♪ larry: hello or, folks, welcome to "kudlow," i'm larry kudlow.

israel's idf if continues to make strong gains in gaza is. meanwhile, the white house believes that iran is enabling houthi attacks. why is the administration not doing anything about that? and new record numbers of illegal migrants continue to pour across our southern border. we've got updates on all these stories from our ace reporters nate foy ed edward lawrence and bill melugin. let's go to fox news' nate foy live on the ground in israel with all the latest. nate, what can you tell us? >> reporter: hey, larry. so the idf is operating in the northern and southern gaza strip fighting hamas terrorists, and today an israeli civilian was killed here on the northern border after an attack by hezbollah terrorists coming from lebanon. so two months after the october 7th attack this entire country is feeling the effects of this war. but the focus remains in gaza. take a look at this video. today the idf confirms that they took out two senior hamas

operatives that helped plan the october 7th attack. that happened during a strike on a hamas command center. israeli forces continue finding hamas weapons and fighters in civilian buildings, but the progress, larry, is not coming without a cost to innocent palestinian life and also to israeli troops. today the idf if announced the formerrer chief of staff's son was killed in the fighting. farther south, the israeli air force is pounding hamas targets in rafah. this was one of the final places in gaza where palestinians could seek refuge from if airstrikes, but that's no longer the case after the idf says hamas fired rockets from there right next to u.n. facilities. here on the northern front i mentioned hezbollah launched an anti-tank missile into israel killing a civilian. the irk df if responded with airstrikes and artillery, and this happened while israel 's war cabinet if visited the northern border. here's prime minister netanyahu. [speaking in native tongue]

>> translator: if hezbollah chooses to start a total war, then it will turn beirut and south lebanon not far from here into gaza with its own hands. we are determined to win victory, and we will do it with your hope. with your help. >> reporter: while visiting the %, the -- the north, the defense minister said the evacuated less lents -- residents will not return until hezbollah is pushed back from the border. so an escalation here on the northern front is possible if not likely. mean while, the white house said today that it has not given israel a firm deadline to end the war in gaza. back to you, larry. larry: wow. all right, nate foy if, thank you very much. and, please, be safe. meanwhile, let's go back to washington, d.c., talk to fox business' edward lawrence standing by at the white house. edward, what you cooking up there? >> reporter: you know, we're hearing when it represents to the houthis a lot of stop.

so the houthis continue to two after and agitate shipping in the red sea area. the treasury department today did slap sanctions on 13 people and entities who are backing the houthis in yemen. some of those people physically in iran. this is the first move the u.s. has made against anyone in iran since october 17 when iranian approximate cities started -- proxies started attacking troops in the middle east as well as hijacking ships in the red sea. national security spokesperson john kirby very careful about the messaging when talking about the houthis. listen to this. >> it's clearly a risk, a potential widening and deepening of the conflict. we said from very, very early on when the president ordered additional military capability that we don't want to see any actor, state or nonstate, widen or deepen and escalate this conflict. and what the houthis are doing could have that effect. we're not seeking a conflict with the houthis, but we are seeking to be able to defend ourselves and prevent this conflict from widening.

>> reporter: as the iranian leader is in russia right now for meetings, kirby admits that iran enabled the houthis like other proxies that attacked u.s. troops in the middle east. >> while they are launched by the houthis, we certainly have ever reason to believe that they're being enabled by iran. as the national security adviser said just the other day, the houthis are pulling the trigger, iran is providing the guns. >> reporter: and now we have some sanctions slapped against the back ors of the houthis but no direct engagements with the launch sites where those attacks are coming from related to the houthis. also no increasing of sanctions on iran specifically maybe going after their oil to cut off that a money supply. back to you, larry. larry: well, edward, just one quick question here. i mean, mr. kirby's saying the white house view, biden administration view the houthis are firing at us. i mean, they -- the biden's may not want to expand the war, but

