numbers. that's what we need to keep the rally going. there's always a bull market somewhere and i promise to find it for you right here at "mad money." i'm jim cramer. see you tomorrow. hey, larry, what do you have for us? all right, jimmy. ahead of fixed income at blackrock former treasury undersecretary peter fischer will be here in a few minutes with his wisdom. good evening, everyone. i'm larry kudlow. this is "the kudlow report." our top story tonight incredibly, president obama denies his campaign called mitt romney a felon despite tape from his campaign manager stephanie cutter to the contrary. >> either mitt romney, through his own words and his own signature was misrepresenting his position at bain to the s.e.c., which is a felony, or he was misrepresenting his position at bain to the american people to avoid responsibility for some of the consequences of his

investments. >> she actually called him a liar at one point. we'll cover that later. the president holding a surprise news conference, his first in fi months. no mention of the economy. no mention of economic growth or unemployment from cook county illinois. that's chicago and its suburbs, to you and i. mitt romney leads obama 49-37. we'll have the latest on that later on. this comes as the liberal newsweek magazine run by ultraliberal tina brown walked away from obama with an article eviscerating the president for not delivering growth, deficit reduction, entitlement reform or bungling foreign policy. also this evening, liberal democrats frothing at the mouth over two.

me, i think he e's a dead man walking. gop congressman and staffers rebuked for skinny dipping in the sea of galilee a year ago. republicans aren't so uptight after all. they learned the hard way they cannot walk on water. sinld indicated columnist ann coulter is i my guest tonight to comment on that and more. apple now the biggest stock in history. this as the stock is flat today. former undersecretary of the treasury, peter fischer joins me in a little while. first up, a week to the republican national convention. a busy day in the race to the white house. cnbc's own john harwood joins us with details. good evening. >> good evening, larry. as your intro suggested it's an unusual news day. an obscure senate candidate can overshadow a presidential race.

that's how dumb todd akin's comments were. there was a campaign. the week old republican ticket went to new hampshire. mitt romney, paul ryan campaigned together and called out president obama accusing him of dodging their desire to have a debate on the issues. >> it seems the first victim of an obama campaign is the truth. [ laughter ] >> it has been sad and disappointing. frankly, when i became the presumptive nominee, the president called and congratulated me on becoming the presumptive nominee and said america deserves an honest debate about the future of the country. i agreed. i'm waiting to hear him begin that. >> president obama also had the press corps waiting for a news conference. he had one today. he defended the tone of his campaign saying he had not gone over the line. he noted that he didn't make the controversial priorities usa ad

that linked mitt romney with the cancer death of the wife of a laid off steel worker. president obama said his calls for mitt romney's tax returns more than the one-year release so far are appropriate. >> this isn't overly personal. it's standard stuff. i don't think we're being mean by asking him to do what every other presidential candidate has done, right? it's what the american people expect. >> there was one thing mitt romney and barack obama agreed on today. they both denounced the comments by todd akin and republicans commenced a full court press to get akin out of the race. it could endanger the senate seat in missouri and the entire control of the senate given how close it is. >> yeah, john. i i think you were right on the last one. $5 million has been pulled from his campaign. he's a dead man walking. isn't he? >> you know, you never say never in one of these situations.

i think he's very badly, badly wounded. i think claire mchaskill's chances of winning, the incumbent democrat have gone way up. not impossible for akin to come back but i don't expect it. >> thanks. we appreciate it. john and i will be at the republican national convention in tampa, florida. bold headline. i i love this story. bold headline from the liberal magazine newsweek. it's a shocker, quote, hit the road, barack. oh, my gosh. neil ferguson of harvard university says obama has broken his promises and it is clear the gop ticket's path to prosperity is our only hope. this is newsweek running away from obama. is it time for president obama to go? here now ari melber of "the nation" magazine. also with us, author and film maker dinesh desouza what's

