Speaker 1: Now from our nation's capital. This is Bloomberg's Sound one nineties.
Speaker 1: Democrats have lost almost every major battle to Mitch McConnell
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Speaker 1: Everything Everything? Bloomberg Sound On with Joe Matthew on Bloomberg Radio.
Speaker 1: President Zelenski vows to take back Crimea as Ukraine prepares
Speaker 1: to celebrate its independence. Welcome to the fastest hour in politics,
Speaker 1: with fresh warnings of possible Russian attacks on Kiev as
Speaker 1: the war now hits the six month mark. Is this
Speaker 1: a turning point in the war. We'll discuss it with
Speaker 1: Melinda Herring of the Atlantic Council's Eurasia Center. Primary day
Speaker 1: in New York, among other places, Today, at least one
Speaker 1: incumbent in New York will lose a seat thanks to
Speaker 1: redistricting and We're gonna run through some important races in
Speaker 1: play tonight with former New York Congressman Joe Crowley. Analysis
Speaker 1: from the panel, Rick and Janie are with us Bloomberg
Speaker 1: Politics contributors Rick Davis and Jeanie Schanzano here for the
Speaker 1: hour and ever more confident posture today from President Vladimir's
Speaker 1: Lensky pledging on the eve of the war six month anniversary.
Speaker 1: Can you imagine the war that was supposed to be
Speaker 1: done in three days and tomorrow as well Ukrainian Independence Day,
Speaker 1: vowing to take back Crimea as part of this war
Speaker 1: with Russia. That Selenski in a video address, of course,
Speaker 1: the people of Ukraine have grown very used to them,
Speaker 1: saying there's a feeling literally in Crimea's air, that its
Speaker 1: occupation is temporary and that Ukraine is coming back. He
Speaker 1: later said to a virtual conference of nations the Crimea platform,
Speaker 1: that Ukraine must free Crimea from Russian occupation. As he
Speaker 1: talks here, he goes into the warn of possible Russian
Speaker 1: attacks tomorrow, that independence day, that six month mark, saying quote,
Speaker 1: Russia may try to do something particularly disgusting as Ukraine
Speaker 1: celebrates its thirty first independence day That's where we begin
Speaker 1: with Melinda Herring, Deputy director of the Atlantic Council's Euragius Center,
Speaker 1: former editor of the Atlantic Council's Ukraine Alert blog, which
Speaker 1: a lot of people were relying on. Melinda, thank you
Speaker 1: for being with us. Somehow, this war has reached the
Speaker 1: six month mark. Russia has been largely incapable of capitalizing
Speaker 1: on ground that it's taken. So are we at a
Speaker 1: turning point for Ukraine as you hear President Zelenski speak,
Speaker 1: or is there another six months of attrition? Jo No,
Speaker 1: I have to be uh, I have to be the
Speaker 1: skunked at the garden party. It's going to be a
Speaker 1: lot more than six months. Wants to wrap everything up
Speaker 1: by Christmas. This is going to drag on for a
Speaker 1: long long time. Unfortunately, Why does he think that crimea
Speaker 1: is in play? Obviously we saw a Ukrainian attack against
Speaker 1: some Russian forces there, we saw some mushroom clouds on
Speaker 1: the horizon. But why does he think he can retake
Speaker 1: that land in the middle of defending the rest of
Speaker 1: the country. Well, it's back up. There have been three
Speaker 1: big phases of the war. The first phase of the
Speaker 1: war was Kiev, and like you said, the Russians had
Speaker 1: this crazy idea that they could come in and strike
Speaker 1: and take the capital and install a pro Russian leader
Speaker 1: in three or four days, and they got their bots kicked.
Speaker 1: Phase two was focused on the Dawn Boss and the
Speaker 1: Russians did better, but it wasn't an overwhelming victory. These
Speaker 1: three is going to be focused on the South, and
Speaker 1: we're waiting for this thing that her song counter offensive,
Speaker 1: but it hasn't really materialized. And meanwhile, the Ukrainians have
Speaker 1: taken the initiative by bombing Crimea, and this is the
Speaker 1: first time it's happened. The Crimean peninsula was a vacation
Speaker 1: destination and it's been peaceful for eight years. So the message, look,
Speaker 1: you can take our lands, that they'll never be safe
Speaker 1: even if you take an annex her soon, even if
Speaker 1: you take these cities, we will come back and get them.
Speaker 1: That's a message to Zelinsky sending by these reconformings of Crimea.
Speaker 1: The opening months of the war really wrote a story,
Speaker 1: told a story about bravery, about loyalty, about you know,
Speaker 1: the fighting spirit for someone defending their land as opposed
Speaker 1: to a group of conscripts or poorly trained Russian soldiers.
Speaker 1: Really didn't want to go. How much of that spirit
Speaker 1: remains the part of the recipe of success here for
Speaker 1: Yukrane versus the billions of dollars and weapons at the
Speaker 1: US has sent so I can't really isolate which one
Speaker 1: is more important. I can I say both? Please? So
Speaker 1: the United States has sent an enormous amount of assistance.
Speaker 1: They just announced three billion more today. I think it's over.
Speaker 1: I think it's over thirteen billion dollars since Biden became president.
