1 00:00:00,320 --> 00:00:05,120 Speaker 1: Five from our nation's camera. How do we reopen this economy? 2 00:00:05,200 --> 00:00:08,320 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,440 --> 00:00:11,440 Speaker 1: does this do for the United States relationship with China? 4 00:00:11,600 --> 00:00:16,520 Speaker 1: Bloomberg Sound on the inside, the influencers, the insides. We're 5 00:00:16,560 --> 00:00:19,760 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:19,880 --> 00:00:23,400 Speaker 1: never before. We're looking at seveny Kennedys for different vactines. 7 00:00:23,480 --> 00:00:26,120 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,200 --> 00:00:30,280 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:30,360 --> 00:00:34,800 Speaker 1: Surrelate on Bloomberg and one oh five point seven m 10 00:00:34,960 --> 00:00:37,800 Speaker 1: h D two. The d n C is over. The 11 00:00:38,159 --> 00:00:41,400 Speaker 1: r n C is getting ready to begin a complete 12 00:00:41,920 --> 00:00:45,600 Speaker 1: preview and a look back. Plus markets soaring while the 13 00:00:45,680 --> 00:00:48,839 Speaker 1: middle class hurts. What's going on with the divide and 14 00:00:48,920 --> 00:00:51,520 Speaker 1: what does it mean for the chances of fiscal stimulus. 15 00:00:51,560 --> 00:00:56,639 Speaker 1: I'll take you also overseas to talk foreign policy. I'm 16 00:00:56,680 --> 00:00:58,640 Speaker 1: also going to talk a lot coming up in the 17 00:00:58,720 --> 00:01:00,360 Speaker 1: next hour and a half. We're going to touch on 18 00:01:00,440 --> 00:01:02,640 Speaker 1: the US Postal Service and that lewis to joy here 19 00:01:02,640 --> 00:01:04,720 Speaker 1: in that Nancy was just telling us about, because it 20 00:01:04,800 --> 00:01:08,360 Speaker 1: really did get fiery at some point and Jen Jacobs. 21 00:01:08,440 --> 00:01:10,360 Speaker 1: I was just saw at the White House before coming 22 00:01:10,440 --> 00:01:12,360 Speaker 1: over here to go on air. She was telling me 23 00:01:12,440 --> 00:01:16,600 Speaker 1: about her story today and the comments that President Trump made, 24 00:01:16,600 --> 00:01:18,960 Speaker 1: because in a speech on Friday, the President said that 25 00:01:19,040 --> 00:01:22,560 Speaker 1: mail and voting quote will be a tremendous embarrassment for 26 00:01:22,800 --> 00:01:25,720 Speaker 1: our country. It will go on forever and you will 27 00:01:25,760 --> 00:01:28,559 Speaker 1: never know who won. This is a very serious problem 28 00:01:28,880 --> 00:01:31,120 Speaker 1: and something has to be done about it. That's what 29 00:01:31,160 --> 00:01:35,280 Speaker 1: the President had to say. Five states have already held 30 00:01:35,360 --> 00:01:41,319 Speaker 1: elections almost entirely by mail, including Republican dominated Utah, without 31 00:01:41,440 --> 00:01:45,280 Speaker 1: serious episodes of fraud. So we got a lot to 32 00:01:45,360 --> 00:01:49,960 Speaker 1: talk about on that on that front. But uh, I 33 00:01:50,040 --> 00:01:52,800 Speaker 1: want to talk about some of the polls that are 34 00:01:52,800 --> 00:01:58,720 Speaker 1: friends over at the Morning Consults have been devouring crunching 35 00:01:58,760 --> 00:02:02,760 Speaker 1: the numbers on the state of the parties twenty. I 36 00:02:02,800 --> 00:02:05,760 Speaker 1: feel like we need the dune Dun music. Eli Yoakley 37 00:02:05,920 --> 00:02:09,120 Speaker 1: is back. He is a political reporter for the Morning Console. 38 00:02:09,240 --> 00:02:13,960 Speaker 1: How voters view the major party's competence has heartily changed 39 00:02:14,800 --> 00:02:18,400 Speaker 1: since two thousand and sixteen. You right, Eli, nearly four 40 00:02:18,520 --> 00:02:23,720 Speaker 1: years after Trump's election, voters remain slightly more likely to 41 00:02:23,880 --> 00:02:29,160 Speaker 1: deem Democrats capable of governing and tackling big issues. What 42 00:02:29,280 --> 00:02:33,880 Speaker 1: do you know, Hey, Kevin, Happy Friday. Thankfully I never 43 00:02:33,919 --> 00:02:37,920 Speaker 1: thought it would come, but go ahead. Well, we've been 44 00:02:37,960 --> 00:02:39,880 Speaker 1: doing say of the parties for the last four or 45 00:02:39,880 --> 00:02:42,440 Speaker 1: five years here Morning Councils, and we thought this would 46 00:02:42,440 --> 00:02:44,080 Speaker 1: be a pretty good time to look back at two 47 00:02:44,120 --> 00:02:46,560 Speaker 1: thousand and sixteen, at about this time and see if 48 00:02:46,600 --> 00:02:49,280 Speaker 1: anything has changed. And so much in our politics feels 49 00:02:49,919 --> 00:02:52,640 Speaker 1: quite a bit different from last time around. And whenever 50 00:02:52,680 --> 00:02:55,960 Speaker 1: we ask voters about these questions of competency about big 51 00:02:56,040 --> 00:02:59,000 Speaker 1: issues and keeping the country safe, is capable of governing 52 00:02:59,440 --> 00:03:03,200 Speaker 1: not much as change Um. Democrats have a slight advantage 53 00:03:03,240 --> 00:03:05,200 Speaker 1: on some of these, and these are kind of close UM. 54 00:03:05,280 --> 00:03:06,919 Speaker 1: So the biggest things that have changed in the last 55 00:03:06,960 --> 00:03:10,799 Speaker 1: four years is voters think these parties are more ideological, 56 00:03:11,320 --> 00:03:14,399 Speaker 1: but at the same time, driven by partisan voters, they're 57 00:03:14,440 --> 00:03:17,480 Speaker 1: okay with it. Um. This is a different time in 58 00:03:17,639 --> 00:03:19,639 Speaker 1: our politics, and as it's driving a lot of what's 59 00:03:19,639 --> 00:03:22,040 Speaker 1: happening I think in the president in the presidentsential race 60 00:03:22,200 --> 00:03:27,239 Speaker 1: right now. I thought what was interesting is how the 61 00:03:27,400 --> 00:03:33,240 Speaker 1: perception of the parties being more UM liberal and conservative skyrocketed, 62 00:03:33,520 --> 00:03:35,920 Speaker 1: not skyrot but I mean, the perception is that the 63 00:03:35,960 --> 00:03:38,640 Speaker 1: part that the that the Democrats have become more progressive 64 00:03:39,000 --> 00:03:42,280 Speaker 1: and that the Republicans have become more conservative. Can you 65 00:03:42,320 --> 00:03:46,680 Speaker 1: talk to that, Yeah, I mean, I think that is 66 00:03:46,760 --> 00:03:48,760 Speaker 1: explained a lot by the moment and politics were in. 67 00:03:48,880 --> 00:03:51,280 Speaker 1: I mean, we for the last four years, we've had 68 00:03:51,360 --> 00:03:55,960 Speaker 1: a pretty hardlined administration. UM, the Republican Party base has 69 00:03:56,200 --> 00:03:59,600 Speaker 1: shrunk and hardened on the conservative ends. While at the 70 00:03:59,640 --> 00:04:02,120 Speaker 1: same time time in the press we see a lot 71 00:04:02,160 --> 00:04:06,440 Speaker 1: about the progressives on TV, whether it be the aocs 72 00:04:06,480 --> 00:04:08,160 Speaker 1: of the World's who are not as well known by 73 00:04:08,160 --> 00:04:10,920 Speaker 1: the American public, or the Bernie Standers who really are 74 00:04:11,400 --> 00:04:13,960 Speaker 1: Some of that kind of played out on on TV 75 00:04:14,120 --> 00:04:16,640 Speaker 1: these last few nights with Democrats. Really I'm trying to 76 00:04:16,720 --> 00:04:21,360 Speaker 1: flex their marked moderate their moderate credentials during the during 77 00:04:21,400 --> 00:04:24,160 Speaker 1: the convention, and some of these progressive face is not 78 00:04:24,279 --> 00:04:27,960 Speaker 1: getting as much attention during that. UM. Look, this is 79 00:04:28,040 --> 00:04:30,640 Speaker 1: a big thing for Joe Biden over the next ten 80 00:04:31,040 --> 00:04:33,679 Speaker 1: weeks is being able to reach out to these voters 81 00:04:33,720 --> 00:04:35,440 Speaker 1: in the middle and sort of push back on this 82 00:04:35,640 --> 00:04:39,040 Speaker 1: notion that the party has has fallen to the left. UM. 83 00:04:39,120 --> 00:04:41,280 Speaker 1: That is what Donald Trump's campaign over the last few 84 00:04:41,320 --> 00:04:44,480 Speaker 1: weeks and into the next three months is going to 85 00:04:44,520 --> 00:04:46,360 Speaker 1: be spending a lot of time doing is that he 86 00:04:46,480 --> 00:04:49,160 Speaker 1: is a puppet of this Democratic Party that has has 87 00:04:49,200 --> 00:04:52,440 Speaker 1: swung leftward. Um, and you know, they spent a lot 88 00:04:52,440 --> 00:04:55,000 Speaker 1: of time on air. But the thing that I love 89 00:04:55,080 --> 00:04:58,720 Speaker 1: about this pole that I find fascinating and and you 90 00:04:58,839 --> 00:05:01,000 Speaker 1: just did a brilliant topy a Yoki. He's a political 91 00:05:01,040 --> 00:05:03,240 Speaker 1: reporter with the Morning Consule. He's really able to take 92 00:05:03,640 --> 00:05:05,719 Speaker 1: anyone can do a poll story, right, but but Eli 93 00:05:05,839 --> 00:05:09,040 Speaker 1: is able to tack it on and and apply it 94 00:05:09,279 --> 00:05:14,320 Speaker 1: to the conversation of the day, which is I think 95 00:05:14,400 --> 00:05:16,640 Speaker 1: what sets out you as well as the Morning Consul. 96 00:05:16,720 --> 00:05:20,160 Speaker 1: Because this this portion of the of the of the poll, 97 00:05:20,680 --> 00:05:23,800 Speaker 1: you've got share of voters who said that the parties 98 00:05:23,920 --> 00:05:28,520 Speaker 1: were going in the right direction. So for Democrats, they 99 00:05:28,880 --> 00:05:32,440 Speaker 1: the they went up seven points from four years ago 100 00:05:32,600 --> 00:05:35,480 Speaker 1: and they're up to about like seven and ten Democrats 101 00:05:35,520 --> 00:05:38,280 Speaker 1: think that their party is headed in the right direction. Okay, 102 00:05:38,680 --> 00:05:44,280 Speaker 1: the Republican Party, they're up twelve points. So Republicans increased 103 00:05:44,800 --> 00:05:49,719 Speaker 1: by twelve percentage points from six and now a third 104 00:05:49,960 --> 00:05:52,560 Speaker 1: of voters in the Republican Party think that their party 105 00:05:52,640 --> 00:05:56,479 Speaker 1: is headed in the in the right direction. That upward movement, 106 00:05:56,560 --> 00:06:00,240 Speaker 1: you right, was largely driven by a nearly their prety 107 00:06:00,360 --> 00:06:04,800 Speaker 1: point improvement wow among the party's own voters, who have 108 00:06:04,920 --> 00:06:08,280 Speaker 1: since aligned themselves with the president after some reluctance in 109 00:06:08,360 --> 00:06:11,960 Speaker 1: two thousand and sixteen. I think that's fascinating because I 110 00:06:12,160 --> 00:06:15,320 Speaker 1: really think it gets to this notion of quite honestly, 111 00:06:15,400 --> 00:06:18,440 Speaker 1: with the Beltway media sometimes misses the mark on which 112 00:06:18,560 --> 00:06:21,839 Speaker 1: is the Republican Party. The voters of the Republican Party 113 00:06:22,080 --> 00:06:26,320 Speaker 1: are very much behind this president. Oh, it's totally Donald 114 00:06:26,360 --> 00:06:29,720 Speaker 1: Trump's party at this point, there's nobody And if you 115 00:06:29,800 --> 00:06:32,480 Speaker 1: watch the half to interrupt, if you watch that convention, 116 00:06:32,560 --> 00:06:35,600 Speaker 1: that virtual Democratic National Convention, Joe Biden would like you 117 00:06:35,640 --> 00:06:37,599 Speaker 1: to believe that that's not the case. Whether it's Colin 118 00:06:37,640 --> 00:06:40,480 Speaker 1: Powell or John kay Sick. He'd like to to have 119 00:06:40,600 --> 00:06:43,320 Speaker 1: you think that those never Trumpers are maybe a lot 120 00:06:43,400 --> 00:06:47,600 Speaker 1: more influential than perhaps they are. Uh, you know, I 121 00:06:47,640 --> 00:06:50,840 Speaker 1: don't think that a lot of Republicans at this point 122 00:06:50,920 --> 00:06:53,080 Speaker 1: would think that the never Trumpers are that influential in 123 00:06:53,120 --> 00:06:56,960 Speaker 1: the Republican Party, just given given how much things have changed. 124 00:06:57,160 --> 00:07:00,080 Speaker 1: I mean, Donald Trump is the most popular Republican and 125 00:07:00,480 --> 00:07:02,920 Speaker 1: name um on the on the list. If you if 126 00:07:02,960 --> 00:07:05,680 Speaker 1: you test a bunch of different folks, Um, there's nobody closed, 127 00:07:05,760 --> 00:07:09,039 Speaker 1: not even my fence. Um. This is totally his party 128 00:07:09,080 --> 00:07:12,680 Speaker 1: now at this point, um And as he heads into reelection. 