(bobby) my store and my design business? we're exploding. but my old internet, was not letting me run the show. so, we switched to verizon business internet. they have business grade internet, nationwide. (vo) make the switch. it's your business. it's your verizon. do you shop for vitamins at walmart? force factor products powerfully improve your health, but they're also delicious, easy to use and affordable. that's why force factor is now the number one best selling superfoods brand in america. unleash your potential with force factor at walmart. larry: hello welcome to kudlow i'm the larry kudlow, liberal mainstream media is trying to perty up the new poll, saying it is an

outlier. "washington post" abc poll shows former president trump with 52-42 lead over biden is a blockbuster, it is a game changer and a wake-up call. the new numbers are consistent with abc polling trends all we're showing a steady trump rise, in may it showed trump plus 6 in february plus 3. here in september, plus 10. i also know that polls are not votes, i get that. they are tracking snap shots of voter sentiment which is swinging in mr. trump's way,

i know that in the poll joe biden's approval and disapproval on the border is 23% okay approved and 63% disapprove. on the economy biden 30% approval, 64% disapproval. and overall approval is 37% and disapproval is 63%. here is a question, what is going to change for joe biden? his border policy is a disaster. is he going to change it? don't think so. rising gasoline and food prices are burying the middle class as their wages may go up, but inflation is going up more, working harder, buying less, can't afford new homes and cars, they are working but many families have to hold two or more jobs to make ends meet, is this going to change? i don't think so.

rising crime rates in the cities with homeless and what do with illegal migrants? is that going to change? i don't think so. jobjoe biden age issue. will that change? i don't know so. look at two american flag encounters, one from current president and one from the former president. here it is. all right. there is mr. biden bumping into a flag pole. which is not a good message. there is mr. trump hugging the american flag. that is a very good message. now as andrew writes in imac news line, unlikely donald trump goes lower or joe biden will go higher, you have to ask, what is going to change in their political fortunes, the answer is biden is going to get worse and trump is going to get

better, that thought is not an outlier. so much for polling. first, we will preview wednesday night. is the second republican presidential debate. and one of the stars of the first debate is joining us now. someone who'll be at the center of the stage, our friend vivek ramaswamy, 2024 candidate, cofounder of strive asset management author of nations of victims. might add a great entrepreneur, and biotech space. vivek welcome back. i want to switch away from polls, i want to ask, i know you have a new budget plan. or at least budget thoughts. headlines beside the abc poll, headlines are at southern border and catastrophe down there with numbers, you know that are

virtually beyond belief, your thoughts on, that i think in this debate wednesday night, you and your colleagues and other candidates will be asked for specifics thousand handle the border and replace joe biden's catastrophic failure. >> look, i think biden has been a national disaster, a border crisis of historic proportions, a triple whammy of rising prices, rising interest rates and flat line wages, weaponnization of doj, there is no doubt that biden is that national disaster, i'm a a contrarian, i don't think we'll win this election just by talking about joe biden's failures, we have to talk about our vision about what we'll do to revive the country. how we'll rescind a majority of those unconstitutional federal regulations that alike a wit blanket on the

-- wet blanket on u.s. economy, use or military to seal the southern border and declaring independence from china and we're don't depend on our enemy for our modern way of life. that will win the election, not just criticizing the radical left, that we have done a lot of, we have to stand for a vision of our own, that is what is a little bit different about me, than traditional partisan politicians, i am leading to us run to something, and hope hopeful that will lead to us success. larry: i love constructive proposals, spent a better part of my career on that point. on the border, you mentioned military, failure of me mexican military, trump persuaded to put 20 thousand troops on border to help us with the remain in mexico policy. i don't know why you stand

