tv Kudlow FOX Business October 4, 2023 4:00pm-5:01pm EDT
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side. liz: jason call can news said a name like nvidia is way overvalued here but nvidia sup 1.25% to $440 and change. great to have you here rick pitcairn. >> great to be here. liz: kim rivers joining the show to break down a banking bill in washington that could help the cannabis industry. [closing bell rings] markets are over the hump day did it decently with a little help from the bulls. s&p, nasdaq, boasting gains for the second day in a row. that will do it for us. "kudlow" is next. ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow. for sure most sane people wish this speaker mccarthy thing must vacate epsaid didn't
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happen. most know the eight votes used to remove mccarthy were from insurrectionists, mark levin called them anarchists and "wall street journal" called them performing artists there was no substance to the complaint. they generated a national kabuki theater for 48 hours. it is a sad tale but kevin mccarthy showed everyone what a class act he is. he did the right things. in my view he is going to heaven. having said all that, what's done is done, it is time to move on. the liberal media is piling on that republicans can't govern. they're cutting off their own heads. the house has become a clown show. all this stuff is simply not true. look it, the gop house members have a terrific opportunity to shope the world that in fact they can govern. they can keep it together. they will elect a new speaker from a crop of superbly
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qualified house leaders and the next speaker will insist on changing the rule to vacate. and then the gop will finish appropriations job, complete the regular budget order for the remaining eight funding bills. they have already covers 80% of the total spending package. then they will send these bills over to the senate and here's the rub, the chuck schumer senate has completed zero appropriations bill, zero. we'll ask senator rand paul about this later in the show but if there is another shutdown after november 17th, it women be the schumer-led democrat senators who are to blame. the next republican speaker should make this funding point absolutely clear. the republican house will do its job and so far the democratic senate is flunking the test and then, the gop should hang tough on measures such as their hr.2 bill to close the border.
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and also make it very clear that any additional ukraine funding must be accompanied by instructions to seek a diplomatic outcome. this is something the biden-schumer democrats completely failed to do or even proposed and it is the biden-schumer war right now. the gop can seize high ground with diplomatic instructions. and then, let's not forget, the house republicans passed an excellent energy bill, had hr.1 which was actually unveiled on this show which would reopen the fossil fuel spigots and bring back the trump permitting reforms, plus the house republicans passed a very good parental rights bill. the republican leadership should emphasize these accomplishments that occurred under kevin mccarthy's speakership and forged ahead and push their conservative reforms including a conservative budget. in other words, they can get it
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together and they can govern. they will choose a speaker next week and get working on a new conservative course that will stop widen's big government socialism and its attack on successful businesses large and small, stop the command-and-control economy, stop the war against middle class affordability, and put america first for a change and that is my riff on their opportunities. all right, joining me now to talk about the gop getting it back together stopping socialism, putting america first, we have the great katie pavlich, editor at townhall dot-com and fox news contributor and charlie hurt, "washington times" opinion editor and fox news contributor and star of stage, screen and television at 6:00 p.m. this week and doing a great job. katie, i begin with you, that is my view. they have a terrific opportunity. the liberal media and some
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conservatives arepiling on the republicans but there is on opportunity here, what you think? >> there is a big opportunity. i like what you're saying about moving forward. there are a number of republicans who officially announced today they want to be in the race for speaker. congressman steve scalise is one of them. jim jordan, in charge of the house judiciary committee is another one and quite frankly if you look the way the speakership vote went down the first time, a lot of people were arguing steve scalise should have been running for speaker in january not this belated situation but there are hard realities the way the house is functioning right now. despite kevin mccarthy leaving that doesn't change the numbers they have in the house. republicans have a five-seat majority. a very difficult position to be in, when you have this vote you can have one person essentially eject the speaker they have work to do and whether they will agree to voting to repeal that rule is doing to be necessary in order to move forward with a
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five-seat majority. republicans have the opportunity to govern more like nancy pelosi did. she never had this problem. she wanted to seek power. she got power. wanted to solidify power for democrats across the country. republicans could learn from that unity that well. larry: by the way i offered her my office upstairs. so far i haven't heard anything back. whoever the neck speaker is, they have got make condition this one vote vacate thing is over. >> what if they say no? what if these eight people say no. larry: they dentist. you can't do it. you will win on that, charlie. they have to come out and say that. the whole world will support them. the whole world will support them except for eight insurrection shunnists. >> i love everything about your opening especially kevin mccarthy took one for the team. if he wanted to drag this thing out, he could have dragged this thing out for months. larry: good point. >> he would have good reason for doing it. i certainly wouldn't have blamed him for keeping it up, but that
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said i think it's, i think that if you were to identify the one sin of the mccarthy reign it was look, we knew we were going to have some kind of a shutdown, some kind of i'm pass either with democrats or with eight holdouts the moment he became speaker and at that moment speaker mccarthy needed to define what it was he going to go to the wire over and it should have either been spending i would say over the border. so whoever the next speaker is needs to be willing to to let democrats shut down the government if they don't want to fund the border or don't want to cut spending or if they love ukraine so much they won't let anything else happen until they give all this money to ukraine and that's what, whoever the next speaker is going to be has to do. larry: border and ukraine, border, ukraine, regular order, appropriations.
