WELL THE CAVALRY IS COMING.
AND THAT’S MY RIFF.
NOW, WITH GREAT PLEASURE, WITH
GREAT PLEASURE, JOINING ME IS
BRIAN KILMEADE HOST OF WHAT MADE
AMERICA GREAT ON "FOX NATION."
CO-HOST OF "FOX & FRIENDS."
HOST OF "ONE NATION" WITH BRIAN
KILMEADE AND
"THE BRIAN KILMEADE SHOW" ON THE
RADIO.
>> GOOD JOB, LARRY AT THE OPEN.
YOU SET THE TERRIBLE PERFECTLY.
LARRY: I’M NOT GOING TO BURDEN
YOU WITH ALL THESE DETAILS BUT
LET’S START WITH THE POLITICS OF
THIS.
WE’VE SEEN A COUPLE DEMOCRAT
SENATORS AND HOUSE MEMBERS
RUNNING FOR RE-ELECTION JUMP
SHIP.
IN GENERAL, WHAT IS YOUR
INSTINCT, WHAT’S YOUR GUT,
WHAT’S YOUR READ?
THIS IS SHEER VOTE-BUYING OKAY?
THAT IS THE INTENT.
HE DOESN’T EVEN HAVE THE
AUTHORITY TO DO IT BUT BRIAN
KILMEADE, IS THIS GOING TO WORK?
ARE PEOPLE GOING TO APPLAUD THIS
OR NOT?
>> I REALLY FEEL THE SAME WAY
SINCE HE PUT IT FORWARD THAN
PRIOR TO, THE REASON WHY HE
HESITATE AD YEAR-AND-A-HALF,
PUSHED BACK BEHIND THE SCENES,
SAME REASON WHY CORTEZ WON’T GO
FOR IT, TIM RYAN IS NOT INTO IT,
MICHAEL BENNET DOES NOT WANT TO
SIGN ON TO IT, LARRY SUMMERS IS
AGAINST IT AND SO MANY OTHERS
ARE UNCOMFORTABLE WITH IT, WHY?
BECAUSE EVEN THE NUMBERS DON’T
ADD UP.
SO HARD TO GET 18s TO 25s TO
THE POLL.
WHAT MAKES YOU THINK MIDTERMS
GET THEM TO THE POLLS?
IF YOU GET THEM TO THE POLLS
THAT SOMETHING THAT DOESN’T TOOK OFF THE REST BUT HOW MANY PEOPLE
OFF THE REST BUT HOW MANY PEOPLE
AT 38 YEARS OLD, 42 YEARS OLD,
54 YEARS OLD, I TOOK GREAT
PRIDE, DID GREAT BUDGET, ONE
BEDROOM APARTMENT.
THIS WOULDN’T WHERE I END UP, UP
WITH OF MY BILLS LIKE THE
LIGHTING BILL, WAS A STUDENT
LOIN.
MAYBE YOU GOT ACCEPTED INTO A
GREAT LIBERAL ARTS SCHOOL AT
50,000, ONE ACCEPTED AT 25,000.
GUESS WHAT?
I COULDN’T GO.
YOU ARE NOT DENIED.
YOU SAID THAT WILL NOT HAPPEN
AGAIN.
I WILL MAKE THE MOST OF THAT
EDUCATION OR YOU REALIZE AT 30
NO ONE ASKED YOU WHERE YOU WENT.
WHAT YOU ARE, WHAT YOU ARE
CAPABLE OF.
THAT IS JUST IT.
LARRY: JUST GOING TO ADD, I
AGREE FULLY.
THAT’S MY GUT, OR, OR, YOU WENT
TO A TRADE SCHOOL, WENT TO A
VOCATIONAL SCHOOL.
>> RIGHT.
LARRY: YOU WENT TO A MECHANICS
SCHOOL, YOU LEARNED TO BE A
PILOT, DIDN’T DO ANY OF THIS
OTHER STUFF, BUT WATCHING A,
YOUR TAX BILL GOING UP AND B, A
LOT OF PEOPLE GETTING OFF
SCOT-FREE, YOU THINK TO YOURSELF
THIS IS UNFAIR AND I WILL VOTE
AGAINST IT.
