1 00:00:00,480 --> 00:00:03,160 Speaker 1: Live from our nation's came this budget thing is going 2 00:00:03,200 --> 00:00:05,640 Speaker 1: to do nothing space Forts. I still think it's interesting 3 00:00:05,680 --> 00:00:09,000 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,160 --> 00:00:15,080 Speaker 1: politics colliding, Floomberg Sound on the insideings the influencers, the insides. 5 00:00:15,200 --> 00:00:17,479 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,480 --> 00:00:20,640 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,640 --> 00:00:23,440 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,640 --> 00:00:26,200 Speaker 1: Team Trump. The President has to do exactly what people 9 00:00:26,239 --> 00:00:27,960 Speaker 1: sent him here to do, which is to get it done. 10 00:00:28,360 --> 00:00:32,880 Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg 11 00:00:34,159 --> 00:00:37,200 Speaker 1: and one oh five point seven fm h D two. Alright, 12 00:00:37,200 --> 00:00:40,239 Speaker 1: World Series tonight, World Series tonight. I feel good about it. 13 00:00:40,280 --> 00:00:42,400 Speaker 1: I think the gnats I feel strong. I think the 14 00:00:42,479 --> 00:00:44,559 Speaker 1: nuts are going to get this. But there's so much 15 00:00:44,640 --> 00:00:47,839 Speaker 1: breaking news to get through. John Bolton has been asked 16 00:00:47,960 --> 00:00:50,879 Speaker 1: to testify next week. We're going to dive into that 17 00:00:50,960 --> 00:00:53,880 Speaker 1: with the latest on the impeachment. Plus two career Foreign 18 00:00:53,960 --> 00:00:58,480 Speaker 1: Service officers from the State Department testified today behind closed 19 00:00:58,480 --> 00:01:04,959 Speaker 1: doors and get this breaking news. Twitter CEO Jack Dorsey 20 00:01:05,200 --> 00:01:08,920 Speaker 1: tweets out quote, We've made the decision to stop all 21 00:01:09,080 --> 00:01:14,800 Speaker 1: political advertising on Twitter globally. We believe political message reach 22 00:01:14,840 --> 00:01:19,880 Speaker 1: should be earned, not bought, so Twitter not gonna be 23 00:01:19,920 --> 00:01:23,479 Speaker 1: advertising politically. Wow. Breaking news on that front as well. 24 00:01:23,520 --> 00:01:28,679 Speaker 1: Plus FED update. The Carl Ricka Donna is gonna check 25 00:01:28,720 --> 00:01:34,120 Speaker 1: in with us. The Carl Ricka Donna, Bloomberg's chief economists 26 00:01:34,160 --> 00:01:37,000 Speaker 1: gonna call in and give us an update on translating 27 00:01:37,000 --> 00:01:43,160 Speaker 1: Fedshair J. Powell, and we also have an all star 28 00:01:43,280 --> 00:01:47,080 Speaker 1: panel here with us Adrian L. Rod, Matt Gorman, and 29 00:01:47,280 --> 00:01:50,720 Speaker 1: Guy M. Snodgrass. It's the book making its way through 30 00:01:50,840 --> 00:01:54,840 Speaker 1: Holding the Line inside Trump's Pentagon with Secretary Maddie. He's 31 00:01:54,880 --> 00:01:58,200 Speaker 1: the former chief speech writer, speech writer and communications director 32 00:01:58,280 --> 00:02:02,320 Speaker 1: for General Maddie. Secretary Matters he's here as well. So 33 00:02:02,400 --> 00:02:04,400 Speaker 1: lots you get through. Carl mcdonna, what happened with the 34 00:02:04,400 --> 00:02:08,160 Speaker 1: FED today? Well, I'm gonna tease one of your next segments. 35 00:02:08,400 --> 00:02:11,919 Speaker 1: I believe it was towing the line or holding the lines. Uh, 36 00:02:11,960 --> 00:02:16,080 Speaker 1: that is exactly what J. Pale tried to accomplish with 37 00:02:16,160 --> 00:02:19,800 Speaker 1: today's press conference. So the FED has been responding to 38 00:02:20,000 --> 00:02:24,320 Speaker 1: weakening economic conditions and especially responding to the intensification of 39 00:02:24,320 --> 00:02:28,480 Speaker 1: the trade war by easing policy rates. So they cut 40 00:02:28,520 --> 00:02:33,560 Speaker 1: by seventy five basis points consecutively each at each of 41 00:02:33,600 --> 00:02:37,800 Speaker 1: the last three meetings, and in the past three was 42 00:02:37,840 --> 00:02:42,799 Speaker 1: a charm. So back in the FED saw a weakening economy, 43 00:02:43,200 --> 00:02:45,440 Speaker 1: they cut rates by seventy five basis points and that 44 00:02:45,520 --> 00:02:50,200 Speaker 1: was enough to reinvigorate growth. Back in again the FED 45 00:02:50,280 --> 00:02:53,840 Speaker 1: started cutting, not in a recession, just a mid cycle 46 00:02:53,919 --> 00:02:58,639 Speaker 1: course correction, and again that was enough to reinvigorate growth. Today, 47 00:02:58,880 --> 00:03:02,919 Speaker 1: j Pale tried to signal that maybe three is enough 48 00:03:03,280 --> 00:03:06,720 Speaker 1: this time around as well. Uh. And so the you know, 49 00:03:06,760 --> 00:03:10,160 Speaker 1: the difficult type rope that he's walking here is trying 50 00:03:10,200 --> 00:03:13,239 Speaker 1: to wean the markets off the expectation that the FED 51 00:03:13,280 --> 00:03:16,840 Speaker 1: will just keep cutting rates at every single meeting. Uh. 52 00:03:16,919 --> 00:03:19,600 Speaker 1: And so that was basically what he did today, towing 53 00:03:19,639 --> 00:03:23,399 Speaker 1: the line. However, there are some real question marks as 54 00:03:23,440 --> 00:03:26,680 Speaker 1: to whether the economy is on the same type of trajectory. 55 00:03:27,320 --> 00:03:29,960 Speaker 1: Is what we put what we saw in those prior episodes. 56 00:03:29,960 --> 00:03:32,240 Speaker 1: So let me just put a few numbers around that 57 00:03:32,800 --> 00:03:36,040 Speaker 1: for the listening audience. Back in nineties six, when they 58 00:03:36,040 --> 00:03:40,200 Speaker 1: said we've done enough, GDP growth was three UH in 59 00:03:40,240 --> 00:03:43,000 Speaker 1: non farm payroll games were about two and twenty five 60 00:03:43,000 --> 00:03:48,320 Speaker 1: thousand per month in the quarter. In save that wow, uh, 61 00:03:48,360 --> 00:03:52,840 Speaker 1: because you're gonna have a WOWI next when they stopped, 62 00:03:53,160 --> 00:03:57,440 Speaker 1: GDP growth was six point six percent. That's queuing you 63 00:03:57,520 --> 00:04:01,320 Speaker 1: for the WAWI while we and pay rolls were averaging 64 00:04:01,560 --> 00:04:04,960 Speaker 1: two hundred and eighty one thousand per month, I mean, 65 00:04:05,360 --> 00:04:10,480 Speaker 1: really very strong performance. That really where are we now? Today? 66 00:04:10,600 --> 00:04:15,960 Speaker 1: We saw GDP growth of one nine and pay rolls 67 00:04:16,000 --> 00:04:19,640 Speaker 1: are probably averaging about a hundred and thirty d and 68 00:04:19,680 --> 00:04:22,680 Speaker 1: twenty five thousand per month. Uh. This Friday is gonna 69 00:04:22,680 --> 00:04:26,080 Speaker 1: be especially disappointing for the payroll numbers. My team is 70 00:04:26,120 --> 00:04:28,960 Speaker 1: looking for just seventy thousand, so the GM strikes a 71 00:04:29,000 --> 00:04:36,720 Speaker 1: big part there. But these are not I want to 72 00:04:36,760 --> 00:04:38,719 Speaker 1: I want to blow out job to day. It's not 73 00:04:38,760 --> 00:04:40,720 Speaker 1: gonna be a blowout job to day. It's gonna be 74 00:04:40,800 --> 00:04:43,360 Speaker 1: just a little bit of a whiff. Uh. And in 75 00:04:43,480 --> 00:04:47,479 Speaker 1: that environment, you have to wonder have they really done enough? 