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the senators have done nothing. i want to make that point. the republicans have four out of 12 appropriations bills, covers 80% of the budget. the other eight will flow. there are no big issues there, they will flow to the appropriations committee and regular budget order. you're saying i want to get you both, this is key, two issues, ukraine, border. ukraine right now, katie, there is no money, there is zero money in the continuing resolution for ukraine. so that's where we are. now that can continue but as leverage the republicans can say okay, we'll negotiate some number but you have to have a diplomatic initiative. there's got to be people on front lines trying some peace deal. this is joe biden's war, they're doing nothing, nothing, to promote a peace deal. you have donald trump out there saying if you elect me i will do it in 24 hours. i think a lot of people in the gop are thinking the same thing.
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i myself don't want to cut the ukrainians off, this is a chance for leverage to get this albatross out from over us. >> this is something the white house is on their heels on. weeks on end white house saying they were confident this money would get pushed through. larry: yes. >> this week john kirby coming to the press briefing room trying to encourage republicans to vote for this and it is an easy argument to make to see, 11,000 people with their own eyes coming over the border, we'll help fund ukraine's defense and their borders but also at the same time be funding our own defense against when is happening not just on the southern states but in cities all across the country. larry: package deal, package deal what you think? >> some republicans including matt gaetz shouldn't be a package deal. should put border security out there first, no funding for ukraine. >> let democrats shut it down because it doesn't include the funding, fine. we can run on that. not like we're getting a whole lot anyway. larry: which speaker would do that, which speech he can would
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do that, put you on the spot? no one looking -- >> jim jordan would do that. i pray that steve scalise has learned at lesson. i also like the idea of squeal scalise because he is the face of democrat violent extremism and i love that story, i think they should be reminded of that every single day that he survived what they spawned out there but i do think jim jordan, anybody has to learn that lesson, they have got to say, i should have put this in my riff, they have to say we'll continue the impeachment inquiry. that is a very important point. when we rewrite the riff for publication i want to put that in. one of the producers will do that, they're brilliant at it i'm just saying that has to be emphasized. democrats hate the impeachment inquiry. >> they do, because it guys to a lot of dark places for president joe biden and corruption they engaged in and lied about for
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years is something they don't want. the other thing going back to the government shutdown issue, republicans have to start giving idea the government shutdown is end of the world and something you have to panic about. it is not that big of a deal. i've been through a number of them living in washington, d.c. and in fact there is a whole lot of people who are deemed unessential, they get paid but told not to show up to work. larry: i missed two paychecks. i got it back, got it back but i missed two paychecks. january of 2019. it was very cold. >> the only thing more irrelevant to the average taxpayer than a government shutdown is a congressional shut down. they took the entire month of august off. nobody is missing them. >> they are able to carve out funding for essential items like social security checks, military and in fact lead-up to the threat of this shut down they carved out ukraine funding. no border funding but ukraine funding. so the republicans have to push back on that giving in to if we don't keep the government open the end of the world is coming. larry: i want to move on.
