i've got him at gunpoint. 132 and bush. covers code three. woman 1 (on radio): phoenix, 25, 14 transmit on [inaudible].. woman 2 (on radio): 10847. 10847. [inaudible] woman 3 (on radio): ok, we'll still send a coast race. [music - inner circle - "bad boys"] jackie: that's it for us. more fox business starts right kudlow: look at what i'm lori calvo, and from the very conservative, editorial case, the newspaper not going to name any names, and is asking, will

trip, and i did it, it will off? and this is their response, to the recent state of the write, s never have i know identify from the washington post, is entitled, a columnist, they discuss how to half of those columnists were conservatives. just saying. they too completely missed the point. all right. trump is winning on the issues. can i make that as a clear as i possibly can? he is winning on high gas and grocery prices. he's winning on high interest rates on mortgages and credit cards. he's winning because americans are sick of the socialist green new deal. they don't want to give up gasoline-powered cars. they don't want to give up

dishwashers, hot water heaters, just because a bunch of 30-something ivy league bureaucrats can't have this kind of stuff? trump is winning because from day one back in 2015, he warned about illegal immigration, job losses, falling real wages. trump is winning because his tax cuts generated huge income gains for typical families and lower income folks. trump is winning because he took out soleimani and bankrupted iran, befriended israel, changed middle eastern politics with the abraham accords. trump is winning because he rang the warning bell on china and followed through with tough trade policy. trump is winning because the non-white working class is deserting democrats and moving into the republican column as a result of all the issues just cited. trump is winning because democrats and rino republicans thought the election was going to be about legal problems when,

in fact, most of the country see right through that attacking success where, ironically, the wealthiest and best educated voters or now probably go more for biden than trump. and then democrats completely wrong again on illegal immigration. in fact, turns out hispanic voters have basically the same negative view as white voters. meanwhile, african-american voters have trump's record low undiplomat -- up employment rate and trump's upward mobility

opportunities, and they liked it. in politico this weekend, republican pollster calls it the emerging working class republican majority. and the "wall street journal"'s book review section, long article by john judas and roy e tex era chronicle the democratic disasters on open borders and illegal immigrants. finally, there is such a populist revolt going on out there on these key issues that even voters under 30 years old are a biden-trump toss-up. never thought i'd see that. know what? kind of reminds me of how young people came to love ronald reagan, because of his decisive leadership and key policy successes. he's the reason donald trump is leading the pack right now. polls are not votes. they're just snapshots of a point in time. the election 's a year away, but i will say this: right now that's why trump is winning. all right?

and that is my riff. joining us now, art laffer, former reagan economist and a presidential medal of freedom recipient and author of the very important book "taxes have consequences." arthur, welcome. happy independence day. let's start with something -- >> thank you. larp march you know casey mulligan, real smart guy -- >> yes, very good guy. clear, serious is. larry: yeah, serious guy. he has a study out about the regulatory burdens being imposed by the biden administration. and more or less, biden in two years has a generated $600 billion worth of new regulations on business. it comes to about $10,000 per family. it's even more than barack obama. and, by the way, donald trump reduced the regulatory cost. i mean, that's not what i would call life, liberty and the

pursuit of happiness. an economy's not going to grow if you're strangling it with red tape and business costs. >> yeah, you're completely right. but i just wanted to start off withing larry, if i may say, having been your scribe -- [laughter] there with thomas jefferson, i kept meticulous notes, so i have all these handwritten notes of the jefferson-kudlow discussion, and i was just wondering if i should put them up for sale. are any of your viewers really interested in those personally handwritten notes of mine? i'd love to share them with you, larry, but, sorry about that. just having fun -- larry: no, no, hang on, we should put it on ebay and see what it fetches. but, you know, if you recall, arthur, you were there as my assistant, tom jefferson and ben franklin and i were talking about their hero and mine, adam smith, who wrote "the wealth of nations" in 17 is 76, and they communicated back and forth with smith if before he published

