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tv   Cavuto Live  FOX News  November 26, 2022 8:00am-9:00am PST

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seen two large migrant groups that have been taken into custody. we want to get to you brand new video, one of the groups in the heart of eagle pass, 180 in size and border agents say they're mostly from cuba. not long after that -- and those people were processed, agents encountered a second larger group 250 on the outskirts of eagle pass not far from here. we can say that temperatures are getting cold, especially overnight and in the early morning hours and you can see the migrants are often times given mylar blankets to try and warm then up. this, as two more migrant buses from texas arrived in philadelphia on friday, carrying 72 people. texas has sent four buses to philly in recent weeks. the cold weather, however, not slowing the flow. more than 230,000 migrant
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encounters reported for last month, that's the first new month of c vp's fiscal year and nearly 40% jump from october of 2021. meantime, dhs is pushing back on g.o.p. house leader kevin mccarthy's calls for dhs secretary alejandro mayorkas to resign or being impeached, he says he's staying put, saying they inherited a broken system and mayorkas has faced enormous criticism, a record 2.3 million migrant encounters at the southern border last year, charles. charles: casey, thank you so much. as we mentioned, republicans, they continue to call for dhs secretary mayorkas to resign or face impeachment. what does my next guest think? opportunity chris olivarez from
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public safety. it's a statement for minority leader mccarthy who will be majority leader soon. will that go in your mind to a way to get some resolution or something out of this administration is this. >> that's what we're hoping for, charles and speaking with border patrol agents in the field as well. and why they've let this get out of hand. there's no disputing that, we to for fact the records were numbered low as far as apprehensions and encounters, enforcement action, ice agents were allow to enforce the law and coming across the border. that's not being done. we're seeing mass migration and human smuggling at unprecedented levels and the huge smuggling organizations in
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mexico are involved in a multi-billion dollar industry. there needs to be accountable and the question that needs to be answered, why are they allowing this, why aren't they following the policy of 2021 because it did stem of slow of migration. charles: ironically that's one of the crux of issues for kevin mccarthy, the administration, particularly head of dhs continues to tell the public everything is either a-okay, it's not a crisis or b, if anything is wrong with it it's from the prior administration. you're saying that things were going much better then. what i'm wondering when folks who are thinking of illegally entering the country, when they hear from the administration down playing this, is that seen for them as a red carpet. come on in, we're not going to say anything, we're going to look the other way and downplay it. >> that's why we're seeing the
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numbers. starting at october 1st, 349,000 encounters and over 134,000 known got-aways reported by griff jenkins. we're on record to surpass last year's records and it's started. it's essentially a welcome red carpet to immigrants coming across and that's why they continue coming. we're not seeing any consequences. we hear about consequences, but nothing is done, no strategies in place to stem the flow of migration, we know because we see it firsthand. i've been out here with our troops and border patrol agents, what they're dealing with, chasing down the illegal immigrants avoiding capture and high speed chases and the numbers that the agents and troopers have to deal with and there is no policy in place to stop the flow of migration, right now it's unacceptable and not sustainable much longer.