76 00:04:47,680 --> 00:04:49,400 Speaker 1: And I think the answer to that question is no, 77 00:04:50,240 --> 00:04:53,080 Speaker 1: which means they'll either be forced into a little bit 78 00:04:53,080 --> 00:04:58,120 Speaker 1: more easy come the December eleventh rate decision, or if 79 00:04:58,160 --> 00:05:01,560 Speaker 1: not in December, then in Q Carl Rick Adnana just 80 00:05:01,640 --> 00:05:05,560 Speaker 1: breaking it all down. Glad one of us could Bloomberg's 81 00:05:05,600 --> 00:05:08,200 Speaker 1: chief economist Carl Ricodnona Stanley for us in our New 82 00:05:08,279 --> 00:05:10,320 Speaker 1: York studio, appreciate the time as older as my friend 83 00:05:10,640 --> 00:05:14,200 Speaker 1: Carl rick a Nana very much appreciative joining us now 84 00:05:14,279 --> 00:05:18,000 Speaker 1: here in the in our Washington bureau. Adrian L. Rod, 85 00:05:18,040 --> 00:05:21,560 Speaker 1: Democratic strategist, former director of strategic communications for the Hillary 86 00:05:21,560 --> 00:05:26,400 Speaker 1: Clinton presidential campaign. Matt Gorman, vice president at Targeted Victory, 87 00:05:26,480 --> 00:05:30,360 Speaker 1: former NRCC communications director. I just quickly want to go 88 00:05:30,520 --> 00:05:35,400 Speaker 1: through the latest impeachment headlines that developed earlier this afternoon. 89 00:05:35,880 --> 00:05:39,919 Speaker 1: John Bolton John Bolton has been asked to testify next week. 90 00:05:40,000 --> 00:05:43,520 Speaker 1: The former National Security Advisor has been asked to testify 91 00:05:43,640 --> 00:05:48,240 Speaker 1: on November seven before the House committees conducting the impeachment inquiry. 92 00:05:48,880 --> 00:05:52,320 Speaker 1: This according to Bloomberg, which cites a person familiar with 93 00:05:52,920 --> 00:05:56,480 Speaker 1: the matter. Now, there's been some back and forth about 94 00:05:56,560 --> 00:06:00,560 Speaker 1: whether or not Bolton is going to comply with this. 95 00:06:01,040 --> 00:06:04,640 Speaker 1: Mc gorman, Republican insider. Do you think that ultimately Bolton 96 00:06:04,680 --> 00:06:07,240 Speaker 1: will get on board with this? He might, And man, 97 00:06:07,279 --> 00:06:11,919 Speaker 1: there ain't nothing like a Bolton scorn. It's like a 98 00:06:12,000 --> 00:06:15,400 Speaker 1: lightning Bolton. See what I did there. I don't know, 99 00:06:16,120 --> 00:06:20,080 Speaker 1: but look, I think you know a couple of things. 100 00:06:20,120 --> 00:06:22,880 Speaker 1: Bolton is a very savvy insider, right He was in 101 00:06:22,920 --> 00:06:26,080 Speaker 1: the Bush White House for a long time, former UN ambassador, 102 00:06:26,480 --> 00:06:29,920 Speaker 1: obviously involved in the Trump White House. He is someone 103 00:06:29,960 --> 00:06:33,160 Speaker 1: who knows how Washington works very well. So and he's 104 00:06:33,200 --> 00:06:35,120 Speaker 1: taking long with you on this. He's not going to 105 00:06:35,240 --> 00:06:39,320 Speaker 1: destroy his reputation for something he sees as whether you know, 106 00:06:39,360 --> 00:06:42,400 Speaker 1: it might be ill fated or whatever. Right, So he 107 00:06:42,560 --> 00:06:46,159 Speaker 1: is somebody who I think could very well be if 108 00:06:46,200 --> 00:06:49,200 Speaker 1: he complies, and I think he actually will, someone who 109 00:06:49,320 --> 00:06:51,800 Speaker 1: really sheds a lot on what the inner workings of 110 00:06:51,800 --> 00:06:54,159 Speaker 1: the Trump White House was like, all right, adrianell Rod 111 00:06:54,200 --> 00:07:00,000 Speaker 1: Earlier today, two more State Department officials testifying before uh 112 00:07:00,120 --> 00:07:04,600 Speaker 1: the before the impeachment inquiry committees, and they're just seems 113 00:07:04,640 --> 00:07:07,720 Speaker 1: to be now on the eve of this vote tomorrow, 114 00:07:07,839 --> 00:07:10,000 Speaker 1: which is the first step in the process of this 115 00:07:10,080 --> 00:07:14,760 Speaker 1: impeachment process. There seems now to be increased velocity in 116 00:07:14,840 --> 00:07:16,600 Speaker 1: terms of where this is headed. But we still don't 117 00:07:16,640 --> 00:07:19,720 Speaker 1: necessarily have a timeline for when articles of impeachment will 118 00:07:19,760 --> 00:07:22,400 Speaker 1: be brought. We don't have a time like yet. Kevin 119 00:07:22,440 --> 00:07:24,120 Speaker 1: and I think we have to keep in mind President 120 00:07:24,120 --> 00:07:27,080 Speaker 1: Clinton's impeachment process, I believe took fifty five days, and 121 00:07:27,080 --> 00:07:30,320 Speaker 1: we're like, what, Well, it depends on when you actually 122 00:07:30,360 --> 00:07:33,080 Speaker 1: start the timeline, right, does the timeline technically start after 123 00:07:33,080 --> 00:07:35,400 Speaker 1: the impeachment inquiry vote, which by the way, is more 124 00:07:35,440 --> 00:07:38,200 Speaker 1: of a ceremonial vote. It doesn't actually have to take place. 125 00:07:38,240 --> 00:07:41,760 Speaker 1: But it's something that Speaker Pelosi has decided is necessary, 126 00:07:41,840 --> 00:07:45,120 Speaker 1: especially because they are changing some of the UM process 127 00:07:45,240 --> 00:07:48,320 Speaker 1: rules when it comes to how long witnesses can testify, 128 00:07:48,600 --> 00:07:52,560 Speaker 1: how long UM members of Congress can ask questions UM. 129 00:07:52,680 --> 00:07:54,320 Speaker 1: She's said that she wants to make this sphere for 130 00:07:54,360 --> 00:07:56,960 Speaker 1: Democrats and Republicans to be able to ask questions in 131 00:07:57,040 --> 00:07:59,600 Speaker 1: equal times, So there is UM. There are some procedural 132 00:07:59,600 --> 00:08:02,840 Speaker 1: attacked will be in the in the bill that's voted 133 00:08:02,880 --> 00:08:05,680 Speaker 1: on tomorrow. But look, I gotta tell you, I hope 134 00:08:05,760 --> 00:08:08,000 Speaker 1: Kevin that I think you know, first of all, Congress 135 00:08:08,000 --> 00:08:10,480 Speaker 1: has got to do his job and UM have a 136 00:08:10,600 --> 00:08:13,080 Speaker 1: very fair and thorough process. But at the same time, 137 00:08:13,560 --> 00:08:16,080 Speaker 1: I don't want this to go on into Iowa. I 138 00:08:16,200 --> 00:08:19,679 Speaker 1: don't want I don't want to see our sitting senators 139 00:08:19,720 --> 00:08:23,000 Speaker 1: who are running for president have to, you know, spend 140 00:08:23,160 --> 00:08:26,800 Speaker 1: three weeks in January UM in a Senate trial here 141 00:08:26,840 --> 00:08:29,080 Speaker 1: in Washington. I mean, they're really going to have to 142 00:08:29,160 --> 00:08:32,839 Speaker 1: figure out Kamala Harris, Elizabeth Warren, Amy Klobatar, Corey Booker. 143 00:08:33,040 --> 00:08:36,479 Speaker 1: They're gonna have to figure out a way to deploy surrogates, 144 00:08:36,520 --> 00:08:40,000 Speaker 1: whether it's their family members, key campaign aids, you know, 145 00:08:40,080 --> 00:08:42,280 Speaker 1: other high level people who have endorsed them out on 146 00:08:42,360 --> 00:08:45,880 Speaker 1: the campus here in Washington coming up. We're gonna stick 147 00:08:45,920 --> 00:08:49,400 Speaker 1: with because that's a great jumping off point for what 148 00:08:49,520 --> 00:08:52,680 Speaker 1: we have next. And get this. Jack Dorsey, CEO of Twitter, 149 00:08:53,000 --> 00:08:56,079 Speaker 1: just tweeted out within the last sixty minutes folks that 150 00:08:56,200 --> 00:09:00,760 Speaker 1: Twitter is not going to be allowing any political advertising. 