tv Kudlow FOX Business October 8, 2024 4:00pm-5:00pm EDT
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preferred stocks and going out on the risk curve and going for them and cash. liz: many coming in and saying well, wall street climbed a very, verial wall of worry and so maybe you want to paul back a little bit and master at the top of the show and and liz: all right, markets many the green. that's it for us. next it kudlow.
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chardavid: hello, everyone. i'm caved asman in for larry kudlow. communities reeling after hurricane helene and hurricane milton is quickly approaching and white house is slamming questions about hurricane response as "misinformation" even as they continue to send billions to ukraine and lebanon without congressional approval. hay claim they need congress to increase the money supplies if needed. playing political games over calls about some relief and talk about it with mai congresswoman claudia tenney and florida congresswoman anna paulina luna in just a moment and fox news senior white house correspondent peter doocy. >> coming to how they see at the
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current time and going for them and going for the goal side of florida. ran desantis. >> we've been cooperating and going for them and i talked to them again yesterday and i said not only doing ambrette job. reporter: based on her answer to a question about a report, desantis is not answering her phone calls. >> utterly irresponsible and selfish and it is about political gainsmanship that he's doing the job he set out to do and should put the people first. reporter: desantis saying he had no idea she was trying to contact him and said he thinks she's posturing anyway. >> i have zero time to entertain
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the political games. we're gone ma continue to do what we need to do to prepare and respond to what may be the most damaging storm miss the history of the united states so she says focusing on protecting your people is selfish, i think she ought to look in the mirror. reporter: president biden going to skip a planned trip to europe and africa because he country think he can be out of the country at this time. that stands out and he watched hurricane helene hit north carolina from his beach house in rehoboth, delaware, he said it was no big deal because he was in demand and had his phone, david. charles: yeah, the optics are not great on that and didn't want to repeat it. wonderful peter, joining me is mai congresswoman claudia tenney and florida congresswoman wanna pplea that luna.
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lives are in risk and in danger and the previous hurricanes and take it seriously and claudia tenney, i'll come to you first. it does seem like there's branstading going on by -- grand standing going on for kamala harris who's running for president because the president right now, biden, says he's finding it very easy to cooperate with florida governor desantis. what do you make of all this? >> yeah, first, david, my heart goes out to everyone in florida. i have a lot of friends there, i'm admitted to the bar there, i mo my colleague anna paulina luna has been in the middle since day one and working hard as are all the florida reps trying to do what they can and we think governor desantis is fantastic and don't have time for do nothing vice president suddenly trying to look like she's doing something. i find it extremely disturbing that our president, who by the way isn't sure what's going on, who's being propped up by staff, is not supportive of the vice president who is now running for
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president and it just tells you a lot about the lack of leadership in the country and trying to go for the strength of the heat off themselves and other members of congress and anna paulina luna and cory mills and others on the ground trying to rescue a federal brock seizure disorders going for them hurting and hurting a lot of people and i've been through that and david: congresswoman, luna, what's been your understanding about the communication between the white house and governor desantis. by the president's account, it's going well and governor desantis said he didn't have a need to contact vice president harris because she's mott the one
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authorizing funds given to the state. >> that's 100% accurate and i'm finding that there's been a blatantly obvious i think positioning by kamala harris to use this and tray to make us look bad and i've been highly credit al of president biden, but he's stepped up to the plate and got on a call with governor desantis today and also cathy and it was a bipartisan phone call and desantis is ready and prepared and he's activated 6,000 national guard and 500 ambulances saging at tropicana field and recently with hurricane helene, we had 12 dedeaths and doing everything we can and it's not time for them and going for them and she needs to step aside and let someone else do it for her. david: stepping aside, is your district getting everything it
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needs right now in preparation for milton? >> as of right now, i would say that fema could do a heck of a lot better in giving us the funds we need to help our residents and moistures kepts over 50,000 residents with helene are going to be unable to return back home and there's a ton of work to do on the ground and i'll say we're going to need massive relief efforts going to bring supplies in and going to be catastrophic and going to mention fina. david: a lot of questions about whether it has what it needs and a lot of that came from the man himself and dhs controls fema funds and department of homeland security and secretary mayorkas and he said for relief.
