WEBVTT - GOP Debate, Nvidia, Russia, and Subway (Podcast) 0:00:00.840 --> 0:00:04.000 Welcome to the Bloomberg Markets Podcast. I'm Paul Sweeney, alongside 0:00:04.040 --> 0:00:05.280 my co host Matt Miller. 0:00:05.640 --> 0:00:09.600 Every business day we bring you interviews from CEOs, market pros, 0:00:09.720 --> 0:00:13.600 and Bloomberg experts, along with essential market moving news. 0:00:14.160 --> 0:00:17.279 Find the Bloomberg Markets podcast called Apple Podcasts or wherever 0:00:17.400 --> 0:00:20.520 you listen to podcasts, and at Bloomberg dot com slash podcast. 0:00:20.960 --> 0:00:22.479 Right now, we're gonna get a little political with you. 0:00:22.520 --> 0:00:24.239 We had that debate last night. So what we're gonna 0:00:24.280 --> 0:00:26.400 do here is we're gonna talk to some smart people. 0:00:26.520 --> 0:00:30.639 Wendy Schiller, professor of Brown Universities joining us here. And 0:00:30.680 --> 0:00:32.559 then at ten thirty we're gonna have that simulcast with 0:00:32.560 --> 0:00:36.640 Bloomberg Television Joe Matthew and Anri Horden interview GOP presidential 0:00:36.680 --> 0:00:39.320 candidate NICKI Haley. So we're gonna go a little politics 0:00:39.840 --> 0:00:41.000 for the next twenty minutes or so. 0:00:41.320 --> 0:00:42.959 Wendy, thanks so much for joining us here. 0:00:43.000 --> 0:00:47.360 We had a debate last night, Sons President Trump, what 0:00:47.400 --> 0:00:50.560 were your takeaways from the Republican candidates? 0:00:51.720 --> 0:00:53.960 Well, I mean, I think some of them did themselves 0:00:53.960 --> 0:00:57.640 some favors. I think Ron DeSantis held his own. Maybe 0:00:57.680 --> 0:01:01.120 he didn't strike a knockout blow against anybody else, but 0:01:01.200 --> 0:01:03.880 I think he showed he was still formidable and wanted 0:01:03.880 --> 0:01:04.240 to fight. 0:01:04.560 --> 0:01:06.000 I think Mike Pence. 0:01:05.720 --> 0:01:08.080 Even though he's got a tough climb, really held his 0:01:08.120 --> 0:01:11.160 own and sort of emphasized his experience. Nikki Haley, whom 0:01:11.200 --> 0:01:12.920 you're going to speak with, I think she had a 0:01:12.959 --> 0:01:13.600 banner night. 0:01:14.480 --> 0:01:16.399 She did not shy away from debate. 0:01:16.480 --> 0:01:18.720 She tried to be more transparent I think about some 0:01:18.800 --> 0:01:21.920 issues like abortion, and she really I think wiped the 0:01:22.000 --> 0:01:27.200 floor with David Bromsway because she indicated that she was, 0:01:27.240 --> 0:01:30.279 of course representative of the UN under Trump, that she knew 0:01:30.959 --> 0:01:33.760 how to navigate international and foreign policy, and that he 0:01:33.800 --> 0:01:36.760 had a very simplistic response to engaging with the world, 0:01:37.040 --> 0:01:39.760 and it just really showcased his inexperience and it really 0:01:39.840 --> 0:01:41.760 highlighted her experience. So I thought that was one of 0:01:41.800 --> 0:01:46.160 her stellar moments throughout the whole debate. 0:01:45.360 --> 0:01:50.200 Abortion, because I know voters have been coming out, as 0:01:50.280 --> 0:01:55.360 evidenced by the recent referendum, I guess it wasn't in 0:01:55.440 --> 0:02:00.200 Ohio when it comes to abortion, and the GEO p 0:02:00.560 --> 0:02:05.000 has typically been more anti abortion or pro life, whereas 0:02:05.000 --> 0:02:08.440 it seems like the majority of the country believes that 0:02:08.480 --> 0:02:12.400 at least in the early stages, a woman should be 0:02:12.440 --> 0:02:14.400 able to decide herself what she wants to do with 0:02:14.440 --> 0:02:14.919 her body. 0:02:15.960 --> 0:02:16.160 Yeah. 0:02:16.240 --> 0:02:19.240 Man, this was really a showcase for people who are 0:02:19.240 --> 0:02:22.000 trying to get the GOP to a place that the 0:02:22.000 --> 0:02:24.840 majority of Americans might agree with, like a fifteen week 0:02:24.880 --> 0:02:28.239 abortion