1 00:00:01,720 --> 00:00:06,240 Speaker 1: Now from our nation's capital. This is Bloomberg Sound On. 2 00:00:07,360 --> 00:00:09,040 Speaker 1: When you're in the middle of a war where you're 3 00:00:09,080 --> 00:00:12,000 Speaker 1: being attacked by your neighbor, in the brutal, apicious ways 4 00:00:12,039 --> 00:00:15,240 Speaker 1: that Russia's attacked in Ukraine, it only stands to reason 5 00:00:15,280 --> 00:00:17,840 Speaker 1: that you'd be asking for things to come as rapidly 6 00:00:17,880 --> 00:00:22,160 Speaker 1: as possible to Floomberg Sound On Politics, Policy and Perspective 7 00:00:22,320 --> 00:00:25,319 Speaker 1: from DC's top names. I think there needs to just 8 00:00:25,400 --> 00:00:27,080 Speaker 1: be a come up and people need to sort of 9 00:00:27,120 --> 00:00:30,160 Speaker 1: get together and say COVID funding is important. Everything is 10 00:00:30,200 --> 00:00:33,880 Speaker 1: going to be about the mid term election and there's 11 00:00:33,920 --> 00:00:38,040 Speaker 1: no escape from that. Bloomberg Sound On with Joe Matthew 12 00:00:38,440 --> 00:00:44,280 Speaker 1: on Bloomberg Radio. Ukraine prepares for a major battle in 13 00:00:44,360 --> 00:00:47,640 Speaker 1: the dawn boss as President Zelinski begs for more weapons 14 00:00:48,240 --> 00:00:51,639 Speaker 1: and Russia calls up retired soldiers. Yet it's come to this. 15 00:00:51,720 --> 00:00:55,120 Speaker 1: Welcome to the Fastest Hour in Politics. I'm Joe Matthew 16 00:00:55,160 --> 00:00:57,240 Speaker 1: back in the chair today, joining you from the mother 17 00:00:57,360 --> 00:01:00,480 Speaker 1: Ship in New York, where we begin with a shifting 18 00:01:00,480 --> 00:01:03,560 Speaker 1: war in Ukraine and a conversation ahead with retired Air 19 00:01:03,600 --> 00:01:06,039 Speaker 1: Force General David Deptula and one of the leading voices 20 00:01:06,080 --> 00:01:08,640 Speaker 1: we've relied on since the start of this war, and 21 00:01:08,720 --> 00:01:11,319 Speaker 1: Donald Trump puts his chips on dr Oz. We'll talk 22 00:01:11,360 --> 00:01:14,399 Speaker 1: about a busy weekend on the midterm campaign trail with 23 00:01:14,400 --> 00:01:18,160 Speaker 1: Bloomberg National political reporter Mark Niquette. Analysis today from our 24 00:01:18,200 --> 00:01:21,800 Speaker 1: signature panel. Rick and Genie are here Bloomberg Politics contributors 25 00:01:21,880 --> 00:01:24,880 Speaker 1: Jeanie Chanzano and Rick Davis to help us make sense 26 00:01:24,920 --> 00:01:27,560 Speaker 1: of the madness on a Monday of Russia regroups for 27 00:01:27,640 --> 00:01:31,440 Speaker 1: a new push in the dun Boss some very concerning 28 00:01:31,560 --> 00:01:34,360 Speaker 1: news over the weekend. The shifting strategy they say that 29 00:01:34,400 --> 00:01:39,120 Speaker 1: follows with National Security Advisor Jake Sullivan calls Russia's loss 30 00:01:39,800 --> 00:01:44,000 Speaker 1: of the Battle of Kiev. They lost and now they've 31 00:01:44,000 --> 00:01:46,319 Speaker 1: had a chance to regroup. And we see from satellite 32 00:01:46,360 --> 00:01:49,320 Speaker 1: imagery an eight mile long convoy of tanks and armored 33 00:01:49,400 --> 00:01:51,440 Speaker 1: vehicles heading east, kind of like the one we saw 34 00:01:51,520 --> 00:01:54,360 Speaker 1: coming from the north. Russia now turning as well to 35 00:01:54,480 --> 00:01:58,560 Speaker 1: retired soldiers to plug holes in the ranks in a 36 00:01:58,560 --> 00:02:01,680 Speaker 1: new top commander you might have for about put in 37 00:02:01,680 --> 00:02:04,840 Speaker 1: place by Vladimir Putin. Alexander Vornikoff, who led Russia's air 38 00:02:04,880 --> 00:02:07,160 Speaker 1: war in Syria, known for conducting the same kind of 39 00:02:07,160 --> 00:02:09,480 Speaker 1: war crimes we've been seeing in Ukraine. They call him 40 00:02:09,520 --> 00:02:13,440 Speaker 1: the butcher. President Zelenski and his lieutenant spent the weekend 41 00:02:14,160 --> 00:02:18,280 Speaker 1: making please for more weapons and for faster delivery, aiming 42 00:02:18,320 --> 00:02:21,480 Speaker 1: their comments squarely at the US Pentagon. Press Secretary John 43 00:02:21,520 --> 00:02:25,720 Speaker 1: Kirby today says America is still pouring weapons into the country. 44 00:02:25,760 --> 00:02:29,960 Speaker 1: Here he is. We aren't slowing down the regardless of 45 00:02:30,000 --> 00:02:33,000 Speaker 1: the Russian refocus on the dam Bus, were not slowing down. 46 00:02:33,360 --> 00:02:36,079 Speaker 1: That stuff continues to move. It's going to continue to move. 47 00:02:36,120 --> 00:02:37,680 Speaker 1: We said, as much as we can, as fast as 48 00:02:37,720 --> 00:02:41,160 Speaker 1: we can, and we meet it um and the reprioritization 49 00:02:41,240 --> 00:02:43,760 Speaker 1: of the Russians on the east hasn't had an effect 50 00:02:43,840 --> 00:02:47,360 Speaker 1: on our ability to help coordinate the delivery of massive 51 00:02:47,360 --> 00:02:50,160 Speaker 1: amounts of security assistance from the United States and other 52 00:02:50,280 --> 00:02:53,040 Speaker 1: nations in the Ukraine. That flows still continue. That's the thing. 53 00:02:53,120 --> 00:02:56,000 Speaker 1: It's not just American weapons. We're helping everyone else coordinate 54 00:02:56,000 --> 00:02:58,280 Speaker 1: delivery of their weapons. And as we prepare for something, 55 00:02:58,360 --> 00:03:04,400 Speaker 1: Ukraine's Foreign Minister Warrens could resemble World War two. Demetro 56 00:03:04,480 --> 00:03:06,919 Speaker 1: Kolaba World War two. We're joined by one of the 57 00:03:06,960 --> 00:03:10,560 Speaker 1: most trusted voices on military strategy and history. Retired Air 58 00:03:10,600 --> 00:03:13,359 Speaker 1: Force General David Deptula is with us right now, back 59 00:03:13,360 --> 00:03:15,400 Speaker 1: with us on sound on. General. We welcome you back. 60 00:03:15,480 --> 00:03:18,000 Speaker 1: It's great to have you. If we're about to witness 61 00:03:18,080 --> 00:03:23,639 Speaker 1: World War two style warfare, armored units crossing open fields 62 00:03:23,680 --> 00:03:29,320 Speaker 1: supported by air power. Does Ukraine stand a chance, well, Joe, 63 00:03:29,360 --> 00:03:33,400 Speaker 1: thanks for having me back on the short answers. Yeah, Um, 64 00:03:33,480 --> 00:03:36,200 Speaker 1: they stand a chance, and they'll stand a better chance, 65 00:03:36,960 --> 00:03:40,360 Speaker 1: um if the United States and NATO supply them with 66 00:03:40,400 --> 00:03:43,160 Speaker 1: the kind of weapons that will give you Karate an advantage. 67 00:03:43,800 --> 00:03:47,720 Speaker 1: And that means more advanced air defenses like spighter aircraft, 68 00:03:48,160 --> 00:03:51,960 Speaker 1: service to air missiles as well as service to service missiles. 69 00:03:52,000 --> 00:03:55,200 Speaker 1: Because the best way to stop the Russian air forces 70 00:03:55,240 --> 00:03:58,240 Speaker 1: to kill it on the ground. You know. This morning 71 00:03:58,600 --> 00:04:01,280 Speaker 1: and you mentioned it earlier. It this morning, I saw 72 00:04:01,320 --> 00:04:06,000 Speaker 1: the pictures of miles and miles of Russian tanks, armor armor, 73 00:04:06,120 --> 00:04:09,440 Speaker 1: other armor vehicles and artillery lined up on the roads, 74 00:04:09,520 --> 00:04:11,840 Speaker 1: and I was reminded of the Highway of death that 75 00:04:11,960 --> 00:04:16,120 Speaker 1: in the closing day as a desert storm, UH were 76 00:04:16,240 --> 00:04:20,200 Speaker 1: evidenced when we routed the Iraqi Army. UM and with 77 00:04:20,240 --> 00:04:23,039 Speaker 1: the right equipment, the Ukrainians can do the same thing 78 00:04:23,839 --> 00:04:26,280 Speaker 1: in the United States need to be supplying them so 79 00:04:26,320 --> 00:04:28,760 Speaker 1: they can do. So why not start strafing that armored 80 00:04:28,800 --> 00:04:32,560 Speaker 1: column right now? General, Why doesn't the Ukrainian Air Force 81 00:04:32,640 --> 00:04:36,960 Speaker 1: have that ability? Well, because they have. They have a 82 00:04:37,040 --> 00:04:41,280 Speaker 1: small number, a relatively small number of air defense aircraft 83 00:04:42,000 --> 00:04:46,240 Speaker 1: that they are husbanding to be able uh to launch 84 00:04:46,400 --> 00:04:52,000 Speaker 1: against Russian aircraft. And and that's one of the reasons 85 00:04:52,000 --> 00:04:55,440 Speaker 1: why it's so important to get them. For example, those 86 00:04:55,480 --> 00:05:00,120 Speaker 1: additional Polish make twenty nine even if they're just you is, 87 00:05:00,160 --> 00:05:05,640 Speaker 1: as spares. But I also would tell you that they 88 00:05:05,760 --> 00:05:08,839 Speaker 1: need the numbers. I mean, at some point numbers matter. 