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tv   Kennedy  FOX Business  February 17, 2021 11:00pm-12:00am EST

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elizabeth: brad blakeman, thank you so much for joining us and breaking the story again reports coming fbi, d.o.j. investigating governor cuomo. thank you for joining us i'm elizabeth macdonald watching "the evening edit", we hope you have a good evening join us tomorrowom night. larry: hello, everyone, and welcome back to "kudlow." now today, tough day, america lost a titan of conservativism. broadcast legend rush limbaugh died at the age of 70. last february limbaugh told his listeners he had been diagnosed with terminal lung cancer. president trump awarded him the medal of freedom at the state of the union address shortly after that announcement. i knew if rush personally, knew him for a long time, and i along with his legions of fans and conservatives will dearly miss him. he was a patriot who fought for freedom, liberty every day, and he influenced millions and
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millions of people. rush had a way of presenting and expressing the anti-big government stance of conservatives. in one famous quote rush simply said: as conservatives, we have ultimate faith in people. get out of their way and they will triumph. his contribution to our national dialogue is a treasure that will endure for decades to come. so together, let's take a look at just some of rush limbaugh's legacy. >> i think people listen to the radio for three reasons, to be entertained, to be entertained, to be entertained. >> reporter: and avid listeners were widely entertained when they tuned into arguably the most influential talk radio host. his daily program heard by an estimated 20 million listeners each day and broadcast by more than 650 affiliates, making him one of the most well known voices for grass root
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conservatives and a target -- grassroots conservatives. limbaugh, calling himself rusty sharp, played records on local radio in missouri. >> i was 16 when i started being a deejay. >> reporter: limbaugh, a college dropout, struggled to find acceptance for his on-air political commentary. that all changed in 1987 when the fcc repealed a law requiring equal air time for opposing political views. finish that allowed stations to legally air limbaugh's perspectives without offering another opinion. limbaugh was soon broadcasting nationwide. >> rush limbaugh with talent on loan from god. >> reporter: limbaugh's syndicated radio show became one of the most highly rated programs in the country. those sharing limbaugh's conservative views were affectionately called admit toheads -- dittoheads. he would soon become a formidable force in american poll lick ticks. >> i'm -- politics. >> i'm dangerous because i am
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right -- [laughter] and i'm having a good time being right. >> reporter: his huge success on radio led to a tv show and seven books, his first titled "the way things a 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 out, i do not hear a single thing. >> reporter: a cochlear implant helped to restore his hearing. two years later, another unexpected announcement. >> you know that i have always tried to be honest with you. >> reporter: limbaugh admitted he was addicted the 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. >> reporter: in 2009 limbaugh also attracted attention not for what he said, but because of the way he looked, losing 90 pounds in less than six months.
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then in february 2020, limbaugh revealed that he was fighting advanced are 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. >> reporter: limbaugh had publicly said he started smoking cigarettes as a teenager but said he quit by the early '80s. still, he was often photographed smoking a cigar and 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. >> reporter: limbaugh never had children but was married four times. perhaps his greatest lifelong love was radio. a longtime personal friend of president trump's, there was this state of the union first. >> i am proud to announce
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tonight that you will be receiving our country's highest civilian honor, the presidential medal of freedom. [cheers and applause] >> reporter: the president acknowledging the radio host for inspiring millions of people a day. >> i'm grateful for everything, there's so much to be thankful for especially when right in front of you is the prospect of it being taken away. it just amps up the appreciation for all of the goodness you have in your life. >> reporter: one thing detractors and dittoheads can agree on, rush limbaugh, the man who once claimed to have talent on loan from god, changed broadcasting in america forever. trace gallagher, fox news. larry: all right. that was a heck of a story. joining us now to take up the legacy of rush limbaugh, fox news senior political analyst,
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my friend, brit hume. thank you, brit, for coming on. ing appreciate it very much. now look, brit's on the phone. i, you know, among all the kudos to rush, you know, his changing of talk radio, am talk radio, his being a conservative icon, getting gingrich and the republicans elected to congress in '94, helping president trump running for re-election and so forth, brit, one thing i want to say, i knew trump -- i knew rush fairly well. he was a policy guy. he was a self-taught policy wonk who was very good in the art of persuasion with respect to conservative ideals and principles. that's -- i don't want that to be lost in all of these discussions, brit. >> yeah. and i think one of his genius, one of the things about his genius, larry, was that he could turn a policy discussion into something fun to listen to. you know, he talked about how he wanted to be entertaining. he could make that stuff
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entertaining. he had an eye for the little stories that sort of exposed the foibles and failings of the policies of the left, and they were, the stories were kind of eye-catching in a way, and you'd hear him explain 'em, and it brought conservativism to life, i think, in the minds of countless viewers. you know, and, larry, before he came along the media landscape was very different. you remember it well back in the early '80s when there was nothing like -- conservative talk radio was unheard of, to speak of, and there was no big national show that anybody ever listened to. am radio was on the wane, and it was really limbaugh that showed the way. and not only with his show a staggering success, but it opened the door to countless over -- you listen to sean hannity, he'll tell you that rush paved the way for him, and he's been hugely successful. larry: hugely. even kudlow.
