WEBVTT - Instant Reaction: Trump Dominates Iowa

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<v Speaker 1>It's a special covert show of the Iowa caucuses on

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<v Speaker 1>Bloomberg TV and Radio.

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<v Speaker 2>We thank you for joining us.

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<v Speaker 1>The race called early for Donald Trump, but we've got

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<v Speaker 1>a long way to go here in figuring out second,

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<v Speaker 1>third and the margins of victory. Bloomberg's Julie Fine joins

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<v Speaker 1>us for more from the Iowa Election Center, where she's

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<v Speaker 1>got her eyes on the numbers right now. Julie, how

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<v Speaker 1>long do you think we'll wait to learn more?

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<v Speaker 3>I think it's going to be a while before we

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<v Speaker 3>really determine second and third place because if you look

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<v Speaker 3>at the numbers that have come in, they're in the

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<v Speaker 3>smaller counties and they're smaller groups of people. So let's

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<v Speaker 3>talk to our global audience a little bit. In a

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<v Speaker 3>caucus situation, people come together and vote. The numbers that

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<v Speaker 3>they're getting now are from smaller groups, from more outlying areas.

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<v Speaker 3>You're going to need a big dump from Des Moines

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<v Speaker 3>or the bigger cities to really get that picture on

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<v Speaker 3>second place. And right now, the numbers are really showing

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<v Speaker 3>that Governor Ron DeSantis and Governor NICKI Haley, the former

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<v Speaker 3>ambassador to the UN, they're really locked in at seventeen percent.

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<v Speaker 3>But again I really want a caution here, we're looking

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<v Speaker 3>at just about one percent of the vote. So the

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<v Speaker 3>former president right now is well above fifty percent. But

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<v Speaker 3>to really dissect the seventeen percent, you're going to have

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<v Speaker 3>to see bigger numbers from bigger counties.

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<v Speaker 2>Now, the former president.

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<v Speaker 3>Of course, Joe and Kayley we have talked about this,

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<v Speaker 3>needed to make a very big number tonight to make

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<v Speaker 3>a statement over fifty percent. Right now, he is there.

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<v Speaker 3>So now again the race is for second place. What

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<v Speaker 3>I'll really be watching is Sue County to see how

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<v Speaker 3>that goes. For Governor DeSantis. You also have to really

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<v Speaker 3>pay attention to Des Moines and the Des Moines suburbs

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<v Speaker 3>to see where that plays out. For Nicky Hayley, those

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<v Speaker 3>numbers appear not to be in quite yet. So again

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<v Speaker 3>there is a long way to go in that race

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<v Speaker 3>for second place. Now is something you really have to

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<v Speaker 3>keep keep your eye on. Why you really have to

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<v Speaker 3>keep your eye on that For the Governor of Florida,

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<v Speaker 3>Ron DeSantis, his eggs are in the Iowa basket. If

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<v Speaker 3>he does not do as well as Nikki Haley or

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<v Speaker 3>their neck and neck here he goes to New Hampshire,

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<v Speaker 3>where Hayley has really been putting on the press for

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<v Speaker 3>votes and for the win. This is a critical, critical

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<v Speaker 3>night for Ron DeSantis and for the Desandas campaign.

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<v Speaker 4>Kaylee and Joe the Bourbon Vitory.

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<v Speaker 5>All right, Bloomberg's Julie Fine at the election Center, thank

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<v Speaker 5>you so much. Back with us now around the table,

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<v Speaker 5>Rick Davis and Jeanie shan Zeno.

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<v Speaker 4>So, Genie, she was just.

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<v Speaker 5>Making the point there about how invested DeSantis has been

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<v Speaker 5>in New Hampshire, how this feels, at least to many

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<v Speaker 5>of us who have been watching it, like something of

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<v Speaker 5>a make or break moment for his campaign. Even if

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<v Speaker 5>he gets second place, if Trump's lead is commanding enough,

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<v Speaker 5>can his campaign realistically move forward from here?

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<v Speaker 6>You know, I think he probably will, especially he comes

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<v Speaker 6>in second. But I do think it's a real uphill

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<v Speaker 6>battle when we look at some of the models. You know,

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<v Speaker 6>it becomes increasingly harder for either DeSantis or Haley if

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<v Speaker 6>they lose in Iowa, lose in New Hampshire to get

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<v Speaker 6>the number of delegates they need to beat Donald Trump.

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<v Speaker 6>So I think it's an uphill battle for him even

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<v Speaker 6>if he comes in second, because we talked about the

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<v Speaker 6>fact he doesn't have much of a game in New Hampshire.

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<v Speaker 6>He's going to try in South Carolina. He's not pulling

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<v Speaker 6>well there. Nevada has been completely pulled out from under

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<v Speaker 6>them due to what Trump has done there.

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<v Speaker 4>So it's really.

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<v Speaker 6>Really tough to see where he goes from here, especially

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<v Speaker 6>even if he comes in second numerically and in terms

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<v Speaker 6>of the actual percentage to lose counties, not when any

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<v Speaker 6>which could happen.

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<v Speaker 2>I think it's.

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<v Speaker 6>Really hard to make the case that there's a pathway

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<v Speaker 6>forward for him.

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<v Speaker 1>Boy, this is remarkable the extent to which the narrative

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<v Speaker 1>has changed since we came on the air this year.

