tony fratto. i appreciate it.next on "kudlow," the dollar is on a tear, but will friday's jobs report put a kibosh on king dollar? we're going to find out from former fed governor randy krausener. still ahead, i still have some more questions about jpmorgan's $2 billion debt gone bad. we'll ask those questions and think about too big to fail. "the kudlow report" will be right back. right back. recently, students from 31 countries took part in a science test. the top academic performers surprised some people. so did the country that came in 17th place. let's raise the bar and elevate our academic standards. let's do what's best for our students-by investing in our teachers. let's solve this. the day starts with arthritis pain... a load of new listings... and two pills. after a morning of walk-ups, it's back to more pain, back to more pills. the evening showings bring more pain and more pills. sealing the deal... when, hang on... her doctor recommended aleve. it can relieve pain all day with fewer pills than tylenol

here now are two cnbc contributors, tony fratto, former white house deputy press secretary, and bob lutzest car guys in the planet. i'll begin with you, bob. listen. the camaro is hot. the volt is starting to come back a little bit. we're seeing car sales maybe top 15 million nationally this year. what the heck is wrong with gm's stock? >> you know, i can't explain it. i think investors are overly focused on the fact that gm is losing money in europe, like everybody else. and of course all of the equities are down. but the fact is that general motors is in spectacular shape. sales are great. expanding once again the world's largest car producer, and highly profitable. so if you look at the fundamentals, the fundamentals are fantastic. otherwise warren buffett wouldn't have just bought $10 million worth of shares. >> but tony, something is dragging the stock down. i mean, we still got a cost structure that is a concern. we've still got europe that is a concern. >> no question pensions and europe, and, you know, a lot of other costs. we had a company that came out with a relatively clean b

. >> i'm also joined by tony fratto, former white house press secretary for george w.managing partner. good morning to both of you. >> good to be with you. >> they put it this way. the deepening crisis is impossible to ignore but too complex for them to articulate an easy solution. is that a fair assessment, do you think. >> well, look. i think the challenge in the region and really the problem with syria is that we have a direct challenge with russia and china, and, you know, we've had the united states push for action in the u.n. it was blocked by chi in and russia months ago. >> tony, is it overly simplistic when mitt romney says the president needs to put more pressure on russia? >> i don't think it's sim pal to give that guidance to the president that more pressure needs to go on russia. it's a very complicated situation, pressure on russia and china and other actors in the region. you know, the real challenge for, thing, actually both the president and mitt romney as a challenger as explained to the american people why this is critical and important to american v