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tv   Cavuto Coast to Coast  FOX Business  February 17, 2021 12:00pm-2:01pm EST

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why. lauren: i have inexcusable absence too. i'm having a baby. my third. it's a girl. due any day, now. i will be gone for a few weeks. i will miss you, stuart. stuart: i will miss you too. >> say a prayer. me and three children. stuart: you will learn again, love at first sight, when you see a newborn. love at first sight, congratulations lauren. my time is up, neil, it is yours. neil: good for lauren. i don't want to burst her bush. wait until they become teenagers. enjoy this wonderful moment my friend. that is grade news. here i am, stuart to talk about natural gas. take a look. that is a hard act to follow. that is stuart bombshell with lauren. we have a lot of related futures jumping. nat-gas dipping from the torrid
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pace it was running yesterday. millions of texans are still without power. that is behind the latest scum here. when will things actually calm down. progress on the vaccine front, virus front. it might be bumpy in some states, not all states. in montana the republican governor there eliminated the mask requirement and other things he has done there. a lot of people are calling montana the florida of the west here, in that a lot of restrictions have been knocked down as cases go down there. we'll explore that in a lot more detail. first to the texas storm that will not quit. millions are still without power. we'll explore the economics behind that in just a second. casey is in dallas where they stand right now. hey, casey. reporter: neil, a awful lot of suffering taking place frankly here in the lone star state. the latest figure for power
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outages is nearly 3.3 million. it was under three million earlier this morning. then it jumped back up. this is now the third day in a row that many people are without power, without heat and without stove tops to cook on. parts of texas also picked up, even more snow and ice in the overnight hours and this morning. another three inches of snow around the dallas-ft. worth area while south of here it was more of an ice and freezing rain event. up to a quarter inch has fallen across austin and surrounding communities. countless texans also dealing with stuff like this. broken water pipes. they freeze, and then they burst. this one is at an apartment complex in austin. while others are trying to do their best to stay warm. power went out early monday morning at this assisted living center in georgetown texas. 13 seniors sharing one generator
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and three space heaters. >> we're trying to keep everybody like in the center of the house where it is warm. each resident has a shirt on, a sweatshirt, or, and then sweater reporter: meantime there is growing controversy how all of this happened. the governor, greg abbott is calling for an investigation. in charge of running the state's electrical grid. calling for leadership there to resign a lot of questions are also being raised about whether there is an overreliance on wind energy after frozen wind turbines caused the state's output to drop from 42% to 8% at one point, quite substantial. but officials attribute the outages, however to a mix of wind, natural gas, coal and nuclear plants all being off-line. they say, however essentially without the wind component, it
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exacerbates the problem taking so many megawatts off of the grid that so many people, neil, desperately need. back to you. neil: casey, thank you very much, my friend. casey stegall in the middle of all of that. this had reverberations in the economy. i told you about prices is soaring for everything from natural gas, home heating oil, that dissipated a little bit today. a number of businesses already have been directly affected, likes of ford, gm, toyota, shutting down plants in the areas affected by this storm for at least the next few days. fedex is saying that package delivery will be delayed. samsung saying right now, that its chip plant in austin is shut down until things warm up. then there is the vaccine. there is a sort of a joiner here, that it is delaying folks getting those vaccines because it is hard to get to these state has are experiencing these problems and people getting to
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those states to get the vaccines even if they don't have problems. jonathan serrie, following all of that from atlanta. hey, jonathan. reporter: neil, this winter storm is having domino effect, delaying vaccine shipments to many parts of the country including the state of ohio where the governor issued this advice. take a listen. >> ohio with vaccine appointments during this storm should not only check the road conditions before leaving home and confirmed their appointment has not been canceled. reporter: doctor amesh from the johns hopkins center of security says state governments need to improve logistics to handle such contingencies because the virus does not take cold days. >> we need to get vaccine into peoples arm, attendant need to reschedule people all of that, that will prolong the duration of this pandemic. reporter: fema opened its first
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mass vaccination sites in california. lots loss and oakland hubs aim to vaccinate 6,000 people a day and increase access to minority communities that have been hit disproportionally hard by the pandemic. fema will launch additional vaccination sites in new york and texas in the coming weeks. the biden administration says it will increase the number of weekly doses it gives to the states to 13.5 million. neil, that is up from 11 million last week. back to you. neil: thank you, my friend. jonathan serrie in atlanta, georgia. we should also let you know that the cold weather and everything that has come across with it is affecting companies whose own costs are going up. conagra, kraft heinz, indicating a lot of food related items could see their prices marked up in the days ahead if it already
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hasn't happened. everything from beef to barley prices moved up. agricultural commodities, energy related commodities are all seeing this effect here. again a little more stable today than it was yesterday. that could be short-lived though. another storm coming. most of the country's way, at least along the atlantic coast, into the interior section of the country up through and pass west towards the mississippi river. let's get a look what impact that could have. they say these are short-lived impacts. one thing i learned, and make my next guest helps me with this, when prices go up they very rarely come lightning quick back down. scott shellady joins us. alicia levine, bny mellon strategist. scott is the cow guy as the uniform would hint. welcome to both of you. so good to have you. alicia this isn't the first time we've seen something like this where a lot of food related commodities start moving up. but the fact that the companies
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that experienced those, have to absorb those are considering passing them on. conagra and kraft, some of these others. that's something we normally don't see. so what are you envisioning? >> so this is actually part of a bigger story, neil and that is because food price inflation already started last year in part because some of the supply chain issues. so when you got cpi, you saw that food prices were actually moving up and this is part of the longer term trend where consumers are really starting to price in higher inflation expectations. really for everything. the storm is bringing that front and center this has been underway for the last year or so. and so i think you are going to start seeing higher inflation trickle throughout the economy, not just from food, but from other areas where demand is much greater than where the supply
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can meet it right now. neil: we're talking, she talked as wells this idea is percolating. we saw it in the producer price data whether you're looking month over month, scott, or year-over-year, quadruple what most analysts thought, double at least what most people thought, it does seem to be real. a lot of this date it is obviously prior to this storm so i'm wondering if inflation is something we should think about? there is a whole generation of folks out there don't remember what we went through and don't recall outside of laughing when i share with them stories, my wife and i got our first mortgage it was over 13%. we thought we were financial einsteins. a lot of them don't have that recollection. should they start reading more history? will it get bad? how do you see it? >> the downside of that, neil, somehow the fed convinced us all that 1.3% in the 10-year is a really high rate. i don't know who we've gotten
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here. neil: very good point. scott, my friend, it was at .6 back in august. >> yes. neil: looking at it that way it has almost doubled, right? but go ahead. >> it has. so that cost you an extra three beers per month on your mortgage than it was before. we have an interesting storm to your earlier guest, she is right. we have an interesting storm happening here where we have the government come out actually confirm we don't have as much of a supply we thought we did. a lot of farmers thought that anyway. now we've got a lot of folks trying to play the demand game, right? we'll have more businesses an restaurants opening up, schools coming back. that will be more demand on that food. but i also seen something else interestingly happening here. as we've got outside money that doesn't normally play this game, is now joining the pack because it is almost like and inflation play for them. let's get on board with this to help hedge our inflation risk because boy, oh, boy, it is
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definitely showing up in the food and energy sectors and hasn't hit a lot of other things yet. it is interesting for me to see other money doesn't normally show up is now getting involved. that is also exaggerating this up move. it has all been very bullish. neil: you know one of the interesting stats on this, alicia, you're probably much more familiar with numbers than i am, millions of americans lucky enough to hang on to their jobs, get no increases because the pandemic, companies putting them off. some cutting at these levels, that that will make them a little less prepared for pricier items at the store. pricier getting ready for grilling season. never too soon, young lady, getting ready for grilling season. i wonder if that makes them a tad more vulnerable than they have been in the past to what to scott's point is a very good one, an overall level that certainly containable but, you do worry, or do you?
