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tv   Kudlow  FOX Business  May 6, 2024 7:00pm-8:01pm EDT

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♪ >> welcome to kudlow.
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i am larry kudlow. breaking to news as we go to rapport right now the idea from israel, the ground operation has begun. we will hear from brian hoke former national security advisor in the trump administration. trump trial judge now threatening to throw the former president in jail. pure insanity. greg jarrett will be here to talk about it in then governor christie gnome to talk about her new book "no going back". talking about pretty much everything else under the sun. first up box news jeff all live from tel aviv with the very latest. jeff, is there an idf invasion, is there movement, what can you tell us? >> we are learning that the israeli war cabinet has just unanimously voted to approve to continue its operation and rough saying it wants to keep putting pressure to release the hostages
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but at the same time they also indicated in the statement released from the office of benjamin netanyahu that they will be sending a team of negotiators to continue to try to work out a deal that is acceptable to israel. shortly after that was release the idf confirmed for eastern strikes. that is where hours ago that israeli military started warning civilians to start evacuating using flyers, phone calls and text messages. roughly 100,000 to move to the humanitarian zone. describing it as a limited scope operation and not a large-scale operation however for the civilians that are told to pack up their things and leave, there really is a big concern about their safety.
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>> israeli occupation told people to go to tran 10 it is a safe area. do they are telling us to get out of tran 10. where will everyone go? where will these crowds go? where will they go? should they go into the sea? >> shortly after news broke of hamas agreeing to this deal that there was on the table, scenes of people out in the street celebrating. back here in israel where we are , there are huge crowds of protesters out right now protesting their government, urging them to get the remaining 132 hostages back where they belong right back home. larry. larry: one quick question. there was a rumor developing over the weekend that the biden administration was denying ammunition to israel despite the fact that the foreign aid supplemental had been passed. does anyone know if any of that
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was ever true? >> really hard to tell. over the weekend there were so many talks about these hostage deals going on. sort of imminent as some people described it, operation in rafa according to one report they said that was true. no one else really talking about it, larry. >> thank you. please be safe. time for the rest. where there is smoke, there is fire. when people hear strange things coming out of the biden white house, even if they are not completely corroborated, you just have to wonder what is going on and there. the latest one was the administration would withhold from israel. even though congress just passed a supplemental foreign aid bill mandating more assistance to israel. where is that rumor coming from? the white house will not say anything about it. go figure.
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every time the bidens used the word de-escalation it is a modern synonym for appeasement. why won't biden and for sanctions against iranian oil or stop china by purchasing iranian and russian oil. the only rumors we hear about our sanctions that are not being enforced. tough sanctions not being in force. in other words, these are bad rumors. not good rumors. there is a difference, you know. ronald reagan once talked about bombing moscow in 15 seconds. that was only a warm-up joke before his radio broadcast in the early '80s. then joe biden comes out and talks about both side is him. anti-semitism and islamophobia are equal problems in the campus riots everybody witnessed last week. really? both sides? did anyone see protests against
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islam last week against columbia or ucla or any of the other dozens of schools? look like latent anti-semitism to me. hate crimes. civil rights discrimination. i did not hear any of those rumors coming out of the white house. here is one from the wsj headline today. biden ways is to trump prove his agenda. a story about bidens regulatory story. about one and a half trillion dollars so far and still counting. trump proof. i am sure it is just a rumor, right? wrong. absolutely wrong. that is just what they are doing where there is smoke, there is fire. joe biden created 15 million new jobs except, wait a minute, turns out these are actually old jobs coming out of the pandemic
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recovery and most of the new jobs our government adjacent jobs. government, healthcare, social assistance, thank biden jobs in other words. there is joe biden popping off against the federal reserve that they have to cut off interest rates. rumor, no. he has actually said that three times. liberal media does not want to report it but it is out there. suggesting he may have to throw trump in jail for what many people believe is an unconstitutional gag order. cannot blame that totally on biden. former bride —-dash former biden prosecutors working the case in new york city. probably the worst case anyone has ever heard. what if trump goes to jail? what if that rumor turns out to be true. i will guess the polls will go up 10 percentage points and he would fundraising another
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$50 million in the next 24 hours just saying, you know, where there is smoke, there is fire. let's get to the latest on the trump trial. from fox news. nate, how about a. we going to jail? what's going to happen here? >> we will see. former president donald trump will address that. he will speak at roughly 430. that is the time we were given. the jury was just dismissed. court seems to be ending early. i do expect that he will address the gag order as he did while entering court today. the cross-examination just ended a financial supervisor at the trump organization that has been there for over two decades. she answered two questions about invoices to michael cohen that were approved by trump organizations former cfo with checks signed by former
