1 00:00:01,840 --> 00:00:06,360 Speaker 1: Now from our nation's capital. This is Bloomberg Sound On. 2 00:00:07,080 --> 00:00:11,240 Speaker 1: I am resigning as leader of the Conservative Policy all gone, 3 00:00:11,760 --> 00:00:15,400 Speaker 1: So why is she's still here? I'm going to hear 4 00:00:15,440 --> 00:00:19,280 Speaker 1: the Prime minister? How did you govern an ungovernable conservative 5 00:00:19,280 --> 00:00:24,079 Speaker 1: policy Floomberg sound On Politics, Policy and Perspective from DC's 6 00:00:24,120 --> 00:00:28,240 Speaker 1: top name. He sold miracle jurors that I can't pronounce, 7 00:00:28,360 --> 00:00:30,160 Speaker 1: and I wouldn't have been able to pronounce it even 8 00:00:30,200 --> 00:00:32,120 Speaker 1: before the strokes. If I have to be in a 9 00:00:32,200 --> 00:00:35,040 Speaker 1: fox hole, I want John federman Ino with it. Is 10 00:00:35,080 --> 00:00:39,160 Speaker 1: the normal election time, Doggan County Show, Bloomberg Sound On 11 00:00:39,360 --> 00:00:44,840 Speaker 1: with Joe Matthew on Bloomberg Radio. Another prime minister resigns. 12 00:00:44,920 --> 00:00:48,120 Speaker 1: Welcome to the fastest hour in politics and one of 13 00:00:48,120 --> 00:00:52,000 Speaker 1: the fastest turns in politics today in London. Yeah, Liz 14 00:00:52,000 --> 00:00:54,360 Speaker 1: Trust is out and a new search begins with some 15 00:00:54,480 --> 00:00:58,160 Speaker 1: familiar names already in the mix helping us understand the 16 00:00:58,240 --> 00:01:02,560 Speaker 1: chaos today. Bloomberg Senior Executive editor Dave Merritt with us 17 00:01:02,600 --> 00:01:05,640 Speaker 1: in Washington. Later, the President hits the campaign trail in 18 00:01:05,680 --> 00:01:09,119 Speaker 1: battleground Pennsylvania, where the Senate race is too close to call. 19 00:01:09,240 --> 00:01:11,840 Speaker 1: Right now, we'll talk about it with Jacob Rabashkan from 20 00:01:11,840 --> 00:01:16,240 Speaker 1: Inside Elections and with our panel. Bloomberg Politics contributor Democratic 21 00:01:16,280 --> 00:01:19,720 Speaker 1: analyst Jeanie Schanzano is here today along with Lester Monthson 22 00:01:19,760 --> 00:01:21,759 Speaker 1: of b g R Group, there with us for the hour. 23 00:01:22,640 --> 00:01:25,760 Speaker 1: It's already over for Liz Trust's announcing her decision to quit, 24 00:01:26,319 --> 00:01:29,880 Speaker 1: only forty four days into her tenure. We woke up 25 00:01:29,880 --> 00:01:32,240 Speaker 1: today hearing that this could happen as a possible people 26 00:01:32,240 --> 00:01:34,759 Speaker 1: didn't really think it would be, and by eight thirty 27 00:01:34,800 --> 00:01:38,160 Speaker 1: a m. Eastern time, she spoke live from Number ten 28 00:01:38,240 --> 00:01:41,520 Speaker 1: downing I cannot deliver the mandate on which I was 29 00:01:41,560 --> 00:01:46,080 Speaker 1: elected by the Conservative Party. I have therefore spoken to 30 00:01:46,240 --> 00:01:49,880 Speaker 1: His Majesty the King to notify him that I am 31 00:01:49,920 --> 00:01:54,520 Speaker 1: resigning as leader of the Conservative Party. Short and sweet 32 00:01:54,920 --> 00:02:00,240 Speaker 1: turned and went back inside. And of all days here 33 00:02:00,240 --> 00:02:04,720 Speaker 1: we're fortunate to have a real expert from Bloomberg. Gave Merritt, 34 00:02:04,720 --> 00:02:08,840 Speaker 1: Bloomberg Senior executive editor, was in Washington when the news broke, 35 00:02:09,480 --> 00:02:11,280 Speaker 1: and we're delighted to have them with us now on 36 00:02:11,440 --> 00:02:14,000 Speaker 1: sound on. Dave, Welcome, Thank you so much for having me. 37 00:02:14,040 --> 00:02:15,320 Speaker 1: You know, I'm going to have a couple of dumb 38 00:02:15,400 --> 00:02:19,280 Speaker 1: questions for you here because in many cases Americans don't 39 00:02:19,400 --> 00:02:23,040 Speaker 1: know what to make of this. Not alone, we're struggling 40 00:02:23,040 --> 00:02:24,840 Speaker 1: to know what to make of it. That's fine, but 41 00:02:24,919 --> 00:02:27,480 Speaker 1: I mean, forty what is it? Forty four days? Forty 42 00:02:27,520 --> 00:02:29,920 Speaker 1: four days? It's a record? How is it possible? By 43 00:02:30,040 --> 00:02:32,040 Speaker 1: quite a long way? As well? I mean it's been 44 00:02:32,080 --> 00:02:34,200 Speaker 1: a little bit like time has sped up. In the 45 00:02:34,280 --> 00:02:38,720 Speaker 1: last few weeks. We had this very protracted leadership contest 46 00:02:38,760 --> 00:02:40,720 Speaker 1: that lost it all over the summer, and we heard 47 00:02:40,800 --> 00:02:44,720 Speaker 1: Richie Sunac and this Trust debate the economic issues, two 48 00:02:44,800 --> 00:02:49,160 Speaker 1: very competing views. Liz Trust going from massive tax cuts 49 00:02:49,160 --> 00:02:51,720 Speaker 1: to try to stimulate growth, Richie Soon saying you can't 50 00:02:51,720 --> 00:02:54,359 Speaker 1: do that, it's going to set interest rate surging. We've 51 00:02:54,400 --> 00:02:57,480 Speaker 1: got to get inflation under control. Well, Liz Trust one 52 00:02:57,600 --> 00:03:00,120 Speaker 1: that argument with the constituents of the Conservative part to 53 00:03:00,440 --> 00:03:03,160 Speaker 1: put in place her tax cuts or announced them. And 54 00:03:03,240 --> 00:03:06,080 Speaker 1: what happened it was exactly what she soon said, interest 55 00:03:06,160 --> 00:03:09,840 Speaker 1: rates surge, bond market went into term or the Bank 56 00:03:09,840 --> 00:03:13,280 Speaker 1: of England had to step in um and rescue Britain's 57 00:03:13,280 --> 00:03:18,280 Speaker 1: pensions industry. And at that point, really her credibility was 58 00:03:18,560 --> 00:03:21,240 Speaker 1: shredded and it became very clear from that point it's 59 00:03:21,240 --> 00:03:23,760 Speaker 1: gonna be very difficult for her to continue once that 60 00:03:24,040 --> 00:03:25,800 Speaker 1: the U turn happened, if I can call it. Then 61 00:03:25,880 --> 00:03:28,639 Speaker 1: she started pulling back on these plans. Was it over? Yeah, 62 00:03:28,680 --> 00:03:29,720 Speaker 1: I mean I think it was the I think it 63 00:03:29,760 --> 00:03:31,799 Speaker 1: was the mother of all U turns. She gave a 64 00:03:31,840 --> 00:03:35,480 Speaker 1: press conference after sacking her chancellor, Quasi Quarteng, who, by 65 00:03:35,480 --> 00:03:37,840 Speaker 1: the way, was one of her oldest political allies. They 66 00:03:37,840 --> 00:03:41,040 Speaker 1: wrote a book together years back called Britannia Unchained, where 67 00:03:41,040 --> 00:03:43,400 Speaker 1: they laid out this vision for a low tax, high 68 00:03:43,480 --> 00:03:47,160 Speaker 1: growth Britain. So this really was their kind of lifelong work, 69 00:03:47,360 --> 00:03:51,080 Speaker 1: very much in partnership. She sacked him, replaced him with 70 00:03:51,160 --> 00:03:53,760 Speaker 1: Jeremy Hunt, who shredded all of her agenda, and then 71 00:03:53,760 --> 00:03:55,720 Speaker 1: she stood up. She gave a very bizarre press conference. 72 00:03:55,760 --> 00:03:58,080 Speaker 1: I think it was only about eight minutes long. Didn't 73 00:03:58,080 --> 00:04:01,240 Speaker 1: take any questions. I mean, she looked like someone frankly, 74 00:04:01,240 --> 00:04:04,320 Speaker 1: he was hollowed out from the inside. She was a husk, 75 00:04:04,320 --> 00:04:08,400 Speaker 1: a shell of her former self, someone whose entire vision 76 00:04:08,480 --> 00:04:12,400 Speaker 1: had just been dismantled in front of her eyes. She 77 00:04:12,560 --> 00:04:14,640 Speaker 1: carried on at that point, said she was going to 78 00:04:14,680 --> 00:04:16,760 Speaker 1: carry on, but I think it was clear to most 79 00:04:16,839 --> 00:04:19,080 Speaker 1: observers that it was only going to be a matter 80 00:04:19,120 --> 00:04:21,800 Speaker 1: of time before she had to step down as Prime Minister. 81 00:04:21,880 --> 00:04:24,800 Speaker 1: It was less than twenty four hours before her resignation, 82 00:04:24,880 --> 00:04:27,200 Speaker 1: and you know, this was the cut that went viral. 