kudlow & cramer. >> this is cnbc's "kudlow & cramer." >> good evening.'m jim cramer. >> and i'm larry kudlow. >> good evening. i'm larry kudlow. welcome to the debut of "kudlow & company."

i'm larry kudlow. first up, let's start with the news. another roller coaster day for stocks. jackie deangelis has that for us. good evening to you, jackie. >> good evening to you, larry. as you said, a roller coaster day tore stocks. ending in the green but off session highs. the early rally was fueled by comments from china's premier that the country's government would take steps to support its economy. but then a sell-off in the biotech sector. that was late in the day, weighing on the markets. now, at the close the dow was up 58 points. the s&p 500 was up 8. and the nasdaq managing to squeeze out a four-point gain. the nasdaq, though, was the big loser this week, off almost 3%, making it the composite's worst week since october of 2012. and biotech stocks, they were underperformers all week. a near 3% drop in the nasdaq biotech index today. a roughly 7% loss on the week. remember that monday's the last day of the quarter. so investors and funds no doubt positioning their books ahead of that calenda

welcome back to "the kudlow report." i'm larry kudlow. we're back with kevin brady.kevin, i don't want to give up on this fed story so easily because i think there's contradictions galore that is going to hurt the economy and maybe the stock market. on the one hand, last week she suggested that they might raise the target rate a wee bit sooner and maybe a quarter half a point, six months after they get out of -- she let that cat out of the bag. on the other hand, as john reports today in "the wall street journal," front page story, when you look at the fed notes, they are going to keep short-term rates below normal, even if the economy normalizes, they want short-term rates, too low for too long, in my opinion. how do you see it? >> i agree. even though the market is starting to gradually understand that the stimulus cannot go forever, it has real consequences and i think, too, you made the point and i agree, the fed is not just dealing with interest rates and bond buying, they've got all of the mortgage back securities and they have to somehow unwind all of that ove

we are about to get an update by steve handlesman, next up, i'm kudlow. kudlow. zblrnl zblrnlgs >> new developments in the search for the missing malaysia airlines flight tonight. this after satellite images reveal two large pieces of possible debris that may be floating in a remote area of the indian ocean. being called a credible lead. we have nbc's steve handlesman now joining us with all the credible details. good evening, steve. >> reporter: larry, thanks, here's a bad detail, it's an unbelievably remote area. you go straight through the planet from the u.s. you come through this part of the indian ocean. it's more than a thousand miles from one of our most remote city, which is perth. and this might be a false alarm. these images might not show plane dear, after so many days with nothing, these photos are raising hope. here they are, they're by a u.s. satellite company for the australian government. it took four days of looking through the imagery to come up with these images, so they're four days old. they might be pieces of the boeing 777. the malaysian g

i'm larry kudlow. >>> welcome back to "the kudlow report." the great duo of austan goolsbee and art laffer still with us, two of the best and brightest to come on this show. austan, if you had it to do over again and you wanted a stronger recovery, would you have gone to a different formula, such as spending less and cutting marginal tax rates the way jfk did it, the way ronald reagan did it and basically the way bill clinton did it? would you have gone in that direction -- >> wait a minute, what are you talking about? bill clinton raised -- the first thing he did is come in and raise the top marginal tax rate. >> and wished he hadn't -- >> followed by a huge increase in the surplus -- decrease in the deficit, conversion to surplus, booming economy. >> i thought clinton cut the capital gains tax. >> he did, enormously. got rid of the retirement on social security -- he signed into law welfare reform, cut government spending. he was a supply sider except for one mistake and reagan made mistakes as well. but that was a mistake of bill clinton's

"the kudlow report." i'm larry kudlow. it's 7:00 p.m. eastern and 4:00 pacific. we begin tonight with the gm recall crisis that's threatening to blow up into one of the most expensive lawsuits in the history of the auto industry. our own phil lebeau joins us now from chicago with the latest. good evening, phil. >> hey, larry. pressure is reallyla starting t mount on not only general motors but also regulators in washington to do something more about what'shi happened with regard to this gm recall crisis. the latest comes from a filing out of texas. an attorney down in texas has filed a motion with the u.s. district court asking the court to have general motors issue a recall ireport. he says the cars should not be driven because they could potentially hit a bump.y they say they can be driven as long as there's nothing weighing down the key. these cars could be thrown into thent troublesome position if t car hits a bump. and that according to the attorney is what is the potential problem with people still

