1 00:00:02,920 --> 00:00:10,600 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the 2 00:00:10,640 --> 00:00:14,560 Speaker 1: Bloomberg Balance of Power podcast. Catch Just Live weekdays at 3 00:00:14,560 --> 00:00:16,959 Speaker 1: noon Eastern on Appo carp Play and then roud Otto 4 00:00:17,040 --> 00:00:20,079 Speaker 1: with the Bloomberg Business app. Listen on demand wherever you 5 00:00:20,160 --> 00:00:23,600 Speaker 1: get your podcasts, or watch us live on YouTube. 6 00:00:25,680 --> 00:00:28,400 Speaker 2: I'm Kaylee alongside Joe here in Washington, and of course 7 00:00:28,480 --> 00:00:31,360 Speaker 2: right in between those two cities on the eastern seaboard 8 00:00:31,360 --> 00:00:34,800 Speaker 2: ands where you find Philadelphia, of course, in the critical 9 00:00:34,840 --> 00:00:37,640 Speaker 2: swing state in this election, Pennsylvania, and also the location 10 00:00:38,159 --> 00:00:40,800 Speaker 2: of this first and potentially only debate we will see 11 00:00:40,800 --> 00:00:44,720 Speaker 2: between the two presidential candidates, Donald Trump and Kamala Harris, who, 12 00:00:44,720 --> 00:00:46,960 Speaker 2: of course right now are in their final preparations before 13 00:00:47,000 --> 00:00:48,960 Speaker 2: they get ready to take that stage at nine pm 14 00:00:48,960 --> 00:00:49,400 Speaker 2: Eastern time. 15 00:00:49,600 --> 00:00:52,080 Speaker 3: Now the m Trak corridor are looming large tonight. I 16 00:00:52,080 --> 00:00:54,160 Speaker 3: guess Donald Trump making his way up from Florida. I 17 00:00:54,160 --> 00:00:58,240 Speaker 3: believe Kamala Harris from Pittsburgh where she's been for the 18 00:00:58,320 --> 00:01:00,880 Speaker 3: last I guess half week or so, prepared two very 19 00:01:00,880 --> 00:01:04,360 Speaker 3: different preparation styles, as we saw in the first debate here, 20 00:01:04,400 --> 00:01:07,200 Speaker 3: so a lot of questions about style over substance and 21 00:01:07,280 --> 00:01:09,839 Speaker 3: who brings what. Of course, you know it's a big 22 00:01:09,880 --> 00:01:13,000 Speaker 3: deal when David Goura is on the site and our 23 00:01:13,040 --> 00:01:16,000 Speaker 3: asset has made his way to Philadelphia. In fact, he's 24 00:01:16,000 --> 00:01:18,400 Speaker 3: in the spin room right now where things start pretty early. 25 00:01:18,680 --> 00:01:20,480 Speaker 3: They're David, it's great to see you. We know that 26 00:01:20,680 --> 00:01:23,480 Speaker 3: Republicans and Democrats will be using that room you're standing 27 00:01:23,480 --> 00:01:25,920 Speaker 3: in to try to spin everything that is said, walk 28 00:01:25,959 --> 00:01:28,679 Speaker 3: things back, try to reinforce points later on. Of course, 29 00:01:28,920 --> 00:01:31,760 Speaker 3: all of that follows the debate that starts at nine o'clock. 30 00:01:31,800 --> 00:01:32,800 Speaker 4: Give us the lay of the land. 31 00:01:35,240 --> 00:01:36,959 Speaker 5: Yeah, so we're in the media filing center. The spin 32 00:01:37,040 --> 00:01:39,160 Speaker 5: room is just over my shoulder, and I think it's 33 00:01:39,160 --> 00:01:41,960 Speaker 5: a more traditional media filing center and spin room than 34 00:01:41,959 --> 00:01:43,680 Speaker 5: we had at the last debate that of course took 35 00:01:43,680 --> 00:01:46,920 Speaker 5: place in the basketball arena for Georgia Tech, so a 36 00:01:47,040 --> 00:01:49,560 Speaker 5: very different feel, very different atmosphere. And then, of course 37 00:01:49,600 --> 00:01:51,960 Speaker 5: the way that debate unfolded led to a very strange 38 00:01:52,240 --> 00:01:54,440 Speaker 5: half hour or so after that debate when Surgates came 39 00:01:54,440 --> 00:01:57,480 Speaker 5: out to talk to reporters after it concluded. This is 40 00:01:57,960 --> 00:02:00,520 Speaker 5: like that last debate stands to be incredibly important. I 41 00:02:00,560 --> 00:02:02,960 Speaker 5: think both candidates recognize that you mentioned the means by 42 00:02:03,000 --> 00:02:05,760 Speaker 5: which they've been preparing for this. We know that Kamala 43 00:02:05,800 --> 00:02:08,120 Speaker 5: Harris has been in Pittsburgh, hold up in that omni hotel, 44 00:02:08,600 --> 00:02:11,240 Speaker 5: going through a lot of policy preparation, doing the kind 45 00:02:11,280 --> 00:02:14,799 Speaker 5: of mock debates that we've seen historically candidates do. Felipe Rhinis, 46 00:02:14,800 --> 00:02:17,400 Speaker 5: the Democratic consultant and strategist who played the role of 47 00:02:17,400 --> 00:02:19,800 Speaker 5: Trump for Hillary Clinton when she ran in twenty sixteen, 48 00:02:20,200 --> 00:02:23,520 Speaker 5: playing that role in those mock debates out in Pittsburgh. 49 00:02:23,560 --> 00:02:26,000 Speaker 5: Donald Trump choosing to do what he did last time, 50 00:02:26,160 --> 00:02:28,720 Speaker 5: hold a lot of events, hold a lot of big rallies, 51 00:02:29,080 --> 00:02:31,880 Speaker 5: and talk about policy with his advisors. We'll see sort 52 00:02:31,919 --> 00:02:34,080 Speaker 5: of how that preparation comes to bear in the debate 53 00:02:34,080 --> 00:02:36,239 Speaker 5: that takes place here tonight. I should say not where 54 00:02:36,280 --> 00:02:38,200 Speaker 5: I'm standing, not in the convention center, but a few 55 00:02:38,200 --> 00:02:41,160 Speaker 5: blocks away. So again kind of strange similarity to Georgia, 56 00:02:41,200 --> 00:02:43,200 Speaker 5: where we won't be in the actual room. There won't 57 00:02:43,240 --> 00:02:45,320 Speaker 5: be an audience in the room for the debate itself. 58 00:02:45,360 --> 00:02:47,720 Speaker 5: It'll be the two candidates on stage, each of a 59 00:02:47,720 --> 00:02:50,400 Speaker 5: different podium, and those two moderators, David muer and Lindsay 60 00:02:50,440 --> 00:02:53,560 Speaker 5: Davis of ABC News, asking the questions and hopefully keeping 61 00:02:53,560 --> 00:02:54,600 Speaker 5: the trains running on time. 62 00:02:55,880 --> 00:02:57,399 Speaker 2: Well, and it's not just the lack of a live 63 00:02:57,440 --> 00:03:00,480 Speaker 2: audience that makes this more unique compared to president debates 64 00:03:00,520 --> 00:03:04,360 Speaker 2: we've seen in the past, David, it's also muted microphones 65 00:03:04,400 --> 00:03:06,280 Speaker 2: when it is not the candidates turned to speak. We 66 00:03:06,320 --> 00:03:09,400 Speaker 2: saw this tested first on the CNN debate between Trump 67 00:03:09,440 --> 00:03:12,840 Speaker 2: and Biden back in June. How is that going to 68 00:03:12,840 --> 00:03:16,800 Speaker 2: be consequential in determinating how these determining how these candidates 69 00:03:16,919 --> 00:03:20,400 Speaker 2: conduct themselves. Knowing Kamala Harris was pushing back heavily against 70 00:03:20,400 --> 00:03:22,200 Speaker 2: these rules up until just a few days. 71 00:03:22,000 --> 00:03:26,200 Speaker 5: Ago, Yeah, it was a source of disagreement, as you say, 72 00:03:26,240 --> 00:03:28,919 Speaker 5: for many weeks. And I think what Vice President Harris 73 00:03:28,960 --> 00:03:31,160 Speaker 5: wanted to capture was a moment like she had when 74 00:03:31,200 --> 00:03:34,000 Speaker 5: she was up against Mike Pence. He interrupting her trying 75 00:03:34,000 --> 00:03:36,960 Speaker 5: to talk and she's saying quite emphatically, I'm speaking, And 76 00:03:36,960 --> 00:03:39,520 Speaker 5: that was a moment that went viral and sort of 77 00:03:39,600 --> 00:03:42,880 Speaker 5: bolsted her campaign. People really who supported her really thought 78 00:03:42,920 --> 00:03:45,880 Speaker 5: that was a signal moment in her campaign. You're not 79 00:03:45,920 --> 00:03:47,000 Speaker 5: going to get that this time around. 80 00:03:47,040 --> 00:03:47,240 Speaker 6: Again. 81 00:03:47,280 --> 00:03:49,360 Speaker 5: It's the same rules that we saw in Georgia, and 82 00:03:49,400 --> 00:03:51,960 Speaker 5: I think what's interesting is what the commentary was like 83 00:03:52,040 --> 00:03:54,080 Speaker 5: going into that debate in Atlanta. A lot of people 84 00:03:54,080 --> 00:03:56,560 Speaker 5: thought that would be a detriment to Donald Trump. But again, 85 00:03:56,920 --> 00:04:00,040 Speaker 5: the circumstances of that debate were so strange and unpredictably so, 86 00:04:00,600 --> 00:04:02,400 Speaker 5: and it was actually Donald Trump in that debate. Who 87 00:04:02,440 --> 00:04:05,280 Speaker 5: is dare I say, more muted or not somebody who 88 00:04:05,320 --> 00:04:07,160 Speaker 5: was interjecting a lot over the course of that debate. 