1 00:00:00,360 --> 00:00:05,080 Speaker 1: Live from our nation's camera. How do we reopen this economy? 2 00:00:05,160 --> 00:00:08,280 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,400 --> 00:00:11,400 Speaker 1: does this do for the United States relationship with China? 4 00:00:11,560 --> 00:00:16,480 Speaker 1: Bloomberg Sound On, The Insiders, the influencers, the insides. We're 5 00:00:16,520 --> 00:00:19,680 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:19,840 --> 00:00:23,360 Speaker 1: never before. We're looking at seveny Kennedys for different vactines. 7 00:00:23,440 --> 00:00:26,080 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,160 --> 00:00:30,240 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:30,320 --> 00:00:35,520 Speaker 1: Surrelate on Bloomberg and one oh fiem h D two. 10 00:00:35,920 --> 00:00:40,240 Speaker 1: Smoke chokes West Coast is wildfire debts keep climbing. President 11 00:00:40,280 --> 00:00:45,120 Speaker 1: Trump out West assessing the damage, and California Governor Newsom 12 00:00:45,200 --> 00:00:49,320 Speaker 1: says this is a climate damn emergency. Plus the latest 13 00:00:49,360 --> 00:00:55,160 Speaker 1: on the economic stimulus stalemate, and Oracle beats out Microsoft. 14 00:00:55,200 --> 00:00:59,960 Speaker 1: I've got the complete TikTok on TikTok folks, the wildfire 15 00:01:00,040 --> 00:01:02,560 Speaker 1: years out West. I mean, have you seen these images 16 00:01:03,040 --> 00:01:06,360 Speaker 1: I'm reading from the Bloomberg terminal. Wildfire smoke that posed 17 00:01:06,360 --> 00:01:09,679 Speaker 1: a health hazard to millions choked the West Coast on 18 00:01:09,720 --> 00:01:15,160 Speaker 1: Saturday as firefighters battle deadly blazes that obliterated some towns 19 00:01:15,160 --> 00:01:18,039 Speaker 1: and displaced tens of thousands of people, the latest in 20 00:01:18,080 --> 00:01:20,920 Speaker 1: a series of calamities this year. This is the associated 21 00:01:20,959 --> 00:01:25,120 Speaker 1: press on the terminal for people already enduring the coronavirus pandemic, 22 00:01:25,480 --> 00:01:29,360 Speaker 1: the resulting economic fallout, and political tensions evident in the 23 00:01:29,400 --> 00:01:32,840 Speaker 1: Black Lives Matter protests and far right counter protests. The 24 00:01:32,920 --> 00:01:37,680 Speaker 1: fires added a new layer of misery. Here to help 25 00:01:37,760 --> 00:01:42,679 Speaker 1: us understand all of this is Professor Michael Gerard. I 26 00:01:42,720 --> 00:01:44,000 Speaker 1: said to the team, I said, we got to get 27 00:01:44,000 --> 00:01:46,920 Speaker 1: a professor on because I don't even understand all of 28 00:01:46,920 --> 00:01:50,200 Speaker 1: the different layers of complexities. He's the founder and director 29 00:01:50,280 --> 00:01:53,760 Speaker 1: of the Saban Center for Climate Change Law at Columbia 30 00:01:54,240 --> 00:01:58,200 Speaker 1: Law School, and Professor, thank you so much for for 31 00:01:58,320 --> 00:02:03,920 Speaker 1: joining us. Just walk us through how this year's wildfires 32 00:02:04,040 --> 00:02:10,160 Speaker 1: compares with the past. Well, it's the worst fire season 33 00:02:10,240 --> 00:02:14,400 Speaker 1: we've ever seen. Several of the worst fires that California 34 00:02:14,400 --> 00:02:18,240 Speaker 1: has experienced in recorded history are happening right now, or 35 00:02:18,280 --> 00:02:21,839 Speaker 1: have happened in the last week. It has spread beyond California. 36 00:02:21,880 --> 00:02:25,200 Speaker 1: They're terrible fires going on in Oregon, and as you say, 37 00:02:25,320 --> 00:02:29,480 Speaker 1: the smoke is threading is uh, spreading hundreds or thousands 38 00:02:29,480 --> 00:02:34,120 Speaker 1: of miles. It's really a perfect storm of horrible impacts 39 00:02:34,120 --> 00:02:38,000 Speaker 1: happening right now. And so how do folks address this? 40 00:02:38,200 --> 00:02:40,440 Speaker 1: Because one of the when when I was preparing for 41 00:02:40,480 --> 00:02:43,720 Speaker 1: this interview, Professor, one of the complexities here is that 42 00:02:44,200 --> 00:02:47,040 Speaker 1: it's not like you gotta fire, you're called the fire, 43 00:02:47,200 --> 00:02:48,959 Speaker 1: you call nine on one and then you've got a 44 00:02:49,040 --> 00:02:51,880 Speaker 1: fire truck coming and they can put it out. When 45 00:02:51,919 --> 00:02:56,320 Speaker 1: we're dealing with tens of thousands of acres. Think about this, folks, 46 00:02:56,320 --> 00:03:01,000 Speaker 1: You've got private land, you've got public land. Have more 47 00:03:01,040 --> 00:03:04,400 Speaker 1: than ten thousand firefighters who have been called in. The 48 00:03:04,400 --> 00:03:08,959 Speaker 1: Wall Street Journal reported sixteen thousand firefighters into California putting 49 00:03:08,960 --> 00:03:12,240 Speaker 1: out these fires. Can you explain just the level of 50 00:03:12,280 --> 00:03:17,959 Speaker 1: complexity it takes to put out these fires. Well, there's 51 00:03:18,000 --> 00:03:22,919 Speaker 1: not nearly the staffing necessary to do it, or the equipment, 52 00:03:23,160 --> 00:03:28,480 Speaker 1: or the access to um roads. A lot of the 53 00:03:28,520 --> 00:03:31,920 Speaker 1: airplanes that we would ordinarily used to drop water can't 54 00:03:31,960 --> 00:03:36,240 Speaker 1: fly there because the smoke. They they have no visibility. Uh. 55 00:03:36,440 --> 00:03:40,520 Speaker 1: One additional problem is that you need to shelter. A 56 00:03:40,520 --> 00:03:44,320 Speaker 1: lot of people get people emergency shelters in a covid era. 57 00:03:44,520 --> 00:03:49,040 Speaker 1: Maintaining social distancing and an emergency shelter doesn't really work. 58 00:03:49,840 --> 00:03:52,880 Speaker 1: We need to get them food and water and supplies, 59 00:03:52,920 --> 00:03:55,160 Speaker 1: and we're never quite sure where the fire is going 60 00:03:55,200 --> 00:03:59,800 Speaker 1: to go. So it's just a horrible combination of situations. 61 00:04:00,320 --> 00:04:02,600 Speaker 1: And you've got thirty three people who have lost their lives. 62 00:04:02,640 --> 00:04:06,360 Speaker 1: These are nearly one hundred wildfires that have raged out 63 00:04:06,440 --> 00:04:10,440 Speaker 1: west over the weekend. It's in northern California and in Oregon. 64 00:04:10,560 --> 00:04:14,320 Speaker 1: California's death count now at twenty two uh and that 65 00:04:14,440 --> 00:04:17,320 Speaker 1: was as of this morning, and Oregon at least ten 66 00:04:17,400 --> 00:04:21,359 Speaker 1: people have lost their lives. More than three point three 67 00:04:21,480 --> 00:04:26,000 Speaker 1: million acres. Wow, three point three million acres have burned 68 00:04:26,040 --> 00:04:30,080 Speaker 1: in California so far this year and since August, four 69 00:04:30,160 --> 00:04:35,000 Speaker 1: thousand structures have been destroyed against sixteen thousand and seven 70 00:04:35,080 --> 00:04:38,640 Speaker 1: hundred firefighters. This is like a small fleet. Sixteen thousand, 71 00:04:38,760 --> 00:04:42,320 Speaker 1: seven hundred firefighters have worked to contain the more than 72 00:04:42,360 --> 00:04:45,159 Speaker 1: two dozen big wildfires fires and at least forty two 73 00:04:45,240 --> 00:04:49,560 Speaker 1: thousand people. Get this, forty two thousand people were still 74 00:04:49,600 --> 00:04:54,200 Speaker 1: evacuated on Sunday. All right, So where does climate change 75 00:04:54,480 --> 00:04:57,600 Speaker 1: and the science and the data factor into this Professor 76 00:04:57,640 --> 00:05:01,800 Speaker 1: Michael Gerard of Columbia Law School. We see a continued 77 00:05:02,000 --> 00:05:06,440 Speaker 1: increase in global average temperatures, and when average temperatures go up, 78 00:05:06,480 --> 00:05:10,559 Speaker 1: so do the extremes. So before the fires, we saw 79 00:05:11,040 --> 00:05:15,479 Speaker 1: unprecedentedly high temperature is Death Valley at a hundred and 80 00:05:15,520 --> 00:05:18,880 Speaker 1: thirty degrees fahrenheit, which seems to have been the highest 81 00:05:18,880 --> 00:05:24,160 Speaker 1: temperature ever hoarded on the planet um and that combines 82 00:05:24,360 --> 00:05:27,640 Speaker 1: with dry periods, and when you have dry periods, the 83 00:05:27,720 --> 00:05:33,760 Speaker 1: vegetation becomes kindling. Uh the extreme heat further drives it out, 84 00:05:33,839 --> 00:05:38,240 Speaker 1: and when there's a spark, everything blows up. So in 85 00:05:38,320 --> 00:05:41,520 Speaker 1: a long term basis, we need to drastically move away 86 00:05:41,520 --> 00:05:45,039 Speaker 1: from fossil fuels and reduce the planet's greenhouse gas emissions, 87 00:05:45,080 --> 00:05:47,240 Speaker 1: and California has actually been doing more of that than 88 00:05:47,279 --> 00:05:50,760 Speaker 1: almost any other place in the world. But in the 89 00:05:50,800 --> 00:05:53,520 Speaker 1: short term, there are lots of things that can reduce 90 00:05:53,600 --> 00:05:57,920 Speaker 1: the damage. Reduced the magnitude of the fires through forest management, 91 00:05:58,400 --> 00:06:03,040 Speaker 1: through reducing the construction of housing and other buildings at 92 00:06:03,080 --> 00:06:07,280 Speaker 1: the wildland urban interface, and through building codes for less 93 00:06:07,400 --> 00:06:09,760 Speaker 1: flammable structure. So there are lots of things that can 94 00:06:09,760 --> 00:06:13,000 Speaker 1: be done to reduce the damage, But there's no question 95 00:06:13,040 --> 00:06:15,760 Speaker 1: that this sort of thing is going to continue and 96 00:06:15,839 --> 00:06:19,599 Speaker 1: eventually get worse as the planet continues to warm. I 97 00:06:19,640 --> 00:06:22,560 Speaker 1: want to ask specifically because I think this is remarkable 98 00:06:22,640 --> 00:06:24,919 Speaker 1: just in terms of where the industry is headed. Just 99 00:06:25,360 --> 00:06:28,360 Speaker 1: you said something there that really stuck out, which is 100 00:06:28,600 --> 00:06:31,480 Speaker 1: the building codes. That's something that really can be tweaked, 101 00:06:31,800 --> 00:06:34,400 Speaker 1: you know, and can really be understood on a person 102 00:06:34,520 --> 00:06:37,799 Speaker 1: to person, family to family level. What would it take 103 00:06:37,880 --> 00:06:41,240 Speaker 1: to to change some of these codes that could maybe 104 00:06:41,279 --> 00:06:44,000 Speaker 1: just make a debt, maybe save just a couple of homes, 105 00:06:44,040 --> 00:06:47,240 Speaker 1: a couple of families from having to rebuild here. So 106 00:06:47,279 --> 00:06:50,360 Speaker 1: what is that a state? Is that a local municipality 107 00:06:50,400 --> 00:06:52,960 Speaker 1: issue or is that something that the federal government needs 108 00:06:53,000 --> 00:06:56,600 Speaker 1: to be a guiding hand on? Professor, that's mostly a 109 00:06:56,720 --> 00:07:00,679 Speaker 1: municipal um job in terms of probably adding building codes, 110 00:07:00,720 --> 00:07:02,799 Speaker 1: but they don't have to start from scratch. Their model 111 00:07:02,880 --> 00:07:05,440 Speaker 1: codes out there um that are on the shelf that 112 00:07:05,520 --> 00:07:08,320 Speaker 1: can be used in terms of what kind of roofing 113 00:07:08,320 --> 00:07:10,520 Speaker 1: do you have if you have a cedar roof, and 114 00:07:10,560 --> 00:07:14,320 Speaker 1: what with sighting that's bad news. There are lots of 115 00:07:14,360 --> 00:07:17,440 Speaker 1: ways to build buildings and retrofit buildings to make them 116 00:07:17,880 --> 00:07:22,400 Speaker 1: much less vulnerable