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>> so yeah, there is a worry. there are 12 million more people out of work than in february february 2020 today and basic commodity prices are moving higher and to scott's point this is how market participant hedge against inflation. market participants buy real assets. so whether it is, it is commodities, it is real estate and oil, and so that is partly what is driving the bullish move in commodities and food prices and all these hard assets. it is meant to be a hedge against inflation erodes value of safe investments like bonds. yes, on main street, there is a problem. most people have not gotten a raise. the lower quintile is suffering greatly from the covid recession. and will be less likely able to feed themselves. i think this stimulus recovery bill that we're going to get on the order of let's call it
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1.$6 trillion, should be going a long way in doing this bridge. if we really get this kind of stimulus, you could have better, you know, employment as the year goes on. but there will be a short-term hiccup. there is no way of getting around it. food prices are going up and people remain unemployed. neil: all right. guys, we'll take a quick break here. i want to pursue the higher minimum wage that the president is still pushing. he is not giving up. he is open, flexible but he is not giving up. unfortunately i want to pass along very sad news right now. rush limbaugh, radio pioneer battling lung cancer for the better part of two years has died. he was 70 years old. we'll have more after this.
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♪. neil: all right. just relaying again in case you have not heard that rush limbaugh at 70 years old has died. he was battling lung cancer. the worst level of lung cancer you could possibly battle. he was a champion of conservative causes and you know revolutionized the media industry by at least paying attention to those causes and earning a lot of controversy in the process but no one really
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quite like rush, whether you agreed, disagreed he made talk radio very entertaining. he had a knack with words and joining despar rat events and explaining in ways his audience would understand and appreciate. those even who were not his fanneds admired mightily. says something of his passing that all the major news networks are noting it, at saying at very least he was a very effective communicator, if you're on the other side of the political fence, a worthy, articulate stimulating foe. david asman, my colleague, a good friend, studied that career and impact of conservative thought, if you think about it, dave, really began with rush limbaugh mainstreaming it. in a way you could argue similarly built you know the channel we're at fox business, fox news, what have you. at least give it an ear, give it
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more attention. until then had sort of pushed aside. >> he was good friend with roger ailes who really started fox news 24 years ago. but before that, he had already come on the scene. i first met him when i worked at "the wall street journal," when i was op-ed editor at "the wall street journal" back in the mid 1990s. he came over, "the wall street journal" editorial page deals with a lot of sophisticated monetary policy and economic policy and such. you're more likely to see larry kudlow on that page than you are rush limbaugh but what he did was translate the very dense stuff we were dealing with economic policy, put it in ever -day language that folks on radio could hear driving to and from work. he had a way of taking complex material, without simplifying it, but putting it in
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straightforward terms, always with the notion that the way americans dealt with these policies, the way americans used this information was unique because of the freedoms that we have here. he always connected everything that he dealt with with the basic freedom values that we as americans share. that was what cut to the heart i think of his philosophy and his message on the radio. and i never seen anybody do it. there was an old saying when i was a freelance writer that it is easier to write a 5000 word piece for "the atlantic monthly" than it is to write a 500 word piece for "reader's digest." he took a complex subject and boiled it down to its essence. it is americanism, the way nobody, nobody has been able to do. neil: you know, david, you have dealt with your share of issues that come up in life, very
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brave, how you handled that in your family, so i tend not to look even so much at the politics left or right of someone as to how they handle things that don't always go as planned. and his, you know, bravery through lung cancer which is one of the more troublesome, you know, cancers of all, a stage 4 lung cancer at that, and his willingness to keep going through the show as long as he could. he only stopped doing on regular basis i believe in the last couple weeks at that. and the maintain that, with smile, a wink, a nod, and a little rib here and there, i always say we're judged a lot in life not how we handle things that go well but the things that don't. there i think liberals and conservatives could readily agree showed bravery in spades. how do you think he handled all
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of this. >> i you said it perfectly. you know me, you always handled your shares of experiences with grace and humor. rush did exactly same. his brother david, our sympathies go out to his entire family, and his wife. his brother david written number of books, if god has ultimate power why does he force us to some suffer things we do, the answer you hear from a lot of people who deal with this difficult subject, these are tests that really test our spirit, that test our soul. sometimes i think if we make the best of a bad situation we can find out that it increases the value of our life. i think rush limbaugh understood that, and he used the physical adversity that he had in order to become a better human being.
