i want to bring in walser management, rebecca walser. of more moderate republicans saying that is a little bit too much. zoo what is wrong with this package? >> you know, charles, for those that don't know you can go to u.s. debt clock.org, a public website. you can see we're at 28 trillion. that is before, we haven't even spent everything authorized in 2020. so as you can see, 1.9 trillion. what you have to do, charles, look at the entire scope of all of the funding that we've done since the beginning of the pandemic. when you add it up together we're looking at over $6 trillion. and that's the problem. $6 trillion, when the entire u.s. debt is creation of our country is 28 trillion, not counting on unfunded liabilities. you want see we're spending it too fast. we just switched over to the model of reopen business and let's get taxes coming in. charles: i was going to ask you that. should the president actually talk about that as also something, ultimately to your point, we could be doing this three months from now, six months from now,

let's go to walser management, rebecca walser. those good news, bad news scenarios. we were drifting pretty good. all the major indices were down. 8:30 this morning, sharp. as soon as gdp comes out we have the explosive rally. i think wall street expects the fed to prime the p even more. you think that is a mistake though? >> it's a mistake to believe in modern monetary theory, you can print money like water and there will be no repercussions from here on out. if that is what we believe, which i don't believe, we will never stop. janet yellen now in the treasury department, former fed chair, we've got an administration here in the fed that is very pro this theory that i certainly don't agree with. i mean basic fundamentals, charles, money is valuable because it is scarce. the second you treat it like it is not scarce it becomes not scarce. charles: to your point, i hear exactly where you're coming from, the other side will say this is an argument that republicans or folks with conservative orthodoxy railed about for eight years un

arrives to pick us up eric the local policeman has come to say goodbye and make sure we're ok nor walser back in the day and after 2 nights on the ice mehta has also made it home. we leave eco for touring mates deeply moved by its people and its natural beauty. the path to the landing strip is still blocked by ice thanks. this is yellow knife canada at the military section of its airport thanks we're traveling with the 2nd battalion of quebec's royal 22nd regiment a unit which supports canada's john. task force north. it's been a long trip from the top we're told to meet almost a 1000 kilometers with stops in quebec and yellowknife before we reach cambridge bay in the canadian arctic. we're taking part in operation not quote it's mission to patrol the northwest passage canadian territory that could hardly be more isolated. the 2 griffin military helicopters fly low taking advantage of the element of surprise. the helicopters head out over the water they have their sights set on a cargo ship and radio the freighter to identify itself the captain is surprised. he asks why the helicopter is

are loading their guns and everyone's on their feet people drop everything to go and watch the non walser here. who those who aren't in the boats watch from the shoreline and tell the hunters which way to go. time and again the whales submerge and the boats chase after them the sound of large caliber weapons resonates throughout the day. the hunters fear the smell of the corpses could attract polar bears to keep them away from the shoreline and the settlement the dead whales or hold on to an ice sheet and carved up their. outside one of the cabins we meet met up boss elias. lowing the action with binoculars. her husband orca and her brother of god who are taking part in the hunt . order for 2 it we asked her why people here are so crazy about now walls what things. are important. for the warrior. you eat the meat you need more or. that. you need. to do and be right here because you are. you know through. metal invites us to stay for lunch. is on the menu it's the children's favorite method tells us that much has changed here in recent years. and asks if we'd like to join them on a boat tr

we'll get reaction from rebecca walser the true price of the biden fan. >>>

rebecca walser let me ask you about this.uilding in the online community that there's a double standard protection for the hedge funds, that short stocks, no such scrutiny over the positions or what's behind it but a lot of scrutiny over these average joe's in joanne's who are profiting quite handsomely countering those votes. >> i think to charlie's point obviously it was a matter of not having the cash that is required for yesterday but what about the pressure being applied on wednesday to shut down the exchanges altogether which was what was happening. i think people are seen wait a minute the big guys are really lucrative all the time the hedge funds shorting stocks and then you have a short squeeze and all of a sudden there are these problems and they also have a problem -- >> the exchanges did not shut down. >> i did not say they shut down. neil: charlie, that is a dangerous step -- >> that the dangerous under different story. neil: it was one thing to limit trading in a freefall, quite another to limit buying in the mi

blake, thank you very much, get the reed on all of this and news on gm with scott martin and rebecca walserrkets and the reaction to all of this, they are okay with it or think you beyond it. i've asked every market expert to get his or her read on that. what do you think of that? >> we've got a week to go, literally. it's not even going to be back in time to handle this. i don't know if it's a historical thing, there is no actual technical reason that things need to be done because were talking about the 20th and is the 13th. the market is looking past and i think the market should and it's a dangerous vote for all the reasons your previous guests mentioned it's not how america -- we don't police people we take them on for what they say and do, it's a very dangerous to hold this kind of vote. neil: scott martin, on the technology company, the social media to the point of a way to rid themselves of anything or anyone related to donald trump, you have to wonder whether they're trying to curry favor with democrats who will have the run of the table, many of whom are saying a little more than

time for the word on wall street, joi joining me now, davd nelson, michael lee and rebecca walser. you. wall street looking for a positive start to 2021. futures are kicking into high gear to kick off the new year. investors eyeing the georgia senate runoff elections tomorrow. what do you say here? >> yeah, dagen, the senate runoff is so huge because i think wall street has priced in divided government. they've got biden and they're pricing in a divided government. i don't see they're pricing in a huge tax shift in policy. we know that biden wants to raise taxes. he stated that. but i don't think that wall street is necessarily pricing in huge tax increases because right now the market's looking really good. the dollar's weak, it's extended from last year being overall down and you've got things that are happening around the world that are pushing, and so oil prices are looking better. we expect the market to go up right now but tomorrow is huge. wednesday is huge. this week is really big for where the direction of 2021 goes. dagen: next up, david. shares in china's three large tel