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tv   Kudlow  FOX Business  March 28, 2024 4:00pm-5:00pm EDT

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swan event? you. >> know that's hard to do. we really manage our clients for long term. when you do make adjustments you have to look at other factors like taxes and all of those implications. so normally i recommend diversification. if people are nervous, keep a buffer in cash, right? you can get 5% in money markets these days. that is attractive rate of return. liz: short term t-bills. >> cds. liz: starting with the number five. great to have you, eric. thank you so much. have a lovely holiday weekend. here goes the bell. [closing bell rings] as we close out the quarter all major indices claim wins. fox business open for programing. big inflation out tomorrow. powell speaking. so tune in. "kudlow" is next ♪. >> david: hello, everyone, i'm
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david asman in for larry kudlow. tale of two presidents in new york. joe biden enlisted former president as barack obama and pill clinton to fund raise with him at radio city music hall for a star-studded affair. a far more somber occasion, donald trump attended the wake for nypd officer jonathan dillard. he was killed on monday night during a traffic stop in queens. the priorities and contrast of the two occasions and two presidents couldn't be more different. we'll talk about it with steve hilton and doug collins in just a moments. first fox news's nate foy has latest on the scene here in new york city. nate? >> reporter: david, good afternoon, we are expecting some protesters to arrive here outside radio city music hall momentarily. i say that, because two separate groups are meeting. one of them south of here at bryant park. another south of here at a separate park called bellview park. they're meeting at 5:00 p.m.
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both groups will be marching here where the fund-raiser is held with president joe biden and former presidents barack obama and bill clinton t already raised this event $25 million according to the biden campaign. take a look at this video as president obama landed in new york with president biden today who again is expected to face protesters like he did earlier this week while making a speech in north carolina. watch this. president biden: deny coverage. [people shouting] president biden: they have a point. we need a lot more care into gaza. >> reporter: david, you see anti-israel protests here in new york and washington, d.c. as well as san francisco. this week the u.s. chose not to block a u.n. security council resolution calling for an immediate cease-fire in gaza. that israel to canceling delegation visit to the u.s. there tonight will be a discussion between presidents biden, obama, clinton, moderated by talk show host stephen
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colbert. there will be musical performance by queen latifah and lizzo. president trump attending wake of murdered police officer, jonathan dillard. trump communication posted on x, president trump will honor the legacy of officer diller, paying respects to family, and friends and nypd the three stooges, obama, biden, clinton will be at a celebrity fund-raiser with out of touch benefactors. tickets range no $225, to $500,000. the 500,000-dollar ticket get you into the main reception after the main event that also can get into. if you want a picture with all three presidents it will cost you 100 grand. david, in light of the horrible killing of the police officer has there been any mention?
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is the president going to mention anything, a tribute to the officer jonathan diller at all tonight? >> reporter: we'll have to wait and see, david. cameras as far as we know right now we won't be able to actually see this discussion, at least in real time. we'll see what comes out of it afterwards but, we'll have to wait to see what the president as well as former presidents obama and clinton say during that conversation with stephen colbert tonight. larry: i should mention we'll play a tape of later. the mayor of new york did pass on the president's condolences to the family. it was very much a secondhand sort of toss-off. nate, thank you very much for that appreciate it. david: we'll go to bryan llenas outside of the funeral home.