ban. I'm not saying that would, you know, necessarily 0:02:28.240 --> 0:02:31.760 attract a majority position, but Mike Pence had it out there, 0:02:32.000 --> 0:02:35.359 and I think that seems quote unquote reasonable to a 0:02:35.400 --> 0:02:38.760 lot of people, particularly independent voters. So that's a position 0:02:39.160 --> 0:02:42.040 that would not lose the White House. An outright ban 0:02:42.240 --> 0:02:44.400 or a six week ban, I think, given that Roe v. 0:02:44.520 --> 0:02:47.560 Wade has been basically revoked by the Supreme Court, I 0:02:47.600 --> 0:02:50.720 think that's a losing position for the GOP to get 0:02:50.720 --> 0:02:52.119 the White House in twenty twenty four. 0:02:52.360 --> 0:02:53.679 And Nikki Haley understands that. 0:02:54.240 --> 0:02:57.079 Hey, when you talk about Ron DeSantis, you know, one 0:02:57.080 --> 0:03:00.720 point was polling fairly well, but as kind of fallen 0:03:00.760 --> 0:03:04.440 off dramatically. Talk to us about his candidacy to date, 0:03:04.480 --> 0:03:05.840 and particularly about last night. 0:03:06.840 --> 0:03:09.200 Well, I think it shows you the difference between running 0:03:09.200 --> 0:03:11.919 on a national stage and running in Florida. Big state, 0:03:12.040 --> 0:03:15.120 running really well, winning a big campaign, you know, getting 0:03:15.120 --> 0:03:18.680 a lot of national attention, and I think the mismatch 0:03:18.800 --> 0:03:21.160 was in how to run a campaign on the ground 0:03:21.200 --> 0:03:24.799 in this GOP against Donald Trump. He never came out 0:03:24.840 --> 0:03:26.160 really hard against Donald Trump. 0:03:26.160 --> 0:03:26.720 He still won't. 0:03:26.760 --> 0:03:28.560 In fact, it was hard to get an answer from 0:03:28.639 --> 0:03:31.280 him about whether Mike Pence did the right thing and 0:03:31.400 --> 0:03:34.120 ratifying the twenty twenty election last night on the debate stage. 0:03:34.280 --> 0:03:35.960 So I think that was a mistake on his part. 0:03:36.000 --> 0:03:38.120 I mean, I think Trump voters want someone who will 0:03:38.120 --> 0:03:40.840 fight for them. That is constant refrain in the polling 0:03:40.880 --> 0:03:43.160 that we see, and that's what people want to see. 0:03:43.200 --> 0:03:45.800 So Desanta showed up last night as a fighter. But 0:03:45.880 --> 0:03:47.440 the issue is is he more of a fighter than 0:03:47.480 --> 0:03:47.960 Donald Trump? 0:03:48.000 --> 0:03:50.000 And if he's not willing to fight Donald Trump, how 0:03:50.000 --> 0:03:51.280 does he actually illustrate that. 0:03:51.240 --> 0:03:52.720 To the voters in the general? 0:03:53.320 --> 0:03:55.640 I mean, you know, everybody who hasn't followed his career 0:03:55.640 --> 0:03:58.000 closely is just going to know DeSantis for don't say 0:03:58.040 --> 0:04:00.920 gay and you know, trying to fight Mickey Mouse. 0:04:02.360 --> 0:04:03.640 Is that really going to help him? 0:04:04.680 --> 0:04:05.000 Well? 0:04:05.080 --> 0:04:09.240 I think amongst the core, you know, really conservative and 0:04:09.360 --> 0:04:13.680 highly religious wing of the primary elector at the Republican Party, 0:04:13.720 --> 0:04:16.480 which you also saw Senator Tim Scott from South Carolina 0:04:16.520 --> 0:04:18.560 trying to appeal to number of times last night at 0:04:18.560 --> 0:04:19.400 the debate stage. 0:04:19.520 --> 0:04:20.880 That will appeal to them. 0:04:21.080 --> 0:04:23.880 And we've seen the rise of a lot of anti 0:04:24.000 --> 0:04:27.640 gay legislation rhetoric and state legislatures. So in the core 0:04:27.839 --> 0:04:31.240 red states that might help the Santis in the primary process. 