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Speaker 1: Live from our nation's capital. How do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do for the United States relationship with China?

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Speaker 1: Bloomberg Sound on, the insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. You're looking at seventy Kennedys for different vaccines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with kevin'sur

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Speaker 1: relate on Bloomberg and one oh five point seven f

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Speaker 1: m h D two, Night one of the Democratic National Convention,

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Speaker 1: featuring former Republican Governor John K. Sake and Senator Bernie

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Speaker 1: Sanders plus former First Lady Michelle Obama. We've got a complete,

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Speaker 1: complete synopsis come coming from Wendy Benjaminson. Uh, We're gonna

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Speaker 1: get a yangle covered. Plus what's on what's on Congress's mind?

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Speaker 1: If it's not fiscal stimulus, looks like they're talking about

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Speaker 1: the US Postal Service. Will dive into the policy and

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Speaker 1: the politics on that debate. As Speaker of the House

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Speaker 1: Nancy Pelosi is calling back the members from their August recess.

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Speaker 1: Lots to get through all of that, plus a little

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Speaker 1: bit of foreign policy as well. Why Taiwan is on

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Speaker 1: my radar. I will get to that sometime over the

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Speaker 1: course of the program as well. And SMP gains but

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Speaker 1: fails to eclipse. It's all time high. I'll give you

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Speaker 1: a markets wrap as well. As we head in to

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Speaker 1: the first of the two conventions, both virtual. You know,

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Speaker 1: we've got also this really important issue of the US

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Speaker 1: Postal Service, uh and, and that's going to get a

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Speaker 1: vote because the House that sets a vote on the

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Speaker 1: twenty five billion dollar aid package to help the embattled

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Speaker 1: Postal Service. And of course it comes at a time

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Speaker 1: in which Lewis and Joy who had the he's the

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Speaker 1: postmaster General, he had to the USPS looking appointed, he's

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Speaker 1: saying that now he's going to testify. He's agreed to

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Speaker 1: testify in the House next week during the GOP convention. So,

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Speaker 1: I mean, we've got all it's like two worlds colliding.

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Speaker 1: But we're gonna begin tonight with my colleague Wendy Benjaminson,

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Speaker 1: she of Courses, Bloomberg Politics editor. Um, Wendy, thanks for

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Speaker 1: joining us. I'm gonna I'm gonna pick your brain about

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Speaker 1: the the USPS. But hey, just a couple of hours,

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Speaker 1: we're finally going to get a convention, but no pop

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Speaker 1: and circumstance. What can I expect tonight from the first

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Speaker 1: night of the virtual Convention at the d n C. Well,

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Speaker 1: well that's right, Kevin, and thanks for having me. We're

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Speaker 1: we're going to have a series of live stream speeches

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Speaker 1: more than a convention, many of them prerecorded so that

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Speaker 1: zoom doesn't crash on them, or or whatever conference called

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Speaker 1: function they're using doesn't doesn't crash on them. So many

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Speaker 1: of this takes a lot of the kind of um

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Speaker 1: excitement and suspense there was any suspense out of political conventions.

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Speaker 1: There's as I heard someone saying, there's no balloon drops,

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Speaker 1: there's no you know, excitement, there's no cheering. They'll have

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Speaker 1: they'll try to pipe in the sounds of cheering from

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Speaker 1: remote watch parties around the country, but even those people

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Speaker 1: will probably be six to ten ft apart, so it's

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Speaker 1: not those sort of cheers. Um. The big speeches tonight

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Speaker 1: are four Republicans who now endorsed Joe Biden. That's a

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Speaker 1: little unusual, followed by Bernie Sanders at the opposite end

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Speaker 1: of the political spectrum. And then the big, the big

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Speaker 1: finale is Michelle Obama, who is really one of the

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Speaker 1: most popular figures in American politics. And um, we'll be

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Speaker 1: ending the night with a speech. Well, I want to

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Speaker 1: I want, you know, for purposes of our audiences, Wendy

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Speaker 1: Begins and Bloomer Politics editor, let's talk about the policy.

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Speaker 1: How do you how do you how do you get

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Speaker 1: John Kasik to square with Bernie Sanders from an economic

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Speaker 1: policy perspective? I don't, I don't know, maybe don't. That's

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Speaker 1: you know, they're just going to say from each of them.

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Speaker 1: So here's where I think Biden is what I think

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Speaker 1: the Biden camp is trying to do. They're trying to

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Speaker 1: use John Kasik and Meg Whitman and Christine Whitman and

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Speaker 1: Susan Molinari to say to you Obama Trump voters, UM

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Speaker 1: or two Republicans who are unhappy with Trump's presidency to say,

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Speaker 1: it's okay, you can vote for Joe Biden. You're not,

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Speaker 1: you know, betraying your values or your party or anything

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Speaker 1: like that, and then turn to the left literally and figuratively,

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Speaker 1: and say to the progressive Joe Biden's you know, not

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Speaker 1: going to betray your feelings or beliefs either. That he

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Speaker 1: is you know, you will get more from him than

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Speaker 1: you would from another four years of Donald Trump. So

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Speaker 1: he's there talking to different slices of the electorate with

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Speaker 1: these speeches. It's remarkable though, because if for Senator Bernie Sanders,

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Speaker 1: I mean, I mean, here, here's the architect of the

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Speaker 1: modern day democratic socialist socialism in our country, and he's

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Speaker 1: really going to play a unifier of sorts? Is he

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Speaker 1: going to give a rally the crowd of of of

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Speaker 1: universal healthcare? I mean, what is he going to go

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Speaker 1: into policy? Or is he gonna say, Hey, for right now,

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Speaker 1: this is the best we have to do. He's got

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Speaker 1: his plan tonight in the eight minutes he has to speak.

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Speaker 1: I mean, they're really moving this thing along, is that? Um,

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Speaker 1: that's it. That's it. He'll say that Joe Biden is

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Speaker 1: the one that the country needs to unify around. This

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Speaker 1: is what Bernie Sanders will say. And Um, whether you

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Speaker 1: agree with him on every policy or not, he's better

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Speaker 1: than Donald Trump. That the the whole idea of the

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Speaker 1: convention is to say could join us in defeating Donald

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Speaker 1: Trump joined them, the Democrats and defeating Donald Trump. Wow,

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Speaker 1: so what take us behind the scenes? I mean, what

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Speaker 1: are what are the reports on the ground saying about

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Speaker 1: precisely just how the optics of this wendy, because it

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Speaker 1: is really on the ground, are all in their heart.

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Speaker 1: That's what's just so bizarre, I mean, truthfully, because I

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Speaker 1: think back, you know, over the weekend. Again doesn't say

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Speaker 1: much about my social life, but over the weekend I

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Speaker 1: was watching all the old convention speeches. Remember Bill Clinton

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Speaker 1: got up there and kind of went off script, and

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Speaker 1: it was this meandering, you know speech and twelve and

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Speaker 1: everyone hailed it as all that's you know, you know,

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Speaker 1: the southern Democrat coming up and and really you know,

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Speaker 1: making a last stand. And and then you had you

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Speaker 1: had Barack Obama's who could forgotten two thousand and four

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Speaker 1: when he spoke at the convention. I mean, you had

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Speaker 1: all of these important important moments. Do you think that

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Speaker 1: anyone can break out of the virtual convention, especially if

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Speaker 1: they're already prerecorded, Wow, they're not even live. I do

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Speaker 1: think there will be a chance for people to break out, though.

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Speaker 1: I mean, look, we're all, we're all trying to make

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Speaker 1: everyone from Democrats, Republicans to to the convention, letners to us.

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Speaker 1: They're all trying to make the best of this rather

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Speaker 1: awful situation. So Michelle Obama could bring the house down right.

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Speaker 1: She's she's she gave a great speech in that's when

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Speaker 1: she said when they go low, we go high. Um.

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Speaker 1: She's expected. Well, at least the hype is that she's

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Speaker 1: going to top that tonight. Um she will um. You know,

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Speaker 1: and then you do have Bill Clinton, you do have

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Speaker 1: Hillary Clinton. Over the next few days. You have a

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Speaker 1: lot of really good speakers, ending with Kamala Harris and

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Speaker 1: the vice presidential nominee, and Joe Biden, the presidential nominee.

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Speaker 1: So there is who will get much more than eight

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Speaker 1: minutes to speak. So there is a chance for a

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Speaker 1: speech that will move the country. The question is how

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Speaker 1: many people are going to watch. That's what I was

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Speaker 1: a series of live stream speeches. It's like spending your

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Speaker 1: evening watching a zoom call, you know, for two hours

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Speaker 1: every night. When live events they are putting in musical events,

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Speaker 1: they're putting in some fun you know, there's a lot

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Speaker 1: of different musical acts. So we'll see one thing that

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Speaker 1: you and I can agree on is We've all been

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Speaker 1: on those You have to show up to that zoom,

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Speaker 1: you know, it's like it's like the the zoom that

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Speaker 1: you get invited to, and you you try to think

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Speaker 1: of eight million reasons why you don't have to show up,

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Speaker 1: and then you go on and you're like, why did

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Speaker 1: I agree to do this? Why did I agree? I mean,

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Speaker 1: and that's kind of what I'm always eager to get

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Speaker 1: on those calls. Oh well, no, unless it's my niece

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Speaker 1: and nephew who are going to grab the phone, I

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Speaker 1: don't I don't really care. I shouldn't have said that

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Speaker 1: I'm gonna get in trouble. Um. Let me ask you

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Speaker 1: about this though, for real, I mean one of the things.

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Speaker 1: And and folks, you're gonna hear me mention this over

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Speaker 1: the next couple of days. One of the speeches that

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Speaker 1: I'm most most curious to see is Alexandria Acostio cortez Um,

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Speaker 1: as well as next week Senator Tim Scotty, Republican from

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Speaker 1: South Carolina, because here too, rising stars within their virtual

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Speaker 1: political movements, and and here's one who who is the

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Speaker 1: heir apparent, so to speak, of democratic socialism. In the latter,

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Speaker 1: of course, being the Jack Kemp air apparent to a

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Speaker 1: new era of conservative economic ideology. So the contrast from

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Speaker 1: just the Bloomberg perspective of of the of the economic

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Speaker 1: angles is going to be incredibly incredibly important. Tell me

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Speaker 1: something I don't know about the virtual conventions, Wendy Benjaminson,

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Speaker 1: Before I let you go, well, I see you this

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Speaker 1: week in the office or no, no, no, we're all

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Speaker 1: working at home, um the um. What can I tell

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Speaker 1: you that you don't know? I don't know? Will be

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Speaker 1: interesting to see how they work in applause lines. It'll

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Speaker 1: be interesting to see for me, how do you write

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Speaker 1: a speech for a politician that you're not building to

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Speaker 1: a crescendo, that you're not waiting for people to stand

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Speaker 1: up and cheer. You know that you're that you're you know,

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Speaker 1: writing a speech that is more of a lecture than

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Speaker 1: a speech. That's that's going to be an interesting and

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Speaker 1: interesting can't Maggie, when do you can't? You know who

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Speaker 1: I'm looking forward to seeing Maggie Rogers. She's a give

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Speaker 1: musical artist. She's apparently she's gonna be before I like music, alright,

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Speaker 1: Wendy Benjaminson. Always great to catch up with you, my friend,

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Speaker 1: have a great, great week. I'm sure I'll be talking

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Speaker 1: with you throughout the next couple of weeks and you

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Speaker 1: and congratulations on all of the work that you and

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Speaker 1: your team have been doing. It's just been incredible. Well,

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Speaker 1: you've been all over this and I'm excited to see

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Speaker 1: what the team pulls out. Download the Bloomberg son On

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Speaker 1: podcast on Apple iTunes, a Bloomberg dot Com, or by

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Speaker 1: downloading the Bloomberg Business App. You can also find me

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Speaker 1: on Radio dot Com, I Heart Radio, and Spotify. My

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Speaker 1: name is Kevin Cirelli. I'm the chief Washington correspondent for

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Speaker 1: Bloomberg Television and for Bloomberg Radio. You're listening to Bloomberg

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Speaker 1: and nine and one. You're listening to Bloomberg Sound On

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Speaker 1: with Kevin Surrele on Bloomberg and one oh five point

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Speaker 1: seven f M h D two. My name is Kevin CURRELLI.

