p thesi p t's j jnt the m thedl clas that' tshas ie bennn focused on here at the department of labor. david: we really appreciate you coming in today best of luck to you, sir, we appreciate it. >> thank you. david: secretary of labor marty walsh, lauren want to bring you in you're looking at movers. lauren: zillow is up 5% jefferies is weighing in, saying buy the dip shares dropped so sharply since zillow announced a wind-down of their housing inventory, the zillow offers program, they shed their excess baggage to refocus on the core and they're giving them $115 price target so it's a nice bump from here. david: and then dede. lauren: down pretty sharply it bounced around now down 14% in fact. it has withdrawn from the new york stock exchange and will list immediately in hong kong. that's considered vending to chinese regulators. at first investors thought it was a good thing but now not so much, but the chinese ride hailing company they went public in june so they have been a u.s. company for such a short period of time, and halved their value. grab might be a stock to watch today because that gets you caltech in southeast asia as opposed to china. david: and bi. ntech? lauren: the ceo says they can tweak their vaccine pretty fast if they need to because of the latest variant and the world health organization says omicron detected now in 38 countries. david: oh, wow. thank y, tammy bruce who was caught in the middle of us talking here during this whole conversation. >> i'm laughing, like confused sometimes what the secretary was saying and i was demonstrating your very very i love that interview though it was good stuff. david: you're very calm to stay here during the whole thing. i'm expecting you to jump in. all right thank you both. >> thank you. david: now, this. omicron has been detected in at least five states now, including here in new york, officials are saying not to panic, but to stay cautious, we've got a doctor on the case, coming right up. and did you hear this , president biden jokes that he isn't in charge at the white house, roll tape. >> i've seen more, [laughter] of dr. fauci than i have my wife , we kid each other, but look, whose president? fauci. david: yeah, some critics say that's not a joke. it's a nightmare. a new poll showing at least half of all americans say inflation is causing the hardship, but the president keeps insisting we're in good economic shape, brad blakeman takes that on, coming next. >> ♪ ok, let's talk about those changes to your financial plan. bill, mary? hey... it's our former broker carl. carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! 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brad blakeman is here with me now and i say the white house has it exactly backwards, that is the more open, the reason 2021 is looking better than 202e lockdowns, so granted we have vaccine mandates and other problems, but the degree to which the economy is open as a result of opening the economy itself. opening the country itself. >> correct, i mean this was pent-up demand, people are going back to work, kids are going back-to-school but to think that you can lock everything down and that's going to help the economy , it's quite the opposite. how out of touch can these people be that imprisoning people at home, getting students out of school, is somehow a help to the economy? why? so government can spend more money, we don't have on things we don't need? no. david: and the degree to which we have labor shortages, vaccine mandates by the way and other things or the degree to which we have inflation is because we have more government, more government regulations, in the energy industry for example, , more government spending in terms of causing inflation. again, it just seems like they have it completely backwards. >> it's a vicious cycle. when they don't have us back at work, then they have vaccine mandates to keep us home. this is crazy, it doesn't work, and as you properly noted it's quite the opposite when people finally got out of their homes and kids got back-to-school people got back to normal and when you get out of the beltway and urban areas and actually to america -- david: i'm glad you get out of the beltway, you're here in new york. one great thing about america is we are a republic, we have states that are largely on their own to decide what policies they want. those red states generally speaking, the red states, the republican states have done much better, those states that didn't have the lockdowns, or if they did were very short- lived, that haven't had all the mandates. they have done economically much better, their unemployment rates are down. the unemployment rate in new york city, which has, it's a very blue city, it's a blue city within a blue state, we have an unemployment rate of over 10% in new york city now. so we are seeing by the petri dishes of the experiments taking place in the states what works and what doesn't. >> no question about it and just look at the urban areas controlled by democrats. look at the plight not only in unemployment but look at the crimes that are being committed. look at the fact that they are defunding the police, and then you go to the red states, we're going to, red states and republicans understand, you mitigate a crisis. you don't shutdown an economy, you don't shutdown a population. you