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tv   Cavuto Coast to Coast  FOX Business  May 2, 2024 12:00pm-1:00pm EDT

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stuart: before the break we asked an important and interesting question, which letter in the 7-11 logo is lowercase, everyone is playing on this and you are first. ashley: i will go with number one, l. stuart: lahren? lauren: i second that. l. >> it has to be the because there is no difference tween uppercase v. i'm right. stuart: i have to confess i cheated. i learned how to look it up on my phone and the answer is the letter and. know it's no it's not. it is the. brian: you can't even cheat
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properly. stuart: coast-to-coast starts now for heaven sake. adam: are still following these demonstrations and protest at college campuses around the country, looking at george washington university in washington dc, nyu as well. the bottom line, these are peaceful today, nothing like what we saw at ucla last night, things but a lot calmer now after police started removing a lot of the barricades at encampment but a lot of bitter feeling what comes next. can anything get us back to normal? incredible reporting. what is the latest? >> reporter: i want to do a detour on this story. you can see cleanup is underway behind me. i want to see what's happening right now. look what they've done. see all this junk?
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the sleeping bags and tents and plywood? is going -- go to a dumpster or a landfill, it will all be thrown away. we are talking tens of thousands of dollars worth of tents, sleeping bags, batteries, medical gear, bicycles, going in a plastic bag. let's go back to the may story. what happens next? hundreds have been arrested. will any be prosecuted? will students be suspended or expelled? the faculty who have been arrested, will any of them be fired? 12 hours ago, lapd chp showed up and around 2:00 or 3:00 in the morning of the flash bangs went off and srt, special response team and chb went in, made an entry into the encampment itself, took down
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the plywood and started making arrests one by one by one and then an hour later, lapd lined up from the library to royce hall probably 50 or 60 yards wide and just moved in, slowly peeling away the barriers of fence, plywood, started making arrests. at one point they corralled everyone against the wall and said to them listen, walk away now and you won't be arrested, if you stay you will be and many were. hundreds were arrested, bringing out the zip ties, some screamed, some yelled but they were arrested. now the question will be what will ucla do after the cleanup stops? the universities said online classes until monday. students are told to stay away from this area and the cleanup has begun. police used flash bangs to stun people and try to disorient
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them. than the students, pro-palestinian supporters had face shields, fire extinguishers, tried to fight back, had placards, plywood if you will used as shields, but they were no match for what they were up against, 50, 60% of the people inside were women. that is where we stand right now. ashley: amazing stuff, got to get some rest. hopefully cooler heads have prevail. my next guest hopes the same thing. ucla medical student, proud jewish activist. good to have you come honored to have you add that. how did you go through this last night, what can you tell us about things now? >> our school is in total disarray. the lawn is totally trashed,
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just anarchy, the beautiful halls of ucla are vandalized with graffiti, student intifada, this morning the student health center was a large red swastika spray-painted on it. it' s a totally hostile environment for jewish students and it should have been shut down on the first day. >> the administration did not give police a heads up about what they were worried about so what happened last night how did you deal with that, what was going on? >> i wasn't there last night but it was tuned in and looks like complete chaos, no respect for police, no respect for authority. i heard protesters had pepper spray, bear spray, doing self-defense lessons a couple days ago. i've seen drone footage but it is really sad to see that ucla
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has fallen. it was once a prestigious name and i don't know how it will happen in the future. stuart: what year are you right now? >> i am a third-year medical student. i'm the only vocal zionist medical student at ucla. stuart: i'm not going to mess with you. how have you dealt with is this? jewish student at that, i talked to a number over the last couple weeks as the protests have gone on and on and they are proud to show the star of david and indicate that they are indeed jewish, how about you? >> i will always proudly show that i am jewish. feeling unsafe and feeling scared are two things. jewish students feel unsafe because campus is dangerous right now. they are restricted from accessing the library or different parts of campus, pro-palestinians are linking their arms to prevent jewish students from entering different parts of campus but i
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am not scared. these are bullies, jews have been through much much worse and we are resilient people and so i just want jewish students to be loud and proud about their judaism, their belief that israel has the right to exist and not back down because i don't think the pro-palestine protesters are going away anytime soon. neil: what about staying at ucla? >> for me as a med student i am staying here. i don't want to let students push me off of campus but also it is hard to transfer medical schools. it's not like an undergrad. i'm going to be here. i have been harassed directly by classmates especially since october 7th. i received anonymous emails from classmates saying october 7th was justified as a couple days ago a fake profile
