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Speaker 1: Now from our nation's capital. This is Bloomberg Sound On.

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Speaker 1: You are taking appropriate defense into turn steps with allies

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Speaker 1: of partners. We called for UN Security Council meet we

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Speaker 1: call them the DPRK to refrain from further provocations. The

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Speaker 1: United States and the world seek a stable and peaceful

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Speaker 1: Korean Peninsula. Bloomberg Sound On Politics, Policy and perspective from

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Speaker 1: DC's top name. Now one should be going to jail

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Speaker 1: for drug crime period, particularly marijuana. Supports decriminalizing marianna used

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Speaker 1: it automatically expunging any prior criminal record. Bloomberg Sound On

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Speaker 1: with Joe Matthew on Bloomberg Radio. Kim Jong un will

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Speaker 1: not be ignored. Welcome to the fastest hour in politics.

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Speaker 1: As the threat level rises around the Korean peninsula after

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Speaker 1: the North fire, two suspected short range ballistic missiles in

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Speaker 1: the direction of a US carrier strike group, one of

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Speaker 1: them flying directly over Japan. We'll discuss with Kurt Tong

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Speaker 1: at the Asia Group, former US Ambassador for Asia Pacific

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Speaker 1: Economic Cooperation. Later, President Biden makes good on a promise

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Speaker 1: of marijuana reform, sort of announcing plans to pardon those

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Speaker 1: convictive possession while aiming to reschedule the plant for research.

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Speaker 1: We'll have more on what this means with criminal defense

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Speaker 1: attorney Jeffrey Lickman and with our panel. Bloomberg Politics contributor

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Speaker 1: Jeanie Schanzano was with US Democratic analyst along with Republican

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Speaker 1: strategist Bill McGinley of the Vocal Group. This is what

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Speaker 1: it sounded like in Tokyo. Not in World War Two,

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Speaker 1: but yesterday, that's what we believe to be too. Short

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Speaker 1: range ballistic missiles were shot from North Korea, one of

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Speaker 1: them directly over Japan. The first launch of a rocket

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Speaker 1: over the country in five years. Is shortly after North

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Speaker 1: Korea condemned the Biden administration for redeploying the Ronald Reagan

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Speaker 1: Aircraft carrier group. It's in waters just east of the peninsula.

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Speaker 1: They say that escalated tensions, and of course it follows

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Speaker 1: the visit from Kamala Harris to the d m Z Karreean.

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Speaker 1: Jean Pierre, the White House Press Secretary, speaking to the violation,

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Speaker 1: the launch was a danger to the Japanese people, destabilizing

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Speaker 1: to the region, and a clear, a clear violation of

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Speaker 1: the United Nations Councils Security Council resolutions. We also heard

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Speaker 1: from the Secretary of States Anthony Lincoln. You're taking appropriate

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Speaker 1: defense and detern steps with allies and partners. We've called

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Speaker 1: for UN Security Council meeting UH and we're consulting with

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Speaker 1: our partners on next steps. UM. But I also want

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Speaker 1: to make very clear that our commitment to the defense

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Speaker 1: of our allies and partners free in Japan is is

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Speaker 1: iron clad statement from the North Korean Foreign Ministry. The

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Speaker 1: DPRK is watching the US posing a serious threat to

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Speaker 1: the stability of the situation on the Korean Peninsula and

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Speaker 1: in its vicinity by redeploying the Carrier Task Force in

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Speaker 1: waters off the Korean Peninsula. And we talk about a

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Speaker 1: carrier strike group. That's the aircraft carrier and all of

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Speaker 1: the components that come with this. This is the most

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Speaker 1: deadly mobile platform in the world. And so that's where

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Speaker 1: we begin here. By the way, that language sounding a

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Speaker 1: lot like Beijing, following the visit by Nancy Pelosi in

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Speaker 1: the whole uproar over the straight Taiwan, this is where

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Speaker 1: we begin with Kurt Tong, managing partner at the Asia Group,

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Speaker 1: former U s Consul General in Hong Kong and Macau,

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Speaker 1: former US Ambassador for Asia Pacific Economic Cooperation, just the

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Speaker 1: man we need to speak with now, Ambassador, welcome to Bloomberg.

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Speaker 1: How much of these missile launches by North Korea are

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Speaker 1: a reaction to the Reagan carrier group being deployed in

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Speaker 1: the region versus Kim Jong un feeling ignored by the

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Speaker 1: international community. Well, those are probably both factors in the

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Speaker 1: in the exact timing of the missile launch. But I

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Speaker 1: think that it's important to keep in mind another key

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Speaker 1: objective for North Korea, which is to continue to develop

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Speaker 1: and refine their their technology, both missile technology and nuclear technology.

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Speaker 1: And so in order to do that, they need to

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Speaker 1: test it, and that that that's no excuse for them

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Speaker 1: breaking you and Security Council resolutions and threatening their neighbors.

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Speaker 1: But but it is a fact that under underscores there

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Speaker 1: there the drum beat of their of their launches. Well,

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Speaker 1: does a meeting of the Security Council mean anything anymore?

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Speaker 1: With Russia and China at the table, How does this

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Speaker 1: all add up? Well, one of the difficulties of shaping

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Speaker 1: North Korea's decisions has always been that it is the

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Speaker 1: country is so isolated that additional sanctions have limited effect.

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Speaker 1: And at this point North Korea, north Korea's external economic

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Speaker 1: relationships almost exclusively with China, and China has never proven

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Speaker 1: willing to push North Korea hard enough that it would

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Speaker 1: actually really forced to make some tough decisions about it

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Speaker 1: about its weapons programs. So the leverage, in addition to

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Speaker 1: the fact that the Security Council is probably not the

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Speaker 1: best venue for additional actions because for the reason you

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Speaker 1: cite it um that the existing sanctions are also not

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Speaker 1: really fighting because North Korea, by having a very weak

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Speaker 1: and isolated economy, is immune to them. Vombing missile's ambassador

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Speaker 1: over Japan is something we have not seen in years.

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Speaker 1: How dangerous is that escalation, Well, it's certainly very worrisome

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Speaker 1: to the Japanese people, um, and it demonstrates an ability

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Speaker 1: to reach all of Japan with with missiles. No one's

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Speaker 1: quite sure how kightly targeted these items are or whether

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Speaker 1: they'd be willing to hit any specific targets, but the

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Speaker 1: demonstration of that capability is certainly very concerning too, And

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Speaker 1: it's also concerning the United States the latest missile launches.

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Speaker 1: I understand it theoretically as capability to reach Guam, which

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Speaker 1: is your territory, and that would be a whole other

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Speaker 1: world of something like that happened. Though, who is the

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Speaker 1: missile for Who is the missile over Japan for Tokyo

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Speaker 1: or the U S Who was the audience? So I

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Speaker 1: think both, but probably more of the US. I thought

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Speaker 1: you might say that I think that North Korean used

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Speaker 1: US as a potential um interlocutor. Again, the question is

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Speaker 1: how much of their program is intended just to have

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Speaker 1: the program and they need it and they want it,

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Speaker 1: and how much of its an attended is the negotiating

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Speaker 1: item um the uh. It's it's always hard to tell

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Speaker 1: until you sit down and talk to the North Koreans,

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Speaker 1: but certainly they view the United States as by far

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Speaker 1: the most important interlocutor for negotiations, and no one's about

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Speaker 1: to sit down with them from the United States. Is

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Speaker 1: that it doesn't appear so no, because the US has

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Speaker 1: has seen this movie several times now and uh, and

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Speaker 1: it's become quite a franchise. Well that's right, and and

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Speaker 1: and and also the United States has a significant deterrent

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Speaker 1: against North Korea actually using the weapons that it's developing. UM,

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Speaker 1: so it ends up becoming a stable but dangerous situation.

