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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. Welcome to the Bloomberg

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Speaker 1: This Weekend podcast with David Gura, Christina Raffini, and Lisa Matteo.

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Speaker 2: Thanks for joining us for today's selection of conversations from

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Speaker 2: the show.

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Speaker 3: You can listen to our favorite discussions right here on

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Speaker 3: the podcast, but also make sure to join us live

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Speaker 3: every Saturday and Sunday morning starting at seven am Easter.

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Speaker 4: We're on Bloomberg Television, Radio and the Bloomberg Business App,

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Speaker 4: bringing you unique takes and in depth interviews on news, politics,

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Speaker 4: lifestyle and culture.

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Speaker 5: We are going to talk about energy.

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Speaker 2: Oil prices above ninety dollars a barrel that's up about

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Speaker 2: thirty six percent in a week.

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Speaker 5: Gas prices three dollars.

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Speaker 2: Forty five cents a gallon that is up about forty

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Speaker 2: five cents in a week.

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Speaker 3: Daniel, You're been writing in The Financial Times on Friday

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Speaker 3: of this week in an opinion piece titled is the

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Speaker 3: Nightmare Scenario.

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Speaker 6: For Global Energy? Here I'll read a little bit from it.

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Speaker 3: Current oil prices in the nineties are far from the

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Speaker 3: worst case scenario, but right now the world is looking

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Speaker 3: at the biggest disruption in oil production in history, as

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Speaker 3: well as a resounding shock to global gas markets. The

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Speaker 3: key question for global energy, he writes, is the duration

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Speaker 3: of this explosive war. Dan jorg And the Pultzer Price

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Speaker 3: winning author of the prize the Epicquest for Oil, Money

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Speaker 3: and Power, author of the New Map Energy, Climate, and

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Speaker 3: the Clash of Nations, joins us now here on set,

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Speaker 3: New York. He's the vice chairman of S and P Global. Dan,

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Speaker 3: great to have you thank with us.

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Speaker 2: Thank you so much. Although we did say in the

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Speaker 2: break you are dressed a little better than us here

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Speaker 2: on the weekend.

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Speaker 6: It's a lovely time overdressed well. Correct that.

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Speaker 3: Next time, I want to start with just a broad

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Speaker 3: question about the gravity of this moment. You get to

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Speaker 3: it in that piece in the ft. How do you

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Speaker 3: look at this in the broad sweep of history, the

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Speaker 3: moment that we're in right now, and the potential for

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Speaker 3: this being a conflict that doesn't last a matter of

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Speaker 3: days or weeks, as the President initially said, but bu

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Speaker 3: indeed drags on longer than that.

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Speaker 4: It is at least it points to the possibility of

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Speaker 4: the nightmare scenario that has really been there for half

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Speaker 4: a century, ever since Iran erupted in revolution and set

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Speaker 4: off an oil shock at the end of the nineteen seventies. So,

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Speaker 4: but this is at the scale that we're seeing now,

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Speaker 4: there's nothing comparable to it.

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Speaker 3: And what does that mean when you say the nightmare scenario, Well,

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Speaker 3: at least that out for us, And what should we

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Speaker 3: be expecting or fear.

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Speaker 4: I guess a nightmare scenario would be a war that

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Speaker 4: goes on long time, a disruption that goes out on

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Speaker 4: a long time. Prices really skyrocketing in ninety is high,

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Speaker 4: but it's not skyrocketing with major impacts on financial markets,

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Speaker 4: and ultimately the world economy plummeting into a recession that

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Speaker 4: is more or less this nightmare scenario. That's not where

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Speaker 4: that's not where we are, and this would have to

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Speaker 4: go on longer and also have to see considerable damage

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Speaker 4: of the infrastructure in the.

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Speaker 2: Region, which concerns you more when it comes to possible

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Speaker 2: runian outcomes, a more conservative regime that is less likely

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Speaker 2: to collaborate or cooperate with other world's economic indicators, or

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Speaker 2: a total power vacuum. And can you talk about what

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Speaker 2: the difference would be to the oil global oil markets

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Speaker 2: and production.

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Speaker 4: Well, it's you know, it's hard to imagine a totally

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Speaker 4: chaotic Iran. Nobody's in control, and there are ethnic divisions

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Speaker 4: in the country that would tie it apart. But I

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Speaker 4: think there is a question of imagining what kind of

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Speaker 4: organization would rule the country other than what it has today,

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Speaker 4: and would it give up would it give up its

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Speaker 4: revolutionary zeal, its antagonism to the West, its effort to

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Speaker 4: dominate its region, and go back to being what might

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Speaker 4: be called a normal country and a country that's focused

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Speaker 4: on economic growth and development and doesn't running short of

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Speaker 4: water as it is right now.

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Speaker 3: When you look at the news overnight that the UAE's

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Speaker 3: cutting back production, Kuwait's cutting back production. We see the

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Speaker 3: changes that Saudi Arabia's making, shifting more of its oil

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Speaker 3: through pipelines and not through the straight uformies. What does

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Speaker 3: that tell you the way that these countries are reacting

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Speaker 3: to this, about the trajectory of it going forward.

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Speaker 5: In a way.

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Speaker 4: If you may not remember during COVID, when all the

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Speaker 4: storage was filled up because the market demand plummeted, people

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Speaker 4: didn't know what to do with oil, and in.

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Speaker 5: Fact it's stotting on the negative, right, Yeah, oil.

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Speaker 6: Prices went negative.

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Speaker 4: That's kind of not a full analogy, but that's where

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Speaker 4: they are right now.

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Speaker 6: They can't put this.

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Speaker 4: You have a very complicated, integrated system that goes from

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Speaker 4: pumping oil, processing it, getting into tankers, shipping it to markets,

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Speaker 4: and that system isn't working now. It's bottled up and

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Speaker 4: so that there's no place to put the oil and

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Speaker 4: you run out of Basically, the countries are running out

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Speaker 4: of storage and the only thing to do then is

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Speaker 4: cut back production.

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Speaker 2: I also want to ask you about that bottled up

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Speaker 2: and the bottleneck in the Strait of hor Moves.

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Speaker 5: We've got some sound from the President. We want to

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Speaker 5: play you.

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Speaker 6: What about the strain of Horror Moves. There's no traffic

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Speaker 6: really going through a round.

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Speaker 7: That's you know, the ship's choices. But we haven't cleaned out.

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Speaker 7: We've wiped out their navy. The navy is now at

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Speaker 7: the bottom of the sea. So that's the choice. This

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Speaker 7: is an excurageon we figured to oil prices. We go up,

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Speaker 7: which say, will they'll also come down? They'll come down

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Speaker 7: very fast. What I've gotten rid of a major cancer

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Speaker 7: by the faces of the earth.

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Speaker 2: The President has been trying to encourage the shipping to continue,

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Speaker 2: saying the US will help ensure. The US could even

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Speaker 2: escort some armadas of ships as they go through. Is

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Speaker 2: that realistic? And if you were a producer, would you

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Speaker 2: take that risk with your assets?

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Speaker 6: I think it is a very big risk.

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Speaker 4: Obviously, people still have insurance, but it's now war rates,

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Speaker 4: so it's gone way up. And of course the administration

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Speaker 4: is said that they will ensure ships if they can't

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Speaker 4: get commercial insurance. But the risk is that a lot

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Speaker 4: of the Iranian navy has been destroyed, but there's still drones,

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Speaker 4: and there's still explosive speedboats that could fast boats. Yeah,

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Speaker 4: that would put a tanker at risk, and so you

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Speaker 4: have to be very bold and at least as I

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Speaker 4: understand that the escorts, they're not ready to do that

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Speaker 4: yet because the naval ships are focused on the war

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Speaker 4: and protecting US battleships. I mean, we did have in

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Speaker 4: nineteen eighty seven, the US provided escorts to Kuwaiti tankers,

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Speaker 4: but there weren't any drones.

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Speaker 3: Then I look back on the last week and there

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Speaker 3: was that moment when the Treasury Sectory went on a

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Speaker 3: rival network. He was on CNBC and he floated the

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Speaker 3: possibility of the administration doing more and investors.

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Speaker 6: Responded positively to that. As vague as the comment was,

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Speaker 6: I did he did he define more? Did he more?

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Speaker 3: No, there is a generalized lack of definition, I think

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Speaker 3: on many fronts here. But that gets to my question,

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Speaker 3: which is Christina asks about there being kind of escorts,

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Speaker 3: naval escorts, perhaps additional insurance that's backed up or provided

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Speaker 3: by the US government. When you look at kind of

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Speaker 3: the panoply of policy options that could be presented by

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Speaker 3: this administration, what would make the most difference to industry

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Speaker 3: at this point in time, what was actually marching uncertainty?

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Speaker 6: What would actually help?

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Speaker 4: But what would be the end of the attacks? I

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Speaker 4: mean that would be it. It's very simple. And we

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Speaker 4: know that that the air war is aimed at the

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Speaker 4: missile launchers, trying to knock them out one by one

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Speaker 4: they open up and get them. They're in these missile

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Speaker 4: cities that Iran has. So I think it's trying to

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Speaker 4: get Iran to a position where it's simply is toothless.

