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tv   Kudlow  FOX Business  February 15, 2024 7:00pm-8:00pm EST

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without the ups and downs. that's working with gusto. larry: hello, folks. welcome to kudlow, i'm
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l arry kudlow. so whole world is watching fani willis and nathan wade corruption saga in real-time. they lie, they are likely to be disqualified, case to be thrown out of court. likely, we'll have gregg jarrett and carrie in a new moments, lara trump will talk about democratic law fare, and 20er 24 election, and bloom off temporary economic rose. retail sales and manufacturing plunged in january, we have kevin hassett. and kevin o'leary and john carney weigh in. let's go to grady trimble who is in dc. it is really lifetime. reporter: what a day for president trump.
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fani willis is seated on the stand right now taking questions from former president trump's lawyers. and it getting heated at times, i want to start with new york, where a judge set a trial date in what could be first of several criminal trials this year for former president trump, trump was in the courtroom when the. judge decided that trial will start on march 25 brought by new york district attorney alvin bragg, the trial could last weeks and trump argues this is part of a witch-hunt against him. >> so it is a very unfair situation, they want to keep me nice and busy, so i can't campaign so hard, maybe we don't have to campaign so hard, the other side is incompetent. they have done a horrible job running this country. reporter: to georgia, lawyers for former president
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trump and his codefendants are trying to derail state's iinterference case against them. wade testified today their relationship started after willis hired him to lead the case, but, another witness a former friend and coworker of willis, the district attorney contradicted this, now as i mentioned lawyers are probing willis herself, and at times she is getting testy. >> i'm i am not a h hostile witness, i very much want to be here. >> not so much hostile but -- >> mrs. merchant's questions are contraries to democracy not to mine. reporter: in another case tomorrow, the judge in that case in new york, issue a ruling in a civil fraud case
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against former president and his company, today a reporter asked former president trump when he will be able to campaign if he is tied up in court so much, he rearetorted high will do it in the evening. larry: i am sure he will and he will do a great job. look at fani willis' body language. tell he me that is not hostile and angry and over aggressive. a couple thousands in fulton county, georgia courtroom, legal and political travesty the fani willis case has blown sky-high. sex, lies and videotape does not do it justice. as a nonlawyer, i will insert word allegation, but the televised hearing answered most as real-time facts. from testimony of nathan wade. eualso real-time testimony of fani willis' former friend and coworker, clear
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there was a rem romantic relationship between wade and willis going back many years, so. for me, willis and wade lied. she was having an affair, she appointed him special prosecutor and jo beg-- >> they were re romantically involved, they went on trips t together paid for by public taxpayer trough, they must both resign and be disqualified from the case, and case should be dismissed and rest should suffer a -- they knew all about it and did not raise their hand to pu publicly object, the whole tale of democratic
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corruption, should be a lesson to the country, that it is time for change. now, wade and willis spent a good amount of time in biden white house, undoubtedly getting coached about how from seed if their weapon i'd -- provide in their weapon size law fair attack on donald trump that is usually at the heart of this investigative journal estimate taibbi spelled it out. high called it a law fare election and noted you on democrats were planning to sabotage the 20er 24 election game. and d to contested election scenarios, they were ready for former president trump insurrection but, mr. trump did not
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insurect. never charged never convicted. the fani willis and wade is just a bunch of dirt and crime and once great city of atlanta. itself has been dragged into lawlessness and crime by left wing progressive democrats. democrats like these look at government not as a noble calling but a way to get rich off of the public taxpayer trough. to use government power to up reto -- enrich themselves, it has become a corrupt party from top to bottom from joe biden to influence peddling and election sabotage and russian hoaxes and throwing dodonald trump in jail for 700 years and lying to public, as a former democrat, many years ago, it wasn't always this way in that party. but the f further left the
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party has gone and collectively embrace of big government socialism the more corrupt the democrats have become, fani willis episode is one more example of democratic corruption ha is no -- that is why it essential this donald trump be elected president to clean the stables and drain the swamp. all right. that is my take. more on this bring in experts carri kupec urbahn,and you have been covering this wall-to-wall. my con delip delistens -- you are good and sturdy your first, am i
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too hard on this, i want them out. disqualified. i think fulton county da office should be thrown out. i'm not the lawyer. >> this is a bad day for the democrats law fare campaign against former president trump, testimony, pro from fan fani willis's friend was devastating for them, it could result from discalculation. the other thing that come up, that is murky, the use of cash. the fact they were paying each other in cash, this is not traceable. but, if they were paying each other back to avoid
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appearance, why would you use cash. you would use annal or an app or something you can point to, this is not a good day for willis, i think that is why she probably stormed out of the courtroom, i think she thought her boyfriend was not doing a good job, she went to takes care of business. whether that proves to be a good judgment call or not is remains to be seen. larry: a woman scorned i don't know. gregg jarrett no one uses cash. unless -- >> no. larry: mobsters use cash, and cartels, real people don't. law abiding people don't use cash, public ser v -- servants don't shell out that cash. >> it makes no sense, this is bizarre, she tried to