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president trump. she said if a payment is approved she cuts a check and send it out but the approval needs to come from higher up's. trump himself was the only one who could sign a check that came through his personal account. all payments were legitimate legal expenses. the trump organizations former comptroller testified today and he detailed the payments. he testified he did not know what they were for. he never spoke to president trump about the payments and he never connected trump to any scheme related to a stormy daniels payment. judge threatened to jail trump for future gag order violations. he find trump $1000 for violating the gag order for attempt on. acknowledge that the fines do not appear to be serving as a deterrent for trump adding the defendant is hereby put on notice that if appropriate and warranted future violations of the lawful orders will be punishable by incarceration.
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trump, as i mentioned, spoke about this while entering the courtroom this morning. he mentioned while he was in miami this weekend that he could not accurately answer questions from reporters because of the gag order. he was asked about one of the witnesses in the case michael cohen. he said he could not answer that question either. he continues to be active on true social criticizing the case >> thank you for that rundown. we appreciate it very much. fox news legal analyst gregg jarrett. as always, thank you. the judge may just throw mr. trump in jail. four gag orders that a lot of very distinguished jurists including herself would argue were unconstitutional in the first place. what is going on here, greg? >> well, at first i thought that the judge could not be that dumb
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, but judging by his recent rulings, maybe he is. this, i think about the most egregious violation of the first amendment i have ever seen in more than four decades as a lawyer. trump is a leading candidate for president in this trial is a major issue. he has a right to defend himself in the court of public opinion. that includes attacks by alvin gregg star witness michael cohen who was trashing trump. on social media including tiktok he is condemning trump as a criminal. offering commentary about the trial for profit which means that he has a motive to live. and this judge is not allowing trump to respond appropriately. this is a terrible violation, a prior restraint on freedom of
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speech and it should have been overturned by a higher court stolen appeal. >> let me get this right. people say he is a serial perjure, liar, but other people, alvin gregg type people, leticia james who suffers from the worst trump derangement system ever seen, not allowing to attack mr. mr. trump is not allowed to attack back or fight back or even, heaven forbid, straighten out the record to clarify the record. i do not see how this is possible and i do not see how this will not help mr. trump as far as his reelection. he is after all running for reelection and ranting -- running rather well after that. >> in part, american see the unfairness of all of this.
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you know, politically driven prosecutions to take him off the campaign trail and to interfere in the upcoming election. it is also selective prosecution what i worry about, people like this judge. allowing all kinds of prejudicial evidence that has no value being interviewed -- interviewed into the case. by the way, nondisclosure agreements are legal. paying somebody for their silences legal. suppressing stories is legal. you know, it is as if this judge has taken off his black robe and moved over to the prosecution table and he is trying to help alvin gregg engineer a wrongful conviction. >> one other one, which is kind of been overshadowed by what the judge said today about possibly pushing mr. trump into jail,
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over the weekend day another important story, prosecutors admit key evidence in the documents case, the south florida document case, that those documents have been tampered with, gregg jarrett. what can you tell us about that? special counsel jack smith and his team have acknowledges much but they say it does not matter. did they manipulate? >> it absolutely matters. they did. prosecutors have a duty to preserve evidence, larry, exactly as it sees. the special counsel admits now in court documents altering, and if you waiting evidence against trump. the digital scan of documents does not match the physical order in the boxes that were seized. smith got caught. your honor, it is a complicated case. lots of documents. that is not an excuse. this is evidence tampering. even worse, smith lied to the
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court and he was forced to admit it, although he did so in a footnote, misled the judge. this is no small matter. the chronology of documents is vital of trump's defense. boxing up exactly what they received from the gfa that will was sent tomorrow lago. the national archives coordinated with joe biden's white house and abided doj on how to bring criminal charges against donald trump. one can argue that trump is a victim of a set up. >> there you have it. gregg jarrett. terrific stuff. thank you for the commentary as always. coming up. kristi noem will be right here talking about her brand-new book no going back. it is out tomorrow. you can catch kudlow monday through friday 4:00 p.m. right
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here on foxbusiness. if for some reason you cannot get us out for, please text your favorite 9-year-old and she will show you how to dvr the show and you will never miss another jury trial in manhattan, washington, florida, good heavens. good heavens. i'm kudlow. we will be right back.
