Remember the attacks 12 years ago. A day of heroes and a day of victims. Most of all we must never forget and remember this, the terror war is still around and its intensifying all over the world. These stories and more coming up on the kudlow report, beginning right now. Good evening im larry kudlow. This is the kudlow report. First up tonight congressional members still scratching their heads after president obamas speech last night. The president asked lawmakers to hold offer on authorizing air strikes against syria. Take a listen. Too early to tell whether this offer will succeed. Any agreement must verify the assad regime keeps its commitments. But this initiative has the potential to remove the threat of chemical weapons without the use of force particularly because russia is one of assads strongest allies. I have, therefore, asked the leaders of congress to postpone a vote to authorize the use of force while we pursue this diplomatic path. Well, look, its still hard for me to one that after the president last night made such a strong case for a military strike on syria, he did. Then how can he go and ask everyone to sit, wait and postpone and authorizing vote which by the way in my view puts Vladimir Putin in the diplomatic drers seat. Lets talk about thi whole kind of odd story. Im joined by an old friend, former push white house chief of staff andy card. Also former ambassador to iraq and turkey that being jim jeffrey and stanley kurts. Andy, i want to begin with you. I did not understand what happened last night. He made a great speech in parts. He certainly made a strong case, i think. If he cant get his military vote now why didnt he encourage people to make a new resolution, theres a bunch of senators trying to make a new resolution. Where didnt he try to make a deal. Right now hes not in charge it looks like putin is in charge and thats not where the american president should be. I agree with you. I thought he made a very good case that Bashar Al Assad is a bad guy doing bad things. And that the world should be outraged. But then he said im so outraged ill ask everybody to step back for a while and postpone the vote and see if we can do something over the next course of time. The timeline for negotiating, finding chemical weapons is going to be a very long timeline, and i just think he gave Bashar Al Assad a pass. Thats the thing. Mr. Jeffrey, its almost like, you know, i think putin is the big winner in this diplomatic dance if thats what is it. I think that putin helps obama in a sense because obama would have lost the authorizing vote, yeah. But hes helping his old pal assad. Putin is helping assad. I dont want to help assad. As andy card said, theres no to end this. U. N. Dance will go on forever. No time tables. Thereno nothing out there. So were all just going to forget about this at some point and go home and meanwhile assad and his Chemical Warfare continues. How can the president let that happen . I think the president made a big mistake by asking congress to authorize a military action of the sort the United States has done dozens of times over the past 40, 50 yea witho ngressional thorizion. Havi donehat he was in a tit fix bause itooked like as you said, larry, he wasnt going to get such envotes. So, therefore, with this offer that had been discussed behind the scenes bubbling up on monday the president decided he would hold off to see if there was any possibility of actually pulling the chemical weapons out. Now he has several possibilities, several options right now that i hope he chooses. One is to allow this negotiation to go on for a bit but time pose a timeline and to state hell go back and reconsider using military force. Thats a key points to impose a timeline. Go to stanley kurts on that. So far as i know and identify not talked to senator john mccain. Senator mccain and chuck chumper and others are trying to make up a new authorizing resolution that will have a timetable and it will be bipartisan. Thats what they are trying to do. I dont see the president encouraging that. Without a timeline, these socalled negotiations with putin and syria will go on forever, stanley, and the winner of that game is assad with his chemical weapons. What can to be done about this . President obama is coming from a different place than senator mccain and just about everybody else. President obama is strongly influenced by the thought of Samantha Power our United Nations ambassador and long time adviser to barack obama. And power has always advocated very narrowly targeted interventions focused on humanitarian ends and the trouble with that is its almost impossible to separate a humanitarian intervention from the Larger National security situation, so either you end up doing too little, you leave all the bad actors like assad in place or you do more than you want to do and you end up getting into trouble for regime change and obama is stuck in the middle because hes following this new philosophy of humanitarian intervention. He put himself in the middle. Look, i dont know if this issue of humanitarian change. All i know is chemical weapons are bad. Chemical warfare is bad. Weapons of mass destruction is bad. You cant just stand by the United States and let them slaughter people left and right including little kids. I disagree with you. I think that was the best part of obamas speech last night and i think he did a very convincing job. What he didnt do is ask for some working together of democrats and republicans to put an authorization, a resolution together that would authorize him to have a timetable, for example, and then to embark on