Transcripts For FBC After The Bell 20240712 : vimarsana.com

FBC After The Bell July 12, 2024

Amazon rising ahead of its twoday prime event. Connell well be out on the road speaking to voters. Well be in the crucial battleground state of florida throughout the week. Now today were in a city that really has been especially hard hit during the pandemic, orlando. Usually thrives on the tourism business. Working now to bring travelers back. Maybe you can tell from looking behind me, im on the scene at seaworld today. President trump is actually on his way here this hour as well, not to seaworld but to the orlando area. Well talk a lot about that. Well cover all the top stories as we normally do. Much more in florida. Fox Business Team coverage with blake burman at the white house speaking of president , Hillary Vaughn reporting from the Supreme Court on capitol hill and blake burman on the north lawn. Reporter wouldnt it be something if president goes to seaworld that would be quite a curveball. I4 corridor is incredibly crucial in florida. Tampa to Daytona Beach and points in between. That is where the president will be in sanford later this evening as he is set to leave the white house later this hour. Connell, jackie, white house says Trump Campaign get used to president going out on the road. Their plans are to have him hit two or three Different Campaign events per day they say in the near future. Ramp that up even higher getting closer to election day. While cdc guidelines still say social stancing remains best, the Vice President mike pence saying this afternoon that the campaign is still comfortable with having largescale rallies. Listen. The American People have a right to peaceably assemble. They have a right to gather, to hear out our candidates and our cause and well carry our message all across this country and all the way to victory on november 3rd. Reporter one state, but two stops for joe biden today. He is in ohio, toledo and cincinnati on his schedule. Earlier today the former Vice President visited auto workers and pledged the overwhelmingly majority of americans would not have their taxes raised in a biden administration. Watch here. Here is how my plan works. I will not raise taxes on anyone that makes less than 400,000 a year. If you make more than 400,000, beep your horn, you will get a tax raise. I will raise your tax slightly. Reporter back here in washington the stimulus stalemate continues because over the weekend Many Senate Republicans came out against the white house 1. Trillion dollar proposal. Nancy pelosi said the white house plan is inadequate. Connell, still, very tough to see how anything happens here on this front before the election. Back to you. Connell does seem increasingly like that is the case. Blake, thank you. Blake burman. Jackie. Here to react is Dan Henninger from the wall street journal. A fox news contributor. Always great to see you, dan. Follow up what blake was reporting regarding stimulus. Looks like the stock market, you have a dow rally 250 points. Nasdaq out of correction territory. The stock market says we think something will happen with stimulus yet both sides are still digging their heels in . Yeah. Thats right, jackie. Looking increasingly to me that the stock market, they must have sources none of the rest of us have because nobody that i know thinks there will be a stimulus bill at this point. It would need to get through the senate. The Senate Republicans have been telling Steve Mnuchin and the white house, chief of staff mark meadows, they do not want to do a deal. I think at this point Senate Republicans, jackie are focused on two things. One, getting amy barrett confirmed and secondly holding on to their control of the senate. Six or seven of those republican senators are at risk right now. They could lose the senate indeed. And they need all the republican votes they can get and by and large Republican Voters are not in favor of spending another nearly 2 trillion on top of the 3 trillion that has already been spent. Remember there used to be something called the tea party and those Tea Party Movements were formed because of the spending in washington they are very concerned about indebtedness, if republicans would vote nearly two trillion dollars they could put their hold on the senate at risk. If stimulus isnt a huge part of equation, at least the optimism were seeing today, do you think it is optimism about earnings, the trajectory of the u. S. Economy and were working our way through the pandemic and hopefully brighter skies are ahead . Do you think the investors are looking at the markets saying this is still the best place to invest in . That is an interesting question. Yeah, they could be looking at earnings but, again, the betting anyway is that joe biden is likely to win the election on november 3rd and given everything that is . The is in the biden proposals next year you would think that would probably suppress growth. Higher taxes, higher business taxes which would trickle down to affect consumers. He would put a stop to, reverse much of the deregulation that the Trump Administration has done to stimulate growth. So i think there is, there is a sense in which the market may be trying to discount the fact that there will probably be a Slower Growth economy next year and that may explain why so many wall street economists want a stimulus bill now. They would like to see that two trillion injected into the economy ahead of the biden presidency next year which i think is going to be bad for economic growth. Youre saying something ive been hearing a lot of, that the market is looking at this saying it is a slamdunk in some ways for joe biden, not necessarily taking into account what we saw last time leading up to the election. The polls did happen to have it wrong. There was a silent ma scott out there that voted four the president. Im not saying it is going to happen again. I dont have a crystal ball but it is certainly possible, dan. Could optimism actually be that the market thinks President Trump will be reelected . It could be, this is sort of based on the idea there is a large tranche of socalled silent trump voters that indeed would be the purpose of the president doing so many rallies. I mean traditionally you would think these rallies would be doing nothing more than solidifying the trump base when in fact he needs another five or 6 of voters put him across 50 , socalled undecided voters. I myself think the president really could use a big national event. He pulled out of this weeks debate. Maybe there is going to be one next week. But, it is a little difficult for me to see how just trump rallies will put him across the goal line. I think something larger than that has to take place to open, to close this gap with joe biden. Really quick in the final moments here. Were watching big tech, were watching the nasdaq coming out of correction territory and there are a lot of investors betting on the amazons, facebooks, googles of the world, a joe biden presidency would be very bad for those companies. Yeah. The democrats have been extraordinarily critical of