tv Kudlow FOX Business April 23, 2024 7:00pm-8:00pm EDT
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when it comes to making plans, you are the best. the same way you plan each detail for those moments, start planning to protect you and your loved ones from a natural disaster. protecting your family is the best plan you can make. larry: hello, folks. welcome to kudlow, i'm l arry kudlow. well a growing wave of anti-semitism on college campuses, school presidents
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in their woke c culture are reaping what they have son, then has to tell me to retro actively steal an election in 2016 by making undisclosed payments in 2017. just ask alvin bragg, he might know, we'll talk about that and my pal kevin hassett on new currency wars with japan and china, and planet is getting cleaner and biden greenies are having a bad earth day. senator john north dakota on that. jakey hinrich with latest on anti-semitism. reporter: since saturday, columbia university offered virtual classes for rest of systemmester to insure safety oftions. robert kraft pulled his
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support from the university, there are calls for university president to resign, president biden has not used his time in front of cameras at least to address this. he did not address it in his earth day evening yesterday. but for when fox shouted a question as he left. he condemned b b both sides. >> do you condemn the anti-semitism protests. >> i have, that is why i set up a program to deal with that, i condemn those that don't understand what is going on with the palestinians. reporter: biden d declined to weigh in on whether university of columbia president should resign. john fetterman did. biden says many times white supremacy seen in charlottes
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feel was prompted him for running for president. biden made no mention of anti-semitic protests in his 25 tweets since saturday. including 9 about climate. there was a strong white house statement over the weekend. it was from deputy address secretary andrew baits who defended president on air force one. >> president's passover statement, he directly addressed vial comments that circulated over the weekend with a call to act, echoing rhetoric of terrorist organizations in wake of worse massacre committed against the jewish people since the holocaust is despicable, we're monitoring the situations. reporter: biden pass over statement did not get into that detail, it did call on americans to speak out against anti-semitism. at schools on-line, and in communities, but it came after 4 paragraphs about rit
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rritual of passover, and two state solution, and more humanitarian aid into gaza, so far the president hat not lived you were to his call to call out anti-semitism. larry: jackie hinrich thank you. >> you may think i've riffing on anti-semitism, and dei on college campus, i'm safing that for my interview with my good pal steve miller. but, i want to talk about failure of joe biden's green new deal climate bank atm and the failure of all of the biden subsidizes offshore windmill projects, this is at earth day follow through. many of you may not know this, the first windmills were built in 1200ad. in holland. you can see a picture on the
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full screen. they were vertical and land based and i am sure they worked well for their time. it was a breakthrough and created to grind grain. by the 19th century, more than 9,000 windmills in holland, and an important power source, they were used for various industrial uses. trouble is many of today's joe biden greenies' us to go back to the 19th century. i suspect many of greenies want to go 13th century, but, this is a separate topic here is the problem. bidens spend a fortune on subsidizing the huge offshore windmill projects, which just don't work. please read today a superb "wall street journal" ed editorial on collapse of new york state development, ge
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has lost a efficient -- fortune, new york state s subsidies come from the misnamed inflation act. these huge wind turbines they fall over, they requiric ti extensive repairs and are noneconomic. and more than a dozen project in u.s. and europe have been canceled or delayed in last year. meanwhile cost of offshore wind in new york is about 150 dollars per megawatt hour, wholesale price for natural gas is 30 dollars a megawatt hour, you would think that businesses and consumers would go for cheaper natural gas, but no, no. natural gas is the fossil
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fuel. and greenies don't like fossil fuels. natural gas is a client burning fuel -- clean burning fuel and part of long-term solution for economic growth and climate change. last 20 years or so, the increase use of natural gas has lead to huge reductions in lead, and smog, according to committee to unleashes from peprospery it hot line. get this, carbon emissions have actually fallen 60%. this is the biggest carbon decline of any of the major economies in the world, by far. much of this grand clean air progress, can be traced to the increase use of natural gas. but bidens are stushon, they
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won't acknowledge it, even europe has reclassified natural gas as a clean burning fuel. instead, the bidens are doing what they can to stop for example liquid natural gas development and exports, and they celebrated earth day, by closes down 13 million acres in alaska federal petroleum reserve. and if mr. biden were to be reelected get ready for electricity and other power shortages plaguing the american economy. and everything in it at this point 13 century holland will look better and better, we'll talk about this later with in north dakota senator john welcome to kudlow, welcome back steve
