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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the

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Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at

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Speaker 1: noon and five pm Eastern on Apple Coarclay and Android

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Speaker 1: Auto with the Bloomberg Business App. Listen on demand wherever

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Speaker 1: you get your podcasts, or watch us live on YouTube.

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Speaker 2: Many people spending their Christmas holiday digging through Epstein files.

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Speaker 3: Lawyers, journalists. There are rooms full of.

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Speaker 2: Them, with thousands still to pour through. And you know,

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Speaker 2: we got another dump yesterday. We talked about it here

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Speaker 2: with an interesting wrinkle, a bit of an update on

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Speaker 2: how this is going to work, because so far it's

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Speaker 2: been very difficult to follow. It's not coming out chronologically.

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Speaker 2: There's no schedule for release because they were all legally

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Speaker 2: supposed to be put up last Friday. The Trump administration,

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Speaker 2: according to Axios now estimating it's got about one week

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Speaker 2: to go. All right, Oh maybe this will barely crack

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Speaker 2: the new year. As many as seven hundred thousand more

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Speaker 2: pages to review before they're made public and then the

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Speaker 2: redactions and all that stuff happened. So far, about seven

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Speaker 2: hundred and fifty thousand records have been reviewed and disclosed

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Speaker 2: by a team of about two hundred. So it's not

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Speaker 2: just the journalists and the lawyers, it's the doj of course,

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Speaker 2: and they've got national security folks pouring through the files

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Speaker 2: and all the rest. This has become a full time

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Speaker 2: operation for Eric Larson and his team. Bloomberg News legal

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Speaker 2: reporter joins us ahead of our conversation with doctor James Zyron,

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Speaker 2: who's got some thoughts about this. Eric is at World

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Speaker 2: headquarters in New York and it's.

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Speaker 3: Great to see.

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Speaker 2: Happy Christmas Eve, mister Larson. Interesting here, we've got a

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Speaker 2: week to go. We're still just barely getting through the

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Speaker 2: documents that we have, and pretty interesting among the findings.

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Speaker 2: The newer findings a photograph of Donald Trump and Gallaine

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Speaker 2: Maxwell that came off steam. We've Bannon's cell phone. Is

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Speaker 2: anything else popping out to you here that's new?

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Speaker 4: Well, you know, like you said, we got that first

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Speaker 4: batch on Friday, and then another one late Monday that

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Speaker 4: everyone was pouring through yesterday. Lots of people here and

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Speaker 4: around the world. I'm sure looking through those files some

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Speaker 4: of the things that we found related to Trump. There

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Speaker 4: were a lot more references to Trump in the second

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Speaker 4: batch of files. For example, references to flight logs on

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Speaker 4: Jeffrey Epstein's private jet said that it was an internal

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Speaker 4: It was a prosecutor's email from the Southern District of

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Speaker 4: New York to an unknown individual referencing how often Trump

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Speaker 4: was on that flight log. It's indicating that it was

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Speaker 4: much more often than they had expected, and including flights

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Speaker 4: where it was just Trump and Epstein that listed as

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Speaker 4: the only two passengers, and another flight where it was

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Speaker 4: just them and a twenty year old individual who was

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Speaker 4: not named or whose name was blacked out. I should

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Speaker 4: say there were a lot of references to Trump Trump's

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Speaker 4: use of Epstein's jet, even though Trump is maintained and

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Speaker 4: said explicitly last year that he never flew on Epstein's jet.

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Speaker 4: So there was more details about the private jets as scenario,

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Speaker 4: and also some internal FBI intake forms in which people

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Speaker 4: had called a hotline about Jeffrey Epstein and given some

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Speaker 4: details about what they some allegations and some claims that

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Speaker 4: they made about Trump and Epstein. They were pretty explosive.

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Speaker 4: Of course, they're they're not proven or anything. These are

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Speaker 4: just intake forms from tips. It's unclear what happened beyond that,

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Speaker 4: And of course there was the reference in a letter

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Speaker 4: that Jeffrey Epstein purportedly sent to Larry Nasser around the

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Speaker 4: day He's committed suicide. Eric, Yeah, I was just saying

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Speaker 4: they said it was fake. Yeah, so that's that was

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Speaker 4: another update.

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Speaker 2: You know, we're trying to be fair here, and it's

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Speaker 2: like you're never going to satisfy everybody on Twitter. But

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Speaker 2: that is important. One of our panelists brought this up yesterday.

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Speaker 2: This is the this is the infamous what did we

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Speaker 2: call him?

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Speaker 5: He was?

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Speaker 3: He was a doctor for gymnasts right exactly, Yes, twenty.

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Speaker 2: Nineteen jailhouse letter from Epstein to Larry Nasser was post

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Speaker 2: dated after Epstein's death, So I guess that's all we

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Speaker 2: need to know it's true.

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Speaker 4: They said that they were looking into it yesterday and

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Speaker 4: then hours later came out officially saying the FBI had

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Speaker 4: found it was fake. It interesting they didn't come to

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Speaker 4: that conclusion before they published it in the Epstein files,

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Speaker 4: but there you go.

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Speaker 2: Right, processed by a Virginia mailroom that did not handle

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Speaker 2: letters from Epstein's New York jail as well. Eric, thank you,

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Speaker 2: you're really making me doubt my wardrobe choices. Today we

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Speaker 2: got another Eric's got a tie Christmas Eve.

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Speaker 3: Thanks for bring Like you said, no one's watching, that's right,

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Speaker 3: famous last words, Well they're listening. I mean, that's right.

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Speaker 3: Doctor Zirron is with us.

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Speaker 2: I've been looking forward to this former Assistant US Attorney

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Speaker 2: for the Southern District of New York, James Zyron, on

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Speaker 2: the latest here with regard to the Epstein files and

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Speaker 2: an important Supreme Court ruling yesterday. Doctor, it's great to

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Speaker 2: have you back on Bloomberg TV and radio.

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Speaker 3: Well what is getting your attention?

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Speaker 5: That's Conomy files right now. Yeah, me, because I'm hardly

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Speaker 5: a doctor. I'm just a lawyer.

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Speaker 3: I did get a degree called jurist doctor, but I

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Speaker 3: got it.

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Speaker 5: I think the first person who's ever called me doctor,

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Speaker 5: And I'm delighted.

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Speaker 3: Will you make us all sound smarter that way?

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Speaker 6: That's right.

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Speaker 3: What's any anyway you'll.

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Speaker 2: Make of the rollout of these files? They're not chronological.

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Speaker 2: There are questions about the redactions, some of which can

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Speaker 2: be removed because they weren't actually blacked out.

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Speaker 3: They just they just did this digitally. Here. How's the

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Speaker 3: administration doing so far?

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Speaker 5: Very badly, even among its most ardent supporters, I mean

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Speaker 5: Ezra Kleine in The New York Times this morning said,

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Speaker 5: the right is at war with itself over the Epstein files,

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Speaker 5: and the production.

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Speaker 3: Is clearly not in compliance.

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Speaker 7: You're listening to.

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Speaker 1: The Bloomberg The Poet plodcast Catch us Live weekdays at

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Speaker 1: noon and five to the Emmys Journey on Albums one

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Speaker 1: Live on Amazon Alexa from our Flax New York station

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Speaker 1: Open just say Bloomberg eleven thirty now.

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Speaker 5: Thirty thousand more. There are references to Trump. The redactions

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Speaker 5: are just astounding. I've never seen a production like this

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Speaker 5: where entire pages are redacted. We don't even know the context.

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Speaker 5: If you wanted to protect the privacy of victims, you'd

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Speaker 5: say Joe Smith said too, and then you'd have the

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Speaker 5: victims name redacted and then you know the context. But

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Speaker 5: here we don't even know the context. We don't know

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Speaker 5: why it's redacted. We don't know whether it's protecting victims,

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Speaker 5: we don't know whether it be it's a pending investigation.

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Speaker 5: The two the only two outs that the Congress gave

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Speaker 5: the Justice Department. So it's a very haphazard, sloppy production,

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Speaker 5: which isn't going to pass. Muster already, Santra Schumer who

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Speaker 5: wants to introduce a bill to require a full compliance.

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Speaker 5: We don't know how far that will go, but I'd

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Speaker 5: like to ask you the entire matter isn't over yet.

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Speaker 2: I talked to Congresswoman Becky Ballance, a Democrat from Vermont, yesterday.

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Speaker 3: She's the at large.

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Speaker 2: Member from Vermont who was really animated about the lack

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Speaker 2: of disclosure so far, the redactions as you put it,

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Speaker 2: and she says Congress will hold the DOJ to this law.

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Speaker 3: Here's what she said. We deserve to.

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Speaker 8: Get the information unvarnished, unfiltered from this release of documents.

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Speaker 9: And of course the.

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Speaker 8: President and his team are going to try to spin it.

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Speaker 8: But just the fact that there were eight flights that

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Speaker 8: he was on that he did not admit to. There

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Speaker 8: is other material here, and Americans can handle the truth.

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Speaker 3: We want to see the truth. Americans can handle the truth.

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Speaker 10: You know.

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Speaker 2: There's talk about Tom Massey and Rocanna holding the Attorney

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Speaker 2: General in inherent contempt. Massy also asserting is going to

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Speaker 2: pursue an impeachment of the Attorney general.

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Speaker 3: Will any of these approaches work well?

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Speaker 5: Impeachment clearly won't, because I doubt it will pass the

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Speaker 5: House if it passes the House, he won't get the

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Speaker 5: two thirds majority in the Senate. Whether they can hold

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Speaker 5: him in an inherent contempt, it's something that's seldom been used,

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Speaker 5: or because it's Pam Bondi who has the uldmate responsibility

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Speaker 5: for it. But there'll be a lot of chatter in

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Speaker 5: Congress about this, and there'll be a lot of chatter

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Speaker 5: and the press about it. And it just as Yogi said,

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Speaker 5: it ain't over until it's over.

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Speaker 2: Yeah, Well, we're hearing from some victims, you know. Victim

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Speaker 2: whose name was left unredacted in files released Friday says

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Speaker 2: her name appeared several times. She's getting unsolicited calls now

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Speaker 2: about it. And a statement signed by nineteen women nineteen

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Speaker 2: victims released by their attorneys. They say the files did

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Speaker 2: not include financial disclosures and that grand jury minutes previously

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Speaker 2: approved for release were fully blacked out. They're accusing the

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Speaker 2: DOJ of clear cut violations of the law.

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Speaker 3: Will victims cases make a dent in this?