>> I WILL BRING YOU TO A
DIFFERENT LEVEL A LOT OF PEOPLE
WHEN THEY’RE 18, 19, A LOT OF
PARENTS TURN AROUND SAID THEY
WANT TO SAY THEIR KID IS GOING
TO YALE, A FULL RIDE TO UCLA.
OTHER TIMES MY KID WILL GO TO
COLLEGE.
IF MY KID DECIDES THEY WANT TO
BE A ELECTRICIAN OR PLUMBER,
THERE IS PRESSURE ON PARENTS
MAYBE THAT IS NOT SO GREAT.
THANKFULLY WE’RE LOOKING
DIFFERENTLY, MORE ACCURATELY,
VALUE OF TRADES.
MY KID IS NOT MUCH OF A STUDENT
BUT LOVES TO WORK WITH THEIR
HANDS.
THEY WANT TO DO SOMETHING MORE
WITH THEIR LIFE, JOIN THE
MILITARY.
A LOT OF PARENTS HAVE PRESSURE
THAT THEY WANT THEIR KIDS TO GO
TO COLLEGE BECAUSE THAT IS THE
AMERICAN DREAM.
WE’RE EVALUATING THAT.
MAYBE SIDE OR GLANCES FROM OTHER
PARENTS THAT KID IS NOT
MOTIVATED.
WHAT RUBS SALT IN THE WOUND,
THOSE KIDS AT 35 CAN’T PAY OFF
THE LOAN, THOSE KIDS 18 TO 35,
ASKED TO PAY OF THESTUDENT LOAN
TO THE TUNE OF AMERICAN PEOPLE?
THEY ESTIMATE 154 MILLION
TAXPAYERS, PAY 800 BILLION OF
THAT BACK, REALLY EXCEPT FOR THE
PEOPLE THAT GOT ADVANTAGE OF THE
EDUCATION.
IT IS INSANITY.
LARRY: I WAS THINKING WHEN YOU
WERE JUST SAYING THAT.
ELECTRICIANS, PLUMBERS,
CARPENTERS, ARE IN HUGE DEMAND.
>> HUGE.
LARRY: HUGE DEMAND.
PEOPLE THAT REPAIR COMPUTERS,
TECHNOLOGY IN GENERAL, HUGE
DEMAND.
>> YEP.
LARRY: THEY DIDN’T GO TO YALE.
THEY DIDN’T HAVE TO GO TO YALE
BUT THEY’RE EARNING VERY GOOD
MONEY, SIX FIGURE MONEY, RIGHT?
COPS, NURSES, HEAVEN FOREBID,
PUBLIC SCHOOL TEACHERS THEY
DIDN’T GET ALL THE LOANS OR IF
THEY DID A LOT OF THEM PAID IT
OFF.
>> RIGHT.
LARRY: I THINK THIS IS GOING TO
BACKFIRE ON BIDEN, WHERE I’M
GOING.
>> HUGE.
LARRY: KEEP READING HOW
DEMOCRATS ARE COMING BACK FOR
THE MIDTERM ELECTIONS.
I DON’T BUY ANY OF THAT STUFF
WITH A LOT OF PHONY POLLS.
I’M SAYING WITH THIS STUDENT
LOAN CANCELLATION, FORGIVENESS
BAIL OUT THING THIS IS KILLER,
ABSOLUTE KILLER FOR THE
DEMOCRATS.
>> THERE IS SOMETHING ELSE GOING
ON TOO, HEAD FAKE.
THE HEAD FAKE WITH THIS BILL IN
PARTICULAR.
WE HAVE A BIG HEART SO WE’LL PAY
OFF PEOPLE THAT HAVE BIG DEBTS
BECAUSE WE HAVE A BIG HEART.
WE ARE GETTING THE DEFICIT, NOT
THE DEFICIT BUT THE INFLATION
REDUCTION BILL BUT IT IS REALLY
NOT.
WE’RE IN A RECESSION, TWO
QUARTERS IN RECESSION BUT WE’RE
REALLY NOT.
