WEBVTT - Bloomberg's Halperin Sees Unruly Democratic Convention (Audio)

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<v Speaker 1>Let's talk about people who would like to be in

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<v Speaker 1>that role perhaps in uh well maybe eight months or so.

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<v Speaker 1>Hillary Clinton and Bernie Sanders. Let's bring in Mark Halprin.

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<v Speaker 1>He is the co host, with all due respect, co

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<v Speaker 1>managing editor Bloomberg Politics, and of course, Bloomberg's with all

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<v Speaker 1>due respect can be seen every week night at five

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<v Speaker 1>pm Wall Street Tom on Bloomberg Television and Bloomberg One

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<v Speaker 1>in Washington, d C. Mark Halprin, go ahead, Clinton Sanders division.

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<v Speaker 1>You know, it may not be the absolute lowest point

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<v Speaker 1>between them, but it's a pretty low point, based on

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<v Speaker 1>conflict of her state party meeting out in Las Vegas,

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<v Speaker 1>based on Senator Sanders persisting very doggedly and saying he

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<v Speaker 1>wants to fight this as the convention, let all voters vote,

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<v Speaker 1>and basically the fact that he continues to drive her

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<v Speaker 1>to the left. You know you're here. You hear her

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<v Speaker 1>supporters say all the time, Well, there's really no difference

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<v Speaker 1>between her and Senator Standers on the issues, and I

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<v Speaker 1>don't think that's the place she wants to be as

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<v Speaker 1>she starts to try to think more about a general election.

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<v Speaker 1>So Mark, Bernie Sanders saying he can win the California primary,

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<v Speaker 1>and I must say, you know, he's certainly racked up

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<v Speaker 1>a lot of delicates, So I think that's I mean,

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<v Speaker 1>whether he's close enough to really overcome Hillary. It's pretty

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<v Speaker 1>impressive how many delicates he's won. Is there anything that

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<v Speaker 1>could happen that would put him in a dead heat

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<v Speaker 1>with Hillary when they get to the convention, Well, he

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<v Speaker 1>can be awfully close to her, and she will need

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<v Speaker 1>the support of those super delegates, the unelected UH people,

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<v Speaker 1>party officials and elected office holders who aren't elected as

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<v Speaker 1>delegates the convention to be her automatic delegates. She's gonna

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<v Speaker 1>need some of those to get over the tops of

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<v Speaker 1>the majority. So I'd say the only scenario would be

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<v Speaker 1>that he finishes very strong in the remaining contest, nears

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<v Speaker 1>the gap a little bit, and then something happens, the

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<v Speaker 1>scandal with the Clintons, or something else unforeseeable, where the

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<v Speaker 1>superdelegates defect in large numbers. Uh. He points out correctly

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<v Speaker 1>that in a lot of national and key state polls

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<v Speaker 1>he does better against Donald Trump than she does. I

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<v Speaker 1>don't think that will be enough, that argument will be

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<v Speaker 1>enough to persuade enough super delegates to defect from her,

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<v Speaker 1>where most of them already are publicly to him. Mark,

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<v Speaker 1>how Barbara Boxer, Senator from California, said that she feared

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<v Speaker 1>for her safety, tell us why that statement is concerning,

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<v Speaker 1>at least for some She was speaking on behalf of

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<v Speaker 1>Hillary Clint ad at this meeting in Las Vegas at

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<v Speaker 1>the state Party convention UH last weekend, and as we

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<v Speaker 1>saw on the Republican side, when it looked for a

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<v Speaker 1>time like Senator Crews might be closing the gap on

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<v Speaker 1>enough to stop Donald Trump from getting majority. These delegates

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<v Speaker 1>are allocated, not in most cases on the night of

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<v Speaker 1>the primary, the night of the caucuses, but that's the

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<v Speaker 1>first step in a long process. And the Sanders folks

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<v Speaker 1>were trying to improve their position from what happened on

