i'm larry kudlow. this is "the kudlow report." top story tonight, it worked. that's what president obama told a fund raising crowd late last evening about his economic policies. oakland, california, where the unemployment rate is 13.7%. in a country where the unemployment rate is stuck at 8.2%. we are at the precipice of a recessionary economy. it worked, the president said. well, we're going to discuss that topic. >>> also this evening the dow takes the third consecutive triple digit dive. brian shactman, break it down for me. >> another late day comeback but in the end another hundred-point loss. at one point we were down 200. then word spread and the market -- if we look at the chart. skipped right over it. how about at&t. the weakest sector. light revenue. a lot of profiting was on lower subsidies which will change when the iphone 5 comes out. fewer people bought them. down 5%. the second miss since 2003. people waiting for the iphone 5 or waiting to assess this global slowdown. >> all right. thank you very much. >>> now tonight's special guest is jonathan

i'm larry kudlow.n this half hour, former citigroup chairman sandy weill shocks wall street by saying, break up the banks. i think he's right, however belatedly he may have said it. and the federal department of agriculture puts out a warning that food prices will soar. the reason -- the drought. by how much? we'll tell you. first up, mitt romney arrived in london today kicking off a sunscreen-day three-country tour over seas. romney harshly criticized obama's policies suggesting america is weaker as a result. listen to what the former massachusetts governor told me monday night here on "the kudlow report." >> i think from the very beginning we misread the setting in syria. the secretary of state said assad was a reformer. that's a phrase which will obviously go down in history as being poorly timed and entirely inaccurate. this is a person killing his own people and was at the time. america should have come out aggressively from the beginning and said assad must go. >> all right. joining us in a few m

here now is larry kudlow. >>> welcome back to "the kudlow report."t's your money, your vote and the 100 day countdown has gun. here now we have democratic strategist jimmy williams. cnbc contributor jennifer rubin and reporter michelle fields of the daily call. welcome to all of you. here's the part i don't get, jennifer. i don't understand politics so i got to ask you. the economic numbers come in horribly. they have been coming in horribly for months and all i hear from president obama, all i hear is we need to tax rich people, we need to tax assessors, tax successful small business people. that's all i hear from him besides trashing mitt romney. is this a campaign policy? >> i don't get it, larry. this isn't politics this is just plain common sense. you know he likes to analogyize his terms to bill clinton. this is not what bill clinton practiced. bill clinton cut the capital gains tax. he did not demonize business. he balanced the budget. he negotiated free trade agreements. now obama wants to say this is our plan the way he did at our fundraiser

i'm larry kudlow. this is "the kudlow report." our top story tonight, in florida president obama says romney is bad for seniors. attacking republican plans to repeal his health care. huh? it's the most unpopular program in history. more proof that president obama's attacks on capitalism, the attacks on bain, the attacks on business have not paid off. the key point here is that on handling the economy, more than half disapprove of mr. obama. in fact, the president lost 16 points since the last poll. cbs news, new york timesle poll gives the president a paltry 36% favorability rating. let me point out something about this business. ronald reagan praised entrepreneurship into recovery. why must barack obama trash entrepreneurs into recession. it is showing up in his polls and people do not like it. plus, the number two democrat in the house says food stamps and unemployment benefits are the best way to stimulate the economy. this is totally wrong. paying people not to work is totally wrong. we already have have the economy on federal

i'm larry kudlow. this is "the kudlow report." our top story tonight, the president in a desperate attempt to shift focus away from a dismal jobs report on friday and an anemic economy today urged congress to -- bush era tax cuts for those making $250,000 and below. it punishes s-corp.s, small business owners and if someone could explain how punishing successful earners sh businesses and investors help it is economy? call me, tweet me, write me. the market saw right through it. closing down for the third straight day. earnings season has begun. we'll warn you how growth forecasts from companies reporting earnings come from already slashed estimates. in other words the beat may not be a beat. and we'll say how democratic operatives admit to chasing down candidates, not just in public events but in their homes and posting it online. that's wrong. first up this evening let's get the latest on the tax cut extension president obama unveiled today. eamon javers has the details. good evening. >> good evening. it was a campaign style even

