Closed, loans delayed. Heres whats not, mail, social security, medicare, the military, Homeland Security and air travel. Theres no way to tell how long the shutdown will last or how it will end, but the blame game is in full effect. I think the appropriate thing is what the speaker is advocating. Lets go to conference. Lets sit down with the democrats and see if theyre willing to negotiate on anything at all. One note, one demand to eliminate the Affordable Care act, which i think most Reasonable Republicans dont think is either a good strategy or is going to happen. What we see happening with this republican strategy is a willingness to threatens the very foundation of the worlds greatest economic power. For now republicans seem to be fielding the bulk of the blame. Check out the new york daily news. House of turds. According to a new quinnipiac poll over 70 oppose the strategy to shut down the government over obama care. The Health Insurance exchanges opened for business this morning
Million into that abject failure. Now the question is whether sebelius will be forced out, or whether she will testify before congress. But the overriding point is that a highly centralized Government Health care just wont work. It is the opposite of free market policies that would if given a chance. And then, the governments 13 billion fine for jpmorgan a shutdown . And oh, by the way, is jamie dimon being punished for his outspoken antiregulatory reviews in his general criticism of obamanomics . All those stories and much more coming up on the kudlow report, beginning right now. Good evening. Im larry kudlow. This is the kudlow report. Were live here. Its 7 00 p. M. Eastern and 4 00 p. M. Pacific. Earlier today, what should have been a mea culpa sometimes sounded more like a pep rally as president obama acknowledged the catastrophic rollout of obama care. Take a listen. The product of the Affordable Care act for People Without Health Insurance is quality Health Insurance that is affo
50 points after that first day selloff yesterday. The dow has been up and down today. Now adding 50 points as we enter the final hour. Keep an eye on the nasdaq which is in the red. Its had the worst performance to kick off the year. A lot of component, apple, gool google microsoft, not holding up well for the last couple of trading sessions. Technology not playing along well this hour. Ben bernanke this hour. Yes we do. Hell be delivering what some characterize as his farewell address. Steve liesman telling us in the last hour the headlines from those prepared remarks. But in a little while, there will be a q a session. Those often can make marketmoving news and it will occur in the final minutes of todays trading day. Well take you there live when that gets under way. Good point. Those headlines didnt move the market when they hit, but we have heard comments which are having more impact on market today. More concerns on the troubled obamacare law. New reports that newly insured peopl
Colorado, to sign that bill when it was ready to be signed. And on the occasion of president obamas trip to denver to sign that stimulus bill to try to save the economy, they staged a rally called barack obama you dont know stimulus. It had a name. And i say it was a staged rally because it was organized by americans for prosperity, which put out a call on conservative networks for people to show up in costume pig noses and carrying giant checks. It was a staged protest with help from the tea party group, americans for prosperity. They staged these in states around the country, not always with pig noses. At the rally in virginia, you can see the supposedly grassroots angry commoners all showed one preprinted americans for prosperity signs. Also that year, americans for prosperity tried the same kind of colorbynumbers prefab protests on energy issues. They called it their hot air tour. A supposedly Grassroots Movement against the whole idea that Global Warming might be a real thing. 200
And on the occasion of president obamas trip to denver to sign that stimulus bill to try to save the economy, they staged a rally called barack obama you dont know stimulus. It had a name. And i say it was a staged rally because it was organized by americans for prosperity, which put out a call on conservative networks for people to show up in costume pig noses and carrying giant checks. It was a staged protest with help from the tea party group, americans for prosperity. They staged these in states around the country, not always with pig noses. At the rally in virginia, you can see the supposedly grassroots angry commoners all showed one preprinted americans for prosperity signs. Also that year, americans for prosperity tried the same kind of colorbynumbers prefab protests on energy issues. They called it their hot air tour. A supposedly Grassroots Movement against the whole idea that Global Warming might be a real thing. 2009 was the year when joe the plumber was still briefly famous