151 00:09:00,800 --> 00:09:03,199 Speaker 1: We're going to dive into the insiders of that. And 152 00:09:03,400 --> 00:09:06,520 Speaker 1: I've got my hands on the book everybody is talking about, 153 00:09:06,960 --> 00:09:11,600 Speaker 1: holding the line inside Trump's Pentagon with Secretary Madis. It's 154 00:09:11,640 --> 00:09:15,480 Speaker 1: written by Guy M. Snodgrass. He's here waiting in the 155 00:09:15,520 --> 00:09:19,920 Speaker 1: Bloomberg Bureau. He's the former chief speechwriter and communications director 156 00:09:20,240 --> 00:09:23,040 Speaker 1: to Secretary Madis. You don't want to miss what he 157 00:09:23,280 --> 00:09:26,719 Speaker 1: has to say. Download The Bloomberg sound On podcast on 158 00:09:26,840 --> 00:09:30,160 Speaker 1: Apple iTunes. At Bloomberg dot com or by downloading the 159 00:09:30,200 --> 00:09:32,720 Speaker 1: Bloomberg Business app. You can also find us on Radio 160 00:09:32,880 --> 00:09:36,360 Speaker 1: dot com, I Heart Radio, and Spotify. I'm Kevin SERELLI 161 00:09:37,000 --> 00:09:39,880 Speaker 1: Game seven tonight. Folks. Who's with me? You're listening to Bloomberg, 162 00:09:45,200 --> 00:09:48,640 Speaker 1: You're listening to Bloomberg Sound On with Kevin Surley on 163 00:09:48,760 --> 00:09:52,720 Speaker 1: Bloomberg and one old five point seven h D two. 164 00:09:53,240 --> 00:09:57,040 Speaker 1: Game time, almost almost game time. I'm Kevin Cirelli, Chief 165 00:09:57,080 --> 00:10:00,679 Speaker 1: Washington correspondent for Bloomberg TV and Bloomberg Radio. Adrian L. 166 00:10:00,760 --> 00:10:05,079 Speaker 1: Rod Democratic strategist, Nack Warman, Republican strategists here with me, 167 00:10:05,760 --> 00:10:09,079 Speaker 1: sitting here. Where are you watching the game tonight? Everybody? Uh? 168 00:10:09,440 --> 00:10:13,480 Speaker 1: Navy Yard? Okay, Yeah, I have a m LBJ Foundation 169 00:10:13,520 --> 00:10:16,040 Speaker 1: dinner tonight, but I will be watching the game later somewhere. 170 00:10:16,080 --> 00:10:18,960 Speaker 1: I'm not sure where yet, TBD. And obviously everyone here 171 00:10:19,040 --> 00:10:23,480 Speaker 1: is reading for the Nats or whatever. Okay, but you that, 172 00:10:25,600 --> 00:10:28,680 Speaker 1: I'll give you the I think everybody it's so interesting 173 00:10:28,720 --> 00:10:31,040 Speaker 1: because I think like the Astros really thought they were 174 00:10:31,040 --> 00:10:34,040 Speaker 1: going to just wrap it up last night, and you 175 00:10:34,080 --> 00:10:38,000 Speaker 1: know what, No, they're They're very good. They've had a 176 00:10:38,040 --> 00:10:42,360 Speaker 1: lot of drama in this off off, off, off field. 177 00:10:42,400 --> 00:10:44,520 Speaker 1: They've had a lot of drama. That's all i'm gonna say. 178 00:10:44,520 --> 00:10:47,000 Speaker 1: We haven't really gotten into it, but they fired, i believe, 179 00:10:47,080 --> 00:10:49,160 Speaker 1: one of their execs. And that's all i'm gonna say. 180 00:10:49,679 --> 00:10:51,600 Speaker 1: It's been interesting all. You know. What else is interesting 181 00:10:51,720 --> 00:10:55,120 Speaker 1: is this tweet from Jack Dorsey, the CEO of Twitter, 182 00:10:55,240 --> 00:10:58,520 Speaker 1: Adrian earlier, were you and I were talking about twenty 183 00:10:58,559 --> 00:11:01,280 Speaker 1: and how impeachment might go on and on and into 184 00:11:01,320 --> 00:11:04,520 Speaker 1: the Iowa caucus and the senators who are running for 185 00:11:04,600 --> 00:11:06,920 Speaker 1: president are going to have a hard time penetrating if 186 00:11:06,960 --> 00:11:10,120 Speaker 1: that's the case. And look, they're not even gonna be 187 00:11:10,240 --> 00:11:13,280 Speaker 1: able to run ads on Twitter because Jack Dorsey, within 188 00:11:13,400 --> 00:11:17,240 Speaker 1: the last hour, he tweeted out, We've made the decision 189 00:11:17,320 --> 00:11:21,439 Speaker 1: to stop all political advertising on Twitter globally. We believe 190 00:11:21,520 --> 00:11:25,280 Speaker 1: political message reach should be earned and not bought. Then 191 00:11:25,440 --> 00:11:28,319 Speaker 1: and then, according to Bloomberg's reporting by Kurt Wagner on 192 00:11:28,360 --> 00:11:31,480 Speaker 1: the Bloomberg Terminal, the new policy, to be enforced globally 193 00:11:31,559 --> 00:11:34,800 Speaker 1: will go into effect November twenty. The company plans to 194 00:11:34,880 --> 00:11:39,360 Speaker 1: publish a new political ads policy outlining the change in 195 00:11:39,480 --> 00:11:44,280 Speaker 1: a few weeks. Wow. Yeah, this is significant and Kevin 196 00:11:44,320 --> 00:11:48,160 Speaker 1: I'm assuming that people can still boost tweets on to 197 00:11:48,200 --> 00:11:50,080 Speaker 1: where they can still put money behind to boost tweets, 198 00:11:50,080 --> 00:11:52,240 Speaker 1: so there will be It's not like Twitter saying no, 199 00:11:52,440 --> 00:11:54,959 Speaker 1: we're not taking any money from campaigns, right, But this 200 00:11:55,160 --> 00:11:57,719 Speaker 1: is a significant step, and I think it's sort of 201 00:11:57,760 --> 00:11:59,920 Speaker 1: a slap in the face from from you know, Jack 202 00:12:00,400 --> 00:12:04,960 Speaker 1: Dorsey to Mark Zuckerberg because there have been so many 203 00:12:05,040 --> 00:12:08,040 Speaker 1: controversies with the ads on Facebook being inaccurate. Of course, 204 00:12:08,080 --> 00:12:10,960 Speaker 1: Elizabeth Warren most recently doing sort of a head fake 205 00:12:11,040 --> 00:12:13,599 Speaker 1: in posting an ad that she knew was inaccurate on 206 00:12:13,600 --> 00:12:15,120 Speaker 1: Facebook to see if they would take it down. Then 207 00:12:15,160 --> 00:12:18,160 Speaker 1: they didn't. Um, you know, I think we all respect, 208 00:12:18,200 --> 00:12:20,079 Speaker 1: of course, the right to freedom of speech and and 209 00:12:20,240 --> 00:12:24,720 Speaker 1: that's fine, but Facebook more people are tuning into Facebook 210 00:12:24,760 --> 00:12:27,720 Speaker 1: every single day to get their news, to get whatever 211 00:12:27,840 --> 00:12:31,199 Speaker 1: information they're looking for, to watch television shows, and they 212 00:12:31,360 --> 00:12:35,040 Speaker 1: thus have a responsibility, the same responsibility that broadcast media 213 00:12:35,120 --> 00:12:38,880 Speaker 1: does to make sure that advertisements are are accurate, because 214 00:12:39,280 --> 00:12:41,199 Speaker 1: they are now whether they want to be or not, 215 00:12:41,360 --> 00:12:43,360 Speaker 1: which I think they want to be. They are a 216 00:12:43,480 --> 00:12:45,880 Speaker 1: primary medium for where people get their own and this 217 00:12:46,000 --> 00:12:48,320 Speaker 1: is not I mean, there's so much to dive in here. 218 00:12:48,360 --> 00:12:50,920 Speaker 1: But let's let's take a step back, and let's stick 219 00:12:51,000 --> 00:12:54,160 Speaker 1: with the Dorsey versus Zuckerberg angle for a second, because 220 00:12:54,640 --> 00:12:57,160 Speaker 1: I'll read it from the Bloomberg terminal. Twitter's decision comes 221 00:12:57,200 --> 00:13:00,960 Speaker 1: as Facebook Inc. Has very publicly defer ended its policy 222 00:13:01,120 --> 00:13:06,280 Speaker 1: of not fact checking posts from politicians, including ads. Yeah, 223 00:13:06,559 --> 00:13:09,600 Speaker 1: look a couple of things. I think this Twitter band 224 00:13:09,760 --> 00:13:12,560 Speaker 1: or whatever is a little bit superficial because look, at 225 00:13:12,640 --> 00:13:15,079 Speaker 1: least I can speak for Republicans. If you have Twitter 226 00:13:15,200 --> 00:13:17,959 Speaker 1: buys a major part of your digital media plan, it's 227 00:13:17,960 --> 00:13:21,360 Speaker 1: not very effective, right Twitters You're reaching insiders, reaching people 228 00:13:21,800 --> 00:13:24,319 Speaker 1: like Kevin Ceilli and Adrian L. Rod who you know 229 00:13:24,559 --> 00:13:26,920 Speaker 1: at least Adrian probably know who we're voting for already, 230 00:13:26,920 --> 00:13:29,640 Speaker 1: and Matt Gorman. Right, So I I actually here's a 231 00:13:29,679 --> 00:13:32,760 Speaker 1: fun fact. I don't vote in the election. Yeah I didn't. 232 00:13:32,840 --> 00:13:34,839 Speaker 1: I did. I didn't include you on. I