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tv   The Journal Editorial Report  FOX News  October 30, 2021 12:00pm-1:00pm PDT

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welcome report, i am paul gigot. but as caps on to have a proposal to select their next widely seen for an extra's midterm elections and from your three days to go until election day. my new foxhole glenn duncan pulling ahead of mcauliffe with businessman pleadings the former governor by eight percentage points against voters, 53 -- 45. the spring and holster,
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president and ceo he joined me now from virginia. have a statewide race in virginia and more than a decade, why is this one so close? >> i think a couple of things, if you look at a poll released yesterday a national poll, the honeymoon is premature over for biden, his numbers declined to negative on his job approval. a 40-point shift in terms of independent voters but usually what you see in terms of intensity, a major factor here in virginia right now, the president serves as the gravity to bring the numbers down i also think you and mcauliffe, someone who stopped the campaign not knowing where to go, he started
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off talking like an incumbent but he hasn't been in income but in four years and that's a lifetime in politics so he got off to a bad start, gave going duncan determine as the new person talking about what can be done to the future of the state and i think the combination of those two things but the race ever since labor day is a very close brace with more intensity for the republican for young can youngkin for older incumbent. paul: i want to get too young can but first, i want to get to mcauliffe. i looked at his campaign, he seems to be running on two things, going youngkin is just not trump and if you elect him, he will get donald trump all over again. the other thing is vaccine mandates, he's portraying youngkin as anti- vaccine, he's
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running those two things. are you saying they are not resonating like mcauliffe anticipated? >> absolutely not. first of all, in terms of going after trump, it's true, he's run 7500 individual commercials in the markets across the state. by election day, 7900 that are antitrust trying to connect the two of them together. those numbers already baked into the data when the race started and frankly, it's not done anything to move the numbers and certainly hasn't done anything to increase intensity that's been cross pressured with part incumbent president to raise intensity with those photos. it worked well trump was president, it doesn't seem to be working right now. paul: how about the vaccine mandates? >> the vaccine again a little bit off message. he's talking about vaccine
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mandate but at the same time he had to air on the education issue and parent shouldn't have a say in education. that's been a much bigger factor and in northern virginia with many parents who sought a and took a step back in terms of how could he say that when we are so involved in our children's education? paul: when you look at the call results, exit polls from 2018 and 2020 what you saw was republicans in the suburbs, northern virginia or washington d.c. and the question i've been looking at, is the selection going to be a test whether republicans in the post- trump era can win back the support in the suburbs? are using the shift back to republicans in your pulling?
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is this election a test whether they can do that? >> were certainly seeing it in the counties in northern virginia, education issues, a major issue in the county looking like it's much, much better. also republicans are doing better with independent style and explain into this race and a major factor into this race but it may also be better because intensity of democrats turning out in the election is much lower. that is a factor that will -- not one 100% vote on election day so who does vote will matter and will show up different results in past elections. paul: if youngkin pose this out, one of the lessons going forward for republicans in 2022? >> number one, lesson is the
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factor of incumbent president acting as gravity and pulling down intensity.on their boat. traditionally, that's what happens and that will be a factor there. how much is the trump factor in terms of motivating the democrats going to be a factor? is the habit of american voters to be better at pointing with pride which is why the incumbent parties voters tend to be less intense. they will have to get a message out there. right now biden is in a difficult position, up and down repairs approval, who tested eight other issues on handling of the issues and in a more specific way and the only issue is right side up in terms of positive is the handling of covid but really what you see driving the voters right now, concern about the economy and
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inflation, concern about prices of the cost of living if they don't come up with a message for his votes he's trying to get doesn't have immediate impact on that, it's going to be a major issue in 2022. paul: appreciate it. we will have much more on tuesdays race in virginia after the break from the trunk factor to the fight of our parental involvement and schools. look at our panels take on the national mood heading into the 2022 midterms. ♪♪
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how well do you know terry's apartment? just remember this, iran against donald trump. [cheering] terry's running again, and accolade of donald trump. paul: president biden, terry mcauliffe in virginia where he repeatedly leaked when youngkin
