1 00:00:00,480 --> 00:00:05,199 Speaker 1: Why from our nation's camera, how do we reopen this economy? 2 00:00:05,320 --> 00:00:08,440 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,560 --> 00:00:11,560 Speaker 1: does this do? From the United States relationship with China. 4 00:00:11,720 --> 00:00:16,640 Speaker 1: Bloomberg Sound On, the insiders, the influencers, the insides. We're 5 00:00:16,680 --> 00:00:19,840 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:20,000 --> 00:00:23,520 Speaker 1: never before. We're looking at seventy candidates for different vaccines. 7 00:00:23,600 --> 00:00:26,240 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,320 --> 00:00:30,400 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:30,480 --> 00:00:34,760 Speaker 1: Surrelate on Bloomberg and one oh five point seven f 10 00:00:34,880 --> 00:00:37,960 Speaker 1: m h D two just got to Nashville Packed my 11 00:00:38,120 --> 00:00:43,120 Speaker 1: cowboy boots UH debate debate preview, full debate preview, lay 12 00:00:43,159 --> 00:00:46,000 Speaker 1: Benchminson's going to kick things off for us, plus what 13 00:00:46,080 --> 00:00:49,120 Speaker 1: happened in the markets today, and the latest of fiscal 14 00:00:49,200 --> 00:00:53,199 Speaker 1: stimulus talks. They're inching closer to a deal, so they 15 00:00:53,240 --> 00:00:56,520 Speaker 1: say it's cowboy keV everybody. I'm Kevin Sirelli, chief Washington 16 00:00:56,760 --> 00:01:00,640 Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. I gotta 17 00:01:00,680 --> 00:01:03,040 Speaker 1: say I think I belong in Nashville. You know, it's 18 00:01:03,080 --> 00:01:05,720 Speaker 1: a little bit of it's a beautiful day. Here. We're 19 00:01:05,720 --> 00:01:09,160 Speaker 1: out in the country in downtown Nashville. It reminds me 20 00:01:09,240 --> 00:01:15,319 Speaker 1: of like Austin light meets Charleston, South Carolina with a 21 00:01:15,480 --> 00:01:18,760 Speaker 1: dose of Vegas and hey, the Jersey Shore, and I 22 00:01:18,840 --> 00:01:22,160 Speaker 1: love it. I say all of that as a compliment. Here. 23 00:01:22,319 --> 00:01:24,600 Speaker 1: We're here, of course, not for me to you know, 24 00:01:24,880 --> 00:01:29,199 Speaker 1: make a travel show, but we're here instead to cover 25 00:01:29,280 --> 00:01:32,120 Speaker 1: the final presidential debate and the stakes, truly, folks, have 26 00:01:32,280 --> 00:01:35,880 Speaker 1: never been higher. That's why I'm so thrilled that our 27 00:01:36,000 --> 00:01:37,920 Speaker 1: first guest made time for me today, because she's been 28 00:01:37,959 --> 00:01:42,039 Speaker 1: so incredibly busy with her team's all star stellar coverage 29 00:01:42,040 --> 00:01:44,920 Speaker 1: of the campaign. Her name is Wendy Benjaminson, friend of 30 00:01:44,920 --> 00:01:48,400 Speaker 1: the program, friend of mine, Bloomberg Politics editor. Wendy set 31 00:01:48,400 --> 00:01:51,919 Speaker 1: the stage for us about the politics of the campaign trail. 32 00:01:52,240 --> 00:01:54,640 Speaker 1: This debate is gonna happen, mind you, the same day 33 00:01:54,640 --> 00:01:58,640 Speaker 1: the Senate Judiciary Committee is going to, like, well, will 34 00:01:58,680 --> 00:02:03,520 Speaker 1: advance the nomination of Amy Cody Barrett. That's absolutely right, Kevin, 35 00:02:03,560 --> 00:02:06,680 Speaker 1: and the debate is going to happen. Forty eight hours ago, 36 00:02:06,720 --> 00:02:10,080 Speaker 1: I wasn't so sure they were actually going to do this, 37 00:02:10,160 --> 00:02:13,560 Speaker 1: but it looks like they are, and you know, the 38 00:02:13,600 --> 00:02:16,040 Speaker 1: stakes are pretty high. There's a sense that the race 39 00:02:16,160 --> 00:02:21,919 Speaker 1: is tightening and that um Biden has to really headed 40 00:02:21,960 --> 00:02:25,120 Speaker 1: out of the park and Trump behast. President Trump needs 41 00:02:25,200 --> 00:02:27,440 Speaker 1: to maybe dial it back a little bit from the 42 00:02:27,520 --> 00:02:30,760 Speaker 1: last debate performance, but he's not showing any inclination to 43 00:02:30,840 --> 00:02:34,400 Speaker 1: do so. Let me follow up on that specific point 44 00:02:34,600 --> 00:02:38,880 Speaker 1: of the race. Tightening. The polls in North Carolina up 45 00:02:38,880 --> 00:02:43,400 Speaker 1: by one percent, Joe Biden Florida. It's it's a toss up, really, 46 00:02:43,400 --> 00:02:45,520 Speaker 1: I mean with well within the margin of air. You see, 47 00:02:45,560 --> 00:02:48,040 Speaker 1: you're seeing that again in other states. What other states 48 00:02:48,040 --> 00:02:51,919 Speaker 1: are on your radar, Wendy Benjamin Son. That really magnifies 49 00:02:51,960 --> 00:02:56,320 Speaker 1: the tightening of this race. Texas new Quinnipiac poll out 50 00:02:56,360 --> 00:03:00,679 Speaker 1: today shows it a tie in Texas. The last Democrat 51 00:03:01,120 --> 00:03:06,760 Speaker 1: that carried Texas in the presidential race was Jimmy Carter. Wow. 52 00:03:07,040 --> 00:03:08,799 Speaker 1: And so what do you what do you attribute that too? 53 00:03:08,960 --> 00:03:11,320 Speaker 1: I mean, when I talked to sources on both sides 54 00:03:11,320 --> 00:03:14,840 Speaker 1: of the campaign, what I get is this this sense 55 00:03:14,880 --> 00:03:17,720 Speaker 1: of this sense of their backs are up against the 56 00:03:17,720 --> 00:03:20,480 Speaker 1: wall from Trump World and they're ready to bulldoze through. 57 00:03:20,880 --> 00:03:23,079 Speaker 1: But when I talked to Biden, world. They're anxious of 58 00:03:23,200 --> 00:03:25,280 Speaker 1: having a repeat a sixteen, so they don't want to 59 00:03:25,280 --> 00:03:28,280 Speaker 1: put the car before the horse. It really seems like 60 00:03:28,560 --> 00:03:31,920 Speaker 1: democratic world all woke up in a cold sweat Monday. 61 00:03:32,120 --> 00:03:34,960 Speaker 1: It's like they've been so complacent. They've been so we've 62 00:03:35,000 --> 00:03:37,320 Speaker 1: got this. He's ahead in all the states, he's ahead, 63 00:03:37,320 --> 00:03:40,760 Speaker 1: and all the battleground states, he's taken the industrial Midwest, 64 00:03:40,800 --> 00:03:43,840 Speaker 1: he's you know, creating new democratic states in the South. 65 00:03:44,240 --> 00:03:46,800 Speaker 1: And then it seems like Monday everybody woke up and went, 66 00:03:47,120 --> 00:03:50,280 Speaker 1: holy crap, you know, we might not win this, and 67 00:03:50,280 --> 00:03:55,120 Speaker 1: and sort of started panicing. Um, but I'm not really 68 00:03:55,200 --> 00:03:59,400 Speaker 1: seeing the data to cause panic, but I am. I 69 00:03:59,440 --> 00:04:03,000 Speaker 1: think a good splash of cold water after is not 70 00:04:03,080 --> 00:04:05,800 Speaker 1: a bad thing to do to yourself. You know, yesterday 71 00:04:05,840 --> 00:04:07,920 Speaker 1: we had Tyler Deeton on the program, who is a 72 00:04:07,960 --> 00:04:12,360 Speaker 1: Republican fundraiser UM and is really in the know in 73 00:04:12,480 --> 00:04:17,000 Speaker 1: terms of working with Republican and conservative mail in ballot 74 00:04:17,320 --> 00:04:21,640 Speaker 1: groups and organizations. And he pointed to all of this 75 00:04:21,880 --> 00:04:25,360 Speaker 1: data that we have, which is hard to to one trust, 76 00:04:25,480 --> 00:04:28,719 Speaker 1: but also to to track because the way that our 77 00:04:28,760 --> 00:04:30,960 Speaker 1: our elections are set up, we haven't really had to 78 00:04:31,000 --> 00:04:33,600 Speaker 1: focus much on mail in voting up until this point 79 00:04:34,000 --> 00:04:38,040 Speaker 1: as as such a massive, massive hall of of votes. 80 00:04:38,560 --> 00:04:41,400 Speaker 1: But what are what is what's the reporting from Biden 81 00:04:41,440 --> 00:04:44,400 Speaker 1: World about their confidence that the mail in ballot votes 82 00:04:44,800 --> 00:04:51,120 Speaker 1: are going to attract one new voters and to swing voters. Well, 83 00:04:51,160 --> 00:04:54,720 Speaker 1: I think, um, you know, they are encouraging people to vote, 84 00:04:55,279 --> 00:04:57,680 Speaker 1: just vote. They can vote in person if you feel 85 00:04:57,720 --> 00:05:00,880 Speaker 1: comfortable doing so. They want people to vote, um, by 86 00:05:00,960 --> 00:05:03,080 Speaker 1: mail if if that's how they feel, or to stand 87 00:05:03,120 --> 00:05:06,080 Speaker 1: in line with early early voting. But they're they're big 88 00:05:06,120 --> 00:05:09,440 Speaker 1: pitches just vote in fact, President former President Barack Obama 89 00:05:09,600 --> 00:05:12,960 Speaker 1: is in the Philadelphia area today, you know, doing some 90 00:05:13,040 --> 00:05:15,920 Speaker 1: get out to vote sort of things. But the mail 91 00:05:15,960 --> 00:05:20,120 Speaker 1: in ballots are are going to be interesting because you know, 92 00:05:20,160 --> 00:05:23,240 Speaker 1: we don't know when they're going to be uh, we 93 00:05:23,279 --> 00:05:24,760 Speaker 1: don't know when they're going to be counted in the 94 00:05:24,800 --> 00:05:27,320 Speaker 1: key states of Pennsylvania and Wisconsin is going to be 95 00:05:27,400 --> 00:05:31,120 Speaker 1: after November three, so that could be a very decisive 96 00:05:31,200 --> 00:05:34,640 Speaker 1: sort of turn. And also just because there's so many people, 97 00:05:34,640 --> 00:05:38,040 Speaker 1: I mean, forty million people have already voted. Forty million 98 00:05:38,200 --> 00:05:41,800 Speaker 1: people have already voted. That's like a third of the 99 00:05:41,960 --> 00:05:45,960 Speaker 1: entire vote for and they've already voted, but we don't 100 00:05:45,960 --> 00:05:49,120 Speaker 1: know if they're Democrats, are Republicans. We don't know how 101 00:05:49,160 --> 00:05:52,560 Speaker 1: it's going, so it's it's kind of impossible to tell. 102 00:05:52,720 --> 00:05:56,760 Speaker 1: So it's so important. What Wendy Benjaminson, Bloomberg Politics editor, 103 00:05:57,040 --> 00:05:59,200 Speaker 1: just said, I wish I could bold it, underline it, 104 00:05:59,279 --> 00:06:06,479 Speaker 1: tweeted out do whatever you got, because, um, uh, you 105 00:06:06,520 --> 00:06:09,360 Speaker 1: know what, I no stay focused. Vin Christine Barratta is 106 00:06:09,440 --> 00:06:11,840 Speaker 1: right in the video chat, she's like reined in, Um 107 00:06:12,360 --> 00:06:14,119 Speaker 1: what I was I gonna say, I'm losing my thoughts 108 00:06:14,120 --> 00:06:16,679 Speaker 1: here in Nashville. Oh, I know what I was gonna mention. 109 00:06:17,000 --> 00:06:20,000 Speaker 1: There's no exit poll data for mail in voting. We 110 00:06:20,120 --> 00:06:23,719 Speaker 1: only know the region, the geographics, but it's not like 111 00:06:24,000 --> 00:06:27,480 Speaker 1: on election night where you can kind of see the 112 00:06:27,480 --> 00:06:30,760 Speaker 1: exit poll data. And so when a third, folks, I 113 00:06:30,800 --> 00:06:34,320 Speaker 1: gotta say it again, a third of the electorate has 114 00:06:34,360 --> 00:06:37,839 Speaker 1: already voted and there's no exit polled data. So I 115 00:06:37,880 --> 00:06:42,279 Speaker 1: mean this, that's candidly why I think you have the 116 00:06:42,360 --> 00:06:46,280 Speaker 1: Biden campaign so incredibly uneasy. You know. I go back 117 00:06:46,320 --> 00:06:50,560 Speaker 1: to to this, this mainstream idea, and the President really 118 00:06:50,600 --> 00:06:54,400 Speaker 1: fed into this of suggesting that Republicans are anti mail 119 00:06:54,440 --> 00:06:58,080 Speaker 1: in ballot and Democrats are pro mail in ballot because, 120 00:06:58,160 --> 00:07:01,280 Speaker 1: quite honestly, a lot of people in the Republic when 121 00:07:01,320 --> 00:07:03,120 Speaker 1: I talked to them while about of the trail, Wendy 122 00:07:03,120 --> 00:07:05,520 Speaker 1: Benjamin said, who I talked to you with their Republicans, 123 00:07:05,520 --> 00:07:08,040 Speaker 1: it's just a time thing, even even just as much 124 00:07:08,080 --> 00:07:10,840 Speaker 1: as a health thing for them to cast their ballots early. 