1 00:00:00,360 --> 00:00:05,080 Speaker 1: Live from our Nation's how do we reopen this economy? 2 00:00:05,200 --> 00:00:08,320 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,440 --> 00:00:11,440 Speaker 1: does this do? From the United States relationship with China? 4 00:00:11,600 --> 00:00:16,520 Speaker 1: Floomberg Sound on the Inside, the influencers, the insides. We're 5 00:00:16,560 --> 00:00:19,720 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:19,880 --> 00:00:23,400 Speaker 1: never before. We're looking at seventy kenneddates for different vectines. 7 00:00:23,480 --> 00:00:26,120 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,200 --> 00:00:30,280 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:30,360 --> 00:00:34,640 Speaker 1: Surrelate on Bloomberg and one oh five point seven f 10 00:00:34,760 --> 00:00:37,599 Speaker 1: m h D two to see this Department of Justice 11 00:00:37,800 --> 00:00:42,240 Speaker 1: drops the Michael Flynn case, sparing President Trump, the risk 12 00:00:42,320 --> 00:00:46,120 Speaker 1: of the presidential part in plus the prognosis, Well, folks, 13 00:00:46,360 --> 00:00:49,720 Speaker 1: the prognosis is that US COVID nineteen cases rise two 14 00:00:49,760 --> 00:00:53,519 Speaker 1: point four percent. Death's top seventy five thousand, the complete 15 00:00:53,600 --> 00:00:58,880 Speaker 1: latest virus update, And what's the House gonna dor next week? 16 00:00:58,920 --> 00:01:01,040 Speaker 1: What Speaker Pelosi gonna do next week? She spoke to 17 00:01:01,120 --> 00:01:03,880 Speaker 1: our very own David weston the latest on that as well. 18 00:01:03,920 --> 00:01:07,080 Speaker 1: We've got an all star panel, all star panel to 19 00:01:07,160 --> 00:01:10,680 Speaker 1: kick things off. Justin Sink from the Bloomberg White House team. 20 00:01:11,520 --> 00:01:15,280 Speaker 1: Ross Cullen, correspondent for Feature News. For Feature Story News 21 00:01:15,319 --> 00:01:17,360 Speaker 1: in Paris, Ross is going to give us an uptown 22 00:01:17,360 --> 00:01:19,840 Speaker 1: on how the Europeans are doing. And Adam Hodge, Senior 23 00:01:19,920 --> 00:01:22,800 Speaker 1: Vice president at Aerial Investments to give us a complete 24 00:01:22,840 --> 00:01:28,240 Speaker 1: economic rundown. And Adam Goodman, Republican media strategist, columnists and 25 00:01:28,360 --> 00:01:31,479 Speaker 1: partner at Ballard Partners in Washington, d C. So we've 26 00:01:31,520 --> 00:01:34,440 Speaker 1: got an all star, all star panel. Breaking news, folks, 27 00:01:35,200 --> 00:01:39,040 Speaker 1: The Department of Justice has dropped the Michael Flynn case. 28 00:01:39,720 --> 00:01:43,440 Speaker 1: They've dropped it, totally dropped it. President Trump has said 29 00:01:43,440 --> 00:01:47,319 Speaker 1: that the Obama administration was quote unquote scum end quote 30 00:01:47,880 --> 00:01:50,800 Speaker 1: for prosecuting him. Reading from Chris Dram and Billy House 31 00:01:50,880 --> 00:01:54,120 Speaker 1: reporting on the Bloomberg terminal. Under sustained pressure from President 32 00:01:54,160 --> 00:01:58,040 Speaker 1: Donald Trump, the Justice Department took the highly unusual step 33 00:01:58,160 --> 00:02:02,240 Speaker 1: of dropping its prosecution of Michael Flynn, the President's first 34 00:02:02,360 --> 00:02:07,160 Speaker 1: national security adviser, even though he had pleaded guilty more 35 00:02:07,240 --> 00:02:12,880 Speaker 1: than two years ago to lying to f b I agents. 36 00:02:12,960 --> 00:02:15,840 Speaker 1: That's where we begin tonight with Justin sk Bloomberg White 37 00:02:15,880 --> 00:02:19,480 Speaker 1: House reporter. Justin, what's the reaction from the White House 38 00:02:19,760 --> 00:02:23,120 Speaker 1: as it goes for Michael Flynn. Yeah, I mean we 39 00:02:23,200 --> 00:02:25,400 Speaker 1: heard from President Trump a couple of hours ago, and 40 00:02:25,800 --> 00:02:29,240 Speaker 1: he was really a static with the decision, said that, uh, 41 00:02:29,760 --> 00:02:33,079 Speaker 1: it improved his thinking about Michael Flynn that had already 42 00:02:33,120 --> 00:02:36,359 Speaker 1: been a sort of high regard, and uh, you know, 43 00:02:36,520 --> 00:02:41,120 Speaker 1: he attacked the Obama administration as as human scum for 44 00:02:41,200 --> 00:02:46,600 Speaker 1: initiating the prosecution against Flynn. Now you know, the prosecution 45 00:02:46,680 --> 00:02:50,640 Speaker 1: actually happened after President Trump had had gotten into office. 46 00:02:50,760 --> 00:02:53,639 Speaker 1: Flynn was interviewed at the White House well where he 47 00:02:53,720 --> 00:02:57,040 Speaker 1: was working, by FBI agents. But it's part of I 48 00:02:57,160 --> 00:02:59,880 Speaker 1: think this feeds into the argument that we've heard a 49 00:03:00,040 --> 00:03:03,359 Speaker 1: lot from the president supporters, which is the idea that 50 00:03:03,600 --> 00:03:08,800 Speaker 1: that Washington was in some way sort of uh, collluding 51 00:03:08,840 --> 00:03:11,239 Speaker 1: against the president, that there was a deep state that 52 00:03:11,320 --> 00:03:14,120 Speaker 1: existed that was out to get the president. And obviously 53 00:03:14,200 --> 00:03:17,119 Speaker 1: these FBI documents have sid into that. They've also fed 54 00:03:17,160 --> 00:03:20,919 Speaker 1: into perceptions by the President's opponents who say, hey, once again, 55 00:03:21,480 --> 00:03:24,720 Speaker 1: the Justice Department under Bill Barr has done a political 56 00:03:24,800 --> 00:03:27,600 Speaker 1: favor for the President and and kind of gone outside 57 00:03:28,480 --> 00:03:31,560 Speaker 1: what the Justice Department has traditionally done in cases like this. 58 00:03:32,200 --> 00:03:34,280 Speaker 1: You know, you go back to this. I mean what 59 00:03:34,400 --> 00:03:36,480 Speaker 1: the Eli Lake was really out front of all this, 60 00:03:36,840 --> 00:03:39,600 Speaker 1: but are very only LII like Bloomberg columnists. But you know, 61 00:03:39,760 --> 00:03:42,840 Speaker 1: for for I want to just read some of the 62 00:03:42,920 --> 00:03:45,360 Speaker 1: remarks that you were alluding to that the President said 63 00:03:45,720 --> 00:03:49,600 Speaker 1: justin st Bloomberg White House reporter. Um, he said, quote, 64 00:03:49,680 --> 00:03:52,320 Speaker 1: he's an innocent man who was targeted in order to 65 00:03:52,440 --> 00:03:55,720 Speaker 1: try and take down a president and quote that's President 66 00:03:55,760 --> 00:03:58,920 Speaker 1: Trump talking about Flynn. And then he goes on to 67 00:03:59,040 --> 00:04:02,400 Speaker 1: call the Obama and illustration quote human scum end quote 68 00:04:03,080 --> 00:04:06,280 Speaker 1: it said it's treason. I mean, these are some really 69 00:04:07,320 --> 00:04:10,040 Speaker 1: even for President Trump. I mean, these are really uh 70 00:04:10,520 --> 00:04:13,640 Speaker 1: blunt talk from from the president, and in many ways 71 00:04:13,920 --> 00:04:17,200 Speaker 1: I would imagine that Republicans and the administration would would 72 00:04:17,240 --> 00:04:21,440 Speaker 1: view this as vindication of sorts. Yeah, I mean I 73 00:04:21,520 --> 00:04:25,440 Speaker 1: think you know, obviously, the sort of repeated phrase that 74 00:04:25,480 --> 00:04:27,200 Speaker 1: we've heard from the White House and from the President 75 00:04:27,320 --> 00:04:29,880 Speaker 1: was that the entire Russia investigation was a hoax, a 76 00:04:30,000 --> 00:04:32,960 Speaker 1: whitch hunt, h an effort to make something out of nothing. 77 00:04:33,279 --> 00:04:35,200 Speaker 1: I think it is important in the Flint case to 78 00:04:35,279 --> 00:04:38,960 Speaker 1: remember that, uh, in fact, he did what he was 79 00:04:39,000 --> 00:04:43,119 Speaker 1: accused of right, he held secret talks with the Russian 80 00:04:43,160 --> 00:04:49,360 Speaker 1: ambassador after President Obama implemented sanctions on Russia, hid that 81 00:04:49,520 --> 00:04:52,800 Speaker 1: information from the media and Vice President Mike Pence, which 82 00:04:52,920 --> 00:04:56,680 Speaker 1: ultimately led to his firing. Why did the FBI about it? 83 00:04:56,839 --> 00:04:59,560 Speaker 1: Admitted to line to the FBI about it. But the 84 00:04:59,640 --> 00:05:01,960 Speaker 1: only sort of new evidence that it's emerged is that 85 00:05:02,520 --> 00:05:06,159 Speaker 1: in a strategy session before going into interview Mike Flynn, 86 00:05:06,760 --> 00:05:09,600 Speaker 1: FBI agents asked themselves, well, what you know, what is 87 00:05:09,640 --> 00:05:11,320 Speaker 1: the purpose of this interview? Are we trying to get 88 00:05:11,440 --> 00:05:14,720 Speaker 1: him to lie about this case? Are we trying to 89 00:05:15,880 --> 00:05:19,600 Speaker 1: get him into a situation where President Trump might fire him? 90 00:05:20,080 --> 00:05:22,520 Speaker 1: Obviously the president of Critics say that even having that 91 00:05:22,680 --> 00:05:28,800 Speaker 1: conversation is uh, sort of across out of bounds and unusual. 