big tech and i think they are probably going to move on the antitrust front to try to suppress them and that cannot be good for the share price of those companies that have been driving the stock market for as long as they have. Dan henninger, great to see you. Connell, send it back to you. Connell jackie, well spend the entire week here in florida obviously looking at the economy and looking deep into certain voting blocs that could help decide the outcome on the third of november. Today we start with Senior Citizens. The senior vote President Trump won it easily in 2016. Nearly 330,000 advantage in a state he won over Hillary Clinton by 113,000. Polls show joe biden ahead of the president among those 65 and older. It is a concern to the Trump Campaign, the president will be in the area, first time back on the trail since contracting covid and Vice President mike pence was here over the weekend. He stopped by the villages, wellknown Retirement Community which is an hours drive to our north. Weve been out and tried to speak to as many voters as we can ourselves. We have seen some of the potential roadblocks for president s reelection in those conversations. Number one his response to the virus hurt him. The polls show that with Senior Citizens. Some seniors also have been telling us that the president may be losing support though among those who value the military. All right. Look like we had a little trouble with the voters in florida. Maybe well get back to that later in the show. I will say this, one comment we had from one gentleman brought up president s comments in the past about late senator john mccain. That rubbed him the wrong way. If it is not the virus, i will say at the same time the president had enthusiastic supporters. Well play a clip of that as well. Well try to do that later on in the show. Because he is counting on the enthusiasm of voters to make up for some gaps in the polling data. Well try to get the voters on as we continue from here in orlando, a little bit later on in the show. If we have any ready you can tell me i can go to it. Otherwise we will continue, because seniors are just one group, jackie to watch in florida. As we continue through the week a closer look at suburban voters tomorrow from tampa. Potential shifts i should say in the latino vote later in the week from miami. Here is one group of voters here, the ones enthusiastically supporting the president before we go back to jackie. Take a listen. I think because he gets things done. Hes threw all the negativity that democrats have given him and all the wild been on a wild ride . Yes. A wild ride. Taking care of our elderly. Im a Senior Citizen on social security. Our va. Our va. Our vets. He has done what he said he was going to do. Connell jackie, gives you the idea the polling doesnt look great because the president won this group by such a wide margin the last time around f you lose a little bit of that, you have to make it up somewhere else. Later in the week we take a potential shift in other demographic groups. For now back to you. That is always interesting when you talk to the folks, im wondering, were looking at florida, were looking at texas this time around, these are states typically republican but theyre turning more purple as we speak. Talking to folks on the ground, are you getting that sense . Are they more purple than they were . Connell in other states, we had a conversation in georgia, you see some of that much closer than it has been in the past. What happens in states like that, north carolina, texas, at the end of the day they go back to what they have been. That is what some of the experts have been. Even though theyre leaning direction in some of the polls in the end they go back to what they have always been, republican in recent elections. The president needs to win to florida in florida. The path to 270 pretty much doesnt exist without the state. Fears of a second wave may be on the table. 18 states are reporting 25 increase in new daily coronavirus cases. Well tell you where later this hour. Plus much more from florida, connell. Connell yeah. Well have the Tourism Industry covered. Of course it has been left realing from the pandemic especially here in Central Florida where we are. Next up the Orange County mayor, Jerry Demings joins you on the billion dollar hit to the local economy. The advice he has for joe biden if the former Vice President hopes to win in this state. Demings is a big democrat in this area. Were live from orlando. 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. The military, i mean what he said about mccain is, i mean, the nerve to Say Something like that, a hero like that when he kind of weaseled out of vietnam. So i, any vietnam veteran is normally a strong republican at this point might be getting second thoughts about that. Connell interesting, they have changed their mind you think . Just the things he said about the military in general, and his treatment of mccain, was part of the greatest hero of my lifetime. Connell fair and balanced as promised that is the biden supporter we reference ad few minutes ago talking about potential roadblocks for the president with the Senior Citizen vote here in florida. Now florida of course is the ultimate swing state. Where we are in Orange County, is democratic strong hold when it comes to politics. Hillary clinton won here with more than 60 of the vote four years ago, joe biden would need similar or better numbers if he wants to turn the state blue. The mayor of Orange County is Jerry Demings. We stopped by to talk to him about the economy and much more. Mr. Mayor, thank you for letting us coming on. The area has been hit so hard because reliant on tourism. How are you doing now . Are you bouncing back at all . Were beginning to slowly bounce back but i have to say we have a multibilliondollar impact on the economy. Convention Business Impact weve seen 1. Billion dollar impact. When we add the impact from our theme parks and other impacts, so we believe our economy will be ushaped. We think it will likely be a threetofive year time frame. Connell republican governor, ron desantis said basically the state can open up. Is there something youre doing to override any of that . Because that might have an impact short term on the economy or are you on board with many of the governors rulings . I think when the governor made his announcement on september 25th that businesses can reopen what he had not adequately done communicate with local governments. We got the notice after 4 00 p. M. On a friday. The order took effect immediately. So there was not enough time to really communicate to our resident the what the governors order truly meant. What we have seen since that. Is a lot of confusion throughout the state about what the order means. It did preempted local governments, being able to for example, impose fines on individuals. Connell so someone doesnt have their mask on, you cant fine them . Well, thats correct. But what we have done here is has been very proactive. We have a Public Awareness campaign and a Compliance Team of individuals that go out