125 00:07:10,880 --> 00:07:12,520 Speaker 1: So I'm not so sure that we can say to 126 00:07:12,600 --> 00:07:16,080 Speaker 1: your point that all mail in ballots are Democrats. No, 127 00:07:16,320 --> 00:07:20,080 Speaker 1: not at all. It's I mean, before President Trump, Republicans 128 00:07:20,080 --> 00:07:23,080 Speaker 1: didn't object to mail in balloting, and certainly not I 129 00:07:23,120 --> 00:07:25,600 Speaker 1: don't think most Republicans actually do object to it in 130 00:07:25,600 --> 00:07:28,000 Speaker 1: the middle of a pandemic, especially when so many of 131 00:07:28,040 --> 00:07:31,160 Speaker 1: their voters are over fifty. So no, there is no 132 00:07:31,240 --> 00:07:33,640 Speaker 1: way to tell. And even on election night, you know, 133 00:07:33,680 --> 00:07:36,400 Speaker 1: when when everyone is watching TV or watching their Bloomberg 134 00:07:36,440 --> 00:07:38,560 Speaker 1: terminal or watching the AP to see how the votes 135 00:07:38,600 --> 00:07:40,800 Speaker 1: are coming in, You're not going to see that old 136 00:07:40,880 --> 00:07:44,400 Speaker 1: precincts reported, you know, so you know how many precincts 137 00:07:44,400 --> 00:07:47,840 Speaker 1: have been counted. You're going to see an estimated vote 138 00:07:48,000 --> 00:07:52,160 Speaker 1: projection that will sort of be some sort of mathematical 139 00:07:53,040 --> 00:07:57,040 Speaker 1: prediction of the early vote plus the um plus the 140 00:07:57,080 --> 00:07:59,760 Speaker 1: mail in vote plus the in person voting, and it's 141 00:07:59,760 --> 00:08:02,320 Speaker 1: going to be a very weird night because we're so 142 00:08:02,400 --> 00:08:04,480 Speaker 1: used to saying, well, the early votes come in and 143 00:08:04,520 --> 00:08:06,520 Speaker 1: it's this for Trump and this for Biden. And now 144 00:08:06,560 --> 00:08:09,880 Speaker 1: we've got you know, in Pennsylvania, Philadelphia has come in, 145 00:08:10,200 --> 00:08:12,680 Speaker 1: and now we're waiting for Altoona and Harrisburg and all 146 00:08:12,680 --> 00:08:14,760 Speaker 1: these places. But it's not going to be like that 147 00:08:14,920 --> 00:08:17,680 Speaker 1: this time because of the mail and vote, you know, 148 00:08:17,720 --> 00:08:19,280 Speaker 1: And I always say, I mean, that's such a great point. 149 00:08:19,280 --> 00:08:22,280 Speaker 1: We had a meeting with our David Weston, who's going 150 00:08:22,320 --> 00:08:24,360 Speaker 1: to be leading up our our TV and radio coverage 151 00:08:24,360 --> 00:08:26,600 Speaker 1: for it on election and and just you know, I 152 00:08:26,600 --> 00:08:28,440 Speaker 1: can't stress that enough what you just said. I mean, 153 00:08:28,480 --> 00:08:31,360 Speaker 1: we might not have a result on election night, Alight. 154 00:08:31,360 --> 00:08:32,880 Speaker 1: I got like two minutes left for you, and I 155 00:08:33,000 --> 00:08:36,720 Speaker 1: just got word from our our our team that d 156 00:08:36,840 --> 00:08:38,920 Speaker 1: n C Chairman Tom Perez is going to call in 157 00:08:38,920 --> 00:08:41,240 Speaker 1: in the next hour. What should I ask him, Wendy, 158 00:08:41,240 --> 00:08:44,040 Speaker 1: while I have you on the line, Well, why don't 159 00:08:44,040 --> 00:08:46,040 Speaker 1: you ask him if they think the race is tightening 160 00:08:46,080 --> 00:08:50,080 Speaker 1: and where and what, well, what he predicts the outcome 161 00:08:50,120 --> 00:08:51,360 Speaker 1: to be. I mean, of course he's going to say 162 00:08:51,400 --> 00:08:54,079 Speaker 1: Biden's gonna win. But if Biden carries Texas, that is 163 00:08:54,120 --> 00:08:56,959 Speaker 1: going to be a very very interesting election. It's it's 164 00:08:56,960 --> 00:08:59,000 Speaker 1: gonna be. Yeah. I mean, I don't think the Republicans 165 00:08:59,040 --> 00:09:00,800 Speaker 1: can win. At the talk about a blue wave. It 166 00:09:00,800 --> 00:09:04,000 Speaker 1: would be a blue month soon if the Democrats carry Texas, right, 167 00:09:04,040 --> 00:09:06,440 Speaker 1: But I do. I think Florida is really up in 168 00:09:06,440 --> 00:09:09,360 Speaker 1: the air. Florida, Ohio, North Carolina, those of the states. 169 00:09:09,360 --> 00:09:13,079 Speaker 1: I'm really watching any districts, any any districts that you 170 00:09:13,160 --> 00:09:15,880 Speaker 1: think are fascinating, because I was talking earlier in the 171 00:09:15,880 --> 00:09:19,679 Speaker 1: week about Nevada too, which is where there's an uptick 172 00:09:19,760 --> 00:09:22,559 Speaker 1: in a rural community of COVID nineteen cases and turn 173 00:09:22,640 --> 00:09:24,719 Speaker 1: out in a swing state like Nevada, for example, or 174 00:09:24,760 --> 00:09:26,880 Speaker 1: any swing state where there's a district where there's an 175 00:09:26,920 --> 00:09:30,720 Speaker 1: uptick in cases. As the folks that John Hopkins are are, 176 00:09:31,000 --> 00:09:33,840 Speaker 1: you know, tracking that that could be the weather or 177 00:09:33,840 --> 00:09:36,120 Speaker 1: the traffic patterns that you and I when we were 178 00:09:36,160 --> 00:09:38,920 Speaker 1: studying journalism were told to watch for on election days. 179 00:09:39,200 --> 00:09:41,880 Speaker 1: That's exactly right. The virus cases are in a lot 180 00:09:41,960 --> 00:09:45,679 Speaker 1: of red states now, and that really could satch the outcome, Kevin, 181 00:09:46,040 --> 00:09:49,040 Speaker 1: it really is remarkable. Alright, Wendy Benjaminson. I can't thank 182 00:09:49,080 --> 00:09:52,320 Speaker 1: you enough, my friend Bloomberg Politics editor, for making time 183 00:09:52,360 --> 00:09:55,560 Speaker 1: for me while we are here in Nashville. Uh. Download 184 00:09:55,559 --> 00:09:58,400 Speaker 1: the Bloomberg's Down On podcast on Apple iTunes, at Bloomberg 185 00:09:58,440 --> 00:10:01,400 Speaker 1: dot com, or by downloading the Bloomberg Business app. You 186 00:10:01,440 --> 00:10:05,600 Speaker 1: can also find me on Heart radio app Spotify, as 187 00:10:05,640 --> 00:10:09,000 Speaker 1: well as wherever you get your audio. I'm Kevin SURRELLI 188 00:10:09,520 --> 00:10:13,839 Speaker 1: here in Nashville. We need some Johnny Cash. I walked 189 00:10:13,840 --> 00:10:16,840 Speaker 1: by the Johnny Cash Museum on my run. I'm Kevin Sirelli. 190 00:10:16,840 --> 00:10:25,080 Speaker 1: You're listening to Bloomberg. You're listening to Bloomberg. Sound On 191 00:10:25,240 --> 00:10:29,240 Speaker 1: with Kevin Sirelate on Bloomberg and one oh five point 192 00:10:29,320 --> 00:10:31,640 Speaker 1: seven f M h D two. By the end of 193 00:10:31,640 --> 00:10:33,320 Speaker 1: the show, I promise I'm gonna get us to play 194 00:10:33,400 --> 00:10:36,600 Speaker 1: Johnny Cash. I'm Kevin Sirelli. I'm the chief Washington correspondent 195 00:10:36,640 --> 00:10:41,199 Speaker 1: for Bloomberg Television and for Bloomberg Radio. I'm here in Nashville, Tennessee, 196 00:10:41,280 --> 00:10:47,160 Speaker 1: across the street from the legendary Country Music Hall of Fame. 197 00:10:47,640 --> 00:10:49,840 Speaker 1: I think it's open. I'm gonna try to go to 198 00:10:49,920 --> 00:10:53,240 Speaker 1: it in between my reporting and and between my job 199 00:10:53,960 --> 00:10:56,440 Speaker 1: because I'm a massive country music fan. The first country 200 00:10:56,480 --> 00:10:58,640 Speaker 1: music album I ever bought, I just told David Sucherman 201 00:10:58,679 --> 00:11:01,959 Speaker 1: he didn't know who Keith urban was. I bought Keith 202 00:11:02,000 --> 00:11:04,600 Speaker 1: urban c D called be Here and ever since then, 203 00:11:04,640 --> 00:11:07,880 Speaker 1: I told Senator Blackbird several weeks ago, when I get 204 00:11:07,920 --> 00:11:10,880 Speaker 1: to go to Nashville, my dream in life is to 205 00:11:10,880 --> 00:11:13,960 Speaker 1: meet Keith urban Um because I think he's royalty of 206 00:11:13,960 --> 00:11:18,120 Speaker 1: country music. Anyway, enough about that, we have special continuing 207 00:11:18,240 --> 00:11:24,080 Speaker 1: coverage of the final presidential debate tomorrow night. Cross Platform 208 00:11:24,160 --> 00:11:25,920 Speaker 1: are very own. David Weston is going to be leading 209 00:11:25,920 --> 00:11:29,280 Speaker 1: to charge Rick Davis. You already know, uh you know, 210 00:11:29,520 --> 00:11:34,280 Speaker 1: talk about just masterful, masterful critique and analysis from from 211 00:11:34,360 --> 00:11:36,960 Speaker 1: Rick Davis. I can't stress this enough Stone Corps Capitals 212 00:11:37,280 --> 00:11:40,480 Speaker 1: Rick Davis because he is the former chairman, of course 213 00:11:40,840 --> 00:11:44,960 Speaker 1: of John McCain's presidential campaign. And no one knows Arizona 214 00:11:44,960 --> 00:11:47,880 Speaker 1: politics better than Rick Davis. And Arizona is a swing state. 215 00:11:48,280 --> 00:11:50,920 Speaker 1: I mean it's a swing state. So and Western's from Michigan, 216 00:11:51,000 --> 00:11:53,160 Speaker 1: so you know they've they've definitely got it covered. And 217 00:11:53,200 --> 00:11:55,600 Speaker 1: of course, Jeanie's Ano and the whole crew will be 218 00:11:55,640 --> 00:11:58,040 Speaker 1: there as well. Looking forward to that. So so much 219 00:11:58,280 --> 00:12:01,720 Speaker 1: UM coming up. Tom Perez is going to call in 220 00:12:01,800 --> 00:12:04,160 Speaker 1: the next hour. I'm going to ask him about all 221 00:12:04,200 --> 00:12:06,400 Speaker 1: of this, the tightening of the races. I also have 222 00:12:06,480 --> 00:12:09,720 Speaker 1: a full download for you on the latest talks between 223 00:12:09,800 --> 00:12:16,440 Speaker 1: Speaker Pelosi and UM Secretary Monution. So that's also there's 224 00:12:16,440 --> 00:12:18,959 Speaker 1: some new developments on that. But before we get to 225 00:12:19,000 --> 00:12:20,679 Speaker 1: all of that, let's do a market check. I want 226 00:12:20,679 --> 00:12:23,640 Speaker 1: to bring him Brett Ewing. He is chief market strategist 227 00:12:23,679 --> 00:12:27,640 Speaker 1: of First Franklin Financial Services. Hey, Brett, thanks so much 228 00:12:27,880 --> 00:12:32,280 Speaker 1: for for calling inform me what happened to the markets today? Yeah, 229 00:12:32,320 --> 00:12:36,080 Speaker 1: I just think it's another fiscal stimulus failure day. You know. 230 00:12:36,200 --> 00:12:39,199 Speaker 1: The markets, you know, wanted to have some upside and 231 00:12:39,640 --> 00:12:42,560 Speaker 1: some lift and just you know, the talks are just 232 00:12:42,760 --> 00:12:45,880 Speaker 1: continuously you know, an anti plose he came out earlier 233 00:12:45,960 --> 00:12:49,040 Speaker 1: day and I said it wasn't positive, And I think 234 00:12:49,040 --> 00:12:51,800 Speaker 1: that just markets you just fell off. There's no bid 235 00:12:51,800 --> 00:12:55,480 Speaker 1: there for today, precisely precisely, and I'm gonna dive into 236 00:12:55,520 --> 00:12:57,920 Speaker 1: my terminal terminal now where Sarah pons check and Casey 237 00:12:57,960 --> 00:13:02,360 Speaker 1: Wagner report that US stocks and a volatile sessions slightly 238 00:13:02,440 --> 00:13:05,600 Speaker 1: lower as the White House and Democrats neared an AID 239 00:13:05,720 --> 00:13:10,640 Speaker 1: deal but signaled it's unlikely to become law before the election. 