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i have a juicy, we've got some sound, robert f. kennedy, jr., some sound please. >> i want to tell you now what i've come to understand after six months of campaigning, there is a path to victory. so how are we going to win against the established washington interests? it is not through playing the game by the corrupt rules that the corrupt powers, vested interests have rigged to keep us all in their, we'll have to rewrite the assumptions and change the habits of american politics. larry: so he is going to run as an independent i think, october 9th in philadelphia i think. bunch of us had dinner with him, committee to unleash prosperity, threeish, fourish weeks ago, very gracious, very smart fellow. he is now one of us. he is not conservative although he's for tax cuts and tougher spending and against shutdowns and so forth. katie pavlich, if he runs as an
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independent, who is hurt and who is not hurt? >> well i have heard trump supporters say they like this candidate. i heard biden supporters say they're very upset he is not capable of being in a real primary with the current incumbent. so i think it dings both side of the political aisle. if you look at his platform he certainly is not conservative, he wants tax cuts but his climate change agenda requires a lot of central planning taking money from americans giving it to the rest of the world doesn't reconcile for his plans for lower taxes. larry: you're quite right. i asked him. i've known him for quite sometime. he used to come on another show on a different network but, he is, i said, would you raise taxes the way joe biden did and i reminded him that his uncle jfk slashed taxes. i wrote a book on the subject. he said lower taxes but didn't really go into any detail. i think he hurts biden than trump.
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>> i agree without a doubt. larry: biden aides they're worried about this, they don't like this one bit. >> i think it would be devastating for him, that said, a lot of what he said especially in the clip you played is stuff donald trump is talking about. if you took all the people out of the mix and just had that platform, 90% of americans would be like yeah that guy they would love it but i think one of the reasons that so many conservatives and trump supporters like rfk is because what we have seen over the last couple of years with the democrat party and where they have gone, they have gone to peak insanity where they're mutilating children and they don't believe in law and order and using the justice department to go after -- they want to jail their political enemy, people are okay, uncle. just give us a normal democrat, meese. larry: no, no. some old line democrats left who think, i think charlie has hit it, kennedy has a magic name still. i know it is a long time but still. last point. >> i also think people are tired of what they call the
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establishment or the political industrial complex shutting out people who want to run for office. larry: yes. >> in a country where you should be able to run for president if you would like to. he is running but he is being shut out of the process on the left because they're not willing to have a debate while at the same time not having joe biden out there campaigning. he is doing nothing. >> i would like to nominate katie pavlich. >> no thank you. larry: in a nanosecond. she can run a large department or sam bankman-fried pay her five billion dollars not to run. >> unless i have to give it back once he is in jail. larry: here in new york you're taxed at 55%. katie pavlich, charlie hurt. don't forget, charlie this week co-hosting "the bottom line" with dagen mcdowell 6:00 p.m. eastern on fox business. he is doing a hell of a jeong. coming up next the schumer democratic senate passed a single funding bill, nothing, no money. what are they waiting for? we'll ask senator rand paul. we have we have has a new book
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what are they waiting for? joining us to talk about that kentucky senator rand paul. he is the author of the upcoming book, "deception, the great covid coverup." available on october 10th. we'll get to the new book, senator in a moment. everyone is talking about the republican house and they can't govern and this and that but actually they're further along in the appropriations process. they have done more. i just wonder what is going on in the senate because we hear there is nothing, nada. i mean there is a november 17th deadline, no appropriation bills, no hearings, no nothing, senator paul, what do you make of that? >> i know this is going to be shocking to you and you will be surprised by this but they didn't know the fiscal year was going to end on september 30th even though that is when it has been ending for decades now. i would say a pox on both house because only one appropriation bill has passed the house and zero have passed the senate.