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i could see that happening. he didn't like to talk a lot about his ailment on radio. he would always say that before he did. sometimes he felt required to because his audience was so concerned about him. when he did, it was quite clear, what you said, neil, the way to handle these things, very often goes against your initial reflection, wow, that hurts. why did it have to happen to me. he never got into that, why did it happen to me situation. by the way he was obviously a heavy smoker. he smoke ad lot of cigars. he used to speak glowingly about good cigars. that was undoubtedly related to his lung cancer but he never got into the why me stuff. that is a spiral, if you get caught in it, drags you right down. instead he rose above it. i think, i think was a better man because of it. neil: a lot of people have talked about his closeness with
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donald trump. didn't start out that way, as an early candidate i don't think it was instantaneous as it wasn't for many in the conservative community because donald trump was you know, fitting with that type. but he later on to be got to be one of his fiercest defenders. i'm wondering if that was very instrumental, say what you will of president trump, in rallying support for a lot of his causes, the tax cuts, the cut in regulations, rally a party that was fractured, certainly now very fractured, around this notion that this is something that is in our conservative dna, tax cuts, cutting regulation, the other stuff not so much and that was something that now is a gaping void. i'm wondering how that, how that moves beyond rush limbaugh now until. >> i wouldn't call it a void. because of rush limbaugh, he knew about his influence. he did have extraordinary
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influence. i first mentioned that he first met him 30 years ago and came to "the wall street journal" editorial page and finding ways to constantly fit into his medium and his audience. he also reached out, when ever he was on vacation or was sick and couldn't do his radio show, he would also get young talents, people like mark steyn, for example, who would substitute for him. he was always looking out for other voices. of course sean hannity owes a lot of his success to rush limbaugh. he, rush limbaugh really pointed the spotlight on sean hannity and helped to bring him to stardom. there are a lot of people that do what he does. none as well as the way he did it but there are a lot of people that he brought into the limelight. there are two kind of people in this business, neil. i know you know that. one that try to steal the
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spotlight from others and then those who try to shine the spotlight on others realizing if they make somebody else look good, they look good as well. he was the latter. i think you are too. unfortunately those are the minority though of the people in our business but i think he has shown the spotlight on so many rising stars in the conservative community, particularly those who had the ability to translate the complex into something that average americans can understand and appreciate, that he did that legacy, it will live on and the ability to champion those positions on conservativism, on smaller government, on tax cuts, on fewer regulations in our economy, they will continue. and again probably will we will never see the likes of rush limbaugh again but there are others who will be doing his work. neil: yeah. i think you said it just
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beautifully, david, thank you very, very much for that. rush limbaugh, in case any of you are tuning in right now, might have missed very eloquent david asman had on significance of rush limbaugh's70 years on this planet, whether you agree or disagree with him, i find it comforting look at the person how they handled difficult circumstance, like the reality of having a stage four lung cancer diagnosis. one of my favorite lines when rush limbaugh realized the time on earth was limited. i didn't expect to be alive today, isaid this late last year, i wasn't expected to make it to october, to november, yet to december, here i am. i have got some problems but i'm feeling pretty good today. that's all right today. rush limbaugh gone at 70.
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neil: already, well rush limbaugh knew this day was coming. it has come. he has succumbed to the stage four lung cancer. he has been battling it more than a year right now. he had been missing his show and only in recent weeks here, something that through the worst of his treatment for this horrible disease he had managed to make it through and provide a pretty good example an iconic figure in the conservative movement, but iconic figure in the media period. someone who single-handedly changed the view of how one individual can change people's perception after cause, conservatism. and yet the praise is mutually coming from the left and the right. let's take a look back at rush limbaugh's incredible career and life and impact that exists to this day. trace gallagher looks back. >> i think people listen to the
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radio for three reasons, be entertained, be entertained, entertained. >> avid listeners were entertained when they tuned into rush limbaugh. arguably the most influential man on the radio. listened by 20 million listeners each day, broadcast more than 650 affiliates made him one of the well-known voices for grass root could conservatives an a target of criticism by the left. long before he was a household name, limbaugh calling himself rusty sharp, played record on local radio. >> i was 16, when i started to be a deejay. >> limbaugh a college dropout moved to larger markets, but struggled to fine acceptance for his on air political commentary. that all changed in 1987 when the fcc repealed a law requiring equal airtime for opposing political views. that allowed stations to legally
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air limbaugh's perspective without offering another opinion. limbaugh was soon broadcasting nationwide. >> rush limbaugh with talent on loan from god. >> limbaugh's syndicated radio show became one of the most highly raided programs in the country though sharing economies contouch tiff views were after affectionate ally called dittoheads. he would go from an entertainer to middable force. >> i am dangerous because i am right as correct. and i'm having a good time being right. >> his huge success on radio led to a tv show and seven books. his first titled, the way things ought to be. in 1995 he made the cover of "time" magazine. then in 2001, limbaugh shocked listeners telling them he was almost deaf. >> i think the right side hearing aid, i do not hear a single thing. >> an implant helped to restore his hearing. two years later, another
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unexpected announcement. >> you know that i have always tried to be honest with you. >> limbaugh admitted he was addicted to painkillers which he was taking for back pain. >> immediately following this broadcast, i will check myself into a treatment center for the next 30 days. >> in 2009 limbaugh also attracted a attention not for what he said but because of the way he looked, losing 90-pounds in less than six months. then in february 2020, limbaugh revealed that he was fighting advanced lung cancer. >> i thought about trying to do this without anybody knowing because i don't, like making things about me. but there are going to be days that i'm not going to be able to be here. >> limbaugh had publicly said he started smoking cigarettes as a teenager but said he quit by the early 80s. but still he was often photographed smoking a cigar.
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even questioned the link between smoking and cancer? >> they say our government, one puff, from one cigarette can kill you, if this is true, they should make a scary movie out of this. >> limbaugh never had children but was married four times. perhaps his greatest lifelong was radio. a long time personal friend of president trump's there was this state of the union first. >> i am proud to announce tonight that you will be receiving our country's highest civilian honor, the presidential medal of freedom. [cheers and applause] >> the president acknowledging the radio show host for inspiring millions of people a day. >> i'm grateful for everything that happened. there is so much to be thankful for especially when right in front of you is the prospect of it being taken away.
