INFLATION GAUGE.
♪.
LARRY: HELLO, FOLKS, I’M LARRY
KUDLOW.
WELCOME TO OUR JULY 4TH
CELEBRATION SHOW.
OUR BIG THEME THIS YEAR IS
RESTORING LIFE, LIBERTY AND THE
PURSUIT OF HAPPINESS THAT
PHRASE, ENTIRE DECLARATION OF
INDEPENDENCE THE MOST IMPORTANT
DOCUMENT IN THE ENGLISH
LANGUAGE.
I THINK IT IS THE MOST IMPORTANT
DOCUMENT IN WORLD HISTORY EXEMPT
PERHAPS THE BIBLE.
THE DECLARATION OF INDEPENDENCE
WAS ESSENTIALLY A BILL OF
DETAINER AGAINST THE DESPOTIC
KING GEORGE III AND BRITAIN.
I WILL QUOTE.
WHEN THE COURSE OF HUMAN EVENTS
IT CAUSES PEOPLE TO DISSOLVE
POLITICAL BANDS THAT CONNECTED
THEM WITH ANOTHER, TO ASSUME
AMONG THE POWERS OF THE EARTH
SEPARATE AND EQUAL STATION TO
WHICH THE LAWS OF NATURE,
NATURE’S GOD ENTITLED THEM, A
DECENT RESPECT OF THE OPINIONS
OF MANKIND REQUIRES THAT THEY
SHOULD DECLARE THE CAUSES WHICH
IMPEL THEM TO THE SEPARATION.
RIGHT HERE, I WANT TO DRAW
PARALLEL TO TODAY, EMPHASIZE THE
WORD SEPARATION.
NOW JOE BIDEN IS NOT EXACTLY
KING GEORGE BUT UNCLE JOE’S
ATTEMPT AT A RADICAL WOKE
TRANSFORMATION OF AMERICAN
SOCIETY AND HIS BIG GOVERNMENT
SOCIALISM IN THE ECONOMY AND THE
COMPLETE COLLAPSE OF HIS
EXTREMIST ENERGY POLICIES
ATTEMPTING TO END FOSSIL FUELS,
ALL THIS IS GENERATED A HUGE
POLITICAL AND ECONOMIC REVOLT IN
AMERICA.
THE BACKLASH AGAINST BIDEN AND
HIS FAR LEFT PROGRESSIVISM, IT
REACHES INTO VIRTUALLY EVERY
NOOK AND CRANNY OF THE COUNTRY
AND ITS POPULATION.
I BELIEVE WHAT HAPPENS TODAY,
VOTERS ARE PLANNING PEACEFULLY
THROUGH THE MIDTERM ELECTIONS
WITHHOLD THE CONSENT OF THE
GOVERNED INSTITUTE A NEW
GOVERNMENT.
IN SHORT THE CALVARY IS ON THE
WAY.
OUR GREAT DEMOCRACY LAUNCHED BY
THE FOUNDERS STEMMING FROM THE
DECLARATION OF INDEPENDENCE IS
WORKING WELL.
MAKE NO MISTAKE THERE IS A GUY
ANT SIZED REVOLUTION AT WORK, A
SEPARATION IS COMING, JUST AS
THOMAS JEFFERSON, BEN FRANKLIN,
JAMES MADISON, THE OTHER AUTHORS
OF THE DECLARATION ENVISIONED
246 YEARS AGO.
THEN COMES THE MOST FAMOUS
PARAGRAPH IN THE ANNALS OF
DEMOCRACY, A RALLYING CRY FOR
ALL AGES AND I QUOTE, WE HOLD
THESE TRUTHS TO BE SELF-EVIDENT
THAT ALL MEN ARE CREATED EQUAL,
THAT THEY ARE ENDOWED BY THEIR
CREATOR WITH CERTAIN UNAN ENABLE
RIGHTS AND AMONG THESE THE LIFE,
LIBERTY AND THE PURSUIT OF
HAPPINESS.
THAT TO SECURE THESE RIGHTS,
GOVERNMENTS ARE INSTITUTED AMONG
MEN DERIVING JUST POWERS FROM
THE CONSENT OF THE GOVERNED.
WHEN ANY FORM OF GOVERNMENT
BECOMES DESTRUCTIVE OF THESE
ENDS IT IS THE RIGHT OF THE
PEOPLE TO ALTER OR ABOLISH IT AN
INSTITUTE NEW GOVERNMENT.
ALL RIGHT.
PLEASE NOTE THE FOUNDERS
ACKNOWLEDGED THE CREATOR ENDOWED
ALL MEN, AND WOMEN TOO, WITH
THESE UNALIENABLE RIGHTS.
ALSO THE FOUNDERS CLEAR VIEW
THAT GOVERNMENTS DERIVE THEIR
JUST POWER FROM THE CONSENT OF
THE GOVERNED.
LET US SUGGEST A LITTLE PECKING
ORDER, STARTING WITH THE CREATOR
GOD, GIVING THE POWER TO THE
PEOPLE, THAT IS THE CONSENT OF
THE GOVERNED AND THEY, THE
PEOPLE, TELL THE GOVERNMENT WHAT
TO DO.
THE BIG GOVERNMENT SOCIALISTS
TODAY BELIEVE GOVERNMENT IS ALL
POWERFUL.
