senator jim bunning, i have to leave it there. thank you for your outspoken views as always. >> thank you. >>> coming up on the kudlow report, raymond james financial comes in after tbove estimates "closing bell" today. and will he share his story and world views, stocks versus bonds? what's next for that distinguished firm. >>> later, the battle over obama-care, former secretary robert rice versus "20/20"'s john stossel. i say the thing is a disaster for america. we will let these two highly distinguished and learned gentlemen debate. jim bunning basically says bernanke is out and larry summers is in. what do you think of that outspoken senator from kentucky, grassroots. me, i want to keep capitalism the best i can. (announcer) take your time to find the right time with cialis for daily use... a clinically proven, low-dose tablet for erectile dysfunction you take every day so you can be ready anytime the moment is right. tell your doctor about your medical condition and all medications and ask if you're healthy enough for sexual

." >>> plus, senator jim bunning, that great phillies pitcher, but also a detroit tigers pitcher, he was certainly in the hall of fame. he threw no-hitters in both leagues. he's not going to run for another term. we'll have more on that in "the politics fix." >>> what are sarah palin's post" asked republicans on capitol hill whether they personally believe barack obama is an american. >> what do you believe personally? >> i'd like to see the documents. >> so you're kind of afraid of the lunatic fringe base. what do you personally believe though? do you think there's a question here? >> i think there are questions. we'll have to see. >> i think there are questions. i just don't know what the republicans hope to gain from peddling this nonsense. more on this so-called birther movement later in "hardball." >>> plus, senator jim bunning, that great phillies pitcher, but also a detroit tigers pitcher, he was certainly in the hall of fame. he threw no-hitters in both leagues. he's not going to run for another term. we'll have more on that in "the politics fix." >>> what are sarah palin's c

." >>> plus, senator jim bunning, that great phillies pitcher, but also a detroit tigers pitcher, he was certainly in the hall of fame. he threw no-hitters in both leagues. he's not going to run for another term. we'll have more on that in "the politics fix." >>> what are sarah palin's post" asked republicans on capitol hill whether they personally believe barack obama is an american. >> what do you believe personally? >> i'd like to see the documents. >> so you're kind of afraid of the lunatic fringe base. what do you personally believe though? do you think there's a question here? >> i think there are questions. we'll have to see. she talked about hollywood starlets, those anti-second amendment people, and she said we hear in alaska, we eat, therefore, we hunt. this was a defensive speech in many way. she also said she plans to protect the interests of the state like a grizzly guards her cubs. but she didn't say what or how she plans to do that, chris, and that's really still the big question mark, and that's how this woman operates. through mystery. we don't know what's next of he

kentucky senator jim bunning says he has a problem with sonia sotomayor's 2001 speech and her wise latina judge comment. he also says sonia sotomayor shows a "hostility toward gun rights. " the senate will vote before it recesses in august. despite bunning's opposition, sonia sotomayor is expected to be easily confirmed. >>> a short time ago, president obama was back before reporters talking about the urgent need for health care reform. he says now is not the time to slow down or lose heart in the push to revamp the system. >> if we don't achieve health care reform, we cannot control the costs of medicare and medicaid and we cannot control our long-term debt and our long- term deficits. that's not in dispute. so we're going to have to get this done. >> reporter: the president wants to sign a bill in to law this year that would slow the rate of health care spending and expand health care coverage 0 the millions of people without it. >>> well, could be a rather interesting evening tonight. weather wise. tony is on the terrace with the forecast first. >> we had a severe thunderstorm watch in