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<v Speaker 1>Evening Ronda Santis, to Julie Fine's point, put his eggs

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<v Speaker 1>in the Iowa basket.

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<v Speaker 2>Nicki Haley put her eggs.

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<v Speaker 1>Somewhere in New Hampshire, and I wonder how she can

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<v Speaker 1>control the narrative in the next four days moving into

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<v Speaker 1>Manchester to spin whatever happens here tonight is maybe not

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<v Speaker 1>a positive, but something that could be followed on by

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<v Speaker 1>a big win in the first of the nation primary state.

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<v Speaker 7>Yeah, I would say Nicki Haley is running a multi

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<v Speaker 7>state campaign, right. Ronda Santis is running a single state campaign.

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<v Speaker 7>She did come in late off of some momentum that

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<v Speaker 7>she was generating, and spent heavily.

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<v Speaker 2>In the last two weeks.

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<v Speaker 7>She's dominated the airwaves, spending much much more than Donald

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<v Speaker 7>Trump and Ronda Santis combined. So she played here, she

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<v Speaker 7>just played in a different way without the ground game.

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<v Speaker 7>We're going to see whether or not that materializes as

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<v Speaker 7>a second place finish for her. But she does have

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<v Speaker 7>a very strong operation in New Hampshire, starting with the endorsement.

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<v Speaker 2>Of the incredibly popular gup.

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<v Speaker 7>Chris Snuda and his entire state organization is behind her,

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<v Speaker 7>in addition to the fact that, as Genie has pointed out,

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<v Speaker 7>she has built her own impressive organization there and has

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<v Speaker 7>attended and put on many town halls that New Hampshire

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<v Speaker 7>voters love to test their candidates in. So she actually

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<v Speaker 7>starts well ahead even before the night is over, well

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<v Speaker 7>ahead of ron De Santis in New Hampshire and frankly

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<v Speaker 7>on par with the organization and the support that Donald

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<v Speaker 7>Trump has there. So she knows the game starts for

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<v Speaker 7>her in New Hampshire tonight as soon as she gets

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<v Speaker 7>on a plane and leaves here. Whether it's to night

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<v Speaker 7>or first thing tomorrow morning. She has a fresh start

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<v Speaker 7>with some momentum. She hasn't been written out of this

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<v Speaker 7>narrative yet. And and you know it's game on in

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<v Speaker 7>New Hampshire tomorrow.

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<v Speaker 5>Well, you say she's running a multi state campaign, DeSantis

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<v Speaker 5>maybe has been a single state campaign to this point.

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<v Speaker 5>Either way, we've seen them. It's very expensive. So the

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<v Speaker 5>donor question is raised here as well. DeSantis has been

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<v Speaker 5>going after Haley in recent weeks on the idea that

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<v Speaker 5>she's in this for her donors issues, whereas he says

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<v Speaker 5>he's in it for voters issues. But he struggled in

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<v Speaker 5>the donor department in a way that she hasn't. Their

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<v Speaker 5>fates almost in that regard have reversed. How does the

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<v Speaker 5>outcome in Iowa impact their ability to access resources going forward?

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<v Speaker 5>How do you fundraise if you haven't just won?

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<v Speaker 7>Yeah, you have to live off the land, and unfortunately

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<v Speaker 7>I've been involved with a lot.

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<v Speaker 4>Of companies you go foraging.

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<v Speaker 7>Had to live off the land, and it is possible. Yeah,

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<v Speaker 7>you find other ways to compete, you do. Frankly, what

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<v Speaker 7>Ron DeSantis has been doing here is going and putting

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<v Speaker 7>yourself out there with five six events a day, And

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<v Speaker 7>part of the advantage Nikki Haley has is she's been

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<v Speaker 7>working that hard, she's been doing those events every day,

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<v Speaker 7>but she's also got a little bit of moment where

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<v Speaker 7>the money has rushed in. Look, there's a reason that

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<v Speaker 7>front runners usually win because they have the money, and

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<v Speaker 7>insurgents usually complain that, you know, it's a money game

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<v Speaker 7>for them, voters don't care. In fact, I think most

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<v Speaker 7>voters respect the fact that a campaign can raise money

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<v Speaker 7>because at the end of the day, whoever is the

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<v Speaker 7>Republican nominee, they're going to have to raise a lot

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<v Speaker 7>of money to beat Joe Biden.

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<v Speaker 2>He is sitting there.

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<v Speaker 7>With over one hundred million dollars cash in an account,

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<v Speaker 7>ready to wage a campaign war against.

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<v Speaker 2>The Republican nominee.

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<v Speaker 1>See, we haven't talked about Joe Biden for most of

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<v Speaker 1>the night. It might be the first time I've heard

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<v Speaker 1>that name. Are they popping quarks here at Biden campaign headquarters?

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<v Speaker 1>Because the narrative was that, you know, he wants to

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<v Speaker 1>face Trump again, he is the one he knows he

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<v Speaker 1>can beat. But numbers like this might make you think twice.