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charles: i was reading a story from a week ago a new yorker who took you guys on a high speed chase and ened up having four illegal immigrants on board. what about 2.3 million, it's a hard number to comprehend. i mean, any country would say, this is a problem. it's just-- you've got to control your borders, what happens when title 42 goes away? i mean, i'm hearing it's going to get exponentially worse. >> well, it is. i mean, right now, you know, daily average that we're seeing 7, 8,000 a day daily encounters on our southern borders, put that in perspective with title 42, that's with title 42 in place. once title 42 is gone, we can expect double to triple the numbers on a daily basis and with that, not just talking those surrendering to law enforcement, seeking asylum and we're including those trying to avoid capture and we'll see increase of illegal immigrants trying to avoid capture and
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with human smuggling. it's going to be a consistent situation, charles, out of control and that's why what we had in place and sustaining the situation somewhat and now we've got to see what to put in place to stem the flow and go after the organizations exploiting the situation right now. charles: let me ask you about texas governor greg abbott sending armored transport vehicles to the border this week after of course declaring there's an invasion going on. and of course, a lot of pushback on that, folks saying it's inhumane, is there-- do you believe that there's a real need and necessity for this? >> well, charles we know for a fact that governor abbott is doing by far more than any other governor in terms of border security and we're deploying additional armored vehicles to the border, they act as a deterrent from an organization, when they see national guard on the border and armored vehicles, the runners, got-aways are not going to cross in those areas,
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it's important to have the national guardsmen, armored vehicles on the area where we don't have a border wall. going back to the border wall, it's important to have an infrastructure in place to close the gaps, without that, you have to use, you know, manpower, which is national guard, troopers, border patrol or armored vehicles in this case, essential to border security. charles: i was in the security police the air force, and nuclear weapons, but we learned deterrent is the biggest thing as you mentioned. >> exactly. charles: lieutenant olivarez, thank you, appreciate you. >> thank you, charles. charles: a surge for the border, and now hoping for a surge over sales on the weekend. nate. >> despite budgets being tight with inflation being what it is, a lot of consumers are taking advantage of the deals that are being offered, the national retail federation expects 166 million shoppers this holiday weekend. now, it started on thursday,
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thanksgiving day, and it was busy, but there was almost twice the amount of online sales on black friday. listen, a lot of people are excited. >> we love to just come out and see what's going on on black friday. it's just fun. i feel like the excitement of the holiday starts on black friday. >> and charles, consumers are expected to spend 34.8 billion online in this five-day stretch which is a 3% increase from last year, but i mentioned black friday. the official numbers aren't in yet, but online sales expected to reach 9.2 billion dollars, which is a 1% increase from last year. but with inflation at almost 8%, retailers are actually losing ground with online sales, but take a look at this, a lot of people also very excited after two years of pandemic disruptions, to get back and doing their shopping in person. some of the more popular items, apple air pods, apple watches,
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smart speakers, tv's, digital cameras as well. take a look at this graphic, charles. for people looking to maybe knock out holiday shopping in the next few days. according to adobe analytics, here is when you can expect the best deals for items. if you're looking for toys, go out shopping today. if you need sporting goods and apparel, it's the best day to find the items and computers, cyber monday the day to do that and discounts expected to reach 27% and furniture, also, you're recommended to do that to go shopping for furniture on monday. back out here live, charles, today is small business saturday compared to the other four days in the stretch. one of the slower days and cyber monday just in two days where consumers are expected to spend even more than they did on black friday. we'll send it back to you, charles. charles: thank you, nate. retailers aren't just bracing for shopping this holiday season, but also for robbers. and that has new calls to reverse those soft on crime laws, plus, there's a mad dash
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at the airport to get back home this weekend, but will foul weather in some parts of the country leave lots of folks stranded? expect them. at a price that you won't believe. where? lowe's, actually. black friday is here! get our best deals on everything for the season while you can. hi, i'm susan, i've lost 84 pounds on golo and i've kept it off for a year. i had spent so much money on other products that when i saw the commercial for golo, the price was so much cheaper and i thought, "boy, this might not work but why not try it?" it is amazing and it works really well.
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>> retailers are beefing up security this holiday shopping season as crime soars. the national retail federation says there's been 26.5% jump in re retail. >> and a couple weeks ago, target reported their earnings and they lost $400 million, on pace to lose $600 million from theft and what was amazing to me about it, target is known for having the best shoplifting laboratory in all of retail. they could stop it. no other retailer could do better than them.
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and they know how to do it, but wonder why they're not doing it. >> this is a cause and effect issue. the cause is we have no bail laws, we have liberal da's who will not prosecute shoplifters. >> and when they report shoplifting, a lot of times police don't respond. large chain clothing stores, some of the largest chains are closing because of theft and the bottom line for consumers, prices are going up because of what's happening with the shoplifting tleft. charles: target closed 140 stores and to your point they're suffering. my old neighborhood, i found out the rite aid shut the whole store down because of shoplifting. and that's a rite aid, they need the medicines.