i'm larry kudlow. this is "the kudlow report." we are going to get to our top story on the colorado shooting in a moment. first, poor earnings and revenues here and debt problems in spain drag down the dow 121 points. it was, however, up for the week. cnbc's brian shactman, what can you tell us? >> for the first time earnings took a back seat to europe. the euro weakened. walmart, ge, chevron the only dow gainers. bank of america flirting with a six handle. despite the slide in the dow all three managed to hang onto slim gains for the week. back to you. >> all right. we'll have much more on markets shortly. also this evening president obama and mitt romney cancel all campaigning after the worst mass shooting in american history. 71 people shot, 12 killed at a midnight movie outside denver. forget the debate over guns. evil people unfortunately do tragically evil things. i believe it's not indicative of our great country. we are going to talk with former colorado governor bill owen and john timine who ran the police departments of

uh i'm larry kudlow. this is "the kudlow report." the top story my interview with tim geithner that made headlines all day. he acknowledged the economy is faltering but says it is because there is not enough government spending. respectfully, i disagree. the interview touched on the economy, and politics and the market. you will see it in a moment. also, are you surprised the market is doing as well as it is? housing starts surprised on the upside and the dow was up 103 points. the nasdaq up 33. the s&p, up 9. neil kashkari is here. finally, chris christie gets the keynote speech at the gop convention next month in tampa. he's off the veepstakes list, but as history shows, center stage at the conventions has led many to a future presidential bid. is there chris christie in 2020? we'll discuss. plus, do entrepreneurs depend on government for their success? president obama says yes. i say absolutely not. we begin with my interview with tim geithner. it was wide-ranging on everything from tax hikes to libor to the strengthening of the e

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for a recuperating, not vacationing larry kudlow. we are seconds away from "the kudlow report." who turned supreme court chief justice john roberts into a vampire -- sucking the red out of the red, white and blue? plus, bad manufacturing numbers equal bad signs for the global economy. the question is just how bad? plus it looks like the sanctions against iran are working. they're angry. oil prices are down but now iran is saying you wouldn't like them when they're angry. ooh! "the kudlow report" is moments away. >> i like to say there is always a bull market somewhere and i promise to try to find it just for you right here on "mad money." i'm jim cramer and i'll see you next time. >>> thank you, jimmy. good evening. i'm joe kernen here for a recuperating larry kudlow. he shouldn't have come back to work too soon. this is "the kudlow report" tonight. here for the entire hour dan senor, a romney foreign policy adviser. i'm a big fan. i have a whole chapter devoted to your book. >> i have to write another book that sources your book sourcing my book. >> i felt like putting your cha

i'm larry kudlow. this is "the kudlow report" coming to you tonight live from washington, d.c., where our top story tonight is breaking news. obamacare repealed in the house by a vote of 244-185. five democrats crossed party lines to vote the repeal. the house sent a message to the democratic senate and to president obama after the supreme court ruling that the mandate is a tax after all. voters want their elected representatives to go on the record. as part of our extensive coverage, house majority leader eric cantor joins us, as well as former white house chief of staff andy card who will weigh in. and more breaking news. in an interview recorded just moments ago with federal reserve alan greenspan, that's former fed chairman alan greenspan, he made the case that the country cannot afford obamacare, and that this massive new entitlement has had a chilling effect on business and hiring. take a listen. >> this extraordinary expansion in the deficit is crowding out private sector investment. >> also ton

that works. >>> welcome back to "the kudlow report." i'm larry kudlow.n this half hour a surge of speculation that former minnesota governor tim pawlenty could be the veep choice for governor romney. turns out we have one of pawlenty's top advisers. plus, a bunch of republican governors going back on their word. now they want to tax online sales to have more money to spend. i don't really like that one one bit. first up, if you have achieved a certain level of success in america you may think your accomplishments are the result of hard work, ingenuity business acumen but president obama would tell you that you are wrong. this is what he told virginia business owners on friday. please listen. >> if you have been successful, you didn't get their on your own. somebody helped to create this unbelievable american system that we have that allowed you to thrive. somebody invested in roads and bridges. if you have a business, you didn't build that. somebody else made it happen. >> well, is the president dumping on the american dream? sounds like it. we have dave