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<v Speaker 6>You know, I think they're popping them quietly they don't

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<v Speaker 6>want to get out ahead of themselves. But the reality is,

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<v Speaker 6>you look at the polls, and the national polls were

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<v Speaker 6>showing that who could beat him. Nicky Haley, Bronda Santis

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<v Speaker 6>and Trump were beating him within a margin in the

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<v Speaker 6>latest polls, but Nicki Haley had a pretty commanding lead

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<v Speaker 6>over Biden. And so we've long thought that the Biden

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<v Speaker 6>campaign would prefer to run against somebody as unpopular as

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<v Speaker 6>the president is, quite frankly, and that is Donald Trump.

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<v Speaker 6>So if that narrative continues, then I think they are

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<v Speaker 6>quietly saying this is where we want to be. We

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<v Speaker 6>beat him before we can do it again. But you know,

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<v Speaker 6>I think that's a really dangerous game. Donald Trump is

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<v Speaker 6>an incredibly good politician as long as he much as

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<v Speaker 6>he likes to say is not. He's great at this,

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<v Speaker 6>and Joe Biden is as well, So I think they

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<v Speaker 6>have to be careful what they wish for.

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<v Speaker 1>Of Course, the Bloomberg Morning Console poll Kayley in the

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<v Speaker 1>seven swing states we've been following show Joe Biden actually

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<v Speaker 1>has probably more to worry about.

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<v Speaker 2>The conventional wisdom might suggest we're going to.

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<v Speaker 1>Stick with Rick and Jeanie here and we'll be back

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<v Speaker 1>with more of our conversation live from Des Moines. Coming up,

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<v Speaker 1>we will add the voice of a real insider, a

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<v Speaker 1>long time Iowa political strategist. David Kotchel is with us

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<v Speaker 1>next on a special Balance of Power on Bloomberg TV

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<v Speaker 1>and Radio. It's a special coverage of the Iowa Caucuses

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<v Speaker 1>on Bloomberg TV and radio. We're live in Des Moines

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<v Speaker 1>and joining us now a long time Iowa political strategist.

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<v Speaker 1>They call him the Dean of Iowa politics.

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<v Speaker 2>That would be David Conchulu.

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<v Speaker 1>Is wonderful to have you at the table here in

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<v Speaker 1>the throes of a night like this.

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<v Speaker 2>David, we had an early call.

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<v Speaker 1>For Donald Trump, but still a lot of questions about

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<v Speaker 1>margins and turnout as we look at these very cold

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<v Speaker 1>people walking by, knowing the weather was a real factor here.

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<v Speaker 2>What are you hearing about turnout.

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<v Speaker 8>At the stage the game, Well, it's going to be

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<v Speaker 8>well under what was expected.

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<v Speaker 9>Yeah, obviously in twenty sixteen, one hundred and eighty seven

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<v Speaker 9>thousand people turned out. Twenty twenty four, I think most

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<v Speaker 9>people were setting the over under one hundred and fifty thousand,

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<v Speaker 9>and a lot of people would have taken the over

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<v Speaker 9>The truth is this campaign hasn't been that exciting because

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<v Speaker 9>Donald Trump has had a big lead almost all the

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<v Speaker 9>way through Iowa. So there's two campaigns now to watch.

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<v Speaker 9>It's Trump versus himself. Can he get over fifty? If

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<v Speaker 9>he's under fifty, that says half of Iowa voters said no,

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<v Speaker 9>thank you. And then the race obviously for second place.

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<v Speaker 9>This high stakes for Ron DeSantis bets it all here.

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<v Speaker 9>It's really the only place he's campaigned, spent a ton

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<v Speaker 9>of money, and he and Nikki Haley are going to

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<v Speaker 9>go I think back and forth all night. I have

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<v Speaker 9>a feeling that if they're deadlocked right now with just

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<v Speaker 9>a few counties in the largest counties report latest because

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<v Speaker 9>these are hand counted ballots on the ground by volunteers.

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<v Speaker 9>So those big, huge counties in places like Clive in

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<v Speaker 9>Dallas County in Marion and Lynn County, Bettendorf's big suburbs

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<v Speaker 9>where she overperforms, if those come in late, that might

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<v Speaker 9>her put her past DeSantis, in which case I think

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<v Speaker 9>DeSantis has a lot to think about overnight.

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<v Speaker 5>Do you think realistically we could see DeSantis out of

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<v Speaker 5>this race as soon as tomorrow morning?

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<v Speaker 9>You could if he finishes in third place after having

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<v Speaker 9>Governor Reynolds Bob Vander plots a bunch of legislators over

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<v Speaker 9>one hundred million dollars in spending from the super pack,

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<v Speaker 9>the biggest ground game spend we've ever seen in Iowa

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<v Speaker 9>started in the high thirties here when he got into

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<v Speaker 9>the race and just kind.

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<v Speaker 8>Of fell over the summer in the fall.

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<v Speaker 9>What case can he make if he finishes third here,

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<v Speaker 9>He's already well behind in New Hampshire, He's well behind

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<v Speaker 9>in South Carolina. Those are the next two contests that matter.

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<v Speaker 9>It's really hard to argue that somehow on March fifth,

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<v Speaker 9>on Super Tuesday, he's going to be resurrected. So I

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<v Speaker 9>don't see a path for him if he finishes third.

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<v Speaker 9>If he's in second, maybe he has to go on

0:11:28.200 --> 0:11:30.880
<v Speaker 9>to New Hampshire and see what happens. Maybe something happens

0:11:30.880 --> 0:11:33.600
<v Speaker 9>in the race that we can't foresee. But he's in

0:11:33.640 --> 0:11:35.839
<v Speaker 9>tough shape if he comes out of Iowa third tonight.