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Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and for

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Speaker 1: Bloomberg Radio. Do you see these Florida polls over the

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Speaker 1: last couple of weeks, Biden Joe Biden up in Florida,

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Speaker 1: the Sunshine State, Sunny, Sarah Soda CS the Key which

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Speaker 1: may your name may or may not be the show

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Speaker 1: I've been binge watching throughout this pandemic on MTV. Gotta

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Speaker 1: be honest, I can't lie to you, folks. UM And

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Speaker 1: I also have to give a shout out to a

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Speaker 1: very special listener, a four year old fan, Chloe. Thank

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Speaker 1: you for listening, Chloe. Um. But anyway, Florida, Florida. Wow,

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Speaker 1: these polls, And I don't think of Republicans ever won

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Speaker 1: the presidential election and like really decades unless they've carried,

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Speaker 1: Unless they've carried Florida. Nicki Freed is on the line.

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Speaker 1: She's Florida's Commissioner of Agriculture and Consumer Services. Nick these polls, right,

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Speaker 1: is Joe Biden up five or six points? Absolutely? I

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Speaker 1: could feel it on the ground here in the state

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Speaker 1: of Florida. You're absolutely right. Uh, Barack Obama carried Florida twice.

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Speaker 1: There is no way to get to the White House

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Speaker 1: without the state of Florida. So completely confident that we're

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Speaker 1: going to deliver it for Joe Biden and Kamala Harris.

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Speaker 1: All right, Nicky, you're giving a speech tomorrow. Congrats on

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Speaker 1: being tapped to speak. You on on a on a

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Speaker 1: rising stars speech. I want to ask you really about

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Speaker 1: behind the scenes and what it's like to do this virtually,

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Speaker 1: but first give me a preview of which what we're

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Speaker 1: going to hear tomorrow night. Yeah, it's it's really, you know,

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Speaker 1: such an honorary part of the d NC convention. I'll

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Speaker 1: be part of kind of a new kind of keynote address. Um,

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Speaker 1: I'll be alongside. There'll be seven seen of us all

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Speaker 1: together then are all kind of up and coming leaders

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Speaker 1: and Democratic Party and the goal is to really you know,

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Speaker 1: lay out our visions for the future and really showing

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Speaker 1: wise leadership matters and showing what the future of our

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Speaker 1: country looks like. And so it's a really exciting opportunity

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Speaker 1: to really lay out all the cards of this is

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Speaker 1: what the future come look like. Alright, alright, so do

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Speaker 1: you have to record it before? Is it like a

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Speaker 1: zoom thing? I mean, I'm very curious because you know,

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Speaker 1: I love the convention. I love the balloons, that confetti,

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Speaker 1: and everyone makes fun of me for you know, the food,

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Speaker 1: the stadium food. I would always get the popcorn. Last cycle,

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Speaker 1: I was a Philly I showed up with for all

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Speaker 1: the editors. I I got soft pretzels for them because

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Speaker 1: that's my hometown, and all these pretzels, all these hogies,

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Speaker 1: all the oh that trust me, Well, my uncle, you

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Speaker 1: shop and trust me. Tony Luke's Tony's friend of mine.

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Speaker 1: I know what think or two about teesteaks, Nikki, but

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Speaker 1: I it. So, how are you going to do this?

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Speaker 1: How are you going to do this? Yeah? So what

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Speaker 1: we did was we had a full script and we

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Speaker 1: I got a box in the mail that kind of

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Speaker 1: almost looks like the nuclear coats that was delivered to

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Speaker 1: the house that had all of the technology that iPad

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Speaker 1: and cameras and lights, and we zoomed in to people

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Speaker 1: from the convention and we tape recorded it. So I

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Speaker 1: delivered the full speech as well as certain sections that

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Speaker 1: were dedicated so reach me. And now the DNC works

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Speaker 1: its magic and has all seventeen of us in different

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Speaker 1: lines that we all delivered, and it's going to spice

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Speaker 1: it together and there's gonna be some be roll I know.

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Speaker 1: We sent them a whole bunch of pictures from my

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Speaker 1: last year and a half in office, as well as

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Speaker 1: some be roll shoots. H So they're going to work

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Speaker 1: their magic and put all of us on stage and

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Speaker 1: it's gonna be interesting. I haven't seen it either much pressure.

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Speaker 1: I'll be watching with everybody else. But you think of

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Speaker 1: the pressure. I mean, seriously, just the pressure on on

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Speaker 1: crafting such a massively important, uh television event, no matter

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Speaker 1: what party you're in. I mean, just think about it.

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Speaker 1: They literally, folks. We just heard from Nicki Freed, Florida's

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Speaker 1: Commissioner of Agriculture and Consumer Services, and they said she

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Speaker 1: it was like the nuclear codes her words, and they

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Speaker 1: send them in the iPads and all the technology, and

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Speaker 1: then they've got to set it up. Here's Nicky Freed

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Speaker 1: and elected official, Florida's Commissioner of Agriculture and Consumer Services,

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Speaker 1: and she's got she's got to do what we all

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Speaker 1: have to do when the boss has sent you equipment

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Speaker 1: and you're and you're figuring it all out, and you're like,

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Speaker 1: what is going on? Imagine doing that for a convention,

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Speaker 1: a convention, and nationally televised convention. Nikki, I want to

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Speaker 1: ask you about this USPS situation. What are you What

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Speaker 1: are Floridians having to say about mail in voting. You

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Speaker 1: know that there was obviously a lot of criticism from

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Speaker 1: the White House that that it was not reliable. And

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Speaker 1: you know, I think for the first time that the

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Speaker 1: Republican Party here in the state kind of broke with

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Speaker 1: with the President saying, no, our mail in ballot system

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Speaker 1: is secure. Uh. You know, our only concern, of course,

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Speaker 1: is making sure that the ballots get to the post

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Speaker 1: office in time and get to the actual supervisor elections.

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Speaker 1: And that's why we need to make sure that we

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Speaker 1: are honoring respecting our US Postal Service and giving them

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Speaker 1: the resources that they need to deliver the ballots on time. Uh.

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Speaker 1: Somebody who was part of a recount, Uh, they didn't

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Speaker 1: get a chance to, you know, to count all the

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Speaker 1: ballots on election night. We were still waiting for Broward

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Speaker 1: ballots to be counted two days after uh, once my

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Speaker 1: appointments already declared victory. And so finally when they counted

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Speaker 1: all the ballots, you know, there is a flip and

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Speaker 1: and hopefully we don't have that situation, because I can

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Speaker 1: tell you I still have PTSD thinking about those couple

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Speaker 1: of weeks with the retalented and waiting for all the

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Speaker 1: ballots to be counted. Um. But you know it's a

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Speaker 1: I think that here in the state, everybody is optimistic

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Speaker 1: that we're gonna have it, and we're gonna do it right. Uh.

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Speaker 1: And now it's just a matter of making sure that

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Speaker 1: our postal service can do their jobs. All right. I

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Speaker 1: do want to ask you about policy while I have

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Speaker 1: you on the line, because you're arguing that U. S

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Speaker 1: m c A did not do exactly what it's said

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Speaker 1: it's gonna do. Uh. Why what's your issue with USMC

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Speaker 1: and what's your issue with us MC? I um where

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Speaker 1: so I start? Uh? You know, first of all, NaSTA

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Speaker 1: was decimated the Florida agriculture industry. For twenty five years,

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Speaker 1: we have seen a drastic decrease in the amount of

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Speaker 1: Florida produce um and its marketplace and a huge expansion

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Speaker 1: on the four expansion of the Mexican market here in

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Speaker 1: the state of Florida and really across the country. And U.

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Speaker 1: S m c A did nothing better and did not

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Speaker 1: do anything to fix it. Uh. And so what's happening

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Speaker 1: is that the standards are a lot less. I think

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Speaker 1: I was getting quoted that the other day that for

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Speaker 1: a worker out in Mexico, it's seven dollars a day

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Speaker 1: um for pay, and we can't compete like that. And

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Speaker 1: so their standards for for labor costs, for um any

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Speaker 1: type of fertilizers they use to get subsidies from the

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Speaker 1: from their government, and then they shift those products into

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Speaker 1: our into our own country and into our state. And

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Speaker 1: we have a very similar growing season as Mexico, so

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Speaker 1: can our Our markets can't compete. And you saw it

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Speaker 1: even drastically to the comparison during during COVID. We saw

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Speaker 1: so many of our farmers and our words and producers

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Speaker 1: happen to plow under all of their crops because the

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Speaker 1: market had had shifted between schools being closed, cruise line industries,

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Speaker 1: UM restaurants, even all of our our theme parks here

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Speaker 1: and so you saw all that, But then you went

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Speaker 1: into the food stores and you saw right right red

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Speaker 1: tomatoes from Mexico. Let me let me jump in here

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Speaker 1: because we'll have a couple more minutes. But you released

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Speaker 1: a report, your report from your office the impacts of

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Speaker 1: Mexico's agg exports on Florida agriculture. And according to this

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Speaker 1: report here it says that Florida's share of US domestic

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Speaker 1: market fell while Mexico is a skyrocket two hundred and

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Speaker 1: sevent President Trump needs those farmers in Florida to vote

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Speaker 1: for him on November three. And I would take it

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Speaker 1: that that Democrats would and Joe Biden would like to

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Speaker 1: pick up some of those farmers for sure. And that's

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Speaker 1: why I'm doing You know that, That's exactly that. The

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Speaker 1: message is that the White House and the Trump administration

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Speaker 1: has forgotten Florida farmers uh, and have been saying that.

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Speaker 1: And we here in Florida this bipartisan support. We had

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Speaker 1: to testify. We had a testimony that last week with

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Speaker 1: a U. S. Three representative UH, and it was bipartisan.

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Speaker 1: You had myself, including Senator Rubio, and a whole bunch

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Speaker 1: of our congressional delegation. This isn't partisan to us. This

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Speaker 1: is the livelihood of our state. It's our number two

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Speaker 1: economic driver and during COVID is actually number one. And

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Speaker 1: say that again. Say that again. It's them, say that one.

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Speaker 1: We are the agriculture is the number one economic driver

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Speaker 1: in the state of Florida right now. Tourism is typically

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Speaker 1: number one. Wow. See that right there? See I mean,

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Speaker 1: I mean seriously, because you think about the impact that

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Speaker 1: this is uh, that this is having across the country

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Speaker 1: and on state's economies. Think about that tourism is nothing

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Speaker 1: for Florida. Right now, I gotta ask you, we got

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Speaker 1: a minute left, Are you gonna run for governor? Yea.

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Speaker 1: You know I've been asked a lot um, and I

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Speaker 1: can tell you that I absolutely love my job. Um.

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Speaker 1: I am so honored today I said I won by

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Speaker 1: that the skin of my teeth A six on six

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Speaker 1: thousand and seven and fifty three votes. Um. And certainly

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Speaker 1: trying to work through making sure that agriculture is stronger

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Speaker 1: than ever through COVID UH and getting our states through this.

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Speaker 1: But of course there's going to be an election room

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Speaker 1: reckoning for governor of Santas. He really has put a

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Speaker 1: lot of livelihoods on the line here, including our economy

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Speaker 1: of how he's handled COVID and a lot of other

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Speaker 1: types of decisions that's made during this. From the Tampa

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Speaker 1: Bay Times headline, Nikki Freed isn't running for Florida governor

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Speaker 1: in two yet. All right, NICKI come back and talk

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Speaker 1: to us again. All right, thanks for making the time.

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Speaker 1: Good luck. All right, guess I'll be watching tomorrow. I'm

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Speaker 1: Kevin severely. You're listening to Bloomberg nighted I one, how

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Speaker 1: do we reopen this economy, The latest on how this

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Speaker 1: pandemic is impacting farmers. What does this do for the

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Speaker 1: United States relationship? With Nina Floomberg, Sound on, the Insiders,

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Speaker 1: the Influencers, the insides. We're responding to this crisis and

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Speaker 1: manufacturers are stepping up like never before. You're looking at

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Speaker 1: seventy kennidates for different vaccines. How do we make sure

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Speaker 1: a pandemic of this scale never happens again? This is Bloomberg.

