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

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Speaker 1: to do nothing space forces. 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 Bloomberg 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. President Trump was sent here to

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Speaker 1: smash conventional norms. In a sense, Bernie Sanders has already washed.

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

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Speaker 1: one oh five points h D two stocks jumped the

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Speaker 1: most since two thousand and eighteen on stimulus hope. There's

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Speaker 1: hope in Washington. This is President Trump head It's a

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Speaker 1: Capitol Hill to meet with Senate Republicans and banking executive

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Speaker 1: set to come to the White House on Wednesday. Happy

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Speaker 1: Mini Super Tuesday. I want to live in a world

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Speaker 1: where every Tuesday is super. But Bernie Sanders and Joe

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Speaker 1: Biden have canceled their events tonight on fears of the coronavirus.

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Speaker 1: That story breaking just within the last thirty minutes. We'll

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Speaker 1: give you the latest on the front a busy day

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Speaker 1: coming out of the nation's capital. Adrian L. Rod is here,

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Speaker 1: Democratic strategist, former director of strategic communications for the Hillary

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Speaker 1: Clinton presidential campaign. I'm still making my way through that

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Speaker 1: Hulu documentary. And Jack Kingston, former Republican Georgia congressman Trump

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Speaker 1: twenty twenty campaign surrogate as well. Can't predict the news, folks.

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Speaker 1: You can't predict the news. Here we are. We thought

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Speaker 1: it was gonna be a mini Super Tuesday. Okay, we're

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Speaker 1: gonna cover Sanders and Biden, and now they're canceling the

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Speaker 1: rallies on fears of the coronavirus. They're siting public health officials.

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Speaker 1: My name is Kevin Cereli. I'm the chief Washington correspondent

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Speaker 1: for Bloomberg Television and Bloomberg Radio. Adrian L. Rod's here,

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Speaker 1: Jack Kingston's here to all stars. Taylor Riggs, my friend,

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Speaker 1: Taylor Riggs, Bloomberg markets reporter. She's gonna call in coming

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Speaker 1: up to talk about the markets today and the stock

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Speaker 1: market rebounded on hopes for a virus stimulus. She's going

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Speaker 1: to break down that optimism. And Ross Cullen, who is

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Speaker 1: a correspondent. I'm very excited for this Adrian. He's a

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Speaker 1: correspondent at Feature Story News. He's going to join us.

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Speaker 1: You're ready for this from Rome because they're all on lockdown.

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Speaker 1: So I said to Matt Shirley, our booker, I said,

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Speaker 1: I want to know what's going on in Italy. You know,

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Speaker 1: I'm I'm half Italian. So next thing I know, we've got,

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Speaker 1: we've got, We're gonna find out what's it like to

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Speaker 1: be quarantined with some good Italian wine or pasta or pasta.

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Speaker 1: They're just loading and I don't you know, I was.

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Speaker 1: I was talking to our executive producer Jack after the show,

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Speaker 1: you know, Christine Barrata Italian, So I says, I said, uh,

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Speaker 1: you know, I can't make fun of the coronavirus because

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Speaker 1: people are I'm you know, people are making a lot

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Speaker 1: of jokes, and I'm just reminding myself at the start

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Speaker 1: of the show it is sad. I mean, people are

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Speaker 1: losing their lives and it is a very serious story.

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Speaker 1: And so I apologize if my humor sometimes is a

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Speaker 1: little bit misguided. Right, well, yes, but we're not that

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Speaker 1: uptied on your show because we know you to be

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Speaker 1: a loving and caring man. You know what if I

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Speaker 1: could give you a coronavirus elbow. Bump. I would give

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Speaker 1: you a coronavirus elbow. All right, let's start. Let's listen

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Speaker 1: to President Trump, because he was urging people to be calm.

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Speaker 1: He was up on Capitol Hill today, his top economic

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Speaker 1: team of advisors, Treasury Secretary Minution Larry Cudlow, investors, the

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Speaker 1: insurance industry. They were at the White House. Tomorrow, the

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Speaker 1: banking industry is going to be descending upon the White House.

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Speaker 1: Here's the President of the United States. We're prepared, and

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Speaker 1: we're doing a great job with it, and it will

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Speaker 1: go away. To stay calm and we'll go away. We

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Speaker 1: want to protect our shipping industry or cluise industry, cruise ships.

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Speaker 1: We want to protect our airline industry. Very important. But

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Speaker 1: everybody has to be vigilant and has to be careful,

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Speaker 1: but be calm. So behind the scenes, the administration was

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Speaker 1: trying to put together an economic plan. I can tell

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Speaker 1: you I talked to some sources today who were saying

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Speaker 1: they weren't really sure how in the weeds the plan

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Speaker 1: was going to get. And then you've got sentiatement already.

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Speaker 1: Leader Chuck Schumer issuing this contrast today up on Capitol Hill.

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Speaker 1: Here's the top Democrat of the Senate. The best way

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Speaker 1: to ensure economic security right now for the American people

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Speaker 1: is to focus on fighting the illness and the spread

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Speaker 1: of the illness. Ask any CEO today what they want most.

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Speaker 1: I'll bet they tell you they want the coronavirus to

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Speaker 1: be contained. Well, they wanted to be contained, Jack, But

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Speaker 1: I mean, how do you how do you contain the

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Speaker 1: economic damage from really wreaking havoc on the nation. Chuck

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Speaker 1: Schumer is not somebody in the low income range who

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Speaker 1: needs to have a paycheck. He's not worried about getting

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Speaker 1: laid off. I think the President is speaking to something

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Speaker 1: that's very important to American workers. But I want to

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Speaker 1: say this last week, I last week I had an

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Speaker 1: opportunity to be um brief by Vice President Pence and

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Speaker 1: Ambassador Blitz and uh Um in this top staff who

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Speaker 1: are handling this. And this is what Mike Pence old

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Speaker 1: a small group of us. He said, you know, we

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Speaker 1: care about the economy, but the best way to fix

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Speaker 1: the economy is make sure the American people are safe.

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Speaker 1: And that's what we're gonna focus on number one. And

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Speaker 1: so for Chuck Schumer, to sit back and regardless of

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Speaker 1: what President Trump says, he's gonna disagree. And you know,

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Speaker 1: it would just be so refreshing to say, I'm part

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Speaker 1: of the loyal opposition might do it differently, but I

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Speaker 1: want to work with the president for the good of America.

