think energy, i mean, that basically speaks to everything going on right now. we've got ai, we've got currency and we need energy in general and a company that leans into that and other side of the coin, fico is an interesting play and we have a consumer that's been primarily driven for a while now and consumer continues to consume and continue to borrow money to do that, we become more and more heightened for fico. liz: eddie, you hear the bells. there we go. folks, dow and s&p lost gains but we'll see you tomorrow. larry: hello, folks. welcome to kudlow. i'm larry kudlow and coming down the home stretch. donald trump has the big know, flipping mcdonalds fries and having all kinds of fun. meanwhile kamala harris can't find find out what a position is

on fracking and we have vivek ramaswamy waiting in the wings and first up, fox news peter doocy live in the white house. peter, what's your position on fracking? reporter: larry, it changes by the day. our head is spinning around here. harris campaign is trying to make the official line or they were that track is an area with no daylight between harris and biden not saying anything the administration hasn't said and she's not promoting expansion and wouldn't ban fracking and anyone could look up inflation reduction act required lease asks that's not something she promoted but she did promote new fracking leases. >> i will not ban fracking and have not as vice president of the united states and in fact, i was the tie breaking vote on

inflation reduction act that opened new leases for fracking. reporter: the oil and gas said kamala harris' october position she supports fracking and goes against her july exchange and going for them and find this confusing, you're not alone. the walk back on x and things like this and they don't ban fracking and does not support fracking and going for them to vote on the biggest pro climate law ever and opened new rack fracking leases and people know that's her position. people don't know that's her position and that is why this is a story. the vice president says that she's involved in certain issues like this and except saying she

saw things traveling as vp that made her change her mind. larry. larry: peter, her values haven't changed. remember that one? reporter: that's right, same. larry: peter doocy, white house. thank you very much. all right, folks, no matter what she says, kamala's energy agenda blowing inflation sky high. that's the subject of the riff. so does she or doesn't she? told kamala is against it and promote expansion of fracking or doesn't she? >> mysterious and confusing. she of course maintains while her values are the same, she's not for a fracking ban anymore. as paider reported and the campaign person is continuing to muddy the waters and kamala not going to promote the expansion of fossil fuels and some incon convenient facts and very early in the game, biden harris administration canceled xl pipeline.

then they close fracking and also in the national petroleum reserve in alaska. they also stop drilling in the oil and gas rich state of new mexico. it took a court decision to open up even minimal leasing in the gulf of mexico. and a decision that was energy economic and policy blunder. all production has gone up because of today's high prices and also from leasing permits made during the trump years. however, baker hues recount going since 2019 as the tax and regulatory war on fossil fuels has slowly but surelt smaller and more entrepreneurial producers. meanwhile, the big oil companies like exon and chevron had acted

more like investment managers. they're returning capitol to the shareholder instead of opening up new drilling. can't blame them and if kamala wins, war on fossil fuels will intensify. bit way, if yuppies oppose nuclear, almost doesn't matter whether technically you're for or against a fracking ban. base load power over the next 50-100 years should come from clean burning natural gas and nuclear but biden harris will block that. dominance independents are out the window and producing enemies in russia, iran and venezuela and they'll be the winners, electricity prices in particular and inflation in general will once again blow sky high here at

home. 25 is the riff. we have vivek ramaswamy and businessman and author of the truth first. i don't want to get hung up on it first but i'm confused on her position and i'm not only confused about fracking but clean burning fuels like lng, like liquid natural gas or nuclear or things they should be promoting and can never get a straight answer out of it. you're a very smart chap and you'll help us out. what is her position on this stuff? >> she doesn't really give a frack about it. that's what she's demonstrated and that's the hard truth. i say that not just jokingly, it actually gets to the heart of the matter. if we think this election is about policy for kamala harris, we're missing the point. her whole campaign is based on vibe.

so the more specificity they have on policies, the more they're executing their strategy the other way and it's to avoid that discussion all together and keep the focus on antics and her antics versus what they portray donald trump's to be and hopefully slide through a victory by the very end. it's not working out too well, but part of the ambiguity they don't want to be tethered to a specific position on taxation, on energy policy and the green new deal. on immigration policies and am d ambiguity is part of the strategy and why i said it the way i did. larry: i'm thinking i want to move onto other things and i'm thinking it doesn't matter technically whether she want as fracking ban or not. they've stopped pipeline and closing down the drilling in alaska and new mexico and wanted to close everything down in the gulf of mexico and took courts to open up one or two leases and that's all it was. to me, you'll take a look at policy and handwriting is on the wall. if anything, it'll be more intense against fossil fuels so

