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Speaker 1: Live from our nation's camera. This budget thing is going

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Speaker 1: to do nothing space forces. I still think it's interesting

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Speaker 1: President Trump not playing his cards yet. Headlines Policy and

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Speaker 1: Politics colliding, Floomberg Sound On, The Insiders, the Influencers, the insides.

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Speaker 1: I would rather see a congressional solution. It's part of

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Speaker 1: my DNA. The Senate map in looks a lot different

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Speaker 1: than it looked in. You really have a divide within

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Speaker 1: Team Trump. The present has to do exactly what people

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Speaker 1: sent him here to do, which is to get it done.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg

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Speaker 1: and one oh five point seven h D two. President

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Speaker 1: Trump lifting sanctions against Turkey. What's the reaction on Capitol Hill?

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Speaker 1: He says that temporary ceasefire is going to be made permanent. Meanwhile,

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Speaker 1: you're ready for this absolute cable news bedlam on Capitol Hill.

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Speaker 1: Earlier today, when House Republicans walked into the secure facility

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Speaker 1: where the Democrat controlled House Intelligence Committee was investigating into

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Speaker 1: the impeachment inquiry, you can't make it up. It was.

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Speaker 1: It was an absolute mess. Uh, tons of cameras. We're

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Speaker 1: gonna dive into that. We've got two all stars here

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Speaker 1: Terry Sullivan's back partner at Firehouse Strategies, former Marco Rubio

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Speaker 1: presidential campaign manager, and Joel Payne, democratic strategist, former director

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Speaker 1: of African American media outreach for Hillary Clinton's presidential campaign.

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Speaker 1: We're also going to get the latest from Jonathan Schanzer.

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Speaker 1: He is a senior vice president for research at the

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Speaker 1: Foundation for Defensive Democracies. He also worked previously at the

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Speaker 1: Treasury Department as a terror finance analyst. Nancy a lot

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Speaker 1: to get through because Mark Zuckerberg was also on Capitol Hill,

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Speaker 1: where I spent most of my day. We begin this

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Speaker 1: evening with the big developments on foreign policy. President Donald

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Speaker 1: Trump said earlier today that he's going to be lifting

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Speaker 1: the recently imposed sanctions against Turkey. Now. He added those

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Speaker 1: sanctions October sixteen, and he says that Turkey is now

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Speaker 1: complying with a ceasefire agreement along with Kurdish forces in Syria. Now.

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Speaker 1: The President also sent correct myself October fourteenth, where when

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Speaker 1: those sanctions went into place. The President also said that

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Speaker 1: should should President Ernowan of Turkey break this permanent ceasefire,

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Speaker 1: that he's fully prepared to have more sanctions that are

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Speaker 1: added and he also threatened tariffs on commodities such as steal.

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Speaker 1: The President uh was made this announcement from inside of

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Speaker 1: the White House earlier today. He was backed by Vice

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Speaker 1: President Mike Pence as well as Secretary of State Mike Pompeo,

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Speaker 1: who again had just traveled to the region the other

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Speaker 1: week to negotiate the temporary ceasefire. Remember, folks, this was

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Speaker 1: getting criticism not just not just from Democrats, but also

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Speaker 1: from Republican Senator Lindsey Graham sent a Majority Leader Mitch McConnell.

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Speaker 1: A lot of folks were unsure about how the President

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Speaker 1: was negotiating with with Turkey, but also what he what

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Speaker 1: message he was conveying to Kurdish allies in the region.

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Speaker 1: Take a listen to what President Trump said earlier today

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Speaker 1: at the White House about this. Here it is today's

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Speaker 1: announcement validates our course of action with Turkey. Then, only

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Speaker 1: a couple of weeks ago was scorned and now people

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Speaker 1: are saying, Wow, what a great outcome. Congratulations stoo early

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Speaker 1: to me to be congratulated, But we've done a good job.

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Speaker 1: We've saved a lot of lives. And joining us on

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Speaker 1: the telephone line now is Jonathan Schanzer. He is a

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Speaker 1: senior vice president for research at the Foundation for Defense

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Speaker 1: of Democracies. He has also a frequent individual who testifies

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Speaker 1: before Capitol Hill on these foreign relations issues. He previously

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Speaker 1: worked at the Treasury Department as a terror finance analyst. Jonathan,

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Speaker 1: it's great to have you on the program. All right,

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Speaker 1: reaction should folks be concerned or congratulatory regarding the President's

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Speaker 1: actions today with Syria? I think people should be concerned.

