vimarsana.com

Card image cap

Reporter good afternoon to you, melissa. Lets look at the market as theyre settling out. The dow looks like it is finishing down by 524 points. You mentioned the s p 500, that is important too, down 8 1 2 from the record high on september 2nd. 3580. You see the s p closed to 3236. You mention what dragged us down, it was selloff in tech late in the day. Well get to that in a moment. There was optimism early on in the session with respect to coronavirus vaccines, Johnson Johnson entering the latestage three trial that was a little bit positive for investors to get their heads around but again look at these dow losers here. Sales force. Chevron. Apple was one of the big ones, amex and boeing. On nasdaq, losers, fedex, amazon, netflix, align and liberty global. It was a rough day when it came to some of these stocks. It was sort of stock specific and then dragging all the indices down together. Remember this has been choppy for the last couple weeks right now as were heading in and getting closer to the election, possibly waiting to see another spike or second wave in coronavirus cases as we have seen in other countries. There is a lot of uncertainty in this market right now. That is certainly evidenced in the red youre seeing here today. Guys. Melissa all right. Jackie, thank you. Lets bring in jonathan hoenig. He is capitalist Pig Hedge Fund founding member. He is also a Fox News Contributor. Jonathan what do you make of this move . What do you think is really behind it . One word, jackie alluded to it, that is technology, tech, melissa. We talked about it on the way up. As tech goes so goes the market on the way up and certainly on the way down as well and youre seeing all those bellwethers we talked about literal for six months, like tesla back below 400 a share. Apple is down 20 since july. A lot of it becomes the fashionable stocks, nkla, snow, recent ipos, amazon, all down pretty sharply leading the rest of the market lower but perhaps a little more troubling was that you saw everything from junk bonds to gold all down today. This was a risk off day. Looking at the market from internal, from a technical perspective, melissa, one thing i saw havent seen for manies many months, a multitude of 52week lows. Two times as many 52week lows today as 52week highs. That tells me at trend has changed from bullish to bearish. Given all the potential corkscrews we have coming up, the election, new legislation, cracking down on these Tech Companies, investors saying at least today get me out. Melissa yeah. I mean, i guess, connell, maybe the biggest question for me, is this about uncertainty or is it about a change that someone thinks you know the market is collapsing . You know as a result of maybe the coronavirus second wave. Like is it temporary or is it a little more permanent, connell . Connell well, jonathan, lets pick up on that a little bit. I think what you brought up with the concerns longer term about technology youre starting to get into some peoples heads you mentioned in terms of legislation, you have could be antitrust, today the department of justice coming out with this idea these Tech Companies might not be forever immune to charges about whether theyre responsible for the content on their sites. You put that all together, you say to yourself as an investor i made a ton of money owning whatever tech company you want to mention, maybe the future is not as bright as we think for some of these guys, i take some off the table. How much is playing into the mindset for investors . Unquestionably, connell. Its a divided time in politics. One thing people on both sides of the aisle are certain now, they hate Big Technology companies as you said. There is historical precedence for this. Microsoft led the market during the 1990s basically up until the month the federal government instituted the antitrust legislation. It underperformed for a decade. Unquestionably investors are looking at history, big tech is the enemy of the government, both sides of the aisle. Maybe time to take some gains, cash them in, look for new places to deploy that capital. Connell quick thought, jonathan, what medical list brought up, the second wave of covid and how that affects trading. A lot of it is europe but well take later in the show, in terms of cases here in the u. S. As well. It is cases but i think more for the economic perspective, connell, it is lockdowns. What prompted the market to fall 30 in march wasnt necessarily the virus, it was the government response. I think that makes it so difficult now to be an investor. You have the election. You have the virus. You have earnings. Of course you have the government response that is a real wild card especially as we struggle to deal with these falling techs. Connell that response seems tock an overseas story for now and well see whether or not it becomes a u. S. One. Jonathan, thanks for the insight. We always appreciate it. Melissa, back over to you. Melissa all right, President Trump just wrapping up a discussion with state attorneys general on protection from social media abuses. Blake burman is live at the white house with the details on that one. Good luck, blake. Reporter tech the