in effect, it is a fracking ban for heaven's sakes. >> yeah, absolutely. part of the counter argument from the other side, we're now increasing more production in an election year during the 12 months heading into it and part of the buildup and part of the last couple of years and depleting the strategic petroleum reserves and near lowest level and at the lowest level in decades and further depleting that as purposefully a short term measure and want to know why, larry, they can stop that after the election. then the business of reforming a permitting process for not only fracking and drilling but also for let's say refineries and whether there's been a big part of choke hold in the u.s. virgin islands and elsewhere and that you would have a permanent impact on unlocking american energy and don't want to do that and want the symptomatic band-aid appearance and saying they can win this election when in fact they don't want to dot actual thing. there's one encouraging thing in this, larry, i want to point

out. the fact they're now claiming the unopposed fracking and they're now claiming they're actually friendly to american fossil fuels shows that even they recognize this is where the american people are at. americans favor energy dominance whether you're on the left or right. we want low energy costs and energy security to be a foundation of national security and economic prosperity. the fact they're bending the knee shows they understand this is what most of us in the country are at. they take that as good news. larry: yeah, that's a great and important point. moving along and voting if you're a citizen, not voting if you're not a citizen. now this has become the oddest thing. alabama tried to claim the roles of noncitizens and justice department is bringing a lawsuit and we had senator tuberville on and virginia would like to clean the roles of noncitizens and justice department brought a lawsuit against them. and california doesn't care and the justice department did not do a darn thing. we've got proposition one in new

york that would permit noncitizens, illegal immigrants in effect and would allow them to vote and don't have to be a citizen in new york. i guess in ohio, your home state, there's a similar debate going on and this is the very nasty discussion and shouldn't be allowed it seems to me and is it too much to ask to be a citizen in order to vote in this country? or is that out the window now too? >> allow long lasting migration to leave out the victory in the ballot box and don't talk about it nor and one of the reasons democrats favored mass migration is they believe that's going to

help them and win elections or citizens born here or naturalized the legal way and casting their ballots. that's exactly why you see this resistance. and it's another symptom, larry, of the abandonment of the rule of law in the united states of america. we're a nation founded on the rule of law and it's the key of legal immigrants to the country and first act of entering this cannot break the law and that's what it means to be an american and people voting in the elections should be citizens of this country and not another and that's not controversial and the fact it is is that watching the debate. larry: new york state is pushing hard and it would remove st.ship as qualification for voting and it's extraordinary to me. how can democrats be the so

called democracy party and rail on against former president trump and republicans being against democracy when they're doing whatever they can to subvert democracy and citizenship has to be a basic voting right otherwise you're out the window. you can get back in the cue and become legal and mr. trump and welcomes legal immigrants and not illegal immigrants and really? how can they expect to get away. they're calling trump fascist and saying he's against democracy and doing this and that. look up subverting our entire constitutional section.

>> say what you believe in public and democratic party is the party of censorship and it's the party that is opposed to self-governance and removing candidates from the ballot and it's no surprise, larry, we get to a point that that's the party that wants illegals or citizens of the country to vote. that's not a surprise, it's part of growing pattern and it's why you see a growing number of democrats leaving the democratic party and many say the party left them and we have a opportunity to lead this election. i don't want to win by a little bit anymore. i want to win this one decisively like reagan did in 80 or 84. we have a opportunity to do that and if we do that between now and november a culminating on november 5 and wake up on

november 6 with a more united country than we've had at any time in the century and that's within 15 dais of us. larry: your friend elon musk talking about whales, sharks and federal overregulation. take a listen to this, please. >> they had to do a study to see if sasha would hit a shark. i'm like, it's a big ocean, you know. there's a lot of sharks. it's not impossible but i think it's very unlikely. we got the data and run the analysis so like yeah, the sharks will be fine. they said well, what about whales? i'm like, we had to do the whale analysis and it's like yeah, the whales will be fine too, you know. it goes on and on and they're like what if the rocket goes underwater and then explodes and

whales have hearing damage. is this real? larry: pretty good standup comedian but it's a big ocean. it might hit a shark. might hit a whale. might damage a whale's ears. the whale's ears. what do you think about that? that's pretty effective selling points. what do you make of it? >> this is not just one agency in the federal government. it's epa, sec and fda. the three letter agencies are serving as a strangle hold on this country and the worst part about it, we're talking about democracy a bit earlier, none of those bureaucrats were democratically elected and they couldn't be removed by the people that were democratly elected and that's our knock d -- democratically elected and that's what it was founded on in the first place.