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Speaker 1: All right, my friend, I will care to start. I

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Speaker 1: always say I wish we had cameras it here, that

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Speaker 1: it was on to me because if you could have

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Speaker 1: seen Adrian Right's baseball she she didn't give me. She

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Speaker 1: gave me a coronavirus elbow. But it wasn't it with

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Speaker 1: my eyes? No, I'm just kidding. Um. Look, this has

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Speaker 1: been a completely incompetent response to a very very, very

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Speaker 1: troubling epidemic. I mean, you can't go anywhere. Everybody's talking

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Speaker 1: about the coronavirus. President Trump is not. Some people really

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Speaker 1: can't go anywhere because they're quarantined, right exactly. So, so

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Speaker 1: people are tweeting about it, people are texting with their

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Speaker 1: friends about it. Um. You know, every single primary state,

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Speaker 1: that state that I went to, UM, where this was

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Speaker 1: an issue. Once this really took hold in the United States,

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Speaker 1: especially in South Carolina. Everywhere you went, it didn't matter

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Speaker 1: if you were a Trump voter, if you were a

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Speaker 1: Bernie voter, if you were a Biden voter. Clubasher. Everybody

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Speaker 1: was talking about this um and I gotta say, I

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Speaker 1: mean the court, thank God for Dr Fauci, right, who's

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Speaker 1: been UM, who's gone through the Ebola crisis. He's dealt

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Speaker 1: with a number of epidemics from UH for the government.

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Speaker 1: He's somebody everybody trust. But President Trump has just handled

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Speaker 1: this so poorly, and especially when he gets up there

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Speaker 1: and tries to make jokes and some of these press conferences.

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Speaker 1: I'm a doctor, like you know, my uncle wing to

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Speaker 1: m I T people are so shocked how much I know.

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Speaker 1: I mean, this is not the time for But let

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Speaker 1: me tell you. As I started the show, I tried

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Speaker 1: to get ahead of my own self because sometimes I

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Speaker 1: make awkward. It's easy time. Back in j January, when

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Speaker 1: the President was restricting travel and your team, I'm not

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Speaker 1: saying you personally, but your folks were saying that was xenophobic,

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Speaker 1: that was racist, He shouldn't restrict travel. But what were

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Speaker 1: you doing instead? And you being Chuck Schumer and friends

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Speaker 1: impeaching the president? What if different? What a different world

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Speaker 1: it would have been if back in January when the

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Speaker 1: President was trying to put together a plan, the Democrats said, look,

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Speaker 1: we want to impeach you, but we're still gonna work

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Speaker 1: with you on that. There was not I would love

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Speaker 1: to go back to January twenty nine when the President

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Speaker 1: announced his travel restrictions and see what one Democrat said

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Speaker 1: to support it because we were upholding the constitution. If

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Speaker 1: you can find if you can find one Democrat who

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Speaker 1: came out in January and supported the president's efforts, I

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Speaker 1: would say I would yield to you all this time

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Speaker 1: on the Great Kevin Sarelli Show. Well, yeah, no, I mean,

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Speaker 1: look at the Democrats have been Look, this is the

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Speaker 1: president's issue. He's the president issue. It's a world wide

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Speaker 1: he's but he has executive authority to deal with this.

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Speaker 1: At least, I will say this, Democrats and Republicans are

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Speaker 1: coming together to pass a bipartisan bill that will hopefully

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Speaker 1: get to the bottom of that's what. But CDC has

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Speaker 1: been underfunded under this president. Um the entire collection of

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Speaker 1: agencies that deal with epidemics like this have been underfunded,

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Speaker 1: and now we're an emergency. We're in an emergency crisis.

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Speaker 1: What I love about this block is that we just

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Speaker 1: laid down the political battle lines coming up. We're gonna

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Speaker 1: talk about where there's agreement, particularly potentially on the payroll

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Speaker 1: tax wave. And I'm going to gauge the panels interest

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Speaker 1: on whether or not we're going to get an oil

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Speaker 1: bill out because of the energy sector. Oh yeah, it

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Speaker 1: was a one to punch yesterday. Not just the Texas

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Speaker 1: crew came back today. West Texas crew did come back,

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Speaker 1: and we're gonna talk about the energy markets coming up

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Speaker 1: as well. And Taylor Riggs joins us and we check

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Speaker 1: in Rome with the Italians. Stay tuned, folks, a lot

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Speaker 1: to get through. Download the Bloomberg sound On. Download the

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Speaker 1: Bloomberg sound On podcast on Apple, it tunes, at Bloomberg

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Speaker 1: dot com, or by downloading the Bloomberg Business app. You

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Speaker 1: can also find me on Radio dot com, I Heart Radio, Spotify,

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Speaker 1: and Kevin CURRELLI Coronavirus, elbow fist bumps all around. You're

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

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

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Speaker 1: h D two spoke to the White House doctor terrific guy,

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Speaker 1: talented guy. He said he she's no reason to do it.

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Speaker 1: There's no symptoms, know anything. That was President Trump speaking

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Speaker 1: earlier today, downplaying the state of his own health after

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Speaker 1: having attended c pack over or last week. Remember there

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Speaker 1: was the Spack scare with the coronavirus. Mark Meadows, who

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Speaker 1: is now the President's chief of staff, he was, you know,

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Speaker 1: had a self quarantined. Senator Ted Cruz self quarantine as

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Speaker 1: a result. I was at Tortilla Coast earlier today. I

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Speaker 1: keep thinking, remember when Cruz had the Tortillo Coast Club.

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Speaker 1: I always think of Cruise whenever I'm at the Tortillo Coast,

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Speaker 1: and I thought, I wonder if he I don't even know,

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Speaker 1: what would you do in self quarantine. I'm Kevin Severely,

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Speaker 1: Chief Washington correspondent from Bloomberg Television and Bloomberg Radio. Maybe

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Speaker 1: he's watching the Hillary Hulu documentary. Taylor Riggs joins us

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Speaker 1: on the line, Bloomberg Markets Reporter. Good friend of mine, Taylor,

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Speaker 1: thanks for coming on. All right, we talked about the

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Speaker 1: political fallout earlier. Now let's talk about the market fallout.

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Speaker 1: Us rallied back from the worst route since the financial

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Speaker 1: crisis on expectations that the Trump administration will implement stimulus

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Speaker 1: measures to counter the economic impact from the coronavirus. Treasuries

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Speaker 1: fell an Oil jumped reading from the Bloomberg terminal, Taylor,

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Speaker 1: they're expecting up there on the street that there will

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Speaker 1: be some type of economic stimulus. Yeah, market certainly reacting today,

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Speaker 1: and Kevin just take a step back and figure out

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Speaker 1: where we've been the last two days. It was just

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Speaker 1: yesterday morning when we fall seven percent, you had a

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Speaker 1: market circuit breaker come in. You wanted up still closing

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Speaker 1: down seven percent, So there were a lot of nerves

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Speaker 1: coming in today if Congress was going to do enough,

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Speaker 1: if monetary policy was going to do enough. The market

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Speaker 1: to day at least very thankful for hearing from the

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Speaker 1: President and getting some indication that potentially you could get

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Speaker 1: maybe a payroll tax or some sort of a fiscal stimulus,

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Speaker 1: and so that's certainly helping the market. It was a

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Speaker 1: very volatible session, though I would say we opened up

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Speaker 1: for we were in negative territory at one point this afternoon,

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Speaker 1: finally closing back up four per cent. So I think

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Speaker 1: it's too students say that we've hit a bottom, that

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Speaker 1: it's all clear that investors are thrilled about the stimulus

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Speaker 1: that might come. I think we could still see some

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Speaker 1: volatile days ahead, but today was a very very good

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Speaker 1: indication that the market heard what they wanted and they can,

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Speaker 1: at least for today, take a side of take a

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Speaker 1: side of relief, a sigh of relief. Taylor Riggs is here.

