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tv   Kudlow  FOX Business  April 2, 2024 4:00pm-5:00pm EDT

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of future inflation starts to climb higher. something that a central bank does not want to see. liz: quincy, we have about 40 seconds left. the refiners have had a nice run-up this year. when you talk about gasoline you need to talk about refiners. would you stay with them? >> absolutely. look for example, valero. we haven't built a refinery in this country in decades. look at valero. liz: valero energy it is. we're really pretty stunned because it has been amazing runup for crude oil pretty much year-to-date. as we continue to watch oil up 17% since january. [closing bell rings] here come the bells. dow, s&p, nasdaq, another day of selloff. the nasdaq eked out a gain yesterday. tomorrow fox news contributor caitlyn jenner and palantir cofounder -- ♪. larry: hello, folks, welcome to "kudlow," i'm larry kudlow.
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so markets selling off big today maybe because we'll not see another rate cut in my lifetime. we'll see. oil prices surging, gold surging, commodity indexes surging. we have senator kevin cramer. we have our own taylor riggs, most importantly, and we also have steve moore. if all that weren't enough they will weigh in on this whole story and joe biden's ev farce. we'll come back to that later. plus we have a great day for donald trump. he posted his 175 million-dollar bond in new york, planning a huge grassroots fund-raiser, maybe madison square garden, maybe yankee stadium, maybe both, who knows. a bad day for joe biden, losing support among young voters, minorities and suburban women according to recent polls. we have kellyanne conway for that. the great mark levin asking why biden is stopping israel from dealing with iran and special-ops veteran aaron cohen
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will weigh in. batya ungar-sargon and alec lace why biden is the real threat to our democracy this november. first a quick update on the stock market from our expert gerri willis. gerri, there were no bears. now maybe there are a couple. >> yes, now we have a few bears. it was a selloff for stocks the second day in a row as markets weighed the outlook for a fed rate cut. the bond yields climbed. the dow down 395 points, the s&p down 37. as you can see the nasdaq down 156. big tech and health care leading the way lower it was an economic report issued yesterday that led to today's selloff, a survey of purchasing managers. the ism manufacturing index came in hotter than expected, indicating a more robust economy than traders had thought, dashing expectations for early and frequent rate cuts. the futures market now pricing in a 59% chance for a rate cut in june. that is down. bond yields jumped.
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the 10-year treasury yield topping 4.4%, while the two-year soared above 4.7%. crude oil cracking $85 a barrel to hit the highest levels since october. if you're looking for good news, shares of trump's media company djt rising 6% after a selloff yesterday. larry. >> how about that, gerri willis, thank you ever so much we appreciate it. for more on this we bring in our big money co-host taylor riggs, steve moore, host of "moore money" on abc radio and north dakota kevin cramer a long time stock market expert. thanks to all of you for coming back on, we appreciate it. let me talk to the person in the build hog probably understands the market best, and that is the great taylor riggs. taylor, by the way i don't think we'll have a rate cut this year. that's just my view but i think the markets are still pricing it wrong but what is interesting open market rates, the bond is up, the 10-year is up to 4.40
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that's a lot. then you've got commodities booming, crb, gold booming, oil, west texas 85 but brent almost 90 bucks. so you've got inflationary signs flirting around. what do i make of it? >> a decent economy as well. i love the report from gerri when she talks about the cross asset, yield story. when you have a equity market selloff you think flight to quality, flight to safe havens, buy treasurys, bond yields fall. today was the exact opposite. yields are rising because it is all about those rate cuts or maybe not rate cuts like we've been talking about. so the fed's loretta mester came out said a huge risk is cutting rates too soon because it could restoke or restoke some of those big inflationary measures that are underway you hinted at. i still think inflation is a big issue. larry: kevin warsh said it rather well on the show last week, too much fed yapping.