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to former president donald trump who lost that state by ten points. former president such a hold a rally for yanking on the day after teasing an appearance in the state earlier this week. spring and deputy editor, dan henninger. cognitivists kim strassel an editorial board, kyle peterson. dan, you look at this race, what political blessings are you drawing from the fact that this is so close? >> the biggest one is the so-called trump factor or issue in states like virginia and swing states. as we saw with president biden, the democrats are obsessed, remain obsessed with donald trump and used trump all the time as a weapon against their opposition but i think you
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misunderstand the trump issue. donald trump is a unique political personality. to vote against him in the last election was overwhelmingly about personality, not his politics but terry mcauliffe has been trying to say in effect when youngkin is donald trump. no one is donald trump so i think it strikes most virginia voters as absurd to link him to the personality of donald trump and that has real implications going forward in the midterm election or even the presidential election four years ago when democrats continue to make this week association between republicans and trump's personality. paul: kim, elaborate on that particularly the jump from the want to do is get republicans to repudiate trump and they can say to terms voters, divide them and they won't turn out or get him
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to fully embrace trump and say you are just a trump -- youngkin is trying to triangulate, how has he done it? >> he's done a remarkable job mcauliffe has tried to make him choose between the southern part of the state voters in the suburban voters increasingly have been a major source of strength for democrats so what young contestant, he's neither embraced or disavowed trump, he's in the middle there. secondly, he's chosen specifically issues that unite both sides of those voting in class of job creation and education. those are issues that run across demographics and everything so
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that is why you see independents moving over especially in northern virginia. paul: kyle, talk about that education issue. i'm trying to think back from a horn was the last time republicans had.on education issues? probably 2000 with george w. bush when he ran for president so what has he done on the issue to give him the advantage? >> he has elevated it, parents are upset about a lot of things, school closures, mask mandates, curriculums, critical race theory being taught so what youngkin has done is forced got into the campaign, the debate were terry mcauliffe essentially says i don't think parents should be telling hospitals what to teach so the other test of the selection will be whether that issue works for
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republicans. the swing for democrats in suburban counties and william county was 20 points when donald trump came into office in 2016 and if education is an issue, it can bring the counties back to republicans, i think will hear a lot more with her before the 2020 midterms. paul: if mcauliffe triple this out despite the undertow from biden dynamics within talking about, what will that say about the republican come back and ability to win these swing states? >> i think the lesson has already been learned, this election will be closed and no matter who wins, it's clear independent voters are at play again especially in a state like virginia which many thought was really trending solidly democratic. if you have the close election
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here, it puts in place swing states all over the country, michigan, wisconsin, independent voters continue to sour on the democrats hill? >> it could be really big because it would send a shock and scared through the moderate they need to finally sign onto the reconciliation bill, they might back away. paul: could kill the bill? >> it's possible, i'm not assessing yet but certainly it won't help get this across. paul: when we come back, with his domestic agenda on the line, president biden making a last-ditch effort on his spending plan. $1.75 trillion price tag is
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phony, the social and physical damage would be very real. kevin brady joins us next. ♪♪
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and a final and probably unsuccessful gravel, president biden thursday and failed paradigm $1.5 trillion spending plan financed by 15% minimum tax on corporations more irs enforcement and new taxes on high earning americans. the president continuing to claim his plan is fully paid for and insisting he's not trying to punish success. >> i want to punish anyone to success, i'm a capitalist. everyone to be able too if they want to be a millionaire or billing or, to be able to seek their goal but all i'm asking is
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pay your fair share. pay your fair share. pay your fair share. paul: joining me now, texas congressman brady, republican or tax-writing house ways and means committee. welcome. good to see you again. >> good to see you. paul: 1.75 trillion, cut in half at least the top like number democrats were advertising. tax increases out of the ways and means committee, tax rate increases, you feel better about the bill? >> no i don't, you could do just as much economic damage in a smaller amount as a larger one. in washington, you can snuff 10 pounds of bad ideas in a 5-pound sack and that's what they did here both on the tax side and spending five. while it's true most of probably
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95% is intact, still they found ways to raise $1.2 trillion on america's job traders, small businesses and large businesses. they came up with about half a truly dollars of spending on green welfare subsidies and i worry on the spending side, they have to programs that we think this incentivizes 2 million workers to leave the workforce in a time you know we need them. if i were the president coming off gloomy economic ways, last quarter, if you would take inventory out, economic growth was essentially zero last quarter, i would not be doing things to sabotage recovery further. paul: but talk about the tax policy, they say there's roughly about $2 trillion over ten years in tax increases.
