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Speaker 1: Live from our nation's camera. How do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do for the United States relationship with China?

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Speaker 1: Bloomberg Sound on, the insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. We're looking at seventy Kennedys for different vactines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin's

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Speaker 1: related on Bloomberg and one oh five point seven FM

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Speaker 1: HD two. Democratic presidential nominee Joe Biden back on the

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Speaker 1: campaign trail, he says, By American and Bob Woodward's new

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Speaker 1: book Jump Starts really shakes up campaign. We're gonna give

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Speaker 1: you all of that, plus some developments in terms of policy,

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Speaker 1: and an exclusive interview with Senator Marsha Blackburn, and we're

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Speaker 1: going to talk about the humanities. Lots to get through

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Speaker 1: all encompassing program. Bob Woodward back in the news. The

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Speaker 1: book is called Rage, and he's got the audio tapes

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Speaker 1: from a series of interviews that he conducted with President

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Speaker 1: Trump at the end of last year, all throughout the

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Speaker 1: early parts of the pandemic. The quote in question, I

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Speaker 1: want to play it for you now, and we have

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Speaker 1: it in our executive producer Christine Barratt to just put

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Speaker 1: the verb it as it's called in the chat. The

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Speaker 1: quote in question is about him saying why he wanted

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Speaker 1: to downplay the coronavirus pandemic. He said, I always wanted

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Speaker 1: to play it down. Let's roll the tape of President

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Speaker 1: Trump and what he told Bob Woodward. Fact is, I'm

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Speaker 1: a cheerleader for this country. I love our country, and

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Speaker 1: I don't want people to be frightened. I don't want

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Speaker 1: to create panic, as you say, and certainly I'm not

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Speaker 1: going to drive this country or the world into a frenzy.

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Speaker 1: We want to show confidence, we want to show strength,

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Speaker 1: we want to show strengthen as a nation. And that's

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Speaker 1: what I've done, and we've done very well. And that

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Speaker 1: was President Trump speaking earlier today out of press conference

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Speaker 1: about these audio tapes from his conversations over a series

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Speaker 1: of interviews with Bob Woodward. Here to dissect all of

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Speaker 1: this information is the Bloomberg Washington Bureau Chief Craig Gordon Craig,

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Speaker 1: welcome back to the program. And you know, how will

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Speaker 1: this impact look? I think for a lot of people

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Speaker 1: who have had questions about Donald Trump's handling of coronavirus

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Speaker 1: and the Pole show a majority of Americans don't think

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Speaker 1: he did a very good job, this really does sort

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Speaker 1: of bolsted the case that Trump all along these The

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Speaker 1: phone call in question dates back to February seventh. There

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Speaker 1: was another call in March where Trump, you know, reportedly

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Speaker 1: and we you know there are audio tapes of this,

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Speaker 1: tell Bob Woodward that he he knew the virus was

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Speaker 1: very serious. He says, you know, you could spread it

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Speaker 1: through the air. That's that's so hard to that's so

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Speaker 1: hard to fight. But when he stood at the White

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Speaker 1: House podium day after day, and we all remember watching

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Speaker 1: those coronavirus briefings around that time, he made it sound

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Speaker 1: like it's just like the flu. It will go away

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Speaker 1: in the summer heat. You know, we don't have to

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Speaker 1: worry about it. And so I think for people who

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Speaker 1: already have questions about how Trump handled that that virus,

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Speaker 1: this is just fresh evidence that he really was saying

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Speaker 1: one thing in private and saying a very different thing

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Speaker 1: in public. As he tried to downplay the seriousness of

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Speaker 1: the disease, you know, and it is. It is interesting

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Speaker 1: because at the same time, in those tones back in

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Speaker 1: the and the early that his tone rather during those

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Speaker 1: press conferences. Now the reelection campaign is saying, well, he

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Speaker 1: was he didn't want to cause a panic, he didn't

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Speaker 1: want to have, you know, a massive panic. But early

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Speaker 1: on he was out front in terms of trying to

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Speaker 1: get to some type of reopening of the economy. What

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Speaker 1: else are we hearing from the defense from the president's

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Speaker 1: reelection campaign. Yeah, I mean, look, and I think Trump

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Speaker 1: you know, the thing about it is Trump is making

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Speaker 1: an argument that is not completely sort of implausible that look,

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Speaker 1: I can't stand up there and look panicky or look

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Speaker 1: scared or look nervous. The American people are looking to

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Speaker 1: me as a leader of the country to kind of

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Speaker 1: portray a sense of calm, a sense of leadership, a

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Speaker 1: sense that I've sort of you know, I've got this

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Speaker 1: under control. Uh, you know, these are tough times where

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Speaker 1: we're gonna get through it. I think the problem for

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Speaker 1: Trump is his actions. You know, we're different if he

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Speaker 1: were saying calming words but mobilizing, you know, the entire

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Speaker 1: full weight of the US you know, government, to fight

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Speaker 1: this virus and to put to you know, put protections

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Speaker 1: in place, to order the equipment, to send equipment around.

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Speaker 1: People might say, okay, well, sure, you know, he has

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Speaker 1: to portray a sense of calm, but he's also taking

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Speaker 1: a lot of actions. He's doing a lot of things,

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Speaker 1: the mobilizing the entire government, the health the health infrastructure

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Speaker 1: of the military or whatever. He wasn't he wasn't doing

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Speaker 1: those things. He was both portraying calm and also not

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Speaker 1: doing that much. And I think for a lot of voters,

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Speaker 1: you know, they would understand a sense of you know,

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Speaker 1: if you think back in time to the great President's FDR,

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Speaker 1: getting to the depression, or even going out back to

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Speaker 1: Lincoln in the Civil War. Obviously they didn't want to

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Speaker 1: look panicky, but there was also a sense they were

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Speaker 1: doing something to fix the problem. And I think again,

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Speaker 1: if you believe the polls, a lot of people say

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Speaker 1: they don't think he was doing enough to to fix

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Speaker 1: the problem. We're all living with coronavirus. I was speaking

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Speaker 1: you from inside my basement, and lovely besides the Maryland,

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Speaker 1: I've been in my office in six months. I mean,

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Speaker 1: not even Joe Biden's in his basement today, Craig um.

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Speaker 1: But this is a very real thing for people. They

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Speaker 1: have a very visceral understanding of how the virus is

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Speaker 1: affected everyone's daily life. And you know, maybe they know

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Speaker 1: people that have gotten sick, I forbid people maybe even

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Speaker 1: that have died. So people have a very clear understanding

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Speaker 1: of how they think the President handled this, and they

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Speaker 1: don't think he did a very good job. So there's

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Speaker 1: one thing to portray calm. There's another thing to take action.

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Speaker 1: I think a lot of voters, again, if you believe

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Speaker 1: the polls, think he didn't do enough. And this is

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Speaker 1: just a fresh reminder that even though he himself knew

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Speaker 1: it was serious, he wasn't. He wasn't taking the steps that,

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Speaker 1: you know, looking back, maybe he should have been. Craig

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Speaker 1: Gordon's on the line is the Washington bureau chief for

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Speaker 1: Bloomberg News, and the timeline. This is just what I

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Speaker 1: find fascinating is that he gave these interviews with Woodward

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Speaker 1: in January, February, and March, and the President said publicly

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Speaker 1: in February and in early March, and this is important, folks,

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Speaker 1: In February and early March that the US had the

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Speaker 1: virus under control. Well, the other timeline is the geopolitical

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Speaker 1: timeline with the World Health Organization traveling to Beijing upon

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Speaker 1: an insistent meeting with the President of China, shi Jing

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Speaker 1: Ping at the end of January when they when they

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Speaker 1: finally declared their highest health rating of a global health

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Speaker 1: emergency with the coronavirus. Now, the President had restricted travel

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Speaker 1: actually before then. But the timeline here is that even

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Speaker 1: while he took his most aggressive stances to Craig Gordon's point,

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Speaker 1: his tone was just so remarkably different than what his

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Speaker 1: national security advisor, as Bob Woodward reports in his book,

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Speaker 1: Robert O'Brien says in a January meeting. And this is

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Speaker 1: where that timeline is remarkable, because while the w h

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Speaker 1: O was meeting with President She, O'Brien's talking to Trump

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Speaker 1: and he's saying that this quote will be the biggest

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Speaker 1: national security threat you face in your presidency end quote.

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Speaker 1: And Craig, based upon Woodwards reporting, do you think the

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Speaker 1: President responded uh in a way that he should have

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Speaker 1: based upon O'Brien's advice. Well, if you were, you know,

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Speaker 1: the the extra from the book that the Washington Post

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Speaker 1: published says that you know, Trump did look up and

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Speaker 1: and you know those words. I could only imagine O'Brien

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Speaker 1: was trying to get his attention and succeeded in getting

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Speaker 1: his attention. I think what a lot of voters would

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Speaker 1: say is okay, so fine. The National Security Advisor did

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Speaker 1: his job. He got the president's attention to the president's

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Speaker 1: busy person. He's got a lot of things going on.

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Speaker 1: He kind of cut through some of the noise and said,

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Speaker 1: Mr President, you need to focus on this. I think

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Speaker 1: a lot of voters would say, but what did he

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Speaker 1: actually do about it? It was, as you say, it

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Speaker 1: was weeks, if not months, until he started taking some

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Speaker 1: of the more aggressive steps, while all the while praising

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Speaker 1: she's handling of it, you know, you know, sort of

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Speaker 1: again downplaying, down playing the nature of it. So, you know,

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Speaker 1: presidents get judged on their actually their words and their actions.

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Speaker 1: And I think in this case, Trump is saying, look

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Speaker 1: at my words. I was trying to project calm and leadership,

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Speaker 1: and I think voters will be looking at his actions

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Speaker 1: and remembering at that time to think back, put yourself

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Speaker 1: back to that time January February, we were still working

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Speaker 1: in our office in downtown Washington, and if peoplere sort

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Speaker 1: of going about their lives with this a sense something

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Speaker 1: was bad was coming, but the President kept saying was okay,

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Speaker 1: and so everyone, you know, like nobody knew what to

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Speaker 1: make of it. That's a moment when the president needs

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Speaker 1: to be the way to be the leader. I think

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Speaker 1: a lot of people would say, is you are honest

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Speaker 1: with the American people? Blue Vergs. Mario Parker was sitting

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Speaker 1: in that briefing room and you know, frankly asked, I

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Speaker 1: think a very pointed question. He said, sir, don't you

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Speaker 1: think if you had been honest with the American people,

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Speaker 1: you know, back and say March, you might have saved

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Speaker 1: some lives because people would have taken it more seriously

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Speaker 1: than you are suggesting that they should. I actually think

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Speaker 1: that's fundamentally the question that Joe Biden should ask Donald

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Speaker 1: Trump on the debate stage when they debated the end

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Speaker 1: of the month in Cleveland. And you know, I think

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Speaker 1: a lot of voters gonna judge Trump's answer harshly when

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Speaker 1: he gives it. We're gonna have much more coming up

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Speaker 1: on this Bob Woodward book Rage, the audio of which

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Speaker 1: has really rocked Washington, and my thanks as always to

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Speaker 1: Craig Gordon, Bloomberg's Washington bureau chief. And right now we're

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Speaker 1: gonna switch gears entirely, and we're gonna talk, We're gonna take,

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Speaker 1: we're gonna talk, We're gonna take a historical perspective rather,

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Speaker 1: and we're gonna do it with someone who barely gives interviews.

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Speaker 1: He's an a political type. He served in both Republican

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Speaker 1: and Democratic administrations. And his name is John Parrish, p D.

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Speaker 1: He is the chairman of the National Endowment for the Humanities.