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Speaker 1: Jack Kingston's also here. He's a Republican form of Republican

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Speaker 1: Georgia Congressman Jackie here. What Taylor just said about the markets,

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Speaker 1: and I want to bring in I know you were

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Speaker 1: to see Taylor. What I'm wondering is if America gets

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Speaker 1: a grip on this virus but the oil war continues

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Speaker 1: between Saudi Arabia and Russia, is that gonna tank the

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Speaker 1: international market or what would be your prediction on that? Yeah,

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Speaker 1: you know what. I spoke earlier today with the head

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Speaker 1: of the American Petroleum Institute and he said that, UM,

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Speaker 1: right now doesn't seem like US producers are speaking any

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Speaker 1: sort of bailout or seeking financial assistance. They are aware

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Speaker 1: of the Russia Saudi price wars, but Occidental Petroleum for example,

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Speaker 1: coming out and say that they can be break even

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Speaker 1: at thirty dollars to barrel. So I think you're seeing

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Speaker 1: a huge readjustment of all of these uh E, n

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Speaker 1: P and suppliers coming in and trying to figure out

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Speaker 1: where their break evens are. You're seeing a lot of

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Speaker 1: them cut doc capac stending. You saw Exidental again today

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Speaker 1: reduced their dividends to make sure they're pain down their debt.

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Speaker 1: I think leverage in this industry is a huge problem.

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Speaker 1: But again from what I hear, they're going to try

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Speaker 1: to withstand it, and again thirty their role isn't necessarily

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Speaker 1: sustainable either for Russia and Saudi Arabia. I keep hearing

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Speaker 1: that we're hoping that that market could start to shake

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Speaker 1: down and get back to an even supply and demand

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Speaker 1: balanced by the summer. So it's a few months away, um,

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Speaker 1: but as soon as you start to get a little

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Speaker 1: bit of a not taking prices like you did today

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Speaker 1: at twelve percent on crude, so that should help stabilize

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Speaker 1: and calm some of the international worries. You know. It

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Speaker 1: is fascinating, And Jen Jacobs are Jen Jacobs on Bloomberg's

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Speaker 1: White House team reporting exclusively this morning that actually MBS

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Speaker 1: really spoke to President Trump before making that decision later

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Speaker 1: this morning, as it relates to the energy sector, so

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Speaker 1: that whipsawing its way through and reverberating through the energy

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Speaker 1: sector Washington, Wall Street circles and Texas as well. I guess, Taylor,

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Speaker 1: before I let you go, Uh, could you when based

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Speaker 1: upon your reporting, when you talk to economists, when you

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Speaker 1: talk to folks at the banks and the financial institutions,

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Speaker 1: and by the way, the top CEOs of the nation's

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Speaker 1: largest financial institutions are going to be at the White

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Speaker 1: House tomorrow, what do they define economic stimulus for us?

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Speaker 1: Because one one person's economic stimulus is another person's bill

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Speaker 1: out or another person's tax loopole. So when we say

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Speaker 1: economic stimulus, what precisely are they looking for? Taylor? Yeah,

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Speaker 1: the vergat seemed to like the payroll tax. That's when

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Speaker 1: we sort of started to turn from negative into positive.

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Speaker 1: So I would say the more clear, the better. Last week,

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Speaker 1: you had some of our European counterpart come and say

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Speaker 1: that we're ready to provide some fiscal stimulus. But when

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Speaker 1: no specifics were and now that's when the market really

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Speaker 1: started to head lower. I'm just gonna leave you with

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Speaker 1: this one quote. It's from our good friend, former CEO

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Speaker 1: over at Goldman's Docks, Foy blank find. He said, fear

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Speaker 1: is what's going to take this market lower, but he's

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Speaker 1: expecting the very quick recovery when the health threat receives,

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Speaker 1: especially in the US, giving the underlying economy was very

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Speaker 1: strong even before this virus hit. So again, I don't

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Speaker 1: think it needs to be any sort of big measure

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Speaker 1: at the banks and and and some CEOs wouldn't perhaps

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Speaker 1: like a little bit of fiscal stimulus, but I think

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Speaker 1: across the board, most strategists confirm the US economy before

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Speaker 1: this and after this will continue to be very strong. Taylor,

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Speaker 1: what's your next marathon? M one? Unless you cancel it

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Speaker 1: on me? Kevin, oh Am, I doing this with you.

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Speaker 1: You cancel on me for fear of the coronavirus, I

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Speaker 1: don't know. Over and do another marathon? All right, all right,

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Speaker 1: looks like we're running. All right, Tell the rigs everybody,

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Speaker 1: thanks for calling, and say I appreciate a Bloomberg Markets

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Speaker 1: reporter jacking since here adrianell Roy, Democratic strategist Adrian, listen

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Speaker 1: to that and you hear that. Now there's this baked

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Speaker 1: in expectation that there be uh some type of economic stimulus.

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Speaker 1: She mentioned the tax waiver. Do you think Democrats are

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Speaker 1: willing to get on board. How far Democrats willing to go.

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Speaker 1: I don't think there's an appetite for an oil bailout. Yeah,

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Speaker 1: I turned on your UM. Yeah, I you know, I don't.

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Speaker 1: I don't think so. And I look, this is one

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Speaker 1: of the things that I will say that I don't

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Speaker 1: like about Washington. UM, as you know, even you know,

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Speaker 1: regardless of political party, UM, anytime there's an election year,

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Speaker 1: it's just that much harder for any sort of bipartisan

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Speaker 1: legislation to happen. And I would say the same thing

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Speaker 1: if it was President Obama in the White House and UM,

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Speaker 1: Mitch McConnell was holding up some sort of legislation. There's

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Speaker 1: just less of an appetite to cooperate across the aisle.

