tv Kudlow FOX Business October 25, 2024 4:00pm-5:00pm EDT
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>> i think that tesla is absolutely a buy right now. in fact, for sure we know the answer. it was a buy in the hundreds. now we're in the 2 hundreds, and now we're looking at autonomous taxis, looking at landing space ships standing up that's incredible and now robots that might even be 20-$40,000? and they could be your personal assistant? this could become the most incredible stock that no one saw coming. we thought it was just cars. here he shows up 22% in one-day. liz: well i'll tell you what nobody saw coming. they didn't see the mcdonald's negative story, which is what is hurting the dow right now. down 253 points. david, thank you very much. >> [closing bell ringing] liz: the s&p it's just starting to flat line, slightly lower. we'll see what happens, nasdaq again, we'll see you monday. larry: hello folks welcome to kudlow i'm larry kudlow. so the new york post gave
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president trump a massive boost today with a stellar across-the-board endorsement and the frightened liberals are running for the hills everywhere. they've got pete hegseth, monica crowley on set. more in just a moment later on steve forbes and senator marsha blackburn waiting in the wings, but first up our chief honcho, edward lawrence live at the white house with all of the latest. edward? running for the hills. reporter: yeah, and before we get into this , there was a rare bicameral statement from house speaker mike johnson and senate minority leader mitch mcconnell both republican leaders say they are disappointed in vice president kamala harris, calling former president trump a fascist. that statement says this. says, "the vice president's words more closely resemble those of president trump's second be assassin than own earlier appeal calling on the vice president to take the threats on former president trump seriously and stop escalating the threat environment and help insure president trump has
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the necessary resources to be protected from those threats. vice president today again saying she condemns any political violence then again called former president trump a threat to democracy. former president trump addressed this earlier. listen. >> she did call me a fascist and ever knows that's not true. they call me everything, until, you know, something sticks. so far it hasn't and they are running out of time. reporter: so, today, in austin, texas, the former president stood with families of victims of migrant violent crime. highlighting the border policy under kamala harris. >> but today, kamala is here in texas to rub shoulders with woke celebrities, isn't that exciting? >> booooo. >> but she's not going to meet with any of the victims of migrant crime, while she's here. we have many of them right here. the families, we have many of them, and they are incredible people. reporter: so, a possible chief of staff pick for the former president says that the harris
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campaign has become desperate. >> kamala harris has spent $1 billion and nobody can tell me the three things she would do if she was elected president. she can't answer that question. you've got the swing states that are key for whoever will win the presidents, where are they going today? she's done nothing to bring people home. reporter: hillary clinton now saying the rally for president trump coming up in madison square garden looks like a recreation of a nazi event from 1939 however hillary clinton held an event at that same venue in 2019 and democrats have also held rallies at the same location since 1930. former president trump will be later on today in michigan where he has another campaign event. back to you. larry: madison square garden is going to be a big event. hillary will have to eat her words once again, so it goes. thank you edward lawrence we appreciate it very much. folks, donald trump winning on policy and now, popularity. that's the subject of the rif.