THAT PEOPLE BARELY MATTER EXCEPT
MAYBE A FEW LEFTY INTEREST
GROUPS.
IN THE RADICAL PROGRESSIVE WORLD
THERE IS NO GOD, INDEED THERE IS
NO RELIGION EITHER.
AND THEN COMES THE PHRASE, LIFE,
LIBERTY, AND THE PURSUIT OF
HAPPINESS.
I THINK IT IS MY FAVORITE TOTAL
PHRASE.
IN ALL LIKELIHOOD THIS WAS
COINED BY THE ENGLISH
PHILOSOPHER JOHN LOCKE.
HISTORY SUGGESTS HE WAS A VERY
GOOD PAL OF JEFFERSON, FRANKLIN
AND MADISON.
THE PHRASE ACTUALLY COINED BY
THE THE LIB TEAR LOCE, NO
ABSOLUTELY POWERS OVER THE
LIVES, LIBERTY AND STATES OF THE
PEOPLE.
LOCKE INSISTED ON RULE OF LAW,
THE SANCTITY OF PRIVATE
PROPERTY.
HE DETESTED THE IDEA GOVERNMENTS
HAVE ABSOLUTE POWER.
JEFFERSON A BRILLIANT THINKER
AND WRITER WAS ALSO A VERY
CLEVER MARKETING MAN.
HE KNEW HOW TO SELL A PRODUCT,
IN THIS CASE INDEPENDENCE.
SO I THINK FOR MEDIA PURPOSES HE
TOOK OUT ESTATES AND PUT IN IN
PURSUIT OF HAPPINESS AND IT
WORKED.
THE DOCUMENT SOLD LIKE WILDFIRE.
IT IMMEDIATELY JUMPED TO NUMBER
ONE ON THE BEST-SELLER LIST FOR
THE 13 COLONIES.
IT HAS BEEN THE REVOLUTIONARY
RALLYING PHRASE FOR DEMOCRACY
CRUSADERS EVER SINCE.
NOW RIGHT NOW HERE IN AMERICA
VERY FEW PEOPLE FEEL CONFIDENT
ABOUT THE OUTLOOK FOR LIFE,
LIBERTY AND THE PURSUIT OF
HAPPINESS.
MOST FOLKS BELIEVE THEY ARE
WORSE OFF THAN THEY WERE 18
MONTHS AGO.
VIRTUALLY EVERY ASPECT OF
AMERICAN LIFE IS IN DECLINE.
RECORD INFLATION, WITH
SKYROCKETING GAS AND GROCERY
PRICES, FALLING REAL WAGES, A
LOOMING RECESSION, OVERARCHING
GOVERNMENT BELIEVE IT IS ALL
POWERFUL WITH
COMMAND-AND-CONTROL REGULATORY
CONTROL STATIST AUTHORITY.
ALL THAT TO CEASE, CONTROL
INFORMATION, LIMIT FREE SPEECH,
CURTAIL RELIGIOUS FREEDOM, KEEP
PARENTS OUT OF SCHOOLS,
RADICALIZE EDUCATION AROUND
RACE, GENDER, SEXUAL
IDENTIFICATION, UNDERMINE LAW
AND ORDER, DEFEND CRIMINALS, NOT
VICTIMS.
ATTACKS AGAINST REVERED
INSTITUTIONS LIKE THE SUPREME
COURT, DECLARES WARS ON
BUSINESSES ENCOMPASSING A
RADICAL EXTREME CLIMATE STRATEGY
IN COMPLETE COLLAPSE AT HOME AND
GLOBALLY, MOCKS OUR FREE
ENTERPRISE SYSTEM, SPEND,
BORROWS, PRINTS MONEY WITHOUT A
SLED OF PURPOSE AND IMPOSES
CONFISCATORY TAXES ON SUCCESSFUL
ENTREPRENEURS AND BUSINESSES,
ENDED SOVEREIGNTY AT THE BORDER,
COMPLETELY BUNGLED OUR NATIONAL
SECURITY POLICIES WITH OUR
CATASTROPHIC WITHDRAWAL FROM
AFGHANISTAN AND ALWAYS FALLING A
FEW STEPS BEHIND VLADMIR PUTIN
IN THE UKRAINE.
AND IT BELIEVES GLOBAL
GOVERNANCE, RATHER THAN AMERICA
FIRST.
SO WE HAVE A MODERN-DAY BILL OF
ATTAINER AGAINST AN ABSOLUTIST
GOVERNMENT.
I THINK THOMAS JEFFERSON AND THE
FOUNDERS WOULD BE VERY PROUD.
THAT AMERICA WILL KNOW TO FIND
THE BEST WAYS TO RESTORE LIFE,
LIBERTY AND THE PURSUIT OF
HAPPINESS.
THERE WILL BE RETURN TO OUR
FREEDOMS, OUR FREE ENTERPRISE,
OUR DECENCY AND OUR TRADITIONAL
VALUES.
THAT IS WHAT WILL MAKE AMERICA
WORK AGAIN.
THIS IS A FIGHT WORTH MAKING AND
FIGHT WORTH WINNING.
AFTER ALL, THAT IS WHAT JULY
FOURTH IS ALL ABOUT.
THAT IS WHAT THE DECLARATION OF