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i'm kudlow.'m kudlow. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still gonna give me a heart attack. that's health in numbers. unitedhealthcare. >>> out to the taxpayers and free markets, and we are going to miss you on television, although we know you're going to continue to be very active in the public

i'm kudlow. we'll be right back. we'll be ri. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ (music) defiance is in our bones. defiance never grows old. citracal maximum. calcium citrate plus d. >>> welcome back to "the kudlow report." we're talking putin, ukraine, and president obama. lanny, bill, and hugh. hugh, does this whole brew ha-ha become a political campaign issue, in your opinion in. >> absolutely. i think th

i love logistics. >>> welcome back to the "kudlow report." i'm larry kudlow.ll right, a wild day on wall street. markets dropped on janet yellen's hawkish tone, i guess. the dow is up 114 bucks. the s&p fell 12. the nasdaq lost 25. let's get right to it. don lufken and r. hogan, the new chief market strategist with wonder lick securities. the leon cooperman quote, i want to start there. if you don't know and you didn't expect this, then you shouldn't be in the stock market at all. someone said, maybe by the end of next year the overnight fed fund rate will go up to one percent which is probably too low. is that what drove the market down today, that nonsense? >> no. i think what drove the market down was just the endless nonsense in that unbelievably verbose fomc statement and that shamefully boring condescending performance by janet yellen. oh, my god, she took the tailor rule and the evans rule and threw all the rules out, man. she's operating on the pirate's code. remember the pirate's of the caribbean where the villain says the pirate's code is more like g

many of you know the "the kudlow report" actually started years ago as "kudlow & cramer" before we were both spun off to maximize profits, my great pal is going to here to join me.

i'm larry kudlow. this is "the kudlow report." we're live " here at 7:00 p.m. eastern and 4:00 p.m. in the west. the stock market suffered pretty big losses, especially from the russian military on the ukraine border and unexpectedly low numbers from china. let's bring in dominic chu to explain all of that. >> the lastn time we saw a mart selloff to this degree was back on february 3rd when stocks drop because weaker china numbers came out and u.s. manufacturing data wasng weaker than expected. all told, the dow drops 231 points, nearly a percent and a half. the s & p is down over a percet and the nasdaq is down 1.5% as well. if you take a look at the sectors, where the action was, it was pretty much right across the board. you canar see the cyclical sects like technology, industrials, consumer discretionary, the retail stocks got hit the worst. the lone spot here, utilities. it was more of a defensive sector and less economically sensitive. now, you also saw it play out on the bond market. it started at 2.74% and dropped all the way down towards session lows around 2.65. so again,

i'm larry kudlow. this is "the kudlow report." it's 7:00 p.m. eastern, four pacific. we're live. our first big story tonight is a criminal investigation into general motors' handling of a recall. that news sent gm shares down 5% today. phil lebeau joins us now on the phone to give us the full story. good evening, phil. >> good evening, larry. this is a tough day for general motors. you mentioned there are now two more investigations the company has to deal with, the latest coming late this afternoon. word that the new york office of the u.s. attorney's office is investigating a criminal probe into how general motors handled the recall of 1.6 million vehicles. we don't know all the questions that will be involved in the investigation, but it basically comes down to this, what did general motors know, when did they know it, and when did they not disclose sooner what was behind this recall of 1.6 million vehicles. remember, that has to do with a faulty ignition key that was linked with 31 accidents, 13 deaths in those accidents between the years 2004 and 2014. remember, gm did the r

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i'm larry kudlow. this is "the kudlow report". we're live here at 7:00 p.m. eastern 4:00 p.m. pacific. sergei lavrov sending a warning to the u.s., saying the u.s. should not take any hasty or reckless actions to damage relations between the two countries. let's bring in jim miklaszewski, live from the pentagon. this sounds nasty. what's cooking? >> reporter: larry, despite all the international outrage over the russian occupying of crimea as of tonight it appears to be fa fait accompli. the russian military is firmly entrenched in crimea and have no intention of leaving any time soon if ever. according to military officials, it's clear that the russians have been consolidating all the gains they made so far. today, for example, by brute force they knocked down the front gates of a ukrainian air force base and seized that base without firing a shot. they scuttled an old ship at the mouth of the crimea bay, and blocking any shipping from going in or out of those waterways. russian flags are flying over