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Speaker 1: You know what I I was thinking about this segment, folks,

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Speaker 1: I was thinking about when I first cut my teeth

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Speaker 1: as a journalist, and uh, I covered the fall of

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Speaker 1: the Joe Paterno statue in State College, Pennsylvania, which have

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Speaker 1: become a symbol for a horrible uh trial. And but

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Speaker 1: with that Jerry Sandusky. And the reason I bring this

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Speaker 1: up is because it was really then when I learned

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Speaker 1: just how power a powerful statues can become in our

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Speaker 1: culture and symbols. And here we are living through these

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Speaker 1: unprecedented times, to use a neutral word, and it every

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Speaker 1: statue is being is driving headlines and how we remember

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Speaker 1: history and how we put America's founding in America in

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Speaker 1: in historical context is being openly discussed in sometimes productive

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Speaker 1: ways and other times unproductive ways. And Chairman p D

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Speaker 1: is really in charge of orchestrating how this gets how

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Speaker 1: this ushering of American history gets remembered. And so at first,

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Speaker 1: tell me a little bit, Chairman PD, just a little

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Speaker 1: bit about your day to day job for folks who

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Speaker 1: might not be familiar with the Chairman of the National

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Speaker 1: Endowment for the Humanities, Kevin, thank you for having the

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Speaker 1: own first. I think um for a lot of people

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Speaker 1: is important to describe the humanities are. So essentially the

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Speaker 1: humanities are the study of society, of culture. So in college,

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Speaker 1: of course that meant history, English, philosophy, religion, law, art, history.

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Speaker 1: And so the federal grant, the federal grants from my agency,

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Speaker 1: think about the seven or eight hundred that we want

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Speaker 1: to support academic books. We want to support the scholars,

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Speaker 1: the curators who restored their star spangled banner flag. We

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Speaker 1: helped educate them. So I'm spending most of my days

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Speaker 1: thinking about what should we be doing now to remember

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Speaker 1: And I think of the conversation just culturally that our

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Speaker 1: think of uh Lincoln, that that film Lincoln, and of

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Speaker 1: course that you know, I'm reading seventeen seventy six right now,

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Speaker 1: just rereading that and so many So much of the

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Speaker 1: conversation is about our past. And so how sir, have

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Speaker 1: has this particular moment of of a division again to

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Speaker 1: us a neutral word, how has that impacted your work

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Speaker 1: or has it at all? Well, it's certainly brought a

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Speaker 1: national attention to the matters that we deal with every

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Speaker 1: day here, which is which is history, the telling of

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Speaker 1: And also an important news staff is that my agency

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Speaker 1: for more than half a century has been funding these

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Speaker 1: type of projects. But now as of July three, we

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Speaker 1: joined other federal agency ease for President Trump's Inner Agency

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Speaker 1: pass Force owned building and rebuilding monuments to American heroes.

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Speaker 1: And then I'll say quickly for your listeners, we are

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Speaker 1: we submitted report to the President to propose potential sites

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Speaker 1: for a national Garden of statues of American heroes. And

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Speaker 1: what has been very exciting is the governors and the

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Speaker 1: two thousand county commissioners and supervisors that we have written

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Speaker 1: and there are ideas about local heroes, not just Abraham

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Speaker 1: Lincoln rosa park that national and international heroes we know,

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Speaker 1: but frankly, some of these unsung heroes from American pass

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Speaker 1: and it's it's really incredible, folks. I mean, regardless of

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Speaker 1: who wins on November three, I mean, this will be

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Speaker 1: massive national monument park for lack of a better word,

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Speaker 1: just to put it in perspective. How many acres it's

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Speaker 1: going to be several? Uh, we did propose in the report.

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Speaker 1: Did a hundred acres might be a good minimum to

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Speaker 1: look at. But but again we've given this to the President.

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Speaker 1: It depends on the typography. And I appreciate the way

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Speaker 1: you're discussing that, Kevin, because frankly for those of us

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Speaker 1: in the task force, from Interior Secretary David Bernhard to others,

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Speaker 1: we look at this as a great unifying civic endeavor.

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Speaker 1: A nation should be proud of this path and we

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Speaker 1: should be able to talk about the men and women

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Speaker 1: of all backgrounds, all races, all economic levels who have

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Speaker 1: transformed this country and have made a difference across the world,

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Speaker 1: particularly a difference for freedom. You know, it's it's it's so,

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Speaker 1: where where are some of the locations or what can

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Speaker 1: you tell us, I mean, and just give us a

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Speaker 1: little bit of a preview of the types of people

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Speaker 1: that that are going to be recognized in this hundred

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Speaker 1: acre hundred acre uh National Park monument historical sites. Well,

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Speaker 1: I'm gonna hand to disappoint you on not re building

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Speaker 1: the sites we recommended to their president. So uh so,

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Speaker 1: my apologies, but but we really want to let the

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Speaker 1: President of the White House contemplate those I could say

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Speaker 1: that we've had private land proposed to us. We have

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Speaker 1: a lot of great public land because is under the

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Speaker 1: leadership and Interior Secretary. We just had an incredible leadership

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Speaker 1: from the National Park Service where they talked about existing

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Speaker 1: parts and also some unused parts of existing parts that

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Speaker 1: could be used for this purpose. So it's been very thoughtful.

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Speaker 1: Can people get to it easily? Is it accessible to

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Speaker 1: all people of all walks of life? How the utilities

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Speaker 1: in access? So it's a very thoughtful, prudent process. Uh.

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Speaker 1: And the whole point of this, I should say too,

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Speaker 1: this is tied to something else, a word that a

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Speaker 1: lot of us are gonna have to learn how to pronounce.

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Speaker 1: And I'm excited. I'm excited for this next word. Yeah,

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Speaker 1: the Simmy Quincentennial. Say it again, Say it again. It

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Speaker 1: bears repeating, Say it again. Yeah, for everybody studied Latin.

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Speaker 1: This is your us to use it, Quinn Centennial, semi

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Speaker 1: quin Centennial, or as we're going to call it, America

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Speaker 1: to fifty, which is the two and fiftieth birthday of

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Speaker 1: America is in. We only have a couple more minutes.

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Speaker 1: And I really want to get to this point because

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Speaker 1: from two thousand and seven to two thousand and eleven,

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Speaker 1: the uh, the in the Obama administration, but at detail

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Speaker 1: end of the Bush administration, you oversaw the National Endowment

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Speaker 1: for the Arts funding of literary organizations and fellowships, and

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Speaker 1: you also led writing workshops. This is fascinating. You led

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Speaker 1: writing workshops for seven years for US troops in Afghanistan, Bahrain,

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Speaker 1: Um as well as the Persian Golf and on domestic basis.

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Speaker 1: So when you're over there in Afghanistan or you're in

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Speaker 1: the Persian Gulf and you're leading writing workshops, give us

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Speaker 1: a memory, give us a little taste of what that

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Speaker 1: was like. Well, thank you. I worked with some sixty writers,

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Speaker 1: a lot of veterans, the great novelist just Shara whereverybody knows.

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Speaker 1: We were in the Persian Gulf, and I tell you,

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Speaker 1: I was in a field. I was in a hospital

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Speaker 1: in my reign, Afghanistan, and I thought that I was

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Speaker 1: teaching writing workshop for our wounded troops were patients there,

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Speaker 1: and I was just talking to the doctors and nurses

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Speaker 1: about what we were about to do with this writing workshop.

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Speaker 1: And I saw the young tear up, and I saw

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Speaker 1: the stress in their lives and the their need to

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Speaker 1: unpack their experience. And I saw that again at Walter

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Speaker 1: Read and a lot of domestic basses. And I think

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Speaker 1: what unites that project Operation Homecoming with what we're trying

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Speaker 1: to do today is that this is a remarkable nation

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Speaker 1: full of incredible people trying to do the right thing,

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Speaker 1: and and the patriotism and the sacrifice that I saw

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Speaker 1: in our troops there will be with me to the

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Speaker 1: end of my days. And so thank you for bringing

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Speaker 1: it up. It UH the people, you know, nineteen year olds,

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Speaker 1: twenty year olds um talking in a way that their

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Speaker 1: grandfathers had never unlocked their story from World War Two

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Speaker 1: and for them the bond and these workshops. On the

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Speaker 1: domestic basis UH in Florida, I saw World War Two

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Speaker 1: veterans po pow one case, talked to a troop who

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Speaker 1: had recently come back from Iraq, and that was profoundly moving.

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Speaker 1: And the writing workshops we gave them, we gave them

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Speaker 1: examples of civil war letters, Shelby Foote reading these letters

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Speaker 1: to the Shelby Foote the greatest Storian World War Two veteran.

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Speaker 1: And so I'm a big believer in the fact that

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Speaker 1: we are united by knowing our nation's history. You know

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Speaker 1: what I needed that today, John Parrish, PTI, thank you,

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Speaker 1: sir for your time, and I know we'll be talking

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Speaker 1: much more over the next couple of years. John Parrish, PTI,

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Speaker 1: thank you for giving us an update on where things

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Speaker 1: stand and of course, uh wow, what a what a

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Speaker 1: remarkable story about your work, and and uh getting folks

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Speaker 1: to write about some very difficult moments of their life

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Speaker 1: and using it as a as testimony. John Parish Pete

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Speaker 1: of course, is the chairman for the National Endowment for

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Speaker 1: the Humanities. Uh, and he will like he will definitely

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Speaker 1: be coming back on this program to talk more about

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Speaker 1: that work. It's time now to switch gears as we

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Speaker 1: are jumping through a dizzy news day. Just to reset here,

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Speaker 1: my name is Kevin Surreally on the chief Washington correspondent

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Speaker 1: for Bloomberg Television and for Bloomberg Radio. We're following multiple fronts. Now,

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Speaker 1: let's focus on the markets. Reading from the Bloomberg terminal.

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Speaker 1: US stocks rebounded from a three day route as dip

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Speaker 1: buyers poured into beaten down tech shares to send the

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Speaker 1: naz DAC one hundred to its best day since April.

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Speaker 1: They s the and the dollar fell versus major peers

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Speaker 1: in the SMP five hundred index rose the most since June,

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Speaker 1: though finished well off its session highs. Taylor Riggs is

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Speaker 1: a good friend of mine who always tells me I

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Speaker 1: don't read the terminal enough, so I said, Taylor came

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Speaker 1: on Bloomberg Radio sound on. She of course is a

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Speaker 1: Bloomberg anchor and a Bloomberg Markets reporter. All right, Taylor,

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Speaker 1: educate me. What the heck happened in the markets today? Yeah,

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Speaker 1: you know, really interesting day, Kevin. You just had the

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Speaker 1: fastest correction in the last three days in the NASDAC

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Speaker 1: and then today sort of seems like some of the

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Speaker 1: buyers came back and you're seeing a little bit of

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Speaker 1: a by the dip opportunity. So I would stress at

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Speaker 1: every strategist I spoke to today said, of course there's

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Speaker 1: five trillion dollars on the cash on the sidelines waiting

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Speaker 1: to be invested anytime you get a pullback like this.

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Speaker 1: But at the same time, every strategist I speak to

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Speaker 1: you also says prepare yourself for future volatility, that that

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Speaker 1: is going to be the name of the game. And

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Speaker 1: so you really could see a lot more days like this,

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Speaker 1: big swings of to three really in the next few months,

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Speaker 1: as volatility expected to pick up. Really of course, as

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Speaker 1: you know, just the election um and some of the

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Speaker 1: uncertainty they comes around that. Taylor, what are what are

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Speaker 1: investors really eyeing? Is it Is it the volatility around

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Speaker 1: the election? It seems to be less and less fiscal stimulus.

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Speaker 1: Is it vaccinations? I remember for a period of time

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Speaker 1: they're obsessed with all the latest news on the vaccination front.

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Speaker 1: Of course, we got some new developments after at trading

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Speaker 1: hours yesterday. But what is really driving the movement here

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Speaker 1: or is it is it just you know, answer, what

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Speaker 1: do you think? Yeah? No, I mean that's a great question.

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Speaker 1: I think for a while it was the fact that

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Speaker 1: there wasn't stimulus, and we thought this stimulus was baked in,

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Speaker 1: so everyone assumes that eventually it will get done. Trade

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Speaker 1: tensions are on the sidelines, I think the elected top

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Speaker 1: m for everyone. And then with the vaccine news, um

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Speaker 1: it's baked in. I think at this point that we'll

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Speaker 1: get a vaccine early so exactly, and it looks like

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Speaker 1: we're having a little bit of difficulty in from hearing

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Speaker 1: from Taylor Riggs. But what you just said, they're about

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Speaker 1: the liquidity such an incredibly and credibly important point, Taylor.

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Speaker 1: I'll catch up with you later. Taylor's my running buddy.

