1 00:00:02,520 --> 00:00:10,119 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the 2 00:00:10,119 --> 00:00:13,880 Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at 3 00:00:13,920 --> 00:00:16,720 Speaker 1: noon and five pm E's durn on Apple, Cocklay and 4 00:00:16,720 --> 00:00:20,119 Speaker 1: Android Auto with the Bloomberg Business App. Listen on demand 5 00:00:20,160 --> 00:00:25,080 Speaker 1: wherever you get your podcasts, or watch us live on YouTube. 6 00:00:25,400 --> 00:00:28,880 Speaker 2: Proceedings in Plains, Georgia, where Jimmy Carter, the thirty ninth President, 7 00:00:28,920 --> 00:00:31,960 Speaker 2: has just arrived ahead of a service at the Baptist 8 00:00:32,040 --> 00:00:35,800 Speaker 2: church where he spent every Sunday for decades. Joe, this 9 00:00:35,840 --> 00:00:37,839 Speaker 2: will be a much smaller affair, and we are expecting 10 00:00:37,840 --> 00:00:40,000 Speaker 2: a flyover in his honor, a Navy fly over which 11 00:00:40,000 --> 00:00:41,720 Speaker 2: we can show you if you're with us on Bloomberg 12 00:00:41,760 --> 00:00:46,040 Speaker 2: TV and YouTube. Of course, in his honor, and especially 13 00:00:46,080 --> 00:00:49,200 Speaker 2: in consideration of his service in the US Navy, having 14 00:00:49,200 --> 00:00:49,960 Speaker 2: attended at the. 15 00:00:50,000 --> 00:00:53,960 Speaker 3: Atal Academy Naval Academy graduate became a nuclear physicist and 16 00:00:54,000 --> 00:00:56,120 Speaker 3: got into the submarine program in the United States Navy, 17 00:00:56,120 --> 00:00:57,600 Speaker 3: which is not something I think a lot of people 18 00:00:57,840 --> 00:01:00,760 Speaker 3: tend to remember or associate with our three ninth president. 19 00:01:01,520 --> 00:01:03,720 Speaker 3: But this is just part of the process that, as 20 00:01:03,720 --> 00:01:06,280 Speaker 3: you mentioned, Kaylee, began this morning in Washington, as we 21 00:01:06,319 --> 00:01:08,840 Speaker 3: get down of this small town of Planes, Georgia. 22 00:01:09,640 --> 00:01:12,760 Speaker 2: Absolutely, and as we consider the proceedings in Planes, they 23 00:01:12,800 --> 00:01:15,920 Speaker 2: of course follow the services here in Washington, d c. 24 00:01:16,360 --> 00:01:19,720 Speaker 2: Earlier today at the National Cathedral. And our next guest 25 00:01:19,720 --> 00:01:22,760 Speaker 2: to someone who was in attendance at that state funeral, 26 00:01:22,800 --> 00:01:25,280 Speaker 2: Gene Harmon, is with us here on balance of Power, 27 00:01:25,319 --> 00:01:28,000 Speaker 2: Chair of the Commission on the National Defense Strategy. Also 28 00:01:28,080 --> 00:01:32,360 Speaker 2: served as Deputy Secretary of the Cabinet in the Carter administration. Jane, 29 00:01:32,440 --> 00:01:35,080 Speaker 2: thank you so much for your time this evening, on 30 00:01:35,160 --> 00:01:38,440 Speaker 2: this day of morning. Can you just describe for us 31 00:01:38,480 --> 00:01:41,720 Speaker 2: what that service was like today and how you saw 32 00:01:43,040 --> 00:01:45,399 Speaker 2: Jimmy Carter remembered in those halls. 33 00:01:48,080 --> 00:01:49,120 Speaker 4: Of course I can. 34 00:01:49,240 --> 00:01:52,880 Speaker 5: I was sitting in the congressional sections and in the 35 00:01:52,920 --> 00:01:57,520 Speaker 5: front several rows were six Supreme Court justices apropos of 36 00:01:57,520 --> 00:01:59,920 Speaker 5: what you were just talking about, including the Chief just 37 00:02:00,120 --> 00:02:03,160 Speaker 5: this and I thought that was extremely interesting and respectful. 38 00:02:03,480 --> 00:02:06,960 Speaker 5: The leaders of the House were there, bipartisan Mike Johnson 39 00:02:07,080 --> 00:02:12,079 Speaker 5: was there, and many many other dignitaries on a bipartisan basis. 40 00:02:12,320 --> 00:02:16,160 Speaker 5: They service was pitch perfect. All the people who should 41 00:02:16,200 --> 00:02:20,320 Speaker 5: have spoken did and when President Biden spoke. He looked 42 00:02:20,320 --> 00:02:22,720 Speaker 5: in the direction of President Trump, who was sitting in 43 00:02:22,760 --> 00:02:26,880 Speaker 5: the audience near the front, and talked about character, character, character, 44 00:02:27,000 --> 00:02:29,760 Speaker 5: That's what he kept saying. I thought it was a 45 00:02:29,880 --> 00:02:33,760 Speaker 5: very strong speech. But the Carter grandsons hit it out 46 00:02:33,760 --> 00:02:36,360 Speaker 5: of the park. They were magnificent. And my old friend 47 00:02:36,400 --> 00:02:40,919 Speaker 5: from our college intern days, Stu Eisenstadt, defended Carter's record 48 00:02:40,960 --> 00:02:43,480 Speaker 5: in the White House. I was there, and I agree 49 00:02:43,480 --> 00:02:45,600 Speaker 5: with Stu, and I'm so glad that he was invited 50 00:02:45,639 --> 00:02:46,080 Speaker 5: to speak. 51 00:02:46,120 --> 00:02:48,400 Speaker 4: At the end, Andy Young, who. 52 00:02:48,280 --> 00:02:53,240 Speaker 5: Was extremely frail but was Carter's ambassador of the United 53 00:02:53,320 --> 00:02:56,480 Speaker 5: Nations and a civil rights leader of major proportions in 54 00:02:56,560 --> 00:02:59,640 Speaker 5: mayor of Atlanta, spoke. He had to be sort of 55 00:02:59,680 --> 00:03:01,920 Speaker 5: heft onto his chair, but he spoke. 56 00:03:01,639 --> 00:03:04,799 Speaker 4: Without notes, and he spoke about a man who. 57 00:03:04,680 --> 00:03:07,760 Speaker 5: Grew up in a minority and he was white in 58 00:03:07,840 --> 00:03:11,040 Speaker 5: a mostly black area where Plains, Georgia is, and as 59 00:03:11,080 --> 00:03:14,640 Speaker 5: someone who visited planes after the Carter presidency. I thought 60 00:03:14,680 --> 00:03:16,400 Speaker 5: that was an amazing thing. Let me just say a 61 00:03:16,440 --> 00:03:19,520 Speaker 5: couple more things. I met my late husband, Sidney Harmon 62 00:03:19,600 --> 00:03:21,519 Speaker 5: in the White House in the Roosevelt Room. 63 00:03:21,520 --> 00:03:23,560 Speaker 4: He had a position in the Carter administration too. 64 00:03:23,600 --> 00:03:30,080 Speaker 5: He was Deputy Secretary of Commerce, and Carter was very proprietary. 65 00:03:29,360 --> 00:03:30,160 Speaker 4: About all this. 66 00:03:30,680 --> 00:03:32,880 Speaker 5: And we married a few years later, and when I 67 00:03:32,960 --> 00:03:36,440 Speaker 5: ran for Congress, the first office I had sought since 68 00:03:36,520 --> 00:03:40,040 Speaker 5: junior high school treasurer, which I lost, Carter sent me 69 00:03:40,320 --> 00:03:43,880 Speaker 5: five hundred dollars personal check with a note that said, 70 00:03:43,920 --> 00:03:46,880 Speaker 5: you'll represent not only California, but the Carter family. 71 00:03:49,400 --> 00:03:54,800 Speaker 3: When we consider his legacy, it's really interesting. There is 72 00:03:54,840 --> 00:03:56,320 Speaker 3: so much that you can look at here. And I've 73 00:03:56,360 --> 00:04:00,600 Speaker 3: heard a lot today about domestic policy, about gas lines, right, 74 00:04:00,640 --> 00:04:03,240 Speaker 3: I've heard about the malaise in this country. Of course, 75 00:04:03,240 --> 00:04:06,200 Speaker 3: his relationship with the Middle East was incredibly important. Many 76 00:04:06,200 --> 00:04:09,200 Speaker 3: people will point to the Iranian hostage crisis, but the 77 00:04:09,280 --> 00:04:12,520 Speaker 3: Camp David Accords Jane are still in place today. Does 78 00:04:12,520 --> 00:04:14,240 Speaker 3: he get credit for it? 79 00:04:14,240 --> 00:04:19,560 Speaker 5: It's right some yes, of course he does, and they 80 00:04:19,560 --> 00:04:24,680 Speaker 5: would never have happen. Credit deserve persistance, I would say no. 81 00:04:25,839 --> 00:04:28,400 Speaker 5: Subsequent to his presidency, he took some positions in the 82 00:04:28,440 --> 00:04:30,920 Speaker 5: Middle East and wrote a book which had a provocative title, 83 00:04:31,839 --> 00:04:35,120 Speaker 5: including apartheid, and so I think some people backed off 84 00:04:35,160 --> 00:04:39,720 Speaker 5: of this, but he went himself between the cabins at 85 00:04:39,760 --> 00:04:42,680 Speaker 5: Camp David to keep the leaders in place, and Stu 86 00:04:42,800 --> 00:04:46,360 Speaker 5: Eisenstadt in another form, described the fact that he gave 87 00:04:46,400 --> 00:04:48,919 Speaker 5: Monocham began, and the Israeli leader, who was about to 88 00:04:49,000 --> 00:04:53,400 Speaker 5: leave and not sign the accord, personally signed pictures to 89 00:04:53,440 --> 00:04:56,520 Speaker 5: all of his grandchildren, and that was the tipping point, 90 00:04:56,560 --> 00:05:00,200 Speaker 5: and began said, oh, okay, I'll sign, but Sadad, the 91 00:05:00,240 --> 00:05:04,440 Speaker 5: other leader, paid with his life for this later in time. 92 00:05:04,600 --> 00:05:09,400 Speaker 5: So you know, Carter was amazingly persistent. Character was his 93 00:05:09,560 --> 00:05:12,960 Speaker 5: major quality, along with humility. And I saw it in 94 00:05:13,000 --> 00:05:15,760 Speaker 5: space when I worked for him, and when I watched 95 00:05:15,800 --> 00:05:19,440 Speaker 5: him in his post presidency and basically kept knowing him. 96 00:05:20,400 --> 00:05:22,799 Speaker 4: It's something we need more than anything. 