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Speaker 1: Now from our nation's capital. This is Bloomberg Sound on

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Speaker 1: those people who live in these four regions by becoming

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Speaker 1: our citizens forever, you will expect to this. It was predicted,

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Speaker 1: but nonetheless shock. United States will never, never recognize Russia's

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Speaker 1: claims on Ukraine. Sovereign Terry Bloomberg Sound on politics, policy

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Speaker 1: and perspective from DC's top name. Power is a big issue.

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Speaker 1: The water was up over the rooftop. We had a

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Speaker 1: Coast Guard rescue swarmer identified that it appeared to be

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Speaker 1: human remains. Bloomberg Sound on with Joe Matthew on Bloomberg Radio.

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Speaker 1: Vladimir Prutin says the annexation is forever. Welcome to the

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Speaker 1: fastest hour in politics, as the Russian president completes Europe's

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Speaker 1: biggest land grab since World War Two. The UN calls

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Speaker 1: the move illegal. The US is cranking up the sanctions.

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Speaker 1: Will be joined at this critical point in the war

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Speaker 1: in Ukraine by Michael O'Hanlon, senior fellow at the Brookings Institution.

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Speaker 1: Later this hour, Hurricane Ian makes landfall for a second

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Speaker 1: time after leading a leaving a wide path of destruction

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Speaker 1: in Florida. We'll get the latest from Bloomberg's Will Wade,

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Speaker 1: who is still in Florida surveying the damage, and we'll

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Speaker 1: look at a wild week in politics with our signature

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Speaker 1: panel Bloomberg contributors Rick Davis and Jeannie Chanzano or with

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Speaker 1: us for the hour. Everyone saw it coming, but it

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Speaker 1: was still startling to hear from Vladimir Putin today as

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Speaker 1: he formalized Russia's annexation of what is fifteen percent of Ukraine,

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Speaker 1: the regions we've talked about throughout the war, Curson, Zaparisha,

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Speaker 1: Donas and Luhansk, four territories. He spoke to a massive

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Speaker 1: white ballroom full of lawmakers and elite. As we hear

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Speaker 1: through a translator, I want the key of authorities, and

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Speaker 1: they're real masters in the West to hear me and

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Speaker 1: remember but those people who live in these four regions

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Speaker 1: by becoming our citizens forever, our citizens forever. Now. Of course,

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Speaker 1: the international community condemns this move as illegal. We have

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Speaker 1: heard from the U n on this prutent clearly does

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Speaker 1: not see it that way. Here he is again it

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Speaker 1: is their lawful right, which is stated in the an

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Speaker 1: Article one of the Charter of the United Nations for

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Speaker 1: people's right for self determination. Uh u N Secretary General

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Speaker 1: Antonio gu Terrorists says in a statement qulled the Charter

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Speaker 1: is clear any annexation of a state's territory by another

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Speaker 1: state resulting from the threatned use of force is a

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Speaker 1: violation of the Charter. Here's reaction today from the White House,

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Speaker 1: President Biden, the United States, who want to be very

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Speaker 1: clear about this. The United States will never, never, never

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Speaker 1: recognize Russia's claims on Ukraine sovereign territory and more. Where

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Speaker 1: that came from the US increasing pressure today on Russia

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Speaker 1: with who knew there were more sanctions that we could

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Speaker 1: add here, sanctions against the head of Russia's Central Bank,

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Speaker 1: it's deputy Prime Minister, hundreds of other prominent Russians and businesses,

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Speaker 1: the Commerce Department adding fifty seven entities to its Russian

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Speaker 1: export blacklist. Of course, there's a lot of worry that

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Speaker 1: Putin could use the annexation, which again covers fifteen of Ukraine,

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Speaker 1: is grounds for escalation. Will he see an attack on

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Speaker 1: land that Ukraine considers its own as an attack on

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Speaker 1: sovereign Russian territory. This is getting more dangerous and certainly

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Speaker 1: more complex, and we wanted to talk about it with

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Speaker 1: Michael O'Hanlon, author and Senior Fellow and director of Research

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Speaker 1: and Foreign Policy at the Brookings Institution. He's with us now, Michael,

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Speaker 1: thank you for being here with this. This move by

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Speaker 1: Putin lead to a wider war. Well, thank you, and

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Speaker 1: thank you for the excellent praying of the issue. I

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Speaker 1: think your point that Russia may want us to believe that,

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Speaker 1: at least in their own, you know, Russian minds, this

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Speaker 1: is now Russian territory, the swath of land from the

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Speaker 1: Dome Bus over to Crimea, I think that's you know,

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Speaker 1: that's possible. On the other hand, you know, Ukraine has

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Speaker 1: been attacking Crimea in various states of this fight, Russian

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Speaker 1: positions in Crimea and Russia next Crimea quite a while ago,

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Speaker 1: you know, according to Russia's own rules and regulations and

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Speaker 1: Putin's of view. So I don't know that we need

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Speaker 1: to be scared of our own shadow on this. I

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Speaker 1: don't think that we need to sort of hold back

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Speaker 1: the Ukrainians from trying to liberate more of these four

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Speaker 1: provinces just because Russia might manufacture some argument that even

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Speaker 1: Putin would know is ridiculous and therefore justify an opportunity

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Speaker 1: for further retaliation. You know, Putin, Um, I think when

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Speaker 1: he talks and when he speaks and when he writes,

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Speaker 1: there's at least two different levels of seriousness and maybe three.

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Speaker 1: One is what he really believes, and he actually sometimes

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Speaker 1: tells you what he really believes, like that essay he

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Speaker 1: wrote last summer, or the Munich Security Speech of two

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Speaker 1: thousand seven when he railed against the West and all

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Speaker 1: of its supposed offenses against him and against Iraq and

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Speaker 1: Georgia Ukraine. Then there's the Putin that is manufacturing pretexts

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Speaker 1: for something he already wants to do, like in Book

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Speaker 1: un Charter, to defend this annexation. And then there's the

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Speaker 1: Putin that just flat outlies, uh. And that's and that's

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Speaker 1: and that's in regard to things like you know, interfering

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Speaker 1: in our elections or arming separatists and Dome Boss and

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Speaker 1: you've you've sort of got to think hard about which

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Speaker 1: level of communication are you dealing with with Putin, because

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Speaker 1: they're all relevant and they're not that hard to tell apart, uh,

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Speaker 1: you know. But but of course he's trying to use

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Speaker 1: them all in a way that's confusing and at least

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Speaker 1: maybe for his own people, and for some wavering countries

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Speaker 1: around the world, maybe they're not as sure about And

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Speaker 1: they were all in that speech today, All those all

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Speaker 1: three of those Putin's you mentioned have played a role

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Speaker 1: in this address. But you mentioned Crimea. That's interesting. This

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Speaker 1: was informed by what he did in crime You How

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Speaker 1: is it different, Well, it's different in the sense that,

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Speaker 1: you know, if you're going to have a good old

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Speaker 1: fashioned high school or college debate or something like that,