0:04:31.480 --> 0:04:34.200 But in some of the bluer or mixed purple states, 0:04:34.240 --> 0:04:37.680 you know, Michigan, Ohio, bigger states in the Republican primary, 0:04:37.880 --> 0:04:40.039 I'm not sure how that plays, and I just don't 0:04:40.040 --> 0:04:42.760 know how far that gets him. And I think his 0:04:43.080 --> 0:04:46.000 challenge is to really show that his poll numbers can 0:04:46.040 --> 0:04:48.159 move up in the next couple of weeks, that they 0:04:48.200 --> 0:04:50.560 can move at all. If you can show that by 0:04:50.560 --> 0:04:53.120 September twenty seventh, the next debate, then I think he 0:04:53.200 --> 0:04:55.880 becomes still the story of being the number. 0:04:55.640 --> 0:04:56.400 Two behind Trump. 0:04:56.520 --> 0:04:57.839 Did Mike Pence? 0:04:57.960 --> 0:05:01.000 You know, I had to get up very early this morning, 0:05:01.000 --> 0:05:02.960 so I went to bed before the debate, but I 0:05:03.000 --> 0:05:06.440 heard there was a question of whether or not each 0:05:06.480 --> 0:05:09.080 candidate would support Donald Trump if he wins the nomination. 0:05:09.600 --> 0:05:13.479 Did Mike Pence raise his hand there? Because you would 0:05:13.520 --> 0:05:18.719 think he would still harbor a little resentment from the 0:05:18.760 --> 0:05:20.640 time that Trump tried to have him lynched. 0:05:22.040 --> 0:05:25.800 He well, he so Mike Pence, I thought, as I said, 0:05:25.800 --> 0:05:26.680 I thought he held. 0:05:26.440 --> 0:05:28.120 His own and better than held his own. 0:05:28.200 --> 0:05:30.880 Last night he was very feisty for Mike Pence from 0:05:30.880 --> 0:05:33.839 what we've seen before, but he sort of hedged on it. 0:05:33.880 --> 0:05:35.680 But what he didn't edge on him was if Trump 0:05:35.960 --> 0:05:38.599 was convicted. That was a weird thing, like, well, you know, 0:05:38.640 --> 0:05:42.320 the question was if Trump is convicted, not indicted, but convicted, 0:05:42.600 --> 0:05:45.480 would you still support him? And most of the nominees 0:05:45.520 --> 0:05:48.880 except for Asa Hutchinson, raised their hand and Mike Christie 0:05:48.920 --> 0:05:51.360 sort of waved his hand and then said, oh, no, no, 0:05:51.480 --> 0:05:53.440 and then Mike Pence kind of raised his hand a 0:05:53.480 --> 0:05:55.640 little bit. But it was not a profile and courage 0:05:55.640 --> 0:05:58.160 for any of the people on that stage. And as 0:05:58.200 --> 0:05:59.960 one of them said to another, if you support the 0:06:00.040 --> 0:06:02.720 rule of law, you know, how can you possibly discount 0:06:02.800 --> 0:06:05.080 this kind of conviction. So this is going to be 0:06:05.120 --> 0:06:08.280 a problem for the Republicans moving forward. I didn't see 0:06:08.320 --> 0:06:11.360 anything last night from most of those candidates that would 0:06:11.360 --> 0:06:15.720 tell me independent voters would choose them over Biden yet 0:06:16.080 --> 0:06:18.680 and I saw some inkling that some of them could 0:06:18.720 --> 0:06:21.000 peel away that group from Biden. 0:06:21.040 --> 0:06:22.720 All right, Wendy, thank you so much for joining us. 0:06:22.839 --> 0:06:25.720 Wendy Schuler, Professor at Brown University. Right now, I want 0:06:25.760 --> 0:06:27.840 to bring in McK mulroy. He's the co founder of 0:06:28.000 --> 0:06:31.760 the Lobo Institute, and he's got a lot of experience 0:06:31.800 --> 0:06:34.880 within the US government, former US Marine Infantry officer, former 0:06:34.920 --> 0:06:39.120 Power Military Operations officer at CIA Hey Nick. Part of 0:06:39.320 --> 0:06:42.200 the debate last night, I was talking about Ukraine. Love 0:06:42.279 --> 0:06:45.920 to get your thoughts to where the Republican Party is 0:06:46.080 --> 0:06:48.400 in its support of Ukraine. Did you learn anything at 0:06:48.440 --> 0:06:50.000 the debate last night, one way or the other? 0:06:52.320 --> 0:06:54.960 So unfortunately I was I was on the news talking 0:06:54.960 --> 0:06:58.000 about precosions, possible demise night. 