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Speaker 1: Sound on with kevin'sur Relate on Bloomberg and one oh

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Speaker 1: fiem HD two. No balloons, but plenty of virtual speeches.

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Speaker 1: It's Night one of the Virtual Democratic National Convention. We

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Speaker 1: have every angle covered, plus the ongoing battle for the

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Speaker 1: US Postal Service. I'm gonna take you live up to

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Speaker 1: Capitol Hill as we get the entire situation underway. Twenty

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Speaker 1: five billion dollars in aid. House Democrats sets a vote

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Speaker 1: on twenty five billion dollars worth of aid thoughts to

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Speaker 1: get through and Steve Cortez from the Trump campaign, he's

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Speaker 1: gonna call it. We just heard from Nicky Fried. Nick

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Speaker 1: he's the Florida Commissioner of Agriculture and Florida might be

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Speaker 1: running for governor. In Florida in two but we're gonna

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Speaker 1: get to the Trump campaign as well. Jim Kessler is

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Speaker 1: gonna stick around, Senior vice president for Policy and co

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Speaker 1: founder of Third Way, former policy director for Senator Chuck Schumer.

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Speaker 1: Schumer and Colin Reid, a GOP strategist and managing director

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Speaker 1: at the Levinson Group. Buckle up, folks, lots to get through.

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Speaker 1: Make sure the windshield wipers are on and you're driving safely.

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Speaker 1: We're gonna cover the the the US Postal Service issue

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Speaker 1: that's been brewing. Usually usually back in the old days,

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Speaker 1: there was during a political convention, domestic politics fell to

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Speaker 1: the fell to the wayside. Not any more, folks. Now

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Speaker 1: we've got and then not even a side show, a

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Speaker 1: dominant story the US Postal Service and funding for it.

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Speaker 1: Because the House is going to vote on twenty five

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Speaker 1: billion dollars worth of aid to the Post Office. We're

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Speaker 1: gonna dive into that coming up with the panel. Jim Kessler,

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Speaker 1: Senior VP for Policy and co founder of the Third Way,

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Speaker 1: former policy director for Senator Chuck Schuma, and Colin Read,

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Speaker 1: a Republican strategist and managing director at the Levinson Group. Klin,

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Speaker 1: I know you want to talk about about the USPS,

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Speaker 1: but put a stamp on it. All right, See what

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Speaker 1: I did there, Colin, See what I did? Thank you.

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Speaker 1: I appreciate it. Jim Kessler's on the line. Jim, give

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Speaker 1: me a preview of tonight. It's gonna be remarkable. You've

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Speaker 1: got freading from the Bloomberg terminal. Jennifer Epstein and Tyler

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Speaker 1: Page or Democrats open their virtual convention Monday, showcasing for

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Speaker 1: moderate Republicans and Joe Biden's defeated progressive opponent, Bernie Sanders,

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Speaker 1: all aimed at winning votes from those who'd prefer to

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Speaker 1: see Donald Trump alsted from the White House. They're making

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Speaker 1: an ethos appeal, but they're gonna Jim, They're gonna make

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Speaker 1: an ethos appeal. But can they make a policy appeal

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Speaker 1: with so many different ideological people up up giving testimony? Right? Well,

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Speaker 1: I mean, okay, it's amazing you. You have a breadth

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00:22:58,920 --> 00:23:04,560
Speaker 1: of ideology from Alexandria Kasio Cortez to John Kasik. John

427
00:23:04,640 --> 00:23:09,320
Speaker 1: kasy was the tip of the spear of the Reagan Revolution.

428
00:23:09,359 --> 00:23:12,960
Speaker 1: It would be like getting Mark Meadows to come and

429
00:23:13,200 --> 00:23:16,720
Speaker 1: speak at a Democratic convention, and um, you know, it's

430
00:23:16,920 --> 00:23:22,240
Speaker 1: very very significant. Look, Biden is a moderate. Uh, He's

431
00:23:22,280 --> 00:23:25,480
Speaker 1: been a centrist his entire life. Kamala Harris is a

432
00:23:25,520 --> 00:23:29,680
Speaker 1: mainstream Democrat. There's always arguments within the Democratic Party about

433
00:23:29,720 --> 00:23:31,800
Speaker 1: which wing of the party is going to dominate, and

434
00:23:32,240 --> 00:23:35,040
Speaker 1: you know those fights are going to continue, that's for sure.

435
00:23:35,960 --> 00:23:38,800
Speaker 1: But you know, Biden wants to reach out to Republicans

436
00:23:39,480 --> 00:23:42,200
Speaker 1: not just to get their votes, but to govern as well.

437
00:23:42,280 --> 00:23:45,320
Speaker 1: He wants to have a government majority that includes Republicans

438
00:23:45,320 --> 00:23:47,000
Speaker 1: out there. And I think it's a good faith effort.

439
00:23:47,040 --> 00:23:49,680
Speaker 1: We'll see how far it goes. Is that I hear that.

440
00:23:49,760 --> 00:23:51,800
Speaker 1: I hear you in terms of your interpretation that it's

441
00:23:51,800 --> 00:23:53,960
Speaker 1: a good faith at the effort. But is it smart politics?

442
00:23:54,080 --> 00:23:56,120
Speaker 1: I mean, does he need the base to turn out more,

443
00:23:56,560 --> 00:23:58,720
Speaker 1: you know, our progressive really that fired up to vote

444
00:23:58,720 --> 00:24:01,800
Speaker 1: for Joe Biden? Or does he really does he have

445
00:24:01,840 --> 00:24:04,480
Speaker 1: a better shot at getting case of Republicans. I find

446
00:24:04,560 --> 00:24:08,679
Speaker 1: this fascinating, Jim. Yeah. So look, I think that there

447
00:24:08,720 --> 00:24:12,840
Speaker 1: are two areas of turnout and persuasion that have to

448
00:24:12,920 --> 00:24:16,240
Speaker 1: work for Biden in order for Democrats to win. One

449
00:24:16,359 --> 00:24:20,359
Speaker 1: is more based oriented, and that is um African, American

450
00:24:20,800 --> 00:24:25,160
Speaker 1: and Latino base. Voters, not all of whom are super progressive,

451
00:24:25,440 --> 00:24:29,280
Speaker 1: but they are, um, they are Democratic voters, and you

452
00:24:29,320 --> 00:24:31,479
Speaker 1: need to get those folks out. A lot of them

453
00:24:31,520 --> 00:24:34,399
Speaker 1: are in urban areas, not all of them. And then

454
00:24:34,440 --> 00:24:38,639
Speaker 1: the other places, the suburbs, which delivered Democrats the House

455
00:24:38,800 --> 00:24:44,119
Speaker 1: majority in and you know that's very moderate and and

456
00:24:44,359 --> 00:24:49,760
Speaker 1: the target there are women voters, particularly college educated women voters,

457
00:24:49,800 --> 00:24:52,920
Speaker 1: but now more non college educated women voters. And I

458
00:24:53,000 --> 00:24:56,040
Speaker 1: think they're looking for unifier out there, and those attempts

459
00:24:56,480 --> 00:24:59,600
Speaker 1: to unify and to bring to hear the voices of

460
00:25:00,160 --> 00:25:04,080
Speaker 1: Republicans I think matters. All right, Colin Reid, come in here.

461
00:25:04,119 --> 00:25:06,879
Speaker 1: You heard that. You heard Jim give together a fascinating

462
00:25:06,920 --> 00:25:11,080
Speaker 1: analysis of that. That need that pitch for the political

463
00:25:11,160 --> 00:25:14,280
Speaker 1: policy as well as for the political ethos, and that's

464
00:25:14,320 --> 00:25:16,160
Speaker 1: really the argument that they're going to be making, Colin.

465
00:25:16,200 --> 00:25:20,159
Speaker 1: Your your analysis, Yeah, Well, one thing just to respond

466
00:25:20,200 --> 00:25:22,520
Speaker 1: to what Jim said, I mean, Joe Biden may have

467
00:25:22,640 --> 00:25:24,760
Speaker 1: a moderate voting record, but I mean he's the one

468
00:25:24,760 --> 00:25:26,359
Speaker 1: out there in his own words, saying he'd be the

469
00:25:26,440 --> 00:25:29,080
Speaker 1: most progressive president in history. So that's that's not a

470
00:25:29,640 --> 00:25:32,679
Speaker 1: message that he carried with him to win the primary election,

471
00:25:33,240 --> 00:25:35,760
Speaker 1: nor is it one particularly that he's had now. I mean,

472
00:25:35,840 --> 00:25:39,760
Speaker 1: I've been struck by how Joe Biden, since uh credit

473
00:25:39,800 --> 00:25:43,720
Speaker 1: recredit is due, winning the winning his party's primary without

474
00:25:43,840 --> 00:25:46,680
Speaker 1: tacking four to left, has spent the ensuing five months

475
00:25:46,960 --> 00:25:49,840
Speaker 1: seemingly moving further and further left. Word um, So what

476
00:25:49,960 --> 00:25:53,040
Speaker 1: I'll be watching for tonight, Look, it's really easy for

477
00:25:53,200 --> 00:25:56,040
Speaker 1: these Democrats and the Republicans tonight to make the case

478
00:25:56,119 --> 00:25:58,520
Speaker 1: against Donald Trump. What I'll be watching force and see

479
00:25:58,560 --> 00:26:01,960
Speaker 1: them make the case for Joe by because where I've

480
00:26:02,000 --> 00:26:04,520
Speaker 1: been watching this race, they just seem to want to

481
00:26:04,560 --> 00:26:07,080
Speaker 1: make this election a referendum on Donald Trump. And if

482
00:26:07,119 --> 00:26:09,960
Speaker 1: it is, Joe Biden's gonna it's gonna a pretty good

483
00:26:09,960 --> 00:26:12,520
Speaker 1: shot of being the next president. For presidential elections camera

484
00:26:12,520 --> 00:26:14,600
Speaker 1: and they don't tend to be referendums on one party.

485
00:26:14,680 --> 00:26:16,520
Speaker 1: They tend to be a choice between two parties and

486
00:26:16,560 --> 00:26:19,560
Speaker 1: two candidates. And Donald Trump still has semi seven days

487
00:26:19,640 --> 00:26:21,360
Speaker 1: left to make his case for why he's a better

488
00:26:21,480 --> 00:26:23,960
Speaker 1: choice than Joe Biden. Jim, let me get your your

489
00:26:24,000 --> 00:26:27,200
Speaker 1: response that, because I mean the notion of this being

490
00:26:27,240 --> 00:26:30,560
Speaker 1: a referendum any any Democratic staff for aid that I

491
00:26:30,680 --> 00:26:32,680
Speaker 1: talked with on the Biden campaign. They say they want

492
00:26:32,720 --> 00:26:35,320
Speaker 1: to make this a referendum. They wanted to be a

493
00:26:35,440 --> 00:26:39,280
Speaker 1: referendum election. And so but my, you know, when when

494
00:26:39,320 --> 00:26:42,560
Speaker 1: they're on that debate stage, Joe Biden and Donald Trump,

495
00:26:42,880 --> 00:26:44,960
Speaker 1: I mean that you can't make it a referendum. It's

496
00:26:44,960 --> 00:26:47,160
Speaker 1: gonna be it's gonna be a choice. But that's why,

497
00:26:47,480 --> 00:26:49,280
Speaker 1: that's why I keep bringing this up, and it's why

498
00:26:49,320 --> 00:26:51,880
Speaker 1: it's so fascinating that this is a virtual convention because

499
00:26:51,880 --> 00:26:54,520
Speaker 1: you're not going to have the traditional fight over the

500
00:26:54,560 --> 00:26:56,640
Speaker 1: party platform. We're not gonna be able to really see

501
00:26:56,680 --> 00:26:59,680
Speaker 1: how the sausage gets made on that front for either party,

502
00:27:00,040 --> 00:27:02,639
Speaker 1: and so it really is kind of interesting that that

503
00:27:02,760 --> 00:27:06,879
Speaker 1: no one's really gonna know. Jim, Well, you know, I

504
00:27:07,000 --> 00:27:08,800
Speaker 1: think this is going to be a referendum on Trump,

505
00:27:08,880 --> 00:27:11,800
Speaker 1: and Democrats generally want that a referendum on Trump. Has

506
00:27:11,840 --> 00:27:14,879
Speaker 1: Colin said, that's problems for Trump, and Trump wants to

507
00:27:14,960 --> 00:27:17,320
Speaker 1: make it a choice. And I'll just read this quote

508
00:27:17,520 --> 00:27:20,280
Speaker 1: right now, It's difficult to imagine November's election being a

509
00:27:20,359 --> 00:27:24,040
Speaker 1: referendum on anything other than the parents COVID pandemic and

510
00:27:24,119 --> 00:27:28,440
Speaker 1: our government's response. That's from Colin Reid in Fox UH

511
00:27:28,880 --> 00:27:31,600
Speaker 1: News on April sixteenth, and I think this is going

512
00:27:31,680 --> 00:27:39,160
Speaker 1: to be and I love it. He came with receipt. Wait,

513
00:27:39,680 --> 00:27:43,440
Speaker 1: I'm speechless. Hold on, this is a sound on first

514
00:27:44,000 --> 00:27:46,760
Speaker 1: never never a million years as someone pulled the uld

515
00:27:46,800 --> 00:27:49,760
Speaker 1: Timmy Russert move where they take the quote and they

516
00:27:49,840 --> 00:27:53,160
Speaker 1: hold it up against someone else. I'm speechless. Go ahead,

517
00:27:53,200 --> 00:27:56,000
Speaker 1: of gentleman, I don't even know who's talking anymore. Colin

518
00:27:56,080 --> 00:27:57,840
Speaker 1: is an excellent writer. I read a bunch of his

519
00:27:57,960 --> 00:28:03,560
Speaker 1: pieces and I'm very impressed. Um, but so uh. But look,

520
00:28:03,920 --> 00:28:07,240
Speaker 1: I do believe if you look at the Democratic platform,

521
00:28:07,640 --> 00:28:11,920
Speaker 1: there's a difference between being big and being too far left.