129 00:07:13,160 --> 00:07:15,480 Speaker 1: Um and and the never Trumpers really don't have a 130 00:07:15,880 --> 00:07:18,960 Speaker 1: place in it right now. That can that can change, right, 131 00:07:19,000 --> 00:07:21,920 Speaker 1: I mean, look, the Republican Party has changed quite a 132 00:07:22,000 --> 00:07:24,080 Speaker 1: bit in the last in the last three and a 133 00:07:24,080 --> 00:07:27,760 Speaker 1: half years up into six At this point, only four 134 00:07:27,800 --> 00:07:30,280 Speaker 1: and ten Republicans thought their party was in a good place. 135 00:07:30,360 --> 00:07:34,320 Speaker 1: Now it's um that that is a pretty dramatic change 136 00:07:34,640 --> 00:07:38,200 Speaker 1: under this president. Um And and it shows that Republican 137 00:07:38,280 --> 00:07:40,920 Speaker 1: voters have having in them to change how they view things. 138 00:07:43,040 --> 00:07:47,400 Speaker 1: Of Democrats now think that a Biden victory is likely, 139 00:07:48,600 --> 00:07:56,200 Speaker 1: but one of Republicans think that a Trump victory is likely. 140 00:07:56,280 --> 00:08:00,480 Speaker 1: Both sides think they're gonna win. Well, that is true. 141 00:08:00,560 --> 00:08:02,840 Speaker 1: And Democrats have gone up since we asked this question 142 00:08:02,920 --> 00:08:06,000 Speaker 1: back at Super Tuesday. They're gaining competence. But you know, 143 00:08:06,080 --> 00:08:09,120 Speaker 1: it's like classic it's that classics saying about Democrats always 144 00:08:09,120 --> 00:08:11,880 Speaker 1: being worried. Almost seven and ten Democrats say they're worried 145 00:08:12,000 --> 00:08:14,600 Speaker 1: right now about this election compared to forty six percent, 146 00:08:14,760 --> 00:08:17,160 Speaker 1: less than half. You say they're they're competent. Um, you 147 00:08:17,280 --> 00:08:19,760 Speaker 1: pretty get a big competence gap between the two parties 148 00:08:19,880 --> 00:08:23,000 Speaker 1: right now. UM, that that just goes that that there's 149 00:08:23,000 --> 00:08:25,560 Speaker 1: a lot of history in the Democratic Because we got 150 00:08:25,600 --> 00:08:27,960 Speaker 1: two minutes left. What was your favorite part of the election. 151 00:08:28,000 --> 00:08:30,040 Speaker 1: We're like two months out from the I'm gonna make 152 00:08:30,080 --> 00:08:33,280 Speaker 1: this joke a lot over the next couple of weeks 153 00:08:33,679 --> 00:08:35,960 Speaker 1: were like two months out from the election. Two plus months. 154 00:08:36,080 --> 00:08:39,800 Speaker 1: It's a whole Lori Laughlin sentence away from election day? 155 00:08:39,880 --> 00:08:41,880 Speaker 1: What's two months? Right, keV? Come on, buddy, pick got 156 00:08:41,920 --> 00:08:43,439 Speaker 1: the pace, you can do it. Got check, got check 157 00:08:43,480 --> 00:08:46,439 Speaker 1: cat focus, focus Kevin check in. What was your highlight 158 00:08:46,520 --> 00:08:50,599 Speaker 1: of the convention? Eli Yoakley? You know, I think that 159 00:08:50,760 --> 00:08:53,439 Speaker 1: the well, first of all, I gotta be honest, I 160 00:08:53,559 --> 00:08:57,280 Speaker 1: love the I didn't love the roll call um and 161 00:08:57,440 --> 00:09:01,280 Speaker 1: that great shot from downtown St. Louis Zouri. Uh was 162 00:09:01,320 --> 00:09:05,559 Speaker 1: pride of the pride of our state. UM voters favorite part? 163 00:09:05,640 --> 00:09:10,200 Speaker 1: But go ahead, I would say voters fare part. By 164 00:09:10,200 --> 00:09:11,880 Speaker 1: the way, as I tak it back to some pulling, 165 00:09:12,480 --> 00:09:15,079 Speaker 1: it was probably the Obama's. I mean, these two people, 166 00:09:15,679 --> 00:09:18,000 Speaker 1: Barack Obama and Michelle Obama, are some of the most 167 00:09:18,040 --> 00:09:22,360 Speaker 1: popular people in American politics right now. Get this, sixty 168 00:09:22,800 --> 00:09:25,760 Speaker 1: voters have favorable views of both of them, um compared 169 00:09:25,800 --> 00:09:28,880 Speaker 1: to forty six percent who viewed Joe Biden's favorably. They 170 00:09:28,920 --> 00:09:33,000 Speaker 1: were a big boost his his his campaign, and they 171 00:09:33,040 --> 00:09:35,959 Speaker 1: will be an asset over the next the next, the 172 00:09:36,080 --> 00:09:39,080 Speaker 1: next ten weeks as if this campaign plays out, even 173 00:09:39,160 --> 00:09:41,920 Speaker 1: if Joe Biden continues performances like he did last night 174 00:09:42,000 --> 00:09:46,000 Speaker 1: that were pretty widely plotted. I thought, just pure optics, 175 00:09:46,520 --> 00:09:48,760 Speaker 1: just I thought the shot at the end with the 176 00:09:48,840 --> 00:09:51,319 Speaker 1: cars in the parking lot of the fireworks, they should 177 00:09:51,320 --> 00:09:54,840 Speaker 1: have played that out all throughout the week, because I think, 178 00:09:54,880 --> 00:09:57,640 Speaker 1: if you're gonna have a television convention, you've gotta have shots, right, 179 00:09:57,920 --> 00:09:59,760 Speaker 1: I mean, you gotta have you gotta have the images. 180 00:09:59,840 --> 00:10:02,679 Speaker 1: And I thought they finally got it right at the 181 00:10:02,880 --> 00:10:05,079 Speaker 1: end for for the big speech. But that that was 182 00:10:05,200 --> 00:10:07,920 Speaker 1: really interesting to watch. It really captured I think the 183 00:10:08,040 --> 00:10:11,559 Speaker 1: dynamic of the of the social distancing moment. Eli, hang on, 184 00:10:12,200 --> 00:10:13,719 Speaker 1: we might be coming back to you, But thanks for 185 00:10:13,960 --> 00:10:20,199 Speaker 1: spending some time with keV On the Friday of halftime 186 00:10:20,320 --> 00:10:23,800 Speaker 1: between the conventions. Coming up more policy and politics. My 187 00:10:23,920 --> 00:10:26,360 Speaker 1: name is Kevin Sili'm Chief Washington corespondent for Bloomberg TV 188 00:10:26,520 --> 00:10:34,640 Speaker 1: and Radio. You're listening to Bloomberg. You're listening to Bloomberg 189 00:10:34,760 --> 00:10:38,840 Speaker 1: Sound On with Kevin Surley on Bloomberg and one oh 190 00:10:38,920 --> 00:10:41,760 Speaker 1: five point seven f M h D two. My name 191 00:10:41,960 --> 00:10:45,839 Speaker 1: is Kevin. It's really I'm the chief was Washing and 192 00:10:45,920 --> 00:10:49,800 Speaker 1: correspondent for Bloomberg Television and Bloomberg Radio, and in our 193 00:10:49,920 --> 00:10:54,000 Speaker 1: chat or video conference whenever we use UM. That's one 194 00:10:54,040 --> 00:10:57,199 Speaker 1: of the running jokes that they make fun of me 195 00:10:57,280 --> 00:10:58,880 Speaker 1: for is how I always come back from the break 196 00:10:58,920 --> 00:11:01,440 Speaker 1: saying that anyway, I don't love about that. It's Friday, folks. 197 00:11:01,480 --> 00:11:03,800 Speaker 1: We made it through one convention. We've got another one 198 00:11:03,920 --> 00:11:07,160 Speaker 1: to go, and I'm very, very grateful and filled with 199 00:11:07,280 --> 00:11:11,240 Speaker 1: gratitude and excited to welcome back to the program and experts. 200 00:11:11,480 --> 00:11:13,560 Speaker 1: Truly one of the best in town or I guess 201 00:11:13,640 --> 00:11:16,440 Speaker 1: virtual town. Is Washington going virtual? Now? Well, I ever 202 00:11:16,520 --> 00:11:21,160 Speaker 1: see anyone a good. Karen Finney, Democratic strategist and former 203 00:11:21,240 --> 00:11:25,679 Speaker 1: Clinton campaign spokes on mccaren, how are you hello? I'm good? 204 00:11:26,280 --> 00:11:28,360 Speaker 1: Were you there? Last night. Where were you last night? 205 00:11:28,360 --> 00:11:31,480 Speaker 1: Where did you watch the big speech? Of course, I 206 00:11:31,640 --> 00:11:38,079 Speaker 1: was quote unquote there. I watched it from my sofa, 207 00:11:38,200 --> 00:11:40,200 Speaker 1: I'll be honest where I've spent a lot of time 208 00:11:40,240 --> 00:11:44,240 Speaker 1: the last LUs between there and my home office. Um, 209 00:11:44,559 --> 00:11:47,000 Speaker 1: and I have to say, you know, I was just 210 00:11:47,280 --> 00:11:49,480 Speaker 1: say this like, I wasn't sure how it was going 211 00:11:49,520 --> 00:11:54,160 Speaker 1: to feel about a virtual convention. And you know, how 212 00:11:54,520 --> 00:11:57,000 Speaker 1: were you going to feel that same plug, you know, 213 00:11:57,320 --> 00:12:00,760 Speaker 1: on the heart strings that you can get, uh when 214 00:12:00,800 --> 00:12:03,200 Speaker 1: you're in the hall. And I really thought they did 215 00:12:03,240 --> 00:12:09,040 Speaker 1: a great job creating a very real experience with a 216 00:12:09,320 --> 00:12:13,160 Speaker 1: you know, reimagining a convention. Karen, I could not agree 217 00:12:13,160 --> 00:12:16,400 Speaker 1: with you more and especially for me, the highlight of 218 00:12:16,440 --> 00:12:18,360 Speaker 1: the convention. And I don't give opinion on what I 219 00:12:18,760 --> 00:12:22,080 Speaker 1: really really don't, but I think from an optic standpoint, 220 00:12:22,240 --> 00:12:28,120 Speaker 1: Brandon Harrington, if anyone saw this kid, this thirteen year 221 00:12:28,160 --> 00:12:31,640 Speaker 1: old kid, I mean, I don't care what party you're in, 222 00:12:31,920 --> 00:12:35,840 Speaker 1: just his it was. It was such a poignant moment. 223 00:12:36,000 --> 00:12:41,200 Speaker 1: It wasn't overplayed, it was subtle, It was so incredibly impactful. 224 00:12:41,360 --> 00:12:43,640 Speaker 1: Just and I mean he could have he could have 225 00:12:43,720 --> 00:12:46,520 Speaker 1: introduced I don't know, he could have introduced any politician, 226 00:12:46,600 --> 00:12:49,760 Speaker 1: but just Brandon Harrington. If you didn't see this video, 227 00:12:49,880 --> 00:12:52,400 Speaker 1: here was a thirteen year old kid who was in 228 00:12:52,480 --> 00:12:55,000 Speaker 1: his childhood bedroom and he has a stutter, and it 229 00:12:55,640 --> 00:13:00,640 Speaker 1: it did more to highlight and to humanize Joe Biden, honestly, 230 00:13:00,880 --> 00:13:03,160 Speaker 1: and this is my opinion, so I'm not saying it's fact. 231 00:13:03,520 --> 00:13:06,960 Speaker 1: It did more humanized Joe Biden than any other person, 232 00:13:07,280 --> 00:13:11,760 Speaker 1: anyone from past presidents to UH family members, because it 233 00:13:11,960 --> 00:13:15,679 Speaker 1: was it was some stranger and I thought it was incredibly, 234 00:13:15,880 --> 00:13:20,840 Speaker 1: incredibly impactful. Karen Oh, I couldn't agree more. I mean, 235 00:13:21,040 --> 00:13:23,920 Speaker 1: and also what a brave young man. I mean, when 236 00:13:24,000 --> 00:13:26,280 Speaker 1: I was thirteen, I don't have a stutter, and the 237 00:13:26,360 --> 00:13:29,240 Speaker 1: idea of speaking in front of my class would have 238 00:13:29,559 --> 00:13:34,040 Speaker 1: terrified me, let alone, you know, in front of the world. 239 00:13:34,679 --> 00:13:37,600 Speaker 1: And and and to know and just to watch him, 240 00:13:38,000 --> 00:13:39,719 Speaker 1: you know, he worked so hard through that and you 241 00:13:39,800 --> 00:13:41,679 Speaker 1: could tell you practice and you could see he had 242 00:13:41,679 --> 00:13:44,640 Speaker 1: it written out it. You're right, it was humanizing, but 243 00:13:44,760 --> 00:13:48,160 Speaker 1: you know it also I thought was it reminded us 244 00:13:48,720 --> 00:13:51,160 Speaker 1: um Well. Second of all, I'll just say for any 245 00:13:51,320 --> 00:13:55,040 Speaker 1: child who has any kind of you know, different learning ability, 246 00:13:55,440 --> 00:13:58,240 Speaker 1: for any child who's different or any child who's different 247 00:13:58,320 --> 00:14:01,640 Speaker 1: period and figuring that out of that's right, you matter 248 00:14:02,280 --> 00:14:04,760 Speaker 1: and look, I think it also sent a signal which 249 00:14:04,840 --> 00:14:08,080 Speaker 1: was a big theme of the convention, which is Joe Biden. 