to our businesses and inches speck them to make certain they are following the cdc guidelines. Connell let me ask you about politics. That is why were in florida this time of year in the year 2020. The state is always close and you know a lot about Democratic Politics having served in a number of positions yourself forepeople that dont know, your wife is the congresswoman, val demings who is considered as a possible running mate for joe biden. You guys know the politics of this area. Tell me what is going to happen this year . What normally happens in florida at least in recent history, you might see a democratic candidate ahead in the polls in a statewide race for president or governor or senator. Then the last few weeks the lead goes away and republican wins by a couple points. If this year is different why would be different for Vice President biden . Im a student of politics, certainly the politics in the state of florida and Central Florida area. My prediction biden will likely win the president ial elections here within florida this year, albeit i think it will be a close race. I believe he will likely win because people are frustrated now because of the high Unemployment Rates we see here within florida and theyre really has been i think, a lack of leadership and clear direction from the top, from the white house right down here to our governor as we have dealt with the pandemic in recent months. Connell now what ive seen biden is doing better among some groups that Business Team<\/a> coverage with blake burman at the white house speaking of president , Hillary Vaughn<\/a> reporting from the Supreme Court<\/a> on capitol hill and blake burman on the north lawn. Reporter wouldnt it be something if president goes to seaworld that would be quite a curveball. I4 corridor is incredibly crucial in florida. Tampa to Daytona Beach<\/a> and points in between. That is where the president will be in sanford later this evening as he is set to leave the white house later this hour. Connell, jackie, white house says Trump Campaign<\/a> get used to president going out on the road. Their plans are to have him hit two or three Different Campaign<\/a> events per day they say in the near future. Ramp that up even higher getting closer to election day. While cdc guidelines still say social stancing remains best, the Vice President<\/a> mike pence saying this afternoon that the campaign is still comfortable with having largescale rallies. Listen. The American People<\/a> have a right to peaceably assemble. They have a right to gather, to hear out our candidates and our cause and well carry our message all across this country and all the way to victory on november 3rd. Reporter one state, but two stops for joe biden today. He is in ohio, toledo and cincinnati on his schedule. Earlier today the former Vice President<\/a> visited auto workers and pledged the overwhelmingly majority of americans would not have their taxes raised in a biden administration. Watch here. Here is how my plan works. I will not raise taxes on anyone that makes less than 400,000 a year. If you make more than 400,000, beep your horn, you will get a tax raise. I will raise your tax slightly. Reporter back here in washington the stimulus stalemate continues because over the weekend Many Senate Republicans<\/a> came out against the white house 1. Trillion dollar proposal. Nancy pelosi said the white house plan is inadequate. Connell, still, very tough to see how anything happens here on this front before the election. Back to you. Connell does seem increasingly like that is the case. Blake, thank you. Blake burman. Jackie. Here to react is Dan Henninger<\/a> from the wall street journal. A fox news contributor. Always great to see you, dan. Follow up what blake was reporting regarding stimulus. Looks like the stock market, you have a dow rally 250 points. Nasdaq out of correction territory. The stock market says we think something will happen with stimulus yet both sides are still digging their heels in . Yeah. Thats right, jackie. Looking increasingly to me that the stock market, they must have sources none of the rest of us have because nobody that i know thinks there will be a stimulus bill at this point. It would need to get through the senate. The Senate Republicans<\/a> have been telling Steve Mnuchin<\/a> and the white house, chief of staff mark meadows, they do not want to do a deal. I think at this point Senate Republicans<\/a>, jackie are focused on two things. One, getting amy barrett confirmed and secondly holding on to their control of the senate. Six or seven of those republican senators are at risk right now. They could lose the senate indeed. And they need all the republican votes they can get and by and large Republican Voters<\/a> are not in favor of spending another nearly 2 trillion on top of the 3 trillion that has already been spent. Remember there used to be something called the tea party and those Tea Party Movements<\/a> were formed because of the spending in washington they are very concerned about indebtedness, if republicans would vote nearly two trillion dollars they could put their hold on the senate at risk. If stimulus isnt a huge part of equation, at least the optimism were seeing today, do you think it is optimism about earnings, the trajectory of the u. S. Economy and were working our way through the pandemic and hopefully brighter skies are ahead . Do you think the investors are looking at the markets saying this is still the best place to invest in . That is an interesting question. Yeah, they could be looking at earnings but, again, the betting anyway is that joe biden is likely to win the election on november 3rd and given everything that is . The is in the biden proposals next year you would think that would probably suppress growth. Higher taxes, higher business taxes which would trickle down to affect consumers. He would put a stop to, reverse much of the deregulation that the Trump Administration<\/a> has done to stimulate growth. So i think there is, there is a sense in which the market may be trying to discount the fact that there will probably be a Slower Growth<\/a> economy next year and that may explain why so many wall street economists want a stimulus bill now. They would like to see that two trillion injected into the economy ahead of the biden presidency next year which i think is going to be bad for economic growth. Youre saying something ive been hearing a lot of, that the market is looking at this saying it is a slamdunk in some ways for joe biden, not necessarily taking into account what we saw last time leading up to the election. The polls did happen to have it wrong. There was a silent ma scott out there that voted four the president. Im not saying it is going to happen again. I dont have a crystal ball but it is certainly possible, dan. Could optimism actually be that the market thinks President Trump<\/a> will be reelected . It could be, this is sort of based on the idea there is a large tranche of socalled silent trump voters that indeed would be the purpose of the president doing so many rallies. I mean traditionally