to fire. And you see striking pictures 117 00:07:22,440 --> 00:07:25,080 Speaker 1: of neighborhoods that burned down except for a few houses 118 00:07:25,120 --> 00:07:27,880 Speaker 1: that stood up because they were well built. So that's 119 00:07:27,880 --> 00:07:30,680 Speaker 1: one thing that people should be looking at immediately. And 120 00:07:30,800 --> 00:07:33,280 Speaker 1: just in the final ninety seconds that I have left 121 00:07:33,280 --> 00:07:36,920 Speaker 1: with you, what what in terms of we we're dealing 122 00:07:36,960 --> 00:07:39,400 Speaker 1: with hurricane season? Is this something that Americans are going 123 00:07:39,440 --> 00:07:42,520 Speaker 1: to have to wrap their head around that that wildfire 124 00:07:42,640 --> 00:07:48,880 Speaker 1: season is now a part of the equation for out west. Regrettably, yes, 125 00:07:48,920 --> 00:07:51,680 Speaker 1: it won't necessarily be every year. It will depend on 126 00:07:51,920 --> 00:07:53,920 Speaker 1: how much, how wet it was, how dry it was, 127 00:07:53,960 --> 00:07:56,720 Speaker 1: and are given here, but this kind of thing is 128 00:07:56,800 --> 00:08:00,280 Speaker 1: not an aberration going forward. This this will can sue, 129 00:08:00,280 --> 00:08:02,760 Speaker 1: and that's why it's especially important to have the building 130 00:08:02,840 --> 00:08:05,840 Speaker 1: codes and the zoning codes and the forest management all 131 00:08:05,880 --> 00:08:08,640 Speaker 1: improved in a way to reduce the damage that will 132 00:08:08,680 --> 00:08:12,520 Speaker 1: happen alright. Michael Gerard the Andrew Statement Professor of Professional 133 00:08:12,560 --> 00:08:15,000 Speaker 1: Practice he has at Columbia Law School. He is the 134 00:08:15,000 --> 00:08:18,680 Speaker 1: founder and faculty director of the groundbreaking Saban Center for 135 00:08:18,760 --> 00:08:22,320 Speaker 1: Climate Change Law and one of the foremost environmental lawyers 136 00:08:22,440 --> 00:08:25,480 Speaker 1: in the nation. He has also a course written or 137 00:08:25,640 --> 00:08:29,920 Speaker 1: edited thirteen books, including Global Climate Change and US Law, 138 00:08:30,280 --> 00:08:33,520 Speaker 1: which is the first and leading work in its field. 139 00:08:33,520 --> 00:08:36,480 Speaker 1: It was co edited with Jody Freeman. Coming up, we 140 00:08:36,559 --> 00:08:39,480 Speaker 1: talked more policy and politics. Ben Emmons is with us. 141 00:08:39,679 --> 00:08:41,400 Speaker 1: He's going to give us a check on just the 142 00:08:41,480 --> 00:08:46,240 Speaker 1: fallout from that Oracle development, Oracle beating out Microsoft and 143 00:08:46,320 --> 00:08:49,240 Speaker 1: now Walmart switching games and going over to Oracle for 144 00:08:49,320 --> 00:08:53,160 Speaker 1: that TikTok deal. Stay tuned for that. Download the Bloomberg 145 00:08:53,240 --> 00:08:56,880 Speaker 1: Sound On podcast on Apple iTunes, at Bloomberg dot com, 146 00:08:57,000 --> 00:08:59,360 Speaker 1: or by downloading the Bloomberg Business app. You can also 147 00:08:59,400 --> 00:09:03,040 Speaker 1: find me on Radio dot com, I Heart Radio, and Spotify. 148 00:09:03,160 --> 00:09:05,760 Speaker 1: My name is Kevin Cerelli. I'm the chief Washington correspondent 149 00:09:05,800 --> 00:09:08,280 Speaker 1: from Bloomberg Television and from Bloomberg Radio. We're getting things 150 00:09:08,280 --> 00:09:14,920 Speaker 1: started here on Monday. You're listening to Bloomberg. This is 151 00:09:14,960 --> 00:09:20,040 Speaker 1: Bloomberg Sound On with Kevin Surrele on Bloomberg one and 152 00:09:20,120 --> 00:09:23,320 Speaker 1: one or five point seven m h D two. I 153 00:09:23,400 --> 00:09:26,160 Speaker 1: still can't get over those wildfires. More than three point 154 00:09:26,240 --> 00:09:29,160 Speaker 1: three million acres of burne in California just so far 155 00:09:29,240 --> 00:09:34,680 Speaker 1: this year alone, and then and then sixteen thousand plus firefighters, 156 00:09:34,679 --> 00:09:38,400 Speaker 1: sixteen thousand people. It's like a whole small town firefighters 157 00:09:38,400 --> 00:09:40,840 Speaker 1: folks having to go in and deal with that. I mean, 158 00:09:40,880 --> 00:09:43,160 Speaker 1: I can't even imagine just living out there and you 159 00:09:43,240 --> 00:09:45,520 Speaker 1: see these images and just what they're they're having to 160 00:09:45,559 --> 00:09:48,079 Speaker 1: deal with out They're the worst that they've seen so far. 161 00:09:48,160 --> 00:09:50,360 Speaker 1: My name is Kevin Cereli. I'm the chief Washington correspondent 162 00:09:50,360 --> 00:09:52,800 Speaker 1: FRO Bloomberg Television of Bloomberg Radio. Coming up, we're going 163 00:09:52,840 --> 00:09:55,480 Speaker 1: to hear more about the firefighters and UH and the 164 00:09:55,520 --> 00:09:58,040 Speaker 1: wildfires and what President Trump had to say about it, 165 00:09:58,080 --> 00:10:02,320 Speaker 1: as well as Democratic president presidential nominee Joe Biden had 166 00:10:02,360 --> 00:10:04,280 Speaker 1: to say about it. That was the big, the big 167 00:10:04,320 --> 00:10:09,240 Speaker 1: campaign story today. But the markets also driving so much 168 00:10:09,920 --> 00:10:14,360 Speaker 1: of of this narrative. Just as the Oracle as oracle 169 00:10:14,480 --> 00:10:18,880 Speaker 1: rather was chosen in the deal for TikTok's operations, and 170 00:10:19,200 --> 00:10:22,040 Speaker 1: there still is that stimulus stalemate. So with all of 171 00:10:22,080 --> 00:10:25,640 Speaker 1: that on the back burner for the markets, here with 172 00:10:25,800 --> 00:10:28,520 Speaker 1: us back to the program is someone who knows all 173 00:10:28,559 --> 00:10:31,120 Speaker 1: about this, Ben Emmons. He is the Managing director of 174 00:10:31,160 --> 00:10:35,440 Speaker 1: Global macro Strategy at Medley Global Advisors. Ben, welcome back. 175 00:10:35,440 --> 00:10:38,880 Speaker 1: What happened? In the markets today. Hey, given, thank you 176 00:10:38,920 --> 00:10:41,040 Speaker 1: very much for having back. Yeah, it was a good 177 00:10:41,120 --> 00:10:43,360 Speaker 1: rally today that started last night and the Asia of 178 00:10:43,400 --> 00:10:45,880 Speaker 1: course on the back of that story that Oracle has 179 00:10:45,920 --> 00:10:48,800 Speaker 1: won the bit and then other headlines that dominated to 180 00:10:49,120 --> 00:10:51,640 Speaker 1: you know, when you look at Shoft Bank and its 181 00:10:51,800 --> 00:10:55,760 Speaker 1: sale of one of its companies to uh in the 182 00:10:55,880 --> 00:10:58,880 Speaker 1: video and a few other headlines, it just brought back 183 00:10:58,920 --> 00:11:01,600 Speaker 1: a bit of a positive the tone to markets. And 184 00:11:01,760 --> 00:11:06,080 Speaker 1: typically it's a combination of really specific stories such as Oracle, 185 00:11:06,640 --> 00:11:09,200 Speaker 1: and then this is just a general McCleary effect, And 186 00:11:09,240 --> 00:11:12,280 Speaker 1: I think this is why we're up today. I think 187 00:11:12,320 --> 00:11:14,840 Speaker 1: it's not much about you know, the political season at 188 00:11:14,880 --> 00:11:18,400 Speaker 1: this this particular junction at the moment today. But obviously 189 00:11:18,440 --> 00:11:20,760 Speaker 1: this week will be pretty exciting because you know, the 190 00:11:20,800 --> 00:11:23,679 Speaker 1: Fat meeting and whatever else comes on the Capetron data 191 00:11:24,080 --> 00:11:26,640 Speaker 1: will start to dominate markets. And just to read from 192 00:11:26,679 --> 00:11:29,480 Speaker 1: the Bloomberg terminal, US stocks rose for the second day 193 00:11:29,520 --> 00:11:32,439 Speaker 1: amid a flurry of deal activity and signs of progress 194 00:11:32,520 --> 00:11:36,679 Speaker 1: toward a coronavirus vaccine. The dollar weekend and treasuries were 195 00:11:36,720 --> 00:11:40,360 Speaker 1: little change. Oracle you mentioned, Oracle jumped four point three 196 00:11:40,840 --> 00:11:44,440 Speaker 1: on reports that the company, beat Microsoft and negotiations for 197 00:11:44,480 --> 00:11:49,319 Speaker 1: the US operations of TikTok Uh and UH. The SMP 198 00:11:49,440 --> 00:11:52,840 Speaker 1: five hundred meanwhile touched a week high before pairing gains, 199 00:11:53,200 --> 00:11:57,840 Speaker 1: while the Nasdaq one hundred index broke a two day slide. 200 00:11:57,840 --> 00:12:03,120 Speaker 1: Fiser chief executive officer Alberta Burla says that it's likely 201 00:12:03,200 --> 00:12:06,200 Speaker 1: the US will deploy a COVID nineteen vaccine to the 202 00:12:06,240 --> 00:12:08,199 Speaker 1: public before the end of the year, so we're still 203 00:12:08,240 --> 00:12:11,320 Speaker 1: on board for that year end released. You know, I 204 00:12:11,360 --> 00:12:15,000 Speaker 1: want to go historical for a second ban because this 205 00:12:15,080 --> 00:12:18,400 Speaker 1: is the conversation that the surveillance team has Jonathan Vara, 206 00:12:18,480 --> 00:12:23,120 Speaker 1: Lisa Bramowitz, Tom King that they have, and they related 207 00:12:23,200 --> 00:12:26,640 Speaker 1: back to the election results. Every source that I'm talking 208 00:12:26,640 --> 00:12:29,959 Speaker 1: to is saying, keV, buckle up November three. You might 209 00:12:29,960 --> 00:12:33,440 Speaker 1: not know who who won because of the mail in votes. 210 00:12:33,960 --> 00:12:37,319 Speaker 1: I go back to two thousands and the hanging chads 211 00:12:38,240 --> 00:12:40,640 Speaker 1: and what happened to the markets back then. Was it 212 00:12:40,760 --> 00:12:43,319 Speaker 1: so much of the political volatility ben or was it 213 00:12:43,440 --> 00:12:45,679 Speaker 1: what was going on with the tech stocks back at 214 00:12:45,720 --> 00:12:49,280 Speaker 1: that time. Yeah, I think it was more the tech 215 00:12:49,320 --> 00:12:52,240 Speaker 1: stocks than than the election itself, even though they had 216 00:12:52,280 --> 00:12:56,120 Speaker 1: some uncertainty but it was less contagious that way. Like, yes, 217 00:12:56,160 --> 00:12:58,760 Speaker 1: it was a change from the Clinton era to perhaps 218 00:12:58,760 --> 00:13:05,000 Speaker 1: the uh Push era, but nevertheless it was a more 219 00:13:05,040 --> 00:13:08,480 Speaker 1: of an environment where people start to recognize that the 220 00:13:08,520 --> 00:13:11,760 Speaker 1: frost in the Nassack was so substantial and much more 221 00:13:11,800 --> 00:13:16,280 Speaker 1: than this today that that King Canada's recognition those economy 222 00:13:16,400 --> 00:13:20,920 Speaker 1: was undergoing to slow down from this bom And so 223 00:13:21,120 --> 00:13:24,920 Speaker 1: we're not exactly in those circumstances here today, right. We 224 00:13:24,960 --> 00:13:27,040 Speaker 1: did deal with some level of frost in the in 225 00:13:27,080 --> 00:13:30,200 Speaker 1: the Nastack, driven particularly I think by by a very 226 00:13:30,240 --> 00:13:34,960 Speaker 1: small technology companies that have you know, returned over like 227 00:13:35,480 --> 00:13:37,920 Speaker 1: thousands of fitting on a percenta since the lows in March. 228 00:13:38,360 --> 00:13:40,640 Speaker 1: But we have an economy that's not on the slow anymore. 