250 00:14:08,280 --> 00:14:09,880 Speaker 1: Whether you agree with this or not, I'm just telling 251 00:14:09,920 --> 00:14:12,120 Speaker 1: you what. I think. Part of the message was Joe 252 00:14:12,160 --> 00:14:16,400 Speaker 1: Biden sees you, he hears you, he understands, he cares, 253 00:14:16,600 --> 00:14:19,200 Speaker 1: and that that actually matters. And that was part of 254 00:14:19,240 --> 00:14:21,800 Speaker 1: the contrast um that was being set up. But in 255 00:14:22,000 --> 00:14:24,960 Speaker 1: terms of you know, character and empathy, we got hit 256 00:14:25,040 --> 00:14:27,200 Speaker 1: with empathy a lot, which was great, but you know, 257 00:14:27,280 --> 00:14:28,800 Speaker 1: there was a point which he was like, I got it, 258 00:14:28,880 --> 00:14:32,080 Speaker 1: I got it, but he so Brandon was just a 259 00:14:32,200 --> 00:14:36,120 Speaker 1: wonderful and to a week of no just I love 260 00:14:36,320 --> 00:14:39,480 Speaker 1: that having so many you know, quote unquote real people 261 00:14:40,000 --> 00:14:43,240 Speaker 1: tell their own stories um and either whether it was 262 00:14:43,280 --> 00:14:45,880 Speaker 1: an experience they had had with Joe Biden or just 263 00:14:46,280 --> 00:14:49,120 Speaker 1: you know, the issues that they are dealing with in 264 00:14:49,760 --> 00:14:53,840 Speaker 1: in Trump's economy and under Trump's presidency. I thought it 265 00:14:53,960 --> 00:14:56,440 Speaker 1: was very effective. And you and I both know at 266 00:14:56,480 --> 00:14:59,320 Speaker 1: a convention, you know in the hall where you kind 267 00:14:59,360 --> 00:15:01,520 Speaker 1: of sometimes you can hear part of what the speaker 268 00:15:01,640 --> 00:15:03,840 Speaker 1: is saying you can't always hear the whole thing, but 269 00:15:03,920 --> 00:15:06,840 Speaker 1: it was really an effective use of television as a medium. 270 00:15:07,000 --> 00:15:10,000 Speaker 1: Well that's okay, so I thought, I thought the most 271 00:15:10,080 --> 00:15:14,800 Speaker 1: effective form of the medium that where they utilized it masterfully. 272 00:15:14,920 --> 00:15:17,360 Speaker 1: And I'm I really am excited to see if the 273 00:15:17,440 --> 00:15:20,440 Speaker 1: Republicans follow this, because a as a as a media observers, 274 00:15:20,520 --> 00:15:22,400 Speaker 1: as an industry, as somebody who works in the industry, 275 00:15:22,680 --> 00:15:25,840 Speaker 1: I thought, when the fireworks played and the cars, I 276 00:15:25,840 --> 00:15:28,760 Speaker 1: don't know if anyone saw this after the speech, when uh, 277 00:15:28,920 --> 00:15:33,200 Speaker 1: when the nominee nominee biden um, and I'm so particular 278 00:15:33,240 --> 00:15:35,360 Speaker 1: about these titles and I've been like presumptive Democratic brother, 279 00:15:35,760 --> 00:15:38,920 Speaker 1: but um, when the Democratic nominee and his wife were 280 00:15:39,000 --> 00:15:41,920 Speaker 1: walking out to the fireworks and then they paid the 281 00:15:42,000 --> 00:15:44,800 Speaker 1: cameras pan to the cars and folks had their their 282 00:15:44,880 --> 00:15:48,320 Speaker 1: flashers on and um, and they were sticking their hands out, 283 00:15:48,560 --> 00:15:51,480 Speaker 1: I thought that that's the image Like that to me 284 00:15:52,280 --> 00:15:54,920 Speaker 1: as a viewer was the last thing image that I 285 00:15:55,040 --> 00:15:58,320 Speaker 1: will take away because it really captured the social distancing 286 00:15:58,720 --> 00:16:00,880 Speaker 1: that but it still had a was like a tailgate, 287 00:16:01,000 --> 00:16:03,760 Speaker 1: but like not really and you know what I mean though, 288 00:16:03,840 --> 00:16:07,040 Speaker 1: but it really, but it played well on television, Karen. 289 00:16:07,120 --> 00:16:08,800 Speaker 1: And if you know this, because you're one of the 290 00:16:08,880 --> 00:16:11,480 Speaker 1: best at this, you've got to have those images. And 291 00:16:11,560 --> 00:16:13,440 Speaker 1: I think there were some nights, and this isn't a 292 00:16:13,520 --> 00:16:15,240 Speaker 1: knock on them, but there were some nights where you 293 00:16:15,280 --> 00:16:16,680 Speaker 1: were like, all right, I feel like I'm on another 294 00:16:16,760 --> 00:16:18,720 Speaker 1: zoom call. That's going a little too long and I 295 00:16:19,320 --> 00:16:21,280 Speaker 1: don't want it to go on and on. But with that, 296 00:16:21,600 --> 00:16:23,800 Speaker 1: it was something to watch and I thought it was. 297 00:16:23,920 --> 00:16:25,480 Speaker 1: They couldn't have picked a better night because of the 298 00:16:25,480 --> 00:16:30,880 Speaker 1: speech and well and you know, obviously are presumptive vice 299 00:16:30,920 --> 00:16:34,560 Speaker 1: presidential or our vice presidential nominee, Kamala Harris and her husband, 300 00:16:34,560 --> 00:16:37,680 Speaker 1: and so you did kind of get that classic, you 301 00:16:37,760 --> 00:16:40,840 Speaker 1: know shot that we get we traditionally have when there's 302 00:16:40,880 --> 00:16:42,600 Speaker 1: the balloon drop at the end. So you had the 303 00:16:42,680 --> 00:16:45,400 Speaker 1: four of them on the stage and it was a 304 00:16:45,480 --> 00:16:47,760 Speaker 1: beautiful night, and I agree with you, and you know, 305 00:16:47,920 --> 00:16:51,400 Speaker 1: the the lights, um of the car lights and people 306 00:16:51,400 --> 00:16:53,640 Speaker 1: a lot of people have those big American flags they 307 00:16:53,680 --> 00:16:56,800 Speaker 1: were waving, and the and the fireworks. It was it 308 00:16:56,920 --> 00:16:58,880 Speaker 1: was beautiful and it was very moving. I mean it 309 00:16:59,000 --> 00:17:01,800 Speaker 1: really was. And you know, because one of the things 310 00:17:01,840 --> 00:17:04,240 Speaker 1: about the confetti and the balloon drop, right, is that 311 00:17:04,400 --> 00:17:07,040 Speaker 1: it's it's it's very charging, it's very you know, you 312 00:17:07,119 --> 00:17:09,879 Speaker 1: get a lot of energy out of that. And you're right, 313 00:17:09,920 --> 00:17:13,639 Speaker 1: it was an iconic moment um and if you and 314 00:17:13,720 --> 00:17:15,400 Speaker 1: it was one that even if you're watching at home, 315 00:17:15,480 --> 00:17:17,840 Speaker 1: I think you could feel. And you know, one of 316 00:17:17,920 --> 00:17:21,000 Speaker 1: the things I think is so important right now is 317 00:17:21,080 --> 00:17:23,880 Speaker 1: we need to feel good. People need things to feel 318 00:17:23,920 --> 00:17:27,680 Speaker 1: good about. And so I appreciated that that use of 319 00:17:28,520 --> 00:17:31,240 Speaker 1: you know, again the reimagining. But how do we bring 320 00:17:31,400 --> 00:17:34,320 Speaker 1: people into this experience when they're sitting in their homes. 321 00:17:34,920 --> 00:17:38,160 Speaker 1: When let's be honest, and this is not a partisan statement, 322 00:17:38,560 --> 00:17:41,240 Speaker 1: COVID has changed our lives forever, and it's these are 323 00:17:41,320 --> 00:17:44,840 Speaker 1: tough times and to have, you know, to see fireworks 324 00:17:44,920 --> 00:17:48,240 Speaker 1: and to see you know, smiling faces and people you 325 00:17:48,320 --> 00:17:50,560 Speaker 1: know saying, Okay, it's COVID. I'm gonna get in my 326 00:17:50,640 --> 00:17:53,480 Speaker 1: car and get out there. That was really exciting to see. 327 00:17:53,560 --> 00:17:57,320 Speaker 1: And I do hope the Republicans UH find out a 328 00:17:57,440 --> 00:18:00,200 Speaker 1: way to do that because these conventions are ultimate we 329 00:18:00,240 --> 00:18:03,359 Speaker 1: are about they're supposed to be about rallying the troops, 330 00:18:03,440 --> 00:18:05,399 Speaker 1: if you will, for this last big push towards the 331 00:18:05,440 --> 00:18:08,440 Speaker 1: election and celebrating democracy. Okay, good, Karen. I'm glad you're 332 00:18:08,480 --> 00:18:10,640 Speaker 1: lifting me up because I've been kind of hired today. 333 00:18:10,680 --> 00:18:13,120 Speaker 1: And I was thinking, because everyone all week is saying, oh, 334 00:18:13,240 --> 00:18:15,960 Speaker 1: the conventions are over, We're not gonna have them anymore, 335 00:18:16,359 --> 00:18:19,400 Speaker 1: boo boo, and I said, no, I missed the conventions. 336 00:18:19,520 --> 00:18:21,760 Speaker 1: I love the conventions. I think it's like a giant 337 00:18:21,840 --> 00:18:23,920 Speaker 1: fourth the July Party are in the minute or so 338 00:18:24,040 --> 00:18:26,400 Speaker 1: that we have left. What was one of the highlights 339 00:18:26,480 --> 00:18:28,639 Speaker 1: for you, maybe on policy? What was one of the 340 00:18:28,760 --> 00:18:31,080 Speaker 1: highlights for you of the past week, and what are 341 00:18:31,119 --> 00:18:35,480 Speaker 1: you looking for for next week? I would say the 342 00:18:36,119 --> 00:18:40,480 Speaker 1: very from a policy standpoint, I thought specifically talking about 343 00:18:40,560 --> 00:18:44,880 Speaker 1: gun safety UM was really powerful. You had different people 344 00:18:44,960 --> 00:18:47,960 Speaker 1: talking about it from different perspectives. You had the one 345 00:18:48,040 --> 00:18:52,280 Speaker 1: of the Parkland parents. You had a woman who's the 346 00:18:52,400 --> 00:18:55,920 Speaker 1: African American woman whose son's life was you know, essentially 347 00:18:56,040 --> 00:18:59,159 Speaker 1: changed forever, so her life as well by a straight 348 00:18:59,640 --> 00:19:02,760 Speaker 1: gun shot. I thought that was a particularly powerful UM 349 00:19:02,960 --> 00:19:05,159 Speaker 1: and I appreciate that That's the way they did a 350 00:19:05,320 --> 00:19:09,240 Speaker 1: number of the policy conversations was to use real people 351 00:19:09,359 --> 00:19:12,800 Speaker 1: talking about their very real lived experience. I think it's relatable. 352 00:19:13,160 --> 00:19:15,960 Speaker 1: I think again it brings people into the conversation. I 353 00:19:16,000 --> 00:19:18,760 Speaker 1: guess I'm looking for this week with the r n 354 00:19:18,840 --> 00:19:22,359 Speaker 1: C is um we. I know there's gonna be plenty 355 00:19:22,400 --> 00:19:25,080 Speaker 1: of red meat and attacks, but are you are they 356 00:19:25,119 --> 00:19:27,280 Speaker 1: going to be able to lay out a vision? In 357 00:19:27,359 --> 00:19:30,000 Speaker 1: addition to whatever critiques you have of Joe Biden and 358 00:19:30,119 --> 00:19:33,640 Speaker 1: Kamala Harris, what is Donald Trump's vision for the next 359 00:19:33,720 --> 00:19:37,040 Speaker 1: four years of his presidency? We will find out, we 360 00:19:37,280 --> 00:19:40,280 Speaker 1: will out. Karen Finny, thank you so much for making 361 00:19:40,359 --> 00:19:42,159 Speaker 1: time for me on a Friday. I really appreciate it. 362 00:19:42,240 --> 00:19:44,560 Speaker 1: She's literally one of the best in the bids democratic 363 00:19:44,600 --> 00:19:47,760 Speaker 1: strategist on a former Clinton campaign spokeswoman, Karen, come back 364 00:19:47,920 --> 00:19:50,280 Speaker 1: any time and enjoy your weekend. Get caught up on 365 00:19:50,440 --> 00:19:53,040 Speaker 1: that sleep. Much more policy and politics coming up next, 366 00:19:53,440 --> 00:20:03,879 Speaker 1: Kevin Cirelli, you're listening to Bloomberg five from Our Nation's 367 00:20:04,480 --> 00:20:08,239 Speaker 1: How Do We Reopen this Economy? The latest on how 368 00:20:08,359 --> 00:20:11,359 Speaker 1: this pandemic is impacting farmers. What does this do for 369 00:20:11,440 --> 00:20:16,320 Speaker 1: the United States relationship with China? Floomberg sound on the insiders, 370 00:20:16,520 --> 00:20:20,119 Speaker 1: the influencers, the insides. We're responding to this crisis, and 371 00:20:20,240 --> 00:20:23,520 Speaker 1: manufacturers are stepping up like never before. We're looking at 372 00:20:23,600 --> 00:20:26,600 Speaker 1: seventy Kennedys for different vaccines. How do we make sure 373 00:20:26,840 --> 00:20:30,240 Speaker 1: a pandemic of this scale never happens again? This is 374 00:20:30,320 --> 00:20:35,200 Speaker 1: Bloomberg Sound On with Kevin sur Relate on Bloomberg one 375 00:20:35,359 --> 00:20:37,399 Speaker 1: and one oh five point seven f m h D 376 00:20:37,520 --> 00:20:41,760 Speaker 1: two One down, one to go, a complete wrap up 377 00:20:42,040 --> 00:20:45,879 Speaker 1: and preview of the d n C and r n C, respectively, 378 00:20:46,119 --> 00:20:50,640 Speaker 1: plus US Postal Service Lewis to Joy on Capitol Hill. 379 00:20:50,720 --> 00:20:55,399 Speaker 1: It got intense. One convention is down, We have another 380 00:20:56,119 --> 00:20:58,960 Speaker 1: convention to go. Just think a week from today, both 381 00:20:59,040 --> 00:21:04,600 Speaker 1: conventions will have been completed, completed. My name is Kevin's 382 00:21:04,640 --> 00:21:07,159 Speaker 1: really on the chief Washington correspondent for Bloomberg TV and Radio. 