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Profile: Lawrence Kudlow
Positions that Lawrence Kudlow has held:
Lawrence Kudlow was a participant or observer in the following events:
The National Review publishes an op-ed piece by Lawrence Kudlow, titled, “Taking back the market… by force,” in which he claims, “The shock therapy of decisive war will elevate the stock market by a couple thousand points.” Kudlow is the CEO of Kudlow & Co. [National Review, 6/26/2002]
CIA officer Rolf Mowatt-Larssen. [Source: Department of Energy]The CIA analyzes bin Laden’s new speech, which was released four days before the US presidential election (see October 29, 2004), and concludes that it improves George Bush’s reelection chances. According to author Ron Suskind, the CIA, which has “spent years… parsing each word of the al-Qaeda leader,” knows that “bin Laden speaks only for strategic reasons—and those reasons are debated with often startling depth inside the organization’s leadership.” The analysts conclude that “bin Laden’s message was clearly designed to assist the president’s reelection.” Deputy Director John McLaughlin says in a meeting analyzing the speech, “Bin Laden certainly did a nice favor today for the president.” CIA deputy associate director Jami Miscik similarly comments, “Certainly, he would want Bush to keep doing what he’s doing for a few more years.” However, the CIA does not discuss why bin Laden wants Bush to stay. Suskind will write, “But an ocean of hard truths before them—such as what did it say about US policies that bin Laden would want Bush reelected—remained untouched.” CIA officer Rolf Mowatt-Larssen will later say: “It was sad. We just sat there. We were dispirited.” Several National Security Council members have already reached the conclusion that bin Laden’s presence on the international stage helps Bush (see October 29, 2004). Both presidential candidates condemn bin Laden. John Kerry says, “As Americans, we are absolutely united in our determination to hunt down and destroy Osama bin Laden.” George Bush says, “Americans will not be intimidated or influenced by an enemy of our country.” [Suskind, 2006, pp. 335-6] Several commentators believe the intervention will help Bush, for example:
Veteran journalist Walter Cronkite says, “I have a feeling that it could tilt the election a bit. In fact, I’m a little inclined to think that Karl Rove, the political manager at the White House, who is a very clever man, he probably set up bin Laden to this thing.” [CNN, 10/29/2004]
Roger Simon of US News and World Report says, “I don’t have any trouble parsing out who this helps. I think this is an enormous boost for George Bush.” [CNN, 10/29/2004]
MSNBC host Chris Matthews says, “The big thing in politics, of course, is picking the right topic… This creates a terrible situation for the challenger, because it seems to me that Karl Rove has his finger on this.” [MSNBC, 10/29/2004]
MSNBC correspondent Andrea Mitchell says, “It makes it harder for Kerry, and it shifts the subject matter back to what George Bush is strongest on. So the Bush people may not say that they are happy about this, but I’m sure that they could not be more pleased that this is the subject of the closing days. How do you say October surprise? This is one that could benefit the president.” [MSNBC, 10/29/2004]
CNBC co-host Lawrence Kudlow says, “It will play into Bush’s hands.… it falls into Bush’s lap. And unlike 2000, I think it’s the kind of thing that will cause the remaining undecided voters in the next 72 hours or so to break for Bush.” [MSNBC, 10/29/2004]
Weekly Standard staff writer Stephen Hayes says, “I think that, as most people have indicated, that is likely to help President Bush.” [MSNBC, 10/29/2004]