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blame it on her dad, saying at one point, i don't know why a black man would want to hoard so much cash but that is what he out the me, i don't know, every all it was a devastating day for fani willis, first witness said that affair began two fall years before nathan wade was hired. and friend s said i be observes that relationship first hand if believed that puts a lie to their sworn statements to the court. puperjury is serious, that would disqualify them, then wade takes stand and makes it a lot worse with absurd statements, i think carri is right that is is why fani willis stood up and volunteered to take the stand from out sit, she was angry and hostile. and she had to be admonished
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by the judge. at one. 15 minutes ago she started scream could at the judge, he bangs the gavel and calls a halt to it a recess. the other lawyers were files into the judge's chambers to figure it out. willis admitted the sethe affair but insisted it did not start until after wade of hired. it does not make a difference. larry: it is a lie. >> it is lie. it does not matter. it is still a severe conflict of interest. it creates an an she vowed s she would never do. larry: i don't care. you know, i don't care if they have an affair. or r romance, none of our business until it is the
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public business, and taxpayer, you know. i am of an age, i remember when atlanta, georgia was a fabulous, growing city. of wonderful place, business flocked to georgia. this was before the democratic machine. this is before it was a collectivist socialist government. the home of the civil rights movement. martin luther king. i could go on and on how wonderful it was, now you have outlying counties in atlanta trying to lead fulton county and succeed. it is so bad because of democratic corruption, like fani willis and her boyfriend. you know, they are lying. this is what matt ta
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taibbi said. from democratic playbook of lawfare and we weaponization. i am sure you have seen it. they have spent a goodly amount of time in white house, what do you think they were doing there? do you think maybe they were talking 'coming up with something to put donald trump in jail. >> an outstanding question a lot of us' to know, i don't think we'll find that out today, why did nathan wade bill so many hours for white house meetings? what were those meetings about? when he is you know meeting with the political -- it and i don't have goat get into all of the why, it obviously bad, but raises questions about house world nation and collaboration --
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coordination and collaboration, we're waiting to hear whether the judge will make the documents available. we have not gotten answers on that yet. >> gregg jarrett, when do you throw the case out? >> well this is a tough one. for the judge. he needs to disqualify willis and wade for their rromantic affair, this is a conflict of interest. if it is so tainted the creation and the procedures in the case, i think it is iincumbent on judge to dismiss the case or send it to a different district attorney office, i think if
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fresh prosecutial eyes looked at it, they would see it for what it is, it is an legally unsound case where willis contorted racketeers statute to try to fit facts like a square peg in a round hole. i think other prosecutors would dismiss the case. larry: all right. gregg jarrett thank you, and kerri we appreciate you coming on the show, a g great initting a. >> we'll take a break, before we will talk with lara trump. and to her about democratic lawfare, and the 2024 election, she will be a big wheel, on the republican national committee, i hope the rnc is ready, they will try to steal the election. you know that. you know that. we'll see more i am kudlow
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♪ ♪ ♪ ♪ ♪ ♪ larry: a little bit more about democratic lawfare weaponization. trying to sabotage the 2024 election, we bring in great
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lara trump, old friend, host of the right view podcast, lara thank you, i know you are very busy. i don't know if you heard the beginning of the show, this is weaponnization this is lawfare. this insurrectionism this is just a pack of democratic lies. they will not get away with it, but we have to be on guard. you are goingfu go, full time on the rnc, have we to be on guard. >> we have to do everything far better than the democrats, we know they don't play the game the way they are supposed to. that is clear to anyone. you look at this fani willis case, this should be thrown out like all the of rift. they have been tainted by politics, this is about election interference, just like every other indictment
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against donald trump, had a spspecial counsel saying we're not changes joe biden with anything, he took documents he was not supposed to have as vice president, you can't take documents and declassify them, only the president can do that because this guy does not have his faculties about him. this guy is the president of the united states, it is horrifying we're in this situation, they should drop the case gain gain -- against donald trump but you see they are not i doing that, yes, we better be on guard and ready to go with most lethal and precise political fighting machine this is a must-win election if we don't win on november 5, i do not believe we have the same country on the other side. larry: we -- we have to clean the stables and drain
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the swamp, time for mr. trump to return. we have confidence in him. when i saw your announcement about republican national committee, you and i have known each other a long while. they are try to steal it. i don't want to be any more ambiguous or more diplomatic, early balloting will happen, president does not like it, i know it. they will do it. there will be harvesting, we have to do it better than they. they will try to sabotage it and undermine it, you know that. it is coming there is a waive -- wave coming, we to be ready, tell me the rnc will get back to the top of its game and fight this. >> i have to win an election of sorts by the committee to becbecome -- co-chair.