you would think these rallies would be doing nothing more than solidifying the trump base when in fact he needs another five or 6 of voters put him across 50 , socalled undecided voters. I myself think the president really could use a big national event. He pulled out of this weeks debate. Maybe there is going to be one next week. But, it is a little difficult for me to see how just trump rallies will put him across the goal line. I think something larger than that has to take place to open, to close this gap with joe biden. Really quick in the final moments here. Were watching big tech, were watching the nasdaq coming out of correction territory and there are a lot of investors betting on the amazons, facebooks, googles of the world, a joe biden presidency would be very bad for those companies. Yeah. The democrats have been extraordinarily critical of big tech and i think they are probably going to move on the antitrust front to try to suppress them and that cannot be good for the share price of those companies that have been driving the stock market for as long as they have. Dan henninger, great to see you. Connell, send it back to you. Connell jackie, well spend the entire week here in florida obviously looking at the economy and looking deep into certain voting blocs that could help decide the outcome on the third of november. Today we start with Senior Citizen<\/a>s. The senior vote President Trump<\/a> won it easily in 2016. Nearly 330,000 advantage in a state he won over Hillary Clinton<\/a> by 113,000. Polls show joe biden ahead of the president among those 65 and older. It is a concern to the Trump Campaign<\/a>, the president will be in the area, first time back on the trail since contracting covid and Vice President<\/a> mike pence was here over the weekend. He stopped by the villages, wellknown Retirement Community<\/a> which is an hours drive to our north. Weve been out and tried to speak to as many voters as we can ourselves. We have seen some of the potential roadblocks for president s reelection in those conversations. Number one his response to the virus hurt him. The polls show that with Senior Citizen<\/a>s. Some seniors also have been telling us that the president may be losing support though among those who value the military. All right. Look like we had a little trouble with the voters in florida. Maybe well get back to that later in the show. I will say this, one comment we had from one gentleman brought up president s comments in the past about late senator john mccain. That rubbed him the wrong way. If it is not the virus, i will say at the same time the president had enthusiastic supporters. Well play a clip of that as well. Well try to do that later on in the show. Because he is counting on the enthusiasm of voters to make up for some gaps in the polling data. Well try to get the voters on as we continue from here in orlando, a little bit later on in the show. If we have any ready you can tell me i can go to it. Otherwise we will continue, because seniors are just one group, jackie to watch in florida. As we continue through the week a closer look at suburban voters tomorrow from tampa. Potential shifts i should say in the latino vote later in the week from miami. Here is one group of voters here, the ones enthusiastically supporting the president before we go back to jackie. Take a listen. I think because he gets things done. Hes threw all the negativity that democrats have given him and all the wild been on a wild ride . Yes. A wild ride. Taking care of our elderly. Im a Senior Citizen<\/a> on social security. Our va. Our va. Our vets. He has done what he said he was going to do. Connell jackie, gives you the idea the polling doesnt look great because the president won this group by such a wide margin the last time around f you lose a little bit of that, you have to make it up somewhere else. Later in the week we take a potential shift in other demographic groups. For now back to you. That is always interesting when you talk to the folks, im wondering, were looking at florida, were looking at texas this time around, these are states typically republican but theyre turning more purple as we speak. Talking to folks on the ground, are you getting that sense . Are they more purple than they were . Connell in other states, we had a conversation in georgia, you see some of that much closer than it has been in the past. What happens in states like that, north carolina, texas, at the end of the day they go back to what they have been. That is what some of the experts have been. Even though theyre leaning direction in some of the polls in the end they go back to what they have always been, republican in recent elections. The president needs to win to florida in florida. The path to 270 pretty much doesnt exist without the state. Fears of a second wave may be on the table. 18 states are reporting 25 increase in new daily coronavirus cases. Well tell you where later this hour. Plus much more from florida, connell. Connell yeah. Well have the Tourism Industry<\/a> covered. Of course it has been left realing from the pandemic especially here in Central Florida<\/a> where we are. Next up the Orange County<\/a> mayor, Jerry Demings<\/a> joins you on the billion dollar hit to the local economy. The advice he has for joe biden if the former Vice President<\/a> hopes to win in this state. Demings is a big democrat in this area. Were live from orlando. 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<\/a> 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<\/a> 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<\/a> 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. The military, i mean what he said about mccain is, i mean, the nerve to Say Something<\/a> like that, a hero like that when he kind of weaseled out of vietnam. So i, any vietnam veteran is normally a strong republican at this point might be getting second thoughts about that. Connell interesting, they have changed their mind you think . Just the things he said about the military in general, and his treatment of mccain, was part of the greatest hero of my lifetime. Connell fair and balanced as promised that is the biden supporter we reference ad few minutes ago talking about potential roadblocks for the president with the Senior Citizen<\/a> vote here in florida. Now florida of course is the ultimate swing state. Where we are in Orange County<\/a>, is democratic strong hold when it comes to politics. Hillary clinton won here with more than 60 of the vote four years ago, joe biden would need similar or better numbers if he wants to turn the state blue. The mayor of Orange County<\/a> is Jerry Demings<\/a>. We stopped by to talk to him about the economy and much more. Mr. Mayor, thank you for letting us coming on. The area has been hit so hard because reliant on tourism. How are you doing now . Are you bouncing back at all . Were beginning to slowly bounce back but i have to say we have a multibilliondollar impact on the economy. Convention Business Impact<\/a> weve seen 1. Billion dollar impact. When we add the impact from our theme parks and other