89 00:05:09,040 --> 00:05:12,520 Speaker 1: I mean, they only have about fifty five operational aircraft, 90 00:05:12,720 --> 00:05:14,520 Speaker 1: so those MiGs are a lot more meaningful than the 91 00:05:14,760 --> 00:05:16,680 Speaker 1: Pentagon is making them out to be. And I ask 92 00:05:16,720 --> 00:05:18,800 Speaker 1: you that, General, because there was a real conversation over 93 00:05:18,880 --> 00:05:22,800 Speaker 1: the weekend about the difference between defensive and offensive weapons. 94 00:05:23,120 --> 00:05:26,559 Speaker 1: We've of course been providing defensive weapons. Does the US 95 00:05:26,640 --> 00:05:30,120 Speaker 1: need to do more to help Ukrane take the offensive, 96 00:05:30,160 --> 00:05:34,560 Speaker 1: take the war to Russia? Um, the answer is yes. 97 00:05:34,760 --> 00:05:37,640 Speaker 1: But Joe, let me first offered to you that there's 98 00:05:37,640 --> 00:05:41,799 Speaker 1: no such thing as an offensive for a defensive weapon. 99 00:05:42,880 --> 00:05:44,960 Speaker 1: So explain to our listeners what people are talking about 100 00:05:44,960 --> 00:05:48,240 Speaker 1: when when we hear that, well, I don't know. I 101 00:05:48,320 --> 00:05:51,440 Speaker 1: mean they're demonstrating their ignorance. Okay, so that's not a 102 00:05:51,520 --> 00:05:54,479 Speaker 1: tough phrase that you would use in terms of shooting 103 00:05:54,480 --> 00:05:57,719 Speaker 1: missiles into Russia. However, in terms of attacking from the 104 00:05:57,760 --> 00:06:00,240 Speaker 1: air with regard to the MiGs, I'm assuming this is 105 00:06:00,240 --> 00:06:04,200 Speaker 1: the type of stuff they're talking about. Absolutely, you want 106 00:06:04,200 --> 00:06:08,159 Speaker 1: what we cannot forget that Russia is the aggressor here. 107 00:06:08,600 --> 00:06:14,560 Speaker 1: Russia attack Ukraine. Therefore, everything, everything that the Ukrainians are 108 00:06:14,640 --> 00:06:19,200 Speaker 1: doing is defensive in the context of trying to rid 109 00:06:19,240 --> 00:06:26,240 Speaker 1: the Russians from their invasion. That includes taking out Russian aircraft, 110 00:06:26,640 --> 00:06:31,719 Speaker 1: troops and armor located in Russia. General dep Tula I 111 00:06:31,760 --> 00:06:34,200 Speaker 1: mentioned this guy they're calling the butcher, the new Commander 112 00:06:34,400 --> 00:06:39,320 Speaker 1: Alexander Vornikoff. I realized he's got quite a story to 113 00:06:39,440 --> 00:06:42,520 Speaker 1: tell and has a past that would be very consistent 114 00:06:42,560 --> 00:06:44,479 Speaker 1: with some of the war crimes that we've seen in 115 00:06:44,480 --> 00:06:48,000 Speaker 1: the attacking against civilians. He led the air war at 116 00:06:48,040 --> 00:06:52,560 Speaker 1: least to start out in Syria. I'm I'm less curious 117 00:06:52,600 --> 00:06:56,280 Speaker 1: about the potential change in strategy here because of this 118 00:06:56,360 --> 00:06:58,880 Speaker 1: individual general, and more curious about the fact that for 119 00:06:58,920 --> 00:07:02,760 Speaker 1: the first time now all of Russia's military forces are 120 00:07:02,760 --> 00:07:06,080 Speaker 1: apparently answering to one person, this Nakoff WI that bring 121 00:07:06,440 --> 00:07:12,280 Speaker 1: continuity and and a more effective Russian military UM. It may, 122 00:07:12,640 --> 00:07:15,480 Speaker 1: the fact of the matter is we're in a period 123 00:07:15,480 --> 00:07:21,000 Speaker 1: of time where the coming Russian offensive is going to 124 00:07:21,160 --> 00:07:25,400 Speaker 1: take a lot more concerted effort than fighting off the 125 00:07:25,400 --> 00:07:30,640 Speaker 1: initial onslaught. And that's because the Russians are learning from 126 00:07:31,080 --> 00:07:35,400 Speaker 1: the mistakes that they made, and so they're gonna attempt 127 00:07:35,440 --> 00:07:41,920 Speaker 1: to correct them. Unifying command under a single operational level 128 00:07:42,000 --> 00:07:46,640 Speaker 1: commander is one way to get their act back together again, 129 00:07:47,120 --> 00:07:52,400 Speaker 1: which just accelerates the point UH and the need for 130 00:07:52,440 --> 00:07:57,320 Speaker 1: equipping the Ukrainians UM with weapons to give them an advantage. 131 00:07:57,760 --> 00:08:01,320 Speaker 1: Some troubling comments today from Sergei Lavrov, Russia's foreign minister 132 00:08:01,480 --> 00:08:05,480 Speaker 1: of course, who is the mouthpiece for Vladimir Putin UH. 133 00:08:05,680 --> 00:08:07,800 Speaker 1: He said that Russia's war with Ukraine is meant to 134 00:08:07,840 --> 00:08:09,760 Speaker 1: put an end that's a direct quote, meant to put 135 00:08:09,800 --> 00:08:14,360 Speaker 1: an end to US world domination and NATO expansion. The 136 00:08:14,440 --> 00:08:17,720 Speaker 1: NATO expansion part I have heard about repeatedly since before 137 00:08:17,760 --> 00:08:20,400 Speaker 1: the invasion, but to put an end to US world 138 00:08:20,520 --> 00:08:23,200 Speaker 1: domination general, What does that mean? What does that make 139 00:08:23,280 --> 00:08:27,400 Speaker 1: you worry about? It doesn't make me worry about anything 140 00:08:27,560 --> 00:08:34,120 Speaker 1: except that makes me worry that this might uh how 141 00:08:34,280 --> 00:08:38,079 Speaker 1: the White House even more than the Russians have already 142 00:08:38,440 --> 00:08:42,360 Speaker 1: done to deter action by NATO in the US to 143 00:08:42,440 --> 00:08:47,360 Speaker 1: assist Ukraine. Um and and hopefully the White House won't 144 00:08:47,360 --> 00:08:53,080 Speaker 1: be got further by lab ROV's ridiculous statement, Um. It 145 00:08:53,240 --> 00:08:59,160 Speaker 1: is absolutely pure propaganda to try to turn the tables 146 00:08:59,360 --> 00:09:04,760 Speaker 1: in the first reception of the populist international populist that 147 00:09:05,040 --> 00:09:08,840 Speaker 1: somehow the United States to blame for this, which again 148 00:09:09,040 --> 00:09:12,400 Speaker 1: is ludicrous and ridiculous. It should be ignored and it 149 00:09:12,400 --> 00:09:17,000 Speaker 1: should be answered um by moving uh MiG twenty nine 150 00:09:17,160 --> 00:09:22,120 Speaker 1: fifteensix teams in training the Ukrainian fighter pilots to fly 151 00:09:22,280 --> 00:09:24,520 Speaker 1: a tens as well. That would be an upgrade when 152 00:09:24,559 --> 00:09:27,719 Speaker 1: you have an eight mile long column of tanks and 153 00:09:27,840 --> 00:09:30,400 Speaker 1: armored vehicles coming in. If if the Pentagon is correct 154 00:09:30,480 --> 00:09:33,440 Speaker 1: by way of spokesman John Kirby, General that the USC 155 00:09:33,559 --> 00:09:36,800 Speaker 1: is a more protracted and bloody your phase in the 156 00:09:36,840 --> 00:09:40,439 Speaker 1: war ahead with the expectation of very intense fighting in 157 00:09:40,520 --> 00:09:44,240 Speaker 1: the Don Boss, is it more important than ever to 158 00:09:44,520 --> 00:09:48,040 Speaker 1: complete this transfer of miggs from Poland. We heard Jake 159 00:09:48,080 --> 00:09:50,040 Speaker 1: Sullivan yesterday seeing they can go ahead and do it 160 00:09:50,080 --> 00:09:52,360 Speaker 1: as long as they don't use the base in Germany. 