1 00:00:00,520 --> 00:00:03,320 Speaker 1: Why from our nations this budget thing is going to 2 00:00:03,400 --> 00:00:06,120 Speaker 1: do nothing space forts. I still think it's interesting President 3 00:00:06,160 --> 00:00:09,840 Speaker 1: Trump not playing his cards yet. Headlines Policy and politics 4 00:00:09,880 --> 00:00:15,160 Speaker 1: colliding Floomberg Sound on the insidings, the influencers, the insides. 5 00:00:15,280 --> 00:00:17,520 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,560 --> 00:00:20,680 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,720 --> 00:00:23,520 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,720 --> 00:00:26,279 Speaker 1: Team Trump. The present has to do exactly what people 9 00:00:26,280 --> 00:00:28,040 Speaker 1: sent him here to do, which is to get it done. 10 00:00:28,400 --> 00:00:32,960 Speaker 1: This is Bloomberg Sound On with Heaven Shirley on Floomberg 11 00:00:34,200 --> 00:00:36,640 Speaker 1: and one oh five point seven fm h D. Two 12 00:00:37,159 --> 00:00:42,720 Speaker 1: Democrats demanding more after White House concessions on stimulus ants. 13 00:00:43,440 --> 00:00:46,560 Speaker 1: Secretary of State Mike Pompeo urging US app stores to 14 00:00:46,680 --> 00:00:50,680 Speaker 1: bar untrusted Chinese apps. We dive into the specifics plused 15 00:00:50,720 --> 00:00:54,680 Speaker 1: our very own David Weston's exclusive interview with Dr Fauci. 16 00:00:54,840 --> 00:00:56,600 Speaker 1: You can hear it right here, folks, lots to get 17 00:00:56,640 --> 00:00:59,960 Speaker 1: through foreign policy on my radar. Secretary of State Mike 18 00:01:00,040 --> 00:01:04,880 Speaker 1: Pompeo urging that businesses cut ties with Chinese tech companies 19 00:01:04,880 --> 00:01:07,600 Speaker 1: and apps. We're gonna dive into that coming on up. 20 00:01:07,600 --> 00:01:12,280 Speaker 1: It comes, of course following the TikTok developments. But we're 21 00:01:12,280 --> 00:01:15,480 Speaker 1: gonna start with my good buddy Greg Gerro. Greg, of 22 00:01:15,520 --> 00:01:20,880 Speaker 1: course is Bloomberg Government Elections reporter. Uh, and no one 23 00:01:20,959 --> 00:01:26,440 Speaker 1: knows all of the ins and outs of virtually every district, rural, urban. 24 00:01:27,000 --> 00:01:29,399 Speaker 1: He knows. He's like he's like a walking map. So'm 25 00:01:29,480 --> 00:01:34,440 Speaker 1: I always enjoy talking to Greg. All right, Greg, you know, 26 00:01:34,640 --> 00:01:38,600 Speaker 1: house incumbents from both parties were defeated last night in 27 00:01:38,720 --> 00:01:41,640 Speaker 1: some primaries, and I was looking at the numbers on 28 00:01:41,680 --> 00:01:45,880 Speaker 1: the Bloomberg terminal. Everyone was talking about Lacey Clay in particular, 29 00:01:45,920 --> 00:01:48,960 Speaker 1: who has represented St. Louis for the past twenty years, 30 00:01:49,440 --> 00:01:54,360 Speaker 1: following his namesake father's thirty two years in the same seed. Uh. 31 00:01:54,600 --> 00:01:57,200 Speaker 1: But then you've got losses by Steve Watkins, a Republican 32 00:01:57,280 --> 00:02:00,800 Speaker 1: from Kansas. Uh, You've got it was. It was a 33 00:02:00,840 --> 00:02:05,320 Speaker 1: really interesting night. Can we engauge anything from the challengers 34 00:02:05,400 --> 00:02:08,840 Speaker 1: defeating two more house numbers and primaries last night? Greg, 35 00:02:08,880 --> 00:02:11,000 Speaker 1: I mean, what do you make of this? Well, it's 36 00:02:11,040 --> 00:02:14,239 Speaker 1: sifinitely an above average number of incumbent losses in primaries 37 00:02:14,240 --> 00:02:16,359 Speaker 1: were up to seven right now, which is the most 38 00:02:16,960 --> 00:02:20,120 Speaker 1: primary losses by incumbents in a year without redistricting since 39 00:02:21,560 --> 00:02:24,639 Speaker 1: four but still the overwhelming majority of incumbents get re 40 00:02:24,720 --> 00:02:27,239 Speaker 1: elected in primaries as well, the overwhelming majority get re 41 00:02:27,320 --> 00:02:29,480 Speaker 1: elected in the general election. We had a lot of 42 00:02:30,120 --> 00:02:32,320 Speaker 1: for there are a lot of different reasons why these 43 00:02:32,320 --> 00:02:37,079 Speaker 1: seven incumbents have been defeated, some personal, some legal, some political, 44 00:02:37,200 --> 00:02:40,799 Speaker 1: some mix thereof, but it's definitely an above average number 45 00:02:40,800 --> 00:02:43,440 Speaker 1: of incumbent losses we've seen. And then you've got this 46 00:02:43,440 --> 00:02:47,919 Speaker 1: whole situation in Tennessee, uh, President Trump going all into aid, 47 00:02:48,000 --> 00:02:51,320 Speaker 1: Bill Haggerty, he is the former ambassador in Japan, and 48 00:02:51,360 --> 00:02:55,400 Speaker 1: the Republican race for the seat of retiring Senator Lamar Alexander. 49 00:02:55,520 --> 00:02:58,320 Speaker 1: I don't think most people are focusing on these primaries, 50 00:02:58,320 --> 00:03:00,800 Speaker 1: you know. There there's so much other news going on. 51 00:03:00,880 --> 00:03:03,040 Speaker 1: But I bring it up because I'm wondering if it 52 00:03:03,160 --> 00:03:06,280 Speaker 1: we could use anything as a crystal ball for the 53 00:03:06,320 --> 00:03:10,839 Speaker 1: down ballot races on November three, especially when you've got 54 00:03:10,880 --> 00:03:13,640 Speaker 1: these fiscal battles on Capitol Hill. We'll talk about that 55 00:03:13,680 --> 00:03:16,120 Speaker 1: coming up too, folks, But I'm beginning with politics tonight 56 00:03:16,760 --> 00:03:19,400 Speaker 1: because everybody wants to know what the lay of the 57 00:03:19,480 --> 00:03:22,400 Speaker 1: Land is gonna be on these down ballot races, especially 58 00:03:23,040 --> 00:03:25,600 Speaker 1: as we're all trying to get through this recovery. Well, 59 00:03:25,800 --> 00:03:27,920 Speaker 1: the math and the Senate in the House, greg is, 60 00:03:27,919 --> 00:03:30,600 Speaker 1: you know better than anybody, is really going to set 61 00:03:30,639 --> 00:03:32,560 Speaker 1: the tone for the policy. So where are we at 62 00:03:32,600 --> 00:03:36,040 Speaker 1: in terms of your crystal ball, Well, it looks like 63 00:03:36,080 --> 00:03:39,200 Speaker 1: the House Democrats are more likely than not to hold 64 00:03:39,240 --> 00:03:41,320 Speaker 1: their majority in the House. They may even increase their 65 00:03:41,360 --> 00:03:44,080 Speaker 1: majority by a few seats. And the Senate map has 66 00:03:44,080 --> 00:03:45,920 Speaker 1: gotten pretty interesting as well. If you asked me a 67 00:03:45,920 --> 00:03:49,440 Speaker 1: few months ago, I just said the Republicans were more 68 00:03:49,480 --> 00:03:52,000 Speaker 1: likely than not to hold their majority, But now I'm 69 00:03:52,000 --> 00:03:55,760 Speaker 1: not so sure. I think Democrats probably have at least 70 00:03:55,840 --> 00:03:58,000 Speaker 1: of flipping the Senate. They need to net gain of 71 00:03:58,080 --> 00:04:01,200 Speaker 1: three or four seats the depending on the outcome of 72 00:04:01,240 --> 00:04:04,760 Speaker 1: the presidential election. Republicans have fifty three Senate seats right now. 73 00:04:05,600 --> 00:04:09,080 Speaker 1: But um, you know one reason why I think Democrats 74 00:04:09,120 --> 00:04:11,720 Speaker 1: and Fortunes are a little bit brighter than they were 75 00:04:11,720 --> 00:04:14,800 Speaker 1: a few months ago is directly tied to the presidential race. 76 00:04:14,840 --> 00:04:17,480 Speaker 1: And we see a much closer relationship than we've had 77 00:04:17,520 --> 00:04:20,920 Speaker 1: ever before in how states vote for president and how 78 00:04:20,920 --> 00:04:23,960 Speaker 1: they vote down ballot for US House and US Senate. 79 00:04:24,160 --> 00:04:26,680 Speaker 1: And so long as the President trails Joe Biden and 80 00:04:26,680 --> 00:04:29,560 Speaker 1: the polls, he's going to make a tougher on Republicans 81 00:04:30,160 --> 00:04:32,479 Speaker 1: to hold that Senate majority and to win back the 82 00:04:32,520 --> 00:04:36,599 Speaker 1: House majority. See. I find this interesting in Iowa because 83 00:04:36,640 --> 00:04:39,360 Speaker 1: I'm I'm obsessed with the Senate race. This is probably 84 00:04:39,400 --> 00:04:43,920 Speaker 1: my my, my, my down ballot obsession. That's really obsession 85 00:04:44,640 --> 00:04:49,680 Speaker 1: for Senator Journey Earnest. What tell me give people a 86 00:04:49,760 --> 00:04:52,799 Speaker 1: lay of the lad because because here's Senator Joanie Earns, 87 00:04:52,800 --> 00:04:57,640 Speaker 1: a veteran uh perceived to be you know, very tapped 88 00:04:57,640 --> 00:05:01,040 Speaker 1: into the Republican leadership. You know, iOS so important in 89 00:05:01,080 --> 00:05:06,760 Speaker 1: presidential politics for Republicans, especially agriculture, ethanol. I mean, you 90 00:05:06,839 --> 00:05:08,440 Speaker 1: name it. She's in the eye of the storm of it. 91 00:05:08,800 --> 00:05:12,920 Speaker 1: And now she finds herself leading against a very progressive challenger, 92 00:05:13,600 --> 00:05:16,360 Speaker 1: but leading not by as much of a margin as 93 00:05:16,400 --> 00:05:18,320 Speaker 1: President Trump. So I kind of set it up. But 94 00:05:18,320 --> 00:05:19,839 Speaker 1: what else do we know about iobam? Why is it 95 00:05:19,960 --> 00:05:22,920 Speaker 1: so so? Why am I so fascinated by it? Why'm 96 00:05:22,920 --> 00:05:25,240 Speaker 1: fascinated by two? And you're not alone? Um, I was 97 00:05:25,240 --> 00:05:29,000 Speaker 1: so fascinating because it's a state that voted pretty strongly 98 00:05:29,040 --> 00:05:33,640 Speaker 1: for Barack Obama and swung heavily to back Donald Trump 99 00:05:33,640 --> 00:05:36,880 Speaker 1: in UM, so it's very much a swing state, even 100 00:05:36,880 --> 00:05:40,400 Speaker 1: though sixteen didn't really bear that out. Um Jooni Earnst 101 00:05:41,160 --> 00:05:43,800 Speaker 1: very strong candidate, but she had the advantage in of 102 00:05:43,920 --> 00:05:46,880 Speaker 1: running as the you know, kind of the out party, 103 00:05:46,920 --> 00:05:49,840 Speaker 1: the challenger. There was an open seat. Tom Harkin was retiring, 104 00:05:49,839 --> 00:05:52,719 Speaker 1: and she was well positioned in a very good Republican year. 105 00:05:52,960 --> 00:05:55,719 Speaker 1: It was the second midterm of Barack Obama and she 106 00:05:55,800 --> 00:05:57,960 Speaker 1: really wrote the waves to victory that year. Now she's 107 00:05:58,000 --> 00:06:00,240 Speaker 1: running as an incumbent in a much more challenge drink 108 00:06:00,279 --> 00:06:05,920 Speaker 1: political environment. Yeah, it really is truthfully fascinating. And for 109 00:06:05,960 --> 00:06:08,920 Speaker 1: that music we've got. I believe we have a couple 110 00:06:09,000 --> 00:06:11,560 Speaker 1: more minutes left on the clock, but so so we'll 111 00:06:11,640 --> 00:06:13,800 Speaker 1: keep going, but I think I have more time. If not, 112 00:06:14,279 --> 00:06:17,000 Speaker 1: I'll get cut off. But that's the magic of live radio. 