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Speaker 1: Live from our nation's camera. How do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do for the United States relationship with China?

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Speaker 1: Bloomberg Sound on, the insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. We're looking at seventy Kennedys for different vectories.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin

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Speaker 1: Surrelate on Bloomberg and one oh five point seven f

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Speaker 1: m h D two A CB talks healthcare to the

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Speaker 1: Senate Judiciary Committee, plus Joe Biden and President Trump back

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Speaker 1: out on the campaign traw. We've got every angle covered,

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Speaker 1: and President Trump and the Republicans are divided on stimulus

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Speaker 1: as Speaker Pelosi demands a revamp. I was up in

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Speaker 1: the Senate today as Judge Amy Coney Barrett began her

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Speaker 1: question and answer portion before the Senatejudiciary Committee. Now, of course,

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Speaker 1: there are multiple multiple stories that are convened upon this

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Speaker 1: one Senate Judiciary Committee hearing room. You've got a political

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Speaker 1: backdrop with Democratic presidential nominee Joe Biden and President Trump

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Speaker 1: campaigning and a sprint to the finish, and now Joe

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Speaker 1: Biden saying that he is not in favor of expanding

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Speaker 1: the Supreme Court. Meanwhile, you have President Trump trying to

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Speaker 1: make inroads with suburban women, which he is getting completely

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Speaker 1: losing grounds multiple grounds in the polls uh and and

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Speaker 1: trying to rally up the conservative base to change the

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Speaker 1: trajectory of the of the of the race and using

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Speaker 1: the Supreme Court to do so. Then you've got the

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Speaker 1: Senate races, the chairman of the Committee itself, Lindsey Graham,

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Speaker 1: locked in a very competitive race in South Carolina. And then,

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Speaker 1: of course there is the policy on a collision course

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Speaker 1: with regards to the Affordable Care Act, and should Judge

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Speaker 1: Amy Coney there it be confirmed to the Supreme Court

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Speaker 1: as is expected, then she'll be sitting on the bench

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Speaker 1: for a not in a sports metaphor way, She'll be

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Speaker 1: literally on the score. This bench ruling on the Affordable

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Speaker 1: Care Act in mid November, which will rule on the

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Speaker 1: constitutionality of Obamacare. Take a listen. So one of the

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Speaker 1: key moments of a CB she weighed in on healthcare here,

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Speaker 1: she is, I'm not sure to the extent there's a

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Speaker 1: suggestion that I have an agenda that I want to

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Speaker 1: strike down people's protection for pre existing conditions. That's just

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Speaker 1: not true. Um, I've never taken that position. And as

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Speaker 1: I've also said repeatedly, any policy preferences that I have

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Speaker 1: don't matter anyway, They're irrelevant. So making that law coming

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Speaker 1: out with the contours of the A c A. That's

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Speaker 1: your job. So she spoken in very candid terms without

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Speaker 1: saying specifically what how she would rule on a specific case,

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Speaker 1: and not to be expected. Dan Flatley's with us. He

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Speaker 1: is a Bloomberg Congress reporter. Dan, you were following these

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Speaker 1: hearings all day. What did you What was your big takeaway?

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Speaker 1: So I think that you know, in general, she uh,

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Speaker 1: Judge Barrett has managed to sort of avoid, uh, some

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Speaker 1: of the pitfalls that that could could could trip her up.

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Speaker 1: She's been pressed repeatedly, of course, on depending case regarding

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Speaker 1: the Affordable Care Act that Supreme Court will here shortly

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Speaker 1: after the election, and also on whether she would potentially

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Speaker 1: rule on a contested election. She's been asked by the

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Speaker 1: Democratic members of the committee to recuse herself. Um, she

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Speaker 1: hasn't committed to that. She said she will take each

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Speaker 1: case as it comes. But she did say that one

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Speaker 1: she um has no malice towards the Affordable Care Act,

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Speaker 1: no malice toward any law, and to that, she has

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Speaker 1: made no commitments to anyone at the White House regarding

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Speaker 1: the Affordable Care Act or the election. So UM. Democratic

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Speaker 1: members on the committee obviously a little bit skeptical of

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Speaker 1: that as as is there sort of course so far,

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Speaker 1: but she's she's definitely not tripped up too badly at

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Speaker 1: this point. And the hearings will will continue to nine

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Speaker 1: o'clock tonight, So still a ways to go, still a

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Speaker 1: ways to go, for sure, I want to play for you.

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Speaker 1: Dan Flatley, Bloomberg Corners reporter, what a CB had to

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Speaker 1: say on Roe v. Wade because she was she has

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Speaker 1: not again offered a stance on on most top button issues,

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Speaker 1: including on Roe v. Wade, and that is to be expected.

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Speaker 1: You don't anticipate that a that a scotis UH nomination

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Speaker 1: will will say specifically how they would rule in a

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Speaker 1: hypothetical case. Um, And she offered no hints on how

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Speaker 1: she would vote should the court should and this is

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Speaker 1: a keyword, should the Court reconsider rov. Wade because there

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Speaker 1: isn't a case before the Supreme Court right now on

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Speaker 1: that particular case. And she said she doesn't consider that

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Speaker 1: landmark abortion rights ruling a quote super precedent end quote

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Speaker 1: that would be unthinkable to overturn. Take a listen here,

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Speaker 1: she isn't, her own words, cases that are so well

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Speaker 1: settled that no political actors and no people seriously pushed

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Speaker 1: for their over ruling. And I'm answering a lot of

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Speaker 1: questions about Row, which I think indicates that wrote doesn't

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Speaker 1: fall in that category. So how what did Democrats specifically

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Speaker 1: ask and describe some of those moments on Roe v.

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Speaker 1: Wade as it came up in the Senate Judiciary Committee

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Speaker 1: hearing today? Sure? Yeah, I mean I think that that

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Speaker 1: exchange over the super precedent was was really interesting. Um.

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Speaker 1: Judge Barrett was asked about you on the landmark ruling

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Speaker 1: in Brown versus Board of Education, and what she said

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Speaker 1: there was that that was a super precedent. In other words,

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Speaker 1: it's it's uh so well settled that nobody would would

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Speaker 1: bring it up as a as a contentious case. Um.

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Speaker 1: She said that wasn't the case with Roe v. Wade,

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Speaker 1: That it wasn't a super precedent, that it is controversial

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Speaker 1: that there are cases that could come for the Supreme

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Speaker 1: Court UM regarding that ruling, but that it didn't necessarily

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Speaker 1: mean that Row wasn't settled laws. So she sort of

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Speaker 1: kind of took a middle road there, UM. But she

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Speaker 1: was definitely pressed on Roe v. Wade several times by

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Speaker 1: the Democratic members of the committee, who, in addition to

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Speaker 1: um uh those sorts of questions also brought up healthcare repeatedly. UM.

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Speaker 1: They wanted to make healthcare sort of front and center

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Speaker 1: in this hearing, UH, and they asked her a lot

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Speaker 1: about the Affordable Care Act, They asked her a lot

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Speaker 1: about Roe v. Way, They asked her about voting rights,

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Speaker 1: but they repeatedly brought up stories of their constituents who

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Speaker 1: benefited for um um coverage under the Affordable Care Acts.

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Speaker 1: So you know they're they're speaking to sort of a

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Speaker 1: broader audience with that. You know, they're taking their case

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Speaker 1: directly to the voters who who may be watching or

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Speaker 1: the people that may be seeing clips of this later on,

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Speaker 1: UM to sort of make their case in public. Because

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Speaker 1: at this point, there's there's little doubt that the Republicans

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Speaker 1: have the votes to confirm Judge Barrett. So they're not

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Speaker 1: trying to convince their colleagues, and they're not necessarily trying

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Speaker 1: to find out anything probative about Judge Barrett's judicial philosophy.

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Speaker 1: They're really sort of making a case to the American

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Speaker 1: people with their questions. Say Dan Flatley on the line,

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Speaker 1: he is a Bloomberg Congress supporter, making an incredibly smart

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Speaker 1: and poignant point there, folks, that they're not just playing

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Speaker 1: to the room, They're playing to the entire country. They

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Speaker 1: are playing for what is at stake on November three,

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Speaker 1: when the voting ends, I should say, uh, and that

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Speaker 1: is control of the Senate, control of the how majorities

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Speaker 1: in Congress. And so it's particularly uh notable when you've

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Speaker 1: got the vice presidential nominee for the Democrats, Kamala Harris,

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Speaker 1: on the committee. You've got a rising star and Senator

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Speaker 1: Josh Holly, a Republican from Missouri, who accused Democrats of

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Speaker 1: attacking Barrett for her Catholic faith, saying that they have

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Speaker 1: tried to institute a quote religious test end quote for

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Speaker 1: the Supreme Court and violation of the Constitution. So you've

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Speaker 1: got every which way of political imagery Senator Mike Lee,

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Speaker 1: a Republican from Utah, recovering from the coronavirus, saying that

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Speaker 1: he has tested negative speaking in the hearing room without

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Speaker 1: a mask. This is Democrats bringing up during the confirmation

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Speaker 1: hearing room or during during the confirmation proceedings about what

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Speaker 1: they're calling a super spreader event at the White House

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Speaker 1: on the day jud Jamie Coney Barrett was announced as

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Speaker 1: the as the President's choice. So just a remarkable, remarkable

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Speaker 1: political moment twenty one days out until the November three elections,

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Speaker 1: again not just for the President, but also for the

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Speaker 1: Senate and for the House. I got a minute left

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Speaker 1: with you, Dan, thanks so much for breaking this down.

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Speaker 1: Any closing thoughts on what we should be looking out

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Speaker 1: for tomorrow and for the rest of the weekend when

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Speaker 1: we might get a vote from the committee and then

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Speaker 1: very quickly uh in the Senate right so um um.

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Speaker 1: As far as the VOCs, Senator Lindsey Graham, who's the

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Speaker 1: chairman of the committee, said that he will hold a vote.

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Speaker 1: I believe it's a week from Thursday, So if the

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Speaker 1: hearing is what we'll wrap up Thursday, so October will

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Speaker 1: be the vote out of committee. Uh. And then Senator

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Speaker 1: Mitch McConnell, the Senate majority leader, obviously has said that

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Speaker 1: they will move on that swiftly. But you know, we're

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Speaker 1: talking about October. The difference between October and November three

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Speaker 1: election day is is pretty it's pretty narrow window. Um,

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Speaker 1: so they can't afford to lose any anybody. Uh. You

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Speaker 1: know you mentioned the coronavirus, and that's kind of a

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Speaker 1: salient po here because you had two members who were

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Speaker 1: you know, there was some question whether they would be

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Speaker 1: able to attend. Um, you can't get sick. They can't

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Speaker 1: get sick. Absolutely smart point right there, Dan Flatly, thank

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Speaker 1: you so much for your time, Bloomberg counter Supporter. More

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Speaker 1: coming up next, Dan Flatly all over the story for us.