that book. that's one of the reasons they believed in economic freedom, life, liberty and the pursuit of happiness. my point is this -- >> that is true, by the way. that is true. larry: i know. this crowd just has, this is all central planning. if you want to call it socialism or whatever, a bunch of central planners, a bunch of regulators. they're waging war against businesses. it's not just fossil fuels, it's all business. they don't believe in business. >> yeah, it's everything. larry: and the results show. >> it's a mental state, larry. these people are pessimists, they believe everything is fixed in stone and that clouds are there, the global warming, we don't have any ability to do anything about it and woe is me. easter island, america, we're going to all kill each oh and build statues, and the everett is going to be barren -- the earth is going to be bare, it's powerful ehrlich, john kerry, it's david attenborough, for

goodness sakes. it's the whole group that are the negative people. they're trying to stop all progress. we are optimists. we recognize there are problems with industrialization, there are problems with economic growth, but because of economic growth, because of wealth, because of optimism, we can find solutions to these problems and make the world better. every time we've come through you've seen the malfeasance, every single time, and they're always wrong. paul ehrlich, i think, said in 1951 the earth had 20 years left to go before -- and the population of the u.s. had to be brought down to 25 million. i've been reading this wonderful book by professor david deutsche of oxford, and, you know, he's called -- it's called "the beginning of infinity." he draws up this distinct between these two groups. you and i i have the optimists. we know we don't have the answer today, but it's wealth, ingenuity, free markets, open incentives, and we will find those solutions. we will cause the very correction of the problems that exist. it's the bold-hearted optimist

that is our future, not these negative, easter island killers. they just aren't our type. and they will ruin the earth if they're allowed to. larry: the malthusians and luddites are always wrong. >> lulled diets. larry: all right? if they're just wrong. and you're right -- >> they're just plain wrong, but they get control often, and it happens in russia, it happens in iran, it happens in north korea, it happens in china. all of these people are there in that. that's where you and i disagree a little bit maybe, larry. i think we need to be outreachers to these people the find those pockets of optimism in these countries to change their systems to be pro-growth like america is. and i sure as heck don't want america to go back to a bad state like they are. i loved the reagan optimism and the jefferson optimism, and i think america's where it's at. larry: well, the whole declaration of independence is an enormously optimistic document. >> exactly. larry: we are endowed by our creator, etc., etc.

>> and incentives are optimism. you know, to reward people like bill gates and like all these other great developers, warren buffett and all of them, for all the wonderful developments, they made lots and lots and lots of money. they were incentivized to create great things to make the earth a better place. elon musk. who's more, who is more wonderful than the elon musk, for god sakes? if he's just spectacular, what he's doing. he'll fail on some things, maybe on a lot of things, but he's optimistic, he's doing it. and we need more of those people. cut taxes. stabilize spending. spending restraints. sound money, minimal regulations, free trade and let america's optimism explode into the, just a multiple of optimism in production -- [laughter] i would say finish. >> and solving of problems. larry: government has to stop strangling our god given -- >> strangling, that's right. larry: -- to produce and invent and -- anyway, stop strangling us, for heaven sakes. stop the central planning. but we're going to --

>> low tax rates. incentives matter. and that's what by my book is all about. incentives do have consequences. larry: we're going to whip their butt. i'm telling you -- >> and convert them, larry. let's convert them to our way of thinking, because once they see the light, they could be sources of optimism and productivity gains as a well, larry. there's nothing inherently bad with a pessimist if -- except he doesn't see the future in front of him and how incentives make it better for everyone. larry: that's the subject of a different -- >> you've heard my rant for today, larry. larry: no, no, no. soul on the road to damascus. you know i believe that. [laughter] we've got a lot of work to do. >> no, it is. it is. larry: a lot of work to do. >> but it's wonderful work. it's fun. larry: it's great to see you with, arthur. >> and it never stops. good to see you, larry. thank you very much. you have a great show. larry: these past 247 years have been wonderful, our relationship has prospered. >> just remember, i've got with all those notes if anyone's

interested in the market, please, just have them give me a shout, and i'll make them a real fine offer. you take care, sir. [laughter] larry: coming up next, all jokes aside, my friend greg gutfeld makes the serious point that americans are fed up with the government and inflation. so he's going the join us next to talk about all that. ♪ kevin, where are you?!