AFTER A WHILE YOU GO I’M NOT
LISTENING TO YOU ANYMORE.
I’M NOT LOOKING FOR A
DEFINITION.
I DON’T REALLY NEED, HARD TO GET
PEOPLE TO LISTEN EVEN THOUGH
YOUR RATINGS DEFY THAT, IN THE
SUMMER UNTIL AFTER LABOR DAY.
UNTIL AFTER LABOR DAY.
WHEN YOU’RE AT THE BARBECUE,
LIVING YOUR LIFE, GETTING READY
TO PLAY COLLEGE SPORTS IN THE
FALL, YOU DON’T SAY TO YOURSELF
I WONDER IF I’M IN A RECESSION?
I WONDER IF MY PERSONAL ECONOMY
IS GOOD, PUT ON THE TELEVISION
AS MUCH RESPECT THEY HAVE FOR
FBN.
THEY ARE MAKING DECISIONS ABOUT
OUR OWN LIFE.
LARRY: THEY WATCH
"FOX & FRIENDS."
>> THEY HAVE TO.
THEY’RE HUMAN,.
LARRY: AND YOUR MESSAGING.
I WILL TALK ABOUT YOUR MESSAGING
BUT I WANT TO ASK ONE THING OUT,
VERY GOOD POLL OUT, LIKELY
VOTERS TRAFALGAR, BRIAN, THE
COUNTRY DOES NOT LIKE THE
JUSTICE DEPARTMENT AND THE FBI,
OKAY?
BRIDE BIDEN’S JUSTICE DEPARTMENT
SUBMITS PROPOSED REDACT SHUNS
FOR MAR-A-LAGO, THAT IS COMING.
LOOK, INDEPENDENTS OPINION OF
DOJ AND FBI, UP ON THE FULL
SCREEN, IT IS ROUGHLY 48% SAY
THEY’RE TOO POLITICAL, CORRUPT
AND CAN’T BE TRUSTED.
ONLY 44% SAY RESPECTED FOR
PURSUIT OF JUSTICE.
THOSE ARE, THESE ARE LAW
ENFORCEMENT.
JUSTICE DEPARTMENT AND FBI.
PEOPLE ARE WATCHING MAR-A-LAGO.
WHATEVER.
THEY DON’T RESPECT IT ANYMORE.
THAT IS A GIGANTIC PROBLEM.
THAT IS A PROBLEM FOR BIDEN BUT
I THINK IT’S A PROBLEM FOR THE
COUNTRY.
>> I DO.
AGREE WITH YOU.
NOT ONLY TRUST BUT LOOKS
PARTISAN.
LARRY: RIGHT.
>> IF YOU JUST THINK ABOUT THIS,
ON THE SAME DAY WE HEAR, SAME
WEEK WE HEAR ABOUT THE DOJ, WHAT
RIGHT DID THEY HAVE TO, DID THEY
GO TOO FAR?
TRYING TO MAKE THIS AN ELECTION
ISSUE?
TRYING TO GET MORE INFORMATION
FOR THE JANUARY 6th
INTERROGATION RESUMING AFTER
LABOR DAY?
AT THE SAME TIME WHISTLE-BLOWERS
COME FORWARD TELL SENATOR RON
JOHNSON STORY THAT HUNTER BIDEN
STORY WAS READY TO GO, THE FBI
WAS TOLD DO NOT TOUCH THE HUNTER
BIDEN LAPTOP UNTIL AFTER THE
ELECTION.
NOT A MATTER OF DON’T BACK THE
BLUE.
HAS NOTHING TO DO WITH THIS.
YOU CAN BACK THE BLUE AND NOT
SUPPORT THE WAY THEY ACTED IN
UVALDE OR DEREK CHAUVIN IN
MINNEAPOLIS.
DOESN’T MEAN YOU DON’T BACK THE
BLUE.
DOESN’T MEAN YOU DON’T DO IT
UNEQUIVOCALLY.
SO YOU HAVE MORE CREDIBILITY.