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donald trump's re-election momentum continues to rise. today, the popular new york post, which is the fourth largest daily circulation newspaper in the country, wrote a across-the-board endorsement for mr. trump. i should just note that we at fox business share common ownership with the post. now please go and read the new york post endorsement for yourself, but the key points were a secure border, sensible immigration system, safer cities and support for law and order, and thriving low tax and low regulation economy, for all, fueled by an energy policy that supports not penalizes the industry and common sense policies that restore the power of parents to choose what is best for their own kids and school, gender surgery, and trans athletes playing in female sports. that is respected on the world stage, feared by our enemies,
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trusted by our allies, the new york post hit kamala harris hard as an under qualified political lightweight trying to hide the full scale of her radical plans and remains very much a san francisco progressive. all right elsewhere though, it gets even more fun. on the newspaper editorial front, today, the left wing washington post editorial board decided not to endorse this year. not. even though they endorse joe biden four years ago, and equally liberal los angeles times also decided not to endorse after also having endorsed joe biden four years ago, and from vice presidential candidate tim walz's home state, the minnesota star tribune snubbed their sitting governor by not endorsing the democratic ticket. yup, you guessed it. four years ago. they were for joe biden. you know it's kind of like
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liberals on wall street or the left wing goldman sachs economics department who all once favored biden and kamala. now, seeing handwriting on the wall they are running for the hills, in their bentleys and motorbikes. even their city bikes running for the hills. kind of like all those democratic senate candidates who are ignoring the hitler card and praising trump in their own ads. something very interesting is going on out there, folks. finally last night, we talked about how trump's favorability ratings have improved to the highest point in his nine-year political career. tip to the "wall street journal's" james free man for touting mr. trump's popularity today. in case you missed the numbers the gallup poll shows trump is viewed favorably by 50% of us adults unfavorably by 48. when he won in 2016 he favorables were only 36. he's come a long way and in the latest journal poll,
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mr. trump's popularity edge was 52-48. whereas kamala's popularity is under water with an unfavorable of, wait for it, 53. only a favorable of 45. as i've said 100 times, polls aren't votes but when you look at the swing in the polls, toward mr. trump in popularity and policy, you know, some things in the air and when you see those liberals running for the hills just as fast as their little bodies can take them, there's definitely political change in the air, and that's the riverside county. let's get down to our big crowd here, raymond arojo, pete hegseth, monica crowley former assistant treasury secretary, host of the monica crowley podcast, all right this is just too much fun. i want to go to pete hegseth first. you're a literary man, okay? well-written. your an author, best-selling
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author. all these lefty editorials are running for the hills. just think about it. the washington post, the l.a. times, the minneapolis whatever, star tribune, that's walz -- what happened to them? they were all for biden. they all hate trump. now they are not seen. pete: they are political cowards and going, i mean, they have seen what we've all seen. for the minneapolis star tribune which i grew up my dad called it the red star. larry: [laughter] pete: it's where i'm from. they are so in the tank, complete progressive leftists, they love all of the lunatic climate gender stuff that governor walz did. for them to step back and not endorse their home state governor as a vice presidential nominee with kamala harris, a life long san francisco progressive when minnesota basically copies california, tells you everything you need to know about the trajectory of the race. i don't want to get ahead of myself.
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everybody still needs to vote like you said, larry, but i am recklessly optimistic for donald trump meaning i think even in the optimism there's the enthusiasm for people to still go out and vote early for him, because the fundamentals are good on the issues. she's staggeringly bad and republicans have embraced as much as i don't like it, early voting and absentee voting, and they are winning in that regard. larry: monica crowley, it is interesting. these favorability ratings are by far the best mr. trump has ever had. i mean, going back, i think it was the gallup poll or the journal, but whatever. he was at 36% favorable when he won in 2016. he is now at 52% favorable, whereas she has spent twice as much money, at exaggerated numbers, six, seven, $800 million and she's sunk. now we know trump is great on policy but now he's a popular guy. why is that? >> it really is incredible.
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i've been with the trump campaign on the campaign trail all across great state of pennsylvania, all week, and i can tell you the energy and enthusiasm for president trump, jd vance and this campaign is off the charts. to your point about the popularity. every president when they leave office becomes more popular because they are no longer making tough decisions. i think there is some of that, but for the first time in a very long time, the american people have back to back administrations to compare. on the economy, on the border, on law and order, on world peace, and so the differences are incredibly stark. they are fresh in the memory, and the american people see that and they are responding. larry: i know you are a policy wonk, and you and i love trump's policies, but raymond? i have slightly different take than monica. you know what? trump is cool. in this campaign, trump is cool and it's cool to be for trump. i'll tell you why, just a few
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basic anecdotes that we all talked about. he shows up at the al smith dinner and he was hilarious. he was hilarious. one after another. second. he's going to all these barber shops, and $25 hair cut barber shops. white barber shops, black barber shops, hispanic barber shops. i never seen so many barber shops in my life and for a guy with almost no hair never even occurred to me and that's what he's doing but the third thing is he's putting extra salt on the fries at mcdonald's. that's why i'm saying you know what? it's cool to be for trump because he's cool on the campaign trail and she, kamala, doesn't have a clue how to handle this . >> there's a common thread that runs through everything you just mentioned. all these visits, whether it's the al smith dinner with the new york or serving fries, donald trump is always donald trump. he doesn't transform or bend or adopt weird accents or
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personas. he is exactly who he is, and you know? there's a can dor and almost a sweetness that you find in him when he relates and connects directly with the american people. i've seen it myself. he will take time with a child or spend time taking pictures or stop the motorcade because he sees a family. those moments, you know, campaigns, monica knows this better than i do. campaigns are made from a mosaic of moments. images and sounds that you grab that the voter holds on to and they take it into the ballot box. when you think back on the last couple of years of donald trump running again, those images come flickering back and they are powerful and potent. and connecting with the american people. liz: what you're describing there is an authenticity to trump that there is not to kamala harris. look, i don't personally never met the woman, don't know a thing about her except i watched her politically and she's completely inept. >> [laughter] larry: she is. just look at what she's done. trump is authentic.