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Speaker 6: That's the objective.

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Speaker 4: And the President has talked about unconditional surrendered, not sure

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Speaker 4: what that means.

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Speaker 6: Or less definition there as well.

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Speaker 4: And remember the Iran it's a divided leadership and as

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Speaker 4: well as a decimated leadership.

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Speaker 2: We're waiting this morning to see if they have chosen

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Speaker 2: a new leader, but unclear. You know, it won't be

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Speaker 2: the same power center that COMMANI had.

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Speaker 8: I mean, he had been at it for a long time.

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Speaker 8: I'm curious how you see the price where you see

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Speaker 8: the price going from here? So it's been an incredibly

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Speaker 8: fast move, as you point out in your pieces, we've

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Speaker 8: seen over the course of the week, and you know,

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Speaker 8: we're talking about the prospects of one hundred dollars barrel

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Speaker 8: last weekend. Where do you see the price going from here?

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Speaker 3: And I think there's a question a lot of people

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Speaker 3: have on their minds, which is what is the lag

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Speaker 3: between that happening we see even more manifested pump higher

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Speaker 3: gas prices.

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Speaker 4: Well, I think that you know, there are all sorts

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Speaker 4: of predictions out there. You hear people saying, you know,

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Speaker 4: it's over one hundred or one hundred and fifty. I mean,

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Speaker 4: I think these are notional ideas that clearly all the

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Speaker 4: pressures are for the price to go up. You have

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Speaker 4: lost twenty percent of world oil, you've lost twenty percent

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Speaker 4: of energy, and as a result of that, markets you're

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Speaker 4: going to get people bidding for supplies. We see tankers

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Speaker 4: that we're going to carry energy to Europe now being

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Speaker 4: diverted to Asia. So you know, everything points to higher prices.

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Speaker 4: Where the limit is really depends upon event. And why

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Speaker 4: I say what's most important thing is duration. Does this

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Speaker 4: go on a week? Does this go on a month?

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Speaker 4: And that has different consequences.

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Speaker 2: As you look at this conflict and the economic story

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Speaker 2: part of this, as we talk about it, as we've

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Speaker 2: all talked about it, what are people missing? What is

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Speaker 2: the most important thing that you think people are overlooking

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Speaker 2: in this conflict and how it's impacting the economies.

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Speaker 4: Well, to me, one thing is that we do have resilience.

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Speaker 4: We're not in the position we would have been a

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Speaker 4: decade or two ago. Because the US is now the

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Speaker 4: world's largest oil producer. That gives security that we didn't

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Speaker 4: have before. You have production going up elsewhere. You have

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Speaker 4: candidate four million barrels a day. Brazil is four million

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Speaker 4: barrels a day, which is four times by the way

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Speaker 4: Venezuela is currently produced. Just so, there are alternatives and

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Speaker 4: their strategic stocks which were created in the nineteen seventies

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Speaker 4: in response to the threat of the disruption of supply

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Speaker 4: coming from the Gulf. So you have all of those

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Speaker 4: factors at work. You also have the Saudi have an

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Speaker 4: East West network that can move oil to the Red Sea,

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Speaker 4: So it isn't those are things that need to be

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Speaker 4: kept in mind even as we look at an unprecedented situation.

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Speaker 6: You bring upose strategic reservis there's one in the US.

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Speaker 3: Of course, the President has talked a couple of times

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Speaker 3: about the prospects of drawing that down. What is the

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Speaker 3: calculus the president must use in a moment like this

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Speaker 3: to decide. That's of course used by President Biden as

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Speaker 3: the war began in Ukraine. What should the present be

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Speaker 3: thinking about when it comes to whether or not to

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Speaker 3: the plan.

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Speaker 4: This is a much more serious disruption of oil than

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Speaker 4: the ones that President Biden responded to.

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Speaker 6: We also saw it used at.

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Speaker 4: Various times on the eve of certain presidential elections when

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Speaker 4: gasoline prices go up. As we know, gasoline prices are

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Speaker 4: the most sensitive prices in the country, particularly sensitive in

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Speaker 4: an election year. So I think that it will be

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Speaker 4: a judgment that this you need to send it into

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Speaker 4: the market to reassure the markets. I remember that on

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Speaker 4: the eve of the Gulf War nineteen ninety one, they

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Speaker 4: released the strategic reserves and the price, instead of going

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Speaker 4: up as people thought, went down. So I think I

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Speaker 4: would expect and it's not only the US, but you

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Speaker 4: have all these other Ia countries and China has built

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Speaker 4: up huge reserves that those will be used.

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Speaker 2: I think we want to talk more about China, We

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Speaker 2: want to talk more about Russia. We want to talk

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Speaker 2: more about several things, which is why we're keeping you

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Speaker 2: captive here in our green room, and we will be

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Speaker 2: back with you shortly after we cover a few other things.

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Speaker 6: Yes, great to have with us here on Zet.

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Speaker 3: Dan Jerg advice chairman of vest in p Global again

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Speaker 3: the author of the prize the Epiquest for Oil, Money

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Speaker 3: and Power. Of course that book the winner the Pulitzer Prize.

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Speaker 3: Most recently author of the New Map Energy, Climate and

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Speaker 3: the Clash of Nations.

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Speaker 2: Yes, thank you for making me feel slightly smart, Dan,

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Speaker 2: I really appreciate it.

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Speaker 3: Stay with us for more on Bloomberg this weekend. Right

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Speaker 3: after this.

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Speaker 6: Prim mins from that. Yeah, who spoke yesterday in Israel.

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Speaker 3: Quote a little bit from what he had to say

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Speaker 3: to how today well organized plan with many surprises and

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Speaker 3: suggested there are many more objectives, which he declined to

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Speaker 3: list during that speech. On Saturday, I want to turn

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Speaker 3: out to former Ambassador tom Nydes He was the US

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Speaker 3: ambassador to Israel from twenty twenty one to twenty twenty

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Speaker 3: three and joins us on this Sunday morning. Ambassador, thank

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Speaker 3: you very much for the time, and I want to

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Speaker 3: start with a broad question, and that is, as we

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Speaker 3: approach the second week of this war, how clear to

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Speaker 3: you are the strategic objectives for Israel in this conflict.

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Speaker 9: Well, first of all, thank you for having this early morning.

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Speaker 9: I think God I got the clock straight. I got

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Speaker 9: you and me both.

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Speaker 2: This is a big concern for everyone. Ambassador. We're very

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Speaker 2: proud of you.

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Speaker 6: Yeah, let me listen.

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Speaker 9: You know, one thing I've learned in my career here

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Speaker 9: is foreign policy is very complicated. A lot of things

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Speaker 9: can be true. At the same time, there's no question

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Speaker 9: that all of us understand that Iran as a wicked

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Speaker 9: regime what they have done in the last you know,

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Speaker 9: multiple decades, But certainly it's proven by what's happened here

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Speaker 9: in the last couple of weeks. Not only have they

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Speaker 9: killed you know, thousands of sounds of their own people

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Speaker 9: who were protesting. But then they decided, which they've always done,

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Speaker 9: is turned the guns on Israel, which we have known

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Speaker 9: for and done seeing and witness for a long period

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Speaker 9: of time, both through their proxies between Hamas and Hezbollah

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Speaker 9: and the UTIs.

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Speaker 6: They made a strategic decision.

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Speaker 9: To there some of their allies in the Middle East,

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Speaker 9: including Sairabia, Koway Cutter, the UEE that totally changed it

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Speaker 9: in amics here. So one one for sure is that

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Speaker 9: this is very complicated, and certainly, certainly for my person,

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Speaker 9: I have no tears loss for uh the Supreme Leader.

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Speaker 9: The other issue I think is obviously what you've been

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Speaker 9: talking about on the air a lot, is what the

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Speaker 9: endgame is. And I think you know when when the

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Speaker 9: Prime Minister and the President talk about regime change, you know,

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Speaker 9: I've been around this for a long time, and I

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Speaker 9: was involved in Afghanistan and in Iraq and Libya. Last

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Speaker 9: time I checked, there is in Jeffersony democracies in those countries.

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Speaker 9: So this is really complicated, guys, and we're going to

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Speaker 9: have to all watch this play out in the next

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Speaker 9: couple of weeks.

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Speaker 2: I want to ask you about that relationship between the

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Speaker 2: Prime Minister and the president and how much influence Benjamin

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Speaker 2: now who has over President Trump. We've got a statement

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Speaker 2: from the Iranian Foreign minister saying that who was duped

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Speaker 2: into conflict? He says, they, meaning the American people, have

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Speaker 2: ended up with an administration that Netanyahu, after decades of

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Speaker 2: failed attempts, finally managed to dupe into fighting Israel's war.

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Speaker 2: What's your take on that and how influential do you

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Speaker 2: think Israel was in convincing Washington to make this decision.

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Speaker 9: Well, first of all, I don't think I'm going to

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Speaker 9: be suggesting that the Iranian spokesperson actually knows what he's

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Speaker 9: talking about.

