1 00:00:00,320 --> 00:00:03,040 Speaker 1: Live from our nation's came this budget thing is going 2 00:00:03,080 --> 00:00:05,520 Speaker 1: to do nothing space Forts. I still think it's interesting 3 00:00:05,559 --> 00:00:08,880 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,039 --> 00:00:14,960 Speaker 1: Politics colliding Floomberg sound on, the insidings, the influencers, the insides. 5 00:00:15,080 --> 00:00:17,319 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,360 --> 00:00:20,520 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,520 --> 00:00:23,320 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,520 --> 00:00:26,079 Speaker 1: Team Trump. The present has to do exactly what people 9 00:00:26,079 --> 00:00:27,840 Speaker 1: sent him here to do, which is to get it done. 10 00:00:28,240 --> 00:00:32,760 Speaker 1: This is Bloomberg Sound on with Heaven's Shirley on Bloomberg 11 00:00:34,000 --> 00:00:36,440 Speaker 1: and one oh five point seven f m h D two. 12 00:00:37,720 --> 00:00:42,280 Speaker 1: The White House counter terror event delayed while Secretary Mike 13 00:00:42,320 --> 00:00:46,400 Speaker 1: FROMPEO is in New York. Meanwhile, Trump's floating a tax 14 00:00:46,479 --> 00:00:50,199 Speaker 1: cut but then says it's unneeded and not eminent eminent 15 00:00:50,560 --> 00:00:56,760 Speaker 1: recession chatter. Still all All Wall Street. Washington seems to 16 00:00:56,880 --> 00:01:00,920 Speaker 1: want to talk about the latest from the twenty campaign 17 00:01:01,040 --> 00:01:04,319 Speaker 1: chail chair trail. Wow, did you see this? The d 18 00:01:04,440 --> 00:01:07,160 Speaker 1: n C is planning to raise money from Americans in 19 00:01:07,280 --> 00:01:11,160 Speaker 1: Mexico City, a new fundraising base. We're gonna get to 20 00:01:11,200 --> 00:01:13,640 Speaker 1: all of that with two Friends of the programs, Sarah Kim, 21 00:01:13,680 --> 00:01:17,560 Speaker 1: Republican strategist former senior advisor in the Trump administration, and 22 00:01:17,640 --> 00:01:22,679 Speaker 1: Kevin Walling, a Democratic strategist at h G Creative Media. 23 00:01:22,840 --> 00:01:24,840 Speaker 1: Drive careful out there. It looks like there's a storm 24 00:01:24,880 --> 00:01:29,080 Speaker 1: a coming. Meanwhile, at the White House, President Donald Trump 25 00:01:29,120 --> 00:01:33,000 Speaker 1: residing over a lengthy Oval Office meeting on Monday, and 26 00:01:33,080 --> 00:01:37,120 Speaker 1: he's urged urged officials to soften the impact of recent 27 00:01:37,160 --> 00:01:41,679 Speaker 1: policy moves that angered Midwestern farmers. Of course, all of 28 00:01:41,720 --> 00:01:44,840 Speaker 1: this comes as the President has recalculated, so to speak, 29 00:01:44,959 --> 00:01:48,320 Speaker 1: or readjusted, whatever word you want to use. He shifted 30 00:01:48,360 --> 00:01:50,720 Speaker 1: some of the tariffs that were going to be impacting 31 00:01:51,720 --> 00:01:55,840 Speaker 1: uh China, kicking the can down the road till December. 32 00:01:55,880 --> 00:01:58,920 Speaker 1: He's delayed a fall away decision or provided an extension rather, 33 00:01:59,520 --> 00:02:02,080 Speaker 1: and it coms amid the chatter about whether or not 34 00:02:02,200 --> 00:02:04,920 Speaker 1: there will be a recession. So I want to kick 35 00:02:04,960 --> 00:02:07,840 Speaker 1: things off with Sarah Kim, a Republican strategist and former 36 00:02:08,120 --> 00:02:11,680 Speaker 1: senior advisor and the Trump administration, as well as Kevin Walling, 37 00:02:12,000 --> 00:02:15,920 Speaker 1: a Democratic strategist at h G Creative Media. There can 38 00:02:15,960 --> 00:02:20,440 Speaker 1: never be enough caps on on Bloomberg Radio, keV. But 39 00:02:21,080 --> 00:02:23,799 Speaker 1: that said, this this lengthy White House meeting, I want 40 00:02:23,840 --> 00:02:26,720 Speaker 1: to kind of go into it. Here's President Trump serry, 41 00:02:26,760 --> 00:02:28,240 Speaker 1: and then I want to get your reaction to it. 42 00:02:28,720 --> 00:02:32,360 Speaker 1: Discussing and talking earlier today at the White House during 43 00:02:32,360 --> 00:02:35,800 Speaker 1: an oval office Q and A about whether he is 44 00:02:35,880 --> 00:02:41,000 Speaker 1: concerned if how he's negotiating with China is impacting the 45 00:02:41,120 --> 00:02:45,000 Speaker 1: US economy Ticklism. I think the word recession is a 46 00:02:45,040 --> 00:02:48,760 Speaker 1: word that's inappropriate because it's just a word that the uh, 47 00:02:49,200 --> 00:02:52,400 Speaker 1: the certain people I'm going to be kind, certain people 48 00:02:52,400 --> 00:02:54,960 Speaker 1: and the media are trying to build up because they'd 49 00:02:54,960 --> 00:02:59,959 Speaker 1: love to see a recession. Well, I agree that recession 50 00:03:00,160 --> 00:03:03,239 Speaker 1: is the inaccurate word to use for two reasons. First 51 00:03:03,280 --> 00:03:06,239 Speaker 1: and foremost, that word has been pushed out there because 52 00:03:06,280 --> 00:03:10,480 Speaker 1: there was a one day dip and the phraseology inverted 53 00:03:10,560 --> 00:03:14,200 Speaker 1: yield curve came out, And that's important for two reasons. One, 54 00:03:14,760 --> 00:03:17,880 Speaker 1: the former Federal Reserve chair Alan Greenspan as well as 55 00:03:17,919 --> 00:03:21,160 Speaker 1: the former Federal Reserve chair Woman Janet Yellen as well 56 00:03:21,200 --> 00:03:24,840 Speaker 1: as the Federal Reserve of Chicago said an inverted yield 57 00:03:24,880 --> 00:03:29,160 Speaker 1: curve does not cause a recession. So I think emotional 58 00:03:29,200 --> 00:03:32,840 Speaker 1: investors and political pundits who know absolutely nothing about the 59 00:03:32,880 --> 00:03:36,040 Speaker 1: inverted yield curb should take a deep breath and pause 60 00:03:36,120 --> 00:03:39,640 Speaker 1: and stop using that word recession and to an inverted 61 00:03:39,720 --> 00:03:42,840 Speaker 1: yield curb is put out there not because of the 62 00:03:42,920 --> 00:03:48,480 Speaker 1: United States, but as an indicator of other economies. For instance, Germany. Tomorrow, 63 00:03:48,560 --> 00:03:51,040 Speaker 1: Germany is going to issue their thirty year There is 64 00:03:51,080 --> 00:03:54,360 Speaker 1: a zero percent return on their thirty year bond, and 65 00:03:54,400 --> 00:03:57,080 Speaker 1: they are trading at negative zero point one eight percent, 66 00:03:57,120 --> 00:04:00,320 Speaker 1: whereas the US is trading at one point nine sense. 