229 00:13:40,640 --> 00:13:42,680 Speaker 1: It's in the rebound, right, and so a bit of 230 00:13:42,679 --> 00:13:46,160 Speaker 1: a different combination. And and we have now an election 231 00:13:46,240 --> 00:13:49,440 Speaker 1: that could become and be the very contentious outcome once again, 232 00:13:49,760 --> 00:13:52,920 Speaker 1: but will be more of an uncertainty for markets from 233 00:13:52,960 --> 00:13:55,880 Speaker 1: here really because it's either going to be a direction 234 00:13:55,920 --> 00:13:58,719 Speaker 1: of We're gonna push forward with the status quo of 235 00:13:59,480 --> 00:14:01,880 Speaker 1: further tack core porate text for form and all the 236 00:14:02,040 --> 00:14:04,560 Speaker 1: all the pro growth, pro business we're going to go 237 00:14:04,559 --> 00:14:07,040 Speaker 1: in a very different direction potentially, and I think that 238 00:14:07,040 --> 00:14:11,720 Speaker 1: that's why markets do have volatility looking at that outcome. 239 00:14:12,320 --> 00:14:16,480 Speaker 1: So what lessons can can we learn from the two 240 00:14:16,520 --> 00:14:21,480 Speaker 1: thousand election, and what and what lessons could be applicable 241 00:14:21,600 --> 00:14:25,000 Speaker 1: to the situation that we might find ourselves in in 242 00:14:25,080 --> 00:14:27,480 Speaker 1: a couple of weeks and fifty days? Fifty days but 243 00:14:27,480 --> 00:14:31,560 Speaker 1: who's counting, right, Yeah, that's right, fifty days. Yeah. Well, 244 00:14:31,600 --> 00:14:35,400 Speaker 1: the lesson learners though that that, yes, a a potentially 245 00:14:35,440 --> 00:14:39,880 Speaker 1: prolong um delay of the outcome, that people just don't 246 00:14:39,880 --> 00:14:42,880 Speaker 1: know who's going to be leading the country, you know, 247 00:14:43,040 --> 00:14:45,400 Speaker 1: that is that's not a good outcome obviously, right now, 248 00:14:45,480 --> 00:14:47,560 Speaker 1: this the lesson learned, I think, you know it was 249 00:14:47,680 --> 00:14:50,000 Speaker 1: at that time. It's sort of a more of a 250 00:14:50,080 --> 00:14:54,640 Speaker 1: background story to my memory than then for markets at least, 251 00:14:54,720 --> 00:14:57,360 Speaker 1: you know, let's start to focus back on on on 252 00:14:57,480 --> 00:15:00,120 Speaker 1: interest rates in the economy. But this time around there 253 00:15:00,120 --> 00:15:02,720 Speaker 1: will there will be a big lesson. So the stakes 254 00:15:02,720 --> 00:15:04,720 Speaker 1: are higher, I think too, you know, because we're in 255 00:15:04,720 --> 00:15:07,880 Speaker 1: this pandemic and the pandemic continues, right and it has 256 00:15:07,920 --> 00:15:11,200 Speaker 1: to be resolved to get ourselves back on track. Well, 257 00:15:11,280 --> 00:15:14,080 Speaker 1: we've been thrown off even further down down the path 258 00:15:14,200 --> 00:15:18,320 Speaker 1: of concertainty. So so therefore, I think the lesson learners 259 00:15:18,360 --> 00:15:21,640 Speaker 1: that the outcome has to be resolved quicker and hopefully, 260 00:15:22,200 --> 00:15:23,720 Speaker 1: as you said this morning on the on the show, 261 00:15:23,800 --> 00:15:27,120 Speaker 1: believe it starts on September ty four foot million voting, 262 00:15:27,640 --> 00:15:29,720 Speaker 1: that they can manage it. But it's really state by 263 00:15:29,800 --> 00:15:33,520 Speaker 1: state specific, and therefore I'm afraid that the market has 264 00:15:33,560 --> 00:15:37,120 Speaker 1: priced it correctly. It's a volatility event. At least released 265 00:15:37,120 --> 00:15:40,160 Speaker 1: the inncertainty drives the volatility around the election. So I 266 00:15:40,480 --> 00:15:43,200 Speaker 1: think that that is is a really important point because 267 00:15:43,280 --> 00:15:45,680 Speaker 1: that's one of the things that I think the mainstream 268 00:15:45,720 --> 00:15:49,480 Speaker 1: press is really oversimplified, and that this is is not 269 00:15:49,800 --> 00:15:53,960 Speaker 1: Benjamin Franklin's US Postal Service. This is a very much 270 00:15:54,080 --> 00:15:59,560 Speaker 1: a patchwork of regulatory UH quagmires all across the country, 271 00:16:00,000 --> 00:16:03,920 Speaker 1: and it's been playing out at in different UH state 272 00:16:04,080 --> 00:16:07,920 Speaker 1: legislators in fifty states, you know, I mean, whether it's 273 00:16:07,920 --> 00:16:11,240 Speaker 1: in what's happening in Pennsylvania, or whether it's Senator Marco 274 00:16:11,360 --> 00:16:14,720 Speaker 1: Rubio saying that he wants to move the electoral College 275 00:16:14,800 --> 00:16:18,840 Speaker 1: vote to January, to the early January because Congress has 276 00:16:18,960 --> 00:16:23,080 Speaker 1: the ability to to to to move the electoral College 277 00:16:23,160 --> 00:16:25,880 Speaker 1: vote not and and it would take a constitutional amendment 278 00:16:26,200 --> 00:16:31,680 Speaker 1: to move the date for the inauguration. So there's this 279 00:16:31,760 --> 00:16:35,040 Speaker 1: is much more complex than just you know, the Twitter 280 00:16:35,520 --> 00:16:38,400 Speaker 1: Twitter verse dynamic. I want to just quickly get your 281 00:16:38,440 --> 00:16:41,600 Speaker 1: thoughts on what you wrote in a note today, which was, uh, 282 00:16:41,640 --> 00:16:44,800 Speaker 1: the effect of COVID nineteen is as lasting as a 283 00:16:44,880 --> 00:16:48,960 Speaker 1: tattoo as for real interest rates are concerned. What do 284 00:16:49,000 --> 00:16:52,280 Speaker 1: you mean by that, Ben, Yes, my age, my former 285 00:16:52,400 --> 00:16:56,760 Speaker 1: boss i Bow, Bill Gross, who wrote this way is 286 00:16:56,800 --> 00:17:00,440 Speaker 1: always good. You gotta you gotta stick out at I'll 287 00:17:00,440 --> 00:17:03,080 Speaker 1: never forget a Trump World source told me, keV, you 288 00:17:03,240 --> 00:17:06,040 Speaker 1: gotta be memorable. That's what this source learned. This was 289 00:17:06,160 --> 00:17:08,560 Speaker 1: years ago. Now, that's what this source learned by working 290 00:17:08,640 --> 00:17:11,720 Speaker 1: with Donald Trump. Yeah, and that's that's what Bill is 291 00:17:11,760 --> 00:17:14,160 Speaker 1: always very good about that too. You know, it's gotta 292 00:17:14,200 --> 00:17:15,919 Speaker 1: be there's gotta be more meat on the bone, and 293 00:17:16,000 --> 00:17:18,119 Speaker 1: it's got to have a real team. And so the 294 00:17:18,160 --> 00:17:19,679 Speaker 1: idea and it is is that I think what he 295 00:17:19,760 --> 00:17:22,000 Speaker 1: was really trying to say, it's like, yeah, COVID nineteen, 296 00:17:22,440 --> 00:17:24,640 Speaker 1: it's like a tattoo, it's own the skin. It's not 297 00:17:24,960 --> 00:17:28,280 Speaker 1: really it's very difficult to remove. Right, it will be removed, 298 00:17:28,280 --> 00:17:32,119 Speaker 1: but not entirely. So the effect of COVID nineteen is 299 00:17:32,119 --> 00:17:35,600 Speaker 1: so significant. Is going told whatever throw veins of the 300 00:17:35,640 --> 00:17:38,360 Speaker 1: economy you will that that's you know, going to take 301 00:17:38,359 --> 00:17:41,560 Speaker 1: a real long time to recover from. And I think 302 00:17:41,840 --> 00:17:44,800 Speaker 1: it for markets. The real interest rate, which is the 303 00:17:45,000 --> 00:17:48,440 Speaker 1: treasury yields account of fortifation, that real interest rate is 304 00:17:48,520 --> 00:17:50,760 Speaker 1: not negative and it's going to stay with a negative. 305 00:17:50,880 --> 00:17:54,359 Speaker 1: What that says is that the recovery is really going 306 00:17:54,440 --> 00:17:58,920 Speaker 1: to take extreme long time from here. That's essentially the message. Now, 307 00:17:59,080 --> 00:18:02,160 Speaker 1: markets can change, an expectations can change, and I guess 308 00:18:02,160 --> 00:18:04,640 Speaker 1: wasn't in the election that that's coming up. Good change 309 00:18:04,680 --> 00:18:08,399 Speaker 1: that very dramatically. Let start twenty sixteen. There's one expectation 310 00:18:08,560 --> 00:18:10,520 Speaker 1: is not price to market sting. It will not be 311 00:18:10,600 --> 00:18:14,280 Speaker 1: like sixteen sort of a celebration, but it could be. Right. So, 312 00:18:14,960 --> 00:18:21,000 Speaker 1: because we'll change is a lasting tattoo. Unfortunately, it's the 313 00:18:21,080 --> 00:18:23,840 Speaker 1: lasting tattoo that no one wanted. It's that tattoo you 314 00:18:23,920 --> 00:18:27,399 Speaker 1: got and you didn't want. Ben Emmon's, Managing Director of 315 00:18:27,440 --> 00:18:33,880 Speaker 1: Global macro Strategy at Medley Global Advisors, talking tattoos, politics 316 00:18:34,920 --> 00:18:36,960 Speaker 1: at a vaccine and Kevin's really this is Bloomberg Guide, 317 00:18:36,960 --> 00:18:40,720 Speaker 1: and I want why from our nation? How do we 318 00:18:40,920 --> 00:18:45,040 Speaker 1: reopen this economy? The latest on how this pandemic is 319 00:18:45,080 --> 00:18:48,159 Speaker 1: impacting farmers. What does this do for the United States 320 00:18:48,200 --> 00:18:53,359 Speaker 1: relationship with China? Floomberg Sound On, the Insiders, the influencers, 321 00:18:53,400 --> 00:18:56,960 Speaker 1: the insides. We're responding to this crisis and manufacturers are 322 00:18:57,000 --> 00:19:00,159 Speaker 1: stepping up like never before. We're looking at seventy of 323 00:19:00,200 --> 00:19:03,439 Speaker 1: the different vaccines. How do we make sure a pandemic 324 00:19:03,520 --> 00:19:07,280 Speaker 1: of this scale never happens again? This is Bloomberg Sound 325 00:19:07,320 --> 00:19:14,760 Speaker 1: On with Kevin on Bloomberg and two smoke Chokes. The 326 00:19:14,760 --> 00:19:18,399 Speaker 1: West Coast is wildfire deaths keep counting. President Trump is 327 00:19:18,440 --> 00:19:23,840 Speaker 1: out west today. He and his president Democratic presidential rival 328 00:19:24,080 --> 00:19:28,400 Speaker 1: nominee Joe Biden, training jabs, political jabs on the campaign 329 00:19:28,480 --> 00:19:32,400 Speaker 1: trail about climate change. All of that, plus what's going 330 00:19:32,440 --> 00:19:35,399 Speaker 1: on with this stimulus stalemate. And we check in with 331 00:19:35,440 --> 00:19:38,159 Speaker 1: a lawmaker who was at the center of that storm. 332 00:19:38,200 --> 00:19:41,840 Speaker 1: Congressman Greg Stanton will join us, But first we're gonna 333 00:19:41,920 --> 00:19:44,000 Speaker 1: kick start this week. I hope everyone's off to a 334 00:19:44,040 --> 00:19:46,320 Speaker 1: great start. But we got a head out west because 335 00:19:46,320 --> 00:19:50,720 Speaker 1: that is really the story that dominated dominated the campaign 336 00:19:50,760 --> 00:19:54,919 Speaker 1: trail today, as President Trump traveled to California, where he 337 00:19:54,960 --> 00:19:57,720 Speaker 1: saw or he surveyed, and got an update on the 338 00:19:57,760 --> 00:20:01,679 Speaker 1: nearly one hundred wildfires that have raged in the West 339 00:20:02,200 --> 00:20:05,480 Speaker 1: over the weekend. Left thirty three people dead in California 340 00:20:05,600 --> 00:20:09,280 Speaker 1: just as of this morning. Uh, I'm sorry. California death 341 00:20:09,320 --> 00:20:12,080 Speaker 1: counts at twenty two as of this morning, and ten 342 00:20:12,440 --> 00:20:15,600 Speaker 1: lost their lives in Oregon. More than three point three 343 00:20:15,720 --> 00:20:20,120 Speaker 1: million acres have burned in California, according to The Wall 344 00:20:20,160 --> 00:20:24,320 Speaker 1: Street Journal the Associated Press, putting it this way, wildfire 345 00:20:24,440 --> 00:20:27,879 Speaker 1: smoke that posed a health hazard to millions choked the 346 00:20:27,880 --> 00:20:32,199 Speaker 1: West Coast on Saturday, as firefighters battled deadly blazes that 347 00:20:32,280 --> 00:20:36,520 Speaker 1: obliterated some towns and displaced tens of thousands of people, 348 00:20:36,600 --> 00:20:40,000 Speaker 1: the latest in a series of calamities this year. For 349 00:20:40,080 --> 00:20:44,560 Speaker 1: people already enduring the coronavirus pandemic, the resulting economic fallout, 350 00:20:44,600 --> 00:20:47,960 Speaker 1: and political tensions evident in the Black Lives Matter protests 351 00:20:47,960 --> 00:20:51,400 Speaker 1: and far right counter protests, the fires added a new 352 00:20:51,520 --> 00:20:55,680 Speaker 1: layer of misery. Take a listen to what President Trump 353 00:20:55,720 --> 00:20:58,600 Speaker 1: had to say about the fires earlier today in California. 