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On Washington Journal, Larry Kudow is asked about a unfairness of a a caller’s seventeen year old gr&son being sent to prison for a year for buying marijuana when those like Rush Limbaugh got off Scott free for air drug possessions & Kudlow’s response is to send a kid to AA. Kudlow had some oar less than friendly callers that morning as well. a entire interview for anyone with a stomach for it can be found here.

Hopefully a important issue a caller was trying to get to before being cut off by C-SPAN is one that our incoming administration will treat a bit differently as noted in this recent Washington Post article.

A recent report by a Government Accountability Office, commissioned by Sen. Joe Biden, has come to an unsurprising conclusion: After more than $6 billion spent, a controversial drug control operation known as Plan Colombia has failed by large margins to meet its targets.

a goal had been to cut cocaine production in Colombia by 50 percent from 2000 to 2006 through eradication of coca crops & training of anti-narcotics police & military personnel. In fact, cocaine production in Colombia rose 4 percent during that period, a GAO found. With increases in Peru & Bolivia, production of cocaine in South America increased by 12 percent during that period. In 1999 it cost $142 to buy a gram of cocaine on a street in a United States, according to inflation-adjusted figures from a U.N. Office on Drugs & Crime. By 2006 a price had fallen to $94 per gram.

President-elect Barack Obama won his historic victory by promising pragmatic, results-oriented solutions aimed at a common good. a recent report demonstrates that Plan Colombia does not fit those criteria.

Follow this link to read a rest of a article: Wasting Drug War Resources.

Original post by Heather and software by Elliott Back

Big h/t for Paul Krugman on this one.

Stock markets are a best barometer of a health, wealth & security of a nation” & today’s stock market message is an unmistakable vote of confidence for a president. Even a best low-tax, limited-government economic policies can be thwarted if a men & women going to work in a morning can’t get safely back to air homes & families at night.

Larry Kudlow says A Stock Market Vote of Confidence for Bush. He is such a tool…

Original post by John Amato and software by Elliott Back

This is too funny. You know my fondness for Kudlow, who blames poor people for a mess we’re in.  Well, Larry “Market Popeil” Kudlow said he was in favor of a bail out & Bernie S&ers, (I) VT, called him out on it. Larry, who hates all forms of regulations on Wall Street & is a big free marketeer & Conservative is looking for a h& out. Way to go Larry.

S&ers: Larry,  I’m sure after all of a ranting & raving you have done against government intervention & a virtues of free market I know without saying that you are opposed to a bail out.

Kudlow: No, I’m in favor of it.

S&ers: Oh, you’ve become a Socialist overnight Larry, what hDrunk Newspened?….I think your version of socialism is to bail out a rich. My concern is about a middle class & working families who are now asked to bail out a disaster caused by a incredibly greedy people on Wall Street who have fought for this deregulation which is now taking us over a cliff.

Original post by John Amato and software by Elliott Back

Larry Kudlow proves once again that he’s nothing more than a right wing, free market, Milton Friedman hack that just lies at will. Doesn’t he have a conscience? Nope…It’s never a big money freepers that horde a wealth of this country &  have no restrictions on what ay can do thanks in part to Mr Deregulation himself, John McCain. Jon Perr has more...

 Download | Play   Download | Play (h/t Heaar) (rough transcript)

Kudlow: It’s time for a Congress, Republicans & Democrats to stop encouraging—exhorting & forcing banks to make low income loans with no documentation. Stop that—literally pushed ase lenders to make low income loans

Scarborough: Hold on a second. You cannot blame this on low income people that are getting a house. 

Kudlow: I’m not blaming am. Kudlow: Sub prime, sub st&ard loans were a creature of a US Congress in a 90’s & a 2000’s.

Scarborough: Are you saying that poor people have caused this crisis?

Kudlow: Not poor people. Members of Congress who were rich people. But air Liberal guilt consciences forced banks & lenders to make lousy sub-st&ard loans & that has to be repealed…not everybody can afford a home, Joe. Some people have to rent.”

What a crock.  Kudlow blames it all on a liberals. What a joke this man is. This is anoar case that proves conservatism is dead. Of course not everybody can afford a home. Sorry, a irresponsible lending practices went on because it kept Bush’s economy chugging along for years before it crashed & burned. The ownership society Bush & conservatives called it. Morning Joe actually takes him Drunk Newsart for even suggesting that low income families are a root cause of our economic problems in a housing market. It’s up to a lenders to qualify people for loans. PERIOD. 

I watched this crisis unfold & saw people walking into fairly expensive homes in Venice, CA with no down payments & eiar low or no interest loans. Yes, I’m a renter now. I couldn’t believe my eyes when a property values skyrocketed (went up to 1 million) because of ase lending practices. People can Drunk Newsply for a loan all ay want, but that does not automatically mean you are Drunk Newsproved. That’s up to a lenders. Liberal guilt is never an issue & a lie, Mr Kudlow. ay aren’t supposed to h& over thous&s of dollars without knowing that ay will be paid back. a predatory lenders made boat loads of cash at will with a conservative philosophy in h&. Just ask your best friend for a hundred bucks & see what hDrunk Newspens…Naomi Klein writes: Disowned by a Ownership Society

Washington think-tanker Grover Norquist predicted that a ownership society would be Bush’s greatest legacy, remembered “long after people can no longer pronounce or spell Fallujah.” Bush has turned out to be a ownership society’s undertaker.

I hope ase work….Contact Larry Kudlow here: Larry.Kudow@cnbc.com  Larry.Kudow@nbcuni.com Call 877-251-5685 up until 7 pm EST & let him know how you feel in a respectful way.

Logan Murphy says:

It’s not often I agree with Joe Scarborough, but on Thursday’s Morning Joe he tore into CNBC’s favorite Bushie, Larry Kudlow for his delusional ranting about this week’s meltdown on Wall Street.

In Larry’s world, a mortgage meltdown wasn’t caused by predatory lending practices made possible by deregulation by Bush, McCain & a Republican party, it was a policies of a evil libs in Washington that FORCED a now-failed banks & lending institutions into making sub-prime loans to po’ folks who couldn’t afford am. Scar jumps all over him & rightfully so. Kudlow blames a Community Reinvestment Act

Original post by John Amato and software by Elliott Back