on that. and second point is matter of deportation. mr. trump just spoke in iowa last week, he mentioned going back to 1950s, the so-called eisenhower plan that deported over a million illegal immigrants at the time. in your judgment, vivek, besides remain in mexico, should there be a deportation policy? >> the answer is yes, i've talked aboutize eisenhower quite a bit on campaign trail, we have to stand for the rule of law, we can't look our kids in the eye and say you have to follow the law if the government itself does not follow the law either. i think that only answer is in a humane and respectful of a manner, deport the family unit back to the country of origin when they are here illegally. i will never break apart families, i'm a pro-family person, but you have to take the family unit and return them back to country of

origin, i support remain in mexico policy, i support finishing the wall. but i would go further, that's have a legitimate case for u.s. military to seal the southern border. right now the cartels have financed tunnels under that wall, the wall was a good start but it is not enough, that is appropriate to use our military to second our our border -- secure our border against an invasion of drugs and illegal armed gunman. larry: interesting point. important point, some people have said, to okay, let's use the u.s. military to go after the cartels, mexican drug cartels that many people believe are actually on running the border, okay. it sounds like you would like to go further. could you widen, tell us more about the use of u.s. military down in the

border. >> so first step, i place military to sale holes on southern border those areas that are not covered by the wall already. and then i'll pick unthe phone and -- p pick up the phone and pick up with whoever wins the next presidential election, whether it is shine bomber someone else. i am resetting relationship saying, for a tiny fraction, of what we have already spent in ukraine, we can help you mexico regain your sovereignty from mexican drug cartels, but if you don't we'll come in and get the job done ourselves, the fact of the matter s like if you have a neighbor with a dog who comes into your yard and bites hear family members, repeatedly, at some point you can take a shotgun and shoot that dog, that is legitimate, legally and

morally, justified, it applies to our country to lost its sovereignty to mexican drug cartels. larry: you know going after the dog, that crosses the line, that is called hot pursuit in military terms. i think i are right. i think it is a very important point. on the question of the new president of mexico whoever it may be. should they not come back and show us they are devote back to devotes troop coverage to border to help remain in mexico and maybe go after the cartels, we look at clips in 2019, they put up a think 15 thousand troops, and something like 6 thousand troops in mexico southern border in guatemala. biden lost that. wouldn't you want to regain some mexican troop -- the u.s. military has very good exercises with the mexican military. it is a natural fit.

>> there are two borders at issue, one is northern border of mexico. absolutely. there is also mexico's own southern border. o my watch, not a central american country will get a indictment of u.s. aid until they have worked to fix mexico's southern border, we withhold that aid you watch that will happen, we will help them do it i think it is time for our own foreign policy to return to protecting the homeland, our southern border and super emp defenses, cyber defenses, missile defenses, the republican party can be party of the future if we talk about the missing homeland defenses and border security is important. i am only candidate in either party talking about other forms of homeland

defenses which are important when we think about where we are for the rest of the 21st century, we have to be party of the future not just the party of a past. we have to look after the u.s. interest right here at home. and that how is i'll lead as commander in chief. larry: on matter of debate, you are a very smart fellows. what points do you can' to push, we have gone through border points, you of emphatic about that. you have a lot of constructive ideas. pivoting, they can ask questions you can give any answer you want, k kudlow has done this for years, what key pinpoints does vivek ramaswamy want to make, i will be there at reagan library. >> good news, looking forward to seeing you, questions, where i want to go with this country, when i live office in january of

2033. i want to tell you what we dshut down administrative state, stimulating the economy and keeping us out of world war iii while declaring economic independence from china, but most important, to revive that missing national pride in the next generation of young americans. and i think it will take someone of a different generation. someone who is best days in life are still ahead. to see a country whose best days can be ahead too. that is why i'm in this race as member of the new generation, i think we will be successful in reinspiring this nation. larry: vivek ramaswamy thank you for your time, you have always been very good to this show, we appreciate it and wish you all of the best in the coming campaign. >> moving along. fox business will be hosting second republican primary debate at ronald reagan president rally library in seem seem, california. that is this wednesday,

september 27, 9 p.m., yours truly will broadcast live out of see simi valley for our regular show at 4 p.m., and hosting predebate coverage 5:00 p.m., i don't want to miss it, coming up bidens top give illegal migrants work permits. i.d. cards and lord knows what else. but, my question is, simple, doesn't congress have to vote on all of this stuff? what gives the bidens the power to just let these folks? i say it has a humanitarian and a man who loves immigration, but legal immigration. senator eric schmitt will weigh in on the border and congress and a few other things, when kudlow returns.