354 00:21:00,320 --> 00:21:02,639 Speaker 1: We want to work with you to really recognize the 355 00:21:02,720 --> 00:21:05,520 Speaker 1: changing climate and what it means to our forests and 356 00:21:05,560 --> 00:21:08,399 Speaker 1: actually work together with that science. That science is going 357 00:21:08,480 --> 00:21:11,000 Speaker 1: to be key, because if we if we ignore that 358 00:21:11,119 --> 00:21:12,680 Speaker 1: science and sort of put our head in the sand 359 00:21:12,680 --> 00:21:15,440 Speaker 1: and think it's all about vegetation management, we're not going 360 00:21:15,520 --> 00:21:20,800 Speaker 1: to succeed together protecting Californians. It'll start getting cooler. I 361 00:21:20,840 --> 00:21:25,400 Speaker 1: wish you just watch. I wish science agreement you. Well, 362 00:21:25,600 --> 00:21:29,680 Speaker 1: I don't think science knows. Actually, I don't think science knows. 363 00:21:29,760 --> 00:21:33,480 Speaker 1: That was President Trump and speaking earlier with California's Secretary 364 00:21:33,600 --> 00:21:38,760 Speaker 1: for National for Natural Resources, Wade Crowfoot earlier, and then 365 00:21:38,840 --> 00:21:42,600 Speaker 1: he went on to say the following about shron fire management. 366 00:21:42,600 --> 00:21:46,080 Speaker 1: Take a listen to that best be good, strong forest 367 00:21:46,200 --> 00:21:49,119 Speaker 1: management what I've been talking about for three years with 368 00:21:49,320 --> 00:21:53,080 Speaker 1: the States. So hopefully they'll start doing that. More than 369 00:21:53,240 --> 00:21:57,680 Speaker 1: sixteen thousand firefighters have been working to contain the more 370 00:21:57,680 --> 00:22:01,440 Speaker 1: than two dozen big wildfires in California alone. I didn't 371 00:22:01,440 --> 00:22:06,440 Speaker 1: realize this. More than sixteen thousand, sixteen thousand, seven hundred 372 00:22:06,480 --> 00:22:09,520 Speaker 1: firefighters are in California right now trying to get a 373 00:22:09,560 --> 00:22:12,520 Speaker 1: handle on this thing. And so we begin tonight That's 374 00:22:12,520 --> 00:22:15,520 Speaker 1: where we begin tonight with our panel, are all Star 375 00:22:15,640 --> 00:22:20,400 Speaker 1: panel for the hour, Jack Kingston, a former Republican Georgia congressman, 376 00:22:20,400 --> 00:22:25,080 Speaker 1: Trump campaign Start to Get, and Scott Bolden, a Democratic strategist, 377 00:22:25,080 --> 00:22:30,160 Speaker 1: former DC Democratic Party chairman and an attorney. Jack, welcome 378 00:22:30,280 --> 00:22:32,800 Speaker 1: back to the program. I begin with you, what what 379 00:22:32,880 --> 00:22:36,240 Speaker 1: does Washington need to be doing to assist with this horrific, 380 00:22:36,320 --> 00:22:40,640 Speaker 1: horrific calamity out west. Well, Kevin, first of all, thank 381 00:22:40,680 --> 00:22:44,080 Speaker 1: you for having me on your show. And it's always 382 00:22:44,080 --> 00:22:46,480 Speaker 1: great to be with my friend are Scott Bolton. We 383 00:22:46,640 --> 00:22:49,640 Speaker 1: have done many shows together, and of course I'm right 384 00:22:49,720 --> 00:22:53,280 Speaker 1: on all the issues. But Scott, Scott and I continue 385 00:22:53,320 --> 00:22:55,359 Speaker 1: to wait for friends, and he keeps threatening to have 386 00:22:55,520 --> 00:22:59,680 Speaker 1: me over for dinner, but he never does. I could 387 00:22:59,720 --> 00:23:04,680 Speaker 1: mode the debate. How about that? How about that? Jack? 388 00:23:06,480 --> 00:23:09,240 Speaker 1: We have we have friends in common and we're going 389 00:23:09,280 --> 00:23:12,720 Speaker 1: to have a good party. So um, But Ken the 390 00:23:12,760 --> 00:23:16,720 Speaker 1: first thing, when I was in Congress, we had a 391 00:23:16,760 --> 00:23:19,639 Speaker 1: fire which was nothing compared to this, but it was 392 00:23:19,680 --> 00:23:24,040 Speaker 1: six hundred thousand acres in North Florida, South Georgia, the 393 00:23:24,080 --> 00:23:26,120 Speaker 1: ok fin Oki Swamp, and it was one of these 394 00:23:26,119 --> 00:23:29,119 Speaker 1: fires that just kept burning and burning for three months. 395 00:23:29,400 --> 00:23:33,080 Speaker 1: The number one thing you have to do is protect 396 00:23:33,160 --> 00:23:36,600 Speaker 1: human lives, then human property, and then as respect the 397 00:23:36,680 --> 00:23:40,119 Speaker 1: fire itself you've gotten just set up a perimeter because 398 00:23:40,160 --> 00:23:43,800 Speaker 1: these things just, unfortunately have to burn. UM. I have 399 00:23:43,880 --> 00:23:47,200 Speaker 1: been in the schmook helicopters sewing bamby buckets of water 400 00:23:47,359 --> 00:23:50,920 Speaker 1: down and it is like putting out a house fire 401 00:23:51,000 --> 00:23:53,720 Speaker 1: with a scortgun. You just can't do it. But what 402 00:23:53,760 --> 00:23:56,480 Speaker 1: you can do is get the roads built, get the 403 00:23:56,520 --> 00:23:59,200 Speaker 1: fire breaks built. But but those are things you need 404 00:23:59,240 --> 00:24:03,439 Speaker 1: to do absolutely immediately. During the fire. You have to 405 00:24:03,680 --> 00:24:07,600 Speaker 1: deploy all the resources you can because the more resources 406 00:24:07,640 --> 00:24:11,000 Speaker 1: you deploy, spending money on the front end saves your 407 00:24:11,000 --> 00:24:14,520 Speaker 1: money on the back end. Um. The second thing you 408 00:24:14,560 --> 00:24:18,439 Speaker 1: have to do is let the people know that the 409 00:24:18,520 --> 00:24:21,199 Speaker 1: help is on the way for Washington. As somebody who 410 00:24:21,240 --> 00:24:25,400 Speaker 1: sat on the Appropriations Committee, UM I worked on bills 411 00:24:25,400 --> 00:24:29,360 Speaker 1: that provided for money for assistance, not just for fires, 412 00:24:29,400 --> 00:24:32,360 Speaker 1: of course, but for hurricanes and tornadoes and other kind 413 00:24:32,359 --> 00:24:36,439 Speaker 1: of disasters. Right now that money, that signal has to 414 00:24:36,480 --> 00:24:38,880 Speaker 1: be sent, that help is going to be on the way, 415 00:24:39,040 --> 00:24:41,760 Speaker 1: that Washington is going to stand behind you, and you've 416 00:24:41,800 --> 00:24:45,040 Speaker 1: got to work with the local officials to make that happen. Um. 417 00:24:45,080 --> 00:24:48,200 Speaker 1: I was glad that the President was out there today. UM, 418 00:24:48,640 --> 00:24:52,240 Speaker 1: it's a good time to go out and uh, you know, 419 00:24:52,320 --> 00:24:55,040 Speaker 1: work on these things. And then frankly, UM, I think 420 00:24:55,040 --> 00:24:57,120 Speaker 1: there is going to be this debate for a long 421 00:24:57,160 --> 00:25:02,200 Speaker 1: time in terms of what you know, some called vegetation management. UM, 422 00:25:02,359 --> 00:25:05,359 Speaker 1: I do know something about forestry. I'm not going to 423 00:25:05,440 --> 00:25:07,600 Speaker 1: pretend I'm an expert, but I do have a family 424 00:25:07,720 --> 00:25:10,800 Speaker 1: three farms that umuh, and you do have to to 425 00:25:10,920 --> 00:25:15,159 Speaker 1: burn to underbrush otherwise you are just letting uh a 426 00:25:15,240 --> 00:25:17,399 Speaker 1: fat lighter sit there that is going to cause a 427 00:25:17,480 --> 00:25:20,920 Speaker 1: fire once lightning strikes. And I think I think that, 428 00:25:21,480 --> 00:25:24,960 Speaker 1: I think the level of complexities is just so incredibly severe. 429 00:25:24,960 --> 00:25:27,680 Speaker 1: I mean, you've got public land, you've got private land. 430 00:25:27,760 --> 00:25:30,520 Speaker 1: You've got to have the coordinative response from the federal government, 431 00:25:30,520 --> 00:25:32,960 Speaker 1: from FEMA with the local municipality. I mean, this is 432 00:25:33,000 --> 00:25:37,160 Speaker 1: a very textured, layered, nuanced, massive problem. Three point three 433 00:25:37,320 --> 00:25:40,680 Speaker 1: million acres. I can't even comprehend that three point three 434 00:25:40,680 --> 00:25:44,320 Speaker 1: million acres. And get this, folks, more than forty two 435 00:25:44,320 --> 00:25:49,280 Speaker 1: thousand people have been evacuated as of Sunday, so uh, 436 00:25:49,359 --> 00:25:52,440 Speaker 1: Scott Bowden come in here just about just how how 437 00:25:52,560 --> 00:25:55,840 Speaker 1: nuanced and textured of the debate and a policy puzzle 438 00:25:55,960 --> 00:26:01,280 Speaker 1: this really is. Well, you also have over twenty thousand firefighters. 439 00:26:01,359 --> 00:26:07,520 Speaker 1: And if you've noticed that that these fires out west, 440 00:26:08,560 --> 00:26:14,960 Speaker 1: the calamity spread to Oregon and Washington and California. Uh, 441 00:26:15,000 --> 00:26:19,280 Speaker 1: they're getting bigger, they're getting hotter, they're getting more often, 442 00:26:20,040 --> 00:26:24,160 Speaker 1: we're getting drier, and as a result you have these 443 00:26:24,359 --> 00:26:29,280 Speaker 1: massive calamities that that take the whole layered approach of 444 00:26:29,359 --> 00:26:34,840 Speaker 1: complexities super important. That being said, I'd like to talk 445 00:26:34,880 --> 00:26:40,600 Speaker 1: about what is behind these larger, more devastating fires and 446 00:26:40,680 --> 00:26:44,960 Speaker 1: how we prevent them. First, we've got to accept the 447 00:26:45,000 --> 00:26:51,720 Speaker 1: proposition that manifestation of these larger, greater, bigger, broader fires 448 00:26:51,760 --> 00:26:55,440 Speaker 1: that we're seeing in the last ten thirty years have 449 00:26:55,640 --> 00:26:59,199 Speaker 1: to do with climate change. You have to acknowledge that 450 00:26:59,320 --> 00:27:03,440 Speaker 1: except accept the science of it from a leadership standpoint 451 00:27:03,720 --> 00:27:06,840 Speaker 1: and not believe it's a hoax or denial. We have 452 00:27:06,920 --> 00:27:11,600 Speaker 1: a president who went to the West and simply deny 453 00:27:12,080 --> 00:27:17,399 Speaker 1: that climate change maybe just maybe a factor in it. 454 00:27:17,480 --> 00:27:20,679 Speaker 1: The reason that's important is because if you reduce the 455 00:27:20,720 --> 00:27:24,919 Speaker 1: carbon footprint and just do something and do your part. 456 00:27:25,520 --> 00:27:28,879 Speaker 1: We may we may be able to reduce the impact 457 00:27:29,280 --> 00:27:35,040 Speaker 1: of these uh massive catastrophic fires that and counting our 458 00:27:35,440 --> 00:27:39,960 Speaker 1: experiencing right now. It not only devastates their homes and 459 00:27:40,119 --> 00:27:43,720 Speaker 1: their lives, it devastates the economy. And you can put 460 00:27:43,880 --> 00:27:47,480 Speaker 1: the fire and the economy and let's just put it 461 00:27:47,520 --> 00:27:49,360 Speaker 1: on positive there because we got we got it, we gotta. 