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on instagram was messaging me saying i was in your anatomy class during first year, it has been very hostile. stuart: this is popping up all over the country. i keep track of this, we are up to 32 colleges and or universities that have had these demonstrations, sometimes heated ones. this doesn't appear to be going away. does it worry you for when you restart in the fall? >> it worries me. i think they are going to plan and encampment again. they are not going away. they've been ramping up since october 7th. there have been marches throughout campus calling for intifada which is a call for violence against jews. if they would look up what intifada is, buses blown out,
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jewish babies stabbed on the street, every jew is fair game in an antifraud and people are chanting this on campus. i heard it with my own ears, i went by the encamped a few days ago and there was a circle of people drumming and chanting intifada like a mini coachella or something. absolute insanity and i don't think it's going anywhere. julie: know what, maybe just come home. >> my friends and family are worried about me especially because i'm so vocal about being pro-israel, they are saying the anti-israel protesters are very dangerous and they can be violent. one of my friends was physically assaulted multiple times at the ucla and cameron on the first night, standing on a ledge holding a sign condemning hamas and a few protesters in scarf masks pushed her off either. one had a big stick and hit her with it, she could have cracked
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her skull on the cement and after that it should have been shut down, after the first night but ucla didn't do anything about it. stuart: julie: are a brave young woman, best of luck to you in your career going forward. we were showing you where another large gathering is starting, the protest hasn't formally kicked off but it would be close to 3 dozen institutions saying, these are popping up almost on a day by day basis. madison alworth seeing that at nyu in lower manhattan. >> reporter: we are live at the nyu encampment, we are still waiting to hear from the university as to what is going to happen to students here because they have been threatening suspension but at this point you can see many tents are set up. multiple students and supplies here. after days of them can take
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these being set up on college campuses across the country and hundreds of arrests, we've now heard from president biden on these protests which at times have turned violent and illegal. >> president biden: breaking windows, shutting down campuses, forcing cancellation of classes and graduation. none of this is a peaceful protest. threatening people, intimidating people, instilling fear in people's not peaceful protest. it is against the law. >> reporter: the protests disturbing traffic and student life, yesterday hundreds of anti-israel protesters marched through the city before arriving to nyu to this encampment in the evening. nyu placed a nearby academic and building on lockdown as the crowd grew outside and nyu jewish student told us that while she respects the right to protest these agitators have crossed into hate and violence be with chance like intifada which she fears for student safety at nyu. >> it is scary, you know what i
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mean? i remember walking through the lobby of my dorm and seeing people protesting for palestine, and jewish students were being glared at like, you can feel uncomfortable but it crosses the line when you feel unsafe, i just worry for other jewish students on campus. >> reporter: foxes learned doj officials are concerned with what we are seeing on campuses and our discussions underway, potential civil rights investigations. no probes have been announced yet and the doj won't say therefore when one will be open. opening probes have been announced and done quickly in the past and there is speculation as to why this is taking longer. this is something we face almost every campus. we asked the protesters why they don't want to be shown despite being willing to protest but what we are faced
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with his umbrellas which we are unwilling to film despite the morning to be out here. we asked why and get no response. it is a moving moving target when it comes to trying to shoot what is happening on these campuses. they are willing to chat, willing to chand, willing to close streets but not willing to show their faces. neil: thank you very much. madison alworth following all that. nancy mace, the congresswoman from south carolina has an idea to crack down on this type of activity. maybe take the goodies and benefits away. >> we ought to, to desecrate the american flag, disrespecting the american flag, this quitting college campuses because they hate america, they hate jews, they are jew haters, these are terrorist loving jew haters, gender study students who hate our country and they out to be defunded. they shouldn't have their student loans forgiven, we should reverse what president biden announced in the last
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couple weeks, the taxpayers are going to pay their student loans out, this shouldn't be happening. neil: interesting angle on that, bill cassidy, louisiana senator kind enough to join us. what do you think of that? >> great idea. the spokesperson for those in columbia, i had to write down what her thesis is, transatlantic romantic imagination from 760 to 1780 or 1860. imagine. a guy driving a truck in louisiana, who paid back student loans or never went to college and she will be a candidate to have her student loans forgiven because no one thinks she's going to get a decent job with that. columbia charges $50,000 a year for tuition. for graduate school but if that's the case columbia is making money. my guys the one paying the bill. that's wrong, we should stop it. stuart: neil: how do you feel about the measure that passed overwhelmingly in the house on
