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Speaker 1: Live from our nation's camera. This budget thing is going

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Speaker 1: to do nothing space forts. I still think it's interesting

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Speaker 1: President Trump not playing his cards yet. Headlines policy and

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Speaker 1: politics colliding Floomberg Sound On, the Insiders, the influencers, the insides.

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Speaker 1: I would rather see a congressional solution. It's part of

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Speaker 1: my DNA. The Senate map in looks a lot different

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Speaker 1: than it looked in. You really have a divide within

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Speaker 1: Team Trump. The present has to do exactly what people

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Speaker 1: send him here to do, which is to get it done.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirling on Bloomberg

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Speaker 1: one and one oh five point seven fm h D two.

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Speaker 1: I'm June Grassos sitting in for Kevin. So really well.

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Speaker 1: How Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell

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Speaker 1: starting off the year locked in a stare down over

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Speaker 1: the terms of President Trump's impeachment trial, the political risks

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Speaker 1: for both sides. The FDA is banning fruit and mint

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Speaker 1: flavors of east cigarettes, but not tobacco or mental flavors.

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Speaker 1: Is that the answer to the epidemic of underage vaping?

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Speaker 1: And another Democratic candidate drops out of the race, shrinking

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Speaker 1: the field of candidates to fourteen, still a large number. Well.

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Speaker 1: East cigarettes have been blamed for an epidemic of underage vaping,

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Speaker 1: and today the federal government announced that it would ban

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Speaker 1: fruit and men flavors of East cigarettes. Here's Health and

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Speaker 1: Human Services Secretary Alexaser, President Trump, and America's public health

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Speaker 1: officials will not stand idly by as a new generation

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Speaker 1: of Americans becomes addicted to tobacco products and nicotine. Joining

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Speaker 1: me is Jackie Lee, Bloomberg Law reporter. So Jackie, tell

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Speaker 1: us what is and what is not covered under this

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Speaker 1: new band. So what what is covered under the ban is,

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Speaker 1: like you said, fruit and mental um flavors in cartridge

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Speaker 1: based e cigarettes. So that means that there this is

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Speaker 1: a pretty large exemption for what's called open tank systems

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Speaker 1: and for vape shops where people go in and they

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Speaker 1: mix their flavors themselves, they mix in the nicotine themselves. Um.

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Speaker 1: It's also not entirely clear whether or not it looks

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Speaker 1: like other combustible disposable products are also going to be exempt. Um.

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Speaker 1: Some people have raised concerns about that through the footnotes

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Speaker 1: and some of the guidance. So it's actually a pretty

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Speaker 1: large exemption that's been carved out. So in September, ASAR

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Speaker 1: had initially proposed a far reaching ban on all flavored

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Speaker 1: vaping products with the exception of those that taste like tobacco.

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Speaker 1: Was it lobbying pressure that led to this scale down ban?

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Speaker 1: There is definitely a lot of pressure from the industry

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Speaker 1: to scale it down. UM. Also, the we vape we

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Speaker 1: vote block is very vocal, especially online UM and there

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Speaker 1: was a large outpouring of criticism from adults who have

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Speaker 1: switched from combustible tobacco to e cigarettes, saying that, you know,

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Speaker 1: without the flavors, they would just go back to regular

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Speaker 1: combustible e cigarettes. There was also a huge backlash against

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Speaker 1: the small business community. This is an industry. Vape shops

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Speaker 1: are are one of the small business communities that have

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Speaker 1: grown significantly under this administration, and so there was a

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Speaker 1: lot of pressure both from the tobacco industry and from

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Speaker 1: small businesses to kind of curb back that initially aggressive

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Speaker 1: flavor band. So are any health organizations saying whether they

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Speaker 1: approve of this limited ban or whether they think that

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Speaker 1: only an expansive ban will help. So, the American Academy

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Speaker 1: of Pediatrics, the American Cancer Society, American Heart Association, you know,

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Speaker 1: Campaign for Tobacco Free Kids. All groups like that are

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Speaker 1: really pushing back against this. UM. This what they call

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Speaker 1: a watered down ban. UM. They are now really asking

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Speaker 1: for parents to step in and really push for change.

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Speaker 1: They're they're pushing for states and cities to implement their

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Speaker 1: own bands that the federal government won't do it. UM. Democrats,

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Speaker 1: including you know, Senator Patty Murray, has come out and

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Speaker 1: said that this just doesn't go far enough. So there's

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Speaker 1: definitely a critical group of this band. So several cities

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Speaker 1: have moved to curb flavored uh e Cigarettes, flavored vape products.

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Speaker 1: Has that Has that been successful? So there have been

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Speaker 1: um some efforts on a local level to cut back

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Speaker 1: on how teams can access these products. UM, but it's

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Speaker 1: not the bands aren't uh consistent state to state or

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Speaker 1: even city to city. UM. It's kind of too soon

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Speaker 1: to say whether or not they've been completely effective. UM.

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Speaker 1: Some of the bands also exclude mental products as well, UM,

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Speaker 1: which is a huge criticism of of this federal band. UH.

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Speaker 1: So it's it's really too soon to say whether or

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Speaker 1: not this has had the hopeful expectation to really cut

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Speaker 1: down on team youth. And finally, what are the penalties here?

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Speaker 1: So the FDA says that it will, um, it'll consider

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Speaker 1: enforcement action against companies, um after that that continue to

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Speaker 1: sell products that are fruity or minty after thirty days

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Speaker 1: once this guidance is posted in the Federal Register, which

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Speaker 1: is expected early next week. UM. So the enforcement action

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Speaker 1: is is could be through something like a warning letter

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Speaker 1: or eventually, um, you know, having that product taken off

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Speaker 1: the market. All right, thanks so much, Jackie. That's Jackie Lee,

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Speaker 1: Bloomberg law reporter, and this disclaimer. Michael Bloomberg, foundering majority

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Speaker 1: owner of Bloomberg News parent Bloomberg LP, has campaign and

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Speaker 1: given money in support of a ban on flavored e

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Speaker 1: cigarettes and tobacco. Coming up, How Speaker Nancy Pelosi and

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Speaker 1: Senate Majority Leader Mitch McConnell are starting off the new

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Speaker 1: year locked in a stare down over the terms of

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Speaker 1: President Donald Trump's impeachment trial. I'm June Grosso and you're

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Speaker 1: listening to Bloomberg. This is Bloomberg Sound On with Kevin

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Speaker 1: Shirley on Bloomberg and on all five points of an

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Speaker 1: f MHD two. I'm June Grassos sitting in for Kevin

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Speaker 1: crelli Well. Two weeks off for the holidays produced no

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Speaker 1: new negotiations on what the Senate impeachment trial will look like.

