tv Face the Nation CBS October 24, 2022 3:00am-3:30am PDT
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♪ welcome back to "face the nation." we continue our conversation now with chris krebs and kara swisher. kara, i want to pick up with you. we've been talking about social media. twitter may find a new buyer, billionaire elon musk. >> friday. >> friday is the day, i believe. >> supposedly. >> senator mark warner has said there is no american more dependent among the largese of the communist party than elon musk. bloomberg saying that the administration's going to have to do national security reviews
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potentially of businesses he owns. >> sure. >> so, how much of a risk is it if this transaction goes through? >> it depends on what they find, i guess. i think the issue -- he already does a lot of defense work. a lot with the rockets and everything else. and it's considered very innovative and has done amazing things. the international space station is -- depends on elon musk and his rockets. and so he does a lot of -- obviously, with transportation, that's another area that's important to look at and who owns it. and twitter also. this is a big communications platform, even though it's a terrible business, so who owns it matters. so, who are his investors? who's putting money into it, et cetera, et cetera, should be looked at as a matter of course. >> it's almost amazing, chris, there isn't more skut any. i mean, there is fcc scrutiny of ownership of news organizations. when it comes to social media and a company like tiktok, it's owned by a chinese firm. an increasing number of
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americans are depending on it for news. is this a risk? >> i think just to your point, as more people use these platforms, as they get more information, as they're shifting away from traditional media we're all used to, the intelligence services of our adversary are seeing the shift as well. it's not necessarily specifically about tiktok. it's all platforms. and it's all avenues. but tiktok represents a specific risk. a colleague of mine wrote a paper for cyber scoop talking about how it's not necessarily the data security challenges, it's that the chinese communist party may have the ability through the parent company of tiktok to suppress narratives, shift, lift, what we see on a daily basis. it doesn't have to be everything you see all the time, it can just be enough. just a little bit. and i think about what happens if -- if the chinese invade
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taiwan, what happens in the runup to the '24 election if they're not happy with some of the more -- the stronger stance that this administration is taking with china? there's significant amount of risk exposure we have here. >> and who owns twitter? who are his investors? i think that's normal for a government to ask. >> for elon musk, i know you know him. last question on this. russia watcher fiona hill said putin plays the egos of big men, gives them a sense they can play a role, but in reality they're just direct transmitters of messages from vladimir putin. very just gutted elon musk when he was pushing pro-russia positions. is it really that? are adversaries use business icons to further their foreign policy? >> why, yes, that's happened before. i don't know if you've heard about president donald trump. people have talked about that. , yeah i think e is doing this on his own, but he's -- you
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know, he's -- he's -- a lot of people in silicon valley are mouthing the same thing. there's a certain class of tech into this idea. >> you still think this transition -- >> they have no foreign policy experience so they have no business doing this, but this is not stopping them. there are excerpts on everything, in case -- they're the richest people on the world, in case you didn't know. i think it's slightly dangerous, what about you, chris? >> a little bit. >> i want to keep talking about this, but we have to take a break and bring important information to you from voters themselves, actually. we wanted to better understand how americans could impact the vote in the year's elections. our cbs news campaign 2022 -- sorry, it's moving quickly, eye in america is tracking four groups of what we are call election influencers. on friday we spoke to some pressured parents. these are voters who describe themselves as feeling post-pandemic stress over finances and kids. >> i feel like biden is doing a
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pretty good job, but my concern is like the crime. i want to know who -- what exactly will they do about this? it's out of control in chicago. >> what about in arkansas and texas? >> i live more in the suburbs, so it's not as prevalent in my neighborhood. but it's still something that's concerning. >> not so much. greg abbott, our governor, does a great job. and the only thing, you know, that we've been having trouble with is, you know, the border. >> so, immigration is a concern for you in these upcoming elections? >> we just left a pandemic. when you have thousands upon thousands every day crossing over, they don't have to get tested. we don't know what they're bringing in. >> some of those pandemic-era restrictions are still in place along the border. what do you need to see that would change your impression of immigration in this country?