i'm larry kudlow. this is "the kudlow report." it took six months but president obama finally met with his cabinet today. normally a president meeting with his cabinet isn't normally big news. it's just a photo spread, small words. but the fact that the president had too much on his plate, quote/unquote, the white house's words, not mine, to meet with the cabinet for the past seven months while we are at the precipice of an economic crisis, that's news. by our count the president had 191 fund-raisers. he's able to make those. you know what? i'm going to give my growth proposals that should have been discussed in today's cabinet meeting. best-selling author of "the amateur, ed klein will be our first guest to comment on it. also this evening, the dow's draghi rally up 212 points. investors beware. easy money is a short-term fix. if we get a bernanke rally to follow, beware of that, too. brian shactman, over to you. >> the italian prime minister sending a strong signal that the european central bank will act possibly setting the sta

i'm larry kudlow. mitt romney blasts president obama on a massive tax increase and also calls him an outsourcer in chief, funding green energy companies that make their products in foreign companies. president obama keeps calling his new tax plan a middle plan tax cut. it is not a tax cut. it is a tax status quo for nearly 10 years. the only thing that's going on is a tax hike on successful earnings and small businesses. and you can bet this tax hike will be used for more federal spending. the dow takes another beating closing down 83 points. the king dollar is so strong it reaches a new high against the euro. the house will vote once again to repeal obamacare. comes as a new survey shows 83% of doctors are considering quitting over obamacare. but first, mitt romney dubs the president the outsourcer in chief. >> good evening. it was an eventful day out on the campaign trail today. the president for his part taking his campaign to extend the bush tack cut out on the campaign trail, going iowa, stopping

good evening, i'm larry kudlow. this is "the kudlow report." our top story tonight, my exclusive one on one interview with mitt romney. his first interview since the vile colorado shooting. two-thirds of americans tonight blame bad obama policy and wrong obama actions for the economic malaise we're in. that's from the hill.com. we'll talk with him about that. >>> another special guest this evening, former house majority leader dick armey joins us. tonight, the dow drops 101 points easing off an early cliff dive. cnbc's brian shactman, what happened? >> when the dow is down a hundred points you characterize it as ugly. when the low is 200 it doesn't feel disastrous. everything revolved around europe. when europe closed the selling pressure eased. the biggest down story was mcdonald's, disappointing earnings now down double digits for the year. larry, back to you. >> thank you very much, brian. we'll get more expert analysis coming up. >>> another exclusive tonight, the treasury inspector general who oversaw the whole t.a.r.p. bank bailout thing

i can't wait to watch kudlow's interview tonight. i think this is going to be a very important piece of television tonight. if kudlow is able to grill down on romney and get him to say more substantive things rather than all of the sort of panaceas we have been hearing, problem is -- more specifics. >> michael, you mean the fed is not going to solve fiscal cliff as much as chuck shum wore like th -- schumer would like them do. >> everybody on capitol hill wants somebody else to do the job. it is not going to happen that way. something has to give on capitol hill. i would love to think that somewhere in a lame duck session that could happen but i -- i don't know. rom rahm emanuel, for as clever as he was is haunting in what he said about never wasting a good crisis. i'm afraid we are going to have to reach another critical point before things get done. >> that's the critical moment that's coming up. the fiscal cliff. that's where i think at least important the coming year we do get through the fiscal cliff in a lame duck session becau

larry kudlow is the founder and ceo of kid low and company and the host of cnbc's "the kidler report." sammy bedows is the editor of "the economist." krista freeland is the editor of thompson reuters digital. and the president of reuters right research. a couple of the economists is about the resurgence of the american economy and all it talks about all this, you know, that the shale gas, return of manufacturing, all good stuff. but is it going to happen in time to help obama? >> no. no. our cover story is about the profound secular changes and improvement that are happening. the rebalancing of the u.s. economy which is real and is very important. but it's not a story about the next three months or even the next six months. and the cyclical recovery has weakened and is looking weak now. unemployment hovering above 8%. none of this looks good in the short term. we're not projecting morning in america in the next few months. we are saying that the cyclical outlook isn't great. it's a very slow deleveraging recovery. but a lot of that deleveraging is occurring and underneath it there are

