Skip to main content

tv   Kudlow  FOX Business  May 9, 2024 5:00am-6:00am EDT

5:00 am
(birds chirping) - general beauregard has confirmed that a supply ship is on its way to fort sumter. (soldiers marching) - if war the federal government is the result, then so be it. - [soldier] ready! fire! (cannon blasts) - we must take action now. (cannons firing) - men, hold your fire until they come within 50 yards. and when you charge, yell like furies! (cannon blasts) (soldiers shouting) (soldiers yelling) (guns firing) - colonel sherman, press that hill! - yes, sir! charge them now! (guns firing) stand firm, men! (intense music) larry: hello, folks. welcome to kudlow, i'm l arry kudlow.
5:01 am
joe biden's lawfare case against president trump are blowing up every where. greg jarrett will wake us through it. thin joe biden denying weapons to israel. and it looks like he wants to stop israel from finishes the job with hamas. and joe biden has still done nothing to stop the border crisis costing americans at least 150 billion a year. vivek ramaswamy will talk about that. and steve hilton and breitbart's john carney together. we'll talk about strange and wonderful things. anyway, the riff. we'll talk to about immigration, later, to vivek ramaswamy. about that. but, for several months, washington rumor was this president biden would come out with some strong oakse executive orders to stop
5:02 am
southern border immigration, he acknowledged he has presidential authority to do something about the border. president trump used it. to develop programs such as remain in mexico, and title 42 with a partial completion of the carl and trump was able to staunch the flow of illegals. biden, has the authority, under se sessions 212 f . which gives president authority to suspend the entry of all aliens or any class of alien. also there is illegal immigration reform and immigrant responsibility act that was in 1996. which added section 2 87 g to nationality act that gives i.c.e. working with local law enforcement
5:03 am
partners the power to identify and remove incarcerated criminal noncitizens. now so far biden has done nothing, probably hoping it would go away, but it is not. issues polls that 58% of majority favor a wall while a bleur plurality 42% favored deportations with the wall, most important, 85% of americans. greater enforcement of border laws. joe biden has done nothing. jason riley tell us in "wall street journal" gallup poll reports immigration as most important problem facing the u.s. for a third consecutive month. and also last february monmouth university reported pay% of -- 53% of americans
5:04 am
would like a wall on the border, first time number surpassed 50% even when mr. trump was president, the number of 44%. now, some history from jason riley, how earl warren, then governor of california, the greg abbott of his day, warn pushed president eisenhower to launch operation wet back to stop the invasion of illegals which was imposing a massive welfare burden on his state. in mid 1954 in june. went 6 weeks, more than a million mexican nationals in california and texas had been rounded up and forcibly deported. two years later. ike was reelected in a landslide. president trump running for reelection. is looking to i'm plate what
5:05 am
earl warren and eisenhower did with respect to deporting illegals and criminals. today, budget chairman jodey arrington estimated cost of biden illegal invasion to be 150 for things like healthcare, education and criminal justice, i am sure that a low ball. mounting this biden's illegals have been taking jobs away from native born americans, and the surge of
5:06 am
illegals has reduced wages now at campus riots, spotlight has moved away from the open border crisis. but as polls show, americans have neither fore get ern, or forgiven joe biden's failure to act. and that is the riff. now. let's turn to kelly o'grady for latest, for trumping well legal attacks blowing up. >> georgia appeal court agreed to hear former president trump appeal that district attorney fani willis should be disqualified. legal expert say this is a win for defense, even if they lose appeal, simple fact that court agreed to do it, is significant, and keeping focus on fani willis. remember she was originally
5:07 am
allowed to stay on -- ee the election interference case so long as her former boyfriend, stepped down, he did, this ruling is in contradiction to that. what comes next. the appeals court is not back in session until august, which is whether willis had hoped to begin the case against the former president, and appeals process will take a lot of time it could push the date out for months. lawyer that filed defense motion shared this, saying: >> now in majority of these cases joe court of appeals, has attorneys submit written arguments in higher profile