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Speaker 6: I think there's a couple of things.

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Speaker 9: First of all, no one regards if you love Israel,

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Speaker 9: don't believe that what Iran has been doing to Israel

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Speaker 9: through its proxies. Look what they did with Kamas, Look

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Speaker 9: what they did with Kama, with Hesblad, Look what they

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Speaker 9: did their own people. So the idea that somehow people

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Speaker 9: have been duped into up realizing that Iran as a

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Speaker 9: bad actor is ridiculous.

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Speaker 6: You know, I do I think that.

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Speaker 9: You know, when I worked for President Biden, we supported

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Speaker 9: Israel when the Iranians attacked Israel for the first time.

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Speaker 9: You know, I supported them in defense but also offensively

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Speaker 9: as well well. So I don't think anyone's necessarily called

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Speaker 9: pushing Donald Trump around. I think that's somewhat absurd. I

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Speaker 9: do think it is important to step back, and I

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Speaker 9: understand two things. One is we have to understand what

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Speaker 9: the objectives of this is. How do we determine what

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Speaker 9: success is. I'm not sure success is necessarily quote regime change,

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Speaker 9: but one will have to debate that. And I do

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Speaker 9: believe Congress has a role here, guys. I think it's

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Speaker 9: important for us to understand that, and I think that

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Speaker 9: we'll be debated for a long period of time the

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Speaker 9: role of Congress as relates to this particular war.

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Speaker 3: You bring up Hesbal, and I want to ask you

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Speaker 3: about Lebanon, because we've seen Israel's attacks now kind of

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Speaker 3: venture into Lebanon more and more. And I'm going to

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Speaker 3: play a little bit of sound here from Israel's Defense minister,

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Speaker 3: Israel cats on what they're doing there in Lebanon.

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Speaker 6: Let's take a listen what you have to say in.

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Speaker 3: The government of Lebanon and Lebanon will pay a eavy

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Speaker 3: price if destroyed Lebanon, nime cossme they will also ruin it.

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Speaker 3: And again, investor, you see this kind of renewed focus

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Speaker 3: on Lebanon and Israel claiming there's no sort of territorial

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Speaker 3: claim to Lebanon. What do you make of the way

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Speaker 3: that this war is moving again into that country, not

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Speaker 3: just in Iran, but into Lebanon as well.

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Speaker 9: I don't know if you've been to Israel, and I'm

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Speaker 9: sure some of you guys on this on the certain

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Speaker 9: viewers who are watching us. You know, Lebanon shares a

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Speaker 9: border with Israel, as you know, and it's right in

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Speaker 9: the northern border. It's a huge risk and certainly has

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Speaker 9: Blah has shown to be a terrible actor again a

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Speaker 9: proxy of the Iranians. And I think you know we've seen,

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Speaker 9: you know, it's eight months ago and a lot of

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Speaker 9: intense fighting to diminish has Bla. You have a leader

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Speaker 9: now in Lebanon who the President of the United States

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Speaker 9: has met with. I think ultimately this is going to

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Speaker 9: be continued to be a huge area of friction. Israel

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Speaker 9: believes it has Blah has not been destroyed. It certainly

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Speaker 9: hasn't been dismantled, they've been weakened, and certainly there's the

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Speaker 9: state sponsor of their terrorism, which is Iran, has been weakened.

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Speaker 9: But it's a huge threat to Israel, and so listen

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Speaker 9: I I for one, have been big advocate of obviously

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Speaker 9: strengthening the President of Lebanon to attempt to try to

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Speaker 9: make these ob sectarian things come together. But it's hugely

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Speaker 9: problematic for the Israelis and certainly those Israelis who are

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Speaker 9: living in the northern part of the country.

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Speaker 2: I want to shift a little bit and ask you,

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Speaker 2: because you weren't ambassador, because you're in the State Department,

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Speaker 2: your perspective on the consular part of this. There has

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Speaker 2: been a lot of criticism that the US did not

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Speaker 2: properly warn Americans in the region, its allies in the region,

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Speaker 2: and did not have a plan even if you needed

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Speaker 2: to keep that as a close hold, not to telegraph

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Speaker 2: the attacks. There didn't seem to be a fast rollout

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Speaker 2: plan to evacuate Americans out of the region. You know,

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Speaker 2: we had that one authorized departure for Tel Aviv, but

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Speaker 2: I didn't see them for other places and other places

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Speaker 2: around the region. Kutar Uae Bahrain have all been hit

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Speaker 2: really hard. We've got Americans who are trying to get out.

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Speaker 2: The State Department now has organized charters. But what is

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Speaker 2: your response to that initial response from the State's Apartment

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Speaker 2: and whether they should have done more or better to

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Speaker 2: get folks out faster.

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Speaker 9: Listener, you know, I can't to sit around and second, guest,

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Speaker 9: I was a Deputy Secretary of State and I was

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Speaker 9: ambassador Israel. I don't think that there's people at the

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Speaker 9: State Department that are reluctantly trying to communicate with people.

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Speaker 9: I think it's complicated. You're in a military operation. Happens,

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Speaker 9: it happens quickly, as you know, the rules are very

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Speaker 9: quickly quick. If once the State Department UH says to

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Speaker 9: the embassy staff that they should depart, they then have

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Speaker 9: to make sure that any American who wants to leave,

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Speaker 9: so it can't be adopt.

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Speaker 5: That notice has to be public for that reason.

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Speaker 3: Yeah.

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Speaker 6: There, I think they'll be. They'll be.

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Speaker 9: Yeah, they'll be. The people will step back. I think

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Speaker 9: there again. I'm not here to be, you know, being

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Speaker 9: trying to be overly critical because it's really really complicated.

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Speaker 9: The men and women who work at the Stage Department,

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Speaker 9: the career. People want to do the right thing. They

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Speaker 9: tried to getting charters in. It is not simple to do,

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Speaker 9: especially when the airspace is complicated. So I just I

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Speaker 9: think everyone needs to again. I believe me, I have

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Speaker 9: been stuck there when the rockets. It's really scary. I mean,

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Speaker 9: the Emirates and the Saudi's and the Kuwaitis and the

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Speaker 9: Katari's are seeing something that they've probably in most of

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Speaker 9: these people's lives, have never witnessed. Listen sadly, you know,

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Speaker 9: I've I've been talking to my friends every day who

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Speaker 9: are sitting in bunkers four or five, eight, ten times

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Speaker 9: a day in Israel. I don't think it's because they're

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Speaker 9: used to it.

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Speaker 6: They like it.

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Speaker 9: So I think the region is getting a little bit

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Speaker 9: of feeling sadly what Israel has been through for a

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Speaker 9: long long time and they don't like it. And obviously

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Speaker 9: I hopefully they're getting those Americans are there and getting

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Speaker 9: out because it is scary sitting in the house. I

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Speaker 9: don't think people understand how frightening it is, and especially

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Speaker 9: in places not Israel, but they don't have bomb shelters

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Speaker 9: where drones are flying over your head. Really, I haven't

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Speaker 9: been there. It's not pleasant and you do not get

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Speaker 9: used to it.

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Speaker 3: I want to draw more on your experience in the

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Speaker 3: State Department, so beyond you just being the ambassador to Israel,

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Speaker 3: but the role that you've played there is you look

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Speaker 3: at the level of diplomatic engagement with other countries, is

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Speaker 3: all of this unfold. So it does seem like this

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Speaker 3: is very much a mission of the US and Israel

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Speaker 3: at this point in time. And we saw yesterday kind

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Speaker 3: of back and forth between Curios Starmer, the UK Prime Minister,

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Speaker 3: and President Trump. President Trump suggesting that the UK should

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Speaker 3: join wars after we've already won them. We saw kind

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Speaker 3: of muted statements from European officials here, what should yes, yeah, yeah,

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Speaker 3: What should be happening on the diplomatic track at this

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Speaker 3: point in time as the military conflict continues. What do

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Speaker 3: you think the US should be doing Israel should be

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Speaker 3: doing to sort of get more allies onto its side

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Speaker 3: as this war continues.

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Speaker 9: As you guys, as I said at the beginning, you know,

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Speaker 9: foreign policy is quite messy. It's just not it's not

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Speaker 9: you know, it does not follow a straight line because

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Speaker 9: things happen and unintentioned. A couple of things that are

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Speaker 9: interesting to step back and look at this. First of all,

441
00:20:38,400 --> 00:20:44,080
Speaker 9: I think the Iranians decision to attack Sairabi and the

442
00:20:44,080 --> 00:20:47,639
Speaker 9: Amates quaint clatter was a massive mistake because you know,

443
00:20:47,680 --> 00:20:49,800
Speaker 9: as they say, your enemy of your enemy is your friend,

444
00:20:50,359 --> 00:20:53,080
Speaker 9: and they certainly have galvanized the rust of the Middle

445
00:20:53,080 --> 00:20:55,959
Speaker 9: East as it relates to how bad actors the Iranians are.

446
00:20:55,960 --> 00:20:56,800
Speaker 6: That's number one.

