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tv   Kudlow  FOX Business  September 24, 2024 7:00pm-8:00pm EDT

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larry: hello, folks. welcome to kudlow, i'm l arry kudlow. donald trump announcing a
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new american industrialism, creating millions of jobs, raise wages and make u.s. to a manufacturing power house. later in show senator john kennedy talk about joe biden leaving his successor a world of disorder. and vivek ramaswamy talking about his new "fox nation" special truths. why god is real, shutting down the bureaucracy and the climate change hoax. house members anna paulina luna and scott perry with skyrocketing cross of illegal im break, and joe concha and mark simone why kamala won't help catholic charities. but first, the subject of the riff, don's new centralism. -- donald trump's nw
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industrialism, mr. trump gave a speech in georgia on his plan for a new american indus industrialism, almost continuous contraction since autumn of 2022, all manufacturing jobs under biden-harris were bounce backs from the pandemic. jobs, and hours works declined since october of 2022. and real wages down 2.7%, for manufacturing workers. all this despite trillions of dollars of biden-harris subsidies and tax credits for green new deal, over regulation, climate relate over regulation with ratcheting anonymous nrkz .
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suppressing, hard good industries. and epa climate rules throwing a wet blanket over paper, cement, glass, steel iron and chemicals along comes mr. trump today. >> as your president here is the deeing deal that i will be offer to every major company and manufacturer on earth. give you lowest taxes, lowest energy costs. [applause] lowest regulatory burden. and free access to the best and biggest market on the planet, only if you make your product here in america. larry: all right made in america, he calls that new american industrial, he wants to build, shipping and airplanes and robotics and a.i., and electricity, then the center piece of his plan. >> center piece of h my
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plan for a manufacturing renaissance, 15% made in american tax rate. now, we're cutting business tax from 21% to 15%. which makes us the most competitive tax anywhere in the planet but only for those who make their products in the usa. we'll continue with regulatory cuts. >> already a couple republican house members have drawn up legislation for 15% corporate tax rate that would make the u.s. a world-class competitor, and mr. trump endorsed a 100% expensing bri write-off for heavy machinery and other equipment in first year. full expensing for manufacturing investment and
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cutting 10 old regulations for every one new one. in his first year it was 7 for one, now he's to do 10. now trump's new american industrialism, an important name, break a leg mr. president, you're coming down the homestretch, that's the riff. joining us now steve moore, author of the trump economic miracle and host of moore money. michael faulkender, just plane ord ordinary chief economist, steve moore, new american industrialism. there was no manufacturing increase in the biden years, what do you make of it. >> i think by the way he can eliminate 10 regulars for every new -- regulations for every new one, just repeal
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all of biden's regulations in the hundreds most all of which have hurt our industry. i like the pro-america theme, i did not agree with everything. but i love the tone of it. the idea that we're putting american first to 15% corporate tax. do you remember one of our first meetings with donald trump, 8 years ago, he mentioned that 15% corporate tax. we he understands value of deregulating and cutting tax rates, i love he talks about producing more minerals and oils here in u.s., we have 5 trillion dollars of mineral resources here, it was incredible pro-job, pro-put america first, speech with a lot of new ideas, in there so, i give it a minus, i thought it was a great
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speech. larry: faulkender, on the other hand, "wall street journal" editorial making clear, citing numbers. that manufacturing under biden-harris was a nonevents. we have been flat for two years, jobs are down, isn has been down -- ismhas been down. they have not been able to make it stick, even with all of the subsidies and green new deal stuff, all of their other red tape and regulations around green new deal, and high prices of inflation and electricity part of inflation, all that really stymied manufacturing, we have gone nowheres under their term. >> that is right. because under trump we had 460 thousand manufacturing jobs created from time he took office until the on set of pandemic, and under biden and harris, the jobs came back but we had a nit
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increase of about -- net increase of about 100 thousand jobs in last two years decline. because the biden-harris administration has put 1.7 trillion dollars of new regulation on want to of this economy, any highering that companies are doing is not to manufacture but to engage in compliance, that does not bring down prices that just making doiing and here in u.s. more expense itch. expensive, and the other thing is energy, if we don't unleash american energy then we cannot engage in this information in the artificial intelligence and manufacturing that is such a critical input. that leading with energy again is so critical. larry: the one thing that biden-harris has never understood not about transitioning, you know to somehow noncarbon -- we should be adding, we need to add power.
