weekend tomorrow from 6-10:00 a.m. until then, tucker carlson tonight is up next. ♪ >> tucker: welcome to tucker carlson tonight we hope you hav anything great thanksgiving day away from mass media and a date with the.

we are back, and we are obvious observation. all prosperity in this country depends ultimately on energy. our consumer economy runs on it it takes energy to make things and bring them to the house our tech economy runs on energy to. how do you think they keep thei server farms running. energy is the key to everything that americans do for a living. healthcare, agriculture, es media, travel, construction, entertainment, even finance which is symbiotic with the rea economy and depends in the end on energy because you can't win if they no longer exist. given how central very obviousl central energy is to everything that matters in america, it is hard to believe the biden administration would intentionally make energy much more expensive because we know for fact having seen it repeatedly through history, hig energy prices will crush our economy people will become poor some of the multi-. that is not a guess, it will happen. given all that, it's unimaginable that anybody that our energies would want to a

raise our energy prices. yet that is what the biden administration has decided to do . to do it is between instruments of climate policy in their war against russia. the effect, in the nation with the largest recoverable oil reserves on the planet earth, many americans can no longer afford fossil fuels freight onc again, this is not an accident, it's not a natural cycle we're going too. politicians and point policymakers are doing it to us on purpose now that the midterm elections are over the media ca cover the inevitable result of these policies. cnn for example writing an article about americans who are afraid of freezing to death. is 63 -year-old woman called jermaine johnson said she strun between heating her home and buying food. of course she as using food because she has no choice. its miserable she said it's lik living in an igloo, another man said he turns on his heat only

when his teeth begin to chatter. you can't code food shopping an get oil, it's one or the other he said. it's a horrible feeling it's a feeling i wouldn't wish on anyone in a feeling that americans have not had in generations, these are american citizens living in a major american city they considered first world and they can't afford heat rate and it's happening not just in philadelphia, but everywhere. average home heating prices are up 17 percent last year and up another 18 percent this year. not organic, this is the result of policies from the biden administration and its allies, not just in the congress but in think tanks across washington and in the entire news media. this didn't happen by accident. once winter arrived the problem is going to get much worse you keep your writing around with oil for less and they say that their customers are struggling to keep up with these skyrocketing costs. across the board come heating costs are expected to be high

this winter coming heating oil in particular up 68 percent yea over year. today they filled up this tank with about $950 worth of home heating oil. year ago oil the same amount of oil would've cost closer to $60 freight that's why the company tells me some customers are jus doing without. >> people have gone without hot water and heat for a week just because they haven't had the money to call me and say come o in. to get they don't have the mone for hot water or heat? again, what country in this freight any country that can't provide hot water or heat in th winter is much of a country. we have the largest recoverable oil reserves on the planet. what happens when energy costs continue to rise? people run out of money. households are spending their cash reserves far faster than anyone and the economist projected even as credit card debt reaches historic levels. if you are borrowing money for

household expenses on your credit card, at exorbitant rates , you are done. as business insider reported, americans earned through third of there pent-up savings, and signal spending will soon slow down. that's what happens when people run out of money they stop spending because they don't hav it and then the consumer econom slows. so, when energy costs rise, again, just to be clear because it's not sophisticated economic here, when they arise, so does the price of everything else in the first staple to rise in the cost is the one you have to hav and that is food. >> on the menu for thanksgiving rising prices overall prices ar up seven white 7 percent from last year and grocery prices ar more than 12 percent higher tha a year ago. here is what it means for the family grocery bill as you shop for the big day. first the turkey. per pound prices for turkey are up 17 percent year over year.