97 00:05:22,360 --> 00:05:25,200 Speaker 5: Else in Washington right now. 98 00:05:26,600 --> 00:05:29,960 Speaker 2: Well, when we consider that, Jane, and in the cathedral 99 00:05:30,000 --> 00:05:33,159 Speaker 2: with you today were the five other living presidents, many 100 00:05:33,200 --> 00:05:35,480 Speaker 2: of them political rivals, who were sitting next to each 101 00:05:35,520 --> 00:05:38,480 Speaker 2: other in those pews, including Barack Obama and Donald Trump, 102 00:05:38,720 --> 00:05:42,080 Speaker 2: Kamala Harris sitting just a few seats over having lost 103 00:05:42,080 --> 00:05:45,080 Speaker 2: to Trump in November. Did you see in the cathedral 104 00:05:45,080 --> 00:05:48,560 Speaker 2: today the kind of bipartisanship in this unique moment in 105 00:05:48,600 --> 00:05:51,320 Speaker 2: American politics that we don't often get to see anymore. 106 00:05:53,320 --> 00:05:54,560 Speaker 4: I definitely saw that. 107 00:05:54,760 --> 00:05:58,200 Speaker 5: Well. Not only were Obama and Trump talking to each other, 108 00:05:58,560 --> 00:06:02,760 Speaker 5: but the son of Mondale and Ford spoke. And to 109 00:06:02,839 --> 00:06:06,040 Speaker 5: remind Gerald Ford was a Republican who lost to Jimmy 110 00:06:06,040 --> 00:06:10,279 Speaker 5: Carter in nineteen seventy six, and his son, Steve gave 111 00:06:10,320 --> 00:06:16,880 Speaker 5: an enormously appealing speech that Ford had written before he died. 112 00:06:17,000 --> 00:06:19,240 Speaker 5: They agreed that they would write speeches for each other, 113 00:06:19,680 --> 00:06:23,040 Speaker 5: and we're joking about who would die first, but at 114 00:06:23,040 --> 00:06:27,359 Speaker 5: any rate, it talked about written by Gerald Ford, the 115 00:06:27,400 --> 00:06:31,039 Speaker 5: amazing friendship they developed, and that's what we need. I've 116 00:06:31,120 --> 00:06:33,680 Speaker 5: seen that. You know, I've been in politics a long time. 117 00:06:33,680 --> 00:06:35,800 Speaker 5: I was a Senate aide, and then a Carter aide, 118 00:06:35,800 --> 00:06:39,159 Speaker 5: and then you know, in Congress for nine terms. I've seen, 119 00:06:39,200 --> 00:06:43,479 Speaker 5: sadly the slippery slope away from bipartisanship. But that's what 120 00:06:43,560 --> 00:06:46,640 Speaker 5: the American people want. They want people working together to 121 00:06:46,760 --> 00:06:49,960 Speaker 5: solve hard problems. They don't want people blaming each other 122 00:06:50,240 --> 00:06:52,280 Speaker 5: for not solving problems. 123 00:06:53,720 --> 00:06:57,720 Speaker 3: We're watching the remains of Jimmy Carter be transferred once 124 00:06:57,760 --> 00:07:01,320 Speaker 3: again ahead of his service at the church in Plains, Georgia. 125 00:07:01,920 --> 00:07:04,800 Speaker 3: A live shot here on Bloomberg's TV and on YouTube 126 00:07:04,880 --> 00:07:06,839 Speaker 3: of the hearst that has brought him here. We just 127 00:07:06,920 --> 00:07:10,600 Speaker 3: witnessed the flyover and as we saw the state funeral 128 00:07:10,640 --> 00:07:13,800 Speaker 3: this morning, Kaylie, you've made the point that has well taken. 129 00:07:13,840 --> 00:07:19,120 Speaker 3: The contrast between these two services could not be greater. Jane, 130 00:07:19,360 --> 00:07:21,680 Speaker 3: as we look at this moment, now what this means 131 00:07:21,720 --> 00:07:24,800 Speaker 3: for his family members who traveled to Washington for the 132 00:07:24,800 --> 00:07:28,360 Speaker 3: grandeur in the National Cathedral and now amongst themselves for 133 00:07:28,440 --> 00:07:29,800 Speaker 3: this family moment. 134 00:07:33,480 --> 00:07:34,320 Speaker 4: This is the moment. 135 00:07:34,520 --> 00:07:36,680 Speaker 5: I mean, he was a Sunday school teacher, he was 136 00:07:36,720 --> 00:07:39,720 Speaker 5: a preacher, he was a missionary, and that fueled his 137 00:07:39,800 --> 00:07:43,880 Speaker 5: whole life. And this is where he should be, next 138 00:07:43,880 --> 00:07:47,840 Speaker 5: to his wife, Rosalind. I think that's the plan, and 139 00:07:48,880 --> 00:07:51,640 Speaker 5: the nod to all of his parts of his life 140 00:07:51,800 --> 00:07:54,360 Speaker 5: I think was brilliant. I hope he'll let me say 141 00:07:54,360 --> 00:07:57,200 Speaker 5: a few words about the Los Angeles fire. May may 142 00:07:57,240 --> 00:07:59,600 Speaker 5: I change the subject for a minute, because I'm from 143 00:07:59,640 --> 00:08:03,440 Speaker 5: Los agit Antilus, and I'm still a resident of Venice, California, 144 00:08:03,600 --> 00:08:06,200 Speaker 5: very near the area that was so impacted, and i 145 00:08:06,360 --> 00:08:09,760 Speaker 5: have people closest to me who lost everything in that fire, 146 00:08:10,040 --> 00:08:12,480 Speaker 5: and I just want to command not only the fire 147 00:08:12,800 --> 00:08:16,800 Speaker 5: service in the area. But President Biden today for speaking 148 00:08:16,880 --> 00:08:19,400 Speaker 5: up and saying all expenses will be covered for one 149 00:08:19,480 --> 00:08:22,239 Speaker 5: hundred and eighty days and taking some of the pressure 150 00:08:22,240 --> 00:08:24,200 Speaker 5: off that area which is still under siege. 151 00:08:24,520 --> 00:08:26,560 Speaker 4: It's very very important. 152 00:08:26,120 --> 00:08:29,600 Speaker 5: To me personally to the people I love, and obviously 153 00:08:29,920 --> 00:08:33,479 Speaker 5: this is where we should be spending money on catastrophes 154 00:08:33,600 --> 00:08:33,800 Speaker 5: like this. 155 00:08:35,520 --> 00:08:37,760 Speaker 2: Well, it's your point as well, taken, Jane, and our 156 00:08:37,760 --> 00:08:39,959 Speaker 2: thoughts are with everyone who has been effective as the 157 00:08:40,440 --> 00:08:43,360 Speaker 2: affected as they're still trying to fight fires that in 158 00:08:43,400 --> 00:08:47,160 Speaker 2: some areas remain burning out of control. As you consider 159 00:08:47,240 --> 00:08:49,000 Speaker 2: what the days and weeks to come will look like, 160 00:08:49,080 --> 00:08:51,760 Speaker 2: knowing that Donald Trump will be coming in to the 161 00:08:51,760 --> 00:08:54,720 Speaker 2: Oval office as well, Joe Biden can only do so 162 00:08:54,800 --> 00:08:58,520 Speaker 2: much here, presumably especially in the recovery period, and Donald 163 00:08:58,520 --> 00:09:00,800 Speaker 2: Trump has not had kind words to say about the 164 00:09:00,840 --> 00:09:03,439 Speaker 2: handling of this entire situation on the part of Governor 165 00:09:03,960 --> 00:09:07,040 Speaker 2: Gavin Newsom. How do you hope that the new administration 166 00:09:07,200 --> 00:09:08,960 Speaker 2: moves forward and handling the aftermath. 167 00:09:10,760 --> 00:09:12,160 Speaker 4: Well, I think it's an early test. 168 00:09:12,960 --> 00:09:16,240 Speaker 5: Human beings of all stripes and all colors and all 169 00:09:16,240 --> 00:09:20,240 Speaker 5: political flavors lost everything here. I don't think the fire 170 00:09:20,280 --> 00:09:23,839 Speaker 5: discriminated between Democrats and Republicans. And yes, water has always 171 00:09:23,840 --> 00:09:26,880 Speaker 5: been an issue in California, and yes there was some 172 00:09:27,000 --> 00:09:30,400 Speaker 5: technical issue with fire hydrants and water, but the winds 173 00:09:30,400 --> 00:09:34,199 Speaker 5: were too hard, too high for air cover to drop 174 00:09:34,240 --> 00:09:36,199 Speaker 5: water from the air and that was a huge problem. 175 00:09:36,240 --> 00:09:41,679 Speaker 5: And the blame game can be played later. The human game, 176 00:09:41,960 --> 00:09:44,440 Speaker 5: or the human issue needs to be addressed now. And 177 00:09:44,480 --> 00:09:47,080 Speaker 5: that's what Joe Biden is doing. And I would guess 178 00:09:47,160 --> 00:09:52,200 Speaker 5: that President Trump would stop just criticizing Governor Newsom and 179 00:09:52,360 --> 00:09:55,240 Speaker 5: would want to provide this kind of aid. I think 180 00:09:55,280 --> 00:09:57,200 Speaker 5: a lot of his supporters live in this area too. 181 00:09:57,240 --> 00:10:01,200 Speaker 5: I'm sure that they do. And this is President this 182 00:10:01,320 --> 00:10:03,880 Speaker 5: is what President Biden does well, and this is what 183 00:10:03,920 --> 00:10:05,480 Speaker 5: President Carter did well. 184 00:10:05,920 --> 00:10:08,040 Speaker 4: You reach for humanity, I mean. 185 00:10:08,080 --> 00:10:10,760 Speaker 5: Human rights is a plank of our foreign policy, one 186 00:10:10,760 --> 00:10:13,440 Speaker 5: that was carried on by Ronald Reagan, who beat Jimmy 187 00:10:13,440 --> 00:10:18,280 Speaker 5: Carter because of Jimmy Carter and human rights and are. 188 00:10:18,160 --> 00:10:18,959 Speaker 4: At stake here. 189 00:10:19,480 --> 00:10:21,600 Speaker 5: Human lives are at stake here, and this is not 190 00:10:21,679 --> 00:10:23,440 Speaker 5: a time to play politics. 