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we'll play the sound bite of mayor of new york city passing on his condolences to the family of jonathan diller. go ahead of roll tape. >> our hearts to out to the family of slain officer. i received a call from the president a few moments ago sending his condolences. i would relay those condolences to the family. david: for more on all of this, let's bring in steve hilton, fox news contributor,ing to you collins, former georgia congressman. thanks for being here. steve, i want you to be here first. this is lot like the border president, both presidents, current and former president had, i believe it was the last day of february where you got a chance to contrast two presidents basically the same subject. i know president biden will not be talking about this issue. he wants to avoid issues don't poll well on tonight at the
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fund-raiser but how can he avoid it? >> he has got no shame and he has got no decency. that is the basicken here, david. it is absolutely disgraceful. for him to phone eric adams, please pass on my condolences, giving him the brush up, the reason they're embarrassed, their policies led to this situation arising this and so many other cases. people who should never been here in the country in the first place harming americans. in this case causing the death of an american per beer receiving the family. president's trump remarks outside the wake, clearly moving. he was clearly moved. david: they were. >> it was a very powerful performance there. he knows what the american people expect. they expect the government does the basics of keeping people safe and especially keeping the people who keep us safe safe. police officers, and there is no question who stands with our police in america today and who doesn't. the public will see that very
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clearly. david: doug, former president trump's comments i thought were extremely keeping within the situation. he was not really taking advantage of the situation for political gain. it seemed it was a very intense, momentary reaction to what had happened. i think, do we have a clip from the president's comments earlier in the day at massapequa? if we do, yes we can roll that. then i want to get your reaction. roll that tape. >> we have to tough init up, strengthen it up. it should never be allowed. things like this should never take place, take place so often. these incredible are devastated, they're devastated. they have a tough road. it bill will be a very tough road. david: doug you look at former president's approval ratings on crime, the current president's approval ratings are way down. the former president's are up. they will be improved by this. this is not an issue on which the democratic party has any standing at all right now?
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>> no, they don't and you agree with steve, very weight of what he said was very on point. as the son of a georgia state trooper who served 31 years, this hits home for me and someone who served in the military and others it is a family. president trump hit the proper part. the family has to pick up the pieces go on this, for the president basically to phone in, president biden to phone in sympathy call is terrible and really frankly though, if you didn't see it earlier, karine jean-pierre from the press podium wouldn't name the officer's name quickly pivoted to gun control, what the president has done about this. this is criminal. he shouldn't have a gun to start with. give me a break. she ought to be fired. that is inexcusable. see the biden administration reaction and pandering to the left, and president trump basically very somber comments in front of the funeral home was
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very telling. david: steve, another reason they may not want to talk to it, it relates so closely to the migration problem. there is so many of what is happening at the bored relates directly to crime not only national crime but international crime. you have people coming in from china. you don't know why they are coming in. you have criminal gangs coming in from venezuela. in fact the former president trump has categorized that as migrant crime. that is sticking, isn't it? >> yes. because it's exactly right. and that's what's happening in is the direct result of these policies, these open border policies. we have enough crime already in america. we don't need to be importing it and reimporting it. often you have people here illegally, criminals who enter illegally, that is another crime. they commit a crime. they are sent back. they come back again. when they are rearrested completely throwing book at them, that is federal crime there, they come back over and over again to commit crimes over
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and over again through this completely open border. it is an absolute outrage. when we see a situation like this, it is incredibly important we hold these democrat politicians accountable. david: right. >> because every single one of these crimes is avoidable and should have been avoided. david: doug, the point it is policy that is making things worse right now. >> yes. david: it is policy in the past that has made things better, for example, when rudy giuliani imposed the broken windows theory on new york law enforcement it increased, it improved the situation enormously. we went from 2200 deaths every year down to 400 t was, the biggest drop in crime we have ever seen. not to mention the effect it had over all in the city in terms of making it a more liveable place, increasing tourism, increasing business in new york. all those areas it improved. it is not just new york. chicago we had this horrific case of an 11-year-old boy who was trying to defend his