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that's next up on "kudlow.", the countdown on for the big february jobs report, coming out at 8:30 tomorrow morning. many experts are predicting a very disappointing number. but you know what? many experts are frequently wrong. anyway, don't forget, free market capitalism is the best path to prosperity. free market capitalism and freedom are huge issues in this whole ukraine/putin argument. i'm ked lo. we'll be right lack. so our business can be on at&t's network for $175 a month? yup. all 5 of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line, anytime, for $15 a month. low dues, great terms. let's close! new at&t mobile share value plans our best value plans ever for business. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner, bri

i'm larry kudlow. this is the "kudlow report". we're live at 7:00 p.m. eastern and 4:00 p.m. pacific. we have late breaking details on the still missing malaysian airline flight. >> reporter: it's now day four since it went missing simply disappearing off the radar scopes. and government officials here by their own admission are perplex perplexed, they are puzzled about the circumstances. we have had a lot of false hopes, a lot of false alarms. the latest, an oil slick, the fuel from that slick has now been analyzed and has been ruled out. it is not connected to mh 370. the situation becomes even more desperate and frustrating by the hour. but the surgery is nearch is no called off, in fact it is being intensified, redoubled and the search area has now been extended to 100 nautical miles. it now involves 74 aircraft and planes, including ships from the u.s. 7 fleet, the uss kidd has joined the search and rescue efforts. this operation has still been classified as a search operation, not yet disaster recovery. the search continues. back to you. >> thank you, sri. now let's go

kudlow report". i'm larry kudlow. we're live here at 7:00 eastern, 4:00 pacific. two in one crimea, the ukraine where 2,000 russian troops moved in and what new government in kiev is calling an arms invasion. nbc news steve handelsman joins us now with more. good evening, steve. >> reporter: good evening. headline is definitely those russian troops, medium size force newly in ukraine. the question is, what is vladimir putin's plan? the day began with just a few russian troops seizing control of a pair of airports in crimea, southern ukraine, an area historically linked to russia with mostly russian speakers and a big russian naval place. then plane full of russian troops began flying in maybe 2,000 could be more said u.s. officials. russians earlier told secretary of state kerry they would not invade ukraine and said this troop movement was allowed in a treaty they previously had with ukraine but president obama came to the white house briefing room to urge putin to stop. >> any violation of ukraine'

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>>> tonight larry kudlow will bid farewell to "the kudlow report." to discuss economics and politics. his show and "mad money" too came in the wake of our decision to create two hours of television from one. kudlow and cramer. our forerunner. the show's hallmark was fairness to both sides of the aisle. and to each other as befitting the coin flip from by -- from a real ncaa ref to see whose name went first in the credits. i obviously lost. i got a chance to say good-bye to the gentleman and emotions ran high. we had to stay focused on the substance though. as larry insisted we had to stay focused on the matter at hand. the arc of the interview spoke about larry's and teachings and the impact they have had on me and this show. first, larry asked me if i thought the advances in the averages were part of a big bubble that could be deflated at any minute as so many believe. when you're on live television you don't have enough milliseconds for general reflection. but when i was about to begin my defense of the climb, the corporate profits are behind the a

i'm kudlow. we'll be right back. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ >>> new obamacare changes are coming out today. the administration now says it will allow insurers to keep people on the noncompliant health plans that were originally canceled. remember those very plans that president obama first promised you you could keep, then he said you couldn't keep it, well, now you can keep them again for three more years. this whole thing is a political ploy, in my opinion to try to shield vulnerable red-state democrats from any blowback in next fall's mid terms as those plans might be canceled again. here is health policy expert grace marie turner. if you like your plan, you can keep it. if you like your doctor, you can keep it, oops, then he said you couldn't, then he said oops i'll let you keep it fo

kudlow report. it's 7:00 p.m. here on the coast and 4:00 p.m. out west. let's start with the fallout from the special election in florida. the poll has very bad news for the president. and the democrats. we welcome back nbc news chuck todd. so republican david jolly defeats alex sink. that's a race the democrats should have won. what does it mean, how do you read this? >> this is a case where you had the testimonies had the better on the ground organization and campaign if you look over a lemont period. this was a special election, so everything got shortened a little bit. the republican candidate, david jolly, this was the fourth choice of the national party. they tried to recruit a whole bunch of other people. his first name was lobbyist as you and i both know. being a lobbyist is usually a four letter word. so everything on paper on the ground was advantage to the democrats, it's a swing district and swing state. they had the more experienced candidate. and what happened is what was going to trum