447
00:20:57,119 --> 00:21:00,239
Speaker 9: Number two, the President's going to eat allies, and not

448
00:21:00,280 --> 00:21:02,520
Speaker 9: only just the Middle East is going to need European

449
00:21:02,560 --> 00:21:05,880
Speaker 9: allies because if this drags out, you know, obviously there's

450
00:21:05,880 --> 00:21:08,240
Speaker 9: gonna be all sorts of needs for both airspace and

451
00:21:08,320 --> 00:21:11,480
Speaker 9: supplies and important to that. And I like to remind people,

452
00:21:12,000 --> 00:21:15,080
Speaker 9: you know, the European countries are fighting a war against Putin.

453
00:21:15,800 --> 00:21:16,840
Speaker 6: And what's going on in Ukraine.

454
00:21:16,880 --> 00:21:18,560
Speaker 9: I mean we've we've sort of you know, you guys

455
00:21:18,560 --> 00:21:20,360
Speaker 9: aren't talking about what's going on in Ukraine.

456
00:21:21,200 --> 00:21:21,760
Speaker 6: This is Ukraine.

457
00:21:21,800 --> 00:21:23,679
Speaker 9: Thing is just you know, sadly, you just went to

458
00:21:23,680 --> 00:21:26,959
Speaker 9: the fourth year, so you have a lot of things

459
00:21:27,000 --> 00:21:29,800
Speaker 9: going on right now, and you know you need you know,

460
00:21:29,840 --> 00:21:31,960
Speaker 9: and I was, you know, working at the stage department.

461
00:21:32,080 --> 00:21:35,560
Speaker 9: You need friends, You need friends and good times and

462
00:21:35,600 --> 00:21:38,200
Speaker 9: you certainly need friends and bad times, and so we're

463
00:21:38,280 --> 00:21:42,160
Speaker 9: to see ourselves. I'm sure that the Secretary of Rubio

464
00:21:42,280 --> 00:21:44,920
Speaker 9: and the Trump guys are reaching out to these allies

465
00:21:44,960 --> 00:21:47,480
Speaker 9: all the time and trying to get their help. But

466
00:21:47,720 --> 00:21:50,960
Speaker 9: your point is one hundred percent correct. You need allies

467
00:21:51,040 --> 00:21:54,040
Speaker 9: in times of peace, and you definitely need allies in.

468
00:21:54,080 --> 00:21:54,680
Speaker 6: Times of war.

469
00:21:54,840 --> 00:21:57,440
Speaker 3: Tom Knights, who was the US Ambassador to Israel, joining

470
00:21:57,480 --> 00:21:58,800
Speaker 3: us on the Sunday.

471
00:21:58,440 --> 00:22:03,000
Speaker 2: Morning stay with us for more on Bloomberg this weekend.

472
00:22:03,200 --> 00:22:16,680
Speaker 5: Right after this, I'm.

473
00:22:16,600 --> 00:22:18,119
Speaker 3: Going to turn out of the Junior Centaer from the

474
00:22:18,160 --> 00:22:20,160
Speaker 3: state of South Dakota, that is Mike Browns, who sits

475
00:22:20,160 --> 00:22:22,720
Speaker 3: on the Senate Armed Services and the Scent Intelligence committees,

476
00:22:22,720 --> 00:22:25,280
Speaker 3: and let me just start with Iran if I could

477
00:22:25,320 --> 00:22:26,119
Speaker 3: on this Sunday morning.

478
00:22:26,119 --> 00:22:27,760
Speaker 6: Senator, thank you very much for being here.

479
00:22:28,280 --> 00:22:30,880
Speaker 3: We have heard so many different rationales for the US

480
00:22:31,240 --> 00:22:33,520
Speaker 3: pursuing this war with Iran, and I'm curious if a

481
00:22:33,840 --> 00:22:36,280
Speaker 3: constituent were to approach you and ask why we're doing this,

482
00:22:36,680 --> 00:22:37,679
Speaker 3: what would your response be?

483
00:22:37,800 --> 00:22:39,480
Speaker 6: Nine days into this war.

484
00:22:40,560 --> 00:22:44,280
Speaker 10: Thanks for the opportunity, and we've actually had constituents. I'm

485
00:22:44,320 --> 00:22:47,360
Speaker 10: right back in Pierce, South Dakota this morning and yesterday

486
00:22:47,400 --> 00:22:49,600
Speaker 10: had coffee one of the coffee clatches that we try

487
00:22:49,640 --> 00:22:52,399
Speaker 10: to stop in and say hello at one of our

488
00:22:52,400 --> 00:22:56,040
Speaker 10: constituents as asking exactly that what's going on and was

489
00:22:56,080 --> 00:22:58,960
Speaker 10: this the right time to make this move? And my

490
00:22:59,080 --> 00:23:02,560
Speaker 10: message was that there's ever a right time. But in

491
00:23:02,600 --> 00:23:05,919
Speaker 10: some cases, as you start to gather your intelligence and

492
00:23:05,960 --> 00:23:07,919
Speaker 10: you see what your adversaries are doing, they have a

493
00:23:08,000 --> 00:23:11,399
Speaker 10: say in it as well. In this particular case, we

494
00:23:11,520 --> 00:23:16,639
Speaker 10: knew that while the nuclear facilities had been really significantly disrupted,

495
00:23:17,240 --> 00:23:20,000
Speaker 10: that Iran was still looking at other things, including going

496
00:23:20,040 --> 00:23:24,800
Speaker 10: back in and getting the nuclear supplies. The uranium that

497
00:23:24,960 --> 00:23:28,520
Speaker 10: has already been developed that doesn't go away, it's simply buried.

498
00:23:29,080 --> 00:23:31,280
Speaker 10: The second piece on it, and probably the more important

499
00:23:31,280 --> 00:23:34,680
Speaker 10: pieces right now, is that they had continued to increase

500
00:23:34,800 --> 00:23:40,040
Speaker 10: their supplies of short term and intermediate ballistic missiles and

501
00:23:40,080 --> 00:23:42,880
Speaker 10: a huge number of drones and they were building them

502
00:23:43,119 --> 00:23:46,760
Speaker 10: very rapidly. And the question was is as long as

503
00:23:46,800 --> 00:23:50,400
Speaker 10: their air defenses had already been taken down significantly during

504
00:23:50,400 --> 00:23:53,679
Speaker 10: the twelve day war, was this the appropriate time to

505
00:23:54,240 --> 00:23:56,520
Speaker 10: actually go back in and take out those other items.

506
00:23:56,880 --> 00:23:58,479
Speaker 10: But there's one more piece in the middle of it,

507
00:23:59,080 --> 00:24:01,800
Speaker 10: there had been the play diplomatic talks going on, but

508
00:24:02,200 --> 00:24:06,080
Speaker 10: in the background, we know what their purposes are. I mean,

509
00:24:06,080 --> 00:24:08,520
Speaker 10: we've got very good intel and we know that even

510
00:24:08,560 --> 00:24:12,440
Speaker 10: though they were publicly talking about diplomacy, behind the scenes,

511
00:24:12,560 --> 00:24:16,520
Speaker 10: this was simply to delay and they had no intentions,

512
00:24:16,880 --> 00:24:19,760
Speaker 10: no intentions of making a deal with regard to their

513
00:24:19,840 --> 00:24:22,320
Speaker 10: nuclear activities in the future. They were not going to

514
00:24:22,320 --> 00:24:25,200
Speaker 10: give up the opportunity to make a bomb. So number one,

515
00:24:25,640 --> 00:24:27,560
Speaker 10: at what point is there a good time to have

516
00:24:27,600 --> 00:24:31,120
Speaker 10: a conflict. There's never a good time, but there are

517
00:24:31,240 --> 00:24:35,000
Speaker 10: better times than others. And the longer we waited, the

518
00:24:35,080 --> 00:24:39,000
Speaker 10: more of their offensive capabilities that would inflict lots of

519
00:24:39,080 --> 00:24:42,240
Speaker 10: damage on our bases in the Middle East and on

520
00:24:42,320 --> 00:24:45,760
Speaker 10: our allies, while at the same time we weren't building

521
00:24:45,880 --> 00:24:49,960
Speaker 10: our defensive capabilities as fast as they were building their

522
00:24:50,000 --> 00:24:53,479
Speaker 10: defensive capabilities. It takes time for us to take some

523
00:24:53,520 --> 00:24:55,520
Speaker 10: of our more complicated missile systems and.

524
00:24:55,640 --> 00:24:56,360
Speaker 9: To develop them.

525
00:24:58,000 --> 00:24:59,800
Speaker 6: You have a good sense optunity was there, but we

526
00:24:59,840 --> 00:25:00,800
Speaker 6: need to do something.

527
00:25:00,920 --> 00:25:02,760
Speaker 3: Do you have a good sense from the administration about

528
00:25:02,760 --> 00:25:04,679
Speaker 3: what they're thinking when it comes to timeline, Because just

529
00:25:04,680 --> 00:25:06,960
Speaker 3: as there's been varying rationales for this. There's also been

530
00:25:07,040 --> 00:25:09,520
Speaker 3: kind of mixed messages about how long this administration is

531
00:25:09,520 --> 00:25:11,120
Speaker 3: preparing to be engaged in this war.

