1 00:00:00,240 --> 00:00:03,000 Speaker 1: Live from our Nations. This budget thing is going to 2 00:00:03,080 --> 00:00:05,800 Speaker 1: do nothing. Space forts. I still think it's interesting President 3 00:00:05,840 --> 00:00:09,480 Speaker 1: Trump not playing his cards yet. Headlines Policy and politics 4 00:00:09,560 --> 00:00:14,840 Speaker 1: colliding to Bloomberg Sound On, the Insiders, the influencers, the insides. 5 00:00:14,960 --> 00:00:17,200 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,200 --> 00:00:20,360 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,360 --> 00:00:22,759 Speaker 1: than it looked in. President Trump was sent here to 8 00:00:22,800 --> 00:00:26,480 Speaker 1: smash conventional norms. In a sense, Bernie Sanders has already won. 9 00:00:26,840 --> 00:00:31,480 Speaker 1: This is Bloomberg Sound On with Kevin Surley on Bloomberg 10 00:00:33,280 --> 00:00:36,920 Speaker 1: five point seven m h D two. I'm still in Vegas. 11 00:00:37,000 --> 00:00:40,480 Speaker 1: I'm Kevin Sierley, Chief Washington corresponding for Bloomberg Television Bloomberg Radio. 12 00:00:40,560 --> 00:00:43,400 Speaker 1: Still trying to pick up the pieces of that. I mean, 13 00:00:43,440 --> 00:00:45,720 Speaker 1: I don't want to use the journalism cliche, but it 14 00:00:45,760 --> 00:00:49,480 Speaker 1: really was a battle last night at the Democratic presidential debate. 15 00:00:49,479 --> 00:00:51,839 Speaker 1: We're gonna unpack all of it, plus some new numbers 16 00:00:51,840 --> 00:00:57,040 Speaker 1: out as the campaign moves forward. Tomorrow's the Nevada Caucus, 17 00:00:57,520 --> 00:01:03,160 Speaker 1: Bernie Sanders, Nevada, the Dada Caucus. I'm still saying it wrong. 18 00:01:03,200 --> 00:01:05,920 Speaker 1: According to our producer David Sutraman, I'll check on that 19 00:01:05,959 --> 00:01:09,800 Speaker 1: for coming up. And Richard Grenelle, ambassador to Germany for 20 00:01:09,840 --> 00:01:12,480 Speaker 1: the United States, now the President appointing him to be 21 00:01:12,520 --> 00:01:15,720 Speaker 1: the Director of National Intelligence. Max Burns is a New 22 00:01:15,800 --> 00:01:19,120 Speaker 1: York City He's a Democratic strategist, contributor at The Daily 23 00:01:19,160 --> 00:01:23,280 Speaker 1: Beast and The Independent, and John Cieliti's geopolitical strategist at 24 00:01:23,319 --> 00:01:28,200 Speaker 1: Trilogy Advisors and diplomacy coordinator UH and under contract to 25 00:01:28,200 --> 00:01:31,200 Speaker 1: the State Department. He's in Washington, d C. We've got 26 00:01:31,240 --> 00:01:34,399 Speaker 1: every coast covered today, lots to get through a jam 27 00:01:34,480 --> 00:01:37,240 Speaker 1: pact show two of the greats on and I begin 28 00:01:37,280 --> 00:01:41,759 Speaker 1: tonight correcting myself from the introduction because I'm still in Nevada. 29 00:01:42,160 --> 00:01:44,280 Speaker 1: Still no idea what time it is, because I'm jet lighted, 30 00:01:44,400 --> 00:01:48,040 Speaker 1: and I am off for Bloomberg Radio sound on tomorrow, 31 00:01:48,560 --> 00:01:52,360 Speaker 1: which means that the caucus is on Saturday, so I'm 32 00:01:52,360 --> 00:01:55,720 Speaker 1: a day ahead of myself. So we're still about thirty 33 00:01:55,720 --> 00:01:59,400 Speaker 1: six hours away from the Nevada Democratic Caucus, and that's 34 00:01:59,400 --> 00:02:01,000 Speaker 1: where I want to be again tonight, as we pick 35 00:02:01,080 --> 00:02:05,800 Speaker 1: up the pieces from last night's Democratic presidential debate here 36 00:02:05,840 --> 00:02:10,399 Speaker 1: in Las Vegas. It was a slugfest. It was, without question, 37 00:02:10,840 --> 00:02:16,600 Speaker 1: the most baffling, bombastic loud debate I've covered this cycle, 38 00:02:17,120 --> 00:02:19,400 Speaker 1: and the only other debate that I can compare it to. 39 00:02:19,520 --> 00:02:22,520 Speaker 1: And I said this on Bloomberg Television earlier today was 40 00:02:22,840 --> 00:02:26,880 Speaker 1: the Republican primary down in South Carolina. Remember the hands 41 00:02:26,880 --> 00:02:29,760 Speaker 1: when Trump and Rubio were talking about the hands. Joining 42 00:02:29,760 --> 00:02:33,160 Speaker 1: me for the hour two have two sound on All Stars, 43 00:02:33,240 --> 00:02:36,360 Speaker 1: Max Burns. He's a Democratic strategist contributor at The Daily 44 00:02:36,400 --> 00:02:40,320 Speaker 1: Beast and The Independent. And John sidilitis geopolitical strategist at 45 00:02:40,320 --> 00:02:44,840 Speaker 1: Trilogy Advisors and the diplomacy coordinator under contract to the 46 00:02:44,919 --> 00:02:47,840 Speaker 1: US Department of State. John, We're gonna talk Rennell coming up, 47 00:02:47,840 --> 00:02:51,320 Speaker 1: but let's just start with the debate. Max, give me 48 00:02:51,360 --> 00:02:55,440 Speaker 1: your takeaways go while there are three. One is that 49 00:02:55,520 --> 00:02:58,840 Speaker 1: Mike Bloomberg learned a tough lesson yesterday and bringing a 50 00:02:58,919 --> 00:03:03,280 Speaker 1: checkbook to a gunfight. The second is that Joe Biden 51 00:03:03,639 --> 00:03:05,800 Speaker 1: is far from out of this race. He turned in 52 00:03:05,880 --> 00:03:08,600 Speaker 1: what I think was one of his best performances last night. 53 00:03:09,200 --> 00:03:12,359 Speaker 1: And the third is that we are seeing a really 54 00:03:12,400 --> 00:03:17,120 Speaker 1: tough fight for the center of the party with Klobachar, Buddha, Jedge, 55 00:03:17,240 --> 00:03:20,959 Speaker 1: and Biden all scrabbling for this decreasing share of the pie. 56 00:03:21,360 --> 00:03:23,679 Speaker 1: So it's interesting to see where this will go in 57 00:03:23,720 --> 00:03:27,400 Speaker 1: the polls, because, as we've seen, this is now a debate. 58 00:03:27,400 --> 00:03:32,120 Speaker 1: People were watching thirty million viewers, which is up significantly 59 00:03:32,160 --> 00:03:36,360 Speaker 1: from the five or so before Iowa thirty million voters. 60 00:03:36,360 --> 00:03:39,640 Speaker 1: All right, John, your turn. Well, I think this really 61 00:03:39,680 --> 00:03:41,360 Speaker 1: isn't going to be a slug fest that's going to 62 00:03:41,440 --> 00:03:44,840 Speaker 1: continue for weeks, if not months, between Bernie Sanders and 63 00:03:44,920 --> 00:03:47,960 Speaker 1: Mike Bloomberg. It looks like most of the other candidates 64 00:03:48,000 --> 00:03:51,400 Speaker 1: really don't have any viable future. Sanders is still a 65 00:03:51,520 --> 00:03:53,920 Speaker 1: heavy favorite to win in Nevada. We don't know if 66 00:03:53,960 --> 00:03:58,200 Speaker 1: Joe Biden will survive until South Carolina a week from Saturday. 67 00:03:58,240 --> 00:04:00,520 Speaker 1: But Sandras seems to have all of the fashion, all 68 00:04:00,560 --> 00:04:03,560 Speaker 1: of the spirit that we are as as recently as 69 00:04:03,720 --> 00:04:07,120 Speaker 1: early October November thought Mike go in Warren's direction. That 70 00:04:07,120 --> 00:04:10,560 Speaker 1: seems to have dissipated in favor of Warren and Mike 71 00:04:10,560 --> 00:04:12,960 Speaker 1: Bloomberg by dint of I think having spent about three 72 00:04:13,000 --> 00:04:16,000 Speaker 1: hundred million dollars so far rising in the polls. And 73 00:04:16,040 --> 00:04:18,440 Speaker 1: you saw that in last night's debate, where most of 74 00:04:18,440 --> 00:04:21,040 Speaker 1: the action especially in the first hour, was directed against 75 00:04:21,040 --> 00:04:24,479 Speaker 1: Mike Bloomberg. And then you saw Joe Biden literally not 76 00:04:24,560 --> 00:04:27,520 Speaker 1: literally but figuratively fade away in the second hour, become 77 00:04:27,600 --> 00:04:30,479 Speaker 1: largely irrelevant to the debate. And then see how the 78 00:04:30,520 --> 00:04:33,960 Speaker 1: others decided to work out the Bernie Sanders posture and 79 00:04:34,000 --> 00:04:36,920 Speaker 1: the Democratic Party. So it's going to be fascinating over 80 00:04:36,960 --> 00:04:39,719 Speaker 1: the next two cycles and then Super Tuesday, and that 81 00:04:39,720 --> 00:04:43,440 Speaker 1: will really be the determinant for the Democratic primary process 82 00:04:43,440 --> 00:04:47,080 Speaker 1: through the convention. I mean it's like boom, boom, boom. 83 00:04:47,120 --> 00:04:50,000 Speaker 1: You got Nevada caucus on Saturday, then a debate on 84 00:04:50,000 --> 00:04:53,880 Speaker 1: Tuesday in South Carolina. The following Saturday is the South 85 00:04:53,920 --> 00:04:57,360 Speaker 1: Carolina contest, and then three days after that is Super Tuesday. 