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Speaker 1: How Speaker Nancy Pelosi, of course, has held up delivering

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Speaker 1: to the Senate those two articles of impeachment. Officials in

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Speaker 1: her office said she and Senate Minority Leader Chuck Schumer

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Speaker 1: are in lockstep on what that means. Schumer says that

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Speaker 1: neither the President nor Majority Leader Mitch McConnell has given

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Speaker 1: a single good reason for not calling witnesses. McConnell and

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Speaker 1: Trump do a lot of finger pointing and name calling,

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Speaker 1: but they never refute why these witnesses should not come,

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Speaker 1: why these documents should not be there. So which side

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Speaker 1: might this delay backfire on? Joining me as Lincoln Mitchell

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Speaker 1: political analysts and Democratic activists who teaches at Columbia University,

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Speaker 1: and he's in our New York studio on the phone,

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Speaker 1: Dan Perkins, author and Republican commentator. So Lincoln, I'll start

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Speaker 1: with you. How long can this can the House speaker

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Speaker 1: hold out here? Who has the cards? I don't imagine

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Speaker 1: this will last very long, that much longer. Both sides

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Speaker 1: want to get this going before the Iowa Caucus, and

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Speaker 1: I suspect this will get worked out. We'll have the

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Speaker 1: acquittal by the time we go to Iowa. It's not

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Speaker 1: really clear who holds the cards here that both of

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Speaker 1: them have a reasonable position. Miss McConnell's position is you

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Speaker 1: voted for the impeachment pass it on and Nancy Pelosi positions.

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Speaker 1: You've said publicly you're not going to conduct a fair trial.

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Speaker 1: That's your constitutional duty. You seem to have abdicated that duty.

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Speaker 1: What do we do? So that's the stalemate, whether or

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Speaker 1: not they call witnesses. Ultimately that's going to be I

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Speaker 1: think McConnell's call, and he'll probably win that fight unless

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Speaker 1: he can get less Chuck Schumber can get four Republicans

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Speaker 1: to go along with him, and I don't imagine that happening. So,

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Speaker 1: um Dan, it seems as if the Democrats are trying

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Speaker 1: over and over to bring up different reasons why there

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Speaker 1: should be witnesses. Are they putting any And we've heard

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Speaker 1: from some Republican senators like UM Susan Collins who have said, well,

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Speaker 1: I will be open to hearing from witnesses, but not

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Speaker 1: saying that they're going to require witnesses. What do you

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Speaker 1: think it looks like well, I thought, due respect to

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Speaker 1: our other guests, I think this is going to wait

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Speaker 1: until the general election. Uh. If you think about this

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Speaker 1: whole issue of calling witnesses, UM, the witnesses that the

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Speaker 1: Democrats want called are the ones that they have picked

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Speaker 1: when they with If there's going to be witnesses, and

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Speaker 1: the Republicans start wanting to call people like I don't know,

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Speaker 1: Hunter Biden or Mr Schiff or Mr Nadler or Miss Pelosi, Uh,

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Speaker 1: they're going to have uh some problems with that. I

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Speaker 1: don't think she wants to put any Democrats of current

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Speaker 1: office holders or previous office holders. Um, she was put

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Speaker 1: any of those in a witness chair in a Senate trial.

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Speaker 1: So she's going to do everything she can to stop

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Speaker 1: the trial from happening, even though she's saying and when

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Speaker 1: she when she said she was going to put the

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Speaker 1: veto in her pocket, I predicted that like a month before,

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Speaker 1: because I don't think she wants to take the risk

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Speaker 1: of putting the Democrats and let the Republicans call whoever

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Speaker 1: they want to call, because they're in control. They want

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Speaker 1: to try and control the trial by saying you can

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Speaker 1: only call these people and you only want these documents. Well,

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Speaker 1: McConnell's not going to do that, and and he's going

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Speaker 1: to do what he wants to do, not what the

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Speaker 1: Democrats wanting to do. So if she doesn't really want

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Speaker 1: to have the trial, in reality, she wants to keep

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Speaker 1: this hanging over the president all the way through the election,

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Speaker 1: just a couple of quick outcomes. If the Democrats maintain

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Speaker 1: the majority of the House, she can release it anytime

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Speaker 1: she wants. If they don't win the presidency, she can

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Speaker 1: still release it if they lose control of the House.

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Speaker 1: I believe that, I've writteness in many commentaries. I believe

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Speaker 1: she'll release it in the Lame duc session of the

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Speaker 1: Congress as a little going away president for uh Donald

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Speaker 1: Trump starting his new term as president. Within Well, that's interesting,

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Speaker 1: so Lincoln, would that actually help the Democrats who are

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Speaker 1: in the swing districts in House, the House Democrats and

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Speaker 1: the swing districts that Nancy Pelosi wants to wants to

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Speaker 1: help out. Well, it's a fascinating scenario, and I'm certainly

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Speaker 1: open to that happening. I don't know for sure what's

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Speaker 1: going to happen if this drags out in the way

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Speaker 1: the other guest has suggested, and ultimately some kind of

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Speaker 1: a compromise where maybe witnesses either witnesses from both sides,

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Speaker 1: which is what he seems to be suggesting, that's the compromise,

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Speaker 1: or there's no trial. My sense is that this election

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Speaker 1: is a lot of it is already baked in. Donald

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Speaker 1: Trump's campaign is going to be the economy is good,

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Speaker 1: it's better than it was, vote for me, and the

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Speaker 1: Democrats are going to want a campaign on healthcare, guns,

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Speaker 1: in the environment, and the impeachment itself. Everyone just going

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Speaker 1: back to their corners. I think the big story of

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Speaker 1: twenties that impeachment is gonna matter a lot less in

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Speaker 1: the election, both for the White House and for the

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Speaker 1: contested House. And don't forget the Senate seats. Then people

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Speaker 1: think they're hand all of exceptions. Susan Collins is gonna

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Speaker 1: be a tough place, Corey Gardner is going to be

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Speaker 1: a tough place, and Doug Collins, the Democrat in Alabama,

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Speaker 1: will be in a tough place as well. I'd like

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Speaker 1: to throw an alternative slot there. I've done a number

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Speaker 1: of interviews and I've heard a lot of discussion, and

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Speaker 1: you can just raised the issue what about the thirty

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Speaker 1: Democrats that might be in play. I'd like to suggest

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Speaker 1: that maybe there's two hundred and fifteen Democrats that might

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Speaker 1: be in play, because we've made the assumption that other

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Speaker 1: if the two thirty five or two thirty seven or

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Speaker 1: the number and only the people in play are the

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Speaker 1: thirty that are in states where Trump won, that's um,

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Speaker 1: that's three. That's a false premise because you've got to

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Speaker 1: look at the rest of them and and do you

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Speaker 1: really believe that a hundred percent of the remaining Democrats

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Speaker 1: are going to get reelected? I don't think so, And

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Speaker 1: I think that could be this surprise of the election