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>> ah. larry: do we need ms. mester, to tell us a, what the futures market is saying? the futures market has been wrong the last 600 years on this subject and others. it is what it is. b, we don't want to acts too soon, but c, there is three -- really was there any value added what she said? she said it on cnbc today, wherever she said it, really? >> jay powell was asked this question on friday and the markets were closed. are you too transparent? and he said i don't think so. they like coming out and doing all these talks but i think you're right, sometimes it can be confusing. i will say what is good about this fed speak the markets came into this year asking, begging for six rate cuts and at least now finally they're looking at 2 1/2 rate cuts. so they're getting more in line with what the -- larry: i never seen half a rate cut. what is half a rate cut? you have to help me on that. kevin cramer you may not know what half a rate cut is, you know something about oil coming
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up from north dakota. >> i do. larry: we're seeing a pretty big rally, the best since december i think, even further back, october. west texas, yes. brent crude, yes. what do you make of that? what's going on here? >> well, what's happening, really, it gets to the point of what's making this inflation so sticky. energy prices, high energy prices will add to the inflation of everything we grow, produce, manufacture, move from one place to another place whether you're receiving it or whether you're sending it to another market and what's happening is this is the direct result of bad public policy. the federal reserve cannot fix bad energy policy. so you're see agroing demand around the world. you're seeing a shrinking supply. even though the united states by the way, as you probably noticed had a record production month but larry at that, it is still probably two, three, four million below what it should be or what it could be which would bring prices down by increasing the supply, meeting global
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market demand but that into everybody should have a fleck trick vehicle in their garage routine that this administration is stuck with t will always be confusing as long as this guy is the president. larry: steve moore, do you have a electric vehicle in your garage? >> [laughter]. i am going to have to get one to have a tow truck to take away our gas cars under these policies. by the way kevin cramer is one of my favorite senators. an honor to be on with you, senator. look i just don't see any signs of falling inflation right now, larry. you went through, gold prices up. oil prices up. commodity prices are up. bitcoin is up. all of the alternatives to the dollar are showing rises in value. so, i just do not see a case for falling inflation. i wish i did but i think we're looking at four to 5% inflation now at least for the rest of the year and that may be too low. my gosh, look what happened to the crb index in the last 24 hours. it went up substantially.
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when you have higher commodity prices, kevin cramer is right, that means that's going to filter right into consumer prices. somebody show me the case for lower inflation? where is it, larry? larry: the question is going to be gentlemen, i will stay with you just for a moment, then come back to taylor, senator cramer, for example, i would argue with the oil prices going up and commodity going up and interest rates going up, et cetera, et cetera, my rate cutting by the fed will be perceived as a deliberate effort, intent to juice the economy. >> that's right. larry: to elect, reelect joe biden and kevin cramer i think that would redown, that kind of thinking, or that kind of charge or even that kind of appearance, senator cramer, would really be very damaging to the federal reserve and that's the reason why they really shouldn't do it unless there's a clear-cut case to lower rates which there isn't as steve
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moore -- we've all agreed there is no clear-cut case. so senator cramer, the fed would be digging its own grave here if they start moving? >> the fed's objectivity is already under some scrutiny for good reasons. there has been a lot of questions about just you know, how independent the fed really is. remember, fed chairman are always little different before they're reappointed than after reappointed. all in all jay powell has done a pretty good job creating this soft landing. i just think he will come up short. you're exactly right the worst outcome for federal reserve to be perceived, perception can become reality as tilting the scales one side or the other in the next election. that is additional factor for their consideration. larry: taylor, two questions, important questions i think, one is, i had an instinct today when i looked at the computer screen that these commodity runs might have had something to do with the tragedy of the baltimore
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bridge and the freighter but again the trend line started way before that. so i don't think that explains it. and, the other thing is, the yield curve is still inverted. i mean the fed funds rate and the t-bill rate, i will call it 5 1/2% more or less, 5.25, five 1/2, and the 10-year is at 4.40, gee whiz, that is a long time for a yield curve inversion. is that any meaning at all? >> you're getting me excited talking about the yield curve, larry. larry: i love that. >> i will say the inverted yield curve as you know from the federal reserve is something that they use not as a, as a sign that there is a recession but for of a predictor but you know it works more as a lag. it inverts, typically, 12, 16, 18 months later there is sign that there is recession. you can get a recession because the fed has been too late in cutting rates.
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that's why it is inverted. i don't know, i hear from market participants that the twos, tens inversion becomes less and less helpful the longer we go on. i think there are structural issues with this economy that are different, the reason the traditional signal is not working. larry: i always prefer the three-month bill to the 10, whatever. >> you sound like jay powell. larry: well that is the new york fed model, which by the way worked for about 50 or 60 years but it hasn't worked this time. but the other thing is, hotlanta fed's gdp tracker model is up to 2.8% for the first quarter. you know, that's almost 3%. that's not nothing. i mean it sure ain't a recession. >> loretta messter repeated that today. this economy is being revised a little bit higher. this defies all the logic from all the economists out there that the economy is healthier than we thought are maybe in part thanks to a consumer that isn't pulling back yet, despite all the inflationary forces.