86 00:04:57,400 --> 00:05:01,080 Speaker 1: Fourteen contests. In Super Tuesday, everyone's talking about Bloomberg. I 87 00:05:01,080 --> 00:05:04,520 Speaker 1: should just say the disclosure. Uh. Michael Bloomberg, of course 88 00:05:04,720 --> 00:05:07,520 Speaker 1: is the founder of Bloomberg LP, which is the primary 89 00:05:07,520 --> 00:05:11,800 Speaker 1: stakeholder of Bloomberg Radio. But he spent four hundred and 90 00:05:11,960 --> 00:05:15,359 Speaker 1: sixty four million dollars of his own money on his 91 00:05:15,440 --> 00:05:19,599 Speaker 1: presidential campaign. Based upon my reporting and in the spin 92 00:05:19,680 --> 00:05:22,520 Speaker 1: room last night, I'm gonna have to just say I 93 00:05:22,520 --> 00:05:25,960 Speaker 1: don't see any of these candidates from Klobuchar, Buddha, Gedge, 94 00:05:25,960 --> 00:05:28,560 Speaker 1: Biden or Elizabeth Warren who will get to in a 95 00:05:28,600 --> 00:05:33,160 Speaker 1: second dropping out of this race, bef let alone, Bloomberger 96 00:05:33,279 --> 00:05:37,120 Speaker 1: or Sanders before Super Tuesday, I just don't see it. 97 00:05:37,160 --> 00:05:39,800 Speaker 1: There's a suppole. There's a new poll that came out, 98 00:05:40,520 --> 00:05:42,919 Speaker 1: a Winthrop pole that came out just within the last 99 00:05:42,920 --> 00:05:49,159 Speaker 1: three hours that has Biden leaning in South Carolina, Sanders 100 00:05:49,200 --> 00:05:53,800 Speaker 1: at and Tom Stire. Tom Styer who didn't even make 101 00:05:54,080 --> 00:05:57,320 Speaker 1: and qualified for last night's debate in third place in 102 00:05:57,400 --> 00:06:02,840 Speaker 1: South Carolina at fifteen percent. But dig deeper into this poll, folks, 103 00:06:03,000 --> 00:06:07,080 Speaker 1: Biden has support amongst African American voters in South Carolina 104 00:06:07,200 --> 00:06:13,520 Speaker 1: at thirty one percent. And so I mean, from my 105 00:06:13,680 --> 00:06:17,560 Speaker 1: takeaway based upon my reporting um and talking with folks 106 00:06:17,600 --> 00:06:19,960 Speaker 1: connected to the Biden campaign in the spin room last 107 00:06:20,040 --> 00:06:24,080 Speaker 1: night here in Las Vegas, you know, I don't he 108 00:06:24,120 --> 00:06:26,800 Speaker 1: feels emboldened. And I think the Bloomberg campaign has been 109 00:06:26,800 --> 00:06:29,159 Speaker 1: putting out publicly that they want to make this a 110 00:06:29,200 --> 00:06:33,479 Speaker 1: two way race between between Bloomberg and Sanders, but Max, 111 00:06:34,640 --> 00:06:37,640 Speaker 1: no other candidate on that stage feels that way. Yeah, correct, 112 00:06:37,640 --> 00:06:40,320 Speaker 1: And it's definitely going to be Sanders on one side 113 00:06:40,360 --> 00:06:42,640 Speaker 1: of this. Whether or not it's Bloomberg, I'm not sure. 114 00:06:43,040 --> 00:06:46,120 Speaker 1: He's had a lot of success with the advertising nationally 115 00:06:46,560 --> 00:06:48,479 Speaker 1: that's put him in double digits in a lot of 116 00:06:48,520 --> 00:06:51,880 Speaker 1: these Super Tuesday states. But that can be undone very 117 00:06:52,080 --> 00:06:55,680 Speaker 1: easily with the debate performance from yesterday. And it's immusially 118 00:06:55,720 --> 00:06:59,040 Speaker 1: for Buddha Gedge too. Yeah. I think that's a great point, 119 00:06:59,080 --> 00:07:00,920 Speaker 1: and there were just just want to play. I want 120 00:07:00,920 --> 00:07:02,600 Speaker 1: to get to this in the first block, which is 121 00:07:02,640 --> 00:07:04,160 Speaker 1: why I cut you off there. I want to play 122 00:07:04,160 --> 00:07:06,320 Speaker 1: for you one of the exchanges that Bloomberg had with 123 00:07:06,360 --> 00:07:11,400 Speaker 1: Warren on nondisclosure agreements. Take a listen when you say 124 00:07:11,440 --> 00:07:15,000 Speaker 1: they signed them and they wanted them. If they wish 125 00:07:15,120 --> 00:07:17,680 Speaker 1: now to speak out and tell their side of the 126 00:07:17,760 --> 00:07:21,120 Speaker 1: story about what it is they alleged, that's now okay 127 00:07:21,120 --> 00:07:30,239 Speaker 1: with you. You're releasing them on television tonight, Senator, Senator 128 00:07:30,360 --> 00:07:33,160 Speaker 1: company and somebody else in this case, the man or 129 00:07:33,200 --> 00:07:36,000 Speaker 1: a woman, or could be more than that. They decided 130 00:07:36,040 --> 00:07:38,000 Speaker 1: when they made an agreement that they wanted to keep 131 00:07:38,040 --> 00:07:41,400 Speaker 1: it quiet for everybody's interests. They signed the agreements and 132 00:07:41,440 --> 00:07:44,400 Speaker 1: that's what we're gonna live with. Okay, So that was 133 00:07:44,480 --> 00:07:47,200 Speaker 1: the Warren. That was just one of the bites that 134 00:07:47,280 --> 00:07:49,560 Speaker 1: Senator Elizabeth Warren. I felt like I was covering around 135 00:07:49,600 --> 00:07:52,360 Speaker 1: the Senate Banking Committee when she goes after banking executives 136 00:07:52,640 --> 00:07:56,280 Speaker 1: last night. And that was the most rhetorically aggressive, uh 137 00:07:56,480 --> 00:07:59,120 Speaker 1: really of any debate of any of the candidates coming 138 00:07:59,120 --> 00:08:01,600 Speaker 1: from Elizabeth Warren. Take a listen to what Bernie Sanders 139 00:08:01,640 --> 00:08:04,120 Speaker 1: had to say about Bloomberg and stopping frisk. Here he 140 00:08:04,240 --> 00:08:07,760 Speaker 1: is Mr Bloomberg had policies in New York City of 141 00:08:07,920 --> 00:08:12,800 Speaker 1: stopping frisk, which one after African American and Latino people 142 00:08:12,840 --> 00:08:15,400 Speaker 1: in an outrageous way. That is not a way you're 143 00:08:15,400 --> 00:08:18,360 Speaker 1: gonna grow vote to turn up Bloomberg a sette since 144 00:08:18,400 --> 00:08:23,160 Speaker 1: apologize for that position. But Johnson, Elitis, I mean, just quickly, 145 00:08:23,160 --> 00:08:25,080 Speaker 1: to get back to what you said at the start 146 00:08:25,080 --> 00:08:27,320 Speaker 1: of the show, you still think that it's ultimately going 147 00:08:27,360 --> 00:08:30,440 Speaker 1: to come down from Bloomberg and and and Sanders. I mean, 148 00:08:30,720 --> 00:08:33,679 Speaker 1: I didn't get any messaging from my reporting or from 149 00:08:33,679 --> 00:08:36,680 Speaker 1: the other candidates that they're going to wrap this up. Well. 150 00:08:36,720 --> 00:08:38,800 Speaker 1: To Max's point, first of all, I do think that 151 00:08:38,880 --> 00:08:41,160 Speaker 1: Bernie Sanders is going to be the number one and 152 00:08:41,240 --> 00:08:43,800 Speaker 1: number two candidate over the next several months. It looks 153 00:08:43,880 --> 00:08:45,760 Speaker 1: right now like he's got all the momentum to to 154 00:08:45,840 --> 00:08:49,199 Speaker 1: stay number one. And so the moderate aspects, the moderate 155 00:08:49,240 --> 00:08:51,840 Speaker 1: elements of the Democratic Party are in panic mode. They're 156 00:08:51,920 --> 00:08:55,800 Speaker 1: terrified that a Bernie Sanders nomination means that Trump beats 157 00:08:55,880 --> 00:08:59,040 Speaker 1: him over the head with socialism in November and triumphs, 158 00:08:59,040 --> 00:09:01,960 