do the best you can. viruses, like other natural disasters, tend to run their course, so you do the best you can at trying to minimize the effect but do you think that we are more powerful than human nature? david: let's move to inflation, which is the number one issue, bothering americans. we've got a gallup poll i think we can put up there nearly half of u.s. households say inflation is causing them some degree of financial hardship, 10% describe the hardship as actually threatening their current standard of living. that's gotta hurt them in 2022 the democrats. >> look it's hurting every american. i went to the pump the other day and i was watching people fill their tanks, this is in arizona. the average cost in arizona is about 3.75 for unleaded regular, and over $4 for premium. i was watching people filling up 10, 15, $20 max. nobody is topping off their tank why? because when they go to the market, eggs, butter, milk, bread, through the roof. sizes of portions getting smaller so this is a republican democrat issue, this is an issue that is facing every american. it's a plague. it's a tax on every american. david: and another gallup poll by the way showed number of voters who describe themselves as independents has grown to 44% , it was a couple of months ago it was 41%, it's now 44% and the independents, you can not win an election without the independents. 44% i think democrats are 26%, republicans are 26%, it's precisely that group, from which the democrats have lost most of their support. >> absolutely and you're not going to win elections without independents, and the fact is, the parties have to work much harder to get people to identify with a party today, so if you're going to win an election, women and independents, the key. david: brad blakeman, good to see you. take a look at basketball star enes kanter freedom just debuted his new name after becoming an american citizen, he called it the greatest moment of his life and he's going to be joining us coming up in a moment president biden thinks it's our responsibility to solve the covid crisis around the world. roll tape. >> to beat this pandemic we need to go to where it came from and the rest of the world. we also need to vaccinate the rest of the world. david: should vaccinating the entire planet be the president's priority? 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no obligation, so call the number on your screen right now to see if your doctor is in our network, to find out if you can save on your prescriptions, and to get our free decision guide. humana, a more human way to healthcare. david: let's get a check on the markets the dow recovered a little bit, but the nasdaq is still down 1.25%, so, again, we should mention we opened all of the indices were in the green, when we opened today, and they stayed that way for about 45 minutes or so, and then they began to turn south. this may have something to do with it, the feds jim bullard is by the way going to become a voting member of the fed on january 1. he says, "we should end the tapering by march." now he also said the fed could actually look at raising rates before they finish tapering, so that might have had something to do with the markets going south. lauren, you're looking at some of the movers start with trip .com. lauren: this is a chinese travel company down 10%, there's fears that it too, like alibaba and some other chinese names will be delisted because of the dede news and some are saying this is cheap for the stock because travel always recovers but i'm not so sure if you're a chinese company david: macy's? lauren: they are figuring out how to make their e-commerce business standalone without los ing customers who buy online but then go to the store to do the return that's convenience for a lot of people and they recently asked a consultant to review their business because they were urged and said you'll be more valuable if you separate your e-commerce unit. david: nucore. steel. lauren: steel maker, 20% increase to its dividend and announced a $4 billion share re purchase program stock is up 4 1/3%. david: the omicron variant has been detected in five states, california, hawaii, colorado, minnesota and here in new york but officials still saying it's not time to panic. former fda commissioner scott gottlieb tweeted out, it looks very sensible to me, "we are in markedly different position as omicron emerges, unclear if it's u.s. threat but if it spreads we have deeper immunity, oral drugs highly effective, antibody therapeutics, widespread rapid testing, they're all there. massive sequencing, this is not spring of 2020 we have very solid footing." let's bring in dr. matt mccarthy so doctor, is gottlieb right? >> well, he is right. we're not in march of 2020, but there are a number of question marks that we're still dealing with here, it's great that we have prior immunity, but the thing we're seeing with this omicron variant is that it looks like it's able to evade some of that prior immunity. it looks like it's able to re infect people more easily and if that's the case, that's going to call into question some of this prior immunity, call into question some of the monoclonal antibodies that we're working with that's not to be alarming here. that's just to say we don't know a whole lot about the variant it looks like it emerged around