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Speaker 5: I think there's going to be a lawsuit brought by

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Speaker 5: members of Congress to have the judge inspect the files

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Speaker 5: in an unredacted form and decide whether the production has

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Speaker 5: been complete This often happens in litigation, and usually it's

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Speaker 5: referred to a magistrate. In this case, it might have

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Speaker 5: to be referred to five or six magistrates, but they

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Speaker 5: will review the files. The files are searchable and determine

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Speaker 5: whether these reactions comply with the law don't comply with

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Speaker 5: the law. And I think that's really the remedy there.

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Speaker 3: It's great to talk it out with James Iron. It's

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Speaker 3: been a while.

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Speaker 2: I'll call you a doctor one more time if you want,

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Speaker 2: former Assistant US Attorney for the Southern District of New York.

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Speaker 3: Thank you, Doc, and have a great Christmas.

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Speaker 2: We'll assemble our panel, which might have some thoughts on this.

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Speaker 2: This was not the only legal story moving the needle yesterday, though.

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Speaker 2: Here in Washington we heard from the Supreme Court pretty

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Speaker 2: important deal. Here is six' three ruling to prevent The

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Speaker 2: president of The United states from mobilizing The National guard

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Speaker 2: in the city Of, chicago a rare rebuff from The

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Speaker 2: Supreme court for the. Administration we're going to get into

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Speaker 2: that now and consider what it might mean for other

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Speaker 2: cities around the. Country when we assemble our political panel,

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Speaker 2: next they'll have the latest two Of epstein Files Genie

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Speaker 2: shanzino And Lisa Camuso miller are spending This Christmas eve with,

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Speaker 2: us so stay with us as always a balance Of

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Speaker 2: power right here on bloom.

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Speaker 1: You're listening to The Bloomberg balance Of power. Podcast catch

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Speaker 1: us live weekdays at noon and five Pm eastern On Apple,

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Speaker 3: YouTube, yep it must Be.

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Speaker 2: Christmas Happy Christmas eve to you and thank you for

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Speaker 2: spending part of it with us here On balance Of.

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Speaker 2: Power doing things a little bit differently, today And i'm

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Speaker 2: glad you're with. Us Former Congressman Denver riggleman's going to

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Speaker 2: pay us a, visit talking a lot about trouble in

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Speaker 2: the labor, market the slow down that we've been, seeing

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Speaker 2: prompting THE fed to cut rates even in the face

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Speaker 2: of stubborn. Prices the most recent metric we find with

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Speaker 2: the holiday brings us to the.

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Speaker 5: Mall Mall.

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Speaker 2: Santa things are not great For santa this. Year you

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Speaker 2: THOUGHT i was going to talk about consumer. Spending know

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Speaker 2: the job market here for those looking for temporary, work gig,

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Speaker 2: workers the.

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Speaker 3: Guys who put on The santa. Outfit there's not as

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Speaker 3: much work this.

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Speaker 2: Year this, follows of, course the pandemic when everybody was

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Speaker 2: trying to get on the.

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Speaker 3: Bench here.

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Speaker 2: Fascinating story In Axios Mitch, allen who Runs Higher. Santa

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Speaker 2: this is a staffing agency that does big business once a,

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Speaker 2: year not just the, malls but the private parties and

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Speaker 2: the corporate, stuff all the. Rest he Tells. Axios people

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Speaker 2: calling to inquire about Four Higher santas to appear at, malls,

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Speaker 2: schools off private events are down almost thirty percent from

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Speaker 2: twenty twenty four for Mall. Santas some of that soft

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Speaker 2: demand is structural and long in the. Making there are

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Speaker 2: fewer malls and more people are doing their holiday shopping.

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Speaker 2: Online but, still if you went to the trouble to

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Speaker 2: buy A santa, outfit you got to put on a

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Speaker 2: bunch of Waiter joe's not to take it. Off you

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Speaker 2: got the beard up. There it's very itchy and you

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Speaker 2: can't get hired this. Year it might speak to what's

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Speaker 2: happening in the economy as. Well and that's where we

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Speaker 2: start with our political. Panel Bloomberg politics Contributor Genie shanzano

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Speaker 2: is WITH Us democracy visiting fellow At Harvard Kennedy School's Ash,

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Speaker 2: center And Lisa Camuso miller is here, Too republican Strategist Rock,

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Speaker 2: solutions FORMER rnc. Spokesperson Happy Christmas, eve. Guys If Santa,

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Speaker 2: genie If Santa claus is feeling the pinch in the job,

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Speaker 2: market we, know of course that it's beyond just the.

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Speaker 2: Holiday we talked about this concept of affordability versus abundance

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Speaker 2: With Frank luntz a short time, ago And i'm wondering

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Speaker 2: your thoughts on this as. Well THE s AND p

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Speaker 2: five hundred twenty five minutes ago closed at a new closing,

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Speaker 2: high a new all time all time at the closing.

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Speaker 2: Bell but The president is telling people that they don't

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Speaker 2: need as many dolls or pencils For christmas this. Year

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Speaker 2: how do we rationalize those two?

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Speaker 11: Facts, Yeah, JOE i just want to SAY i was

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Speaker 11: just told that THE norad tracker Has santa departing The

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Speaker 11: North pole about three hours, Ago so no worries he

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Speaker 11: is coming for anybody.

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Speaker 3: Out thank.

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Speaker 7: You AND i know you're going to track him, Carefully.

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Speaker 11: Joe you, KNOW i know you're going to you, know

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Speaker 11: we can ascribe it to the k.

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Speaker 7: Shape we can talk about the.

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Speaker 11: Goldilocks the reality is something that most presidents get very

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Speaker 11: frustrated by and most public, officials which is that there

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Speaker 11: can be very strong, numbers and the president has had

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Speaker 11: good numbers in the last forty eight hours and the

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Speaker 11: latest you just.

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Speaker 7: Mentioned but people have to feel.

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Speaker 11: Them and if people aren't feeling, them and consumer sentiment

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Speaker 11: folks say that they're, not then that is a problem.

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Speaker 11: Politically and we've seen this divide With Joe. Biden we're

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Speaker 11: seeing it now With Donald. Trump of, course it was

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Speaker 11: much easier When Donald trump was Candidate trump to.

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Speaker 7: Blame Joe biden and say who's going to come and fix.

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Speaker 11: It now he's, here he's still Blaming Joe biden and

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Speaker 11: saying it's nothing to, worry nothing to look at. Here

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Speaker 11: so you, know he's got to wrap his head around

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Speaker 11: the fact he's in, office and he's got to be

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Speaker 11: a bit more. Empathetic And i'll tell you who's doing

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Speaker 11: an okay job on this is Jd vance of all

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Speaker 11: people telling people to hold, off wait it'll come.

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Speaker 3: Yep so there we.

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Speaker 2: Are, well you, Know, GENIE i just want you to

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Speaker 2: know we got The nora d tracker up. Here if

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Speaker 2: you're with us on, YouTube this is why you need

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Speaker 2: to see the show on. YouTube he is apparently over

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Speaker 2: over the ocean somewhere right. Now Ed dufner reports he

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Speaker 2: is Avoiding greenland over the ocean and currently AND i

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Speaker 2: got what are they going to? Do Is santa going

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Speaker 2: to be able to get over The? Caribbean that's, like

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Speaker 2: didn't the president close that? Airspace he does, have by the,

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Speaker 2: way in the, Guidance he's going to be doing something

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Speaker 2: WITH norad later. On he's going to take part four

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Speaker 2: thirty pm From Palm. Beach he's going to take part

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Speaker 2: of THE. Norad santa Calls. Lisa do you remember when

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Speaker 2: the president did that in the first term and he

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Speaker 2: asked a seven year old girl if she still believes In?

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Speaker 3: Santa is that what we get? LATER i don't. KNOW i,

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Speaker 3: MEAN i think that that's so.

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Speaker 12: Difficult that's such a difficult conversation to, have especially if

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Speaker 12: you're the president in The United. STATES i, MEAN i,

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Speaker 12: think more than, anything let's focus here in on the

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Speaker 12: magic Of christmas and the magic of the, holidays and

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Speaker 12: that really goes back to the, value the value of

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Speaker 12: being with those you love whether it's family or, friends

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Speaker 12: or just being amongst pets that are good to, you,

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Speaker 12: RIGHT i, mean that's the biggest thing here, now the

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Speaker 12: breakdown between what's reality and what's, happening, Though joe is

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Speaker 12: precisely what you got back to is that even though

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Speaker 12: the market itself appears to have really rebounded in a

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Speaker 12: really good, place the problem is that affordability and the

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Speaker 12: cost of living has gone up so much in the

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Speaker 12: last three years that people are still catching. Up and

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Speaker 12: that's precisely what The vice president is talking. About the president's,

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Speaker 12: WORDS i think we're a little imprecise when he.

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Speaker 3: Talked about dolls and pencils FOR.

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Speaker 12: I can't imagine he ever went To macy's to, shop

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Speaker 12: even Though i'm sure the movies had him. There you,

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Speaker 12: know it's to me more about just sort of meeting

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Speaker 12: people in.

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Speaker 7: The reality that they're living.

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Speaker 12: In and CERTAINLY i hope The president does not ask

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Speaker 12: anyone if they believe In Santa, claus because really it's

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Speaker 12: none of his darn.

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Speaker 3: Business it was so brutal you got TO i, mean

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Speaker 3: that was a moment for.

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Speaker 2: YouTube by the, Way i'm probably ruining Some christmas for

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Speaker 2: report kid in the backseat of his awful parent who

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Speaker 2: listens To. BLOOMBERG i hope that's not the, case And

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Speaker 2: i'm sorry to your family if that.

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Speaker 3: Is, yeah, Boy, JEANIE i don't know.

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Speaker 2: When the president starts talking Like Jimmy carter, though that's

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Speaker 2: the part that gets. Me you don't need the, dolls

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Speaker 2: you don't need the. Pencils you, know we can pull

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Speaker 2: ourselves up by our bootstraps a little. Bit that's one

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Speaker 2: thing when It's Jimmy carter with the cardigan. Sweater it's

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00:18:12,600 --> 00:18:15,959
Speaker 2: another thing when it's a multi billionaire who's playing golf

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Speaker 2: In Palm beach? Today is it not that it's just

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00:18:19,160 --> 00:18:20,840
Speaker 2: the words might be the, same but that message is

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Speaker 2: going to land.

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00:18:21,280 --> 00:18:23,880
Speaker 3: Differently it, Is.

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Speaker 7: Joe you make Everybody's Christmas eve. Better so don't ever

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00:18:26,840 --> 00:18:28,400
Speaker 7: say such a. Thing it's all.