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Speaker 1: We always go running whenever. Well back back in the

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Speaker 1: day when we could go running in New York City,

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Speaker 1: remember New York. keV used to go to New York

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Speaker 1: all the time. Taylor Riggs is a Bloomberg Markets reporter.

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Speaker 1: Coming up, we reset, we follow the latest politics and policy.

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Speaker 1: Roger Fisk is gonna join us with match lap. I

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Speaker 1: don't know how that's gonna go. We'll find out together, folks.

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Speaker 1: He is the chairman of the American Conservative Union and

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Speaker 1: Roger's longtime democratic strategist and a former aide to President Obama.

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Speaker 1: Download the Bloomberg Sound On podcast on Apple iTunes or

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Speaker 1: by downloading the Bloomberg Business app. You can also find

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Speaker 1: me on radio dot Com, I Heart Radio, and Spotify.

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Speaker 1: Senator Marsha Blackburn's gonna talk big tech with me. But first,

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Speaker 1: you're almost there. We're halfway through the week, a little

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Speaker 1: bit of a downcast day the nation's capital. But here's

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Speaker 1: Gruce Springsteen. You're listening to Bloomberg. Why from our nation's cale,

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Speaker 1: how do we reopen this economy? The latest on how

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Speaker 1: this pandemic is impacting farmers? What does this do? From

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Speaker 1: the United States relationship with China. Bloomberg Sound on the insiders,

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Speaker 1: the influencers, the insides. We're responding to this crisis and

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Speaker 1: manufacturers are stepping up like never before. We're looking at

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Speaker 1: seventy candidates for different ductines. How do we make sure

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Speaker 1: a pandemic of this scale never happens again. This is

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Speaker 1: Bloomberg Sound On with Kevin surl On Bloomberg and one

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Speaker 1: oh five point seven f m h D two. Bob

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Speaker 1: Woodberg's back and he's got the tapes and listen, folks,

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Speaker 1: it is upending the presidential race. We've got two uh

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Speaker 1: political all stars who are gonna be with me for

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Speaker 1: the hour, match Lap as well as Roger Fisk. Can

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Speaker 1: We're gonna go through these tapes just to see what

430
00:24:09,840 --> 00:24:13,119
Speaker 1: exactly it means for race. And President Trump wants to

431
00:24:13,119 --> 00:24:17,280
Speaker 1: talk about the Supreme Court. And I've got the list

432
00:24:17,320 --> 00:24:19,600
Speaker 1: of judges who who would denominate in a second term

433
00:24:20,119 --> 00:24:23,920
Speaker 1: Judicial Watch, plus Senator Marshall Blackbourn. We talked tech, we

434
00:24:24,040 --> 00:24:26,639
Speaker 1: talked big tech. That's a lot to get through, but

435
00:24:26,760 --> 00:24:30,640
Speaker 1: it's gonna be a jam packed political policy hour. Roger

436
00:24:30,720 --> 00:24:33,560
Speaker 1: Fisk is with us for the hour. Democratic strategist long

437
00:24:33,680 --> 00:24:36,800
Speaker 1: time President Obama AID and a principle of New Day

438
00:24:36,880 --> 00:24:39,720
Speaker 1: Strategy and Match Lap is also with us. He is

439
00:24:39,760 --> 00:24:44,040
Speaker 1: the chairman of the American conservative unions who you don't

440
00:24:44,040 --> 00:24:46,440
Speaker 1: get much more of an insider than Roger Fisk and

441
00:24:46,480 --> 00:24:49,280
Speaker 1: Match Lap. So, gentlemen, thank you so much for joining

442
00:24:49,480 --> 00:24:53,200
Speaker 1: us on what is a dizzying day. And we begin

443
00:24:53,400 --> 00:24:56,800
Speaker 1: with Bob Woodward the tapes. All right, So, folks, if

444
00:24:56,800 --> 00:25:01,920
Speaker 1: you're just tuning in, what happened is President Trump agreed

445
00:25:02,000 --> 00:25:04,639
Speaker 1: to a series of interviews something like eighteen interviews. What

446
00:25:04,720 --> 00:25:08,960
Speaker 1: I would give eighteen interviews with Bob Woodward ever since

447
00:25:09,040 --> 00:25:12,400
Speaker 1: the end of last year, all throughout the early times

448
00:25:12,720 --> 00:25:16,600
Speaker 1: of the pandemic. And he chronicled these conversations in the

449
00:25:16,760 --> 00:25:21,840
Speaker 1: new book Rage by Bob Woodward, and essentially, well, I'm

450
00:25:21,840 --> 00:25:25,440
Speaker 1: gonna they leaked the tapes to CNN, the audio recordings.

451
00:25:25,480 --> 00:25:27,680
Speaker 1: Now the audio is out there, and I want to

452
00:25:27,760 --> 00:25:31,119
Speaker 1: play the sound bite in question, which was where he

453
00:25:31,240 --> 00:25:34,200
Speaker 1: says I wanted to always play it down. Let's roll

454
00:25:34,280 --> 00:25:37,720
Speaker 1: the tape that was obtained first by CNN. Here it is, Well,

455
00:25:37,800 --> 00:25:40,280
Speaker 1: I think Bob really to be honest with you, I

456
00:25:40,400 --> 00:25:44,360
Speaker 1: want you I wanted to uh, I wanted to always

457
00:25:44,480 --> 00:25:48,080
Speaker 1: play it down. I still like playing it down because

458
00:25:48,119 --> 00:25:51,840
Speaker 1: I don't want to create a panic. He didn't want

459
00:25:51,840 --> 00:25:54,359
Speaker 1: to create a panic. All right. So then today at

460
00:25:54,400 --> 00:25:57,119
Speaker 1: a press conference, he was asked about all of that,

461
00:25:57,200 --> 00:26:00,000
Speaker 1: because it's been that quote. I wanted to always play

462
00:26:00,000 --> 00:26:01,560
Speaker 1: it down because I don't didn't want to create a

463
00:26:01,560 --> 00:26:05,399
Speaker 1: panic as really upended the dynamic of the race and

464
00:26:05,440 --> 00:26:07,520
Speaker 1: the media and whatnot. So here's what the President sent

465
00:26:07,600 --> 00:26:10,320
Speaker 1: of the press conference earlier today. Here is the fact is,

466
00:26:10,400 --> 00:26:12,919
Speaker 1: I'm a cheerleader for this country. I love our country,

467
00:26:13,440 --> 00:26:16,280
Speaker 1: and I don't want people to be frightened. I don't

468
00:26:16,400 --> 00:26:20,000
Speaker 1: want to create panic, as you say, And certainly I'm

469
00:26:20,040 --> 00:26:24,520
Speaker 1: not going to drive this country or the world into

470
00:26:24,640 --> 00:26:27,840
Speaker 1: a frenzy. We want to show confidence, we want to

471
00:26:27,880 --> 00:26:30,240
Speaker 1: show strength. We want to show strength as a nation.

472
00:26:31,119 --> 00:26:33,480
Speaker 1: And that's what I've done, and we've done very well.

473
00:26:34,320 --> 00:26:35,600
Speaker 1: All right, So there you have it, all right. So

474
00:26:35,600 --> 00:26:37,920
Speaker 1: I'm gonna let Matt speak and then Roger speak, and

475
00:26:38,000 --> 00:26:39,600
Speaker 1: we're not going to do a shouting match. That's not

476
00:26:39,720 --> 00:26:42,399
Speaker 1: this show. I want to know specifically whether or not

477
00:26:42,560 --> 00:26:45,040
Speaker 1: this will change the dynamics of the race, whether or

478
00:26:45,080 --> 00:26:47,480
Speaker 1: not the President should have been talking Matt to Bob

479
00:26:47,520 --> 00:26:52,119
Speaker 1: Woodward eighteen times uh during that time period, uh, And

480
00:26:52,320 --> 00:26:53,800
Speaker 1: and anything else that you want to comment on with

481
00:26:53,880 --> 00:26:56,640
Speaker 1: regards to the Woodword book. Yeah, I don't have any

482
00:26:57,000 --> 00:26:59,680
Speaker 1: thanks for having me on again, Kevin. I don't have

483
00:26:59,760 --> 00:27:03,000
Speaker 1: any issue with the President talking to Bob Woodword. I've

484
00:27:03,000 --> 00:27:05,560
Speaker 1: been on TV with him a number of times. Um,

485
00:27:06,200 --> 00:27:08,359
Speaker 1: you know, I don't. I have to say, I can't

486
00:27:08,359 --> 00:27:12,160
Speaker 1: recall Bob Woodword actually releasing the tapes of past books

487
00:27:12,240 --> 00:27:15,200
Speaker 1: with presidents and with principles. I think that's a little

488
00:27:15,200 --> 00:27:17,840
Speaker 1: bit of a unique turn of events here, my guest,

489
00:27:17,880 --> 00:27:21,440
Speaker 1: as the President probably intended them to be used to

490
00:27:21,600 --> 00:27:24,399
Speaker 1: record the conversations for the book and not to become

491
00:27:24,440 --> 00:27:27,320
Speaker 1: a scene on television show. But I'll leave that aside.

492
00:27:27,760 --> 00:27:31,560
Speaker 1: And as far as what he how he characterized it,

493
00:27:31,760 --> 00:27:34,400
Speaker 1: I totally appreciate it and feel like that's the right way.

494
00:27:34,920 --> 00:27:38,240
Speaker 1: You know, when Fdr Staff before us on the radio

495
00:27:38,600 --> 00:27:40,960
Speaker 1: and and said we had nothing to fear but fear

496
00:27:41,080 --> 00:27:44,520
Speaker 1: itself and tried to assuage us and calm us as

497
00:27:44,600 --> 00:27:47,320
Speaker 1: we faced you know, what could have been the destruction

498
00:27:47,400 --> 00:27:52,000
Speaker 1: of Western civilization with fascism coming out of Germany and

499
00:27:52,640 --> 00:27:56,760
Speaker 1: this UH totalitarianism coming out of the East, UH coming

500
00:27:57,119 --> 00:28:02,399
Speaker 1: out of Japan, and obviously the terrible historical scourge of

501
00:28:02,480 --> 00:28:05,760
Speaker 1: concentration camps. You know, he didn't rally us to panic.

502
00:28:06,119 --> 00:28:08,560
Speaker 1: And there's there are a lot of times in that war,

503
00:28:08,640 --> 00:28:11,920
Speaker 1: including right before D Day when Eisenhower, you know, wrote

504
00:28:12,000 --> 00:28:15,199
Speaker 1: himself the note of what he would tell the country

505
00:28:15,280 --> 00:28:17,520
Speaker 1: if he failed in this mission. He actually wrote that out.

506
00:28:17,920 --> 00:28:20,119
Speaker 1: You know, we're at the break. But what a leader

507
00:28:20,240 --> 00:28:23,760
Speaker 1: does does he takes us away from fear and panic

508
00:28:23,920 --> 00:28:26,679
Speaker 1: and tries to encourage us to do something that's constructive.

509
00:28:26,840 --> 00:28:30,720
Speaker 1: And what the president did on everything related to Corona,

510
00:28:31,000 --> 00:28:35,120
Speaker 1: although people are loving to make everything about this politics,

511
00:28:35,440 --> 00:28:38,600
Speaker 1: he basically did every major thing that Burkest and Fauci

512
00:28:38,680 --> 00:28:41,200
Speaker 1: and the other doctors asked him to do. In a

513
00:28:41,240 --> 00:28:43,640
Speaker 1: matter of fact, his most his boldest move, and I

514
00:28:43,720 --> 00:28:45,440
Speaker 1: know that I had been talking to people in the

515
00:28:45,440 --> 00:28:49,640
Speaker 1: administration at the time, was stopping this travel from China,

516
00:28:49,720 --> 00:28:53,400
Speaker 1: which he was roundly criticized for and Joe Biden saying

517
00:28:53,480 --> 00:28:56,400
Speaker 1: the President could have stayed thirty more people if he

518
00:28:56,480 --> 00:28:59,760
Speaker 1: had acted quicker. But of course when he acted before

519
00:29:00,000 --> 00:29:03,520
Speaker 1: all Joe Biden and Nancy Posting others basically called him

520
00:29:03,840 --> 00:29:06,960
Speaker 1: a racist for stopping that travel. So I think making

521
00:29:07,520 --> 00:29:11,160
Speaker 1: trying to turn every little aspect atist into politics is

522
00:29:11,200 --> 00:29:13,840
Speaker 1: a mistake on the Democrats, behalf. But I suppose that's

523
00:29:13,920 --> 00:29:16,840
Speaker 1: the that's the strategy they're on. And as far as talking,

524
00:29:17,040 --> 00:29:21,080
Speaker 1: the president had daily press precincts. He's the most available

525
00:29:21,160 --> 00:29:24,560
Speaker 1: to the press president I've ever seen, certainly in my lifetime.