113 00:06:17,160 --> 00:06:18,880 Speaker 1: Greg draw is on the line. He has a Bloomberg 114 00:06:18,920 --> 00:06:24,520 Speaker 1: Government reporter. We're talking about all of the down ballot races. 115 00:06:24,640 --> 00:06:27,719 Speaker 1: And Teresa Greenfield is the progressive who was challenging Senator 116 00:06:27,800 --> 00:06:31,440 Speaker 1: Joni Ernst Republican UH in the state of Iowa. There's 117 00:06:31,480 --> 00:06:34,280 Speaker 1: this new graphic on the Bloomberg terminal. I mentioned it 118 00:06:34,320 --> 00:06:37,239 Speaker 1: on Bloomberg Surveilance earlier. Today. I'm obsessed with it, Greg, 119 00:06:37,279 --> 00:06:40,280 Speaker 1: because it kind of matches but what you do so 120 00:06:40,320 --> 00:06:42,920 Speaker 1: well on Bloomberg Government where you can really look at 121 00:06:42,960 --> 00:06:44,919 Speaker 1: the map of all the different congressional races and the 122 00:06:44,920 --> 00:06:48,240 Speaker 1: polls and whatnot. But this map kind of takes that approach. 123 00:06:48,640 --> 00:06:51,080 Speaker 1: But the title of it is where the five dred 124 00:06:51,120 --> 00:06:54,000 Speaker 1: and twenty one billion dollars in US Small Business Aid went. 125 00:06:54,520 --> 00:06:56,640 Speaker 1: And that, of course is the last round of the 126 00:06:56,680 --> 00:06:59,640 Speaker 1: economic stimulus. So I'm looking at Iowa and I think 127 00:06:59,680 --> 00:07:02,039 Speaker 1: that the notion is, oh, there's all this money coming 128 00:07:02,040 --> 00:07:04,640 Speaker 1: out of Washington, and the well connected can get all 129 00:07:04,680 --> 00:07:09,120 Speaker 1: of the UH can get all of the loans, you know, 130 00:07:09,160 --> 00:07:11,160 Speaker 1: if they're if they're well connected. But that's really not 131 00:07:11,240 --> 00:07:14,160 Speaker 1: the case because Iowa, you would think, or even Kentucky 132 00:07:14,480 --> 00:07:16,000 Speaker 1: you would think that they would get all the money. 133 00:07:16,560 --> 00:07:19,240 Speaker 1: And yeah, I'm not. It's hard to kind of give 134 00:07:19,280 --> 00:07:22,800 Speaker 1: some references, but in the state of Iowa there were 135 00:07:22,880 --> 00:07:29,760 Speaker 1: only UH. Comparatively speaking, there was forty four thousand, eight 136 00:07:29,800 --> 00:07:32,400 Speaker 1: hundred and forty eight active loans which supports seventy one 137 00:07:32,440 --> 00:07:35,880 Speaker 1: p nine percent of small businesses receiving the loans in 138 00:07:35,920 --> 00:07:38,720 Speaker 1: a state in which six of the job small business 139 00:07:38,800 --> 00:07:43,040 Speaker 1: jobs are supported. You contrast that with like a state 140 00:07:43,040 --> 00:07:46,480 Speaker 1: like California, where there's five hundred and fifties six thousand 141 00:07:46,560 --> 00:07:50,680 Speaker 1: active loans that were made as a result. Clearly California 142 00:07:50,720 --> 00:07:52,360 Speaker 1: is a bigger state. But I say that is, if 143 00:07:52,360 --> 00:07:54,560 Speaker 1: you have some time to play with this map, you 144 00:07:54,600 --> 00:07:57,440 Speaker 1: can track via congressional district how many loans from the 145 00:07:57,520 --> 00:08:01,160 Speaker 1: last round of small businesses went to your congressional district 146 00:08:01,280 --> 00:08:05,000 Speaker 1: or others. How is It's a really long segue into 147 00:08:05,080 --> 00:08:08,800 Speaker 1: my question to you, Greg, how is are these business 148 00:08:08,840 --> 00:08:13,880 Speaker 1: loans and economic uh stimulus playing in these races? Is 149 00:08:13,880 --> 00:08:17,320 Speaker 1: it a local issue or is it a referendum on Trump? Well, 150 00:08:17,320 --> 00:08:19,200 Speaker 1: most of this election is probably gonna be a referendum 151 00:08:19,240 --> 00:08:21,800 Speaker 1: on Trump. That's at least what the Democrats want. Um. 152 00:08:22,040 --> 00:08:24,120 Speaker 1: They want to straight up or down vote on either 153 00:08:24,160 --> 00:08:26,160 Speaker 1: Trump or Biden. They feel that Biden can win that, 154 00:08:26,480 --> 00:08:29,000 Speaker 1: whereas the president his supporters want to make this a 155 00:08:29,080 --> 00:08:31,600 Speaker 1: choice election that I AM going to be better than 156 00:08:31,640 --> 00:08:34,880 Speaker 1: the alternative and Joe Biden as far as like economic 157 00:08:35,000 --> 00:08:39,120 Speaker 1: loans and you know benefits coming to states and districts. Um, yeah, 158 00:08:39,160 --> 00:08:41,120 Speaker 1: it's very important. I think you're going to see incumbents 159 00:08:41,160 --> 00:08:45,000 Speaker 1: wanting to tout um investments and spending that comes in 160 00:08:45,080 --> 00:08:48,280 Speaker 1: the district and promoted as heavily as they can. Certainly, 161 00:08:48,559 --> 00:08:51,600 Speaker 1: incumbents need things to run on UM. And if you're 162 00:08:51,640 --> 00:08:54,440 Speaker 1: running in a state that's politically competitive or that leans 163 00:08:55,080 --> 00:08:56,960 Speaker 1: maybe to the other party, like if you're a Republican 164 00:08:56,960 --> 00:08:59,719 Speaker 1: incumbent running in a district or a state that may 165 00:08:59,720 --> 00:09:03,200 Speaker 1: not vote for President Trump, you may want to downplay 166 00:09:03,360 --> 00:09:05,800 Speaker 1: the national factors in the race as much as you 167 00:09:05,840 --> 00:09:08,920 Speaker 1: can and try and localize the race by talking about 168 00:09:09,320 --> 00:09:12,640 Speaker 1: very specific things you've done for very specific industries that 169 00:09:12,679 --> 00:09:16,320 Speaker 1: are important to your state or your district. So, meanwhile, 170 00:09:16,600 --> 00:09:18,400 Speaker 1: give us in the In the minute that we have left, 171 00:09:18,480 --> 00:09:20,959 Speaker 1: we talked about Iowa. What are some other races and 172 00:09:21,280 --> 00:09:23,000 Speaker 1: hold with me after the break, by the way, because 173 00:09:23,000 --> 00:09:25,760 Speaker 1: I want to ask you about the presidential as well. 174 00:09:25,800 --> 00:09:28,640 Speaker 1: But what's another race on your radar? Well? I think 175 00:09:28,679 --> 00:09:31,040 Speaker 1: that there's kind of like the core four Senate races 176 00:09:31,080 --> 00:09:35,120 Speaker 1: that Democrats are trying to target from Republican control. Colorado 177 00:09:35,200 --> 00:09:39,280 Speaker 1: held by Corey Gardner, Arizona held by Martha McSally, Main 178 00:09:39,400 --> 00:09:43,120 Speaker 1: held by Susan Collins, in North Carolina held by Tom Tillis. 179 00:09:43,720 --> 00:09:46,840 Speaker 1: Democrats may need to win all four of those races 180 00:09:47,360 --> 00:09:50,679 Speaker 1: in order to win control of the Senate because they 181 00:09:50,679 --> 00:09:53,360 Speaker 1: have to brace for the possible, if not likely, loss 182 00:09:53,360 --> 00:09:56,079 Speaker 1: of Alabama, which is held by Democrat Doug Jones in 183 00:09:56,120 --> 00:09:59,480 Speaker 1: a very republican state. But then the Democrats have some 184 00:09:59,480 --> 00:10:02,520 Speaker 1: secondary targets. You know, Iowa may not. You know, maybe 185 00:10:02,640 --> 00:10:04,840 Speaker 1: i was a primary target, but it's definitely in the running. 186 00:10:05,240 --> 00:10:07,640 Speaker 1: Um Georgia, there are two races there were Republicans are 187 00:10:07,640 --> 00:10:10,760 Speaker 1: defending seats, and Montana is also a big state where 188 00:10:11,040 --> 00:10:15,240 Speaker 1: you have the Democratic governor's de bullet challenging the Republican incumbent. Fair, 189 00:10:15,600 --> 00:10:17,400 Speaker 1: all right, Greg, stay for me because I want to 190 00:10:17,400 --> 00:10:19,280 Speaker 1: talk more about the Greg row is gonna stick around 191 00:10:19,280 --> 00:10:21,880 Speaker 1: on the policy and the politics of the downballot races. 192 00:10:21,880 --> 00:10:29,840 Speaker 1: I'm Kevin Sirelli. You're listening to Bloomberg nine and nine one. 193 00:10:31,240 --> 00:10:35,800 Speaker 1: This is Bloomberg Sound On with Kevin Surreley on Bloomberg 194 00:10:36,960 --> 00:10:39,320 Speaker 1: and one oh five point seven F M H D two. 195 00:10:40,400 --> 00:10:44,520 Speaker 1: My name is Kevin. Really, I'm the chief Aushton correspondent 196 00:10:44,520 --> 00:10:49,520 Speaker 1: for Bloomberg Television and for Bloomberg Radio. Coming up, we're 197 00:10:49,520 --> 00:10:52,679 Speaker 1: gonna hear from our very own David Wesson's the exclusive 198 00:10:52,720 --> 00:10:56,319 Speaker 1: interview with doctor Fauci. Uh, and he's asking about tests 199 00:10:56,320 --> 00:10:59,880 Speaker 1: and masks and all of the stuff that we all 200 00:11:00,000 --> 00:11:02,160 Speaker 1: are about with regards to kids getting back to school. 