economist economist,"" zachary karabell, chrystia freeland, and larry kudlow.he thing that b europe that surprises me, everybody says it's going to blow up. and somehow it doesn't. i mean, things are a mess, bond yields go up, it's harder for them to borrow, and there has v to be some emergency -- at the end of the day -- >> every one of those 19 summit that's been there to pull us back from the precipice has indeed pulled us back from the precipice. you're right. it's true that over time maybe you get a sense of, oh, well, it's another summit, another crisis, we're going going to see to the edge and pull it off. the situation has been getting kind of unremittingly worse. the european economy, as many of them, in free fall. the recession is deepening. the policy view is, in my view, mad. the sense of the lack of confidence in the future of the eurozone is deepening. there's a complete investor strike of people no longer willing to invest in italy, spain, or peripheral economies because they have no sense of whether the euro will hold together and how it will ho

i'm larry kudlow, back and rearing to go. this is "the kudlow report." our top story tonight, fire the staff. rupert murdoch, jack welch, the biggest names in business are saying that romney is not tough enough and he lacks the stomach to take on president obama. and by the way, why in the world did mitt romney flip-flop on the obama care tax hike? why did he do it? >>> also this evening, why have ceos lost confidence in the american economy? only 17% think positively on the my in the second quarter. that was 67% in the first. and worse yet, they don't see it getting any better. we have two powerhouse ceos who are my special guests to weigh in. tomorrow's jobs numbers are going to be critical. stocks lost 212 points last time. let's hope it doesn't happen again. >>> first up, president obama embarks on his swing state bus tour. our very own john harwood joins us with some of the details. what's he saying, john? >>. >> reporter: larry, you know the president got the health care ruling he wanted from the supreme court last week. his poll numbers have been

. >> coming up, olympia snow and larry kudlow will be here. "the washington post's" jew jeanne robinson. up next politico has exclusive new details on mitt romney's speech today. let get to bill karins with the forecast. >> a storm right over the top of rockford heading to chicago probably in the next half hour to 60ments. it's moving at 60 miles per hour. also strong thunderstorms around minneapolis this morning and a lot of beneficial rain there in southern minnesota. speaking of nantucket, thunderstorms heading through martha's vineyard now, severe storms and possibly rolling through nantucket shortly and the rest of kcape cod. warm and dry through much of new england. washington, d.c. chance of thunderstorms late today. and this morning in chicago, another strong line of thundershowers. and we continue with our amazing heat, kansas city yesterday at 105. today we'll cool you off down to 102. that's it. you're watching "morning joe." we're brewed by starbucks. ♪ take the long way home, take the long way home ♪ building pass, corporate card,

larry kudlow joining us right now.ling the issue of taxes, wild guess that taxes might have come up. did they? what else did you guys talk about? >> yeah, they did. a couple times. one is about the fiscal cliff where the bush tax cuts get extended or another and another about romney's own plan. i asked him specifics to fix the economy. many of his supporters want him to give specifics on growth and came up with tax cuts there, too. i think we have a clip of a runway for tax cuts. do we? >> my plan is one to get a bit of a runway for policies to get the economy going and so when i say extend the current tax setting, what i'm saying is don't raise taxes. keep the taxes in place that we have. and then i would like to reform our tax code by bringing the rates down across the board for everybody. also, limiting the deductions and exemptions so that highest income people continue to pay the share they're paying now. not looking for tax breaks for high income folks but more money kept in small business so it can hire more peo

you will see the full interview tonight on the kudlow report.t is an exclusive interview and one of the comments that mr. romney made to larry was the polling. saying he thinks the president made a mistake when he first came into office, misjudged the economy, thinking it would right itself and focus instead on health care and some of the other major programs of his first term. i'm just wondering, ron, your take on that, whether you think that would be -- make any -- have any impact on job creation in this country. you know what, before you do that, i'm told we have it. let's listen to that. i will get your reaction if we could. >> i think the president made an error coming into office and deciding that the economy would take care of itself. and he focused his energy on a series of liberal plans that he and his friends have been working on for years. all of these things. not coincidentally and had the -- impact of slowing job creation and making it less likely for entrepreneurs to either open their doors or to expand hiring. >> your reaction? an

