WEBVTT - NY Says Trump Inflated Assets by $2.2 Billion

0:00:03.720 --> 0:00:08.520
<v Speaker 1>This is Bloomberg Law with June Brusso from Bloomberg Radio.

0:00:09.600 --> 0:00:12.079
<v Speaker 1>It's four weeks until the start of the trial in

0:00:12.119 --> 0:00:14.880
<v Speaker 1>the New York Attorney General's two hundred and fifty million

0:00:14.920 --> 0:00:18.880
<v Speaker 1>dollar lawsuit against Donald Trump and two of his sons

0:00:18.920 --> 0:00:21.720
<v Speaker 1>for an alleged scheme to manipulate the value of a

0:00:21.880 --> 0:00:25.599
<v Speaker 1>range of assets, from his skyscrapers to his golf resorts.

0:00:26.000 --> 0:00:30.040
<v Speaker 1>Trump denies the charges and has criticized New York Attorney

0:00:30.080 --> 0:00:34.600
<v Speaker 1>General Letitia James many times, saying it's a political prosecution

0:00:34.800 --> 0:00:36.040
<v Speaker 1>that she campaigned on.

0:00:36.720 --> 0:00:39.960
<v Speaker 2>But she proclaimed I look forward to going into the

0:00:39.960 --> 0:00:43.600
<v Speaker 2>office of Attorney General every single day, suing him and

0:00:43.640 --> 0:00:47.080
<v Speaker 2>then going home being very happy. I said, oh gee,

0:00:47.080 --> 0:00:49.559
<v Speaker 2>I hope she gets in. I hope she will. But

0:00:49.680 --> 0:00:53.760
<v Speaker 2>she announced what is fueling my soul right now is

0:00:53.880 --> 0:00:57.480
<v Speaker 2>Trump getting Trump And she knows nothing about me.

0:00:58.440 --> 0:01:01.520
<v Speaker 1>But the Ag says the evidence against Trump is so

0:01:01.680 --> 0:01:05.120
<v Speaker 1>extensive that the judge should find Trump libel on the

0:01:05.160 --> 0:01:08.759
<v Speaker 1>fraud claims before the trial. Joining me is Bloomberg Legal

0:01:08.800 --> 0:01:13.360
<v Speaker 1>reporter Patricia Hurtado. Leticia James says the evidence is so

0:01:13.520 --> 0:01:17.040
<v Speaker 1>extensive that the judge should find Trump libel for fraud

0:01:17.080 --> 0:01:21.120
<v Speaker 1>without a trial. What kind of evidence is she talking about.

0:01:21.800 --> 0:01:25.559
<v Speaker 3>Well, they have Trump's own words, and they're confronting him

0:01:25.760 --> 0:01:29.400
<v Speaker 3>with statements he's made about how he values his property.

0:01:29.920 --> 0:01:33.959
<v Speaker 3>And it's quite extraordinary because basically it's almost as if

0:01:34.440 --> 0:01:38.560
<v Speaker 3>Trump is saying he believes his brand is limitless and

0:01:38.640 --> 0:01:42.360
<v Speaker 3>that his brand, the Trump brand, and his properties are

0:01:42.400 --> 0:01:45.959
<v Speaker 3>worth more money since he was elected president, and he

0:01:46.080 --> 0:01:50.720
<v Speaker 3>calls them the mona Lisas of properties. He says, for example,

0:01:50.880 --> 0:01:54.000
<v Speaker 3>that you can have an old Master painting on your

0:01:54.040 --> 0:01:57.440
<v Speaker 3>wall and it is worth a lot of money even

0:01:57.480 --> 0:02:01.880
<v Speaker 3>though it doesn't do anything. So carrying his properties to

0:02:02.040 --> 0:02:04.880
<v Speaker 3>old Master paintings, she says he.

0:02:04.920 --> 0:02:07.360
<v Speaker 1>Had a net worth of no more than two point

0:02:07.400 --> 0:02:11.040
<v Speaker 1>six billion dollars rather than his stated net worth of

0:02:11.160 --> 0:02:13.079
<v Speaker 1>up to six point one billion dollars.

0:02:13.480 --> 0:02:16.200
<v Speaker 3>Well, he's accused of inflating his assets by at least

0:02:16.280 --> 0:02:19.680
<v Speaker 3>eight hundred and twelve million to two point two billion,

0:02:19.840 --> 0:02:24.000
<v Speaker 3>is what she alleges. The transcript is basically the first

0:02:24.040 --> 0:02:28.800
<v Speaker 3>time we have a glimpse into Trump's mindset of how

0:02:29.200 --> 0:02:33.720
<v Speaker 3>he came to value his companies. He also shockingly says

0:02:33.760 --> 0:02:36.920
<v Speaker 3>he has no role in the valuation that he says

0:02:36.960 --> 0:02:40.360
<v Speaker 3>it was up to his son, Eric Trump to handle

0:02:40.400 --> 0:02:43.560
<v Speaker 3>the main day to day operations of the companies and

0:02:43.639 --> 0:02:47.160
<v Speaker 3>to do these assessments of value. So he basically takes

0:02:47.240 --> 0:02:49.560
<v Speaker 3>all this out of his hands and says that it's

0:02:49.680 --> 0:02:50.680
<v Speaker 3>up to his kids.

0:02:50.919 --> 0:02:53.280
<v Speaker 1>Are we talking about just properties in New York?

0:02:53.639 --> 0:02:56.120
<v Speaker 3>No, We're talking about properties all over the place. He's

0:02:56.160 --> 0:02:59.280
<v Speaker 3>talking about Mara a Lago, he talks about his golf

0:02:59.320 --> 0:03:04.320
<v Speaker 3>courses all over the country. But basically the argument is

0:03:04.360 --> 0:03:09.760
<v Speaker 3>that he's misstated or inflated the assets the Trump Organization,

0:03:09.880 --> 0:03:13.320
<v Speaker 3>and which is an umbrella organization or corporation under which

0:03:13.360 --> 0:03:17.760
<v Speaker 3>all these other entities come. That Trump has overvalued their

0:03:17.880 --> 0:03:20.560
<v Speaker 3>worth based on what he thinks it's worth.

0:03:20.960 --> 0:03:23.080
<v Speaker 1>So one thing I sort of found odd is and

0:03:23.120 --> 0:03:26.000
<v Speaker 1>he said this in an interview with Sean Hannity, that

0:03:26.680 --> 0:03:30.280
<v Speaker 1>the Trump Organization had a very powerful disclaimer on all

0:03:30.280 --> 0:03:33.360
<v Speaker 1>of its loan applications, telling banks not to rely on

0:03:33.400 --> 0:03:34.880
<v Speaker 1>the company's appraisals.