201 00:11:02,160 --> 00:11:04,480 Speaker 1: Are they aren't they Check out the full interview, by 202 00:11:04,480 --> 00:11:06,920 Speaker 1: the way, on wherever you get Bloomberg, listen to watch 203 00:11:06,960 --> 00:11:10,160 Speaker 1: it downloaded on the app. You know, the whole spill. Uh. 204 00:11:10,320 --> 00:11:12,559 Speaker 1: Someone else who knows to feel about the midterm elections, 205 00:11:12,880 --> 00:11:15,760 Speaker 1: Greg Darrow. Greg, Okay, So in the first block we 206 00:11:15,760 --> 00:11:18,680 Speaker 1: were talking about, you know, saying it at the house, 207 00:11:18,720 --> 00:11:21,880 Speaker 1: how the economy is playing and whatnot. But you know, 208 00:11:21,960 --> 00:11:25,520 Speaker 1: I'm very much struck by something that we've been talking 209 00:11:25,880 --> 00:11:29,720 Speaker 1: about on this program for a while, and uh, something 210 00:11:29,760 --> 00:11:31,680 Speaker 1: that I've been reporting on for a couple of weeks now, 211 00:11:31,960 --> 00:11:35,320 Speaker 1: which is mail in voting. How is mail in voting 212 00:11:35,320 --> 00:11:39,120 Speaker 1: going to impact your job? And trying to predict whether 213 00:11:39,200 --> 00:11:42,440 Speaker 1: the House or the Senate if it's gonna flip. I mean, 214 00:11:42,559 --> 00:11:44,960 Speaker 1: forget about presidential politics for a second. This is gonna 215 00:11:45,000 --> 00:11:48,920 Speaker 1: have an impact on local elections. Yeah, I think there 216 00:11:48,920 --> 00:11:51,200 Speaker 1: are too important points to make there, and one is 217 00:11:51,200 --> 00:11:53,320 Speaker 1: is that we really no longer have an election day. 218 00:11:53,360 --> 00:11:56,199 Speaker 1: We have an election period, and people are gonna start 219 00:11:56,840 --> 00:11:59,640 Speaker 1: asking for absentee ballots and mail ballots, and they're gonna 220 00:11:59,640 --> 00:12:02,800 Speaker 1: be start casting them in September, well before the national 221 00:12:02,840 --> 00:12:05,280 Speaker 1: election day that we all know, in the first Tuesday 222 00:12:05,280 --> 00:12:08,080 Speaker 1: after the first Monday in November. And secondly, as far 223 00:12:08,120 --> 00:12:10,640 Speaker 1: as when it comes to predicting elections, yes, I think 224 00:12:10,880 --> 00:12:12,880 Speaker 1: all of us in the media have to be very 225 00:12:13,360 --> 00:12:17,600 Speaker 1: careful and precise and relate to our clients and our 226 00:12:17,640 --> 00:12:20,480 Speaker 1: readers that a greater percentage of the vote is going 227 00:12:20,520 --> 00:12:23,120 Speaker 1: to come in late, and that we really should be 228 00:12:23,160 --> 00:12:26,800 Speaker 1: hesitant about calling certain races early in the evening because 229 00:12:27,120 --> 00:12:29,520 Speaker 1: that's based just on people who show up and vote. 230 00:12:29,520 --> 00:12:31,719 Speaker 1: Because there's going to be a much larger percentage of 231 00:12:31,800 --> 00:12:34,960 Speaker 1: votes it will be cast by mail. This will I think, 232 00:12:36,080 --> 00:12:40,079 Speaker 1: require um, you know, some patients, and also it will 233 00:12:40,160 --> 00:12:43,560 Speaker 1: lead to maybe some It might also require that the Senate, 234 00:12:43,679 --> 00:12:47,040 Speaker 1: the majority for the Senate and even the presidential election, 235 00:12:47,200 --> 00:12:49,400 Speaker 1: we may not know the results of election it or 236 00:12:49,400 --> 00:12:51,400 Speaker 1: maybe even a day or two after. See, that's what 237 00:12:51,600 --> 00:12:53,760 Speaker 1: you just said. I I said it a million times, 238 00:12:53,960 --> 00:12:57,000 Speaker 1: and people say it is if the public understands this 239 00:12:57,600 --> 00:13:01,080 Speaker 1: meaning I don't fully compresence, compen and this. I'm reminding 240 00:13:01,120 --> 00:13:04,360 Speaker 1: myself that November three, we're not going to have the 241 00:13:04,440 --> 00:13:06,520 Speaker 1: results like we're all used to. I mean, folks, do 242 00:13:06,559 --> 00:13:08,840 Speaker 1: you remember Florida? Remember that picture with the hanging chad? 243 00:13:09,040 --> 00:13:11,320 Speaker 1: Do you remember that? I mean, it's it's it's ingrained 244 00:13:11,360 --> 00:13:14,720 Speaker 1: into my memory. But but all of these types of 245 00:13:14,840 --> 00:13:18,079 Speaker 1: counts on down ballot races and whatnot, we really might 246 00:13:18,120 --> 00:13:22,319 Speaker 1: not know for a while. And so you know, this 247 00:13:22,400 --> 00:13:25,280 Speaker 1: fight over funding and whether or not there's the transition, 248 00:13:25,360 --> 00:13:28,400 Speaker 1: it's already happening. And so even if a ten percent, 249 00:13:28,559 --> 00:13:32,360 Speaker 1: five even of an increase in mail and voting, it's 250 00:13:32,360 --> 00:13:36,720 Speaker 1: going to have a dramatic, dramatic impact on what what 251 00:13:36,720 --> 00:13:41,400 Speaker 1: what we do in terms of getting election results. All right, Greg, 252 00:13:41,400 --> 00:13:43,800 Speaker 1: you've been so generous with your time. What is on 253 00:13:43,960 --> 00:13:46,720 Speaker 1: your radar doesn't have to be a race? What's on 254 00:13:46,760 --> 00:13:48,400 Speaker 1: your radar in the in the minute that I have 255 00:13:48,480 --> 00:13:51,520 Speaker 1: left with you, Well, we've got about ninety days ago 256 00:13:51,600 --> 00:13:53,640 Speaker 1: until the national election day, and I think we're gonna 257 00:13:53,640 --> 00:13:56,040 Speaker 1: be what we've got to maybe about another dozen or 258 00:13:56,040 --> 00:13:59,080 Speaker 1: states that have left to hold primaries. And then I 259 00:13:59,080 --> 00:14:00,960 Speaker 1: think the two biggest one is to watch for those 260 00:14:00,960 --> 00:14:04,560 Speaker 1: watching primaries are in Massachusetts, where you have Ways and 261 00:14:04,600 --> 00:14:08,080 Speaker 1: Means Committee Chairman Richie Neal has a primary challenge worth watching. 262 00:14:08,080 --> 00:14:10,640 Speaker 1: That's on September the one. And then the biggest of 263 00:14:10,640 --> 00:14:13,040 Speaker 1: them all I think of the whole election year is 264 00:14:13,120 --> 00:14:15,680 Speaker 1: in the Massachusetts Senate race, where you have veteran Democrat 265 00:14:15,840 --> 00:14:18,560 Speaker 1: Ed Markey being challenged for his seat in the primary 266 00:14:18,559 --> 00:14:22,520 Speaker 1: by Joe Kennedy, a member of the Democratic political family. 267 00:14:22,840 --> 00:14:24,920 Speaker 1: I can't wait to watch that. That is like if 268 00:14:24,960 --> 00:14:28,200 Speaker 1: you're if you watch politics the way that you know, 269 00:14:28,960 --> 00:14:31,680 Speaker 1: the way that you're a junkie, like a political junkie. 270 00:14:31,720 --> 00:14:35,479 Speaker 1: That the market Kennedy, the Kennedys are back in Massachusetts. 271 00:14:35,520 --> 00:14:37,640 Speaker 1: What's gonna happen? I can't wait to find out. Greg 272 00:14:37,680 --> 00:14:41,400 Speaker 1: Drew Bloomberg, government political reporter, such the best in the business. 273 00:14:41,400 --> 00:14:44,280 Speaker 1: I mean, so great to have your brain on this program. 274 00:14:44,320 --> 00:14:46,160 Speaker 1: Come back soon, it's been too long. Hope everything is 275 00:14:46,200 --> 00:14:49,080 Speaker 1: going well with you and the fam. Alright, but let's 276 00:14:49,120 --> 00:14:52,480 Speaker 1: just agenda set for the hour, shall we, folks. President 277 00:14:52,520 --> 00:14:54,680 Speaker 1: Trump is set to address the nation and is daily 278 00:14:54,720 --> 00:14:58,520 Speaker 1: Coronavirus Task Force briefing. I'm gonna bring you that as 279 00:14:58,560 --> 00:15:01,520 Speaker 1: it happens from the White House and the US I 280 00:15:01,520 --> 00:15:02,960 Speaker 1: want to I want to get to the market though, 281 00:15:03,000 --> 00:15:06,440 Speaker 1: because our first topic on the stimulus is directly impacting 282 00:15:07,080 --> 00:15:10,560 Speaker 1: the market. Reading from the Bloomberg Terminal to set the scene, 283 00:15:10,920 --> 00:15:17,200 Speaker 1: the Specks posted a fourth straight advance amid encouraging news 284 00:15:17,240 --> 00:15:21,360 Speaker 1: on the vaccination front and speculation that US lawmakers are 285 00:15:21,400 --> 00:15:26,960 Speaker 1: making progress on an economic aid package. The benchmark stock 286 00:15:27,000 --> 00:15:31,239 Speaker 1: gauge rose to within two percent of its record closing high, 287 00:15:31,320 --> 00:15:34,360 Speaker 1: and a measure of global equities was near wiping out 288 00:15:34,360 --> 00:15:38,200 Speaker 1: its losses for the year. Wow. All right, so we 289 00:15:38,280 --> 00:15:43,320 Speaker 1: begin with the optimism coming from this town. Democrats, meanwhile, 290 00:15:43,360 --> 00:15:49,040 Speaker 1: are demanding more after White House concessions on stimulus. They 291 00:15:49,120 --> 00:15:51,960 Speaker 1: say that if the two sides are going to meet 292 00:15:51,960 --> 00:15:54,520 Speaker 1: their goal of striking a deal on new pandemic relief 293 00:15:54,560 --> 00:15:56,440 Speaker 1: by the end of this week, they gotta get the 294 00:15:56,480 --> 00:15:59,920 Speaker 1: timeline into check. All right, Schumer sent him in Ary 295 00:16:00,080 --> 00:16:03,280 Speaker 1: Leader Chuck Schumer. He says, quote, while we have started 296 00:16:03,280 --> 00:16:06,640 Speaker 1: to generate some forward momentum. We need our partners in 297 00:16:06,680 --> 00:16:10,080 Speaker 1: the White House to go much further on a number 298 00:16:10,360 --> 00:16:13,880 Speaker 1: of issues. We begin tonight with Richard Fowler, nationally syndicated 299 00:16:13,960 --> 00:16:17,320 Speaker 1: radio show hosts and Fox News contributor, and Tyler Deaton, 300 00:16:17,520 --> 00:16:22,240 Speaker 1: Republican strategists and fundraiser, President of Allegiance Strategies. Richard, what 301 00:16:22,320 --> 00:16:25,320 Speaker 1: do Democrats want to see? Don't get me talking points, 302 00:16:25,440 --> 00:16:28,560 Speaker 1: get into specifics, because this now is a race against 303 00:16:28,560 --> 00:16:31,960 Speaker 1: the clock for so many American families. I agree, this 304 00:16:32,040 --> 00:16:33,680 Speaker 1: is a race against the clock. And let me just 305 00:16:33,720 --> 00:16:36,360 Speaker 1: add that the Democratic on the Heroes ancle which would 306 00:16:36,400 --> 00:16:39,560 Speaker 1: passed months ago. Uh And if Mitch McConnell's willing to 307 00:16:39,560 --> 00:16:42,160 Speaker 1: negotiate this thing months ago, when we thought that this 308 00:16:42,200 --> 00:16:44,840 Speaker 1: bill was necessary and needed, we wouldn't be in the solition. 