1 00:00:00,640 --> 00:00:03,600 Speaker 1: Why nations came. This budget thing is going to do 2 00:00:03,640 --> 00:00:06,240 Speaker 1: nothing the Space Force. I still think it's interesting President 3 00:00:06,280 --> 00:00:09,960 Speaker 1: Trump not playing his cards yet headlines Policy and Politics, 4 00:00:09,960 --> 00:00:14,720 Speaker 1: colliding to sound on with Kevin's relate the insiders, the influencers, 5 00:00:14,880 --> 00:00:17,680 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,720 --> 00:00:20,680 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,680 --> 00:00:22,959 Speaker 1: lot different than it looked in. You really have a 8 00:00:23,000 --> 00:00:26,280 Speaker 1: divide within Team Trump. The president has to do exactly 9 00:00:26,320 --> 00:00:27,880 Speaker 1: what people send him here to do, which is to 10 00:00:27,920 --> 00:00:31,840 Speaker 1: get it done. He's sound on with Kevin's related on 11 00:00:31,960 --> 00:00:37,879 Speaker 1: Bloomberne and m h D two Boltemore. Night two of 12 00:00:37,920 --> 00:00:42,159 Speaker 1: the first Democratic presidential debate, Former Vice President Joe Biden 13 00:00:42,200 --> 00:00:45,880 Speaker 1: gets ready to take on Senator Bernie Sanders, the Independent 14 00:00:45,960 --> 00:00:49,280 Speaker 1: from Vermont who caucuses what the Democrats says that he 15 00:00:49,360 --> 00:00:53,120 Speaker 1: is a self described democratic socialist. We have full coverage 16 00:00:53,320 --> 00:00:55,680 Speaker 1: plus who will be the breakout star South Ben Mayor 17 00:00:55,920 --> 00:00:58,800 Speaker 1: Pete Buddha Gedge tries to make his case on the 18 00:00:58,920 --> 00:01:05,160 Speaker 1: debut presidential debate, as does Senator Kamala Harris, Democrat from California. 19 00:01:05,560 --> 00:01:08,720 Speaker 1: Will we hear anything about Andrew Yang? Who will be 20 00:01:08,760 --> 00:01:11,960 Speaker 1: the household name the Yang Gang, as they called themselves. 21 00:01:12,040 --> 00:01:15,000 Speaker 1: I'm Kevin Severi, chief Washington correspondent for Bloomberg TV and 22 00:01:15,040 --> 00:01:19,280 Speaker 1: Bloomberg Radio. We are broadcasting just steps outside of the 23 00:01:19,440 --> 00:01:24,679 Speaker 1: Spin room from Miami. Speaking of which, how about Senator 24 00:01:24,720 --> 00:01:28,399 Speaker 1: Elizabeth Warren, how about Julian Castro, who had the big 25 00:01:28,520 --> 00:01:33,880 Speaker 1: night last night and who fizzled. Full reaction, full analysis 26 00:01:34,120 --> 00:01:38,280 Speaker 1: on the politics and more importantly, the policies. We've got 27 00:01:38,319 --> 00:01:42,200 Speaker 1: Tyler Page. He is a US politics reporter for Bloomberg News. 28 00:01:42,400 --> 00:01:45,360 Speaker 1: He spent several weeks now out on the campaign trail, 29 00:01:45,640 --> 00:01:49,000 Speaker 1: a rising start in Bloomberg's newsroom, plus David Katanice making 30 00:01:49,040 --> 00:01:52,200 Speaker 1: his debut on Bloomberg Sound On. He has senior politics 31 00:01:52,200 --> 00:01:55,400 Speaker 1: writer at US News and World Report. Both of them 32 00:01:55,600 --> 00:01:58,640 Speaker 1: are with me here in Miami. Adam Green's gonna stop 33 00:01:58,680 --> 00:02:02,600 Speaker 1: by Warren World in Eider and Fred Hackberg, Democrat and 34 00:02:02,680 --> 00:02:05,920 Speaker 1: former chairman of the Export Import Bank. And I'll bring 35 00:02:05,960 --> 00:02:09,320 Speaker 1: you my exclusive interview with r n C Chairwoman ronad 36 00:02:09,360 --> 00:02:11,720 Speaker 1: Romney McDaniel. What did she think of debate last night? 37 00:02:12,480 --> 00:02:14,440 Speaker 1: I caught up with her earlier in Miami. We'll get 38 00:02:14,480 --> 00:02:17,320 Speaker 1: all of that coming up hot and humid here inside 39 00:02:17,320 --> 00:02:20,440 Speaker 1: of Miami. We're just steps away from the Spin room. 40 00:02:20,600 --> 00:02:24,680 Speaker 1: Behind me, I'm seeing supporters, a gathering of supporters for 41 00:02:24,840 --> 00:02:28,400 Speaker 1: Joe Biden, as well as others for Andrew Gang. All 42 00:02:28,440 --> 00:02:30,760 Speaker 1: of the supporters that got the big lawn signs, the 43 00:02:30,880 --> 00:02:32,919 Speaker 1: Yang Gang they're calling on. I guess he could have 44 00:02:32,960 --> 00:02:35,799 Speaker 1: a breakout. He could be the household name. But before 45 00:02:35,800 --> 00:02:38,800 Speaker 1: we get to all of that, let's talk about the 46 00:02:38,880 --> 00:02:41,880 Speaker 1: former Vice president Joe Biden. What does he need to do? 47 00:02:42,040 --> 00:02:45,440 Speaker 1: Tonight with me for the hour, David Katany's making his 48 00:02:45,560 --> 00:02:51,200 Speaker 1: debut on sound On. He is USA US News and 49 00:02:51,240 --> 00:02:54,200 Speaker 1: World Report senior politics writer. David. Welcome to the show. 50 00:02:54,280 --> 00:02:56,480 Speaker 1: Thanks for having me. And of course, Tyler patro eising 51 00:02:56,480 --> 00:02:58,840 Speaker 1: star of Bloomberg News Newsroom. He is out on the 52 00:02:58,880 --> 00:03:02,440 Speaker 1: campaign trail, spending in all of the battleground states, right, Tyler, like, 53 00:03:02,480 --> 00:03:04,640 Speaker 1: Iowa new hand, where have you been so far? Correct? 54 00:03:05,160 --> 00:03:09,040 Speaker 1: Three trips time? It was in South Carolina last week 55 00:03:09,360 --> 00:03:11,679 Speaker 1: and also in California. All right, so you know a 56 00:03:11,760 --> 00:03:14,639 Speaker 1: thing or two about thought the state of play. Who 57 00:03:14,639 --> 00:03:16,960 Speaker 1: do you think one last night? Did I think the 58 00:03:17,200 --> 00:03:19,560 Speaker 1: lower tier one? I think they did the most good 59 00:03:19,560 --> 00:03:22,120 Speaker 1: for themselves. So I would say that as William Castro, 60 00:03:22,720 --> 00:03:26,440 Speaker 1: who interjected himself and made a point on immigration. UM. 61 00:03:26,480 --> 00:03:28,880 Speaker 1: I think Billed A. Blasio, the New York City mayor, uh, 62 00:03:28,919 --> 00:03:31,040 Speaker 1: you know, he wasn't getting time and he interjected himself 63 00:03:31,040 --> 00:03:35,320 Speaker 1: and was just like Lizaeth Warren, uh, sort of honing 64 00:03:35,360 --> 00:03:38,400 Speaker 1: in on progressive issues. And I think John Delaney, the 65 00:03:38,480 --> 00:03:41,200 Speaker 1: opposite end of the idea logic from former congress room 66 00:03:41,200 --> 00:03:45,240 Speaker 1: from Maryland, UM made some smart points about medicare for all. 67 00:03:45,640 --> 00:03:48,280 Speaker 1: I don't you know whether this matters in the big picture. 68 00:03:48,800 --> 00:03:50,400 Speaker 1: I don't know. I think in a week maybe everybody 69 00:03:50,440 --> 00:03:53,040 Speaker 1: forgets about it. But I think there wasn't any big 70 00:03:53,080 --> 00:03:54,960 Speaker 1: waves on the top tier. I think it was the 71 00:03:55,000 --> 00:03:57,520 Speaker 1: debate owned by the lower tier candidates. What does Joe 72 00:03:57,520 --> 00:03:59,960 Speaker 1: Biden have to do tonight, Tyler? What does Bernie Sander 73 00:04:00,120 --> 00:04:01,760 Speaker 1: have to do that in just a couple of hours 74 00:04:01,760 --> 00:04:05,360 Speaker 1: they're going to fast off against one another. The media 75 00:04:05,520 --> 00:04:10,600 Speaker 1: we're certainly looking on that contrast between democratic socialism and centrism. 76 00:04:10,600 --> 00:04:13,600 Speaker 1: What are you looking for for Biden? I'm looking at 77 00:04:13,640 --> 00:04:16,200 Speaker 1: whether or not he can stave off some of the 78 00:04:16,320 --> 00:04:18,680 Speaker 1: expected attacks that we're going to see on him, both 79 00:04:18,760 --> 00:04:21,919 Speaker 1: from Bernie Sanders and and maybe for some of the 80 00:04:21,920 --> 00:04:24,640 Speaker 1: lower chidds looking to punch up someone like Andrew Yang 81 00:04:24,640 --> 00:04:27,600 Speaker 1: who criticized him phill in Iowa for not making an 82 00:04:27,600 --> 00:04:30,080 Speaker 1: appearance at a cattle call there. And and so it'll 83 00:04:30,120 --> 00:04:31,680 Speaker 1: be interesting to see whether or not he can stay 84 00:04:31,680 --> 00:04:34,279 Speaker 1: above the fray as the Biden advisors have been telling 85 00:04:34,320 --> 00:04:36,719 Speaker 1: the media they planned to do. And then for for 86 00:04:36,760 --> 00:04:38,640 Speaker 1: Sender centers, it will be interesting to see whether or 87 00:04:38,640 --> 00:04:41,280 Speaker 1: not he names Joe Biden in his attacks. He's been 88 00:04:41,600 --> 00:04:46,040 Speaker 1: outlining the criticisms of Biden's candidac candidacy's saying we can't 89 00:04:46,040 --> 00:04:49,680 Speaker 1: go for middle ground policies. We need big structural changes. 