talk on the street. You were talking about it as well as it has been a focus over here at the white house t boils down to section 230 of the Communications Decency act. That is the protection that the social Media Companies have for what their users end up posting on their platforms. Today the department of justice put forward sort of a draft legislation as it relates to changes that they want to see happen for section 230. Republicans especially President Trump, many of his conservative supporters in congress feel they have been targeted and censored by the social Media Companies. The draft legislation goes a couple different ways here. Tries to get rid of what the doj sees as inconsistent practices by moderators. Says companies shouldnt have blanket immunity on socalled criminal content on their product. President had a meeting included in the meeting attorney general bill bar and states attorney generals. President trump in recent years a small group of Technology Platforms tightened their grip over commerce and communications in america. They have userred the power to engage in unscrupulous Business Practices simultaneously waging war on Free Enterprise and free expression. At the urging of the radical left these platforms have become intolerant of diverse political views and abusive towards their own users. Reporter we should note what the doj put forward was their suggestions for legislation. Legislation here in washington starts on capitol hill. There would have to be some sort of a move on that front to be changes. It also should be noted to fox news reached out to Major Players in social media space. Twitter has declined to comment. Other companies have not directly responded to what the doj put forward earlier today. Melissa, back to you. Melissa probably a good thing on their part. Blake, thank you. Connell. Connell just Getting Started as we talk about the fight to stay afloat for Small Business. Leaders in that community are calling for congress to take action on covid relief. Well talk to a major player behind that push coming up next. Plus the Virtual Party this year. Organizers for the times square new years eve celebration, announcing the festivities as they described it, virtually enhanced. They will bring the annual ball drop in digital manner no matter where you are. Scaled back, socially distant. Still a live production. Theyre still determining details how they will do it. Money made easy. How you can make extra cash from the comfort of your own home. Well tell you about that. Stick around. The lexus es. Every curve, every innovation, every feeling. A product of mastery. Lease the 2020 es 350 for 359 a month for 36 months. Experience amazing at your lexus dealer. Did you know Liberty Mutual customizes your Car Insurance tada experience amazing so you only pay for what you need . Given my unique lifestyle, thatd be perfect let me grab a pen and some paper. Know what . Im gonna switch now. Just need my desk. My chair. And my phone. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. So when it comes to screening for colon cancer, dont wait. Because when caught early, its more treatable. Im cologuard. Im noninvasive and detect altered dna in your stool to find 92 of colon cancers even in early stages. Tell me more. Its for people 45 plus at average risk for colon cancer, not high risk. False positive and negative results may occur. Ask your prescriber if cologuard is right for you. Im on it. Thats a step in the right direction. Melissa the search for a vaccine that could end the pandemic. Johnson johnson becoming the latest drug company to start the phase three trials of its covid19 vaccine. Lets go back to Jackie Deangelis in the newsroom with more details on that, this story, jackie. Reporter hey, melissa. We talked about it a moment ago. Johnson johnson breathed some life in this market saying today it started that latestage testing its stage three of the covid19 vaccine. Of the administrations operation warp speed participants, j j is the fourth to get to the latestage of testing. Moderna, pfizer, astrazeneca, they are the other ones in the latestages right now. This around as speculation is building if there will be a vaccine this year or next. Still with covid19 deaths in this country surpassing the 200,000 mark yesterday, all the trials, all the work that has been done, even the bad outcomes gives us closer to combating the disease, to create a new Gold Standard for medical research to come. That is what the experts say. The Trump Administration pushed the drugmakers, the fda to Work Together in a new way, to maximize speed and efficiency that will elicit change in the future. Still democrats have said dont trust the president when it comes to a vaccine even if going so far questioning if people should take one when it is released. Former fda associate commissioner peter pitts talked to me about this Inflection Point where private companies worked with the Government Agency saying this is not political at all. Listen. Politics can play no role advances Public Health and certainly no role advancing vaccines to market. Democrats say they trust the fda but dont trust the president. That is not relevant. They have to trust the fd