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kudlow did a radio show for almost 20 years, and he's resuming it now, and, you know, again rush, you know, president reagan ended the so-called fairness doctrine so you could just put out what you wanted to put out in content. and that was a huge change. brit, just on this other point though, i'll tell you a real quick anecdote i've shared with others. back in the middle '90s or so, we had dinner at the old 21 restaurant, rush limbaugh, roger ailes, myself, there was another person there. i can't remember his name, i'm too old, can't remember. but rush, you know, starts asking me economic and financial questions. he did, he loved to talk policy. and he said to me why can't washington ever cut government spending? and i said here's the problem, it's the way they count it. so, rush, if you're going to go out and buy a mercedes benz for $100,000 but along the way you decide you like the oldsmobile better for whatever, $50,000,
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washington counts that as a budget cut even though, in fact, you just spent $50,000 of the taxpayers' money. now rush latched on to that for years, brit, and he would use it on the air. he would say larry kudlow said this, and it was a hoot. he never forgot it, never forgot it. >> you know, that was, that's a wonderful example of his ability to encapsulate a policy issue in a way that anybody can understand. and that was part of his genius, that he could do that. and, you know, you think about it, larry, i mean, the dominance that the left held during the, in the '80s and before, before he came along was really total. now, look, it's still dominant today but nothing like -- still dominant today in the media, but nowhere near the extent that it was before he came along. larry: what's your, what's your thought, how much of a blow to conservativism in general is rush's passing going to be?
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>> well, it was a very popular radio show, but i think that, you know, his, in a sense, his race has been run. he's spawned many like him. presumably, you know, a lot of listeners will be drawn to their audiences and, you know, the ideas and the mission that e had will carry on. i mean, it is a loss because, you know, if you ever knew him at all finish and i know you did probably better than i did, he was a very likable and a remarkably humble guy. larry: yeah. >> and certainly, we will all miss him. arguably, he was the best at his craft, but he's no longer alone in the field. larry: no, that's true. that's true. one guy i've learned from, by the way, speaking of conservative talk radio is our pal, sean hannity, who does a fabulous job. >> yeah. hugely successful. larry: hugely successful, and sean's been -- >> you were too, larry. and i hope -- let me just say on
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a personal note, i'm so glad you're with us. so glad. larry: thank you, brit. of it's been a great pleasure. great start. brit hume, thank you very much. the great rush limbaugh dead at age 70. more "kudlow" when we come back. more "kudlow" when we come back. please stay with us. stay restless with the icon that does the same. the rx crafted by lexus. lease the 2021 rx 350 for $429 a month for thirty six months. experience amazing at your lexus dealer.