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>> we're meeting the immediate needs with the money that we have. we are expecting another hurricane hitting. we do not have the funds, fema does not have the funds to make it through the season. david: he said he does not have the funds to make it through the season. there's a whistle blower out there saying there's $7 billion of un-requisitioned funds available that can be made available. i suspect he county know that at the time otherwise he wouldn't say we have run out of funds or if he did, there's some lies going on. >> caved, you're giving hip the benefit of the doubt and they know they've been spending them on illegal immigrants and overseas to ukraine and want to reimburse lebanon and controlled by hezbollah and sending missiles into israel, our allies in the middle east. when you're not meeting the
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needs of the people in north carolina, and the people in florida and the people in harm's way, that's exactly what fema was designed for. mayorkas knows they've been shifting the funds away from americans and every american should not omelet know this, they should be outraged and whistle blowers are going to continue coming forward and telling us exactly how this is about to go on and going for the biden administration and she needs to have a serious player and going for them and taking it seriously and going to be out there and she's not ready for the job and being the president of the united states or commander. a crisis and double crisis and
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wonder how it turns out and we heard peter doocy at the beginning of the segment give his report. he didn't play because mott because he's shy and focusing on other things and i'm going to play right now, his exchange. this is how he responded. >> if he's got money for people in lebanon right now, what does it say about his values if there's not enough money right now. >> you're asking why congress needs to come back and do their job. that's what you're asking me. congress needs to come back and do their job and provide extra assistance and funding to disaster relief. david: congresswoman, why does congress have to come back if fema runs out of money when in fact the executive branch of the government needs to spend an extra $157 million on aid relief to people in lebanon? i mean, they're doing that
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without congress. why can't they have some emergency funding for fema if it needs it? >> it's highly political and i want to go back to what they're doing and seems conflicting messaging and even for the white house and getting reports on them and kamala harris and joe biden staffers don't have enough to fight and it's bad blood and joe biden not seeking reelection and this is all happening and i have people looking at losing everything in my community in peak spl nellis county and i had to e vac pinellas county and i don't know if i'll even have a home and we have funds responding to north carolina and they were searching for people with cadaver d dogs and they're finding end trails because it's got so heavily destroyed and i don't have time to deal with the drama of the white house. i need strong leadership and i
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think people need to look deeply as to what's happening right now in the country and think about who you want to lead us for the next four years because i'm telling you right now, it ain't going to be kamala harris. she's dropping the ball and it's horrifying, especially we're looking at cat 4 landfall in the next 24 hours. david: yeah, congresswoman, we're praying for your district in play and we hope you don't receive the brunt of what could be a terrible, terrible tragedy. we are with you and wish the white house would get its act together. apparently president biden thinks he has with governor desantis and saying anything to the contrary with biden and kamala harris and what role she's playing in all this and we didn't solve that question tonight. good to see you both, ladies. thank you for being here. tune into fox business this thursday morning, we'll have live special coverage of hurricane milton that's hosted by our team at fox weather. all starts at 4:00 a.m. on thursday morning. coming up, the courts have told them to stop but biden and harris keep pushing for even more constitutional student loan
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that typically for people working many government jobs or nonprofits and a way to get their student loan debt phorbin the details this time around are unclear so par to date the biden harris administration canceled $170 billion many student loan debt for almost 5 million people. but a number of those programs are getting held up many federal courts as you noted after several republican-led states move to block them. she's doubling down on student loan ketanji cancellation.
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we just immediate to give people relief but we have to do more. reporter: committee for responsible federal budget said con saling student loan debt is inflationary and could lead to higher prices all overmen. david. dixie i did, county that organization give a -- grady, didn't that organization give a total number of plans if the biden harris organization went through and over like $1 trillion? >> it is. somewhere between $870 billion and $1.4 trillion. this is what they say about it. that's more than all federal spending on higher education over the nation's entire history. david: that kind of money is supposed to be requisitioned by the congress and not by the executive power and it's
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unconstitutional according to the supreme court. grady, thank you very much. senator ron johnson, what is it about the supremacy of the supreme court these folks don't understand? >> when you're democrat president, you just ignore it. this is a lawless administration and it's a lawless administration trying to buy votes but listen, i'm highly sympathetic with individuals enticed to incurring and collecting $1.7 trillion in student loan debt and that explode when had the obama administration basically had a federal government takeover of student loans to pay for obama care.
