Last night I had the opportunity to discuss the idea of a free-market housing fix with distinguished FDIC chair Sheila Bair. We focused on the need for tighter, more conservative lending practices.

It’s the second edition of a weeklong series we’re doing on Kudlow Report dedicated to my free-market, 12-Step Path to Prosperity. Tonight we’ll be focusing on the need for some serious tea-party spending restraint from Washington.

If you’d like to read the transcript, click here.