67 00:04:00,560 --> 00:04:04,280 Speaker 1: So people need to stop using words to scare those 68 00:04:04,320 --> 00:04:07,480 Speaker 1: who don't know anything about the market. And everybody just 69 00:04:07,560 --> 00:04:10,520 Speaker 1: needs to take a breath, you know, Kevin, I gotta 70 00:04:10,560 --> 00:04:13,240 Speaker 1: be honest here, I hear Sarah, and and you don't 71 00:04:13,280 --> 00:04:17,800 Speaker 1: have to have a Warten degree in economics in order 72 00:04:17,880 --> 00:04:21,159 Speaker 1: to to pause, take a deep breath, and so and 73 00:04:21,279 --> 00:04:25,560 Speaker 1: to to look really at the entire picture, whether you're 74 00:04:25,560 --> 00:04:30,400 Speaker 1: talking about Germany as Sarah alluded to, the UK and 75 00:04:30,760 --> 00:04:33,560 Speaker 1: Boris Johnson taking over in the UK, or you look 76 00:04:33,560 --> 00:04:37,640 Speaker 1: at the rise of conservativeism in Italy, hardliners in Italy 77 00:04:37,680 --> 00:04:39,880 Speaker 1: as well. I mean, then you look at China and 78 00:04:39,920 --> 00:04:42,560 Speaker 1: the Hong Kong protest. This is a global economy, whether 79 00:04:42,560 --> 00:04:46,000 Speaker 1: you like it or not. The notion that that just 80 00:04:46,480 --> 00:04:50,640 Speaker 1: one person is leading us into a recession, I mean it, 81 00:04:51,080 --> 00:04:55,200 Speaker 1: it goes against common sense. Stev Yeah, Kevin, you make 82 00:04:55,320 --> 00:04:57,320 Speaker 1: an excellent point that we are in fact in the 83 00:04:57,360 --> 00:04:59,480 Speaker 1: global economy, and I wish that is something that this 84 00:04:59,600 --> 00:05:02,880 Speaker 1: president would would understand. We need some clarity from this president. 85 00:05:03,120 --> 00:05:05,719 Speaker 1: We need some presidential leadership when it comes to the economy, 86 00:05:06,040 --> 00:05:08,920 Speaker 1: not these tweets that are announcements of policy changes where 87 00:05:08,960 --> 00:05:12,200 Speaker 1: when it, you know, becomes an issue, attacking his own 88 00:05:12,240 --> 00:05:16,039 Speaker 1: FED chair or suggesting tariffs on China. These kind of 89 00:05:16,040 --> 00:05:20,400 Speaker 1: presidential announcements by tweet are not something that secures a 90 00:05:20,480 --> 00:05:23,160 Speaker 1: good feeling in the markets. And as you rightly point out, 91 00:05:23,200 --> 00:05:25,520 Speaker 1: we are in a global economy, and this president saying 92 00:05:25,800 --> 00:05:28,080 Speaker 1: that we're doing better than others as a comparison and 93 00:05:28,120 --> 00:05:31,600 Speaker 1: pointing out problems with other countries economies, he doesn't understand 94 00:05:31,640 --> 00:05:35,440 Speaker 1: that a rising tide on the world stage lifts all boats, 95 00:05:35,720 --> 00:05:38,400 Speaker 1: and Germany's problem is fastly going to be our problem, 96 00:05:38,440 --> 00:05:41,800 Speaker 1: and in an unnegotiated Brexit deal is quickly going to 97 00:05:41,920 --> 00:05:44,080 Speaker 1: become our problem as well. All Right, well, we're gonna 98 00:05:44,120 --> 00:05:45,880 Speaker 1: talk about the G seven coming up. That's in a 99 00:05:45,920 --> 00:05:48,560 Speaker 1: couple of days. In President Trump, he's got an ally 100 00:05:48,600 --> 00:05:52,920 Speaker 1: now and Boris Boris, they've got they've got some similar haircuts, 101 00:05:54,279 --> 00:05:59,200 Speaker 1: you know, not that kind of show that I didn't. 102 00:06:02,040 --> 00:06:04,080 Speaker 1: I want to get back on track, keV and I 103 00:06:04,120 --> 00:06:06,760 Speaker 1: want to play for you. And then I here's President 104 00:06:06,800 --> 00:06:09,880 Speaker 1: Trump talking about China again inside of the Oval Office. 105 00:06:09,880 --> 00:06:11,880 Speaker 1: It was a remarkable question and answer session in the 106 00:06:11,880 --> 00:06:14,360 Speaker 1: Oval today. Here he is on China. Take a list 107 00:06:14,400 --> 00:06:18,200 Speaker 1: of somebody had to do something with China. Obama should 108 00:06:18,200 --> 00:06:20,800 Speaker 1: have done it. Bush should have done it, Clinton should 109 00:06:20,839 --> 00:06:23,400 Speaker 1: have done it. They all should have done it. Nobody 110 00:06:23,440 --> 00:06:25,880 Speaker 1: did it. I'm doing it, so, Sarah, I mean, this 111 00:06:25,960 --> 00:06:29,320 Speaker 1: is the new political reality for President Trump, right, is 112 00:06:29,360 --> 00:06:32,359 Speaker 1: that because he has the White House, because we're heading 113 00:06:32,360 --> 00:06:37,200 Speaker 1: into regardless of who occupies the White House, that individual, 114 00:06:37,640 --> 00:06:41,479 Speaker 1: right or wrong, gets blamed for when the economy is 115 00:06:41,480 --> 00:06:45,320 Speaker 1: doing really well and if we're heading into a global 116 00:06:45,720 --> 00:06:49,120 Speaker 1: recession and keyword, if we are. So. What I was 117 00:06:49,160 --> 00:06:51,960 Speaker 1: struck by in the last twenty four hours is the 118 00:06:52,000 --> 00:06:54,320 Speaker 1: floating as we know it here inside of the belt Way. 119 00:06:54,360 --> 00:06:57,160 Speaker 1: The floating that went on the White House essentially said, well, 120 00:06:57,200 --> 00:06:59,000 Speaker 1: it started on the Sunday Show, So I guess we're 121 00:06:59,160 --> 00:07:02,279 Speaker 1: like forty eight hours now. They're floating tax cuts, they're 122 00:07:02,320 --> 00:07:08,719 Speaker 1: floating uh waivers for environmental incentives, in terms of deregulatory policies. 123 00:07:08,760 --> 00:07:10,960 Speaker 1: All of this to say, hey, wait a minute, you 124 00:07:11,000 --> 00:07:12,800 Speaker 1: think we're going to be headed for a recession, let's 125 00:07:12,840 --> 00:07:16,400 Speaker 1: try to do something about it. But none of this really, 126 00:07:17,080 --> 00:07:19,680 Speaker 1: am I right? I really could get done given the 127 00:07:19,720 --> 00:07:23,680 Speaker 1: current political landscape in Congress. Well, let's bifurkate this. Let's 128 00:07:23,720 --> 00:07:26,960 Speaker 1: first start with China. China is important and I think 129 00:07:27,040 --> 00:07:30,640 Speaker 1: for us to recalibrate the relationship because they're blistering. Eight 130 00:07:30,640 --> 00:07:33,600 Speaker 1: percent growth of the course of last fifteen years came 131 00:07:33,640 --> 00:07:36,640 Speaker 1: as the United States allowed them to grow. They became 132 00:07:36,640 --> 00:07:39,240 Speaker 1: the manufacturing floor not just the United States and of 133 00:07:39,280 --> 00:07:42,000 Speaker 1: the world. And they are still a communist country, as 134 00:07:42,000 --> 00:07:45,200 Speaker 1: we have seen the protests in Hong Kong evidence. But second, 135 00:07:45,280 --> 00:07:49,160 Speaker 1: as it relates specifically to the R word that President 136 00:07:49,160 --> 00:07:51,600 Speaker 1: Trump and I and so many people do not like. 137 00:07:52,000 --> 00:07:55,000 Speaker 1: This is why it's important for Chairman Jerome Palell to 138 00:07:55,040 --> 00:07:58,160 Speaker 1: get his act together and really caught the interest rates. 