kudlow's statements are ridiculous.mething deeper here when you claim no harm, no fall, and there was plenty of harm, plenty of foul, you're denying the need to reform the structure that is causing the problem. that's where the blind spot for wall street's gross abuses really hurts. we're in the third massive wave of such fraud since 2002 alone and it's met with similar denial denials and rationallations. analysts can lie because nobody should trust them any way. subprime mortgages can be sold fraudulently because the people who borrowed is at fault. well libor can be rigged and manipulated because, well, who cares. in the real world rigging these markets and violating every one of the fiduciary relationships under lies wall street integrity has led to a general degradation and general distrust. that cost has been unfathomable. why can't the defenders of the status quo wake up and i can't stand these spots. those spots are actually leftover food and detergent residue that can redeposit on your dishware during the rinse

i'm kudlow. "the kudlow report," just moments away. >>> a week ago, three down 100-point days.bout was desperation, what did people do? they pulled out of the market. no one believed anything good could happen. bingo.

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his questioner this hour, larry kudlow, anchor of ""the kudlow report.""cretary geithner, as always, welcome. we appreciate your time and your efforts. let me begin with the subject everybody is talking about, and that is the faltering economy. of course, ben bernanke was especially bleak yesterday. some people are talking about a new recession threat. the jobs have come slow. the retail sales have come slow. i want to ask you in your judgment what has gone wrong? why are we facing this? >> larry, you're right. the economy is definitely slower. slower than it was the end of last year. why is it slower? it's slower mostly because of the trauma from europe, the after effects of the rise in oil prices earlier this year and because government spending is actually falling now quite significantly. those three things are a pretty significant drag on a recovery. i think if you listen to most business economists or people in the markets now, i'd say most people still think the economy is growing. still gradually getting stronger. likely to strengthen modestly over

he's got kudlow giving him a sit down interview because those are just part of the capitalism report yeah yeah well i love the way kudlow started off that interview he says i want to call this a scandal let me call this a lie bore flat a very really it's not a scandal all of these banks are under investigation and at least one has settled over this and it's not a scandal he's so funny he's so good at the things that i would again be that one couple of charming that's the thing that's what i said even if you know you can't stand we're called the saying the way he says it is so charming that he gets away with it so we'll just call it a full fly fly mr treasury secretary don't worry about it just a little flap let me give you a little softball interview here let's move on really quickly we probably don't have to time to play this sound bite but let's get to one more story yeah because finance usually doesn't win the high school popularity contest when it comes to classes but. is there hope because some teens are talking and a new study conducted by the financial literacy group reveals m

. >>> next on "the kudlow report," is the president's enough tax proposal punishing small businesses?he congress reach common ground? next on cnbc. [ man ] ever year, sophia and i use the points we earn with our citi thankyou card for a relaxing vacation. ♪ sometimes, we go for a ride in the park. maybe do a little sightseeing. or, get some fresh air. but this summer, we used our thank youpoints to just hang out with a few friends in london. [ male announcer ] the citi thankyou visa card. redeem the points you've earned to travel with no restrictions. rewarding you, every step of the way. >>> seconds away on "the kudlow report," you saw alan greenspan say more fed support isn't helpful at all. and team ballpark is saying romney may be a felon for his time at bain capital. oh, my gosh. and why -- how long will stock still be in a slump? i think it could be a while. >>> a while back we hit a landmark, 500,000 twitter followers. we invited our lucky half millionth follower here to hang

"the kudlow report" is moments away. >>> all right. was a bit surprised that marissa mayer was selected a as the ceo of yahoo!. young, excellent