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i think that you are right, we better have the best ground game this country has seen, we better be being legal ballot harvesting everywhere we can, the democrats have been doing it whether whether they have done it in legal that is up for discussion, we're d do it the legal way, and every place, voter registration, i know that rnc has trained poll watchers, they are going to go into precincts they will be able to count the ballots we know how many are coming in and going out, we need to be ahead of the curve, you are right we know the funny business that happens. there are millions of americans who look to 2020, they say something was not right. we can live nothing to chance. we have to have people voting early getting their friends to slow the with
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them, we have 10 months to go, it is fullers to ahead, we'll all be working hard. larry: that is it, you know i'm putting my bet on you. i'm happy to hear your name. you know, it is -- you come from pretty good stock, but, i think are you cri cream of the crop, i love having you on there. the friend of mine involved in rnc said we have 400 lawsuit, i don't care how much you have. it is the on the ground game. that is what -- you know actual people, in place. okay. for early ballots and harvesting and effort to -- democrats will try to sabotage, you are tough, we need tough. we need trump tough at the rnc to stop democratic, you see what they do. this is fani willis thing this is just tip of the ice -- berg, at top of. white house is running this they are orchestratingive
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oone of the lawfare weaponize lawsuit, this is terrible i'm sorry, i should be interviewing you, i'm very excited. >> live it you are right, that is all the more reason that this election, we hear every 4 years, this is most important election, people feel the difference right now, not only it the country in sham shambling and world weaker, and des destabilized. donald trump had 180 degrees in other direction with these friends if we allow democrat to get walker -- get away with weaponizing department of justice, like they are trying to do then we're no better than a communist country, we might as well pack it up and get out. >> spot on. lara thank you. we love you, and trump tough.
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that is all i'll say, trump tough. >> go to it. larry: lara trump the best of the best. next up, bloom off the temporary biden economic rose. retail sales and manufacturing both cratered today in new reports for the month of january. so, consumers may be giving upa government spending, we'll have mr. wonderful kevin o'leary and kev kevin hassett and john carney, and mr. trump is up over 30 points in south carolina. likely voters cbs poll, what in the world does nikki haley still think she is doing we stalk -- talk with doing we stalk -- talk with breitbart alex marlow and kudlow returns.
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gerri willis what is cooking. reporter: market staging a rally after retail sales for january came in lighter than expected, 3 major averages in the green at close. let's talk about the retail sales. down 8 tens of a percent in january, lower than economist expectations. traders liked that news that is seen as keeping fed on track to cut rates in june. also 3 regional manufacturer indexes showing improvement in new york fed manufacturing index rebounding from lowest level since may of 2020, philly and midatlantic improving. and interesting note from day's trading. stocks rebounding today without much help from mag 7, most of which were in red except tesla up 7% and met up 2%, the revenge of elon
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musk. larry: all right gerri willis, thank you very much. >> joining me now chew on this. john carney breitbart economic editor, we have mr. wonderful, kevin o'leary. and great kevin hassett. kevin, the numbers today, actually i'll a manufacturing, index was down, manufacturing fell half a percent. it is down 1% from the last year. business equipment investment barely above water for the past year. kevin, you have lousy retail sales number. but it look like the government stimulus hitting consumers may be coming to an end? the so-called biden boom, that was temporary, is it
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over? is or what? >> well, you know i think you know this. there are parts of country in january where sun never comes up. and that is what the january data are like for me. the seasonal changes are so massive that when i see big numbers, positive or negative. i'm always scratching my head, wondering if will reverse in february, market has had a crazy few days because it is reacting to january data. i think that the economy not as strong as it looked a week okay, -- week ago but gdp says around 3%, i think that economy is stronger than i expected, give up the terrible policies. and i would say that this is really food for thought. something to watch out for, there are cracks in labor market, maybe the recession we talked about a year ago is happening.