0:03:35.320 --> 0:03:38.080
<v Speaker 3>That's the argument he's going to make. You know, hey, buyer,

0:03:38.160 --> 0:03:41.680
<v Speaker 3>beware the caveat answer right, that it's the problem of

0:03:41.720 --> 0:03:44.200
<v Speaker 3>anyone who read these material that they should have never

0:03:44.240 --> 0:03:48.160
<v Speaker 3>been hoodwinked. Some may argue that, and I'm sure Leticia

0:03:48.240 --> 0:03:51.280
<v Speaker 3>James is going to argue at the trial, Hey, you

0:03:51.400 --> 0:03:54.840
<v Speaker 3>put this stuff in. You can't say, oh, I'm excused

0:03:54.840 --> 0:03:57.080
<v Speaker 3>because I have a footnote that says it's really not.

0:03:57.240 --> 0:04:00.320
<v Speaker 3>It's up to you to believe me or not. That's

0:04:00.360 --> 0:04:03.040
<v Speaker 3>the kind of thing that a jury in New York

0:04:03.120 --> 0:04:07.160
<v Speaker 3>State will have to determine whether or not this is fraudulent.

0:04:08.000 --> 0:04:12.480
<v Speaker 1>Attorneys always make some rejudgment motions. It's sort of a

0:04:12.520 --> 0:04:14.720
<v Speaker 1>shot in the dark. Really, I mean, what are the

0:04:14.800 --> 0:04:17.400
<v Speaker 1>chances that a judge would grant a some rejudgment motion

0:04:17.520 --> 0:04:20.600
<v Speaker 1>in a case like this, with the result being that

0:04:20.920 --> 0:04:23.680
<v Speaker 1>it could ban Trump from serving as a director of

0:04:23.680 --> 0:04:25.040
<v Speaker 1>any New York based company.

0:04:25.760 --> 0:04:28.880
<v Speaker 3>Yeah, I mean the judge has been very critical of

0:04:29.000 --> 0:04:34.000
<v Speaker 3>motions and efforts by Trump and his lawyers. In fact,

0:04:34.040 --> 0:04:38.560
<v Speaker 3>today there's some discussions about repleting and making new arguments

0:04:38.600 --> 0:04:41.400
<v Speaker 3>that they've already lost. But I mean, now you know,

0:04:41.440 --> 0:04:44.480
<v Speaker 3>the rubber has hit the road. We're finally seeing what

0:04:44.560 --> 0:04:48.000
<v Speaker 3>Trump said as well as what his kids say. There's

0:04:48.040 --> 0:04:51.919
<v Speaker 3>different depositions. There was one from Ellen Weiselberg that makes

0:04:51.960 --> 0:04:55.760
<v Speaker 3>references to his time in prison. You know, his travails

0:04:55.800 --> 0:04:59.320
<v Speaker 3>with getting convicted as the CFO of the Trump organization

0:04:59.480 --> 0:05:03.480
<v Speaker 3>and fleeting guilty. So I mean, now it's sort of

0:05:03.760 --> 0:05:07.280
<v Speaker 3>all the cards that Letitia James has are on the table,

0:05:07.720 --> 0:05:11.040
<v Speaker 3>all the evidence that she's collected. It's massive. It's hundreds

0:05:11.080 --> 0:05:14.240
<v Speaker 3>of pages of statements, and I guess it just depends

0:05:14.560 --> 0:05:18.320
<v Speaker 3>whether or not a New York State Supreme Court jury

0:05:18.480 --> 0:05:21.960
<v Speaker 3>how they'll find they believe these arguments. He at one

0:05:22.000 --> 0:05:25.320
<v Speaker 3>point said, you know a property. There's a property called

0:05:25.360 --> 0:05:30.200
<v Speaker 3>Seven Springs in Westchester, and even though it's swampy and

0:05:30.240 --> 0:05:33.240
<v Speaker 3>there's nothing developed, he said, it's worth a ton of

0:05:33.279 --> 0:05:36.440
<v Speaker 3>money in his view because it could get developed. So

0:05:36.600 --> 0:05:40.559
<v Speaker 3>in his mind, that aspirational amount of money is worth

0:05:40.600 --> 0:05:43.800
<v Speaker 3>it because he has the Trump brand. He's even better

0:05:43.839 --> 0:05:48.200
<v Speaker 3>now because he was former President Trump, and now aspirationally

0:05:48.320 --> 0:05:50.120
<v Speaker 3>it's worth a ton of money because it could be

0:05:50.200 --> 0:05:52.480
<v Speaker 3>developed even though it hasn't been developed.

0:05:52.760 --> 0:05:56.920
<v Speaker 1>Why are these depositions being revealed now, Well.

0:05:56.720 --> 0:05:59.960
<v Speaker 3>Because the New York Attorney General has basically put down

0:06:00.080 --> 0:06:05.000
<v Speaker 3>own showing all the documents now of all the questioning

0:06:05.120 --> 0:06:09.200
<v Speaker 3>of all the parties, and it seems to be quite

0:06:09.360 --> 0:06:15.719
<v Speaker 3>compelling case that she's making that these valuations were speculative

0:06:16.200 --> 0:06:21.720
<v Speaker 3>or based on slimsy premises, so to call his properties,

0:06:21.800 --> 0:06:25.280
<v Speaker 3>you know, it could be worth two million, forty million,

0:06:25.440 --> 0:06:29.800
<v Speaker 3>thirty million, six hundred million, you know. Basically he kind

0:06:29.839 --> 0:06:33.120
<v Speaker 3>of even in his own testimony when talking about you know,

0:06:33.200 --> 0:06:37.159
<v Speaker 3>what's the intrinsic value of mar Lago or Turnberry golf

0:06:37.200 --> 0:06:41.080
<v Speaker 3>course in Scotland. Quote, you know, these things have tremendous

0:06:41.160 --> 0:06:43.520
<v Speaker 3>value to rich people that you know, if it makes

0:06:43.560 --> 0:06:46.360
<v Speaker 3>two millions three million, and therefore would be worth thirty

0:06:46.440 --> 0:06:48.719
<v Speaker 3>or forty million, I think you could sell it for

0:06:48.800 --> 0:06:51.440
<v Speaker 3>four or five or six hundred million, because it's the painting,

0:06:51.880 --> 0:06:53.720
<v Speaker 3>you know. I mean, that's kind of that's the kind

0:06:53.760 --> 0:06:56.920
<v Speaker 3>of rationale that may give a jury pause and have

0:06:57.040 --> 0:06:59.800
<v Speaker 3>them scratching their heads. So, I mean, I don't know

0:06:59.800 --> 0:07:03.800
<v Speaker 3>where this is an effort to possibly push discussions forward

0:07:03.880 --> 0:07:09.120
<v Speaker 3>to sdeed liability. I assume that Trump will not let them,

0:07:09.480 --> 0:07:13.400
<v Speaker 3>you know, agree to accept liability. But this is certainly

0:07:13.520 --> 0:07:17.040
<v Speaker 3>quite something that Letitia James is showing her cards. They're

0:07:17.080 --> 0:07:20.160
<v Speaker 3>all on the table, and it kind of is gobsmackingly

0:07:20.240 --> 0:07:21.400
<v Speaker 3>shocking in some way.

