WEBVTT - Why Biden pulled out: 'Money is the mother's milk of politics'

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<v Speaker 1>From Schwartz Media. I'm Ruby Jones. This is seven AM.

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<v Speaker 1>With just over one hundred days to go until the

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<v Speaker 1>US election, President Joe Biden has announced his dropping out

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<v Speaker 1>of the race. In a letter posted to X, he said,

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<v Speaker 1>I believe it is in the best interest of my

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<v Speaker 1>party and the country for me to stand down and

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<v Speaker 1>focus solely on fulfilling my duties as president for the

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<v Speaker 1>remainder of my term. Biden's announcement comes after weeks of

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<v Speaker 1>intensifying pressure from donors and colleagues, concerned he was facing

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<v Speaker 1>certain defeat by Trump. The question now is whether the

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<v Speaker 1>Democrats will unite around Karmala Harris, president Biden's pick for

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<v Speaker 1>his successor. Today, senior fellow at the United States Studies

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<v Speaker 1>Center Bruce Wolpy on the key players who pushed Biden

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<v Speaker 1>out and whether Karmala Harris can win. It's Tuesday, July

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<v Speaker 1>twenty three. Bruce, Hello, welcome back to seven AM.

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<v Speaker 2>Wonderful to be here, Thank you so much.

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<v Speaker 1>Ever since that disastrous perst debate against Trump, Biden has

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<v Speaker 1>been under this intense and growing pressure to step aside.

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<v Speaker 1>Yet he and He's inner circle they have seemed completely

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<v Speaker 1>immovable until this moment, So why did he cave?

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<v Speaker 2>Now, you're exactly right. And so this all happened on

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<v Speaker 2>Sunday in the United States. Well, Sunday morning was a

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<v Speaker 2>continuation of the fierce reporting that Biden was angry, he

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<v Speaker 2>was resentful, he wasn't going anywhere. He had announced he

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<v Speaker 2>was going to campaign in this coming week. He felt betrayed,

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<v Speaker 2>he felt underappreciated, and he hated it. He said, I

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<v Speaker 2>am the nominee. I was in the primaries. I want

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<v Speaker 2>millions of votes, got all the delegates, and you're telling

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<v Speaker 2>me I can't be the nominee of our party. Look,

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<v Speaker 2>I'm not a young guy.

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<v Speaker 1>That's no secret. But here's the deal.

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<v Speaker 2>I understand how to get things done for the American people.

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<v Speaker 2>He entered the twenty twenty presidential campaign to do one thing,

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<v Speaker 2>stop Donald Trump.

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<v Speaker 3>Donald Trump believes the job of the presidents to take

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<v Speaker 3>care of Donald Trump.

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<v Speaker 2>He said in twenty twenty four, I am the best

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<v Speaker 2>to stop Donald Trump.

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<v Speaker 3>I know him well, and I know the danger he

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<v Speaker 3>presents to our democracy, and we've been down this road before.

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<v Speaker 2>And so for him to be denied that opportunity when

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<v Speaker 2>he fervently believed he was the best he didn't believe

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<v Speaker 2>the polls, he didn't believe the material the people were

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<v Speaker 2>bringing him. But the key thing to watch in this

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<v Speaker 2>were about five or six pivotal people President Obama, President Clinton,

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<v Speaker 2>the former Speaker of the House Nancy Pelosi, who is

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<v Speaker 2>the most cunning and revered strategists that the Democrats have,

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<v Speaker 2>the Leader of the House Hakim Jeffreys Democrat and the

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<v Speaker 2>maori Arty leader in the Senate, Chuck Schumer, and the

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<v Speaker 2>most prominent Black representative in Congress, Jim Clyburn, whose support

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<v Speaker 2>for Biden in twenty twenty sealed his nomination and ultimately

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<v Speaker 2>his victory. And most of them, Clyburn aside, we're hearing

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<v Speaker 2>from their members that we're dead. We will go down

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<v Speaker 2>with him. Trump will win, he will win control of Congress.