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>> absolutely and he is, to your point, he goes to people where they are. he meets them where they are, so he goes to the bodega. he goes to mcdonald's and meet them where they are and in every single situation, donald trump is the same person. he's the same person whether he's talking to the construction guys, or the french fries operator at mcdonald's. whereas kamala harris every audience gets a different accent. that kind of lack of authenticity and phoniness is being roundly rejected. larry: people see right through it. pete hegseth, the other thing we see right through is the hitler card as the "wall street journal" editorial called it today or the fascist card. we're all waiting for the democrats to launch the hitler card that's what they do. they do it time and time again but what is even more fun is that i'm going to exaggerate. half the democrats run for the senate have trump in their ads positively. they are ignoring hitler. they are ignoring fascism. now, that strikes me.
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it's like the newspaper editorial run for the hills. no one is listening to kamala harris. they aren't paying any mind to it. they are just trying to protect themselves. >> sure, where is the joy, larry? it's a campaign about joy. she's running on what joe is running on which is pure fear mongering because it must be that's what the their internal polling or focus groups tell them is the only thing that works against trump given the policy discrepancies and the personality. everything we're talking about here is the most significant political movement in modern history in what donald trump has built versus the most inept candidate in modern presidential history who was, you know, the 1% from the 1% and chosen 1% as her vp and lowest common denominator and she can not complete a thought. she's spent $1 billion and we don't know what she stands for and do you know anything about her foreign policy? one thing? larry: never talks about it. pete: you have been a senator and vice president and you can't speak about it. larry: raymond i'll tell you
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somebody running away from her and that is people of faith, catholics, christians, evangelicals, religious people. we covered this some length, we had newt gingrich on, we had jim nicholson on, i myself am as you know a catholic person of faith over 30 years ago. this is a big story and she says at this rally you're at the wrong rally to the person, and jesus is the lord. i mean, that's one of these, now it's not so hidden, but this is another factor. she has completely ignored them just like hillary and she's going to pay for it? >> you bet. well look, the catholic vote, 21% of the american population, according to the latest polls. they always, always determine an election, because the catholic vote is not monolithic. it's a wide birth of people and they aren't all rosary counting people jamming the parishes. some of them have fallen away catholics so it gives you a nice
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wide demographic but those group of catholics tend to be family people. they tend to be worried about their neighbor and it's a sacrificial people in some way, despite their religious or policy differences. when you look at the swing states, the national catholic reporter did a poll and i don't know why it's not getting more attention. donald trump is up 16 points with catholics in wisconsin. he's up 12 points with catholics in michigan. i'm telling you right now. if those swing states break toward donald trump it will be because of the catholic vote. i talk to him on the edges of the al smith dinner and he talked about willing to entertain and in realtime, i said would you grant a religious exemption to your ivf mandate? something very important to catholics because we believe killing of the embryo is part of that process, and it's the death of a human being. he said, you know, that's a great idea. we have to look at that. if there's a religious option we have to consider it. i'm going to look at that.