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and it just amps up the appreciation for all of the goodness that you have in your life. >> one thing both detractors and dittoheads can agree upon, rush limbaugh the man who once claimed to have talent on loan from god, changed broadcasting in america forever. trace gallagher, fox news. neil: with me right now, larry kudlow who was donald trump's national economic council head. of course star of a brand new show here on fox business, "kudlow." he is that economic version if you will, if you think about it of rush limbaugh. larry, i'm very honored you took the time to join us. your reaction my friend? >> well thank you, neil for having me on. look, it is very sad. we knew it was coming but it is still very sad. i thought that you know the picture of him getting the, presidential medal of freedom was a wonderful, a wonderful
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thing and i knew him a long time. you know, i was one of many, many conservatives who were friends with rush. i went to his wedding with katherine years ago. it was a great day. great night. we had elton john as entertainment. i never forget that. rush was the emcee. that was a treat. i sat as i recall bill bennett and his bride. my wife, saintly wife judy and i had a dinner party for him many years ago in the early 90s here in new york city. spent a lot of time with him. a very dear friend. gay gains who lived next door to rush a long time palm beach, their son's wedding at greenbrier. rush and i had a long visit. one of the things i remember down through the years, i think this goes back again to the early '90s or thereabouts, i'm old, neil, i can't remember everything the way it used to be
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but we had a dinner at 21 restaurant here in the city. rush and i and roger ailes and i think someone else was at that dinner and it is a funny thing he, rush was a policy guy. he loved policy. he was inquiring about the budget battles. i think this was like when the newt gingrich revolution was occurring in '93 and '94. i explained to him why budgets never come down in washington, okay? when everyone says you're cutting spending, actually what you're doing is you're reducing the increase in spending. neil: that's right. >> i wish i were smart enough to remember what exactly i said but it went something like this. that if you decided you're going to go alone to buy a car, say you will buy a mercedes, for $100,000 but you wind up just buying i don't know, an oldsmobile for 40 or 50,000, in washington that is scored as
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50,000-dollar budget cut even though you are spending 50,000. you know, you know all about this. i know all about this i'm not breaking any new theoretical ground here but rush, like a light bulb went off. really for the next 25 years or longer he would keep saying that on the air and he would give me credit for it. i just loved it. and he had me on his show a couple of times to talk about it but, it was the one thing that stuck. he always gave me vastly more credit than i deserve for just sort of explaining that point to him. he was very warm hearted man as far as i'm concerned. accessible, available. we emailed a lot together. very smart guy, you know. self-taught. as i say, great interest in policy. and then of course you know, to your own narrative and the shot you had, he just revolutionized
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everything. revolutionized everything. changed talk radio. changed politics. i don't believe newt gingrich and the gop would have taken the house in 1994 were it not for rush limbaugh which was kind of the absolute -- neil: good point. >> i don't think they would have done it, neil. i could be wrong. he was integral to that. then he became a larger than life figure on the right. buff i think a lot of people on the left, it may have disagreed with him but i think, the more civil of them understood what a force he was. and i think he became a model of good talk show guy. you know, and rush, rush usually did not make personal attacks. maybe once in a while but he was a guy who stayed on substance. look, i haven't done a radio show for a couple decades, neil. we just resumed it now. i'm back from washington. you know, in some sense rush
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created me and lots of others that we did what we didn't think we can do. it is a great medium. and he just deserves credit for that. the guy is a revolutionary figure. he is an icon. i'm delighted president trump gave him the medal of freedom. all i can say i wish katherine well. i hope the lord looks after rush. may he rest in peace. he is just an extraordinary story. neil: you know, larry you mentioned it yourself, never any nastiness to you. you could disagree with something you were saying but were never disagreeable, with a venue with rush limbaugh, roger ailes, a host of others and there would be plenty of liberals in attendance and all. personally he would regail the entire crowd. they were very into him, laughed with him, enjoyed his warmth with him. roger ailes in those days. i think where you and rush had
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something in common the ability to communicate and explain things, your decision there. i remember covering you in the days, you were someone i would seek out on nightly business report to get their opinion what was going on and you would explain the washington largess and everything else, that story about they don't cut spending, they slow the growth of spending they call that a day. i remember that very well. that came from you. >> yeah. neil: he did have a knack to try to tell a story. not just a right story or convservative story but to explain it in terms everyone can understand. that is a lot of art, isn't it? >> it is. that is a great point. it is a knack, neil. rush had a way of personalizing it. you know, in the sense like, giving real world examples, you know? a railroad worker in the far west, or farmer in the middle west. you know, he was very good at keeping up at least until the last years, very good at keeping
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up with his correspondence, his emails. neil: he was very, very good at that. i'm jumping on you rudely my friend. i lost track of time. thank you for taking time ahead of your big show pa little more three hours from now. more reflection on rush after this. morning! this is where everything started. the four way is engulfed in history. you're sitting in the place where giants ate. the four way is the heart and soul of the community. ♪ at t-mobile, we have a plan built just for customers 55 and up. saving 50% vs. other carriers with 2 unlimited lines for less than $30 each. call 1-800-t-mobile or go to t-mobile.com/55.
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♪. neil: all right. i was thinking of the passing of rush limbaugh and the kind of people he admired. those who went against the grain. maybe my next guest would be among them. montana governor greg giantforte , change ad the ways the state typically responded to the virus. lifting montana's mask mandate. this is the type of thing rush would generally love go to say, go against the grain. read the numbers, if they are behaving as they are in florida, would also sing the praises of florida's governor, trying to stay open, weather all of this,
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i have a feeling, governor, he would feel the same about what you're doing. before i get into those details, governor, your thoughts on rush limbaugh's passing. >> thanks, neil, for having me on today. rush was a strong voice for conservatism. he will be missed. we need all the voices at table. he was an important one. i was there in the room when the president presented that medal of freedom to him at the state of the state. again, he is going to be missed. neil: you know, i would like to hear a little bit of -- he was very critical, rush limbaugh of the way we reacted to the pandemic. some said a little too brass say about the-- blase condemning state has completely shut down. he shared that with president trump at the time who harbored that view. you addressed the spike in cases
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that were happening. you got elected governor. you said we have to have a balanced approach to this. on the mask thing, governor, do you think you're moving too soon? some are worried that you could lead and trigger yet another spike? >> well, i don't. i trust mon tan nans with their help and loved ones. we've been living with this a long time. i laid out some simple criteria. we needed to get the vaccine to the most vulnerable. we were one of the first states to prioritize people who could suffer consequences or deaths from the virus. we got the vaccine to them. we needed lawsuit protection in place for small business that was put in place last week, i let the mask mandate expire here in montana. i trust montanans. i want to see personal responsibility than impractical government mandates. neil: how are schools going in your state, governor. in tern or versus virtual?