the houthis are escalating. they're shooting at us constantly. and, yes, they are beingen abled by iran, you know?? -- being enabled by iran. you know, this is apparent to almost everybody. so then my question is, does anybody in the white house press room, for example, ask them what are the -- what's the united states going to do about iran, number one? if or, number two, about the houthis? we haven't responded to the houthis -- >> reporter: right. larry: -- and we haven't tightened up the iranian sanctions. so i agree with their analysis, i just don't know what their response is going to be. >> reporter: that is the question that i actually had for john kirby. didn't get called on. but i did ask the deputy treasury secretary about that saying why don't we cut off the oil directly with iran, why don't we go more forcefully, and he said that they believe the treasury department has added sufficient sanctions against iran, and it has crippled the iranian economy, yet he did acknowledge that iran has not been fazed by the sanctions and

continues to sow that unrest in the middle east, so -- larry: all right. i hear you. of could have fooled me. edward lawrence, great stuff, we appreciate it. all right, now let's go to fox news' bill melugin live from lukeville, arizona, with the latest about the border problems. bill, what you got? >> reporter: hey, larry, good afternoon to you. cbp sources tell me in the last two days there have been more than 22,000 migrant ebb counters here at our southern border, and it's not slowing down. a live look at the situation here in lukeville, arizona, remote arizona desert, southern part of the state, middle of nowhere, two hours to get to any major city. you can see the situation, hundreds of adult men from around the world have crossed illegally, and they are planning to be released into the country. and they all have places they like to go. a lot of guys from africa, mauritania, liberia, each some from syria. border patrol completely overwhelmed. they've sent agents from the i rio grande valerie -- valley sector out here to southern

arizona to help supplement because they're trying to keep up with the sheer amount of bodies coming across. we want to show you what it's like in the morning. take a look at this video before the sun came up, groups of migrants out here getting cold, so they start campfires. they use clothes, trash, they pull brush out of the desert in an effort to stay warm because it does get very, very cold out here. and the flow is nonstop. take a look at this video late yesterday amp a, another breach in the border wall where you're going to see hundreds of people crossing illegally and walking down this dirt path next to the border wall and approaching border patrol as they are already trying to process other people. that is why they are so backed up here. we had the chance to talk to a lot of these guys, most of them telling us they're here for work or to meet up with family, and they all have different cities they're planning to go to. take a listen. where in the united states do you want to go? >> detroit. >> california. >> new york city. >> [inaudible] >> new york. >> miami.

spanish if spanish. >> omaha. >> nebraska? >> miami. >> oklahoma. >> oklahoma? >> [inaudible] >> reporter: and, larry, the bottom line is we've talked to a lot of these guys the last few days, and we've heard very few, if any, people who are planning to claim asylum or say they have fear. what they are planning to do is get a job in the united states. they're looking for opportunity here and a lot of them are looking to link up with family, most of the people we've been talking to say they are planning to head to the big apple in new york city if they are released. back to you. larry: bill, you mentioned 22,000 in the last two days. is that actually an escalation in news numbers? -- in these numbers? >> reporter: it is. it's what we've seen the last few years, larry. we set the record in 2021, then the new record in 2022, the new record in 2023, now we're in fiscal year 2024, two months in, we've already had more than 530,000 migrant encounters, more

than half a million people in two months. so we are on pace to set a new record again if this keeps up the rest of the fiscal year. it's nonstop. larry: all right, bill me lieu general -- me melugin, thank you ever so much. all right, folks, republicans have a very good shot at serious border reforms to stop the flow of illegal migrants which is escalating as bill melugin just reported. by holding up joe biden's request for supplemental foreign aid for ukraine, israel, taiwan and so forth, the gop can put america first by defending its own border. now, undoubtedly, the foreign aid will flow at some point. but let's put america first principles first for a change. joe biden's open borders catastrophe has probably let in 8 million illegals in less than 3 years, and even that number may be outdated. the big winners have been drug cartels and sex traffickers, criminals and. [laughter] -wing democrats who seem to have