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we will juggle two things joining me in just a few seconds kristi noem author of the new book no going back. president trump has walked out of the courtroom. let's go right to the former president. >> election interference and is a disgrace. maybe they can do something. this should be over. this case never should have been brought. previous da can bring the case. deputy c said they threw it away they said you've gotta be kidding me. the district did not bring a new case. nobody brought a new case. and then alvin bragg brought a new case. don't bring the case. it is a disgrace.
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i thought that they were finished today. they are finished today. i thought that they would be finished today. two-three more weeks. the judge saw two-three more weeks. they want to keep me off the campaign trail. that is all this is about. this is about election interference. how do we stop it. the gag order. i cannot basically, i have to watch every word that i tell you people. simple question. this judge is giving me a gag order. going to jail if you violated. frankly, you know what, it is much more important than jail. it is not even close. i will make that sacrifice every day. what is happening here is
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getting involved. new york look so bad, yes, this looks so bad. this judge, triple team with corrupt judges. it is a disgrace to our nation. i should be out there and they said to. the way i look at it they are looking at three weeks more. by the way, they did not even have enough. they did not have enough witness the government does not have another witness. they did not have time to fill it out and yet they complain. so, i tell you what. i hope you report this story. this is a real threat to our country and a serious threat to the constitution. in the meantime, columbia university announced today they will not have their graduation. they will not have a ceremony. that is happening all over the country. our country is a mess.
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the most important day in the history of our country will be november 5 of this year. it will be the most important day in the history of our country. what is going on with this judge is a disaster. gag orders and the hate that he has done to me. everybody sees it. god blessed the usa. [inaudible] larry: as always from former president trump, we will talk about that in just a minute. we are blessed to have the south korean -- the governor kristi noem. how we move america forward. one click on various websites. governor, welcome back to the show. a quick comment on what mr. trump is saying. a disgrace, election interference, all of this about throwing him in jail for an
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unconstitutional gag order. >> i agree with him wholeheartedly. he is angry and he is recognizing and reflecting the anger of americans. americans across this country are upset by this corrupt judge who is now time president trump up and keeping them off the campaign trail. you heard the president talk about the fact that they have extended the length of this court case now against him. meanwhile, not even filling out full days. he sits here in new york city he cannot be out talking about the economy, about how high gas prices have gone up, how much their groceries are costing them but the economy is doing it. violent protests breaking out on college campuses that are supporting terrorist organizations. the president is right. this country is a mess in the judge is trying to keep him in a courtroom. larry: in terms of the book, let's clear the air air, you put your dog cricket down for a variety of reasons. what do you say? >> this is a book filled with
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stories. stories filled with painful decisions, hard decisions, my last life experience and what i think has changed about politics and how president trump world politics. what i say about this situation as it was about 20 years ago that i had to make a choice as a mom and as a grandma, i had to make a decision between protecting my children and a dog that was killing livestock and attacking people. i made the hard decision, i took the responsibility on myself and i know i'm receiving criticism for it. i want people to remember and know this, my political opponents have tried to use it against me in the past. i wanted people to know the truth. i am not like other politicians. i don't try to hide the truth and i don't run from hard decisions. i take them head-on. i think that is why the liberals are giving me the same treatment they give him. >> my wife who grew up part of the time on a ranch, actually, in france as well as montana