Speaker 1: maybe with an even large electoral margin. Then he was 159 00:09:02,000 --> 00:09:04,920 Speaker 1: able to against Hillary Clinton in six team. So who 160 00:09:04,960 --> 00:09:07,839 Speaker 1: do they coalesce around? And right now, if Biden is 161 00:09:07,880 --> 00:09:11,040 Speaker 1: fading quickly, and I don't know, Kevin, if he loses 162 00:09:11,040 --> 00:09:13,720 Speaker 1: in South Carolina, I don't know with what credibility he 163 00:09:13,760 --> 00:09:17,440 Speaker 1: goes into Super Tuesday. He's basically put his entire campaign 164 00:09:17,520 --> 00:09:21,560 Speaker 1: credibility into winning in South Carolina. But as Van Jones 165 00:09:21,720 --> 00:09:25,360 Speaker 1: very wisely said, black Votos watched the news also, and 166 00:09:25,400 --> 00:09:28,440 Speaker 1: if they Biden is going nowhere, they'll abandon their and 167 00:09:28,440 --> 00:09:30,760 Speaker 1: they'll look for an alternative. John, I gotta cut you off. 168 00:09:30,760 --> 00:09:32,720 Speaker 1: Coming up. We're gonna dive right back into it, Kevin, Sireli, 169 00:09:32,760 --> 00:09:41,640 Speaker 1: you're listening to Bloomberg. This is Bloomberg's sound on with 170 00:09:41,720 --> 00:09:46,199 Speaker 1: Kevin Surly on Bloomberg and one or five points seven 171 00:09:46,200 --> 00:09:49,200 Speaker 1: of m HD two. If they've got to choose between 172 00:09:49,480 --> 00:09:52,120 Speaker 1: a socialist who thinks that capitalism is the root of 173 00:09:52,120 --> 00:09:55,480 Speaker 1: all evil and a billionaire who thinks that money ought 174 00:09:55,520 --> 00:09:57,960 Speaker 1: to be the root of all power, let's put forward 175 00:09:58,240 --> 00:10:02,960 Speaker 1: somebody who actually lives and works in a middle class neighborhood. 176 00:10:03,480 --> 00:10:06,840 Speaker 1: That was former South Ben mayor Pete Buddha Jedge, speaking 177 00:10:06,920 --> 00:10:11,880 Speaker 1: last night drawing a contrast between Senator Bernie Sanders and 178 00:10:12,040 --> 00:10:15,280 Speaker 1: Michael Bloomberg, who was seeking the Democratic presidential nomination. He, 179 00:10:15,320 --> 00:10:18,280 Speaker 1: of course, is the founder and majority owner of Bloomberg LP, 180 00:10:18,440 --> 00:10:22,000 Speaker 1: the parent company of Bloomberg Radio. Last night at the 181 00:10:22,080 --> 00:10:27,120 Speaker 1: Las Vegas Democratic presidential debate, my name is Kevin CERELLI. 182 00:10:27,160 --> 00:10:30,120 Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and Bloomberg Radio. 183 00:10:30,160 --> 00:10:33,319 Speaker 1: Max Burns is in New York City. I'm still in Vegas. Max. 184 00:10:33,679 --> 00:10:36,520 Speaker 1: Fun fact, Max, I don't know how to gamble. That 185 00:10:36,760 --> 00:10:39,280 Speaker 1: is a shame. The casinos would love to have you, 186 00:10:39,280 --> 00:10:41,080 Speaker 1: you know, I don't think they would. I think I'd 187 00:10:41,120 --> 00:10:43,520 Speaker 1: be too a motive. I think i'd you know, be 188 00:10:43,600 --> 00:10:45,840 Speaker 1: too irish. Italian. You know what I'm saying. I just 189 00:10:46,040 --> 00:10:48,720 Speaker 1: Tom Keat was calling me Kevin Ocean today. I had 190 00:10:48,720 --> 00:10:51,160 Speaker 1: to google it because I don't even get the gambling jokes. 191 00:10:51,200 --> 00:10:54,200 Speaker 1: Max and John Cielites is in Washington, d C. GEO 192 00:10:54,280 --> 00:10:58,240 Speaker 1: political strategist at Trilogy Advisors and diplomacy coordinator under contract 193 00:10:58,240 --> 00:11:00,640 Speaker 1: to the U State Department. John, to you gamble, I 194 00:11:00,720 --> 00:11:05,600 Speaker 1: don't well, Very, I'm of no help to you. But 195 00:11:05,679 --> 00:11:08,960 Speaker 1: there are Aerosmith, Celine Dion, Brittney Spears. You have a 196 00:11:08,960 --> 00:11:12,600 Speaker 1: lot of great shows to enjoy. The casinos. John, my friend, 197 00:11:12,640 --> 00:11:15,360 Speaker 1: you're not up on the Brittney News has canceled her 198 00:11:15,360 --> 00:11:19,120 Speaker 1: residency because she's you know, I'm not she's going through 199 00:11:19,360 --> 00:11:22,160 Speaker 1: She's she's on pause. Okay, but let me do you 200 00:11:22,240 --> 00:11:27,079 Speaker 1: still have Wayne Newton? I don't know. I did a 201 00:11:27,160 --> 00:11:28,800 Speaker 1: double take. I thought I saw Elvis when I was 202 00:11:28,800 --> 00:11:30,640 Speaker 1: walking out of Ballys last night where the debate was. 203 00:11:30,679 --> 00:11:32,480 Speaker 1: I said, is that Elvis? And then I thought, Kevin, 204 00:11:32,559 --> 00:11:36,240 Speaker 1: you are so sleepy bride, my friend, go take a nap. John. 205 00:11:36,320 --> 00:11:38,800 Speaker 1: If you were a betting man, who would you do 206 00:11:38,880 --> 00:11:44,000 Speaker 1: you think at this particular point that Bernie Sanders is unstoppable. 207 00:11:44,880 --> 00:11:47,560 Speaker 1: I don't know that he's unstoppable. I mean, if anything, 208 00:11:47,600 --> 00:11:49,719 Speaker 1: over the next few weeks, we're going to watch the 209 00:11:49,840 --> 00:11:55,240 Speaker 1: continued Bloomberg financial and advertising juggernaut ripped through all of 210 00:11:55,280 --> 00:11:58,120 Speaker 1: these primaries and caucuses. And I don't see this ending 211 00:11:58,240 --> 00:12:01,760 Speaker 1: until the convention whatever of the delegate count. But I 212 00:12:01,760 --> 00:12:04,760 Speaker 1: think Sanders in many ways is unstoppable in terms of 213 00:12:05,080 --> 00:12:08,000 Speaker 1: ascendency number one, number two in most of the states 214 00:12:08,040 --> 00:12:10,640 Speaker 1: that will see going forward, I don't see. I mean, 215 00:12:10,640 --> 00:12:12,920 Speaker 1: there are just different stories that will explain why the 216 00:12:12,960 --> 00:12:15,600 Speaker 1: other candidates won't be able to compete against Sandras. And 217 00:12:15,640 --> 00:12:18,560 Speaker 1: in many ways, he really has captured the spirit of 218 00:12:18,600 --> 00:12:21,360 Speaker 1: the Democratic Party as it's moved further to the left 219 00:12:21,360 --> 00:12:24,720 Speaker 1: since Hillary Clinton was the candidate in sixteen, and to 220 00:12:24,760 --> 00:12:27,320 Speaker 1: the extent we were expecting as Sandras warre and duel 221 00:12:27,400 --> 00:12:29,720 Speaker 1: the end of last year, as I mentioned earlier, she 222 00:12:29,880 --> 00:12:32,080 Speaker 1: seems to have been fading fast, and I think the 223 00:12:32,120 --> 00:12:35,319 Speaker 1: millennials and a number of other members of the Democratic 224 00:12:35,360 --> 00:12:38,319 Speaker 1: Party coalition are beginning to realize, Hey, we need to 225 00:12:38,360 --> 00:12:40,440 Speaker 1: be unified behind the candidate, and if it's going to 226 00:12:40,440 --> 00:12:43,520 Speaker 1: be Bernie Sandras, let's accept this. Let's make our peace. 227 00:12:43,880 --> 00:12:47,240 Speaker 1: But will the moderate establishment allowed this to happen? That 228 00:12:47,360 --> 00:12:52,080 Speaker 1: could possibly erupt come November if the Democratic Party is 229 00:12:52,080 --> 00:12:55,800 Speaker 1: not unified and there's still a lot of aggravation between 230 00:12:55,800 --> 00:12:59,640 Speaker 1: Bloomberg and Sandra's supporters at the convention, that's what we 231 00:12:59,679 --> 00:13:04,000 Speaker 1: need to watch for. I I totally agree, and vice versa. 