that's what makes america great and america itself and i like that elon was able to approach this with a way with a light touch and sense of humor about it. it goes to the very reason why we fought an american revolution in 1776 in the first place. it's that we the people are supposed to make the rules at the ballot box and not unelected bureaucrats in the back holes of washington dc buildings without names in the front of them actually siding what rules we do or don't follow as americans and that's not the way we do things in this country.

that's how you clean house and shout down this administrative state once and for all. larry: this element of humor is a great way of cleaning house and i think from your campaign and elon musk's campaign and you're launching a real beachhead and going after regulation and overspending maybe in ways that hasn't ben traited the public -- penetrated in the public consciousness in the past and it may be right now and it could be a very big turning of the tide if mr. trump wins. vivek ramaswamy, thank you so much and we appreciate your wisdom. >> thank you. same to you, larry. larry: you bet. coming up next on kudlow, why is kamala harris telling christian voters they're at the wrong rally and we'll talk about that with the chair of the house

republican conference, elise stefanik when kudlow returns and remember, folks, you can catch kudlow monday through friday, 4:00 p.m. here on fabulous fox business. for some reason you can't get us at 4:00, please, text your favorite 9-year-old. she will show you how to dvr the show and you'll never miss a single shark or whale or deregulation either. i'm kudlow, we'll be right back. . see what i did there? hey, jackie! (♪) evan, my guy! you're helping them with savings, right? (♪) i wish i had someone like evan when i started. somebody just got their first debit card! ice cream on you? ooo, tacos! i got you. wait hold on, don't you owe me money? what?! your money is a part of your community, so your bank should be too. like, chase! your best defense against erosion

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>> kamala harris at a campaign stop heard shouting from the background, jesus is lord. jesus is lord. and kamala harris ridiculed and mocked them and told them "you're at the wrong rally". at trump rallies, we don't mock christians. we they will christians to get out and vote! larry: more powerful stuff. new york congresswoman and we welcome back elise stefanik,

chair of house republican conference. elise, great to see you. in this particular case, you know what, you could generalize by saying religion of any kind and flow through the al smith dinner and i have a beauty coming up about israel committing genocide and the democrats seem to be running against christians and against jews and against religion in general, elise stefanik. >> it is a disgrace, kamala harris revealed so much about herself and her vision for america these last few weeks. president trump was correct to welcome believers and christians and to support this america first movement and kamala harris must not understand our founding

principles and founded on judiah christian ethic of the united states of america and it is so off putting to voters and this of course comes after you mention this, larry, raising money for catholic charities for the home state of new york and must go to event typically and last candidate that didn't go was walter mondale and we remember how much he lost by and president trump absolutely knocked it out of the park with his spot on jokes and his tone and of course the clip you're referencing is when kamala harris agreed with the radical pro hamas talking points blaming israel for genocide. she said that individual was right. that individual is so wrong and the american people understand that individual is wrong and it was pro hamas, pro terrorist talking points and the united states and american people strongly support israel.

>> what helicopters talking about is real. that's not the subject i came to talk about today but it's real. i want to respect his voice. larry: that's staggering and genocide and israel is real and i respect his points. i don't know they made any attempt to change that or modify that or cover that up the way they do on things like fracking and other many subjects, but the point is it's an impossible ridiculous awful biased position. i mean, that's the best i can say. >> it's not just bias, larry, it's flat out wrong and musk and terrorists that are seeking to make genocide against israel, not the other way around and israel is fighting for the very existence and fighting for its

self-defense and ha pastrami and his block using civilians as civilian shields and the united states and our next president must stand strong with israel and bring moral leadership and moral clarity to the issues. president trump brings that moral leadership and brings that moral clarity what's telling is the comments are off the cuff and she reveals so much about her actual positions and no matter how much her campaign is having to correct these disgraceful statements and she's saying these things unscripted off the cuff. revealing who she really is and how radical she really is and out of touch with the mass majority of american people's position whether it's that we respect christians in this country. i am a proud catholic in this country, and i am so proud that president trump has so many believers that are supporting his campaign.

we're an administration that stands strong with israel and we need to fire the administration that turned their back on them. larry: a lot of people say missing the al smith dinner was a turning point in the campaign and a lot of people say missing the al smith dinner in new york is giving trump the momentum in the campaign and showing up in the polls. let's talk politics here and you know, if you couple that with this phenomenal thing he did in pennsylvania, showing up at mcdonalds and dishing out some fries and whatever, with a smile on his face, i mean, it looks like we're going to talk about this in the next political power and i got you here. it just seems like all the sudden this thing is breaking wide open. what do you make of it? jot mainstream media propped up kamala harris and the more people are hearing directly from her, the less support she has and i agree with you, larry, the al smith dinners was a important inflection point and here's why. unlike the mainstream media's