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miller. former senior adviser to president trump, president of america first legal. steve, i want to begin with joe biden's obsessions with dei. that i think have spawned this wave of anti-semitism and campus violence. let me get your take on that piece of the story. >> well, all connected so, dei, diversity, equity and inclusion, is about using the power of the state to advance a radical left marxist agenda, masking itself in banner of race, it a vehicle for establishing state control over every aspect of our lives, they push it poisonous ideology to deconstruct western systems and heritage and western law, individualism,
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limited government. all of it, borders everything. that is leading to kinds of radical pro hamas demonstrations that are taking place now. joe biden owns that every bit of it but this is also connected to the war against donald trump in the legal system as well. justice is no longer blind. they are not using department of justice. to go after h hamas supporters who are terrorizing jews and americans and fellow students, they use power of law, power of the state, only to persecute their enemies, not to go after criminals or drug dealers or go after felons or criminal aliens or murderers are more hamas sympathizers, power of state is used to go after
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joe biden's political enemy. all of this all of this is connected about the destruction of the western system of law here. larry: i don't see any effort by biden or his justice department or his fbi for example, to deal with the crimes of hate, speech, and hate crime actions. every one of these schools, should be subjected to that. discipline. there are laws on the books for many years against hate crimes, and hate str speech for that matter, i don't see the presidents columbia, yale, nordo i can see the trustees of the schools taking act, my question is, why? these are clearly hate crimes, why are they not doing something about it. and the they, includes biden
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and his justice department. >> this is civil right law here. as an example, just a few days ago maybe your audience is fantastic with this joe biden and his eeoc, took legal action against a chain of convenient stores for having background checks, background checks, saying that violated civil rights law, here on these college campuses you have black letter violations of student right law, they are violated through intimidation, aggressive physical confrontation, clear violation of civil rights biden's justice department is nowhere to be seen, joe biden is nowhere to be seen, he is not using civil rights law to uphold equal and i
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impartial justice been you only to go after his enemies, for his agenda, the targets his fbi and dojhave in their sights, the greatest threat of them all is the politicalization of our law enforcement from an instrument of justice and toowmneutrality. >> what on cultural front. what about the roller nonrole of the education department. what about the role, of federal funding of all of these schools, that have practicing woke cultures and have permitted this kind of anti-semitism. very little. other than calling off classes for a while. i don't see what columbia has done to change it.
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first, i thought maybe the president was going to be tough but she has not done anything, we know harvard has flunked and jail is in turmoil, a lot of schools are, i don't see any changes. i think to myself, whack federal -- what could the federal government do or a trump administration or what how would you a steve miller do? >> well, donald trump made clear he would use the pushes strings at doe, whiwhich are subsidizing the schools to stop their behavior, you don't have the right to terrorist jews on your campus, you don't have rights to terrorize americans or citizens, near do you have right at a for foreign student in this
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country is up on ove support hamas. he would use leverage to bring the universities to be in compliance with federal law, it is straight forward, department of homeland security with a simple phone call, say to the universities, you don't get access to our foreign student visa program if you are a safe haven for hamas sympathy, if you are a safe place for hamas. why in god's name will we let you have unfitterred access to foreign student visas, this federal government has huge actuals to stop jew hatred and american hatred and tell the radicals you are not in charge, the taxpayer is in charge. larry: steve,' to play sound from president trump.
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>> what is going on at college level, and colleges, columbia, nyu and others is a disgrace, it is a really -- he has the wrong signal and the wrong tone and wrong words, he doesn't know who he is backing it is a mess. larry: i think that it a mess. if the colleges persist and supporting dei, and permitting anti-semitism, if they don't make significant changes then the president working through the department of education and maybe homeland security, i like that idea, the government has to take action. and at least at one level, federal funding is place to go, but also, the schools have to measure up. dei we had professor dershowitz on, and we had other guests, this
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diversity, equity and inclusion, which is left wing cultural marxism is is pure woke spu stuff, it is hatred stuff it deep into tthe sinews of the universities, they have to cleanse themselve of this. >> i don't see them doing that. and this the disturbances will come and go but what will change. >> nothing changes unless you uses levers of power on behalf of the taxpayers to change it they are receiving direct subsidy in form of actual cash grants but the universities which have massive endowments get preferential tax treatment and all of the student debt that is accrued is subsidize.