526
00:29:25,000 --> 00:29:27,520
Speaker 1: All Right, So that's Matt. All right. So that's Matt

527
00:29:27,520 --> 00:29:30,800
Speaker 1: all right, Roger, Now to go through the events of

528
00:29:30,840 --> 00:29:35,440
Speaker 1: it this afternoon. It's a slow newsday. First off, I

529
00:29:35,520 --> 00:29:38,560
Speaker 1: think we can all agree, Um and Kevin, thank you

530
00:29:38,960 --> 00:29:41,000
Speaker 1: also for having me, and it's great to be here

531
00:29:41,120 --> 00:29:43,960
Speaker 1: with with Matt as well. Um. You know, there's a

532
00:29:44,040 --> 00:29:46,400
Speaker 1: reason why two thirds of the American people don't really

533
00:29:46,440 --> 00:29:49,120
Speaker 1: trust a lot of what comes out of the president's mouth.

534
00:29:49,200 --> 00:29:52,360
Speaker 1: And this is just more evidence thereof I you know,

535
00:29:52,520 --> 00:29:54,640
Speaker 1: to me a lot of this stuff. And I always

536
00:29:54,680 --> 00:29:56,280
Speaker 1: kind of get back to these themes when you and

537
00:29:56,520 --> 00:29:58,640
Speaker 1: I and some of the other guests chat about these things.

538
00:29:59,320 --> 00:30:01,680
Speaker 1: It's not it's not that difficult, Like why couldn't the

539
00:30:01,720 --> 00:30:05,800
Speaker 1: American people get what Bob Woodward got, which was the

540
00:30:05,840 --> 00:30:10,640
Speaker 1: acknowledgement in February and March that it's an airborne pathogen,

541
00:30:11,160 --> 00:30:14,880
Speaker 1: that it is also impacting the youth. I mean, we

542
00:30:14,960 --> 00:30:17,120
Speaker 1: don't mean, we don't need to go back into the

543
00:30:17,240 --> 00:30:21,880
Speaker 1: rally from the various talking points um to see uh

544
00:30:22,200 --> 00:30:24,120
Speaker 1: that you know, the president was going in a hundred

545
00:30:24,160 --> 00:30:27,360
Speaker 1: eighty degrees opposite from the fact. So you know this

546
00:30:27,600 --> 00:30:30,360
Speaker 1: this to me, it's not necessarily surprising. I think what's

547
00:30:30,360 --> 00:30:33,800
Speaker 1: almost what's almost more shocking is that he did eighteen interviews,

548
00:30:34,280 --> 00:30:37,040
Speaker 1: and there's reports that his staff barely knew that he

549
00:30:37,240 --> 00:30:39,760
Speaker 1: was doing any of them. Um on the record, and

550
00:30:39,840 --> 00:30:42,040
Speaker 1: I remember from the first Woodword book and some of

551
00:30:42,080 --> 00:30:44,760
Speaker 1: the transcripts there, he always says, right at the beginning,

552
00:30:44,840 --> 00:30:48,000
Speaker 1: Mr President, I'm going to tape our conversation. My assistant

553
00:30:48,080 --> 00:30:50,800
Speaker 1: is on the line, you know, for to get this accurately, etcetera.

554
00:30:51,080 --> 00:30:54,040
Speaker 1: So the president knew completely what he was doing, and

555
00:30:54,640 --> 00:30:57,000
Speaker 1: and it just it shows us, you know, kind of

556
00:30:57,200 --> 00:31:01,120
Speaker 1: from the inside looking out, what a lot of us suspected,

557
00:31:01,320 --> 00:31:04,560
Speaker 1: you know, since about February when he started. It's fifteen

558
00:31:04,600 --> 00:31:07,520
Speaker 1: people and soon going to be zero, so that he

559
00:31:07,680 --> 00:31:09,960
Speaker 1: was not being straight with the American people. So that folks,

560
00:31:10,040 --> 00:31:11,520
Speaker 1: right there is are the dynamics and I'm not going

561
00:31:11,560 --> 00:31:13,040
Speaker 1: to spend too much more time on these Bob would

562
00:31:13,040 --> 00:31:14,560
Speaker 1: work tapes because I think, you know, I want to

563
00:31:14,600 --> 00:31:16,520
Speaker 1: get into policy, and coming up we check him with

564
00:31:16,560 --> 00:31:20,120
Speaker 1: Senator Marshall Blackburn on tech policy. But what whether you

565
00:31:20,200 --> 00:31:22,960
Speaker 1: were listening and you're blood boiled with Roger or you're

566
00:31:23,000 --> 00:31:26,720
Speaker 1: blood boiled with Matt, it really isn't about you. It's

567
00:31:26,720 --> 00:31:29,560
Speaker 1: about that person who's listening, who doesn't know what to

568
00:31:29,640 --> 00:31:31,240
Speaker 1: make of all of this. And I go back to

569
00:31:31,400 --> 00:31:35,680
Speaker 1: four days in January. January when Bob Woodward says that

570
00:31:35,760 --> 00:31:39,520
Speaker 1: the President was warned by National Security Advisor Advisor Robert

571
00:31:39,560 --> 00:31:42,200
Speaker 1: O'Brien in a meeting that the virus will quote be

572
00:31:42,360 --> 00:31:45,520
Speaker 1: the biggest national security threat you face in your presidency.

573
00:31:45,640 --> 00:31:49,720
Speaker 1: That was on January. On January, virtually at the same

574
00:31:49,800 --> 00:31:52,280
Speaker 1: time this was happening, the World Health Organization was traveling

575
00:31:52,360 --> 00:31:55,360
Speaker 1: to Beijing to meet with President shi jing Ping, demanding

576
00:31:55,440 --> 00:31:59,280
Speaker 1: more access that he had refused. January was when the

577
00:31:59,360 --> 00:32:02,840
Speaker 1: Director en Roll of the World Health Organization to two

578
00:32:02,920 --> 00:32:06,280
Speaker 1: days after this O'Brien meeting, declared the highest level of

579
00:32:06,320 --> 00:32:10,240
Speaker 1: alarm uh in that that is available to the World

580
00:32:10,320 --> 00:32:14,000
Speaker 1: Health Organization. We should note that it was then on

581
00:32:14,200 --> 00:32:19,360
Speaker 1: January thirty one that the President then restricted the travel.

582
00:32:19,480 --> 00:32:22,520
Speaker 1: So in the same twenty four hour span. So those

583
00:32:22,640 --> 00:32:25,920
Speaker 1: four days in January or a defining moment in global

584
00:32:26,040 --> 00:32:28,320
Speaker 1: history and how we remember that, Well, it's going to

585
00:32:28,360 --> 00:32:31,040
Speaker 1: be a generation and at least an election away. Coming up.

586
00:32:31,120 --> 00:32:33,520
Speaker 1: Much more policy and politics with Roger and Matt. I'm

587
00:32:33,600 --> 00:32:43,520
Speaker 1: Kevin Sirelli. You're listening to Bloomberg. This is Bloomberg Sound

588
00:32:43,640 --> 00:32:48,400
Speaker 1: On with Kevin on Bloomberg and one or five point

589
00:32:48,480 --> 00:32:50,400
Speaker 1: seven f m h D two. So we can go

590
00:32:50,480 --> 00:32:57,240
Speaker 1: to tw of indoor dining with certain restrictions that will

591
00:32:57,880 --> 00:33:05,600
Speaker 1: uh be enacted on st That was Clomo Clomo, New

592
00:33:05,680 --> 00:33:09,560
Speaker 1: York Governor Andrew Cuomo saying that they still can't go

593
00:33:09,640 --> 00:33:13,040
Speaker 1: into a restaurant and up there in New York City

594
00:33:13,840 --> 00:33:17,960
Speaker 1: that they're moving to capacity of Kevin CURRELLI I'm the

595
00:33:18,040 --> 00:33:23,280
Speaker 1: chief Washington correspondent for Bloomberg Television and for Bloomberg Radio,

596
00:33:24,680 --> 00:33:27,160
Speaker 1: Republican and Cider Match slaps with us. Hey, Matt, you've

597
00:33:27,160 --> 00:33:30,440
Speaker 1: been to any restaurants in the Big Apple lately? No,

598
00:33:30,680 --> 00:33:32,360
Speaker 1: you know, I haven't even gone to the Big Apple.

599
00:33:32,960 --> 00:33:34,320
Speaker 1: I don't even know if I want to go. I

600
00:33:34,440 --> 00:33:37,800
Speaker 1: went by what is now renamed Black Lives Matter Plaza

601
00:33:37,920 --> 00:33:39,280
Speaker 1: right in front of the White House. And I just

602
00:33:39,360 --> 00:33:42,640
Speaker 1: felt sick about what's happening in these cities. I mean,

603
00:33:42,680 --> 00:33:45,640
Speaker 1: all those places I used to frequent or boarded up

604
00:33:45,720 --> 00:33:48,560
Speaker 1: people are going out of business. Um, this shutdown has

605
00:33:48,560 --> 00:33:51,760
Speaker 1: been incredibly harmful. And you know, red states are open

606
00:33:52,480 --> 00:33:55,960
Speaker 1: and uh, mostly blue cities are closed. And I think

607
00:33:56,000 --> 00:33:58,360
Speaker 1: for those people in those cities who have more common sense,

608
00:33:59,120 --> 00:34:01,560
Speaker 1: they realized, um, they might not get it all back

609
00:34:01,680 --> 00:34:03,600
Speaker 1: the way they had it before, especially with crime just

610
00:34:03,680 --> 00:34:06,800
Speaker 1: going off the charts, especially murders. That's the statusty. It's

611
00:34:06,840 --> 00:34:10,000
Speaker 1: not just crying, it's a so many murders and people

612
00:34:10,080 --> 00:34:12,680
Speaker 1: of color who are dead on the streets because you know,

613
00:34:12,760 --> 00:34:16,440
Speaker 1: cops heel on the defense, all right. Roger Roger, Democratic

614
00:34:16,480 --> 00:34:19,360
Speaker 1: strategist principle, Now a new day Roger. You're gonna go

615
00:34:19,440 --> 00:34:21,280
Speaker 1: and get a chicken farm up in the Big Apple.

616
00:34:22,640 --> 00:34:26,040
Speaker 1: I would love to, um when when when possible? I

617
00:34:26,120 --> 00:34:27,680
Speaker 1: think the last time I actually went up was to

618
00:34:27,760 --> 00:34:29,880
Speaker 1: do Fox then and then we got booted by a

619
00:34:29,920 --> 00:34:33,560
Speaker 1: White House press consequence, So the whole trip was for nothing. Um,

620
00:34:33,960 --> 00:34:36,800
Speaker 1: but no, this is this is tough and you know,

621
00:34:36,920 --> 00:34:39,319
Speaker 1: what you see is kind of the pluralism, right If

622
00:34:39,440 --> 00:34:41,759
Speaker 1: if you're going to be guided by local rules and

623
00:34:41,880 --> 00:34:44,200
Speaker 1: things like this and there, then there's gonna be different approaches.

624
00:34:44,560 --> 00:34:50,759
Speaker 1: But what we've seen actually and like the Sturgist bike rally,

625
00:34:50,840 --> 00:34:53,839
Speaker 1: which now is possibly the source of up to two

626
00:34:53,920 --> 00:34:56,759
Speaker 1: hundred thousand cases. But then also that I've been reading

627
00:34:56,840 --> 00:34:59,400
Speaker 1: articles about a church service in Frankfurt, Germany that a

628
00:34:59,480 --> 00:35:02,279
Speaker 1: hundred and seventeen people walked out of their six So

629
00:35:02,480 --> 00:35:06,480
Speaker 1: until we really know what what this means and how

630
00:35:06,640 --> 00:35:09,640
Speaker 1: far the reaches and whether or not infected people can

631
00:35:09,760 --> 00:35:12,959
Speaker 1: still get it once they have gotten better, and whether

632
00:35:13,040 --> 00:35:14,840
Speaker 1: or not they can still be carriers, and the carrying

633
00:35:14,920 --> 00:35:17,480
Speaker 1: capacity of children and things like that, we played this

634
00:35:17,640 --> 00:35:20,120
Speaker 1: fast and loose, and this has gotten us where we are,

635
00:35:20,520 --> 00:35:23,319
Speaker 1: where we're far outpacing the world in terms of death.