83 00:04:27,960 --> 00:04:35,960 Speaker 1: I am not a quitter, Mrs Baker. I am a 84 00:04:36,000 --> 00:04:39,839 Speaker 1: fighter and not a Did she know at that point 85 00:04:39,880 --> 00:04:42,200 Speaker 1: that it was over? You know, It's an interesting thing 86 00:04:42,200 --> 00:04:44,280 Speaker 1: about leaders isn't it. And I think we saw this 87 00:04:44,360 --> 00:04:47,400 Speaker 1: with Boris Johnson as well, that they seemed to be 88 00:04:47,440 --> 00:04:51,680 Speaker 1: the last person to acknowledge that really, you know, times 89 00:04:51,760 --> 00:04:53,720 Speaker 1: up is that they're eagle or the bubble they're in, 90 00:04:53,839 --> 00:04:56,120 Speaker 1: or the bubble they're in. It's possibly that to do 91 00:04:56,160 --> 00:04:59,560 Speaker 1: with the personalities involved. I mean, let's trust has got 92 00:04:59,560 --> 00:05:02,760 Speaker 1: of notoriously, she's got a very sort of thick political skin. 93 00:05:02,880 --> 00:05:06,080 Speaker 1: You know, she has had lots of personal criticism thrown 94 00:05:06,120 --> 00:05:08,080 Speaker 1: at her over the years, lots of kind of memes 95 00:05:08,120 --> 00:05:11,280 Speaker 1: about her rather wooden presentation staff, and she kind of 96 00:05:11,320 --> 00:05:13,800 Speaker 1: spun that around in the leadership contest. She said, you know, 97 00:05:13,880 --> 00:05:16,360 Speaker 1: I'm not the slickest presenter, is the way she kind 98 00:05:16,360 --> 00:05:18,280 Speaker 1: of spun it. But then when this sort of big 99 00:05:18,320 --> 00:05:22,200 Speaker 1: moment came. She was then found wanting and yes she 100 00:05:22,200 --> 00:05:23,920 Speaker 1: she hold herself up in the bunker a little bit 101 00:05:23,920 --> 00:05:26,679 Speaker 1: in number ten. Not for as long. I mean, Johnson lasted, 102 00:05:26,920 --> 00:05:31,080 Speaker 1: the speculations swirling him lasted weeks really before he finally 103 00:05:31,120 --> 00:05:34,320 Speaker 1: stepped out and decided to leave. The same thing happened 104 00:05:34,320 --> 00:05:36,440 Speaker 1: to Theresa May. I mean, you know, this is the 105 00:05:36,560 --> 00:05:39,960 Speaker 1: third prime minister in a road at the Conservative Party 106 00:05:40,400 --> 00:05:45,320 Speaker 1: has jettisoned without there being an election, and each one 107 00:05:45,400 --> 00:05:47,360 Speaker 1: seems to get a little bit more careful than the last. 108 00:05:47,440 --> 00:05:51,000 Speaker 1: And they're promising a successor by October. What's going to 109 00:05:51,040 --> 00:05:52,760 Speaker 1: happen in the next I mean, the last time they 110 00:05:52,760 --> 00:05:55,400 Speaker 1: told us it was gonna they're gonna have a fair process, 111 00:05:55,440 --> 00:05:58,440 Speaker 1: it was going to take um several months, a couple 112 00:05:58,440 --> 00:06:00,520 Speaker 1: of days later a week, And now it turns out 113 00:06:00,520 --> 00:06:02,640 Speaker 1: you can do it in a week. It might even 114 00:06:02,680 --> 00:06:05,760 Speaker 1: be shorter than that, Joe, Because really, what the Conservative 115 00:06:05,760 --> 00:06:08,599 Speaker 1: Party wanted at this point um is for everyone to 116 00:06:08,680 --> 00:06:12,719 Speaker 1: coalesce around someone who can bring stability. Now, if you remember, 117 00:06:13,240 --> 00:06:16,240 Speaker 1: or maybe people don't remember, but when David Cameron resigned 118 00:06:17,080 --> 00:06:20,560 Speaker 1: after the Brexit referendum in twenties sixteen, there was a 119 00:06:20,640 --> 00:06:22,640 Speaker 1: leadership contest, but in the end it didn't get to 120 00:06:22,680 --> 00:06:25,640 Speaker 1: the final stage because all the other candidates dropped down. 121 00:06:25,760 --> 00:06:29,480 Speaker 1: Everyone in the party sort of rallied behind Theresa May, 122 00:06:29,600 --> 00:06:32,120 Speaker 1: and you know, initially that worked. That kind of that 123 00:06:32,160 --> 00:06:33,960 Speaker 1: gave a sense of the public that a bit of 124 00:06:33,960 --> 00:06:39,200 Speaker 1: stability was was back, that the party was united, and 125 00:06:39,240 --> 00:06:42,800 Speaker 1: that maybe this rather traumatic result of this Brexit reference 126 00:06:42,839 --> 00:06:45,440 Speaker 1: bit of a shock to half the country, um was 127 00:06:45,520 --> 00:06:47,200 Speaker 1: it was all going to be okay because Theresa was 128 00:06:47,200 --> 00:06:51,080 Speaker 1: going to kind of steady the ship. They're kind of hoping, 129 00:06:51,120 --> 00:06:54,400 Speaker 1: i think against hope for a similar effect now, like, yes, 130 00:06:54,480 --> 00:06:56,720 Speaker 1: this has been a rocky time. I mean most people 131 00:06:56,760 --> 00:06:59,000 Speaker 1: say the rockiest of all the last few days that 132 00:06:59,040 --> 00:07:02,600 Speaker 1: they've ever witnessed in Westminster. But perhaps if they can 133 00:07:02,680 --> 00:07:05,960 Speaker 1: all just come together and agree on one person, we 134 00:07:06,040 --> 00:07:07,800 Speaker 1: might even know the name of that person. But by 135 00:07:07,880 --> 00:07:10,200 Speaker 1: the beginning next week it's a big ift, though it's 136 00:07:10,200 --> 00:07:12,080 Speaker 1: a big if because the party is really at each 137 00:07:12,120 --> 00:07:15,240 Speaker 1: other's throats. What are the ads that name is Boris Well, 138 00:07:15,400 --> 00:07:18,960 Speaker 1: you know, it's remarkable, isn't it become back? It is 139 00:07:19,040 --> 00:07:22,080 Speaker 1: being reported, not confirmed at this point, but it is 140 00:07:22,120 --> 00:07:24,720 Speaker 1: being reported. Maybe we'll hear from him soon. He's apparently, 141 00:07:24,720 --> 00:07:26,400 Speaker 1: by the way, on holiday in the Caribbean. So I 142 00:07:26,520 --> 00:07:31,160 Speaker 1: learned from you this morning exactly learning about this, but 143 00:07:31,600 --> 00:07:33,880 Speaker 1: it will be Apparently he's he's cutting short his holiday 144 00:07:34,080 --> 00:07:37,880 Speaker 1: coming back to London. Um. It's been reported quite a few, 145 00:07:37,960 --> 00:07:39,600 Speaker 1: quite a few times in the recent weeks that he 146 00:07:39,640 --> 00:07:42,680 Speaker 1: has been eyeing a comeback, you know, watching from the 147 00:07:42,680 --> 00:07:47,600 Speaker 1: wings silently the missteps of his successor. I'm thinking, well, 148 00:07:48,280 --> 00:07:49,960 Speaker 1: you know, maybe there's a space to me to come back. 149 00:07:50,000 --> 00:07:52,960 Speaker 1: He always felt aggrieved by the way he was turfed 150 00:07:53,000 --> 00:07:56,480 Speaker 1: out of office, and he thinks, you know, this is 151 00:07:56,600 --> 00:07:58,880 Speaker 1: he's good at the job. And it's interesting actually, if 152 00:07:58,880 --> 00:08:06,080 Speaker 1: you compare the resignation speeches of Boris Johnson to Liz Trust. 153 00:08:06,640 --> 00:08:09,040 Speaker 1: Boris turned it into a bit of a hut, as 154 00:08:09,040 --> 00:08:11,560 Speaker 1: he always does, used a bit of humor, had a 155 00:08:11,600 --> 00:08:14,040 Speaker 1: few kind of choice terms of phrase. Let me say 156 00:08:14,160 --> 00:08:16,760 Speaker 1: that I am now like one of those booster rockets 157 00:08:17,600 --> 00:08:20,880 Speaker 1: that is fulfilled its function, and I will now be 158 00:08:21,000 --> 00:08:25,680 Speaker 1: gently re entering the atmosphere and splashing down invisibly in 159 00:08:25,800 --> 00:08:28,880 Speaker 1: some remote and obscure corner of the Pacific. There were 160 00:08:28,880 --> 00:08:32,640 Speaker 1: some rice smiles and people thinking, oh, well, you know 161 00:08:32,679 --> 00:08:34,160 Speaker 1: he's still got the gift of the gud there. You know, 162 00:08:34,200 --> 00:08:37,960 Speaker 1: he's got the way with the words very different thirty 163 00:08:38,000 --> 00:08:41,400 Speaker 1: seconds just you know, icily reading out the words in 164 00:08:41,440 --> 00:08:44,640 Speaker 1: front of her um and then retreating it was there 165 00:08:44,679 --> 00:08:48,079 Speaker 1: was no emotion there, Theresa May if you remember, um, 166 00:08:48,640 --> 00:08:50,760 Speaker 1: you know, welld up was over common emotion when she did, 167 00:08:50,760 --> 00:08:52,120 Speaker 1: and then Boris turned it into a bit of a joke. 168 00:08:52,200 --> 00:08:55,080 Speaker 1: But let's trust nothing really going on. So in those 169 00:08:55,120 --> 00:08:57,720 Speaker 1: big moments, Boris Johnson will be thinking, you know, there's 170 00:08:57,720 --> 00:08:59,839 Speaker 1: a space for me to come back here. Now he's 171 00:09:00,000 --> 00:09:01,800 Speaker 1: to have a mountain to climb. Well, yeah, how does 172 00:09:01,800 --> 00:09:05,640 Speaker 1: he consolidates enough support to make this happen? Yeah, and 173 00:09:05,679 --> 00:09:07,600 Speaker 1: it's gonna be what is it missed me yet? So 174 00:09:08,480 --> 00:09:11,760 Speaker 1: the rules that they've just announced, and you know Tory Party, 175 00:09:12,040 --> 00:09:13,720 Speaker 1: you know they've got this great ability to make up 176 00:09:13,720 --> 00:09:15,880 Speaker 1: the rules as they go along. But the latest rules 177 00:09:15,880 --> 00:09:18,560 Speaker 1: that they have agreed on or announced is that they're 178 00:09:18,559 --> 00:09:21,240 Speaker 1: going to try and whittle down over the weekend the 179 00:09:21,280 --> 00:09:25,160 Speaker 1: final candidates. But any candidate needs a hundred MPs to 180 00:09:25,280 --> 00:09:29,079 Speaker 1: back them. That means you've got a maximum shortlist of three. 