35,000 FBI AGENTS DOING A GREAT
JOB AND 10 AT THE TOP ARE
PARTISAN FOR POLITICAL PURPOSES
GOING OUT TO DO THE DEMOCRATS
WORK.
THAT DOESN’T MEAN YOU DON’T BACK
THE BLUE.
I SEE ANDY McCABE, KLEIN
SMITH, STRZOK, JIM BAKER, I’M
SICKENED BY THEIR PARTISANSHIP.
THAT DOESN’T MEAN YOU DON’T
RESPECT THE FBI.
LARRY: I SEE THEM BREAKING DOWN
TRUMP’S DOOR IN MAR-A-LAGO
RATHER THAN NEGOTIATE.
HE WAS A FORMER PRESIDENT.
>> ABSOLUTELY.
LARRY: THEY SUPPRESSED
COMPLETELY THE, HUNTER BIDEN
LAPTOP AND NOW I SEE THE
GOVERNMENT IS ASKING ME TO BAIL
OUT THE GUY WHO LIVES ON THE
OTHER SIDE OF TOWN FOR HIS LOAN
THEY COULDN’T REPAY.
>> BY THE WAY PUTTING DOWN YOUR,
PUTTING DOWN YOUR TAX REFORM AS
HE EXITED THE BUILDING.
SAME CRITICAL OF ME PRESIDENT
BIDEN TURNED AROUND GAVE HUGE
TAX BREAKS TO THE RICH THREE
YEARS AGO.
THAT IS ANOTHER SHOT AT YOU GUY
WHICH IS INACCURATE.
LARRY: THEY DIDN’T.
ALL WENT TO THE MIDDLE CLASS
WORKING FOLKS.
ALL OF THEM.
UPPER END DID VERY POORLY.
YOU’RE TERRIFIC.
YOU’RE COMMENTATE SOMETHING
FABULOUS.
YOUR TV SHOWS ARE FABULOUS.
YOUR RADIO SHOWS ARE FABULOUS.
I WORSHIP THEM WHEN I GET TO
COME ON "FOX & FRIENDS" OR YOUR
RADIO SHOW, OKAY BUT YOU KIND OF
BROKE MY HEART THIS MORNING.
>> I DID?
LARRY: PLAY THIS CLIP.
YOU WILL TAKE A LISTEN.
>> THIS MEETING TOMORROW IN
JACKSON HOLE WITH THE SPEECH BY
FED CHAIRMAN JAY POWELL --
>> WHO IS AT JACKSON HOLE?
>> JAY POWELL.
>> BUT WHO ELSE IS THERE?
ALL THE GREAT FINANCIAL MINDS,
RIGHT?
LARRY: OH, BRIAN.
THESE ARE NOT THE GREAT
FINANCIAL MINDS.
THIS CONFERENCE AND THE FEDERAL
RESERVE IS DOMINATED BY LEFTIES,
BY SOCIALISTS, BY CLIME MAT
CHANGE PEOPLE.
BY RACIAL JUSTICE INSTEAD OF
FIGHTING INFLATION, WHEN YOU
SAID THESE ARE THE FINEST
ECONOMIC MINDS I JUST SAGGED.
GULPED DOWN.
THAT IS NOT THE BRIAN THAT I
KNOW.
>> LET ME JUST SAY IN THE BIG
WORLD --
LARRY: [LAUGHTER]
>> THE THING THAT SHOULD BREAK
DOWN LARRY KUDLOW, AT THE END OF
"BORN FREE," WHEN YOU RAISE THE
LION LET IT OUT TO THE JUNGLE
THAT SHOULD BREAK YOUR HEART.
THAT THEY NEVER ARE SEEN AGAIN.
GAIL SAYERS CHASING BRIAN
PICCOLO PASSING AWAY SHOULD
BREAK YOUR HEART.
A DRESSED PROFESSION AOL ON A
MORNING SHOW SHOULD NOT BREAK
YOUR HEART.
LARRY: JOE MANCHIN CAME OUT IN
FAVOR OF THE SCHUMER BILL.