and secretary azar, president made it very clear that this is the fdas call as it has to be. Reporter a new poll out from axios only 13 of americans are willing to take a vaccine immediately, which could be a separate problem when it comes to battling the coronavirus guys. Melissa. Melissa jackie, thank you for that. Boy, a lot of issues to delve in there, connell. A lot of people concerned. Over to you. Connell a lot of people are. Dr. Nicole saphier joins us. Dr. Nicole is a fox news medical contributor to talk more about this. It is interesting as jackie sort of alluded to there before the market started selling off on worries about technology again, this was to be the lead story on the business show. Seemed like the Investment Community was excited about the j j trial. There are questions about what type of vaccine people would be come for thible with. Comfortable with. Maybe you get one shot, not two, freeze the vaccine, is this preferred vaccine and more people would be open to it . Johnson johnson would be the fourth u. S. Backed drug company to enter phase three of Clinical Trials is extremely exciting mainly because there are huge benefits to the Johnson Johnson candidate as you alluded to. It doesnt require the deep freeze that other leading contenders do. It would be only a single dose vaccine that makes a big difference when the other vaccines would require two doses. All of a sudden you need two times the amount of supplies, injections availability, already seen throughout the shortage of the pandemic we deal with the flu season. The single dose is crucial. That being said, we are still looking at phase three data. It will take a couple of months to still see some of that. The fda we heard earlier today, actually said they will be expanding the monitoring requirement, extending it to two months, rather than shortening the time frames. That is really important because right now were dealing with a big public distrust problem. We have people, you have heard them saying that they wouldnt trust a vaccine that is coming out that fast. We had hahn up there talking today, laying out the process, what is going to happen, how these vaccines will undergo whether eua or fda approval and guarantying the safety and efficacy of the vaccines if they get approved and that is crucial for the public to hear. Connell so say guess one way i would ask it in a hypothetical, if moderna is first to market, their vaccine is ready, would you recommend that you know, your family, your patients take that vaccine, or would you say to them, you know what . Johnson johnson is coming soon, lets wait for that . How would you, if someone asks you that question at the time how do you think you would answer it . I would take whichever fda approved vaccine is available first. If it underwent fda approval, that means it is proven safe and effective in human Clinical Trials. That being said, it is not one size fits all. You have to look at vaccinations when it comes to the individual. Right now children are not being included in the Clinical Trials. I will not necessarily rush to get children vaccinated with the covid19 vaccine until they undergo the pediatric trials. We have to see the data. I will give my kids the flu shot this year like i do every year, that is proven safe around effective for children. As we know flu is very dangerous for children. Connell so that is interesting. Youre thinking adults first. Children after more testing. There is after the market headline that came out. I dont know how important it is on Johnson Johnson about some trials. Like Many Organizations theyre evaluating the benefit of what are called human challenge trials. They would only conduct them in a situation where it is ethical to do so. Maybe you can explain to people what that is. My understanding isnt that when you give the virus to someone pretty much on purpose, then try to figure out if the vaccine works that way, that is why there are ethical questions about it. How does that work . Absolutely. I actually havent heard of any human challenge trials being undergone right now. I heard in the uk they were considering something starting in 2021. If something just broke i missed it. Human challenge trials, youre actually exposing someone to the vaccine or to the virus, whether injecting it, having them inhale it, or having them around other people that have it. Usually more controlled than youre actually injecting it into someone. You see what their response is. That is a way to see if the vaccine is effective or not. But the thing is, the good and the bad here, doubleedged sword, we still have High Community transmission. There is a lot of virus circulating right now. Which is why a lot of Drug Companies have been able to enroll 30,000 people target by now because we have virus circulating f we didnt have virus circulating when those human challenge trials have to come in because it is unlikely someone is exposed to the virus in their common daytoday activities. Connell fair enough. Im not sure why they were asked about it. A headline came from reuters. They said they would consider it possibly based on the ethics. Let me end it this way with a Bigger Picture question where we are on