0:11:36.000 --> 0:11:39.000
<v Speaker 1>Before seven thirty tonight when this race was called and

0:11:39.080 --> 0:11:41.719
<v Speaker 1>some of the other things that you've learned since then,

0:11:41.800 --> 0:11:45.400
<v Speaker 1>did you expect to hear concession speeches from anyone coming

0:11:45.400 --> 0:11:46.239
<v Speaker 1>out of Iowa.

0:11:46.360 --> 0:11:46.440
<v Speaker 8>No.

0:11:46.720 --> 0:11:49.760
<v Speaker 9>I've been around this a long time, six presidential campaigns,

0:11:49.840 --> 0:11:54.280
<v Speaker 9>a few of whom didn't make it the distance. It's

0:11:54.320 --> 0:11:56.840
<v Speaker 9>tough for a campaign to drop out after all this investment.

0:11:56.880 --> 0:11:58.400
<v Speaker 9>You want to get with your family, you want to

0:11:58.400 --> 0:12:00.760
<v Speaker 9>get with your top strategies, you want to talk about it.

0:12:00.920 --> 0:12:04.199
<v Speaker 9>Usually there isn't a snap decision on a night like this,

0:12:05.000 --> 0:12:08.080
<v Speaker 9>so I wouldn't expect to hear any concessions tonight. I

0:12:08.080 --> 0:12:10.960
<v Speaker 9>think tomorrow morning everyone's going to wake up reassessed, see

0:12:10.960 --> 0:12:12.960
<v Speaker 9>what their path is forward. If they can make a

0:12:13.200 --> 0:12:15.720
<v Speaker 9>credible argument for a path forward, they'll try to stay in.

0:12:16.559 --> 0:12:18.120
<v Speaker 8>You also have the idea that.

0:12:18.000 --> 0:12:21.600
<v Speaker 9>If you don't do well here, if you perform below expectations,

0:12:21.840 --> 0:12:23.520
<v Speaker 9>you're not going to expect any more money to be

0:12:23.559 --> 0:12:26.520
<v Speaker 9>coming in over the next week. And these campaigns run on,

0:12:26.920 --> 0:12:29.520
<v Speaker 9>you know, campaign donations. You got to have some money

0:12:29.520 --> 0:12:31.679
<v Speaker 9>to go to New Hampshire. That's a Boston TV market

0:12:31.760 --> 0:12:34.560
<v Speaker 9>costs about a million bucks a week. You know, I

0:12:34.559 --> 0:12:36.960
<v Speaker 9>don't know that DeSantis is going to have the resources

0:12:37.000 --> 0:12:40.280
<v Speaker 9>to continue to compete, especially if he finishes, you know,

0:12:40.400 --> 0:12:42.680
<v Speaker 9>in third place, where he was not expected to finish.

0:12:43.120 --> 0:12:46.720
<v Speaker 5>We've talked at length about Governor DeSantis, about Inbassador Haley,

0:12:46.720 --> 0:12:49.240
<v Speaker 5>about Trump. This evening, we have not mentioned another candidate

0:12:49.280 --> 0:12:51.560
<v Speaker 5>who spent a lot of time here. For vig Ramaswami,

0:12:51.640 --> 0:12:53.480
<v Speaker 5>he says he did a double grassley. He went to

0:12:53.520 --> 0:12:57.479
<v Speaker 5>all ninety nine counties twice. Does that traditional Iowa politicking

0:12:57.559 --> 0:13:00.920
<v Speaker 5>not matter anymore if he's barely even registering enough for

0:13:01.000 --> 0:13:03.120
<v Speaker 5>us to bring him up until we're an hour and

0:13:03.160 --> 0:13:04.680
<v Speaker 5>forty five minutes into this program.

0:13:04.760 --> 0:13:07.679
<v Speaker 9>I think vivek Is is a special case here. If

0:13:07.720 --> 0:13:09.920
<v Speaker 9>you liked to eviake Ramaswami and you showed up at

0:13:09.920 --> 0:13:12.760
<v Speaker 9>his events, you were voting for Donald Trump. He's kind

0:13:12.800 --> 0:13:15.319
<v Speaker 9>of the mini Trump in this race. He had that message,

0:13:15.600 --> 0:13:17.680
<v Speaker 9>and I kind of think he really wasn't running to

0:13:17.679 --> 0:13:20.400
<v Speaker 9>be president. He's kind of running to be a mega celebrity.

0:13:20.440 --> 0:13:23.360
<v Speaker 9>Maybe Alex Jones. I just think his campaign hasn't been

0:13:23.440 --> 0:13:25.880
<v Speaker 9>serious for a while. The first couple of debates, he

0:13:25.960 --> 0:13:29.360
<v Speaker 9>was two completely different people. I think Iowan's you know

0:13:29.400 --> 0:13:33.040
<v Speaker 9>they up close. I think they found him to be

0:13:33.120 --> 0:13:37.520
<v Speaker 9>phony and I felt like he wasn't going anywhere for

0:13:37.559 --> 0:13:39.880
<v Speaker 9>the last two months, and it's.