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Speaker 3: Cut i'm just, sorry.

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Speaker 5: You know it.

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Speaker 11: IS i, mean there is this sort of you, know

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Speaker 11: two different pictures Of Donald, trump the gold Plated White,

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Speaker 11: house the big, ballrooms you, know the big parties that

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00:18:43,880 --> 00:18:47,840
Speaker 11: he's throwing On, halloween and yet talking about. Austerity it

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00:18:48,080 --> 00:18:52,040
Speaker 11: just doesn't fit. Well and this has been a messaging.

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Speaker 11: PROBLEM i, mean there is you, know The Donald trump

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Speaker 11: that is campaigning and very good at being an. Outsider

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Speaker 11: but once he's in power and he's in, control he's

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Speaker 11: got nobody else to, blame and so he's sort, of

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00:19:04,359 --> 00:19:08,080
Speaker 11: to your, point adopted A Jimmy carter. Message you, KNOW

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Speaker 11: i think that president is setting up a problem quite

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Speaker 11: frankly For republicans who are now as they are home,

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00:19:15,080 --> 00:19:17,320
Speaker 11: now they're going to hear a lot from their constituents

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Speaker 11: they're going to come. Back are they going to adopt, this,

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Speaker 11: oh affordability is all a hoax? Message or are they

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Speaker 11: going to side with their constituents and say it is very?

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00:19:26,680 --> 00:19:29,480
Speaker 11: Real and they're going to have to say it's very

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00:19:29,480 --> 00:19:32,480
Speaker 11: real because Unlike Donald, trump their names are on the ballot.

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Speaker 7: In a few.

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Speaker 11: Months and so it does create a lot of, problems

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00:19:35,640 --> 00:19:39,240
Speaker 11: not just For trump and the, administration but For republicans

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00:19:39,280 --> 00:19:41,880
Speaker 11: turning coming. Back And, joe IF i can just add

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00:19:41,920 --> 00:19:44,720
Speaker 11: more one more thing on The, santas if you could.

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Speaker 7: Please do a reading Of.

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Speaker 11: David Sedaris's Santaland diaries about his time as an ELpH At,

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00:19:50,760 --> 00:19:52,600
Speaker 11: macy's it would fit right into this.

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Speaker 7: Story i'll.

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Speaker 10: You know.

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Speaker 2: What there's also the optics of the Gilded Oval. Office

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Speaker 2: incredible reporting today in The New York. Times if you

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Speaker 2: have not seen this, Story they spent time in The

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00:20:04,840 --> 00:20:07,840
Speaker 2: oval like no one, has cataloging each inch and all

375
00:20:07,840 --> 00:20:10,320
Speaker 2: of the changes that have taken place over the last.

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00:20:10,359 --> 00:20:11,320
Speaker 3: Year there have been a lot of.

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00:20:11,359 --> 00:20:14,880
Speaker 2: Them by the, way the flags are, abundant as they,

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00:20:14,880 --> 00:20:17,879
Speaker 2: write five times as many as most other presidents. Displayed

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00:20:18,160 --> 00:20:20,560
Speaker 2: we've got the gold framed copy of The declaration Of.

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00:20:20,600 --> 00:20:25,160
Speaker 2: Independence portraits now twenty of, them mostly of presidents, past

381
00:20:25,280 --> 00:20:29,920
Speaker 2: except there Is Jackie. Kennedy, yeah by the, fireplace the

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00:20:29,920 --> 00:20:31,880
Speaker 2: only image of a woman in the. Oval The president

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00:20:32,119 --> 00:20:35,840
Speaker 2: requested that fascinating gold statue out of an eagle flying

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00:20:35,880 --> 00:20:38,600
Speaker 2: over The constitution arrived last month near the flags behind the,

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00:20:38,640 --> 00:20:40,600
Speaker 2: desk a wooden box with a red.

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00:20:40,640 --> 00:20:43,280
Speaker 3: Button you, know that's the diet coke. Button that's. Different

387
00:20:43,320 --> 00:20:46,000
Speaker 3: it's not. Gold but the question of whether the gold

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00:20:46,080 --> 00:20:49,000
Speaker 3: is real also. Acknowledged when you look at all the

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00:20:49,040 --> 00:20:52,639
Speaker 3: frames in the mirrors and the. Photos some thought that

390
00:20:52,720 --> 00:20:55,160
Speaker 3: this was just cheap. Plastic, no The White house says

391
00:20:55,160 --> 00:20:57,960
Speaker 3: that while the underlying materials are made of plaster or,

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00:20:58,000 --> 00:21:02,240
Speaker 3: metal they are covered in real gold. LEAF a craftsman

393
00:21:02,320 --> 00:21:05,080
Speaker 3: From florida travels to The White house on the weekends

394
00:21:05,400 --> 00:21:08,880
Speaker 3: to guild parts of The Oval office by, hand typically

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Speaker 3: when The president is.

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00:21:09,800 --> 00:21:12,720
Speaker 2: Away And, LISA i know you've been on The oval.

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00:21:12,720 --> 00:21:15,600
Speaker 2: Office this is. Fascinating you know about the peep hole

398
00:21:16,280 --> 00:21:19,000
Speaker 2: in the outer. Oval most people don't know about. This

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00:21:19,800 --> 00:21:22,520
Speaker 2: there was a peep hole that until quite, recently would

400
00:21:22,520 --> 00:21:26,040
Speaker 2: allow staff just check on the meeting to see what's

401
00:21:26,080 --> 00:21:29,240
Speaker 2: going on in. There make sure You president's all, right

402
00:21:29,240 --> 00:21:30,760
Speaker 2: you're going to walk, in you know what you're walking in.

403
00:21:30,800 --> 00:21:35,240
Speaker 2: On trump has blocked the peep hole with new. Mirrors

404
00:21:36,000 --> 00:21:39,520
Speaker 2: if the door is now closed that you see next

405
00:21:39,520 --> 00:21:43,040
Speaker 2: to the fireplace, there they cannot see what is happening

406
00:21:43,040 --> 00:21:45,280
Speaker 2: in the. Room what do you make of all the

407
00:21:45,400 --> 00:21:50,840
Speaker 2: changes and the optics of a Gilded oval, office which

408
00:21:50,920 --> 00:21:55,679
Speaker 2: was at one time a very, simple, minimalist stately oval.

409
00:21:55,720 --> 00:21:57,439
Speaker 3: Office, lisa has it been?

410
00:21:57,440 --> 00:22:01,960
Speaker 12: Improved, JOE i have been Visiting trump properties for as

411
00:22:02,000 --> 00:22:04,560
Speaker 12: long AS i can. Remember don't FORGET i grew up

412
00:22:04,600 --> 00:22:06,480
Speaker 12: In New jersey, politics where we spent a lot of

413
00:22:06,480 --> 00:22:09,440
Speaker 12: time in the casinos Of Atlantic. CITY i have been

414
00:22:09,480 --> 00:22:12,080
Speaker 12: to his properties in a variety of places all across the,

415
00:22:12,119 --> 00:22:15,080
Speaker 12: Country New York, city they all look like.

416
00:22:15,119 --> 00:22:15,840
Speaker 6: This this is his.

417
00:22:16,000 --> 00:22:19,080
Speaker 12: Style he is a real estate, guy and so while

418
00:22:19,119 --> 00:22:20,800
Speaker 12: some of us turn up our nose and think it's

419
00:22:20,840 --> 00:22:24,199
Speaker 12: a little bit over the, top it is precisely his

420
00:22:24,320 --> 00:22:27,639
Speaker 12: style and precisely what you could expect from. Him and

421
00:22:27,720 --> 00:22:31,359
Speaker 12: perhaps the mirrors are just part of the, decor but also,

422
00:22:31,440 --> 00:22:34,040
Speaker 12: too you, know it's the preference of the, president and

423
00:22:34,080 --> 00:22:36,639
Speaker 12: SO i suspect that that's probably what has happened. Here

424
00:22:36,920 --> 00:22:40,000
Speaker 12: but if you've ever been visited A trump, property the

425
00:22:40,040 --> 00:22:43,879
Speaker 12: mirrors and the gilded the gildedness is very much on

426
00:22:44,080 --> 00:22:44,919
Speaker 12: brand for this.

427
00:22:45,040 --> 00:22:49,320
Speaker 2: President thirty seconds, Left, genie are you Surprised Donald trump's

428
00:22:49,320 --> 00:22:50,520
Speaker 2: the first president to block the?

429
00:22:50,560 --> 00:22:55,080
Speaker 11: People, No And i'm not surprised it's with a, mirror

430
00:22:55,080 --> 00:22:57,520
Speaker 11: because how else can he see more of, Himself, joe

431
00:22:57,800 --> 00:23:02,400
Speaker 11: unless he's got more mirrors so that, Up so more

432
00:23:02,520 --> 00:23:03,000
Speaker 11: mirror is the.

433
00:23:03,080 --> 00:23:06,280
Speaker 2: BETTER i wasn't trying to set you up like. THAT

434
00:23:06,400 --> 00:23:08,760
Speaker 2: i am surprised that another president before now did not

435
00:23:08,840 --> 00:23:12,280
Speaker 2: block the. People great, conversation you, two and thank you

436
00:23:12,320 --> 00:23:14,119
Speaker 2: so much for spending part of Your Christmas eve with.

437
00:23:14,240 --> 00:23:15,560
Speaker 3: Us there's only One Genie.

438
00:23:15,600 --> 00:23:18,480
Speaker 2: Shanze No Bloomberg politics Contributor, genie thank, you And i'm

439
00:23:18,520 --> 00:23:20,879
Speaker 2: so happy That Lisa Kumuso miller could be with, us

440
00:23:20,880 --> 00:23:21,440
Speaker 2: Our republican.

441
00:23:21,480 --> 00:23:23,719
Speaker 3: Strategist Merry christmas to you.

442
00:23:23,800 --> 00:23:27,400
Speaker 1: Both you're listening to The Bloomberg balance Of power. Podcast

443
00:23:27,640 --> 00:23:31,000
Speaker 1: catch us live weekdays at noon and five Pm eastern On,

444
00:23:31,119 --> 00:23:34,320
Speaker 1: Apple cockway And Android otto with The Bloomberg business. App

445
00:23:34,400 --> 00:23:37,400
Speaker 1: you can also listen live On Amazon alexa from our

446
00:23:37,440 --> 00:23:41,560
Speaker 1: Flagship New york Station Just Say alexa Played bloomberg eleven.