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larry: steve more, i know you're a big fan of the evs, ev chargers. joe biden inject ad fortune into these ev chargers supposedly in the misnamed inflation reduction act or whatever it was called. right. so my question to you, where are all these ev chargers? >> yeah. i think they have built a couple dozen of them with several billion dollars. larry: a couple dozen. >> this is the question everybody in washington, what happened to all the money? where are all the ev chargers. you joke with me whether i bought my ev yet. it is very, the fascinating thing going on in the auto industry right now is nobody is buying evs, despite the fact they're showering this industry with money and they're showering they say you have to buy these things. it is almost the more that biden pushes them on consumers the more people are saying give me my old-fashioned gas car. it is pretti' amazing we have oil demand around the world as high as it's ever been at a time
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when all biden has been talking about for the last three years we've got to stop you know, fossil fuel use. one other point, we've had this whole discussion on this show and some shows about you know, whether the fed will raise interest rates or not. the single most important thing that washington can do right now to help this economy, i want senator cramer to listen to this because i know he is on my side on this, cut government spending. cut government spending. larry: that is way too easy. that is way too easy. i thought you had a more creative solution. senator cramer, steve moore, i think biden is now, each charger has a billion dollars, cost us a billion dollars. he put in 12 billion and only got 12 chargers. senator cramer the model is broken. the ev model is broken. >> it is very broken. larry: i will give you the last word because you were patient on the stock market. >> this has been great by the way. i would rather do this than just about anything. the model is broken because even
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with big subsidies only rich people can buy an electric vehicle. that is not very many people. they don't work with a hoot in places like north dakota. we don't have a grid that can energize them. we don't have enough transmission. we don't have enough generation. we're closing all the efficient power mans in the country. this is so upside down, screwed up, donald trump can't get in the white house fast enough. larry: the whole story is bass awkward if you know what i mean. the great taylor riggs, catch taylor with her cohost brian brenberg and jackie deangelis on "the big money show" weekdays 1:00 p.m. eastern right here on fox business. all right, folks, coming up big wins for former president donald trump today. he posted his 175 million and letitia james ain't going to get her hands on any of his cash or businesses or assets so there you go. deal with it, madam ag. we'll talk about it with kellyanne conway and a few
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larry: former president donald trump had some very big wins today. our own lydia hu has some of the details. what you got? >> reporter: hey there, larry. the former president posted his 175 million-dollar bond in his new york civil fraud case. that means his assets will not be protected from seizure by the new york attorney general while his appeal moves forward. he is challenging the underlying decision by judge engoron that found him of fraud. trump posted this on truth social. i posted a 175 million-dollar bond with these sadly failing and very troubled state of new york based on a corrupt judge and attorney general who used a statute that was never used for this before. that 175 million-dollar bond is
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less than half of the $454 million that was originally required and reduced been an appellate court last week. knight insurance group is underwriting the bond. i spoke with the chairman of the insurance company. he says he reached out to trump's team to offer help, adding he would offer that bond to anyone but he is happen his business is serving the former president. watch here. >> for us it's easy to do. it's what we do. we want opportunity to expand our business and we feel that the cost justifies it. i wish the politics were not involved with this but i had a chan to weigh the pros and the cons and you think i'm doing the right thing. >> reporter: he also told me that mr. trump secured the bond with cash. if trump does not win his appeal, he will be forced to pay the full amount of the judgment,
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nearly half a billion dollars. the appellate court wants oral arguments in september. lawyers tell me a decision could come as soon as four to six weeks after that. larry around the time of the presidential election. we'll watch out for that, larry. larry: lydia hu, thank you. i don't believe it but thank you ever so much, we appreciate it. a couple additional thoughts from me on all of this. donald trump posted his 15 million-dollar bond. letitia james not going to take all of his cash, his assets or his businesses. that is my forecast. mr. trump had two big wins in the new york appeals court. the appeals judges knocked down the bond from 454 mil to 175. trump then posted it. make it three wins because of the successful trump media stock offering which i still believe shows great support for the former president throughout the country. it was retail investors, not the big boys on wall street, that bought his stock offering. but step back for a moment and look at the big, big picture. just a reminder, mr. trump is