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Speaker 1: Coming up, we had to Italy, where we're going to

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Speaker 1: get a report from on the ground inside of Italy,

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Speaker 1: which is on lockdown, the entire country on lockdown because

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Speaker 1: of the coronavirus. I'm Kevin's really Jackkinson stays, Adrian el

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Speaker 1: Rod stays, thanks for Taylor Riggs for calling in. You're

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Speaker 1: listening to Bloomberg One. You're listening to Bloomberg Sound On

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Speaker 1: with Kevin Sireley on Bloomberg and one oh five point

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Speaker 1: seven F M H D two. What we are doing

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Speaker 1: wherever we go. When are we do rallies, We consult

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Speaker 1: with public health officials because the last thing in the

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Speaker 1: world we will ever want to do just put anybody

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Speaker 1: in the down trip. Senator Bernie Sanders noticeably not shaking

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Speaker 1: as many hands today out on the campaign trail. Bernie

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Speaker 1: Sanders canceling his campaign rally tonight, as did former Vice

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Speaker 1: President Joe Biden UH citing the coronavirus. So Biden Sanders

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Speaker 1: no rallies tonight on the Mini Super Tuesday. My name

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Speaker 1: is Kevin Silliam, the Chef Washington correspondent for Bloomberg Television

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Speaker 1: Bloomberg Radio. We are going to have special coverage all

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Speaker 1: night on Bloomberg Television analyzing the policy and the politics

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Speaker 1: of the Mini Super Tuesday, and we're gonna be on

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Speaker 1: Bloomberg Radio doing it as well. We're actually doing many segments,

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Speaker 1: sound on segments they're called for Bloomberg Television of Bloomberg

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Speaker 1: Radio throughout the night. Roger Fisk is here, who's a

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Speaker 1: longtime aid an ally as a former president Barack Obama

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Speaker 1: and Matti Duppler is going to join us as well

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Speaker 1: all throughout the evening. But right now we've got Adrian L.

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Speaker 1: Rod here in studio, Democratic strategist, Jack Kingston, former Republican congressman,

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Speaker 1: and on the telephone line from Italy from Rome, the

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Speaker 1: Italians and half Italian. Uh is first time on the program,

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Speaker 1: Ross Cullen. He's a correspondent of Feature Story News. He's

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Speaker 1: in Rome, and and I gotta tell you, Ross, you're

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Speaker 1: all in lockdown, and I'm just curious what is going

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Speaker 1: on in Italy with the coronavirus and what's it like

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Speaker 1: to be on lockdown? Yeah, Hi, Kevin, hope you guys

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Speaker 1: are doing well. It is day one here of the lockdown. Yes,

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Speaker 1: national policy that had previously been a regional policy applied

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Speaker 1: to only some certain section of the North Sir around

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Speaker 1: Milan of Venice, and that came in on Sunday, and

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Speaker 1: very quickly the government moved on Monday to bring it

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Speaker 1: in across the whole country. It's a Tuesday here in Rome,

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Speaker 1: but it felt quite like a Sunday. It was really quiet.

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Speaker 1: There were fewer cars on the roads, there were a

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Speaker 1: few people on the streets. Um it really was certain

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Speaker 1: corners when you come around in the streets would just

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Speaker 1: be like a bit of a ghost town here in Rome.

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Speaker 1: It is good weather at the moment, it's springtime. There

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Speaker 1: should be hundreds of thousands of people going through Rome

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Speaker 1: this week, next week as well. They're expecting thirty two

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Speaker 1: million fewer tourists in March. In May this year, thirty

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Speaker 1: two million tourists not going to go to Italy. Adrian

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Speaker 1: all right, you just hear that in the Economic impact.

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Speaker 1: So sad because I love Italy. Um tell us what

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Speaker 1: it feels like they're on the ground, I mean, does

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Speaker 1: it sort of feel like a ghost town? Do you

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Speaker 1: see any is anybody out and about it all? Or

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Speaker 1: and you go out and you go out? Word? Is

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Speaker 1: it just highly recommended that you not in our restaurants open, like,

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Speaker 1: just give us a feel for what it looks like

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Speaker 1: and feels like. They're oor guys. The government called this

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Speaker 1: decree when it announced it on on Monday, Monday evening,

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Speaker 1: the I stay at Home decree, and they have asked

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Speaker 1: Italians if you can where you can, just stay at home,

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Speaker 1: stay in your area, stay in your neighborhood. And this

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Speaker 1: evening on the coliseum they put them the major the

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Speaker 1: whole of the former where the gladiators used to fight

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Speaker 1: in the center of roads op serious destinations. They put

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Speaker 1: that hashtag on the side of the building saying I

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Speaker 1: stay at home restmokaza in Italian and it has really

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Speaker 1: had an impact on people here. Restaurants were open and

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Speaker 1: caffies were open today and people were in there, but

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Speaker 1: they had to close by six pm. And they could

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Speaker 1: only open in the first place, guys, if you could

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Speaker 1: prove that your customers would be at least three feet

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Speaker 1: from each other. So there's stringent, really stringent restrictions. Have

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Speaker 1: a follow up here, I mean, what happens if you

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Speaker 1: break that? I mean, if you break that rule, do

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Speaker 1: they find you do that? What happens? It starts with

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Speaker 1: the fine of more around about two and fifty dollars

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Speaker 1: or so, but there are incremental punishments for people found

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Speaker 1: breaking the quarantine conditions that could go if you're found

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Speaker 1: guilty of particular breaking particular sanctions of up to three

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Speaker 1: three months in jail. What if I understand, if if

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Speaker 1: you have a laptop and you can work out of

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Speaker 1: your house, you can kind of work around it. But

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Speaker 1: if you work in a factory where you have to

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Speaker 1: go to the assembly line, you have to go to

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Speaker 1: the physical plant. What are those workers doing and how

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Speaker 1: are they being compensated for not working? Well, yeah, well

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Speaker 1: that that's that's one of the sides to this when

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Speaker 1: when it comes to the economy, Italy had its growth

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Speaker 1: forecasts and its predictions for not doing too much. Of course,

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Speaker 1: the Eurozone is just bumbling along at the moment. It's

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Speaker 1: not really enjoying a period of rocketing growth. UM Italy

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Speaker 1: now it's going to have to provise those forecasts because

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Speaker 1: production lines, particularly in the north of Italy around Milan,

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Speaker 1: around Venice, that's where you get heavy industry. You see

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Speaker 1: a lot over the years, millions of workers from the

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Speaker 1: south of Italy have traveled to the north to as

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Speaker 1: you say, join those production lines, um and those factories,

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Speaker 1: and people are going to be affected. The economy is

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Speaker 1: going to take a hit. They've already put aside eight

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Speaker 1: billion dollars to try to prop up the economy, and

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Speaker 1: there are expecting more emergency funds to be released this week.