an average, frozen turkey cost roughly $2.38 a pound up from $1.74. you can blame the avian flu outbreaks and higher fuel, feed and labor cost because of inflation running near 40 are high straight what about eggs? 43 percent more than a year ago. butter and margarine are up 34 percent sprayed flower is up nearly 25 percent. pies will cost more to make pretty higher prices could potentially change things thing giving plans. >> why is this happening? you heard the reporter alluded to it, but not really clean it there are many factors, but there are two big factors. driving inflation and the risin cost of everything around you, and they are global warming policy in the war in ukraine. now, as it always does come wit the left is people's best instincts, compassion and care for the planet to subvert them into supporting these two

limited policies. if you care about people you support that were in ukraine, i you care about the planet you support global warning warming policies freight neither one of these was about what they said it was about fred both we're designed to spike energy costs, to increase the control of people in charge. it would be to force a cease-fire in ukraine. that would help the world and i would help our middle-class. then you would encourage more domestic energy production because we have the domestic energy. then you would take a look at the trillions we have spent on renewable energy, solar panels, electric cars, wind power, this has made a small group of peopl incredibly rich, but it's put our grid in peril and it has raise the cost of energy. the biden's ministration is looking for solutions, they're

looking for ways to squeeze a few more dollars out of increasing impoverished middle-class. in according to bloomberg this weekend, the irs says more auditors could help raise as much as $1 trillion. oh, so you have less money and they plan to take more, that is not an act of hostility. it is an act of hostility, they don't like you and they're not hiding it big picture, every other major company in america is laying people off, but the irs somehow things do joe manchin, that moderate from wes virginia, they have the dough t higher 87,000 new employees and they are coming for you. they didn't hear harvest people for accident they hired them to take more of your money. so businesses who have to forecast for a living have seen this coming and they are preparing to cut orchestrate what this looks like if you tak three steps back is an economic death spiral.

ahead of christmas shopping, amazon is laying people offered the founder of amazon is actually encouraging people his customers not to buy his products, watch this. >> the economy does not look great right now, things are slowing down and you are seeing layoffs and many sectors of the economy, people are slowing down . the probability say if we're no in a recession like right now, we're likely to be in one soon for it if you're an individual thinking about buying a large screen tv, may be slow that down , keep that cash and see what happens for the same thing with the refrigerator or a new car. take some risk off the table. if you're a small business, it may be delay some capital purchases. have some cash on hand, just a little bit of risk reduction could make the difference for that small business if you dig it into even more serious economic problems. >> that is the guy who screens cells big screens telling his

customers not to buy big-screen tvs. really? that's how worried he is. for the first time ever he's caring about you. that is amazing for you he's no the only one. in october the imf warned that 2023 will bring out recession for most of the world, that sam month the ceo of j.p. morgan said a recession is almost certain in the coming months. so what do you do to avert a disaster when you probably can' stop it? you should know when its outlines are at. take a look at the housing market. home sales are at their lowest level in a decade as they fed raises interest rates, mortgage become too expensive. if the fed were to cut interest rates, home prices would go up along with inflation. you see the problem here, we have reached the end of monetar policies to tweak our economy.

so faced with all of this, the one thing you would hope is to have been a ministrations that understands what the problem is in might at least be interested in fixing it very in taking car of the middle class, people tha don't people on the bottom are what are you going to do with the homeless, what are you goin to do with people that make $80,000 in the new york suburbs? here is joe biden explaining everything is fine and his economic plan as working. >> people are starting to feel the economic results, making progress and bringing down inflation without losing jobs. folks are seeing a much-needed break in inflation at the grocery store as we head into the holidays. >> that's pathetic great everybody knows it's pathetic. the upside of the biden administration is there is no lying at this point is not working, they just did better than expected, but we are not facing the next election and no person wants joe biden to run because everybody gets that it

is unsustainable, even the medi gets it at this point. the question is he replaces joe biden and what can that person do with the disaster has a ministration has created. we are honored, the professor, think so much for joining us. i think it's pretty clear where we are and how we got here what next? >> unfortunately, we had at midterm referendum on the biden administration and they not onl didn't articulate what they wer doing, they didn't defend it an worse yet, they didn't promise to change. so they look at the referendum, the midterms and they think you know what, inflation, oil prices , we didn't even talk about it instead we called our enemies so i fascist, we said they are un-american, we said women were dying all over the country when they couldn't get abortion and that was a successful formula so we will d what we did before and double