october 1 and it's starting to really present itself in southern africa, around decembet weeks to really emerge as a problem and now, it's just starting to pop-up in the united states, so we may have several more weeks, several more months, frankly, before we know the full extent of what this new variant brings to us. i'm optimistic as is the former fda commissioner that we are in solid footing. we've got excellent sequencing, we've got excellent therapeutics , we've got a lot of stuff that we didn't have the first time around, but there's still a number of unknowns here. david: shouldn't we find out pretty soon, doctor, forgive me, shouldn't we find out pretty soon how effective the therapeutics that particularly these new therapeutics from pfizer and others will be in terms of combating folks who have omicron >> oh, yeah. we're also going to figure out how well our vaccines work. what i'm expecting to see next week, or the week after, is that the major vaccine makers are going to release data showing that this omicron variant can evade vaccine- induced antibodies and that's going to scare people but it's not going to scare doctors, it's not going to scare the scientists who know the antibodies are just one component of the immune response to these vaccines, and that i'm confident we're going to have some meaningful protection from this variant with the existing vaccines that we have, so i think there's going to be more unfolding, some of it is going to be probably taken out of context as a way to manipulate behavior, but overall, very confident that we have the tools in place both to fully characterize this and to come up with a safe plan for people. not out of the woods yet but we're getting there. david: might we also do research in terms of finding out about natural immunity and how good that is in fighting it, that is from people who have been affected before? >> absolutely, and you know, that's the research that's appearing coming out of south africa right now and i'll tell you, of all the stuff i've seen about this variant, this is the most troubling. it's that this variant can re infect people more easily, people who think they have natural immunity, so this is a chance where i just want to remind people that going out and vaccinating yourself is the best thing you can do for your health i know a lot of people who say i've already been infected i'm good and what we're starting to find from the science is maybe you're not fully protected and we want to give people the right information here, and the thing with this variant is that it looks like it can evade the induced immunity from prior infections, so more to come on that but that's sort of the early leading edge story right now is that it can evade natural immunity. david: well it's sort of repeating what you said but it's important to mention, the world health organization says the variant has been detected now in 38 countries. early data suggesting it is more contagious than delta, but again , it's a question of whether it's more harmful than delta. >> yeah, we don't really know yet. some of the early reports were that it was more mild disease. i think we're all crossing our fingers that's the case but we don't just take for granted what somebody says, who just says oh, i looked at 10 patients and they all had mild disease. we need a lot more information than that, so optimistic that we'll get that characterized soon. david: very quickly, doctor. the president says the only way to beat the virus is to stop it where it came from, roll tape. >> and you see with covid-19 and the delta variant and now with omicron variant, all that emerged elsewhere. it all came from somewhere else, and ultimately beat this pandemic, we need to go to where it came from and the rest of the world. we also need to vaccinate the rest of the world. david: do you agree with that, doctor, very quickly. >> i agree that we need to vaccinate people but the issue is not supplying more vaccine. the issue is messaging. we got more vaccines than we need. we gotta convince people to get those shots in their arms. that's the bigger challenge. david: south africa says don't send us anymore. we have more than we can use and it might go bad from the time we're able to use it. doctor, thank you very much for explaining all this to us. we really appreciate it. well, the president is facing backlash for a joke he made about dr. fauci, what was it lauren? lauren: let's hear the president himself here you go. >> i've seen more [laughter] of dr. fauci than i have my wife , we kid each other, but look, whose president? fauci. lauren: all right, critics say this is anything but funny. this week, dr. fauci also said he is science, to deflect republican criticism at him, and now president biden is elevating him to commander-in-chief, joke or not, but it gives him, fauci , a public health bureaucrat, more power to dictate how americans should act , and that, a lot of people aren't comfortable with. they feel belittled by to the things that fauci has said in terms he's done in gain of function research. david: now this , black lives matter want people to boycott white companies this holiday season, where do blm's corporate donors stand on this racism? who knows, they are staying pretty silent, but after two years, art basal is back in miami this time, nft's are taking