>> I WOULD SAY POWERFUL
FINANCIAL --
LARRY: SO THEY THINK, ALTHOUGH
THE WHOLE WORLD IS AGAINST THEM
BECAUSE THEY BUNGLED THE
INFLATION STORY SO BADLY.
WE SAID THIS WEEK, WE COVERED
THIS JACKSON HOLE CONFERENCE.
I USED TO GO TO THAT THING FOR
YEARS AND YEARS.
EVEN SPOKE AT IT A COUPLE TIMES.
A WHILE BACK IN THE LATE ’90s
SOMETIME I KIND OF LOOKED AROUND
WITH A FEW FRIENDS OF MINE, IT
WAS ALL THESE LIBERAL LEFT
SOCIALIST.
LARRY: QUASI-SOCIALISTS CENTRAL
BANKERS AND FELLOW TRAVELING
ECONOMISTS AND THE WHOLE WORLD
HAS CHANGED.
THE RESULTS ARE SHOWING IT NOW.
WE’VE HAD ALL THE CRISES.
RIGHT NOW WE’RE IN ANOTHER
INFLATION CRISES.
NOT SO LONG AGO WE HAD A
FINANCIAL CRISIS.
I HATE TO SAY IT THEY ARE NOT
THE WORLD’S BEST MINDS, THEY ARE
NOT.
WE NEED ORDINARY PEOPLE.
PEOPLE FROM BUSINESS, NOT
ACADEMICS.
PEOPLE WHO WORRY ABOUT INFLATION
AND THE COST OF LIVING BUT --
>> HAVE TO LIVE WITH RESULTS.
LARRY: YEAH, WE NEED PEOPLE FROM
THE REAL WORLD.
THAT IS THE BIG PROBLEM FROM
JACKSON HOLE.
THERE ARE NO PRACTITIONERS, NO
PEOPLE WITH COMMON HORSE SENSE.
I’M NOT HERE TO BEAT UP ON YOU
BECAUSE YOU’RE THE BEST OF THE
BEST BUT I’M SAYING I DIDN’T
WANT IT TO PASS BECAUSE I DON’T
THINK IT IS TRUE.
I THINK ONCE UPON A TIME WHEN
VOLCKER WAS CHAIRMAN AND
GREENSPAN WAS CHAIRMAN, THAT IS
WHEN I WENT TO THOSE
CONFERENCES.
THEY DID HAVE THE BEST MINDS.
IT WAS EQUALLY BALANCED LEFT AND
RIGHT WITH CONSERVATIVE TILT AS
IT OUGHT TO BE.
>> RIGHT.
LARRY: THESE ARE THE FINANCIAL
PEOPLE.
NO MORE.
IT IS ALL GONE LEFT.
THEY’RE ALL MORE WORRIED ABOUT
CLIMATE CHANGE THAN INFLATION
BECAUSE INFLATION HITS ORDINARY
WORKING PERSON.
CLIMATE CHANGE IS THE COASTAL
ELITES.
>> RIGHT.
WHEN YOU TALK ABOUT ENERGY WHAT
WE NEED TO DO TO TURN AROUND AN
ECONOMY AND THEY DON’T GO TO
THAT THAT MAKES YOU THINK
THEY’RE NOT TRYING TO WIN THE
GAME.
LARRY: THAT IS THE SAME.
I WILL ADD TO IT THE DAVOS
CROWD.
>> RIGHT.
LARRY: EVEN I REGRET TO SAY BRT,
BIG CEOs THAT MEET, WASHINGTON
BUSINESS ROUNDTABLE CROWD, THEY
HAVE ALL MOVED LEFT.
NOT EVERY SINGLE ONE BUT
BASICALLY.
I DON’T KNOW WHY.
IT IS HURTING US.
ALMOST LIKE HERE, LET ME CONNECT
ONE LAST DOT THEN WE’LL GO.
LIKE WE’RE TALKING ABOUT HALF
THE COUNTRY LOST CONFIDENCE IN
THE FBI AND THE JUSTICE
DEPARTMENT.
>> YEAH.
LARRY: OKAY?