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Speaker 1: is that we focused so much on the thirty we

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Speaker 1: haven't spent any attention with the other two hundred and

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Speaker 1: fifteen or two hundred and ten that are also running

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Speaker 1: for re election that could be replaced. I mean, there's

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Speaker 1: always the scenario that anything can happen, right, none of

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Speaker 1: us have a real crystal ball here. Most of those Democrats,

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Speaker 1: I think you met the districts that Trump want, not

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Speaker 1: the states that Trump won. But most of the other

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Speaker 1: Democrats are in pretty safe seats, right. I don't see

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Speaker 1: I don't see somebody in inner City Philadelphia, Cleveland, and

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Speaker 1: Democratic suburb of Boston being in jeopardy here the numbers

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Speaker 1: they are running for impeachment pretty highly, just as they

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Speaker 1: are nationally. This this I don't suspect this cost Nancy

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Speaker 1: Pelosi the majority, the Democrats the majority. I also think

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Speaker 1: the one thing we never talked about here is the

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Speaker 1: potential cost of not doing this. If Pelosi had not

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Speaker 1: done this, the demands from the Democratic activist base, which

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Speaker 1: we now see is almost a majority of the country

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Speaker 1: that want to see this would have been pushing her

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Speaker 1: and pushing her and pushing her. So if she didn't

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Speaker 1: do this, then a lot of her Democrats would be

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Speaker 1: succeptible to primary campaigns. But the notion that more than

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Speaker 1: a handful of Democrats are going to be in jeopardy

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Speaker 1: because of this, I just don't see any data to

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Speaker 1: back that up. But I think it's it's fair interesting

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Speaker 1: what you say, Dan, because you know, who would really

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Speaker 1: push Nancy Pelosi to hand the articles of impeachment over

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Speaker 1: at this point, I don't know if any Democratic House

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Speaker 1: members or Republican House members are really going to have

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Speaker 1: any influence on her as far as that's concerned. Well,

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Speaker 1: she's caucus together. That's what pushes her. If if the

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Speaker 1: majority of Democrats say you've got to turn this over

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Speaker 1: and she feels like her speakership is in jeopardy, that

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Speaker 1: will push her. But there's been nothing in her time

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Speaker 1: as leader of this party that's even come close to

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Speaker 1: that happening. So I don't think think that's really going

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Speaker 1: to be an issue from within the party. And then

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Speaker 1: what do you what do you think any effect had

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Speaker 1: by President Trump's tweet wars with Nancy Pelosi over the

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Speaker 1: last few days. I think that that Nancy Pelosi put

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Speaker 1: herself in a position and and she didn't want to

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Speaker 1: have Democrats testify. Your guest is correct. She wanted to

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Speaker 1: deal with it with the pressure from the far left.

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Speaker 1: So she passed. She had this great she was telling

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Speaker 1: everybody this great sense of urgency, and then within minutes

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Speaker 1: after it's passed, she decides it we're going to sit

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Speaker 1: on it because we have to verify whether or not

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Speaker 1: there's going to be a fair trial. Well, when when

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Speaker 1: the Senate majority leader and other senators say not, we

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Speaker 1: have to verify, but there will not be a fair trial.

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Speaker 1: My job is to protect the president. She has a

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Speaker 1: good reason to think it's not going to be a

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Speaker 1: fair trial, and that is something serious. You know, Marco

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Speaker 1: Rubio today, who was supposed to be one of the

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Speaker 1: rational ones, says, we don't need any more witnesses after

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Speaker 1: the House. That is not what the Constitution was meant

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Speaker 1: the House. If you want to talk in legal terms,

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Speaker 1: here is the is the grand jury passing down an indictment.

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Speaker 1: There is supposed to be a trial in the Senate,

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Speaker 1: and as far as I'm concerned, there can be negotiation

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Speaker 1: over who the numb who who who testifies If Hunter Biden,

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Speaker 1: for examples, as you suggested, is called like, I don't

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Speaker 1: think that's I don't think that gets to the point.

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Speaker 1: I think ultimately that backfires on the Republicans. But it's

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Speaker 1: not a crazy idea. It's it's a it's a silly

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Speaker 1: idea because it perpetuates a Russian talking point about Ukraine

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Speaker 1: hacking our elections. But it's not crazy Da that the

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Speaker 1: Democrats would like Rudy Giuliani says he wants to testify.

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Speaker 1: I think the Republicans would do everything within their power

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Speaker 1: to prevent that. I mean, just just to start with,

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Speaker 1: who only knows we would accidentally call up on the

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Speaker 1: phone while he's sitting in that chair. So, Dan, would

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Speaker 1: that ever happen in our lifetime that R. Julian I

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Speaker 1: might testify? Yeah, I think there is a very good

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Speaker 1: possibility that he will. We understand that that the Democrats

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Speaker 1: are running from, and I've written about this many times,

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Speaker 1: their playbook, their playbook is even if they're not in power,

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Speaker 1: they're trying to control the agenda. That trying to control

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Speaker 1: things that happen. When we saw that when Schumer came

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Speaker 1: out and said he he was demanding that these witnesses

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Speaker 1: be called and these documents were released, then we have

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Speaker 1: Nancy Pelosi came out. I mean, one of the things

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Speaker 1: that we haven't even talked about is based on what

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Speaker 1: Nancy Pelosi is doing, is she's saying that she wants

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Speaker 1: to circumvent the Constitution and she as to speech care

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Speaker 1: of the House once to decide who the witnesses might

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Speaker 1: be and determination whether or not it's a fair trial.

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Speaker 1: There is no basis in the constitution for her. There's

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Speaker 1: there's no there's no laws in the constitution. There's no

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Speaker 1: nothing in the Constitution that determines what a trial should

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Speaker 1: look like. So she's not exactly circumventing the Constitution in

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Speaker 1: that regard. There's also I mean, it is a it

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Speaker 1: is a gray area. What what defines a fair trial? Right,

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Speaker 1: So we could argue about that. In a normal case,

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Speaker 1: when the leader of the Republican Senate has said there

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Speaker 1: will not be a fair trial, there's that's no longer

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Speaker 1: a gray area, and that's where we are. So I

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Speaker 1: think that Nancy Plosi is in a tough situation here.