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every level these universities are funding and backed and financed by taxpayers, why would we finance hatred of our own country, dei, diversity, equity and inclusion is a form of radical racism. why would we finance racism or hatred? of jews, hatred of christians, hatred of americans, why would we pay for that, there has to be an accounting, top to bottom reform of the universities, their, model only exists because it is backed by uncle sam, without that the universities are nothing, there has to be action, and there will be action. larry: well, lit us hope, steve miller thank you for that we appreciate it very much. >> on cud loy kudlow, how you can retro actively steal an election
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that occurred in 2016, when you are undisclosed payments were made in 2017? i don't get it we'll talk about it with former trump department of justice councilor keri cue upic urban, and for some reason you can't get us at 4, text your favorite 9-year-old. nexium 24hr prevents heartburn acid for twice as long as pepcid. get all-day and all-night heartburn acid prevention with just one pill a day. choose acid prevention.
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maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi with xfinity. larry: we turn to trump trial now, how do you retro actively steal an election in 2016 with undisclosed payments in 2017. i don't get that. joining us now kerri kupec urbahn. fox news legal editor, former trump doj counselor. i am reading andyy mccarthy's piece in "new york post," he said, this whole thing is predicated on notion that donald trump stole the 2016 election, they don't come out and say it. but he says, trump oh, orchestrated a scheme
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to suppress stories that could have damaged 2016 campaign, but wait payments were not made until february through december of 2017. the election was in 2016, i don't get that, maybe you can explain it or maybe only alvin bragg knows. >> it does not make sense, suppressing stories is also not a crime. a catch and kill scheme is not a crime. these are questions that i had sitting there yesterday during opening arguments, i thought when numberly person from doj, who left that spot to work for alvin bragg and was presenting oral arguments saying this is about election fraud, i thought to myself, how? what makes this election fraud. larry: this chap colangelo.
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this brings joe biden very much in play. colangelo was number 3 guy in justice department, he is presidential appointee. he has left his job to take alvin bragg's job running this trial. because alvin bragg can't. doesn't that bring joe biden close to this, it looks like white house is orchestrating this. >> it is surprising given fact that spot at doj is a highly coveted position, i think as much maybe a notch below being attorney general. and that is because typically straight path to becoming a corporate big wig, making a lot of money for someone to step town from that spot to work for a local prosecutor, you have to be a true believer, it has to be personal. one of my colleagues who held that p spot is now a top personal wal-mart, this guy went to work for alvin
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bragg in br bringing this case against don don't. donald trump. larry: i believe it say political thing. why is it again the law, mccarthy wrote the nondisclosed accounted are used too set civil litigation all of the people, people will hide information but both parties agree to it. why is that illegal? why is that bad? and why does that mean that trump some hu somehow stole 2016 election. >> donald trump entering with a nda with stormy daniels is not illegal, it is not, it may be sleazy, or people tend to like it, but dirty does not equal illegal. and labeling it as a legal expense in one's leng ledger, i don't see the problem with that
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compensation for an nda accounting characterized as legal expense, i suppose state would like forever him to say reimbursement to michael cohen to pay off stormy daniels, at the end of the day it could fall within that bucket. and lastly not clear that donald trump knew how it was characterized in the ledger. someone who was told do so by her boss, it comes back to the crime. larry: kerri kupec urbahn let's talk about the gag order. michael cohen who is supposedly a serial liar is allowed to take shots at trump, wherever and when every. news shows podcast, and stormy daniels too, but trump can't fight back. i never heard of a gag order like this before, we're in middle of a presidential election here, is the primary opponent of joe biden, this is so rigged.
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this is so lawfare, this so weaponizing it is beyond belief too me. >> it family unfair for this -- fundamentally unfair for this judge to impose a gag order against donald trump and not michael cohen. he has a podcast, we know michael cohen has le lead leader to congress,, lied to congress, and court and media. do you know who el made that argument. aclu . no friend of donald trump. they filed an brief. they were concerned. one could argue that everything from now until election is political speech, this case would have been brought against him if he was not president or not potentially going to be president, retraining him this way, impedes his
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ability to run for office. >> this is a campaign, a presidential campaign. he is supposed to be able to talk. people are supposed to be able to hear him. >> that is whats aclu said. larry: threw have it kerri kupec urbahn. thank you very much. >> thank you. larry: coming up. kevin hassett on donald trump calling out the currency wars with japan. and china. you won't believe how the yen, it has collapsed. stick awou around. what will gdp look like on thursday, i'm kudlow, be right back.