0:07:21.880 --> 0:07:25.360
<v Speaker 1>At his first deposition in August of twenty twenty two,

0:07:25.560 --> 0:07:28.880
<v Speaker 1>he invoked the Fifth Amendment more than four hundred times

0:07:28.920 --> 0:07:32.200
<v Speaker 1>and refuse to answer questions. Then at the second one

0:07:32.480 --> 0:07:36.680
<v Speaker 1>in April of twenty twenty three, he answered questions at length.

0:07:37.160 --> 0:07:39.560
<v Speaker 1>The Deputy ag said to his lawyer at one point,

0:07:39.760 --> 0:07:41.880
<v Speaker 1>we're going to be here until midnight if your client

0:07:41.920 --> 0:07:46.200
<v Speaker 1>answers every question with an eight minute speech, right right.

0:07:46.440 --> 0:07:49.560
<v Speaker 3>I look at transcripts all the time on cases, but

0:07:49.680 --> 0:07:54.679
<v Speaker 3>the long answering answers are quite something. So I guess

0:07:54.720 --> 0:07:58.000
<v Speaker 3>the floodgates were open at this point, and he felt

0:07:58.080 --> 0:08:01.640
<v Speaker 3>he could justify his explanation for all these valuations on

0:08:01.680 --> 0:08:05.000
<v Speaker 3>the property. So it's kind of like, I guess, once

0:08:05.560 --> 0:08:08.240
<v Speaker 3>he opened the door, I couldn't stop talking about how

0:08:08.280 --> 0:08:10.960
<v Speaker 3>he came up with all these, you know, the values

0:08:11.000 --> 0:08:13.440
<v Speaker 3>on these properties, and he's very proud of them. You know,

0:08:13.440 --> 0:08:16.840
<v Speaker 3>he's proud of developing things like forty Wall Street. He

0:08:16.960 --> 0:08:21.120
<v Speaker 3>said it was basically a dumpy building until his family

0:08:21.120 --> 0:08:24.720
<v Speaker 3>took it over. And you know, also the reason it

0:08:24.880 --> 0:08:27.760
<v Speaker 3>may not be worth anything more is because the city

0:08:27.840 --> 0:08:30.600
<v Speaker 3>needs to get its act together. So if the city

0:08:30.680 --> 0:08:33.920
<v Speaker 3>ever comes back and you convert the entire tower of

0:08:34.000 --> 0:08:36.440
<v Speaker 3>forty Wall into condos, and may you could make an

0:08:36.520 --> 0:08:40.400
<v Speaker 3>absolute fortune far greater than the five or six hundred million.

0:08:40.520 --> 0:08:42.280
<v Speaker 3>Probably the building is worth now.

0:08:42.960 --> 0:08:45.200
<v Speaker 1>So I guess I see why the Attorney General thinks

0:08:45.200 --> 0:08:47.920
<v Speaker 1>that she can have the judge ruled just on the

0:08:47.960 --> 0:08:52.760
<v Speaker 1>paper is because there's his deposition, there is the financial papers.

0:08:53.280 --> 0:08:55.880
<v Speaker 1>Also in his testimony. You read it all, Patty, So

0:08:55.920 --> 0:08:58.800
<v Speaker 1>tell me where did it come out that he considered

0:08:58.800 --> 0:09:02.079
<v Speaker 1>the presidency the most important job in the world, saving

0:09:02.120 --> 0:09:05.479
<v Speaker 1>millions of lives. I think you would have nuclear holocaust

0:09:05.559 --> 0:09:08.000
<v Speaker 1>if I didn't deal with North Korea. I think you

0:09:08.000 --> 0:09:11.160
<v Speaker 1>would have a nuclear war if I weren't elected. Where

0:09:11.200 --> 0:09:13.560
<v Speaker 1>did that fit into his deposition?

0:09:14.440 --> 0:09:17.960
<v Speaker 3>Well, he was basically boasting that this is what he's

0:09:17.960 --> 0:09:21.480
<v Speaker 3>been busy doing. He says, I was virtually not involved

0:09:21.559 --> 0:09:23.240
<v Speaker 3>in this business with the real estate.

0:09:23.520 --> 0:09:23.880
<v Speaker 2>Quote.

0:09:23.880 --> 0:09:26.320
<v Speaker 3>I really wasn't interested, believe it or not. I was

0:09:26.360 --> 0:09:29.560
<v Speaker 3>interested in saving the problem with North Korea, which was

0:09:29.640 --> 0:09:32.080
<v Speaker 3>ready to blow up, and solving the problems we had

0:09:32.200 --> 0:09:35.200
<v Speaker 3>in China, who was just ripping us off left and right,

0:09:35.360 --> 0:09:38.240
<v Speaker 3>and making sure that Russia never went into the Ukraine,

0:09:38.600 --> 0:09:42.000
<v Speaker 3>which they didn't under our auspices. So you can see

0:09:42.040 --> 0:09:45.040
<v Speaker 3>that he's basically saying I wasn't really involved in the

0:09:45.080 --> 0:09:48.480
<v Speaker 3>Trump Org and all the business operations. That wasn't my job.

0:09:48.520 --> 0:09:49.760
<v Speaker 3>I was saving the WARLD.

0:09:49.840 --> 0:09:53.760
<v Speaker 1>And Michael Cohen, his former lawyer who has testified against him,

0:09:54.080 --> 0:09:56.440
<v Speaker 1>says he's throwing his kids under the bus because they

0:09:56.480 --> 0:09:59.000
<v Speaker 1>were the ones in charge, right, Yeah.