161 00:09:52,480 --> 00:09:55,280 Speaker 1: It seems like those MiGs are more valuable now than 162 00:09:55,320 --> 00:09:57,040 Speaker 1: they would have been a couple of weeks ago. Do 163 00:09:57,080 --> 00:10:00,240 Speaker 1: you agree, Well, that's true, and it's not just those 164 00:10:00,320 --> 00:10:03,679 Speaker 1: mix but again, it's additional fighter aircraft. The Air Force 165 00:10:04,080 --> 00:10:07,080 Speaker 1: is going to be retiring over a hundred fifteens and 166 00:10:07,120 --> 00:10:09,880 Speaker 1: f six teams this year. So instead of sitting in 167 00:10:09,920 --> 00:10:14,800 Speaker 1: the bone yard collecting dust in the Arizona desert. Um, 168 00:10:14,840 --> 00:10:16,720 Speaker 1: we got to put them to good use by giving 169 00:10:16,800 --> 00:10:19,600 Speaker 1: them to the Ukrainians. And now that this is going 170 00:10:19,640 --> 00:10:24,280 Speaker 1: to be an extended and protracted conflict, um, and it's 171 00:10:24,280 --> 00:10:27,719 Speaker 1: gonna take maybe one to two months to train up 172 00:10:27,760 --> 00:10:31,240 Speaker 1: these competent fighter polots to fly them. Um. That's the 173 00:10:31,320 --> 00:10:34,800 Speaker 1: kind of answer we need to give putin. Given the 174 00:10:34,840 --> 00:10:37,600 Speaker 1: willingness of the Ukrainians to put their lives on the line, 175 00:10:38,040 --> 00:10:41,480 Speaker 1: we've got to empower them with the required tools to 176 00:10:41,559 --> 00:10:46,640 Speaker 1: fight and win. Because guess what, they're fighting on behalf 177 00:10:46,679 --> 00:10:49,320 Speaker 1: of the complete free world, and so we need to 178 00:10:49,360 --> 00:10:52,720 Speaker 1: support them to the greatest degree possible, not the least 179 00:10:52,720 --> 00:10:55,079 Speaker 1: that we can get by with, according to white House 180 00:10:55,080 --> 00:10:57,320 Speaker 1: and Pentagon lawyers, Well, I feel like we're hearing two 181 00:10:57,360 --> 00:11:00,000 Speaker 1: different stories when it comes to the supplying of Milty 182 00:11:00,040 --> 00:11:02,240 Speaker 1: terry gear to Ukraine. General, I know that a lot 183 00:11:02,320 --> 00:11:04,080 Speaker 1: of our stuff has gotten in there. We see images 184 00:11:04,080 --> 00:11:07,079 Speaker 1: of them shooting our our shoulder launched missiles and so forth. 185 00:11:07,360 --> 00:11:10,760 Speaker 1: But when President Zelenski and others, including the foreign ministers 186 00:11:10,760 --> 00:11:13,680 Speaker 1: say it's just not getting through fast enough, what is 187 00:11:13,720 --> 00:11:16,480 Speaker 1: holding all of this up? Is it supply lines or 188 00:11:16,559 --> 00:11:22,120 Speaker 1: something that we're not talking about right now. Yeah, Joe, 189 00:11:22,280 --> 00:11:25,720 Speaker 1: I'm not going to comment on that, just simply because 190 00:11:26,480 --> 00:11:29,680 Speaker 1: um I don't know. Um Look, I don't want to 191 00:11:29,720 --> 00:11:33,160 Speaker 1: take anything away from what the administration in the Department 192 00:11:33,240 --> 00:11:37,920 Speaker 1: Defense has been doing in terms of providing equipment, because 193 00:11:38,160 --> 00:11:42,640 Speaker 1: that's all been good. But these have been relatively small weapons. 194 00:11:43,040 --> 00:11:45,120 Speaker 1: They're important, don't get me wrong. So you want to 195 00:11:45,120 --> 00:11:48,120 Speaker 1: see him get moving faster as well. It sounds like General, 196 00:11:48,120 --> 00:11:50,240 Speaker 1: it's great to have you with us. I always wish 197 00:11:50,280 --> 00:11:52,920 Speaker 1: I had more time with retired Air Force General David 198 00:11:52,960 --> 00:11:56,200 Speaker 1: dep Tula. Kicking things off here on the fastest hour 199 00:11:56,280 --> 00:11:59,120 Speaker 1: in politics. I'm Joe Matthew in New York. Will assemble 200 00:11:59,160 --> 00:12:01,920 Speaker 1: the panel next with Rick and Genie. This is Bloomberg. 201 00:12:04,520 --> 00:12:08,320 Speaker 1: You're listening to Bloomberg. You sound on with Joe Matthew 202 00:12:08,720 --> 00:12:14,800 Speaker 1: on Bloomberg Radio. Russian tanks rolling to the dune, Boss 203 00:12:14,840 --> 00:12:18,720 Speaker 1: as President Biden meets virtually today with the Prime Minister 204 00:12:18,880 --> 00:12:22,960 Speaker 1: of India. Of course, India seems to like the cheap 205 00:12:23,000 --> 00:12:26,400 Speaker 1: Russian oil. We're being real careful about the way we 206 00:12:26,480 --> 00:12:28,320 Speaker 1: handle all of this in an effort to get them 207 00:12:28,360 --> 00:12:31,920 Speaker 1: off the oil. Let's assemble the panel now with Bloomberg 208 00:12:31,920 --> 00:12:35,839 Speaker 1: Politics contributors Genie Chanzano and Rick Davis. It's great to 209 00:12:35,880 --> 00:12:37,960 Speaker 1: have you both here. I wonder if you heard of 210 00:12:38,720 --> 00:12:42,560 Speaker 1: Jensaki talking about this today. Does a very delicate walk 211 00:12:42,679 --> 00:12:46,080 Speaker 1: through these repeated questions about, well, did the President actually 212 00:12:46,120 --> 00:12:50,280 Speaker 1: ask India to stop buying oil from Russia. Here's just 213 00:12:50,360 --> 00:12:52,600 Speaker 1: one taste of it with Jenn the President both conveyed 214 00:12:52,720 --> 00:12:56,640 Speaker 1: that we are here to help them diversify their means 215 00:12:56,800 --> 00:12:59,960 Speaker 1: of importing oil. Again, are the imports from the Net 216 00:13:00,080 --> 00:13:03,560 Speaker 1: States are already significant for much bigger than the imports 217 00:13:03,600 --> 00:13:06,679 Speaker 1: that they get from Russia. Uh, and we, of course, 218 00:13:06,760 --> 00:13:09,600 Speaker 1: the President conveyed very clearly that it is not in 219 00:13:09,640 --> 00:13:12,120 Speaker 1: their interest to increase that. But beyond that, I would 220 00:13:12,160 --> 00:13:15,199 Speaker 1: let the Indian leaders speak for themselves or call the 221 00:13:15,240 --> 00:13:18,320 Speaker 1: State Department or something. Genie, what's your thought on this? 222 00:13:18,360 --> 00:13:20,840 Speaker 1: Why do we have to be so careful? Well, we 223 00:13:20,880 --> 00:13:22,480 Speaker 1: do have to be careful, and it's so great to 224 00:13:22,520 --> 00:13:24,200 Speaker 1: talk to you, Joe. We do have to be so 225 00:13:24,320 --> 00:13:28,599 Speaker 1: careful because, of course India is in a politically difficult 226 00:13:28,679 --> 00:13:31,680 Speaker 1: spot and we know that they are important to us 227 00:13:31,720 --> 00:13:35,360 Speaker 1: in our efforts to address China, and so we are 228 00:13:35,400 --> 00:13:37,839 Speaker 1: walking a tight rope. And you know, one of the 229 00:13:37,840 --> 00:13:40,080 Speaker 1: things that we need to keep in mind is the 230 00:13:40,120 --> 00:13:44,439 Speaker 1: fact that throughout the Cold War, India was historically reliant 231 00:13:44,440 --> 00:13:47,440 Speaker 1: on Russia for defense, not as much for oil. There's 232 00:13:47,440 --> 00:13:50,120 Speaker 1: about one percent of its oil coming from Russia, although 233 00:13:50,160 --> 00:13:52,400 Speaker 1: certainly in the last few months that has eked up 234 00:13:52,440 --> 00:13:55,640 Speaker 1: a bit. But they have been historically been connected with 235 00:13:55,720 --> 00:13:59,800 Speaker 1: Russia and we were tied with Pakistan. Now we see 236 00:13:59,840 --> 00:14:03,679 Speaker 1: that relationship changing and India has not come out, you know, 237 00:14:03,800 --> 00:14:06,040 Speaker 1: at all in the way that we wanted them to 238 00:14:06,160 --> 00:14:09,640 Speaker 1: condemning what's going on in Ukraine. And so that is 239 00:14:09,679 --> 00:14:12,400 Speaker 1: where we are, both for oil reasons and for their 240 00:14:12,480 --> 00:14:16,080 Speaker 1: failure to openly condemned Russia and Putin. We have you know, 241 00:14:16,240 --> 00:14:18,720 Speaker 1: tried to address this um but I think what we're 242 00:14:18,720 --> 00:14:21,200 Speaker 1: hearing publicly, this sort of nice chat, is not what's 243 00:14:21,240 --> 00:14:23,320 Speaker 1: going on privately, where I suspect to the president was 244 00:14:23,400 --> 00:14:26,320 Speaker 1: much tougher. Look, you like to think that that's the case, Rick, 245 00:14:27,000 --> 00:14:30,520 Speaker 1: India here is helping to fund this war, of course 246 00:14:31,240 --> 00:14:35,000 Speaker 1: likes to buy Russian oil, staying neutral on the war. 247 00:14:35,720 --> 00:14:38,320 Speaker 1: How come China gets so much attention when this is 248 00:14:38,360 --> 00:14:41,280 Speaker 1: our situation with India. Well, I think you know what 249 00:14:41,360 --> 00:14:43,720 Speaker 1: Jennie says is right, which is there is a broader 250 00:14:43,760 --> 00:14:47,360 Speaker 1: and even more lethal potential future conflict with China that 251 00:14:47,440 --> 00:14:51,680 Speaker 1: looms and in India would be a significant ally of ours. 252 00:14:52,280 --> 00:14:54,800 Speaker 1: Uh if we ever get to the point where China 253 00:14:54,840 --> 00:14:57,680 Speaker 1: tries to flex its muscle. So uh, you know, you 254 00:14:57,720 --> 00:15:01,200 Speaker 1: can't operate in a vacuum. Uh. And and India does 255 00:15:01,280 --> 00:15:04,240 Speaker 1: have a longstanding relationship with Russia. But I still think 256 00:15:04,560 --> 00:15:08,520 Speaker 1: it's it's it's really uh, you know, India