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Speaker 1: More coming up next year. Listening Bloomberg nine and nine one.

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Speaker 1: This is Bloomberg Sound On with Kevin Surrele on Bloomberg

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Speaker 1: and one oh five point seven FM HD two. My

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Speaker 1: name is Kevin Surreally. I'm the chief Washington correspondent for

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Speaker 1: Bloomberg Television and Bloomberg Radio. And has anyone else been

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Speaker 1: getting all these links for all this stuff that you

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Speaker 1: don't need on? I don't know if I'm allowed to say.

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Speaker 1: I guess it's like that day where you order online

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Speaker 1: and they you know, on that app, and they all

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Speaker 1: that useless stuff that we've all been ordering all year

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Speaker 1: and then they send it to you. I've been getting

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Speaker 1: so many links. I don't need baskets. I don't need

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Speaker 1: baskets for anything. So I don't know why people. I

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Speaker 1: said to my mother, I texted her, I said, I

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Speaker 1: don't need baskets, And here I am like going through

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Speaker 1: this app. What do I need them? Do I not

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Speaker 1: need them? You know? I don't know. It's I don't

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Speaker 1: know if it's prime day. I guess who who knows?

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Speaker 1: All right? Anyway, joining us on the line to walk

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Speaker 1: us through what happened in the markets today, Arian Virsidani.

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Speaker 1: He is investment strategists at MV Financial and Bethesda, Maryland. Arian,

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Speaker 1: did you order anything offline today? I can't say I did,

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Speaker 1: but I luckily I didn't get any basket offers. Yeah,

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Speaker 1: I guess. I guess because there's all these shows that

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Speaker 1: are streaming that are telling everybody to organize their closets

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Speaker 1: and their kitchens and their whatnot. I saw like Witherspoon's

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Speaker 1: in one they got a Kardashian and one. I thought,

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Speaker 1: you know, what's the other one? Where the Mari condo?

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Speaker 1: I don't understand it anyway, uh too much. Streaming stocks

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Speaker 1: fell on speculation that recent gains and outpaced prospects for

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Speaker 1: a quick end to the stalemate over fresh economic stimulus.

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Speaker 1: Treasuries and the dollar climbed. Banks led lost is in

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Speaker 1: the SMPI, with JP Morgan chasing CO and city groups

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Speaker 1: sinking as investors worried the third quarter earning signaled just

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Speaker 1: to pause in pain from soured loans. All right, so

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Speaker 1: first of all, it's Prime Dad and then Apple had

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Speaker 1: their event. But let's start with what happened in the

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Speaker 1: markets today. Are in what happened in the markets? Sure,

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Speaker 1: I think you're seeing just the normal cysnical pullback and

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Speaker 1: people trying to take stock of where we are. I'm

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Speaker 1: not surprised at all that you see a day like

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Speaker 1: this where you pull back and you break a four

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Speaker 1: day winning streak. I think you're gonna see that kind

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Speaker 1: of market movement for quite a long time here until

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Speaker 1: we really see some sort of catalyst moving us one

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Speaker 1: way or the other. Right now, we're in a holding pattern,

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Speaker 1: So I think that some people are taking stock of

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Speaker 1: you know, the uncertain environment. You know, some days we

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Speaker 1: get ahead of ourselves. Obviously, yesterday was a big up

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Speaker 1: day compared to today as a down day. So I

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Speaker 1: think some people are taking stock of that and realizing, hey,

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Speaker 1: there still is all this uncertainty, uh a front up

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Speaker 1: in front of us and around us. And you know,

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Speaker 1: some of the numbers don't look good. Obviously, the prospects

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Speaker 1: of COVID drawing out longer for company like the financial

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Speaker 1: company and where we're interest rates for longer, that's not

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Speaker 1: a great you know, long term or really intermediate term

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Speaker 1: outlook for now. You know, it's it's a really great point.

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Speaker 1: And meanwhile, you've got Apple and Amazon. What did they

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Speaker 1: do today? Just given you know, we have that Apple

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Speaker 1: event with the five phone and of course Prime Day. Yeah,

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Speaker 1: you know, it's funny. I always say this about Apple,

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Speaker 1: is that Apple seems to be like the most dramatic

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Speaker 1: stock in the re urged out in the market. You know,

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Speaker 1: every time, every time every time there's news, you know,

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Speaker 1: you see people start to you know, say this, you

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Speaker 1: don't make grand you know, sweeping gestures about Apple about

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Speaker 1: you know, this is this iPhone cycle is not going

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Speaker 1: to sell. This is not gonna work. It's too expensive,

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Speaker 1: it's ahead of itself. But you know every time, you know,

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Speaker 1: Apple seems to crush that kind of uh you know,

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Speaker 1: diminishment that people give it, And this is just more

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Speaker 1: of that drama. So I kind of look past it.

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Speaker 1: I think, you know, this is what we expected to see.

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Speaker 1: Is a is a lineup for iPhones? Are people gonna

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Speaker 1: continue to buy iPhones in the COVID era? That's the question,

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Speaker 1: you know, are we going to see the same kind

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Speaker 1: of lines outside? No? But uh, you know, do I

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Speaker 1: am I negative on out Apple after today? No? I'm not.

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Speaker 1: Is to have a place in my portfolio and my

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Speaker 1: client's portfolios. Sure it does. Do I think that investors

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Speaker 1: should overload their portfolios with these big tech companies in

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Speaker 1: space of these tech companies really being the major drivers

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Speaker 1: of the markets today, I don't think so. I think diversification.

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Speaker 1: We tell our clients this diversification remains important. Even though

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Speaker 1: in current market cycle these companies are dominating. You will

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Speaker 1: see other types of companies play an important role in

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Speaker 1: a well positioned portfolio. Breaking news headline crossing the Bloomberg terminal,

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Speaker 1: the Supreme Court is gonna let President Trump uh and

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Speaker 1: the census count early again. If you've been following the

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Speaker 1: census and it's impact on businesses, the Supreme Court allowing

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Speaker 1: for President Trump uh the administration to end the census

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Speaker 1: count early. Aria Vijohnny's with us on line. He is

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Speaker 1: at m V Financial UH in Bethesda, Maryland. Meanwhile, prospects

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Speaker 1: are in for US fiscal stimulus before election day dimmed

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Speaker 1: because you've got Speaker of the House Nancy Pelosi demanding

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Speaker 1: the Trump administration revamp its latest offer and Senate Majority

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Speaker 1: Leader Mitch McConnell pushing a smaller scale strategy that she

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Speaker 1: is still rejecting. So how how is the need for

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Speaker 1: fiscal stimulus? How are investors eyeing the need for fiscal

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Speaker 1: stimulus now that the timeline is once again been punted

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Speaker 1: toward after November three. That's a great question. You know,

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Speaker 1: it goes out saying fiscal spin list is extremely important

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Speaker 1: for the economy at large. You know, you see Fat

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Speaker 1: Palace stays, uh, sorry, Chairman's that the fat powill stay

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Speaker 1: this all the time, that this is really going to

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Speaker 1: become something that really helps you know, uh, you know,

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Speaker 1: and people main street and just a general broad economy,

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Speaker 1: especially companies that are struggling right now. We need to

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Speaker 1: see some sort of stimulus. The kind of stagnation we

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Speaker 1: see uh in the capital is it's not great for

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Speaker 1: the outlook. Obviously, stocks are a little bit, by a

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Speaker 1: little bit, I mean quite a bit, uh, you know,

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Speaker 1: diverged from the real economy. But the economy itself meets

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Speaker 1: that stimulus that we hope and I think most investors

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Speaker 1: hope to see some sort of progress there. And it's

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Speaker 1: earnings earnings season, so to speak. You've got Wells, Fargo, Tomorrow,

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Speaker 1: Bank of America, Goldman, Morgan Stanley going to come out

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Speaker 1: on Thursday, um, and then you've got the international front.

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Speaker 1: But let's stick with earnings for a second. What are

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Speaker 1: you what are you gonna be watching for this week

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Speaker 1: with earnings? You know, really when it comes to you know,

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Speaker 1: those kind of financial companies talked about, those are important

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Speaker 1: because obviously the outlook with interest rates, like I said before,

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Speaker 1: interest rates being low for so long, that puts a

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Speaker 1: hamper on those kind of companies. Obviously, these financial companies

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Speaker 1: are in these big banks were much stronger coming into

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Speaker 1: this recession. Really just kind of seeing what what the

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Speaker 1: outlook is, what the sentiment is in those earnings calls

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Speaker 1: is going to be very importan and I think for Ustin,

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Speaker 1: for investors just across the market moving forward, because there's

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Speaker 1: just so much uncertainty, we need to hear what kind

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Speaker 1: of guidance, what kind of thought process is really driving

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Speaker 1: leadership at these companies. Arian vis Nani's on the line.

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Speaker 1: He's an investment strategist at Envy Financial and but says

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Speaker 1: to you know, there's so much Jonathan Farrell, my colleague

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Speaker 1: on Bloomberg Survalillance, I thought he nailed this, and he said,

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Speaker 1: regardless of the outcome of the election, the market's going

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Speaker 1: to interpret it as a as a positive as the

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Speaker 1: way he put it, I mean, they're gonna say if

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Speaker 1: Biden wins, it means more government spending, much more fiscal stimulus.

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Speaker 1: If Trump wins, they're gonna say, oh, more deregulation. What

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Speaker 1: don't you tell your clients about how to navigate through

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Speaker 1: the political volatility that will happen in early November. Yeah, Well,

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Speaker 1: first off, I like that point that he made, that

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Speaker 1: that bakes a lot of sense. And you know we're

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Speaker 1: hearing this your your question, We're hearing these questions around

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Speaker 1: the election, uh, pretty almost on daily basis at this point,

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Speaker 1: And we tell our clients that, you know, election outcomes

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Speaker 1: in most cases and and really they have a shorthand

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Speaker 1: in the market. If you remember, and we go back

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Speaker 1: to when Trump won, everyone every time there was notion

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Speaker 1: that the Trump administrates the Trump's we're gonna really gain

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Speaker 1: ground here, the market would dip down. Comey came out

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Speaker 1: saying they're reinvestigating Hiller's emails, The market went down. Then

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Speaker 1: Trump won, and we had this huge like animal spirits

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Speaker 1: of waking in the market is the Trump trade, And

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Speaker 1: that all deflated pretty quickly. And the point in me

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Speaker 1: bringing this all up is you should not play the

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Speaker 1: election into your into your portfolio. You know, there's bigger

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Speaker 1: things at play in the general economics sense that are

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Speaker 1: going to really affect the market and your portfolio. And

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Speaker 1: if you're going to make a knee jerk reaction based

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Speaker 1: on who youse think is gonna win or based on

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Speaker 1: some scenario that someone winning, you can't really model that out.