90 00:04:50,040 --> 00:04:51,880 Speaker 1: And but he hasn't said Biden same yet. We'll see 91 00:04:51,920 --> 00:04:54,320 Speaker 1: if that changes tonight. Know that's that's that's the will 92 00:04:54,320 --> 00:04:57,440 Speaker 1: it change tonight, David will Will Senator Sanders named Joe 93 00:04:57,440 --> 00:04:59,160 Speaker 1: Biden by now that he has to name him, he's 94 00:04:59,160 --> 00:05:01,360 Speaker 1: standing right next to so he con gestured to him 95 00:05:01,360 --> 00:05:03,760 Speaker 1: and say, you know, the Vice President or you know, 96 00:05:03,960 --> 00:05:06,240 Speaker 1: we disagree on Medicare for all, we disagree on the 97 00:05:06,240 --> 00:05:10,400 Speaker 1: Iraq War, we disagree on the free Trader deals that 98 00:05:10,400 --> 00:05:12,600 Speaker 1: that went into play in the nineties and and what 99 00:05:12,720 --> 00:05:15,840 Speaker 1: he argues hollowed out manufacturing. So look, I think the 100 00:05:16,320 --> 00:05:20,120 Speaker 1: moderators they're gonna be prodding for contrast. But we saw 101 00:05:20,240 --> 00:05:23,719 Speaker 1: last night Lauren and Booker and and Betto didn't go 102 00:05:23,720 --> 00:05:26,000 Speaker 1: at each other. It was the lower to your people 103 00:05:26,000 --> 00:05:28,000 Speaker 1: that are more willing to throw bombs. So I would say, 104 00:05:28,000 --> 00:05:31,359 Speaker 1: to your point, and your gang might throw a bomb. Uh, 105 00:05:31,400 --> 00:05:33,720 Speaker 1: you know who else on the stage tonight, Mary and 106 00:05:33,800 --> 00:05:37,320 Speaker 1: Williamson might throw some some shots. They have nothing to lose, 107 00:05:37,400 --> 00:05:41,680 Speaker 1: John Hick and Luperos. Is that these lower tier candidates. 108 00:05:41,680 --> 00:05:43,920 Speaker 1: That's such a smart point, David, that these lower tier 109 00:05:43,960 --> 00:05:47,320 Speaker 1: candidates perceived lower tier we're using. But again, this is 110 00:05:47,320 --> 00:05:50,320 Speaker 1: the introductory for polling. Is lower polling is more accurate. 111 00:05:50,839 --> 00:05:53,800 Speaker 1: The lower polling candidates are turning on each other. Is 112 00:05:53,839 --> 00:05:57,400 Speaker 1: it because they know that they'll get some coverage out 113 00:05:57,440 --> 00:05:59,880 Speaker 1: of it or why? I think they don't really have 114 00:06:00,080 --> 00:06:02,680 Speaker 1: much to lose? Um, this is this is the first debate, 115 00:06:02,800 --> 00:06:05,560 Speaker 1: and and they're in danger of qualifying after next month 116 00:06:05,600 --> 00:06:07,960 Speaker 1: than the than the threshold for qualifying for the Democratic 117 00:06:08,160 --> 00:06:10,200 Speaker 1: debates goes up. And so if you're not meeting those 118 00:06:10,200 --> 00:06:12,920 Speaker 1: fundraising or pulling numbers. This might be your only chance 119 00:06:12,960 --> 00:06:15,320 Speaker 1: to appeal to a huge audience. We saw last night 120 00:06:15,520 --> 00:06:18,400 Speaker 1: there were huge ratings for the first night of debates 121 00:06:18,400 --> 00:06:20,800 Speaker 1: and expected to be even more tonight with Biden and 122 00:06:20,880 --> 00:06:23,440 Speaker 1: Sanders on stage. So I think these candidates this is 123 00:06:23,480 --> 00:06:25,120 Speaker 1: this might be their one chance to really make a 124 00:06:25,200 --> 00:06:27,479 Speaker 1: name for themselves. And we saw Julian Castro had some 125 00:06:27,520 --> 00:06:30,560 Speaker 1: success doing that last night, really sticking himself out as 126 00:06:30,600 --> 00:06:34,039 Speaker 1: the candidate on immigration obviously always now and and he's 127 00:06:34,080 --> 00:06:36,359 Speaker 1: trying to distinguish himself. Did you guys say that twait 128 00:06:36,440 --> 00:06:38,760 Speaker 1: that's in unless up the other night said they named 129 00:06:38,800 --> 00:06:41,960 Speaker 1: Jacaine Castro, who's the brother? They're twins? Did you know this? 130 00:06:42,360 --> 00:06:45,680 Speaker 1: So holy In Castro has Holian Castro has a has 131 00:06:45,720 --> 00:06:48,479 Speaker 1: a twin brother, and he's a congressman from Texas. I 132 00:06:48,520 --> 00:06:50,160 Speaker 1: just saw him, that's right, heading into the spinner and 133 00:06:50,240 --> 00:06:52,320 Speaker 1: I said, but he's a Dallas calvoy. We're able to 134 00:06:52,320 --> 00:06:54,839 Speaker 1: properly identify. Yes, I did, I said, because you know 135 00:06:54,880 --> 00:06:57,800 Speaker 1: that's what hill rat. You know. I'm sorry, but uh, 136 00:06:58,000 --> 00:06:59,640 Speaker 1: and I said, and he gave me a thumb. I said, 137 00:06:59,640 --> 00:07:02,039 Speaker 1: congrat on the on the showing for your brother. So 138 00:07:02,080 --> 00:07:04,000 Speaker 1: I think coolly and really did was able to to 139 00:07:04,200 --> 00:07:06,880 Speaker 1: to really elevate himself by going head to head on 140 00:07:06,960 --> 00:07:10,440 Speaker 1: the issue of immigration against former Congressman Bett over Work, 141 00:07:10,480 --> 00:07:13,160 Speaker 1: who struggled. And I will tell you this, spoke with 142 00:07:13,200 --> 00:07:15,840 Speaker 1: two staffers in the spin room, the spin room right 143 00:07:15,880 --> 00:07:18,160 Speaker 1: after the debate, from two different campaigns. I said, and 144 00:07:18,160 --> 00:07:21,320 Speaker 1: they didn't want to be identified. I respected. They said uh. 145 00:07:21,360 --> 00:07:22,640 Speaker 1: I said, who do you think did good? And they 146 00:07:22,600 --> 00:07:25,560 Speaker 1: all said Castro, All right, we're previewing, we're outlining some 147 00:07:25,720 --> 00:07:28,240 Speaker 1: broad themes. Were just moments away, a couple of hours 148 00:07:28,280 --> 00:07:32,360 Speaker 1: away rather from when former Vice President Joe Biden makes 149 00:07:32,520 --> 00:07:36,920 Speaker 1: his debate debut of the cycle. He will be standing 150 00:07:37,040 --> 00:07:40,760 Speaker 1: side by side to Senator Bernie Sanders, the independent from 151 00:07:40,960 --> 00:07:45,040 Speaker 1: Vermont who caucuses with the Democrats, described himself as a 152 00:07:45,120 --> 00:07:48,920 Speaker 1: Democratic socialist. Coming up, we're gonna talk about the economy. 153 00:07:49,200 --> 00:07:53,120 Speaker 1: We're gonna talk specifically about the policies on immigration. We've 154 00:07:53,160 --> 00:07:55,280 Speaker 1: touched on all of this. We've got some great guests 155 00:07:55,280 --> 00:07:58,200 Speaker 1: who are going to be stopping by, including Adam Grain, 156 00:07:58,320 --> 00:08:01,400 Speaker 1: of war and world insider, and Fred Hawkburg, former chairman 157 00:08:01,440 --> 00:08:05,240 Speaker 1: of the XM Bank. Having served in the Obama administration, 158 00:08:05,320 --> 00:08:08,160 Speaker 1: and we'll also get fresh reaction tonight from r n 159 00:08:08,280 --> 00:08:12,720 Speaker 1: C Chairwoman Rona Ronna Romney MC Daniel Tyler Pager stays, 160 00:08:12,800 --> 00:08:15,920 Speaker 1: David Katony stays. You can download the sounds on podcasts 161 00:08:15,920 --> 00:08:19,520 Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading 162 00:08:20,120 --> 00:08:22,160 Speaker 1: the Bloomberg Business app. You can also find me on 163 00:08:22,320 --> 00:08:25,320 Speaker 1: Radio dot com, I Heart Radio and Spotify. I'm Kevin 164 00:08:25,400 --> 00:08:34,559 Speaker 1: SERELLI live from Miami. You're listening to Bloomberg. This is 165 00:08:34,720 --> 00:08:39,280 Speaker 1: Sound On with Kevin serially on Bloomberg one and one 166 00:08:39,320 --> 00:08:41,440 Speaker 1: oh five point seven f m h D two bows 167 00:08:41,480 --> 00:08:45,280 Speaker 1: them are live from Miami. We're just in a few 168 00:08:45,440 --> 00:08:48,920 Speaker 1: short hours. Former Vice President Joe Biden takes the debate 169 00:08:49,000 --> 00:08:53,920 Speaker 1: stage against Vermont Senator Bernie Sanders, as well as Kamala Harris, 170 00:08:53,920 --> 00:08:56,560 Speaker 1: p Buddha Jedge, a lot of other folks are gonna 171 00:08:56,559 --> 00:08:58,160 Speaker 1: be up on that stage as well. We're gonna bring 172 00:08:58,200 --> 00:09:02,280 Speaker 1: you full analysis broad and just steps outside of the Spinnerom. 