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Speaker 1: you could you could you could put pretty smart people

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Speaker 1: on each side of the Crimea issue as to who's

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Speaker 1: it should rightly be and have a good long conversation

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Speaker 1: without having to bring in Russian duplicity. Doesn't wouldever justify

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Speaker 1: the way Putin took it in, of course, but but

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Speaker 1: you could certainly argue that historically, if you know, if

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Speaker 1: you go back centuries, Crimea was occupied by the Ottoman

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Speaker 1: Turks for a while, and it's just had a much

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Speaker 1: more complicated role in Russia and Ukrainian history than some

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Speaker 1: central parts of the country. Beyond the case to be made, though,

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Speaker 1: just I wonder does it end differently? You know, this

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Speaker 1: is actually Crimea annexing Crimea worked out pretty well, for Putin,

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Speaker 1: he didn't. I mean, there were some sanctions, but he

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Speaker 1: didn't really have to face that much opposition. They've got

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Speaker 1: tanks on the ground this time around. Yeah, I mean,

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Speaker 1: you know, in addition to the fact that Primea has

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Speaker 1: a lot of Russians and Russian speakers and a lot

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Speaker 1: of history with Russia and was given by Krushov to

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Speaker 1: Ukraine just sort of as an internal rearrangement within the

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Speaker 1: Soviet Union, when it didn't really matter. The four provinces

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Speaker 1: that Putin's just grabbed or claim to grab, you know,

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Speaker 1: they have a lot of historically have had a lot

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Speaker 1: of pro Russian and Russian speaking populations. But but this

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Speaker 1: is a completely manufactured argument compared to Crimea, where you know,

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Speaker 1: I obviously didn't support what he did in Crimea, but

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Speaker 1: you could sort of see the case for not what

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Speaker 1: he did, but for a referendum that would allow uh

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Speaker 1: citizens of Crimea to choose between Russia and Ukraine. That

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Speaker 1: might have been a close call, but not so much

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Speaker 1: with these four regions. I mean, the separatists in certain

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Speaker 1: parts of Dombas in the east are in Russia friendly territory,

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Speaker 1: but especially given what's happened these last few years and

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Speaker 1: these last few months. I just don't think there's any

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Speaker 1: argument that Putin can make that these four provinces belong

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Speaker 1: with Russia. So I guess that's an even more stark

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Speaker 1: offense against sovereignty and against the UN Charter what he's

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Speaker 1: just done this week. Michael, what do you think of

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Speaker 1: the sanctions the response today? Clearly they kind of had

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Speaker 1: this in their pocket for the next shoot to drop. Um,

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Speaker 1: And I just asked myself every time, you know, we

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Speaker 1: we thought we had done everything we could. Why didn't

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Speaker 1: Why didn't we front load the sanctions more? Because it

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Speaker 1: certainly didn't slow down Vladimir Putin the way we did it. Yeah,

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Speaker 1: you're right, Um, we'll probably have in our pocket. By

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Speaker 1: the way, Well, since it's a Friday afternoon and I

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Speaker 1: like looking on the positive, I will say the way

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Speaker 1: in which we've reacted hopefully has been noticed in Beijing.

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Speaker 1: Because as bad as this war is in Ukraine, and

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Speaker 1: it's of course nowhere near over, and it could still escalate. Uh,

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Speaker 1: even worse would be a Chinese attack on Taiwan. And

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Speaker 1: even though it turns out we didn't have a full

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Speaker 1: range of sanctions conceptualized in advance, and you're right, we

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Speaker 1: should have done better. And I did some writing about

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Speaker 1: this two or three years ago, and which I argued

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Speaker 1: for having that kind of a range of sanctions in

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Speaker 1: better place and also some better resilience in the West

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Speaker 1: so we can withstand the counter reaction, you know, whether

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Speaker 1: it's from Russia China nonetheless, Um, you know, it's been

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Speaker 1: pretty painful for Russia to see that they're basically not

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Speaker 1: getting any high tech goods from anywhere on the planet,

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Speaker 1: even from China. And and I hope the Chinese themselves

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Speaker 1: have noticed that. You know, if they were attacked Taiwan,

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Speaker 1: it might take us a while to figure out how

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Speaker 1: to decouple from them economically, and in some ways it

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Speaker 1: would hurt us just as much as it hurt them.

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Speaker 1: But we would do it because we in the West

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Speaker 1: still have a certain amount of backbone and principle. We're

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Speaker 1: still ratcheting up things on the military side too. It's

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Speaker 1: not just the sanctions. Jake Sullivan today said we might

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Speaker 1: consider sending tanks. Uh do you see that? And is

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Speaker 1: that any different than sending MiGs a couple of months

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Speaker 1: ago when when the Ukraine was begging for them. It's

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Speaker 1: a good question whether it's that much different than sending

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Speaker 1: fighter aircraft. But I think it is different ultimately than

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Speaker 1: sending fighter aircraft or long range missiles that could reach

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Speaker 1: into Russia, because we at least are clarifying that we're

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Speaker 1: trying to create capable for Ukraine to liberate its own territory. Now,

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Speaker 1: in theory, a tank can drive a thousand miles from

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Speaker 1: North I get I get the point though, right, but

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Speaker 1: it needs a logistical support line, and um, you know,

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Speaker 1: it's not the kind of thing that can you can

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Speaker 1: just wake up one day and fire on Moscow, whereas

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Speaker 1: with or attack coms you could. So I think the considering, uh,

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Speaker 1: considering sending tanks. By the way, the polls have already

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Speaker 1: sent a lot, and so it's not like we would

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Speaker 1: be crossing a threshold for the first time. We would

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Speaker 1: just be sending traditionally Western tanks, you know, and sending more.

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Speaker 1: I think that makes sense because the Ukrainians are not

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Speaker 1: going to liberate all of their currently Russian occupied territory

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Speaker 1: just with high mars, just with these precise artillery rounds.

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Speaker 1: They're gonna need to be able to move across open terrain.

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Speaker 1: So I think you know Jake Sullivan may have it right. Lastly, Michael,

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Speaker 1: I have only a minute, and I appreciate your time today.

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Speaker 1: That the ideas that we heard, the theories we heard

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Speaker 1: come from Vladimir Putin today, Uh, we're really jaw dropping

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Speaker 1: at times. I mean, he invokes Satanism when talking about

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Speaker 1: the US. Is after what you saw and heard today?

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Speaker 1: Is is this a man of sound mind? Unfortunately? Yes,

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Speaker 1: Well maybe it's not unfortunate. Maybe it's better than the alternative.

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Speaker 1: I think he's whipped himself into a frenzy. You know.