191 00:10:24,080 --> 00:10:27,080 Speaker 3: Spending time with Jane Harman on Balance of Power here 192 00:10:27,120 --> 00:10:29,560 Speaker 3: on Bloomberg TV and Radio. For those watching, we have 193 00:10:29,600 --> 00:10:34,880 Speaker 3: a live view from inside the Marinatha Baptist Church in Plains, Georgia, 194 00:10:34,920 --> 00:10:38,319 Speaker 3: where Jimmy Carter's remains are just now arriving. The service 195 00:10:39,000 --> 00:10:42,320 Speaker 3: will begin shortly here, Jane, as we consider what we 196 00:10:42,400 --> 00:10:45,880 Speaker 3: saw this morning in Washington, the moment of Donald Trump, 197 00:10:45,920 --> 00:10:49,280 Speaker 3: the President elect, arriving at the National Cathedral and finding 198 00:10:49,360 --> 00:10:52,360 Speaker 3: himself face to face with Mike Pence. They shook hands 199 00:10:52,880 --> 00:10:54,800 Speaker 3: and it appeared they had a few quick words. What 200 00:10:54,840 --> 00:10:56,680 Speaker 3: did you make of the interaction and how important was 201 00:10:56,720 --> 00:10:57,560 Speaker 3: that to happen today? 202 00:10:59,400 --> 00:11:02,240 Speaker 5: Well, it seems cool, but at least it happened outside 203 00:11:02,320 --> 00:11:06,760 Speaker 5: my pens whom I served with for five terms, and 204 00:11:06,800 --> 00:11:09,800 Speaker 5: got a hug. I mean, it's a shame that that 205 00:11:09,840 --> 00:11:14,000 Speaker 5: relationship ended as it did basically on January sixth, four 206 00:11:14,080 --> 00:11:17,000 Speaker 5: years ago. And it's a shame that that January sixth, 207 00:11:17,040 --> 00:11:20,360 Speaker 5: ever happened. And it's a good thing that we just 208 00:11:20,480 --> 00:11:25,559 Speaker 5: witnessed the orderly transfer of power and this extraordinary, astonishingly beautiful, 209 00:11:25,600 --> 00:11:29,800 Speaker 5: pitch perfect funeral to our thirty ninth president, who deserves 210 00:11:30,400 --> 00:11:33,960 Speaker 5: all the acclaim possible for the way he conducted himself 211 00:11:34,040 --> 00:11:36,559 Speaker 5: during his whole one hundred year lifetime. 212 00:11:39,040 --> 00:11:40,920 Speaker 3: All Right, Jane, thanks for being with us. Jane Harmon, 213 00:11:41,000 --> 00:11:43,520 Speaker 3: chair of the Commission on the National Defense Strategy, of course, 214 00:11:43,559 --> 00:11:46,839 Speaker 3: former congresswoman who worked with Jimmy Carter in the White House, 215 00:11:47,200 --> 00:11:50,280 Speaker 3: and joins us now after witnessing firsthand the services this 216 00:11:50,360 --> 00:11:53,240 Speaker 3: morning at the National Cathedral and the state funeral of 217 00:11:53,679 --> 00:11:56,240 Speaker 3: President Jimmy Carter. As we've been showing you that church 218 00:11:56,360 --> 00:11:59,679 Speaker 3: in Plains, Georgia where Jimmy Carter spent so much time 219 00:11:59,760 --> 00:12:03,120 Speaker 3: teach Sunday school, the Maranatha Baptist Church, will be the 220 00:12:03,160 --> 00:12:07,400 Speaker 3: scene of the smaller service that is to begin shortly here. 221 00:12:08,320 --> 00:12:12,320 Speaker 3: The Missing Man formation that we saw fly over Plains, Georgia. 222 00:12:12,480 --> 00:12:15,480 Speaker 3: Kind of the closing note from Washington today. Now it's 223 00:12:15,679 --> 00:12:17,680 Speaker 3: up to Georgia and the Carter family. 224 00:12:17,760 --> 00:12:19,920 Speaker 2: Yeah, and everything that proceeds from here will be much 225 00:12:19,960 --> 00:12:22,560 Speaker 2: more intimate than what we saw take place in Washington today, 226 00:12:22,600 --> 00:12:25,320 Speaker 2: including if you were with us on Bloomberg TV or YouTube, 227 00:12:25,320 --> 00:12:28,960 Speaker 2: you saw how much more humble this particular church looks like, 228 00:12:29,000 --> 00:12:31,840 Speaker 2: complared it's compared to the grandeur of the National Cathedral 229 00:12:31,880 --> 00:12:36,000 Speaker 2: here in Washington and the Pompham circumstance we saw here 230 00:12:36,040 --> 00:12:38,440 Speaker 2: in d C. And yet this is where Jimmy Carter 231 00:12:38,640 --> 00:12:41,000 Speaker 2: chose to spend his time every Sunday, where he made 232 00:12:41,040 --> 00:12:44,319 Speaker 2: sure to always get back to to teach Sunday school. 233 00:12:44,320 --> 00:12:46,240 Speaker 2: It was obviously such a big part of his life 234 00:12:46,480 --> 00:12:49,599 Speaker 2: and his beginnings which he stayed very much rooted to. 235 00:12:49,720 --> 00:12:52,160 Speaker 2: And he will be laid to rest there in Georgia, 236 00:12:52,280 --> 00:12:55,240 Speaker 2: next to his wife of seventy seven years, Rosalind Carter. 237 00:12:55,720 --> 00:12:57,840 Speaker 2: And as we talk about, it's a peanut farmer who 238 00:12:57,840 --> 00:13:00,480 Speaker 2: then rose to the office of the President of the 239 00:13:00,559 --> 00:13:04,080 Speaker 2: United States. And yet he will end his time here 240 00:13:04,200 --> 00:13:05,920 Speaker 2: on this earth, right back where he started. 241 00:13:06,360 --> 00:13:09,400 Speaker 3: That's right, having been eulogized by the sitting President of 242 00:13:09,440 --> 00:13:12,520 Speaker 3: the United States, Joe Biden. This service will be highlighted 243 00:13:12,520 --> 00:13:17,440 Speaker 3: by remarks from Tony Louden, Jimmy Carter's personal pastor, as 244 00:13:17,520 --> 00:13:20,080 Speaker 3: Jimmy Carter comes home for the last time. The special 245 00:13:20,200 --> 00:13:21,680 Speaker 3: edition of Balance of Power continues. 246 00:13:21,679 --> 00:13:22,160 Speaker 6: Stay with us. 247 00:13:22,160 --> 00:13:25,079 Speaker 3: I'm Joe Matthew alongside Kaylee Lines. This is Bloomberg. 248 00:13:27,400 --> 00:13:30,880 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 249 00:13:30,960 --> 00:13:33,800 Speaker 1: us live weekdays at noon and five pm. He's durn 250 00:13:33,960 --> 00:13:37,360 Speaker 1: on Apple, Cockley and Android Auto with the Bloomberg Business app. 251 00:13:37,400 --> 00:13:40,439 Speaker 1: You can also listen live on Amazon Alexa from our 252 00:13:40,480 --> 00:13:46,679 Speaker 1: flagship New York station Just Say Alexa played Bloomberg eleven thirty. 253 00:13:46,440 --> 00:13:49,600 Speaker 2: Welcome back to Balance of Power on Bloomberg TV and Radio. 254 00:13:49,920 --> 00:13:52,800 Speaker 2: On this Thursday, the ninth of January, a national day 255 00:13:52,800 --> 00:13:56,120 Speaker 2: of morning as the nation remembers the thirty ninth President 256 00:13:56,640 --> 00:13:59,520 Speaker 2: Jimmy Carter, who was honored with a state funeral here 257 00:13:59,559 --> 00:14:01,959 Speaker 2: in washing Rington, d c. Earlier today and has now 258 00:14:02,040 --> 00:14:06,920 Speaker 2: arrived at the Marianantha Baptist Church in Plains, Georgia, where 259 00:14:06,960 --> 00:14:10,800 Speaker 2: a smaller service will be held before he is interned 260 00:14:10,880 --> 00:14:13,440 Speaker 2: at his family plot in Plaines, next to his wife, 261 00:14:13,520 --> 00:14:18,120 Speaker 2: Rosalind Carter, for a wife of seventy seven years. A 262 00:14:18,200 --> 00:14:20,520 Speaker 2: much more humble end to a day that has included 263 00:14:20,520 --> 00:14:23,320 Speaker 2: a lot of pomp and circumstances. His life and legacy, 264 00:14:23,400 --> 00:14:26,920 Speaker 2: one hundred years of it is remembered now. 265 00:14:26,960 --> 00:14:28,880 Speaker 3: We've talked a lot today throughout the day about the 266 00:14:28,880 --> 00:14:32,600 Speaker 3: economic and cultural challenges facing the country during the presidency 267 00:14:32,640 --> 00:14:35,800 Speaker 3: of Jimmy Carter. The malaise, as some people might remember it, 268 00:14:35,920 --> 00:14:38,960 Speaker 3: or still call it, America needed something to feel good about. 269 00:14:39,120 --> 00:14:42,600 Speaker 3: You go back to the mid seventies late nineteen seventies. 270 00:14:44,160 --> 00:14:47,680 Speaker 3: That good thing arrived at the Winter Games in nineteen 271 00:14:47,760 --> 00:14:51,040 Speaker 3: eighty Lake Placid, the Miracle on Ice when Team USA 272 00:14:51,720 --> 00:14:55,120 Speaker 3: beat the Soviets, an upset and what has become known 273 00:14:55,160 --> 00:14:59,480 Speaker 3: as the greatest sports moment of the twentieth century. Kaylee 274 00:14:59,520 --> 00:15:02,720 Speaker 3: were joined by the team's captain, who made the winning goal. 275 00:15:02,800 --> 00:15:05,000 Speaker 3: And he's with us from the great city of Boston. 