this. Cdc came out with a report on people catching the virus based on age. Between june and august highest age group, 229. Younger adults are likely to communicate transmission. Were under 40,000 on cases. Cases starting to tick up again. Where are we in this fight against the virus big picture, do you think . Well, for the United States, the majority of the United States is still dealing with their first wave. When you look at the north and south dakota and wisconsin, some other places theyre in their first wave. They didnt go through what the northeast went through in the late spring. That being said, in the northeast in some of these other areas they are having a slight rise in cases but the positive percentage of the cases is still under 5 which is a really good sign. So people know what to do. They know how to protect themselves. As people congregate, theyre coming back from summer vacations, kids are going back to school, we are going to see a rise in cases. The bottom line we need to know how clinically significant are the cases. As you mentioned younger populations are getting infected. Early 20s group. I have a 20yearold son. Theyre back to school the i know this population. In europe, seeing same thing, 124yearolds. While the good news the 18 to 24 years olds. The hospitals are not overrun and daily deaths are decreasing. We still want to keep an eye on those rise in cases as we know there can be a delay in those but hopefully the vulnerable are staying home still. The elderly are being protected and people are still being smart. This virus is still circulating. Yes it is dangerous for certain populations. Connell no doubt. Thank you, dr. Nicole saphier as always. We appreciate you coming on with us this afternoon. Melissa, back over to you. Melissa great breakdown on all the biggest stuff. In anticipation of a busy Holiday Season walmart says it will hire 20,000 seasonal employees nationwide to help pack and ship online purchases. The company also joining other retailers in saying it will stretch black friday specials throughout the season instead of one single day. Whoohoo. Hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums economics . Algorithms . Magic . Turns out, its you. Doing your thing. Dreaming dreams. Building new worlds. Its why we built our workspace technology. To help you do your best work and to see what you can become. Youre made for bigger things. Melissa fighting for the survival of Small Businesses lobbying on capitol hill. One organization is urging congress to pass additional stimulus relief this month for struggling entrepreneurs. Here now is johnston ford. He is coexecutive director of the Small Business roundtable and founder of the prism group. What would you like to see the government do now . What specific steps do you think would help . Thanks for having me. Let me wish you and your viewers a happy national Small Business week. What better time to take some real steps. Our letter to Congress Called out seven steps that congress could take right now. They have bipartisan support. They have bicameral support and they dont cost the taxpayer almost anything. Certainly not on the scale what were talking about. Were talking about extending the ppp program so that businesses that have been worst hit can get a second draw on the program. We talked about allowing businesses to use that to pay for ppe. Were talking about automating loan forgiveness for the smallest ppp loans so that those businesses can focus on growing, not on the tax burden that they may face. Were talking about removing idle caps on these Economic Injury disaster loan programs. Were talking about makingthe 7a loan program easier through the holiday. Also talking about Community Development financial institutions, cdfi, that have the ability to reach americas lowest incomes and troubled neighborhoods. Melissa for any of those things, what is the unforeseen externality . We saw earlier on when the pp loans went out, companies wanted to have them and then sort of the crosscurrent of extra unemployment sent to people. I talked to so many Business Owners open, took the loan but couldnt get workers to come back. With the suggestions that you made, is there anything that will come and bite Business Owners in the back. We certainly dont think so. Were six months smarter and six months wiser. Small Business Roundtable which is the ceos of the major Small Business organizations exist to be a consensus body. So we took all the Lessons Learned over the last six months from all of our organizations to say what can we do today . We know a bigger deal is needed. We know that the American Economy hedges upon it. But we know we can do this now f congress is not going to come back to do anything until november, were talking about hundreds of thousands of Small Businesses that wont be here if we dont act now. Melissa yeah. No, i mean they definitely are in no rush to do anything that isnt, you know politically expedient for them. Seems they dont care anything at all about the people you represent. What was the response . Can you please help us do these things right now, you can fight about the other stuff tomorrow . We heard from a lot of offices hoping this can break