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Speaker 1: I think that the President's right that it's very early

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Speaker 1: to congratulate them. But basically I think what the President

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Speaker 1: has left out is that the President of Turkey Regi

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Speaker 1: of taiberda On was in Socy yesterday speaking with the

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Speaker 1: President of Russia. They sat at a meeting for seven

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Speaker 1: hours and the result of that was a decision on

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Speaker 1: their part to jointly operate in northern Syria together to

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Speaker 1: cleanse the area of the YPG. And the YPG, of course,

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Speaker 1: is this Kurdish group that lost eleven thousand lives on

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Speaker 1: behalf of the United States fighting against ISIS. So what

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Speaker 1: what's basically happened over the last twenty four hours is

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Speaker 1: an agreement between Russia and Turkey to engage in ethnic

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Speaker 1: cleansing along a long strip of that border between Turkey

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Speaker 1: and Syria, and the US has been left out of

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Speaker 1: the decision making altogether. Well, this is what I don't understand,

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Speaker 1: because in addition to those developments, Turkey has also suggested

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Speaker 1: in the last five or seven days or so that

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Speaker 1: they potentially have nuclear ambitions. Make sense of that for me? Yeah,

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Speaker 1: I mean this is something actually that that happened over

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Speaker 1: the course of the UN General Assembly. Uh. The President

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Speaker 1: of Turkey came out and said this. Of course, this

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Speaker 1: is all happening at a time where you know, we're

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Speaker 1: imposing sanctions on Iran uh for its nuclear ambitions, and

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Speaker 1: this would be a very unwelcome development. I should also

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Speaker 1: know that that this is by far not the only

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Speaker 1: thing that Turkey has done or said that has made

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Speaker 1: us very uncomfortable. Uh. They helped Iran evades sanctions between

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Speaker 1: two thousand and twelve and two thousand and fifteen, helping

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Speaker 1: Iran net something in the vicinity of twenty billion dollars

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Speaker 1: in cash and gold, and one of the bankers that

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Speaker 1: was just uh, he actually was arrested here in the

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Speaker 1: United States. He was sentenced. He served at jail time

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Speaker 1: for about a year. He returned back to Turkey and um,

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Speaker 1: they just named him as the head of the Istanbul

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Speaker 1: Stock Exchange the stically as a finger in the eye

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Speaker 1: to the United States. Wow, alright, well listen. So President Trump,

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Speaker 1: when he was speaking today earlier at the White House

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Speaker 1: regarding lifting the sanctions that he had just recently imposed

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Speaker 1: against Turkish President Air Juan and Turkey, said made the

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Speaker 1: case that that many Americans are are deeply skeptical. And

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Speaker 1: this isn't just a Republican or a Democrat feeling. But

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Speaker 1: you know this, I mean, there are folks who are

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Speaker 1: skeptical of of of of US engaging in long term

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Speaker 1: foreign policy conflicts with no end in sight. He you know,

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Speaker 1: there was there was a slight political undertone with that

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Speaker 1: argument that he made, But you look at polling which

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Speaker 1: would suggest that there's also this angst and uncertainty of

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Speaker 1: a go it alone type of strategy, especially as it

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Speaker 1: relates to international coalitions. Jonathan, I want to play for

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Speaker 1: you with Senator Lindsey Graham, the Republican from South Carolina,

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Speaker 1: had to say earlier earlier today following the developments at

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Speaker 1: the White House, because I think he's tapping into that

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Speaker 1: skepticism that many Americans feel when they hear these these

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Speaker 1: brash of of of headlines that come very very quickly

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Speaker 1: from this White House. Here, Senator Lindsey Graham, And it's

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Speaker 1: possible to end it, well, but you cannot rely on Syria, Russia,

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Speaker 1: or Turkey to protect the United States against ISISIS. That's

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Speaker 1: a different argument, Jonathan than I think that obviously the

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Speaker 1: President Trump me but also that I think other Republicans

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Speaker 1: who disagree with the President on this issue have made before.

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Speaker 1: He's saying, by doing this, you're elevating Russia. I think

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Speaker 1: that's right. Uh. And and by by no means should

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Speaker 1: we accept Turkey as a protector of the United States.

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Speaker 1: It's very unclear why the President would want to do this.

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Speaker 1: In fact, Turkey actually led it in part to the

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Speaker 1: rise of ISIS by keeping their border open, by allowing

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Speaker 1: fighters to stream across the border. Uh. And we actually

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Speaker 1: just heard recently at my organization, Bret McGurk, the former

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Speaker 1: Envoy for combating ISIS, basically said this, and I think

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Speaker 1: it was the first public acknowledgement of that by a

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Speaker 1: former US official. So I think that Lindsay Graham is correct.

