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tv   [untitled]    October 19, 2024 7:30am-8:01am PDT

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want to take out our guys, we can take you your guys, including you, mr. prime minister, but what do you think of where this is going next? >> i actually think the killing of sinwar creates an opening. there are four main if objectives. one is nasrallah and what happened with hezbollah in lebanon. so the elimination of nasrallah and the stunning decapitation of so much of hezbollah, now he's killed sinwar. he needs to get the hostages back, and he needs to attack iran. and he needs to disable their nuclear facilities. and so i think those two actions are what israel will focus on next. neil: all right. now, we have it from benjamin netanyahu that he doesn't want to target the nuclear facilities, that he's not interested in going after oil facilities. now, he could be head faking folks, but what do you think of that? >> i mean, i think at the end of the day he has some similarities to president trump which is president trump says various
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things, but he's also a phenomenal negotiator. and at the end of the day, you don't go on the news and el the everybody what you're going to do -- tell everybody what your -- you're going to do all the time. there is no question in my mind that sometime in the near term there will be an israeli attack on iran. now, what would be wonderful is if the united states would join because now is the time, together, we could take out the nuclear threat from iran forever. combined. neil: now, if israel doesn't do that, you're quite right, if you read the israeli press, the jerusalem post and even some of the left-leaning papers there, that would, might be a risk, a step too far. you're saying this might be the only moment really to do something like that. and it would be an opportunity lost if israel does not? whether absolutely. i think at the end of the that day, neil, what is a step too far, what will happen, i don't know what will happen because it would be such a favor for all of
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our arab allies around the region, for the world to take out iran as a nuclear threat. everybody wants that. and they may not publicly say it, but to be clear, russia and china want that. everybody wants that. and so it would be a favor for the world. and i'm not sure what too far means. neil: no, it's a very good point. and there is something deafening about the silence from some of the other arab nations, saudi arabia, the uae, that are largely, you know, staying out of this whole conflict. they're not, you know, blasting israel. that in and of itself is telling. i think you've reminded others in the past, myself included, that the contempt that these countries have for iran is more extreme than israel. what do you make of that? >> look, during the trump administration i think one of the smartest things that he did, that jared did, that our negotiating team was to not focus on solving any side issues that weren't possible to be
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solved. to be clear, the palestinian issue cannot be solved until you have a leader there that can take accountability where you have a counterparty. but what we could solve was we could unite the region against a common enemy, and that's iran. and i think what you see in the abraham accords, people asked, oh, based on this, are they going away in they're been stronger than ever. so the setup is really great. you get a lot of support, and i think in a few weeks after the election with what i think is going to happen with president trump, i think you're going to see real movement. neil: we'll watch it very closely. adam, great to have you. adam bowler, the the architect behind the abraham accords, key negotiator in the those talks. in the meantime, what we're learning about after began national who somehow was allowed to come in here, but we're dotting the the is, crossing the ts on the little details that we missed including his plan to wreak havoc in a terrorist attack on election day. after this.
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healthcare. neil: would have with, should have, could have. we are learning more about that afghan national who found his way here, that he might have been plotting to to launch a terror attack the or be among those who could have launched a terror attack on election day 17 days away. it never happened, we caught him, but we don't know much more than that. we're trying to learn. griff jenkins has more from
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washington. griff. >> reporter: hey, neil, good morning. and we did catch him, but this is scary stuff. now 27-year-old nassir wanted to kill as many people on election day. fortunately, he is behind bars this morning in oklahoma. but a group of republican senators led by lindsey graham are demanding to know more, writing a letter to secretary my wore mayorkas saying this: we remain troubled by the increasing likelihood that foreign extremists may exploit the weaknesses of our immigration system or southern border to comet an act of political violent or act of terror on u.s. soil. officials say he was vetted three times, first to to work for the cia as a security guard in afghanistan, second for a humanitarian parole to enter the u.s., and a third time, neil, in 2023 to extend that parole. dhs secretary mayorkas is standing by the recurring vetting process. >> when we vet and we do so
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intensively, when we vet an individual, it's a point in time screening and vetting process. if we obtain the information subsequently that suggests the individual could be of danger, we take appropriate law enforcement action. s that is exactly what we did in this case. >> reporter: and this is a key part, officials also say he was radicalized two years after coming to the u.s. and apprehended after new information came to light. although, neil, or it's unclear exactly what identified him as a threat, and there are new questions over whether he was part of a larger global terror plot after a relative of his was arrested for plotting a similar attack in france. neil? neil: incredible. hang for that, griff. great reporting, as usual. congressman jim hines, connecticut democrat and a ranking member on the house intelligence committee, kind enough to join us. congressman, i guess that's the question, right? i mean, when and how he became radicalized if that was the case, that would assume a network here of people to radicalize him.