latest film is in theaters now doing well. i want to read ferguson's bill of indictment. you talk about this. he says no growth. 2% dprout instead of 4% growth promised. over 8% unemployment. it's closer to 15. they said it would be 6%. real income is dropping. it's a 50/50 nation ferguson said. half the people pay income taxes and half the people get transfer payments from the government. no deficit plan. no entitlement plan. no debt plan. he's bungled foreign policy. i begin with you, jim. if newsweek deserts obama, he's in trouble. >> i'm surprised they didn't steal the famous time magazine headline "god is dead." that would be appropriate. i don't think anybody will be idolizing barack obama after the statistics you said. the liberal blogosphere tried to

find everything wrong with the numbers, the font, everything. you can't run from the numbers. >> did they find anything? interesting point. neall ferguson is a distinguished guy. i will bet he's very careful. he's saying you promised this and you didn't deliver that. >> that's simple. he promised 4% growth, gave 2%. unemployment is up. the debt is up. even the president said, it's not my fault. you know the economies after a financial crisis. they are slow. everybody knows. he's now a believer in the new normal. it's not his fault. i don't believe in the new normal. i think it is his fault. maybe newsweek realizes it, too. >> tell me what your problem is. maybe you don't have a problem. >> i know you are excited. i don't want to burst your bubble. there is an important sentence in the beginning of the article where he says he was an adviser to senator mccain's campaign. >> he was a good sport.

he said when obama won he was a good sport. he praised obama, as i i did election night. >> sure. >> this is a factual article. >> that's gracious. i do disagree with the notion that this is a problem on the left. we have a mccain adviser who, big surprise, doesn't want obama to get re-elected. he didn't want him elected in the first place. as for the numbers some were misleading when they talk about half the country paying taxes and have not. if you talk to most people whether they like taxes or not they don't care what it is called when they pay into the federal government. he was off in the bay he cited cbo numbers. paul krugman has more on that. he's a nobel prize winning economist. >> nobel prize winning. >> you're such a good guy, a good analyst. when is the nation going to walk away from obama? i reckon if the left wing newsweek, tina brown. uh know her.

it's not personal. she's a lefty. if she walks away from obama, who's next? is it the nation? be honest. give us the scoop. >> i don't have a scoop for you. i don't think most of the left is walking away. i was talking to roger stone who is coming on the program. we were talking about the fact that on the numbers barack obama has the highest intraparty democratic approval of any president since kennedy in the democratic party at this point in his term. there is no crack up. >> that party is smaller. that's what killed carter. democrats bailed. democratic party is much smaller. yeah. they're unified, more purist group. there's not enough of them. >> there was enough for a huge majority. >> what do you make of newsweek walking away from obama and ferguson, a distinguished guy, who wrote the essay and listed five, six, seven, eight, things including bungling the middle east, syria, iran, egypt and

israel as well. >> that would be my quarrel with the article is the word "bungling." on the conservative side the view of obama is he wants x but keeps getting y. right? in other words, he gets results opposite to what he intends. i think it's wrong. i think obama is getting the results he intends. in other words, obama wants america's footprint in the world to be smaller. he wants america to have a smaller role in the worl. he's a global redistributor. he's perfectly happy to see oil drilling go down in america as long as it comes up in brazil, mexico and colombia. >> just as he wants more people dependent on the u.s. government and fewer people paying taxes. more rich people, but the rest of -- it's the same idea. he's redistributing in home just as he's redistributing abroad. >> that's the key. the reason democrats

misunderstand obama is they think when they talk about the 1% and the 99% they think obama means only in america. from obama's point of view america is the 1%. in other words, even middle class guys, poor guys in america are rich by world standards. >> i've got to get your movie in. switch gears for a moment. do we have a clip of 2016? this is an astonishing story that gets to the heart of the themes laid out in 2016, obama's america. you have a startling claim that president obama's brother george came to you -- came to you, not his brother barack obama -- for money to help pay medical bills for his son because he had no one else so ask including his multimillionaire presidential brother. for a guy who talks about spreading the wealth, helping other people, how in god's name can president obama, a multimillionaire not help out

his impoverished brother and family in kenya. that's real poverty over there. >> well, my initial thought was this is a case of pure hypocrisy. obama's brother is living in a 6 x 10 hut in nairobi. he walks through sewage to get to the street. obama hasn't given him a penny. then obama has an aunt who sells coal on the streets of a small village in kenya. she'd like to get her teeth fixed. i thought a pure case of hypocrisy. when i met george obama in kenya. we did an interview in the film. something interesting emerges. it's a funny way to put it but george obama is a little bit of a conservative. >> ooh. >> he's a free market guy. george obama says, don't blame the west for the poverty -- >> for that his brother barack is not -- i have to hear you. how can barack obama not give his brother $50,000?