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Speaker 1: I was just rereading Bill burns memoirs this week. Bill Burns,

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Speaker 1: the CI director who has been ambassador to Moscow and

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Speaker 1: had been under secretary and then Deputy Secretary of State,

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Speaker 1: and has known Putin for twenty plus years. And the

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Speaker 1: way Bill Burns describes Putin, he he says his views

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Speaker 1: have hardened over the years, and I think that's a

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Speaker 1: night Bill Burns is always a master of understatement, but

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Speaker 1: he's also a master of precision, and I think that's

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Speaker 1: a good way to look at it. I don't see

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Speaker 1: any sign yet that Putin is either crazy or dying. Um,

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Speaker 1: I guess just as yeah, and I think what he

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Speaker 1: does is he uses in this kind of a situation,

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Speaker 1: he'll use rhetoric, He'll he'll ramp it up, he'll go

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Speaker 1: a little off the rails. He himself knows that he's

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Speaker 1: doing in that um. But I don't think he's really

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Speaker 1: lost his marvels. And that's probably just as well since

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Speaker 1: he has five thousand the day left. God Michael O'Hanlon,

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Speaker 1: great conversation from Brookings. Thank you. We assemble the panel

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Speaker 1: next on a Friday, Rick and Genie, this is Bloomberg.

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Speaker 1: You're listening to Bloomberg who sound on with Joe Matthew

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Speaker 1: on Bloomberg Radio. Satanism, neo colonialism, the ideals that drive

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Speaker 1: America in the eyes of Vladimir Putin. It was quite

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Speaker 1: a speech today, quite a show at the Kremlin, and

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Speaker 1: we did catch a few people falling asleep. Yes we

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Speaker 1: see you, Sergey. Here's Vladimir Putin addressing what appeared to

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Speaker 1: be hundreds in the room gathered for this. They wanted

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Speaker 1: to see us as a colony. They don't want to

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Speaker 1: have an equal partnership and corporation. They don't want to

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Speaker 1: see us as a free people. For them directs threat

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Speaker 1: are you our philosophy, and this is why culture and

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Speaker 1: our philosophy is not to their la king through a translator.

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Speaker 1: Of course, let's assemble the panel Bloomberg Politics contributors Jeanie

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Speaker 1: Chanzano and Rick Davis together again. Rick is back with us,

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Speaker 1: and boy just in time. Rick, what a what a

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Speaker 1: display in Moscow this morning. But this was kind of

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Speaker 1: a new level from Vladimir Putin. I mean he was

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Speaker 1: going back to Vietnam, he went back to the Korean War,

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Speaker 1: he went back to Hiroshima uh to frame the United

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Speaker 1: States as this, you know, colonial empire that wanted to

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Speaker 1: make Russia its own colony. And yes, people were falling

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Speaker 1: asleep in there because it was a long speech, but

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Speaker 1: most of them were nodding along with this. This is

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Speaker 1: their reality. Yeah, this is Russia as we know it

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Speaker 1: in the leadership. I'm not sure how much of this

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Speaker 1: would be wholly supported amongst the people of Russia. We

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Speaker 1: see a different reaction happening on the ground there now

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Speaker 1: toward the war, and you can assume that we sort

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Speaker 1: of fit into that Ukraine perspective. But look, this is

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Speaker 1: Vladimir putting on the ropes. I mean, he's used to

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Speaker 1: given stem Winders and and and and and and and

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Speaker 1: bloviating about you know, the past, and and we know

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Speaker 1: his view of the past, right, it's it's it's it's fascist,

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Speaker 1: it's dangerous, it's it's an ugly view of the past.

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Speaker 1: And and he put that on full display. I mean,

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Speaker 1: I think this was as much about trying to push

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Speaker 1: the West into pushing Ukraine to try and negotiate a

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Speaker 1: settlement as it was laying the groundwork for potential escalation. So,

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Speaker 1: you know, on one hand, he's de escalating by trying

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Speaker 1: to force us to the table by you know, being

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Speaker 1: so rhetorically over the top, and then on the other hand,

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Speaker 1: lays down a marker in the sand. It says, anybody

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Speaker 1: who fights on this territory is now fighting in Russia

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Speaker 1: and and we'll see that as an attack on the

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Speaker 1: onland and therefore escalates. So uh, only he could do

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Speaker 1: both in one speech. And uh, and I think that's

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Speaker 1: what we witnessed today. That's fascinating thought, Jennie. We've talked

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Speaker 1: about this possibility, we saw it in Crimea, we've talked

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Speaker 1: about it on this show. And sure enough, he schedules

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Speaker 1: the the votes and the so called referendums and then

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Speaker 1: followed by almost immediately the annexation. Uh. This time around, though,

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Speaker 1: the world is watching in a different way than when

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Speaker 1: he annexed CRIMEA. Does this make it more dangerous or

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Speaker 1: is it possibly an off ramp that that he's paving here?

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Speaker 1: You know, this speech was remarkable in so many ways.

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Speaker 1: You know, I think in large part was intended for

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Speaker 1: the audience at home to show the people who are

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Speaker 1: of course suffering, and we've seen a lot of pushback

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Speaker 1: against his his call to get you know, more people

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Speaker 1: and scripted into the military. He is trying to show

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Speaker 1: them their sacrifices were not in vain. The to me,

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Speaker 1: it read like an attempt at a Russian victory speech.

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Speaker 1: You know, we are now victorious, if you will. As

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Speaker 1: they held hands together with these you know, Fox leaders

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Speaker 1: of these four annexed areas. And I agree completely with

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Speaker 1: with Rick's interpretation. You know, what we're seeing here is

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Speaker 1: he is saying, Okay, we've gotten what we wanted. Now

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Speaker 1: we're ready to go to the table. But how on

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Speaker 1: earth could Ukraine's president go to the table. And then

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Speaker 1: on the other hand, he's saying, and if we don't

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Speaker 1: you know, the reality is that we were going to

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Speaker 1: use all means at our disposal to keep this territory,

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Speaker 1: and that includes this continued threat of nuclear attacks. So

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Speaker 1: you know, it is a very very difficult time and

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Speaker 1: what a show from all perspectives. Well, he really wanted

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Speaker 1: to frame this as a cultural war as well. He

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Speaker 1: spent a lot of time talking about the competing cultures here,

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Speaker 1: uh and even sounded a little bit like a victor

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Speaker 1: orban I don't know if he's trying to get a

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Speaker 1: book at CEPAC, but Vladimir prutents go on all the

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Speaker 1: way to like the tram this issue here in schools

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Speaker 1: in the United States. Listen to this. If we want

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Speaker 1: in our schools, primary schools for children being taught about

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Speaker 1: degradation and be told that there women and men and

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Speaker 1: then there they and that someone is having a sex

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Speaker 1: change operation, No, we don't want it for us. It

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Speaker 1: is not acceptable. That's I mean, this is really getting

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Speaker 1: out there. Rick, what who is he talking to? Probably

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Speaker 1: Tucker Carlson that he wants want to go on Fox News.