learned that. No, 233 00:13:34,920 --> 00:13:37,520 Speaker 1: I learned that at Penn State Journalism School. I don't 234 00:13:37,600 --> 00:13:40,760 Speaker 1: vote in the elections that I covered. Fair, Okay, go ahead, um, 235 00:13:41,160 --> 00:13:44,320 Speaker 1: But when it comes to Facebook, look like my biggest 236 00:13:44,360 --> 00:13:46,920 Speaker 1: thing is I don't believe Facebook should be held to 237 00:13:47,000 --> 00:13:51,839 Speaker 1: a different standard. Then broadcast TV is right. Candidates have 238 00:13:51,920 --> 00:13:53,800 Speaker 1: a very wide latitude where do you like it or not? 239 00:13:53,920 --> 00:13:57,160 Speaker 1: We can debate that very wide latitude on ads when 240 00:13:57,200 --> 00:14:00,400 Speaker 1: they run on TV. UM organizations like the n r 241 00:14:00,480 --> 00:14:03,080 Speaker 1: c C we had to adhere to much more factual 242 00:14:03,600 --> 00:14:06,599 Speaker 1: structure we could get our ads taken down. Candidates have 243 00:14:06,679 --> 00:14:08,800 Speaker 1: a very wide latitude and almost never get their ads 244 00:14:08,800 --> 00:14:11,160 Speaker 1: taken down off the cable. So my point is, if 245 00:14:11,200 --> 00:14:14,040 Speaker 1: you want to do that for TV, you need to 246 00:14:14,120 --> 00:14:17,280 Speaker 1: have very similar ad to with Facebook or vice versa. 247 00:14:17,440 --> 00:14:20,000 Speaker 1: I think it's interesting because Jack Dorsey essentially saying, you 248 00:14:20,040 --> 00:14:24,160 Speaker 1: know what I got through the election and all of 249 00:14:24,280 --> 00:14:26,840 Speaker 1: the hearings and all of the headline risk and the 250 00:14:26,920 --> 00:14:29,840 Speaker 1: reputational risk that comes with testifying up on Capitol Hill, 251 00:14:30,040 --> 00:14:32,360 Speaker 1: and they've arrived at this decision, and then this Facebook 252 00:14:32,560 --> 00:14:34,880 Speaker 1: arrived at another decision. It really is. I mean, no 253 00:14:34,960 --> 00:14:37,080 Speaker 1: matter who you agree or disagree, or you're a different one, 254 00:14:37,240 --> 00:14:41,720 Speaker 1: it's fascinating to see such too culturally important ceo s 255 00:14:42,280 --> 00:14:45,880 Speaker 1: really arrived at at different uh at different areas as 256 00:14:45,960 --> 00:14:48,320 Speaker 1: of now. Quick question to you, Adrian, if you're the 257 00:14:48,400 --> 00:14:51,680 Speaker 1: campaign manager of one of these campaigns and this this 258 00:14:51,880 --> 00:14:54,640 Speaker 1: comes out, I guess not if you're the campaign manager, 259 00:14:54,720 --> 00:14:57,160 Speaker 1: if you're ahead of advise, how do you reallocate your 260 00:14:57,160 --> 00:14:59,280 Speaker 1: resources or take us behind the scenes. What are folks 261 00:14:59,320 --> 00:15:01,640 Speaker 1: thinking now with the new policy that just got announced. Well, 262 00:15:01,640 --> 00:15:04,000 Speaker 1: if I was a campaign manager running a major campaign 263 00:15:04,040 --> 00:15:07,400 Speaker 1: that was focused very heavily on digital media buying, I 264 00:15:07,440 --> 00:15:10,880 Speaker 1: would immediately go to my digital tractor, what should we do? 265 00:15:11,000 --> 00:15:14,360 Speaker 1: Where should we reallocate resources? But you know, look, people 266 00:15:14,400 --> 00:15:16,720 Speaker 1: are gonna be focusing on Facebook. You know, they're gonna 267 00:15:16,720 --> 00:15:19,240 Speaker 1: be focusing on Instagram, like, there's plenty of different, you know, 268 00:15:19,640 --> 00:15:22,360 Speaker 1: alternative resources. And what I think is going to be 269 00:15:22,440 --> 00:15:25,680 Speaker 1: interesting is, you know, does does our friend Jack at 270 00:15:25,720 --> 00:15:27,960 Speaker 1: Twitter look back in a couple of months and say, gosh, 271 00:15:28,080 --> 00:15:30,520 Speaker 1: we really lost a lot of revenue by making this decision, 272 00:15:31,200 --> 00:15:34,960 Speaker 1: or does he say thank you Lord that I did 273 00:15:35,160 --> 00:15:37,800 Speaker 1: that and I don't have to be dragged into Capitol Hill. 274 00:15:39,120 --> 00:15:41,400 Speaker 1: Zuckerberg was the other day, and I think he probably. 275 00:15:41,400 --> 00:15:43,360 Speaker 1: I'm sure this is obviously a very well thought out 276 00:15:43,440 --> 00:15:45,680 Speaker 1: and thought the decision. At Twitter, they knew that they 277 00:15:45,720 --> 00:15:48,240 Speaker 1: would be losing some revenue, but obviously they get plenty 278 00:15:48,280 --> 00:15:51,400 Speaker 1: of revenue from corporate entities and from non political campaign 279 00:15:51,600 --> 00:15:54,560 Speaker 1: in a way, right, I think Twitter's biggest problem in 280 00:15:54,600 --> 00:15:59,480 Speaker 1: a way, it wasn't Ads, it was Box. It was like, 281 00:16:00,040 --> 00:16:02,400 Speaker 1: look over there, we're gonna go on offense and don't 282 00:16:02,440 --> 00:16:06,160 Speaker 1: talk about the bots. So you're right, like it does 283 00:16:06,240 --> 00:16:08,160 Speaker 1: this really kind of set the tone for Jack. I 284 00:16:08,240 --> 00:16:10,240 Speaker 1: give him credit. He was able to kind of do 285 00:16:10,320 --> 00:16:14,160 Speaker 1: a little distraction by going on offense. But in six months, 286 00:16:14,320 --> 00:16:16,280 Speaker 1: nine months, a year from now, are we back to 287 00:16:16,360 --> 00:16:19,320 Speaker 1: talking about those bots? Or are we gonna be talking 288 00:16:19,360 --> 00:16:24,520 Speaker 1: about tomorrow the World Series Champions, the Washington Nationals. We'll 289 00:16:24,520 --> 00:16:27,320 Speaker 1: see coming up we pivots to foreign policy. You don't 290 00:16:27,360 --> 00:16:30,040 Speaker 1: want to miss this guy. Am A. Snodgrass is here. 291 00:16:30,120 --> 00:16:33,920 Speaker 1: He's the former chief speechwriter and communications director to Secretary Maddis, 292 00:16:34,400 --> 00:16:37,880 Speaker 1: and everybody's buzzing about his book, Holding the Line Inside 293 00:16:37,920 --> 00:16:41,800 Speaker 1: Trump's Pentagon with Secretary Maddis. Download the Bloomberg Sound on 294 00:16:41,840 --> 00:16:44,680 Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by 295 00:16:44,720 --> 00:16:46,920 Speaker 1: downloading the Bloomberg Business App. You can also find us 296 00:16:46,960 --> 00:16:51,240 Speaker 1: on Radio dot com, I Heart Radio, and Spotify. Kevin Surreally, 297 00:16:51,320 --> 00:16:54,760 Speaker 1: chief Washington correspondent for Bloomberg Television and Bloomberg Radio, and 298 00:16:54,840 --> 00:17:05,800 Speaker 1: you're listening to Bloomberg. This is Bloomberg Sound On with 299 00:17:06,000 --> 00:17:10,440 Speaker 1: Kevin Surley on Bloomberg and one oh five point seven 300 00:17:10,520 --> 00:17:12,960 Speaker 1: f M HD two. Have you heard about this book? 301 00:17:13,000 --> 00:17:16,240 Speaker 1: How could you not? Everybody's talking about it, and in fact, 302 00:17:16,320 --> 00:17:19,800 Speaker 1: we've got the author sitting in our studio. The book 303 00:17:19,880 --> 00:17:25,800 Speaker 1: is called Holding the Line Inside Trump's Pentagon with Secretary Maddie. 