Transcripts For FBC Kudlow 20240703 : vimarsana.com

FBC Kudlow July 3, 2024

College campuses. Joe biden lost control, law and order looks dead in the water. Meanwhile, a judge finds donald trump thousands over his gag order entrance or thrown in jail joining us in a few minutes to talk about all of that. Congressman brian masse and kevin hearn way again. Majority of americans pushing israel to finish off hamas. Steve moore and doug on why bite into legal student loan cancellations will cost 1. 4 trillion and jack up the inflation rate. The market absolutely crashing today. Down over 500 points on the dow. We will report on that and dig into it. First our own medicine or worth is live at Columbia University. What do you have for us . We have quite a bit going on. We have protesters lining the streets outside of columbia. That is because the campus we reported from yesterday which is to my left, that is now closed down. After students took over one of the large halls there going in and taking control there. I want to take you to video last night. Protesters broke into Hamilton Hall. That is where the dean and other administrators have offices. Those students occupying the building within minutes after breaking glass and forming a human shield. Columbia, it took them nearly 12 hours after the students broke into that building to send out a message saying protesters have chosen to escalate to an untenable situation and those students occupying the building face expulsion. Back to today. The students despite threats of expulsion are still inside. What you are hearing is they are rallying the protesters that are outside here. They are doing a call and return almost as a champ from inside. These students are out here protesting. Many others are studying for finals. Those are also going on right now. We were able to talk to some of those students. They say the atmosphere here is tense, but they support the protesters. Take a listen. Atmosphere is charged. The least of my concern right now. I am in a lucky position. I dont have that many finals. Four other people i know its hard to balance everything going on and completing this semester. Least of his concerns at an Ivy League Institution in new york. All of this is the backdrop as modell cardona testified on capitol hill. That hearing was supposed to be focused this fiscal year 2025. A lot of questions around antisemitic behavior on campus. They are investigating columbia from afar. People at columbia right now on the scene to see what is going on there . Do you have staff there to watch i do not. Does a Civil Rights Office have someone up there . I do not have staff at Columbia University. We do have an open investigation at Columbia University. Joe biden strong support for woke d ei policy. Equity and inclusion. His administration has inserted into virtually every aspect of American Life and government and of course these colleges. Di is also the janitor of the antisemitism virus that is spreading throughout American Culture including universities. The basis in the economic terms is socialist class warfare. Stick it to rich people. The rich oppress the nonrich. The fact that this is unamerican and on true is never a barrier to biden eei. A rising tide lifts all boats except for earners and entrepreneurs create companies and scratch wind up hiring hundreds of thousands of people paying them with good wages, offering them fantastic economic opportunities. But, the biden budget has come up with this crazy idea of taxing white people because they own more assets than people of color. So bidenomics seems to raise Capital Gains tax all the way up to 44. 6 and the Janet Yellen Treasury Department points out that white families disproportionately hold assets. Well, yes, we know that, but we also know that during the trump years, hispanic and black businesses prospered. Unemployment rate fell to record lows. Poverty declined significantly and the inequality dropped for the first time in nearly four decades. In other words, lower taxes led to wise widespread prosperity nothing to do with class warfare , rich versus poor, or the color of your skin, or any of these nutty policies coming out of the current administration. No, taxing success can bring you less success. Taxing prosperity will bring you , wait for it, less prosperity for everyone, regardless of color. Taxing white people will not help minorities. A falling tide will instead sink everyone. This race based tax policy is utter insane. Wait. Wait, wait, wait, there is more. The bidens would love to confiscate wealth by taxing unrealized Capital Gains. That would be economic suicide, probably unconstitutional. Hang on, there is still more. But i didnt want to throw in what the g20 countries around the world and set up a massive wealth tax where millionaires, billionaires would be subjected to a 2 tax on assets. Now, i guess this stupid idea means that governments are going to look at successful people all over the world, find out exactly who they are, how much money they make and what assets they own it this is like a warrant list search if there ever was one. Invading our privacy as well is degrading our prosperity. And, by the way, since america is the wealthiest