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Speaker 1: The Senate, Mitch McConnell has abdicated his constolutional duty here

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Speaker 1: to have a fair trial, and that is the none

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Speaker 1: of the problem. I would just want to go back

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Speaker 1: to Giuliani for a second, because of course we don't

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Speaker 1: know if Juliani is gonna test We don't love to

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Speaker 1: hear it. It would be a lot of fun. But

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Speaker 1: but but to me, this gets to another issue. I

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Speaker 1: think the Senate leadership on the Republican side is smart

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Speaker 1: enough not to have Giuliani testified. Mitch McConnell, if he

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Speaker 1: had his way, would not have the Hunter Biden's, the

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Speaker 1: Rudy Giuliani's, the Adam Ship's testifying. He would do an

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Speaker 1: open and shut no witnesses get the acquittal, let's go

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Speaker 1: on with our lives. Because he's a strategic I may

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Speaker 1: not agree with him on everything, but he's a smart

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Speaker 1: or anything, a smart strategic politician. What Donald Trump wants

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Speaker 1: is a show with high ratings, and that is probably

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Speaker 1: not in the best indust of the Republican Party. So

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Speaker 1: it's easy to think of this as a partisan fight

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Speaker 1: with kind of Nancy Pelosi and the Democrats and Chuck

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Speaker 1: Schumer on one side and the Republicans on the other.

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Speaker 1: But I don't think there's a consensus on the Republican

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Speaker 1: side either. Alright, we're going to do you think that

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Speaker 1: the sitting Democratic senators who who have already spoken out

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Speaker 1: in favor of impeaching Donald Trump are fair and impartial? Well,

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Speaker 1: I think that this is this is a This is

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Speaker 1: a political This is a political process. This is not

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Speaker 1: a trial as we know it. This is a political process.

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Speaker 1: So it's really different from any other trial. And fairness

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Speaker 1: is probably in the eye of a which side of

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Speaker 1: the al Iran But let's take a break. New right now,

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Speaker 1: coming up, we're to be talking about another candidate has

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Speaker 1: left the field for the Democrats, and also some fundraising

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Speaker 1: numbers that may surprise you who's ahead on fundraising. It

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Speaker 1: starts with a beat that's coming up on sound On.

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Speaker 1: I'm June Grosso. You're listening to Bloomberg. You're listening to Bloomberg.

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Speaker 1: Sound On with Kevin zurl on Bloomberg and one all

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Speaker 1: five point seven f m h D two. I'm June Grasso,

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Speaker 1: sitting in for Kevin Cirelli. Another Democratic presidential Canada has

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Speaker 1: dropped out of the race. Julian Castor, the former Housing

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Speaker 1: secretary and mayor of San Antonio and the only Latino

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Speaker 1: in the presidential race, announced the decision on Twitter today.

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Speaker 1: I'm not done fighting. I'll keep working towards the nation

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Speaker 1: where everyone counts, a nation where everyone can get a

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Speaker 1: good job, good healthcare, and a decent place to live.

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Speaker 1: He didn't say what he would be doing next. I'm

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Speaker 1: joined by Dan Perkins, author and Republican commentator, and Lincoln Mitchell,

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Speaker 1: political analyst and Democratic activist. So that leaves that leaves

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Speaker 1: the field down to fourteen, I believe, which is still

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Speaker 1: a huge field. But it's also the latest departure of

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Speaker 1: a candidate of color from the field that began as

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Speaker 1: one of the most racially diverse ever in a Democratic primary. So, um, Lincoln,

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Speaker 1: what's your take on that? Why did he Why did

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Speaker 1: he not catch fires? Castor was an intriguing candidate, and

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Speaker 1: there certainly was a way early on that he could

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Speaker 1: have been, you know, one of the final candidates. He

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Speaker 1: did some of the things right, he got in early,

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Speaker 1: he did his work. The problem that I see that

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Speaker 1: happened to him is there was at least three and

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Speaker 1: here I'm talking about Bernie Sanders, Joe Biden, and Elizabeth Warren,

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Speaker 1: three front runners with enormous name recognition that took up

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Speaker 1: a lot of the oxygen, and in what was at

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Speaker 1: one time like a person field, it's very, very hard

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Speaker 1: to break through. The only candidate that's really gotten in

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Speaker 1: play here who wasn't one of the heavyweights to begin

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Speaker 1: with was Pete Bodhajetu to enormous uh and very good

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Speaker 1: media work very early on. So I think Castro, who

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Speaker 1: has on paper a very good resume, was damaged simply

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Speaker 1: by the field, the size of the field where he

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Speaker 1: kind of everyone liked him, but no one really liked

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Speaker 1: him best. I also don't know that we're done hearing

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Speaker 1: for him. He would be a very interesting running mate

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Speaker 1: for example, for Elizabeth Warren, a Warren Castro ticket would

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Speaker 1: make a lot of sense, and there is a good

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Speaker 1: kind of vibe between the two of them. And and Dan,

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Speaker 1: do you see his departure in any specific terms. I

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Speaker 1: am amazed that the Democratic Party has decided that they're

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Speaker 1: based on who's left in the in the case, with

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Speaker 1: the exception of Pete, is that the likely candidate of

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Speaker 1: the of the Democratic Party for the presidency in two

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Speaker 1: thousand and twenty is going to be an old white person. Well,

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Speaker 1: I have to say that that that is sort of

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Speaker 1: the way it's going here. Let's look at the fundraising.

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Speaker 1: Joe Biden had his strongest fundraising quarter yet during the

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Speaker 1: final three months, but he's still trails at least two

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Speaker 1: of his key opponents. He raised twenty two point seven

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Speaker 1: million in the fourth quarter. That puts his hall behind

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Speaker 1: Bernie Sanders thirty five point thirty four point five million.

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Speaker 1: That gives Sanders the biggest war chest of any Democratic nominee,

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Speaker 1: Pete Buddha Judge twenty four point seven million. Elizabeth Warren

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Speaker 1: hasn't reported her fourth quarter total, So Lincoln, what does

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Speaker 1: that tell you about who's going to be the Democratic nominee.

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Speaker 1: You agree with Dan, I think it's very likely it's

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Speaker 1: going to be an old white person. You never know,

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Speaker 1: acent but I think the data certainly suggest that that

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Speaker 1: that we we are. He's right about that. Um, this

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Speaker 1: is a very very was a couple of things about

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Speaker 1: Bernie's fundraising is worth noting. Caveat here is that Sanders

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Speaker 1: and Andrew Yang, who came in around sixteen point five million,

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Speaker 1: have raised more money combined than Donald Trump, which is

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Speaker 1: an interesting spin on what we've seen the last few months.

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Speaker 1: Sanders Is fundraising total is impressive for a couple of reasons.

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Speaker 1: One simply, this year numbers the sitting vice president or

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Speaker 1: the former sitting vice president, who is the favorite of

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Speaker 1: kind of the moderate pro business part of the party,

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Speaker 1: raised about two thirds as much as as an experienced

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Speaker 1: politician too as Bernie Sanders. But secondly, what really strikes

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Speaker 1: me is how Sanders turned the whole fundraising paradigm on

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Speaker 1: its head right ten years ago. This was idea was

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Speaker 1: if you wanted to be a purist and only get

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Speaker 1: small donations and not take money from billionaires, etcetera, etcetera,

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Speaker 1: you were never gonna have a lot of money. And

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Speaker 1: what Bernie Sanders has done is he has said, actually

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Speaker 1: I am going to take that I am going to

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Speaker 1: take that route, and he's raised even more money and

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Speaker 1: that is really a tribute to him. Doesn't mean he's

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Speaker 1: going to be the nominee, you know, it's still too

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Speaker 1: early to tell. It does suggest to me that he

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Speaker 1: is very likely going to be in the thick of things,

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Speaker 1: Bernie Sanders. I think maybe Joe Biden, but also but

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Speaker 1: Bernie is the only one who I see who has

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Speaker 1: a very good chance of finishing the top two and

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Speaker 1: certainly the top three in each of the four states.