center stage in the form of digital art, susan has got the report from miami that's next. >> ♪ you booked a sunny vrbo ski chalet. with endless views of snow-covered peaks. ♪ ♪ a stove that inspires magnificent hot cocoa. and a perfect ski-in ski-out. but the thing they'll remember forever? grandpa coming out of retirement to give a few ski lessons. the time to plan your get together is now. ♪ ♪ find it on vrbo. group ten metals is advancing its world class battery and platinum group metals project in montana as a major us source of commodities essential to the green revolution. stillwater west currently hosts over one billion pounds of battery-grade nickel, copper, and cobalt, plus over two million ounces of platinum, palladium, rhodium and gold. for more about the company's 2021 resource estimate and near-term expansion strategy visit grouptenmetals.com. david: checking the markets and they continue to slide. the dow jones is down about 113 points, nasdaq is really taking it on the chin, down well over 1.5% now, again those bad jobs number really set the stage for what appears to be happening now, with the markets and now this. the biggest global art event in the world is called art basal, it's back in miami and susan li is right there, susan, nft's, i honestly, i still don't completely understand, the non- fungible tokens at the forefront of this year's event. explain. reporter: yes, yeah, exactly right. so, art basal is taking over the entire city of miami it's like a walking art gallery if you come down here and you're right, 2021 is a year of the nft 's, crypto art as you want to call it, and everyone is talking about the exploding market of nft's & companies, people, celebrities, everybody wants to get into it, and why not? it's a booming market because we started off this year and nft sales were only $75 million on january 1, over the summer that number went up to $10 billion, that's an increase of 145%, and this year has really been capped off by some record breaking sales, for over $69 million, and then you have the phenomenon of the crypto punks and of course e ther rocks which sold for millions of dollars and i just caught up with one of the hottest and biggest companies when it comes to nft's the ceo of dapper labs, and they make the nba top shots and also make crypto kitties and here's his thought on the future of nft 's. >> nft market as a whole has absolutely exploded and the people building products for mainstream users is also greatly increased. >> nft as a technology can really apply to any sector and you go way beyond art or collectibles or gaming, i think they will revolutionize every single aspect of digital life. reporter: now, dapper labs went from a $1 billion company now to a $10 billion company, and a lot of people have been trying to buy them. i asked them, am i going to see an ipo in the next year, he says not just yet, he prefers to stay private. david: susan thank you very much enjoy miami it looks like a beautiful day. now take a look, robbers caught on camera looting a jewelry store in the latest smash-and-grab attack in california. steve hilton takes that on in the 11:00 hour, about 15 minutes , but before that we got basketball star enes kanter freedom and he just became an american citizen and now he wants to sit down with lebron james to explain more about the human rights abuses in china is lebron willing to play ball, enes kanter, freedom, is on the show, next. >> ♪ appia rare earths & uranium corp. is actively exploring a world class critical, rare earth element project in canada. appia's high grade discoveries are essential for the rapidly growing electric vehicle and renewable energy markets. appia rare earths & uranium corp. first psoriasis, then psoriatic arthritis. it was really holding me back. standing up... ...even walking was tough. my joints hurt. i was afraid things were going to get worse. i was always hiding, and that's just not me. not being there for my family, that hurt. woooo! i had to do something. i started cosentyx®. i'm feeling good. watch me. cosentyx helps people with psoriatic arthritis move, look, and feel better. it targets more than just joint pain and treats the multiple symptoms like joint swelling and tenderness, back pain, helps clear skin and helps stop further joint damage. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections—some serious —and the lowered ability to fight them may occur. tell your doctor about an infection or symptoms or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms develop or worsen. serious allergic reactions may occur. it's good to be moving on. watch me. move, look, and feel better. ask your rheumatologist about cosentyx. david: okay markets are continuing to go down, the dow is now below 219 points to the negative side, nasdaq is down a full 2%, a lot of it seemed to happen right around the time jim bullard suggested that tapering might happen sooner than later and in fact some rate hikes might happen while they're continuing to taper so we'll see what happens there. meanwhile, with beijing winter olympics only 63 days away, senator marco rubio is leading the charge to crackdown on communist china's abuses against the weger population. hillary vaughn is on capitol hill with the latest on this , hi, hillary. reporter: hey, david well the senate passed the weger-forced labor