462 00:27:49,359 --> 00:27:50,960 Speaker 1: We're gonna talk about the economy. I hate to cut 463 00:27:51,000 --> 00:27:53,120 Speaker 1: you off. I'm up against the heart South. So we're 464 00:27:53,119 --> 00:27:55,399 Speaker 1: gonna talk more about the economy coming up with with 465 00:27:55,480 --> 00:27:57,920 Speaker 1: our all star panel that's coming up next. What happened 466 00:27:57,960 --> 00:27:59,960 Speaker 1: with the TikTok to you? I'm Kevin's really your listen 467 00:28:00,040 --> 00:28:07,320 Speaker 1: name to Bloomberg. This is Bloomberg Sound On with Kevin 468 00:28:07,320 --> 00:28:12,400 Speaker 1: Shirley on Bloomberg and one All five point h D two. 469 00:28:13,000 --> 00:28:15,959 Speaker 1: I thought I was having a good weekend. It's glorious, 470 00:28:15,960 --> 00:28:18,760 Speaker 1: the weather was great. I had some chili in my 471 00:28:18,800 --> 00:28:22,119 Speaker 1: crack pot, add corn bread that I made with some 472 00:28:22,200 --> 00:28:28,439 Speaker 1: jalapenos chapinos. I've really enjoyed it. And then bam, faster 473 00:28:28,560 --> 00:28:33,120 Speaker 1: than you can say, eight sacks. My beloved Philadelphia Eagles 474 00:28:33,359 --> 00:28:36,879 Speaker 1: whacked me right back in the reality as the Washington 475 00:28:36,960 --> 00:28:43,400 Speaker 1: football team defeated the Birds. They were up seventeen nothing, 476 00:28:44,440 --> 00:28:47,920 Speaker 1: seventeen nothing, and they blew it. I I can't you know. 477 00:28:48,000 --> 00:28:50,040 Speaker 1: I guess things must be getting back to normal or 478 00:28:50,120 --> 00:28:52,920 Speaker 1: some sort of normalcy around here if the Birds are 479 00:28:52,920 --> 00:28:55,680 Speaker 1: blowing a seventeen point lead. Do you believe this? My 480 00:28:55,760 --> 00:28:58,120 Speaker 1: name is Kevin Creli. I'm the chief Washington correspondent from 481 00:28:58,080 --> 00:29:01,080 Speaker 1: Bloomberg Television and Form and Berg Radio. And I'm not 482 00:29:01,120 --> 00:29:04,280 Speaker 1: going to hold it against the panel, especially not Jack Kingston. 483 00:29:04,360 --> 00:29:07,560 Speaker 1: Are Republican insider and a Scott Bolden, a Democratic strategist, 484 00:29:07,560 --> 00:29:11,280 Speaker 1: former DC Democratic Party chairman, an attorney. Scott, I take 485 00:29:11,320 --> 00:29:13,680 Speaker 1: it you're a Washington fan and not a Birds fan. 486 00:29:14,600 --> 00:29:17,440 Speaker 1: You know, actually I'm a Chicago Bear fan because I 487 00:29:17,480 --> 00:29:21,480 Speaker 1: grew up in Juliet, Illinois. And I was thinking, as 488 00:29:21,520 --> 00:29:25,800 Speaker 1: you were complaining about your Philadelphia Eagles, how blessed the 489 00:29:25,880 --> 00:29:30,200 Speaker 1: Bears were that Detroit imploded in the fourth quarter and 490 00:29:30,280 --> 00:29:34,440 Speaker 1: their rookie dropped a touchdown winning passed, And I was thinking, 491 00:29:34,920 --> 00:29:38,000 Speaker 1: both of us, both you a Bear fan and a 492 00:29:38,040 --> 00:29:41,760 Speaker 1: Detroit fan, at various times, more often than not, have 493 00:29:41,960 --> 00:29:45,160 Speaker 1: had our our bad days in mudveal, as my father 494 00:29:45,200 --> 00:29:47,240 Speaker 1: would say, Oh, you know, I love that. I love 495 00:29:47,320 --> 00:29:50,000 Speaker 1: that because you know, and and the Philadelphia Inquirer, I thought, 496 00:29:50,080 --> 00:29:52,880 Speaker 1: just you know, I totally need it today when they 497 00:29:52,920 --> 00:29:56,560 Speaker 1: were saying, finally something we can all be equally angry 498 00:29:56,600 --> 00:30:00,400 Speaker 1: at together, we can agree in our anger about the 499 00:30:00,400 --> 00:30:04,120 Speaker 1: Philadelphia Eagles, and uh and and Carson went, don't even 500 00:30:04,120 --> 00:30:06,200 Speaker 1: get me. I see, I gotta stop talking because then 501 00:30:06,240 --> 00:30:08,120 Speaker 1: this then I lose focus on the show, and I 502 00:30:08,160 --> 00:30:11,320 Speaker 1: don't want to do that, all right, I not that show. 503 00:30:11,440 --> 00:30:16,520 Speaker 1: Class Football is back. Football is back, whether the fans 504 00:30:16,520 --> 00:30:18,080 Speaker 1: that they are not. I gotta tell you, was a 505 00:30:18,080 --> 00:30:20,640 Speaker 1: great weekend here, it was. And tonight we gotta root 506 00:30:20,720 --> 00:30:22,240 Speaker 1: for the Steelers. You know, we got to do our 507 00:30:22,320 --> 00:30:25,280 Speaker 1: part to make sure that you know, the Patriots aren't gonna, 508 00:30:25,400 --> 00:30:27,160 Speaker 1: you know, run away with us, and I'm rooting for 509 00:30:27,160 --> 00:30:29,880 Speaker 1: the Steelers. Um, all right, it's gotta cut you off, 510 00:30:29,920 --> 00:30:32,120 Speaker 1: and I apologize. It's your first time on the show, 511 00:30:32,160 --> 00:30:33,959 Speaker 1: and I interrupted you because of the breaks. So what 512 00:30:33,960 --> 00:30:35,640 Speaker 1: did you want to say about the economy, because it's 513 00:30:35,640 --> 00:30:39,440 Speaker 1: a great segue into these economics segments. What were you saying, Well, well, 514 00:30:39,480 --> 00:30:44,160 Speaker 1: people who are being relocated resources, public resources, and the 515 00:30:44,240 --> 00:30:48,840 Speaker 1: impact on businesses. Uh is also a byproduct of not 516 00:30:48,880 --> 00:30:54,440 Speaker 1: only these catastrophic fires, but also of the carbon footprint. 517 00:30:54,560 --> 00:30:58,120 Speaker 1: And so uh that was gonna be my indie sentence. Well, 518 00:30:58,200 --> 00:31:01,840 Speaker 1: Joe Biden said that he called the President Trump a 519 00:31:01,880 --> 00:31:04,480 Speaker 1: climate arsonist. Take a listen to what Joe Biden said 520 00:31:04,480 --> 00:31:07,800 Speaker 1: when he spoke today from Wilmington, Delaware about climate change. 521 00:31:07,800 --> 00:31:12,280 Speaker 1: Here is these are unlocking crisis of our time. Requires action, 522 00:31:12,360 --> 00:31:18,040 Speaker 1: not denial, requires leadership not scapegoating. It requires the President 523 00:31:18,600 --> 00:31:21,960 Speaker 1: to meet the threshold duty of the office to care 524 00:31:22,520 --> 00:31:27,160 Speaker 1: to care for everyone. That was Joe Biden's being earlier 525 00:31:27,160 --> 00:31:30,280 Speaker 1: today in Wilmington, Delaware. He's really sharpened as a tax 526 00:31:30,400 --> 00:31:32,520 Speaker 1: jack in the in the in the in the last 527 00:31:32,560 --> 00:31:36,760 Speaker 1: couple of days. Have you noticed that I have noticed that? Um, 528 00:31:37,040 --> 00:31:40,880 Speaker 1: maybe the teleprompters are paying off. I don't know, I do. 529 00:31:41,360 --> 00:31:43,920 Speaker 1: I won't point out like I want to put t 530 00:31:44,120 --> 00:31:48,120 Speaker 1: J I got a point out. I gotta point out. 531 00:31:49,200 --> 00:31:52,200 Speaker 1: And uh, this is from don't take my word for it, Scott. 532 00:31:52,280 --> 00:31:57,000 Speaker 1: This is the U S Geological Survey um that fires 533 00:31:57,040 --> 00:32:00,560 Speaker 1: actually peaked in nineteen eighties, that in the last forty 534 00:32:00,680 --> 00:32:05,280 Speaker 1: years fires in California have been declining. And that's the 535 00:32:05,360 --> 00:32:12,680 Speaker 1: US theological survey, the paper offered authored by Alexandra skip Hard. So, um, 536 00:32:13,360 --> 00:32:15,160 Speaker 1: you know I'm doing here at the close of the 537 00:32:15,200 --> 00:32:19,840 Speaker 1: science and I know, let me, I want to I 538 00:32:19,880 --> 00:32:22,440 Speaker 1: want to move to the markets. But I do want 539 00:32:22,440 --> 00:32:24,680 Speaker 1: to say that I know two of those firefighters who 540 00:32:24,680 --> 00:32:27,920 Speaker 1: are some of the sixteen thousand and seven folks, and 541 00:32:27,920 --> 00:32:31,719 Speaker 1: I gotta say those firefighters are heroes, heroes for what 542 00:32:31,760 --> 00:32:33,520 Speaker 1: they're doing, and that's something we can all agree on 543 00:32:33,960 --> 00:32:37,520 Speaker 1: because what they do and how they just I don't 544 00:32:37,560 --> 00:32:42,200 Speaker 1: think it's they're surrounded by danger. I mean they're literally 545 00:32:42,200 --> 00:32:44,880 Speaker 1: surrounded by flames and in the woods. I mean, it 546 00:32:44,920 --> 00:32:48,360 Speaker 1: doesn't get more horrific than that. And you read some 547 00:32:48,400 --> 00:32:53,320 Speaker 1: of these accounts that people are are talking about and 548 00:32:53,440 --> 00:32:57,560 Speaker 1: the horror of what they're being surrounded by fire. It 549 00:32:57,680 --> 00:33:00,719 Speaker 1: really doesn't get more awful than that. So it's you know, 550 00:33:00,800 --> 00:33:03,360 Speaker 1: this is this is a hurricane level of catastrophe that 551 00:33:03,440 --> 00:33:06,160 Speaker 1: is ravaging through our country. And and you know, whatever 552 00:33:06,200 --> 00:33:09,040 Speaker 1: the cause, you know, but but they've got to make 553 00:33:09,040 --> 00:33:11,600 Speaker 1: sure that these fires get put out. More than three 554 00:33:11,600 --> 00:33:14,840 Speaker 1: point three million acres have burned this year alone in California. 555 00:33:14,880 --> 00:33:17,720 Speaker 1: All right, the SMP five touched a week high before 556 00:33:17,800 --> 00:33:21,080 Speaker 1: pairing gains, while the NASDAC one D index broke a 557 00:33:21,120 --> 00:33:24,120 Speaker 1: two day slide. The U S stocks rose for a 558 00:33:24,200 --> 00:33:27,760 Speaker 1: second day amid a flurry of deal activity and signs 559 00:33:27,800 --> 00:33:32,480 Speaker 1: of progress toward a coronavirus vaccine. The reason I bring 560 00:33:32,520 --> 00:33:36,240 Speaker 1: this up is because the economy, folks, has really not 561 00:33:36,360 --> 00:33:40,880 Speaker 1: been what's driving the campaign trail, and Scott, I say 562 00:33:40,920 --> 00:33:43,760 Speaker 1: this respectfully, but that that plays to the advantage of 563 00:33:43,840 --> 00:33:47,360 Speaker 1: Democrats because this is the one issue where President Trump 564 00:33:47,440 --> 00:33:53,720 Speaker 1: is consistently out uh pulled Joe nominee Biden UH is 565 00:33:53,800 --> 00:33:56,120 Speaker 1: on the economy. So the more we're talking about wildfires, 566 00:33:56,160 --> 00:33:59,400 Speaker 1: the more we're talking about all these other issues and whatnot, 567 00:34:00,080 --> 00:34:04,440 Speaker 1: that benefits the Democrats. Does it not earn my wrong? Scott, Well, 568 00:34:04,480 --> 00:34:08,719 Speaker 1: I think you're right about that. But the economy is 569 00:34:08,760 --> 00:34:13,040 Speaker 1: tied to the coronavirus. The schools being closed as ties 570 00:34:13,160 --> 00:34:17,120 Speaker 1: the coronavirus. The health of this country and the two 571 00:34:17,360 --> 00:34:20,880 Speaker 1: people who have died all all deaths in the world 572 00:34:21,480 --> 00:34:26,800 Speaker 1: is tied to the coronavirus. And the polling shows that 573 00:34:27,000 --> 00:34:34,160 Speaker 1: the majority of American blame the coronavirus and indirectly the 574 00:34:34,239 --> 00:34:37,279 Speaker 1: deaths and the sicknesses of those loved ones. On how 575 00:34:37,360 --> 00:34:40,000 Speaker 1: Donald Trump has handled it. He has not been able 576 00:34:40,000 --> 00:34:42,279 Speaker 1: to run from it, so he can't talk about the 577 00:34:42,360 --> 00:34:46,480 Speaker 1: economy or anything else because he is the mouthpiece for 578 00:34:46,600 --> 00:34:50,360 Speaker 1: the blame game that people sing and it's mishandling, and 579 00:34:51,400 --> 00:34:54,200 Speaker 1: it's so incredibly nuanced because if you go down to Brazil, 580 00:34:54,280 --> 00:34:59,120 Speaker 1: where Balsonaro is more, that's Brazil has more cases than 581 00:34:59,160 --> 00:35:02,200 Speaker 1: any country. They be they are there, they have just 582 00:35:02,239 --> 00:35:04,720 Speaker 1: as many cases in the United States. And here's someone 583 00:35:04,760 --> 00:35:08,600 Speaker 1: who has been able to actually surge in the polls. 