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But is president obama really setting up the Insurance Companies for all the blame . And stocks sell off once again. Another 100plus point drop for the dow. Strong retail sales, and the expected nomination of the mensch of the hawks, Stanley Fisher to the fed may be convincing investors that tighter money is on the way. All those stories and more coming up in the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Were live here at 7 00 p. M. Eastern and 4 00 p. M. Pacific, and we are loaded with news. We start with breaking news on the budget...

Sunday at 4 00 p. M. Eastern on cspan3. Washington journal continues. Host joining us from our new york studio, Bernard Kerik, former new York City Police officer to Police Police a nomination a nominee to be the interim interior minister, and also a felon. What happened . I had advised president bush that i had hired an illegal anny and failedn to pay payroll tax. I went through a fiveyear investigation. In november of 2009 i pled eight felonies, most of which were related to my childrens nanny. I was sentenced to 48 months in the federal prison and i spent three years and 11 days in a minima...

For this and support this and i want to use my remaining time to talk a little bit about the budget resolution the Budget Conference Committee that we are going to talk about later. I completely agree with chairman mckeon. In the spirit what i said about the ndaa, about the necessity of getting our job done, we need to pass a budget. I know it impacts all manner of other pieces of government but im most familiar with what it does to the department of defense to not have a budget, to not have Appropriations Bills, to have to go from c. R. To c. R. To Government Shutdown threat to actual Governm...

I think the heart reform is ensuring the largest Financial Institutions have the freedom to fail. I dads Small Business of baltimore, if he did not make payroll, nobody was going to bail him out, and that is at the ore of what doddfrank is. That is why i was so pleased just last month when moodys, the large rating agency, removed this uplift them and the Credit Ratings of the largest tank Holding Companies that had come to be the cause of perceived government backing, and that works because of title ii of doddfrank and all over the fdic and the fed did, and ben and his people in the bank relat...

Him and ze his did president roosevelt. President roosevelt finishes by saying, with we pray that with victory will come a new day of peace on earth in which all the nations of earth will join together for all time, that in the spirit of christmas, the holy day, may that spirit live and grow throughout the world in all the years to come. And then finally he closed with this, madam speaker. This is Franklin Roosevelt, january 20, 1945. This is part of his last inaugural address. And as i finish with this, let may i say, madam speaker, that i know all of us here in the house and the senate, no m...