92 00:05:29,720 --> 00:05:31,960 Speaker 1: I think a lot of people on the other side say, yeah, 93 00:05:32,000 --> 00:05:35,320 Speaker 1: I mean, the FBI routinely tries to sort of catch 94 00:05:35,440 --> 00:05:39,480 Speaker 1: people in lies and interviews and incumbent on somebody when 95 00:05:39,560 --> 00:05:42,400 Speaker 1: talking to an FBI agent not to to lie about 96 00:05:42,440 --> 00:05:44,960 Speaker 1: their circumstances. And so I think you're going to hear 97 00:05:45,000 --> 00:05:47,320 Speaker 1: a lot of celebration from from the President in the 98 00:05:47,360 --> 00:05:50,640 Speaker 1: White House saying, Hey, this is indication that that the 99 00:05:50,760 --> 00:05:53,479 Speaker 1: Justice Department went out to get the president, and also 100 00:05:53,560 --> 00:05:56,280 Speaker 1: a lot of criticism and Democrats who say, you know, 101 00:05:56,360 --> 00:05:59,119 Speaker 1: this is something that happens every day, and and Michael 102 00:05:59,120 --> 00:06:02,240 Speaker 1: Flynn's getting the favor from from one of the president's allies. 103 00:06:02,400 --> 00:06:05,160 Speaker 1: Just to close this loop before we move on to coronavirus, 104 00:06:05,360 --> 00:06:09,800 Speaker 1: pandemic and stimulus, Jerry Nadler, House Judiciary Committee Chairman Jerry Nadler, 105 00:06:09,839 --> 00:06:12,880 Speaker 1: New York Democrat, said in this week quote, Flynn pleaded 106 00:06:12,920 --> 00:06:16,599 Speaker 1: guilty to lying to investigators. The evidence against him is overwhelming. 107 00:06:16,920 --> 00:06:21,120 Speaker 1: Now politicized Department of Justice is dropping the case. So 108 00:06:21,279 --> 00:06:23,240 Speaker 1: you've got Democrats who are now saying that this is 109 00:06:23,279 --> 00:06:27,240 Speaker 1: political and Republicans saying that they're vindicated. So as the 110 00:06:27,279 --> 00:06:30,719 Speaker 1: world turns moving on. Okay, so next week House comes 111 00:06:30,760 --> 00:06:33,360 Speaker 1: back Speaker Pelosi trying to advance a bill. She told 112 00:06:33,400 --> 00:06:36,799 Speaker 1: our very own David Weston in a Bloomberg Television interview 113 00:06:37,120 --> 00:06:40,160 Speaker 1: with him earlier today that she's optimistic, uh that that 114 00:06:40,240 --> 00:06:42,840 Speaker 1: you'll be able to get a deal, but that you know, 115 00:06:43,080 --> 00:06:46,440 Speaker 1: the politics still exists here. How optimistic justin is the 116 00:06:46,520 --> 00:06:48,440 Speaker 1: White House that the next round of that it'll be 117 00:06:48,520 --> 00:06:50,839 Speaker 1: a quick deal. To have the next round of economic 118 00:06:50,880 --> 00:06:54,760 Speaker 1: stimulus spending. Yeah, I'm not sure that the White House 119 00:06:54,880 --> 00:06:57,480 Speaker 1: is necessarily looking for a quick deal here as much 120 00:06:57,560 --> 00:07:00,600 Speaker 1: as advancing a whole bunch of the president priorities that 121 00:07:00,720 --> 00:07:03,200 Speaker 1: he feels have been put off for a while, and 122 00:07:03,320 --> 00:07:05,880 Speaker 1: they you know, you get the sense from conversations, from 123 00:07:05,920 --> 00:07:09,160 Speaker 1: the president's hug statements. I think that Democrats, you know, 124 00:07:09,240 --> 00:07:13,440 Speaker 1: are really eager to get this this aid to states specifically, 125 00:07:13,640 --> 00:07:17,000 Speaker 1: and a lot of especially big blue states like New York, 126 00:07:17,040 --> 00:07:22,160 Speaker 1: in Illinois and California, are facing dramatic budget shortfalls. Hulican 127 00:07:22,280 --> 00:07:25,960 Speaker 1: states aren't quite in the same position, although you know, 128 00:07:26,040 --> 00:07:29,360 Speaker 1: Governor Hogan of Maryland, a Republican, has said that that 129 00:07:29,480 --> 00:07:32,120 Speaker 1: they're they're fighting to that as well. But you're going 130 00:07:32,160 --> 00:07:33,760 Speaker 1: to see the President in the White House bring in 131 00:07:33,800 --> 00:07:37,360 Speaker 1: a lot of stuff, whether it is immunity for companies 132 00:07:37,440 --> 00:07:41,160 Speaker 1: that are starting to reopen, whether it is h new 133 00:07:41,280 --> 00:07:44,520 Speaker 1: restrictions on whether cities and states can can declare themselves 134 00:07:44,560 --> 00:07:48,720 Speaker 1: as sanctuary cities, whether it's expensing for American companies that 135 00:07:48,800 --> 00:07:53,080 Speaker 1: are are building new kind of manufacturing facilities back in 136 00:07:53,080 --> 00:07:56,640 Speaker 1: the United States, whether it's the payroll tax cut that 137 00:07:56,680 --> 00:07:59,200 Speaker 1: the President has been advocating for since the beginning of 138 00:07:59,280 --> 00:08:03,040 Speaker 1: this and has never really gained traction among Democrats, especially 139 00:08:03,120 --> 00:08:05,560 Speaker 1: those who point out it wouldn't benefit the you know, 140 00:08:05,680 --> 00:08:09,040 Speaker 1: millions of Americans who are now unemployed, and so you know, 141 00:08:09,120 --> 00:08:11,000 Speaker 1: there's this whole laundry list of things that the White 142 00:08:11,040 --> 00:08:13,520 Speaker 1: House wants, but they feel or at least you get 143 00:08:13,560 --> 00:08:16,320 Speaker 1: the sense that they feel that they can put that 144 00:08:17,280 --> 00:08:19,000 Speaker 1: a little bit on the back burner to try to 145 00:08:19,200 --> 00:08:22,080 Speaker 1: exert more confessions out of the Democrats. All right, So 146 00:08:22,440 --> 00:08:24,360 Speaker 1: in just a minute or so that we have have 147 00:08:24,520 --> 00:08:27,040 Speaker 1: left Justin sand Bloomberg, White House reporter and a great 148 00:08:27,040 --> 00:08:30,360 Speaker 1: guy because he's an Eagles fan. We should know that 149 00:08:30,520 --> 00:08:35,560 Speaker 1: there's some there's been some reports by JP Finley at 150 00:08:35,800 --> 00:08:38,800 Speaker 1: NBC d C. He covers the Redskins that the Eagles 151 00:08:38,840 --> 00:08:43,400 Speaker 1: are going to play the Redskins in week one, Week one. Justin, well, 152 00:08:43,520 --> 00:08:46,000 Speaker 1: let's certainly hope things are open open back up by then. 153 00:08:46,120 --> 00:08:49,360 Speaker 1: My real question is what is the difference at FedEx 154 00:08:49,400 --> 00:08:52,920 Speaker 1: Field between a normal game and a game with social distances? 155 00:08:53,000 --> 00:08:55,840 Speaker 1: Because because I went on in a DC market, I'm 156 00:08:55,960 --> 00:09:00,320 Speaker 1: being so incredibly polite to not I'm just to stop 157 00:09:00,360 --> 00:09:02,559 Speaker 1: talking and talks to how about you know what. Listen, 158 00:09:03,040 --> 00:09:04,760 Speaker 1: I gotta tell you my second favorite team in the 159 00:09:04,840 --> 00:09:07,120 Speaker 1: league is the Redskins. But you know I'm an Eagles 160 00:09:07,200 --> 00:09:10,320 Speaker 1: fan un till the day I die. Alright, justin great reporting, 161 00:09:10,320 --> 00:09:12,160 Speaker 1: Thanks for all of your great work. That's that's justin 162 00:09:12,200 --> 00:09:14,199 Speaker 1: st Bloomberg News, White House re Border coming up, we 163 00:09:14,360 --> 00:09:16,960 Speaker 1: break down all the way. That's on COVID nineteen. I'm 164 00:09:17,040 --> 00:09:20,360 Speaker 1: Kevin Curreli, chief Washington correspondent for Bloomberg TV and Radio. 