down. we would rather be ideologicall correct then worry about the american people or the middle-class. this is what he promised on the campaign trail. he said he was going to eliminate fossil fuel, he just fictive the mantra from barack obama who said he was going to make electricity prices skyrocket when he shut down cold . the designate energy secretary said he wanted to pay high prices freight i think we need to get acculturated to the fact that you said this was deliberate and it will continue and they say it is a great good they are never subject to the consequences of there own ideology and they feel we stupi middle-class people will know what's good for us, week they do , and we have to go down this green road to oblivion. every once in a while when you get close to an election they can tap the strategic petroleum reserve or they can give a half a trillion dollars to amnesty i

then after the midterms are over , all you hear about the and then they can continue putting little band-aid on the wound until the next election, but it's not going to change, and fortunately. >> tucker: , that is the key, they are not going to change. >> everything you have articulated, tucker, is absolutely true. they wouldn't disagree with you. they would say yes, this is the cost of transitioning to green future there's going to be some damage, it's not going to beat us. they're not ashamed, they're no apologetic. >> until they ban private air travel, great to see you tonight , thank you so much. >> thank you. >> as we just told you, a lot o people and this country will no be able to afford to heat there homes this winter. the ceo of rote at t biden saying the power grid might not

make it through either. joseph nolan told biden am deeply concerned about the potential severe impact of winter energy shortfall would have on the people and businesses of this region. he owns combined energy service enjoins us to assist with this would look like with this energ crisis. mike, thank you for coming on. how are you feeling about this winter, we are at the end of november, what do you feel like it's going to be like the next four months? jiggy i was speaking with some of my suppliers and local they are claiming that inventories are at 65 percent of the five-year average. the good news is a refinery in nova scotia just and paulsboro, new jersey is backup, so i thin we are at a fine line as i said before with heating oil and the northeast, my suppliers are saying is much as we came the warm weather pattern, i think we're going to have enough heating oil for the coming

winter great i think the proble is you said is the biden administration, their war against fossil fuels, we are missing five refineries in the united states, that's over a million barrels a day. they shut dead down when covid hits and have no plans to reopen . also we have that they can't make clean air emissions we shu down a refinery in another country so the administrations were on fossil fuels is just mind blowing. >> so there is such demand for fossil fuels, for diesel, kerosene, jet fuel, how could five and six including st. croi refineries be closed, i don't understand that? i am assuming it's a demonization of fossil fuels an these institutions no longer allowing reinvestment in them. i look back at the agenda to pu us on the electric, i was at a panel discussion in albany, new york, the empire center this past spring. the national grid had a presenter there.

their representatives said on winters, on the call to state i winter, they put out for judge mike five times as much energy with natural gas as electric does on its hottest day and summer. somehow in the northeast and ne york were going to eliminate although heating oil, propane and we expect the grid to pick this up very i can't imagine ho this will work. they also said electric rates are up 65 percent disease and. where do we think this will tak us? >> in natural gas is far cleane than renewables than solar are four winds. its lunacy very tight receipt you pointing that out. every time. >> thank you for having me, tucker. the crypto currency exchange blew up in spectacular fashion it looks like fraud, but in the wake of that, we will take you through why did regular readers make this happen.

a way to regulate through the central bank digital currency see bdc. if that happens, we are done. they can control you with the flick of a switch. you should know what they are chant planning. that is also straight ahead.

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>> the crypto currency exchange ftx blew up a couple of weeks ago, it looks like may be the biggest financial scam in history and you have to wonder how it was allowed to pair the head of the company was all ove the media in a number of interviews wearing shorts and playing video games. why did nobody notice? and where were the regulators. well, they were apparently giving this guy a pass because they knew him or they agreed with his politics, so they're not being punished for what the allowed to happen. thousands of people defrauded out of their life savings, instead the using the collapse of ftx to there own advantage t push for it see bdc, which is central bank digital currency? that's where all financial transactions were effectively controlled by the central bank really by the government as we saw in canada last winter, if they don't like what they're doing they can zero out your savings with a keystroke so you have no tommy whatsoever.