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president says pay your fair share. i guess he's talking about rich americans. top rate surtax is would be in the upper 40s for the federal level and all the way to 60% if you're in california and new york. attire and since the early 80s. is that a fair share? >> we have one of our most aggressive tax codes among all developed countries. we've done that regularly, tax revenue are at historic highs and much of that grossest from high earners who affect tax cuts drawbacks shoulder a bigger burden of america's government funding at the end of the day what you do is punish americans who invest and work and strive hard to create jobs and growth
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and wealth, you discourage that growth behavior so on the business side, same thing. you're going after businesses that continued to grow. they are looking at ways that punish businesses and do research, find new equipment and new technology to become more productive and competitive around the world so it's continued to be very antigrowth tax hikes that damage the economy at exactly the worst time. paul: he mentioned tax increase on small business, why don't you explain how that would work. are you talking about the hardware store owners, some of these larger big companies and pass-throughs, some can be upwards of 1 billion-dollar companies. >> the short answer the
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expansion of net investment tax 3.8% so less of the capitol you've generated for investment. and you also limit the losses for companies. you oftentimes as you do in pandemic years, pretty usual to do that. it's about 170 billing dollars tax hikes on small businesses, investment drive set up over $400 billion. that's a big hit on companies that oftentimes generate nearly half of the jobs in the u.s. paul: on the corporate side, you're not going to impose 15% corporate minimum tax but here's my concern. they are going to have exemptions they've already said, clean energy investments, all
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kinds of green energy. exemptions i think for forwards, and exemption for research and development tax grab. by the time the lobbyists get there, i wonder, who will be paying the minimum tax if they claim over 320 billion over ten years and revenue? met the numbers don't add up but it's going to be full of loopholes. it will land on january manufacturers and energy companies, technology companies in the u.s., it resembles a tax on made in america effect but it's full of special interest but it still damaging, $300 billion, equivalent of three-point, or, the differences scattershot. paul: we appreciate your insight. talk to you soon. ahead, attorney general merrick
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garland continuing to defend the justice department school board and asked national scoreboard association apologizing for the letter at the center of the controversy. d ♪♪
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have you considered chilling effects this sort of threat of federal prosecution would haunt on parents exercise of the constitutional right to be
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involved in their children's education? >> i don't believe it reasonable to read this as killing anyone's rights, as threats of violence and expressly recognize the constitutional right to make arguments about your children's education. paul: merrick garland on capitol hill continuing to defend his memorandum directing the fbi and u.s. attorneys to look at threats against school officials even after the national school boards association apologized for the letter at the center of the controversy suggesting the threat and acts of violence of the school board meetings might be domestic terrorism attorney general insisting justice department aimed to crack down on violent not to intimidate parents from speaking out about their child's curriculum. we are back with our panel, dan henninger, kim strassel and kyle peterson. kyle, you heard the attorney general, do you believe him ask. >> the problem i think the biden administration was trying to do
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constituent service. merrick garland is a smart guy and knows this is not an area for federal law, if there throughout going to school board members, that's for local police, state police and i think they thought they would issue the letter intake we are taking it very seriously and will set up meetings for you guys and it would be in the headlines with the guys did was serious blowback. paul: the national scoreboard association, are you saying they generated this? were they doing this and who were they working with? >> they were working with people at the white house, there's reporting on that now which is interesting in the context of this story but the national school boards association was not consulting with its own board sending the letter, not consulting with its own members some of whom were very upset about this. paul: .