89 00:04:07,240 --> 00:04:09,080 Speaker 5: Of course, he could do that tonight. The vice president 90 00:04:09,080 --> 00:04:11,160 Speaker 5: could do that as well. Even if we don't hear 91 00:04:11,160 --> 00:04:13,360 Speaker 5: what the other candidate has to say, he or she 92 00:04:13,400 --> 00:04:16,080 Speaker 5: could say something that razes or kind of needles the 93 00:04:16,080 --> 00:04:18,440 Speaker 5: other candidate, and that could manifest itself, at least in 94 00:04:18,480 --> 00:04:20,640 Speaker 5: how they react to it on the stage. 95 00:04:21,160 --> 00:04:24,320 Speaker 2: All right, Bloomberg correspondent David Gera live in Philadelphia, will 96 00:04:24,320 --> 00:04:27,279 Speaker 2: of course be checking in with David all evening and 97 00:04:27,320 --> 00:04:29,520 Speaker 2: through the night here on Bloomberg TV in radio, as 98 00:04:29,560 --> 00:04:32,279 Speaker 2: we have many hours of coverage of this presidential debate 99 00:04:32,560 --> 00:04:35,160 Speaker 2: prepared for you and of course with us for the duration. 100 00:04:35,440 --> 00:04:37,720 Speaker 2: Is our signature political panel. Who is here with us now, 101 00:04:37,760 --> 00:04:40,039 Speaker 2: Genie Shanzina of the Center for the Study of the 102 00:04:40,040 --> 00:04:42,839 Speaker 2: Presidency in Congress, where she is a senior Democracy Fellow 103 00:04:42,839 --> 00:04:46,160 Speaker 2: together with Rick Davis Stone Court Capital Partner as well 104 00:04:46,240 --> 00:04:49,280 Speaker 2: Republican and Democratic strategist respectively. Genie, I'll start with you. 105 00:04:49,440 --> 00:04:52,000 Speaker 2: Just because it is Kamala Harris, the Vice president who 106 00:04:52,040 --> 00:04:54,760 Speaker 2: does seem to be coming into the debate with more 107 00:04:54,800 --> 00:04:57,840 Speaker 2: momentum than Donald Trump has at this time, does that 108 00:04:57,920 --> 00:05:00,880 Speaker 2: make the bar even higher for her? She actually the 109 00:05:00,880 --> 00:05:02,359 Speaker 2: one who has the most to lose tonight. 110 00:05:02,960 --> 00:05:05,239 Speaker 7: I think that the bar is higher for her because, 111 00:05:05,320 --> 00:05:08,800 Speaker 7: let's face it, more people are unfamiliar with Kamala Harris. 112 00:05:08,839 --> 00:05:11,160 Speaker 7: I mean, it's stunning because she's been vice president for 113 00:05:11,160 --> 00:05:14,920 Speaker 7: four years. But that said a lot of us as Americans, 114 00:05:15,000 --> 00:05:17,840 Speaker 7: excluding you guys, you've watched politics all the time, you 115 00:05:17,880 --> 00:05:22,159 Speaker 7: don't have as much attention paid to the vice president normally, 116 00:05:22,240 --> 00:05:24,919 Speaker 7: so she's less of a known figure. Donald Trump, this 117 00:05:25,080 --> 00:05:27,640 Speaker 7: is his third run at the White House, he has 118 00:05:27,760 --> 00:05:31,360 Speaker 7: been president. People know him. Even looking at the latest 119 00:05:31,360 --> 00:05:33,440 Speaker 7: New York Times poll, you had almost three out of 120 00:05:33,480 --> 00:05:36,560 Speaker 7: ten people say or respondents say that they wanted to 121 00:05:36,600 --> 00:05:39,080 Speaker 7: learn more about Kamala Harris, and only nine out of 122 00:05:39,440 --> 00:05:42,000 Speaker 7: ten say, or nine out of one hundred saying they 123 00:05:42,040 --> 00:05:44,440 Speaker 7: wanted to know more about Donald Trump. So the stakes 124 00:05:44,440 --> 00:05:46,760 Speaker 7: are higher for her in that regard. And of course 125 00:05:46,880 --> 00:05:49,400 Speaker 7: he's much more practiced at this, having done this so 126 00:05:49,560 --> 00:05:52,359 Speaker 7: many times at this level. So I do think the 127 00:05:52,400 --> 00:05:54,600 Speaker 7: bar is a bit higher for her. And of course, 128 00:05:54,680 --> 00:05:58,479 Speaker 7: let's not forget the gender factor. For a woman to 129 00:05:58,600 --> 00:06:01,680 Speaker 7: face Donald Trump, we have seen it before. It is 130 00:06:01,839 --> 00:06:04,719 Speaker 7: a challenge that she is I'm sure ready for. I 131 00:06:04,720 --> 00:06:06,719 Speaker 7: think she's going to do a very good job. But 132 00:06:06,839 --> 00:06:09,640 Speaker 7: it does change the dynamics, and we've seen this throughout 133 00:06:09,680 --> 00:06:13,120 Speaker 7: the last twenty thirty years in American politics when men 134 00:06:13,160 --> 00:06:15,000 Speaker 7: and women face off on the debate stage. 135 00:06:15,040 --> 00:06:17,520 Speaker 3: Well, you do wonder which Donald Trump is going to 136 00:06:17,520 --> 00:06:19,120 Speaker 3: show up tonight? Maybe they all will. 137 00:06:19,200 --> 00:06:19,360 Speaker 4: Rick. 138 00:06:19,480 --> 00:06:23,200 Speaker 3: Is this going to be Comrade Kamala Donald Trump, someone 139 00:06:23,200 --> 00:06:26,520 Speaker 3: who questions her racial identity for instance, some of the 140 00:06:26,560 --> 00:06:29,040 Speaker 3: things that we've heard from him that have offended voters, 141 00:06:29,160 --> 00:06:31,000 Speaker 3: Or is it going to be look at what I 142 00:06:31,080 --> 00:06:33,760 Speaker 3: did for the economy, look at the wall on the 143 00:06:33,839 --> 00:06:35,640 Speaker 3: southern border, or do we get both? 144 00:06:37,040 --> 00:06:41,640 Speaker 6: Well, you know, Donald Trump is good at a debate 145 00:06:41,720 --> 00:06:45,800 Speaker 6: technique called Gish gallup, which is regardless of what the 146 00:06:45,880 --> 00:06:49,440 Speaker 6: question is, he throws out five or six different attacks 147 00:06:49,520 --> 00:06:52,400 Speaker 6: all at the same time and tries to basically get 148 00:06:52,440 --> 00:06:55,640 Speaker 6: his opponent to buy into that. And of course Joe 149 00:06:55,680 --> 00:06:58,720 Speaker 6: Biden did exactly that in the first debate this year. 150 00:06:58,839 --> 00:07:02,599 Speaker 6: He started responding as much as he could with data to, 151 00:07:03,000 --> 00:07:06,800 Speaker 6: you know, refute all these outlandish claims that Donald Trump 152 00:07:06,880 --> 00:07:09,240 Speaker 6: would just throw out there. And we don't know if 153 00:07:09,240 --> 00:07:12,280 Speaker 6: Donald Trump even believes these claims himself. But when you 154 00:07:12,320 --> 00:07:18,360 Speaker 6: start actually defending or responding to outlandish claims, you've immediately 155 00:07:18,400 --> 00:07:21,400 Speaker 6: lost the debate. And so I think that that's what 156 00:07:21,440 --> 00:07:23,400 Speaker 6: we can expect to see out of Donald Trump. It's 157 00:07:23,440 --> 00:07:27,800 Speaker 6: a it's a well honed technique that debaters use, and 158 00:07:27,840 --> 00:07:31,600 Speaker 6: nobody really knows whether he actually thinks he's doing Gish 159 00:07:31,600 --> 00:07:34,280 Speaker 6: gallop or whether he just does it because he's Donald Trump. 160 00:07:34,720 --> 00:07:35,920 Speaker 4: But the other thing I'd look. 161 00:07:35,760 --> 00:07:38,840 Speaker 6: At is Lindsay Davis, who's one of the moderators. You know, 162 00:07:39,080 --> 00:07:43,600 Speaker 6: she has a unique standing in this sort of debate 163 00:07:43,640 --> 00:07:48,200 Speaker 6: with Donald Trump in that he hasn't handled female questioners 164 00:07:48,360 --> 00:07:50,640 Speaker 6: very well in the past too, and so I'm dying 165 00:07:50,640 --> 00:07:54,480 Speaker 6: to see what kind of dynamic gets gets presented with 166 00:07:54,680 --> 00:07:56,040 Speaker 6: Lindsay's moderating. 167 00:07:58,120 --> 00:08:00,880 Speaker 2: Well, yeah, if we see repeats of pasta uction cycles 168 00:08:00,920 --> 00:08:03,640 Speaker 2: like what we saw with Megan Kelly, for example, Rick 169 00:08:03,720 --> 00:08:05,880 Speaker 2: to go back to the kind of gish gallop thing 170 00:08:05,920 --> 00:08:07,800 Speaker 2: you're talking about here, the idea that he does seem 171 00:08:07,840 --> 00:08:10,000 Speaker 2: to just throw things out there, and in fact, many times, 172 00:08:10,040 --> 00:08:12,480 Speaker 2: if he's talking about statistics in the border, for example, 173 00:08:12,520 --> 00:08:14,040 Speaker 2: he'll say, no, one knows what the number is. I 174 00:08:14,040 --> 00:08:17,120 Speaker 2: think it's twenty million. Makes it pretty clear that he's 175 00:08:17,160 --> 00:08:20,960 Speaker 2: not actually talking based in fact. Knowing he has that 176 00:08:21,040 --> 00:08:26,400 Speaker 2: proclivity to, if not outright lie frequently at least misrepresent facts. 177 00:08:27,080 --> 00:08:29,520 Speaker 2: Is that something Kamala Harris needs to be prepared to 178 00:08:29,560 --> 00:08:33,440 Speaker 2: actually fact check if the moderators don't do so, or 179 00:08:33,440 --> 00:08:34,920 Speaker 2: to your point, do you just need to let it 180 00:08:34,960 --> 00:08:36,319 Speaker 2: slide and make your own points. 