has been 257 00:15:08,560 --> 00:15:13,080 Speaker 1: impacted probably more in food than in anything else by 258 00:15:13,160 --> 00:15:16,800 Speaker 1: the aggression in Russia, and and and and expensive food 259 00:15:16,840 --> 00:15:19,960 Speaker 1: supplies probably hurts India more than any other free nation 260 00:15:19,960 --> 00:15:22,880 Speaker 1: in the world. And that is exactly what was discussed 261 00:15:23,160 --> 00:15:25,960 Speaker 1: today in this meeting. When you look at the readout 262 00:15:26,080 --> 00:15:30,640 Speaker 1: from the White House, Uh, Genie, it's it's remarkable, Uh. 263 00:15:31,000 --> 00:15:33,320 Speaker 1: You the this whole issue about a war in Ukraine 264 00:15:33,320 --> 00:15:36,320 Speaker 1: apparently didn't come up until very late in the call. 265 00:15:36,440 --> 00:15:39,280 Speaker 1: It's like the last line. And they did discuss, to 266 00:15:39,400 --> 00:15:43,160 Speaker 1: Rick's point, the potential for a food shortage. Does any 267 00:15:43,200 --> 00:15:45,760 Speaker 1: of you care what we say? I think they care 268 00:15:45,880 --> 00:15:49,080 Speaker 1: enormously and they should. Um, you know, I do think 269 00:15:49,120 --> 00:15:51,400 Speaker 1: they care. But you know, I thought it was interesting 270 00:15:51,400 --> 00:15:53,800 Speaker 1: that the war sort of was was left to the 271 00:15:53,920 --> 00:15:57,320 Speaker 1: end as well. But you know, I also think that 272 00:15:57,400 --> 00:16:01,080 Speaker 1: it's important that we've heard from peep who connected with 273 00:16:01,160 --> 00:16:03,680 Speaker 1: India who say that they feel, to a certain extent 274 00:16:03,800 --> 00:16:06,280 Speaker 1: like the United States has held them to a different 275 00:16:06,320 --> 00:16:09,000 Speaker 1: standard than they have some of their European allies when 276 00:16:09,000 --> 00:16:11,600 Speaker 1: it comes to oil, and so they feel a bit 277 00:16:11,600 --> 00:16:13,800 Speaker 1: put out by that as well. And I think the 278 00:16:13,840 --> 00:16:17,760 Speaker 1: President is trying to be you know, a a friend 279 00:16:17,920 --> 00:16:20,360 Speaker 1: to India, but letting them know that we can have 280 00:16:20,480 --> 00:16:23,440 Speaker 1: their back with defense, but they also need to have 281 00:16:23,480 --> 00:16:26,640 Speaker 1: our back with condemning Russia for its actions in Ukraine. 282 00:16:26,880 --> 00:16:29,080 Speaker 1: I don't think they're going to do that anytime soon though, 283 00:16:29,080 --> 00:16:30,880 Speaker 1: and that's a big problem. Of course, let's not forget 284 00:16:31,040 --> 00:16:33,920 Speaker 1: right on the border. We have Pakistan's prime minister ousted 285 00:16:34,000 --> 00:16:36,800 Speaker 1: over the weekend, to nuclear countries back to back with 286 00:16:36,880 --> 00:16:39,960 Speaker 1: China as their neighbors in times. Rick a lot of 287 00:16:40,040 --> 00:16:44,200 Speaker 1: questions over the course of today's briefing about whether President 288 00:16:44,240 --> 00:16:47,000 Speaker 1: Biden might show up in Ukraine like Boris Johnson did. 289 00:16:47,560 --> 00:16:49,720 Speaker 1: Of course, he got awfully close. It seemed like he 290 00:16:49,800 --> 00:16:53,880 Speaker 1: was at least about sixty miles across the Poland border. 291 00:16:53,960 --> 00:16:56,920 Speaker 1: But uh, it took on new meaning when we saw 292 00:16:56,960 --> 00:17:01,480 Speaker 1: Boris Johnson literally walking around with with the soldiers carrying 293 00:17:01,480 --> 00:17:05,040 Speaker 1: machine guns in the deserted streets of the capital, shaking 294 00:17:05,080 --> 00:17:06,760 Speaker 1: hands with a couple of people who wanted to talk 295 00:17:06,800 --> 00:17:09,919 Speaker 1: to him. Uh does that raise the anti here mean, 296 00:17:10,000 --> 00:17:11,840 Speaker 1: Joe Biden, we can't be fooling around like that in 297 00:17:11,960 --> 00:17:14,360 Speaker 1: Kieva the President United States, right, Well, I don't think 298 00:17:14,359 --> 00:17:16,400 Speaker 1: we have to. I think, you know, this is why 299 00:17:16,440 --> 00:17:19,680 Speaker 1: you have allies Boris Johnson willing to go to Kiev. 300 00:17:19,760 --> 00:17:22,000 Speaker 1: I think it was a very big demonstration of the 301 00:17:22,000 --> 00:17:26,040 Speaker 1: fact that Russians have failed in their original intent to 302 00:17:26,119 --> 00:17:28,600 Speaker 1: own Kiev by now and and now they're not even 303 00:17:28,600 --> 00:17:32,159 Speaker 1: fighting there. So the reality is that I think Boris 304 00:17:32,240 --> 00:17:36,240 Speaker 1: Johnson not only showing Western support for the Ukrainian people 305 00:17:36,480 --> 00:17:39,080 Speaker 1: and and their defense of their nation, but like to 306 00:17:39,200 --> 00:17:42,160 Speaker 1: make the really good point that the Russians have failed 307 00:17:42,560 --> 00:17:45,639 Speaker 1: in their land war in in Ukraine right now, uh 308 00:17:45,760 --> 00:17:49,399 Speaker 1: and obviously reamassing their troops in the east. Now, the 309 00:17:49,440 --> 00:17:52,879 Speaker 1: West has to meet the Ukrainian demands for weapons to 310 00:17:52,880 --> 00:17:55,480 Speaker 1: be able to stop that initiative. You're not surprised to 311 00:17:55,520 --> 00:17:59,520 Speaker 1: hear that Vladimir Putin's calling up retired soldiers, Rick, are you, well, 312 00:17:59,560 --> 00:18:01,680 Speaker 1: if you can sober him up enough to get him 313 00:18:01,720 --> 00:18:03,960 Speaker 1: to the front line so they can be fodder for 314 00:18:04,000 --> 00:18:07,760 Speaker 1: the Ukrainian forces. I guess that's probably a strategy. But 315 00:18:08,280 --> 00:18:11,040 Speaker 1: you know, I think the fact that if his regulars 316 00:18:11,080 --> 00:18:13,679 Speaker 1: are doing this poorer job, what do you think these 317 00:18:14,000 --> 00:18:18,399 Speaker 1: reserves are gonna be? Like? I mean, I mean, human 318 00:18:18,520 --> 00:18:21,920 Speaker 1: rights should be imposed just to stop him from slaughtering 319 00:18:21,960 --> 00:18:25,760 Speaker 1: his own people at this stage. Rick Davis, God, I 320 00:18:25,800 --> 00:18:27,920 Speaker 1: missed him for a week. You two, Genie. That's our 321 00:18:27,920 --> 00:18:30,840 Speaker 1: panel for today, our signature panel. They'll be back a 322 00:18:30,880 --> 00:18:32,720 Speaker 1: little bit later on this hour. As we turned to 323 00:18:33,119 --> 00:18:36,159 Speaker 1: the mid term campaign trail, as Donald Trump froze his 324 00:18:36,240 --> 00:18:40,800 Speaker 1: name behind Dr Oz, second time endorsing in that primary. 325 00:18:40,840 --> 00:18:44,000 Speaker 1: We'll talk about it with Bloomberg National political reporter Mark Niquette. 326 00:18:44,040 --> 00:18:50,160 Speaker 1: I'm Joe Matthew. This is Bloomberg. It was the big 327 00:18:50,200 --> 00:18:54,080 Speaker 1: moments Saturday Nights Trump rally in North Carolina. Another endorsement 328 00:18:54,640 --> 00:18:57,879 Speaker 1: by Donald Trump, not in North Carolina, but in the 329 00:18:58,000 --> 00:19:02,200 Speaker 1: Pennsylvania Republicans Senate primary. Here he is, by the way, 330 00:19:02,200 --> 00:19:07,640 Speaker 1: I endorsed another person today, doctor Oz in Pennsylvania. Doctor Oz. 331 00:19:09,320 --> 00:19:14,359 Speaker 1: Great guy, a good man's good men, Harvard educated, tremendous, 332 00:19:14,440 --> 00:19:17,000 Speaker 1: tremendous career, and they liked him for a long time. 333 00:19:17,040 --> 00:19:19,040 Speaker 1: That's like a pole, you know, when you're in television 334 00:19:19,040 --> 00:19:21,720 Speaker 1: for eighteen years. That's like a pole that means people 335 00:19:21,800 --> 00:19:25,760 Speaker 1: like you. But he's a he's a great guy. Donald 336 00:19:25,760 --> 00:19:29,359 Speaker 1: Trump trying the equivalency of TV ratings and political polls. 