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Speaker 1: And if he does that, he's going to go in

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Speaker 1: to Super Tuesday, and it will be a probably a

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Speaker 1: two or three person race, because Bloomberg will get at

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Speaker 1: that point and change in the field a little bit

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Speaker 1: as well. So, Dan, I have been trying to figure

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00:22:58,960 --> 00:23:02,080
Speaker 1: out the Bernie Andre's phenomenon for a while. Because he

432
00:23:02,240 --> 00:23:04,760
Speaker 1: has a heart attack. I thought, well, that's going to

433
00:23:04,880 --> 00:23:07,680
Speaker 1: slow him down at least at least by the numbers

434
00:23:07,680 --> 00:23:09,520
Speaker 1: we're now, he's not gonna get as many donations. But

435
00:23:09,560 --> 00:23:13,640
Speaker 1: then he bounces back and he and he surpasses Elizabeth Warren.

436
00:23:14,440 --> 00:23:18,560
Speaker 1: What do you make of his resiliency. Well, I think

437
00:23:18,600 --> 00:23:23,800
Speaker 1: it's it speaks well that he's attracting some uh some

438
00:23:23,920 --> 00:23:27,119
Speaker 1: members of the Democratic Party who are disenchanted with the

439
00:23:27,440 --> 00:23:31,359
Speaker 1: with the extremely far left. But I think that that

440
00:23:31,440 --> 00:23:34,040
Speaker 1: we're again there's another story we're missing, which I've written

441
00:23:34,080 --> 00:23:38,320
Speaker 1: about several times. Um. I don't think that if we

442
00:23:38,400 --> 00:23:42,000
Speaker 1: have three to four candidates going into the primaries, there's

443
00:23:42,000 --> 00:23:44,280
Speaker 1: gonna be any one candidate who's gonna walk into the

444
00:23:44,320 --> 00:23:48,320
Speaker 1: Democratic Convention with enough delegates to win. And I think

445
00:23:48,320 --> 00:23:51,600
Speaker 1: you're going to wind up with an open convention. And

446
00:23:51,720 --> 00:23:54,760
Speaker 1: I am predicting unless he's in an orange jump so

447
00:23:54,920 --> 00:23:57,040
Speaker 1: that Hillary Clinton is going to be the nominee for

448
00:23:57,040 --> 00:24:00,520
Speaker 1: the Democratic Party. Does the jumpsuit match down old Trump's

449
00:24:00,520 --> 00:24:02,960
Speaker 1: Harry Um? I I think there's a there is a

450
00:24:03,000 --> 00:24:04,840
Speaker 1: decent chance that happened. It's not going to be Hillary Clinton.

451
00:24:04,880 --> 00:24:06,440
Speaker 1: It's a fun scenario, and she is old and white,

452
00:24:06,480 --> 00:24:09,200
Speaker 1: so that does fit in with the paradigm uh you've

453
00:24:09,280 --> 00:24:11,240
Speaker 1: you've been working with. It's also one other things. She's

454
00:24:11,280 --> 00:24:14,119
Speaker 1: also one of the thing what has the Democratic Party

455
00:24:14,119 --> 00:24:17,639
Speaker 1: built itself on on the last forty years, the Party

456
00:24:17,800 --> 00:24:22,840
Speaker 1: of victims? Is there any more? Victim then the way

457
00:24:23,000 --> 00:24:26,520
Speaker 1: quote Democrats feel the election was stolen away. I mean,

458
00:24:26,520 --> 00:24:28,080
Speaker 1: I think if I think that would be I don't

459
00:24:28,240 --> 00:24:29,880
Speaker 1: necessarily agree with that, but if that's the case, would

460
00:24:29,880 --> 00:24:32,240
Speaker 1: be a fun kind of victim off because Donald Trump is,

461
00:24:32,240 --> 00:24:34,600
Speaker 1: you know, the biggest victim in the world as we know. Um.

462
00:24:34,720 --> 00:24:36,760
Speaker 1: One thing that is that is significant about Bernie on

463
00:24:36,840 --> 00:24:40,120
Speaker 1: this race is that Bernie the story of two thousand

464
00:24:40,200 --> 00:24:42,480
Speaker 1: sixteen that the Sanders supporters told not now. I am

465
00:24:42,560 --> 00:24:45,560
Speaker 1: really genuinely uncommitted. I don't know who I would vote

466
00:24:45,600 --> 00:24:48,080
Speaker 1: for tomorrow. The only candidate to whom I've given money

467
00:24:48,119 --> 00:24:49,719
Speaker 1: has dropped out of the race, and that was Kamala

468
00:24:49,760 --> 00:24:52,919
Speaker 1: Harris from my hometown. So so I really am genuinely uncommitted.

469
00:24:52,960 --> 00:24:54,959
Speaker 1: But there's a couple of things about Bernie that are notable.

470
00:24:55,119 --> 00:24:57,439
Speaker 1: He lost in two thousand sixteen. It was not as

471
00:24:57,480 --> 00:24:59,080
Speaker 1: close as a lot of people thought, and he lost

472
00:24:59,119 --> 00:25:02,280
Speaker 1: because he didn't do as work. He ignored communities of color.

473
00:25:02,680 --> 00:25:05,199
Speaker 1: He spent the last three or four years trying to

474
00:25:05,240 --> 00:25:07,680
Speaker 1: reverse that, and he has campaigned very hard in community

475
00:25:07,680 --> 00:25:10,800
Speaker 1: of colors. In most many polls, he's leading among younger

476
00:25:10,840 --> 00:25:13,400
Speaker 1: African American voters, and he's very much in the thick

477
00:25:13,440 --> 00:25:16,320
Speaker 1: of things in among Latino voters. And if you want

478
00:25:16,320 --> 00:25:18,960
Speaker 1: to look at Sanders resiliency, that's part of it. The

479
00:25:18,960 --> 00:25:21,280
Speaker 1: other thing that strikes me about Sanders is he is

480
00:25:21,960 --> 00:25:24,959
Speaker 1: not nearly as far left as either his supporters that's

481
00:25:25,000 --> 00:25:27,359
Speaker 1: kind of socialist to which you were alluding, or his

482
00:25:27,440 --> 00:25:30,480
Speaker 1: opponents suggest. I mean, I was reading this shows you

483
00:25:30,520 --> 00:25:32,000
Speaker 1: what a nerd I am. But I was reading Harry

484
00:25:32,000 --> 00:25:36,160
Speaker 1: Truman's memoirs over the last but still over the last

485
00:25:36,200 --> 00:25:39,399
Speaker 1: month or so. And his healthcare proposals are to the

486
00:25:39,480 --> 00:25:42,639
Speaker 1: left of what Bernie's talking about. So he he comes

487
00:25:42,640 --> 00:25:46,000
Speaker 1: out of a kind of a mainstream liberal democratic well

488
00:25:46,040 --> 00:25:48,920
Speaker 1: he writing for Harry Truman. Um, that's what he did,

489
00:25:48,960 --> 00:25:51,280
Speaker 1: right at least this bill? Are you sure about that?