country in the world, we would pay the most in taxes under this goofy plan. And there is one more, the biden treasury is still negotiating with the oecd countries around the world for minimum tax on corporations. That would be principally american corporations. And this terrible idea would let foreign governments set the tax on American Companies. I remember talking about this with President Trump who always said, only america can figure out taxes for American Companies not foreign governments. Biden is proposing a 5 trillion tax hike overall which would punish the economy and raise the inflation rate. When you look under the hood of this tax policy goals, you see class warfare, you see diversity , equity, inclusion, you see racial warfare against white folks and especially successful white folks. This left wing social woke approaches absolutely empathetic goal to tradition American Values and the tradition letter of opportunity that is colorblind and has made america the strongest country in the world. That is my riff. All right. We will talk about this later with steve and doug and maybe some of the other guys on this show, too. But now on the protest sweeping our campuses and country. Lets bring in former 2024 president ial candidate today. Great to see you again. I want to talk about whatever is on your mind. In particular, this college revolt, antisemitism spawned by d ei. They are closing down the schools and they are engaged in hate speech and hate actions. My question is, since the federal civil rights at of 1964 and especially title vi is being violated, why dont the bidens are the bidens Justice Department the fbi and do something about this. They have the Constitutional Authority to do it, but they dont. Why is this . Lets get to some other government root causes, larry. They have been using federal tax payment money. Across the local schools these agendas on the kis even k12. That is a big part of where the breeding ground is for the student that enter these universities. My general view is lets just start with the most basic solutions. Shut down the u. S. Department of education. Return that money to parents and teachers across the country. That stops the influx of indoctrinated students entering freshman year with a lot of that coming through their k12 education. Lets talk more openly about whats going on at these universities. I heard one of these chance, larry, the arabic word for uprising and many want to call for the destruction of israel. If you listen closely to the audio, chanting infantile that which is quite literally not even a word. What does that actually reveal . It is not antisemitism, really. The real issue is the students are lost. They are completely onboard, starving for any form of direction and purpose and meaning. All the more reason one final season is approaching. At a time when we have lost our sense of identity in this country, as americans, as members of a family, as individuals, i think that is what we need to do better in the conservative movement. We need to fill that vacuum intelligent people this is what it means to be american. This is what it means to be a proud citizen of this nation. Not some Global Citizen fighting Climate Change somewhere. A citizen of the United States of america and we are proud of it. We do have free speech rights but that means speaking your mind openly, not protesting or obstructing an Educational Institution of learning which smokes through one of the distinctions. This is about free speech. This is about disruption. Knowing about it in this country as a first step of reviving it. Let me just quickly read title vi. This is from the Civil Rights Act of 1964. No person in the United States shall on the ground of race, color or National Origin be excluded from participation and be denied the benefits of or be subjected to discrimination under any program or activity receiving federal financial assistance. Columbia receives about, i believe, 6 million of federal grants and so forth. Most of these schools, north carolina, texas, ucla, other ivy league schools, same story. Why dont we just defund them . One of the things is i dont think they should be enjoying this type of federal welfare anyway. Contributed to a lot of bloated across these universities. You bring up an interesting point of the Civil Rights Act. I wrote about this in my first book. There is another way to look at this. Look at the religion prong of the Civil Rights Act. As an employer, that includes a university, you cannot end dash or stem to bow down to your religion. Does the modern d ei agenda qualify as a religion under title vii . You could say title vi of the Civil Rights Act. I say that it does hands down. Simple words you cannot say, clothing you cannot wear, policies you must recite. I think that it fits the supreme courts test for what counts as a religion to 18. Humanism has counted for purposes as a religion under title seven jurisprudence. The modern d ei agent definitively counts, too. A slightly different take family angle you were pursuing but so many different ways to combat this. This is fundamentally unamerican. It is wrong. Yes, we do have free speech rights in this country, you get to speak your mind