309 00:16:45,160 --> 00:16:47,840 Speaker 1: But Miss McConnell and the Republicans in the White House 310 00:16:47,920 --> 00:16:51,640 Speaker 1: wait until the deadline for the six dollars unemployment benefits 311 00:16:51,640 --> 00:16:53,440 Speaker 1: to run out with them to negotiate this. So here 312 00:16:53,440 --> 00:16:57,440 Speaker 1: we sit with millions of Americans who are currently who 313 00:16:57,480 --> 00:17:01,080 Speaker 1: currently Okay, I'm interrupting. I'm interrupting because I'm interrupted, because 314 00:17:01,080 --> 00:17:03,160 Speaker 1: I respect you, and because I want to get into 315 00:17:03,200 --> 00:17:05,960 Speaker 1: specifics because so many people right now who are impacted 316 00:17:06,000 --> 00:17:09,199 Speaker 1: by the unemployment benefits and no, truthfully, I mean and 317 00:17:09,280 --> 00:17:11,960 Speaker 1: I I'm talking to those people who are impacted by it, 318 00:17:12,000 --> 00:17:14,520 Speaker 1: and I'm talking to the small businesses who really need 319 00:17:14,560 --> 00:17:17,240 Speaker 1: to get their information on the specifics the White House 320 00:17:17,280 --> 00:17:19,960 Speaker 1: because yesterday I didn't have this information. Today I have it. 321 00:17:20,320 --> 00:17:23,920 Speaker 1: The White House has offered four hundred dollars per week 322 00:17:24,480 --> 00:17:30,199 Speaker 1: in supplemental unemployment benefits through December four. All right, So 323 00:17:30,280 --> 00:17:33,920 Speaker 1: Democrats are rejecting that because they want six hundred dollars 324 00:17:33,960 --> 00:17:37,560 Speaker 1: per week, And Minutia and Meadows are also saying that 325 00:17:37,640 --> 00:17:41,960 Speaker 1: they've put two hundred billion dollars in state and local aid, 326 00:17:42,080 --> 00:17:46,520 Speaker 1: including a hundred and five billion in education money on 327 00:17:46,600 --> 00:17:50,399 Speaker 1: the table. Democrats want a trillion dollars. So let's just 328 00:17:50,480 --> 00:17:54,520 Speaker 1: focus on what your first point was, was the unemployment benefits, 329 00:17:54,520 --> 00:17:57,640 Speaker 1: which is four hundred dollars a week until December four? 330 00:17:58,320 --> 00:18:01,600 Speaker 1: Democrats say six hundred, Well, that's about as good as 331 00:18:01,600 --> 00:18:06,920 Speaker 1: an offer, and and and through December? How what we 332 00:18:07,240 --> 00:18:09,200 Speaker 1: I mean, They're stuck. So I mean, I guess what 333 00:18:09,200 --> 00:18:12,119 Speaker 1: would what would Democrats agree to if the four hundred 334 00:18:12,160 --> 00:18:15,199 Speaker 1: dollars isn't enough for them, Richard, because this is not 335 00:18:15,280 --> 00:18:17,399 Speaker 1: about This is not a game of high stakes poker. 336 00:18:17,480 --> 00:18:19,960 Speaker 1: This is a game of people figuring out how they're 337 00:18:19,960 --> 00:18:22,120 Speaker 1: going to pay rent, how they're going to make their 338 00:18:22,119 --> 00:18:24,000 Speaker 1: car payments, how they're going to put food on their 339 00:18:24,080 --> 00:18:26,919 Speaker 1: kids table after losing their jobs and no fault of 340 00:18:26,960 --> 00:18:29,720 Speaker 1: their own. And this is not a situation where people 341 00:18:30,119 --> 00:18:32,879 Speaker 1: are I mean, Steve Manuchin and I think that your 342 00:18:32,880 --> 00:18:34,520 Speaker 1: White House chief of staff is trying to make the 343 00:18:34,560 --> 00:18:38,240 Speaker 1: south of They're millions of Americans who are taking advantage 344 00:18:38,280 --> 00:18:40,760 Speaker 1: of the system. Uh, and they're you know, making more 345 00:18:40,760 --> 00:18:43,399 Speaker 1: money than they made and not by but by working. 346 00:18:43,400 --> 00:18:45,080 Speaker 1: And the truth of the matter is that we're saying 347 00:18:45,160 --> 00:18:48,040 Speaker 1: is these Americans need this money to survive. They've lost 348 00:18:48,040 --> 00:18:50,040 Speaker 1: their job of no fault of their own. I mean, 349 00:18:50,119 --> 00:18:53,640 Speaker 1: you continue to extend this benefit for six dollars until 350 00:18:53,640 --> 00:18:58,640 Speaker 1: the end of the year, figure out a national strategy 351 00:18:58,680 --> 00:19:00,840 Speaker 1: to deal with this pandemic, which is White House repeases 352 00:19:00,920 --> 00:19:03,960 Speaker 1: to do. Tyler, is that your interpretation in terms of 353 00:19:04,000 --> 00:19:06,640 Speaker 1: the issue that that Richard raised the President Trump saying, 354 00:19:06,680 --> 00:19:09,120 Speaker 1: because at the last week they were saying no way, 355 00:19:09,200 --> 00:19:11,760 Speaker 1: no how, not going to happen on unemployment benefits. This 356 00:19:11,800 --> 00:19:15,320 Speaker 1: week they're saying, okay, four hundred bucks through December four. 357 00:19:15,920 --> 00:19:21,000 Speaker 1: Because you know, this Secretary manution is navigating through a 358 00:19:21,040 --> 00:19:24,879 Speaker 1: divided Republican caucus. Leader McConnell is saying that fifteen to 359 00:19:24,920 --> 00:19:27,720 Speaker 1: twenty of his own members and his caucus aren't going 360 00:19:27,760 --> 00:19:30,040 Speaker 1: to get on board with any any bill that comes out. 361 00:19:30,080 --> 00:19:34,080 Speaker 1: You've got Ted Cruz saying there should be no unemployment benefits. 362 00:19:34,119 --> 00:19:36,920 Speaker 1: I don't know. I mean they're trying to. They're offering, Hey, 363 00:19:36,960 --> 00:19:39,240 Speaker 1: this is the best that that we can deliver for 364 00:19:39,320 --> 00:19:41,480 Speaker 1: the votes and the Republican side, Tyler, or do I 365 00:19:41,480 --> 00:19:44,320 Speaker 1: have it wrong? I I don't know that you have 366 00:19:44,440 --> 00:19:46,280 Speaker 1: that part wrong, but I'll tell you I think it's 367 00:19:46,320 --> 00:19:49,800 Speaker 1: the extended unemployment benefits are one of the more reasonable 368 00:19:49,880 --> 00:19:52,560 Speaker 1: requests that Democrats are making, and I think it would 369 00:19:52,560 --> 00:19:54,560 Speaker 1: be smart for Republicans to meet them in the middle 370 00:19:54,600 --> 00:19:57,679 Speaker 1: on that because it's the trillion dollars for state and 371 00:19:57,720 --> 00:20:00,560 Speaker 1: local government. It's just it's every other progres idea that 372 00:20:00,640 --> 00:20:03,520 Speaker 1: Democrats have ever had that got into the Heroes Act, 373 00:20:03,600 --> 00:20:05,639 Speaker 1: which is, frankly, why that was so easy to pass 374 00:20:05,720 --> 00:20:08,840 Speaker 1: three months ago is because they didn't say anything. Well, 375 00:20:08,880 --> 00:20:13,719 Speaker 1: And you know when I said this to Pharaoh earlier 376 00:20:13,720 --> 00:20:17,520 Speaker 1: today on on the Open on Bloomberg Television, I said, Jonathan, 377 00:20:17,720 --> 00:20:19,480 Speaker 1: you read the hero is Zact. You got the state 378 00:20:19,520 --> 00:20:23,360 Speaker 1: and local tax deduction in their salt. There's a there's 379 00:20:23,359 --> 00:20:26,439 Speaker 1: a wonky term salt uh satan local tax deduction. And 380 00:20:26,440 --> 00:20:28,679 Speaker 1: I know a lot of centrils Democrats who are representing 381 00:20:28,720 --> 00:20:33,560 Speaker 1: some some more swing districts who are not necessarily going 382 00:20:33,600 --> 00:20:37,680 Speaker 1: to get on board with with the progressive approach to 383 00:20:37,720 --> 00:20:40,879 Speaker 1: the state and local tax deduction. Another another I like 384 00:20:41,000 --> 00:20:44,160 Speaker 1: that analogy, Richard Fowler of the poker chips, another poker chip, 385 00:20:44,400 --> 00:20:46,800 Speaker 1: a political poker chip. But it is kind of dark 386 00:20:46,800 --> 00:20:50,399 Speaker 1: when you think about it, though, because it's too I 387 00:20:50,440 --> 00:20:52,760 Speaker 1: don't like covering this as a process story because it's 388 00:20:52,760 --> 00:20:54,800 Speaker 1: too real, you know what I mean, Richard. But I 389 00:20:54,840 --> 00:20:56,600 Speaker 1: but I do like that analogy. Maybe when we have 390 00:20:56,640 --> 00:21:00,480 Speaker 1: a different debate, I'll I'll bring that back up. But Democrats. 