181 00:08:36,920 --> 00:08:39,880 Speaker 6: Well, we know the moderators aren't going to fact check, right, 182 00:08:39,960 --> 00:08:42,480 Speaker 6: I mean, that has become the standard with Donald Trump, 183 00:08:42,960 --> 00:08:44,760 Speaker 6: and when they've tried it in the past, it hasn't 184 00:08:44,800 --> 00:08:47,880 Speaker 6: gone well, So my guess is they're not in that business, 185 00:08:47,920 --> 00:08:51,520 Speaker 6: and they'll say so. The reality is when you try 186 00:08:51,559 --> 00:08:54,720 Speaker 6: to then fact check all these outlined dish claims, you 187 00:08:54,800 --> 00:08:58,480 Speaker 6: then lose all the initiative that you're trying to promote 188 00:08:58,559 --> 00:09:01,840 Speaker 6: on what you're talking about. So you're just responding to 189 00:09:01,960 --> 00:09:04,760 Speaker 6: the negative, to the to the attacks by Donald Trump. 190 00:09:04,840 --> 00:09:09,760 Speaker 6: So that too isn't necessarily a good debate tactic to 191 00:09:09,920 --> 00:09:12,600 Speaker 6: just sort of take his lead, especially when you can't 192 00:09:12,640 --> 00:09:15,679 Speaker 6: rely on any of the data that he has. And 193 00:09:15,760 --> 00:09:21,160 Speaker 6: so I think that's something that that that people are onto. Certainly, 194 00:09:21,200 --> 00:09:25,080 Speaker 6: if you look at the tape from the Biden debate, 195 00:09:25,160 --> 00:09:28,640 Speaker 6: you'll realize that he fell into that trap and he 196 00:09:28,760 --> 00:09:31,240 Speaker 6: was having other problems late to dage, but like he 197 00:09:31,360 --> 00:09:34,199 Speaker 6: was definitely trying to refute and be the fact checker 198 00:09:34,280 --> 00:09:38,120 Speaker 6: and it just wasn't working. There's no you know, no 199 00:09:38,240 --> 00:09:40,200 Speaker 6: wall too high to get over on that one for 200 00:09:40,280 --> 00:09:42,959 Speaker 6: Donald Trump. So my guess is she stays away from 201 00:09:43,040 --> 00:09:46,679 Speaker 6: it and uses this opportunity to communicate, you know, her 202 00:09:46,760 --> 00:09:50,760 Speaker 6: capabilities to the to the few voters who are still 203 00:09:50,800 --> 00:09:53,440 Speaker 6: searching around for an alternative to Donald Trump. 204 00:09:54,720 --> 00:09:58,760 Speaker 3: I've seen some pretty serious pregaming from both campaigns. Donald 205 00:09:58,760 --> 00:10:02,520 Speaker 3: Trump today rolling out new and Horseman's from forty seven prosecutors. 206 00:10:03,480 --> 00:10:06,280 Speaker 3: He will, of course talk about her role as a 207 00:10:06,280 --> 00:10:08,000 Speaker 3: prosecutor in California. 208 00:10:08,360 --> 00:10:09,320 Speaker 4: She's out with a new. 209 00:10:09,200 --> 00:10:11,360 Speaker 3: Ad following the one yesterday we talked about, called the 210 00:10:11,360 --> 00:10:15,400 Speaker 3: Best People. There's one now featuring Barack Obama's speech at 211 00:10:15,520 --> 00:10:18,240 Speaker 3: the convention, in which she talked about Donald Trump's obsession 212 00:10:18,280 --> 00:10:22,840 Speaker 3: with crowd size and the sizes of other things. Is 213 00:10:22,880 --> 00:10:25,880 Speaker 3: this just par for the course, now, Genie, or is 214 00:10:25,920 --> 00:10:29,040 Speaker 3: the object tonight really to get under the skin of 215 00:10:29,080 --> 00:10:29,600 Speaker 3: your opponent? 216 00:10:30,200 --> 00:10:32,680 Speaker 7: You know, I think she should try, and I know 217 00:10:32,800 --> 00:10:34,680 Speaker 7: Donald Trump will try to get under her skin, to 218 00:10:34,720 --> 00:10:37,320 Speaker 7: get under his skin. And I keep saying this. I 219 00:10:37,480 --> 00:10:39,920 Speaker 7: have her spend the day watching a few good men. 220 00:10:40,160 --> 00:10:42,800 Speaker 7: She's a prosecutor. She should be Tom Cruise in that 221 00:10:42,840 --> 00:10:46,800 Speaker 7: courtroom against Jack Nicholson. And you can't handle the truth 222 00:10:46,840 --> 00:10:50,000 Speaker 7: and let him go because the more she gets him 223 00:10:50,000 --> 00:10:53,200 Speaker 7: to say things about the twenty twenty election being stolen, 224 00:10:53,240 --> 00:10:58,200 Speaker 7: the twenty sixteen election, his crowd sizes, it reminds people 225 00:10:58,320 --> 00:11:00,719 Speaker 7: of what this will be like again, which is what 226 00:11:00,840 --> 00:11:03,400 Speaker 7: they want to do if Donald Trump wins. This is 227 00:11:03,400 --> 00:11:06,040 Speaker 7: what you're in for. So I think she should be 228 00:11:06,080 --> 00:11:08,600 Speaker 7: goading him. We know she's a prosecutor. I have to 229 00:11:08,600 --> 00:11:10,439 Speaker 7: say I think it was smart that Trump put out 230 00:11:10,480 --> 00:11:13,480 Speaker 7: about the prosecutors so that the Trump team did because 231 00:11:13,760 --> 00:11:16,959 Speaker 7: she is a prosecutor and she's well known for having 232 00:11:17,000 --> 00:11:20,120 Speaker 7: made her case in the Senate as the Attorney General 233 00:11:20,120 --> 00:11:23,320 Speaker 7: of California. So I am getting my popcorn ready to 234 00:11:23,360 --> 00:11:25,560 Speaker 7: sit with you guys to watch this. I think it's 235 00:11:25,600 --> 00:11:27,880 Speaker 7: gonna be great. I think it should be, you know, 236 00:11:27,920 --> 00:11:30,640 Speaker 7: a holiday in the United States debate day, but it's not. 237 00:11:31,440 --> 00:11:33,679 Speaker 7: But I think it's going to be fascinating to see 238 00:11:33,679 --> 00:11:36,199 Speaker 7: how both of them prosecute these cases. 239 00:11:36,200 --> 00:11:38,600 Speaker 2: Well, and of course prosecuting it over the airwaves in 240 00:11:38,720 --> 00:11:41,559 Speaker 2: advertisements as well. As you allude to, Joe, that's something 241 00:11:41,600 --> 00:11:43,719 Speaker 2: that costs money, and the money advantage is something that 242 00:11:43,800 --> 00:11:47,320 Speaker 2: Kamala Harris does have at the moment, Rick, how much 243 00:11:47,320 --> 00:11:50,120 Speaker 2: of tonight is not just about reaching voters but about 244 00:11:50,200 --> 00:11:53,360 Speaker 2: reaching donors At this point in the race, do those 245 00:11:53,400 --> 00:11:56,880 Speaker 2: incremental donations, if they can convince more people to pony 246 00:11:56,960 --> 00:11:58,560 Speaker 2: up the money, does it matter? 247 00:12:00,000 --> 00:12:03,840 Speaker 6: I think, as you point out, it's incremental, you don't 248 00:12:03,880 --> 00:12:06,440 Speaker 6: really need it at this point. Both campaigns have enough 249 00:12:06,440 --> 00:12:09,560 Speaker 6: to close. Kamala Harris has already made or media biz 250 00:12:09,640 --> 00:12:11,760 Speaker 6: in most of these states for the balance of the election, 251 00:12:13,240 --> 00:12:15,600 Speaker 6: and the reality is that money is not going to 252 00:12:15,640 --> 00:12:18,959 Speaker 6: decide the outcome. So there'll be some money come in 253 00:12:19,720 --> 00:12:24,360 Speaker 6: because partisans will see their candidates full view tonight, over 254 00:12:24,480 --> 00:12:27,480 Speaker 6: twenty or over fifty million people probably watching, like the 255 00:12:27,520 --> 00:12:31,600 Speaker 6: first debate, and there'll be some momentum there. But unless 256 00:12:31,600 --> 00:12:34,080 Speaker 6: there's a knockout blow, I don't think you can expect 257 00:12:34,080 --> 00:12:38,520 Speaker 6: a big surgeent donations. And the reality is it has 258 00:12:38,559 --> 00:12:41,599 Speaker 6: a marginal impact. This kind of TV time, face to 259 00:12:41,679 --> 00:12:45,000 Speaker 6: face that's got impact, And I think this could be 260 00:12:45,040 --> 00:12:48,720 Speaker 6: decisive for the outcome of the election because I can't 261 00:12:48,760 --> 00:12:52,160 Speaker 6: see anything else happening between now an election day that's 262 00:12:52,200 --> 00:12:53,360 Speaker 6: going to get this much attention. 263 00:12:54,520 --> 00:12:58,000 Speaker 3: Well, you know, Donald Trump, Genie has one very powerful 264 00:12:58,080 --> 00:13:02,000 Speaker 3: question that he can ask Harris tonight about every issue 265 00:13:02,360 --> 00:13:06,120 Speaker 3: that she talks about solving, Why didn't you do anything 266 00:13:06,200 --> 00:13:08,760 Speaker 3: about it for the last three and a half years 267 00:13:09,240 --> 00:13:10,320 Speaker 3: you were in the White House. 