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trump's posting. we will put up the dollar is worth over 155 yen. which is remarkable. and actually chinese yuan not as bad from 640 to 740, question is. is it the dollar too strong or they are too cheap? >> the president is 100% correct, there is an an academic literature jas the fact that even with
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that, we're looking at value of yen we've not seen since i was an under graduate is stunning, the way t to think about it failure of biden administration and janet yellen. the job ofez treasury secretary to pick up phone and talks to people when things like this are happening and say, you need to support your currency, they have failed to do that just like everything other than send their top justice department people to work for alvin bragg. >> naughty good work. japan has m near zero interest rates, that is part of the story our rates are higher. i think that japan is getting -- they are our friend, they are our ally. but they are getting away with it you have cheap exports that will come back to hurt. i don't think that china is clean either in this. china always knows, china
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does like to manipulate its currency we know that from our experience in government and dealing with the chinese, you have maybe not quite as bad as yen but yuan has fallen quite a lot from 164 to about 174. i am sorry from 640 to about 740. if i get my numbers right. what happens there. chinese don't listen to anything. >> well one thing that is going on, i called my friend a wall street friend, part of my job to talk to people in middle of it and ask what do you think is going on, my friend says one thing that is happening is because of the a.i. revolution in u.s. there is surging demand for u.s. a.i. services, and that u.s. economy will surprise on upside, and everyone else is doing weak, it is making people bullish on the dollar.
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the people who are trading this think it is related to fundamentals, as you said the interest rates are low in japan for example, but also inflation is high for them. and soy there are fundamentals that are driving this, it could be that our massive increase in export of digital services is in part creating a boom in the u.s., that is driving the factor. larry: so, the hotlanta fed says first quarter, that ended on march 31, that gdp will be released thursday they gift mate 2. -- guesstimate 2.9%, what do you think? >> i am above that. i think i am almost 3 1/2. i think it will surprise. one thing that i think is happening is that the a.i. revolution is showing up in productivity in services, demand and export of services, my particulars is -- expectations is that number of surprise on
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on the upside. larry: inflation also, a lot of this productivity. you know, this spending government is spending a fortune. they are stimulating consumer demand, not, that shows up as big gdp, but cpi was 4 1/2% at annual rate in january, february and march that is a bad number. >> right that is what happens when you spend like a drunken sailor you get a short-term boom then inflation. the problem is that massive increase in spending by joe biden is going to have to be paid for by someone, at point you try pay for this, unless you do it with big supply side tax cut and growth there will be a big cost to it and you know my estimate of the biden spending, is about a trillion dollars higher than
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we thought it would be this year. i think that is a major factor, that is keeping the economy afloat but driving inflation higher, it is a really incomes are declining inflation is surprising on is up side, what is bidenomics. larry: we should have a big supply side tax cut and more growth. >> wait -- you just said that. >> true [laughter] >> i don't know where you got that. >> i don't know either. >> kevin hassett the best of the best thank you. >> thank you. larry: switching to this surge of anti-semitism on college campuses, liz peek is here. fox news contributor and rich lowry. rich lowry wrote a great piece. and you say this is like columbia 1968. but this is the anti-semitic version. that is tongue in cheek but, i don't know i think you are right. >> a bigger even in 1968,
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they seized buildings and kidnapped a dean, and changed the iteration of american higher education, a sign that left would takeover. and these kids at columbia today are the grandchildren of those radicals, they have taken this strain of this way of thinking that u.s. is always bad and west is bad, our ally are bad. and applied it to the conflict in gaza and conclude that israel is evil and the jews are evil and we're with hamas. larry: liz, this is going to last dig in -- i say in this sinews of colleges and universities from dei, you have cowardly presidents and trustees. >> i was thinking about that. we had since 1968 is a faculty shift toward embracing these things that radicals in '68 were talking about. that was mostly vietnam
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war. and you could be deferred if you became a teacher. and the entire academia shifted far left, it was anti-american to be sure like it is today, but now you have generations of people educated by the left lining people, people who -- left leaning people, people who don't like the united states, they don't like capitalism or free en enterprise or opportunity, the things that traditional americans stood for, this is a bad thing that is what these kids have been taught, good news about '68, torched democratic convention, chicago convention, i am hoping that it does the same thing this year. larry: you got richard nixon that and i another segment. >> there is is that. larry. larry: is rishi
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rich lowry, he said biden will not win sunbelt swing states, arizona, nevada and georgia, not winning working class votes not winning young votes, not winning minority votes, we will put up on screen, the poll show trump takes 6 of 7 swing states. >> trump has a better aelelectoral path. you could win california by one vote or by 10 million. you still get the the electoral votes. trump has a narrow national lead, but a bigger lead in a lot of swing states, i think he will win north carolina and georgia, then a lot of option, he has to win a blue-all state, michigan that polls has lodged strong.