0:13:39.880 --> 0:13:40.679
<v Speaker 8>Proved to be true.

0:13:40.800 --> 0:13:43.360
<v Speaker 2>Well, if he's pulling at eight percent and he drops

0:13:43.400 --> 0:13:46.520
<v Speaker 2>out to those votes go straight to Donald Trump. They do.

0:13:47.080 --> 0:13:48.720
<v Speaker 9>Yeah, And in New Hampshire, I don't even think he's

0:13:48.720 --> 0:13:50.880
<v Speaker 9>pulling at eight percent. I think he's pulling well below

0:13:50.920 --> 0:13:51.320
<v Speaker 9>that here.

0:13:51.440 --> 0:13:52.360
<v Speaker 8>I so I don't. Yeah.

0:13:52.480 --> 0:13:55.720
<v Speaker 9>Here in Iowa, Yeah, and I look, he's not going

0:13:55.720 --> 0:13:59.120
<v Speaker 9>to hit eight percent tonight. Those votes already went to

0:13:59.160 --> 0:14:01.439
<v Speaker 9>Donald Trump and might be the thing that puts him

0:14:01.440 --> 0:14:03.320
<v Speaker 9>over fifty, which is I think where they want to be.

0:14:03.920 --> 0:14:08.600
<v Speaker 9>So yeah, Vivick just didn't couldn't, couldn't land it here.

0:14:08.960 --> 0:14:11.280
<v Speaker 9>As much time as he spent, he pulled out.

0:14:11.080 --> 0:14:13.080
<v Speaker 8>His money a while back. He's been off the air.

0:14:13.240 --> 0:14:16.560
<v Speaker 9>So you know, I think most people who are watching

0:14:16.559 --> 0:14:18.280
<v Speaker 9>this closely saw that coming.

0:14:19.360 --> 0:14:21.920
<v Speaker 5>We are joined by a global audience this evening on

0:14:21.960 --> 0:14:24.720
<v Speaker 5>television and radio. There's people watching from all over the

0:14:24.720 --> 0:14:27.280
<v Speaker 5>world who essentially are trying to figure out what this

0:14:27.400 --> 0:14:30.200
<v Speaker 5>means for who's going to be the nominee in twenty

0:14:30.240 --> 0:14:30.760
<v Speaker 5>twenty four.

0:14:31.080 --> 0:14:33.000
<v Speaker 4>To what extent right now do you think the.

0:14:33.080 --> 0:14:36.800
<v Speaker 5>Iowa electorate Republicans Here in Iowa are those who perhaps

0:14:37.200 --> 0:14:40.600
<v Speaker 5>decided to register as Republicans for this evening to participate

0:14:41.160 --> 0:14:44.040
<v Speaker 5>in this choice to what extent do you think that

0:14:44.120 --> 0:14:47.280
<v Speaker 5>is reflected of the country more widely in terms of

0:14:47.320 --> 0:14:49.720
<v Speaker 5>the issues that are resonating for voters. Do we think,

0:14:49.760 --> 0:14:52.560
<v Speaker 5>actually Iowa may be more reflective this time around of

0:14:52.600 --> 0:14:54.000
<v Speaker 5>the way the rest of this race.

0:14:53.880 --> 0:14:54.400
<v Speaker 4>Is going to go.

0:14:54.760 --> 0:14:57.680
<v Speaker 9>Yeah, but Iowa is usually not a great predictor who

0:14:57.680 --> 0:14:58.280
<v Speaker 9>the nominee is.

0:14:58.320 --> 0:14:59.960
<v Speaker 4>I'm just wondering if this time is different.

0:15:00.160 --> 0:15:02.320
<v Speaker 8>Yeah, well it might be different.

0:15:02.720 --> 0:15:05.040
<v Speaker 9>We have to go through New Hampshire and kind of

0:15:05.080 --> 0:15:08.520
<v Speaker 9>see what New Hampshire does. New Hampshire likes to say, Okay,

0:15:08.600 --> 0:15:10.560
<v Speaker 9>Iowa a nice work, we're going to change it now,

0:15:10.600 --> 0:15:12.880
<v Speaker 9>And we heard Nikki Hayley joke about that a week

0:15:12.960 --> 0:15:15.800
<v Speaker 9>or so ago in New Hampshire. What Iowa's job really

0:15:15.880 --> 0:15:18.200
<v Speaker 9>is and what people need to understand. We're not picking

0:15:18.200 --> 0:15:20.720
<v Speaker 9>the nominee here. We're winnowing the field down to a

0:15:20.760 --> 0:15:23.880
<v Speaker 9>manageable race where voters really get to say, Okay, of

0:15:23.920 --> 0:15:27.080
<v Speaker 9>these two or three viable candidates, now we're going to

0:15:27.120 --> 0:15:30.160
<v Speaker 9>select them. We've already dispensed with a whole bunch of

0:15:30.160 --> 0:15:32.760
<v Speaker 9>candidates that had high hopes coming in here. Mike Pence

0:15:32.840 --> 0:15:35.080
<v Speaker 9>is out, Tim Scott is out, Doug Bergham is out.

0:15:35.200 --> 0:15:38.320
<v Speaker 9>A whole host of candidates didn't even make it to Iowa.

0:15:39.200 --> 0:15:41.160
<v Speaker 9>Usually we say there are three tickets out of Iowa.