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that's a tough crime. and i had a woman on my show, a small business owner, they rob her every single day. does anyone hear the pleas from these folks, small business owners, people who need their medicines, and neighborhoods that would like to have safety. is anyone out there going to hear their pleas? >> i think we're beginning to see pushback from the public. there's ways to fix this, even with low bail laws. what's happening are the shoplifters are selling a lot online. if we required the online market places to vet and get the names of people selling things we could shut down online sales. the bottom line, the country is in chaos because of leftist d.a.'s and we need to make sure when somebody is arrested, they get prosecuted. and the crazy laws in california, anything 900 and under is a misdemeanor, the
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message is go ahead and rob them nothing is going to happen with you. charles: we've seen them walking through the store with a calculator and they get up to that number and walk out of the store. >> it's organized and it's not just targets of opportunity. they say we're going to nordstrom and macy's and steal computers and telephones and high cost items and sell them on the internet. charles: so, we are getting some pushback in some places, it just doesn't feel like it's happening fast enough. again, you had the very tough job in the toughest city in america and you had to make tough choices. we both know new york city from the '70s and '80s, how tough it was, we're not back there yet, but how are you talking to different folks, whether it's people who run cities or people run law enforcement on what they should be trying to promote right now to counter balance all of this? >> what i'm telling them is that they have to go back to what we did in new york city in
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the '90s and early 2000's where we made sure that every qualify of life crime like shoplifting or others, was prosecuted and we have to go back to what really worked and you know, people get upset at this, but it's a fact. stop question and frisk sends a message to criminals, if you commit a crime, your chances hf getting caught are high. and right now we've made criminal activity in retail easy for criminals. we have to turn that around and prosecute every single person who steals something from the store because the bottom line, we pay for it in the end. charles: no, you're right. hey, would you do stop and frisk differently though? there were hundreds of thousands of people who were stopped and less than 10% were actually arrested. i can tell you myself as a black man being stopped for being black, you turn the entire community against the police and against society. i think honestly, the way it was--
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it got out of hand in new york city back fired because you had little kids who saw their brother going to night school, getting pushed against the wall and grew up hating the police and feeling like they couldn't make it. >> you're absolutely right, charles. stop and frisk is a policy and a tactic, rather than a strategy by itself. what we need to do is do it constitutionally. when i was police commissioner, we did about a third less stop and frisks than what happened in the later 2000's. if you use it judiciously, it's a tactic and you don't target because of ethnicity or people say it's a black man, a spanish man or-- >> not indescriminately. charles: we all know in our communities who the criminals are and people want to help the
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police. thank you, appreciate it. >> good to be with you. charles: what's ahead for flyers heading back home and the ceo of frontier is here on the upcoming travel crunch. st. you remember rick, her neighbor? sure, he's the 76-year-old guy who still runs marathons, right? sadly, not anymore. wow. so sudden. um, we're not about to have the "we need life insurance" conversation again, are we? no, we're having the "we're getting coverage so we don't have to worry about it" conversation. so you're calling about the $9.95 a month plan -from colonial penn? -i am. we put it off long enough. we are getting that $9.95 plan, today. (jonathan) is it time for you to call about the $9.95 plan? i'm jonathan from colonial penn life insurance company. sometimes we just need a reminder not to take today for granted. if you're age 50 to 85, you can get guaranteed acceptance whole life insurance starting at just $9.95 a month.
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>> holiday travelers facing some delays across the country as flyers are facing soaring ticket prices this season, but they're still taking to the skies no matter the cost. how are airlines preparing for the holiday crunch? let's ask the ceo of frontier airlines, barry biffle. i know everyone is travelling, it's yolo, you only live once. your industry is going extraordinarily well. tell us how it's going so far? >> it's going great, charles. thanks for having us on.