636
00:35:23,719 --> 00:35:27,600
Speaker 1: So I think, oddly enough, conservative approach to this is

637
00:35:27,840 --> 00:35:30,400
Speaker 1: actually the smart way to go. All right, So, so

638
00:35:30,640 --> 00:35:33,040
Speaker 1: Joe Biden was out in Michigan today and he was

639
00:35:33,080 --> 00:35:35,080
Speaker 1: talking about pretty much that. We were just talking about

640
00:35:35,120 --> 00:35:38,200
Speaker 1: the economy and whatnot. And you know, I was struck

641
00:35:38,280 --> 00:35:41,440
Speaker 1: by this, folks, because I'm a geopolitical nerd. I admitted,

642
00:35:41,480 --> 00:35:45,480
Speaker 1: I'm and and a French president, Emmanuel McCrone. It was

643
00:35:45,680 --> 00:35:48,759
Speaker 1: very progressive. Was asked about whether or not he was

644
00:35:48,800 --> 00:35:50,719
Speaker 1: going to reopen the if he had to reshut down

645
00:35:50,760 --> 00:35:52,680
Speaker 1: the economy, if he would do it, he actually said no.

646
00:35:53,280 --> 00:35:55,120
Speaker 1: And I read this and I thought, well, wait a minute,

647
00:35:55,160 --> 00:35:58,040
Speaker 1: that here's a guy who arguably is more liberal than Biden,

648
00:35:58,360 --> 00:36:00,160
Speaker 1: and he's saying that he wouldn't shut down on the

649
00:36:00,239 --> 00:36:03,200
Speaker 1: economy again. And then, of course Joe Biden has said

650
00:36:03,280 --> 00:36:05,640
Speaker 1: that that if the scientists said that that was something

651
00:36:05,680 --> 00:36:07,239
Speaker 1: he wanted to do, that he would do it. So

652
00:36:07,719 --> 00:36:11,080
Speaker 1: he was asked about the economy or he didn't was

653
00:36:11,120 --> 00:36:13,399
Speaker 1: asked about it. He was. He talked about it while

654
00:36:13,440 --> 00:36:15,200
Speaker 1: he was on the campaign trail in Michigan. Take a

655
00:36:15,280 --> 00:36:17,640
Speaker 1: listen to Joe Biden, the front runner right now, what

656
00:36:17,760 --> 00:36:20,360
Speaker 1: Joe Biden had to say about the economy speaking in Michigan.

657
00:36:20,440 --> 00:36:23,480
Speaker 1: Here he is, this is a recession created by Donald

658
00:36:23,520 --> 00:36:27,279
Speaker 1: Trump's negligence, and he is unfit for this job. Is

659
00:36:27,320 --> 00:36:30,120
Speaker 1: a consequence of it. So I want to go back

660
00:36:30,120 --> 00:36:32,600
Speaker 1: to you, Roger, because unemployment eight point four percent, we've

661
00:36:32,640 --> 00:36:36,120
Speaker 1: all been living through this devastating pandemic. When he says

662
00:36:36,160 --> 00:36:39,319
Speaker 1: it's it's it's the president's creating, I mean, what does

663
00:36:39,440 --> 00:36:43,440
Speaker 1: he mean, because I just I don't I don't think

664
00:36:43,520 --> 00:36:47,040
Speaker 1: any voter is blaming the pandemic. Maybe the handling of it,

665
00:36:47,160 --> 00:36:52,719
Speaker 1: that's one thing, But no one saw this pandemic coming well.

666
00:36:52,760 --> 00:36:55,480
Speaker 1: I mean, there were certainly indications as far back as December.

667
00:36:55,920 --> 00:36:58,480
Speaker 1: I've actually put together a tool that looks at the

668
00:36:58,640 --> 00:37:01,720
Speaker 1: rates that different countries are going through. It's called Trump

669
00:37:01,800 --> 00:37:05,160
Speaker 1: and Ghazi Meter dot com by the way, UM. But basically,

670
00:37:05,280 --> 00:37:07,920
Speaker 1: if you if you took the leadership of New Zealand

671
00:37:08,120 --> 00:37:12,200
Speaker 1: or Germany, UM or South Korea and just layered it

672
00:37:12,239 --> 00:37:14,959
Speaker 1: onto the United States that like being clear with people,

673
00:37:15,120 --> 00:37:18,879
Speaker 1: being honest with people, simple things like that, we would

674
00:37:18,880 --> 00:37:22,160
Speaker 1: have had probably somewhere between thirty to fifty thou deaths

675
00:37:22,360 --> 00:37:25,279
Speaker 1: rather than the you know, closing in on two D now.

676
00:37:25,760 --> 00:37:29,000
Speaker 1: So I don't think any responsible person is out there saying,

677
00:37:29,800 --> 00:37:32,759
Speaker 1: you know, this is all due to the president's you know,

678
00:37:32,920 --> 00:37:36,080
Speaker 1: candor or lack thereof, but the fact that we are

679
00:37:36,200 --> 00:37:39,239
Speaker 1: far outpacing the world in death. And I hear what

680
00:37:39,640 --> 00:37:41,759
Speaker 1: last said earlier, because I love history and you and

681
00:37:41,840 --> 00:37:45,480
Speaker 1: I Kevinali's end up speaking about it an FDR. This

682
00:37:45,600 --> 00:37:48,120
Speaker 1: would basically be like, you know, George Bushton go in

683
00:37:48,160 --> 00:37:49,960
Speaker 1: front of the American people and say, oh, there were

684
00:37:50,040 --> 00:37:53,400
Speaker 1: structural issues with the Twin Towers. He said, you know

685
00:37:53,560 --> 00:37:55,400
Speaker 1: that we were attacked, and here's who did it, and

686
00:37:55,480 --> 00:37:58,280
Speaker 1: here's what we're gonna do. So, you know, being straight

687
00:37:58,360 --> 00:38:00,680
Speaker 1: with people is not in a is sarily going to

688
00:38:00,719 --> 00:38:03,520
Speaker 1: be a direct line to panic, but being honest at

689
00:38:03,600 --> 00:38:06,560
Speaker 1: least arms the American people with information so that they

690
00:38:06,600 --> 00:38:09,320
Speaker 1: can go out and make better decisions, which clearly the

691
00:38:09,360 --> 00:38:11,320
Speaker 1: President was in a position to do in January and

692
00:38:11,360 --> 00:38:14,879
Speaker 1: februwhere okay, but that coming on the economy though, because

693
00:38:15,120 --> 00:38:18,279
Speaker 1: you know, specifically in terms of the economy, you know,

694
00:38:18,400 --> 00:38:21,320
Speaker 1: Leader McConnell's talking a minimum of five billion dollars in

695
00:38:21,400 --> 00:38:24,319
Speaker 1: terms of stimulus, Speaker Pelosi's somewhere like three or four

696
00:38:24,400 --> 00:38:27,640
Speaker 1: times that amount, upwards of a two trillion plus. Either way,

697
00:38:27,719 --> 00:38:29,640
Speaker 1: this is a massive amount of liquidity that could be

698
00:38:29,680 --> 00:38:33,000
Speaker 1: injected into the marketplace. But specifically, what I don't know

699
00:38:33,239 --> 00:38:35,879
Speaker 1: yet is what a Biden administration would do on day

700
00:38:35,960 --> 00:38:40,080
Speaker 1: one with regards to the economy and and I don't know.

701
00:38:40,160 --> 00:38:42,719
Speaker 1: I mean, I just don't. I don't really know what

702
00:38:42,880 --> 00:38:44,880
Speaker 1: they do. Do you know what they do? And I

703
00:38:44,960 --> 00:38:48,359
Speaker 1: want to say, Kevin, I'm not gonna argue to aggressively

704
00:38:48,520 --> 00:38:51,160
Speaker 1: with your characterization of yourself as a political geek. I

705
00:38:51,239 --> 00:38:54,560
Speaker 1: just want you to know that. But but it's pretty

706
00:38:54,560 --> 00:38:56,440
Speaker 1: obvious to me what they're going to do, because he's

707
00:38:56,440 --> 00:39:00,520
Speaker 1: already said it in his socialist manifesto written by any standers,

708
00:39:00,640 --> 00:39:03,480
Speaker 1: lists worn in the squad, of which you know. When

709
00:39:03,520 --> 00:39:05,960
Speaker 1: I love when people say, well, he's moderate, I'd love

710
00:39:06,000 --> 00:39:08,160
Speaker 1: to know one thing Biden was moderate on besides when

711
00:39:08,200 --> 00:39:10,880
Speaker 1: he ran as a pro lifer and within years changed

712
00:39:10,960 --> 00:39:14,240
Speaker 1: his position on guns and abortion to the more extreme

713
00:39:14,320 --> 00:39:16,920
Speaker 1: positions on the left. And he has said he is

714
00:39:17,000 --> 00:39:21,759
Speaker 1: putting into place all of these regulations that Obama put

715
00:39:21,840 --> 00:39:25,759
Speaker 1: on the economy which kept us from competing as aggressively

716
00:39:25,840 --> 00:39:28,440
Speaker 1: with the world as we might have had, a shedding

717
00:39:29,000 --> 00:39:32,000
Speaker 1: hundreds of thousands of manufacturing jobs, and he is basically

718
00:39:32,120 --> 00:39:35,640
Speaker 1: doubling down on the Obama approach to the economy. Now,

719
00:39:35,680 --> 00:39:38,560
Speaker 1: if everything goes well, we can have some tepid growth,

720
00:39:38,680 --> 00:39:40,640
Speaker 1: but we're never going to get it back like we

721
00:39:40,800 --> 00:39:44,000
Speaker 1: had with President Trump. Because what President Trump, which which

722
00:39:44,080 --> 00:39:47,560
Speaker 1: resulted in the lowest unemployment for African Americans and women

723
00:39:47,640 --> 00:39:50,279
Speaker 1: in Hispanics and all of these groups where people felt

724
00:39:50,360 --> 00:39:55,120
Speaker 1: much more optimistic about their economic choices. What happened is

725
00:39:55,239 --> 00:39:58,799
Speaker 1: that he pulled back from socialism. He pulled back from

726
00:39:58,800 --> 00:40:01,920
Speaker 1: the idea that Washington have to be involved in every

727
00:40:02,000 --> 00:40:04,360
Speaker 1: transaction and every single thing you want to do in

728
00:40:04,440 --> 00:40:07,400
Speaker 1: your business or on your land. And what happened as

729
00:40:07,400 --> 00:40:10,680
Speaker 1: a result is the economy boomed. And you know, on

730
00:40:10,760 --> 00:40:13,719
Speaker 1: this question of the virus, which I think is linked, um,

731
00:40:13,840 --> 00:40:16,120
Speaker 1: there's no question that China leashed this on the world.

732
00:40:16,200 --> 00:40:18,800
Speaker 1: So I agree. Just like George Bush said that that

733
00:40:18,960 --> 00:40:23,040
Speaker 1: the terrorists came after the towers, President Trump is been

734
00:40:23,120 --> 00:40:26,040
Speaker 1: very clear that China unleashed this on the world and

735
00:40:26,120 --> 00:40:28,279
Speaker 1: we're having to deal with the consequences. And as far

736
00:40:28,360 --> 00:40:31,279
Speaker 1: as every step he took, Tony Faucci said under oath

737
00:40:31,400 --> 00:40:34,399
Speaker 1: and all right, stay hold that for what's on your radar?