0:15:41.400 --> 0:15:45.280
<v Speaker 9>I actually think tonight there might be two. And that

0:15:45.320 --> 0:15:47.880
<v Speaker 9>would be interesting because that puts us in a one

0:15:47.920 --> 0:15:50.960
<v Speaker 9>on one race with Donald Trump. Well before we saw

0:15:51.000 --> 0:15:54.840
<v Speaker 9>that in twenty sixteen, we were in Florida with multiple candidates,

0:15:55.160 --> 0:15:58.960
<v Speaker 9>way down the calendar into March. And what Trump doesn't want,

0:15:58.960 --> 0:16:00.800
<v Speaker 9>he wants to wrap this up. He's got a lot

0:16:00.800 --> 0:16:03.600
<v Speaker 9>of other things on his plate right now. What we

0:16:04.080 --> 0:16:06.520
<v Speaker 9>need to see is can New Hampshire maybe reverse this

0:16:06.560 --> 0:16:09.600
<v Speaker 9>result show a little bit of vulnerability with Trump.

0:16:09.640 --> 0:16:11.520
<v Speaker 8>If Nikki Haley were to weak.

0:16:11.280 --> 0:16:13.880
<v Speaker 9>Past him in New Hampshire, I think that'll scramble the

0:16:13.960 --> 0:16:17.119
<v Speaker 9>national polls. Some the money will flood into her campaign,

0:16:17.360 --> 0:16:19.040
<v Speaker 9>and I think Donald Trump might have a race in

0:16:19.080 --> 0:16:21.840
<v Speaker 9>South Carolina. He's got a lead now, but this is

0:16:21.880 --> 0:16:25.000
<v Speaker 9>part of a whole several months where he's had a

0:16:25.080 --> 0:16:28.400
<v Speaker 9>dominant national lead and other states aren't paying as closive

0:16:28.440 --> 0:16:31.640
<v Speaker 9>attention as they are here where he could finish under fifty,

0:16:31.800 --> 0:16:34.840
<v Speaker 9>and as they are in New Hampshire. So he's the

0:16:34.960 --> 0:16:37.960
<v Speaker 9>overwhelming front runner now. There is no question about that.

0:16:38.280 --> 0:16:40.440
<v Speaker 9>If he were to lose New Hampshire, I think you'd

0:16:40.440 --> 0:16:43.480
<v Speaker 9>watch some national polling change and there might be a

0:16:43.480 --> 0:16:46.040
<v Speaker 9>few cracks in that inevitability.

0:16:46.240 --> 0:16:48.040
<v Speaker 5>All right, Well, at the very least he's claimed that

0:16:48.080 --> 0:16:50.080
<v Speaker 5>first ticket out of Iowa. We're still waiting to see

0:16:50.120 --> 0:16:52.560
<v Speaker 5>who gets the second. David Kachel, thank you so much

0:16:52.600 --> 0:16:54.200
<v Speaker 5>for joining us here and j join this evening. We

0:16:54.200 --> 0:16:54.720
<v Speaker 5>appreciate it.

0:16:54.720 --> 0:16:55.120
<v Speaker 8>Thank you.

0:16:55.280 --> 0:16:57.080
<v Speaker 5>Now, coming up, we'll be back with Rick Davis and

0:16:57.160 --> 0:17:00.920
<v Speaker 5>Jeanie Shanzeno to help close out this night special coverage

0:17:00.960 --> 0:17:07.119
<v Speaker 5>of the Iowa Caucuses on Bloomberg Television and Radio. This

0:17:07.240 --> 0:17:10.520
<v Speaker 5>is special coverage of the Iowa Caucuses on Bloomberg Television

0:17:10.880 --> 0:17:13.399
<v Speaker 5>and Radio. We're getting more numbers out throughout this evening

0:17:13.440 --> 0:17:15.880
<v Speaker 5>after the race was called for former President Donald Trump

0:17:15.920 --> 0:17:18.960
<v Speaker 5>and Bloomberg Tyler Kendall is here with the latest. Tyler,

0:17:19.000 --> 0:17:21.320
<v Speaker 5>what else do we know? What are the figures selling us?

0:17:23.520 --> 0:17:26.639
<v Speaker 10>Yep, Kelly, So, now about thirty six percent of the

0:17:26.720 --> 0:17:29.400
<v Speaker 10>expected vote is in and that includes most of eastern

0:17:29.440 --> 0:17:32.120
<v Speaker 10>Iowa and also central Iowa. I want to pull out

0:17:32.280 --> 0:17:34.920
<v Speaker 10>two counties. One is Pole County where we are here

0:17:34.920 --> 0:17:37.720
<v Speaker 10>in des Moines that is trending towards former President Trump,

0:17:37.840 --> 0:17:40.520
<v Speaker 10>as well as Dallas County that is right to the

0:17:40.560 --> 0:17:43.920
<v Speaker 10>west of US. It is the fastest growing county in Iowa.

0:17:44.040 --> 0:17:47.360
<v Speaker 10>These two counties very populous, but also considered more moderate

0:17:47.400 --> 0:17:51.240
<v Speaker 10>places where Nikki Haley has really been focusing her campaign attention.