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we're doing well over the thanksgiving holiday season. 85 to 95,000 passengers and we haven't seen any disruption. weather is cooperating so far. >> to the point we had the big issues earlier in the year and a lot of finger pointing and disgruntlement and a lot of the airline industries say that pilots took off. they didn't come back. this crunch that caught the entire industry flat-footed isn't it looming out there? couldn't it happen again? >> well, there still are challenges, we've talked about it a lot. our staffing it wasn't really an issue. we had challenges with air traffic control and with gating. and we're working with the authorities on that. our challenges are largely behind us at this point, charles. charles: for the entire industry? i know there's a push to let pilots fly beyond 65 years old. >> that is correct. there is a pilot shortage and there are a lot of solutions
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being proposed. one of them is going from 65 to 67 or even 68 or 70. and operationally the challenge i was speaking to the disruption challenge we had earlier in the year those seem to be behind us. charles: what about now, this current travel craze. i think it was the ceo of united saying that this new hybrid work schedule is working well, working from home on friday, they're actually at the airport, getting that three-day weekend in. [laughter] >> that's true, charles. the work from home creates a work from anywhere and we've seen an explosion in travel. in fact, a third of our customers are travelling five times or more a year on frontier and that's up double from what it was pre-pandemic. so, yes, there's an explosion in leisure travel. charles: i think the cpi report, i think that ticket prices are up 41, 43% year over year. that's unsustainable. at what point do people start to push back and say no mas.
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>> the truth is people are making more money. incomes are up and our fares are affordable to more people and the truth is you see it at the pump and fuel prices are up, that's a big portion of what the increase in fares are. if we can see the fuel prices come down, i think you could see air fares come down as well. there's a constraint in capacity. there's more demand than supply. so you'll see consumers continue to fill up airplanes especially as we approach the christmas holiday season. charles: that's where i've got a little bit of a bone to pick with you. you're an airline proxy. after 9/11, the united states sort of saved the airline industry and the americans were rewarded with changing ticket fees and baggage fees. we were told it was temporary, never went away. and now you're saying if fuel prices come down, maybe the airline tickets will come down. should we really believe you, barry? >> i don't know about what happened after 9/11. i can tell you that we do
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unbundle the product and enable people to save and pick and choose the product that they want and enables the most people to fly and the most fair process you can have. charles: let knee ask you ab about-- let me ask you about something you're doing, apparently gotten rid of the phone service, and a chat. >> you have a digital chat function and reach us easier through the chat and serve more customers and we see higher nps scores or higher customer service scores as a result. it's a new way and a lot of airlines are doing this and a lot of companies are doing it on the digital side. charles: it sounds like it's a lot easier. it's tough when you're sitting there on the tarmac or the airport to use the telephone line. a lot of people tweet out complaints and you get these sort of -- these canned replies and only makes things worse, but this chat idea does sound pretty impressive. are you getting any feedback
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from it yet or is it too early? >> people like it. look, you see how often people text their friends and family and the same thing here. so it's very easy to use. you can actually be on a phone call and be doing this, so people really like it. i mean, we didn't invent this, right? we copied other industries doing this for a while, but it's successful. charles: i wasn't aware of any other airlines that have done it. i thought it was pretty innovative. let's talk about consolidation in the industry and this is up there with the baggage fees and changing reservation fees. this is the attention of the lawmakers and a lot of potential mergers that could happen in your industry. why is it a good thing? >> well, so, lots of times, you know, if you've got small carriers merging with other small carriers, this could be beneficial to consumers because what we proposed last year obviously was a good idea, at least we believed, because it would help the, you know, give competition to the big four airlines. obviously, if one of the big
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four want today merge, that would be very destructive for consumers. but if you were to have consolidation among the smaller carriers, it would give consumers more choices. charles: barry, good stuff. we appreciate you and thanks a lot. i know it's a great time for the industry. we appreciate it. everyone's out there yolo, you only live once, get on a plane. thanks. >> all right, charles. charles: millions of folks are flying and now trying to get back home this weekend. so what kind of weather is headed their way? we want to bring in fox chief meteorologist rick reichmuth. he's got the latest. >> charles, i wish i could be where barry was with that shot looking beautiful. they've had snow across parts of the west which you love to see and more in the next couple of days and see some delays across parts of the northern rockies today. that's a bigger issue for us by the time we get say, towards monday. across parts of the south, chances of delays. so far nothing looking that bad
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and pulls off to the east. chicago, d.c., philadelphia and boston. maybe some delays, i don't think any major problems, which is good news. everybody looking good. above freezing across the entire lower 48 which you love to see and at this point even with the storm we have down across parts of the south we're not seeing any delays, which you love to see. want to put this storm into motion and parts of the southeast today, pulls off towards the east, we need that moisture. tomorrow we're going to be clear. the same storm on the northern side of it, moves today throughout the ohio valley tonight and across parts of the mid atlantic and tomorrow exiting parts of the northeast, so we could see a delay or two from that, but overall, i tell you what, when you get into the holidays like thanksgiving, sometimes we get big storms. this isn't one of them. this is the rain that we're going to see maybe near two, three inches. parts of the south need the moisture. which is great news.