391 00:21:01,040 --> 00:21:05,280 Speaker 1: Democrats have said that they can accept ten billion dollars 392 00:21:05,280 --> 00:21:08,360 Speaker 1: in aid for the US Postal Service this year, as 393 00:21:08,400 --> 00:21:10,960 Speaker 1: opposed to the twenty five billion that they had wanted 394 00:21:10,960 --> 00:21:13,879 Speaker 1: over the three years. So they're they're bargaining on the 395 00:21:13,960 --> 00:21:17,200 Speaker 1: US Postal service. That caught my attention because I've been 396 00:21:17,200 --> 00:21:19,720 Speaker 1: covering the mail and voting and I'm thinking to myself, 397 00:21:20,040 --> 00:21:23,280 Speaker 1: maybe not the best time to cut funding from the 398 00:21:23,320 --> 00:21:26,880 Speaker 1: postal surface but postal service. But you know who know anyway, 399 00:21:26,920 --> 00:21:29,320 Speaker 1: So that's what's going on, uh, in terms of in 400 00:21:29,359 --> 00:21:31,800 Speaker 1: the weeds. But again, I want to repeat this because 401 00:21:31,800 --> 00:21:34,280 Speaker 1: if you're just you know, finishing a tough day at 402 00:21:34,320 --> 00:21:36,040 Speaker 1: work or or trying to get some details on these 403 00:21:36,119 --> 00:21:39,320 Speaker 1: unemployment benefits, UH, it's four hundred dollars per week and 404 00:21:39,359 --> 00:21:43,879 Speaker 1: supplemental unemployment benefits through December fourteen. That's what the White 405 00:21:43,920 --> 00:21:48,720 Speaker 1: House is now offering through December. UM, so that's important. 406 00:21:48,760 --> 00:21:52,080 Speaker 1: Coming up, we're gonna talk more policy politics with a 407 00:21:52,080 --> 00:21:55,240 Speaker 1: little personality with Richard Fowler, nationally syndicated radio show hosts 408 00:21:55,240 --> 00:21:58,399 Speaker 1: and Fox News contributor, and Tyler Deaton, Republican strategist and 409 00:21:58,440 --> 00:22:03,479 Speaker 1: fundraiser of Allegiance Strategies. My name is Kevin Cereli. I'm 410 00:22:03,520 --> 00:22:06,520 Speaker 1: the chief Washington correspondent from Woomberg Television and for Womburg Radio. 411 00:22:06,640 --> 00:22:09,400 Speaker 1: Make sure you all go out and watch Bill Gates 412 00:22:09,640 --> 00:22:11,920 Speaker 1: the interview that he did with Emily Chang or my 413 00:22:11,960 --> 00:22:25,919 Speaker 1: colleague Emily Chang. You're listening to Woomberg. My name is 414 00:22:25,960 --> 00:22:29,360 Speaker 1: Kevin CERELLI I am the chief Washington correspondent for Boomberg 415 00:22:29,400 --> 00:22:33,280 Speaker 1: Television and for Bomberg Radio. That song that is my 416 00:22:33,359 --> 00:22:41,800 Speaker 1: pandemic anthem there, it is poetic. These aren't the best 417 00:22:41,800 --> 00:22:43,760 Speaker 1: of times, but they're the only times we've ever known 418 00:22:43,800 --> 00:22:46,320 Speaker 1: folks Billy Joel. I've been on a Billy Joel kick 419 00:22:46,960 --> 00:22:51,560 Speaker 1: for while. I don't know, he's kind of he's my 420 00:22:51,640 --> 00:22:54,320 Speaker 1: vibe right now. Uh, Tyler Deaton's on the line. He's 421 00:22:54,320 --> 00:22:57,760 Speaker 1: a Republicans trategist. Tyler, do you like Billy Joel? What's 422 00:22:57,760 --> 00:23:01,359 Speaker 1: your favorite Billy Joel song? I was afraid you were 423 00:23:01,359 --> 00:23:05,400 Speaker 1: gonna ask me that I'm not into Billy Joel. Into 424 00:23:05,400 --> 00:23:08,600 Speaker 1: Billy Joel. It's like, it's like he's a he's a staple. 425 00:23:09,080 --> 00:23:11,200 Speaker 1: I mean, you don't like you don't like Billy Hey, 426 00:23:11,400 --> 00:23:14,000 Speaker 1: you don't like Billy Jeel. I am you know that. 427 00:23:14,080 --> 00:23:17,240 Speaker 1: I've been on my Lizzow kick for well over a 428 00:23:17,359 --> 00:23:20,840 Speaker 1: year now. I have nothing against the way that you 429 00:23:20,920 --> 00:23:23,760 Speaker 1: just pivoted from Billy Joel to Lizzo. Is remarkable, but 430 00:23:23,800 --> 00:23:28,040 Speaker 1: I do like this where and the pandemic has just 431 00:23:28,160 --> 00:23:31,920 Speaker 1: driven me even deeper into Lizzo's arms. All right, well, hey, 432 00:23:32,200 --> 00:23:37,440 Speaker 1: good for you. What's your favorite Listo song? It Hurts? Yeah? 433 00:23:37,520 --> 00:23:39,320 Speaker 1: I mean that's a I can't say the lyrics, but 434 00:23:39,400 --> 00:23:43,280 Speaker 1: it's a great it's a great song. Um uh. Richard 435 00:23:43,280 --> 00:23:46,520 Speaker 1: Fawler is also on the line. Richard is a Democratic insider. 436 00:23:47,000 --> 00:23:49,240 Speaker 1: He's a nationally syndicated radio show host and a Fox 437 00:23:49,240 --> 00:23:52,960 Speaker 1: Needs contributor. Richard, what's your favorite Billy Joel songs? Sing? 438 00:23:52,960 --> 00:23:55,200 Speaker 1: That's the song You're the Piano Man and the Truth 439 00:23:55,359 --> 00:24:03,280 Speaker 1: does Hurt? Like both hit miss? I missed the last part. 440 00:24:03,320 --> 00:24:05,040 Speaker 1: What did you just say? The Truth does hurt? I'm 441 00:24:05,080 --> 00:24:07,760 Speaker 1: like what? And the truth and the truth does hurt? Like? 442 00:24:08,800 --> 00:24:13,719 Speaker 1: Oh sorry, I didn't I um. Turnstiles is the name 443 00:24:13,760 --> 00:24:16,240 Speaker 1: of the album from It's the fourth studio album by 444 00:24:16,240 --> 00:24:19,439 Speaker 1: Billy Joel has released in nineteen seventies six, when he 445 00:24:19,480 --> 00:24:24,680 Speaker 1: wrote that amazing incredible song Summer Highland Volts, which it 446 00:24:24,760 --> 00:24:27,040 Speaker 1: could just be a poem. Um. I don't know if 447 00:24:27,040 --> 00:24:31,000 Speaker 1: you guys have been following this, I want to uh. 448 00:24:31,160 --> 00:24:34,640 Speaker 1: Our producers are now in the group chat literally actively 449 00:24:34,640 --> 00:24:37,520 Speaker 1: typing out Lisa Lyrics. Um here, I am having a 450 00:24:37,560 --> 00:24:43,679 Speaker 1: moment of cathartic release on air. They're like, thanks Tyler, Uh, 451 00:24:43,920 --> 00:24:45,960 Speaker 1: but I want to pivot not a foreign policy on 452 00:24:46,119 --> 00:24:50,400 Speaker 1: US China relations because um this. It was fascinating today 453 00:24:50,440 --> 00:24:52,800 Speaker 1: to watch Secretary of State Mike Pompeo. He was at 454 00:24:52,840 --> 00:24:55,280 Speaker 1: the White House earlier today, just within the last hour 455 00:24:55,320 --> 00:24:57,480 Speaker 1: and a half, I believe, and and and he announced 456 00:24:57,520 --> 00:25:01,440 Speaker 1: that the United States has really looked king to make 457 00:25:01,480 --> 00:25:06,679 Speaker 1: it more difficult for Chinese back companies to have applications 458 00:25:07,000 --> 00:25:10,760 Speaker 1: apps on on mobile device platforms, so the iTunes store 459 00:25:11,040 --> 00:25:13,399 Speaker 1: and however else if you have another type of phone, 460 00:25:13,520 --> 00:25:15,439 Speaker 1: however else you get apps. And we've seen this on 461 00:25:15,480 --> 00:25:18,040 Speaker 1: a host of different dating apps of course on TikTok 462 00:25:18,720 --> 00:25:21,360 Speaker 1: uh and and now the the U S Government as 463 00:25:21,400 --> 00:25:25,679 Speaker 1: a whole is looking into this much more strategically. And 464 00:25:26,520 --> 00:25:30,199 Speaker 1: it's it's been really fascinating to to to watch and 465 00:25:30,280 --> 00:25:34,080 Speaker 1: actually on Bloomberg Television in the next hour, I will 466 00:25:34,119 --> 00:25:38,520 Speaker 1: be interviewing Keith croc who is ah it works at 467 00:25:38,520 --> 00:25:40,879 Speaker 1: the State Department, is the Under Secretary for Economic Affairs. 468 00:25:40,920 --> 00:25:43,320 Speaker 1: He has been on this program several times. Uh, and 469 00:25:43,320 --> 00:25:46,720 Speaker 1: and is one of the people really crafting these types 470 00:25:46,760 --> 00:25:48,919 Speaker 1: of policies. But the reason I bring it up to 471 00:25:48,960 --> 00:25:52,280 Speaker 1: the panel um is one, Tyler, I want to get 472 00:25:52,280 --> 00:25:55,040 Speaker 1: your policy analysis of this, but also I do want 473 00:25:55,040 --> 00:25:58,440 Speaker 1: to dive into the politics of it as well. Pompeo 474 00:25:58,600 --> 00:26:02,480 Speaker 1: said Tyler that the US wants to see untrusted Chinese 475 00:26:02,480 --> 00:26:05,520 Speaker 1: apps removed from app stores like those operated by Apple 476 00:26:05,560 --> 00:26:08,320 Speaker 1: and Google. He also called for companies to limit their 477 00:26:08,320 --> 00:26:12,200 Speaker 1: apps from phones made by Fallweight Technologies and for ending 478 00:26:12,200 --> 00:26:16,920 Speaker 1: the use of Chinese cloud providers. The guidance Pompeo announced 479 00:26:16,920 --> 00:26:20,119 Speaker 1: stopped short of an ultimatum and wasn't binding, but it 480 00:26:20,160 --> 00:26:23,600 Speaker 1: does represent an escalation in President Trump's effort to limit 481 00:26:23,640 --> 00:26:27,040 Speaker 1: the spread of Chinese technology, which US officials say in 482 00:26:27,119 --> 00:26:31,240 Speaker 1: perils Americans private information in national security. Tyler, I mean 483 00:26:31,720 --> 00:26:34,840 Speaker 1: to kind of use a parallel here. It wasn't It 484 00:26:34,920 --> 00:26:40,920 Speaker 1: was a nineteen twenty six when the when in San Francisco, 485 00:26:42,440 --> 00:26:47,400 Speaker 1: UH A gentleman by the name of John Baird invented 486 00:26:47,480 --> 00:26:51,840 Speaker 1: the television out in San Francisco, and he demonstrated it publicly. 487 00:26:51,880 --> 00:26:54,040 Speaker 1: Of course, it wasn't until post World War two when 488 00:26:54,080 --> 00:26:58,360 Speaker 1: the television became mainstream uh and and most Americans adopted 489 00:26:58,400 --> 00:27:00,280 Speaker 1: the television to have in their house. But than the 490 00:27:00,320 --> 00:27:05,160 Speaker 1: regulations that had followed. Here we are two plus about 491 00:27:05,240 --> 00:27:09,439 Speaker 1: two decades after the iPhone radically altered the way we 492 00:27:09,480 --> 00:27:13,520 Speaker 1: all conduct our entertainment, our professional lives, and whatnot. And 493 00:27:13,600 --> 00:27:19,120 Speaker 1: it seems like now regulations are slowly catching up but quickly. 