0:06:58.080 --> 0:06:59.599 Yeah, we want to get your thoughts on that as well. 0:07:00.800 --> 0:07:03.520 Yeah sure, but when it comes to Ukraine. And I 0:07:03.560 --> 0:07:07.520 do stay out of politics altogether, but not on the 0:07:07.560 --> 0:07:11.320 issue of national security. When it comes to Ukraine, I 0:07:11.360 --> 0:07:14.680 think it's important that this adminised, current administration does a 0:07:14.720 --> 0:07:18.560 better job explaining the why we're doing it, not just 0:07:18.600 --> 0:07:21.520 the what. It doesn't do much good just to talk 0:07:21.520 --> 0:07:25.120 about the billions of dollars that are going there. I'm 0:07:25.160 --> 0:07:27.480 not opposed to that at all, but it's more important 0:07:27.520 --> 0:07:30.480 to talk about why. And I think there's plenty of 0:07:30.640 --> 0:07:33.880 Republican candidates that do understand the why, and they are 0:07:33.960 --> 0:07:37.640 explaining it. We have a strong partnership with Ukraine. They 0:07:37.640 --> 0:07:41.080 have been invaded a lawfully by one of our most 0:07:41.120 --> 0:07:46.520 significant adversaries, who, if left unchecked, could easily continue on 0:07:46.560 --> 0:07:48.560 into a NATO country, which would put us at war. 0:07:48.640 --> 0:07:52.240 So I actually just got out of the Churchill War 0:07:52.360 --> 0:07:55.880 Room here in London about an hour before this. And 0:07:55.920 --> 0:07:58.080 if that tells you, if you look at that history 0:07:58.080 --> 0:08:00.960 and how the United States support support AR did England 0:08:01.000 --> 0:08:04.160 during the during that time, I view this very much 0:08:04.200 --> 0:08:06.560 the same. And I hope that everybody that would ever 0:08:06.600 --> 0:08:09.240 seek to be the commander in chief what as well. 0:08:09.320 --> 0:08:12.960 Partners deserve to have partners in times of peace and 0:08:13.040 --> 0:08:13.800 in times of war. 0:08:13.920 --> 0:08:16.560 Well only for so long, right, I mean? President Biden 0:08:16.600 --> 0:08:18.720 showed that no matter what kind of promises we made 0:08:18.720 --> 0:08:21.960 to the Afghani people, we pulled out of there without 0:08:22.360 --> 0:08:24.040 without saving them. 0:08:24.440 --> 0:08:26.040 Do you think that's going to be a problem for 0:08:26.160 --> 0:08:27.160 him in the election. 0:08:29.360 --> 0:08:32.439 The Afghan withdrawal. I absolutely do think that's going to 0:08:32.480 --> 0:08:35.480 be a problem, particularly not that we're a big voting 0:08:35.520 --> 0:08:39.680 block with the Afghan veterans that you know. My position, 0:08:39.760 --> 0:08:41.599 although it doesn't matter much, was that we should have 0:08:41.640 --> 0:08:44.960 left for residual force to maintain what we fought for 0:08:44.960 --> 0:08:48.200 for twenty years. But we certainly shouldn't have not just 0:08:48.320 --> 0:08:52.520 abruptly pulled out and left all of our partners, those 0:08:52.559 --> 0:08:56.000 that fought alongside us for twenty years, to the whim 0:08:56.200 --> 0:08:59.920 of the Taliban. I think that was a national embarrassment, 0:09:00.040 --> 0:09:03.640 and I think most Americans, regardless of the party they're in, 0:09:04.160 --> 0:09:05.840 I agree with that, and I do agree with the 0:09:05.840 --> 0:09:08.280 premiacy of question. I think that's going to cause some 0:09:08.320 --> 0:09:11.280 problems at least as much as foreign policy does play 0:09:11.280 --> 0:09:14.360 into a president election. That is a blight I think 0:09:14.440 --> 0:09:15.840 on this administrative. 0:09:15.320 --> 0:09:20.559 Let's get to what happened in Russia yesterday. Reportedly you 0:09:20.600 --> 0:09:23.360 have get any Pregotion was on a private plane that 0:09:23.440 --> 0:09:28.200 crashed outside of Moscow, And as most commentators have said, 0:09:28.240 --> 0:09:30.400 if that's true, it's not a huge surprise because his 0:09:30.559 --> 0:09:37.640 days were numbered after leading some kind of mutiny against Moscow. 