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anti-semitism, had bipartisan support, they are waiting to cure often the senate. how do you feel about it? >> it's a great thing. we have to send a message from congress that anti-semitism is not to be tolerated and we should send that and make no mistake, some think that this is only anti-violence in gaza. clearly it bleeds into anti-semitism. by the way that is the reason i'm advocating the health education labor pension committee of which i'm a lead republican hold a hearing and ask chairman bernie sanders to hold that. we need to hold it to see what schools are doing, see what the office of civil rights is doing and what this administration is doing. lauren: 1 to do you stand on defunding some of these campuses that get federal support. could be a slippery slope, those who say it is probably warranted in some of these extreme cases but a lot of good
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institutions could get caught up in that, how do you feel? >> a less slippery slope are some of these 501(c)(3)s that are actually helping the protesters, organizing them, giving them assets. that is wrong. we are a charity, 5013 see tax-exempt organization and you are fomenting protest like this which are turning violent which anti-semitic filled with hate speech, that is no slippery slope there. we should have a hearing on that and we should shut down there 501(c)(3) status. neil: we are shown the outside of the white house right now, another pro-palestinian protest, this one about sending arms to israel, that that should stop. we've learned from benjamin netanyahu that no matter the deal in the works of hamas and all this going on globally with these protests, he is still on for strike in rafah. i imagine that is going to agitate things all the more with this crowd.
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>> of hamas is serious about wanting to help the palestinian people they should allow all the people in rafah to move out of harm's way, it should be a battle between rafah's brigades, hamas's brigades and the israelis. they are using those palestinians as human shields and to get international sympathy. it is a ploy which is sacrificing the palestinian people, first they are responsible for the death of israelis, now they are responsible for the death of palestinians, hamas is got to go. neil: always an honor speak to you, thank you very much. senator bill cassidy. do any of you remember the term stagflation. it popped up in 1980 in the presidential race. it refers to the slowing growth with higher prices, a bad combination. ronald reagan compounded it. >> by the very standards mister carter himself used to measure
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1-800-217-3217. that's 1-800-217-3217. neil: cannot see how the fed so quickly does a 180 from hiking rates at nausea him and we are grateful for the pauses to all of a sudden reversing all of that and to hear people like ackman and others talk about as soon as the first quarter next year. i can't see that but what do you think of that? >> you make a good point. this may be wishful thinking, the market may be hearing what it wants to hear. neil: the wall street thing shouldn't be shocking. there warning it's not coming in march. maybe never. this year might not happen at all. >> the market sees the next day, maybe we will have a cut by the election, maybe because things will be okay
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economically. neil: follows a trend of other good news, consumer sentiment is picking up, we talk about the fact that factory activity is picking up. i am wondering if the new worry because wall street needs something to worry about, maybe this will require hikes, every one saying the fed cuts interest rates like yesterday. >> now it is tomorrow or the next year possibly. neil: that is what -- >> power is the rodney dangerfield of finance, he gets no respect. he's late. lauren: 20 what if there are no rate cuts and the possibility these strong numbers continue? we might get a rate hike. what do you think? >> not necessarily an extreme position. watch the 10 year yield, if it starts heading towards 5 they are not going to cut rates.
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neil: we want to go back in our time machine to talk about the consensus that was building when these talks started at the federal reserve, very soon in the first quarter. it didn't turn out to be the case and we are waiting for the proverbial rate cutting godot. we have melissa, media, tech -- telecoms. let's begin with you. i wanted to replay attack to show how brilliant i was but that was wrong because i thought the yankees were going to go all the way. it is dangerous when consensus, it is shattered. >> coming into the fed meeting, markets were expecting there might be a chance of one more additional rate hike which would be bad for equity markets. with that off of the table -- neil: kind of made it clear.
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>> what is off of the table, it is part of s&p global market intelligence, they expect december to see a rate cut. lauren: 1 see that happening. neil: the bar to cut interest rates, is even higher. >> the market is doing a lot of work for the fed themselves. the tenure interest rate at 4. 6%, if you go back to october it is closer to 5. 2 but from october to now we start rates come down. the fed is comfortable, holding steady for now, continuing to look at the data itself, inflation has plateaued a little bit, stopped coming down but we see a substantial amount of growth. i don't think we've seen the
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pain in the market like we saw 2022 during the period of last year. when rates were going higher, didn't know if inflation would be anchored long-term. investors were willing to have confidence that inflation is not just on a 1-year basis but 5 year basis, continues to grow the standpoint, it is unbelievable. that's why the market is beholden and able to shake up higher rates in the market and took commentary from that. neil: markets, they climb to higher rates. and to gain confidence we were on a sustainable path, lower than it was.