military action if we cant get th socalled syrn effort. I mean, anley, ihink thats what youre missing here. This is only because the president has put himself in this box. Well i agree hes put himself in this spot. Its because he has this philosophy. I dont necessarily hold with the people looking for regime change but i agree if you go in maybe thats how you have to do it. Obama, the interesting thing about obama is agree or disagree people need to understand that he has a philosophy that is truly different and that explains why hes gotten caught in this middle place, why as you say hes put himself in this situation because he doesnt believe in regime change he believes in these narrowly targeted humanitarian goals. Andy card, look george bush went to congress, went for iraq and afghanistan. And they were tough battles but he won. I know this is different than iraq and different from afghanistan. That doesnt trouble me. What does trouble me obama doesnt want to bring anybody together. Hes going say i lose this vote. I lose this vote it will cost the rest of my presidency. I dont want a vote. Andy card, i dont think thats any way to run that white house. Ill back up further. I think president obama has telegraphed weakness not only to the world, but specifically to Bashar Al Assad. Hes said even if we do something militarily its going to be very small, very targeted, and all right that might be good but why are you telling the enemy what your response is going to be. I would think president obama should be number one, respected by the world. Number two, feared by americas enemies. And i dont think he came out of this speech with greater respect and i dont think that he introduced fear to Bashar Al Assad. I think right now the situation in syria is one where the United States is a second tier player. The russians are the dominant player right now. Thats never good for the United States of america. In fact, it hasnt happened really since the early days of world war ii. Were less significant in the diplomatic solution part of the equation over there and thats not good. Thats what i keep saying. One of the spill over effects, one of the knock off effects is Vladimir Putin is in the diplomatic drivers seat and i dont mean just worldwide, the middle east too as well as the United Nations. James jeffrey you served a lot of time there in the middle east as an ambassador. What do you honestly think in your heart of hearts about this socalled deal that assad will turn over his chemical weapons, the u. N. Or some International Commission is going to take them and dismantle them and kill them. I want to add to this, putin is insisting there be no military action of any sort involved in this. Either by the United States or by the u. N. What do you think about that . Well lets start with mr. Putin doesnt decide when or whether the United States uses force ever anywhere, first of all. That has to be made very clear. Secondly, i think that this deal under the circumstances, the president got himself into a deep hole. As andy card knows from when we served together in the bush administration, all president s do this. Hes trying to get out. Is this best option right now but the president has to go on the offensive, maintain momentum, lay down new criteria such as if c. W. , chemical weapons are used again hell strike immediately. Or ask the congress to actually take action. He pointed to that. Sure hes moved by humanitarian interests but twice on saturday and again last night he stressed american National Security interests and thats what he should be focusing the American People on because thats whats at stake here. Okay. Ill have to leave it. My final cap on this, the president doesnt work well with congress. Heres another example where he can be putting an authorization, a new resolution together. You got very distinguished United States senators on both sides of the aisle trying do that. That would put a timetable in there. That would authorize him to take military force. That would give obama, i think, some toughness and some strength to go to the negotiating table but hes not doing it. I think thats a shame. Thats why this whole thing is a farce. What do i know. Andy card will rejoin us later to discuss the 9 11 remembrance. Right now, august housing numbers may show a very big decline. Well have to take a closer look at that. Later on theres a nice rally were having. All three days this week weve seen tripledigit gains for the dow and the syrian news isnt the only reason why. Well take a look at whats driving stocks up and free market capitalism is the best path to prosperity. Theres not enough of it in the middle east. Hardly any of it. Im kudlow. Well be right back. Building animatronics is all about getting things to work together. The timing, the actions, the reactions. Everything has to synch up. My expenses are no different. Receipt match from American Express synchronizes your business expenses. Just shoot your Business Card receipts and theyre automatically matched up with the charges on your online statement. Im john kaplan and im a member of a synchronized world. This is what membership is. This is what membership does. All right. Were going to get a reality check now on real estate. Big banks are warning of a housing slow down, wells fargo, jpmorgan, bank of america have cut significant number of jobs and are predicting a sharp decline in their home loan businesses. So are mortgage lenders and home buyers feeling the ripple effects of rising Interest Rates. Heres the chairman of connect bank one and mark fleming. Mark fleming, let me begin with you. Very disturbing