0:09:38.240 --> 0:09:39.360 What's your take on that? 0:09:39.440 --> 0:09:42.480 How does that change the picture for Wagner, for Ukraine 0:09:42.720 --> 0:09:45.160 for Russia. 0:09:45.880 --> 0:09:50.199 So if progosion and apparently Utken and Utkin was actually 0:09:50.520 --> 0:09:53.480 the person who started Wagner his call sign when he 0:09:53.559 --> 0:09:57.120 was in Russian special Forces was Wagner. He was apparently 0:09:57.160 --> 0:10:00.760 on the plane as well. If he is on that plane, 0:10:00.760 --> 0:10:03.440 it looks like the Kremlin may have been trying to 0:10:03.440 --> 0:10:07.400 figure out how do they deal with Wagner post pregosion, 0:10:08.040 --> 0:10:11.080 and apparently, if this is true, they figured it out, 0:10:11.200 --> 0:10:15.360 and that's how that's why this event occurred. They need 0:10:15.400 --> 0:10:19.080 to figure out how to continue operations they find economically 0:10:19.160 --> 0:10:22.959 viable in Africa, for example, without him, and maybe they 0:10:22.960 --> 0:10:25.920 did that, and that is likely in my it's just 0:10:26.040 --> 0:10:29.440 an analysis. I don't have any information specifically on that, 0:10:29.640 --> 0:10:32.000 but why this took so long to happen, all right? 0:10:32.080 --> 0:10:34.560 And I think from all the analysis I've seen, it 0:10:34.679 --> 0:10:37.120 was definitely something that struck the plane that brought it down. 0:10:37.160 --> 0:10:38.520 All right, Mick, thanks so much. We have to run 0:10:38.559 --> 0:10:40.160 just because of the time. Mc morroy, co founder of 0:10:40.200 --> 0:10:41.480 the Lobo Institute. 0:10:42.600 --> 0:10:46.000 You're listening to the Team Ken's are Live program Bloomberg 0:10:46.080 --> 0:10:48.359 Markets weekdays at ten am Eastern. 0:10:48.120 --> 0:10:49.480 On Bloomberg dot Com. 0:10:49.520 --> 0:10:52.640 The iHeartRadio app and the Bloomberg Business app or listen 0:10:52.720 --> 0:10:54.800 on demand wherever you get your podcast. 0:10:56.760 --> 0:10:59.520 Welcome to Bloomberg Television. I'm Ann Recverder and alongside Joe 0:10:59.559 --> 0:11:03.080 Matthew or please to have joining us now the former 0:11:03.120 --> 0:11:07.960 South Carolina governor and u N Ambassador NICKI Haley Ambassador, 0:11:08.000 --> 0:11:09.600 Thank you so much for your time this morning. The 0:11:09.600 --> 0:11:12.280 Wall Street Journal editorial board is leading with this. Most 0:11:12.320 --> 0:11:15.319 GOP voters who aren't in Iowa or New Hampshire are 0:11:15.360 --> 0:11:17.920 only getting to know these candidates, and Miss Haley may 0:11:17.960 --> 0:11:20.120 have been the most pleasant surprise. 0:11:20.520 --> 0:11:22.040 How are you feeling this morning? 0:11:22.040 --> 0:11:24.640 What have your overnight fundraising numbers looked like? 0:11:26.720 --> 0:11:28.920 Well, there's more where that came from. So the Wall 0:11:28.960 --> 0:11:31.160 Street Journal needs to get ready. But you know, it's 0:11:31.200 --> 0:11:33.240 great when you can be on a debate stage and 0:11:33.280 --> 0:11:36.360 allow everybody to see their options for who's going to 0:11:36.480 --> 0:11:39.280 lead the country going forward. I think it's a good time. 0:11:39.400 --> 0:11:42.240 This is the start of the debate season. We think 0:11:42.280 --> 0:11:45.080 we did really well. We're seeing that we're getting support. 0:11:45.520 --> 0:11:48.160 It hasn't stopped since the debate was over last night, 0:11:48.240 --> 0:11:50.720 all the way into this morning, and we welcome it. 0:11:50.760 --> 0:11:53.120 I hope your viewers will go to Nicki Haley dot com. 0:11:53.120 --> 0:11:56.200 But I think what's really important is we have to 0:11:56.280 --> 0:11:58.600 focus on the issues at hand. 0:11:59.040 --> 0:12:00.800 How do we get inflation down. 0:12:01.240 --> 0:12:05.280 Too many families can't afford groceries, they can't afford their rent, 0:12:05.320 --> 0:12:09.240 they can't afford gas, they can't afford childcare. Fifty