181 00:09:29,559 --> 00:09:32,680 Speaker 1: So it may well be a challenge for him. I think, 182 00:09:32,720 --> 00:09:35,840 Speaker 1: you know, people are crunching the numbers furiously as I speak. 183 00:09:36,400 --> 00:09:39,599 Speaker 1: A couple of MPs, some of Johnson's former cabinet have 184 00:09:39,679 --> 00:09:41,520 Speaker 1: come out and said he's the man for the moment, 185 00:09:41,720 --> 00:09:43,360 Speaker 1: so he will get some votes. Can he get over 186 00:09:43,400 --> 00:09:46,680 Speaker 1: a hundred? I think it's going to be challenging for him. 187 00:09:46,800 --> 00:09:48,920 Speaker 1: But we can still have this conversation with a straight face. 188 00:09:49,000 --> 00:09:51,560 Speaker 1: This is nice, we can have it. Only he's dreaming about. 189 00:09:51,800 --> 00:09:54,520 Speaker 1: This is not beyond the realms of fantasy that he 190 00:09:54,640 --> 00:09:56,560 Speaker 1: actually gets it onto the final ballot. And if it 191 00:09:56,600 --> 00:09:59,080 Speaker 1: does go to the members, we know for a fact 192 00:09:59,760 --> 00:10:01,720 Speaker 1: this is a fact. If it if he gets down 193 00:10:01,760 --> 00:10:05,120 Speaker 1: to a canvassing of the members between say Richie's soon 194 00:10:05,160 --> 00:10:08,120 Speaker 1: at Kim Johnson, Boris Johnson will probably win that vote 195 00:10:08,120 --> 00:10:09,760 Speaker 1: and he'll be back in Downing Street within a week. 196 00:10:09,840 --> 00:10:12,720 Speaker 1: You just unbelievable. You just heard it from Dave Merritt. 197 00:10:12,720 --> 00:10:15,040 Speaker 1: Now what does that mean for all this trust? What 198 00:10:15,040 --> 00:10:17,400 Speaker 1: does she do now? Well, she still remains an You know, 199 00:10:17,440 --> 00:10:19,600 Speaker 1: this is the British system, it's a parliamentary system. This 200 00:10:19,679 --> 00:10:22,040 Speaker 1: is why Johnson can make a comeback, because he didn't 201 00:10:22,120 --> 00:10:25,559 Speaker 1: leave politics. He went back to what we call the backbenches, 202 00:10:25,600 --> 00:10:29,040 Speaker 1: so he became an ordinary constituency MP. Liz Trust will 203 00:10:29,120 --> 00:10:32,240 Speaker 1: do the same. UM. I don't resign though she's still 204 00:10:32,360 --> 00:10:35,959 Speaker 1: I mean some it depends some some prim treason may 205 00:10:36,120 --> 00:10:39,000 Speaker 1: never It is still a constituency MP, and she serves 206 00:10:39,000 --> 00:10:41,480 Speaker 1: a role she's always been had that kind of public 207 00:10:41,520 --> 00:10:44,199 Speaker 1: service Americans, you know, you know, but not all the 208 00:10:44,280 --> 00:10:46,160 Speaker 1: Tony Blair did. And Tony Blair was gone I think 209 00:10:46,160 --> 00:10:49,000 Speaker 1: pretty much after he stepped down UM and went into 210 00:10:49,000 --> 00:10:50,120 Speaker 1: one of the things, and there was then I think 211 00:10:50,120 --> 00:10:53,040 Speaker 1: of by election in his place. I think David Cameron 212 00:10:53,360 --> 00:10:56,240 Speaker 1: also Gordon Brown sticks stuck around. As an MP said, 213 00:10:56,360 --> 00:10:58,160 Speaker 1: it's sort of it's a it's an interesting reflection on 214 00:10:58,240 --> 00:11:00,240 Speaker 1: the character of the prime minister where they sort of 215 00:11:00,320 --> 00:11:02,800 Speaker 1: zoom off to do bigger things or whether they just 216 00:11:02,840 --> 00:11:06,000 Speaker 1: sort of gently fade back into the background. Big kind 217 00:11:06,000 --> 00:11:08,360 Speaker 1: of that was supposed to be the American plan, right. 218 00:11:08,400 --> 00:11:11,280 Speaker 1: Thomas Jefferson said, you know, you move away from your career, 219 00:11:11,280 --> 00:11:13,400 Speaker 1: you serve a term or two and then you go back. Yes, 220 00:11:13,559 --> 00:11:16,520 Speaker 1: public service, that's that's correct. Yeah, we don't do that here. 221 00:11:16,559 --> 00:11:18,600 Speaker 1: We just stay forever if we if they if they can, 222 00:11:18,720 --> 00:11:20,320 Speaker 1: but you know comebacks, I think you know we would 223 00:11:20,320 --> 00:11:22,040 Speaker 1: be on the minds here shorty right. I mean if 224 00:11:22,080 --> 00:11:25,360 Speaker 1: if if you get Boris back in Downing Street, what 225 00:11:25,400 --> 00:11:27,440 Speaker 1: does that that empowered Donald trum So you know, are 226 00:11:27,480 --> 00:11:29,880 Speaker 1: they going to get the band back together? What? What 227 00:11:30,000 --> 00:11:32,079 Speaker 1: a thought? We've got a lot to cover in the 228 00:11:32,160 --> 00:11:34,880 Speaker 1: months ahead, don't we? Absolutely? I mean, you know whatever. Next, 229 00:11:35,000 --> 00:11:36,960 Speaker 1: I'm delighted that you're here in Washington. Come see us 230 00:11:36,960 --> 00:11:41,319 Speaker 1: again soon. I will absolutely thank you, sir. An historic 231 00:11:41,400 --> 00:11:43,920 Speaker 1: day in politics and great to have Dave Merritt with us, 232 00:11:44,520 --> 00:11:48,599 Speaker 1: our senior executive editor at Bloomberg. I'm Joe Matthew in Washington, 233 00:11:49,440 --> 00:11:52,040 Speaker 1: where we assemble the panel. Next, I want to hear 234 00:11:52,080 --> 00:11:56,079 Speaker 1: from Jeanie Chanzano, Bloomberg Politics contributor, and Lester Munson is 235 00:11:56,120 --> 00:12:00,440 Speaker 1: with us today from b g R Group. You couldn't 236 00:12:00,480 --> 00:12:07,800 Speaker 1: even outlast the Lettuce. This is Bloomberg. You're listening to 237 00:12:07,960 --> 00:12:14,600 Speaker 1: Bloomberg Sound On with Joe Matthew on Bloomberg Radio. The 238 00:12:14,640 --> 00:12:18,480 Speaker 1: economist called her the Iceberg Lady, and it was not 239 00:12:18,559 --> 00:12:22,360 Speaker 1: a reference to the Titanic. They meant Liz Trust could 240 00:12:22,400 --> 00:12:27,920 Speaker 1: not outlast, ahead of Iceberg Lettuce. That got everyone going online, 241 00:12:28,520 --> 00:12:31,560 Speaker 1: to the point where the Daily Star newspaper launched a 242 00:12:31,720 --> 00:12:36,920 Speaker 1: live cam, a live stream of their camera aimed at 243 00:12:36,920 --> 00:12:41,720 Speaker 1: ahead of Lettuce. At least it was their version of one. 244 00:12:41,760 --> 00:12:46,520 Speaker 1: It had eyes in a blonde wig. Huh. But yeah, 245 00:12:46,640 --> 00:12:50,880 Speaker 1: the Lettuce one. Let's assemble our panel today. Genie Chanzano 246 00:12:51,000 --> 00:12:54,600 Speaker 1: is here Democratic Analysts and of course Bloomberg Politics contributor, 247 00:12:54,679 --> 00:12:56,880 Speaker 1: joined by Leicster months and back with US principle at 248 00:12:56,920 --> 00:12:59,839 Speaker 1: Government Relations Firm b g R Group, former staff to 249 00:13:00,000 --> 00:13:02,320 Speaker 1: after the Senate Foreign Relations Committee. Great to have both 250 00:13:02,360 --> 00:13:05,320 Speaker 1: of you with us here, Jeanie. I believe someone else 251 00:13:05,360 --> 00:13:07,560 Speaker 1: put it differently. I think it was four point one 252 00:13:07,840 --> 00:13:13,680 Speaker 1: scaramuchis who would have thought forty four days? Who would 253 00:13:13,679 --> 00:13:15,360 Speaker 1: have thought, you know, Joe, it's just the tip of 254 00:13:15,400 --> 00:13:18,080 Speaker 1: the iceberg. Well done. Have to say thank you. I 255 00:13:18,120 --> 00:13:21,800 Speaker 1: practiced that for you. Um, you know, it is stunning. 256 00:13:21,840 --> 00:13:26,200 Speaker 1: I saw Scaramucci say that. Um, you know, it's been 257 00:13:26,320 --> 00:13:29,360 Speaker 1: quite a day. It's really head spinning. And I think 258 00:13:29,760 --> 00:13:32,600 Speaker 1: one of the biggest challenges here, as you know, the 259 00:13:32,640 --> 00:13:35,320 Speaker 1: Conservative Party attempts to go forward and you were just 260 00:13:35,360 --> 00:13:37,560 Speaker 1: talking about that with David and how they've changed the 261 00:13:37,920 --> 00:13:39,880 Speaker 1: you know, the rules so they can make this happen. 