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what is the mix? >> they're mostly open. we need to get kids back in school. here in montana our kids are learning for the most part. they're in classrooms. some local school boards made different decisions. we laid out we can take simple precaution, and get back so some normalcy and our kids need to learn to be back in the classroom. neil: governor giantforte appreciate your time. you were generous to therapy your views on rush limbaugh as well. i would say goes without saying rush would do what you are doing, regardless of controversies generated. >> we have a country founded on individual liberty and freedom. we need to protect it every day. neil: his views exactly. governor, thank you very, very much. we got the dow up about seven points right now. there are other issues going on here. we're not remiss to mention including the talk of getting stimulus done even with a
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fractured republican party. rush limbaugh's passing reminds you of that. after this. ♪. clients. that's why we're a fiduciary, obligated to put clients first. (money manager) so, what do you provide? cookie cutter portfolios? (judith) nope, we tailor portfolios to our client's needs. (money manager) but you do sell investments that earn you high commissions, right? (judith) we don't have those. (money manager) so what's in it for you? (judith) our fees are structured so we do better when our clients do better. at fisher investments we're clearly different. it's not “pretty good or nothing.” it's not “acceptable or nothing.” and it's definitely not “close enough or nothing.” mercedes-benz suvs were engineered with only one mission in mind. to be the best. in the category, in the industry... in the world. lease the gla 250 suv for just $399 a month
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it's time for the ultimate sleep number event on the new sleep number 360 smart bed what if i sleep hot? ...or cold? no problem, with temperature balancing you can sleep better together. can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. will it help me keep up with mom? you got this. so you can really promise better sleep? not promise... prove. and now, save up to $800 on new sleep number 360 smart beds. plus, 0% interest for 24 months. only for a limited time. neil: looking back of the life of rush limbaugh you hear the term talk radio and that essentially did start with rush
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limbaugh, he nationalized in a way that you ever did, the dawn of the reagan years and to become a cottage industry, when i look at people there not looked at with politics, he had many disagreements with me coverage of donald trump or behavioral issues that i would raise but he was very clear he let you know exactly how he felt and he gave you a heads up he was going to let his audience no how he felt, what stood out to me is how he handled hardships, lifelong cancer in dealing with it, an implant for hearing, his battle with drugs that ultimately triumphed over his life, a series of hardships, he earned a lot of money but he endured a lot of hardships, will explore that after this.
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>> how do i invest? well my strategy right now, most of my thinking, i live off of my income my investment portfolio is very conservative a lot of municipals ones because i'm not tapping it. >> do you like the stock market? is that a sign you're worried about the stock market. >> this is been the case that they have been earning enough money to put away i will over 50%, and real estate at pot
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under purchase a lot of real estate. >> you own florida right? >> one particular county i will never own. neil: that was rush limbaugh, we chatted many times on air and off air and functions together and we didn't always agree, certain issues would come up and he let me have it and know about it but he was not secretive about it he spoke his mind and he questioned you if you thought you were out of yours. but the one thing that stands out remember the life of this iconic figure in perhaps the most popular figure if you go back for three plus decades and look where he started from a few dozen stations that were cobbled together, network personalities on the radio, to have them hurt all over the country to better than 600 by the time he passed away there has been no one with his reach impact and in-your-face delivery, endeared
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it to conservatives, that's probably an understatement and it in enraged liberals, i would mention this before people who have met him in circumstances and many of these venues where there was liberals and conservatives alike, he would tell you his hilarious stories and political chips were not there on anyone shoulder let alone rush limbaugh's. david asman knows that career quite well and the impact they had on talk radio which is an overused phrase if you think about it but it really did i don't know if it was single-handedly started with him but it rocketed with him. >> absolutely he was an entrepreneur, that is overlooked quite often when people talk about him he took a medium am radio which essentially was dying and used the dying medium am radio in order to build his
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fortune and build his enterprise and became a huge enterprise, a tremendous not only did it make him fabulously rich but a lot of people who worked for him wealthy and it increased and breathe new life into am radio and turned the talk radio medium into something more than it ever was, he really had entrepreneurial instincts as larry kudlow mentioned earlier he was self-taught and his father was a judge for lack of learning in his family and was he was always a rebel he always did things in his own way and the way in which he took that am radio and turned it into something that he could used to propel himself into stardom and reinvigorate that medium in a way no one else could i think has been -- has not been talked about as much as it should. also his antiestablishment tarrying is a myth you will,
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that's one reason he and trump got along so well they both hated the establishment whether it was democrat or republican or anybody that just thought they were born into a certain class that they were better than anyone else. he really objected to the attitude and there's a lot of the attitude in washington and a lot of attitude in new york, no coincidence that he got out of new york before it was fashionable to go to florida, he left new york, pulled the plug and went to florida not just because the fact that it was a no tax state and he was being taxed out of a lot of his money in new york but because he had a rebellious feeling that he liked, he always like to be close to common folks because of the facts he was self-taught, he didn't go to college, his familr david is a historian on religious matters in legal matters as well.
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he came from a family that was welland's constant academe and well ensconced in legal history but he spurned all that partly because he could not stand the establishment that's one reason he was so beloved by his audience he stood up in a way that nobody else has and sometimes it cost him a lot of problems and he was willing to take those on full fisted and he did so brilliantly. neil: you wonder about the environment with the internet there's so many which conservative voices can be heard but we forget and maybe you and i we could remember what it was like before then and this guy had to squeak through and then rumbled through but it was much, much harder back then. >> it was, interestingly enough television did not suit rush
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limbaugh, he did appear on gastown fox news but he tried a television so roger ailes talked him into trying out television after he succeeded in radio and it went a couple of seasons but it did not go that well the medium did not fit him as well as radio did. his booming voice and the way he was able to use that, as extraordinarily talented that he was in his ability to operate to revive am radio the way he did integrate his own enterprise, even he was not successful at everything that he tried and sometimes he used -- he admitted to his failures when they hit him in the face quite openly he used to talk about the problems that he had with the television medium, he reluctantly agreed to certain interviews almost primarily on this channel on fox business and fox news but bottom line he succeeded because he had
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that spirit, the american can-do spirit that he loved deeply and whenever he sought out political policy or economic policy was to the likes of larry kudlow or the likes of donald trump he focused on the american heart and spirit of that philosophy that he would populate and popularize through his radio programs through way that inspired millions of millions of people not only to vote in a certain way but to go out and rally in a certain way, one might think that donald trump's rallies would not have been successful as they were were it not for the advance work of rush limbaugh. neil: he provided a chance the guest on his show taking listeners calls, calls from us, that had a very big impact on the trajectory of the campaign.
