jimmy cramer weighs in. he says look at italy. momma mia. free market capitalism is still the best path to priority. leadership must be calm and stead forward, not inflammatory and not flamboyant. i'm larry kudlow. i do my best. we'll be right back after this. ♪ [ boy ] looks like our work is done here. i'm heading home. vaaa vrooom! need some help, ma'am? grrrrrrr! [ in high voice ] oh thank you. these things are heavy. zzzzzzzz! [ male announcer ] built for work. and everything you work for. hey, honey. i'm glad you're home. [ male announcer ] the chevy silverado. our most powerful hd yet. from fathers to sons, [ boy ] dad! [ male announcer ] chevy runs deep. >>> we look at the economy. it's kind of getting stronger all of the time. it's broad-based. companies are in great shape, middle market companies, consumers are in better shape. consumer debt ratio. >> all right, that was jp morgan chase ceo talking about the next few years in our economy on board the u.s.s. intrepid. very good. by the way, you can find out more about how you can hir

plus jimmy cramer says if obama care goes down, earnings for every company will go up. that's right. every company. whoa! does jimmy have that right? we'll hear from jimmy cramer right after the break. and don't forget, free market capitalism, not government mandates is the best path to prosperity. i'm larry kudlow. we'll be right back. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. i was worried it would be hard to install. but it's really easy. the better i drive, the more i save. i wish our company had something this cool. yeah. you're not... filming this, are you? aw! camera shy. snapshot from progressive. plug into the savings you deserve with snapshot from progressive. you know how hard if yit can be to breathedo, and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the on

we're going to do stock work again with jimmy cramer's bonus pick. >>> and listen, housing. believe it or not, we get news today it's getting better. prices a stabilizing. all of that after the break. @@ >>> all right. let's do some stock market work. the dow 46. the s&p down 3. the nasdaq up a point. now jimmy cramer is here to tell us some companies are doing gangbusters because they are acquiring other companies. good evening, jim. >> lawrence, there is nothing like a market that instantly rewards companies that acquire other companies. going crazy today. buying activists, a generic drugmaker that was off of everybody's radar screen. how about zynga? how much does everyone love draw something? you've never heard of it? you never heard of omg pop, which they just stole for $2 million. i am seeing this company for what it is worth, world domination of the hot games out there. williams companies reported when it brought kamen eastern midstream. put two and two together, give them the benefit of the doubt, and voila, wealth creation. how about ups?

i'm here with my old friend jim cramer. jimmy, thank you for visiting with us. the president gives an energy speech today. tonight we have your friend and mine harold hamm. what are you thinking on energy? what are you thinking on fracking and companies that do it? >> first of all, fracking is so important, we can't leave it to the politicians any longer. the reason is very clear. we have a chance at energy independence. nobody believes it because we've been fooled. presidents say we can do it from coal, from solar. no, we can do it because of technology. and harold hamm knows this. when i visited continental resource, we're going down to two miles and wide two miles. the president needs to spend time on rigs and needs to know fossil fuel is better to get from ourselves. >> you have people say we go have a couple hundred years worth of fossil fuel. that's an economic growth model. >> 15% of growth in the oil and gas industry. the president wants to kur trail the drilling. my friend aubrey mcclinton is saying the president doesn't want to do the right thing. the

>> caller: jimmy, i'm here with my boys and the wise guys in brooklyn i don't have jimmy cramer and we've thank you. you know, you are great to say that. you are great. here's a real hard day for me, and i am thrilled that you said that. how can i help? >> caller: we've got your back. brooklyn boo-yah. what are you thinking? we have a major position in perfect world, p-w-r-p. need some feedback. >> listen, i happen to love games. i play a lot with my kids. i play them all the time. i really understand the thesis, but you're on your own. i cannot enforce it. thank you for having my back, but i can't endorse it. al in my home state of pennsylvania. al. >> how you doing, jim? >> real good. how about you? >> caller: i just want to say thank you for getting me back to even. >> thank you. i'm glad i got you there. >> caller: i'm interested in tempurpedic. >> we liked it. it's pretty inflated here, but you know what? it's a winner. and especially it's also a big play on housing. and that, ladies and gentlemen, is the conclusion of "the lightning round"! >> "the lightning round" is sponsored by t

. >> jimmy cramer, you are so, so right. i enjoyed that rift very much. sfoks themselves closed mixed today. i think this is a healthy correction but don't write the market off for hear ensakes. i remain optimistic especially about falling off and natural gas prices. so is it time to invest in america and buy stocks? i'm still saying yes. we are joined at powerhouse panel next up. >>>ent to doer fet, free market capitali capitalism, including the energy sector. including fossil fuels and their prices. always the best bath to prosperity. "the kudlow report" coming up. this is an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three years we've put nearly 100 million dollars into american education. that's thousands of kids learning to love science. ♪ isn't that cool? and that's pretty cool. ♪ ortho weed b gon max. with a new continuous spray wand. so you