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Speaker 1: But a lot of these well, if you're working parents,

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Speaker 1: you haven't actually been able to go to work this

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Speaker 1: week already, because before this national lockdown. We had a

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Speaker 1: national shutdown of all schools and a new universities. That's

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Speaker 1: eight million pupils and students combined who weren't allowed to

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Speaker 1: go to school and university. Ross Carns on the line

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Speaker 1: is a correspid in the future story news. He joins

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Speaker 1: us via Rome from telephone and I mean here in

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Speaker 1: the United States, we were talking about this with the

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Speaker 1: panel and the break, Ross just about you know, people

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Speaker 1: are taking it seriously, but there doesn't seem to be

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Speaker 1: fear over this. There does seem to be economic anxiety,

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Speaker 1: economic angst. But do you think are people talking about

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Speaker 1: over there? Is it a is it a topic of

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Speaker 1: conversation that perhaps the government's overdoing it or or is

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Speaker 1: the general feel and consensus that they're acting appropriately. We'll

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Speaker 1: here in Rome, which is in the center of the country. Um,

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Speaker 1: there was a kind of acknowledgement and awareness of what

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Speaker 1: was going on in the north that's where the outbreak

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Speaker 1: has really been the most severe. But when they brought

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Speaker 1: in the national shutdown for schools and the universities, that

427
00:23:45,880 --> 00:23:48,080
Speaker 1: of course affected people in the center of the country

428
00:23:48,080 --> 00:23:50,280
Speaker 1: where we are in Rome and in the south down

429
00:23:50,280 --> 00:23:51,920
Speaker 1: of the heel of Italy if you can fix you

430
00:23:52,080 --> 00:23:55,199
Speaker 1: up um, And then people started to realize that this

431
00:23:55,280 --> 00:23:58,199
Speaker 1: is serious. And now when the government has brought in

432
00:23:58,240 --> 00:24:00,960
Speaker 1: these new measures affecting all of the country, sixty million

433
00:24:00,960 --> 00:24:06,480
Speaker 1: Italians now effectively under lockdown, they're really understanding just how

434
00:24:06,520 --> 00:24:09,000
Speaker 1: serious it is. The government really wants to be proactive

435
00:24:09,040 --> 00:24:12,400
Speaker 1: and get ahead of the spreading of the virus. And

436
00:24:12,800 --> 00:24:16,119
Speaker 1: more or less, it seems the majority of Italians do

437
00:24:16,200 --> 00:24:19,480
Speaker 1: support the government taking these drastic measures. Well, Ross Cullen

438
00:24:19,600 --> 00:24:22,000
Speaker 1: corresponding a future story news viever and what time is

439
00:24:22,000 --> 00:24:26,479
Speaker 1: it in room? It's halftend in the evening here, all right, Well,

440
00:24:26,480 --> 00:24:29,200
Speaker 1: thanks for staying, Thanks for staying up lade on the

441
00:24:29,200 --> 00:24:32,359
Speaker 1: first day of lockdown. From joining us from Italy, please

442
00:24:32,480 --> 00:24:35,640
Speaker 1: please consider joining us again to keep giving us updates

443
00:24:35,640 --> 00:24:39,320
Speaker 1: from Italy. Again. There the entire country on lockdown. Uh.

444
00:24:39,359 --> 00:24:41,920
Speaker 1: And you heard right there from Ross Adrian just about

445
00:24:41,920 --> 00:24:43,840
Speaker 1: the economic impact. You and I were talking about this,

446
00:24:43,880 --> 00:24:47,760
Speaker 1: Adrian in the break about you know what's going to happen,

447
00:24:47,800 --> 00:24:49,840
Speaker 1: I mean, and you hear what's happening in Italy. And

448
00:24:49,880 --> 00:24:52,040
Speaker 1: I gotta be honest, I mean, that is it. It's

449
00:24:52,040 --> 00:24:55,160
Speaker 1: all It's another. It's a world away from the reality

450
00:24:55,200 --> 00:24:57,760
Speaker 1: that we had in Washington. D c Am I right, yeah,

451
00:24:59,480 --> 00:25:02,399
Speaker 1: you're right. What's so interesting is that when you contrast

452
00:25:02,520 --> 00:25:04,800
Speaker 1: this with a Bola, you know, when we have the

453
00:25:04,960 --> 00:25:09,280
Speaker 1: bowla virus scare here in the United States. Um, obviously

454
00:25:09,320 --> 00:25:12,200
Speaker 1: that's a far I mean, Corona is serious, but a

455
00:25:12,280 --> 00:25:15,719
Speaker 1: Bola is I mean, you're organs literally disintegrate. I mean,

456
00:25:15,760 --> 00:25:18,080
Speaker 1: it is a much scarier disease, but it's also that

457
00:25:18,160 --> 00:25:20,239
Speaker 1: much harder to get. It's more difficult to get, and

458
00:25:20,280 --> 00:25:23,200
Speaker 1: so I think people were certainly scared when there was

459
00:25:23,200 --> 00:25:25,919
Speaker 1: an Abella scare here in the United States, but it

460
00:25:26,040 --> 00:25:29,240
Speaker 1: was less viral. Here we are dealing with something that

461
00:25:29,359 --> 00:25:31,919
Speaker 1: is less scary in terms of you know, it's not

462
00:25:31,960 --> 00:25:35,520
Speaker 1: an automatic maatic death sentence, but you're still dealing with

463
00:25:35,600 --> 00:25:39,400
Speaker 1: the repercussions are far more significant, right, because you're you're

464
00:25:39,400 --> 00:25:41,880
Speaker 1: pulling kids out of school, you are, people are being

465
00:25:41,960 --> 00:25:44,800
Speaker 1: quarantined in their homes. Um, we're not quite there yet,

466
00:25:44,880 --> 00:25:47,040
Speaker 1: but it seems like we might be going in that

467
00:25:47,080 --> 00:25:51,320
Speaker 1: direction as long as this keeps spreading. Jack, I thought correct,

468
00:25:51,400 --> 00:25:53,680
Speaker 1: And Jack, I mean to your point when you asked

469
00:25:53,760 --> 00:25:56,560
Speaker 1: Ross just about the economic impacts. I mean, I talked

470
00:25:56,560 --> 00:25:58,119
Speaker 1: about on the show a lot. I grew up outside

471
00:25:58,119 --> 00:26:02,080
Speaker 1: of Philadelphia. Schools are shut down there already. The town

472
00:26:02,119 --> 00:26:04,879
Speaker 1: where I grew up, the schools are closed as well

473
00:26:04,880 --> 00:26:08,520
Speaker 1: as the neighboring towns. And I mean, but you hear

474
00:26:08,600 --> 00:26:11,560
Speaker 1: that the that they're fighting people in Italy, if they

475
00:26:11,600 --> 00:26:16,200
Speaker 1: don't self distance it's from it's remarkable. I just don't

476
00:26:16,280 --> 00:26:21,320
Speaker 1: know how they're working population can get through the next month,

477
00:26:21,440 --> 00:26:25,040
Speaker 1: because you know, even in America, if people have to

478
00:26:25,080 --> 00:26:27,680
Speaker 1: buy a new dryer, they have to put it on layaway.