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pregnant mother who was stabbed to death by a perpetrator. just like the guy who shot the cop in new york city, this perpetrator allegedly, alleged perpetrator had committed many crimes before. he had a huge rap sheet but he was let out because of this new law that they have in illinois, governor pritzker when he announced the new law last august after he signed the bill, he said the following, i will get your reaction. today i will sign legislation focuses on our mandatory supervised release system on creating successful outcomes for those who were formerly incarcerated and improves the safety and peace of our communities. well first of all it's a no bail law that is on steroids. it's even worse than the new york no bail law. and we see clearly it has done nothing to improve the safety of the citizens? >> exactly. someone who worked on criminal justice reform issues most of my career in congress, working with
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donald trump, working across the aisle with democrats on this, the first and foremost of anything dealing with crime your safety and your accountability for crimes committed. that's working with our police, working with our investigators to make sure not only is crime prosecuted but that the people who prosecute the crimes and also investigate the crimes are properly taken care of. then you work on a system that actually rehabilitates, you put them back in the system. without the first step, what the governor of illinois failed to realize was, is that you cannot have non-accountability. you cannot have a situation which known people of violence are let back out into situations where they can reoffend. these are situations which republicans should take the lead on. republicans know how to do this. we're willing to work to make sure our cities and country is safer the right way. the idea that you let everybody do what you want to do, that will be the key to it, you're simply pandering to a bunch of voters, that is exactly what the biden administration doing with so many issues from immigration
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to crime, to israel, gaza, that's when we see. david: steve, beyond pandering they're lying about the statistics right now, claiming that blue states don't have the same crime wave in red states, because the fact we have radical d.a.s in the blue states who are not reporting crimes. people i think know what they see. people know what they feel and they're used to having now the government lying about the statistics. will democrats get anywhere with these canards they're putting out about crime stats? >> no. because it is just like when they keep trying to tell you the economy is doing great. david: yeah. >> you look at biden's approval ratings on the economy. they know what is happening in their life. they don't believe all that spin. the same with crime. the first part they're fiddling around with the statistics, dividing up counties and cities, states trying to get to a number that makes them look good. reality exactly as you described. because of endless pro-crime policies where d.a.s, to in
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los angeles, in california where i am, clearly saying we'll not prosecute all the crimes. whole long list. he comes into office here is all the crimes they're not going to prosecute. first of all those prosecutions don't happen. more than that, the police get demoralized what is the point responding to calls when they know it will not result in any sanction or accountability. that demoralizes the police. they don't go out. they don't stop the crimes in the first place and the whole system just collapses. that is what we're seeing in the far left districts. david: that is doug, final point to you, got to be quick that is something president trump really stuck on was we have to have a new way of looking at police in this country from the old no police or defund the police movement to new respect for these officers who are dying as a result of these horrible policies? >> it is. it is also and again the think the most point he pointed out he mentioned family today. there are family members that send loved ones out to protect
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us and they need to be protected as well, thank you very much doug and. what is wrong with this picture? american ceos flocking to president xi to mingle for business in the economist country. really? how should the biden administration respond to one of our biggest adversary wooing our business leaders? we'll ask former secretary of state under donald trump, mike pompeo. he i nams next. and ask for something for memory, i recommend prevagen. number one, because it's safe and effective. does not require a prescription. and i've been taking it quite a while myself and i know it works. and i love it when the customers come back in and tell me, "david, that really works so good for me." makes my day. prevagen. at stores everywhere without a prescription.
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had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. amid the growing threat from china, american ceos flocking to beijing to mingle with xi xinping and the ccp. what is wrong with that picture? joining us mike pompeo, former secretary of state donald trump, fox news contributor. great to have you there. there was business going on, a lot of effective business between the united states and china under the trump administration, particularly when china was buying all the products from our farmers in the midwest. but this is, this is a little different. china is doing much worse than it was. it is in a economicdown spin right now. what do you think of the ceos going over there? looks like they're trying to
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bail china out? >> thanks for having me on. for the last 50 years american policy had been to encourage the same business people to go over to china to do business. sadly xi xinping has changed the nature of the chinese regime. so i tell these leaders, middle manager ceos, everyone who works for the companies doing business in china, you're next. when xi xinping tells you it is a win-win transaction, he has stolen more intellectual property than any human being in the history of civilization by dollar value. he undermining them, outcompeting them, destroying american jobs. be wary. understand if you're on good terms with chinese leadership today, the day they no longer need you the day they will come after your intellectual property and your employees as well. david: sounds like new york city. that is a whole other story. maybe we'll get into that another time. a lot of places are wondering if