262 00:13:40,320 --> 00:13:42,400 Speaker 1: Is they not only have the challenge of dealing with 263 00:13:42,440 --> 00:13:45,240 Speaker 1: the economic crisis that they are in, but they also 264 00:13:45,280 --> 00:13:48,440 Speaker 1: have a crisis in this Conservative Party. I mean, this 265 00:13:48,520 --> 00:13:51,240 Speaker 1: is a crisis that's deep. It is you know, what 266 00:13:51,400 --> 00:13:54,040 Speaker 1: is the Conservative Party in Britain gonna look like post 267 00:13:54,120 --> 00:13:57,000 Speaker 1: Brexit as she goes And it's pretty clear that this 268 00:13:57,080 --> 00:14:01,840 Speaker 1: idea of a you know, small state, low taxation idea 269 00:14:01,920 --> 00:14:04,240 Speaker 1: that was so attractive to the members of the party 270 00:14:04,480 --> 00:14:07,440 Speaker 1: who wanted to support her and did in the last election, 271 00:14:07,920 --> 00:14:10,480 Speaker 1: is no longer a viable way for the Conservative Party 272 00:14:10,520 --> 00:14:12,360 Speaker 1: to go forward. So they've got quite a challenge on 273 00:14:12,400 --> 00:14:14,520 Speaker 1: their hand. And let's not forget they're dealing with post 274 00:14:14,520 --> 00:14:16,600 Speaker 1: COVID of war in Ukraine and everything else they've got 275 00:14:16,600 --> 00:14:18,560 Speaker 1: to deal with. My god, you know that. And we're 276 00:14:18,640 --> 00:14:23,000 Speaker 1: now saying that the Premier maybe decided Monday. The headline 277 00:14:23,040 --> 00:14:27,200 Speaker 1: maybe Monday as Tories set contest rules. Is that realistic 278 00:14:27,320 --> 00:14:31,240 Speaker 1: lester things moved that quickly. Huh Well, and they just 279 00:14:31,360 --> 00:14:35,840 Speaker 1: went through this exercise, uh, you know, for Scaramucci's ago. 280 00:14:36,000 --> 00:14:40,000 Speaker 1: So presumably the muscle memory is pretty good. Uh yeah, 281 00:14:40,080 --> 00:14:43,960 Speaker 1: I I feel like the British We're looking at political 282 00:14:44,040 --> 00:14:48,200 Speaker 1: chaos here in America and said, hold my beer, uh, 283 00:14:48,360 --> 00:14:50,840 Speaker 1: watch what we can do. Um and they and they 284 00:14:50,880 --> 00:14:53,280 Speaker 1: seem to have done a better job of being chaotic 285 00:14:53,320 --> 00:14:56,640 Speaker 1: than we than we have done. That's saying a lot lester. 286 00:14:56,800 --> 00:14:59,040 Speaker 1: Although I don't know when you step back from this, 287 00:15:00,040 --> 00:15:03,400 Speaker 1: it's a pretty straight shot from Brexit to the chaos 288 00:15:03,520 --> 00:15:06,840 Speaker 1: that we've been experiencing now, right, how did Brexit inform 289 00:15:07,520 --> 00:15:12,760 Speaker 1: Liz Trust's demise? Well, I think you're absolutely right. Uh, 290 00:15:12,800 --> 00:15:17,520 Speaker 1: that was a dispositive event, a real uh inflection point. 291 00:15:18,280 --> 00:15:22,240 Speaker 1: The Conservatives, the Tories, uh, in Great Britain became a 292 00:15:22,280 --> 00:15:25,960 Speaker 1: different a different construct in the wake of Brexit, much 293 00:15:26,000 --> 00:15:30,800 Speaker 1: more populist, much more kind of in ah, what we 294 00:15:30,840 --> 00:15:33,600 Speaker 1: would call a Trumpian mold. It's a it's a different 295 00:15:33,600 --> 00:15:37,560 Speaker 1: party than it used to be. And we see the schizophrenia. 296 00:15:37,760 --> 00:15:40,720 Speaker 1: The old model is still there with the new model, 297 00:15:41,000 --> 00:15:44,720 Speaker 1: they're not sure which way to go. They're not totally compatible. 298 00:15:44,800 --> 00:15:48,840 Speaker 1: We're seeing that in our own politics with the populist 299 00:15:48,840 --> 00:15:50,880 Speaker 1: wing and the more establishment wing and a lot of 300 00:15:50,960 --> 00:15:53,480 Speaker 1: name calling and things like that. In Great Britain that's 301 00:15:53,480 --> 00:15:56,800 Speaker 1: manifest in these changes. It's hard to underscore the cultural 302 00:15:56,840 --> 00:16:00,720 Speaker 1: influence of the United Kingdom. Uh And you know it's 303 00:16:00,760 --> 00:16:05,480 Speaker 1: it's it's significant role in history, genie. But as you 304 00:16:05,520 --> 00:16:08,400 Speaker 1: look at what's going on now, are we going to 305 00:16:08,480 --> 00:16:11,520 Speaker 1: be able to call it, you know, a major world 306 00:16:11,640 --> 00:16:14,600 Speaker 1: economic power in a couple of years. You know, we're 307 00:16:14,600 --> 00:16:16,800 Speaker 1: going to have to see going forward. And one of 308 00:16:16,800 --> 00:16:19,160 Speaker 1: the you know, the most amazing things as we look 309 00:16:19,200 --> 00:16:22,720 Speaker 1: at this from the United States perspective is that, you know, 310 00:16:22,800 --> 00:16:26,160 Speaker 1: what happened to Liz trust and what she did arguably 311 00:16:26,160 --> 00:16:28,680 Speaker 1: couldn't have taken place with the checks and balances we 312 00:16:28,760 --> 00:16:31,520 Speaker 1: have here. So we don't often get to pat ourselves 313 00:16:31,520 --> 00:16:33,680 Speaker 1: on the back or pat Madison on the back, but 314 00:16:33,840 --> 00:16:38,000 Speaker 1: these Madisonian checks really do well. There's a lot of chaos, 315 00:16:37,840 --> 00:16:40,360 Speaker 1: as as Lester was just talking about, in both parties, 316 00:16:40,720 --> 00:16:43,440 Speaker 1: but it's hard to make the kind of swift policy 317 00:16:43,520 --> 00:16:46,120 Speaker 1: changes she tried to make over there. It simply could 318 00:16:46,240 --> 00:16:48,920 Speaker 1: not have happened. And you know, in that case would 319 00:16:48,920 --> 00:16:51,520 Speaker 1: have allowed her quite frankly, to stay in a lot longer. 320 00:16:51,880 --> 00:16:54,880 Speaker 1: So you know, it is quite a difference between what 321 00:16:54,920 --> 00:16:57,680 Speaker 1: we would see here and what they see there, and 322 00:16:57,880 --> 00:17:00,280 Speaker 1: you know, whether they're going to be an economic power 323 00:17:00,320 --> 00:17:03,640 Speaker 1: house going forward. I suspect they will find their way back, 324 00:17:03,720 --> 00:17:07,879 Speaker 1: but it may require a re examination of what conservativism 325 00:17:08,040 --> 00:17:11,840 Speaker 1: is in Britain after Brexit. Leicester is a Boris Johnson 326 00:17:12,000 --> 00:17:15,640 Speaker 1: comeback something that you're taking seriously right now? And if 327 00:17:15,680 --> 00:17:18,719 Speaker 1: that really happened, Let's let's be hypothetical for a moment. 328 00:17:18,920 --> 00:17:21,919 Speaker 1: We just go back to the policies that that he 329 00:17:22,040 --> 00:17:28,760 Speaker 1: was overseeing. You know, I'm taking it seriously. The policies. 330 00:17:28,880 --> 00:17:31,679 Speaker 1: I'm not sure we're the issue with with Bojo. I 331 00:17:31,720 --> 00:17:37,879 Speaker 1: think it was his behavior. Yeah, yeah, So if he 332 00:17:37,960 --> 00:17:41,800 Speaker 1: comes back a more as a more sober prime minister, 333 00:17:42,680 --> 00:17:46,120 Speaker 1: then I think he he'll be more successful. And then again, 334 00:17:46,160 --> 00:17:49,320 Speaker 1: he wouldn't be Boris Jenny. That's right. You know, that's 335 00:17:49,359 --> 00:17:52,240 Speaker 1: like an oxy moron to think of a sober Bojo. 336 00:17:52,359 --> 00:17:54,879 Speaker 1: Would he be popular as a sober Bojo? I mean, 337 00:17:54,920 --> 00:17:58,359 Speaker 1: I'm being serious, he may not be, you know, but 338 00:17:58,400 --> 00:18:02,160 Speaker 1: the reality is is that his policies were fairly popular. 339 00:18:02,240 --> 00:18:05,399 Speaker 1: It was the personal behavior that got him into some trouble. 340 00:18:05,760 --> 00:18:07,960 Speaker 1: And so but you know, is Boris Johnson going to 341 00:18:08,119 --> 00:18:11,119 Speaker 1: change his ways, I seriously doubt it, you know, and 342 00:18:11,200 --> 00:18:13,760 Speaker 1: I was amazed to hear David say he thinks that 343 00:18:13,800 --> 00:18:16,040 Speaker 1: there's a real shot that Boris Johnson can come back. 344 00:18:16,280 --> 00:18:19,600 Speaker 1: We know that he has been expressing real frustration that 345 00:18:19,680 --> 00:18:21,760 Speaker 1: he was pushed out and did not want to resign 346 00:18:21,840 --> 00:18:25,119 Speaker 1: obviously and wanted to find a path back. So amazing 347 00:18:25,160 --> 00:18:27,600 Speaker 1: he could find himself back there. At this point, President 348 00:18:27,600 --> 00:18:30,080 Speaker 1: Biden had only nice things to say, very brief remarks 349 00:18:30,119 --> 00:18:33,480 Speaker 1: as he was leaving the White House today for Pennsylvania. 