240 00:13:11,080 --> 00:13:14,480 Speaker 1: Treasury yields climbed and the dollar retreated. The SMP five 241 00:13:14,920 --> 00:13:18,439 Speaker 1: index closed lower after an up and down session that 242 00:13:18,520 --> 00:13:22,520 Speaker 1: saw the index whipsald By takes on the progress toward 243 00:13:22,640 --> 00:13:25,800 Speaker 1: a deal. How Speaker Nancy Pelosi continued those talks with 244 00:13:25,880 --> 00:13:28,959 Speaker 1: the White House representatives, even as the odds remained long 245 00:13:29,280 --> 00:13:32,160 Speaker 1: for a deal that could pass in the Senate, small 246 00:13:32,240 --> 00:13:36,800 Speaker 1: caps lagged behind. I find this really interesting, Brett. How 247 00:13:37,800 --> 00:13:44,240 Speaker 1: what is still still driving investors? Are the stimulus talks? 248 00:13:44,280 --> 00:13:49,240 Speaker 1: That's the driving driving currents up on the street, even 249 00:13:49,280 --> 00:13:52,679 Speaker 1: as your your less than two weeks away from elections 250 00:13:52,720 --> 00:13:56,400 Speaker 1: and everything going on around the world. Uh, it's it's 251 00:13:56,400 --> 00:13:59,079 Speaker 1: the stimulus talks that that have the market's attention more 252 00:13:59,080 --> 00:14:04,480 Speaker 1: than anything else. Why is that, Brett? Well, Uh, first off, 253 00:14:04,480 --> 00:14:09,800 Speaker 1: they're badly needed out there. We have a decimated entertainment industry, 254 00:14:10,520 --> 00:14:13,360 Speaker 1: service sector industry. That is, there's a lot of people 255 00:14:13,400 --> 00:14:17,280 Speaker 1: out there suffering. We're at seven unemployment in this country 256 00:14:17,440 --> 00:14:21,960 Speaker 1: and it's because we forced that situation upon ourselves. Um 257 00:14:22,080 --> 00:14:24,680 Speaker 1: so these people need help. I mean, it's been showing 258 00:14:24,760 --> 00:14:27,280 Speaker 1: up here recently in the four week moving average. That's 259 00:14:27,280 --> 00:14:30,080 Speaker 1: what we kind of look at as a monitor, because 260 00:14:30,120 --> 00:14:31,800 Speaker 1: the jobless claims are kind of like they're coming out 261 00:14:31,840 --> 00:14:33,920 Speaker 1: in the morning. We'll see. But in the last two 262 00:14:33,960 --> 00:14:36,680 Speaker 1: weeks that the four week moving average has ticked up 263 00:14:36,720 --> 00:14:39,400 Speaker 1: here a little, so that is of a little concern. 264 00:14:39,960 --> 00:14:43,920 Speaker 1: It is. It is quite quite remarkable. And actually I 265 00:14:44,000 --> 00:14:47,280 Speaker 1: am told that we have a sound bite from Senate 266 00:14:47,320 --> 00:14:51,800 Speaker 1: Minority Leader Chuck Schumer Senate Minority Leader Chuck Schumer discussing 267 00:14:52,480 --> 00:14:56,360 Speaker 1: the GOP coronavirus relief bill that failed in the Senate today. 268 00:14:56,680 --> 00:15:00,360 Speaker 1: He was speaking earlier on the Senate floor before vote. 269 00:15:00,400 --> 00:15:05,480 Speaker 1: This is senatement already, Leader Chuck Schumer. Here here he is, well, 270 00:15:05,560 --> 00:15:10,240 Speaker 1: workers lose their jobs, businesses closed their doors. Republican senators 271 00:15:10,280 --> 00:15:15,720 Speaker 1: are playing political stunts with vitally needed economic relief. And 272 00:15:15,760 --> 00:15:18,800 Speaker 1: he went on to talk more about just whether or 273 00:15:18,840 --> 00:15:21,280 Speaker 1: not he believed that the package was doomed to take 274 00:15:21,280 --> 00:15:27,080 Speaker 1: a lesson bill designed to fail their partisan emaciated COVID 275 00:15:27,160 --> 00:15:30,840 Speaker 1: relief build so called COVID relief build. So I think, 276 00:15:30,960 --> 00:15:34,360 Speaker 1: right there, Brett, youing of first of joining us on 277 00:15:34,400 --> 00:15:37,000 Speaker 1: the line. I think, right there, Brett, what you have 278 00:15:37,400 --> 00:15:40,960 Speaker 1: is some more of the partisans ship coming from Minority 279 00:15:41,080 --> 00:15:43,240 Speaker 1: Leader Schumer. And now I want to play for you 280 00:15:43,280 --> 00:15:46,160 Speaker 1: what the majority leader had to say. Here's Mitch McConnell 281 00:15:46,600 --> 00:15:50,600 Speaker 1: talking on the Senate floor before this largely symbolic vote. 282 00:15:50,800 --> 00:15:56,240 Speaker 1: But here he is five hundred billion dollars is paltry 283 00:15:56,360 --> 00:16:02,280 Speaker 1: or meager or emaciated a half a trillion dollars. And 284 00:16:02,320 --> 00:16:04,600 Speaker 1: then he went on to say that even as the 285 00:16:04,720 --> 00:16:08,360 Speaker 1: Senate had voted down a Republican COVID relief bill along 286 00:16:08,440 --> 00:16:12,360 Speaker 1: party lines, he went on to say, well, take a listen, 287 00:16:13,080 --> 00:16:15,920 Speaker 1: during this historic crisis, the Democratic leaders have elected to 288 00:16:16,000 --> 00:16:19,720 Speaker 1: dena struggling people to help they need less. President Trump 289 00:16:19,760 --> 00:16:23,760 Speaker 1: signs the entire Democratic Party platform and the law. He's 290 00:16:23,760 --> 00:16:27,080 Speaker 1: calling it the entire Democratic Party platform and so law. 291 00:16:27,800 --> 00:16:30,680 Speaker 1: I'm fascinated by this because when i've i've been talking 292 00:16:30,680 --> 00:16:34,160 Speaker 1: with Republicans Bread, there are many many, not just rank 293 00:16:34,200 --> 00:16:36,600 Speaker 1: and file members who agree with Leader McConnell, who think 294 00:16:36,640 --> 00:16:38,680 Speaker 1: that this is just way too much money to be 295 00:16:38,760 --> 00:16:42,000 Speaker 1: spending right now, and that Democrats are overreaching even though 296 00:16:42,040 --> 00:16:44,240 Speaker 1: they might have leverage in the halls of Congress, but 297 00:16:44,320 --> 00:16:49,200 Speaker 1: they don't have it across the country. Yeah. I mean, look, 298 00:16:49,880 --> 00:16:52,680 Speaker 1: both sides are planned politics. I mean, this bill should 299 00:16:52,680 --> 00:16:56,400 Speaker 1: have been passed in August, Okay, And I think that 300 00:16:56,440 --> 00:17:01,000 Speaker 1: there um the way I look at it. I think that, uh, 301 00:17:01,120 --> 00:17:04,800 Speaker 1: the Republicans have been trying to negotiate and and get 302 00:17:04,840 --> 00:17:09,160 Speaker 1: their their level up, which they have moved up quite substantially. 303 00:17:09,880 --> 00:17:11,960 Speaker 1: But I think the real issue is on the on 304 00:17:12,080 --> 00:17:14,520 Speaker 1: the dollars going to the state. I don't think that 305 00:17:15,200 --> 00:17:19,800 Speaker 1: they feel that, you know, unless it's related to COVID directly, 306 00:17:20,160 --> 00:17:22,320 Speaker 1: they don't want to put it in the biddle. But 307 00:17:23,119 --> 00:17:26,920 Speaker 1: sadly enough, that's politics. And but there's real people out 308 00:17:26,960 --> 00:17:29,240 Speaker 1: there that they don't really care about politics. What they 309 00:17:29,240 --> 00:17:32,640 Speaker 1: need is help, and this economy needs some fiscal stimulus. 310 00:17:32,680 --> 00:17:36,520 Speaker 1: The Federal Reserve has done essentially everything that it really 311 00:17:36,560 --> 00:17:40,200 Speaker 1: can do at this point. We think they're they have 312 00:17:40,320 --> 00:17:43,600 Speaker 1: done a phenomenal job, and they've keep they've been hinting 313 00:17:43,720 --> 00:17:47,560 Speaker 1: for the last sixty days that listen, a fiscal package 314 00:17:47,600 --> 00:17:51,560 Speaker 1: needs to get through and it does absolutely, absolutely, and 315 00:17:51,560 --> 00:17:53,720 Speaker 1: and then now it's you know, let's take a listen 316 00:17:53,760 --> 00:17:55,800 Speaker 1: to Mark Metters, is the President's chief of staff, and 317 00:17:55,840 --> 00:17:59,280 Speaker 1: what he had to say, just as these continuing negotiations 318 00:17:59,320 --> 00:18:02,080 Speaker 1: go on. Here's Mark at us. There was no warning 319 00:18:02,280 --> 00:18:05,680 Speaker 1: from a Leader McConnell. Actually, my conversations with the leader 320 00:18:06,040 --> 00:18:10,119 Speaker 1: have been uh, very robust and and continue on to 321 00:18:10,320 --> 00:18:14,359 Speaker 1: this uh you know, to this date where we're looking 322 00:18:14,400 --> 00:18:17,480 Speaker 1: at at the options. So right there, I mean, he's 323 00:18:17,520 --> 00:18:21,679 Speaker 1: saying it. It's fascinating especially I mean not just as 324 00:18:21,680 --> 00:18:26,080 Speaker 1: a reporter, but it's fascinating to watch this triangulation return 325 00:18:26,600 --> 00:18:30,439 Speaker 1: between Speaker Pelosi, the White House and Leader McConnell and 326 00:18:30,480 --> 00:18:34,199 Speaker 1: the orbit around them. And it sounds like Speaker Pelosi 327 00:18:34,359 --> 00:18:37,600 Speaker 1: is having a better time negotiating with the White House 328 00:18:37,640 --> 00:18:41,760 Speaker 1: that she is with her with with with Leader McConnell 329 00:18:41,800 --> 00:18:45,399 Speaker 1: in the Senate. That is fascinating. And the gamble that 330 00:18:45,480 --> 00:18:48,959 Speaker 1: Speaker Pelosi is making is that Democrats take the Senate 331 00:18:49,359 --> 00:18:52,760 Speaker 1: uh after the election, because if they do, then all 332 00:18:52,800 --> 00:18:55,600 Speaker 1: bets are off. Then she can just head into into 333 00:18:55,680 --> 00:18:59,159 Speaker 1: January and say, hey, we got a super majority, we 334 00:18:59,200 --> 00:19:00,840 Speaker 1: can spend a lot more money, we have a we 335 00:19:00,880 --> 00:19:04,320 Speaker 1: have a mandate from from the people. All right, my 336 00:19:04,480 --> 00:19:07,159 Speaker 1: many thanks to Brett Ewing. Hey, Brett, thanks so much 337 00:19:07,200 --> 00:19:10,200 Speaker 1: for coming on. Brett, Youwing just to give us a 338 00:19:10,280 --> 00:19:13,639 Speaker 1: rundown of what had happened today in the markets. He 339 00:19:13,800 --> 00:19:18,040 Speaker 1: of course, is the UH Chief market strategist of First 340 00:19:18,080 --> 00:19:21,520 Speaker 1: Franklin Financial Services. He is the chief market strategist the 341 00:19:21,600 --> 00:19:24,600 Speaker 1: First Franklin Financial Services. Coming up the panel joins me 342 00:19:24,720 --> 00:19:27,800 Speaker 1: Joel Paine, Alex Vogel and Chairman of the Democratic Party 343 00:19:28,280 --> 00:19:31,600 Speaker 1: Tom Perez. I'm Kevin Cirelli, Chief Washington Corresponded fro Bloomberg 344 00:19:31,640 --> 00:19:35,080 Speaker 1: Television and from Bloomberg Radio Live from Nashville. You're listening 345 00:19:35,119 --> 00:19:57,119 Speaker 1: to Bloomberg. Why how do we reopen this economy? The 346 00:19:57,200 --> 00:20:00,440 Speaker 1: latest on how this pandemic is impacting farmer? What does 347 00:20:00,520 --> 00:20:04,080 Speaker 1: this do for the United States relationship with China? Floomberg 348 00:20:04,280 --> 00:20:08,920 Speaker 1: Sound on the insiders, the influencers, the inside. We're responding 349 00:20:08,920 --> 00:20:12,359 Speaker 1: to this crisis and manufacturers are stepping up like never before. 