139 00:07:58,200 --> 00:08:02,520 Speaker 1: Because when the US dollar is strong. When Germany, Italy, Japan, 140 00:08:03,080 --> 00:08:06,080 Speaker 1: Japan and all of their partners have problems in the 141 00:08:06,120 --> 00:08:09,320 Speaker 1: G seven. I know, I said Japan twice um when 142 00:08:09,320 --> 00:08:12,360 Speaker 1: they have problems with their debt, it's because the US 143 00:08:12,400 --> 00:08:15,320 Speaker 1: dollar is strong. And when President Obama was in office 144 00:08:15,320 --> 00:08:17,320 Speaker 1: from two thousand and eight to two thousand and fifteen, 145 00:08:17,320 --> 00:08:20,880 Speaker 1: the interest rate was below one percent. We are above 146 00:08:20,960 --> 00:08:24,120 Speaker 1: two percent. Jerome Pale is the only FED chair. When 147 00:08:24,160 --> 00:08:28,000 Speaker 1: he talks, the market tanks by hundreds of points. Don't 148 00:08:28,040 --> 00:08:34,160 Speaker 1: talk to Erome, don't talk. Wow, Sarah, don't listen. I 149 00:08:34,160 --> 00:08:36,120 Speaker 1: don't even have to play the South buddy, given that 150 00:08:36,240 --> 00:08:39,720 Speaker 1: Sarah Kim kind of just just said what President Trump said. 151 00:08:39,760 --> 00:08:41,680 Speaker 1: But Kevin, I want to get your reaction to what 152 00:08:41,920 --> 00:08:44,520 Speaker 1: let's publicans. I want to play for you what President 153 00:08:44,559 --> 00:08:47,360 Speaker 1: said in the oval today about FED Chair J Powell. 154 00:08:47,720 --> 00:08:50,640 Speaker 1: And really, I mean, Sarah's that going President Trump. I 155 00:08:50,679 --> 00:08:52,439 Speaker 1: almost said it the other way around, but I corrected, 156 00:08:52,520 --> 00:08:56,000 Speaker 1: I'm not President. Yeah, there's President Trump talking about the 157 00:08:56,040 --> 00:08:58,280 Speaker 1: Central Bank. Take a listen. I'd like to see a 158 00:08:58,320 --> 00:09:00,320 Speaker 1: cut in the FED rate because that should have happened 159 00:09:00,320 --> 00:09:03,080 Speaker 1: a long time ago. I think they're being very tardy 160 00:09:03,200 --> 00:09:05,199 Speaker 1: and not doing it and not having done it sooner 161 00:09:05,240 --> 00:09:08,160 Speaker 1: they raised two quickly. I gotta be honest, that was 162 00:09:08,200 --> 00:09:11,600 Speaker 1: actually a little a little more soft spoken than Sara, 163 00:09:11,840 --> 00:09:16,040 Speaker 1: Wasn't the attacks on the center said no, no, that 164 00:09:16,559 --> 00:09:19,360 Speaker 1: nerds are welcome here on Bloomberg Sound Dot Kevin, Why 165 00:09:19,640 --> 00:09:22,960 Speaker 1: why are we hearing people like republican strategist like Sarah 166 00:09:22,960 --> 00:09:27,840 Speaker 1: and President Trump so vehemently go after the central Bank? Well, 167 00:09:27,840 --> 00:09:29,920 Speaker 1: they need a boogeyman for all of this. And and 168 00:09:30,000 --> 00:09:33,360 Speaker 1: to to serious point, you know, Democrats and President Obama 169 00:09:33,360 --> 00:09:36,160 Speaker 1: inhered in an economy in shambles. Of course, it was 170 00:09:36,200 --> 00:09:38,079 Speaker 1: at one percent when it started, but it was much 171 00:09:38,120 --> 00:09:40,800 Speaker 1: higher when he left office because of the economic gains 172 00:09:40,800 --> 00:09:43,440 Speaker 1: that we saw throughout those eight years. We created more 173 00:09:43,559 --> 00:09:46,360 Speaker 1: jobs in the last twenty nine months of the Obama 174 00:09:46,400 --> 00:09:49,600 Speaker 1: Biden administration then the first twenty nine months of the 175 00:09:49,600 --> 00:09:53,840 Speaker 1: Trump administration. So President Obama, I'd love to compare economic 176 00:09:54,000 --> 00:09:58,000 Speaker 1: standing of President Obama and President Trump any day because 177 00:09:58,000 --> 00:10:00,560 Speaker 1: of the great economic growth that you've seen that this 178 00:10:00,600 --> 00:10:03,720 Speaker 1: president inherited and that he is squandering by this needless 179 00:10:04,080 --> 00:10:07,960 Speaker 1: UH tariff wars with China, with this one point five 180 00:10:08,360 --> 00:10:12,280 Speaker 1: a trillion dollar tax cut that mostly benefited the wealthy 181 00:10:12,360 --> 00:10:14,960 Speaker 1: that now economists say the economy is absorbed all of 182 00:10:15,000 --> 00:10:17,200 Speaker 1: the gains from that tax cut, and now they're talking 183 00:10:17,200 --> 00:10:19,800 Speaker 1: about even more tax cuts. I mean, come on, give 184 00:10:19,800 --> 00:10:21,880 Speaker 1: me a break here, all right, we'll coming up. We're 185 00:10:21,880 --> 00:10:25,440 Speaker 1: gonna talk more about the global economy. We're gonna provide 186 00:10:25,440 --> 00:10:28,960 Speaker 1: a preview of the upcoming G seven, which is set 187 00:10:29,000 --> 00:10:31,160 Speaker 1: to begin in France in just a couple of days. 188 00:10:31,440 --> 00:10:34,840 Speaker 1: Then we'll take you out back home on the campaign trail. 189 00:10:34,920 --> 00:10:37,680 Speaker 1: Some new polls out good news for Joe Biden. All 190 00:10:37,720 --> 00:10:41,319 Speaker 1: of that with an all star panel Sarah Kim, Republican strategist, 191 00:10:41,400 --> 00:10:44,880 Speaker 1: former senior adviser and the Trump administration. And Kevin Walling, 192 00:10:44,920 --> 00:10:49,040 Speaker 1: a Democratic strategist now he works at HG Creative Media. 193 00:10:49,080 --> 00:10:51,440 Speaker 1: We're nerded out here. Drive safe, make sure you've got 194 00:10:51,480 --> 00:10:54,680 Speaker 1: your windshield wipers on. You can download the Bloomberg Sound 195 00:10:54,760 --> 00:10:57,720 Speaker 1: On podcast on Apple iTunes, at Bloomberg dot com, or 196 00:10:57,760 --> 00:11:00,600 Speaker 1: by downloading the Bloomberg Business App. You can also find 197 00:11:00,640 --> 00:11:04,440 Speaker 1: me on Radio dot com, I Heart Radio, and Spotify. 198 00:11:05,000 --> 00:11:08,480 Speaker 1: You're listening to Bloomberg Sound On with Kevin Currele on 199 00:11:08,559 --> 00:11:12,040 Speaker 1: Bloomberg and One oh five point seven f M h 200 00:11:12,200 --> 00:11:16,040 Speaker 1: D two. I'm Kevin CURRELLI, Chief Washington correspondent from Bloomberg 201 00:11:16,040 --> 00:11:20,760 Speaker 1: Television and Bloomberg Radio. We're talking all things global politics 202 00:11:20,760 --> 00:11:24,280 Speaker 1: with an all star panel. Sarah Kim, a Republican strategist. 203 00:11:24,600 --> 00:11:26,800 Speaker 1: She's been everywhere lately. Every time I look up and 204 00:11:26,840 --> 00:11:31,280 Speaker 1: see Fox Business or Fox News on, there's Sarah Congratula everywhere. Sarah. 