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<v Speaker 1>election day a few months ago to today where they

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<v Speaker 1>hope to bring a few more delegates away from Secretary

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<v Speaker 1>Clint and then Barbara Boxer there faced the wrath of

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<v Speaker 1>some very energized supporters of Bernie Sanders who bowed her

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<v Speaker 1>and and perhaps more UH in order to express their

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<v Speaker 1>displeasure at the party establishment and the Clinton forces that

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<v Speaker 1>she represented. There. So Mark explained to us why, for

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<v Speaker 1>for for a long time in the Republican campaign. Uh,

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<v Speaker 1>people talked about a broker convention. Why is nobody talking

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<v Speaker 1>about a broker convention for the Democrats? Because Hillary Clinton

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<v Speaker 1>already has enough super delegates and elected pledge delegates that

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<v Speaker 1>Bernie Sanders can't get enough delegates and the remaining contest

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<v Speaker 1>to stop her. So the mathematics just aren't there. And

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<v Speaker 1>that exists largely as Senator Sanders will tell you, because

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<v Speaker 1>Secretary Clinton built up a lead when the Southern States

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<v Speaker 1>voted with a lot of African American voters whose support

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<v Speaker 1>he did not win in anything like sufficient numbers that

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<v Speaker 1>gave her a delegate lead that under the Democratic rules

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<v Speaker 1>are very hard to come back because of proportional representation,

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<v Speaker 1>there's no winner take all states, so there's no way

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<v Speaker 1>to score big batches of delegates and one fell swoop.

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<v Speaker 1>So she's got this lead and mathematically there's nothing he

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<v Speaker 1>can do. As I said before, it would take an

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<v Speaker 1>intervening event to change the dynamics where the super dogates

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<v Speaker 1>could swing things this way. Any chance that there's going

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<v Speaker 1>to be demonstrations or any kind of protest at the

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<v Speaker 1>Democratic Convention in July, what people are trying to play

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<v Speaker 1>that down and say, you know, certainly no violence, but

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<v Speaker 1>at this point you're you're um, You're not able to

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<v Speaker 1>identify really anyone with the possible exception of Mitt Romney

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<v Speaker 1>with the kind of prominence within the Republican Party that

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<v Speaker 1>Bernie Sanders has with a Democratic Party to be an

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<v Speaker 1>opposition force within the party at their convention. So I

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<v Speaker 1>think whether Bernie Sanders comes around a bit or not

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<v Speaker 1>before the convention, he is going to go to the

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<v Speaker 1>convention basically saying my side is not happy. My side

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<v Speaker 1>wants the platform to say change. My side wants to

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<v Speaker 1>relook at how we pick our nominee. And I think

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<v Speaker 1>that's gonna lead to, if not formal protests, is gonna

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<v Speaker 1>need a lot of a lot of unhappiness in and

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<v Speaker 1>outside the hall in Philadelphia, which could be greater than

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<v Speaker 1>what we see against Donald Trump in Cleveland. Mark, real

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<v Speaker 1>quick here, just give me the name of one of

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<v Speaker 1>your favorite guests tonight. I'm, with all due respect, one

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<v Speaker 1>of my favorite guests. We're gonna have a Congressman Ryan,

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<v Speaker 1>not Paul Ryan, but Congressman Tim Ryan, Democrat from Ohio

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<v Speaker 1>who's a big clayoly Clinton supporter, and we're going to

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<v Speaker 1>talk to him about how Clinton supporters are dealing with

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<v Speaker 1>this incredible unhappiness that exists on the left from Sanders supporters.

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<v Speaker 1>Mark halpr And Co. He's the host of Bloomberg TVs.

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<v Speaker 1>With all due respect, you can catch him five o'clock

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<v Speaker 1>Wall Street Time tonight. I'm Kathleen Haze along with Pim Fox,

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<v Speaker 1>and this is taking Stock on Bloomberg Radio.