0:09:59.040 --> 0:10:01.120
<v Speaker 3>And I was kind of surprided by that because when

0:10:01.160 --> 0:10:03.480
<v Speaker 3>he was asked point blank, well were you involved in

0:10:03.520 --> 0:10:05.600
<v Speaker 3>what were you doing? He said no, as Eric Trump

0:10:05.679 --> 0:10:09.240
<v Speaker 3>was doing it, I wasn't. So it is kind of surprising,

0:10:09.400 --> 0:10:11.960
<v Speaker 3>but you know, I guess in his mind that's what

0:10:12.040 --> 0:10:17.520
<v Speaker 3>he wanted to say, that Eric Trump was doing the business. Quote,

0:10:17.640 --> 0:10:20.480
<v Speaker 3>my son Eric is much more involved with it than

0:10:20.559 --> 0:10:23.120
<v Speaker 3>I am. I've been doing other things, and I guess

0:10:23.200 --> 0:10:26.800
<v Speaker 3>you could say on something major final decisions, whatever, but

0:10:27.000 --> 0:10:29.600
<v Speaker 3>I've been much less involved in it over the last

0:10:29.640 --> 0:10:32.160
<v Speaker 3>five years, five or six years ever before that.

0:10:33.080 --> 0:10:35.960
<v Speaker 1>So Patty remind us what's at stake here if he

0:10:36.760 --> 0:10:39.120
<v Speaker 1>loses this case completely.

0:10:39.520 --> 0:10:42.800
<v Speaker 3>Well, I mean basically, Letitia James seeks to sanction him

0:10:42.840 --> 0:10:45.800
<v Speaker 3>and also remove him from ever running any of his companies,

0:10:45.920 --> 0:10:47.520
<v Speaker 3>which would be quite a blow.

0:10:47.840 --> 0:10:48.080
<v Speaker 1>You know.

0:10:48.280 --> 0:10:51.960
<v Speaker 3>The sons have also been sued Eric and Don Junior

0:10:52.400 --> 0:10:56.080
<v Speaker 3>Ivanka was removed as a descendant. So you know, I

0:10:56.080 --> 0:10:59.920
<v Speaker 3>guess it will hobble the family from running its own

0:11:00.040 --> 0:11:02.800
<v Speaker 3>businesses and possibly close them down.

0:11:03.640 --> 0:11:06.840
<v Speaker 1>And Pat, before I let you go, you covered. And

0:11:06.920 --> 0:11:10.240
<v Speaker 1>we've talked about a case where a former twenty first

0:11:10.240 --> 0:11:16.320
<v Speaker 1>Century Fox executive and an Urguayan sports marketing group, full Play,

0:11:16.760 --> 0:11:20.679
<v Speaker 1>were convicted of engaging in a wire fraud and money

0:11:20.760 --> 0:11:25.920
<v Speaker 1>laundering scheme to get inside information to secure US broadcasting

0:11:26.000 --> 0:11:29.600
<v Speaker 1>rights to the twenty eighteen and twenty twenty two World

0:11:29.640 --> 0:11:33.199
<v Speaker 1>Cup tournaments. Why did the federal judge in that case

0:11:33.360 --> 0:11:35.240
<v Speaker 1>overturn those convictions.

0:11:35.760 --> 0:11:38.920
<v Speaker 3>We had a decisions, a pair of decisions having to

0:11:39.000 --> 0:11:42.160
<v Speaker 3>do with seft of honest services wire fraud, and it

0:11:42.240 --> 0:11:45.839
<v Speaker 3>has to do with a component of bribery, you know,

0:11:46.000 --> 0:11:51.200
<v Speaker 3>federal bribery wire fraud. And basically, this former twenty first

0:11:51.240 --> 0:11:56.680
<v Speaker 3>century Fox executive, Ernan Lopez, and this company then Uruguay

0:11:56.679 --> 0:12:00.440
<v Speaker 3>and sports marketing company called full Play, went on trial

0:12:00.640 --> 0:12:03.760
<v Speaker 3>and it went on for weeks in federal court and

0:12:03.920 --> 0:12:07.760
<v Speaker 3>they were convicted by a jury of multiple counts of

0:12:07.800 --> 0:12:12.040
<v Speaker 3>wire fraud. And that was in March when they were convicted,

0:12:12.679 --> 0:12:15.800
<v Speaker 3>and then we had two decisions to come out in

0:12:15.880 --> 0:12:20.800
<v Speaker 3>May from the Supreme Court stemming from federal corruption cases

0:12:20.880 --> 0:12:26.800
<v Speaker 3>that Manhattan US Attorney Bararra brought against elected officials for

0:12:27.000 --> 0:12:31.320
<v Speaker 3>public corruption, for bribe pain and bribe receiving anyway. The

0:12:31.400 --> 0:12:35.679
<v Speaker 3>Court rules in those two decisions involving per Cocoa and

0:12:35.920 --> 0:12:41.640
<v Speaker 3>Seminelli basically narrowing or limiting the prosecutor's ability to use

0:12:41.679 --> 0:12:46.439
<v Speaker 3>the statute when it came to bribery, and it gets

0:12:46.559 --> 0:12:50.800
<v Speaker 3>very complicated that basically it hampers the government from bringing

0:12:50.880 --> 0:12:53.640
<v Speaker 3>these certain kind of wire fraud cases under certain theories.

0:12:54.240 --> 0:12:57.440
<v Speaker 3>So in this case, the judge who had had this

0:12:57.600 --> 0:13:02.560
<v Speaker 3>trial it was hotly contested, repet rejected any requests to

0:13:03.000 --> 0:13:06.280
<v Speaker 3>overturn the conviction or dismiss the charges. Here we have

0:13:06.360 --> 0:13:09.360
<v Speaker 3>two months later the Supreme Court ruling comes in about

0:13:09.920 --> 0:13:13.880
<v Speaker 3>you can't use the statute anymore, and she actually said

0:13:14.160 --> 0:13:18.800
<v Speaker 3>there was no international bribery component that could be met

0:13:18.840 --> 0:13:22.760
<v Speaker 3>now under the new standard that the Supreme Court has assigned.

0:13:23.240 --> 0:13:25.400
<v Speaker 3>So you know, she said, she noted that she had

0:13:25.400 --> 0:13:30.000
<v Speaker 3>previously rejected the defendant's arguments for acquittal, and now she

0:13:30.120 --> 0:13:32.360
<v Speaker 3>had to do it in light of the Supreme Court ruling.

0:13:32.800 --> 0:13:36.240
<v Speaker 1>Yeah, they always have trouble with these public corruption cases. Yeah,

0:13:36.320 --> 0:13:38.640
<v Speaker 1>I mean they're always going up to the Supreme Court.