383 00:21:07,800 --> 00:21:12,160 Speaker 1: Joining us for the hour. Roger Fisk, Democratic strategist, longtime 384 00:21:12,200 --> 00:21:15,720 Speaker 1: President Obama aid and principal of New Day Strategy, and 385 00:21:15,800 --> 00:21:19,640 Speaker 1: Matt Gorman, vice president at Targeted Victory and former NRCC 386 00:21:19,880 --> 00:21:24,680 Speaker 1: communications director. Roger all Right, you know I thought that 387 00:21:25,160 --> 00:21:28,000 Speaker 1: this it was. It was the perfect regardless of whether 388 00:21:28,080 --> 00:21:30,239 Speaker 1: or not you are a Republican or Democrat, last night 389 00:21:30,320 --> 00:21:33,440 Speaker 1: was the perfect peak of the d n C in 390 00:21:33,680 --> 00:21:36,080 Speaker 1: terms of just the pageantry, the images. I thought they 391 00:21:36,160 --> 00:21:39,440 Speaker 1: finally got it right in terms of playing to the 392 00:21:39,520 --> 00:21:43,639 Speaker 1: television medium with the fireworks, the cars, the flashing lights 393 00:21:43,680 --> 00:21:46,600 Speaker 1: and whatnot. And it was largely a centrist speech, I 394 00:21:46,640 --> 00:21:51,800 Speaker 1: thought thematically. He made a pitch to the suburb southwestern Pennsylvania, Flint, Michigan, 395 00:21:52,359 --> 00:21:58,360 Speaker 1: Young Sound, Ohio, obviously, Miami Dade down there in Florida. Um, 396 00:21:58,800 --> 00:22:00,560 Speaker 1: what do you think? Come on, give me your give 397 00:22:00,600 --> 00:22:02,840 Speaker 1: me your quick take, but you have it doesn't have 398 00:22:02,920 --> 00:22:07,159 Speaker 1: to be quick. Roger first, Kevin, thanks so much for 399 00:22:07,240 --> 00:22:09,359 Speaker 1: having me. And it's great to be helthetics. It's so 400 00:22:09,520 --> 00:22:11,639 Speaker 1: unusual that you would look at this through the prism 401 00:22:11,680 --> 00:22:14,359 Speaker 1: of of the Philadelphia suburbs. I don't know how you 402 00:22:14,400 --> 00:22:19,199 Speaker 1: always end up doing that somehow, because I'm very much homesick. 403 00:22:19,359 --> 00:22:21,679 Speaker 1: But go ahead, Well, be honest. You know they say 404 00:22:21,720 --> 00:22:24,479 Speaker 1: I'm not they say I'm not myself on air. Well 405 00:22:24,520 --> 00:22:26,760 Speaker 1: I'm being honest. I'm home. I mean I want to 406 00:22:26,800 --> 00:22:32,840 Speaker 1: go home, Okay, go ahead, kind of, go ahead. It's 407 00:22:32,840 --> 00:22:35,080 Speaker 1: been a long sick. I largely agree, and I agree 408 00:22:35,119 --> 00:22:37,280 Speaker 1: with a lot of what um Karen said as well. 409 00:22:37,320 --> 00:22:39,040 Speaker 1: I mean, first off, we don't have anything to compare 410 00:22:39,040 --> 00:22:40,800 Speaker 1: it to, right, so you can't say this is better 411 00:22:40,880 --> 00:22:43,560 Speaker 1: or worse than anything else. It's kind of the first 412 00:22:43,680 --> 00:22:46,280 Speaker 1: lap around the track for these things, you know. I 413 00:22:46,400 --> 00:22:49,240 Speaker 1: think the idea of it being fournits is probably a 414 00:22:49,320 --> 00:22:51,280 Speaker 1: little much. I think. I think in the future you 415 00:22:51,320 --> 00:22:54,119 Speaker 1: could get these things done in like three or something. 416 00:22:54,440 --> 00:22:57,879 Speaker 1: I think it was Hurricane Sanity dropped the day off 417 00:22:57,920 --> 00:23:00,600 Speaker 1: the Republican Convention. Maybe Matt could play find that for me. 418 00:23:00,920 --> 00:23:03,000 Speaker 1: But overall, I mean it toldly, it told the story, 419 00:23:03,200 --> 00:23:05,520 Speaker 1: it touched different parts of the country, and it's no 420 00:23:05,720 --> 00:23:10,240 Speaker 1: surprised that the former vice president's remarks were relatively centrist, because, 421 00:23:10,880 --> 00:23:13,600 Speaker 1: you know, despite the efforts to portray him otherwise. I mean, 422 00:23:13,680 --> 00:23:15,880 Speaker 1: that's pretty much where he is and where he's been 423 00:23:16,480 --> 00:23:20,119 Speaker 1: all along. So uh. I think I think they teed 424 00:23:20,160 --> 00:23:22,240 Speaker 1: it up nicely throughout the week. I think the way 425 00:23:22,320 --> 00:23:25,159 Speaker 1: that they kind of framed the sees and how they 426 00:23:25,320 --> 00:23:28,280 Speaker 1: used the people and the geography and the constituencies and 427 00:23:28,320 --> 00:23:32,160 Speaker 1: that kind of thing. Um. So overall, I went into 428 00:23:32,240 --> 00:23:33,920 Speaker 1: it kind of thinking this was going to be very 429 00:23:33,960 --> 00:23:37,639 Speaker 1: kind of clunky and kind of claustrophobic feeling, and I 430 00:23:37,720 --> 00:23:39,879 Speaker 1: think it got better also as the Knights went on. 431 00:23:40,000 --> 00:23:42,959 Speaker 1: So that's kind of my overall thoughts. All right mc gorman, 432 00:23:43,119 --> 00:23:47,840 Speaker 1: all right, what do Republicans learn from both thematically the 433 00:23:47,960 --> 00:23:56,480 Speaker 1: performances and also excuse me, bless me, A sneezing is 434 00:23:56,560 --> 00:23:58,919 Speaker 1: not a symptom of covid um for the record, um, 435 00:23:59,000 --> 00:24:03,479 Speaker 1: But what do they learn from heading into next week? Well, 436 00:24:03,560 --> 00:24:07,040 Speaker 1: first of all, that it can work with technical Look, 437 00:24:07,119 --> 00:24:09,439 Speaker 1: that's a that's a great point that you just made, uh, 438 00:24:09,520 --> 00:24:12,240 Speaker 1: in that it doesn't need to be boring. If you 439 00:24:12,320 --> 00:24:16,880 Speaker 1: have crisp quality technical work, you can make it work 440 00:24:16,920 --> 00:24:19,200 Speaker 1: to the best of your ability. Also visuals that you're 441 00:24:19,240 --> 00:24:23,159 Speaker 1: saying the fireworks, I missed the balloons. Fireworks, who I 442 00:24:23,200 --> 00:24:25,399 Speaker 1: guess have to do? What what are you gonna do? 443 00:24:25,920 --> 00:24:28,879 Speaker 1: But in terms of more political stuff, you can point 444 00:24:29,440 --> 00:24:32,879 Speaker 1: very clearly to what the theme was running through this 445 00:24:33,000 --> 00:24:35,680 Speaker 1: convention and how they were trying to sell Joe Biden. 446 00:24:36,040 --> 00:24:39,760 Speaker 1: They were talking about his compassion, his decency, um and 447 00:24:39,920 --> 00:24:44,040 Speaker 1: really in essence, his humanity. So that ran through in 448 00:24:44,119 --> 00:24:47,400 Speaker 1: all the speeches and culminated last night. He didn't say 449 00:24:47,440 --> 00:24:50,800 Speaker 1: the word Trump once last night, and during his speech, 450 00:24:51,040 --> 00:24:54,680 Speaker 1: not once, And I thought that was shocking. I I 451 00:24:54,800 --> 00:24:58,560 Speaker 1: didn't even realize at afterwards. But you know what they 452 00:24:58,600 --> 00:25:01,119 Speaker 1: need to recognize it or I mean, uh, they as 453 00:25:01,160 --> 00:25:06,400 Speaker 1: Republicans is they need to have a consistent theme that builds, 454 00:25:06,880 --> 00:25:10,320 Speaker 1: and it can't be about side issues. He needs to 455 00:25:10,400 --> 00:25:14,600 Speaker 1: focus on one of two things. Honestly, both the economic 456 00:25:14,680 --> 00:25:19,160 Speaker 1: priss were in tempers unemployment and the global pandemic. Everything 457 00:25:19,200 --> 00:25:23,240 Speaker 1: else is great. You can talk about it, but likely 458 00:25:23,359 --> 00:25:25,760 Speaker 1: voters will not be voting on it in large numbers. 459 00:25:26,280 --> 00:25:30,119 Speaker 1: You know, I think that's really really smart. Uh. And 460 00:25:30,240 --> 00:25:34,800 Speaker 1: I think that I especially in terms of the culture 461 00:25:34,880 --> 00:25:37,760 Speaker 1: war issues. And I thought Peggy noon In again, regardless 462 00:25:37,760 --> 00:25:39,200 Speaker 1: of whether or not you disagree with there, but Peggy 463 00:25:39,320 --> 00:25:42,359 Speaker 1: Unon nailed this in the Wall Street Journal earlier this 464 00:25:42,520 --> 00:25:46,359 Speaker 1: morning when she really laid out the way that Democrats 465 00:25:46,440 --> 00:25:49,199 Speaker 1: are viewing this election and the way that Republicans are 466 00:25:49,280 --> 00:25:52,480 Speaker 1: viewing this election. Now, she tends to lean more conservative, 467 00:25:52,480 --> 00:25:55,080 Speaker 1: and so she made the argument that the Republican prison 468 00:25:55,160 --> 00:25:58,879 Speaker 1: is more accurate. But I think the battle ground camps 469 00:25:59,000 --> 00:26:03,280 Speaker 1: of Democrat outs viewing this as the way that Joe 470 00:26:03,359 --> 00:26:07,000 Speaker 1: Biden described it last night, as as a light versus darkness, 471 00:26:07,200 --> 00:26:09,879 Speaker 1: and and this this fight for the soul of the country, 472 00:26:09,920 --> 00:26:14,399 Speaker 1: as Joe Biden frequently says, versus what the Republicans are 473 00:26:14,440 --> 00:26:17,840 Speaker 1: viewing this as, which is would just reopened the economy 474 00:26:17,880 --> 00:26:20,280 Speaker 1: and get my kids back to school. And I think 475 00:26:20,359 --> 00:26:23,640 Speaker 1: it's fascinating because I think we in the media sometimes 476 00:26:24,160 --> 00:26:26,240 Speaker 1: make it a little too simple because it is obviously 477 00:26:26,320 --> 00:26:29,080 Speaker 1: more nuanced. But that's the strategies that both campaigns are 478 00:26:29,080 --> 00:26:32,720 Speaker 1: really operating under. Just for a ratings check, Biden's speech 479 00:26:32,840 --> 00:26:35,800 Speaker 1: was watched by twenty one point eight million people on TV, 480 00:26:36,200 --> 00:26:40,639 Speaker 1: according to the initial figures from Nielsen. Um and uh 481 00:26:40,840 --> 00:26:42,960 Speaker 1: that was that that was the most rated speech of 482 00:26:43,240 --> 00:26:47,640 Speaker 1: the m of the week, but it was still down 483 00:26:47,960 --> 00:26:51,960 Speaker 1: a smaller audience in Hillary Clinton's in two thousand and sixteen. 484 00:26:52,920 --> 00:26:58,520 Speaker 1: Uh so it's it's uh, it took. It's a drop 485 00:26:59,000 --> 00:27:03,639 Speaker 1: from from clinton in speech at in them when she 486 00:27:03,720 --> 00:27:07,560 Speaker 1: accepted the nomination. For me, the highlight, I mean if if, 487 00:27:07,600 --> 00:27:09,760 Speaker 1: and I don't care if you're Republican or a Democrat. 488 00:27:09,920 --> 00:27:13,280 Speaker 1: Brandon Harrington, did you guys see him? The thirteen year 489 00:27:13,320 --> 00:27:17,720 Speaker 1: old kid who who? Did you guys see him? Yeah? 490 00:27:19,200 --> 00:27:21,720 Speaker 1: It was it was so incredibly powerful. He was speaking 491 00:27:21,800 --> 00:27:25,080 Speaker 1: from his bedroom and he has a stutter and he uh. 492 00:27:26,240 --> 00:27:28,719 Speaker 1: I thought it did more to humanize Joe Biden than 493 00:27:28,800 --> 00:27:30,920 Speaker 1: any one of his family members and any one of 494 00:27:31,240 --> 00:27:34,320 Speaker 1: the and than any other former president that spoke. I thought, 495 00:27:34,680 --> 00:27:37,240 Speaker 1: because it was someone who was a kid and and 496 00:27:37,520 --> 00:27:39,440 Speaker 1: it was just it was how do you watch that 497 00:27:39,560 --> 00:27:42,600 Speaker 1: and not feel any type of reaction? I mean, it 498 00:27:42,760 --> 00:27:46,560 Speaker 1: was that he was so incredibly moving, um and I 499 00:27:46,640 --> 00:27:48,520 Speaker 1: thought he was just a rock star. I mean, and 500 00:27:48,640 --> 00:27:52,280 Speaker 1: anyone just to watch that Brandon Harrington's thirteen year old. 501 00:27:52,280 --> 00:27:53,639 Speaker 1: If you didn't see it, make sure you go and 502 00:27:53,840 --> 00:27:56,440 Speaker 1: find it on social media again, even if you disagree 503 00:27:56,800 --> 00:27:59,119 Speaker 1: with the politics of it. Just what a moving, moving 504 00:27:59,200 --> 00:28:03,440 Speaker 1: moment Kevin. I mean, the fact that he was in 505 00:28:03,880 --> 00:28:06,479 Speaker 1: last night and got through it, practice and knowledge other 506 00:28:06,560 --> 00:28:09,360 Speaker 1: stuff that's going to change with the trajectory of his life, 507 00:28:09,480 --> 00:28:13,680 Speaker 1: I would imagine, and able to do and things like 508 00:28:13,760 --> 00:28:16,400 Speaker 1: that is just going to take off. And any kid 509 00:28:16,640 --> 00:28:18,560 Speaker 1: who knows what it's like to be different at that 510 00:28:18,680 --> 00:28:21,399 Speaker 1: age is is I mean that that was such a 511 00:28:21,560 --> 00:28:24,800 Speaker 1: moving act of courage on his part. And just think 512 00:28:24,840 --> 00:28:26,640 Speaker 1: of what kids are going through right now, not being 513 00:28:26,680 --> 00:28:28,680 Speaker 1: able to go back to school, all of the not 514 00:28:28,760 --> 00:28:30,680 Speaker 1: being able to see different. I mean really why it 515 00:28:30,840 --> 00:28:33,520 Speaker 1: was a really that to me was the most impactable 516 00:28:33,600 --> 00:28:36,640 