Rudy Giuliani with Larry Kudlow

Rudy had a great interview on Kudlow & Company and proved himself to be both knowledgeable and absolutely correct on the economic issues of our time. He did so well that Kudlow, a free-market hero, was singing his praises for the rest of the show. I will be looking to the interview on youtube but in till then here are some key quotes.

"(The government) needs to make it clear that we're going to extend the tax cuts, that it's not just a temporary thing, so people can look forward to long-term planning. The government needs to reign in spending. We haven't done that in a while in a concerted way and it seems to me that is how the federal budget can have the best impact on the private economy."

"Globalization and free market economics is the way to go for the United States. If we challenge ourselves, it gives us the hope for growth, and we should always be pointing towards growth."

"I started with a $2.3 billion deficit, and by lowering taxes we cleared that deficit and started building a pretty big surplus."

"If some mistakes were made in being too aggressive, that sometimes creates overinvestment and bad decisions. That's kind of a natural thing in a market, so I would rather have it correct itself rather than have Congress correct it. There (are) always going to be cycles … that's the nature of a free economy."