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larry: so another record-setting day on wall street, at least the dow. that's the third straight record close. s&p down a bit, nasdaq down can 82. it's a red hot economy, folks. we'll talk about guy gantic numbers later in the show, retail sales, manufacturing and housing. but on anotherer subject that i find very troubling, president joe biden spewing one of the biggest falsehoods of his early presidency. are listen to what he said last night about covid-19 advantage seens. vaccines. >> i shouldn't say it that way, if you remember. but when you and i talked last, we talked about it's one thing toto have the vaccine which we didn't have't when we come into office, but a advantage city nay to have. how do you get the vaccine into someone's arm. you need the needle, you need the mechanisms to get it in. larry: no vaccine? really.o well, listen, thanks to president trump's operation warp speed if, a covid vaccination
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was approved and ready to be distributedo last october, in really six months. maybe less than that. which every expert said was not possible. now, president biden, vice president harris have even received both vaccination doses already. this isn't the first time, though,h that biden and his administration have spread falsehoods about the vaccine program a they inherited. >> the sad part is the last administration didn't leave anything. they didn't leave a plan. >> the process to distribute the vaccine, particularly outside oa nursing homes and hospitals, out into the community as a whole, did not really exist when we came into the white house. >> there was no national strategy or plan for vaccinations. in many ways, we are coming -- we're starting from scratch. >> it's one thing to have the vaccine, which we didn't have when we came into office. larry: but now the biden white house gloating about that very
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same vaccine program, today proudly telling reporters 1.7 million doses are being administered every week. by the way, it was already 1.1 is million a day when president trump left office. and i want to read you something. this is very important. harvard professor, political scientist and no fan of donald trump, his name is graham allison. neb -- he wrote in a "wall street journal" op-ed late last december, and i quote: had mr. trump not created the initiative, appointed as its leader a man who knows the vaccine development world and giving him license to spend $10 sbillion outside normal contracting procedures, covid-19 vaccines would still be only a work in progress. okay? and i want about to read some more before i get to other
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stuff. at the end of that op-ed piece, all right, grahammalson from isharvard, he -- graham allison from harvard, he says, look, capitalism and a deeply-flawed, often dysfunctional disrupter in chief who in this case certainly did a good thing. okay? i'm not hear to debate deeply flawed and functional, blah, blah, blah. but i'm just saying if a guy like graham allison can pony up the truth honestly, i just don't you c said why president biden d vice president harris want to continue this massive campaign of what i call cognitive dissonance or just plain falsehood. it ain't true. quit doing it. now, our next guest was the man in charge of operation warp speed, dr. slow by, chief scientific officer for seven he's saw, a new pharmaceutical company that's a merger of ten
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biotech start-ups. thank you for coming on, my friend. >> thank you, larriment march this fabulous article by graham allison, i'm sure you read the thing and i'm sure you know who he isment but he says president trump's operation warp speed led by a controversial former head of vaccine development at the pharmaceutical company glaxosmithkline which has delivered more vaccines than any company in the world which gave billions of taxpayer dollars to biotech and pharmaceutical companies to speed it up, he singles you out and the president out for appointing you, and he singles all of the team for getting this thing done because every single genius, interest group, university, college, think tank, foundation said it couldn't be done. so i'll just start with that. why do you think biden is trying to phony this up? what's in it? i don't get that. >> well, listen, i frankly have no idea why. i'm surprised. i mean, obviously, the vaccines
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were approved, two vaccines, in the middle of he's and started to be distributed by january 3rd, if my memory serves me. we have distributed about 14 million doses or almost 20 million doses of the vaccine. and upp til now, more than 70 million doses of vaccine have been distributed, and the plan are exactly as we put them together, to have about 200 million doses distributed by the end of the month of march. and that's remaining the plan. and to vaccinate the u.s. population by the end of the month of june, based on what i heard the president say yesterday, it's now the end of of july, but that's more or less the plan that we put together, frankly, that's happening. and maybe there are improvements, and that's really great. some a acceleration, but clearly we didn't go from no plan to a plan and from if no vaccine to a