268 00:13:10,760 --> 00:13:11,719 Speaker 4: How does she answer that? 269 00:13:12,080 --> 00:13:15,080 Speaker 7: Well, can't she ask him the same question? Why didn't 270 00:13:15,080 --> 00:13:17,800 Speaker 7: you address these things when you were in the White Say? 271 00:13:17,840 --> 00:13:19,400 Speaker 4: Things were perfect when I was By the way. 272 00:13:19,320 --> 00:13:22,000 Speaker 7: Why did we take over with the economy the way 273 00:13:22,040 --> 00:13:24,880 Speaker 7: it was? You know, why did why it was immigration 274 00:13:25,000 --> 00:13:26,720 Speaker 7: the way it was? So I think she can respond 275 00:13:26,720 --> 00:13:28,960 Speaker 7: to that. You're absolutely right, he is going to be 276 00:13:29,000 --> 00:13:31,720 Speaker 7: asking that. It is smart on his part because he 277 00:13:31,920 --> 00:13:35,040 Speaker 7: wants to tie her to a very or a relatively 278 00:13:35,120 --> 00:13:38,800 Speaker 7: unpopular Biden presidency. And I do think she has to 279 00:13:38,880 --> 00:13:42,320 Speaker 7: distinguish herself on that point. She's got to be new, 280 00:13:42,559 --> 00:13:47,040 Speaker 7: shiny objects change candidate and let him be a return 281 00:13:47,120 --> 00:13:49,840 Speaker 7: to the past. So I think she's going to be 282 00:13:49,880 --> 00:13:53,520 Speaker 7: prepared to answer those But that's absolutely I think Joe 283 00:13:53,880 --> 00:13:56,960 Speaker 7: he's listening. He's going to ask those very questions all night. 284 00:13:57,400 --> 00:13:59,520 Speaker 3: I know they're both listening right now. Rick, I'd love 285 00:13:59,640 --> 00:14:01,480 Speaker 3: we only have a minute left. Rick, how would you 286 00:14:01,640 --> 00:14:03,640 Speaker 3: counsel the candidate to answer that question? 287 00:14:04,840 --> 00:14:08,080 Speaker 6: Yeah, Look, I think she just ignores him. The reality 288 00:14:08,200 --> 00:14:13,559 Speaker 6: is again, engaging him and his attacks has never really 289 00:14:13,600 --> 00:14:16,160 Speaker 6: worked for anybody who's opposed him. And I think she's 290 00:14:16,200 --> 00:14:18,319 Speaker 6: just got to stay on her message and talk about 291 00:14:18,320 --> 00:14:20,760 Speaker 6: the future and just keep saying, if you want to 292 00:14:20,800 --> 00:14:23,400 Speaker 6: go back, that's a direction I'm not headed and I'm 293 00:14:23,400 --> 00:14:27,040 Speaker 6: headed forward. This has been the theme of her entire convention. 294 00:14:27,960 --> 00:14:30,840 Speaker 6: I think it can reflect well on her, and by 295 00:14:30,840 --> 00:14:33,400 Speaker 6: the way, the message isn't just we're not going back 296 00:14:33,480 --> 00:14:36,520 Speaker 6: to you, Donald Trump. We're not going back to my 297 00:14:36,680 --> 00:14:40,560 Speaker 6: president Joe Biden either, and so it works both ways, 298 00:14:40,600 --> 00:14:42,400 Speaker 6: and I think that's a safe harbor for her. 299 00:14:44,000 --> 00:14:45,200 Speaker 4: All Right, you guys, get some rest. 300 00:14:45,240 --> 00:14:47,080 Speaker 3: We're going to be back here on the later edition 301 00:14:47,200 --> 00:14:49,440 Speaker 3: of Balance of Power that's at five pm Eastern and 302 00:14:49,480 --> 00:14:51,520 Speaker 3: our special coverage, Kayleie, that's at. 303 00:14:51,400 --> 00:14:53,560 Speaker 4: Eight pm Eastern time. Did you eat your waties? 304 00:14:54,040 --> 00:14:54,160 Speaker 6: Oh? 305 00:14:54,240 --> 00:14:59,640 Speaker 2: Yeah, okay, extra caffeination on a day, caffeine hydrate. 306 00:15:00,920 --> 00:15:02,000 Speaker 4: Repeat, that's good. 307 00:15:02,160 --> 00:15:02,760 Speaker 8: On debated. 308 00:15:03,840 --> 00:15:08,600 Speaker 2: This is Bloomberg TV and Radio. 309 00:15:09,240 --> 00:15:12,560 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Can 310 00:15:12,760 --> 00:15:15,520 Speaker 1: just live weekdays at noon Eastern on Apple car Play 311 00:15:15,560 --> 00:15:18,160 Speaker 1: and enroid Oro with the Bloomberg Business ad. You can 312 00:15:18,200 --> 00:15:21,440 Speaker 1: also listen live on Amazon Alexa from our flagship New 313 00:15:21,520 --> 00:15:28,120 Speaker 1: York station, Just say Alexa play Bloomberg eleven thirty. 314 00:15:27,520 --> 00:15:30,360 Speaker 3: In Washington, where we're counting down to the big debate 315 00:15:30,520 --> 00:15:33,880 Speaker 3: nine o'clock tonight. It is our focus today here on 316 00:15:34,000 --> 00:15:36,200 Speaker 3: Balance of Powers. We try to bring you a range 317 00:15:36,240 --> 00:15:38,680 Speaker 3: of voices to get a sense of what to watch 318 00:15:39,280 --> 00:15:40,200 Speaker 3: and what to expect. 319 00:15:40,280 --> 00:15:40,600 Speaker 4: Kaylie. 320 00:15:40,680 --> 00:15:43,400 Speaker 3: This is going to be arguably the most important day 321 00:15:43,440 --> 00:15:44,120 Speaker 3: on the campaign. 322 00:15:44,160 --> 00:15:46,200 Speaker 4: Trail between now in November for good reason. 323 00:15:46,640 --> 00:15:48,600 Speaker 2: Well, absolutely, it may be the only time we see 324 00:15:48,640 --> 00:15:50,720 Speaker 2: these two share a stage. It comes at a time 325 00:15:50,760 --> 00:15:54,359 Speaker 2: when poll after poll suggests that this is an incredibly 326 00:15:54,440 --> 00:15:58,040 Speaker 2: close YEP race. There is no clear leader right now 327 00:15:58,160 --> 00:16:00,720 Speaker 2: nationally or in the swing states that will decide the 328 00:16:00,720 --> 00:16:03,360 Speaker 2: balance of the electoral college. And what that means is 329 00:16:03,360 --> 00:16:06,040 Speaker 2: that they're not only trying to convince their bases of 330 00:16:06,120 --> 00:16:10,120 Speaker 2: voters tonight that they can trust them, that they should 331 00:16:10,160 --> 00:16:12,280 Speaker 2: turn out for them, but especially that they're trying to 332 00:16:12,280 --> 00:16:15,240 Speaker 2: focus on those people who may yet be undecided or 333 00:16:15,280 --> 00:16:17,400 Speaker 2: are just trying to decide whether or not they're going 334 00:16:17,440 --> 00:16:20,120 Speaker 2: to bother showing up at all on November. 335 00:16:19,800 --> 00:16:23,320 Speaker 3: Fifth, all the while trying to needle their opponent. As yes, 336 00:16:23,360 --> 00:16:25,680 Speaker 3: we hear, they are both trying to get under the 337 00:16:25,720 --> 00:16:28,520 Speaker 3: other's skin tonight. There's been a lot of pregaming and 338 00:16:28,560 --> 00:16:31,040 Speaker 3: trolling going on, So there are quite a few jobs 339 00:16:31,040 --> 00:16:33,040 Speaker 3: they're both trying to do at once here in a 340 00:16:33,080 --> 00:16:34,160 Speaker 3: bit of three D chess. 341 00:16:34,680 --> 00:16:37,720 Speaker 2: Yes, indeed, so as we look at the board, the 342 00:16:37,800 --> 00:16:40,120 Speaker 2: chessboard that is, we want to bring back now to 343 00:16:40,200 --> 00:16:42,720 Speaker 2: balance of power. Professor Jen Jackson, who is joining us 344 00:16:42,840 --> 00:16:47,000 Speaker 2: from Syracuse University, where she is Assistant professor of Political Science. 345 00:16:47,200 --> 00:16:49,960 Speaker 2: Always great to have you here, Jen, if we could 346 00:16:50,040 --> 00:16:52,520 Speaker 2: just actually begin with a conversation we were just having 347 00:16:52,600 --> 00:16:55,480 Speaker 2: a few moments ago. We spoke with the Israeli Minister 348 00:16:56,000 --> 00:16:59,120 Speaker 2: of the Economy, who, no surprise, spoke quite forcefully about 349 00:16:59,120 --> 00:17:01,880 Speaker 2: what his government is trying to accomplish as it fights 350 00:17:02,000 --> 00:17:05,520 Speaker 2: its ongoing war against Tamas in Gaza. He didn't really 351 00:17:05,520 --> 00:17:07,600 Speaker 2: seem to want to weigh in on what he's looking 352 00:17:07,600 --> 00:17:10,200 Speaker 2: for in the debate tonight from either of these candidates. 353 00:17:10,440 --> 00:17:13,320 Speaker 2: What are undecided voters, specifically the ones that you've spent 354 00:17:13,400 --> 00:17:16,120 Speaker 2: a lot of time talking to, young black voters or 355 00:17:16,240 --> 00:17:20,119 Speaker 2: voters of color, more progressives who may feel passionately about 356 00:17:20,119 --> 00:17:23,320 Speaker 2: this Israel issue. What are they looking to hear? 357 00:17:24,520 --> 00:17:26,879 Speaker 8: You know, I think a lot of young people have 358 00:17:26,960 --> 00:17:29,879 Speaker 8: been waiting to hear the same things, probably for the 359 00:17:29,880 --> 00:17:32,440 Speaker 8: past few years, as they have been the past few weeks, 360 00:17:32,440 --> 00:17:36,120 Speaker 8: which is a really clear stance on what lies ahead 361 00:17:36,560 --> 00:17:39,080 Speaker 8: for the folks who are most vulnerable in the United States. 362 00:17:39,160 --> 00:17:44,040 Speaker 8: I'm thinking right now about LGBTQIA plus Americans and those 363 00:17:44,080 --> 00:17:46,120 Speaker 8: folks who have been working really hard on the past 364 00:17:46,160 --> 00:17:49,560 Speaker 8: few years to recover from the COVID nineteen crisis. So 365 00:17:49,640 --> 00:17:54,920 Speaker 8: while Gaza and the ongoing conflict that's happening with Israel 366 00:17:55,119 --> 00:17:59,439 Speaker 8: and the Gozen on the Gozen Peninsula, there's also some 367 00:17:59,640 --> 00:18:03,320 Speaker 8: questions here about what it means for those Americans who 368 00:18:03,640 --> 00:18:06,800 Speaker 8: have been asking and asking and asking for answers also 369 00:18:07,040 --> 00:18:08,280 Speaker 8: back home domestically. 