276 00:15:05,560 --> 00:15:08,600 Speaker 3: Mike your IZIONI welcome to Bloomberg TV and Radio. 277 00:15:08,680 --> 00:15:08,840 Speaker 5: Sir. 278 00:15:08,880 --> 00:15:11,360 Speaker 3: It's a pleasure to spend time with you on such 279 00:15:11,360 --> 00:15:14,360 Speaker 3: an important day. I wonder if you can start us 280 00:15:14,360 --> 00:15:17,440 Speaker 3: off with your thoughts on Jimmy Carter as he's laid 281 00:15:17,480 --> 00:15:20,920 Speaker 3: to rest today. You knew him well. I would suggest 282 00:15:21,120 --> 00:15:23,360 Speaker 3: that he played a very important role in your life 283 00:15:23,440 --> 00:15:24,200 Speaker 3: as you did in his. 284 00:15:26,480 --> 00:15:26,680 Speaker 6: Well. 285 00:15:26,720 --> 00:15:29,600 Speaker 7: You know, it's interesting when the President passed. The first 286 00:15:29,680 --> 00:15:32,760 Speaker 7: thought that came in my mind was we were in 287 00:15:32,760 --> 00:15:34,640 Speaker 7: the locker room. We had just beat Finland, we had 288 00:15:34,640 --> 00:15:35,480 Speaker 7: won the gold medal. 289 00:15:36,120 --> 00:15:37,360 Speaker 6: Everybody was pretty excited. 290 00:15:37,400 --> 00:15:39,560 Speaker 7: And next thing you know, President Carter is talking to 291 00:15:39,560 --> 00:15:42,560 Speaker 7: Herb Brooks, our coach, and he's done talking to Herb. 292 00:15:42,600 --> 00:15:45,560 Speaker 7: Next thing, Herb hands me the phone and I'm like, oh, 293 00:15:45,560 --> 00:15:47,080 Speaker 7: my god, I can't believe I'm going to be talking 294 00:15:47,080 --> 00:15:47,760 Speaker 7: to the President. 295 00:15:47,880 --> 00:15:50,400 Speaker 6: And I remember his words. He said, tell the team 296 00:15:50,440 --> 00:15:52,240 Speaker 6: how much I love them, and. 297 00:15:52,160 --> 00:15:54,480 Speaker 7: How proud I was of what we did and what 298 00:15:54,520 --> 00:15:57,760 Speaker 7: we accomplished, and looking forward to seeing us the White 299 00:15:57,760 --> 00:16:00,760 Speaker 7: House tomorrow. And then he said luck. And then I 300 00:16:00,880 --> 00:16:03,520 Speaker 7: remember saying I will, and I said good luck to 301 00:16:03,560 --> 00:16:06,160 Speaker 7: you too, and I just was like, oh my god, 302 00:16:06,320 --> 00:16:07,760 Speaker 7: I just said good luck to the president. 303 00:16:08,600 --> 00:16:09,479 Speaker 6: It was incredible. 304 00:16:09,600 --> 00:16:11,800 Speaker 7: It was a member of a memory, a memory I 305 00:16:12,040 --> 00:16:15,280 Speaker 7: will never ever ever forget. And then we you know, 306 00:16:15,280 --> 00:16:16,880 Speaker 7: then we went to the White House the next day, 307 00:16:16,920 --> 00:16:20,200 Speaker 7: and I'm sorry we went to the White House the 308 00:16:20,200 --> 00:16:22,880 Speaker 7: next day. He sent the no he sent the plane 309 00:16:22,920 --> 00:16:24,400 Speaker 7: to pick up all the Olympic athletes. 310 00:16:24,440 --> 00:16:27,240 Speaker 6: He brought us to the White House. He spoke to. 311 00:16:27,560 --> 00:16:31,040 Speaker 7: Everybody, and I just remember how genuine he was and 312 00:16:31,080 --> 00:16:33,800 Speaker 7: how nice both him and and missus Carter were. I 313 00:16:34,240 --> 00:16:35,920 Speaker 7: you know, I guess when you meet the President, you're 314 00:16:35,920 --> 00:16:39,560 Speaker 7: expecting something different, and he seemed like a next door neighbor. 315 00:16:40,240 --> 00:16:43,160 Speaker 7: He was very friendly, very cordial, and again, you know, 316 00:16:43,280 --> 00:16:45,640 Speaker 7: very proud of what our team did and what we accomplished. 317 00:16:45,640 --> 00:16:48,040 Speaker 7: And as you mentioned at a very difficult time in 318 00:16:48,040 --> 00:16:50,240 Speaker 7: our country, and we as a team didn't even know 319 00:16:50,280 --> 00:16:52,760 Speaker 7: we were just playing hockey and then realized that this 320 00:16:52,800 --> 00:16:54,760 Speaker 7: thing was was pretty big. 321 00:16:56,440 --> 00:16:58,640 Speaker 2: Well, So, with the benefit of hindsight, do you look 322 00:16:58,720 --> 00:17:01,800 Speaker 2: back on that in nineteen eighty and then consider what 323 00:17:01,800 --> 00:17:04,879 Speaker 2: we saw here in Washington today, a bipartisan display of 324 00:17:04,920 --> 00:17:09,560 Speaker 2: a country coming together to remember an individual like Jimmy 325 00:17:09,560 --> 00:17:12,480 Speaker 2: Carter and think about how it is these unique moments 326 00:17:12,520 --> 00:17:16,040 Speaker 2: in history that maybe give everybody a refreshing dose of 327 00:17:16,040 --> 00:17:17,120 Speaker 2: what we really need. 328 00:17:18,640 --> 00:17:21,239 Speaker 7: And look back on what, you know, what makes this 329 00:17:21,280 --> 00:17:24,159 Speaker 7: country so great is people like President Carter, people who 330 00:17:24,520 --> 00:17:26,639 Speaker 7: believe in this country and believe in all the great 331 00:17:26,640 --> 00:17:27,320 Speaker 7: things that we have. 332 00:17:28,240 --> 00:17:29,760 Speaker 6: I know it's a difficult time for everybody. 333 00:17:29,760 --> 00:17:31,480 Speaker 7: It was a difficult time in nineteen eighty, but we 334 00:17:31,520 --> 00:17:33,840 Speaker 7: found our way through it, and I think we can 335 00:17:33,880 --> 00:17:36,080 Speaker 7: do that again. It's just, you know, people just got 336 00:17:36,240 --> 00:17:39,240 Speaker 7: stop believing and stop respecting people and go back to 337 00:17:39,280 --> 00:17:41,560 Speaker 7: some old fashioned values that I think we've lost. And 338 00:17:42,119 --> 00:17:45,080 Speaker 7: I mean that to me was President Carter, and more 339 00:17:45,119 --> 00:17:47,000 Speaker 7: so not so much while he was the president, but 340 00:17:47,040 --> 00:17:50,640 Speaker 7: what he did after his presidency. I think he's probably 341 00:17:50,720 --> 00:17:54,560 Speaker 7: more recognizing and appreciated for what he did later and 342 00:17:55,280 --> 00:17:58,000 Speaker 7: what he stood for as a man. And I think 343 00:17:58,080 --> 00:17:59,639 Speaker 7: you know that's what we need now, is we need 344 00:17:59,640 --> 00:18:02,040 Speaker 7: people just so let's let's get this act going. Let's 345 00:18:02,040 --> 00:18:04,600 Speaker 7: get together again. We are so fortunate to be in 346 00:18:04,600 --> 00:18:06,679 Speaker 7: the country that we live in. Let's let's start to 347 00:18:06,680 --> 00:18:07,520 Speaker 7: get things right. 348 00:18:08,680 --> 00:18:12,280 Speaker 3: Start believing again. He says, Look, I can't imagine what 349 00:18:12,320 --> 00:18:13,840 Speaker 3: it was like to get on Air Force one and 350 00:18:13,880 --> 00:18:16,960 Speaker 3: to your point, a team of young men, you had 351 00:18:17,000 --> 00:18:20,040 Speaker 3: no idea politically or probably culturally what this meant. So 352 00:18:20,080 --> 00:18:21,840 Speaker 3: I want to know when you did and how long 353 00:18:21,880 --> 00:18:24,080 Speaker 3: it suited for you to realize the significance of this. 354 00:18:24,200 --> 00:18:26,240 Speaker 3: Was it when you stepped off Air Force one at 355 00:18:26,280 --> 00:18:27,040 Speaker 3: Andrews Air. 356 00:18:26,880 --> 00:18:30,160 Speaker 7: Force Base, Right when we got off Air Force one 357 00:18:30,160 --> 00:18:31,679 Speaker 7: and we're on our way to the White House, the 358 00:18:31,760 --> 00:18:36,680 Speaker 7: lines of people that were waving flags and chanting USA, USA, 359 00:18:36,760 --> 00:18:39,639 Speaker 7: And even now, I mean, if you saw the letters 360 00:18:39,680 --> 00:18:42,400 Speaker 7: I still get in the mail from people from all 361 00:18:42,400 --> 00:18:45,359 Speaker 7: different ages. And the funny, the funniest thing for me 362 00:18:45,440 --> 00:18:47,120 Speaker 7: is when people still come up to me and they'll 363 00:18:47,160 --> 00:18:49,879 Speaker 7: say I remember where I was when we won, And 364 00:18:49,920 --> 00:18:52,320 Speaker 7: I always say, I didn't know you were on the team. 365 00:18:53,000 --> 00:18:54,600 Speaker 6: But that's what that moment was. 366 00:18:55,480 --> 00:18:58,000 Speaker 7: People felt proud to wave the flag again, and we 367 00:18:58,080 --> 00:19:01,000 Speaker 7: were looking for something to feel good about and it. 368 00:19:01,000 --> 00:19:01,760 Speaker 6: Happened to be us. 369 00:19:01,800 --> 00:19:03,760 Speaker 7: And you know, my teammates and I to this day 370 00:19:03,800 --> 00:19:06,600 Speaker 7: are just so proud of what we were able to accomplish. 