I WILL BET YOU MORE THAN HALF
THE COUNTRY LOST CONFIDENCE IN
THE PUBLIC SCHOOL SYSTEM.
AND I WILL BET YOU WAY MORE THAN
HALF THE COUNTRY HAS LOST
CONFIDENCE IN THE FINANCIAL AND
ECONOMIC MANAGEMENT OF THESE BIG
ORGANIZATIONS LIKE THE FEDERAL
RESERVE.
>> YOU KNOW, I WILL BUILD ON
THAT.
THEY HAVEN’T LOST CONFIDENCE
BECAUSE OF MARKETING.
HAVEN’T LOST BECAUSE OF
ADVERTISING.
THEY HAVE LOST BECAUSE THE
RESULTS WEREN’T THERE AND THEIR
PERFORMANCE CAUSED THAT LACK OF
CONFIDENCE.
LARRY: THAT IS EXACTLY RIGHT.
>> NOBODY’S ADVICE, IT IS WHAT
THEY SEE, WHAT THEY SEE IN THEIR
OWN FAMILIES WHEN IT COMES TO
SCHOOLS, BUT IT DOESN’T MEAN WE
DON’T HAVE PHENOMENAL TEACHERS
WHO DON’T DO IT FOR THE MONEY,
WHO AFFECTED THOUSANDS OF LIVES.
THAT IS ANOTHER THING I DON’T
WANT TO SWEEP TEACHERS WATCHING
LAST WEEK IN THE EAST BEFORE
THEY GO BACK TO SCHOOL.
UNBELIEVABLE APPRECIATION FOR
IT, JUST DON’T JAM AN AGENDA
DOWN KIDS THROATS.
SHOULDN’T TALK ABOUT SEX ED AND
GENDER STUDIES WITH
FIRST-GRADERS.
YOU SHOULDN’T NEED A GOVERNOR TO
STAND UP FOR THAT.
LARRY: THAT IS EXACTLY RIGHT.
>> CAN WE END UP ON BETTER
TERMS?
ARE WE STILL --
LARRY: NO.
IT RAISES THE A BIGGER POINT,
THAT’S ALL.
PEOPLE HAVE LOST -- HERE’S THE
THING, NEWT CALLS IT BIG
GOVERNMENT SOCIALISM.
I HAPPEN TO AGREE WITH NEWT.
IF THE SOCIALISTS HAD DONE WELL
THEY WOULD HAVE DONE WELL
ACCORDING TO THE RESULTS.
>> RIGHT.
LARRY: IN IT WAS GOING TO WORK
IT WOULD HAVE ALREADY WORKED.
AND IT AIN’T WORKING.
>> RIGHT.
LARRY: SO PEOPLE NEED TO
QUESTION THAT AND GO TO THE
POLLS AND VOTE ON THAT BASIS.
NOT EVERY DEMOCRAT IS BAD.
SPEAKING A FORMER DEMOCRAT
ALTHOUGH 50 YEARS AGO BUT THE
PARTY’S GONE BAD.
YOU’RE RIGHT.
A LOT OF GREAT TEACHERS OUT
THERE BUT THE LEADERSHIP OF THE
UNIONS HAS GONE BAD.
>> RIGHT.
LARRY: THE FEDERAL RESERVE, I’M
SURE THERE ARE SOME FINE
ECONOMISTS IN THE FEDERAL
RESERVE.
I STARTED MY CAREER AT THE
FEDERAL RESERVE BANK OF NEW YORK
BUT THE LEADERSHIP HAS GONE BAD.
THERE SEEMS TO BE A LEADERSHIP
ISSUE.
GET OUT.
THEY’RE SCREAMING AT ME.
>> I WILL HAVE SOMETHING TO SAY
BUT I WILL SAY IT IN THE BREAK.
LARRY: BRIAN KILMEADE, CATCH HIM
ON "ONE NATION WITH BRIAN
KILMEADE," SATURDAYS 8:00 P.M.
EASTERN FOX NEWS.
WAIT A SECOND, WHAT ABOUT
"FOX & FRIENDS"?
ALL THE OTHER THINGS.