350 00:18:33,760 --> 00:18:37,080 Speaker 1: It was great working with you. Hardly knew you a 351 00:18:37,119 --> 00:18:41,840 Speaker 1: great partner in the supporting of Ukraine with its war 352 00:18:41,920 --> 00:18:44,720 Speaker 1: against Russia. We're gonna pick up on that, by the way, 353 00:18:44,720 --> 00:18:48,200 Speaker 1: the President today in Pennsylvania. Back on the trail. This 354 00:18:48,359 --> 00:18:55,840 Speaker 1: is Bloomberg broadcasting live from our nation's capital, Bloomberg to 355 00:18:55,960 --> 00:19:00,720 Speaker 1: New York, Bloomberg eleven, Frio to Boston, Bloomberg six one 356 00:19:00,880 --> 00:19:05,080 Speaker 1: to San Francisco, Bloomberg nine six to the country, Sirius 357 00:19:05,240 --> 00:19:08,080 Speaker 1: x M General one nine and around the globe of 358 00:19:08,160 --> 00:19:12,399 Speaker 1: Bloomberg Business app then Bloomberg Radio dot Com. This is 359 00:19:12,440 --> 00:19:17,639 Speaker 1: Bloomberg Sound On with Joe Matthew. Much as the names 360 00:19:17,720 --> 00:19:21,560 Speaker 1: of President Biden's schedule, his lack of campaign travel in 361 00:19:21,600 --> 00:19:24,479 Speaker 1: the weeks before the mid terms. But he's back out today, 362 00:19:25,520 --> 00:19:29,840 Speaker 1: flying to battleground Pennsylvania to help John Fetterman and what's 363 00:19:29,880 --> 00:19:32,320 Speaker 1: one of the closest Senate races in the country. Will 364 00:19:32,320 --> 00:19:35,800 Speaker 1: it make a difference to last Jacob Robashkan from Inside Elections. 365 00:19:36,000 --> 00:19:39,840 Speaker 1: President Biden back on the trail today. The one scheduled 366 00:19:39,920 --> 00:19:43,679 Speaker 1: stop this week battleground Pennsylvania, as I mentioned, the place 367 00:19:43,760 --> 00:19:47,160 Speaker 1: that he likes to call home, right Scranton, Pennsylvania, even 368 00:19:47,160 --> 00:19:51,439 Speaker 1: though he lives in Delaware now a rare campaign stop 369 00:19:51,920 --> 00:19:55,520 Speaker 1: to help John Fetterman, and and visited the site of 370 00:19:55,560 --> 00:19:59,040 Speaker 1: the Fern Hollow Bridge in Pittsburgh as well as the 371 00:19:59,080 --> 00:20:02,639 Speaker 1: bridge that collapsed January. You might remember that, you know, 372 00:20:02,680 --> 00:20:08,960 Speaker 1: really became kind of a symbol of the nation's infrastructure deficit. Here. 373 00:20:09,720 --> 00:20:13,960 Speaker 1: President said his policies were focused on rebuilding the middle class. Uh. 374 00:20:14,080 --> 00:20:16,040 Speaker 1: And sitting right there in the front row, look at 375 00:20:16,080 --> 00:20:20,719 Speaker 1: that John Fetterman, the lieutenant governor, and he was wearing 376 00:20:20,720 --> 00:20:24,200 Speaker 1: a suit today we're in a suit when he met 377 00:20:24,240 --> 00:20:28,040 Speaker 1: the President at the airport. Here's Joe Biden, go very 378 00:20:28,080 --> 00:20:31,680 Speaker 1: much for for running. I really do appreciate it. And Joel, 379 00:20:31,760 --> 00:20:35,280 Speaker 1: you're gonna You're gonna be a great, a great lady 380 00:20:35,320 --> 00:20:38,800 Speaker 1: in the center. Wasn't that worth all of the trouble? 381 00:20:38,840 --> 00:20:42,600 Speaker 1: All right, Let's bring in Jacob Robashkin, inside elections analyst 382 00:20:42,720 --> 00:20:45,240 Speaker 1: with an eye on this contest. Jacob, we've really seen 383 00:20:45,280 --> 00:20:47,840 Speaker 1: this one narrow and in a lot of other so 384 00:20:47,960 --> 00:20:51,439 Speaker 1: called battleground states, you name it, Ohio, Georgia, they've kind 385 00:20:51,480 --> 00:20:54,600 Speaker 1: of asked the president to stay away. How come Pennsylvania 386 00:20:54,680 --> 00:20:57,720 Speaker 1: is different? Look, I think there are a couple of 387 00:20:57,760 --> 00:21:01,120 Speaker 1: different factors that contribute to Biden making the trip here 388 00:21:01,119 --> 00:21:04,639 Speaker 1: to Pennsylvania. First, of course, Biden carried the state in 389 00:21:04,680 --> 00:21:09,800 Speaker 1: the election. That's always helpful. Second, as you said, Um, 390 00:21:09,840 --> 00:21:13,040 Speaker 1: you know, Biden has a particular affinity for Pennsylvania. It's 391 00:21:13,080 --> 00:21:16,840 Speaker 1: it's the place where he was born, it's close to Delaware, 392 00:21:16,880 --> 00:21:19,720 Speaker 1: and so I think that when he's deciding where he 393 00:21:19,800 --> 00:21:21,879 Speaker 1: wants to go out on the trail, is probably ranks 394 00:21:21,920 --> 00:21:25,520 Speaker 1: pretty highly. And then finally, what John Futterman needs to 395 00:21:25,560 --> 00:21:29,359 Speaker 1: do right now is uh staunch any sort of momentum 396 00:21:29,400 --> 00:21:31,640 Speaker 1: that dr Oz has picked up over the last couple 397 00:21:31,680 --> 00:21:33,880 Speaker 1: of weeks. And one of the places where he really 398 00:21:33,880 --> 00:21:36,760 Speaker 1: has to lock down full and total supporters from Democrats 399 00:21:36,800 --> 00:21:39,440 Speaker 1: in the state. Right, it's not just about winning over independence, 400 00:21:39,760 --> 00:21:43,840 Speaker 1: but at the moment where we see Futterman lagging, for instance, 401 00:21:43,920 --> 00:21:46,679 Speaker 1: Josh Shapiro, the Democratic nominee for governor, is that he 402 00:21:46,680 --> 00:21:48,840 Speaker 1: doesn't have quite as much to the fort among Democrats. 403 00:21:48,840 --> 00:21:51,320 Speaker 1: So bringing the president in as a surefire way to 404 00:21:51,359 --> 00:21:54,120 Speaker 1: get Democrats excited and bring more attention to the race, 405 00:21:54,160 --> 00:21:57,000 Speaker 1: which is what Futterman needs. Thirty eight. Let's see, they've 406 00:21:57,000 --> 00:22:00,479 Speaker 1: got Fetterman forty seven point seven to oz Is forty 407 00:22:00,600 --> 00:22:05,040 Speaker 1: three point two. That, of course is an average of 408 00:22:05,160 --> 00:22:09,520 Speaker 1: polls here. Uh, there's a very short amount of time left. Right, 409 00:22:09,640 --> 00:22:13,840 Speaker 1: we've got less than three weeks. Are these numbers essentially 410 00:22:13,880 --> 00:22:16,760 Speaker 1: what we have baked in going into election day? Well, 411 00:22:16,800 --> 00:22:19,320 Speaker 1: I don't think that they're quite baked in yet. This 412 00:22:19,400 --> 00:22:22,359 Speaker 1: is a race where we have seen some interesting movement. 413 00:22:22,400 --> 00:22:25,600 Speaker 1: Of course, Dr Oz began the general election in the 414 00:22:25,680 --> 00:22:29,639 Speaker 1: thirties coming out of that bruising Republican primary against Dave McCormick, 415 00:22:29,960 --> 00:22:32,840 Speaker 1: husband of DNA Powell mcgormick, the next head at the 416 00:22:32,880 --> 00:22:37,840 Speaker 1: Robin Hood Foundation. Apparently um. And we've we've seen Oz 417 00:22:37,880 --> 00:22:40,760 Speaker 1: pickup steam as he's consolidated Republican voters and now he's 418 00:22:40,760 --> 00:22:43,800 Speaker 1: working on winning over independence as well, and so he 419 00:22:44,119 --> 00:22:47,320 Speaker 1: is running a real campaign that is trying to use 420 00:22:47,359 --> 00:22:49,240 Speaker 1: their head of steam over the last couple of weeks 421 00:22:49,240 --> 00:22:51,639 Speaker 1: to close that gap. I think Spedderman's job at the 422 00:22:51,640 --> 00:22:54,520 Speaker 1: moment is prevent defense. He's got to hold on to 423 00:22:54,640 --> 00:22:56,400 Speaker 1: that forty eight percent of the vote that he has 424 00:22:56,520 --> 00:22:58,800 Speaker 1: right now and make sure that he can scoop up 425 00:22:58,960 --> 00:23:00,879 Speaker 1: a little bit of undecided the voters that will need 426 00:23:00,920 --> 00:23:02,919 Speaker 1: to get him to fifty or close to it. And 427 00:23:02,960 --> 00:23:05,400 Speaker 1: if he's able to do that, he should be fine here. 428 00:23:05,400 --> 00:23:08,280 Speaker 1: But ODS is clearly picking up steam and gaining on 429 00:23:08,359 --> 00:23:11,240 Speaker 1: him in the closing weeks. It's been remarkable actually, the 430 00:23:11,280 --> 00:23:13,120 Speaker 1: progress he's made. By the way, the real clear poll 431 00:23:13,200 --> 00:23:17,040 Speaker 1: of polls has UH a smaller gap, Fetterman up by 432 00:23:17,040 --> 00:23:20,800 Speaker 1: two and a half um. Dr Oz put some real 433 00:23:20,880 --> 00:23:25,439 Speaker 1: money into ads, negative ads framing Fetterman is soft on 434 00:23:25,560 --> 00:23:28,680 Speaker 1: crime and suggesting that h that