371 00:19:06,600 --> 00:19:09,280 Speaker 7: To do it in Lake Placid, there's no greater feeling 372 00:19:09,480 --> 00:19:12,320 Speaker 7: than putting on a USA jersey, other than obviously, you know, 373 00:19:12,359 --> 00:19:16,320 Speaker 7: representing the military, of being a firefighter or a police officer. 374 00:19:16,359 --> 00:19:18,520 Speaker 7: But when you put a USA jersey on, it means 375 00:19:18,520 --> 00:19:20,960 Speaker 7: something special. And when we were able to win and 376 00:19:21,000 --> 00:19:23,240 Speaker 7: do it in front of our country, I think made 377 00:19:23,280 --> 00:19:25,680 Speaker 7: it that much greater for us. 378 00:19:26,280 --> 00:19:28,440 Speaker 2: Well, and certainly it was a great moment for President 379 00:19:28,480 --> 00:19:32,120 Speaker 2: Carter as well. And I wonder after those initial days 380 00:19:32,160 --> 00:19:34,000 Speaker 2: and hours after the win, when he brought you to 381 00:19:34,040 --> 00:19:36,240 Speaker 2: the White House you got to meet him and the 382 00:19:36,240 --> 00:19:38,880 Speaker 2: first lady at the time, did you stay in touch 383 00:19:39,880 --> 00:19:43,280 Speaker 2: after that? How long did Jimmy Carter keep tabs on 384 00:19:43,280 --> 00:19:44,040 Speaker 2: the Miracle team. 385 00:19:45,720 --> 00:19:49,159 Speaker 7: I only saw him a few times over the years 386 00:19:49,680 --> 00:19:52,120 Speaker 7: when he was no longer the president. I was at 387 00:19:52,119 --> 00:19:54,240 Speaker 7: some events that he was at, and still, like I said, 388 00:19:54,680 --> 00:19:59,080 Speaker 7: just very cordial very friendly and very kind, And I 389 00:19:59,119 --> 00:20:01,360 Speaker 7: think that's a great trip to a man who obviously 390 00:20:01,400 --> 00:20:03,520 Speaker 7: was the president of the United States, but never changed 391 00:20:03,760 --> 00:20:05,919 Speaker 7: who he was as a person and the values that 392 00:20:06,000 --> 00:20:08,040 Speaker 7: he had that he had and the love that he 393 00:20:08,119 --> 00:20:10,200 Speaker 7: still had and has for this country. 394 00:20:11,480 --> 00:20:13,159 Speaker 3: Mike. The other side of the coin from the miracle 395 00:20:13,200 --> 00:20:16,560 Speaker 3: on ice was the boycott of the Summer Games that 396 00:20:16,600 --> 00:20:18,680 Speaker 3: same year. How did that make you and your teammates feel? 397 00:20:18,800 --> 00:20:20,160 Speaker 3: What did that mean for the country? 398 00:20:21,840 --> 00:20:23,360 Speaker 6: Well, you know, to me, it was very difficult. 399 00:20:23,440 --> 00:20:25,840 Speaker 7: I remember one of the first questions I got when 400 00:20:25,840 --> 00:20:28,479 Speaker 7: I got to the White House was from a reporter saying, well, 401 00:20:28,520 --> 00:20:30,240 Speaker 7: what do you think about the boycott? And I'm thinking, 402 00:20:31,080 --> 00:20:32,639 Speaker 7: we just want to go metal. Look, why don't you 403 00:20:32,640 --> 00:20:35,719 Speaker 7: ask me about that? And I think it's clearly one 404 00:20:35,720 --> 00:20:37,960 Speaker 7: of the toughest decisions the president had to make. 405 00:20:38,040 --> 00:20:39,920 Speaker 6: And you know, when you look back on it, you 406 00:20:40,000 --> 00:20:41,600 Speaker 6: know who suffered. Our athletes suffered. 407 00:20:41,600 --> 00:20:45,479 Speaker 7: They didn't get an opportunity to compete, And clearly it 408 00:20:45,520 --> 00:20:47,600 Speaker 7: was a big decision that the president and the government 409 00:20:47,800 --> 00:20:50,439 Speaker 7: obviously had to make at the time. So it was 410 00:20:50,480 --> 00:20:53,720 Speaker 7: frustrating as an athlete to have what we accomplished not 411 00:20:54,000 --> 00:20:56,480 Speaker 7: have happened for our athletes who trained so hard for 412 00:20:56,520 --> 00:20:59,520 Speaker 7: so many years to go there. But sometimes decisions have 413 00:20:59,600 --> 00:21:01,439 Speaker 7: to be made, and the President made the one that 414 00:21:01,480 --> 00:21:01,960 Speaker 7: he felt was. 415 00:21:02,000 --> 00:21:04,200 Speaker 6: Right for our nation and right for our athletes. 416 00:21:04,240 --> 00:21:06,240 Speaker 7: But you know, he still look back on that and 417 00:21:06,280 --> 00:21:08,119 Speaker 7: realized how hard it was and for him to do 418 00:21:08,160 --> 00:21:11,080 Speaker 7: that after taking so much pride and joy and what 419 00:21:11,080 --> 00:21:14,400 Speaker 7: what we accomplished to have to not let our athletes 420 00:21:14,440 --> 00:21:15,520 Speaker 7: go over and compete. 421 00:21:16,040 --> 00:21:17,840 Speaker 6: I'm sure with something that was very difficult. 422 00:21:19,280 --> 00:21:21,720 Speaker 2: Well, as you look back on it, though, considering the 423 00:21:21,800 --> 00:21:24,479 Speaker 2: knowledge we now have of the decades that have followed, 424 00:21:24,480 --> 00:21:27,080 Speaker 2: you ultimately think that was the right decision by President Carter. 425 00:21:29,440 --> 00:21:32,760 Speaker 7: Well, I guess no, because as an athlete, you wanted 426 00:21:32,800 --> 00:21:36,040 Speaker 7: to see those athletes go. You know, they trained hard, 427 00:21:36,359 --> 00:21:39,200 Speaker 7: many years of training just maybe for that one race, 428 00:21:39,240 --> 00:21:41,520 Speaker 7: so that that one moment and to not give him 429 00:21:41,520 --> 00:21:44,400 Speaker 7: the opportunity I think was was was hard and difficult, 430 00:21:44,440 --> 00:21:47,360 Speaker 7: But I guess you know that's that's that's why he's 431 00:21:47,400 --> 00:21:49,280 Speaker 7: the president and he has to make decisions like that. 432 00:21:49,400 --> 00:21:51,520 Speaker 7: But I would have liked to have seen the athletes 433 00:21:51,560 --> 00:21:54,560 Speaker 7: go and compete, and especially go over and win, and 434 00:21:54,560 --> 00:21:57,000 Speaker 7: and and and win in Russia would have been would 435 00:21:57,000 --> 00:21:57,760 Speaker 7: have been pretty nice. 436 00:21:57,840 --> 00:22:01,040 Speaker 3: Yeah, yeah, like when you talked your neighbors in Winthrop, 437 00:22:01,080 --> 00:22:03,359 Speaker 3: when you talk to your former teammates, or where you 438 00:22:03,400 --> 00:22:05,840 Speaker 3: just kind of sit down and survey the political and 439 00:22:05,840 --> 00:22:08,880 Speaker 3: cultural landscape in our country now. A lot of people 440 00:22:08,960 --> 00:22:11,960 Speaker 3: think there are parallels to that time. Do we need 441 00:22:12,000 --> 00:22:13,760 Speaker 3: another miracle on ice? 442 00:22:15,000 --> 00:22:18,280 Speaker 7: I don't know if anything can happen like that again, 443 00:22:18,359 --> 00:22:21,240 Speaker 7: unless we went over and played the Soviets in another 444 00:22:21,280 --> 00:22:25,080 Speaker 7: hockey game or something. But it's a political situation that 445 00:22:25,320 --> 00:22:28,720 Speaker 7: hopefully our politicians can work together and become one big 446 00:22:28,720 --> 00:22:29,440 Speaker 7: family again. 447 00:22:30,800 --> 00:22:31,960 Speaker 6: It's very frustrating. 448 00:22:32,000 --> 00:22:35,040 Speaker 7: You know, I have grandkids, and it's frustrating to see 449 00:22:35,359 --> 00:22:37,200 Speaker 7: the diversity that we have in this country. 450 00:22:37,440 --> 00:22:39,080 Speaker 6: And I said this earlier. We live in the greatest 451 00:22:39,119 --> 00:22:39,840 Speaker 6: country in the world. 452 00:22:39,840 --> 00:22:42,639 Speaker 7: And I hope we can get this thing back on 453 00:22:42,720 --> 00:22:44,960 Speaker 7: track and get us back to where we belong and 454 00:22:45,000 --> 00:22:47,960 Speaker 7: people believing in ourselves and people believing in each other, 455 00:22:48,000 --> 00:22:51,960 Speaker 7: and you know, keep those miracles and keep those dreams alive. 456 00:22:53,520 --> 00:22:54,520 Speaker 5: Beautiful, all right. 457 00:22:54,440 --> 00:22:56,720 Speaker 2: We'll leave it on that note. Mike You Ruzione, captain 458 00:22:56,760 --> 00:23:00,600 Speaker 2: of the nineteen eighty US men's Olympic Golden Metal winning 459 00:23:00,800 --> 00:23:02,960 Speaker 2: hockey team, the Miracle on Ice team. Thank you so 460 00:23:03,040 --> 00:23:04,960 Speaker 2: much for joining us as we remember the thirty ninth 461 00:23:05,000 --> 00:23:08,280 Speaker 2: president of Jimmy Carter, whose presidency, of course only lasted 462 00:23:08,760 --> 00:23:10,959 Speaker 2: four years, but that was an important moment in it 463 00:23:11,000 --> 00:23:13,840 Speaker 2: and of course we consider today the forty four years 464 00:23:13,840 --> 00:23:16,520 Speaker 2: nearly that followed. As we are seeing here on Bloomberg 465 00:23:16,560 --> 00:23:19,800 Speaker 2: TV and on YouTube live images inside the Baptist church 466 00:23:20,160 --> 00:23:23,760 Speaker 2: in Plains, Georgia, where his smaller funeral service is underway. 