"the kudlow report" is moments away. >>> just like we were afraid of,

and romney himself admitted that he hasn't put out a lot of details in his interview with larry kudlow put up an element he talked about a five-point directive that he would, to jump start the economy, talks about energy resources, open up trade, convince the world u.s. is on track for a balanced budget, training programs for adults, better schools for kids, restore economic freedom. that's not a plan? that's a philosophy, that's a hope, but it's not a detailed plan. he says he'll put out more later. is there time? >> i think there's plenty of time. the problem for romney is not a five-point plan it's telling american voters he has a plan and i think that's what he has to do. it has to be the ability to tell people and voters that they're convinced that he has an idea of where to take the economy moving forward, that the president doesn't have that, and he does. five, ten, 15 points doesn't matter. >> but you can make the case, fine you don't like the president's way, but i mean, when does he have to come out with something? >> we had 59 points, i believe, the last time around. >> go b

. >>> seconds >>> seconds away on "the kudlow report," breaking news.ys we're in an investment capital strike holding back job hiring. my exclusive interview. and the libor scandal grows, exposing america's biggest banks, as well as some of our biggest states and cities. and mitt romney is booed as he tells the naacp that he will make a better president for african-americans than barack obama. "the kudlow report" is just moments away. >>> guess what's on tonight? my fav,

please don't miss larry kudlow's interview with mitt romney tonight beginning at 7:00 p.m.is right here on cnbc. >>> up next, should you buy a stock with a rookie ceo? herb looks at a bunch of recent examples including mcdonald's which is having as you know a tough day today. ty? >>> but first, consumer staples getting hit. kellogg, leading the way down trading at lows not seen since july 2010 and tyson foods at lows not seen since november of that year. >>> before the break, let's take a look at the bond market. a record low in the 30-year yield today and right now the 10-year yielding 1.436%. we're back in a minute. tdd# 1-800-345-2550 i'm constantly working my screens. tdd# 1-800-345-2550 checking the charts. tdd# 1-800-345-2550 looking for support, tdd# 1-800-345-2550 resistance, breakouts, tdd# 1-800-345-2550 a few other tricks that i'll keep to myself. tdd# 1-800-345-2550 that's how i trade. tdd# 1-800-345-2550 and i do it all with charles schwab, tdd# 1-800-345-2550 because their streetsmart edge platform tdd# 1-800-345-2550 helps me trade quickly, intuitively. tdd#

he'll be on with larry kudlow later tonight. so we want to know what do you want to hear from the former governor and would-be president. scene us an e-mail and leapt us know what you think at worldwide@cnbc.com. we have some pretty comical suggestions already coming in. . >>> all right. credits off record high for spain. 630 basis points. cds up across the board floir to 555, france 182. >> that's right. the libor investigation is reportedly set to zero in on individual traders in the u.s. and europe as officials prepare to file criminal charges in the next few weeks. u.s. prosecutors have begun notifying lawyers arresting could be imminent. meanwhile regulators in europe are focusing on a ring of traders at several banks and are probing emails for signs ever collusion. barclays is trying to resolve its leadership crisis. a number of parts in uk press said barclays investment bank has pulled out of the ceo race. the bank's deputy chairman also turned down the chance to become chairman despite shareholder support. it appears to

. >> earlier today, mitt romney told larry kudlow on cnbc that he doesn't believe new gun laws would prevent future tragedies. joining me for naulszanalysis of how the aurora shooting with pay in the campaign. and bill press, host of current tv's full-court press which you can watch every morning at 6:00 eastern. so susan, talk about the presidential campaign's response to the colorado tragedy. >> i think rightfully a tragedy should place nowhere in the campaign and they should leave it alone and not use it as a campaign fodder or not even talk about it that way. to the extent it comes up i think the president had an appropriate response, if i had a little trouble connecting with him when he was talking but i think mid mitt romney made a serious mistake by defense of the second amendment in his response. it's off limits. you don't do that. not today. >> he did a nice job, though mitt romney when he did his statement without connecting i would have to say, i think they both did bill. what's your take on how the candidates have responded to that tragedy? >> i think they both responded