337 00:19:29,400 --> 00:19:33,160 Speaker 1: I'm not sure that it works that way. Selma, North Carolina. There, 338 00:19:33,480 --> 00:19:37,119 Speaker 1: and Bloomberg's Mark Niquette writes that this is arguably Donald 339 00:19:37,160 --> 00:19:40,120 Speaker 1: Trump's most consequential nod of the midterms. That's saying something 340 00:19:40,160 --> 00:19:41,879 Speaker 1: he's had quite a number. In fact, he's already had 341 00:19:41,920 --> 00:19:45,000 Speaker 1: one in this race, a candidate who has since dropped out, 342 00:19:45,000 --> 00:19:48,280 Speaker 1: and he joins us. Now, Mark Niquette, welcome back. It's 343 00:19:48,320 --> 00:19:50,159 Speaker 1: great to have you. Last time we spoke, you were 344 00:19:50,200 --> 00:19:52,720 Speaker 1: on your way to another Trump rally. Is the former 345 00:19:52,760 --> 00:19:56,399 Speaker 1: president smart to consider Dr Oz's TV ratings in making 346 00:19:56,400 --> 00:19:59,080 Speaker 1: this choice? I mean, is there's something to that we 347 00:19:59,160 --> 00:20:01,960 Speaker 1: we're gonna find out. I mean, ductor Oz clearly has 348 00:20:02,200 --> 00:20:06,240 Speaker 1: almost universal name I d in Pennsylvania. But the question, 349 00:20:06,720 --> 00:20:10,320 Speaker 1: um that still sort of lingers out there is whether 350 00:20:11,200 --> 00:20:16,600 Speaker 1: conservative voters trust that Dr Oz actually holds conservative views. Um. 351 00:20:16,640 --> 00:20:19,520 Speaker 1: There's all kinds of clips out there from Dr Oz's 352 00:20:19,600 --> 00:20:24,320 Speaker 1: TV show where he's talking about support for red flag laws, um, 353 00:20:24,359 --> 00:20:28,199 Speaker 1: which makes people question his support for gun rights and 354 00:20:28,320 --> 00:20:31,760 Speaker 1: a host of other issues that UM, David McCormick, his 355 00:20:31,800 --> 00:20:35,800 Speaker 1: chief rival in this primary, and others are continually bringing up, 356 00:20:35,880 --> 00:20:37,760 Speaker 1: you know, to just plant the seeds of doubt is 357 00:20:37,800 --> 00:20:41,720 Speaker 1: whether you know Dr Oz is really conservative. This is incredible. 358 00:20:41,960 --> 00:20:45,679 Speaker 1: H McCormick, who you mentioned, the hedge fund manager. It 359 00:20:45,720 --> 00:20:48,560 Speaker 1: worked really hard to get Trump's support. He surrounded himself 360 00:20:48,640 --> 00:20:51,440 Speaker 1: with former Trump administration officials, not to mention, his own 361 00:20:51,480 --> 00:20:55,560 Speaker 1: wife was deputy National Security Advisor. He was spotted at 362 00:20:55,560 --> 00:20:58,480 Speaker 1: marl Lago just a couple of days before Trump's rally. 363 00:20:58,560 --> 00:21:01,040 Speaker 1: So this clearly went to the very But as as 364 00:21:01,080 --> 00:21:04,480 Speaker 1: you mentioned in your column, the President says Oz in 365 00:21:04,480 --> 00:21:06,600 Speaker 1: a statement, Ozz will be one of the most able 366 00:21:06,680 --> 00:21:10,080 Speaker 1: to win the general electric will be the one, I 367 00:21:10,080 --> 00:21:13,119 Speaker 1: should say, most able to win the general election. Does 368 00:21:13,160 --> 00:21:14,960 Speaker 1: it come down to being as simple as that he 369 00:21:15,000 --> 00:21:19,040 Speaker 1: just wanted to pick a winner. I don't know the 370 00:21:19,240 --> 00:21:22,159 Speaker 1: short answer, because you know, again this this is going 371 00:21:22,240 --> 00:21:24,040 Speaker 1: to be a close race, I think, and that the 372 00:21:24,040 --> 00:21:27,080 Speaker 1: primary race, and you know, it's not at all clear 373 00:21:27,240 --> 00:21:29,920 Speaker 1: that you know, Oz is the front runner. In fact, 374 00:21:30,200 --> 00:21:34,080 Speaker 1: there's there's polls that have David McCormick as leading this race. 375 00:21:34,480 --> 00:21:36,919 Speaker 1: So the you know, the primary is very much in doubt. 376 00:21:37,119 --> 00:21:39,560 Speaker 1: And the question I think is going to be, you know, 377 00:21:39,640 --> 00:21:43,360 Speaker 1: what influence does Donald Trump's endorsement have again with these 378 00:21:43,400 --> 00:21:46,119 Speaker 1: voters who may be wary of Oz. You know, do 379 00:21:46,200 --> 00:21:49,080 Speaker 1: they need sort of a reason to uh, you know, 380 00:21:49,119 --> 00:21:52,000 Speaker 1: get behind him and vote for him. Because you're right, 381 00:21:52,359 --> 00:21:57,480 Speaker 1: both David McCormick and and Dr Oz sought Trump's endorsement. 382 00:21:57,600 --> 00:22:00,520 Speaker 1: They um, as you said, they went tomorrow Logo to 383 00:22:01,560 --> 00:22:04,840 Speaker 1: audition essentially for it in person. Uh there they've run 384 00:22:05,320 --> 00:22:09,159 Speaker 1: uh pictures of Trump in their in their ads on 385 00:22:09,200 --> 00:22:11,359 Speaker 1: the campaign trail, they talk about how loyal they are 386 00:22:11,440 --> 00:22:13,800 Speaker 1: to Trump and as America First agenda. So there's a 387 00:22:13,840 --> 00:22:16,640 Speaker 1: there's a feeling out there that you know, Trump's endorsement 388 00:22:16,680 --> 00:22:19,680 Speaker 1: could hold sway if the race is very close. It 389 00:22:19,720 --> 00:22:21,880 Speaker 1: could be sort of the factor that decides it when 390 00:22:21,880 --> 00:22:23,520 Speaker 1: you think about it. So they each kind of represent 391 00:22:23,600 --> 00:22:25,520 Speaker 1: a different part of Donald Trump's life. You've got the 392 00:22:25,560 --> 00:22:28,199 Speaker 1: show biz guy there with Dr Oz. You know, they 393 00:22:28,200 --> 00:22:31,720 Speaker 1: can talk about TV stuff and being being a celebrity, 394 00:22:31,720 --> 00:22:33,880 Speaker 1: and surely they ran into each other many times over 395 00:22:33,920 --> 00:22:36,639 Speaker 1: the years in that forum. They were probably booked on 396 00:22:36,680 --> 00:22:38,840 Speaker 1: the same talk shows. But you've also got a hedge 397 00:22:38,840 --> 00:22:41,840 Speaker 1: fund manager here, and Donald Trump is you know, frequently 398 00:22:41,920 --> 00:22:46,520 Speaker 1: swayed by the influences of Wall Street and the financial sector. Uh, 399 00:22:46,680 --> 00:22:49,040 Speaker 1: maybe we shouldn't be surprised the way this worked out though. 400 00:22:49,040 --> 00:22:52,280 Speaker 1: I mean this has been the show biz president right right. 401 00:22:52,359 --> 00:22:56,160 Speaker 1: And and another factor related to to talk shows that 402 00:22:56,280 --> 00:23:01,679 Speaker 1: I'm told um, Sean Hannity, the Fox News host, Uh, 403 00:23:01,760 --> 00:23:05,080 Speaker 1: it's a confidante of Trump and it endorseds and I'm 404 00:23:05,119 --> 00:23:10,320 Speaker 1: told it was lobbying hard for Trump to endorse UM. 405 00:23:10,720 --> 00:23:13,560 Speaker 1: And you know, perhaps you know, Trump gave some credence 406 00:23:13,560 --> 00:23:16,760 Speaker 1: to to Sean Hannity as well. Primaries May seventeen, as 407 00:23:16,760 --> 00:23:20,399 Speaker 1: you remind us, Mark the President, former President Trump joined 408 00:23:20,400 --> 00:23:23,719 Speaker 1: by Ted Budd, who he endorsed in North Carolina. How 409 00:23:23,720 --> 00:23:27,160 Speaker 1: close is that race? Uh, there's pulls out that show 410 00:23:27,280 --> 00:23:30,040 Speaker 1: Bud is is sort of taking a big lead in 411 00:23:30,040 --> 00:23:34,520 Speaker 1: that race. Um. He started the race behind um former 412 00:23:34,600 --> 00:23:38,320 Speaker 1: Governor Pat mccruary. Um. But the last couple of polls 413 00:23:38,400 --> 00:23:42,240 Speaker 1: will come out Jill Budd increasing his his advantage. And 414 00:23:42,480 --> 00:23:44,800 Speaker 1: a lot of that's due to a lot of money 415 00:23:44,840 --> 00:23:46,760 Speaker 1: that's being spent by the Club for Growth, which is 416 00:23:46,840 --> 00:23:50,240 Speaker 1: endorsed Budd, and h is running at all kinds of ads, 417 00:23:50,600 --> 00:23:53,280 Speaker 1: you know, promoting Bud, you know, reminding voters that he's 418 00:23:53,320 --> 00:23:56,480 Speaker 1: the Trump endorsed candidate and trying to paint McCrory as 419 00:23:56,560 --> 00:24:00,040 Speaker 1: as a liberal. UM. And it is interesting because of 420 00:24:00,160 --> 00:24:03,639 Speaker 1: the rally and Selma was essentially for Bud but Trump 421 00:24:03,680 --> 00:24:09,119 Speaker 1: kind of unendor how true. Look, this is what people 422 00:24:09,119 --> 00:24:12,400 Speaker 1: are leading with today, uh markets. But you point out 423 00:24:12,440 --> 00:24:15,399 Speaker 1: and I think this is you know where you're leading 424 00:24:15,400 --> 00:24:18,680 Speaker 1: with that if if the odds nomination or endorsement, I 425 00:24:18,680 --> 00:24:22,480 Speaker 1: should say, is the most consequential of Trump this midterm 426 00:24:22,480 --> 00:24:25,320 Speaker 1: election season. It's the outcome of that race that's going 427 00:24:25,359 --> 00:24:27,920 Speaker 1: to have say the most about the Trump brand here 428 00:24:28,400 --> 00:24:31,800 Speaker 1: in this mid term election season, right right? I mean 429 00:24:31,800 --> 00:24:34,440 Speaker 1: if if if Dr Oz does not in fact, when 430 00:24:34,920 --> 00:24:36,879 Speaker 1: the Republican primary, there will be a lot of folks 431 00:24:36,880 --> 00:24:40,240 Speaker 1: who say, well, you know that the Trump brand, you know, 432 00:24:40,280 --> 00:24:42,880 Speaker 1: the Trump influence wasn't strong enough to get him over 433 00:24:42,920 --> 00:24:45,560 Speaker 1: the finish line and to overcome whatever deficiencies he might 434 00:24:45,600 --> 00:24:48,400 Speaker 1: have as a candidate. UM. It's sort of the risk 435 00:24:48,480 --> 00:24:50,520 Speaker 1: that the President Trump is taking when he waves into 436 00:24:50,560 --> 00:24:53,160 Speaker 1: these high prol fraud races where the winner isn't clear. 