story in the wall street journal today. New home sales not so august. That means the august numbers arent very good. What they reported is certain surveys and you may be more familiar with this are showing that the traffic for looking at both new and existing homes, you know, the potential home buyer traffic has really slowed down. Ill get to refis and applications later. Sheer traffic looks like a down town in august. Is that true . How important is it i guess it depends. Typically you have a downturn in august because people focus on going back to school and things that happen in september in society. House is a very cyclical process. You expect a slow down to happen in terms of people looking to buy homes at this time of year. Rates, maybe are having an impact certainly on the new home side more so than the existing but it was a seasonally adjusted number or not to dig into it. Frank, just on this article, i dont know what youre seeing, John Burns Real Estate Consulting firm in irvine, california. They say respondents sales of new homes declined by 4 in august from a month earlier and in past years august typically has yielded a 2 gain. That this is one of the reasons why were seeing this collapse in refis and mortgage application. Larry, i dont think one month makes a trend. The year of 2013 has been very good for house. Housing will dont good. Were seeing an uptick at our bank in construction lending. The economy is healing. People are feeling better. This talk about rising Interest Rates, issue get it, i under it, Interest Rates are up 100 basis points sore. When i got married my first morning was at 13. 75 . Were sitting here with a 30 year mortgage at 4. 5 wont derail the housing industry. It may not. Mortgages have gone up 120 basis points, 4. 08 . But we have a chart, i want to show the refinancing chart. All right. Theres your fixed Mortgage Rate thats jumped up in the last couple of months. There. Mortgage refi applications have collapsed. They are down about 70 from this spring. 70 . Mark fleming what does that mean, the refis are directly tied to the jump in Interest Rates . Thats right. I mean, i agree with frank. Its much more a story about the mortgage industry and Mortgage Rates as it is the Housing Market. Thats where youre seeing big decline. Rates have gone up and fewer people are in the money, would make sense for them to refi their existing loans. We didnt expect that to happen so quickly. We knew it was coming. It came faster than we expected and we just needed the demand and purchase market to grow. Wouldnt you agree at some point everybody refinanced how many times will we refinance the same mortgage. At some point the string runs out. You cant keep refinancing everyone. There are people that have refinanced their mortgages two and three times and the interesting thing about the refinance mortgage its a zero sum game. It has no economic benefit because even the people who benefit from the lower Interest Rates, theres an offset. What about the other side, gentlemen . Mark, let me just ask you this, home purchase mortgage, okay, thats the other side. They are off slightly. We have a chart of this too. They are off not the way refis are but they are dipping down in the spring and summer. Now, is that a problem . This is where the rubber meets the road. This is the actual purchase avenue home. Is this going to be a problem . Is that line going to dont fall . No. Theres some response, obviously in the market on the purchase side to a moderate rate increase. Frank said it best, rates have been higher in the past and will be a lot higher in the future. So theres a modest people are adjusting. They adjust their behavior. You bring a slightly larger down payment, you buy less house instead of buying the bigger house. Its not that people participate they participate less so. You dont think the housing rally is over . In other words no. Major increase in housing which has helped gdp recently in recent quarters you dont think thats over . No. Struck starts which is the big component of the Housing Market that drives gdp while its still historically so thats got to increase, demographic trends, everything points to the Housing Market growing in the future. Maybe not as fast as it has but it will continue to grow. I agree. I also dont believe that the rise in Interest Rates that occurred 60 days ago already impacted the number from the spring, right . So it takes 60, 90, 120 days to get a mortgage to fruition to close. So those numbers you see these banks, wells fargo, jpmorgan, thats a leading indicator. Applications have dropped off. If the applications have dropped off, mostly for refis, buying a house, thats a foreboegd of a much slowing Housing Market. I dont think were asking the right question. You ask those bankers, including jpmorgan and wells fargo they would tell you theres stability or increasing applications on the purchasing side. However, they have built enormous businesses to take advantage. Thats why they are cutting back. Right. All right, gentlemen. You can take a different argument and say we need a slow down in demand. That will cool off the price gains. You know, mark, thats a very sensible poichbt view. My whole problem is i dont like to see slow downs. I want growth, growth, growth. I want the economy to grow at four, five, six, seven percent including housing. You wont have 3. 