584 00:35:09,160 --> 00:35:13,279 Speaker 1: Uh and and because he and he's literally pushing for 585 00:35:13,320 --> 00:35:16,160 Speaker 1: the economic to be the economy to be reopen and whatnot. 586 00:35:16,200 --> 00:35:18,880 Speaker 1: It's really a study in contrast for how the Americans 587 00:35:18,880 --> 00:35:21,440 Speaker 1: have viewed it and then how how other countries have 588 00:35:21,520 --> 00:35:24,319 Speaker 1: viewed it. And I just quickly, we've gotta we've got 589 00:35:24,320 --> 00:35:26,200 Speaker 1: so coming up. We're gonna talk more about that, and 590 00:35:26,200 --> 00:35:28,799 Speaker 1: we're gonna check in and dive more into this, because really, 591 00:35:28,840 --> 00:35:32,120 Speaker 1: I think it's fascinating to see how different countries and 592 00:35:32,160 --> 00:35:35,840 Speaker 1: the political debates in different countries have really responded to 593 00:35:35,920 --> 00:35:39,080 Speaker 1: this but but, but Scott has nailed it in terms 594 00:35:39,120 --> 00:35:41,520 Speaker 1: of how the president has not been able to talk 595 00:35:41,560 --> 00:35:44,600 Speaker 1: about the economy in the way that they would like. 596 00:35:45,400 --> 00:35:48,120 Speaker 1: And really that's why the polls have been standing still 597 00:35:48,160 --> 00:35:49,719 Speaker 1: but getting a little bit closer in some of this 598 00:35:49,760 --> 00:35:51,720 Speaker 1: wing states. More coming up next to checking with Congress. 599 00:35:51,719 --> 00:35:58,680 Speaker 1: I'm Kevin Surley. You're listening to Wimberg. You're listening to Bloomberg. 600 00:35:58,760 --> 00:36:02,719 Speaker 1: Sound on with Kevin's to relate on Bloomberg and one 601 00:36:02,719 --> 00:36:05,759 Speaker 1: of five point seven m HD two. My name is 602 00:36:05,840 --> 00:36:08,960 Speaker 1: Kevin Siley. I'm the chief Washington correspondent for Bloomberg Television 603 00:36:09,080 --> 00:36:11,600 Speaker 1: for Bloomberg Radio. When I was a kid, my dad 604 00:36:11,600 --> 00:36:14,080 Speaker 1: would always say in the morning, what's for dinner to night? keV? 605 00:36:14,120 --> 00:36:15,440 Speaker 1: What are we having for dinner to night? Kevi? He 606 00:36:15,440 --> 00:36:17,879 Speaker 1: was always thinking about the next meal. It's I guess 607 00:36:17,920 --> 00:36:21,200 Speaker 1: it's an Italian thing. I don't really understand, but uh, 608 00:36:21,400 --> 00:36:24,279 Speaker 1: I guess I have a point with this segue, which 609 00:36:24,320 --> 00:36:28,840 Speaker 1: is already going traumatically. I'm so hungry right now. And 610 00:36:28,880 --> 00:36:31,440 Speaker 1: Congressman Greg Stanton's on the line, and he's a Democrat 611 00:36:31,480 --> 00:36:33,680 Speaker 1: from Arizona here, of course, is also the former mayor 612 00:36:33,960 --> 00:36:37,799 Speaker 1: of Phoenix and Congressman, I'm so hungry, and I spent 613 00:36:37,880 --> 00:36:41,279 Speaker 1: a summer in Phoenix many years ago for an internship, 614 00:36:41,360 --> 00:36:46,239 Speaker 1: and you all have the best, best, best Mexican food 615 00:36:46,320 --> 00:36:49,000 Speaker 1: I've ever had in my life, and all I want 616 00:36:49,040 --> 00:36:53,640 Speaker 1: is a taco. You're a smart man if you come 617 00:36:53,680 --> 00:36:56,799 Speaker 1: to Arizona eat that great Mexican food. It's best in 618 00:36:56,840 --> 00:36:59,240 Speaker 1: the world. But believe it or not, we were recently 619 00:36:59,320 --> 00:37:02,520 Speaker 1: ranked by a trap magazine. Is awesome having the best 620 00:37:02,560 --> 00:37:05,359 Speaker 1: pizza in the United States of America, that's what that's 621 00:37:05,440 --> 00:37:07,600 Speaker 1: that's not true. I mean, wait, wait a minute, wait 622 00:37:07,600 --> 00:37:09,239 Speaker 1: a minute, what what kind of pizza do they have 623 00:37:09,280 --> 00:37:11,719 Speaker 1: in Phoenix? Now I want pizza, But what kind of 624 00:37:11,719 --> 00:37:14,959 Speaker 1: pizza they are? Are you kidding me? It comes from 625 00:37:15,000 --> 00:37:17,720 Speaker 1: all over the country, So we have deep dish pizza, 626 00:37:17,800 --> 00:37:21,000 Speaker 1: New York style pizza. You have the thin crust as 627 00:37:21,040 --> 00:37:23,600 Speaker 1: wells because there's not a lot of original piece and 628 00:37:23,680 --> 00:37:25,640 Speaker 1: we get the best from all across the country at 629 00:37:25,680 --> 00:37:28,200 Speaker 1: one city. That's what makes this awesome. Congressman, I want 630 00:37:28,200 --> 00:37:29,960 Speaker 1: to talk policy and politics, but you know what they 631 00:37:30,000 --> 00:37:32,600 Speaker 1: call thin crust pizza where I'm from, and Delko a 632 00:37:32,680 --> 00:37:36,640 Speaker 1: cracker pizza needs to be thick. It has to be 633 00:37:36,800 --> 00:37:38,920 Speaker 1: deep dish, and it's got to be you know, like 634 00:37:38,960 --> 00:37:41,400 Speaker 1: a little bit happen now I want pepperoni. All right, 635 00:37:41,520 --> 00:37:43,840 Speaker 1: enough about this? What's going on at the fiscal stimulus 636 00:37:43,840 --> 00:37:46,080 Speaker 1: You guys are not even close to a deal. You know, 637 00:37:46,120 --> 00:37:48,880 Speaker 1: it's driving me nuts. But what take us behind the scenes? 638 00:37:48,920 --> 00:37:53,160 Speaker 1: What's going on? Well, look, as you know, I'm I'm 639 00:37:53,160 --> 00:37:56,400 Speaker 1: in the House Democratic Caucus and we're very proud of 640 00:37:56,440 --> 00:37:59,040 Speaker 1: the Heroes Act that we passed many months ago. And yes, 641 00:37:59,080 --> 00:38:01,080 Speaker 1: I know it was many sing goal, but it doesn't 642 00:38:01,080 --> 00:38:04,239 Speaker 1: mean that the bill that we pass to continue to 643 00:38:04,360 --> 00:38:08,600 Speaker 1: provide a plus up on unemployment, to continue to provide 644 00:38:08,640 --> 00:38:13,000 Speaker 1: more support for testing and contact tracing, which is so necessary, 645 00:38:13,160 --> 00:38:16,120 Speaker 1: and support for our state and local government, isn't the 646 00:38:16,200 --> 00:38:19,279 Speaker 1: right policy choice. On the Republican side, it seems like 647 00:38:19,280 --> 00:38:22,719 Speaker 1: they're fighting amongst themselves. As you know, Ms McConnell can't 648 00:38:22,719 --> 00:38:25,600 Speaker 1: really deliver a bill that we can negotiate from. And 649 00:38:25,640 --> 00:38:28,760 Speaker 1: that's really how you how you begin to have those negotiations. 650 00:38:28,760 --> 00:38:31,400 Speaker 1: That being said, myself and many others are telling our 651 00:38:31,480 --> 00:38:34,919 Speaker 1: leadership we've got to stay at the table, keep working 652 00:38:34,960 --> 00:38:38,560 Speaker 1: at the table, because getting a compromise on this is 653 00:38:38,640 --> 00:38:41,640 Speaker 1: still too important for the American people to walk away, 654 00:38:41,800 --> 00:38:45,080 Speaker 1: all right, So, I mean, just practically speaking, it's looking 655 00:38:45,120 --> 00:38:47,600 Speaker 1: like this is not going to happen before the November 656 00:38:47,640 --> 00:38:50,120 Speaker 1: three election. You're looking at a lame duck, now, is am? 657 00:38:50,120 --> 00:38:53,680 Speaker 1: I am? I off on this? Well? Uh no, I 658 00:38:53,680 --> 00:38:55,560 Speaker 1: mean you know, look, I know a lot of people 659 00:38:55,600 --> 00:38:58,040 Speaker 1: are suggesting that. But as long as we stay at 660 00:38:58,080 --> 00:39:00,719 Speaker 1: the table and stay focused on what's right American people, 661 00:39:00,760 --> 00:39:04,720 Speaker 1: and the American people keep demanding from their elected officials 662 00:39:04,719 --> 00:39:07,520 Speaker 1: here in Washington that a deal get done. I actually 663 00:39:07,600 --> 00:39:10,000 Speaker 1: I actually haven't given up hope. Uh. You know, once 664 00:39:10,040 --> 00:39:12,400 Speaker 1: once you once you kind of put people in a 665 00:39:12,480 --> 00:39:13,920 Speaker 1: room and say we're not going to leave until we 666 00:39:13,960 --> 00:39:16,560 Speaker 1: get a deal done, great things can happen, and it 667 00:39:16,680 --> 00:39:20,479 Speaker 1: is too important American people, particularly after after the election. Though, 668 00:39:20,880 --> 00:39:24,040 Speaker 1: I'm trying to just get the timetable. Well, Look, as 669 00:39:24,120 --> 00:39:26,799 Speaker 1: long as we stay at the negotiating table, I think 670 00:39:26,840 --> 00:39:28,920 Speaker 1: we could reach agreement before. Look, I don't want to 671 00:39:28,920 --> 00:39:31,319 Speaker 1: make any you know, news in this regard because I'm 672 00:39:31,360 --> 00:39:33,600 Speaker 1: not in that negotiating room. That's really done by our 673 00:39:33,680 --> 00:39:36,880 Speaker 1: leadership within the House Democratic Caucus. But I think Speaker 674 00:39:36,880 --> 00:39:40,880 Speaker 1: Pelosi and Mark Meadows and Mitch McConnell really need to 675 00:39:40,920 --> 00:39:45,919 Speaker 1: continue these negotiations, uh between now and the election. And look, 676 00:39:45,960 --> 00:39:47,640 Speaker 1: if we stay focused in on what's in the best 677 00:39:47,640 --> 00:39:50,120 Speaker 1: interest of American people, I actually I am optimistic that 678 00:39:50,160 --> 00:39:53,319 Speaker 1: a deal could get done before the elections, alright. So 679 00:39:53,400 --> 00:39:56,000 Speaker 1: that so then moving on the other big item that's 680 00:39:56,040 --> 00:39:58,279 Speaker 1: on the Congress to do list, of course, is you've 681 00:39:58,280 --> 00:40:00,520 Speaker 1: got to keep the government open. What do we know 682 00:40:00,600 --> 00:40:04,960 Speaker 1: about the deadline on September thirty, Congressman Stanton, And you 683 00:40:05,000 --> 00:40:07,239 Speaker 1: think there's gonna you're gonna be able to avert a 684 00:40:07,360 --> 00:40:11,200 Speaker 1: government shutdown? Yes, I do think we're gonna we're gonna 685 00:40:11,200 --> 00:40:14,279 Speaker 1: avert a government shutdown. But look, you're probably gonna get 686 00:40:14,280 --> 00:40:17,120 Speaker 1: little both. Seeing here, I'm in the House Democratic Caucus. 