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>> i really like how desantis and abbott have been taking them and shipping them out to bluer states so they can recognize the problems that we've been having in texas and in arizona. you know, we -- greg abbott needs to have a lot more control over the border itself. >> but you will still vote republican? >> yes. i would still support greg abbott because his -- he's running up against beto, and, you know, he -- he's all about the open border. >> a show of hands, will all of you accept the election results from these midterm races in 2022? yes? all of you trust the elections and the systems to run them? how would all of you describe the current state of the u.s.
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economy? >> i would say scary. >> scary. >> yes. >> how would you describe it? >> i would say it's unstable because it's just so much going on. >> john, in one word, how would you describe the u.s. economy? >> horrible. >> horrible. >> in regards to -- with inflation. i watched last week a bag of six-ounce broccoli go from $1.99 to this week being $2.49. >> i can see a show of hands. is anyone driving less because of the cost of gasoline? so you're still filling up your gas tank and still driving, despite prices climbing higher. >> just to go to work. i drive 11 hours to go to work. >> wow. >> i live in east texas, work in new mexico. so, i have to buy it regardless. >> have high prices changed the way you live your life? >> i still have to do whatever i
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need to do to get around, but i don't know, what can you do? you just have to adjust. it's not just heating, cost of living, electricity, everything is just -- it's just really hard. >> john and stephanie, have you had to make changes in your life because of inflation? >> yes. >> what have you done? >> we have cut back on going out to eat, kind of eliminated amazon prime, netflix, limiting that kind of stuff. i have looked for ways to budget better with groceries. >> do you think president biden has control over greater influence over the economy? >> i don't think it's just as much congress and also state and local as it is biden. i won't think it's just one person. >> what are your biggest concerns about raising children in america right now? john? >> the whole woke culture affecting our children. all these elementary schools and
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middle schools having woke culture pushed on them from the lgbt plus community for sexual identity and gender. we should be pushing the actual school studies, math, social studies, science. not, you know, gender studies or sexual identification. >> what have you seen that makes you concerned? >> in the district that i live in, there hasn't been really anything going on, but i'm originally from iowa. and just recently there was some protests at an iowa school for bringing in a transgender art show. >> so you're not concerned about your kids in texas. you're seeing this on the news, that's what's raising your concern? >> yes.
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>> lashawn, i would like for you to weigh in on this. >> i agree with some of his points. i say sex education, i feel like some things are brought to the children's attention, they wouldn't even think about. >> and you have eight kids. i imagine you have some pretty specific ideas in your mind when you're speaking about this? >> yes, i do. yes. >> children aren't -- you know, they're really influenced. you can teach them one thing at home, but when they go to school, they're just as much influenced by their teachers and their surroundings. we should have more input, the parents, of what we want them to learn. >> stephanie, what's your biggest concern? if you want to react to any of that, go ahead. >> i agree. the other issue has to do with covid. there's less teachers in the school district, and because of that, they have student choice
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school days. so, the students can choose whether or not they want to go to school that day because there's not enough teachers or bus drivers to get them there. and so i worry about their education. >> when you said your top issue was crime, what did you have in mind? >> robberies and, you know, murders, you know, stabbings. it's like every time you turn on the news, somebody killed their baby. you know, they're losing their mind. it's like people everywhere doing everything. it's like they're out of control. nobody's stopping them. >> john talked about how concerned he was about the border in his state of texas. and migrants coming into the country. >> i mean, there's nothing wrong with helping, but we have more problems here in our country. i feel like there's so much focus on helping immigrants, and it's not enough focus on the people here that might need assistance. >> do you blame your mayor and your governor for that or do you blame washington for that? >> it's everybody.