impacts, so we believe our economy will be ushaped. We think it will likely be a threetofive year time frame. Connell republican governor, ron desantis said basically the state can open up. Is there something youre doing to override any of that . Because that might have an impact short term on the economy or are you on board with many of the governors rulings . I think when the governor made his announcement on september 25th that businesses can reopen what he had not adequately done communicate with local governments. We got the notice after 4 00 p. M. On a friday. The order took effect immediately. So there was not enough time to really communicate to our resident the what the governors order truly meant. What we have seen since that. Is a lot of confusion throughout the state about what the order means. It did preempted local governments, being able to for example, impose fines on individuals. Connell so someone doesnt have their mask on, you cant fine them . Well, thats correct. But what we have done here is has been very proactive. We have a Public Awareness<\/a> campaign and a Compliance Team<\/a> of individuals that go out to our businesses and inches speck them to make certain they are following the cdc guidelines. Connell let me ask you about politics. That is why were in florida this time of year in the year 2020. The state is always close and you know a lot about Democratic Politics<\/a> having served in a number of positions yourself forepeople that dont know, your wife is the congresswoman, val demings who is considered as a possible running mate for joe biden. You guys know the politics of this area. Tell me what is going to happen this year . What normally happens in florida at least in recent history, you might see a democratic candidate ahead in the polls in a statewide race for president or governor or senator. Then the last few weeks the lead goes away and republican wins by a couple points. If this year is different why would be different for Vice President<\/a> biden . Im a student of politics, certainly the politics in the state of florida and Central Florida<\/a> area. My prediction biden will likely win the president ial elections here within florida this year, albeit i think it will be a close race. I believe he will likely win because people are frustrated now because of the high Unemployment Rate<\/a>s we see here within florida and theyre really has been i think, a lack of leadership and clear direction from the top, from the white house right down here to our governor as we have dealt with the pandemic in recent months. Connell now what ive seen biden is doing better among some groups that President Trump<\/a> did well last time. For example, Senior Citizen<\/a>s, maybe not doing as well in the Minority Community<\/a> as Hillary Clinton<\/a> did last time. If that is the case, will he have a tough time winning at the end if he is not able to turn out those voters . There is no question this will be a close race. I think that biden is going to have to get into florida and make certain that he interacts with the voters here within florida. Connell in person . In person. He is going to have to step up his game in that regard but my sense of it is, there is a certain amount of frustration that is going on with america now being a divided america. I believe that citizens want someone to come to the middle to unite us and, at this point, i think that the president s rhetoric has been somewhat divisive over time and continues to be that way. We all look for some hope that someone can bring us to the middle regardless of the politics. So were looking for a change i believe. Connell is he really middle of the road . The argument from the other side is that the left side of the party will pull him to the left on a number of issues . I think that what you will see is that he is going to come more to the center. Because he has to, because that is where the majority of americans are. His message has to resonate with those who are the fencesitters, who have not determined who they are going to vote for at this point. I believe that is where this race is either going to be won or lost and i believe that biden has, at this point a slight momentum here in florida Going Forward<\/a>. Were just really days away now from the november the 3rd election day and of course vote by mail already began. Early voting will start soon here in florida. Connell that is more democrats doing that than republicans . Are you worried about the vote by mail process in terms of getting it counted and any problems it might come up there . I have been assured by our local supervisor of elections that they have the appropriate cybersecurity protocols in place as well as the mail, security protocols in place and so i believe that there should be no problems with an accurate count during this election cycle. Connell demings is a selfdescribed moderate democrat. He is a former sheriff and police chief. So when i was speaking to him i asked him about the Movement Among<\/a> some in his party to defund the police and he says, in his view at least there are vocal minority and that most people he speaks with actually disagree with the set meant, it could be sentiment to catastrophic to minority communities. That is interesting take. Jackie thank you, connell. New york to london, seven hours and 14 days, how long it takes because of the quarantine requirements but u. S. Officials working on using increased availability of covid19 testing to reduce the quarantine time for travel to london. That is according to a report in the wall street journal. Any plan would need approval from the u. S. And uks government as well. Diane retired and opened that pottery studio. How did you come up with all these backstories . I got help from a pro. My financial professional explained to me all the ways nationwide can help protect Financial Futures<\/a> in peytonville. Nationwide can help the greens get Lifetime Income<\/a> because their son kyle is moving back home and could help set up a Financial Plan<\/a> 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. You have cancer. How their world stopped and when they found a way to face it. For some, this is where their keytruda story begins. Keytruda a breakthrough immunotherapy that may treat certain cancers. One of those cancers is advanced nonsquamous, nonsmall cell lung cancer where keytruda is approved to be used with certain chemotherapies as your first treatment if you do not have an abnormal egfr or alk gene. Keytruda helps your immune system fight cancer, but can also cause your immune system to attack healthy parts of your body. This can happen during or after treatment and may be severe and lead to death. 