494 00:27:19,200 --> 00:27:21,600 Speaker 1: Now we're in the It took a long time, but 495 00:27:21,640 --> 00:27:24,280 Speaker 1: now here we are phase are we not? Tyler? I 496 00:27:24,320 --> 00:27:28,320 Speaker 1: think we're we're way late to this game. I mean, 497 00:27:28,400 --> 00:27:31,080 Speaker 1: these regulations are a long time coming. I I think 498 00:27:31,119 --> 00:27:34,280 Speaker 1: it's shocking that Congress has taken this long. But also 499 00:27:34,320 --> 00:27:36,200 Speaker 1: to me, it's shocking that Congress has to take these 500 00:27:36,200 --> 00:27:39,480 Speaker 1: steps the fact that Apple and Google can't on their 501 00:27:39,480 --> 00:27:43,520 Speaker 1: own as corporations, get these apps out of their app stores. 502 00:27:44,000 --> 00:27:45,640 Speaker 1: I mean, I just want to make sure that people 503 00:27:45,720 --> 00:27:48,520 Speaker 1: understand what's happening with TikTok. It's not that it's just 504 00:27:49,119 --> 00:27:52,800 Speaker 1: like a video app that teenagers used to like do 505 00:27:52,880 --> 00:27:55,359 Speaker 1: funny videos or make fun of the president. Like, that's 506 00:27:55,359 --> 00:27:57,520 Speaker 1: not the problem. It's that this is an app that 507 00:27:57,720 --> 00:28:01,560 Speaker 1: is downloading sensitive information off of the phones of every 508 00:28:01,600 --> 00:28:04,600 Speaker 1: person who downloads the app. It knows your GPS, it 509 00:28:04,640 --> 00:28:07,959 Speaker 1: knows your passwords, it knows every other app that you've downloaded, 510 00:28:08,200 --> 00:28:10,480 Speaker 1: and it's tracking the things that you're typing and doing 511 00:28:10,480 --> 00:28:14,120 Speaker 1: with your phone completely outside of the app, outside of TikTok. 512 00:28:14,359 --> 00:28:16,800 Speaker 1: All this information is then going back to China. We 513 00:28:16,880 --> 00:28:20,040 Speaker 1: have no idea right now what's been happening with that information. 514 00:28:20,320 --> 00:28:22,600 Speaker 1: My hunch is that someone in the US government does 515 00:28:22,640 --> 00:28:25,320 Speaker 1: know what's happening with that information in China, and that 516 00:28:25,440 --> 00:28:28,280 Speaker 1: it's a nefarious And there's more than enough information at 517 00:28:28,280 --> 00:28:31,600 Speaker 1: this point that anybody should be deleting TikTok off of 518 00:28:31,600 --> 00:28:34,080 Speaker 1: their phones. But more than that, Apple and Google should 519 00:28:34,119 --> 00:28:36,280 Speaker 1: do the right thing. I would just say that Secretary 520 00:28:36,320 --> 00:28:40,640 Speaker 1: Pompeo's outline of these ideas it's big. Um. I don't 521 00:28:40,640 --> 00:28:42,440 Speaker 1: think that you have to do this all in one 522 00:28:42,520 --> 00:28:45,520 Speaker 1: giant bill. I think that they could just tackle these discreetly, 523 00:28:45,840 --> 00:28:49,320 Speaker 1: one at a time and have some real bipartisan support. Um. 524 00:28:49,320 --> 00:28:51,560 Speaker 1: This really shouldn't be that political. This is all pretty 525 00:28:51,560 --> 00:28:53,520 Speaker 1: common sense at this point. I think that parents would 526 00:28:53,520 --> 00:28:56,880 Speaker 1: be shocked to know just how much private information is 527 00:28:56,920 --> 00:28:59,280 Speaker 1: going off of their phones into a computer server in 528 00:28:59,400 --> 00:29:03,360 Speaker 1: China when their kid. See, I would even I hear 529 00:29:03,560 --> 00:29:05,920 Speaker 1: so that's Tyler just outlined the case for why for 530 00:29:06,000 --> 00:29:08,400 Speaker 1: why this is happening. But I would even go I 531 00:29:08,400 --> 00:29:11,760 Speaker 1: would even just race from a practical, non technological standpoint. 532 00:29:12,160 --> 00:29:16,200 Speaker 1: I mean, I made the comparison to television regulations because 533 00:29:16,200 --> 00:29:19,360 Speaker 1: that's what I hear from my sources. A lot is utilizing. 534 00:29:19,360 --> 00:29:21,800 Speaker 1: You know, would you allow for the Communist Party of 535 00:29:21,880 --> 00:29:26,120 Speaker 1: China to to take out an ad on the nightly news? 536 00:29:26,440 --> 00:29:28,600 Speaker 1: You know? I mean, so there's that element of this, 537 00:29:28,640 --> 00:29:32,120 Speaker 1: and it's a similar to election ads with Russia and whatnot. 538 00:29:32,160 --> 00:29:34,320 Speaker 1: But but sticking with this, I mean just from a 539 00:29:34,400 --> 00:29:40,160 Speaker 1: cultural perspective that they raised the concerns of a China 540 00:29:40,240 --> 00:29:45,320 Speaker 1: backed company skyrocketing and having a dramatic impact even you 541 00:29:45,400 --> 00:29:48,800 Speaker 1: made the national concerning security point, but having a cultural 542 00:29:48,840 --> 00:29:54,040 Speaker 1: impact on what children are dancing to and doing. And 543 00:29:54,600 --> 00:29:57,840 Speaker 1: I mean, it's it's really interesting. Coming up, we're gonna 544 00:29:57,840 --> 00:30:00,880 Speaker 1: be on standby for President Donald Trump uh and his 545 00:30:00,920 --> 00:30:03,920 Speaker 1: remarks at the White House, and we're Billy Joel, this 546 00:30:04,000 --> 00:30:07,840 Speaker 1: is Vienna, Kevin Sirelli. You're listening to bloombergne and I 547 00:30:07,840 --> 00:30:13,640 Speaker 1: wanted un But then if you're all so Small. I'm 548 00:30:13,680 --> 00:30:16,479 Speaker 1: Kevin Sereli, chief Washington correspondent for Bloomberg Television and from 549 00:30:16,480 --> 00:30:21,600 Speaker 1: Bloomberg Radio. Also on the tech front today, Instagram launching 550 00:30:21,760 --> 00:30:24,880 Speaker 1: a TikTok clone, so she dives into that as well 551 00:30:24,920 --> 00:30:28,200 Speaker 1: on Bloomberg Technology. Another great interview from my colleague David 552 00:30:28,240 --> 00:30:30,640 Speaker 1: Weston is his exclusive with Dr Anthony Fauci, and they 553 00:30:30,640 --> 00:30:34,360 Speaker 1: talked all about vaccinations. All right, here's a pop quiz 554 00:30:34,920 --> 00:30:38,680 Speaker 1: for those for those listening at home. The Department of 555 00:30:38,720 --> 00:30:43,400 Speaker 1: Defense awarded how much money today and government contracts to 556 00:30:43,520 --> 00:30:48,240 Speaker 1: procure syringes for COVID nineteen vaccines. So once we get 557 00:30:48,240 --> 00:30:50,200 Speaker 1: the vaccine and it's a development, how much money do 558 00:30:50,240 --> 00:30:55,560 Speaker 1: you think the government contracts awarded today for just the syringes, literally, 559 00:30:55,920 --> 00:31:00,880 Speaker 1: just the syringes for these uh vaccines for once it's 560 00:31:00,920 --> 00:31:04,200 Speaker 1: in development. Richard Richard Fowler is on the line. He's 561 00:31:04,200 --> 00:31:06,560 Speaker 1: a nationally syndicated radio show host and a Fox News 562 00:31:06,600 --> 00:31:09,520 Speaker 1: contributor and Tyler Deeton. He is a Republican strategist and 563 00:31:09,520 --> 00:31:14,840 Speaker 1: fundraiser and president of Allegiance Strategies. Richard, how much money 564 00:31:14,880 --> 00:31:18,400 Speaker 1: you think they're gonna pay for the syringes? Oh? I 565 00:31:18,440 --> 00:31:21,480 Speaker 1: would say a hundred billion if I was a guessing man. 566 00:31:22,840 --> 00:31:25,920 Speaker 1: Not justice syringes, not the vaccine like justice syringe is 567 00:31:25,960 --> 00:31:29,280 Speaker 1: a hundred bill That really? All right, Tyler, what do 568 00:31:29,320 --> 00:31:32,960 Speaker 1: you think I mean? I would pay any amount? Isn't 569 00:31:33,000 --> 00:31:36,360 Speaker 1: any amount that we've been here better than getting COVID? Well, 570 00:31:36,440 --> 00:31:39,360 Speaker 1: all right, Tyler, you know you're just you're you're you're 571 00:31:39,440 --> 00:31:45,080 Speaker 1: giving me answers today that are very interesting. Uh, Emily 572 00:31:45,400 --> 00:31:49,760 Speaker 1: asked Bill Gates about vaccines. Before I tell you the 573 00:31:49,760 --> 00:31:53,000 Speaker 1: answer to the question, you're gonna have to keep listening, uh, 574 00:31:53,200 --> 00:31:56,000 Speaker 1: about the vaccines. Take a listen to what Bill Gates 575 00:31:56,000 --> 00:31:59,680 Speaker 1: says about vaccination developments here. It is the less picture 576 00:31:59,720 --> 00:32:04,240 Speaker 1: where we show up strategically humanitarian lee and to help 577 00:32:04,280 --> 00:32:08,160 Speaker 1: ourselves to avoid the disease coming back in a super 578 00:32:08,160 --> 00:32:11,240 Speaker 1: effective way. So right there, And I did a terrible 579 00:32:11,320 --> 00:32:13,200 Speaker 1: job of teeing that up, and I've been trying to 580 00:32:13,240 --> 00:32:16,160 Speaker 1: improve on how I tossed two stunts. Sounds um, But 581 00:32:16,360 --> 00:32:18,720 Speaker 1: right there. What he was talking about was the economic 582 00:32:18,760 --> 00:32:22,000 Speaker 1: stimulus and why he is advocating for additional funds to 583 00:32:22,000 --> 00:32:26,960 Speaker 1: be allocated in the stimulus for there to be to 584 00:32:27,080 --> 00:32:30,600 Speaker 1: help developing countries to combat this disease so that they 585 00:32:30,640 --> 00:32:34,560 Speaker 1: also have access to uh the vat, the vaccines and 586 00:32:34,640 --> 00:32:38,480 Speaker 1: this humanitarian aid. And you know, my question to to 587 00:32:38,560 --> 00:32:41,640 Speaker 1: Tyler Deaton is some Republicans are on board with that. 588 00:32:41,760 --> 00:32:43,480 Speaker 1: You think back to the Bush ears and with pet 589 00:32:43,520 --> 00:32:46,320 Speaker 1: Far for example, and all of the incredible work that 590 00:32:46,760 --> 00:32:50,440 Speaker 1: pep far pet Far is incredible, um and and what 591 00:32:50,480 --> 00:32:53,479 Speaker 1: they were able to do for Africa for for for 592 00:32:53,560 --> 00:32:57,480 Speaker 1: various diseases, and and but here we are in an 593 00:32:57,480 --> 00:32:59,960 Speaker 1: economic crisis and we don't even have vaccine and people 594 00:33:00,000 --> 00:33:01,880 Speaker 1: we are fighting to keep their jobs that they're fortunate 595 00:33:01,960 --> 00:33:04,760 Speaker 1: enough to have one. You know, is this something that 596 00:33:05,080 --> 00:33:07,560 Speaker 1: as lawmakers are all negotiating that they should be thinking 597 00:33:07,600 --> 00:33:09,760 Speaker 1: about that they should be listening to Bill Gates about either. 