370 00:18:09,680 --> 00:18:13,000 Speaker 3: You wonder to what extent geopolitics will factor into this 371 00:18:13,119 --> 00:18:16,880 Speaker 3: debate at all, Jen, and you can speak to that. 372 00:18:16,960 --> 00:18:19,119 Speaker 3: The moderators have a lot of places they could go 373 00:18:19,200 --> 00:18:22,800 Speaker 3: here with so many questions about policy proposals, more of 374 00:18:22,840 --> 00:18:25,440 Speaker 3: them I think aimed at Kamala Harris than Donald Trump, 375 00:18:25,480 --> 00:18:27,560 Speaker 3: and I wonder your thought on that. I think it's 376 00:18:27,560 --> 00:18:30,160 Speaker 3: been established that the bar is higher for the Vice president. 377 00:18:30,600 --> 00:18:34,359 Speaker 3: She's less known than Donald Trump and has not put 378 00:18:34,400 --> 00:18:37,399 Speaker 3: forth details on some of her ideas. 379 00:18:37,440 --> 00:18:39,639 Speaker 4: What do you think, you know? 380 00:18:39,720 --> 00:18:43,720 Speaker 8: I think it's they have different issues that they're facing tonight, right, 381 00:18:43,800 --> 00:18:45,480 Speaker 8: So what we know is that there's a lot of 382 00:18:45,520 --> 00:18:48,800 Speaker 8: concern about Project twenty twenty five and the fact that 383 00:18:48,840 --> 00:18:52,000 Speaker 8: in the first ten pages there are overt attacks against 384 00:18:52,000 --> 00:18:55,960 Speaker 8: marginalized Americans, namely, you know, black and brown Americans, immigrant 385 00:18:56,000 --> 00:18:59,840 Speaker 8: folks and also LGBTQIA and disabled folks. So a lot 386 00:18:59,840 --> 00:19:02,800 Speaker 8: of folks who are typically associated with the Democratic Party 387 00:19:02,840 --> 00:19:06,400 Speaker 8: are really paying attention tonight to hear more about how 388 00:19:06,640 --> 00:19:09,719 Speaker 8: this Project twenty twenty five might actually affect their lives. 389 00:19:10,040 --> 00:19:13,040 Speaker 8: Where VP Harris has the opportunity is to actually give 390 00:19:13,119 --> 00:19:16,159 Speaker 8: us some sort of policy that will actually speak against 391 00:19:16,320 --> 00:19:19,800 Speaker 8: this kind of retraction of protections, this retraction of rights 392 00:19:20,000 --> 00:19:22,320 Speaker 8: that is very clearly a part of not only Project 393 00:19:22,320 --> 00:19:25,960 Speaker 8: twenty twenty five, but some of Trump's previous administration. His 394 00:19:26,320 --> 00:19:30,760 Speaker 8: previous Agenda forty seven is almost mirrored identically in Project 395 00:19:30,760 --> 00:19:32,760 Speaker 8: twenty twenty five, and this was the agenda that was 396 00:19:32,800 --> 00:19:37,159 Speaker 8: seeking to make binary gender it kind of federal statute 397 00:19:37,240 --> 00:19:40,840 Speaker 8: to think about ways to retract support for policies that 398 00:19:41,320 --> 00:19:45,159 Speaker 8: offer gender affirming care, and also to sue practitioners and 399 00:19:45,280 --> 00:19:49,280 Speaker 8: even identify folks like librarians and teachers as sex offenders. 400 00:19:49,600 --> 00:19:51,960 Speaker 8: So there's an opportunity for VP Harris to set herself 401 00:19:52,040 --> 00:19:55,359 Speaker 8: apart and explain how show create a more progressive vision 402 00:19:55,720 --> 00:19:58,240 Speaker 8: for folks who are most afraid of what the outcomes 403 00:19:58,320 --> 00:20:01,679 Speaker 8: might be in a selection. But for the Trump camp, 404 00:20:01,880 --> 00:20:04,919 Speaker 8: they've got to help people understand why we should take 405 00:20:04,920 --> 00:20:06,359 Speaker 8: them seriously at all. And I would say at this 406 00:20:06,400 --> 00:20:09,240 Speaker 8: point maybe we shouldn't. 407 00:20:10,560 --> 00:20:14,280 Speaker 2: Well, okay, professor. As we consider whether or not Kamala 408 00:20:14,320 --> 00:20:17,359 Speaker 2: Harris will be outlining more progressive ideas, she may be 409 00:20:17,520 --> 00:20:21,080 Speaker 2: haunted a bit by her primary campaign of twenty nineteen, 410 00:20:21,119 --> 00:20:22,840 Speaker 2: in which a lot of these attacks that she's been 411 00:20:22,880 --> 00:20:26,920 Speaker 2: fielding from her opponents emanate from her stance on fracking, 412 00:20:26,960 --> 00:20:30,720 Speaker 2: for example, healthcaren and other matters. Is it wise for 413 00:20:30,760 --> 00:20:33,440 Speaker 2: her to try to hold the center tonight or does 414 00:20:33,480 --> 00:20:35,360 Speaker 2: she need to be pulled to the left a little 415 00:20:35,400 --> 00:20:37,159 Speaker 2: bit if she wants to turn out the voters who 416 00:20:37,200 --> 00:20:40,600 Speaker 2: will actually amount to them that could make her president. 417 00:20:41,840 --> 00:20:43,880 Speaker 8: You know, I think that she's been working really hard 418 00:20:43,920 --> 00:20:46,040 Speaker 8: for the past few weeks to get those moderate voters 419 00:20:46,080 --> 00:20:48,040 Speaker 8: on her side, and I think she's going to have 420 00:20:48,040 --> 00:20:50,560 Speaker 8: to have a balanced kind of approach tonight. There are 421 00:20:50,600 --> 00:20:53,280 Speaker 8: people who are listening who actually I think that typically 422 00:20:53,320 --> 00:20:55,840 Speaker 8: folks see is kind of in the pocket of the Democrats, 423 00:20:56,440 --> 00:20:58,480 Speaker 8: those people who are more on the radical left or 424 00:20:58,520 --> 00:21:01,720 Speaker 8: the more leftist politics leave that those folks will automatically 425 00:21:01,760 --> 00:21:05,280 Speaker 8: show up to vote because they they're hoping that those 426 00:21:05,320 --> 00:21:09,560 Speaker 8: young people, those marginalized folks, those vulnerable populations, working class 427 00:21:09,600 --> 00:21:13,879 Speaker 8: Americans will want to save us from this from bascism 428 00:21:14,160 --> 00:21:17,040 Speaker 8: and hope that this will be a preservation of democracy. 429 00:21:17,119 --> 00:21:21,440 Speaker 8: But they can't just count on people believing that she'll 430 00:21:21,480 --> 00:21:24,320 Speaker 8: stand up for them. They can't take those voters for granted. 431 00:21:24,640 --> 00:21:27,520 Speaker 8: So she will absolutely have to toe the line between 432 00:21:27,840 --> 00:21:31,280 Speaker 8: some of that more kind of left leaning policy work 433 00:21:31,280 --> 00:21:33,280 Speaker 8: and helping us understand what that looks like, but also 434 00:21:33,359 --> 00:21:37,479 Speaker 8: remembering that moderate voters are still asking questions of both sides. 435 00:21:39,200 --> 00:21:41,320 Speaker 4: Jenna's our job to try to pull you into policy. 436 00:21:41,320 --> 00:21:44,160 Speaker 3: Here we're on Bloomberg TV and radio, and you're pretty 437 00:21:44,160 --> 00:21:45,960 Speaker 3: good at that. But I wonder to what extent this 438 00:21:46,119 --> 00:21:49,720 Speaker 3: is a personality contest tonight and the battle of the Zingers. 439 00:21:50,960 --> 00:21:53,159 Speaker 8: You know, that's the thing that I'm actually concerned about. 440 00:21:53,720 --> 00:21:55,760 Speaker 8: You know, we've seen over the last few weeks that 441 00:21:56,320 --> 00:21:58,800 Speaker 8: Trump has come out and literally said that his team 442 00:21:58,880 --> 00:22:01,560 Speaker 8: told him not to a had commelin a personal way, 443 00:22:01,760 --> 00:22:04,119 Speaker 8: and he did it anyway. And so I think that, 444 00:22:04,560 --> 00:22:07,400 Speaker 8: you know, there will always be kind of folks choosing 445 00:22:07,800 --> 00:22:10,960 Speaker 8: their approach, and we know that for Donald Trump that 446 00:22:11,040 --> 00:22:14,800 Speaker 8: has previously been through the kind of character assassinations and 447 00:22:14,840 --> 00:22:17,280 Speaker 8: the efforts to detegreate people based on who they that 448 00:22:17,359 --> 00:22:20,520 Speaker 8: he thinks they are. So I think where VP Harris 449 00:22:20,560 --> 00:22:23,800 Speaker 8: has really stood apart from him is that she's focused 450 00:22:23,840 --> 00:22:27,760 Speaker 8: on how she's going to show up for everyday Americans. Well, 451 00:22:27,800 --> 00:22:29,960 Speaker 8: so he may be fighting that fight, he may be 452 00:22:30,040 --> 00:22:33,879 Speaker 8: jousting in terms of those negative attacks tonight, but I 453 00:22:33,920 --> 00:22:36,760 Speaker 8: don't think that she's going to lower herself to that level. 454 00:22:36,840 --> 00:22:38,919 Speaker 8: She hasn't yet, and I don't think she should today. 