532
00:25:13,160 --> 00:25:15,760
Speaker 10: I don't think any of us are expecting an extended

533
00:25:15,880 --> 00:25:20,000
Speaker 10: long term engagement. But remember we're now just what eight

534
00:25:20,119 --> 00:25:24,959
Speaker 10: days into this conflict, and so far our plans appear

535
00:25:25,000 --> 00:25:28,120
Speaker 10: to be going as scheduled with regard to taking out

536
00:25:28,240 --> 00:25:32,119
Speaker 10: their defensive capabilities, and now we're working on the offensive

537
00:25:32,119 --> 00:25:36,280
Speaker 10: capabilities using some of our additional equipment that are less

538
00:25:36,520 --> 00:25:41,920
Speaker 10: or that are perhaps not as a capable. In other words,

539
00:25:41,960 --> 00:25:43,679
Speaker 10: we can use F twenty twos, we can use F

540
00:25:43,720 --> 00:25:46,560
Speaker 10: thirty five's, and in doing so, it's really tough for

541
00:25:46,600 --> 00:25:48,240
Speaker 10: them to find us and to shoot us down with

542
00:25:48,280 --> 00:25:53,840
Speaker 10: those types of equipment and with our missile systems that

543
00:25:53,880 --> 00:25:56,080
Speaker 10: we can use to basically go in and take out

544
00:25:56,119 --> 00:26:01,439
Speaker 10: their sensitive their communications and their defensive capability. When that happens,

545
00:26:01,520 --> 00:26:04,000
Speaker 10: now we can take some of our other heavier equipment,

546
00:26:04,359 --> 00:26:07,040
Speaker 10: our b ones, our B fifty twos, and so forth,

547
00:26:07,480 --> 00:26:10,160
Speaker 10: and they can come in and really do strategic strikes

548
00:26:10,200 --> 00:26:14,159
Speaker 10: throughout the country to take out more of their capabilities,

549
00:26:14,160 --> 00:26:17,320
Speaker 10: which includes their ability to actually make the drones and

550
00:26:17,359 --> 00:26:17,879
Speaker 10: so forth.

551
00:26:18,200 --> 00:26:19,600
Speaker 2: So I want to ask you about what you're just

552
00:26:19,640 --> 00:26:22,400
Speaker 2: talking about, those these coffee meetings talking to your constituents.

553
00:26:23,000 --> 00:26:25,399
Speaker 2: And the President was asked on Air Force one and

554
00:26:25,480 --> 00:26:28,600
Speaker 2: that same gaggle we keep playing if he was concerned

555
00:26:28,640 --> 00:26:32,040
Speaker 2: about gas prices, and he said he wasn't. So I'm

556
00:26:32,040 --> 00:26:34,200
Speaker 2: wondering when you talk to your constituents, when you talk

557
00:26:34,240 --> 00:26:37,480
Speaker 2: to Americans who are really feeling economic pressure, are they

558
00:26:37,520 --> 00:26:38,199
Speaker 2: worried about it?

559
00:26:38,240 --> 00:26:40,320
Speaker 5: And are you worried about it for them?

560
00:26:41,800 --> 00:26:45,040
Speaker 10: Well, I think when this started we knew that there

561
00:26:45,040 --> 00:26:47,640
Speaker 10: would be a spike because it does impact an area

562
00:26:47,680 --> 00:26:50,639
Speaker 10: of the world where twenty percent of the fuel or

563
00:26:50,680 --> 00:26:53,719
Speaker 10: the oil that's developed is moving through the straight hor

564
00:26:53,840 --> 00:26:57,080
Speaker 10: moves every day, and so you've got to be concerned

565
00:26:57,119 --> 00:26:59,680
Speaker 10: about it. But did we know that the prices would

566
00:26:59,680 --> 00:27:00,000
Speaker 10: go up?

567
00:27:00,520 --> 00:27:00,800
Speaker 4: Yes?

568
00:27:01,400 --> 00:27:03,040
Speaker 10: The question is was there ever going to be a

569
00:27:03,040 --> 00:27:07,159
Speaker 10: better time in which to take on this operation and

570
00:27:07,320 --> 00:27:10,159
Speaker 10: was there any chance that we would ever be in

571
00:27:10,200 --> 00:27:12,480
Speaker 10: a position to where it wouldn't have to be taken

572
00:27:12,520 --> 00:27:12,760
Speaker 10: care of?

573
00:27:12,800 --> 00:27:12,919
Speaker 9: Him?

574
00:27:13,240 --> 00:27:15,000
Speaker 5: So you support the president taking this.

575
00:27:14,920 --> 00:27:16,200
Speaker 10: Action, that's time to do it.

576
00:27:16,280 --> 00:27:18,560
Speaker 2: Sorry I spoke over you. So you support the President

577
00:27:18,640 --> 00:27:19,240
Speaker 2: taking this action?

578
00:27:19,359 --> 00:27:20,040
Speaker 5: At this time.

579
00:27:21,640 --> 00:27:25,399
Speaker 10: Oh, definitely, no question. Look, the President had to make

580
00:27:25,440 --> 00:27:28,480
Speaker 10: a tough decision. This is the right call at the

581
00:27:28,560 --> 00:27:31,119
Speaker 10: right time. We know that prices are going to go

582
00:27:31,200 --> 00:27:34,200
Speaker 10: up for a period of time. But once we've secured

583
00:27:34,240 --> 00:27:36,600
Speaker 10: the straight up har moves again, and once that oil

584
00:27:36,640 --> 00:27:40,359
Speaker 10: starts to move through once again, then prices will begin

585
00:27:40,400 --> 00:27:42,960
Speaker 10: to stabilize. And at some point in the future, as

586
00:27:43,000 --> 00:27:45,920
Speaker 10: there is clear evidence that we've taken out their ability

587
00:27:45,920 --> 00:27:48,679
Speaker 10: to attack that shipping, then the price will start to

588
00:27:48,720 --> 00:27:50,920
Speaker 10: not only stabilize, but it will start to come back down.

589
00:27:51,280 --> 00:27:53,679
Speaker 10: We're eight days into this. We knew this was going

590
00:27:53,760 --> 00:27:57,159
Speaker 10: to be tough, but we also know that it's the

591
00:27:57,280 --> 00:28:00,720
Speaker 10: right thing to do right time. The Iranian regime that's

592
00:28:00,800 --> 00:28:04,560
Speaker 10: in power today has no intentions of giving up their

593
00:28:04,560 --> 00:28:09,040
Speaker 10: offensive capabilities, and they clearly were working at becoming more

594
00:28:09,520 --> 00:28:12,440
Speaker 10: of a threat to their neighbors in the Middle East

595
00:28:12,480 --> 00:28:15,080
Speaker 10: and clearly a threat to US interests.

596
00:28:15,119 --> 00:28:17,640
Speaker 3: Senator, let me ask you about your appetite for potentially

597
00:28:17,680 --> 00:28:20,359
Speaker 3: a long war, potentially an expensive war. So we have

598
00:28:20,600 --> 00:28:22,439
Speaker 3: not heard the President say definitively there will be no

599
00:28:22,480 --> 00:28:24,240
Speaker 3: boots on the ground ever in Iran.

600
00:28:24,280 --> 00:28:25,480
Speaker 6: I'm curious a reaction to that.

601
00:28:25,840 --> 00:28:28,000
Speaker 3: And then also, you're back in South Dakota today, But

602
00:28:28,040 --> 00:28:29,679
Speaker 3: what do you expect the conversation is going to be

603
00:28:29,840 --> 00:28:32,680
Speaker 3: like among your colleagues on the Senate Armed Services Committee

604
00:28:32,680 --> 00:28:35,479
Speaker 3: about the prospects of an emergency defense spending package as

605
00:28:35,480 --> 00:28:36,119
Speaker 3: a result of this.

606
00:28:37,760 --> 00:28:40,600
Speaker 10: Yeah, First of all, the President is correct when he

607
00:28:40,680 --> 00:28:44,600
Speaker 10: does not commit to never doing something. In others, you

608
00:28:45,240 --> 00:28:49,000
Speaker 10: never take away options. That then gives your adversaries the

609
00:28:49,040 --> 00:28:51,640
Speaker 10: opportunity to take advantage of that. So you never take

610
00:28:51,640 --> 00:28:54,840
Speaker 10: away an option. And the President is correct and that

611
00:28:55,160 --> 00:28:57,200
Speaker 10: with regard to that. It doesn't mean he's going to

612
00:28:57,200 --> 00:29:00,120
Speaker 10: send troops in, but he never takes away the option.

613
00:29:00,440 --> 00:29:01,360
Speaker 11: That's important.

