While Jay is off shivering in Alaska, I welcome the gracious and insightful Larry Kudlow to Need to Know. We spend the first half of the podcast talking about Iran with our mutual friend, John Batchelor, not just because John is so knowledgeable about Iran, but because he has an interesting personal angle on the story. (If you don’t listen to John Batchelor yet, you’ve been missing the smartest program on radio!) We then pivot to Hillary Clinton’s economic reforms. She wants to raise the capital gains tax. Larry has some choice words for this idea, as you can well imagine, and we discuss whether the whole darn Democratic party has given up on capitalism altogether. This leads to other topics, including Trump (can’t avoid it) and the tantalizing possibility that Larry may leap into the political ring himself. Do join us!