205 00:11:31,400 --> 00:11:35,600 Speaker 1: She's former senior advisor and the Trump administration. Kevin wallings here, 206 00:11:36,120 --> 00:11:40,840 Speaker 1: democratic strategist at h G Creative Media. Earlier we talked 207 00:11:40,840 --> 00:11:43,559 Speaker 1: about whether or not there's going to be a recession 208 00:11:43,960 --> 00:11:47,040 Speaker 1: and the debate and how that, regardless of where you 209 00:11:47,120 --> 00:11:51,079 Speaker 1: come down on that particular point, it has really clouded 210 00:11:51,640 --> 00:11:54,439 Speaker 1: the domestic political debate, at least for right now in 211 00:11:54,480 --> 00:11:57,839 Speaker 1: the United States. But in just a few short days, 212 00:11:57,960 --> 00:12:00,240 Speaker 1: the G Seven, the Group of Seven will can been 213 00:12:00,360 --> 00:12:05,719 Speaker 1: in France. French President to Manuel McCrone will welcome the Italians, 214 00:12:05,800 --> 00:12:10,040 Speaker 1: the US, Japan, Germany, Canada and the UK and my, 215 00:12:10,240 --> 00:12:15,280 Speaker 1: oh my, Sara, I'm looking at those countries and it 216 00:12:15,440 --> 00:12:21,160 Speaker 1: is remarkable just to see really the differences in all 217 00:12:21,240 --> 00:12:24,760 Speaker 1: of those economies just from the U S perspective, you know, 218 00:12:25,280 --> 00:12:27,040 Speaker 1: you're looking in Canada, will U s m c A 219 00:12:27,040 --> 00:12:29,040 Speaker 1: get ratified in the fall. You're looking at Germany the 220 00:12:29,080 --> 00:12:31,960 Speaker 1: auto tariffs and the threats for that, the Japanese obviously 221 00:12:32,440 --> 00:12:34,760 Speaker 1: that the trade policies I'm going on there. You look 222 00:12:34,800 --> 00:12:38,839 Speaker 1: at Italy, the rise of conservatism, France, Macron and Trump 223 00:12:38,880 --> 00:12:43,360 Speaker 1: haven't necessarily got along. And now Boris Johnson in the UK, 224 00:12:43,520 --> 00:12:46,959 Speaker 1: who was negotiating on on Brexit. It's this is this 225 00:12:47,040 --> 00:12:48,840 Speaker 1: is a lot of implications. What are you going to 226 00:12:48,880 --> 00:12:50,800 Speaker 1: be watching for with the G seven. I'm gonna look 227 00:12:50,800 --> 00:12:53,280 Speaker 1: at three things. Well, First, since we mentioned Boris, he 228 00:12:53,320 --> 00:12:56,000 Speaker 1: put his four pager in for his ideas on how 229 00:12:56,040 --> 00:12:58,480 Speaker 1: to wind out of Brexit and it was rejected out 230 00:12:58,480 --> 00:13:01,480 Speaker 1: of hand. So I ink in two months it's just 231 00:13:01,600 --> 00:13:03,600 Speaker 1: not gonna happen. So we really need to see whether 232 00:13:03,600 --> 00:13:05,800 Speaker 1: President Trump and Boris Johnson are going to come with 233 00:13:05,880 --> 00:13:09,439 Speaker 1: their bilateral trade deal too. As it relates to Japan, 234 00:13:09,880 --> 00:13:12,440 Speaker 1: they're in the midst of a fierce trade war with 235 00:13:12,520 --> 00:13:16,360 Speaker 1: South Korea. I think most people don't realize how contentious 236 00:13:16,440 --> 00:13:20,959 Speaker 1: that relationship is over thousands of years. It's gotten so 237 00:13:21,000 --> 00:13:23,440 Speaker 1: bad where people in South Korea won't even post on 238 00:13:23,520 --> 00:13:27,040 Speaker 1: social media that they bought or ate a Japanese product. 239 00:13:27,520 --> 00:13:30,360 Speaker 1: So we really have to figure out since shinzo Abe 240 00:13:30,400 --> 00:13:32,680 Speaker 1: just got reelected what he's going to do. When we 241 00:13:32,760 --> 00:13:37,080 Speaker 1: used to call French fries fries yes, and three Italy 242 00:13:41,000 --> 00:13:43,600 Speaker 1: we do, we do, and then three Italy I mean 243 00:13:44,240 --> 00:13:48,800 Speaker 1: Italy today it's like the best worst political reality show ever. 244 00:13:49,160 --> 00:13:53,839 Speaker 1: Their prime ministers since gets gets kicked out by the 245 00:13:53,880 --> 00:13:56,680 Speaker 1: Interior Minister who's sitting next to him while he gives 246 00:13:56,679 --> 00:13:59,559 Speaker 1: a speech and says you are a terrible human being, 247 00:14:00,080 --> 00:14:05,280 Speaker 1: I mean drama. Because Italy still has to present their uh, 248 00:14:05,360 --> 00:14:09,080 Speaker 1: their finances over to Brussels in October. How are they 249 00:14:09,120 --> 00:14:12,400 Speaker 1: going to present a financial picture of the fiscal future 250 00:14:12,400 --> 00:14:15,880 Speaker 1: of Italy if there's no leadership? Kevin Walling, Democratic strategist 251 00:14:15,920 --> 00:14:18,120 Speaker 1: at h G Creative Media, I mean Sarah and I 252 00:14:18,200 --> 00:14:20,960 Speaker 1: just kind of laid it out for folks. If you're 253 00:14:20,960 --> 00:14:23,520 Speaker 1: getting in your car on your way home from work 254 00:14:23,560 --> 00:14:28,560 Speaker 1: today and the torrential downpour, please everybody drive safe. It 255 00:14:28,120 --> 00:14:31,320 Speaker 1: It's Europe is such a I mean and not just Europe, 256 00:14:31,320 --> 00:14:34,400 Speaker 1: but the G seven countries as a whole collectively. There's 257 00:14:34,480 --> 00:14:38,480 Speaker 1: just it's a mess. What should the top line view 258 00:14:38,520 --> 00:14:43,120 Speaker 1: be here? We are staring down UH debate as to 259 00:14:43,160 --> 00:14:45,320 Speaker 1: whether or not there will be a recession in the 260 00:14:45,360 --> 00:14:50,200 Speaker 1: next two years or twenty four months, and these world leaders, 261 00:14:50,280 --> 00:14:53,880 Speaker 1: the stakes truthfully have never been higher. Listen, cap, I mean, 262 00:14:53,920 --> 00:14:55,560 Speaker 1: as we were talking about earlier. I mean, if the 263 00:14:55,680 --> 00:14:58,520 Speaker 1: recession and I know Saria doesn't want to use that word, 264 00:14:58,520 --> 00:14:59,760 Speaker 1: and I don't want to use that word because I 265 00:15:00,000 --> 00:15:02,640 Speaker 1: I am rooting for this economy. Every Democrat is rooting 266 00:15:02,680 --> 00:15:05,160 Speaker 1: for this economy. But if it happens to us, it's 267 00:15:05,160 --> 00:15:09,200 Speaker 1: going to happen based on a ripple effect from overseas 268 00:15:09,360 --> 00:15:12,120 Speaker 1: with China, with Germany, as series just mentioned, with the 269 00:15:12,160 --> 00:15:16,320 Speaker 1: Brexit heart Brexit in in October, with the United Kingdom. 