Dec
10
Kudlow and Company, from Steve Leslie
December 10, 2007 |
Last evening, I had the pleasure of tuning in Kudlow and Company. I was reminded very quickly why this is the best financial news show. Unlike the wags you see on other networks, such as Neil Cavuto, Brenda Buttner and friends on Bulls and Bears, Lou Dobbs and the other talking heads, the producers at Kudlow and Company really give you your money's worth by displaying some of the top people in business, investments, politics and finance. Moreover, they are unfettered and are free to present their thoughts and opinions and it is up to the viewer to decide what is relevant to his own financial future.
Last evening, Bill Seidman was on to discuss the current financial crisis in real estate and its relationship to the S&L crisis and the commercial real estate crisis in the 90s that he presided over. In addition, Fritz Meyer of AIM Investments, Mark Skousen and Gary Shilling were on board for a investment roundtable discussion on the outlook for the economy and the Federal Reserve decision on interest rates. Equal time was given to Robert Reich and the Wall Street Journal's Steve Moore to debate the likelihood of a recession and Reich was his usual argumentative self.
Larry Kudlow is a devout Republican, outspoken supporter of the Republican candidates and staunch conservative but it does not prevent him from offering equal time to the other side of the aisle to present its case and views. It is a tough, hard-hitting one hour and one that a serious investors should attend regularly. It can be seen on CNBC at 7PM est.
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I thought it was just the same show every day. But after reading this I will take another look at Alan Greenspan’s little brother’s defense of Objectivist Capitalism.
We have CNBC on all day in our futures office…when that windbag comes on Sportscenter is what we watch! Goldilocks be damned!
You must be joking, if there’s one thing I’m certain Larry despises it’s Objectivism…he’s a born-again thumper.
How can you expect anything pithy to get spoken on his show when he is constantly interrupting his intelligent guests with “blah, blah, blah, the U.S. is the greatest story never told, it’s a goldilocks economy out there.”
The only thing I’ve gotten from this meathead is that the U.S. should cut all tax rates to 1% because it will stimulate the economy while simultaneously generating more revenue for the beast of gubberment.
Very interesting, but I don't agree with you.
You have really got to be kidding about this. Kudlow & Co. is nothing more than 60 minutes of Larry repeating his mantra about a goldilocks economy, with his guests on only to give him a diversity of lead-ins to continue doing the same. The guests you name as being among the best are also those who seem to enjoy repeating the same things over and over. To watch this show for a week is to get the same output day after day. He never goes out of his circle to bring on a new, controversial guest. And when he brings on Anne Coulter and Arthur Laffer he shows he is just trying to remain relevant to a group whose time has come to an end. For this show to really work, Larry needs a co-host, needs to stop campaigning for the American economy (let us decide), and needs to bring on some folks who are contrarian or whose research really sings (how about Marshall Mays or Ken Heebner or David Tice or Bob Prechter or Arch Crawford… that would make a show!)
First of all, he does have an agenda. Everyone does. It is most assuredly conservative, however his guest list is broad and diverse. Robert Reich is definitely not in Kudlow's camp. Doug Kass speaks his mind. Last night was Lawrence Eagelburger, hardly a conservative. Lawrence Summers, Dennis Card, Xavier Becerra Sen Connie Mack, Elaine Chao,Bill Richardson, Charles Schumer, Elaine Garzarelli, Jeremy /Siegel, Barry Diller, Hank McKinnell, Arthur Laffer, John Rutledge, Bill Seidman, John McCain, Dick Cheney, President Bush and on and on. 5-7 different guest each evening. Heebner and David Tice have been on as has Gary Schilling and Bob Prechter. Hardly water bearers for the goldilocks economy. Last night he had Don Luskin, Dennis Kneale, Author Michael panzer, Bob Stein from First Trust Advisors, Professor Mark Perry from U of Michigan B-School. But as they say that is what makes markets. If you have a better alternative for a Business and Political show at 7pm easter time then by all means watch it. And incidently, when everyone was lambasting the market after 9-11 Kudlow was spot on with his dividend tax cut and the bull market of 2003-2007.