>> i have to say, dinesh, you have a low bar to reach. you talked about 9/11 being the fault of citizens on the left. you talked about abu ghrab being the fault of liberals. this is pathetic even by your record. you are trying to take a donation you made and make political hay out of it. if you want to donate, fine. >> first of all -- >> i want to speak and i will be interested in your response. why you think your donation to this individual should be measured against the president as a public matter of inquiry, you haven't proven it. i don't think this is relevant. i assure you if conservatives were facing this uh attack about their own private charity they would be outraged. >> of course mitt romney gives a lot to private charity. >> massive amounts.

>> it's not a legitimate critique. >> why? >> look, the reason he's agit e agitated is because the theme of the fair share is the center piece of the democratic re-election campaign. obama goes around saying we owe obligations to the less fortunate. the praise he used in national prayer breakfast is we are our brother's keeper. in the film i say to george, you're his brother. has he been your keeper. here is george's reply -- go ask him. very telling. here is a guy with all the means in the world. he would have to lift his little finger to help george. it tells something about his character. >> politics aside. if not $50,000 give the brother $25,000. in kenya that goes a long way. why not? politics aside. >> i don't know. dinesh has done the reporting here but hasn't proven it. we don't know. >> let me -- >> i'm going to answer larry's question. we don't know why. i know you can find long lost

relatives of anyone and dig up stories. you could do it for anyone on the panel. i don't think it is a legitimate line of inquiry. >> i have to get out. we can debate it quite a bit. watch the movie 2016. thank you. we appreciate it. coming up, stocks at a near standstill as investors hold their breath. they are waiting for minutes from the fed's last meeting. we're going to ask famed investor peter fischer, head of blackrock's fixed income group. he's next up and he's a very smart guy. you are looking at a treasury secretary there. later on gop strategist roger stone accuses paul ryan of being a big government proponent. he calls ryan a faux deficit hawk who is not pro growth. we'll have to debate that one. don't forget, free market capitalism is still the best

path to prosperity. ryan is a free market capitalist. i want to hear what my pal roger stone says. [ male announcer ] how do you trade?

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all right. let's talk markets. on the verge of an impressive high markets finished flat today. blue chip index trading at a narrow 45-point range. peter fischer, head of blackrock's fixed income group and a former senior executive. served as undersake of the treasury. as always, welcome to "the kudlow report." we appreciate it. i want to talk policy. the federal reserve has created $2 trillion some odd in money. the federal government has spent at least a trillion on one thing or another. according to the joint economic committee this is the worst recover are you in mo attorney times going back to 1947. unprecedented stimulus, lousy growth. what happened is th? >> it was the end of a bull run in credit creation. we got over exuberant with credit creation. when you squeeze back on the

financial system it's a slow recovery. that's part of it. i agree. i think the stimulus was misspent. i didn't think about it at the time. i tell you what a shovel ready project is. it's a project a governor never bothered to fund. they had it on the books but it didn't have the pay-off for anyone to fund. out's a good idea in principle but didn't work in practice. there are a lot of things that have to go wrong to get a recovery this feeble. >> most of the recoveries, and there is a lot of research done on the united states. we have had terrible financial downturns followed by big snap-backs. this is not one of them. i want to ask another related question. for all of your monetary experience. do you think the federal reserve should come back in now and start more manipulation, buying bonds or creating money from quantitative easing? hasn't the fed run its course at this point? >> i think they have. i don't want to say they are out of powder.