304 00:17:25,920 --> 00:17:30,399 Speaker 1: It's authored by Guys Snodgrass. He's a commander from the U. S. 305 00:17:30,480 --> 00:17:33,240 Speaker 1: Navy retired now he's also the former chief speech writer 306 00:17:33,600 --> 00:17:38,960 Speaker 1: and communications director for Secretary Maddis. Alright, guys, first of all, 307 00:17:39,000 --> 00:17:40,639 Speaker 1: thanks for being here. Yeah, thanks for all right. So 308 00:17:40,720 --> 00:17:44,800 Speaker 1: this opinion that you published in the Washington Post, I 309 00:17:44,880 --> 00:17:46,520 Speaker 1: believe was in the Post, right, it was in the 310 00:17:46,840 --> 00:17:49,600 Speaker 1: USA today US. I apologize. That's printed out right in 311 00:17:49,640 --> 00:17:52,240 Speaker 1: front of me, and and and I love I love 312 00:17:52,320 --> 00:17:55,240 Speaker 1: this headline. Why I sued the Pentagon and wrote my 313 00:17:55,359 --> 00:17:58,720 Speaker 1: book on Donald Trump and James Maddis. Maddie has taken 314 00:17:58,800 --> 00:18:03,280 Speaker 1: a vow of silence, but America deserves insight on key decisions, 315 00:18:03,359 --> 00:18:08,640 Speaker 1: threats to alliances, and how dysfunction compromises our security. You've 316 00:18:08,640 --> 00:18:10,920 Speaker 1: been everywhere, so thank you for adding US to your 317 00:18:11,640 --> 00:18:14,200 Speaker 1: tour as you promote this book. But let's start here. 318 00:18:14,440 --> 00:18:17,399 Speaker 1: Why did you write the book? When you take a 319 00:18:17,440 --> 00:18:18,919 Speaker 1: look back at the year and a half I had 320 00:18:18,960 --> 00:18:20,760 Speaker 1: with Maddis, I mean, we were there, like you just said, 321 00:18:20,800 --> 00:18:23,480 Speaker 1: for issues of national and international significance. And may I 322 00:18:23,560 --> 00:18:26,840 Speaker 1: tell you right now, there's so much misinformation regardless of 323 00:18:26,880 --> 00:18:28,639 Speaker 1: whether it's the left side of the aisle, the right side, 324 00:18:28,720 --> 00:18:30,399 Speaker 1: or you're right down the middle, there's a lot of 325 00:18:30,800 --> 00:18:33,359 Speaker 1: false narratives being bannied about. So to be able to 326 00:18:33,440 --> 00:18:35,520 Speaker 1: be in the room to see what the reality is, 327 00:18:35,640 --> 00:18:38,640 Speaker 1: what the truth is behind closed doors, and to understand 328 00:18:38,720 --> 00:18:41,159 Speaker 1: that it has a massive impact on America. It has 329 00:18:41,200 --> 00:18:42,960 Speaker 1: a massive impact on our standing in the world, the 330 00:18:43,000 --> 00:18:46,000 Speaker 1: way we handle our alliances and partnerships, the way we 331 00:18:46,119 --> 00:18:48,920 Speaker 1: handle our industry partnerships, and so to be able to 332 00:18:49,000 --> 00:18:52,399 Speaker 1: share that with the American public felt very important. It 333 00:18:52,480 --> 00:18:54,440 Speaker 1: was important to get that message out. And look, I 334 00:18:54,480 --> 00:18:56,359 Speaker 1: mean when you look back at my twenty years of 335 00:18:56,440 --> 00:18:59,199 Speaker 1: service in the U. S. Navy, it was always important. 336 00:18:59,240 --> 00:19:01,760 Speaker 1: You know, your honor, your character, integrity meant doing the 337 00:19:01,880 --> 00:19:04,399 Speaker 1: right thing regardless of the consequences, not when it was 338 00:19:04,480 --> 00:19:07,360 Speaker 1: just politically palatable to do so. I mean it's filled 339 00:19:07,680 --> 00:19:12,359 Speaker 1: with juicy anecdotes that that that that people will really 340 00:19:12,440 --> 00:19:15,760 Speaker 1: I think, you know, have an opinion on. But what's 341 00:19:15,840 --> 00:19:19,840 Speaker 1: your overall takeaway? Guy of Secretary of former Secretary Madis 342 00:19:20,560 --> 00:19:23,600 Speaker 1: Secretary Madis Is is a patriot. There's no two ways 343 00:19:23,640 --> 00:19:25,359 Speaker 1: about that. When you look at a guy who spent 344 00:19:25,440 --> 00:19:27,920 Speaker 1: more than four decades of his life in the Marine Corps. 345 00:19:27,960 --> 00:19:30,240 Speaker 1: He was a four star general, he commanded one of 346 00:19:30,320 --> 00:19:33,359 Speaker 1: the largest areas of the world with US Central Commander. 347 00:19:33,400 --> 00:19:34,960 Speaker 1: Of course that's been a hot spot for a number 348 00:19:35,000 --> 00:19:36,840 Speaker 1: of years now, and then to come out of his 349 00:19:36,920 --> 00:19:39,679 Speaker 1: own retirement answer the call to once again serve as 350 00:19:39,680 --> 00:19:42,119 Speaker 1: a Secretary Defense, I think it's an incredibly honorable thing 351 00:19:42,200 --> 00:19:45,080 Speaker 1: to do. So, to your point about the juicy anecdotes 352 00:19:45,119 --> 00:19:46,280 Speaker 1: in the book, I would tell you there's a lot 353 00:19:46,320 --> 00:19:48,240 Speaker 1: of behind the scenes of what was really going on, 354 00:19:48,440 --> 00:19:50,760 Speaker 1: how we handled some of the chaos and just the 355 00:19:50,920 --> 00:19:53,920 Speaker 1: changes that were occurring rapidly in the administration. But more importantly, 356 00:19:53,960 --> 00:19:56,479 Speaker 1: it was that wanted to provide facts to the American 357 00:19:56,480 --> 00:19:58,520 Speaker 1: public and rapid and a compelling narrative. So it's something 358 00:19:58,520 --> 00:20:00,159 Speaker 1: people would want to pick up and read. Command uner 359 00:20:00,200 --> 00:20:04,520 Speaker 1: in chief Trump your thoughts, He is a tough act 360 00:20:04,600 --> 00:20:08,160 Speaker 1: to follow. If you you could be again, you could 361 00:20:08,160 --> 00:20:09,359 Speaker 1: be on the right side of the aisle of the 362 00:20:09,440 --> 00:20:14,160 Speaker 1: left side. I don't think that matters. It's very alarming 363 00:20:14,240 --> 00:20:16,040 Speaker 1: to me that as the commander in chief, that you 364 00:20:16,040 --> 00:20:18,800 Speaker 1: would routinely pull out your pistol from its holster and 365 00:20:18,800 --> 00:20:21,200 Speaker 1: shoot yourself on the foot. The fact that it's the 366 00:20:21,280 --> 00:20:25,640 Speaker 1: biggest illustration of him shooting himself in the foot from 367 00:20:25,680 --> 00:20:29,400 Speaker 1: your account. When you as the commander in chief, when 368 00:20:29,480 --> 00:20:32,240 Speaker 1: you lead the U. S. Government, you've got millions of 369 00:20:32,320 --> 00:20:35,040 Speaker 1: people who are all they're serving. You've got your cabinet 370 00:20:35,080 --> 00:20:39,040 Speaker 1: officials serving to try to enact your policy directives, and 371 00:20:39,280 --> 00:20:41,680 Speaker 1: you could. Of course, that takes weeks, sometimes months, even 372 00:20:41,720 --> 00:20:44,359 Speaker 1: a year to get everything lined up and ready to go. 373 00:20:44,520 --> 00:20:46,520 Speaker 1: You never want to blindside your partners. I lived in 374 00:20:46,600 --> 00:20:49,520 Speaker 1: Japan for six years. You don't want to blindside your 375 00:20:49,560 --> 00:20:52,680 Speaker 1: international allies are partners. You don't want to blindside the industry. 376 00:20:52,720 --> 00:20:54,159 Speaker 1: I mean, there's just so many reasons you want to 377 00:20:54,200 --> 00:20:56,159 Speaker 1: have that thing lined up to a t so to 378 00:20:56,240 --> 00:20:58,639 Speaker 1: suddenly have things in motion for three months and then 379 00:20:58,680 --> 00:21:01,600 Speaker 1: you tweet about something like the in this case, what 380 00:21:01,680 --> 00:21:03,200 Speaker 1: I'm referring to is in the book where I talk 381 00:21:03,200 --> 00:21:06,440 Speaker 1: about how president tweet it's going be. President Trump send 382 00:21:06,480 --> 00:21:09,880 Speaker 1: on a tweet about blocking transgender individuals from the military, 383 00:21:10,119 --> 00:21:14,040 Speaker 1: or withdrawing from military exercises with South Korea, or stepping 384 00:21:14,080 --> 00:21:16,639 Speaker 1: away from the Natal Alliance, all those were surprises. The 385 00:21:16,720 --> 00:21:19,320 Speaker 1: creation of a space force was a complete surprise. So 386 00:21:19,480 --> 00:21:21,800 Speaker 1: all these things blindside the Pentagon. And it's hard to 387 00:21:21,880 --> 00:21:24,800 Speaker 1: serve your boss