1 00:00:00,880 --> 00:00:04,400 Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us 2 00:00:04,400 --> 00:00:07,600 Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the 3 00:00:07,640 --> 00:00:10,760 Speaker 1: iHeartRadio app and the Bloomberg Business app, or listening on 4 00:00:10,800 --> 00:00:12,720 Speaker 1: demand wherever you get your podcast. 5 00:00:14,120 --> 00:00:17,159 Speaker 2: I'm Joe Matthew in Washington, where we are waiting for 6 00:00:17,200 --> 00:00:20,239 Speaker 2: the return of President Biden. He's on his way now 7 00:00:20,239 --> 00:00:22,720 Speaker 2: after his trip to India for the G twenty, of course, 8 00:00:22,760 --> 00:00:26,200 Speaker 2: to stop along the way in Vietnam, where he played 9 00:00:26,200 --> 00:00:28,800 Speaker 2: down claims in a news conference that the US wants 10 00:00:28,840 --> 00:00:29,960 Speaker 2: to isolate China. 11 00:00:30,280 --> 00:00:33,680 Speaker 3: I met with his number two person here and excuse 12 00:00:33,720 --> 00:00:39,519 Speaker 3: me in India today, So it's not like there's a 13 00:00:40,960 --> 00:00:43,559 Speaker 3: crisis if I don't personally speak to me better if 14 00:00:43,600 --> 00:00:49,000 Speaker 3: I did. But I think, look, this is not a criticism, 15 00:00:49,159 --> 00:00:52,800 Speaker 3: it's an observation. He has his hands full right now. 16 00:00:54,560 --> 00:00:57,560 Speaker 2: So where are we in the relationship and what comes 17 00:00:57,600 --> 00:01:01,000 Speaker 2: of this trip. We're joined in studio by miss jem Risco, 18 00:01:01,160 --> 00:01:03,960 Speaker 2: my old colleague now with us in Washington, d C. 19 00:01:04,080 --> 00:01:06,440 Speaker 2: It's great to see you carrying the title Bloomberg News 20 00:01:06,440 --> 00:01:11,280 Speaker 2: White House Senior Reporter. So let's start with the takeaways here, 21 00:01:11,319 --> 00:01:14,080 Speaker 2: and the messaging is the US learning, is the president 22 00:01:14,160 --> 00:01:17,080 Speaker 2: learning new ways to counter China. It was widely noted 23 00:01:17,120 --> 00:01:19,920 Speaker 2: that President She was not in the room for this confab. 24 00:01:20,040 --> 00:01:22,360 Speaker 2: That gave the president free reign to do what he 25 00:01:22,400 --> 00:01:22,840 Speaker 2: needed to do. 26 00:01:23,000 --> 00:01:25,039 Speaker 4: Yeah, I mean, Joe, you know how these summits usually go. 27 00:01:25,200 --> 00:01:28,240 Speaker 4: That's a lot on form and style over substance. And 28 00:01:28,240 --> 00:01:30,839 Speaker 4: I think in terms of that first category, style and form, 29 00:01:30,880 --> 00:01:33,200 Speaker 4: I think he's checking some boxes here. He saw the 30 00:01:33,240 --> 00:01:36,520 Speaker 4: opening China and Russia absent from this summit. He wants 31 00:01:36,560 --> 00:01:38,440 Speaker 4: to move in and kind of appeal to the so 32 00:01:38,480 --> 00:01:41,480 Speaker 4: called Global South countries that have been asking for more 33 00:01:41,560 --> 00:01:44,640 Speaker 4: from this US led coalition. And he did do that. 34 00:01:44,720 --> 00:01:45,800 Speaker 5: He spoke to them. 35 00:01:46,120 --> 00:01:48,080 Speaker 4: He spoke to them in a lot of their own language, 36 00:01:48,120 --> 00:01:52,560 Speaker 4: and he was speaking to China's so called weakness right now. 37 00:01:52,760 --> 00:01:55,520 Speaker 4: It's kind of weakness in its position economically as well 38 00:01:55,520 --> 00:01:58,840 Speaker 4: as potentially politically. So I think that quote kind of 39 00:01:58,840 --> 00:02:00,880 Speaker 4: says it all. He says he has his hands full 40 00:02:00,960 --> 00:02:03,240 Speaker 4: right now talking about President She. That was a not 41 00:02:03,360 --> 00:02:06,440 Speaker 4: so veiled swipe. Also, you know at what they're dealing 42 00:02:06,480 --> 00:02:10,120 Speaker 4: with economically in China and what that means for potentially 43 00:02:10,160 --> 00:02:11,760 Speaker 4: their position of power in the world. 44 00:02:11,639 --> 00:02:14,000 Speaker 2: Even seemed to indicate that it would keep China from 45 00:02:14,040 --> 00:02:15,040 Speaker 2: invading Taiwan. 46 00:02:15,120 --> 00:02:15,400 Speaker 6: That's right. 47 00:02:15,480 --> 00:02:17,920 Speaker 2: So the headline that seems to be resonating here, the 48 00:02:18,000 --> 00:02:21,080 Speaker 2: Communic KAE always comes with a certain amount of angst, 49 00:02:22,040 --> 00:02:24,680 Speaker 2: not much more than this time, though official say they 50 00:02:24,720 --> 00:02:28,320 Speaker 2: worked on this through three hundred hours of meetings. It 51 00:02:28,360 --> 00:02:31,280 Speaker 2: does not single out Russia for its invasion of Ukraine, 52 00:02:32,000 --> 00:02:35,880 Speaker 2: but it does say that there were different views and 53 00:02:35,919 --> 00:02:38,600 Speaker 2: assessments of the situation. What do we take from the 54 00:02:38,600 --> 00:02:40,600 Speaker 2: Communic k Whether you like the writing or not, I 55 00:02:40,639 --> 00:02:43,080 Speaker 2: could read it to you here. All states must refrain 56 00:02:43,160 --> 00:02:46,359 Speaker 2: from the threat or use of force to seek territorial acquisition. 57 00:02:46,440 --> 00:02:48,000 Speaker 2: But for many it just didn't go far enough. 58 00:02:48,120 --> 00:02:50,720 Speaker 4: Yeah, leaning on the UN language there was the safest 59 00:02:50,720 --> 00:02:53,720 Speaker 4: way to go and in order to bring the representatives 60 00:02:53,720 --> 00:02:55,680 Speaker 4: from China and Russia on board for some sort of 61 00:02:55,720 --> 00:02:59,280 Speaker 4: G twenty agreement. Now, remember, over the past couple of years, 62 00:02:59,360 --> 00:03:01,880 Speaker 4: and ever since the war started, really, there have been 63 00:03:01,919 --> 00:03:05,240 Speaker 4: a lot of tie ups in communicate language because the 64 00:03:05,360 --> 00:03:08,200 Speaker 4: US led coalition wanted to say Russia is the aggressor, 65 00:03:08,280 --> 00:03:11,320 Speaker 4: because they said something about sanctions. This time, those two 66 00:03:11,320 --> 00:03:14,000 Speaker 4: components were removed they leaned on that un language, just 67 00:03:14,040 --> 00:03:16,640 Speaker 4: the facts, and they could kind of focus on other things, 68 00:03:16,639 --> 00:03:20,160 Speaker 4: so sort of a short term sacrifice. Of course, Ukraine 69 00:03:20,240 --> 00:03:23,040 Speaker 4: and others not pleased, but the US saw an opening 70 00:03:23,360 --> 00:03:25,640 Speaker 4: to kind of push forward on other issues, and in 71 00:03:25,720 --> 00:03:28,200 Speaker 4: order to do that, they wanted to kind of leave 72 00:03:28,280 --> 00:03:30,520 Speaker 4: the war language to the side for a bit. 73 00:03:30,880 --> 00:03:34,000 Speaker 2: We're spending time with Bloomberg White House reporter Michelle jam Risco, 74 00:03:34,120 --> 00:03:37,680 Speaker 2: Senior reporter, I should say, and it's a perfect time 75 00:03:37,680 --> 00:03:39,440 Speaker 2: for you to join us because you were way ahead 76 00:03:39,600 --> 00:03:43,040 Speaker 2: on this idea of the Global South rising, which is 77 00:03:43,080 --> 00:03:47,200 Speaker 2: something that is now a mainstream part of the conversation. 78 00:03:47,360 --> 00:03:51,320 Speaker 2: It certainly was on display at this G twenty on 79 00:03:51,400 --> 00:03:54,920 Speaker 2: the recent visit to the White House by Prime Minister Modi. 80 00:03:55,040 --> 00:03:58,880 Speaker 2: Now they've each had a visit here and it's really 81 00:03:59,000 --> 00:04:02,600 Speaker 2: changed the conversation as the president in the US try 82 00:04:02,680 --> 00:04:04,640 Speaker 2: to turn away from Russia in China. But it's a 83 00:04:04,680 --> 00:04:06,040 Speaker 2: lot more complicated than that, isn't it. 84 00:04:06,160 --> 00:04:07,960 Speaker 4: Yeah, And in our teams, you know, we were looking 85 00:04:07,960 --> 00:04:10,840 Speaker 4: at this before it was cool, Right, it's kind of 86 00:04:11,120 --> 00:04:13,880 Speaker 4: become this big issue of talking about the Global South 87 00:04:13,920 --> 00:04:15,320 Speaker 4: and this tagline what does it mean? 88 00:04:15,440 --> 00:04:15,720 Speaker 2: Actually? 89 00:04:15,800 --> 00:04:18,479 Speaker 4: Well, I mean this is years in the making, but 90 00:04:18,680 --> 00:04:20,479 Speaker 4: you know, people are starting to wake up to the 91 00:04:20,520 --> 00:04:23,960 Speaker 4: fact that powers like India, which is becoming an even 92 00:04:23,960 --> 00:04:27,120 Speaker 4: bigger economic power and certainly a people power most populous 93 00:04:27,160 --> 00:04:30,320 Speaker 4: nation now, powers like India and Vietnam and the others 94 00:04:30,320 --> 00:04:33,080 Speaker 4: are so called swing states. So the US needs to 95 00:04:33,160 --> 00:04:36,000 Speaker 4: kind of convince them on certain issues. They're a bit 96 00:04:36,080 --> 00:04:39,240 Speaker 4: bothered over the last few years, to say it lightly, 97 00:04:39,320 --> 00:04:41,840 Speaker 4: about things like trying to get involved in the US 98 00:04:41,960 --> 00:04:45,960 Speaker 4: China trade war, or sanctions on Russia, or the pandemic. 99 00:04:46,120 --> 00:04:49,600 Speaker 4: You know, they don't see this US led global order 100 00:04:49,800 --> 00:04:52,880 Speaker 4: from post World War two onwards working for them today, 101 00:04:52,960 --> 00:04:56,080 Speaker 4: and they want changes. They want big changes MDB reform, 102 00:04:56,200 --> 00:04:59,240 Speaker 4: they want different trade and investment deals. They want the 103 00:04:59,320 --> 00:05:02,000 Speaker 4: US to show up the table with money, not just 104 00:05:02,279 --> 00:05:03,440 Speaker 4: you know, platitudes and. 105 00:05:05,360 --> 00:05:06,200 Speaker 2: Anything to change that. 106 00:05:06,680 --> 00:05:09,960 Speaker 4: I mean, I think he's talking to talk. Biden was 107 00:05:10,000 --> 00:05:11,920 Speaker 4: seen to be kind of speaking the language, as we 108 00:05:11,960 --> 00:05:14,479 Speaker 4: said earlier, about you know, what does the global South 109 00:05:14,520 --> 00:05:17,880 Speaker 4: want to hear in terms of infrastructure investment deals, in 110 00:05:18,240 --> 00:05:20,560 Speaker 4: terms of MDB reforms. So MDB reform has been one 111 00:05:20,600 --> 00:05:22,360 Speaker 4: of one of the ones that the US has really 112 00:05:22,360 --> 00:05:25,400 Speaker 4: been plugging as a response to these Global South requests. 