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tv   Kudlow  FOX Business  May 28, 2024 7:00pm-8:00pm EDT

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milk hello folks welcome to a
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special edition of him. little early work prosecutors that lead witness michael cohen light on the stand. and there it underlying felony crime. even charge in the case. we are break down what was going couldhappen next. but first lydia is a life outside the courthouse. with the very latest i love your notes you'v you been sending toe fox crew. so latest? >> the latest is that the prosecution has been present in the closing arguments about two hours too. we still expect orders to go about in that middle what they are presenting as their final take on the case they have built against the former president.
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joshua is the state prosecutor who is presenting oral arguments to the jury. his wicked i will leave you an example wide both budget seems to be getting to the figures are there make a final pitch of the jurors. what of the issues that has some michael cohen guilt thousand 18 he who attacks occur and also also thefederal election violat. arguments the judge is allowing prosecution to open guilty. the only really thought donald trump should have to charge it would have had to reckon with as well. that's it really prejudicial because it's basically saint cohen wasn't guilty of the federal election violation.
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trump is therefore to in essence. during the actual there was testimony being presented by both sides the judge would sustain defense objections around this issue because it is so prejudicial but instruct the jury at that time during testimony the information is there to consider michael kohn's credibility not to consider whether trump is guilty of the 34 chargers in this particular indictment. very interesting to see judge merchan along the prosecutors buying conclusions from what was michael cohen's guilty plea back in 2018 not donald trump. so, still from the prosecutors the defense attorneys presented their closing this morning we heard from todd blanche he spoke for just under three hours. i thought the most powerful moments came from todd blanchard early on his closing remarks explained to the escape repeat it simple. avoid cheap art fight jurors
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into the documents. .michael cohen's own test of himself out of personal counsel for donald trump in the public eye allowing the public and clients of the news media. it would make sense rep. period he had a powerful moment at the end which it with up. this case about pulp does not matter of your personal opinion of the former president was a does not map plan to vote for donald trump or president but in the action. matters is the evidence as a presented in this case enough
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with arguments done in the jury members and get his case to begin deliberation of the real test as to whether they heat that it said. dano sent back to you. >> it supposed to be kept out of our courtrooms that is what makes america should. it is that simple cute truck boarding it is a great ship. for more on all of this another eye and ear courtroom. with embarrassment of riches about that do you believe prejudice has been kept out of this courtroom the been a as it has been up. just was allowed to testify unimpeded. donald trump ha patterns hotel r the she did i picked which is af
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falsifying business records. >> forgive me but does the jury know to directly deal with what donald trump charged with or have they not been told that by the judge? the judge along the way had been some things from the record including some stuff from stormy daniels. he has but your quest gets to i think the heart of this case in a lot of ways which says the prosecution now to conflate dirty with illegal in the minds of the jury. horses would play not the case. iran into this lot when is it d.o.j. people were frustrated with the attorney general built for favorites.
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cap to defend our witness decisions and say look, just because something doesn't feel right or it is dirty or sleazy does not make it illegal. make the negatives. we deal. are things that need to be established. here, the prosecution has a responsibility to beyond a reasonable there to bear. and yet instead what it state code to look for something they can fit to donald trump's behavior. which only an abuse of the office and eve on the former justice official is alvin bragg's right hand. one knows better it will be summoned from the department of justice. that is particularly useful per. >> will get to that business. on jury have had to adjudicate in cases where you're dealing with bad characters.
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i would always rely on the judge to like this guy. you may not like what he represents. heat may not like his attitude. you may not like the evidence that is against him. that cannot prejudice you against the final charge pretty fact guilty of what he has been charged with. in this case by the way we are not sure not been mentioned. want to play at. eaton try criminal cases against her the are on the precipice nas here.