614
00:29:01,440 --> 00:29:04,560
Speaker 10: Second piece on this, Yeah, look, we know that these

615
00:29:04,600 --> 00:29:08,040
Speaker 10: are expensive. The question is is if we can get

616
00:29:08,040 --> 00:29:10,400
Speaker 10: in now and get this done in a fairly short

617
00:29:10,440 --> 00:29:13,720
Speaker 10: period of time, it would be less expensive now than

618
00:29:13,760 --> 00:29:16,280
Speaker 10: if we would have delayed it and allowed the Iranians

619
00:29:16,360 --> 00:29:21,240
Speaker 10: to continue to develop their offensive capabilities in that region.

620
00:29:21,720 --> 00:29:24,640
Speaker 10: So right time never a right time, but this is

621
00:29:24,680 --> 00:29:28,280
Speaker 10: a better time than if we would have waited another month,

622
00:29:28,320 --> 00:29:30,760
Speaker 10: two months, three months, and then had to have gone

623
00:29:30,880 --> 00:29:33,960
Speaker 10: in and found even more offensive capabilities that we would

624
00:29:33,960 --> 00:29:35,720
Speaker 10: have had to have addressed.

625
00:29:36,000 --> 00:29:38,480
Speaker 2: But with the President refusing to rule out the possibility

626
00:29:38,600 --> 00:29:40,960
Speaker 2: of troops on the ground, and you know, going to

627
00:29:41,000 --> 00:29:45,440
Speaker 2: Dover this weekend to greet those US casualties already casualties

628
00:29:45,440 --> 00:29:47,360
Speaker 2: coming back from the war. When you look at the

629
00:29:47,400 --> 00:29:50,240
Speaker 2: America First Agenda, you have to be getting at least

630
00:29:50,560 --> 00:29:53,880
Speaker 2: some inkling of concern from constituents, from supporters of the

631
00:29:53,920 --> 00:29:57,200
Speaker 2: president how this is helping them and their families if

632
00:29:57,200 --> 00:29:59,920
Speaker 2: we're looking at US casualties and higher prices in the US.

633
00:30:02,160 --> 00:30:05,360
Speaker 10: Yeah, look, number one, Like I say, nobody ever wants

634
00:30:05,400 --> 00:30:09,880
Speaker 10: to go into a war, but sometimes the responsibility of

635
00:30:09,920 --> 00:30:12,600
Speaker 10: the president is to defend the United States and that

636
00:30:12,720 --> 00:30:15,760
Speaker 10: requires judgment about what the right time it is to

637
00:30:16,480 --> 00:30:19,520
Speaker 10: bring troops in. We never want to see our young

638
00:30:19,560 --> 00:30:21,880
Speaker 10: men and women get into a fair fight. We always

639
00:30:21,880 --> 00:30:23,680
Speaker 10: want them to have the advantage.

640
00:30:23,800 --> 00:30:26,040
Speaker 2: But is this worth it? What is the President trying

641
00:30:26,080 --> 00:30:28,040
Speaker 2: to do here? And is it worth American lives?

642
00:30:30,720 --> 00:30:33,400
Speaker 10: It's not a matter of being worth it. It's a

643
00:30:33,440 --> 00:30:36,680
Speaker 10: matter of at what point do you take out a

644
00:30:36,800 --> 00:30:40,720
Speaker 10: major threat to the United States and to the stability

645
00:30:40,720 --> 00:30:44,720
Speaker 10: throughout the Middle East, And right now is the right

646
00:30:44,800 --> 00:30:48,360
Speaker 10: time to take on the Iranians and to take out

647
00:30:49,000 --> 00:30:54,120
Speaker 10: their capabilities before they develop them even more. And so look,

648
00:30:54,560 --> 00:30:56,800
Speaker 10: I was governor here in South Dakota for eight years

649
00:30:57,400 --> 00:30:59,000
Speaker 10: during the time in which we were sending young men

650
00:30:59,040 --> 00:31:01,720
Speaker 10: and women off to war. I went to thirty one funerals.

651
00:31:02,360 --> 00:31:06,120
Speaker 10: There is no leader out there that wants to go

652
00:31:06,320 --> 00:31:10,600
Speaker 10: to funerals. But there is an obligation to recognize the

653
00:31:10,640 --> 00:31:13,000
Speaker 10: threat of the loss of life for these young men

654
00:31:13,040 --> 00:31:15,600
Speaker 10: and women. And there is no such thing as as

655
00:31:15,640 --> 00:31:18,000
Speaker 10: a young man or a woman that dies in battle

656
00:31:18,000 --> 00:31:21,120
Speaker 10: where you don't affect young families. By definition, they're young,

657
00:31:21,560 --> 00:31:25,040
Speaker 10: they're warriors. This is not taken on lightly. It's a

658
00:31:25,080 --> 00:31:28,040
Speaker 10: matter of judgment and whether or not this is the

659
00:31:28,160 --> 00:31:32,240
Speaker 10: right time long term to protect us interests. I think

660
00:31:32,280 --> 00:31:35,800
Speaker 10: the President made the right decision, knowing full well that

661
00:31:35,920 --> 00:31:39,080
Speaker 10: it was a very serious decision and the threat of

662
00:31:39,080 --> 00:31:41,240
Speaker 10: the loss of life for young men and women was there.

663
00:31:41,680 --> 00:31:42,000
Speaker 6: Senator.

664
00:31:42,320 --> 00:31:44,600
Speaker 10: That's the reason why you have a president that looks

665
00:31:44,600 --> 00:31:47,440
Speaker 10: at the big picture and at what the right thing

666
00:31:47,560 --> 00:31:49,479
Speaker 10: is to do for our country long term.

667
00:31:49,880 --> 00:31:52,200
Speaker 3: Senator, there you've talked a lot about our efficacy and

668
00:31:52,240 --> 00:31:55,200
Speaker 3: striking sites within Iran military sites in Iran. There is

669
00:31:55,240 --> 00:31:58,360
Speaker 3: some concern and controversy surrounding a bombing of an elementary school,

670
00:31:58,360 --> 00:32:00,680
Speaker 3: a girls' elementary school in An in the first date

671
00:32:00,720 --> 00:32:01,800
Speaker 3: of the war. Let's take a listen to what the

672
00:32:01,800 --> 00:32:03,320
Speaker 3: President had to say to a reporter on the plane

673
00:32:03,400 --> 00:32:05,120
Speaker 3: yesterday at about.

674
00:32:04,840 --> 00:32:08,960
Speaker 7: That based on what I've seen, that was done by Iran?

675
00:32:10,040 --> 00:32:12,320
Speaker 2: Is that true, mister nixspt it was Iran who did not.

676
00:32:12,520 --> 00:32:13,760
Speaker 6: We're certainly investigating.

677
00:32:15,160 --> 00:32:20,840
Speaker 3: The only side that targets civilians is Iran, and that

678
00:32:20,880 --> 00:32:23,080
Speaker 3: assessment that this was done by Iron runs counter to

679
00:32:23,080 --> 00:32:25,200
Speaker 3: what news organizations include the New York Times have put

680
00:32:25,240 --> 00:32:28,560
Speaker 3: together looking at all of the visual evidence. I'm curious

681
00:32:28,560 --> 00:32:30,680
Speaker 3: sort of how you see this proceeding from your vantage

682
00:32:30,680 --> 00:32:33,120
Speaker 3: on the Armed Services Committee, you anticipate hearings. Are you

683
00:32:33,240 --> 00:32:35,200
Speaker 3: confident in that investigation that's going to take place by

684
00:32:35,240 --> 00:32:37,000
Speaker 3: the Pentagon here in the minute we have left.

685
00:32:38,800 --> 00:32:39,000
Speaker 4: Yeah.

686
00:32:39,680 --> 00:32:44,640
Speaker 10: Number one, nobody in the United States targets civilians. We

687
00:32:44,800 --> 00:32:50,920
Speaker 10: just simply we don't do that, and particularly children. Iran does.

688
00:32:52,320 --> 00:32:57,120
Speaker 10: Terrorist organization don't know for sure what happened right now,

689
00:32:57,600 --> 00:33:00,040
Speaker 10: excuse me. What we do know is that we do

690
00:33:00,080 --> 00:33:02,520
Speaker 10: a better job of actually laying out what actually does

691
00:33:02,560 --> 00:33:05,920
Speaker 10: happen once we complete an investigation. We don't know whether

692
00:33:05,960 --> 00:33:08,400
Speaker 10: that was sitting right next to a very sensitive military site,

693
00:33:08,440 --> 00:33:11,320
Speaker 10: whether or not the Iranians built something right next to

694
00:33:11,360 --> 00:33:13,680
Speaker 10: a school with the intent of trying to protect that

695
00:33:13,720 --> 00:33:17,400
Speaker 10: military site. So let us do the investigation, let us

696
00:33:17,480 --> 00:33:19,520
Speaker 10: lay this thing out. The one thing that you do

697
00:33:19,640 --> 00:33:22,000
Speaker 10: know is that in the United States we will do

698
00:33:22,040 --> 00:33:24,920
Speaker 10: a good job of looking at it. But most importantly,

699
00:33:25,400 --> 00:33:28,720
Speaker 10: we do our best with our strategic weapons systems, with

700
00:33:28,840 --> 00:33:33,120
Speaker 10: our very capable smart weapon systems, to avoid doing damage.