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kamala harris was asked a similar question about abortion. she said out of hand no she would not consider it. larry: well of course. >> that sensitivity to people of faith and their concerns and they win him in these swing states and the whole election. larry: you know monica, what's so interesting as pete said, kamala has not had any alternative vision, at all. i mean, it's word salad, i'm from the middle class. i mean, cnn, the town hall was another disaster for her, as was the bret baier interview, but you know, i think that the generic issue here, correct me if you think i'm wrong, the generic issue across-the-board, voters in america do not want a second biden-harris term. >> that's correct. larry: they just don't and furthermore, they worry it be even more liberal progressive than the first term, but they don't like, they just don't want it, and she hasn't given any reason why it be any different. >> well that's right. biden-harris has been a historic catastrophe in every way,
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economically, the border, trump administration new hot wars around the world, the collapse of our cities and their lived experience is this and yet they've been lied to over the course of four years, by biden-harris and the media telling them everything is fine. they have had it with the policies that have destroyed their lives and decimated their communities. they have had it with being lied to, and they are ready for a change and when kamala harris is asked repeatedly what would you change? would you do anything different? she's like, golly i can't think of a thing. the american people see that and say we can't do it. larry: they absolutely won't do it. pete am i wrong? trump is cool. he's the cool guy. >> he is cool. pete: are we back to that again, larry? larry: i want to close on this. its never really been cool to be for trump. you have to kind of explain well, i don't want -- >> or apologize for it. larry: he's the cool guy.
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it just blows me away. pete: he's been shot, he's been attempted assassinated twice, a mugshot and 34 counts as a felon. everybody has counted him out and he came back and but you have seen fights in college football games and mcdonald's and he feels natural in every single one of them. there's something bad ass. larry: that's right. >> they love a comeback for you. this is the ultimate come back. larry: it's the greatest political comeback in america. the greatest in american history. all right, on that note it is cool to be for trump. thank you ever so much, pete hegseth, monica crowley, fox & friends weekends and his co-host will cain, rachel campos-duffy, weekends starting at 6:00 a.m. eastern, on fox. pete: i better go to bed now. larry: why are joe biden and kamala harris canceling virtually every student loan now? everyone. and if you had any problems with
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your credit card and you have student loan they will cancel it. hint, hint, it could be an election year ploy. senator marsha blackburn will be here to weigh in. i think against it because it's real bad policy. planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial. starting a business is never easy, but starting it eight months pregnant, that's a different story. with the chase ink card, we got up and running in no time. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card from chase for business.
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go again, can't help themselves joining us know talk about it tennessee senator marsha blackburn. senator, welcome, ma'am, as always. you you know, look, we know the supreme court said low cancellation is unconstitutional. we know the bidens will cancel as many loans, but there's a new one. just because you're here, this just broke the new one. if you have any hardship at all, if you might default your loans in two years, however one will judge that, whatever it is, mortgage, credit card, student loans, they give it away and cancel it. at this with no constitutional supreme court authority and as you know it just happens to be a couple days before election. i'm sure that's not a coincidence. what do you think? >> i think you're exactly right. they are back to buying votes, and in the middle of the early vote, they are doing this , and saying they are going to do it even without congressional
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consent, without the supreme court. the supreme court has told them no. they have no authority, and we have not appropriated the money, so they cannot do it, but you know, think of it like this. the coastal elites get their loans forgiven. you have illegal immigrants that get healthcare, flights, phones, shelter, and clothing, and the taxpayers are getting the bill to the tune of billions of dollars every year for this. larry: so i just think that we looked at some of these numbers. they are just estimates. probably this new tranche would cover 20%. they are talking about 8 million people. and believe me, you know the education department people, there isn't a single body in that department that knows about an income statement or a balance sheet or a credit so they are just going to give it all away and it comes to a lot more than 8 million people.
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i think it's a scandal. somebody should scream about it, and i know here you are on the show and i thought okay this is one of your favorite topics. now, i have topic two, we'll go back to immigration. here is mr. trump and our reporter bill melugin talking about kamala harris on immigration. take a listen, please. >> she said during that town hall she believes they have handled the border correctly. cnn pressed her on it. would you have done anything different, do you regret anything and she said i think we did the right thing. >> wait a minute she's handling correctly? >> correct. >> she said that? >> she said that. she said "i think we did the right thing." >> we let 21 million people in and we allowed 13, 999 murders, mental institutions from all over the world. if she said that, look, she's a grossly incompetent person and if she said that, they had the worst border in history. larry: can you imagine? so she did say that. even mr. trump was surprised. bill melugin was reporting it correctly.