you were completely under the control of the people in charge. this appears to be coming in this country per for their working with the fed to implemented. once again, if this happens, we are done. no more political debate, you w will have unprecedented levels of regulation, of surveillance, and of controlled. this effectively chinese social scores come to america. russell brand explained all of this in a clip of the new prime minister of the uk boosting for england. >> it is the of see bdc central bank digital currencies. he is in fact advocating for them per today i'm proud to say under the uk's presidency, the group of the world southernmost the g7 is launching a set of

public policy principles for retail central bank digital currencies see bdc's. central bank digital currencies could be a digital version of money a bit like a digital bank loan. >> what if this person is an idiot, which they think that we are. it's like a digital moneybox. you will owe nothing. you will be happening. >> it can be used alongside physical notes and coins. until we phase them out. outcome at where has my money gone, the digital piggyback. >> and like most of the digital money people use daily today, i would be issued directly by a central bank, by that bank of england in the uk. >> nothing like centralized power, globalist degrees coming down from on high bird that's what exactly what we want.

central and government banks across lake world are working together. get really, they are working together. that is such good news. why don't we involve the wtf an the wto, what we need is unelected global bodies who hav been able to co-opt political power, respond to full angel power and repress regular people . we are seeing the benefits all around us, i can't wait for you next policy to take our money, this is great. >> looking into what having a digital currency might mean in practice. i think it knows what i mean in practice more power if you know powers to use. this includes people that issue ensuring people's money would b safe and secure it could work with other ways to pay would be energy efficient. >> is going to be energy-efficient i was about to say is it's energy efficient. i've got to make sure. though, and a few other questions you wouldn't use this

effort to implement control or to advance social credit types of systems or to shut down the bank accounts of people you disagree with or to surveilled people and have surveillance an now a financial arm that you're developing so that you can lockstep together and to gridlock us in a digital prison of surveillance tyranny. answer those questions? oh yeah. one of the smartest people we ever talk to, he joins us tonight, so thank you for comin on. here you have regulators in the united states feeling in the most obvious possible way to rein and this crypto currency exchange, and in the wake of that they're not punished, but they've decide they're going to use it to get more power for themselves? am i misreading what's happenin here? >> a think you're reading it correctly. as the expression goes never le a good crisis go to waste. these see bdc's in the u.s. are a bad idea, so few reasons, but it's worth knowing the reason that economists supposedly

supported, the main argument as they say that actually china is doing it in the u.s. will be less competitive and the dollar would be less strong if the u.s fails to keep up your there are so many things wrong with that argument but the first and most obvious is that's a good pass t get us to be more like china which is not a way for the u.s. to go in terms of being a surveillance state and its for that reason that if you think about it, the u.s. could have a stronger dollar if it does not jump onto this bandwagon becaus people might want to actually hold a currency that doesn't allow them to be the subject of surveillance and control. you could make the argument about the strong dollar we're going to miss out on without th cdb seas and against the backdrop you know well which is the fetishization of strong dollar is the end all be all anyway. there is a good reason why chin has tried to repress its currency, so on many levels the argument fails.

>> this is not an investment show that you're very fluent in this linkage and knowledgeable, what will this do to gold prices ? if they get close to this, a lo of people will just try to opt out of the system, right? figured i would think it has a big positive effect on gold prices. markets have been weird in the last couple of years. against that backdrop, when you ultimately all four peoples and go into digital currency which mean could be a means of that could be the last stand for gol having the last laugh at the en of the day. more importantly is we should not see this great reset, this dissolution of boundaries between the private and public sector between different nation ultimately create this new worl order and these are just the symptom of that deeper cancer. >> that is exactly right. thank you, great to see you tonight. thank you so much. >> thank you. >> socha met they have been

telling you that the problem is you're keeping too much money 87,000 new irs agents, but at the same time they are selling sending tens of billions of dollars to the ukraine the beggar in the tracksuit constantly demanding money. it's over-the-top so we decided to get put together video montage of some of his recent demands, not requests, demands. that is next.