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i was in u.n., panel today on this subject we need to add we need more electricity, we had a.i. to finance and power. and trump is getting at that. but steve moore, to you, your column, u.s. under biden and harris, have attacked our big tech companies, about as much as europeans have together, we don't have to agree with their human resource policies but we don't want to destroy we have a lead over china, europe has nothing in social media and advance technology, why do we want to destroy them? >> you know, this is such an amazing story. that story of last 30 years where u.s. has totally dominated the internet age, 5 or 6 or 7 biggest company in word today, 6 of 7 are in
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u.s. of a, whether google or apple or amazon, we did at start of the internet age, was we mate decision as country -- we made a decision, let's make it wild west, let the companies go at it, we're all the richer for it now you have the europeans who are so envious of united states, because we dominate that industry, they want too go after our companies with lawsuits, what should american -- biden administration do? they should be defending american companies, instead, you have the people like leyna kahn that are piling on and saying, and that is soutoutrageous, if we want to web race to robotics, we need to be number one and have american government supporting our industries not trueing to tear them down.
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larry: -- not trying to tear them down. larry: mike faulkender back to mr. trump's 15%. that would make super competitive, ireland is 12.5. this would put us below china but, to steve's point, basically european union throwing a jealous rage at our tech companies. and faulkender, i tell you, leyna kahn, the federal trade commission and antitrust division of justice department have thrown a rage because they don't like business, biden-harris administration is most anti-business da administration. >> they are, i would add to that, we have an sec that is requiring so much in additional costs to complying with being a publicly traded company. we have 35 thousa
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we're hearing from companies that they would rather engage in technology innovation in europe and china than here, can you think of a time when a tech company said it is easer to do business in europe than here? that is what we're hearing because of leyna kahn, gary gensler and biden-harris administration with rule making, we have to deregulate and open capital markets and keep taxes low this must be american's. larry: this business about how eu can tax american companies, one thing donald trump said only american legislatures is tax american companies not foreign that say very important point. i have to get out. i appreciate very much steve moore and michael faulkender. >> coming up on cuddl
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kudlow, deporting illegal immigrants the slash federal budget deficit we have congresswoman anna paulina luna next. you can catch kudlow at 4 p.m. here on fox business, if you can't get us at 4 text your favorite 9-year-old and she will show you how to dvr the show, and you will never miss a new manufacturing job, i promise you, we'll be right back. hey jim! can we talk about casual fridays? oh sure. what's up? get fast, powerful cough relief with robitussin, and find your voice. ♪robitussin♪ to me, harlem is home. but home is also your body. i asked myself, why doesn't pilates exist in harlem? so i started my own studio. getting a brick and mortar in new york is not easy.
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the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house!
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there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. larry: kamala harris considering a trip to southern border this week, jacquie heinrich is live. reporter: few details. the campaign has not given response to that reported trip in the works, they have not given us too much meat on bone on questions we have asked about h her former. bipartisan border bill is her immigration pitch. the bill harris said she would have signed would have continued the flight program. but it would end the one
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app. more than 800 thousand migrants have been paroled in illegally with the program. which faced criticism for loose vetting. in june isis terrorists who used it were arrested. that bill also did not secure a pathway to citizenship for millions of dreamers, migrants brought in illegally as children, in 2018, harris opposed deportation. . >> today campaign is not saying whether she up holded her 2019 pledge to -- shield 6 million from deportation, here is her opponent's take on her broad border plan. >> she is going to border
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soon, she has not been there for 4 years, the border czar, i'm not the bo border czar. interesting. reporter: several outlets report that trip become friday, when she visits arizona. campaign has not confirmed it reports it is motivated by a tip in polls on that issue. larry: no you do the, i had not seen the clip, 2019 she is dancing around no deportation. has anyone asked her about that? i heard about this clip, this is first i'm seen it, i know you presented it. in t. >> we have asked about this and others specifics with her past policies support and stuff she has done under the biden administration, whether she would continue it campaign continually
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recycles these blanket statements. saying shy would put the bipartisan border bill to law and proud of work she has done with biden administration, they don't answer specific questions these days. larry: thank you jacquie heinrich. >> joining us now. florida congress woman anna paulina luna and scott perry, anna. what do you make of this, going to border maybe for first time. i don't know if you saw that clip of her dancing no deportation. there is a study i hate to bring it up, having so much fun with dancing there. but there is a study from respected manhattan institute, think tank here in new york city, saying, if something like mr. trump's idea of large scale deportation were put to do place this would among other things, slash the federal budget deficit, that is the