173 00:09:02,320 --> 00:09:05,839 Speaker 1: I'll be in the Spinner Room later tonight with me 174 00:09:06,000 --> 00:09:09,760 Speaker 1: for the hour. David Katney's he is US senior politics 175 00:09:09,880 --> 00:09:13,520 Speaker 1: reporter for a US News and World Report. Tyler pages 176 00:09:13,600 --> 00:09:17,000 Speaker 1: here The Rising star on Bloomberg News his campaign team. 177 00:09:17,080 --> 00:09:19,280 Speaker 1: He's been all over already just a few How long 178 00:09:19,320 --> 00:09:21,640 Speaker 1: have you been working here, Tyler? I think five weeks now, 179 00:09:21,760 --> 00:09:26,920 Speaker 1: five weeks. You've been to California, Iowa, New Hampshire, South Carolina, Florida. 180 00:09:27,240 --> 00:09:29,480 Speaker 1: He's hitting the trail. And look who just walked in 181 00:09:30,400 --> 00:09:33,960 Speaker 1: the chairman, ladies and gentlemen, the chairman, the former chairman 182 00:09:34,000 --> 00:09:35,920 Speaker 1: of the export and which, by the way, side note 183 00:09:35,960 --> 00:09:37,920 Speaker 1: had a rough hearing the other day with Maxine Waters. 184 00:09:38,120 --> 00:09:40,760 Speaker 1: But I'm staying focus. We're talking about the debate. Fred 185 00:09:40,800 --> 00:09:44,920 Speaker 1: Hawkburg's here, the Democrat from the Obama administration down here 186 00:09:44,960 --> 00:09:50,320 Speaker 1: for the debate. Uh, the economy, Fred, the economy really 187 00:09:50,400 --> 00:09:55,880 Speaker 1: the really division for the economy, Democrats divided democratic socialist 188 00:09:56,000 --> 00:09:58,880 Speaker 1: versus more centrist. What do you make of that? Well? 189 00:09:58,960 --> 00:10:01,480 Speaker 1: I thought it was interesting last night. The question posed 190 00:10:01,640 --> 00:10:05,080 Speaker 1: was even six Democrats think the economy is going well, 191 00:10:05,679 --> 00:10:08,160 Speaker 1: and yet there was a lot of bashing of the economy. Yes, 192 00:10:08,600 --> 00:10:11,280 Speaker 1: I get I get a little nervous. How do you 193 00:10:11,400 --> 00:10:13,760 Speaker 1: square that? Well? I also get nervous. Always say all 194 00:10:13,800 --> 00:10:16,360 Speaker 1: corporations are bad. That's like saying, you know, all tall 195 00:10:16,440 --> 00:10:19,880 Speaker 1: people are bad, or all all you know, and pick 196 00:10:19,920 --> 00:10:22,199 Speaker 1: an ethnic group and decide that they're bad. I kind 197 00:10:22,200 --> 00:10:26,160 Speaker 1: of broad brush categorization of any company. If we're not 198 00:10:26,200 --> 00:10:28,960 Speaker 1: going to grow America, it's gonna take companies. It's gonna 199 00:10:29,000 --> 00:10:31,240 Speaker 1: take corporate brush and sake that's actually revenue. You know. 200 00:10:31,360 --> 00:10:33,800 Speaker 1: I think that's such a great point that you brought up, 201 00:10:34,440 --> 00:10:37,960 Speaker 1: because because Elizabeth Warren was asked about that, we actually 202 00:10:38,040 --> 00:10:40,199 Speaker 1: have a bite from that from last night when she 203 00:10:40,280 --> 00:10:42,040 Speaker 1: was on the debate stage. Take a listen to what 204 00:10:42,160 --> 00:10:45,360 Speaker 1: Senator Elizabeth Warred said. I think of it this way, 205 00:10:45,480 --> 00:10:50,080 Speaker 1: who is this economy really working for. It's doing great 206 00:10:50,640 --> 00:10:54,319 Speaker 1: for thinner and thinner slice at the top. It's still 207 00:10:54,360 --> 00:10:57,400 Speaker 1: in great for giant drug companies. It's just not doing 208 00:10:57,440 --> 00:10:59,800 Speaker 1: great for people who are trying to get a prescription field. 209 00:11:00,600 --> 00:11:03,920 Speaker 1: That was Senator Elizabeth Warren taking to the debate stage 210 00:11:04,440 --> 00:11:07,439 Speaker 1: last night. She arguably now still in the top tier. 211 00:11:07,520 --> 00:11:10,280 Speaker 1: Holy and Castro also in that top tier. I was 212 00:11:10,360 --> 00:11:12,680 Speaker 1: able to fred to catch up with Senator Elizabeth Warren 213 00:11:12,720 --> 00:11:15,319 Speaker 1: in the spin room. The spin room. We're back in 214 00:11:15,360 --> 00:11:17,839 Speaker 1: the spin room. Time fly spread the spin room, and 215 00:11:17,840 --> 00:11:20,559 Speaker 1: I asked her, I said, what would a Warren administration 216 00:11:20,760 --> 00:11:24,520 Speaker 1: do on day one in order to have what she 217 00:11:24,679 --> 00:11:27,959 Speaker 1: says is the quote unquote courage to take on big business, 218 00:11:28,040 --> 00:11:30,439 Speaker 1: big tech, big pharma. Take a listen to what you 219 00:11:30,559 --> 00:11:33,920 Speaker 1: told me, Senator. You said you had the courage to 220 00:11:34,080 --> 00:11:36,520 Speaker 1: take on big corporations, the courage to take on big 221 00:11:36,559 --> 00:11:38,720 Speaker 1: tech in Wall Street. What would you do as president 222 00:11:38,800 --> 00:11:41,920 Speaker 1: on day one, Senator Warren, to address those concerns. So 223 00:11:42,080 --> 00:11:46,040 Speaker 1: it's about having a Justice Department that actually will use 224 00:11:46,200 --> 00:11:49,520 Speaker 1: the tools that are available, and being a president who 225 00:11:49,520 --> 00:11:52,160 Speaker 1: will name the right people in the Justice Department back 226 00:11:52,240 --> 00:11:55,480 Speaker 1: them up when they get out there. I'm not somebody 227 00:11:55,520 --> 00:11:58,280 Speaker 1: who folds at the first sign that someone wants to 228 00:11:58,400 --> 00:12:03,160 Speaker 1: fight back East John In corporations have too much power. 229 00:12:03,600 --> 00:12:06,440 Speaker 1: They have too much economic power, and they have too 230 00:12:06,559 --> 00:12:09,439 Speaker 1: much political power. And when they've got that kind of 231 00:12:09,559 --> 00:12:14,839 Speaker 1: political power, that's what creates corruption in Washington. That was 232 00:12:14,880 --> 00:12:18,120 Speaker 1: Senator Elizabeth Warren Tyler Pager, who covers all things politics 233 00:12:18,200 --> 00:12:21,320 Speaker 1: for us on the campaign trail. Will she be able 234 00:12:21,360 --> 00:12:24,160 Speaker 1: to contrast herself enough from I don't know, Senator Bernie Sanders. 235 00:12:24,960 --> 00:12:28,000 Speaker 1: I think that's what she um. I think last night 236 00:12:28,080 --> 00:12:31,000 Speaker 1: you saw her trying to reassure Sanders supporters that she 237 00:12:31,200 --> 00:12:34,079 Speaker 1: was liberal enough when when the question was asked about 238 00:12:34,280 --> 00:12:38,199 Speaker 1: who's who supports get private insurance to move forward towards 239 00:12:38,240 --> 00:12:40,000 Speaker 1: Medicare for all, she and build the Lasio were the 240 00:12:40,040 --> 00:12:41,880 Speaker 1: only two that raised in her hand. And that was 241 00:12:41,920 --> 00:12:43,559 Speaker 1: actually a little bit of a different answer than I 242 00:12:43,679 --> 00:12:45,640 Speaker 1: heard from her on the campaign trail. She's been a 243 00:12:45,679 --> 00:12:48,880 Speaker 1: little bit more cautious and outright calling for banning, for 244 00:12:49,240 --> 00:12:53,040 Speaker 1: for eradicating private insurance. Last night she gave fullbacking to 245 00:12:53,160 --> 00:12:55,439 Speaker 1: that UM, and so I think that was something that 246 00:12:55,960 --> 00:12:57,679 Speaker 1: was it was a little bit different and more of 247 00:12:58,000 --> 00:13:00,200 Speaker 1: not contrasting or to Bernie Sanders at this point point, 248 00:13:00,600 --> 00:13:03,000 Speaker 1: but um trying to ensure that that she could win 249 00:13:03,120 --> 00:13:06,320 Speaker 1: over those those Standers supporters and more left wing flank 250 00:13:06,360 --> 00:13:08,840 Speaker 1: of the Democratic Party. But she's got a longer term 251 00:13:09,080 --> 00:13:11,679 Speaker 1: issue with Bernie, because Bernie Sanders is going to have 252 00:13:11,800 --> 00:13:14,880 Speaker 1: the money to be in this race throughout. He has 253 00:13:14,880 --> 00:13:16,760 Speaker 1: already said he may not go out to the convention. 