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>> well, neil, that is the question, you know? and, no, it doesn't necessarily assume a network, you know? there are examples, sadly, of self-radicalization, of individuals who spend a lot of time online who sometimes make contact with people abroad. you'll remember the case of anwar al-awlaki, an individual that president obama at the time ordered attacked and ultimately killed because he was spending a lot of time trying to radicalize people around the world. so, you know, in this particular case, obviously, there will be a deep dive to figure out what happened as there must be. but sadly, in this world of social media, you don't actually need a local cell to get somebody in the frame of mind to do violence. neil: yeah. those are all very good points, congressman. could i get your take on whether in this planned attack was going to be coordinated with anyone? >> well, it's a little early the say. obviously, this is a story that
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just broke. you know, it is a tribute to the good work done by the men and women of the fbi and of the intelligence community that this attack was sop sop the -- stopped. concern was stopped. we don't know the answer to that question, but i can tell you as ranking member of the intelligence committee, the broader a plot are if extends, the more likely either the fbi or our intelligence community is to see it, to see it, you know? if an individual who wants to commit violence is talking to lots of people abroad, there's a reasonably good chance that we're going to get word. and if so as a consequence of that, of course, if somebody is acting as what we call a lone wolf with, that is to say they're just bent on doing violence, they're self-radicalized and they haven't told people about it, that's a real danger because they may not be communicating with anybody. neil: can i ask you, and you might be familiar with this drone attack on the residence of benjamin net an ya knew. it didn't do damage, but it's
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pretty close when it's his home. what did you make of that and and how it's all progressing. >> yeah. yeah. i mean, first of all, strange new world. we've sort of all been introduced to drones over a period of years, you know? they've revolutionized warfare in the ukraine theater where, you know, drones, $1,000 drones are taking out enormously valuable and expensive tanks and that sort of thing. and they obviously pose a threat. we see it in places like washington where there's a lot of sensitive areas, the white house, the capitol, etc., or where, you know, an individual without spending a lot of money can fly a drone over a sensitive area. one of the things the government is doing is thinking about ways, you know, using the control frequencies for these drones, other -- in some cases even low-tech mechanisms to try to counter this threat because, yeah, i think, you know, or 15 years ago i'm not sure anybody would have said, yeah, drones are a significant threat to the leader of a country but obviously they are.
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neil: i hear you on that. congressman, i just want to get your thoughts as a ranking member on this crucial intelligence committee that the israelis aren't entirely sharing all intelligence with the white house. we're told in reports in the jewish press and what have you that there's a lack of trust there. so it's not that they, on responding to missile attacks don't consult with washington, or this is just me sur surmising that, but not sharing attacks on key terror personnel or maybe it could extend to this response to the iranian missile attack. does that concern you? >> well, neil, based on my experience, i think i've got a pretty good sense for the kind of partnership that we have with the israelis. i can't talk about a lot of it, obviously, but they're an importanting a lie. we have -- ally. we have stood with them from the president on down in securing their security and if defending themselves after the brutal takes of october 7th of last year. i don't think there's distrust
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at the tactical level, you know? i actually think that our intelligence services, our military, we've got people over there are working very, very closely together. again, in some ways that i'm not at liberty to speak about on television, but of course there's tension between the president and the president of us -- the prime minister of israel. the president has been clear he would like the prime minister to conduct operations in gaza with more care for the humanitarian situation and making sure that food and medicine can get in. so there's absolutely been, i think, some tension there. but as far as i know, and i know a lot about it, think the actual cooperation9 with the israelis the is pretty solid. neil: the israelis have responded, congressman, saying, well, had we listened to your advice in not going after certain regions, sinwar would be alive, some of these other, you know, bad guys would be alive and well and still plotting. you say -- >> yeah, i don't, neil, i don't think those sorts of hypotheticals are useful, you know? i can tell you as an elected official that the president has
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taken immense amount of gulf from people who are -- guff from people who are concerned about the humanitarian situation in gaza. there's a balance there. obviously, we're going to stand with israel, but we don't want to see more civilians, you know, children, etc., caught up in this thing. so, you know, i'm not sure those hypotheticals are useful, particularly targeted at the united states which has stood with israel throughout the conflict. neil: congressman, always good seeing you. thank you for coming in on a saturday. be well, be safe. >> thank you, neil. neil all right. in the meantime here, updating you on, well, the recovery efforts in two key states. of course, north carolina and florida, after back to back hurricanes. here's the problem though, they're running out of money. here's the compounding problem, in washington they can't agree on how to get that money. vet t. absolutely. at newday usa, that's what we're doing. we put our arm around the veterans. when i think of the veteran out there that needs to refi his home, he may want to purchase and we can help them and provide