522
00:28:12,560 --> 00:28:15,680
Speaker 1: And I look at Biden's agenda and I think it's

523
00:28:15,840 --> 00:28:17,840
Speaker 1: very very big, because the problems in this country are

524
00:28:17,960 --> 00:28:21,080
Speaker 1: very very big. But look, I'm the centest and I'm

525
00:28:21,440 --> 00:28:23,440
Speaker 1: very very comfortable with that agenda, and I think the

526
00:28:23,480 --> 00:28:26,480
Speaker 1: American people will be too. All right, Colin, you got

527
00:28:26,640 --> 00:28:29,800
Speaker 1: like thirty seconds so because but I can, you know,

528
00:28:29,920 --> 00:28:33,000
Speaker 1: go ahead, I gotta let you have a spot. Well,

529
00:28:33,320 --> 00:28:35,040
Speaker 1: my my hats off to you, Jim. I'm glad we

530
00:28:35,119 --> 00:28:38,200
Speaker 1: found the one person who read my my column. So

531
00:28:38,480 --> 00:28:40,840
Speaker 1: I appreciate you taking the time you could check it out.

532
00:28:42,600 --> 00:28:46,640
Speaker 1: But look my point there, uh, my point, and then

533
00:28:46,680 --> 00:28:48,480
Speaker 1: your point I think is right. If this is a

534
00:28:48,560 --> 00:28:52,080
Speaker 1: referendument Donald Trump's handling of the COVID nineteen pandemic, it's

535
00:28:52,080 --> 00:28:54,920
Speaker 1: gonna be a long night for Republicans. But again there's

536
00:28:54,920 --> 00:28:58,520
Speaker 1: seventy seven days to reshape and reframe that. Well, the

537
00:28:58,560 --> 00:29:01,280
Speaker 1: one thing I look, all right, Kevils, we hold on.

538
00:29:01,400 --> 00:29:03,000
Speaker 1: We got a lot more to talk about. We're gonna

539
00:29:03,080 --> 00:29:05,520
Speaker 1: check in with the post office coming up next. Colin stays,

540
00:29:05,600 --> 00:29:07,720
Speaker 1: Jim stays, does he have more of receipts? I'm nervous

541
00:29:08,000 --> 00:29:11,120
Speaker 1: of Kevin Civerli, chief Washington correspondent for Bloomberg TV and Radio.

542
00:29:11,120 --> 00:29:13,840
Speaker 1: I'm not going anywhere. You're listening to Bloomberg ninety nine one.

543
00:29:15,640 --> 00:29:20,160
Speaker 1: This is Bloomberg's Sound on with Kevin Surreley on Bloomberg

544
00:29:21,320 --> 00:29:24,960
Speaker 1: and one All five point seven m HD two. My

545
00:29:25,120 --> 00:29:28,160
Speaker 1: name is Kevin Sirillian. I'm the chief Washington correspondent for

546
00:29:28,200 --> 00:29:32,800
Speaker 1: Bloomberg Television and for Bloomberg Radio. Calvin Coolidge the last

547
00:29:32,920 --> 00:29:39,760
Speaker 1: time that's a Republican has won the White House without

548
00:29:39,960 --> 00:29:47,680
Speaker 1: winning Florida Calvin Coolidge nineteen four. Wow, you have to

549
00:29:47,800 --> 00:29:51,360
Speaker 1: go way back. Calvin Coolidge, the thirtie president of the

550
00:29:51,480 --> 00:29:54,640
Speaker 1: United States. He's the last Republican to ever win the

551
00:29:54,760 --> 00:30:01,360
Speaker 1: White House without winning the Sunshine. Jim Kessler's on the line.

552
00:30:01,400 --> 00:30:03,600
Speaker 1: He'd like to see Joe Biden pick up Florida. He

553
00:30:03,920 --> 00:30:09,400
Speaker 1: is uh. Jim is a former Schumer guy as senior

554
00:30:09,520 --> 00:30:12,160
Speaker 1: vice president now for policy and now the Code and

555
00:30:12,280 --> 00:30:14,280
Speaker 1: also the co founder of Third Way UM and the

556
00:30:14,360 --> 00:30:17,600
Speaker 1: former policy director for Senator Chuck Schumer. Colin Reids would

557
00:30:17,640 --> 00:30:19,720
Speaker 1: like to see the president win Florida. He is a

558
00:30:19,960 --> 00:30:24,320
Speaker 1: GOP strategist and managing director at the Levinson Group. All right,

559
00:30:24,480 --> 00:30:27,720
Speaker 1: enough about the convention. We'll we'll, we'll talk on the convention.

560
00:30:27,840 --> 00:30:29,880
Speaker 1: And also, of course I think the speech everyone's gonna

561
00:30:29,880 --> 00:30:32,440
Speaker 1: be talking about is Michelle Obama. She speaks tonight, the

562
00:30:32,480 --> 00:30:35,400
Speaker 1: former first Lady UM and it's all I I didn't

563
00:30:35,480 --> 00:30:37,760
Speaker 1: know this, and I shouldn't. I feel bad that I didn't,

564
00:30:38,000 --> 00:30:40,600
Speaker 1: But Wendy Benjaminton just told me this. That are the

565
00:30:40,640 --> 00:30:43,000
Speaker 1: Bloomberg politics Senator. She said, a lot of these are

566
00:30:43,120 --> 00:30:45,800
Speaker 1: pre taped, so like they they submit it. You know,

567
00:30:45,840 --> 00:30:47,360
Speaker 1: if you're a kid, and you have to like submit

568
00:30:47,400 --> 00:30:50,320
Speaker 1: a project. You gotta submitte to Tom Perez, you know,

569
00:30:50,560 --> 00:30:52,160
Speaker 1: for the for them to to do this. And we

570
00:30:52,240 --> 00:30:56,040
Speaker 1: had someone who's speaking tomorrow on and the d n

571
00:30:56,160 --> 00:31:00,600
Speaker 1: C sent her like an iPad and everything, all the gear,

572
00:31:00,760 --> 00:31:03,720
Speaker 1: the the what do they call them, the light that

573
00:31:03,760 --> 00:31:06,800
Speaker 1: they put on your face. Um, it's the you know,

574
00:31:06,880 --> 00:31:08,920
Speaker 1: you know I'm talking about the like it's a ring

575
00:31:09,080 --> 00:31:12,400
Speaker 1: light that they that makes you look not backlit, the selfie.

576
00:31:12,480 --> 00:31:14,320
Speaker 1: I don't even know. All that gear was sent to

577
00:31:14,360 --> 00:31:16,120
Speaker 1: them and then they have to submit it to the

578
00:31:16,200 --> 00:31:18,560
Speaker 1: d n C. Bernie Sanders, by the way, only going

579
00:31:18,600 --> 00:31:24,040
Speaker 1: to be speaking for eight minutes. Eight minutes. Wow. I'm

580
00:31:24,120 --> 00:31:28,040
Speaker 1: used to the days, uh, Jim, when Bill Clinton would

581
00:31:28,040 --> 00:31:30,840
Speaker 1: get up there and just let a rip go off scripts.

582
00:31:31,440 --> 00:31:33,000
Speaker 1: You're not gonna be able to have that with these

583
00:31:33,080 --> 00:31:35,960
Speaker 1: zooms of ring light. Christine Rotter or EP just told

584
00:31:35,960 --> 00:31:37,720
Speaker 1: me a ring light. I guess the d n C

585
00:31:37,880 --> 00:31:40,160
Speaker 1: was handing out ring lights. I wonder if if ron

586
00:31:40,360 --> 00:31:42,640
Speaker 1: Ron Romney McDaniel is going to be doing that, Jim.

587
00:31:42,680 --> 00:31:44,960
Speaker 1: But they're not gonna be able to go off script. Wow, No, no,

588
00:31:45,080 --> 00:31:49,320
Speaker 1: no popping circumstance yeah, Well, you know I have in

589
00:31:49,400 --> 00:31:53,320
Speaker 1: the past, have actually written some of these speeches for

590
00:31:54,160 --> 00:31:57,480
Speaker 1: Democrats going up to the UH speak at the convention,

591
00:31:57,920 --> 00:32:02,040
Speaker 1: and they don't go script then either. Maybe the big

592
00:32:02,120 --> 00:32:05,160
Speaker 1: guns like Bill Clinton do, but almost everybody else, like,

593
00:32:05,320 --> 00:32:08,800
Speaker 1: You've got your speech, it is nailed down, they edited

594
00:32:09,080 --> 00:32:12,000
Speaker 1: before you go up there. You argue with them that

595
00:32:12,080 --> 00:32:14,360
Speaker 1: you want to put something in. They say, no, you don't,

596
00:32:14,400 --> 00:32:16,280
Speaker 1: and if you do, you never get and writed back

597
00:32:16,800 --> 00:32:19,280
Speaker 1: to speak again. It's like going off script on Saturday

598
00:32:19,320 --> 00:32:22,480
Speaker 1: Night Live. You don't hump back to sing a song anymore. Well,

599
00:32:22,600 --> 00:32:25,200
Speaker 1: I kind of go off script, and I'm still I'm

600
00:32:25,240 --> 00:32:30,360
Speaker 1: still talking every day, Jim. What's your favorite convention memory?

601
00:32:30,600 --> 00:32:36,160
Speaker 1: Colin Reid? Um, Well, I will say before I answer that,

602
00:32:36,720 --> 00:32:39,240
Speaker 1: you know, of all the of all the terrible things

603
00:32:39,440 --> 00:32:42,040
Speaker 1: that COVID nineteen has brought to this world the last

604
00:32:42,200 --> 00:32:45,080
Speaker 1: few months, I think, and I made this may be

605
00:32:45,160 --> 00:32:47,800
Speaker 1: a personal opinion here, If it means the end of

606
00:32:47,880 --> 00:32:50,720
Speaker 1: these political conventions going forward, I think that would be

607
00:32:50,760 --> 00:32:55,440
Speaker 1: a good thing. And here's why there are you kidding me?

608
00:32:55,680 --> 00:33:01,000
Speaker 1: Did you not? CRAF one is the last time keV

609
00:33:01,120 --> 00:33:04,520
Speaker 1: that there was actually news made at one of these conventions.

610
00:33:05,360 --> 00:33:11,240
Speaker 1: So I guess you don't parade either. Well I don't.