. >> by the way, larry kudlow will be on "morning joe" in a little while. we'll get more insight with his interview. the obama campaign rolling out a new ad across a number of swing states, the ones you see here. one that takes a different tone from many of the ads we've seen so far. >> over the next four months, you have a choice to make. not just between two political parties or even two people. it's a choice between two very different plans for our country. governor romney's plan would cut taxes for the folks at the very top, roll back regulations on big banks and he says if we do, our economy will grow and everyone will benefit. but you know what? we tried that top down approach. it's what caused the mess in the first place. i believe the only way to create an economy built to last is to strengthen the middle class, asking the wealthy to pay a little more so we can pay down our debt in a balanced way. we can afford to invest in education, manufacturing, and homegrown american energy for good middle class jobs. sometimes politics can seem very small. the

larry kudlow conducted that interview.he host of "the kudlow report" of course and right here to my left. tell us what happened. what his thoughts were. nice to see you. >> nice to see you. nice to see you. i want to say one thing in doing my homework for the interview, i went and got my friend jim kram who are interviewed last year and asked him, specifically, jimmy, he told you a year ago that the euro would survive. do you still believe that today? he said he did and making progress. and that was really the cornerstone of my last segment with him. >> i appreciate that. >> thank you. no, no. i think it was interesting because i have my pluses and minuses. personally i respect the guy enormously. personally. we have a great relationship. on policy, sometimes we agree and disagree. but as i say tried to say i have felt that he has been a positive force in moving europe in the right direction with fiscal union and banking union and recapitalization of the banks. and the tim geithner's been a guy trying to move them faster.

. >> this sounds like the kudlow show. he does a great job with that. >> you know, i think the biggest problem is inflation. food price inflation is going to create inflation across the board. that's the biggest issue in india. they're worried about monsoons. you've got to go for the efficiency play. companies like monsanto. >> monsanto it is. you've got a question, guys? you can send us an e-mail. we've already got something, actually. it is tradingtheglobe@cnbc.com. because we got a whole bunch last week and we sure love getting them, don't be shy. this is what we've got coming up for you next. >>> it's the most dominant company in the world. apple. but while you know about the iphone and the ipad, what you may not know is this tech titan is also a major emerging market play. how much higher can e.m. growth take market shares? tim will break it down. >>> and then mr. gloom, doom, and boom himself marc farber makes his "trading the globe" debut in a live and exclusive interview. and he's got a shocking warning for global

. >>> seconds away on "the kudlow report," president obama today called for major tax hikes for investorsstates, dividends. it's bad for stocks and bad for the economy. however, famed investor ken heebner will be

here's mitt romney being interviewed by larry kudlow last night on cnbc. >> we ought to give whichever president is going to be elected at least six months or a year to get those policies in place. >> okay. so according to mitt romney, a president implementing pro-growth, pro-jobs policies in the face of economic difficulty should be given six months or a year before those policies are judged. that seems perfectly sensible, actually. and it's an important frame of reference, right? now, governor romney has been arguing a different standard for quite some time about president obama. the president, mr. romney says, has presided over net job losses in his term, which mr. romney has said, should be judged from february 2009. not to state the obvious, but the whole world was pretty much falling apart in february of 2009, and yes that included the job market. we lost around 700,000 jobs that month alone. but there is good news for president obama. using romney's new measure, this is what the jobs record looks like since mr. obama's inauguration. this one does not include romney's new measure

a >> matt taibbi, i was listening to lawrence kudlow and cnbc, the group of the business journalism didclaims this is a victimless crime, that this has been blown out of proportion by the rest of the media and by some of the government regulators. >> i cannot imagine how he would publish how sane person would describe this as a victimless crime but basically, every city and town, to say nothing of the rest of the world, has investments that are pegged to libor. most of them are holding investment -- accounts that will go down. >> i thing most people do not understand. if the interest rate is going down, that means you are paying less. but they do not understand the swaps going on within governments. >> people are thinking of their own credit cards or mortgages. it is true, most did been fed. but they also manipulated it upwards at times. when it was downward, those individuals did benefit. on the whole, overall, ordinary people actually suffered. mainly because local governments, municipal governments tended to lose money. if you live in a town that had a budget crisis that had to lay o