kevin?!?!?.... hey, what's going on? i'm right here! i was busy cashbacking for the holidays with chase freedom unlimited. you know i can't believe you lost another kevin. it's a holiday tradition! earn big time with chase freedom unlimited. how do you cashback? chase. make more of what's yours. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf

that inspired the world to invest differently. it still does. what can you do with spy? ♪ this is your season to smile -- to raise a toast and gather together, to wrap up the fun and round up the gang. to help get you ready, your aspen dental team is celebrating 25 years of affordable care with an epic anniversary savings event. right now, new patients without insurance get a free full exam and x-rays. plus, everyone can get 20% off their treatment plan. but hurry, because while the season won't last, the memories you make together will. aspen dental. book today.

dear moms and dads, what you have achieved here today is going to help us and our futures. it is why we're coming up on stage to collect your diplomas. mom, love you always.

vo: when you graduate, they graduate. visit finishyourdiploma.org to find free and supportive adult education centers near you. larry: all right. my great friend greg gutfeld says americans are fed up with the government and inflation. and he joins us now to talk about it. welcome, greg, terrific stuff. greg's the host of gutfeld on fox news, knocking the socks off the rating, beating everybody.

now, i love this. this was about a month ago, i happened to be in the neighborhood that day, so you pulled me in, gave me a jacket -- >> yes. yes. oh, you were a mess. >> i was a mess -- >> yes. >> i needed some makeup, a lot of work. [laughter] you gave this fabulous riff on inflation and the economy that each larry summers would agree to. here's what you said at the opening of the show. please, take a listen. >> so how about some economic news? i know, it sounds boring, but it's important. also larry kudlow is here, and we have to justify the car service and the free meal. all right. so inflation is bad, it's really bad. it's so bad in texas that fort worth is now fort worthless. [laughter] it's so bad in dallas, a 10-gallon hat now holds only 8. meanwhile, 8 million americans are living paycheck to paycheck, and they make more than 1100 grand a year -- 100 grand a year, which used to be the

income threshold for the more than dream. a new gallup poll finding that more americans name the government as the nation's top problem with inflation coming in second place. so this shouldn't be surprising to anyone who took a basic econ class -- >> sorry, ca a g, you're going to have to sit this part out. but it's pretty simple, you print lots of money, money becomes less valuable, so you need more of it to pay for stuff. larry: nobody could have said that better. >> thank you. larry: you print too much money, it becomes less valuable and, therefore, you've got to pay. maria: for everything -- more for everything. larry summers, larry e kudlow, alan greenspan -- >> larry lindell from m.a.s.h -- [laughter] i came up when i was having lunch with milton friedman many years ago, and i'm lying. basically, i didn't know anything about economics until i made money. isn't that how most people -- larry: right. >> -- how most people fall into it? and it is a shame because t like, the language of capitalism

that we're missing, that students respect getting in class basic, if they could just learn basic, like, case in point, i was talking to my wife about a inflation, and granted she was born in moscow, so she doesn't have a lot of capitalist experience, but she was, like, she kept hearing about inflation, and i had to explain it to her. like, a lot of people do not know what inflation is because they can't see it. they can only feel it. you know? it's like this all of a sudden your eggs are more expensive, og grubhub, ordering food, all of a sudden the prices are up, you can feel that. inflation is a tax -- larry: yes. the cruelest tax of all, that's what john maynard keynes said once upon a time. >> i knew him well. larry: the cruelest tax of all. >> yeah. larry: look, that's why people feel poorer than a year ago. >> yes, because you are. larry: bind forgot to put that in his -- biden forgot to put that in his speech -- >> you are poorer or.