not a care in the world about the terrible consequences for america's valueses, morals and safety. biden's illegal immigration has become almost as unpopular as biden's failed bidenomics economy. there's always been this 11 million number out there for many years about illegals who have somehow settled into the u.s. maybe with jobs or families or friendships but, frankly, that number's probably closer to 30 million and maybe even running upwards towards 40 or 50 million. nobody really knows. former president trump had good control over the border in his last two years, but joe biden's let the horses out of the barn. even democrats, particularly the big city democrats, are screaming over the high expenses and declining safety from the waves of illegal migrants. newt gingrich is going to be here a bit later in the show, makes the point that conditions have gotten so bad that war

veterans are being forced out of assisted living homes to make room for biden's illegal immigrants. mayors in major cities make thac mayors of major cities, are belly aching about massive, budget-busting spending they have to use on education or public safety or sanitation and other services to take care of biden's illegal immigrants. and if nothing else, the gop -- especially gop senators now -- have a chance to begin the process of closing the border. one thing that has to be tackled is this business of asylum-seening refugees. -- seeking refugees. definitions have to be completely changed. this idea of the credible fear standard has to be the abolished. and i would argue that fleeing authoritarian regime rules standard should also be abolished. i would also suggest that republicans stop parole

authority for illegals. every one of these are biden-esque ways of opening the border to everyone. catch and release is the popular phrase. what you want is catch and deport. which brings me to a key trump reform. while there may be legitimate aa sigh lumbar seeker issues -- asylum seeker issues, those folks should wait in another safe country for final u.s. decisions, a safe country like mexico. trump's remain in mexico policy was hugely success -- successful. and this would be an excellent time to provide new appropriations to build the wall begun during the trump years. and republicans in the senate really should join hands with the gop house majority and their h.r. 2 bill which was a good piece of legislation. here's a thought. for once, the entire congressional republican party should act like a conservative

political party. and finally, this is a good time to start talking about some constructive reforms for legal immigration. and here too trump the administration had a made a good start with some simple ideas. for example, speak english, know some american history and civics, have a job, make an investment to start a business. there is the a point is system for legal immigration used by many other countries, and there's no reason why we can't start one here in the united states. meanwhile, get rid of the crazy diversity lottery which was an open door for terrorists who i fear have already entered the country in droves through biden's open borders. not all of this is going to get passed in the next couple weeks. but, but, but, but, this is the a good time for the republicans to put its best conservative reform foot forward. right now. be tough. show voters that not only are they going to close the

border and stop the massive biden illegal immigration, they'll also make plans for positive illegal immigration system that'll generate a strong economy, will maintain safety in the streets and put america first for a change. okay? and that's my riff weighing in. new joining us, we are privileged to have one of the lead republican negotiators on all this, oklahoma senator james lankford. mr. lankford, welcome, sir. we appreciate your time very much. i know you're in the middle of this thing. i hear some of these meetings have been yelling and screaming, and i hope fistfights don't come out but you never know, it's a pretty con telephone white house issue. -- contentious issue. what's happening right now, okay? what specifically are you asking for as republican negotiator? if. >> well, i -- thanks for having me on, thanks for all the lead-in on it. we're working through some of the most basic things. we've got to fix asylum, we can't have catch and release, we've got to manage our border

on a day-to-day basis. we're dealing with a democrat senate and democratic president who intention ifally are looking for ways to keep the border open. they do not want to slow down the flow here, or they've been very clear they want to just reduce it a little bit. but as a was mentioned before by bill, what we've had is record numbers in 2021, 20222, 2023, in fact, the highest september ever was last september, the highest october ever was last october, the highest november, and the highest day ever was tuesday of this week. so it just continues to skyrocket up in up imaginable numbers, and we're absolutely overwhelmed with literally million of people flowing in. we're not asking for something crazy, we want a legal immigration system that is not chaotic, and we want to stop people that are coming in abusing our laws. larry: well, let me -- here's just a quick sound from senate schumer just a little whilal ago, actually.