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Speaker 1: You have to wait for the data, you have to

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Speaker 1: look at the fundamentals, and really, in today's world, a

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Speaker 1: very challenging market cycle with COVID and with this question

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Speaker 1: that the entire world is facing. It's just too much. Uh,

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Speaker 1: there's too much at play to be able to really say, hey,

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Speaker 1: based on X, because of the election, I should do

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Speaker 1: Why that's not a good move at this time? Really

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Speaker 1: prescient analysis right there from Arian Vedanni, who is an

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Speaker 1: investment strategist at m V Financial and Bethesda. Arian, thank

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Speaker 1: you so much for making time for me today. Come

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Speaker 1: back any time. And again, just that red headline crossing

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Speaker 1: the Bloomberg terminal that the Supreme Court has ruled in

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Speaker 1: favor of the Trump administration that they can discontinue and

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Speaker 1: stop the census. I'm Kevin SURRELLI Moore. Next, this is Bloomberg.

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Speaker 1: Why from our how do we reopen this economy? The

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Speaker 1: latest on how this pandemic is impacting farmers. What does

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Speaker 1: this do for the United States relationship with China? Bloomberg

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Speaker 1: sound off, the insiders, the influencers, the inside. We're responding

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Speaker 1: to this crisis and manufacturers are stepping up like never before.

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Speaker 1: We're looking at seventy kennidates for different vaccines. How do

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Speaker 1: we sure a pandemic of this scale never happens again?

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Speaker 1: This is Bloomberg Sound On with Kevin on Bloomberg two.

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Speaker 1: Jamie Coney Barrett answers questions before the Senate Judiciary Committee,

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Speaker 1: and President Trump back out on the campaign trail, as

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Speaker 1: is Democratic presidential nominee Joe Biden. Buckle up finished strong

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Speaker 1: twenty one days and counting until the November three elections.

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Speaker 1: Lots to get through all of that, plus what happened

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Speaker 1: and um in the markets. Jamie Condy Barrett I was

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Speaker 1: up in the Senate today. She was testifying before the

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Speaker 1: Senate Judiciary Committee, Day two technically of the hearings, but

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Speaker 1: day one, day one of the question and answer portion

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Speaker 1: of the hearing. Senate. It's still going on. It's gonna

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Speaker 1: be going on until about nine o'clock Eastern tonight. And

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Speaker 1: let me tell you they are, they're really moving through

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Speaker 1: this thing. But it's it's incredibly fascinating, just not just

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Speaker 1: because of the auction an answer portion, but also because

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Speaker 1: of the backdrop to all of this. It's not just

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Speaker 1: the presidential election. Right, You've got Joe Biden now coming

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Speaker 1: out saying that he's not in favor of adding additional

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Speaker 1: judges to the Supreme Court. He doesn't prefer to do that,

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Speaker 1: and then you've got President Trump who's trying to make

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Speaker 1: inroads with suburban women but also keep the base of

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Speaker 1: the Republican Party in which polls have him trailing in

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Speaker 1: every battleground state. But then, and then, I say this importantly,

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Speaker 1: the chairman of the Senate Judiciary Committee, Lindsey Graham, Republican

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Speaker 1: South Carolina, and the fight for his political life down

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Speaker 1: in South Carolina. This Senate Majority Leader, Mitch McConnell is

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Speaker 1: doing everything in his power to fend off a blue wave.

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Speaker 1: All right, So with that as the backdrop, now let's

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Speaker 1: get into the policy, right because the confirmation hearings for

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Speaker 1: Supreme Court nominee Amy Coney Barrett continue today in Washington,

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Speaker 1: and she was pressed on what could be the first

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Speaker 1: case that she rules on in early November, just short

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Speaker 1: the week after the November three election, on the Affordable

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Speaker 1: Care Act. Barrett disagreed with the Supreme Courts to rulings

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Speaker 1: upholding parts of the health care law. But she said

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Speaker 1: just because she disagreed with those rulings does not mean

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Speaker 1: she disagrees with the entire law. Take a listen to

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Speaker 1: what she said before the committee earlier today. I'm not

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Speaker 1: sure to the extent. There's a suggestion that I have

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Speaker 1: an agenda that I want to strike down people's protection

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Speaker 1: for pre existing conditions. That's just not true. UM, I've

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Speaker 1: never taken that position. And as I've also said repeatedly,

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Speaker 1: any policy preferences that I have don't matter anyway, They're irrelevant.

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Speaker 1: So making that law coming out with the contours of

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Speaker 1: the a c A, that's your job. There she was

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Speaker 1: with regards to the Affordable Care Act. And with that,

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Speaker 1: I'd like to welcome our panelists for the hour. John

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Speaker 1: Stalitz is a geopolitical strategist at Trilogy Advisors and diplomacy

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Speaker 1: consultant to the State Department. And Isaac Right, a democratic

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Speaker 1: strategist and partner at Forward Solution Strategy Group and the

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Speaker 1: co founder of the Vial Voter Institute. Isaac Right there,

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Speaker 1: we've heard from Democrats on this UH with regards to healthcare.

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Speaker 1: What did you take away from Judge Amy Coney Barrett's

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Speaker 1: comments with regards to Obamacare. Well, I mean, look, she

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Speaker 1: was intentionally evasive. UH. She made clear her views already

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Speaker 1: that she is UH very hostile to the a c

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Speaker 1: A and that is likely to vote UH to repeal it.

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Speaker 1: You know, people's pre existing condition coverage. UH, young people's

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Speaker 1: based down their parents health care until they're twenty six.

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Speaker 1: All these things are on the line, and she was

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Speaker 1: being evasive. I appreciated when Senator Fonstein UH quoted UH

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Speaker 1: from some previous Supreme Court justices and nominees who did

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Speaker 1: make clear opinions on things, and when she was given

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Speaker 1: the chance, she didn't. UM. This is incredibly important, and

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Speaker 1: this is the kind of thing that's going to motivate

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Speaker 1: voters right at a time when nobody wants to see

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Speaker 1: pre existing conditions. UH. And the coverage form taken away

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Speaker 1: here in the midst of the COVID pandemic, with people

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Speaker 1: coming out with lung scarring, with all these long term conditions,

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Speaker 1: I think it's gonna drive more people out to vote.

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Speaker 1: You know, we've seen some public polls that say there

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Speaker 1: is a majority of Americans who believe this should be

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00:24:17,400 --> 00:24:20,119
Speaker 1: held off for another six weeks. UH and let the

429
00:24:20,200 --> 00:24:24,200
Speaker 1: new president decide. UH. And I think Republicans are gonna

430
00:24:24,240 --> 00:24:25,840
Speaker 1: pay a cost to the ballot. BIS. You made a

431
00:24:25,920 --> 00:24:27,800
Speaker 1: great mention of Lindsay Graham. You know, I used to

432
00:24:27,920 --> 00:24:31,639
Speaker 1: live in South Carolina about to see what puts it

433
00:24:31,720 --> 00:24:33,600
Speaker 1: over the top. I lived in Columbia for a year

434
00:24:33,960 --> 00:24:40,040
Speaker 1: during the presidential primaries. In my young oh best sheat crabs,

435
00:24:40,080 --> 00:24:44,600
Speaker 1: soup and oysters in the world. But but my poison

436
00:24:45,359 --> 00:24:48,080
Speaker 1: he is looking at this could be the tipping point

437
00:24:48,400 --> 00:24:51,440
Speaker 1: in what ends his political career. UH and the people

438
00:24:51,480 --> 00:24:54,040
Speaker 1: of South Carolina frankly will be better off without it,

439
00:24:54,359 --> 00:24:57,600
Speaker 1: but American may pay a price if Lindsay Graham UH

440
00:24:57,800 --> 00:25:00,280
Speaker 1: pushes Barrett through in order to do that. On the

441
00:25:00,400 --> 00:25:03,720
Speaker 1: ladies coming here, because especially as it relates to healthcare,

442
00:25:03,920 --> 00:25:07,359
Speaker 1: we just heard from Isaac I mean right there, say what,

443
00:25:07,640 --> 00:25:10,720
Speaker 1: how how Democrats are framing this and also has it

444
00:25:10,800 --> 00:25:13,919
Speaker 1: been a missed opportunity for Republicans, especially in the Senate

445
00:25:14,240 --> 00:25:16,040
Speaker 1: and in the House, to say, well, this is what

446
00:25:16,200 --> 00:25:18,920
Speaker 1: we would want healthcare to be if the Supreme Court

447
00:25:18,960 --> 00:25:23,119
Speaker 1: strikes it down. Well, Democrats are smart to emphasize the

448
00:25:23,200 --> 00:25:26,959
Speaker 1: healthcare issue at these hearings because there are otherwise going

449
00:25:27,000 --> 00:25:30,400
Speaker 1: to be relatively surprised free. There's almost no scenario under

450
00:25:30,400 --> 00:25:32,600
Speaker 1: which he does not become the next Justice of the

451
00:25:32,680 --> 00:25:35,720
Speaker 1: Supreme Court. And so much of this is electioneering to

452
00:25:35,800 --> 00:25:40,520
Speaker 1: try to galvanize various demographics and the Democratic base. I

453
00:25:40,600 --> 00:25:42,480
Speaker 1: think this issue is going to be very important in

454
00:25:42,560 --> 00:25:46,080
Speaker 1: the contest between Joe Biden and Donald Trump for the

455
00:25:46,160 --> 00:25:48,960
Speaker 1: senior vote, where Trump seems to be faltering compared to

456
00:25:49,000 --> 00:25:51,639
Speaker 1: twenty six and so they're bringing up all of these

457
00:25:51,680 --> 00:25:56,119
Speaker 1: issues regarding um healthcare concerns that seniors would have, as

458
00:25:56,160 --> 00:25:59,639
Speaker 1: well as a number of underdemographics. The abortion issue is

459
00:25:59,640 --> 00:26:03,119
Speaker 1: always one that's important to galvin as, especially younger single women.