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now in the senate those on appropriations committee said we passed them out of committee t doesn't matter, unless you have to pass the whole body, you youe to have 12 of them, you have to have them done by september 30th. we did the extension. spending continues a month 1/2. they're still not planning to do them all together, a minibus, better than omnibus, not all together but three or four bills together. i'm for regular order, one bill of time for each department of government, we have 12 conference committees. conservative house should use its leverage to bring down spending proposed by the senate but none of this process works because none of the bills were passed either by the house or the senate. only one bill has been passed by the house. larry: no, senator, four bills, four bills in the house? >> unless we did two or three in the last week. last week it was one. larry: they're up to four bills. 80% funding. >> okay. larry: what you just said is the
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key, the house got to get its conservative budget. then that's leverage for the senate and i want to ask you, on this leverage point which is so important, what about the border and what about ukraine? i mean, we can't keep funding ukraine at $100 billion a year or more. i think there should be diplomatic instructions. let's have some peace talks and the border what about closing the border? hr.2 is a very good bill to close the border. can they use leverage in the senate? >> it is a disgrace that we're more concerned about ukraine's border than we are about our own but to give you a picture how bad this is, no budget from the house, no budget from the senate and if you look what comes in in revenue, we have enough in revenue to pay for social security, medicare, med cade and a few other things. the mandatory spending, entitlements consumes all of our revenue. everything else we spend is
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borrowed. right now we're looking at non-military discretionary spending which is what people consider to be the spending bills coming forward. if you eliminate all of them, if you had a 100% reduction in spending we're not going to do, you would still have a 800 billion-dollar deficit. this is thing is so wildly out of control, so broken we need to look at all spending. this is my beef with some so-called conservatives they take entitlements off the table, then they take the military off the table and they want to look at 16% of the budget if you eliminated all that you still don't balance the budget. we have to look at all the spending, not just a little swath of spending. larry: by the way to support your hypothesis, interest rates in the bond market are going up, up, up and that in turn is spilling over into mortgage rates and corporate borrowing rates and it's the government, i mean the government is absorbing about half of the savings right now. so that's a huge number. senator paul, let's go to your
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book. deception. there was a story last week, by the way, the cia was paying agents to tie to cover up funding of the wuhan lab. i don't know if that is in your book or you're foaling that story but in general you're calling it the great public health coverup in history. give us a few snippets if you would, senator. >> what fascinated me was in january of 2020 we discovered that anthony fauci and a group of scientists were discussing in private what was going on and they all were incredibly concerned that the virus looked manipulated and they were doing gain of function research in wuhan and all likelihood an accident or something that happened in wuhan. that was in private. in public, they were all saying you're a nut, conspiracy theory, doing everything they could to suppress the truth. we discovered emails that have anthony fauci from about 10:30 at night until 3:00 in the morning at a hectic pace trying
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to cover his tracks in january of 2020. he knew from the very beginning, and that's when the coverup began. the book details the extent of the coverup throughout all of our government as well as beginnings of the coverup with the chinese government. this isn't even over. we still, the coverup continues because they still are resisting my requests for even unclassified records and so this is something that the scope of this is breathtaking. larry: yeah. well, it's good stuff. we thank you for coming on. the book, "deception, the great covid coverup." it is available october 10th. you can probably preorder it on amazon, one click. senator rand paul, got to get those bond rates down. we have got to have some spending restraint. we need a conservative budget. we're counting on you. now is the moment. >> not only am i worried about what is going on i worry about a
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precipitous event, black swan event where there is loss of confidence in the dollar and you have much more than the gradualism, but something dramatic happens to the dollar. i don't think we're out of the woods on something bad like that happening. larry: see you soon, senator, appreciate it. speaking of higher interest rates, are these higher interest rates in the bond market going to sabotage the so-called soft landing? the fed thinks there will be a soft landing. markets think there will be a soft landing. we'll ask "breitbart"'s john carney if there is a soft landing. there he goes again, president biden announces another illegal nine billion dollars in student loan cancellations. i mean like what doesn't he understand? the supreme court has ruled against this. he is not above the law. senator katie britt of alabama is going to weigh in. all that when "kudlow" returns. ♪.