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want to take you quickly what happens tonight into tomorrow and eventually monday and tuesday. the storm across the northern rockies gets reenforcement of colder air that comes in, this is sunday to monday, snow across the northern rockies, in the northern cascades. by tuesday, wednesday, a big line of snow cutting across parts of nebraska into towards minnesota, iowa and wisconsin, that's potentially going to cause some problems, but more what we're watching charles, this is tuesday, chance for some pretty significant weather that we're watching across the south. this is tuesday, if you're in the south be alert for this, we could be watching potentially for a tornado outbreak here as well. we got lucky, but next week a lot of problems. charles: by the way saw you on fox and friends earlier with the weatherman umbrella and honor. >> we're up to $330,000, selling umbrellas, $5 at a time and folds of honor, and feels
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great. charles: it is great. thanks, my man. what is not great, is the crypto collapse. owing the creditors $3 billion. will they see any of it? first live to ukraine where russian missile strikes have left half of kyiv without power. we'll go there live on the ground next. we know you care. [music plays] but if this is all too real for you and your loved ones. ♪ make the call. because we care too. ♪ home instead. to us, it's personal.
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>> does walking here look the same. >> >> to ukraine, where russian missile strikes are leaving utility crews scrambling for the grid. and half of residents are still without power. fox's greg palkot in ukraine with more. >> we've got to tell you, there are struggles on a lot of different fronts right now here in ukraine. you're right, energy is one of them. the fighting continues for sure. new russian missiles strike and clashes between ukrainian and russian forces are reported today in the south and the east. the officials in that resent
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liberated town of hershon were killed. and one of the russian strategies are to hit the power grid, making ukrainian people suffer. >> they're being restored for the time being, but there are a lot of shortages and blackouts. take a look at how people are coping. >> the waiting room of kyiv's train station, a place to charge phones, have a cup of tea and warm up. this is after strikes on the energy grid here. the u.s. helping with thermal blankets and aid and workers racing to restore vital services, amid blackouts and a cold winter ahead. >> we had no electricity, no heating and water, nothing, it was bad. >> did you ever think in the modern day you'd have to deal with this kind of thing?