455 00:22:40,600 --> 00:22:43,040 Speaker 2: Jen, how should we be considering the role of the 456 00:22:43,080 --> 00:22:46,119 Speaker 2: moderators here, knowing there was essentially no fact checking at 457 00:22:46,119 --> 00:22:49,080 Speaker 2: all in the CNN debate between Donald Trump and Joe 458 00:22:49,080 --> 00:22:52,720 Speaker 2: Biden back in June, do you expect to see different 459 00:22:52,760 --> 00:22:57,240 Speaker 2: behavior from those actually asking the questions tonight? Answering them 460 00:22:57,680 --> 00:23:01,000 Speaker 2: is one thing, but actually trying to solicit true represent 461 00:23:01,080 --> 00:23:04,680 Speaker 2: truth effectively in a forum like this when millions of 462 00:23:04,720 --> 00:23:07,560 Speaker 2: Americans will be watching is a major question here. 463 00:23:08,440 --> 00:23:09,879 Speaker 8: You know, I think that's something that a lot of 464 00:23:10,000 --> 00:23:12,480 Speaker 8: us are concerned about, those of us who do social 465 00:23:12,560 --> 00:23:15,640 Speaker 8: scientific work and are hoping that the facts will prevail. 466 00:23:16,160 --> 00:23:18,879 Speaker 8: But what we've also seen is that specifically on the 467 00:23:18,880 --> 00:23:23,280 Speaker 8: Trump side, there's been efforts to pull back on fact checking, 468 00:23:23,800 --> 00:23:26,920 Speaker 8: and we saw this at the navg J the NMBJ 469 00:23:27,440 --> 00:23:31,000 Speaker 8: conference earlier this season. So I think that the concern 470 00:23:31,119 --> 00:23:34,040 Speaker 8: has been that even if there are some kind of 471 00:23:34,240 --> 00:23:39,080 Speaker 8: guardrails in place to ensure that facts are centered, there 472 00:23:39,080 --> 00:23:41,680 Speaker 8: may be also some tactics to try and pull back 473 00:23:41,720 --> 00:23:44,159 Speaker 8: on that. So I think that the moderators have a 474 00:23:44,200 --> 00:23:46,719 Speaker 8: tough road ahead of them because we know that this 475 00:23:46,800 --> 00:23:49,919 Speaker 8: is a tactic that the Trump administration, even when he 476 00:23:50,000 --> 00:23:53,399 Speaker 8: was in office, used to manipulate the kind of narratives 477 00:23:53,640 --> 00:23:56,359 Speaker 8: that came out from the policies that he enacted. So 478 00:23:57,119 --> 00:24:01,359 Speaker 8: I'm not confident that it'll be an easy conversation. I 479 00:24:01,400 --> 00:24:04,159 Speaker 8: actually think it'll be quite hard to keep him on topic, 480 00:24:04,200 --> 00:24:05,840 Speaker 8: to keep him on task, and then get him to 481 00:24:05,880 --> 00:24:08,879 Speaker 8: actually answer the hard questions. And that's where you know, 482 00:24:08,920 --> 00:24:12,040 Speaker 8: Americans have continued to be disappointed by these conversations because 483 00:24:12,040 --> 00:24:13,800 Speaker 8: they're not giving to answer that they're looking for. 484 00:24:15,240 --> 00:24:17,560 Speaker 4: Hey, Jenna's great to have you back. I know you'll 485 00:24:17,600 --> 00:24:18,960 Speaker 4: be watching like we are tonight. 486 00:24:19,040 --> 00:24:22,440 Speaker 3: Jen Jackson, Assistant professor political Science, Syracuse University, author of 487 00:24:22,480 --> 00:24:25,520 Speaker 3: Black Women, taught us in intimate history of black feminism. 488 00:24:25,600 --> 00:24:27,880 Speaker 3: Always a smart conversation, Jenna. We appreciate that. 489 00:24:31,520 --> 00:24:35,040 Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch 490 00:24:35,119 --> 00:24:37,920 Speaker 1: Just Live weekdays at noon Eastern on Apple car Play 491 00:24:37,960 --> 00:24:40,639 Speaker 1: and then broun Otto with the Bloomberg Business app. Listen 492 00:24:40,680 --> 00:24:43,720 Speaker 1: on demand wherever you get your podcasts, or watch us 493 00:24:43,760 --> 00:24:47,080 Speaker 1: live on YouTube. 494 00:24:47,440 --> 00:24:51,040 Speaker 2: It's not just any Tuesday, though, It's the Tuesday that 495 00:24:51,040 --> 00:24:54,639 Speaker 2: brings us potentially the only presidential debate between Donald Trump 496 00:24:54,840 --> 00:24:57,199 Speaker 2: and Vice President Kamala Harris that we will see this 497 00:24:57,320 --> 00:24:59,359 Speaker 2: election cycle. Will have full coverage of it for you 498 00:24:59,359 --> 00:25:02,680 Speaker 2: here on Bloomberg TV and Radio, myself Kaylei lines alongside 499 00:25:02,760 --> 00:25:04,920 Speaker 2: Joe Matthew. And what we know Joe is that obviously 500 00:25:04,960 --> 00:25:07,919 Speaker 2: top of mind to the American electorate are more domestic issues, 501 00:25:07,960 --> 00:25:11,359 Speaker 2: the border and the economy. Yet on that stage tonight, 502 00:25:11,400 --> 00:25:13,440 Speaker 2: the candidates may have to field a number of foreign 503 00:25:13,480 --> 00:25:16,480 Speaker 2: policy questions as well when it comes to Russia and Ukraine, 504 00:25:16,600 --> 00:25:19,640 Speaker 2: China perhaps, and of course what could be most difficult 505 00:25:19,720 --> 00:25:23,000 Speaker 2: for the incumbent vice president is questions around Israel and 506 00:25:23,040 --> 00:25:24,680 Speaker 2: the ongoing war against Himan. 507 00:25:24,840 --> 00:25:27,919 Speaker 3: Knowing the fissures we've seen in the Democratic Party, the 508 00:25:27,960 --> 00:25:30,919 Speaker 3: outrage in some cases by progressive Democrats, and a needle 509 00:25:30,960 --> 00:25:34,280 Speaker 3: to thread here for Kamala Harris. Is it the same 510 00:25:34,400 --> 00:25:37,639 Speaker 3: policy as the Biden administration? Will there be continuity here 511 00:25:37,720 --> 00:25:40,320 Speaker 3: or is this a new approach? Donald Trump, I suspect 512 00:25:40,359 --> 00:25:43,880 Speaker 3: will suggest as much. And there has been this narrative 513 00:25:43,920 --> 00:25:46,800 Speaker 3: that Donald Trump would be more friendly or at least 514 00:25:46,880 --> 00:25:49,199 Speaker 3: less hard on Benjaminett Yah who that they have a 515 00:25:49,200 --> 00:25:50,600 Speaker 3: better working relationship. 516 00:25:50,880 --> 00:25:52,879 Speaker 4: Maybe some of this will come up tonight, but you 517 00:25:52,960 --> 00:25:53,879 Speaker 4: bring up a great point. 518 00:25:54,480 --> 00:25:56,920 Speaker 3: People typically do not vote on geopolitics, and we could 519 00:25:56,960 --> 00:26:00,960 Speaker 3: be in a different world in this campaign illuminated tonight. 520 00:26:01,480 --> 00:26:03,560 Speaker 2: Yeah, and it is worth noting as we talk about 521 00:26:03,560 --> 00:26:07,200 Speaker 2: the fissures within the Democratic Party. Maybe not everyone votes 522 00:26:07,240 --> 00:26:10,640 Speaker 2: on geopolitics, but some may choose not to vote over 523 00:26:10,680 --> 00:26:14,080 Speaker 2: these kind of issues. That's what the Harrison and Democrats 524 00:26:14,119 --> 00:26:16,080 Speaker 2: broadly may be more worried about. Is this idea that 525 00:26:16,119 --> 00:26:19,399 Speaker 2: it could depress turnout among more progressive voters and in 526 00:26:19,400 --> 00:26:21,040 Speaker 2: critical areas like Michigan. 527 00:26:21,119 --> 00:26:23,399 Speaker 3: Well, as we make reference to the situation in Israel 528 00:26:23,440 --> 00:26:26,080 Speaker 3: and throughout the Middle East, we're joined here in Washington 529 00:26:26,119 --> 00:26:29,480 Speaker 3: by a major stakeholder that would be near Barcott Israel's 530 00:26:29,560 --> 00:26:33,160 Speaker 3: Minister of the Economy visiting Washington on this important day 531 00:26:33,200 --> 00:26:35,960 Speaker 3: for our politics here in the US. Minister, it's great 532 00:26:35,960 --> 00:26:37,560 Speaker 3: to see you. Thank you for joining us again on VLUE. 533 00:26:37,560 --> 00:26:38,520 Speaker 9: Thank you very much for hosting me. 534 00:26:38,880 --> 00:26:40,240 Speaker 3: I don't know if you want to dip your toe 535 00:26:40,280 --> 00:26:42,000 Speaker 3: into these waters tonight, but of course a lot of 536 00:26:42,000 --> 00:26:44,240 Speaker 3: people around the world are going to be watching this 537 00:26:44,280 --> 00:26:46,800 Speaker 3: debate to try to get a sense of what choices 538 00:26:47,119 --> 00:26:49,680 Speaker 3: the United States and the world are facing here when 539 00:26:49,680 --> 00:26:51,800 Speaker 3: it comes to the next president. Will you take time 540 00:26:51,880 --> 00:26:53,600 Speaker 3: to watch tonight. Can you give us a sense of 541 00:26:53,600 --> 00:26:54,800 Speaker 3: what you are looking to hear? 542 00:26:55,760 --> 00:26:58,080 Speaker 10: Well? Naturally, I think it's healthy for Israelis not to 543 00:26:58,080 --> 00:27:02,640 Speaker 10: get involved in the American politics. We want to stay bipartisan. 