0:13:39.240 --> 0:13:41.920
<v Speaker 3>Yeah. I mean we wrote a feature story about this

0:13:42.080 --> 0:13:46.280
<v Speaker 3>for the Business Week, and I talked to one of

0:13:46.320 --> 0:13:50.080
<v Speaker 3>these good government guys and he said, the Supreme Court

0:13:50.160 --> 0:13:53.400
<v Speaker 3>and have basically said it's up to the states to

0:13:53.720 --> 0:13:57.600
<v Speaker 3>prosecute these cases. But his point was New York State,

0:13:58.000 --> 0:14:01.680
<v Speaker 3>which is where this corruption allegedly happened, where people were

0:14:01.679 --> 0:14:04.880
<v Speaker 3>doing did Regaine and alleged bright pain Now, I mean

0:14:04.960 --> 0:14:08.880
<v Speaker 3>they were convicted of it. That public officials. Now, it

0:14:08.880 --> 0:14:13.400
<v Speaker 3>would be up to state prosecutors to bring these kinds

0:14:13.400 --> 0:14:17.000
<v Speaker 3>of cases. But he said that unfortunately, he said, state

0:14:17.600 --> 0:14:21.240
<v Speaker 3>law is like Swiss cheese. It's not very good. It's

0:14:21.280 --> 0:14:25.000
<v Speaker 3>so porous. It doesn't have as much heft that the

0:14:25.160 --> 0:14:27.760
<v Speaker 3>US did. And if we remember all the way back

0:14:28.320 --> 0:14:32.120
<v Speaker 3>pre Ferrara's crackdown, which is what these cases stemmed from,

0:14:32.480 --> 0:14:36.720
<v Speaker 3>was supposedly, you know, rife corruption with elected officials were

0:14:36.760 --> 0:14:41.520
<v Speaker 3>taking bribes and paying developers are getting paid kickbacks. So

0:14:41.760 --> 0:14:44.720
<v Speaker 3>who is going to enforce this now It's been left

0:14:44.800 --> 0:14:46.040
<v Speaker 3>up to the states to do it.

0:14:46.480 --> 0:14:50.720
<v Speaker 1>Thanks so much, Pat, That's Bloomberg Legal reporter Patricia Hurtado.

0:14:52.120 --> 0:14:54.800
<v Speaker 4>This is a dark day in Jacksonville's history. Any loss

0:14:54.800 --> 0:14:57.000
<v Speaker 4>of life is tragic, but the hate that motivated the

0:14:57.000 --> 0:15:00.000
<v Speaker 4>shooter's killing spree adds an additional layer of hardbreak.

0:15:00.200 --> 0:15:03.600
<v Speaker 1>A masked white man shot and killed three black people

0:15:03.720 --> 0:15:08.640
<v Speaker 1>inside a Jacksonville, Florida, Dollar General store on Saturday. He

0:15:08.760 --> 0:15:11.960
<v Speaker 1>used a gun painted with a swastika and then turned

0:15:11.960 --> 0:15:16.280
<v Speaker 1>the gun on himself. After reviewing the man's writings, Sheriff T. K.

0:15:16.480 --> 0:15:19.960
<v Speaker 1>Waters said the attack was definitely racially motivated.

0:15:20.280 --> 0:15:24.960
<v Speaker 4>It was clear that his crimes were motivated by wanting

0:15:25.000 --> 0:15:28.080
<v Speaker 4>to want of to shoe black people, which is quite

0:15:28.200 --> 0:15:31.560
<v Speaker 4>unfortunate because it's not a representative of our community at all.

0:15:32.000 --> 0:15:35.200
<v Speaker 1>The shooting took place within hours of the conclusion of

0:15:35.240 --> 0:15:38.960
<v Speaker 1>a commemorative march on Washington in the nation's capital, where

0:15:39.080 --> 0:15:43.080
<v Speaker 1>organizers drew attention to the growing threat of hate motivated

0:15:43.160 --> 0:15:46.840
<v Speaker 1>violence against people of color. The attack on a shopping

0:15:46.920 --> 0:15:51.360
<v Speaker 1>center in a predominantly black neighborhood will undoubtedly evoke fears

0:15:51.400 --> 0:15:54.920
<v Speaker 1>of past shootings targeting Black Americans, like the one at

0:15:54.920 --> 0:15:58.720
<v Speaker 1>a Buffalo, New York supermarket in twenty twenty two and

0:15:58.760 --> 0:16:02.360
<v Speaker 1>the one at a History or African Methodist Episcopal Church

0:16:02.760 --> 0:16:08.320
<v Speaker 1>in Charleston, South Carolina in twenty fifteen, his President Joe Biden.

0:16:08.600 --> 0:16:12.920
<v Speaker 5>White supremacy is a poison. It's a poison. It's been

0:16:12.960 --> 0:16:17.040
<v Speaker 5>allowed to grow faster and faster in our communities to

0:16:17.080 --> 0:16:20.320
<v Speaker 5>the point where the intelligence communities determined. The US intelligence

0:16:20.360 --> 0:16:24.720
<v Speaker 5>community is determined that domestic terrorism rooted in white supremacy

0:16:24.760 --> 0:16:27.800
<v Speaker 5>is the greatest terrorist threat we face in the home line.

0:16:28.760 --> 0:16:32.280
<v Speaker 1>And a new study provided to USA Today shows that

0:16:32.360 --> 0:16:35.720
<v Speaker 1>in the country's largest ten cities, the number of reported

0:16:35.760 --> 0:16:39.240
<v Speaker 1>hate crimes rose twenty two percent from twenty twenty one

0:16:39.400 --> 0:16:43.280
<v Speaker 1>to twenty twenty two, making last year the second consecutive

0:16:43.360 --> 0:16:47.880
<v Speaker 1>year hate crimes reached a record high. The Justice Department

0:16:47.960 --> 0:16:50.920
<v Speaker 1>is investigating the shooting as a hate crime and an

0:16:50.960 --> 0:16:55.320
<v Speaker 1>act of racially motivated violent extremism. Joining me is Professor

0:16:55.320 --> 0:16:59.840
<v Speaker 1>Gabriel Chin of the UC Davis School of Law. The

0:17:00.120 --> 0:17:04.800
<v Speaker 1>NAACP issued a travel advisory this spring warning black people

0:17:04.880 --> 0:17:09.120
<v Speaker 1>to use extreme care if traveling to Florida, and argued

0:17:09.119 --> 0:17:13.600
<v Speaker 1>that the state's loose gun laws and Republican Governor Ron DeSantis'

0:17:13.880 --> 0:17:18.160
<v Speaker 1>anti woke campaign to deny the existence of systemic racism

0:17:18.640 --> 0:17:22.520
<v Speaker 1>created a culture of open hostility toward African Americans and

0:17:22.560 --> 0:17:23.479
<v Speaker 1>people of color.