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now, it just seems like kamala harris is making no excuses. there's no cover-up. she's for an open border. altogether. >> that's right. yes. that is their policy. it's an open border policy. they're good with that. 10.8 million illegal aliens on their watch, 2 million known gotaways. we don't have a number on the unknowns, of course and you've got the nearly 400 terrorists, 99 of which are somewhere in this country. we do not know where. you've got thousands of gang members. you've got thousands of convicted criminals that have been turned loose in this country, tens of thousands of chinese nationals, and on top of this , you have the drug smugglers who are bringing in fentanyl by the pound, and it is killing americans and kamala harris has no plan at all.
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she can not tell you what she would do to secure the border, even though the border patrol, who by the way, she has not really had many conversations with them. they will tell you, they need three things. they need a better barrier, which is a wall, they need better technology, they need more officers and agents in order to properly secure that southern border. larry: so new news, somewhat new news, you may know about this though. nearly 1 million, just short of 1 million illegals have never had any adjudication with respect to the asylum policies of testing, which are really not testing, but they never had any adjudication whatsoever. no paperwork, so nearly 1 million of them are here. they just let them go. i mean, some people are calling it a quiet amnesty. what do you think about a quiet
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amnesty and no adjudication? >> yeah, well, and look at this. you've got these people that have come in on flights that have come in on parole. you have people that have gone to the cbp 1 app and larry, what they've done is to just let them in, and let them go. on top of this , you have the tens of thousands of children that they have lost track of that were in hhs custody, that they cannot find. they do not know if they are dead or alive or if their sponsors are abusing them or where these children are. the point of the whole thing is this. the biden-harris border policy has been an open border. they are good with that. they have prioritized that, by giving them benefits, by making it easy, and making certain that they placed this , an open
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border, at the top of their to do list and do we think kamala harris would ever secure that border? absolutely not. she has no plan. larry: that's a key point. at the end of the day, what you just said, i think, is kind of what mr. trump was saying, he was so surprised. at this point, they are making no bones about it, senator. we're for open borders. we're not going to do a darn thing. she's even stopped talking about the goofy amnesty citizenship bill, back in 2021 they put in, that couldn't even get democratic support. i mean, no bones about it and just the last point, senator. i see people writing about this. they are saying that this is not only an open border. it's a trafficking policy. a trafficking policy of all kinds. >> absolutely. larry: for kids, for girls, for sex, for drugs. that's what this whole thing is. it's about trafficking across
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an unguarded border. last word, senator blackburn. >> yes, indeed. the human trafficking, the sex trafficking, it is a $150 billion a year industry for the cartels. they're making so much money on it, and they are ruining the lives of women and girls and children all across this country and all across this globe. as i said, we have tens of thousands of these immigrant children, unaccompanied alien children, who cannot be located and they were placed in hhs security and they put them with sponsors and no one can tell you where these children are. larry: yup and they are making no bones about it and that's the worst part, but change is coming. senator marsha blackburn, thank you, ma'am, for your wisdom as always. be well. coming up here on kudlow, okay,
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larry: so the nobel idiots at it again, dead wrong, the nobel prize for economics, let's talk steve forbes, chairman editor in chief forbes media, jason trennert, and dave rubin host of the rubin report, everybody, welcome. steve forbes, nobel idiots. i mean it's the same crowd. what's the story, he went to venezuela to congratulate them. why does it always happen and throw in by the way the imf, the international monetary fund and they want to raise taxes saying trump will blow up the inflation rate because heaven forbid ordinary people might keep more of their own money instead of giving it to
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the government. what do you think of that? >> says something about the economics profession that after decades of experience they are still pedaling this stuff. it's really malpractice. you know, 200 years ago they dealt with sick patients by bleeding them and of course got rid of the pain and suffering because it got rid of the patient and that's what the imf does. devalue the currency, creates more inflation, raise taxes, that drives out and crushes the middle class, drives away capital, destroys capital and they keep doing it again and again. they just don't learn from experience because they all meet together and reinforce each other, give each other prizes, and so the ship goes on. one of the thins that's going to happen and we'll get to this , after the election, is that we have to take a real hard look at the federal reserve and the models of the federal reserve. they are wrong, they are destructive and if we don't curb them in get them on the right path, we're going to have problems. larry: it sounds esoteric, but it's not, dave rubin, welcome to the show because the federal reserve botching the money supply and interest rates, and i'm not going to ask you