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neil: all right, post-hurricane recovery on money running out
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and fast. hillary vaughn with more on capitol hill. hillary. >> reporter: neil, well, the small business administration says they've run out of money for their disaster assistance loans that are available to small businesses but also homeowners and renters. so far they have received 37,000 loan applications for those impacted by hurricane helene. they've also received 12,000 applications from these affected by hurricane milton. but the money has dried up so fast the sba was able to approve only 700 loan offers totaling $48 million. everyone else is going to have to wait, they say, until congress gets back and give them more money. president biden saying, quote, the small business administration's disaster loan program, which is a critical lifeline to small businesses, homeowners and renters affected by disasters, has been exhausted. speaker johnson has promised that this and other disaster programs will be replenished when congress returns. biden encouraging people to still apply for relief and that
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the sba a will be able to process applications and will disburse loans as soon as they get more money. speaker johnson says there's strong bipartisan support to provide necessary funding when congress returns. in the meantime, they say fema has plenty of cash to address the immediate needs on the ground. speaker mike johnson saying, quote, there's no question these devastating back to back storms have stretched the sba funding program, but the biden-harris administration has the necessary disaster funding right now to address the immediate needs. when members return in just a few short weeks, the administration should have an accurate assessment of the actual dollar amount needed, and there will be strong bipartisan support to provide the necessary funding. neil, congress did set aside an additional $20 the billion in disaster relief before they left town. they say that that will keep relief efforts running at pull steam until they return. neil? -- full seem. neil: hillary vaughn, thank you finish for that.
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neil: to the end, market analysts are steadfastly refusing to mention the word crash. instead, a correction that the still has to work with itself out. but what they don't know and, in fact, readily worry about, is how far that correction has to go, how long it will take and exactly how many more people will be hurt in the process before the market does decide, if it decides, to turn around. neil: you know what's amazing, every time i look back at that, the markets did come back from that crash and, secondly, only one week later puberty kicked
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in, and my voice got much deeper. [laughter] that was then, could it happen again? if on this day 37 years ago the dow lost a quarter of its value. that would be the equivalent of the dow giving up 11,000 points today. we have all sorts of safeguards built in to see that doesn't happen, but as we see in this chart here, consistently happen. kenny polcari, a lot younger than that, count even remember the day -- [laughter] but anyway, he's kind enough to to join us. what is the significance of market crashes, kenny? what do we learn are from them? >> we learn a lot, and i was there on that day. i was 26 years old when that day happened, and i was a brand new father and a member of the new york stock exchange. it was amazing. even to watch it, i get the chills down my spine. it was amazing, right? what we learn from that is that the market does rebound, right? events like that cause, certainly, chaos and conflict and angst, but over the long term, as you can see on the chart that you showed, the
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markets corebound. so i think that's really the message. and today we've got all kinds of safeguards so that would not happen the way it happened in 1987, which doesn't mean we couldn't see the market a back up, we could, just not the way it happened then. neil: you know, the one thing that's interesting to note back on that day, we finished at 1,738 for the dow, we're now north of about 41,000. if you annualize it out, it's about an 11% per-year gain for the markets through those roughly 37 years. it took two years to recover from that particular crash. what do you think now of the volatility? what do you tell people in dealing with this? system of whom are thinking i love this market rubup, we're something -- runup, but i'm getting nervous. what do you tell them? >> here's the difference, because there's a big difference. the the volatility then was controllable because of the human beings involved. the volatility today as we saw, like on august 5 ath, is much different because it's all run by computers. so the volatility can be
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swifter, which it always is, and it can feel more painful. but what i tell clients as we're talking about, you know, as a wealth manager is if you've got a well-diverse or find, well-balanced portfolio, that that, you know, riding these waves, while they're uncomfortable, you can ride theaway and take advantage, actually, of some of the displacement we get when we get real volatility like that in the great names. neil: well said. kenny, thank you so much. i didn't know you were so young, but you are young. [laughter] kenny polcari -- >> listen, you looked pretty good in that picture, by the way. i've got to tell you, i'm right behind you. neil: the same bad toupee. kenny did write this, very profound here, the markets are always a victory of time over worry and profit over panic consistently. more after this.
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