percent 0:12:09.240 --> 0:12:11.840 of American families can't pay for diapers, and one in 0:12:11.960 --> 0:12:15.440 six American families can't pay their utility bill. And while 0:12:15.520 --> 0:12:18.200 everybody would love to say, oh, Biden did that to us, 0:12:18.520 --> 0:12:21.000 we have to remember our Republicans did that to us 0:12:21.080 --> 0:12:24.080 as well. And that's why I called out Tim Scott 0:12:24.120 --> 0:12:27.920 and Ron Desanis and Mike Pens and Donald Trump for 0:12:27.960 --> 0:12:30.480 the you know, spending like drunken sailors and raising the 0:12:30.960 --> 0:12:33.080 debt limit. I think it's time that we start to 0:12:33.120 --> 0:12:35.480 really make sure we get our fiscal sanity in order. 0:12:36.400 --> 0:12:38.040 Yeah, that was a big moment for you last night, 0:12:38.040 --> 0:12:40.440 calling out not only Democrats but members of your own 0:12:40.480 --> 0:12:44.319 party on that debate stage and here in Washington, Ambassador, 0:12:44.640 --> 0:12:47.680 as you pointed out, specifically, the Trump administration added eight 0:12:47.760 --> 0:12:50.360 trillion dollars to our debts. So let's be specific today 0:12:50.400 --> 0:12:53.559 on Bloomberg, the third rail that nobody wants to touch 0:12:54.040 --> 0:12:57.400 is the entitlement Social Security, Medicare. How would you manage 0:12:57.400 --> 0:13:00.800 the entitlements to try to start getting our arms around 0:13:00.800 --> 0:13:01.440 soaring debt. 0:13:03.320 --> 0:13:05.680 Well, you know, you've got multiple candidates on that stage 0:13:05.720 --> 0:13:08.560 that said they wouldn't touch in titlements, including Trump, And 0:13:08.720 --> 0:13:11.280 any candidate that says they're not going to touch entitlements 0:13:11.640 --> 0:13:13.880 means that they're basically going to go into the go 0:13:13.920 --> 0:13:17.640 into office, and then leave America bankrupt. Social Security is 0:13:17.640 --> 0:13:20.080 going to go bankrupt in ten years, Medicare is going 0:13:20.120 --> 0:13:22.040 to go bankrupt in eight. So the way we deal 0:13:22.120 --> 0:13:25.720 with it is we don't touch anyone's retirement or anyone 0:13:25.760 --> 0:13:28.440 who's been promised in. But we go to people like 0:13:28.520 --> 0:13:30.760 my kids in their twenties when they're coming into the 0:13:30.800 --> 0:13:33.520 system and we say the rules have changed. We change 0:13:33.559 --> 0:13:37.280 retirement age to reflect life expectancy instead of cost of 0:13:37.320 --> 0:13:38.160 living increases. 0:13:38.200 --> 0:13:39.560 We do it based on inflation. 0:13:39.960 --> 0:13:43.000 We limit the benefits on the wealthy, and we expand 0:13:43.040 --> 0:13:44.480 Medicare advantage plans. 0:13:45.760 --> 0:13:47.400 What's the right age there that investador? 0:13:48.480 --> 0:13:50.160 Well, I think we have to do the numbers. We've 0:13:50.200 --> 0:13:51.640 got to figure out what it is. But what we 0:13:51.679 --> 0:13:54.400 do know is sixty five is way too low, and 0:13:54.440 --> 0:13:55.600 we need to increase that. 0:13:55.640 --> 0:13:59.040 We need to do it according to life expectancy. 0:13:59.360 --> 0:14:00.000 You raise your hand. 0:14:00.040 --> 0:14:01.800 And last night, when asked if you would support the 0:14:01.840 --> 0:14:04.960 Republican nominee, of course if that ended up being someone else. 0:14:05.000 --> 0:14:07.520 I know you're running for president here, but if Donald 0:14:07.559 --> 0:14:10.480 Trump was responsible for adding eight trillion dollars to the 0:14:10.800 --> 0:14:14.160 national debt, how could you support him again for another administration? 0:14:15.760 --> 0:14:17.640 Well, first of all, I don't think Donald Trump's going 0:14:17.679 --> 0:14:19.440 to win the nomination. I think I'm going to win 0:14:19.480 --> 0:14:22.240 the nomination. And secondly, I think that we have to 0:14:22.240 --> 0:14:25.160 focus on the fact that anybody is better than a 0:14:25.200 --> 0:14:26.480 president Kamala Harris. 