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for the intricacies but mortgage rates. 6.5-7% were less than 3% when donald trump was president, and home prices, and in fact, ordinary working folks, middle class, lower income people, never have lower prices. they always have higher prices. why is that? and isn't that a political issue that's, you know, we were just saying at the opening show it's cool to be for trump because trump is cool but people don't want more biden-harris. they don't want more of it because it means high prices. >> i appreciate you framing the question that way. i'll leave the hard core economics to the guys. larry: i gave you the cliff notes. >> what i can tell you is what you address right there which is what i hear from my audience everyday is there are basic things as it relates to the economy that people know and people know about when they see a pound of beef going up, and they see eggs going up and mortgage rates going up and i can tell you living in florida
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right now which is absolutely booming of course post-covid and desantis and the way the state is just so strong on every front, that even in florida now, we're seeing housing market slow down because people can't borrow money any more so i think for the average person, that is sort of apolitical or generally not that into the economy, or what's going on, in current events they are realizing something is wrong. everybody buys groceries. everybody has to pay rent or pay a mortgage and i think that's what we're seeing. larry: credit cards. mortgage rates. car loans. insurance rates. our insurance rates sky high in florida? >> they are but we do have an unbelievable amount in the last couple years of really bad hurricanes. it's part of the process. larry: nothing ever goes down is the thing. now jason, you're writing today, fed pump priming, okay? creating too much money. it was enormously regressive and along with deficit spending, has
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helped the wealthy at the expense of the poor and the middle class. in other words, you want to look into trump who is working folks coalition, right? broken the democratic majority of hispanics and blacks and middle income working folks. young people, just busted the coalition. this is one reason. they are seeing a lot of folks. i'm not against wealth. i like people to be rich too. you do too. you do too. i don't know about you. >> i do, yes. larry: but the point is, not the rest of them have benefited. and that's a political killer. >> well it goes back to what steve was saying. this is a qe for 13 years is largely pump priming for 13 years is largely an idea of negative interest rate is hatched by the academic community is saying well the average person should take more risk but the average person doesn't want to take more risk. they just want interest on their savings, and so what happens if
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you're a wealthy person who has a venture capital portfolio or a private equity portfolio, you do great. if you're an average guy that just has a savings account you get zero for 12 years. larry: you get clobbered by inflation. last night, we had a guy on that looked at 401 can. everybody has got something in a 401k, or ira. may only be a couple thousand, but they have it. inflation ripped it to pieces and that's their nest egg and one of the things, one of the reasons they don't want more biden-harris. that's all i'm saying. people don't have to be phd's to understand, you're killing me. >> i do want to be clear. i want everyone to be rich and wealthy. absolutely. larry: but not at the expense -- >> but that's what most of these people don't understand and it's partly because our education system is so horrible that the basic economics you have to go through on a fairly literal show to explain to people why you want low taxes and why you want the government
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out of the way. most people actually don't understand these things. larry: they like, steve forbes. gold is now approaching 2,800. >> yes. larry: what is going on there, because i have a feeling, all these things are tied up and the rush to gold can't be a fabulous thing. >> no, it's a warning to the federal reserve or should be that knew something about inflation is the value of the dollar is under assault again so they still think you have inflation by depressing the economy, and so they are going to be reluctant to what in their minds ease up, and there are two ways to reduce prices, getting to your point. one is by depressing the economy, like we saw in the 1930s where people couldn't buy anything, so prices came down in fire sale so to speak or you have productivity and raising pay, and so real things go down. look at the hand-helds we have. they were once a supercomputer the size of this room. that's what productivity can do and that's the kind of
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environment you want. not the kind of stuff they are doing at the federal reserve. so there's a signal the federal reserve, they aren't doing the job right but they aren't looking at the right signals. larry: i would say, david rubin, politically, i watched gold sore and i say that it's a vote of complete confidence against biden and harris. okay? that's just that simple. and you know what you're seeing it in silver, as well. and you see all of the ags on tv, the gold and hard money ads on the radio. >> i read them on my podcasts. larry: they are helping me on my radio show, but the reality is, it's coming up to $2,800. that's a big number. i say that it's a vote of no confidence in biden-harris. >> i think people are realizing you can't endlessly print money. you don't have to be a masters in economics to understand that. you keep printing money basic supply and demand and then money will be worth less and people go