113 00:05:25,440 --> 00:05:28,640 Speaker 4: And we heard from US Treasury Understructory J. Shamba last 114 00:05:28,640 --> 00:05:32,120 Speaker 4: week leading into the G twenty summit talking about how, yes, 115 00:05:32,200 --> 00:05:34,040 Speaker 4: the IMF and World Bank are going to be looking 116 00:05:34,040 --> 00:05:39,840 Speaker 4: at member quotas giving shareholders more power, so in essence, 117 00:05:39,920 --> 00:05:43,159 Speaker 4: giving Global South countries more say in how that those 118 00:05:43,200 --> 00:05:47,000 Speaker 4: institutions are run and hopefully getting more money toward real 119 00:05:47,080 --> 00:05:50,960 Speaker 4: crisis issues and not just these high fluting issues like 120 00:05:51,000 --> 00:05:54,000 Speaker 4: climate which the MDB's are kind of ill positioned to tackle. 121 00:05:54,279 --> 00:05:56,520 Speaker 2: You can see why she's senior White House reporter for 122 00:05:56,560 --> 00:05:58,680 Speaker 2: Blueberg News. I'm so glad that you're back in the 123 00:05:58,760 --> 00:06:01,800 Speaker 2: Ta Tay to be vacuating. How many years were you there? 124 00:06:01,920 --> 00:06:04,240 Speaker 2: Six years? Amazing and welcome back to you and your family. 125 00:06:04,480 --> 00:06:06,479 Speaker 2: Don't be a stranger here on sound On. Many thanks 126 00:06:06,520 --> 00:06:09,480 Speaker 2: for the insights, Michelle. Jim Risco with us here on 127 00:06:09,600 --> 00:06:12,839 Speaker 2: Bloomberg sound On. I'm Joe, Matthew and Washington as we 128 00:06:12,880 --> 00:06:15,080 Speaker 2: add another voice of the conversation. I've been looking forward 129 00:06:15,120 --> 00:06:17,960 Speaker 2: to this as well because the op ed jumped off 130 00:06:17,960 --> 00:06:21,599 Speaker 2: the page in advance of this G twenty. The headline 131 00:06:21,839 --> 00:06:25,440 Speaker 2: from Craig Singleton China's military is going global. He's with 132 00:06:25,520 --> 00:06:28,200 Speaker 2: us now, senior fellow at the Foundation for the Defense 133 00:06:28,200 --> 00:06:31,560 Speaker 2: of Democracies. Craig is great to see you. Where to begin? 134 00:06:31,680 --> 00:06:37,240 Speaker 2: As we talked to Michelle about the emerging Global South, 135 00:06:37,440 --> 00:06:40,680 Speaker 2: you seize in your story on what's happening in Cambodia 136 00:06:41,200 --> 00:06:43,320 Speaker 2: at the real naval base, and you point this out 137 00:06:43,320 --> 00:06:46,159 Speaker 2: as the example to start your piece on what China 138 00:06:46,240 --> 00:06:48,800 Speaker 2: is doing from Africa all the way to the South 139 00:06:48,880 --> 00:06:53,800 Speaker 2: China Sea, establishing strategic strong points as they're called, to 140 00:06:54,040 --> 00:06:57,440 Speaker 2: protect trade routes. But is there a lot more to it? 141 00:06:57,520 --> 00:06:59,359 Speaker 2: This is about projecting power, isn't it. 142 00:06:59,400 --> 00:07:03,240 Speaker 7: Craig absolutely, thanks for having me. I mean this impenting 143 00:07:03,279 --> 00:07:06,880 Speaker 7: inauguration of China's what will be their first into Pacific 144 00:07:07,000 --> 00:07:10,680 Speaker 7: military outposts in Cambodia. It just represents a major evolution 145 00:07:10,800 --> 00:07:14,240 Speaker 7: in China's defense posture, you know. But I think beyond ream, 146 00:07:14,640 --> 00:07:18,520 Speaker 7: China is employing all of these innovative asymmetric tactics to 147 00:07:18,600 --> 00:07:22,120 Speaker 7: sort of undercut and offset American military might, and it 148 00:07:22,160 --> 00:07:25,240 Speaker 7: has some pretty serious implications for I think the United 149 00:07:25,320 --> 00:07:27,960 Speaker 7: States and its allies. And you're right, it centers around 150 00:07:28,000 --> 00:07:32,200 Speaker 7: this notion of establishing strategic strong points around key maritime 151 00:07:32,360 --> 00:07:34,840 Speaker 7: choke points and along key trade routes around the world. 152 00:07:34,920 --> 00:07:37,920 Speaker 7: And sometimes those strong points will look like military bases 153 00:07:38,000 --> 00:07:41,040 Speaker 7: like Djibouti and the one that's coming online in Cambodia. 154 00:07:41,080 --> 00:07:43,480 Speaker 7: Other times they might just be agreements that let the 155 00:07:43,560 --> 00:07:46,560 Speaker 7: Chinese pull in their military for refueling. At the end 156 00:07:46,560 --> 00:07:48,040 Speaker 7: of the day, the Chinese are not going to go 157 00:07:48,560 --> 00:07:52,080 Speaker 7: base for base with the United States. What we really 158 00:07:52,080 --> 00:07:54,400 Speaker 7: have to understand as a country, right is the strategic 159 00:07:54,440 --> 00:07:56,880 Speaker 7: intent behind a lot of these moves, and that really 160 00:07:56,920 --> 00:08:00,840 Speaker 7: has to do with confounding and constraining US policy during 161 00:08:00,920 --> 00:08:04,400 Speaker 7: short of war scenarios and even during a contingency over Taiwan. 162 00:08:05,680 --> 00:08:09,920 Speaker 2: How about that. You mentioned Djibouti another example in your column, 163 00:08:09,920 --> 00:08:11,920 Speaker 2: and maybe this is what Cambodia is going to end 164 00:08:11,960 --> 00:08:15,920 Speaker 2: up looking like. It started as a civilian multi purpose port, 165 00:08:16,040 --> 00:08:18,200 Speaker 2: it has evolved into what you describe as a heavily 166 00:08:18,240 --> 00:08:21,400 Speaker 2: fortified base more than two hundred and fifty thousand square 167 00:08:21,400 --> 00:08:23,440 Speaker 2: feet of underground bunkers. What's all that for? 168 00:08:25,240 --> 00:08:25,720 Speaker 8: Who knows? 169 00:08:25,800 --> 00:08:27,920 Speaker 7: I mean, the Chinese have a long track record of 170 00:08:27,960 --> 00:08:31,880 Speaker 7: relying on bunkers at their strategic locations and facilities inside 171 00:08:31,880 --> 00:08:35,280 Speaker 7: of China to hide armaments and nuclear weapons and other ammunitions. 172 00:08:35,760 --> 00:08:37,720 Speaker 7: We just don't know what's really under the hood there, 173 00:08:37,800 --> 00:08:39,960 Speaker 7: and I will probably never know, and a lot of 174 00:08:39,960 --> 00:08:41,720 Speaker 7: that has to do with the lack of transparency that 175 00:08:41,760 --> 00:08:45,400 Speaker 7: the Chinese have shrouded this broader expansion in What we 176 00:08:45,480 --> 00:08:47,280 Speaker 7: really need to be concerned about, I think is that 177 00:08:47,440 --> 00:08:50,839 Speaker 7: a lot of these initial what appeared to be civilian 178 00:08:50,920 --> 00:08:55,280 Speaker 7: projects and places like Djibouti, places like the United Arab Emirates, 179 00:08:55,280 --> 00:08:58,840 Speaker 7: the places like Guada and Pakistan are starting to be 180 00:08:59,040 --> 00:09:03,079 Speaker 7: sort of augmented with military might, you know, tangible military assets. 181 00:09:03,520 --> 00:09:05,800 Speaker 7: And what happens is that the Chinese are going to 182 00:09:05,840 --> 00:09:09,200 Speaker 7: be able to project and influence along these key choke 183 00:09:09,240 --> 00:09:15,160 Speaker 7: points and frankly, I think, potentially prevent us from from 184 00:09:15,160 --> 00:09:20,079 Speaker 7: shifting resources and personnel into China's near periphery in the. 185 00:09:20,040 --> 00:09:21,320 Speaker 8: Event of a contingency. 186 00:09:21,400 --> 00:09:23,040 Speaker 7: And so the Chinese are going to be able to 187 00:09:23,040 --> 00:09:27,000 Speaker 7: build out this network over time that will be a 188 00:09:27,040 --> 00:09:29,360 Speaker 7: lot cheaper, a lot less expensive, and a lot less 189 00:09:29,800 --> 00:09:33,000 Speaker 7: you know, sort of cost prohibitive than our global footprint. 190 00:09:33,120 --> 00:09:34,280 Speaker 7: But they're going to be able to do so in 191 00:09:34,280 --> 00:09:36,960 Speaker 7: a way that actually undermines and undercuts our ability to 192 00:09:37,000 --> 00:09:37,680 Speaker 7: project strength. 193 00:09:37,760 --> 00:09:39,720 Speaker 8: And that's sort of where I think the Chinese are 194 00:09:39,720 --> 00:09:40,360 Speaker 8: heading right now. 195 00:09:41,840 --> 00:09:44,080 Speaker 2: Well, you're right that once commercial projects and the Belton 196 00:09:44,160 --> 00:09:48,240 Speaker 2: Road initiative are now being retrofitted with military assets. Was 197 00:09:48,280 --> 00:09:50,719 Speaker 2: this the purpose of Belt and Road all along? As 198 00:09:50,720 --> 00:09:53,960 Speaker 2: we consider what the Biden administration is trying to pitch 199 00:09:54,000 --> 00:09:56,640 Speaker 2: here at the G twenty as an alternative. 200 00:09:56,840 --> 00:09:58,840 Speaker 7: Michelle was right, it's time for the United States to 201 00:09:58,880 --> 00:10:01,760 Speaker 7: offers alternatives some of these countries who I think are 202 00:10:01,800 --> 00:10:04,520 Speaker 7: eager or perhaps concerned not just about the debt trap 203 00:10:04,559 --> 00:10:08,160 Speaker 7: diplomacy aspect of Belton Road, but also whether some of these. 204 00:10:08,040 --> 00:10:10,160 Speaker 8: Projects could potentially be militarized. 