larry: that's right. >> if this is how much money you have, each little part of that is worth less, so it doesn't matter. you can get a raise, you can get a raise, it's so depressing, and still make less money. larry: right. >> the only upside is that we're living in 2023. we have so many cheap goods, right, and we have so many available distraction. when you and i were in our 20s in the 1970s, you know, we only had three channels -- larry: that's true, by the way, what you just said. >> i guessed it. i was actually 10. i was so -- 10 is in 1964. we didn't have a lot of distractions. so when jimmy carter, hope he's doing well, when he was in office, we had stagflation, you could actually feel it for the because there just weren't a lot of distractions. now people could be on their phones, how much do you pay, $250 a month for your phone, people accept it, they're not whining about it because it provides so much information and

distraction. they don't know, like, they -- it doesn't feel as bad as a e it did in the '70s. you follow me? larry: you're saying they blame government. and the polls show it. >> government was the number one, in that gallup poll, the number one, i think, what was i- larry: it was the number one problem -- >> problem. larry: yep. >> inflation coming -- i also think government is playing sides, and it's not supposed to. i mean, obviously, political parties play sides, but there seems to be more and more the government actually being kind of punitive towards half the country that didn't vote for them. you saw that with trump. actually, we saw that with biden about a trump voters. i think trump never went after voters as a whole. he just went after a voters -- after noted names. larry: individuals. >> people in the media. larry: he was more eyed crusade driven -- idea crusade driven. >> yeah, yeah. larry: so what are we doing about this? inflation is still here. the latest numbers have actually come in worse than people expected.

it's going to be harder to beat it back with interest rates and less money supply as you notably wrote in your riff. i mean, what are we doing about it? what do you want to see people do about it? >> i don't know what is hard about this? because this is where the politics collide with, you know, the desire for the country to do better. one side out of power hopes things get really bad so they get back in power. larry: oh. >> i mean, that's just basically how things work. and, you know, i'm only saying that from the fact that you could watch how democrats rarely help republicans when they're in power. and i'd like to think it's not as a bad for republicans because politics isn't personal for republicans. politics for republicans was a part-time job. it's, like, you could be a farmer, a lawyer, maybe a congressman. larry: i don't want to see the country go down the tubes just because of the democrats in the white house. i don't. >> yeah. if i had a choice -- larry: i'm not a, i wasn't a career guy.

i worked down there for three years, came back. seriously, i hate -- i'm not blaming you, i'm just saying the idea -- >> the mentality. larry: yeah. >> i mean, i remember when obama killed, ordered the hit and bin laden was taken out. that was something that we were all a happy about. larry: yeah. >> is and you're supposed to be happy for that. it's like, you know, in the back of my head, shouldn't i be upset that a democrat was in power when that happened. that's very petty. larry: yeah. >> you've got to root for, you know -- and i think we, i think that we've got to stop printing more money. a. larry: right. >> we cannot do these loan, quote, forgiveness. i call it the debt penalty, because you're penalizing other people by canceling debt. it's not canceling debt at all. that is just like printing more money, we're creating more debt. i think we have to, you know, it would be nice to trim the government, you know? larry: yeah. >> it would be nice to make this place safer so people could go out and spend their money, you know? if that's one thing. i mean, i'm walking around

midtown, it's still pretty grim, you know? larry: you going to come back when you have me on the show next and we talk economics? if. >> yes, absolutely. larry: i love this. a regular thing. >> i like keynesian, supply side, i have a lot of questions. larry: we could have a whole tax seminar. >> exactly. larry: remember, i was there for the halloween show. i said i dressed up as a tax cut. >> yes. larry: i think i got a laugh out of you. none of the other panelists at all a. >> they probably didn't get it. larry: but you are the only one with your unique sense of humor to talk about the economy. and i think that makes people swallow it more easily. >> uh-huh. i just wish more people -- it's, i don't know if it'll ever happen, but they have to introduce this sort of information young, you know, into young lives because the first time you get a paycheck, it's amazing when you did not factor in the taxes, and people just like, what? you know, and this happens with young pro athletes when they're

told they're making $4 million a year. they think it's actually $4 million a year. they spend $2 million and then they find out, no, you made $2 million, now you're broke. you bought three houses, you bought six ferraris, and now you're broke, and you can't pay your tax. but you also owe more tax, and you're going to go to jail. that's because we're not -- no one is -- you have to learn about the economy before you can actually participate -- larry: that could be a learning experience for those guys. now, iowa keel la wants us to get out, but i have one more question. because of all this inflation and because people are learning the hard way, i'm arguing that the country in general is just not happy. >> yeah. larry: this is not a happy place. life, liberty and the pursuit of happiness. the pursuit of happiness is not really around anymore. >> we're in a weird place where even the pursuit of happiness is considered oppressive. because it's a finite pie. so my pursuit of happiness impinges on somebody else's. that's not the way it's played.