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. larry: the biden administration is now giving illegal migrants work permits and i.d. cards, i don't know what gives them the authority or pow power to do, that joining me to talk about it missouri

senator mr. eric schmitt, i am reading about work permits and i.d. cars t cards and other things, what gives then the authority to do that , there is no congressional legislation that says change the laws regarding work permits or visas or any of that, do you know? does anyone know? >> they are just doing it, this is part and parcel of a lawless administration, technologically when -- particularly when comes to the border. we could talk about green new deal initiatives that were never passed by congress. they have just taken this initiative and ignoring their constitutional duty to secure the border, when he came in office he tried to

get rid of remain in mexico, and title 42, which were working under president trump, and paid contractors to not construction the wall. this is very intentional and disturbing. i think that american people see every day record border crossings, i have been there a couple of times, 100 million dollars a week, economic value of the human trafficking alone, let alone the drug trafficking, intel is killing over 200 people in united states per day, that is like a 737 going down every day this administration, lays at their feet, this is a dits disatter at the border a mess. larry: senator, i am tracking with you on the points. it just occurs to me, i have -- forget where i read it someone wrote a good news report on this. handing out i.d.s or worker

permits. this is the purview of the house and the senate. administration can't just give this away. it has financial implications and economic implications and national security implications, this is the administrative state. vivek ramaswamy was just -- this is central planning as its worse, but mostly, you did mention student loans, like this. they don don't have the authority to make these changes. >> right, in my maiden speech on senate floor, two things that i mentioned, we have to fundamentally dismantle the administrative state and protect free speech, we see the darks on that -- attacks on, that the founders never envisioned this, they dispersed power so no one branch or person got too powerful.

there need to be structural reforms, it would give the bureaucrats you know to think twice about ever consider moving forward, and congress should have to weweigh in on the matter, if you have a rule that will have an economic impact, congress should have to give it ran up or down, congress is you know. screwed it up over the years, say i voted for a great bill, i can't believe what epa is doing, na nonsense, we should have to have accountability, we should have to vote on ridiculous emissions rules that are strangling our economy, we have do something to dismantle this administrative state that is wayer on the of control. -- this is way out of control, and thankfully the courts are knocking them

down, they are wholly unconstitutional. the house representatives in u.s. senate we have been tasked by the people of this nation, we the people to say, we want you to decide these things, and you can hhold us accountable. larry: senator, let me -- by the way on that point, judge down in louisiana, is overturning the freeze on the gulf of mexico oil lease, the courts are working. they are doing their job. but you are right. senate and house should be involved in these various laws. whether it is migrants or whether it is student loans or energy you are right. let me ask you, on thursday senator schmidt, the house impeachment inquiry is officially launched. oversight committee. jamie comer. but in the news over the

weekend, and today, very interesting to me, it turns out that hunter biden go back to this hunter biden. hunter biden did not pay his back taxes, so i'll ask you your former attorney general to the state of missouri because he didn't pay the taxes, the statute of limitations so-called may not apply. and it may be up to special counsel david weiss who could still redeem him himself and go to heaven if he does things correctly, another point, speaking of heaven or hell, hunter biden has never been tried for violating fa fara that could uncork the nasty story of these phony llc 's and the 20 million or 40 million or 50 million