165 00:09:20,440 --> 00:09:25,480 Speaker 1: And you're listening to Bloomberg. This is Bloomberg's Sound On 166 00:09:25,920 --> 00:09:30,240 Speaker 1: with Kevin Surreley on Bloomberg and one All five point 167 00:09:30,320 --> 00:09:34,480 Speaker 1: seven MHD two. I'm Kevin Cereli, chief Washington correspondent for 168 00:09:34,520 --> 00:09:37,559 Speaker 1: Bloomberg Television and for Bloomberg Radio. It's Togi Night for 169 00:09:37,679 --> 00:09:41,000 Speaker 1: Kevin's Togy Night. I'm getting Hogies after the show Italian 170 00:09:41,080 --> 00:09:43,679 Speaker 1: Store Best. I mean, I love, I love hoagies and 171 00:09:43,720 --> 00:09:46,160 Speaker 1: I haven't had one all all pandemics. So I said, 172 00:09:46,160 --> 00:09:47,360 Speaker 1: you know what, if I can't go home, if I 173 00:09:47,400 --> 00:09:50,960 Speaker 1: can't go to my uncle's, gotta find the next best thing. Uh, 174 00:09:51,200 --> 00:09:52,640 Speaker 1: joining us on the line. I don't know if they 175 00:09:52,679 --> 00:09:56,400 Speaker 1: have hogs in Paris? Do they? Ross Cullen, correspondent for 176 00:09:56,480 --> 00:10:00,440 Speaker 1: feature story News in Paris, Ross, can you get HOGI 177 00:10:00,480 --> 00:10:02,720 Speaker 1: in Paris? Or I guess in Italy you can get 178 00:10:02,760 --> 00:10:06,240 Speaker 1: an Italian HOGI can tell you, Kevin. One of the 179 00:10:06,320 --> 00:10:09,559 Speaker 1: best things about one of the bright sides about this 180 00:10:09,960 --> 00:10:12,839 Speaker 1: lockdown is that the boot lingeries, the bakeries here in 181 00:10:12,880 --> 00:10:14,680 Speaker 1: Paris have all been open. So we've had the best 182 00:10:14,800 --> 00:10:17,520 Speaker 1: bread for the past few weeks. Well, all right, you 183 00:10:17,640 --> 00:10:20,000 Speaker 1: know in d C. I see it all over the place. 184 00:10:20,040 --> 00:10:21,880 Speaker 1: A lot of people are big and bread. I'm like, 185 00:10:22,559 --> 00:10:24,360 Speaker 1: all right, I mean, if if that's what you want 186 00:10:24,400 --> 00:10:27,040 Speaker 1: to do, go ahead, get the yeast, get the flower, 187 00:10:27,480 --> 00:10:29,800 Speaker 1: whatever you do it. But I agree, Ross, you're in 188 00:10:29,840 --> 00:10:31,800 Speaker 1: a good spot. Get a crossoft for me. All right. 189 00:10:31,840 --> 00:10:34,079 Speaker 1: So the last time you were on the program, it 190 00:10:34,280 --> 00:10:36,719 Speaker 1: was pretty bad. I mean, you did great reporting, but 191 00:10:37,400 --> 00:10:39,240 Speaker 1: you know, I was right there with you, buddy. We 192 00:10:39,320 --> 00:10:42,000 Speaker 1: were in the they were locking us in shelter in place, 193 00:10:42,080 --> 00:10:43,840 Speaker 1: and it was just like we were we hadn't hit 194 00:10:43,920 --> 00:10:46,160 Speaker 1: the peak of the curve. We hadn't we hadn't hit 195 00:10:46,240 --> 00:10:48,600 Speaker 1: the top of the peak or whatever before the curve 196 00:10:48,640 --> 00:10:51,439 Speaker 1: flattened now, you guys are ahead of us. You're a 197 00:10:51,480 --> 00:10:54,160 Speaker 1: couple of weeks ahead of us. My understanding, based upon 198 00:10:54,240 --> 00:10:57,040 Speaker 1: the incredible reporting of people like yourself and my Bloomberg colleagues, 199 00:10:57,559 --> 00:11:00,360 Speaker 1: is that that things are starting to slow you pick 200 00:11:00,440 --> 00:11:02,880 Speaker 1: up again. What's the latest? How what's what's the latest 201 00:11:02,920 --> 00:11:06,920 Speaker 1: on the European front? Ross? That's right, they're starting to 202 00:11:07,000 --> 00:11:09,920 Speaker 1: pick up a little bit. We've had some announcements today 203 00:11:10,120 --> 00:11:13,520 Speaker 1: France the UK as well, both countries looking to the 204 00:11:13,600 --> 00:11:17,120 Speaker 1: eleventh of May this coming Monday, to start to ease 205 00:11:17,520 --> 00:11:21,400 Speaker 1: their restrictions. Frances actually divided the country into red and 206 00:11:21,600 --> 00:11:24,880 Speaker 1: green zones, two zones, and that depending on which zone 207 00:11:24,920 --> 00:11:28,040 Speaker 1: you live in, then that is how much your lockdown 208 00:11:28,160 --> 00:11:31,679 Speaker 1: is going to be eased. It really is a maximum 209 00:11:31,760 --> 00:11:34,600 Speaker 1: caution game though and doing things as slowly and as 210 00:11:34,679 --> 00:11:38,080 Speaker 1: carefully as possible. You really has been hit pretty badly, 211 00:11:38,640 --> 00:11:41,720 Speaker 1: with the UK as well now registering the largest number 212 00:11:41,760 --> 00:11:45,240 Speaker 1: of fatalities out of all those European countries. So what 213 00:11:45,440 --> 00:11:46,959 Speaker 1: is that? So what does that mean in terms of 214 00:11:47,040 --> 00:11:49,720 Speaker 1: the zone are are what types of stores are open? 215 00:11:49,840 --> 00:11:52,679 Speaker 1: What are some of the restrictions? This is very interesting 216 00:11:52,720 --> 00:11:55,560 Speaker 1: to an American audience because because we're you're about as 217 00:11:55,600 --> 00:11:57,679 Speaker 1: you mentioned, you're like a week ahead of us UM 218 00:11:57,920 --> 00:12:00,720 Speaker 1: and so states over here are starting to to reopen 219 00:12:01,040 --> 00:12:04,040 Speaker 1: gradually and whatnot. But what does it look like in Europe? 220 00:12:04,559 --> 00:12:07,160 Speaker 1: For Paris, for example, I mean when day do reopen, 221 00:12:07,240 --> 00:12:11,840 Speaker 1: what stores will reopen? Well, Paris is, as you might imagine, 222 00:12:12,200 --> 00:12:14,840 Speaker 1: one of the red zones where the virus is continuing 223 00:12:14,920 --> 00:12:19,080 Speaker 1: to circulate actively. There's an incredible pressure still on intensive 224 00:12:19,120 --> 00:12:21,960 Speaker 1: care units and emergency rooms as well, and that means 225 00:12:22,440 --> 00:12:25,040 Speaker 1: the opening of restaurants, bars and cafes is not on 226 00:12:25,080 --> 00:12:28,480 Speaker 1: the horizon at anytime soon. What it does mean if 227 00:12:28,520 --> 00:12:30,560 Speaker 1: you live in a Green zone, for example, the south 228 00:12:30,679 --> 00:12:32,959 Speaker 1: of the country, that means that in June you will 229 00:12:32,960 --> 00:12:35,520 Speaker 1: be able to open your restaurants. That means that from 230 00:12:35,559 --> 00:12:38,000 Speaker 1: this Monday, parks are going to open, as well as 231 00:12:38,160 --> 00:12:42,240 Speaker 1: all manner of different stores clothes stores, barbers, florists, etcetera. 232 00:12:43,080 --> 00:12:45,520 Speaker 1: But in Paris there's gonna be some tight restrictions and 233 00:12:45,600 --> 00:12:48,720 Speaker 1: it's going to be obligatory to where a face mask 234 00:12:48,880 --> 00:12:51,679 Speaker 1: if you're using public transport. So it sounds like it 235 00:12:51,760 --> 00:12:54,640 Speaker 1: sounds like the southern part of France is the equivalent 236 00:12:54,720 --> 00:12:58,800 Speaker 1: to some of the Heartland states and Southwest states in 237 00:12:58,840 --> 00:13:03,600 Speaker 1: the United States, right, I mean, is that what I'm hearing? Yeah, 238 00:13:03,679 --> 00:13:06,560 Speaker 1: I mean the number of cases there is often measured 239 00:13:06,640 --> 00:13:09,839 Speaker 1: by the just the region, but you have to say, 240 00:13:09,840 --> 00:13:11,199 Speaker 1: if you look at Paris, it is just by the 241 00:13:11,360 --> 00:13:15,360 Speaker 1: city because it's such an intense number of people who've 242 00:13:15,400 --> 00:13:18,120 Speaker 1: been testing positive or who have been taken to intensive 243 00:13:18,200 --> 00:13:21,240 Speaker 1: care in the cities in Paris and along the German border. 244 00:13:21,520 --> 00:13:24,800 Speaker 1: As you can imagine Europe, so many states all closely 245 00:13:25,200 --> 00:13:27,640 Speaker 1: packed together with the open borders as well, that those 246 00:13:27,800 --> 00:13:31,040 Speaker 1: frontier sections, Kevin, have really been badly hit. But down 247 00:13:31,120 --> 00:13:35,559 Speaker 1: south in the open countryside and the mountains where it's 248 00:13:35,720 --> 00:13:38,520 Speaker 1: less densely populated. In France, that's where they've got the 249 00:13:38,559 --> 00:13:43,120 Speaker 1: green zones and they are able to enter lockdown, exit lockdown, 250 00:13:43,320 --> 00:13:46,760 Speaker 1: or enter the easing period and more freely. Ross Colin 251 00:13:46,840 --> 00:13:49,760 Speaker 1: corresponded for Fusuer Story News. He's located in Paris. He's 252 00:13:49,800 --> 00:13:53,520 Speaker 1: really just been all over Europe throughout this pandemic engineering 253 00:13:53,559 --> 00:13:57,000 Speaker 1: incredible reporting. Ross. Can people still go country to country? 