prevention act this summer. it's now winter and the house has still not done anything about it. they have not voted on that senate-passed bill and a lot of republicans on capitol hill are asking why, but senator marco rubio says one of the reasons he thinks the house is slow-walking, taking action on this bill, is because ceo's at major corporations that are sourcing their products from china benefiting from this cheap slave labor are quietly lobbying against it, but also says it's not just massive corporations that are worried about a crackdown on chinese slave labor but president biden's climate en voy, john kerry, whose reportedly worried that a crackdown on china now will complicate his climate negotiations. >> it is not true, and, you know, again if you want to repeat the charges of the republicans that's up to you , but that is completely not true. as i said, for over 30 years, i have been considered the most disliked, they used stronger language than that, person, in china, because of maya sexual assault on their human rights violations. reporter: but the case is not closed the washington poster reporting the state department reached out to some senators saying they want to slow down the house passage of that bill. instead, david, the house is reportedly looking at voting on a different version of the chinese slave labor bill next week, but the question is, why they would work to pass their own version of a bill that would need to be passed by the senate when the senate already sent over something that every republican and democratic senator voted for. david? david: hillary vaughn thank you very much for that. i am joined now by boston celtics center, enes kanter freedom, who by the way, i believe in a just world be the nobel peace prize winner but enes, you've been standing up to communist repression in china for a long time now, like nobody i've seen in the sports world, or pretty much anywhere else. what is your reaction to senator rubio's bill that we're starting to get a little more active politically against what they're doing in communist china >> thank you for having me, david. it's a must, because what's happened over there is heartbreaking, and marco rubio, senator rubio is my really good friend and he has been fighting not just the violations happening in china but all over the world so i applaud him for that so it's a must and it has to pass, but you know, shame on all those people who are trying to block this bill, but you know, i'm actually about to have a conversation with him in two days and i hope that we can do something together to bring light about what's going on, so it is a must and it has to pass. david: now as you well know, because the nba was part of this at one point in the past couple of years, there are a lot of corporate interests that are against roughly any feathers in communist china. it's a billion dollar, billion and a half market of people there, hundreds and hundreds of billions of dollars are at stake and a lot of these companies don't want that but we've seen some people go beyond the band, even more than what the nba has done. ray dalio is a big guy in the world of finance, and he's actually tried to make the human rights abuses in china equivalent to problems that we have in the united states. i'm going to quote him and get your reaction. he said, i look at the united states, and i say well, what's going on in the u.s. and should i not invest in the u.s. because of our own human rights issues or other things. what do you think of this moral equivalence between communist china and the united states? >> i mean, i'll just say this. while we are talking right now, there's a genocide happening, and it's just unbelievable how these corporate groups, you know , how these businesses, these organizations, and these companies care about money so much. they should be caring about values, morals, and principles but all they care about is how can i make more money from communist party. it's a shame, so i feel like we should definitely bring what's going on, and the important thing is like you said, it doesn't matter how much money you make. it is now more important than freedom, and human rights and i have sat down with so many concentration camp survive survivors. those people are in genocide right now getting tortured and raped everyday. take a second is it really more important than all the money you're going to make? david: and by the way it's not just the wegers. they've been burning down catholic churches, putting people in jail, preachers in jail, of course you look at what's happening in hong kong where they have been stifeling every forum of freedom expression. it's just all over the place. let me focus on the nba though, because as i mentioned they've had their own issues with not standing up to china in the past seems like they're letting you go here though and you have the full support it sounds like from your team, don't you? >> we have no other choice, listen i was getting ready for my citizenship test and there's 27 amendments and my first amendment, the greatest amendment of all-time, is freedom freedom of speech and they cannot take that away from me and the thing is, nba is the one that encourages players to talk about any of the , you know, human rights violations happening not just in america but all over the world, so they