a logjam or move the discussion forward. I think one of the challenges is how many facets are on this one deal that can help state and local governments. It can help Small Businesses t can help people go back to school. I think people feel like the trust gap in washington is too big. If we do a deal now, we wont do a deal later. What were saying for entrepreneurs it is not about now or later. It is now and later. We have to build the trust gap and hearing all of the Small Business Community Come together behind one banner to say we will be here for you now and we want to see action now, and well also be there for you when we need a larger comprehensive deal in november, i hope we will build some of that trust on both sides of the aisle. Melissa would you say that if they dont do something now what the cost is . We know, i see estimates that of the businesses are still closed, 60 at this point wont reopen . Yeah i think you referenced some of the numbers weve seen and i have recently seen additional studies coming out in the next couple days will say exactly that. The numbers may differ but the bridge built through the cares act really got us through the end of september. Many of the programs expire or the funding is on hold and that bridge kept thousands, if not millions of businesses alive but that bridge has come to an end. And sew we agree with those findings, if we cant act now, there will be certainly tens of thousands of businesses wont be here come the holidays and its a shame but they certainly could be. This isnt something that would cost much more money. Melissa john, thanks for coming on. Good luck to you. We appreciate your time. Connell . Connell all right. This next story is one about backpedaling. Amazon is now denying working with the Fitness Company echelon on its 500dollar prime bike. Saying it is not its product. It told echelon to stop selling it. The ceo responding earlier today in appearance on Varney Company calling it a misunderstanding. Take a listen. Echelon and the buying department decided to call the bike prime, even though all the correspondence and our purchase orders call the bike the exprime bike yesterday we learned the internal amazon team were not in full alignment t was a complete surprise to us. We are planning on rebranding the bike. Echelon is excited about the strong relationship with amazon. Connell shares of echelon competitor peloton actually got a nice pop early in the day on this news. As you see closed barely in the green. I think dragged down by the Broader Market selloff we had late in the day but interesting story. Melissa. Melissa the fight for the battle grounds. President trump standing with one key demographic is on the rise from 2016 in the nations largest swing state but is it enough to win that vote . Well talk about that next. Plus as millions of americans are staying closer to home we will tell you how can make some extra cash from your very own driveway. I like the sound of that. Kitkat announcing the lawn. Of its flavor club, ooh, offering 200 fans the chance to try new flavors before they hit the stores. The candy brand is accepting applications through next tuesday and the winners will receive three kitkat kits through next spring, to offer feedback to the Brands Development team. I have a lot of new volunteers in our living room. Yep, it is all about us i got help from a pro. My financial professional explained to me all the ways nationwide can help protect Financial Futures in peytonville. Nationwide can help the greens get Lifetime Income because their son kyle is moving back home and could help set up a Financial Plan for mrs. Garcia. And he explained how nationwide can help mr. Paisley retire early and spend more time with his pal, peyton. And their new band. Exactly yeah. Dont forget the band. I havent. Melissa visiting North Carolina, the first time the democratic nominee has been to the state since accepting the partys nomination. Meanwhile President Trump is expected to visit the state tomorrow. Fox newss Jacqui Heinrich is in wilmington, delaware with details on all of this. Jackie. Reporter good afternoon, melissa. This is joe bidens first trip to battleground North Carolina since the primaries. Its a state where President Trump has been spending a lot of time and attention where early absentee voting is already underway. Biden took questions at a black economic summit in charlotte after launching two new ads in the state featuring black Business Owners with frustrated with Trump Administration handling of the pandemic. The Africanamerican Community was already economic vulnerable and discussed how his build back better plan would specifically serve minority communities. After news broke with charges on the Brianna Taylor case, he was asked how he would reimagine the Justice Department Civil Rights Division after four years of donald trump. The Justice Department turned into the president s private law firm t actually has represented him on women accused him of rape. Where did that come from . And, the Justice Department under my administration will be totally independent of me. I will not direct them who to prosecute, how to prosecute, what to prosecute. Reporter also today, ahead