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<v Speaker 2>He will have an unfettered hand to rule with an

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<v Speaker 2>iron fist, and we can't let this happen. All these

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<v Speaker 2>leaders ultimately met with Biden, and finally there was a

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<v Speaker 2>realization by the President and his staff, who's been loyal

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<v Speaker 2>with him for decades and who are excellent, that this

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<v Speaker 2>is over. He's going to lose, and it's going to

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<v Speaker 2>be a catastrophe for the Democratic party, and ultimately he

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<v Speaker 2>had to accept it.

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<v Speaker 1>And it's not just Biden's Democratic colleagues that have been

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<v Speaker 1>losing faith in him, is it its donors as well?

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<v Speaker 1>How critical has that fact been for Biden?

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<v Speaker 2>Well, if you're in a jet plane, you need fuel

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<v Speaker 2>and when the fuel runs out, you crash. And Yeah,

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<v Speaker 2>when George Clooney says I'm not doing any more money

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<v Speaker 2>for you, well it gets everyone's attention.

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<v Speaker 1>Disney eras Abigail Disney withdrawing her support.

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<v Speaker 2>Telling CNBC yesterday that she plans to stop all donations

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<v Speaker 2>as long as the president remains the front runner. What's

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<v Speaker 2>really interesting is in the first hours of Kamala Harris

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<v Speaker 2>saying that she is running tens and tens of millions

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<v Speaker 2>of dollars from small dollar contributors has flown in. So yes,

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<v Speaker 2>money is the mother's milk of American politics, and it

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<v Speaker 2>was pretty important.

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<v Speaker 1>And Joe Biden he's endorsed his vice president Kamala Harris,

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<v Speaker 1>and she has said that her intention is to earn

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<v Speaker 1>and win this nomination. So what does that process actually

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<v Speaker 1>look like.

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<v Speaker 2>We've never been here before, so we don't have clear

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<v Speaker 2>definition of it. It's unprecedented. Yeah, you know, I get

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<v Speaker 2>tired of saying how unprecedented we are in these unprecedented times,

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<v Speaker 2>But no major parties Canadon for president has dropped out

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<v Speaker 2>of a presidential race this close to the election throughout

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<v Speaker 2>American history. A lot depends on who else enters the

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<v Speaker 2>race and wants to get the nomination, And I think

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<v Speaker 2>the party will probably set up some events around the

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<v Speaker 2>country where whoever is contesting the nomination will have debates

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<v Speaker 2>or town halls or whatever, so you get a sense

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<v Speaker 2>of them and how they're doing. But question is, do

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<v Speaker 2>you have a sort of clean process or a messy

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<v Speaker 2>process where some people get in a race and they say,

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<v Speaker 2>I don't want Kamala Harris, You've got to stick with me,

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<v Speaker 2>and you divide the party. Now, I think at the end,

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<v Speaker 2>given the stakes involved, that the party will work a

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<v Speaker 2>process that finds itself coalescing around Kamala Harris in the

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<v Speaker 2>Democratic Convention which begins August nineteenth.

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<v Speaker 1>After the break, can Kamala Harris beat Donald Trump? Bruce? If,

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<v Speaker 1>as you're predicting, the whole party does get behind Kamala

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<v Speaker 1>Harris without this traditional nomination process playing out, does that

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<v Speaker 1>leave the Democrats open to criticism that they're acting undemocratically.

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<v Speaker 2>Yes, it could, and I think that we got a

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<v Speaker 2>little flavor of that today. President Obama made public a

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<v Speaker 2>letter to the American people on Joe Biden's presidency and

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<v Speaker 2>it was really high praise for what Biden and his

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<v Speaker 2>legacy will be. And then people are saying, oh, he

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<v Speaker 2>didn't endorse Kamala Harris. Does that mean he's not for

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<v Speaker 2>Kamala Harris? And I think two things. First, that President Obama,

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<v Speaker 2>being the man that he is, understands that this is

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<v Speaker 2>a day for Joe Biden, this is a day for

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<v Speaker 2>honoring his presidency, and that if he had endorsed Kamala

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<v Speaker 2>Harris in the same breath, well, then that inside baseball

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<v Speaker 2>deal would be a parent. Ah, they all conspired, it's

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<v Speaker 2>all in. It was all a plot. And so I

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<v Speaker 2>think there will be some distance between what happened today

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<v Speaker 2>with President Biden and other very prominent people coming in

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<v Speaker 2>to support her.