Other commentators from across the political spectrum who suggest the speech will help Bush include Fox News correspondent Major Garrett, Boston Herald columnist Mike Barnicle, Time magazine correspondent Karen Tumulty, former plumber G. Gordon Liddy, former presidential candidate Pat Buchanan, MSNBC host Joe Scarborough, the Cook Political Report editor and publisher Charlie Cook, Washington Post journalist Jeffery Birnhaum, and Roll Call executive editor Morton Kondracke. [Fox News, 10/29/2004; Fox News, 10/29/2004; CNN, 10/29/2004; MSNBC, 10/29/2004; MSNBC, 10/29/2004] Some right wing commentators suggest that the tape will help Kerry, including Fox News political commentator Dick Morris, Weekly Standard executive editor Fred Barnes, Washington Times reporter Bill Gertz, Fox News host Sean Hannity, and author Peggy Noonan. [Fox News, 10/29/2004; Fox News, 10/29/2004; Fox News, 10/29/2004; Fox News, 10/29/2004] A Newsweek poll shows that Bush’s lead increases after the tape is released and, after the election, John Kerry, the losing Democratic candidate, will attribute his failure to bin Laden’s intervention: “We were rising in the polls until the last day the tape appeared. We flat-lined the day the tape appeared, and went down on Monday.” [Daily Telegraph, 11/1/2004; MSNBC, 1/30/2005] George Bush will also agree that the tape helped, saying, “I thought it was going to help. I thought it would help remind people that if bin Laden doesn’t want Bush to be the president, something must be right with Bush.” [Reuters, 3/1/2006]
Entity Tags: John Kerry, Lawrence Kudlow, Karen Tumulty, Joseph Scarborough, Michael Barnicle, John E. McLaughlin, Walter Cronkite, Osama bin Laden, Rolf Mowatt-Larssen, Stephen Hayes, Morton Kondrake, Sean Hannity, Patrick Buchanan, Jeff Birnbaum, Peggy Noonan, Jami Miscik, Roger Simon, G. Gordon Liddy, George W. Bush, Bill Gertz, Central Intelligence Agency, Andrea Mitchell, Chris Matthews, Fred Barnes, Dick Morris, Charles Cook
Timeline Tags: Complete 911 Timeline, 2004 Elections
Mark Ames. [Source: Guardian]CNBC’s Rick Santelli has become something of a superstar among conservative media pundits and others exasperated by the Obama economic bailouts, after engaging in a purportedly impromptu “rant” during an on-air broadcast (see February 19, 2009). Investigative reporters Mark Ames and Yasha Levine discover that Santelli’s rant may have been a pre-planned incident timed to coincide with the launch of a so-called “tea party movement” predicated on opposing the Obama administration and supporting conservative and Republican ideas and agendas. In the hours and days following Santelli’s appearance on CNBC, the authors write, “[a] nationwide ‘tea party’ grassroots Internet protest movement has sprung up seemingly spontaneously, all inspired by Santelli, with rallies planned today in cities from coast to coast to protest against Obama’s economic policies.”
Connections to the Koch Family - Ames and Levine write that Santelli’s CNBC “rant” was “a carefully-planned trigger for the anti-Obama campaign. In PR terms, his February 19th call for a ‘Chicago Tea Party’ was the launch event of a carefully organized and sophisticated PR campaign, one in which Santelli served as a frontman, using the CNBC airwaves for publicity, for the some of the craziest and sleaziest right-wing oligarch clans this country has ever produced.” Ames and Levine are referring to the Koch family, headed by Fred Koch (see 1940 and After), the billionaire co-founder of the extremist John Birch Society (see March 10, 1961 and December 2011) and whose sons are heavy donors to right-wing think tanks and advocacy groups such as the Cato Institute (see 1977-Present) and FreedomWorks (see 1984 and After).
ChicagoTeaParty.com - On the air, Santelli said, “We’re thinking of having a Chicago tea party in July, all you capitalists who want to come down to Lake Michigan, I’m gonna start organizing.” Within minutes, Matt Drudge of the Drudge Report had posted headlines about the “tea party” rant on his Web site. Within hours, a new Web site, chicagoteaparty.com, had appeared, featuring a YouTube video of Santelli’s rant and calling itself the official home of the Chicago Tea Party. The domain name had been registered months before by right-wing media figure Zack Christenson (see August 2008), but had remained dormant until after Santelli spoke on CNBC. Ames and Levine note that Christenson bought the domain around the same time that Milt Rosenburg, the Chicago talk show host whom Christenson produces, began attempting to link then-presidential candidate Barack Obama with “left-wing terrorist” William Ayers (see August 2008). Ames and Levine write: “That Rosenberg’s producer owns the ‘chicagoteaparty.com’ site is already weird—but what’s even stranger is that he first bought the domain last August, right around the time of Rosenburg’s launch of the ‘Obama is a terrorist’ campaign. It’s as if they held this ‘Chicago tea party’ campaign in reserve, like a sleeper-site. Which is exactly what it was.”