that's not reality. but we've, in this oppressive, oppression versus oppressor model, you cannot pursue happiness without stealing it from somebody else. that's why we're -- that's why the reparations talk is kicking up. larry: take something away from somebody else, the only language the left understands. >> hopefully, people are learning, you know? the internet is opening some minds, people are learning about the economy on their own, who owns -- knows? larry: thank you, greg. >> no, thank you, larry. tonight, account? my place? -- okay? my place? larry: always. [laughter] catch greg gutfeld9 9 p.m. on fox news, the number one late night show to discuss monetary policy. president biden took the trump economic boom and turns it into a bidenomics bust. we're going to talk about it with linda mcmahon, former administrator of the small business administration.

and the chairman of afpi and a great friend of "kudlow9." how about retire bidenomics? that's a polite way oaf saying it. of sayin (fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher investments. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. ♪

explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines.

♪ ♪ yes, we're on thin ice. ♪ ♪ and everything is going up in smoke. ♪ ♪ still some are adding fuel to the fire. ♪ ♪ while the rest of us see the troubled waters rising. ♪ ♪

our planet is under the weather.. ♪ ♪ but when the going gets tough. the tough get, well, you know. ♪ ♪ because in the heat of this moment. ♪ ♪ we're not about to lose our cool. ♪ ♪ love it or lose it. ♪ limu emu & doug ♪ [bell ringing] and doug says, “you can customize and save hundreds on car insurance with liberty mutual.” he hits his mark —center stage— and is crushed by a baby grand piano. are you replacing me? with this guy? customize and save with liberty bibberty. he doesn't even have a mustache! oh, look! a bibu. [limu emu squawks.] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

larry: so how did president biden take a trump boom and turn it into a bidenomics bust? here to talk about it, linda mcmahon, former add a mer of the small -- administrator of the small business administration, afpi -- a lot of initials, that's america first policy institute. linda, how do we retire bidenomics 234. >> i think we ought to fire the chief of bidenomics. i think that's the best answer for that -- larry: i thought you might say that. >> yeah, absolutely. i mean, you know, what is the difference between bidenomics and what our economy was under the trump administration? it's affordability. under president trump you could afford a home, you could afford a car. your wages were growing up --

were going up. what have we seen since biden came onboard? increases are approaching 16% price increases. people can't afford that. they can't even afford a car. look what's going to happen if this electric car goes through. workers are going to be out of work. you can't buy a car, electric car, for under $20,000. -- 40,000. who's going to be able to afford those cars? going to the grocery store. grocery prices are up. everything is up under biden except wages are going down. they've dropped act 3% given inflation -- about a 3% given inflation and all of that. so how does the average person really afford their day-to-day living? they really can't do it. larry: you know, kellyanne conway said this too, people have a job, okay, but with falling wages, real wages, they had to go out and get a second job, and that puts a lot of pressure on families. and thats' kind of an unknown part but yet a truth in the

bidenomics story. >> yeah, absolutely, it is. not only one member of the household getting a second job, but often the husband and the wife have to get a second job, and that really does put, as you said, it just puts incredible pressure on those homes. and you don't get ahead. and you're really just trying to stay even. and i think that's really the difficulty. look at where businesses were under trump. you know, he put in his tax cuts and his regulatory cuts. the economy just flourished. everything went well. i mean, look at what's happening right now in 2023 when we is have the full expensing going away under the taxes bill, businesses can now invest in their equipment and tools or whatever because it's already 20% of it's been taken away. and before that you could expense 100 that first year that you bought it, and businesses invested. that's one of the reasons that our economy grew and flourished so much under the trump administration. larry: you know, trump said to me the other day when we did our

interview out in new jersey how important it is to drill, drill, drill because the impact of fossil fuels is so huge on the economy. it affects 2000 or 250 -- 200 or 250 separate sectors of the economy. you want more affordability, you want a lower cost, we need to drill more, stop this boycott against fossil fuels. only got a couple seconds left. >> you're absolutely right. we've got lick by us gold under your feet, and that's what you hear him say all the time. let's use it. larry: linda mcmahon, liquid gold, i love that. best of the best. the illegal immigration crisis in america is fantastically fantastic. that's what i have to say. i mean, beyond what anyone could have possibly imagined. joining me to talk about it is john ratcliffe, former director of national intelligence, former texas congressman, former prosecutor, and he's with the america first policy institute, if i'm not mistaken.