Speaker 1: moment of the convention. Heartless Kevin surreally was sitting there 517 00:28:36,720 --> 00:28:39,400 Speaker 1: thinking get out the tissues. This is like that was 518 00:28:39,520 --> 00:28:42,640 Speaker 1: really moving. Coming up more policy and politics. Uh, and 519 00:28:42,680 --> 00:28:45,040 Speaker 1: we're gonna talk, of course about the US Postal Service 520 00:28:45,160 --> 00:28:49,360 Speaker 1: fiery virtual hearing up there on Capitol Hill with Louis 521 00:28:49,440 --> 00:28:52,280 Speaker 1: the Joy, the new name you have to know, the 522 00:28:52,360 --> 00:28:54,600 Speaker 1: head of the US Postal Service. Uh, and we are 523 00:28:54,640 --> 00:28:57,560 Speaker 1: going to cover that as well. Panel's gonna stay Guy 524 00:28:57,600 --> 00:28:59,760 Speaker 1: Snograss is gonna check into chap fur and policy with 525 00:28:59,840 --> 00:29:02,760 Speaker 1: me coming on up as well. I'm Kevin Serelli. You 526 00:29:02,800 --> 00:29:05,880 Speaker 1: can download the Bloomberg Sound on podcasts on Apple iTunes, 527 00:29:05,880 --> 00:29:08,680 Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business app. 528 00:29:08,720 --> 00:29:11,040 Speaker 1: You can also find us on Radio dot com, I 529 00:29:11,160 --> 00:29:15,600 Speaker 1: Heart Radio, and Spotify. My hats off to the David 530 00:29:15,640 --> 00:29:18,320 Speaker 1: Weston for the for leading the charge on our special 531 00:29:18,400 --> 00:29:20,760 Speaker 1: coverage all throughout the week on Bloomberg TV and cross 532 00:29:20,760 --> 00:29:24,600 Speaker 1: platform for the DEMS Convention and next week, same game 533 00:29:24,680 --> 00:29:29,880 Speaker 1: plan for the r NC. You're listening to Bloomberg this 534 00:29:30,400 --> 00:29:35,560 Speaker 1: is Bloomberg's Sound On with Kevin Surreley on Bloomberg and 535 00:29:35,680 --> 00:29:39,040 Speaker 1: One All five point seven m h D two. My 536 00:29:39,200 --> 00:29:42,320 Speaker 1: name is Kevin Crelli. I am the chief Washington correspondent 537 00:29:42,360 --> 00:29:46,760 Speaker 1: for Bloomberg Television and for Bloomberg Radio. It's Friday. We 538 00:29:46,880 --> 00:29:51,440 Speaker 1: are about halfway through the year twenty twenty, well a 539 00:29:51,480 --> 00:29:54,520 Speaker 1: little more than halfway through the year. Were about six 540 00:29:54,600 --> 00:29:59,160 Speaker 1: months into the COVID nineteen pandemic and joining me on 541 00:29:59,320 --> 00:30:02,400 Speaker 1: the line for the hour too All Stars, Political All Stars. 542 00:30:02,440 --> 00:30:05,120 Speaker 1: I'm filled with gratitude that they are with me. Roger Fisk, 543 00:30:05,160 --> 00:30:11,480 Speaker 1: Democratic strategist, Matt Gorman, a Republican strategist person individual insider 544 00:30:12,120 --> 00:30:15,400 Speaker 1: H Rogers also a Bruce Springsteen fan, and Matt Gorman 545 00:30:15,560 --> 00:30:18,520 Speaker 1: is also a reality television fan, which is pretty much 546 00:30:18,600 --> 00:30:22,360 Speaker 1: my split personality. So I appreciate both of them spending 547 00:30:22,400 --> 00:30:26,040 Speaker 1: time with me on this Friday afternoon. I do want 548 00:30:26,080 --> 00:30:28,360 Speaker 1: to get to the US Postal Service, but I was 549 00:30:28,400 --> 00:30:30,040 Speaker 1: thinking about this when I was prepping for the show. 550 00:30:30,360 --> 00:30:32,760 Speaker 1: Where did you think you were gonna be? Roger Fisk 551 00:30:32,920 --> 00:30:37,480 Speaker 1: in August? When it was January? Where did you think 552 00:30:37,520 --> 00:30:41,520 Speaker 1: your year was gonna take you? Uh? Normally by now, 553 00:30:41,600 --> 00:30:43,800 Speaker 1: I would imagine I would have been in the Midwest somewhere, 554 00:30:44,000 --> 00:30:48,560 Speaker 1: probably Ohio, Michigan, Iowa, something like that. I've been thinking 555 00:30:48,720 --> 00:30:50,760 Speaker 1: since I was director of special events for the for 556 00:30:50,840 --> 00:30:53,840 Speaker 1: the first Obama campaign. There's no one that has that 557 00:30:54,000 --> 00:30:56,400 Speaker 1: job right now because there are no special events. You know, 558 00:30:56,520 --> 00:30:59,120 Speaker 1: now that the convention's over, it's too bad. But I'm 559 00:30:59,120 --> 00:31:01,560 Speaker 1: a road warrior, hard what are we running around the 560 00:31:01,600 --> 00:31:05,200 Speaker 1: beautiful country? I know, I know, Nick Gorman, where did 561 00:31:05,240 --> 00:31:10,080 Speaker 1: you think you were going to be in January of 562 00:31:10,240 --> 00:31:12,959 Speaker 1: this year for August? Right now in January? Where did 563 00:31:12,960 --> 00:31:16,880 Speaker 1: you think August is gonna take you? For a thing 564 00:31:17,200 --> 00:31:21,920 Speaker 1: called gorm Stock? And that is a massive barbecue I 565 00:31:22,000 --> 00:31:29,280 Speaker 1: have with barbecue, with master amount of barbecue, grilling, desserts, camping, 566 00:31:29,600 --> 00:31:33,560 Speaker 1: even if you if you show desire beer, whatever you desire. 567 00:31:33,600 --> 00:31:36,360 Speaker 1: Where is this? Why was I never invited? Why? Why? 568 00:31:36,760 --> 00:31:41,240 Speaker 1: You know? This is very select, Kevin, very select. But 569 00:31:41,400 --> 00:31:44,360 Speaker 1: it's up in up in a family, my family's place 570 00:31:44,480 --> 00:31:49,480 Speaker 1: up in um the northeast. No, it's actually for friends, 571 00:31:49,520 --> 00:31:51,960 Speaker 1: but that we will have a lot. We have a 572 00:31:52,000 --> 00:31:53,960 Speaker 1: lot of we have a lot of space. But yeah, 573 00:31:54,040 --> 00:31:58,920 Speaker 1: gorm Stock was going to happen on the nine this month. Yeah, seven, 574 00:31:58,960 --> 00:32:00,800 Speaker 1: I've done the last five, so I don't know. Why 575 00:32:01,760 --> 00:32:08,880 Speaker 1: are you serious? Baroda got an invite and not keV. 576 00:32:10,000 --> 00:32:12,719 Speaker 1: You see what I deal? And see they they they 577 00:32:12,880 --> 00:32:15,200 Speaker 1: they they make they all want to get on air, 578 00:32:15,600 --> 00:32:17,840 Speaker 1: but then they don't invite you to gorm Stock. I 579 00:32:17,960 --> 00:32:21,440 Speaker 1: see where I stand that Gorman. Okay, okay, al right, 580 00:32:21,640 --> 00:32:23,560 Speaker 1: well you know what next time I make pizza? You're 581 00:32:23,600 --> 00:32:27,400 Speaker 1: not united. I'm just kidding. UM, let's talk about the 582 00:32:27,520 --> 00:32:30,520 Speaker 1: US Postal Service. Maybe maybe my invitation got lost in 583 00:32:30,600 --> 00:32:38,440 Speaker 1: the mail. All right, I owe such a lame joke. Okay? Uh? 584 00:32:38,640 --> 00:32:42,080 Speaker 1: President Trump and the US Postal Service. President Trump described 585 00:32:42,160 --> 00:32:45,560 Speaker 1: the nation as unready for the volume of mail in 586 00:32:45,800 --> 00:32:51,200 Speaker 1: ballots expected by November, but Postmaster General Louis to Joy 587 00:32:51,400 --> 00:32:54,120 Speaker 1: told senators and a hearing earlier today that the Postal 588 00:32:54,200 --> 00:32:57,200 Speaker 1: Service is prepared. The Joy said, quote, the American people 589 00:32:57,280 --> 00:33:00,920 Speaker 1: can feel comfortable that the Postal Service will deliver on 590 00:33:01,120 --> 00:33:04,120 Speaker 1: this election. And he said, and he went on, he 591 00:33:04,400 --> 00:33:06,760 Speaker 1: and Trump is saying, and he said this earlier today 592 00:33:07,200 --> 00:33:10,480 Speaker 1: that with um that states are rushing to expand mail 593 00:33:10,520 --> 00:33:16,400 Speaker 1: in voting and aren't adopting sufficient safeguards against fraud. Alright, 594 00:33:16,600 --> 00:33:19,360 Speaker 1: So you've got Joy saying one thing, Trump saying another. 595 00:33:20,080 --> 00:33:22,560 Speaker 1: Matt Gorman, you're a Republican, okay, So where is the 596 00:33:22,600 --> 00:33:24,920 Speaker 1: party on this? Because I also am reading you know, 597 00:33:25,040 --> 00:33:29,400 Speaker 1: the Journal and other places that that Republican states, a 598 00:33:29,480 --> 00:33:31,560 Speaker 1: lot of Republicans want this leader McConnell wants this in 599 00:33:31,640 --> 00:33:34,720 Speaker 1: Kentucky for example. So what is it? What gives the 600 00:33:34,800 --> 00:33:39,000 Speaker 1: party should be proe not talking about the postal service 601 00:33:39,280 --> 00:33:44,520 Speaker 1: in theory, right, like, because look, the postal service obviously, 602 00:33:44,600 --> 00:33:46,680 Speaker 1: like again, it needs to get the funding, it needs 603 00:33:46,720 --> 00:33:50,160 Speaker 1: to make sure that's prioritizing, you know, getting elections about that. 604 00:33:50,240 --> 00:33:53,160 Speaker 1: Every day we're talking about the postal service and we 605 00:33:53,280 --> 00:33:54,880 Speaker 1: need to get that problem solved. And so I'm not 606 00:33:54,960 --> 00:33:57,760 Speaker 1: I'm not saying that it shouldn't be every time. Every 607 00:33:57,840 --> 00:34:00,000 Speaker 1: day we're talking about this problem is a day where 608 00:34:00,000 --> 00:34:02,440 Speaker 1: not talking about how to reopen schools as you were saying, 609 00:34:02,480 --> 00:34:05,520 Speaker 1: or restart the economy as Peggy un what's saying, it's 610 00:34:05,520 --> 00:34:07,280 Speaker 1: another day how we're not talking about how to figure 611 00:34:07,280 --> 00:34:10,279 Speaker 1: out this pandemic. So it's really important, as I was 612 00:34:10,360 --> 00:34:13,640 Speaker 1: saying before, we are seventy four days or so out 613 00:34:14,360 --> 00:34:16,520 Speaker 1: early voting in North Carolina, which is gonna be a 614 00:34:16,640 --> 00:34:19,120 Speaker 1: very important state of the Senate and the House and 615 00:34:19,360 --> 00:34:23,200 Speaker 1: the president presidency start person get September. You don't have 616 00:34:23,360 --> 00:34:26,960 Speaker 1: time to waste, uh, you know, going down rabbit holes 617 00:34:27,680 --> 00:34:30,239 Speaker 1: when it comes to issues that you can solve or 618 00:34:30,320 --> 00:34:34,000 Speaker 1: should be solving a lot easier. So my my, my 619 00:34:34,160 --> 00:34:36,279 Speaker 1: point is we need to solve this posts problem. The 620 00:34:36,320 --> 00:34:38,520 Speaker 1: more we talk about it, the hardest going to be 621 00:34:38,800 --> 00:34:40,880 Speaker 1: almost too late to solve it. I mean, they should 622 00:34:40,880 --> 00:34:42,880 Speaker 1: be planning for elections two decades or I mean, they 623 00:34:42,880 --> 00:34:44,800 Speaker 1: got to do something. But I mean this should have 624 00:34:44,880 --> 00:34:48,239 Speaker 1: been talked about years ago, and and but I you know, 625 00:34:48,360 --> 00:34:52,399 Speaker 1: but it's it's a polarized topic. Roger Fist, Well, yeah, 626 00:34:52,440 --> 00:34:54,040 Speaker 1: I mean, and I agree with a lot of what 627 00:34:54,160 --> 00:34:57,480 Speaker 1: not just said in terms of communication kind of tactics. 628 00:34:58,520 --> 00:35:02,280 Speaker 1: Unfortunately for the Republicans, it all kind of orbits around 629 00:35:02,320 --> 00:35:05,560 Speaker 1: this core issue of kind of competency, which is, you know, 630 00:35:05,640 --> 00:35:08,160 Speaker 1: they're just going in so many different directions. You have 631 00:35:08,760 --> 00:35:10,560 Speaker 1: you know, the President is kind of peaking around the 632 00:35:10,640 --> 00:35:13,440 Speaker 1: grapes and and and kind of threatening that the postal 633 00:35:13,520 --> 00:35:15,840 Speaker 1: service will be pulled back a little bit. You have 634 00:35:15,960 --> 00:35:19,320 Speaker 1: his apparatrics running around saying that there are no changes. 635 00:35:19,440 --> 00:35:22,360 Speaker 1: You have the Postmaster General today saying the Senate a reportment, 636 00:35:22,680 --> 00:35:24,800 Speaker 1: you know, we all feel bad about this dip in 637 00:35:24,880 --> 00:35:28,160 Speaker 1: our service. So isn't as a postmaster is admitting that 638 00:35:28,239 --> 00:35:30,960 Speaker 1: there's a different service, that kind of obviates all the 639 00:35:31,040 --> 00:35:34,279 Speaker 1: other talking points about that there is no change um 640 00:35:34,800 --> 00:35:37,040 Speaker 1: and so I don't I don't think it replaced well 641 00:35:37,560 --> 00:35:40,600 Speaker 1: to max point its users of oxygen that they should 642 00:35:40,640 --> 00:35:43,400 Speaker 1: be using to you know, kind of go at some 643 00:35:43,520 --> 00:35:45,920 Speaker 1: of these major challenges that if they can't get their 644 00:35:46,000 --> 00:35:48,560 Speaker 1: arms around the economy and the and the and the 645 00:35:48,680 --> 00:35:52,880 Speaker 1: virus response, then really nothing else matters. And it just doesn't. 646 00:35:52,960 --> 00:35:55,799 Speaker 1: It doesn't look good for them when they're just going 647 00:35:55,880 --> 00:35:59,800 Speaker 1: in five different directions, four of which are easily proven 648 00:36:00,000 --> 00:36:03,040 Speaker 1: to be falls dishonest with like a thirty second Google third. 