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Speaker 1: Tucker might be a speechwriter. The reality is this is

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Speaker 1: all part of this same elaborate attempt that that Russia

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Speaker 1: is making to divide the US along cultural lines, along

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Speaker 1: race lines. I mean we've we've been learning even this

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Speaker 1: week that there have been all kinds of efforts, you know,

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Speaker 1: by the Russian disinformation Bureau to try and penetrate um

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Speaker 1: what's happening in our mid term elections. I mean this,

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Speaker 1: this is this is a constant struggle for truth, and

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Speaker 1: Vladimir Putin is the master of the lie. And so

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Speaker 1: I think that part of what this speech should do

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Speaker 1: is galvanize the West, not divided, and empower them to

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Speaker 1: realize that this is not going to stop in Ukraine. Right,

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Speaker 1: we were focused on Ukraine. Right, the free people Ukraine

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Speaker 1: to prevail. We want to deliver anything we can, but

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Speaker 1: this war will not end in Ukraine. Genie, We're out

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Speaker 1: of time. But do the sanctions meet the moment this

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Speaker 1: time around? You know, I think they are okay. And

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Speaker 1: watch for him to try to conscript some Ukrainian men

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Speaker 1: from these works territories, and that's com'll see those images

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Speaker 1: this weekend. Great to have Rick and Jennie with us

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Speaker 1: for the hour. We're gonna turn to the hurricane next

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Speaker 1: and head to Florida with Bloomberg's Will Wade. This is Bloomberg.

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Speaker 1: The headline on the terminal says it all here a

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Speaker 1: death toll from hurricane and likely to take weeks to finalize.

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Speaker 1: And that is the story in Florida, whereas I read,

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Speaker 1: it's one of the first questions asked in the aftermath

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Speaker 1: of a massive hurricane like Ian, and at this point

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Speaker 1: one of the hardest to answer. How many people have died?

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Speaker 1: Kevin Guthrie is the head of emergency management in the

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Speaker 1: state of Florida. This is from his most recent briefing.

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Speaker 1: We have twelve unconfirmed fatalities in Charlotte County. We have

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Speaker 1: eight unconfirmed fatalities in Carrier County. We have one confirmed

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Speaker 1: fatality in um in Polk County. So that brings us

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Speaker 1: up to one total twenty one. Here they're trying to

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Speaker 1: when he says unconfirmed, the state is trying to verify

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Speaker 1: whether they were a result of the storm or unrelated causes.

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Speaker 1: But I think we know that this number is going

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Speaker 1: to get worse. If you listen to Guthrie again, Florida's

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Speaker 1: emergency management director, he just just paints this terrifying picture.

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Speaker 1: As now, coach Guard divers are starting to head underwater

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Speaker 1: to continue with their search. Listen, the water was up

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Speaker 1: over the rooftop right, but we had a Coastguard rescue

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Speaker 1: swarmer swim down into it and he could identify that

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Speaker 1: it appeared to be human remains. We do not know

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Speaker 1: exactly how many. We do not know what the situation is.

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Speaker 1: And before we comment on that, we know we want

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Speaker 1: to be transparent, but we just don't know that number.

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Speaker 1: And we got a couple of other situations where we

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Speaker 1: had that particular type situation. Yeah, a couple of other

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Speaker 1: situations indeed, and what these rescuers are going through right

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Speaker 1: now is something that we'll never know. You'll never know

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Speaker 1: without doing it. Will Wade is in Florida still, he's

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Speaker 1: been driving around. Joined us yesterday from Tampa and he's

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Speaker 1: made his way to Venice, Florida. Bloomberg Energy reporter Will

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Speaker 1: Wade with of course an eye on the electric grid

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Speaker 1: and so much damage that has come. Well, thank you

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Speaker 1: so much for being back with us today on Bloomberg

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Speaker 1: Sound on. What is it like in Venice? Well, Venice

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Speaker 1: is starting to come back to life. I was in uh,

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Speaker 1: Charlotte yesterday. It was pretty trashed. Venice didn't get hit

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Speaker 1: as hard. Uh, nobody here has electricity. Nobody nobody even

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Speaker 1: knows when they're going to get electricity. But a lot

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Speaker 1: of the street signals are working and that's helping traffic flow.

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Speaker 1: I'm seeing some of the gas stations are back in service.

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Speaker 1: Yesterday there weren't any gas stations pumping gas around here,

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Speaker 1: and the huge lines of cars to get gas. I

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Speaker 1: actually really struggled to fill my tank yesterday. I finally

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Speaker 1: found a place in Tampa, so it's coming back to normal.

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Speaker 1: I saw a car loaded with surfboards. So people have

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Speaker 1: their priorities. Uh interesting though, that my gosh, there's just

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Speaker 1: been no progress in some areas when it comes to power.

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Speaker 1: We should let people know. By the way, Venice is,

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Speaker 1: it's Gulf Coast. It's south of St. Petersburg, south of Sarasota.

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Speaker 1: That about right, Well, yeah, yeah, it's it's a little

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Speaker 1: further north of Charlotte her which is where it was yesterday.

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Speaker 1: How much of a story was flooding there. I don't

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Speaker 1: think the flooding was that huge a story. What I

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Speaker 1: saw was a lot of trees that had been blown down.

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Speaker 1: I know, it's amazing, it's kind of the randomness. I

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Speaker 1: was talking to one woman She had this beautiful, huge

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Speaker 1: oak tree in her front yard and it was fine,

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Speaker 1: although a lot of branches fell down, big branches. But

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Speaker 1: there was another oak tree in her backyard, even bigger,

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Speaker 1: and that one blew down. So it can come by

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Speaker 1: and destroy one house or one tree and leave the

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Speaker 1: next one standing. Incredible. The hurricane is going to cost

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Speaker 1: us insure a sixty three billion dollars, according to a

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Speaker 1: risk modeling firm that Bloomberg spoke with today. Are are

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Speaker 1: are their folks already going out there to assess damage

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Speaker 1: at this point or is it still kind of rescue

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Speaker 1: mode across the state? You know, I don't actually know.

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Speaker 1: I'm sure that it's probably both. The rescue mode people

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Speaker 1: are have a lot of work to do. It can't

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Speaker 1: possibly be done. I'm sure they're still in the first

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Speaker 1: is of search and rescue. I did talk to a

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Speaker 1: couple of people that said they had already filed insurance claims.

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Speaker 1: I talked to gentlemen. He he lost his whole house.

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Speaker 1: So he was a in a mobile home community and

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Speaker 1: he came back yesterday morning and the roof was gone,

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Speaker 1: so it's a goner. So he's already filed for insurance

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Speaker 1: but he's planning to rebuild. He said he loves it there.

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Speaker 1: He's never gone anywhere else. That's incredible. That's Florida. Will

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Speaker 1: thank you. I appreciate your reporting and thanks for coming

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Speaker 1: back to talk to us today. Will wait as Bloomberg's

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Speaker 1: Energy reporter. What a week he's been having down there.