please take a listen, mr. lankford. >> but it's not realistic for republicans to suddenly hold up ukraine aid which they claim to support and then suddenly demand we take a border which has been a problem for year es and then solve it in a matter of days. nevertheless, we democrats were willing the give it a try. larry: well, okay. he's blowing smoke at you, but he says we're willing to give it a try. i mean, what about this asylum system? this is being used to open the borders. and i think the asylum system and this so-called parole system, senator lankford, should be closed down, okay? just more excuses to catch and release. >> yeah. relate me say a couple things on that. for senator schumer to say the republicans -- interestingly enough, he's frustrated with his own president because president biden was the one who actually sent a request over to the senate and the house to say i want funding for national security purposes, israel, ukraine, taiwan and our southern border, and then they

immediately follow that up and said is, by the way, money for the southern border will just be a tourniquet. what we really need is a change in policy. so we've actually responded bacr schumer's a upset about that, but we've responded back to that. the asylum system's been gamed significantly. just the first term of the obama administration, not that longing ago, if we go to the obama administration, what was crossing our southern border asking for asylum in a year is now what's happening every two days here in the united states. so that just telling you -- tells you how things have dramatically changed. we're not talking about ancient history, we're going back literally 10 years ago and how we managed the border and to be able to say people should not be able to game the system and be released into the country because they say i have fear and then get in line phi years to wait for a -- that's absurd. larry: on that point, why not have them wait? whatever their motives may be, why not have them wait in a friendly country? oh, for example, mexico?

because i think the he main in mexico -- remain in mexico policy was a big success. can that be one of your demands for this legislation? >> yeah, i'm actually can't go through all of the different issues, but i would tell you the most basic element is if you release people into the country, they do not check in. they're just gone. larry: right. >> they disappear into the country. so whatever structure we detroit, we've got to make -- we create, we've got to make sure the assign lumbar hearing is when you cross the border -- larry: what new structure? when you mention structure, i mean, or that word, you know, i've been in and out of government myself many times. what are you talking about, structure? if i mean, i'm suggesting how about remaining in a friendly country in i just happened to choose mexico out of thin air. somebody else has tried that before. would that be part of your new structure? >> so i would tell you, you and i could fix this in a moment. i've got to fix this with a democrat white house and democrat senate to be able ore solve it.

i would say, yes, that absolutely would work, it would work immediately. it's obviously been proven that would work because it worked under the trump the administration. you made that a work immediately. my goal is not to say exactly how it's done until we actually can come to agreement, it is what is actually going to be done and that what is if you cross the borderrings you've got to get an an asylum hearing immediately. when you have 211,000 people that -- 21,000 people 10 years ago in a year, we understand how caught of -- out of control that is when we have 2 million -- larry: it's not going to work. >> that does not work. larry: it's not going to work. you know that's not. an aa sigh lumbar hearing, quote-unquote, you know that's to not going to work. >> no, no, people that actually -- larry: the money that they're suggesting for this is to facilitate immigration -- >> cannot do that. cannot do that. larry: it's not to stop it, it's to facilitate it. >> that's exactly right. what they have used for immigration enforcement was

actually immigration enhancemen. larry: yes. >> that has to be able to stop. people that actually show up for an asylum hearing, they are turned around in mass numbers because people don't qualify for asylum. asylum is very difficult to qualify for, but right now we're literally releasing people into the country saying show up at your hearing four years from now. they'll never slow up for it, and their living underground in our cities. that will devastate our nation long term, and quite frankly, this administration is keenly aware we've had tens of thousands of people that they've identified as a special interest migrants, people by definition a national security risk to our nation. they have just been passed on into the country on their own recognizance, and we're saying make it stop. larry: i hope you can do it, senator. i've got to get out. we're always short on time. thank you, many lankford, we appreciate it. all right, folks. why does president biden keep lying about his involvement with the his son hunter biden's