490
00:25:51,400 --> 00:25:54,280
Speaker 1: And he's mobilized a lot of younger supporters to think, Wow,

491
00:25:54,320 --> 00:25:56,760
Speaker 1: this is something exciting and new and socialist. We've never

492
00:25:56,760 --> 00:25:59,680
Speaker 1: done this before. And he's kind of taken what I

493
00:25:59,800 --> 00:26:03,360
Speaker 1: low time been mainstream democratic policies and repackaging them as socialism,

494
00:26:03,560 --> 00:26:05,520
Speaker 1: which I think helps him get far. It may not

495
00:26:05,520 --> 00:26:07,359
Speaker 1: help him get far enough, because you get to a

496
00:26:07,359 --> 00:26:10,120
Speaker 1: point where some electors election of voters kind of shy

497
00:26:10,160 --> 00:26:12,920
Speaker 1: away from that words as I'm sure we all know so.

498
00:26:13,160 --> 00:26:15,600
Speaker 1: And you know the is he the oldest candidate in

499
00:26:15,600 --> 00:26:18,160
Speaker 1: the race, isn't he at this point? Yes, he's older

500
00:26:18,160 --> 00:26:21,280
Speaker 1: than Biden, and he attracts young people. So this is

501
00:26:21,320 --> 00:26:25,040
Speaker 1: why he's always been very, very sort of a mystery

502
00:26:25,080 --> 00:26:28,400
Speaker 1: to me. He's there's a certain he has some interesting

503
00:26:28,440 --> 00:26:31,520
Speaker 1: political instincts. He picks up on issues that for example,

504
00:26:32,040 --> 00:26:35,240
Speaker 1: Bernie Sanders is the only person has taken on the

505
00:26:35,280 --> 00:26:38,040
Speaker 1: financial powers in Major League Baseball that are trying to

506
00:26:38,040 --> 00:26:41,439
Speaker 1: destroy minor league baseball, which is a completely obscure issue

507
00:26:41,680 --> 00:26:43,760
Speaker 1: unless you live in one of the forty cities, many

508
00:26:43,760 --> 00:26:46,400
Speaker 1: of which are in swing states, where minor league baseball

509
00:26:46,440 --> 00:26:48,720
Speaker 1: is a part of the local economy and an important

510
00:26:48,720 --> 00:26:52,480
Speaker 1: recreation right. So that he's a smart politician, he's not

511
00:26:52,560 --> 00:26:55,880
Speaker 1: an effective legislator. I mean, Bernie Sanders is not a newcomer.

512
00:26:55,960 --> 00:26:58,280
Speaker 1: He's been in elected office for thirty years, and he's

513
00:26:58,320 --> 00:26:59,840
Speaker 1: been in the Senate for more than a decade. And

514
00:26:59,880 --> 00:27:02,200
Speaker 1: the else we're taking before that hasn't really done much.

515
00:27:02,440 --> 00:27:05,640
Speaker 1: And his vision of the political revolution, and I'm trying

516
00:27:05,680 --> 00:27:07,640
Speaker 1: to say it's in a value neutral way. If you

517
00:27:07,840 --> 00:27:10,800
Speaker 1: advocate for political revolution but you don't want to get

518
00:27:10,880 --> 00:27:13,199
Speaker 1: rid of the filibuster, you're not being serious. So there

519
00:27:13,200 --> 00:27:15,560
Speaker 1: are some things you have to work through here. So Dan,

520
00:27:15,640 --> 00:27:17,960
Speaker 1: what what do you think of a of a Bernie

521
00:27:18,440 --> 00:27:27,440
Speaker 1: matchup with Trump? How about um Reagan two Birdie match?

522
00:27:28,960 --> 00:27:32,840
Speaker 1: Go ahead? Sorry about that. I'm I have been for

523
00:27:33,040 --> 00:27:36,800
Speaker 1: I have been suggesting for some time that whoever it

524
00:27:36,920 --> 00:27:39,399
Speaker 1: is that is the nominee for the Democratic Party, if

525
00:27:39,440 --> 00:27:43,119
Speaker 1: they continue with their their tax and spend policies, bigger

526
00:27:43,160 --> 00:27:45,960
Speaker 1: government taking things away from you, giving more and more

527
00:27:46,000 --> 00:27:49,879
Speaker 1: away in taxing more, it will be a landslide of

528
00:27:50,040 --> 00:27:55,160
Speaker 1: historical proportions. That's a fun that's a fun Republican talking point,

529
00:27:55,240 --> 00:27:57,800
Speaker 1: that's not. I mean, I think and and I think

530
00:27:57,840 --> 00:27:59,520
Speaker 1: that as long as Donald Trump continues to behave like

531
00:27:59,520 --> 00:28:01,400
Speaker 1: a criminal, he'll lose forty five states. And we keep

532
00:28:01,400 --> 00:28:03,840
Speaker 1: saying partis and talking points. But what we know now,

533
00:28:04,320 --> 00:28:06,760
Speaker 1: this this is the thing healthcare. I'm I'm surprised that

534
00:28:06,800 --> 00:28:10,120
Speaker 1: there hasn't been a Republican plan yet because obviously there

535
00:28:10,160 --> 00:28:14,040
Speaker 1: is an attempt to kill Obamacare on many different levels.

536
00:28:14,280 --> 00:28:19,840
Speaker 1: The Republicans are as a Party aren't interested in governance

537
00:28:19,840 --> 00:28:22,520
Speaker 1: in that sense. Right, There are issues here that the

538
00:28:22,600 --> 00:28:25,920
Speaker 1: voters that are undecided care a lot about, right, And

539
00:28:25,960 --> 00:28:29,080
Speaker 1: I think that's with the data shows that's healthcare, that's

540
00:28:29,080 --> 00:28:33,840
Speaker 1: the environment, and that's guns and eomy no, no, the

541
00:28:34,200 --> 00:28:36,679
Speaker 1: and but the economy. Yes, in the economy, and and

542
00:28:36,720 --> 00:28:38,440
Speaker 1: the economy is going to be what it is. If

543
00:28:38,440 --> 00:28:40,360
Speaker 1: it continues this strong, that's gonna be a help for Trump.