are the ones that encourage me and give me hope to fight against this communist regime. you know, obviously whenever the business is involved, whenever the billions of dollars involved obviously some people aren't going to like it but oh, well it is what it is. i'm just going to do the best i can to use my platform to be the voice of all of those innocent people out there who don't have a voice. david: now not all players agree with you, and lebron james is one who you think you could sit down with and talk to him and make him understand. do you really think lebron james could take the same line you're taking if you sat down with him and told him what is happening in china? >> i wish, and i hope so. you know? there is a hope in my heart because we are all human. it's just sad to see these companies like nike and other major companies are using these athletes like puppets, so i'm asking all these athletes out there, before you put your signature on that paper and sign these millions of dollars of contracts with these companies, educate yourself. study about it, because you know , how you use slave labor over in china not just in china but all over the world it is heartbreaking and it is not more important than the money you're going to make. david: i've gotta leave on a positive note, because we only have about 20 seconds, but the best part of my wife's life was when she became a u.s. citizen, maybe not as important as when she had children, but very close to it. i know stuary varney says his becoming a citizen was the best part of his life. very briefly explain how much it meant to you to become a u.s. citizen. very quickly. >> i'm part of the greatest nation in the world now, you know? there's a place where i can call home now. it is just amazing feeling, there's so much emotions, when i raise up for my ceremony to swear, i just couldn't, i was speechless, but i think people should definitely feel so lucky to be in this country and the one thing i will say like i said, it's the greatest nation in the world and people should feel proud to be here. david: we are very glad to have you with us as a u.s. citizen, enes kanter freedom, god bless you we'll be right back. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com (vo) what's better than giving a 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two weeks to slow the spread turned into two years of attacks on our liberty. >> they don't have control of the pandemic, has nothing to do with them. you can only solve the problem when you admit you have one. dave: a fox news alert, president biden answering questions. >> on covid policy it seems the administration is starting to soften the language where you talk about covid that we are going to beat it back? are you no longer going to shut it down? >> president biden: we have to beat it back before we shut it down. it's going to take time. to be covid we have to shut it down worldwide. the united states of america we are doing everything that needs to be done to take care of the american people within our borders but look what has happened. we are making some real progress and we find out there is another strain. the idea that you can build a wall around america to keep others out is not there and besides that's one of the reasons why. i know we get criticized for not doing more for the world. we've done more for the world, providing the vaccines available, then every other nation in the world combined. in addition to that we have also to india and other countries, working around the clock. i suggested we suspend patents, that everybody people to have access to these to make the vaccine in their own countries. thirdly in southern africa, south africa has all the vaccines they need. they don't want any more vaccines now. how can we help them deal with the issue of as i said before, the biggest challenge we had in the beginning of the administration my view was not getting the vaccines produced although that was not easy, i've got to give donald trump, early on, do the research to try to get the right vaccines, but logistically, logistically get the vaccines from a container that gets delivered to you to a hospital, to a state, getting it in someone's arm is a difficult thing. we did it better than anybody in the world has done it and - >> thank you, given that there are now multiple cases of omicron here in the us are you considering requiring vaccines for domestic travel or any other new measures for domestic travel? >> president biden: measures that i announced yesterday, we believe, are sufficient to deal with proper medical precautions to deal with the spread of this new variant. we are doing, as you know, the nih, as well as manufacturers, a lot of research to see the extent, how quickly it spreads, how deadly it is, etc.. we do require for travel, for people to have masks on and in public places, in federal buildings. i don't at this point of it as i think i know a fair amount about this issue but i am not a scientist so i continue to rely on scientists and ask them whether or not we have to move beyond where we did yesterday. right now they are saying no. >> a follow-up on the science, mister president. what is happening in ukraine? what on the border of ukraine and russia and what are you going to do about it? >> president biden: i have been in constant contact with our