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it takes a long time to sort out. >> we have to see what the market was, growth happening in the market, seeing jobs, consumption is pretty good. neil: drive behind all this, the doubts and fears, that has not materialized. >> it is essentially driven by baby boomers and retirees, it may be because for the first time in a long time that demographic is able to generate a return without taking risk in the market. neil: that is competition.
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>> there's different dynamics at play. neil: i want your take on these, not just noise to follow for the market. it is one thing if you see this abroad. is this a summer of 68 thing? >> i don't think it is. is strictly noise in the market. investors love to climb the wall of worry to see if it sticks but there's a lot of financial charlatans, who believe i have this theory on geopolitics and it will affect the market in this type of situation over the short term but when they make those decisions they tended to be wrong, that is something i tend to stay away from. let's just make sure this happens. neil: you are bullish.
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>> they are discounting geopolitical risk. neil: they magnify it after the fact. thank you very much. the one that got a lot of attention is what happened last night, los angeles times, and for the last week or so, the guy who owns that paper and immunity by it is next. ldren. (fisher investments) i understand. that's why at fisher investments we start by getting to know each other. so i can learn about your family, lifestyle, goals and needs, allowing us to tailor your portfolio. (wife) what about commission-based products? (fisher investments) we don't sell those. we're a fiduciary, obligated to act in your best interest. (husband) so how do your management fees work? (fisher investments) we have a transparent fee, structured so we do better when you do better. at fisher investments, we're clearly different.
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[applause] >> president biden: yeah. neil: this is video from cornell state university. this is one of the more nasty clashes, added to the 37, 40 colleges. at ucla and doesn't the owner,
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and his newspaper, the magnitude of the protests on his neck of the woods. patrick is the owner. it's a company that has just possibly come up at the club can help. very good to have you and thank you for your time. >> thank you for having me. neil: let me ask about your paper and its coverage from all sides, did you think of this would grow to the extent that it had at ucla? >> i think the reporters of our paper have taken a position to provide the facts and the facts
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are we should be striving as a nation, this is unfortunate what is going on, the palestinian people, as well as the israeli people with that terrible attack both sides to address the issue for peace. me as a physician is a painful thing to watch, doctors without borders and josé andrea's's people got killed trying to help others. i'm proud of the fact of recovering elements of this strife. neil: you've been fair on both sides and one of the things i caught was you have had early scrutiny at ucla's response to these protests, but you have also looked at how police have
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dealt with this, to balance life-and-death issues, this could go on all summer, is it a daily event? school will be out soon but you've got to wonder. >> i don't have insights into that. i think again, all of this could be available, to fight for peace. today as you see in the background in san antonio meeting with hundreds of urologists. had the pleasure of meeting hundreds of lung cancer a couple days ago. and any unifying force, the treatment and prevention of cancer may bring us together.
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as national policy bring people together. and john lennon's imagine. this is what we need now. i would be happy to talk about advances we made in cancer. neil: this a drug for which you got fda approval treats bladder cancer. merck had a similar drug on the market. life and death issues trump the lot of what we've been seeing happening in these college incidents across the country but is this an outright cure for bladder cancer? >> you bring up the checkpoint inhibitor, it has been an
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amazing advance and all tumor types. one of the things we learned from that checkpoint inhibitor is t cells treat all cancers. it turns out sadly once you have the checkpoint inhibitor, the bladder cancer where you have initial response recurs and progress is. the goal, how do we find out what is causing these checkpoints and t cells to fail? turns out you and i have a natural killer cell that has been there for 500 million years. the transplant, i wrote my first paper, this cell has been discovered in science literature over the last 20 or 30 years and it turns out if you can activate the natural cell you can rescue the t cell
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and the checkpoint and you have complete remission of the cancer. in the naïve patient population meaning we get there early, we have now patients we've put on the side today who have ongoing freedom of cancer for 8 years and patients the fda just approved showing patients are ongoing for 47 months and ongoing, we may not call this the big c word, the cure, i call it complete remission of cancer, free for a long time. neil: you were passionate about that, the los angeles times covered this, the this was no big deal. i dealt with cancer myself and these issues, it is a big deal, but many staffers consider this
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relatively minor and not newsworthy. i wanted to give you a chance to respond to that. >> that was written by the newspaper, written by -- neil: according to a lot of your staffers. >> i think at the end of the day the importance of this, the association of neurology, my response to that is was really written by somebody else. i don't think that is a true reflection of how we feel about it. they wanted to get the data and they did it and the difficulty of that is obviously a relationship when it comes to reporting. neil: you don't involve
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yourself in day today running. your more hands-off, this was a different case. >> that is not quite correct. i will put the records straight with regard to what happened with regard to six months. by december i made a decision that we needed a change of leadership. we made the decision and started looking at december and an executive editor making the change. the change would be we need to engage in the young audience, they don't pick up the news. we need to engage the audience in a different way by creating short video forms.