businesses? if we know nothing else, we know beyond a shadow of a doubt that joe was involved with his kid's business. we know that. anyway, we're going to talk about it with congresswoman claudia tenney, the the great ya tenny. all that when "kudlow" returns. i tell you, reflips have a real good chance here to fix the border, at least partially fix it. i hope they take advantage of it. i'm kudlow, we'll be right back. ♪ ♪ different how? aren't we all just looking for the hottest stocks? (fisher investments) nope. we use diversified strategies to position our clients' portfolios for their long-term goals. (other money manager) but you still sell investments that generate high commissions for you, right? (fisher investments) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money, only when your clients make more money? (fisher investments) yep. we do better when our clients do better. at fisher investments, we're clearly different. we're talking about cashbackin. not a game. not a game! we're talking about cashbackin.

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larry: all right. once again, why does president biden keep lying about his involvement with son hunter biden's business? if i mean, really. joining me now is the great new york congresswoman claudia tenney, member of the house ways ask and means committee. claudia, hang on a second, you're going to love this. i'm just going to play you a little love from joe biden yesterday. hang on a minute, please, here it comes. >> reporter: can you explain to americans that this impeachment inquiry, whey you interacted with so many of your son and brother's foreign business with associates? >> i'm not going to comment. i did not. and it's just a bunch of lies. >> reporter: you didn't interact -- >> they're lies. i did not. they're lies. larry: lies, three times. claudia tenney, the one thing we know, we may not have all the dots connected, all right? influence peddling and bribery

and all the rest, but the one thing we know with greater and greater clarity is that he was involved with his son. i mean, now the latest one is you got another -- i think it was from your with hearings, your whistle blowers on the ways and means, what, another 380-something e-mails, a lot of which was between papa biden and this guy. >> 2007 who was hunter's business partner. and then, of course, going way back, the big guy gets 10%. i mean, why would he keep lying about something that everybody knows is wrong? >> well, it works for democrats because nobody holds them accountable in the mainstream media. they keep talking about how he didn't do anything wrong and the democrats tried to sabotage this hearing we had with the whistleblowers when, by the way, are both excellent witnesses. and also they submitted glowing reviews from the irs from their superiors just to show even more so what great witnesses they were. and the democrats also tried to

insult the witnesses personally and condemn theming call them liars, everything else you could think of instead of dealing with the actual facts before us, joe biden is a liar. i had nothing to do with my son's business dealings, this is how that started out, had nothing to do with them, and now i didn't communicate with them. these e-mails are incredibly using aliases from his position in the vice president's office to hunter biden's business partners, and they all coincidentally coincide with his trips to ukraine when he was trying to protect burisma, the corrupt energy company where biden, both hunter biden and joe biden's brother james biden were board members. hunter biden receiving $1100,000 a month for whatever services he could provide, real expertise as we know -- i'm saying that a star a castically, and james biden receiving $65,000 a month. and lo and behold, the pressure was put on by joe biden to put -- to deny the ukrainians a

billion dollars if they didn't fire the prosecutor breathing down the neck of burisma, this corrupt bity, while ukraine was trying to come clean on a lot of things. so that is direct influence peddling, extortion, using the security and the trust and american tax dollars to further the biden crime family, to further this entire operation which joe biden created all the way back to 2010 with china, other corrupt companies. larry: yes. >> with ukraine. larry: but i'm just saying -- i don't deny anything you just said, okay in all that is in the ball game. but the one thing we know -- [laughter] the absolute one thing we know whether there are aliases or e-mails or phone calls or dinners at nice if restaurants, i mean, i used to go to café milano all the time, nothing wrong with it, it was the crowd in café milano with papa biden. i'm just saying we know -- i