270 00:15:16,360 --> 00:15:18,720 Speaker 1: Interestingly enough, with the key thing that I'm looking at 271 00:15:18,960 --> 00:15:21,920 Speaker 1: is President Trump's announcement that he thinks that Russia should 272 00:15:21,960 --> 00:15:24,640 Speaker 1: be readmitted to the G seven to make it again 273 00:15:24,760 --> 00:15:27,440 Speaker 1: once again the G eight. Of course, they were removed 274 00:15:27,480 --> 00:15:31,600 Speaker 1: after the annexation of Crimea from Ukraine under the previous 275 00:15:31,600 --> 00:15:35,760 Speaker 1: administration when they all voted to remove and sanction Russia 276 00:15:35,760 --> 00:15:37,480 Speaker 1: as part of that. So that that to me is 277 00:15:37,520 --> 00:15:41,000 Speaker 1: the fascinating kind of UH interplay that's happening before this 278 00:15:41,080 --> 00:15:43,680 Speaker 1: meeting on the that starts on the four and goes 279 00:15:43,720 --> 00:15:46,360 Speaker 1: for two days in France, you know, on the issue 280 00:15:46,400 --> 00:15:49,760 Speaker 1: of Russia, because this did just happen. The President has 281 00:15:49,800 --> 00:15:53,040 Speaker 1: floated whether or not to include Russia and the G seven. 282 00:15:53,080 --> 00:15:56,240 Speaker 1: He says, quote, I think it's more appropriate to have 283 00:15:56,320 --> 00:15:58,760 Speaker 1: Russia in. It should be the G eight because a 284 00:15:58,760 --> 00:16:01,320 Speaker 1: lot of the things we talked about have to do 285 00:16:01,440 --> 00:16:04,920 Speaker 1: with Russia. End quote that was from President Trump earlier today. 286 00:16:05,520 --> 00:16:08,920 Speaker 1: But but regardless, I mean, China is not in there. 287 00:16:09,560 --> 00:16:12,480 Speaker 1: But regardless of whether or not Russia's in or out, 288 00:16:13,400 --> 00:16:17,240 Speaker 1: what are some of the top agenda items and sarah 289 00:16:17,280 --> 00:16:20,360 Speaker 1: that you'll be looking for that that will be discussed 290 00:16:20,360 --> 00:16:24,920 Speaker 1: when Emmanuel McCrone of France welcomes in these countries. Two things. 291 00:16:25,000 --> 00:16:27,080 Speaker 1: But first, I will say, I don't believe that the 292 00:16:27,120 --> 00:16:29,720 Speaker 1: G seven is relevant anymore. I mean the whole point. 293 00:16:29,840 --> 00:16:31,760 Speaker 1: I mean, that's probably the one thing that I ever 294 00:16:31,880 --> 00:16:34,840 Speaker 1: say that Putin said correctly to Macron the other day. 295 00:16:35,040 --> 00:16:36,600 Speaker 1: I mean, what's the point of the G seven when 296 00:16:37,320 --> 00:16:40,440 Speaker 1: the world's economy is with the bricks Brazil, Russia, India, China, 297 00:16:40,520 --> 00:16:42,480 Speaker 1: and they're not there, you know, and I think that's 298 00:16:42,480 --> 00:16:45,600 Speaker 1: what President Trump is getting at. But then yeah, but so, 299 00:16:45,720 --> 00:16:48,000 Speaker 1: but so, the two things that I'm really looking for 300 00:16:48,760 --> 00:16:53,040 Speaker 1: is one, what is the one thing President Trump needs 301 00:16:53,080 --> 00:16:56,720 Speaker 1: to accomplish with China for that half of the third 302 00:16:56,720 --> 00:16:59,320 Speaker 1: tranche of tariffs to not go into effect? And I 303 00:16:59,320 --> 00:17:01,320 Speaker 1: think that's our culture and he needs to make it 304 00:17:01,360 --> 00:17:05,000 Speaker 1: clear so the markets can stabilize for everybody. He needs 305 00:17:05,040 --> 00:17:09,119 Speaker 1: to provide inroads to some of these European countries that 306 00:17:09,160 --> 00:17:12,280 Speaker 1: she'll be able to sell agricultural products. That's big, folks, 307 00:17:12,320 --> 00:17:14,880 Speaker 1: because look, we talked about trade every day on the show, 308 00:17:14,920 --> 00:17:19,360 Speaker 1: and Sarah's making a fascinating point. The president could get 309 00:17:19,359 --> 00:17:22,920 Speaker 1: a win if he goes to these countries and can 310 00:17:22,960 --> 00:17:26,560 Speaker 1: come back home and tell these agricultural states, hey, I 311 00:17:26,760 --> 00:17:29,640 Speaker 1: just opened up the markets. So yes, you're getting pain 312 00:17:29,680 --> 00:17:32,280 Speaker 1: in the short term with regards to China and how 313 00:17:32,359 --> 00:17:35,480 Speaker 1: China is retaliating, but we're opening up markets and making 314 00:17:35,520 --> 00:17:38,880 Speaker 1: inroads in other countries. So farming is your number one, 315 00:17:39,040 --> 00:17:43,400 Speaker 1: and the SEC is all things technology related. I mean, 316 00:17:43,440 --> 00:17:49,280 Speaker 1: the EU is having convolutions over Gaffa, over Google, Amazon, Facebook, 317 00:17:49,280 --> 00:17:51,439 Speaker 1: and Apple. They want to tax them, they want to 318 00:17:51,440 --> 00:17:55,400 Speaker 1: investigate them they want Yeah, France in particular and Made 319 00:17:55,440 --> 00:17:59,000 Speaker 1: in China is China's own version of that, and that 320 00:17:59,040 --> 00:18:01,800 Speaker 1: has been a root shoot between Peter Navarro and the 321 00:18:01,920 --> 00:18:07,080 Speaker 1: negotiators with the Chinese. This technology force, technology transfer, intellectual property. 322 00:18:07,359 --> 00:18:09,600 Speaker 1: So the G seven needs to figure out what is 323 00:18:09,680 --> 00:18:13,080 Speaker 1: their goal when it comes to tech and are we 324 00:18:13,080 --> 00:18:15,360 Speaker 1: going to tax them? Are we going to help them? Meanwhile, 325 00:18:15,760 --> 00:18:19,080 Speaker 1: the Europeans in the US are not on the same 326 00:18:19,160 --> 00:18:22,359 Speaker 1: page when it comes to China State run. I'm sorry 327 00:18:22,400 --> 00:18:25,200 Speaker 1: to China's fall away. Coming up later on in the program, 328 00:18:25,240 --> 00:18:28,840 Speaker 1: we're gonna head out to the campaign trail. Who pulls 329 00:18:28,880 --> 00:18:31,720 Speaker 1: out and it looks good for former Vice President Joe Biden. 330 00:18:31,800 --> 00:18:34,080 Speaker 1: Looks a lot better than this wild weather that's going 331 00:18:34,119 --> 00:18:37,600 Speaker 1: on outside. Everybody, if you're driving, please drive safe, panel 332 00:18:37,640 --> 00:18:41,600 Speaker 1: stays Serai Cam Republican strategist, Kevin Walling, Democratic strategist. You 333 00:18:41,600 --> 00:18:44,800 Speaker 1: can download the Bloomberg Sound On podcast on Apple iTunes, 334 00:18:44,800 --> 00:18:48,120 Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business App. 335 00:18:48,160 --> 00:18:50,800 Speaker 1: You can also find us on Radio dot com, I 336 00:18:50,920 --> 00:18:55,840 Speaker 1: Heart Radio, and Spotify. This is Bloomberg Sound On with 337 00:18:55,960 --> 00:19:00,399 Speaker 1: Kevin Shirley on Bloomberg and one oh five and seven 338 00:19:00,440 --> 00:19:05,640 Speaker 1: f m h D two storm clouds ripping through Washington, 339 00:19:05,840 --> 00:19:11,679 Speaker 1: d C. Torrential downpour, raining cats and dogs. Please drive safe, 340 00:19:11,680 --> 00:19:13,919 Speaker 1: buckle up, pull over if you can't see what's in 341 00:19:13,960 --> 00:19:17,560 Speaker 1: front of you, and be careful out there. I'm Kevin CURRELLI, 342 00:19:17,680 --> 00:19:22,720 Speaker 1: Chief Washington correspondent of Bloomberg Television Bloomberg Radio. Here