232 00:13:04,120 --> 00:13:07,400 Speaker 1: I would add, if if it is a moderate, will 233 00:13:07,600 --> 00:13:11,319 Speaker 1: a fraction even of the standards supporters dead in line 234 00:13:11,360 --> 00:13:13,360 Speaker 1: fall in line? I mean, and that's what I just 235 00:13:13,400 --> 00:13:15,640 Speaker 1: don't think we know. So let me put that question 236 00:13:15,679 --> 00:13:19,319 Speaker 1: to Max Burns. What are you hearing from your Democratic friends, 237 00:13:19,320 --> 00:13:22,280 Speaker 1: from your Democratic colleagues, Because when I was talking with 238 00:13:22,400 --> 00:13:25,360 Speaker 1: the source very close to the Democratic National Committee about 239 00:13:25,360 --> 00:13:27,280 Speaker 1: what it's, what the vibe is, for lack of a 240 00:13:27,320 --> 00:13:32,840 Speaker 1: better word, with Bernie Sanders potentially getting the nomination, this 241 00:13:32,880 --> 00:13:35,920 Speaker 1: source as well as other sources connected to the d 242 00:13:36,000 --> 00:13:38,520 Speaker 1: n C said they're they're fine with it. I mean, 243 00:13:38,559 --> 00:13:42,320 Speaker 1: if if that's your voters decide, then that's what voters decide. 244 00:13:42,360 --> 00:13:46,560 Speaker 1: I think that there's been this bevy of I would say, 245 00:13:46,760 --> 00:13:50,360 Speaker 1: not even reporting punditry of Oh, the d n C 246 00:13:50,400 --> 00:13:53,600 Speaker 1: would never accept Bernie Sanders to be the nominee, Max. 247 00:13:53,679 --> 00:13:55,920 Speaker 1: I mean they might not, they might not be their 248 00:13:55,960 --> 00:13:58,080 Speaker 1: first choice, but I don't know. Do you think people 249 00:13:58,080 --> 00:14:00,520 Speaker 1: would fall in line? Yeah? And I think that's that's 250 00:14:00,520 --> 00:14:02,880 Speaker 1: what I've largely heard, as well as that Bernie Sanders 251 00:14:02,920 --> 00:14:06,880 Speaker 1: is not yet unstoppable, but that if he continues to 252 00:14:06,920 --> 00:14:10,520 Speaker 1: build and picks up California on Super Tuesday, he's going 253 00:14:10,600 --> 00:14:14,160 Speaker 1: to stop a lot of the other campaigns and there's 254 00:14:14,200 --> 00:14:17,359 Speaker 1: just not going to be a path forward after Super Tuesday. 255 00:14:17,360 --> 00:14:20,360 Speaker 1: At the d n C, of course, isn't a monolithic thing. 256 00:14:20,360 --> 00:14:22,400 Speaker 1: There are people in the d n C who supported 257 00:14:22,400 --> 00:14:27,240 Speaker 1: Sanders in there are people who vehemently opposed him, and 258 00:14:27,480 --> 00:14:30,200 Speaker 1: they're going to go forward with the process. They have 259 00:14:30,680 --> 00:14:33,560 Speaker 1: the challenges if we get to a convention where there's 260 00:14:33,680 --> 00:14:36,760 Speaker 1: not a nominee, and we get to a second ballot 261 00:14:36,760 --> 00:14:40,040 Speaker 1: and these super delegates come in, what does Bernie Sanders do? 262 00:14:40,480 --> 00:14:44,600 Speaker 1: Because how he responds to that situation will give the 263 00:14:44,720 --> 00:14:47,960 Speaker 1: light to his supporters to either come in and make 264 00:14:48,040 --> 00:14:51,520 Speaker 1: this a really strong cycle, or or they'll desert and 265 00:14:51,560 --> 00:14:54,480 Speaker 1: sit at home, and that would be a ruinous situation. 266 00:14:54,720 --> 00:14:56,280 Speaker 1: All right. I want to be careful here because the 267 00:14:56,680 --> 00:15:02,040 Speaker 1: rules for the Democratic presidential UH nomination process. They're complex 268 00:15:02,200 --> 00:15:07,600 Speaker 1: and they're wonky, And so there are three thousand, nine 269 00:15:07,720 --> 00:15:14,120 Speaker 1: hundred and seventy nine pledged delegates in total. You need 270 00:15:14,200 --> 00:15:18,320 Speaker 1: a minimum of one thousand, nine hundred and ninety one 271 00:15:18,520 --> 00:15:23,040 Speaker 1: to win the Democratic nomination on the first ballot. So 272 00:15:23,080 --> 00:15:25,400 Speaker 1: then you get into the whole super delegate and whatnot. 273 00:15:25,680 --> 00:15:28,720 Speaker 1: But the magic number to be watching for is one thousand, 274 00:15:28,840 --> 00:15:34,240 Speaker 1: nine hundred and nine one. As it stands now, Sanders one, 275 00:15:34,400 --> 00:15:40,320 Speaker 1: Warren has eight, Clobachar has seven, Biden has six. So quickly, 276 00:15:40,560 --> 00:15:43,840 Speaker 1: and like the nine seconds we have left, Max. As 277 00:15:43,880 --> 00:15:46,480 Speaker 1: a follow up to everything that you and and John 278 00:15:46,560 --> 00:15:49,600 Speaker 1: just laid out, let's say we get to the convention 279 00:15:49,680 --> 00:15:55,720 Speaker 1: this summer and Sanders doesn't have to win on the 280 00:15:55,760 --> 00:15:59,000 Speaker 1: first ballot, but he's got fifteen hundred, give or take. 281 00:15:59,840 --> 00:16:04,680 Speaker 1: Is that enough for another candidate to take it from them? 282 00:16:05,720 --> 00:16:08,000 Speaker 1: I wouldn't rule one out because I think that show 283 00:16:08,080 --> 00:16:10,000 Speaker 1: if you get to the convention and you don't have 284 00:16:10,120 --> 00:16:13,520 Speaker 1: enough delegates to be the nominee, that showcases your own 285 00:16:13,560 --> 00:16:18,400 Speaker 1: weakness to build a winning coalition and any time. But 286 00:16:18,480 --> 00:16:20,920 Speaker 1: if you have more delegates than all the others, is 287 00:16:20,960 --> 00:16:24,040 Speaker 1: that enough like, if he's finishing his first place, is 288 00:16:24,080 --> 00:16:28,240 Speaker 1: that enough? It's certainly a strong statement in in his favor, 289 00:16:28,400 --> 00:16:31,560 Speaker 1: and I think that would in most cases be enough 290 00:16:31,600 --> 00:16:34,240 Speaker 1: to put him over. But this is a cycle unlike 291 00:16:34,360 --> 00:16:36,840 Speaker 1: any that we've seen. And we've seen candidates here who 292 00:16:36,880 --> 00:16:39,160 Speaker 1: are going to come in uh likely with a not 293 00:16:39,280 --> 00:16:42,400 Speaker 1: insignificant amount of delegates as well, and there might be 294 00:16:42,480 --> 00:16:46,120 Speaker 1: people who are skeptical or worried about what a Sanders 295 00:16:46,160 --> 00:16:49,840 Speaker 1: candidacy looks like. So that's going to create more opportunities 296 00:16:49,840 --> 00:16:53,600 Speaker 1: than usual for fractures. That is fascinating. That is that 297 00:16:53,760 --> 00:16:58,120 Speaker 1: is incredibly fascinating, especially as it looks like I mean, 298 00:16:58,200 --> 00:17:00,280 Speaker 1: we won't know until I guess, so we can half 299 00:17:00,320 --> 00:17:03,520 Speaker 1: after Super Tuesday what what exactly the final score will 300 00:17:03,560 --> 00:17:07,000 Speaker 1: be coming up? Roger Stone sentenced today what that means? 301 00:17:07,200 --> 00:17:11,480 Speaker 1: And Grannell Grannelle for the Director of National Intelligence. We've 302 00:17:11,480 --> 00:17:13,480 Speaker 1: got John s Lees in the house to break that 303 00:17:13,600 --> 00:17:16,159 Speaker 1: down as well. Download The Bloomberg's Own on podcast on 304 00:17:16,200 --> 00:17:18,440 Speaker 1: Apple iTunes, at Bloomberg dot com, or by download the 305 00:17:18,440 --> 00:17:20,840 Speaker 1: Bloomberg Business App. You can also find me on Radio 306 00:17:20,920 --> 00:17:23,800 Speaker 1: dot com, I Heart Radio and Spotify and Kevin Cirelli 307 00:17:23,880 --> 00:17:27,080 Speaker 1: chief Washington correspondent for Boomberg Television and Bloomberg Radio. I'm 308 00:17:27,080 --> 00:17:38,040 Speaker 1: still stuck in Vegas. You're listening to Bloomberg One. You're 309 00:17:38,080 --> 00:17:41,959 Speaker 1: listening to Bloomberg Sound On with Kevin Surley on Bloomberg 310 00:17:43,040 --> 00:17:45,359 Speaker 1: and one oh five point seven f M H D two. 311 00:17:46,080 --> 00:17:50,000 Speaker 1: But it happened to Rogerston, and it happened to General Flynn, 312 00:17:51,040 --> 00:17:54,040 Speaker 1: and it happened I won't name names, happened to a 313 00:17:54,040 --> 00:17:57,480 Speaker 1: lot of people and destroyed a lot of people's lives. 314 00:17:58,440 --> 00:18:00,679 Speaker 1: And I'm here to make a fair sis to again. 