don't know where the money came from yet, or maybe we do know and it's not clear, but we know he was paid, papa biden was paid out of the son's and the daughter-in-lawing's wang accounts and -- bank accounts and so forth, and we know that e-mails were done, and we know there were phony e-mails. you see what i'm saying? he's lying about something that everybody knows is false. we know that he was deeply involved one way or another. i mean, to me, it's insanity. utter insanity, claudia. you get the last word on insanity. [laughter] >> yeah. the democrats keep saying there's no spoken -- smoking gun. we have a totality of the circumstances which show unequivocally that joe biden was, up deed, very much involved as the president of the united states. and i don't think they anticipated that donald trump was going to win, and they were sloppy x. these documents are out there, and the problem -- larry: good point. >> -- the department of justice -- larry: i gotta jump. >> -- refuses to answer mean nas. so that's the problem.

larry: i'm at a hard a break, i'm sorry, claudia with. you're right. thanks ever so much. >> thanks so much. larry: all right, folks, most important debate on wall street, is inflation licked? top of "the wall street journal" web site. we'll talk about that with the great kevin hassett. and then i was going to talk about the republican primary debate last night, but i don't want to talk about the debate. the decrates -- debates are over. trump's going to win. he within last night's debate by not being there. instead, i want to talk about these mealy-mouthed elite college presidents who do not -- liz peek, deroy murdocking up, all all that when "kudlow" returns. of course joe biden was involved in his kid's business. of course he was. everybody knows that. ♪ ♪

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♪ larry: all right, very top of "the wall street journal"'s web site this afternoon as we meet,

the most important debate on wall street, is inflation licked? good question. that's got a beautiful chart. kevin hassett, former chair of the council of economic advisers during the trump administration and author of the most important book of the 21st century, "stopping america's flight to socialism." the top of "the wall street journal"'s web site. we have a picture full screen of the chart. put up the chart. there it is. okay, that's the pce deflater, personal consumption expend yours deflater. in common english, that's the fed's preferred measure of inflation. so there it goes, shooting way up to 9% -- actually, it's 7% on this measure. and now, kevin, it's all the way down to 3%. wall street is in a panic about lower inflation. i guess loving it. stocks are going up. bond rates have come down, the 10-year has gone from, what,

over 5, now just above 4, almost 100 basis points' drop in a couple weeks. and i'm also interested in energy pricesment brent -- prices. brent crude, $74 a barrel. that was close to $100 a month or two, and west texas, $69 a barrel. gasoline, $3.20. so, kevin hassett, have we conquered inflation? >> no, we have not conquered inflation. [laughter] larry: okay. >> and the fact is that you and i have talked about the stages of stagflation. and one of them is that wage inflation, price inflation sort of get stuck with each other until unemployment rate goes up a lot and then wage flakes goes down. right now wage inflation is running at about 5% if you look at, like, the atlanta fed measure which controls for big shifts and so on. so if price inflation really is down that low and wage inflation is where it is, then that means that profits are really, really going to go into the tank, and you're going to met a recession because once -- hit a recession.

everything sort of goes down. and so my view is that the it's possible that price inflation is ahead of wage inflation, and it's there the because we're entering a global recession and it's already starting to be seen by people who sell durable goods and so on, but it's also a possible that a we're not in a global recession and in this case inflation's going back up, and it's going to match became inflation until the unemployment rate goes up. the labor market's still pretty strong, so it doesn't seem like we've hit that stage yet to me. larry: i don't know how strong the labor market is. actually, you know, in the first half of 2022 we had what i would call an inflationary recession. two negative gdp quarters, as you know. >> sure. larry: i'm thinking that in 2024 we're going to have a deflationary recession. and i think prices are going to fall -- goods prices are already falling. maybe sticky services prices. i don't know, kevin, i think, i think the bond markets are