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vaccine. larry: and quartermaster general of the army was in charge of getting it out. this is something that there's so much confusion about. i just want to -- i mean, you know this cold, but, you know, to our viewers, look, the pharma has put this together, and we got it out to the states. it is the states that were in charge of the individual distribution, the actual vaccinations, quote-unquote. some statesme have done better than other states. but that's what the states wanted, and that's what the law held. just like mandates and so forth. the states are in charge of that. i'm just saying that president trump, you and our whole team on the task force, we did what we were supposed to do. now, let me ask you something, you mentioned this about the number out by june or july. according to the cdc -- you may correct these numbers, you may know more. according to the cdc, right now there are moring vaccinations, actual vaccinations than there
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are cases, according to the cdc. there arehe 55 million vaccinations and 28 million total cases. now, i'm going to add 'em up to 83 million. now, i ask you, how much more do we need before we can really say herd immunity? we don't have to do the young kids, we don't have to really do the high school kids either. you've got 83 million. given your timetable, we may be at herd immunity by, i don't know, late spring, early summer. >> yes, i think the plan is to achieve substantial levels of herd immunity by, when 75-80% of the population is vaccinated, and that is likely to be achieved somewhere in v may or early june. i hope. if we continue on the pace we eare and continue to accelerate the immunization schedules as per the origin of plan and the current plans. larry: so real quick then, it's wonderful of you to come on and
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straighten this whole story out, what was the biggest issue. when you came in, i don't recall -- the president asked you to come in, perhaps jared kushner, i don't exactly recall. you and i spoke on the phone a few times, but what was the biggest turning point for you to get this successfully off the ground? >> well, larry, actually jared was one of the key leaders with secretary azar and the secretary of defense that asked me to come in. and they told me, listen, don't care about bureaucracy. make sure everything you to is legal, and don't care about the budget. we need to have vaccines as quickly as possible. and, frankly, what happened is we have integrated into the operation the nih, the fda with the appropriate firewalls, the c,dc, the army and the private companies and just decided to work. and, frankly, shielded ourselves
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from thehe politics, focused on the science and generating data. larry: it was, in fact, a massive planning exercise that was well executed. and let's not forget president trump's own bias, bring the private sector in, bring the pharmas in, bring the, you know, the pharmacies in for that matter. anyway, thank you very much, head of operation warp speed. for the life of me, folks, i do not know why president biden won't give credit where credit is due. > next up, will president biden undo can former president trump's trade deal with china? big question. or might the new administration admit that it is working for american people? that should determine trade policy, for american people, blue collars and many others on main street. we're going to talk to the man 40 who negotiated that deal, former u.s. trade rep ambassador robert lighthizer. he joins us next.
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♪ larry: the biden administration continues to be somewhat ambiguous on b how it's going to handle china. now,ha is that because they dont want to say out loud that the trump administration had it largely right? here's what the white house press secretary had to say last month about the phase one china trade deal. >> well, the national security team, the newly-confirmed secretary of state, president biden are all reviewing all aspects of our national security approach including, certainly, our c relationship with china. larry: all right. questionon is, is the china trae deal actually working? our next guest was one of former president trump's lead negotiators on the deal, robert lighthizer, former u.s. trade representative, dear friend. bob lighthizer, best in the business.
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and you'vehe created templates here. we don't need to probably get the u.s./mexico/canada, how great that was, but on china, now, so far it looks like they want to follow your lead, president trump's lead, but not exactly. and there was some, you know, with the phone call with xi, bob lighthizer, did that put biden on his heels? what's your surmise right now given what you may know? >> youat know, first of all, larry, let me congratlate ya. you're a dear friend, and i think this is a great show. i watched yesterday. it was market and policy and politics. it was perfect. i look forward to watching for years and years to come. so let me get that out to have have -- out of the way first. i'm so happy for you as a dear friend. so on the question that you, that you asked, let's remind ourselves. president biden did not run against president trump's trade
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policy. president trump, you will recall four years ago, he ran against the obama, bush, etc., clinton, etc. it was one of the principal reasons that he ran for president, it was one of the principal reasons that he won. he, along with all of us who worked for him, changed the paradigm in trade. and when president biden ran, he did not run against that policy. it's really important to remember that, number one. number two, in the final analysis, probably the biggest thing we did was change the way people think about china. it's almost hard to remember four years ago. there was this, there was a lack of concern except in some parts of the republican and democratic party and with president trump about technology and the like. and the president had a plan, it was a long-term plan, and we executed it, i think, quite well. we ended up with phase one.