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her mother have been significant blowback, do you think the attorney general was caught off guard? given his reputation on this reasonable moderate person, what is going on here with the ag? >> one of the questions, and we need to know more, we know national scoreboard association was in touch with the white house, was the white house in touch with the department of justice? was this in order, command, was he pressured to go down this road x we don't know and he's not going to say but it's remarkable, they knew this was coming in the context of all of these parent protests around the country, it's remarkable he'd go there given complete lack of enforcement and federal authority to do this but we are seeing this from him a lot, he doesn't seem to be a man coming with his own vision for the department of justice but rather
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bows to the will continually of progressives in the white house. paul: school boards association got its own blowback state chapters basically say we are out of here, we're not going to keep participating in this organization. any lessons there? are we seeing seeds of a nationwide revolt here against, by the current governors of politics in schools? >> i think to some extent we are. the letter from scoreboard association was interesting in that it equated these protests with what are called domestic terrorism. this is an idea that having the mind since the january capitol riot which they called domestic terrorism now many of them think they can equate any protest by conservatives such as when you
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saw on television, a bit of a fight there as musick terrorism and can use it publicly against republican and conservative component but it's a preposterous claim to equate this with school parents in violation of the english language they believe and i think the adults at the scoreboard association saw something like this going way off base and why attorney general garland wasn't able to act like an adult at the justice department but make no mistake, this authoritarian action is something democrats do whether it the education department, environmental department or justice. there are precedents for this action. paul: they have is narrative they want to project, there's this great threat to the country from right wing pilots and this fits conveniently into that and they jumped on or they promoted,
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that may have also been the case as well. still ahead, president biden attends the climate summit in scotland, to other world leaders are planning to sit out so what can be accomplished without china and russia at the table? ♪♪o,
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president biden in the un summit in scotland begins tomorrow, two peter players city the climate meeting out. xi jinping and vladimir putin both say they will not attend in person after accounting for a third of annual greenhouse gas emissions so what can be expected when the other world leaders gather? let's ask the president of the copenhagen contestants and visiting fellow at the hoover institution. how climate change panic cost trillions and failed to fix the
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planet. good to see you. so one of the specific goals they hope to achieve? >> obviously they want to cut carbon emissions even more. the uk prime minister suggesting we should get everybody to go net zero by or even before 2050 but we have to recognize that that's not adult what's going to happen. he mentioned china and russia is not going to be there, the prime minister, the third big peg in this conversation, he said he's not going to go net zero or promise to go net zero so you see the u.s. promising to cut carbon emissions but a lot of others are simply saying we are
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going to keep emitting more because we want to lift out populations from poverty. paul: so is it just rhetorical been? you know what you are seeing in europe, relying more on coldest winter, obviously wind and solar can provide enough energy in their shortages and fossil fuel. is this just all talk? >> when you are cold, you start worrying a little less about global warming. there's a reason why it's called 26, there's 25 of them before that. we've been doing this charade for 30 years now. the un did a surprisingly honest appraisal of the last decade of climate impact. what they said was despite the paris agreement and we've had ten years of tax, we can't tell the difference between the world
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we are actually in and a world we haven't done anything about climate since 2005. i think this tells you there's a lot of talk in meetings and people getting supply around the world but it doesn't actually cut emissions for the simple reason, it's incredibly costly to do so right now. paul: the countries from individual countries we are seeing, as well as china and russia, they don't want to put in any enforcement mechanisms to get to dramatic reductions in fossil fuels. every time in democracies with carbon tax on the ballot, it loses. >> the european union were probably managed to do so. they promised to cut carbon emissions 20% 2020 and they overdeliver it are not. i think they see a large part of their reason to be here, and enforcer of climate so they will probably do a lot more but what you are releasing is shifting a
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lot of the production to other places not under those constraints so global emissions increasing. 2021 is on track to become another record while we have had 30 years of climate negotiations, we see emissions increasing. paul: another item transferring money from the developed world or developing countries as incentive to get them to reduce their emissions. i guess solar and wind plants and so on. 100 billion a year seems to be the target, is not likely to happen? >> that pledge was made in 2009 and countries promise we get an annual 100 billion by 2020 and we've gotten nowhere near that so there's a lot of pledges and stuff, but is not donations but
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just loans with a net benefit is the fact the loans are given with low interest rate so the reality is we are only giving about ten, $20 billion even if you talk about my 70, $83 and of course now the developing countries are starting to talk about actually if you want us to go anywhere near that zero, you have to pay is a lot more so the south african foreign minister suggested should be $7,150,000,000,000 a year and some other developing countries suggested $1.3 trillion a year. needless to say, that kind of money is simply not on the table and i can't imagine any rich country who would the women to donate gas out of money for a climate agreement. paul: who got about 40 seconds left, if you strike this 25 times before it hasn't worked in the last decade, you haven't