598 00:33:11,240 --> 00:33:12,760 Speaker 1: I think so. I think that this is one of 599 00:33:12,800 --> 00:33:14,600 Speaker 1: these issues where we're gonna pay for it one way 600 00:33:14,720 --> 00:33:17,560 Speaker 1: or the other, and either we you know, address this 601 00:33:17,640 --> 00:33:20,040 Speaker 1: in the short term. We get the needles that we need, 602 00:33:20,080 --> 00:33:22,160 Speaker 1: we get the vials that we need. I understand there 603 00:33:22,200 --> 00:33:24,160 Speaker 1: have been some vile shortages as well. You know, the 604 00:33:24,200 --> 00:33:27,320 Speaker 1: world just was not prepared to need this many doses 605 00:33:27,400 --> 00:33:30,080 Speaker 1: this quickly. But the more that we invest now, the 606 00:33:30,200 --> 00:33:32,040 Speaker 1: cheaper it's going to be for us in the long term, 607 00:33:32,280 --> 00:33:35,280 Speaker 1: both and hard costs and the costs of all the 608 00:33:35,320 --> 00:33:37,280 Speaker 1: people who are getting sick and people who are dying. 609 00:33:37,800 --> 00:33:39,960 Speaker 1: So I don't actually know that there's gonna be a 610 00:33:40,000 --> 00:33:42,360 Speaker 1: lot of geop resistance on this. I think that people 611 00:33:42,960 --> 00:33:46,440 Speaker 1: um understand that we're going to have to make investments 612 00:33:46,480 --> 00:33:48,960 Speaker 1: to make sure that Corona is contained around the world, 613 00:33:49,040 --> 00:33:52,560 Speaker 1: not just in the US. Richard, you think we're gonna 614 00:33:52,560 --> 00:33:55,600 Speaker 1: get some additional funds to help the US because if 615 00:33:55,640 --> 00:33:57,000 Speaker 1: we don't, you know that you know, you know who 616 00:33:57,000 --> 00:34:02,240 Speaker 1: will do it for cheaper and on China, right. I 617 00:34:02,280 --> 00:34:07,000 Speaker 1: mean that part is true. I think we're going to 618 00:34:07,080 --> 00:34:10,839 Speaker 1: have to see a robust investment into getting this vaccination out. 619 00:34:11,320 --> 00:34:13,600 Speaker 1: I think beyond that, I really do think when we 620 00:34:13,680 --> 00:34:16,640 Speaker 1: look at when we look back at this pandemic, I 621 00:34:16,640 --> 00:34:18,680 Speaker 1: think we're also going to have to take take a 622 00:34:18,719 --> 00:34:21,160 Speaker 1: really good look at our health care system overall and 623 00:34:21,280 --> 00:34:24,160 Speaker 1: think about, is this current health care system the way 624 00:34:24,160 --> 00:34:27,319 Speaker 1: of cnally structured, is this best serving the American people 625 00:34:27,360 --> 00:34:30,280 Speaker 1: the way that it should and what changes must be made, 626 00:34:30,520 --> 00:34:32,840 Speaker 1: and how do we have a sleeping overhaul of healthcare 627 00:34:32,880 --> 00:34:34,960 Speaker 1: to make it work for every American, because I think 628 00:34:35,239 --> 00:34:38,480 Speaker 1: we now know that our health care system cannot serve 629 00:34:38,520 --> 00:34:40,640 Speaker 1: the care and capacity of all Americans. If we can't 630 00:34:40,640 --> 00:34:43,000 Speaker 1: afford for one percent of our population to get sick 631 00:34:43,680 --> 00:34:46,080 Speaker 1: on our healthcare system. Deal with that, we have some 632 00:34:46,120 --> 00:34:48,719 Speaker 1: more work to do with the country. It's it's really 633 00:34:48,760 --> 00:34:51,360 Speaker 1: remarkable on a hundred and four million dollars in government 634 00:34:51,360 --> 00:34:54,920 Speaker 1: contracts today to procure syringes for the COVID vaccine. The 635 00:34:54,960 --> 00:34:58,080 Speaker 1: Department of Defense awarded a hundred and four million dollars 636 00:34:58,120 --> 00:35:00,440 Speaker 1: in government contracts to it just for this ranges. So 637 00:35:00,480 --> 00:35:03,799 Speaker 1: I mean they are I keep tracking this because once 638 00:35:03,920 --> 00:35:06,280 Speaker 1: once we get the headline of oh, we have vaccine, 639 00:35:06,320 --> 00:35:08,400 Speaker 1: I mean, it's bigger than that. It's it's the syringes, 640 00:35:08,440 --> 00:35:12,040 Speaker 1: it's the development, it's the supply chains, domestic cyber uh 641 00:35:12,120 --> 00:35:15,160 Speaker 1: allowing individuals to have access to it, children to have access. 642 00:35:15,160 --> 00:35:17,680 Speaker 1: There are so many issues that we're about to all 643 00:35:17,760 --> 00:35:20,560 Speaker 1: have a national conversation about, and Bill Gates just made 644 00:35:20,560 --> 00:35:23,359 Speaker 1: me think that it's not just a domestic conversation, it's 645 00:35:23,400 --> 00:35:26,880 Speaker 1: also a global conversation because at the end of that 646 00:35:26,960 --> 00:35:30,719 Speaker 1: quote was what he told Emily Chang was look, I 647 00:35:30,760 --> 00:35:34,920 Speaker 1: mean if it. If this keeps ravaging and underdeveloped countries, 648 00:35:34,960 --> 00:35:38,399 Speaker 1: it could you know, come back. It could come back. Uh, 649 00:35:38,400 --> 00:35:40,920 Speaker 1: and no one wants that, obviously to to happen. So 650 00:35:41,000 --> 00:35:46,560 Speaker 1: that self power really really important. Uh conversation to be 651 00:35:46,600 --> 00:35:48,640 Speaker 1: having an included. And I just got the headline on 652 00:35:48,640 --> 00:35:51,520 Speaker 1: my Bloomberg terminal from the President's chief of Staff Mark Meadows. 653 00:35:51,520 --> 00:35:55,200 Speaker 1: On the terminal, he says that they are finished negotiating 654 00:35:55,239 --> 00:35:58,240 Speaker 1: for the day. Still no major breakthrough, no major breakthrough 655 00:35:58,280 --> 00:36:01,520 Speaker 1: on the economic stimulus front. Just to reset here, we 656 00:36:01,600 --> 00:36:05,000 Speaker 1: are awaiting the President of the United States, President Trump, 657 00:36:05,040 --> 00:36:09,560 Speaker 1: to begin talking about I'm sorry to start his Coronavirus 658 00:36:09,640 --> 00:36:14,080 Speaker 1: Daily Task Force briefing. We're talking about the vaccinations. But 659 00:36:14,480 --> 00:36:16,560 Speaker 1: while we kind of a wait for that to happen, 660 00:36:16,800 --> 00:36:20,080 Speaker 1: I do want to get what's on the panel's radar. Uh. So, Richard, 661 00:36:20,120 --> 00:36:23,840 Speaker 1: what is on your radar? What's one story that you, um, 662 00:36:24,000 --> 00:36:25,440 Speaker 1: I want to talk about think that we should be 663 00:36:25,440 --> 00:36:28,239 Speaker 1: talking about that we're not talking about. Richard. I think 664 00:36:28,280 --> 00:36:30,120 Speaker 1: the one big story that I saw that was a 665 00:36:30,200 --> 00:36:33,120 Speaker 1: very interesting one was last night's election returns from the 666 00:36:33,160 --> 00:36:37,920 Speaker 1: state of Missouri. We saw last night the ousting of 667 00:36:38,160 --> 00:36:41,759 Speaker 1: Lacy Clay, a long time Democrat, a ten time a 668 00:36:41,800 --> 00:36:45,279 Speaker 1: ten time real, a ten time incumbent um ousted last 669 00:36:45,400 --> 00:36:49,279 Speaker 1: night by a nurse um core I think her trying 670 00:36:49,280 --> 00:36:51,040 Speaker 1: to remember her name now Corey is her first name, 671 00:36:51,040 --> 00:36:55,000 Speaker 1: and her last things escaping me and what is here? 672 00:36:55,000 --> 00:36:57,719 Speaker 1: We go, Corey Bush, Thank you, Corey Bush. But what 673 00:36:57,760 --> 00:36:59,640 Speaker 1: it also says that there is a mood in this 674 00:36:59,760 --> 00:37:03,080 Speaker 1: kind treat um that I think is seeping down ballid, 675 00:37:03,480 --> 00:37:06,480 Speaker 1: that it doesn't matter whether you're a Democrat or a Republican. 676 00:37:06,920 --> 00:37:10,240 Speaker 1: The ideal of the one sort of the coveted idea 677 00:37:10,280 --> 00:37:14,960 Speaker 1: of being an incumbent doesn't have the flair. See I 678 00:37:14,960 --> 00:37:18,600 Speaker 1: wonder why, I wonder why they can't even get a 679 00:37:18,680 --> 00:37:22,759 Speaker 1: deal in the worst economic It's insane. I mean, it's 680 00:37:22,800 --> 00:37:25,160 Speaker 1: it's and Richard, you and I have talked about this. 681 00:37:25,200 --> 00:37:26,560 Speaker 1: I mean, you know, Richard and I have known each 682 00:37:26,600 --> 00:37:29,239 Speaker 1: other for years and someone I greatly respect because I 683 00:37:29,280 --> 00:37:30,799 Speaker 1: know how hard he worked to get to where he 684 00:37:30,920 --> 00:37:33,080 Speaker 1: is and it's not a story that he ever talks about. 