WEBVTT -  Marc Short Talks Latest US Peace Proposal to Iran War

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Here's the latest this morning.

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<v Speaker 3>Then Rut's reporting around Supreme Leader pushing for its uranium

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<v Speaker 3>to stay in the country to run, reportedly preparing a

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<v Speaker 3>response to the latest peace proposal from the US, and

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<v Speaker 3>Ray joined to snaw from Washington for more hammriy.

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<v Speaker 4>Hey, Jonathan, Well, that directive from Iran that's being reported

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<v Speaker 4>from the Supreme Leader on Reuters is really going to

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<v Speaker 4>be a red line potential in these negotiations, because Prime

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<v Speaker 4>Minister Benjamin Netanyahu had made it very clear for Israel

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<v Speaker 4>for the war to end, that highly enriched uranium needs

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<v Speaker 4>to be taken out of Iran's Potentially this could put

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<v Speaker 4>the President in a very difficult position. And for a

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<v Speaker 4>little bit more insight on how potentially we could see

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<v Speaker 4>this White House react, we are now joined by Trump's

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<v Speaker 4>in the first term director of Legislative Affairs, and of

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<v Speaker 4>course he was the former chief of staff to Vice

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<v Speaker 4>President Mike Pence, and that is Mark Short. Thank you

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<v Speaker 4>so much for joining us, Thanks for having so we

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<v Speaker 4>have this new reporting out of Reuters. As the President

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<v Speaker 4>said yesterday, right now they're right on the borderline between

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<v Speaker 4>getting a deal and resuming a war. What do you

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<v Speaker 4>think he does with this basically escalation from Ron?

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<v Speaker 1>Well, look, I don't think there's any president who's been

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<v Speaker 1>a better partner, more loyal to Israel than Donald Trump

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<v Speaker 1>throughout his first term and his second term. But we

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<v Speaker 1>are reaching an important point here because Iran is an

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<v Speaker 1>existential threat for this real clearly, and they're not going

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<v Speaker 1>to want to see a deal at this point. Whereas

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<v Speaker 1>the President is facing a lot of domestic pressure with

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<v Speaker 1>energy prices continuing to spike, his numbers continuing to deteriorate,

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<v Speaker 1>with midterm elections coming soon, and so there's this is

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<v Speaker 1>obviously going to be a significant pressure point for him.

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<v Speaker 4>Yeah, his polling is going down, as you see, gasoline

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<v Speaker 4>price is going up. We're north of four dollars and

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<v Speaker 4>fifty cents today. I just spoke last hour to read

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<v Speaker 4>a cent of Energy Aspects, and she's on the road

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<v Speaker 4>and she says, inventories are halfway drawn down now and

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<v Speaker 4>people are looking at June.

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<v Speaker 2>If we see.

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<v Speaker 4>North of five dollars a gallon, does the president blink?

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<v Speaker 1>I think it's not just worth of five dollars a gallon,

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<v Speaker 1>it's jet fuel prices, jetfield a lot of airlines continue

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<v Speaker 1>to cancel flights as diesel fuel continue to go up.

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<v Speaker 1>I think there's some things the President's done, like leaving

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<v Speaker 1>the waving the Jones Act, that have kept some of

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<v Speaker 1>this a bay. But I think that the question is

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<v Speaker 1>going to be does he want a deal? The President

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<v Speaker 1>loves to have a deal, but I think if he

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<v Speaker 1>gets a deal, and Marie, there's gonna be a lot

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<v Speaker 1>of questions like is this not just Obama two point zero?

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<v Speaker 1>And when a lot of Republicans criticize sending pallets of

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<v Speaker 1>cash to Iran, if we're basically saying, well, you know,

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<v Speaker 1>as some have said that we've got twenty years now,

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<v Speaker 1>is that really going to be that significally different? And

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<v Speaker 1>Iran has done this, this is what they've done for

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<v Speaker 1>forty seven years. Continue to walk along a lot of

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<v Speaker 1>presidents to say, hey, we'll you know, negotiate this later.

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<v Speaker 1>And they've continued to be the same menace for forty

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<v Speaker 1>seven years.

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<v Speaker 4>Yeah, they continue to drag their feet, and they have

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<v Speaker 4>done with multiple presidents.

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<v Speaker 2>But you have been in the room with President Trump.

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<v Speaker 2>You know his instincts.

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<v Speaker 4>If the domestic pressures get too much for him, does

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<v Speaker 4>he then gave a lot of concessions away.

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<v Speaker 2>I worry that he does.

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<v Speaker 1>I think that right now the president, again it's hard

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<v Speaker 1>to say there hasn't been somebody who has stood with Israel.

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<v Speaker 2>More than this president, and he has so far. But Amria,

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<v Speaker 2>I do think he's tough.

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<v Speaker 4>On Iran first term, maximum pressure, second term. Obviously their strike.

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<v Speaker 2>Taking out solid money.

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<v Speaker 1>But for a lot of things the president has done.