447
00:23:41,680 --> 00:23:45,760
Speaker 2: Thirty President, trump of, course by the, way he did

448
00:23:45,800 --> 00:23:48,520
Speaker 2: Tweet Merry christmas or put it on Truth social all.

449
00:23:48,560 --> 00:23:53,760
Speaker 2: Caps it was twelve forty a. M, yes indeed twas

450
00:23:53,800 --> 00:23:58,879
Speaker 2: the night Before, christmas and all through the house not

451
00:23:58,960 --> 00:23:59,879
Speaker 2: a creature.

452
00:23:59,560 --> 00:24:02,399
Speaker 3: Was stirring except for The president's.

453
00:24:02,440 --> 00:24:07,280
Speaker 2: MOUSE i stole that From Ed, duffner knowing that The

454
00:24:07,320 --> 00:24:11,520
Speaker 2: president has not been projecting a message of abundance on

455
00:24:11,560 --> 00:24:12,439
Speaker 2: This christmas.

456
00:24:12,440 --> 00:24:17,480
Speaker 3: Holiday quite the. Opposite, listen they.

457
00:24:16,800 --> 00:24:19,560
Speaker 10: Gave you high, prices they gave you the highest inflation in,

458
00:24:19,720 --> 00:24:22,359
Speaker 10: history and we're giving you we're bringing those prices down.

459
00:24:22,440 --> 00:24:25,640
Speaker 10: Rapidly so, oh here's what realized. Prices prices are coming

460
00:24:25,720 --> 00:24:29,000
Speaker 10: down very. Substantially but they have a new. Word you,

461
00:24:29,040 --> 00:24:31,280
Speaker 10: know they always have a. Hoax the new word is.

462
00:24:31,400 --> 00:24:35,240
Speaker 3: AFFORDABILITY i have no higher priority.

463
00:24:34,680 --> 00:24:37,480
Speaker 10: Than Making america affordable. Again you can give up certain,

464
00:24:37,480 --> 00:24:41,240
Speaker 10: Products you can give up. Pencils you don't need thirty

465
00:24:41,280 --> 00:24:42,199
Speaker 10: seven dollars for your.

466
00:24:42,280 --> 00:24:43,720
Speaker 3: Daughter two or three is.

467
00:24:43,800 --> 00:24:47,560
Speaker 2: Nice you don't need thirty seven dollars for your. Daughter

468
00:24:49,280 --> 00:24:53,199
Speaker 2: maybe they'll just be two under the tree. Tomorrow so

469
00:24:53,640 --> 00:24:58,560
Speaker 2: when we wanted to get into this topic, today when

470
00:24:58,640 --> 00:25:01,359
Speaker 2: Producer matt asked, me who would you want to talk

471
00:25:01,440 --> 00:25:04,919
Speaker 2: to about? That you can have, anybody we didn't have

472
00:25:05,000 --> 00:25:07,400
Speaker 2: to think about it very. Long how do we Get

473
00:25:07,440 --> 00:25:10,119
Speaker 2: Frank luntz on the air is always the question in the.

474
00:25:10,119 --> 00:25:13,840
Speaker 2: Newsroom Then matt makes it, happen and here he is,

475
00:25:13,880 --> 00:25:18,199
Speaker 2: now of, course the famed politics and communications Consultant POLSTER

476
00:25:18,359 --> 00:25:22,240
Speaker 2: ceo of fil a man who can speak to the

477
00:25:22,320 --> 00:25:25,560
Speaker 2: conscience Of americans in a way that most people. Cannot Frank,

478
00:25:25,640 --> 00:25:31,000
Speaker 2: lunz welcome back To. Bloomberg Happy Christmas. Eve how do

479
00:25:31,080 --> 00:25:36,440
Speaker 2: you get to this contrast with a billionaire president who's

480
00:25:36,440 --> 00:25:39,320
Speaker 2: building this massive ballroom and is playing golf In Palm

481
00:25:39,320 --> 00:25:43,600
Speaker 2: beach right, now as we speak not broadcasting a message

482
00:25:43,600 --> 00:25:45,800
Speaker 2: of abundance with the stock market at an all time,

483
00:25:45,880 --> 00:25:49,399
Speaker 2: high but in fact telling people almost Like Jimmy, carter

484
00:25:49,800 --> 00:25:52,960
Speaker 2: to put on a, sweater turn the heat. Down Frank,

485
00:25:53,040 --> 00:25:54,959
Speaker 2: lunz you don't need all those, dolls and you can

486
00:25:55,000 --> 00:25:58,680
Speaker 2: give up. Pencils what do voters make of that message.

487
00:26:00,080 --> 00:26:02,880
Speaker 6: Bested? Times it's the worst of, times and a lot

488
00:26:02,880 --> 00:26:05,400
Speaker 6: of it depends on who you voted. For we used

489
00:26:05,440 --> 00:26:08,720
Speaker 6: to divide by income and, education then be divided by

490
00:26:08,800 --> 00:26:12,040
Speaker 6: race and, ethnicity and now we're dividing by whether We're

491
00:26:12,040 --> 00:26:15,480
Speaker 6: democrats Or, republicans whether we voted for or Against Donald.

492
00:26:15,480 --> 00:26:19,120
Speaker 6: Trump for the people who voted For Donald, trump these

493
00:26:19,119 --> 00:26:22,120
Speaker 6: are the best of. Times even those who are economically

494
00:26:22,200 --> 00:26:24,720
Speaker 6: challenged believe that things will get, better and they have

495
00:26:24,760 --> 00:26:28,240
Speaker 6: faith and confidence and for. President for those who voted against,

496
00:26:28,280 --> 00:26:32,240
Speaker 6: him as he himself says he could cure, cancer and

497
00:26:32,280 --> 00:26:35,280
Speaker 6: they still won't give him a. Break live In america,

498
00:26:35,320 --> 00:26:39,640
Speaker 6: today that's hopelessly, divided that's polarized beyond anything we've seen

499
00:26:39,960 --> 00:26:44,760
Speaker 6: since the nineteen late nineteen. Sixties it's become toxic that

500
00:26:44,800 --> 00:26:47,720
Speaker 6: we now that it's actually become more important than our.

501
00:26:47,760 --> 00:26:51,920
Speaker 6: Religion our faith has become our, politics and that is

502
00:26:52,040 --> 00:26:57,239
Speaker 6: as divisive and polarizing as it can possibly. Be so

503
00:26:57,280 --> 00:27:00,160
Speaker 6: it's hard for me to give you an overall asses

504
00:27:00,960 --> 00:27:03,600
Speaker 6: because it depends on where you sit and how you.

505
00:27:03,720 --> 00:27:07,919
Speaker 2: Vote that's, right and that is why it's so difficult for,

506
00:27:08,000 --> 00:27:11,520
Speaker 2: PEOPLE i guess to find common ground in so many.

507
00:27:11,560 --> 00:27:14,440
Speaker 2: Cases on this, holiday you, know there are folks who

508
00:27:14,480 --> 00:27:16,879
Speaker 2: are nervous about going To christmas dinner with the. Family,

509
00:27:17,000 --> 00:27:19,280
Speaker 2: Frank i'm sure you talk to a lot of people

510
00:27:19,320 --> 00:27:20,840
Speaker 2: like this because they don't know what's going to come

511
00:27:20,880 --> 00:27:23,960
Speaker 2: up at the. Table this brings us back to that

512
00:27:24,600 --> 00:27:27,080
Speaker 2: contrast that we felt in the first. Term AND i

513
00:27:27,119 --> 00:27:28,840
Speaker 2: would love to just go back a year with you

514
00:27:29,760 --> 00:27:32,119
Speaker 2: and have you walk us through the evolution that this

515
00:27:33,320 --> 00:27:36,440
Speaker 2: president and this administration has. Experienced remembering a year ago

516
00:27:36,560 --> 00:27:39,399
Speaker 2: him being swept into office with one of the most

517
00:27:39,440 --> 00:27:45,159
Speaker 2: remarkable and unlikely political comebacks In american. History we saw the,

518
00:27:45,240 --> 00:27:48,000
Speaker 2: hiring of course of his, staff the placement of his,

519
00:27:48,119 --> 00:27:51,560
Speaker 2: cabinet and over the course of this, year we've seen

520
00:27:51,640 --> 00:27:56,880
Speaker 2: prices remain extremely. Stubborn we've seen the volatility around his tariff,

521
00:27:56,880 --> 00:28:00,159
Speaker 2: regime and we're capping this year with the release so

522
00:28:00,240 --> 00:28:04,640
Speaker 2: The epstein, files that seems to be overshadowing, everything including

523
00:28:04,680 --> 00:28:08,480
Speaker 2: this massive increase in healthcare premiums Because congress can't seem

524
00:28:08,640 --> 00:28:13,080
Speaker 2: to get anything. Done is there buyer's remorse inside This White?

525
00:28:13,080 --> 00:28:17,880
Speaker 6: House let's be. Fair i've also seen the solving not

526
00:28:17,920 --> 00:28:21,159
Speaker 6: putting a band aid on, immigration but actually solving the

527
00:28:21,160 --> 00:28:23,760
Speaker 6: problems of the, border and that's one of the issues

528
00:28:23,760 --> 00:28:24,760
Speaker 6: That Donald trump ran.

529
00:28:24,800 --> 00:28:24,879
Speaker 3: On.

530
00:28:25,520 --> 00:28:27,800
Speaker 6: Now the danger for somebody like me is that IF

531
00:28:27,800 --> 00:28:33,440
Speaker 6: i say something positive points to a sixth that everyone

532
00:28:33,520 --> 00:28:35,800
Speaker 6: AND i have them in my head As i'm thinking

533
00:28:36,000 --> 00:28:38,920
Speaker 6: about What i'm going to answer, you and they're all

534
00:28:39,000 --> 00:28:41,400
Speaker 6: going to, Say, oh he's A trump apologist or he's

535
00:28:41,440 --> 00:28:47,520
Speaker 6: A trump. Royalist and IF i challenge him on, inflation on,

536
00:28:47,600 --> 00:28:51,160
Speaker 6: affordability all The trump people will see this and they'll, Say,

537
00:28:51,200 --> 00:28:54,040
Speaker 6: ah you can't give him a. Break you're just challenging.