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thank you so much, good reminiscing with you. david asman on the life and impact of rush limbaugh, one thing that i get to my buddy brian kilmeade, as well as the tv figure in his own right, brian you might relate to the story the number of times i interviewed rush over the years, different times but he was an avid golfer and i would cover the pebble beach and it was an opportunity to talk to ceos, luminaries, actors, actresses and i'll never forget the time this is back in 2006 and the beginning of the broadcast he was showing it and he would appear in the crowds were parked and this was the same show either chance to interview clint eastwood and they did not part as much for clint eastwood i take nothing away from clint eastwood but even rush limbaugh was surprised, did you see what happened here and he said they
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must think you're here and he would pooh-pooh it or dismiss it but i don't think he quite bought or appreciated his own celebrity, your thoughts as you look at the impact that this man has had on the right and the left and certainly on the industry and communicating. >> a couple of things, thank you for having me on 12 years i been doing a radio show and the reason why i listen to sean talk to, the reason i listen out special radio is no offensive tv which i love but radio i felt like i knew because a smart as he was and his passion and i felt like he was talking to me and i like how is this guy doing this, how would this guy, conservativism and he would have a point of view, he would have an original thought in the most
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difficult issues quickly which i know you can appreciate and he did and yet talk at the highest level and he doesn't come from poverty, he didn't go to college, he was self-taught and he made $18000 for a lot of year, he was mildly successful salesperson but then he gets fired a couple of times and does radio in the international star and impactful player it invited him to the white house and took his dad up to the white house into the bedroom and his dad kept himself humble in his family knows better he was still the guy who had the same talent, one month ago i haven't told anybody this but a month ago i sent him an e-mail and i said something similar to every show i've heard and every day you
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sound like you're amazed by what's happening and things will be okay i just want to tell you for the longest time the conversational status than the impact that you have had. i got an e-mail back within hours and said you made my day i can't believe you took the time to write this e-mail. i'm looking on my ipad saying is this for real, did i e-mail the wrong guy, a guy with terminal cancer and the most history and broadcasting and he thanked me for my time, i don't know how much time you have but the games do count and i want to talk about nonprofessional athletes but what we learned in sports and he's a football player and i tried to get out of running, i wanted to be quicker and they said why and they said it was a best running as possible. he played in the line and at the
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end if you want to get out of practice when i tell you do the sprint you got a rock 'n' roll every time the top guys sprint brushwood when it, he would be asked and then the coach pulled him aside and said what the hell are you doing and he said i'm waiting for the right time and then i'll save my energy because life is not about pacing yourself you have to go 100% every single day, no excuses know it practice, i kept that the rest of my life and he said is that why when i listen to the show, he goes i think so, and made the impact on him and now the stories of people would ask me about most, you know rush played football and i had no idea about the pacing yourself and for him to be the open he
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returned my call and gave me that story and the impact is undeniable in his loyalty is unbelievable and he lost this feeling is ted inflaming he worked out something with the questions appearing on screen simultaneously so he never heard people's questions but he kept taking calls and healing experts but he never spoke that differently. and he's like okay i'll make an adjustment he just started the history of broadcast and he and his staff divided this miracle way and is only off by a second that is a guy he would ever take to be successful, the blue-collar attitude of every white-collar person. neil: think about it, when he
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had implants and cutting here at all for a while, imagine continuing to do a show, compromised by the inability you cannot hear was going on, i've been fortunate enough to be on your radio show a number of times i don't know how you keep up with the pieces of information that are hitting you it's like me trying to decide a wendy's order and all these choices are coming at you but obviously he had that, the one thing i remember is the love of golf because we would catch up at the pebble beach classics and one time he asked me neil why don't we go golfing, i know a couple of people and i told him i don't golf i said mnuchin golf and he said no this is real golf and he turned around during the break and said what the hell are
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you doing here and i think it summed up the way he would look at things and see through the events of pebble beach classic and brought a huge crowd of ceo politicians did in this case media figures and he did not see himself as one of them and i said i am here actually for you i wanted to talk to you and when i noted people would stop what they were doing to hear this guy who is only presumably known on radio and they all recognized him and they could not fathom and i said look at this crowd react he never bought it he never seem to buy or understand or appreciate the same part, i still don't know what to make of that because i don't know about you but i still check my status every day but him it was weird. >> a lot of times i would say i will go to your office and he's
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looking at his paycheck again and i find that really strange but my last thing on rush is this if you listen to the way that he takes his colors, your opinion matters but not in a pandering way, your opinion matter that is the way if you ever met him that is the way he treated people and that's what democrats would get so maddening they would go after him and barack obama was rush limbaugh is the face of the party and i don't know why got that guy mad but i need to go about my day and he was targeted and he would approach in a friendly way but his thoughts were original, the way he viewed it, he was relaying what he thought and it turns out and it was original and dare i say brilliant he didn't have to go to harvard or yale to get it, it was
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conversations with his dad and david talked about the family and deep issues in the country no one had to agree but they had to participate and then he became so well read with a whole new level while never losing the common man who did not have 16 hours he was working 16 hours at the middle of the day or the end of the day from 12 - 3 and for the broadcasting this is what everybody's been saying since the day he announced he had his cancer and most people knew it was terminal there is no one, no one close, you just don't replace 25 other people into generations in the hope that some people will forget how great he was and i just don't see it, he dominated radio it was like fdr when he used to
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address the american people before television in the middle of a war in here were the radios they would have rush at restaurant where people would stare at the speaker to listen to this guy talk. that is how amazing he was in for people on the outside and people that try to do what he did and to see him pull it off that is even more amazing and to have someone so good you don't even try to get there because he's never going to get there it's almost relaxing to hear i know i'll never get to that level but at least i know the past and what greatness looks like. neil: well said. brian kilmeade you have a lot of that in you young man you work hard and that's one thing that rush limbaugh would always argue, thank you very much and get back to your crazy work yourself. we have a little bit more on this and a lot of pointing out
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rush has ripped a few times on your show and indeed i would get the heads up and it usually considered donald trump and i would try to convey to rush that i was just calling balls and strikes and looking at the successes of the trump administration in the markets and the economy but trying to point out where i could the comparison to the prior administration and the numbers and try to emphasize and try to look at the facts and the data and he would let me know sometimes you gotta go a little bit further than facts and data, go with your gut and there would be the differences. but he was never indifferent. we will have more after this.