479
00:26:27,960 --> 00:26:32,040
Speaker 1: The average person doesn't have much savings. And so if

480
00:26:32,160 --> 00:26:34,400
Speaker 1: if you work in a factory, you work with your hands,

481
00:26:34,400 --> 00:26:37,000
Speaker 1: you have to go to work. You don't uh operate

482
00:26:37,000 --> 00:26:39,560
Speaker 1: off of a laptop. How are these people going to

483
00:26:39,600 --> 00:26:42,359
Speaker 1: get compensated? And and that's why I think one of

484
00:26:42,400 --> 00:26:45,160
Speaker 1: the top priorities right now is to get as much

485
00:26:45,240 --> 00:26:48,960
Speaker 1: testing as possible, get that data out there. UM use

486
00:26:49,160 --> 00:26:52,280
Speaker 1: the many clinics out there, make sure that they know

487
00:26:52,480 --> 00:26:54,320
Speaker 1: how to handle it. One of the ideas I'd love

488
00:26:54,359 --> 00:26:57,719
Speaker 1: to see is UM every state has a poison control center.

489
00:26:58,280 --> 00:27:01,720
Speaker 1: UM put them to work. Let them be a clearinghouse

490
00:27:01,720 --> 00:27:03,760
Speaker 1: to tell people where to go to get help and

491
00:27:03,800 --> 00:27:05,840
Speaker 1: get tested. All right, coming up, we're gonna talk more

492
00:27:05,840 --> 00:27:07,760
Speaker 1: about this. Thanks to Ross calling for calling in on

493
00:27:07,800 --> 00:27:09,760
Speaker 1: the first day of the Italian lock up. He's a

494
00:27:09,800 --> 00:27:13,800
Speaker 1: correspondent of Feature Story News. That was fascinating. I'm Kevin Silly,

495
00:27:13,880 --> 00:27:33,520
Speaker 1: Adrian stays, Jack stays, you're listening to Bloomberg. You're listening

496
00:27:33,560 --> 00:27:38,159
Speaker 1: to Bloomberg. Sound On with Kevin Surley on Bloomberg and

497
00:27:38,240 --> 00:27:43,360
Speaker 1: one oh five point seven f M h D two Michigan, Mississippi,

498
00:27:44,480 --> 00:27:47,960
Speaker 1: North Dakota. I know Washington State, you will be hurt

499
00:27:48,359 --> 00:27:51,200
Speaker 1: in Michigan. I'm counting on you in a big way.

500
00:27:55,080 --> 00:27:58,240
Speaker 1: That was former Vice President Joe Biden speaking earlier today

501
00:27:58,760 --> 00:28:01,800
Speaker 1: on the campaign trails the Super Tuesday folks. He canceled

502
00:28:01,840 --> 00:28:05,280
Speaker 1: his campaign rally tonight, as did Senator Barnie Sanders because

503
00:28:05,320 --> 00:28:08,240
Speaker 1: of the coronavirus. But it's many Super Tuesday folks are

504
00:28:08,240 --> 00:28:09,920
Speaker 1: gonnahead to the bulls. My name is Kevin s Really

505
00:28:09,960 --> 00:28:12,720
Speaker 1: on the Chief Washington correspondent FRO Bloomberg Television of Bloomberg Radio.

506
00:28:12,920 --> 00:28:16,480
Speaker 1: Jack Kingston's here. Former Republican Congressman Adrian L. Rod, democratic

507
00:28:16,520 --> 00:28:18,919
Speaker 1: strategist who just asked me, are we gonna talk about Michigan?

508
00:28:19,760 --> 00:28:22,679
Speaker 1: Well there, I said yes, And I mean, you know,

509
00:28:22,880 --> 00:28:25,040
Speaker 1: we thought today was going to be dominated by the

510
00:28:25,080 --> 00:28:28,359
Speaker 1: mini Super Tuesday, but this coronavirus thing. I was gonna say,

511
00:28:28,400 --> 00:28:31,560
Speaker 1: I have not done the last lass Super Tuesday. On

512
00:28:31,640 --> 00:28:33,440
Speaker 1: Super Tuesday, I was doing a lot of TV. I've

513
00:28:33,640 --> 00:28:35,920
Speaker 1: not done any today. I did Wow Morning, Joe and

514
00:28:35,960 --> 00:28:39,000
Speaker 1: Hillary's book and that's it. Um. Yeah, this is completely

515
00:28:39,080 --> 00:28:42,400
Speaker 1: all consuming. It's driving the news um from every angle.

516
00:28:42,480 --> 00:28:45,320
Speaker 1: But let's still talk about Michigan. But this, this is

517
00:28:45,360 --> 00:28:47,200
Speaker 1: the favorite part of the show where we talked about

518
00:28:47,360 --> 00:28:50,080
Speaker 1: the quick take. What's on your radar? Michigan's on your radar?

519
00:28:50,120 --> 00:28:54,719
Speaker 1: Tell record turn out so far, they're saying, especially over UM,

520
00:28:54,760 --> 00:28:57,440
Speaker 1: a lot of people in Michigan vote absentee. Absent tee

521
00:28:57,480 --> 00:29:07,640
Speaker 1: ballots are up over the hundred thousand, which is significant. UM,

522
00:29:07,760 --> 00:29:11,240
Speaker 1: so really outstanding numbers there, UM in Michigan. Look, there's

523
00:29:11,240 --> 00:29:14,880
Speaker 1: a d delegates at stake. UM right now. This appears

524
00:29:14,920 --> 00:29:18,160
Speaker 1: to be Joe Biden's night to lose mission like his

525
00:29:18,320 --> 00:29:22,160
Speaker 1: race to lose. However, Kevin, you covered the campaign. You

526
00:29:22,200 --> 00:29:25,000
Speaker 1: know this. Hillary Clinton was poised to win Michigan by

527
00:29:25,040 --> 00:29:29,760
Speaker 1: ten points. It was the only state, only primary state

528
00:29:29,960 --> 00:29:32,240
Speaker 1: where our analytics were really off. We thought we were

529
00:29:32,240 --> 00:29:33,920
Speaker 1: gonna win by ten points. We lost by a point

530
00:29:33,960 --> 00:29:37,040
Speaker 1: and a half. Um, Bernie Sanders had a real force,

531
00:29:37,040 --> 00:29:40,280
Speaker 1: a real pull on those voters. Again, I think that

532
00:29:40,360 --> 00:29:42,320
Speaker 1: Joe Biden is going to have a better night than

533
00:29:43,120 --> 00:29:47,520
Speaker 1: how we fared in UM. But you know, look, this

534
00:29:47,600 --> 00:29:49,840
Speaker 1: is a big night tonight, but really the big night

535
00:29:49,960 --> 00:29:53,360
Speaker 1: is next Tuesday. The debate is on Sunday. Next Tuesday,

536
00:29:53,400 --> 00:29:56,680
Speaker 1: You've got some big states. UM tonight after you know,

537
00:29:56,720 --> 00:29:59,200
Speaker 1: all the delegates are awarded. That gets us to the

538
00:29:59,240 --> 00:30:03,000
Speaker 1: delegates being a war order than Democratic primary. Next Tuesday

539
00:30:03,200 --> 00:30:06,960
Speaker 1: is something around I think so, I mean, getting that

540
00:30:07,080 --> 00:30:10,200
Speaker 1: much closer to determining the empany and that includes Florida

541
00:30:10,280 --> 00:30:15,600
Speaker 1: the well. Bernie has made some comments there that have

542
00:30:15,680 --> 00:30:20,280
Speaker 1: not been very favorable to especially the Cuban Americans. His

543
00:30:20,520 --> 00:30:24,120
Speaker 1: alignment with Castro, his favorite toward Castro has hurt him.