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there's no reason in the world for president biden or his team to change that. if they're smart, and i think they are smart, i think they'll modify t it, they'll make it lok a little bit like his policy which is what politicians do. but the essence of it are rules that make it -- make a fairer relationship. soso let me just say there's two ways to think about this. one, there's the national security, the export if control stuff. and --an the export control stu. andwh then there's phase one, which i'll describe for your viewers just very briefly to remind people. on phase one probably the biggest single part of it is we kept tariffs in place to offset unfairir advantages that china d in technology theft and subsidies in state-owned enterprises and the like. secondly, we had systemic changes, systemic changes in intellectual property and technology transfer and financial services and currency
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and inn a bunch of barriers to agricultural trade. and then finally, we had purchases. i would say if you look across -- and then it was enforceable. i should add that very clearly, it was enforceable. the first really enforceable agreement like that that china had ever entered into9. so we had a very good agreement. i think with respect to most of it, china did a very good job of implementing. on the purchases it was uneven -- larry:s where is it now? on thehe purchases? i i mean, the two biggest things. look, as a confirmed free trader, you taught me the incredible importance of preventing this technological stealing, the ip theft, the forced transfer of technology. you turned me around on this completely. and, by the way, there was no the reciprocity on a lot of these agriculture things. so, bob, i have two thoughts here quickliment one -- quickly.
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one, have they made the changes you want on intellectual property theft and, two, have they bought the commodities that you outlined or at least are they on the way? >> so ill say, first of all, the -- i would say, first of all, the tariffs have been a success. secondly, among the systemic changes, i think they've done a prettytt good job particularly when you realize that they've had the same kind of disruption from covid that we have. and on the purchases, agriculture's been pretty good, manufacturing not so good, energy probably notoo very goodt all. having said that, there are a lot of funny things happened during the recent period. and the energy market that you know well, and they did buy a lot more oil from us relative to how they have in the past compared to, like, saudi arabia. so i think they've made a real good faith effort to implement it. having said that, we are in a very serious competition. china wants to be number one in the world, the united states
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wants to be number one in the world, and i think the biden administration is going to follow through onid this. there's no reason in the world for them to change this policy except to modify it to make it his own. i mean, that's politicses, i understand that. and if you start seeing them shift away from the export controls or the tariffs and the like, then i think people ought to really be alarmed. but i don't expect that to happen. larry: 300 -- as i recall, about 365 billion in tariffs. whether we call that an insurance policy or not, you advocate keeping them and then let china implement, we'll get a chance to watch their progress or lack of progress, is that the idea? >> yeah. i think that's right. and, look, this is the first agreement like in that china ever entered into. it's written, it's in detail, and it's fully enforceable. so it was a real, real shift. and i think it's important for us to remember it's not just that americans and members of
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the obama/biden administration who changed their view on china, but people all over the world, in europe and other places have all realized that there's a problem here. and i should also add the other thing that really was the hallmark of the trump trade policy was shifting our objective, as you said in your introduction, to working people. larry: working folks. >> and i think if you listen, if you listen to what the biden people say, it's very much like what i said and the president said and you said, president trump and you and i said that ourur objective is to help workg people. larry: yep. >> that's our objective. and if we do that, then we're going to have the a successful policy. larry: i think that was the big change. you brought me along, you absolutely did. and on the future with china, you worked with me in the reagan years, trust but verify. how about that?