Speaker 1: It's it's a really big figure. But a of course,
Speaker 1: morale matters, and Ukrainians have been fighting since they know
Speaker 1: their territory better than the Russians too, and this is
Speaker 1: an existential fight. And the Ukrainians are really good and
Speaker 1: really smart and technically minded. So it really annoys me
Speaker 1: when the White House and the presidential administration here in
Speaker 1: d C. Has said, oh, the Ukrainians can't learn these
Speaker 1: technical systems, they're too hard, they're too complicated. That's nonsense.
Speaker 1: The Ukrainians have proven time and time again that they
Speaker 1: can figure things out and that they can make huge
Speaker 1: progress if we give them what they need. We're joined
Speaker 1: by Melinda Herring of the Atlantic Council. The message from
Speaker 1: the U S at least you know here in Washington, Uh,
Speaker 1: not only the Biden administration, but Senator Mitch McConnell today,
Speaker 1: we are still with you, and he sounded emboldened by
Speaker 1: what's happening in Crimea. Listen to the Senator, Senate Minority
Speaker 1: Leader McConnell. I've been waited to say they've been on
Speaker 1: offense in Crimea in the last a week or so.
Speaker 1: So they're trying to get on offense and to draw
Speaker 1: to regain territory. We need to be with them all
Speaker 1: the way and give whatever weapons I need. So give
Speaker 1: them whatever weapons they need is something that has kind
Speaker 1: of been redefined consistently over the last six months. You
Speaker 1: can remember, Belinda, the argument about miggs and that was
Speaker 1: never really resolved, but there was concern about any sort
Speaker 1: of weapon that could be used in an offensive manner,
Speaker 1: and we seem to have you know, crossed the line
Speaker 1: on that, having provided a number of defensive systems as well. So,
Speaker 1: you know, I keep asking the same question that keeps
Speaker 1: resulting in a different answer. What what does Ukraine need now?
Speaker 1: So President Zelinski said today he needs as many armored
Speaker 1: vehicles as possible, and he needs one mm ammunition. So
Speaker 1: that's the immediate request today. But they really need long
Speaker 1: range missiles that they can shoot from these high mar systems,
Speaker 1: and the White House has been reluctant to send it.
Speaker 1: I love miss McConnell's statement that you just played give
Speaker 1: them what they need. Well, I hope that the White
Speaker 1: House will will take him seriously because it's long range
Speaker 1: missiles that can make them a major difference uh In
Speaker 1: put you know, enabling Ukraine to go on the offensive.
Speaker 1: Apparently Vladimir Putin is is very angry about this, this
Speaker 1: whole assassination story. This is the daughter of an ally
Speaker 1: of his, Daria Dugana. Whether or not she was targeted,
Speaker 1: maybe they both were, is unclear. But there's going to
Speaker 1: be an apparent investigation in Russia. The State Department seems
Speaker 1: to be kind of smirking at that idea of it
Speaker 1: being a valid investigation. But how does that change the
Speaker 1: contours of this war? Does that make Vladimir Putin dig
Speaker 1: In evermore? Or is there no such thing with him? Okay,
Speaker 1: so let me dispel one rumor. The dugan and Putin
Speaker 1: are not besties. So Dugan is often called Putin's brain
Speaker 1: and that's not exactly right. He is one of the
Speaker 1: people who helped create the environment that led to the
Speaker 1: war in Ukraine. But we're not sure that Putin and
Speaker 1: Dugan have ever met. He's important, but he's he's not
Speaker 1: a superstar intellectual. He's probably like a denish to SUSA,
Speaker 1: maybe as Steve Bannon in American term. Okay, but it
Speaker 1: brings it to the doormat a bit for Vladimir Putin though, right,
Speaker 1: Does that increase the risk of attacks in Kiev, say tomorrow,
Speaker 1: I think it does. So I've been making phone calls
Speaker 1: all day and I've talked to people across the country
Speaker 1: and people are they don't know what to make of tomorrow.
Speaker 1: They're very nervous to the State Department put out a statement,
Speaker 1: the embassy and Kiev did sorry and they said get
Speaker 1: out of Kiev you can, and they're very concerned about it. So, yes,
Speaker 1: the murder or the death of Dugna, Alexander Dugan's daughter
Speaker 1: does raise the stakes, and also the strikes in Crimea
Speaker 1: raise the stakes as well. Putin was not expecting that
Speaker 1: at all. But in terms of who's responsible, I don't
Speaker 1: have a good answer for you. I all I have
Speaker 1: are four guesses, and none of them are satisfactory. Four guesses.
Speaker 1: I have four guesses. So guests Number one is if
Speaker 1: you believe the Russians, which I never do. They say
Speaker 1: the Ukrainian Secret Services did it. Ukraine NWS that it
Speaker 1: doesn't make any sense. Ukraine does not benefit. And it
Speaker 1: was also done in the most secure neighborhood in Moscow.
Speaker 1: So I'm going to give that zero percent, okay, and
Speaker 1: we're down to three. Okay. Number two is a financial
Speaker 1: beef with the Dougna family, Maybe I don't think so.
Speaker 1: Number three is a false flag operation. The Russian Secret
Speaker 1: Service did it to distract from something they planned to do,
Speaker 1: So let's wait and see. And then number four I
Speaker 1: think is also unlikely a growing armed rebellion within Russia
Speaker 1: because there have been strikes against military recruitment offices and
Speaker 1: other acts of sabotage. But none of these are statisfactory answers.