dollars that may have gone to the biden family and some of this may have filters to president biden. my point is, there is openings here that hunter biden case on the lap top and there is a chance of opening this scandal. what do you think about that? does weiss have the authority? >> yeah, and look, whether a conspiracy charge, that could be brought. look, as a prosecutor, you know very well or it would be malpractice to not be aware of deadlines, statute of limitations if they ran on purpose, that is a story and why, that is where this impeachment inquiry is so important to have the facts out in the open for the public to see.l figure, these issues idea this weiss had full autonomy, he would have to move forward with main justice, they will sign off on something this sense tests, merrick garland

testimony last week was a bunch of dancing, he didn't answer anything, almost like he didn't want to commit perjury, we have to have a full inquiry, once they get the bank records, that will tell you if big guy got his cut or not. and america people deserve to know whether or not joe biden when he was vice president or after or whatever. was in on this. if you think about the implications about a compromised president, whether money from china or from ukraine or from russia. making national security decisions, this has huge implications, and best evidence of this is the video of him bragging, i guess he could not help himself to say, you are fire the prosecutor which was a problem for his son and his company. you will fire the prosecutor or we'll hold back a billion dollars worth of loan guarantees, he was bragging about it and uses son of a gun, what did they do. this needs to be fully explored, this is not just

about hunter biden this goes all of the way to white house, american people deserve answers. >> right after merrick garland testified, before jim jordan and the judiciary committee last week, two more senior irs agents stepped up and said, wait. justice department interfered with the investigation. all right on taxes, the justice department inteinterfered, we already have two whistleblowers from irs, these are two more, that is two plus two even in the woke world is four irs whistle-blowers saying that merrick garland you know did not speak the truth, he interfered with the prosecution of hunter biden on taxes and other mattes, that is right out there. i'm saying, thise has to be prosecuted in wilmington and washington d.c., maybe in california, i don't know that there is more work to

be done, i want your thought, inquiry opens again, opening this week, open on thursday. >> that is right, larry, you saw after that bogus sw sweetheart plea deal fell apart when the judge than thankfully asked requests. that unraveled this now the public is focused on this, they have to look at other criminal charges and investigation, impeachment side is a political inquiry, when they call it an impeachment inquiry over oversight, american people need to know and whistleblowers coming forward, many have been behind the scenes coming forward. house can make the decision, but it important for our republic for real public airing. >> you know i love having you, one last one. i could go 40 minutes, one last. you have to -- government

shut down? friday a at midnight. >> i'm hopeful we don't, it seems unnecessary, i will say this is my first year in senate, i'm shocked that all of the discussion about deadlines and never about ddollars, states everywhere in this country pass budgets through individual appropriation bills, we should be able to should be able weigh in on the bill once by one, we have to get to that regular order and take away incentive structure. it ends up costing american taxpayer more money, that is not the best way to run railroad, not the best way to run congress, i'm hopeful we get reform. larry: i have been preaching about regular order for show long. i know schumer wants to spend more. and then you have house

republicans that want to spend less on any whatever it is, i don't know how they will get around that. you know senator, this is your first year in senate, you are so good. are you having fun as first year senator? is this most fun you had. >> listen, i feel incredibly blessed. it is honor of a lifetime, but i can tell you, the conversations back in missouri are different from those in washington, i try to bring that show me state common sense to the table in dc . larry: i bet they are thank you for your service senator eric schmidt, coming up on kudlow. joe biden is getting clobbered in the polls, that is long and short, you can put as much lipstick on that pig as you want. wild tawe'll talk about it with great sandra smith and great steve forbes, and which republican candidate has the best

message for steward sship ofs f prosperity and growth for america, which one we will talk with art laffer, that should be a key point in the wednesday night debate, i'm kudlow, we'll be right back.