350 00:20:12,520 --> 00:20:15,600 Speaker 1: We're looking at seventy candidates for different vaccines. How do 351 00:20:15,640 --> 00:20:19,000 Speaker 1: we make sure a pandemic of this scale never happens again? 352 00:20:19,280 --> 00:20:22,920 Speaker 1: This is Bloomberg Sound On with Kevin sur Relate on 353 00:20:23,119 --> 00:20:26,680 Speaker 1: Bloomberg one and one oh five point seven f m 354 00:20:26,800 --> 00:20:30,080 Speaker 1: h D two packed by bags and headed to Nashville. 355 00:20:30,160 --> 00:20:34,240 Speaker 1: I'm here for the final presidential Debate, live from across 356 00:20:34,320 --> 00:20:38,160 Speaker 1: the street of the American Country Music Hall of Fame. 357 00:20:38,760 --> 00:20:41,600 Speaker 1: And they're inching closer to talks back home, I leave. 358 00:20:41,600 --> 00:20:45,480 Speaker 1: I guess it's good luck. Speaker Pelosi and Secretary Monutions 359 00:20:45,480 --> 00:20:47,840 Speaker 1: say that they're inching closer to a deal this as 360 00:20:47,880 --> 00:20:51,679 Speaker 1: that Senate deal failed, The largely symbolic Senate deal failed 361 00:20:51,680 --> 00:20:54,719 Speaker 1: today in the Senate. So we've got a complete analysis 362 00:20:54,760 --> 00:20:58,439 Speaker 1: and coming up this hour, folks. Democratic Chairman of the 363 00:20:58,480 --> 00:21:02,440 Speaker 1: Democratic National Committee, Tom Perez, he calls in. He's gonna 364 00:21:02,480 --> 00:21:07,320 Speaker 1: give us a lay of land. I'm here live in Nashville, Tennessee, 365 00:21:07,400 --> 00:21:11,320 Speaker 1: across the street from the American Country Music Hall of Fame. 366 00:21:12,119 --> 00:21:13,879 Speaker 1: Now I'm not here to put on my cowbo boots. 367 00:21:13,880 --> 00:21:18,280 Speaker 1: I'm here to put to here to cover the third debate, 368 00:21:18,600 --> 00:21:22,240 Speaker 1: the second presidential debate, the final presidential debate. We didn't 369 00:21:22,240 --> 00:21:24,760 Speaker 1: know if it was gonna happen. You know, we didn't 370 00:21:24,760 --> 00:21:29,840 Speaker 1: know both get Paynes trading jib jabs, threats of whether 371 00:21:29,840 --> 00:21:32,480 Speaker 1: they're gonna be a no show or not, but they 372 00:21:32,880 --> 00:21:35,240 Speaker 1: you know what's on. It's on, and we're gonna cover 373 00:21:35,280 --> 00:21:37,639 Speaker 1: it and you can watch it, stream it, listen to 374 00:21:37,680 --> 00:21:40,760 Speaker 1: it UH tomorrow night and our special coverage. Let it 375 00:21:40,800 --> 00:21:45,000 Speaker 1: a course by the David Weston UH and it's gonna 376 00:21:45,000 --> 00:21:47,800 Speaker 1: be great. We've got some great guests UH throughout the 377 00:21:47,840 --> 00:21:50,080 Speaker 1: next day and a half. All right, so let's set 378 00:21:50,080 --> 00:21:51,960 Speaker 1: it up. Let's get let's get the lay of the land, 379 00:21:52,000 --> 00:21:54,159 Speaker 1: because there was a lot happening back in Washington, d C. 380 00:21:54,720 --> 00:21:57,959 Speaker 1: That I want to get to as well with our panel. 381 00:21:58,119 --> 00:22:02,040 Speaker 1: Joel Payne return See, of course, is a prominent democratic 382 00:22:02,520 --> 00:22:05,840 Speaker 1: strategist and a former director of African American Media Outreach 383 00:22:05,880 --> 00:22:09,840 Speaker 1: for Hillary Clinton's presidential campaign. An Alex Vogel, CEO of 384 00:22:09,920 --> 00:22:13,200 Speaker 1: the Vocal Group, former Chief council for Setimate Set A 385 00:22:13,240 --> 00:22:17,560 Speaker 1: Majority Leader Bill Frist and Republican from Tennessee, and the 386 00:22:17,640 --> 00:22:21,360 Speaker 1: former NRSC General Council. Alright, Alex, I'm in your neck 387 00:22:21,400 --> 00:22:23,240 Speaker 1: in the woods of your old boss, I guess. So 388 00:22:23,280 --> 00:22:25,919 Speaker 1: I'll start with you. Is this race tightening or no? 389 00:22:27,440 --> 00:22:31,480 Speaker 1: It is um in particular, you look at those battleground numbers, 390 00:22:31,560 --> 00:22:35,240 Speaker 1: which is obviously where this race is going. To be decided. Um, 391 00:22:35,320 --> 00:22:38,200 Speaker 1: the president's actually running ahead in the battlegrounds of where 392 00:22:38,200 --> 00:22:41,000 Speaker 1: he was four years ago. Um. Yes, it's a different race, 393 00:22:41,080 --> 00:22:44,199 Speaker 1: but the charge do look erily familiar in some of 394 00:22:44,240 --> 00:22:46,679 Speaker 1: these places, uh, in a way that I know is 395 00:22:46,760 --> 00:22:52,600 Speaker 1: causing a consternation. But there's a bunch of tight races. Um, 396 00:22:52,920 --> 00:22:57,040 Speaker 1: not to mention the Senate overlay, Uh, and I think 397 00:22:57,119 --> 00:23:00,399 Speaker 1: some tightening is natural whether that continues while tell the 398 00:23:00,400 --> 00:23:03,160 Speaker 1: tale for the next week or so. Let me follow 399 00:23:03,200 --> 00:23:06,800 Speaker 1: up with you, Alex specifically, you said there the president 400 00:23:06,920 --> 00:23:10,840 Speaker 1: is outperforming two two thousand and sixteen levels at certain states. 401 00:23:10,840 --> 00:23:16,120 Speaker 1: Can you elaborate on that? Yeah, when you overlay on 402 00:23:16,160 --> 00:23:21,040 Speaker 1: this date where the president is versus uh, where he 403 00:23:21,280 --> 00:23:26,960 Speaker 1: was versus Secretary Clinton, Uh, four years ago, with thirteen 404 00:23:27,040 --> 00:23:31,440 Speaker 1: days left, Uh, Secretary Clinton had a real clear politics 405 00:23:31,480 --> 00:23:35,280 Speaker 1: average of plus four point one in the battleground that's 406 00:23:35,359 --> 00:23:40,439 Speaker 1: now uh three point nine percent for Biden. Um. So again, 407 00:23:40,960 --> 00:23:45,880 Speaker 1: very different races, um, but eerily similar in that regard. 408 00:23:46,359 --> 00:23:48,760 Speaker 1: And even so, it feels like this race could flip 409 00:23:48,800 --> 00:23:51,399 Speaker 1: on a time, Joel, when you've got Joe Biden and 410 00:23:51,440 --> 00:23:57,399 Speaker 1: striking distance in Texas. Yeah, and I'm not sure, I'll appreciate. 411 00:23:57,520 --> 00:23:59,399 Speaker 1: I think I agree with part of what Alex is 412 00:23:59,440 --> 00:24:02,360 Speaker 1: saying here. In terms of the natural tightening, I agree. 413 00:24:02,400 --> 00:24:05,240 Speaker 1: I think there is pluck gets, people are paying more attention. 414 00:24:05,320 --> 00:24:07,119 Speaker 1: We're coming down the stretch. There is gonna be a 415 00:24:07,200 --> 00:24:10,080 Speaker 1: natural tightening. I do think these are very different races 416 00:24:10,240 --> 00:24:15,000 Speaker 1: thinking about versus UM, I get nervous about kind of 417 00:24:15,080 --> 00:24:18,360 Speaker 1: merging all those battleground states together. The states look very 418 00:24:18,400 --> 00:24:21,840 Speaker 1: different now and the lay of the land is different. 419 00:24:22,000 --> 00:24:24,639 Speaker 1: Hillary Clinton's famously, and I worked on Hillary Clinton's campaign 420 00:24:24,640 --> 00:24:27,720 Speaker 1: in twenty sixteen. We didn't pay as much PLC to 421 00:24:27,960 --> 00:24:31,240 Speaker 1: places like Wisconsin and Michigan down the stretch. The Biden 422 00:24:31,280 --> 00:24:34,520 Speaker 1: campaign is very heavily invested there, um, and I think 423 00:24:34,520 --> 00:24:36,639 Speaker 1: he is if you just look at those state pholes, 424 00:24:36,640 --> 00:24:39,640 Speaker 1: I think he's doing better. But regardless, also, the campaigns 425 00:24:39,640 --> 00:24:41,880 Speaker 1: are gonna run through the tape and there is no 426 00:24:42,000 --> 00:24:45,480 Speaker 1: let up from the Democratic effort. I do think that's 427 00:24:45,480 --> 00:24:47,320 Speaker 1: something that is a factor here is if you look 428 00:24:47,359 --> 00:24:51,520 Speaker 1: down ballot at these races, UM, Republicans who running from 429 00:24:51,520 --> 00:24:54,720 Speaker 1: the president. Um. You think about Martha McSally and Arizona. 430 00:24:54,960 --> 00:24:57,520 Speaker 1: I mean, she pretty much divorced herself from Donald Trump 431 00:24:57,520 --> 00:24:59,879 Speaker 1: in that last debate. UM. You look at Susan Collins 432 00:25:00,000 --> 00:25:03,080 Speaker 1: obviously in main she's always had a problem with Trump. UM. 433 00:25:03,160 --> 00:25:07,919 Speaker 1: Even go to John Cornin in Texas, Ben sass in Nebraska. 434 00:25:08,240 --> 00:25:10,280 Speaker 1: These folks are running as far away from Donald Trump 435 00:25:10,359 --> 00:25:12,439 Speaker 1: as they can right now, which tells you everything you 436 00:25:12,440 --> 00:25:13,919 Speaker 1: need to know about the state of the race in 437 00:25:14,000 --> 00:25:16,000 Speaker 1: terms of whether or not the president is a help 438 00:25:16,200 --> 00:25:18,000 Speaker 1: and whether or not the president is as strong as 439 00:25:18,040 --> 00:25:20,960 Speaker 1: the strongest strong now as he was four years ago. 440 00:25:21,160 --> 00:25:23,240 Speaker 1: Joel paints with us, Alex vocals with us. I'm so 441 00:25:23,280 --> 00:25:26,240 Speaker 1: grateful because both of them have such smart analysis, and 442 00:25:26,240 --> 00:25:28,840 Speaker 1: when they contrast each other, they do it in a 443 00:25:28,880 --> 00:25:31,400 Speaker 1: way where you could actually understand. So, Alex, I want 444 00:25:31,400 --> 00:25:34,159 Speaker 1: to get you to to not not necessarily respond to it, 445 00:25:34,359 --> 00:25:39,359 Speaker 1: but to engage a little bit with what Joel just articulated. Yeah, 446 00:25:39,400 --> 00:25:42,160 Speaker 1: I mean one of the biggest challenges in looking at 447 00:25:42,160 --> 00:25:45,320 Speaker 1: this race and and why you know, I frankly cut 448 00:25:45,359 --> 00:25:51,800 Speaker 1: the posters, uh some flak. UM, given the disruption that 449 00:25:51,880 --> 00:25:58,280 Speaker 1: have happened just in UM, I think it's really hard 450 00:25:58,680 --> 00:26:04,040 Speaker 1: to overlay tradition, old thinking around voter turnout onto that. UM. 451 00:26:05,200 --> 00:26:09,040 Speaker 1: If the polsters um somehow managed to nail this or 452 00:26:09,080 --> 00:26:13,959 Speaker 1: frankly even get within two points. UM. I think they 453 00:26:13,960 --> 00:26:17,200 Speaker 1: should all be commended. UM. A lot has been made 454 00:26:17,400 --> 00:26:21,520 Speaker 1: about the changes and assumption uh that they made coming 455 00:26:21,520 --> 00:26:25,000 Speaker 1: out of sixteen. When you overlay on top of that 456 00:26:25,720 --> 00:26:30,560 Speaker 1: the dislocations related to COVID, as well as the real 457 00:26:30,720 --> 00:26:35,119 Speaker 1: changes in not just voter behavior but campaign behavior. You 458 00:26:35,200 --> 00:26:38,879 Speaker 1: have the Biden campaign making it very aggressive and seems 459 00:26:38,920 --> 00:26:41,840 Speaker 1: to be a successful push to get their folks to 460 00:26:42,000 --> 00:26:45,679 Speaker 1: vote early um uh and a lot of emphasis on 461 00:26:45,800 --> 00:26:49,359 Speaker 1: that um. But at the same time, the traditional ground 462 00:26:49,400 --> 00:26:53,640 Speaker 1: game was shut down. UH. No one knows what that 463 00:26:53,800 --> 00:27:00,440 Speaker 1: does to voter intensity UH and people going from uh 464 00:27:00,600 --> 00:27:04,520 Speaker 1: likely voters to actual voters. So I think it's really 465 00:27:04,600 --> 00:27:08,520 Speaker 1: challenging to try and understand that through the normal lend 466 00:27:08,880 --> 00:27:11,480 Speaker 1: of It's a different race because the president has been 467 00:27:11,520 --> 00:27:14,760 Speaker 1: an incumbent for four years, which would already be a 468 00:27:14,800 --> 00:27:17,440 Speaker 1: different dynamic. You know. I think pollsters had a rough 469 00:27:17,480 --> 00:27:19,840 Speaker 1: cycle in two thousand and sixteen. I would venture to 470 00:27:20,200 --> 00:27:23,919 Speaker 1: say maybe exit polling has a rough cycle disco around, 471 00:27:23,920 --> 00:27:25,720 Speaker 1: just simply because of all the mail and ballots and 472 00:27:25,760 --> 00:27:31,680 Speaker 1: how disproportionate that might be uh in different stage, Jo Pain. Yeah. Look, 473 00:27:31,760 --> 00:27:34,280 Speaker 1: I know that the pollsters have been much maligned for 474 00:27:34,400 --> 00:27:37,200 Speaker 1: what happened in I'll tell you if you actually look 475 00:27:37,240 --> 00:27:39,920 Speaker 1: at the polls that the national ones and a good 476 00:27:40,000 --> 00:27:42,600 Speaker 1: majority of the statements, they really weren't that far off. 477 00:27:42,600 --> 00:27:45,439 Speaker 1: They were within the margin of era. But look, I'm 478 00:27:45,480 --> 00:27:48,000 Speaker 1: not here to um defend. I'm not I'm not here 479 00:27:48,000 --> 00:27:51,040 Speaker 1: to you know, play lawyer for a bunch of polsters. 