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>> no, no one saw it, no. >> we came to the conclusion that we just have to live. live for today. >> just have to live for the day, charles. that's the word from that lady. president zelenskyy, he was busy today and met top officials of belgium, poland, lithuania. and he is pushing a grain from ukraine initiative getting blocked supplies from here to needy countries in africa, this was announced, charles, on the 90th anniversary what they call the great famine. that's when millions died here in the '30s in a brutal farm program led by the then soviet leader josef stalin. moscow sourced terror sounding familiar today. charles: thank you very much. here with us is retired army four star general david
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perkins. that last part was chilling, history in some ways repeating itself. >> yeah, charles, i mean, make no doubt about it, it's going to be a long, cold winter for the ukrainians. as greg said this is the 90th anniversary of the soviet imposed famine. and ukrainians seem determined to move forward and as the war goes on between russia and ukraine, you're seeing the ukrainians gain in capability. there's discussions this week of, for instance, germans sending them patriot missiles some of the most advanced western missiles, at the same time british intelligence reports that russia taking nuclear warheads off old missiles because they're running out of ammunition and firing the inert or, you know, conventional weapons. so the capability, the ukrainians is increasing while that of the russians is decreasing. charles: and we hear these reports often and it feels
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like, for lack of a better term, that ukraine is winning or has the momentum and then, i don't know, weeks go by and nothing feels to change, the city is recaptured here or there, but still, the overarching theme is that there's a sense of dire, a dire sense still that ukraine is in desperate straits. so, what has to happen at some point to break the will of vladimir putin? because it feels like this all comes down to when he is ready to stop or, you know, call a halt to all of it. >> well, you're right. and i mean, this is a long-term event and by no way meaning to sort of underplay, really, the sacrifice the ukrainians are going to have to make. but again, when you look at historically, i mean, most wars send with some type of negotiation. what ukrainians and zelenskyy have to do is get to the very best position possible and again, capability-wise, they
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are ascending while the russians are descending, but the russians, they have a very large capability that they can sort of eat away at. so putin is going to have to get to the point where he sees that he cannot make any more progress and both of them will have to sort of redefine victory. putin has redefined victory multiple times already which is a sign of weakness. charles: we also hear, to that point, that from time to time zelenskyy, you know, changes what he would like to sort of come to a conclusion. is it-- do you believe, recapturing, you know, lost lands, now, from prior invasions, is that really on the table? is it possible that zelenskyy could be pushing for too much at this point? >> well, i think he is-- it's clear that he's exceeded all expectations starting from, you want to say the defensive key, and even the recent
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victory taking hershon back, and it gives them moments for pause and rearm and refit. what zelenskyy has to look for are some major wins and put putin at a tactical disadvantage and internal political disadvantage. putting putin at an internal political advantage is many more than at this point in time than tactical. charles: to this point. we're hearing about dissension, one of the reasons that vladimir putin did not attend the g20 meeting is he's afraid to leave the country, that maybe miss-- maybe he's getting so soft enough that there's enough pushback in his inner circles that he's got some real concerns. >> well, there is a he clearly a lot of people that were a year ago, before last february, were in a position of power and great wealth that, you know,
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are now having to deal with global sanctions and kay october turmoil and those people i think are less capable to put up with their sacrifice than the average ukrainian is putting up with their sacrifice. charles: great point. general, thank you so much. >> thank you. charles: the world cup where team usa is in a must-win to keep advancing. and from doha, qatar, alex. >> and it was an exciting night for those who traveled to see the team who played their best. more pressure for the next match on tuesday, we'll break it down after the break. where can you get holiday ready... and host-the-entire-family ready? lowe's, actually. black friday is here! get our best deals on everything for the season while you can.
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>> okay, so it's been somewhat
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miffed with the usa team. and they tied england nil-nil. and england was favored. and now they have to win against iran. >> hi, charles, americans fans are excited about the results. it wasn't a win, it was a tie, but not the performance they were expected from the english team days earlier crushed iran 6-2. take a look at the footage. some of the highlights of the match. and that had fans cheering in the stadium. and today they'll get to celebrate the thanksgiving holiday and pushing off the holiday seemed to pay off, u.s. fans are rooting them on in the stadium and some wearing great costumes and this adds to the drama and puts more pressure on game three against iran on tuesday and they'll need to win
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this in order to move forward in the group. earlier in the day yesterday, iran beat wales 2-0 and in some more activism that we've seen at the world cup iranian fans in the stadium were stopped by security guards who confiscated the flags and signs they were holding supporting the protests back home. now, today there's another full lineup of soccer as teams attempt to steal and seal in their spot. australia beat tunisia 1-0 and france is playing denmark. it's halftime and the score is 0-0. in 1998 the world cup was expanded from 24 teams to 32. now, fast forward about 30 years, the next time we'll see a world cup, it will be split not only just in in one city as we have in doha, but across three countries, u.s., canada and mexico, and also changing the dynamics of what this will look like: the game will be expanded from 32 teams to 48. charles. charles: wow.
