1 00:00:00,440 --> 00:00:04,680 Speaker 1: Now on Bloomberg with the government, what are the political 2 00:00:04,680 --> 00:00:07,680 Speaker 1: reality the president has increasingly frustrated. I want to try 3 00:00:07,720 --> 00:00:10,680 Speaker 1: to cut through the noise politically. This is devastating. Sound 4 00:00:10,720 --> 00:00:15,080 Speaker 1: On with Kevin Cirella, the insiders, the influencers, the inside. 5 00:00:15,320 --> 00:00:18,200 Speaker 1: There's no secret that I care a lot about the consumers. 6 00:00:18,360 --> 00:00:21,400 Speaker 1: There are real questions about good tech. We still have 7 00:00:21,440 --> 00:00:23,880 Speaker 1: more leverage to use rickets harraffs. I think we could 8 00:00:23,880 --> 00:00:26,799 Speaker 1: do with a little less drama from the White is 9 00:00:26,880 --> 00:00:31,480 Speaker 1: Sound On with Kevin Cyrelate on Bloomberg one and one 10 00:00:31,480 --> 00:00:33,960 Speaker 1: oh five point seven at m h D two Baltimore. 11 00:00:34,640 --> 00:00:38,400 Speaker 1: Happy Friday, e Folks on Kevin Cirelli, Bloomberg News, Television 12 00:00:38,400 --> 00:00:43,040 Speaker 1: and Radio Chief Washington Correspondent. They're getting closer to a deal. 13 00:00:43,400 --> 00:00:45,919 Speaker 1: The US and China are said to be working on 14 00:00:46,000 --> 00:00:51,040 Speaker 1: multiple memorandums of agreement for a trade deal. We're gonna 15 00:00:51,080 --> 00:00:54,800 Speaker 1: get into all of the policy specifics on that particular front, 16 00:00:55,200 --> 00:00:58,120 Speaker 1: as well as heading into court. There are major legal 17 00:00:58,160 --> 00:01:02,360 Speaker 1: developments for Paul Maniford and Roger Stone, plus Michael Cohen 18 00:01:02,480 --> 00:01:06,160 Speaker 1: will in fact testify in public next week. The latest 19 00:01:06,200 --> 00:01:10,440 Speaker 1: on President Trump's legal surroundings. I guess is the right 20 00:01:10,480 --> 00:01:13,399 Speaker 1: word for it, and of course all the preparation ahead 21 00:01:13,400 --> 00:01:16,920 Speaker 1: of the Vietnam trip. President Trump headed to Vietnam next 22 00:01:16,920 --> 00:01:19,679 Speaker 1: week to meet with North korea A dictator Kim Jong 23 00:01:19,720 --> 00:01:24,120 Speaker 1: Nun for de nuclearization peace talks. All Star panel Democratic 24 00:01:24,160 --> 00:01:28,440 Speaker 1: strategist Kevin Walling and Republican strategist sure Michael Singleton joined 25 00:01:28,440 --> 00:01:31,200 Speaker 1: me for the hour. But before all of that, Nancy, 26 00:01:31,440 --> 00:01:33,880 Speaker 1: get us up to speed. What's going on in the news. 27 00:01:33,520 --> 00:01:37,000 Speaker 1: It's really been a big day for legal developments. Trump 28 00:01:37,080 --> 00:01:40,000 Speaker 1: confidante Roger Stone has been ordered to stay quiet and 29 00:01:40,040 --> 00:01:43,400 Speaker 1: not make any public comments after posting a photo of 30 00:01:43,440 --> 00:01:46,679 Speaker 1: the judge presiding over his criminal case with what appeared 31 00:01:46,720 --> 00:01:49,760 Speaker 1: to be crosshairs of a gun. The gag order was 32 00:01:49,800 --> 00:01:53,520 Speaker 1: imposed by Judge Amy Burman Jackson this afternoon. During his 33 00:01:53,600 --> 00:01:56,400 Speaker 1: court appearance, Stone said he made an egregious mistake and 34 00:01:56,480 --> 00:02:00,240 Speaker 1: said there was no excuse for his post prosecute. Leaders 35 00:02:00,280 --> 00:02:04,080 Speaker 1: of outlined a detailed case against Empire actor Jesse Smillett, 36 00:02:04,120 --> 00:02:07,360 Speaker 1: claiming the actor staged the attack on himself with two friends. 37 00:02:07,680 --> 00:02:10,720 Speaker 1: He was apparently dissatisfied with the studio that produces his 38 00:02:10,760 --> 00:02:14,720 Speaker 1: TV show Cook County State attorney Reslanier described the plan 39 00:02:14,840 --> 00:02:19,120 Speaker 1: Smlett allegedly concocted with his conspirators. Smoletts stated that he 40 00:02:19,200 --> 00:02:22,160 Speaker 1: wanted them to appear to attack him on the evening 41 00:02:22,280 --> 00:02:25,600 Speaker 1: of January twenty eight, two thousand and nineteen, near his 42 00:02:25,680 --> 00:02:30,919 Speaker 1: apartment building in Streeterville. Defendant Smollett also stated he wanted 43 00:02:30,919 --> 00:02:34,480 Speaker 1: the brothers to catch his attention by calling him an 44 00:02:34,520 --> 00:02:39,640 Speaker 1: empire f empire end Smelett's attorney say the actor denies 45 00:02:39,680 --> 00:02:44,080 Speaker 1: what he calls outrageous allegations. Smolett has left court after 46 00:02:44,200 --> 00:02:47,560 Speaker 1: posting bail of one hundred thousand dollars. A U. S 47 00:02:47,600 --> 00:02:51,119 Speaker 1: Coast Guard lieutenant called a domestic terrorist by prosecutors, will 48 00:02:51,160 --> 00:02:54,200 Speaker 1: remain in custod for at least fourteen days after a 49 00:02:54,280 --> 00:02:57,440 Speaker 1: judge deemed him a danger to the community. Lieutenant Christopher 50 00:02:57,440 --> 00:03:00,840 Speaker 1: Paul Hassant appeared in federal court today after his arrest 51 00:03:00,919 --> 00:03:04,920 Speaker 1: on gun and drug charges. Investigators discovered a draft email 52 00:03:04,960 --> 00:03:08,000 Speaker 1: in which Lieutenant Hassan, who works at the Coast Guard 53 00:03:08,000 --> 00:03:11,040 Speaker 1: headquarters in d c, when he wrote about his wish 54 00:03:11,080 --> 00:03:14,200 Speaker 1: to kill people and a desire to acquire biological weapons. 55 00:03:14,320 --> 00:03:16,040 Speaker 1: Robert Hurr A is the U. S Attorney for the 56 00:03:16,080 --> 00:03:19,560 Speaker 1: District of Maryland. The sheer number and force of the 57 00:03:19,560 --> 00:03:23,280 Speaker 1: weapons that were recovered from Mr Hasson's residence in this case, 58 00:03:23,880 --> 00:03:26,840 Speaker 1: coupled with the disturbing nature of his writings, appear to 59 00:03:26,840 --> 00:03:30,239 Speaker 1: reflective very significant threat to the safety of our community, 60 00:03:30,720 --> 00:03:34,040 Speaker 1: particularly given the position of trust that Mr Hasson held 61 00:03:34,480 --> 00:03:37,360 Speaker 1: with the United States government. Prosecutor say Federal agents found 62 00:03:37,400 --> 00:03:40,800 Speaker 1: fifteen firearms and more than a thousand rounds of ammunition 63 00:03:40,880 --> 00:03:45,720 Speaker 1: inside Hassan's Maryland apartment. North Carolina's elections board has ordered 64 00:03:45,760 --> 00:03:49,839 Speaker 1: a new election in the nation's last undecided congressional race 65 00:03:49,960 --> 00:03:54,080 Speaker 1: from November after reviewing evidence it was tainted by absentee 66 00:03:54,080 --> 00:03:57,280 Speaker 1: ballot fraud. The North Carolina State Board of Elections unanimously 67 00:03:57,360 --> 00:04:00,400 Speaker 1: voted to hold a new election in the ninth congressional district, 68 00:04:00,840 --> 00:04:03,240 Speaker 1: and at last effort to bring up the Equal Rights 69 00:04:03,240 --> 00:04:06,400 Speaker 1: Amendment for a floor vote in the Virginia House failed today, 70 00:04:06,480 --> 00:04:09,160 Speaker 1: ending its chances this year. A move to change the 71 00:04:09,240 --> 00:04:11,440 Speaker 1: rules to bring the amendment to the floor was defeated 72 00:04:11,440 --> 00:04:13,560 Speaker 1: by a vote of fifty to fifty. Then a resolution 73 00:04:13,600 --> 00:04:16,760 Speaker 1: to discharge the e r A for a full vote failed, 74 00:04:17,000 --> 00:04:22,479 Speaker 1: with delegates voting along party lines. Let's time out for 75 00:04:22,480 --> 00:04:26,120 Speaker 1: the Beltway business report. Here is Bloomberg's Larrykowski. Well Nancy 76 00:04:26,160 --> 00:04:29,039 Speaker 1: stocks ended lower in thin trading. The sm P five 77 00:04:29,120 --> 00:04:31,719 Speaker 1: hundred fell for the first time in four sessions. That 78 00:04:31,760 --> 00:04:35,160 Speaker 1: al Jones industrial average fell one hundred three, The S 79 00:04:35,240 --> 00:04:38,200 Speaker 1: and P five hundred tumbled nine and as that composite 80 00:04:38,200 --> 00:04:41,400 Speaker 1: lost twenty nine. Ford says there may be a problem 81 00:04:41,400 --> 00:04:44,720 Speaker 1: with it. Two missions and fuel economy testing after employees 82 00:04:44,800 --> 00:04:49,040 Speaker 1: raised concerns, an outside firm is investigating. Ford says the 83 00:04:49,080 --> 00:04:52,600 Speaker 1: probe does not involve defeat devices such as those involved 84 00:04:52,640 --> 00:04:56,040 Speaker 1: in Volkswagens and mission scandal. Add A T and T 85 00:04:56,200 --> 00:04:58,679 Speaker 1: and Kellogg to the list of companies pulling their ads 86 00:04:58,720 --> 00:05:03,279 Speaker 1: from YouTube over or controversy related to child videos. Concerns 87 00:05:03,279 --> 00:05:05,599 Speaker 1: have been raised that YouTube can be used to forge 88 00:05:05,640 --> 00:05:10,440 Speaker 1: networks of people engaged in exploitation of children. Business picked 89 00:05:10,480 --> 00:05:13,400 Speaker 1: up at US factories in December. The government says durable 90 00:05:13,400 --> 00:05:17,080 Speaker 1: goods orders rose one percent, the most in four months. 