701
00:33:33,200 --> 00:33:36,920
Speaker 10: But when you have this type of a conflict, unfortunately

702
00:33:37,560 --> 00:33:39,920
Speaker 10: there are times in which civilians are hit. We don't

703
00:33:40,000 --> 00:33:41,480
Speaker 10: like it, we don't want it.

704
00:33:41,640 --> 00:33:42,360
Speaker 5: Thank you so much.

705
00:33:42,840 --> 00:33:45,280
Speaker 10: Sometimes it happens very unfortunately, SATA.

706
00:33:45,320 --> 00:33:47,040
Speaker 3: Thank you very much that Senator Mike Brown's joined us

707
00:33:47,040 --> 00:33:48,600
Speaker 3: from South Dakota on this Sunday morning.

708
00:33:49,920 --> 00:33:53,000
Speaker 6: Stay with us for more on Bloomberg this weekend.

709
00:33:53,360 --> 00:34:08,080
Speaker 2: Right after this, Welcome back to Bloomberg this weekend. I'm

710
00:34:08,120 --> 00:34:12,040
Speaker 2: Christina Rafini here with David Gera. It is International Women's Day,

711
00:34:12,040 --> 00:34:14,480
Speaker 2: and as we were talking around the newsroom about who

712
00:34:14,640 --> 00:34:16,680
Speaker 2: some of the toughest, coolest women.

713
00:34:16,440 --> 00:34:17,160
Speaker 5: Were out there.

714
00:34:18,200 --> 00:34:20,960
Speaker 2: These two guests are who we thought of. They not

715
00:34:21,000 --> 00:34:23,840
Speaker 2: only shared a podium, they are both mothers of young children,

716
00:34:24,200 --> 00:34:27,240
Speaker 2: something that in previous decades would have ruled them out.

717
00:34:27,080 --> 00:34:27,800
Speaker 5: Of metal contention.

718
00:34:27,920 --> 00:34:30,120
Speaker 3: We're talking, of course, of Kaylee Humphries and a lot

719
00:34:30,120 --> 00:34:32,280
Speaker 3: of Myers Taylor's of the US women's bob sled teams.

720
00:34:32,280 --> 00:34:34,279
Speaker 2: Take a listen, Alan, I want to start with you

721
00:34:34,360 --> 00:34:36,239
Speaker 2: first of all, who do you have there?

722
00:34:36,320 --> 00:34:37,640
Speaker 5: I want to thank you for being.

723
00:34:37,480 --> 00:34:40,319
Speaker 2: With us and just talk about this is not your

724
00:34:40,400 --> 00:34:42,759
Speaker 2: first Olympics, but why it meant so much to be

725
00:34:42,800 --> 00:34:44,960
Speaker 2: on top of that podium again and to have your

726
00:34:45,000 --> 00:34:45,560
Speaker 2: family with you.

727
00:34:47,280 --> 00:34:50,680
Speaker 12: I have my son here, Noah, and he is very excited,

728
00:34:50,719 --> 00:34:54,080
Speaker 12: so he's trying to press all my computer keys and everything.

729
00:34:54,520 --> 00:34:55,920
Speaker 5: But the real.

730
00:34:55,719 --> 00:34:58,040
Speaker 12: Reason they was so exciting is because they're my motivation,

731
00:34:58,160 --> 00:35:01,680
Speaker 12: my kids, both of them. My older son Noah, my

732
00:35:01,719 --> 00:35:04,360
Speaker 12: older son Nico who's six, and my younger son, Noah,

733
00:35:04,480 --> 00:35:07,840
Speaker 12: who's three. They're my motivation for continuing in the sport.

734
00:35:08,520 --> 00:35:11,080
Speaker 12: They're both deaf, and I just wanted to show them

735
00:35:11,280 --> 00:35:14,000
Speaker 12: that regardless of what the world tells you, you can

736
00:35:14,080 --> 00:35:16,400
Speaker 12: go after your dreams and you could pursue them, unfortunately

737
00:35:16,480 --> 00:35:18,320
Speaker 12: for me, and it add a gold medal.

738
00:35:18,840 --> 00:35:21,839
Speaker 2: That's so amazing because for so long, first of all,

739
00:35:21,840 --> 00:35:23,440
Speaker 2: it was women can have it all, and then it

740
00:35:23,480 --> 00:35:26,160
Speaker 2: was maybe women can't have it all, and then but

741
00:35:26,239 --> 00:35:29,360
Speaker 2: there's this idea that maybe women can have both. And

742
00:35:29,440 --> 00:35:32,360
Speaker 2: can you talk a little bit about, Kaylee, what the

743
00:35:32,360 --> 00:35:34,600
Speaker 2: difference is between that, Like, maybe we can't have everything,

744
00:35:34,640 --> 00:35:37,600
Speaker 2: but you can be a mom and be a bad

745
00:35:37,640 --> 00:35:38,960
Speaker 2: US Olympian at the same time.

746
00:35:39,840 --> 00:35:41,840
Speaker 11: I think for a lot of years, especially growing up

747
00:35:41,880 --> 00:35:44,040
Speaker 11: in a very male dominated sport, you know, you always

748
00:35:44,040 --> 00:35:46,160
Speaker 11: get told as soon as you hit forty it's done.

749
00:35:46,360 --> 00:35:48,520
Speaker 11: As soon as you become a mom, your body's never

750
00:35:48,560 --> 00:35:50,840
Speaker 11: going to be the same, and there's all these misconceptions

751
00:35:51,200 --> 00:35:53,280
Speaker 11: and a lot of my career had a lot of people,

752
00:35:53,560 --> 00:35:55,880
Speaker 11: you know, say that I couldn't do things place to

753
00:35:55,960 --> 00:35:57,720
Speaker 11: target on my back, it was never going to happen.

754
00:35:58,360 --> 00:36:01,480
Speaker 11: And so believing in yourself, believe in what's possible, and

755
00:36:01,600 --> 00:36:04,160
Speaker 11: dreaming big is a huge part that I think Alana

756
00:36:04,200 --> 00:36:06,319
Speaker 11: and myself have always done. And so to be able

757
00:36:06,400 --> 00:36:09,319
Speaker 11: to stand on that podium, you know, for me to

758
00:36:09,360 --> 00:36:12,080
Speaker 11: be able to earn two medals at this Olympics to

759
00:36:12,160 --> 00:36:13,880
Speaker 11: know that I did it, you know, a year and

760
00:36:13,920 --> 00:36:17,080
Speaker 11: a half postpartum, and there was a lot of doubt,

761
00:36:17,120 --> 00:36:18,960
Speaker 11: even in my own mind, but I wanted to go

762
00:36:19,000 --> 00:36:21,239
Speaker 11: out there put my best foot forward. I had a

763
00:36:21,239 --> 00:36:24,239
Speaker 11: great team surrounding me, believing in me and what was possible.

764
00:36:24,680 --> 00:36:26,719
Speaker 11: And you know, Alana and I were able to get

765
00:36:26,719 --> 00:36:29,000
Speaker 11: it done and be able to show everybody that because

766
00:36:29,040 --> 00:36:32,160
Speaker 11: your mom, because of you know, whatever limitations people want

767
00:36:32,200 --> 00:36:33,759
Speaker 11: to place upon you, you know, if you dream, bag

768
00:36:33,800 --> 00:36:35,720
Speaker 11: and work hard, you can make anything happen.

769
00:36:35,920 --> 00:36:37,840
Speaker 2: Alana, I want to ask you and correct me if

770
00:36:37,880 --> 00:36:39,920
Speaker 2: I'm wrong, but I think this is correct. You have

771
00:36:40,000 --> 00:36:42,880
Speaker 2: the most medals for a black athlete in the Winter

772
00:36:43,000 --> 00:36:44,560
Speaker 2: Olympics in history.

773
00:36:44,680 --> 00:36:49,440
Speaker 5: Correct, Yes, that's correct. I mean if I could, we

774
00:36:49,640 --> 00:36:51,440
Speaker 5: just might drop at that and leave it there.

775
00:36:51,440 --> 00:36:53,719
Speaker 2: I would literally tell that to everyone I met from

776
00:36:53,719 --> 00:36:53,960
Speaker 2: like the.

777
00:36:53,880 --> 00:36:56,279
Speaker 5: Grocery store of the post office. But one of the

778
00:36:56,320 --> 00:36:57,360
Speaker 5: other moments that I thought was.

779
00:36:57,360 --> 00:36:59,920
Speaker 2: So amazing is you know, you guys are both in

780
00:37:00,200 --> 00:37:02,319
Speaker 2: forties too, so not only are you moms, but you

781
00:37:02,360 --> 00:37:05,040
Speaker 2: are on the older end of spectrum for people who

782
00:37:05,120 --> 00:37:06,520
Speaker 2: are doing the Olympics.

783
00:37:06,520 --> 00:37:07,479
Speaker 5: And that was a big story.