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<v Speaker 1>But I do think that he likes to be the

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<v Speaker 1>one who ends up making a deal, and.

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<v Speaker 2>So there's a lot of pressure.

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<v Speaker 1>On for him to obviously get out of this into

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<v Speaker 1>lower energy prices. But again for our partner Israel, again

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<v Speaker 1>this has been an existential trend.

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<v Speaker 2>They view this is our opportunity.

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<v Speaker 1>Iran is weakened, now is our opportunity to do this,

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<v Speaker 1>and they know that it basically if we back out,

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<v Speaker 1>then China and Russia and continue to rebuild the military

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<v Speaker 1>supplies in Iran and it will become once again a

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<v Speaker 1>threat to Israel and to the West.

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<v Speaker 4>You mentioned the midterm elections. We just had a bunch

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<v Speaker 4>of primaries, but also recently the President said he's not

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<v Speaker 4>thinking about American's financial conditions when he's talking about Iran. Now,

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<v Speaker 4>I know some people would say that was taken out

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<v Speaker 4>of context, but how difficult is that going to be

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<v Speaker 4>for Republicans when they try to deliver a message before November.

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<v Speaker 1>The midterms are always going to be difficult in the

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<v Speaker 1>determament of the president, particularly when there's one party in power.

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<v Speaker 1>So the Republicans have obviously the House, the Senate, and

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<v Speaker 1>the White House, and American voters have always wanted to

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<v Speaker 1>have divided government, and so you would anticipate already a

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<v Speaker 1>significant year for Democrats. I think you add on to

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<v Speaker 1>that what you've seen with the economy and affordability crisis,

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<v Speaker 1>energy prices spiking, but also now the president has shown

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<v Speaker 1>his muscle in winning primaries. But if you're basically showing

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<v Speaker 1>that you want people who are more loyal to you,

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<v Speaker 1>how does that play to general election voters? I think

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<v Speaker 1>that that may be playing out to their strength in

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<v Speaker 1>the primary season memory, but creating an even bigger hurdle

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<v Speaker 1>for Republicans come November.

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<v Speaker 4>What does this mean for also the current Republicans in Congress.

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<v Speaker 4>A lot of Republicans were very disappointed of the President

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<v Speaker 4>yesterday going for Ken Paxton in Texas.

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<v Speaker 1>Well, that's obviously on the heels of taking out Republicans

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<v Speaker 1>in Indiana and taking out Thomas Massey and Kentucky, taking

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<v Speaker 1>out Bill Cassidy and Louisiana. And I think that you're

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<v Speaker 1>going to continue to see I think, less and less

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<v Speaker 1>done in Washington.

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<v Speaker 2>It's already hard to get something.

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<v Speaker 1>Done in midterm election cycle memory, but I think even

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<v Speaker 1>more so now because you're going to see those Republicans

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<v Speaker 1>begin to break further and further from the President. So

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<v Speaker 1>I would think there's been very little done legislatively. It

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<v Speaker 1>seems that this housing bill that seems to be Republicans,

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<v Speaker 1>there's only a handful of Republicans actually still believe in

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<v Speaker 1>free markets, because it seems like the vast majority of

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<v Speaker 1>them are partnering with the populace left and deciding who

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<v Speaker 1>can buy houses.

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<v Speaker 4>But if they're willing to break with this president, what

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<v Speaker 4>does that look like.

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<v Speaker 2>It looks like things stalling.

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<v Speaker 1>It looks like basically nothing else happening between now and Novembers.

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<v Speaker 1>It means that that things like the president's desire for

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<v Speaker 1>a ballroom funding doesn't happen. It potentially means that more

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<v Speaker 1>funding from the military doesn't happen.

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<v Speaker 4>I was going to say, we had an individual yesterday

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<v Speaker 4>saying we're going to be running out of.

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<v Speaker 2>The military budget for the war in Iran.

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<v Speaker 4>The president's asking for one point five trullion.

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<v Speaker 2>Now does he get that before November?

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<v Speaker 1>I think everything gets harder Now, everything does, and so

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<v Speaker 1>I would be basically wagering against anything else happening of

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<v Speaker 1>consequence between now and November.

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<v Speaker 4>Does that mean that we see a president that's going

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<v Speaker 4>to be more assertive on Congress and try to do

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<v Speaker 4>things through executive order?

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<v Speaker 1>Well, I think that's already been the case, right right.

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<v Speaker 1>I mean, this administration clearly believes they don't need Congress

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<v Speaker 1>for much, and they think that they can do it

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<v Speaker 1>just from an executive branch. That's going to become a

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<v Speaker 1>bigger and bigger challenge after the midterms, because there'll be

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<v Speaker 1>a bigger and bigger clash with the legislative branch at

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<v Speaker 1>that point.

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<v Speaker 4>Mark Short, thank you so much for your time.

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<v Speaker 2>Evering morning.

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<v Speaker 4>Thanks for coming in. That was Mark Short.