611
00:33:12,280 --> 00:33:16,600
Speaker 1: I don't like my my my memories of the conventions

612
00:33:16,920 --> 00:33:18,760
Speaker 1: or go back. Well, the one that sticked out in

613
00:33:18,840 --> 00:33:21,320
Speaker 1: my mind is two thousand twelve and the Republican Convention

614
00:33:21,400 --> 00:33:24,640
Speaker 1: down in Tampa. And aside from it being uh, you know,

615
00:33:24,920 --> 00:33:30,080
Speaker 1: particularly hot in late August in South Florida, UM, that

616
00:33:30,280 --> 00:33:34,360
Speaker 1: was a challenging year because these conventions get so polarizing

617
00:33:34,440 --> 00:33:37,360
Speaker 1: and it's just it becomes kind of the it becomes

618
00:33:37,760 --> 00:33:40,960
Speaker 1: a base, a base referendum. So if you're working for

619
00:33:41,040 --> 00:33:45,160
Speaker 1: a member of a party from that's not like I

620
00:33:45,320 --> 00:33:47,760
Speaker 1: love the conventions. I love all of it, and I

621
00:33:47,880 --> 00:33:50,640
Speaker 1: miss it, and I'm annoyed that we're not having them. Jim,

622
00:33:51,320 --> 00:33:58,920
Speaker 1: I think I'm maybe it doesn't end these but I

623
00:33:59,000 --> 00:34:02,400
Speaker 1: hope it changes dramatically because they used to mean something.

624
00:34:02,480 --> 00:34:05,160
Speaker 1: They used to mean a great deal, and they become

625
00:34:05,480 --> 00:34:09,960
Speaker 1: entirely scripted and staged, and you can try to make

626
00:34:10,000 --> 00:34:12,239
Speaker 1: sure there isn't a surprise, and the press looks for

627
00:34:12,400 --> 00:34:15,320
Speaker 1: anything in which there is a surprise to report on it,

628
00:34:15,800 --> 00:34:20,120
Speaker 1: and so it's lost its fluidity. I really disagree with

629
00:34:20,239 --> 00:34:22,560
Speaker 1: both of you I think that from a Philadelphi, whether

630
00:34:22,560 --> 00:34:25,080
Speaker 1: it's Philadelphia or out in Cleveland, Ohio, I mean that

631
00:34:25,239 --> 00:34:27,640
Speaker 1: what the money that this brings into cities. I mean

632
00:34:27,719 --> 00:34:30,680
Speaker 1: it's it's a massive driver for the local economies. It's

633
00:34:30,719 --> 00:34:34,160
Speaker 1: got you know, a massive it's a celebration of of

634
00:34:34,719 --> 00:34:38,520
Speaker 1: of Americans democratic system. I mean, it's you know, some

635
00:34:38,640 --> 00:34:40,360
Speaker 1: of our leaders, our leaders need to get up on

636
00:34:40,440 --> 00:34:42,239
Speaker 1: that stage and talk to the It's one of the

637
00:34:42,360 --> 00:34:45,879
Speaker 1: few times in politics where where they can actually talk

638
00:34:45,920 --> 00:34:48,680
Speaker 1: to a national and dare I say, a global audience.

639
00:34:48,920 --> 00:34:52,800
Speaker 1: It's it's what gave birth to really Senator Barack Obama.

640
00:34:52,920 --> 00:34:56,400
Speaker 1: It's it's remember calling Powell speech back. You know, I

641
00:34:56,480 --> 00:34:58,799
Speaker 1: remember why. I mean, you know, you hear about these

642
00:34:58,840 --> 00:35:01,480
Speaker 1: speeches that they that they give. I mean, it's I

643
00:35:01,560 --> 00:35:05,040
Speaker 1: don't know, I totally disagree with both. You have question

644
00:35:05,200 --> 00:35:08,200
Speaker 1: that we're not questioning that point. We're saying up late,

645
00:35:08,600 --> 00:35:12,320
Speaker 1: they are just become meaningless. It's pomp and circumstances entirely predictable.

646
00:35:12,400 --> 00:35:15,200
Speaker 1: It's scripted. There's no surprises, and there's just a bunch

647
00:35:15,239 --> 00:35:18,720
Speaker 1: of pack of reporters sitting around trying to make trouble

648
00:35:18,760 --> 00:35:22,000
Speaker 1: because they're board from just covering speeches written off teleprompter.

649
00:35:23,400 --> 00:35:27,400
Speaker 1: They meant something, it would be yeah, exactly. Yeah, the

650
00:35:27,520 --> 00:35:30,520
Speaker 1: drama's gone now. They used they used to be drama.

651
00:35:30,600 --> 00:35:34,880
Speaker 1: What My first convention was the Gary Hart person, and

652
00:35:35,200 --> 00:35:37,759
Speaker 1: you know there was drama there, you know, like there

653
00:35:37,880 --> 00:35:40,759
Speaker 1: was there was doubt coming in there, and we tried to,

654
00:35:41,800 --> 00:35:44,600
Speaker 1: you know, get the nomination from Mondale and Gary Hart

655
00:35:44,640 --> 00:35:48,480
Speaker 1: actually take Geraldine Ferraro as his vice president too. Nobody

656
00:35:48,560 --> 00:35:51,560
Speaker 1: remembers that, but the stuff was actually happening. Okay, Ted

657
00:35:51,640 --> 00:35:54,920
Speaker 1: Cruz getting booed at the last Republican convention. That's not

658
00:35:55,120 --> 00:35:59,480
Speaker 1: enough drama for you, Jim. That was that was worth

659
00:35:59,560 --> 00:36:02,680
Speaker 1: the price of admission. There are moments and I'd like,

660
00:36:03,200 --> 00:36:06,440
Speaker 1: but I can hope it changes. I hope it changes,

661
00:36:06,920 --> 00:36:09,680
Speaker 1: you know. I hope this gets some sort of rethinking.

662
00:36:09,880 --> 00:36:12,120
Speaker 1: I wanted to talk about the US Postal Service, but

663
00:36:12,200 --> 00:36:14,480
Speaker 1: we'll cover that coming up. The House Democrats plan to

664
00:36:14,520 --> 00:36:17,719
Speaker 1: add twenty five billion dollars worth and funding for the U.

665
00:36:17,880 --> 00:36:20,960
Speaker 1: S Postal Service to legislation scheduled to be voted on

666
00:36:21,160 --> 00:36:24,640
Speaker 1: Saturday that would prohibit cutbacks in service ahead of the

667
00:36:24,719 --> 00:36:28,200
Speaker 1: November election. According to people familiar with the matter. The

668
00:36:28,280 --> 00:36:32,680
Speaker 1: move reflects a dedicated effort to strengthen the agency ahead

669
00:36:32,760 --> 00:36:36,480
Speaker 1: of the mailing of millions of election ballots amid a

670
00:36:36,560 --> 00:36:41,440
Speaker 1: stalemate between Republicans and Democrats on broader coronavirus relief measures.

671
00:36:41,760 --> 00:36:44,320
Speaker 1: The amount is the same as what House Democrats assigned

672
00:36:44,360 --> 00:36:46,920
Speaker 1: for the Postal Service, and they're may stimulus bill. But

673
00:36:47,040 --> 00:36:48,799
Speaker 1: I can tell you that behind the scenes, folks, they

674
00:36:48,840 --> 00:36:50,239
Speaker 1: were saying that they would be willing to go down

675
00:36:50,239 --> 00:36:52,920
Speaker 1: to ten billion. A lot of politics on this one,

676
00:36:53,080 --> 00:36:54,640
Speaker 1: and we're going to cover it all. Coming up, we

677
00:36:54,760 --> 00:36:57,200
Speaker 1: check in with the Trump campaign. Steve Cortez. I'm Kevin

678
00:36:57,280 --> 00:37:04,479
Speaker 1: Cilli Panels sticking around. You're listening to Bloomberg one. You're

679
00:37:04,560 --> 00:37:08,400
Speaker 1: listening to Bloomberg Sound On with Kevin Surly on Bloomberg

680
00:37:09,480 --> 00:37:11,799
Speaker 1: and one oh five point seven f M h D two.

681
00:37:12,440 --> 00:37:16,120
Speaker 1: My name is Kevin Sirely. I'm the chief Washington correspondent

682
00:37:16,120 --> 00:37:18,279
Speaker 1: from Bloomberg TV and Radio. We gotta check in with

683
00:37:18,320 --> 00:37:20,920
Speaker 1: the Trump campaign, and I gotta do a good job

684
00:37:20,960 --> 00:37:23,440
Speaker 1: at this interview because the next guest from the Trump campaign,

685
00:37:23,520 --> 00:37:26,600
Speaker 1: actually he used to be a radio talk show host.

686
00:37:27,360 --> 00:37:30,320
Speaker 1: His name is Steve Cortez and he is on special

687
00:37:30,400 --> 00:37:33,480
Speaker 1: assignment with the Trump campaign until the election. In November

688
00:37:33,560 --> 00:37:36,680
Speaker 1: at a radio show out and UH on five sixty

689
00:37:36,760 --> 00:37:41,480
Speaker 1: the answer out and Chown Chicago, Steve, how are you buddy?

690
00:37:42,239 --> 00:37:44,279
Speaker 1: Hey Kevin, I am great, and yes we we are

691
00:37:44,360 --> 00:37:47,000
Speaker 1: both radio host Although I put that on hiatus, I

692
00:37:47,040 --> 00:37:49,440
Speaker 1: put that on ice for a few months because I

693
00:37:49,520 --> 00:37:51,760
Speaker 1: have a special deployment to the Trump campaign and I'm

694
00:37:51,880 --> 00:37:55,560
Speaker 1: full time on this task until victory November three, Steve,

695
00:37:55,600 --> 00:37:57,400
Speaker 1: what are we gonna here tonight? I mean it's you

696
00:37:57,480 --> 00:38:00,640
Speaker 1: got John K Sick, you got three of the Republicans

697
00:38:00,680 --> 00:38:03,200
Speaker 1: who are I guess they're going to be giving speeches

698
00:38:03,280 --> 00:38:05,600
Speaker 1: that are already recorded. And then you've got Bernie Sanders.

699
00:38:06,280 --> 00:38:08,719
Speaker 1: So you know the Democrats that I was talking with

700
00:38:08,800 --> 00:38:10,960
Speaker 1: on the program, they're saying, well, this is Joe Biden's

701
00:38:11,000 --> 00:38:14,680
Speaker 1: pitch to Republicans who are unsure of the president's town

702
00:38:15,120 --> 00:38:19,239
Speaker 1: and Joe Biden saying come over and join me. Right. Well,

703
00:38:19,280 --> 00:38:20,479
Speaker 1: you know, first of all, I guess what I would

704
00:38:20,480 --> 00:38:22,600
Speaker 1: say to them is good luck. Because there has never

705
00:38:22,680 --> 00:38:25,120
Speaker 1: been a politician in American history and I'm not exaggerly

706
00:38:25,120 --> 00:38:26,840
Speaker 1: why I say this, who has been more popular with

707
00:38:26,920 --> 00:38:30,160
Speaker 1: his own party than Donald Trump is with the Republican Party. So, uh,

708
00:38:30,239 --> 00:38:31,960
Speaker 1: you know, are they going to find a few retreads

709
00:38:32,000 --> 00:38:34,080
Speaker 1: who are trying to find ways to stay relevant like

710
00:38:34,200 --> 00:38:36,920
Speaker 1: John Cases? I guess there were a few other folks. Frankly,

711
00:38:36,960 --> 00:38:39,080
Speaker 1: I've never heard of the other people that they're going

712
00:38:39,120 --> 00:38:41,680
Speaker 1: to drag out there. Who are you supposedly Republicans? But

713
00:38:41,920 --> 00:38:45,840
Speaker 1: the quickest way to to mainstream media stardom, unfortunately right

714
00:38:45,880 --> 00:38:49,080
Speaker 1: now in America is to claim your Republican and then

715
00:38:49,160 --> 00:38:50,880
Speaker 1: say you hate Donald Trump. It's it's a great way

716
00:38:50,880 --> 00:38:53,680
Speaker 1: to get you on CNN, MSNBC and apparently even as

717
00:38:53,719 --> 00:38:57,520
Speaker 1: part of the Democratic Convention. Alright, alright, So so from

718
00:38:57,560 --> 00:39:01,520
Speaker 1: a person that recovered that that angle of this from

719
00:39:01,560 --> 00:39:05,759
Speaker 1: a from a theatrical political optics standpoint, we were also

720
00:39:05,760 --> 00:39:07,800
Speaker 1: having this conversation on the program about whether or not

721
00:39:07,920 --> 00:39:10,040
Speaker 1: conventions are needed. Are they what they thought they were.