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Speaker 1: Stable and dangerous at the same time. Dangerous because of

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Speaker 1: the miscalculation by North Korea or accidental launch or a

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Speaker 1: failed launch could could end up escalating into a crisis.

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Speaker 1: The timing here is awful considering new tensions over Taiwan,

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Speaker 1: tensions with China, the Taiwan straight a broken relationship if

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Speaker 1: I can call it that, describe it that way, between

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Speaker 1: the US and Beijing, a Russia at war Ambassador, What

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Speaker 1: is all this leading to, Well, it's it's it's quite worrisome.

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Speaker 1: I think North Korea, again to your time and question,

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Speaker 1: is seeing that given the current state of US China relations,

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Speaker 1: they're less concerned about the US convincing China to put

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Speaker 1: a lot of pressure on North Korea. But more broadly,

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Speaker 1: to your point, I think that the confluence of increased

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Speaker 1: tensions around Taiwan and the war in Ukraine is really

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Speaker 1: and certainly I feel this in the consulting business is

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Speaker 1: making people very uncertain about the near term future UM

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Speaker 1: and the security space and UM it's it's going to

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Speaker 1: put real pressure on the Biden administration to do deaf diplomacy.

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Speaker 1: What are your clients most worried about. I think they're

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Speaker 1: concerned about that the situation around Taiwan could escalate out

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Speaker 1: of control, and then you know, we really reassure them

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Speaker 1: that there are lots of circuit breakers that can prevent

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Speaker 1: things from escalating and becoming uh incredibly dangerous or disruptive. It.

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Speaker 1: But you know, people thinking um tens of billions of

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Speaker 1: dollars in various businesses are always, of course concerned about

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Speaker 1: the risk. Well, we thought there might be some circuit

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Speaker 1: breakers in Ukraine as well, didn't we. That's right, and

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Speaker 1: those circuit breakers didn't seem to work, mainly because of

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Speaker 1: the character of the Russian leadership. UM. And this is

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Speaker 1: a fundamental question for the United States as they consider UM.

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Speaker 1: The issue with respect to Taiwan is at the end

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Speaker 1: of the day, UM she paying a rational actor. UH.

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Speaker 1: The disincentives or the or the cost to China of

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Speaker 1: drastic action on Taiwan military action from any objective standpoint

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Speaker 1: would far outweighed the benefit UM. But but there is

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Speaker 1: an emotional and um historical element to this issue that

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Speaker 1: is quite powerful as well, and so handling that skillfully

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Speaker 1: is really a and challenge for the United States and

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Speaker 1: for China. Are you curious about Kim Jong UN's silence

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Speaker 1: over the past couple of weeks. He's been out of

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Speaker 1: the public eye more than three weeks now, his longest

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Speaker 1: absence in a year. They made a big deal out

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Speaker 1: of it last time he disappeared for a while, and

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Speaker 1: it's uncharacteristic as as we're writing on the terminal. Typically

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Speaker 1: this comes with a lot of chest thumping when you

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Speaker 1: have missile tests like this, but there's almost no one talking. Yeah,

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Speaker 1: I I never know what to make of that kind

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Speaker 1: of absence questions. It could be as just taking a

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Speaker 1: vacation somewhere, but the um who knows. It's really hard

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Speaker 1: to guess. Lastly, Ambassador, if the United States got into

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Speaker 1: something deeper here regretfully, uh, and of course nothing that

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Speaker 1: the Pentagon is planning now. But if something did spiral

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Speaker 1: out of control around Taiwan or North Korea, would we

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Speaker 1: be able to balance from a weapon standpoint, wars on

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Speaker 1: on two sides of the world, supporting Ukraine and becoming

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Speaker 1: involved into conflict in Asia. I think it would strain

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Speaker 1: our resources. I'm not a deep expert on this, but

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Speaker 1: my understanding is that it would. It would be a strain.

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Speaker 1: But the military planners, how for many years I thought

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Speaker 1: about ways to have a robust presence in both Europe

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Speaker 1: and the Pacific. And and so I wouldn't despair, but

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Speaker 1: it is a it's you know, it's a it's an

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Speaker 1: issue of concern, something we don't really want to think about.

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Speaker 1: Kirt Tong, I want to thank you for being with us.

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Speaker 1: He's managing partner at the Asia Group. Former U s

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Speaker 1: Consul General in Hong Kong and Macau, former US Ambassador

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Speaker 1: for Asia Pacific Economic Cooperation Ambassador. Thanks for being with

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Speaker 1: us today on Bloomberg. Thank you. So the pressure is

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Speaker 1: rising and coming up. We assemble the panel for their

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Speaker 1: take on this. Bloomberg Politics contributor Democratic analyst Jennie Schanzano

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Speaker 1: along with Republican strategist Bill McGinley from the Vocal Group.

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Speaker 1: This is Bloomberg. You're loosening to Bloomberg. You sound on

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Speaker 1: with Joe Matthew on Bloomberg Radio. Following the missile launches

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Speaker 1: from North Korea, the US got together with Japan and

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Speaker 1: South Korea and conducted joint naval drills earlier today as

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Speaker 1: the Aircraft Carrier Group US S. Ronald Reagan was redeployed.

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Speaker 1: This is fascinating I've never heard of this. It pulled

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Speaker 1: a rare you turn the aircraft carrier group redeployed in

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Speaker 1: waters between South Korea and Japan, making that you turn

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Speaker 1: after Kim fired the missile that went over Japan. Isn't

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Speaker 1: there a saying about turning around an aircraft carrier, Well,

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Speaker 1: they actually did it one ping only please, and it's

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Speaker 1: making people worry about what might come as we conduct

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Speaker 1: joint naval drills. This feels a lot like the whole

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Speaker 1: story around Taiwan. But I can assure you Nancy Pelosi

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Speaker 1: is not about to go to North Rha, although Kamala

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Speaker 1: Harris was recently in South Korea and that may have

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Speaker 1: prompted some of this as well. Let's assembled our panel.

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Speaker 1: Bloomberg Politics contributors. Jeannie Chanzano are Democratic analyst. Along with

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Speaker 1: Bill McGinley, Republican strategist principle at the Vogel Group, form

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Speaker 1: a National Republican Senatorial Campaign Committee General Council. It's great

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Speaker 1: to have both of you here. Yeah, Matt, you're probably right.

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Speaker 1: Are you turn? That cost a trillion dollars? Genie? How

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Speaker 1: worried are you about this? Or is it just Kim

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Speaker 1: Jong oun? Make a noise. I think it's very concerning,

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Speaker 1: and I think the reaction of the United States um

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Speaker 1: as you mentioned, the U turn itself is but one signal.