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where we were married, unfortunately, if you have a dog that is not trained to going out and killing chickens, a working dog is a very bad thing. i would dare to say most people have never been on a ranch and don't understand the working dog hypothesis. why did you decide to put it in the book? you wanted to make it as a tough choice? >> we need to be clear, this was an adult working dog. i was a dog trainer raising dogs at the time. they brought it to me because it was too aggressive. it have been through months and months of training and still killing livestock in attacking people. my previous campaigns have tried to use it and try to twist it into something ugly much like they are today. i want people to know the truth. i have had to make some tough choices in the past. i want them to know the truth and i want them to know i don't pass my responsibilities onto anyone else. i make our decisions and i will not ask somebody else to do my
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job for me. >> we are dog people at home. but that is a different matter. the business, did you meet him, did you not meet him, did you cross the dmc? there is some confusion about that. >> i've been to the dmc. i have traveled all around the world. i have met with world leaders. as soon as this was brought to my attention i wanted this removed from the book. i will not talk about it. i will not talk about meetings i've had with world leaders. i am just choosing not to. when it came to my attention i asked for that to be taken out. that name. >> you are down at the rnc meeting this weekend. did you talk with president trump? >> i did. he looks like he is doing great. he is fighting. he truly is fighting for america it was great to see so much support. so many people there supporting him and his candidacy. recognizing that this campaign is about people who love america and people that are destroying
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america right now. that really is what this campaign is about and it's so nice to see so many people recognizing how important this campaign is. >> did you talk to him about the deep stakes? >> we did not talk specifically about that. he was talking to me about how i was doing, how the family was doing and what was going on in his life in this election year has been an interesting year. he wanted to know what i was hearing from a lot of the swing states in the tough races we have going on and what i was doing to help those candidates. larry: who do you think would make the best vice president? >> i told him he needs to pick what helped him win. larry: you are still in that race. >> every day trump was in the white house i was able to be in office for the people of my stay he need someone that will help them win, thickened message, that is tough and will make tough decisions alongside him. when he gets in the white house he will have a lot to fix. >> governor kristi noem is still in that race? the mac i don't know. you will have to ask him. he is the only one that will
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decide. >> 100%. a recurring theme on the campaign trail. this is not your father's republican party. mr. trump calls a republican party a working man's party. a working folks party. a middle income party. putting a coalition together. whites, blacks, hispanics, women , young people, et cetera. do you see that in the midwest in south dakota? do you agree with him? >> absolutely. that's what i love about president trump. he does not think he is better than anyone else. normal politicians act like they are a normal human being but they don't really think it. president trump does. he really is fighting for the working person in this country trying to balance our budget take care of their family and know they are passing on a country to their kids and grandkids they can be proud of. i hear it everywhere i go.
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i've been traveling this country michigan, wisconsin, ohio, i'm going to arizona next week, i've been all over the place talking to people and helping candidates and everyone there just as when will we get president trump back we need him back. >> did you remind him that south dakota is a zero income tax. >> oh, he knows. >> i just wanted to keep that in the forefront. >> winning the economic race. we are thriving because our economic people are free. they get to make their own decisions for themselves. have flexibility. we have broken all kinds of records in the amount of wages that have gone up in businesses that have moved in. we are thriving. we just did what conservative economic principles can deliver in that is proving out to be what every single state should do and be. >> hang on one more time. one more time. >> no going back. larry: the truth on what is wrong with politics and how we move america forward. thank you very much. >> thank you, sir.