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david: obama took it out of hands of the private bankers and said they were going to make money and tahin been losing money hand over foot and that's why the costs are so high. over $1 trillion is the possible overall cost. but that's why that specifically why the supreme court said it is illegal and would never pass through congress. congress is supposed to requisition that kind of money and they won't because it's not a popular thing to do. >> student debt is funneled into universities and driving up tuition costs. it exacerbates the problem. when government gets involved in the marketplace, it screws things up.
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incurring this level of debt ask so many areas of the economy and going for them getting involved and screwing things up and higher costs and less availability et cetera. $3 trillion more in spending with the economic program. roll tape and we'll get to senator's response. >> your economic plan would add $3 trillion to the federal deficit over the next decade. how are you going to pay for that? >> by plan, if you don't mind, my plan is about saying that when you invest in small
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businesses, you invest in middle class, and you strengthen america's economy. >> pardon me, madame vice president, the question is how are you going to pay for it? >> well, one thing i'm going to make sure that the richest among us who can afford it pay their fair share in taxes. david: she didn't answer but talking about wanting the government to invest more in small businesses but the government is a terrible institution to invest because everything becomes political. that's why bankers exist and why people, most small businesses are started by personal loans proudly supports members of the family et cetera. the government is going to invest all this money, all these $3 trillion? really?
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>> the top 1% makes the most income and pay 46% of income taxes and some point you have to say, it's their fair share and i have to bring up, david, in wisconsin, the wisconsin u.s. senate race has been declared a dead heat by reports and companies with exceptional candidate and entrepreneur and created and operates shelters through sex traffickers of children around the world and needs support. david: pull back a little more macro and going in the same place and put together a embrave of how much more that top 1% is paying since the trump tax code was picked in and the white part to the right is.
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it's a 17% increase in the richest 1% are actually paying and she thinks they're not paying their fair share and she can squeeze more out of them. >> deputies are a demagogue reigns leading and punish success and get less of it and raise less revenue and have the less vibrant economy and entrepreneurs and people don't want to have all their income basically constituted by the government and want to be incentivized to create more jobs and opportunities and by the way, hay use it like eric does and putting in the pown disagreements that build the shelters for sex trafficked children much entrepreneurs crypt in a far more efficient and effective matter and david:
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if they rip it up the same way as trump plan dealing with foreign policy and trump plan in dealing with the border, we could have 65% of taxpayers pack the supreme court and basically turn america into a one party nation and that's their goal. we need to defeat them. david: i'm getting a wrap and if kamala harris is becoming president and quantimeter both
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houses of congress and some way through executive order she could, the same way they're doing stuff with executive order on student loan to bring us back to the beginning, that could deal with tax policy that should go through congress but could she find some emergency way of spending to get her outside of that? >> again, they're brazen in the lawlessness. david: contested care about supreme court decisions and going ahead with it anywhere or trying to. senator ron johnson, thank you very that. coming up, more embarrassing moments for the kamala harris 60 minute interview on the border crisis and flip-flop and dha secretary chad wolf when kudlow continues. ♪
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david: i'm joined by chad wolf and acting dls secretary and corrector at america first policy institute. thanks for being here much i want to play a little clip from that 60 minutes interview and this one dealing with the border and ben the interviewer here really presses her on something and she doesn't answer. listen and we'll get your response. roll it. >> first three years of your admin vagues, as a matter of fact arrivals quadrupled from the last year of president trump. was it a mistake to loosen the imuation policies as much as you did? >> it's a long standing problem. solutions are at hand and from day one literally, we have been offering solutions. >> what i was asking was was it a mistake to allow that flood to happen in the first place? >> i think the policies that we have been proposing are about
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fixing a problem, not promoting a problem. >> but the miles per hours did quadruple. david: of course she doesn't answer and they did quadruple and he and she knew it and it's a lie without saying it's a lie. >> well, that's exactly right. look, they have perfected the art over the last three and a half to four years of not being truthful with the american public. had idea that she keeps saying that she offered solutions or proposed solutions. you're the vice president and obviously with what point offering solutions and hoping that someone else inprudences them. david: the very beginning of their administration to increase