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Speaker 1: Also Japan and South Korea, everyone seems to be on edge.

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Speaker 1: We've seen them come back with a show of force.

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Speaker 1: And of course, when the United States and several other

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Speaker 1: members of the U N. Security Council asked for that

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Speaker 1: emergency meeting on Wednesday, they couldn't get any agreement, and

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Speaker 1: you had Russian China they're saying that it was the

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Speaker 1: US led military exercises that had provoked North Korea. So

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Speaker 1: you know, this is where we are and why it

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Speaker 1: is so concerning at this moment when you know you've

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Speaker 1: got Russian gold and what is it's involved in, and

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Speaker 1: you've got this going on in the East. So forget

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Speaker 1: the Security Council, Bill McGinley, apparently there's really just no

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Speaker 1: reason to have it at this point with the with

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Speaker 1: the war raging in Ukraine and Russia sitting at the table.

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Speaker 1: Obviously China would always love an opportunity to embarrass us

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Speaker 1: a little bit. So this means what the US and

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Speaker 1: regional partners like Japan have to figure this out alone. Yeah,

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Speaker 1: I think that's exactly right. I mean, the UN at

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Speaker 1: this point is nothing but a debating society UH and

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Speaker 1: a messaging forum to try and get our side of

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Speaker 1: the story out. But in terms of real impact on

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Speaker 1: these situations, I think UH it's standing is greatly diminished,

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Speaker 1: if not UH anywhere that that where it should be

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Speaker 1: to deal with these types of issues. I mean, I

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Speaker 1: think what this shows with North Korea becoming increasingly aggressive,

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Speaker 1: obviously we've been we've been watching China being increasingly aggressive

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Speaker 1: against Taiwan, and as Cheni said, you know, with all

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Speaker 1: of the statements from Vladimir in the Russians annexing part

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Speaker 1: of Ukraine and then threatening nuclear war if they're attacked. UM,

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Speaker 1: we're seeing tensions escalating across the globe, not decreasing right now.

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Speaker 1: And one of the places we're not talking about that

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Speaker 1: also is boiling is the Middle East with some of

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Speaker 1: the issues that are there. So the world's becoming far

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Speaker 1: more complicated and UH intentions are rising, and so this

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Speaker 1: is going to be a real challenge for the Biden

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Speaker 1: administration UH to corral our allies so that we can

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Speaker 1: do an effective diplomatic response so we don't end up

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Speaker 1: in a kinetic war anymore, God forbid. But these stories

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Speaker 1: get a lot more complex when you start stacking them

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Speaker 1: on top of one another. But Kim jong un has

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Speaker 1: fired off a record number of ballistic missiles this year.

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Speaker 1: I'm not sure a lot of people are aware of

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Speaker 1: that genie. We used to they used to make a

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Speaker 1: lot more news, frankly, and it got to be the

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Speaker 1: boy who cried wolf. But you know, this most recent

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Speaker 1: barrage has so far total ten missiles. That's since September,

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Speaker 1: and of course also coincided with the visit to the region.

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Speaker 1: As I mentioned by Vice President Kamala Harris Uh, At

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Speaker 1: what point does the US stop ignoring? I mean, military

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Speaker 1: drills are one thing, but Kim jong un clearly feels

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Speaker 1: like he can get away with anything he does. And

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Speaker 1: the sound you played at the top of the you

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Speaker 1: know you hear is such an eerie sound. And that

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Speaker 1: was one of the intermediate range missile missiles that they

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Speaker 1: flew over Japan, which is a stunning development. And what

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Speaker 1: we're hearing is forty ballistic and cruise missile launches this

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Speaker 1: year alone, which is a stunning number. And so the

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Speaker 1: United States is trying to respond by working closely with

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Speaker 1: its allies. We heard Anthony B. Lincoln and Chile come out. Um.

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Speaker 1: You know, I think your previous guest made a very

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Speaker 1: important point about the fact that North Korea, because it

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Speaker 1: wants to develop this technology, has to test it. Um.

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Speaker 1: But it is doing so, and it is flaunting what

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Speaker 1: is you know, agreed upon international etiquettelet alone law, and

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Speaker 1: so you know, the United States is going to have

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Speaker 1: to react, but it's going to have to do so

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Speaker 1: in a rapidly changing world in which tensions are escalating

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Speaker 1: all around. I mean, just look at where Joe Biden

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Speaker 1: was today and pot Keepsie, New York, trying to pull

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Speaker 1: semiconductor manufacturing back to the US because it's over in

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Speaker 1: Taiwan to a large extent, and if we go to

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Speaker 1: war over there or something happens, our lives will be

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Speaker 1: in you know, changed forever. With twelve pc production of

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Speaker 1: semiconductors here, it's quite a thought. Uh, you know, you

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Speaker 1: start thinking about North Korea here, Bill McGinley, and Iran

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Speaker 1: is watching very closely what's going on here. How important

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Speaker 1: is our response when you consider the standoff over nuclear

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Speaker 1: weapons with Tehran? I think it's incredibly important. We want

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Speaker 1: to we want less nuclear weapons in the hands of

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Speaker 1: these types of dictators um and despots instead of increasing them,

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Speaker 1: because it has such a destabilizing impact on the geo

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Speaker 1: political world. If though this emboldens Iran, right, I mean,

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Speaker 1: there's no way absolutely, And you know, I don't think

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Speaker 1: we can view any of these in isolation. They're not

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Speaker 1: mutually exclusive. You know, there have been meetings where you

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Speaker 1: had the Russians, the Chinese, uh and and the Iranians

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Speaker 1: and others getting together, and I think you know, what

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Speaker 1: we're really beginning to see is them kind of testing

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Speaker 1: the resolve the West and NATO, UH and some of

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Speaker 1: our traditional alliances to see whether we still have the

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Speaker 1: resolve to try and stand up to this type of aggression.

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Speaker 1: And I think it's going to be incredibly important. What

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Speaker 1: a lot of people need to remember, you know, military

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Speaker 1: maneuvers like this is really in support of diplomatic efforts.

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Speaker 1: That's what you like to think. Bill. Thank you, Bill

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Speaker 1: McGinley and Jennie Schanzano. We'll be back. As we turned

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Speaker 1: to cannabis next, this is bloomber I Governor, Oh help me.

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Speaker 1: There is a rare appearance by Willie Nelson on the broadcast. Yeah,

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Speaker 1: he was playing this is from last weekend in South Austin, Texas.

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Speaker 1: Roll me up and smoked me when I die on

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Speaker 1: behalf of betto or Rooric, who he was actually rallying for.

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Speaker 1: And man, I'll tell you what with the crowd's favorite

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Speaker 1: part of the whole rally. And that brings us to

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Speaker 1: the matter at hand, something that progressive Democrats have been

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Speaker 1: asking for and in fact demanding since electing Joe Biden

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Speaker 1: because he promised cannabis reform and today I didn't go

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Speaker 1: all the way with decriminalization or some of the other

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Speaker 1: things that have been discussed, but he did announce this.

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Speaker 1: As I said when I ran for president, no one

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Speaker 1: should be in jail just for using a possession marijuana.