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neil: the digital push is key to what you are doing. >> that is what we are doing, we will be announcing the los angeles times studio which is a division of the los angeles times. to engage the audience in that element of the studio which is not the newsroom. neil: congratulations on this fda approval. and that provides some hope. the bio executive chairman of the los angeles times has a statement in the la lakers. i wasn't going to mention that. there is other stuff going on. what's big are these protests around the country and charlie
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gasparino, key to fund raising for donald trump. we will explore that after this.
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from hennion & walsh. if you have at least $10,000 to invest, call and talk with one of our bond specialists at 1-800-217-3217. we'll send you our exclusive bond guide, free with details about how bonds can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income are federally tax-free and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. >> that is have order, not dissent that discourages change with the order that guarantees the right to dissent and
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provides the basis for peaceful change. neil: richard nixon got elected in 1968 in an environment where there were protests going on, vietnam war was raging, a lot of anger not only at the democratic convention in chicago that year, the democratic convention this year will be in chicago but who is worried about that? tough law and order approach richard nixon took that got them into the white house, the present republican front-runner and nominee, hopes to parrot the same. charlie gasparino following that. it could be magic as well. charles: my father was one of those, quote, silent majority people. a term coined by social scientist kevin phillips. it was something my dad, blue-collar construction worker, ex-marine and every day
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he has seen american flags burn. the protests around the vietnam war, it is an unpopular war, people, american citizens were dying, no end insight, nixon got us out of the war, but if you think about it, a much more realistic sort of turn and that is what trump was hoping would help propel to get money fundraising, they are ramping up the fundraising particularly on a big-money donor. and popularitywise, one of the striking things is president biden hasn't said a word about it until now. he is so timid about his base that it is much of it, hates israel, he is willing to allow
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realism. people saying jews committed genocide, let's commit genocide on jews. neil: that law & order theme -- charles: the country favored hamas, may not like the images coming out of gaza but this is a no win for the democrats and trump sees it that way. buzzing around his campaign. they will get money from wall street. the elite colleges -- neil: they are going to pound it. there is no doubt in an effort to protect his base he could be losing the country. what he gains in michigan he
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could lose in other battleground states. the politics notwithstanding, the fact that people are seeing this play out in 1968, not an automatic parallel but we know average americans get anxious about this stuff. how do you see this playing out? >> reporter: the optics are terrible here. what we've seen the last several evenings, flares, violence, taking over buildings, people assaulting each other and the police in some cases backing off completely, those universities have taken a strong stamp on the beginning have avoided problems altogether, the police departments don't have to expend their resources on a problem of the university's making and you have to be concerned it is terrorist organizations in these crowds and recruiting so a lot of
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concern here and i think there needs to be a look. if someone is assisting a terrorist organization, palestine, islamic jihad, and the liberation of palestine, these are designated terrorist organizations. neil: can you see this accelerating? does that worry you? that it does accelerate? no matter who is accelerating? >> yes. it accelerates. they jump into the fray here, antifa jumping in. they weren't around originally. it becomes viral. it gets to the point you see it as the fifth column in the united states, hamas sympathizers. neil: former assistant fbi director, the dow up 150
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adam: at george washington university in washington dc, all of this first started a couple weeks ago, it was three institutions and every day keeping track of the latest, you've got dartmouth, northeastern, columbia, princeton, new jersey, suffice it to say we are up to 42 institutions where these activities are going on and expanding. news from benjamin netanyahu that might give them a new trigger to get these going. whatever you think of that, fair to say these protesters will continue protesting whether th

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