437 00:24:53,680 --> 00:24:55,600 Speaker 1: A lot of times Trump will endorse in races where 438 00:24:55,640 --> 00:24:58,600 Speaker 1: there's either no opposition or he's endorsing someone who just 439 00:24:58,640 --> 00:25:00,639 Speaker 1: can't lose and he can claim credit for the victory, 440 00:25:00,680 --> 00:25:04,040 Speaker 1: but um, if dr Oz loses, There'll be questions about 441 00:25:04,040 --> 00:25:07,840 Speaker 1: whether you know, Trump's influence is as strong as as 442 00:25:07,880 --> 00:25:09,600 Speaker 1: we think it is in the Republican Party, and all 443 00:25:09,600 --> 00:25:12,240 Speaker 1: the Republicans who are waiting to find out if he's 444 00:25:12,240 --> 00:25:15,719 Speaker 1: going to run for president here might act sooner than 445 00:25:15,800 --> 00:25:18,440 Speaker 1: later if they see that chink in the armor coming 446 00:25:18,560 --> 00:25:20,760 Speaker 1: up here. Mark, did you get to this rally? I 447 00:25:20,760 --> 00:25:22,320 Speaker 1: know you went to the last one we talked about. 448 00:25:22,320 --> 00:25:24,919 Speaker 1: Were you went this one in North Carolina? I was 449 00:25:25,000 --> 00:25:26,879 Speaker 1: at Soma, and like I said, it was it was 450 00:25:26,920 --> 00:25:29,399 Speaker 1: somewhat odd because you know we were there, you know, 451 00:25:30,119 --> 00:25:33,960 Speaker 1: essentially to write a story about, you know, what Trump 452 00:25:34,000 --> 00:25:37,480 Speaker 1: was doing to support his endorse candidates in North Carolina, 453 00:25:37,600 --> 00:25:40,119 Speaker 1: to write about the dr roes. They put you in 454 00:25:40,160 --> 00:25:43,720 Speaker 1: a cage or anything. Well, you're actually the media pen 455 00:25:43,800 --> 00:25:46,920 Speaker 1: at the sounds better that way. Great to talk to 456 00:25:46,960 --> 00:25:49,840 Speaker 1: you again, Mark. Find his column on the terminal. Mark Niquett, 457 00:25:49,960 --> 00:25:53,240 Speaker 1: National Political Reporter. You can read about both of those races, 458 00:25:53,280 --> 00:25:56,200 Speaker 1: Trump backs Dr Oz and Key Senate endorsement for mid 459 00:25:56,320 --> 00:25:59,880 Speaker 1: terms on the Bloomberg will reassemble the panel next, Rick 460 00:25:59,920 --> 00:26:06,280 Speaker 1: and Genie, This is Bloomberg you're listening to Bloomberg. You 461 00:26:06,400 --> 00:26:13,160 Speaker 1: sound on with Joe Matthew on Bloomberg Radio. So Donald 462 00:26:13,200 --> 00:26:16,400 Speaker 1: Trump picks doctor Oz. I suppose it's only the last 463 00:26:16,440 --> 00:26:18,720 Speaker 1: name that he needs to worry about on the ballot, right, 464 00:26:18,760 --> 00:26:22,240 Speaker 1: I just I wonder how many of doctor oz supporters 465 00:26:22,280 --> 00:26:26,440 Speaker 1: know his first name. A moment, let's reassemble the panel 466 00:26:26,480 --> 00:26:28,640 Speaker 1: for their take on this and a couple of other 467 00:26:28,680 --> 00:26:31,320 Speaker 1: stories we're gonna get into right now. Bloomberg Politics contributors 468 00:26:31,359 --> 00:26:35,000 Speaker 1: Jeanie Chanzano and Rick Davis on the Fastest Hour in Politics. Rick, 469 00:26:35,040 --> 00:26:39,040 Speaker 1: you've run campaigns and you live polls. Are they the 470 00:26:39,080 --> 00:26:42,480 Speaker 1: same as TV ratings? Well? Look, I mean name idea 471 00:26:42,480 --> 00:26:45,119 Speaker 1: initially is a very important thing, especially right now in 472 00:26:45,200 --> 00:26:48,040 Speaker 1: these early polls. That's pretty much all they're picking up. Now. 473 00:26:48,119 --> 00:26:50,199 Speaker 1: You know, there's been millions of dollars of TV that 474 00:26:50,280 --> 00:26:53,760 Speaker 1: have been placed in the Pennsylvania Senate race, and I 475 00:26:53,800 --> 00:26:57,400 Speaker 1: would say those are now sort of taking over whatever 476 00:26:57,440 --> 00:27:00,840 Speaker 1: your public images based on, you know, the initial name 477 00:27:00,880 --> 00:27:03,680 Speaker 1: I d you had so early on. Yeah, absolutely gives 478 00:27:03,680 --> 00:27:07,159 Speaker 1: you credibility, helps you raise money, um, you know, introduces 479 00:27:07,200 --> 00:27:10,080 Speaker 1: you to the electric But sometimes you have to worry 480 00:27:10,080 --> 00:27:13,639 Speaker 1: about that because uh not all name I D is 481 00:27:13,680 --> 00:27:16,760 Speaker 1: good name I D. And when you're known for you know, 482 00:27:16,880 --> 00:27:19,800 Speaker 1: daytime TV, that's okay, I guess, but if your friends 483 00:27:19,800 --> 00:27:23,720 Speaker 1: are Michelle Obama and Oprah that you may have a 484 00:27:23,760 --> 00:27:27,040 Speaker 1: kind of awkward conversation with Republican primary voters or some 485 00:27:27,080 --> 00:27:30,360 Speaker 1: of the issues that that Mark Dequette mentioned. Genie, does 486 00:27:30,359 --> 00:27:33,480 Speaker 1: this Donald Trump endorsement actually helped Dr Oz in the end? 487 00:27:34,320 --> 00:27:36,800 Speaker 1: I think it absolutely helps, And it is just fascinating, 488 00:27:36,800 --> 00:27:38,760 Speaker 1: as Mark mentioned, you know, and Rick was just talking 489 00:27:38,760 --> 00:27:41,600 Speaker 1: about it's an absolute positive in terms of name recognition 490 00:27:41,600 --> 00:27:43,359 Speaker 1: to have been on TV and all those things. But 491 00:27:43,440 --> 00:27:46,359 Speaker 1: on the flip side, he has a long history of 492 00:27:46,480 --> 00:27:49,040 Speaker 1: statements and relationships that can come back to haunt him 493 00:27:49,040 --> 00:27:51,919 Speaker 1: in a Republican primary and miles of tape, Genie, I mean, 494 00:27:51,960 --> 00:27:54,040 Speaker 1: they can start making those commercials right now, right well, 495 00:27:54,080 --> 00:27:57,640 Speaker 1: I guess McCormick already is that's right. They can absolutely 496 00:27:57,680 --> 00:27:59,760 Speaker 1: do that and and voters are going to hear right 497 00:27:59,840 --> 00:28:02,199 Speaker 1: for oss Mouth, I mean, this is the thing he 498 00:28:02,320 --> 00:28:04,520 Speaker 1: can't escape that we used to talk about this people 499 00:28:04,520 --> 00:28:06,640 Speaker 1: in office they have to worry about defending their votes. 500 00:28:06,920 --> 00:28:08,960 Speaker 1: He has to worry about defending what he said five 501 00:28:09,040 --> 00:28:11,920 Speaker 1: years ago on Oprah's TV show. That's a different thing. 502 00:28:12,000 --> 00:28:14,159 Speaker 1: And there's one guy who understands what that's like. His 503 00:28:14,240 --> 00:28:16,280 Speaker 1: name is Donald Trump, right, Rick. I just wonder how 504 00:28:16,359 --> 00:28:19,040 Speaker 1: much of this sort of show biz connection is what 505 00:28:19,119 --> 00:28:20,800 Speaker 1: led to this. Remember we used to hear when he 506 00:28:20,840 --> 00:28:24,760 Speaker 1: was picking cabinet officials or or preparing to make a nomination, 507 00:28:24,800 --> 00:28:27,679 Speaker 1: he would handle it like a central casting decision, right 508 00:28:27,680 --> 00:28:29,840 Speaker 1: he you know, Rex Tillerson, he looks like a he 509 00:28:29,920 --> 00:28:32,920 Speaker 1: looks like a state secretary. Let's let's let's make him 510 00:28:33,000 --> 00:28:35,080 Speaker 1: the job or the secretary of Defense, you know, the 511 00:28:35,119 --> 00:28:39,960 Speaker 1: mad dog. This would fill the blank here for Donald 512 00:28:40,000 --> 00:28:42,560 Speaker 1: Trump when it comes to a senator. Now, yeah, it 513 00:28:42,680 --> 00:28:44,880 Speaker 1: was an open secret in Washington that if you wanted 514 00:28:44,880 --> 00:28:47,200 Speaker 1: to actually have a conversation directly with Donald Trump, you 515 00:28:47,320 --> 00:28:49,400 Speaker 1: get on Fox and you know, you wouldn't do an interview. 