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>> welcome to fox news live. we are learning more about the motive behind this week's deadl shooting in a walmart in chesapeake, virginia. police say the gunman who was just door manager left a note o his phone accusing coworkers of marking him. police say the handgun used in tuesday night shooting was legally purchased the same day, the gunman killed six people then died from an apparent self-inflicted gunshot wound. a u.s. patrol basin in northeas

areas have been targeted by two rockets. u.s. central says no one was hurt on the base was not demonstrate syrian democratic forces you death visited found third unfired rocket, u.s. forces first of way to syria during the obama administration 's campaign against isis, there are currently about 900 u.s. troops there. back to tucker carlson tonight, for all your headlines log on t foxnews.com. >> esg stands for environmental social and governance. that doesn't mean everything, but it means everything. which is a way for the left to control companies and make certain that all of the money, all of the investments go to causes they believe in. it has been a complete disaster. to increase with high esg score are as collapsing.

they decided to transform our economy with esg, this is what happens when all decisions are made through a political/ ideological lens. that works great in sociology class, but it doesn't work well if you're running a country. not as the reason the biden administration is pushing electric cars china makes the panels in the wind turbines. they also control the materials needed to make batteries. one at the few people who sees the big picture here, and the details he is the author of apocalypse never, he joins us tonight for a thank you for coming on. the rest of us notice that groceries are more expensive, you see, i think, what is reall going on because it's a much bigger movement. that has been thought through. >> great to be with you, tucker the evidence is they have been

experimenting with renewables for a couple of decades and die china controls 90 percent of th market for rare-earth in wind, solar, and batteries require 70 conventional fuel so moving towards wind in solar is a recipe for making ourselves dependable on chinese energy when we are rich in natural gas and oil, our natural gas reduce our price of energy over the last two decades and reduce our carbon emissions. natural gas is a blessing that president biden is boasting about shutting down. right before the election he shouted no more drilling at a new york rally. this is an effort to enrich as small number of global elites a the expense of the american people. the criteria of a social governance, nothing is worse than solar panels made in china there made by slave labor muslims, they make electricity and the unites states expensive

and make us dependent on china. >> when choosing it that way, you realize they don't have arguments, they only have force and that is why they have to call you deniers, because they don't have anything to say to that as you know. as always, the voice of wrist him and we appreciate it. >> good to be with you. >> socha met the esg/global warming agenda is part of the reason our economy is tanking. the other part is ukraine. we are pushing, in fact engagin and a hot war with russia at this moment which has upended energy prices around the world for the u.s. congress has some horror earmarked more than $90 billion to ukraine just thi year it was double what we spen in afghanistan, that is far mor than russia's entire annual military budget. it is still not enough for the president of ukraine, zelenskyy.

he doesn't ask u.s. congress fo money, he demands it. here he is over the last three months. >> we absolutely need the unite states to show leadership and gave ukraine the air defense system, it is not even nearly enough to cover the civilian infrastructure, schools, hospitals, universities, homes of ukrainians. >> we have to keep financial needs of the country that is $38 billion to make up for the deficit of our budget for next year, and another $17 billion that were verified by world ban and needed to rebuild the critical infrastructure. >> we would like further support , especially the amount of support to stay the same and to have this joint support from the u.s. society. because at the end of the day, this is not the government of

the government, but the money o the people. >> do you know that guy? who is that guy? he is some ukrainian strongman demanding money from us? like all of that guy. where does he get off? he is demanding the u.s. congress fund his government. where does he get this attitude? >> he was brought to power by a oligarch which he recently went after and targeted for persecution in ukraine so that tells me something that zelenskyy has a more important and rich benefactor, and that being the biden administration in the cabal that is pushing al this agenda on the united states . he's not working for the people

of ukraine you are suffering massively. we have had a team on the groun since in 2014 and we're being told not for months they are saying where is all they say that supposed to be coming were not seen anything. we have teams going into poland and buy food for the people and by medical supplies. a large section has no water or electricity or heat going into the winter. many of these in these high-ris soviet build buildings. he is not working for the ukrainian people. $90 billion, there's been the object of where that money went. democrats are fighting an audit why wouldn't they want to know? >> because, approximately, you've got to realize this is the first indeed team, we are estimating that only 30 percent of the supplies and that military aid is actually gettin where it needs to go. there has been evidence of arms

being shipped overseas. his money isn't getting where i needs to go. a lot of this money is going offshore, you talk about homes, there are credible reports that a lot of these ukrainian officials have bought property offshore, they don't want they want the money trained to continue for the defense contractors and the u.s. and i am fascinated to see what happens when the house gets taken over by the gop and hopefully this money train stops . >> then you see decent reasonable conservative people, nice people like joni ernst backing this, a lot of republicans need to wake up and understand that they have been had in a very profound way. thank you for coming on. >> thank you so much great. >> homeownership is the key to the american dream unfortunatel it's now out of reach for a lot of people. what is happening to housing markets?

we should probably know and wil find that out next.