460
00:26:03,600 --> 00:26:06,560
Speaker 1: And so even though there's no question about roep Wade

461
00:26:06,600 --> 00:26:09,280
Speaker 1: anytime in the near future, nor would anyone expect her

462
00:26:09,320 --> 00:26:11,600
Speaker 1: to be able to answer that question, depending on which

463
00:26:11,720 --> 00:26:14,520
Speaker 1: case exactly might ever come to the court, it's a

464
00:26:14,560 --> 00:26:16,879
Speaker 1: great way to drive up to base. And there is

465
00:26:17,600 --> 00:26:22,119
Speaker 1: residue anger from sixteen over the Merrick Garland case. So

466
00:26:22,520 --> 00:26:25,119
Speaker 1: in many ways, the Democrats are smart to use these hearings.

467
00:26:25,200 --> 00:26:28,080
Speaker 1: They can't stop Barrett from becoming a justice bill use

468
00:26:28,160 --> 00:26:31,320
Speaker 1: it to try to drive up the voter base, which

469
00:26:31,359 --> 00:26:35,120
Speaker 1: otherwise I don't see anything consequential coming from these hearings

470
00:26:35,359 --> 00:26:38,639
Speaker 1: and difficult to see. Part of me. I'll tell you

471
00:26:38,720 --> 00:26:40,960
Speaker 1: the biggest unknown, and I'm not saying this with humor.

472
00:26:41,000 --> 00:26:42,879
Speaker 1: I mean Dan flatly pointed this out in my colleague

473
00:26:42,880 --> 00:26:45,320
Speaker 1: Bloomberg Congress reporter in the last half hour. I mean,

474
00:26:45,400 --> 00:26:48,520
Speaker 1: he said, you know, one of those members gets coronavirus,

475
00:26:48,680 --> 00:26:50,800
Speaker 1: which you already have two members are covering from. Then

476
00:26:50,880 --> 00:26:55,440
Speaker 1: not really really impacts the timetable that the leader McConnell

477
00:26:55,480 --> 00:26:56,879
Speaker 1: wants to have. I mean, he wants to have this

478
00:26:57,359 --> 00:27:00,760
Speaker 1: the committee vote on this next week and them have

479
00:27:01,720 --> 00:27:03,480
Speaker 1: and then have the have it on the floor of

480
00:27:03,520 --> 00:27:06,160
Speaker 1: the Senate before the election. You mentioned Roe v. Wade.

481
00:27:06,200 --> 00:27:09,240
Speaker 1: I do want to play Judge Amy Coney Barrett's response

482
00:27:09,359 --> 00:27:13,080
Speaker 1: with regards to how she would vote should the Court

483
00:27:13,160 --> 00:27:15,879
Speaker 1: reconsider Roe v. Wade, although she said she doesn't consider

484
00:27:15,960 --> 00:27:19,320
Speaker 1: the landmark abortion rights ruling a quote super precedent end

485
00:27:19,400 --> 00:27:22,080
Speaker 1: quote that would be unthinkable to overturn. Take a listen

486
00:27:22,119 --> 00:27:27,480
Speaker 1: to what she said, cases that are so well settled

487
00:27:28,000 --> 00:27:31,119
Speaker 1: that no political actors and no people seriously pushed for

488
00:27:31,160 --> 00:27:33,639
Speaker 1: their over ruling. And I'm answering a lot of questions

489
00:27:33,680 --> 00:27:36,400
Speaker 1: about row, which I think indicates that wrote doesn't fall

490
00:27:36,480 --> 00:27:40,920
Speaker 1: in that category. So there you have her her say

491
00:27:41,000 --> 00:27:43,680
Speaker 1: it right there. Uh, And coming up, we're gonna have

492
00:27:43,840 --> 00:27:47,920
Speaker 1: much much more coverage of Judge Amy Coney Barrett. We're

493
00:27:47,920 --> 00:27:50,160
Speaker 1: also going to talk about the dynamics of the room,

494
00:27:50,200 --> 00:27:52,240
Speaker 1: the impact that it has on downballot races. We've just

495
00:27:52,400 --> 00:27:55,400
Speaker 1: started touching the surface of of what to get through

496
00:27:55,560 --> 00:27:59,520
Speaker 1: and all of that. As Joe Biden, President Trump and

497
00:27:59,560 --> 00:28:01,680
Speaker 1: the sprint to the finish their barn storming across the

498
00:28:01,760 --> 00:28:06,400
Speaker 1: country by train, by campaign planes, by socially distant rallies.

499
00:28:06,720 --> 00:28:09,639
Speaker 1: Maybe download the Bloomberg Sound On podcast on Apple, it

500
00:28:09,720 --> 00:28:11,880
Speaker 1: Tunes and Bloomberg dot Com, or by downloading the Bloomberg

501
00:28:11,880 --> 00:28:14,160
Speaker 1: Business app. You can also find us on Radio dot Com,

502
00:28:14,480 --> 00:28:18,080
Speaker 1: I Heart Radio, and Spotify. For all of our latest coverage,

503
00:28:18,200 --> 00:28:21,040
Speaker 1: not only on jud Jamie Coney Barrett, but COVID nineteen.

504
00:28:21,320 --> 00:28:25,080
Speaker 1: Head over to Bloomberg dot com slash coronavirus. I'm Kevin Serelli.

505
00:28:25,280 --> 00:28:33,159
Speaker 1: You're listening to Bloomberg. This is Bloomberg Sound On with

506
00:28:33,400 --> 00:28:40,320
Speaker 1: Kevin Surreley on Bloomberg Radio. Acodi the Ring. This song

507
00:28:40,920 --> 00:28:44,640
Speaker 1: the Bloomberg. I listened to this every day for the

508
00:28:44,680 --> 00:28:48,360
Speaker 1: past month. I love the monkeys. Who doesn't love the monkeys?

509
00:28:48,400 --> 00:28:52,080
Speaker 1: I'm Kevin Serelli. I'm the chief Washington correspondent for Bloomberg

510
00:28:52,200 --> 00:28:57,480
Speaker 1: Television and for Bloomberg Radio. Cheer Up, Sleepy Jean. Who's

511
00:28:57,520 --> 00:28:59,480
Speaker 1: with me today? Johnson the Ladies? John? Are you a

512
00:29:00,120 --> 00:29:03,400
Speaker 1: a Monkeys fan? What's your favorite monkeys? Huge? Monkey fan?

513
00:29:03,600 --> 00:29:07,160
Speaker 1: They dream believers throughout my life? Yes, yes, it's a

514
00:29:07,200 --> 00:29:13,200
Speaker 1: good Do you know any monkeys? Deep Cuts? Um Stepping Stone?

515
00:29:13,240 --> 00:29:15,960
Speaker 1: I think was the most intense song that was a

516
00:29:16,040 --> 00:29:21,760
Speaker 1: real rocker. I'm not just okay? Yeah, great one? Almost okay?

517
00:29:21,960 --> 00:29:24,400
Speaker 1: What about the Last Train to Clark Hill? Isaac Right,

518
00:29:24,480 --> 00:29:28,000
Speaker 1: Democratic strategist partner for a solution strategy Isaac, are you

519
00:29:28,080 --> 00:29:32,360
Speaker 1: a Monkeys fan? I don't ask me to sing? I

520
00:29:32,480 --> 00:29:34,000
Speaker 1: want to I promise you. I want to ask you

521
00:29:34,120 --> 00:29:35,720
Speaker 1: to say no. One wants to hear me singing there.

522
00:29:35,920 --> 00:29:39,760
Speaker 1: But what's your favorite Monkey song? Man? I don't. I

523
00:29:39,960 --> 00:29:42,880
Speaker 1: can't name a favorite. Maybe I was born of a

524
00:29:42,960 --> 00:29:44,640
Speaker 1: fan of the TV show. Don't you remember they had

525
00:29:44,680 --> 00:29:47,600
Speaker 1: that TV show for a while? Because I'm a little young,

526
00:29:47,920 --> 00:29:53,560
Speaker 1: But I what does that like? To go there? No?

527
00:29:53,720 --> 00:29:56,400
Speaker 1: I know? But what about I'm a Believer? Or um

528
00:29:56,720 --> 00:30:00,400
Speaker 1: as we Go Along is a great one? Um train

529
00:30:01,160 --> 00:30:04,000
Speaker 1: Astrain to clark Still listen to the band, Come on,

530
00:30:05,080 --> 00:30:07,240
Speaker 1: listen to the band is A is a great one.

531
00:30:07,320 --> 00:30:09,440
Speaker 1: And then before I get back to the fiscal stimulus,

532
00:30:09,480 --> 00:30:11,959
Speaker 1: I'm just gonna what's the other one? I like, Uh,

533
00:30:13,080 --> 00:30:15,600
Speaker 1: I'm not your step in stone. And yeah, all right,

534
00:30:15,640 --> 00:30:18,120
Speaker 1: they've got a lot. All right. Meanwhile, back to the

535
00:30:18,160 --> 00:30:21,080
Speaker 1: fiscal stimulus because Speaker of the House Nancy Pelosi turning

536
00:30:21,120 --> 00:30:25,200
Speaker 1: down another offer from the White House on stimulus and

537
00:30:25,200 --> 00:30:27,240
Speaker 1: send a majority. Leader Mitch McConnell has a lot to

538
00:30:27,320 --> 00:30:30,040
Speaker 1: say about it. Take a listen to what, uh to

539
00:30:30,160 --> 00:30:33,280
Speaker 1: what Leader McConnell had to say about the stimulus. Here

540
00:30:33,360 --> 00:30:37,640
Speaker 1: here is We've been a negotiation with the Speaker. She's

541
00:30:37,680 --> 00:30:42,400
Speaker 1: been demanding we throw three trillion dollars at this problem

542
00:30:42,960 --> 00:30:46,800
Speaker 1: in a way that is largely in many respects unrelated

543
00:30:46,880 --> 00:30:50,320
Speaker 1: to solving the problem. Investor Front Ben Emmon's writing in

544
00:30:50,360 --> 00:30:52,680
Speaker 1: a note dout tonight, quote headlines of stimulus talks and

545
00:30:52,760 --> 00:30:55,520
Speaker 1: election polling continue to fuel the broad risk rally. The

546
00:30:55,560 --> 00:30:59,440
Speaker 1: current themes of a recovery, reflation, and rotation are so dominant.

547
00:30:59,480 --> 00:31:02,840
Speaker 1: Ben writes, while there is a strengthening consensus that the

548
00:31:02,880 --> 00:31:05,760
Speaker 1: former Vice President Joe Biden will win the election on

549
00:31:06,000 --> 00:31:10,360
Speaker 1: November three, and just within the last five minutes. Kaylee mcinhey,

550
00:31:10,600 --> 00:31:13,160
Speaker 1: who of course is the White House Press secretary, just

551
00:31:13,360 --> 00:31:16,800
Speaker 1: tweeted out moments ago quote for weeks, the White House

552
00:31:16,880 --> 00:31:20,560
Speaker 1: has made continual offers of COVID relief and moved closer

553
00:31:20,640 --> 00:31:24,480
Speaker 1: to the middle. Well, Nancy Pelosi has sat staunchly at no.