attack, it's vintage president trump at his best and it's most of the talent actually and a great sense of humor and a great understanding of culturally where we are as a country and vast majority of people and america first policies that ones they agree with and the fact that kamala harris is so out of touch, they think skipping a catholic charities dinner will appeal to majority of voters and they thought that was going to be a good political decision. how radicalized and far left is today's democratic party and take the mcdonalds visit, this is a home run for president trump. this is why he appeals to hard working men and women across the country. he knocked it out of the park. i think it was a brilliant strategy and we'll continue working on behalf of the trump campaign earning the vote in the ski states but across the country and politically, larry, the house congressional races, which i'm paying a lot of attention to since i'm a house

member in leadership and where joe biden was in 2020 with every single house race in the country. that bodes very well to not only win the presidency but gain seats in the house and nipple senate. larry: coming up here, did donald trump just deep fry kamala's campaign? that's coming up next. kudlow is available as a podcast and available every weekday after the show on spotify, apple and foxbusinesspodcast.com and french fry them up on a podcast. we'll be right back.

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larry: nobody can prove that kamala worked at mcdonalds. we have my friend and ceo of america first policy institute and hall of fame radio host and joe concha fox news contributor and progressively worse and the daddy dunkies and brookie, i'm going to welcome you. nobody likes to eat mcdonalds as much as our former boss. you know that. >> that's true. larry: mark simon and others and put the question to elise stefanik, very smart woman. al smith dinner -- not going to

the 58 smith dinner and then him being at mcdonalds, these could be major turning points. >> haste reigns leading will judge and we've seen in the polls in 16, down 7 or 8 against clinton and not according to the polls and 7 or 8 against biden and he's up in every swing state by a little bit and we see every day that trend continue and i think we'll look back and we'll sea the al smith dinner and her not attending and he was charming and hysterical and donald trump we knew in the oval office every single day for three years and then the mcdonalds, i mean, the forgotten men and women, the people that he represents, those americans driving through the drive dru

and him leaning out to give them the french fries and burger. that's the donald trump we love and that's what we want. larry: i like it and the more you see this thing, i like the -- the mcdonalds manager was giving him instructions how to do the fries and he was reigns leading acting very well to the instructions. that's not necessarily typical. he got it right though. he got it right. you think all this is a turning point, mark simon. >> yeah, donald trump is a championship golfer and wins championships and come alive on 17th and 18th home and mcdonalds and people forget he owns 100 restaurants. and every one of those with 4578 burgers and french fries and this guy is purchasing millions in kitchen equipment and going to the kitchen to talk to everybody and see everything and he's comfortable there and he is

that's the homeowner that clears the base. larry: you're dead right on that. joe, the barbershop stuff is interesting and it's like a one, two, three hit and al smith, mcdonalds and the barbershops and he's hit two or three barbershops and goes in there and he's a billionaire but he's from queens and they get it. they're from the bronx or wherever they get it and in center city, philadelphia. this stuff, first of all, it's brilliant campaigning and have you notice that had? she looks like she's had the flu in the worst way possible and she's not getting any good meds. >> in this barbershop. it wasn't in texas or alabama. it was in the bronx. could you picture ever kamala harris going into a red state in a place where she may not be normally accepted and it's never going to happen and you can tell

who's winning in a campaign and who's having a good time on the campaign trail and that changed the trajectory and kamala harris media blitz and first to screw up and not explaining how she was going to be different from biden is the fox media interview was watched more than any other campaign. larry: fox news and bret baier is a great interviewer. she bombed. >> she d. i'll say too the next inflection point is this sunday night here in new york city at madison square garden, where i heard today from a legitimate source, that they already have enough requests to fill madison square gardens six times over. six times over. over. larry: are you getting us all

tickets to get in there? >> i may know some people. it's going to be incredit card and will that's his venue and his people. people from all over the country flying in but the vast majority are coming from brunei and sick and tired of what this country is facing under a kamala regime. >> opposing that with what we're seeing today or not seeing and guess how many campaign events kamala harris has with 14 days till the e eleventh larry: it's zero. how is that possible? >> two service connected views tomorrow with nbc news and telemundo and she's prepping. at this point, three and a half years into your vice presidency and campaigning for three months, you need a full day to prep for nbc? larry: 60 minutes still won't release the raw transcript and they won't release it and it's hot. i'm reading about it in the new york post and that story is later.

they'll not do it with the guilty and that interview went 46 minutes and went 21 minutes and imagine that 25 minutes they're hiding looks like. >> that's great. >> bothering her tapes all over again. larry: we're going to play more tape and this is for you, brooke. this is campaign themed stuff. roll it, please. >> we had the greatest economy four years ago and we're going to do it again. biden coming in and we had a unified country and it was am amazing.