they could keep trying. they have reached diminishing and maybe negative returns. particularly on operation twist. go back five years. out's a good thing that the five biggest central banks grew their banking sheets while the private banking system was shrinking. >> the first qe. i agree. >> i think operation twist, it's time to put it on the shift. i don't see why driving down the term premium will help us create more credit in our economy. the fed thinks it will through a portfolio rebalancing. private investors have to find the risk. but i think it runs the risk of driving us into liquidity trap. uh you push down on the term premium, you're reducing the opportunity cost of putting your money in cash if uh you want to go under the mattress, if you will. >> you ran open market operations for the new york fed and you were the undersecretary of the treasury.

you have 1.6 trillion dollars in excess bank reserve on the fed's balance sheet. they can create another 500 million or trillion. it sits on the fed's balance sheet. meanwhile they are enabling and financing unprecedented budget deficits. how does it sit with you? this is a different federal reserve role. they are enabling and financing unprecedented budget deficits in the trillions every year. >> it makes me very nervous. i'm not nervous about inflation in the short run. much more nervous about the deflation when i see the chinese currency turn the other way. that's a big sign for me. i do worry about the fed crushing the incentive to lend. they say we'll make borrowing cheaper. but who will lend if you don't get a reward?

>> out's too narrow. it's a mistake. >> twist is a mistake. if they think we need to balloon the balance sheets more, they are welcome to do it. i don't know why they need to given the idle reserves. >> do you think the fed -- i know they control short rates. i i get it. i worked in open market operations as a little tiny weenie back in 1974 and '75. do you believe the fed controls medium and long term rates? my question is suppose you get regime change in wash ington an pro growth policy. suppose the economy grows at 4% to 5% instead of 1% to 2%. would that not drive up long-term interest rates regardless of what the fed wants or what the fed is doing? >> probably. they control rates.

the market would start to think the market would respond. that jacked up the long end as well. they have a big influence but not the only influence. i wish they would free them. >> people would understand risk better and make better decisions. >> both investors and corporate executives. the u.s. economy is uh showing remarkable resistance here. i wish we were growing faster. given the recession in europe. given the slowdown in china. given the fiscal restraint already coming through, the head winds we have, the u.s. economy is being resilient. i hope we keep it up. >> you are the guru of bonds for blackrock. what's your favorite investment? >> you pressed me on the fed. as long as they keep pressing down they are forcing us into credit spreads. they are hording the duration and curve. >> what's the credit spread? >> investment grade or high

yield. >> there you go. investment grade corporate bonds. high yield junk corporate bonds? >> uh i would pick and choose among them. i think there are some names you want to look at in the high yield space. i don't think you want to be indeskrim gnat. >> i could talk to you for 20 minutes. the producers are screaming at me. >> my pleasure. >> if you aren't the next treasury secretary, i don't know why. apple is the most valuable company of all time. headlines are next. there are a lot of warning lights

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welcome back to "the kudlow report." i'm larry kudlow. in this half hour, we are goein to reveal medicare secrets you seniors may not know about as obamacare bleeds your program to death. hint, if doctors don't disappear all together they will deny you medical care. we'll expose how obamacare will destroy medicare. also, syndicated columnist ann coulter is back. liberals shouting from the mountains about the skinny dipping in the sea of gallilea and dumb comments from akin of missouri. he ought to resign. and i wonder if joe biden should also resign, for different reasons. we'll ask ann coulter. first the latest poll numbers

for romney looking good and for obama, just plain bad. we asked swing state voters if they are better off now than they were four years ago 56% say no and the president could lose his home state of illinois. according to a survey from cook county meaning chicago and the suburbs, is most democratic-leaning county in the state, mitt romney leading obama 49-37 in cook county. some uh say it's the addition of paul ryan to the incompetent helping to push romney up. however, not all in the republican party would agree. my next guest, legendary republican strategist roger stone is actually blasting paul ryan. roger's calling him an anti-supply side root canal republican, end quote. we also have former cbo director douglas holt ekin of the

american action forum. roger, i will start with you. anti-supply side root canal paul ryan. a disciple of jack kemp. you're being very tough on him. >> a protege of kemp. it's interesting. he says he read ayn rand so people think he's a libertarian. he's a protege of jack kemp. but he's more interested in spending reduction than growth. he virtually never talks about jobs. he voted for t.a.r.p., the bank bailout, medicare part d. the ryan budget doesn't stop deficit spending. it's a deficit budget. i agree with ron paul and governor johnson. either you cut spending by 1.4 trillion and balance the budget or we are headed for monetary collapse. >> before i let doug back in, ryan has a good tax reform plan. it would go to 10 and 25%. that's pro growth. he also has a corporate tax rate