544
00:28:40,400 --> 00:28:41,760
Speaker 1: And if it doesn't, that's gonna hurt him. It's not

545
00:28:41,760 --> 00:28:45,160
Speaker 1: really in anyone's control. But in terms of policies, the

546
00:28:45,200 --> 00:28:48,480
Speaker 1: Republicans aren't proposing policies because the people are coming up

547
00:28:48,520 --> 00:28:50,680
Speaker 1: with these policies are no longer welcome in this right.

548
00:28:50,680 --> 00:28:53,240
Speaker 1: Michael Bloomberg, who we talked about earlier, is in most

549
00:28:53,240 --> 00:28:56,040
Speaker 1: countries what the leader of the more conservative party looks like,

550
00:28:56,200 --> 00:28:59,320
Speaker 1: low taxes, low spending, not exactly what I would say,

551
00:28:59,520 --> 00:29:03,280
Speaker 1: conserve on race issues, but thoughtful on guns, environment and healthcare.

552
00:29:03,360 --> 00:29:06,280
Speaker 1: That's the profit of a conservative politician in most countries.

553
00:29:06,400 --> 00:29:08,560
Speaker 1: There's no room for that in today's Republican party. So

554
00:29:08,600 --> 00:29:11,080
Speaker 1: all that is being seated to the Democrats. So I

555
00:29:11,120 --> 00:29:13,200
Speaker 1: want to say, and of course that Michael Bloomberg is

556
00:29:13,200 --> 00:29:15,520
Speaker 1: a founder and majority owner of Bloomberg LP, the parent

557
00:29:15,560 --> 00:29:18,640
Speaker 1: company of Bloomberg News, and he is seeking the Democratic

558
00:29:18,680 --> 00:29:22,240
Speaker 1: presidential nomination. Danna, I'll let you before we take a break,

559
00:29:22,440 --> 00:29:26,960
Speaker 1: I'll let you respond to that. I really think that

560
00:29:26,960 --> 00:29:30,320
Speaker 1: that what's important to what's important to the American people

561
00:29:31,040 --> 00:29:34,560
Speaker 1: is that what's happened is there's been a fundamental change.

562
00:29:35,120 --> 00:29:38,640
Speaker 1: I've talked about this many many times. Even into a

563
00:29:38,720 --> 00:29:44,480
Speaker 1: country of three thirty million people, one person can make

564
00:29:44,520 --> 00:29:48,080
Speaker 1: a difference. When we were going through the malaise of

565
00:29:48,120 --> 00:29:51,720
Speaker 1: Jimmy Carter, Ronald Reagan came in and said, I think

566
00:29:51,760 --> 00:29:54,480
Speaker 1: we can do better, and he won in a landslide

567
00:29:54,720 --> 00:29:58,120
Speaker 1: because the people wanted to do something different. Barack Obama

568
00:29:58,240 --> 00:30:02,240
Speaker 1: came in with hope and change for the Democratic Party

569
00:30:02,320 --> 00:30:05,000
Speaker 1: and for the people and won the election on a promise.

570
00:30:05,480 --> 00:30:08,400
Speaker 1: One person made a difference. Donald Trump came in and

571
00:30:08,400 --> 00:30:12,400
Speaker 1: said he wanted to make America great again. One person

572
00:30:12,480 --> 00:30:14,960
Speaker 1: made a change. And so I think we're still, even

573
00:30:15,000 --> 00:30:17,440
Speaker 1: in this country as large as we are, that one

574
00:30:17,520 --> 00:30:20,840
Speaker 1: person can make a change. And the change that left

575
00:30:20,840 --> 00:30:24,160
Speaker 1: in the Democratic Party with with free college and free

576
00:30:24,200 --> 00:30:27,160
Speaker 1: health care for everybody and free health care for illegals

577
00:30:27,160 --> 00:30:30,720
Speaker 1: coming across the border are not themes that will resonate

578
00:30:30,800 --> 00:30:34,160
Speaker 1: with the vast majority of voters come November. All Right,

579
00:30:34,240 --> 00:30:38,840
Speaker 1: we're going to talk more about what's coming up in November,

580
00:30:38,880 --> 00:30:41,560
Speaker 1: as well as President Trump starting off the new year,

581
00:30:41,960 --> 00:30:46,480
Speaker 1: facing impeachment and re election at home and ratcheting pressures abroad.

582
00:30:46,960 --> 00:30:49,960
Speaker 1: Remember to download the Bloomberg Sound On podcast on iTunes

583
00:30:50,000 --> 00:30:53,240
Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business App.

584
00:30:53,240 --> 00:30:55,960
Speaker 1: I'm June Grosso sitting in for Kevin Cirella. You're listening

585
00:30:55,960 --> 00:31:08,280
Speaker 1: to Bloomberg. You're listening to Bloomberg Sound On with Kevin

586
00:31:08,320 --> 00:31:12,280
Speaker 1: Surley on Bloomberg and one oh five point seven f

587
00:31:12,400 --> 00:31:15,080
Speaker 1: M h D two. I'm During Grassa sitting in for

588
00:31:15,200 --> 00:31:18,080
Speaker 1: Kevin Well. President Trump starts off the new year facing

589
00:31:18,080 --> 00:31:22,240
Speaker 1: impeachment and reelection at home and ratcheting pressures abroad. The

590
00:31:22,280 --> 00:31:25,120
Speaker 1: New Year's Eve attack on the US embassy in Baghdad

591
00:31:25,160 --> 00:31:29,240
Speaker 1: buying Iran big Iran backed Iraqi militia has exposed a

592
00:31:29,280 --> 00:31:33,000
Speaker 1: deepening divide between Washington and Tehran, and North Korea's Kim

593
00:31:33,080 --> 00:31:36,360
Speaker 1: Jong n is saber rattling, saying he'll soon debut a

594
00:31:36,440 --> 00:31:40,000
Speaker 1: new strategic weapon. Before heading into his big New Year's

595
00:31:40,040 --> 00:31:42,920
Speaker 1: Eve gala in Florida, Trump said he still thinks he

596
00:31:42,960 --> 00:31:46,400
Speaker 1: has a good relationship with the North Korean dictator. They

597
00:31:46,480 --> 00:31:49,880
Speaker 1: did sign an agreement talking about d newclarization and that

598
00:31:50,000 --> 00:31:55,000
Speaker 1: was signed number one sentence dnuclearization. That was done in Singapore.