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after my car accident, ♪ call owondnder whahatmy c cas. eight million ♪ so i called the barnes firm. i'm rich barnes. youour cidedentase e woh than insurance offered? call the barnes firm now to find out. yoyou ght t beurprpris >> if you're running for fed, the two thing you're afraid of our inflation and slower growth and they are obvious inflation is so the fed is raising rates, as a result, getting mortgage now is difficult for a lot of people. and the housing market looks like it's about the meltdown carried grown men on the verge of moving out have been will be living with their parents for years to come. covers this and much more senio

calmness correspondent who discovered this business world for many decades and joins us tonight. what do you do about this? >> a think the only thing left to do right now is what the fed is doing, we created a bubble i all sorts of risky assets from crypto, to mean stocks, and housing was one of those assets that it helped propel to even greater and greater heights. this is kind of what happened during the 2008 financial crisis . i don't think that banks are as imperative as they were back then. the banks lend out money becaus it was free. amid all of this, you have the housing prices that went up dramatically. housing prices went up 100 percent in certain parts of the south, south carolina, florida. there is a logic to this, these are lower tax places that peopl from new york are moving to, bu also there is speculation that they have been seen before, tha has to pop and it has to that

hat thought has to go away. what i think is going to make i even worse when this thing continues to unravel is the fac that you don't have a lot of natural buyers from grown men who are living with their mother . its meme, you know, you live with your mom. in italy, i have family in italy , they called them munis, these other guys living with their mom into there 30s and 40s. it has an economic impact and you will see it with housing. >> so on the other side it you got inflation. you want housing just a reasonable, to not tank like it's tough.

and, it is certain pockets of the country, so is housing very like i said, it was a rush to buy houses and all these places fueled by the pandemic, but als fueled by the fed. the only way to get rid of that is to pain, and the pain is going to be lower housing price and people's net worth slowing down for a while until this thing get sorted out. >> it would be nice to have a economy driven by the economy and not money printing. >> you would think we would hav learned that from five financia crisis where everything was built on financial engineering and derivatives. but no. here we are again. >> again. the state of texas is one of th natural gas reserves on the

planet, but somehow last year a the state of texas ran out of energy. leaders in texas relied on as so-called renewals like windmills like sound great, but they don't really work during windstorms for example. in texas they failed and people died as a result. for an episode of our documentary series we went to see what the problem look like firsthand, here is part of what we found. with no chance of being approve the development invariably happens in poorer parts of the country, the number one place for wind farms, is texas. the question is what happens when the turbines stop spitting. nowhere in texas trying to find a place just to sleep tonight. everything is sold out. >> it's not expected to be the largest insurance claim event i texas history. this winter storm totally overwhelmed the power system in texas.

>> nearly four-point to million texans have no electricity. >> the most wind power capacity and the united states, but the texas turn binds iced up during a cold weather event in februar of 2021, electricity output collapsed. naked texas regulators ordered rolling blackouts. all those federal and state subsidies for wind in solar events have caused an overbuilding of wind in solar i texas. it is cheap energy. big companies love it, they lov the virtue of it because they say look at us, we are at zero carbon, right, what they really like of course is that cheap wind energy. what they're not paying for is the reliability of the grid. the texas grid like the california grid is becoming increasingly unreliable and difficult to maintain.

this turbine is leaking oil. >> that is called blown away, the people versus wind power. we will be back. test.

>> tucker: that's the day after thanksgiving show. we can't see you but can imagine you. glad you tuned in. sigh you monday. have the happiest weekend with the ones you love. see you then. >> welcome to a special edition of hannity. jason chaffetz in for sean. with thanksgiving in the rearview mirror, the christmas season is now in full gear. unfortunately between back breaking inflation and high gas prices, millions of americans are struggling with expenses this holiday season. meanwhile, our president, joe biden, well, he's just struggling to get by. have a look at this. >> i