when they're constantly catching off guard. So 388 00:21:25,000 --> 00:21:29,720 Speaker 1: the tweet, for example, there really hasn't or at least 389 00:21:29,800 --> 00:21:34,560 Speaker 1: the the the mechanism for when the president actually sends 390 00:21:34,680 --> 00:21:38,320 Speaker 1: a tweet has not really been fully examined nor explored, 391 00:21:38,359 --> 00:21:42,760 Speaker 1: and that process has been kept incredibly guarded. But and 392 00:21:42,880 --> 00:21:45,199 Speaker 1: we laugh about it. But but as you just listed 393 00:21:45,240 --> 00:21:47,920 Speaker 1: and rattled off all of those different examples, and I 394 00:21:47,960 --> 00:21:50,400 Speaker 1: can tell you that based upon my own reporting from 395 00:21:50,920 --> 00:21:55,520 Speaker 1: speaking with individuals who do work uh inside of the 396 00:21:55,560 --> 00:21:59,879 Speaker 1: administration at the various agencies, they are daily surprised uh 397 00:22:00,240 --> 00:22:05,639 Speaker 1: by by several of those tweets. So is there, I guess, 398 00:22:06,080 --> 00:22:08,680 Speaker 1: is a basic question. Is there a process in place 399 00:22:08,760 --> 00:22:12,000 Speaker 1: for when the president hits send or whatever tweet? On 400 00:22:12,200 --> 00:22:15,679 Speaker 1: on those policy decisions. It's variable, and that's the that's 401 00:22:15,720 --> 00:22:18,600 Speaker 1: the variable variable. It means that there are times where 402 00:22:18,720 --> 00:22:21,240 Speaker 1: so I have friends who are either previously or currently 403 00:22:21,359 --> 00:22:23,480 Speaker 1: in the communication shop at the White House. There are 404 00:22:23,560 --> 00:22:26,720 Speaker 1: times where the tweets will be masterfully constructed and some 405 00:22:26,960 --> 00:22:29,040 Speaker 1: staff are sending it out. There are times when President 406 00:22:29,080 --> 00:22:32,560 Speaker 1: Trump will send it out himself. The danger there, as 407 00:22:32,600 --> 00:22:34,840 Speaker 1: we just talked about, is that it requires a level 408 00:22:34,880 --> 00:22:37,480 Speaker 1: of discipline. You want to make sure again that that 409 00:22:37,560 --> 00:22:39,800 Speaker 1: you're not blind signing people. People want to do their 410 00:22:39,880 --> 00:22:42,200 Speaker 1: very best job for you, regardless of who's in that office. 411 00:22:42,240 --> 00:22:44,879 Speaker 1: You your public servant, and the best way to do 412 00:22:44,960 --> 00:22:47,240 Speaker 1: that is make sure things are coordinated and set up correctly. 413 00:22:47,440 --> 00:22:50,240 Speaker 1: The book is called Holding the Line Inside Trump's Pentagon 414 00:22:50,400 --> 00:22:54,320 Speaker 1: was Secretary Maddie. It's authored by Guy Snodgrass, the commander 415 00:22:54,359 --> 00:22:57,399 Speaker 1: and retired commander from the U. S. Navy. He was 416 00:22:57,520 --> 00:23:00,359 Speaker 1: the former chief speech writer and communications direct Your two 417 00:23:00,400 --> 00:23:02,800 Speaker 1: Secretary Madis Look, I mean, I gotta ask you this. 418 00:23:03,040 --> 00:23:05,639 Speaker 1: I mean, there are folks who defend the president and 419 00:23:05,720 --> 00:23:09,200 Speaker 1: who say, look, he's entitled as the commander in chief 420 00:23:09,320 --> 00:23:12,080 Speaker 1: to serve the way he wants to. He should have 421 00:23:12,440 --> 00:23:16,200 Speaker 1: folks surrounding him at the agencies who uh follow his 422 00:23:16,400 --> 00:23:20,240 Speaker 1: leadership style to them? You say what, I would tell 423 00:23:20,240 --> 00:23:22,399 Speaker 1: you this from my own experience. Granted I served on 424 00:23:22,440 --> 00:23:25,119 Speaker 1: a much lower level than President Trump or any of 425 00:23:25,240 --> 00:23:28,560 Speaker 1: course president or cabinet secretary. But from my time even 426 00:23:28,600 --> 00:23:30,719 Speaker 1: as a lieutenant, as a top gun instructor, or from 427 00:23:30,720 --> 00:23:32,840 Speaker 1: my time as a commanding officer of a fighter squadron 428 00:23:32,840 --> 00:23:35,720 Speaker 1: in Japan, you realize very quickly it's not about you. 429 00:23:36,280 --> 00:23:39,159 Speaker 1: It's about the people you serve, and so you need 430 00:23:39,240 --> 00:23:42,000 Speaker 1: to be reflective. You need to look inside and say, okay, well, 431 00:23:42,160 --> 00:23:44,040 Speaker 1: if that's the case, how do I do my job 432 00:23:44,119 --> 00:23:45,880 Speaker 1: the best so that I take care of everybody else? 433 00:23:45,920 --> 00:23:48,560 Speaker 1: It's not about me, it's about we. All Right, you 434 00:23:48,680 --> 00:23:52,240 Speaker 1: were you were a top gun correct, top gun instructor 435 00:23:52,600 --> 00:23:55,600 Speaker 1: back in the mid two thousand's. Uh, what's your favorite movie? 436 00:23:56,240 --> 00:23:58,680 Speaker 1: Is a Top Gun? You know, I've I've seen that 437 00:23:58,720 --> 00:24:00,280 Speaker 1: movie a couple of times. That's pretty good? Is it? 438 00:24:00,560 --> 00:24:02,960 Speaker 1: Is it like real? Do you think they did a 439 00:24:03,000 --> 00:24:05,120 Speaker 1: good job? Yeah? We actually play a lot more beach 440 00:24:05,200 --> 00:24:08,800 Speaker 1: volleyball than they do in the movie. All Right, stick around, 441 00:24:08,800 --> 00:24:10,119 Speaker 1: because I want to know what's on your radar, and 442 00:24:10,160 --> 00:24:13,040 Speaker 1: I actually want to dive into two other aspects of 443 00:24:13,119 --> 00:24:15,800 Speaker 1: the book with with what he said about Amazon is 444 00:24:16,200 --> 00:24:18,920 Speaker 1: wild and I can't wait to get your take on that. 445 00:24:19,160 --> 00:24:22,959 Speaker 1: A Guy Snodgrass stays panel is also here. I'm Kevin Cirelli, 446 00:24:23,040 --> 00:24:25,640 Speaker 1: Chief Washington correspondent from Bloomberg TV and Radio. You're listening 447 00:24:25,640 --> 00:24:35,120 Speaker 1: to Bloomberg. This is Bloomberg Sound On with Kevin Surley 448 00:24:35,440 --> 00:24:39,080 Speaker 1: on Bloomberg and one oh five point seven f m 449 00:24:39,200 --> 00:24:41,919 Speaker 1: h D two. The book is called Holding the Line 450 00:24:42,119 --> 00:24:46,000 Speaker 1: Inside Trump's Tentagon with Secretary Natis. It's authored by retired 451 00:24:46,119 --> 00:24:50,000 Speaker 1: US Navy commander guy On Snodgrass. He's here with me 452 00:24:50,280 --> 00:24:55,359 Speaker 1: in the Washington Bureau, also joined by Democratic strategist Adrian L. 453 00:24:55,480 --> 00:24:59,520 Speaker 1: Rod Republican strategist Matt Gorman. Thank you everybody for being here. 454 00:24:59,720 --> 00:25:02,120 Speaker 1: A I gotta finish up with what's in this book 455 00:25:02,160 --> 00:25:04,359 Speaker 1: because there's so much to get through, and I got 456 00:25:04,440 --> 00:25:06,359 Speaker 1: my hands on it two hours ago as I was 457 00:25:06,440 --> 00:25:09,920 Speaker 1: prepping for this skimming through it. What he what went 458 00:25:10,000 --> 00:25:13,080 Speaker 1: on with Amazon? I'm gonna let you tell because I 459 00:25:13,119 --> 00:25:15,200 Speaker 1: don't even know if we can say some of all 460 00:25:15,280 --> 00:25:19,880 Speaker 1: of the words. But the Jedi contract in particular, it's 461 00:25:19,920 --> 00:25:24,080 Speaker 1: a really fascinating anecdote I think into President Trump and 462 00:25:24,160 --> 00:25:27,280 Speaker 1: his relationship with former Secretary Maddis. Yeah, it's a very 463 00:25:27,680 --> 00:25:29,520 Speaker 1: kind of do me a favor and talk a little closer. 