0:14:26.560 --> 0:14:27.360 I mean, you look. 0:14:27.200 --> 0:14:30.680 At the socialism creep that Biden and Harris have gotten 0:14:30.760 --> 0:14:33.680 us into, whether it's the Chips Act, whether it's Inflation 0:14:33.840 --> 0:14:36.880 Reduction Act, whether you see all of these subsidies that 0:14:36.920 --> 0:14:39.680 they are green subsidies that they're doing. They're the ones 0:14:39.680 --> 0:14:42.360 that have left us into a situation where I don't 0:14:42.400 --> 0:14:43.160 think our kids are. 0:14:43.120 --> 0:14:44.200 Going to forgive us for it. 0:14:44.520 --> 0:14:47.760 And so any person on that stage is better than 0:14:47.960 --> 0:14:50.280 Kamala Harris. And I'm going to say that all day long, 0:14:50.320 --> 0:14:52.640 but I think the American people are smart. I don't 0:14:52.680 --> 0:14:55.160 think Donald Trump's going to be the winner of the primary. 0:14:55.320 --> 0:14:57.120 I think I'm going to be the winner of the primary. 0:14:57.160 --> 0:14:59.640 And I think that's why we need a new generational 0:15:00.040 --> 0:15:03.160 conservative leader, because we've got to leave the past and 0:15:03.200 --> 0:15:05.680 the negativity behind us, and we've got to start focusing 0:15:05.680 --> 0:15:08.480 on the real problems at hand and start getting things 0:15:08.520 --> 0:15:10.040 done when. 0:15:10.000 --> 0:15:13.360 Look at the new generation, the most googled individual today, 0:15:13.680 --> 0:15:17.720 Ambassador is Vivek Ramaswami. You took issue as foreign policy 0:15:17.800 --> 0:15:20.880 yesterday as an individual number one googled in America. Who 0:15:20.920 --> 0:15:24.440 wants to give Ukrainian land back to Russia, something that 0:15:24.440 --> 0:15:27.720 actually individuals in the Republican base agree with. Kind of 0:15:27.760 --> 0:15:31.400 taking a playbook from the former president who has called 0:15:31.480 --> 0:15:35.000 what Putin has done in Ukraine genius and savvy. You 0:15:35.200 --> 0:15:39.040 chastise mister Rabiswami yesterday, but you worked for the former president. 0:15:39.320 --> 0:15:41.600 Are both these men wrong when it comes to Russia's 0:15:41.640 --> 0:15:42.600 invasion of Ukraine? 0:15:44.640 --> 0:15:47.120 Well, you know, President Trump used to have it right 0:15:47.160 --> 0:15:49.400 when it came to Russia and Ukraine. He reversed the 0:15:49.400 --> 0:15:53.120 Obama strategy and he sent Javelin missiles to Ukraine and 0:15:53.160 --> 0:15:55.520 I was proud to serve with him. Then he's now 0:15:55.600 --> 0:15:58.880 backtracked now and is going into where he's weaken the 0:15:58.960 --> 0:16:02.800 knees on Russia again. You've got vivid Ramaswami who basically 0:16:03.240 --> 0:16:07.480 wants to side with a murderer over a pro America, 0:16:07.600 --> 0:16:11.160 freedom loving country. That doesn't make sense. You've got Ramaswami 0:16:11.160 --> 0:16:14.400 who wants to cut aid to Israel. He doesn't understand 0:16:14.600 --> 0:16:17.640 that it's not that America needs Israel. It's not that 0:16:17.680 --> 0:16:20.920 Israel needs America. America needs Israel. They're the frontline of 0:16:20.920 --> 0:16:24.000 defense for Iran. He wants to feed Taiwan to China. 0:16:24.320 --> 0:16:27.000 He's missing all the points of You can't be so 0:16:27.240 --> 0:16:31.560 narcissistic to think America doesn't need allies. We do need allies, 0:16:31.760 --> 0:16:34.000 and when you have an ally, you take care of them. 0:16:34.280 --> 0:16:37.280 Everybody's talking about this funding to Ukraine. First of all, 0:16:37.280 --> 0:16:41.080 I think economic aid should come from the Europeans, but equipment, 0:16:41.200 --> 0:16:45.640 military ammunition, we should be sending that. And when we 0:16:45.760 --> 0:16:48.320 send it. Let's keep in mind it is less than 0:16:48.360 --> 0:16:50.760 three and a half percent of our defense budget that 0:16:50.800 --> 0:16:53.360 has gone to Ukraine. If you look at the percentage 0:16:53.360 --> 0:16:57.800 of GDP eleven European countries have paid more than the US, 0:16:58.200 --> 0:17:00.840 but making sure we have to always a win for 0:17:00.960 --> 0:17:03.360 Russia is a win for China, and we can't let 0:17:03.400 --> 0:17:03.920 that happen. 