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<v Speaker 1>And we know that the Trump campaign they've already been

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<v Speaker 1>preparing for a race against Kamala Harris. Tell me about

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<v Speaker 1>what their line of attack against her will be.

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<v Speaker 2>With Kamala Harris, they'll attacker is a radical extremist, communist,

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<v Speaker 2>deep state type person, the very figurine that they hate.

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<v Speaker 2>They're going to go after her appearance, their voice, how

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<v Speaker 2>she talks, her mannerisms and so forth. But there are

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<v Speaker 2>a couple things here. She's a prosecutor. She was district

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<v Speaker 2>attorney in San Francisco, attorney general of the state of California.

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<v Speaker 2>She goes after criminals. Well, guess what Trump is a

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<v Speaker 2>convicted felon. She's going to attack him, and he hasn't

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<v Speaker 2>faced that kind of criticism from the Democratic nominee throughout

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<v Speaker 2>this campaign. Effective criticisms, criticism that sticks, and I think

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<v Speaker 2>she will make every effort to make it stick. The

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<v Speaker 2>other thing about Trump is I don't think he has

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<v Speaker 2>high regard for women, women that have been prominent and powerful.

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<v Speaker 2>He attacks. He calls Nancy Pelosi, the former speaker, crazy Nancy.

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<v Speaker 2>If you're a prominent anchor at Fox News, he says

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<v Speaker 2>horrific things about you, the same about journalists at MSNBC.

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<v Speaker 2>And so I think a woman of color presents a

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<v Speaker 2>really rich target for him to denigrate. And in Australia,

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<v Speaker 2>we've learned from Julia Gillard over ten years ago, what

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<v Speaker 2>can happen to a woman who becomes who can test

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<v Speaker 2>the position.

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<v Speaker 1>And it was Biden's debate performance that really led us

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<v Speaker 1>to this moment. So will we see another debate against Trump?

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<v Speaker 1>And if so, how would Kamala Harris perform against him?

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<v Speaker 2>She is a debater, She was in the Senate for

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<v Speaker 2>many years, so I think she has all the attributes

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<v Speaker 2>to do it. She also has a wealth of experience

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<v Speaker 2>from being vice president for almost four years. She is

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<v Speaker 2>in all the meetings, she goes overseas on missions for him.

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<v Speaker 2>I think she's underestimated, and in politics, you always want

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<v Speaker 2>to be underestimated. On the other hand, if she makes bloopers,

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<v Speaker 2>if she misssteps, and in her early days as vice president,

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<v Speaker 2>she was not effective in the media. She was uneasy,

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<v Speaker 2>she had staff churn, She was weak on immigration, she

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<v Speaker 2>didn't establish her mandate over that. But she's evolved. She

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<v Speaker 2>has grown as vice president. When Florida passed a really

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<v Speaker 2>restrictive a six week ban on abortions, she went immediately

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<v Speaker 2>on the day after the legislature did that, and she

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<v Speaker 2>confronts the governor, confronts the voters in Florida. It was

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<v Speaker 2>a stunning coup.

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<v Speaker 3>This is a fight for freedom the fundamental freedom to

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<v Speaker 3>make decisions about one's own body and not have their

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<v Speaker 3>government tell them what they're supposed to do.

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<v Speaker 2>When there's a massacre, gun mass current schools, she goes

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<v Speaker 2>there and says, why are we doing this? Aren't we

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<v Speaker 2>better than this?

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<v Speaker 3>So part of line I'm here today is to challenge

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<v Speaker 3>every state has a red flag law.

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<v Speaker 2>So I think she has that ability and will see it.

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<v Speaker 2>I don't know whether Trump actually wants to debate Kamala Harris,

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<v Speaker 2>because there's only one way that can go. I think

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<v Speaker 2>he'd probably be afraid of debating her, and I think

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<v Speaker 2>he doesn't want to give her too much prominence and attention.

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<v Speaker 2>In other words, who's this selection going to be a

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<v Speaker 2>referendum on on Kamala Harris or Donald Trump. If it's

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<v Speaker 2>on Kamala Harris, she'll probably lose. If it's on Trump,

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<v Speaker 2>the Democrats will probably win.

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<v Speaker 3>Yeah.