Speaker 1: So you're not buying any of those. You're not telling
Speaker 1: me it's a false flag. No one knows. I I've
Speaker 1: I've called all the best Russian minds in Washington, and
Speaker 1: no one knows it. Well, boy, I didn't know we
Speaker 1: were going here today. This is fascinating, Linda. And now
Speaker 1: I look, I don't want to force you to to
Speaker 1: try to predict the future, because no one knows what's
Speaker 1: going to happen when the sun comes up in Ukraine.
Speaker 1: But how concerned are you about the capital? What is
Speaker 1: Vladimir Putin have in mind that Zelenski describes deliberately here
Speaker 1: as uh, what's the word that he used? Something despicable,
Speaker 1: he said he It depends on how he translated, either
Speaker 1: said nasty or disgusting. That's what Putin has in mind tomorrow.
Speaker 1: So this is the thirty first anniversary of Ukrainian independence.
Speaker 1: It's probably the biggest holiday, one of the biggest holidays
Speaker 1: in the country, and I think it's particularly meaningful because
Speaker 1: of everything that's happened this year. So we don't know.
Speaker 1: I think it's gonna be lots of missile strikes across
Speaker 1: the country, and I think it may include Kiev, but
Speaker 1: no one knows. Like I said, I call people in
Speaker 1: north in Kiev and then in in Adva, and people
Speaker 1: are sheltering in place, They're planning to work from home.
Speaker 1: They know where their bomb shelters are and they're gonna
Speaker 1: wait and see and Honestly, what kind of life is
Speaker 1: this school is about to start in Ukraine. Uh, it's
Speaker 1: really really hard to to make a life in everything
Speaker 1: to go up in the clouds in minutes. So you
Speaker 1: don't see this as a turning point. This is going
Speaker 1: to be a single day kind of spasm potentially by Russia.
Speaker 1: Not not a new offensive against the capital. No. I
Speaker 1: think they can turn up the heat. But you have
Speaker 1: to remember the city of Kiev is the best a
Speaker 1: defended city in the country. It has a phenomenal commander,
Speaker 1: it has very strong security, it has the best air
Speaker 1: defenses in the city. It is not going to be
Speaker 1: easy to take the city of Kiev. So the worst
Speaker 1: they can do is menaced the city, but with missile shelling,
Speaker 1: and as we've seen, if they can even if they
Speaker 1: can get in, they can't get out. Melinda, I'm delighted
Speaker 1: you could join us. Melinda Herring, Deputy Director the Atlantic
Speaker 1: Council's Eurasia Center, starting off the fastest hour in politics.
Speaker 1: We have a lot to talk about this eve of
Speaker 1: the anniversary as we assemble the panel. Next six months
Speaker 1: in an independence Day, the thirty one for Ukraine, as
Speaker 1: the US continues to send billions of dollars in weapons
Speaker 1: and what some people call a proxy war. Rick Davis
Speaker 1: and Jeanie Schanzano were up next. We'll check traffic and
Speaker 1: markets for you on the way to I'm Joe Matthew
Speaker 1: in Washington. This is Bloomberg. You're listening to Bloomberg. You
Speaker 1: sound on with Joe Matthew on Bloomberg Radio. The latest
Speaker 1: from Ukraine, US warrens of fresh Russian strikes near civilians,
Speaker 1: Bloomberg reporting that Russia is preparing to launch intensified strikes
Speaker 1: against Ukraine's government facilities in the coming days. Is Vladimir
Speaker 1: Prutin called the car bomb that killed the daughter of
Speaker 1: an ally a dastardly crime. All this and the eve
Speaker 1: of the six month anniversary and the thirty first Independence
Speaker 1: Day of crimea. Thanks for being with us on sound
Speaker 1: on the Signature panel is with us, Rick Davis and
Speaker 1: Jennie Chanzano, Bloomberg Politics contributors. Rick, this is quite a
Speaker 1: moment that you have reminded us of. This was supposed
Speaker 1: to be over in three to five days, so there
Speaker 1: are a couple of different ways to look at this.
Speaker 1: But having just spoken with Melinda Herring, more than six
Speaker 1: months of attrition. UH, sounds pretty tough. How long can
Speaker 1: US support continue as Ukraine tries to fight Russia. Well,
Speaker 1: I think it's indefinite. I mean, you heard the comments
Speaker 1: that you played earlier by Mitch McConnell. He sounds all in.
Speaker 1: And the president's announcement of three billion dollars today in
Speaker 1: further aid from the US on it literally is long
Speaker 1: term aid improving infrastructure of the security. So yeah, I mean,
Speaker 1: I think they're planning on a long term, multi year
Speaker 1: UH situation where bolstering the security of Ukraine is going
Speaker 1: to be an important priority for the Biden administration. How
Speaker 1: do you keep the American people, with some long wars
Speaker 1: in their recent memories, Genie, supporting this for that duration.