538
00:28:54,120 --> 00:28:57,320
Speaker 6: Him you're just hostile to. Him in the, end the

539
00:28:57,320 --> 00:28:59,840
Speaker 6: reason Why bloomberg is so important is that you don't

540
00:28:59,880 --> 00:29:03,240
Speaker 6: have a. Choice you have to tell the. Truth people

541
00:29:03,280 --> 00:29:06,200
Speaker 6: make decisions based on what they hear from your show

542
00:29:06,280 --> 00:29:09,040
Speaker 6: and the other shows on the, network and those decisions

543
00:29:09,080 --> 00:29:11,720
Speaker 6: determine whether or not they have an economically great year

544
00:29:12,000 --> 00:29:14,960
Speaker 6: or bad. Year and so we have to be. Honest

545
00:29:14,960 --> 00:29:17,040
Speaker 6: and here's the, problem the thing that bothers me the

546
00:29:17,040 --> 00:29:19,760
Speaker 6: most at the end of twenty twenty, five it is

547
00:29:19,840 --> 00:29:23,640
Speaker 6: so hard to tell the truth and to do so

548
00:29:24,280 --> 00:29:27,080
Speaker 6: and be backed by people who watch shows like, this

549
00:29:27,800 --> 00:29:30,680
Speaker 6: because in the, end The american people don't want to be,

550
00:29:30,840 --> 00:29:34,240
Speaker 6: informed they want to be. Affirmed AND i hope that

551
00:29:34,600 --> 00:29:38,680
Speaker 6: that's not the case with The bloomberg. Viewer because there

552
00:29:38,680 --> 00:29:40,920
Speaker 6: are good marks for the president and there are bad,

553
00:29:40,960 --> 00:29:44,120
Speaker 6: marks and both of them are. Correct there are successes

554
00:29:44,120 --> 00:29:46,800
Speaker 6: and there are, failures just as In, america we have

555
00:29:46,840 --> 00:29:49,680
Speaker 6: our own successes and our own. Failures make the. Mistake

556
00:29:50,400 --> 00:29:54,680
Speaker 6: there are a significant number Of americans fifty five, percent

557
00:29:55,360 --> 00:29:58,320
Speaker 6: more than, half who in some way live paycheck to

558
00:29:58,400 --> 00:30:02,040
Speaker 6: paychecked every week or every every, month struggling to pay their.

559
00:30:02,040 --> 00:30:07,960
Speaker 6: Bills there's one third Of americans who cannot afford a

560
00:30:08,000 --> 00:30:13,000
Speaker 6: five hundred dollars emergency. Bill and there's forty five percent

561
00:30:13,040 --> 00:30:17,680
Speaker 6: Of americans who cannot afford a five thousand dollars Emergency

562
00:30:18,600 --> 00:30:22,280
Speaker 6: that's not a country that's sleeping well at. Night that's

563
00:30:22,400 --> 00:30:26,479
Speaker 6: not a country that feels comfortable with the, future and

564
00:30:26,520 --> 00:30:29,959
Speaker 6: it's our, responsibility yours and, mine to tell the truth

565
00:30:30,200 --> 00:30:33,800
Speaker 6: because if we, do that's how you solve the, challenges

566
00:30:34,160 --> 00:30:36,760
Speaker 6: and to accept that people have to learn to work

567
00:30:36,800 --> 00:30:40,360
Speaker 6: together side by side to get these things. Done.

568
00:30:40,560 --> 00:30:44,160
Speaker 2: WELL i love that answer on so many, Levels, frank

569
00:30:44,240 --> 00:30:48,560
Speaker 2: because IF i ask you about stubborn, inflation it will

570
00:30:48,560 --> 00:30:52,520
Speaker 2: be assumed THAT i am only given the president a hard.

571
00:30:52,560 --> 00:30:56,160
Speaker 2: Time Right IF i ask you about the success at the,

572
00:30:56,200 --> 00:30:59,840
Speaker 2: border we have the same, thing a mirror image of.

573
00:30:59,840 --> 00:31:02,000
Speaker 2: You IF i ask you about, that THEN i will

574
00:31:02,040 --> 00:31:06,240
Speaker 2: be accused of defending the. President when did we get

575
00:31:06,280 --> 00:31:10,440
Speaker 2: to this space in? Time does this predate the First

576
00:31:11,400 --> 00:31:13,760
Speaker 2: trump term or it's since social?

577
00:31:13,880 --> 00:31:16,920
Speaker 3: Media more than, that it's hyper right.

578
00:31:16,960 --> 00:31:18,880
Speaker 6: Now AND i want to go back to healthcare because

579
00:31:18,920 --> 00:31:21,280
Speaker 6: that's Something i've been studying over the last few. Weeks

580
00:31:22,040 --> 00:31:25,400
Speaker 6: it doesn't matter what the solution is THAT i read

581
00:31:25,440 --> 00:31:27,600
Speaker 6: in the media AND i see in the media right

582
00:31:27,600 --> 00:31:30,160
Speaker 6: now that the issue is whether or not they continue

583
00:31:30,200 --> 00:31:34,800
Speaker 6: the price, supports they continue the subsidies For, Obamacare and

584
00:31:34,840 --> 00:31:37,360
Speaker 6: that's not the. Point it's not whether or not you

585
00:31:37,400 --> 00:31:41,960
Speaker 6: agree or disagree with a specific policy it's whether your

586
00:31:42,120 --> 00:31:45,560
Speaker 6: solutions are better able to bring costs, down to make

587
00:31:45,640 --> 00:31:49,480
Speaker 6: things more, affordable and most, importantly to make health care less.

588
00:31:49,560 --> 00:31:54,080
Speaker 6: Expensive The president is, correct AND i will emphasize this

589
00:31:54,920 --> 00:31:57,760
Speaker 6: that he is correct when he says that the public

590
00:31:57,840 --> 00:32:01,800
Speaker 6: desperately needs support and then in the end they trust

591
00:32:02,000 --> 00:32:06,200
Speaker 6: the individual more than you trust either the government or

592
00:32:06,240 --> 00:32:09,840
Speaker 6: the health insurance. Companies we're ending this year with both

593
00:32:09,880 --> 00:32:15,720
Speaker 6: of them being demonized legitimately for high, prices and he's,

594
00:32:15,960 --> 00:32:20,080
Speaker 6: suggesting though the message is not getting, through that he's

595
00:32:20,120 --> 00:32:22,480
Speaker 6: suggesting that it's far better for the, government whatever it's

596
00:32:22,520 --> 00:32:25,360
Speaker 6: going to, do to give it to the, individual than

597
00:32:25,400 --> 00:32:27,640
Speaker 6: it is to hand it over to the government or

598
00:32:27,680 --> 00:32:30,400
Speaker 6: hand it over to the health insurance. Companies so that's

599
00:32:30,440 --> 00:32:34,400
Speaker 6: where the present is. Right The president is wrong on,

600
00:32:34,760 --> 00:32:38,680
Speaker 6: dismissing on calling it a, hoax because if you can't afford,

601
00:32:38,800 --> 00:32:42,600
Speaker 6: eggs or you can't afford, meat if you can't afford

602
00:32:42,800 --> 00:32:44,440
Speaker 6: the house she wants to live, in or as we

603
00:32:44,480 --> 00:32:49,320
Speaker 6: talk about, insurance either healthcare or, otherwise they aren't affordable to.

604
00:32:49,360 --> 00:32:52,320
Speaker 6: You no matter what he, says it's still a, fact

605
00:32:52,920 --> 00:32:57,320
Speaker 6: because in the, end it's about, perception not. Reality so

606
00:32:57,400 --> 00:33:00,360
Speaker 6: HERE i praised him for health. Care i've challenged him

607
00:33:00,480 --> 00:33:03,200
Speaker 6: on the word of affordability because he really needs to

608
00:33:03,320 --> 00:33:07,040
Speaker 6: change his hostility to. It it's how The americans. Communicate

609
00:33:07,840 --> 00:33:12,719
Speaker 6: so in the, end our objective is to make a,

610
00:33:12,800 --> 00:33:17,320
Speaker 6: meaningful measurable. Difference is to improve not just quality of

611
00:33:17,360 --> 00:33:21,040
Speaker 6: life but also standard of, living because both of them.

612
00:33:21,080 --> 00:33:23,680
Speaker 6: Matter and in the, end the only thing that's going

613
00:33:23,760 --> 00:33:27,080
Speaker 6: to work is if they start In, washington if they,

614
00:33:27,160 --> 00:33:32,240
Speaker 6: STOP i should say these endless fights and learn how

615
00:33:32,240 --> 00:33:35,120
Speaker 6: to cooperate and. Compromise and compromise is a bad, word

616
00:33:35,480 --> 00:33:38,800
Speaker 6: so maybe you should just stick with. Cooperate but it's

617
00:33:38,920 --> 00:33:41,440
Speaker 6: up to them to make a, difference stop blaming each,

618
00:33:41,480 --> 00:33:43,360
Speaker 6: other and start solving the. Problems.

619
00:33:44,600 --> 00:33:47,440
Speaker 2: COOPERATION i think we learned about that On Sesame. Street,

620
00:33:47,960 --> 00:33:50,120
Speaker 2: frank it's great to see. YOU i really appreciate. IT

621
00:33:50,200 --> 00:33:52,000
Speaker 2: i know that you're up At West, point AND i

622
00:33:52,000 --> 00:33:53,920
Speaker 2: hope that everything is well with the people close to,

623
00:33:53,960 --> 00:33:56,520
Speaker 2: you that the cadets are, well and that you have

624
00:33:56,600 --> 00:33:59,160
Speaker 2: a healthy twenty twenty six in front of. You Frank

625
00:33:59,200 --> 00:34:02,360
Speaker 2: luntz with us many thanks for all the insights over

626
00:34:02,400 --> 00:34:04,960
Speaker 2: the course of the last year here On Bloomberg.

627
00:34:04,480 --> 00:34:08,000
Speaker 3: We've been through a lot this. Year stay with us

628
00:34:08,080 --> 00:34:10,600
Speaker 3: On balance Of. Power we'll have much more coming up after.

629
00:34:10,640 --> 00:34:17,200
Speaker 1: This you're listening to The Bloomberg balance Of power. Podcast

630
00:34:17,440 --> 00:34:20,560
Speaker 1: catch us live weekdays at noon and five Pm eastern

631
00:34:20,719 --> 00:34:23,880
Speaker 1: On Apple cocklay And Android auto with The Bloomberg Business.

632
00:34:23,880 --> 00:34:27,000
Speaker 1: App you can also listen live On Amazon alexa from

633
00:34:27,040 --> 00:34:31,400
Speaker 1: our Flagship New york, Station Just Say alexa Played bloomberg eleven.