554
00:31:24,800 --> 00:31:28,160
Speaker 1: Senate Democrats who now say we should focus on relief

555
00:31:28,200 --> 00:31:30,840
Speaker 1: for the American people should bring their empty calls directly

556
00:31:31,200 --> 00:31:35,120
Speaker 1: to Nancy Pelosi. And we should note that Speaker Pelosi

557
00:31:35,240 --> 00:31:38,400
Speaker 1: made that comments in my pal or to our our

558
00:31:38,480 --> 00:31:43,840
Speaker 1: friends over a great TV regretive in session works. Um, okay, Johnson, ladies,

559
00:31:43,840 --> 00:31:48,960
Speaker 1: why aren't we at a deal because it's election year politics?

560
00:31:49,080 --> 00:31:53,320
Speaker 1: Kevin Million, I mean, it's it's pretty straightforward, and the president,

561
00:31:53,440 --> 00:31:56,280
Speaker 1: the president needs to shore up his numbers. Um, he

562
00:31:56,520 --> 00:31:59,000
Speaker 1: is behind Biden. We don't know what the exact numbers

563
00:31:59,040 --> 00:32:01,720
Speaker 1: are and how that plays in the battleground stags, but

564
00:32:01,920 --> 00:32:04,920
Speaker 1: he does need to shore up his support, especially on

565
00:32:05,000 --> 00:32:08,240
Speaker 1: economic issues that he really I think missed an opportunity

566
00:32:08,360 --> 00:32:10,800
Speaker 1: at the debate with former Vice President Biden to just

567
00:32:10,880 --> 00:32:13,640
Speaker 1: look into the camera and explains the American people what

568
00:32:13,840 --> 00:32:18,480
Speaker 1: has been a tremendous economy through February of this year. Really,

569
00:32:18,520 --> 00:32:20,160
Speaker 1: he gets a lot of the credit for because many

570
00:32:20,200 --> 00:32:24,200
Speaker 1: critics dismissed his ability to help re energize the economy

571
00:32:24,240 --> 00:32:26,960
Speaker 1: when he was running in fifteen and sixteen. And we're

572
00:32:27,000 --> 00:32:29,600
Speaker 1: now at a situation, Kevin, where the end of October,

573
00:32:30,160 --> 00:32:33,680
Speaker 1: we're expecting the federal government to announce an annualized GDP

574
00:32:33,880 --> 00:32:36,200
Speaker 1: growth in the third quarter for the U S economy

575
00:32:36,880 --> 00:32:39,280
Speaker 1: is going to be somewhere to historic thirty to thirty

576
00:32:39,360 --> 00:32:42,680
Speaker 1: five percent. I mean, that's a rocket like trajectory from

577
00:32:42,720 --> 00:32:44,680
Speaker 1: the depths of the second quarter, and that'll be a

578
00:32:44,720 --> 00:32:47,640
Speaker 1: week before the election. I think the President is looking

579
00:32:47,680 --> 00:32:50,800
Speaker 1: to get the American people to focus on living with

580
00:32:50,960 --> 00:32:54,840
Speaker 1: COVID as safely and as common sensically as possible, while

581
00:32:54,920 --> 00:32:56,880
Speaker 1: also making sure that we are in a position to

582
00:32:57,040 --> 00:33:00,760
Speaker 1: refire restart our economy and to make the argument against

583
00:33:00,800 --> 00:33:03,200
Speaker 1: Biden that he is in no position to do anything

584
00:33:03,280 --> 00:33:05,560
Speaker 1: for the economy along the lunch where Donald Trump did

585
00:33:06,000 --> 00:33:07,720
Speaker 1: and miss Pill is going to be an important part

586
00:33:07,800 --> 00:33:10,880
Speaker 1: of that. One more thing McConnell has to make very

587
00:33:10,920 --> 00:33:13,880
Speaker 1: clear he can save as many of the Republican senators

588
00:33:13,920 --> 00:33:16,680
Speaker 1: that are in trouble as possible. They need to demonstrate,

589
00:33:16,760 --> 00:33:19,760
Speaker 1: because the media is framing this purely as a Pelosi victory,

590
00:33:20,440 --> 00:33:23,520
Speaker 1: that the Senate Republicans are giving this their every shot

591
00:33:23,680 --> 00:33:26,640
Speaker 1: in September and now the end of October to these

592
00:33:26,680 --> 00:33:29,320
Speaker 1: senators can go back and say we wanted relief, but

593
00:33:29,480 --> 00:33:32,520
Speaker 1: not the kind of crazy expenditures that Speaker Pelosi was

594
00:33:32,560 --> 00:33:35,160
Speaker 1: looking at with the three trillion dollar bill. John, you know,

595
00:33:35,240 --> 00:33:37,320
Speaker 1: I was. You know, you and I have talked you know,

596
00:33:37,400 --> 00:33:39,960
Speaker 1: offline before. I I don't see this as a as

597
00:33:40,000 --> 00:33:43,840
Speaker 1: a Speaker Pelosi victory. I think it's a failure of Washington, Isaac,

598
00:33:43,920 --> 00:33:46,920
Speaker 1: that Republicans and Democrats in the midst of the worst

599
00:33:46,960 --> 00:33:50,720
Speaker 1: economic downturn since the Depression, can't sit in a room

600
00:33:50,760 --> 00:33:54,360
Speaker 1: together and get a deal. Isaac to me that it

601
00:33:54,480 --> 00:33:59,480
Speaker 1: doesn't even make sense. Well, as much as I would

602
00:33:59,520 --> 00:34:02,320
Speaker 1: love to aimen on all of Washington, I don't think

603
00:34:02,360 --> 00:34:05,120
Speaker 1: that's fair. I can't believe I'm defending it, but I

604
00:34:05,240 --> 00:34:07,400
Speaker 1: think we have to lay this squarely at the feet

605
00:34:07,400 --> 00:34:10,520
Speaker 1: of Donald Trump and Mitch McConnell. I'm gonna quote Donald

606
00:34:10,560 --> 00:34:15,240
Speaker 1: Trump's words, I have instructed my representatives to stop negotiating

607
00:34:15,400 --> 00:34:20,320
Speaker 1: until after the election period. That was his public statement

608
00:34:20,360 --> 00:34:24,560
Speaker 1: about the stimulus bill. He instructed his representatives stop negotiating.

609
00:34:24,840 --> 00:34:28,239
Speaker 1: The Bloomberg headline from what a week ten days ago,

610
00:34:28,600 --> 00:34:31,280
Speaker 1: US spaces a new wave of economic pain as Trump

611
00:34:31,400 --> 00:34:35,840
Speaker 1: halts a talk Washington Post headline, Trump just crushed stimulus

612
00:34:35,920 --> 00:34:40,359
Speaker 1: talk and endangering the US economy and twenty six million unemployment.

613
00:34:40,640 --> 00:34:44,440
Speaker 1: New York Times headline, US economy without more stimulus is

614
00:34:44,560 --> 00:34:48,319
Speaker 1: nearing a dangerous tipping point. Trump was the one who

615
00:34:48,480 --> 00:34:53,399
Speaker 1: canceled the stimulus negotiations. He pulled out. Um, I don't

616
00:34:53,400 --> 00:34:56,239
Speaker 1: think it's fair to blame everybody that Trump pulled out

617
00:34:56,280 --> 00:35:00,719
Speaker 1: of those negotiations down for a change in leadership. John

618
00:35:00,760 --> 00:35:03,440
Speaker 1: you hear you? Hear Isaac right there, Democratic strategy partner,

619
00:35:03,560 --> 00:35:06,520
Speaker 1: Forward Solution Strategy Group, co founder, the Royal Voter into

620
00:35:06,600 --> 00:35:10,399
Speaker 1: Johnson Elities. You know you're over a trilogy advisors. Of course,

621
00:35:10,880 --> 00:35:14,720
Speaker 1: you know. Uh he ran he President Trump camp paid

622
00:35:14,800 --> 00:35:16,719
Speaker 1: on the notion of I'll get him all in the room,

623
00:35:16,960 --> 00:35:20,360
Speaker 1: we'll sit down and we'll make a deal. So you

624
00:35:20,440 --> 00:35:21,840
Speaker 1: know what I mean, I mean, why not why not

625
00:35:22,000 --> 00:35:26,040
Speaker 1: trying to force a deal. Well, Isaac is accurate and

626
00:35:26,120 --> 00:35:28,600
Speaker 1: laying out all of those headlines from last Tuesday. I

627
00:35:28,640 --> 00:35:32,960
Speaker 1: believe it was we need to remember that. Two days later,

628
00:35:33,400 --> 00:35:37,080
Speaker 1: Trump instructed Minuchin and Meadows to restart the negotiations, and

629
00:35:37,120 --> 00:35:40,200
Speaker 1: they did so through the weekend. They've just been unable

630
00:35:40,239 --> 00:35:43,160
Speaker 1: to come to a compromise, so the talks will continue.

631
00:35:43,360 --> 00:35:47,000
Speaker 1: This is his high stakes negotiations between the White House,

632
00:35:47,040 --> 00:35:49,440
Speaker 1: the Senate, and the House. I don't think it's over yet,

633
00:35:50,040 --> 00:35:52,040
Speaker 1: but it is important for McConnell to be able to

634
00:35:52,080 --> 00:35:54,360
Speaker 1: shore up support among the senators that are faltering in

635
00:35:54,440 --> 00:35:57,120
Speaker 1: certain key states. All Right, coming up much more with

636
00:35:57,239 --> 00:36:01,040
Speaker 1: the panel, Isaac and John All Star is just I'm smart,

637
00:36:01,239 --> 00:36:04,839
Speaker 1: policy oriented. I'm Kevin Cerelli. This is the last train

638
00:36:04,920 --> 00:36:08,719
Speaker 1: to Clarksville by the Monkeys. I'm the Chief Washington correspondent

639
00:36:08,719 --> 00:36:17,120
Speaker 1: from Boomberg TV and Radio. You're listening to Bloomberg Slow.

640
00:36:18,520 --> 00:36:28,000
Speaker 1: This is Bloomberg Bloomberg Radio song true And I'm Kevin Cerelli.

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Speaker 1: I'm still a believer, Chief Washington correspondent for Bloomberg Television

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00:36:32,520 --> 00:36:36,080
Speaker 1: in Bloomberg Radio. I'm on such a monkey's kick this week.