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Speaker 1: As we reassemble the panel, just for a moment on this,

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Speaker 1: we have breaking news from the White House. The story

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Speaker 1: I haven't even mentioned yet. It was one of the

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Speaker 1: biggest yesterday. Well, it's not a story anymore. Joe Biden

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Speaker 1: just signed the cr So guess what, everyone, The government

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Speaker 1: is not going to shut down at midnight, not that

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Speaker 1: anyone said that would happen. Rick Davis and Jeannie Chanzano

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Speaker 1: are with us Bloomberg Politics contributors. It's been interesting watching

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Speaker 1: Joe Biden these last forty eight hours as he navigates

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Speaker 1: government funding a war in Ukraine, you know, the situation

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Speaker 1: with Russia, everything else has been going on, but also

427
00:24:05,840 --> 00:24:09,679
Speaker 1: this hurricane. Uh, it's got to be a good moment

428
00:24:09,720 --> 00:24:12,960
Speaker 1: for him, knowing that Rick, he's he's been doing okay

429
00:24:13,000 --> 00:24:15,800
Speaker 1: on the phone with Rhoda Santis and there's no government

430
00:24:15,840 --> 00:24:19,760
Speaker 1: shutdown to worry about. Well, it's never good moment when

431
00:24:19,760 --> 00:24:22,920
Speaker 1: you have a hurricane devastating a big state like Florida,

432
00:24:23,200 --> 00:24:27,080
Speaker 1: and so uh, all efforts I'm sure underway, as they

433
00:24:27,119 --> 00:24:29,840
Speaker 1: have been in past administrations, to do everything they can

434
00:24:29,880 --> 00:24:34,040
Speaker 1: to unload resources into the state and manage, um, what's

435
00:24:34,080 --> 00:24:37,359
Speaker 1: happening there now, because obviously the storm itself is really

436
00:24:37,359 --> 00:24:41,520
Speaker 1: devastating and difficult, but the aftermath can also cost lives

437
00:24:41,640 --> 00:24:44,879
Speaker 1: and be very very tough on on on the people

438
00:24:44,880 --> 00:24:49,280
Speaker 1: of Florida, so and and now South Carolina and more so. Um,

439
00:24:50,040 --> 00:24:53,280
Speaker 1: I know Joe Biden is probably the most empathetic president

440
00:24:53,359 --> 00:24:56,360
Speaker 1: we've ever had, and I'm sure there's people there. Yeah,

441
00:24:56,440 --> 00:24:58,960
Speaker 1: but look, I mean, you know, the White House knew

442
00:24:59,040 --> 00:25:02,160
Speaker 1: that this um uh spending bill was going to get past.

443
00:25:02,280 --> 00:25:04,119
Speaker 1: They knew at the end of the day would probably

444
00:25:04,160 --> 00:25:07,480
Speaker 1: happen at the last minute. Uh, And so I don't

445
00:25:07,480 --> 00:25:10,639
Speaker 1: think that ruffled their their feathers very much. I would

446
00:25:10,640 --> 00:25:15,080
Speaker 1: say they're probably more ruffled by the hurricane than anything

447
00:25:15,119 --> 00:25:20,240
Speaker 1: they've done lately, because obviously this has just massive consequences

448
00:25:20,240 --> 00:25:23,440
Speaker 1: on a state that frankly is an incredibly important state

449
00:25:23,920 --> 00:25:26,560
Speaker 1: for the Democratic Party and the Republican Party. Has this

450
00:25:26,640 --> 00:25:29,800
Speaker 1: been a good week for Joe Biden? Jenny, Yeah, I

451
00:25:29,840 --> 00:25:32,000
Speaker 1: mean I think it has. He's been, as you mentioned,

452
00:25:32,000 --> 00:25:34,920
Speaker 1: dealing with a you know, a number of issues that

453
00:25:34,960 --> 00:25:37,439
Speaker 1: you know, you can imagine would take somebody, you know,

454
00:25:37,520 --> 00:25:40,520
Speaker 1: the entire news cycle in a regular time period, and

455
00:25:40,560 --> 00:25:42,360
Speaker 1: we've been dealing He's been dealing with all of them

456
00:25:42,359 --> 00:25:44,800
Speaker 1: at once, and he has done well, I think so

457
00:25:44,880 --> 00:25:47,919
Speaker 1: far in this storm, particularly by the state of Floriden.

458
00:25:48,080 --> 00:25:51,239
Speaker 1: Is his discussions with Rhonda Santis. Alright, we'll get back

459
00:25:51,280 --> 00:25:54,040
Speaker 1: to this with Rick and Genie on Bloomberg Sound On

460
00:25:54,080 --> 00:25:57,840
Speaker 1: the fastest hour in politics. Coming up, we'll stare down

461
00:25:57,880 --> 00:26:01,080
Speaker 1: the barrel of the next Supreme Court action that starts

462
00:26:01,880 --> 00:26:05,400
Speaker 1: next week. I'm Joe Matthew and Washington. Thanks for being

463
00:26:05,400 --> 00:26:11,119
Speaker 1: with us. This is Bloomberg. You're listening to Bloomberg. You

464
00:26:11,240 --> 00:26:17,479
Speaker 1: sound on with Joe Matthew on Bloomberg Radio. President Biden

465
00:26:17,560 --> 00:26:20,480
Speaker 1: says he is going to Florida and Puerto Rico. We

466
00:26:20,520 --> 00:26:23,320
Speaker 1: don't have details from the White House on these trips,

467
00:26:23,320 --> 00:26:26,919
Speaker 1: and I suspect that they'll be they'll be announced with

468
00:26:27,240 --> 00:26:30,639
Speaker 1: relatively little notice, as we just don't have a sense

469
00:26:30,640 --> 00:26:32,199
Speaker 1: of when it will even be safe for him to

470
00:26:32,200 --> 00:26:34,560
Speaker 1: go to Florida, never mind not get in the way.

471
00:26:34,840 --> 00:26:37,679
Speaker 1: Puerto Rico is a whole other matter, though in a

472
00:26:37,800 --> 00:26:41,760
Speaker 1: much more complex travel assignment for the White House staff.

473
00:26:41,760 --> 00:26:45,160
Speaker 1: We reassemble the panel with Jennie Chanzano and Rick Davis

474
00:26:45,160 --> 00:26:48,840
Speaker 1: Bloomberg Politics contributors are signature panel. Jennie, I wonder how

475
00:26:48,840 --> 00:26:50,879
Speaker 1: important it is for Joe Biden to make both of

476
00:26:50,880 --> 00:26:54,199
Speaker 1: those trips, uh and and namely, obviously Florida is going

477
00:26:54,280 --> 00:26:55,960
Speaker 1: to be done pretty quickly, I'd say in the next

478
00:26:56,000 --> 00:26:59,000
Speaker 1: week or two. But Puerto Rico is another matter and

479
00:26:59,119 --> 00:27:00,760
Speaker 1: something that he needs to make good on now that

480
00:27:00,800 --> 00:27:03,199
Speaker 1: he's put it out there. That's right. It's important to

481
00:27:03,240 --> 00:27:05,320
Speaker 1: go to both, and it is going to be really

482
00:27:05,359 --> 00:27:08,280
Speaker 1: difficult for him, particularly as you mentioned, to make that

483
00:27:08,320 --> 00:27:11,280
Speaker 1: Puerto Rico trip and to do it safely. Um. And

484
00:27:11,320 --> 00:27:14,719
Speaker 1: of course, always leaders as they go into these situations,

485
00:27:14,720 --> 00:27:17,200
Speaker 1: have got to be careful that they are not impeding

486
00:27:17,280 --> 00:27:20,880
Speaker 1: any sort of rescue missions or any of the efforts

487
00:27:21,040 --> 00:27:23,560
Speaker 1: down there. So I know the Florida one he will

488
00:27:23,600 --> 00:27:25,160
Speaker 1: be able to do, as you said, quickly. I think

489
00:27:25,160 --> 00:27:27,440
Speaker 1: the Puerto Rico one is a little bit more difficult.