254 00:13:17,080 --> 00:13:19,240 Speaker 1: So even if he is not the nominee, he is 255 00:13:19,280 --> 00:13:23,720 Speaker 1: in some ways blocking her, i think, from consolidating progressive 256 00:13:23,760 --> 00:13:27,800 Speaker 1: support and really mounting a challenge to the former Vice president. 257 00:13:27,840 --> 00:13:31,880 Speaker 1: And look there's also a danger to to Fred's point 258 00:13:31,920 --> 00:13:34,439 Speaker 1: about moving too far to the left. When she put 259 00:13:34,520 --> 00:13:36,640 Speaker 1: up her hand about eliminating private insurance, she was the 260 00:13:36,720 --> 00:13:39,720 Speaker 1: minority of Democrats on that stage with Bill a Blasio, 261 00:13:40,440 --> 00:13:43,400 Speaker 1: and that is gonna be fodder for President Trump to say, 262 00:13:43,559 --> 00:13:46,200 Speaker 1: pointed her and say she wants to take away your 263 00:13:46,240 --> 00:13:48,560 Speaker 1: healthcare and we're gonna be relating getting healthcare again. I mean, 264 00:13:48,600 --> 00:13:50,440 Speaker 1: this is you know, months and months down the road. 265 00:13:50,800 --> 00:13:53,120 Speaker 1: But I think there is a progressive tension right now 266 00:13:53,280 --> 00:13:57,160 Speaker 1: between Sanders and Warren. Warren's feeling more pressure to move 267 00:13:57,280 --> 00:13:59,319 Speaker 1: to the left. The question is how far will she 268 00:13:59,520 --> 00:14:04,079 Speaker 1: go without hurting herself as a potential general election candidate 269 00:14:04,120 --> 00:14:06,920 Speaker 1: against Donald Trump. And did the Catanese series US Senior 270 00:14:07,000 --> 00:14:10,240 Speaker 1: Politics or Border for US News and World Report. He 271 00:14:10,360 --> 00:14:14,240 Speaker 1: mentioned this this moment, this crucial moment on night one 272 00:14:14,360 --> 00:14:17,840 Speaker 1: of the two part the Democratic presidential debate, where Senator 273 00:14:17,920 --> 00:14:21,160 Speaker 1: Elizabeth Warren as well as New York City Mayor Bill 274 00:14:21,400 --> 00:14:26,440 Speaker 1: de Blasio both raising their hands on the issue of 275 00:14:26,480 --> 00:14:29,440 Speaker 1: whether or not they would eliminate private medicare plans in 276 00:14:29,520 --> 00:14:32,240 Speaker 1: favor of government run medicare plans. Take a listen to 277 00:14:32,400 --> 00:14:35,240 Speaker 1: this particular moment for Medicare for All from Elizabeth Warren, 278 00:14:36,160 --> 00:14:38,880 Speaker 1: it's to bring in as many dollars as they can 279 00:14:39,080 --> 00:14:43,040 Speaker 1: in premiums and pay out as few dollars as possible 280 00:14:43,160 --> 00:14:47,680 Speaker 1: for your health care. That leaves families with rising premiums, 281 00:14:48,160 --> 00:14:52,160 Speaker 1: rising co pays, and fighting with insurance companies to try 282 00:14:52,240 --> 00:14:55,040 Speaker 1: to get the health care that their doctors say that 283 00:14:55,160 --> 00:14:59,920 Speaker 1: they and their children need. Medicare for All solves that problem. 284 00:15:01,360 --> 00:15:03,680 Speaker 1: Can you Can you run for president and not support 285 00:15:04,120 --> 00:15:06,440 Speaker 1: Medicare for All? Fred Hockburg, I think you could run 286 00:15:06,480 --> 00:15:09,120 Speaker 1: for presidents for healthcare for all? And I think that 287 00:15:09,240 --> 00:15:11,280 Speaker 1: there is a new wance there. And I think that 288 00:15:11,520 --> 00:15:13,640 Speaker 1: as as came up last night, if people are asked, 289 00:15:13,680 --> 00:15:15,480 Speaker 1: do I have to give up my insurance, give up 290 00:15:15,560 --> 00:15:17,280 Speaker 1: my doctor? I don't want to do that. So I 291 00:15:17,400 --> 00:15:20,480 Speaker 1: think there is a nu once to everybody should have healthcare. 292 00:15:20,760 --> 00:15:22,960 Speaker 1: The fact that we're still debating this twenty years in 293 00:15:23,200 --> 00:15:25,360 Speaker 1: kind of remarkable. Of the in the richest country in 294 00:15:25,360 --> 00:15:28,520 Speaker 1: the world. Who won last night? Who won, Well, a 295 00:15:28,600 --> 00:15:31,280 Speaker 1: lot of people had good days. I mean, elizath Warren 296 00:15:31,320 --> 00:15:33,560 Speaker 1: had a good day. I Blas had a good day, 297 00:15:34,120 --> 00:15:37,440 Speaker 1: even Um the congressman John Delaney had a good I 298 00:15:37,480 --> 00:15:41,080 Speaker 1: mean I had expectation. Versus were Miami, Fred, What part 299 00:15:41,120 --> 00:15:43,200 Speaker 1: of far did you live in? Is it West? Paul No, 300 00:15:43,480 --> 00:15:48,120 Speaker 1: Miami Beach, Miami Beach, Miami Beaches, very own ladies and gentlemen. 301 00:15:48,280 --> 00:15:51,640 Speaker 1: Fred Aukberg coming up much more republican reaction. I'll play 302 00:15:51,680 --> 00:15:53,480 Speaker 1: for you some of my interview with r n C 303 00:15:53,760 --> 00:15:57,560 Speaker 1: Chairwoman Ronny Romney McDaniel. I was in a trucking small 304 00:15:57,600 --> 00:16:00,640 Speaker 1: business trucking house just a couple of hours ago with 305 00:16:00,680 --> 00:16:04,520 Speaker 1: the chairwoman of the RNC, Tyler Pagris stays, David he stays, 306 00:16:04,600 --> 00:16:07,680 Speaker 1: the chairman Hawkbirn, and the former chairman of the Export 307 00:16:07,720 --> 00:16:11,520 Speaker 1: Import Bank. I was gonna say the expert Miami Beach stays. 308 00:16:11,640 --> 00:16:14,720 Speaker 1: You can download the sound on podcast on Apple iTunes, 309 00:16:14,920 --> 00:16:17,960 Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business app. 310 00:16:18,000 --> 00:16:21,120 Speaker 1: You can also find me on I Heart Radio Radio 311 00:16:21,280 --> 00:16:25,000 Speaker 1: dot Com, Spotify, and the Bloomberg Business Up. I'm Kevin Sili. 312 00:16:25,080 --> 00:16:36,600 Speaker 1: You're listening so Bloomberg one. You're listening to sound On 313 00:16:36,960 --> 00:16:41,160 Speaker 1: with Kevin Surreally on Bloomberg one and one oh five 314 00:16:41,200 --> 00:16:43,200 Speaker 1: point seven f m h D two Bolt them are 315 00:16:44,520 --> 00:16:47,640 Speaker 1: what I saw last night was a Democrat Party that 316 00:16:47,840 --> 00:16:51,520 Speaker 1: is totally been reshaped in the in the and the 317 00:16:51,920 --> 00:16:55,000 Speaker 1: likes of Bernie Sanders. And we have a Republican party 318 00:16:55,080 --> 00:16:56,760 Speaker 1: that can now go to the American people and say 319 00:16:57,000 --> 00:16:59,680 Speaker 1: we've created more jobs with this is why you need 320 00:16:59,720 --> 00:17:03,680 Speaker 1: to rail like Donald Trump. That was Rona Romney McDaniel, 321 00:17:03,840 --> 00:17:07,080 Speaker 1: chairwoman of the Republican National Committee. I caught up with 322 00:17:07,160 --> 00:17:10,000 Speaker 1: her at a truck e small business. Literally it was 323 00:17:10,040 --> 00:17:14,360 Speaker 1: like a trucking warehouse, garage, hot Human Miami. I'm in Miami. 