649 00:36:03,600 --> 00:36:08,960 Speaker 1: Senator Rick Scott, typically a Trump ally, added doubt to 650 00:36:09,239 --> 00:36:12,960 Speaker 1: the President's claim. He is a Florida Republican. He said, 651 00:36:13,040 --> 00:36:15,640 Speaker 1: quote in Florida, we've had mail by vote for a 652 00:36:15,719 --> 00:36:19,120 Speaker 1: long time and it's worked really well. So we're gonna 653 00:36:19,200 --> 00:36:21,319 Speaker 1: leave it there on the US Postal Service coming up next, 654 00:36:21,440 --> 00:36:23,880 Speaker 1: I pivo it's a foreign policy Guide. Snod Grass is 655 00:36:23,880 --> 00:36:28,720 Speaker 1: going to join the show. The panel stays Roger Fisk 656 00:36:29,080 --> 00:36:32,640 Speaker 1: and of course Matt Gorman. I'm also gonna ask Gorman 657 00:36:32,640 --> 00:36:35,000 Speaker 1: about this. Lori Laughlin sentence two months still in election? 658 00:36:35,080 --> 00:36:38,360 Speaker 1: Two months is about the same time it is with 659 00:36:38,520 --> 00:36:41,440 Speaker 1: Lori Laughlin and Becky got sentenced today in jail, but 660 00:36:41,719 --> 00:36:46,440 Speaker 1: Teresa Judais got eleven months. What gives um? Also that 661 00:36:46,560 --> 00:36:48,120 Speaker 1: question that I asked at the started a segment, ask 662 00:36:48,160 --> 00:36:50,080 Speaker 1: yourself that where did you think you were gonna be 663 00:36:50,440 --> 00:36:52,680 Speaker 1: in January? Where did you think August was gonna take you? 664 00:36:52,719 --> 00:36:54,880 Speaker 1: I've been thinking about that when it when it was January, 665 00:36:54,960 --> 00:36:56,880 Speaker 1: Where did I think I was going to be in August? 666 00:36:57,000 --> 00:37:01,200 Speaker 1: And not necessarily career wise, not necessary early locations? Where 667 00:37:01,239 --> 00:37:03,120 Speaker 1: did you think you were going to be? Mentally? Are 668 00:37:03,200 --> 00:37:05,960 Speaker 1: you there? There's still time left? I'm Kevin Sirelli. You're 669 00:37:06,000 --> 00:37:13,560 Speaker 1: listening to Bloomberg ninety nine one. This is Bloomberg's sound 670 00:37:13,640 --> 00:37:18,160 Speaker 1: on with Kevin Surreley on Bloomberg and one All five 671 00:37:18,200 --> 00:37:22,120 Speaker 1: point seven m HD two. I'm Kevin Sireli, Chief Fashton 672 00:37:22,200 --> 00:37:26,719 Speaker 1: correspondent for Bloomberg Television and for Bloomberg of Radio. I 673 00:37:26,760 --> 00:37:30,160 Speaker 1: want to talk now foreign policy and national security ramifications 674 00:37:30,280 --> 00:37:35,759 Speaker 1: of a Biden presidency, especially given that acceptance speech last night. 675 00:37:35,840 --> 00:37:39,360 Speaker 1: Guy Snodgrasses on the line. He is CEO of Defense Analytics. 676 00:37:39,440 --> 00:37:42,320 Speaker 1: He is the former director of Communications and chief speech 677 00:37:42,320 --> 00:37:45,239 Speaker 1: writer to Secretary of Defense James Madis. He is also 678 00:37:45,320 --> 00:37:48,560 Speaker 1: author of the book Holding the Line Inside Trump's Pentagon 679 00:37:48,920 --> 00:37:52,279 Speaker 1: with Secretary Madis and Guy, you have a new book 680 00:37:52,320 --> 00:37:54,919 Speaker 1: coming out. Plug it for me? And what is it about? 681 00:37:54,960 --> 00:37:58,920 Speaker 1: Where can people go pre order it? Kevin, You're the best? Yeah, 682 00:37:58,960 --> 00:38:00,560 Speaker 1: you're right. So I've got a new book coming out. 683 00:38:00,600 --> 00:38:04,240 Speaker 1: It's called Tough Guns, Top ten Leadership Lessons from the Cockpit. 684 00:38:04,680 --> 00:38:07,759 Speaker 1: It's coming out next month from Center Street, and I'm 685 00:38:07,760 --> 00:38:09,880 Speaker 1: super excited to get it out there. Basically, it wraps 686 00:38:09,960 --> 00:38:11,719 Speaker 1: up a couple of decades worth of a career in 687 00:38:11,719 --> 00:38:14,359 Speaker 1: the US military and more importantly, what I learned from 688 00:38:14,400 --> 00:38:16,439 Speaker 1: the people I was surrounded by, like the incredible talent 689 00:38:16,520 --> 00:38:18,399 Speaker 1: and men and women inside the uniform, so a chance 690 00:38:18,440 --> 00:38:20,640 Speaker 1: to tell their story for a change. I think you 691 00:38:20,760 --> 00:38:22,799 Speaker 1: just gave me an advanced things in the mail, right. 692 00:38:23,080 --> 00:38:25,920 Speaker 1: I'm gonna get it hopefully, and we cannot wait to 693 00:38:25,960 --> 00:38:28,200 Speaker 1: read this because one of my favorite books is Make 694 00:38:28,360 --> 00:38:33,040 Speaker 1: Your Bed, which is of course about it. It's incredible. 695 00:38:33,080 --> 00:38:36,080 Speaker 1: I've never interviewed him, and I would love to, but 696 00:38:36,280 --> 00:38:38,239 Speaker 1: this You and I have talked about this, and you've 697 00:38:38,239 --> 00:38:42,960 Speaker 1: actually been allowing me to have a peek into your, um, 698 00:38:44,160 --> 00:38:46,359 Speaker 1: your process as you've been writing this book, and it's 699 00:38:46,400 --> 00:38:48,279 Speaker 1: been really fascinating, and I know that you include a 700 00:38:48,280 --> 00:38:50,680 Speaker 1: lot of stoicism in it. But Make Your Bad by U. S. 701 00:38:50,760 --> 00:38:54,400 Speaker 1: Navy Admiral William mccraven. It's it's really one of my 702 00:38:54,440 --> 00:38:57,040 Speaker 1: favorite books, and I literally keep it on my nightstand. Um. 703 00:38:57,320 --> 00:38:59,120 Speaker 1: And that's why I can't wait to read this because 704 00:38:59,200 --> 00:39:04,520 Speaker 1: guy uh was literally it flies these playing. I mean, 705 00:39:04,560 --> 00:39:07,960 Speaker 1: he's your fighter pilot. You're the fighter pilot, so you're 706 00:39:08,000 --> 00:39:11,960 Speaker 1: able to to really talk about that. And one day 707 00:39:12,480 --> 00:39:13,920 Speaker 1: I know you're gonna take me up in the air 708 00:39:14,040 --> 00:39:17,279 Speaker 1: with you, and I cannot wait. Um, But it's going 709 00:39:17,320 --> 00:39:19,239 Speaker 1: to be fascinating to read this book and to read 710 00:39:19,239 --> 00:39:21,719 Speaker 1: all of those lessons it makes. I'll talk about it 711 00:39:21,800 --> 00:39:24,320 Speaker 1: more after I read it, but based upon the conversation 712 00:39:24,400 --> 00:39:26,239 Speaker 1: that we've had over the past a couple of months, 713 00:39:26,280 --> 00:39:28,400 Speaker 1: I'm very excited, truthfully to read this book, and I 714 00:39:28,480 --> 00:39:31,960 Speaker 1: read a lot of books that I'm not excited to read. Alright, guy, 715 00:39:32,440 --> 00:39:37,040 Speaker 1: what does what would Joe Biden presidency mean for a 716 00:39:37,840 --> 00:39:39,680 Speaker 1: for foreign policy? What'd you what'd you make after you 717 00:39:39,719 --> 00:39:43,359 Speaker 1: watch the convention? Yeah? So I think what I'm saying 718 00:39:43,400 --> 00:39:45,800 Speaker 1: so far and kind of foreign policy realm is this 719 00:39:45,920 --> 00:39:48,960 Speaker 1: week at least, it's all Biden all the time. Uh. 720 00:39:49,160 --> 00:39:52,360 Speaker 1: He gave an acceptance speech as he accepted the party's nomination, 721 00:39:52,520 --> 00:39:55,560 Speaker 1: which I think from what I've seen the reverberations around Washington, 722 00:39:55,680 --> 00:39:58,560 Speaker 1: d c. And now here in Dallas Fort Worth, was 723 00:39:58,600 --> 00:40:01,239 Speaker 1: that it was received very positively, and largely because some 724 00:40:01,400 --> 00:40:04,480 Speaker 1: of the concerns were what had been threatened by the 725 00:40:04,520 --> 00:40:07,640 Speaker 1: Trump administration that there might be a rollback. There were 726 00:40:08,000 --> 00:40:11,000 Speaker 1: was concerns because of sequestration and the Budget Control Act 727 00:40:11,360 --> 00:40:14,480 Speaker 1: that that caused some significant harm to military readiness. So 728 00:40:14,840 --> 00:40:18,040 Speaker 1: what would happen under a Biden administration? And you watched 729 00:40:18,239 --> 00:40:23,040 Speaker 1: as Vice President Biden sought to actively allay those fears. 730 00:40:23,080 --> 00:40:25,160 Speaker 1: He wanted to put the rest the concern that he's 731 00:40:25,200 --> 00:40:27,200 Speaker 1: somehow not a friend of the military, or that he 732 00:40:27,320 --> 00:40:29,799 Speaker 1: would abandon our allies and partners. In fact, he did 733 00:40:29,840 --> 00:40:32,640 Speaker 1: the opposite. He doubled down that he would look to 734 00:40:32,760 --> 00:40:37,360 Speaker 1: restore America's place in the world as a leader for democracy. 735 00:40:37,440 --> 00:40:39,359 Speaker 1: And I think that that's really what this gets down 736 00:40:39,400 --> 00:40:42,439 Speaker 1: to is simply, you've watched the last three nine years. 737 00:40:42,440 --> 00:40:43,960 Speaker 1: There's a lot of a lot of our long standing 738 00:40:43,960 --> 00:40:47,360 Speaker 1: allies and partners, the members of the NATO Alliance, Japan 739 00:40:47,560 --> 00:40:50,000 Speaker 1: and the South Korea and Australia and the Indo Pacific 740 00:40:50,640 --> 00:40:52,440 Speaker 1: nations around the world that we've long worked with, and 741 00:40:52,480 --> 00:40:54,680 Speaker 1: then scratching their heads saying what is going on with 742 00:40:54,800 --> 00:40:59,560 Speaker 1: America right now? So Biden sought to actively reassure those 743 00:40:59,640 --> 00:41:03,719 Speaker 1: nations that should his administration come into power in January, 744 00:41:04,120 --> 00:41:06,600 Speaker 1: that there will be a restoration of America in its 745 00:41:06,680 --> 00:41:10,720 Speaker 1: traditional leadership role in the international scene. Guy. But okay, 746 00:41:10,800 --> 00:41:14,319 Speaker 1: so you know, we get these the implications yesterday from 747 00:41:14,400 --> 00:41:17,279 Speaker 1: Secretary State Mike Pompeo, and Monday we're gonna have Brian 748 00:41:17,360 --> 00:41:19,320 Speaker 1: hook on. He's supposed to come on today, but we 749 00:41:19,400 --> 00:41:23,960 Speaker 1: had a scheduling conflict. But you know, when with Mike 750 00:41:24,000 --> 00:41:26,680 Speaker 1: Pompeo and and and and issuing the snap back sanctions 751 00:41:26,680 --> 00:41:30,279 Speaker 1: against Ron, the Ran nuclear disarmament deal, I gotta tell you, guys, 752 00:41:30,280 --> 00:41:32,439 Speaker 1: you look at the poll numbers on that, and it's 753 00:41:32,640 --> 00:41:37,200 Speaker 1: very divisive amongst the electorate, amongst Republicans and Democrats. And 754 00:41:37,320 --> 00:41:40,560 Speaker 1: so I hear, I hear the argument that you're making. 755 00:41:40,680 --> 00:41:46,080 Speaker 1: But I'm wondering if next week, when President Trump gets 756 00:41:46,160 --> 00:41:48,680 Speaker 1: up there and says that he's bringing troops home and 757 00:41:48,760 --> 00:41:51,120 Speaker 1: he's withdrawing from overseas, I mean that that plays well 758 00:41:51,160 --> 00:41:52,920 Speaker 1: to parts of the parts of the electorate. And then 759 00:41:52,920 --> 00:41:55,480 Speaker 1: when he starts ripping on the Iran deal, I don't know. 760 00:41:55,600 --> 00:41:57,840 Speaker 1: I think you know, and and and you've got the 761 00:41:58,040 --> 00:42:01,480 Speaker 1: U a E. Israel agreement from the other week, I 762 00:42:01,520 --> 00:42:02,960 Speaker 1: don't know. I mean, they do have they do have 763 00:42:03,080 --> 00:42:06,799 Speaker 1: items to talk about. Oh, there's no doubt, heaven. I mean, 764 00:42:06,880 --> 00:42:09,479 Speaker 1: the administration has made gains in a lot of sap areas, 765 00:42:09,520 --> 00:42:14,799 Speaker 1: and priests, don't misconstrue. I'm a fairly nonpartisan g Yeah, 766 00:42:14,840 --> 00:42:16,600 Speaker 1: but it's all of those things where you know, I'm 767 00:42:16,640 --> 00:42:20,960 Speaker 1: basically working to bring in some of the international perspectives. 