516 00:28:50,120 --> 00:28:52,760 Speaker 1: And whether it was for influence or whether you were 517 00:28:52,760 --> 00:28:55,640 Speaker 1: trying to get a job, TV was the medium that 518 00:28:55,720 --> 00:28:58,560 Speaker 1: he learned from. Uh. You know, but I would say 519 00:28:58,560 --> 00:29:00,680 Speaker 1: it's a little odd because you know, when you look 520 00:29:00,720 --> 00:29:06,240 Speaker 1: at the confluence of the Trump inc Around um David McCormick, 521 00:29:06,280 --> 00:29:09,640 Speaker 1: you know, Stephen Miller, Hope Hicks, you know these folks, Uh, 522 00:29:09,800 --> 00:29:12,440 Speaker 1: you really, you really got to believe that? Wow, I 523 00:29:12,440 --> 00:29:15,200 Speaker 1: mean it must be an inside deal where Trump has said, 524 00:29:15,240 --> 00:29:18,120 Speaker 1: go work for this guy because we're going to help him. Uh. 525 00:29:18,160 --> 00:29:20,680 Speaker 1: For Trump to cut the legs off of his own 526 00:29:20,720 --> 00:29:24,680 Speaker 1: people by endorsing someone who they are all working against 527 00:29:25,560 --> 00:29:28,640 Speaker 1: is actually quite unusual for Donald Trump. Well, I'll tell 528 00:29:28,680 --> 00:29:30,640 Speaker 1: you what. We'll see how this goes. Do you agree 529 00:29:30,680 --> 00:29:33,000 Speaker 1: Jennie with Mark though, that this is the most consequential 530 00:29:33,240 --> 00:29:36,200 Speaker 1: of the picks so far? You know, I think this 531 00:29:36,240 --> 00:29:39,000 Speaker 1: one is because you know, you had two people and 532 00:29:39,200 --> 00:29:41,400 Speaker 1: either one of them, as Rick was just talking about, 533 00:29:41,440 --> 00:29:44,480 Speaker 1: could have gotten Trump's endorsement. You know. The other one, 534 00:29:44,480 --> 00:29:46,840 Speaker 1: of course we're all watching, is what happens in Wyoming. 535 00:29:46,920 --> 00:29:50,320 Speaker 1: There's no surprise who he endorsed there. I think that's incredibly, 536 00:29:50,840 --> 00:29:53,680 Speaker 1: you know, incredibly consequential in terms of what it says 537 00:29:53,680 --> 00:29:57,160 Speaker 1: about his ability to you know, move the primary voters, 538 00:29:57,200 --> 00:29:59,440 Speaker 1: but in terms of you know, picking a winner, this 539 00:29:59,480 --> 00:30:01,240 Speaker 1: one is certainly going to be it. I want to 540 00:30:01,240 --> 00:30:03,640 Speaker 1: ask you both about what Joe Biden was up to today, 541 00:30:03,680 --> 00:30:06,480 Speaker 1: not just speaking with the Prime Minister of India, but 542 00:30:06,560 --> 00:30:10,160 Speaker 1: he held an event on a gun violence on curbing 543 00:30:10,160 --> 00:30:12,720 Speaker 1: gun violence, specifically as I read here on the terminal, 544 00:30:12,800 --> 00:30:16,760 Speaker 1: vowing federal prosecution for what they call ghost guns with 545 00:30:16,880 --> 00:30:19,400 Speaker 1: new rules that he announced today. He spoke about it 546 00:30:19,440 --> 00:30:22,800 Speaker 1: with the Vice President at his side in the Rose Garden. 547 00:30:22,840 --> 00:30:26,960 Speaker 1: Here's President Biden. Law enforcement is sounded the alarm our 548 00:30:27,000 --> 00:30:30,880 Speaker 1: communities are paying the price. I'm were acting today, the 549 00:30:31,000 --> 00:30:34,160 Speaker 1: United States Department of Justice and making it illegal for 550 00:30:34,240 --> 00:30:37,160 Speaker 1: a business to manufacture one of these kids without a 551 00:30:37,240 --> 00:30:42,640 Speaker 1: serial number. Illegal, these ghost gun kids. I I had 552 00:30:42,680 --> 00:30:44,720 Speaker 1: no idea how easy these were. They even had one 553 00:30:44,800 --> 00:30:47,160 Speaker 1: up on the the stairs there with him. A little 554 00:30:47,200 --> 00:30:49,680 Speaker 1: table was set up and it looks like a toy gun. 555 00:30:49,840 --> 00:30:51,680 Speaker 1: Right here are the parts you put it together, He says, 556 00:30:51,720 --> 00:30:54,160 Speaker 1: this thing is real. As I read, I learned a 557 00:30:54,160 --> 00:30:55,800 Speaker 1: lot about this today. I guess a lot of people 558 00:30:55,800 --> 00:30:58,120 Speaker 1: probably did. You can you can make one of these things. 559 00:30:58,120 --> 00:30:59,800 Speaker 1: You can open the box and be shooting it within 560 00:31:00,000 --> 00:31:02,640 Speaker 1: any minutes. Uh, It's not something out of a movie. 561 00:31:02,640 --> 00:31:04,840 Speaker 1: This has become a much bigger part of the of 562 00:31:04,880 --> 00:31:10,480 Speaker 1: the gun industry, and these rules would also force sellers 563 00:31:10,760 --> 00:31:14,920 Speaker 1: like even pawn shop resellers anybody to actually put serial 564 00:31:15,000 --> 00:31:17,360 Speaker 1: numbers on these guns, because that's what they are missing, 565 00:31:17,880 --> 00:31:21,320 Speaker 1: is a serial number, and it makes them impossible to trace. Rick. 566 00:31:21,440 --> 00:31:23,880 Speaker 1: This is not a coincidence that we're getting into this today. 567 00:31:23,920 --> 00:31:26,600 Speaker 1: Crime was a massive issue for Republicans in some of 568 00:31:26,640 --> 00:31:28,720 Speaker 1: the primaries and some of the state elections that we've 569 00:31:28,720 --> 00:31:31,000 Speaker 1: already seen. We know that it's going to be a 570 00:31:31,080 --> 00:31:35,920 Speaker 1: major theme of the elections going into November. Here, suddenly 571 00:31:35,960 --> 00:31:39,200 Speaker 1: gun control is on the White House agenda or or 572 00:31:39,560 --> 00:31:43,800 Speaker 1: is should we term this as crime control? I think 573 00:31:43,840 --> 00:31:46,800 Speaker 1: that I was mostly disappointed that the Vice President didn't 574 00:31:46,800 --> 00:31:48,880 Speaker 1: show up today with a T shirt that says ghost 575 00:31:48,960 --> 00:31:52,200 Speaker 1: gun busters who you want to call um? But you know, 576 00:31:52,280 --> 00:31:54,160 Speaker 1: I didn't get my way on that. But this is 577 00:31:54,200 --> 00:31:57,880 Speaker 1: an important issue. Uh. Communities are ravaged by violent crime. 578 00:31:58,160 --> 00:32:02,200 Speaker 1: UH murders and the sides are way up. People's access 579 00:32:02,240 --> 00:32:07,760 Speaker 1: to two guns, especially these untraceable weapons have exploded in 580 00:32:07,800 --> 00:32:10,800 Speaker 1: recent years, a huge problem for the police force. And 581 00:32:10,840 --> 00:32:12,960 Speaker 1: so yeah, I mean, like when you look at the polling, Dad, 582 00:32:13,000 --> 00:32:15,440 Speaker 1: it's pretty clear people think their communities are unsafe and 583 00:32:15,480 --> 00:32:17,880 Speaker 1: they want somebody to do something about it. The problem 584 00:32:17,880 --> 00:32:20,160 Speaker 1: that that Biden has is he's got half his party 585 00:32:20,160 --> 00:32:22,920 Speaker 1: out there screaming, defund the police and you know, try 586 00:32:22,960 --> 00:32:25,280 Speaker 1: to make it harder to to actually take these things 587 00:32:25,280 --> 00:32:27,760 Speaker 1: off the street. And now he's going to take this 588 00:32:27,760 --> 00:32:31,000 Speaker 1: this position that's going to actually close off his his 589 00:32:31,160 --> 00:32:34,880 Speaker 1: access to people who are more centrist and right wing, um, 590 00:32:34,920 --> 00:32:37,560 Speaker 1: you know, who want want free access to guns. Why 591 00:32:37,680 --> 00:32:39,760 Speaker 1: this is an issue I don't understand it amongst the 592 00:32:39,760 --> 00:32:43,000 Speaker 1: gun community, because it's really intolerable to have this kind 593 00:32:43,040 --> 00:32:44,760 Speaker 1: of a weapon on the street. Where, yeah, how did 594 00:32:44,800 --> 00:32:48,000 Speaker 1: you interpret this, Genie. The timing of this event today, 595 00:32:48,000 --> 00:32:50,360 Speaker 1: and he's getting to the crime issue but also getting 596 00:32:50,360 --> 00:32:52,320 Speaker 1: to the issue of gun control, and so you know, 597 00:32:52,360 --> 00:32:55,880 Speaker 1: Republicans are already screaming about this in opposition. They are, 598 00:32:55,960 --> 00:32:58,400 Speaker 1: and you know we heard in the Katangi Brown Jackson 599 00:32:58,480 --> 00:33:00,680 Speaker 1: hearings that this is one of the key issues that 600 00:33:00,720 --> 00:33:03,160 Speaker 1: Republicans are going to run on, that Democrats are weak 601 00:33:03,200 --> 00:33:05,880 Speaker 1: on crime. The President in his State of the Union 602 00:33:05,920 --> 00:33:07,920 Speaker 1: and again today and we're gonna hear more about it 603 00:33:07,960 --> 00:33:10,600 Speaker 1: this week. Are trying to stand up and say we 604 00:33:10,680 --> 00:33:14,040 Speaker 1: are addressing this issue. Of course, it is telling he's 605 00:33:14,080 --> 00:33:17,480 Speaker 1: doing this via executive order. He can't ban these sales. 