allies in europe, with the ukrainians, my secretary of state and national security adviser, and what i am doing is putting together what i believe to be the most comprehensive and meaningful set of initiatives to make it very very difficult for vladimir putin to go ahead and do what people are worried he may do but that is in play right now. >> mister president - dave: that was the last question. a painful question and answer period with president biden who obviously has a very bad cold. peter doocy from fox news asked of couple questions about that. as far as we know it is just a cold but a bad when interfering with his capacity to speak, not necessarily to carry on with his duties. i want to carry on with steve hilton. we need to talk about the president's demeanor and his sickness. not a good sign for president accused of being quite frail. >> appalling to see the person who is supposed to be leading the free world put in a performance like that. it is really frightening actually because we know he can barely string a sentence together at the best of times. he can't follow a coherent thought, certainly doesn't have any coherent policies, we will get to him in a minute. in the bill of the morning seems like the middle of the night for him. is he half-asleep, half awake, is it the cold, what is it? it is very very disturbing to see him like that. dave: we were talking about how we are surprised his handlers would let him take questions and answers considering the condition he is in but let me the lawn to what is happening with omicron and the president began the week saying he's not going to panic about it but as the week rolled on seems like more moves, jen psaki said everything is on the table. travel restrictions etc.. what do you think of where they are going with this? >> reporter: total incoherent mess with you saw it just there. one minute he's saying you can't put a wall around it, got to keep the virus out but the other day travel restrictions to try to keep it out. it doesn't make sense. he starts going on about getting rid of patents for vaccines. how's that going to help? that is not going to make a difference to be. the manufacturer. it would undermine the financial incentive for our leading drugmakers to do things like develop the vaccine in record time. none of it makes sense. the real truth is his policies have exacerbated the problem at every turn specifically on the virus, the fact that he has gone in so heavy-handed, so political, demonizing the unvaccinated. for a lot of people i'm not doing it, because he's in solving us the whole time. he made the problem worse. on the economy he made the problem worse by paying people to stay at home, harold jam up the supply chain, the border crisis means you've got all these people coming in to supply the jobs people we've got so much unemployment, cheap labor coming in all the time but every way you look at doesn't make any sense, totally incoherent, he is creating the problem and then his solutions make them worse. dave: there is the iron he some would say, not necessarily in irony it may follow the first case is in california, the person who is fully vaccinated, in the 6-month period, he or she got there last shot and california has all these restrictions but not enough to prevent omicron. >> you know what is so infuriating about this whole thing which is there is nothing new about any of this information from the start of the pandemic we knew that this is incredibly infectious, highly transmissible but did not affect everyone on an equal basis, incredibly low risk for younger healthier people but we didn't do that. we had is universal blanket policies that failed to stop the transmission because it is highly transmissible. it was designed to be highly transmissible in terms of the original experiment that most likely led to this and when the vaccines came along the vaccinemakers from the beginning were clear that the vaccines were very effective in stopping serious illness. they don't stop you getting affected or passing on the virus and yet the biden regime and everyone else behave as if the vaccines are a your for stopping people transmitting it. they never were. why do they keep pushing this as the solution? dave: we've got to get to the markets with thank you very much, great to see you. we are at session lows in the nasdaq and the s&p october. kenny joins me for this hour. what you're feeling what happens? a big disappointment. >> the whispered number was stronger. half of what the estimate was is disappointing although there is some confusion because of employment dropped 2% and so it is the message. you saw the market rally because it is strong it is at session lows. dave: jim bullard who will be, voting member came out with a statement saying we should have early tapering and raise rates while we are tapering or that could happen. >> he has been on the hawkish side. the first time he said he wanted to raise rates at the same time. mayor daley, they came out yesterday saying they are trying to speed taper up to give them an opportunity when that is done. not in conjunction with but at the end. to get the markets used to the idea - dave: we've not heard any details about taxation policy. if we have taxation that stymies taxonomic growth, >> and we get more of this talk, to raise rates at the same time, that is exa