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everyone. washington, the mayor, i mean, it's like they help who they want. certain people, certain groups of people, they'll help them. and neglect someone else. >> often when we do these focus groups, we have people from different party affiliations disagreeing with each other, but i'm hearing you echo a lot of the same concers and agreeing with each other. none of you are optimistic about the country right now. >> no. >> we'll be right back. no, he's seizing the moment with merrill. moving his money into his investment account in real time and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪
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personalized financial advice from ameriprise can do more than help you reach your goals. wow... we can make this work. it can help you reach them with confidence. no wonder more than 9 out of 10 of our clients are likely to recommend us. ameriprise financial. advice worth talking about. for a closer look on the additional release from strategic petroleum and the impact, we are joined by amos hochstein. good morning. good to have you back here. president biden has released more oil from the spr than all previous presidents combined. republicans are saying this is depleting the stockpile and national security risk. when you were last here, you said this would end towards the end of the year.
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did you know then that three weeks before the election there was going to be a release? >> well, first, it's good to be here. thank you for having me again. the president before i came here last time, the president was in the middle of releasing 180 million barrels. this is part of that 180 million barrels. the announcement that was made the other day is because it takes some time to get those barrels released. these barrels will be released in december. the president has been committed to bringing down gasoline prices. you mentioned when i was here last, we mentioned prices were coming down from $4 and we were at $4.35. today we're at $3.89. most americans see prices around $3.40 to $3.50. he's been committed to bringing those prices down. this release is just part of that process. >> and he says he may do more, but when we last spoke, you said private industry was expected to pick it up so you wouldn't have to keep doing these emergency releases. why isn't that working?
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>> well, i think it is working. the private industry is increasing -- >> then why would he have to do more release -- >> the president said we'll be watchful to see what happens around the world. there are a lot of geopolitical events. i don't know what putin is going to do in december or january. the president said we're going to complete the 180 he announced many months ago, as he's been doing monthly. that will continue on into december. and then as we are making sure that we are prepared, so if we need to do additional releases, we can do them very, very quickly. >> there's going to be a european ban on russian crude imports on december 5th. that's going to have an impact globally. how much of a shock is that going to have on energy prices ahead of the holidays? >> i think that's exactly what we're talking about. the president made this release -- announced this release that will happen in december, around the time the ban comes in. we're working with europe and other g7 partners around the world, countries in asia to see
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if we can make sure we continue to have the russian barrels on the market but ensure that the price and the revenues that russia gets continue to be depressed. >> this is the price cap? >> correct. >> so that price cap, though, and the negotiations around this has raised speculation that that was one of the factors in saudi arabia's decision to pull 2 million barrels a day off the market. the president has said he's furious that he's going to retaliate against saudi arabia. is that what happened here? >> well, look, clearly the president said it better than i can, that he was extremely disappointed in the opec decision and that he thought it was a mistake. clearly, nobody can argue that it was warranted for any economic reason. >> that's what opec says. >> i understand. but nobody else thinks it was warranted. even opec when they announce 2 million and say we're not going to cut 2 million, we're just going to cut 900. then you look deeper and it's really just about 500. the impact on the market is not
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going to be as significant. so, this was more of a big an we're --tatement that opec >> how so? >> at the end of the day, the president was disappointed in what opec did, but his commitment is to do things in the united states, where we can have an impact on the american economy, bringing down prices as they have. look, think about it twh i was e were $120 a barrel of oil and $5 of gasoline. today we're at $85. >> and bank of america said today they expect an average of $100 a barrel next year. that came out this morning. >> but in june goldman sachs expected the last quarter of this year to be $140, prices to rise to $140. banks keep saying the prices is going up. the president keeps taking decisive actions -- >> but these are short-term fixes. >> these are not short-term fixes, margaret. we've been in this eight, nine months. this is almost a year of higher prices and the president has taken these actions. i don't think these are