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love early is during this period i have a philosophy there is good that happens in everything it may not reveal itself immediately and even in the most dire circumstances if you would just wait, remain open to things, the good in it will reveal itself and that is happened to me as well. neil: rush limbaugh i believe i'll ask my producer melinda that was from last december, was at the final broadcast? neil: final broadcast last december, rush limbaugh passed away at age 70 he had been battling for a year stage iv lung cancer he battled it very briefly, now he slipped the bonds of the earth as ronald reagan would say hopefully in a
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better place, bill bennett is here to wait and can't conservative figure vegetation secretary to ronald reagan, thank you for taking the time, we can talk about the impact of the individual of the radio industry and the communicator in the conservative movement of someone who would very instrumental and had a unique relationship with donald trump in helping to propel the white house in the first place, where are you on his impact and controversial figure, his impact as you see it? >> first of all flipping the bonds of earth was ronald reagan speech written by peggy noonan by a british poet. you know me and fanatic but anyway we are sad, lane and i are together he changed the country, he changed the debate
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he was an unbelievable consequence, i love the headline, monumental influence on radio and that is true. i haven't heard that much, their personal things we were very close friends elaine and i with rush and we were at the wedding and it was a beautiful wedding in florida, alain remembers catherine having breakfast with her nephews in nieces sitting in a baseball game unattended just sitting there with all the children and it was a beautiful thing, rush and i had dinner at patsy's and had talked in new york and on the phone all the time, one great story and people won't believe it, alain was in england and i had a flight from
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chicago canceled i did not know what to do i tried every airline and i thought desperation i called rush and i left a voicemail is is a cell phone, any chance you can rev up eid one and get it to chicago will find a way to pay back, i can't pay you money but i'll pay you back whatever and there was no answer, there was a voicemail and 3:00 a.m. rush called me from the airport and i know because he called me later and somebody picked up the payphone and he said is this bill bennett, i have the plane and i said who the hell is this and he said rush limbaugh and i said i'm santa claus so talk about personal generosity, he was willing to spend outside of gate 42, that was rush he came to my
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birthday party on my 50th birthday party elaine invited him and he came. you have time for one other quick story? neil: please. >> the 21 club the restaurant in new york and he would go there occasionally, we were sitting there and joe dimaggio walks by and he said good you see who that was and i said yeah joe dimaggio and he said are we going to sit here like grown-ups and continue our conversation or are we gonna go like teenagers and run after him and i said were gonna run after him like teenagers. so russian i got up and ran outside and got to the door and mr. dimaggio i am rush limbaugh and he said i know who you are rush and this is bill bennett and joe said i don't know who you are but nice to meet you. [laughter] so we got his autograph, it was those kind of moments that i
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will remember in one thing at the wedding and playing at a reception afterwards was elton john, do you remember this rush had befriended elton john in the hospital and he agreed to come and play at his wedding and there weren't a lot of rock 'n' roll musicians in the crowd that night but some of us are and we had the greatest time and we introduced one thing i'm really proud, we introduced rush to clear thomas, he came to dinner at our house and i said do you want to be there in he said i would really like to meet clarence thomas so we had clarence and jenny and it was a beautiful beautiful evening so many memories i'm distilling up thinking about it. his life changed with catherine and a good woman can do that for
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you as in my case, she changed his life and made them even better. neil: the right woman can do that i love that story about the private plane i had a similar incident up were i to call them up and said is your plane available and you heard of jetblue haven't you -- it didn't really happen. you have that cachet, bill bennett, thank you very much i love the stories they say a lot. i know we live in divisive times and we have all the anger on the left in the riot and you say something bad about a liberal and then it's nasty and then they say something bad about conservative or you're not all in or not allowed or out with this person out without person, sometimes a moment can happen where an iconic figure might speak for the right and kick off the left or some of those might
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say that figure is always right, always there and i think the reality for a lot of people even though we knew this day was coming is he's not always there. rush limbaugh is gone and he left a huge void. key portfolio events, all in one place. because when it's decision time, you need decision tech. only from fidelity. at t-mobile, we have a plan built just for customers 55 and up. saving 50% vs. other carriers with 2 unlimited lines for less than $30 each. call 1-800-t-mobile or go to t-mobile.com/55.
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neil: it's funny when americans are told on the story of rush they are all for pulling the bad guys and tapping the bad guys when they're asked if it were you there dead set against it. >> not you specifically. >> the problem i think again and i don't want to sound obsessively even though i love partisanship, i think it's defining, you know who you're dealing with. neil: rush limbaugh one of the main times ahead at the pleasure of interviewing him sometimes we would disagree over a couple of
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key facts over the last couple of years with issues regarding donald trump in very good stuff about the term policies and sometimes maybe not so the trump behavior he did not take that personally but sometimes you have to appreciate the messenger remember, that was his take many of you reminded me of the choice things he had to say about me when i would challenge the president, donald trump's numbers and say he inherited that and rush limbaugh didn't like to hear that he let me know about it he wasn't secret about it he would be very clear that that was something that bugged him, you knew how he felt and through it all he was also the same guy when i was going through a lot a medical he would check in on me, i could just as easily say that about steve more the great conservative thinker and economic in his own right to donald trump who joins us right now, disagree but don't be disagreeable, i think that
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characterized rush limbaugh and stephen characterizes you as well and i would imagine you look back at his impact and his life, he was a good guy for donald trump to have in his corner. >> he was, thank you for having me by the way and i'm feeling very sad this afternoon but nice to be able to talk about it so when reagan left the white house in 1988 there was a role in the conservative movement at that time, george h. w. bush was not a real conservative when he lost the bill clinton cayman and we conservatives were lost in the wilderness, who do we turn to and he's good to be the champion of the movement and out of the blue comes as radio talkshow host who i'd never heard of before and i don't know when he
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got started it was 92 - 93 when he took off like a rocket ship and everybody had to listen to rush limbaugh, you had to if you wanted to know what was going on politically and you had a conservative bed you had to listen to him. i would make the case that remember the republican revolution that happened when newt gingrich in the election of 94, newt gingrich would tell you the most responsible for that other than him himself was rush limbaugh and one interesting thing, i'll never forget that election because at that time i was working for newt gingrich and dick who is number two in command and nobody, it was in six week before the historic 1994 election and they did a pull of the top 16 political scientist and pollsters and political prognosticators and not one of them said that the republicans would win, except one, you know who that one was. neil: i have a feeling. >> rush limbaugh, he was the
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only one and he was not even a professional pollster, he knew it he could feel the heartbeat of the country because he talked to people every day and i'll never forget that, he proved all the political pundits wrong, the pollsters and the amazing thing about him is how many people have a career that would stand 30 or 40 years at the time, that is amazing. neil: i remember i know there were different radio iconic figures when don oddness was alive, the host, he would always have great respect for rush limbaugh i would not say conservative guy but he would say rush limbaugh skill set that he was a great entertainer and he would be able to frame something in a way that people
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would quote sometimes to extreme when the nasis come to mind that he would lead and impact that you would be able to say this guy is fun to listen to, rush used to say something and probably getting it wrong more who listened like him. it was getting people to stick around before there was fox news and all of that where people tend to keep the channel on for a good chunk of time is not in and out, that was a rush limbaugh, people kept it on in the background i had two old irish and that lived in florida that kept him on the whole time and it was just what you would expect when you stepped in their home and that was something that seems with attention, compromise