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to the store and realize they are paying more for everything and see those mortgage rates again and suddenly not in the house and stuck renting, and it just cascades through everything, so even though i think unfortunately, the american populous is not that literate when it comes to most of these issues, you start getting literate when you're getting less stuff. when you're out on the street. larry: jason trennert, let's go for it. talking about the nobel idiots. the imf out today. they don't want trump to win. they want to raise taxes, not cut them. they want government spending is okay. once again, government spending is okay, but if you keep more of your own money with the tax cuts, inflationary. this is the imf, the world's great economic research institution. what do you make of that? >> well it's all of a piece here. the people in the academic community, they don't want regular people to have power. because they are usually the ones who are chosen to make decisions for everyone else so there's a natural and as steve
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says, they give each other awards. they have these fancy con-fabs in places like all of the rest of it but the fact of the matter is, someone's income is not a dispensation from government. it's their own income and that's what republicans believe is that free markets, people that are allowed to spend money in their own way, free to choose that leads to better capital allocation decision and leads to better productivity and stronger economic growth. these people fundamentally don't believe that, because it's not in their best interest to believe it. larry: it's like the reverse of these geniuses. i say government is bad and individuals are good. period. end of sentence. and this election is, it may not be articulated but in their minds, they have had so much progressive woke government, they are sick to death of it. i've got to get out. dave rubin, thank you, jason i hope we didn't scare you out, steve forbes, thanks very very much. coming up the democrats are up
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in flames because my pal dave mccormick running for the senate just got endorsed by the philadelphia firefighters. pennsylvania senate candidate dave mccormick coming right up. i'm kudlow. is it possible to be more capable? and more practical? be able to perform here. and here. make a statement while barely making a sound. and command the road, as well as what lies ahead. how we get there matters. get exceptional offers at your local audi dealer. when a tough cough finds you on the go, a syrup would be... silly!
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no, no, at least in philadelphia. migrate friend republican pennsylvania senate candidate dave mccormick endorsed by the philadelphia firefighters union. david, congratulations. they flipped to you. they have been endorsing bob casey all these years. give us a quick reason why. >> listen. this race is becoming clear. it's a choice between change in the status quo, between a political outsider, a west point graduate, a businessman, 7th generation and career politician, 30 years bob casey has been in elected office and people want change. he's been weak and he's voted 98% of the time, larry, with the liberal agenda of the biden-harris administration. so these firefighters, these early responders, the same happened with the fraternal order of police, 44,000 men and women in blue switched their endorsement from bob casey to me, because they want somebody whose going to fight for them, and going to want to protect their wages, because inflation
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is chipping away. the fentanyl crisis i talked to an early responder who is in kensington. i mean, the devastation from fentanyl has been terrible, and they want leadership. they want change, and that's we i've got their support. larry: you say i love the story running in the new york post. you say you wore a uniform of the different sort. you're a gulf war veteran but the firefighters wear uniforms and you want to make sure they get the resources necessary, but philadelphia as a sanctuary city isn't going to give them the resources and that's the dividing line. bob casey casey is for sanctuay and you want to help the uniform police and firefighters and other, you know, first responders. >> no doubt about it, larry. for your watchers or who want to learn more about me it's dave mccormick pa.com but they find i stand for working families
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across pennsylvania, stand for law and order and president trump for energy dominance and stand to secure our border get rid of these sanctuary cities, stop this fentanyl that killed 4,000 last year in pennsylvania. it's not a republican democrat thing. people just want common sense leadership. most of these guys are democrats. they just want somebody whose going to fight for them and lead. i think you'll see a lot of these union workers, the trades support president trump and me, because they want common sense policies and leadership. they want to grow the economy, they want lots of abundant energy. they want an economy that's going to work for working families. larry: and somebody that prosecutes the law in philadelphia especially, this guy, somebody who prosecutes the law for heavens sakes. i think people want that and you're right. they are democrats. middle class, blue collar working folks you've got it. dave mccormick congratulations. tremendous to get the firefighters endorsement. great stuff. folks mccormick for president i'll be back with my last word.
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larry: you take a look at trump's 50 plus favorable numbers, you know that trump is cool, and it's cool to to vote trump this cycle. and it's always cool to be with liz macdonald, who is very cool herself. elizabeth: well, this might be an overstatement -- [laughter] larry, thank you so much. larry: no! no, never. elizabeth: i try. you're the coolest. who would have thought
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