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putting together a new coalition based on typical working folks and their families who want a pay raise, not a pay cut. who want to close the border, not open it up to a wave of biden illegal crime. who want a return to law and order and the support of the police. who appreciate mr. trump's first term tax cuts and deregulation that contrary to biden's constant untruths by far benefited middle and lower income workers the most. these folks work hard, play by the rules. they reject the woke culture. are tired of washington bureaucrats telling them how to live, what cars they should drive, what stove they can cook on, what kind of shower heads, et cetera, et cetera. they favor drill, baby, drill, because they know turning the fossil fuel spigots back on will reduce prices and increase their take-home pay. over half the voters say they are worse off compared to 2020 and that includes young people as well as minority voters. they are sick and tired of biden weaknesses, and america's declining world standing. you can bet mr. trump will put an end to the unfair trading practices by china and others as he defends his america first economy. just today in michigan mr. trump talked about garnering support from suburban women who want to
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see a law and order response to biden's crime wave, a crime wave the democrats continue to ignore while forcing trump to pay hundreds of millions of dollars. take a listen to what he said. >> i'm the only one that has to put up a bond, you know. i put up a bond. i didn't do anything wrong. i had to put up a bond this morning for $175 million. i did nothing wrong. they can shoot somebody, kill somebody, walk out of jail an hour later. how about that, do you think that is a fair policy? that is called radical left. larry: just yesterday, mr. trump gave his top day one priorities to the "new york post"'s famed columnist cindy adams. he said, close that border, and get the prices down. there he goes again. steady as a rock, trump tough. building a winning coalition. that's my little take tonight. joining me now, my dear friend, kelly can conway, former counsel lower to president trump. author of the book here's the
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deal. welcome back. >> that was something. larry: he is going after the suburban women's vote. let's talk about that. >> the democrats think all we all care about is abortion. speak to us from the waist down. only donald trump speaks to us from the waist up. that is where mouths ears, brains are. he wants to appeal to suburban women in full. worry about economics, secure future for their families. they're worried about security and safety now. it is about crime. it is also about the southern border. all of sudden the crisis at the southern border is at everybody's backyard. you see risings concern. they seem to be paying attention to what is going on abroad. they know joe biden brought us into two wars. the big themes going into november are safety, affordability, security, affordability, fairness is a big one. president trump today talked about what was fair and unfair. that's the way people look at men and women's sports. the way they look at the tax code. the way they look eight million people coming here illegally.
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they want to know the government is treating everybody fairly. it doesn't mean equity, equity nonsense equality of outcomes. equality of opportunity, i think people hate the woke stuff. >> it is swinging back. larry: they hate the woke stuff around easter. i don't want to go down that path. you know what i'm talking about. it is so phony. >> biden is ignoring the crime wave. i go a step further. i think he helped to create it. why? defund the police in summer of 2020 is now coming home to roost. you sigh these articles out of austin, texas for example. in austin they proudly defunded the police. they moved $100 million away from policing into public safety. itself an oxymoron. a city council member at the time celebrating is member of congress representing the area. you have early retirements among the police force, resignations, you have people not getting their 911 calls processed in time. there have been articles about this. i think all the shenanigans from 2020 are hurting the democrats now. also on the border, president trump is trite to tell cindy
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adams of "the new york post." this is my first priority. happens to be first priority of the people in the swing states. it is the ninth year since donald trump elevated the border into the national consciousness this will be one of my priorities. he did that to international ridicule and derision. he has many non-trump voters i agree with you. larry: we're glad cindy adams is gotten well. trump is doing surprisingly well among young people. >> yes. larry: biden and his crew can't stand that, they are going best second quarter over that, they're voter registration for young people setting for trump. what you do you think of that. >> the democrats are conflicted, argue, themselves whether they want to continue register people who are not registered by party, because that used to favor the democrats by 20 points. favors them by two point. the difference? donald j. trump. many young people and northern registered say they will vote for him, why?