205 00:10:10,320 --> 00:10:12,160 Speaker 7: I wouldn't go far so far as to say that 206 00:10:12,200 --> 00:10:14,440 Speaker 7: a lot of these projects went in with a. 207 00:10:14,480 --> 00:10:16,520 Speaker 8: Strategic intent to militarize them. 208 00:10:16,520 --> 00:10:20,400 Speaker 7: But China is opportunistic, and China also recognizes, and they 209 00:10:20,440 --> 00:10:23,599 Speaker 7: publish this in their military doctrine and their military strategy, 210 00:10:23,880 --> 00:10:29,199 Speaker 7: the notion that they can leverage China's exceedingly growing global footprint, 211 00:10:29,240 --> 00:10:32,360 Speaker 7: that commercial footprint for military purposes and to confound and 212 00:10:32,400 --> 00:10:35,319 Speaker 7: replace the United States. These aren't secrets, This isn't Kraig 213 00:10:35,360 --> 00:10:38,040 Speaker 7: Singleton saying, this is what the Chinese openly say in 214 00:10:38,080 --> 00:10:40,520 Speaker 7: their doc and in their commentary, and I just think 215 00:10:40,679 --> 00:10:43,920 Speaker 7: taking them far out their word is probably an important 216 00:10:44,200 --> 00:10:48,320 Speaker 7: element for US policymakers to proactively counter these moves. 217 00:10:49,480 --> 00:10:52,480 Speaker 2: So when you see Joe Biden in the case of 218 00:10:52,520 --> 00:10:54,800 Speaker 2: this past weekend at the G twenty and also making 219 00:10:54,840 --> 00:10:58,400 Speaker 2: the visit to Vietnam, when you squint your eyes, do 220 00:10:58,440 --> 00:11:01,880 Speaker 2: you see a globe global South that could be friendlier 221 00:11:01,920 --> 00:11:04,880 Speaker 2: to the US if the right investments are made in 222 00:11:04,920 --> 00:11:07,640 Speaker 2: this case, or does China have such a head start 223 00:11:08,400 --> 00:11:11,040 Speaker 2: that it's not possible potentially. 224 00:11:11,120 --> 00:11:12,560 Speaker 7: I mean, I think a lot of these countries have 225 00:11:12,640 --> 00:11:15,720 Speaker 7: sort of been wisening up to the fact that not 226 00:11:15,800 --> 00:11:19,360 Speaker 7: all of China's aid or these infrastructure projects are sort 227 00:11:19,360 --> 00:11:22,840 Speaker 7: of without risk or without strings. They certainly are, they're 228 00:11:22,840 --> 00:11:25,719 Speaker 7: looking for alternatives. There are moments when it makes sense 229 00:11:25,720 --> 00:11:27,280 Speaker 7: for the United States to get involved, and there are 230 00:11:27,280 --> 00:11:30,840 Speaker 7: other times when perhaps other partners like Japan are better 231 00:11:30,920 --> 00:11:35,680 Speaker 7: suited to support those types of projects. And while Chijingping 232 00:11:35,760 --> 00:11:38,160 Speaker 7: obviously chose to not attend the G twenty summit for 233 00:11:38,240 --> 00:11:40,959 Speaker 7: I think a host of different reasons, the reality is 234 00:11:40,960 --> 00:11:42,720 Speaker 7: that next month he's going to be hosting the Belton 235 00:11:42,800 --> 00:11:45,240 Speaker 7: Road Forum in China that I'll have more than eighty 236 00:11:45,320 --> 00:11:49,280 Speaker 7: countries attending, and I think that's a clearer demonstration. Particularly 237 00:11:49,320 --> 00:11:53,200 Speaker 7: It's Michelle mentioned across the Global South that China's message 238 00:11:53,280 --> 00:11:55,680 Speaker 7: is not falling on deaf years, it is resonating. The 239 00:11:55,760 --> 00:11:58,360 Speaker 7: question is how does the United States, how does the 240 00:11:58,480 --> 00:12:01,360 Speaker 7: partners work together? I think to come up with an 241 00:12:01,400 --> 00:12:04,840 Speaker 7: alternative architecture that maybe a little more appealing to some 242 00:12:04,880 --> 00:12:05,520 Speaker 7: of these countries. 243 00:12:07,000 --> 00:12:09,120 Speaker 2: Rita's column in The New York Times. I found it 244 00:12:09,160 --> 00:12:09,760 Speaker 2: on the terminal. 245 00:12:09,800 --> 00:12:10,120 Speaker 1: By the way. 246 00:12:10,200 --> 00:12:13,880 Speaker 2: Guest essay from Craig Singleton, China's military is going global. Craig, 247 00:12:13,920 --> 00:12:17,280 Speaker 2: Great to have you back. Let's keep this conversation going you, 248 00:12:17,400 --> 00:12:20,640 Speaker 2: senior fellow at the Foundation for the Defense of Democracies. 249 00:12:20,720 --> 00:12:23,319 Speaker 2: Let's assemble our panel for their take. Rick Davis and 250 00:12:23,360 --> 00:12:28,000 Speaker 2: Genie Shanzino back together again, Bloomberg Politics contributors coming off 251 00:12:28,000 --> 00:12:30,160 Speaker 2: the weekend. Great to have you both here. Genie, I'll 252 00:12:30,200 --> 00:12:32,520 Speaker 2: start with you. As this president makes his way home, 253 00:12:33,080 --> 00:12:35,840 Speaker 2: was it worth the journey and did he use his time? Well, 254 00:12:35,920 --> 00:12:40,480 Speaker 2: I'm hearing more about how tired he was than initiatives 255 00:12:40,520 --> 00:12:42,360 Speaker 2: that were brought forth at the G twenty. But the 256 00:12:42,360 --> 00:12:43,640 Speaker 2: media is not fair that way. 257 00:12:43,679 --> 00:12:47,240 Speaker 9: What's your take, Yeah, it is a long trip, it 258 00:12:47,320 --> 00:12:49,520 Speaker 9: was a whirlwind, you know, I too. I'm hearing a 259 00:12:49,520 --> 00:12:52,680 Speaker 9: lot of disappointment. I think largely due to the language 260 00:12:52,720 --> 00:12:56,120 Speaker 9: of the Communica in terms of Ukraine, also in terms 261 00:12:56,160 --> 00:12:59,440 Speaker 9: of climate change. People think it wasn't tough enough. But 262 00:12:59,559 --> 00:13:02,080 Speaker 9: I do have to say there were a couple of 263 00:13:02,120 --> 00:13:05,000 Speaker 9: big proposals when it comes to confronting China, and you 264 00:13:05,120 --> 00:13:08,960 Speaker 9: just mentioned one of them, this big global infrastructure proposal, 265 00:13:09,320 --> 00:13:13,160 Speaker 9: also reinvestment in the World Bank. Those are two big 266 00:13:13,240 --> 00:13:18,320 Speaker 9: initiatives that, should they come to fruition, really do literally 267 00:13:18,400 --> 00:13:22,240 Speaker 9: lend their sort of lend to the president's ability to 268 00:13:22,320 --> 00:13:25,240 Speaker 9: confront China and the world's ability to confront China. So 269 00:13:25,559 --> 00:13:27,800 Speaker 9: I think it's a little short sighted just to look 270 00:13:27,840 --> 00:13:30,640 Speaker 9: at the language of the Communica because it was weak 271 00:13:30,800 --> 00:13:32,640 Speaker 9: and it wasn't as strong as it was last year. 272 00:13:32,880 --> 00:13:35,120 Speaker 9: But there were other things to come out of this 273 00:13:35,240 --> 00:13:36,080 Speaker 9: meeting as well. 274 00:13:37,080 --> 00:13:38,760 Speaker 2: We'll have a lot more time to get into this rick, 275 00:13:38,840 --> 00:13:41,440 Speaker 2: but in our minute that we have here, how concerned 276 00:13:41,480 --> 00:13:44,000 Speaker 2: are you about the way that communicate was finalized. 277 00:13:45,160 --> 00:13:47,160 Speaker 10: Yeah. Look, I mean I think they knew going in 278 00:13:47,200 --> 00:13:49,360 Speaker 10: it would be a challenge to try and get something 279 00:13:49,400 --> 00:13:51,640 Speaker 10: as strong as it was a year ago, especially as 280 00:13:51,679 --> 00:13:54,240 Speaker 10: it relates to the Ukraine and Russia. 281 00:13:54,280 --> 00:13:54,520 Speaker 1: You know. 282 00:13:54,640 --> 00:13:57,920 Speaker 10: But look, I think people are really missing the importance 283 00:13:57,960 --> 00:14:03,080 Speaker 10: of Biden's trip to Vietnam. Yes, frontline of concern, trade, 284 00:14:03,120 --> 00:14:06,240 Speaker 10: investment in military with China, and I think that trip 285 00:14:06,280 --> 00:14:08,360 Speaker 10: alone probably was worth the price of admission. 286 00:14:11,720 --> 00:14:15,120 Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch the 287 00:14:15,120 --> 00:14:19,000 Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the 288 00:14:19,080 --> 00:14:22,440 Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App. 289 00:14:22,560 --> 00:14:25,400 Speaker 1: You can also listen live on Amazon Alexa from our 290 00:14:25,440 --> 00:14:29,920 Speaker 1: flagship New York station just Say Alexa played Bloomberg eleven thirty. 291 00:14:31,440 --> 00:14:34,800 Speaker 2: President Biden is making his way back to Washington from 292 00:14:34,840 --> 00:14:36,920 Speaker 2: the trip over the weekend of the G twenty, the 293 00:14:36,960 --> 00:14:39,560 Speaker 2: stop in Vietnam, and he's going to be stopping in 294 00:14:39,720 --> 00:14:44,360 Speaker 2: Alaska on the way, where we do expect remarks from 295 00:14:44,520 --> 00:14:48,600 Speaker 2: the potus on this anniversary of the nine to eleven attacks. 296 00:14:48,640 --> 00:14:50,480 Speaker 2: We talked about this the end of last week. Some 297 00:14:50,680 --> 00:14:54,160 Speaker 2: criticized the President for not being either at Ground zero 298 00:14:54,200 --> 00:14:58,600 Speaker 2: in New York, Shanksville, Pennsylvania, or here in Washington across 299 00:14:58,600 --> 00:15:01,920 Speaker 2: the river at the Pentagon. But of course the administration 300 00:15:02,200 --> 00:15:05,360 Speaker 2: was well represented in all of these areas. And we'll 301 00:15:05,400 --> 00:15:07,600 Speaker 2: talk a little bit more about the anniversary later this 302 00:15:07,680 --> 00:15:11,840 Speaker 2: hour in a special conversation with David Weston. As we 303 00:15:11,880 --> 00:15:14,960 Speaker 2: mentioned though, he's on his way back following the mission 304 00:15:15,000 --> 00:15:18,240 Speaker 2: to the G twenty and spoke in his news conference 305 00:15:18,280 --> 00:15:23,760 Speaker 2: in Vietnam about the problems facing China, generating headlines on 306 00:15:23,800 --> 00:15:26,800 Speaker 2: the terminal. The economic trouble in China may, in fact, 307 00:15:26,800 --> 00:15:30,520 Speaker 2: in his view, keep China from invading Taiwan. Here's what 308 00:15:30,560 --> 00:15:30,920 Speaker 2: he said. 309 00:15:31,480 --> 00:15:35,760 Speaker 3: He has his hands full right now. He has overwhelming 310 00:15:36,560 --> 00:15:40,880 Speaker 3: unemployment with his youth. One of the major economic tenets 311 00:15:40,880 --> 00:15:43,960 Speaker 3: of his plan isn't working at all right now. I'm 312 00:15:43,960 --> 00:15:47,600 Speaker 3: not happy for that, but it's not working. So he's 313 00:15:47,720 --> 00:15:51,360 Speaker 3: trying to figure out I suspect I don't know, just 314 00:15:51,400 --> 00:15:53,760 Speaker 3: like I would trying to figure out what to do 315 00:15:53,880 --> 00:15:57,440 Speaker 3: about the particular crisis you're having now. But I don't 316 00:15:57,440 --> 00:16:01,240 Speaker 3: think it's a crisis relating to conflict between China and 317 00:16:01,280 --> 00:16:04,160 Speaker 3: the United States. As a matter of fact, I think 318 00:16:04,200 --> 00:16:08,760 Speaker 3: it's less likely to cause that kind of conflict. 