so, john, welcome back to the show. i wanted to just kind of sit back and talk with you about this disaster at the border. did you know that the open border policy is really all of president trump's fault, okay? if. [laughter] this is joe biden. we have a great quote, recent quote. take a listen to what mr. biden had to say. >> the maga republicans in congress under my predecessor spent four years gutting the immigration system under my predecessor. they continue to undermine our border security today. larry: gutting. gutting. there's a maga quote in there someplace too, gutting and maga. now, flash back from john ratcliffe back in 2021, "sunday morning futures" with my pal maria with bartiromo, we have a great quote from you about the northern triangle countries. take a listen to this one. >> this was totally unnecessary, and and now it's created a

national security issue at our southern border that hadn't existed, president trump's policies ended the migrant crisis two years ago when he required that mexico stop its traffic at the southern border and had agreementeds in place -- agreements in place with what we call the northern triangle countries. larry: and the thing is, john -- so you're responding to biden, and it's a great response. but trump the was able to persuade the left-wing president of mexico, a a mlo, obrador, to put troops up, put troops up on the border with guatemala in the mexican south, i think 6,000 troops, john, correct me if i'm wrong, and another 15-20,000 troops on the american border which helped our administration implement remain in mexico, remain in mexico. and if you took that plus the building of the wall which

wasn't completed, but moved along nicely before biden and basically an attitude of catch and deport, you know, we -- i don't know that we solved everything, but we sure slowed it down. now biden's gone into reverse. so i wanted to ask you, when you look back on this story, you've got a lot of experience in these areas, what's the most damaging thing that biden has done, in your judgment, to create what might be as many as 8 million illegals and maybe more when you add the gotaways, who knows? >> pretty simple, larry. he failed to listen to the intelligence of the u.s. intelligence community that i gave him and that presumably his dni shared with him. so, you know, to put all of that in context, at the end of the administration part of the transition, i sat down with avril haines, the current dni. we talked about threats the america. we went through why china is the

geopolitical threat that they are, the circumstances in afghanistan, but we went into at length the situation at the border. and to show how disine generous and dishonest joe biden's comments are, as i explained to her and as you just accurately recounted, you know, there's been a lot of rhetoric from biden about changing these policies. and i emphasized the remain in mexico policy, the agreements with the northern triangle countries, guatemala, hondurans, el salvador and showed the impact that had had not to solve the problem completely, but we had no caravans at the border, we a had no imminent national security threat. it had really slowed to a trickle. and she was told, look, our intelligence is very clear on this, you reverse these policies, you're going to create a crisis that is, currently does not exist. and, you know, you're going to threaten the sovereignty and integrity of our territorial borders, and we're going to go back in time. but, larry, they were so intent at a proving that trump was

crueling and his policies were bad that they ignored the intelligence just as they did about china, just as they did with afghanistan9 and the withdrawal, and it has created an absolute disaster. and one that's hard for people -- you and i can talk about the numbers. you know how staggering they are, larry. i mean, they're just -- but it's hard for the average a american or the average american voter to comprehend when we talk about the increases. but i think what i would say is hopeful for our country is the percentages and the numbers don't mean anything, but americans increasingly are seeing migrants impacting their own community. in your city of new york, you know have -- now have the mayor of new york and new yorkers protesting finally saying this is a real problem because they've gotten a little taste given what we've exported from texas up to new york. americans are now experiencing sons, daughters, nieces, nephews, neighbors dying from fentanyl that's coming from mexican cartels. and, you know, god forbid we won't experience anything from the 3,000% increase, 3 thowrgz t