324 00:17:14,440 --> 00:17:17,879 Speaker 1: I'm Kevin Silli, Chief Washington correspondent for Bloomberg Television of 325 00:17:17,920 --> 00:17:21,760 Speaker 1: Bloomberg Radio, broadcasting from right outside of the Spin Room 326 00:17:22,080 --> 00:17:26,119 Speaker 1: here in Miami, where supporters for the various Democratic presidential 327 00:17:26,240 --> 00:17:29,159 Speaker 1: candidates are out in full force. And we're just several 328 00:17:29,280 --> 00:17:33,040 Speaker 1: hours away from Night two of the first Democratic presidential 329 00:17:33,080 --> 00:17:36,680 Speaker 1: debate kicks off. Former Vice President Joe Biden is set 330 00:17:36,720 --> 00:17:39,960 Speaker 1: to take the stage along with Senator Bernie Sanders, Kamala Harris, 331 00:17:40,080 --> 00:17:44,000 Speaker 1: beat Buddha j Edge, the South Bend Indiana mayor, and 332 00:17:44,080 --> 00:17:48,119 Speaker 1: guess who just walked in, Adam Green. Adam Green is 333 00:17:48,240 --> 00:17:51,719 Speaker 1: here with me. We just heard from Ronna Romney McDaniel 334 00:17:51,840 --> 00:17:55,280 Speaker 1: making her case, Adam, you being a prominent Democratic strategist, 335 00:17:55,320 --> 00:17:58,399 Speaker 1: now you're with Bold Progressives, I believe still dot org 336 00:17:58,640 --> 00:18:02,159 Speaker 1: dot org, dot org. I think people should go to 337 00:18:02,200 --> 00:18:04,080 Speaker 1: Bold Progressives at org. But I just wanted to acknowledge 338 00:18:04,080 --> 00:18:06,120 Speaker 1: the full facts. I'm a truth teller, all right. Well, 339 00:18:06,480 --> 00:18:09,679 Speaker 1: I want to talk immigration because immigration got a lot 340 00:18:09,720 --> 00:18:11,560 Speaker 1: of play last night, and there's actually some breaking news 341 00:18:11,600 --> 00:18:15,440 Speaker 1: on the Bloomberg terminal regarding it. Uh, with this potential 342 00:18:15,600 --> 00:18:19,119 Speaker 1: deal that has happened, I'm gonna read from my college 343 00:18:19,119 --> 00:18:21,800 Speaker 1: reporting on the Bloomberg terminal. House Speaker Nancy Pelosi blinked 344 00:18:22,080 --> 00:18:25,080 Speaker 1: and her standoff with Senate Majority Leader Mitch McConnell allowing 345 00:18:25,160 --> 00:18:27,080 Speaker 1: the House to vote on the Senate version of a 346 00:18:27,119 --> 00:18:30,800 Speaker 1: four point five billion dollar border funding bill, an abandoning 347 00:18:30,800 --> 00:18:34,800 Speaker 1: an amendment sought by her progressive members. To Speaker belows, 348 00:18:35,000 --> 00:18:37,399 Speaker 1: what's going on with with immigration? I'm seeing your scratch 349 00:18:37,440 --> 00:18:40,200 Speaker 1: your head right now. But how will immigration play in 350 00:18:40,280 --> 00:18:43,240 Speaker 1: the Democratic primary? And how have we seen it play 351 00:18:43,600 --> 00:18:46,840 Speaker 1: in this first debate? Well, it's interesting, you know, a 352 00:18:46,920 --> 00:18:48,680 Speaker 1: few years ago I actually went on a border tour 353 00:18:49,119 --> 00:18:51,480 Speaker 1: and for the first time, I was confronted with families 354 00:18:51,520 --> 00:18:54,399 Speaker 1: who are explaining how their families are being separated from 355 00:18:54,440 --> 00:18:57,159 Speaker 1: each other, mother separated from fathers and mother and you 356 00:18:57,200 --> 00:19:00,119 Speaker 1: know you kids from from their parents and whatever right 357 00:19:00,119 --> 00:19:01,520 Speaker 1: would engage in this debate, and I would say, Hey, 358 00:19:01,600 --> 00:19:03,680 Speaker 1: this is the actual thing at stake. People on the 359 00:19:03,800 --> 00:19:06,520 Speaker 1: right would be like, that's not happening. That's not happening. Now, 360 00:19:06,840 --> 00:19:09,439 Speaker 1: it's abundantly clear's happening, and that will be the central 361 00:19:09,520 --> 00:19:12,199 Speaker 1: messaging object of this election. I was a little surprised 362 00:19:12,280 --> 00:19:15,200 Speaker 1: last night that Julian Kashtro that's how much play offer 363 00:19:15,280 --> 00:19:18,720 Speaker 1: a fairly wonky interaction, very well bill numbers and bill provisions, 364 00:19:18,760 --> 00:19:20,560 Speaker 1: and I was like, this is going nowhere. Apparently went somewhere. 365 00:19:20,600 --> 00:19:22,040 Speaker 1: I was wrong. Well, but I want to play for 366 00:19:22,080 --> 00:19:23,920 Speaker 1: you that exchange because you mentioned that exchange and a 367 00:19:23,960 --> 00:19:27,680 Speaker 1: lot of folks say that helped fuel Jolie and Castro's 368 00:19:28,480 --> 00:19:30,720 Speaker 1: solid performance last night. Take a listen to that exchange 369 00:19:30,760 --> 00:19:34,359 Speaker 1: against Tim and former Congressman Beto Overork. We would spare 370 00:19:34,400 --> 00:19:46,440 Speaker 1: no expense. Are not listening because I mean, they're talking 371 00:19:46,520 --> 00:19:48,800 Speaker 1: over each other. David Katneys is here, He's the US News, 372 00:19:49,080 --> 00:19:51,720 Speaker 1: the Senior Politics reporter for US News and World Report 373 00:19:51,760 --> 00:19:54,360 Speaker 1: as his Fred Hawkberg, former chairman of the X and Bank. 374 00:19:54,400 --> 00:19:56,720 Speaker 1: They're talking over each other who won that exchange David 375 00:19:56,760 --> 00:20:00,160 Speaker 1: Katnis or Castro won the Twitter immediate exchange will though, 376 00:20:00,160 --> 00:20:02,040 Speaker 1: if you want to broader exchange in a month, if 377 00:20:02,080 --> 00:20:04,000 Speaker 1: he's up in five percent and Iowa and not at 378 00:20:04,080 --> 00:20:07,119 Speaker 1: one percent, I mean, I would still caution that tonight 379 00:20:07,200 --> 00:20:08,840 Speaker 1: is going to wipe out a lot of last night 380 00:20:09,240 --> 00:20:10,720 Speaker 1: going into the weekend, because what are you gonna be 381 00:20:10,760 --> 00:20:12,760 Speaker 1: talking about on Friday, Saturday, Sunday. You're probably gonna be 382 00:20:12,760 --> 00:20:15,119 Speaker 1: talking about Thursday, not Wednesday. So I would just caution 383 00:20:15,160 --> 00:20:16,679 Speaker 1: that in a couple of hours this all changes. They 384 00:20:16,720 --> 00:20:18,760 Speaker 1: have a couple of hours left to milk this, and 385 00:20:18,800 --> 00:20:20,119 Speaker 1: then I think we all move on to see what 386 00:20:20,240 --> 00:20:22,280 Speaker 1: what does Bernie say? What is Biden say? Does Andrew 387 00:20:22,320 --> 00:20:24,760 Speaker 1: Yang have a viral moment? I mean, attention is fleet 388 00:20:24,800 --> 00:20:27,280 Speaker 1: thick by July? This will matter even less. No. When 389 00:20:27,320 --> 00:20:29,399 Speaker 1: I was with Rona Romney McDaniel, chairwoman of the R 390 00:20:29,440 --> 00:20:31,720 Speaker 1: and C, Fred Hackburg, former chairman of the Export in 391 00:20:31,800 --> 00:20:37,320 Speaker 1: Port Bank, she said, bring she's Miami Beach native, but 392 00:20:37,560 --> 00:20:40,920 Speaker 1: Vonna all seriousness. Ronna said that the characterization that the 393 00:20:40,960 --> 00:20:44,160 Speaker 1: Republicans gathered was that the Democrats are for open borders. 394 00:20:45,040 --> 00:20:48,399 Speaker 1: I think that was a regrettably that came across. I 395 00:20:48,520 --> 00:20:51,480 Speaker 1: heard that just spending time with people here in Miami today, 396 00:20:51,920 --> 00:20:55,600 Speaker 1: that it appears that Democrats. I don't think that's true, 397 00:20:55,960 --> 00:20:59,639 Speaker 1: but that's certainly how it got characterized. Yeah, So I 398 00:20:59,760 --> 00:21:01,639 Speaker 1: heard her saying in her interview with you, was that 399 00:21:01,760 --> 00:21:04,119 Speaker 1: this is the party of Bernie Sandrews right now. I 400 00:21:04,160 --> 00:21:07,600 Speaker 1: think that's a proxy for many progressive issues were discussed 401 00:21:07,640 --> 00:21:09,479 Speaker 1: on stage last night. Right One way I would put 402 00:21:09,520 --> 00:21:11,520 Speaker 1: it is that your last night was higher than the 403 00:21:11,560 --> 00:21:13,879 Speaker 1: ceiling in yesteryear. What do you mean? What I mean is, 404 00:21:13,920 --> 00:21:15,600 Speaker 1: you know, Medicare for all got a lot of play, 405 00:21:15,760 --> 00:21:17,280 Speaker 1: where a few years ago that would be seen as 406 00:21:17,320 --> 00:21:21,000 Speaker 1: fringe that you know, things like universal childcare and free tuition, 407 00:21:21,040 --> 00:21:23,119 Speaker 1: defree college, things like that weren't even in the lexicon 408 00:21:23,119 --> 00:21:26,080 Speaker 1: a few years ago. Now they are. Um, here's the thing, 409 00:21:26,320 --> 00:21:28,440 Speaker 1: here's they're a little secret that I shouldn't shouldn't share. 