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reverse of what the cbo has been selling, what do you think. >> referencing her dancing with the deportation chance, chant, i heard that, only thing kamala harris is going to border even her own party say that crises that she created, is something that is unsustainable. let me say, she is a minority woman, i know too, do you know what she has done for us, nothing, she'll not fix will problem. she is using it as a political talking point, referencing deportation, let me tell you right now new york city has infiltration of violent gang from venezuela, and the illegals costing new york city taxpayers over 12 billion, twe need someone tough and aggressive on border security that is why we'll be supporting trump. larry: scott perry, this point, congressional budget
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office said that illegal immigrants help cut basketball deficit. -- budget deficit, that is remarkable. they forgot the cost of the illegals, you know free housing and free healthcare and free rent, all welfare. this fellow, daniel d martino, from manhattan institute, estimated that 130 thousand perill per illegal migrant cost 130 thousand, i don't know how many we have 10 million or 15 million, there is a more accurate study than what the goofy cbo is selling. >> well, i am not been a fan of the cbo for a very elelong time, face it they have numbers with inflation reduction act wrong, and obamacare they underestimated they are a typical government
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organization you can not rely on, and often times get it wrong without accountability. let me tell you this, a second generation immigrant from colombia, what biden administration and kamala harris supported has been a front. and we know this is. and in last decade, they brought in about 7 new congressional seats, minimum, and in this decade over 8, that counts toward census and apportionment and election rat aelectoraaeae. >> they are registering them to vote. whether it is the cost of it or social cost, america can no longer afford it, and whether you are democrat or republican or somewhere in the middle people are sick and tired muc of it done
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with it. larry: you mentioned venezuela gangs. here is my point, sanctuary cities, which prevent local police from dealing with the federal agencies, i.c.e. and border authorities, they are the venezuelan gangs best friend, they go in jail, they are released on bail but they cannot be turned over to federal authorities. i will give you last word sanctuary cities are simulating, aiding and abetting this gang warfare that is destroying our cities. >> most certainly, they are unconstitutional as well, and i would also say, no one talking about impact it is having on poor black and hispanic communities in the inner-cities, the gangs will cause race wars, left is causing this kamala harris wants this, it will be in
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her hands, if we don't fix it. vet trump. larry: 100%. anna paulina luna thank you, and congressman scott perry thank you. >> on kudlow, joe biden leaving his successor a world of disorder that may be bordering on word war iii we talk with senator john kennedy next up. (♪) (♪) after careful review of medical guidance and research on pain relief,
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larry: joe biden leaving his successor a world of disorder, that from "wall street journal" editorial page today, joining us now louisiana senator john kennedy, welcome back, sir. i don't know if you read this "wall street journal" editorial, a very good one. i think of a generically as appeasement, list, here, afghanistan, problems in iran, the problems of iran,
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saudi arabia, axis of evil, and in ukraine, speech to u.n., joe biden said world must end its era of war, seems he has a lot of blame of that, what do you think. >> in my opinion, larry, in context of national security, for americans, which is what i care about, and foreign policy, president biden second secret service name should be wienie. and vice president harris secret service name should be wienie, jr. she is said she has been in the room for all of these major decisions. i will buy you a pony if you can name me one foreign
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policy victory they have had, measured anyway you want. afghanistan, the nord stream 2 pipeline, gift to putin. when they told putin well, if you have -- just a minor excursion in to ukraine it might be okay. that really helped. his position on ukraine. regardless of what you think about ukraine. president biden and vice president harris 's position has been we don't want you to lose but we don't want you to win either. his position in middle east, they have allowed houthi rebels to shut down commercial shipping in red sea and appeased iran, we put sanctions on iran's oil biden and harris refused to enforce them, i could talk about failure with
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respect to venezuela, cuba. mexico. he and president biden and vice president every budget, every single budget, they have submitted to us in congress, they have asked us to cut defense. >> right. >> and i will be glad to talk about the reasons i think this happened. but, their record in terms of protecting the american people, it just triggered my gag reflects. larry: one thing that isic r extraordinary, trump left them with abraham accords. saudi arabia, probably ready to join. and one first things that bidens do as you know very well, is they insult saudi arabia, they run off at the mouth about human rights that alienating saudis and
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before you know it, that plus their lifting of sanctions that refinanced iran and terms them into a well to do regional power, now look at what we have. look at what we have, with israel fighting two wars are at same time. and iran financing the people israel are fighting, i can't imagine, i don't care, democrat or republican, it is just stupid stupidity and damaging because it such a powder keg. >> here is what i think problem s -- is and you make good points. i don't hate anyone. but vice president harris, president biden, secretary antony blinken, and national security advic adviser sullivan, they are not wartime con sig.