490
00:27:27,440 --> 00:27:30,679
Speaker 1: And then of course we are hearing some really really

491
00:27:30,760 --> 00:27:33,800
Speaker 1: difficult signs out of Cuba as well. Um, and so

492
00:27:34,160 --> 00:27:37,639
Speaker 1: you know, he has not said anything about going there.

493
00:27:37,760 --> 00:27:39,119
Speaker 1: He's not going to go there, but there are a

494
00:27:39,200 --> 00:27:41,600
Speaker 1: lot of protests down there, and you know people have

495
00:27:41,760 --> 00:27:45,200
Speaker 1: been really violently hurt in the last week by this storm. Well,

496
00:27:45,200 --> 00:27:47,000
Speaker 1: I bet you Jim McGovern would like to get back

497
00:27:47,040 --> 00:27:48,879
Speaker 1: down there as soon as possible. But Rick, when you

498
00:27:48,880 --> 00:27:51,960
Speaker 1: think about that trip to Puerto Rico, Uh, the first

499
00:27:51,960 --> 00:27:54,879
Speaker 1: thing that pops into everyone's mind is Donald Trump throwing

500
00:27:54,920 --> 00:27:59,359
Speaker 1: paper towels. There's more than the logistical challenges here, there

501
00:27:59,359 --> 00:28:02,320
Speaker 1: are the politic ones. How does he prepare to make

502
00:28:02,400 --> 00:28:05,720
Speaker 1: that a trip that works for him? Yeah, these uh,

503
00:28:05,840 --> 00:28:09,760
Speaker 1: these big storms can be uh really terminal to a

504
00:28:09,840 --> 00:28:14,359
Speaker 1: lot of people's political career. Uh. Mind everybody about George

505
00:28:14,400 --> 00:28:17,159
Speaker 1: Bush and Katrina, as it was the beginning of the

506
00:28:17,240 --> 00:28:21,720
Speaker 1: end of his presidency. Um, you look at, uh what

507
00:28:22,400 --> 00:28:26,640
Speaker 1: happened to Chris Christie when he hugged uh President Obama

508
00:28:26,680 --> 00:28:29,840
Speaker 1: when he came there and sort of ended his national ambitions.

509
00:28:30,240 --> 00:28:35,520
Speaker 1: Uh So, yeah, it's it's fraught with political trouble. And

510
00:28:35,520 --> 00:28:38,880
Speaker 1: and yet I think, you know, this president probably more

511
00:28:38,920 --> 00:28:42,040
Speaker 1: than any other who's he's been around such a long

512
00:28:42,120 --> 00:28:45,280
Speaker 1: time as vice president for eight years, he's visited so

513
00:28:45,320 --> 00:28:50,480
Speaker 1: many of these kind of uh um, challenging environments that

514
00:28:50,560 --> 00:28:53,800
Speaker 1: I think, in this case, experience will be very meaningful

515
00:28:53,880 --> 00:28:56,920
Speaker 1: for him. And look, you can't do any worse than

516
00:28:57,120 --> 00:29:03,040
Speaker 1: than than his predecessor, uh Trump throwing paper towels and

517
00:29:03,240 --> 00:29:05,800
Speaker 1: you know, things like that into a crowd. And and

518
00:29:05,840 --> 00:29:08,360
Speaker 1: this of course is after he'd already beat up the

519
00:29:08,600 --> 00:29:12,240
Speaker 1: people of Puerto Rico by insisting that, uh he wasn't

520
00:29:12,240 --> 00:29:15,880
Speaker 1: gonna spend any federal resources on on their recovery. So,

521
00:29:16,600 --> 00:29:19,960
Speaker 1: uh this will be a snap compared to what they've

522
00:29:20,000 --> 00:29:22,880
Speaker 1: experienced in the most recent past. Yeah, I guess so

523
00:29:23,160 --> 00:29:26,760
Speaker 1: the comparison is favorable. Um. I want to ask you

524
00:29:26,760 --> 00:29:29,960
Speaker 1: both about next week, and that's, of course, the new

525
00:29:30,360 --> 00:29:33,560
Speaker 1: term of the Supreme Court. And there's a lot involved

526
00:29:33,560 --> 00:29:38,600
Speaker 1: here today though. It was the investiture ceremony for of course,

527
00:29:38,640 --> 00:29:41,680
Speaker 1: the new Justice Katangi Brown Jackson, as you hear now

528
00:29:42,160 --> 00:29:46,240
Speaker 1: walking out under the steps of the Supreme Court with

529
00:29:46,360 --> 00:29:50,640
Speaker 1: the Chief Justice, and they spent some time, you know,

530
00:29:50,720 --> 00:29:53,760
Speaker 1: making small talk while they had their pictures taken John Roberts.

531
00:29:53,760 --> 00:29:56,680
Speaker 1: Then he peeled off and her husband met her there

532
00:29:56,680 --> 00:29:58,479
Speaker 1: for a couple of photos as well. They made their

533
00:29:58,480 --> 00:30:02,240
Speaker 1: way off and that where she was worn and already. Uh.

534
00:30:02,280 --> 00:30:06,160
Speaker 1: This was the sort of formal ceremony. And then things

535
00:30:06,240 --> 00:30:12,880
Speaker 1: begin on Monday, with of course Justice Jackson involved here

536
00:30:13,480 --> 00:30:15,760
Speaker 1: and we've talked a bit about this, uh, this new

537
00:30:15,880 --> 00:30:19,640
Speaker 1: term that starts on Monday. Genie, there is you know,

538
00:30:19,720 --> 00:30:23,080
Speaker 1: coming off of what nobody could have predicted this year,

539
00:30:23,120 --> 00:30:26,280
Speaker 1: particularly with the Row ruling. There are a lot of

540
00:30:26,320 --> 00:30:29,160
Speaker 1: concerns about what we might learn this time. What is

541
00:30:29,560 --> 00:30:32,520
Speaker 1: important to you as you look ahead, you know, the

542
00:30:32,520 --> 00:30:35,160
Speaker 1: first Monday in October always one of my favorite times

543
00:30:35,200 --> 00:30:37,400
Speaker 1: of the year. Joe Matthew as a Supreme Court takes

544
00:30:37,440 --> 00:30:40,040
Speaker 1: its seat for the new term. Oh, I love it.

545
00:30:40,320 --> 00:30:43,840
Speaker 1: But this term it's you know a little bit different.