410 00:21:28,520 --> 00:21:32,240 Speaker 1: But it's keV. The center of Washington, d C. Is 411 00:21:32,320 --> 00:21:34,800 Speaker 1: much different from the center of the country, and so 412 00:21:35,000 --> 00:21:37,600 Speaker 1: many of these ideas are less about left versus right, 413 00:21:37,640 --> 00:21:40,280 Speaker 1: and bottom versus top right. The basis of both parties 414 00:21:40,280 --> 00:21:41,800 Speaker 1: are off and against the elites in both parties. I 415 00:21:41,840 --> 00:21:43,720 Speaker 1: think honestly, she was out of touch. If she thinks 416 00:21:43,760 --> 00:21:46,800 Speaker 1: talking about universal childcare is a fringe position, she is 417 00:21:46,840 --> 00:21:49,399 Speaker 1: so wrong because but the Republication Order six No, I 418 00:21:49,480 --> 00:21:51,879 Speaker 1: think that's that's an issue that I think Castro is 419 00:21:51,960 --> 00:21:54,639 Speaker 1: probably out of step with the majority to cover to 420 00:21:54,760 --> 00:21:58,879 Speaker 1: to decriminalize illegal immigration, that's what he's arguing for. I 421 00:21:58,920 --> 00:22:01,480 Speaker 1: think Betto was actually, if you're running a general, that's 422 00:22:01,560 --> 00:22:04,719 Speaker 1: the more palpable position. I mean Republicans and Trump ran 423 00:22:04,800 --> 00:22:06,879 Speaker 1: on this in sixteen. Who would run an immigration again 424 00:22:07,240 --> 00:22:11,120 Speaker 1: if the party's position is decriminalized people that are coming 425 00:22:11,160 --> 00:22:15,320 Speaker 1: here legally. I think the center of the country Wisconsin, Michigan, 426 00:22:15,359 --> 00:22:19,639 Speaker 1: Pennsylvania states that matter that that could scare some middle 427 00:22:19,640 --> 00:22:21,560 Speaker 1: of rotors on home old enough for her. When the 428 00:22:21,680 --> 00:22:25,120 Speaker 1: driver's licensed debate flared up in the Democratic presidential where 429 00:22:25,160 --> 00:22:29,920 Speaker 1: in Pennsylvania between Hillary Clintland and that's special Senator Barack Obama. 430 00:22:30,240 --> 00:22:33,200 Speaker 1: Take a listen to what ron Obomney McDaniel had to 431 00:22:33,280 --> 00:22:36,920 Speaker 1: say earlier when I asked her specifically about the conversation 432 00:22:37,000 --> 00:22:41,879 Speaker 1: we're having and her interpretation of the immigration debate. Let 433 00:22:41,920 --> 00:22:44,760 Speaker 1: me just say, um, as any mother would, when you 434 00:22:44,840 --> 00:22:47,840 Speaker 1: see that photograph, it it rips her hard out. I 435 00:22:47,880 --> 00:22:50,600 Speaker 1: mean it's just heartbreaking, and it's the father and his 436 00:22:50,800 --> 00:22:53,680 Speaker 1: daughter and the mother survived and have to live through that. 437 00:22:53,880 --> 00:22:57,280 Speaker 1: It's heartbreaking. I know that the president has been fighting 438 00:22:57,320 --> 00:23:00,040 Speaker 1: for immigration reform for over two years before even on 439 00:23:00,119 --> 00:23:02,560 Speaker 1: in office. That's what this was started his campaign. He said, 440 00:23:02,600 --> 00:23:05,439 Speaker 1: we have broken boarders, we need to fix our laws. 441 00:23:06,440 --> 00:23:09,240 Speaker 1: That was Ronerd Romney McDaniel addressing that horrific I mean 442 00:23:09,320 --> 00:23:12,119 Speaker 1: nut photo at a nut photo was so tragic of 443 00:23:12,200 --> 00:23:15,840 Speaker 1: the of the deceased father and daughter twenty six months old. 444 00:23:15,880 --> 00:23:20,240 Speaker 1: Was sorry, I mean it was just no words, no words, 445 00:23:20,880 --> 00:23:23,520 Speaker 1: no words for how devastating nut photo was. Yeah, this 446 00:23:23,640 --> 00:23:25,640 Speaker 1: whole I'm and it's it's a tip of the iceberg. 447 00:23:26,000 --> 00:23:29,080 Speaker 1: Right yesterday, I was at the Homestead Child Attention facility 448 00:23:29,680 --> 00:23:33,120 Speaker 1: here in Florida with Elizabeth Warren and just seeing these kids, 449 00:23:33,200 --> 00:23:35,680 Speaker 1: one of them actually yelled out in Spanish, We're gonna 450 00:23:35,720 --> 00:23:38,560 Speaker 1: die here right like this this is bad. And I 451 00:23:38,600 --> 00:23:40,520 Speaker 1: would just say that I think there's an analogy to 452 00:23:40,760 --> 00:23:43,560 Speaker 1: hear with the abortion today where there's a where there's 453 00:23:43,560 --> 00:23:45,760 Speaker 1: a question of are you talking about late term abortion 454 00:23:46,240 --> 00:23:48,359 Speaker 1: or are you talking about the last plan parenthood? Talking 455 00:23:48,920 --> 00:23:52,040 Speaker 1: closing in the state the Republicans are in the Nile 456 00:23:52,560 --> 00:23:56,440 Speaker 1: that more people understand the image of a child and 457 00:23:56,520 --> 00:23:58,960 Speaker 1: a parent being separated or a parent losing a child 458 00:23:59,280 --> 00:24:03,040 Speaker 1: than understand and these wonky open border policies, and with 459 00:24:03,400 --> 00:24:07,879 Speaker 1: this image of money doesn't matters, photojournalism, photojournalism mattered, And honestly, 460 00:24:07,960 --> 00:24:10,280 Speaker 1: here just the story of this that you know you 461 00:24:10,320 --> 00:24:13,159 Speaker 1: can understand nothing but immigration, but still understand what it 462 00:24:13,200 --> 00:24:15,240 Speaker 1: means for a parent and a child to be separated 463 00:24:15,240 --> 00:24:19,080 Speaker 1: from from one another. Adam Green's Here's Democratic Strategists. He's 464 00:24:19,080 --> 00:24:22,560 Speaker 1: also a boat Progressives dot Org who's prominent insider with 465 00:24:22,640 --> 00:24:26,360 Speaker 1: Warren World. Traveling yesterday with Senator Elizabeth Warren, top tier 466 00:24:26,400 --> 00:24:30,040 Speaker 1: presidential candidate, to homestead which a site in Florida. In 467 00:24:30,200 --> 00:24:33,520 Speaker 1: Florida of that child detention center. Coming up, we're gonna 468 00:24:33,560 --> 00:24:36,399 Speaker 1: have much more reaction and analyst star panel. We're just 469 00:24:36,600 --> 00:24:39,840 Speaker 1: outside of the Debate spin room, where I gotta tell you, 470 00:24:39,920 --> 00:24:44,200 Speaker 1: a crowd of about fifty or so report supporters for 471 00:24:44,280 --> 00:24:47,800 Speaker 1: the various candidates, Joe Biden, the Yang Gang. They're chanting, 472 00:24:48,280 --> 00:24:51,440 Speaker 1: they're cheering, they are ready for this second part of 473 00:24:51,600 --> 00:24:54,880 Speaker 1: the debate to kick off in just a few few 474 00:24:55,000 --> 00:24:57,440 Speaker 1: short hours. I'm Kevin Suili, Chief Watching the correspondent for 475 00:24:57,480 --> 00:25:00,560 Speaker 1: Bloomberg TV and Radio. Who can download the sound podcast 476 00:25:00,600 --> 00:25:02,959 Speaker 1: on Apple lo iTunes of Bloomberg dot com where by 477 00:25:03,000 --> 00:25:05,280 Speaker 1: downloading the Bloomberg Business app, you can also find me 478 00:25:05,359 --> 00:25:09,440 Speaker 1: on Radio dot com, I Heart Radio and Spotify. You're 479 00:25:09,480 --> 00:25:17,680 Speaker 1: listening to Bloomberg. You're listening to Sound On with Kevin's 480 00:25:17,840 --> 00:25:21,760 Speaker 1: really on Bloomberg one and one oh five point seven 481 00:25:22,080 --> 00:25:25,560 Speaker 1: m h D two boltom Old. Joe right now goes 482 00:25:25,600 --> 00:25:28,680 Speaker 1: wherever the wind blows, right where the wind blows, Joe, 483 00:25:28,840 --> 00:25:32,960 Speaker 1: I mean everything, every position he's changing, he's moderating himself. 