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Speaker 1: It's already legal in many stays, and criminal records from

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Speaker 1: marijuana possession have led the needless barriers to employment, housing,

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Speaker 1: educational opportunities. And that's before you address the racial disparities

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Speaker 1: around who suffers the consequences, and white and black and

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Speaker 1: brown people use marijuana in similar rates, black and brown

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Speaker 1: people are arrested, prosecuted, and convicted at disproportionately higher rates,

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Speaker 1: highlighting the equity component of this story and pardoning thousands.

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Speaker 1: This is the announcement. It's a two pronged announcement, a

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Speaker 1: blanket pardon for all prior federal offenses for simple possession

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Speaker 1: as they call it, of marijuana, also urging governors to

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Speaker 1: do the same for state offenses involving marijuana and likely

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Speaker 1: affecting potentially many more people that way, but also calling

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Speaker 1: to reschedule the drug so that it can be researched

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Speaker 1: and potentially help for medicinal purposes or any number of issues.

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Speaker 1: But there are a lot of complexities that come with this.

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Speaker 1: Criminal defense attorney Jeffrey Lickman joins us to talk about it.

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Speaker 1: He runs a marijuana crimes practice at his firm, having

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Speaker 1: gotten John Gotti acquitted and even wrapping Al Chapo in

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Speaker 1: federal court. Jeffrey, thank you for being with us. We're

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Speaker 1: talking about incremental steps here, right. This is just about

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Speaker 1: the least that the president could have done, starting on

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Speaker 1: the federal level. How much larger would it be for

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Speaker 1: governors at the state level to follow? Well, I mean, look,

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Speaker 1: it can be decriminalized, obviously. It can also be done

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Speaker 1: federally where it's removed from a schedule. One doesn't that

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Speaker 1: be a Schedule one drug. It's hardly the same seriousness

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Speaker 1: as LSD as it has been since it was made

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Speaker 1: a Schedule one drug and linkeden I think seventies two. Um,

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Speaker 1: so there's many things that can be done. I think

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Speaker 1: people are really getting ahead of themselves here. Um they're

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Speaker 1: not appreciating is that Biden is not pardoning people anybody

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Speaker 1: who's got a federal marijuana conviction. He's only pardoning people

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Speaker 1: that have a simple possession. So explain the difference for us, Jeffrey, Well,

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Speaker 1: the difference is that in thirty one years of practice,

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Speaker 1: I don't think I've ever had case with somebody who's

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Speaker 1: just charged with simple possession. Simple possession, it's just somebody

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Speaker 1: who possesses drugs. They're very rarely m prosecuted federally. It's

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Speaker 1: such a minor charge that's usually done in the state.

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Speaker 1: So wouldn't that would that normally involve crossing state lines

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Speaker 1: or something, Jeffrey, how do you actually get arrested on

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Speaker 1: the federal level for marijuana. It could look it could

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Speaker 1: be crossing state lines, it could be that it was

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Speaker 1: done in a federal facility. But the percentage of people

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Speaker 1: that are convicted of just simple possession compared to related

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Speaker 1: drug offenses, which include the possession with intend to distribute

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Speaker 1: rico um A million different things. Maybe I don't know

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Speaker 1: one percent. So instead of all these years that marijuana

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Speaker 1: in the legal federally, you think that we'd have how

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Speaker 1: many people would have been convicted a million? We're talking

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Speaker 1: a few thousand people. So that's the number I was

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Speaker 1: looking for here, this that, and you're getting I think

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Speaker 1: to the point that that that I was reaching for here,

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Speaker 1: this is gonna get a very complicated rollout, and it

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Speaker 1: could be a very disappointing one for uh, for a

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Speaker 1: lot of folks when when they realize number one, how

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Speaker 1: few people this impacts, and the the even greater patchwork

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Speaker 1: will be left with when some governors follow the president

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Speaker 1: and some do not. Jeffrey, Well, look, you know, that's

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Speaker 1: that's the way this country is. Sometimes states have rights

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Speaker 1: and they make decisions, and you decide to live in

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Speaker 1: whichever state you want based on the laws of that state.

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Speaker 1: But I think that people anticipate that the jails are

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Speaker 1: going to be opened and people are going to be

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Speaker 1: let out, They're just not going to be you know,

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Speaker 1: there was one comment that you made. I was listening

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Speaker 1: before I came on where you said, I think that

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Speaker 1: a congressman was concerned that perhaps did a lot of

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Speaker 1: these people that have convictions for simple possession, that they

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Speaker 1: were charged with something more serious perhaps and they just

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Speaker 1: plea b orgain it down. It's not true because if

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Speaker 1: you're charged in a in a federal narcotics or drug

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Speaker 1: conspiracy or or drug case, and there's a charge included

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Speaker 1: a gun charge, there's no way they're letting you plead

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Speaker 1: it down to something where you're facing no jail time.

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Speaker 1: It just doesn't happen. You either go to trial or

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Speaker 1: they have to dismiss the case because the case fell apart.

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Speaker 1: Where they give you a plan, you spend years in prison.

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Speaker 1: So the great majority of people that have marijuana convictions

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Speaker 1: have much more serious convictions related to it. There's guns,

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Speaker 1: there's this. None of those people are affected. Hence the

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Speaker 1: complexity we're talking about here. Jeffrey mentioned the scheduling of

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Speaker 1: the drug This is the other component of this. As

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Speaker 1: I mentioned, it's not only the pardoning, but the President

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Speaker 1: is calling on the Secretary of Health and the Attorney General,

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Speaker 1: and I can only assume they will follow to review

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Speaker 1: marijuana's classification as what they call a Schedule one drug.

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Speaker 1: That means the federal government sees it as having no

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Speaker 1: currently accepted medical use and a high potential for abuse.

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Speaker 1: As Jeffrey mentioned, that puts it in the same category

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Speaker 1: as heroin and LSD, which to most, I mean, say

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Speaker 1: what you will about cannabis, that does seem a bit

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Speaker 1: extreme at this point, Jeffrey, how significant is that component

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Speaker 1: compared to the pardoning. Well, that will change the penalties.

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Speaker 1: But at the end of the day, I mean, look

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Speaker 1: in nineteen I'm looking at my notes because I argued

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Speaker 1: a federal appeal on this very issue this year in

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Speaker 1: seventy three. The Second Circuit Court of Appeals said they

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Speaker 1: basically laughed at the fact that marijuana was considered a

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Speaker 1: Schedule one. That was in seventy three, when when people

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Speaker 1: didn't know that marijuana had the medicinal uses that it

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Speaker 1: has today, that it wasn't quite people aren't quite as knowledgeable.

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Speaker 1: So this has been going on forever. What has to

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Speaker 1: happen is it has to be the criminalized period and

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Speaker 1: then there won't be the related, uh criminal offenses that

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Speaker 1: occur in connection with marijuana. You know, the gun charges

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Speaker 1: where their gangs trying to protect their drugs. All that

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Speaker 1: will end if marijuana is legal. And frankly, we've got

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Speaker 1: enough bad drugs in this country that's coming in. Marijuana

431
00:25:46,720 --> 00:25:49,320
Speaker 1: should not be your focus. It's taking away resources and

432
00:25:49,359 --> 00:25:51,960
Speaker 1: it's punishing people that really don't need to be punished.