544
00:30:24,120 --> 00:30:29,280
Speaker 1: But um, you know, anything could happen. Still look like

545
00:30:29,320 --> 00:30:32,360
Speaker 1: they're moving in the direction it feels. It feels not

546
00:30:32,480 --> 00:30:34,160
Speaker 1: that they're moving there, I mean it feels like we're

547
00:30:34,160 --> 00:30:37,280
Speaker 1: at a tipping point. It does feel like we're the

548
00:30:36,960 --> 00:30:41,080
Speaker 1: tipping point. And again, I think more after next Tuesday.

549
00:30:41,160 --> 00:30:43,400
Speaker 1: I look at the next seven days as being very

550
00:30:43,400 --> 00:30:46,160
Speaker 1: crucial because again you've got tonight and then you've got

551
00:30:46,160 --> 00:30:48,400
Speaker 1: the debate on Sunday night. And we have seen in

552
00:30:48,440 --> 00:30:52,520
Speaker 1: this primary election in particular, debate performances matter. Now Joe

553
00:30:52,520 --> 00:30:55,360
Speaker 1: Biden has not necessarily had to have a strong debate performance.

554
00:30:55,360 --> 00:30:57,800
Speaker 1: He's gotten away with some pretty mediocre ones. So I

555
00:30:57,840 --> 00:31:00,560
Speaker 1: think for him, he just needs to not mess up.

556
00:31:00,960 --> 00:31:03,200
Speaker 1: But this is the first time next this coming Sunday,

557
00:31:03,200 --> 00:31:05,560
Speaker 1: where you've only got Bernie Sanders and Joe Biden on

558
00:31:05,600 --> 00:31:08,720
Speaker 1: the stage for two hours, and they're going to be

559
00:31:08,720 --> 00:31:12,280
Speaker 1: going at it on every single issue under the sun, um,

560
00:31:12,400 --> 00:31:15,880
Speaker 1: and and you know, discussing their differences. So Joe Biden

561
00:31:15,880 --> 00:31:18,320
Speaker 1: has got to really be on his A game. So,

562
00:31:18,520 --> 00:31:20,520
Speaker 1: I mean, I've been joking about this a little bit

563
00:31:20,560 --> 00:31:23,680
Speaker 1: all week, but yesterday I really have. I have been

564
00:31:23,680 --> 00:31:26,760
Speaker 1: watching making my way through the Hulu Hillary documentary, and

565
00:31:27,080 --> 00:31:30,240
Speaker 1: you mentioned Michigan and how it comes up um, and

566
00:31:30,280 --> 00:31:34,560
Speaker 1: she was very critical in this documentary of Senator Sanders,

567
00:31:35,120 --> 00:31:38,240
Speaker 1: And I'm wondering what you think the differences in terms

568
00:31:38,320 --> 00:31:39,640
Speaker 1: of I mean, we don't have results, so I know

569
00:31:39,680 --> 00:31:42,080
Speaker 1: it's a little premature, but what the difference has been

570
00:31:42,080 --> 00:31:47,480
Speaker 1: between Biden's campaign in Michigan and Clinton's campaign in Michigan?

571
00:31:48,080 --> 00:31:51,960
Speaker 1: And are there you know, some uncomfortable truths about maybe

572
00:31:52,000 --> 00:31:54,160
Speaker 1: some I don't know, I mean, there are other dynamics

573
00:31:54,160 --> 00:31:56,160
Speaker 1: that play there. Well. We certainly had, I mean, and

574
00:31:56,160 --> 00:31:58,200
Speaker 1: I think the Biden campaign would admit this. We, as

575
00:31:58,200 --> 00:32:02,040
Speaker 1: in Clinton's campaign in ten had invested farm many more

576
00:32:02,080 --> 00:32:04,680
Speaker 1: resources in the state than Joe Biden has his time

577
00:32:04,720 --> 00:32:07,280
Speaker 1: around UM. In fact, in some respects, it's almost like

578
00:32:07,360 --> 00:32:10,840
Speaker 1: Joe Biden's campaign he has such a shoestring operation in

579
00:32:10,880 --> 00:32:13,920
Speaker 1: these post Super Tuesday states because he hasn't had the

580
00:32:14,280 --> 00:32:17,440
Speaker 1: financial resources to invest there. So it's almost like when

581
00:32:17,480 --> 00:32:20,480
Speaker 1: Trump started taking off in I hate to even compare

582
00:32:20,520 --> 00:32:22,960
Speaker 1: the two of them because the dynamics are so different,

583
00:32:22,960 --> 00:32:25,960
Speaker 1: but the similarities or the such that such that once

584
00:32:26,000 --> 00:32:28,280
Speaker 1: the party got behind Trump, it didn't even really matter

585
00:32:28,320 --> 00:32:30,520
Speaker 1: what his ground game look like. People were backing him,

586
00:32:30,680 --> 00:32:33,760
Speaker 1: people were supporting him, the power of earned media UM

587
00:32:33,800 --> 00:32:36,120
Speaker 1: in his place, and the party really solidified him and

588
00:32:36,160 --> 00:32:38,920
Speaker 1: everything else just sort of followed. That's starting to happen

589
00:32:38,920 --> 00:32:41,240
Speaker 1: with Joe Biden. So I'm not even sure that his

590
00:32:41,360 --> 00:32:44,440
Speaker 1: ground game matters that much in Michigan. But look, I

591
00:32:44,440 --> 00:32:46,560
Speaker 1: mean the bottom line is, and I hope everybody will

592
00:32:46,600 --> 00:32:48,720
Speaker 1: out there, get out there, will go watch the Hillary

593
00:32:48,760 --> 00:32:51,800
Speaker 1: documentary on Who Who Lose shameless plug. But she really

594
00:32:51,800 --> 00:32:57,160
Speaker 1: gets into, you know, the sexism and the inherent dislike

595
00:32:57,240 --> 00:32:59,720
Speaker 1: of Hillary Clinton that really helped Bernie Sanders and a

596
00:32:59,720 --> 00:33:03,360
Speaker 1: lot of places. I think now that she's on in

597
00:33:03,400 --> 00:33:05,400
Speaker 1: the ticket, um, Joe Biden is really being able to

598
00:33:05,760 --> 00:33:09,120
Speaker 1: benefit from the moderate establishment coming around him and the

599
00:33:09,160 --> 00:33:12,160
Speaker 1: moderate wing of our party. What we are seeing now

600
00:33:12,240 --> 00:33:15,840
Speaker 1: it comes to fruition. The moderate people who consider themselves

601
00:33:15,880 --> 00:33:19,640
Speaker 1: to be moderate. Um. You know, voters in the Democratic