484 00:25:33,119 --> 00:25:35,600 Speaker 1: He's had a forty five year career in politics. I 485 00:25:35,680 --> 00:25:37,440 Speaker 1: really don't know what he can take to the American 486 00:25:37,480 --> 00:25:39,680 Speaker 1: people and say we need to get things done and 487 00:25:39,840 --> 00:25:42,640 Speaker 1: then argue as to why he hasn't gotten that done 488 00:25:42,720 --> 00:25:46,480 Speaker 1: in his decades long career in government. Who she did 489 00:25:46,600 --> 00:25:50,000 Speaker 1: not hold back that was r n C Committee Chairwoman 490 00:25:50,080 --> 00:25:54,359 Speaker 1: Robert Robney, McDaniel speaking exclusively to me earlier today on 491 00:25:54,440 --> 00:25:58,040 Speaker 1: Bloomberg Television. Head to Bloomberg tv dot com and order 492 00:25:58,800 --> 00:26:01,959 Speaker 1: to see that full interview. We were speaking in Miami 493 00:26:02,119 --> 00:26:07,200 Speaker 1: where I am. Why Well, it's the first Democratic presidential debate, 494 00:26:07,280 --> 00:26:10,040 Speaker 1: and we're just a couple of hours away now from 495 00:26:10,200 --> 00:26:14,920 Speaker 1: night to of the first Democratic presidential debate where former 496 00:26:15,000 --> 00:26:18,400 Speaker 1: Vice President Joe Biden squares off for the first time 497 00:26:18,520 --> 00:26:21,760 Speaker 1: this cycle against Senator Bernie Sanders of Vermont. He's on 498 00:26:21,840 --> 00:26:25,960 Speaker 1: that main stage, as is a other as our correction, 499 00:26:26,119 --> 00:26:30,320 Speaker 1: as our eight other Democratic presidential hopefuls. Mayor Pete Buddha 500 00:26:30,400 --> 00:26:34,919 Speaker 1: Jedge of South Bend, Indiana, Senator Kamala Harris of California, 501 00:26:35,000 --> 00:26:38,560 Speaker 1: Kirston Jilla brand New York, Michael Bennett of Colorado, I 502 00:26:38,600 --> 00:26:42,600 Speaker 1: gotta catch your breath, author Marian Williamson, Representative Eric Swalwell, 503 00:26:42,960 --> 00:26:46,960 Speaker 1: Andrew Yang, and former Colorado Governor John Hick and Looper. 504 00:26:47,000 --> 00:26:49,560 Speaker 1: All right, it's quite quite the list with me here 505 00:26:50,000 --> 00:26:53,520 Speaker 1: to break it all down for us. Former Chairman of 506 00:26:53,560 --> 00:26:56,520 Speaker 1: the Export Import Bank, Fred Hawkburg, He's also a Democrat, 507 00:26:56,600 --> 00:26:59,639 Speaker 1: served in the Obama administration. Adam Green war in World 508 00:26:59,720 --> 00:27:05,000 Speaker 1: in Sider and the founder of of of Bowl Progressives 509 00:27:05,080 --> 00:27:08,639 Speaker 1: dot org. And David catany is He is U S 510 00:27:08,720 --> 00:27:13,560 Speaker 1: News and World Report senior politics reporter. Got it all 511 00:27:13,600 --> 00:27:16,320 Speaker 1: out there. Who is Andrew Yang? David catanys. I think 512 00:27:16,320 --> 00:27:18,240 Speaker 1: a lot of Americans are gonna bean Andrew Yang for 513 00:27:18,280 --> 00:27:21,760 Speaker 1: the first time. Yeah. So he's a venture venture capitalist 514 00:27:21,840 --> 00:27:24,560 Speaker 1: who's sort of had his hands in everything. Uh, he's 515 00:27:24,560 --> 00:27:27,119 Speaker 1: actually a physics major who went on to work at 516 00:27:27,160 --> 00:27:30,400 Speaker 1: the m all these different companies. He started a philanthropy 517 00:27:30,520 --> 00:27:34,200 Speaker 1: company to raise money for a bunch of different causes. 518 00:27:34,280 --> 00:27:37,159 Speaker 1: He got into healthcare, he started a separate healthcare company, 519 00:27:37,600 --> 00:27:39,359 Speaker 1: um which is why he always talks about how he's 520 00:27:39,400 --> 00:27:41,359 Speaker 1: good at math. Because the guy, actually, you know, he 521 00:27:41,400 --> 00:27:45,480 Speaker 1: has a big brain. He created business. But he's pretty progressive. 522 00:27:45,640 --> 00:27:48,360 Speaker 1: He's a personality and he's a personality and I think 523 00:27:48,440 --> 00:27:50,679 Speaker 1: he could be the guy that has the moment tonight 524 00:27:50,800 --> 00:27:53,320 Speaker 1: because he's smart, he's quick on his feet, he gets 525 00:27:53,400 --> 00:27:56,159 Speaker 1: the humor matters. And I think one thing last night 526 00:27:56,200 --> 00:27:59,480 Speaker 1: the Democrats failed to do. They looked a little anxious 527 00:27:59,520 --> 00:28:02,119 Speaker 1: and angry. I think overall, just to ten of them, 528 00:28:02,160 --> 00:28:04,360 Speaker 1: you know, it's all they're they're mad about immigration, they're 529 00:28:04,359 --> 00:28:07,240 Speaker 1: mad about Trump. But you gotta have some levity people 530 00:28:07,280 --> 00:28:09,399 Speaker 1: at home where it's like two hours of anxiety. And 531 00:28:09,440 --> 00:28:12,480 Speaker 1: it's Andrew Gang it is, I mean, like all of 532 00:28:12,520 --> 00:28:15,880 Speaker 1: them were. I mean, we're it's it's a little Who's 533 00:28:15,960 --> 00:28:20,159 Speaker 1: Maryann Williamson. She is Oprah's good friend. Well, I mean 534 00:28:22,000 --> 00:28:25,320 Speaker 1: David Such. She showed me this this Instagram post that 535 00:28:25,480 --> 00:28:28,639 Speaker 1: says she do not call her a guru. I don't know, 536 00:28:28,680 --> 00:28:30,760 Speaker 1: but who is she close to know? I mean, she's 537 00:28:30,800 --> 00:28:34,360 Speaker 1: written spiritual help books, something to help self help industry, 538 00:28:34,680 --> 00:28:36,240 Speaker 1: and they've done really well, and it got her a 539 00:28:36,320 --> 00:28:39,000 Speaker 1: huge social media following. And it's amazing that she was 540 00:28:39,040 --> 00:28:40,600 Speaker 1: able to get on the stage. And you had a 541 00:28:40,640 --> 00:28:44,160 Speaker 1: congressman and a governor, Steve Bullock not able to get 542 00:28:44,200 --> 00:28:46,520 Speaker 1: on that stage, Joe Sestak not able to get on 543 00:28:46,600 --> 00:28:49,040 Speaker 1: that stage. Some other folks also not able to get 544 00:28:49,080 --> 00:28:52,280 Speaker 1: on that stage. And Adam Green. Adam Green, we were 545 00:28:52,320 --> 00:28:56,200 Speaker 1: talking about the policy, the substance of the debate, uh 546 00:28:56,320 --> 00:28:58,920 Speaker 1: and and it is I gotta be candid here my 547 00:28:59,120 --> 00:29:01,440 Speaker 1: my training of thoughts. It's difficult to hear because they 548 00:29:01,440 --> 00:29:04,560 Speaker 1: supporters for all of the different various campaigns who are 549 00:29:04,640 --> 00:29:07,120 Speaker 1: channing for their candidates behind us. So if you catch 550 00:29:07,160 --> 00:29:10,200 Speaker 1: any of that crowd reaction, we are literally in the 551 00:29:10,320 --> 00:29:14,680 Speaker 1: eye of the storm. Adam Green focusing on policy tonight. 552 00:29:14,720 --> 00:29:16,400 Speaker 1: Are we going to see a continuation of what we 553 00:29:16,440 --> 00:29:20,000 Speaker 1: saw last night from Senator Elizabeth Warren on medicare for all? 554 00:29:21,240 --> 00:29:23,480 Speaker 1: I think we will. We're first of all, last night 555 00:29:23,520 --> 00:29:27,040 Speaker 1: wish by far her strongest statement of sport for medicare 556 00:29:27,120 --> 00:29:29,360 Speaker 1: for all in the whole campaign, and she didn't when 557 00:29:29,360 --> 00:29:34,200 Speaker 1: it really counted, when million people were watching. And politically, 558 00:29:34,240 --> 00:29:35,960 Speaker 1: I think it was really smart that she grounded it 559 00:29:36,360 --> 00:29:39,640 Speaker 1: all in taking on the big insurance companies. Right, any 560 00:29:39,720 --> 00:29:41,920 Speaker 1: quote that Republicans want to pull from an ad would 561 00:29:41,920 --> 00:29:44,400 Speaker 1: be something very popular because she was bashing big insurance, 562 00:29:44,440 --> 00:29:47,080 Speaker 1: which is popular Republicans, Democrats, Independence, and my guess is 563 00:29:47,120 --> 00:29:50,719 Speaker 1: out continue to night. That aked me through the political strategy. 564 00:29:50,840 --> 00:29:52,840 Speaker 1: So that's the policy which matters. Now take me through 565 00:29:52,880 --> 00:29:55,320 Speaker 1: the politics. Actually that that is the politics. I mean 566 00:29:57,080 --> 00:29:59,240 Speaker 1: in the progressive realm. It's very important that she and 567 00:29:59,320 --> 00:30:02,600 Speaker 1: Bernie be out there as bowl transformational progressives together and 568 00:30:02,720 --> 00:30:05,840 Speaker 1: she pretty much after leaving yesterday made sure there was 569 00:30:05,880 --> 00:30:08,880 Speaker 1: no daylight. But it matters what your point of emphasis is, right, 570 00:30:08,920 --> 00:30:11,240 Speaker 1: it matters what your top line messages. I think yesterday 571 00:30:11,280 --> 00:30:13,440 Speaker 1: is pretty much her opening argument to millions of people 572 00:30:13,480 --> 00:30:15,800 Speaker 1: about medical for all, and she did it from position 573 00:30:15,840 --> 00:30:18,560 Speaker 1: of strength, basically squaring her entire argument around taking on 574 00:30:18,640 --> 00:30:20,800 Speaker 1: big insurance. She didn't get in the weeds, well what 575 00:30:20,880 --> 00:30:22,680 Speaker 1: about this, we're about that? It was it was a 576 00:30:22,720 --> 00:30:24,960 Speaker 1: good opening argument. They didn't get to the question of well, 577 00:30:25,360 --> 00:30:27,560 Speaker 1: do people really like their doctors or their end needs? Right? 