5:08 am
cases they can take oral arguments, this ruling comes on heels of his florida document case postponed indefinitely. we talked about it earlier, does he have another trial over the election. larry: thank you so much kelly o'grady thank you very much. >> let's talk more about this. bring in your great friend gregg jarrett. this looks like this is blowing up, new york fiasco. you have now the immunity my to the supreme court. -- flee to supr-- fle flee to supreplea to the supreme court, and the trials of fan i fani willis in hotlanta. >> like all of these democrat prosecutors threw a
5:09 am
glen grenade on their own cases, alvin bragg case yesterday in new york, it was foolish for prosecutor to call stormy daniels to the witness stand, nothing she said is remostly relevant to the changes against donald trump, she was just call drd called there to slime trump, her testimony was probative of nothing, highly prejudicial, it is inad inadmissible. but you have a bias judge who allowed it. we are 3 weeks into the trial and still no evidence that president trump has any crime. larry: last night was so sleazy. gregg jarrett, the other one that south florida so-called
5:10 am
classified documents case. now, it has been found that judge found from the defense -- but also prosecution, fessed up there was tampering of the documents this whole case is about documents, tampering of the documents out of order and some say that fbi agents may well have pinned or clipped classification, the big yellow classification document on top of other documents, the classified cover, was pinned on to show a photo op which you know ripped through the nation and liberal media went while in at least 7 case its may have been done by agents in charge, now the judge is throwing it out until she can figure it out. we may not see this until
5:11 am
2025. >> what you have just described is planting evidence by government officials to falsely incriminate a target defendant, jack smith is to blame, he got caught tampering with evidence, digital scan of recordings does not max the physical orders of boxes seized by fbi, jack smith had to admit, he mislead the court, i don't see a trial happen anything time soon, if at all, this case could be dismissed over what we have just described. misconduct or dismissed for selective prosecution. or it could be unlawful appointment of jack smith,
5:12 am
larry, he was never senate approved which the special counsel sa sa soot well -- statute requires. larry: the judge is very interested in. and last one, the great saga of fani willis, in hotlanta, turns out appeals court thinks she may not be qualified to oversee this case, i think she has an election. but, what do you make of that story. looking like that will be off into the future. >> well, she is not qualified to oversee you know a hot dog stand. she campaigned to promise to nail trump, which is deeply unethical for a prosecutor, then she compounded or behavior by having an affair
5:13 am
with -- said the other day cheating on your wife having an affair in workplace is american as apple pie that under scores this twisted mentality of these arrogant people and she is in trouble now. you know the fact that appellate court took the case suggests they think that the motion by the defendant on dismiss the case or remove her has merit, it does. larry: wow. all right they may be 0 for 4, lawfare does not work. gregg jarrett terrific stuff, talk soon. >> on kudlow, joe biden denying weapons to israel, and it looks like he wants to stop israel from finishes the job against hamas, we'll ask congresswoman elise stefanik. you can which can kudlow, monday through friday 4 p.m. every day on fox business. for some reason you can't,
5:14 am
please, text your favorite 9-year-old, she will show you how to dvr the show and you will never miss a thing, including lawfare blow ups and fairplay, i am
5:15 am
5:16 am
5:17 am
5:18 am
you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile can save you up to 75% a year on your wireless bill versus the big three carriers? you can get two unlimited lines for just $30 each a month. all on the most reliable 5g mobile network—nationwide. wireless that works for you. for a limited time, ask how to save up to $830 off an eligible 5g phone when you switch to comcast business mobile. don't wait! call, click or visit an xfinity store today.