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00:36:36,200 --> 00:36:38,359
Speaker 1: I don't know what it is. Christine Barrata or ep

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00:36:38,560 --> 00:36:40,800
Speaker 1: Mat Shirley. They're all going back and forth and the

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00:36:40,920 --> 00:36:44,320
Speaker 1: and the group chat. They're telling me Baradas. Barada is

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Speaker 1: reliving the glory days when she was on when she

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00:36:47,400 --> 00:36:52,040
Speaker 1: was asked seeing Davy at the at the concert, watching

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Speaker 1: the Monkeys Revival show on MTV. Back when MTV play

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Speaker 1: music videos. I'm all enough to remember when the when

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Speaker 1: MTV played the music videos. Anyway, better keep it on topic,

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Speaker 1: don't want to get too far off. Joining me now

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Speaker 1: for the hour. John Cindalitis geopolitical Strategists, a trilogy advisors

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Speaker 1: and diplomacy consult into the State's Department. Isaac Right, democratic

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Speaker 1: strategist partnered Forward Solution Strategy Group, and co founder of

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Speaker 1: The Rural Voter In sits, let's talk. You've got President

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Speaker 1: Trump barn storming through the country Florida, Iowa, Pennsylvania, North Carolina.

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Speaker 1: That's Senate race in North Carolina, till US country. Can

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Speaker 1: you hang on? Uh? And then you've got Joe Biden Pennsylvania,

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Speaker 1: Ohio trying to get Arizona back on the map. You know, Isaac,

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Speaker 1: what this is Joe Biden's race to lose. I'm looking

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Speaker 1: at the Bloomberg news alert that just popped into my terminal.

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Speaker 1: Here's a story from The Guardian. Biden leads Trump by

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Speaker 1: seventeen points as election race centers the final stage. Isaac, Yeah,

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Speaker 1: I don't think we can take anything for granted, right. Uh.

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Speaker 1: Anybody who is planning their UH party to watch the

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Speaker 1: inaugural from home on TV, I think he's planning to assume.

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Speaker 1: We have to keep our eye on the ball. We

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Speaker 1: have to keep focus. Let's not forget Hillary Clinton was

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Speaker 1: ahead and all the polls, won the popular vote by

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Speaker 1: three million vote, but she lost the electoral College. We

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Speaker 1: have to keep our eye on the ball. As Democrats.

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Speaker 1: We have to do everything we can but turn out

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Speaker 1: every vote, to talk to every voter, leave no voter behind,

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Speaker 1: and we have a chance to pick up the US

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Speaker 1: Senate as well. And those are those are the things

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Speaker 1: we need to be focused on. Can't can't start resting

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Speaker 1: on lulls this close to the election, Johnson, The ladies, look,

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Speaker 1: I know you're gonna say, don't believe the polls, but really,

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Speaker 1: this is a strategy of Republicans trying to get red

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Speaker 1: districts to glow red to run up the score, and

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Speaker 1: conservative parts of the country, And what's the closing argument?

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Speaker 1: Is it the economy, is it China? What is it John?

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Speaker 1: It's a multiple series of variables here, Kevin. Look a

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Speaker 1: lot of this also, I think has to do with

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Speaker 1: President Trump in many ways. Many supporters feel that he's

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Speaker 1: done an exceptional job in terms of policy outcomes, but

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Speaker 1: they're exhausted of the leadership style and more mount rushmore

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00:39:24,040 --> 00:39:26,960
Speaker 1: and less debating with Chris Wallace. I think is a

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Speaker 1: very important message for Trump as he barnstorms through these

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Speaker 1: states that you correctly note. But I'm also watching the

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Speaker 1: Biden states. He's not taking any state for granted, as

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Speaker 1: Eyaac correctly noted, and he's fighting as if this thing

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Speaker 1: is going to tighten, because it is going to titan

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Speaker 1: right now. Biden has anywhere from what a four to

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Speaker 1: whatever it is, a twelve or fifteen point league. But

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Speaker 1: if you look at what happened in Kevin, Hillary Clinton

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Speaker 1: was leading by five to fourteen points in a number

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Speaker 1: of polls in mid October, and then she lost when

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Speaker 1: it came to the electoral college. Because in the end,

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Speaker 1: that's all that matters. It doesn't matter if Biden blows

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Speaker 1: up by ten million majority votes in the popular vote,

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Speaker 1: the electoral colleges, all that matters, and that's the game

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Speaker 1: that Trump is playing. And I think Biden learned from

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Speaker 1: Hillary Clinton's lesson, So watch a race to to tighten

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Speaker 1: very closely a number of issues that are going to

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Speaker 1: be appealing to various demographics. I think Trump has a

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Speaker 1: real shot at a fifteen to eighteen percent of the

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Speaker 1: black vote, especially with black men, and anywhere from thirty

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Speaker 1: five tot of the Latino vote. Those two alone could

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Speaker 1: help save a number of the states that Trump won

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Speaker 1: in twenty sixteen. The color suburban women is going to

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Speaker 1: be a problem for Trump, as I mentioned earlier, also

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Speaker 1: some problems with seniors. He's got to show up that

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Speaker 1: senior vote back with My colleague ryanz Backworth has a

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Speaker 1: story out on the terminal that I just thought nailed

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Speaker 1: the issue of the seniors, and he write he reports

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Speaker 1: Democratic presidential nominee Joe Biden appealed to seniors in Florida.

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Speaker 1: Former President Barack Obama we'll hit the campaign trail soon

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Speaker 1: for his Former vice president and Senator Romney is upset

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Speaker 1: about President Donald Trump and YouTube pundent Keith Alberman. I mean,

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Speaker 1: this is with with the regards to wooing Florida seniors,

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Speaker 1: Ryan reports, speaking to a small crowd in a community

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Speaker 1: community center and Pembroke Pines, Biden ticked off what he

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Speaker 1: believes is Trump's failures and handling the coronavirus pandemic, which

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Speaker 1: has proved particularly lethal for older patients, who account for

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Speaker 1: the vast majority of the more than two and ten

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00:41:26,040 --> 00:41:29,520
Speaker 1: thousand US jets from the virus. Biden said, quote, you

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Speaker 1: deserve security, you deserve respect, you deserve peace of mind.

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00:41:33,120 --> 00:41:36,880
Speaker 1: Donald Trump, you're expendable, you're forgettable, You're nobody. Obviously the

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Speaker 1: President hits back on that and and refutes that. But

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Speaker 1: in a state like Florida, John, I think this is

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Speaker 1: a really smart point that you bring up. Trump is

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Speaker 1: winning margins amongst Hispanics, but on seniors he's really lost grown.

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Speaker 1: So how does he turn it around. I think he

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Speaker 1: just says to keep hammering away. First of all, that

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Speaker 1: it is not and you're gonna hear a lot about

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Speaker 1: Wuhan and the China virus, that this was not anything

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Speaker 1: that he or any president could have done anything better

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00:42:06,000 --> 00:42:09,040
Speaker 1: than what's been accomplished at the advice of his scientific

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Speaker 1: advisors during the course of the year. The good news

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Speaker 1: is the seniors in Florida have been in a relatively

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Speaker 1: healthier condition than the ones who were killed by policies

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Speaker 1: in New York State and Connecticut and in New Jersey

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Speaker 1: earlier this year by edict of those governors. So Florida overall,

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Speaker 1: I don't think it's so much of a COVID issue, Kevin.

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Speaker 1: I think the issue there is the kind of health

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Speaker 1: care attacks that you're seeing from Biden from the Democratic

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Speaker 1: Party more broadly, as it's playing out this week in

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Speaker 1: the judicial nomination hearings, that somehow an attack on Obamacare,

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Speaker 1: on the Affordable Care Act and pre existing conditions is

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Speaker 1: a threat to seniors health. And I think that's going

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00:42:45,719 --> 00:42:48,040
Speaker 1: to be the attack line from Biden. Trump is going

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Speaker 1: to be able to refute that and talk about how

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Speaker 1: there's actually going to be a plan this time around,

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Speaker 1: as opposed to what happened in this first term, to

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Speaker 1: provide for assurance for seniors they're in good hands as

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00:42:58,840 --> 00:43:01,200
Speaker 1: well as those with pre stin condition. Well, let's rip

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00:43:01,320 --> 00:43:02,960
Speaker 1: up the script and quote my good friend and mentor

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00:43:03,080 --> 00:43:05,320
Speaker 1: Tim Keen and Bloomberg Surveillance. Let's rip up the script.

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00:43:05,360 --> 00:43:08,600
Speaker 1: Isaac fright senior citizens. This is that this is coming

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Speaker 1: down to the key, crucial, crucial Floridian vote. Yeah. I mean, look,

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Speaker 1: there are folks in Florida across the state of every generation,

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Speaker 1: including seniors, want to see a restoration of our country.

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Speaker 1: And that's why they're coming to Joe Biden, regardless of age.

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00:43:26,719 --> 00:43:29,160
Speaker 1: Across the country right now, folks are worried about making

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Speaker 1: their next sprint payment, about making their next bortgage payment,

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00:43:32,440 --> 00:43:35,680
Speaker 1: and whether or not they can purchase prescription drugs or

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00:43:35,960 --> 00:43:38,080
Speaker 1: put food on the table if they're gonna have to

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Speaker 1: make a choice between the two. They say they see

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00:43:40,880 --> 00:43:43,719
Speaker 1: the people who are at the very top doing better

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00:43:43,800 --> 00:43:47,000
Speaker 1: than ever, while they're left to wonder who's looking out

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00:43:47,080 --> 00:43:50,680
Speaker 1: for them in this economy, in this crisis right now.

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Speaker 1: And that's why Biden used the campaign as Scrant verses

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Speaker 1: park Abbot from his viewpoint on Park Avenue all Donald

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00:43:59,080 --> 00:44:04,360
Speaker 1: Company Street. But Joe Bob was scranton value. Those are

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00:44:04,440 --> 00:44:06,800
Speaker 1: the values we need right now in a battle for

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00:44:06,840 --> 00:44:10,840
Speaker 1: the soul of our nation, regardless of generations. That's what

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Speaker 1: people across the country, and in this case across Florida

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00:44:14,680 --> 00:44:17,960
Speaker 1: are coming to Joe Boden about John cites is the

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Speaker 1: next debate, final debate is it? Should the President skip

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00:44:21,160 --> 00:44:25,319
Speaker 1: it or should he participate? No, he absolutely has to participate.