602
00:33:19,680 --> 00:33:23,120
Speaker 1: Party are far outweigh the progressive liberal base of I

603
00:33:23,160 --> 00:33:25,120
Speaker 1: think it's even if you whether you like her or

604
00:33:25,160 --> 00:33:27,239
Speaker 1: you don't like her, I think it's a fascinating if

605
00:33:27,240 --> 00:33:30,600
Speaker 1: you're a political junkie like I am. It's it's it's

606
00:33:30,680 --> 00:33:33,160
Speaker 1: really it's. It reminds me of the Romney documentary, which

607
00:33:33,160 --> 00:33:37,000
Speaker 1: I also think is amazing because you can you see

608
00:33:37,000 --> 00:33:39,840
Speaker 1: people in a different I think former President Clinton's role

609
00:33:39,840 --> 00:33:43,200
Speaker 1: in this documentary is riven ng because you it's the

610
00:33:43,240 --> 00:33:46,440
Speaker 1: first time, and I'm I'm a little younger, but it's

611
00:33:46,480 --> 00:33:50,040
Speaker 1: the first time I've heard him talk about those scandals

612
00:33:50,080 --> 00:33:54,720
Speaker 1: and and also those big, you know, historical moments candidly,

613
00:33:55,040 --> 00:33:57,960
Speaker 1: and I've never seen him talking about I've never heard him,

614
00:33:58,000 --> 00:34:00,400
Speaker 1: so I'm you know, I thought it was riveting or something.

615
00:34:00,600 --> 00:34:02,800
Speaker 1: The thing about that, I think one thing that did

616
00:34:02,880 --> 00:34:06,120
Speaker 1: hurt Hillary is that Bill Clinton, despite his faults, was

617
00:34:06,160 --> 00:34:08,920
Speaker 1: a very likable guy. I mean, he could frustrate the

618
00:34:08,920 --> 00:34:12,279
Speaker 1: heck out of we Republicans. Don't tell don't go there

619
00:34:12,280 --> 00:34:16,520
Speaker 1: and tell me Jack that Hillary is not likable. I

620
00:34:16,520 --> 00:34:22,040
Speaker 1: can't talk. I wish I had a bell. Moving on.

621
00:34:22,080 --> 00:34:26,319
Speaker 1: This isn't the view what I actually wanted to ask

622
00:34:26,320 --> 00:34:28,320
Speaker 1: you about the Poland because I worked with Joe Crowley

623
00:34:28,440 --> 00:34:30,719
Speaker 1: and his numbers said he was gonna win two and

624
00:34:30,760 --> 00:34:35,800
Speaker 1: so the polls. But I think testing for coronavirus, I

625
00:34:35,880 --> 00:34:39,279
Speaker 1: think everybody needs to have access to testing, and it

626
00:34:39,320 --> 00:34:41,520
Speaker 1: needs to be done quickly and efficiently, and it needs

627
00:34:41,520 --> 00:34:44,239
Speaker 1: to be done on a bipartisan, non political basis. All right,

628
00:34:44,400 --> 00:34:48,360
Speaker 1: that's fascinating. Here's what's all my radar. President General Secretary

629
00:34:48,400 --> 00:34:51,440
Speaker 1: Shu paying of China uh he visited Wuhan in a

630
00:34:51,520 --> 00:34:55,240
Speaker 1: sign that China sees the virus under control, a stark

631
00:34:55,239 --> 00:34:58,239
Speaker 1: contrast from our earlier guests, who is in Italy and

632
00:34:58,719 --> 00:35:00,880
Speaker 1: ten thousand cases and it ly in the whole country's

633
00:35:00,920 --> 00:35:03,600
Speaker 1: on lockdown. Reading from the Bloomberg terminal. Chinese President Jujing

634
00:35:03,600 --> 00:35:07,880
Speaker 1: Ping visited the coronavirus epicenter of Wuhan for the first

635
00:35:07,920 --> 00:35:11,440
Speaker 1: time since the disease emerged, a trip intended to project

636
00:35:11,480 --> 00:35:14,880
Speaker 1: confidence that his government has managed to stem it spread domestically.

637
00:35:14,920 --> 00:35:18,160
Speaker 1: He arrived Tuesday morning in the Capitol UM and he

638
00:35:18,320 --> 00:35:22,880
Speaker 1: visited a hospital UM and dedicated facilities built specifically of

639
00:35:22,920 --> 00:35:25,760
Speaker 1: one of the two dedicated facilities built specifically to treat

640
00:35:26,160 --> 00:35:30,200
Speaker 1: virus patients. Sorry, I mean they're trying to project some confidence. Tomorrow,

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00:35:30,600 --> 00:35:32,719
Speaker 1: also on my radar, top banking officials are going to

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00:35:32,760 --> 00:35:35,360
Speaker 1: be at the White House UM and they're going to

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00:35:35,400 --> 00:35:37,759
Speaker 1: be meeting with President Trump. We have a minute left,

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Speaker 1: and I really want to do this. Jack, what was

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00:35:40,120 --> 00:35:42,440
Speaker 1: your I'm jumping all over the map, but I do

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00:35:42,480 --> 00:35:44,440
Speaker 1: want to hear this. What was your favorite memory of Congress?

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00:35:44,719 --> 00:35:49,000
Speaker 1: Besides debating? I was going but we both had that

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00:35:49,040 --> 00:35:52,000
Speaker 1: opportunity and UM, and we have great respect for each other.

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00:35:52,080 --> 00:35:55,200
Speaker 1: But UM, I had the opportunity to put a medal

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Speaker 1: on a Baton death March survivor who was also a

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00:36:00,040 --> 00:36:05,840
Speaker 1: POW in Japan. UM. Despite the despite surviving that, UM,

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00:36:05,880 --> 00:36:09,600
Speaker 1: but the incredible thing is there was a wonderful love story.

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00:36:09,880 --> 00:36:13,280
Speaker 1: He had married a sixteen year old in Savannah, Georgia.

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Speaker 1: They found out she was married, made her quit school

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Speaker 1: because they said, we don't let married people go to

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00:36:18,960 --> 00:36:21,520
Speaker 1: high school here. She had to fit finish up g D.

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Speaker 1: Her parents said, getting this marriage in the old you

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Speaker 1: and never see the guy again because you know, he

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00:36:25,800 --> 00:36:30,200
Speaker 1: totally disappeared. He was a pow and came back. They

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00:36:30,200 --> 00:36:34,040
Speaker 1: were married for seventy five years. It was just a

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Speaker 1: great story. Is a great story to end the show.

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Speaker 1: All right, Thank you Jack, Thank you Adrian. I'm Kevin Cirelli,

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Speaker 1: Chief Washington correspondent for Bloomberg Television of Bloomberg Radio. After

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Speaker 1: a day of the coronavirus, we need a love story

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Speaker 1: to pick us up. You're listening to Bloomberg on