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society and the age of internet flashes that come and go, that was unusual and revolutionary to grip and hold an audience for a length of time, that is unthinkable today. >> well put it was working class americans that was the amazing think about rush, who listened to rush, homemakers, truck drivers, delivery people or listening to the radio in their cars or delivery vans and these were people who had normally necessarily thought of themselves as conservatives. rush converted potentially tens of millions of americans to the conservative movement and i think that was a remarkable achievement. i remember every once in a while i would be honored because rush limbaugh would mention something i'd written work quote me and i would get back to my office and
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have a daily of e-mails, rush limbaugh mentioned you, you hit it big time. neil: i would get to the office and people would e-mail me and say rush limbaugh is mentioning you and i do not have the same reaction you got because it wasn't in the same. the one thing i do want to say and i touched on with you just as ronald reagan put a warmer happy as a conservative movement just opposed to mary goldwater many years before, i think rush limbaugh was able to do the same in a way the other media tried but reached a limited audience with the wall street journal and the national observer where they would at least experiments for other points of view, he was able to find a way to package that an appealing way and now of course it's a polarized view of the world, he got what ronald
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reagan did to do this and palatable bites and a sunny, upbeat disposition even down to the way that he handled his dying days and there was an upbeat to him against all odds, here i am but it's been a hell of a ride, helluva life and a lot of people could relate to many disagreed loudly and strongly on all these other points. what do you think? >> my reaction rush was fact-based, that was the other thing, he did not shoot from the hip, he knew what he was talking about he had the facts and that made him not just a delightful person and a very knowledgeable person, i would add i've been pretty lucky in my life to meet famous people like you, i would say reagan certainly is someone who is that camp with rush
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limbaugh and the other one is bill buckley and they had a charm about them and they could stab at the liberals without being mean but making their point and again, using the fax and not just being a shop jock, he knew what he was talking about he was not an economist but he had an instinct for economics that was remarkable. neil: you are right, people talk about you. >> they were surprised, why is he a nice guy, steve moore, what the heck. >> i was lucky enough to be at some of his parties and i was listening to your conversation with bill bennett he was always an iconic group of people that would show up at these parties and one last thing i remember one time sitting at the podium
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20 famous people sitting around and having conversation and rush is sitting at the middle of the center of the table and looking around and looking and watching people with a smile on his face and i noticed something that he could not hear what the people were saying because he really was having a hard time unless you were talking right into his ear he could not hear you but he sat with his delightful smile and how did he do those imitations, he did some of the best political imitations and he cannot hear very well that was a remarkable thing about him. neil: he did a good ronald reagan. >> even had a good neil cavuto imitation. >> i'm afraid to hear that but one he came in and said what are you doing and i said i'm parking the car's and he said minds outside and i always got a kick out of that. but he never lent us the private jet so we did not race, thank
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you steve moore remembering rush limbaugh. were looking at this and obviously keeping track and looking at the other developments and were focused on stimulus happening in washington something that rush limbaugh would regather his listeners and those who reviewed his writings is very impactful whether you agree or disagree but the same issues go on and on but we will see in washington what we won't see, the fighting in the battling in the civil war and each party and he devoted hours of broadcast time to talk about. that stuff goes on, big difference right now is without rush limbaugh.
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>> rush will forever be the greatest of all time, rush was an extraordinary man, a gentle giant, brilliant, quickwitted, genuinely kind, extremely generous, passionate, courageous and the hardest working person i know, despite being one of the most recognized powerful people in the world, rush never met the
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success change his core or beliefs. neil: remembering her husband rush limbaugh who passed away at the age of 70 battling stage four lung cancer for the better part of the year finally succumbing to the disease but with a great deal of dignity and class. we spent a good deal of time since discovering this that he had a unique way to communicate at whether you are a fan of his conservative thinking or a fan who could articulate in such a unique way i often said to my friend gerry baker wall street journal at large the dow jones former wall street journal editor, he wrote like rush limbaugh spoke, i'm happy to have jerry here to weigh in. thank you.
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your thoughts, we talk about iconic conservative figures and we talk about 1964 very goldwater or in the 70s and finally 1980 ronald reagan i would put on that whether you are despite full of his point of view or not certainly rush limbaugh, i wonder where you are on that. >> i completely agree i think that's exactly right if you look at the conservative counterrevolution to the big government, aggressive domination of political debate and indeed public policy for decades after the second world war that counterrevolution had intellectual leaders like milton freedman and political leaders like ronald reagan and cultural figures who were able to articulate in a particularly appealing and upset civil stronl
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way and rushes at the top, if you look at the strands with what we talked about as populism conservative populism and nationalism, they have become dominant in much of the world on the right in the last five or six years, donald trump and one of the key figures in the emergence of the right-wing populist which really was a challenge to the establishment antiestablishment, anti-cultural dominance of the left, rush again later on your fox news in the '90s that played an incredibly important role and when he came on social media but talk radio was the first powerful stream of populist thinking of giving people a voice that thought they did not
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have a voice in the establishment was dominated by liberal progressive voices talk radio was the first to emerge during that in the 70s and 80s and when rush came along it was him who made top radio what it was, his influence i completely agree in the development of the conservative movement is absolutely right at the top with a handful of other figures. neil: you hit a key point there were other conservative iconic figures even in the dirt roads of the media and a whole host of others the wall street journal was seen to the mainstream media but he brought it to a much wider audience and brought it and popularized it in ways that had never been done and you were conservative writing for office you really wanted rush limbaugh to notice you, ronald reagan
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midway through his term realized that was a powerful base and a powerful audience as did donald trump that was when you did not overlook. >> right up until he was still broadcasting very late before he died, absolutely and not really as they say about many people much imitated with admissible but rush pioneered that and there were many proliferation talkshow host some of the very good and some pretty indifferent but nobody captured it in the way that rush did and there's another reason not everybody sees it extraordinarily smart and articulate and funny and you appreciate this because you're a great world-class to he was a terrific broadcaster and people on the left when they say he was a right wing propagandist or right wing agitator and he put
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out all this conservative stuff he put out an intelligent conservative counter establishment mind but he was really good at the media when you listen to a show right up until the very end he spent a couple of hours listening to rush limbaugh and you did not have to agree with everything he said. neil: you are right he never did. >> you never agreed with anything he said he was absolutely compelling and irresistible listening and that was part of his skill not just as politics or ideology his mastery of the medium. neil: a great line he would throw at me i will let you occasionally veer from me, i would sweat, gerry baker, thank you very much. more after this.
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neil: all right. charles payne, to you, my friend. charles: hey, neil, thank you very much. good afternoon, everyone, i'm charles payne and this is "making money." breaking at this moment we have got intriguing action in the market right now. the giant winners of the past year they're una fair amount of pressure which i think is fine and even inevitable. the bigger question is why? does it have anything to do with spiking yields or were investors looking for excuses to cash in some chips? one thing for sure buying based on money printing should be more enabled or bowlenned certainly with this market but what happens when inflation is an

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