senator jim bunning of kentuy said he won't seek a third term in 2010. 77-year-old baseball hall of famer was considered the single most vulnerable republican in the senate. >>> when we continue on "nightly news" for a monday night, sending a message about the most dangerous thing they say you can do behind the wheel. every sunday, lasagna at mom's was a family tradition. when she started forgetting things, i was hoping it was nothing. grandma! what a nice surprise! mom, it's sunday. that's when i knew i couldn't wait. mom's doctor said these were signs of alzheimer's, a type of dementia, and that prescription aricept could help. he said it's the only treatment proven effective... for all stages of alzheimer's. studies showed aricept slows the progression... of alzheimer's symptoms. it improves cognition... and slows the decline of overall function. aricept is well tolerated but not for everyone. people at risk for stomach ulcers... or who take certain other medicines... should tell their doctors... because serious stomach problems... such as bleeding ma

senator jim bunning has a beef with behnke, you won't want to miss the interview and tommy james talkstocks and earnings just out today. robert rice versus abc 20/20 anchor john stossel on disastrous obama care and his phony claim he rescued the economy. you won't want to miss this. the president is said to make a primetime push for obama care. you can hear it on our network, socialism versus free market capitalism. fasten your seatbelt, "the kudlow report" begins right now. good evening, everybody. i'm larry kudlow. welcome back to "the kudlow report" where we believe free market capitalism is still the best path to prosperity. recovery canaries and economic coal mines with a hat tip to blogger douglas mcintyre. am, cat, starbucks and mert all beat the economy plus the bank story makes five. 90% of the work force and rising business may be doing some spending and taking some risks. i love this story, thanks again to mr. mcintyre. ben bernanke may be too pessimistic. maybe it's time for bernanke to begin his liquidity exit strategy before year-end,ha

bret: republican senator jim bunning of kentucky says he will not seek re-election, blaming the move on an inability to raise sufficient campaign funds. republican leaders have discouraged him from running again and bunning has openly feuded with mitch mcconnell. you have probably heard the saying that read something -- that read something fundamental and probably told at one time not to sign something you haven't read, good advice, so you would expect your nation's leaders to read the laws they sign that will govern the entire country, right? if so, james rosen reports, you haven't read the fine print. >> behold the behemoth, h.r.3200 entitled america's affordable health choices act of 2009, one version of the democratic healthcare reform package presently weighing in at more than 1,000 pages. nothing in the constitution requires lawmakers to read these beasts before voting on them but a conservative advocacy group, let freedom ring" wants all members of the house and senate to sign a pledge not to vote for any legislation they have not personally read in full or which has not been

what do you make of this jim bunning? his statement today, over the past year some of the leaders of the republican party in the senate have done everything in their power to drive my fund raising. the simple fact is i have not raised the funds necessary to run an effective campaign for the u.s. senate. for this reason i will not be a candidate for re-election in 2010. i've never seen a candidate come out directly against the party leadership and blame them for his failure to be re-elected. your thoughts? >> his statement is dead on. he's right they tried to push him out. he's right they didn't raise the money. we haven't seen these sharp elbows played in the gentlemen's club that is the senate in a long, long time. mcconnell did not want him to run, didn't think he could win. that calculation might have been right but they definitely pushed bunning out. >> i'm with bunning on this one. michael, i'll never forget his heroics for the phillies. what a great pitcher. hall of famer. what happened here? >> well, mcconnell spen

we've all talked about, listened to jim bunning, last week we talk about the 1994 fact, the hope of legislationthat was 14 years before the fed under your leadership stepped up and responded to that situation with a series of regulations, dealing with the residential mort galk mark mortgage market. there seems to be a pattern of the failure that leads us appear to be concerned about whether or not there is just a momentary response to a crisis in front of us, to step up rather than the kind of consistent behavior that we would depend upon for the federal reserve to act when it comes to consumer issues that have been hammered by the problems in the residential mortgage market as well as in some of these consumer products if give me a reason why you think this is something i should be less concerned about given this pattern of behavior. >> i understand your concern entirely. it's not literally true the federal reserve was inactive. we did step takes and took the hope authority to broaden the scope of high cost loans, for example, but we were not quick enough or aggressive enough to address consum