watch list suspects increase at the border from the trump administration through the first two years of the biden administration. so, you know -- larry: but i don't understand, here's what i never understood, and i'm not trying to psychoanalyze are it, but, you know, barack obama under whom biden served as a veep, we all know, barack obama deported a lot of people. a lot of illegals. and also barack obama locked up a lot of families that a crossed over the border, stuff that trump was blamed for, obama was the guy who launched it. so here's biden with a completely different policy from obama or trump, literally an open border. i mean, literally right now offering work permits and id cards and whatever as an invitation for illegals to just come on over. and they've crippled the law

enforcement agencies who are now essentially administrators and babysitters, not law enforcement. i mean, they've done everything possible. i don't understand. what is, what is the working theory? and then i'm going to ask you about the military. but, john, just on this point, as a matter of national intelligence, what theory were they operating on? >> well, the difference between the obama administration and the biden administration was in between you had donald trump who actually said, look, the preamble to our constitution says our primary role is to, you know, provide for the common defense and that means protect the sovereignty and integrity of our territorial borders, and he built a wall. and the wall and in between that period of time the progressive democrat party became the voice of the party, and the wall became really the impetus for the change in policy, and they really a wanted to reverse everything about that. and that's why the biden administration policies, you know, have been so absurd, and they've really -- they've gone

to such great lengths to create, again, an absolutely unnecessary crisis of, you know, really indescribable proportion. larry: john, let me ask you one final question. from your experience throughout your career, prosecutor, house member, dni, the whole of -- the role of the american military and secondty the potential for the american military to work again with the mexican military, i mean, the two have always had good relations. they have combined exercises and so forth. you know, presumably enforcing the border instead of opening it and, secondly, going after the cartels. do you see in a new republican administration no matter whom it is that there will be a return to an american military role and/or an expanded military role working with the mexican military? is that a good place to start? >> it is. i think it's actually, you know,

you skipped over the first part which is, you know, the bad news in this situation the problem that we're talking about, larry, there are no solutions in the next two years or the next year and a half -- larry: yeah. >> -- with the biden administration. finish but, and i know there's been a lot of talk about, you know, military the intervention at the border or and into mexico and what not, and i think that's a good thing, to have that conversation. i want the realm of possibility, that possibility in the minds of the mexican government and the cartel leadership. but what i would say the starting place actually, larry, is notwithstanding everything you said about our cooperation including our joint training exercises with the mexican military is where all of this started and worked in the trump administration was with diplomacy and with donald trump -- and you left out your good work. it wasn't just, it was also the tariff aspect and the economic impact on mexico that they would have, that they would have felt had they not cooperated. but those policies really did

work, larry. and diplomacy really worked there. with mexico, with the leadership in guatemala, honduras, el salvador. and i think the good news for the american people about this problem is it can work again. larry: yep. >> and so that's where i would start. but having said that, your point is absolutely right, you know, if the u.s. military needs to be involved, again, that is, that is the reason we have a federal government, is to protect the sovereignty and integrity of our territorial borders which is clearly not happening. larry: all right. john ratcliffe, thank you. thanks for your visit. talk soon. >> great to see you. larry: coming up on "kudlow," this may sound a little cheesy, but stopping coal and wood-fired pizza a ovens is just a teardrop in the bucket for climate change. we'll talk about it with jimmy failla a -- [laughter] and remembering, folk, "kudlow" is available as a podcast. episodes available every weekday right after our show on spot fire, apple and fox business

podcast.com. stick with "kudlow." we are not cheesy, i promise you, never cheesy. ♪

my relationship with my credit cards wasn't good. i got into debt in college and, no matter how much i paid, it followed me everywhere. between the high interest, the fees... i felt trapped. so i broke up with my credit card debt and consolidated it into a low-rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt.

get a personal loan with low fixed rates. borrow up to $100k. and no fees required. go to sofi.com to view your rate. sofi. get your money right.