Speaker 1: That's the challenge. And I think we see a real
Speaker 1: need for the Ukraine to prove to people in the
Speaker 1: United States and into the West that this aid is
Speaker 1: needed and they have to keep making that case. And
Speaker 1: that's what Vladimir's Olenski has been so, you know, incredibly
Speaker 1: good about doing and able to do, but it's hard
Speaker 1: to keep this up in a sustained way. They have
Speaker 1: the benefit of having bipartisan support so far on that,
Speaker 1: but one you know, sort of warning sign is the
Speaker 1: impact on the global economy, because as people outside of
Speaker 1: Ukraine feel pressure economically, there will be questions raised. Three
Speaker 1: billion in aid today, a lot of aid has been
Speaker 1: given by the United States in the West. How long
Speaker 1: do you keep that up and how much? And are
Speaker 1: they getting what they need? To Melinda's point, are they
Speaker 1: going to get the long range missiles that they say
Speaker 1: they so desperately need. Zelenski vows that the war will
Speaker 1: end in Crimea. Another line from him at this meeting today,
Speaker 1: the Crimea platform. Rick Davis's c right, Well, that's certainly
Speaker 1: what he's been saying really since the war began, is
Speaker 1: that they consider status quo anti right, They're not just
Speaker 1: going back to where the lines were drawn when the
Speaker 1: Russians after they invaded in two thousand fourteen. But they
Speaker 1: want it all back. They want Cremea back, they want
Speaker 1: the done boss back and and right now, I mean
Speaker 1: he's got an argument to do that. I mean, you
Speaker 1: talked about earlier the attacks in Crimea shocking, I think
Speaker 1: the Russians because it was a level of uh penetration
Speaker 1: into that space that they hadn't seen before. So he
Speaker 1: seems to be making his claim on that property, and
Speaker 1: I think that uh probably gonna elicit a equal and
Speaker 1: opposite reaction. Unfortunately, tomorrow around Ukraine Independence Day. How worried
Speaker 1: should the US be about this? Obviously there's uh, they're
Speaker 1: they're taking some protective measures for our diplomatic corps or
Speaker 1: the small number of folks who are there right now, Genie,
Speaker 1: But we could see some pretty difficult images tomorrow, and
Speaker 1: of course that could only uh, you know, reinforce the
Speaker 1: case here for US involvement. Yeah, I mean, I mean,
Speaker 1: exactly what Melinda said and Zelinski has said, particularly nasty
Speaker 1: is what we're expecting. That's why the United States has
Speaker 1: made this case. You know, one thing I think we
Speaker 1: should be cognizant of, is we there is a surprise
Speaker 1: that Russia didn't, um wasn't able to at least on
Speaker 1: their part, run in there in three to five days
Speaker 1: and end this thing. But on the flip side of that,
Speaker 1: we should also note that too many people surprised. Russia's
Speaker 1: economy is also been able to bear the brunt of
Speaker 1: really really tough sanctions, at least so far, and they've
Speaker 1: done it on the back of places like India, China.
Speaker 1: So that's something we should also keep in mind that
Speaker 1: a lot of people weren't expecting after sanctions this tough
Speaker 1: sell in real cheap oil, rick, you know. We we know, however,
Speaker 1: that Vladimir Putin does not have access to semiconductors or
Speaker 1: a lot of the hardware that he needs to continue
Speaker 1: to replenish his military. The Pentagon says, Russian casualties are
Speaker 1: in the area of eighty thousand. You know, at what
Speaker 1: point can Vladimir Putin, you know, not continue this? You know,
Speaker 1: it's a great question. I mean, when we were looking
Speaker 1: at the build up before the invasion on the border
Speaker 1: of Ukraine and the Dune Boss, we were talking about
Speaker 1: like a hundred and twifty thousand people, and now more
Speaker 1: than half of those are dead. Now, if someone had
Speaker 1: told Vladimir Putin it it's gonna cost him half the army.
Speaker 1: He's got a raid on the border and more than
Speaker 1: that in equipment, and and and and ammo, I wonder
Speaker 1: if he'd really thought it through, what would that have
Speaker 1: been a deterrent to him? But this is this is
Speaker 1: still I think early stages in a war that could
Speaker 1: We were just talking about it last a very long time.
Speaker 1: What price is Vladimir Putin willing to pay in blood
Speaker 1: and treasure to sustain this adventure, and how much will
Speaker 1: his population allow him to do it? Maybe these assassinations
Speaker 1: that occurred yesterday or an indication that the population is
Speaker 1: getting restless. So you've forecast another six months out, Jennie
Speaker 1: Melinda said, it's gonna be years that. Look, the first
Speaker 1: presidential debate is next June, so the war in Ukraine
Speaker 1: is going to be a major issue at that period
Speaker 1: of time. Will there be a Democrat and Republicans split
Speaker 1: on this? Will the nominees be able to agree? You know,
Speaker 1: I think it's going to be interesting. I think we're
Speaker 1: gonna see sort of um a split in the parties,
Speaker 1: if you will. So, I think you do have some
Speaker 1: Republicans who say we've got challenges at home, you know,
Speaker 1: we should be more focused here. You also have that
Speaker 1: on the Democratic side as well, So there may be
Speaker 1: some strange bedfellows in that regard. By and large, so far,
Speaker 1: there has been widespread bipartisan support for for this, But
Speaker 1: again that depends on what happens economically, and it depends
Speaker 1: on you know, if if there is something nuclear for instance,
Speaker 1: at this nuclear facility. How long does the United States,
Speaker 1: people and the West continue to support this presidential Canada
Speaker 1: afford to oppose this war? Rick, I don't think so.
Speaker 1: I think this is a patriotic message to America that
Speaker 1: we have to sustain democracies around the world. US is
Speaker 1: the one that's most under attack. It's all coming, Rick
Speaker 1: and Jennie, stay with us our signature panel. I'm Joe,
Speaker 1: Matthew and Washington. This is sound on, this is Bloomberg.