599
00:31:55,160 --> 00:31:57,920
Speaker 1: And I think he's a man of his words. So

600
00:31:57,960 --> 00:31:59,720
Speaker 1: we're gonna find out, but I think he's a man

601
00:31:59,720 --> 00:32:03,640
Speaker 1: of his were I've been talking with Dan Perkins, often

602
00:32:03,680 --> 00:32:07,680
Speaker 1: Republican commentator, and Lincoln Mitchell political analyst, analyst. He teaches

603
00:32:07,720 --> 00:32:10,320
Speaker 1: at Columbia University, and his new book is called San

604
00:32:10,360 --> 00:32:15,120
Speaker 1: Francisco Year Zero and there's more after that, I know, lincing.

605
00:32:15,680 --> 00:32:20,320
Speaker 1: So what President Trump has touted his diplomatic prowess. What

606
00:32:20,440 --> 00:32:24,840
Speaker 1: do these developments tell you, Well, diplomacy is difficult, and

607
00:32:24,840 --> 00:32:27,880
Speaker 1: and in fairness to the President, neither of these situations

608
00:32:27,920 --> 00:32:30,920
Speaker 1: Iran or North Iraq and North Korea were easy going

609
00:32:31,000 --> 00:32:32,760
Speaker 1: in and in fact, you know, back in two thousand

610
00:32:32,760 --> 00:32:34,520
Speaker 1: two and two thousand three, a lot of people said,

611
00:32:34,520 --> 00:32:36,600
Speaker 1: you know, if we go to war in Iraq, Iran's

612
00:32:36,640 --> 00:32:38,520
Speaker 1: going to get a lot more power in the region. Right,

613
00:32:38,560 --> 00:32:41,120
Speaker 1: this was a problem that was not only anticipatable, but

614
00:32:41,240 --> 00:32:44,760
Speaker 1: was actually in fact anticipated. What we've also seen is

615
00:32:44,760 --> 00:32:48,480
Speaker 1: that the president who touted himself as this dealmaker, this negotiator,

616
00:32:49,080 --> 00:32:50,920
Speaker 1: is not a good negotiator. And I was talking to

617
00:32:50,960 --> 00:32:52,640
Speaker 1: a friend of mine who works in baseball, and I said,

618
00:32:52,920 --> 00:32:54,960
Speaker 1: if Donald Trump ran you were running one team and

619
00:32:54,960 --> 00:32:57,480
Speaker 1: Donald Trump ran the other, you would trade with him

620
00:32:57,520 --> 00:32:59,200
Speaker 1: all the time, because you know you'd always get the

621
00:32:59,200 --> 00:33:02,040
Speaker 1: better end of the deal. So right now, he had

622
00:33:02,240 --> 00:33:04,280
Speaker 1: a particularly North Korea. He had the summit with Kim

623
00:33:04,360 --> 00:33:05,960
Speaker 1: Jong lun, which was a good photo op and a

624
00:33:06,000 --> 00:33:08,760
Speaker 1: good story. Didn't get what he thought he got and

625
00:33:08,760 --> 00:33:11,080
Speaker 1: and misread Kim Jong lun. Despite the fact that I

626
00:33:11,080 --> 00:33:13,400
Speaker 1: think most people who work in foreign policy United States

627
00:33:13,560 --> 00:33:15,680
Speaker 1: would have advised him what Kim Jong len was really about.

628
00:33:15,720 --> 00:33:17,880
Speaker 1: He chose to ignore that. And now we're back to

629
00:33:17,960 --> 00:33:22,520
Speaker 1: where we we We've always been there, so um dan.

630
00:33:22,640 --> 00:33:25,760
Speaker 1: Former National Security Advisor John Bolton said in a tweet

631
00:33:25,800 --> 00:33:29,120
Speaker 1: on Wednesday that the U. S should fully resume military

632
00:33:29,240 --> 00:33:33,160
Speaker 1: exercises with South Korea in response to Kim's threat. Of course,

633
00:33:33,400 --> 00:33:40,160
Speaker 1: President Trump stop those exercises as a means of getting

634
00:33:40,800 --> 00:33:44,280
Speaker 1: North Korea to come to the table. What what do

635
00:33:44,320 --> 00:33:48,240
Speaker 1: you think of what Bolton has said? Well, he's uh.

636
00:33:48,280 --> 00:33:51,080
Speaker 1: First of all, I think he's a hawk, which is okay,

637
00:33:51,160 --> 00:33:53,680
Speaker 1: He's allowed to be a hawk. A good president has

638
00:33:53,800 --> 00:33:58,000
Speaker 1: opinions from lots of different viewpoints, and UH Bolton has

639
00:33:58,080 --> 00:34:02,240
Speaker 1: his particular viewpoints as a relates to UH North Korea.

640
00:34:02,560 --> 00:34:05,720
Speaker 1: I'm not as quick to abandon and say that he's

641
00:34:05,760 --> 00:34:08,600
Speaker 1: a port that Mr Trump is a poor negotiator. I

642
00:34:08,640 --> 00:34:11,960
Speaker 1: look at what happened in the renegotiation of trade treaties

643
00:34:11,960 --> 00:34:16,239
Speaker 1: with Mexico and Canada and Europe and Japan, UM and

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Speaker 1: the work that he's doing with with with China doesn't

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Speaker 1: say to me that he's a he's a bad negotiator.

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Speaker 1: Because it relates to the attack on the embassy. UM.

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Speaker 1: I think that the president has basically and when he

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Speaker 1: said this is not going to be another Benghazi and

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Speaker 1: he brought in four thousand troops. Uh. Some people were

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Speaker 1: asking me today on interviews, are we are we going

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Speaker 1: back to war? And I said, four thousand troops in

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Speaker 1: Baghdad is not enough troops to attack Iran. So get

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Speaker 1: that out of your brain. What they're gonna do is

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Speaker 1: secure the property, and they're going to send a message

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Speaker 1: that we're not messing around or we're We're going to

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Speaker 1: react quickly, just like we did with Sasad in Syria.

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Speaker 1: We're going to react when you do so think that's

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Speaker 1: wrong or against mankind, We're going to react. All right, React.

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Speaker 1: You want to give Lincoln thirty seconds to respond. And

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Speaker 1: the problem in Iraq. Donald Trump ran saying he wanted

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Speaker 1: to get out of Iraq, and what we've seen is

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Speaker 1: just how intractable this is. There's always a reason to

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Speaker 1: stay in, always a reason to send more troops. I

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Speaker 1: don't necessarily think Donald Trump did the wrong thing by

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Speaker 1: sending those troops there, but I don't think it's going

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Speaker 1: to solve the problem. All right, I want to thank

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Speaker 1: you both for joining me this evening. That's Lincoln Mitchell.

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Speaker 1: He's a political analyst, teachers at Columbia University. The book

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Speaker 1: is San Francisco Year zero. And Dan Perkins, author and

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Speaker 1: Republican commentator. I'm June Grosso sitting in for Kevin Crelli.

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Speaker 1: We'll see you again tomorrow night. This is Bloomberg