480 00:27:51,160 --> 00:27:53,320 Speaker 1: I think they do pretty well for themselves. But I 481 00:27:53,359 --> 00:27:56,679 Speaker 1: think the bottom I don't believe. I don't believe the 482 00:27:56,760 --> 00:28:00,040 Speaker 1: fundamentals of this race have really shifted much. Really, and 483 00:28:00,160 --> 00:28:02,520 Speaker 1: you go back to like right before the convention, I 484 00:28:02,520 --> 00:28:05,720 Speaker 1: think it's been a Joe Biden favored race obviously nationally. 485 00:28:05,960 --> 00:28:07,679 Speaker 1: I think most people have spect from Biden to do 486 00:28:08,000 --> 00:28:10,959 Speaker 1: well with the popular vote nationally, which doesn't mean anything 487 00:28:11,000 --> 00:28:13,679 Speaker 1: in terms of the final um turnout, but I do 488 00:28:13,760 --> 00:28:16,960 Speaker 1: think it indicates kind of the energy and enthusiasm meter. 489 00:28:17,080 --> 00:28:19,080 Speaker 1: If Joe Biden is looking at an eight to ten 490 00:28:19,160 --> 00:28:21,760 Speaker 1: point popular vote victory, which is what the polls would 491 00:28:21,760 --> 00:28:24,280 Speaker 1: indicate right now, that would suggest to you that he's 492 00:28:24,320 --> 00:28:26,080 Speaker 1: going to be able to drag across the finish line 493 00:28:26,240 --> 00:28:29,200 Speaker 1: in places like North Carolina, in places like Michigan, Pennsylvania, 494 00:28:29,480 --> 00:28:32,199 Speaker 1: that big number is probably gonna drag him across. And 495 00:28:32,560 --> 00:28:36,360 Speaker 1: that big early vote number in Georgia and Texas, etcetera. 496 00:28:36,440 --> 00:28:39,080 Speaker 1: South Carolina, that's gonna help Biden as well. It's gonna 497 00:28:39,120 --> 00:28:42,120 Speaker 1: be fascinating in a course, Former President Barack Obama campaigning 498 00:28:42,120 --> 00:28:45,880 Speaker 1: for Joe Biden in Philadelphia earlier today. Much more coming 499 00:28:45,920 --> 00:28:48,640 Speaker 1: up next top Kevin's a really live from Nashville. You're 500 00:28:48,680 --> 00:29:02,640 Speaker 1: listening to Bloomberg One. This is Bloomberg Sound On with 501 00:29:02,720 --> 00:29:07,160 Speaker 1: Kevin Surrel on Bloomberg and one oh five point seven 502 00:29:07,240 --> 00:29:10,400 Speaker 1: f m h D two. I'm Kevin Sireli, Chief Washington 503 00:29:10,400 --> 00:29:14,560 Speaker 1: correspondent to Bloomberg Television and for Bloomberg Radio. All Star Panel. 504 00:29:14,640 --> 00:29:17,000 Speaker 1: Coming up, we got d n C Chairman Tom Perez, 505 00:29:17,200 --> 00:29:20,320 Speaker 1: Joel Paints with me, Democratic strategist Alex Vogel, CEO of 506 00:29:20,360 --> 00:29:23,520 Speaker 1: the Vocal Group, and a course of Republican insider, former 507 00:29:23,560 --> 00:29:27,280 Speaker 1: Chief Council for Senate Majority Leader Bill Frist Stimulus Talk. 508 00:29:27,400 --> 00:29:31,800 Speaker 1: Senate Majority Leader Mitch McConnell speaking on the Senate floor today, 509 00:29:31,840 --> 00:29:35,960 Speaker 1: shortly before a vote failed on the five hundred plus 510 00:29:36,040 --> 00:29:40,440 Speaker 1: billion dollars stimulus that Senate Republicans and Leader McConnell had 511 00:29:40,440 --> 00:29:43,800 Speaker 1: been hoping for a largely symbolic measure, even as Speaker 512 00:29:43,800 --> 00:29:47,480 Speaker 1: Pelosi continues negotiations with the White House. Take a listen 513 00:29:47,520 --> 00:29:51,640 Speaker 1: to Leader McConnell speaking on the Senate floor earlier today. 514 00:29:51,640 --> 00:29:57,880 Speaker 1: Five hundred billion dollars paltry or meager or emafiated a 515 00:29:57,960 --> 00:30:03,520 Speaker 1: half a trillion dollar me That was Leader McConnell responding 516 00:30:03,560 --> 00:30:09,440 Speaker 1: to criticism that the measure of which Republicans voted on 517 00:30:10,080 --> 00:30:13,440 Speaker 1: was not significant enough. Meanwhile, Mark Meadows, the President's chief 518 00:30:13,440 --> 00:30:16,760 Speaker 1: of staff, speaking to reporters at the White House about 519 00:30:16,880 --> 00:30:22,280 Speaker 1: ongoing continuations and discussions with Speaker Pelosi. Take a listen 520 00:30:22,320 --> 00:30:25,280 Speaker 1: to the President's chief of staff. There was no warning 521 00:30:25,440 --> 00:30:28,840 Speaker 1: from a Leader McConnell. Actually, my conversations with the Leader 522 00:30:29,240 --> 00:30:34,320 Speaker 1: have been very robust and and continue on to this, uh, 523 00:30:34,600 --> 00:30:38,000 Speaker 1: you know, to this date where we're looking at at 524 00:30:38,040 --> 00:30:41,760 Speaker 1: the options Ken Vogel, it sounds like there's a disconnect 525 00:30:41,880 --> 00:30:50,040 Speaker 1: or is this strategicy by design? So uh, with apologies 526 00:30:50,080 --> 00:30:53,600 Speaker 1: to Ken Vogel, I did it again. I did it again, 527 00:30:53,760 --> 00:30:59,640 Speaker 1: and I apologize. I apologize apologize, Alex Vogel CEO, No, 528 00:30:59,640 --> 00:31:04,280 Speaker 1: no apology needed. UM. Apologies to Ken. I get yelled 529 00:31:04,320 --> 00:31:07,640 Speaker 1: at for his bylines all the time, so it's good 530 00:31:07,680 --> 00:31:09,760 Speaker 1: that that he gets a hard time for me once 531 00:31:09,800 --> 00:31:15,640 Speaker 1: in a while. UM. I do not think, um, that 532 00:31:16,200 --> 00:31:20,440 Speaker 1: we're likely uh to see the passage of the package 533 00:31:20,520 --> 00:31:24,760 Speaker 1: before the election. UM. I think after the President's comments 534 00:31:24,800 --> 00:31:30,160 Speaker 1: about calling off negotiations, uh, when when the response to 535 00:31:30,200 --> 00:31:33,120 Speaker 1: that was pretty negative, UM, I think a lot of 536 00:31:33,160 --> 00:31:36,880 Speaker 1: people uh decided to shift a little bit uh to 537 00:31:37,080 --> 00:31:39,760 Speaker 1: make it clear uh that that they are at least 538 00:31:39,840 --> 00:31:44,520 Speaker 1: talking um until all sides believe it is in their 539 00:31:44,560 --> 00:31:48,200 Speaker 1: political best interest to do something. UM. I think there 540 00:31:48,200 --> 00:31:51,280 Speaker 1: are a number of Democrats and Speaker Pelosi maybe in 541 00:31:51,360 --> 00:31:56,360 Speaker 1: this camp who think it is more advantageous for Republicans 542 00:31:56,600 --> 00:31:59,680 Speaker 1: to be able to pass something at this point. Um. Uh. 543 00:31:59,680 --> 00:32:01,920 Speaker 1: And and so I you know, while I expect the 544 00:32:01,960 --> 00:32:06,880 Speaker 1: conversations to continue when you look at Leader McConnell's comment, 545 00:32:07,960 --> 00:32:11,360 Speaker 1: who did not clear to me that everyone really wants 546 00:32:11,400 --> 00:32:14,520 Speaker 1: to get a deal done pre election, And of course, 547 00:32:14,720 --> 00:32:17,920 Speaker 1: uh the President's topic and offic advisor Larry Cudlow saying 548 00:32:18,280 --> 00:32:21,200 Speaker 1: that lame Duck deal is still very much on the table. 549 00:32:21,240 --> 00:32:24,960 Speaker 1: But who's gonna add the political leverage? No buddy knows. Meanwhile, 550 00:32:25,040 --> 00:32:28,080 Speaker 1: headlines flying Fast and Furious, switching gears now to another 551 00:32:28,520 --> 00:32:32,520 Speaker 1: developing story, Fast and Furious on the Bloomberg terminal. Laura 552 00:32:32,560 --> 00:32:36,520 Speaker 1: Liffin reports that Democrats on the Senate Judiciary Committee Joel Paine, 553 00:32:36,520 --> 00:32:40,440 Speaker 1: will boycott Thursday's vote to advance Amy Coney Barrett's Supreme 554 00:32:40,440 --> 00:32:43,640 Speaker 1: Court nomination to the full Senate. This according to a 555 00:32:43,760 --> 00:32:47,520 Speaker 1: Democratic aid, the move will not prevent Republicans, who have 556 00:32:47,560 --> 00:32:51,080 Speaker 1: a twelve ten majority on the panel, from moving ahead, 557 00:32:51,440 --> 00:32:54,480 Speaker 1: but it highlights the intense part is in division in 558 00:32:54,520 --> 00:32:57,960 Speaker 1: the Senate over Barrett's nomination. Now, the Vice President Mike 559 00:32:58,000 --> 00:33:00,680 Speaker 1: Pence was on the camp Page Trail the Year today 560 00:33:00,800 --> 00:33:04,480 Speaker 1: at Portsmith, New Hampshire. Take a listen to what Vice 561 00:33:04,480 --> 00:33:08,000 Speaker 1: President Mike Pence had to say about the domination of 562 00:33:08,080 --> 00:33:13,080 Speaker 1: Judge Amie Coney Barrett. Judge Amy Coney Barrett, it's gonna 563 00:33:13,120 --> 00:33:17,479 Speaker 1: be Justice Amy Coney Barrett. We're gonna fill that seat 564 00:33:17,640 --> 00:33:21,760 Speaker 1: on the Supreme Court of the United States. Joel Payne, 565 00:33:21,800 --> 00:33:24,880 Speaker 1: you have it right there. But Democrats now making a 566 00:33:24,920 --> 00:33:28,080 Speaker 1: play largely political theater. But they really don't have a 567 00:33:28,160 --> 00:33:30,840 Speaker 1: choice but to do this. No, Yeah, I think the 568 00:33:30,920 --> 00:33:35,880 Speaker 1: look it's a strategic tactic to delay the inevitable um 569 00:33:35,960 --> 00:33:38,320 Speaker 1: and I can tell you it's probably a reaction to 570 00:33:38,480 --> 00:33:41,680 Speaker 1: a lot of the negative um blow fact that Schumer 571 00:33:41,680 --> 00:33:43,920 Speaker 1: and the you know, the Democrats on that committee have 572 00:33:44,000 --> 00:33:47,360 Speaker 1: gotten for allowing Comy Barrett to really kind of go 573 00:33:47,440 --> 00:33:50,000 Speaker 1: through pretty much unscathed. I mean, if you saw the 574 00:33:50,000 --> 00:33:52,560 Speaker 1: Morning Console poll, it looks like she was able to 575 00:33:52,600 --> 00:33:55,880 Speaker 1: boost her ratings, you know, whatever public opinion matters for 576 00:33:56,000 --> 00:33:58,720 Speaker 1: Supreme Court justice that needs. He was able to boost 577 00:33:58,720 --> 00:34:01,480 Speaker 1: her reading pretty significant leaven among Democrats, and I think 578 00:34:01,560 --> 00:34:04,120 Speaker 1: a lot of activist Democrats feel like it was somewhat 579 00:34:04,120 --> 00:34:07,920 Speaker 1: miss pandaled by the Senate leadership really quickly on the stimulus. 