freely, that is what makes america beautiful, but it does not mean you get to disrupt other people. Hate speech and hate action should not go unpunished, it seems to me. So far, the federal government, the bidens, the education secretary testifying on the hill today, did not do a damn thing. Not one thing. I just think that that will create even larger problems down the road. Hang on a second. Stay with me. A big story today as you know. Day nine of Donald Trumps trial in new york city. We have fox news live outside the New York State Supreme Court house. With all the gory details. Nate, what can you tell us, please. Well, larry, just in the past 20 minutes a new York Appeals Court denied former president Donald Trumps request to delay this trial as he argues for the judge recusal. Labased attorney is on the stand right now. Representing both stormy mcdaniels and karen mcdougal. Now is answering questions from prosecutors about the Stormy Daniels deal in particular. He said interest in a deal reached a crescendo after the release of the access hollywood tape. He said that Michael Cohen stepped into America Media issues after initial deal fell apart. He believed was trying to avoid making the payment. Davidson directly negotiated the 150,000 deal from mcdougal story before lunch he said he knew of America Media bought it would benefit the Trump Campaign the two witnesses before davidson testified about the collection and accuracy of various clips showing trumps deposition in the eg carroll case and various political speeches where he addressed the allegations against him. Michael cohens former banker wrapped up his testimony earlier today. He said never spoke about trump while setting up an account to wire daniels 130,000 dollars. Meanwhile, the judge ordered sean the judge to remove post on my to that violated the gag order. Take a look at this next one. It is still up now. Trump commented on a post from Stormy Daniels former lawyer. Trump refers to daniels and cohen as sleaze bags. Now, the judge signed 1000 for nine of 10 possible gag order violations. He said the 1000 fine for man with trumps considerable wealth does not have much of an impact on him. He actually threatened trump with jail time if he continues violating the gag order which is notable because theres another gag order hearing on thursday where a manhattan prosecutor alleged that trump broke the gag order for additional times. We will send it back to you, larry. We appreciate that rundown. Lets go back to our friend ramaswamy. Dating him, holding him hostage in this trial to stop him from campaigning. Almost every good lawyer in the country has said the charges are funny, nebulous, do not make any sense whatsoever. Now, the judge is 1000 bucks per gag order and may have to throw him in jail because he is too rich to pay 1000. The insanity of this is beyond belief as you watch it. What thoughts come into your mind. I mean, the thoughts that come into my mind as i spent three years at yale law school. If they care an iota about justice and fairness they would be teaching this is a paradigmatic case of prosecutorial abuse because that is what this is. A gag order to stop a u. S. President ial candidate in the middle of an election to respond to political attacks is a front to the First Amendment. Then you look at the nature of the charges themselves. The charges are fake. Alvin braggs theory of the case assumes donald trump should have used Campaign Funds to cover personal hush money payments. The fact is if he had done that they would have a stronger case against him than they do right now. If they were going to get him going or coming, this is an exercise of justice, and exercise of trying to interfere in an election and that is exactly what they are doing. Stopping them from campaigning, stopping him from speaking. Even threatening him with jail time. That is what this charade really is. The American People need to see through it and so should every lawyer whether you are on the left or right caught this prosecutorial abuse for what it is. Yes. Well said. Thank you ramaswamy. Thank you for coming back on the show. Be well. Thank you. Coming up. Congressman brian and kevin. Why americans want israel to finish the job and destroy hamas secretary of state in the middle east saying he wants ceasefire forever. All my gosh. Anyway. We will have the liveer conversations. Na stick with tran eight. S pa target the source of pain with nonsteroidal antiinflammatory medicine directly at the source. Voltaren, the joy of movement. They get it. They know how it works. More importantly, it works for them. I dont have any anxiety about money anymore. I dont have to worry about a mortgage payment every month. 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With those numbers in mind, Antony Blinken, the secretary of state is over in the middle east trying to negotiate a cease fire a long ceasefire that would stop israel from going into the country and cleaning up hamas once and for all. What do you make of that, brian . We know the administration does not want them to go under rafa. Why do they feel that it is a daydream with israel going to do that. I will

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