254 00:13:57,160 --> 00:13:58,920 Speaker 1: Is it pass right now or no? Is that? Is 255 00:13:59,000 --> 00:14:03,760 Speaker 1: that not possible? No, that's not possible, Kevin, unless you've 256 00:14:03,760 --> 00:14:07,440 Speaker 1: got an essential reason why you need to leave? Police 257 00:14:07,520 --> 00:14:10,240 Speaker 1: checking you at the airport. What's your essential reason you 258 00:14:10,320 --> 00:14:12,040 Speaker 1: need to be flying out of France? There are very 259 00:14:12,120 --> 00:14:14,800 Speaker 1: few flights. The borders are closed as well as to 260 00:14:15,040 --> 00:14:18,920 Speaker 1: until at least June. It really has been. It really 261 00:14:18,960 --> 00:14:21,720 Speaker 1: has been surreal, particularly in Paris. It's we're talking about 262 00:14:21,760 --> 00:14:25,160 Speaker 1: the most visited country in the world, France, and Paris 263 00:14:25,280 --> 00:14:27,240 Speaker 1: one of the top destinations, not in Europe but in 264 00:14:27,320 --> 00:14:31,640 Speaker 1: the world for visitors. Just empty the Loop, the world's 265 00:14:31,680 --> 00:14:34,320 Speaker 1: most famous, the biggest museum. I was in a taxi 266 00:14:34,320 --> 00:14:36,640 Speaker 1: the other day and there's a police roadblock set up 267 00:14:36,680 --> 00:14:39,880 Speaker 1: outside the Loop checking motorists. Why are you out and about? 268 00:14:40,160 --> 00:14:42,040 Speaker 1: Do you have an essential reason to be out about? 269 00:14:42,320 --> 00:14:44,720 Speaker 1: And just devoid of tourists. It really has been this. 270 00:14:46,240 --> 00:14:48,240 Speaker 1: It is that. I mean, can you guys got to run? 271 00:14:48,680 --> 00:14:51,760 Speaker 1: Can you go to walk or now? Yeah, you can 272 00:14:51,760 --> 00:14:53,880 Speaker 1: go on and run as long as it is no 273 00:14:54,000 --> 00:14:58,080 Speaker 1: more than a thousand meters from your house. Wow, okay, 274 00:14:58,120 --> 00:15:00,760 Speaker 1: so here in do you see here? D see? I mean, 275 00:15:01,000 --> 00:15:02,800 Speaker 1: you know it is it's it's weird to go to 276 00:15:02,840 --> 00:15:05,080 Speaker 1: the new I'm fortunate enough to be able to run 277 00:15:05,120 --> 00:15:07,480 Speaker 1: the National Mall. It's one of my favorite places to runner, 278 00:15:07,560 --> 00:15:09,400 Speaker 1: or even the trails over here, but it is it's 279 00:15:09,520 --> 00:15:11,560 Speaker 1: very hearing you say the Louver and you know the 280 00:15:11,640 --> 00:15:14,080 Speaker 1: Eiffel Tower and all of these iconic places. It's it's 281 00:15:14,360 --> 00:15:16,520 Speaker 1: sometimes I think we forget that all of these places 282 00:15:16,560 --> 00:15:19,720 Speaker 1: are still very much shut down. Quickly, um, Italy, what's 283 00:15:19,760 --> 00:15:21,360 Speaker 1: going on with Italy? I know you had spent some 284 00:15:21,440 --> 00:15:23,640 Speaker 1: time early in the pandemic there before you got out 285 00:15:24,200 --> 00:15:27,320 Speaker 1: because of the situation, But how are the Italians coping? 286 00:15:27,400 --> 00:15:30,400 Speaker 1: Are they moving to zones like France or are they 287 00:15:31,160 --> 00:15:35,800 Speaker 1: still hunkered down? They started to open gradually. We were 288 00:15:35,880 --> 00:15:38,840 Speaker 1: they're reporting at the start of the pandemic, and parks 289 00:15:38,880 --> 00:15:42,360 Speaker 1: have now reopened and the site to see children and 290 00:15:42,600 --> 00:15:46,320 Speaker 1: dogs as well just exercising. People are out, families really 291 00:15:46,400 --> 00:15:49,440 Speaker 1: taking advantage of the fresh air, the spring sunshine because 292 00:15:49,480 --> 00:15:53,160 Speaker 1: they have been forced to stay indoors. All exercise, Kevini saying, 293 00:15:53,240 --> 00:15:55,600 Speaker 1: running in the National Mall, all exercise in Spain and 294 00:15:56,080 --> 00:15:58,720 Speaker 1: Italy during this lockdown has had to be taking place 295 00:15:58,840 --> 00:16:03,000 Speaker 1: inside your home. Wow, wow, remarkable and and what are 296 00:16:03,040 --> 00:16:06,920 Speaker 1: you hearing? And honestly, uh, can you stay for one 297 00:16:07,000 --> 00:16:08,360 Speaker 1: over the over the break or now because I have 298 00:16:08,400 --> 00:16:12,600 Speaker 1: a couple more questions for you. Is that okay, yeah, okay, 299 00:16:12,840 --> 00:16:14,560 Speaker 1: let me let me stay with the conditions then for 300 00:16:14,720 --> 00:16:17,600 Speaker 1: right now, we've got about a minute left for this block. Um, 301 00:16:17,920 --> 00:16:21,600 Speaker 1: what are you hearing Ross Cullen about how how the 302 00:16:21,880 --> 00:16:25,640 Speaker 1: Italians in particular what what specifically is starting to open 303 00:16:25,720 --> 00:16:30,760 Speaker 1: up in Italy. They have started to open stores such 304 00:16:30,800 --> 00:16:35,840 Speaker 1: as some closed stores for children, stationers and bookstores as well. 305 00:16:36,160 --> 00:16:38,520 Speaker 1: But there are restrictions. If you're going into a store, 306 00:16:38,880 --> 00:16:41,960 Speaker 1: you have to stay socially distant. There are markings on 307 00:16:42,040 --> 00:16:44,280 Speaker 1: the floor to make sure that customers don't cross paths 308 00:16:44,360 --> 00:16:47,000 Speaker 1: with one another. And if you're queuing outside to get 309 00:16:47,040 --> 00:16:48,720 Speaker 1: into that store, of course you have to stay six 310 00:16:48,800 --> 00:16:51,280 Speaker 1: ft So the restrictions are still in place, but some 311 00:16:51,480 --> 00:16:53,920 Speaker 1: stores are starting to open up and restaurants in this 312 00:16:54,080 --> 00:16:56,800 Speaker 1: lee are now available as well for takeaway. All right, 313 00:16:56,880 --> 00:16:58,440 Speaker 1: rass cart, stay on the line, because coming up, we're 314 00:16:58,440 --> 00:17:00,680 Speaker 1: gonna ask you how the Europeans are responed into China 315 00:17:01,080 --> 00:17:03,360 Speaker 1: and what's going on with the European response to China. 316 00:17:03,440 --> 00:17:06,800 Speaker 1: I'm Kevin Sireli Cheap Washington correspondence for Bloomberg Television and 317 00:17:06,920 --> 00:17:21,679 Speaker 1: for Bloomberg Radio, and you're listening to Bloomberg record it's 318 00:17:21,680 --> 00:17:24,120 Speaker 1: set this year, but it's no longer down for the year. 319 00:17:24,760 --> 00:17:27,920 Speaker 1: It closed up a hundred twenty five points today, a 320 00:17:28,000 --> 00:17:31,880 Speaker 1: few points above where it started did now gained two 321 00:17:31,960 --> 00:17:35,480 Speaker 1: hundred and eleven points to finish at twenty three seventy six. 322 00:17:35,600 --> 00:17:39,480 Speaker 1: The S and P added thirty three points. People on Lockdown, Well, 323 00:17:39,920 --> 00:17:42,920 Speaker 1: you're spending more quality time with your TVs and video 324 00:17:43,040 --> 00:17:47,240 Speaker 1: games via com. CBS reported record subscriber growth for its 325 00:17:47,280 --> 00:17:52,600 Speaker 1: CBS All Access and Showtime streaming services. Nintendo sold more 326 00:17:52,640 --> 00:17:55,960 Speaker 1: of its switched consoles during the same quarter than even 327 00:17:56,119 --> 00:18:00,119 Speaker 1: it expected. Bloomberg Sound On with Kevin Cirelli continues, I, 328 00:18:00,320 --> 00:18:03,760 Speaker 1: Nancy Lions, this is Bloomberg and one oh five point 329 00:18:03,840 --> 00:18:07,919 Speaker 1: seven f m h D two. You're listening to Bloomberg. 330 00:18:08,040 --> 00:18:12,119 Speaker 1: Sound On with Kevin Surreley on Bloomberg and one or 331 00:18:12,200 --> 00:18:16,239 Speaker 1: five point seven F m h D two. Kevin si 332 00:18:16,240 --> 00:18:18,879 Speaker 1: REALI too, Washington, correspondent for Bloomberg TV and Radio. Earlier, 333 00:18:18,960 --> 00:18:21,800 Speaker 1: we were talking with Ross Cullen about how the Europeans 334 00:18:21,880 --> 00:18:25,440 Speaker 1: are handling reopening the economy. They're about a week ahead 335 00:18:25,440 --> 00:18:27,919 Speaker 1: of US. Folks, and Ross is still on the line. 336 00:18:28,359 --> 00:18:32,399 Speaker 1: Ross is correspondent for Future Story News. He's based in Paris. 337 00:18:32,640 --> 00:18:36,280 Speaker 1: Right now, Ross, what is the European response been to China? 