of a senate intel briefing on capitol hill senator harris weighed in. Take a listen. [inaudible] Brianna Taylor and their family deserve justice. Yesterday . Today. I will review it. Reporter meantime as developments indicate the president will likely have the senate votes to move forward with his Supreme Court nominee. Biden and harris are relatively quiet. Today biden didnt say whether he was vetting his own potential nominees and concerns what happens to womens rights and health care if President Trumps nominee is confirmed. Justice ginsburg lies in repose today and tomorrow at the Supreme Court and the first woman to lie in state at the capitol on friday and only the second Supreme Court justice to receive that rare honor. Since the liberal icons death he has refused to make public his list of nominees. Saying he would only announce a potential pick after consulting with both parties. Today he got a little more support from across the aisle after cindy mccain endorsed him for president. Melissa . Melissa all right, jackie, thank you for that. Connell . Connell lets talk more about the race in the key states. Bob cusack, the hills editorinchief joins us right now. Bob, well begin with North Carolina since jackie was reporting from there. Vice President Biden is there today. President trumps fifth tomorrow is his fifth i believe in the last month to North Carolina. So obviously he sighs it as an important state which it is. How do you see the race in north the North Carolina . It is very tight. We have a Big Senate Race with senator tillis in a tough race. North carolina is the quintessential battleground state now. Trump won it four years ago. It is something that i think will go down to the wire. You can argue that trump may have to win it more than biden. I think that trump needs to win florida certainly and probably North Carolina. There are certain states that biden has to win like virginia and probably michigan is he going to win this is a very, very tight race and i think it is going down to the wire. As we all know we may not know who wins this state and others for several days after the election. Connell right. Voting already underway as jackie pointed out there. You brought up florida. Youre right, obviously at this point if it is not a mustwin for the president it is as close as any of the key states are must win. New polling from the Washington Post abc today, probably numbers the Trump Campaigns like. Very, very close among likely voters but the president actually had a lead there over joe biden whereas other polls from other organizations showed him trailing up a few points. Should point out arizona he is up a point, all within the margin but still these are pretty good numbers for the president in florida, 5147. So how do you look at florida right now . It is always difficult. It is always close but what should we be watching there . Well it is clear that the Trump Campaign and the biden campaign, weve seen tangible things that the Trump Campaign has done and the Trump White House has done, most notably giving 8 billion federal assistance to puerto rico. That is something that rick scott, the former governor of florida and now the senator from florida, one of them, has been urging the white house to do. That is going to help. I agree, tom, that was the big story of the day. That poll which shows trump up in florida and arizona. The polls recently especially in arizona have not been good for the president. Is that a shift in the race in that state and possibly in florida . Possibly. But certainly as you mentioned it is a good sign for the Trump Campaign, that poll and in those two states. Connell right. They know they need it. You look at demographics, you mentioned or alluded to i think latino voters in florida which we can talk about a little bit. Another kind of internal we pulled out in the poll which we thought was interesting, the president when you look at the white vote always does well with white voters who do not have College Degree. When they break it down with white voters with College Degree sometimes he doesnt, he didnt in arizona, florida he did, 5444. That is a strong number. Wonder what is resonating there. Stronger than what showed last time. Any thoughts. Im not sure. That is something that is noteworthy in that poll. It shows you the race is different. I talked to people who are working on the Trump Campaign and other campaigns. You cant run the same race. So trump cant run the same race in 2016. He is not doing as well with older voters in florida. But in that demographic he is doing better. That is where you have to seize where are your weaknesses how do you make them strengths. Connell and finally the Supreme Court pick. You know, the president talked earlier about actually said that he would like to get the court filled because it could decide the election, basically when he was asked about it at the white house today. On the, person he picks though, Amy Coney Barrett was now to be thought to be the favorite. The judge from florida barbara la go yaw, hispanic la goa. Is that the pick, could that win florida for him . From a political perspective, how important the florida is, i think picking the florida judge could be very smart but there is a divide within the white house and in trump world who he should pick. The hardcore conservatives want coney barrett, trump seems to be leaning towards her. Well not know until saturday. For floridas sake that could be an advantage if you pick someone like lagoa, who could maybe be the difference. You never know. Connell you dont. When it is this close, right . This close. 