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>> they are diplomats, they think if we just sit down and hug our enemies and give them hot cocoa it will be okay. they want to quot . and if you turn the other cheek too far with them, you will just get it in the neck. and they are not scared of president biden or vice president harris look at, they a running wild throughout the world, in e eindopacific and middle east, and biden-harris administration just allows them to do it. larry: i love your phrase, these are hard men, that is right. these are hard men. and this particular group in the biden bis
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administration, they are not tough, the other point, that basically. mr. biden has empowered every authoritarian in the world, they are allied with each other, so-called axis of evil, russia, china, north korea, expirk ran. iran and various satellites, they are not our friend they are our o enemies we learn that appeasement never works. >> i am seeing classified information. you don't have to be a latin scholar to figure it out, quarterback is president xi in china. and he is working with putin, and ayatollah and their goal to have russia, dominate central and eastern europe and iran dominate middle east, and china be free to do what it wants. i don't want america to be
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world's police. i don't want russia or china or iranians to be either. and with these are hard men. and they understand one thing, hitting them right between the eyes. >> last one, sir, you know, mr. trump left the world basically at peace. and he designed some important changes, i mentioned abraham accords he was tough with china, you know sometimes tariffs are good negotiating points. without trade. as well as with trade. i'm just saying biden inherited a world at peace and leaving a world at flames, i think it is incredible, like you, i don't want to fight wars either. i am an old reagan guy, i was a kid worked for reagan, i believe in pace through string, right now i would
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say, we have no theory -- i believe in peace through strongstrength. >> our enemies are no long era, frayed of america, that is the bottom line. and there is no deterrent, the best way way to prevent a war is to be ready for a war, and our enemies know we are not. larry: yes, sir, senator kennedy thank you so much. >> thank you. larry: joining me, vivek ramaswamy, author of truths, with vivek ramaswamy. suprscream streaming now on fox nation. i have a couple things to talk to but. but, i'm reading kamala harris is calling for an end to the filibuster.
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this annoys me, i'll bring it up. calling for an end to filibuster regarding abortion. which i think is first, ending filibuster is a bad idea, i 30 s thought supreme court decision turns it back to states is a good idea. she is fronting for a packing of the supreme court that is the worst of all. >> that is where the road ends. you talk about where kamala harris wanted to end filibuster first was to ram green new deal through. she was a cosponsor of legislation, and she said she favors ending filibuster to do it, you see that in question of abortion, we talk about the constitution is the strongest g guarantor of freedom, you go to the question of packing supreme court that is the end of country as we know it look at three letter
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agencies, a staggering thing how many timings like ftc and sec, countless, have lost, and epa lost in federal court, saying their own actions are unlawful. if you pack the supreme court, you lose the last bastion protecting this country, chapter in this book dedicated to that and way supreme court pushed back on add machine administrative state that could be most dangerous part of a harris presidency no one is talking about. larry: the bureaucracies, the hhs probably worst, but not only one, we have talked about it. the swamp and the nanny state that comes from this swamp, let's spend a moment on nanny state, it would be a good thing if government was promoting work, not paying for not working, and government was more sensible with respect to a private oriented health care system then a government takeover
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of the healthcare system, i could go on. but the nannies, you are getting to nanny state. >> i get to nanny state, in start. the book is called truths for reasons, not just hard truths to lift but hart truths on our own camp and our own party. i don't think that conservatives have gone hard enough after the nanny state. what is the nanny state? entitlement state and regulator state. shut down any dismantle that nanny state, in this book. immigration, we would not have immigration country if we did not actual i have a nanny state, or a national debt crises if we did not have a nanny state, or a victim hood culture and loss of cultural pride and hard work. if we didn't have a nanny state. so, many people i think there are emerging voices to right that would prefer to