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this is the place to do business. they keep coming, i wonder what the lure is in in fact china's economy is down, they're buying less, producing less. they in fact have the opposite of our inflation problem. they have deflation there so they're not able to sell as much as they used to. is there still enough of a middle class in china so that it's within their business to do gist with -- do business with china? >> it is a couple different things. some manufacture in china and make in china. so they have big capital investments there. frankly that seems fine to me. some of them are there because they are looking for new markets. i suggest there are other markets that can provide value to the company without the risk. you see that in sourcing out of vietnam, other parts of asia, companies moving out of china. some folks will tell you they were there to placate the chinese government for the day they can actually get out. they are there as exercise in
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smiling while they transition their company out of china. i think probably a wise thing for them as fiduciaries. some i think are engaged in business there that actually has national security implications and it is those leaders that need to hightail it. david: right. >> we can no longer engage, we can no longer engage with the chinese communist party on dual-use technologies or things that matter for the american supply chain and american national security. for those companies weapon need to help them by making it unlawful for them to do business there. frankly the biden administration has done some of that. same way we did that in the trump administration. batch balls, blankets, that kind of thing that is a totally different commodity. we have to make sure we get the first part right, the things we really need to control here in the united states and get those out of our adversary's nation. david: i want to talk about israel, one more quick one on china it has to be a quick answer. you see all the chinese coming across the border. huge increase in numbers, from hundreds to tens of thousands. how much do you think is
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calculated by the ccp? >> nobody leaves china without xi xinping knowing it. they have perfect information and perfect control. david: what do you think xi wants his people to do here if they are the ones who are orchestrating this? >> i would say there are probably several things. probably he want people to get rid of, bad actors, criminals. some will move fentanyl. they will be part of the cartel efforts to move money and drugs into your country. some handful, i'm confident he is using for espionage or propaganda inside of our country. i fear worse. some of them will work alongside terrorists and some day we'll have a really bad day inside of the united states because we have allowed these polks to come across in ways we don't even fully appreciate yet. david: let's switch to israel if we can. you hear comments coming out of this administration, we heard it from vice president harris, getting very close to claiming
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israel is committing genocide in gaza. how much closer is the biden administration actually cutting our ties with israel? >> first thing i think of the matters the most everyone who is watching needs to know this is fundamentally you too. israel has conducted their defense of their nation in a way that is deeply consistent with how good militaries, how western militaries fight. so i, while i'm sure there is a handful of bad actors know this, we should all know the israelis have done an enormous amount of work to protect civilians there. it is hamas and iran put civilians in harm's way. the predicate for this whole problem is fundamentally false. she should be ashamed of herself. she reads the intel an she knows better. second the damage that is being done to this relationship is enormous that matters not only to israel. it matters to the american people as well. unsecured jerusalem, unsafe israel, unstable middle east presents a lot of risk to the united states and that will come
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back to harm us in ways that i think this administration doesn't understand, that if you don't protect american interests by having good partners and friends and defend them when they're in the time of need as israel is today, that will come back to haunt the united states. david: they're pushing me to a break but i have to ask a question about the deep state and its, how deeply it is embedded into the state department. i know you tried to move some of that out. clearly you weren't able to do it. we just had this one, a foreign affairs officer who quit the state department and she wrote an article for cnn talking about how she was essentially on the side of what amounts to hamas. she wrote a piece saying why i'm resigning. so many of my colleagues feel betrayed. i write for myself but speak for many others. how deeply embedded in the state department is this deep state contingent, and is it possible to get them out?
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>> i will answer quickly as i can. first imagine this, she is more pro-hamas than the biden administration. that is a remarkable statement. second it is deeply embedded there are a group of establishment foreign policy people there simply do their own thing. don't do what presidents and secretaries of state asked them to do. i struggled with it. it was difficult challenge. we made a dent. there was awful lot of work to do. someone with six years, eight years, determined to bring in the right kind of people to bring in america's work, it can be absolutely fixed t will take real leadership, enormous amount of political capital and a spine of steel. david: secretary pompeo. thank you very much for being here. good to see you. have a wonderful easter. appreciate it. >> thank you. great to see you too. you have a wonderful easter as well. david: to no one's surprise more than half of americans feel financially worse off than they did before president biden was elected. so how long will it take to get inflation back uncontrol?