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one month of data in january is not a lot of evidence. larry: fair enough. people were surprised. john carney, i know you follow it, this is odd, you have higher than expected inflation and lower than expected consumer spending. >> making sense of this we see goods de plflation in last cpi report, retail sales date all goods, there is restaurants in there that is up services part went up. but all of the, when you see the low number for retail sales, you see is the price action. people are still buying things but they are lower in price, i think you saw a lot of january clearance, a huge inventory build in december. i think you saw this come out this will lower retail sales because it is a nominal figure. larry: kevin o'leary, as you
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travel and you make and assess your investments, i don't think that, side of this story -- business side of the story has been good, i concede overall gdp, why and massive government spending, and consumer side. but how do you see it, some people think we have been in a business recession or a plplatt line. >> bet -- flat line. >> better to look at it as capax slowdown. you look at 60% of the economy. i am an advocate for small the business, they are having a hard time borrowing money, part is regional bank story, but every couple of months you get another one, that loan book has shut down. here in new york, you know community bank, same story. that is happening in 4,000 other locations, my company complain about cost of
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borrowing they are dealing with the gray market, usually, it is much more expensive. they are borrowing at 9 to 11ers, but they are not getting anything out of regional banks that is why you see a slowdown in manufacturing, if you can't buy that machine or borrow to advertise it, you don't buy it, you live off when you already have, a valid case to be had. in months ahead i think we'll get more failures of regional banks around office space and commercial real estate. larry: new york fed survey a week or two okay credit card delinquency rising and automobile loans, not yet mortgage rates. that can't be good. >> no, in a matter of about 9 months, you went from 18% interests to carrying cost
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credit cards, to some cases 25%. so,. larry: some case close to 30, cud kudlow family will tell you that. >> you have a whole generation of people, saying wow interest payment is more than what i spent on coffee. >> another reason that delinquencies are troubling, they are not much higher than normal but unemployment this low, that is troubling. we should have low deli quincies if everyone is working. >> fani wi f fani willis pays all cash. >> a story up, breitbart ? zone abide e,. >> the bidens are so proud of the economy who numbers come out in the morning, they don't want to wait an hour, they want to go out in a half hour, and maybe push the markets.
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this started -- one hour rule started under reagan as you tracked it in 1985, we had to deal with this for many years. does it matter they wait an hour or a half hour? should we look ascance. >> just look at how much you know carney and o'leary know about the economy, the fact if white house comes out with retail sale numbers saying something ludicrous, you will be red meat for brbreitbart. there are a lot of career staffers at omg and ca t eevarks that un -- that understand the nuances of data. i think that having larry kudlow on tv a half hour after the instance response
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guys will not have a political affect. larry: i don't think it ever -- >> i supported it, i gave him a quote, i said i think our team will be better, and think ahead. next january, kudlow's you know minions will be on tv a lot. and having them out there in a half hour will be good, stop the negative slant. larry: john carney and kevin o'leary know more about the stuff than we do,. kevin, fav -- favorite investment. >> i am staying long equities, i am still bullish on the economy. i tell you what i'm most interested in, biggest gains came from mid caps, a subset of russell 2000. why? because 50% of the market, has to make bets for next 24 months assumes a regime
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change in washington a 50/50 chance to a less regulated domestic economy, those companies are all domestic revenue, you deregulate. including energy, you want to belong now -- long now before the market figures you on regime change, look at, energy such a -- >> i have to get out, john carney, federate cuts? >> no, everyone is over interpreting this fed they are not cutting in march or mayor june. larry: narc set too hot, you are right. >> kevin o'leary, kevin hassett and john carney, thank you. >> switching gears donald trump up over 30 in south carolina based on likely voters, from cbs news poll, joining us now alex marlow editor in chief of breitbart news and ned ryun of american majority. ce-- something, the ceo?