467 00:23:23,840 --> 00:23:25,760 Speaker 3: To think that we would spend time today with Mike 468 00:23:25,840 --> 00:23:31,600 Speaker 3: Irizioni and Chuck Lavell, Yeah, two different, very different worlds 469 00:23:31,600 --> 00:23:35,840 Speaker 3: in American culture, says so much about the relationships that 470 00:23:36,000 --> 00:23:38,320 Speaker 3: Jimmy Carter had in this country at the time and 471 00:23:38,359 --> 00:23:42,760 Speaker 3: the impact that he made culturally far beyond politics. In Washington, 472 00:23:43,240 --> 00:23:46,160 Speaker 3: I'm Joe Matthew alongside Kaylee Lions in Washington. We're glad 473 00:23:46,200 --> 00:23:48,359 Speaker 3: you're with us. It's a different day. The stock market 474 00:23:48,359 --> 00:23:51,160 Speaker 3: closed on a national day of mourning, and we've spent 475 00:23:51,200 --> 00:23:54,400 Speaker 3: many hours together here as we now approach the final 476 00:23:54,480 --> 00:23:57,520 Speaker 3: service in this long procession of tributes to the thirty 477 00:23:57,600 --> 00:24:00,920 Speaker 3: ninth President of the United States. View on Bloomberg TV 478 00:24:01,080 --> 00:24:04,600 Speaker 3: and on YouTube inside the church in Plains, Georgia, with 479 00:24:04,680 --> 00:24:08,159 Speaker 3: more to follow, including our political panel. Sarah Chamberlain and 480 00:24:08,280 --> 00:24:11,160 Speaker 3: Jim Kessler will be with us ahead as we unpack 481 00:24:11,200 --> 00:24:14,000 Speaker 3: what we've seen and learned today and look forward to 482 00:24:14,040 --> 00:24:17,600 Speaker 3: what is next in Congress. Stay with us here on 483 00:24:17,680 --> 00:24:20,760 Speaker 3: a special edition of the fastest show in politics. This 484 00:24:21,040 --> 00:24:21,679 Speaker 3: is Bloomberg. 485 00:24:24,000 --> 00:24:27,440 Speaker 1: You're listening to the Bloomberg Balance of Power Podcast. Catch 486 00:24:27,520 --> 00:24:30,600 Speaker 1: us live weekdays at noon and five pm Eastern on 487 00:24:30,680 --> 00:24:33,920 Speaker 1: Apple Corplay and Android Auto with the Bloomberg Business App. 488 00:24:34,000 --> 00:24:37,000 Speaker 1: You can also listen live on Amazon Alexa from our 489 00:24:37,040 --> 00:24:43,240 Speaker 1: flagship New York station, Just say Alexa play Bloomberg eleven thirty. 490 00:24:43,119 --> 00:24:46,080 Speaker 3: The Thursday edition. I'd say, but it's really a special edition, 491 00:24:46,119 --> 00:24:48,800 Speaker 3: as we've provided day long coverage live from Washington. The 492 00:24:48,800 --> 00:24:53,040 Speaker 3: state funeral of Jimmy Carter now resolving in Plains, Georgia. 493 00:24:53,160 --> 00:24:56,880 Speaker 3: As we have experienced each stage of this process together, 494 00:24:56,920 --> 00:24:59,800 Speaker 3: it's now up to the Carter family and the people 495 00:24:59,840 --> 00:25:04,359 Speaker 3: of Planes Georgia, Jimmy Carter's neighbors, to conclude the final 496 00:25:04,400 --> 00:25:07,880 Speaker 3: stages of this process, as he is, in turn next 497 00:25:07,920 --> 00:25:12,479 Speaker 3: to the former First Lady in his former hometown. Kaylee, 498 00:25:12,480 --> 00:25:14,520 Speaker 3: we have a lot more to talk about here with 499 00:25:14,600 --> 00:25:16,880 Speaker 3: the way forward in Washington, because when we come back 500 00:25:16,880 --> 00:25:20,560 Speaker 3: tomorrow it's going to be all about transition and confirmations. 501 00:25:20,800 --> 00:25:23,320 Speaker 2: Well, and as we consider Donald Trump's attendance with the 502 00:25:23,359 --> 00:25:26,200 Speaker 2: other four living presidents at the services today, he took 503 00:25:26,240 --> 00:25:29,640 Speaker 2: advantage of his time in Washington to start shaping what 504 00:25:29,720 --> 00:25:31,280 Speaker 2: this is going to look like when he takes the 505 00:25:31,320 --> 00:25:33,480 Speaker 2: oath of office eleven days from now. Having met last 506 00:25:33,560 --> 00:25:37,840 Speaker 2: night with Senate Republican leaders about budget reconciliation, knowing that 507 00:25:37,880 --> 00:25:40,840 Speaker 2: the president elect and coming president has kind of three 508 00:25:40,880 --> 00:25:43,679 Speaker 2: big buckets of things he wants to achieve in Congress, 509 00:25:43,920 --> 00:25:47,320 Speaker 2: immigration policy, energy related policy, and then of course a 510 00:25:47,359 --> 00:25:50,000 Speaker 2: massive tax package. Yes, the question is how all of 511 00:25:50,040 --> 00:25:51,920 Speaker 2: that's going to get done, And I'm not sure we 512 00:25:52,080 --> 00:25:54,400 Speaker 2: got a firm answer on that. 513 00:25:54,480 --> 00:25:56,720 Speaker 3: Well, we didn't. We've been asking for the better part 514 00:25:56,760 --> 00:25:58,720 Speaker 3: of a week. As he says, one big beautiful bill. 515 00:25:58,800 --> 00:26:01,000 Speaker 3: I think that's the preference in the US House. John 516 00:26:01,040 --> 00:26:03,119 Speaker 3: Thune sees an opportunity to get an early win, do 517 00:26:03,160 --> 00:26:05,840 Speaker 3: the rest, and on a much more complex piece of 518 00:26:05,880 --> 00:26:08,600 Speaker 3: tax legislation. Here's what Donald Trump thought after he met 519 00:26:08,600 --> 00:26:10,040 Speaker 3: with Senate Republicans yesterday. 520 00:26:10,920 --> 00:26:12,840 Speaker 8: Whether it's one bill or two bill, it's going to 521 00:26:12,880 --> 00:26:14,000 Speaker 8: get done one way or the other. 522 00:26:14,080 --> 00:26:16,800 Speaker 6: I think there's a lot of talking about too, and 523 00:26:16,840 --> 00:26:17,080 Speaker 6: there's a. 524 00:26:17,080 --> 00:26:18,800 Speaker 4: Lot of talking about one, but it doesn't matter. 525 00:26:18,840 --> 00:26:20,000 Speaker 9: The end result is the same. 526 00:26:20,840 --> 00:26:22,560 Speaker 2: We're going to get something done that's going to be 527 00:26:22,840 --> 00:26:26,280 Speaker 2: reducing Jax's and creating a lot of jobs and all 528 00:26:26,320 --> 00:26:27,800 Speaker 2: of the other things that you know about it. 529 00:26:28,800 --> 00:26:30,800 Speaker 6: But this was a really unified meeting. 530 00:26:33,960 --> 00:26:36,280 Speaker 2: So for more on what exactly is going to happen, 531 00:26:36,320 --> 00:26:39,280 Speaker 2: here we turn to our political panel. Sarah Chamberlain is 532 00:26:39,280 --> 00:26:41,800 Speaker 2: with US Republican Main Street Partnership President and CEO and 533 00:26:41,840 --> 00:26:46,919 Speaker 2: Republican strategist, alongside Democratic strategist Jim Kessler, executive vice president 534 00:26:46,920 --> 00:26:50,880 Speaker 2: for policy at Third Way. Thank you both for being here. Sarah, 535 00:26:50,920 --> 00:26:53,520 Speaker 2: I'll come to you first. Is this is largely going 536 00:26:53,560 --> 00:26:56,359 Speaker 2: to be dependent, it seems, on the decisions of congressional 537 00:26:56,400 --> 00:26:59,359 Speaker 2: leaders themselves. If Donald Trump isn't really willing to firmly 538 00:26:59,400 --> 00:27:02,000 Speaker 2: put his foot down one way or another. So if 539 00:27:02,000 --> 00:27:03,959 Speaker 2: the House has its way, what way does it go. 540 00:27:04,760 --> 00:27:06,639 Speaker 8: I think it's going to go with two bills. The 541 00:27:06,680 --> 00:27:09,840 Speaker 8: Republican Ministry Partnership members would like one bill, but just 542 00:27:09,880 --> 00:27:11,719 Speaker 8: the reality as it's probably going to end up being 543 00:27:11,800 --> 00:27:14,800 Speaker 8: too though. They're going down this weekend to meet with 544 00:27:14,840 --> 00:27:18,280 Speaker 8: the President and kind of talk through this, so we'll 545 00:27:18,280 --> 00:27:20,760 Speaker 8: have a better understanding come Monday when they get back. 546 00:27:20,920 --> 00:27:22,680 Speaker 3: Jim Customer's great to have you back at the table, 547 00:27:22,680 --> 00:27:28,119 Speaker 3: and part of our conversation here simple question who cares well? 548 00:27:31,320 --> 00:27:34,720 Speaker 10: It may not, because you know, the truth is it's 549 00:27:34,960 --> 00:27:37,840 Speaker 10: very very rare for a president not to be able 550 00:27:37,880 --> 00:27:41,800 Speaker 10: to get their reconciliation package. That's the term yes, of course, 551 00:27:41,880 --> 00:27:46,359 Speaker 10: for this through a Congress in which they have majorities 552 00:27:46,359 --> 00:27:50,639 Speaker 10: on both sides. The complication is on the House side, 553 00:27:50,800 --> 00:27:53,359 Speaker 10: there's very little room for margin in terms of votes. 554 00:27:53,880 --> 00:27:58,399 Speaker 10: On the Senate side, reconciliation is a very complicated process. 