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Speaker 1: But I think there's also one other thing to point

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Speaker 1: out here, and that is that we were keeping a

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Speaker 1: lid on what was happening in Syria with a very

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Speaker 1: very small force that with a few hundred fighters, and

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Speaker 1: we've not seen a lot of casualties, we haven't seen

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Speaker 1: a lot of clashes. We were keeping some of these

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Speaker 1: other forces at bay, and it was really unclear too,

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Speaker 1: I think all of us when the President made his

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Speaker 1: very hasty announcement that we were going to be standing

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Speaker 1: down and allowing the Turks to stream through. There was

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Speaker 1: no reason to do it. There was no immediate emergency

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Speaker 1: that would suggest that we needed to get out of

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Speaker 1: the way or we were going to suffer certain consequences.

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Speaker 1: All right, Jonathan Chanzer, I really want to thank you

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Speaker 1: for for coming on our program. Please come and join

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Speaker 1: us in the Bloomberg studio when you get a chance.

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Speaker 1: And that's Jonathan Shenzer, everybody. He is uh the senior

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Speaker 1: vice president for research at the Foundation for Defense Democracies.

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Speaker 1: He also previously has worked at the Treasury Department. He's

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Speaker 1: traveled all throughout the Middle East of rack Yemen, Egypt, Morocco, Kuwait,

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Speaker 1: Cutter Turkey, Jordan, Israel. I mean, he really has been

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Speaker 1: everywhere and he has a sought after voice on these issues.

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Speaker 1: So thank you Jonathan for making the time for us.

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Speaker 1: Coming up, we pivot back to politics and get this.

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Speaker 1: Republicans literally, they literally just walked in, walked into the

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Speaker 1: to the secure facility building for shift was having a hearing.

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Speaker 1: We're gonna get the panel to react because I'm speechless.

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Speaker 1: Download the Bloomberg Salm On podcast on Apple iTunes, at

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Speaker 1: Bloomberg dot com, or by downloading the Bloomberg Business App.

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Speaker 1: You can also find us on Radio dot Com, I

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Speaker 1: Heart Radio, and Spotify. I'm Kevin Cirelli. You're listening to Bloomberg.

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Speaker 1: This is Bloomberg's Sound On with Kevin Surreley on Bloomberg

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Speaker 1: one and one oh five point seven of m h

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Speaker 1: D two Baltimore. I'm Kevin Cereli. Welcome back, folks. Were

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Speaker 1: joined by Terry Sullivan, partner Firehouse Strategies, Republican Strategists, and

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Speaker 1: the Joel Payne Democratic Out Just did you guys watch

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Speaker 1: the game last night? Your mics are off and Christine

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Speaker 1: told me to turn them on too. Did you watch

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Speaker 1: the game last night? Absolutely? One that's what I think. Okay,

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Speaker 1: I think it was amazing. We say we So you

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Speaker 1: are an actual Nats fan, because this is a topic

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Speaker 1: of conversation earlier today on Capitol Hill. I'm not from here,

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Speaker 1: and I want to be clear. I'm a thorough love

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Speaker 1: Philadelphia will always be for Philadelphia. I want to be

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Speaker 1: clear here. I am jumping on the bandwagon, but I'm

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Speaker 1: acknowledging that I have jumped on the bad between you

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Speaker 1: and say Bryce Harper is like you probably get to

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Speaker 1: go to the World Series. I'm treating the Nationals the

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Speaker 1: way that never Trumper's treat Trump, which is, I'm allowing

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Speaker 1: it to exist out there and I'm not going to

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Speaker 1: do anything actively to stop them. Because you literally said

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Speaker 1: that if you were a billionaire, you would buy the Mets.

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Speaker 1: That's right, all right. I'm not gonna ask Terry Sullivan

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Speaker 1: what you would do if you were a billionaire, because

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Speaker 1: I'm not sure we can talk about it on the air. Um. Anyway,

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Speaker 1: did you guys hear about what happened on Capitol Hill

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Speaker 1: today with the Republicans storming? I mean, I don't want

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Speaker 1: to say storming, because you know it's a little dramatic.

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Speaker 1: They walked into the shift For those of you who

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Speaker 1: don't know, it's that secure House Intelligence Committee hearing room

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Speaker 1: that is very secure. Obviously it's not that secure because

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Speaker 1: they walked in a bunch of Republicans to just urge

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Speaker 1: that there be transparency, uh in this issue. And Joel,

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Speaker 1: I'm sure you have a lot to say about this.