5 and 4 Interest Rates. I dont have to worry about the rates with enough income. Thank you. I appreciate it. Oh, by the way, i thit repohatet this, Anthony Weiner and elliot spitz certificate got whooped in the primary. Will they do us a favor and get out of politics now . And development. Some new members of the team will be introduced. The chairman emeritus will distribute his usual wisdom. And you . Well, youre the chief life officer. You just need the right professional to help you take charge. Republican leaders in the house delay a vote on a key budget bill. Reporter the votes on the continuing resolution to keep the government funded wont happen until next week at the earliest. It didnt have full support from the republicans because some believe its not tough enough. It would for the senate to defund obama care which would get voted down because democrats have a 55 seat majority. Moving on to amtrak. Damage to its overhead power system caused a big shutdown on the east coast today. Initially service between washington and philadelphia was suspended but it has now been restored. Still amtrak said expect delays. How the overhead wire system got damaged is not known. They called it 2 million bike towers d. C. And though it didnt quite get 2 million the streets of d. C. Were full with motorcycles this afternoon. Ride became controversial when it was denied a permit for a police escort. But a muslim group claiming unfair treatment since 9 11 was given permission to rally on the mall today. Last week the voters of new york city were not ready to forgive and forget Elliott Spitzer losing the democratic primary for new York City Comptroller but he got 48 of the vote. Anthony weiner only got 5 in the race for mayor. Larry . Sexual bad boys thats the way hell leave it and say this, new yorkers are very intelligent People Democrats included. Thank you very much. Now, of course, we remember the terrible atrocities of september 11th. Andrew card will rejoin us and talk about his experience. Well talk to the man who ran new yorks fbi office at the time of the fateful attacks. Thats up next on the kudlow report. [ male announcer ] lets say you pay your guy around 2 to manage your money. Thats not much, you think. Except its 2 every year. Go to etrade and find out how much our advice and guidance costs. Spoiler alert its low. Its guidance on your terms, not ours. Etrade. Less for more for you. Welcome back to the kudlow report. Im larry kudlow. In this half hour make it three days in a row, tripledigit gains for the dow and after the closing bell today, karl icahn made some big news on apple. Well have the latest on that in a little while. Later, well also look at the impossibility of syria handing over its chemical weapons in a verifiable way. But first up, this is a somber day of remembrance across the country. 12 years after a tragic terrorist attack on our nation, well never forget the near 3,000 victims of september 11th. I just want to ask, to we understand that the war against terror is not only still raging, but with syria and all the middle east strife going on, that war is intensifying as a threat to the United States. Now, lets bring in don clark who was the former fbi special agent in charge of the new york and houston divisions and were back with former white house chief of staff for president george w. Bush, andy card. Andy, begin with you. Theres a very, very famous picture when you and the president are in florida at the school and you were whispering in president bushs ear. I dont honestly know the answer to that kpp you share to us what were you whispering to him. When i walked into the president he already knew a small twin engine prop plane crashed into one of the trade centers. That was the information he was given. Obviously that was not accurate. The person who came up to me and said it wasnt a small twin plane it was a commercial jetliner and that person came back and said oh, my gosh a second plane hit the other tower. And i had to make a decision to give the information to the president. I passed on two facts one editorial comment and i said a second plane hit the second tower, america is under attack. The most significant thing is that president bush reacted the right way. He didnt do anything to introduce fear to the very young second graders that were in the classroom. He didnt do anything to demonstrate fear to the media. The immediate where a would have shown i want all around the world and the terrorist wos have been thrilled. Instead the president sat there and i think he focused on his responsibilities as president of the United States to preserve, protect and defend and, yes, the war on terror was declared that day by the terrorists, and i think the war on terror is still going on, unfortunately, im not sure people in america are acknowledging that we are still in a war. I want to get to that in a minute and bring don clark in. One more quick followup. You mentioned you gave the president a facts and made an editorial comment. At what point did you realize that these were terrorist attacks not accidents but actual terrorist attacks . What point was it . As soon as i heard about the second plane crashing in to the World Trade Center i knew it wasnt coincidence. I knew it was a terrorist attack and my mind went to three initials, ubl. Thats what we called Osama Bin Laden at the time. And i knew about the attack on the World Trade Center in 1992. That was orchestrated by Osama Bin Laden. So, yes, i knew that the Al Qaeda Network was going to be the terrorist agent that would be challenging the United States as terrorists and theres no one to negotiate with. Theres notation state that oversees the Al Qaeda Network. All right. Thank you for all that. Don clark welcome back. Don, i want to read a brief quote from the police chief ray kelly our top cop in new york who set up