634
00:34:31,480 --> 00:34:36,640
Speaker 2: Thirty big questions about what might happen In. Venezuela, well

635
00:34:36,719 --> 00:34:39,960
Speaker 2: we're not paying as close attention On. Christmas of, course

636
00:34:40,840 --> 00:34:43,799
Speaker 2: there's always folks paying attention to The bloomberg. Newsroom but

637
00:34:43,840 --> 00:34:46,799
Speaker 2: With america paying more attention to the, holiday friends and,

638
00:34:46,880 --> 00:34:51,160
Speaker 2: family it's an opportunity to do some. Things maybe we'll

639
00:34:51,160 --> 00:34:54,000
Speaker 2: get Another epstein file. Dump we know that that will

640
00:34:54,040 --> 00:34:56,920
Speaker 2: continue coming for at least another week with seven hundred

641
00:34:57,000 --> 00:35:00,239
Speaker 2: thousand more. Pages and we also know that we have

642
00:35:00,280 --> 00:35:03,040
Speaker 2: been moving more troops and material into The.

643
00:35:03,080 --> 00:35:05,960
Speaker 3: Caribbean the question is.

644
00:35:06,000 --> 00:35:11,520
Speaker 2: Why talked about the motivations behind the administration's policy in

645
00:35:11,520 --> 00:35:15,320
Speaker 2: The caribbean yesterday With Jake, auchinclaus The Democratic Congressman Marine

646
00:35:15,320 --> 00:35:18,800
Speaker 2: corps combat veteran who served In panama for a, spell

647
00:35:18,840 --> 00:35:21,840
Speaker 2: helping to Train panama security FOR uss on drug, interdiction

648
00:35:21,920 --> 00:35:25,080
Speaker 2: working with The, colombians and so he knows about an

649
00:35:25,080 --> 00:35:27,480
Speaker 2: operation like, this and when we hear ABOUT v twenty

650
00:35:27,480 --> 00:35:33,799
Speaker 2: TWO'S c seventeen's bringing even more potential strength to the,

651
00:35:33,840 --> 00:35:37,000
Speaker 2: region the question is whether we're on the march to

652
00:35:37,040 --> 00:35:40,800
Speaker 2: war and it might not, matter according to The, congressman

653
00:35:40,840 --> 00:35:46,759
Speaker 2: if that's what the administration is aiming. At sometimes you

654
00:35:46,800 --> 00:35:50,279
Speaker 2: can sleepwalk into a scenario that you can't get yourself out.

655
00:35:50,320 --> 00:35:51,120
Speaker 3: Of here's how he put.

656
00:35:51,160 --> 00:35:57,200
Speaker 13: It there is a way to responsibly try to manage

657
00:35:57,440 --> 00:36:00,880
Speaker 13: regime change In venezuela to Support mikado Over, maduro And

658
00:36:00,920 --> 00:36:03,640
Speaker 13: maduro absolutely is a tyrant who has emserated as. People

659
00:36:03,880 --> 00:36:05,960
Speaker 13: there is a way to ensure that The chinese cannot

660
00:36:06,000 --> 00:36:09,040
Speaker 13: exploit those oil, reserves that The iranians And russians cannot

661
00:36:09,040 --> 00:36:11,560
Speaker 13: exploit those oil, reserves but rather that they are used

662
00:36:11,800 --> 00:36:14,320
Speaker 13: for the benefit of The venezuelan, people of The Latin american.

663
00:36:14,360 --> 00:36:16,319
Speaker 3: People but this is not the way to do.

664
00:36:16,360 --> 00:36:19,359
Speaker 13: That what this is is sleepwalking in to the same

665
00:36:19,440 --> 00:36:20,680
Speaker 13: kind of mistake That GEORGE.

666
00:36:20,760 --> 00:36:24,720
Speaker 3: W bush made In. Iraq sleepwalking into.

667
00:36:24,760 --> 00:36:28,040
Speaker 2: War it's where we start our conversation With. Denver riggleman

668
00:36:28,120 --> 00:36:30,919
Speaker 2: been looking forward to Seeing. Denver it's been a. While

669
00:36:31,040 --> 00:36:34,880
Speaker 2: Former republican congressman of course From VIRGINIA Us Air Force,

670
00:36:35,000 --> 00:36:38,960
Speaker 2: intelligence now THE ceo of the. Company Rig, denver welcome

671
00:36:39,000 --> 00:36:41,720
Speaker 2: back To bloomberg And Merry Christmas.

672
00:36:41,760 --> 00:36:44,080
Speaker 3: Eve broadly, speaking.

673
00:36:43,719 --> 00:36:45,920
Speaker 2: AND i want to ask, you with your special ops

674
00:36:45,960 --> 00:36:49,040
Speaker 2: background and your background and, INTELLIGENCE i.

675
00:36:49,040 --> 00:36:51,239
Speaker 3: Want to ask you about what you think this most

676
00:36:51,239 --> 00:36:52,359
Speaker 3: recent deployment is all.

677
00:36:52,400 --> 00:36:56,560
Speaker 2: About but do you agree With Congressman auchincloss who used

678
00:36:56,560 --> 00:36:58,759
Speaker 2: the term yesterday blood for?

679
00:36:58,880 --> 00:37:03,719
Speaker 3: Oil is that why we're? There, well you know what

680
00:37:03,840 --> 00:37:06,960
Speaker 3: a good easy question to start. With thank. YOU i tell,

681
00:37:07,000 --> 00:37:11,680
Speaker 3: You harry christ we some light, Programming. Denver there's A lfe.

682
00:37:11,719 --> 00:37:12,640
Speaker 3: PROGRAMMING i love.

683
00:37:12,640 --> 00:37:15,560
Speaker 9: It you know WHEN i was listening To jake in that,

684
00:37:15,600 --> 00:37:18,520
Speaker 9: comment And i'm looking at what's going on In. Venezuela

685
00:37:18,560 --> 00:37:21,000
Speaker 9: first of, all you have to start looking at the

686
00:37:21,080 --> 00:37:23,160
Speaker 9: reasons why it might. Happen and when you're looking at

687
00:37:23,200 --> 00:37:26,640
Speaker 9: the reasons the administration is using the reasons that they're

688
00:37:26,719 --> 00:37:29,200
Speaker 9: using simply like you know these are you, know drug

689
00:37:29,280 --> 00:37:32,880
Speaker 9: runners were stopping you know this amazingly. Awful you, know

690
00:37:33,000 --> 00:37:35,960
Speaker 9: drug running into The United. States there's a lot of

691
00:37:36,000 --> 00:37:38,440
Speaker 9: countries that are a lot. Worse and when you're looking At,

692
00:37:38,560 --> 00:37:40,480
Speaker 9: china And i'm just going over What jake said and

693
00:37:40,520 --> 00:37:42,160
Speaker 9: once you talked about the, Beginning, joe when you're looking

694
00:37:42,200 --> 00:37:44,600
Speaker 9: At china and you're looking At Belton, road there's some

695
00:37:44,640 --> 00:37:48,680
Speaker 9: countries that they have much MORE i would say penetration

696
00:37:48,800 --> 00:37:52,400
Speaker 9: into when you're looking At, Argentina, Peru, panama right and

697
00:37:52,400 --> 00:37:55,240
Speaker 9: NOW i was there in twenty twenty, twenty nineteen twenty

698
00:37:55,280 --> 00:37:59,560
Speaker 9: twenty on a congressional delegation looking At Belton road challenges for.

699
00:37:59,640 --> 00:38:04,319
Speaker 9: Trade So i'm pretty familiar With South. America probably too.

700
00:38:04,320 --> 00:38:07,160
Speaker 9: Familiar i'm very familiar With South. America so when you're

701
00:38:07,160 --> 00:38:09,080
Speaker 9: looking at this blood, foil the only thing when you

702
00:38:09,080 --> 00:38:11,520
Speaker 9: start looking at the reasons that this is oil, based

703
00:38:12,440 --> 00:38:15,120
Speaker 9: because they are not the primary threat when it comes

704
00:38:15,160 --> 00:38:17,719
Speaker 9: to drug trafficking in any, WAY i would say they're

705
00:38:17,760 --> 00:38:18,680
Speaker 9: not even a secondary.

706
00:38:18,719 --> 00:38:20,239
Speaker 3: Threat so that's the first.

707
00:38:20,239 --> 00:38:22,120
Speaker 9: Thing and when you're looking At, VENEZUELA i don't know

708
00:38:22,120 --> 00:38:24,839
Speaker 9: if people look at the geography Of venezuela when you're

709
00:38:24,840 --> 00:38:28,160
Speaker 9: looking at drugs coming Into. America you're looking At mexico

710
00:38:28,440 --> 00:38:32,319
Speaker 9: and you're looking at other Northern South american countries that

711
00:38:32,400 --> 00:38:36,120
Speaker 9: are much more capable and much more dangerous when it

712
00:38:36,160 --> 00:38:36,440
Speaker 9: comes to.

713
00:38:36,480 --> 00:38:38,200
Speaker 3: That SO i have to say that that's the. Fact.

714
00:38:38,280 --> 00:38:40,600
Speaker 9: Now the one THING i would disagree with is, Sleepwalking.

715
00:38:41,719 --> 00:38:45,120
Speaker 9: OKAY i think there's a difference between sleepwalking and. INCOMPETENCE

716
00:38:46,320 --> 00:38:48,919
Speaker 9: i don't think that this administration is sleepwalking at all

717
00:38:49,080 --> 00:38:49,520
Speaker 9: into his.

718
00:38:49,680 --> 00:38:53,320
Speaker 3: CONFLICT i think that they're being driven by.

719
00:38:53,239 --> 00:38:57,000
Speaker 9: Personal, incentives but also by, donors but also by certain

720
00:38:57,040 --> 00:38:59,040
Speaker 9: other things that we might not be saying that really

721
00:38:59,040 --> 00:39:02,239
Speaker 9: come down to business decisions and using the military to

722
00:39:02,320 --> 00:39:03,120
Speaker 9: enforce his business.

723
00:39:03,160 --> 00:39:04,839
Speaker 3: Decisions AND i think what.

724
00:39:04,760 --> 00:39:08,279
Speaker 9: You've seen from the administration so, FAR i think would

725
00:39:08,320 --> 00:39:11,760
Speaker 9: back that up as something as just an educated opinion

726
00:39:11,800 --> 00:39:12,600
Speaker 9: without all the.

727
00:39:12,640 --> 00:39:14,200
Speaker 3: Facts and what's going on behind the door in The

728
00:39:14,239 --> 00:39:14,720
Speaker 3: White house.