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achieved in the results, why don't they try something new like less a park delivered rhetoric and say let's focus on adaptation and making economies more resilient to climate change? >> they should certainly do that in many countries inevitably end up doing the but they should also doing something else and paris in 2015, there's a lot of talk of innovation because innovation is what fixes us. they promise to double increase investment in green energy, both u.s. and many other countries, a lot of billionaires there. we cannot lift up to that but we should because it's much cheaper and eventually that's what's going to fix climate change. if you can integrate it, everyone will switch so should be about elevation but the force is strong. we've been trying for 25 years,
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why not try this? paul: as president biden had the un climate conference his green agenda held up in congress, a closer look at what made into the latest budget framework, what did not and whether progressives were playable. ♪♪
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it makes the most significant investment to deal with the climate crisis ever happening beyond any other advanced nation in the world, over 1 billion metric tons of emission reductions, at least ten times bigger climate than any bill ever passed before. paul: president biden thursday touting green energy professions in his revised bill back better
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plan claiming they will pave the way cutting greenhouse gas emissions in half by 2030. framework including $550 billion in climate spending including 320 billion in tax credit, the white house says it would help american businesses and home partnerships to renewable energy sources. we are back with kim strassel and "wall street journal" editorial board member allysia finley. 550 billion, that's a lot of green for green. what is it going to go for? >> has a lot corporate welfare, mostly tax credit for everything, hydrogen, battery, biofuel, you name it. some of it to go out and propagandize energy. in addition, we are talking about a key on emissions and oil
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production. this is for home owners by about two or 300 your. paul: put dig into that, all of these tax credits, your think this money is going to go for individuals for example, taxpayer credits reducing the cost of buying electric cars but are using most of this is going to go to corporations to make investments in green energy? >> even the individual tax credits, and directly benefits corporations. we need to sell these cars to fuel economy mandates, sitting on the lot but there's also are 30 sent tax credit for businesses such as amazon buying about 100,000 edie's, i'm not
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sure how many but these tax credits and businesses and they claim they are not paying their fair share. paul: kim, he wrote a column this week pointing out the you think the paradigm bill the president introduced is actually defeat for the climate change movement, why don't you explain? that's 550 billion, i'll take it. they want to give me that check, that's a lot of money. >> absolutely and by the way, it's a huge amount of money and the subsidies will be very real and bad for the economy so in that regard, they certainly have something but what they wanted and it's important. for 30 years, activists claim the only way you can relate to reduce emissions is to impose
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enforcement recommendation. price controls or mandate require carbon pots and they finally thought they were going to be able to get with this bill, thousand huge ambition and they have clean electricity performance program which would have required electricity utilities to use increasingly more renewable your on your as they would get financial rewards but they would get a fine if they failed. other democrat claim is going to make up for both of biden's promises reducing emissions by 50% and they didn't get it because joe manchin and other democrat, oil they simply said no. a lot of other things they want to impose taxes on private also came out of the bill. paul: i assume now, we move ahead to try to achieve these enforcements to regulation
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proposing rules, is a how you see it? >> yes and they've already starting to roll out some of the ideas for that. that has allowed progressives to come along because they felt they are or you tried to get through another means. i think the one risk -- i mean, yes it will force some companies to go in that direction and it could work by scaring them into it but at the same time, we know from the power plant blocked by the supreme court, there are limits to what white house can do and the courts are going to be watching. paul: allysia, tesla with elon musk poverty, $1 trillion market capitalization barrier this week, how much of that is due to subsidies and how much do genuine innovation and breakthrough in meeting market demand?
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>> elon musk or tesla is probably the best manufacturer out there. that said, a ton of money and state and local and other automakers must by in the fuel economy, $1 billion in the last nine months. i was almost the entire part. paul: former break. when we come back, hits and misses of the week. ♪♪
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time now for hits and misses of the week. kyle, first to you. >> he missed 200 biden's art show in new york, now a second showing after one of l.a. earlier this month. hunter has sold five prints for
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$75000 each. we don't have confirmation or no official information on sales or who about what because white house is sticking with its approach to keep everything private. some critics are say the paintings are actually pretty good but the public deserves better than secrecy. paul: all right, allysia. >> a hit to harvard, the uaw teaching assistants, the union went on crisis demands all be forced union dues if they even don't want to. with democrats in congress, but for unionization. paul: all right, dan. >> a big miss two friends in germany whose economic said by signing up permanently for vladimir putin's stream to gas pipelines, that will compromise neither germany nor europe national security. the word describes toothache willingly turning itself into
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the stronger state, finland is going, it's retire and replace it with german eyes asian. paul: all right, that's it for this week's show. thanks to my panel and to all of you for watching. i am paul gigot, hope to see you right here next week. ♪♪ >> boat alec baldwin in his wife speak on video for the first time as he fired a popgun on the movie set rest in mexico, killing the cinematographer alec baldwin telling fox news quote, she was my friend. hello, welcome to fox news live, i am arthel level. >> thank you for joining us, one of the major stories we are following at this minute. also political say they could predict extras midterm, both candidates in the


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