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Jackie the battle lines drawn in washington. The first day of hearings for Amy Coney Barretts<\/a> nomination to the Supreme Court<\/a> is in the books. Lets go straight it Hillary Vaughn<\/a> on capitol hill for those details. Hillary . Reporter squawkky todays hearing was less about judge Amy Coney Barretts<\/a> judicial history and more about the timing of this hearing, the politics and of course the president. The bottom line is Justice Ginsburg<\/a> when asked about this several years ago said that a president serves for four years not three. There is nothing unconstitutional about this process. This is a charade when they say this is a normal Judiciary Committee<\/a> hearing for Supreme Court<\/a> nomination. There is nothing about this thats normal. Wait to confirm a new Supreme Court<\/a> justice until after americans decide who they want in the white house. Reporter this hear cog have been mistaken for one about obamacare. It is the topic that dominated Senate Democrats<\/a> opening statements. Talking about an upcoming aca hearing in front of the Supreme Court<\/a> just one week after election day. You are being sent to the bench to do his political chores. Democrats and their allies shouldnt claim to know how any judge would rule in any particular case. This Supreme Court<\/a> nominee has signaled in the judicial equivalent of all caps she believes the Affordable Care<\/a> act must go. I will object to anyone, anytime, anyone who tries to attribute to you a policy position and hold you to that. Youre not a policymaker. Youre a judge. Reporter after several Senate Democrats<\/a> accused President Trump<\/a> of courtpacking by trying to fill as many vacancies as possible before he ends his first term in the white house others have said that is not what is happening here. Court packing is destroying the system we have now. It is not reforming the system we have now. And nick who uses the language that implies filling legitimate vacancies is actually just another form of court packing, that is playing the American People<\/a> for fools. Reporter jackie, tomorrow they will begin questioning judge barrett and a lot of those democrats will try to get her to say how she will rule on the upcoming hearing on election day on the aca. Jackie . Jackie Hillary Vaughn<\/a>, thank you so much for that report. Connell all right, fox business alert for you as were following the president , President Trump<\/a>, the motorcade rolling up as we speak to joint base andrews. It is up the steps of air force one to the flight down here for florida that Campaign Rally<\/a> we mentioned earlier in the program. So lets get you set for that. Mark meredith already on the scene just to our north in sanford. He joins us from there with the latest as they wait for the president. Mark. Reporter connell, good afternoon, the president will have a large crowd waiting for him as he touches down in sanford. As you well know, it is hot in florida. They are braving temperatures close to 90 degrees. That doesnt seem to stop the turnout. What it is like for us here at the sanford airport. Look at the crowd already gathered here. These people have been waiting for several hours. Most are not wearing masks. There is really no social distancing whatsoever. The Trump Campaign<\/a> did take temperatures of the press corps as they were coming in. Supporters were telling me they also had their temperatures taken as they came in as well. But we did not see anything radically different from what weve seen at other campaign rallies. I was just out in nevada a few weeks ago. That was a massive crowd as well where people really did the same setup. They came out to an airport. They felt this was a good spot for them to be because theyre outside. Not a lot of masks or no social distancing. Talk about where things stand in florida right now, with the Trump Campaign<\/a> still trailing joe biden at least according to the real clear politics average in the state by roughly about four points. But this is a state that the Trump Campaign<\/a> has put a lot of time, money and energy to. I think about the president s several trips down here during the midterms, certainly trying to get the vote out in 2018, making himself a florida resident. He and the first lady. The Campaign Says<\/a> they have a decent shot at winning. They won it after all in 2016. Here in Seminole County<\/a> the president won by 3500 votes four years ago. Not a big margin of error out there. The president will have a supportive crowd when he gets out here. Hopefully temperatures cool down a little bit as we get close to sundown. Connell mark, as you said that looks like the exact same setup before the president contracted covid. There he is goes up. A little bit of entrance than joint base an draws, getting out of a suv as opposed to the beast limousine he normally uses and also the lower steps there as he gets in a different fashion to air force one, close to the front of the plane. All right. So President Trump<\/a> is back officially on the campaign trail, leaving the white house for an out of town event for the First Time Since<\/a> he had contracted covid19. Our coverage will continue of the as we said he is headed here to florida. When we look at florida from an economic point of view the pandemic forcing some of the nations largest theme parks to certainly rethink operations as usual. Well have an inside look at seaworld where we are today. They are hoping to lure the visitors back in. They also say theyre staying true to what they say is the true mission here. During covid everybody asked what are you doing . Our front doors were closed but backdoors of rescues are wide open. Connell still doing rescues during covid . Nonstop. We did over 70 rescues during the covid period. Sights in your customized view of the market. Its smarter Trading Technology<\/a> for smarter trading decisions. Fidelity. The rx crafted by lexus. Lease the 2020 rx350 for 409 a month for 36 months. Experience amazing at your lexus dealer. Connell back here in orlando, you know, perhaps more than anything any other place in the country tourism drives the local economy here in this area, to put it mildly. 2020 has been tough. Covid hit, travel, basically stopped. The Unemployment Rate<\/a> in the Orlando Metro<\/a> area actually peaked at 21. 1 back in may. It improved. Back down to 11 . Compares to 3. 1 at the same time last year. Even though things are improving a little bit the layoffs havent stopped. We had in the news disney recently adding to its total, indicating more than 15,000 of orlando area employees have been cut since the pandemic started. Other companies, universal orlando in the middle of another round. Seaworld is not immune from the economic pain. Interim ceo mark swanson kind enough to join us. Thanks for lefting us in the park. Great backdrop. Connell, were so glad youre here. We have three parks open in orlando and two down in tampa, notably busch gardens. We have gone to a lot of work to make sure it is safe. People are around us. They were having a good time. Connell we have people out and about. Levels are down than what you normally think about, is understandable. How are you doing . Are you seeing signs of life or how are things going . Freight to see families coming out having a food time. When we been open, attendance on the low end, 10, 15 of prior year. We have days were over 50 depending on the park, depending on the day. Were excited people have come out to