319 00:16:09,320 --> 00:16:12,120 Speaker 2: Less likely to cause that kind of conflict. And of 320 00:16:12,120 --> 00:16:14,800 Speaker 2: course Joe Biden knows a bit about what it's like 321 00:16:14,840 --> 00:16:17,760 Speaker 2: to deal with economic strife, referring there to the possibility 322 00:16:17,800 --> 00:16:21,000 Speaker 2: of him meeting with President She and exactly where our 323 00:16:21,040 --> 00:16:24,600 Speaker 2: relationship stands. We reassembled our panel. Rick Davis and Genie 324 00:16:24,600 --> 00:16:28,520 Speaker 2: Shanzano joined Bloomberg Politics contributors. What's your thought on that, Rick, 325 00:16:28,560 --> 00:16:30,280 Speaker 2: there was so much talk about who was not in 326 00:16:30,320 --> 00:16:34,040 Speaker 2: the room in the case of President She, President Putin 327 00:16:34,680 --> 00:16:37,640 Speaker 2: is Joe Biden corrects on this, The President She's got 328 00:16:37,640 --> 00:16:39,920 Speaker 2: his hands full to the point where he's not so 329 00:16:40,000 --> 00:16:40,720 Speaker 2: much of a threat. 330 00:16:42,320 --> 00:16:44,360 Speaker 10: Yeah, I don't think you can diminish the threat just 331 00:16:44,400 --> 00:16:49,320 Speaker 10: by the fact that domestic economic circumstances and unemployment are 332 00:16:49,400 --> 00:16:53,640 Speaker 10: running rampant in Beijing. If anything, I mean, frankly, I 333 00:16:53,680 --> 00:16:56,680 Speaker 10: would worry more about that. I think domestic turmoil has 334 00:16:56,720 --> 00:17:02,600 Speaker 10: always been one of the contributors to adventurism around the world. 335 00:17:02,680 --> 00:17:05,560 Speaker 10: Try to take people's mind off of their own circumstance 336 00:17:05,640 --> 00:17:10,320 Speaker 10: by creating this nationalistic fervor that you know, allows you 337 00:17:10,400 --> 00:17:13,240 Speaker 10: to take an action. For instance, you know, an invasion 338 00:17:13,280 --> 00:17:16,199 Speaker 10: of Taiwan. So and by the way, I mean, I 339 00:17:16,240 --> 00:17:20,160 Speaker 10: think we've seen she talking a lot like that lately. 340 00:17:20,280 --> 00:17:23,880 Speaker 10: So I would be more concerned, not less concerned, by 341 00:17:24,000 --> 00:17:30,200 Speaker 10: an unstable domestic economic situation in China, and frankly shocked 342 00:17:30,200 --> 00:17:33,040 Speaker 10: that the president would think that China has taken its 343 00:17:33,040 --> 00:17:35,200 Speaker 10: eye off the ball at a time when all we're 344 00:17:35,200 --> 00:17:37,679 Speaker 10: talking about is their adventurism around the world. 345 00:17:39,080 --> 00:17:43,720 Speaker 2: What's your thought there, Genie. Does the economic trouble in China, 346 00:17:44,200 --> 00:17:46,600 Speaker 2: God knows, they've been trying to stimulate the economy to 347 00:17:47,160 --> 00:17:50,960 Speaker 2: come back to life here. Does it emboldened President She 348 00:17:51,200 --> 00:17:52,720 Speaker 2: or does it make him feel cornered? 349 00:17:54,440 --> 00:17:54,679 Speaker 7: You know? 350 00:17:55,000 --> 00:17:57,360 Speaker 9: I have to say I agree with Rick on this. 351 00:17:57,440 --> 00:17:59,600 Speaker 9: I think any time you're looking at a leader in 352 00:17:59,600 --> 00:18:03,600 Speaker 9: the model world who is having trouble domestically in at home, 353 00:18:03,960 --> 00:18:07,160 Speaker 9: there is always a concern that they look outward where 354 00:18:07,240 --> 00:18:11,240 Speaker 9: they can have more influence and can potentially change the 355 00:18:11,359 --> 00:18:14,199 Speaker 9: narrative at home. So I do think it is a 356 00:18:14,440 --> 00:18:17,919 Speaker 9: real concern. I was also real concern to hear the 357 00:18:17,960 --> 00:18:21,000 Speaker 9: Ministry of State Security say the other day that there's 358 00:18:21,040 --> 00:18:23,760 Speaker 9: a prospect that Ji may not come to the bilateral 359 00:18:23,800 --> 00:18:27,760 Speaker 9: meeting in November in San Francisco. You know that I 360 00:18:27,800 --> 00:18:31,080 Speaker 9: think is very troubling because you want there to be 361 00:18:31,200 --> 00:18:35,639 Speaker 9: conversation between the United States President and Ji Jinping. You 362 00:18:35,800 --> 00:18:40,040 Speaker 9: want that kind of high level diplomatic engagement, you know, 363 00:18:40,200 --> 00:18:42,480 Speaker 9: even if nothing comes of it. The fact that he 364 00:18:42,600 --> 00:18:45,760 Speaker 9: stayed away from India and now potentially may stay away 365 00:18:45,800 --> 00:18:49,560 Speaker 9: from the November meeting is I think another sign of 366 00:18:49,640 --> 00:18:54,679 Speaker 9: trouble as the US continues to, despite what the President says, 367 00:18:55,000 --> 00:18:59,359 Speaker 9: continues to befriend people right on his doorstep, something that 368 00:18:59,480 --> 00:19:02,359 Speaker 9: upset who in in the last twenty years, and something 369 00:19:02,400 --> 00:19:05,000 Speaker 9: that the US is now doing to China can have 370 00:19:05,119 --> 00:19:07,399 Speaker 9: a backlash effect as well. Not that we shouldn't be 371 00:19:07,440 --> 00:19:09,520 Speaker 9: doing it, but you've got to keep your eye on 372 00:19:09,560 --> 00:19:12,920 Speaker 9: how that's read in China. And so all of those 373 00:19:12,960 --> 00:19:15,639 Speaker 9: things I think are a real concern, not a reason 374 00:19:15,720 --> 00:19:18,240 Speaker 9: to say things are looking up from the perspective of 375 00:19:18,280 --> 00:19:20,160 Speaker 9: the US and China's relationship. 376 00:19:21,280 --> 00:19:23,760 Speaker 2: Well, the President's approach to China certainly getting a lot 377 00:19:23,760 --> 00:19:28,080 Speaker 2: of criticism from Republican presidential candidacies to soft on China. 378 00:19:28,200 --> 00:19:31,399 Speaker 2: Case in point, Nikki Haley, who talked about it on 379 00:19:31,560 --> 00:19:33,080 Speaker 2: Sunday morning on CNA. 380 00:19:33,080 --> 00:19:36,240 Speaker 11: How much more has to happen for Biden to realize 381 00:19:36,280 --> 00:19:39,680 Speaker 11: you don't send cabinet members over to China to appease them. 382 00:19:40,040 --> 00:19:42,439 Speaker 11: You start getting serious with China and say We're not 383 00:19:42,480 --> 00:19:43,040 Speaker 11: going to put. 384 00:19:42,960 --> 00:19:43,399 Speaker 8: Up with it. 385 00:19:43,800 --> 00:19:47,680 Speaker 11: They keep sending different cabinet officials over, Jake, and it's embarrassing. 386 00:19:48,080 --> 00:19:51,240 Speaker 11: You sent Ramondo right after she got hacked, her emails 387 00:19:51,240 --> 00:19:54,320 Speaker 11: got hacked by the Chinese. You sent all of these 388 00:19:54,680 --> 00:19:58,320 Speaker 11: cabinet officials over after Chinese spy Buloom went over our country. 389 00:19:58,359 --> 00:20:02,720 Speaker 11: They are putting a Chinese fib up on Cuba, off 390 00:20:02,720 --> 00:20:06,320 Speaker 11: the coast of Florida. And don't wait for the fact 391 00:20:06,359 --> 00:20:09,120 Speaker 11: that they are going to be sending Chinese military troops there. 392 00:20:09,160 --> 00:20:10,960 Speaker 11: What are we doing appeasing China? 393 00:20:12,080 --> 00:20:15,879 Speaker 2: Of course the White House Rick thinks it's avoiding conflict, 394 00:20:15,920 --> 00:20:18,919 Speaker 2: not appeasing China, but trying to keep the train on 395 00:20:18,960 --> 00:20:21,360 Speaker 2: the tracks here and not have a real cold war. 396 00:20:21,400 --> 00:20:21,920 Speaker 2: Who's right? 397 00:20:24,080 --> 00:20:25,960 Speaker 10: Look, I mean, whether we like it or not, I 398 00:20:26,000 --> 00:20:31,400 Speaker 10: mean China is acting very provocatively. Nikki Haley is absolutely right. 399 00:20:31,520 --> 00:20:36,280 Speaker 10: You know, their relations with the Solomon Islands is pressing 400 00:20:36,320 --> 00:20:42,720 Speaker 10: our Pacific presence. Their bases in Djibouti or military bases 401 00:20:42,800 --> 00:20:45,679 Speaker 10: their spy locations in Cuba. I mean, I'd ask Genie, 402 00:20:46,080 --> 00:20:49,040 Speaker 10: what the heck are we How can we get criticism 403 00:20:49,080 --> 00:20:53,920 Speaker 10: for going to places like Ukraine and Vietnam if this 404 00:20:54,000 --> 00:20:58,400 Speaker 10: is the actions of our chief competitor, China. Look, whether 405 00:20:58,400 --> 00:21:00,800 Speaker 10: we like it or not. And you can call it 406 00:21:00,800 --> 00:21:02,760 Speaker 10: a cold war, you can call it something else, but 407 00:21:02,880 --> 00:21:06,600 Speaker 10: we are in an active global competition for the favor 408 00:21:06,680 --> 00:21:11,000 Speaker 10: of nations that are free versus those that are associating 409 00:21:11,080 --> 00:21:14,760 Speaker 10: with with with dictators around the world. And and anybody 410 00:21:14,760 --> 00:21:18,399 Speaker 10: who doesn't think that this is an active competition is 411 00:21:18,520 --> 00:21:21,840 Speaker 10: misreading the tea leaves of the world movement right now. 412 00:21:21,960 --> 00:21:26,200 Speaker 10: And and so I really think that Nikki Haley nailed 413 00:21:26,240 --> 00:21:29,119 Speaker 10: it right. I mean, she knows that this competition exists. 