555 00:27:58,520 --> 00:28:02,080 Speaker 10: It's not complicated on the House side. So that's why 556 00:28:02,119 --> 00:28:06,639 Speaker 10: there's a different strategy from the House and Senate leaders, 557 00:28:06,640 --> 00:28:11,000 Speaker 10: because the complications are what's driving the Senate side, and 558 00:28:11,000 --> 00:28:13,880 Speaker 10: the narrow vote margin is what's driving the House side. 559 00:28:13,960 --> 00:28:16,400 Speaker 2: But that narrow margin we're talking about assumes that it's 560 00:28:16,440 --> 00:28:18,600 Speaker 2: only Republicans who are going to carry this thing over 561 00:28:18,640 --> 00:28:20,840 Speaker 2: the finish line, Are there really no Democrats who are 562 00:28:20,840 --> 00:28:23,720 Speaker 2: going to be willing to vote for, say, assault cap 563 00:28:23,800 --> 00:28:26,399 Speaker 2: increase if an ultimate package is inclusive of that or 564 00:28:26,480 --> 00:28:29,120 Speaker 2: border measures that it does seem they are more likely 565 00:28:29,160 --> 00:28:31,440 Speaker 2: to support. Now, judging by the Lincoln Riley Act. 566 00:28:31,240 --> 00:28:36,359 Speaker 10: This week, it's possible. So there have been reconciliation packages 567 00:28:36,400 --> 00:28:40,880 Speaker 10: that have been bipartisan, that happened under George W. Bush, 568 00:28:41,000 --> 00:28:45,000 Speaker 10: that happened under Ronald Reagan. More often, it's not because 569 00:28:45,000 --> 00:28:46,800 Speaker 10: they are going to There may be things in the 570 00:28:46,800 --> 00:28:49,600 Speaker 10: bill that Democrats will say absolutely not. But I would 571 00:28:49,600 --> 00:28:55,680 Speaker 10: say this, it's unlikely that Democrats provide the winning margin 572 00:28:56,160 --> 00:28:59,960 Speaker 10: on a reconciliation bill. They might provide an additional mark 573 00:29:00,600 --> 00:29:03,000 Speaker 10: on the bill, so you know, we'll see. 574 00:29:03,720 --> 00:29:07,080 Speaker 3: Speaker Johnson said that he might well make this official today. 575 00:29:07,760 --> 00:29:08,280 Speaker 9: Is this done? 576 00:29:08,280 --> 00:29:09,760 Speaker 3: We're going to do this in two chunks? And if 577 00:29:09,760 --> 00:29:11,880 Speaker 3: that's the case, how quickly will the House get to 578 00:29:11,880 --> 00:29:12,360 Speaker 3: the border? 579 00:29:12,840 --> 00:29:14,280 Speaker 8: Oh, they're going to get to the border right away. 580 00:29:14,280 --> 00:29:15,960 Speaker 8: It's a number one issue for a couple weeks of 581 00:29:16,000 --> 00:29:18,640 Speaker 8: the Absolutely, without question, it's the biggest issue of facing 582 00:29:18,680 --> 00:29:20,880 Speaker 8: the country right now. I think one of the reasons 583 00:29:20,960 --> 00:29:24,120 Speaker 8: we had of victory is because President Biden did not 584 00:29:24,720 --> 00:29:27,200 Speaker 8: do anything on the border. So this is the number 585 00:29:27,200 --> 00:29:29,680 Speaker 8: one issue the Republican Mis Street Partnership members want to 586 00:29:29,680 --> 00:29:34,920 Speaker 8: get something done in immigration quickly. It potentially could potentially, 587 00:29:35,040 --> 00:29:36,240 Speaker 8: but I don't I don't know if it's going to 588 00:29:36,280 --> 00:29:38,440 Speaker 8: get announced today. I still think the members are going 589 00:29:38,480 --> 00:29:41,160 Speaker 8: to go through the weekend to talk with President Trump 590 00:29:41,200 --> 00:29:43,400 Speaker 8: and Florida and see if we can figure it things out. 591 00:29:43,760 --> 00:29:46,080 Speaker 8: I'm not sure there's all the votes there yet, you know, 592 00:29:46,120 --> 00:29:48,800 Speaker 8: we still so. I would tell you Speaker Johnson has 593 00:29:48,840 --> 00:29:51,240 Speaker 8: the hardest job in Washington, if not one of the 594 00:29:51,280 --> 00:29:55,080 Speaker 8: hardest in the country. And we have some Republicans that 595 00:29:55,440 --> 00:29:58,840 Speaker 8: I consider them not really to be Republicans that may 596 00:29:58,920 --> 00:30:01,000 Speaker 8: still be known on the so we may need a 597 00:30:01,040 --> 00:30:03,840 Speaker 8: couple of Democrats, so there'd be some negotiation. Though I 598 00:30:03,880 --> 00:30:06,280 Speaker 8: do think it will go through absolutely well. 599 00:30:06,280 --> 00:30:08,200 Speaker 2: And as we talk about the importance of the border, 600 00:30:08,240 --> 00:30:11,000 Speaker 2: there's also been a lot of conversation ignited by Donald 601 00:30:11,000 --> 00:30:14,320 Speaker 2: Trump this week about changing US borders. Frankly, as he's 602 00:30:14,360 --> 00:30:17,440 Speaker 2: talking about Canada and Greenland and the Panama Canal, and 603 00:30:17,480 --> 00:30:20,200 Speaker 2: the chair of the Main Street Caucus, Dusty Johnson, Sarah 604 00:30:20,200 --> 00:30:22,960 Speaker 2: has put forward legislation to buy back the Panama Canal. 605 00:30:23,080 --> 00:30:24,080 Speaker 2: Is this really serious? 606 00:30:25,200 --> 00:30:27,440 Speaker 8: It is they would like to for a lot of 607 00:30:27,480 --> 00:30:29,520 Speaker 8: different reasons, one of them being trade. I mean, I 608 00:30:29,560 --> 00:30:31,280 Speaker 8: hate to get into this too much on the day 609 00:30:31,320 --> 00:30:35,160 Speaker 8: that President Carter is having his final service, but the 610 00:30:35,240 --> 00:30:37,720 Speaker 8: reality is it was probably not the smartest thing that 611 00:30:37,800 --> 00:30:40,840 Speaker 8: the late president did. And yes there is a big 612 00:30:40,840 --> 00:30:42,920 Speaker 8: movement to try to buy back the canal for the 613 00:30:42,960 --> 00:30:47,680 Speaker 8: security of the country, both economically as well as militarily. 614 00:30:48,360 --> 00:30:52,280 Speaker 3: Was struck jim by Jimmy Carter's Day one statement to 615 00:30:52,440 --> 00:30:55,880 Speaker 3: other nations. We consider what Donald Trump plans for day 616 00:30:55,880 --> 00:30:59,680 Speaker 3: one a statement that we do not seek to dominate 617 00:30:59,760 --> 00:31:03,520 Speaker 3: or dictate to others. That was the baseline for Jimmy Carter, 618 00:31:04,360 --> 00:31:08,200 Speaker 3: considering what we're about to see the contrast of taking 619 00:31:08,240 --> 00:31:11,480 Speaker 3: control of Greenland and the Panama Canal. Are we being serious? 620 00:31:12,240 --> 00:31:15,520 Speaker 10: Well, it's interesting because if you look at Donald Trump's 621 00:31:16,120 --> 00:31:20,800 Speaker 10: isolationists tendencies, that's also like we seek not to dictate. 622 00:31:20,920 --> 00:31:24,440 Speaker 10: But those isolationist tendencies now seem to be gone, and 623 00:31:24,520 --> 00:31:28,720 Speaker 10: the dominance tendency has arrived. And you know, I would 624 00:31:28,720 --> 00:31:32,880 Speaker 10: just say on the Panama Canal, you know, reacquiring it 625 00:31:32,920 --> 00:31:38,440 Speaker 10: and Greenland for Heaven's sake. Like we have adversaries out there, 626 00:31:38,480 --> 00:31:40,959 Speaker 10: they get to make their moves too, Like these moves 627 00:31:41,040 --> 00:31:47,840 Speaker 10: aren't made in a vacuum, right, And so this to me, 628 00:31:48,840 --> 00:31:53,800 Speaker 10: we are sleepwalking into conflict with other nations that may 629 00:31:53,840 --> 00:31:59,040 Speaker 10: start only being economic, but they can be military eventually. 630 00:31:59,080 --> 00:32:02,080 Speaker 10: Like this, to me, this does not bode well. I 631 00:32:02,080 --> 00:32:04,080 Speaker 10: feel like we're sleepwalking into World War one. 632 00:32:04,440 --> 00:32:04,800 Speaker 4: Wow. 633 00:32:05,360 --> 00:32:08,000 Speaker 2: Well, and having this conversation on the day in which 634 00:32:08,000 --> 00:32:10,719 Speaker 2: a president who warned, especially in the aftermath of his 635 00:32:10,760 --> 00:32:13,120 Speaker 2: presidency about the evils of war that sometimes it may 636 00:32:13,120 --> 00:32:16,120 Speaker 2: be necessary, but all the same evil. As we reflect 637 00:32:16,160 --> 00:32:18,320 Speaker 2: on his legacy and not just the four years he 638 00:32:18,360 --> 00:32:20,320 Speaker 2: spent in the White House gym, but the forty four 639 00:32:20,400 --> 00:32:24,880 Speaker 2: years almost after and everything he has done, what is 640 00:32:24,920 --> 00:32:27,640 Speaker 2: it that is going to leave the most lasting mark. 641 00:32:29,000 --> 00:32:31,760 Speaker 10: His legacy after being president is going to leave the 642 00:32:31,840 --> 00:32:37,520 Speaker 10: lasting mark? His presidency was complicated, and you know, he 643 00:32:37,640 --> 00:32:41,000 Speaker 10: had a better relationship with foreign leaders than he did 644 00:32:41,040 --> 00:32:46,200 Speaker 10: with congressional leaders, and so you know, it was a 645 00:32:46,280 --> 00:32:50,479 Speaker 10: tough presidency. Some not his fault, some mistakes of his 646 00:32:50,480 --> 00:32:56,480 Speaker 10: own making. His career after his presidency is remarkable by 647 00:32:56,680 --> 00:33:00,000 Speaker 10: any standard. And it's also it's not just a model 648 00:33:00,160 --> 00:33:03,440 Speaker 10: for former presidents. It's a model for anyone who leave 649 00:33:03,760 --> 00:33:05,720 Speaker 10: leaves their main job and says I want to do 650 00:33:05,800 --> 00:33:09,240 Speaker 10: something else with their life. Like it's really something to 651 00:33:10,040 --> 00:33:13,200 Speaker 10: hold up and say, we can all do something ourselves 652 00:33:13,240 --> 00:33:17,320 Speaker 10: after we leave the job that made us who we 653 00:33:17,360 --> 00:33:20,320 Speaker 10: are or earned our living. So I think that's his legacy. 