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>> i think that's exactly right. [laughter] and we ought to be optimistic that the biden people to right thing, and if they don't, hold them accountable. because in the final analysis, he is going to be judged by how he got this relationship more than any other thing, and so was president trump. it's just that important an issue. larry:or right. robert lighthizer, the best in the business trade negotiator, changed a lot of minds, made a heck of a lot of great deals. thank you, robert. up next, folks, president biden apparently has some very big plans for your money. >> we can't spend too much. now's the time we should be spending. now is the time to go big. larry: so to we really need to go big at this point to come out of the pandemic? we're going to hear from marr ya bartiromo next up on "kudlow." ♪ ♪ [ thunder rumbles ] [ engine rumbling ] ♪♪
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>> constitution doesn't need to be. conservative intellectuals, the declaration does not need to be redefined, and neither does conservativism. conservativism is what it is, and it's not something to men, shape -- [cheers and applause] larry: all right. that was the great rush limbaugh this on conservativism. probably with the cpac audience. anyway, bring in my great, dear friend maria bartiromo. of course, she's the host of "mornings with maria," as well as maria bart bartiromo's "wall street" on fox business, and she hosts "sunday morning futures" on fox news. maria, it is wonderful to have you here. on rush, i was trying to remember if you had been -- judy and i gave him a dinner party in the early to mid '90s, whether you and david asman may have been there. you may have been there. i want to ask you a sort of serious question. rush was an icon, he changed radio, but, you know, he was a
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free market/supply side guy, he favored lower taxes, deregulations, he didn't want government to stop and control industries like health care and energy. how big a loss is this going to be to those of us -- i think yourself included -- who agree that free enterprise is the way to go, not government control. >> well, larry, it's good to be with you this afternoon. i think it's an enormous loss, obviously. i did not know rush very well, but i was a follower, and all of the o things that you just mentioned were so important to continue the conversation, to constantly hear the notion that free enterprise works, and it is the way to go to offset the other side of the argument. and it's a great loss for conservativism and free speech particularly now at this time where we're seeing blacklisting, we're seeing censorship. i felt this way after matt
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drudge as well. it's a a sad situation. i didn't realize he was that sick. i knewe that he was sick. i'm sorry to hear this news today, and my condolences to him, friends, family. because you're right, it was an enormousrm loss, larry. larry: i mean, in some sense, maria, downan through the years, all right? i've been through the conservative movement, look, since the reagan years, rush was kind of became the backbone of the conservative movement. and, you know, if senators, housena members or presidents gt out of line in his view, you'd hear about it on the radio show which reached, what, 40, 45 million people. remember they had the rush hours, the lunch breaks that people would just come to a diner and listen to rush limbaugh. we may miss that backbone. we may miss that backbone. martha: well, i mean -- maria: i mean, you've got an environment right now what there are others talking about this, but you're right, nothing to the
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extent of the audience and the loyalists that he had, the 40 plus million. also when you see things like what you were able to do, larry, move the needle on these ideas, move the needle on actually putting them to work. it was so critical to actually see that approach actually work. and put, put into place and be so effective. i mean, look what happened under the trump administration because of yourself and your colleagues actually moving the needle on economic growth and actually moving the needle on the idea that, yes, freedom works expect free capital -- and the free capital system works. don't have bigger government telling people how to act, what to say, what to spend on. in fact, let the markets trade, let the free capitalism run. and that's what we saw under your administration, the trump administration, and we actually saw a change. the needle moved on economic growth. we need to actually continue to seee this approach put to work o
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that people can continue to understand its effectiveness. larry:e. maria, a great line. freedom works. we've got to hold that line and hold that thought. thank you ever so much. next time you and i are going to -- we'll dissect the economy and the stock market. mnuchin told us last night the returns are going to be a little lower in the future. i'm running out of time the, you know i'd love to spent is hour with you. be sure to watch "mornings with maria" weekdays from 6-9 a.m. right here on fox business. now, millions in texas are still without power, and it didn't have to happen. former energy secretary dan brouillette is going to explain. he joins us after these quick messages. s this is "kudlow." s this is "kudlow." please stay with ♪ ♪ ♪ why do you build me up, build me up... ♪ ♪ buttercup... ♪
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larry: all right. record low temperatures and historic winter storms continue to hit hard across the southwest.t. millionsre of texas residents he been left without power, heat and some water for over 36 hours, and they're now facing yet another round of winter weather. this isnd a direct result, frankly, offed bad decisions -- of bad decisions regarding green energy versus fossil fuels. okay? this is one of these real world
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experiences where we can test the proposition that we should throw out fossil fuels -- oil, gas,, coal, etc. -- and rely completely on renewables which struck out in this texas sub-freeze storm. let's bring on a great friend, former energy secretary dan brouillette, who knows as much or more about this as anybody. dan, it's great to see you, my friend. talk to me -- >> larry -- [inaudible] congratulations on the new show. larry: oh, thank you. i appreciate it very much. can i just ask you something? there's a story running about -- i'm not sure i get this right, but,ng quote, carbon windmill blades didn't work or some such thing? what's that all about? can we clear that up at the top? >> well, larry, i think you can do a lot to winterize the wind turbines as well as other parts of the electricity generation facilities and the grid itself.