Speaker 1: You don't have to be from New York to appreciate
Speaker 1: some of the races playing out in today's primary. None
Speaker 1: more compelling, at least for me, than what some are
Speaker 1: calling the Clash of the Titans, because it pits two
Speaker 1: former allies and long time Democratic leaders against each other
Speaker 1: from if you're from New York is certainly know who
Speaker 1: they are. And this is all essentially thanks to a
Speaker 1: redrawn map. Sometimes it pits two people of great experience
Speaker 1: and with a long relationship against one another. So here
Speaker 1: we are on the Upper East Side. It's Congresswoman Caroline
Speaker 1: Maloney being at the forefront of remus, writes, has taught
Speaker 1: me we can fight back and then if we just
Speaker 1: don't quit. I approved this message because they also taught
Speaker 1: you cannot send a man to do a woman's job.
Speaker 1: You cannot send a man to do a woman's job,
Speaker 1: she says. In the campaign, they got a lot of traction.
Speaker 1: And of course that man staring from across the park
Speaker 1: from the upper west side is Congressman Jerry Nataline. Our
Speaker 1: country stands at a crossroads without democracy at stake, with
Speaker 1: a runaway Supreme Court up ending fifty years of precedent
Speaker 1: and eliminating women's right to choose, and an insurrection is
Speaker 1: to Republican Party, uh for the first time in our history,
Speaker 1: trying to stop the peaceful transfer of power. That's Nadler
Speaker 1: at recent New York One debate. So you can you know, look,
Speaker 1: these are both very well known candidates around here. As
Speaker 1: I mentioned, I don't know former allies. Is this kind
Speaker 1: of blown up in the media, But they were elected together.
Speaker 1: They were freshmen together in fresh faces, and both rose
Speaker 1: to big roles. She was the first woman to chair oversight,
Speaker 1: is the first woman to chair the Oversight Committee. In Nadler,
Speaker 1: of course, the Judiciary Committee sixty years of combined experience,
Speaker 1: somebody's not going to make it here. Joe Crowley is
Speaker 1: probably getting heartburn listening to all of this. The former congressman,
Speaker 1: Democrat from New York is with us right now on
Speaker 1: Bloomberg Radio. It's great to have you back, Congressman. Is
Speaker 1: this tough for you to watch? No, not really, not
Speaker 1: at all. It's uh, it's interesting, There's no question about it.
Speaker 1: I've been there, I've done that. I know what they're
Speaker 1: going through to some degree. Um, but your characterization of
Speaker 1: the clash of the Titans is pretty accurate. I mean
Speaker 1: you have to going at it, and you know they
Speaker 1: really have been political allies throughout the years, um, minus
Speaker 1: the notion or idea that they might possibly be thrown
Speaker 1: into the same district, because that's always been a possibility,
Speaker 1: and so um, you know this day may may have
Speaker 1: been coming. I think after thirty years of service, you
Speaker 1: thought those days behind you being thrown in with another company.
Speaker 1: You know, New York is supposed to be the big
Speaker 1: Blue Wall. I was supposed to stop the losses, that
Speaker 1: we're gonna seal the parts of the country and push
Speaker 1: back on that. But instead you have just not this happening,
Speaker 1: but some other interesting races in New York as well well.
Speaker 1: The other incumbent that I that you know, we're watching
Speaker 1: of all of us here, of course Sean Patrick Maloney,
Speaker 1: who's you know, he's not just any candidate either. He
Speaker 1: leads the House Democratic Campaign Committee. That's New York seventeen. Right.
Speaker 1: He's backed by uh Nancy Pelosi, by the establishment. Uh.
Speaker 1: You looked at the very noisy numbers on this one.
Speaker 1: Does he keep his job? Well? I think he does. Um.
Speaker 1: You know, Sean is running in the district that his
Speaker 1: home is in, and so I know there's been a
Speaker 1: lot of talk about you know, what was this really
Speaker 1: his district to run in? You know, when your house
Speaker 1: is in that district, that makes it makes it makes
Speaker 1: it kind of obvious when you're gonna run. He's running
Speaker 1: against an up and coming Paul in uh this uh,
Speaker 1: by the way, who was a former intern of mine
Speaker 1: years ago. Okay, so we have to just stop right
Speaker 1: there because that means your former intern is being backed
Speaker 1: by Alexandria Seo Cortes, which means everything life is interesting. Yeah,
Speaker 1: everything right side up is now upside down. Joe Crowley,
Speaker 1: what a business? Uh? What does that mean you when
Speaker 1: you see when you see that attack? Oh god, I can't.
Speaker 1: I want to hear what you just said. When you
Speaker 1: see an attack like that from the progressive left, if
Speaker 1: I don't even know if I'm supposed to call it
Speaker 1: that the AOC versus Pelosi, what does that tell you
Speaker 1: about the district? Well, I think you know, it says
Speaker 1: more about this notion idea that Democrats aren't progressive enough,
Speaker 1: which is I think, especially especially being in New York,
Speaker 1: is pretty absurd. But um, I think you know, this
Speaker 1: district itself is not an inner city district by any
Speaker 1: stretch of the imagination. The ocean of defund the police,
Speaker 1: um is not something that's welcomed in this district at all.