338 00:18:36,400 --> 00:18:38,919 Speaker 1: Are there's uh? Do they got questions for for shi 339 00:18:39,040 --> 00:18:43,120 Speaker 1: jing Ping? They do have questions for shi jing Ping. 340 00:18:43,359 --> 00:18:49,040 Speaker 1: And they had written a report to mark the diplomatic 341 00:18:49,119 --> 00:18:52,280 Speaker 1: relations between the EU and China the fort anniversary. But 342 00:18:52,359 --> 00:18:54,080 Speaker 1: it was a sentence in that report that was due 343 00:18:54,080 --> 00:18:57,439 Speaker 1: to be published Kevin that remarks them China's what they 344 00:18:57,520 --> 00:19:01,119 Speaker 1: called the called global disinformation campaign pressure from Beijing, and 345 00:19:01,160 --> 00:19:03,840 Speaker 1: that sentence was removed from the report. So there are 346 00:19:04,000 --> 00:19:07,320 Speaker 1: some reports here in Europe where where where? Where? Where 347 00:19:07,400 --> 00:19:11,000 Speaker 1: the last color I gotta interrupt? It was removed from 348 00:19:11,080 --> 00:19:15,080 Speaker 1: the report by who? Who? Who deleted it? Either China 349 00:19:15,160 --> 00:19:18,840 Speaker 1: has If you're Europe Europe, either you think China has 350 00:19:18,920 --> 00:19:22,000 Speaker 1: a disinformation campaign or it doesn't. What is it? What 351 00:19:22,240 --> 00:19:26,240 Speaker 1: is it? Ross the well the EU. The EU didn't 352 00:19:26,240 --> 00:19:30,200 Speaker 1: remove the remark from its report, but notably quite a 353 00:19:30,240 --> 00:19:34,520 Speaker 1: few other countries France, Lithuania, EU members did actually publish 354 00:19:34,600 --> 00:19:37,920 Speaker 1: links to the original report, showing that they are still 355 00:19:38,000 --> 00:19:41,560 Speaker 1: concerned about what they see as a possible disinformation campaign. 356 00:19:41,800 --> 00:19:43,679 Speaker 1: But on the other hand, they do want to preserve 357 00:19:43,800 --> 00:19:49,040 Speaker 1: their free, full trading relationship and their diplomatic relationship with China. 358 00:19:49,080 --> 00:19:51,320 Speaker 1: There's actually a summit still want to be taking place 359 00:19:51,400 --> 00:19:54,639 Speaker 1: in Germany later this year, Kevin Wow a summit on 360 00:19:54,800 --> 00:19:57,359 Speaker 1: what a summit on China? Or is China going to 361 00:19:57,440 --> 00:20:00,680 Speaker 1: attend or what? Yeah, pred than she is meant to 362 00:20:00,720 --> 00:20:03,840 Speaker 1: be attending in Germany, meeting with other EU leaders talking 363 00:20:03,880 --> 00:20:06,560 Speaker 1: about those relations and no doubt because there will be 364 00:20:06,640 --> 00:20:08,560 Speaker 1: the end of the summer as well, of course, such 365 00:20:08,680 --> 00:20:12,560 Speaker 1: an important significant year in many ways for that relationship, 366 00:20:13,480 --> 00:20:17,440 Speaker 1: that the this possible disinformation campaign that was in the 367 00:20:17,480 --> 00:20:19,680 Speaker 1: report then taken out, that would be discussed for sure. 368 00:20:19,720 --> 00:20:22,359 Speaker 1: What about the Italians? How do the Italians feel about 369 00:20:22,440 --> 00:20:28,520 Speaker 1: about the way China has handled this? Were they received gratefully? 370 00:20:28,600 --> 00:20:31,280 Speaker 1: I mean, when China started to get over the peak 371 00:20:31,320 --> 00:20:34,480 Speaker 1: of its problem and it was able to start offering 372 00:20:34,560 --> 00:20:37,560 Speaker 1: some of its services, some of its personal protective equipment, 373 00:20:38,240 --> 00:20:42,399 Speaker 1: for example, sending masks and gowns to Italy, gratefully receiving 374 00:20:42,440 --> 00:20:45,320 Speaker 1: those Chinese deliveries into Italy to help them combat that 375 00:20:45,400 --> 00:20:49,520 Speaker 1: the virus. China was quite keen to wanted, got gotta 376 00:20:49,560 --> 00:20:51,760 Speaker 1: handle on the problem, be able to share some of 377 00:20:51,840 --> 00:20:58,919 Speaker 1: his expertise, and countries like Italy willingly accepted accepted that bid. Interesting, okay? 378 00:20:59,000 --> 00:21:02,080 Speaker 1: And then Germany you meant in Germans, I mean Merkel 379 00:21:02,200 --> 00:21:05,200 Speaker 1: has just been, you know, doing the whole five G 380 00:21:05,440 --> 00:21:07,720 Speaker 1: thing for lack of a better word, was Sijing Ping. 381 00:21:08,359 --> 00:21:11,199 Speaker 1: How's that? I mean, how's do you anticipate? I mean 382 00:21:11,480 --> 00:21:13,439 Speaker 1: it sounds like it's mixed. I mean, That's what I'm 383 00:21:13,480 --> 00:21:15,320 Speaker 1: hearing from you Ross is that this is mixed. That 384 00:21:15,400 --> 00:21:19,480 Speaker 1: the Europeans have a very mixed reaction to to what 385 00:21:19,680 --> 00:21:23,040 Speaker 1: China has done. Sub countries are are deeply, deeply skeptical 386 00:21:23,119 --> 00:21:26,159 Speaker 1: as the United States is uh and other countries are 387 00:21:26,320 --> 00:21:29,040 Speaker 1: are trying to continue it sounds like they're putting business 388 00:21:29,080 --> 00:21:33,000 Speaker 1: over national security there. I say, well, yeah, so if 389 00:21:33,040 --> 00:21:36,680 Speaker 1: you look at the US versus the Europe on this, 390 00:21:37,000 --> 00:21:40,560 Speaker 1: so when it comes to for example, the Trump administration 391 00:21:40,600 --> 00:21:43,720 Speaker 1: has definitely been more confrontational towards China than Europe has 392 00:21:44,000 --> 00:21:47,680 Speaker 1: when it comes to five G. The Trump administration, again, 393 00:21:47,720 --> 00:21:50,000 Speaker 1: we heard from Mike Pompeio a lot about that around 394 00:21:50,040 --> 00:21:52,760 Speaker 1: that time, speaking Deviorce Johnson, the UK Prime Minister, more 395 00:21:52,840 --> 00:21:56,480 Speaker 1: confrontational when it comes to Huawei, but France and Germany 396 00:21:56,520 --> 00:21:58,520 Speaker 1: the UK saying that if Huawei is going to be 397 00:21:58,600 --> 00:22:01,440 Speaker 1: involved in folding some of these by gene networks, it 398 00:22:01,600 --> 00:22:04,560 Speaker 1: won't be at the risk of national security. They are 399 00:22:04,640 --> 00:22:07,320 Speaker 1: saying that it is possible to keep well away out 400 00:22:07,400 --> 00:22:12,479 Speaker 1: from its network getting involved near military basis or areas 401 00:22:12,520 --> 00:22:16,240 Speaker 1: that are particular particular national sensitivity. So the Europeans are 402 00:22:16,280 --> 00:22:19,359 Speaker 1: definitely treading a final line and maybe more receptive to 403 00:22:19,520 --> 00:22:23,560 Speaker 1: overtures from China than the US is. It's remarkable. I 404 00:22:23,600 --> 00:22:25,080 Speaker 1: could do a whole show on that. All right, thank 405 00:22:25,119 --> 00:22:26,920 Speaker 1: you so much. Ross, come back on anytime you want. 406 00:22:27,000 --> 00:22:30,200 Speaker 1: Ross Colin, correspondent for Future Story News based in Paris. 407 00:22:30,720 --> 00:22:34,240 Speaker 1: Walking through all of that, pivoting now to UH, this 408 00:22:34,440 --> 00:22:37,200 Speaker 1: is the race continues to heatop speaking of China ones, 409 00:22:37,280 --> 00:22:40,520 Speaker 1: Joe Biden and releases China plan. Adam Hodge, Senior vice 410 00:22:40,560 --> 00:22:44,400 Speaker 1: president at Aerial Investments UH and former UH. He previously 411 00:22:44,480 --> 00:22:47,919 Speaker 1: worked at the Treasury Department in the Obama administration. Adam, 412 00:22:48,200 --> 00:22:50,760 Speaker 1: thank you so much for joining us. Let's talk about 413 00:22:50,840 --> 00:22:54,280 Speaker 1: Joe Biden's presidential campaign. This is going to be an 414 00:22:54,400 --> 00:23:01,000 Speaker 1: economic an economic election. How is the Biden campaign recalibrating 415 00:23:01,160 --> 00:23:04,760 Speaker 1: for that, um and what are they doing for that 416 00:23:05,080 --> 00:23:06,720 Speaker 1: so that when they we get to the fourth quarter 417 00:23:06,760 --> 00:23:09,560 Speaker 1: ahead of election day. Uh, you know it's going to 418 00:23:09,640 --> 00:23:13,440 Speaker 1: be an economic election, Adam, it absolutely is that. Kevin, 419 00:23:13,480 --> 00:23:15,800 Speaker 1: first of all, great, me back with you and hope 420 00:23:16,000 --> 00:23:21,080 Speaker 1: you and the family are all. I think the big 421 00:23:21,200 --> 00:23:24,680 Speaker 1: focus for the Biden campaign is to offer a clear 422 00:23:24,760 --> 00:23:30,000 Speaker 1: alternative to to the White House and to Trump, and 423 00:23:30,080 --> 00:23:32,320 Speaker 1: to go big. I think they have to realize that 424 00:23:32,480 --> 00:23:35,119 Speaker 1: the moment that we're in, thirty three million Americans we 425 00:23:35,200 --> 00:23:38,920 Speaker 1: now have have now filed for unemployment on the unemployment 426 00:23:38,960 --> 00:23:40,880 Speaker 1: report tomorrow is going to be one of the worst 427 00:23:40,920 --> 00:23:43,600 Speaker 1: we've ever seen. Likely it's not the