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an entity about what the crime is. at a five week trial, five weeks of testimony after statements we are right on the verge of summation is still clear that they say he did. they arm along. >> if crimes can be made this country in courts around the country times within which the trial focuses on a prejudice weather than evidence what can happen to trump can happen to anybody. take a step back for your to reflect comes onto the words
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obsessed with trump he once was obsessed in love with him that shoot hatred toward him into a known liar heat missed lettuce on the stand several weeks ago casually talked about this reimbursement plan that he was working the cfo at the time you got the feeling from michael cohen as you're sitting there in the courtroom he just wanted his money back when his christmas bonus in fact we he was a patting his own pockets as he was doing it. he everyone was to rely on, the president of the united states. jury microphone is a terrible
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witness is a proved liar he admitted to stealing success asked the judge that we are in this courtroom we can. other than, the reason why the charge that but 34 felonies. two absent federal court that is why they're not mentioning it, right? yes. it writes it is not their jurisdiction. the depart department of justice declined to bring it. the world are we now sitting here and there bring in the blink effect with respect to the judge throughout this trial the fact t he imposed a gag order against donald trump but yet michael cohen, stormy daniels on
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these other characters were allowed to continue to say whatever they wanted to say and make money off of it. an favorites with his own credit built with an unpleasant donald trump. you know better than anyone, what is the purpose of a gag order? it is to prevent harm to a case in other what can be done. does anyone on this planet know it donald trump thanks about all this [including the jurors before they even took their seats? of course. these are the kinds of things a book? some people's minds about the credit of the judge. >> very quickly because it ought to go, which at least told the jury that nda's are not equal that hush money papers are not illegal? >> we have certainly heard that come out during testimony. by the prosecution and the defense as far as he judged himself a spell that out yet do not recall in doing so.
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one could walk away thinking it was anything but legal. the point has been made. including, including by the prosecution's witnesses. >> of the come to that conclusion up is innocent, right? in the eyes of the jury. >> right one would think so but the prosecution's convoluted even though that was legal although the pilot the jury to not like to think it is based on how they've approached this case, and though it is illegal there is an attempt. it is a violation of new york state election law because they were unlocked sparring to promote a candidate for office even though of course the nda is legal and secondly there are a lot of things apollo can promise or leave at crime later on. >> 's toother think what kind of president accidents does this set of donald trump is found guilty for other politicians who come out with prompt not met later on at that.
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birthday being here. coming up the by the administration insists we would all be better off buying ei what steps clearly do not at when "kudlow" continues.
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going that route. but what you do do is create a glut of the product itself. and at the end of the day, people are very comfortable with their, you know, their gas vehicles and their combustion engines because they're reliable and they know they know how to work on them. there's all kinds of benefits to, you know, there there may be reasons. i mean, there are people i know who have electric cars, who are happy with them. not in chicago , by the way. after that last winter. and you discovered the battery problem with with cold weather, but politicians and bureaucrats, it's when they spend our money they don't do it as effectively as we do or as the market does in deciding
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what works and what doesn't. isn't it that simple? i mean, just one other example is this $7.5 billion that that has been spent sending up these charging station stations all over the country? they only have 7 or 8 of them, 7 or 8, $7.5 billion. that doesn't add up. it doesn't add up very well, that's for sure. and the goal was the promise by by joe biden was there would be half a million of these charging stations. and you sort of touched on on that point when you talk about chicago and the fact that the batteries don't last long. in fact, when the temperature gets below 20 degrees below zero, they lose 40% of their battery life. and if you live someplace where it doesn't get 20 below, try north dakota. it's fairly common for it to get 20 below zero, so that leaves an probably half of our country out of the out of the market for an electric vehicle. and the other thing, david, is it's largely wealthy people that do buy electric vehicles because they live in places then, and they can afford to have an extra car. they like the idea of an electric vehicle, but
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that doesn't even begin to talk about the fact that we don't have the electric generation. and transmission that can support more of this demand for electricity. we've got ai eating up a lot of electricity. you've got cryptocurrency mining that takes up a lot of electricity. and again, it gets right back to the fundamental point of the market. the market is simply not there. there's not a demand for it. and you're seeing that not just in the united states, by the way, but around the world. you're seeing the same. well, they can't create markets, but they can destroy them. and they're trying to in addition to pushing, you know, with all of the subsidies that taxpayers are paying for, they are also creating new regulations that are very tough on gas powered cars. is it conceivable that they could force it the same? they're doing the same thing in states, by the way, with regard to natural gas ovens, we have all these these new regs for ovens that make it almost impossible to have gas ovens. now, even though, you know, if you have an electric oven, hey, somebody's got to pay for that extra, extra electricity, of
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course, electricity also has to be created somehow. and it's not always be able to be created by by sun when it's cloudy or by wind when there's no wind. well, and gas furnaces. we just had a congressional review vote last week on gas furnaces to get a gas furnace. that's 95. and this kathy burnett cost hundred -- five you get electric furnaces of cheap but the cost of the fuel is double. there is no rationale for any of that stuff in the free market system. correct such distortions. not only market but foreign-policy distortions. iranians this duration. we are bartering for all l from ben is split they that appeared
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you in a clean environment you produce it here we have -- speaking of iran but at the news over the weekend, shocking nosy by the administration is now pressing our allies our european allies not to confront iran on the nuclear program. advancing very quickly the more liberal than france and the uk i start to get a little worried, do you? >> @live. this is the latest example of a projection because iran along look at the way they're treating or front drill for example offense of weapons that could help them put in at the fact have not sunk any iranian ships sailors is. iran a nuclear deal if ridiculous but you weapons are
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not up to fire them at the stouffer's of the weapons coming back at them. it's an absolute projection of weakness and it is a philosophy most americans and frankly growing world do not the quickest way donald trump is hitting on common sense as the issue of this campaign. all air sealing with the border, foreign-policy, et cetera. keep in care. >> biplanes build their case donald trump. there is evidence that suggests. will have all the detail with house oversight company.