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he is up about 15 points from the 33% that he got among young people in 2020. in large part because the economy, safety, if you're a young person, you look at joe biden, in addition to feeling you have nothing in common with him. in addition to seeing his ability, acuity and a gillty decline, you look at his policies, this guy thinks he can buy me off forgiving student loans. when will i afford my first home? larry: it is not working. >> it is not working. when can i have afford my first home. it is not working. education was top issue. only time they got excited education was mask up, keep us at our kitchen tables not our classrooms. many reasons young people are not going to biden. a lot are going to rfk, jr. look at five-way ballot. rfk, jr., jill stein, trump, cornel west, biden. in the polls, trump numbers improve each of the six states, nationally because rfk there is to take votes away from biden.
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rfk, jr., said joe biden is a worse threat than donald trump. big deal. larry: we will play that clip later. can we run that clip now for kellyanne? one second. ace production staff. unbelievable team. here it comes. here it comes. it is coming. one second. >> tada, here is comes. larry: don't have it. >> that is what he said. he has family members saying they will vote against him. what they need to realize is, that young people are going to go to rfk, jr. for some reasons but also going over to president trump an larry, young people, hispanics african-americans, women, i just mentioned four groups that trump is doing better than he did in 2020. he doesn't have to get a majority of any of them and still win. he has to get -- larry: peel them off. >> peel them oaf. biden, you tell me one thing biden is doing that will get them all back? larry: how he is messaging now? >> biden? trump.
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larry: trump. i'm saying he is hanging tough. i'm saying -- >> people want a fighter. fighter doesn't mean fighting with each other. fighting on behalf the people. they know he is that way. when they see him in the courtrooms he is fighting injustice. fighting for him. that has backfired. more people are think those cases are politically motivated than legally grounded. that turned around. i said from the beginning i need to keep repeating it, if you're offended by this truth social or that tone you're going to vote according to what affects, now what offends you. that is what we do as americans. you vote according to your own self-interest. why wouldn't you? larry: what is biden's messaging? >> i don't get it at all. i don't understand his message. he has semi smart people around him. i know a few of them. that whole prospect of donald trump coming back and having a second term makes otherwise reasonable, intelligent sane people crazy to the point where they say and doughnut at this things.
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i don't understand their messaging. i don't understand why they won't do something at the border to show they're trying. instead here is what they're doing. talk about people working hard, party of workers. go you one better, larry. what biden is doing at the border letting people in illegally, but when you arrive the hard-working people of america see that those taking the easy route, they come here, they're allowed to stay. they are flying here free of charge. then when they arrive they're getting clothing, housing cell phones, cash. this is not just wrong. and unfair but people look and they say hold on, i'm working super hard and they're taking the easy way. you're rewarding that. sure some people come here because they are being persecuted or assaulted but that is not what we see on the border now. we see people, we see a lot of men rushing the, rushing the fences. larry: these are young, able-bodied men carrying suitcases. >> we don't know who they are, what they're doing.
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larry: arresting people from china. >> all over that's right. larry: i got to get out of here. basically you're saying trump's on message? >> he is on message urges. larry: i agree on that. he. >> i prefer more insights than insults but he is on message. he is projecting strength and determination. he is being very, very specific and solution orrery inted what first day agenda will be. afpi has 200 executive orders ready to go. larry: trump tough. >> i like it. america likes it. biden weak. larry: best in the business. >> biden brittle. larry: coming up biden's border crime wave as kellyanne said out of control. no end in sight. president trump chomping at the bit to fix it. joe biden is the real threat to democracy. we'll play the rfk quote from "fox & friends" this morning. all that with batya ungar-sargon and alec lace on set. i'm kudlow. remember we're available as a podcast, oh, my god.
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larry: well now, former president trump slamming biden's border blood path in michigan today. fox news reporter peter doocy pressed the white house bit. peter is with us. peter, what you got? >> reporter: larry we had a nice chat with john kirby in the briefing room as donald trump is out there starting to call this immigration policy a border bloodbath, what exactly they are doing about the immigration policy here? >> let's get those 1300 additional border patrol agents down there to do their job. >> everybody in this room knows the bill you keep talking about as a solution is dead at the moment. >> says you. doesn't need to be dead, does it. >> the bill's dead. >> says you. >> when's the vote? you. >> ask speaker johnson.