91 00:05:17,160 --> 00:05:19,960 Speaker 1: Much of the game was in commercial aircraft, a category 92 00:05:20,040 --> 00:05:23,520 Speaker 1: that tracks business investment fell for a second month. The 93 00:05:23,520 --> 00:05:27,560 Speaker 1: Bloomberg Washington d C. Area stock index lost a third 94 00:05:27,560 --> 00:05:30,040 Speaker 1: of a percent Europe to date. On business from the 95 00:05:30,080 --> 00:05:33,719 Speaker 1: Beltway to Baltimore. I'm Lara Kowsky. This is Bloomberg ninety 96 00:05:34,000 --> 00:05:36,560 Speaker 1: one and one oh five point seven FM h D two. 97 00:05:36,760 --> 00:05:39,480 Speaker 1: Thanks Larry. Global News twenty four hours a day on 98 00:05:39,520 --> 00:05:41,840 Speaker 1: air and at TikTok on Twitter, powered by more than 99 00:05:41,880 --> 00:05:44,120 Speaker 1: twenty seven hundred journalists and analyst and more than a 100 00:05:44,200 --> 00:05:48,760 Speaker 1: hundred and twenty countries. I'm Nancy. Lions plenty to talk about, Kevin. 101 00:05:48,880 --> 00:05:51,960 Speaker 1: There's always so much to talk about these days, Nancy, 102 00:05:52,000 --> 00:05:55,680 Speaker 1: thanks for that news update. Our lead story tonight is 103 00:05:55,720 --> 00:05:58,440 Speaker 1: that the US and China are said to be working 104 00:05:58,520 --> 00:06:02,880 Speaker 1: on multiple memory and for a trade deal. Remember, folks, 105 00:06:03,440 --> 00:06:05,960 Speaker 1: President Trump has said that he is going to increase 106 00:06:06,040 --> 00:06:09,880 Speaker 1: tariffs on two hundred and sixty seven billion dollars worth 107 00:06:09,920 --> 00:06:13,520 Speaker 1: of goods heading into the United States. On March one, 108 00:06:13,760 --> 00:06:17,440 Speaker 1: he said he could even raise those terriffs to This 109 00:06:17,520 --> 00:06:21,520 Speaker 1: is much against the business community's wishes. Not just big business, 110 00:06:21,560 --> 00:06:25,480 Speaker 1: small business, medium sized business, all size sizes of business 111 00:06:26,000 --> 00:06:28,520 Speaker 1: do not want to see those tariffs go up. In fact, 112 00:06:28,560 --> 00:06:30,640 Speaker 1: I was talking with some sources just the other day 113 00:06:31,000 --> 00:06:34,800 Speaker 1: in the business community, and they are urging Republican lawmakers 114 00:06:34,800 --> 00:06:37,400 Speaker 1: to get on the phone with President Trump to not 115 00:06:37,600 --> 00:06:40,600 Speaker 1: increase those tariffs. Now, the President, for his part, he 116 00:06:40,680 --> 00:06:44,160 Speaker 1: loves tariffs. He says that he calls himself a tariff man, 117 00:06:44,360 --> 00:06:47,920 Speaker 1: his words, his tweets. But he also has said that 118 00:06:48,000 --> 00:06:53,479 Speaker 1: these tariff deadline increases on March one are a negotiation chip, 119 00:06:54,400 --> 00:06:59,280 Speaker 1: a strategy of sorts, as these China negotiations continue onward 120 00:06:59,640 --> 00:07:02,600 Speaker 1: now this week, and I was out outside of the 121 00:07:02,760 --> 00:07:06,320 Speaker 1: Old Executive Office Building earlier this morning trying to catch 122 00:07:06,320 --> 00:07:09,560 Speaker 1: a glimpse of the traders as they're called, Treasury Secretary 123 00:07:09,600 --> 00:07:13,200 Speaker 1: Stephen Manusian and US Trade Representative Bob Leightheizer. They've been 124 00:07:13,240 --> 00:07:16,680 Speaker 1: meeting with a Chinese delegation that has arrived here in 125 00:07:16,840 --> 00:07:21,600 Speaker 1: Washington this week to continue to hammer out the basis 126 00:07:22,080 --> 00:07:26,440 Speaker 1: of a final trade deal. Now, what's unknown is when 127 00:07:26,520 --> 00:07:30,800 Speaker 1: President Trump will meet directly with China's President she Jing Ping. 128 00:07:31,360 --> 00:07:34,920 Speaker 1: Next week, the President is headed to Southeast Asia to 129 00:07:35,040 --> 00:07:38,120 Speaker 1: meet with North Korea leader Kim John Nun, but nothing 130 00:07:38,160 --> 00:07:41,280 Speaker 1: on the schedule for him to take a detour maybe 131 00:07:41,400 --> 00:07:46,200 Speaker 1: or have a layover with China President she. So that's 132 00:07:46,200 --> 00:07:49,000 Speaker 1: why I'm so grateful to dive into the specifics with 133 00:07:49,080 --> 00:07:52,280 Speaker 1: Democratic strategist Kevin Walling, who also works at h G 134 00:07:52,960 --> 00:07:57,120 Speaker 1: Creative Media, as well the scher Michael Singleton, Republican strategists 135 00:07:57,160 --> 00:08:01,120 Speaker 1: and contributing host of Vox Media's con Iterate. Sure, Michael, 136 00:08:01,120 --> 00:08:04,600 Speaker 1: this is on Facebook watch. Correct, that Facebook watch, which 137 00:08:04,640 --> 00:08:08,040 Speaker 1: is doing very well. We congratulations on on the new 138 00:08:08,640 --> 00:08:12,600 Speaker 1: it's not really new anymore though it's about four months under, 139 00:08:12,760 --> 00:08:17,440 Speaker 1: you know. Still well, we're thrown to infancy stages. Things 140 00:08:17,480 --> 00:08:20,120 Speaker 1: that are also in the infancy stages are the basis 141 00:08:20,240 --> 00:08:22,840 Speaker 1: of a US China trade deal, and our Jenny Leonard 142 00:08:22,880 --> 00:08:26,920 Speaker 1: at Bloomberg News reporting earlier today that US and Chinese 143 00:08:27,200 --> 00:08:31,120 Speaker 1: negotiators are working on multiple memorandums of understanding that would 144 00:08:31,160 --> 00:08:33,720 Speaker 1: form the basis of a final trade deals, and they're 145 00:08:33,720 --> 00:08:39,200 Speaker 1: going to cover massive areas with huge market implications, agriculture, 146 00:08:39,600 --> 00:08:45,640 Speaker 1: non tariff barriers, services, technology transfer, and of course intellectual property. 147 00:08:46,040 --> 00:08:50,640 Speaker 1: What the big question, Kevin Walling, democratic strategist, is enforcement mechanism. 148 00:08:50,800 --> 00:08:56,359 Speaker 1: How will the US enforce any of these trade agreements? 149 00:08:56,600 --> 00:08:59,840 Speaker 1: And you know, quite frankly, if they don't have an 150 00:09:00,040 --> 00:09:03,680 Speaker 1: enforcement mechanism, it would really allow them to buy pass Congress. No, yeah, 151 00:09:03,720 --> 00:09:06,120 Speaker 1: you're absolutely right. I mean, with any kind of negotiation, 152 00:09:06,240 --> 00:09:08,000 Speaker 1: and I'm hopeful. You know, we've got the Vice Premier, 153 00:09:08,120 --> 00:09:10,800 Speaker 1: the number two from China here this week meeting with 154 00:09:11,000 --> 00:09:13,920 Speaker 1: as you really point out, our trade representative and Steve Minustion, 155 00:09:13,920 --> 00:09:17,120 Speaker 1: the Treasury secretary and our Commerce secretary. Uh, and I'm hopeful. 156 00:09:17,160 --> 00:09:19,520 Speaker 1: You know, just two hours ago it was released that 157 00:09:20,120 --> 00:09:22,640 Speaker 1: on the table is a thirty billion dollar agreement for 158 00:09:22,679 --> 00:09:25,280 Speaker 1: the Chinese to buy agriculture. A lot of our agriculture 159 00:09:25,320 --> 00:09:30,240 Speaker 1: products are wasting away in factories, uh, in processing factories 160 00:09:30,240 --> 00:09:33,000 Speaker 1: in the industrial Midwest where this president was very successful, 161 00:09:33,120 --> 00:09:36,640 Speaker 1: and it's really hurt farmer. So again, you're at the outset. 