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again, will higher interest rates in the bond market sabotage the so-called soft landing? another way of saying will we have recession or not? let's ask john carney, "breitbart economics and finance" editor, and coauthor of the "breitbart business digest." john, front page, "wall street journal," et cetera, et cetera, you have a big rise in bond rates. that affects mortgage rates. that affects lending rates to corporations and even small businesses. what's your take? you're up i don't know 125 basis points. is the soft landing in jeopardy? >> i don't think the soft landing is in jeopardy. i actually think this is telling us the economy is strengthening a lot. the reason why bond rates are rising people are thinking the fed isn't going to cut interest rates next year as early as they did. they still think there will be a an interest rate cut next year. i think they're wrong about that. what you're seeing, usually when you have bond prices fall and
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bond yields are going up, people think the economy is stronger, people want to invest in equities. that isn't happening right now. it has been a rough couple weeks in the stock market but this is not, i don't buy the idea oh, no, it will weaken enough to stow the economy. i think what this is telling us investors think the economy will be strong enough next year the fed will keep fighting inflation with high rates and won't cut. larry: mortgage rates closing in on 8%, that cannot be good, cannot be good for the housing market. related, consumers live on those mortgage rates, also, right? they borrow home equity loans, this stuff is going way up, expensive. >> bizarrely. larry: unaffordable. >> as i said at "breitbart business digest" the housing market has gone per sercs because housing prices are rising. it has created the least affordable housing market we ever had. you're paying high rates and high prices. when you look at income, prices
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are out of control, mortgages are out of control, the question i'm worried about what happens when the fed starts to cut, interest rates start to go down, we're in danger of a really huge housing boom at that point f prices maintain their height with interest rates near 8%, imagine what happens when interest rates drop down to five or 6%. larry: what if the fed raises their target rate? >> i think the fed will be very hesitant to do that. that is surrender. that is them saying we give up, right? >> be. larry: no, raising target rate -- >> no i thought you meant raise the target rate for inflation. you're right. larry: not for inflation, their own fed funds rate. inflation is creeping higher, you have written about this, last couple months. oil prices sold off today, i get that but nonetheless there is a lot of inflation embedded in the system but what happens if they raise the rate?
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>> i think they will raise the rate at least one more time this year. larry: there you go. >> they will go into next year not raising again, that is their current plan. i think they will be proved wrong because i think inflation is going back up. i put up a chart the other day shows what happened to the m2 money supply, what happened it has gone flat. it is no longer coming down. it collapsed earlier on when they raised rates quickly, that is what you expect. it is now going flat. it is no longer having restrictive effect on the economy. i would love to talk to like somebody like ed hyman, his view on this, these guys have been looking at money supply a lot longer than i have but i think it is telling us the fed needs one or two or three more price hikes. larry: getting to 6% on the rate. >> right. larry: getting into the bond market, may not be all of it but getting into the bond market. everybody got excited yesterday
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about the jolts because it showed more job opportunities. >> right. larry: i always thought, john, job opportunities were good. i always thought more people working were good. bond rates can go up. maybe they should be at 5% or 6%. i don't know what the right level is, but what is wrong with more job opportunities? >> no, i think it is great we had more job opportunities. larry: really? >> we had job opportunities, a lot of job opportunities were white-collar jobs but that is great. a lot of people who will be able to get a better job because that's what is going to be on offer. we also saw a big expansion in manufacturing jobs openings. people were not prepared for. people think oh, the manufacturing sector is in recession. that is wrong. the manufacturing sector was in recession. it is bouncing back. if you look at factory orders that came out today, much better than expected. larry: another one, good review of all the data, ism supply managers services came out today. >> right.
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larry: a little softer but no panic. >> no panic but i will say the softness is oil prices. what is happening is high gasoline prices are siphoning money away from household budgets so when you see it is not consumer spending dipping but consumer spending -- new orders was hit pretty hard in the services ism. that got hit hard i'm sure because people are just filling up their gas tanks and can't afford to get a haircut. larry: finally, no haircuts, i need a hair trim myself, not many hairs left. the consensus is 155,000, non-farm payrolls on friday. >> right. larry: now i know these things are crapshoots but i was thinking, takeover or under? >> i take the over. i the jolts number was so good i think they were probably able to fill a lot of jobs in september. larry: if it comes over bonds are going to 6%. >> it will go through the roof. we'll see -- it is this terrible thing. larry: this is tricky period.