580 00:34:08,040 --> 00:34:12,719 Speaker 1: The fact that McConnell, Trump Meadows Minution can't get on 581 00:34:12,760 --> 00:34:15,560 Speaker 1: the same page is honestly, it is one of the 582 00:34:15,600 --> 00:34:20,400 Speaker 1: most appalling things I've seen. Nancy Pelosi can't negotiate with 583 00:34:20,440 --> 00:34:24,360 Speaker 1: anybody she's supposed to negotiating. Wooden Minute, Trump won't Meadows 584 00:34:24,400 --> 00:34:26,200 Speaker 1: are saying self the different. But I don't wants to 585 00:34:26,200 --> 00:34:28,120 Speaker 1: wait till after the election, and he wants to pass 586 00:34:28,160 --> 00:34:30,880 Speaker 1: this skinny bill, and yes, the half a billion dollars 587 00:34:31,080 --> 00:34:34,719 Speaker 1: is a skinny bill. And Republicans have never shown a 588 00:34:35,080 --> 00:34:38,400 Speaker 1: emurgency to get this stimulus still done. And I do 589 00:34:38,400 --> 00:34:40,840 Speaker 1: think it's gonna hurt them politically, and more importantly, I 590 00:34:40,880 --> 00:34:43,560 Speaker 1: think it's hurting you know, the people out there who've 591 00:34:43,560 --> 00:34:47,520 Speaker 1: really gone without really necessary COVID relief for a long 592 00:34:47,600 --> 00:34:50,440 Speaker 1: time now. I mean we're talking like people have missed 593 00:34:50,920 --> 00:34:54,640 Speaker 1: m mortgage payments at this point, people have missed payments 594 00:34:54,680 --> 00:34:59,040 Speaker 1: to pay off businesses. So Republicans really really bungled this, 595 00:34:59,360 --> 00:35:01,320 Speaker 1: and I think they're to have to califord at the polls, 596 00:35:02,000 --> 00:35:04,960 Speaker 1: you know, Alex Vogel, I'm here in Tennessee. It's a 597 00:35:04,960 --> 00:35:10,040 Speaker 1: lot different than Mayor Bowser's Thomas Circle. Okay, I mean 598 00:35:10,360 --> 00:35:13,040 Speaker 1: I hear what Joel is saying, But let me ask 599 00:35:13,120 --> 00:35:19,000 Speaker 1: you this, sir. Here in Tennessee, the rural Republicans are saying, no, 600 00:35:19,280 --> 00:35:21,759 Speaker 1: in two years, our debt is going to be out 601 00:35:21,800 --> 00:35:25,080 Speaker 1: the wazoo, and Republicans don't like that. And it feels 602 00:35:25,120 --> 00:35:27,680 Speaker 1: reminiscent of two thousand and eight with the rise of 603 00:35:27,719 --> 00:35:33,400 Speaker 1: the Tea Party. It's definitely an issue, and as we 604 00:35:33,440 --> 00:35:37,799 Speaker 1: started to move from the first COVID relief into the 605 00:35:37,880 --> 00:35:41,680 Speaker 1: second uh and push on the third. You started to 606 00:35:41,719 --> 00:35:46,040 Speaker 1: hear those voices UM on the Hill and other places 607 00:35:46,160 --> 00:35:50,279 Speaker 1: talking about the spending side. The reality is, UM, we 608 00:35:50,320 --> 00:35:55,800 Speaker 1: have already enacted, by a multiple factor, the single largest 609 00:35:56,520 --> 00:36:02,120 Speaker 1: effort ever in that regard UM. And at one point 610 00:36:02,239 --> 00:36:05,960 Speaker 1: this was a fight, uh, not so much over what 611 00:36:06,160 --> 00:36:09,000 Speaker 1: was going to help ordinary citizens, but it was a 612 00:36:09,080 --> 00:36:13,080 Speaker 1: fight over that UM uh and has now devolved to 613 00:36:13,120 --> 00:36:16,040 Speaker 1: where we're fighting over money for the state. UM. I 614 00:36:16,080 --> 00:36:21,239 Speaker 1: think the more this battleground is fought where Republicans are 615 00:36:21,280 --> 00:36:25,200 Speaker 1: able to point out as it sounds like Leader McConnell's 616 00:36:25,200 --> 00:36:29,319 Speaker 1: preparing to do and is doing UM multiple times, Republicans 617 00:36:29,320 --> 00:36:33,960 Speaker 1: have been prepared to pass again a giant package. UH, 618 00:36:34,120 --> 00:36:35,759 Speaker 1: they're not going to do so for the states. I 619 00:36:35,760 --> 00:36:39,000 Speaker 1: don't think that's the big vote constituency. All right, Much 620 00:36:39,000 --> 00:36:42,680 Speaker 1: more coming up next. Sperez checks in m Kevin Curli 621 00:36:42,760 --> 00:36:46,120 Speaker 1: Live from Nashville. All Star Panel, Joel Paint, Alex Toogel, 622 00:36:46,360 --> 00:37:01,720 Speaker 1: you're listening to Blueberge. You want listening to Bloomberg. Sound 623 00:37:01,760 --> 00:37:05,799 Speaker 1: On with Kevin Curreley on Bloomberg and one A five 624 00:37:05,800 --> 00:37:10,640 Speaker 1: point h two. I'm Kevin Cirelli, Chief Washington correspondent for 625 00:37:10,719 --> 00:37:14,440 Speaker 1: Bloomberg Television of Bloomberg Radio. I'm gonna embrace my Augustinian 626 00:37:15,000 --> 00:37:18,600 Speaker 1: Catholic school roots for our next guest to Toho. I 627 00:37:18,600 --> 00:37:21,279 Speaker 1: I've read a couple of years ago, comes from a 628 00:37:21,320 --> 00:37:24,680 Speaker 1: Matthew twenty five family. I'm reading for the Bloomberg terminal. 629 00:37:24,719 --> 00:37:27,640 Speaker 1: Pope Francis called for civil unions for gay couples and 630 00:37:27,800 --> 00:37:31,240 Speaker 1: what would be a significant shift from the Catholic Church's 631 00:37:31,320 --> 00:37:36,680 Speaker 1: long held opposition to the LGBTQ community getting married their 632 00:37:36,760 --> 00:37:40,520 Speaker 1: children of God and have a right to family. Nobody 633 00:37:40,560 --> 00:37:43,879 Speaker 1: should be thrown out or be made miserable because of it, 634 00:37:44,280 --> 00:37:46,840 Speaker 1: the Pope says in a new documentary, what we have 635 00:37:47,040 --> 00:37:50,560 Speaker 1: to create is a civil union law. That way they 636 00:37:50,600 --> 00:37:53,920 Speaker 1: are legally covered. I stood up for that. Of course, 637 00:37:54,000 --> 00:37:57,080 Speaker 1: this is a massive departure. I mean this is a 638 00:37:57,160 --> 00:38:00,200 Speaker 1: huge departure. And the chairman of the Democratic Party, also 639 00:38:00,280 --> 00:38:03,319 Speaker 1: a Catholic, U, Tom Perez, joins us and and Sir, 640 00:38:03,400 --> 00:38:06,200 Speaker 1: I got to get your reaction to this major, major 641 00:38:06,320 --> 00:38:09,680 Speaker 1: monumental day. Uh, not just for America, but for the 642 00:38:09,680 --> 00:38:11,680 Speaker 1: Pope to come out and make this statement put it 643 00:38:11,719 --> 00:38:15,680 Speaker 1: in perspective for me. Oh, it was a big deal 644 00:38:15,880 --> 00:38:18,320 Speaker 1: like Kevin and uh I was. I went to a 645 00:38:18,400 --> 00:38:23,680 Speaker 1: Juduit high school. So uh, we love the Augustinians. Um, 646 00:38:23,920 --> 00:38:28,839 Speaker 1: and I mean this is uh, this is remarkable from 647 00:38:29,000 --> 00:38:34,680 Speaker 1: uh this. Pope and I have three children, and we've 648 00:38:34,680 --> 00:38:40,040 Speaker 1: had this conversation frequently because they keep asking their father, 649 00:38:40,760 --> 00:38:46,520 Speaker 1: why do you continue to be a Catholic when they 650 00:38:46,520 --> 00:38:51,319 Speaker 1: are saying things that are counter to our relatives who 651 00:38:51,400 --> 00:38:55,439 Speaker 1: are gay. And I never have a good answer for that. 652 00:38:56,320 --> 00:39:00,400 Speaker 1: My answer is, the Catholic Church isn't perfect. Uh. Today's 653 00:39:00,440 --> 00:39:05,680 Speaker 1: announcement is going I think a really important step forward 654 00:39:05,840 --> 00:39:14,959 Speaker 1: to understanding that love is love and we shouldn't ever 655 00:39:15,160 --> 00:39:20,239 Speaker 1: judge people by the color of their skin or who 656 00:39:20,280 --> 00:39:26,280 Speaker 1: they love. Uh. This is an acknowledgement of that by 657 00:39:26,760 --> 00:39:32,160 Speaker 1: the Pope and I welcome it. Uh. It's it's an 658 00:39:32,160 --> 00:39:37,680 Speaker 1: important step forward. I hope that others will. We'll see 659 00:39:37,719 --> 00:39:41,360 Speaker 1: it as such, press so so many in recent years 660 00:39:41,600 --> 00:39:45,360 Speaker 1: of religion in presidential campaigns as well as other campaigns 661 00:39:45,480 --> 00:39:47,879 Speaker 1: has always been a hot button issue. We should note 662 00:39:48,080 --> 00:39:51,240 Speaker 1: Democratic presidential nominee Joe Biden would only become the second 663 00:39:51,360 --> 00:39:56,960 Speaker 1: Catholic ever elected to the presidency, the first being jfk Uh. 664 00:39:57,000 --> 00:40:00,600 Speaker 1: And you know, but what does this mean from europe perspective? 665 00:40:01,040 --> 00:40:04,960 Speaker 1: As the chairman of a political party, what does this 666 00:40:05,040 --> 00:40:08,799 Speaker 1: mean about? It doesn't Religion isn't a left or right thing, 667 00:40:08,960 --> 00:40:12,759 Speaker 1: I guess is what I'm trying to ask you about. Well, 668 00:40:12,800 --> 00:40:20,719 Speaker 1: it shouldn't be. Uh. The the teachings that cut across 669 00:40:20,760 --> 00:40:24,560 Speaker 1: all faith traditions, Kevin, if you lead the Torah, if 670 00:40:24,600 --> 00:40:27,399 Speaker 1: you read the Quran, if you read science and help, 671 00:40:27,480 --> 00:40:31,960 Speaker 1: if you read the Older New Testament, UH, and you 672 00:40:32,040 --> 00:40:38,759 Speaker 1: look at the constant commitment to the service of the underserved. Uh. 673 00:40:38,920 --> 00:40:43,600 Speaker 1: That is a theme that cuts across all of these teachings, 674 00:40:43,640 --> 00:40:46,399 Speaker 1: across all of these faiths. And it's a theme that 675 00:40:46,440 --> 00:40:49,600 Speaker 1: cuts across so many of my friends who don't come 676 00:40:49,640 --> 00:40:54,440 Speaker 1: from a faith tradition, but whose ethical foundation uh leads 677 00:40:54,480 --> 00:40:58,000 Speaker 1: them to the same place. And and so that's why 678 00:40:58,040 --> 00:41:01,440 Speaker 1: I agree with what you just said when you made 679 00:41:01,440 --> 00:41:04,480 Speaker 1: reference to that. But you look at where we are 680 00:41:04,640 --> 00:41:08,279 Speaker 1: right now in the coronavirus. We not only have over 681 00:41:08,320 --> 00:41:11,400 Speaker 1: eight million cases, we have eight million more people living 682 00:41:11,440 --> 00:41:17,239 Speaker 1: in poverty, eight million people who are struggling to make 683 00:41:17,360 --> 00:41:20,239 Speaker 1: ends meet. So many people who don't have they have 684 00:41:20,280 --> 00:41:22,880 Speaker 1: an empty seat at the dinner table because there's a 685 00:41:22,960 --> 00:41:26,759 Speaker 1: loved one. And when you don't have health care, uh, 686 00:41:26,840 --> 00:41:29,640 Speaker 1: you really don't have that sort of stability. And so 687 00:41:30,160 --> 00:41:35,080 Speaker 1: I often wonder, uh. And if you look at all 688 00:41:35,120 --> 00:41:40,200 Speaker 1: of these scriptures that I referenced, you will see that, uh, 689 00:41:40,239 --> 00:41:45,680 Speaker 1: these references to helping the underserved people who are living 690 00:41:45,719 --> 00:41:49,360 Speaker 1: in the shadows. It is one of the most robust 691 00:41:49,480 --> 00:41:53,840 Speaker 1: themes in all of these different books. And yet you 692 00:41:53,920 --> 00:41:58,799 Speaker 1: see this president who is uh. Certainly he holds the 693 00:41:58,880 --> 00:42:02,640 Speaker 1: Bible up albeit upside down, near the White House, but 694 00:42:02,760 --> 00:42:05,759 Speaker 1: I really wish he would have read the Bible and 695 00:42:05,800 --> 00:42:09,279 Speaker 1: put those teachings in action. Tom for Us is on 696 00:42:09,320 --> 00:42:12,800 Speaker 1: the line. Here is the chairman of the Democratic National Party, Uh, 697 00:42:13,040 --> 00:42:19,760 Speaker 1: Chairman Perez. Is this race tightening? And where well, I think, uh, 698 00:42:20,040 --> 00:42:22,439 Speaker 1: we we leave nothing to chance. And you know, while 699 00:42:22,880 --> 00:42:25,280 Speaker 1: I always tell everyone don't get on the polar coasters, 700 00:42:25,320 --> 00:42:27,560 Speaker 1: if you see a pole that Joes Joe Biden head 701 00:42:27,640 --> 00:42:32,239 Speaker 1: nationally throwed out because this is one battleground state by 702 00:42:32,280 --> 00:42:36,759 Speaker 1: battleground state, and uh, we anticipate at the end it's 703 00:42:36,800 --> 00:42:39,040 Speaker 1: going to be a close race. I'd rather be us 704 00:42:39,080 --> 00:42:42,880 Speaker 1: than them for the simple reason that our pathways to 705 00:42:43,000 --> 00:42:46,759 Speaker 1: two seventy are multiple. You know, if we do the 706 00:42:46,800 --> 00:42:53,080 Speaker 1: industrial Midwest pathway of Wisconsin, Pennsylvania, Michigan, that alone, as 707 00:42:53,080 --> 00:42:55,839 Speaker 1: long as we hold onto the other states, would be sufficient. 