worst we've ever seen, 428 00:23:44,400 --> 00:23:50,640 Speaker 1: and recognize and solving the both economic and health challenges 429 00:23:50,680 --> 00:23:53,600 Speaker 1: that we face is going to require a total revamp 430 00:23:53,840 --> 00:23:57,440 Speaker 1: of the playbook. And if, uh, if the Biden campaign 431 00:23:57,800 --> 00:23:59,240 Speaker 1: is smart, and they've got a lot of smart people 432 00:23:59,359 --> 00:24:03,280 Speaker 1: on that team, it's a lot of experience. Everything I've 433 00:24:03,320 --> 00:24:05,800 Speaker 1: heard from inside of the campaign, they are already thinking 434 00:24:05,800 --> 00:24:07,720 Speaker 1: how can they go big? How can they really look 435 00:24:07,760 --> 00:24:10,880 Speaker 1: at crafting and wheel package that offers a clear contrast, 436 00:24:11,280 --> 00:24:15,280 Speaker 1: but also can can give Democrats who are running for 437 00:24:15,440 --> 00:24:18,080 Speaker 1: for Congress and running for from the Senate something also 438 00:24:18,160 --> 00:24:22,200 Speaker 1: that's rally behind, so they can march and then campaign 439 00:24:22,280 --> 00:24:25,600 Speaker 1: and then govern on real solutions that they think will 440 00:24:25,640 --> 00:24:29,800 Speaker 1: help the American people. You mentioned the economic report tomorrow 441 00:24:29,880 --> 00:24:32,200 Speaker 1: that's going to come up. Uh and and even just 442 00:24:32,359 --> 00:24:35,200 Speaker 1: to read from Bloomberg, the Bloomberg Terminal for a second 443 00:24:35,240 --> 00:24:38,280 Speaker 1: read Pickers reporting the number of Americans filing for unemployment 444 00:24:38,359 --> 00:24:43,040 Speaker 1: benefits top three million for a seventh straight week, which signals, 445 00:24:43,080 --> 00:24:45,680 Speaker 1: of course, little relief in sight for the economy since 446 00:24:45,680 --> 00:24:50,000 Speaker 1: the Corona virus began closing the economy. So you hear that, 447 00:24:50,160 --> 00:24:53,000 Speaker 1: just the unemployment numbers. And it's it's tough. I mean, 448 00:24:53,280 --> 00:24:54,880 Speaker 1: you know, we lead the story today with the general 449 00:24:54,960 --> 00:24:58,080 Speaker 1: Flynn news, but it's tough for for Biden world to 450 00:24:58,119 --> 00:25:00,680 Speaker 1: break through. It really is. I mean, and I say that, 451 00:25:01,359 --> 00:25:04,320 Speaker 1: you know, respective fully, because most Americans right now have 452 00:25:04,520 --> 00:25:08,159 Speaker 1: a lot more pressing issues than to deal with the 453 00:25:08,440 --> 00:25:14,000 Speaker 1: typical Republican Democrat back and forth banter. That is, that 454 00:25:14,160 --> 00:25:16,480 Speaker 1: is true. I think the one thing that I think 455 00:25:16,520 --> 00:25:19,320 Speaker 1: gets lost in the mixes, but Biden is actually um 456 00:25:20,320 --> 00:25:24,000 Speaker 1: practicing the writer leadership that I think you'd want him. 457 00:25:24,040 --> 00:25:27,600 Speaker 1: He is being socially distant. There are restrictions in states 458 00:25:27,640 --> 00:25:31,240 Speaker 1: where he can't I mean legally cannot go travel to 459 00:25:31,600 --> 00:25:35,280 Speaker 1: do events and and um. And the president certainly has 460 00:25:35,359 --> 00:25:39,239 Speaker 1: the bully pulpit of and the assets of being uh 461 00:25:39,800 --> 00:25:42,080 Speaker 1: being in the White House. That being said, what you've 462 00:25:42,200 --> 00:25:45,359 Speaker 1: you've seen biden lead actually expand in a number of 463 00:25:45,680 --> 00:25:49,080 Speaker 1: the polls, not just national polls, that state state polls 464 00:25:49,119 --> 00:25:51,560 Speaker 1: and some of the polls that were the uh, you know, 465 00:25:51,680 --> 00:25:54,280 Speaker 1: the electoral College it's going to decide who the next 466 00:25:54,359 --> 00:25:58,280 Speaker 1: president is. So um, they will likely be time and 467 00:25:58,600 --> 00:26:01,280 Speaker 1: we're still early. It's not even juniet. We've got six 468 00:26:01,320 --> 00:26:04,560 Speaker 1: months little lessan six months ago for Biden to make 469 00:26:04,720 --> 00:26:08,320 Speaker 1: his his case and and find new and innovative ways 470 00:26:08,400 --> 00:26:11,320 Speaker 1: to reach the American people. We've never done this before. 471 00:26:11,600 --> 00:26:14,520 Speaker 1: We've never you know, campaigns for president been a pandemic 472 00:26:14,600 --> 00:26:18,520 Speaker 1: with this type of media environment. And so they have 473 00:26:18,680 --> 00:26:21,720 Speaker 1: to be I think strategic and smart and aggressive in 474 00:26:21,800 --> 00:26:25,000 Speaker 1: bold about how they look to reach reach people because 475 00:26:25,040 --> 00:26:26,879 Speaker 1: it's going to be like anything we've ever seen before. 476 00:26:27,000 --> 00:26:29,120 Speaker 1: Adam Hodge, when you were at the Treasury Department. You've 477 00:26:29,119 --> 00:26:31,280 Speaker 1: worked at Treasury, you know what they're dealing I mean, 478 00:26:31,320 --> 00:26:32,960 Speaker 1: you don't know what they're dealing with in terms of 479 00:26:33,040 --> 00:26:35,000 Speaker 1: COVID nineteen, but you know how the inner workings of 480 00:26:35,000 --> 00:26:38,080 Speaker 1: the Treasury Department are. And night and we've got ninety 481 00:26:38,160 --> 00:26:41,240 Speaker 1: seconds left. But what would a what would a Biden 482 00:26:41,320 --> 00:26:47,240 Speaker 1: Treasury Department have to do? Uh? If if Biden becomes president, 483 00:26:47,359 --> 00:26:49,919 Speaker 1: what would be what would they do first? I mean, 484 00:26:50,000 --> 00:26:53,080 Speaker 1: I know you're not right. I one of the first 485 00:26:53,080 --> 00:26:55,639 Speaker 1: thing that they probably will look at doing, it's just 486 00:26:55,720 --> 00:27:00,479 Speaker 1: increasing transparency in sunlight into the different programs the Treasury 487 00:27:00,480 --> 00:27:03,480 Speaker 1: Department is managing and showing where the money is going. 488 00:27:04,119 --> 00:27:06,800 Speaker 1: If you look at Biden's record as Vice President when 489 00:27:06,840 --> 00:27:10,480 Speaker 1: he oversaw the um stimulus Plan, I mean there was 490 00:27:10,520 --> 00:27:14,040 Speaker 1: a huge oversighting accountability aspect of that, where they showed 491 00:27:14,040 --> 00:27:16,720 Speaker 1: the American people where every dollar was spent. And so 492 00:27:16,840 --> 00:27:20,600 Speaker 1: I think part of the mandate for the next Secretary 493 00:27:20,640 --> 00:27:22,840 Speaker 1: of the Treasury, if Biden is like the president, will 494 00:27:22,920 --> 00:27:26,719 Speaker 1: be too. So it's a look to give the American 495 00:27:26,760 --> 00:27:31,000 Speaker 1: people some some comfort that there's no corrupt intent with 496 00:27:31,080 --> 00:27:33,159 Speaker 1: any of the funds that are being used and then 497 00:27:33,240 --> 00:27:39,520 Speaker 1: look for uh, really robust and unprecedented economic recovery package 498 00:27:39,640 --> 00:27:42,280 Speaker 1: because I think as the case, you still keep going up. 499 00:27:42,359 --> 00:27:45,640 Speaker 1: We know that death is still still increasing. Um, We've 500 00:27:45,680 --> 00:27:47,600 Speaker 1: got a long way to go on this crisis, and 501 00:27:47,640 --> 00:27:50,440 Speaker 1: it's going to require a response that meets the moment. 502 00:27:51,080 --> 00:27:55,200 Speaker 1: You still in d C. Yeah, because you know I'm 503 00:27:55,200 --> 00:27:57,880 Speaker 1: getting a hog after the break. Where's the best place 504 00:27:57,920 --> 00:28:01,240 Speaker 1: to get a HOGI and d C out of Mangia 505 00:28:01,359 --> 00:28:05,640 Speaker 1: Lardos on Capitol Hill on Pemplvania Avenue is fantastic. Get 506 00:28:05,720 --> 00:28:11,679 Speaker 1: them all right? All right? Thanks? Adam Hodge, Senior Vice 507 00:28:11,720 --> 00:28:15,440 Speaker 1: President and Aerial Investments. I'm Kevin Sireli, Chief HOGI shopper 508 00:28:15,520 --> 00:28:21,600 Speaker 1: eater in chief. You're listening to Bloomberg. You're listening to Bloomberg. 