0:17:23.840 --> 0:17:29.240
<v Speaker 6>What's your reaction, Well, I'm afraid that what Governor DeSantis

0:17:29.240 --> 0:17:32.960
<v Speaker 6>and his allies are doing might contribute to an atmosphere

0:17:33.560 --> 0:17:38.320
<v Speaker 6>of hostility, resentment, potential violence. It's not as though Governor

0:17:38.400 --> 0:17:44.600
<v Speaker 6>Desanta's unlike maybe President Trump has not specifically advocated resistance

0:17:44.640 --> 0:17:49.080
<v Speaker 6>and protests and taking action in those ways. But you know,

0:17:49.760 --> 0:17:54.640
<v Speaker 6>the effort to cut down discussion of critical race theory,

0:17:55.560 --> 0:18:01.000
<v Speaker 6>the attack on the African American studies ap these standards,

0:18:01.760 --> 0:18:06.360
<v Speaker 6>it seems to me to be an effort to essentially

0:18:06.400 --> 0:18:10.440
<v Speaker 6>rewrite history and then cut off all discussion about that history.

0:18:10.720 --> 0:18:14.919
<v Speaker 6>It seems like the governor of Florida, which was a

0:18:14.960 --> 0:18:18.639
<v Speaker 6>slave state and was a significant Jim Crow state and

0:18:18.720 --> 0:18:22.040
<v Speaker 6>a highly segregated state, and in many ways a deeply,

0:18:22.080 --> 0:18:25.560
<v Speaker 6>deeply discriminatory state, they want to pretend that that history

0:18:25.560 --> 0:18:29.600
<v Speaker 6>doesn't exist, or maybe not that it doesn't exist, but

0:18:29.600 --> 0:18:31.920
<v Speaker 6>that it has nothing to do with our lives today.

0:18:32.440 --> 0:18:37.679
<v Speaker 6>And if that's your view, if your view is, you know,

0:18:37.760 --> 0:18:41.640
<v Speaker 6>some bad things happened many, many years ago, and there's

0:18:41.680 --> 0:18:45.560
<v Speaker 6>been fair and equal treatment in the lives of everybody

0:18:45.760 --> 0:18:49.480
<v Speaker 6>who's around today and their parents and their grandparents, and

0:18:50.200 --> 0:18:55.000
<v Speaker 6>discrimination is really, you know, it's the equivalent of something

0:18:55.000 --> 0:18:58.399
<v Speaker 6>that happened to the ancient Egyptians. If that's your view,

0:18:59.080 --> 0:19:05.160
<v Speaker 6>then when African Americans are Asian Americans or Arab Americans

0:19:05.320 --> 0:19:09.720
<v Speaker 6>or anybody else objects to discriminatory treatment or raises questions

0:19:09.720 --> 0:19:14.679
<v Speaker 6>about discriminatory treatment, it seems like grasping. It seems like,

0:19:15.040 --> 0:19:18.240
<v Speaker 6>you know, if it really were ancient history, it would

0:19:18.240 --> 0:19:21.960
<v Speaker 6>seem like, you know, an illegitimate effort to take things

0:19:22.240 --> 0:19:25.480
<v Speaker 6>that don't belong to them, to be a race hustler

0:19:25.520 --> 0:19:29.640
<v Speaker 6>and get ahead based on false arguments and therefore take

0:19:29.680 --> 0:19:33.120
<v Speaker 6>advantage of good people who did nothing wrong. And I'm

0:19:33.160 --> 0:19:37.359
<v Speaker 6>afraid that's the dynamic that may be going on in

0:19:37.400 --> 0:19:42.960
<v Speaker 6>the minds of some extremists in Florida. And the problem

0:19:43.080 --> 0:19:45.879
<v Speaker 6>is that there are some extremists in Florida, just like

0:19:45.920 --> 0:19:49.840
<v Speaker 6>in every other place, there are people who are not

0:19:49.960 --> 0:19:54.159
<v Speaker 6>well versed in history, who are not very good at reasoning.

0:19:54.600 --> 0:19:59.000
<v Speaker 6>Maybe people like this individual who did the shooting in Jacksonville,

0:19:59.320 --> 0:20:02.399
<v Speaker 6>who have ment health problems. I'm not an expert on

0:20:02.480 --> 0:20:06.159
<v Speaker 6>his situation, but apparently he had some mental health problems

0:20:06.160 --> 0:20:09.520
<v Speaker 6>at various points in his life, and somebody like that

0:20:09.720 --> 0:20:15.840
<v Speaker 6>might be susceptible to really picking up conspiracy theories and

0:20:16.280 --> 0:20:20.080
<v Speaker 6>taking action based on it. I mean, it's just so

0:20:20.280 --> 0:20:24.480
<v Speaker 6>outlandish and so crazy that somebody would say it's worth

0:20:24.520 --> 0:20:27.520
<v Speaker 6>it to me to kill some people, even though I'm

0:20:27.520 --> 0:20:30.960
<v Speaker 6>going to die myself, you know, because they are doing

0:20:31.040 --> 0:20:35.480
<v Speaker 6>so much wrong to the community. It's outlandish. It's outlandish.

0:20:35.760 --> 0:20:40.800
<v Speaker 6>But unfortunately, I think the rhetoric of resentment, the rhetoric

0:20:41.000 --> 0:20:44.560
<v Speaker 6>that people who say that Florida and other places have

0:20:44.720 --> 0:20:47.120
<v Speaker 6>had too much racism for too long and that has

0:20:47.160 --> 0:20:49.880
<v Speaker 6>to be addressed. I fear there may be a connection.

0:20:50.400 --> 0:20:54.520
<v Speaker 6>You know, since twenty fifteen, twenty sixteen, there does seem

0:20:54.520 --> 0:20:58.080
<v Speaker 6>to have been a general increase in these sorts of

0:20:58.440 --> 0:21:04.679
<v Speaker 6>violent attacks against American races, against Unamerican religions, and you know,

0:21:04.800 --> 0:21:07.960
<v Speaker 6>given the tenor of the times, I'm afraid that we

0:21:08.040 --> 0:21:09.000
<v Speaker 6>haven't seen the last of it.

0:21:10.119 --> 0:21:15.640
<v Speaker 1>So the Jacksonville Sheriff T. K. Waters said, plainly put,

0:21:15.720 --> 0:21:19.679
<v Speaker 1>this shooting was racially motivated and he hated black people.

0:21:20.040 --> 0:21:22.359
<v Speaker 1>I mean, this seemed to be pretty clear cut to

0:21:22.400 --> 0:21:24.760
<v Speaker 1>the sheriff. But what does it take for the Justice

0:21:24.760 --> 0:21:26.919
<v Speaker 1>Department to say this is a hate crime and this

0:21:27.000 --> 0:21:28.720
<v Speaker 1>is going to be a hate crime investigation.