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alex give me some wisdom on this insane -- i want to talk about why nikki haley will lose south carolina.. insanity of fani willis and her boyfriend prosecutor, and lying and democrats corruption. you know alex, that democratic party was not always this bad. as it has become a big government socialist collectivist party it is corrupt through and through now. that is my take. about what do you think? >> this is whole nature of politics right now, in america, unfortunately, if you areo the left you request get away with just about everything, we were laughing that cnn promoted a reporter, who is a main russian hoax in in instigator, here career will
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be fine. now she say household name. larry: that is something. >> ned, 65 trump, 30 haley, nik likely primary voters in south carolina. coming up in end of february. what is nikki haley doing. taking pot shots at donald trump for what? >> i have a couple theories. useful of the left that hates trump, no word in which nikki haley will be g.o.p. nominee. she the get crushed. and on march 5, super st tuesday, 16 states it could be impossible in regards to delegates, it is obvious she will not win. i would remind people, she is funded by reid hoffman and supported by the kochs
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the people that hate trump. we want to see that happen sooner rather than later, we have to win in fall. but i have a theory that's she might be staying in as we've been talking about lawfare in hopes somehow lawfare will take out trump and she is last one standing that would make her repulsive to republican voters or maybe she is auditions for a biden cabinet position, none is good. larry: it would help biden not her. the s spectacle of fani willis trial or, the world is watching and lies and aggressiveness and anger. to me, alex, the country sees that we have got to have change. we cannot allow our system to be undermined, our legal system, our justice system. living off the of taxpayer
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trough. tell me i'm wrong. it seems that the spectacle of this everyone is watching this court show. >> this is all part of the political system. the justice system is now every bit embedded. we see it wait d donald trump has been treated and joe biden gets get away, i am concerned with federal charges against donald trump, people are sleeping on this, if they are typed just so, trump gets convicted, at the specific moment where people are going to polls that could affect him politically. it will be a temporary thing. people will bounce back but if they time it just right. we might miss it. larry: that is a good point. in short-term. he might be vul vulnerable. and joe biden might be, alex m marlow and ned ryun
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thank you. >> coming up, we're letting 16 million illegals, determine our congressional seats? and our presidential electoral college? really? we will ask house majority whip mr. tom emmer from great state of minnesota, when kudlow returns. r my retire. the second best? stay healthy enough to enjoy it. so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement. that's the value of ownership. if you try vaping to quit smoking, it might feel like progress, but with 3x more nicotine than a pack of cigarettes - vapes increase cravings - trapping you in an endless craving loop.
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larry: question for you, why are we letting 17 million illegals deliver our house seats and electoral college for president, i don't get it tom emmer from minnesota, good to see you. january 2021. joe biden executive order that u.s. census bureau factor in all residents. legal and illegal. and then as you also know, that will determine the volume of house seats and electoral college for president. i would suggest, you want to stop this, but i have not heard much about it before today. >> well, larry, thank you for having me. this is o outrageous, we cannot get our democratic
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process bey distorted by biden's border crisis, house republicans will continue to stand up for election integrity, not just about congressional seats but the next election, make sure that people that are citizens that have the right to vote are voting, not people that should not be in polls, dis torting the outcome of the races. larry: they told, this executive order the beginning of his term, january of 2021, this was open borders. you could probably over turn it if you had a good republican president in there but other than that, next census is coming up in june. this is as of june 2023. you have to change this. this is, they are talking about roughly a dozen seats, maybe it will be more by the time. i think -- no, 22 seats, i big your pardon. 22 seats tom emmer.
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>> larry, under the trump administration they were making fixes to se s -- census bureau in the way they count citizens, to everyone and anyone whether they are here legally or not that changed when this administration same in, we were expecting to pick up more seats in arizona and texas, to lose seats in blue states like minnesota. guess what, after they change the internal operation of how the census is counting payment, minnesota kept a seat, arizona did not benefit the way we thought it should same with texas, we need a republican president, it will be donald trump, we have to have senate and house, there are serious things that have to be done here to put us back to track? thank you, tom emmer. >> time is short but thank you so much. >> i'll be right back with
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hey! sarah! if you had to choose would you listen to elevator music all day or deal with payroll compliance? payroll compliance, for sure. gusto automatically calculates and files my taxes for me. hold up, compliance? easier? choose payroll compliance without the ups and downs.
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the virus that causes shingles is sleeping... in 99% of people over 50. it's lying dormant, waiting... and could reactivate. shingles strikes as a painful, blistering rash that can last for weeks. and it could wake at any time. think you're not at risk for shingles? it's time to wake up. because shingles could wake up in you. if you're over 50, talk to your doctor or pharmacist about shingles prevention. larry: that's it for kudlow, thanks for watching, folks. discretion is advised. [siren] (singing) bad boys, whatcha want? whatcha want? get out now!

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