5 00 p. M. Saturday. Well all be watching. Bob, thank you. Always good to see you. Bob cusack from the hill. Melissa. Melissa an out of this world filming experience. Tom cruise could go to space next year based on information from the Space Shuttle almanac which identified the actor along with a movie director as two of the tourists on a spacex flight scheduled for october 2021. Cruise teamed up with elon musk for nasas first narrative film, a 200 milliondollar project backed by universal. I see bestinclass platforms and education. I see awardwinning service, and a trade desk full of experts, available to answer your toughest questions. And i see it with zero commissions on online trades. I like what youre seeing. Its beautiful, isnt it . Yeah. Td ameritrade now offers zero commissions on online trades. I was just fighting an uphill battle in my career. So when i heard about the applied Digital Skills courses, im thinking i can become more marketable. You dont need to be a computer expert to be great at this. These are skills lots of people can learn. I feel hopeful about the future now. You can go your own way ab go your own way. Your wireless. Your rules. Only Xfinity Mobile lets you choose shared data, unlimited or a mix of each. And switch anytime so you only pay for the data you need. Switch and save up to 400 a year on your wireless bill. With the carrier rated 1 in customer satisfaction. Call, click, or visit your local xfinity store today. Melissa new york city in total disarray and it might be stuck with mayor bill de blasios unbelievable incompetence for three reasons according to New York Post oped. Here is the man behind the article, michael goodwin. He is also a Fox News Contributor this is a funny, if not tragic article. I think mayor bill de blasio is the most incompetent, most hated mayor are if not person ever walked the earth. That is not exaggeration. His wife probably agrees with that as well. There is a movement, we should tell everyone else, there is movement for the governor to dump the mayor and get him out of office. It is very tempting, we all hate him, if youre to the left and right of him he is the worst mayor that ever lived. You say there is a lot of danger with that, starting with the idea, i didnt know this, the job he had before was city advocate . Is that right, that is who would replace him . Tell us about that. Right. There are only three people, melissa, who are elected citywide in the new york city government. First of course being the mayor. The second is called the public advocate and, that is, it is a position with no real power. It is sort of a ombudsman. Has a fairly small budget and then the third, the third in line would be the comptroller, who has actually has a much more substantive job, a Bigger Office but oddly the charter made the public advocate to succeed the mayor in the case of a vacancy and the current holder of that office is a man named jumani williams. And because he would become mayor, if de blasio were to be taken away by the governor, and jumani williams would not be an improvement. He extremist when it comes to antipolicing. He had no experience running anything else. The lack of experience has been amajor flaw in de blasio. So with jumani williams you would be getting more of the same and i think on number of issues there is no reason he would do any better than de blasio and probably worse on policing. Melissa yeah. I mean the other two points you make, is that como would be the one to pull him out. He is to blame for a lot of this mess because of this no bail issue and number of other things he has driven so much money out of the state around city and that is another huge problem. Right. Melissa and you also point out that it would create a terrible precedent where we kind you know, we would definitely see it again if we did it once but i think, the best point is really this idea that one of the reasons why bill de blasio is so incompetent is because he has never run anything. All he has done as the advocate is basically bitch and complain, kind of what you do in that position. Right. Melissa you dont really actually come up with any solutions. So following that logic, you know, rudy giuliani, one of the reasons why he was voted in, why he did a good job was that he had brought down the mafia. He had, so many of the problems that were hurting the city in the 70s and 80s were a result of crime of mafia control of drugs, of all things, he had done something that showed he could turn around crime. So is a person who has done something right now that shows that they could deal with new yorks problems, whether theyre on the right or the left . Do you see anyone out there . Right now i have to say i do not. And i think it is going to be a fast campaign. The primary next year will be in june. And