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and there are newer technologies that are coming online for the wind industry that will allow these turbines to work much more efficiently not only in the winter time, but also the summertime as well. that's something that you and i were part of at the department of energy, our national laboratories are working on these technologies right now. larry: but, in fact, i mean, the point you made and others -- rick perry was on network yesterday -- you just can't rely on one power source. isn't that what you're saying? you wanted a portfolio -- >> no, that's right, larry. larry: -- that was our policy, and they seem to be cutting it back. i mean, renewables are fine, dan. i think you and i can agree, we like all of the above, quote-unquote. but that's not what i'm hearing. what's your take on this? >> no, you're -- that's exactly right, larry. what we want to do is have a very diverse energy supply, and that includes renewable technologies, it includes solar, it includess wind, things we haven't yet seen, things like nuclear fusion energy as well. but we also need to maintain our
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baseload lek thing here in america, and that involves natural gas, coal in certain instances in certainri parts of the country, and it's very important that we not eliminate those types of fuels too quickly because, as we have just seen in texas andnd as we saw last yearn california, when you become overreliant on one form of energy and one form of electricity generation, you put yourself and your citizens at risk. and that's something that we're going to have to evaluate as part of this event in texas. we need to understand what happened. were the pipelines dependent the renewable energy out in the western part of texas or not? and if they were, then i would argue thatt we have the equation exactly backwards. we can't make our baseload electricity, our natural gas pipeline or natural gas utility, completely dependent upon intermittent and, frankly, sometimes unreliable renewable energy. larry: the "wall street journal" editorial today blamed texas in part, too much reliance on wind,
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too much reliance on those juicy tax credits that came around w. bush and obama and so forth. can i just get real quick -- we're running out of time, dan -- can we start using nuclear more? >> we should. we have to make, we have to take away the regula la story regime that we're currently operating under and make it more efficient and more inexpensive to build, larry. it's a great form of energy, and it happens to be carbon-free. larry: greatme stuff. former energy secretary dan brouillette, thank you very much. all right, folks, up next, west stvirginia senator joe manchin s now the deciding vote, apparently, for president biden's progressive-left agenda. so what are people saying? we're going to go out there and find out. find out. more (sam) gamers! he who is good for making excuses is seldom good for anything else. take fuzzywuzzy28. blamin' losses on a laggy network. only one or two. verizon 5g ultra wideband is here,
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♪ ♪ larry: democratic west virginia senator joe >> democratic west virginia senator i choate manchin may be standing in the way a president bidens barry left a progressive agenda. foxbusiness correspondent edward lawrence is inni morgantown, west virginia with rmuch more, edward what have you learned? >> hey a larry first welcome to foxbusiness. a lot of voters out here have a lot of opinions, strong opinions about the new political power first entered joe manchin. charles mcewen is one of them making custom leather products for 45 years. as a small business owner said
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he does not want to see them vote for any relief package thatat raises minimum wage, listen. so that i don't think the government should be in the business of regulating that sort of thing. basically if the minimum wage goes up, then everything else goes up. and it cuts into how much an employer can pay, how many people he can hire on a small small business level. >> and they do not want to see a bail out package that would help other states that have mismanaged their funds. larry, voters are watching or close to its happening. >> thank you foror that report portrait out cyclically folks, we'll see about mr. manchin, we will see if he has the strength to avoid the minimum wage. last nightht former treasury secretary at mnuchin said they should not use reconciliation the should have a bipartisan bill instead. and i agree. anyway, tomorrow afternoon,
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our special guest's former national security adviser robert o'brien. and folks, if you missed any of the show we have an encore presentation every night at 7:00 p.m. comes even better the second time, thanks for watching kudlow. i am most grateful, have a wonderful evening. ♪ ♪. kennedy: welcome to it, joe biden is backpedaling faster than unicycles on the edge of a volcano remember his promise to get kids back in school within his first 100 days? will now it is looking more like the first thousand. and that could be a stretch for the commander-in-chief last night went on cnn for a friend little town hall where he was pushed on almost nothing. but parents across the nation, including myself, come on man we want answers. not softballs. if that's too much ask sleepy joe's prom began last week when his press secretary jen psaki said this. >> his goal that he set is to have the majority of


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