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Speaker 1: It was ridiculous. It was a stunt. They wanted to

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Speaker 1: distract from the fact that there was another devastating witness

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Speaker 1: that they were that was going to testify today, that

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Speaker 1: was going to corroborate all the things that the whistle

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Speaker 1: blower said and the whistle blowers report after they got

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Speaker 1: taken to the woodship by by Ambassador Tailor yesterday. So

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Speaker 1: it was a pretty cheap uh stunt. Um. I suppose

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Speaker 1: it got a couple of headlines, but nothing at the

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Speaker 1: core or foundation of this of this topic. Nothing at

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Speaker 1: the foundation of this topic has changed. I couldn't I

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Speaker 1: couldn't agree more. I'm shocked that it there'd be some

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Speaker 1: sort of political stunt and an Adam Schift hearing, Like

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Speaker 1: how could that be? Almost Like imagine if someone just

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Speaker 1: made up a fabricated story and started talking about it

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Speaker 1: at the top of the hearing. Oh wait, no, that

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Speaker 1: is actually Adam Shift, who does that in Adam Shift hearings. Look,

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Speaker 1: it's all this one big carnival right now, and it's

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Speaker 1: kind of sad to watch. I mean both think. I

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Speaker 1: watch a lot of reality television, and today was not

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Speaker 1: even a stunt that would have made an episode of

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Speaker 1: It was so bad, it was so orchestrated, and it

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Speaker 1: was so it was not I don't know, I don't

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Speaker 1: but I actually think, Terry, I think this could help Republicans.

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Speaker 1: I think that they're turning impeachment inquiry. I don't think

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Speaker 1: the Republicans way, let me finish this thought. For some

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Speaker 1: Republicans who are on the fence and you have concerns

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Speaker 1: about the impeachment inquiry, turning the impeachment into a joke,

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Speaker 1: which was clearly the goal of today's political stunt, this

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Speaker 1: might help it. Yeah. Look, I think that the that

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Speaker 1: the facts are the worst part of this for Donald Trump,

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Speaker 1: that the actual facts. If this was was a hearing

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Speaker 1: just based on the facts and then the public got

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Speaker 1: to understand the facts, it would be pretty bad for him.

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Speaker 1: But it's turned into such a carnival on both sides

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Speaker 1: that it's no longer about the facts. It's just another

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Speaker 1: political fight in Washington. I think people just turn my

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Speaker 1: good friend Terry, No, it has not turned into accordival

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Speaker 1: on both sides. Not only not only not only do

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Speaker 1: I disagree with that, but it also ignores the fact

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Speaker 1: that in the Senate there's actually bipartisan work being done

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Speaker 1: by Richard Burr and by Mark Warner and by a

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Speaker 1: lot of Democrats and Republicans who know the real deal.

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Speaker 1: So if you want to go emerge everything together because

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Speaker 1: actually at wait wait there actually are there any impeachment

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Speaker 1: inquiry hearings that are being hidden off the record that

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Speaker 1: like this is I completely agree with you about the Senate.

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Speaker 1: I think it's doing a good job. It's doing a

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Speaker 1: very thoughtful job looking at a very serious issue. Look,

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Speaker 1: I'm willing to say that the Republicans in the House

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Speaker 1: are are making this a joke, but so are the Democrats.

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Speaker 1: CNN dot com headline, impeachment probe deposition underway following Republicans

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Speaker 1: storming hearing room. Fox News dot com headline House stems

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Speaker 1: restart impeachment inquiry hearing after GOP stormed secure area. MSNBC

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Speaker 1: dot com House GOP members storms secure room delay impeachment

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Speaker 1: testimony by Pentagon official. I mean this was clearly made

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Speaker 1: for cable in order to create the at least the

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Speaker 1: perception of chaos. Record. There was no storming. Matt Gett

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Speaker 1: is the general I like to go against in any battle.

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Speaker 1: Let's hear some of the here we go, let's roll

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Speaker 1: some of the tape. Because we had Congressman Tom Malanowski,

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Speaker 1: congressman from Democrat Democrat from New Jersey. Here's what he said,

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Speaker 1: after two dozen House Republicans broke congressional rules to store

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Speaker 1: I don't even want to use the works. So after

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Speaker 1: they walked into the secure hearing room, here he is,

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Speaker 1: I actually don't know if uh we don't. We don't

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Speaker 1: have that right now? Do we have no Brooks, Charlie?