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>> i all right so joe biden is getting clobbered in the latest poll, affordability is breaking him -- plaguing him, joining us now sandra smith and steve forbes. sandra, you are writing, homes and cars are not affordable, i don't think that the biden understands that is what is driving his poll down. >> there is analysis on home affordability, 1 70 pointso average, when you were there it is halved.

tpeople cannot afford it. alexandria ocasio-cortez said this is an economy in crisis, there is a president who is doubling down, doing everything that he can. >> she still owns a nonunion tesla. larry: i did not know that, fabulous. you saw the "washington post" poll. internaly on border security and on the economy. biden's number continue to deteriorate. like any other pole. what will change. >> nothing, the reason is far left is running show, joe shows up. in terms of policy, the

bureaucrats and the agencies which have taken over. so the left, larry, is going all out on getting as much done as they can, hope for the best. maybe joe d doesn't run, they are going all out, they don't care about poll numbers, courts may over rule them, they will come right back, you see this with ftc and sec. what are are they doing in environmental business. >> my dishwasher doesn't clean my dishes. larry: you are right. sandra, we talked about open borders earlier in the show, talking about lack of affordability now. i think that the polls show people don't like the -- what newt gingrich called big government socialism, they don't like the central plans, they don't like all of the egg heads in washington calling the shots and telling us how we're

supposed to live our lives when below is a revolt. >> irony is that biden keeps using that bidenomics term. jerry baker said we used that to identify an economy policy that was government picking winners and losers, failing at that. he now has doubled down on that, you know those of his policies. at work, they are working, voter who believe they are worse off financially under this president is now at 37 year high, 44% of americans believe they are worse off financially under this administration. it has never been that high, there is that biggs question, are you better off now than you were when the president took was on the, the numbers are going to tell the story. you say what is change, things could get worse, you have j.p. morgan now predicting 150 dollar oil. you have to look at -- snow

-- >> a couple years. >> we are headed that direction. larry: interest rates are very high. >> we don't have to be at $100 oil. larry: that is right, hurts bond market and. damaging stock market. >> there is no faith in the future. better days are here, after that great roosevelt ma vmagician. people have no faith. larry: this is a great point. tishould the republicans get that message out in the debate? we have an agenda. >> don't just say, go to my web site and see my tax plan. lead with it for crying out loud. larry: a great point, this kind of optimism in the future, here is some big picture points they make. that is really what has been

missing. >> it is the feeling you have right princ principle and direction and character, you don't know what will hit a president, they want to know can you trust them. larry: i have to hustle out, thank you. >> happy to be here. >> thank you sandra with john roberts, weekdays 1-3 eastern on fox news, i'll be have wednesday from california, joining me now, hustling along art laffer, former reagan economists. author of taxes have consequences, you heard what steve forbes said. no -- you made this point for a year. that republicans have to show the public they have angenda where they would be good s stewards of the economy and prosperity and

economic growth, it is a general message, who is doing it? what are you expecting? >> i'm expec debates may not be what happens, i don't think they will have time and i don't think they will law lay it out, they should, it should be about economics, low rate broad base, flat tax spending restraint, sound money, steve is good on that, minimal regulations and free trade. bang that is it. medical transparency, a regulation, you have energy deregulation and bring it back so we're self sufficient. not just cliches, show they have thought about it, low rate broad base flat tax, bring the rate to x and get rid of deductions, i'm cutting government spending in these programs, i'm deregulate, here is what they are, that is what they

need to do instead of other stuff on well never mind. larry: is one candidate out there who is talking about this. he will not -- >> this is. larry: he will not be in the debate, but trump is talking about it luk look at his polls his talk about future economy growth and prosperity and liquid gold that pays off, voters, i know that polls are not votes but snap shot of voter sentiment shows they like what they hear from trump, i think these candidates in the debate, they can attack him if they. , but they should stick to what will they do for future prosperity. >> as you know, i'm an economist and only an economist, i don't talk about social issues on that, that not my turf, but on economics trump is talking about all of the right things,y and right things, and he is pointing back to his record, where his record