such a fantastic Counter Terror operation. This was a speech he made two days ago. The threat of terrorism is greater today, is as great if not great are today than it was before the World Trade Center was destroyed. All right. If not greater today, it may be. I want to ask you if you agree with him and i want to ask you if you think most americans would agree with ray kelly . Well, i certainly agree with that statement that ray kelly made and having worked with him for a lot of years in a know how he feels about this type of activity because weve all been it before and so, no, its by no means the americans or any other country actually can sit back and say its over, thats happened and its not going to happen again. We have to continue. I mean if we just look at the activities that we hear about and see some of them thats happening continuously, we know that its going on and i think what people really need to think about too is that just thats we were caught so offguard back 12 years ago, rest assured we dont ever want to be caught offguard like that again so we as citizens and certainly Law Enforcement and fbis and all the other investigative agencies thats going secure this country has to continue to keep going to make sure it doesnt happen. Absolutely. But i think its funny, there are very few visible Public People like Police Commissioner kelly who make the points that he made and that youre making right now. Very few. Andy card, i dont want to name names its not a night for that. But there are some people in washington in recent years that said theres no terror war or the terror war is over and one of the things i want to get to is another statement that ray kelly made. He said particularly in view of whats going on in syria as well as elsewhere in the middle east, why these people are going to come back if they get out to the United States. They will come to new york city and other cities. And its going to be nothing but trouble and that is after the Boston Marathon bombing and so forth, thats the kind of thing, andy card, that trouble me that people may be complacent. Well, although i would say i dont see the situation in syria right now as representing an imthminent danger to the unid states of america. Theres some challenge to our International Interests and our National Security interests, and quite frankly i think president obama has exacerbated that problem because hes allowed towers take leadership roles. But i dont see the imminent threat in Bashar Al Assads activities to the United States of america that i saw, for example, from Saddam Hussein or certainly that we saw from the Al Qaeda Network. Look. What ray kelly was saying is there is an Al Qaeda Network of some kind or other jihadists in syria and i think thats fair. I think some of the rebels, a big faction of the rebels are either al qaeda or related to al qaeda. What kelly is saying, we better watch out. They may be coming our way. Thats what hes saying. Weve already had lots of issues here. Thats the key point. What i do believe is that the iranians are playing mischief in syria. They have been for a long time but they have been energized and one of the big mistakes that was made by the United States is not having a status of force agreement with the iraqis so we had a base in iraq that would prevent the iranians shipping stuff across iraq into syria in supporting Bashar Al Assad. I also dont like the fact in reality that some of the rebel groups are clearly tied to extremist muslim groups including al qaeda. And we dont want them to have access to any chemical weapons. They would love to get those chemical weapons. But we also dont want them to be in charge of syria. So, i do think there are National Security interest theres. Right now the civil war taking place in syria doesnt represent an imminent danger to the United States of america. Don clark, let me just come back. You were a special fbi agent ran the new york office, ran the houston office. I want to ask you frankly, honestly, the department of Homeland Security which was created after 9 11, is it working . In your judgment is the fbi, for example, working with the police and, you know, state and local authorities the way they should be . Is the Counter Terrorist operation up to speed . Thats what im really asking you, don clark as a former senior fbi agent. You know, larry, thats a good question and ill tell you and ill tell you this not because i was a part of that organization for a thousand quarters so to speak, but nonetheless is that yes i do think that its working. And what really makes me feel good about the government, all of the Government Entities not just the fbi, the fbi clearly has been the lead in these types of things because it has the resources and a lot of other aspects to go along but there are a lot of good Police Departments that who understand and realize that the terrorist attack that happened 12 years ago could happen again, and if we look at just listen at the news and look at the activities, listen to the activities thats going on around the world today, if we think for a moment that we can say that thats over with, we dont ever have to worry about it again, then shame on us because thats not the case. Thats one of many reasons why we must never forget. I appreciate it very much. Andrew card great to see you. Appreciate it. Don clark thank you again for sharing. Today, we mark the 9 11 remembrance where we honor bravery and heroism but also mourn the tragic loss of the victims. The kudlow report will be right back. 