433
00:25:52,440 --> 00:25:55,880
Speaker 1: It's really incredible. Uh, there's so much to discuss here

434
00:25:56,080 --> 00:25:59,320
Speaker 1: and anticipate from the President. And again, I don't know

435
00:25:59,359 --> 00:26:02,080
Speaker 1: what kind of moment item that this might take on

436
00:26:02,119 --> 00:26:05,440
Speaker 1: the state level here, But when you talk about decriminalization, Jeffrey,

437
00:26:05,480 --> 00:26:07,919
Speaker 1: that's got to be done legislatively, right, that's Congress not

438
00:26:08,080 --> 00:26:11,920
Speaker 1: doing its job to keep up with the with the states. Yeah,

439
00:26:12,000 --> 00:26:14,080
Speaker 1: I mean, look, it's gonna have to be done progressionally.

440
00:26:14,119 --> 00:26:17,040
Speaker 1: I really do believe that the time is right for it. Um.

441
00:26:17,960 --> 00:26:20,000
Speaker 1: And you know, there's some discussion. I know that Biden

442
00:26:20,160 --> 00:26:22,840
Speaker 1: said that, you know, this is the type of offense

443
00:26:22,920 --> 00:26:27,080
Speaker 1: that is racially unfair. No. Look, you know Biden was

444
00:26:27,119 --> 00:26:30,560
Speaker 1: in the Senate when when crack became a sing and

445
00:26:30,640 --> 00:26:35,000
Speaker 1: when there was massive penalties for crack compared to powder cocaine.

446
00:26:35,200 --> 00:26:37,840
Speaker 1: You didn't see him talking about the racial disparity. Then

447
00:26:37,880 --> 00:26:39,440
Speaker 1: the people that were going to jail for the rest

448
00:26:39,480 --> 00:26:42,760
Speaker 1: of their lives were mostly black people. Nobody seemed to

449
00:26:42,760 --> 00:26:45,520
Speaker 1: care back then. Now we just have to be criminalize

450
00:26:45,520 --> 00:26:48,400
Speaker 1: it and focus on the drugs that are killing Americans.

451
00:26:48,400 --> 00:26:50,199
Speaker 1: I don't know that there's been a massive amount of

452
00:26:50,240 --> 00:26:53,600
Speaker 1: people killed by smoking marijuana, but we know that there

453
00:26:53,600 --> 00:26:56,000
Speaker 1: are fentinal we know that there is cocaine, you know

454
00:26:56,040 --> 00:26:58,320
Speaker 1: that there is heroin. Marijuana is the least of our

455
00:26:58,359 --> 00:27:00,879
Speaker 1: problems when need to direct our resource, sultzwhere well, I'm

456
00:27:00,880 --> 00:27:03,280
Speaker 1: awfully glad we got you on the line, Jeffrey. Can

457
00:27:03,320 --> 00:27:05,400
Speaker 1: you give us a sense before you leave how much

458
00:27:05,400 --> 00:27:09,480
Speaker 1: of your caseload involves uh, marijuana crimes. How much of

459
00:27:09,520 --> 00:27:12,320
Speaker 1: your time is spent on this? I would say probably.

460
00:27:13,520 --> 00:27:15,920
Speaker 1: I mean I do mostly federal work. I do a

461
00:27:15,960 --> 00:27:18,200
Speaker 1: lot of white collar stuff, and in terms of the drugs,

462
00:27:18,560 --> 00:27:21,880
Speaker 1: the heavy cases are the cocaine cases. And judges, when

463
00:27:21,880 --> 00:27:23,480
Speaker 1: you appear in front of a federal judge on the

464
00:27:23,560 --> 00:27:27,520
Speaker 1: marijuana case, unless there's violence involved, they're squeamish to give

465
00:27:27,560 --> 00:27:30,840
Speaker 1: any kind of serious time because everybody recognizes that this

466
00:27:30,920 --> 00:27:33,960
Speaker 1: should have been rectified, this a long time ago, and

467
00:27:34,000 --> 00:27:36,320
Speaker 1: for some reason, you know, we just keep on ignoring it.

468
00:27:36,480 --> 00:27:39,920
Speaker 1: You represented John Gotti. You have a sense of how

469
00:27:40,040 --> 00:27:44,119
Speaker 1: organized crime works. How much of a business is marijuana

470
00:27:44,160 --> 00:27:47,080
Speaker 1: trafficking for organized crime, whether it's John Gotti or another

471
00:27:47,720 --> 00:27:50,880
Speaker 1: former client of yours, El Chapo. Well, I would say

472
00:27:50,880 --> 00:27:54,840
Speaker 1: that marijuana is not as um. You're not making the

473
00:27:54,880 --> 00:27:57,840
Speaker 1: same amount of money in terms of marijuana as you

474
00:27:57,840 --> 00:28:00,760
Speaker 1: would cocaine or heroin, So it's not really that big

475
00:28:00,760 --> 00:28:03,600
Speaker 1: of a deal in terms of gangs. I represented Jamaican

476
00:28:03,680 --> 00:28:06,600
Speaker 1: gangs as well, where marijuana was a big deal. Remember,

477
00:28:06,640 --> 00:28:09,000
Speaker 1: you've got to have a lot of packages of marijuana

478
00:28:09,240 --> 00:28:11,400
Speaker 1: to make the same amount of money that you would

479
00:28:11,480 --> 00:28:15,200
Speaker 1: for maybe a softball size amount of cocaine or crack.

480
00:28:15,480 --> 00:28:17,840
Speaker 1: So people aren't really doing it the same way. The

481
00:28:17,880 --> 00:28:19,920
Speaker 1: time is so passed for this, I can't believe that

482
00:28:19,960 --> 00:28:22,480
Speaker 1: we're still talking about this in two thousand and twenty

483
00:28:22,560 --> 00:28:25,600
Speaker 1: three year. You know, eventually it'll end. Maybe this will

484
00:28:25,600 --> 00:28:27,760
Speaker 1: become a campaign issue in twenty four. We'll see what

485
00:28:27,800 --> 00:28:29,600
Speaker 1: happens with that. But my gosh, he's a man who

486
00:28:29,600 --> 00:28:32,200
Speaker 1: has forgotten more than most of us have ever seen

487
00:28:32,359 --> 00:28:35,240
Speaker 1: when it comes to this stuff. Jeffrey Liickman, many thanks

488
00:28:35,280 --> 00:28:37,640
Speaker 1: to you, for bringing your expertise to the conversation. We'll

489
00:28:37,680 --> 00:28:39,720
Speaker 1: get back to the panel next as you would expect

490
00:28:40,040 --> 00:28:42,120
Speaker 1: on Bloomberg Sound On. Thanks for being with us on

491
00:28:42,160 --> 00:28:45,320
Speaker 1: Bloomberg sound On, the fastest hour in politics, with the

492
00:28:45,320 --> 00:28:47,960
Speaker 1: best panel in the business. And today we have Genie Chanzano,

493
00:28:48,000 --> 00:28:52,680
Speaker 1: Bloomberg Politics contributor, Democratic Analysts, joined by Bill McGinley, Republican

494
00:28:52,760 --> 00:28:55,200
Speaker 1: strategist principle at the Vogel Group. What do you think

495
00:28:55,200 --> 00:28:57,040
Speaker 1: about what you just heard, Gennie. We wanted to drill

496
00:28:57,120 --> 00:29:00,400
Speaker 1: down with an actual expert here, a lawyer in the business,

497
00:29:00,440 --> 00:29:02,920
Speaker 1: and boy Jeffrey certainly knew what he was talking about.