Speaker 1: So I do think that there are advantages here, that
Speaker 1: this is not my old district, that there are advantages here.
Speaker 1: And I think that Sean Patrick Loone is going to
Speaker 1: take advantage of Are you supporting him? Shan's an old friend,
Speaker 1: I understand, and I think he's going to win this selection.
Speaker 1: I have not No one was asking for an endorsement
Speaker 1: so in any of these races, quite perfectly, So that's okay. Well,
Speaker 1: they look there have been quite a number of interesting
Speaker 1: races and and one that is being looked at as
Speaker 1: a bit of a proxy for the general as as
Speaker 1: you well know, is is New York nineteen here, and
Speaker 1: what a what a bizarre situation to think that you're
Speaker 1: electing somebody to have the job for what three months,
Speaker 1: and then the district moves again. But Pat Ryan, the
Speaker 1: Democrat a county exactly, he's got a you know, good resume.
Speaker 1: West Point Grad has gotten into a real argument over
Speaker 1: issues with Mark Mullnaro, the Republican. This is being framed
Speaker 1: as an actual above board argument over political issues that
Speaker 1: could give us a glimpse. I don't want to overplay
Speaker 1: it into what we might see in November, do you
Speaker 1: think so? Well? I think in terms of the power
Speaker 1: of the decision by the Supreme Court to overturn Row,
Speaker 1: that many eyebawls are watching this particular race because the
Speaker 1: first opportunity to have a real head to head Democratic
Speaker 1: Republican in the district, as you say, that won't really
Speaker 1: exist in the same format in a couple of months.
Speaker 1: In fact, Molnaro will be running in a different district November,
Speaker 1: as will Pat Ryan for two different seats. Um But
Speaker 1: I think because this was a district where both Biden
Speaker 1: won the last election, narrowly, and Trump won narrowly in
Speaker 1: the election before. The people are looking at this as
Speaker 1: a really swing district, and so uh, in this off
Speaker 1: year election for president, Democrats should struggle more in a
Speaker 1: district like this, And so that's why people looking at
Speaker 1: this if if if Ryan is to win, it makes
Speaker 1: say this makes say something very powerfully about that Supreme
Speaker 1: Court decision. It's the definition of a toss up here, Congressmen,
Speaker 1: I have less than a minute here, But when when
Speaker 1: you're running, when you're in this business, when you're watching
Speaker 1: your districts move around, you are you just out on
Speaker 1: a regular basis walking the outer reaches of the district
Speaker 1: to know where the heck the lines start and stop.
Speaker 1: I'm not going it's almost impossible to do that, but
Speaker 1: I think you know, you gotta be careful not to
Speaker 1: disparage other parts of the great city of New York
Speaker 1: where you might one day represents. That's that's one thing
Speaker 1: you should do. Little device from former Congressman Joe Crowley.
Speaker 1: Great to have you back with us, sir, and happy
Speaker 1: primary day in New York. As I mentioned, some folks
Speaker 1: will be hitting the polls on their way to work
Speaker 1: and because it's New York, you know, on their way
Speaker 1: home from work and all things in between. Will reassemble
Speaker 1: the panel next and here from Rick Davis and Jeanie Schanzano.
Speaker 1: I'm Joe Matthew This he's Bloomberg. This is Bloomberg sound
Speaker 1: on on Bloomberg Radio, the fastest hour in politics on
Speaker 1: a primary day. What else could you ask for? You
Speaker 1: know what voice we did not hear in that great
Speaker 1: conversation with Joe Crowley was one of the other candidates
Speaker 1: in this race. That's pit the two Titans against one another. Right,
Speaker 1: this is the Caroline Maloney Jerry Nadler race. Well, there's
Speaker 1: another candidate in this race that's actually made it to
Speaker 1: the debate stage, and an up and comer almost beat
Speaker 1: Caroline Maloney as a matter of fact, in name is
Speaker 1: Surge Patel, a former Obama aide uh that's frequently part
Speaker 1: of the bio here and running on generational change. Before
Speaker 1: we reassemble the panel, I want you to listen to
Speaker 1: his message as he was standing next to these two
Speaker 1: thirty year veterans. Look, Democrats have lost almost every major
Speaker 1: battle to Mitch McConnell and Republicans. Trump is um is
Speaker 1: on the rise, even if we defeated Trump. To defeat it,
Speaker 1: we need people with new ideas and energy. Now tonight,
Speaker 1: you're gonna hear two distinct arguments from three candidates. Two
Speaker 1: of them are gonna be talking about the past, and
Speaker 1: I'm gonna be talking about the future. Interesting speaking of
Speaker 1: the past that at that same New York One debate,
Speaker 1: Congress Vann Adler starts rattling off his bona fides, including,
Speaker 1: you know, a lot of people say, well, gosh, she's
Speaker 1: so well known in name recognition because of well, the
Speaker 1: Trump impeachments, the impeachment trials. But here listen to how
Speaker 1: he put it. And I have passed the end uh
Speaker 1: two impeachments, and my in leaving this, I've impeached Bush twice.