5:19 am
larry: joining he now john carney, breitbart economics and finance editor on welcome back. we have been apb out for steve hil hilton. one of your topics tariffs are not inflationary. a study from left wing think tank. because trump might use tariffs as a tool to force reciprocity. >> they did not cause inflation they screamed about that when trump was president last time. and we done see it. -- we didn't see it, i tracked month after month the numbers, anything that you could imagine. only thing that i found that went up in price were bicycles it may have been a politicmitt -- met rally tariff phenomenon, for the most part television prices went down, car prices down, we got inflation under
5:20 am
biden. it was not tariffs that caused it but an over accommodative monetary policy by fed and over spending. economists will tell you, if you really pin them down, tariffs condition cause inflation unless they raise the incomes of the domestic population. where is extra spending power going to come from. larry: a good point. you have -- if the fed opened full throttle and flooded the markets with liquidity and money, that would cause inflation that is independent of tariff factor. important to isolate that. other thing, economists, some economists will panic over the word tariff, knowing mr. president trump as a did, cdc see he sees tariffs as a web open to force reciprocity, you deal
5:21 am
with me, i'll deal with you, but if you raise your tariffs, or nontariff barriers, i might have do something about, that the main issue was china, we made lower tariff moves with japan and south korea and australia, the main one was china and china had no reciprocity. >> we saw a lot of manufacturing shift out of china, and china suffered there was a "wall street journal" report that said shine suffered 3 time -- china suffered 3 timings as much as u.s. with tariffs. "wall street journal" is not friendly to tariffs by the way, they did report it was hard or china, they are worried about next rounding of tariffs, they did stiff arm trump the last time, they said not giving in they were counts on next president to come in and repeal the tariffs. larry: the phase one trade deal, no one knows what the
5:22 am
results are. all up in the air, let me move on, cleveland fed inflation now cast for cpi, that comes out next week, looking for 0.4 cpi . annualized almost 5%. if that is the case, that would be fourth straight month of say 4.5 to 5% inflation, what does that mean? >> it is to becoming down. -- everyone said 1 it was coming down, it has not, it is not. there -- if you look at other indicators that would tell you that inflation is coming down, they are not giving you that message, we still have excess savings people are still spending money. i have a breitbart business digest tonight. the fed thinks they have been depleted, they have not, corporate profits, they are way up, feeding
5:23 am
demand, then employment we had a weak number last month, but, it still very high, unemployment is low. that is not causing it. look at housing market. house prices keep going up that was supposed to be the thing that started su subtracting from inflation, the rents are up and house prices are up, new york fed did a survey, they said they are highest level ever after last -- >> fed will stay put. larry: they have to. larry: a fed 5 person said that next move could be a high are rate. there is not rate cuts. only guy who may not know that, is joe biden. joe biden has been hitting the fed to lower their target rate, people say, trump interferes with the fed, joe biden is trying to interfere with the fed. >> i think joe biden actually needs to call janet
5:24 am
yellen on the phone, she meets with the fed chairman. >> [fasbreakfast every friday. >> he has to say, what is he telling you, you have to get president to stop saying we're cutting interest rates. it is making him look foolish and out of touch, every time he say its american people say that guy does not know what is happening with the economy, and therefore he does not know what is happening with me. larry: the media gives him a free pass. biden three times he attacked fed for lower rates, and media does not cover it john carney of breitbart thank you. >> next up. congresswoman elise stefanik waiting in the wings, i don't know, the whole issue of joe biden and israel. not wanting israel to take on hamas and finish the job, that blows my mind, we'll talk with congresswoman
5:25 am
stefanik, an
5:26 am
5:27 am
5:28 am
5:29 am
♪ ♪ welcome to the roots of our legacy. where excellence, comfort, and electricity... are forever in bloom. welcome to beyond. the mercedes-maybach eqs suv.