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00:44:25,520 --> 00:44:28,359
Speaker 1: I mean, he didn't take advantage of the opportunity, as

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00:44:28,440 --> 00:44:32,040
Speaker 1: he claims. The media has completely obfuscated what he considers

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00:44:32,080 --> 00:44:34,759
Speaker 1: to be a sterling record of achievement on behalf of

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00:44:34,800 --> 00:44:39,480
Speaker 1: the economy, small business, black unemployment, Latino unemployment, and instead

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00:44:39,840 --> 00:44:42,000
Speaker 1: he got caught up in bickering with Joe Biden and

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Speaker 1: with Chris Wallace. So he wasted that opportunity. There's no

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Speaker 1: debate on October fifteenth, so he's got one more debate

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00:44:48,120 --> 00:44:51,080
Speaker 1: opportunity to look people in the eye and explain to

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Speaker 1: them what he's done, what he believes he can do

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00:44:53,640 --> 00:44:56,080
Speaker 1: in the next term, offer a vision, and I think

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00:44:56,160 --> 00:44:59,640
Speaker 1: really hit home his message that Joe Biden, as amicable

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00:45:00,040 --> 00:45:02,640
Speaker 1: gentleman as he may be, is simply a no mental

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00:45:02,719 --> 00:45:05,600
Speaker 1: and physical condition to lead the United States in the

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00:45:05,680 --> 00:45:08,120
Speaker 1: free world for the next four years. It's gonna be

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00:45:08,280 --> 00:45:11,600
Speaker 1: remarkable that debate, and and just so many, so many

797
00:45:11,719 --> 00:45:17,280
Speaker 1: developments just absolutely uh creating such a volatile, volatile dynamic

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00:45:17,320 --> 00:45:19,480
Speaker 1: coming up. I'm gonna check in with John and with

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00:45:19,600 --> 00:45:22,520
Speaker 1: Isaac with what's on their radar. And I know John

800
00:45:22,560 --> 00:45:24,200
Speaker 1: will tell us something about what's happening in the world

801
00:45:24,200 --> 00:45:27,080
Speaker 1: because he always talks geopolitics with us, and we're grateful

802
00:45:27,160 --> 00:45:30,080
Speaker 1: for him lending his geopolitical insights for us. That's what's

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00:45:30,120 --> 00:45:32,960
Speaker 1: coming up. You can download the Bloomberg Sound On podcasts

804
00:45:33,000 --> 00:45:36,440
Speaker 1: on Applelajians, and Bloomberg dot com, or by downloading the

805
00:45:36,480 --> 00:45:39,640
Speaker 1: Bloomberg Business app. You can also find us on Radio

806
00:45:39,800 --> 00:45:45,400
Speaker 1: dot com, I Heart Radio, and Spotify. And uh, we

807
00:45:45,480 --> 00:45:47,000
Speaker 1: got a lot more coming up next than just a

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00:45:47,080 --> 00:45:55,240
Speaker 1: quick note. Uh, just a quick note that Senator Kamala

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00:45:55,360 --> 00:46:00,000
Speaker 1: Harris again about to ask more questions on the Senatordiciary Committee.

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Speaker 1: I'm Kevin Seilli. You're listening Bloomberg nine and nine one.

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00:46:06,680 --> 00:46:10,080
Speaker 1: You're listening to Bloomberg Sound On with Kevin Surreley on

812
00:46:10,239 --> 00:46:15,520
Speaker 1: Bloomberg n and one old two. My name's Kevin Sirelli.

813
00:46:15,560 --> 00:46:19,840
Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and for

814
00:46:19,920 --> 00:46:24,200
Speaker 1: Bloomberg Radio. And stocks dropped on stimulus deadlock. Stocks fell

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00:46:24,280 --> 00:46:27,840
Speaker 1: on speculation that recent gains have outpaced prospects for a

816
00:46:27,960 --> 00:46:31,280
Speaker 1: quick end to the stalemate over fresh economic stimulus, treasuries

817
00:46:31,280 --> 00:46:34,160
Speaker 1: and the dollar climbed. Banks led losses in the SMP

818
00:46:34,239 --> 00:46:36,759
Speaker 1: five hundred of A JP Morgan Chason Cohen City Group Inc.

819
00:46:37,000 --> 00:46:41,200
Speaker 1: Sinking as investors worried the third quarter earning signal just

820
00:46:41,360 --> 00:46:45,239
Speaker 1: to pause in pain from soured loans. ELI Lillian Co.

821
00:46:45,440 --> 00:46:48,960
Speaker 1: Tumbled after putting its government sponsored antibody test on hold

822
00:46:49,760 --> 00:46:53,239
Speaker 1: due to potential safety concerns. And of course, folks, this

823
00:46:53,360 --> 00:46:57,000
Speaker 1: came just hours after J and J. Johnson and Johnson

824
00:46:57,080 --> 00:47:01,759
Speaker 1: paused its COVID nineteen vaccination trial. Amazon Prime Day Right,

825
00:47:02,080 --> 00:47:07,200
Speaker 1: Amazon closed, Little Changed An Apple slumped after Monday surge

826
00:47:07,320 --> 00:47:10,399
Speaker 1: in big tech. So they had the big, the big

827
00:47:10,440 --> 00:47:12,600
Speaker 1: Apple event. I heard there, the grade fund, the five

828
00:47:12,680 --> 00:47:15,279
Speaker 1: G speed phone, the new iPhone. I just got my

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00:47:15,360 --> 00:47:18,400
Speaker 1: new phone. See, I never know, John Citalitis, a Trilogy

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00:47:18,440 --> 00:47:21,680
Speaker 1: Advisors and a h consultant to the U. S. State Department,

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00:47:21,760 --> 00:47:24,160
Speaker 1: I never know. I'm not up to speed on the

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00:47:24,280 --> 00:47:26,839
Speaker 1: tech gadgets. You know what I'm saying, Like, I never

833
00:47:27,000 --> 00:47:29,120
Speaker 1: know when you should get the phone, not at the

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Speaker 1: I don't know. I'm not good at that stuff. You're

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00:47:34,000 --> 00:47:37,480
Speaker 1: talking to the wrong person. I've got four teenage boys.

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00:47:37,520 --> 00:47:41,120
Speaker 1: They're my I T team. Okay, I'm completely reliant on

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00:47:41,200 --> 00:47:44,120
Speaker 1: them to survive all of these technological changes. Yeah, I

838
00:47:44,320 --> 00:47:46,600
Speaker 1: I I don't understand why anyone the thing on your

839
00:47:46,800 --> 00:47:49,200
Speaker 1: the watch thing, I don't understand that, Isaac writes on

840
00:47:49,320 --> 00:47:53,239
Speaker 1: with us too, Democratic strategist, partner of Forward Solution Strategy Group,

841
00:47:53,280 --> 00:47:57,680
Speaker 1: co founder of the Rural Voter Institute. All right, it

842
00:47:57,880 --> 00:48:01,239
Speaker 1: is time for my favorite part of the day, well

843
00:48:01,360 --> 00:48:03,960
Speaker 1: favorite part of the show, and it's called What's on

844
00:48:04,080 --> 00:48:06,759
Speaker 1: Your Radar? It's where the panel tells me one thing,

845
00:48:07,440 --> 00:48:11,399
Speaker 1: one story that needs some more, needs some more play,

846
00:48:11,520 --> 00:48:17,000
Speaker 1: needs some more unraveling, unpackaging. John Cielitis, What's on your radar? Alright,

847
00:48:17,040 --> 00:48:19,560
Speaker 1: I'm sorry, Kevin, but I've got an exciting combo to

848
00:48:19,680 --> 00:48:23,360
Speaker 1: share with you. Warren Peace. On the war side, US

849
00:48:23,440 --> 00:48:27,279
Speaker 1: Secretary of the Army Ryan McCarthy announced today that the

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00:48:27,440 --> 00:48:31,040
Speaker 1: US is testing a hypersonic missile that is a highly

851
00:48:31,120 --> 00:48:35,000
Speaker 1: maneuverable missile at all angles and heights, goes about Mack

852
00:48:35,120 --> 00:48:38,600
Speaker 1: five speed almost four thousand miles an hour, impossible to

853
00:48:38,719 --> 00:48:42,160
Speaker 1: detect and destroy, and we now successfully tested a missile

854
00:48:42,200 --> 00:48:45,080
Speaker 1: it's able to strike targets within a range of six

855
00:48:45,360 --> 00:48:50,400
Speaker 1: inches talk about precision strike. On the piece side, A

856
00:48:50,560 --> 00:48:54,640
Speaker 1: twelve year old boy in Tennessee has successfully built a

857
00:48:54,760 --> 00:49:01,200
Speaker 1: working miniature nuclear fusion reactor. He claims toughest part was

858
00:49:01,320 --> 00:49:04,440
Speaker 1: making the chamber seal airtight. For the rest of us,

859
00:49:04,560 --> 00:49:08,000
Speaker 1: the toughest part would be using nuclear particles. Okay, you

860
00:49:08,080 --> 00:49:10,040
Speaker 1: know what I was doing at twelve years old for

861
00:49:10,160 --> 00:49:14,320
Speaker 1: my science projects? I got okay, my well, my seventh

862
00:49:14,360 --> 00:49:18,200
Speaker 1: grade science project was which brand of popcorn in the

863
00:49:18,280 --> 00:49:21,920
Speaker 1: microwave pops the most culs. And this kids out I'm

864
00:49:21,960 --> 00:49:24,320
Speaker 1: not even kidding. This is like a true story, and

865
00:49:24,440 --> 00:49:28,480
Speaker 1: this kid's out there solving nuclear energy. John said, of ladies,

866
00:49:28,560 --> 00:49:30,239
Speaker 1: what's going on with China? While I have you on,

867
00:49:30,600 --> 00:49:33,800
Speaker 1: what's the latest on the China front? You know, China

868
00:49:33,880 --> 00:49:36,880
Speaker 1: always puts us in a in a sour direction because

869
00:49:36,920 --> 00:49:40,600
Speaker 1: we have here and increasingly hostile threat to the regional

870
00:49:40,760 --> 00:49:44,200
Speaker 1: order in Asia and to the global international rules based order.

871
00:49:44,800 --> 00:49:47,840
Speaker 1: Whether it's the technology cold war that they launched against

872
00:49:47,880 --> 00:49:51,200
Speaker 1: the United States and the European Union, whether it's more

873
00:49:51,280 --> 00:49:54,399
Speaker 1: and more encouraging carriages against their neighbors in the South

874
00:49:54,520 --> 00:49:57,920
Speaker 1: China Sea, in India and Japan. Now they're declaring that

875
00:49:58,120 --> 00:50:01,560
Speaker 1: one third of one of the country's of their western border, Kyrgyzstan,

876
00:50:02,040 --> 00:50:04,759
Speaker 1: is actually Chinese. So there seems to be a never

877
00:50:05,000 --> 00:50:07,720
Speaker 1: ending series of escalations on the part of China against

878
00:50:08,000 --> 00:50:11,600
Speaker 1: all of its neighbors and unfortunately, against the global community.