. >> oh, that was great moment between larry kudlow and jim cramer. at 7:00 p.m., he's moving on to a senior contributor role at cnbc. we'd like to take this opportunity to salute larry for service for many, many years. make sure you tune in later on tonight. a very special show. >>> but, now, back to "options action." time for the last final call. the last word from the options pits. >> mike, larry kudlow we're going to miss you but i like what carter is doing on amazon. technically, fundamentally, it's a good structure and you don't get your face ripped off. >> brian? >> still like my apple play, i think it's a good growth tech name that seems to have relative strength right now. >> carter? >> weakness in amazon, something to stay away from. weakness in solar city something to take advantage off. >> thank you for joining us. our time has expired as well. for "options action" go to our website. have a great weekend. paid presentation for derm exclusive instant anti-aging, brought to you by beachbody. [ cheers and applause ] >> wow. hi, everybody, and

. >> oh, that was great moment between larry kudlow and jim cramer, today, you can catch larry's lastcontributor role at cnbc. make sure you tune in later on tonight. a very special show. >>> but, now, back to "options action." time for the last final call. the last word from the options pits. >> mike, larry kudlow we're going to miss you but i like what carter is doing on amazon. good structure. >> brian? >> still like my apple play, i think it's a good growth tech name that seems to have relative strength right now. >> carter? >> weakness in amazon, something to stay away prp weakness in solar city something to take advantage in. >> thank you for joining us. our time has expired as well. for "options action" go to our website. see you then. have a great weekend. >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to save you a little m

. >> good evening, i'm larry kudlow. this is the "kudlow report." we're live at p.m. eastern and 4:00 p.m. pacific. it was the best day of the year for the dow. markets in rally mode as ukraine tensions seemed to ease. bob joins us live with much more. >> this was a classic relief rally with historic highs in the s&p 500 but more than that, the highs in the mid cap and the small cap, the russell 2,000. this was a broad rally. we had roughly six to one declining. nine out of ten sectors in the s&p 500 were up. that's very unusual. health care was up as much as cyclical groups. a lot of traders assume the tension and the ukraine thing would go on a lot longer than this. it's not over obviously but there's a sense there's been a deescalation. the volatility dropped because of that. it shot from 14 to 16 yesterday and back to 14 today because even though it's unclear what the scope of the russian military action might be, an outright invasion of the whole country with tanks for example rolling into kiev looks unlikely. if this story stays relatively quiet tomorrow, the at

a $29 value free. ♪ ♪ >> don't go anywhere i'm on with larry up next in the kudlow report. 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 tomorrow. >>> hello. you're watching "worldwide exchange." i'm ross westgate. the headlines today, european equities follow asia higher on hopes of more stimulus from china. can european stocks follow the trend? that was on pace for last week since october 2012. >>> investors do cheer the kitchen sink approach from italian bank san paolo. now targeting an ambitious return to growth. bankers behind alibaba's blockbuster ipo is

>> don't go anywhere i'm on with larry up next in the kudlow report. market somewhere and i promise to try to find it just for >>> the foundations of obama care continue to crumble. several democrats in the senate prepare a bill to make major changes to the health care law. meanwhile, i still think the individual mandate is already dead in the water. we'll have the latest on all of that. >>> in an almost shockling development, former george wurks bush secretary of state condie rice blasts obama for creating a leadership vacuum. top political pundit david axelrod and mary matlin will join us to debate all of that. >>> here's a real message -- economic growth. tonight i'm going to talk about how to unleash fre