687 00:40:17,200 --> 00:40:19,440 Speaker 1: We got our work done. We passed our budget bills, 688 00:40:19,440 --> 00:40:22,279 Speaker 1: we passed our appropriations bills in the in the due 689 00:40:22,320 --> 00:40:25,200 Speaker 1: course and the timeline that's appropriate. On the Senate side, 690 00:40:25,239 --> 00:40:27,239 Speaker 1: they haven't done so, so it's obviously makes it very 691 00:40:27,320 --> 00:40:31,359 Speaker 1: very difficult to negotiate. Do I believe realistically that we're 692 00:40:31,360 --> 00:40:34,160 Speaker 1: probably gonna run the government by a series of continuing 693 00:40:34,200 --> 00:40:36,759 Speaker 1: resolutions until after the election. Yes, on that one. I 694 00:40:36,760 --> 00:40:39,239 Speaker 1: want to be more realistic with your listeners that that 695 00:40:39,400 --> 00:40:41,600 Speaker 1: is likely how we're going to continue to get to 696 00:40:41,760 --> 00:40:44,920 Speaker 1: keep this government going and diverted government shutdown is not 697 00:40:45,040 --> 00:40:48,080 Speaker 1: by passing a whole new series of appropriations bill, but 698 00:40:48,200 --> 00:40:52,359 Speaker 1: continuing what we already have alright, fascinating, fascinating And then 699 00:40:52,440 --> 00:40:56,160 Speaker 1: uh just uh in terms of the dynamic of how 700 00:40:56,840 --> 00:41:00,000 Speaker 1: the vaccination process is going, can you just from your 701 00:41:00,120 --> 00:41:04,520 Speaker 1: perspectives as a lawmaker, are we at danger of having 702 00:41:04,560 --> 00:41:10,200 Speaker 1: this entire process being politicized or has the private sector 703 00:41:10,280 --> 00:41:13,560 Speaker 1: done anything that you think will allow for once there 704 00:41:13,760 --> 00:41:17,120 Speaker 1: is a viable vaccine for the American people to trust 705 00:41:17,160 --> 00:41:20,600 Speaker 1: it because that is so incredibly important, as you know, well, 706 00:41:20,600 --> 00:41:24,200 Speaker 1: of course, yes, obviously, we cannot have any sense that 707 00:41:24,400 --> 00:41:27,520 Speaker 1: people's concerns about their re election, whether Donald Trump or 708 00:41:27,560 --> 00:41:32,560 Speaker 1: anyone else, somehow has compromised the system of ensuring that 709 00:41:32,920 --> 00:41:37,120 Speaker 1: medicine that's entering the public marketplace is anything other than 710 00:41:37,120 --> 00:41:40,440 Speaker 1: fully safe. We have the FDA process there for a reason, 711 00:41:40,880 --> 00:41:45,400 Speaker 1: and it's so incredibly important that both the government appropriate 712 00:41:45,440 --> 00:41:49,920 Speaker 1: government officials as well as the private sector companies vouch 713 00:41:49,960 --> 00:41:52,279 Speaker 1: that this has been done the appropriate way. We can't 714 00:41:52,280 --> 00:41:54,440 Speaker 1: take shortcuts in that regard. No, By the way, I 715 00:41:54,440 --> 00:41:56,799 Speaker 1: would also add to that, what a shame it is 716 00:41:56,840 --> 00:41:59,440 Speaker 1: that we've taken ourselves out of the World Health Organization, 717 00:41:59,760 --> 00:42:04,680 Speaker 1: which is also helping to coordinate vaccine dissemination globally. It's 718 00:42:04,719 --> 00:42:07,120 Speaker 1: important that the United States be not just you know, 719 00:42:07,160 --> 00:42:08,880 Speaker 1: not be a part of it, but also be a 720 00:42:08,960 --> 00:42:12,200 Speaker 1: leader in that process. But unfortunately, this president has taken 721 00:42:12,280 --> 00:42:14,680 Speaker 1: us in the exact opposite direction in terms of world 722 00:42:14,760 --> 00:42:19,160 Speaker 1: leadership on the issue of vaccine development and vaccine dissemination. 723 00:42:20,120 --> 00:42:23,560 Speaker 1: So it really is, it really is remarkable. So we 724 00:42:23,640 --> 00:42:26,320 Speaker 1: do this thing on the show. Congressman Greg Stanton is 725 00:42:26,640 --> 00:42:29,440 Speaker 1: on with us. He's a Democrat from Arizona's ninth congressional district. 726 00:42:29,520 --> 00:42:30,799 Speaker 1: We do this thing on the show called What's on 727 00:42:30,840 --> 00:42:34,239 Speaker 1: Your Radar? And I was prepping for this, uh, for 728 00:42:34,320 --> 00:42:37,840 Speaker 1: this interview, I came across this new NBC News report 729 00:42:38,360 --> 00:42:42,480 Speaker 1: on Arizona's down winders. Now, for folks outside of Arizona, 730 00:42:42,800 --> 00:42:44,960 Speaker 1: many of them might not be familiar with it, but 731 00:42:45,200 --> 00:42:47,680 Speaker 1: can you just tell us what this issue is and 732 00:42:47,960 --> 00:42:50,520 Speaker 1: what you're doing to try to to push for for 733 00:42:50,520 --> 00:42:54,319 Speaker 1: funding for some of these people. Yeah, I represent the 734 00:42:54,440 --> 00:42:57,680 Speaker 1: urban Phoenix area. But the truth is that, um, this 735 00:42:57,840 --> 00:43:00,880 Speaker 1: is an injustice that's occurred in Arizona and Nevada. And 736 00:43:00,920 --> 00:43:03,240 Speaker 1: what happened is and you know, in the mid nineteen 737 00:43:03,239 --> 00:43:05,800 Speaker 1: forties up until the early nineteen sixties, the United States 738 00:43:05,880 --> 00:43:09,800 Speaker 1: engaged in significant nuclear testing in the in the the 739 00:43:09,960 --> 00:43:13,120 Speaker 1: in the desert area in the Nevada and the wind 740 00:43:13,239 --> 00:43:18,360 Speaker 1: would push uh the nuclear materials to other areas, including 741 00:43:18,400 --> 00:43:23,319 Speaker 1: to Mohave County in Arizona, including to Clark County in 742 00:43:23,760 --> 00:43:26,479 Speaker 1: UH in Nevada. And there has been a system set 743 00:43:26,560 --> 00:43:29,960 Speaker 1: up to give people compensation because so many family members 744 00:43:29,960 --> 00:43:32,319 Speaker 1: of people have died of cancer as a result of this. 745 00:43:32,840 --> 00:43:36,080 Speaker 1: But the truth is that many of the impacted families 746 00:43:36,320 --> 00:43:39,320 Speaker 1: were not included for a variety of reasons in earlier 747 00:43:39,360 --> 00:43:42,319 Speaker 1: compensation systems. So I said, you know what, I know 748 00:43:42,400 --> 00:43:45,560 Speaker 1: that happened decades ago. It's not even in my district. 749 00:43:45,560 --> 00:43:48,239 Speaker 1: But you know what, um, sometimes you've got to stand 750 00:43:48,320 --> 00:43:51,359 Speaker 1: up for the right thing to do and providing recognition 751 00:43:51,400 --> 00:43:54,440 Speaker 1: for those families that that the their loved ones and 752 00:43:54,760 --> 00:43:57,920 Speaker 1: too many of them have died unfortunately because of this tragedy. 753 00:43:58,800 --> 00:44:02,200 Speaker 1: Recognizing them and compensating them is going to be a 754 00:44:02,239 --> 00:44:04,319 Speaker 1: priority for me, and so I wanted to make sure 755 00:44:04,360 --> 00:44:07,879 Speaker 1: that we included all of the families negative impacted by 756 00:44:07,880 --> 00:44:10,440 Speaker 1: this nuclear testing from decades ago. So it's not the 757 00:44:10,480 --> 00:44:12,160 Speaker 1: biggest issue in the world, but it's one of those 758 00:44:12,160 --> 00:44:14,040 Speaker 1: things where it's just the right thing to do. Well. 759 00:44:14,040 --> 00:44:16,400 Speaker 1: It's a big they have confidence in the government, and 760 00:44:16,440 --> 00:44:18,560 Speaker 1: it's a big issue to those families that are impacted 761 00:44:18,600 --> 00:44:22,640 Speaker 1: because rica's scheduled to end in two and the Radiation 762 00:44:22,719 --> 00:44:26,040 Speaker 1: Exposure Compensation Act. I mean it really for those families 763 00:44:26,080 --> 00:44:31,879 Speaker 1: in Arizona, Nevada and Utah. Uh, it's incredibly, incredibly, incredibly important. Alright, 764 00:44:31,920 --> 00:44:34,440 Speaker 1: Arizona Swing State. It's not just about the money, it's 765 00:44:34,480 --> 00:44:37,080 Speaker 1: about the recognition that they were wrong. And that's that's 766 00:44:37,080 --> 00:44:39,920 Speaker 1: an important thing too. That is important. That's port Arizona 767 00:44:39,960 --> 00:44:41,880 Speaker 1: Swing State Congressman. Make sure you come back on and 768 00:44:41,960 --> 00:44:45,040 Speaker 1: keep us updated. I gotta say, hiking Camelback Mountain was 769 00:44:45,080 --> 00:44:47,879 Speaker 1: one of the best experiences of my life. I will 770 00:44:47,960 --> 00:44:51,560 Speaker 1: never forget it. Arizona skies are just the best. When 771 00:44:51,600 --> 00:44:53,920 Speaker 1: I when I went out there, I've never seen a cactus, 772 00:44:54,480 --> 00:44:56,880 Speaker 1: never seen the sky that big Arizona one of my 773 00:44:56,960 --> 00:44:58,680 Speaker 1: one of the most beautiful states in the country. So 774 00:44:58,680 --> 00:45:00,759 Speaker 1: thank you so much, Congressman for coming on and giving 775 00:45:00,840 --> 00:45:02,879 Speaker 1: us an update on all of these important issues. That's 776 00:45:02,920 --> 00:45:06,880 Speaker 1: Congressman Stanton. He is a Democrat from Arizona and of 777 00:45:06,920 --> 00:45:10,600 Speaker 1: course also the former mayor of Phoenix, Arizona as well. 778 00:45:10,640 --> 00:45:12,480 Speaker 1: Coming up, we also check in with what's on the 779 00:45:12,480 --> 00:45:14,560 Speaker 1: panels radar. My name is Kevin Cirelli on the Chief 780 00:45:14,560 --> 00:45:18,160 Speaker 1: Washington correspondent for Bloomberg Television and for Bloomberg Radio. And 781 00:45:18,200 --> 00:45:26,440 Speaker 1: you're listening to Bloomberg one. You're listening to Bloomberg Sound 782 00:45:26,480 --> 00:45:30,480 Speaker 1: On with Kevin Curreley on Bloomberg and one oh five 783 00:45:30,520 --> 00:45:34,600 Speaker 1: points seven f M h D two. I'm Kevin Cirelli, 784 00:45:34,680 --> 00:45:39,040 Speaker 1: Chief Washington correspondent for Bloomberg Television and for Bloomberg Radio. 785 00:45:39,400 --> 00:45:44,680 Speaker 1: Panel with me for the hour. The Jack Kingston, former 786 00:45:44,719 --> 00:45:49,120 Speaker 1: Republican George Congressman, Trump campaign surrogate, the A. Scott Bolden 787 00:45:49,200 --> 00:45:53,040 Speaker 1: Democratic Strategies, former DC Democratic Party Chairman and at Serny Scott. 788 00:45:53,080 --> 00:45:55,600 Speaker 1: I mean you heard the congressman. He said that Arizona 789 00:45:55,640 --> 00:45:59,480 Speaker 1: is known for pizza. You know, I don't necessarily agree 790 00:45:59,480 --> 00:46:04,080 Speaker 1: with that. Yeah, you know, he's got deep dish, instant crush. 791 00:46:04,160 --> 00:46:07,040 Speaker 1: You called this a cracker, but you know, I'm from Chicago, 792 00:46:07,480 --> 00:46:10,719 Speaker 1: so deep dish at Geno's and and some of the 793 00:46:10,760 --> 00:46:14,880 Speaker 1: other Giodano's are just famous with Chicago. And then I 794 00:46:14,920 --> 00:46:17,840 Speaker 1: was a prosecutor in New York in the late eighties 795 00:46:18,280 --> 00:46:21,000 Speaker 1: and all it was was a thin piece of pizza 796 00:46:21,040 --> 00:46:23,400 Speaker 1: and you slap it together and needed like a sandwich. 797 00:46:23,440 --> 00:46:26,680 Speaker 1: And so is the really interesting that Arizona has all 798 00:46:26,719 --> 00:46:29,200 Speaker 1: of those? You know, well, I mean we got tomato 799 00:46:29,239 --> 00:46:32,000 Speaker 1: pie where I grew up in Uh, the only genos 800 00:46:32,120 --> 00:46:35,319 Speaker 1: I know, The only genos I know is a cheese 801 00:46:35,320 --> 00:46:40,839 Speaker 1: steak across the cheese steakstand across. Yes, yes, very much, Jack. 802 00:46:40,920 --> 00:46:44,600 Speaker 1: What do you think thin, thin crust or dinner or 803 00:46:44,640 --> 00:46:53,759 Speaker 1: deep dish? Definitely also disgusting, Scott, I need you to 804 00:46:53,880 --> 00:46:57,120 Speaker 1: join me. Let's turn on our husband minute, just for 805 00:46:57,280 --> 00:47:00,960 Speaker 1: three seconds. I had fun cambell Act Mountain and it 806 00:47:01,120 --> 00:47:05,280 Speaker 1: is a great hike, but if it were like a movie, 807 00:47:05,480 --> 00:47:08,560 Speaker 1: it would be very g rated. I'm talking about four 808 00:47:08,640 --> 00:47:14,040 Speaker 1: year old nine year olds. You are a hiker, I 809 00:47:14,080 --> 00:47:19,680 Speaker 1: know that, And I mean and he's talking about camel 810 00:47:19,719 --> 00:47:24,520 Speaker 1: back to thank you. Okay, I was just gonna say, Jack, 811 00:47:24,640 --> 00:47:26,640 Speaker 1: you are You're really coming at me, and I'm happy 812 00:47:26,719 --> 00:47:29,479 Speaker 1: to challenge you to a race, buddy, if that's you know. See, 813 00:47:29,480 --> 00:47:31,680 Speaker 1: I I don't want to be over competitive. We're working 814 00:47:31,719 --> 00:47:35,200 Speaker 1: on my competitive streak. Right. We acknowledge your flaws, but 815 00:47:35,480 --> 00:47:38,319 Speaker 1: you know, respectfully, Jack Kinson, meet me out on the track. 