414 00:21:29,119 --> 00:21:32,000 Speaker 10: She's seen it firsthand in the in the in the 415 00:21:32,000 --> 00:21:35,960 Speaker 10: Trump administration. And I think, frankly, is one of the 416 00:21:36,080 --> 00:21:41,080 Speaker 10: very few presidential candidates who's espousing a more robust and 417 00:21:42,640 --> 00:21:46,440 Speaker 10: capable US foreign policy. And and frankly, I'd much rather 418 00:21:46,480 --> 00:21:50,719 Speaker 10: see she standing next to Nicki Haley than to President Biden, 419 00:21:50,760 --> 00:21:54,160 Speaker 10: who somehow thinks that he deserves a break because he's 420 00:21:54,280 --> 00:21:55,480 Speaker 10: got a bad economy. 421 00:21:56,600 --> 00:21:59,600 Speaker 2: Well that look, that brings us to the issue of 422 00:22:00,359 --> 00:22:02,760 Speaker 2: the way he comported himself some of the things that 423 00:22:03,080 --> 00:22:06,439 Speaker 2: Joe Biden said on the visit. Genie, you can certainly 424 00:22:06,520 --> 00:22:09,120 Speaker 2: weigh in on what Rick said. But you know, if 425 00:22:09,119 --> 00:22:12,159 Speaker 2: you don't know whether it's morning or night, it is 426 00:22:12,200 --> 00:22:17,280 Speaker 2: a little bit difficult to express authority or to project power. 427 00:22:17,359 --> 00:22:19,159 Speaker 2: You might suggest you have this moment. 428 00:22:22,840 --> 00:22:25,160 Speaker 3: This around the world in five days is interesting. 429 00:22:26,280 --> 00:22:29,520 Speaker 2: It is evening, he said. He was even asked how 430 00:22:29,520 --> 00:22:31,680 Speaker 2: he was doing by a couple of reporters who told 431 00:22:31,720 --> 00:22:34,640 Speaker 2: him that it was in fact evening time. 432 00:22:34,800 --> 00:22:36,000 Speaker 8: Good evening, miss a president. 433 00:22:36,240 --> 00:22:40,440 Speaker 3: Are you thank you? These five day trips around the 434 00:22:40,480 --> 00:22:41,320 Speaker 3: world are no problem. 435 00:22:41,480 --> 00:22:43,840 Speaker 9: I can imagine it is the evening. I'd like to. 436 00:22:43,920 --> 00:22:49,720 Speaker 2: Remind you, these five day trips around the world no problem, Genie, 437 00:22:49,760 --> 00:22:52,159 Speaker 2: How did the president do? Did he just make his 438 00:22:52,200 --> 00:22:54,639 Speaker 2: life more difficult here? Because when we're talking about the 439 00:22:54,680 --> 00:22:57,840 Speaker 2: age issue, the cognitive issue, it's trips like these that 440 00:22:57,880 --> 00:22:58,800 Speaker 2: people have in mind. 441 00:23:00,200 --> 00:23:02,640 Speaker 9: That's right, But you know, listen, if any of us 442 00:23:02,680 --> 00:23:05,439 Speaker 9: went on a trip to India, to Vietnam and to 443 00:23:05,560 --> 00:23:07,879 Speaker 9: back to Alaska, did what the president has done in 444 00:23:07,920 --> 00:23:11,040 Speaker 9: five days, it's a long trip. I think he was 445 00:23:11,160 --> 00:23:14,680 Speaker 9: making the kind of Biden offhanded comments that he usually makes, 446 00:23:14,680 --> 00:23:17,200 Speaker 9: and it's no surprise for anybody who has followed him. 447 00:23:17,440 --> 00:23:20,560 Speaker 9: And I also don't think anybody can accuse Joe Biden 448 00:23:20,840 --> 00:23:25,560 Speaker 9: of not understanding the need to confront and contain China. 449 00:23:25,880 --> 00:23:29,080 Speaker 9: He is a president who has done that, arguably more 450 00:23:29,119 --> 00:23:32,199 Speaker 9: than any president in the modern era. Has turned our 451 00:23:32,240 --> 00:23:36,280 Speaker 9: attention from China. He's to China rather to the Asia Pacific. 452 00:23:36,480 --> 00:23:39,199 Speaker 9: He's gotten criticized today for not being here for nine 453 00:23:39,240 --> 00:23:42,480 Speaker 9: to eleven, but let's not forget he is willing to 454 00:23:42,600 --> 00:23:45,639 Speaker 9: take that hit because he is coming back from a 455 00:23:45,840 --> 00:23:50,280 Speaker 9: very important trip to India and to Vietnam to really 456 00:23:50,359 --> 00:23:53,639 Speaker 9: really make the case that we do have to focus 457 00:23:53,680 --> 00:23:55,600 Speaker 9: our attention not on the Middle East, where it has 458 00:23:55,640 --> 00:23:58,040 Speaker 9: been for the last twenty five years for good reason, 459 00:23:58,440 --> 00:24:01,639 Speaker 9: but to China, where we come front a big threat 460 00:24:02,040 --> 00:24:05,360 Speaker 9: and we have a big competition. So I think it's 461 00:24:05,400 --> 00:24:08,760 Speaker 9: shortsighted to say that he doesn't recognize that I do 462 00:24:08,840 --> 00:24:12,000 Speaker 9: agree with Rick on this. Members of his own party 463 00:24:12,080 --> 00:24:14,359 Speaker 9: are not clear about this. Let's just think back to 464 00:24:14,359 --> 00:24:17,040 Speaker 9: what Nikki Haley had to say to the vek Ramaswani 465 00:24:17,119 --> 00:24:19,760 Speaker 9: and others during the debate. So there is a debate 466 00:24:19,760 --> 00:24:21,879 Speaker 9: to be had in the Republican Party where they're even 467 00:24:21,920 --> 00:24:25,000 Speaker 9: debating today as they come back to the House whether 468 00:24:25,119 --> 00:24:27,719 Speaker 9: to give Ukraine the money it needs to have this 469 00:24:27,880 --> 00:24:31,400 Speaker 9: confrontation with Russia. So those are things that the Republican 470 00:24:31,440 --> 00:24:33,520 Speaker 9: Party does have to work out. There's a lot more 471 00:24:33,640 --> 00:24:36,000 Speaker 9: unanimity on the side of the Democrats when it comes 472 00:24:36,040 --> 00:24:36,280 Speaker 9: to that. 473 00:24:41,080 --> 00:24:44,480 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the 474 00:24:44,520 --> 00:24:48,399 Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the 475 00:24:48,440 --> 00:24:51,800 Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App. 476 00:24:51,920 --> 00:24:54,760 Speaker 1: You can also listen live on Amazon Alexa from our 477 00:24:54,800 --> 00:25:00,120 Speaker 1: flagship New York station, Just say Alexa play Bloomberg eleven thirty. 478 00:25:01,040 --> 00:25:03,320 Speaker 2: We've been talking a lot about China and the Biden 479 00:25:03,359 --> 00:25:06,959 Speaker 2: administration's relationship or a lack thereof, with that country. It 480 00:25:07,000 --> 00:25:09,800 Speaker 2: was a very different look in Vietnam. After the President 481 00:25:09,920 --> 00:25:13,280 Speaker 2: left the G twenty, he went to Vietnam for a 482 00:25:13,320 --> 00:25:17,320 Speaker 2: brief set of meetings where they did announce a comprehensive 483 00:25:17,400 --> 00:25:21,840 Speaker 2: strategic partnership and enhanced trade relationship that puts the US 484 00:25:22,280 --> 00:25:25,600 Speaker 2: on par with China, which is something that the late 485 00:25:25,680 --> 00:25:29,159 Speaker 2: Senator John McCain spent years pushing for. As we reassemble 486 00:25:29,240 --> 00:25:33,760 Speaker 2: our panel with Rick Davis and Jeanie Shanzana Bloomberg Politics contributors, 487 00:25:33,760 --> 00:25:36,760 Speaker 2: some pretty touching moments and pretty good optics. I would 488 00:25:36,800 --> 00:25:40,280 Speaker 2: argue for the President in Vietnam as he visited the 489 00:25:40,400 --> 00:25:45,640 Speaker 2: memorial to John McCain in Hanoi, he left a challenge 490 00:25:45,720 --> 00:25:50,840 Speaker 2: coin at the memorial later wreath and spent some time 491 00:25:50,880 --> 00:25:53,080 Speaker 2: talking with the two service members who was there. We 492 00:25:53,080 --> 00:25:56,600 Speaker 2: should note, by the way, that for Senator former Secretary 493 00:25:56,600 --> 00:25:59,119 Speaker 2: of State John Kerry, also of course a Vietnam War veteran, 494 00:25:59,520 --> 00:26:02,520 Speaker 2: was also with him at that moment. Rick, I suspect 495 00:26:02,520 --> 00:26:05,000 Speaker 2: that memorial wouldn't be there if it weren't in part 496 00:26:05,040 --> 00:26:07,320 Speaker 2: for your efforts. And I wonder your thoughts as you 497 00:26:07,359 --> 00:26:10,159 Speaker 2: see the President actually get business done in Vietnam that 498 00:26:10,240 --> 00:26:13,720 Speaker 2: John McCain would have loved to have seen himself. 499 00:26:15,520 --> 00:26:16,960 Speaker 10: First of all, I had nothing to do with that 500 00:26:17,040 --> 00:26:20,560 Speaker 10: memorial strictly, the Vietnamese government put that up. 501 00:26:20,600 --> 00:26:21,120 Speaker 2: How about that? 502 00:26:21,160 --> 00:26:23,439 Speaker 10: Because I would not want to be held to blame 503 00:26:23,560 --> 00:26:26,760 Speaker 10: for on that memorial. It refers to John McCain as 504 00:26:26,800 --> 00:26:30,640 Speaker 10: an air Force air pirate, and he didn't mind being 505 00:26:30,640 --> 00:26:33,040 Speaker 10: called an air pirate, but he did not like being 506 00:26:33,080 --> 00:26:36,520 Speaker 10: called air force. That's a Navy pilot. It was proud 507 00:26:36,560 --> 00:26:40,080 Speaker 10: of his wing and so look, I mean, John McCain 508 00:26:40,119 --> 00:26:43,639 Speaker 10: always had a fond memory of that lake because he 509 00:26:43,800 --> 00:26:47,040 Speaker 10: was his arms and knees were broken when he ejected 510 00:26:47,080 --> 00:26:50,159 Speaker 10: from his aircraft after being hit by a rocket and 511 00:26:50,200 --> 00:26:52,160 Speaker 10: he landed in the middle of that lake. And he said, 512 00:26:52,200 --> 00:26:55,000 Speaker 10: if not for the Vietnamese that pulled him out of 513 00:26:55,040 --> 00:26:57,720 Speaker 10: that lake beating and stabbing him, he would have drowned. So, 514 00:26:58,560 --> 00:27:00,760 Speaker 10: you know, he always had a kind of way of 515 00:27:00,800 --> 00:27:03,960 Speaker 10: looking at things from an optimistic point of view. But 516 00:27:04,040 --> 00:27:06,080 Speaker 10: I thought it was nice that the President stopped at 517 00:27:06,080 --> 00:27:10,639 Speaker 10: that memorial and showed his respect to John McCain. And 518 00:27:11,520 --> 00:27:14,320 Speaker 10: I think that, you know, it just betrays what we 519 00:27:14,400 --> 00:27:17,719 Speaker 10: need more of in foreign policy, which is we can 520 00:27:17,800 --> 00:27:19,879 Speaker 10: debate all we want at home, but when it comes 521 00:27:19,920 --> 00:27:22,679 Speaker 10: to what we think the overseas prior as of our 522 00:27:22,720 --> 00:27:25,480 Speaker 10: country are, they should be together. And John McCain and 523 00:27:27,800 --> 00:27:30,840 Speaker 10: President Biden had a lot of disagreements, but ultimately when 524 00:27:30,880 --> 00:27:33,520 Speaker 10: they came together, they did good things. For the country abroad, 525 00:27:33,720 --> 00:27:36,639 Speaker 10: and we're on the same page more than they weren't. 526 00:27:36,720 --> 00:27:39,560 Speaker 10: So kudos to the present for taking time out of 527 00:27:39,560 --> 00:27:40,480 Speaker 10: his schedule to do that. 528 00:27:41,920 --> 00:27:44,480 Speaker 2: Genie, I'm struck by the name of Franklin Ford's book 529 00:27:44,480 --> 00:27:48,439 Speaker 2: about Joe Biden, the Last Politician, the optics of this 530 00:27:48,600 --> 00:27:52,639 Speaker 2: visit to the memorial Joe Biden coming to the aid 531 00:27:53,080 --> 00:27:56,800 Speaker 2: of Mitch McConnell, at least optically speaking again, when he 532 00:27:56,840 --> 00:28:00,320 Speaker 2: was asked by reporters about Mitch mcconnald's freezing up before 533 00:28:00,359 --> 00:28:03,520 Speaker 2: the cameras, it does feel like it's the end of 534 00:28:03,600 --> 00:28:06,960 Speaker 2: an era, or at least a generation in politics when 535 00:28:07,040 --> 00:28:09,040 Speaker 2: you see these events unfold before your eyes. 536 00:28:10,600 --> 00:28:14,000 Speaker 9: It absolutely does. And you know, I talk to students 537 00:28:14,080 --> 00:28:17,439 Speaker 9: every day between the ages of you know, seventeen to 538 00:28:17,600 --> 00:28:21,080 Speaker 9: twenty two, twenty three, and for them, I know we're 539 00:28:21,080 --> 00:28:22,919 Speaker 9: going to be talking about nine to eleven in a 540 00:28:22,920 --> 00:28:25,320 Speaker 9: little bit. You know, they weren't even born, many of 541 00:28:25,359 --> 00:28:27,600 Speaker 9: them when nine to eleven occurred, which is, you know, 542 00:28:27,720 --> 00:28:30,320 Speaker 9: hard to even wrap your head around. And as they 543 00:28:30,359 --> 00:28:33,639 Speaker 9: look at politicians like Joe Biden or Mitch McConnell or 544 00:28:33,720 --> 00:28:36,439 Speaker 9: Nancy Pelosi, or think about people like the former Senator 545 00:28:36,520 --> 00:28:40,480 Speaker 9: John McCain, these do seem like relics to a certain 546 00:28:40,520 --> 00:28:44,080 Speaker 9: extent from a past generation. I have to say I 547 00:28:44,200 --> 00:28:47,240 Speaker 9: really was thought it was very good visit to Hanoi. 548 00:28:47,880 --> 00:28:51,320 Speaker 9: The President described this as a historic moment overcoming a 549 00:28:51,400 --> 00:28:54,560 Speaker 9: bitter past, and that is an apt description. And for 550 00:28:54,720 --> 00:28:58,040 Speaker 9: Vietnam to put the US in its highest diplomatic category 551 00:28:58,080 --> 00:29:01,360 Speaker 9: on par with China, that is a big advance as well. 552 00:29:01,480 --> 00:29:07,160 Speaker 9: So everything from the discussion of semiconductors, the memoir of 553 00:29:07,320 --> 00:29:11,080 Speaker 9: Ulizing rather John McCain, those are all important, as was 554 00:29:11,120 --> 00:29:14,920 Speaker 9: the president's diplomatic outreach to Hanoi. These are a very 555 00:29:14,960 --> 00:29:18,520 Speaker 9: big steps forward for the President and for the United 556 00:29:18,560 --> 00:29:21,280 Speaker 9: States from a foreign policy and economic perspective. 557 00:29:22,480 --> 00:29:25,120 Speaker 2: We're going to bring in David Weston, as I promised 558 00:29:25,200 --> 00:29:27,320 Speaker 2: in just a moment, to talk with us on this 559 00:29:27,440 --> 00:29:29,719 Speaker 2: September eleventh. I'd love to hear from both of you 560 00:29:29,760 --> 00:29:32,959 Speaker 2: on what the President is and is not doing today. Quickly, 561 00:29:33,000 --> 00:29:35,640 Speaker 2: before we get to David Rick, is it a problem 562 00:29:35,640 --> 00:29:39,560 Speaker 2: that Joe Biden is swinging through Alaska on his way 563 00:29:39,600 --> 00:29:42,480 Speaker 2: back to mark this occasion instead of being at ground 564 00:29:42,600 --> 00:29:44,480 Speaker 2: zero at the Pentagon or in Shanksville. 565 00:29:45,680 --> 00:29:48,920 Speaker 10: Yeah, I think that if the trade off was doing 566 00:29:48,960 --> 00:29:52,560 Speaker 10: as Genie described, you know, the work that he did 567 00:29:52,600 --> 00:29:56,640 Speaker 10: in Vietnam, I think it was well worth the trade off. 568 00:29:58,800 --> 00:30:02,240 Speaker 10: Joe Biden's been making these visit's on on nine to 569 00:30:02,280 --> 00:30:04,480 Speaker 10: eleven for twenty two years, and I don't think there's 570 00:30:04,640 --> 00:30:08,080 Speaker 10: any criticism that should be sent his way. This is 571 00:30:08,120 --> 00:30:11,400 Speaker 10: a day where, frankly, bipartisanship should reign supreme. 572 00:30:12,560 --> 00:30:16,400 Speaker 2: Yeah, he will be delivering remarks, Genie. He is, in 573 00:30:16,440 --> 00:30:18,760 Speaker 2: fact paying tribute on this date. Does it matter where 574 00:30:18,760 --> 00:30:20,600 Speaker 2: you are as the commander in chief? 575 00:30:21,640 --> 00:30:23,480 Speaker 9: You know, I think ideally you do want to be 576 00:30:23,520 --> 00:30:25,760 Speaker 9: at one of the memorials, But he is one person. 577 00:30:25,880 --> 00:30:29,120 Speaker 9: He can't be everywhere. He made the hard decision to 578 00:30:29,240 --> 00:30:32,440 Speaker 9: do this very important foreign policy trip, and he sent 579 00:30:32,480 --> 00:30:34,920 Speaker 9: the vice president in his way to New York, so 580 00:30:35,320 --> 00:30:38,640 Speaker 9: you know, it's probably not exactly where he wants to be. 581 00:30:38,720 --> 00:30:41,080 Speaker 9: But he had to make a tough choice, like all leaders, 582 00:30:41,120 --> 00:30:44,240 Speaker 9: and he made it, and I think from everybody's perspective, 583 00:30:44,280 --> 00:30:47,120 Speaker 9: it is the right choice. But it is important that 584 00:30:47,200 --> 00:30:50,840 Speaker 9: he's going to stop and take time to remember the victims. 585 00:30:51,880 --> 00:30:54,880 Speaker 2: Yeah. Great to have you both here. Great Conversations Today 586 00:30:54,880 --> 00:30:58,120 Speaker 2: Genie Shanzano and Rick Davis, our signature panel on Sound 587 00:30:58,200 --> 00:30:59,960 Speaker 2: on Bloomberg Politics contributors. 588 00:31:00,880 --> 00:31:04,360 Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us 589 00:31:04,400 --> 00:31:07,560 Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the 590 00:31:07,680 --> 00:31:10,760 Speaker 1: iHeartRadio app, and the Bloomberg Business App, or listen on 591 00:31:10,800 --> 00:31:12,800 Speaker 1: demand wherever you get your podcasts. 592 00:31:14,360 --> 00:31:16,800 Speaker 2: The question you'll surely hear someone ask today, and maybe 593 00:31:16,800 --> 00:31:18,800 Speaker 2: you've been asked already in the office or as you're 594 00:31:19,160 --> 00:31:21,360 Speaker 2: going to the store or whatever your day includes here 595 00:31:21,480 --> 00:31:26,040 Speaker 2: is where were you on nine to eleven? For many, 596 00:31:26,080 --> 00:31:29,080 Speaker 2: the answer is at home, right. It was in the morning, 597 00:31:29,560 --> 00:31:34,760 Speaker 2: watching TV, watching morning shows like Good Morning America GMA, 598 00:31:35,720 --> 00:31:38,520 Speaker 2: where the anchors had no idea what was unfolding. 599 00:31:38,920 --> 00:31:40,840 Speaker 6: We want to tell you what we know as we 600 00:31:40,880 --> 00:31:43,080 Speaker 6: know it. We just got a report in that there's 601 00:31:43,120 --> 00:31:46,600 Speaker 6: been some sort of explosion at the World Trade Center 602 00:31:46,760 --> 00:31:50,960 Speaker 6: in New York City. One report said, and we can't 603 00:31:50,960 --> 00:31:53,720 Speaker 6: confirm any of this, that a plane may have hit 604 00:31:54,360 --> 00:31:56,560 Speaker 6: one of the two towers of the World Trade Center. 605 00:31:56,600 --> 00:31:58,320 Speaker 6: But again you're seeing the live pictures. 606 00:31:58,360 --> 00:32:02,840 Speaker 2: Here's David Weston was at work that morning, as we 607 00:32:02,960 --> 00:32:06,640 Speaker 2: hear Diane Sawyer talking there on GMA. David was the 608 00:32:06,640 --> 00:32:09,360 Speaker 2: president of ABC News, and he joins us right now 609 00:32:09,400 --> 00:32:11,200 Speaker 2: from New York to recall the events of that day 610 00:32:11,200 --> 00:32:14,040 Speaker 2: and what they would lead to. David, thank you for 611 00:32:14,080 --> 00:32:15,880 Speaker 2: being here. I'm so glad that you could join us. 612 00:32:15,880 --> 00:32:19,480 Speaker 2: You were watching GMA as the boss. What did you think? 613 00:32:19,520 --> 00:32:21,280 Speaker 2: What went through your mind when you heard Diane Sawyer 614 00:32:21,280 --> 00:32:21,600 Speaker 2: see this? 615 00:32:21,760 --> 00:32:23,520 Speaker 5: Well, it goes through my mind. Even as I listened 616 00:32:23,520 --> 00:32:25,760 Speaker 5: to it again, I remember it terribly well. I mean 617 00:32:25,880 --> 00:32:28,200 Speaker 5: I used to get in every morning before seven o'clock 618 00:32:28,200 --> 00:32:30,560 Speaker 5: because that's when Good Morning America came on the air, 619 00:32:31,240 --> 00:32:33,640 Speaker 5: and I watched like five or six monitors that I 620 00:32:33,680 --> 00:32:35,800 Speaker 5: had in my office to see whatever he was doing. 621 00:32:35,840 --> 00:32:38,000 Speaker 5: And I remember looking up when we were in commercial 622 00:32:38,000 --> 00:32:42,680 Speaker 5: break actually at GMA and seeing on CNN sort of 623 00:32:42,680 --> 00:32:44,600 Speaker 5: smoke coming out of a high level of one of 624 00:32:44,600 --> 00:32:47,400 Speaker 5: the trade towers, and I turned down that volume to 625 00:32:47,400 --> 00:32:49,160 Speaker 5: figure out was going on. At that point, nobody had 626 00:32:49,160 --> 00:32:51,480 Speaker 5: any idea what it was, but I called down to 627 00:32:51,520 --> 00:32:53,360 Speaker 5: control room and said, something's gone to the World Trades 628 00:32:53,400 --> 00:32:56,240 Speaker 5: and a get out of commercial, go to the full network. 