546
00:30:43,960 --> 00:30:46,200
Speaker 1: I mean, I think the Supreme Court has been in

547
00:30:46,200 --> 00:30:49,000
Speaker 1: the public consciousness in a way that it hasn't been

548
00:30:49,080 --> 00:30:52,040
Speaker 1: for many many years. At this point, we are facing,

549
00:30:52,040 --> 00:30:53,880
Speaker 1: you know, less than six weeks to the mid term

550
00:30:53,920 --> 00:30:57,080
Speaker 1: and whisp their last year's last terms decision in the

551
00:30:57,120 --> 00:31:00,280
Speaker 1: Dobbs case is going to hang over what how pens

552
00:31:00,280 --> 00:31:03,000
Speaker 1: in that mid term. So you know, I think as

553
00:31:03,040 --> 00:31:05,480
Speaker 1: we look with a new justice, as you mentioned there,

554
00:31:05,880 --> 00:31:08,120
Speaker 1: I don't think we're going to see, quite frankly, much

555
00:31:08,120 --> 00:31:09,600
Speaker 1: of a shift. I think we're going to see a

556
00:31:09,600 --> 00:31:12,160
Speaker 1: lot of six three decisions are going to be continuing.

557
00:31:12,560 --> 00:31:15,600
Speaker 1: And we shouldn't forget that they have already accepted and

558
00:31:15,600 --> 00:31:19,840
Speaker 1: are going to hear some really politically fraud cases, including

559
00:31:19,920 --> 00:31:24,080
Speaker 1: this run. Yeah, this this one on elections, which promises

560
00:31:24,320 --> 00:31:27,040
Speaker 1: if they do go six three, as some people expect,

561
00:31:27,280 --> 00:31:30,080
Speaker 1: to really change the way we do elections in this country.

562
00:31:30,240 --> 00:31:32,000
Speaker 1: I have to been I thought, as the academic here

563
00:31:32,040 --> 00:31:34,800
Speaker 1: at the table, that you would have pointed to, uh,

564
00:31:34,920 --> 00:31:38,200
Speaker 1: the use of affirmative action in college admissions. That's that's

565
00:31:38,240 --> 00:31:41,960
Speaker 1: going to reverberate across the country either way. Ye that is,

566
00:31:42,040 --> 00:31:44,640
Speaker 1: and of course that also raises a question about whether

567
00:31:44,680 --> 00:31:47,080
Speaker 1: they respect their own precedents or not as they look

568
00:31:47,120 --> 00:31:50,160
Speaker 1: at issues of affirmative actions. So that's one of several

569
00:31:50,360 --> 00:31:53,400
Speaker 1: big cases they have coming up this term. We're gonna

570
00:31:53,400 --> 00:31:55,160
Speaker 1: be talking a lot more about the Supreme Court, it

571
00:31:55,240 --> 00:31:59,280
Speaker 1: seems like in the months ahead. Here Rick, this is

572
00:31:59,360 --> 00:32:02,600
Speaker 1: yet another or sort of third rail when you consider

573
00:32:02,600 --> 00:32:05,400
Speaker 1: affirmative action coming off the term they just had. Yeah,

574
00:32:05,440 --> 00:32:08,160
Speaker 1: you're absolutely right. I mean, these guys have found a

575
00:32:08,160 --> 00:32:12,320
Speaker 1: way to work themselves into the political lexicon of America. Right.

576
00:32:12,480 --> 00:32:15,200
Speaker 1: Used to think that, uh, you know, the Supreme Court

577
00:32:15,240 --> 00:32:18,280
Speaker 1: would sort of function in a political way, that they

578
00:32:18,320 --> 00:32:21,360
Speaker 1: were behind the pearly gates of justice, and you know,

579
00:32:21,440 --> 00:32:24,160
Speaker 1: really those things were sort of torn down by this

580
00:32:24,240 --> 00:32:28,760
Speaker 1: last uh this last term where they entered into so

581
00:32:28,800 --> 00:32:34,480
Speaker 1: many very very fraught political debates. And this is I

582
00:32:34,520 --> 00:32:38,960
Speaker 1: think a little less charged than last year, but nonetheless,

583
00:32:39,040 --> 00:32:42,800
Speaker 1: we'll have a pretty significant impact. And and you know

584
00:32:42,920 --> 00:32:45,760
Speaker 1: these kinds of cases you were talking about affirmative action,

585
00:32:46,440 --> 00:32:50,280
Speaker 1: Genie's you know, talking about these laws governing voting rights

586
00:32:50,360 --> 00:32:53,360
Speaker 1: and giving absolute control by the legislatures, and they have

587
00:32:53,440 --> 00:32:57,200
Speaker 1: a they have a significant impact on how things happen

588
00:32:57,320 --> 00:32:59,760
Speaker 1: in this country functionally. So these aren't just s S

589
00:33:00,080 --> 00:33:03,240
Speaker 1: Terek things that the Supreme Court are doing and not

590
00:33:03,280 --> 00:33:06,600
Speaker 1: gonna affect everyday lives. Yeah, it's pretty amazing. I mean,

591
00:33:06,640 --> 00:33:10,440
Speaker 1: just October is going to be packed here, Uh, Jeanie,

592
00:33:10,520 --> 00:33:13,480
Speaker 1: how important will it be for the country to get

593
00:33:13,560 --> 00:33:18,560
Speaker 1: used to uh justice? Katangi Brown Jackson. Uh, it's been

594
00:33:18,600 --> 00:33:21,520
Speaker 1: a minute since we've had a new justice. Obviously, that

595
00:33:21,560 --> 00:33:25,160
Speaker 1: brings us back to the last president here, and it's

596
00:33:25,160 --> 00:33:27,440
Speaker 1: something that so many people have looked forward to. Are

597
00:33:27,320 --> 00:33:30,520
Speaker 1: are we beyond that point of this story here? And

598
00:33:30,600 --> 00:33:32,760
Speaker 1: she's going to become you know, part of this thing

599
00:33:32,800 --> 00:33:34,880
Speaker 1: we call the Supreme Court? Or will she stand out

600
00:33:34,920 --> 00:33:38,320
Speaker 1: and draw more attention as an individual? You know, she

601
00:33:38,520 --> 00:33:41,400
Speaker 1: is a formidable justice and she you know, is the

602
00:33:41,480 --> 00:33:44,600
Speaker 1: first female African American on the court. Um. You know,

603
00:33:44,720 --> 00:33:47,720
Speaker 1: she is uh, you know, answering the the hopes and

604
00:33:47,720 --> 00:33:50,800
Speaker 1: prayers of so many Americans as she takes this important seat.

605
00:33:51,040 --> 00:33:53,800
Speaker 1: She's going to be there an awfully long time. Um.