315 00:18:02,720 --> 00:18:08,560 Speaker 1: That was President Donald Trump speaking earlier today after Roger Stone, 316 00:18:08,880 --> 00:18:13,120 Speaker 1: his longtime political guy, for lack of a better word, 317 00:18:13,640 --> 00:18:17,000 Speaker 1: was sentenced to forty months behind bars, three years than 318 00:18:17,040 --> 00:18:19,920 Speaker 1: a third, the three three and the third years behind 319 00:18:19,920 --> 00:18:23,560 Speaker 1: bars for obstructing a congressional investigation, amongst some other charges 320 00:18:24,000 --> 00:18:29,440 Speaker 1: in the presidential election meddling. I'm Kevin Sireli, chief Washington 321 00:18:29,440 --> 00:18:32,040 Speaker 1: correspondent for Boomberg Television of Boomberg Radio. I'm in the 322 00:18:32,119 --> 00:18:35,800 Speaker 1: Las Vegas desert where it's like right by the airport, 323 00:18:36,440 --> 00:18:39,760 Speaker 1: and I'm in the desert getting back to d C tonight. 324 00:18:40,400 --> 00:18:43,399 Speaker 1: But we've got Max Burns democratic strategist holding down the 325 00:18:43,400 --> 00:18:46,880 Speaker 1: fort at the Bloomberg World headquarters in New York City. 326 00:18:47,160 --> 00:18:53,320 Speaker 1: And John Cielites, who is in Washington, d C. And he, 327 00:18:53,440 --> 00:18:56,560 Speaker 1: of course is a geopolitical strategist at Trilogy Advisors and 328 00:18:56,560 --> 00:18:59,720 Speaker 1: its diplomacy coordinator under contract to the U. S. State 329 00:18:59,760 --> 00:19:03,840 Speaker 1: to part. But John, wait in here on Roger Stone 330 00:19:04,200 --> 00:19:07,760 Speaker 1: and the president's remarks and whether or not you think 331 00:19:07,760 --> 00:19:12,720 Speaker 1: we're gonna see a pardon. Well, first of all, it's 332 00:19:12,720 --> 00:19:16,200 Speaker 1: a challenge keeping up at the president's remarks because just 333 00:19:16,440 --> 00:19:19,360 Speaker 1: tell me about elet hours ago, he was talking openly 334 00:19:19,400 --> 00:19:24,399 Speaker 1: about liking to see Roger Stone exonerated. And we're not 335 00:19:24,440 --> 00:19:27,440 Speaker 1: sure what exactly that means because he has been sentenced 336 00:19:27,440 --> 00:19:29,439 Speaker 1: to forty months. It's a lot less than what the 337 00:19:29,480 --> 00:19:33,040 Speaker 1: prosecutors had wanted, but it's a lot more than what 338 00:19:33,200 --> 00:19:36,760 Speaker 1: his defense lawyers had asked for probation essentially, And I 339 00:19:36,800 --> 00:19:38,760 Speaker 1: think the question is going to be to what extent 340 00:19:38,880 --> 00:19:42,560 Speaker 1: is the President seriously considering a full pardon? Is he 341 00:19:42,720 --> 00:19:47,399 Speaker 1: perhaps considering commuting the sentence, maybe even allowing Stone to 342 00:19:47,440 --> 00:19:51,600 Speaker 1: serve sometime. I mean, he did commit crimes, and they 343 00:19:51,640 --> 00:19:56,040 Speaker 1: were committed. I suppose one could argue because Stone thought 344 00:19:56,080 --> 00:19:59,040 Speaker 1: that he was doing the president a personal favor, and 345 00:19:59,160 --> 00:20:02,120 Speaker 1: so how do the optics look for Trump or does 346 00:20:02,119 --> 00:20:04,639 Speaker 1: Trump believe that none of this really matters to his 347 00:20:04,720 --> 00:20:07,919 Speaker 1: voters anyway, It'll get the media up in arms and 348 00:20:07,960 --> 00:20:11,040 Speaker 1: of course the Democratic candidates um, but it may not 349 00:20:11,119 --> 00:20:15,159 Speaker 1: affect his electoral chances at all. So this is just 350 00:20:15,320 --> 00:20:18,040 Speaker 1: it's such a mystery to understand how he's looking at 351 00:20:18,080 --> 00:20:20,800 Speaker 1: this right now. But clearly something good is going to 352 00:20:20,840 --> 00:20:24,080 Speaker 1: happen to Roger Stone if the President is talking about exoneration, 353 00:20:24,359 --> 00:20:26,560 Speaker 1: the details of which will simply have to wait for 354 00:20:27,920 --> 00:20:33,320 Speaker 1: I think that's interesting because, uh, prosecutors at the Justice 355 00:20:33,359 --> 00:20:37,560 Speaker 1: Department initially had sought a sentence just to remind everybody 356 00:20:37,600 --> 00:20:41,840 Speaker 1: of nine years. Then you had senior officials at the 357 00:20:41,960 --> 00:20:46,720 Speaker 1: Justice Department calling for a lesser sentence, and then Attorney 358 00:20:46,800 --> 00:20:50,120 Speaker 1: General William Barr had moved to intervene. I'm reading from 359 00:20:50,119 --> 00:20:54,920 Speaker 1: Fox News to stone sentencing, which led to all four 360 00:20:54,960 --> 00:20:57,200 Speaker 1: members of the prosecution team quitting in the case. So 361 00:20:57,240 --> 00:21:00,000 Speaker 1: there's been a lot of drama, not just around Roger Stone, 362 00:21:01,000 --> 00:21:05,080 Speaker 1: but around this case Max Burns. And this is exactly 363 00:21:05,119 --> 00:21:08,280 Speaker 1: the kind of situation that people like Hillary Clinton and 364 00:21:08,320 --> 00:21:13,560 Speaker 1: even Jeb bush In warned about when saying that the 365 00:21:13,600 --> 00:21:17,919 Speaker 1: institutions of this government are in jeopardy when you don't 366 00:21:18,240 --> 00:21:22,920 Speaker 1: care about legal process or the way that the law 367 00:21:23,000 --> 00:21:26,399 Speaker 1: is supposed to work. The Justice Department we're seeing now 368 00:21:26,520 --> 00:21:32,359 Speaker 1: in actions is delegitimizing itself. We saw it just yesterday 369 00:21:32,440 --> 00:21:34,719 Speaker 1: or a couple of days ago. We saw pardons for 370 00:21:34,800 --> 00:21:38,239 Speaker 1: a slew of people who are influential friends of the 371 00:21:38,240 --> 00:21:43,160 Speaker 1: president who were also convicted of fraud and corruption related crimes. 372 00:21:43,600 --> 00:21:46,480 Speaker 1: And the lesson here is deafening is that if your 373 00:21:46,720 --> 00:21:50,440 Speaker 1: on Donald Trump's good side, and you can commit crimes 374 00:21:50,520 --> 00:21:54,000 Speaker 1: at will, and you will be commuted or pardoned, and 375 00:21:54,040 --> 00:21:57,040 Speaker 1: the Justice Department will have your back. And that is 376 00:21:57,080 --> 00:22:01,639 Speaker 1: a terribly disruptive message to send to people who desperately 377 00:22:01,680 --> 00:22:04,760 Speaker 1: need to believe that the Justice Department is acting in 378 00:22:04,800 --> 00:22:07,320 Speaker 1: the best interests of this country. Okay, so that's the 379 00:22:07,320 --> 00:22:11,800 Speaker 1: democratic perspective, but John, from a conservative perspective, they feel 380 00:22:11,840 --> 00:22:15,240 Speaker 1: that the entire investigation into that, you know, with the 381 00:22:15,240 --> 00:22:19,879 Speaker 1: impeachment and the election, there are a large number of 382 00:22:19,880 --> 00:22:24,159 Speaker 1: people who feel that the whole thing was a sham. 383 00:22:24,200 --> 00:22:27,520 Speaker 1: As President Trump has said, uh, you're a spot on there, Kevin. 