Crash victims planned a protest outside that meeting. Phil lebeau will join us from detroit at the top of the next hour. Im sure well get an opportunity to talk to him about what this is all about. Web hosting company go daddy filing for an ipo up to 100 million. It said 100. 100 million. I could help them with that if i owned the entire company. You could. You could. Thats an important word, million. Could have been priced at 100. Could have been 100 a share. Who knows half the time. Thats what makes it the job would get dull. Right. Just reading stuff without actually its almost like a puzzle, almost like a puzzle of what were trying to say. If it was just reading, none of us would be we dont want to do that. No word on which exchange godaddy intends to list on or the symbol it would adopt. Go daddy perhaps best known for one of our favorite guests on this program, future race car driver danica patrick. The company was founded in 1997, acquired in 2011, kkr and silver lake. They had
November, december contracted by 0. 1 . Onetenth of 1 . It was the first contraction in three years and it rattles financial markets. Much of the slippage in gross domestic product, was due to what the u. S. Federal reserves describes as quote weather related disruptions and other transitory facts unquote. The central bank is keeping Monetary Policy on hold. And says n worth of longterm securities a month, until there is a substantial improvement in the outlook for the labor market. Also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. The president s press secretary said this about the sequester. Quote, acrosstheboard cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our longterm economic prospects. Unquote. A growing number of analysts believe
What it wants to do. And i dont get that. Another big story tonight is the debt ceiling battle. Treasury secretary jack lew on cnbc this morning said president obama will not negotiate over the debt ceiling bill and now it looks like a battle royal is brewing in washington, d. C. These stories and many more coming up in the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. In a major developing story, nbc news is reporting a strike against syria could come as early as thursday. Aids say president obama and no longer questions if the Syrian Government used chemical weapons. The questions are what will the u. S. Do and with whos help. Nbcs Richard Engel joins us now from the turkey syria border with all the latest details. Good evening, richard. Reporter larry, syria is showing no signs by being deterred of all of this talk of military action. In fact, just yesterday there was another attack that rebels say used chemical agents. A Whit
You have john boehner talking but he is optimistic a deal can be reached. This comes on the heels of yesterday when you had harry reid expressing caution about the fact things ar were nt going that well. We are seeing the market to the downside, they have improved and you can see it spiked up. Alaska mitra said to them. Dagen speaking of House Speaker john boehner, he said he is optimistic. Im optimistic we can Work Together to avert this crisis sooner than later. Connell we also want to show you this, this is skepticism from who you would think would be a major player in the deficit talks. I am really worried we have a probability we could go over the cliff, and that would be catastrophic. Not to go over the cliff, we have to compromise, have to have revenue. The problems are real, the solutions are painful, no easy way out. The only way you can do this ifs to have a balanced approach and that is where people are headed. Connell matt welch is here. What do you make of all this, matt .
The start of march. The president s press secretary said this about the sequester. Quote, acrosstheboard cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our longterm economic prospects. Unquote. A growing number of analysts believe the political will to stop the sequester is lacking. It will take effect, at least temporarily, they believe, and that will pose a further the f of this year. Question. The fed is saying that the Fourth Quarter contraction october, november, december of 2012 was due chiefly to quote unquote transitory factors. Is this true . Or is the recovery stalling out pat buchanan . I think basically it is true, john. The u. S. Economy is out of the intensive care it was in, in 20072008 but it has been walking the hospital halls ever since. The growth has been growing at an average of about 2 , unemployment is where it was when barack obama took office, we are adding about 150,000 jobs a month, but john,