0:17:05.000 --> 0:17:06.840 You're saying Trump did get it right at one point, 0:17:06.840 --> 0:17:10.200 but it was under the Trump administration that withheld millions 0:17:10.400 --> 0:17:14.120 of dollars hundreds of millions to Ukraine that was appropriated 0:17:14.160 --> 0:17:18.280 by Congress. Did they not prepare Kiev well enough for 0:17:18.359 --> 0:17:19.200 this onslaught? 0:17:21.240 --> 0:17:21.400 Well? 0:17:21.480 --> 0:17:21.879 I think that. 0:17:21.960 --> 0:17:23.960 Look, there was a problem with the fact that I 0:17:23.960 --> 0:17:27.040 think Trump had two sets of ammunitions that were supposed 0:17:27.040 --> 0:17:30.119 to go to military equipment and ammunitions that were supposed 0:17:30.160 --> 0:17:33.080 to go to Ukraine before Russia invaded, and Biden pulled 0:17:33.119 --> 0:17:35.159 it because he didn't want to upset Putin. 0:17:35.720 --> 0:17:37.400 This war could have been prevented. 0:17:37.560 --> 0:17:40.760 Biden was slow to the take he didn't act strong enough, 0:17:41.040 --> 0:17:43.119 and that's what happened. And then you go and you 0:17:43.160 --> 0:17:44.840 add the Afghanistan debacle. 0:17:45.160 --> 0:17:46.240 I mean the idea that. 0:17:46.160 --> 0:17:49.119 We left Bagram Air Force Base in the middle of 0:17:49.160 --> 0:17:52.240 the night without telling our allies who stood shoulder to 0:17:52.280 --> 0:17:54.800 shoulder with us for decades because we asked them to 0:17:54.800 --> 0:17:58.000 be there. It was the green light putin needed. It 0:17:58.119 --> 0:18:01.560 was the excitement that pressed she and China got. It's 0:18:01.560 --> 0:18:05.840 why Ron started building a bomb and North Korea started 0:18:05.840 --> 0:18:09.359 testing ballistic missiles. When they see weakness, that's when they 0:18:09.440 --> 0:18:12.040 smell blood in the water, and that's why we saw aggression. 0:18:12.280 --> 0:18:16.679 We need a strong American president who understands what it 0:18:16.840 --> 0:18:19.880 takes to keep Americans safe. And the way you do 0:18:19.920 --> 0:18:22.320 that is you make sure you defeat Russia when it 0:18:22.359 --> 0:18:24.760 comes to Ukraine, because that sends the biggest sign to 0:18:24.880 --> 0:18:26.560 China on not to invade Taiwan. 0:18:29.160 --> 0:18:31.480 The Biden administration at the moment is sending billions of 0:18:31.480 --> 0:18:34.160 dollars to Ukraine. They've also, under their leadership, were able 0:18:34.160 --> 0:18:35.760 to help expand NATO. 0:18:36.119 --> 0:18:37.040 Do you not agree with that? 0:18:39.000 --> 0:18:42.840 I absolutely agree with defending Ukraine, and I agree with 0:18:42.880 --> 0:18:45.120 the fact that we need to expand NATO. I mean, 0:18:45.520 --> 0:18:47.960 it's good to see and I actually think that it 0:18:47.960 --> 0:18:50.360 should go further than that. I think that an invitation 0:18:50.800 --> 0:18:53.280 to NATO should go to Ukraine. They've proven that they're 0:18:53.320 --> 0:18:56.680 good military fighters. And let's keep in mind, Russia has 0:18:56.760 --> 0:19:00.680 never invaded a non NATO country. They've invaded Georgia, they've 0:19:00.680 --> 0:19:04.560 invaded Ukraine, They've invaded Moldova. They don't ever invade a 0:19:04.640 --> 0:19:07.320 non NATO country. So we need to make sure that 0:19:07.400 --> 0:19:09.960 we continue to expand NATO. And we also need to 0:19:10.000 --> 0:19:14.880 work with our other allies India, Australia, Japan, South Korea, Israel. 0:19:15.000 --> 0:19:17.320