738
00:40:34,480 --> 00:40:36,200
Speaker 1: More coming up next. I gotta cut it off right

739
00:40:36,239 --> 00:40:37,719
Speaker 1: there for the break. This is Kevin's Earli you're listening

740
00:40:37,719 --> 00:40:43,560
Speaker 1: to Bloomberg NIGHTE and N one. This is Bloomberg Sound

741
00:40:43,640 --> 00:40:48,160
Speaker 1: on with Kevin Surley on Bloomberg and one All five

742
00:40:48,239 --> 00:40:51,480
Speaker 1: point seven f m h D two. I'm Kevin's really

743
00:40:51,560 --> 00:40:56,440
Speaker 1: chief Washington correspondent from Bloomberg Television and for Bloomberg Radio

744
00:40:56,800 --> 00:40:59,520
Speaker 1: r EP. Christine Morata just told me that next week

745
00:41:00,080 --> 00:41:03,279
Speaker 1: we're gonna interview Dr Mark Hyman. If you don't know

746
00:41:03,320 --> 00:41:06,680
Speaker 1: who he has, google them, because he is really driving

747
00:41:06,760 --> 00:41:08,960
Speaker 1: a lot of the conversation about health and wellness and

748
00:41:09,040 --> 00:41:14,399
Speaker 1: how eating healthy can actually help economy save help local

749
00:41:14,440 --> 00:41:18,160
Speaker 1: economy save money. I'm very excited to interview Dr Mark

750
00:41:18,400 --> 00:41:21,040
Speaker 1: Hyman next week, which is very timely given you know,

751
00:41:21,760 --> 00:41:24,560
Speaker 1: the whole pandemic. Earlier today, I was on Capitol Hill.

752
00:41:24,600 --> 00:41:26,719
Speaker 1: They let me out. I was on Capitol Hill and

753
00:41:26,960 --> 00:41:30,279
Speaker 1: my colleague Ben Brody, who covers all big technqus three

754
00:41:30,400 --> 00:41:34,440
Speaker 1: leading he reported this yesterday. Three leading Republican senators, one

755
00:41:34,480 --> 00:41:38,120
Speaker 1: of whom is Senator Marsha Blackburn, have introduced new legislation

756
00:41:38,200 --> 00:41:42,160
Speaker 1: that would attempt to prevent big tech companies from taking

757
00:41:42,280 --> 00:41:47,160
Speaker 1: down conservative speech on their platforms think Facebook. So earlier

758
00:41:47,200 --> 00:41:50,000
Speaker 1: today I talked about the legislation with Senator Blackburn, who

759
00:41:50,040 --> 00:41:54,360
Speaker 1: co chairs the Senate Judiciary Tech Task Force, take a

760
00:41:54,440 --> 00:41:58,840
Speaker 1: listen to our conversation. Senator Marshall Blackburn. You recently introduced

761
00:41:58,920 --> 00:42:02,759
Speaker 1: legislation with your public and colleagues that would really dramatically

762
00:42:02,920 --> 00:42:05,600
Speaker 1: take a look at Section to thirty and its impact

763
00:42:06,000 --> 00:42:09,879
Speaker 1: on free speech with big tech companies. What would it do? Yes,

764
00:42:10,200 --> 00:42:14,680
Speaker 1: And I have worked with Chairman Wicker at Commerce, Chairman

765
00:42:14,760 --> 00:42:18,120
Speaker 1: Graham at Judiciary. Of course I have a seat on

766
00:42:18,440 --> 00:42:22,040
Speaker 1: each of those committees, and I have led the Tech

767
00:42:22,440 --> 00:42:27,120
Speaker 1: Task Force working group at Judiciary Committee, and revisiting and

768
00:42:27,280 --> 00:42:30,800
Speaker 1: dealing with Section to thirty has been a priority. So

769
00:42:31,440 --> 00:42:35,560
Speaker 1: we know that you're not going to have alternatives to

770
00:42:35,680 --> 00:42:38,960
Speaker 1: these platforms until you deal with two thirty. We know

771
00:42:39,120 --> 00:42:43,560
Speaker 1: there's not going to be accountability for bias until you

772
00:42:43,760 --> 00:42:48,840
Speaker 1: reform Section to thirty. So what we've done is to

773
00:42:49,640 --> 00:42:54,080
Speaker 1: come to agreement on how you can reshape this and

774
00:42:54,280 --> 00:42:59,040
Speaker 1: reform it so that you preserve that competitive marketplace, so

775
00:42:59,200 --> 00:43:04,200
Speaker 1: that you don't overreach, but you have that accountability that

776
00:43:04,600 --> 00:43:10,040
Speaker 1: is necessary. Now. One of the things that we're doing

777
00:43:10,320 --> 00:43:15,840
Speaker 1: is removing that otherwise objectionable language that is what people

778
00:43:15,880 --> 00:43:20,080
Speaker 1: would say, well, they're subjective because they can hide behind

779
00:43:20,600 --> 00:43:25,400
Speaker 1: this as a shield. Also, what we have done is

780
00:43:25,600 --> 00:43:31,960
Speaker 1: to specify that that shield applies two platforms that have

781
00:43:32,160 --> 00:43:36,440
Speaker 1: restricted certain content. So there's a little bit of clarity

782
00:43:36,520 --> 00:43:43,279
Speaker 1: brought there. Now we have UM the content moderation. You've

783
00:43:43,320 --> 00:43:49,440
Speaker 1: got a reasonableness standard that comes into play there, objectively

784
00:43:50,080 --> 00:43:54,759
Speaker 1: reasonable UH standard that we would put in place, and

785
00:43:54,840 --> 00:44:03,440
Speaker 1: then defining and information content UM developer and provider, so

786
00:44:03,680 --> 00:44:07,279
Speaker 1: that you know who that standard is going to be

787
00:44:07,360 --> 00:44:13,920
Speaker 1: applying to your content creators, individuals, companies, people that are editorializing.

788
00:44:13,960 --> 00:44:19,400
Speaker 1: I mean, this is really right. Wasn't designed? That's right?

789
00:44:19,560 --> 00:44:25,520
Speaker 1: In the censorship uh and then also looking at how

790
00:44:25,640 --> 00:44:28,920
Speaker 1: you got into those third party comments the things that

791
00:44:29,040 --> 00:44:31,719
Speaker 1: we're done there. So it's important to go in and

792
00:44:31,840 --> 00:44:35,120
Speaker 1: bring this clarity to bear Wells is an uphill battle

793
00:44:35,160 --> 00:44:37,640
Speaker 1: with Democrats, but there's how significant is it to have

794
00:44:38,040 --> 00:44:41,120
Speaker 1: the three co sponsors of this legislation all coming together

795
00:44:41,520 --> 00:44:44,279
Speaker 1: and the Republican Senate to say this is where the

796
00:44:44,360 --> 00:44:47,080
Speaker 1: party is on this particular issue. Well, not only is

797
00:44:47,120 --> 00:44:50,600
Speaker 1: it the party, but and not only is it going

798
00:44:50,680 --> 00:44:52,600
Speaker 1: to be here in the Senate, this is going to

799
00:44:52,680 --> 00:44:56,600
Speaker 1: be filed in the House. And also we think that

800
00:44:56,719 --> 00:45:00,520
Speaker 1: we can get bipartisan support for this Everyone agrees that

801
00:45:00,680 --> 00:45:05,440
Speaker 1: big tech is overreaching. Everyone agrees that big tech brings

802
00:45:05,600 --> 00:45:08,640
Speaker 1: their bias to bear. That is why you want to

803
00:45:08,760 --> 00:45:13,040
Speaker 1: have this standard and put it in place, and why

804
00:45:13,160 --> 00:45:17,799
Speaker 1: you want to be able to say, look, we're going

805
00:45:17,880 --> 00:45:20,279
Speaker 1: to take out the nebulous language and we're going to

806
00:45:20,360 --> 00:45:24,399
Speaker 1: bring some specificity to it. If it is promoting self harm,

807
00:45:24,640 --> 00:45:30,080
Speaker 1: it is promoting terrorism, then putting those definitions in place,

808
00:45:30,200 --> 00:45:32,879
Speaker 1: getting that on paper, that's important to do. President Trump

809
00:45:32,920 --> 00:45:35,720
Speaker 1: tweeted about this just the other day. Yes, he tweeted directly,

810
00:45:35,760 --> 00:45:38,520
Speaker 1: it's a majority leader Mitch McConnell and said that, you know,

811
00:45:38,840 --> 00:45:42,160
Speaker 1: keep I'm paraphrasing, but get rid of Section two thirty. Well,

812
00:45:42,239 --> 00:45:44,840
Speaker 1: and I want to get rid of it. What you

813
00:45:44,920 --> 00:45:48,160
Speaker 1: want to do is to go in and modify it

814
00:45:48,400 --> 00:45:53,160
Speaker 1: so that it meets today's marketplace. When these companies were

815
00:45:53,320 --> 00:45:58,480
Speaker 1: in their infancy, they needed those protections. Now they are

816
00:45:58,640 --> 00:46:02,880
Speaker 1: using that liability shield, kind of hiding behind the skirts,

817
00:46:03,000 --> 00:46:07,279
Speaker 1: if you will. And what they are doing is saying, oh,

818
00:46:07,400 --> 00:46:11,680
Speaker 1: you can't come get us. Well, we have decided that

819
00:46:12,200 --> 00:46:17,960
Speaker 1: we think this is objectionable. So therefore you put in

820
00:46:18,040 --> 00:46:24,000
Speaker 1: the specificity. Therefore you take away that nebulous language, and

821
00:46:24,560 --> 00:46:27,840
Speaker 1: you began to say, no, this is going to be

822
00:46:27,960 --> 00:46:32,080
Speaker 1: a content creator. This is going to be content moderation.

823
00:46:32,800 --> 00:46:36,400
Speaker 1: This is going to be who has liability protection? And

824
00:46:36,560 --> 00:46:39,239
Speaker 1: that is what this is. The President for this. Uh,

825
00:46:39,480 --> 00:46:41,799
Speaker 1: we haven't been in touch with the White House. They

826
00:46:41,880 --> 00:46:44,480
Speaker 1: have supported doing something with this. We've talked to d

827
00:46:44,600 --> 00:46:48,400
Speaker 1: o J about how do we go about this process

828
00:46:49,040 --> 00:46:54,960
Speaker 1: of bringing this specific language, the specific definitions, and um

829
00:46:55,520 --> 00:46:59,399
Speaker 1: bringing clarity. And just one final topic, just on US China.

830
00:46:59,560 --> 00:47:02,000
Speaker 1: There's been so much about the supply chains as it

831
00:47:02,120 --> 00:47:06,279
Speaker 1: relates to biotech and pharmaceuticals. Clearly right now with the

832
00:47:06,360 --> 00:47:11,520
Speaker 1: vaccination push really wrapping up, You've introduced legislation in the

833
00:47:11,560 --> 00:47:14,120
Speaker 1: past that would seek to diversify the U S supply

834
00:47:14,280 --> 00:47:18,279
Speaker 1: chain on pharmaceuticals. But is the current US supply chain

835
00:47:18,360 --> 00:47:21,920
Speaker 1: prepared and ready for the increase in vaccination push that

836
00:47:22,080 --> 00:47:24,600
Speaker 1: is coming and what can the United States do to

837
00:47:24,719 --> 00:47:29,160
Speaker 1: protect its supply chains from international competitors and adversaries. Is

838
00:47:29,280 --> 00:47:32,320
Speaker 1: one of the things I really appreciate about President Trump.

839
00:47:33,040 --> 00:47:38,400
Speaker 1: When federal agencies were moving too slowly for him, what

840
00:47:38,560 --> 00:47:41,920
Speaker 1: did he do? He called the private sector to the

841
00:47:42,000 --> 00:47:45,520
Speaker 1: White House. He said ventilators, who can do ventilators, who

842
00:47:45,560 --> 00:47:48,719
Speaker 1: can do face shields, who can make ppe, who can

843
00:47:48,880 --> 00:47:54,080
Speaker 1: get products to the American consumer, who can get in

844
00:47:54,200 --> 00:47:57,360
Speaker 1: here and work on this vaccine. We're going to do

845
00:47:57,560 --> 00:48:01,719
Speaker 1: operation warp speed and they've done it. And whether it

846
00:48:01,920 --> 00:48:05,400
Speaker 1: is any virals that can be used or whether it

847
00:48:05,560 --> 00:48:08,360
Speaker 1: is a vaccine, and we've got three that are in

848
00:48:08,480 --> 00:48:11,920
Speaker 1: clinical trials, what do you have. You have people trying

849
00:48:12,000 --> 00:48:15,800
Speaker 1: to solve a problem when federal agencies get out of

850
00:48:15,840 --> 00:48:18,799
Speaker 1: the way and work with the private sector. When they're

851
00:48:18,920 --> 00:48:24,160
Speaker 1: saying we want to solve this problem. The American people

852
00:48:24,200 --> 00:48:30,040
Speaker 1: are saying, solve this This is a virus that is

853
00:48:30,320 --> 00:48:34,160
Speaker 1: not only deadly, it is extremely contagious. We do not

854
00:48:34,360 --> 00:48:37,360
Speaker 1: have anything in the supply chain that will address it.