162 00:09:37,080 --> 00:09:41,160 Speaker 1: You know, you're you're observations of this trade negotiation are 163 00:09:41,200 --> 00:09:43,520 Speaker 1: well founded. And as a Democrat on this panel, I'm 164 00:09:43,520 --> 00:09:45,520 Speaker 1: hopeful that we can reach some kind of agreement. Well, 165 00:09:45,520 --> 00:09:47,800 Speaker 1: I'm actually glad you you brought up what's going on 166 00:09:47,920 --> 00:09:51,480 Speaker 1: with folks in the agricultural community, because thus far they 167 00:09:51,480 --> 00:09:55,920 Speaker 1: have lost, they haven't gained anything, and it's it troubles 168 00:09:55,920 --> 00:09:57,839 Speaker 1: me because as I'm thinking about the president, who is 169 00:09:57,840 --> 00:10:00,640 Speaker 1: getting ready to gear up for a re election, everything 170 00:10:00,640 --> 00:10:02,640 Speaker 1: at this point in time, Kevin, you knows that you 171 00:10:02,679 --> 00:10:05,959 Speaker 1: know this. It has to be looked through a political lens. 172 00:10:06,000 --> 00:10:08,880 Speaker 1: How will this impact me with those voters who I 173 00:10:08,960 --> 00:10:12,920 Speaker 1: absolutely have to turn out in order to do very well. 174 00:10:13,400 --> 00:10:15,400 Speaker 1: And I also think the President is going to have 175 00:10:15,480 --> 00:10:17,560 Speaker 1: to answer to those folks in the House. They're gonna 176 00:10:17,559 --> 00:10:19,280 Speaker 1: want to know. Nancy Pelosi is gonna want to know, 177 00:10:19,400 --> 00:10:21,760 Speaker 1: Mr President, what are you doing with China? How is 178 00:10:21,800 --> 00:10:24,360 Speaker 1: trade going to impact certain Americans? We need to be 179 00:10:24,440 --> 00:10:27,160 Speaker 1: a part of this conversation. You're no longer going to 180 00:10:27,200 --> 00:10:29,400 Speaker 1: be able to do it on your own. You mentioned 181 00:10:29,400 --> 00:10:33,679 Speaker 1: the agricultural sector. The President has been through the political 182 00:10:33,800 --> 00:10:35,679 Speaker 1: lens and his and the sources that I talked with 183 00:10:35,800 --> 00:10:39,000 Speaker 1: the White House very much cautious in terms of the 184 00:10:39,040 --> 00:10:43,440 Speaker 1: political implications. Remember the U. S d A providing that 185 00:10:43,720 --> 00:10:47,240 Speaker 1: package of billions of dollars rather as a bit of 186 00:10:47,240 --> 00:10:56,000 Speaker 1: a political appeasement. Your words, but farmers, you know well, listen, 187 00:10:56,080 --> 00:10:59,520 Speaker 1: I mean when I interview Senator Joani look at this agreement, 188 00:11:00,040 --> 00:11:02,720 Speaker 1: even um, when I interviewed Senator Joni Earns, the Republican 189 00:11:02,760 --> 00:11:06,240 Speaker 1: from Iowa, or even Judiciary Committee Chairman Chuck Grasslie, they 190 00:11:06,280 --> 00:11:08,320 Speaker 1: were a bit apprehensive of that. But I want to 191 00:11:08,360 --> 00:11:10,800 Speaker 1: get back to some of these other issues because one 192 00:11:10,800 --> 00:11:13,480 Speaker 1: of the major sticking points that has really reverberated and 193 00:11:13,520 --> 00:11:18,959 Speaker 1: had significant market implications are the currency manipulation side of things, right, 194 00:11:19,040 --> 00:11:20,720 Speaker 1: and so one of the things that really was a 195 00:11:20,760 --> 00:11:24,120 Speaker 1: flash point this week, UH is that the US is 196 00:11:24,160 --> 00:11:27,600 Speaker 1: reportedly asking China to keep the value of the U 197 00:11:27,600 --> 00:11:31,720 Speaker 1: WANT stable to neutralize any effort by Beijing to devalue 198 00:11:31,800 --> 00:11:35,960 Speaker 1: its currency. Kevin, I find this interesting two fold. First 199 00:11:36,000 --> 00:11:38,720 Speaker 1: and foremost, there were threats early on in the president's 200 00:11:38,760 --> 00:11:43,760 Speaker 1: administration about about whether or not President Trump would use 201 00:11:44,200 --> 00:11:49,320 Speaker 1: various mechanisms to declare China a currency manipulator. They've backed off, 202 00:11:49,360 --> 00:11:52,680 Speaker 1: according to public reports, sources that I talked to, but 203 00:11:52,800 --> 00:11:57,440 Speaker 1: now they're doing this again. What's fascinating is that it's 204 00:11:57,600 --> 00:12:00,600 Speaker 1: almost a two fer in the sense that the president 205 00:12:00,720 --> 00:12:04,640 Speaker 1: does not want to see China devalue its currency but 206 00:12:04,800 --> 00:12:07,600 Speaker 1: bye but bye, and and to not but is asking 207 00:12:07,640 --> 00:12:10,400 Speaker 1: in a way for China to manipulate its currency, to 208 00:12:10,520 --> 00:12:13,520 Speaker 1: not devalue it. Not to get too wonky. But if 209 00:12:13,559 --> 00:12:17,760 Speaker 1: you look at that particular point from a political lens 210 00:12:17,880 --> 00:12:21,400 Speaker 1: and step back from the policy standpoint, if you're a 211 00:12:21,440 --> 00:12:24,800 Speaker 1: Democrat or even a Republican heading into this new cycle, 212 00:12:25,320 --> 00:12:28,880 Speaker 1: China is a pretty easy scapegoat. No, you're absolutely right, 213 00:12:28,880 --> 00:12:30,640 Speaker 1: But again we have to remember we live in a 214 00:12:30,640 --> 00:12:33,840 Speaker 1: global economy. If the Chinese economy, which is actually been 215 00:12:33,880 --> 00:12:37,400 Speaker 1: spiraling downwards because of these pressures brought by this president, 216 00:12:37,800 --> 00:12:40,760 Speaker 1: if it continues that decline, that affects US and that 217 00:12:40,840 --> 00:12:43,600 Speaker 1: hurts our economy as well. So we have to rise together, 218 00:12:43,600 --> 00:12:45,400 Speaker 1: but we have to be on a level playing field. 219 00:12:45,520 --> 00:12:47,240 Speaker 1: And I commend the President for calling him out when 220 00:12:47,280 --> 00:12:50,640 Speaker 1: it comes to currency manipulation. Over the last twenty years, 221 00:12:50,720 --> 00:12:54,960 Speaker 1: under Republican and democratic administrations, every issue we brought before 222 00:12:54,960 --> 00:12:58,040 Speaker 1: the World Trade Organization against China has been found to 223 00:12:58,120 --> 00:13:00,040 Speaker 1: be in our favor. I don't even know what to 224 00:13:00,120 --> 00:13:03,880 Speaker 1: do anymore. I've got sher Michael the Republican like talking, 225 00:13:06,760 --> 00:13:10,840 Speaker 1: I've got the Democrats saying, quote unquote, I commend the President. 226 00:13:11,040 --> 00:13:13,160 Speaker 1: I commend the President for raising this issue. I mean, 227 00:13:13,160 --> 00:13:15,840 Speaker 1: I I agree, and I think there has been a 228 00:13:15,880 --> 00:13:18,520 Speaker 1: legitimate argument to make for quite some time as far 229 00:13:18,559 --> 00:13:21,320 Speaker 1: as the imbalances with trade as it relates to China, 230 00:13:21,840 --> 00:13:24,600 Speaker 1: UH and how that impacts the American worker and also 231 00:13:24,640 --> 00:13:26,800 Speaker 1: how that impacts the consumer. But you know, I'm reminded 232 00:13:26,840 --> 00:13:30,280 Speaker 1: of something that Milton Friedman said back in the seventies. 233 00:13:30,600 --> 00:13:33,040 Speaker 1: And Milton argued, and a lot of economists at the 234 00:13:33,080 --> 00:13:35,640 Speaker 1: time disagreed, and a lot of folks to disagree. He said, 235 00:13:36,000 --> 00:13:38,760 Speaker 1: if it's cheaper to make goods in China, and the 236 00:13:38,800 --> 00:13:42,600 Speaker 1: American average person want to purchase said good, they should 237 00:13:42,600 --> 00:13:44,920 Speaker 1: have the right to do so. Why because it benefits 238 00:13:44,920 --> 00:13:47,400 Speaker 1: their bottom line? All right? Coming up, we're gonna get 239 00:13:47,400 --> 00:13:51,480 Speaker 1: out of trade policy and into court major court proceeding 240 00:13:51,559 --> 00:13:55,600 Speaker 1: developments with Paul Maniport and Roger Stone, separate cases, same storyline. 241 00:13:55,679 --> 00:13:59,800 Speaker 1: Kevin Walling, Democratic strategist, sher Michael Singleton Republican strategists with 242 00:14:00,040 --> 00:14:03,719 Speaker 1: me for the hour. Remember download the Sound On podcast 243 00:14:03,800 --> 00:14:07,600 Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading 244 00:14:07,600 --> 00:14:10,320 Speaker 1: the Bloomberg Business app. You can also find us on 245 00:14:10,480 --> 00:14:14,040 Speaker 1: Radio dot com and on I Heart Radio. I'm Kevin 246 00:14:14,080 --> 00:14:19,720 Speaker 1: CURRELLI you're listening to Bloomberg. You're listening to Sound On 247 00:14:19,880 --> 00:14:25,120 Speaker 1: with Kevin Surreally on Bloomberg and one F M H 248 00:14:25,240 --> 00:14:29,600 Speaker 1: D two Baltimore. Welcome back, folks. How about that Georgetown 249 00:14:29,760 --> 00:14:34,800 Speaker 1: basketball game last night. They upset Villanova five to seventy three. 250 00:14:34,800 --> 00:14:38,320 Speaker 1: I was disappointed I couldn't go, but massive congratulations to 251 00:14:38,360 --> 00:14:41,560 Speaker 1: all of the to Georgetown's men's basketball team for pulling 252 00:14:41,560 --> 00:14:45,000 Speaker 1: off that upset. We're almost in March madness, but there's 253 00:14:45,040 --> 00:14:48,000 Speaker 1: a lot of madness here in Washington these days. Uh, 254 00:14:48,040 --> 00:14:51,280 Speaker 1: in the political sphere. Kevin Walling is a democratic strategist 255 00:14:51,320 --> 00:14:55,520 Speaker 1: at h G Creative Media. He Uh. He's our guest 256 00:14:55,560 --> 00:14:59,200 Speaker 1: for the hour, as is Scher Michael Singleton, Republican strategist 257 00:14:59,280 --> 00:15:03,080 Speaker 1: and can tributing host of Vox Media's consider it. If 258 00:15:03,080 --> 00:15:05,520 Speaker 1: they want to watch it, you're on Facebook Watch Facebook Watch. 