steve called it populist, people like larry kudlow call it more bureaucratic in nature. but i guess i'd like to have a debate. do i really want a fed official, the highest fed official, having anecdotal stories demonstrating slack in the economy? it's incongruent with the notion that somebody needs to be a banker of the country and be an adult. i'm not so sure this is my cup of tea. i don't know how if there's slack in the economy because one of her examples was a clerical worker in health care, been out of work two years, how are zero interest rates or remnants ofq e going to better equip her for the job market? it just doesn't make sense to me. >> rick, without defending the idea, let me just tell you what's behind the idea -- >> but you are. >> well, i'll just tell you what's behind the idea which is that i think the fed feels it's lost the political battle with its policies, and i think -- >> i thought the fed's apolitical, steve. >> let me finish the comment which is i think the fed knows it doesn't make its policies in a political vacuum and that one of the things

i'm larry kudlow. this is "the kudlow report." we are live here at 7:00 p.m. eastern and 4:00 p.m.right to our expert panelists, take a look at the financial, the military and the strategic issues here. we have nick byrnes, former undersecretary of state, retired four star general barry mccaffrey and from the council of foreign

on "the kudlow report." he will still have lots to do here at cnbc.ill be seeing more of him during the day bringing the heat, fighting the good fight. check him out tonight at 7:00. it's the grand finale. we wish larry all the best. glad to have him coming to dayside. we'll be right back. 'll be righ. save you fifteen percent or more on car insurance.d everybody knows that. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have...oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. >>> welcome back to "power lunch." check out shares of gilead sciences at session lows as new prescriptions for its hepatitis c drug fell from the previous week. the high cost of

. >> good evening, i'm larry kudlow. this is the "kudlow report." we're live at p.m.m. pacific. it was the best day of the year for the dow. markets in rally mode as ukraine

>>> get ready for a commercial kudlow report.about the democrats going down in es

>> don't go anywhere i'm on with larry up next in the kudlow report. there's 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 tomorrow. >>> hello. you're watching "worldwide exchange." i'm ross westgate. the headlines today, european equities follow asia higher on hopes of more stimulus from china. can european stocks follow the trend? that was on pace for last week since october 2012. >>> investors do cheer the kitchen sink approach from italian bank san paolo. now targeting an ambitious return to growth. bankers behind alibaba's blockbuster ipo is in for a shock. the underwriting fees are just 1%. >>> and facebook looks to the sky. the social media firm says it's using lasers as part of a plan to give the whole world internet access. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello and welcome to the last edition of "worldwide exchange" for the week as we come into this last session, you can see the dow jone

all those stories and more coming up on "the kudlow report."

tonight is the final "the kudlow report."et capitalism being the best path to prosperity will always continue as larry does become a special cnbc contributor. not only will you see larry on "street signs" here on this show, he is also going to now be able to enjoy dinner with his lovely wife. she is probably pretty relieved about this as well. >> yeah. yeah. that's a great thing. you guys want to show the biotech etf quickly? show you a little more of the picture of why the nasdaq is having some bit of trouble here just after lunch. there's the ibb, down 3%. it was flat to higher in the morning. so as some of these names, i know i have already mentioned celgene but throw out biogen, throw gilead into the mix, these stocks that have started strong and been the focus of this run in biotech we have seen as some worry about a bubble in that space, among others, but there's a look at how the stocks have fared today. it seems to be getting a touch worse. >> little bit ugly going into the close. we still have about an hour and a hal

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only one show has larry kudlow talking about it and "closing bell" has him. >> also, we get reactions' charge of market rigging from our panel of small investors, retail investors will join us coming up. >> all that and more starting top of the hour. what's in your ear? oooo! a quarter! check for more! well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. gunderman group. gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. growth? growth. i just talked to ups. they've got a lot of great ideas. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money. time? money? time and money. awesome. awesome! awesome! awesome! awesome! awesome! awesome! awesome! (all) awesome! i love logistics. as the company that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every

started to search using it as money and you know some people like to say it's not money i saw larry kudlow keep saying i don't see any say over time because it goes up he says because it is not money but i mean if people are using it as money. you can call it whatever you like but it is funny to some people already and i think that all the volatility has to come down at some point as you get like what you just said with the so crude and milk uk situation and once those are behind us once there's regulatory clarity i think those those kind of things are the main things that are holding back first of all adoption and second of all price stability right well larry kudlow as i understand is now axed from c. and b. say his main criticism about bitcoin not being money is that he quote said quote it lacked money ness so that was the extent of his analysis even have been going doesn't fill the four characteristics as outlined by aristotle and those who understand what money is throughout the ages bitcoin certainly qualifies let's move on to the topic du you're talking about the newsweek piece that