The Sam Adams Alliance - The ChicagoTeaParty.com Web site, Ames and Levine report, is part of a larger network of conservative Web sites set up over the last few months under the auspices of the “Sam Adams Alliance” (SAA), an organization linked to the Koch family and to FreedomWorks, a public relations group funded by Koch and headed by former Republican House Majority Leader Dick Armey (see April 14, 2009). The SAA is a Chicago-area libertarian/conservative group named for Samuel Adams, who led the Boston Tea Party protest in 1773. [Playboy, 2/27/2009] In 2008, the New York Times described the SAA as having “started an ambitious project this year to encourage right-leaning activists and bloggers to get online and focus on local and state issues.” [New York Times, 7/19/2008]
OfficialChicagoTeaParty.com - Another Web site, officialchicagoteaparty.com, went live on February 19 as well. That site is registered to Eric Odom, a Republican specializing in faux-grassroots PR campaigns sometimes called “astroturf” (see April 15, 2009). Odom has worked with Koch Industries, a large oil and natural gas corporation and the source of the Koch family fortune, in supporting offshore oil-drilling legislation. Odom was, until January 2009, the “new media coordinator” for the Sam Adams Alliance. Upon his departure, the SAA removed Odom’s name from its Web site. The SAA also removed any mention of Koch’s funding, or any other connections between Koch and the organization, from its site. Two of the SAA’s board members, Eric O’Keefe and Joseph Lehman, are tied both to Koch and to FreedomWorks.
FreedomWorks - In the hours after Santelli’s rant, FreedomWorks posted a large photo of Santelli on its Web site’s front page with the caption: “Are you with Rick? We are. Click here to learn more.”
Other Sites - In the hours after Santelli’s rant, other Web sites such as Right.org, promoting a tea party support group that purports to be a citizen-launched organization “created by a few friends who were outraged by the bailouts” and headed by “Evan and Duncan,” and numerous pro-tea party Facebook pages, were launched. Right.org is sponsoring a $27,000 prize for an “anti-bailout video competition.” Ames and Levine ask: “Who are Evan and Duncan? Do they even really exist?”
No Connections on the Surface - Ames and Levine note that the numerous Web sites and Facebook pages have remarkable similarities in language and appearance, “as if they were part of a multi-pronged advertising campaign planned out by a professional PR company. Yet, on the surface, they pretended to have no connection. The various sites set up their own Twitter feeds and Facebook pages dedicated to the Chicago Tea Party movement. And all of them linked to one another, using it as evidence that a decentralized, viral movement was already afoot. It wasn’t about partisanship; it was about real emotions coming straight from real people.”
Santelli and the Tea Party Organizers - Ames and Levine ask why Santelli, and CNBC, would “risk their credibility, such as it is, as journalists dispensing financial information in order to act as PR fronts for a partisan campaign.” Santelli’s contract with CNBC is about to expire, they note. Until the “tea party” rant, Santelli was an obscure financial commentator with few prospects. Now, though, he is a “hero” of the right. As another Chicago tea party organization, the Daily Bail, wrote on its site: “Rick, this message is to you. You are a true American hero and there are no words to describe what you did today except your own. Headquartered nearby, we will be helping the organization in whatever way possible.” Ames and Levine speculate that Santelli may have been brought into the fold by one of his CNBC colleagues, Lawrence Kudlow, who himself has strong connections to FreedomWorks. [Playboy, 2/27/2009] Steve Megremis of the Daily Bail will call Ames and Levine’s allegations about his Web site’s involvement “categorically untrue,” writing: “It’s unfortunate because I believe that the article did some great investigative work and then at the end they threw me under the bus for no apparent reason. Apparently, the authors just assumed we were part of this conspiracy because of my own personal excitement about the prospect of a mid-summer tea party.” Megremis will post a response on his site, but the response will soon disappear. [Barry Ritholtz, 2/28/2009]
Playboy Removes Article - By March 2, Playboy will remove the Ames and Levine article from its Web site. No explanation is offered. The article will instead become available on a Web site called “The Exiled,” which bills itself as an “alternative” press outlet. [Jeffrey Feldman, 3/2/2009]
Entity Tags: Rick Santelli, William Ayers, Playboy, Sam Adams Alliance, Yasha Levine, The Exiled, Steve Megremis, Zack Christenson, Obama administration, Milt Rosenburg, Right.org, Mark Ames, Dick Armey, CNBC, Cato Institute, Eric O’Keefe, Chicago Tea Party, Eric Odom, FreedomWorks, Lawrence Kudlow, Joseph Lehman, Matt Drudge, John Birch Society, Fred Koch
Timeline Tags: Domestic Propaganda
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