0:17:51.600 --> 0:17:55.800
<v Speaker 10>Interesting too, Dallas County met Romney in twenty twelve. In

0:17:55.800 --> 0:17:59.480
<v Speaker 10>that general election, he won it by twelve points. Trump

0:17:59.480 --> 0:18:01.639
<v Speaker 10>than won it by nine points, but the last election

0:18:01.720 --> 0:18:03.480
<v Speaker 10>he only won it by two So this was an

0:18:03.560 --> 0:18:07.359
<v Speaker 10>area that Nikki Hilly's campaign has really been targeting, trying

0:18:07.400 --> 0:18:10.760
<v Speaker 10>to get those moderate voters. These were these central counties

0:18:10.880 --> 0:18:12.480
<v Speaker 10>that I think she was hoping to make a splash

0:18:12.520 --> 0:18:12.920
<v Speaker 10>in tonight.

0:18:17.720 --> 0:18:19.720
<v Speaker 4>All right, Tyler, thank you so much.

0:18:19.720 --> 0:18:21.760
<v Speaker 5>And as we close out the program this evening, Joe,

0:18:22.160 --> 0:18:24.240
<v Speaker 5>we got to bring in our closers as we always do.

0:18:24.440 --> 0:18:25.000
<v Speaker 2>That's correct.

0:18:25.000 --> 0:18:28.240
<v Speaker 1>There's only one closing panel and that's Rick Davis and

0:18:28.359 --> 0:18:29.240
<v Speaker 1>Jeanie Shanzo.

0:18:29.560 --> 0:18:31.879
<v Speaker 2>This move fast tonight. We're not done.

0:18:32.080 --> 0:18:34.320
<v Speaker 1>I'm wondering Rick, if we're going to wake up tomorrow

0:18:34.520 --> 0:18:36.240
<v Speaker 1>and no second and third places.

0:18:36.440 --> 0:18:38.800
<v Speaker 2>Yeah. Look, I think the reporting is coming in on pace.

0:18:39.440 --> 0:18:42.640
<v Speaker 7>And as Dave Kotchwe was talking about some of these

0:18:42.640 --> 0:18:46.280
<v Speaker 7>bigger counties, bigger precincts. Takes a while to hang count

0:18:46.280 --> 0:18:48.760
<v Speaker 7>all those ballots, but the reporting system seems to be

0:18:48.760 --> 0:18:52.919
<v Speaker 7>working perfectly. The chairman of the Republican Party told us that,

0:18:53.119 --> 0:18:54.679
<v Speaker 7>you know, he thought it was going to be smooth,

0:18:54.720 --> 0:18:57.000
<v Speaker 7>and it looks like he made good on that promise.

0:18:57.080 --> 0:18:58.840
<v Speaker 2>So I think we'll know by the time we wake

0:18:58.880 --> 0:19:01.800
<v Speaker 2>up in the morning. But maybe we just shouldn't go to.

0:19:01.720 --> 0:19:03.280
<v Speaker 7>Sleep until we find out who's going to be in

0:19:03.320 --> 0:19:04.520
<v Speaker 7>second place in Iowa.

0:19:04.600 --> 0:19:09.480
<v Speaker 5>Well, let's say volunteering all of us all nighters here, Jeanie,

0:19:09.560 --> 0:19:11.960
<v Speaker 5>I just had something hit my inbox from Gavin Newsom,

0:19:12.000 --> 0:19:14.840
<v Speaker 5>the governor of California. A short while ago, Donald Trump

0:19:14.920 --> 0:19:17.119
<v Speaker 5>won the Iowa caucus. He is now one step closer

0:19:17.119 --> 0:19:19.640
<v Speaker 5>to becoming the Republican nominee than goes.

0:19:19.440 --> 0:19:21.480
<v Speaker 4>On to ask for donations.

0:19:21.680 --> 0:19:25.240
<v Speaker 5>How does this shape the race beyond just the Republican primary,

0:19:25.320 --> 0:19:28.520
<v Speaker 5>But as president Biden is actively engaged in general election

0:19:28.640 --> 0:19:29.600
<v Speaker 5>politics right now.

0:19:29.800 --> 0:19:32.640
<v Speaker 6>Yeah, it's so important because of course we're talking about

0:19:32.640 --> 0:19:34.959
<v Speaker 6>his commanding lead. But of course we have to remember

0:19:35.000 --> 0:19:37.760
<v Speaker 6>this is all on the Republican side. And as we

0:19:37.880 --> 0:19:41.720
<v Speaker 6>move into the national view of things, you have a

0:19:42.080 --> 0:19:46.040
<v Speaker 6>very unpopular former president and President Trump, who people, to

0:19:46.080 --> 0:19:49.560
<v Speaker 6>Gavin Newsom's point, are very concerned about the impact he

0:19:49.680 --> 0:19:53.240
<v Speaker 6>has on democracy, the fact that he is still litigating

0:19:53.320 --> 0:19:56.760
<v Speaker 6>the twenty twenty election, the fact is he has lost

0:19:57.000 --> 0:20:00.600
<v Speaker 6>more elections than he's won, and he has refuse to

0:20:00.680 --> 0:20:04.600
<v Speaker 6>admit that he has to Rick's earlier appointment endorsing candidates

0:20:04.600 --> 0:20:07.159
<v Speaker 6>in the mid last midterm who didn't do well. So