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news reports of president biden went to let loose on the wentz regent former president hutch hush money case peter doocy's life of the white house with a lot or even watching every tick and tack of what's going on up a pier. absolutely and here at the white house we were lifted to believe because of a political article citing several sources close to the white house whether trump is found guilty or not guilty, when is the result president biden d come forward, at the white house to talk about it. how the result needs to be respected because it is the product of the judicial process. today the press secretary in a briefing that ran about an hour would not say for sure that is the plan present vital talk about it. this schedule is kind of tricky. bart was going to pennsylvania and then delaware for a couple days he would back here to celebrate the chiefs super bowl
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victory that is gone for the week beginning of next week is headed to europe it's a very, very unlikely present but will be addressing a trump verdict from rep. we do not know exactly what's going to happen will probably depend a lot on how long it takes a jury, which of course based on all the legal analysis is going depend on how long it takes the prosecutors they are in new york. something else very interesting, over the weekend present bios in delaware he visited privately with one of the witnesses special counsel's go is going tl to testify against hunter biden i asked karine jean-pierre about what were they doing? she said they were visiting ahead of her widows the night anniversary of his passing. she says they did not talk about her testimony coming up. optics of that are something a lot of critics are pointing out are a little bit off of it.
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>> they sure are in fact that reminds us to member the tarmac case. [laughter] in 2016 or 2015. peter doocy thank you very much for that appreciate it. for more on all the spring in kentucky congressman james, chair of the o house oversight committee. so, remember the case when the attorney general then attorney general was met on a tarmac by bill clinton in a case that he should not been talking about. he may say it had nothing to with hunter biden's case but kind of hard to believe that did not enter into the conversation, right? this is very hard to believe and i have no reason to believe much of anything joe biden said after i've been investigating him for about a year end a half now. the number of lies he has told pertaining to his family is almost immeasurable. so when you look at what happened with the clintons and
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obama and biden with respect to conflicts of interest the rules do not apply to the ruling class that is what it seems to me. rules only apply to republicans when it pertains to ethics and the rules of the judiciary. >> also reminds us how the dot has gotten involved in other cases or seemingly so in the bragg case that we are trying now in new york. i think number three man and d.o.j. came down to new york become a assistant prosecutor which was a big step down for him in order to adjudicate the case. clearly he had the interest of the biden administration in his mind and then you have the fani willis assistance/lover several at the white house about the intro project. project. it seems very often what influence in the d.o.j. is what it looks like from here. that looks at 10 most americans that is why most americans see when they see the conflicts of
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interest with all these prosecutors went after joe biden's a political opposition. there are so many conflicts of interest and we all know justice is supposed to be fair and balanced and the judge is blindfolded the jury listens and rules of their intent after going all the evidence. what you see with the biden's hand picking the prosecutors media spin false narrative is to spin and intimidate and to obstruct the americans are seeing through this. a lot of people in america that traditionally vote democrat have felt like they have been victims of an unfair judicial process or members of their family happen at victims and unfair judiciary going to vot beaufort trump this time because they see joe biden abusing his power. know that media hates this when people do it and they conservatives do it. the fact is that this was donald
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trump interfering with the cases outside the jurisdiction, the directed jurisdiction of d.o.j. what you think would happen? >> they would throw the book at your own. they would throw the book to anyone and trumps orbit. you look at with respect to the biden family if that were the trunk family can you imagine? they would already be imprisoned and it is a chops not fair. we have seen the two-tiered system of justice but it relating to the average american the average american feels like they have been wronged and unfair judiciary people are rising up and they're going to send the biden's a mess this fall i think the whole attempt to try to gaol their political opposition has backfired very badly on the biden. we'll talk about that with the panel what about the bragg case in particular? see a judge who clearly seems to be favoring the prosecution in this case over the defense. have to necessarily be from the