with 343 00:19:22,760 --> 00:19:26,600 Speaker 1: me for the hour. Seri Kim Republican strategist, former senior 344 00:19:26,640 --> 00:19:30,840 Speaker 1: advisor and the Trump Administration. Kevin Walling, Democratic strategist at 345 00:19:30,960 --> 00:19:34,800 Speaker 1: h G Creative Media. Serry. You're also a freelance reporter 346 00:19:34,840 --> 00:19:37,959 Speaker 1: of Travel Reporter, and I understand that you have a 347 00:19:37,960 --> 00:19:41,520 Speaker 1: peace out recently, a couple of pieces out recently, But 348 00:19:41,560 --> 00:19:44,480 Speaker 1: tell us about your most recent one. Gosh, I write 349 00:19:44,520 --> 00:19:49,960 Speaker 1: so many, um so I just uh. I just did 350 00:19:49,960 --> 00:19:52,440 Speaker 1: a piece for ABC on the five places you should 351 00:19:52,440 --> 00:19:54,280 Speaker 1: go for Labor Day weekend? Where should people go for 352 00:19:54,359 --> 00:19:57,959 Speaker 1: Labor Day weekend? I'm actually going to St. Lucia with 353 00:19:58,119 --> 00:20:07,240 Speaker 1: Travel STA the Delaware, And let me just say, I'm 354 00:20:07,320 --> 00:20:09,960 Speaker 1: going by myself and I will be with thirty one 355 00:20:10,040 --> 00:20:13,560 Speaker 1: people who just got married, because that's who goes to St. Lucia. 356 00:20:13,680 --> 00:20:16,440 Speaker 1: So all right, all right, well, you know I always look. 357 00:20:16,480 --> 00:20:20,080 Speaker 1: I always like to see what other people's side hustle 358 00:20:20,160 --> 00:20:22,640 Speaker 1: and hobbies are. And I have to say that your 359 00:20:23,160 --> 00:20:25,520 Speaker 1: your travel and leisure pieces. I'm like, wow, that is 360 00:20:25,560 --> 00:20:29,000 Speaker 1: a genius, genius, total life hack, because I also review 361 00:20:29,080 --> 00:20:31,840 Speaker 1: restaurants to genius. All right, well, let's get back into 362 00:20:31,840 --> 00:20:34,560 Speaker 1: the campaign season. There was a new poll out. Did 363 00:20:34,560 --> 00:20:38,359 Speaker 1: you guys see this new pole and Joe Biden expanding 364 00:20:38,400 --> 00:20:43,760 Speaker 1: his lead, expanding his lead, and Senator Kamala Harris keV 365 00:20:44,520 --> 00:20:49,560 Speaker 1: dipping back down to five in this CNN poll. I'm 366 00:20:49,560 --> 00:20:51,200 Speaker 1: pulling up the poll now, but why and I'll read 367 00:20:51,200 --> 00:20:52,480 Speaker 1: you the numbers on me, get the ball in front 368 00:20:52,480 --> 00:20:54,520 Speaker 1: of me. But why do you think Kevin Walling that 369 00:20:54,640 --> 00:20:57,840 Speaker 1: Joe Biden? Is he the new Tef London of the Democrats? Yeah? 370 00:20:57,880 --> 00:20:59,960 Speaker 1: I think so. Funny enough. I was with the four 371 00:21:00,119 --> 00:21:02,720 Speaker 1: Vice president Dr Biden on Friday back in Delaware. They 372 00:21:03,080 --> 00:21:05,959 Speaker 1: hosted a small reception and introduced my folks him and 373 00:21:06,040 --> 00:21:07,480 Speaker 1: spent some time with him. And and I think his 374 00:21:07,880 --> 00:21:10,400 Speaker 1: you know, I think his lead is is pretty enduring. 375 00:21:10,520 --> 00:21:12,560 Speaker 1: As we're seeing. You know that you have some fluctuations 376 00:21:12,600 --> 00:21:14,080 Speaker 1: with debates, and we saw a little bit of a 377 00:21:14,119 --> 00:21:17,760 Speaker 1: dip after the first debate performance in Miami, but he's 378 00:21:17,760 --> 00:21:20,520 Speaker 1: regained and actually gained some territory over the rest of 379 00:21:20,520 --> 00:21:23,000 Speaker 1: the field. Interestingly enough, as you point out, keV, the 380 00:21:23,440 --> 00:21:27,520 Speaker 1: real uh striking number has been Senator Kamala Harris's kind 381 00:21:27,520 --> 00:21:30,080 Speaker 1: of fall from grace after that first debate performance in 382 00:21:30,119 --> 00:21:32,399 Speaker 1: Miami where she she kind of gave it to the 383 00:21:32,480 --> 00:21:35,359 Speaker 1: former vice president. Yeah, she chose as high as fifteen 384 00:21:35,400 --> 00:21:38,200 Speaker 1: sixteen percent nationwide, and now she's back down to five 385 00:21:38,200 --> 00:21:40,440 Speaker 1: percent again. You know, we've got six months to Iowa. 386 00:21:40,520 --> 00:21:42,639 Speaker 1: There's gonna be a lot of fluctuations, but you know, 387 00:21:42,680 --> 00:21:45,800 Speaker 1: I think it shows just how enduring the former vice 388 00:21:45,800 --> 00:21:48,680 Speaker 1: president's support among primary goers is. And we know this 389 00:21:48,800 --> 00:21:51,560 Speaker 1: to the case because you know, when you poll Democratic 390 00:21:51,560 --> 00:21:54,720 Speaker 1: primary voters, their number one goal is to see Donald 391 00:21:54,720 --> 00:21:57,560 Speaker 1: Trump replaced. And again, the argument that the vice president 392 00:21:57,600 --> 00:21:59,480 Speaker 1: is making is one of viability. All right, So I 393 00:21:59,520 --> 00:22:01,720 Speaker 1: got the pull in front of me, Serry, I'm reading, 394 00:22:01,720 --> 00:22:04,600 Speaker 1: I'm crunching the numbers. Joe Biden. I'm reading from the 395 00:22:04,600 --> 00:22:08,000 Speaker 1: CNN poll. Joe Biden has expanded his edge over the 396 00:22:08,040 --> 00:22:12,600 Speaker 1: Democratic field and a new CNN poll with of Democratic 397 00:22:12,640 --> 00:22:17,439 Speaker 1: and Democratic leaning registered voters, He's increased his leads seven 398 00:22:17,480 --> 00:22:21,760 Speaker 1: points compared with the late June CNN survey. He's got 399 00:22:21,760 --> 00:22:24,359 Speaker 1: a double digit lead. You look at number two and three, 400 00:22:24,440 --> 00:22:30,119 Speaker 1: it's Bernie Sanders at Elizabeth Warren at four. And you know, 401 00:22:30,240 --> 00:22:33,560 Speaker 1: I was talking about this earlier with some strategists on 402 00:22:33,640 --> 00:22:37,199 Speaker 1: air earlier today. And I spent some time with some 403 00:22:37,240 --> 00:22:39,800 Speaker 1: staffers of the Biden campaign over the weekend. When I 404 00:22:39,880 --> 00:22:45,159 Speaker 1: was with Chicken Cerelli, by the way, Happy Days her 405 00:22:45,160 --> 00:22:50,000 Speaker 1: actual birthday right there. We celebrated over the weekend. But 406 00:22:50,400 --> 00:22:52,520 Speaker 1: when I was talking with some Biden campaign staffers their 407 00:22:52,520 --> 00:22:57,000 Speaker 1: headquartered in Philadelphia, and it was it was almost as 408 00:22:57,000 --> 00:22:59,439 Speaker 1: if they were starting to say, Look, everybody knows that 409 00:22:59,480 --> 00:23:02,400 Speaker 1: he's going to a gaffs. Everybody knows that he's going 410 00:23:02,480 --> 00:23:06,520 Speaker 1: to to speak um and maybe slip up on his words. 