0:20:07.280 --> 0:20:10.520
<v Speaker 6>these are all problems for the Republican Party and this

0:20:10.720 --> 0:20:15.640
<v Speaker 6>is why so many moderate Republicans wanted to look ahead

0:20:15.800 --> 0:20:18.720
<v Speaker 6>and try to find somebody else. But at this point,

0:20:18.760 --> 0:20:21.120
<v Speaker 6>at least in Iowa, they are saying no, no, no,

0:20:21.560 --> 0:20:24.320
<v Speaker 6>And you know, I think we should say turnout if

0:20:24.359 --> 0:20:27.720
<v Speaker 6>it is as low as Kotchel said, David Kotchel said,

0:20:27.800 --> 0:20:30.240
<v Speaker 6>or others have said, one hundred thousand, one hundred and

0:20:30.240 --> 0:20:35.200
<v Speaker 6>ten thousand. That's one seventh of registered Republicans in this state.

0:20:35.280 --> 0:20:38.239
<v Speaker 6>That is a very small slice of people who can

0:20:38.280 --> 0:20:39.000
<v Speaker 6>get out to vote.

0:20:39.000 --> 0:20:40.240
<v Speaker 2>So what do we extrapolate from that.

0:20:40.320 --> 0:20:41.720
<v Speaker 1>Let's say we get one hundred and ten hundred and

0:20:41.720 --> 0:20:43.840
<v Speaker 1>twenty thousand here compared to the all time high north

0:20:43.840 --> 0:20:47.240
<v Speaker 1>of one hundred and eighty thousand. Rick, your takeaways knowing

0:20:47.480 --> 0:20:49.000
<v Speaker 1>that turnout might have been that low.

0:20:49.160 --> 0:20:52.400
<v Speaker 7>Yeah, look, I mean it's cold out's eye, yees, and

0:20:52.480 --> 0:20:56.200
<v Speaker 7>so like we advantage Trump though, yeah, we thought, actually

0:20:56.200 --> 0:20:58.760
<v Speaker 7>it would disadvantage Trump to have this low of a turnout.

0:20:58.800 --> 0:21:00.880
<v Speaker 2>So it shows the resiliency the Trump vote here.

0:21:01.080 --> 0:21:05.560
<v Speaker 7>I might also Matt just add Iowa was not always

0:21:05.680 --> 0:21:09.200
<v Speaker 7>a red state. I mean Donald Trump's emergence in twenty sixteen,

0:21:09.800 --> 0:21:11.920
<v Speaker 7>even though he lost the Iowa caucus, he won the state,

0:21:11.960 --> 0:21:14.280
<v Speaker 7>and he won it big, and he converted a lot

0:21:14.320 --> 0:21:17.960
<v Speaker 7>of blue collar white voters, especially in the northwest of

0:21:18.000 --> 0:21:22.399
<v Speaker 7>this state, who used to be Obama voters into Republican voters.

0:21:22.440 --> 0:21:25.119
<v Speaker 7>And he did the same thing in other places around

0:21:25.119 --> 0:21:28.800
<v Speaker 7>the country. So the reason he won in twenty sixteen

0:21:29.000 --> 0:21:32.200
<v Speaker 7>was he had a partial realignment of certain voters of

0:21:32.240 --> 0:21:35.399
<v Speaker 7>a certain class into the Republican Party, and the Democrats

0:21:35.680 --> 0:21:37.320
<v Speaker 7>have not been able to make a dent.

0:21:37.320 --> 0:21:38.200
<v Speaker 2>In getting them back.

0:21:38.720 --> 0:21:40.880
<v Speaker 5>All right, we have exactly one minute left, so this

0:21:40.920 --> 0:21:43.240
<v Speaker 5>is a quick answer for both of you. Will we

0:21:43.320 --> 0:21:46.000
<v Speaker 5>still have four candidates for the nomination when we get

0:21:46.040 --> 0:21:47.000
<v Speaker 5>to New Hampshire next week.

0:21:47.080 --> 0:21:49.440
<v Speaker 6>Jennie, I don't think we should, so I am going

0:21:49.480 --> 0:21:51.919
<v Speaker 6>to say no. But at this point it's hard to

0:21:51.960 --> 0:21:54.119
<v Speaker 6>tell because they're still waiting to see what happens.

0:21:54.480 --> 0:21:56.320
<v Speaker 7>I think it's irrelevant. It's a head to head race

0:21:56.400 --> 0:21:59.400
<v Speaker 7>from this point on. Even if Ronda Santis can eke

0:21:59.440 --> 0:22:02.679
<v Speaker 7>out a min win against Nikki Haley, she's got the

0:22:02.720 --> 0:22:05.560
<v Speaker 7>momentum and it's a head to head for New Hampshire.

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<v Speaker 5>All Right, Rick Davis and Jeannie shanzena with us throughout

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<v Speaker 5>this evening the Iowa caucuses, which have been called for

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<v Speaker 5>former President Donald Trump. We're waiting for results on number

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<v Speaker 5>two and three. Thank you for joining us here, Balance

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<v Speaker 5>of Power. We'll be back at five pm Eastern tomorrow

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<v Speaker 5>from Washington, and we'll have special coverage of the New

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<v Speaker 5>Hampshire Republican primary next Tuesday, live from Manchester.

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<v Speaker 4>This is Bloomberg.