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>> liz peak and tammy bruce coming out. they will talk about life liberty and the pursuit of happyness. one of my favorite topics. we will be right back. thank you, governor. am ♪
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larry: joining me now is liz peek and tammy bruce. exposing the left mind killing agenda. just for a few moments, ladies, thank you for coming on. you saw the interview with kristi noem. what did you think, tammy, started off, please. >> hard to see her not out of the prism from the news that comes from her book. i think it is a problem. i think she is trying to manage that problem. but, i am not impressed. i will be as diplomatic as i can be. i think that that is what campaigns are for and what
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primaries are for. you get to know people. people get to know themselves and we get to know them. for me, she is not on that list as someone that i would think of good service to this country. >> i agree. to me, it is about the lack of understanding that led her to put this incident in a book not knowing that this would cause an uproar and a political problem for her. i think i mentioned this before, met romney, most people remember mitt romney as having put a dog on the top of his car. end of discussion that killed him. here we are. >> we are all dog people here which is great. i think kristi noem is a dog person. rumors and stories have been around for a long time. >> i never heard that before. >> it is a very difficult thing to deal. she wanted to clear that up.
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the other point i would say, tammy, whether she is in a vice presidential race or not, it is a different republican party. it is a working folks republican party which trump has empathized throughout the campaign and kristi noem subscribes to. >> yes. as do a lot of other people if not the majority of americans. these are issues of judgment. issues of the humane nature of how we get things done. the conservative does not mean that you are wroth or unthinking or inhumane even though the left is trying to portray conservatives in that manner. the issue is more about judgment and a general issue in her case. it is not even about, you know, euthanizing an animal. the nature of the choice that is made and how you do it. bringing another animal into that pit. a goat. shooting them in and one animal
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saw the other being shot. the terror involved in that environment. it's not about how you make the choice, many americans if not most have had to make that choice when there is an illness or even violence. it is a matter of judgment and i think that that is what will follow this story. >> republicans raised a lot of money in april and early may. something like 75 million bucks according to the rnc meeting. let's see. well over half came from small donors. what does that tell you? >> that really goes to the point you're trying to make. it is a working-class movement really to elect donald trump. i was very impressed. the average gift donation was $30. that is incredible considering they just had that big dinner hosted by a billionaire and we had a lot of $10 million checks probably floating in. that is very impressive.
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i think a lot of it probably has to do with the trial that is going on. people are really angry. kristi noem is right. people are angry seeing donald trump in a courtroom every day. angry about the gag order. angry about the way he is being treated. it is so offensive. i think the president is totally right talking about it being a disgrace and to new york city in our justice system here. >> tammy bruce, i don't know him from adam, but, a gag order where many people say it is unconstitutional, to put the former president, may be the future president in jail. really? over this. really? >> this is the whole problem with all of the indictments. all of them are absurd. stopping him from using the justice system, then anything goes. faked into this dynamic is the
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expectation that will put him in jail. if the people think if he gets indicted or goes to jail the support will go away, quite the opposite. if that would happen the support would have evaporated the moment he was charged with one thing. the document issue. the opposite occurred because americans, we have seen this, we know the justice system has been unfair. he went on before about a two-tier system of justice. he can withstand it because he is donald trump and has some money. this happens to americans. unfair charges. you plead to something lower even though you are innocent because you have a public defender and you cannot afford to have a real defense. this is frightening because it is not nailed. this is what we have complained about. this is the kind of thing, it is remarkable it has happened to trump who can withstand it but we have his back is what the american people are saying.