411 00:23:07,280 --> 00:23:11,320 Speaker 1: The American voters understand that, and that some of these 412 00:23:11,359 --> 00:23:14,920 Speaker 1: Democrats are overreaching when they try to go after him. 413 00:23:15,040 --> 00:23:18,160 Speaker 1: And candidly, Sarah, I was having flashbacks because Trump World 414 00:23:18,200 --> 00:23:21,439 Speaker 1: was saying the same thing about Donald Trump when it 415 00:23:21,520 --> 00:23:24,159 Speaker 1: was a crowded field as well. Yeah, I mean I 416 00:23:24,160 --> 00:23:26,800 Speaker 1: think what Senator Harris showed was that she's not ready 417 00:23:26,800 --> 00:23:29,480 Speaker 1: for prime time. I mean, she can hit back, but 418 00:23:29,600 --> 00:23:32,040 Speaker 1: she can't take a hit. And Joe Bride and whatever 419 00:23:32,080 --> 00:23:35,119 Speaker 1: we say about Uncle Joe, he's been around. He's gaff prone, 420 00:23:35,359 --> 00:23:38,320 Speaker 1: he's awkward. He's that guy at Thanksgiving that you sit 421 00:23:38,400 --> 00:23:41,520 Speaker 1: next and you're like, oh, that's so funny. Right, But 422 00:23:41,640 --> 00:23:43,600 Speaker 1: at the end of the day, there's going to be 423 00:23:43,640 --> 00:23:48,639 Speaker 1: a matchup between President Donald Trump, who is aggressive, energetic 424 00:23:48,800 --> 00:23:53,000 Speaker 1: and has ideas and Uncle Joe Biden, the former Vice president, 425 00:23:53,359 --> 00:23:56,400 Speaker 1: and the Democratic Party needs to decide whether he can 426 00:23:56,480 --> 00:23:59,879 Speaker 1: match up. For six months, but that was really really 427 00:24:00,400 --> 00:24:03,720 Speaker 1: doing a slow and steady Maybe she's hoping we'll win 428 00:24:03,760 --> 00:24:07,280 Speaker 1: the race. Senator Elizabeth Warren, I mean, I gotta be honest. 429 00:24:07,280 --> 00:24:10,520 Speaker 1: I've covered her since virtually her seriously her first day 430 00:24:11,000 --> 00:24:14,600 Speaker 1: as a member of the Senate Banking Committee, and seeing 431 00:24:14,680 --> 00:24:18,400 Speaker 1: her not only ascend to this level of prominence within 432 00:24:18,440 --> 00:24:23,680 Speaker 1: the Democratic Party but also to ascend with her ideology 433 00:24:23,880 --> 00:24:27,600 Speaker 1: and grain now in the Democratic Party platform has been 434 00:24:27,640 --> 00:24:30,120 Speaker 1: remarkable and she's enjoying it. And to that point, take 435 00:24:30,119 --> 00:24:31,399 Speaker 1: a listen to what she had to say out on 436 00:24:31,440 --> 00:24:35,040 Speaker 1: the campaign trail on Tuesday morning. Here Senator Elizabeth Warren. 437 00:24:35,760 --> 00:24:38,560 Speaker 1: Senator Elizabeth Warren out on the trail. Take a listen. 438 00:24:39,040 --> 00:24:43,159 Speaker 1: This is like a dream. No, I love this. I 439 00:24:43,280 --> 00:24:48,560 Speaker 1: spent so much fun life studying what was broken and 440 00:24:48,680 --> 00:24:50,639 Speaker 1: looking at what we could do to fix it, and 441 00:24:50,680 --> 00:24:52,920 Speaker 1: now I get to talk about it all the time. 442 00:24:54,960 --> 00:24:57,600 Speaker 1: She's she's okay. I mean I'm not. I'm not trying 443 00:24:57,600 --> 00:24:59,560 Speaker 1: to be disrespectful in any way, shape or form. She's 444 00:24:59,600 --> 00:25:04,560 Speaker 1: a perfect she's a happy I mean, she is gonna 445 00:25:04,640 --> 00:25:09,040 Speaker 1: would throw Wilson the Democratic Party. That woman with that 446 00:25:09,280 --> 00:25:12,920 Speaker 1: voice and her ideas and her policy platforms. I read 447 00:25:12,960 --> 00:25:15,800 Speaker 1: them all the Rule one, the Hedge Fund one, the 448 00:25:15,880 --> 00:25:18,760 Speaker 1: healthcare one, all of her policy positions, and what she 449 00:25:18,840 --> 00:25:23,239 Speaker 1: wants is to fundamentally relitigate the American dream of the 450 00:25:24,680 --> 00:25:28,680 Speaker 1: to make it fair for everybody. Enthusiasm is infectious. We 451 00:25:29,160 --> 00:25:31,320 Speaker 1: gotta you know, I gotta be honest. She's running this 452 00:25:31,359 --> 00:25:34,440 Speaker 1: campaign just exactly. You've covered her and you know her. 453 00:25:34,880 --> 00:25:36,760 Speaker 1: This is who she is, so like, she is just 454 00:25:36,840 --> 00:25:39,400 Speaker 1: being herself out on the campaign show. Coming up. Three 455 00:25:39,480 --> 00:25:43,200 Speaker 1: things on our radar. I'll give you a hint. Mary 456 00:25:43,200 --> 00:25:47,159 Speaker 1: Anne Williamson is one of those things on our radar. 457 00:25:48,040 --> 00:25:52,600 Speaker 1: This is Bloomberg's Sound On with Kevin Shirley on Bloomberg 458 00:25:53,720 --> 00:25:56,120 Speaker 1: and one oh five point seven of m h D two. 459 00:25:56,680 --> 00:25:59,480 Speaker 1: We are setting specific timelines for the administrator in the 460 00:25:59,520 --> 00:26:04,120 Speaker 1: next six days UH to the designation of an office 461 00:26:04,119 --> 00:26:07,760 Speaker 1: and submission of a plan for a sustainable lunar service 462 00:26:07,880 --> 00:26:12,239 Speaker 1: exploration and the development of prudmissions to Mars. That was 463 00:26:12,720 --> 00:26:16,760 Speaker 1: Vice President Mike Pence sharing the sixth meeting of the 464 00:26:16,880 --> 00:26:22,520 Speaker 1: National Space Council and Shantilly, Virginia, saying that the administration 465 00:26:22,680 --> 00:26:27,640 Speaker 1: is committed to expanding space exploration. I'm Kevin Cirelli, Chief 466 00:26:27,680 --> 00:26:32,120 Speaker 1: Washington CORRESPONDI from Bloomberg Television, Bloomberg Radio. A total devout 467 00:26:32,200 --> 00:26:34,719 Speaker 1: space nerd, by the way, and this has become one 468 00:26:34,720 --> 00:26:36,960 Speaker 1: of my favorite segments that we do on this show. 469 00:26:37,480 --> 00:26:40,080 Speaker 1: What's on Your Radar? No, that didn't even make it today, 470 00:26:40,119 --> 00:26:42,720 Speaker 1: but that is definitely very much always on my radar 471 00:26:42,960 --> 00:26:46,280 Speaker 1: space travel. Uh. Sarah Kim's here, Republican strategist and former 472 00:26:46,320 --> 00:26:50,080 Speaker 1: senior advisor and the Trump administration. Kevin Walling, Democratic strategist 473 00:26:50,080 --> 00:26:53,680 Speaker 1: at h G Creative Media. We do this segment because 474 00:26:53,720 --> 00:26:57,560 Speaker 1: in in the print media world where I come from, UM, 475 00:26:57,600 --> 00:26:59,800 Speaker 1: we always do empty out your notebook. So what's on 476 00:26:59,840 --> 00:27:02,720 Speaker 1: your radar? What's in your notebook? What's one thing that 477 00:27:02,800 --> 00:27:06,199 Speaker 1: you are following that is not dominating? The headlines are 478 00:27:06,200 --> 00:27:09,360 Speaker 1: getting as much attention as you think should I will 479 00:27:09,640 --> 00:27:12,440 Speaker 1: kick it off. I actually have too, but because I 480 00:27:12,560 --> 00:27:16,560 Speaker 1: host the show, I'm gonna do. Maria Williamson qualified for 481 00:27:16,640 --> 00:27:21,840 Speaker 1: the debate. Everybody. Maryanne Williamson qualified for the third presidential 482 00:27:22,000 --> 00:27:27,679 Speaker 1: debate September twelve in Houston, Houston, Texas. I've predicted this 483 00:27:27,720 --> 00:27:30,960 Speaker 1: all along. Everybody laughed. I've interviewed every If you've listened 484 00:27:30,960 --> 00:27:33,199 Speaker 1: to the show, I said she's gonna qualify. She has 485 00:27:33,240 --> 00:27:36,440 Speaker 1: absolutely qualified. Her message is resonating. It's a different type 486 00:27:36,440 --> 00:27:40,320 Speaker 1: of message. And Sarah, I'm not surprised at all US 487 00:27:40,400 --> 00:27:43,919 Speaker 1: Department of Peace and this is a form of soft power. 