464 00:25:29,680 --> 00:25:32,280 Speaker 1: You bet, it's a little it's definitely a jarring line, right, 465 00:25:32,280 --> 00:25:34,000 Speaker 1: and I know a lot of people have really clamped 466 00:25:34,000 --> 00:25:35,679 Speaker 1: onto it. I would tell you before I answer your 467 00:25:35,720 --> 00:25:38,680 Speaker 1: question that it's a great way that Mattie served this 468 00:25:38,800 --> 00:25:42,560 Speaker 1: president where President Trump would react reflectively, he would ask 469 00:25:42,960 --> 00:25:45,320 Speaker 1: for the results he wants to see, but then Maddis 470 00:25:45,400 --> 00:25:47,520 Speaker 1: himself would find a way to do things ethically and 471 00:25:47,640 --> 00:25:49,840 Speaker 1: legally by the book. And that's exactly the anecdote that 472 00:25:49,960 --> 00:25:52,719 Speaker 1: I share with readers is we're in his office, it's 473 00:25:52,760 --> 00:25:54,680 Speaker 1: only about maybe eight to ten of us in the room, 474 00:25:55,119 --> 00:25:57,800 Speaker 1: and he shares with us that President Trump had called 475 00:25:57,840 --> 00:26:00,760 Speaker 1: over and directed him to screw Amazon and to block 476 00:26:00,840 --> 00:26:05,160 Speaker 1: them from the ten billion dollar Pentagon cloud contract that Amazon, 477 00:26:05,240 --> 00:26:07,760 Speaker 1: Microsoft and others have been for. And Mattis of course 478 00:26:07,840 --> 00:26:10,320 Speaker 1: turned to frankly the lawyers in the room and said, look, 479 00:26:10,320 --> 00:26:11,800 Speaker 1: we're not gonna do that. We're gonna do this legally 480 00:26:11,920 --> 00:26:14,560 Speaker 1: and ethically by the book. And then you've got Lockheed 481 00:26:14,640 --> 00:26:18,280 Speaker 1: Martin tell us about that so well, of course, Lucky Martin. 482 00:26:18,320 --> 00:26:20,000 Speaker 1: I mean it myself as a fighter pilot, right, I'm 483 00:26:20,000 --> 00:26:21,680 Speaker 1: the benefactor of a lot of their products. And you 484 00:26:21,720 --> 00:26:24,320 Speaker 1: look at the F thirty five, the Joint Strike Fighter. 485 00:26:24,359 --> 00:26:27,840 Speaker 1: It's been a large budget program for the Department of 486 00:26:27,880 --> 00:26:30,760 Speaker 1: Defense for several of the services for years now. And 487 00:26:31,720 --> 00:26:33,840 Speaker 1: in this case, it was just working with Deputy Secretary 488 00:26:33,880 --> 00:26:37,240 Speaker 1: Pat Shanahan at the time we provided the second time 489 00:26:37,280 --> 00:26:39,560 Speaker 1: that the President Trump came to the Pentagon. This is 490 00:26:39,800 --> 00:26:42,720 Speaker 1: in January of two thousand and eighteen. It was the 491 00:26:42,800 --> 00:26:45,920 Speaker 1: day before we released the two thousand eighteen National Defense Strategy, 492 00:26:46,400 --> 00:26:49,160 Speaker 1: and so we had an opportunity to brief President Trump 493 00:26:49,280 --> 00:26:51,480 Speaker 1: on the state of the F thirty five Joints Strike Fighter. 494 00:26:51,520 --> 00:26:52,960 Speaker 1: And in the book, I share a really good anecdote 495 00:26:53,000 --> 00:26:55,159 Speaker 1: where I thought he was savvy because he turned to 496 00:26:55,200 --> 00:26:57,200 Speaker 1: the President said, look, you're the Chief Procurement Officer of 497 00:26:57,200 --> 00:26:59,080 Speaker 1: the United States. This is the good work you've done. 498 00:26:59,400 --> 00:27:02,040 Speaker 1: And it was a rate line from Deputy Secretary. Did 499 00:27:02,080 --> 00:27:03,600 Speaker 1: you ever think you would have to do this to 500 00:27:03,640 --> 00:27:06,639 Speaker 1: publish a book like this? I mean, you've you've literally flown, 501 00:27:07,320 --> 00:27:09,440 Speaker 1: you've fought, you've served your country. Did you did you 502 00:27:09,520 --> 00:27:11,800 Speaker 1: ever envisioned that a that a book like this would 503 00:27:11,800 --> 00:27:13,680 Speaker 1: be in your career. No, not in a million years. 504 00:27:13,760 --> 00:27:15,520 Speaker 1: I mean, you know, if anything, I thought I'd write 505 00:27:15,520 --> 00:27:17,520 Speaker 1: a book about my experience as a fighter pilot or 506 00:27:17,560 --> 00:27:19,639 Speaker 1: time at top gun, the lessons I learned, how I 507 00:27:19,680 --> 00:27:21,520 Speaker 1: could relate that to business, you know, something like that. 508 00:27:21,720 --> 00:27:24,479 Speaker 1: And when you look back, I've got that book, make 509 00:27:24,560 --> 00:27:26,720 Speaker 1: your bed, Yeah that I love that, So I know, 510 00:27:26,800 --> 00:27:28,960 Speaker 1: Admiral mcgraven, it's a great it's a great book. And 511 00:27:29,000 --> 00:27:30,920 Speaker 1: I literally keep it next to my bed and it 512 00:27:30,960 --> 00:27:32,960 Speaker 1: reminds me to make my bed anyway, and you do 513 00:27:33,080 --> 00:27:34,960 Speaker 1: so right, I do, yeah my bed this morning because 514 00:27:35,000 --> 00:27:36,920 Speaker 1: I'm like, oh, that books there he's holding. You do 515 00:27:36,960 --> 00:27:39,159 Speaker 1: account great book. But but when you look behind the 516 00:27:39,240 --> 00:27:43,360 Speaker 1: scenes and you realize again it's about America's security. It's 517 00:27:43,359 --> 00:27:47,000 Speaker 1: about putting the country first and putting politics second. And 518 00:27:47,119 --> 00:27:49,600 Speaker 1: so when you think about the fact that, um, all 519 00:27:49,680 --> 00:27:51,680 Speaker 1: these things that are happening behind the scenes that are 520 00:27:52,160 --> 00:27:55,600 Speaker 1: threatening our alliances and partnerships. So there's threatening America standing 521 00:27:55,600 --> 00:27:57,720 Speaker 1: in the world. I just talked with an individual from 522 00:27:57,800 --> 00:27:59,960 Speaker 1: Israel earlier today, he was saying, Look, I mean America 523 00:28:00,200 --> 00:28:03,359 Speaker 1: is withdrawing from the Middle East, Russia's moving in, Oran's 524 00:28:03,400 --> 00:28:05,720 Speaker 1: moving in. What does this mean for America? Are you retrenching? 525 00:28:05,880 --> 00:28:08,200 Speaker 1: Can we trust you anymore? And that's a very damaging 526 00:28:08,240 --> 00:28:10,240 Speaker 1: thing and it takes years to rebuild that trust. Let 527 00:28:10,320 --> 00:28:11,800 Speaker 1: me ask you all right now, we're gonna switch the 528 00:28:11,880 --> 00:28:14,560 Speaker 1: segment that we do here. Guy, it's it's called What's 529 00:28:14,600 --> 00:28:17,560 Speaker 1: on your Radar? I want you to tell Ukraine has 530 00:28:17,600 --> 00:28:19,320 Speaker 1: been in the news so much so I'm actually gonna 531 00:28:19,320 --> 00:28:21,359 Speaker 1: put something on your radar. It's I guess I'm allowed 532 00:28:21,400 --> 00:28:23,680 Speaker 1: to do this for this segment. So Ukraine's on on 533 00:28:23,800 --> 00:28:25,800 Speaker 1: your radar? Tell us about Ukraine. It's been in the 534 00:28:25,840 --> 00:28:29,320 Speaker 1: news every single day with this impeachment inquiry. Uh, what's 535 00:28:29,359 --> 00:28:31,880 Speaker 1: on your radar as it relates to Ukraine, Well, think 536 00:28:31,920 --> 00:28:35,359 Speaker 1: about the tenuous position that Ukraine is in. You've got 537 00:28:35,480 --> 00:28:38,760 Speaker 1: the ongoing it's basically a hot war with Russia on 538 00:28:38,840 --> 00:28:41,120 Speaker 1: their eastern flank and the don Bass region. I've traveled, 539 00:28:41,240 --> 00:28:43,640 Speaker 1: so I wrote Secretary massive speech that he gave during 540 00:28:43,640 --> 00:28:46,200 Speaker 1: the Ukrainian Well, it was right before the Ukrainian Independence 541 00:28:46,280 --> 00:28:49,160 Speaker 1: Day with then President poor Shanko. I company him on 542 00:28:49,200 --> 00:28:51,960 Speaker 1: that trip. I mean you walk two blacks from excuse me, 543 00:28:52,080 --> 00:28:54,640 Speaker 1: two blocks from the parade side, and you can see 