629 00:32:56,800 --> 00:32:58,760 Speaker 5: And we went to the full network. Really as you 630 00:32:58,760 --> 00:33:01,080 Speaker 5: could hear from Diane, not fully where what had happened, 631 00:33:01,080 --> 00:33:03,040 Speaker 5: but there were reports there was an aircraft that are 632 00:33:03,040 --> 00:33:07,960 Speaker 5: going in and they went to full network mode, Special report, 633 00:33:08,000 --> 00:33:11,320 Speaker 5: we called it, and as they watched it was Die 634 00:33:11,360 --> 00:33:14,920 Speaker 5: Answer and Charlie Gibson. We all watched together as that 635 00:33:15,080 --> 00:33:19,240 Speaker 5: second airliner went crashing into the second tower, and Charlie said, 636 00:33:19,440 --> 00:33:21,160 Speaker 5: you know, it looks like an airliner has just gone 637 00:33:21,200 --> 00:33:21,960 Speaker 5: on the second tower. 638 00:33:24,560 --> 00:33:27,360 Speaker 2: What happens next in a situation like that? You know 639 00:33:27,400 --> 00:33:31,120 Speaker 2: people are watching the anchors, but there are dozens, if 640 00:33:31,160 --> 00:33:33,960 Speaker 2: not a couple of hundred folks behind them. What happened 641 00:33:34,000 --> 00:33:36,440 Speaker 2: internally at ABC News? Do you pick up the phone? 642 00:33:36,440 --> 00:33:37,440 Speaker 2: Who do you start calling? 643 00:33:37,800 --> 00:33:40,440 Speaker 5: Well, you get the desk is there, you get everybody 644 00:33:40,440 --> 00:33:43,880 Speaker 5: in as fast as you can figure out where people are. Frankly, Joe, 645 00:33:43,880 --> 00:33:45,800 Speaker 5: one of the first questions is where are people? Do 646 00:33:45,840 --> 00:33:49,440 Speaker 5: we have any people who are at risk down at 647 00:33:49,440 --> 00:33:52,320 Speaker 5: the World Trade Center? And where else could there be 648 00:33:52,320 --> 00:33:55,840 Speaker 5: an attack? I will say we were I'm not sure 649 00:33:55,880 --> 00:33:57,520 Speaker 5: fortunate is the right word, but we were in a 650 00:33:57,560 --> 00:34:01,560 Speaker 5: position to have an idea about Osama bin Laden and 651 00:34:01,760 --> 00:34:04,840 Speaker 5: al Qaeda because John Miller, who worked for US, had 652 00:34:04,960 --> 00:34:07,840 Speaker 5: tricked into Afghanistan about eighteen months before, and we had 653 00:34:07,880 --> 00:34:10,320 Speaker 5: aired what turned out to be the last Western interview 654 00:34:10,320 --> 00:34:13,480 Speaker 5: with Osama and Laana from his camp in Afghanistan. We 655 00:34:13,560 --> 00:34:16,799 Speaker 5: had covered that story, and I had talked frankly with 656 00:34:16,840 --> 00:34:20,440 Speaker 5: some senior military people in the months before, saying what's 657 00:34:20,440 --> 00:34:23,240 Speaker 5: the biggest threat we have? And they said, to a person, 658 00:34:23,400 --> 00:34:26,879 Speaker 5: it's a terrorist attack, And so we had I had 659 00:34:26,880 --> 00:34:29,719 Speaker 5: a pretty good sense pretty early on that it was terrorism, 660 00:34:29,800 --> 00:34:32,959 Speaker 5: and then it was al Qaeda, So in that sense, 661 00:34:32,960 --> 00:34:34,160 Speaker 5: we had a little bit of a jump on it. 662 00:34:34,200 --> 00:34:35,960 Speaker 5: But then you figure out, how can you cover the 663 00:34:35,960 --> 00:34:38,320 Speaker 5: story as best you can? Who can you get down there? 664 00:34:39,239 --> 00:34:42,000 Speaker 5: Close follow on to that is, can we send them 665 00:34:42,040 --> 00:34:44,480 Speaker 5: down there safely? We had a whole discussion, not a 666 00:34:44,480 --> 00:34:46,520 Speaker 5: long one, but a discussion do they have to have 667 00:34:46,560 --> 00:34:49,319 Speaker 5: hazmat suits on? Because we're not sure what this was 668 00:34:50,080 --> 00:34:51,880 Speaker 5: and what the effects might be in the people in 669 00:34:51,880 --> 00:34:54,359 Speaker 5: their surrounding areas? How can we get video out of there. 670 00:34:54,360 --> 00:34:57,080 Speaker 5: We're a television organization, you got to get video audio. 671 00:34:57,920 --> 00:34:59,719 Speaker 5: We were fortunate because we had Don Daylor, one of 672 00:34:59,760 --> 00:35:02,480 Speaker 5: our orders, who actually lived near there, and he got 673 00:35:02,600 --> 00:35:04,160 Speaker 5: on the telephone pretty quickly. 674 00:35:05,440 --> 00:35:08,040 Speaker 2: Also turned out that you had a reporter pretty close 675 00:35:08,080 --> 00:35:11,200 Speaker 2: to the scene, but didn't realize following a series of 676 00:35:11,200 --> 00:35:13,840 Speaker 2: emails from what appeared to be a stranger, that George 677 00:35:13,840 --> 00:35:16,680 Speaker 2: Stephanopoulos was trying to get news to the news. 678 00:35:17,160 --> 00:35:20,080 Speaker 5: But you know, I'd forgotten about that, Joe, That's exactly right. 679 00:35:20,440 --> 00:35:22,960 Speaker 5: Por George was down there trying to get through, and 680 00:35:23,000 --> 00:35:25,719 Speaker 5: everybody thought he was it was a crank call. It 681 00:35:25,800 --> 00:35:28,120 Speaker 5: took quite a while to figure out that actually, yes, 682 00:35:28,160 --> 00:35:31,719 Speaker 5: George actually was nearby near ground zero, and he was 683 00:35:31,760 --> 00:35:33,239 Speaker 5: trying to report, and we finally got him in the 684 00:35:33,239 --> 00:35:35,799 Speaker 5: air and we got John Miller in the chair pretty quickly. 685 00:35:35,840 --> 00:35:39,680 Speaker 5: We stuck with Diane and with Charlie for about forty 686 00:35:39,719 --> 00:35:42,320 Speaker 5: or forty five minutes. Peter Jennings was in the building 687 00:35:42,440 --> 00:35:44,480 Speaker 5: and he was reluctant, frankly, to go on because he said, 688 00:35:44,480 --> 00:35:45,960 Speaker 5: they're doing such a good job. And I said, Peter, 689 00:35:46,040 --> 00:35:47,880 Speaker 5: I mean, you're a lead anchor. You got to get 690 00:35:47,880 --> 00:35:50,480 Speaker 5: in the chair. And he sat there with John Miller 691 00:35:50,480 --> 00:35:52,960 Speaker 5: and we covered. You know, we went on. We went 692 00:35:53,000 --> 00:35:56,880 Speaker 5: on right through till Saturday morning, no NonStop, no commercial breaks, 693 00:35:56,880 --> 00:36:00,839 Speaker 5: no nothing. But we covered it in part that first 694 00:36:00,960 --> 00:36:04,759 Speaker 5: day with John Miller tapping into police frequencies because he'd 695 00:36:04,800 --> 00:36:06,600 Speaker 5: been in the police department and he had a bunch 696 00:36:06,600 --> 00:36:08,160 Speaker 5: of buddies there and he was giving us a lot 697 00:36:08,160 --> 00:36:09,120 Speaker 5: of the reporting. 698 00:36:11,160 --> 00:36:13,640 Speaker 2: You mentioned. You try to find out who you have, 699 00:36:13,800 --> 00:36:16,680 Speaker 2: and you had a reporter on Air Force one. I 700 00:36:16,680 --> 00:36:18,600 Speaker 2: don't know how long it was before you were able 701 00:36:18,600 --> 00:36:22,880 Speaker 2: to make contact with Anne Compton David, but her story 702 00:36:23,040 --> 00:36:23,760 Speaker 2: is iconic. 703 00:36:24,239 --> 00:36:27,600 Speaker 5: Well, Ann Compton happened to be the radio pool that 704 00:36:27,719 --> 00:36:32,440 Speaker 5: day and wonderful radio longtime White House correspondent for ABC 705 00:36:32,600 --> 00:36:35,680 Speaker 5: News and ABC News Radio. And we all remember President 706 00:36:35,760 --> 00:36:39,319 Speaker 5: George W. Bush was in Floridas speaking actually to an 707 00:36:39,360 --> 00:36:42,239 Speaker 5: elementary school class when this all happened. We've all seen 708 00:36:42,239 --> 00:36:44,360 Speaker 5: that iconic video when they first told him what was 709 00:36:44,400 --> 00:36:47,719 Speaker 5: going on, and then they hurried everybody onto Air Force one. 710 00:36:48,280 --> 00:36:50,839 Speaker 5: President Bush made a couple of brief remarks. They hurried 711 00:36:50,880 --> 00:36:52,600 Speaker 5: him onto Air Force one because they wanted to get 712 00:36:52,640 --> 00:36:54,799 Speaker 5: him to make sure he was safe. They weren't sure 713 00:36:54,840 --> 00:36:56,799 Speaker 5: how to attack him, and so we just were told 714 00:36:56,840 --> 00:36:59,239 Speaker 5: Ann's on the plane. She called in. She said, we're 715 00:36:59,320 --> 00:37:01,799 Speaker 5: going wheels, but we don't know where we're going. I 716 00:37:01,840 --> 00:37:03,200 Speaker 5: don't know when I can talk to you, I'll let 717 00:37:03,239 --> 00:37:05,319 Speaker 5: you know. And so next time we heard from her, 718 00:37:05,440 --> 00:37:07,479 Speaker 5: they had put down actually in Louisiana. As I recall, 719 00:37:07,560 --> 00:37:11,200 Speaker 5: the base was for refueling, and she gave us from 720 00:37:11,280 --> 00:37:13,239 Speaker 5: the tarmac a quick report on what was going on 721 00:37:13,400 --> 00:37:15,680 Speaker 5: on Air Force One. Then they took off again and 722 00:37:15,680 --> 00:37:19,120 Speaker 5: they went to another air base, and again she talked 723 00:37:19,120 --> 00:37:21,800 Speaker 5: to us from there. President Bush spoke from there because 724 00:37:21,800 --> 00:37:24,040 Speaker 5: he didn't make it back to Washington Action until that evening, 725 00:37:24,040 --> 00:37:26,680 Speaker 5: and then addressed the nation from the Oval Office. 726 00:37:28,680 --> 00:37:31,759 Speaker 2: That's incredible to think that you had people truly in 727 00:37:31,800 --> 00:37:34,399 Speaker 2: all the right places. You couldn't have planned it better 728 00:37:34,440 --> 00:37:37,319 Speaker 2: if you had been given a tip on this, David. 