784
00:37:07,520 --> 00:37:10,520
Speaker 2: This year too, was older athletes coming back and proving

785
00:37:10,520 --> 00:37:13,120
Speaker 2: they've still got it. What was it like to know,

786
00:37:13,880 --> 00:37:16,440
Speaker 2: as a mom of two kids, as a woman in

787
00:37:16,480 --> 00:37:18,799
Speaker 2: her forties, that you were standing there on top of

788
00:37:18,800 --> 00:37:21,520
Speaker 2: that podium with yet another gold medal around your neck.

789
00:37:22,960 --> 00:37:23,719
Speaker 12: I mean, that's the thing.

790
00:37:23,760 --> 00:37:26,520
Speaker 6: It took me two kids and almost twenty years to

791
00:37:26,560 --> 00:37:27,640
Speaker 6: finally win a gold medal.

792
00:37:27,680 --> 00:37:31,000
Speaker 12: You know, I've been fortunate to win medals before, so

793
00:37:31,600 --> 00:37:34,320
Speaker 12: to finally win a gold at this age, and having

794
00:37:34,320 --> 00:37:36,880
Speaker 12: two kids, when it's improbable, when it's against all odds,

795
00:37:37,360 --> 00:37:39,600
Speaker 12: it was really cool. And it just goes to show you,

796
00:37:39,680 --> 00:37:43,000
Speaker 12: like I am a big proponent of the village I've

797
00:37:43,000 --> 00:37:44,799
Speaker 12: had around me, and I've had a lot of great people,

798
00:37:44,840 --> 00:37:48,080
Speaker 12: whether it's nannies, whether it's my husband. My kids for

799
00:37:48,120 --> 00:37:50,880
Speaker 12: the most part, are behind our dreams.

800
00:37:51,080 --> 00:37:52,719
Speaker 2: Listen, we're talking about the realities.

801
00:37:52,800 --> 00:37:53,840
Speaker 5: I think this is perfect.

802
00:37:56,360 --> 00:37:58,720
Speaker 6: You know, it's just been a journey from starting to finish.

803
00:37:58,760 --> 00:38:00,879
Speaker 12: But I think it's really cool that show that if

804
00:38:00,880 --> 00:38:02,680
Speaker 12: you're given the right support system, if you have the

805
00:38:02,760 --> 00:38:05,280
Speaker 12: right supports, there's no limit to what women can accomplish,

806
00:38:05,320 --> 00:38:08,000
Speaker 12: regardless of the age, regardless of how many children they have,

807
00:38:08,160 --> 00:38:11,000
Speaker 12: but I just want to emphasize it does take a village,

808
00:38:11,040 --> 00:38:13,439
Speaker 12: and it does require a lot of support. I think

809
00:38:13,440 --> 00:38:15,600
Speaker 12: we need to just do more as a society to

810
00:38:15,640 --> 00:38:17,560
Speaker 12: make sure women are supported at all stages.

811
00:38:17,600 --> 00:38:20,960
Speaker 3: About Hey, let me ask you lastly just about like

812
00:38:21,000 --> 00:38:22,839
Speaker 3: one part of that village, and that is you guys

813
00:38:23,120 --> 00:38:26,600
Speaker 3: as teammates, and like what kind of conversation exists about

814
00:38:26,640 --> 00:38:29,200
Speaker 3: what you all are going through these big moments in

815
00:38:29,239 --> 00:38:33,280
Speaker 3: each other's lives and how you're thinking about that particular

816
00:38:33,280 --> 00:38:35,759
Speaker 3: part of the village that the team itself figuring all

817
00:38:35,800 --> 00:38:36,280
Speaker 3: of this out.

818
00:38:37,520 --> 00:38:39,280
Speaker 11: Yeah, a lot of them. And I have been fortunate

819
00:38:39,320 --> 00:38:44,439
Speaker 11: we've shared five Olympic podiums together, so you know, most

820
00:38:44,440 --> 00:38:47,880
Speaker 11: of our career has been on the Olympic podium together.

821
00:38:48,920 --> 00:38:51,919
Speaker 11: Just like any athlete's journey, you have an individual path,

822
00:38:51,960 --> 00:38:54,920
Speaker 11: and I think motherhood is no different. You know, my

823
00:38:55,040 --> 00:38:57,120
Speaker 11: path is different than alone his path. And you know

824
00:38:57,440 --> 00:39:01,520
Speaker 11: we're similar yet very different and in a lot of aspects.

825
00:39:02,000 --> 00:39:04,759
Speaker 11: But I think for me specifically, and I hope a

826
00:39:04,800 --> 00:39:06,520
Speaker 11: lot it can say the same. You know, we've really

827
00:39:06,520 --> 00:39:09,799
Speaker 11: pushed each other. I think when it comes to motherhood.

828
00:39:10,120 --> 00:39:12,239
Speaker 11: You know, she's a little farther ahead than I am.

829
00:39:12,320 --> 00:39:14,279
Speaker 11: Her kids are a little older, but there were there

830
00:39:14,280 --> 00:39:16,319
Speaker 11: were questions. You know, what happens if you kid ask

831
00:39:16,400 --> 00:39:18,400
Speaker 11: with a hospital, what happens when you're on tour, and

832
00:39:18,440 --> 00:39:21,399
Speaker 11: this happens. And so I've been able to and she's

833
00:39:21,400 --> 00:39:24,000
Speaker 11: been gracious enough to kind of fill me in on

834
00:39:24,040 --> 00:39:28,040
Speaker 11: what happens, having been in that side before. And then there's,

835
00:39:28,280 --> 00:39:30,439
Speaker 11: you know, the sports side of things, and I get

836
00:39:30,440 --> 00:39:33,200
Speaker 11: to be the athlete I am because she motivates and

837
00:39:33,239 --> 00:39:36,120
Speaker 11: pushes me to be the best, because she's working super

838
00:39:36,120 --> 00:39:39,560
Speaker 11: hard to beat me and vice versa. There are times,

839
00:39:39,880 --> 00:39:41,920
Speaker 11: you know, when I went a race by one hundredth

840
00:39:41,960 --> 00:39:44,360
Speaker 11: of a second and she's won a race by one

841
00:39:44,400 --> 00:39:46,680
Speaker 11: hundredth of a second, and so we push each other

842
00:39:46,960 --> 00:39:48,560
Speaker 11: to be the best. I know she's out there working

843
00:39:48,600 --> 00:39:50,200
Speaker 11: every day, and I think that's what makes us so

844
00:39:50,239 --> 00:39:53,120
Speaker 11: successful on Team USA as a whole, that we can

845
00:39:53,200 --> 00:39:55,879
Speaker 11: be on the podium for five Olympics in a row

846
00:39:55,920 --> 00:40:00,160
Speaker 11: together because you know, we've got great support as a

847
00:40:00,160 --> 00:40:02,480
Speaker 11: whole within the USA Bob Sled and Team USA, but

848
00:40:02,520 --> 00:40:05,040
Speaker 11: we really push each other to be the best version

849
00:40:05,080 --> 00:40:06,879
Speaker 11: I know she's out there working hard. I'm out there

850
00:40:06,920 --> 00:40:09,840
Speaker 11: working hard. Neither of us can relax really when it

851
00:40:09,840 --> 00:40:12,319
Speaker 11: comes to the competition piece. But at the end of

852
00:40:12,320 --> 00:40:14,640
Speaker 11: the day, we know that we're supported with our team

853
00:40:14,920 --> 00:40:18,160
Speaker 11: and our team of teams, and that's really what elevates

854
00:40:18,280 --> 00:40:20,520
Speaker 11: us as a nation compared to the rest of the world.

855
00:40:20,560 --> 00:40:22,560
Speaker 2: It takes a village, sometimes it's an Olympic village, so

856
00:40:22,840 --> 00:40:24,480
Speaker 2: that the people we have around you.

857
00:40:24,880 --> 00:40:26,320
Speaker 5: Thank you both honor to talk to you.

858
00:40:26,440 --> 00:40:27,439
Speaker 6: Yeah, thank you very much.

859
00:40:27,600 --> 00:40:28,719
Speaker 5: No, I don't know if you can see me.

860
00:40:28,880 --> 00:40:29,319
Speaker 6: Thank you.

861
00:40:29,520 --> 00:40:30,879
Speaker 5: We appreciate you being with us.

862
00:40:31,320 --> 00:40:32,959
Speaker 6: Bye, guys, bye bye.

863
00:40:35,680 --> 00:40:38,600
Speaker 2: Thanks for joining us on today's Bloomberg This Weekend podcast.

864
00:40:38,760 --> 00:40:41,000
Speaker 2: Don't forget to tune in live for the show every

865
00:40:41,040 --> 00:40:43,680
Speaker 2: Saturday and Sunday morning, starting at seven am Eastern.

866
00:40:43,760 --> 00:40:46,759
Speaker 3: We're on Bloomberg Television Radio and the Bloomberg Business App,

867
00:40:46,880 --> 00:40:50,360
Speaker 3: bringing you unique takes and in depth interviews on news, politics,

868
00:40:50,480 --> 00:40:51,680
Speaker 3: lifestyle and culture.