488 00:27:44,480 --> 00:27:50,240 Speaker 1: Kevin Wally, you're laughing, Kevin. There have been initiatives like 489 00:27:50,240 --> 00:27:53,479 Speaker 1: the Peace Corps, there have been very if you believe 490 00:27:53,600 --> 00:27:56,439 Speaker 1: that that the United States democracy is a form of 491 00:27:56,520 --> 00:28:01,160 Speaker 1: good and can empower underprivileged nations and third world countries, 492 00:28:01,200 --> 00:28:05,040 Speaker 1: I mean she is repackaging soft power, rebranding rather solf 493 00:28:05,119 --> 00:28:08,840 Speaker 1: power for for a new type of an American voter. 494 00:28:09,280 --> 00:28:12,600 Speaker 1: I love that she had this massive support network based 495 00:28:12,640 --> 00:28:14,880 Speaker 1: upon her books and her beliefs that have come out 496 00:28:14,880 --> 00:28:18,760 Speaker 1: in droves, and she is on the st Ben Carson 497 00:28:18,840 --> 00:28:22,480 Speaker 1: did think that a very similar pitch in terms of 498 00:28:22,520 --> 00:28:25,919 Speaker 1: activating a book, a book community, it's a built in 499 00:28:26,600 --> 00:28:29,320 Speaker 1: support system. So Mariam Williamson is going to be on 500 00:28:29,359 --> 00:28:32,120 Speaker 1: the debate stage, whether you like it or not. That's 501 00:28:32,119 --> 00:28:34,160 Speaker 1: what's one of the things on my radar, Sarah, what's 502 00:28:34,160 --> 00:28:37,159 Speaker 1: on your radar? I think the implosion of the National 503 00:28:37,240 --> 00:28:41,600 Speaker 1: Rifle Association is critical, especially as a Republican. Have you 504 00:28:41,840 --> 00:28:44,440 Speaker 1: followed this? I mean because because so Senate Majority Leader 505 00:28:44,440 --> 00:28:46,840 Speaker 1: Mitch McConnell, just to get the everyone up to speed, 506 00:28:47,040 --> 00:28:49,040 Speaker 1: has said he's going to take up some type of 507 00:28:49,480 --> 00:28:53,240 Speaker 1: mental health or gun control, gun reform type of legislation 508 00:28:53,240 --> 00:28:56,360 Speaker 1: with lawmakers returned back from recess. Meanwhile, the n r 509 00:28:56,440 --> 00:28:59,200 Speaker 1: A is like in a free fall. Folks are resigning. 510 00:28:59,200 --> 00:29:02,959 Speaker 1: What's the latest. That's basically it. Folks are resigning, The 511 00:29:03,080 --> 00:29:06,400 Speaker 1: board is resigning, and Wayne Lapierre, the president of the 512 00:29:06,520 --> 00:29:09,240 Speaker 1: n r A, he is having a serious audit of 513 00:29:09,400 --> 00:29:13,320 Speaker 1: massive millions of dollars worth of fraud on hardworking people 514 00:29:13,360 --> 00:29:16,640 Speaker 1: who who literally script ten dollars a month to give 515 00:29:16,720 --> 00:29:19,480 Speaker 1: over to the membership so that their Second Amendment rights 516 00:29:19,480 --> 00:29:23,240 Speaker 1: are protected. And he allegedly was trying to get the 517 00:29:23,320 --> 00:29:26,000 Speaker 1: n r A to rent or buy a six million 518 00:29:26,040 --> 00:29:31,840 Speaker 1: dollars where I am from shake up this August recess 519 00:29:31,880 --> 00:29:34,440 Speaker 1: at the n r A, which has been incredibly quiet 520 00:29:34,560 --> 00:29:37,880 Speaker 1: following the three shootings that have really just gripped the 521 00:29:37,880 --> 00:29:40,640 Speaker 1: attention of America. I was, like I said, in Philadelphia 522 00:29:40,640 --> 00:29:42,720 Speaker 1: over the weekend, and everyone is still talking as they 523 00:29:42,720 --> 00:29:45,920 Speaker 1: should be about that horrific shooting of police officers just 524 00:29:46,000 --> 00:29:48,200 Speaker 1: the other day. All right, So that's very much on 525 00:29:48,280 --> 00:29:50,400 Speaker 1: your radar. It's on my radar as well, Seri keV. 526 00:29:50,440 --> 00:29:52,600 Speaker 1: What's on your radar? On my radar? And we saw 527 00:29:52,640 --> 00:29:54,560 Speaker 1: this today again in the Oval office as as you 528 00:29:54,640 --> 00:29:58,800 Speaker 1: point out, um, are the ongoing tensions between Representative Omar 529 00:29:58,880 --> 00:30:02,000 Speaker 1: and to Leave and the President. It's kind of a 530 00:30:02,080 --> 00:30:06,840 Speaker 1: layer to another interesting factor with the upcoming Israeli elections 531 00:30:06,840 --> 00:30:10,600 Speaker 1: within you know, President Benjamin Ye, Yahoo, Prime Minister bb 532 00:30:10,720 --> 00:30:13,920 Speaker 1: Net and Yahoo and the dynamics in Israel with them 533 00:30:13,960 --> 00:30:17,560 Speaker 1: being barred UH and the President encouraging to sitting members 534 00:30:17,600 --> 00:30:20,800 Speaker 1: of Congress to be barred from another democracies is really 535 00:30:20,840 --> 00:30:22,640 Speaker 1: fascinating to me. There's gonna be a little bit of 536 00:30:22,640 --> 00:30:25,360 Speaker 1: a split, I think in the Democratic Party. You're seeing 537 00:30:25,440 --> 00:30:28,720 Speaker 1: kind of representatives Omar and to Leab take on Israel, 538 00:30:28,760 --> 00:30:30,920 Speaker 1: which I don't think is a smart tact for the 539 00:30:30,960 --> 00:30:33,680 Speaker 1: Democrats in Congress to do. But you know, we need 540 00:30:33,720 --> 00:30:36,320 Speaker 1: to have some oversight of the three billion dollars we 541 00:30:36,320 --> 00:30:39,360 Speaker 1: give in military aid to the State of Israel each year. 542 00:30:39,360 --> 00:30:41,200 Speaker 1: And that's the point they're trying to make. Well, they're 543 00:30:41,200 --> 00:30:42,880 Speaker 1: not doing a good job of making it. I think 544 00:30:42,920 --> 00:30:45,200 Speaker 1: that I agree, would agree. So that's on your radar. 545 00:30:45,560 --> 00:30:48,280 Speaker 1: That's it for me. I'm Kevin's really cheap Washington correspondent 546 00:30:48,280 --> 00:30:51,080 Speaker 1: for Bloomberg TV, Bloomberg Radio. Thank you, serry, Thank you Kevin. 547 00:30:51,120 --> 00:30:53,040 Speaker 1: You're listening to Bloomberg nine one.