larry: all right, so this might sound just a little cheesy --

ha, ha, kudlow humor -- but stopping coal and wood-fired pizza ovens is just a teardrop in the bucket of climate change. joining me now to comment on this, jimmy failla, host of fox across america on fox radio. jim mixer prague first of all, you were -- jimmy, you were a cab driver, you probably delivered a bunch of pizzas in your time. >> do you want me to answer your pizza a pun? larry: please. >> whoever came up with this ideas was hitting the sauce. good night, everybody! tip your waitress. larry: all right, wait a second. no impact on anything to do with climate. >> zero. it is infinitesimal. larry: it's going to piss off millions and millions of new yorkers. >> number one. number two, we were told by the democrats, if you remember, the government needs to stay out of our bedrooms. you've got the government in my garage, in my kitchen, in my pizza place. what's off limits? if can we establish some boundaries? especially in new york with if we were going to concern ourselves with climate, traffic is the number one source by a

margin of about a thousand, but any of these environmentalists aren't curbing traffic because the bike lanes, the pedestrian malls and the fact that we now have restaurant seating in the right lane of traffic, not the safest, by the way. larry: that's correct. >> you guys like the veal? try the exhaust with it, it's a nice chaser. so the point is the traffic is getting worse, and the pollution's getting greater -- larry: all this is really true. this is important stuff. they have mucked up the city by doing that. >> yes. so you get rid of of the coal obvious, but it now takes the guy an extra 20 minutes to get the pie to your house because of the increased traffic. >> larry: march and you get very angry, and you'll have cardiac issues -- [laughter] >> this isn't good! larry: your nervous system will break down. so on the climate change issue, this fellow, mark moran know, new york post, in order to have any impact on climate, you would have to burn a stove, this stove burning stuff, for 310,000 days, that is 849 years to equal what

hypocrite john kerry puts out in one year with his private airplane. [laughter] how about that? >> that's a very burned pizza. you don't even want to eat that pizza, let's talk about it. that's the scam of guys like john kerry, which is climate change -- and this is all the data we have, okay? people are getting very rich pushing it. okay? none of them are embracing nil of the lifestyle changes that they're pushing on the rest of us, okay? and that's why you've got guys downtown throwing pizza pice at city hall. they see through the grift of what this is there's a lot of power to be gained. climate change is the biggest racket in the world. i'm old enough, i'm 45, so i'm a year older than you, so when i was a little kid, i remember we're going to freeze. i had the climate aunt, we're going to freeze, the climate's changed. larry: in the suburbs, we had a bomb helder going back many day. >> yeah, i remember, we add -- had those drills. larry: i was skeptical about the

coal thing. >> it works, because they get that smoky char underneath it. you don't necessarily taste it, but it's an atmospheric part of the chew. listen, i'm -- if i wasn't on cable news, i'd be a before model. i can talk to you about food, look at me. larry: are you a foodie? >> i love food. have you seen my if contract here at fox? i get paid in bread sticks, larry. every thursday, i get paid in little caesars. pizza, pizza. [laughter] larry: too cheesy for "kudlow"? if this is a business show. >> no, you have some fun. the world's on fire, we're just roasting marshmallows. larry: i didn't ask him the define economics. jimmy failla, the best of the best. i'm "kudlow," we'l the chase ink business premier card is made for sam who makes, everyday products, designed smarter. genius! like 2.5% cash back on purchases of $5,000 or more, so sam can make smart ideas, a brilliant reality!

chase for business. make more of what's yours. [ applause ] the day you get your clearchoice dental implants changes your struggle with missing teeth forever. it changes how you eat, how you feel, and how you enjoy life. it changes your smile and how others smile at you. clearchoice network doctors have changed over 100,000 lives with dental implants, and they can change yours, too. because a clearchoice day changes every day. schedule a free consultation.

we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if you own a life insurance policy of

$100,000 or more, you can sell all or part of it to coventry. even a term policy. for cash, or a combination of cash and coverage, with no future premiums. someone needs to tell them, that they're sitting on a goldmine, and you have no idea! hey, guys! you're sitting on a goldmine! come on, guys! do you hear that? i don't hear anything anymore. find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com.

(music) ♪ ♪ kudlow: a super come the wouldts prett maria: good monday morning, everyone. thanks so much for joining us this morning. i'm maria bartiromo. it is monday, november 27. your top stories, 6:00 a.m. on the east coast. today, the fight expecte