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Speaker 1: You have mo Brooks? All right? It looks like we're

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Speaker 1: having some technical difficulties either way. I mean, the back

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Speaker 1: and forth of you can't have phones. There was questions

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Speaker 1: about whether or not they could have their cell phones

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Speaker 1: in there. It's just to talk about secure information. So

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Speaker 1: this is know that there's and so at the end

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Speaker 1: of the day, this is a secured room that to

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Speaker 1: talk about top secret information. The question is, isn't being misused?

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Speaker 1: And I think that's the real heart of this. Is

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Speaker 1: it being misused? Is this actually not secure information that

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Speaker 1: they're that they're using to hide this? So the party

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Speaker 1: that spent five years prosecuting a nonsense case against Hillary

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Speaker 1: Clinton about mishandling secure information just allowed forty people who

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Speaker 1: weren't clear to hear information today in a skiff. That's

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Speaker 1: that's actually what happened today. Actual question that I have

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Speaker 1: a lot of questions about this. Number One, if it

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Speaker 1: is a secure facility, why weren't through people outside of

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Speaker 1: the room stopping lawmakers from going in or anyone not

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Speaker 1: just lawmakers, like anyone going in. That's one question. I

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Speaker 1: have Another question to have is what, like what does

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Speaker 1: this mean for how secure the actual secure building is? Terry, Yeah,

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Speaker 1: well I think that's that's I mean, you've been to

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Speaker 1: Congress before, right, I mean, you know those those conversation

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Speaker 1: in Congress. I've never been in Congress, and I don't

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Speaker 1: think i'll ever be. No, no, no, I mean you've

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Speaker 1: you've you've been to the building, you into the right

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Speaker 1: let's talk about that coming up, go ahead. But I mean,

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Speaker 1: look at the end of the day um this hat

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Speaker 1: was was a stunt definitely by by the Democrat I

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Speaker 1: mean with the Republicans as a way to exploit the

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Speaker 1: stunt being pulled off by the Democrats. It shouldn't be

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Speaker 1: in a secure room in the first place. We've got

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Speaker 1: Tom Malinowski, the Democrat from New Jersey, talking and responding

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Speaker 1: to the to this here it is. Listen to Tom.

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Speaker 1: It's a bunch of Freedom Caucus members having pizza around

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Speaker 1: the conference table, pretending to be brave. All they basically

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Speaker 1: did here was to storm a castle that they already

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Speaker 1: occupy because the Republicans are in the room, asking questions,

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Speaker 1: interrogating witnesses. Right here's Mo Brooks, the Republican from Alabama,

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Speaker 1: responding to that Democratic criticism area is by golly, if

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Speaker 1: they're gonna do it, do it in public. Don't hide

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Speaker 1: it from the American people. Show your faith where we

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Speaker 1: can all see the travesty that you are trying to

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Speaker 1: foist on America. Joel might not just have the hearings

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Speaker 1: in public, call it a day. Have them in public.

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Speaker 1: You can listen. You can have the hearings. The tin

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Speaker 1: blocks up from here in Columbia Heights, I don't care.

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Speaker 1: Nothing has fundamentally changed about this case. Donald Trump used

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Speaker 1: the power of his office to leverage a an ally

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Speaker 1: to help him against a political adversary. That has not changed.

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Speaker 1: Nothing has changed from that, son. We can go round

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Speaker 1: around all we want to, but the point of this

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Speaker 1: is to distract from that fact. Well, but we're not

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Speaker 1: going round around. What we're saying is I agree with you.

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Speaker 1: I agree with you. And what's what I started with

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Speaker 1: is the facts of this are the worst enemy of

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Speaker 1: President Trump. So why don't the Democrats have these hearings

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Speaker 1: in public? Why are they no sense to me? Just

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Speaker 1: have them in public? Terry, I have a question for you,

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Speaker 1: because if you work for Senator Rubio and and and

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Speaker 1: some moilar, I'm not I mean, I don't want to.

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Speaker 1: I'm sure Rubio's office would get annoyed if I said

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Speaker 1: that he was a moderate. But there are some other

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Speaker 1: more moderate members who are up for re election in

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Speaker 1: the Senate who are in tough races down What are

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Speaker 1: you hearing from from the folks that you talked to

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Speaker 1: in terms of whether or not they're going to be

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Speaker 1: for or against this or votes to impeach them or not.