544 00:28:54,920 --> 00:28:57,160 Speaker 1: where some of the bullets will still flying as they 545 00:28:57,200 --> 00:28:59,240 Speaker 1: had had some of the contestant. And so every day 546 00:28:59,280 --> 00:29:01,440 Speaker 1: when we talk to the best or to Ukraine, every 547 00:29:01,520 --> 00:29:05,040 Speaker 1: day Ukrainians are dying on that front. And so it's 548 00:29:05,080 --> 00:29:07,880 Speaker 1: something that of course is incredibly significant. And now you 549 00:29:07,960 --> 00:29:10,520 Speaker 1: think about the fact that Congress voted through to give 550 00:29:10,960 --> 00:29:13,920 Speaker 1: lethal aid to the Ukrainians to support them and to 551 00:29:14,040 --> 00:29:16,480 Speaker 1: defend themselves, and for that to be held up allegedly 552 00:29:16,640 --> 00:29:19,960 Speaker 1: over a political for a political reason, is is a 553 00:29:20,080 --> 00:29:25,600 Speaker 1: very unfortunate course. Wow, alright, l Rod, what's on your radar? Um? 554 00:29:26,000 --> 00:29:32,200 Speaker 1: Can I say something that? Can I say something? It's 555 00:29:32,240 --> 00:29:34,680 Speaker 1: not political, it's not newsworthy, really, no, it has to 556 00:29:34,720 --> 00:29:38,360 Speaker 1: be newsworthy, do you. I'm I'm going to I'm going 557 00:29:38,400 --> 00:29:43,880 Speaker 1: to see Fleewood Mac on Sunday. Excited about that with 558 00:29:44,040 --> 00:29:46,200 Speaker 1: my friends from the Biden campaign. That's going to be 559 00:29:46,320 --> 00:29:48,680 Speaker 1: very exciting. It's one of their last shows in North America. 560 00:29:48,960 --> 00:29:51,280 Speaker 1: So that's not really newsworthy, but I think it's newsworthy. 561 00:29:51,440 --> 00:29:58,120 Speaker 1: I caught them in Madison Square Garden with Hillary Clinton, 562 00:29:58,240 --> 00:30:02,120 Speaker 1: so I'm seeing them one more time. What's your favorite song? 563 00:30:02,520 --> 00:30:05,400 Speaker 1: Also way to like brag God, I'm sorry, I just 564 00:30:05,400 --> 00:30:09,400 Speaker 1: don't want to talk about impeachment anymore. And Crane it 565 00:30:09,480 --> 00:30:12,000 Speaker 1: was really good. I just don't even think I can cover. 566 00:30:14,040 --> 00:30:18,560 Speaker 1: I really like Rhannon. Okay, um, you know you kind 567 00:30:18,560 --> 00:30:22,200 Speaker 1: of don't stop, never going back, never going back again. 568 00:30:22,400 --> 00:30:27,520 Speaker 1: A good one. Second hand news? All right, what's your whispering? Oh? 569 00:30:27,600 --> 00:30:31,959 Speaker 1: Good one? Um, well, do things great one? What's your 570 00:30:32,000 --> 00:30:34,520 Speaker 1: favorite song? Oh, my gosh, don't put me on a 571 00:30:34,560 --> 00:30:39,240 Speaker 1: spot like that. I'm more of a hold me. Okay, 572 00:30:39,280 --> 00:30:41,680 Speaker 1: what do you listen to? It's a wide ruddy You know. 573 00:30:41,760 --> 00:30:43,960 Speaker 1: That was the best part about being a fighter pilot 574 00:30:44,080 --> 00:30:46,560 Speaker 1: was that you had most of your pilots were usually 575 00:30:46,600 --> 00:30:49,360 Speaker 1: between the ages of twenty three to twenty six, so 576 00:30:49,440 --> 00:30:51,320 Speaker 1: I mean they would play everything from country music to 577 00:30:51,400 --> 00:30:53,520 Speaker 1: electronic dance music. I mean all sorts of stuff. So 578 00:30:53,560 --> 00:30:56,440 Speaker 1: you just you have some bops. Oh absolutely, all right? Cool, alright, 579 00:30:57,320 --> 00:31:01,360 Speaker 1: really quick, I'm checking see if any republic Akins vote 580 00:31:01,400 --> 00:31:04,360 Speaker 1: for the query tomorrow. Okay, well fine, I'm waiting to 581 00:31:04,400 --> 00:31:06,840 Speaker 1: see if any Republicans vote for the impeachment inquiry tomorrow. 582 00:31:07,120 --> 00:31:11,240 Speaker 1: Same because there's this huge vote. Uh there, Okay, Republicans 583 00:31:11,280 --> 00:31:14,000 Speaker 1: are starting to say that there's a witch hunt vote 584 00:31:14,040 --> 00:31:18,280 Speaker 1: on Halloween. I'm just going to leave that there. No. Uh. 585 00:31:18,480 --> 00:31:21,800 Speaker 1: And so I think that some of the most vulnerable Republicans, 586 00:31:21,840 --> 00:31:26,360 Speaker 1: whether it's John Cato, Brian Fitzpatrick or um Will Hurt 587 00:31:26,360 --> 00:31:28,480 Speaker 1: who already said he's retiring, I think they're gonna hold 588 00:31:28,480 --> 00:31:30,560 Speaker 1: the line. I think they're gonna vote no. One person. 589 00:31:30,640 --> 00:31:34,120 Speaker 1: As I was walking in today, Frances Rooney of Florida, UM, 590 00:31:34,240 --> 00:31:36,960 Speaker 1: he's also retiring. He said he wasn't sure how he 591 00:31:37,040 --> 00:31:39,680 Speaker 1: was going to vote. So even though he didn't commit 592 00:31:39,760 --> 00:31:45,200 Speaker 1: either way, more Republicans voting on That's the thing. And 593 00:31:45,200 --> 00:31:47,160 Speaker 1: that's what even Democrats can't answer that. Well, you know 594 00:31:47,240 --> 00:31:50,920 Speaker 1: that I can answer it. They're voting on the impeachment inquiry, 595 00:31:51,000 --> 00:31:52,800 Speaker 1: which by the way, is not a required vote, but 596 00:31:52,880 --> 00:31:55,560 Speaker 1: some of the tactical changes that they're making to the 597 00:31:55,640 --> 00:31:58,920 Speaker 1: process of impeachment is what they're voting on. I e. 598 00:31:59,080 --> 00:32:01,520 Speaker 1: How long can a wit testify? I E. How long 599 00:32:01,600 --> 00:32:05,400 Speaker 1: can somebody um question of witness? Democrats and Republicans there 600 00:32:05,400 --> 00:32:08,680 Speaker 1: are just some procedural rules that they want to change 601 00:32:08,800 --> 00:32:11,959 Speaker 1: as part of this vote um that are different from 602 00:32:11,960 --> 00:32:14,440 Speaker 1: the last time we went through this process with President Clinton. 603 00:32:14,760 --> 00:32:18,320 Speaker 1: All right, all right, what was your Halloween? Tomorrow? Right 604 00:32:18,440 --> 00:32:20,880 Speaker 1: tomorrow is Halloween. What was the best thing you ever 605 00:32:20,960 --> 00:32:23,840 Speaker 1: were for Halloween? Adrian I, I will tell you this 606 00:32:23,960 --> 00:32:26,760 Speaker 1: is I have this instantaneously down in third grade, my 607 00:32:26,880 --> 00:32:32,160 Speaker 1: parents if they would dress me up as Richard Nixon, 608 00:32:34,640 --> 00:32:38,280 Speaker 1: so mainly because they found a Richard Nixon mask on 609 00:32:38,480 --> 00:32:43,200 Speaker 1: sale and like sub costume store and they have Adrian 610 00:32:43,280 --> 00:32:48,160 Speaker 1: W can you please, I'll ask, I'll ask Georgia, my 611 00:32:48,320 --> 00:32:52,080 Speaker 1: mother has a photo. I wouldn't be in politics if 612 00:32:52,080 --> 00:32:54,280 Speaker 1: it wasn't for Halloween two thousand. I needed something to do. 613 00:32:54,480 --> 00:32:57,520 Speaker 1: Didn't like politics, so I on a whim chose George W. 614 00:32:57,720 --> 00:33:00,320 Speaker 1: Bush went down to the HQ and my own to 615 00:33:00,400 --> 00:33:05,080 Speaker 1: get a Pin Bush Cheney two thousand Pin. My friend's 616 00:33:05,120 --> 00:33:08,920 Speaker 1: grandmother was the chairwoman of the town committee, and that's 617 00:33:08,960 --> 00:33:10,680 Speaker 1: how I ended up in politics. She told me to 618 00:33:10,720 --> 00:33:12,320 Speaker 1: come back an election day. What a great show that 619 00:33:12,400 --> 00:33:14,120 Speaker 1: I had no idea that there was, that there was 620 00:33:14,160 --> 00:33:16,320 Speaker 1: a perfect stories that doesn't for me. Let's go nets 621 00:33:16,360 --> 00:33:18,200 Speaker 1: I'm Kevin Sirilli. You're listening to Bloomberg