722
00:39:10,080 --> 00:39:12,839
Speaker 1: I'm a fan of conventions. I like the popping circumstances,

723
00:39:12,840 --> 00:39:15,279
Speaker 1: I like the drama. I think it's an opportunity for

724
00:39:15,400 --> 00:39:17,480
Speaker 1: the for the leaders of the party to really speak

725
00:39:17,560 --> 00:39:19,560
Speaker 1: not just to the country but also to the world,

726
00:39:19,920 --> 00:39:22,919
Speaker 1: give folks a preview. I mean, but but it must

727
00:39:22,920 --> 00:39:25,719
Speaker 1: be very difficult for for the campaigns, both of them

728
00:39:26,040 --> 00:39:30,680
Speaker 1: to to try to craft a really meaningful fortnight made

729
00:39:30,800 --> 00:39:36,279
Speaker 1: for TV, made for the viral media convention. Sure, no, listen,

730
00:39:36,280 --> 00:39:38,160
Speaker 1: I think it is absolutely and I'll be the first

731
00:39:38,280 --> 00:39:39,800
Speaker 1: good seed. I think it is for our campaign and

732
00:39:39,800 --> 00:39:42,640
Speaker 1: I'm I'm very glad that that's not That's not my lane.

733
00:39:42,920 --> 00:39:44,719
Speaker 1: I don't want to figure out what we're going to

734
00:39:44,760 --> 00:39:46,520
Speaker 1: put on, but I think it's a huge challenge for

735
00:39:46,600 --> 00:39:49,560
Speaker 1: both parties. You I think conventions are not only meaningful

736
00:39:49,600 --> 00:39:51,880
Speaker 1: but also just an absolute blast. You know. Last time,

737
00:39:51,920 --> 00:39:54,120
Speaker 1: inten I actually went to both of them because I

738
00:39:54,160 --> 00:39:57,279
Speaker 1: did a lot of media at the Democratic convention in Philadelphia,

739
00:39:57,640 --> 00:40:00,080
Speaker 1: I got a lot of mean looks, obviously, but they

740
00:40:00,080 --> 00:40:02,360
Speaker 1: also participate in the Republican one, so uh, you know,

741
00:40:02,480 --> 00:40:04,840
Speaker 1: the communal aspect of it is is clearly important not

742
00:40:05,000 --> 00:40:06,480
Speaker 1: just for the people who are there, but also for

743
00:40:06,480 --> 00:40:08,440
Speaker 1: the people who are watching. So it's it's obviously going

744
00:40:08,480 --> 00:40:09,919
Speaker 1: to be different, you know, in a lot of ways.

745
00:40:09,960 --> 00:40:11,640
Speaker 1: To hear, Here's what I think we'll see tonight and

746
00:40:11,719 --> 00:40:14,080
Speaker 1: for the next three nights after from the Democrats. They

747
00:40:14,120 --> 00:40:16,160
Speaker 1: will put on a good show, though I firmly believe

748
00:40:16,160 --> 00:40:17,759
Speaker 1: that they're good at this kind of stuff. Okay, they

749
00:40:17,800 --> 00:40:22,560
Speaker 1: will put on uh, there will be showmanship and glitch exactly,

750
00:40:22,640 --> 00:40:24,279
Speaker 1: of course they do. Of course, in some ways it's

751
00:40:24,280 --> 00:40:26,560
Speaker 1: sort of Hollywood versus the Heartland. And I really believe

752
00:40:26,880 --> 00:40:30,040
Speaker 1: that that is emblematic of this presidential race in general.

753
00:40:30,480 --> 00:40:32,800
Speaker 1: And what I mean by that is, yes, they have

754
00:40:32,960 --> 00:40:35,600
Speaker 1: the coastal elites locked up. Nobody would dispute that. I would,

755
00:40:36,160 --> 00:40:38,040
Speaker 1: But that's not who's going to determine this election. It's

756
00:40:38,080 --> 00:40:40,440
Speaker 1: it's gonna be a lot of working class Americans, many

757
00:40:40,480 --> 00:40:41,840
Speaker 1: of whom happen to live in the heartland, that we

758
00:40:41,880 --> 00:40:43,839
Speaker 1: want votes everywhere and amount of where they land, of course.

759
00:40:43,880 --> 00:40:46,200
Speaker 1: But you know, regarding the show that they're going to

760
00:40:46,280 --> 00:40:48,120
Speaker 1: put on, I think it will be an impressive show.

761
00:40:48,400 --> 00:40:50,200
Speaker 1: But I also I'm calling at the Wizard of Oz

762
00:40:50,239 --> 00:40:52,240
Speaker 1: convention because I think if you look behind the curtain,

763
00:40:52,600 --> 00:40:55,280
Speaker 1: what you're going to see is a corrupt and feeble

764
00:40:55,320 --> 00:40:58,320
Speaker 1: man who is trying to pretend that he's something he's not.

765
00:40:58,800 --> 00:41:00,279
Speaker 1: And what I mean by that as Joe It and

766
00:41:00,680 --> 00:41:03,319
Speaker 1: is trying to make it make it seem as though

767
00:41:03,400 --> 00:41:05,399
Speaker 1: he's a friend of the American worker, when in fact,

768
00:41:05,480 --> 00:41:08,840
Speaker 1: he's a committed globalist, somebody who has facilitated the export

769
00:41:08,960 --> 00:41:12,919
Speaker 1: of millions of American jobs for decades during his half

770
00:41:13,000 --> 00:41:15,920
Speaker 1: century career in the Washington Swap. Our job is to

771
00:41:16,000 --> 00:41:19,000
Speaker 1: make sure the American people know that Steve Cortez is

772
00:41:19,040 --> 00:41:21,960
Speaker 1: on the line. He's trump senior advisor of strategy. We

773
00:41:22,040 --> 00:41:24,400
Speaker 1: had the Democrats on earlier in the program. All right,

774
00:41:24,640 --> 00:41:27,000
Speaker 1: I gotta move it to to to the economy, and

775
00:41:27,120 --> 00:41:29,600
Speaker 1: and you of course, of all, Steve has also served

776
00:41:29,640 --> 00:41:32,600
Speaker 1: on Trump's National Hispanic Advisory Council. I want to talk

777
00:41:32,640 --> 00:41:34,320
Speaker 1: about the economy because if if you look at the

778
00:41:34,360 --> 00:41:36,240
Speaker 1: cross tabs on these polls, and some of the polls,

779
00:41:36,520 --> 00:41:38,239
Speaker 1: I mean, I'm looking at them there, they look bad

780
00:41:38,280 --> 00:41:40,759
Speaker 1: for Trump. He's down double digits. I get it. Over

781
00:41:40,800 --> 00:41:42,960
Speaker 1: the weekend I was learning out, I was trying to

782
00:41:43,080 --> 00:41:47,080
Speaker 1: track where Trump was in the sixteen cycle versus the

783
00:41:47,120 --> 00:41:48,960
Speaker 1: polls now, and it's really the kind of the same.

784
00:41:49,000 --> 00:41:51,560
Speaker 1: He was trailing by double digits and whatnot. But if

785
00:41:51,600 --> 00:41:53,560
Speaker 1: you look at the cross tabs, he's he's he does

786
00:41:53,640 --> 00:41:56,440
Speaker 1: stronger on the economy, and even in the midst of

787
00:41:56,480 --> 00:41:59,840
Speaker 1: all of this back and forth, in the impass, this

788
00:42:00,239 --> 00:42:04,239
Speaker 1: remarketable impass, uh from Leader McConnell and speaker below. See

789
00:42:04,520 --> 00:42:08,400
Speaker 1: they're trillions of dollars apart on the next deal. But

790
00:42:08,719 --> 00:42:13,000
Speaker 1: but that's really the one area where where the President

791
00:42:13,120 --> 00:42:17,200
Speaker 1: is is beating Joe Biden on still still And so

792
00:42:17,320 --> 00:42:19,520
Speaker 1: I mean that that's got to be I guess the

793
00:42:19,600 --> 00:42:24,279
Speaker 1: glimmer of hope from the from from your campaign standpoint. Listen, Yeah,

794
00:42:24,280 --> 00:42:25,680
Speaker 1: I mean I think it's I think it's more than

795
00:42:25,680 --> 00:42:28,680
Speaker 1: a glimmer hope. But because I really believe eventually, when

796
00:42:28,719 --> 00:42:31,000
Speaker 1: it comes time to go to the polls um which

797
00:42:31,080 --> 00:42:33,319
Speaker 1: is not whatever it is seventy seven days out, uh,

798
00:42:33,520 --> 00:42:36,200
Speaker 1: most Americans will actually and I realized this is a

799
00:42:36,440 --> 00:42:39,239
Speaker 1: highly unusual election year in so many ways, but I

800
00:42:39,320 --> 00:42:42,160
Speaker 1: still believe that when it comes time to actually cast ballot,

801
00:42:42,440 --> 00:42:46,759
Speaker 1: most Americans will default to the normal rationale that drives

802
00:42:46,800 --> 00:42:49,600
Speaker 1: their votes, which is which candidate can create more prosperity

803
00:42:49,680 --> 00:42:51,880
Speaker 1: for me. And I really think that is the fundamental

804
00:42:52,000 --> 00:42:55,160
Speaker 1: question that has It's been the driver of most elections historically.

805
00:42:55,320 --> 00:42:57,279
Speaker 1: I think ultimately it will be the driver of this

806
00:42:57,440 --> 00:43:00,400
Speaker 1: election as well. And on that score, uh, And if

807
00:43:00,440 --> 00:43:02,920
Speaker 1: I'm correct about that we're actually sitting in a pretty

808
00:43:02,960 --> 00:43:05,360
Speaker 1: good position, not a position where we can be complacent,

809
00:43:05,480 --> 00:43:07,000
Speaker 1: not like we have a lead that we can sit

810
00:43:07,120 --> 00:43:09,880
Speaker 1: on and stall. We're gonna work and hustle as if

811
00:43:09,920 --> 00:43:12,480
Speaker 1: we're down for every single vote, and according to some

812
00:43:12,560 --> 00:43:14,759
Speaker 1: of the public polls, of course we are down. But regardless,

813
00:43:14,800 --> 00:43:16,480
Speaker 1: I think we should act like it, uh and be

814
00:43:16,560 --> 00:43:18,239
Speaker 1: out there delivering our message. I have to say too,

815
00:43:18,840 --> 00:43:21,560
Speaker 1: we are in our campaign and the president himself. Our

816
00:43:21,640 --> 00:43:25,319
Speaker 1: actions are messaging shows. Uh. The the incredible contrast versus

817
00:43:25,400 --> 00:43:28,560
Speaker 1: Team Biden. Uh. Joe Biden, of course is staying in

818
00:43:28,640 --> 00:43:33,680
Speaker 1: his basement doing carefully orchestrated digital meetings, frankly stumbling through

819
00:43:33,800 --> 00:43:36,200
Speaker 1: quite a lot of them. His people are not out,

820
00:43:36,400 --> 00:43:38,279
Speaker 1: not not just not out physically in the country, but

821
00:43:38,320 --> 00:43:40,080
Speaker 1: also not out on the airways. For instance, on the

822
00:43:40,120 --> 00:43:43,360
Speaker 1: Sunday shows yesterday, which is typically before convention, UH, you

823
00:43:43,400 --> 00:43:45,960
Speaker 1: would see an array of people from the Democrats out

824
00:43:46,000 --> 00:43:48,320
Speaker 1: there previewing and trying to pump people up for their conventions.

825
00:43:48,480 --> 00:43:51,160
Speaker 1: There was not a single person from the Biden campaign,

826
00:43:51,239 --> 00:43:53,920
Speaker 1: nor either the candidates Biden or Harris on any of

827
00:43:54,000 --> 00:43:56,480
Speaker 1: the Sunday shows. So instead we chose to flood the zone.