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Speaker 1: In the Senate in particular. You know, I do think

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Speaker 1: that convictim of correct, I understand how yeah, the look,

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Speaker 1: I think in the Senate they are looking at this

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Speaker 1: in a very serious way and they understand and I mean, look,

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Speaker 1: even McConnell, uh center, McConnell has come forward and said, look,

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Speaker 1: he's gonna he's going to follow the letter of the

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Speaker 1: law and the rules as to how this works in

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Speaker 1: the Constitution to to have a hearing. I think the

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Speaker 1: Senate is looking at in a very serious way and

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Speaker 1: in many ways on both sides of the aisle, and

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Speaker 1: it's how it should be done. I've been on both

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Speaker 1: sides of this, okay, as somebody with the strong hand

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Speaker 1: in the weekend, usually you can tell who has the

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Speaker 1: weekend by who's arguing process. So if you're sitting there

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Speaker 1: spending a week arguing process and distracting from a day

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Speaker 1: long hearing from someone who is going to execute a

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Speaker 1: really negative case against you, you're probably losing. So Republicans

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Speaker 1: don't have the upper hand here and they've resorted to

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Speaker 1: arguing process. And that's okay, But I think it's important

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Speaker 1: for people to understand that outside these four walls, all right,

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Speaker 1: coming up We're gonna start Mark Zuckerberg, who returned to

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Speaker 1: Congress today to the House Financial Services Committee, and he

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Speaker 1: got into a back and forth with Max sine Waters,

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Speaker 1: Congressman Friend Hill, Republican from Marcasol is on that committee.

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Speaker 1: He's going to check in with us. Download the Boomberg

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Speaker 1: Sound On podcast on Apple it tunes, at Bloomberg dot com,

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Speaker 1: or by downloading the Boomberg Business app. You can also

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Speaker 1: find us on Radio dot com, I Heart Radio and Spotify.

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Speaker 1: And Kevin SERELLI I'm on the NATS bandwagon and I'm

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Speaker 1: admitting it. You're listening to Bloomberg. This is Bloomberg's Sound

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Speaker 1: On with Kevin Surreley on Bloomberg one and one oh

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Speaker 1: five point seven of m h D two Baltimore. I'm

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Speaker 1: Kevin Surreally, joined by Terry Sullivan. He is a Republican

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Speaker 1: strategist and the Joel Payne, a Democratic strategist. Did you

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Speaker 1: see these new polls that came out, gentlemen, with Joe Biden.

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Speaker 1: Joe Biden really you know, expanding his lead. A CNN

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Speaker 1: poll Biden leading over all of the other candidates. He's

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Speaker 1: got a double digit lead. Buddha Judge closes and on

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Speaker 1: Biden and Warren and a new Iowa poll that was

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Speaker 1: from a couple of days ago, but Joe Biden really

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Speaker 1: looking strong. It's hit its widest margin since April. Joel,

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Speaker 1: I think we're hitting a point in a race where

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Speaker 1: these national polls, and I'm never really a fan, I

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Speaker 1: think they kind of tell broadly a story, but I

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Speaker 1: think that they can be a little bit out of focus. Um.

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Speaker 1: I think we're entering a point now where the state

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Speaker 1: polls kind of start to take primacy over importance over

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Speaker 1: what you actually follow in terms of what the trend

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Speaker 1: lines are. UM. I also think that Biden's numbers have

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Speaker 1: pretty much, you know, it's Terry and I were talking

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Speaker 1: about during the break, have pretty much kind of stayed unchanged.

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Speaker 1: The people to look at our Warren and her kind

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Speaker 1: of continued upward mobility and Buddha judge who's the real

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Speaker 1: mover in the field right now? Those are the things

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Speaker 1: to pay attention to, the fact that Joe Biden still

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Speaker 1: has a strong national lead. That's a that's a name

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Speaker 1: I D thing to me. Still, well, I think it's

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Speaker 1: gone beyond that. I mean, look, he's if it was

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Speaker 1: just a name, I D issue, he would have started

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Speaker 1: the tank after after a lot of this bad press.

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Speaker 1: I mean he's taken some even before all of this

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Speaker 1: dust stop back and forth, uh with with Trump in

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Speaker 1: the Ukraine stuff. I mean, his numbers are pretty resilient. Um,

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Speaker 1: The question is is his ceiling Look, I mean his

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Speaker 1: floors seemed to be pretty pretty high because he hasn't dropped, um,

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Speaker 1: but he also hasn't climbed. Now as these will find

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Speaker 1: that out. Is is these other candidates start to drop out.

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Speaker 1: Warren has gone way up and she's come back down.