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other side of the political spectrum see that. do you think the jury is going to be aware of that? they do not know if the law is like up there certain instructions i get from a judge who is biased that could tainted the decision of this jury. let's let's hope the jury sees that very think every american watching this trial is that. every person i spoke with especially my college who've spent the day for behind an donald trump would say the same thing. it is very obvious to everyone in the room. there are a lot of people concerned about any republican much less donald trump getting a fair trial in a city it being a democrat city is new york city. i am hoping for the best. think they have overplayed their hand. we still do not know what they are prosecuting donald trump over it see an analysis of the doing a poor job of making their case so hopefully the jury will see that. >> cnn crowd over the weekend
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they knew the jury it was at home during the long memorial day weekend they changed her tune about their skepticism they are all in for judge merchan i was watching britt congressman thank you so much for being appreciated and good to see you again. panel pointing out and six. good to see you both wheat note l'affaire is not helping present biden's push is number seven going down, trump summers are going up. there is still the a list working for president biden the hollywood list. a couple of them showed up today at the trial i want to play a little bit of a robert de niro and get your reaction role the de niro tape. >> if trump returns to the white house you can kiss these freedoms goodbye take for
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granted. and the elections come forget about it, that is over, that is that if he gets in i can tell you right now he will relieve. he will never leave. you know that. he will never leave. >> he said it three times for emphasis. what do you think voters will think of that? >> lexi's apocalyptic warnings about the horrible things that donald is going to do our falling flat. not only had they engaged in this a l'affaire as you call i, so persistently bringing cases in a normal person with our complete rubbish. during all of that people tuned out they are tuned out. >> or the op tuned in and realize they're not in favor of this spree what happens to trump could happen to us and yet they keep sticking with the evenness biden numbers come down they stick with it. >> is not just these trials
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going on. biden is also spending tens of millions of dollars advertising and states and you go back to where all of that huge spending numbers began and these trials began. biden is not prospering either of those things he's not make the ground up at all. >> is not all the fact biden is making the bad moves trump megan's very good moves limited as he is of course he spoke to the bronx a crowd there is a woman warming up the bronx crowd last week met and was on a varney player sound bite of he. she talks about too whom it is donald trump is putting his message. ruled that tape. >> truck is speaking a language. figure out a way to connect wih poor minorities let's put in perspective. my, asian, jewish, hispanic. a rrush, time, anybody and meetd
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work every single day. when they get paid, their paycheck days and the refrigerator still empty is working, and it is working. quick stop did not matter whether black or brown or white or whatever color you are it does not matter we are all americans contrast of joe biden says if you don't vote for me you went black. that's waitressing a discourse you have the start of a bronx tale down to new york today but the real bronx tale was up in the bronx last week when all of what joe biden would call little breakfast taco showed up with their maga gear and supporting donald trump. joe biden is unelectable. i would be surprised if he makes it to the starting gate is going down into three single demographic. maybe dead voters are going to vote for him this time that remains to be seen he is losing ground everywhere. i do not see them getting their proxies losing ground the young voters voters under 30 and 2020 were solidly for joe biden 61% i
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think we've got the numbers we can put it up your now. right now they are tied at 49 cents apiece. look at that biden has lost what is it about 25 points over the last four years? >> a part of it is certainly the economy. a lot of young people are in a position they cannot buy a ho house. that is the starter step for people wanting to invest in their future and housing is him is unaffordable it is been since early 1980s. a tremendous blow i think the next story you're going to be reading about his kids coming out of college not being able to get good jobs. the party scene layoffs an awful lot of the hot industries like tech and finance. guess what, this is going to resonate with young people who are already having a hard time. it is not that surprising he's lost a vote of young people. besides remember and the emperor has no clo clothes it was a youg girl who sounded the alarm the