729 00:37:37,400 --> 00:37:40,120 Speaker 2: But I'm talking to you now as someone who our 730 00:37:40,280 --> 00:37:44,000 Speaker 2: viewers and listeners know as a journalist, as a broadcast 731 00:37:44,080 --> 00:37:47,520 Speaker 2: journalist and anchor, the guy who asks the questions you 732 00:37:47,520 --> 00:37:50,719 Speaker 2: were an executive at that point as the president of 733 00:37:50,800 --> 00:37:53,759 Speaker 2: ABC News. To what extent did the events of that 734 00:37:53,840 --> 00:37:57,359 Speaker 2: day in the following days inform your next career that 735 00:37:57,400 --> 00:37:58,919 Speaker 2: you now enjoy Well? 736 00:37:59,000 --> 00:38:01,399 Speaker 5: I think, as you know, Joe as well or better 737 00:38:01,400 --> 00:38:03,799 Speaker 5: than I do, everything you've ever experienced or known or 738 00:38:03,880 --> 00:38:06,320 Speaker 5: done informs what you do when you're in these jobs 739 00:38:06,360 --> 00:38:09,880 Speaker 5: on the air, it's a very different thing. One of 740 00:38:09,880 --> 00:38:12,759 Speaker 5: the wonderful experiences of being on the air, having spent 741 00:38:12,880 --> 00:38:15,040 Speaker 5: so much time I was there for fourteen years behind 742 00:38:15,040 --> 00:38:17,799 Speaker 5: the camera, is you have to understand of what else 743 00:38:17,840 --> 00:38:20,719 Speaker 5: is in the iceberg, the stuff below the surface. And 744 00:38:21,080 --> 00:38:24,279 Speaker 5: I'll give you a couple of examples. For example, one 745 00:38:24,320 --> 00:38:26,160 Speaker 5: of the first things we did was we marshaled as 746 00:38:26,239 --> 00:38:29,040 Speaker 5: much troops as we could get down to the hospitals 747 00:38:29,040 --> 00:38:31,560 Speaker 5: in the area because we were convinced there would be 748 00:38:31,560 --> 00:38:34,799 Speaker 5: all kinds of wounded coming in. And then as the 749 00:38:34,880 --> 00:38:39,560 Speaker 5: day unfolded, we realized nobody was coming because they were 750 00:38:39,560 --> 00:38:42,520 Speaker 5: all dead. And it was a terrible moment. Another moment, 751 00:38:42,880 --> 00:38:45,400 Speaker 5: an hour into it, I got a call in the 752 00:38:45,400 --> 00:38:48,600 Speaker 5: control room saying, there are people jumping from the towers. 753 00:38:49,080 --> 00:38:52,920 Speaker 5: Do we show it? And I said, no, you report 754 00:38:52,960 --> 00:38:54,800 Speaker 5: they're jumping, but you do not show because that's somebody 755 00:38:54,800 --> 00:38:58,160 Speaker 5: who loved one that they're seeing to commit suicide. 756 00:38:58,239 --> 00:39:03,319 Speaker 2: Essentially, just absolutely horrible to think that this happened, and 757 00:39:03,360 --> 00:39:06,160 Speaker 2: that we watched it as it was happening. David, it 758 00:39:06,200 --> 00:39:09,239 Speaker 2: was folks like you making those decisions, and I know 759 00:39:09,280 --> 00:39:11,719 Speaker 2: that you held an event with some children. I heard 760 00:39:11,760 --> 00:39:14,759 Speaker 2: you say about this school children, which was was a 761 00:39:14,760 --> 00:39:17,839 Speaker 2: Saturday morning show that Peter Jennings used to conduct, and 762 00:39:17,880 --> 00:39:20,399 Speaker 2: this was about telling them about what happened on nine 763 00:39:20,400 --> 00:39:24,600 Speaker 2: to eleven and showing them the actual video. They couldn't 764 00:39:24,640 --> 00:39:28,080 Speaker 2: discern between what was happening then and whether it was 765 00:39:28,160 --> 00:39:30,399 Speaker 2: real now. And I bring this to you because it's 766 00:39:30,400 --> 00:39:33,480 Speaker 2: something that every television news network has to grapple with 767 00:39:33,880 --> 00:39:37,960 Speaker 2: and some have annually shown the video of the towers 768 00:39:37,960 --> 00:39:41,239 Speaker 2: being hit, of people jumping, of the towers falling. You 769 00:39:41,320 --> 00:39:43,360 Speaker 2: made the decision not to do that, didn't you? 770 00:39:43,400 --> 00:39:46,120 Speaker 5: Now I did as a result of that townholl meeting 771 00:39:46,120 --> 00:39:48,840 Speaker 5: with the children. Peter Jennings was I think the best 772 00:39:49,239 --> 00:39:53,440 Speaker 5: breaking news anchor ever, but he was particularly gifted with 773 00:39:53,520 --> 00:39:55,560 Speaker 5: children and he wanted to do and we wanted to 774 00:39:55,600 --> 00:39:58,480 Speaker 5: do a special that Saturday to try to explain to 775 00:39:58,600 --> 00:40:02,480 Speaker 5: kids what had happened. And we actually had a professor 776 00:40:02,600 --> 00:40:04,840 Speaker 5: of tild psychology from Princeton there who said, one of 777 00:40:04,840 --> 00:40:06,840 Speaker 5: the things you have understand small children don't understand it's not 778 00:40:06,920 --> 00:40:09,719 Speaker 5: happening again. They think that every time they see it, 779 00:40:10,040 --> 00:40:12,640 Speaker 5: there's another building going down. And so from the car 780 00:40:12,680 --> 00:40:14,600 Speaker 5: on the way home, I got on the phone to 781 00:40:14,800 --> 00:40:16,959 Speaker 5: the desk and I said, Okay, we will never show 782 00:40:17,120 --> 00:40:19,600 Speaker 5: moving video of that again on ABC News. We'll show 783 00:40:19,680 --> 00:40:22,680 Speaker 5: us still, but never moving video. Because at that point, Joe, 784 00:40:22,800 --> 00:40:24,880 Speaker 5: it had become almost like music. People were putting in 785 00:40:24,880 --> 00:40:27,279 Speaker 5: their bumpers, they were putting their promos. I mean, you 786 00:40:27,440 --> 00:40:31,080 Speaker 5: kept seeing these towers collapse and it wasn't telling anybody. 787 00:40:31,080 --> 00:40:33,400 Speaker 5: I mean, it wasn't communicating. It was just pure emotion. 788 00:40:33,920 --> 00:40:35,600 Speaker 5: And I said, we'll never do it again. And we didn't. 789 00:40:35,680 --> 00:40:37,960 Speaker 5: We never showed a moving image again because it wasn't 790 00:40:38,160 --> 00:40:41,319 Speaker 5: informing anybody. It was just pushing the buttons that we 791 00:40:41,360 --> 00:40:43,000 Speaker 5: didn't need to push. 792 00:40:43,320 --> 00:40:46,279 Speaker 2: I think that's incredible, and it's so important here while 793 00:40:46,320 --> 00:40:50,120 Speaker 2: we look back twenty two years later, because some networks 794 00:40:50,200 --> 00:40:55,520 Speaker 2: continue to show this in promotional framing. To your point, 795 00:40:55,520 --> 00:40:57,760 Speaker 2: and I would say, this isn't just about kids, David. 796 00:40:58,239 --> 00:41:01,359 Speaker 2: I don't think adults in many cases are helped by 797 00:41:01,400 --> 00:41:02,759 Speaker 2: seeing that over again, are they? 798 00:41:02,960 --> 00:41:03,120 Speaker 10: No? 799 00:41:03,280 --> 00:41:05,879 Speaker 5: I don't think. So there's no information I'm getting. But again, 800 00:41:05,960 --> 00:41:07,840 Speaker 5: I want to go back to the relatives, the loved 801 00:41:07,840 --> 00:41:10,200 Speaker 5: ones of those people. They're watching their loved ones die, 802 00:41:11,280 --> 00:41:13,479 Speaker 5: and you know, again and again, what are we getting 803 00:41:13,480 --> 00:41:14,640 Speaker 5: out of that? But I'll just add one of the 804 00:41:14,680 --> 00:41:17,640 Speaker 5: things that people may not understand. We spent hours that 805 00:41:17,760 --> 00:41:20,520 Speaker 5: day not being able to get any information of the government. 806 00:41:20,560 --> 00:41:22,120 Speaker 5: And now, in fairness, they didn't know what was going on, 807 00:41:22,160 --> 00:41:24,160 Speaker 5: but the President was in the air, the Vice President 808 00:41:24,200 --> 00:41:27,200 Speaker 5: was on some protected location beneath the White House, and 809 00:41:27,239 --> 00:41:29,080 Speaker 5: we kept trying to get anybody. If the government tell 810 00:41:29,120 --> 00:41:32,040 Speaker 5: us what's going on, we got silence. With one exception, 811 00:41:32,200 --> 00:41:34,640 Speaker 5: I'll give them great credit. George Pataki, the governor of 812 00:41:34,719 --> 00:41:36,600 Speaker 5: New York, would actually get on the phone and say, 813 00:41:36,719 --> 00:41:38,040 Speaker 5: this is what we know. Who we don't know because 814 00:41:38,120 --> 00:41:40,480 Speaker 5: we had reports coming in of all kinds of bizarre 815 00:41:40,520 --> 00:41:43,600 Speaker 5: things happening we couldn't confirm or deny. And the question 816 00:41:43,640 --> 00:41:46,440 Speaker 5: is do you report it? 817 00:41:46,560 --> 00:41:48,120 Speaker 2: Just the first thing you thought about when you woke 818 00:41:48,200 --> 00:41:48,600 Speaker 2: up today? 819 00:41:48,680 --> 00:41:51,600 Speaker 5: Of course, yeah, always always. But by the way, your 820 00:41:51,640 --> 00:41:54,400 Speaker 5: discussion about the President Biden not being in town. In 821 00:41:54,440 --> 00:41:56,000 Speaker 5: some sense, you know, it's kind of sad because we're 822 00:41:56,040 --> 00:41:58,640 Speaker 5: not making big deals. In some ways, it's healthy. We 823 00:41:58,680 --> 00:42:01,040 Speaker 5: need to go on, we need to remember, but we 824 00:42:01,120 --> 00:42:03,560 Speaker 5: need to recover. We need to go On. We couldn't live. 825 00:42:03,719 --> 00:42:07,040 Speaker 5: I couldn't live at that level of emotional distress that 826 00:42:07,080 --> 00:42:08,560 Speaker 5: we had in the days and the weeks and even 827 00:42:08,600 --> 00:42:10,560 Speaker 5: the months after nine to eleven. You have to get 828 00:42:10,600 --> 00:42:12,440 Speaker 5: over it and go on with your life sometime. 829 00:42:13,920 --> 00:42:16,239 Speaker 2: I can't thank you enough for sharing that with us, 830 00:42:16,640 --> 00:42:21,160 Speaker 2: David Weston, our dear friend at Bloomberg and of course, 831 00:42:21,480 --> 00:42:28,040 Speaker 2: one of many lives that changed that thing. Thanks for 832 00:42:28,080 --> 00:42:30,600 Speaker 2: listening to the sound On podcast. Make sure to subscribe 833 00:42:30,600 --> 00:42:33,440 Speaker 2: if you haven't already, at Apple, Spotify, and anywhere else 834 00:42:33,520 --> 00:42:35,959 Speaker 2: you get your podcasts, and you can find us live 835 00:42:36,120 --> 00:42:39,359 Speaker 2: every weekday from Washington, DC at one pm Eastern Time 836 00:42:39,520 --> 00:42:42,840 Speaker 2: at Bloomberg dot com.