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Speaker 1: She's had to move around. Uh. Pete has Booda has

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Speaker 1: has has really done well and positioned himself. But but

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Speaker 1: Biden just stayed consistent war and nineteen pent Sanders sixteen,

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Speaker 1: Buddha Jedge six. That's according to the new CNN National poll.

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Speaker 1: And you know, I mean there was another poll that

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Speaker 1: just came out of in Wisconsin. Biden leads Trump in Wisconsin.

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Speaker 1: I mean, look, he had poor fundraising numbers. But if

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Speaker 1: you're Joe Biden and he just took pummeling in the

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Speaker 1: news cycle for the at least week, you know it's

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Speaker 1: still good six weeks. I mean, if you go back

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Speaker 1: to when the President started, you know, making stuff up

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Speaker 1: about him and uh putting all the Ukraine stuff into

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Speaker 1: the media cycle, which has clearly had an impact on fundraising,

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Speaker 1: has had an impact on energy, and it's had an

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Speaker 1: impact on the other candidates feeling more bullish about their chances.

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Speaker 1: So I think you're right though, Kevin. What's what you're

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Speaker 1: pointing to there, which is the Biden team welcomes that

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Speaker 1: because that's gonna help with donor you know, donors being

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Speaker 1: more confident in Biden's durability through the race. That's gonna

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Speaker 1: raise more money, that's gonna sustain his campaign. He needs

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Speaker 1: that type of a boose right now. Well, and it's

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Speaker 1: it's it's actually been a real missed opportunity, I believe

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Speaker 1: by the Biden campaign. I think they've done fine. It

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Speaker 1: hasn't hurt him, but he could have really squared off

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Speaker 1: against uh, the President on this issue and really taken

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Speaker 1: the fight to him and been much more aggressive, and

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Speaker 1: he hasn't. They've played defense and instead of going after

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Speaker 1: Trump on this exact same issue, you know, they're rolling

429
00:22:57,520 --> 00:23:00,480
Speaker 1: out Hunter Biden to do a Miya Kalpa that looks

430
00:23:00,560 --> 00:23:04,159
Speaker 1: like he's in a kidnapping video, and so you know,

431
00:23:04,400 --> 00:23:06,439
Speaker 1: I think it's a missed opportunity that they could have

432
00:23:06,800 --> 00:23:09,120
Speaker 1: sucked all the oxygen out of the room from these

433
00:23:09,119 --> 00:23:12,080
Speaker 1: other candidates and just taken the fight to Donald Trump

434
00:23:12,119 --> 00:23:14,920
Speaker 1: and go toe to toe, and they didn't. What about

435
00:23:15,720 --> 00:23:18,359
Speaker 1: what about Pete Buddha Gedge? How has he been doing?

436
00:23:18,440 --> 00:23:21,399
Speaker 1: I mean like he's got a ton of money Kenny

437
00:23:21,440 --> 00:23:23,560
Speaker 1: make Inroods in South Carolina. He's he's sort of been

438
00:23:23,600 --> 00:23:26,000
Speaker 1: in the mix, I would argue since the last debate.

439
00:23:26,080 --> 00:23:28,479
Speaker 1: Really people have been talking about him differently and just

440
00:23:28,520 --> 00:23:30,639
Speaker 1: anecdotally here in the Beltway for what it for? What

441
00:23:30,760 --> 00:23:33,920
Speaker 1: it uh? For what we Oh, Actually, we're gonna hold

442
00:23:33,960 --> 00:23:36,120
Speaker 1: this thought because actually joining us on the telephone line

443
00:23:36,200 --> 00:23:40,520
Speaker 1: right now is the congressman Friend Chill, Republican from Arkansas.

444
00:23:40,560 --> 00:23:42,720
Speaker 1: He's a member of the House Financial Services Committee, and

445
00:23:42,760 --> 00:23:44,840
Speaker 1: he's just called in and I know you've got not

446
00:23:44,880 --> 00:23:46,359
Speaker 1: a lot of time, so I want to get right

447
00:23:46,359 --> 00:23:48,600
Speaker 1: to you. To this congressman. We were talking in the

448
00:23:48,600 --> 00:23:52,359
Speaker 1: halls of Rayburn earlier today cover as I was covering

449
00:23:52,560 --> 00:23:57,080
Speaker 1: Zuckerberg Mark Zuckerberg's hearing on Capitol Hill about Facebook's Libra,

450
00:23:57,240 --> 00:24:03,120
Speaker 1: the digital the digital the digital currency. Congressmary there, yes,