879
00:50:12,800 --> 00:50:16,320
Speaker 1: So what what Why don't you think? Why don't you

880
00:50:16,440 --> 00:50:19,640
Speaker 1: think China has been as much of a topic in

881
00:50:19,719 --> 00:50:23,640
Speaker 1: this election as Republicans would have hoped for. I think,

882
00:50:23,680 --> 00:50:27,040
Speaker 1: for the most part, Kevin foreign policy is not a

883
00:50:27,200 --> 00:50:30,960
Speaker 1: major issue from most Americans unless there's a direct challenge,

884
00:50:31,000 --> 00:50:34,520
Speaker 1: say after the September eleventh attacks, or Americans are being

885
00:50:34,640 --> 00:50:37,080
Speaker 1: killed in the service of their nation, which we haven't

886
00:50:37,120 --> 00:50:39,279
Speaker 1: had in many years, been a pandemic. I mean, it

887
00:50:39,400 --> 00:50:41,160
Speaker 1: kind of seems like a major town. I just have

888
00:50:41,239 --> 00:50:44,319
Speaker 1: a surprised I think we're so focused on getting our

889
00:50:44,360 --> 00:50:47,680
Speaker 1: own lives and orders, getting our kids in schools, seeing

890
00:50:47,719 --> 00:50:50,200
Speaker 1: how we go back to our professional lives, and some

891
00:50:51,000 --> 00:50:54,160
Speaker 1: level of normalcy. Again, We're very inwardly focused right now.

892
00:50:54,400 --> 00:50:57,799
Speaker 1: But I think in I think that will be bipartisan

893
00:50:57,920 --> 00:51:00,319
Speaker 1: calls for accountability on the part of the China needs.

894
00:51:00,600 --> 00:51:03,160
Speaker 1: We just have to get past this internal crisis first,

895
00:51:03,520 --> 00:51:05,920
Speaker 1: all right, Isaac right, that that's very smart. John Isaac right,

896
00:51:05,960 --> 00:51:10,160
Speaker 1: what's on your radar? So I think everybody right now

897
00:51:10,440 --> 00:51:12,440
Speaker 1: is expecting to go into election day with a big,

898
00:51:12,520 --> 00:51:16,160
Speaker 1: robust conversation about the economy. John mentioned earlier, Republicans want

899
00:51:16,200 --> 00:51:18,920
Speaker 1: to talk about the economy. Democrats obviously pointing to the

900
00:51:18,960 --> 00:51:22,040
Speaker 1: fact Trump has lost four points seven million jobs in

901
00:51:22,080 --> 00:51:24,360
Speaker 1: the country since he took office, only the second president

902
00:51:24,480 --> 00:51:28,080
Speaker 1: eighty years going into re election with overall job losses.

903
00:51:28,640 --> 00:51:32,759
Speaker 1: But I think that looking beyond the impact of the

904
00:51:33,280 --> 00:51:37,000
Speaker 1: Trump economic recession and what it means in the election,

905
00:51:37,400 --> 00:51:40,440
Speaker 1: we need to pay attention specifically to what it means

906
00:51:40,840 --> 00:51:43,800
Speaker 1: we and and what happens in the election with rule voters,

907
00:51:44,560 --> 00:51:47,440
Speaker 1: uh and with faith voters. And I used for example,

908
00:51:47,640 --> 00:51:49,840
Speaker 1: when rule voters, you know, with the Rule Voter Institute

909
00:51:49,880 --> 00:51:53,040
Speaker 1: and are polling. The summer, Joe Biden had already narrowed

910
00:51:53,920 --> 00:51:57,200
Speaker 1: the gap with rule voters in the swing state of

911
00:51:57,239 --> 00:52:01,360
Speaker 1: Wisconsin to thirteen points. That's compared to Hillary Clinton's twenty

912
00:52:01,440 --> 00:52:05,600
Speaker 1: seven point gap. Right Governor Evers upset Governor Walker there

913
00:52:05,640 --> 00:52:08,520
Speaker 1: in teen. By holding the ruld voter gap to twenty points,

914
00:52:08,920 --> 00:52:11,600
Speaker 1: Joe Biden has run a great campaign in rural America

915
00:52:11,880 --> 00:52:14,239
Speaker 1: they're continuing to carry through the end of the election day.

916
00:52:14,480 --> 00:52:17,240
Speaker 1: And the same thing in the faith community. Our research

917
00:52:17,320 --> 00:52:22,319
Speaker 1: found about twenty four only only of world voters say

918
00:52:22,400 --> 00:52:28,000
Speaker 1: that they're generally UH Lean Democrat. However, another say that,

919
00:52:28,160 --> 00:52:31,000
Speaker 1: although typically voting Republican, they will sometimes vote for the

920
00:52:31,080 --> 00:52:35,360
Speaker 1: right Democrat. Meaning half of weekly church attending rule voters

921
00:52:35,719 --> 00:52:38,960
Speaker 1: are up for grabs in this election. And you see

922
00:52:39,040 --> 00:52:42,520
Speaker 1: groups like Space and other groups like that that are

923
00:52:42,600 --> 00:52:46,400
Speaker 1: popping up UH and reaching out Believers for Biden, Catholics

924
00:52:46,440 --> 00:52:50,440
Speaker 1: for Biden, UH, evangelical pro life voters for Biden popping

925
00:52:50,560 --> 00:52:52,920
Speaker 1: up in support of Joe Boden. And I think we're

926
00:52:52,920 --> 00:52:56,719
Speaker 1: gonna see a major realignment in in the numbers in

927
00:52:56,800 --> 00:53:01,600
Speaker 1: this country between UH, the evangelical move in mainline Protestant movement.

928
00:53:01,880 --> 00:53:03,719
Speaker 1: I think in the next couple of weeks even will

929
00:53:03,760 --> 00:53:06,920
Speaker 1: feast some evidence of where these things are starting to

930
00:53:07,040 --> 00:53:09,400
Speaker 1: evolve and fall. Well, you know you mean you mentioned

931
00:53:09,560 --> 00:53:11,880
Speaker 1: the Evangelicals in particular, and I know that you do

932
00:53:12,040 --> 00:53:15,920
Speaker 1: such you this is really your your real house. I

933
00:53:15,960 --> 00:53:19,759
Speaker 1: mean Catholicism in particular Joe Biden. It would only be

934
00:53:19,880 --> 00:53:24,560
Speaker 1: the second Catholic president in the nation's history. Um, Uh

935
00:53:25,040 --> 00:53:27,960
Speaker 1: as well, and Catholicism very much an issue at these

936
00:53:28,640 --> 00:53:31,000
Speaker 1: at the Senate Judiciary Committee hearings. Can you just speak

937
00:53:31,040 --> 00:53:34,080
Speaker 1: to that just the role of the Catholics have played

938
00:53:34,080 --> 00:53:38,840
Speaker 1: in this election. Yeah. I think Joe Biden has is

939
00:53:38,880 --> 00:53:41,239
Speaker 1: a person who has lived by his fate. You know,

940
00:53:41,400 --> 00:53:43,760
Speaker 1: when we think about the twenty five chapter of Matthew

941
00:53:44,160 --> 00:53:47,440
Speaker 1: and what Jesus commandment was to his followers about how

942
00:53:47,560 --> 00:53:52,000
Speaker 1: we treat uh the sick, the poor, uh, the foreigner

943
00:53:52,040 --> 00:53:55,360
Speaker 1: amongst us. Joe Biden has spent his entire public life

944
00:53:55,760 --> 00:53:59,400
Speaker 1: living those values. He is a devout Rosary saying Catholic,

945
00:53:59,719 --> 00:54:02,560
Speaker 1: and I think that makes a huge difference in leaching

946
00:54:02,640 --> 00:54:05,719
Speaker 1: people with talking about his values. Um. I think the

947
00:54:05,760 --> 00:54:09,480
Speaker 1: same thing with Kamala Harris uh a Baptist, my fellow Baptist,

948
00:54:09,560 --> 00:54:14,320
Speaker 1: Kamala Harris connecting on values and faith with so many voters,

949
00:54:14,520 --> 00:54:17,160
Speaker 1: and I think we're going to see a big change

950
00:54:17,200 --> 00:54:18,640
Speaker 1: there from what we see in the past. You know,

951
00:54:18,680 --> 00:54:22,040
Speaker 1: I would I wouldn't know what I mean again, regardless

952
00:54:22,120 --> 00:54:25,439
Speaker 1: of your politics, I mean, religion has has definitely played

953
00:54:25,440 --> 00:54:27,640
Speaker 1: a factor in this in this election, maybe in ways

954
00:54:27,719 --> 00:54:29,720
Speaker 1: that we that none of us in in the media

955
00:54:30,080 --> 00:54:33,040
Speaker 1: had anticipated. Here's what's on my radar, five G. John

956
00:54:33,080 --> 00:54:34,640
Speaker 1: and I have always talked about this, and I only

957
00:54:34,680 --> 00:54:37,280
Speaker 1: have a minute left. John, I'm sorry, but we always

958
00:54:37,280 --> 00:54:39,880
Speaker 1: talked about five G in China and how Secretary of

959
00:54:39,880 --> 00:54:43,120
Speaker 1: Pompeo and and Keith Croc, the Under Secretary on on

960
00:54:43,239 --> 00:54:47,000
Speaker 1: Eco Affairs, have been really driving Europe for sticking with

961
00:54:47,120 --> 00:54:50,120
Speaker 1: the Allies and and and keeping them away from from

962
00:54:50,400 --> 00:54:55,120
Speaker 1: the Communist Party's five G network. UM and Verizon. The

963
00:54:55,239 --> 00:54:58,799
Speaker 1: CEO Hans Wesberg appeared at the Apple event today and said,

964
00:54:58,880 --> 00:55:02,640
Speaker 1: quote five G just not real end quote, because Apple

965
00:55:02,719 --> 00:55:04,560
Speaker 1: has now announced that they have a five G phone

966
00:55:05,120 --> 00:55:07,799
Speaker 1: and this is the this is obviously the biggest one

967
00:55:08,600 --> 00:55:11,480
Speaker 1: for for the US of five G coming to the

968
00:55:11,600 --> 00:55:15,040
Speaker 1: United States on America's five G. Now, all right, thank

969
00:55:15,120 --> 00:55:16,960
Speaker 1: you to Isaac, Thank you John. That does it for me.

970
00:55:17,080 --> 00:55:19,440
Speaker 1: Thank you for listening. I'm Kevin Surli. You're listening to

971
00:55:19,480 --> 00:55:19,920
Speaker 1: Woomberg