5:30 am
larry: the biden, israel-hamas story complicated first to tel aviv jeff paul is there. thank you. reporter: a lot of moving parts negotiations picked up today in cairo, working with parties from israel and ham hamas to figure out a future ceasefire agreement that both parties could agree to, and cia chief, he arrived here in israel to speak with top israeli government officials, and military officials. this is happening and israel continues to push on with its ground operations in eastern rafah. i saiisrael says it is to
5:31 am
put pressure on hamas to in part free the remaining hostages. that same report indicates that cia chief met with u.s israel prime minister benjamin netanyahu about possibly suspending that operation in eastern rafah for a hostage release, it would come at critical time. they have reopened crosses for humanitarian aid, life for civilians in gaza remains desperate, crowd continues to evacuate from eastern rafah. fighting there intensifies, many palestinians are packing what they can, but say no matter where they go, they never feel safe. >> the suffering is tough, there is no food or drink. look how many people are here with us. country should pity us, the world should pity us and look at us with mercy.
5:32 am
we have no one but god, no one cares about us. reporter: now another topic likely to emerge during the visit here to israel is this delayed shipment of bombs from u.s. to israel. the u.s. has been a robust supplier of weapons to israel but u.s. has delayed bombs after concerns were raised about how the bombs would be used, they were worried they would be used in urban-dense areas such as rafah. they shrugged off any friction. larry: thank you very much, jeff paul, we appreciate it, be safe. we bring in new york
5:33 am
congresswoman elise stefanik great to see you. i want to go today i'm sure you saw it "wall street journal" lead editorial how not to remember the holocaust. biden has soothing words but still denies weapons to israel. and i am asking, i don't think that this administration wants israel to finish the job against hamas. what say you? >> my take is that every opportunity joe biden has failed to show important is up fsupport for israel we're seeing that today as they limit and withhold military aid package that congress passed on a bipartisan basis, the fact they are tying israel's hands, let's take a step back this is our most precious ally in the region who faced bloodiest day since holocaust when the terrorist group, hamas
5:34 am
committed barbaric atrocities again. israelis, we have to make sure that israel has all tools available and that is what congress control -- volevoted for, it took joe biden months to speak out against assemb -- anti-semitism on college campuses. and he trued to give it lip service yesterday at a memorial service, that is not good enough, that is not type of moral strong leadership that the world is expecting from the president of the united states. larry: i don't understand the negotiations. we reported it, they are going on. i don't know if they include israel. there has been talk about israel has cut. you know, gets back of the hand. i thought that goal of the american foreign policy was
5:35 am
to defend israel and have israel a annihilate hamas, i thought that was goal of american foreign policy, but i don't see, that withholding web opens, phony peace -- withholding weapons, phony peace deals, where are the hostages. >> house republicans are very clear, we stand in strong support of israel we brought the aid package to israel to the floor multiple times as the democrat party has fractured, we know it is being exposed to pro hamas en camps aencampment is now mainstream in joe biden's party weaker not seen joe biden support for israel, they have been apologists for hamas, we need to be clear, i was moved when prime minister netanyahu spoke said if israel stands alone they will, that should never be the case, united states should be the closest ally
5:36 am
with israel as they fight for theiric i existence that is my position in terms of my voting record, and i have spoken out on this issue, we're not seeing this from joe biden or administration. >> you could have fooled my, -- me, i agree with your view biden playing a double game or a triple game, i think it is damaging. to separate topic you and claudia tenney, assistance attorney general a very big job, in over the civil rights bureau, in justice department, cris kristen clark has a history of anti-semitism or sort of planning with anti-semitic groups, she supposedly will defend civil rights laws of 1964, and title 6 and various trump amendments to
5:37 am
laws to stop anti-semitic hate crimes, i believe you or that letter. it doesn't sound like she is the kind of assistanceag thaag too will do a darn thing to punish hate groups and deal with anti-semitic threat, what do you think about this? what is happening? >> you are right. that is why we wrote the letter in our correspondent of having oversight -- our capacity of having oversight. you have a sig a senior level that hayes ha has a history of anti-semitism, that is unacceptable, they need to be removed from that position, exprm t remember the title 6 protection that was a president trumpic on. and biden administration has failed to launch investigations from the department of education for the failure to ensure safety and second for jewish students on the college campuses, you have college