>> caller: boo-yah, jimmy cramer. >> you got me, all right, partner.got to tell you, i would only buy that in deep in the money calls. you've got a real speculative situation there. peter in maine? peter? >> caller: yes, boo-yah, jim. this is pete from maine. brazilian steel, vale. >> i wouldn't mind it, but i'm nervous about brazil. think about freeport, cheaper and it's got potential to have a higher yield. why? because they keep raising the dividend. i'm going to nick, also in my home state of new jersey. nick? >> caller: nick from wayne, new jersey, boo-yah. >> boo-yah to you, partner. >> caller: jim, sony has been trading relatively low, do you think it can pick itself up again? >> do you use a walkman or an ipod? come on, my friend. >> sell, sell, sell. >> don't buy. >> sorry to be so in your face. let's go to richard in illinois. let's go to richard in illinois. >> caller: boo-yah, cramer, my friend kevin is real jealous right now. my question is about the stock sohu, is it going to make a comeback or should i get out? >> we don't recommend chin

cramer. i'll see you monday! hey, larry, what are you looking at before the weekend? >> jimmy, as you know, i'm still an optimist on stocks and the economy. that's my big theme tonight. good evening. i'm larry kudlow. this is "the kudlow report." things may not be perfect, okay? but i am still an optimist on stocks and on the economy. and in a moment, i'm going to show you some key charts that will try to make my case. >>> and it's a friday night and a new movie is out. this is the obama so-called documentary, but it's more like a propaganda movie because unlike a documentary, it has no negative points. i may supply a few. that in just a moment. >>> first up, the big story, another stock market gain. this is the fifth straight week. the dow is up 311 points. the nasdaq closing over 3,000. the s&p over 1400. now, again, this story ain't perfect. it should be better. but you know what? let me try to make the case why the markets are pretty decent along with the economy. all right. let's go right to the board. retail sales first up. remember, folks, a week ago, we had a good jobs

. >> all right, jimmy cramer. thank you very much. now, steve liesman got up close and personal with fed chairman ben bernanke. it all happened while bernanke was lecturing at george washington university, and steve scored this exclusive interview. please take alisten. >> how are you? >> steve, how are you doing? >> can i ask you a couple of questions? >> sure. >> how does it feel to be back at school? >> awesome. i was a professor for 23 years. >> yeah. and i love talking to students and it's a great chance for me. >> drou prefer answering questions of journalists and senators -- do you prefer students to journalists and senators? >> sometimes, yeah, i think i might. >> tell us why a fed chairman would come and teach a course at a university as a way of communicating? >> well, to be honest, i started off doing this just for my own interest really because i haven't taught for a while. i really enjoy talking to college students. i frequently have college students at the fed, you know, just to engage with them, but it's -- it looks like

cramer. see you tomorrow. >> hey, larry, happy monday. what are you following today? >> all right, jimmy, a great stock machlett rally and obama care goes to the supremes. this is "the kudlow report." supreme court hears the most important case of our generation. obama care and its massive federal overreach and it's a private behavior and the economy, it could change the entire structure of the american system. in just a moment, an exclusive interview with texas attorney greg abbot who filed the suit at the center of all and then a tough senate debate. with health care stocks leading, the dow up 161, up 55 on the nas. the s&p up 19. was it obama care or was it bernanke hinting on easy money. also, this evening, rick santorum, fresh off a win in louisiana, he takes on the mainstream media. he said mitt romney, the worst republican to run against barack obama on the issue of health care. new york times asked if romney was the worst republican. take a listen. >> quit distorting our words. if i see it, it's bull [bleep]. come on, man. what are you doing? >> all right, tonight is the mainstre

cramer, i'll see you tomorrow! hey, larry, what do you have for us? >> jimmy, former fed governor, the highly influential governor is here with me tonight exclusively. good evening, i'm larry kudlow, this is the "kudlow report." sizzle story number one, in just a few minutes, i'll have an exclusive live interview with former federal reserve governor, he was a ben bernanke intimate in office, it's his first interview since leaving the fed. we'll talk about the outlook for the american economy and the american experiment. but first up, we're going to sizzle with mitt romney who sizzled in a comeback in michigan and also swept arizona. he snags victory from the jaws of defeat and i think he did it by touting his supply side tax and economic growth plan. we're going to get to our panel in a moment. but first up, robert costa of the national review with all of the latest h. good evening, bob costa. >> look, mitt romney got the momentum out of michigan, but it's a more complicated story. he split the delegates. 30 delegates in michigan, santorum walks away with 15,

cramer, see you tomorrow. >>> hey, larry, what's happening on tonight's show? >> the new political equation, jimmy. prices rise at the gas tank. but obama ratings tank. good evening, everyone, i'm larry kudlow. this is "the kudlow report." sizzle number one, gas prices sink obama's ratings on the economy. it's a new washington post poll. a gallon of gas goes up to $3.80. and epa gasoline regulations, whatever that energy policy is, his numbers are falling until he changes it. now, sizzle number two is the real inflation rate actually close to 8%? on the eve of the feds meeting tomorrow, we debate whether the rate is 8.1, believe it or not. and with 24 hours to go until two major primaries in the south, is mitt romney about to pull off a big upset? all right, but, first up, jus as fast as gas prices continue to rise, president obama's ratings continue to sink. cnbc correspondent joins us with all the details. good evening, john. >> reporter: good evening, larry. this washington post abc news poll has some findings. his overall job approval is down. his handling of the economy is down. this is caused