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larry: what happened mr. trump is stuck in this goofball trial, which no one understands but alvin bragg and his mentor from justice department colangelo who was appointed by president biden once upon a time. trump is make use of microphone not just to trash bragg and company, but he could talk issues. he will have the microphone, he is limited, a terrible situation here, is being gagged. he could talk about issues, he talked about the currency issue on truth social for example. he is blasted biden's nonhandling of anti- anti-semitism on college campus. >> there are after hours, we have a lot of hours in the day where he could talk to reporters. and i wish high would. i -- he would, i think he should talk less about trial, my view. talk more about the issues.
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because biden is out there every day, going to a swing state, and giving them a new manufacturing plant, new water treatment, something from the inflation reduction actor american rescue plan, unbelievable amount of goodies spread around that is effective. he is not effective. money talks. talking right now, only thing i say back to conversation about the swing states, i am very anxious that arizona has abortion on the ballot, and nevada. we have seen in 2022, that drives money, and drives turn out. that is the one thing that keeps me up at night. larry: you think that all that money handouts, student loans and i am not sure that works any more that is old politics. >> what they have, but, people concluded after the afterafghan withdrawal here, is not competent, he can't be trusted, he is not a strong leader, he has to
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overcome that. larry: that all causes inflation that is still number one issue. >> and imf said so. >> it must be true. >> [ laughter ] >> you are right. >> liz peek and rich lowery and the imf. lord knows, on kudlow. very sorry to the doomsday climaters, but the earth is getting cleaner. i am having a better earth day, because of natural gas, and everything that joe biden has done has backfired. i am kudlow we have senator john hoeven, stick with us please. choose advil liqui-gels for faster, stronger and longer-lasting relief than tylenol rapid release gels because advil targets pain at the source of inflammation. so for faster pain relief, advil the pain away. nice to meet ya. my name is david. i've been a pharmacist for 44 years.
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larry: news flash to to biden client at people, the united states a is getting cleaner, joining us senator john hoeven of north dakota, great to see you. i'm looking at numbers, it is interesting. gdp up 800% in last 40 years. while carbon emissions are down 60%, difficult things like lead and particulates are down by more, we have
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done a good joh job, i think it has a lot to do with natural gas, when the bidens hate. senator do you read me? >> you cut out. your point is well made, we're producing energy with great we have gu best environmental standards and producing energy from a lot of different sources, we can continue that with you biden administration has to stop putting rece regulatory burden on our energy producers, we need to remove handcuffs, we could produce a lot more energy with latest, greatest technologies that give us good environmental steward ship and create jobs and security and help our allies. >> you know senator, i don't get is their obsession with all fossil fuels, including natural gas, and lng, you
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have on other side in europe, they have reclassified natural gas as a glean burning fuel -- clean burning fut fuel, why don't our greenies understand that. the thing that goes with it because of natural gas, here, lead is way down, particulates are way down, smog is way down. and overall emissions have fallen more than -- by more than any other place in the development world. it is like, where don't the bidens understand those factoids. >> again, nobody is more innovative and creative than o industries here in america if we let them do way that can do, that is what we're seeing in energy. this base load we need so badly for grid reliability, the regulations are forcing them out of, this is the wrong approach, we have to empower, in my state of
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north dakota, a huge energy power house for the country our energy policy empowers our industry to produce from all of the different sources, and again with the latest technology. and it is so important not just in terms of the economy competitive this is a national security issue. his policy is driving up the price of energy for example oil, and that is what is fueling the russian war machine, iran and their terrorism, hezbollah, hamas, houthis, they are funded by iran's oil sales, it is not only a national security issue but a global security issue, and your point is on the money, we have the best environmental standards, they are getting better, make the handcuffs off, and lit our energy producers here at home do what they do bitter than anyone else? the world. >> senator john hoeven happy earth day thank you for come back on. >> take care. b
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