0:21:29.440 --> 0:21:33.520
<v Speaker 6>Well, so it's a really interesting situation because there's no

0:21:33.560 --> 0:21:37.320
<v Speaker 6>potential defendant here, the defendant is dead, and it doesn't

0:21:37.359 --> 0:21:43.520
<v Speaker 6>look like the guns were illegally transferred. And the ideology

0:21:44.480 --> 0:21:46.880
<v Speaker 6>that this is a white country or maybe a white

0:21:46.920 --> 0:21:51.240
<v Speaker 6>Christian country for white Christian people and people who don't

0:21:51.280 --> 0:21:55.320
<v Speaker 6>fit into that category are harmful to the society and

0:21:55.520 --> 0:22:00.080
<v Speaker 6>undermine it. That is a hateful ideology and ideology that

0:22:00.119 --> 0:22:04.560
<v Speaker 6>I think is wrong and dangerous, but it's one that

0:22:04.600 --> 0:22:07.359
<v Speaker 6>people are allowed to have because we do have a

0:22:07.400 --> 0:22:10.399
<v Speaker 6>First Amendment and we do have freedom of thought, and

0:22:10.680 --> 0:22:13.680
<v Speaker 6>if people want to have those ideas, they can. So

0:22:14.000 --> 0:22:17.640
<v Speaker 6>it's not one hundred percent clear to me, is interesting

0:22:17.800 --> 0:22:20.520
<v Speaker 6>what the Department of Justice may hope to find out.

0:22:21.000 --> 0:22:24.160
<v Speaker 6>But to back up a bit, they do have jurisdiction

0:22:24.240 --> 0:22:28.879
<v Speaker 6>over hate crimes. There are certain acts of violence based

0:22:28.880 --> 0:22:36.560
<v Speaker 6>on certain prohibited grounds such as race, religion, gender disability,

0:22:36.720 --> 0:22:41.760
<v Speaker 6>gender identity, sexual orientation. If there are certain violent acts

0:22:41.800 --> 0:22:45.200
<v Speaker 6>that take place on those grounds and it can be proved,

0:22:45.800 --> 0:22:49.000
<v Speaker 6>then the Department of Justice can prosecute people who do

0:22:49.040 --> 0:22:53.000
<v Speaker 6>those things in federal court. And beyond that, the Department

0:22:53.040 --> 0:22:58.439
<v Speaker 6>of Justice has the ability to investigate situations even if

0:22:58.760 --> 0:23:02.800
<v Speaker 6>it doesn't appear there's a there's a hate crime per se,

0:23:03.000 --> 0:23:09.400
<v Speaker 6>But they have the ability to investigate situations where, for example,

0:23:10.040 --> 0:23:11.840
<v Speaker 6>civil rights might be violated.

0:23:12.520 --> 0:23:15.719
<v Speaker 1>It would sort of be a broad investigation then, because

0:23:16.359 --> 0:23:19.000
<v Speaker 1>as you said, there's no defendant. It's not like they're

0:23:19.000 --> 0:23:22.359
<v Speaker 1>saying the police did something wrong or something like that.

0:23:22.720 --> 0:23:25.800
<v Speaker 1>It's just to investigate the community.

0:23:25.920 --> 0:23:28.800
<v Speaker 6>It seems to me like that's what's going on here,

0:23:29.119 --> 0:23:32.800
<v Speaker 6>that they are investigating what is going on in the

0:23:32.800 --> 0:23:36.560
<v Speaker 6>community that led to this. But the thing is, this

0:23:36.640 --> 0:23:39.760
<v Speaker 6>is not the first act of racial violence. It's not

0:23:39.800 --> 0:23:42.520
<v Speaker 6>the first act of racial violence in Florida. It's not

0:23:42.600 --> 0:23:44.919
<v Speaker 6>the first time somebody has looked into it. There have

0:23:44.920 --> 0:23:48.680
<v Speaker 6>been civil rights investigations by the state and federal government

0:23:48.760 --> 0:23:51.919
<v Speaker 6>and by private entities that are concerned about these things.

0:23:52.560 --> 0:23:56.560
<v Speaker 6>And so it's predictable what the Department of Justice is

0:23:56.600 --> 0:24:00.800
<v Speaker 6>going to find out that motivated this particular offender. And

0:24:01.080 --> 0:24:04.240
<v Speaker 6>you know, for an American in the twenty first century

0:24:05.040 --> 0:24:09.800
<v Speaker 6>to decorate their property with swastikas, And there was a

0:24:09.880 --> 0:24:13.480
<v Speaker 6>report that the offender here had a vest with a

0:24:13.560 --> 0:24:19.119
<v Speaker 6>Rhodesian army patch on it, and that evidently is a meme,

0:24:19.480 --> 0:24:26.120
<v Speaker 6>a common white supremacist symbol. And one would bet that

0:24:26.200 --> 0:24:28.320
<v Speaker 6>what the Department of Justice is going to find out

0:24:28.520 --> 0:24:34.000
<v Speaker 6>is that this individual was radicalized by white supremacist ideology

0:24:34.640 --> 0:24:38.879
<v Speaker 6>that is readily available on a million and one place,

0:24:38.920 --> 0:24:42.440
<v Speaker 6>is on the internet, and people who make the argument

0:24:42.720 --> 0:24:46.159
<v Speaker 6>that the people who are the rightful heirs of this

0:24:46.280 --> 0:24:49.840
<v Speaker 6>country the descendants of white Europeans. At one time the

0:24:49.960 --> 0:24:53.040
<v Speaker 6>United States was organized for their benefit, which is true

0:24:53.080 --> 0:24:55.920
<v Speaker 6>in many ways, and now it isn't. And you see

0:24:56.480 --> 0:25:00.639
<v Speaker 6>what these white supremacists consider interlopers who have positions of

0:25:00.680 --> 0:25:04.600
<v Speaker 6>power and responsibility and influence and opportunities for education, and

0:25:04.880 --> 0:25:07.440
<v Speaker 6>what about the white people? So I wouldn't be a

0:25:07.520 --> 0:25:11.639
<v Speaker 6>bit surprised that the sort of playbook that unfolded in

0:25:11.720 --> 0:25:14.320
<v Speaker 6>lots of other cases is going to unfold here. That

0:25:14.400 --> 0:25:16.960
<v Speaker 6>this is somebody who was not doing that well in

0:25:17.000 --> 0:25:21.160
<v Speaker 6>their life, somebody who was disappointed by how things were

0:25:21.200 --> 0:25:25.080
<v Speaker 6>working out for them, and somebody who was not emotionally stable,

0:25:25.280 --> 0:25:28.400
<v Speaker 6>and somebody who had a fascination with weapons, and they

0:25:28.600 --> 0:25:32.800
<v Speaker 6>found an explanation that it's not because they weren't working

0:25:32.840 --> 0:25:35.920
<v Speaker 6>hard enough, it's not because they weren't talented enough. It's

0:25:35.960 --> 0:25:39.159
<v Speaker 6>because bad people were standing in the way of what

0:25:39.320 --> 0:25:44.320
<v Speaker 6>they were justly entitled to. And if only black people

0:25:44.400 --> 0:25:49.720
<v Speaker 6>or Asian people, or Muslim people, or gay people or

0:25:49.760 --> 0:25:54.240
<v Speaker 6>whoever could be put in their place, then everything would

0:25:54.240 --> 0:25:57.080
<v Speaker 6>be restored to its proper place in the world.