498
00:29:03,440 --> 00:29:07,920
Speaker 1: This is one percent maybe of the marijuana convictions that

499
00:29:07,960 --> 00:29:10,640
Speaker 1: are being pardoned here by President Biden, and it could

500
00:29:10,680 --> 00:29:12,640
Speaker 1: be even less than that when you start factoring in

501
00:29:13,120 --> 00:29:16,960
Speaker 1: other crimes, when people start understanding what's really going on here.

502
00:29:17,200 --> 00:29:20,200
Speaker 1: Will he be blamed for not doing enough? He could be.

503
00:29:20,200 --> 00:29:22,920
Speaker 1: And I think he made a really important point about

504
00:29:22,960 --> 00:29:25,960
Speaker 1: how limited this step is. But I think by and

505
00:29:25,960 --> 00:29:28,760
Speaker 1: and he's absolutely right, of course. And and you know,

506
00:29:28,800 --> 00:29:31,400
Speaker 1: the number we heard again was like maybe a couple

507
00:29:31,400 --> 00:29:33,440
Speaker 1: of thousand more. That's not that many. And as he

508
00:29:33,560 --> 00:29:37,480
Speaker 1: mentioned these are simple possession people convicted with simple possessions,

509
00:29:37,480 --> 00:29:41,280
Speaker 1: certainly not other higher crimes. But that said, I also

510
00:29:41,320 --> 00:29:43,600
Speaker 1: think it's important to underscore that this is quite a

511
00:29:43,640 --> 00:29:47,320
Speaker 1: turnaround for Joe Biden. Yes, he did on the campaign

512
00:29:47,360 --> 00:29:50,040
Speaker 1: trail promised to take this step, but he was the

513
00:29:50,080 --> 00:29:54,880
Speaker 1: only candidate in who did not publicly support federal de scheduling.

514
00:29:55,280 --> 00:29:58,480
Speaker 1: And as your guests just mentioned, he also was responsible

515
00:29:58,520 --> 00:30:00,680
Speaker 1: as a senator for some of the to this prime

516
00:30:00,800 --> 00:30:04,120
Speaker 1: laws drug laws in the country, and so there is

517
00:30:04,160 --> 00:30:06,800
Speaker 1: some kind of people of ring with hypocrisy as he

518
00:30:06,840 --> 00:30:09,600
Speaker 1: talks today about the impact on black and brown people

519
00:30:10,040 --> 00:30:13,640
Speaker 1: in terms of disproportional rates of incarceration and conviction and arrest,

520
00:30:14,040 --> 00:30:16,000
Speaker 1: because of course he led the charge in the other

521
00:30:16,080 --> 00:30:19,040
Speaker 1: direction as a senator. So you know, I do think

522
00:30:19,040 --> 00:30:22,200
Speaker 1: it's remarkable from the perspective of who Joe Biden has

523
00:30:22,240 --> 00:30:25,040
Speaker 1: been and who he is today that he took this step,

524
00:30:25,320 --> 00:30:27,760
Speaker 1: and it reintroduces this issue at a time when it's

525
00:30:27,800 --> 00:30:30,640
Speaker 1: desperately needed to catch up with where the states are headed.

526
00:30:31,200 --> 00:30:33,240
Speaker 1: If it were not for the mid terms being less

527
00:30:33,240 --> 00:30:35,960
Speaker 1: than five weeks away, Bill McGinley, would this be announced

528
00:30:36,120 --> 00:30:38,960
Speaker 1: right now. I think so I think they would have

529
00:30:38,960 --> 00:30:41,480
Speaker 1: waited until after the election and probably tried to work

530
00:30:41,520 --> 00:30:45,480
Speaker 1: with the congressional committees, uh, the judiciary committees on both

531
00:30:45,520 --> 00:30:48,000
Speaker 1: the House and Senate, to try and do something. Develop

532
00:30:48,080 --> 00:30:50,360
Speaker 1: a little bit more data before you do something like this.

533
00:30:50,480 --> 00:30:53,040
Speaker 1: I think, uh, your prior guests made a good point

534
00:30:53,080 --> 00:30:56,480
Speaker 1: about how limited in scope, but the President actually did

535
00:30:56,560 --> 00:30:59,720
Speaker 1: but I think also reinforcing the point this is something

536
00:30:59,760 --> 00:31:02,440
Speaker 1: for aggress to tackle. We need to do some legislation

537
00:31:02,520 --> 00:31:06,320
Speaker 1: on this. UM. Presidential executive orders and even clemency is

538
00:31:06,320 --> 00:31:08,280
Speaker 1: not going to get this done and not resolve the issue.

539
00:31:08,320 --> 00:31:10,800
Speaker 1: It's time for cogress back. We'll tell you the reaction

540
00:31:10,840 --> 00:31:15,200
Speaker 1: on Wall Street was significant today. The marijuana eat t

541
00:31:15,440 --> 00:31:19,920
Speaker 1: F m J up twenty three per cent. That's the

542
00:31:19,960 --> 00:31:24,120
Speaker 1: alternative harvest ETF cure leef I just mentioned. Because it

543
00:31:24,240 --> 00:31:28,400
Speaker 1: is the largest retailer, largest operator of dispensaries around the

544
00:31:28,440 --> 00:31:33,200
Speaker 1: country up thirty five, Wall Street sometimes knows more than

545
00:31:33,240 --> 00:31:36,600
Speaker 1: Washington does, JUNI they do, and you know, this is

546
00:31:36,680 --> 00:31:39,080
Speaker 1: one side of this story that I think people involved

547
00:31:39,080 --> 00:31:41,640
Speaker 1: in this have not have felt that hasn't been told

548
00:31:41,760 --> 00:31:44,840
Speaker 1: enough UM, which is the economic benefits of you know,

549
00:31:45,160 --> 00:31:47,840
Speaker 1: we're not talking about legalization, certainly at this point at

550
00:31:47,880 --> 00:31:51,840
Speaker 1: the federal level, but of taking steps towards legalizations the states.

551
00:31:51,880 --> 00:31:55,000
Speaker 1: Some of these localities they have recognized that. And people

552
00:31:55,080 --> 00:31:59,720
Speaker 1: in favor of you know, decriminalization, legalization, they've long been

553
00:31:59,800 --> 00:32:03,480
Speaker 1: sing that there are benefits here that have gone unrecognized,

554
00:32:03,480 --> 00:32:07,480
Speaker 1: and certainly Wall Street is not surprisingly recognizing that before Washington,

555
00:32:07,560 --> 00:32:10,240
Speaker 1: d C. And to Bill's point, which is so important,

556
00:32:10,560 --> 00:32:13,000
Speaker 1: as with so many other things in the United States,

557
00:32:13,040 --> 00:32:17,360
Speaker 1: it's not enough to be making policy by executive order EO.