685 00:37:33,080 --> 00:37:36,319 Speaker 1: And I have deep respect for for even in your 686 00:37:36,360 --> 00:37:38,800 Speaker 1: line of work. I mean, we have different jobs, Richard, 687 00:37:38,880 --> 00:37:41,400 Speaker 1: But but people who don't make themselves the story. So 688 00:37:41,480 --> 00:37:45,600 Speaker 1: I've I've always respected you for that, and uh, you know, 689 00:37:46,400 --> 00:37:50,239 Speaker 1: it's it's really, I think a frustration of mine to 690 00:37:50,400 --> 00:37:53,680 Speaker 1: see this town cover this story as a process story 691 00:37:54,040 --> 00:37:56,640 Speaker 1: and not trying to pull out the specifics of where 692 00:37:56,680 --> 00:37:58,680 Speaker 1: we're at, you know, line by line, and it's not 693 00:37:58,719 --> 00:38:02,399 Speaker 1: a soapbox. It's just like it's it's insane to me 694 00:38:02,960 --> 00:38:06,840 Speaker 1: that this is being through the lens of Washington covered 695 00:38:06,920 --> 00:38:09,919 Speaker 1: like a shutdown. I mean, this is the stakes are 696 00:38:10,040 --> 00:38:14,080 Speaker 1: so high for it's just look at go on the 697 00:38:14,160 --> 00:38:17,239 Speaker 1: museum's website and pick a front page of any town 698 00:38:17,280 --> 00:38:20,400 Speaker 1: in America, a small town newspaper, and you will just 699 00:38:21,080 --> 00:38:24,960 Speaker 1: if that doesn't provide you a dose of respective perspective Washington, 700 00:38:25,040 --> 00:38:27,760 Speaker 1: I mean I don't. It's frustrating. So go ahead, Richard, 701 00:38:27,760 --> 00:38:30,480 Speaker 1: I cut you off. But gee, the incumbent, I wonder why. 702 00:38:30,560 --> 00:38:34,080 Speaker 1: I wonder why. And I think I think you bring 703 00:38:34,120 --> 00:38:35,960 Speaker 1: up a good point. I mean, say, Louis is its own, 704 00:38:36,280 --> 00:38:38,520 Speaker 1: it's its own case about why why that's interesting? I 705 00:38:38,520 --> 00:38:40,680 Speaker 1: think all across this country, and you're right, if you 706 00:38:40,680 --> 00:38:43,520 Speaker 1: pick up any local paper, what you see is just 707 00:38:43,680 --> 00:38:47,320 Speaker 1: that the local the local bakery is closing, the local 708 00:38:47,400 --> 00:38:51,280 Speaker 1: gas station is closing, the local mom and pop butcher 709 00:38:51,360 --> 00:38:54,040 Speaker 1: store that you're used to is closing. And what you're 710 00:38:54,040 --> 00:38:58,720 Speaker 1: getting from Washington is they can't get a deal. Why 711 00:38:58,800 --> 00:39:01,720 Speaker 1: can't you figure this out? And it's not a democratic problam, 712 00:39:01,760 --> 00:39:04,320 Speaker 1: it's not a Republican problam at this point, it is 713 00:39:04,360 --> 00:39:07,000 Speaker 1: an American problem. And I think that is reflected in 714 00:39:07,120 --> 00:39:10,800 Speaker 1: Donald Trump's poll numbers. It's reflected in the popularity of 715 00:39:10,840 --> 00:39:13,680 Speaker 1: the United States Congress. I think that number is also 716 00:39:13,680 --> 00:39:16,920 Speaker 1: starting to seep out into how the media. There's a gallop. 717 00:39:17,320 --> 00:39:21,160 Speaker 1: People don't trust the media. It's all of that. I 718 00:39:21,160 --> 00:39:23,520 Speaker 1: think people are saying, we just want leaders that will 719 00:39:23,560 --> 00:39:26,160 Speaker 1: come out and tell us that the sky is blue 720 00:39:26,280 --> 00:39:28,400 Speaker 1: and that's most of the guy's purple when we're looking outside, 721 00:39:28,400 --> 00:39:32,560 Speaker 1: don't we see who The sky is clearly blue, Richard. 722 00:39:32,760 --> 00:39:34,759 Speaker 1: But I think it's even deeper than that. And we've 723 00:39:34,760 --> 00:39:39,319 Speaker 1: had some experts on from from GW for example. I've 724 00:39:39,320 --> 00:39:41,560 Speaker 1: really studied this. I mean, I actually think pre COVID 725 00:39:41,600 --> 00:39:43,360 Speaker 1: I would have totally agree with you. They want, you know, 726 00:39:43,400 --> 00:39:46,560 Speaker 1: there's this you know, do you have these long think 727 00:39:46,640 --> 00:39:49,239 Speaker 1: pieces about you know, the post truth world that we 728 00:39:49,280 --> 00:39:50,960 Speaker 1: all live in. And whatnot. But I actually think it's 729 00:39:50,960 --> 00:39:52,359 Speaker 1: deeper than that. I think people want to know when 730 00:39:52,360 --> 00:39:53,920 Speaker 1: the heck they're gonna get paid, When the heck can 731 00:39:53,960 --> 00:39:55,520 Speaker 1: they get back to work? Are their kids going to 732 00:39:55,560 --> 00:39:58,560 Speaker 1: go to school? These are like fundamentals we talked about 733 00:39:58,560 --> 00:40:02,840 Speaker 1: fundamentals of the economy. This is fundamental to americans lives. 734 00:40:03,160 --> 00:40:05,360 Speaker 1: As your kid going to school? Are they going to 735 00:40:05,440 --> 00:40:07,640 Speaker 1: pick up the trash? Are you safe to allow the 736 00:40:07,680 --> 00:40:11,480 Speaker 1: delivery man or woman to drop off something at your house? 737 00:40:11,640 --> 00:40:15,439 Speaker 1: I mean, and and this is it's bizarre. Uh, it's 738 00:40:15,480 --> 00:40:18,120 Speaker 1: it's beyond, it's sad, it's yer Deaton. I mean, I 739 00:40:18,120 --> 00:40:19,640 Speaker 1: want you to weigh in before I ask you what's 740 00:40:19,680 --> 00:40:22,239 Speaker 1: on your radar. But way on on this conversation that 741 00:40:22,239 --> 00:40:26,840 Speaker 1: we're having, I'm amazed looking just from looking at this 742 00:40:26,880 --> 00:40:28,799 Speaker 1: from the other side of the aisle, I'm amazed to 743 00:40:28,960 --> 00:40:34,359 Speaker 1: see how many incomebent Democrats are losing the cycle. Um, 744 00:40:34,480 --> 00:40:36,640 Speaker 1: I don't think it's getting nearly the same coverage that 745 00:40:36,920 --> 00:40:39,120 Speaker 1: that would get if it was happening in the Republican Party, 746 00:40:39,120 --> 00:40:41,879 Speaker 1: which did happen in two thousand and ten, um when 747 00:40:41,880 --> 00:40:43,759 Speaker 1: the when the Tea Party first came around. So I 748 00:40:43,760 --> 00:40:45,439 Speaker 1: think that there's got to be some sense for people 749 00:40:45,480 --> 00:40:48,560 Speaker 1: like Corey bush Um or Jamal Boman up in New 750 00:40:48,640 --> 00:40:51,919 Speaker 1: York City, who who who defeated Elliott Angle, like they're 751 00:40:52,000 --> 00:40:54,920 Speaker 1: they're not getting the coverage that I think that they deserve. Um. 752 00:40:54,920 --> 00:40:57,120 Speaker 1: I think that there is a bigger movement that's happening. 753 00:40:57,200 --> 00:41:00,239 Speaker 1: I think that the Democratic Party is reinventing itself to 754 00:41:00,400 --> 00:41:04,360 Speaker 1: some extent. Um. These are younger voices, they're more diverse voices, 755 00:41:04,800 --> 00:41:07,240 Speaker 1: and so you know, as a younger person, I'm I'm 756 00:41:07,280 --> 00:41:10,919 Speaker 1: actually excited to always see younger people coming into Congress. Um. 757 00:41:10,960 --> 00:41:13,000 Speaker 1: I'm excited to see the fresh blood. I just hope 758 00:41:13,040 --> 00:41:16,839 Speaker 1: that people understand that we've got to work together. The 759 00:41:16,880 --> 00:41:19,799 Speaker 1: parties have to come together. And so I don't want 760 00:41:19,880 --> 00:41:22,680 Speaker 1: young people coming in if they're just going to be 761 00:41:22,760 --> 00:41:26,320 Speaker 1: as rigid and as ideological as the people who they're replacing. 762 00:41:26,360 --> 00:41:27,960 Speaker 1: And I think that that kind of goes to what 763 00:41:28,400 --> 00:41:30,480 Speaker 1: Richard saying about we've got to make this not a 764 00:41:30,520 --> 00:41:33,040 Speaker 1: Republican problem or a democratic problem. The parties have got 765 00:41:33,040 --> 00:41:35,759 Speaker 1: to start finding ways to work together. Yeah. You know, 766 00:41:35,840 --> 00:41:38,120 Speaker 1: and I just got on the terminal from my colleague 767 00:41:38,120 --> 00:41:40,400 Speaker 1: on the Woomberg White House team justin sink. He just 768 00:41:40,400 --> 00:41:42,400 Speaker 1: gave me the two minute warning for President Trump stuff 769 00:41:42,400 --> 00:41:45,640 Speaker 1: I interrupt you. Uh please, you know I'm tossing to 770 00:41:45,640 --> 00:41:51,520 Speaker 1: to the president. Another another uh uh Another one is 771 00:41:51,560 --> 00:41:54,560 Speaker 1: elan Omar. I mean, choose who's got a tough re 772 00:41:54,680 --> 00:41:58,960 Speaker 1: election fight? Melton mo Is is out raising Congresswoman elan Omar. 773 00:41:59,440 --> 00:42:03,720 Speaker 1: Uh So, that's that's been pretty interesting to watch. Okay, 774 00:42:03,719 --> 00:42:07,640 Speaker 1: what's on your radar? H Tyler Jaton. I'll tell you. 775 00:42:07,760 --> 00:42:09,360 Speaker 1: I just I think people have got to stay is 776 00:42:09,440 --> 00:42:12,840 Speaker 1: focused on the Senate races as they are about the president. Um. 777 00:42:12,880 --> 00:42:14,760 Speaker 1: I know that that's what gets a lot of the ascension. 778 00:42:14,760 --> 00:42:16,760 Speaker 1: But today we have new polling in Iowa that Joni 779 00:42:16,800 --> 00:42:19,280 Speaker 1: Earnest is up. I think that more and more people 780 00:42:19,280 --> 00:42:22,000 Speaker 1: are starting to have this idea that democratic control of 781 00:42:22,040 --> 00:42:24,879 Speaker 1: the Senate is a foregone conclusion. And if it's not, 782 00:42:25,000 --> 00:42:27,120 Speaker 1: I think right now I've put my money on Republicans 783 00:42:27,200 --> 00:42:30,320 Speaker 1: keeping the Senate majority. But it's definitely gonna be determined 784 00:42:30,320 --> 00:42:34,600 Speaker 1: in states like Iowa, North Carolina, in Maine with Susan Collins. 785 00:42:34,640 --> 00:42:37,120 Speaker 1: And I think Susan Collins is gonna win her re election. 786 00:42:38,280 --> 00:42:41,960 Speaker 1: It's you do you're predicting your Collins win. I'm obsessed 787 00:42:42,000 --> 00:42:43,560 Speaker 1: with I said this at the top of the show. 788 00:42:43,600 --> 00:42:47,279 Speaker 1: I we talked to Greg Darrow, who follow his reporting votes. 789 00:42:47,280 --> 00:42:50,080 Speaker 1: He's a Bloomberg government reporter. I mean he goes Deeve. 790 00:42:50,160 --> 00:42:51,680 Speaker 1: I mean, when you talk to Greg, you've got to know, 791 00:42:52,280 --> 00:42:55,040 Speaker 1: You've got to know your counties, You've got your pre sincts. 792 00:42:55,080 --> 00:42:57,640 Speaker 1: I mean he could go He is like an encyclopedia. 793 00:42:58,080 --> 00:43:01,359 Speaker 1: Uh and at h at the the Iowa racist is 794 00:43:01,400 --> 00:43:04,640 Speaker 1: so fascinating to me to see what's happening in Iowa. 795 00:43:04,680 --> 00:43:05,200 Speaker 1: Odd