cramer, and i'll see you tomorrow. hey, sully, what are you working on? >> what else, jimmy? the president, he's trying to fast track half a pipeline. we're going to ask him whether rick santorum should quit and drop out. your top story, the president with full election pomp and circumstance asking to fast-track the oil pipeline. this pipeline just goes from cushing, oklahoma, to refineries on the gulf coast in port arthur, texas, it was going to be built in june with or without the president. that didn't stop him from taking a left jab at republicans. take a listen. >> members of congress who decided this might be a fun political issue. decided to try to intervene and make it impossible for us to make an informed decision. >> going after the right, but is the president himself playing politics? and should he be taking any credit? we will drill down with sandridge oil and gas ceo, tom ward. >>> pressure is mounting for rick santorum to call it quits. mitt romney pays courtesy calls to the tea partiers telling them that he and not rick santorum is the conservative candidate to

cramer, and i'll see you monday. hey, larry, how are you closing out the week? >> all right, jimmy. solid job creation is great. but 13 million still unemployed, that is bad. good evening, everyone. i'm larry kudlow. this is "the kudlow report." sizzle story number one tonight, the unemployment rate stubbornly stays at 8.3%. there were 227,000 new jobs created. that's a solid number. the problem is unemployment too high. you're going to need over 300,000 jobs a month to really cut down. how is that going to happen? and sizzle number two. guess what? i'm going to show you how to take at least half a buck, 50 cents, off the price of gasoline. how? knock down state taxes. knock down regulations. stay tuned for that. and is there a southern surprise for mitt romney? can he take alabama and mississippi on tuesday? whoa. first up tonight, story of the day. the jobs report. now once again, here's the good news. non-farm payrolls, they did rise 227,000. that's the third straight month above 200. job creation is picking up. that's good. but the bad news is the unemployment rate is stuck at 8.3% and if it were adjusted f

cramer and i'll see you tomorrow. hey larry, what do you have for us tonight? >> all right, jimmy, mitt romney and the markets bounce back. good evening, everyone. i'm larry kudlow. this is "the kudlow report" coming to you tonight from washington, d.c. this morning i moderated the business roundtable discussion on the ceo plan for jobs and economic growth. so sizzle story number one this evening. stocks come back thanks to a strong adp jobs report and a weird fed story that somehow they're going to buy more bonds without creating more money. it's all hooey. don't believe a word of it. we break it down in just a moment. sizzle story number two. once again, mitt romney snatched victory from the jaws of defeat with a come from behind razor-thin win in ohio. but he still has a slog of a couple of months. sheer one more sizzle. the new ipad unveiled today. it's hd. it's g4. and it ipaded stocks for everyone but apple. first tonight let's turn to our market panel. maybe we can get rid of all that music that is blasting in my ear. thank you very much. we're going to do some stock market

cramer call similar. >> lawrence and i often agree in the exhibition of the moment. i'm glad nothing has changed. >> you know what's good, jimmymeans people don't have to invest in risk free treasuries or gold. this is a very -- >> things are healthier post stress test than pre? >> things are relatively healthy. >> compared to 2009. >> they are. >> compared to the last stress test in 2009 where nobody believed anything, capital is plentiful, liquidity is plentiful. that's why you are seeing inflection in gold. why not invest in the stock market which is a pro growth trade? i think the stress test has a role in that calculation. >> it's a reason to remember when people talk about what will drive gold higher and inflation, not necessarily. it's the opposite. when the outlook darkens, people expect easing from banks and it pushes gold up. it's okay to pull back because the opportunity cost is greater. >> they can't find gold. 1% increase in the supply of gold despite the doubling of the price of gold, 1% increase only in the amount of supply found, gold is also, like oil, in places we can't get it out of in a lot of cases. the su

jimmy lee took the other side? >> took the other side and said he didn't think so. >> is there a time frame on this? >> i don't think there was a time frame. but ceo -- >> was talking to cramer. said the company now has an awful lot of capacity to buy back stock. he assumes most buy backs will come back from treasury's 70% stake in the company. and former mf global executives will head to capitol hill this week. house financial services committee holding a hearing. according to prepared testimony, the bankrupt firm's general counsel will tell lawmakers that she was not aware of the seriousness of a shortfall in customer accounts until the final hours of the firm. lori ferber will also say she resisted having an mf employee sign off on a document assuring jpmorgan that fund transfers were proper because the request was too brad. >> they didn't want to sign these documents. what's so amazing about this story is that jpmorgan calls up mf global and says this money you just gave us, you have to tell us where this money came from and you need to promise us that it wasn't customer money. when you get a phone call like that and then the lawyers say we can't actually sign something