but john brandel when he died this is jim bunning radius to try to better improve communications in thearea. what are we doing in terms of communications in the area by. >> one important part of our program especially in the south is education by radio. the newest shift analysis is now is civic education and giving prospective voters event for elections over the next year from eight to nine months so voter education and civic education are critical components and obviously a lot of people in the south don't have access to schools and so we have devised a radio instruction programs. >> is that the substance of it? in terms of communications, that is it and and we're doing is trying to educate folks in regards to preparation? to make general education grants and programs. >> what are we doing to prepare the racism coming, what are we doing to prepare to have you with is that is usually a time when we have famine, what is the team doing about that? >> we do have a position of stocks and every season is coming up however we've had to experience a lot of for five years and how to operate in

we've all talked about listening to jim bunning, we talked about the 1994 act. the hope of legislation. that we went 14 years before the fed, under your leadership, stepped up and responded to that situation with a series of regulations. there seems to be pattern of behavior over the years that would lead us up here to@@@@@@#n the consumer issues that have been hammered by the problems in the residential mortgage market and consumer products. give me a reason why you think this is something i should be less concerned about given this type of behavior. i>> i understand your concern. if we invoke authority to broaden the scope of high-cost loans, but we were not quick and aggressive enough to address consumer issues earlier in this decade. i agree with that. we have demonstrated the past few years we have the capacity, ability, expertise, range of abilities, and in complement with other activities to be effective when we are working in that direction. my recommendation to you to consider would be to ask whether there are steps that could be taken to strengthen the

. >>> republican senator jim bunning says he will not seek re-election for another term. he issued a statement just a short time ago. in it, bunning says he's been unable to raise enough money to run an effective campaign. for the latest political news anytime, check out cnnpolitics.com. back to jack for "the cafferty file." jack? >>> the question this hour. has sarah palin, who quit in the middle of her first term as governor of alaska and was whining about her treatment in the news media yesterday, has she been treated unfairly by the press? mack in michigan. she responds to the simplest of questions with the most rambling and incoherent thoughts and sentences that make absolutely no sense. it was her choice to step into the media spotlight, and the media has every right to do its job. cameron writes -- eric writes -- it's clear to me her value orientation is that of a good republican but her intellect and knowledge base are not up to the task. the media is more than aware of this and reflects it in its coverage. janet writes -- >> robin writes -- she gets away with bei

. >> thank you very much and i will point out that as a jim bunning points out on countless occasions we gave sec the authority in '94 to deal with consumer protection and give them 14 years to promulgate a single regulation so i appreciate the concern about consumer protection. senator reid. >> thank you mr. chairman, thank you chairman schapiro and chairman bair and governor tarullo. i will start with chairman bair, a general question for everyone. as i understand the proposal by the lighthouse, the ot as would be eliminated so effectively all financial and regulation would be lodged in the federal reserve. that there would impact be at least the elimination of the withholding act and those would be financial holding companies under the federal reserve. so direct regulation after this legislation by the fed would be comprised most if not all the systemic institution say perhaps insurance companies that might be outside to deal with that and very large now so large ones but operating in very recklessly. so with that framework what does the council, how does the council relate to that

. >> thank you very much and i will point out that as a jim bunning points out on countless occasionse sec the authority in '94 to deal with consumer protection and give them 14 years to promulgate a single regulation so i appreciate the concern about consumer protection. senator reid. >> thank you mr. chairman, thank you chairman schapiro and chairman bair and governor tarullo. i will start with chairman bair, a general question for everyone. as i understand the proposal by the lighthouse, the ot as would be eliminated so effectively all financial and regulation would be lodged in the federal reserve. that there would impact be at least the elimination of the withholding act and those would be financial holding companies under the federal reserve. so direct regulation after this legislation by the fed would be comprised most if not all the systemic institution say perhaps insurance companies that might be outside to deal with that and very large now so large ones but operating in very recklessly. so with that framework what does the council, how does the council relate to that to reg