816 00:47:38,360 --> 00:47:43,239 Speaker 1: How's that back? I have no doubt, I have no 817 00:47:43,360 --> 00:47:45,440 Speaker 1: doubt that you could be me. But I ain't talking 818 00:47:45,680 --> 00:47:48,680 Speaker 1: back about Camelback Mountain. Don't you think I had a 819 00:47:48,800 --> 00:47:50,839 Speaker 1: rough monday? Don't you think I had a rough enough 820 00:47:50,840 --> 00:47:53,040 Speaker 1: Monday with the Eagles losing? Now I gotta take it 821 00:47:53,040 --> 00:47:55,640 Speaker 1: from the panel. Alright, Jack Kingson, what's on your radar? 822 00:47:55,680 --> 00:47:59,920 Speaker 1: You're up first? Um. You know, I'll tell you one 823 00:48:00,080 --> 00:48:02,720 Speaker 1: thing that that my my friend R. Scott would agree 824 00:48:02,719 --> 00:48:06,600 Speaker 1: with me on. Um is the polls are just very deceptive. 825 00:48:06,880 --> 00:48:10,440 Speaker 1: Um Uh. You know I'll say this. I'm afraid to 826 00:48:10,440 --> 00:48:15,000 Speaker 1: wear my MAGA hat in Washington, d C. You should. 827 00:48:18,960 --> 00:48:21,680 Speaker 1: I'm afraid of my body that I'll get hurt. And 828 00:48:21,719 --> 00:48:25,000 Speaker 1: so why would somebody in a poll have a certain 829 00:48:25,080 --> 00:48:26,480 Speaker 1: you know, somebody call him out of the blue and 830 00:48:26,480 --> 00:48:29,520 Speaker 1: say who you're voting for. I'm just telling you I 831 00:48:29,560 --> 00:48:32,759 Speaker 1: think these poles are off. They were all off in 832 00:48:32,800 --> 00:48:36,799 Speaker 1: two thousand and sixteen. Not saying that therefore you know 833 00:48:36,960 --> 00:48:39,600 Speaker 1: we've got it made, but I'm just saying, anybody who 834 00:48:39,600 --> 00:48:43,799 Speaker 1: can predict what's gonna happen in any given state or precinct, um, 835 00:48:44,280 --> 00:48:47,239 Speaker 1: they got swamp line to sell you in Arizona as well. 836 00:48:47,360 --> 00:48:50,920 Speaker 1: So alright, and so the poll, all right, I mean, 837 00:48:50,960 --> 00:48:54,000 Speaker 1: I I you know, I mean, it's going to be interesting. 838 00:48:54,080 --> 00:48:56,359 Speaker 1: I mean, I don't know. I don't know. I think 839 00:48:56,400 --> 00:48:59,160 Speaker 1: a question that every everyone should ask polsters is how 840 00:48:59,280 --> 00:49:02,719 Speaker 1: how have you changed since two thousand and sixteen? How 841 00:49:02,760 --> 00:49:06,080 Speaker 1: have you made an effort to tap into some of 842 00:49:06,120 --> 00:49:09,000 Speaker 1: the voters so you weren't able to reach in two 843 00:49:09,080 --> 00:49:15,399 Speaker 1: thousand and sixteen. All right, yeah, yeah, Well I think 844 00:49:15,480 --> 00:49:18,480 Speaker 1: Jack is right. I think Trump historically under poles and 845 00:49:18,520 --> 00:49:22,640 Speaker 1: will continue to underpoll. So Democrats are running like they're scared, 846 00:49:22,719 --> 00:49:25,439 Speaker 1: like it's a tired race, and we're telling our constituency 847 00:49:25,560 --> 00:49:31,000 Speaker 1: the same thing. What's on my radar? It's September fourteen. 848 00:49:31,560 --> 00:49:35,560 Speaker 1: I'm looking at the September I'm sorry, the October surprise. 849 00:49:36,160 --> 00:49:38,279 Speaker 1: What is that gonna be this year. We know in 850 00:49:39,160 --> 00:49:41,800 Speaker 1: it was the Combian memo. I tend to think that 851 00:49:41,800 --> 00:49:46,359 Speaker 1: that moved Independence and those undecided to Trump. I think 852 00:49:46,400 --> 00:49:48,640 Speaker 1: that what I'm going to keep an eye on is 853 00:49:48,719 --> 00:49:51,799 Speaker 1: the Bob Woodward tapes that are trickling out over the 854 00:49:51,840 --> 00:49:55,040 Speaker 1: next week or two or three with his book called Rage. 855 00:49:55,360 --> 00:49:59,600 Speaker 1: And then don't forget about Mary Trump's takes that are 856 00:49:59,640 --> 00:50:02,799 Speaker 1: trick now and she's got a book out. Those are 857 00:50:02,800 --> 00:50:06,520 Speaker 1: gonna trickle out up until election Day probably, and I 858 00:50:06,560 --> 00:50:10,280 Speaker 1: believe there may be an October surprise in those takes. 859 00:50:10,320 --> 00:50:13,000 Speaker 1: We'll have to see. Well, you know, I don't know, 860 00:50:13,200 --> 00:50:15,160 Speaker 1: because I was talking about this when I ran into 861 00:50:15,160 --> 00:50:19,600 Speaker 1: my buddy Daniel Littman uh for coffee on yesterday. You know, 862 00:50:19,680 --> 00:50:22,280 Speaker 1: I said, he I mean, listen, I'm not knocking Bob Woodward. 863 00:50:22,320 --> 00:50:24,440 Speaker 1: You know, as a journalism I don't. I get it. 864 00:50:24,480 --> 00:50:26,680 Speaker 1: I get it, you know that's bad karma. But I 865 00:50:26,719 --> 00:50:28,880 Speaker 1: but I but you know, at the same time, this 866 00:50:28,960 --> 00:50:30,839 Speaker 1: is the second Trump book that he did. I mean, 867 00:50:30,880 --> 00:50:33,520 Speaker 1: what would name me one thing that stuck from the 868 00:50:33,600 --> 00:50:39,239 Speaker 1: last book, the last book. The last book confirmed what 869 00:50:39,320 --> 00:50:42,000 Speaker 1: we all knew to be the case, what we heard 870 00:50:42,160 --> 00:50:44,960 Speaker 1: and what we believed in what we felt, and so 871 00:50:45,239 --> 00:50:50,600 Speaker 1: confirmation from a journal an award winning journalists, I think 872 00:50:50,600 --> 00:50:53,239 Speaker 1: that does make a difference, if you will. It told 873 00:50:53,280 --> 00:50:56,240 Speaker 1: us that we were not all crazy. But the reality 874 00:50:56,440 --> 00:50:59,960 Speaker 1: is these tapes despite why Trump did them, well why 875 00:51:00,160 --> 00:51:04,120 Speaker 1: Mary Mary Trump did hers, I think it's a piercing 876 00:51:04,280 --> 00:51:08,120 Speaker 1: insight more into the Trump family, but also into Trump. 877 00:51:08,400 --> 00:51:11,279 Speaker 1: And I don't think we've heard, seen, or felt all 878 00:51:11,320 --> 00:51:15,319 Speaker 1: of that yet, despite the chaos president that we had. 879 00:51:15,680 --> 00:51:19,799 Speaker 1: And so that's what's let me let me jump in here, Bennette, I, 880 00:51:19,800 --> 00:51:24,520 Speaker 1: I frankly think where I mean ward winning journalists, Bob 881 00:51:24,680 --> 00:51:28,279 Speaker 1: Woodward as a partisan hack. Everybody knows he is a 882 00:51:29,640 --> 00:51:34,760 Speaker 1: a muckbreaker in Washington, d C. This do you remember 883 00:51:35,600 --> 00:51:40,040 Speaker 1: you remember that chicken suit for the soul book series. 884 00:51:40,520 --> 00:51:47,400 Speaker 1: This is just this is comfort democrats. It's comfort reading 885 00:51:47,480 --> 00:51:52,080 Speaker 1: for the Democrats. Nobody really out there who wants to 886 00:51:52,120 --> 00:51:55,920 Speaker 1: get their job back, who knows that the economy has 887 00:51:55,960 --> 00:51:58,359 Speaker 1: to come back, is worried about what Bob Warber said. 888 00:51:58,400 --> 00:52:00,719 Speaker 1: And by the way, what was Trump supposed to do 889 00:52:00,880 --> 00:52:05,000 Speaker 1: run around being a screamer and say, hey, this is leadership, 890 00:52:05,120 --> 00:52:07,880 Speaker 1: bull I had it. I mean Was he supposed to 891 00:52:07,960 --> 00:52:11,160 Speaker 1: go out to Chinatown with Nancy Pelosi and say everything's fine? 892 00:52:11,280 --> 00:52:16,200 Speaker 1: Was he supposed I'm not going to He could have 893 00:52:16,200 --> 00:52:19,080 Speaker 1: started by telling the truth, all right, and then into 894 00:52:20,880 --> 00:52:24,720 Speaker 1: fix it mode for the for the griller, the pizza, 895 00:52:25,040 --> 00:52:27,000 Speaker 1: Save it for the griller, the pizza. This is a 896 00:52:27,080 --> 00:52:30,439 Speaker 1: policy show, a gentleman, and what we just saw there, 897 00:52:30,520 --> 00:52:33,120 Speaker 1: I think it's really fascinating, folks, because it's really remark 898 00:52:33,200 --> 00:52:35,719 Speaker 1: I mean, it really just illustrates what the moment of 899 00:52:35,800 --> 00:52:38,440 Speaker 1: climate that we're in. You've got the left saying this 900 00:52:38,520 --> 00:52:41,719 Speaker 1: confirms what we knew, and you've got the right saying no, 901 00:52:41,880 --> 00:52:45,080 Speaker 1: it doesn't change anything. And so regardless of of anything, 902 00:52:45,080 --> 00:52:49,440 Speaker 1: I mean, that's how Bob Woodwards book is being interpreted 903 00:52:49,440 --> 00:52:50,880 Speaker 1: by the left and the right. And so I do 904 00:52:51,000 --> 00:52:54,200 Speaker 1: think that is a fascinating snapshot that we just listened 905 00:52:54,239 --> 00:52:57,520 Speaker 1: to about the polarization in this particular moment. But you 906 00:52:57,520 --> 00:53:00,880 Speaker 1: know what's on my radar? You know what's on my radar? No, 907 00:53:01,040 --> 00:53:05,200 Speaker 1: not the Philadelphia Eagles, but they're they're on no one's radar. Sorry, 908 00:53:05,640 --> 00:53:10,920 Speaker 1: but Scooters Mayor. I always want pizza. I'm just taking 909 00:53:10,920 --> 00:53:13,400 Speaker 1: it from one slice to the next. That's how I 910 00:53:13,400 --> 00:53:16,560 Speaker 1: live my life, one slice to the next. No, Mayor Bowser, 911 00:53:17,080 --> 00:53:21,279 Speaker 1: Muriel Bowser, she's mulling. The DC Council is mulling new 912 00:53:21,360 --> 00:53:25,200 Speaker 1: requirements for scooters. The DC Council is considering new legislation 913 00:53:25,239 --> 00:53:28,520 Speaker 1: that would set new requirements to ensure dockless scooters are 914 00:53:28,560 --> 00:53:31,439 Speaker 1: deployed in all parts of the city and prohibited within 915 00:53:31,440 --> 00:53:35,040 Speaker 1: a certain proximity from schools. I'm i scooter. I flip 916 00:53:35,040 --> 00:53:37,399 Speaker 1: flopped on this, folks. I used to be very much 917 00:53:37,400 --> 00:53:39,359 Speaker 1: against them, and now that's how I get around town. 918 00:53:39,360 --> 00:53:41,719 Speaker 1: But quickly before I let you go, Scott, how would 919 00:53:41,760 --> 00:53:47,560 Speaker 1: you grade Mayor Bowser's handling of this summer in regard 920 00:53:47,640 --> 00:53:51,880 Speaker 1: the black lives matter? Everything um, in regard to everything. Well, 921 00:53:51,880 --> 00:53:54,759 Speaker 1: it's a long summer. You know. We certainly put a 922 00:53:54,760 --> 00:53:58,560 Speaker 1: cap on the pandemic here. Our numbers did not get 923 00:53:58,560 --> 00:54:03,040 Speaker 1: out of whack because she'd demonstrate a strong leadership. You 924 00:54:03,040 --> 00:54:06,560 Speaker 1: can get a test all over the How would you greater? 925 00:54:06,600 --> 00:54:09,640 Speaker 1: Because I gotta go in thirty seconds, how would you greater? Greater? 926 00:54:10,040 --> 00:54:13,600 Speaker 1: B plus everything B plus Jack Kingston, thanks so much, 927 00:54:13,600 --> 00:54:15,560 Speaker 1: Scott Boldin, thank you as well. First time would you 928 00:54:15,560 --> 00:54:18,800 Speaker 1: come back on Scott, I will love to be here. Yeah, 929 00:54:18,920 --> 00:54:21,319 Speaker 1: guy had back on with Jack that our flew back. 930 00:54:24,640 --> 00:54:27,320 Speaker 1: I'm not happening. No, there's no thin crust pizza happening. 931 00:54:27,360 --> 00:54:30,520 Speaker 1: There's no thin trust pezza happening. I'm Kevin Sirelli, chief 932 00:54:30,600 --> 00:54:34,440 Speaker 1: pizza correspondent for Bloomberg Television and for Bloomberg Radio. I 933 00:54:34,440 --> 00:54:38,520 Speaker 1: almost said Bloomberg Pizza, Bloomberg Radio. I'm gonna get in trouble. 934 00:54:38,560 --> 00:54:39,640 Speaker 1: You're listening to Bloomberg