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david: so most americans say they are worse off than they were four years ago. so why does president biden keep telling us how good our economy is if people don't feel it? edward lawrence live from the white house with more on this. >> reporter: david, the reason people are feeling this price, higher prices. some respects the economy is doing well. you look prices up 18 1/2% since president biden came into office. that is what registered voters have attached "bidenomics" to, those higher prices. president moving away from the term. he only said it once in the past two months. in october he said it 14 times. "fox news" polling show 2/3 of registered voters see the
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economy poor or fair. within that number, 86% of independents view the economy negatively. you need independents to win in november. yet this is what americans hear. president biden: they're not making fun of "bidenomics" anymore, thinking maybe it works to build from the middle out, bottom up. wealthy can still be wealthy. >> reporter: working americans struggle to pay higher gas price. prices inched up the past month. 61% of registered voters say the economy will be very important how they vote coming up. listen. >> if you deflate retail sales by prices, you're looking at unsales that have stagnated. they have literally not increased at all for two years. so the strength of the consumer is really inflation illusion. it is not that they're buying more stuff. they're just paying more for the same amount of merchandise. >> reporter: look at this
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number. vast majority of registered voters 38% president biden has nothing in accomplish meant in first three years in office. latest gdp growth said it was 2 1/2%. that number is driven up by government spending. government spending more than double what consumer consumption is. spending doesn't look like it is letting up anytime soon. david: edward, thank you very much for that. for more, let's bring in steve moore, committee to unleash prosperity hotline and host of "moore money" on wabc radio, kevin hassett former chair of council of economic advisors, distinguished fellow of from the hoover institution. author of book i stole out of larry's office, the drift. he doesn't say he just read the book, it is very well dog eared because i'm reading it now.
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how much of the growth and job statistics we're seeing every month, even though they're downgraded they do look pretty good at first print, how much of all of that growth is the result of government spending as opposed to what the private sector is doing? >> going to me first? the thing i like to look at, don't like to look at but the way i like to characterize "bidenomics" is just this, that if you go back to 2019 right before covid, then look how many more people are working today, then it is 2.3 million people working today than were working back then. but to get to 2.3, we created 3.3 million jobs for illegal aliens and a million people who were in the country in 201019 have left the labor market. how did we create those 3.3 million jobs for illegal aliens? we borrowed money from the chinese. last year we borrowed more money, government debt held by the public went by more than the increase in nominal gdp.
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so we're borrowing money from the chinese to give jobs to illegal immigrants. that is what "bidenomics" is. i'm happy to talk with president biden about "bidenomics," because if you look at the facts, that is what he has done. david: steve, all of this has a consequence, the consequence is what we saw in the poll edward had. 86% of independents feel they're worse off now because their lives are pull down. the cost of everything more at the grocery store. the cost of buying really big-ticket items if you have to borrow money for, the lending costs are through the roof right now. so their daily lives are bad. i want to put up something again. we talked about this before, the president's misuse of stats saying things that just aren't true. he came out with a tweet couple weeks ago, x post, donald trump enacted, excuse me two trillion dollar tax cut that benefits the very wealthy and biggest corporations and exploded the federal deficit. under my plan nobody making less
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than 400,000 will pay an additional penny in taxes. point in fact the cbo shows that total receipts from taxes between 2017 which is about when the tax cut went through to 2022 is up 48%. we have received more than 48% in tax receipts because of the trump tax cuts. that's a huge amount of increase. so all of the deficit explosion we've seen is a result of spending, has nothing to do with taxes. in fact it is just the opposite. >> well that's right. by the way great tie, today, david, i love it. david: thank you. >> let me say this. i think that if you look at these statistics it's very clear why the majority of americans say they feel that they're worse off financially. you know why, david? because they are worse off. if you look at wages and salaries, they're up about 16%. inflation is up 18 1/2%. this isn't complicated math. the average family is somewhere between 2000 and $2500 poorer
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than they were in real inflation adjusted terms than they were when trump left office and biden came in. that's is the point i think donald trump will have to hammer day after day after day. are you better off today than you were four years ago. it is not like, it is so interesting because the democrats keep saying gee we have to sell our message better. we're just not communicating their message. it is not their message. it is their policies. their policies are tax-and-spending regulate, to after big businesses, you know kevin hassett, the guy who formulated the tax cut with the help of myself and larry. it was based on kevin's models, when you cut business tax rates make america more competitive, you bring more jobs to the united states. that's what happened. and one last thing, how in the world is it america's business to have higher tax rate on our businesses than china and russia