729
00:39:15,680 --> 00:39:17,879
Speaker 2: Interesting so what are we positioning for when you hear

730
00:39:17,920 --> 00:39:20,640
Speaker 2: about the assets that we sent? Down just this, week

731
00:39:20,680 --> 00:39:23,520
Speaker 2: The Wall Street journal the first to report TEN v

732
00:39:23,640 --> 00:39:26,239
Speaker 2: twenty Two osbrey tilt rotor. Aircraft you've got A c

733
00:39:26,440 --> 00:39:30,279
Speaker 2: seventeen cargo plane From Fort, Stewart Fort, campbell and you

734
00:39:30,360 --> 00:39:32,640
Speaker 2: know the units that are At Fort, Campbell Fort. Stewart

735
00:39:32,640 --> 00:39:34,759
Speaker 2: we're talking about one hundred and First Airborne, division the

736
00:39:34,760 --> 00:39:37,399
Speaker 2: seventy Fifth Ranger. Regiment why would you send them down?

737
00:39:37,400 --> 00:39:42,160
Speaker 9: There, well you, know either your saber, rattling right chess,

738
00:39:42,200 --> 00:39:46,000
Speaker 9: thumping it's a threat to get to, negotiations or you're

739
00:39:46,040 --> 00:39:49,399
Speaker 9: looking at specific. Incursions and you, Know President trump isn't

740
00:39:49,400 --> 00:39:53,120
Speaker 9: real great toe keeping classified data Right he's he's publicly

741
00:39:53,200 --> 00:39:57,920
Speaker 9: ANNOUNCED cia, involvement which mind, bogglingly you, know, INCREDIBLY i

742
00:39:57,960 --> 00:40:01,279
Speaker 9: would say ignorant to. Do BUT i think that we're

743
00:40:01,280 --> 00:40:03,960
Speaker 9: definitely saber, rattling but doing mission. Planning If i'm looking

744
00:40:04,000 --> 00:40:06,080
Speaker 9: AT c seventeen's rolling, In i'm looking at some of

745
00:40:06,080 --> 00:40:08,919
Speaker 9: those specific units that you talked about rolling in there

746
00:40:09,360 --> 00:40:12,000
Speaker 9: WITH v twenty two's also when you're looking at any

747
00:40:12,000 --> 00:40:13,960
Speaker 9: type of carrier, groups but you're also looking at we

748
00:40:14,000 --> 00:40:17,840
Speaker 9: have amazing reach when it comes to even our bomber

749
00:40:17,880 --> 00:40:21,080
Speaker 9: patterns out of The United, states in our, bases even

750
00:40:21,120 --> 00:40:24,480
Speaker 9: fighters coming out of specific. Area so really what it

751
00:40:24,480 --> 00:40:26,840
Speaker 9: comes down, To, buddy looks like it's a mission, plan,

752
00:40:27,120 --> 00:40:29,520
Speaker 9: right a joint mission plan that they're trying to execute right.

753
00:40:29,560 --> 00:40:31,440
Speaker 3: Now AND i used.

754
00:40:31,320 --> 00:40:33,000
Speaker 9: To do THIS i mission, planned as you, know that's

755
00:40:33,040 --> 00:40:35,480
Speaker 9: my background is mission, planning multiple assets to go after

756
00:40:35,520 --> 00:40:40,040
Speaker 9: targets mostly terrorists or ground forces using air. Power so

757
00:40:40,280 --> 00:40:43,200
Speaker 9: my guess, Is, buddy is that this is a joint

758
00:40:43,239 --> 00:40:45,960
Speaker 9: mission planning effort either saber. Rattling BUT i do think

759
00:40:46,000 --> 00:40:48,719
Speaker 9: they're probably pretty serious on some ground incursion at some

760
00:40:48,800 --> 00:40:49,200
Speaker 9: level Into.

761
00:40:49,239 --> 00:40:54,640
Speaker 2: Venezuela, wow that's really something potentially a, deterrent as you,

762
00:40:54,680 --> 00:41:00,560
Speaker 2: mentioned but there's a purpose. Here you mentioned The president

763
00:41:01,000 --> 00:41:06,880
Speaker 2: confirming reports of a COVERT cia operation on the ground In.

764
00:41:07,000 --> 00:41:08,040
Speaker 3: Venezuela what are they.

765
00:41:08,040 --> 00:41:11,319
Speaker 2: Doing are they mapping, targets are they doing advance work

766
00:41:11,360 --> 00:41:11,560
Speaker 2: for an?

767
00:41:11,600 --> 00:41:13,160
Speaker 3: Invasion or are they trying to prevent?

768
00:41:13,200 --> 00:41:17,560
Speaker 9: One well goodness now these are interesting questions right. There

769
00:41:18,239 --> 00:41:22,840
Speaker 9: so again an Easy christmas, Interview, JOE i tell, YOU i, think.

770
00:41:25,880 --> 00:41:27,960
Speaker 3: You, KNOW i don't want to guess what THE cia is.

771
00:41:28,000 --> 00:41:31,399
Speaker 9: DOING i probably, can BUT i think there's a few

772
00:41:31,440 --> 00:41:33,600
Speaker 9: things that you LOOK i think there's a few things.

773
00:41:33,400 --> 00:41:33,880
Speaker 3: That you can look.

774
00:41:33,960 --> 00:41:37,880
Speaker 9: At generally when you're looking at intelligence preparation of the

775
00:41:37,880 --> 00:41:41,080
Speaker 9: battlefield CALLED ipb or intelligence preparation of the battle. Space

776
00:41:41,520 --> 00:41:43,839
Speaker 9: they might have a new acronym for, that but what

777
00:41:43,880 --> 00:41:45,879
Speaker 9: you're looking is order a. Battle you're looking at other

778
00:41:45,920 --> 00:41:48,120
Speaker 9: sorts of, things, right order a battle being what their

779
00:41:48,360 --> 00:41:50,160
Speaker 9: position of their forces, are what they have on the,

780
00:41:50,200 --> 00:41:54,200
Speaker 9: ground what their geolocations, are And i'm, sorry let's use another,

781
00:41:54,200 --> 00:41:56,160
Speaker 9: word where they're actually located so we can get to.

782
00:41:56,200 --> 00:41:58,960
Speaker 9: Them but there's some other THINGS i think they're possibly,

783
00:41:58,960 --> 00:42:01,600
Speaker 9: doing especially when you're looking at you, know, money a

784
00:42:01,640 --> 00:42:01,880
Speaker 9: lot of.

785
00:42:01,880 --> 00:42:03,719
Speaker 3: Money you. KNOW i don't think people know.

786
00:42:03,760 --> 00:42:05,880
Speaker 9: This when you're going into another country and you're first,

787
00:42:05,880 --> 00:42:08,440
Speaker 9: in there's a lot of money that transacts from contractors

788
00:42:08,440 --> 00:42:11,120
Speaker 9: and things like that for food stuff and things of that,

789
00:42:11,200 --> 00:42:13,319
Speaker 9: nature but also other. Things so you, KNOW i think

790
00:42:13,360 --> 00:42:15,040
Speaker 9: that's All i'm going to talk. About but my guess

791
00:42:15,120 --> 00:42:17,680
Speaker 9: is there's a lot of things going on just besides THE.

792
00:42:17,719 --> 00:42:21,200
Speaker 2: Cia, okay so you do know Now i'm starting to,

793
00:42:21,320 --> 00:42:23,719
Speaker 2: understand all. Right by the, way this is kind of

794
00:42:23,800 --> 00:42:28,920
Speaker 2: like A trump cognitive. Test the questions get harder as you. Go,

795
00:42:29,080 --> 00:42:33,080
Speaker 2: Denver so let's talk about The epstein. Files that's sort

796
00:42:33,080 --> 00:42:35,040
Speaker 2: of a, joke BUT i am going to invoke The epstein.

797
00:42:35,080 --> 00:42:39,640
Speaker 2: File it's actually when lawmakers come back From, Washington republicans

798
00:42:39,680 --> 00:42:41,200
Speaker 2: have got a lot of stuff to deal. With it's

799
00:42:41,200 --> 00:42:44,399
Speaker 2: not just the president. Here there's massive riffs within the.

800
00:42:44,400 --> 00:42:46,640
Speaker 2: Party and you used to serve with a lot of

801
00:42:46,640 --> 00:42:49,800
Speaker 2: these same individuals when it comes to, yes The epstein,

802
00:42:49,840 --> 00:42:52,840
Speaker 2: files when it comes to war, powers the story that

803
00:42:52,840 --> 00:42:55,600
Speaker 2: we're talking about with regard To, venezuela when it comes to,

804
00:42:55,680 --> 00:42:59,960
Speaker 2: healthcare and there's a thought that this could all collide

805
00:43:00,160 --> 00:43:03,759
Speaker 2: when lawmakers return into yet another government. Shutdown what Does

806
00:43:03,800 --> 00:43:06,480
Speaker 2: Speaker johnson? Do what does The House republican leadership do

807
00:43:06,640 --> 00:43:07,279
Speaker 2: to keep that from.

808
00:43:07,320 --> 00:43:11,640
Speaker 3: Happening Speaker johnson is in an impossible. Situation he has

809
00:43:11,680 --> 00:43:12,319
Speaker 3: to do things that are.

810
00:43:12,400 --> 00:43:15,920
Speaker 9: Unethical so what you're talking about is he has to

811
00:43:15,960 --> 00:43:19,480
Speaker 9: listen to the president and try to maneuver through maybe

812
00:43:19,520 --> 00:43:22,759
Speaker 9: even you talk about, sleepwalking sleepwalking into another government, shutdown, Right,

813
00:43:22,800 --> 00:43:25,480
Speaker 9: Joe you know we have that. Too and when you

814
00:43:25,480 --> 00:43:28,520
Speaker 9: look at The epstein, files, right The epstein, files when

815
00:43:28,520 --> 00:43:30,279
Speaker 9: you look At venezuela and things of that, nature they

816
00:43:30,280 --> 00:43:32,560
Speaker 9: are there just distraction from The Epstein. Files BUT i

817
00:43:32,560 --> 00:43:34,680
Speaker 9: think that what you're having happened In maga right. Now

818
00:43:34,719 --> 00:43:37,319
Speaker 9: what he has to try to fight is the sepsis

819
00:43:38,600 --> 00:43:41,239
Speaker 9: that's seeping Into, Maga AND i think there's three things

820
00:43:41,239 --> 00:43:43,560
Speaker 9: that have happened where we are getting the first real

821
00:43:43,600 --> 00:43:46,680
Speaker 9: indications THAT maga is not only in, trouble it might

822
00:43:46,680 --> 00:43:47,240
Speaker 9: be in a flat.