384 00:22:27,560 --> 00:22:30,200 Speaker 1: And that's certainly the perspective from the President on down 385 00:22:30,200 --> 00:22:32,439 Speaker 1: at the White House and to his supporters that this 386 00:22:32,680 --> 00:22:37,840 Speaker 1: entire Bob Muller investigation was based on, you know, paid 387 00:22:37,840 --> 00:22:40,480 Speaker 1: for research by the Hillary Clinton campaign and the d 388 00:22:40,600 --> 00:22:44,560 Speaker 1: n C in and that the Justice Department officials de 389 00:22:44,760 --> 00:22:49,439 Speaker 1: legitimized the Justice Department itself and especially the FBI. And 390 00:22:49,440 --> 00:22:51,400 Speaker 1: so what you have right now in many ways, I think, 391 00:22:51,480 --> 00:22:54,359 Speaker 1: and what with this this is revealing is the termoil 392 00:22:54,440 --> 00:22:58,320 Speaker 1: inside the Justice Department between those bureaucrats who feel that 393 00:22:58,800 --> 00:23:01,359 Speaker 1: it's okay to push the envelope if you feel that 394 00:23:01,440 --> 00:23:04,320 Speaker 1: the president is not somebody who is legitimately permitted to 395 00:23:04,320 --> 00:23:08,320 Speaker 1: serve out his office, versus those say around UH Attorney 396 00:23:08,320 --> 00:23:11,160 Speaker 1: General Barr right now, who are saying the Justice Department 397 00:23:11,200 --> 00:23:13,720 Speaker 1: can never get involved and can never skirt the law 398 00:23:14,240 --> 00:23:17,680 Speaker 1: or engage in submitting false evidence and lying to fights 399 00:23:17,760 --> 00:23:20,800 Speaker 1: the judges, that this whole process needs to be cleaned out. 400 00:23:21,040 --> 00:23:24,240 Speaker 1: And even the four prosecutors who resigned from the case, 401 00:23:24,520 --> 00:23:27,119 Speaker 1: they're all holdovers on the Bob Mueller team. So I 402 00:23:27,119 --> 00:23:29,679 Speaker 1: don't think the President cares at all that any of 403 00:23:29,680 --> 00:23:32,560 Speaker 1: these individuals are resigning from the case, or say the 404 00:23:32,600 --> 00:23:37,760 Speaker 1: two thousand former Justice Department attorneys and officials who sent 405 00:23:37,840 --> 00:23:41,520 Speaker 1: in a letter calling on bar to resign. Uh. It's 406 00:23:41,520 --> 00:23:43,800 Speaker 1: a different type of politics where I think the president 407 00:23:43,840 --> 00:23:46,720 Speaker 1: going back to ten, being able to shoot someone on 408 00:23:46,800 --> 00:23:49,879 Speaker 1: Fifth Avenue and not lose any support is still holding 409 00:23:49,920 --> 00:23:53,080 Speaker 1: in many ways. So I think right now after the acquittal, 410 00:23:53,480 --> 00:23:56,440 Speaker 1: he feels undaunted and trying to continue to clean out 411 00:23:56,480 --> 00:24:00,600 Speaker 1: what he sees as highly problematic oppositional force is inside 412 00:24:00,600 --> 00:24:03,320 Speaker 1: the federal Brauquois. All right, yes or no? Have you 413 00:24:03,359 --> 00:24:10,440 Speaker 1: seen the Rogerstone documentary on Netflix? Have not? Come on? 414 00:24:11,920 --> 00:24:14,600 Speaker 1: You guys have homework this weekend. It's it's a It's 415 00:24:14,600 --> 00:24:16,760 Speaker 1: a good watch if you're interested, regardless of what you 416 00:24:16,800 --> 00:24:19,239 Speaker 1: think of him. Um. And something tells me there will 417 00:24:19,280 --> 00:24:22,320 Speaker 1: be a sequel that that when he's out from his 418 00:24:22,400 --> 00:24:24,240 Speaker 1: gag order. I don't know. I don't have any reporting 419 00:24:24,240 --> 00:24:26,960 Speaker 1: to back that up. I'm I'm hypothesizing. All right, another 420 00:24:27,040 --> 00:24:28,720 Speaker 1: big story. We're gonna start with this and if we 421 00:24:28,760 --> 00:24:31,080 Speaker 1: have to carry over into what's coming up, then then 422 00:24:31,080 --> 00:24:34,280 Speaker 1: we totally will. Uh. The ambassador to Germany for the 423 00:24:34,359 --> 00:24:36,959 Speaker 1: United States Richard Grinnell has been tapped to be the 424 00:24:37,040 --> 00:24:43,120 Speaker 1: acting Director of National Intelligence. Uh, there's John Celiti's I'd 425 00:24:43,200 --> 00:24:45,760 Speaker 1: love to get your take on what you're hearing from 426 00:24:45,760 --> 00:24:48,240 Speaker 1: your colleagues that you work with over at the State's Apartment, 427 00:24:48,440 --> 00:24:51,640 Speaker 1: but also in the intelligence community, and of course from 428 00:24:51,720 --> 00:24:55,800 Speaker 1: Republicans up on the hill. Well, this is, in many ways, Kevin, 429 00:24:55,800 --> 00:24:59,320 Speaker 1: a continuation of what we just discussed at the Justice Department. 430 00:24:59,760 --> 00:25:02,760 Speaker 1: The Justice Department, thank you, that was what Well, it's 431 00:25:02,760 --> 00:25:07,159 Speaker 1: a beautiful segue, Kevin is um the sense that the 432 00:25:07,160 --> 00:25:10,600 Speaker 1: president was also besieged by leak after leak after leak 433 00:25:10,840 --> 00:25:14,320 Speaker 1: from the intelligence community over the last three years and 434 00:25:14,440 --> 00:25:17,919 Speaker 1: especially during the campaign, but even into his presidency. And 435 00:25:17,960 --> 00:25:19,879 Speaker 1: so I think what the President has done now and 436 00:25:20,040 --> 00:25:24,199 Speaker 1: selecting Ambassador Grennell is to bring a highly effective but 437 00:25:24,320 --> 00:25:27,119 Speaker 1: more importantly for the president at this point, a highly 438 00:25:27,160 --> 00:25:31,359 Speaker 1: trustworthy loyalist to come in and service acting D and 439 00:25:31,440 --> 00:25:33,200 Speaker 1: I right, because if he were coming in his full 440 00:25:33,280 --> 00:25:34,800 Speaker 1: D and I, he'd have to go through a Senate 441 00:25:34,840 --> 00:25:37,679 Speaker 1: confirmation process. And I don't think the president's looking for 442 00:25:37,760 --> 00:25:40,520 Speaker 1: Grennell in that position quite yet. Grannell may come out 443 00:25:40,560 --> 00:25:44,160 Speaker 1: to the campaign actually later on in. But he wants 444 00:25:44,160 --> 00:25:49,240 Speaker 1: a trustworthy loyalist who's done terrific work in coordinating intelligence 445 00:25:49,240 --> 00:25:53,200 Speaker 1: and national security, in our bilateral relations with Germany, getting 446 00:25:53,280 --> 00:25:57,280 Speaker 1: NATO to spend closer to the two percent commitment Russia, 447 00:25:57,400 --> 00:26:01,399 Speaker 1: and natural a whole range of issues. Kevin and and 448 00:26:01,440 --> 00:26:04,720 Speaker 1: I think the presidencies that Grinnell has done a superb 449 00:26:04,840 --> 00:26:08,320 Speaker 1: job from the President's perspective and from a political vantage point. 450 00:26:08,920 --> 00:26:11,879 Speaker 1: The fact that Grinnell is openly gay. It's not a 451 00:26:11,960 --> 00:26:15,879 Speaker 1: qualification for for acting dn I, but it's historic and 452 00:26:15,920 --> 00:26:19,000 Speaker 1: it's significant, and that he's the first openly gay cabinet 453 00:26:19,000 --> 00:26:21,879 Speaker 1: member in US history. And so if this is happening 454 00:26:21,920 --> 00:26:24,400 Speaker 1: on the President Trump, so I think that's just icing 455 00:26:24,440 --> 00:26:27,520 Speaker 1: on the cake. But if you weren't a loyalist and 456 00:26:27,560 --> 00:26:31,400 Speaker 1: trustworthy and highly effective, he wouldn't be in this position. Okay, 457 00:26:31,440 --> 00:26:34,040 Speaker 1: So we've got sixty seconds left, and we're going to 458 00:26:34,119 --> 00:26:37,120 Speaker 1: continue this coming up on the show, because there's more 459 00:26:37,160 --> 00:26:39,120 Speaker 1: to this, but just to tee it up for what's 460 00:26:39,119 --> 00:26:42,080 Speaker 1: coming up next. Maggie Haberman reporting in The New York 461 00:26:42,080 --> 00:26:45,639 Speaker 1: Times with Julian E. Barnes that under federal law, Richard 462 00:26:45,680 --> 00:26:48,720 Speaker 1: Grinnell the new acting Director of National Intelligence may be 463 00:26:48,840 --> 00:26:53,280 Speaker 1: able to serve only a few weeks unless the President 464 00:26:53,359 --> 00:26:57,720 Speaker 1: nominates someone to take on the job permanently. And that's 465 00:26:57,720 --> 00:27:01,640 Speaker 1: why you're seeing what John just described as this this 466 00:27:01,760 --> 00:27:04,680 Speaker 1: debate about whether or not Senate Republicans will get on 467 00:27:04,760 --> 00:27:07,119 Speaker 1: board with this because they would like to see someone 468 00:27:07,160 --> 00:27:09,760 Speaker 1: more permanently and to go. But this issue of a 469 00:27:09,800 --> 00:27:14,680 Speaker 1: Senate confirmation process has really thrown a wrench in the process. 