things that are holding back first of all adoption and second of all price stability right well larry kudlow as i understand is now axed from c. and b. say his main criticism about bitcoin not being money is that he quote said quote it lacked money ness so that was the extent of his analysis if you have been going doesn't fill the four characteristics as outlined by our stock all and those who understand what money is throughout the ages bit quiet certainly qualifies let's move on to the topic du you're talking about the newsweek piece that came out revealing that the allegedly the truth not the moto the creator but going you tweeted to the truth eater which is the handle for leave a graph goodman the writer of the piece of news newsweek. through theater decided to go and see and b.c. to tell everyone the identity of a frail man with one million bitcoins in case criminals didn't see the article series saying that good point holders are vulnerable to kidnap and torture essentially what's going on here. i'm just saying when you put so once a picture of it a picture of their house where they li

be sure to watch the final episode of "the kudlow report" is tonight., mitch mcconnell. join larry for his final show. it starts in two hours. remember, one of the first places that i ever popped on this network. we'll have to get larry on this panel soon. we'll be right back. latte or au lait? sunny or bubbly? cozy or cool? "meow" or "woof"? wheels or wheeeels? everything exactly the way you want it ...until boom, it's bedtime. your mattress isn't bliss: it's a battleground of thwarted desire. enter the all-new sleep number classic series. designed to let couples sleep together in individualized comfort. starting at just $699.99 for a queen mattress. he's the softy: his sleep number setting is 35. you're the rock: your setting is 60. that works. he's the night owl. his side's up while you're in dreamland. you're the early bird. up and at 'em. no problem, because you're in it together... keeping the love alive. and by the way - snoring? sleep number's even got an adjustment for that. crazy? only if sleeping peacefully with your soulmate is crazy. find y

today, with a piece written by the executive producer of the kudlow report.:you can't fix stupid. he points out you're always going to have stupid people in population, people who don't eat right, don't exercise and not smart about their insurance needs, with obamacare, we have about 4 million sign-ups already. the report says only 10% were uninsured before signing up. this is against the backdrop of 30 million or more people who were uninsured before obamacare, his argument is, you passed a law with an mandate forcing the responsible who are insured a anyway to make up for those irresponsible. this is an opinion piece. it has drawn fire all day long. pro and con. it has nearly 3,000 comments on it. it's been picked up by a number of our partner sites. great source of debate and some internal discussion about it, too. this is standout story. >> allen, thank you very much, sir. some thoughts from the panel here, some pretty controversial op-ed getting lots of reaction. i don't like name-calling. >> well, i think one of the things that's clear this is adding an

joining us in our closing bell exchange, it's susanç fulton, nathan bachrach, steve fitzgerald, david kudlow our own steve liesman and rick santelli. steve, i'll begin with you. what did the beige book tell us that seemed to confirm what everyone has been talking about, that one word that's dominated for the last two months, weather. >> i feel like i got hit with another storm. it got down to minus ten. the beige book mentions the word weather 119 times according to the word count program. that compares with just 21 in the last month and 18 a years ago. so weather a big factor. what was interesting was the areas that it hit. you know, rail traffic in dallas, homes throughout the country, manufacturing in nine different districts. so to me it does two things. it confirms, as you said, the notion that there was a big impact of the weather, and it sets us up for the markets to maybe look beyond what could be a soft jobs report. >> nathan, does any of this matter? >> it doesn't matter at all. the one thing i find amazing about the beige book besides the fact this they could pick a color in washi

. >> knowing jim for many years he was one of the first people that put me on tv for larry kudlow ande it there. >> you're even nicer than i am today. >> it's true. >> i'm trying to go out on not a so level. >> i love jim, smart guy. i can't go baylor final four. baylor's going to lose to nebraska so how are they going to make it to the final four. >> zing! >> coming up more market thoughts with our special guest david rubenstein of the carlisle group. and the ceo of lane bryant will join post nine to talk about the cancellation of orders because nobody could get to the doggone store. >>> and be sure to join becky for "on the money." how safe is the car you drive? whether or not's watching the automakers? are they asleep at the wheel? catch "on the money" this sunday 7:30 p.m. on cnbc or check your local listings. "squawk box" back right after this. r this. no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ >>> welcome back, everybody. let's get back to