sniffing out some interesting deflation. that's what i think. and, by the way, it's a pity they're not cutting taxes and rekeg rating because it can be a good thing if you combine it with productivity and more tax incentives to invest. i don't know, i'm thinking maybe that's what the bond market's talking about. >> if it is though, think about it, larry, and you could be right about that, but a good deflation as kudlow and art laffer taught us a long, long time ago in the reagan administration is when you get a lot more supply because you have supply-side tax cut and all of a sudden there's all the supply and then prices go down. but there's not a supply boom right now. there's nothing like that at all. and, therefore, if we are getting inflation, it's all demand if side which means we're headed into a recession. so i think the market thinks we're going to kind of cruise control it, but i'm not so sure. and one of the main reasons is something that you talk a lot

about, government spending is still out of control, the deficit is still completely out of control. and with that much sort of fiscal stimulus, how the heck do you get inflation to go down? larry: it's going to get worse in the recession, and then joe biden's going to try to spend in the election year. he's going to try it. i mean it. you wait and see. i i mean, it's very predictable. he already, you know, he'll invent new climate changes or god knows what he'll do. buy evs, buy 7-passenger evs, buy ev station wagons, i don't know. he's going to get -- everybody but you and me, we will not get checks because we worked in the wrong administration, but that the rest of the country's going to get checks. we're short on time because of the immigration story, but think about it, i don't know, deflationary recession may be on the horizon. anyway, let's switch gears right away, i've got company on set, very, very exciting. now, let's begin by listening the congresswoman elite testify nick -- elise stefanik who went

to harvard, i might add, questioning harvard's president over anti-semitism. i think this was yesterday or the day before. take a listen. >> this is the easiest question to answer yes, ms. magill. >> if -- >> yes or no -- >> if the speech becomes conduct, it can be harassment, yes. >> conduct meaning committing the act of genocide? i'm going to give you one more opportunity for the world to see your answer. does calling for the genocide of jews violate penn's code of conduct when it comes to bullying and harassment, yes or no? >> it can be harassment. >> dr. gay, at harvard does calling for the genocide of jews violate harvard's rules of bullying and harassment? yes or no? >> it can be depending on the con detective. context. larry: these people have now gone -- they've tried to walk it back a little bit, a tiny bit. i mean, they've gone from pathetic -- this was two days ago. good for elise stefanik, our

good pal, to just being mealy-mouthed. not one of them, m if it, penn, harvard, not one of them deserves to be a college president, much less president of a prestigious school which they are ruining. anyway, liz peek, syndicated columnist, fox news contributor, deroy murdock, senior fellow of the american spectator, fox news contributor and contribute or to the daily caller. i -- actually, the one i went to was not part of this. one you went to wasn't exactly part of this either -- >> it got involved. wellesley college was under the gun for not having the moral if clarity that they should have had. larry: that's the thing. how can any president -- these are smart women, okay? they're well educated, they have thousands of degrees, and one of them -- i think the one from penn, one of them said she wasn't focused. [laughter] what kind of utter b.s., mealy-mouthed nonsense is -- about israeli genocide? really? >> yeah. larry: let me can ask you this. i want to cut right to it.

deroy, excuse me, but i want to ask it, the woman from harvard, african-american, black, okay? fine. my question is, if you were talking about a black genocide -- >> yep. yep, exactly right. >> and that's what elise stefanik -- are you allowed to walk around your campus calling for the murder of blacks? larry: okay. do you think she would have said i'm looking for context? >> right. if somebody said exactly, you know, is lynching blacks evil? well, it depends, i don't know with. no, the answer is, yes, it's evil. and advocating for genocide of jews is evil. who did they think they might offend in oh, if we say that -- >> their students. >> well, then they need to show some adult supervision and leadership and say, folks, this is evil. boys and girls, this is evil. follow our adult lead on this, if these little boys and girls need that kind of moral guidance. >> it's pretty pathetic because who they have insulted is all their donors, and that is costing them bigtime. >> good, good.