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<v Speaker 1>I think it's fair to say that until this moment,

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<v Speaker 1>Harris has been in Biden's shadow. Her approval ratings their week,

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<v Speaker 1>and there is a lot of uncertainty around whether she

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<v Speaker 1>can actually meet this challenge. Even if she does run

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<v Speaker 1>the absolute best version of her campaign, I still wonder

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<v Speaker 1>if she can win against Trump, because it seems unlikely

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<v Speaker 1>right now that anyone could with less than four months

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<v Speaker 1>to go. Trump has never seemed stronger.

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<v Speaker 2>That is exactly right. And if you look at the

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<v Speaker 2>swing states, they've been going hard towards Trump since the debate,

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<v Speaker 2>and that's trouble. On the other hand, what Biden was

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<v Speaker 2>suffering from was a lack of enthusiasm. Now I think

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<v Speaker 2>Harris can regenerate a lot of enthusiasm, particularly younger voters,

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<v Speaker 2>I think, among black voters, among women, among some Hispanic Americans,

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<v Speaker 2>and so she has a chance to get some ground back.

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<v Speaker 2>It's uphill, absolutely.

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<v Speaker 1>So as we speak, Kamala Harris is on the brink

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<v Speaker 1>of making history. She would be the first woman of

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<v Speaker 1>color to be a presidential nominee, and if she were

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<v Speaker 1>to win, she would be the first female president. Do

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<v Speaker 1>you think that those facts about her have the power

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<v Speaker 1>to galvanize voters, that Harris is someone who can convince

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<v Speaker 1>people enough people to turn out and to vote for her.

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<v Speaker 2>I think next month is really crucial in that regard.

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<v Speaker 2>If she has a good performance, she brings the party together,

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<v Speaker 2>if she gets enthusiastic crowds in groups of Americans, who

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<v Speaker 2>were not going to vote for Joe Biden. Then the

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<v Speaker 2>answer is yes, Trump is not going to lose any

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<v Speaker 2>of his voters. The question is can she accumulate enough

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<v Speaker 2>voters to out vote those guys And just as Biden did,

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<v Speaker 2>you know, seven million votes in twenty twenty. So to

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<v Speaker 2>be seen, but it's going to be really.

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<v Speaker 1>Interesting, Bruce, Thank you so much for your time.

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<v Speaker 2>Thank you so much. It's only the future of the

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<v Speaker 2>free world. We'll see how we go.

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<v Speaker 1>Also in the news today, tens of millions of dollars

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<v Speaker 1>in donations continue to flow into the Democrats campaign coffers

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<v Speaker 1>as backers show support for Kamala Harris as the preferred candidate.

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<v Speaker 1>Harris raised over twenty seven point five million US dollars

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<v Speaker 1>in just the first five hours of per campaign on Sunday.

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<v Speaker 1>By nighttime, that figure had grown to nearly fifty million,

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<v Speaker 1>according to fundraising platform act Blue. The donations are largely

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<v Speaker 1>coming from small dollar or grassroots supporters. VP Karmala Harris

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<v Speaker 1>also stands to inherit around ninety six million US dollars

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<v Speaker 1>in President Biden's campaign fund, and Australia is one of

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<v Speaker 1>several nations to respond to the weekend's landmark ICJ ruling,

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<v Speaker 1>which found that Israel's occupation of Palestinian territories is in

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<v Speaker 1>violation of international law. The ruling marks the first time

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<v Speaker 1>the ICJ has handed down an advisory opinion on the

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<v Speaker 1>legality of Israel's occupation of the Gaza Strip, West Bank

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<v Speaker 1>and East Jerusalem. The ruling called for Israel to end

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<v Speaker 1>its occupation and that it's obligated to pay reparations for

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<v Speaker 1>the harm coust. Foreign Minister Penny Wong said in statement

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<v Speaker 1>the government is carefully considering the ICJ ruling and said

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<v Speaker 1>they want to see concrete science taken to end the settlement.

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<v Speaker 1>Over the weekend, is Rail Prime Minister Benjamin Ettniahu called

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<v Speaker 1>the court's ruling a quote decision of lies. I'm Ruby Jones.

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<v Speaker 1>This is seven am. See you tomorrow.