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>> good news is bad news, right? so the stock market will fall because we have some people getting jobs. larry: john carney, "breitbart," nobody does it better, thank you, buddy, appreciate it. switching gears, joining me now senator katie britt from alabama. we welcome the senator back to the show. senator, thanks for coming on. i want to play on the border story, some real hijinks coming out of the white house press operation. please take a listen to this sound. >> anybody outside of the white house think the immigration policy is working? >> so here's what i can tell you, i just mentioned that the president requested $4 billion for supplemental funding to address what we're seeing at the border, right? and to manage what is happening currently at the southwest border more specifically and republicans continue to block us. they do. they continue to block us. larry: so, senator katie britt, republicans are the problem on the border. that's the message that keeps coming out and i thought you
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might want to respond to that? >> oh, larry that couldn't be further from the truth. the truth is the supplemental request made by the biden administration by the president himself was an absolute joke. what that supplemental request would have done was help to further this crisis. it would have helped to manage the flow of migrants coming across the border and not actually secure the border. in order to be able to do this, if you're going to try to do it with a funding mechanism you have to put the funding in the right place. you have got to make sure we have more border patrol agents. we have to make sure we actually finish building barriers on, on the border to make sure that we are putting migrants and they're flowing to the right place so border patrol agents can actually do their job. you have to actually tighten asylum standards which is a policy change, from a credible fear to a reasonable fear. we know what to do. the senator cruz has a companion
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bill here in the senate secure our borders act and companion to hr.2 would absolutely secure the border. i looked at our last president, president trump figured out how to do this. president biden is refusing to do his job, that is the long and short of it. larry: senator brit, when i hear the white house say catch and deport, when i hear them say, remain in mexico, then i will know that they finally sobered up about this problem. the rest of it to me is just a lot of political malarkey, honestly. you know, like who do you believe here, your own eyes or this rhetoric from the white house press room? >> thank you. that is exactly what we need to hear them say. we're going to secure the border. we'll put back in remain in mexico policy. we're going to create a secure third country policy we're going to work to actually change what is happening on the border each and every day which means we'll secure it because right now it is absolute crisis.
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i want you to look back, think back to under president obama where secretary jeh johnson said if we have 1000 encounters a day, 1000 that would be a crisis. we have 10 to 11,000 people a today crossing our border yet secretary mayorkas won't call it a crisis. we have to admit there is a problem. he has to have the political courage and will to actually make a change. larry: senator brit, let me go to another subject, once again there is a headline, white house, administration wants to cancel, whatever, nine million dollars, i'm sorry nine billion dollars worth of student loans that would be covering i think something like 150,000 people. now i don't, you got to help me here, ma'am, the supreme court made a decision that said the white house does not have the executive authority to do that the supreme court's decision was written in english.
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i remember it. other people can read the same english that you could read or i could read and yet the bidens want to continue to cancel student loans. how is this possible? why is that not law-breaking. >> it is absolutely unlawful. you are spot on. this is once again president biden ignoring the highest court in the land, it is interesting, if he likes the decision they make he celebrates it, if he doesn't he completely totally ignores it which is what he is doing today. this unilateral exertion of quote, unquote, power outside of statutory authority and congressional authority is unlawful. it is not only unlawful but it is unfair this is not forgiveness, larry there is a transfer of debt from one person to another. it is transferring it to hard-working americans, some of which chose to not take on the burden of maybe you know,
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college debt because they decided to go straight into the workforce and they're providing for their family, now they as taxpayers will be saddle didded with this. it is completely and totally ridiculous. >> do you think that the, you know, top advisors to the president don't speak english? maybe that is the problem, they just don't, can't speak it or read it. i'm being facetious about it here but it's annoying okay, it ticks me off every time, they're just busting the law and you know, mark levin and others said that is impeachable offense. maybe it is, i don't know but i'm saying they're breaking the law. the law is clear! >> absolutely. the law is clear and it is reckless. we know our debt, $33 trillion. this is absolutely irresponsible and reckless and joe biden needs to start doing his job. larry: senator katie britt, we always love having you on the show, thank you. >> love being on, thank you, larry. larry: riddle me this, hunter biden pleads guilty, now he
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pleads not guilty and i don't think he is meeting any conditions of his release. we'll have to ask former arkansas governor mike huckabee about it. if you can't "kudlow" at 4:00 p.m., catch us again at 7:00 p.m. eastern right here on fox business. we'll be right back. jar ♪. ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee. ♪ ♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body to flush out some sugar! and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. jardiance may cause serious side effects including ketoacidosis that may be fatal, dehydration, that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur.