he might be a 435 00:23:28,760 --> 00:23:31,360 Speaker 1: drug user. Donald Trump says he's you know, he's smoking 436 00:23:31,400 --> 00:23:33,439 Speaker 1: pot and his mom's basement, and that they try to 437 00:23:33,480 --> 00:23:35,320 Speaker 1: frame him with the hoodie and the whole thing is 438 00:23:35,800 --> 00:23:38,800 Speaker 1: essentially not a serious person. Is that what actually helped 439 00:23:38,800 --> 00:23:42,720 Speaker 1: to narrow the numbers. I'm sure that is partially what 440 00:23:42,840 --> 00:23:46,080 Speaker 1: it's about the specific messaging. I think more importantly is 441 00:23:46,080 --> 00:23:48,040 Speaker 1: that Oz was running any sort of ads at all, 442 00:23:48,359 --> 00:23:50,359 Speaker 1: because the things we saw over the summer was that 443 00:23:50,640 --> 00:23:54,000 Speaker 1: after Oz and won that primary, he really went dark 444 00:23:54,040 --> 00:23:56,639 Speaker 1: on TV, and Fetterman and his allies had free reign 445 00:23:56,920 --> 00:23:59,359 Speaker 1: to define odds in a negative way and build up 446 00:23:59,560 --> 00:24:02,359 Speaker 1: Betterman and his own positive image across the state. And 447 00:24:02,400 --> 00:24:04,800 Speaker 1: so really where we begin to see the narrowing of 448 00:24:04,840 --> 00:24:07,680 Speaker 1: the races when OZ woke up started giving a little 449 00:24:07,680 --> 00:24:10,200 Speaker 1: bit more money to his own campaign and running any 450 00:24:10,240 --> 00:24:13,760 Speaker 1: sort of ads on TV, including the specific ones about 451 00:24:13,760 --> 00:24:17,080 Speaker 1: Fetterman and crime. And I think, you know, the crime 452 00:24:17,119 --> 00:24:21,040 Speaker 1: issue matters more perhaps when it comes to the larger 453 00:24:21,119 --> 00:24:24,160 Speaker 1: questions about crime and what we've seen happen in Philadelphia, 454 00:24:24,480 --> 00:24:26,840 Speaker 1: and less about the kind of specific attacks. You know, 455 00:24:26,840 --> 00:24:30,520 Speaker 1: Betterman has tattoos and things like that. Yeah, right, member 456 00:24:30,520 --> 00:24:33,000 Speaker 1: of the crips. I think it was one of the 457 00:24:33,040 --> 00:24:36,399 Speaker 1: interesting lines that I heard floated. Um, then there's the 458 00:24:36,400 --> 00:24:39,160 Speaker 1: matter of his health of course, John Federman suffered a stroke. 459 00:24:39,720 --> 00:24:41,399 Speaker 1: Uh and you know, look, he he took quite a 460 00:24:41,400 --> 00:24:44,000 Speaker 1: bit of time off the trail. There were questions about 461 00:24:44,000 --> 00:24:47,359 Speaker 1: that interview. He did use in clothes capturing, and some 462 00:24:47,440 --> 00:24:49,600 Speaker 1: actually tried to make it a cause, saying this is, 463 00:24:50,000 --> 00:24:53,480 Speaker 1: you know, you're supporting a disabled American here. Has that 464 00:24:53,600 --> 00:24:57,280 Speaker 1: actually been a factor in people's decisions or sort of 465 00:24:57,280 --> 00:24:59,800 Speaker 1: a national sideline story? I mean, he was out with 466 00:24:59,840 --> 00:25:02,480 Speaker 1: a medical report from his doctor yesterday. How important is 467 00:25:02,480 --> 00:25:04,639 Speaker 1: that in this race? Look, it's always going to be 468 00:25:04,640 --> 00:25:07,800 Speaker 1: important if voters think that you're capable or incapable of 469 00:25:07,880 --> 00:25:11,239 Speaker 1: performing the job and responsibilities of a senator. I'm not 470 00:25:11,320 --> 00:25:13,440 Speaker 1: so sure that this is a make or break issue 471 00:25:13,480 --> 00:25:16,120 Speaker 1: for Fetterman at the moment. I think there's there's evidence 472 00:25:16,160 --> 00:25:18,920 Speaker 1: to suggest there's some skepticism from voters that they're getting 473 00:25:18,920 --> 00:25:21,600 Speaker 1: the full story about his current health condition. But there's 474 00:25:21,600 --> 00:25:24,800 Speaker 1: also evidence to suggest that voters do empathize with him 475 00:25:24,880 --> 00:25:26,879 Speaker 1: because a lot of voters have people in their family 476 00:25:26,960 --> 00:25:30,520 Speaker 1: or themselves who have gone through significant health challenges. Betterment 477 00:25:30,560 --> 00:25:34,160 Speaker 1: has really leaned into that aspect. At his rallies these days, 478 00:25:34,200 --> 00:25:36,560 Speaker 1: he asks everyone in the audience if you've ever had 479 00:25:36,600 --> 00:25:38,560 Speaker 1: a stroke, raise your hand. If you have a family 480 00:25:38,560 --> 00:25:41,240 Speaker 1: member who's had a stroke or a serious health condition, 481 00:25:41,320 --> 00:25:44,080 Speaker 1: raise your hand, and tries to turn that against us. 482 00:25:44,080 --> 00:25:46,920 Speaker 1: I think it's notable that OZ isn't really using those 483 00:25:47,000 --> 00:25:51,399 Speaker 1: lines in is paid advertising. It's much more Republicans uh 484 00:25:51,520 --> 00:25:53,520 Speaker 1: it out in the media space who like to bring 485 00:25:53,560 --> 00:25:57,200 Speaker 1: up Setterman's recovery from the stroke. Jacob, thanks for your insights, 486 00:25:57,280 --> 00:26:02,520 Speaker 1: Jacob Robashkan from Inside Elections. Perfect set up for our panel. Next, 487 00:26:02,560 --> 00:26:05,800 Speaker 1: I want to get into this issue of the medical report. 488 00:26:05,880 --> 00:26:07,560 Speaker 1: We haven't had a chance to talk about if the 489 00:26:07,640 --> 00:26:12,160 Speaker 1: doctor says Fetterman spoke intelligently without cognitive deficits. He's still 490 00:26:12,160 --> 00:26:14,880 Speaker 1: got a debate though, to prove that. Our panel is next. 491 00:26:14,880 --> 00:26:20,840 Speaker 1: I'm Joe Matthew. This is Bloomberg. You're listening to Bloomberg 492 00:26:21,040 --> 00:26:27,160 Speaker 1: Sound On with Joe Matthew on Bloomberg Radio. That John 493 00:26:27,200 --> 00:26:32,360 Speaker 1: Fetterman went to the doctor on October four, Dr Clifford 494 00:26:32,400 --> 00:26:36,040 Speaker 1: Shen's office, and the doc wrote, and what has now 495 00:26:36,080 --> 00:26:39,879 Speaker 1: been released publicly a medical report on the Lieutenant governor, 496 00:26:39,960 --> 00:26:44,280 Speaker 1: the Democratic candidate nominee for Senate in Pennsylvania. That key 497 00:26:44,359 --> 00:26:48,560 Speaker 1: quote continues to exhibit symptoms of an auditory processing disorder, 498 00:26:49,240 --> 00:26:52,840 Speaker 1: which can come across as hearing difficulty unquote. This is, 499 00:26:52,880 --> 00:26:55,840 Speaker 1: of course, something that we talked about quite a bit 500 00:26:55,880 --> 00:26:57,520 Speaker 1: when he sat for an interview I guess it was 501 00:26:57,560 --> 00:26:59,840 Speaker 1: a week ago with NBC, and he had to use 502 00:27:00,160 --> 00:27:04,560 Speaker 1: was captioning to to capture the questions properly, which is, 503 00:27:04,760 --> 00:27:08,240 Speaker 1: you know, not unheard of. As he points out, most 504 00:27:08,280 --> 00:27:12,440 Speaker 1: politicians use teleprompters when they're standing in front of people. 505 00:27:12,440 --> 00:27:15,200 Speaker 1: But he also was reaching for his words and correcting 506 00:27:15,240 --> 00:27:18,600 Speaker 1: himself in some cases, struggling to kind of complete a thought. 507 00:27:19,200 --> 00:27:22,400 Speaker 1: And so there are questions about his ability to perform 508 00:27:22,680 --> 00:27:26,000 Speaker 1: in a televised debate, which is hard enough as it is, 509 00:27:26,640 --> 00:27:29,800 Speaker 1: and of course those around doctor Oz and he's had 510 00:27:29,840 --> 00:27:32,520 Speaker 1: to be very careful about this, particularly as a doctor. 511 00:27:32,960 --> 00:27:38,000 Speaker 1: While he might criticize Fetterman's eating habits following the whole 512 00:27:38,040 --> 00:27:43,080 Speaker 1: crude detae uh situation, um, he's let other people kind 513 00:27:43,080 --> 00:27:46,320 Speaker 1: of poke holes and in Fetterman and sort of asked 514 00:27:46,320 --> 00:27:49,119 Speaker 1: the question is he fit for office? Let's reassemble the panel. 515 00:27:49,200 --> 00:27:53,080 Speaker 1: Jennie Schanzano is here, of course, Bloomberg Politics contributor Democratic analysts, 516 00:27:53,080 --> 00:27:56,320 Speaker 1: and Lester Munson is with us today principle from b 517 00:27:56,480 --> 00:27:59,000 Speaker 1: g R Group, former staff director in the Senate Foreign 518 00:27:59,000 --> 00:28:01,840 Speaker 1: Relations Committee, and it it's worth knowing out that Lester 519 00:28:02,000 --> 00:28:06,320 Speaker 1: was the chief of staff for Senator Mark Kirk who 520 00:28:06,480 --> 00:28:09,560 Speaker 1: had a stroke when he was in the Senate and 521 00:28:09,640 --> 00:28:13,639 Speaker 1: had to manage a situation that's very similar to the 522 00:28:13,680 --> 00:28:17,200 Speaker 1: one we're in here. Lester is his campaign doing it right? 