828
00:43:56,880 --> 00:43:59,040
Speaker 1: The President himself and a lot of US senior folks

829
00:43:59,040 --> 00:44:01,480
Speaker 1: from the campaign were all over everywhere and finally not

830
00:44:01,760 --> 00:44:03,680
Speaker 1: just taking softball interviews, and I was on with Mike

831
00:44:03,719 --> 00:44:07,960
Speaker 1: Wallace was probably the toughest interviewer this one, besides this

832
00:44:08,080 --> 00:44:11,520
Speaker 1: one UM TV News. I appreciate it. All right, go ahead, Steve,

833
00:44:11,600 --> 00:44:13,200
Speaker 1: let me see this because I do want to ask

834
00:44:13,239 --> 00:44:15,960
Speaker 1: you because one of the policy things and my day

835
00:44:16,040 --> 00:44:18,399
Speaker 1: job really on on Bloomberg Television is to really touch

836
00:44:18,440 --> 00:44:21,959
Speaker 1: track geopolitics and the rising tensions between the US and China,

837
00:44:22,040 --> 00:44:25,640
Speaker 1: policy specifically on on China, and we saw how the

838
00:44:25,680 --> 00:44:28,319
Speaker 1: President tried to negotiate a Phase one US China trade deal,

839
00:44:28,360 --> 00:44:30,360
Speaker 1: and then you know, obviously with what's been going on

840
00:44:30,520 --> 00:44:33,480
Speaker 1: with COVID nineteen UH that that has frozen and their

841
00:44:33,520 --> 00:44:38,680
Speaker 1: significant geopolitical risk UH in terms of escalating tensions. When

842
00:44:38,680 --> 00:44:40,120
Speaker 1: I talk to Democrats, I know you don't want to

843
00:44:40,160 --> 00:44:42,880
Speaker 1: hear this, but they also have concerns about China. Republicans

844
00:44:42,920 --> 00:44:45,920
Speaker 1: obviously have concerns about China as well. How is China,

845
00:44:46,239 --> 00:44:49,480
Speaker 1: Steve gonna play in the convention next week? I mean,

846
00:44:49,760 --> 00:44:51,560
Speaker 1: or do you think it's going to be because the

847
00:44:51,640 --> 00:44:53,719
Speaker 1: president is said that he feels that he would be

848
00:44:53,800 --> 00:44:57,560
Speaker 1: tougher on China than than Joe Biden. Um. You know,

849
00:44:57,680 --> 00:45:00,120
Speaker 1: Democrats will disagree with that and whatnot. But but this

850
00:45:00,239 --> 00:45:05,360
Speaker 1: issue of China has really become a central part of it,

851
00:45:05,400 --> 00:45:08,480
Speaker 1: absolutely has. You know, Americans, you talked about polling. You know,

852
00:45:08,760 --> 00:45:11,680
Speaker 1: Americans are are highly polarized. Obviously, there's very little that

853
00:45:11,760 --> 00:45:14,400
Speaker 1: we agree on. One of the few issues that polling

854
00:45:14,440 --> 00:45:18,719
Speaker 1: shows Americans just absolutely overwhelmingly agree on is a suspicious

855
00:45:18,760 --> 00:45:21,239
Speaker 1: and negative attitude towards China. Um. And I mean, of

856
00:45:21,320 --> 00:45:23,960
Speaker 1: course not not the great Chinese people who are victimized

857
00:45:23,960 --> 00:45:25,719
Speaker 1: by the Chinese Communist Party, you know, I mean the

858
00:45:25,840 --> 00:45:28,920
Speaker 1: the Beijing Rishi and the CCP. And I think Americans

859
00:45:29,040 --> 00:45:31,399
Speaker 1: know now they have come to a realization, unfortunately, because

860
00:45:31,400 --> 00:45:32,880
Speaker 1: of what we have to suffer through in this country

861
00:45:32,960 --> 00:45:37,480
Speaker 1: in terms of health and economy. Yes, yes, they know

862
00:45:38,000 --> 00:45:42,239
Speaker 1: that the CCP did this, That the CCPs deception and

863
00:45:42,360 --> 00:45:46,280
Speaker 1: mauthfeasance literally infected the world. They made a willful decision

864
00:45:46,440 --> 00:45:49,280
Speaker 1: to lie to seal off Juhans from the rest of China,

865
00:45:49,360 --> 00:45:51,480
Speaker 1: but not from the rest of the world. They infected

866
00:45:51,520 --> 00:45:54,440
Speaker 1: the world that crashed the global economy. Americans know that,

867
00:45:54,960 --> 00:45:56,960
Speaker 1: um and they know who is responsible for this, and

868
00:45:57,040 --> 00:45:58,920
Speaker 1: they also know further than to connect it back to

869
00:45:59,040 --> 00:46:03,359
Speaker 1: US politics. Who has been the toughest US politician ever

870
00:46:03,719 --> 00:46:06,279
Speaker 1: to stand up against the Chinese Communist Party. It is

871
00:46:06,320 --> 00:46:08,360
Speaker 1: Donald Trump. And when we look at Joe Biden we

872
00:46:08,440 --> 00:46:10,640
Speaker 1: see exactly the opposite. Somebody who is a senator was

873
00:46:10,680 --> 00:46:13,400
Speaker 1: the foremost proponent of including them into the w t O,

874
00:46:13,800 --> 00:46:15,879
Speaker 1: giving them Most Favorite Nation status so that they could

875
00:46:15,880 --> 00:46:18,359
Speaker 1: abuse the United States in trade. There not a trade partner,

876
00:46:18,400 --> 00:46:21,080
Speaker 1: they're a trade exploiter, so they could abuse American workers

877
00:46:21,160 --> 00:46:23,640
Speaker 1: for the last two decades. And somebody who's also it's

878
00:46:23,680 --> 00:46:25,879
Speaker 1: not just policy that would be bad enough, who also

879
00:46:25,960 --> 00:46:29,919
Speaker 1: has a lot of personal problems regarding through his son Hunter,

880
00:46:30,040 --> 00:46:32,799
Speaker 1: regarding the Chinese Communist part All right, Steve Cortez, he's

881
00:46:32,840 --> 00:46:34,719
Speaker 1: joining us from the Trump campaign. Thank you so much

882
00:46:35,000 --> 00:46:37,239
Speaker 1: for for dropping by and for for talking with me.

883
00:46:37,360 --> 00:46:39,760
Speaker 1: I'll talk with you many times between now an election

884
00:46:40,000 --> 00:46:43,160
Speaker 1: and coming up. Secretary Azars trip to Taiwan and how

885
00:46:43,239 --> 00:46:46,120
Speaker 1: that connects to China. I'm Kevin's really chief Washington correspondent

886
00:46:46,160 --> 00:46:51,359
Speaker 1: for Bloomberg TV and Radio. You're listening to Bloomberg. You're

887
00:46:51,440 --> 00:46:55,279
Speaker 1: listening to Bloomberg. Sound on with Kevin Surley on Bloomberg

888
00:46:56,400 --> 00:46:58,680
Speaker 1: and one oh five point seven f M h D two.

889
00:46:59,800 --> 00:47:02,040
Speaker 1: My name is Kevin Curli on, the Chief Washington Correspondent

890
00:47:02,040 --> 00:47:04,759
Speaker 1: from LUMBERK TV and and Radio. And we will be

891
00:47:04,960 --> 00:47:08,640
Speaker 1: on all night with my colleague David Weston and of

892
00:47:08,719 --> 00:47:12,839
Speaker 1: course Bloomberg's all star team of analysts and reporters as

893
00:47:12,880 --> 00:47:15,000
Speaker 1: we cover night one and all weekend. All next week

894
00:47:15,160 --> 00:47:19,239
Speaker 1: cover Night one of the Democratic National Convention. Be sure

895
00:47:19,320 --> 00:47:23,400
Speaker 1: to tune in. Michelle Obama, former First Lady Michelle Obama,

896
00:47:23,440 --> 00:47:26,239
Speaker 1: will give the big speech tonight, so that'll be fascinating

897
00:47:26,320 --> 00:47:28,719
Speaker 1: to see. Jim Kessler still with me, Senior VP for

898
00:47:28,760 --> 00:47:31,600
Speaker 1: policy and co founder a Third Way, former policy director

899
00:47:31,680 --> 00:47:34,520
Speaker 1: for Senator Chuck Schumer. Colin Reid also with me, gop

900
00:47:34,640 --> 00:47:38,520
Speaker 1: strategist and managing director at the Levinson Group. It's time

901
00:47:38,560 --> 00:47:40,759
Speaker 1: now for what's on your radar and I'm gonna kick

902
00:47:40,800 --> 00:47:42,640
Speaker 1: things off because this is the story that I find

903
00:47:42,719 --> 00:47:45,680
Speaker 1: the most intriguing and it's, uh, we haven't really had

904
00:47:45,719 --> 00:47:47,200
Speaker 1: a lot of time to unpack it, but it kind

905
00:47:47,239 --> 00:47:48,680
Speaker 1: of goes with what we were talking about with Steve

906
00:47:48,719 --> 00:47:52,560
Speaker 1: Cortez with regards to China. So last week, Health and

907
00:47:52,719 --> 00:47:58,000
Speaker 1: Human Services Secretary Alex Asar travel to Taiwan. China didn't

908
00:47:58,040 --> 00:48:00,680
Speaker 1: like that Taiwan. Of course, this was the most high

909
00:48:00,719 --> 00:48:04,920
Speaker 1: profile visit UH and of of a cabinet level official

910
00:48:05,360 --> 00:48:08,239
Speaker 1: h and he spoke at National Taiwan University College of

911
00:48:08,280 --> 00:48:14,160
Speaker 1: Public Health criticizing Beijing and the Communist Party's UH handling

912
00:48:14,320 --> 00:48:20,160
Speaker 1: of COVID nineteen. China. Last week they sent fighter jets

913
00:48:20,640 --> 00:48:24,200
Speaker 1: as the US Health chief visited Taiwan. Reading from Reuters,

914
00:48:24,640 --> 00:48:27,759
Speaker 1: Chinese Air Force jets briefly crossed the midline of the

915
00:48:27,800 --> 00:48:31,240
Speaker 1: Taiwan Straight on Monday. This is last week. We're tracked

916
00:48:31,280 --> 00:48:35,279
Speaker 1: by Taiwan these missiles. Taiwan's government said this as US

917
00:48:35,360 --> 00:48:39,440
Speaker 1: Health Chief Alex Asar visited the island to offer President

918
00:48:39,520 --> 00:48:43,360
Speaker 1: Donald Trump's support. Asar arrived in Taiwan on Sunday, the

919
00:48:43,480 --> 00:48:47,120
Speaker 1: highest level US the highest level US official to visit

920
00:48:47,200 --> 00:48:50,279
Speaker 1: in for a decade. China, which claims the island as

921
00:48:50,320 --> 00:48:53,240
Speaker 1: its own, condemned the visit, which comes after a period

922
00:48:53,320 --> 00:48:58,840
Speaker 1: of sharply deteriorating relations between the United States and China,

923
00:48:59,760 --> 00:49:04,799
Speaker 1: very very interesting, folks. And then this morning, right before

924
00:49:04,800 --> 00:49:07,320
Speaker 1: I was going on to Bloomberg Surveillance, I'm checking military

925
00:49:07,440 --> 00:49:11,319
Speaker 1: dot com and I see the headline Taiwan finalizes get

926
00:49:11,440 --> 00:49:16,200
Speaker 1: this sixty two billion dollar purchase of F sixteen jets

927
00:49:16,440 --> 00:49:20,080
Speaker 1: from Lockheed Martin. Taiwan finalized the purchase of F sixteen

928
00:49:20,120 --> 00:49:24,040
Speaker 1: fighter jets from the US aircraft manufacturer Lockheed Martin on Friday,

929
00:49:24,360 --> 00:49:26,520
Speaker 1: a source confirmed to the A F P A and

930
00:49:27,000 --> 00:49:30,520
Speaker 1: UH in a sixty two billion dollar ten year deal

931
00:49:30,880 --> 00:49:35,480
Speaker 1: to Anger Sure to Anger Beijing, it's remarkable, remarkable to

932
00:49:35,520 --> 00:49:37,560
Speaker 1: see how these tensions are playing out. We talked about

933
00:49:37,600 --> 00:49:40,680
Speaker 1: it obviously from a market perspective with TikTok and ten Cent.