509 00:28:21,720 --> 00:28:25,840 Speaker 1: Sound On with Kevin Sirel on Bloomberg and one Old 510 00:28:25,920 --> 00:28:29,200 Speaker 1: five point seven F M H D two. I'm Kevin Sireli, 511 00:28:29,359 --> 00:28:33,040 Speaker 1: Chief Washington correspondent from Bloomberg Forward, Bloomberg Television and for 512 00:28:33,160 --> 00:28:38,400 Speaker 1: Bloomberg Radio. Finally the weather cleared. Who I mean, come on, 513 00:28:38,600 --> 00:28:42,240 Speaker 1: we gotta keep the weather. It's a little bit nice, busy, 514 00:28:42,280 --> 00:28:45,800 Speaker 1: busy week for news Tomorrow, we have House Financial Services 515 00:28:45,800 --> 00:28:49,560 Speaker 1: Committee Chairwoman Vaccine Waters. We're gonna have Maxine Waters, Democrat 516 00:28:49,640 --> 00:28:53,280 Speaker 1: in California. Lots to talk about with her. I want 517 00:28:53,320 --> 00:28:54,960 Speaker 1: to get her take on housing because you know the 518 00:28:55,000 --> 00:28:58,640 Speaker 1: whole housing issue with the mortgage a mortgage finance, and 519 00:28:59,360 --> 00:29:01,320 Speaker 1: you know every thing that Mark Collabora is doing. I 520 00:29:01,360 --> 00:29:03,360 Speaker 1: want to know what what what she thinks about that, 521 00:29:03,480 --> 00:29:06,600 Speaker 1: both for low income earners and for high income earners. 522 00:29:06,640 --> 00:29:09,720 Speaker 1: And we're also gonna have Mauricio Umansky on the show 523 00:29:10,040 --> 00:29:12,880 Speaker 1: of the Agency r E. He is one of the 524 00:29:12,960 --> 00:29:15,440 Speaker 1: top real estate one of the top real estate firms 525 00:29:15,440 --> 00:29:18,160 Speaker 1: in the country. We're thrilled to have Mauricio call in. 526 00:29:18,480 --> 00:29:21,200 Speaker 1: So we're gonna focus on some housing tomorrow and yes, 527 00:29:21,360 --> 00:29:24,360 Speaker 1: sports as well. Joining us on the line, I believe 528 00:29:25,160 --> 00:29:29,440 Speaker 1: is Adam Goodman. Adam arey there here, You're here. Adam 529 00:29:29,480 --> 00:29:31,320 Speaker 1: Goodman back on the line, back on the show. We're 530 00:29:31,360 --> 00:29:33,520 Speaker 1: thilled to have him back. He's a Republican media strategist, 531 00:29:33,600 --> 00:29:36,920 Speaker 1: columnist and partner at Ballard Partners in Washington, d C. 532 00:29:37,280 --> 00:29:41,320 Speaker 1: You wrote this incredible, incredible. I mean I mentioned this 533 00:29:41,640 --> 00:29:45,120 Speaker 1: on um a meeting, a show meeting that we had 534 00:29:45,160 --> 00:29:47,840 Speaker 1: earlier this week. I was like, if we switch to 535 00:29:48,000 --> 00:29:51,240 Speaker 1: mail in voting, could we be back in Florida with 536 00:29:51,360 --> 00:29:54,120 Speaker 1: hanging Chad's And you wrote this column called the two 537 00:29:54,240 --> 00:29:58,200 Speaker 1: thousand recount only worse and it's on real clear politics. 538 00:29:58,760 --> 00:30:01,640 Speaker 1: Later this year, a mayor Amerricans, you write, may face 539 00:30:01,800 --> 00:30:05,200 Speaker 1: a nightmare scenario from which there will be no escape 540 00:30:05,360 --> 00:30:08,320 Speaker 1: or recourse. And this has nothing to do with any virus. 541 00:30:08,400 --> 00:30:11,640 Speaker 1: It has to do with how elections are conducted in 542 00:30:11,760 --> 00:30:17,000 Speaker 1: the United States. Tell us what your concern is. Go well, 543 00:30:17,480 --> 00:30:19,640 Speaker 1: I can tell you, Kevin, as a veteran of the 544 00:30:19,760 --> 00:30:24,080 Speaker 1: two thousand recount, having been there for the thirty odd 545 00:30:24,160 --> 00:30:26,960 Speaker 1: days where we are trying to figure out who actually 546 00:30:27,080 --> 00:30:29,280 Speaker 1: did win Florida, we still don't know. I mean to 547 00:30:29,320 --> 00:30:33,120 Speaker 1: be truthful. The final count was popular and thirty seven votes. 548 00:30:33,200 --> 00:30:35,920 Speaker 1: It was a very good shot at what we think happened. 549 00:30:36,320 --> 00:30:39,280 Speaker 1: But with I think it was like seventeen million or 550 00:30:39,320 --> 00:30:42,240 Speaker 1: sixty million votes that were cast. That was the best 551 00:30:42,400 --> 00:30:46,360 Speaker 1: educated guests we had. But that was frankly, Kevin, that 552 00:30:46,560 --> 00:30:49,479 Speaker 1: was a like a practice run compared to what we're 553 00:30:49,520 --> 00:30:52,959 Speaker 1: about to see I think in the fall election, especially 554 00:30:53,000 --> 00:30:56,760 Speaker 1: if it's close, because uh in Florida The problem was 555 00:30:56,880 --> 00:31:01,040 Speaker 1: you had sixty seven different election supervio. There's sixty seven 556 00:31:01,080 --> 00:31:04,920 Speaker 1: different systems trying to figure out who won with butterfly 557 00:31:06,000 --> 00:31:09,360 Speaker 1: ballots and hanging Chad's leading, everyone hanging in the balants. 558 00:31:09,640 --> 00:31:12,760 Speaker 1: But if you have across the country, and especially in 559 00:31:12,840 --> 00:31:17,400 Speaker 1: critical swing states, if you have massive voting by mail, 560 00:31:17,440 --> 00:31:21,000 Speaker 1: which looks like it's very probable, uh, and this will 561 00:31:21,040 --> 00:31:23,200 Speaker 1: be done for the first time in many of these states. 562 00:31:23,240 --> 00:31:26,760 Speaker 1: At that level, you're gonna have all sorts of mistakes, 563 00:31:27,160 --> 00:31:29,800 Speaker 1: all sorts of problems. And if it's closed, you know 564 00:31:29,880 --> 00:31:33,480 Speaker 1: what's gonna happen. Uh. The side that's trailing is gonna 565 00:31:33,520 --> 00:31:36,200 Speaker 1: screen bloody murder. The side that the head will be 566 00:31:36,680 --> 00:31:39,800 Speaker 1: trying to say it's over and trying to declare victory. 567 00:31:40,240 --> 00:31:42,600 Speaker 1: But the ones that are gonna be gonna be more 568 00:31:42,800 --> 00:31:44,920 Speaker 1: important than ever. And we saw this a little bit 569 00:31:45,000 --> 00:31:47,880 Speaker 1: in Florida that the cases you know, ended up in 570 00:31:47,920 --> 00:31:50,680 Speaker 1: the U. S. Supreme Court, it's gonna be state supreme 571 00:31:50,760 --> 00:31:54,560 Speaker 1: courts in places like Pennsylvania and Wisconsin and North Carolina. 572 00:31:55,440 --> 00:31:59,320 Speaker 1: Who could hold the balance of power and who wins 573 00:31:59,360 --> 00:32:02,160 Speaker 1: and who doesn't. And there are a lot of politics, 574 00:32:02,360 --> 00:32:06,080 Speaker 1: as you can appreciate in all those courts. This is 575 00:32:06,200 --> 00:32:08,880 Speaker 1: just fascinating to me because Adam Gidman's on the line. 576 00:32:08,920 --> 00:32:11,560 Speaker 1: He's one of the nation's best known media consultants for political, 577 00:32:11,600 --> 00:32:15,160 Speaker 1: corporate and advocacy campaigns, and we're thrilled and very grateful 578 00:32:15,240 --> 00:32:18,920 Speaker 1: to have him on our program because of his deep expertise. 579 00:32:19,200 --> 00:32:21,280 Speaker 1: But this is just fascinating to me because when I 580 00:32:21,360 --> 00:32:24,360 Speaker 1: think about this, and I get that that that people 581 00:32:24,400 --> 00:32:26,920 Speaker 1: are talking about this through the political prism and you're not, 582 00:32:27,120 --> 00:32:31,400 Speaker 1: which I appreciate, especially for a show like this, because 583 00:32:32,240 --> 00:32:35,440 Speaker 1: is the United States Postal Service even prepared to handle this? 584 00:32:35,720 --> 00:32:39,800 Speaker 1: That's a question I have another time, right, I mean, well, 585 00:32:39,960 --> 00:32:41,440 Speaker 1: help me, I mean, but another question to have and 586 00:32:41,480 --> 00:32:44,080 Speaker 1: then just go after I asked these. Another question I 587 00:32:44,160 --> 00:32:47,200 Speaker 1: have is, I mean, why are we in two thousand 588 00:32:47,280 --> 00:32:50,000 Speaker 1: and twenty with all of the technological advancements that we 589 00:32:50,120 --> 00:32:53,640 Speaker 1: have artificial intelligence? You know, they're talking about apps that 590 00:32:53,720 --> 00:32:56,840 Speaker 1: contract the virus. Why are we doing mail and voting? 