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have? it's crazy. david: the other thing about biden's statement, kevin, it is not true. that it all went to the richest corporation. 64.8% of taxpayers received a tax cut. even "the new york times" admitted that in 2019. something that benefited the broad majority of americans. if they go back up, raise rates again no matter how they do it, it is middle class that will pay the piper, right? >> that's right. you know, if you go back and look the business side what president biden is going after was almost scored by the joint tax committee at a static basis as revenue neutral. they had braise broaden on international side where they cut the rate from 35 to 21. corporate tax revenues were double before the tax cuts. business side tax cuts for the wealthy were actually revenue neutral. the number citing, 2 trillion,
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is refundable child credit he supports. it is not giveaway to the rich. the while house is supposed to fact check things. he is going out giving speeches with lies in them. people are signing off on that. i would never have done that if i were in the white house. david: kevin, steve, wish we had more time. gentlemen, have a wonderful easter. switching gears now let's talk about the migrant squatter epidemic we're seeing throughout the united states. joining me leo terrell fox news contributor and civil rights attorney. leo, so glad to have you on this topic, almost as big right now because it's the american dream to have your own home and to have it be protected because of our property rights which is at the base of the american dream. we have property rights in america that no other country has but it is slipping fast. it seems that it is slipping far more quickly in democrat states than it is in republican states. am i wrong on that? >> you're 100% correct.
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if you want to protect your property rights, got to get out of new york and l.a. and california because it's happening. what is happening david, is that illegal aliens, they're gaming the system. migrant did a youtube video or tiktok video telling people you can occupy someone's home when they leave. what is happening here, the whole concept of squatting was to take over old, abandoned businesses. now they're taking over people's homes when they go on vacation. it is a danger. david: it is a danger. there are people stepping up to it, top among them is florida governor desantis. he come out. he just signed a bill to address the thing and he's allowing the local sheriffs to go in now, support the property owners, kick out without having to go through a whole court procedure that could take month, sometimes even years to get the quarters out. jesse watters a friend of ours
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was out yesterday on the 5:00 talking about what desantis has done. i want to play that get your reaction. >> got to hand it to desantis, he is the most responsive governor in the united states. what you're watching is representative democracy. it is a beautiful thing. the people want something. the politicians listen. and then they execute. it is not just the squatting. think about it. who has the most clean, efficient election? florida. you find out that night who won there. is no fraud. they found out about dei, crt in schools, a month later it is knocked out. david: leo, we're asking for representative government. it is the most basic quality that america has in it democracy. is that asking too much? >> for the democrats yes. because the democrats all they're interested in, power control. they're not interested in democracy. they're not interested in efficient government like in florida. florida is running like a machine. but what you're having to do,
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misrepresentation by democrats that cater only to the elite, not to the average american citizen and they're not protecting americans. that is why people in new york and california, they're leaving and going to florida. they're going to texas. because they want democracy and freedom. you cannot get that in blue states, david. david: there is another point of all of this, people pushing quarters rights. i don't know where the hell squatters rights came from. squatters was the phrase we used in 1800s for settlers this is not something that takes precedence over property rights. property rights is the key. we know a lot of socialists pushing these programs, whether it is bernie himself or bernie sanders or aoc or whatever, they want to knock down property rights in order to install socialism in this country. isn't that a part of it all? >> you're absolutely right. they're gaming the system too. they're basically looking the other way denying property rights to homeowners and basically opening up property to
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anyone who wants to sit there and settle on it. bottom line is this, they're looking for a new set of voters. they're welcoming these people to take over property rights into these blue cities, blue states. basically only recourse right now unless upheaval in the election, go to florida, go to texas or change the administration currently in office. they're not protecting american rights. david: leo, we got to leave it at that thank you my friend very much. we're back in the courtroom down no hot lant at that. fox news legal analyst gregg jarrett telling us all about it when "kudlow" continue continues.
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tool after tool. again and again. bringing you the most reliable network of authorized sales and service dealers. always moving forward. we lead. others follow. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials.