934
00:49:40,800 --> 00:49:43,360
Speaker 1: We talked about it from a Silicon Valley angle. We

935
00:49:43,440 --> 00:49:46,000
Speaker 1: talked about it from UH five G and and the

936
00:49:46,040 --> 00:49:49,800
Speaker 1: supply chain. But really remarkable, UH and I I would

937
00:49:49,880 --> 00:49:53,600
Speaker 1: love to interview Secretary as Are about his recent travel.

938
00:49:53,719 --> 00:49:56,520
Speaker 1: So that's what's on my radar, Jim Kessler. I don't

939
00:49:56,560 --> 00:49:58,759
Speaker 1: know if you caught any of that, but I mean,

940
00:49:58,800 --> 00:50:01,640
Speaker 1: but actually, before I ask what's on your radar, let

941
00:50:01,719 --> 00:50:07,200
Speaker 1: me ask how would Joe Biden deal with China? Well, look,

942
00:50:07,280 --> 00:50:10,480
Speaker 1: I don't know the exact answer that question. So let

943
00:50:10,560 --> 00:50:13,000
Speaker 1: me just say how I think we need to deal

944
00:50:13,080 --> 00:50:17,279
Speaker 1: with China. Um, they are an adversary, There's no doubt

945
00:50:17,320 --> 00:50:20,440
Speaker 1: about it. Um, We're going to have to figure out

946
00:50:20,440 --> 00:50:23,719
Speaker 1: a way to deal with that adversary without having the

947
00:50:23,840 --> 00:50:27,080
Speaker 1: most expensive military build up on both sides in the

948
00:50:27,239 --> 00:50:30,440
Speaker 1: history of human kind and potentially one of the most

949
00:50:30,520 --> 00:50:33,359
Speaker 1: devastating wars. So we're going to have to figure out

950
00:50:33,440 --> 00:50:36,359
Speaker 1: how and with China, how to thread that needle. Because

951
00:50:36,480 --> 00:50:40,080
Speaker 1: China is a problem. They cheat on trade, there's no

952
00:50:40,200 --> 00:50:44,560
Speaker 1: doubt about it. There their economic mercantilists. Um, they are

953
00:50:45,120 --> 00:50:50,160
Speaker 1: becoming more They're stretching their military, uh might more and more.

954
00:50:50,440 --> 00:50:53,840
Speaker 1: So there needs to be some answers on this, and

955
00:50:54,440 --> 00:50:56,640
Speaker 1: it can't be another fifty year Cold War that we

956
00:50:56,719 --> 00:51:01,239
Speaker 1: hope doesn't end within the clear bomb. Well, Jim, that

957
00:51:01,440 --> 00:51:06,720
Speaker 1: was very wow. Okay, all right, what's on your radar now? Okay,

958
00:51:07,760 --> 00:51:13,600
Speaker 1: the going back to politics, the Democratic National Committee's Rules

959
00:51:13,760 --> 00:51:19,239
Speaker 1: Committee voted by one to zero to eliminate all caucuses

960
00:51:19,560 --> 00:51:24,600
Speaker 1: in future Democratic primary races. So goodbye and good riddence

961
00:51:25,120 --> 00:51:29,279
Speaker 1: to the Iowa caucus caucuses. Our voter suppression by a

962
00:51:29,520 --> 00:51:34,360
Speaker 1: polite name, it keeps people from voting. And frankly, caucuses

963
00:51:34,400 --> 00:51:37,600
Speaker 1: there were fourteen of them in seven of them in

964
00:51:37,719 --> 00:51:42,200
Speaker 1: two thousand and twenty. Caucuses are really the lifeblood of

965
00:51:42,360 --> 00:51:45,359
Speaker 1: the left winning elections. They win caucus states, they lose

966
00:51:45,440 --> 00:51:50,840
Speaker 1: primary states. So so what does this mean? For what

967
00:51:51,000 --> 00:51:54,400
Speaker 1: it means is so Iowa might not go first, and frankly,

968
00:51:54,560 --> 00:51:56,680
Speaker 1: I shouldn't go first. I think there's gonna be changes

969
00:51:56,719 --> 00:52:01,799
Speaker 1: in the calendar. But when you if you look at particular,

970
00:52:01,840 --> 00:52:06,480
Speaker 1: who's every state voted in a contested race. Bernie Sanders

971
00:52:06,719 --> 00:52:10,520
Speaker 1: one caucus state to thirty nine, and he lost primary

972
00:52:10,600 --> 00:52:15,200
Speaker 1: states fifty seven to forty three. So the caucus dynamic

973
00:52:15,480 --> 00:52:20,799
Speaker 1: is the most activist voter and it basically eliminates poor

974
00:52:20,880 --> 00:52:22,960
Speaker 1: people from voting, or people who have to work or

975
00:52:23,040 --> 00:52:25,920
Speaker 1: single parents from voting. May tend to be more moderate,

976
00:52:26,120 --> 00:52:29,160
Speaker 1: So I think this is a moderating influence on the

977
00:52:29,239 --> 00:52:33,960
Speaker 1: democratic electoral process. Wow, that's a good one, all right, college,

978
00:52:34,200 --> 00:52:38,040
Speaker 1: what's uh? What's on your radar? Yeah? Someone who was

979
00:52:38,080 --> 00:52:41,360
Speaker 1: actively rooting for Bernie Sanders to win the presidential primary

980
00:52:41,640 --> 00:52:45,840
Speaker 1: both times round? I I am. I shared Jame's assessment

981
00:52:45,920 --> 00:52:48,680
Speaker 1: of the of the elimination of the caucus, but I

982
00:52:48,800 --> 00:52:53,480
Speaker 1: have a different reaction to it. Um. But on my radar, Kevin,

983
00:52:53,560 --> 00:52:57,000
Speaker 1: I'll stick to your section of the world. In New Zealand,

984
00:52:57,120 --> 00:52:59,560
Speaker 1: the country I think we've talked about on the show before,

985
00:52:59,600 --> 00:53:02,759
Speaker 1: and one that I had the privilege of visiting, uh

986
00:53:03,040 --> 00:53:06,640
Speaker 1: just before the lockdown back in March, and King my

987
00:53:06,719 --> 00:53:10,320
Speaker 1: old Boston ambassador stop round there. So in New Zealand today,

988
00:53:10,480 --> 00:53:13,239
Speaker 1: the Prime Minister, who's up for re election UH in

989
00:53:13,360 --> 00:53:16,120
Speaker 1: just a few weeks, announced the delay of the national

990
00:53:16,200 --> 00:53:20,200
Speaker 1: election from September nineteenth to October seventeen. So she pushed

991
00:53:20,239 --> 00:53:23,920
Speaker 1: the election back four weeks in response to fifty eight

992
00:53:24,000 --> 00:53:29,200
Speaker 1: new cases of COVID outbreak in New Zealand cases and

993
00:53:29,719 --> 00:53:32,920
Speaker 1: hardly Uh. The amazing thing is not just that that

994
00:53:33,080 --> 00:53:35,359
Speaker 1: was accomplished, but also that there was hardly a peak

995
00:53:35,440 --> 00:53:38,120
Speaker 1: from the opposition or any of the people try and

996
00:53:38,160 --> 00:53:40,560
Speaker 1: take her job. So, Uh, it's kind of one of

997
00:53:40,600 --> 00:53:42,640
Speaker 1: those can you imagine if it happened here type scenarios

998
00:53:42,680 --> 00:53:46,239
Speaker 1: if Donald Trump tried executive producer just put in the

999
00:53:46,320 --> 00:53:53,600
Speaker 1: group chatty cases. That's it exactly that that's yeah, But

1000
00:53:53,719 --> 00:53:56,759
Speaker 1: it is because because you look at the debate that's

1001
00:53:56,760 --> 00:53:59,720
Speaker 1: being had here with regards to the US Postal Service

1002
00:53:59,760 --> 00:54:02,680
Speaker 1: and not an election day and everything and and uh,

1003
00:54:02,840 --> 00:54:04,960
Speaker 1: and here's a country, New Zealand. I did I did

1004
00:54:05,080 --> 00:54:08,680
Speaker 1: hear about this um last night when I was prepping

1005
00:54:08,719 --> 00:54:10,960
Speaker 1: for for this week, and I thought, wow, so there.

1006
00:54:11,120 --> 00:54:13,400
Speaker 1: I believe that this would make them the first country

1007
00:54:13,520 --> 00:54:15,680
Speaker 1: that has delayed an election. And I could have the

1008
00:54:15,719 --> 00:54:18,080
Speaker 1: strong and I but this is one of the first,

1009
00:54:18,160 --> 00:54:20,960
Speaker 1: definitely one of the first countries that has delayed an

1010
00:54:21,040 --> 00:54:25,239
Speaker 1: election as a result Colin and COVID nineteen. I think

1011
00:54:25,280 --> 00:54:28,320
Speaker 1: they were also the first country to be COVID nineteen

1012
00:54:28,400 --> 00:54:31,080
Speaker 1: free at one point before this recent outbreak. So it's

1013
00:54:31,120 --> 00:54:33,480
Speaker 1: been a year of first for the country. To New Zealand.

1014
00:54:33,640 --> 00:54:37,160
Speaker 1: What's Scott Brownman up to. He's the ambassador there, He

1015
00:54:37,400 --> 00:54:40,040
Speaker 1: United States Ambassador in New Zealand, so he's there. He's

1016
00:54:40,520 --> 00:54:43,239
Speaker 1: probably safe. Probably the New Zealand's like the safest place

1017
00:54:43,320 --> 00:54:46,800
Speaker 1: to be in. Yeah, it's not a bad place to be.

1018
00:54:47,080 --> 00:54:49,759
Speaker 1: So if you want to go do an interview with him, Kevin,

1019
00:54:49,840 --> 00:54:52,800
Speaker 1: let me know. We'll see if we can make it happen. Actually,

1020
00:54:52,880 --> 00:54:54,640
Speaker 1: you know what, let's make it happen. That now we're

1021
00:54:54,680 --> 00:54:57,120
Speaker 1: booking for for two weeks out. Christine Brown is like, yes,

1022
00:54:57,200 --> 00:54:59,080
Speaker 1: he's got his contact information. Yeah, no, we would love

1023
00:54:59,080 --> 00:55:03,640
Speaker 1: to have the ambassador on obviously talking might allowed to

1024
00:55:03,680 --> 00:55:06,360
Speaker 1: leave the country, allowed to get on a plane? Am

1025
00:55:06,440 --> 00:55:08,600
Speaker 1: I allowed? Who goes? But I would love to I

1026
00:55:08,640 --> 00:55:11,759
Speaker 1: would go anywhere. I'd love to travel. I missed traveling. UM,

1027
00:55:11,800 --> 00:55:13,279
Speaker 1: I have nothing to complain about. I have nothing but

1028
00:55:13,360 --> 00:55:18,560
Speaker 1: gratitude here and for our esteemed panelist Jim Kessler, Senior

1029
00:55:18,640 --> 00:55:21,520
Speaker 1: VP for Policy and co founder A Third Way Billy Guy,

1030
00:55:21,600 --> 00:55:25,280
Speaker 1: as well, former policy director for Senator Chuck Schumer, Colin Marina,

1031
00:55:25,320 --> 00:55:29,320
Speaker 1: Patriots fan, GP strategist and managing director at the Levinson Group.

1032
00:55:29,840 --> 00:55:32,600
Speaker 1: Check in, uh, cross platform, however you get Bloomberg and

1033
00:55:32,600 --> 00:55:36,200
Speaker 1: Bloomberg terminal, download the Bloomberg sound on radio app Um,

1034
00:55:36,640 --> 00:55:39,560
Speaker 1: anyway you get Bloomberg. Anyway, I'm headed to the White

1035
00:55:39,640 --> 00:55:43,040
Speaker 1: House to uh report this thing a night one of

1036
00:55:43,040 --> 00:55:47,160
Speaker 1: the virtual conventions. Thanks for listening, everybody, stay uh, stay safe,

1037
00:55:47,400 --> 00:55:50,759
Speaker 1: stay sane, and I'll be in tomorrow and we'll talk

1038
00:55:50,840 --> 00:55:54,320
Speaker 1: about what we here tonight. Thanks for listening to Bloomberg