Speaker 1: I've passed the Bush the strongest, and another subject, I've
Speaker 1: passed the strongest gun control legislation in thirty years. I've
Speaker 1: passed through Respect for Marriage Act. It's just interesting to
Speaker 1: me how these things can work out. As we reassemble
Speaker 1: the panel, here noting the New York Times endorsement, the
Speaker 1: Chuck Schumer endorsement, Elizabeth Warren endorsements of Jerry Nadler is
Speaker 1: he the best candidate for New York. Rick Davis is
Speaker 1: with US Jennie Chanzano Bloomberg Politics Contributors as the Democrat
Speaker 1: in US UH in this panel here, Jeanie, your thought
Speaker 1: on that, you know New York, well, is the seniority
Speaker 1: the important part? Or does Mr Patel have a point
Speaker 1: nineties Democrats need to at some point get out of
Speaker 1: the way. Yeah, I mean Serge Patel. You know, he
Speaker 1: is thirty eight years old, and he certainly does make
Speaker 1: a case and we know this looking at the age
Speaker 1: quite frankly of democratic leadership in the House in particular,
Speaker 1: that we do need to think about generational change as Democrats.
Speaker 1: But you know, this issue of Nadler's health is something
Speaker 1: that Maloney has brought up a lot. She described him
Speaker 1: as half dead at one point, making the Bush remark, right,
Speaker 1: he didn't forgot which president said he won't be suggests
Speaker 1: he won't be healthy enough to finish the term. They
Speaker 1: said he lost consciousness at one point. It's getting very
Speaker 1: very ugly out there for two people who have been
Speaker 1: you know, friends at least for thirty years. Um. But
Speaker 1: but you know, in Nadler's defense, he back when Patel
Speaker 1: made this case and said, that's not how Washington works.
Speaker 1: You need seniority in Congress to get things done. I
Speaker 1: can pick up the phone and call the president. And
Speaker 1: that is a you know, an important point to be had.
Speaker 1: Is that an argument for voters? And when it comes
Speaker 1: down to it, Rick, or or for a different audience,
Speaker 1: when you start talking about uh, seniority, the voters actually
Speaker 1: care about the fact that you know, somebody's a chair
Speaker 1: on a committee or does that just mean bigger endorsements
Speaker 1: and more money. Well, for sure, voters care about bringing
Speaker 1: home the bacon. Uh and uh. And so if you're
Speaker 1: in a position where you can help the district by
Speaker 1: being in a seniority position, Alphonse de Motto was probably
Speaker 1: one of the best at that, a New Yorker vintage
Speaker 1: candidate and elected official senator and and and that was
Speaker 1: the standard and it still is. If you are in
Speaker 1: a powerful position, as long as you don't forget what
Speaker 1: district you're from or what state you're from, then you
Speaker 1: can use that power to featherbed your strict and ensure
Speaker 1: that people will want to return you and a new
Speaker 1: candidate like Patel who's coming, you know, with the basics
Speaker 1: of smart and aggressive and youthful, doesn't have any ability
Speaker 1: within the seniority system of the House Representatives to have
Speaker 1: a chairmanship of a committee or to be able to
Speaker 1: bring home appropriations to his district of New York City
Speaker 1: has a new freshman in that case. I asked Joe
Speaker 1: Crowley about this, Uh Sean Patrick Maloney race? Does he
Speaker 1: keep his job tonight? Genie? You know it is looking
Speaker 1: it's hard to know. The polls are are not uh
Speaker 1: really telling in this race. I don't think um, I
Speaker 1: think he's got a good shot. Um that Pelosi endorsement
Speaker 1: due for him what it did for Jerry Nadler or
Speaker 1: appears to be doing. Um it could you know? Bai
Speaker 1: is also a really really attractive candidate. I was listening
Speaker 1: to some of her supporters today and there is a
Speaker 1: lot of energy on her side. But I have to
Speaker 1: tell you, this is New York's second primary. Is really
Speaker 1: really hard to get people out to vote on the
Speaker 1: twenty three of August when people are thinking about going
Speaker 1: away for vacation. So I think it's going to be
Speaker 1: a turnout battle. And Maloney has both the establishment support,
Speaker 1: the money, the name recognition, so it's an uphill battle
Speaker 1: for her for certain, but it does you know, really,
Speaker 1: I think really raised the prospect again about this sort
Speaker 1: of generational change and what we've seen consistently in New
Speaker 1: York and the country and the democratic side about progressives
Speaker 1: versus the more moderate establishments. This time tomorrow we get
Speaker 1: to distill the results and hear about it from Rick
Speaker 1: and Genie. I'm looking forward to that, not just uh
Speaker 1: New York, but hopefully we'll have solid results from Florida.
Speaker 1: I don't mean to get into the comedy portion of
Speaker 1: the program, so uh well, sometimes we wait. What can
Speaker 1: I say now? Big breaker today? This is gonna be
Speaker 1: happening tomorrow, and I'd love to hear from you both
Speaker 1: on this. Joe Biden apparently making good on a campaign promise.
Speaker 1: Let's go back to the campaign trail. If you can
Speaker 1: use magical harp in your head here, we're going back
Speaker 1: to Broward County. Remember when he was doing the drive
Speaker 1: ins and like during COVID instead of clapping people honking
Speaker 1: their horns. It just it'll bring you back. Here's Joe Biden,
Speaker 1: candidate Joe Biden. We're gonna make sure you can wipe
Speaker 1: out your college debt as well. Hank, that horn, we
Speaker 1: get more help to race horses than we do college
Speaker 1: students who wrote that line. But here we have on
Speaker 1: the terminal Biden to unveiled student loan plan. As allies
Speaker 1: fret it's too meager advocates pushing for more than ten
Speaker 1: thousand dollars in debt forgiveness. But isn't that what he's
Speaker 1: been talking about. We're not exactly sure how this is
Speaker 1: gonna go and where the limit will be. It had
Speaker 1: been pitched before as uh capping it at incomes or
Speaker 1: family incomes at a hundred and twenty five dollars. We'll
Speaker 1: see if that ends up be in the case tomorrow. Rick.