544 00:27:03,200 --> 00:27:06,400 Speaker 10: We want to make our case and remind the American 545 00:27:06,680 --> 00:27:10,840 Speaker 10: public and the world public who are up against Israel's 546 00:27:10,880 --> 00:27:14,520 Speaker 10: against radical jihadists that want to wipe us off the map. 547 00:27:15,640 --> 00:27:19,840 Speaker 10: They also want to wipe out all non Muslims. This 548 00:27:19,880 --> 00:27:23,240 Speaker 10: is jihad and what you saw the atrocities we saw 549 00:27:23,359 --> 00:27:26,760 Speaker 10: in October seven. From their perspective, they want to rearm, 550 00:27:27,680 --> 00:27:30,680 Speaker 10: regroup and do it again and again and again. That's 551 00:27:30,720 --> 00:27:34,680 Speaker 10: their charter, and this is what we're facing. Not only 552 00:27:34,680 --> 00:27:38,960 Speaker 10: with Ramas, we're also facing Risabaalagin the North, the same Jihadis. 553 00:27:39,000 --> 00:27:41,560 Speaker 10: They want to wipe us off the map. They're troubling 554 00:27:41,600 --> 00:27:44,320 Speaker 10: our northern border. Just to give you some perspective, we 555 00:27:44,359 --> 00:27:46,879 Speaker 10: have seventy thousand Israelis out of their homes. It's like 556 00:27:46,920 --> 00:27:49,280 Speaker 10: two and a half million people in the United States. 557 00:27:49,280 --> 00:27:52,680 Speaker 10: That's the equivalent doubled in San Diego if it was 558 00:27:52,720 --> 00:27:57,880 Speaker 10: attacked from Mexico, more than Manhattan. This is the kind 559 00:27:57,880 --> 00:28:00,159 Speaker 10: of pain we're suffering in the North and we have 560 00:28:00,200 --> 00:28:03,760 Speaker 10: to fix it. Add to that the fact that Iran 561 00:28:04,040 --> 00:28:07,080 Speaker 10: and katal the head of the snake and the biggest 562 00:28:07,119 --> 00:28:10,920 Speaker 10: funder of terror, are also part of that alliance. They're 563 00:28:10,960 --> 00:28:14,320 Speaker 10: funding Katal is the bigger fund, biggest funder of terror 564 00:28:14,320 --> 00:28:18,439 Speaker 10: around the world. Their blood money, Wolf in sheep's clothes, 565 00:28:18,600 --> 00:28:22,240 Speaker 10: they funded Taliban, they funded Isis, they fund all terror 566 00:28:22,480 --> 00:28:25,800 Speaker 10: cells around the world. And Iran that wants to go 567 00:28:25,840 --> 00:28:28,920 Speaker 10: after the Moderate Arab states as much as they're targeting us. 568 00:28:29,000 --> 00:28:32,240 Speaker 10: This is the alliance that Israel Is against. And thank god, 569 00:28:32,440 --> 00:28:35,400 Speaker 10: it's a great opportunity to thank the administration, to thank 570 00:28:35,440 --> 00:28:38,320 Speaker 10: the American people for the huge support we're getting. We 571 00:28:38,400 --> 00:28:42,200 Speaker 10: must understand that it's not a simple task. We have 572 00:28:42,320 --> 00:28:45,120 Speaker 10: to eliminate Hamas off the map and not enable them 573 00:28:45,120 --> 00:28:45,960 Speaker 10: to attack us again. 574 00:28:46,400 --> 00:28:49,360 Speaker 2: Well, as you talk about Cutter specifically being a funder 575 00:28:49,400 --> 00:28:51,160 Speaker 2: of terror, they are also one of the parties at 576 00:28:51,200 --> 00:28:54,680 Speaker 2: the negotiating table who are helping mediate ceasefire talks between 577 00:28:54,960 --> 00:28:58,200 Speaker 2: your government and Hamas. Are they not credible in this? 578 00:28:58,240 --> 00:29:00,360 Speaker 2: Why are they part of those conversations if it's like 579 00:29:00,360 --> 00:29:03,240 Speaker 2: you have zero reason that you see to trust them. 580 00:29:03,640 --> 00:29:06,560 Speaker 10: One of the biggest mistakes our own government made, including 581 00:29:06,600 --> 00:29:10,400 Speaker 10: the US government, is enable Katau to fand Ramas. A 582 00:29:10,560 --> 00:29:13,440 Speaker 10: huge mistake we've made, and it's not too late to 583 00:29:13,480 --> 00:29:17,640 Speaker 10: correct it. We prefer to see the Emirates and the 584 00:29:17,640 --> 00:29:21,360 Speaker 10: Saudis that seek peace, that are looking for to expand 585 00:29:21,360 --> 00:29:24,400 Speaker 10: the airbram cord. We'd like to see them support moderate 586 00:29:24,400 --> 00:29:28,000 Speaker 10: Arab Palestinians. And we have to eradicate and take away 587 00:29:28,200 --> 00:29:32,440 Speaker 10: the ability the capabilities of Ramas, the atrocities that were 588 00:29:32,440 --> 00:29:34,920 Speaker 10: still going through and look at what they've just done. 589 00:29:35,000 --> 00:29:38,120 Speaker 10: They murdered in cold blood, sick as of the hostages 590 00:29:38,760 --> 00:29:41,240 Speaker 10: in cold blood. They don't care about our lives. 591 00:29:41,760 --> 00:29:43,440 Speaker 9: They don't care. They think differently. 592 00:29:43,880 --> 00:29:47,840 Speaker 10: They use every weaponry they have in order to kill 593 00:29:47,840 --> 00:29:48,840 Speaker 10: this way at least, and. 594 00:29:48,800 --> 00:29:51,000 Speaker 9: They don't care about their own lives. They don't care 595 00:29:51,000 --> 00:29:51,239 Speaker 9: at all. 596 00:29:51,280 --> 00:29:54,960 Speaker 10: They hide behind their own civilians. We protect our civilians. 597 00:29:55,440 --> 00:29:59,240 Speaker 10: They use their civilians as shield because they know our strength, 598 00:29:59,240 --> 00:30:03,520 Speaker 10: which is perceived as a weakness by them, because we 599 00:30:03,560 --> 00:30:06,320 Speaker 10: care about human life and they have no care. They 600 00:30:06,360 --> 00:30:07,760 Speaker 10: promote death and destruction. 601 00:30:08,160 --> 00:30:11,520 Speaker 3: Your ministry, your finance ministry has cut its projection for 602 00:30:11,640 --> 00:30:14,600 Speaker 3: growth in twenty twenty four in Bloomberg is reporting that 603 00:30:14,640 --> 00:30:18,200 Speaker 3: you're lowering your GDP forecast for twenty five What is 604 00:30:18,240 --> 00:30:21,320 Speaker 3: the cost financially speaking of this war. 605 00:30:22,160 --> 00:30:25,120 Speaker 10: Well, naturally every round of violence in Norwegian there's a 606 00:30:25,120 --> 00:30:27,840 Speaker 10: dip in the war. It's clear people go to reserves. 607 00:30:27,880 --> 00:30:30,360 Speaker 10: And you know we're focusing on winning the war. 608 00:30:30,440 --> 00:30:31,440 Speaker 4: Can you quantify that? 609 00:30:31,640 --> 00:30:33,000 Speaker 9: Yeah, Well, you know. 610 00:30:33,040 --> 00:30:36,160 Speaker 10: We entered the war at at a ratio of sixty 611 00:30:36,920 --> 00:30:39,360 Speaker 10: percent debt to GDP, which is one of the best 612 00:30:39,360 --> 00:30:42,920 Speaker 10: in the world. We're now about seventy percent debt to GDP. 613 00:30:43,360 --> 00:30:45,880 Speaker 10: Will spread that throughout two years. We understand that we 614 00:30:45,920 --> 00:30:49,000 Speaker 10: have to focus in winning the war first, I'm here 615 00:30:49,080 --> 00:30:53,480 Speaker 10: speaking too many investors, and the potential of Israeli technology 616 00:30:53,600 --> 00:30:56,760 Speaker 10: and high tech is not decreased, it increased. So right 617 00:30:56,800 --> 00:30:58,560 Speaker 10: now there's a bit of a people are a bit 618 00:30:58,640 --> 00:31:01,440 Speaker 10: shying away. But as they are shying away right now, 619 00:31:01,520 --> 00:31:04,240 Speaker 10: I know that the world is interested in great products, 620 00:31:04,440 --> 00:31:08,360 Speaker 10: and we have great security product, healthcare, agro tech, food tech, 621 00:31:08,440 --> 00:31:09,000 Speaker 10: desert tech. 622 00:31:09,680 --> 00:31:11,000 Speaker 9: We have a lot to offer to the world. 623 00:31:11,000 --> 00:31:12,680 Speaker 10: And there's no down in my mind that you're going 624 00:31:12,760 --> 00:31:15,000 Speaker 10: to see a nice spike immediately after the. 625 00:31:14,960 --> 00:31:16,080 Speaker 9: War of success. 626 00:31:16,200 --> 00:31:18,400 Speaker 2: Well, so what are you hearing from investors about their 627 00:31:18,400 --> 00:31:20,720 Speaker 2: criteria to come back in if you will, Just that 628 00:31:20,800 --> 00:31:22,640 Speaker 2: the war needs to be over, that they already need 629 00:31:22,680 --> 00:31:25,920 Speaker 2: to see a recovery in the Israeli economy. The reservists, 630 00:31:25,920 --> 00:31:28,760 Speaker 2: for example, who had left their jobs being reincorporated back 631 00:31:29,040 --> 00:31:31,640 Speaker 2: into the workforce. What is it going to take. 632 00:31:31,800 --> 00:31:33,680 Speaker 10: It's split the two people that are not familiar with 633 00:31:33,800 --> 00:31:37,400 Speaker 10: Israel that are sort of they're sort of a bit 634 00:31:37,440 --> 00:31:40,360 Speaker 10: of shying away because they're not certain where this is going. 635 00:31:40,840 --> 00:31:42,920 Speaker 10: But a lot of Jews and people familiar with Israel 636 00:31:42,960 --> 00:31:46,640 Speaker 10: see great opportunity right now because they understand that the 637 00:31:46,680 --> 00:31:50,840 Speaker 10: strength of Israel's economy influences all Jews around the world. 