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Face time and think time make a difference. At edward jones, its how we make sense of investing. All your important legal matters in just minutes. Protect your family. And launch your dreams. At legalzoom. Com we put the law on your side. Another strong day on wall street. The dow finished the day up 136 points while the s p 500 notched its seven consecutive day in rally mode. Not the same for nasdaq. Apples iphone dragged the index into negative territory. Then we got some good news for the american economy. The latest survey, Small Business survey shows 16 of Small Business owners plan to add jobs in the next 12 months. So on that note we welcome successful Small Businessman paul trevell. And our pal Larry Mcdonald newedge senior vice president. Before we get to the clothing which is really much more interesting to me, Larry Mcdonald i want to ask you, karl icahn going into apple in a big way. What do you make of that. Why is he doing that. Will he stay in or make a quick buck . He sees value here. Apple has been through a lot. The stock has made a brilliant rally into a Product Launch and the last couple of times actually slightly rolled over after the Product Launch. The trend in the last year is the stock has rallied brilliantly into a launch and then karl was in there today supporting the stock. Up think hes in there for the buy back, does he think theres going buy back. If you remember, i was on the show back in april when apple announced that big bond deal. The reason was the stosks attractive to buy is because theres a bond floor forming in. Two things. Apple pay as dividend which i think will be increased and the company will buy back a lot of stock so those two, those two factors are massive positives that actually form a little bit of a bond like floor into the equity. Thats good. Paul, if you have a stock Market Opinion feel free. When did you start your Clothing Company . We started about 3 1 2 years ago. Its not been the greatest time start. A risky time to start a luxury shirt maker. Somebody said we should make about your lap shirts since we were starting at the bottom of the market. Weve created a business that focused on quality and value. Who do you compete with . We compete with handful of different brands. Early on we brought a lot of people from canalli. Now were seeing a surge from the berkshire brothers. Ill spend 30 or 40 on something that fits better and lasts longer. You know, weve been growing at 2 and theres a lot of complaining out there. And employment has been, you know, very soft and anemic and so forth. My question to you is as an entrepreneur who started this thing what was it like . How did you do it . Did you get discouraged sometimes . You read the newspaper you can kill yourself if youre in business today. It was a tough time to go into business but it created a lot of opportunity for us. You get things at almost half price when nobody sells in the market. From a customer standpoint we came in, were mostly an Online Business. Were selling shares in a convenient way. People looked around and said im used to buying nice things. Why am i paying 400 for this dress shirt. Tried it and loved us. Weve seeing growth at 150 yearonyear. Were up to 15,000 plus customers. Thats because people are coming back and liking the product. Thats the spirit of entrepreneurship. Larry mcdonald, can i talk one second about china. China numbers coming in better than people thought. We had a whole string of them. You tell me if you agree or not. I posit thats helping emerging markets, helping europe and helping the american stock market as well. In fact may be helping the price of oil and other commodities. Whats your take . I completely agree, but you have to remember this is a great commodity super cycle unwind. Still. In other words, china has had a number of head fake rallies. There was one back last fall where you have these brilliant rally, rise in Commodity Prices only to suffer a decline later on. One thing that we see, i credit this index in my 17 Lehman Brothers risk indicators and i know we have the fifth anniversary coming up but the Systemic Risk around the world, the epicenter of risk was the United States in 2012. Now Going Forward i see clear signs of Systemic Risk in asia coming from china so this is a shortlived rally. I would be shorting the emerging market. You would be getting out stocks. Syria is off the table now. And fed, all that if they do anything 10 or 15 billion slower bond purchases thats in the market. Yeah. So thats all in the market. Youre worried, lets just get this story right. Youre a bear, because youre worried that big risk out of china is going to undermine this rally. Yes. I think over the next month or so that will play out. We dont know how long this rami will last. Its been a wonderful rally. Were up from 1631 or so on the s p, close to 1690, near the hives 1710. Over the next couple of months, the china weakness china weakness will come back to the forefront. Paul, your going to expand . We are. Whats your game plan. Weve been expanding in shirts, also coordination with blazers and ties but with people. We brought on eight people in the last six no, sir prepare for whats coming up in the fourth quarter. Do you sell more in the richmond store or online or we are 98 online. We really are an Online Business because thats the most convenient way men like to shop. Were testing pop up stores now where we go in and test empty retail spaces. People get to touch and feel the shirts. Thats great. Were doing a lot of different ways to touch the customer. All right. One thing, 20 seconds. If you can wave a magic wand how can the federal government