259 00:15:05,640 --> 00:15:08,080 Speaker 1: Just go to Facebook and your search bar on Facebook appen, 260 00:15:08,120 --> 00:15:11,320 Speaker 1: type and consider it and you'll find it. Congratulations on that, 261 00:15:12,160 --> 00:15:14,040 Speaker 1: on that as well. So we were talking in our 262 00:15:14,040 --> 00:15:18,640 Speaker 1: first segment about the trade agreements US China trade talks. UH. 263 00:15:18,720 --> 00:15:22,200 Speaker 1: The the Chinese delegation, lead of course by Chinese Vice 264 00:15:22,200 --> 00:15:25,680 Speaker 1: Premier The Way Hua is here this week in Washington 265 00:15:25,800 --> 00:15:28,920 Speaker 1: meeting with Treasury Secretary Manuition and others like Bob Lheiser 266 00:15:29,080 --> 00:15:31,680 Speaker 1: at the U S. T R. But there's some other 267 00:15:31,920 --> 00:15:38,520 Speaker 1: legal things happening relating surrounding this administration. Have you guys 268 00:15:38,560 --> 00:15:44,520 Speaker 1: followed this Roger Stone saga, get this today? So Roger said, 269 00:15:44,520 --> 00:15:48,120 Speaker 1: he sorry, but it may be too late because literally 270 00:15:49,040 --> 00:15:54,080 Speaker 1: on Monday, Stone he put this on Instagram exactly like 271 00:15:54,120 --> 00:15:57,160 Speaker 1: you know, which is pretty much I mean, the judge 272 00:15:57,160 --> 00:15:59,920 Speaker 1: warned him. So what happened was, let's let's get the car. 273 00:16:00,600 --> 00:16:03,640 Speaker 1: He posted a picture of the judge and a cross 274 00:16:03,680 --> 00:16:08,960 Speaker 1: hair and then got really after the warning and this 275 00:16:09,080 --> 00:16:13,320 Speaker 1: U S District Judged Amy Berman Jackson uh said that, 276 00:16:13,720 --> 00:16:16,720 Speaker 1: you know, don't go out there and be crazy. Essentially, 277 00:16:16,800 --> 00:16:21,280 Speaker 1: don't go out there. Rogerstone has been a guest on 278 00:16:21,320 --> 00:16:24,320 Speaker 1: this program. He has called in. He is someone who 279 00:16:24,560 --> 00:16:28,560 Speaker 1: you know, has really much been defending himself. He maintains 280 00:16:28,600 --> 00:16:32,960 Speaker 1: his innocence. Uh, but he decided to post this. He 281 00:16:33,160 --> 00:16:36,200 Speaker 1: then he then apologized and he said I had to 282 00:16:36,280 --> 00:16:39,960 Speaker 1: quote I had no intention of disrespecting the court and 283 00:16:40,040 --> 00:16:46,480 Speaker 1: humbly apologized to the court for the transgression. But like 284 00:16:46,720 --> 00:16:50,280 Speaker 1: it's it's too late, Kevin. Look, the reality is I 285 00:16:50,360 --> 00:16:54,240 Speaker 1: don't think Roger Stone fully appreciates the severity of what's 286 00:16:54,280 --> 00:16:57,720 Speaker 1: at stake for him. The judge gave him a warning, 287 00:16:57,720 --> 00:17:00,720 Speaker 1: an explicit warning you are not to conduct yourself and 288 00:17:00,760 --> 00:17:04,159 Speaker 1: this type of behavior. Because of the severity of this, 289 00:17:04,600 --> 00:17:07,000 Speaker 1: roger Stone decided to be Roger Stone. And I can 290 00:17:07,040 --> 00:17:10,040 Speaker 1: only imagine his defense attorneys are probably losing their minds 291 00:17:10,040 --> 00:17:13,320 Speaker 1: because he's the worst type of client one could ask for. 292 00:17:13,480 --> 00:17:15,960 Speaker 1: You have to take these things serious, Kevin. Then he's 293 00:17:16,000 --> 00:17:19,840 Speaker 1: no interviews, no radio, or he's got no posting things stuts. 294 00:17:19,840 --> 00:17:22,520 Speaker 1: The bottom line is that the federal judge, because roger 295 00:17:22,560 --> 00:17:27,240 Speaker 1: Stone posted this picture on Instagram with crosshairs over the judge, 296 00:17:27,720 --> 00:17:30,240 Speaker 1: a federal judge ruled earlier today. Now he now has 297 00:17:30,280 --> 00:17:35,680 Speaker 1: a full gag order. He is not allowed to use 298 00:17:36,359 --> 00:17:38,400 Speaker 1: predict he will violate. Well, he's not allow to write 299 00:17:38,400 --> 00:17:40,440 Speaker 1: about the case. He's not allowed to post about the case. 300 00:17:40,720 --> 00:17:42,320 Speaker 1: I don't know. I mean, Kevin, what do you think 301 00:17:42,359 --> 00:17:44,960 Speaker 1: of this as a Democrat but also as an observer 302 00:17:45,040 --> 00:17:47,280 Speaker 1: of our justice system? Yeah? I mean, I couldn't agree 303 00:17:47,320 --> 00:17:48,679 Speaker 1: more over with the schr. Michael on this. You know, 304 00:17:49,359 --> 00:17:51,800 Speaker 1: the fact that he had a partial gag order violated 305 00:17:51,800 --> 00:17:54,480 Speaker 1: that on my day, really threatened the life of this judge. 306 00:17:54,560 --> 00:17:56,919 Speaker 1: Right because we saw just the other day with this 307 00:17:57,000 --> 00:18:01,520 Speaker 1: Coast Guardsman, Lieutenant stockpiling weapons nationalist. What happens when we 308 00:18:01,560 --> 00:18:03,640 Speaker 1: get this heated rhetoric and it's on both sides. I'm 309 00:18:03,640 --> 00:18:05,720 Speaker 1: not criticizing the president when it comes to this, but 310 00:18:05,840 --> 00:18:09,119 Speaker 1: we've amped up our political rhetoric. And when someone unstable 311 00:18:09,160 --> 00:18:11,720 Speaker 1: sees an image like that and a photo of a 312 00:18:11,840 --> 00:18:16,120 Speaker 1: federal judge, that really calls into question roger Stone's actions 313 00:18:16,160 --> 00:18:18,560 Speaker 1: and he should have a complete yagg order, which I 314 00:18:18,600 --> 00:18:21,080 Speaker 1: think he will. Violence. Michael said, I want to read 315 00:18:21,200 --> 00:18:24,440 Speaker 1: the statement from Judge Amy Berman Jackson what she said 316 00:18:24,440 --> 00:18:27,520 Speaker 1: at the hearing. She said, quote, I find that released 317 00:18:27,560 --> 00:18:31,679 Speaker 1: under conditions without modifications, that he does pose a danger. 318 00:18:31,880 --> 00:18:36,240 Speaker 1: Roger Stone fully understands the power of words and the 319 00:18:36,320 --> 00:18:40,560 Speaker 1: power of symbols. In this age of social media, there's 320 00:18:40,600 --> 00:18:43,720 Speaker 1: really no such thing as a TakeBack. I don't know 321 00:18:43,760 --> 00:18:45,280 Speaker 1: if I agree, but there's no such thing as a 322 00:18:45,320 --> 00:18:47,760 Speaker 1: TakeBack because a lot of people tweet stuff they deleted 323 00:18:47,800 --> 00:18:51,120 Speaker 1: a retweet. That's one thing about wait wait, wait wait, 324 00:18:51,119 --> 00:18:53,639 Speaker 1: But a retweet is not an endorsement, Kevin. That's one 325 00:18:53,680 --> 00:18:56,040 Speaker 1: thing about regular Joe Blow who's tweeting at home or 326 00:18:56,080 --> 00:18:59,119 Speaker 1: at work on their way in between. Roger Stone has 327 00:18:59,160 --> 00:19:02,560 Speaker 1: been in politics it's what the sixties. He knew exactly 328 00:19:02,640 --> 00:19:05,480 Speaker 1: what he was doing. This guy is a master manipulator, 329 00:19:05,520 --> 00:19:08,120 Speaker 1: He's a master at words, and he should be punished 330 00:19:08,119 --> 00:19:10,680 Speaker 1: for his actions. Alright, moving on from Roger Paul Manfort 331 00:19:10,680 --> 00:19:15,080 Speaker 1: remember him? He Uh, He's gonna be sentenced on March 332 00:19:15,240 --> 00:19:19,760 Speaker 1: eight in federal court in Alexandria. Uh. This according to Bloomberg, 333 00:19:19,760 --> 00:19:22,840 Speaker 1: where Special Counsel Robert Mueller has recommended he served as 334 00:19:23,000 --> 00:19:28,400 Speaker 1: much as a quarter century in prison for his convictions 335 00:19:28,440 --> 00:19:31,960 Speaker 1: on tax and bank fraud charges. But Kevin, So, when 336 00:19:32,000 --> 00:19:33,439 Speaker 1: I talked to sources at the White House, and I 337 00:19:33,440 --> 00:19:36,720 Speaker 1: talked to supporters of President Trump and his advisors outside 338 00:19:36,720 --> 00:19:39,479 Speaker 1: of the White House, they say, Paul Manaford, what he 339 00:19:39,560 --> 00:19:43,639 Speaker 1: was convicted of has nothing to do with Russia, with 340 00:19:43,760 --> 00:19:48,480 Speaker 1: collusion with that that that that these charges stem from 341 00:19:48,520 --> 00:19:53,159 Speaker 1: before he was involved. Do you buy that? I don't. 342 00:19:53,680 --> 00:19:56,080 Speaker 1: And you know, when we talk about this sentencing for 343 00:19:56,240 --> 00:19:58,160 Speaker 1: Paul Manafort, when we talk about a quarter of a century, 344 00:19:58,160 --> 00:20:00,680 Speaker 1: that's a life sentence for Paul Manaford. He will likely 345 00:20:00,680 --> 00:20:02,399 Speaker 1: go to jail for the rest of his life. And 346 00:20:02,480 --> 00:20:05,879 Speaker 1: most recently what we saw was he brought back in 347 00:20:05,920 --> 00:20:08,480 Speaker 1: front of the court for lying for making false statements 348 00:20:08,640 --> 00:20:12,280 Speaker 1: to protect a Russian co conspirator. You know, so when 349 00:20:12,280 --> 00:20:14,800 Speaker 1: you talk about clusion, it might not be directly related 350 00:20:14,840 --> 00:20:19,760 Speaker 1: to And we're eagerly waiting that Mueller report to come 351 00:20:19,760 --> 00:20:22,120 Speaker 1: out as early as next week, which has been reported 352 00:20:22,119 --> 00:20:24,960 Speaker 1: by many outlets. But again, let's not be let's not 353 00:20:25,080 --> 00:20:27,800 Speaker 1: you know, pass the buck here. He lied to federal 354 00:20:27,880 --> 00:20:31,440 Speaker 1: investigators to protect Russian nationals. That is a big problem. 