708 00:42:56,239 --> 00:42:59,680 Speaker 1: But we're competing elsewhere. We're competing in Ohio, competing the 709 00:42:59,680 --> 00:43:03,400 Speaker 1: North Carolina, We're competing in Texas, We're competing in Georgia, 710 00:43:04,160 --> 00:43:06,920 Speaker 1: We're competing in Florida. And and if you look at 711 00:43:06,960 --> 00:43:10,520 Speaker 1: the early vote turnout, you know, forty million people roughly 712 00:43:10,960 --> 00:43:14,239 Speaker 1: have already voted. We expect record turnout this year. There 713 00:43:14,239 --> 00:43:17,600 Speaker 1: were eight million people who voted four years ago. I 714 00:43:17,640 --> 00:43:20,440 Speaker 1: bet we get close to one fifty this year. Uh. 715 00:43:20,440 --> 00:43:25,080 Speaker 1: And I look at places like Florida where half of 716 00:43:25,120 --> 00:43:29,800 Speaker 1: the voters who voted by mail as of last weekend 717 00:43:30,160 --> 00:43:34,239 Speaker 1: we're Democrats, and uh of them hadn't voted in the 718 00:43:34,320 --> 00:43:37,080 Speaker 1: last two elections. So it's not only you know people 719 00:43:37,120 --> 00:43:41,439 Speaker 1: who are going to vote every election, but this is people. Uh. 720 00:43:41,760 --> 00:43:46,959 Speaker 1: Joe Biden's attracting um sporadic voters as well. And so 721 00:43:47,600 --> 00:43:50,000 Speaker 1: I'm excited about that. And I could give you more 722 00:43:50,120 --> 00:43:54,600 Speaker 1: data elsewhere. North Carolina, Wisconsin. You know, UH, just record 723 00:43:54,680 --> 00:44:02,720 Speaker 1: turnout Arizona already of uh people have voted. We expect 724 00:44:02,719 --> 00:44:05,240 Speaker 1: a little under three million, maybe two point eight million, 725 00:44:05,640 --> 00:44:14,160 Speaker 1: and we've already seen again North Bank, and early indications 726 00:44:14,200 --> 00:44:18,120 Speaker 1: show that it's a lot of Democrats and the number 727 00:44:18,160 --> 00:44:23,319 Speaker 1: of new writers who are coming out to vote. I 728 00:44:23,320 --> 00:44:25,320 Speaker 1: gotta ask this because you know, I think it's because 729 00:44:25,440 --> 00:44:27,359 Speaker 1: you know, we're taking down the clock days un till 730 00:44:27,360 --> 00:44:29,160 Speaker 1: the election less than two weeks. And of course every 731 00:44:29,160 --> 00:44:31,840 Speaker 1: time it gets here, you know, everyone on both sides 732 00:44:32,200 --> 00:44:34,640 Speaker 1: of my sources, you know, they get on edge. Which 733 00:44:34,640 --> 00:44:39,359 Speaker 1: state keeps you up at night or are you sleeping easy? Well, 734 00:44:39,400 --> 00:44:41,720 Speaker 1: I mean a lot of states keep me up because 735 00:44:42,640 --> 00:44:50,080 Speaker 1: you look at the polling hot today. Today's polling is fight, 736 00:44:50,320 --> 00:44:52,560 Speaker 1: I mean, and and it's going to be tight through 737 00:44:52,600 --> 00:44:56,880 Speaker 1: the election. I look at Florida, Uh, somebody's gonna win Florida, 738 00:44:57,280 --> 00:44:59,359 Speaker 1: you know, by a couple of points something like that. 739 00:45:00,040 --> 00:45:03,160 Speaker 1: I look at Uh, I look at all of these states, 740 00:45:03,239 --> 00:45:07,760 Speaker 1: and again I I what I like about our candidate 741 00:45:07,840 --> 00:45:10,560 Speaker 1: is number one, he's right on the issues. He's reflecting 742 00:45:10,560 --> 00:45:15,319 Speaker 1: the values of our country, and he Joe Biden, UH 743 00:45:15,719 --> 00:45:21,320 Speaker 1: is building Uh, a wide ranging coalition of hardcore Democrats, 744 00:45:21,320 --> 00:45:27,480 Speaker 1: independent Party of John McCain, Republicans who understand that the 745 00:45:27,520 --> 00:45:30,640 Speaker 1: Party of Lincoln is dead. Uh. You know, in Arizona 746 00:45:30,800 --> 00:45:34,560 Speaker 1: we have the likes of Jeff Flake endorsing. We've got 747 00:45:34,880 --> 00:45:38,680 Speaker 1: the former Republican governor Rick Snyder. In Michigan, We've got 748 00:45:38,760 --> 00:45:43,480 Speaker 1: John Kasik in Ohio. Um. When you have John Kasik 749 00:45:43,560 --> 00:45:48,439 Speaker 1: and Shared Brown supporting the same candidate for president, that's 750 00:45:48,480 --> 00:45:53,560 Speaker 1: called the politics of arithmetic addition, deep subtraction. Every day 751 00:45:53,560 --> 00:45:58,000 Speaker 1: of the week, Donald Trump's practicing the politics of subtraction. Um. 752 00:45:58,080 --> 00:46:01,799 Speaker 1: Donald Joe Biden has the closing argument. I'm going to 753 00:46:01,960 --> 00:46:05,840 Speaker 1: fix all of the crises. We have a coronavirus crisis, 754 00:46:05,880 --> 00:46:08,560 Speaker 1: we have an economic crisis, we have a climate crisis, 755 00:46:08,600 --> 00:46:12,520 Speaker 1: we have a civil rights crisis. And I have specific 756 00:46:12,560 --> 00:46:16,120 Speaker 1: plans to unite our nation and address thee and make 757 00:46:16,160 --> 00:46:20,319 Speaker 1: people's lives better. All Right. The closing argument for Trump is, 758 00:46:20,480 --> 00:46:24,320 Speaker 1: you know, um, lock her up, Gretchen Whitber. He doesn't 759 00:46:24,320 --> 00:46:27,920 Speaker 1: have a closing argument, and um, we're in a crisis 760 00:46:28,080 --> 00:46:31,719 Speaker 1: and he's failed his leadership. All right, Chairman Perez, I 761 00:46:31,760 --> 00:46:34,240 Speaker 1: can't thank you enough for making a tie for me today. 762 00:46:34,280 --> 00:46:36,759 Speaker 1: We talked about a lot. Today's chairman, Perez and I 763 00:46:36,760 --> 00:46:38,960 Speaker 1: will see you. You're on the ground in Nashville, so 764 00:46:38,960 --> 00:46:41,240 Speaker 1: I'm sure i'll see you. You'll you'll see me. I'll 765 00:46:41,280 --> 00:46:43,200 Speaker 1: be the one with all the fried chicken everywhere. How 766 00:46:43,239 --> 00:46:47,480 Speaker 1: about that chairman for us? All right? Maybe maybe he's 767 00:46:47,520 --> 00:46:50,520 Speaker 1: all right? Barbecuman Nashville. Keevit's Earili. You're listening to Whipberg 768 00:46:50,600 --> 00:47:09,160 Speaker 1: Night and I one you're listening to Bloomberg Sound On 769 00:47:09,239 --> 00:47:13,239 Speaker 1: with Kevin Surley on Bloomberg and one oh five point 770 00:47:13,280 --> 00:47:16,560 Speaker 1: seven f M h D two. My name is Kevin Sile. 771 00:47:16,640 --> 00:47:19,200 Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and for 772 00:47:19,280 --> 00:47:23,600 Speaker 1: Bloomberg Radio. I'm live in Nashville, Tennessee, where tomorrow night 773 00:47:23,719 --> 00:47:27,160 Speaker 1: is the final presidential debate. And actually I'm across the 774 00:47:27,160 --> 00:47:31,719 Speaker 1: street from the American Country Music Hall of Fame. Uh. 775 00:47:32,080 --> 00:47:35,200 Speaker 1: Joel pains with me, Democratic strategist, former director of African 776 00:47:35,200 --> 00:47:38,880 Speaker 1: American Media Outreach for Hillary Clinton's presidential campaign. Alex Vogel, 777 00:47:39,200 --> 00:47:42,279 Speaker 1: CEO with the Vogel Group, former Chief council for Senate 778 00:47:42,320 --> 00:47:46,440 Speaker 1: Majority Leader Bill Frist, Republican of Tennessee and former NRSC 779 00:47:47,120 --> 00:47:51,640 Speaker 1: General Council Joel, Are you a country music fan? It's 780 00:47:51,680 --> 00:47:54,400 Speaker 1: my surproject, Kevin, but it's I'm not exactly in the 781 00:47:54,480 --> 00:47:58,560 Speaker 1: target demographic they're going for, but I appreciate all forms 782 00:47:58,560 --> 00:48:03,440 Speaker 1: of art. I love country music. Are you Alex, Alex Mugle, 783 00:48:03,480 --> 00:48:07,359 Speaker 1: are you a country music fan? I am. I love 784 00:48:07,480 --> 00:48:12,200 Speaker 1: Zak Brown. Ah, I love Zach Brown band. You know, 785 00:48:13,360 --> 00:48:16,840 Speaker 1: my song in the summer has been good Times, rolled 786 00:48:17,000 --> 00:48:20,600 Speaker 1: by Jimmy Allen featuring Nellie and on the dog Days 787 00:48:20,640 --> 00:48:24,759 Speaker 1: of Quarantine, that song powered me through. Uh if we 788 00:48:24,840 --> 00:48:28,160 Speaker 1: have it, that's the that's Reggie and on the soundboard, 789 00:48:28,160 --> 00:48:30,520 Speaker 1: that's my favorite song, reach for right now it goes 790 00:48:30,560 --> 00:48:32,000 Speaker 1: you know, it goes back and forth. Time. Now for 791 00:48:32,080 --> 00:48:34,880 Speaker 1: my favorite part of the program, which is what is 792 00:48:34,960 --> 00:48:39,640 Speaker 1: on your radar? Joel Payne, what's on your radar? Well, 793 00:48:39,760 --> 00:48:42,840 Speaker 1: so you you scooped me with the pope earlier, but 794 00:48:43,160 --> 00:48:45,920 Speaker 1: I'm ready for you, Kevin. I always done that before, 795 00:48:46,040 --> 00:48:48,319 Speaker 1: so I had a second one in my back pocket. Wait, 796 00:48:48,360 --> 00:48:50,680 Speaker 1: by the way, what's your reaction to Chairman Perez and 797 00:48:50,920 --> 00:48:54,279 Speaker 1: what he said? What do you think about he was? 798 00:48:54,360 --> 00:48:56,480 Speaker 1: He said exactly what he needed to say he's getting 799 00:48:56,480 --> 00:48:59,600 Speaker 1: the troops ready to go. He's got everybody, Um, you 800 00:48:59,640 --> 00:49:02,080 Speaker 1: know we on un Tilton ready to turn out and 801 00:49:02,120 --> 00:49:06,160 Speaker 1: turn up. So I think. So it's all my radar, 802 00:49:06,280 --> 00:49:08,799 Speaker 1: So we're not gonna talk about the already talked about that. 803 00:49:09,040 --> 00:49:12,560 Speaker 1: The President tonight is doing a rally in Gastonia, North Carolina. 804 00:49:12,920 --> 00:49:15,040 Speaker 1: The reason why that's all on my radar says, I 805 00:49:15,080 --> 00:49:18,279 Speaker 1: grew up there. I lived there for eight years with 806 00:49:18,360 --> 00:49:20,440 Speaker 1: kindergarten through seventh grade. It is one of the most 807 00:49:20,480 --> 00:49:23,080 Speaker 1: beautiful parts of the country. The airport that he's doing 808 00:49:23,120 --> 00:49:25,799 Speaker 1: the event is literally less than a mile away from 809 00:49:25,800 --> 00:49:27,960 Speaker 1: the house I grew up in. I figured i'd use 810 00:49:28,040 --> 00:49:30,640 Speaker 1: this national platform just to give a shout out to Gastonia, 811 00:49:30,719 --> 00:49:34,440 Speaker 1: North Carolina. Tell me about Gastonia, North Carolina. What's what's it? 812 00:49:34,560 --> 00:49:37,160 Speaker 1: Give me some good food there. It's one of the 813 00:49:37,200 --> 00:49:40,439 Speaker 1: most prominent suburbs of Charlotte. It's right near the South 814 00:49:40,440 --> 00:49:43,719 Speaker 1: Carolina border. It's about twenty minutes from rock Hills, South Carolina. 