855
00:48:37,880 --> 00:48:41,239
Speaker 1: So companies are saying, we want to bring our production

856
00:48:41,320 --> 00:48:46,120
Speaker 1: back state side, especially for these active pharmaceutical ingredients. We

857
00:48:46,440 --> 00:48:49,680
Speaker 1: want to train a workforce, and that is why the

858
00:48:49,760 --> 00:48:52,719
Speaker 1: sam C Bill and the money that we have there

859
00:48:52,800 --> 00:48:56,719
Speaker 1: for training this workforce is essential. And then people are saying, hey,

860
00:48:56,760 --> 00:48:59,880
Speaker 1: wait a minute, I remember when we started this stock

861
00:49:00,080 --> 00:49:03,359
Speaker 1: pile and it seemed to be going. President Bush had

862
00:49:03,400 --> 00:49:05,680
Speaker 1: put a lot into it, and then it kind of

863
00:49:05,880 --> 00:49:08,600
Speaker 1: leveled off, didn't get a lot of attention during the

864
00:49:08,800 --> 00:49:15,080
Speaker 1: Obama Biden years, and now it is a priority to

865
00:49:15,239 --> 00:49:18,759
Speaker 1: make certain that we are ready to protect ourselves and

866
00:49:18,920 --> 00:49:23,480
Speaker 1: that we are not vulnerable and being held hostage by

867
00:49:24,280 --> 00:49:27,880
Speaker 1: countries like China. That's going to be fascinating and regardless

868
00:49:27,920 --> 00:49:30,000
Speaker 1: of who wins on November three, will be fascinating to

869
00:49:30,040 --> 00:49:32,600
Speaker 1: see just the restructuring of these supply chain Senator Marsha

870
00:49:32,640 --> 00:49:36,360
Speaker 1: Blood and the restructuring of our relationship with China. That

871
00:49:36,600 --> 00:49:41,319
Speaker 1: was my conversation from earlier today was Senator Marsha Blackburn,

872
00:49:41,840 --> 00:49:44,960
Speaker 1: a Republican from Tennessee. I should note that was a

873
00:49:45,000 --> 00:49:49,960
Speaker 1: conversation that occurred before the Woodword book came out or

874
00:49:50,040 --> 00:49:53,600
Speaker 1: the tapes of whatnot from the Woodword book coming up.

875
00:49:53,680 --> 00:49:56,640
Speaker 1: What's on match Lap in Roger Fisk's radar, I'll tell

876
00:49:56,640 --> 00:49:59,400
Speaker 1: you what's on my radar as well. Download the Bloomberg

877
00:49:59,480 --> 00:50:03,080
Speaker 1: Sound On podcast on Apple iTunes, at Bloomberg dot com,

878
00:50:03,400 --> 00:50:06,600
Speaker 1: or by downloading the Bloomberg Business App. You can also

879
00:50:06,719 --> 00:50:11,080
Speaker 1: find me on Radio dot com, I Heart Radio, and Spotify.

880
00:50:11,880 --> 00:50:14,920
Speaker 1: Lots more coming up next, and I should note just

881
00:50:15,040 --> 00:50:18,000
Speaker 1: more about what Biden said in Michigan. He had said,

882
00:50:18,719 --> 00:50:24,160
Speaker 1: has been following this story, he said, Uh, essentially quotes

883
00:50:25,080 --> 00:50:27,840
Speaker 1: he knew how deadly it was. He knowingly and willingly

884
00:50:28,080 --> 00:50:31,520
Speaker 1: lied about the threat of it posed for months end quote.

885
00:50:31,680 --> 00:50:35,560
Speaker 1: White House pushing back hard, very hard against that characterization.

886
00:50:35,600 --> 00:50:38,400
Speaker 1: Where next time, Kevin Sireli, chief Washington correspondent for Bloomberg

887
00:50:38,400 --> 00:50:54,920
Speaker 1: TV and Radio. You're listening to Bloomberg. This is Bloomberg

888
00:50:55,160 --> 00:50:59,840
Speaker 1: Sound On with Kevin on Bloomberg and what all. If

889
00:51:02,480 --> 00:51:05,520
Speaker 1: I'm Kevin serially, I'm the chief Washington correspondent for Bloomberg

890
00:51:06,000 --> 00:51:09,200
Speaker 1: Television and for Bloomberg Radio. You remember you can check

891
00:51:09,200 --> 00:51:12,160
Speaker 1: out all of our interviews online or on the Bloomberg terminal,

892
00:51:12,280 --> 00:51:16,839
Speaker 1: or however you consume you're Bloomberg Information. It's time now

893
00:51:17,080 --> 00:51:19,719
Speaker 1: for my favorite part of the show, which is what

894
00:51:20,000 --> 00:51:22,520
Speaker 1: is on your radar? Yesterday I told you what was

895
00:51:22,560 --> 00:51:24,640
Speaker 1: on my radar, and I just want to because it

896
00:51:24,760 --> 00:51:27,280
Speaker 1: is my show. I want to say that it bears repeating.

897
00:51:27,320 --> 00:51:31,080
Speaker 1: Those California wildfires now setting a record for the most

898
00:51:31,280 --> 00:51:36,080
Speaker 1: blazes two point two million acres burning in California. A

899
00:51:36,239 --> 00:51:40,600
Speaker 1: really horrific, horrific story. Uh. And of course we're all

900
00:51:40,640 --> 00:51:46,080
Speaker 1: thinking about cal uh, California, and hope hoping that that

901
00:51:46,280 --> 00:51:48,640
Speaker 1: that that ends and ends relatively soon. So that was

902
00:51:48,640 --> 00:51:50,600
Speaker 1: from yesterday, but I did think that it bears repeating.

903
00:51:50,680 --> 00:51:53,080
Speaker 1: Is that becomes more of a story that we're gonna

904
00:51:53,080 --> 00:51:56,760
Speaker 1: be talking about unfortunately for the next couple of weeks.

905
00:51:56,800 --> 00:51:58,400
Speaker 1: All right, So Roger Fiske is on the line. He's

906
00:51:58,440 --> 00:52:01,720
Speaker 1: a Democratic strategist, longtime President Obama AID and a principle

907
00:52:02,000 --> 00:52:04,279
Speaker 1: of New Day strategy. Match Slap is also with us.

908
00:52:04,320 --> 00:52:07,279
Speaker 1: He as the chairman of the American Conservative Union. I

909
00:52:07,440 --> 00:52:11,200
Speaker 1: like things in the weeds and obscure. So Roger, I'm

910
00:52:11,239 --> 00:52:15,000
Speaker 1: gonna ask you first, what is on your radar? Okay?

911
00:52:15,160 --> 00:52:17,400
Speaker 1: I always uh, I always try to come up with

912
00:52:17,480 --> 00:52:19,960
Speaker 1: something for you. I try to lean economic, but this

913
00:52:20,040 --> 00:52:22,080
Speaker 1: week it's definitely not. So I get a lot of

914
00:52:22,120 --> 00:52:25,120
Speaker 1: these kind of this day in history emails, right, and

915
00:52:25,200 --> 00:52:28,080
Speaker 1: then on a on a good day, I can connect

916
00:52:28,120 --> 00:52:30,399
Speaker 1: a couple of dots amongst them, And on a really

917
00:52:30,480 --> 00:52:32,839
Speaker 1: good day, I can even connect some of the dots

918
00:52:32,920 --> 00:52:34,400
Speaker 1: to World War One. So I'm gonna see if I

919
00:52:34,440 --> 00:52:36,719
Speaker 1: can do this here. Maybe you'll enjoy it. Maybe Matt

920
00:52:36,760 --> 00:52:40,400
Speaker 1: Will will create so on this day in nine, a

921
00:52:40,440 --> 00:52:43,239
Speaker 1: guy named John Herschel came up with the technology for

922
00:52:43,600 --> 00:52:48,040
Speaker 1: photography onto glass plates. Okay, so then that was the

923
00:52:48,120 --> 00:52:50,919
Speaker 1: main way that this country captured images from the Civil War.

924
00:52:51,440 --> 00:52:53,560
Speaker 1: And this enterprising guy, I don't have the book in

925
00:52:53,600 --> 00:52:55,120
Speaker 1: front of me, so I don't remember his name, But

926
00:52:55,239 --> 00:52:58,480
Speaker 1: this enterprising guy went around the South and bought up

927
00:52:58,560 --> 00:53:01,840
Speaker 1: these glass photo was for pennies and a mass a

928
00:53:01,920 --> 00:53:04,480
Speaker 1: collection of hundreds of thousands of them. He found a

929
00:53:04,520 --> 00:53:09,719
Speaker 1: way to scrape the silver um the silver nitrate off

930
00:53:09,800 --> 00:53:12,800
Speaker 1: it and sell it to chemical companies. Fast forward to

931
00:53:12,840 --> 00:53:16,879
Speaker 1: World War One and a defense contractor needs to start

932
00:53:16,960 --> 00:53:19,560
Speaker 1: making gas masks similar to the situation we're in something

933
00:53:19,640 --> 00:53:22,960
Speaker 1: now somewhat, and they start scouring the American landscape for

934
00:53:23,080 --> 00:53:26,160
Speaker 1: the things that can serve as the window panes in

935
00:53:26,560 --> 00:53:29,719
Speaker 1: gas masks. They hear about this old collector, they get

936
00:53:29,760 --> 00:53:31,840
Speaker 1: in touch with them, and then the YadA, YadA YadA.

937
00:53:32,280 --> 00:53:36,200
Speaker 1: That's how glass photographs from the Civil War end up

938
00:53:36,239 --> 00:53:39,440
Speaker 1: being the glass panes in gas masks in World War One,

939
00:53:39,680 --> 00:53:42,239
Speaker 1: all because of technology that came out on this day

940
00:53:42,600 --> 00:53:45,800
Speaker 1: in eighteen thirty nine. I love that. I love that

941
00:53:45,920 --> 00:53:47,800
Speaker 1: it reminds me of one of my might like it no,

942
00:53:47,880 --> 00:53:49,680
Speaker 1: because it reminds me one of my favorite stories. And

943
00:53:49,760 --> 00:53:52,600
Speaker 1: I feel like the thread for this show has been

944
00:53:52,719 --> 00:53:55,480
Speaker 1: history because of we had Chairman Peon, who's the chairman

945
00:53:55,520 --> 00:53:58,040
Speaker 1: of the National Endowment for Humanities, which at the top

946
00:53:58,080 --> 00:54:00,440
Speaker 1: of the show earlier on the program, and you know,

947
00:54:00,520 --> 00:54:02,400
Speaker 1: and I am a huge doork when it comes to

948
00:54:02,480 --> 00:54:04,360
Speaker 1: this stuff. But one of my favorite stories is actually

949
00:54:04,360 --> 00:54:08,000
Speaker 1: about the invention of radio, which is Reginald Fascending. He

950
00:54:08,400 --> 00:54:12,960
Speaker 1: was back in the late eighteen hundreds early nineteen hundreds.