of 25% from pa%. now that's all very pro growth. that's kemp. that's laffer, kudlow, supply side. don't you think that gives him bonifieds? >> it's one element of it. he spans the washington, d.c. republican globe. he's more interested in the deficit bomb in the spending issue overall. he's not a libertarian. as far as his foreign policy views, afghanistan, iraq, the patriot act. the national defense authorization act which, as you know, for the first time an american citizen can be held without charges, without bail. this is america? now he blasts the president for lifting the debt ceiling but paul ryan has voted consistently for it. >> is mr. ryan really a root canal guy or a growth guy? what's your take? >> he's a growth guy.

what's the greatest threat to growth in the united states? the debt load. the math says if you don't take it on you ask for a financial crisis. that's not pro growth. if you let the financial crisis happen the way to fix it is higher taxes. he's cognizant of the world in which he lives. take medicare. it's not like using the independent payment advisory boards. cutting medicare. he'll have a smaller government with people in charge. it eliminates the debt and deficits. that's a conservative approach. >> i don't want to defend roger stone because he's gone too far. he's a friend of mine. romney and ryan are fighting back on medicare. they are doing a good job.

we'll cover it in the next segment. i get it. i don't hear them talking about it. they have it on paper the supply side tax cuts i believe would get the deficit down. they aren't talking about it. >> if we don't grow more rapidly we won't fix problems including the deficit. i haven't followed every campaign stop. their policies are sound. if they are not pursuing them that is a mistake. this should be a policy-rich debate. the president is unwilling to talk about the issues. they should talk about issues every day. they have the better policies. >> you will agree unlike the jack kemp days, spending has gotten so large and the debt is

so large they have to go after the debt and spending. >> i have come to believe ron paul was right about it. >> paul ryan. >> his approach is a small step in the right direction. if we are going to cut spending stop producing deficit budgets. >> you want them to be bolder. >> if that's what governor johnson favors. >> governor johnson is your man. >> can i make a point? >> the across the board cuts do not change the architecture. if you don't change it it will spring backback to life. reforms are key. >> thank you, gentlemen.

>> spanked for a skinny dipping spree in the sea of galilee. ann coulter sounds off on today's two big republican scandals. [ male announcer ] the perfect photo... [ man ] nice! [ male announcer ] isn't always the one you plan to take. whoa, check it out. hey baby goat... no that's not yours... [ hikers whispering ] ...that's not yours. [ goat bleats ] na, na, na -- no! [ male announcer ] now you can take a photo right from video, so you'll never miss the perfect shot. [ hikers laughing, commenting ] at&t introduces the htc one x. now $99.99. rethink possible.

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record gas prices and record stocks to report. cnbc's mary thompson has more on these stories and all the latest breaking headlines coming into the cnbc newsroom. good evening. >> good evening, larry. aaa says gas prices have never been as high at this time of year as they are now. the national average, $3.72 a gallon. supply issues like the refinery fire in california, analysts say means more record gas prices t come. apple set a record of a different kind today. the most valuable company ever. closing at $665.15 a share gives it a market cap of $623.5 billion. roger clemens signed with the uh sugarland texas skeeters of the atlantic lead. he may pitch for them as early as saturday. clemens is 50 now. he last pitched for the yankees in 2007. he's eligible for the hall of

fame ballot. his agent says his fastball was clocked at 87 miles per hour. at this rate he could be throwing for a long time to come. not bad at his age. >> he could be in the yankee bullpen. >> he could help the red sox bullpen. >> she knows a lot about baseball. coming up, what obamacare does to medicare. health policy expert betsy mccoy reveals the secret seniors don't know about.