shows he not only talked about it he delivered on it. we had the greatest thing operation warp speed, i can not till y -- tell you how great that was and tax cuts and jobs act that of fantastic, deregulations all of these things he has done a spectacular job on, he continues to talk about them. and that is what should be talked about, and those are the things that the next president of the united states with congress should do to bring american prosperity, it is is amazing how many problem disappear once prosperity returns and fast growth and full employment, all the other problems disappear and we have great economy. larry: a men. >> on that target. larry amen to that, art laffer thank you. >> a good sermon. >> my pleasure. larry: next up, interest rates are rising, big time, oil is also covering close to $100. wild show you what stocks

have benefited with the rising rates and how the stock market has done under joe biden and track with great nancy tengler on set, stick around. ♪ (upbeat music) ♪ ( ♪ ) constant contact's advanced automation lets you send the right message at the right time, every time. ( ♪ ) constant contact. helping the small stand tall.

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larry: now dow jones, gets

r wisdom from nancy tengler. nancy wonderful to have you here on set. our pal jason, did a write up, we have a full screen, during the enter biden administration, best performing sectors, the number one sector by far is energy. that is because what was jason's point, what is good for producers may not be good for consumers, what does nancy tengler think. >> we have talked about energy for a long time, it is amazing that this administration has now cordoned off 10 million acres in alaska, that makes no sense, we need it as a bridge, we have been increasing our exposure to

energy, we have owned it. many of these companies have got financial discipline. which means they are not producing as much, unfortunately. they are smart management teams with commodity that no longer operates in coordination with the dollar. it is demand driven and supply-driven and supply is constrained. larry: people are some of these experts have said we're two to three or four biden regulations and opec plus is taking advantage of that. it has kept prices high, i wonder if you have a thought, energy price $100 a barrel, i don't know 5 a gallon. >> i think we'll probably get to $100 a barrel. this other projection of 150, we won't remember. larry: that was over 3 years. >> we don't remember. larry: j.p. morgan lost his

mind, j i don't know. >> i -- >> who makes a forecast for three years, and interviewer asked him, 100 this year he said no, but in 3 years, i don't know. >> i think bigger problem is refining, people say we're producing more oil in united states, but we have to send it to get refined that is where the prices will stay sticky and high and that is a problem for most americans. larry: other thing to ask you know, nancy tengler, this is from jason trenner, 100 basis point increase in long bond, 10 year, from 350 to 450 in round numbers, best performer was health care. second was technology. anyway, i'm asking, with

this jump in the long-term rate, does this go to 5%? and what it the impact on stock markets? and stock price earnings ratios? it is a bear signal? like rates up and stocks down or not that simple. >> when i started my career in '80s we spent most of the time with 10 year at 4 to 6%, real rates 2 between 2 and 4 1/2 they are about 2 now, the great irony though, we have the biden administration drug price controlling 10 drugs on its way to 40, this will stifle innovation, great for health care stocks but hurt the consumers gain, that is one thing -- we're at almost dan clifton did a piece, .3% of disposable income in pharmaceutical costs. really, historic low. >> i know, right, the cpi

stuff you don't see the price goijing. gouging. >> i believe that health care will continue to benefit, i am a believer in technology. the innovation, secular tail win will continue. larry: great stuff. this money to be made. always. larry: nonrich can get rich, nancer tengler terrific. >> thank you. larry: i'm kudlow, we'll be right back with the last word. my name's dan and i live here in san antonio, texas. my wife magda and i have been married for 39 years. about three or four years ago, i wasn't feeling as if i was as sharp as i used to be. i wanted to try something that was over-the-counter. i saw the prevagen commercials. after a short amount of time taking prevagen, i started noticing a difference-- that i'm remembering this, i'm remembering that. i stopped taking prevagen and i found myself slacking back

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larry: that's it for kudlow, thanks for watching, folks. you pick me up at l.a.x.? lights, camera, aviation. but people think of l.a.x. they think of hollywood. they think of the theme building, the origin story of one of the busiest airports in america. alex is southern california's gateway to the world. it's a city that rebuilds itself and regenerates itself with each generation over and over the heroes and the headwinds.