0:25:57.600 --> 0:26:03.360
<v Speaker 1>As you mentioned, there have been so many hate crime investigations,

0:26:03.400 --> 0:26:07.040
<v Speaker 1>and hate crimes are up. There's a new study that

0:26:07.359 --> 0:26:11.400
<v Speaker 1>was in USA today shows that in the ten largest cities,

0:26:11.800 --> 0:26:14.760
<v Speaker 1>the number of reported hate crimes rose twenty two percent

0:26:14.920 --> 0:26:18.240
<v Speaker 1>from twenty twenty one to twenty twenty two, making last

0:26:18.320 --> 0:26:21.800
<v Speaker 1>year the second consecutive year they hit a record high.

0:26:22.359 --> 0:26:26.760
<v Speaker 1>So it seems to be getting worse instead of getting better,

0:26:27.160 --> 0:26:29.560
<v Speaker 1>no matter how many investigations they have.

0:26:30.359 --> 0:26:34.080
<v Speaker 6>Yeah, and the problem is we're a divided country. And

0:26:34.160 --> 0:26:38.040
<v Speaker 6>I'm not saying and I would deny that your average

0:26:38.320 --> 0:26:42.240
<v Speaker 6>Republican or your average Republican politician likes hate crimes, wants

0:26:42.280 --> 0:26:45.679
<v Speaker 6>hate crimes. That's not it. But the rhetoric and the

0:26:45.800 --> 0:26:50.320
<v Speaker 6>argumentation about our fellow Americans can sometimes be very negative,

0:26:50.680 --> 0:26:57.120
<v Speaker 6>and the extremists, the people who are not emotionally stable,

0:26:57.440 --> 0:27:00.439
<v Speaker 6>make too much of this. They take it seriously, the

0:27:00.520 --> 0:27:04.199
<v Speaker 6>idea that, for example, the media is the enemy. And

0:27:04.280 --> 0:27:07.600
<v Speaker 6>when some people say that it's a metaphor, and when

0:27:07.600 --> 0:27:11.600
<v Speaker 6>other people hear that, some of them think that the

0:27:11.800 --> 0:27:16.040
<v Speaker 6>problem in the United States really is some group. You know.

0:27:16.080 --> 0:27:20.960
<v Speaker 6>It's a combination of this unrestrained rhetoric plus very wide

0:27:21.000 --> 0:27:26.240
<v Speaker 6>availability of firearms, even to people who have profound mental illness,

0:27:26.560 --> 0:27:28.840
<v Speaker 6>you know. And it's one thing to say that a

0:27:28.920 --> 0:27:31.520
<v Speaker 6>law abiding, responsible American should be able to get a

0:27:31.560 --> 0:27:34.640
<v Speaker 6>firearm and carry it for self defense or other reasons.

0:27:35.000 --> 0:27:37.600
<v Speaker 6>It's another thing to say we should have laws that

0:27:37.640 --> 0:27:41.959
<v Speaker 6>are so lenient that even somebody who is not well

0:27:42.440 --> 0:27:45.399
<v Speaker 6>should be allowed to have a semi automatic rifle that

0:27:45.600 --> 0:27:47.399
<v Speaker 6>is a very very powerful weapon.

0:27:47.720 --> 0:27:47.919
<v Speaker 4>You know.

0:27:48.040 --> 0:27:52.760
<v Speaker 6>The combination of these things, I think is why we're

0:27:52.760 --> 0:27:56.000
<v Speaker 6>seeing an increase in hate crimes. There's an increase in

0:27:56.119 --> 0:27:59.680
<v Speaker 6>heated rhetoric, and there's an increase, thanks to the Supreme Court,

0:28:00.040 --> 0:28:03.640
<v Speaker 6>in the availability of firearms. So some of the restrictions

0:28:03.640 --> 0:28:06.720
<v Speaker 6>on firearms ownership that would have been possible in years

0:28:06.800 --> 0:28:09.800
<v Speaker 6>past are no longer because of the rulings of the

0:28:09.800 --> 0:28:13.040
<v Speaker 6>Supreme Court, and so we have more and more people

0:28:13.480 --> 0:28:17.000
<v Speaker 6>who feel themselves provoked, and they have more and more

0:28:17.080 --> 0:28:22.159
<v Speaker 6>ability to do damage. It is a remarkable situation that

0:28:22.200 --> 0:28:28.119
<v Speaker 6>we find ourselves in a reversal of fortune after Obama,

0:28:28.200 --> 0:28:31.840
<v Speaker 6>when it seemed like mabe racial tensions in this country

0:28:32.040 --> 0:28:34.720
<v Speaker 6>were diminishing, and that proved to be an illusion.

0:28:34.920 --> 0:28:37.480
<v Speaker 1>Thanks for being on the show, Jack, That's Professor Gabriel

0:28:37.560 --> 0:28:40.640
<v Speaker 1>Chin of the UC Davis Law School, and that's it

0:28:40.680 --> 0:28:43.280
<v Speaker 1>for this edition of The Bloomberg Law Show. Remember you

0:28:43.280 --> 0:28:45.760
<v Speaker 1>can always get the latest legal news on our Bloomberg

0:28:45.840 --> 0:28:49.480
<v Speaker 1>Law Podcast. You can find them on Apple Podcasts, Spotify,

0:28:49.640 --> 0:28:54.680
<v Speaker 1>and at www dot Bloomberg dot com, slash podcast, Slash Law,

0:28:55.080 --> 0:28:57.680
<v Speaker 1>and remember to tune into The Bloomberg Law Show every

0:28:57.720 --> 0:29:01.640
<v Speaker 1>weeknight at ten pm Wall Street Time. I'm June Grosso

0:29:01.760 --> 0:29:03.360
<v Speaker 1>and you're listening to Bloomberg.

0:29:04.400 --> 0:29:08.640
<v Speaker 4>M mhm.