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it doesn't -- >> there are real problems at the border. while that bill just languishes right? the chief of the border patrol is saying 140,000 got-aways, if we don't know who is coming into our country and we don't know what their intent is that is a threat. does president biden agree? >> the president absolutely believes that along that border we do have significant national security concerns that have to be met. >> reporter: he went on to say that they think the u.s. security apparatus in place can detect and address any threats that may be coming across the border into the homeland. the other big headline here, president biden had an hour 45 minute conversation with china's xi, their first chat since november. they talked about fentanyl. president biden asked him to stop helping russia in ukraine and they also had a chat about tiktok. of course the paradox here is that the biden campaign remains on tiktok while the biden white house saying they will
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sign this bill that requires china to divest from it. if the democrat-controlled senate ever brings it up for a vote. larry? larry: peter, do you think, china, buying russian oil is basically financing the russian war effort which, in ukraine is against u.s. interests? and secondly, china buying iranian oil is financing iran's war on terrorism, including hamas on israel, again, against the interests of the united states? i wonder if he asked china to quit buying oil and violating the sanctions? >> reporter: well, based on everything we know about that i would say it helps and it helps but we don't know exactly how much depth they went into considering that john kirby said the conversation was cordial over the hour and 45 minutes that they chatted. so, yeah, we don't know exactly why. they felt like they needed to
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talk today. maybe it is some urgent issue concerning threats posed by russia or threats posed by iran that china might have some influence over but apparently they're just trying to talk more. so like once every five months counts. larry: peter doocy, we appreciate it very much. all right, folks, let's bring in alec lace, host of "first-class fatherhood" podcast. i have a podcast too, alec. very exciting. we can podcast together. batya ungar-sargon journalist, author of, second class. how the elites betrayed america's working men and women. it is out today, picture of it right on the full screen, thank you very much. before we get to the elites and other things, let's play the promised robert f. kennedy quote about joe biden and democracy. i believe it is coming now. >> president biden has done something that no other president in the history has done which is to order the
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media, particularly the social media, facebook, twitter, instagram, youtube, google, to censor his political opponents. if you have a president who can censor his political opponents, he is has a license for any kind of atrocity. that is genuine threat to our democracy. larry: bat i can't, he is talking about censorship, clear and simple, he regards biden as a bigger threat than trump. what do you make of that? >> he started out by saying that on cnn, which i think was incredibly powerful. that is not the kind of messaging that the cnn audience usually gets. it was very powerful for him to go into that liberal audience tell them the way that the other half of americans see this obsession with democracy, and who is the real threat to it. larry: that is an interesting thing for kennedy to say. it runs directly against joe biden and the democratic party establishment is in a a
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tizzy, that kennedy shows the left-wing woman. they think it is aiming at biden. do you think kennedy wantbiden-harris trump to win and biden lose. >> it was honest. i do think he wants biden out there. i believe that in my heart. 20 years ago rfk, jr. he would be the person running for office right now. he would be the nominee. but he lines up more with the democrat vision of future, for the country, not with the maga republicans. so i don't understand anywhere -- i think cnn everybody watched that segment on cnn voted for biden he would lose 10 voters. i think rfk, jr. is definitely going to pull votes away from biden. i think that is the ultimate goal. larry: batya, you don't those elites, do you? you just written a book how the elites let us down. how the elites betrayed the working men and women, without disagreeing one iota, about
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that, why did you write this book? >> my view that this we're constantly told that this country is never been more pole aized than the civil war. i think that is fiction. i spent a year traveling around america, interviewing working class americans, that much more unites us than divides us in america, that polarization is totally elite phenomenon. the elites make money and power telling us to hate our fellow americans, convincing of this kinard, this lie, the truth is most americans are very united. they love their fellow american. they don't believe in hating people over something silly as who you vote for. even on politics there is huge consensus that unites working class liberals and working class conservatives. larry: i riffed on that earlier in the show, alec. seems to me the elites embraced woke and typical working class families of any color do not,
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they do not embrace the kind of woke that the elites did including, you know the issue of diversity, equity and inclusion which is essentially massive affirmative, you know, it is, it runs counter to america's ethos that we are a merit-based society not affirmative action. >> also to batya's point, the families, parents in this country, they don't care about all this stuff. they want to see our kids succeed, be happy, healthy, don't want them to fail. we don't care about this stuff. we want to work, raise our families, go on vacation, see our kids play in sports leave us alone. they are jamming down this throat. the parents are the you know underdog in this country and i think ultimately they will save in november. larry: they would like inflation and wages to go up under trump as they have gone down under biden. outside of the cultural issues,
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away from foreign policy i think that's a a gigantic, gigantic i can issue, give me a raise. >> 100%. larry: this is the first thing you and i agreed on. that is fantastic. >> oh, no. i agree with everything you say, larry. larry: that is not good either. alec, they have want a raise. give you last word. >> obviously if you get a raise the inflation has to come down otherwise the raise is worthless. what if they give you more money if anything at the store costs you more. that is what we're seeing under biden inflation shun. it is crushing families. that will drive people to the ballot box and drive him out of office. the inflation is killing the american family. larry: batya ungar-sargon, alec lace, put the being book up again, we'll sell this thing. she does not like elites. i hope i made the cut. coming up the great mark levin, why is israel only one even talking about iran?