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short-term. i understand that the banks make their own analysis. but they've -- they haven't been accurate over the time and what is really what you can measure is that we're down 30% on oil prices. and we're down over $1.20 in the united states on gasoline. and, in fact, we're now almost every single week for the last several months, we've seen a decline in gasoline prices in the united states. so, we're working with allies. we're trying to strengthen the american economy while also making sure our allies' economies are strong as well. >> before i let you go, real quick, are you going to be able to close this deal between es ral and lebanon that would allow for drilling off their coast? >> i think this is a really great development, historic agreement between two enemy countries, lebanon doesn't even recognize the state of israel. we'll have a deal, hopefully sign it this thursday. i hope this continues to commitment -- our commitment to stability in the region and prosperity for both countries. >> good to have you here. hope to have you back again
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exalt you. hi, i'm joel osteen. i'm excited about being with you every week. i hope you'll tune in. you'll be inspired, you'll be encouraged. i'm looking forward to seeing you right here. you are fully loaded and completely equipped for the race that's been designed for you. we turn now to the war in
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ukraine. first up, holly williams reports from kyiv. >> reporter: in the russian-occupied city of kherson in southern ukraine, the authorities installed by ha now ordered all residents to leave ahead of an expected ukra russians in the early days of the invasion. now ukraine claims that russia's planning to blow up a hydroelectric dam in the region to slow the ukrainian military's advance and has already laid mines, risking a catastrophic flood. ukraine's energy minister and told us if the russians destroy the dam, it could even leave a nuclear power plant without water for cooling. if the russians blow the dam, one potential consequence is a nuclear accident. >> it could be. it could be. >> reporter: as russian forces struggle to hold onto territory they've seized, they've launched a new wave of attacks on
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ukraine's cities, including with so-called kamikaze drones. the u.s. says iran is supplying drones and even has troops on the ground, helping the russians operate them. ukraine says the main target, with over 300 strikes, is energy facilities. as a harsh winter looms, there have already been blackouts in some parts of the countr whathe srio here? t winter with no heating electricity? >> i think not, but frankly speaking, it also depends on how intensive these attacks would be in the future. >> reporter: ukraine says what it's still asking for is more air defense systems from its friends in the west. ukraine says russian strikes on saturday cut off power to more than 1.4 million households. margaret? >> holly, thank you.
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there are currently 100,000 u.. troops supporting nato allies in european countries that surround ukraine. our charlie d'agata spent time with some in romania. >> reporter: the screaming eagles have landed. the 101st airborne division doug deployed on the very edge of nato territory. we board blackhawk helicopters and head toward the border with ukraine. specifically trained to hit the ground fighting when the cl came, the colonel said his soldiers were ready. >> you know, you could see it on their face, all that stuff we talked about about being ready, training hard and not leaving anything on the table, they had a chance to put it into use and they're doing that same stuff here today. >> it just got real. >> it did. >> reporter: we traverse the black sea coast across the water from russian-held territory in ukraine, and crimea. until we reach the forward operating site.
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where soon u.s. and romanian nato forces were conducting a joint air and ground assault. live fire tank and artillery rounds took aim at targets, simulating the battlefields of ukraine. this isn't a routine military exercise against a hypothetical enemy. this is a real-life combat scenario against a very real enemy, one that's not so far away. >> we're about 250 miles from the front line of. russian troops. and the way we are dispersed right now, we're ready to transition from our current locations where we're currently at to combat operations on order. >> reporter: it's the first time the 101st has been headquartered in europe since the d-day landings, seen here with then general dwight eisenhower. prepared to defend european allies again if called upon to fight. now almost 80 years later, the
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101st is back. >> go, go, go! >> reporter: making a mark in history once more. those military exercises come at a time when broader nato nuclear exercises are under way, now entering the second week. they involve 60 aircraft from 14 countries, including u.s. b-52 bombers. they were scheduled long before the war in ukraine began. margaret? >> charlie d'agata, thank you. we'll be right back.
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york. >> announcer: this is the "thbs overnight news." we begin tonight with the fast-approaching midterm elections. both parties are pressing hard to show why they deserve your vote. democrats focused on their legislative accomplishments, republicans on the economy and crime. at stake, both houses of congress. voters are already being cast -- or votes, rather, are already being cast in many states across the country in person and by mail. cbs's christina ruffini leads us off tonight from the white house. christina, good evening. >> reporter: good evening, jericka. well, after a quiet weekend at home in delaware president biden will head to pennsylvania this week and f
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