355 00:20:31,520 --> 00:20:36,320 Speaker 1: Speaking of lies. Michael Cohen, President Trump's former fixer, Michael Cohen, 356 00:20:36,720 --> 00:20:41,320 Speaker 1: he was actually on Capitol Hill today, Senate meeting with 357 00:20:41,800 --> 00:20:44,600 Speaker 1: staff of the Senate Intelligence Committee in their secure space. 358 00:20:44,600 --> 00:20:46,719 Speaker 1: I don't know if you I know, Kevin, have you been. 359 00:20:47,480 --> 00:20:50,520 Speaker 1: There's like this secure space and I believe it's like 360 00:20:50,640 --> 00:20:53,119 Speaker 1: between dirks and heart Well and they and they have 361 00:20:53,200 --> 00:20:55,800 Speaker 1: another one to have in the new Capitol Visitors Center 362 00:20:55,840 --> 00:21:00,320 Speaker 1: and yeah, uh. And anyway, so he was up there 363 00:21:00,800 --> 00:21:05,760 Speaker 1: because he actually is going to testify next Wednesday. Next 364 00:21:06,040 --> 00:21:09,520 Speaker 1: on Wednesday, and talking about Holy Hannoie coming up. We're 365 00:21:09,520 --> 00:21:12,359 Speaker 1: gonna stick with Hannoi. But we're also I feel like 366 00:21:12,359 --> 00:21:15,800 Speaker 1: we've just gotten through It's like I'm a court reporter again. 367 00:21:15,840 --> 00:21:18,640 Speaker 1: I used to cover crime. UH three cases in one 368 00:21:18,640 --> 00:21:20,760 Speaker 1: segment coming up, Panel stays they can do it all, 369 00:21:20,800 --> 00:21:24,000 Speaker 1: trade to court and we're heading to Vietnam. Kevin Walling, 370 00:21:24,040 --> 00:21:28,120 Speaker 1: Democratic strategist, Sure, Michael Singleton Republican strategists. Check us out 371 00:21:28,200 --> 00:21:31,560 Speaker 1: on the Apple iTunes just search for Sound On. We 372 00:21:31,640 --> 00:21:34,600 Speaker 1: post our shows there afterwards, as well as on Bloomberg 373 00:21:34,640 --> 00:21:37,399 Speaker 1: dot com or download the Bloomberg Business App. You can 374 00:21:37,440 --> 00:21:39,800 Speaker 1: also check us out on Radio dot com and I 375 00:21:39,920 --> 00:21:45,280 Speaker 1: Heart Radio. I'm Kevin CURRELLI you're listening to Bloomberg. This 376 00:21:45,840 --> 00:21:50,560 Speaker 1: is Sound On with Kevin Serial on Bloomberg and one 377 00:21:51,359 --> 00:21:57,119 Speaker 1: seven m h D two Baltimore. At Georgetown game last night, 378 00:21:57,240 --> 00:22:01,320 Speaker 1: they upset Villa Nova. They beat him to seventy three. 379 00:22:01,359 --> 00:22:03,119 Speaker 1: I was it's close to going to the game, but 380 00:22:03,160 --> 00:22:05,840 Speaker 1: I couldn't make it. Congratulations, So all of those Georgetown 381 00:22:05,880 --> 00:22:09,040 Speaker 1: hoya's out there on that uh soon to be March 382 00:22:09,119 --> 00:22:12,320 Speaker 1: Madness upset. We were talking earlier in the show about 383 00:22:12,400 --> 00:22:14,960 Speaker 1: US China trade relations. We got caught up to speed 384 00:22:15,000 --> 00:22:18,960 Speaker 1: on all of the different court cases surrounding the Mueller investigation. 385 00:22:19,320 --> 00:22:21,520 Speaker 1: But the big news for next week is that President 386 00:22:21,560 --> 00:22:24,840 Speaker 1: Trump is headed to Vietnam. To meet with North Korea 387 00:22:24,920 --> 00:22:29,360 Speaker 1: leader Kim Jongoon to continue to negotiate on d nuclearization 388 00:22:29,600 --> 00:22:32,560 Speaker 1: peace talks. My guest with me for the hour. Kevin Walling, 389 00:22:32,600 --> 00:22:37,240 Speaker 1: democratic strategist at h G Creative Media, an opposition research firm, 390 00:22:38,000 --> 00:22:46,520 Speaker 1: TV and media shot like political dark Arts. Um Sure. 391 00:22:46,560 --> 00:22:50,480 Speaker 1: Michael Singleton, Republican strategists and contributing host at Vox Media's 392 00:22:50,520 --> 00:22:53,639 Speaker 1: consider it. You can check that out on Facebook watch 393 00:22:53,760 --> 00:22:57,080 Speaker 1: a former political opposition research Yeah. I did it for 394 00:22:57,119 --> 00:23:01,800 Speaker 1: a year back in Republicans all that big wave. We'll 395 00:23:01,800 --> 00:23:04,000 Speaker 1: get into that coming up, but let's stick in Vietnam. 396 00:23:04,080 --> 00:23:08,359 Speaker 1: I'm actually heading there. I leave Sunday. I got I 397 00:23:08,400 --> 00:23:10,760 Speaker 1: got vaccinated today. I got like three shots. I got 398 00:23:10,800 --> 00:23:13,240 Speaker 1: my vaccines, So I'm not gonna get I mean, now 399 00:23:13,240 --> 00:23:15,920 Speaker 1: that I'm saying this, I'm gonna like hopefully stay away 400 00:23:15,960 --> 00:23:18,520 Speaker 1: from the then Margaret Talive White House senior White House 401 00:23:18,520 --> 00:23:20,320 Speaker 1: reporter before I came on here, I said, oh, I 402 00:23:20,320 --> 00:23:21,800 Speaker 1: got my vaccines, and she goes, You know, it takes 403 00:23:21,800 --> 00:23:24,080 Speaker 1: like two weeks to to like kick in. I said, thanks, Margaret, 404 00:23:24,080 --> 00:23:28,520 Speaker 1: see over there Vietnam. But for real, President Trump is 405 00:23:29,000 --> 00:23:32,720 Speaker 1: going over there to Hanoi to negotiate the second time 406 00:23:32,920 --> 00:23:36,240 Speaker 1: I was there with him in uh Singapore when he 407 00:23:36,280 --> 00:23:40,200 Speaker 1: met with Kim Jongoon. And what what is going to 408 00:23:40,280 --> 00:23:43,639 Speaker 1: be the major breakthrough? What are you looking for sure, Michael, 409 00:23:43,720 --> 00:23:45,679 Speaker 1: to come out of the next week's something. I need 410 00:23:45,760 --> 00:23:49,760 Speaker 1: to hear a guarantee from the North Korean leader that 411 00:23:49,840 --> 00:23:53,680 Speaker 1: they will actually cease not just firing missiles, but they 412 00:23:53,680 --> 00:23:57,159 Speaker 1: will cease the program altogether. And the President hasn't been 413 00:23:57,200 --> 00:23:59,480 Speaker 1: able to get that commitment yet, and I think that's 414 00:23:59,560 --> 00:24:01,840 Speaker 1: a lot of people are going to be looking for. 415 00:24:01,920 --> 00:24:04,760 Speaker 1: I give the President credit thus far, though, Listen, we're 416 00:24:04,760 --> 00:24:07,480 Speaker 1: in agreement from Michael. We need concrete things coming out 417 00:24:08,119 --> 00:24:10,800 Speaker 1: of this summit, and we need administration on the same 418 00:24:10,800 --> 00:24:12,680 Speaker 1: page with one another. When you have Dan Coats, the 419 00:24:12,760 --> 00:24:14,919 Speaker 1: d and I going before Congress and saying one thing 420 00:24:14,920 --> 00:24:18,320 Speaker 1: about the North Korean situation, angering the president because he 421 00:24:18,480 --> 00:24:21,159 Speaker 1: deals in reality and he sees the intelligence and the 422 00:24:21,240 --> 00:24:24,080 Speaker 1: present saying something completely different, I want is a first 423 00:24:24,119 --> 00:24:26,119 Speaker 1: step for this administration to get on the same page 424 00:24:26,119 --> 00:24:30,120 Speaker 1: with what intelligence is coming out of North Korea. But okay, 425 00:24:30,160 --> 00:24:33,240 Speaker 1: to to take a broader step back. I'm old enough 426 00:24:33,280 --> 00:24:36,639 Speaker 1: to remember when President Trump was tweeting out rocket Man 427 00:24:36,840 --> 00:24:39,800 Speaker 1: and like remember that, and like you you look at 428 00:24:39,800 --> 00:24:43,520 Speaker 1: the political but all of that, and you would look 429 00:24:43,520 --> 00:24:47,880 Speaker 1: at the political volatility, and next an economic measurement of 430 00:24:48,000 --> 00:24:51,280 Speaker 1: how nervous this was making traders and whatnot. Who was 431 00:24:51,400 --> 00:24:54,919 Speaker 1: like insane to watch in real time on the Bloomberg terminal, 432 00:24:55,200 --> 00:24:58,800 Speaker 1: how the president's tweets with the North Korea leader, we're 433 00:24:58,880 --> 00:25:02,560 Speaker 1: impacting volatility in the in the marketplace. Okay, So that 434 00:25:02,720 --> 00:25:04,200 Speaker 1: was like, what not even a year and a half 435 00:25:04,240 --> 00:25:07,240 Speaker 1: ago maybe, And then now we're in a situation where 436 00:25:07,600 --> 00:25:10,320 Speaker 1: Kim Jong yun, the thirty three, their thirty something year 437 00:25:10,359 --> 00:25:15,760 Speaker 1: old dictator, is not firing off missiles and I don't know, 438 00:25:15,920 --> 00:25:19,440 Speaker 1: I mean keV Yeah, yeah, it could be worse. It 439 00:25:19,440 --> 00:25:21,639 Speaker 1: could be nuclear war. But here here's my problem, and 440 00:25:21,680 --> 00:25:24,480 Speaker 1: that we we haven't gotten any anything concrete from North Korea. 