>> again, there is no question that there was no moral clarity in what these people had to say, and they kept falling back on we really embrace freedom of speech. no, you don't. there's in diversity of opinion on these campuses. the fire group rates them both at the bottom of the pack, so it's a lie. and i must say -- excuse me for jumping in, but, really, it is so offensive that these college presidents have absolutely no commitment what a so far to moral values. and that's really what we're talking about. larry: that's what a college president or that's what a college professor -- >> yes. larry: -- should be doing. >> [inaudible] your moms and dads are at home, and we here on campus are going to be the best -- larry: i wanted to run this story, we wan it last night, it's not out of my system yet it's just so damn infuriating. i mean, hook, a lot of people are talking about the republican debate last night. trump won the debate by not showing up. this is more important, this college professorship. and the other thing is some

people are talking about taking their -- can they're 501(c)(3)s, take their tax exemption away. what do you think of that, liz? >> you know, i don't know. i think there are other things -- larry: it's a complicated -- >> it is a little bit because we want these colleges, they are the best in the world. we want them to continue leading intellectual rigor around the world, etc. so i aplayed -- applaud them. i do want people to support them. there are other things i think, though, that really need to happen. this idea that they can, that they are donating or, sorry or, receiving tons of money from overseas countries and not reporting it? that's a violation. absolutely. do something to enforce the law. that's bad. larry: deroy -- >> they ought to be tran parent at a minimum. -- transparent at a minimum. >> yeah. larry: these expensive, prestigious colleges on the two coasts, i'm not hearing this kind of talk or these kinds of demonstrations at ohio state. i'm not hearing it from lsu. i'm not hearing it from the

university of alabama. in other words, you've got a big split. mine, it's almost red versus blue states, and it now covers everything, and it's not just on the economy. it's on moral clarity or the lack thereof or racism. i mean, israeli genocide is not a form of ray a schism? really? >> yeah. larry: of course it is. >> and, yeah, you do see the coastal, left-wing universities are the ones leading this. we've always thought that j, ws and democrats walk hand in hand, and yet the democrat left are the biggest enemy of jews in the country. larry: liz, deroy, thank you, we appreciate it very, very much. coming up, newt gingrich going to talk some more about the cost of joe biden's illegal immigration. the cost of it is mounterring left and right -- mounting left and right as well as the numbers. stick with "kudlow." we will be right back.e thank yosou both, appreciate it. ♪ke y ♪ with voya, considering all your financial choices together... can help you be better prepared

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larry: join is us now is newt gingrich. want to talk about the cost of this illegal immigration, former speaker, importantly, author of "march to the majority." newt, we are short of time, i'm going to take the rap for it because we talked about -- actually, i talked about your article at the top of the show. but the costs of joe biden's illegal immigration. when u.s. veterans have to lose

their housing assistance for illegal immigrants, somebody's got the draw the line there. >> well, just gives you an example though of the total bias of the buy withen illegal immigration -- bias of the illegal immigration policy. they want the widest possible border, the most open, the largest number of illegal immigrants. i was first really struck with this new york post story about a 94-year-old korean war veteran forced to leave his assisted living so it could be turned over to biden's illegal immigrants. and then just the other day i noticed that some 80 military families harp going to go to the army-navy game suddenly discovered that their hotel rams had been given up -- rooms had been given up and taken other by biden's illegal immigrants. and i began to realize we're only beginning to see the depth of the impact. new york city has postponed or canceled five consecutive police

academy classes, and the police force in ney now is smaller than anytime since giuliani. all these things are costs of binding's ill illegal immigration policy. larry: and big city mayors are belly taking -- belly aching about it. how ironic. >> well, or i'm glad that the republican senators stood firm and said they're not going to pass any aid to foreign countries until we agree to proif found changes -- profound changes in the border. and people shouldn't kid themselves. this is not incompetence, it's not bureaucratic inadequacy. this is biden's deliberate policy of favoring illegal immigration, and it is a disaster. larry: thank you, newt gingrich. by the way, the title of the column is biden's illegal immigrants. everybody should have a look at it. thank you, newt. you're a great with sport. i'll be up next with my last word. >> thank you.s

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