638 00:31:51,000 --> 00:31:53,400 Speaker 10: So you see, well, some people are shying away, the 639 00:31:53,440 --> 00:31:56,520 Speaker 10: others are getting more engaged and involved. And from my 640 00:31:56,640 --> 00:31:59,840 Speaker 10: experience and coming from the tech world, I know that 641 00:31:59,840 --> 00:32:04,320 Speaker 10: the immediately after you're going to see huge investment flow 642 00:32:04,880 --> 00:32:09,600 Speaker 10: because we have great products, great entrepreneurs, great solutions to 643 00:32:09,600 --> 00:32:12,880 Speaker 10: give to the world, and the world responds very favorably 644 00:32:13,200 --> 00:32:16,280 Speaker 10: to great products, which that's why I'm very optimistic as 645 00:32:16,280 --> 00:32:16,840 Speaker 10: in the future. 646 00:32:17,240 --> 00:32:19,080 Speaker 3: Of course, this is an important part of the conversation 647 00:32:19,160 --> 00:32:22,280 Speaker 3: here on Bloomberg, and it sounds like you're seeing across 648 00:32:22,360 --> 00:32:27,560 Speaker 3: the valley to a greater opportunity. Before this all started, 649 00:32:27,600 --> 00:32:31,320 Speaker 3: we were talking about the cusp of an important economic 650 00:32:31,920 --> 00:32:33,680 Speaker 3: partnership with the Arab world. 651 00:32:34,200 --> 00:32:35,720 Speaker 4: Will you restart those talks? 652 00:32:35,720 --> 00:32:39,080 Speaker 3: Will Saudi Arabia be back in this conversation in that world? 653 00:32:39,440 --> 00:32:40,000 Speaker 9: I believe so. 654 00:32:40,280 --> 00:32:45,040 Speaker 10: Look, the Airbram Accords are there, the Emirates, the Jordanians, 655 00:32:45,080 --> 00:32:49,720 Speaker 10: the Egyptians. That's not perfect, but I see how the 656 00:32:49,720 --> 00:32:54,800 Speaker 10: Saudis and other modern Arab states, including potentially Indonesia and others, 657 00:32:55,240 --> 00:32:58,360 Speaker 10: are waiting to have a window of opportunity to enter 658 00:32:58,560 --> 00:33:01,520 Speaker 10: the and expand the abram We bless it well. I 659 00:33:01,520 --> 00:33:06,200 Speaker 10: think it's great for the stabidity of our region, the Sunnis, 660 00:33:06,760 --> 00:33:10,880 Speaker 10: which is the moderate Absites, that the Saudis and the 661 00:33:10,960 --> 00:33:14,560 Speaker 10: Murates are threatened by Iran. Just the other day, about 662 00:33:14,560 --> 00:33:18,080 Speaker 10: two weeks ago, Iran clearly stated that they are going 663 00:33:18,120 --> 00:33:21,360 Speaker 10: after them. They're the biggest enemy for Iran. Iran wants 664 00:33:21,360 --> 00:33:24,920 Speaker 10: to take over all the holy sites of the Islam 665 00:33:25,040 --> 00:33:27,360 Speaker 10: and then go after Israel. And guess what, You're next 666 00:33:27,360 --> 00:33:29,800 Speaker 10: in line. All the non Muslims are in the same 667 00:33:29,880 --> 00:33:33,239 Speaker 10: line for these radical jihadis. So I think it's in 668 00:33:33,280 --> 00:33:35,480 Speaker 10: our best interest, it's in their best interest, it's in 669 00:33:35,520 --> 00:33:38,719 Speaker 10: America's best interest to align with the moderate Arab states. 670 00:33:39,280 --> 00:33:43,040 Speaker 10: They write big checks. They're interested in collaboration and integrating 671 00:33:43,480 --> 00:33:45,480 Speaker 10: with the West, and we're the gateway for that. 672 00:33:46,240 --> 00:33:48,680 Speaker 2: Well, of course, as we consider the Middle East as 673 00:33:48,720 --> 00:33:51,000 Speaker 2: a whole, and the fact that we're seeing a presidential 674 00:33:51,040 --> 00:33:53,320 Speaker 2: debate tonight between two candidates who will not one of 675 00:33:53,360 --> 00:33:56,840 Speaker 2: them will be president in January, will not be President Biden, 676 00:33:56,840 --> 00:33:58,240 Speaker 2: who has said one of the things he wants to 677 00:33:58,240 --> 00:34:00,480 Speaker 2: accomplish before he leaves office is pace in the Middle 678 00:34:00,520 --> 00:34:03,440 Speaker 2: East in a ceasefire deal. Does these really government have 679 00:34:03,480 --> 00:34:06,120 Speaker 2: confidence this is something that could happen within the current 680 00:34:06,160 --> 00:34:09,439 Speaker 2: administration or is this going to be something Donald Trump 681 00:34:09,600 --> 00:34:11,719 Speaker 2: or Kamala Harris have to continue. 682 00:34:11,960 --> 00:34:14,279 Speaker 9: We always wish for peace and if there's a way, 683 00:34:14,360 --> 00:34:15,080 Speaker 9: we will be there. 684 00:34:15,920 --> 00:34:17,080 Speaker 2: Do you see right now? 685 00:34:17,239 --> 00:34:20,280 Speaker 10: The challenge is it's you know, ceasefire is very simple. 686 00:34:20,600 --> 00:34:24,520 Speaker 10: The minute Hamas lays down its weaponry, releases the hostages, 687 00:34:25,680 --> 00:34:30,480 Speaker 10: there's a ceasefire immediately. But as long as they keep 688 00:34:30,520 --> 00:34:33,600 Speaker 10: those hostages, and as long as they again and again 689 00:34:33,680 --> 00:34:36,160 Speaker 10: say that they want to eradicate Israel and they want 690 00:34:36,239 --> 00:34:38,879 Speaker 10: to do it again and again, we got to make sure, 691 00:34:39,520 --> 00:34:42,759 Speaker 10: like what happened with the Nazis, Okay, you didn't leave 692 00:34:42,800 --> 00:34:45,160 Speaker 10: some of the Nazis to regroup at the tail end 693 00:34:45,200 --> 00:34:49,000 Speaker 10: of the Second World War. Those criminals and these criminals, 694 00:34:49,040 --> 00:34:55,399 Speaker 10: these psychopaths, we cannot enable them to continue ruling Gaza 695 00:34:55,600 --> 00:34:58,600 Speaker 10: and to prepare for the next October seven attack. So 696 00:34:58,760 --> 00:35:03,279 Speaker 10: from our perspective, I wish it was you know, it's 697 00:35:03,640 --> 00:35:06,360 Speaker 10: strategic goal for Israel to have peace with its neighbors. 698 00:35:06,480 --> 00:35:07,640 Speaker 9: We've demonstrated that with. 699 00:35:07,640 --> 00:35:11,440 Speaker 10: Egypt forty years piece, with Jordan twenty five years now, 700 00:35:11,440 --> 00:35:12,719 Speaker 10: the Abraham A Quart a few years. 701 00:35:12,800 --> 00:35:15,160 Speaker 9: We want to expand that with people. 702 00:35:14,960 --> 00:35:17,759 Speaker 10: That recognize the state of Israel, and when they don't 703 00:35:17,760 --> 00:35:20,640 Speaker 10: recognize the State of Israel and they've committed those atrocities, 704 00:35:21,160 --> 00:35:23,000 Speaker 10: we will not let them live. 705 00:35:23,080 --> 00:35:25,360 Speaker 9: After this round of violence. 706 00:35:25,680 --> 00:35:27,960 Speaker 3: We only have about a minute left, Minister, What has 707 00:35:28,000 --> 00:35:30,760 Speaker 3: been the economic impact if any of the recent strikes 708 00:35:30,800 --> 00:35:32,400 Speaker 3: that we've seen. There was a call for a general 709 00:35:32,400 --> 00:35:37,080 Speaker 3: strike recently, can you see that born out in the numbers. 710 00:35:37,840 --> 00:35:41,200 Speaker 9: I'm proud of our democracy. It's a real democracy debate. 711 00:35:42,480 --> 00:35:45,480 Speaker 10: You know, people go out to the street and by 712 00:35:45,520 --> 00:35:48,360 Speaker 10: the way, sometimes on both sides of the aisle, and 713 00:35:48,880 --> 00:35:52,360 Speaker 10: they have the right to go to a strike. Eventually, 714 00:35:52,560 --> 00:35:55,520 Speaker 10: you know, there's a price for democracy. Israel's willing to 715 00:35:55,520 --> 00:35:58,200 Speaker 10: pay that price. We're proud of it and being the 716 00:35:58,200 --> 00:36:02,520 Speaker 10: only democracy in the Middle East enabling people to succeed 717 00:36:02,760 --> 00:36:05,000 Speaker 10: with human rights that no one around us has such 718 00:36:05,080 --> 00:36:08,799 Speaker 10: human rights, and we're very, very proud of that. It's 719 00:36:08,880 --> 00:36:11,680 Speaker 10: part of the price, and I'm proud of our democracy. 720 00:36:12,080 --> 00:36:13,799 Speaker 2: All right, we have to leave it their, Minister, thank 721 00:36:13,800 --> 00:36:16,560 Speaker 2: you so much for joining us here in Washington while 722 00:36:16,600 --> 00:36:18,600 Speaker 2: on your visit. That is the Israeli Minister of the 723 00:36:18,600 --> 00:36:21,279 Speaker 2: Economy near barcott. We appreciate your time, sir, Thank you 724 00:36:21,640 --> 00:36:22,600 Speaker 2: for being with us. 725 00:36:26,680 --> 00:36:29,879 Speaker 3: Thanks for listening to the Balance of Power podcast. Make 726 00:36:29,920 --> 00:36:32,880 Speaker 3: sure to subscribe if you haven't already, at Apple, Spotify, 727 00:36:32,960 --> 00:36:35,560 Speaker 3: or wherever you get your podcasts, and you can find 728 00:36:35,600 --> 00:36:38,840 Speaker 3: us live every weekday from Washington, DC at noontime Eastern 729 00:36:39,160 --> 00:36:40,560 Speaker 3: at Bloomberg dot com.