523 00:28:19,520 --> 00:28:25,119 Speaker 1: You know, I've been impressed by how Mr Fetterman has 524 00:28:25,200 --> 00:28:29,920 Speaker 1: kind of soldiered on, taken on challenges, gone straight at 525 00:28:29,960 --> 00:28:33,520 Speaker 1: this thing. It's clear, you know, he's working hard on 526 00:28:33,560 --> 00:28:36,679 Speaker 1: his recovery and I truly wish him the best. Uh, 527 00:28:36,720 --> 00:28:40,560 Speaker 1: And that makes a full recovery He's not. There are 528 00:28:40,560 --> 00:28:44,880 Speaker 1: clearly some issues that he's still dealing with and working on, 529 00:28:45,120 --> 00:28:47,640 Speaker 1: but he's out there and putting it before the voters. 530 00:28:47,680 --> 00:28:51,360 Speaker 1: And I say good for him. It doesn't mean I 531 00:28:51,400 --> 00:28:53,280 Speaker 1: agree with his platform or that if I were in 532 00:28:53,280 --> 00:28:56,080 Speaker 1: Pennsylvania would necessarily vote for him, but I admire his 533 00:28:56,160 --> 00:29:00,960 Speaker 1: courage and his steadfastness. Well, look, that's awfully nice of 534 00:29:01,000 --> 00:29:02,600 Speaker 1: you to say. I mean, you can take a couple 535 00:29:02,680 --> 00:29:06,440 Speaker 1: of different paths here, obviously, right, Um, you can try 536 00:29:06,440 --> 00:29:08,640 Speaker 1: to act like a tough guy and and act like 537 00:29:08,720 --> 00:29:11,120 Speaker 1: nothing's wrong. And some people accused him of doing that, 538 00:29:11,160 --> 00:29:13,760 Speaker 1: by the way, and not being completely transparent at the beginning. 539 00:29:14,240 --> 00:29:16,400 Speaker 1: Obviously we've learned a lot since then, and he's been 540 00:29:16,400 --> 00:29:18,360 Speaker 1: talking openly about it a lot. It's part of his 541 00:29:18,400 --> 00:29:22,800 Speaker 1: stump speech now. Uh, as we were just discussing with Jacob, 542 00:29:24,240 --> 00:29:26,360 Speaker 1: or you can also open the door a little bit more, 543 00:29:26,840 --> 00:29:29,880 Speaker 1: you know, Bob Casey was was a surrogate on his 544 00:29:29,960 --> 00:29:34,240 Speaker 1: behalf Lester going on TV to say that, look, we have, uh, 545 00:29:34,320 --> 00:29:36,760 Speaker 1: we have legislation in this country to protect people with 546 00:29:36,800 --> 00:29:40,600 Speaker 1: disabilities like this. He's like a lot of Americans who 547 00:29:40,600 --> 00:29:43,720 Speaker 1: are going to work with challenges like this. He's not alone. 548 00:29:43,760 --> 00:29:46,200 Speaker 1: That's why he's asking people to raise their hands, those 549 00:29:46,240 --> 00:29:47,720 Speaker 1: who have had a stroke, who are who are in 550 00:29:47,760 --> 00:29:51,240 Speaker 1: the crowd, who have you know, likely recovered. Um, is 551 00:29:51,280 --> 00:29:56,479 Speaker 1: that the effective path? Uh? It's it's it's a it's 552 00:29:56,600 --> 00:29:59,320 Speaker 1: tempting to go down that path. It's really and it's 553 00:29:59,360 --> 00:30:02,440 Speaker 1: fine to talk about that, but it's not enough. When 554 00:30:02,480 --> 00:30:07,080 Speaker 1: Mark Kirk ran for re election in Illinois, the Chicago 555 00:30:07,120 --> 00:30:09,680 Speaker 1: Tribune came out and endorsed his opponent it was now 556 00:30:09,800 --> 00:30:14,800 Speaker 1: Senator Tammy Duckworth, because they said Mark Kirk couldn't totally 557 00:30:14,840 --> 00:30:18,080 Speaker 1: fulfill his duties as a senator because of the consequences 558 00:30:18,120 --> 00:30:21,240 Speaker 1: of the stroke. Uh So, I think we need to 559 00:30:21,280 --> 00:30:26,000 Speaker 1: be hard eyed about what what being in the Senate means. 560 00:30:26,160 --> 00:30:29,360 Speaker 1: It is a very difficult job. It requires all of 561 00:30:29,360 --> 00:30:31,480 Speaker 1: your faculties. If you really want to represent the people 562 00:30:31,480 --> 00:30:33,880 Speaker 1: of your state, you need to be operating at a percent. 563 00:30:34,400 --> 00:30:37,720 Speaker 1: I think that's I think it's fair to consider whether 564 00:30:38,360 --> 00:30:41,240 Speaker 1: a candidate who does who may not be a dent, 565 00:30:42,040 --> 00:30:43,640 Speaker 1: is going to be able to carry out those duties 566 00:30:43,640 --> 00:30:46,520 Speaker 1: as it's certainly a fair question to be asking about 567 00:30:46,560 --> 00:30:51,720 Speaker 1: these candidates. I think Mr Fetterman has done a good 568 00:30:51,800 --> 00:30:53,920 Speaker 1: job of getting out there and addressing them. There's some 569 00:30:54,080 --> 00:30:56,680 Speaker 1: things where they've kind of implied that if he can't 570 00:30:56,680 --> 00:30:59,960 Speaker 1: fulfill his duties, his wife might be appointed to reply 571 00:31:00,000 --> 00:31:02,160 Speaker 1: as him. We're going to have to address that directly 572 00:31:02,200 --> 00:31:04,760 Speaker 1: if they haven't done so already. Wow, But I think that, 573 00:31:04,960 --> 00:31:06,920 Speaker 1: you know, the people need to consider all of these things. 574 00:31:07,000 --> 00:31:09,120 Speaker 1: It's it's it's a really tough question. It's not much 575 00:31:09,160 --> 00:31:11,240 Speaker 1: just to be a sympathetic figure. You saying, someone who's 576 00:31:11,240 --> 00:31:13,240 Speaker 1: going to be really aggressive in the siding work work 577 00:31:13,320 --> 00:31:15,480 Speaker 1: like crazy for their state. So I guess all of 578 00:31:15,520 --> 00:31:19,840 Speaker 1: that said, Jennie Chanzano, how important then, because I'm guessing 579 00:31:19,880 --> 00:31:23,000 Speaker 1: we cannot underscore enough the importance of his performance in 580 00:31:23,040 --> 00:31:25,880 Speaker 1: a live debate. That's right, and we're going to see 581 00:31:25,960 --> 00:31:28,960 Speaker 1: next week and the voters will get a chance to decide. Um. 582 00:31:29,040 --> 00:31:31,680 Speaker 1: You know, but there's a school of thought, and I 583 00:31:31,720 --> 00:31:35,800 Speaker 1: think I think it's worth considering that this health scare, 584 00:31:35,920 --> 00:31:39,000 Speaker 1: unfortunate as it was, has made him more empathetic to 585 00:31:39,080 --> 00:31:41,720 Speaker 1: many people on the ground. As you talked about. He's 586 00:31:41,720 --> 00:31:44,480 Speaker 1: been using it in his stump speech often the image 587 00:31:44,840 --> 00:31:48,360 Speaker 1: that's right, and um, you know, makes him more relatable. Um, 588 00:31:48,440 --> 00:31:50,560 Speaker 1: he's had to go through what so many of us 589 00:31:50,600 --> 00:31:52,720 Speaker 1: have gone through in the United States, dealing with the 590 00:31:52,760 --> 00:31:56,360 Speaker 1: health care system and serious conditions. Absolutely, I agree with 591 00:31:56,440 --> 00:31:59,080 Speaker 1: lesser health is critically important. Voters have a right to 592 00:31:59,120 --> 00:32:04,080 Speaker 1: consider it. But what shouldn't happen is we shouldn't confuse issues. 593 00:32:04,520 --> 00:32:08,640 Speaker 1: Many people used closed caption, Many people use wheelchairs, We 594 00:32:08,720 --> 00:32:11,320 Speaker 1: use a whole lot of things, and you know, the 595 00:32:11,400 --> 00:32:14,520 Speaker 1: Senate should be equipped to accommodate that if it's not, 596 00:32:14,640 --> 00:32:16,400 Speaker 1: that's got to change. There was a long time there 597 00:32:16,440 --> 00:32:19,200 Speaker 1: was no female restroom near the Senate floor. Quite frankly, 598 00:32:19,480 --> 00:32:22,680 Speaker 1: you know, these are things that the Senate needs to accommodate. 