5:38 am
after college, not complying with title 6 requirements you have of an administration who fails to hold them took count, that is why congressional hearings are important. and the question about overall support for israel, let's go to trump administration we have historic breakthroughs of the abraham accord and spa stall worth support for israel and peace in middle east, compared to weak file ire of jo -- failure of joe biden. >> here is the odd thing about this polling, 72% back idf operations in rafah. and also sit 80%, harvard-harris poll. 80% support israel. i don't know what -- who does he think he is
5:39 am
leading? what does he think he is doing deserting our ally, the country could apart from some crazy people who should be prosecuted and are not, for their anti-semitism, apart from crazy, the rest of the country supports israel. >> you are right. that is why joe biden is attempting to appease the growing pro hamas part of the democrat party, which is now mainstream. much of this funding that goes to democrat groups is to the pro hamas pro terrorist encampment on university campuses joe biden has a real political party who what his party has become, turnings their back on israel, they are apollgist and publicly support the hamas terrorist aproosties th atrocities that is out of touch of vast
5:40 am
majority of american people, that and i reasons as we head to polls in november, president trump and republican support make significant inroads. >> yep. elise stefanik thank you, appreciate you coming on, good luck to you. >> thank you, larry. larry: all right, switching gears president biden was in wisconsin today. talking about the economy, edward lawrence, followed him to wisconsin. and is live with some do details. reporter: president biden here in wisconsin trying to promote his spending will create a great economy. president latching on to a microsoft announcement of 3.3 billion dollar for a new a.i. data and i i in -- racine county, wisconsin. >> my investing in america is fueling historic boom.
5:41 am
rebuilding our roads and bridges, develop could and -- do deblowing green energy. >> president biden takes shot at president trump. >> during previous administration, my predecessor made promises which he broke more than kept, left a lot of communities behind like the people of racine. on my watch we make promises and keep promises, we leave no one behind. reporter: but republican political experts say that president's words cannot overcome when people see of day. >> over day. >> important to go there a lot. and we'll see them in both of them in wisconsin a lot. and question getting on be, how powerful is their message, we know is that
5:42 am
number one issue in wisconsin is the economy. people are sour on it. reporter: president on his way to chicago right now. larry: all right edward lawrence thank you so much. >> joining me now vivek ramaswamy. former 2024 presidential candidate, thank you, a word on this biden thing in wisconsin. you look at numbers, manufacturing jobs have not gone up in two years, if you look at supply managers, institute for manufacturing, that has been down over the past two years, joe biden could pour as much money into one plant or not, but story is he is losing the economy to trump b by, 25%age points. >> no doubt, every day people understand the impact it has on them. it is simple. prices have gone up. wages have not.
5:43 am
and interests and mortgage rates have gone up. every day americans no matter what bidenomics nonsense they are fed understand the impact of that in their every day life, it is the two top issues. the economy and il illegal immigrations the border crises is part of the economic crisis here. they are two sides of the same coin, they will be two issues that decide this election and decide this election i believe in favor of donald trump. his record puts to rest joe biden's record. larry: stay with immigration theme. it is crucial, maybe for the moment it is out of the spotlight because of the anti-semitic campus riots, you are right. it is crucial all of the polls show it jodey arrington said it is costing at least 150 billion dollars
5:44 am
so far, that number is rising, and mr. biden, rumored 6 weeks ago, he was acknowledging he could take executive order and make he would but he has not done a single thing. and so the cost the criminality, violence, by the way, as you may know, data is now showing that foreign-born workers, illegals are taking jobs away from native-born workers and lowering wage scales, what do you make it is getting worse not better. >> it is getting worse and fast. it is not just the economic impact. but our national identity and moral, a nation without borders is not a nation, this is something that next president, president trump, i hope the 47 is able to fix