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a beloved san diego bakery expand, what's important to communities across the country is important to us. and we're proud to work with all of those who are creating a stronger future for everyone. my next guest says the obamacare health law destroys medicare as we know it and the only thing left standing is going to be the membership card. here now to divulge major secrets even seniors don't know about betsy mccoy, former lieutenant governor of new york, author of "decoding the obama health law: what you need to know." first up, doctors. what's going to happen here? >> doctors will be paid less to care for a sceenior than for patients on medicaid, the poor. they would earn only a third as much as a patient with private insurance.

larry, even the doctors who stay with medicare and keep seeing patients aren't going to want to spend time on things like hip replacements when the pay is so low. here's the hitch. they can't even agree to give you the care you need and charge you an extra fee for it. that's against the law. so you're trapped. >> i want to come to the wheres and why fors. you have two other major points. >> that's right. hospitals are going to be forced to treat patients according to a very skimpy standard. hospitals that spend more treating the elderly than the lowest cost hospitals spend will be penalized. this was tried in 1997 and it pushed up the death rate for heart attack patients by 8%. >> run it by me again. in other words this is lowest common denominator spending for all hospitals. >> lowest. >> even if it's a high end hospital with high end services. >> oh, yes. we have seen data from california that elderly patients treated at the skimpy low

spending hospitals have much higher death rates from pneumonia, hip fractures, congestive heart failure. patients at higher spending hospitals for the same ailment recover and go home. >> let's go to the third point. >> this is the next one. seniors could lose access to preventative services like getting a mammogram or colonoscopy. section 410 # 5 a empowers the secretary of health and human services to eliminate preventative services for seniors based on the recommendations of the u.s. preventative services task force. >> is this the unelected board? >> it's a different one. but this one caused outrage when they said women over 7 # shouldn't get routine mammograms and the agenda is clear. half a page later the same law empowers the secretary to expand services for people on medicaid. >> this is extremely punitive and will damage the quality of medicare services. >> it will shorten lives for

many seniors. >> iss related to the $716 billion raid on medicare? >> exactly. this is how it happens. it's not just the number. it's how they do it. they force hospitals, doctors, hospice care, home care, dialysis centers, to accept such low payments to care for seniors that seniors won't be able to find care. >> so it's a big raid on medicare. >> it's robbing grandma to expand entitlements for people under 65. >> as this gets out it will cause an uproar. >> it should. it's immoral. deadly. deadly dangerous. >> betsy, thank you very much. we appreciate that update. coming up, todd akin basically being forced out of the race after inexcusable comments regarding rape. nutty stuff. plus, republicans reprimanded for a skinny dipping spree in

the sea of galilee. republicans can't walk on water as much as they try. my special guest, syndicated columnist ann coulter sup next. i'm kudlow. stay with us. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced haldex all-wheel drive. [ engine revving ] it's bringing the future forward. these are sandra's "homemade"

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two scandals in the news -- aren't there always? some two dozen house republicans and staff were reprimanded by leader eric cantor for a late night skinny dip in the sea of

galilee about a year ago. and top gop leaders are calling todd akin to quit the race in response to his inexcusable remarks about rape. joining us now, cnbc contributor robert costa, national review who spoke with mitt romney himself about akin. what did he say? good evening. >> great to join you, larry. spoke with mitt romney this morning. this scandal, this comment out of the missouri senate race by todd akin about legitimate rape is a controversy for republicans. romney told me this morning it's inexcusable. i hear republicans are privately urging akin to get out of the race. >> senator scott brown wants him out, senator ron johnson. john cornin the senate campaign committee will stop the money. karl rove will stop the money. he's a dead man walking. >> i hear everyone is trying to give him at least 24 hours to get out of the race. you will see the roar for akin to get out of the race really

increase tomorrow morning if he's still not out. >> we'll leave it there. i want to ask you about republicans skinny dipping in the sea of galile. good stuff. >> it happened a year ago. eric cantor repry mended them but a lot of congressmen are apologizing this morning. >> skinny dipping congressmen. thanks, bob. let's get to our special guest. joining us now syndicated conservative columnist ann coulter. her latest book "demonic" is out in paper back. she has a new book coming but she won't tell me so i can't promo the book. do you want todd akin to resign? >> yes. i don't want to pile on an attack. he'd be a great talk radio host. but we can't make mistakes right now. especially not in a seat we are definitely going to take. this isn't just the house of representatives. we are talking about the united