441 00:25:24,520 --> 00:25:27,560 Speaker 1: And what we've done is elevated Kim Jong un and 442 00:25:27,720 --> 00:25:32,040 Speaker 1: his his tyrannical administration on the same level as the 443 00:25:32,080 --> 00:25:34,359 Speaker 1: United States. When I saw in Singapore the American flag 444 00:25:34,720 --> 00:25:37,160 Speaker 1: sitting next to the North Korean flag without getting any 445 00:25:37,200 --> 00:25:39,400 Speaker 1: guarantees from the North Koreans coming out of that, either 446 00:25:39,440 --> 00:25:44,080 Speaker 1: beforehand or after and nothing coming into the negotiations and annoy. 447 00:25:44,200 --> 00:25:46,560 Speaker 1: That gives me pause because we've given the North Koreans 448 00:25:46,560 --> 00:25:49,160 Speaker 1: everything they want. They've got a world platform. He's standing 449 00:25:49,160 --> 00:25:51,640 Speaker 1: next to the leader of the free world, and we've 450 00:25:51,640 --> 00:25:55,520 Speaker 1: got nothing concrete in terms of having But but but 451 00:25:55,560 --> 00:25:58,879 Speaker 1: their nuke program doesn't don't. I mean, but they're still testing. 452 00:25:58,920 --> 00:26:01,879 Speaker 1: They're still testing, and they're still building. And our intelligence 453 00:26:01,880 --> 00:26:03,960 Speaker 1: shows and our intelligence that's what the d N I 454 00:26:04,000 --> 00:26:06,359 Speaker 1: said Dan Coates, who sees it every single day. But 455 00:26:06,400 --> 00:26:10,360 Speaker 1: it's not like the US is the only superpower. I mean, 456 00:26:10,560 --> 00:26:13,119 Speaker 1: the Obama administer this has been US policy that this 457 00:26:13,160 --> 00:26:15,240 Speaker 1: is a problem with North coming back to his grandfather. 458 00:26:16,080 --> 00:26:19,480 Speaker 1: But but but you have China putting pressure on them, 459 00:26:19,640 --> 00:26:23,639 Speaker 1: obviously given their border that China, China doesn't want to 460 00:26:23,680 --> 00:26:26,119 Speaker 1: deal with that migration. They have a migration issue on 461 00:26:26,160 --> 00:26:30,040 Speaker 1: the border. You have Russia even pressuring this situation. So, 462 00:26:30,400 --> 00:26:33,360 Speaker 1: I mean, I think everyone is trying to figure out 463 00:26:33,400 --> 00:26:36,879 Speaker 1: what does this thirty something want in the long term. 464 00:26:37,119 --> 00:26:40,159 Speaker 1: But I he wantacy and he's and he's getting it 465 00:26:40,200 --> 00:26:43,000 Speaker 1: from this president. No, I think you're correct. I think 466 00:26:43,040 --> 00:26:46,520 Speaker 1: he wants legitimacy and a lot of experts on North Korea, 467 00:26:46,560 --> 00:26:48,720 Speaker 1: and I believe Dan Coats even at least alluded to 468 00:26:48,760 --> 00:26:51,840 Speaker 1: this in previous statements, that they're going to utilize this 469 00:26:52,000 --> 00:26:55,119 Speaker 1: for full propaganda to be able to show Kim jongu 470 00:26:55,200 --> 00:26:59,399 Speaker 1: next to the President of the United States, we are equal, 471 00:26:59,400 --> 00:27:01,679 Speaker 1: and we're given them that. Yeah, but I mean but 472 00:27:01,800 --> 00:27:06,680 Speaker 1: they're not. I mean like you. But the folks in 473 00:27:06,760 --> 00:27:09,359 Speaker 1: North Korea don't know that woman on the news every 474 00:27:09,480 --> 00:27:13,119 Speaker 1: night in North Korea in her pink kimono is showing 475 00:27:13,119 --> 00:27:17,080 Speaker 1: these images all right. Well, Also in terms of international travel, 476 00:27:17,160 --> 00:27:19,200 Speaker 1: it's going to be a really massive news week next 477 00:27:19,240 --> 00:27:22,840 Speaker 1: week and we will be broadcasting from Hanoi on Tuesday 478 00:27:22,920 --> 00:27:26,080 Speaker 1: through Friday of next week. Uh as we go over 479 00:27:26,119 --> 00:27:27,680 Speaker 1: there and embark on that. But there was some other 480 00:27:27,720 --> 00:27:30,080 Speaker 1: news today, which is Vice President Mike Pence He's actually 481 00:27:30,080 --> 00:27:34,159 Speaker 1: going to Venezuela on Monday to this of course, following 482 00:27:34,840 --> 00:27:39,920 Speaker 1: Guido's the acting president there elected by the People's Congress 483 00:27:39,960 --> 00:27:43,719 Speaker 1: over there. Of course, you've got the situation with Venezuela's 484 00:27:43,760 --> 00:27:47,720 Speaker 1: dictator Maduro. Uh. Really nonpart is in consensus by the way, 485 00:27:47,720 --> 00:27:50,879 Speaker 1: from Speaker Pelosi as well as Republicans that pun Guido 486 00:27:51,080 --> 00:27:56,360 Speaker 1: is the president, so it's gonna be pretty amazing to have, Well, 487 00:27:56,359 --> 00:27:59,040 Speaker 1: I guess, I mean, really a week where you've got 488 00:27:59,040 --> 00:28:00,800 Speaker 1: the vice president who's really taking the lead on the 489 00:28:00,840 --> 00:28:03,439 Speaker 1: issue of Venezuela, and then of course President Trump over 490 00:28:03,480 --> 00:28:06,600 Speaker 1: there in HANOI will be following all of those developments 491 00:28:06,600 --> 00:28:09,600 Speaker 1: coming up. Our panel stays we talked about, well, we 492 00:28:09,680 --> 00:28:13,560 Speaker 1: got to talk about Virginia, especially given uh sure Michael's 493 00:28:13,600 --> 00:28:16,680 Speaker 1: past as a political opposition research. Do you ever get 494 00:28:16,680 --> 00:28:18,680 Speaker 1: out of the political dark arts once you've been in them? 495 00:28:19,040 --> 00:28:23,280 Speaker 1: Kevin Walling also stays strategist. Remember check is the sound 496 00:28:23,320 --> 00:28:25,919 Speaker 1: on podcast on Apple iTunes, at Bloomberg dot Com or 497 00:28:25,960 --> 00:28:28,760 Speaker 1: getting the Bloomberg Business app. You can also find us 498 00:28:28,760 --> 00:28:31,719 Speaker 1: on radio dot com and I Heart Radio. I'm Kevin Sirelli. 499 00:28:31,800 --> 00:28:37,320 Speaker 1: You're listening to Bloomberg Sound On with Kevin's really on 500 00:28:37,480 --> 00:28:41,080 Speaker 1: Bloomberg and one oh five point seven of m h 501 00:28:41,200 --> 00:28:46,680 Speaker 1: D two Baltimore. We've made a lot of progress, We've 502 00:28:46,720 --> 00:28:48,479 Speaker 1: made a tremendous amount. That doesn't mean this is going 503 00:28:48,520 --> 00:28:50,400 Speaker 1: to be the last meeting, because I don't believe it will. 504 00:28:51,160 --> 00:28:54,720 Speaker 1: But we have subjects to discuss which will be very fruitful. 505 00:28:54,760 --> 00:28:57,400 Speaker 1: I believe there we go. That was President Trump speaking 506 00:28:57,520 --> 00:29:01,040 Speaker 1: yesterday at the White House. He says that the meeting 507 00:29:01,120 --> 00:29:04,160 Speaker 1: with he and Kim John Nune of North Korea, set 508 00:29:04,200 --> 00:29:08,040 Speaker 1: to take place next week in Hannoi, Vietnam, is going 509 00:29:08,080 --> 00:29:10,560 Speaker 1: to be quote unquote fruitful. We were talking about that earlier, 510 00:29:11,120 --> 00:29:14,720 Speaker 1: also talking about all of the latest legal drama surrounding 511 00:29:14,760 --> 00:29:19,680 Speaker 1: the administration. Remember folks, CNN reporting yesterday that the Mueller 512 00:29:19,800 --> 00:29:23,720 Speaker 1: investigation might be complete an Attorney General Bill Barr might 513 00:29:23,840 --> 00:29:29,760 Speaker 1: submit the summary report to Congress next week while the 514 00:29:29,800 --> 00:29:35,560 Speaker 1: President is traveling in Hannoi Vietnam. Vice President Mike Pence 515 00:29:35,680 --> 00:29:40,160 Speaker 1: is set to be on Monday in Colombia. The whole 516 00:29:40,160 --> 00:29:47,600 Speaker 1: situation there with Juangarido, the acting president of Venezuela. Given 517 00:29:47,640 --> 00:29:50,800 Speaker 1: the dynamics there with the dictator Maduro, the US formerly 518 00:29:51,400 --> 00:29:55,520 Speaker 1: both Democrats and Republicans minus I guess Democratic congresswoman and 519 00:29:56,200 --> 00:30:00,680 Speaker 1: I guess presidential candidate Telsea Gabert, she's been very critical 520 00:30:00,880 --> 00:30:04,280 Speaker 1: of that. The loan of THEO. That's Kevin Wallinger just 521 00:30:04,320 --> 00:30:07,040 Speaker 1: chimed in. He has a Democratic strategist at h G 522 00:30:07,200 --> 00:30:10,520 Speaker 1: Creative Media, and sure Michael Singleton is a Republican strategist 523 00:30:10,560 --> 00:30:14,760 Speaker 1: and contributing host of Box Media's considerate Telsea's running for 524 00:30:14,800 --> 00:30:17,480 Speaker 1: presidents though she who should not be mentioned. She's like 525 00:30:17,560 --> 00:30:22,040 Speaker 1: Voldemort in in my estimation. Okay, as a Democrat, why 526 00:30:22,080 --> 00:30:25,160 Speaker 1: because there are many things she She defends assad, she 527 00:30:25,200 --> 00:30:28,120 Speaker 1: defends Medoro. That's that's not what Democrats stand for. It's 528 00:30:28,160 --> 00:30:30,560 Speaker 1: not what Republicans stand for. You know, we don't stand 529 00:30:30,600 --> 00:30:35,959 Speaker 1: with dictators that that harm and target a press, refugees 530 00:30:36,000 --> 00:30:37,760 Speaker 1: in their own countries. That's not what we stand for. 531 00:30:37,880 --> 00:30:41,360 Speaker 1: I will say, you're a congresswoman Gabbard, having served in 532 00:30:41,360 --> 00:30:44,240 Speaker 1: the military, it is interesting to hear her perspective. She 533 00:30:44,320 --> 00:30:47,480 Speaker 1: is someone who fought for the country, but her positions, 534 00:30:47,520 --> 00:30:51,680 Speaker 1: as you mentioned, are are not the majority in terms 535 00:30:51,760 --> 00:30:54,840 Speaker 1: of either political party. Did you guys see this? Was 536 00:30:54,880 --> 00:30:56,360 Speaker 1: she one of the folks on the cover of this 537 00:30:56,400 --> 00:30:59,840 Speaker 1: Time magazine. Did you guys see the Time? So if 538 00:30:59,840 --> 00:31:01,680 Speaker 1: you haven't seen it, I'll paint the pictures. Since I'm 539 00:31:01,720 --> 00:31:05,600 Speaker 1: on radio right now, I cover. Everyone asked what's the 540 00:31:05,600 --> 00:31:07,760 Speaker 1: difference between switching back from TV and radio. It's like 541 00:31:08,040 --> 00:31:10,360 Speaker 1: you have to you have to paint the picture you 542 00:31:10,400 --> 00:31:12,720 Speaker 1: do and I know, sure, Michael, you're actually a painter. 