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replace left wing nanny state with a right wing nanny state, the right answer is shut it down. the most important part of this book. 3 words, shut it down, that is how we save the country, nie. these are hard words not just to left, this contains bitter medicine for modern right as well, that are required to safety nation. larry: i said, work is godly. i know you have some god in this booker on higher high -- book book, or higher power. as our founders put it in the declaration. i am not saying an established state religion we free to choose. but i don't see y how a
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great country could have families, businesses and people working word if they don't understand moral values attached to a higher power, attached to god. >> some is linked like climate agenda, merging, an old saying from blaze pasquale. 400 years ago, a s scientist. he said if there is a hold the size much god in your heart and god doesn't fill it, something else well. we have a need to bend the knee too something, if not the real thing then you will to climate religion and transgender religion, people are substituting faith in god, they disappear. the most tr dangerous religions are those people fail to recognize as a religion as they practice
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it. beauty of america is freedom. our founders viewed us as a country guided by hand of divine province, one nation under god we say for a rienreasons. believe in their duty to work hard for a higher purpose, we would. and i don't think in country right now risk we see is we're not seeing persecution of atheist minorities we're seeing an assault on religion. larry: you said c sadie -- duty higher purpose, those words are banned in many parts of i'll say other side of the aisle, i said before, i worked years ago for william f buckley, he said family with
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no rel religious, is no going to be worth it, we're deteriorate, my fear, is that people are afraid to speak out. and i'm glad you are spi spike -- speak out it essential. i love it, i have to get out, i wanting to have this conversation. >> tell me what you think of the book. larry: pick the book up. >> challenge truth is we need to do more. i hope it arms everyday americans who might agree to go convince their own friends on left, of the same thing. larry: great stuff. >> thank you. >> appreciate it. >> vivek ramaswamy. >> good to see you. >> best of the best. >> coming up next. why is kamala harris, here we go, why is kamala harris snubbing new york, catholic charities? this is something that vivek just talked about we'll ask joe concha and mark simone,
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>> just before taking the dais. hillary accidentally bumped
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into me and civilly said, pardon me. i very politely replied, let me talk to you about that after i get into office. larry: [ laughter ] she is laughing, hillary is laughing. joke jjoe concha fox news contractor or. author of progressively worse and mark simone, hall of fame rowradio host, she has in nerve. i am going to say, she is not only afraid of matching wits is donald trump. joe, but i'm going to say, deep in the dwu guts of democratic party in say lot
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of anti-catholicism, and going after the people saying mass in latin. and putting them on bad list, this -- yes, she is afraid to match wits with trump. but don't in democratic party, she knows. >> it say huge enforced error by kamala's campaign, she is giving donald trump a huge stage, national television, he is king of all roasters, probably better than dean martin at-this-point. she is not going to be be able to be there and return serve. who thinks it is good idea to snub a major c catholic charity event, she is horrible at comedy, she will tell a joke, it will fall flat, she will cackle and
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start applauding herself, then, if she trades fun barbs with trump, her camp is afraid that will humanize him. larry: how much has to do with catholicism, cardinal dolan, he put out a statement, we would make a response but we don't know what to say because we've never seen this before. talking to vivek about this, a big chunk up for grabs in in election is hispanics. hispanics many of them, go to church. they go to catholic church, they may go to other, but they are church goers, profoundly church goers, and religious people, kamala is blowing it with that group. >> she alienated jewish community in new york new the catholics, some -- i believe that donald trump has a good shot at winning
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new york, this is not helping her there. and i understand. there is an abortion disagreement between the church and her, that is a big part. the other part is, trump is the king of roasts, he has done every comedy central roast, we did roasts in ballrooms. he is brilliant, she has no talent for this, when he makes jokes about her, she has to laugh. as if she is enjoying it. >> okay. i get that, get roasting thing, she won't -- i am come back to hispanic vote is a profoundly catholic vote. and she is dissing catholic charity here's in new york it will be publicized. every news show, she is -- a lot of hispanics and she is already in trouble, barely 50/50, last word. >> last word. forecast has trump winning nationally by 3 points, they are scarily accurate. >> mark simone and joe
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