possibly help you . Anything . You know, for us, like most entrepreneurs we put our head down and fiscal and Monetary Policy very little to the decisionmaking process to what we do day in and day out. Take care of the problems. Hand tell challenges you have to do in Small Business and thats what we expect from the federal government. Thank you very much. Good luck on your story. Now, were going to take a look at the virtual impossibility of Bashar Al Assad actually handing over his chemical weapons in a timely fashion. We have general barry maccaffery who will explain it all to us coming up on kudlow. [ male announcer ] what . investors could lose tens of thousands of dollars in hidden fees on their 401 k s . go to etrade and roll over your old 401 k s to a new etrade retirement account. None of them charge annual fees and all of them offer low cost investments. Etrade. Less for us. More for you. In his speech last night president obama said its too early to know if a plan to have syria turn over its chemical weapons will actually succeed but is it too early to know whether a plan can succeed . We believe that Bashar Al Assad is willing to simply hand over his chemical weapons and even if he, is the plan to secure and destroy those weapons even feasible. Here now is nbc news military analyst general barry maccaffery who represented the joint chiefs of staff in paris when the Chemical Weapons Convention was signed. Lets start with that question, like a technical question. Is this feasible, this plan . Well i think it probably could be. Administration made a good case that they want to confront assad on chemical weapons. Deter him from their use. They have no support. United nations, nato, arab league, theyve been the military strike has been denounced by the egyptians, the jordanians, u. N. Secretarygeneral, the pope. President went to congress. It looked like he was going to lose the vote. But i think Syria Initiative offramped us on a pending military strike that would have been, i think, probably first step of an escalation. So now were looking at a mess. The president has no leverage for military force. The russians will block a chapter 7 military resolution in the u. N. And, you know, it could happen. Heres this giant country at war. They are not a cignaer to, the cwc. They have to join the convention, get inspectors in. This is a fight to the death. There wont be a negotiated end to this war. The christian, the jew, the kurds they will get slaughtered. Let me stick to this putin plan. First of all, do we know where these chemical weapons are in syria because they have been moving around and second of all, to go back to putin and assad, these are two people weve never trusted. Why should we trust them now . Maybe assad tells us, for example, us, the u. N. Or whoever, were 20 where the chemical weapons are but that doesnt help us with the other 0e . See what im signing. Theres so many loopholes and openings here. How can we know. Like an operational question. You know, we absolutely cant. Its 100 guaranteed if we got in there with u. N. Inspectors led by the russians we would go the Fourth Army Division and interview assads younger brother whose units fired these chemical rockets. Obviously they are not going to do that. In an unclassified session were saying theres either six major concentration points for these chemicals or theres 42. Its all over the map. The giant country, in the middle of a giant war, im sure some of those weapons have already fallen in the hands of the rebels. So the question is with ongoing fighting how could you locate, verify this situation. Its not going to happen. It did get us out of the strike. At least for the moment. But inspect jobs need security. I mean, they are not going to be allowed in or if they are allowed in the rebels may go after them or the regular army can go after them. I dont know. Verification. Were not talking days here. Were not talking weeks. Were probably talking months before any of this shows any result. Is that your view . I would think it would be a year to get it set up if it ever happened and russians will block military threats as coercion. Then you have to have people volunteer, thousands of inspectors get in, get on the ground, the right equipment, be protected from attack by either side. I think what we actually gave assad is maybe a year of credible ongoing diplomatic is that a good thing . I mean president obama youre the first person ive heard say that and i trust you because your judgment is always great. Do we want to give obama, do we want to give assad, rather, a year . I dont think anybody has that number in mind. Well, i think youre going to kill the Syrian People for another year while we focus on chemical weapons. He primarily killed these people with tanks, doortodoor assassinations, artillery rounds, aircraft bomb attacks. So theres a strangeness to this and an embarrassment thats surprising. Got to get out. I want to talk more. Well have you on again and finish this conversation. Thank you. We appreciate it. Tough stuff. One full year. Thats it for tonights show. We thank you for watching. Well be back tomorrow evening. Vo two years of grad school. 20 years with the company. Thousands of presentations. And one hard earned partnership. It took a lot of work to get this far. So now im supposed to take a back seat when it comes to my investments . Theres zero chance of that happening. Avo when you work with a schwab financial consultant, youll get the guidance you need with the control you want. Talk to us today. Is that true . 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