815 00:49:44,160 --> 00:49:48,560 Speaker 1: Old Milltown. Um, as with many North Carolina towns, lots 816 00:49:48,560 --> 00:49:51,479 Speaker 1: of great barbecue. So Kevin, I know you're always looking 817 00:49:51,480 --> 00:49:54,960 Speaker 1: for good eat, lots of great barbecue in a great 818 00:49:54,960 --> 00:49:58,480 Speaker 1: place um for seafood and fun and a great place 819 00:49:58,480 --> 00:50:01,640 Speaker 1: through his family. I you know what I find interesting 820 00:50:01,960 --> 00:50:05,160 Speaker 1: is Senator Tillis in North Carolina and it's the same 821 00:50:05,239 --> 00:50:10,040 Speaker 1: media market Tonight's rally as Chairman Lindsey Graham's South Carolina 822 00:50:10,480 --> 00:50:15,279 Speaker 1: Joel Payne. I mean, just the absolutely till till Us 823 00:50:15,400 --> 00:50:17,759 Speaker 1: till us a struggle, and what people don't think about 824 00:50:17,800 --> 00:50:20,360 Speaker 1: with that North Carolina race really quickly, it's not just 825 00:50:20,520 --> 00:50:23,920 Speaker 1: till being under Trump. It's also Roy Cooper Rick Cooper 826 00:50:23,960 --> 00:50:26,000 Speaker 1: is also on the ballot and that will impact that 827 00:50:26,080 --> 00:50:31,359 Speaker 1: race as well. Elaborate that's fascinating, Go ahead, you have time. Well, well, well, 828 00:50:31,400 --> 00:50:34,200 Speaker 1: here's the thing. So usually you really don't have like 829 00:50:34,239 --> 00:50:36,600 Speaker 1: a governor's races, synate race and a presidential race in 830 00:50:36,640 --> 00:50:40,040 Speaker 1: the state. So Roy Cook Cooper, who's a pretty popular governor, 831 00:50:40,400 --> 00:50:43,960 Speaker 1: can really help drag somebody like cal Cunningham, who's the 832 00:50:44,000 --> 00:50:46,799 Speaker 1: Democratic Senate candidate over the finish line. He can also 833 00:50:46,920 --> 00:50:49,279 Speaker 1: drag in some votes for for Biden. I'd be really 834 00:50:49,320 --> 00:50:51,400 Speaker 1: interested to see what the ticket splitting looks like there. 835 00:50:52,360 --> 00:50:54,360 Speaker 1: I just think that's a unique phenomenon. You have a 836 00:50:54,480 --> 00:50:57,400 Speaker 1: governor's race on the ballot, a cynate race, and obviously 837 00:50:57,480 --> 00:50:59,759 Speaker 1: this is a presidential year, so something to watch out 838 00:50:59,760 --> 00:51:01,919 Speaker 1: for when you're a counting votes on election n Yeah, 839 00:51:01,960 --> 00:51:04,200 Speaker 1: that's a really really good one, all right, Alex Vogel, 840 00:51:04,239 --> 00:51:09,120 Speaker 1: what's on your radar? Um? So, given the pace at 841 00:51:09,160 --> 00:51:13,400 Speaker 1: which what would otherwise be earth shaking news things like 842 00:51:13,480 --> 00:51:17,400 Speaker 1: the Pope's announcement and all the various October surprises, I 843 00:51:17,440 --> 00:51:20,200 Speaker 1: think the fact that Google has been sewed by the 844 00:51:20,280 --> 00:51:25,840 Speaker 1: United States for UH antitrust violations, it barely makes the 845 00:51:25,880 --> 00:51:29,200 Speaker 1: front page, much less above the fold. UH. This has 846 00:51:29,239 --> 00:51:32,919 Speaker 1: the potential from a policy perspective, to be a really 847 00:51:33,040 --> 00:51:36,680 Speaker 1: dramatic development. You know, we had KEM Buck on yesterday, 848 00:51:36,680 --> 00:51:41,279 Speaker 1: Congressman KEM Buck, a Republican from Colorado, talking specifically about this, 849 00:51:41,400 --> 00:51:44,800 Speaker 1: and it really is really fascinating. And I was struck 850 00:51:44,920 --> 00:51:49,880 Speaker 1: just by the lack of investor reaction from this, I 851 00:51:49,920 --> 00:51:53,759 Speaker 1: mean stock strugged. Our investors shrugged it off when when 852 00:51:53,800 --> 00:51:56,760 Speaker 1: this report came out. But it's not just the case 853 00:51:57,239 --> 00:52:00,080 Speaker 1: coming from the do o J. It's this this this 854 00:52:00,239 --> 00:52:04,680 Speaker 1: coalition of cases by UH states all across the country. 855 00:52:04,800 --> 00:52:07,840 Speaker 1: Am I right, Alex? I mean you would know about 856 00:52:08,760 --> 00:52:11,560 Speaker 1: you are right, and what's fascinating and going to be 857 00:52:11,640 --> 00:52:15,640 Speaker 1: fascinating for the technology industry in the next year ahead. Um, 858 00:52:15,960 --> 00:52:19,520 Speaker 1: there's really no safe port in the storm for them. Uh. 859 00:52:19,719 --> 00:52:22,479 Speaker 1: They have a bunch of issues with conservatives right now. 860 00:52:22,960 --> 00:52:24,800 Speaker 1: They don't have a ton of friends in the Democratic 861 00:52:24,840 --> 00:52:27,640 Speaker 1: side either. Uh. And I think they're in for a 862 00:52:27,719 --> 00:52:31,719 Speaker 1: rocky road, both at the federal level and the state level. Regardless, 863 00:52:31,840 --> 00:52:35,520 Speaker 1: this is now a mature industry that is fully engaged 864 00:52:35,560 --> 00:52:39,200 Speaker 1: with government, needless to say. Uh, and I think it's 865 00:52:39,200 --> 00:52:41,400 Speaker 1: going to be one of the real policy sled fests 866 00:52:41,400 --> 00:52:44,520 Speaker 1: of the next two years. Yeah, I think it is. 867 00:52:44,640 --> 00:52:46,640 Speaker 1: And you look at when you compare it to what 868 00:52:46,760 --> 00:52:50,239 Speaker 1: happened to Microsoft back in the nineties and how that 869 00:52:51,160 --> 00:52:54,960 Speaker 1: gave rise the legal fights of the late nineties early aughts, 870 00:52:55,480 --> 00:52:58,160 Speaker 1: gave rise to the thank stocks. I mean all those 871 00:52:58,200 --> 00:53:03,360 Speaker 1: companies in Silicon Valley that um entrepreneurship and so somewhere 872 00:53:03,400 --> 00:53:06,600 Speaker 1: in some basement or some dorm room, some kid is 873 00:53:06,600 --> 00:53:09,799 Speaker 1: creating some thing that none of us knew we even 874 00:53:09,800 --> 00:53:14,440 Speaker 1: would use as we speak, and maybe Google will be 875 00:53:14,440 --> 00:53:18,600 Speaker 1: in the courtroom. Uh. While all that's happening Alex yep 876 00:53:19,360 --> 00:53:21,480 Speaker 1: and the one of the thing that I would highlight 877 00:53:21,840 --> 00:53:25,040 Speaker 1: that I find remarkable right now. So much was made 878 00:53:25,040 --> 00:53:28,600 Speaker 1: about the shutdown in professional sports during COVID and how 879 00:53:28,640 --> 00:53:32,000 Speaker 1: everyone was desperate to get back uh and and be 880 00:53:32,080 --> 00:53:34,960 Speaker 1: able to watch, and how important that was. UM. The 881 00:53:35,080 --> 00:53:38,839 Speaker 1: NBA obviously really started up and earnest first and by 882 00:53:38,880 --> 00:53:41,839 Speaker 1: the time we got to the finals. The sad part 883 00:53:41,920 --> 00:53:47,040 Speaker 1: is nobody watched. Last night we had a World Series game. Again, 884 00:53:47,320 --> 00:53:50,479 Speaker 1: no one watched. UM. So as excited as we all were, 885 00:53:51,200 --> 00:53:55,640 Speaker 1: it seems that the exhaustion from the news cycle has 886 00:53:55,760 --> 00:54:01,160 Speaker 1: even managed to dammon dampen our enthusiasm for or end 887 00:54:01,200 --> 00:54:04,160 Speaker 1: of season sports. Yeah, no, I could not. I could 888 00:54:04,200 --> 00:54:06,759 Speaker 1: not agree with you more. And mind you tomorrow night 889 00:54:07,160 --> 00:54:10,640 Speaker 1: big Eagles game. But I'm going to be focused Barrata 890 00:54:10,840 --> 00:54:14,680 Speaker 1: on the on of course, the debate, but my Eagles. 891 00:54:15,120 --> 00:54:16,759 Speaker 1: You know, I can have the maybe I'll have like 892 00:54:16,800 --> 00:54:19,239 Speaker 1: the Twitter feed going on, Well, I guess I'll just 893 00:54:19,880 --> 00:54:23,160 Speaker 1: I'll know this. You and Paul Games from the Washington 894 00:54:23,200 --> 00:54:28,319 Speaker 1: Post should do a little Eagles podcast together. Well, I would. 895 00:54:28,360 --> 00:54:31,319 Speaker 1: I am so grateful for my job, but I would 896 00:54:31,320 --> 00:54:34,880 Speaker 1: welcome the opportunity to talk about the Philadelphia Eagles and 897 00:54:34,920 --> 00:54:38,920 Speaker 1: Carson Wentz performance with anyone, with anyone. That's all I'm 898 00:54:38,920 --> 00:54:41,399 Speaker 1: gonna say. But I know, genuinely I would much rather, 899 00:54:41,560 --> 00:54:43,520 Speaker 1: I mean, I'm in Nashville much either be at the 900 00:54:43,560 --> 00:54:45,920 Speaker 1: debates truly than even at an Eagles game. And I 901 00:54:45,960 --> 00:54:49,520 Speaker 1: say that and I mean it. Here's what's on my radar, folks. Um, 902 00:54:50,160 --> 00:54:53,520 Speaker 1: I'm gonna pull. I had a couple today. You stole 903 00:54:53,560 --> 00:54:57,279 Speaker 1: the Google one. Here we go apartment rent. According to 904 00:54:57,280 --> 00:55:02,040 Speaker 1: Bloomberg Emily Cadman and Charlie Wells report quote they right 905 00:55:02,360 --> 00:55:04,920 Speaker 1: in the world's big financial centers, from New York to 906 00:55:04,920 --> 00:55:10,440 Speaker 1: Toronto to London to Sydney, rents for city apartments are plunging. 907 00:55:11,000 --> 00:55:14,520 Speaker 1: International students, who normally bolster demand are stuck at home, 908 00:55:14,600 --> 00:55:18,520 Speaker 1: and young renters, the most mobile mobile group in real estate, 909 00:55:18,600 --> 00:55:21,399 Speaker 1: are finding fewer reasons to pay a premium to live 910 00:55:21,440 --> 00:55:24,600 Speaker 1: in what is for now no longer the center of things. 911 00:55:25,160 --> 00:55:29,000 Speaker 1: You're with Remote working in vogue for everyone from banks, 912 00:55:29,000 --> 00:55:31,840 Speaker 1: that's tech companies and the quirky shops and bars that 913 00:55:31,920 --> 00:55:35,719 Speaker 1: made living in a city fund curtailed. The equation about 914 00:55:35,760 --> 00:55:39,160 Speaker 1: where to live is changing, and so is the balance 915 00:55:39,200 --> 00:55:44,720 Speaker 1: of power between landlords and tenants. It's fascinating. In Westchester County, 916 00:55:45,120 --> 00:55:47,320 Speaker 1: a region north of New York with more than twenty 917 00:55:47,760 --> 00:55:52,280 Speaker 1: acres of parkland, purchase prices for a single family home 918 00:55:52,960 --> 00:55:59,319 Speaker 1: surge sixteen percent from one year ago. Wow. By contrast, 919 00:55:59,440 --> 00:56:02,719 Speaker 1: Manhattan apartments are the cheapest they've been since Are you 920 00:56:02,760 --> 00:56:06,880 Speaker 1: ready for this? Two thousand and thirteen listings have tripled 921 00:56:06,920 --> 00:56:09,760 Speaker 1: from a year ago, when the median rent has tumbled, 922 00:56:09,800 --> 00:56:13,040 Speaker 1: even with even bigger declines for studios. By thanks to 923 00:56:13,120 --> 00:56:16,919 Speaker 1: Joel Payne. By thanks to Alex Vogel, and my thanks 924 00:56:16,960 --> 00:56:21,719 Speaker 1: are In Vogle team, David Sentravin, Matthew Shirley, and of 925 00:56:21,719 --> 00:56:24,440 Speaker 1: course are Ep and Christine Barrata and Reggie on the board. 926 00:56:24,800 --> 00:56:28,840 Speaker 1: I'm Kevin CURRELLI live in Nashville. You're listening to Bloomberg