558
00:32:17,720 --> 00:32:20,080
Speaker 1: You've got to get Congress to act. And unfortunately, I

559
00:32:20,120 --> 00:32:23,320
Speaker 1: think after the election it's likely we're going to see

560
00:32:23,320 --> 00:32:25,240
Speaker 1: the breaks put on something like this for a lot

561
00:32:25,240 --> 00:32:27,240
Speaker 1: of period time. That's the that's the flip of the

562
00:32:27,280 --> 00:32:30,440
Speaker 1: coin here, Bill. You know, it's not just Joe Biden

563
00:32:30,920 --> 00:32:33,719
Speaker 1: looking to help Democrats, but they know that this window

564
00:32:33,800 --> 00:32:36,720
Speaker 1: is closing, right, I mean, any effort to decriminalize in

565
00:32:36,720 --> 00:32:40,720
Speaker 1: a Republican lead House going to die a quick death, right. Yeah.

566
00:32:40,760 --> 00:32:42,360
Speaker 1: But look, I mean we're spending a lot of time

567
00:32:42,360 --> 00:32:47,000
Speaker 1: talking about the criminalization versus decriminalization. Which schedules should marijuana

568
00:32:47,040 --> 00:32:49,480
Speaker 1: be on? You know, equally important to all of the

569
00:32:49,520 --> 00:32:53,800
Speaker 1: states where marijuana is legal. Is also the banking issue

570
00:32:54,040 --> 00:32:57,160
Speaker 1: and how they're able to transact business. I mean, you know,

571
00:32:57,240 --> 00:32:59,360
Speaker 1: this is such a big business in some of these states.

572
00:32:59,400 --> 00:33:02,200
Speaker 1: We really need to have a comprehensive look at how

573
00:33:02,240 --> 00:33:06,680
Speaker 1: the marijuana, cannabis industry, it's uh is performing, how it's sold,

574
00:33:06,720 --> 00:33:08,400
Speaker 1: you know, what some of the restrictions are to keep

575
00:33:08,400 --> 00:33:11,600
Speaker 1: it away from school children, but also the economics of it,

576
00:33:11,640 --> 00:33:15,040
Speaker 1: including how these businesses are able to conduct their business

577
00:33:15,040 --> 00:33:18,240
Speaker 1: through banks as opposed to cash transactions, et cetera. So,

578
00:33:18,320 --> 00:33:21,840
Speaker 1: I mean, it's it's a pretty significant issue that deserves

579
00:33:21,920 --> 00:33:25,840
Speaker 1: a lot of attention from Congress, and hopefully we'll we'll

580
00:33:25,840 --> 00:33:28,800
Speaker 1: get a resolution to this. Siner. Yeah, hopefully, Although we're

581
00:33:28,800 --> 00:33:31,800
Speaker 1: not holding our breath. Bill McGinley and Jeanie Schanzano with

582
00:33:31,880 --> 00:33:35,320
Speaker 1: us in our remaining moments as we steer the panel.

583
00:33:35,320 --> 00:33:36,880
Speaker 1: And I'm sorry to do this to you, but I

584
00:33:36,920 --> 00:33:40,760
Speaker 1: have no choice to herschel Walker, it's the story, uh

585
00:33:40,920 --> 00:33:44,960
Speaker 1: that won't go away. As the woman who earlier this

586
00:33:45,000 --> 00:33:47,720
Speaker 1: week's at herschel Walker, this, of course, the Republican Senate

587
00:33:47,720 --> 00:33:52,400
Speaker 1: candidate in Georgia paid for her abortion in two thousand

588
00:33:52,480 --> 00:33:56,120
Speaker 1: nine now says that he knows who she is because

589
00:33:56,120 --> 00:33:59,800
Speaker 1: she is the mother of one of his children. This

590
00:34:00,440 --> 00:34:03,120
Speaker 1: is a new report out after The Daily Beast first

591
00:34:03,280 --> 00:34:05,480
Speaker 1: made this report this week. He hasn't been able to

592
00:34:05,520 --> 00:34:08,319
Speaker 1: stop talking about it and has spent the better part

593
00:34:08,320 --> 00:34:11,799
Speaker 1: of his week on Fox News answering questions. Much like

594
00:34:12,080 --> 00:34:15,120
Speaker 1: in this case, not on Fox News, he actually had

595
00:34:15,160 --> 00:34:17,359
Speaker 1: to hold a news conference today. He set up an

596
00:34:17,360 --> 00:34:21,040
Speaker 1: outdoor briefing so reporters could throw questions in him because

597
00:34:21,080 --> 00:34:23,640
Speaker 1: this is obviously a big deal, and it's one that

598
00:34:23,680 --> 00:34:27,200
Speaker 1: we've seen in his race, spen somewhat into the to

599
00:34:27,320 --> 00:34:31,800
Speaker 1: the favor of of his Democratic rival, the incumbent Raphael Warnock,

600
00:34:31,920 --> 00:34:35,560
Speaker 1: listened to this exchange with reporters today as they try

601
00:34:35,600 --> 00:34:39,120
Speaker 1: to find out if herschel Walker actually knows this woman.

602
00:34:39,680 --> 00:34:42,640
Speaker 1: Have you reached out to any of the mothers of

603
00:34:42,680 --> 00:34:48,840
Speaker 1: your children to ask why not? Well, because according to

604
00:34:48,880 --> 00:34:51,400
Speaker 1: the article, one of the woman who says that you

605
00:34:51,560 --> 00:34:54,520
Speaker 1: paid for her and also the mother of one of

606
00:34:54,520 --> 00:34:57,000
Speaker 1: your children, it seems like that's not to be anything.

607
00:34:57,800 --> 00:35:00,600
Speaker 1: The article I had more kids as why I reached

608
00:35:00,600 --> 00:35:03,000
Speaker 1: out to anyone? Because I said no, And that's what

609
00:35:03,080 --> 00:35:05,280
Speaker 1: I mean, and I said, no, I said, it's not correct.

610
00:35:05,320 --> 00:35:07,480
Speaker 1: That's a lie, and that's what I mean, that's a lot.

611
00:35:07,880 --> 00:35:10,960
Speaker 1: I have literally no idea what that answer means. Genie.

612
00:35:10,960 --> 00:35:14,440
Speaker 1: Did Democrats just let him take the rope here that

613
00:35:14,520 --> 00:35:17,319
Speaker 1: he's clearly running with or do they actually have to

614
00:35:17,360 --> 00:35:21,160
Speaker 1: start leaning into attacking him. No, I think they I

615
00:35:21,200 --> 00:35:23,880
Speaker 1: think they should let him go forward. I think Raphael

616
00:35:23,920 --> 00:35:27,239
Speaker 1: Warnox response and the Democrats response has been right on

617
00:35:27,320 --> 00:35:29,839
Speaker 1: to focus on the policy issue and the fact that

618
00:35:29,880 --> 00:35:33,520
Speaker 1: this is somebody advocating a very extreme position when it

619
00:35:33,560 --> 00:35:36,480
Speaker 1: comes to an issue that you know, sixty percent of

620
00:35:36,520 --> 00:35:39,680
Speaker 1: Americans feel that there should be an exception in the

621
00:35:39,719 --> 00:35:41,719
Speaker 1: case of rap or ancestor the life of the mother.