have a good time. Were taking care of the safety aspect of that what hasnt changed to come out here to have a fun time. Connell on that safety aspect, you dont have a number . The state is not mandating anything now as i understand it but are you mandating how many people you would let in . Are there times yet, this would be a sign of demand because you cut back a little bit . Certainly days we reached that capacity level. What we do, we kind of take what are peak day would look like. At a park like this, say on a peak day we do over 30,000. We back up from there, what can we comfortably do and still create the right distancing in the park where people come here, have fun, still have the distancing and still keep everybody safe. Connell that number is not set in stone . You eyeball it a little bit . We have a really good team of people doing this for a long time. We monitor at the front gate. Were able to control the crowd and move people around a little bit. Look, were evolving. Well continue to evolve as we go through this. Connell speaking of evolving, let me talk about the business with you. I mentioned layoffs and other Companies Similar<\/a> situation to you. How are you managing the workforce and what are the plans Going Forward<\/a> in terms of headcount and the like . Were doing what weve been doing. We had a record 2019 adjusted ebitda. We had a record start of 2020 through february. Well keep doing events. You see behind me the christmas trees. Were doing halloween right now. Were doing beer fest. A lot of these type of things have been canceled in other types of the country but we have found ways to do them safely. Connell you had to roll back, cut back on some jobs, right . We did have to cut back. My point well keep moving forward. If we keep doing these events more and more people will come out, see you can come to a theme park, have a great time and feel safe about it. Connell i guess the question in everybodys time, has been from the beginning is time frame. People said well never go into the fall to still have this virus around affecting our lives but here we are. Do you have any sense yet of when demand comes back . If it doesnt, will you have to go and implement another round of costcutting measures or layoffs or that kind of thing . I dont know exactly when well get back, i dont know anybody does. Connell no. Certainly vaccine is going to help. More and more people showcasing, were showcasing what were doing in florida, what were doing in texas, what were doing in pennsylvania, which is operating parks very safely and welcoming people back. Connell right. Ceo of the company that is what im focused on. Connell what about california, disney run into issues out there. You have a park in california. We do, we do. What we keep pointing to the folks in california were operating across other parts of the country very safely, welcoming people back to not only to work, right . Getting jobs back, people, families, coming out to have a good time. Connell the government put more restrictions in place out there. Certainly more restrictions, im asking about your park out there compared to here . Were not fully reopened in san diego. We look forward to that. Well look forward to others in the industry. We have a vested interest in getting to that point. Well showcase what were doing in other locations. As a father of three kids. I think it is important that people keep out. Connell what do you think of the governors approach here in florida. Which has been a bit more, not has been as aggressive as Governor Newsom<\/a> in california . Governor desantis allowed the state to be wide open at this point. Up to you to decide. What do you think of that . We received wonderful support from the state level and local level. We worked closely with both parties. I think both parties recognize how important turism is to the state of florida. Were thrilled our five parks are open. We have cant wait to welcome more and more people back. Connell thanks for being here. Interesting conversation. Good luck. Hopefully it comes back sooner than later. Thanks for having us. We look forward to come back. I hope to see many of your viewers down here soon. Connell mark, thank you. Good day here at seaworld. As we continue well have a lot more from here in florida as we continue to in a few moments. We have a little bit more perspective, jackie. Back to you in new york. Jackie ive got a fox business alert, connell. Disis up after hours after announcing a strategic reorg seeings of its media and entertain businesses. Further to accelerate the companys direct to consumer strategy. In light of the rapid success of disney plus making streaming its primary focus. Well be right back. When i was in high school, this was the theater i came to quite often. The support weve had over the last few months has been amazing. 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Aerotrainer works for families, beginners, and athletes. Use it anywhere. Even strengthen your core while watching tv. Head to aerotrainer. Com now. Aerotrainers unique design allows for over 20 exercises for a total body workout, all while maintaining safe, correct form. Now its your turn to lose weight, look great, and be healthy. Get off the floor and get on the aerotrainer. Go to aerotrainer. Com, thats aerotrainer. Com. Connell the nation still on high alert. At this point we have over 30 states reporting new covid19 cases this past week compared to what they reported last week. Four states, vermont, new mexico, tennessee and are grappling with a 50 jump in new case during the same time period. Here in florida, Health Officials<\/a> reported 1500 new cases today. After they added 5500 new cases over the weekend. Add it up more than 736,000 confirmed cases here in the sunshine state. The total number of covid cases in the United States<\/a> has passed 7. 8 million. Jackie . Jackie wow. Innovation in the fight against the covid19 pandemic, a noninvasive ventilator designed by a Technology Company<\/a> could help reduce the burden own Health Care Providers<\/a> while allowing more patients to benefit from an affordable and high quality solution. Here with us now, matthew putnam, ceo of nanotranics. Great to see you, matthew. I want to jump in, you had covid19 which might be the impetus for why you developed this device. Tell us . Yes. I had covid fairly early, in early march and i was able to treat it at home. I was really early in this. I wanted to stay out of the hospital at the time when hospitals were getting more and more crowded. Research started to come out that being admitted to hospitals and being in icu was not a safe venture. Turned out eight out of 10 patient the intubated on invasive ventilators died. So anyway to stay out of the hospitals to stay out of icu while keeping the blood oxygen level up was important to me. Jackie i want to talk about the cost here. It is really staggering. Similar types of devices could be very expensive. You built yours for 300 to the patient. Right. So were talking up from 1500 to 14,000 for Something Like<\/a> this that would, that it would normally cost where we sell it for 300. As a discharge device from hospitals or direct to patients or around the world. It is, something we did, got emergency use approval in 90 days but being affordable is really important. The country spends a lot of money on venttation. 