606
00:33:53,840 --> 00:33:55,800
Speaker 1: One of the things we haven't talked about is the

607
00:33:55,800 --> 00:33:59,560
Speaker 1: fact that despite the President's promise to think about reforming

608
00:33:59,600 --> 00:34:01,920
Speaker 1: the core, there's been very little discussion of that in

609
00:34:01,960 --> 00:34:05,920
Speaker 1: the administration. So no sort of decisions, as you will,

610
00:34:06,320 --> 00:34:08,920
Speaker 1: in terms of you know, whether to allow these people

611
00:34:09,320 --> 00:34:12,319
Speaker 1: to to you know, mandatory retirement, those kinds of things.

612
00:34:12,320 --> 00:34:14,719
Speaker 1: So she will be there for many, many years. And

613
00:34:14,800 --> 00:34:16,799
Speaker 1: you know, she's entering a court while she will be

614
00:34:16,840 --> 00:34:20,920
Speaker 1: in the clear minority, and so also entering a court

615
00:34:20,920 --> 00:34:23,800
Speaker 1: in which you know, the American public is really questioning

616
00:34:23,840 --> 00:34:27,600
Speaker 1: the legitimacy of this institution. For out of ten Americans

617
00:34:27,640 --> 00:34:29,960
Speaker 1: feeling like it is an institution that is run by

618
00:34:30,000 --> 00:34:33,360
Speaker 1: politics versus objective law. That's a big problem for the Court.

619
00:34:33,640 --> 00:34:35,680
Speaker 1: We heard the Chief Justice try to walk it back

620
00:34:35,719 --> 00:34:39,719
Speaker 1: this summer, but even his own Justice Elena Kagan, said

621
00:34:39,760 --> 00:34:43,200
Speaker 1: she disagreed with him on that. Pretty remarkable, Rick, I

622
00:34:43,239 --> 00:34:45,239
Speaker 1: guess maybe a better way to ask that question is,

623
00:34:45,400 --> 00:34:48,680
Speaker 1: you know, as as as an historic member and newest

624
00:34:48,719 --> 00:34:52,240
Speaker 1: addition to the court, will she be under a greater

625
00:34:52,320 --> 00:34:55,719
Speaker 1: spotlight as a new justice and as an historic one.

626
00:34:56,160 --> 00:34:58,680
Speaker 1: You know, it's hard to tell at this point. Um,

627
00:34:58,760 --> 00:35:01,919
Speaker 1: there's been so much change on the Supreme Court over

628
00:35:01,920 --> 00:35:04,680
Speaker 1: the last few years that, um, you know, you're gonna

629
00:35:04,680 --> 00:35:07,120
Speaker 1: need sharp elbows to get noticed in this court. There

630
00:35:07,120 --> 00:35:09,960
Speaker 1: are gonna be a lot of new justices who are

631
00:35:10,040 --> 00:35:13,320
Speaker 1: going to be fighting for the ability to write opinions

632
00:35:13,360 --> 00:35:17,080
Speaker 1: and stake out turf. The reality, based on a six

633
00:35:17,160 --> 00:35:19,839
Speaker 1: three split of the court, uh is, if she's going

634
00:35:19,880 --> 00:35:21,920
Speaker 1: to write any opinions, they'll be in a minority. So

635
00:35:22,600 --> 00:35:25,640
Speaker 1: I think this court is so new that it's going

636
00:35:25,719 --> 00:35:29,239
Speaker 1: to be a while before American public really gets a

637
00:35:29,280 --> 00:35:31,800
Speaker 1: sense of the Court. Obviously, there's a really negative reaction

638
00:35:31,800 --> 00:35:35,279
Speaker 1: to the Court's last term, worst numbers and I've seen

639
00:35:35,320 --> 00:35:38,120
Speaker 1: in the Court in thirty five years and and so

640
00:35:38,360 --> 00:35:41,360
Speaker 1: this Court has to make decisions as to whether it

641
00:35:41,440 --> 00:35:45,560
Speaker 1: is going to become more uh engaged with the public

642
00:35:45,600 --> 00:35:48,640
Speaker 1: in order to kind of repair that damage, because that

643
00:35:48,760 --> 00:35:52,359
Speaker 1: damage speaks to the credibility that the Court has and

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00:35:52,400 --> 00:35:55,400
Speaker 1: its rulings and the impact the rulings have in society.

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00:35:55,719 --> 00:35:58,719
Speaker 1: In the past, they've been sacrosanc I'm not sure they

646
00:35:58,719 --> 00:36:02,040
Speaker 1: can count on that now. The Voting Rights Act, Clean

647
00:36:02,080 --> 00:36:07,120
Speaker 1: Water Act case, and uh, the race conscious admissions or

648
00:36:07,160 --> 00:36:11,680
Speaker 1: if you will, affirmative action at some universities will all

649
00:36:11,760 --> 00:36:16,839
Speaker 1: be heard in October. So we'll be talking a lot

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00:36:16,960 --> 00:36:19,920
Speaker 1: more about that coming up. I just wanted to remind

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00:36:19,960 --> 00:36:26,200
Speaker 1: everybody that this is starting on Monday. Boy, how about it? UH,

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00:36:26,480 --> 00:36:29,120
Speaker 1: great moment today at the White House. We try to

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00:36:29,239 --> 00:36:32,479
Speaker 1: end the week, my goodness, on a positive note. Joe

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00:36:32,480 --> 00:36:35,840
Speaker 1: Biden held an event here with the First Lady to

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00:36:35,960 --> 00:36:38,560
Speaker 1: celebrate the Jewish New Year. They did this this afternoon.

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00:36:38,560 --> 00:36:40,759
Speaker 1: I want to bring you into the East Room with

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00:36:40,880 --> 00:36:43,720
Speaker 1: a couple of words to think about here. Just consider

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00:36:43,800 --> 00:36:46,920
Speaker 1: this as you're driving home, as you walk into the weekend.

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00:36:46,920 --> 00:36:51,799
Speaker 1: Here's Joe Biden. Later, Rabbi Jonathan Sachs, who passed away

660
00:36:51,840 --> 00:36:56,080
Speaker 1: two years ago, once said that the most important lesson

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00:36:56,120 --> 00:36:59,720
Speaker 1: of the High Holidays is that nothing nothing is broken

662
00:37:00,040 --> 00:37:04,520
Speaker 1: on repair, nothing is broken beyond repair. It's never too

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00:37:04,640 --> 00:37:08,240
Speaker 1: late to change and to be better. I've always believed

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00:37:08,280 --> 00:37:11,560
Speaker 1: that message, and I also think it's universal. And we've

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00:37:11,600 --> 00:37:14,520
Speaker 1: emerged from one of our most difficult moments in our history.

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00:37:15,040 --> 00:37:18,480
Speaker 1: I believe nothing is broken beyond repair, and there's a

667
00:37:18,520 --> 00:37:20,960
Speaker 1: lot we can do to change things and make people together.

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00:37:22,239 --> 00:37:25,359
Speaker 1: Nothing is broken beyond repair. Have a great weekend. We'll

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00:37:25,400 --> 00:37:27,839
Speaker 1: see you back here on Monday. I'm Joe Matthew. This

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00:37:28,400 --> 00:37:29,040
Speaker 1: is Bloomberg