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♪ larry: welcome back to the show. former arkansas governor mike huckabee, thanks for coming on, governor. ii want to play you merrick garland, "60 minutes," all fair is in the american judicial system. all the talk about double sword and two tier system is wrong. take a listen to this sound, mike huckabee. then we'll get a comment on you. >> we do not have one rule for republicans and one rule for democrats. we don't have one rule for foes and another for friends. we don't have one rule for the powerful and another for the powerless or the rich or poor, based on eggs anythingty. we have only one rule, follow the facts and the law. larry: so we have only one rule, governor huckabee. what do you make of that stuff, one rule? >> you know, i'm just amazed at how effective he is as an actor. he should get an academy award
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for that appearance. anybody who briefs that ought to talk to peter navarro, what it is like to be put in shackles when you're in your '70s, because you believe you shouldn't be violating an eke sieve order. there are some things that just are totally wrong with this. pro-life 70-year-old women who are in jail right now because this justice department thought protesting at an abortion clinic is horrible but burning a police car in portland or minneapolis, that's okay, no big deal, nothing to see, mostly peaceful protests. larry: how about taking your biggest political competitor and locking him up for 750 years, what do you make of that? is that fair? >> i would have a little bit of a problem with that. this is the absurdity and also the reason donald trump is so far ahead in the polls because most americans aren't as stupid as merrick garland must take us to be. we look at this and we say never in the history of a free
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republic has one person in political power taken all of the apparatus of government to grind his opponent down through the legal system by using the alphabet agencies to destroy him. if you believe in a free government you believe you just go to the ballot box and you make sure you count only the right ballots and you count them fairly and winner wins and the loser loses but when you take the power of government and you weaponize it, you destroy our opponent that is third world banana republic stuff. larry: i've always thought, mike, the white how was calling the shots for all of these various indictments. i just, i may be wrong but i always thought that. white house, justice department, local prosecutors, u.s. attorneys. anyway, i want to ask you something else, it's a pleasure to see you back on our show, this hunter biden stuff, so he is in court in wilmington, delaware. he changes his plea.
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his original plea was guilty to gun charges. now he is arguing not guilty and i think that is as phony as a three dollar bill and mike, we have a list, the hunter biden conditions for release. we're going to put it up on the full screen. i don't know if you can see it or not but he has got to seek employment. the guy doesn't actually have a job. influence peddling is not a job. he is not on the burisma board anymore as far as i know or the chinese investment company. seek employment, communicate international travel, no firearm. okay, he probably is dealing with that. no alcohol and drugs. medications must be prescribed, drug tested randomly and substance abuse counseling. since he doesn't have a job and you know an employer i find it hard to believe that he is meeting these conditions. and again i think this is part of the two-tiered justice system. what do you make of this? no one is talking about hunter biden not meeting these
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conditions unless i'm completely wrong? >> you know, larry, you're such a cynic. here's hunter biden and he is going to do all these things. he after all does have a job. he is a world famous painter, an artist and he is getting $500,000 and more for blowing paint through a straw, a guy that never took an art class, such a prodigy. he doesn't need art. he doesn't need any painting. he can blow paint on canvas, somebody, somebody would like to be appointed to something, shell out half a million dollars to get one of those paintings. i'm sure the louvre in paris will be filled with hunter biden art and if that doesn't work, he does have the sugar daddy out in california who pays his 20,000-dollar a month rent in malibu, good gig if you can get it. larry: i get it, governor, i got it. i'm just saying, he doesn't have an employer and he is not there
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for meeting a lot of these prescribed conditions and i think it is very important. he's not above the law. i'm not unduly attacking him i'm saying how is he meeting these conditions? is anybody checking up on that? that has to be part of the court hearing and the court judgment. >> i think that the real tragedy while hunter biden probably will never spend a night in jail there are tens of thousands of americans, many of them poor and black, and they have spent years in jail for doing less than hunter. larry: right. >> that is a real travesty. larry: governor mike huckabee, pleasure to see you. thank you for your time. hope to see you soon. folks, i will be right back with my last word. ♪.
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♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. larry: so i write off the pessimists. house republicans, choose a speaker and then move ahead and govern. they can do this. they can implement a conservative agenda and i put pressure on the senate and the white house. i don't write them off at all. and no one can ever write off liz mac donald. elizabeth: i'm optimistic too, larry, as you are. in this story, house are republicans, are they going to pick a pit bull to replace speaker mccar hu? voter poll -- mccarthy.
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