14,000 per patient on full intubation. The cost is great and the outcomes are poor. Jackie it is interesting because you talk about that emergency approval. It has been something that is part of the discussion when it comes to some of the therapeutics and the drugs were looking at with the fda that was real quick, 90 days to get that, sort of the timeline were looking at here. Yeah, everything is urgent these days. Every day we need to find new types of innovations to make life liveable at home, to get us back somehow to a way that we feel comfortable and being able to breathe is the bare minimum of being comfortable. It meant a lot that we could push through innovation to make this happen and really good that the fda supported that. Jackie how many devices are you building, supplying now . How will you sort of produce this on a mass scale and how quickly . Right. Were making hundreds, actually thousands of these. And we use something called intelligent factory control. We were very lucky that we as a company were already doing things like this. Were using Artificial Intelligence<\/a> to build smart factories for our customers and everything from genomics to semiconductors. So this was a chance we could use the latest of technologies to very quickly scale something in america, employing americans in this market for the world. Really helps. Really quickly, matthew, do you have anything else in the pipeline related to covid19 or just focusing everything on this . Were working on some things that will help bringing care to peoples houses that may be involved then with being able to use devices for teletherapy and making devices better. Continue to make them lowcost and add more features to them. So you know, we continue to look and work on these kind of time scales that weve seen are 90 days. We know it is important to never sleep if we continue to build. Jackie matthew, great to see you. Thanks so much for sharing your story with us. Good luck. Thanks, jackie. Thanks for having me on. Jackie connell. Connell interesting stuff. We do have some good news, jackie for the nfl to report today as the Tennessee Titans<\/a> who you might remember were the team with the leagues first covid19 outbreak did not report any new positive results from yesterdays round of testing and the new England Patriots<\/a> also no new positive covid19 tests. Both of the teams on track to play in their rescheduled games. Well have you tried thinkorswim . This is totally customizable, so you focus only on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. My husband would have been on the sidelines. 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A reverse Mortgage Loan<\/a> isnt some kind of trick to take your home. Its a loan. And its taxfree cash just when you need it. Its about making your retirement better. Call today and find out more in aags free, noobligation reverse Mortgage Loan<\/a> guide. Access taxfree cash and stay in the home you love. Of course, you can use it to pay some bills, cover medical costs, update or repair your home. But best of all, it eliminates those monthly mortgage payments so you get more cash in your pocket, every month. Learn how you can use a reverse Mortgage Loan<\/a> to cover your expenses, pay for healthcare, preserve Retirement Savings<\/a>, and so much more. A lots changed since 1961. Since then over a million Older Americans<\/a> have used a reverse Mortgage Loan<\/a> to finance their retirements. It meant so much to nellie, maybe it could mean as much to you. Call now and get your free infokit connell welcome back to orlando, everybody. Economy series report. Its interesting, we heard from some of the voters earlier in the show, and theres one observation, weve been doing these swing state shows for the better part of a year. We started last november getting out, speaking to voters, but something started to change, and i dont know if we should make anything of it. But it was so easy early on to talk to voters, even as recently as late summer in places like pennsylvania, wisconsin, michigan and other swing states, voters were so engaged in the process. That was not the case here in florida yesterday. Let me tell you, we had a tough time getting anyone to talk about politics. Now, you could be thinking thats just you, connell, they just dont want to talk to you, you put people off, and that may very well be the case, but i was struck by that. The answers were im done with this, i dont want to tell you who im voting for because everybodys so worked up, and they were reluctant to, you know, do an interview. So it was interesting. Jackie that is interesting. Certain people dont want to go on the record, and weve talked about this before, how polarizing this election really is, and its difficult for people. We brought it up at the top of the show that maybe there is a silent majority, and maybe theres not. As you said, maybe you cant read too much into it, but its interesting, for sure. Connell well know on november 3rd or the days afterwards. Youre right, its hard to know exactly how to read into that. It could be just fatigue with politics. I do want to also mention we have a whole week planned here in the swing state of florida. Were headed to the tampa area, and tomorrow well see you from beautiful clearwater beach, and theres a look live at the beach. As you can tell, at least as far as i can see, theyre getting ready for us as we speak, and we will be on the Volleyball Court<\/a> there this evening. This should be fun. Well be in clearwater, then the fort myers area by the end of the week, on thursday and friday. Jackie it looks beautiful there. Connell it is. Its hot here in floridaful always fun doing the show with you, Jackie Deangelis<\/a> back in new york, im Connell Mcshane<\/a> in florida. Well see you tomorrow from beautiful clearwater. Its lou dobbs tonight that starts right now. Have a great night. Lou good evening, everybody. Opening statements in the Supreme Court<\/a> confirmation hearing of judge Amy Coney Barrett<\/a> started today in the senate. And from the very going of the Judiciary Committee<\/a> hearing, the radical dems made it clear they would be just as vicious and vile as ever. I think will use this hearing as a means with which to attack President Trump<\/a>, as they did today, as well as republican senators who are up for reelection next month. And they will do so in the nastiest and vilest of terms. The radical dems Vice President<\/a> ial nominee, senator kamala harris, and former dem president ial","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia601703.us.archive.org\/9\/items\/FBC_20201012_200000_After_the_Bell\/FBC_20201012_200000_After_the_Bell.thumbs\/FBC_20201012_200000_After_the_Bell_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240716T12:35:10+00:00"}

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