470 00:27:14,760 --> 00:27:18,200 Speaker 1: Coming up, we're gonna talk more Grinnell and we're gonna 471 00:27:18,240 --> 00:27:21,320 Speaker 1: talk about what's on the Quick Take panel. What's the 472 00:27:21,400 --> 00:27:24,400 Speaker 1: panel's quick take on their radar. I'm Kevin Cirelli, Chief 473 00:27:24,400 --> 00:27:28,040 Speaker 1: Washington correspondent for Bloomberg Television and Bloomberg Radio, and you're 474 00:27:28,080 --> 00:27:43,160 Speaker 1: listening to Bloomberg. This is Bloomberg Sound On with Kevin 475 00:27:43,200 --> 00:27:47,440 Speaker 1: Surreley on Bloomberg and one oh five point seven F 476 00:27:47,560 --> 00:27:51,400 Speaker 1: M h D two. I'm Kevin Cirelli, Chief Washington correspondent 477 00:27:51,440 --> 00:27:53,560 Speaker 1: f Bloomberg Television and Woomberg Radio. I will not be 478 00:27:53,600 --> 00:27:57,120 Speaker 1: broadcasting on Friday, but I will be back next week 479 00:27:57,160 --> 00:28:00,240 Speaker 1: and we are, I believe, headed to South Carolina, Nina 480 00:28:00,800 --> 00:28:05,439 Speaker 1: for the debate on Tuesday. The Democratic presidential debate. It's 481 00:28:05,480 --> 00:28:08,440 Speaker 1: getting really interesting, for lack of a better word, And 482 00:28:08,520 --> 00:28:12,160 Speaker 1: I'm still in Nevada, Nevada, I can't say that Nevada. 483 00:28:12,200 --> 00:28:15,879 Speaker 1: I'm in Las Vegas because we were re covering whatever 484 00:28:15,920 --> 00:28:18,560 Speaker 1: you want to call that thing last night. Joining me 485 00:28:18,760 --> 00:28:22,480 Speaker 1: from New York City is Max Burns, a Democratic strategist, 486 00:28:22,640 --> 00:28:27,240 Speaker 1: and John Clitis in our Washington d C Bureau who's 487 00:28:27,280 --> 00:28:32,320 Speaker 1: just a consummate insider of all things Washington and State's 488 00:28:32,320 --> 00:28:36,159 Speaker 1: Department and foreign policy world. And just to put an 489 00:28:36,240 --> 00:28:39,440 Speaker 1: endpoint on what we were just talking about with Richard Grinnell, 490 00:28:39,880 --> 00:28:42,880 Speaker 1: Max Burns being named by the President as the acting 491 00:28:42,920 --> 00:28:45,800 Speaker 1: Director of National Intelligence and this question mark as to 492 00:28:45,840 --> 00:28:49,240 Speaker 1: whether or not he could get aesthetic confirmation and and 493 00:28:49,360 --> 00:28:52,240 Speaker 1: being more permanent. I wanted to give you the opportunity 494 00:28:52,320 --> 00:28:56,200 Speaker 1: to offer us what you're hearing from your Democratic friends. 495 00:28:56,840 --> 00:29:01,400 Speaker 1: This is just another example of how norm are being trampled. 496 00:29:02,040 --> 00:29:05,800 Speaker 1: We have the Senate, which has the obligation to confirm 497 00:29:05,880 --> 00:29:10,000 Speaker 1: these nominees, but we're bouncing now from an outgoing acting 498 00:29:10,040 --> 00:29:15,720 Speaker 1: director to another acting director and completely circumventing the process 499 00:29:15,760 --> 00:29:20,080 Speaker 1: of Senate accountability. Now that's concerning not just for Trump, 500 00:29:20,480 --> 00:29:23,480 Speaker 1: but for presidents in the future as and it shows 501 00:29:23,560 --> 00:29:28,960 Speaker 1: the necessity of formalizing some tougher regulations on how all 502 00:29:29,000 --> 00:29:32,280 Speaker 1: of this is handled so that we can't just jump 503 00:29:32,720 --> 00:29:36,560 Speaker 1: from one acting director to another and avoid having to 504 00:29:36,600 --> 00:29:40,400 Speaker 1: be accountable to a coequal branch of government. Okay, I 505 00:29:40,480 --> 00:29:43,080 Speaker 1: hear you on that. It's now time for my favorite 506 00:29:43,120 --> 00:29:45,720 Speaker 1: part of the program, the quick take. What's your quick take? 507 00:29:45,760 --> 00:29:48,880 Speaker 1: That's on your radar? Where our panel tells us one 508 00:29:49,000 --> 00:29:51,760 Speaker 1: thing that they're following that they're tracking that doesn't really 509 00:29:51,760 --> 00:29:53,800 Speaker 1: get a lot of attention, but they wish that it does. 510 00:29:54,480 --> 00:29:57,360 Speaker 1: And you know what, it's a coin toss. Who wants 511 00:29:57,400 --> 00:30:01,760 Speaker 1: to go first? Don't speak all at once? Wow, Okay 512 00:30:01,800 --> 00:30:05,080 Speaker 1: for that, John, You're up first. Well, Kevin, I can 513 00:30:05,200 --> 00:30:08,480 Speaker 1: tell you that it's a topic that nobody is talking about. Unfortunately, 514 00:30:08,520 --> 00:30:10,360 Speaker 1: it's a topic that everyone is talking about, but I 515 00:30:10,360 --> 00:30:12,480 Speaker 1: want to bring a different perspective to it, and that's 516 00:30:12,520 --> 00:30:17,280 Speaker 1: the coronavirus outbreak. Appreciate that. And I'm following this very closely. 517 00:30:17,520 --> 00:30:22,040 Speaker 1: I'm gravely concerned that the Chinese Communist Party authorities are 518 00:30:22,080 --> 00:30:25,080 Speaker 1: simply not telling the rest of the world everything that 519 00:30:25,120 --> 00:30:28,640 Speaker 1: we need to know about UH, the pace of transmission, 520 00:30:29,040 --> 00:30:33,040 Speaker 1: the demographic breakdown of who is most susceptible, both in 521 00:30:33,120 --> 00:30:36,080 Speaker 1: terms of symptoms and of deaths. And I think from 522 00:30:36,120 --> 00:30:38,640 Speaker 1: an economic and financial perspective, I think there's going to 523 00:30:38,720 --> 00:30:42,240 Speaker 1: be a long term shift in supply chain activity. A 524 00:30:42,320 --> 00:30:44,360 Speaker 1: number of companies that we're looking to move out of 525 00:30:44,440 --> 00:30:47,960 Speaker 1: China because of lower costs in Southeast Asia and India 526 00:30:48,040 --> 00:30:51,000 Speaker 1: and Africa are going to be making much more determined 527 00:30:51,040 --> 00:30:53,800 Speaker 1: decisions because I think they're going to see that China 528 00:30:53,920 --> 00:30:57,240 Speaker 1: is simply an unreliable market when you're talking about strategic 529 00:30:57,280 --> 00:31:02,720 Speaker 1: supply chains, for instance, incentive US pharmaceuticals and medical equipment 530 00:31:02,760 --> 00:31:06,120 Speaker 1: and supplies are manufactured in China. If this goes on 531 00:31:06,200 --> 00:31:08,320 Speaker 1: for three or four or five months, you're going to 532 00:31:08,360 --> 00:31:11,280 Speaker 1: see a very serious impact on the health of the 533 00:31:11,280 --> 00:31:15,320 Speaker 1: most vulnerable Americans. See that's that's such a great point. 534 00:31:15,320 --> 00:31:16,880 Speaker 1: And when I when I spoke to Jared Kushner a 535 00:31:16,920 --> 00:31:21,360 Speaker 1: couple of weeks ago, he said that they were satisfied. 536 00:31:21,440 --> 00:31:23,280 Speaker 1: He told me with how China has been responding, and 537 00:31:23,280 --> 00:31:26,320 Speaker 1: the President, for his part, has been largely praiseworthy. Secretary 538 00:31:26,400 --> 00:31:29,600 Speaker 1: State Mike Pompeo also not weighing in in a critical 539 00:31:29,600 --> 00:31:36,160 Speaker 1: sense too, how the General Secretary Shi jing Ping of 540 00:31:36,200 --> 00:31:39,920 Speaker 1: the Communist Party of China has been handling the coronavirus, 541 00:31:40,040 --> 00:31:43,640 Speaker 1: and that said, he has been taking a very aggressive 542 00:31:43,680 --> 00:31:48,600 Speaker 1: approach and against uh she and how that's been whole, 543 00:31:48,680 --> 00:31:51,720 Speaker 1: that whole on a host of other issues. So I 544 00:31:51,720 --> 00:31:53,520 Speaker 1: think it's a great thing that we've been continuing to 545 00:31:53,600 --> 00:31:57,520 Speaker 1: monitor here specifically on this program. And obviously my colleagues 546 00:31:57,680 --> 00:32:02,080 Speaker 1: around the world have been doing just incredible report on 547 00:32:02,080 --> 00:32:04,080 Speaker 1: on the coronavirus as a whole and it's impact on 548 00:32:04,080 --> 00:32:07,200 Speaker 1: the market. So I appreciate that, John Uh. Next, do 549 00:32:07,240 --> 00:32:09,240 Speaker 1: you want to weigh in on the coronavirus before I 550 00:32:09,280 --> 00:32:11,320 Speaker 1: ask you for your quick take? Yeah? I think this 551 00:32:11,440 --> 00:32:15,640 Speaker 1: shows a serious challenge also domestically within China. We're seeing 552 00:32:16,440 --> 00:32:20,960 Speaker 1: groups domestically on the mainland saying we want the freedom 553 00:32:21,120 --> 00:32:25,160 Speaker 1: of speech and communication to transmit this information. It is 554 00:32:25,240 --> 00:32:28,520 Speaker 1: in silence that this is spreading, and it's denying people 555 00:32:29,080 --> 00:32:32,920 Speaker 1: in these crisis zones the ability to take precautions, and 556 00:32:32,960 --> 00:32:35,560 Speaker 1: that's I think a step that the Chinese are not 557 00:32:35,640 --> 00:32:40,200 Speaker 1: quite prepared to see. All right, your turn for what's 558 00:32:40,200 --> 00:32:43,200 Speaker 1: your quick take? So on my radar is actually expanding 559 00:32:43,280 --> 00:32:47,120 Speaker 1: on the Rick Grinnell situation. Is the hearing that took 560 00:32:47,160 --> 00:32:52,040 Speaker 1: place with Acting DNA Joseph McGuire, where he said in 561 00:32:52,080 --> 00:32:57,480 Speaker 1: the Senate that Russia is still actively working too interfere 562 00:32:57,520 --> 00:33:01,640 Speaker 1: with the election with the goal helping Donald Trump. And 563 00:33:01,720 --> 00:33:05,800 Speaker 1: this is not MSNBC saying that it's not Democrats. This 564 00:33:05,840 --> 00:33:10,360 Speaker 1: is Donald Trump's acting Director of National Intelligence. And perhaps 565 00:33:10,400 --> 00:33:13,480 Speaker 1: one of the reasons that McGuire was suddenly pushed out 566 00:33:13,480 --> 00:33:17,800 Speaker 1: the door was this very critical hearing that raises serious 567 00:33:17,880 --> 00:33:21,600 Speaker 1: questions about what we're doing to protect our election from 568 00:33:21,640 --> 00:33:24,960 Speaker 1: foreign interference. Okay, you're what you're referencing is a story 569 00:33:25,000 --> 00:33:28,640 Speaker 1: that just popped UH within the last hour in the 570 00:33:28,640 --> 00:33:31,880 Speaker 1: New York Times by Adam Goldman, Julian E. Barnes, and 571 00:33:31,920 --> 00:33:38,160 Speaker 1: Maggie Haberman UH and Joe McGuire, the UH outgoing Acting 572 00:33:38,160 --> 00:33:42,120 Speaker 1: Director of National Intelligence on February at a closed door 573 00:33:42,240 --> 00:33:49,640 Speaker 1: briefing with lawmakers UM in which he warned House lawmakers. 574 00:33:49,640 --> 00:33:53,120 Speaker 1: Intelligence officials warned House lawmakers last week that Russia was 575 00:33:53,160 --> 00:33:56,520 Speaker 1: interfering in the campaign to try to get Trump reelected, 576 00:33:57,160 --> 00:34:01,720 Speaker 1: and that Trump didn't like that from taking place, but 577 00:34:01,840 --> 00:34:05,680 Speaker 1: that story is no doubt going to be discussed over 578 00:34:06,680 --> 00:34:10,360 Speaker 1: the next I don't know day, uh and well, and 579 00:34:10,480 --> 00:34:12,440 Speaker 1: to your point, I think is definitely something we'll be 580 00:34:12,480 --> 00:34:15,960 Speaker 1: watching because it does cast a shadow over the Grinnell 581 00:34:16,040 --> 00:34:20,440 Speaker 1: News and likely we'll have your questions about it, um 582 00:34:20,440 --> 00:34:23,080 Speaker 1: my turn now. And this is completely not related to 583 00:34:24,360 --> 00:34:27,839 Speaker 1: It's also not related to uh foreign policy at all, 584 00:34:27,840 --> 00:34:29,759 Speaker 1: but it is something that I just don't think is 585 00:34:29,800 --> 00:34:33,120 Speaker 1: getting enough attention, and it relates to Silicon Valley as 586 00:34:33,120 --> 00:34:36,040 Speaker 1: well as to YouTube and Google and big tech companies. 587 00:34:36,560 --> 00:34:41,839 Speaker 1: Alison Parker is a television correspondent who nearly five years ago, 588 00:34:42,239 --> 00:34:45,040 Speaker 1: and I'm reading from the verge nearly five years ago, 589 00:34:45,120 --> 00:34:49,520 Speaker 1: Alison Parker a young, talented television correspondent. She was murdered 590 00:34:49,560 --> 00:34:55,280 Speaker 1: on live television and that video is still still being 591 00:34:55,320 --> 00:34:59,480 Speaker 1: able to be accessed on social media platforms like YouTube 592 00:35:00,160 --> 00:35:03,560 Speaker 1: and like Google. Now. Her father, I can't even Her 593 00:35:03,640 --> 00:35:09,359 Speaker 1: father is today filed a complaint with the Federal Trade 594 00:35:09,400 --> 00:35:15,080 Speaker 1: Commission against Google, which owns YouTube, and is saying essentially 595 00:35:15,080 --> 00:35:18,960 Speaker 1: that they've totally botched the way that they've handled this video. 596 00:35:19,120 --> 00:35:24,680 Speaker 1: I can't even fathom the pain that her family, and 597 00:35:24,719 --> 00:35:26,480 Speaker 1: I'm not even going to speak in a cliche where 598 00:35:27,280 --> 00:35:31,800 Speaker 1: it's disgusting that these videos haven't been taken down. And 599 00:35:32,200 --> 00:35:35,000 Speaker 1: it's not opinion, it's fact, Max, I mean the pressure 600 00:35:35,040 --> 00:35:37,480 Speaker 1: that are on these big tech companies. I can't imagine 601 00:35:37,480 --> 00:35:41,080 Speaker 1: the pain that this father must feel. Yeah, and you're right, 602 00:35:41,120 --> 00:35:44,120 Speaker 1: it's disgusting. And the fact that it's clearly in violation 603 00:35:44,320 --> 00:35:47,080 Speaker 1: of all of their policies as well, and that it 604 00:35:47,120 --> 00:35:50,480 Speaker 1: has taken years and on some places, Uh, he's not 605 00:35:50,520 --> 00:35:53,239 Speaker 1: even been able to get responses on some of these 606 00:35:53,360 --> 00:35:58,600 Speaker 1: videos to be taken down. Is it defies belief, It's 607 00:35:58,600 --> 00:36:01,560 Speaker 1: suffies belief. And just in a statement that YouTube told 608 00:36:01,560 --> 00:36:05,279 Speaker 1: The Verge, a spokesperson for The Verge, a spokesperson for 609 00:36:05,400 --> 00:36:08,600 Speaker 1: YouTube told The Verge quote, we rigor rigorously enforced these 610 00:36:08,600 --> 00:36:12,480 Speaker 1: policies using a combination of machine learning technology and human review, 611 00:36:12,560 --> 00:36:14,800 Speaker 1: and over the last few years, we've removed thousands of 612 00:36:14,840 --> 00:36:18,200 Speaker 1: copies of this video for violating our policies. We will 613 00:36:18,200 --> 00:36:21,120 Speaker 1: continue to stay vigilant and improve our policy and enforcement. 614 00:36:21,280 --> 00:36:27,560 Speaker 1: I just John Cilitis your reaction. Yeah, I wish I 615 00:36:27,600 --> 00:36:30,200 Speaker 1: knew more about the type of processes that these companies 616 00:36:30,239 --> 00:36:33,200 Speaker 1: have to undergo in order to clean out the kind 617 00:36:33,200 --> 00:36:37,200 Speaker 1: of degradation and the kind of filth that permeates so 618 00:36:37,280 --> 00:36:39,920 Speaker 1: much of our social media and the like. But I 619 00:36:39,960 --> 00:36:42,720 Speaker 1: think this will only strengthen the hand of those voices 620 00:36:42,920 --> 00:36:45,440 Speaker 1: in the House of Representatives and the Senate that are 621 00:36:45,440 --> 00:36:48,400 Speaker 1: calling for stronger regulation of these platforms. In the years 622 00:36:48,440 --> 00:36:50,880 Speaker 1: to come, and depending on who wins the elections, you 623 00:36:50,920 --> 00:36:56,480 Speaker 1: may see a very different mood towards Silicon Valley. Starting alright, 624 00:36:56,600 --> 00:36:58,719 Speaker 1: John Max, thank you. We got to leave it there. 625 00:36:58,719 --> 00:37:01,400 Speaker 1: I'm Kevin Sirillichi bosh In, the correspondent for Bloomberg Television 626 00:37:01,400 --> 00:37:03,720 Speaker 1: and Bloomberg Radio. That's the quick take that's on my radar. 627 00:37:03,880 --> 00:37:08,480 Speaker 1: Thanks for listening to Bloomberg. M