951
00:54:13,320 --> 00:54:16,239
Speaker 1: He is responsible in the year nineteen hundred for the

952
00:54:16,320 --> 00:54:20,279
Speaker 1: first transmission of speech by radio and in nineteen oh

953
00:54:20,480 --> 00:54:24,040
Speaker 1: six the first two way radio telegraphic communication. I know

954
00:54:24,120 --> 00:54:26,480
Speaker 1: this sounds really really weird, but the reason is is

955
00:54:26,520 --> 00:54:29,600
Speaker 1: because radio technology was originally created for the military, and

956
00:54:29,680 --> 00:54:31,959
Speaker 1: a lot of folks in the world thought, why would

957
00:54:32,040 --> 00:54:37,320
Speaker 1: anyone want to use this other than for war? And

958
00:54:37,400 --> 00:54:39,120
Speaker 1: he looked at the world and said, why would you

959
00:54:39,160 --> 00:54:40,719
Speaker 1: want to make war when you can make music? And

960
00:54:40,760 --> 00:54:44,480
Speaker 1: the first song ever broadcast on radio, ever, ever, ever, ever,

961
00:54:45,040 --> 00:54:47,879
Speaker 1: was my favorite Christmas song, Oh Holy Night. So that's

962
00:54:47,880 --> 00:54:49,360
Speaker 1: what that made me think of all right, that's a

963
00:54:49,400 --> 00:54:51,920
Speaker 1: good radar thing. What is all your radar match slat?

964
00:54:53,400 --> 00:54:57,239
Speaker 1: It's uh okay. So I'm on the Trump bus tour

965
00:54:57,760 --> 00:55:02,920
Speaker 1: driving around Iowa, and we left Mason City, Iowa. And

966
00:55:03,120 --> 00:55:05,719
Speaker 1: Mason City is interesting. I had no idea you were

967
00:55:05,760 --> 00:55:08,320
Speaker 1: going to spring this segment on me, so I'm really winging.

968
00:55:08,360 --> 00:55:12,040
Speaker 1: You know, Mason City, Iowa is the home of the

969
00:55:12,120 --> 00:55:14,719
Speaker 1: person who wrote the music Man and also the home

970
00:55:15,320 --> 00:55:19,400
Speaker 1: of the Frank Lloyd Right Museum. So in the smack

971
00:55:19,480 --> 00:55:22,439
Speaker 1: dab in the middle of the country you run into

972
00:55:23,200 --> 00:55:25,320
Speaker 1: but darned just the most interesting of things. And the

973
00:55:25,400 --> 00:55:28,839
Speaker 1: town has a lot of really great Frank Lloyd Right architecture.

974
00:55:28,920 --> 00:55:32,440
Speaker 1: Who's on the bus with you, Matt Matt Whitaker, the

975
00:55:32,520 --> 00:55:38,040
Speaker 1: former acting Attorney General uh Penny Nance who runs a

976
00:55:38,120 --> 00:55:41,080
Speaker 1: great group called Concerned Women for America, and a whole

977
00:55:41,080 --> 00:55:44,040
Speaker 1: bunch of great members of the Trump campaign. See. I

978
00:55:44,160 --> 00:55:47,160
Speaker 1: find this remarkable because you guys have been criss crossing

979
00:55:47,239 --> 00:55:49,680
Speaker 1: the country and whatnot, and Democrats have been doing that

980
00:55:49,719 --> 00:55:51,480
Speaker 1: as well, but you guys have been doing it, you

981
00:55:51,560 --> 00:55:53,839
Speaker 1: know much more. I would are I think objectively say

982
00:55:53,880 --> 00:55:57,640
Speaker 1: aggressively in terms of hit knocking on doors and whatnot?

983
00:55:57,960 --> 00:56:00,600
Speaker 1: What are you Iowa is such a crucial Senate race,

984
00:56:00,680 --> 00:56:03,279
Speaker 1: So let's broaden this conversation out because in terms of

985
00:56:03,320 --> 00:56:06,200
Speaker 1: the Senate race, with Joanie Earnest up for re election

986
00:56:06,239 --> 00:56:09,719
Speaker 1: against the Teresa Greenfield, so goes the Iowa Senate race,

987
00:56:09,800 --> 00:56:12,800
Speaker 1: so may go control of the Senate. What have you

988
00:56:12,880 --> 00:56:15,680
Speaker 1: been gathering out there on the campaign trail as a

989
00:56:15,880 --> 00:56:19,200
Speaker 1: as a Republican operative. Well, I've been to a lot

990
00:56:19,280 --> 00:56:23,839
Speaker 1: of these states, having come back from recently Nevada. We're

991
00:56:23,880 --> 00:56:26,480
Speaker 1: in Wisconsin, We're gonna be off to Pennsylvania having your

992
00:56:26,480 --> 00:56:30,000
Speaker 1: seed pack. And I think what's interesting is that the

993
00:56:30,160 --> 00:56:33,719
Speaker 1: narrative in Washington is that Senate Republicans be defined a

994
00:56:33,760 --> 00:56:37,000
Speaker 1: way to distance themselves from Trump in order to keep

995
00:56:37,040 --> 00:56:39,439
Speaker 1: the Senate. But what I find on the ground, maybe

996
00:56:39,520 --> 00:56:43,320
Speaker 1: except for Maine with Susan Collins, is exactly the opposite.

997
00:56:43,400 --> 00:56:49,920
Speaker 1: People like Martha McSally and Joanie Earnest, Tom Tillis, Steve Danes.

998
00:56:50,560 --> 00:56:52,719
Speaker 1: Their goal is for Trump to do, first of all,

999
00:56:52,760 --> 00:56:56,239
Speaker 1: as well as the Canada state, and for them don't.

1000
00:56:56,360 --> 00:56:58,759
Speaker 1: They won't perform as well as Trump, but they want

1001
00:56:58,800 --> 00:57:01,480
Speaker 1: to be in the vicinity Trump. And if they are

1002
00:57:01,680 --> 00:57:06,759
Speaker 1: they'll win. So it's interesting that the the the fortunes

1003
00:57:06,800 --> 00:57:09,560
Speaker 1: of a lot of these Senate candidates are tied to

1004
00:57:09,680 --> 00:57:13,080
Speaker 1: Trump and they're not actually not overperforming Trump, which is

1005
00:57:13,160 --> 00:57:17,000
Speaker 1: different from what you will learn in the idle gossip

1006
00:57:17,320 --> 00:57:20,480
Speaker 1: around washing in DC cocktail parties, which actually aren't happening

1007
00:57:20,480 --> 00:57:23,400
Speaker 1: anymore because everyone in their basement still in Washington. Well

1008
00:57:23,480 --> 00:57:25,360
Speaker 1: do you, I mean, based upon the polls, I mean,

1009
00:57:25,360 --> 00:57:27,320
Speaker 1: there was an NBC Maris pole that came out of

1010
00:57:27,400 --> 00:57:30,200
Speaker 1: Pennsylvania has the president trailing my nine percentage points. But

1011
00:57:30,280 --> 00:57:32,280
Speaker 1: give us a little bit of behind the scenes when

1012
00:57:32,280 --> 00:57:34,680
Speaker 1: you're talking to folks and you guys are having your

1013
00:57:34,720 --> 00:57:38,480
Speaker 1: strategy sessions, Matt, I mean, where is the path narrowing?

1014
00:57:38,640 --> 00:57:40,880
Speaker 1: Or do you how confident are you? Where? Where are

1015
00:57:40,960 --> 00:57:43,440
Speaker 1: you right now? Well, when you're on the ground, it's

1016
00:57:43,440 --> 00:57:47,360
Speaker 1: always easier right to ascertain what's happening. And it's hard

1017
00:57:47,440 --> 00:57:52,040
Speaker 1: to see in most of these battleground states where Trump

1018
00:57:52,080 --> 00:57:55,320
Speaker 1: would have lost a lot of votes, it's easier to

1019
00:57:55,480 --> 00:57:59,280
Speaker 1: see that he's unified Republicans, not swamp Republicans, not New

1020
00:57:59,320 --> 00:58:02,960
Speaker 1: York City or because but you know, Republicans in these

1021
00:58:03,000 --> 00:58:05,880
Speaker 1: battleground states they're very unified, more unified than they were

1022
00:58:05,960 --> 00:58:09,080
Speaker 1: when I was working for President Push in the early

1023
00:58:09,160 --> 00:58:12,240
Speaker 1: two thousand's, and he gets a lot more crossover. You know,

1024
00:58:12,400 --> 00:58:16,080
Speaker 1: you go to these Trump events, are significant number of Democrats,

1025
00:58:16,120 --> 00:58:18,760
Speaker 1: a lot of diverse people, and people that have the

1026
00:58:18,880 --> 00:58:21,680
Speaker 1: names on the fronts of the shirts. And uh, you know,

1027
00:58:21,880 --> 00:58:25,320
Speaker 1: that's a little bit of a new phenomenon in Republican politics.

1028
00:58:25,400 --> 00:58:27,160
Speaker 1: I'd say when it comes to the polls, Kevin and

1029
00:58:27,240 --> 00:58:29,440
Speaker 1: you you studied these polls. For instance, there was a

1030
00:58:29,480 --> 00:58:32,480
Speaker 1: Marquette University poll that just came out of Wisconsin that

1031
00:58:32,600 --> 00:58:35,360
Speaker 1: shows Biden up four Well, of course the market University

1032
00:58:35,440 --> 00:58:39,880
Speaker 1: poll has been wildly out of whack with reality. When

1033
00:58:39,920 --> 00:58:42,960
Speaker 1: I see Trump down five points or less in a

1034
00:58:43,040 --> 00:58:47,800
Speaker 1: lot of these polls, that it's underperformed with Republican voters, um,

1035
00:58:48,160 --> 00:58:50,400
Speaker 1: that feel pretty good about our chances. And I and

1036
00:58:50,480 --> 00:58:52,440
Speaker 1: I know that when you talk to people on the

1037
00:58:52,480 --> 00:58:56,480
Speaker 1: ground in Wisconsin, in Pennsylvania, they feel like there's more enthusiasm,

1038
00:58:56,880 --> 00:59:00,840
Speaker 1: more volunteers. Uh, you know, it's if they don't want

1039
00:59:00,880 --> 00:59:02,520
Speaker 1: to talk to polsters. And I think it's gonna be

1040
00:59:02,520 --> 00:59:04,200
Speaker 1: hard for a lot of these fowling firms to pick

1041
00:59:04,240 --> 00:59:05,960
Speaker 1: it up, all right, So I want to thank Matt,

1042
00:59:06,000 --> 00:59:07,760
Speaker 1: I want to thank Roger. Here's what's on my radar.

1043
00:59:08,360 --> 00:59:10,280
Speaker 1: It was in the Wall Street Journal today when COVID

1044
00:59:10,400 --> 00:59:13,320
Speaker 1: nineteen struck, the US was already in the grip of

1045
00:59:13,400 --> 00:59:16,240
Speaker 1: an expanding drug overdose crisis. It has only gotten worse

1046
00:59:16,280 --> 00:59:18,280
Speaker 1: since then. That's the lead in the Journal on the

1047
00:59:18,400 --> 00:59:21,680
Speaker 1: nation's opioid crisis. We don't have the data for this year,

1048
00:59:21,800 --> 00:59:24,440
Speaker 1: but last year there was a likely record number of

1049
00:59:24,560 --> 00:59:28,240
Speaker 1: deadly overdoses, just overdoses in the US, with more than

1050
00:59:28,360 --> 00:59:31,800
Speaker 1: seventy two thousand people who died. Uh. And this is

1051
00:59:31,800 --> 00:59:36,120
Speaker 1: according to federal projections. And obviously as a result of

1052
00:59:36,560 --> 00:59:41,040
Speaker 1: the lockdowns and and folks living uh in in um

1053
00:59:41,880 --> 00:59:45,560
Speaker 1: and you know, isolation, this has been you know, exacerbated

1054
00:59:46,000 --> 00:59:48,320
Speaker 1: uh this year alone. So unfortunately it's a it's a

1055
00:59:48,400 --> 00:59:51,560
Speaker 1: very grim picture. But we could actually, folks be on

1056
00:59:51,720 --> 00:59:54,280
Speaker 1: record to set another record as it relates to the

1057
00:59:54,360 --> 00:59:58,160
Speaker 1: opioid crisis. This should be a unifying issue. Hopefully it

1058
00:59:58,200 --> 01:00:00,920
Speaker 1: will become one. I'm Kevin sireli Chi, Washington correspondent for

1059
01:00:00,960 --> 01:00:03,680
Speaker 1: Bloomberg Television and for Bloomberg Radio. Thank you so much.

1060
01:00:03,720 --> 01:00:06,280
Speaker 1: For spending time with me and listening. I'll check in

1061
01:00:06,480 --> 01:00:11,360
Speaker 1: with you tomorrow on Bloomberg m