768 00:42:21,280 --> 00:42:23,400 Speaker 1: As you mentioned right, as I worked with Secretary Maddis 769 00:42:23,480 --> 00:42:25,799 Speaker 1: for just shy of two years. We traveled the world, 770 00:42:25,920 --> 00:42:28,120 Speaker 1: We spoke with a lot of our international allies partners 771 00:42:28,160 --> 00:42:31,800 Speaker 1: specifically you know, their secretaries or ministers of defense, And 772 00:42:31,960 --> 00:42:34,560 Speaker 1: what you heard consistently from our allies and partners was 773 00:42:34,680 --> 00:42:37,759 Speaker 1: just sheer concerned that there was a lack of stability, 774 00:42:37,880 --> 00:42:40,200 Speaker 1: that that there was no way to know what America 775 00:42:40,280 --> 00:42:42,080 Speaker 1: was gonna do it any given moment, that a way 776 00:42:42,120 --> 00:42:45,360 Speaker 1: where tweek could could take a year's worth of planning 777 00:42:45,400 --> 00:42:47,720 Speaker 1: and turn it on its head and everyone's starting a scratch. 778 00:42:48,080 --> 00:42:50,920 Speaker 1: And the other piece of information that I received routinely 779 00:42:51,040 --> 00:42:53,520 Speaker 1: from our allies and partners was the concern, especially in 780 00:42:53,520 --> 00:42:56,440 Speaker 1: the Middle East and the End of Pacific, that when 781 00:42:56,520 --> 00:43:00,080 Speaker 1: America demonstrates that kind of instability, that we're not that 782 00:43:00,200 --> 00:43:03,880 Speaker 1: leadership role that opens the door for nations like China 783 00:43:03,960 --> 00:43:06,359 Speaker 1: in the End of Pacific, or nations like Russia even 784 00:43:06,440 --> 00:43:09,120 Speaker 1: in the Middle East, to fill what would be seen 785 00:43:09,160 --> 00:43:11,719 Speaker 1: as a vacuum um And so a lot of these 786 00:43:11,800 --> 00:43:14,959 Speaker 1: nations are looking to it's not curry favor, maybe cozy 787 00:43:15,040 --> 00:43:17,280 Speaker 1: up a little bit with nations that can offer security 788 00:43:17,320 --> 00:43:20,719 Speaker 1: and stability. And Russia used that opportunity in the Middle 789 00:43:20,719 --> 00:43:22,560 Speaker 1: East to say, well, look at what's happening with the 790 00:43:22,920 --> 00:43:25,360 Speaker 1: with the pull out from Syria, a lot of reversal, 791 00:43:25,440 --> 00:43:27,839 Speaker 1: and course we've been here for a long time, we'll 792 00:43:27,840 --> 00:43:29,359 Speaker 1: continue to be here for a long time, and we're 793 00:43:29,400 --> 00:43:32,080 Speaker 1: going to be incredibly stable. So you're right, there's a 794 00:43:32,120 --> 00:43:34,759 Speaker 1: lot of great accomplishments that this administration can hang their 795 00:43:34,760 --> 00:43:36,640 Speaker 1: head on. But I think there's also something to be 796 00:43:36,680 --> 00:43:41,320 Speaker 1: said for providing that stable force internationally, specifically with with 797 00:43:41,440 --> 00:43:43,960 Speaker 1: as it relates to the end the Pacific region. In 798 00:43:44,200 --> 00:43:49,160 Speaker 1: terms of China, Joe Biden is gonna get up there 799 00:43:49,160 --> 00:43:50,960 Speaker 1: and he's and he's going to say when I when 800 00:43:51,000 --> 00:43:52,600 Speaker 1: I talk to Democrats, what they tell me is that 801 00:43:52,719 --> 00:43:56,280 Speaker 1: he's going to say, essentially, because the US is weakened 802 00:43:56,280 --> 00:43:58,719 Speaker 1: in the world and there's not alliances, it's going to 803 00:43:58,840 --> 00:44:01,040 Speaker 1: make it more difficult or the US to try to 804 00:44:01,120 --> 00:44:05,840 Speaker 1: get u support from traditional Western allies to to to 805 00:44:06,040 --> 00:44:10,560 Speaker 1: kind of separate themselves from the efforts of China to 806 00:44:10,680 --> 00:44:15,160 Speaker 1: expand and make inroads economically, on from from from a 807 00:44:15,280 --> 00:44:19,319 Speaker 1: military military perspective, and of course on technology as well, 808 00:44:20,239 --> 00:44:24,560 Speaker 1: from the Trump perspective. They say that that unpredictability has 809 00:44:24,800 --> 00:44:26,920 Speaker 1: made it more difficult for trying to to figure out 810 00:44:26,960 --> 00:44:30,440 Speaker 1: where the United States is going, and that on on 811 00:44:30,640 --> 00:44:35,600 Speaker 1: policy and that that unpredictability has hindered their ability to grow, 812 00:44:36,280 --> 00:44:39,400 Speaker 1: and that the US has been somewhat successful, especially on 813 00:44:39,480 --> 00:44:43,400 Speaker 1: five G and trying to get Western allies to to 814 00:44:44,040 --> 00:44:48,200 Speaker 1: separate themselves from China. What do what, as someone who's 815 00:44:48,320 --> 00:44:51,960 Speaker 1: there the expert on these issues, how did those competing 816 00:44:52,080 --> 00:44:56,120 Speaker 1: ideologies match up with reality? Yeah? I think I'd take 817 00:44:56,120 --> 00:45:00,239 Speaker 1: it one stead say the real competing difference here is 818 00:45:00,360 --> 00:45:03,600 Speaker 1: the domestic messaging versus what's really occurring around the world. 819 00:45:03,960 --> 00:45:06,600 Speaker 1: Because you're right, the Biden camp has their set and 820 00:45:06,719 --> 00:45:09,919 Speaker 1: prepared talking points that they want to emphasize, which would 821 00:45:10,040 --> 00:45:12,680 Speaker 1: speak to diminish the current Trump administration. The Trump administration, 822 00:45:12,719 --> 00:45:14,760 Speaker 1: of course wants to wants to say, as you noted, 823 00:45:14,800 --> 00:45:18,440 Speaker 1: that the instability is actually a positive feature. It's not 824 00:45:18,520 --> 00:45:21,200 Speaker 1: a detriment for our our national policy and how we're 825 00:45:21,239 --> 00:45:24,080 Speaker 1: working with allies and partners. He could also say, for example, 826 00:45:24,160 --> 00:45:27,040 Speaker 1: you know, President Trump has continued the policy that President 827 00:45:27,040 --> 00:45:30,640 Speaker 1: Obama started where faith the administration has continued to ask 828 00:45:30,680 --> 00:45:33,480 Speaker 1: our NATO allies to contribute more to the alliance to 829 00:45:33,640 --> 00:45:36,600 Speaker 1: reach the Whales pledge of two percent spending on GDP 830 00:45:36,760 --> 00:45:39,520 Speaker 1: for the military to provide for their own defense. So 831 00:45:39,560 --> 00:45:41,920 Speaker 1: there are definitely things that this current administration can hang 832 00:45:41,960 --> 00:45:44,600 Speaker 1: their head on. I think the biggest concern for voters 833 00:45:44,719 --> 00:45:48,400 Speaker 1: is this just acknowledgement that when you message internally to 834 00:45:48,480 --> 00:45:51,400 Speaker 1: your own citizens, that's very different than just the realities 835 00:45:51,440 --> 00:45:53,400 Speaker 1: of what's happening around the world. I saw this firsthand. 836 00:45:53,440 --> 00:45:57,480 Speaker 1: I was stationed overseas as a fighter pilot in Japan twice, uh, 837 00:45:57,560 --> 00:45:59,960 Speaker 1: and I was you know, and you watch what you're 838 00:46:00,480 --> 00:46:03,560 Speaker 1: seeing on Fox News or CNN or MSNBC or Bloomberg, 839 00:46:03,840 --> 00:46:06,399 Speaker 1: and then you're actually flying the missions overseas, you're working 840 00:46:06,440 --> 00:46:09,600 Speaker 1: with your Japanese partners, and those two things don't necessarily 841 00:46:09,719 --> 00:46:13,520 Speaker 1: line up. And so that's that's the only cautionary advice 842 00:46:13,560 --> 00:46:15,919 Speaker 1: I'd give is just realize that it is an election season. 843 00:46:15,920 --> 00:46:18,880 Speaker 1: There should be heightened political rhetoric. That's to be expected. 844 00:46:19,239 --> 00:46:21,920 Speaker 1: I think what really matters is how your allies and 845 00:46:22,000 --> 00:46:25,719 Speaker 1: partners and your potential adversaries are approaching America right now. 846 00:46:25,880 --> 00:46:27,560 Speaker 1: And what I can tell you is that our that 847 00:46:27,680 --> 00:46:29,960 Speaker 1: our adversaries, or at least nations that want to compete 848 00:46:30,000 --> 00:46:33,239 Speaker 1: actively with us, they enjoy what they're seeing because they 849 00:46:33,280 --> 00:46:36,839 Speaker 1: can exploit the kind of the gap that's been left 850 00:46:36,880 --> 00:46:39,000 Speaker 1: by America right now, and our allies and partners are 851 00:46:39,000 --> 00:46:41,840 Speaker 1: a little bit concerned because they are not used to 852 00:46:41,920 --> 00:46:45,640 Speaker 1: seeing America operate this way. Guys, not stick around because 853 00:46:45,680 --> 00:46:47,120 Speaker 1: I want to get what's on your radar after the 854 00:46:47,200 --> 00:46:49,319 Speaker 1: jump with the panels to stick around for me, Guys. 855 00:46:49,400 --> 00:46:51,600 Speaker 1: Not Grass the CEO of Defense Analytics, and he's the 856 00:46:51,640 --> 00:46:54,520 Speaker 1: former director of Communications and chief speech writer to now 857 00:46:54,640 --> 00:46:59,000 Speaker 1: former Defense Secretary James Maddis. I'm Kevin Cirelli, Chief Fashton 858 00:46:59,040 --> 00:47:02,239 Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. Coming up, 859 00:47:02,480 --> 00:47:05,000 Speaker 1: What's on the panel's radar, the policy, the politics, and 860 00:47:05,120 --> 00:47:08,239 Speaker 1: the personalities. Download the Boomberg's On On podcast on Appleichiams 861 00:47:08,239 --> 00:47:10,480 Speaker 1: on Bloomberg dot com, or by downloading the Bloomberg Business app. 862 00:47:10,520 --> 00:47:12,200 Speaker 1: You can also find me on Radio dot Com, I 863 00:47:12,280 --> 00:47:16,000 Speaker 1: Heart Radio and Spotify or coming up next on Bloomberg. 864 00:47:27,920 --> 00:47:30,680 Speaker 1: Anybody else remember this song. I'm Kevin Sirelli, Cheap Washington 865 00:47:30,719 --> 00:47:35,959 Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. That's gonna 866 00:47:35,960 --> 00:47:37,759 Speaker 1: be stuck in my head all week. All right, it's 867 00:47:37,800 --> 00:47:39,719 Speaker 1: time now for my favorite part of the show on 868 00:47:39,880 --> 00:47:42,920 Speaker 1: this Friday of halftime, calling it halftime because we've got 869 00:47:42,960 --> 00:47:45,480 Speaker 1: one convention down, one to go. Roger Fiske is with 870 00:47:45,560 --> 00:47:48,480 Speaker 1: US Democratic strategist, a long time President Obama aid and 871 00:47:48,520 --> 00:47:51,920 Speaker 1: principle of New Day Strategy. Matt Gorman, vice president at 872 00:47:51,960 --> 00:47:56,839 Speaker 1: Targeted Victory and former NRCC communications director. And Guy Snodgrass, 873 00:47:56,920 --> 00:48:00,320 Speaker 1: CEO of Defense Analytics, former director of Community Aations and 874 00:48:00,400 --> 00:48:04,000 Speaker 1: chief speech writer to Secretary of Defense James Maddis. He's 875 00:48:04,040 --> 00:48:06,239 Speaker 1: also got this great book before his new one comes out, 876 00:48:06,640 --> 00:48:11,000 Speaker 1: holding the line inside Trump's Pentagon with Secretary Maddis. All right, guy, 877 00:48:11,960 --> 00:48:15,360 Speaker 1: what's on your radar? All right, So I've got a 878 00:48:15,440 --> 00:48:17,040 Speaker 1: fun one, and I think this is in keeping with 879 00:48:17,120 --> 00:48:20,399 Speaker 1: my national security background. That is yesterday, there's a group 880 00:48:20,440 --> 00:48:24,160 Speaker 1: called DARPA, right, it's the Defense Advanced Projects Research Agency. 881 00:48:24,200 --> 00:48:26,360 Speaker 1: They're the ones who are looking decades into the future 882 00:48:26,480 --> 00:48:29,520 Speaker 1: and going after the cutting edge technology. And they put 883 00:48:29,600 --> 00:48:32,360 Speaker 1: on a pretty big show. It was called the Alpha 884 00:48:32,920 --> 00:48:35,600 Speaker 1: Dog Fight Trials. And so what this was was a 885 00:48:35,719 --> 00:48:38,239 Speaker 1: one one year long program. They brought in a lot 886 00:48:38,320 --> 00:48:41,480 Speaker 1: of different engineers, eight different companies, and they competed in 887 00:48:41,760 --> 00:48:46,160 Speaker 1: AI algorithm to create basically the ultimate Dog fighting machine 888 00:48:46,280 --> 00:48:49,120 Speaker 1: for fighter pilots, and they played yesterday. They had a 889 00:48:49,840 --> 00:48:53,760 Speaker 1: flyoff between the artificial intelligence and a Air Force trained 890 00:48:53,840 --> 00:48:58,959 Speaker 1: weapons school instructor, and ultimately the AI prevailed five to zero. 891 00:48:59,280 --> 00:49:04,839 Speaker 1: That's not that's terrifying. AI beat the military. Hey if 892 00:49:05,000 --> 00:49:08,319 Speaker 1: if it's on our side, it's good news. Okay, wait, okay, wait. 893 00:49:08,400 --> 00:49:11,680 Speaker 1: So I'm intrigued so many the journal I have a 894 00:49:11,719 --> 00:49:15,280 Speaker 1: lot of questions, So talk to me. There's an AI 895 00:49:15,480 --> 00:49:19,440 Speaker 1: system that flew a fighter jet and beat a guy 896 00:49:19,560 --> 00:49:23,840 Speaker 1: flying a fighter jet. Hey, don't, don't, don't hit the 897 00:49:24,000 --> 00:49:27,880 Speaker 1: hollow paper mache, you know, Kenyata. This was a computer simulation. 