Speaker 1: I keep seeing on Twitter from Biden critics that there
Speaker 1: he goes boy talk about this is like, this is
Speaker 1: bare knuckle buying votes. Is that the politics here or
Speaker 1: is it better than that? Now? I can't figure it out.
Speaker 1: I mean, the only thing that's different between that campaign
Speaker 1: promise him today is nine inflation and and and I
Speaker 1: hate waking up and reading Larry Summers and agreeing with him.
Speaker 1: It drives me nuts. But he said this is inflationary.
Speaker 1: Why would we add fuel to the fire at this moment?
Speaker 1: And I think he's right, and so you know, I
Speaker 1: hate to say it, but, um, the fact that Biden
Speaker 1: has not understood that his job today politically is to
Speaker 1: bring down inflation, and he opens him up as his
Speaker 1: help up to that argument is crazy right before an
Speaker 1: election like this. I'm glad you mentioned Larry Summers, Genie.
Speaker 1: You probably saw the tweets that's where he dropped his
Speaker 1: opinion on this quote. I hope the administration does not
Speaker 1: contribute to inflation macro economically by offering unreasonable generous student
Speaker 1: loan relief, or micro economically by encouraging college tuition increases.
Speaker 1: And he went on to write more. He's replying to
Speaker 1: himself to make the case, is this a risky move
Speaker 1: for the White House? Or does the President have a
Speaker 1: slam dunk here for the mid terms. It's a very
Speaker 1: risky move for the White House. Um, you know, he
Speaker 1: did promise it. And and students in this country carry
Speaker 1: one point six trillion dollars in debt. I faced them
Speaker 1: just next week. It is an astronomical amount. And what
Speaker 1: frustrates me about this issue is there's very little discussion
Speaker 1: about why our college universities cost so much money. And
Speaker 1: that's something that has to be tackled. Larry is right,
Speaker 1: there is a real risk of exacerbating inflation. Biden administration
Speaker 1: already canceled more student loan debt than any other administration
Speaker 1: in history, thirty two point thirty two billion dollars. And
Speaker 1: so I think he does take a step. I think
Speaker 1: I'll try to moderate it, but I do think a
Speaker 1: real discussion needs to be had about why we have
Speaker 1: so much debt towards students in this country, as you know,
Speaker 1: having having children. It is a real, real problem in
Speaker 1: our system. Well, the end double a CP is concerned
Speaker 1: about what At least these are just reports. We don't
Speaker 1: know where the numbers are going to be. But if
Speaker 1: the ten thousan dollar number is on there, uh, you
Speaker 1: can count the end double a CP a critic. Uh.
Speaker 1: If the rumors are true. This is from President Derrick Johnson.
Speaker 1: We've got a problem, he says, And tragically we've experienced
Speaker 1: this so many times before. This is not how you
Speaker 1: treat black voters who turned out in record numbers and
Speaker 1: provided their vote to again save democracy in That's pretty
Speaker 1: heavy stuff, Rick, Yeah, it's uh, it's it's full of
Speaker 1: criticism this policy. I'm actually assuming that they've got polling
Speaker 1: that shows them somehow benefiting from this. Because from a
Speaker 1: public policy point of view, how about all the people
Speaker 1: who weren't able to go to college, who you know,
Speaker 1: as described in this last segment, who who also have
Speaker 1: been slaving a way to try and make a living
Speaker 1: and advance themselves, and and and so you know, it's
Speaker 1: just it's it creates a division within his own caucus,
Speaker 1: but also in the country. And I just I think
Speaker 1: it's too easy a political ploy, right, I mean, it's
Speaker 1: just naked politics. Uh, the chief executive of the country
Speaker 1: writing a check to people who went to college. I
Speaker 1: mean you think it's buying votes. I think it's buying votes.
Speaker 1: Every dollar spent Larry Summers rights, Jennie, and you work
Speaker 1: in academia, every dollar spent on student loan relief as
Speaker 1: a dollar that could have gone to support those without
Speaker 1: the opportunity to go to college. As you write, he's
Speaker 1: absolutely right. And this has been the challenge, and this
Speaker 1: is going to be the criticism that the administration is
Speaker 1: going to have to face up. And it's an old story.
Speaker 1: You make promises on the campaign trail and then you're
Speaker 1: held to them, and they've been pushing this can down
Speaker 1: the road. Now that's come time tomorrow that we're going
Speaker 1: to hear what he has to say about it. But
Speaker 1: it's a real challenge. You said it. We set up
Speaker 1: tomorrow perfectly. We will have more on this. The President
Speaker 1: will have spoken, will have results from New York and
Speaker 1: Florida with the best panel in the business, Rick Davis
Speaker 1: and Jeanie Schanzino year on the fastest hour in politics.
Speaker 1: If you showed up late, subscribe to the podcast it's
Speaker 1: called sound Off, and I'll see you back here tomorrow.
Speaker 1: I'm Joe Matt Washington. This is Bloomberg m H.