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emperor was a naked young people are look at joe biden said are you kidding? he's the guy that's going to lead this country for warmer years? no way. >> you do see some damage and if you don't see them as much but according to politico in this piece out yesterday saying they are in full at full blown freak out they may not state on television may not say to him press gatherings et cetera but they are freaking about what is happening which leads me too wonder whether joe will make it to the election where they will pull him before the convention. >> if he does run will be the biggest loss in voter turnout for joe biden for sitting president ever in history's going to lose more votes than any other president in history. donald trump gained more votes than any other president in history the second time he ran he gained 11 million more joe's are going to plummet that's what a scratch edwards has a disc i got 81 million votes and we can get 50? what happened to the sky something doesn't smell right. >> ain fairness to what happened the fact is we've tried his
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policies and they did not work. that is really the point isn't it? the border is a mess the economy is a mess, foreign policy is not doing well provide interesting fact vegas odds have donald trump as the heaviest favorite i've seen since his election cycle. second-place biden third is michelle obama ahead of rfk junior. >> if she does it. alec and liz good to see both thank you for being here coming up prison biden says he is ready to lov let the successful trumpx cuts expire. art laffer steve moore will tell us what that means for the economy when a bloke continues (♪) bounce back fast from heartburn with new tums gummy bites, and love food back. (♪♪) uuu, this looks romantic. [bell sounds] welcome, i'm your host, jacob. —hi. —hi. do you believe in ghosts?
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>> at our national debt is about to pop, over $35 trillion present biden's advisors is the only answer is to raise more taxes to keep president biden's a trillion dollars spent answer flowing into our economy. no matter who is elected the trump tax code is due to expire next year. so what happened next with taxes andin our economy to better adds the tax strategist architects of several tax codes former reagan trump tax advisor at the end website committee to unleash the
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prosperity to get. on the internet for good to see both gentlemen thank you for being here. art laffer first to you. what happened if biden is reluctant to increase taxes he's going to claim all going to effect the ritual will not affect our people. taking under $40000 year we also know probably will. i am more interested in it happens trump is elect access code will tax code from 2017 or will it be something new like may be at the text, i am just wondering? >> david think have to call him if you'd like his phone number i'm sure steve there. he will give it to you to call for a for donald trump. but let me just to say of the tax expire, they do tax raised up dramatically is the sink mot of not.
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seriously your taxes fair bag as you can carouse, you can get will, you can drink and smoke and is federal government is concerned that's fine, it is your money. get that money to your kids or someone else's kids you dirty rapper going to tax the live and out of you. is the most noxious terrible plan i've ever heard. expire sort of like did you hear about the g gaza relief appeared today? the thing stank c static cost ad $50 million and it sank that the biden perfectly set send up and chew gum. it is just a tragedy. it's going to happen if biden is elected what happened elected?
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what i think of the old tax will beget? xp are certainly going to ask cuts that art laffer and larry kudlow at such an impact in putting together. you probably heard of this before there is a very famous curve in economics called a ready for this is not to complicate the lower tax rate revenues? we have a full screen. put update screen and it up cuts were put in. it's right look at the original forecast from tax cuts not only
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does the tax cut but we more revenues before the taxes were cut. i mainly tax for themselves what i am saying is they did choose economic growth they made america a more prosperous a place of other quick thing affect, heralded features of trump tax cut is we doubled the standard deduction. and by doing that he took a big step towards get into a flat tax big guess what all of the deductions, the vast, american deductions anymore. that makes the only people who do are the rich that gives us an opportunity to get rid of all the deductions. get it down to 20% you're almost there to flat tax. >> you taking that? >> i understand if you could write that out for me i think it's great. by the did pay for themselves totally and completely by the way it. [laughter] [inaudible]
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mopour the paper themselves. i have loved you from the beginning. david, you too you got the two greatest people on earth i love you, love you, love you i don't if you know but steve and i are doing a book that's coming out. steve is doing the book i'm tagging along. we've got a new one called trump with 2.0. steve was a called? >> go ahead you're giving an opportunity to sell a book. >> i'm going to tell you, david, talk to donald trump he said don't call it that called the greatest economic expansion of all times. [laughter] for you. >> the fact of the matter is we will have age which there goes noaa noah's back again we will a change that may eventually be a flat tax very got 10 seconds. steve. >> i am all for it. look, trump has learned a lesson lower taxes were growth regrown gentlemen wonderful to see you as always but what up over thank
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