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alex, thank you very much. now the crypto collapse, folks, it's getting even messier leaving a lot of invests asking if they'll ever get any of their money back. that's next.
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>> so lawyers for ftx painted a grim picture during the company's bankruptcy trial, take that sam bankman freiedman used it as his own fiefdom, where is this all heading? i want to bring in brock to discuss. brock, your overall assessment of this whole saga. i mean, it's so ugly, so sad and unfortunate.
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>> well, it's probably the biggest, i mean, it's the biggest scandal of my lifetime for sure. michael lewis had been profiling sam bankman fried for the last six months so when it's said and done we'll likely have an incredible movie similar to the social network that a lot of people's lives have been impacted directly, over million people and tens of millions as a result of the contagion and the impact on the overall industry and it's full of scandal. charles: you know, and to that point, a lot of people making comparisons to madoff, victims of victims, but a lot of the bernie madoff victims were wealthy folks he bumped into in palm beach. and a love the these are younger people, i met one who worked in a hospital in his 20's. and this is your industry and everything is thrown--
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everyone is saying let the whole thing burn down, it was all a scam to begin with. how are you pushing back against that? >> this is not a failure of bitcoin block chain or cryptocurrency technologies, these are legacy issues, this is traditional fraud. that happened to be the product. this is a centralized financial company and wreaking havoc on the industry in the short and midterm, but it doesn't change my view on the impact in the future. if anything, probably help accelerate the move away from legacy centralized financial institutions to what we look at decentralized trustless institutions that exist. in the long run it's good to get rid of bad actors though it's created a tremendous amount of pain and suffering for people. charles: do you feel it slows up institutional adoption of bitcoin? there's a public relations aspect. a lot of folks are lumping it
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altogether and a lot in the financials are lumping it altogether. >> and it has an impact. many comparisons to enron like balance sheet moving it around and the same with madoff. and where was the due diligence. and there's celebrity endorsement, i don't blame them for doing it, but massive amounts politically and f philan philanthropically. but there are those that vet them and do the due diligence. it's like goldman sachs and morgan stanley underlying an ipo. the two most prestigious capital institutions basically enpowered this entrepreneur by lending credibility to it and that's not something you've heard about. charles: one person hitting that hard from day one, me. every single day on my show, making money on fox business, i have been slamming that.
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sequoia raised money for them twice last year, one $25 billion valuation and in asian a publication, a glowing publication, where sam bankman fried bragged about not reading, and this is who they were in bed with, they've got to be answerable for this. a minute to go. you brought up the politicians and numbers count up. last i daw 70 million went to politicians with one week before bankruptcy. can the public even feel good that there will be a legitimate hearing that sam bankman fried will face legitimate consequences for this? >> well, there are major concerns, you know, people are wondering why he's still walking around free in the bahamas right now. when is the government going to act and even scheduled to speak at a new york times deal book conference in in next week or so. charles: yeah. >> alongside some of the most prestigious people in the
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world, by aaron sorkin. charles: i've got to go. it's mind-boggling. i'm glad you're staying the course, we need someone like you in this sphere. folks at home appreciate you for watching us today and catch me on the show i just referenced, making money with charles payne and i put it out there for you and try my best to help you every day. keep it here for the rest of the day. fox news live is coming up. but at the end of the day, you know you have a team behind you that can help you. not having to worry about the future makes it possible to make the present as best as it can be for everybody.
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the best surprises are found where you least expect them. at a price that you won't believe. where? lowe's, actually. black friday is here! get our best deals on everything for the season while you can. # >> a bitter back and forth playing out between homeland security secretary alejandro mayorkas and the g.o.p. as the beleaguered chief faces calls to step down or face investigations once the republican party takes cell of the house. welcome to fox news live. i'm griff jenkins. hello, molly. >> they're bracing for the end of title 42, the trump era public health order fo

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