states senate. claire mchaskill is chuck schumer in a skirt. before he made the comment the chances of republicans taking the seat was 70%. after the comment it collapsed to 45%. in fact, our chances are so good there were nine republicans in the republican primary. they wanted to be senators now. according to the new york times mchaskill and her supporters contributed $2 million to akin's campaign because that's the candidate they want to run against. now we know why. >> what about sarah steelman. she's been a guest on the show. i guess she finished second. if you get akin out will she come in and take this nomination? >> i am encouraging that. you are encouraging that. she was the sarah palin-endorsed candidate and i think after a comment like this to have a woman running we are guaranteed a pick-up. i would call on representative akin to please think about the good of the country.

one senate vote can mean the difference in repealing obama care and not. it will mean the difference in supreme court nominations. the senate approves supreme court appointees either by romney or obama. he may be a fine fellow but has to put his personal interests aside for the country. >> i never understood. i don't know him, but the issues are the economy and jobs and spending and the deficit. not whatever he's calling it legitimate rape. i don't know why you have to do there. you have to have common sense in politics, don't you? >> yes. he was asked about it. but i think common sense comes in, of course he was going to be asked about it. it wasn't some out of the blue question. every republican candidate, a republican candidate for dog catcher will be asked about abortion in the case of rape and incest. we didn't need the diversion on how many rapes end up in

pregnancy. no politician should ever use the word "legitimate" within 15 yards of the word rape. fine, we'll give you those. can we have the other two million unborn babies? can you leave it at that? >> one is skinny dipping in the sea of galilee. maybe republicans aren't that up tig tight. is that such a bad thing? i ask you. >> i think it sounds fantastic. i wish i were there. i uh would have done it. >> the guys think they can walk on holy water. >> this is the water jesus was in. that sounds fun. what i don't understand is why the fbi is investigating. what's that about? >> i have no idea. they've got their own issues, it seems to me. let me ask about obama's press conference today. he e denied what stephanie cutter said. this is so important. stephanie cutter, the deputy campaign manager for team obama

said, quote, romney committed a felony or lied to voters. this is respect to when romney officially signed out of bain capital and s.e.c. papers. he committed a felony or lied to voters. today in obama's press conference he was asked directly. he said, no one said felony. no one said he lied to voters. is that cognitive dissonance to be polite? >> no. obama is desperate. it's going to be the war on women and republicans are racists, liars, felons. we just have such a dynamite ticket. their rally in new hampshire today, i would have preferred to be the news all day rather than a senate candidate in missouri or skinny dipping or what obama said. i don't know if you saw the new hampshire rally. it was fantastic. it was designed by romney.

they are extremely articulate. i love all republicans. a lot of them aren't that articulate. we have a beautiful ticket and so what is obama going to do? it will be a campaign of slander. one thing i want to mention about stephanie cutter. it disappointed me no one brought it up. she was the one defending the ad accusing romney of killing that steel worker's wife when he wasn't at bain, when the health insurance didn't come from bain. bain only kept a bankrupt company. i want to point out her prior job was working for ted kennedy and there is a more direct line there. >> i'd like to pursue that, but i have to leave it there. thanks for coming on. good luck on the book. we have a news alert coming into cnbc. let's get to mary thompson. >> this could have important implications. we have just learned exclusively

at cnbc that today it's your birthday. the supply side economist was born in new york on this date, larry kudlow, this is your life. we brought your wife judy in to help us wish you a happy birthday and a wonderful year. happy birthday, larry. there she is. >> my better half. look at this! i can't believe you guys are doing this. my god. that's all for tonight's show. thanks for watching. they even got my beautiful bride to come out here. she is my better half. it is a happy birthday. >> happy birthday. >> hi, sweetie pie. can the camera see that? look at that. isn't it something? [ applause ] >> you're all great. you fooled me. >> blow out your candles. >> what's your wish, larry? >> i made a wish. i just made a wish. god keep me alive every day. 17 years sober. 25 years married to a saint.

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