larry: what do you make of this? >> well, you know well that the trump economy and what u.s. head of national economic council and the teamworked for was lifting all americans that all americans would have a shot at american promise and that's what president trump did in his first term. so the rest of us did great. that's wonderful and really those at the margins of society are the ones who advance the most under a trump economy and i believe that's what he's talking about in that clip and that success brings everyone together and that's what we'll see under a new trump presidency. larry: one person is not going to be brought together and i think this is incredibly stupid by the kamala people and that's campaigning with liz cheney. liz attacked trump and lost congressional seat by 70 odd percentage points after woning by the same amount before. now she's losing and she's a big hawk. i hate to say it, her father is a friend of mine and formally a

mentor. what went wrong there is regarded as war, people, war hawks. it's not what the people of michigan want to hear. it's not what the muslims want to hear. who is liz cheney? who cares. one slice of the republican party does liz cheney represent exactly? >> i disagree, landslide liz will turn this around. two seconds ago, they want to arrest all the cheyneys and halliburton and guantanamo. now they're heros. larry: she's turning liz cheney around and this is as dumb as the mcdonalds thing is smart on the trump part. it's almost some mirror image and who is liz cheney and who cares about liz cheney and left wing republicans are there anyway? >> well, larry, thinking of winner and i think lo lombardi lombardi, ali, serena williams, liz cheney. she brings joy to the campaign. who's next?

is kamala harry resident going to bring -- harris going to bring charlie crist out? larry: got to stop. that's so good. brooke raw linns, marx simon, joe concha. charlie crist and liz cheney. who's next and coming up here on kudlow, why is kamala harris want death taxes? maybe death is the next one. talking about it with steve moore and great famous congresswoman claudia tenney next up on kudlow. thanks. ♪ when you're a small business owner, your to-do list can be...a lot. ♪

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larry: so why does kamala harris want death to be taxable? or even more taxable? joining us now, famous new york congresswoman claudia tenney and steve moore, host of more money on the radio and impactful oosaying she wants to cut back on the exception and from about 13.5 million to 4 million and could go as high as 60% or higher. claudia, people think of the

inheritance tax and death tax is only for rich people f. you own your own business or farm or venue in up state, new york, there's a few venues and here's one for you. if you own your own and the way they've structured it, there's no cash and about wealth and assets and you're going to get clobbered and death becomes a horrible taxable event, claudia, tenny? >> it's one of the worst things you can do and my district is driven by small businesses and this would be devastating and look at new york state having its own fiscal cliff. if you reach the threshold amount in new york, you pay cash to new york state tax commission just like to the irs. that could bankrupt a business and you could actually force the sale of assets saying in our case, the printing press or all of the builds and force a farm getting rid of assets whether it be tractors or things invested just to come up with the cash to pay the irs and close a legacy

business. might be a farm that's been around for 100 years or our business that's been around for 80 years. this is the stupidest thing it could do and devastating to employees and really it hurts the little guy more than anything. larry: that's the thing, steve moore, all the kamala harris and joe biden taxes and will make the rich pay their fair share. you guys calculated in the unleash prosperity thing, you can tax 100% all the richest people in america and you wouldn't pay for the debt. the point here is to claudia's point, this is not a rich person tax. this could be a small person's business tax and it improved and looked at some businesses and could be a mcdonalds franchise and got to put up 1.5 or $2 million to start a mcdonalds in the first place. why are they doing this and what's the point? what's the return on it, steve? i don't think they get much.

>> it's the most immoral tax we've had and i agree with claudia. it's economically a disaster but it's immoral. i think about going today and it was a small business and going and you happen working 6o70 hours a week to build up that business and gone a lot by the way and worked to the mid 70s and built it up to an estate and got 6, # million and why do that for the states and in the tax bill that passed under donald trump, we reduced the number of people who had to pay the debt tax by half. did you know that, larry. think of this also if you would.

incomes tax and property tax and going for that and going for 50% of them and going to uncle sam and i'm sorry, there's a tax and i think we'll keep that tax and only affects the simple one. larry: it's a double tax and certain rate and deductions for that and double tax on your business and double tax on investment and you getti to say it's a double tax on growth and

having trouble growing three, four, five percent, claudia. jowski you'd just to sense of aloha's point and going for these and going for business and going for them to have employees and our business, we have people we get 50 year pins out and started this business with 1946 and going to talk about mcdonalds and all the liberal heads are hair's on fire and talking about mcdonalds and going by president trump. larry: appreciate it, folks. be right back with my last word.

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