578 00:30:27,680 --> 00:30:29,560 Speaker 1: That that will come, I'm short it later debates, But 579 00:30:29,720 --> 00:30:31,360 Speaker 1: she is well positioned in a fight by coming on 580 00:30:31,520 --> 00:30:33,840 Speaker 1: strong ground. Alight, Joe Biden, what's he gotta do tonight? 581 00:30:33,880 --> 00:30:37,000 Speaker 1: Fred Heart Park. I think Joe Biden has gotta He 582 00:30:37,440 --> 00:30:40,160 Speaker 1: regrettably has the most lose because he's the front runner, 583 00:30:40,200 --> 00:30:42,320 Speaker 1: and then there's gonna be there maybe nine people who 584 00:30:42,320 --> 00:30:44,960 Speaker 1: have tried to knock him off for that position. That's 585 00:30:45,000 --> 00:30:46,280 Speaker 1: the problem of being a front when he've got a 586 00:30:46,320 --> 00:30:49,240 Speaker 1: big target. So he's going to maintain that and he's 587 00:30:49,280 --> 00:30:51,360 Speaker 1: got to be able to He's never a problem with 588 00:30:51,560 --> 00:30:55,320 Speaker 1: the front running. Yeah, well, the challenges. He's a good 589 00:30:55,400 --> 00:30:58,960 Speaker 1: general election candidate and he's gonna this is about primary voters. 590 00:30:59,080 --> 00:31:02,600 Speaker 1: I see Adam again, his head Freddie miamid Miami Beach 591 00:31:02,680 --> 00:31:08,120 Speaker 1: could be a world He's running a general election type Candi. 592 00:31:08,160 --> 00:31:10,840 Speaker 1: He's running a pretty bad general election campaign. So I'll 593 00:31:10,880 --> 00:31:13,520 Speaker 1: just say there are three genres of candidates in the 594 00:31:13,600 --> 00:31:16,280 Speaker 1: debate tonight. There are well in general, there are bowl 595 00:31:16,360 --> 00:31:19,960 Speaker 1: transformational progressives, which are Bernie and Warren. Then there's a 596 00:31:20,040 --> 00:31:22,520 Speaker 1: bunch of good enough Democrats people who are going in 597 00:31:22,600 --> 00:31:25,680 Speaker 1: the right direction. Generally, if you support a Medicare buy 598 00:31:25,720 --> 00:31:27,320 Speaker 1: in and not Medicare for all, fine, you're moving in 599 00:31:27,320 --> 00:31:29,880 Speaker 1: the right direction. If you nominally support Medicare for all, 600 00:31:29,880 --> 00:31:32,160 Speaker 1: but you don't really intend to fight for it, still 601 00:31:32,200 --> 00:31:34,200 Speaker 1: at least you go in the right direction. Joe Biden 602 00:31:34,320 --> 00:31:36,600 Speaker 1: is one of the few Democrats running who's actually going 603 00:31:36,920 --> 00:31:39,680 Speaker 1: in the wrong direction, not just for primary voters but 604 00:31:39,760 --> 00:31:42,320 Speaker 1: the general election. When he comes out for NAFTA when 605 00:31:42,680 --> 00:31:45,360 Speaker 1: the basis of both parties are against you know, corporate 606 00:31:45,400 --> 00:31:47,440 Speaker 1: and trade deals, when he originally came out against the 607 00:31:47,480 --> 00:31:49,560 Speaker 1: Higher Amendment, when he calls for a middle ground on 608 00:31:49,640 --> 00:31:52,440 Speaker 1: the climate crisis on it, when he says nothing will 609 00:31:52,520 --> 00:31:55,320 Speaker 1: fundamentally change under his presidency, which is the worst general 610 00:31:55,360 --> 00:31:57,960 Speaker 1: engine mantra, especially when he ran with with Obama, who's 611 00:31:58,000 --> 00:31:59,920 Speaker 1: the change candidate? He is somebody who's going in the 612 00:32:00,000 --> 00:32:02,760 Speaker 1: long direction, and I hope he doesn't EXPI is gonna 613 00:32:02,880 --> 00:32:06,240 Speaker 1: spend the whole night playing defense. He's gonna be swatting flies. 614 00:32:06,320 --> 00:32:07,960 Speaker 1: The questions are gonna be why did you say this 615 00:32:08,040 --> 00:32:09,840 Speaker 1: forty years ago? All the way up to why did 616 00:32:09,880 --> 00:32:12,200 Speaker 1: you say the desegregation comment two weeks ago. He's gonna 617 00:32:12,200 --> 00:32:15,800 Speaker 1: be playing defense. I think his challenges stay on message, 618 00:32:15,880 --> 00:32:20,320 Speaker 1: don't apologize, but talk about why you believe that's candidate 619 00:32:20,360 --> 00:32:22,040 Speaker 1: that can beat Trump. I think he's gonna go back 620 00:32:22,080 --> 00:32:23,920 Speaker 1: to that. I know Adam is gonna disagree, but he 621 00:32:24,040 --> 00:32:27,480 Speaker 1: can point to data that says there's no risk there. 622 00:32:27,920 --> 00:32:30,040 Speaker 1: There's a risk with some of these other guys. I'm 623 00:32:30,120 --> 00:32:34,280 Speaker 1: your your the least risk is candidate. But I think 624 00:32:34,360 --> 00:32:37,440 Speaker 1: to play kate progressives, he's never gonna get at him. 625 00:32:37,480 --> 00:32:39,160 Speaker 1: But he's gotta pa play kate some of him. He's 626 00:32:39,160 --> 00:32:41,120 Speaker 1: got to talk a little bit about the future and say, 627 00:32:41,120 --> 00:32:42,560 Speaker 1: you know what, you're gonna get a lot of the past. 628 00:32:42,720 --> 00:32:44,960 Speaker 1: That's what you're betting on my candidacy. That is that's 629 00:32:45,000 --> 00:32:46,840 Speaker 1: part of it. But here's what I can give you 630 00:32:46,920 --> 00:32:49,440 Speaker 1: for the future. Never gonna get we got we got, 631 00:32:49,600 --> 00:32:55,880 Speaker 1: we got two minutes, just saying that's that's, that's if 632 00:32:55,920 --> 00:32:58,440 Speaker 1: you if if Joe Biden can convince you, then you 633 00:32:58,520 --> 00:33:01,440 Speaker 1: know we got the last since two minutes. So I 634 00:33:01,520 --> 00:33:04,320 Speaker 1: want to know who's gonna win this just the tenth tonight, 635 00:33:04,880 --> 00:33:07,080 Speaker 1: just quickly, Who's gonna tonight on the stage. He's gonna 636 00:33:07,120 --> 00:33:09,720 Speaker 1: lose tonight on the stage. Quick Andrew Yang. People to 637 00:33:09,840 --> 00:33:13,680 Speaker 1: judge wins. The rest of them? Uh, Bernie loses. I 638 00:33:13,720 --> 00:33:15,240 Speaker 1: think Kama Harris is gonna hapen good night? Who do 639 00:33:15,280 --> 00:33:17,040 Speaker 1: you think, Adam? I agree with Andrew Yang. I think 640 00:33:17,080 --> 00:33:18,360 Speaker 1: he will tell a couple of points in the pole. 641 00:33:18,640 --> 00:33:20,760 Speaker 1: I think Bernie will have a good night, but Kamala 642 00:33:20,800 --> 00:33:23,440 Speaker 1: wouldn't surprise me either. A right, I agree. People are 643 00:33:23,440 --> 00:33:25,400 Speaker 1: just gonna have This is a big night for him. 644 00:33:25,480 --> 00:33:27,960 Speaker 1: A lot more people will see him and see him 645 00:33:27,960 --> 00:33:30,360 Speaker 1: going head to head with all right. I want to 646 00:33:30,440 --> 00:33:33,360 Speaker 1: thank everybody, Tyler Pager our our political inbed. I want 647 00:33:33,400 --> 00:33:36,000 Speaker 1: to thank Adam Green or Warren, World Insider, Bull Progressives 648 00:33:36,240 --> 00:33:38,880 Speaker 1: Dot Org, as well as Davidkatnice of US News World Report, 649 00:33:39,040 --> 00:33:41,320 Speaker 1: Fred Ackburg, former chairman our crew back in New York, 650 00:33:41,400 --> 00:33:44,680 Speaker 1: Christine Barada, our EP, David sucherm and pulling double duty 651 00:33:45,080 --> 00:33:47,360 Speaker 1: on the teeth by end radio side, I'm Kevin Crelli. 652 00:33:47,600 --> 00:33:51,120 Speaker 1: Thanks for listening. It's to big time Joe Biden, Bernie Sanders, 653 00:33:51,240 --> 00:33:53,400 Speaker 1: you're listening to Bloomberg one.