5:45 am
without asking congress for permission or coreo forgiveness. the u.s. president can directly address by enforcing the existing laws. stop funding central america until they stop the northward flow of migrants. and end birth rights i citizenship for kids of illegals and stop funding sanctuary cities, that will stolstop the incentive, it is logical, if we had largest influx of illegal migrants we need the largest mass deportation of the illegals in american history, that will help the economy. and will help our national moral. and replacement for biden and department of homeland security that does its job, instead of undermining lawsuit is a dr great way on preview th -- revive the country. larry: in "wall street
5:46 am
journal," riley wrote about it withize eisenhower's operation, he was a moderate republican. earl warn was governor of california, he be-- both of them worked on deport the illegals, that is was in mid 1950s, they were able to do it. and actually, it was very popular. ike left office with about 60% popularity rating. >> sure. you know, we did it before, we can do it again. if you look at recent surveys last couple weeks 42% of democrats, not independenters on anyoning, democrats, say they support mass deportation policies, as do a imaginety of americans -- a majority of americans they understand we're a nation foundedo rule of law, shame on joe biden and mayorkas for turning their back on the rule of law with the new dang and
5:47 am
rig administration and right people in charge. larry: thank you vivek ramaswamy, take care good luck. >> we'll take a break comings up alabama senator katie britt. how can biden take weapons away from israel. congress just passed bills on this point who is biden for, 6 arou steck around, with kudlo
5:48 am
5:49 am
5:50 am
and they're all coming? those who are still with us, yes. grandpa! what's this? your wings. light 'em up! gentlemen, it's a beautiful... ...day to fly.
5:51 am
5:52 am
larry: joining me now alabama senator katie britt. i want to play sound. this and i think we have it. from president trump -- a week or two ago about israel and hamas. >> you have to get it done, get it over with, get it over with fast, because we have to get back to normalcy and peace. larry: all right, get it done, get it done fast. first senator britt welcome back. i thought sound was coming first but never the less. a pleasure, he said israel should get it done. and i'm looking at is biden administration is doing everything it can to stop israel fro from getting it
5:53 am
done. and destroying hamas and secures any hostages that may still be alive, i don't know what side the bidens are on. >> it is clear, we know what side president trump was opresident trump was most pro-israel president we h from abraham accords to moving emope embassy to jerusalem. unfortunately, joe biden has a different turn of events, a doctrine of appeasement and legacy of weakness, joe biden continues to not only not strand stand shoulder-to-shoulder to you about walk away from israel when they need us most. and the there are americans that are held hostage there, and instead of making sure that the israel government has everything they need to be in a position of strength in those negotiations we cuts their legs out from under them and gives hamas
5:54 am
the upper hand this is unacceptable. it is despicable. but unfortunately more of the same, from his gest weakness out of the white house. larry: you know senator britt. we talk to elise stefanik on the house side. withholding weapons, congress including senate house and senate have passed a supplemental appropriation bill and a prior defense bill giving israel weaponly, how can biden stop it, is it legal. >> you i am proud of leadership of representatives stefanik there in the house both as she held the quote elite institutions accountable for anti-semitism and hate toward our jewish brothers and sisters, she is right with this as well. we had congressional intents, it was overwhelming
5:55 am
in house and senate. that we stand firmly with israel. unfortunately, you see joe biden giving in to pro-hamas wing of his party. what we have do is continue our oversight, both in committee hearings that come in front of us, and through the ndaa we look at fy 25 right now, we have to put mechanism in place that force his hand, i hope it is not too late, what she is doing is -- who he is doing is despicable, creating more chaos instead of calm. larry: senator britt, a plug in for moms act. more opportunities for mother hood. >> yes, we are the party, pro-child, pro-mom and pro-family, supporting mothers and prenatal, most partum and early childhood development simms of -- with their children is is important we proud to introduce it to mother's
5:56 am
day. >> are fabulous thank you very much. >> i'll be right back with
5:57 am
5:58 am
5:59 am
6:00 am
larry: that's it for kudlow, thanks for watching, folks. ♪ ♪

7 Views

info Stream Only

Uploaded by TV Archive on