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the hiation and they did it. what they say now they can be involved and they changed it already on their own. and that's what led to the quadrupling of migrants. >> the last eighth months are solutions and the election year and the means to fix a crisis and can't create it and congress didn't pass laws and going for 2021 and 2023 and administration changes policy and point to congress and bailing them out to fix it and then to shift responsibilities the crisis they have are the ability to stop it and going for a number of different authorities they're using and not to do it and couldn't answer the question
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david: earlier on fox news and border patrol counsel art dell cueto, vice president of the council. what he said about her plans to hire a lot more border patrol agents. roll that. >> the fix they've said is point the finger at congress and add more agents and the plan all along is adding more agents is putting them across the centers and they continue to put more individuals many. it's been chaotic and this administration. administration. david: they want to add more border patrol agents but change their purpose from actually securing the border and processing more for biden. that's what art art dell cueto s
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saying and is that the point? >> yeah, put more agents and throw more money and going to continue that and you'll see a song correction along the border and border bill she points to only giving more resources that are mott the right approach. catch and release and traffic across the border and going for affects of sunset and going for them and david: that turned out to be a disaster as well.
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pull back the last question on khs in general. coming under the correctorship of mayorkas and talking the border. secret service of course and it's under khs control and going for them with butler, pennsylvania. the assassination attempt and going for them and funds with that and funds to deal with the hurricane and going off the southern coast of florida. >> reform and the biggest issue
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here is the lack of leadership coming from the secretary lumisout the department and i think you can see that in fema and secret service and elsewhere and the priorities are misaligned and your priority is trying to figure out how to facile it more and more illegal aliens in the country and fema takes their eye off the ball and disaster relief and processing more and more grant programs for more. david: vice president harris cropping the ball on 60 minuter and view and i'm joined by liz peek, pox muse contributor and caroline the prompts or eases
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were changed and one in particular that's really getting a lot of play on the internet right mow and it's kamala harris being asked about israel and going to play two sounds bytes back-to-back and first is the origin mall and second is the same question for that. >> we're mott going to stop in terms of putting that pressure on israel and in the region including arab leaders. >> seems that prime minister met ya hue is not listening. >> the work that we have done has resulted in a number of in
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the region by israel that were very much prompted by or result of many things including our advocacy for what needs to happen. >> we're not bonn ma stop pursuing what is needed for this war to end. charles: unbelievable. liz, the first one she had her typical salad answer of mixed thoughts and didn't add up and second one they changed the sequence and same question at the same time and moved a little answer of what she said previously into ha spot. what do you make of this? >> this is why she's not been doing interviews because she's terrible at it. david: cbs. what do you think of what they've done here? >> this happened because people are screaming at cbs about the fact that bill whitaker conducted a fairly intense
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interview with kamala harris and had follow up questions. we've never seen her have to deal with the follow up question and going for the fashion. someone with a belief set or scare set and cops across and going for them and david: the 1950s and walter cronkite and his work as a prosecutor there, hay would have never done something like that in the old days. that's reboden and changing history. that's changing journalism. you contested do that. can they get away with this
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because it's now the talk of the internet. >> well, and thankfully elon musk is bringing sunlight to the fact this network has dishonestly doctored these clips to basically sanitize kamala harris' incoherence. charles: the expose m-a z e, maze, the one used by a lot of people including elon musk. >> that's what we needed to see. we needed to see the position between kamala harris unbuilt filtered and been man curred by a favorable met work and i agree with liz, bill whitaker could be on the chopping block because he gave us a real reckoning of kamala harris' record and policy flip pl plop plops we haven't sn many -- flip-flops we haven't seen in this election. it's all the interviews she's refused and thank you, cbs, for airing it. david: there were two sides but what hey done, that editing is somebody's bot