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israeli special-ops veteran aaron cohen will weigh in on that. stick with "kudlow." we don't like elites i guess. ♪. ♪ jardiance! ♪ ♪ it's a little pill with a big story to tell ♪ ♪ i take once-daily jardiance ♪ ♪ at each day's start! ♪ ♪ as time went on it was easy to see ♪ ♪ i'm lowering my a1c! ♪ jardiance works twenty-four seven in your body to flush out some sugar. and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. serious side effects may include ketoacidosis that may be fatal, dehydration that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop jardiance and call your doctor right away if you have symptoms of this infection ketoacidosis, or an allergic reaction. you may have an increased risk for lower limb loss. call your doctor right away if you have symptoms of infection in your legs or feet. taking jardiance with a sulfonylurea
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larry: the great mark levin says the only country talking about iran's terrorism is israel. joining us now to talk about
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that, make some other things, aaron cohen, israeli special-ops veteran. aaron, take a listen to what mark said on his show this past weekend, please. >> there's no reason that biden should be funding iran. he doesn't get any votes for that. there's no reason biden going to the extent he is going to iaea voice to eviscerated government israel. no reason to create a terrorist palestinian state in israel's ancestral homelands that will become an iranian satellite state. if it is he is purposely taking a match to the middle east, purposely taking a match to the state of israel. larry: so, prince aaron, first of all, welcome back. secondly, i was very happy to see that israel took out one of these iran quds generals, maybe
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the top guy, whoever he is. it sort of speaks to what mark levin was saying and speaks to what joe biden never seems to want to do. what do you think, aaron cohen? >> larry, i'm with you 100% and obviously you and i see eye-to-eye on exactly what he said and the general, the irgc general that israel took out, it takes months and months, sometimes years to develop the type of intelligence israel needed to be able to attack the general in syria but that general was responsible for coordinating all of those attacks being conducted by hezbollah from lebanon including syria and so israel got, listen, larry, israel survives, israel's survivability is three factors. it is actionable intelligence. the moment israel has got intel they are going to be aggressive, they have to. the other piece which is really critical, israel has to preempt. we saw it in '67.
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we saw what happened when they didn't do it in '73. so the mossad, shin bet, our internal security service they have had six months now, they're working at lightning speed. they're putting commandoes on that ground in syria to be able to neutralize those terrorists. that was not a night, this was a rook, that was a big hit. israel will continue to that. larry: trump took out soleimani. >> that's right. larry: i would love to see the biden administration do it but they wouldn't do it and israel is right to do it. one other thing i'm seeing in the papers, israel has a completely different view, this news about a big famine in gaza, they are delivering record amounts of food and humanitarian assistance and all they get is attacked by the biden administration, and by the u.n. all right? and why are we risen listening to hamas numbers from gaza hospital, whatever it is called?
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you know it is all bs. >> so, larry, it is really bizarre what is happening with the war with hamas in the last six months in my opinion. in the history of modern warfare i have never ever seen a group like the united nations take up methodologies and data from a terrorist organization. this is a designated terrorist organization. now either they're just completely lying, which i believe they are, or they have no ability to keep track of actual numbers and they are as dumb as i think they are what they're going to be able to accomplish in the next year against israel now that israel is getting tuned up. so it is, it is laughable at this point right now. i don't know why the u.n. continues to listen to hamas. i don't know why biden lets any of that stuff get in the white house. israel will do the job like we discussed. they're doing a good job. israel will make mistakes. but 400 trucks sitting on the border ready to go.
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want to repeat, i think israel taking off the top rating in general, a terrace leader general is a very good thing. and good for israel. that's all. that good for everybody because david asman is up, even for

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