823
00:43:47,280 --> 00:43:49,840
Speaker 3: SPIN i think the first thing is The epstein.

824
00:43:49,880 --> 00:43:52,480
Speaker 9: FILES i think when you see the, releases not only

825
00:43:52,520 --> 00:43:54,840
Speaker 9: how Much, TRUMP i mean the fact that he's in

826
00:43:54,880 --> 00:43:56,920
Speaker 9: there so many times so they try to redact it.

827
00:43:56,920 --> 00:44:00,880
Speaker 9: Out and the incompetence of THE doj with the redactions

828
00:44:00,880 --> 00:44:02,400
Speaker 9: where you can do a copy paste and look at the.

829
00:44:02,400 --> 00:44:04,439
Speaker 9: REDACTIONS i, mean for, Me i'm just shaking my, head,

830
00:44:04,480 --> 00:44:06,800
Speaker 9: like how could you be more? Incompetent and the stuff

831
00:44:06,800 --> 00:44:08,360
Speaker 9: they forgot to redact and then they had to.

832
00:44:08,400 --> 00:44:11,320
Speaker 3: Retract you, know it's if we can't, redact. RETRACT i

833
00:44:11,360 --> 00:44:16,480
Speaker 3: think that's the that's the new, statement right. Savvy SO i.

834
00:44:16,400 --> 00:44:18,759
Speaker 9: Think that's the one thing that's seeping in because you,

835
00:44:18,800 --> 00:44:20,920
Speaker 9: know when you're looking AT, maga you also have That

836
00:44:21,000 --> 00:44:24,279
Speaker 9: QAnon bent or that hatred of. Pedophiles even with conspiracy,

837
00:44:24,280 --> 00:44:26,800
Speaker 9: theories they're already aligned not to trust deep state or

838
00:44:26,840 --> 00:44:30,080
Speaker 9: globalist with these massive pedophile. Rings it looks Like trump's

839
00:44:30,080 --> 00:44:31,840
Speaker 9: part of. It so that's that's. Sepsis so that's the

840
00:44:31,840 --> 00:44:34,439
Speaker 9: first part of the. INFECTION i think the second part

841
00:44:34,440 --> 00:44:36,960
Speaker 9: of the affection That Mike johnson has to worry about is.

842
00:44:36,920 --> 00:44:38,040
Speaker 3: Healthcare and the.

843
00:44:38,080 --> 00:44:40,719
Speaker 9: Economy AND i think when you're looking at rates going

844
00:44:40,800 --> 00:44:42,960
Speaker 9: up through the roof for health, care you have another

845
00:44:43,000 --> 00:44:45,759
Speaker 9: piece of infection you know that's setting. In but the

846
00:44:45,800 --> 00:44:48,600
Speaker 9: third THING i THINK i think that really finalizes the

847
00:44:48,600 --> 00:44:50,799
Speaker 9: complete infection OF maga is.

848
00:44:50,920 --> 00:44:53,240
Speaker 3: War and you KNOW maga is inherently.

849
00:44:53,360 --> 00:44:57,360
Speaker 9: Nationalist so when you have these three, things The epstein, files, Healthcare,

850
00:44:57,800 --> 00:45:00,719
Speaker 9: medicaid you're talking about the, economy people not being taken care,

851
00:45:00,760 --> 00:45:04,440
Speaker 9: of and you have proactive war without the ability to

852
00:45:04,480 --> 00:45:07,920
Speaker 9: really rationalize it in any cogent. Way and you're already

853
00:45:07,960 --> 00:45:10,120
Speaker 9: saying what The trump administration has done to enrich his

854
00:45:10,239 --> 00:45:13,239
Speaker 9: family but those around. HIM i think that stepsis that

855
00:45:13,400 --> 00:45:15,479
Speaker 9: boil has, popped AND i think it's starting to puss

856
00:45:15,520 --> 00:45:17,160
Speaker 9: a little. Bit AND i think that's the issue That

857
00:45:17,200 --> 00:45:18,799
Speaker 9: Mike johnson's going to have to fight with In.

858
00:45:18,840 --> 00:45:19,720
Speaker 3: Congress.

859
00:45:20,360 --> 00:45:24,400
Speaker 2: Wow, Yeah Light Holiday fair is how we build that

860
00:45:24,800 --> 00:45:29,200
Speaker 2: Merry christmas that we're making good on It. Denver All,

861
00:45:29,320 --> 00:45:32,360
Speaker 2: right so we got to two minutes left or something like.

862
00:45:32,400 --> 00:45:33,600
Speaker 2: That what's your Favorite christmas?

863
00:45:33,680 --> 00:45:36,080
Speaker 3: Movie i'm. Serious what do you watch when you sit

864
00:45:36,120 --> 00:45:37,320
Speaker 3: down with your wife On Christmas?

865
00:45:37,360 --> 00:45:41,759
Speaker 9: Eve you know everybody says Die, hard you, know BUT

866
00:45:41,840 --> 00:45:45,200
Speaker 9: i think the Best christmas. Movie, yeah if you want

867
00:45:45,200 --> 00:45:47,080
Speaker 9: to be, cool but it's a wonderful life is the.

868
00:45:47,120 --> 00:45:49,960
Speaker 9: Best so people just need to know to take it from, me, Right.

869
00:45:50,320 --> 00:45:52,680
Speaker 9: Yeah AND i think because it actually has a. MESSAGE i,

870
00:45:52,680 --> 00:45:54,640
Speaker 9: mean you know there's other Of courser's the one they

871
00:45:54,680 --> 00:45:55,080
Speaker 9: play every.

872
00:45:55,120 --> 00:45:55,600
Speaker 3: Year what is?

873
00:45:55,640 --> 00:45:58,239
Speaker 9: It oh, GOSH i just forgot the name of the

874
00:45:58,239 --> 00:45:59,759
Speaker 9: one THAT i watch every year that was MADE a

875
00:45:59,840 --> 00:46:05,080
Speaker 9: nice need to Be SCROWGE A Wonderful, Christmas yes eighty.

876
00:46:05,080 --> 00:46:08,120
Speaker 9: THREE A christmas story, obviously, Yeah christmas. Story so there's.

877
00:46:08,120 --> 00:46:10,160
Speaker 9: That SO i think that's really a great. Movie but you,

878
00:46:10,160 --> 00:46:12,160
Speaker 9: KNOW i am a little bit worried This Christmas joe

879
00:46:12,600 --> 00:46:14,319
Speaker 9: in these last two. MINUTES i just hope they Lest

880
00:46:14,320 --> 00:46:16,239
Speaker 9: Santa claus into our. AIRSPACE i DON'T i don't know

881
00:46:16,280 --> 00:46:18,680
Speaker 9: if he's A us, Citizen So i'm a little bit

882
00:46:18,719 --> 00:46:19,759
Speaker 9: worried with the way things are.

883
00:46:19,760 --> 00:46:22,640
Speaker 3: GOING i hope Sat, okay you were just watching him

884
00:46:22,680 --> 00:46:23,280
Speaker 3: on The norad.

885
00:46:23,280 --> 00:46:25,399
Speaker 2: Feed he's out over the ocean there and he's trying

886
00:46:25,400 --> 00:46:27,640
Speaker 2: to get Around greenland And venezuela's this is.

887
00:46:27,719 --> 00:46:30,479
Speaker 3: Fraud it's a fraud journey this. Year it's a Flow

888
00:46:30,640 --> 00:46:31,360
Speaker 3: jersey right.

889
00:46:31,280 --> 00:46:33,920
Speaker 9: Now, BUDDY i tell you. WHAT i hope they have good.

890
00:46:33,960 --> 00:46:37,279
Speaker 9: Rights what are you drinking On Christmas? Eve give us

891
00:46:37,280 --> 00:46:40,360
Speaker 9: some advice at Silver Back? Distillery is it? Bourbon is

892
00:46:40,360 --> 00:46:42,239
Speaker 9: it browns or? Clear it's On Christmas? Eve what are

893
00:46:42,280 --> 00:46:45,680
Speaker 9: you pairing with? Dinner you know it's always browns On Christmas?

894
00:46:45,719 --> 00:46:47,239
Speaker 9: Eve and and the thing, IS i know a lot

895
00:46:47,239 --> 00:46:49,399
Speaker 9: of people the bourbon and straight. Rye but here's what.

896
00:46:49,320 --> 00:46:49,640
Speaker 3: You need to.

897
00:46:49,680 --> 00:46:51,640
Speaker 9: Drink This you need to drink honey rye. Whiskey you

898
00:46:51,680 --> 00:46:54,120
Speaker 9: know my wife's silver. Bag Honey rye whiskey is the

899
00:46:54,160 --> 00:46:54,800
Speaker 9: Best christmas.

900
00:46:54,840 --> 00:46:58,759
Speaker 3: TREE i need to be an. Answer he's over land, Now?

901
00:46:58,800 --> 00:46:59,520
Speaker 3: Cecie where is?

902
00:46:59,560 --> 00:47:03,040
Speaker 2: HE i can't figure out where the sleigh is right?

903
00:47:03,080 --> 00:47:04,719
Speaker 3: Now, Hey, denver it's great to see.

904
00:47:04,719 --> 00:47:07,279
Speaker 2: You thanks for Humoringgaining Christmas, eve AND i hope you

905
00:47:07,320 --> 00:47:09,719
Speaker 2: have a great. Holiday here you go To state Of,

906
00:47:09,800 --> 00:47:12,680
Speaker 2: virginia Former Republican, congress And Merry christmas to you as,

907
00:47:12,719 --> 00:47:14,880
Speaker 2: well and to you thanks for spending a couple hours

908
00:47:14,880 --> 00:47:16,920
Speaker 2: with us. Today On Bloomberg.

909
00:47:21,280 --> 00:47:23,080
Speaker 3: Thanks for listening to The balance Of power.

910
00:47:23,160 --> 00:47:26,800
Speaker 2: Podcast make sure to subscribe if you haven't, already At, Apple,

911
00:47:26,920 --> 00:47:29,920
Speaker 2: spotify or wherever you get your, podcasts and you can

912
00:47:29,960 --> 00:47:33,520
Speaker 2: find us live every weekday From, WASHINGTON dc At noontimeeastern

913
00:47:33,760 --> 00:47:34,759
Speaker 2: At bloomberg dot.

914
00:47:34,800 --> 00:47:35,200
Speaker 3: Com