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>> it could happen to you or you or you or you. that is what people are thinking when they see this. >> i don't think in my lifetime i've ever seen political prosecutions. we have seen a whole slew of them under this president and this administration. i think that is something new and i think it is particularly problematic. if you get on the wrong side of this administration, all of a sudden you are the crosshairs. you can come after them for a whole. four reasons. the fact they are trying to possibly jail donald trump because he is not abiding by an unconstitutional gag order, how offensive is that. >> it is preposterous and a desperation. it is a level of desperation that is remarkable. the american people, boy, they will get the opposite of what they expect. >> i was going to ask you tammy if you saw the vice president -- wait a minute, did you see the
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vice president? ten seconds. larry: you can pass. >> i will pass. larry: lives? >> i'm not sure. >> what's up with that. >> i was not there. >> and the pursuit of happyness or freedom or something. liz the and tammy bruce. the idf has started its ground operation in rafa, apparently. joining me now is brian hoke. former senior policy advisory secretary of state during the trump years. brian, welcome to the show. i have some sound from prime minister netanyahu. here it comes. these take a listen. >> if israel is forced to stand alone, israel will stand alone, but we know that we are not alone because countless decent people around the world support our just cause. and i say to you, we will defeat
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our genocidal enemies. >> brian, i want to talk to you about iran and the lack of sanctions, but on this point, no one can seem to figure out what is going on. making some sort of idle overtures, israel says it is a ruth's, ammunition being denied to israel. the biden white house will not say anything on this. do you have a thought on all of this? can you piece together some context here? >> i think there is no victory for israel without finishing the job in rafa. hamas is now cornered. there down there to their remaining battalions. as a piece of propaganda, hamas is saying that it is accepted, a proposal. it is not an israeli proposal. based on what i have seen so far , the proposal that hamas is accepting is a total end of the war by israel which will not
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happen. israel will go into raw fat and they will do everything they can to get the palestinians to move to a safe zone so that they can come in and achieve victory over hamas. >> it just seems to me, i do not understand why israel will wait any longer. donald trump and many other analysts have said, go in, take out these divisions that are down in rafa as you just pointed out it just be done with it and finish them off but do it fast. what do you think? >> i think israel is trying to do it quickly. they have given space for diplomacy. but i think that hamas is using and exploiting that space to buy time so that they can regroup in rafa. as we are seeing now, what the idf moving in, i think they decided that they sort of have had it with hamas propaganda and they will move in. >> it certainly sounds that way.
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two things. the iranian sanctions are not being observed so iran is building up a big cash warchest which is financing hamas and their other terrorist clients. china as the buyer of iranian and russian oil, china is financing these wars against the united states and its allies and the biden's will not do anything about it. i am baffled. >> i am baffled, to. during the biden presidency, because of they are absolutely not enforcing the oil sanctions and all the side deals and the payoffs and everything else, the iranian regime has netted $100 billion in revenue. if you give a terrorist money, they will spend it on terrorism. everything that we see in the middle east today with shieh proxies attacking our troops in
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iraq and syria, hezbollah, hamas , all of these organizations bank at the same address. president trump according to the iranians, during his presidency, cost the regime $200 billion in revenue. so we have gone from costing the regime $200 million in revenue to biden now giving them $100 billion in revenue. >> that is something. the consequences are very clear and very plain. thank you, brian hoke, or national security advisor. we appreciate it very much. coming up, donald trump sparked an economic boom. our interest rates in the right spot? we will ask art laffer are they too low, are they too high or our interest rate just right? kind of like i think it was the three bears or something like that. goldilocks, i don't know. i'm kudlow, not goldilocks. ♪
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larry: the interest rate porridge too hot, too cold or just about right? let's ask my hero. goldilocks and the three bears. our rates too hi, too low or just about right, in your judgment? >> they are just about right
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right now for this administration. the real yield has to go way up once trump comes in. dropping the corporate rate to 15%. extend the tax cuts and jobs act when he does that, you will get the real yield to pop way up which means you will have higher interest rates much lower inflation. that is where we need to be. rates would be four or 5%. because it is a real return on capital not inflation. that's my story and i will stick to it. >> that is a great story. we'll rates can go up with the right progrowth policies. if that happens with the inflation and premium, the expected inflation rate come down at the same time? >> yes. it would come down substantially a. where you have low expectations of inflation. much lower than 2%, to be honest
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with you. inflation between zero and 1%. stable prices, basically. a real yield. i think that would be the perfect place to do it. we can do it with good policies. getting that participation rate way. expensing of capital purchase to get investments up, cut the corporate rate to 15. then you can do all the others like medical transparency and we would be in great shape. i think that's what you will do with him next term. >> the pollster on the payroll tax, it was like 75-15 favored. relief on the payroll tax. >> i thought it was higher than that, larry. >> and may have been 76 but in the same range. we appreciate it very much. we are just about right on rates thank you. appreciate it very much. talk soon. i will be right back with my a last word.th
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larry: that is it for kudlow. thanks for watching, folks. ♪ (uneasy music) (horse hooves clacking) (people shouting) - [narrator] it's 1907 and a crisis grips wall street. after a run on the stock market, it's forced to close

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