606 00:33:17,560 --> 00:33:19,760 Speaker 1: He can't ban the distribution. That's got to be done 607 00:33:19,760 --> 00:33:21,959 Speaker 1: by Congress. But Congress can't get its act together and 608 00:33:22,000 --> 00:33:24,760 Speaker 1: do that. So this is what he has left to do. 609 00:33:25,160 --> 00:33:28,440 Speaker 1: And Republicans are going to of course cry foul on this, 610 00:33:28,720 --> 00:33:31,840 Speaker 1: and Democrats aren't going to be satisfied because it doesn't 611 00:33:31,840 --> 00:33:34,440 Speaker 1: go as far as they would like it to do. Again, 612 00:33:34,480 --> 00:33:37,040 Speaker 1: that requires an act of Congress. He can't get there. 613 00:33:37,320 --> 00:33:40,520 Speaker 1: And you saw the latest CBS poll, Crime the third 614 00:33:40,560 --> 00:33:43,000 Speaker 1: most important issue on voters minds as they think about 615 00:33:43,040 --> 00:33:45,160 Speaker 1: November now. But if they're gonna be thinking about gun 616 00:33:45,160 --> 00:33:46,840 Speaker 1: control and not crime, then what was the point of 617 00:33:46,840 --> 00:33:49,360 Speaker 1: that event? Rick? You know, it's it's hard for me 618 00:33:49,440 --> 00:33:51,280 Speaker 1: to really understand it. I mean, like if I were 619 00:33:51,320 --> 00:33:53,560 Speaker 1: doing Crime Week at the White House, I would do 620 00:33:53,640 --> 00:33:56,920 Speaker 1: this event in Chicago or Miami or someplace that has 621 00:33:56,920 --> 00:33:59,400 Speaker 1: a high crime rate, you know, where he's tackling this, 622 00:33:59,520 --> 00:34:01,120 Speaker 1: and then go out and campaign it for a while. 623 00:34:01,200 --> 00:34:04,800 Speaker 1: This is ready made for areas outside of Washington who 624 00:34:04,800 --> 00:34:06,520 Speaker 1: are going to get all hung up on the gun 625 00:34:06,600 --> 00:34:09,439 Speaker 1: rights and Second Amendment and things like that. Get out 626 00:34:09,440 --> 00:34:14,160 Speaker 1: of Washington. Honestly, this, this event today made absolutely no 627 00:34:14,239 --> 00:34:17,880 Speaker 1: sense in the current dialogue of trying to create issues 628 00:34:17,920 --> 00:34:19,720 Speaker 1: that will help him in the mid terms. We're spending 629 00:34:19,719 --> 00:34:22,160 Speaker 1: time with Rick and Jennie our signature panel on Sound 630 00:34:22,239 --> 00:34:25,080 Speaker 1: on Monday edition. Tomorrow, we're gonna be talking at this 631 00:34:25,160 --> 00:34:28,280 Speaker 1: time about inflation. In fact, we're gonna start talking about 632 00:34:28,280 --> 00:34:30,120 Speaker 1: it at eight thirty in the morning with the CPI 633 00:34:30,239 --> 00:34:31,480 Speaker 1: on the way of The White House is trying to 634 00:34:31,520 --> 00:34:33,959 Speaker 1: get ahead of this because everyone knows this is gonna 635 00:34:34,000 --> 00:34:36,399 Speaker 1: be a tough number, and inflation has of course been 636 00:34:36,480 --> 00:34:39,760 Speaker 1: driving infest rates higher and driving the conversation honestly about 637 00:34:39,760 --> 00:34:43,359 Speaker 1: politics and the economy in tandem. Now for months. I 638 00:34:43,440 --> 00:34:45,960 Speaker 1: was blown away to here today the White House Press 639 00:34:45,960 --> 00:34:51,719 Speaker 1: Secretary Jen Saki actually illustrating the difference genie between headline 640 00:34:51,760 --> 00:34:56,200 Speaker 1: inflation and core inflation in a briefing that is made 641 00:34:56,239 --> 00:34:59,920 Speaker 1: for regular people who are not economists. If this is 642 00:35:00,080 --> 00:35:01,839 Speaker 1: what it has come to, how bad is this new 643 00:35:01,880 --> 00:35:03,920 Speaker 1: is gonna be? To more it's going to be, as 644 00:35:03,920 --> 00:35:05,600 Speaker 1: some people are saying, it looks like it's going to 645 00:35:05,719 --> 00:35:08,520 Speaker 1: be a doozy. They know that they're trying to prepare 646 00:35:08,560 --> 00:35:11,279 Speaker 1: for it, and it is head scratching that that is 647 00:35:11,320 --> 00:35:14,279 Speaker 1: how they chose to address it, because that is not 648 00:35:14,320 --> 00:35:17,200 Speaker 1: going to make sense to you know, about of the 649 00:35:17,239 --> 00:35:20,680 Speaker 1: population if they can even stomach listening to the explanation. 650 00:35:20,760 --> 00:35:22,759 Speaker 1: I know, I teach, and it's it's you know, makes 651 00:35:22,760 --> 00:35:26,279 Speaker 1: people fall asleep. Rick, I can't imagine that a press 652 00:35:26,320 --> 00:35:28,719 Speaker 1: secretary has gone that far before. But well, look, I 653 00:35:28,719 --> 00:35:30,920 Speaker 1: want you to you look at the core, she says, 654 00:35:30,960 --> 00:35:33,400 Speaker 1: look at the difference in that headline number, and remember 655 00:35:33,719 --> 00:35:36,839 Speaker 1: the putin price hike. Well, these are these are people 656 00:35:36,840 --> 00:35:39,200 Speaker 1: who just put out a budget like two weeks ago 657 00:35:39,360 --> 00:35:43,359 Speaker 1: that had inflation at two point three percent. So they 658 00:35:43,360 --> 00:35:46,200 Speaker 1: are in denial, all right. They come to the conclusion, 659 00:35:46,280 --> 00:35:48,640 Speaker 1: from what I can tell, is that they cannot win 660 00:35:48,680 --> 00:35:51,200 Speaker 1: on this issue. So never talk about it, don't say 661 00:35:51,200 --> 00:35:53,200 Speaker 1: you're trying to fix it, don't try to tackle it 662 00:35:53,239 --> 00:35:56,759 Speaker 1: in public. Uh, and just try to confuse people by 663 00:35:56,800 --> 00:36:00,080 Speaker 1: these kind of crazy distinctions that are meaningless. Uh. You 664 00:36:00,080 --> 00:36:02,560 Speaker 1: know when Jen's Hoki does this from the podium, I'll 665 00:36:02,560 --> 00:36:05,200 Speaker 1: be honest with you, I think one day they're gonna 666 00:36:05,200 --> 00:36:07,719 Speaker 1: come with this idea that hey, we actually have to 667 00:36:07,760 --> 00:36:10,279 Speaker 1: address this issue. It's number one in the models of 668 00:36:10,360 --> 00:36:13,040 Speaker 1: American voters and they have to have a plan. I 669 00:36:13,080 --> 00:36:15,440 Speaker 1: know Brian Dees would argue with you. He'd say, but Brick, 670 00:36:15,480 --> 00:36:17,400 Speaker 1: we pulled in C E O S. We got the 671 00:36:17,440 --> 00:36:20,160 Speaker 1: supply chain. We're trying to get the ports together. This 672 00:36:20,239 --> 00:36:24,080 Speaker 1: is a global problem. I'd say, food and gas. Until 673 00:36:24,080 --> 00:36:26,960 Speaker 1: you do something about the prices associated with those increases, 674 00:36:27,200 --> 00:36:30,000 Speaker 1: you're not even in the game. What's the answer, Genie, Well, 675 00:36:30,040 --> 00:36:32,799 Speaker 1: they have to stop trying to blame Putin because the 676 00:36:32,840 --> 00:36:36,200 Speaker 1: problem is people know this started before the war started, 677 00:36:36,239 --> 00:36:39,640 Speaker 1: and it's beyond gas and oil. It's beyond filling up 678 00:36:39,640 --> 00:36:42,240 Speaker 1: your gas tank. That's bad enough, but it's too food 679 00:36:42,280 --> 00:36:45,160 Speaker 1: and everything else. So I think they have to be honest. 680 00:36:45,160 --> 00:36:47,799 Speaker 1: And you know they have taken steps. They can't do 681 00:36:47,840 --> 00:36:50,040 Speaker 1: a lot, but they've taken some steps. They need to 682 00:36:50,040 --> 00:36:52,680 Speaker 1: talk about those and do more, but they can't avoid 683 00:36:52,719 --> 00:36:54,880 Speaker 1: the issue. What a pleasure to spend time with Rick 684 00:36:54,960 --> 00:36:57,960 Speaker 1: and Genie our panel on sound On and great to 685 00:36:58,000 --> 00:36:59,880 Speaker 1: be back. Thanks to both of you for your insight. 686 00:37:00,120 --> 00:37:05,000 Speaker 1: With apologies to Ray Parker Junior, Rick Davis, I'm Joe 687 00:37:05,040 --> 00:37:07,120 Speaker 1: Matthew in New York. I'll meet you back here tomorrow. 688 00:37:07,160 --> 00:37:09,280 Speaker 1: On Balance of Power. This is Bloomberg