654 00:33:20,600 --> 00:33:23,000 Speaker 3: Sarahwayan on the legacy to the extent that you wish 655 00:33:23,000 --> 00:33:26,680 Speaker 3: in the optics today inside the National Cathedral of every 656 00:33:26,720 --> 00:33:30,080 Speaker 3: living American president sitting side by side. 657 00:33:30,000 --> 00:33:32,680 Speaker 8: So have tat fit humanity. I think is probably his 658 00:33:32,840 --> 00:33:35,640 Speaker 8: greatest legacy. I worked a little bit on that and 659 00:33:35,840 --> 00:33:38,640 Speaker 8: had the pleasure yesterday of going through and paying my respects. 660 00:33:38,760 --> 00:33:41,400 Speaker 8: I mean, our townhouse is right there, so he went 661 00:33:41,440 --> 00:33:44,720 Speaker 8: over and that was really moving, So he was great. 662 00:33:45,080 --> 00:33:50,360 Speaker 8: I agree. The aftermath is better. Interesting seeing the dynamic 663 00:33:50,920 --> 00:33:54,440 Speaker 8: of the former presidents, the first ladies, the vice president. 664 00:33:54,520 --> 00:33:57,880 Speaker 8: I mean, it was very interesting, but I found it 665 00:33:57,960 --> 00:34:01,720 Speaker 8: almost as if they're like Trump started trying to fit in, 666 00:34:02,080 --> 00:34:05,000 Speaker 8: and he certainly didn't do that the last time. He 667 00:34:05,040 --> 00:34:07,520 Speaker 8: didn't even go to things last time. So he and 668 00:34:07,600 --> 00:34:10,880 Speaker 8: President Obama were kind of I would say sharing, I 669 00:34:10,880 --> 00:34:13,520 Speaker 8: mean sharing, right, they were sharing, talking a little bit. 670 00:34:13,560 --> 00:34:16,480 Speaker 8: I found that to be fascinating because before, if you remember, 671 00:34:16,640 --> 00:34:19,239 Speaker 8: if he even went at all, they kind of sat there, 672 00:34:19,560 --> 00:34:21,600 Speaker 8: he and Missus Trump, and there wasn't much. 673 00:34:21,400 --> 00:34:23,400 Speaker 3: In our actions part of the establishment. 674 00:34:23,640 --> 00:34:25,759 Speaker 8: I think he's trying to be. I really do think 675 00:34:25,800 --> 00:34:28,440 Speaker 8: he's trying to be. I think he's trying to be 676 00:34:28,560 --> 00:34:30,759 Speaker 8: and I think that his presency will reflect that this 677 00:34:30,840 --> 00:34:31,839 Speaker 8: time well. 678 00:34:31,880 --> 00:34:35,640 Speaker 2: And shaking hands with Mike Pence as well, another remarkable moment, 679 00:34:35,760 --> 00:34:39,160 Speaker 2: especially considering we began this week marking January sixth, and 680 00:34:39,239 --> 00:34:42,640 Speaker 2: considering what happened four years ago. Jim, when are we 681 00:34:42,680 --> 00:34:44,960 Speaker 2: going to be presented with another moment like this in 682 00:34:45,000 --> 00:34:47,959 Speaker 2: American politics where at least for a period of time 683 00:34:48,000 --> 00:34:50,840 Speaker 2: all five of them can sit together civilly and at 684 00:34:50,920 --> 00:34:52,800 Speaker 2: least put on the presentation of getting along. 685 00:34:53,080 --> 00:34:55,840 Speaker 10: Yeah, it's very very interesting. And the question is, like 686 00:34:56,480 --> 00:34:59,760 Speaker 10: you use the word presentation, you know, presentation of getting along, 687 00:35:00,160 --> 00:35:03,680 Speaker 10: And the question really is is this a move towards 688 00:35:03,719 --> 00:35:07,839 Speaker 10: normalcy now that he's won the presidency, or is it 689 00:35:08,320 --> 00:35:11,759 Speaker 10: we're going to take greenland, you know, and come up 690 00:35:11,760 --> 00:35:19,160 Speaker 10: with some crazy really outside the realm of mainstream ideas. 691 00:35:19,239 --> 00:35:21,600 Speaker 10: And look, I think there's a lot of folks that 692 00:35:21,680 --> 00:35:25,640 Speaker 10: are hoping Donald Trump will be tempered and be what 693 00:35:25,680 --> 00:35:29,120 Speaker 10: we just saw at this memorial service. And I think 694 00:35:29,160 --> 00:35:31,600 Speaker 10: there's others that fear that, like, well, maybe this is 695 00:35:31,719 --> 00:35:34,000 Speaker 10: just presentation the word that you used, which I think 696 00:35:34,080 --> 00:35:34,680 Speaker 10: is a good word. 697 00:35:34,800 --> 00:35:37,640 Speaker 3: We only have a minute left, Jim. It was almost 698 00:35:37,640 --> 00:35:40,520 Speaker 3: exactly a decade ago. Jimmy Carter was asked about regrets 699 00:35:41,400 --> 00:35:43,480 Speaker 3: and he said, I wish I'd sent one more helicopter 700 00:35:43,640 --> 00:35:46,040 Speaker 3: to get the hostages. We would have rescued them and 701 00:35:46,080 --> 00:35:48,399 Speaker 3: I would have been reelected. Was he right? 702 00:35:50,480 --> 00:35:55,400 Speaker 10: Possibly? You know, the Iran situation was one not of 703 00:35:55,440 --> 00:35:58,839 Speaker 10: his making. You know, he inherited this situation, the Shah, 704 00:35:59,560 --> 00:36:01,759 Speaker 10: you know, ill he leaves the country like this was 705 00:36:01,800 --> 00:36:04,800 Speaker 10: not the crisis of his making. And that's what happens 706 00:36:04,800 --> 00:36:08,040 Speaker 10: in presidencies. It's like the headlines you create and the 707 00:36:08,080 --> 00:36:10,719 Speaker 10: headlines that are created for you. I don't know, but 708 00:36:11,239 --> 00:36:15,600 Speaker 10: the four hundred and some days broadcast every single day 709 00:36:15,800 --> 00:36:16,640 Speaker 10: super damaging. 710 00:36:16,760 --> 00:36:17,520 Speaker 9: How true? 711 00:36:17,719 --> 00:36:20,239 Speaker 3: Jim Kesler, Sarah Chamberlain, many thanks to both of you 712 00:36:20,280 --> 00:36:22,800 Speaker 3: for being with us in a special day here in Washington, 713 00:36:22,880 --> 00:36:25,480 Speaker 3: d c. As things now transition to Georgia. 714 00:36:25,600 --> 00:36:28,239 Speaker 2: Kayley, Yeah, the service is underway at the Baptist Church 715 00:36:28,239 --> 00:36:31,359 Speaker 2: in Plans, Georgia. Once that concludes, the family will make 716 00:36:31,400 --> 00:36:34,160 Speaker 2: its way to the Carter House where he will be 717 00:36:34,160 --> 00:36:37,640 Speaker 2: interned next to his wife of seventy seven years, Rosalind Carter, 718 00:36:37,760 --> 00:36:39,879 Speaker 2: bringing an end to a day that has been full 719 00:36:39,880 --> 00:36:43,000 Speaker 2: of pomp and circumstance, and mostly of remembrance of the 720 00:36:43,000 --> 00:36:46,040 Speaker 2: thirty ninth President of the United States, Jimmy Carter, who 721 00:36:46,120 --> 00:36:47,480 Speaker 2: died at one hundred. 722 00:36:47,200 --> 00:36:50,920 Speaker 3: Years old, eulogized by Joe Biden today inside the National Cathedral, 723 00:36:51,000 --> 00:36:54,919 Speaker 3: memorialized by many others, including his grandson Jason Carter, whose 724 00:36:54,960 --> 00:36:57,680 Speaker 3: words will leave you with on this special edition of 725 00:36:57,760 --> 00:37:00,000 Speaker 3: Balance of Power on Bloembird TV and Radio. 726 00:37:00,719 --> 00:37:05,799 Speaker 9: Essentially, he eradicated a disease with love and respect. He 727 00:37:05,920 --> 00:37:11,040 Speaker 9: waged peace with love and respect. He led this nation 728 00:37:11,600 --> 00:37:17,880 Speaker 9: with love and respect. To me, this life was a 729 00:37:17,880 --> 00:37:21,960 Speaker 9: love story, from the moment that he woke up until 730 00:37:21,960 --> 00:37:23,080 Speaker 9: he laid his head. 731 00:37:27,120 --> 00:37:30,319 Speaker 3: Thanks for listening to the Balance of Power podcast. Make 732 00:37:30,360 --> 00:37:33,319 Speaker 3: sure to subscribe if you haven't already at Apple, Spotify, 733 00:37:33,400 --> 00:37:36,000 Speaker 3: or wherever you get your podcasts, and you can find 734 00:37:36,040 --> 00:37:39,280 Speaker 3: us live every weekday from Washington, DC at noontime Eastern 735 00:37:39,600 --> 00:37:41,040 Speaker 3: at Bloomberg dot com.