generally, most years the winner of the democratic primary wins the general election. I am not sure that will happen next time. I think there is so much upset. The problem is that the democrats have a lock on about half a million votes. That has been the lowest they have gotten in recent years. De blasio did pretty well, 758, 800,000 votes in the neighborhood of what Michael Bloomberg got, he was spending 100 million a year. So you really need to get somebody who can pool large numbers of votes. It cannot be a quiet campaign. It cant be just meeting with a few donors. This is somebody who needs big charisma, needs to reach a sizable population of new york. Melissa but we should look to someone if you point out if youre living in another one ever these cities, not just new york where this is going on who in your community has actually done something to battle the current problems that you have right now . Make sure, not just ideas for the future, but who has a track record turned around some of the problems in your community. That was a great point. Michael good win. Thanks for coming on we appreciate it. Connell something toker cheer you up next. Five ways you can earn extra money and do it in your own living room. Thats next now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. i need it so bad dont call it a hobby. Its way more than just a job. This is how we live every single day. Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old look, this isnt my first rodeo and let me tell you something, i wouldnt be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. Its just a loan designed for older homeowners, and, its helped over a million americans. A reverse Mortgage Loan isnt some kind of trick to take your home. Its a loan, like any other. Big difference is how you pay it back. Find out how reverse mortgages really work with aags free, noobligation reverse mortgage guide. Eliminate monthly mortgage payments, pay bills, medical costs, and more. Call now and get your free info kit. Other mortgages are paid each month, but with a reverse mortgage, you can pay whatever you can, when it works for you, or, you can wait, and pay it off in one lump sum when you leave your home. Discover the option thats best for you. Call today and find out more in aags free, noobligation reverse Mortgage Loan guide. Access taxfree cash and stay in the home you love. Youve probably been investing in your home for years. Making monthly mortgage payments. Doing the right thing. And its become your familys heart and soul. Well, that investment can give you taxfree cash just when you need it. Learn how homeowners are strategically using a reverse Mortgage Loan to cover expenses, pay for healthcare, preserve your portfolio, and so much more. Look, reverse mortgages arent for everyone but i think ive been round long enough to know whats what. Im proud to be part of aag, i trust em, i think you can too. Trust aag for the best reverse mortgage solutions. Call now so you can. Retire better connell we know money doesnt grow on trees, but you can still increase your wealth by getting creative while youre staying at home. Kurt deknudsen joins us live from los angeles. Tell us us how to do it. Were talking about right around your house, up raze ld unrealized revenue. Im mat at marine that del rey to show you an rv could be in your plans. A buddy of mine was never into an rv until four months ago. He rents one, now owns it and is renting it out for 445 a night. It just seemed like a one win. I get to take great road trips in it, but when im not using it, i can rent it out, and i can get some passive income. This came at the exact right time where his own business took a slump at that point. Outdoor city, the high rv rental platform, has just taken in 1. 3 billion in revenue in the last six months. Toro is a web site where if you have a Jeep Wrangler, youre going to earn about two and a half times your Monthly Payment renting that out. And, by the way, they have a thing called the carculator, put your car in, and itll tell you how much it might rep for you. These boat open ors boat owners, youre going to offset the overhead in your boat. Go out into the garage, look at how much space you have in the driveway, unused space is being sold at neighbor. Com, and thats where people are earning up to 300 just renting out their garage space. Connell . Connell ah, man, well, thats depressing. I had a Jeep Wrangler until a few years ago. Obviously, a mistake to sell that. Kurt, thank you, thats a good story. People, passive income, nothing wrong with that. Thanks for joining us melissa can i rent out a [laughter] connell i dont know how much get for that. Lou dobbs tonight starts now. Lou good evening, everybody. We begin tonight with breaking news out of louisville, kentucky. A curfew will go into effect at 9 p. M. Local time tonight as a violent mob has already had scuffles with Police Officers, that mob forming after of the indictment of one of the three Police Officers involved in the shooting death of breonna taylor. The Police Officer was charged with three counts of wanton endangerment. Each count carries with it a penalty

© 2024 Vimarsana

vimarsana.com © 2020. All Rights Reserved.