543 00:31:12,840 --> 00:31:14,760 Speaker 1: In your three times, I am. It's one of the 544 00:31:14,800 --> 00:31:18,160 Speaker 1: things that I enjoy oil paintings. It's something that gets 545 00:31:18,160 --> 00:31:25,080 Speaker 1: you away from politics or people. Sometimes portraits. Okay, so 546 00:31:25,160 --> 00:31:29,680 Speaker 1: here's what time I'm gonna I want a portrait the 547 00:31:29,760 --> 00:31:32,280 Speaker 1: Time magazine cover. It's President Trump in the Oval Office. 548 00:31:32,280 --> 00:31:35,200 Speaker 1: He's sitting there, and then you've got the windows behind 549 00:31:35,280 --> 00:31:37,880 Speaker 1: him in the Oval office, and it's virtually like every 550 00:31:38,040 --> 00:31:43,320 Speaker 1: presidential hopeful in the Democratic Party in part of my party. 551 00:31:43,440 --> 00:31:47,560 Speaker 1: And and also, okay, so in this picture, who do 552 00:31:47,560 --> 00:31:49,960 Speaker 1: you guys like? I think Senator Sharon Brown he's mulling 553 00:31:50,120 --> 00:31:54,760 Speaker 1: a presidential run Democrat from a high because she did 554 00:31:54,880 --> 00:31:57,959 Speaker 1: very well in her state, winning almost every single county 555 00:31:58,000 --> 00:32:00,520 Speaker 1: that Trump won, with the exception of two. If she 556 00:32:00,600 --> 00:32:04,120 Speaker 1: compare with an African American or someone who's younger and diverse, 557 00:32:04,640 --> 00:32:06,400 Speaker 1: I think that would be a really strong take. So 558 00:32:06,480 --> 00:32:10,880 Speaker 1: you don't buy these allegations of her being a bad boss, Kevin. 559 00:32:11,480 --> 00:32:14,560 Speaker 1: Politics is tough. People need to get over it. Wow, 560 00:32:15,080 --> 00:32:18,640 Speaker 1: politics bag, No, it's not. When I interviewed Rogers, one 561 00:32:18,680 --> 00:32:21,160 Speaker 1: of the first when I interviewed Roger starting on TV 562 00:32:21,280 --> 00:32:23,680 Speaker 1: like a year ago, he was like politics is a 563 00:32:23,680 --> 00:32:27,160 Speaker 1: blood sport. It's not bean bag or something. I agree 564 00:32:27,160 --> 00:32:30,800 Speaker 1: with him, Kevin, Yeah, amen, Amen, And I you know, 565 00:32:31,040 --> 00:32:33,400 Speaker 1: I also wonder how I agree with you. Amy Clibar 566 00:32:33,480 --> 00:32:35,560 Speaker 1: is a great candidate. She she has the intellectual haft 567 00:32:35,600 --> 00:32:38,000 Speaker 1: for it. She's out there in the Senate um. And 568 00:32:38,240 --> 00:32:40,840 Speaker 1: I wonder how much of this criticism is based in sexism? 569 00:32:40,920 --> 00:32:44,080 Speaker 1: Right as a tough woman who's a leader on issues, 570 00:32:44,120 --> 00:32:46,400 Speaker 1: how much of that is because of her gender and not? 571 00:32:46,640 --> 00:32:48,960 Speaker 1: You know, if if she was a man, would you 572 00:32:48,960 --> 00:32:50,720 Speaker 1: have the same criticism. Gonna quote Tom Keene right now, 573 00:32:50,800 --> 00:32:53,440 Speaker 1: I'm gonna rip up the script to quote my good 574 00:32:53,440 --> 00:32:56,120 Speaker 1: buddy and friend and mentor at Bloomberg, Tom King. Let's 575 00:32:56,200 --> 00:32:58,040 Speaker 1: rip up the script. Okay, let's stick with this. Both 576 00:32:58,080 --> 00:33:01,080 Speaker 1: of you have worked in opposition search and you've got 577 00:33:01,160 --> 00:33:03,640 Speaker 1: these reports coming out. We in Washington all know how 578 00:33:03,680 --> 00:33:06,600 Speaker 1: the sausage gets made in the sense of anonymous sourcing, 579 00:33:06,640 --> 00:33:10,320 Speaker 1: and folks call reporters and dumped the APO. Senator Quobhar 580 00:33:10,440 --> 00:33:13,920 Speaker 1: clearly had some OPO research done against her. Let's take 581 00:33:13,920 --> 00:33:16,600 Speaker 1: away whether it's true, false, or what you think of it. 582 00:33:16,840 --> 00:33:20,080 Speaker 1: But why is this happening so soon as as both 583 00:33:20,120 --> 00:33:22,000 Speaker 1: of you have worked on opposite sides of the aisle 584 00:33:22,000 --> 00:33:24,840 Speaker 1: on OPO research. Kevin, Yeah, I mean she she's got clearly, 585 00:33:24,880 --> 00:33:27,760 Speaker 1: she's got some disgruntled former staff right that have bottled 586 00:33:27,760 --> 00:33:29,520 Speaker 1: this up for a while and saw an opening to 587 00:33:29,600 --> 00:33:32,040 Speaker 1: attack her in this way. But again, if you get 588 00:33:32,040 --> 00:33:34,200 Speaker 1: out of the bubble here in d C, no one cares. 589 00:33:35,520 --> 00:33:37,120 Speaker 1: I write interrupt you here because I want to even 590 00:33:37,120 --> 00:33:39,880 Speaker 1: dig deeper, because it also shows savvness on some of 591 00:33:39,880 --> 00:33:44,960 Speaker 1: her competitors that they're already strategizing to try to characterize someone, 592 00:33:45,280 --> 00:33:48,800 Speaker 1: and that that positioning to characterize someone in the Democratic 593 00:33:48,800 --> 00:33:52,160 Speaker 1: Party this early in the race, to to try to 594 00:33:52,240 --> 00:33:55,480 Speaker 1: put out the spark before it catches fire. That shows 595 00:33:55,480 --> 00:33:57,200 Speaker 1: that this is gonna be a blunt state does But 596 00:33:57,240 --> 00:34:00,400 Speaker 1: I think that could backfire. I think after twenty eighteen, 597 00:34:00,480 --> 00:34:02,920 Speaker 1: this is going to be the year of women once again, 598 00:34:03,440 --> 00:34:06,280 Speaker 1: and to attempt to characterize a woman as a villain 599 00:34:06,560 --> 00:34:08,239 Speaker 1: when who we have in the White House, and I'm 600 00:34:08,239 --> 00:34:11,240 Speaker 1: saying this as a conservative, I think it falls on definitely. 601 00:34:11,680 --> 00:34:14,600 Speaker 1: But put put put on your political apo cap. Take 602 00:34:14,640 --> 00:34:17,920 Speaker 1: me back when you were doing opposition research against Senator 603 00:34:17,920 --> 00:34:21,799 Speaker 1: Mark Warner in the early days of your political career. Okay, 604 00:34:22,080 --> 00:34:26,000 Speaker 1: what is the advantage of starting OPO this early or 605 00:34:26,120 --> 00:34:28,960 Speaker 1: is it a disadvantage? Well, what it shows is that 606 00:34:29,080 --> 00:34:31,880 Speaker 1: whomever leaked this to the press or discovered this, it 607 00:34:31,920 --> 00:34:34,400 Speaker 1: shows that that individual is going to go to great 608 00:34:34,480 --> 00:34:38,080 Speaker 1: lens to try to characterize himself above the rest of 609 00:34:38,120 --> 00:34:41,480 Speaker 1: the field. And that means finding every little nasty, dirty 610 00:34:41,560 --> 00:34:44,600 Speaker 1: thing on each of their opponents and and and slowly 611 00:34:44,680 --> 00:34:47,319 Speaker 1: leaking it out the show. You don't want someone with 612 00:34:47,360 --> 00:34:50,560 Speaker 1: this type of character. You want someone who can rise 613 00:34:50,600 --> 00:34:53,200 Speaker 1: above the See. This is what I find so interesting 614 00:34:53,200 --> 00:34:56,200 Speaker 1: about the world of opposition research. It's like House of 615 00:34:56,280 --> 00:34:58,840 Speaker 1: Cards and a lot less West Week but honest, a 616 00:34:58,840 --> 00:35:03,239 Speaker 1: lot more veep. Right, that's true. But but but let 617 00:35:03,360 --> 00:35:05,120 Speaker 1: let me even because I think, if you're driving home 618 00:35:05,160 --> 00:35:06,400 Speaker 1: in your car right now and you see all of 619 00:35:06,440 --> 00:35:11,160 Speaker 1: these stories about all of these political opposition stories on 620 00:35:11,200 --> 00:35:15,080 Speaker 1: the left and on the right, does the principal candidate 621 00:35:15,760 --> 00:35:18,680 Speaker 1: is