599 00:32:23,040 --> 00:32:25,480 Speaker 1: If his doctor is coming out as he has said, 600 00:32:25,560 --> 00:32:28,479 Speaker 1: there is no work restrictions, he is fully capable and 601 00:32:28,520 --> 00:32:31,920 Speaker 1: he is fully functioning, then you know that is something 602 00:32:31,960 --> 00:32:34,880 Speaker 1: that you know voters will consider certainly, but it does 603 00:32:34,920 --> 00:32:37,920 Speaker 1: speak volumes. So I think Federman, You're right, the debate 604 00:32:38,040 --> 00:32:41,040 Speaker 1: is going to be critically important for voters. But I 605 00:32:41,080 --> 00:32:44,320 Speaker 1: think Fetterman has handled this right. Well, let's back off 606 00:32:44,440 --> 00:32:46,000 Speaker 1: this whole thing and get back to what I was 607 00:32:46,040 --> 00:32:50,240 Speaker 1: discussing earlier with Jacob. Was it helpful for Joe Biden 608 00:32:50,320 --> 00:32:54,960 Speaker 1: to be there today or is he a liability? Lester Well, 609 00:32:55,080 --> 00:32:58,040 Speaker 1: Joe Biden, Uh, you know, still does have a connection 610 00:32:58,640 --> 00:33:02,640 Speaker 1: to the working class. He's he's got Pennsylvania roots. I 611 00:33:02,680 --> 00:33:05,880 Speaker 1: think it can only help Futterman. I don't think it 612 00:33:05,920 --> 00:33:08,360 Speaker 1: helps him a lot. Uh. You know, Joe Biden's numbers 613 00:33:08,360 --> 00:33:12,920 Speaker 1: are not fantastic. There's some prevailing wins going against Democrats 614 00:33:13,000 --> 00:33:16,280 Speaker 1: and the president, and this election we're seeing a little 615 00:33:16,280 --> 00:33:18,800 Speaker 1: bit of a surge towards the Republicans. So I'm not 616 00:33:18,840 --> 00:33:20,360 Speaker 1: sure it's going to be the answer that gets him 617 00:33:20,360 --> 00:33:22,560 Speaker 1: over the finish line, but I'm sure it helps him 618 00:33:22,560 --> 00:33:24,880 Speaker 1: a little bit. That's the one he chose to go to. 619 00:33:25,400 --> 00:33:28,360 Speaker 1: Genie I still is it because of the Spranton thing? 620 00:33:28,360 --> 00:33:31,320 Speaker 1: I mean, John Fennerman didn't want to appear with him 621 00:33:31,360 --> 00:33:37,040 Speaker 1: in some instances earlier this year. Yeah, that's right. That said. 622 00:33:37,160 --> 00:33:41,560 Speaker 1: You know, this election for Biden, I think he has 623 00:33:41,600 --> 00:33:43,720 Speaker 1: played this right. There's been a lot of attacks on 624 00:33:43,760 --> 00:33:47,000 Speaker 1: the fact he's not doing big rallies, he's not echoing 625 00:33:47,040 --> 00:33:49,880 Speaker 1: what Donald Trump and Barack Obama have done. But let's 626 00:33:49,920 --> 00:33:53,800 Speaker 1: be realistic. Two thousand and ten, fourteen eighteen, they didn't 627 00:33:53,840 --> 00:33:56,400 Speaker 1: go so well after those big rallies. And you know, 628 00:33:56,440 --> 00:33:57,880 Speaker 1: I'm going to go out on a limb here and 629 00:33:57,920 --> 00:34:01,200 Speaker 1: say him focusing this week on what he has done 630 00:34:01,680 --> 00:34:06,000 Speaker 1: or promises to do on abortion, gas prices, you know, marijuana, 631 00:34:06,200 --> 00:34:10,360 Speaker 1: student loans tomorrow in Delaware, infrastructure today. Those are things 632 00:34:10,360 --> 00:34:13,400 Speaker 1: that are popular with the base. And so if this 633 00:34:13,520 --> 00:34:15,680 Speaker 1: is going to be a turnout election, you know, the 634 00:34:16,280 --> 00:34:19,040 Speaker 1: headwinds are against Democrats. Certainly this is looking like it's 635 00:34:19,040 --> 00:34:21,640 Speaker 1: going to be a traditional year and the Republicans should 636 00:34:21,640 --> 00:34:24,680 Speaker 1: do well. But I'm not convinced that Biden has made 637 00:34:24,680 --> 00:34:27,360 Speaker 1: a misstep. And Biden is going to do tonight what 638 00:34:27,440 --> 00:34:29,560 Speaker 1: president should be doing. He's going to raise a heck 639 00:34:29,600 --> 00:34:32,040 Speaker 1: of a lot of money for the campaign. This is 640 00:34:32,080 --> 00:34:35,080 Speaker 1: his eighteenth trip to Pennsylvania. Next week will be his nineteen. 641 00:34:35,440 --> 00:34:37,160 Speaker 1: So I think it will you know, is it going 642 00:34:37,200 --> 00:34:39,600 Speaker 1: to change it big? No, it won't. But it's gonna 643 00:34:39,680 --> 00:34:42,120 Speaker 1: help Federman at least around the edges. If it can 644 00:34:42,160 --> 00:34:45,480 Speaker 1: get out some Democrats that's critically important. Well, and you know, 645 00:34:45,480 --> 00:34:47,920 Speaker 1: he's got a good story to tell in Pittsburgh. What 646 00:34:47,960 --> 00:34:50,600 Speaker 1: happened at that bridge is just you know, people forget 647 00:34:50,719 --> 00:34:53,520 Speaker 1: very quickly. People have very short memories. Google that story 648 00:34:53,560 --> 00:34:56,759 Speaker 1: and remind yourself of how horrifying it was when the 649 00:34:56,800 --> 00:35:00,719 Speaker 1: bridge came down. Uh. I want to turn to Georgia 650 00:35:00,800 --> 00:35:03,040 Speaker 1: while I still have some time with both of you, 651 00:35:03,120 --> 00:35:05,319 Speaker 1: because you want to talk about another close win here 652 00:35:05,760 --> 00:35:08,120 Speaker 1: this Georgia's Senate races within three and a half points 653 00:35:08,120 --> 00:35:10,520 Speaker 1: now according to the average on five thirty eight, Raphael 654 00:35:10,560 --> 00:35:17,360 Speaker 1: Warnock herschel Walker forty four point one. After everything that 655 00:35:17,440 --> 00:35:21,400 Speaker 1: has happened. He's handing out badges at rallies. Now he 656 00:35:21,520 --> 00:35:25,240 Speaker 1: has turned this thing around to his benefit and is 657 00:35:25,360 --> 00:35:29,080 Speaker 1: holding up incredibly well, if not closing the race in 658 00:35:29,200 --> 00:35:33,000 Speaker 1: some polls here and he feels empowered. Listen to Herschel 659 00:35:33,040 --> 00:35:36,279 Speaker 1: Walker today going after Raphael Warnock on the stuff. Don't 660 00:35:36,360 --> 00:35:39,120 Speaker 1: let him ride your back no more, Senator, get that 661 00:35:39,200 --> 00:35:41,920 Speaker 1: side off your bike. You're straighten your back up. You're 662 00:35:42,000 --> 00:35:45,200 Speaker 1: letting that president ride your back. You're doing everything they 663 00:35:45,239 --> 00:35:47,120 Speaker 1: tell you to do. Hey, let me tell you I 664 00:35:47,120 --> 00:35:49,920 Speaker 1: don't dancing scene for nobody. I never have. I'm from 665 00:35:50,040 --> 00:35:52,440 Speaker 1: Rights Fire Georgia. The Lord had washed me in the 666 00:35:52,520 --> 00:35:56,480 Speaker 1: blood of Jesus. So right now I know I represent Georgia. 667 00:35:56,840 --> 00:35:59,759 Speaker 1: It's like a new candidate here. I don't dance and 668 00:36:00,040 --> 00:36:04,960 Speaker 1: saying for nobody. Lester, what's he saying about Raphael Warna. Well, 669 00:36:05,000 --> 00:36:08,160 Speaker 1: I think there's there's a lot of imagery and things 670 00:36:08,200 --> 00:36:11,000 Speaker 1: to unpack in that statement. Yeah, I'm not sure I 671 00:36:11,040 --> 00:36:12,440 Speaker 1: want to be I'm not sure I want to be 672 00:36:12,520 --> 00:36:15,480 Speaker 1: the person to do it. But I think what Mr 673 00:36:15,600 --> 00:36:19,120 Speaker 1: Walker is doing is is that that maybe we can 674 00:36:19,160 --> 00:36:22,920 Speaker 1: address directly, which is he's saying I'm for Georgia. My 675 00:36:23,000 --> 00:36:26,839 Speaker 1: opponent is with the president of the National Democrats. I'm 676 00:36:26,840 --> 00:36:29,200 Speaker 1: the guy who's the local guy. That's going to be 677 00:36:29,239 --> 00:36:31,919 Speaker 1: a pretty effective message. How does the Reverend push back 678 00:36:31,960 --> 00:36:34,320 Speaker 1: on that? With so little time left here, Genie, because 679 00:36:34,360 --> 00:36:38,319 Speaker 1: it does feel like there's some momentum for herschel Walker. Well, 680 00:36:38,400 --> 00:36:42,160 Speaker 1: Warnock has released adds. You know, just in the last 681 00:36:42,239 --> 00:36:44,560 Speaker 1: day or so, he is on the air big time, 682 00:36:44,640 --> 00:36:48,239 Speaker 1: hitting Walker on abortion, saying he's a hypocrite for coming 683 00:36:48,280 --> 00:36:53,320 Speaker 1: out against it without any exceptions except for anybody but himself. 684 00:36:53,360 --> 00:36:56,879 Speaker 1: They referenced the sun, they referenced the girlfriend. So this 685 00:36:56,960 --> 00:36:59,080 Speaker 1: is how he's hitting back, and it may be effective. 686 00:36:59,120 --> 00:37:01,719 Speaker 1: He increased his numbers when this story came out. He 687 00:37:01,840 --> 00:37:04,080 Speaker 1: may increase him some more. What a way to make 688 00:37:04,120 --> 00:37:07,040 Speaker 1: a living, Genie. Thank you as always, Jeannie Chanzy, No 689 00:37:07,160 --> 00:37:10,319 Speaker 1: Lester months in our panel today. Thanks to Jacob as 690 00:37:10,360 --> 00:37:13,520 Speaker 1: well for being with us, and of course David Merritt 691 00:37:13,520 --> 00:37:17,000 Speaker 1: with his great analysis on the chaos in the UK. 692 00:37:17,120 --> 00:37:19,080 Speaker 1: I'm Joe Matthew. This is Bloomberg