591 00:32:57,160 --> 00:33:00,440 Speaker 1: Why aren't we doing something a little more tech savvy? Adam, 592 00:33:00,480 --> 00:33:04,680 Speaker 1: I just just oh my god, It's like, where do 593 00:33:04,760 --> 00:33:07,560 Speaker 1: you begin? So that's how I feel, And if if 594 00:33:07,600 --> 00:33:09,360 Speaker 1: if there are too many questions, and I try to 595 00:33:09,480 --> 00:33:11,920 Speaker 1: keep it focused. It's been a critique, but I try 596 00:33:11,960 --> 00:33:15,280 Speaker 1: to keep my questions focused. But yeah, it's this doesn't 597 00:33:15,360 --> 00:33:18,480 Speaker 1: feel rational to me. Go ahead, Okay, here's here's what 598 00:33:18,560 --> 00:33:20,400 Speaker 1: I have for you tonight. It could change, of course 599 00:33:20,440 --> 00:33:22,680 Speaker 1: in a week. Uh, let's talk about the the U. S. 600 00:33:22,720 --> 00:33:25,280 Speaker 1: Postal Service. You you saw this. I think it was 601 00:33:25,360 --> 00:33:27,600 Speaker 1: this week, right, even that they just appointed a new 602 00:33:27,680 --> 00:33:33,320 Speaker 1: Postmaster General. Um that person. That person is the most 603 00:33:33,360 --> 00:33:37,480 Speaker 1: important person on Earth, I think in this election potentially 604 00:33:37,840 --> 00:33:40,280 Speaker 1: because a lot of things that are gonna happen with 605 00:33:40,400 --> 00:33:44,120 Speaker 1: massive mail are gonna be jammed up, most likely in 606 00:33:44,280 --> 00:33:46,760 Speaker 1: places because of the U. S. Postal Service. So that 607 00:33:46,800 --> 00:33:49,720 Speaker 1: Postmaster General be are be very good on his feet 608 00:33:49,760 --> 00:33:52,840 Speaker 1: because he's gonna be front and square and all of 609 00:33:52,920 --> 00:33:56,520 Speaker 1: this in terms of why we're doing mail versus something 610 00:33:56,600 --> 00:33:59,600 Speaker 1: more tech savvy. The problem with the tech savvy, which 611 00:33:59,720 --> 00:34:02,800 Speaker 1: really feels right, and at some point I hope not 612 00:34:02,920 --> 00:34:05,560 Speaker 1: too long from now it will be right, is it's 613 00:34:05,600 --> 00:34:11,479 Speaker 1: too open for threats to cybersecurity. Right. They're making sure 614 00:34:11,640 --> 00:34:14,800 Speaker 1: that there are no hacking and there are no infiltrations. 615 00:34:14,920 --> 00:34:18,600 Speaker 1: That's something that I think we haven't quite fully debugged 616 00:34:19,200 --> 00:34:21,880 Speaker 1: enough to give us confidence that that will work. Uh. 617 00:34:22,080 --> 00:34:24,520 Speaker 1: And so that's we're not ready to go there. But 618 00:34:24,960 --> 00:34:28,520 Speaker 1: the one thing, if it's helpful at all as a perspective, Kevin, 619 00:34:28,600 --> 00:34:32,080 Speaker 1: in all of this back in two thousand and I 620 00:34:32,320 --> 00:34:35,440 Speaker 1: and I hope that the listeners will take this for 621 00:34:35,520 --> 00:34:38,239 Speaker 1: what it is. The most important thing that I and 622 00:34:38,320 --> 00:34:42,440 Speaker 1: everybody else that was involved in the process legitimately wanted 623 00:34:43,600 --> 00:34:47,440 Speaker 1: was something that the American public could believe in. And 624 00:34:48,040 --> 00:34:51,200 Speaker 1: that we lose confidence in the in the power of 625 00:34:51,280 --> 00:34:53,480 Speaker 1: the vote, the integrity of the vote, Kevin, we lose that, 626 00:34:54,520 --> 00:34:57,279 Speaker 1: everything else kind of comes crumbling down. So there was 627 00:34:57,320 --> 00:34:59,840 Speaker 1: a bigger calling that I thought a lot of it 628 00:35:00,080 --> 00:35:04,040 Speaker 1: had in that recount process, which was, even if the 629 00:35:04,160 --> 00:35:07,000 Speaker 1: side we might have been rooting for didn't prevail, we 630 00:35:07,120 --> 00:35:12,600 Speaker 1: wanted the American public trust and confidence to to prevail overall. 631 00:35:13,280 --> 00:35:16,799 Speaker 1: So that's awesome. And Adam, I really appreciate you coming 632 00:35:16,840 --> 00:35:19,080 Speaker 1: on because you are such an insider and on on 633 00:35:19,239 --> 00:35:21,600 Speaker 1: this issue, uh and and on so many other ones. 634 00:35:21,680 --> 00:35:24,240 Speaker 1: And I just have to ask you, and it's totally 635 00:35:24,320 --> 00:35:26,440 Speaker 1: off topic, but are we going to get sports in 636 00:35:26,480 --> 00:35:33,040 Speaker 1: the fall. It's not off topic because we desperately needed Kevin. Yeah, 637 00:35:33,080 --> 00:35:35,560 Speaker 1: I do. The Eagles are playing the Redskins in Week one, 638 00:35:35,600 --> 00:35:36,880 Speaker 1: and I just want to make sure that I'm there 639 00:35:36,920 --> 00:35:39,080 Speaker 1: for the game. Go ahead, Well, it's a Tampa Bay 640 00:35:39,200 --> 00:35:41,839 Speaker 1: as a Tampa Bay Bucks band. With Brady coming south, 641 00:35:42,280 --> 00:35:45,640 Speaker 1: you better believe that we have a new appreciation for football. Look, 642 00:35:45,920 --> 00:35:47,920 Speaker 1: we may it's not the real estate down there. They 643 00:35:47,960 --> 00:35:50,560 Speaker 1: all want to know where he's gonna live. Go ahead, Oh, 644 00:35:50,719 --> 00:35:52,640 Speaker 1: he already is kind of well, of course he's staying 645 00:35:52,640 --> 00:35:55,680 Speaker 1: at Jeter's house, which is about twenty five thousand square 646 00:35:55,719 --> 00:35:59,919 Speaker 1: feet of splendor. But we're gonna have sports. The question 647 00:36:00,160 --> 00:36:02,479 Speaker 1: is are we gonna have fans with and they're able 648 00:36:02,520 --> 00:36:05,840 Speaker 1: to attend the sports? Don't know, But I think a 649 00:36:06,520 --> 00:36:10,839 Speaker 1: season without professional sports, or college sports or any kind 650 00:36:10,880 --> 00:36:13,759 Speaker 1: of sports is a season you kind of want to 651 00:36:13,800 --> 00:36:16,680 Speaker 1: sleep through. And I think we've done enough sleeping or 652 00:36:16,680 --> 00:36:19,320 Speaker 1: ready to get back on the horse and start riding again. 653 00:36:19,440 --> 00:36:21,160 Speaker 1: I would agree, and and and I think, you know, 654 00:36:21,280 --> 00:36:23,000 Speaker 1: it's been it's really interesting to see how all the 655 00:36:23,040 --> 00:36:25,480 Speaker 1: different leagues have been have been handling this. But you know, 656 00:36:25,520 --> 00:36:28,640 Speaker 1: I think people really just want to are craving something. 657 00:36:28,719 --> 00:36:31,080 Speaker 1: I mean, I've been obsessed with the Michael Jordan's documentary 658 00:36:31,400 --> 00:36:34,960 Speaker 1: on Yes, it's just been that's been riveting and I'm 659 00:36:35,000 --> 00:36:36,759 Speaker 1: interested to see what they do next because they're going 660 00:36:36,800 --> 00:36:39,640 Speaker 1: to have to make that some type of series. Uh, Adam, 661 00:36:39,719 --> 00:36:41,680 Speaker 1: I really really appreciate you coming on and let me 662 00:36:41,719 --> 00:36:44,239 Speaker 1: ask you just one final thing. Speaking with sports just 663 00:36:44,360 --> 00:36:46,080 Speaker 1: for a second, do you think that they're gonna be 664 00:36:46,200 --> 00:36:48,600 Speaker 1: allowed to have fans in the stands or I mean, 665 00:36:48,680 --> 00:36:50,040 Speaker 1: and I'm not trying to pull anything out of you 666 00:36:50,080 --> 00:36:52,080 Speaker 1: that you don't want to say, but they have to 667 00:36:52,160 --> 00:36:55,879 Speaker 1: be weighing different types of options. I would imagine they are, 668 00:36:56,080 --> 00:36:58,319 Speaker 1: but but none of them fit the conventional mode. When 669 00:36:58,360 --> 00:37:00,479 Speaker 1: when you think about, say football, you're a cat about 670 00:37:00,520 --> 00:37:04,359 Speaker 1: a stadium with sixty seventy fans. Do you know that's 671 00:37:04,400 --> 00:37:07,360 Speaker 1: not gonna happen, not gonna happen. Uh? Could you have 672 00:37:07,520 --> 00:37:10,200 Speaker 1: five thousand fans or fifteen thousand fans? And if so, 673 00:37:10,680 --> 00:37:13,000 Speaker 1: what do you do? Is there like a rotating system 674 00:37:13,040 --> 00:37:15,879 Speaker 1: where season ticket holders get every other game or every 675 00:37:15,960 --> 00:37:18,839 Speaker 1: third game where they can actually attend. Uh, we're gonna 676 00:37:18,880 --> 00:37:20,960 Speaker 1: have to figure all this out on the fly, which, 677 00:37:21,040 --> 00:37:24,000 Speaker 1: by the way, for all those who are looking at 678 00:37:24,320 --> 00:37:27,560 Speaker 1: the response that this country has had to COVID nineteen 679 00:37:28,120 --> 00:37:31,960 Speaker 1: uh uh. We prayed it's all gonna end end soon 680 00:37:32,120 --> 00:37:34,640 Speaker 1: and end well. But we have to give credit to 681 00:37:35,200 --> 00:37:37,800 Speaker 1: what we've all been able to accomplish as Americans on 682 00:37:37,960 --> 00:37:40,720 Speaker 1: the fly. We're doing this on the fly. I agree 683 00:37:41,040 --> 00:37:44,200 Speaker 1: outa given thank you. I'm so incredibly appreciative. We'll talk 684 00:37:44,200 --> 00:37:46,200 Speaker 1: to soon. That's Adam given up. Kevin's really does it 685 00:37:46,280 --> 00:38:02,960 Speaker 1: for me. You're listening to bloomberg sass fished