898 00:49:28,000 --> 00:49:31,160 Speaker 1: What they did was they took the artificial intelligence algorithms, 899 00:49:31,200 --> 00:49:34,239 Speaker 1: they trained them over the course of time and to 900 00:49:34,480 --> 00:49:36,560 Speaker 1: them basically how to do dog fighting. Then they bring 901 00:49:36,600 --> 00:49:39,880 Speaker 1: in an Air Force instructor and put on virtual reality 902 00:49:39,920 --> 00:49:42,279 Speaker 1: goggles to get him his controls, and they basically go 903 00:49:42,400 --> 00:49:43,960 Speaker 1: head to head with each other, and you just hit 904 00:49:44,040 --> 00:49:47,480 Speaker 1: on the critical aspect. This was a simulated environment. The 905 00:49:47,600 --> 00:49:50,000 Speaker 1: AI algorithm had perfect knowledge of what was going on 906 00:49:50,120 --> 00:49:52,719 Speaker 1: around it, whereas the pilot in this case had to 907 00:49:52,920 --> 00:49:56,040 Speaker 1: actually now kind of work within the artificial constraints in 908 00:49:56,080 --> 00:49:58,520 Speaker 1: the simulated world. So no, we're not quite there yet. 909 00:49:58,560 --> 00:50:02,120 Speaker 1: We're probably years away from having a actual aircraft that's 910 00:50:02,160 --> 00:50:06,200 Speaker 1: fully autonomous, but this was definitely one big milestone step 911 00:50:06,440 --> 00:50:09,800 Speaker 1: towards that eventual future. That's remarkable. I just learned something 912 00:50:09,960 --> 00:50:12,080 Speaker 1: through through that. Thank you, and and and again. When 913 00:50:12,120 --> 00:50:14,720 Speaker 1: you ask someone like Guy Snodgrass, he was a fighter pilot, 914 00:50:14,800 --> 00:50:17,040 Speaker 1: what's on your radar? You know you're gonna get something 915 00:50:17,120 --> 00:50:20,919 Speaker 1: good Guy? Uh? That was that was you win the week, 916 00:50:21,120 --> 00:50:23,759 Speaker 1: Roger and Matt good luck topping that. Roger, what's on 917 00:50:23,920 --> 00:50:27,960 Speaker 1: your radar? Well, I'm jealous because when Guy said what 918 00:50:28,080 --> 00:50:34,040 Speaker 1: come on his radar? He literally means radar? Some pithy 919 00:50:34,719 --> 00:50:36,960 Speaker 1: that is what that? That is a good one. I alright. 920 00:50:37,000 --> 00:50:38,799 Speaker 1: I stumbled on a kind of a cool stat which 921 00:50:38,840 --> 00:50:43,439 Speaker 1: is the smp FO. September is an extremely emblematic month, 922 00:50:43,520 --> 00:50:46,239 Speaker 1: and in fifteen of the last nineteen years, what the 923 00:50:46,320 --> 00:50:51,520 Speaker 1: market does in September roughly matches the year. So by 924 00:50:51,560 --> 00:50:53,719 Speaker 1: the end of next month, well but good blueprint for 925 00:50:53,800 --> 00:50:55,160 Speaker 1: what the rest of the year it's gonna look like. 926 00:50:55,280 --> 00:50:59,840 Speaker 1: In the sp That's remarkable because, especially when you actually 927 00:51:00,000 --> 00:51:03,000 Speaker 1: look at what the markets have done this week as 928 00:51:03,080 --> 00:51:08,040 Speaker 1: a whole, because they've they had a really really really strong, 929 00:51:08,800 --> 00:51:13,160 Speaker 1: strong week, and it's been fascinating to watch just how 930 00:51:14,120 --> 00:51:18,279 Speaker 1: the stocks have extended their weekly Advanced stocks climbed, led 931 00:51:18,280 --> 00:51:22,320 Speaker 1: by technology companies after economic data bolstered optimism that a 932 00:51:22,440 --> 00:51:27,120 Speaker 1: recovery from a pandemic induced recession is on track. The 933 00:51:27,280 --> 00:51:33,040 Speaker 1: SMP five dred notched it's fourth straight weekly rally, the 934 00:51:33,239 --> 00:51:36,280 Speaker 1: longest winning streak this year, and a sense of calm 935 00:51:37,200 --> 00:51:40,680 Speaker 1: has prevailed amid light volume. It's been twenty one says 936 00:51:40,880 --> 00:51:44,960 Speaker 1: the twenty one sessions since the benchmark has posted. It's 937 00:51:44,960 --> 00:51:47,600 Speaker 1: a benchmark gauge has posted age decline to more than 938 00:51:47,640 --> 00:51:53,000 Speaker 1: one percent. Wow, So stocks are are feeling somewhat optimistic. Uh, 939 00:51:53,480 --> 00:51:55,200 Speaker 1: but there was this great article in the journal just 940 00:51:55,280 --> 00:51:57,759 Speaker 1: about how the stocks are doing incredibly well. But the 941 00:51:57,920 --> 00:52:00,200 Speaker 1: it's the lower and the and the lower middle US 942 00:52:00,280 --> 00:52:06,160 Speaker 1: and and people struggling economically who aren't invested in the 943 00:52:06,400 --> 00:52:09,480 Speaker 1: stock market that are really getting pummeled by this, by 944 00:52:09,560 --> 00:52:12,200 Speaker 1: this whole calamity that we're Roger, that's a good one, Macwarman, 945 00:52:12,280 --> 00:52:16,160 Speaker 1: what's on your radar? Alright? I got my vacation next week. 946 00:52:16,239 --> 00:52:18,360 Speaker 1: That is on my radar. Number one, aren't you is 947 00:52:18,400 --> 00:52:23,759 Speaker 1: a m of Republican Convention, And I mean, yeah, I'll 948 00:52:23,800 --> 00:52:25,759 Speaker 1: do it for a different place, but hey, I'll be 949 00:52:25,880 --> 00:52:31,279 Speaker 1: watching it from the beach. Uh. Number two, I'm gonna 950 00:52:31,360 --> 00:52:33,839 Speaker 1: be watching the season finale. We want to talk about 951 00:52:33,840 --> 00:52:41,719 Speaker 1: reality show on Tuesday? I'm wait, wait wait, wait wait 952 00:52:41,719 --> 00:52:45,800 Speaker 1: wait wait. This has literally this show has gotten me 953 00:52:46,000 --> 00:52:50,719 Speaker 1: through many a darker week and in this show is 954 00:52:51,239 --> 00:52:55,320 Speaker 1: so addictive. Chloe is my favorite character. I think she 955 00:52:55,600 --> 00:52:59,280 Speaker 1: is a baller. But anyway, my cousins and I are obsessed. 956 00:52:59,320 --> 00:53:03,960 Speaker 1: Me actually text about that show throughout the week. I 957 00:53:04,040 --> 00:53:06,040 Speaker 1: am not a fan of cloy but you know who knows. 958 00:53:06,239 --> 00:53:11,600 Speaker 1: Uh great show though, and uh of course Republican Convention. Right, 959 00:53:11,960 --> 00:53:15,000 Speaker 1: this is the last, really one of the last opportunities 960 00:53:15,560 --> 00:53:18,360 Speaker 1: to really change the game. Is there a bump this 961 00:53:18,520 --> 00:53:20,680 Speaker 1: time next week among Trump and Pens and the polls? 962 00:53:20,880 --> 00:53:25,040 Speaker 1: And as I mentioned before, right, the Trump campaign really 963 00:53:25,120 --> 00:53:28,880 Speaker 1: see the debates as a turning point in the campaign 964 00:53:28,920 --> 00:53:30,399 Speaker 1: for them to kind of really get back on top 965 00:53:30,440 --> 00:53:32,640 Speaker 1: of a lot of these states. They don't necessarily need 966 00:53:32,680 --> 00:53:34,960 Speaker 1: to even just win, they need to be close to um. 967 00:53:35,600 --> 00:53:37,680 Speaker 1: But the problem with that is, like As I said, 968 00:53:37,880 --> 00:53:41,080 Speaker 1: early voting in North Carolina starts first week in September 969 00:53:41,360 --> 00:53:43,480 Speaker 1: and it cascades on down to the rest of the states. 970 00:53:43,719 --> 00:53:46,759 Speaker 1: They need to start moving minds now next week to 971 00:53:46,840 --> 00:53:49,960 Speaker 1: perfect opportunity. Who but from this week from your perspective 972 00:53:50,560 --> 00:53:53,319 Speaker 1: from the Republican side, mat who had a breakout moment? 973 00:53:53,400 --> 00:53:56,160 Speaker 1: For for the left? Usually when we watched conventions, you're like, Oh, 974 00:53:56,200 --> 00:53:58,000 Speaker 1: they're going to remember president in four years, you know, 975 00:53:58,080 --> 00:54:00,719 Speaker 1: and we all remember the Obama speech back in uh 976 00:54:00,880 --> 00:54:06,160 Speaker 1: twoour yes, four? Who who had a breakout moment? I'm 977 00:54:06,320 --> 00:54:09,239 Speaker 1: I'm very interested to see Senator Tim Scott next week. 978 00:54:09,680 --> 00:54:13,520 Speaker 1: But I thought the medium of the virtual environment didn't 979 00:54:13,600 --> 00:54:16,320 Speaker 1: lend itself to someone like a Governor Whitmer for example. 980 00:54:16,920 --> 00:54:19,719 Speaker 1: Who could have, you know, maybe played more to the 981 00:54:19,800 --> 00:54:21,680 Speaker 1: crowd or I don't know, what, did you think I 982 00:54:21,840 --> 00:54:23,920 Speaker 1: was gonna say the exact same thing. The thing I 983 00:54:24,000 --> 00:54:27,640 Speaker 1: remember most about Obama's speech with him raising his voice 984 00:54:27,719 --> 00:54:32,239 Speaker 1: is cadence, the speaking and feeding off the room, uh 985 00:54:32,719 --> 00:54:36,799 Speaker 1: sitting very you know, stoically silently in a room, much 986 00:54:36,880 --> 00:54:39,040 Speaker 1: like you do for the State of the Union responses. 987 00:54:39,239 --> 00:54:42,040 Speaker 1: It was that type of differential between the president in 988 00:54:42,120 --> 00:54:45,000 Speaker 1: the in the House chamber and you know, the opposing 989 00:54:45,040 --> 00:54:47,719 Speaker 1: party afterwards sitting silently. So I don't think there's really 990 00:54:47,800 --> 00:54:50,880 Speaker 1: any breakout moments because to be a breakout moment, the 991 00:54:51,080 --> 00:54:53,799 Speaker 1: crowd helps to nudge that along. And it obviously wasn't 992 00:54:54,040 --> 00:54:57,600 Speaker 1: that this year. You know, uh, I thought that was interesting. 993 00:54:57,719 --> 00:55:00,600 Speaker 1: And hey, guy, he said stoic. He didn't use it 994 00:55:00,680 --> 00:55:03,600 Speaker 1: the way we use it. Here's what's on my radar. 995 00:55:04,160 --> 00:55:07,320 Speaker 1: Fiser and bio en Tech have said that their COVID 996 00:55:07,520 --> 00:55:12,200 Speaker 1: nineteen vaccines that they are jointly developing are on track 997 00:55:12,320 --> 00:55:17,680 Speaker 1: to be submitted for regulatory review as early as October, 998 00:55:18,600 --> 00:55:21,800 Speaker 1: and they have also released additional data from an early 999 00:55:22,040 --> 00:55:26,040 Speaker 1: stage study. The company said that the vaccine was well tolerated, 1000 00:55:26,400 --> 00:55:30,520 Speaker 1: with mild to moderate fever and fewer than the participants. 1001 00:55:30,880 --> 00:55:34,160 Speaker 1: The companies are continuing to analyze data from the Phase 1002 00:55:34,280 --> 00:55:36,719 Speaker 1: one trials in the U S and Germany, and this 1003 00:55:36,880 --> 00:55:40,120 Speaker 1: was according to a statement. The confirmation of their October goal, 1004 00:55:40,719 --> 00:55:46,120 Speaker 1: first announced last month, helped lift SNP futures briefly on Friday, 1005 00:55:46,560 --> 00:55:50,759 Speaker 1: as part of a drumbeat of positive news on inoculation 1006 00:55:50,880 --> 00:55:54,279 Speaker 1: efforts that have the potential to end the threat of 1007 00:55:54,360 --> 00:55:58,680 Speaker 1: the damaging lockdowns. The timeline would make the vaccine one 1008 00:55:58,760 --> 00:56:02,480 Speaker 1: of the fastest moving in the world, and some analysts 1009 00:56:02,600 --> 00:56:05,200 Speaker 1: are even expecting the vaccine to be approved for use 1010 00:56:05,560 --> 00:56:10,680 Speaker 1: by November. Wow. So I think the biggest unknown question 1011 00:56:10,760 --> 00:56:16,439 Speaker 1: mark the October surprise could be coming from the vaccination front. 1012 00:56:16,520 --> 00:56:18,200 Speaker 1: Thank you to Guy, thank you to Roger, thank you 1013 00:56:18,280 --> 00:56:20,800 Speaker 1: to Matt Gorman, and most importantly, thank you to you 1014 00:56:21,560 --> 00:56:24,960 Speaker 1: for listening. And I will be back next week, always 1015 00:56:25,000 --> 00:56:27,600 Speaker 1: grateful for you to listen. I'm Kevin Sireli, chief Washington 1016 00:56:27,640 --> 00:56:31,960 Speaker 1: correspondent for Bloomberg TV and for Bloomberg Radio. Enjoy your weekend, 1017 00:56:32,600 --> 00:56:35,680 Speaker 1: get some rest, drink some water, and keep on listening 1018 00:56:35,760 --> 00:56:36,360 Speaker 1: to Bloomberg