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to be called into account for that. the other issue kamala is trying to deal with and figure out who she is and her teammate and whether she's supportive of joe biden 100% or mott. they tried -- team kamala tried to distance herself and came out and said this earlier today. roll that. >> would you have done something differently than joe biden over the last pour years? >> there's not awning that cops to wind including a decision that has impact. david: what about the afghanistan withdraw and border and the economy? >> how co-you promise a new way forward if you're basically saying hey, we're mott going to change anything. i wouldn't have changed anything. of course biden already teed this up by coming out this week and saying she's been right by my side through every major decision. david: and the voters are -- the
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voters don't like those policies. i mean, put aside the characters of trump versus kamala. it's the policies that they're under water on. i want to talk about jd vance. tim walz has a lot of stuff bubbling to the circle about him and jd vance media came out and gave him a disastrous entry into the vice presidential race saying he was right wing ex-reamist and then came to debate. he did very well and he seemedded to be very cooperative with his opponent. they even aubreyed with each other and seemed to be a pretty decent guy but smart as a whip. what do you make of this? re-examination of jd vance as vp? >> just look at what the watchers of this debate said. 46% of those that watched it found that jd vance won and only 32% said the same of tim walz. slierly there's a consensus there and what he effectively did was dispel this caricature
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drummed up by this harris walz campaign as vance as weird, bizarre, chronically online and moral extremist that can't communicate with might be because he's awkward and weird. he was the most common sense candidate and piece i was reading was effectively framing vance as the heir apparent to maga because he's able to bridge the independence, the suburban women and maybe moms. i think a lot of moms like jd vance at the end of his debate. of course there's republicans too. charles: we have to wrap and, liz, i was going to talk about the hurricane and you played a great piece. >> thank you. it bent the o.k. of the election. david: thank you, both. violent anti-semitic protests taking place all around america and biden harris administration
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overwhelming cities in the u.s. and kamala harris and joe biden failing to defend israel and john morrow, former mypd inspector and fox contributor. this is the anniversary of the worst massacre of jews since the holocaust. a horrible, horrible day octobed supposedly memorial of that day and they're celebrating the terrorists that were responsible for this massacre and by the way, they were responsible for starting a war that's killed thousands of palestinians. >> yeah, the level of ignorance is mind boggling. is 7 october now going to be a national holiday for these people? will this happen annually now? they contested realize that most of these kids couldn't find gaza on the map of gaza much they know nothing alaska the map of middle east and haven't been to the area and stallennist term and useful idiots.
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david: the kids are accompanied often by older people that know the history of the middle east, that are either professors, are enamored with the terrorists, hamas or hezbollah or people from the middle east working with the terrorists. >> now, might be who -- nobody wants to see pal sin indian children suffer. no human being wants to see children die and hospitals being bombed, but what people don't realize is that there's a professional class of activists in the country, particularly in the blue cities getting funded by government and ngos and they're running all this stuff. they're the ones that weaponnize the kids that come through and cycle through the colleges every year and reason they happen on the universities. it's a career path. it can be fairly lucrative and as a result, never goes away and looks for lawsuits and lawsuits that came out yesterday and guaranteeing the cities settle invariably and funds more protests. david: these protesters, so
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called, bot varicose veins antsy at certain points and went after anti-hamas crowd that were waving their israeli flags and that's when the cops intervened. should they have intervened sooner? this is mai i'm talking about. >> i saw the video and can't tell you how close they were but i can tell you the message sent to the cops in this town it's dire and these cops do more protests and any agency. david: they rallied at columbia and stepped in and given the green light. they went in and gave them the green light. was that mayor adams? >> it was the mayor. david: he's got problems of his own and we'll wait and hear what happens with all that. paul morrow, wonderful to see
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you, sir. more kudlow after this. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management at harbor freight, we design and test our own tools... ... (♪) when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering "seven things every medicare supplement should have". it's your free, just for calling the number on your screen. and when you call, a knowledgeable, licensed agent-producer can answer
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david: well, thank you so much for watching the special edition of kudlow and elizabeth macdonald i heard you have such a fantastic show i wanted to give you a couple of extra seconds. liz: you're always so generous and kind, david asman. welcome to the "evening edit" i'm elizabeth macdonald. >> i put out a statement this morning i'm canceling my
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