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“the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. david: so donald trump's lawyers are making a new push to toss out fani willis's election fraud case against him citing the president's free speech rights. jonathan serrie with all the details in atlanta. >> reporter: hi, there, david, the judge is expected to rule at a later date at a defense motion to dismiss the indictment against the former president. trump attorney stephen sadow argue the former president's efforts to overturn his 2020 election law were protected speech. >> there is nothing alleged
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factually against president trump that is not political speech. he is not being prosecuted for lying. he is being prosecuted lying to the government, an act which is illegal because it does harm to the government. >> reporter: this is the first hearing in the georgia trump case since march 15 when special prosecutor nathan wade resigned from the case as a condition for district attorney fani willis to continue prosecuting it. david, the defense is expected to appeal the judge's decision not to disqualify the d.a. all together. back to you, david. david: jonathan serrie, thank you very much. for more on this let's bring in gregg jarrett, fox news legal analyst, author of the constitution of the united states and other patriotic documents. there is the book. gregg, thank you for coming in. first question, how will fannie's mess, it was a disqualification, it wasn't a trial, a hearing.
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how will that affect trump's case? how will they squeeze that into their argument? >> well i think it is a separate argument that's being made and now litigated on appeal and i, i think the appellate court may look dimly on the misconduct by fani willis. it makes no sense that she and her lover nathan wade engaged in the conduct that violated the cannon of ethics, that one is disqualified, and the other remains? that will be litigated separately. david: it is, on rico, aoc says it is not a crime. it is a complex crime to prosecute in order to get everything together you have to really top legal advisors who ten you through the case. clearly nathan wade was not one such person. so, so little did he know about the whole thing that he had these meetings at the
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white house. what more do we need to know about those white house meetings? who was talking to him and were they actually giving him advice of how to carry out a rico case? >> you know, fani willis long claimed this is not politically motivated prosecution. there was no coordination with the white house or the biden campaign. that is undermined by the billing records of nathan wade. he charged 16 hours, two meetings, eight hours each with the white house. nobody's answered that question. and you know, i think from a political standpoint, much less a legal one, americans deserve the answer, was this entire prosecution coordinated with donald trump's political opponent? don't forget it was joe biden who urged that trump be prosecuted. david: right. >> he told it to a bunch of
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aides. upon stucks he leaked it to the media. overnight, merrick garland his attorney general got his marching orders, and prosecutions of trump began. david: yeah. >> so this is a president who is incumbent realizes his polls are in the toilet and he decided lawfare might be the best way to get rid of his opponent, donald trump. >> gregg, let me switch quickly to new york and the letitia james case if you will, the so-called fraud case which there was no victim. turns out letitia james has skeltons of their own, maybe not as sexy as fani willis. she has been protecting a landlord, owners of the irish historical society. they have a beautiful building on fifth avenue. she essentially, the owners overpriced it in order to get a three million dollar loan from this irish guy who was in love with the society. turns out it was not worth nearly as much as they said. when he was trying to get his money back she is blocking it in
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favor the of the society because they have a lot of political pull. 30 seconds, will this be embarassment for her case? >> it should be. the fact of the matter is, i owned property for years in new york, inflated valuations are endemic. that doesn't mean it's fraud. it's whatever the market bears and valuations for tax purposes are dramatically different than real estate valuations for sales and you know, what donald trump did, according to the witness testimony at his trial was not at all uncommon. david: right. >> it didn't change the fact they were not, they said defrauded at all. they made truckloads of money. david: that is exactly what fannie, letitia james was doing, except in her case there was a victim. unlike donald trump. it is just extraordinary. leave it at that gregg jarrett,
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♪ looking good, guys! thanks! vacations are better with the credit gods are on your side. i'm coming up! rewards once available to the few are now accessible to the many. earn points for travel with credit one bank, and live large. thank you for watching the special edition of the kudlow report. tomorrow a couple of great guests, doug burgum north dakota governor and robert o'brien former u.s. national security advisor. meanwhile, liz mcdonald is here to take you to the next hour. good to see you. liz: thank you so much. we got fraternal order nationa

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