622
00:35:41,800 --> 00:35:45,279
Speaker 1: That's not a position he's adopted, except apparently perhaps when

623
00:35:45,320 --> 00:35:48,239
Speaker 1: it comes to himself and let the voters decide that.

624
00:35:48,520 --> 00:35:50,279
Speaker 1: You know, as you listen and I did listen to

625
00:35:50,280 --> 00:35:52,520
Speaker 1: what he had to say, he leaves himself an opening.

626
00:35:52,520 --> 00:35:55,200
Speaker 1: If you notice, he says he's given money. He doesn't

627
00:35:55,239 --> 00:35:57,719
Speaker 1: know what people have done with that money. And I

628
00:35:57,760 --> 00:36:00,360
Speaker 1: think that will be the out if it becomes tied

629
00:36:00,640 --> 00:36:03,240
Speaker 1: that it is the mother of one of his children,

630
00:36:03,239 --> 00:36:05,440
Speaker 1: and he does know who the woman is. He will

631
00:36:05,480 --> 00:36:07,600
Speaker 1: say he had no knowledge of where that money went.

632
00:36:07,960 --> 00:36:10,200
Speaker 1: Every day this week. If you really listen to the

633
00:36:10,200 --> 00:36:12,200
Speaker 1: words that he's saying, he hasn't denied a lot. He

634
00:36:12,239 --> 00:36:15,640
Speaker 1: has called this alive. But then he goes to to

635
00:36:15,320 --> 00:36:19,200
Speaker 1: to use very careful language, Bill, I send money to

636
00:36:19,280 --> 00:36:23,840
Speaker 1: lots of people. I never urged anyone to get an abortion.

637
00:36:24,960 --> 00:36:27,279
Speaker 1: What the heck is going to happen here? And well,

638
00:36:27,320 --> 00:36:31,359
Speaker 1: Republicans continue to defend him through November. I think it's

639
00:36:31,360 --> 00:36:33,800
Speaker 1: a stands right now. Yes, I mean Senator Rick Scott,

640
00:36:34,000 --> 00:36:36,560
Speaker 1: the chairman of the NSC, has has come out to

641
00:36:37,040 --> 00:36:39,359
Speaker 1: say that they're they're going to stand by him right now.

642
00:36:40,080 --> 00:36:43,160
Speaker 1: I think other National Republicans have done the same. Um.

643
00:36:43,320 --> 00:36:46,600
Speaker 1: You know, from the Republicans point of view, Um, you

644
00:36:46,640 --> 00:36:49,440
Speaker 1: know these are you know, it's a serious issue. But

645
00:36:49,520 --> 00:36:52,440
Speaker 1: he's come out and denied it. But also it also

646
00:36:52,480 --> 00:36:55,680
Speaker 1: speaks to the fact that is his candidacy was beginning

647
00:36:55,719 --> 00:36:58,480
Speaker 1: to get traction. I mean consistently in the polls herschel

648
00:36:58,520 --> 00:37:01,839
Speaker 1: Walker was up by two points so for the Senator Warnock. Um.

649
00:37:01,880 --> 00:37:04,000
Speaker 1: And it just tells you that the Democrats felt that

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00:37:04,040 --> 00:37:08,040
Speaker 1: they needed to dump this opposition research now in October.

651
00:37:08,680 --> 00:37:11,200
Speaker 1: So it speaks to the competitiveness of that race, where

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00:37:11,200 --> 00:37:14,279
Speaker 1: the Democrats, I think, thought that they had the race

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00:37:14,320 --> 00:37:16,719
Speaker 1: shown up. How worried over the summer. How worry should

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00:37:16,719 --> 00:37:18,880
Speaker 1: Warnock be about an APO dump in the next couple

655
00:37:18,880 --> 00:37:21,239
Speaker 1: of weeks, Jennie, you know, I think he's, oh, you

656
00:37:21,239 --> 00:37:23,080
Speaker 1: always have to be worried about that. We do know

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00:37:23,120 --> 00:37:25,520
Speaker 1: there are grumblings of of of charges that could be

658
00:37:25,560 --> 00:37:27,960
Speaker 1: made against him, And I think the real concern here

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00:37:27,960 --> 00:37:31,160
Speaker 1: for Democrats and for Raphael Warnock is the fact that

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00:37:31,200 --> 00:37:35,480
Speaker 1: despite this issue, voters simply may not be responding to it.

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00:37:35,680 --> 00:37:37,839
Speaker 1: And I don't think, at least I haven't seen enough

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00:37:37,880 --> 00:37:40,600
Speaker 1: public polling out of Georgia to know, because you know,

663
00:37:40,719 --> 00:37:44,120
Speaker 1: issues of crime, issues of inflation, issues of gas, those

664
00:37:44,120 --> 00:37:46,319
Speaker 1: are things on top of mind. This may not be

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00:37:46,840 --> 00:37:49,560
Speaker 1: and you know, we've seen candidates like Donald Trump and

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00:37:49,600 --> 00:37:52,319
Speaker 1: others who have weathered these kinds of storms. So that's

667
00:37:52,360 --> 00:37:54,480
Speaker 1: got to be a concern. And that's why Warnock's got

668
00:37:54,480 --> 00:37:57,600
Speaker 1: to keep focusing on the issues that are important to

669
00:37:57,680 --> 00:38:00,720
Speaker 1: voters and stay out of this fray and let Walker

670
00:38:00,800 --> 00:38:03,360
Speaker 1: deal with this issue on his own. Did Georgia voters

671
00:38:03,480 --> 00:38:06,680
Speaker 1: care more about Republicans being in the majority, Bill or

672
00:38:06,920 --> 00:38:11,480
Speaker 1: or this latest access Hollywood type of story. You know,

673
00:38:11,520 --> 00:38:13,440
Speaker 1: I really think this is gonna come down, you know,

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00:38:13,480 --> 00:38:17,080
Speaker 1: Republicans for Republicans. This this election is all about change

675
00:38:17,600 --> 00:38:19,720
Speaker 1: um for all of the reasons that Genie just said,

676
00:38:19,800 --> 00:38:23,640
Speaker 1: you know, the gas and food inflation, the sputtering economy,

677
00:38:24,000 --> 00:38:26,360
Speaker 1: all of the foreign affairs issue, but really the catching

678
00:38:26,440 --> 00:38:29,920
Speaker 1: cable issues. Uh No, I think and I think they

679
00:38:30,040 --> 00:38:33,000
Speaker 1: do care, But I think Democrats are going to continue

680
00:38:33,040 --> 00:38:35,600
Speaker 1: these types of attacks because they don't want it to

681
00:38:35,640 --> 00:38:38,280
Speaker 1: be a change narrative they're fighting over. It's a choice

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00:38:38,320 --> 00:38:41,920
Speaker 1: between two candidates and the domat Bill McGinley, Genie Chanzano,

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Speaker 1: great panel. I'm Joe Matthew. This is Bloomberg