say, go negative or is it that dramatic or 622 00:35:18,719 --> 00:35:21,239 Speaker 1: do they know when they're hiring firms, are working with 623 00:35:21,320 --> 00:35:25,759 Speaker 1: firms that they know that that there's gonna be that 624 00:35:25,840 --> 00:35:28,279 Speaker 1: there's gonna be the these types of story. I will 625 00:35:28,320 --> 00:35:31,080 Speaker 1: say this when I was an opposition researcher, the principle 626 00:35:31,239 --> 00:35:34,840 Speaker 1: absolutely knew that someone on the campaign was going to 627 00:35:34,920 --> 00:35:37,680 Speaker 1: hire up said firm to dig up dirt on each 628 00:35:37,680 --> 00:35:40,120 Speaker 1: of their opponents. They knew that for a fact, and 629 00:35:40,160 --> 00:35:43,760 Speaker 1: many times I actually interacted with the principle to show 630 00:35:43,920 --> 00:35:46,000 Speaker 1: this is what we have found. Is up to your 631 00:35:46,080 --> 00:35:48,200 Speaker 1: strategist and advisors to figure out how you want to 632 00:35:48,239 --> 00:35:51,160 Speaker 1: utilize said material. And part of that prostitute and correct 633 00:35:51,160 --> 00:35:53,480 Speaker 1: me if I'm wrong, is doing a self assessment too. 634 00:35:53,520 --> 00:35:56,359 Speaker 1: I mean, you're the opposition researcher that is focusing on 635 00:35:56,400 --> 00:35:58,759 Speaker 1: other people, is also writing a book on your The 636 00:35:58,840 --> 00:36:01,280 Speaker 1: first thing you do care is to do the Apple 637 00:36:01,360 --> 00:36:06,520 Speaker 1: book on the principle that you were hired to pet romantic. 638 00:36:06,960 --> 00:36:09,520 Speaker 1: I mean like this is but like okay, so I 639 00:36:09,520 --> 00:36:11,600 Speaker 1: guess nowadays, if you're if you're one of the dozen 640 00:36:11,680 --> 00:36:15,440 Speaker 1: or so candidates running for president, you truly cannot I 641 00:36:15,440 --> 00:36:17,480 Speaker 1: mean this is you can't. I mean like this is 642 00:36:17,560 --> 00:36:20,440 Speaker 1: this is just Cam shouldn't be caught off guard, Kevin, 643 00:36:20,440 --> 00:36:23,160 Speaker 1: because the whole process of doing appo on the candidate 644 00:36:23,600 --> 00:36:25,600 Speaker 1: is so that the folks in the Colms shop can 645 00:36:25,640 --> 00:36:28,920 Speaker 1: figure out a alternative message to anything that could potentially 646 00:36:28,960 --> 00:36:31,160 Speaker 1: come out that may be damaging that they already know 647 00:36:31,560 --> 00:36:36,640 Speaker 1: about their principle, whether it's something with finances, extra marital affairs, plagiarism, 648 00:36:36,640 --> 00:36:39,400 Speaker 1: whatever the case may be. These candidates should not be 649 00:36:39,520 --> 00:36:42,279 Speaker 1: caught off guard that they are. They didn't hire the right. 650 00:36:42,280 --> 00:36:45,680 Speaker 1: I think what's different about this cycle, and you know, 651 00:36:45,840 --> 00:36:50,400 Speaker 1: is that all of these political blogging type stories with 652 00:36:50,440 --> 00:36:54,359 Speaker 1: anonymous sources and all the characterizations. Social media has even 653 00:36:54,400 --> 00:36:58,600 Speaker 1: intensified since then. So you've got AOC who can you know, 654 00:36:59,000 --> 00:37:01,920 Speaker 1: literally go tip for at with a story or a reporter, 655 00:37:02,520 --> 00:37:07,040 Speaker 1: And I think it's just it's President Trump has kind 656 00:37:07,040 --> 00:37:09,080 Speaker 1: of done that as well. Okay, but who do you 657 00:37:09,080 --> 00:37:10,919 Speaker 1: guys like? Who in the in this crowded them field. 658 00:37:10,960 --> 00:37:12,919 Speaker 1: I mean, who's who's who's out to a good good show? 659 00:37:13,280 --> 00:37:16,279 Speaker 1: Joe Biden all the other where a guy I love 660 00:37:16,320 --> 00:37:18,520 Speaker 1: the vice president. He I think he can bring the 661 00:37:18,520 --> 00:37:20,759 Speaker 1: fight as her Michael said, I think, you know, in 662 00:37:20,840 --> 00:37:23,040 Speaker 1: relation to Amy Clibatar, he's gonna want to pick a 663 00:37:23,080 --> 00:37:25,560 Speaker 1: person of color or a woman to balance out that ticket. 664 00:37:25,600 --> 00:37:28,040 Speaker 1: I hope. So it looks really like the Democratic Party 665 00:37:28,280 --> 00:37:31,200 Speaker 1: when they eventually run and sources are saying that he's 666 00:37:31,200 --> 00:37:32,719 Speaker 1: going to make up. He's already made up his mind 667 00:37:32,760 --> 00:37:35,000 Speaker 1: that he's running. He's already hired staff, he's already hired 668 00:37:35,000 --> 00:37:37,640 Speaker 1: consultants that I know about, and is gearing up to 669 00:37:37,680 --> 00:37:40,399 Speaker 1: announce in the next couple of weeks. Well, I mean, 670 00:37:40,440 --> 00:37:43,319 Speaker 1: but what do you say. Do you think that okay? 671 00:37:43,320 --> 00:37:45,800 Speaker 1: Because everyone knows this right every time he's run for 672 00:37:45,840 --> 00:37:48,520 Speaker 1: presidents the past few times, he sides for his relationship 673 00:37:48,560 --> 00:37:50,759 Speaker 1: with the financial community. When you look at someone like 674 00:37:50,800 --> 00:37:53,560 Speaker 1: Senna under standers, when you look at where the base 675 00:37:53,719 --> 00:37:55,400 Speaker 1: is right now, is he in line with the base? 676 00:37:55,800 --> 00:37:57,080 Speaker 1: I don't know if he's in line with the base. 677 00:37:57,120 --> 00:37:58,759 Speaker 1: But as Joe Biden said, don't you have to be 678 00:37:58,840 --> 00:38:01,360 Speaker 1: don't as Joe Biden says, don't compare me to the alternative, 679 00:38:01,360 --> 00:38:03,400 Speaker 1: compared me to the don't compare me to the almighty, 680 00:38:03,400 --> 00:38:06,120 Speaker 1: Compare me to the alternative. And in that race when 681 00:38:06,120 --> 00:38:10,840 Speaker 1: he's fighting Donald Trump, this is insurancing point because in 682 00:38:10,880 --> 00:38:14,080 Speaker 1: the primary, the alternative is like the twelve other people 683 00:38:14,200 --> 00:38:18,280 Speaker 1: he's running right now in north in in New Hampshire, 684 00:38:18,400 --> 00:38:21,000 Speaker 1: right now, right before he announces. If he continues to 685 00:38:21,080 --> 00:38:23,680 Speaker 1: carry that coalition, he will be successful because then you 686 00:38:23,719 --> 00:38:26,319 Speaker 1: pivot right to north to South Carolina and he can 687 00:38:26,320 --> 00:38:28,960 Speaker 1: win that primary in those initial states. All right, we 688 00:38:29,000 --> 00:38:33,360 Speaker 1: got Kevin. Let's just be realistic here, guys. Bernie Sanders 689 00:38:33,440 --> 00:38:36,440 Speaker 1: has a message that does not resonate with a large 690 00:38:36,560 --> 00:38:40,080 Speaker 1: percentage of this country at the base. And people said 691 00:38:40,120 --> 00:38:43,960 Speaker 1: the same thing about Trump. His views are becoming more 692 00:38:43,960 --> 00:38:47,040 Speaker 1: and more mainstream, which is kind of interesting enough. And 693 00:38:47,239 --> 00:38:49,640 Speaker 1: as you really say, he's in Africa, but he needs 694 00:38:49,680 --> 00:38:53,359 Speaker 1: African Americans American and without African Americans, you can't win 695 00:38:54,000 --> 00:38:58,120 Speaker 1: if you're a Democrat. You just can't. I actually think 696 00:38:58,160 --> 00:39:00,080 Speaker 1: that she She's at nine percent in New Hampshi. It 697 00:39:00,160 --> 00:39:02,040 Speaker 1: was interesting, pretty good. I mean, you know, you got 698 00:39:02,040 --> 00:39:05,399 Speaker 1: Boston nearby will be the immediate front runner. Absolutely, we've 699 00:39:05,440 --> 00:39:09,879 Speaker 1: got I think Sanders is the front runner. I think, yeah, 700 00:39:10,000 --> 00:39:13,920 Speaker 1: it's it's so it's still so far away. I mean, 701 00:39:13,920 --> 00:39:15,200 Speaker 1: this is why we all got into it. It's like, 702 00:39:15,200 --> 00:39:18,319 Speaker 1: you know, like I get it, but cover you know 703 00:39:18,360 --> 00:39:22,200 Speaker 1: that Time cover, that Time magazine cover. All right. Kevin Walling, 704 00:39:22,239 --> 00:39:27,280 Speaker 1: Democratic strategists at h G Creative Media and scher Michael Singleton, 705 00:39:27,600 --> 00:39:31,160 Speaker 1: Republican strategists and contributing host at Box Media's consider it. 706 00:39:31,280 --> 00:39:34,480 Speaker 1: Check that out at Facebook watch I Remember. You can 707 00:39:34,520 --> 00:39:37,840 Speaker 1: download the sound on podcast at Apple iTunes, at Bloomberg 708 00:39:37,880 --> 00:39:40,920 Speaker 1: dot com, or by downloading the Bloomberg Business App. Also 709 00:39:40,960 --> 00:39:44,640 Speaker 1: find us on radio dot com and on I Heart Radio. 710 00:39:45,160 --> 00:39:47,520 Speaker 1: I'm Kevin s. Really that's it for me Tomorrow more 711 00:39:47,560 --> 00:39:50,400 Speaker 1: on you usual China trade talks. You're listening to Bloomberg