451
00:24:03,160 --> 00:24:05,520
Speaker 1: I am oh cool. So what did you make of

452
00:24:05,520 --> 00:24:09,160
Speaker 1: Mark Zuckerberg's testimony? Can they move ahead? Can Facebook move

453
00:24:09,160 --> 00:24:11,280
Speaker 1: ahead with this? Or is there still not an appetite

454
00:24:11,280 --> 00:24:14,600
Speaker 1: in Congress? Well, first, Kevin, thanks for having me. Mark

455
00:24:14,680 --> 00:24:17,880
Speaker 1: Zuckerberg came to the committee. He was more humble than

456
00:24:17,920 --> 00:24:21,679
Speaker 1: he was eighteen months ago, better prepared for the discussion,

457
00:24:22,160 --> 00:24:25,320
Speaker 1: and I think the big takeaway was he announced they

458
00:24:25,359 --> 00:24:28,919
Speaker 1: will not move forward with libra in any country of

459
00:24:28,920 --> 00:24:33,439
Speaker 1: the world, the US included, until US regulatory officials have

460
00:24:33,640 --> 00:24:38,400
Speaker 1: blessed the concept. So Congressman, we were talking about that,

461
00:24:38,520 --> 00:24:40,680
Speaker 1: but we were also talking about this, this new There's

462
00:24:40,720 --> 00:24:43,879
Speaker 1: two threads I think that that Mark Zuckerberg during his

463
00:24:43,960 --> 00:24:46,920
Speaker 1: testimony tried to develop. And let's start with the first one,

464
00:24:46,960 --> 00:24:50,080
Speaker 1: which is that that he's making the case that digital

465
00:24:50,080 --> 00:24:55,119
Speaker 1: currencies would be able to help underserved communities in rural

466
00:24:55,240 --> 00:24:58,359
Speaker 1: and more urban America. Do you buy that argument, and

467
00:24:58,400 --> 00:25:02,760
Speaker 1: if so, how specific thically would this technology aid those

468
00:25:02,840 --> 00:25:06,320
Speaker 1: underserved communities. Well, he has a vision, and his vision

469
00:25:06,400 --> 00:25:08,560
Speaker 1: is it should be as easy to send money to

470
00:25:08,680 --> 00:25:11,199
Speaker 1: a friend in Mexico as it is to send a

471
00:25:11,320 --> 00:25:16,080
Speaker 1: text and His vision is that the digital token could

472
00:25:16,160 --> 00:25:18,119
Speaker 1: do that in a way that's much cheaper than the

473
00:25:18,119 --> 00:25:22,520
Speaker 1: existing system that involves wire transfer, free fees and forn

474
00:25:22,520 --> 00:25:27,840
Speaker 1: exchange estimated to be about seven of a of a

475
00:25:27,920 --> 00:25:30,679
Speaker 1: remittance to another country. So he's got a good vision.

476
00:25:31,000 --> 00:25:34,560
Speaker 1: The question is how does he create that payment rail

477
00:25:35,200 --> 00:25:40,920
Speaker 1: that complies with bank secrecy laws and UH and created

478
00:25:41,560 --> 00:25:44,960
Speaker 1: in today's regulatory environment. That's the big challenge. Congressman, you

479
00:25:45,080 --> 00:25:48,159
Speaker 1: touched on something that I think sometimes we in the

480
00:25:48,200 --> 00:25:51,159
Speaker 1: media as well candidly in the halls of Congress, we

481
00:25:51,240 --> 00:25:53,359
Speaker 1: lose sight of, which is that when we think of

482
00:25:53,400 --> 00:25:56,280
Speaker 1: financial services and technology, we always think of all street.

483
00:25:56,560 --> 00:25:58,679
Speaker 1: We always think of the big businesses, the big banks.

484
00:25:59,160 --> 00:26:01,600
Speaker 1: We don't see and when we when especially when we

485
00:26:01,640 --> 00:26:06,720
Speaker 1: think of international finance, we don't think of small folks,

486
00:26:06,760 --> 00:26:10,479
Speaker 1: small businesses, but also not even businesses, individuals who as

487
00:26:10,520 --> 00:26:14,480
Speaker 1: you mentioned remittances for example, where in the agricultural community

488
00:26:14,640 --> 00:26:18,440
Speaker 1: or in other sectors, folks are sending money literally over

489
00:26:18,560 --> 00:26:23,360
Speaker 1: borders of family members. Could you just help um make

490
00:26:23,400 --> 00:26:26,280
Speaker 1: that illustration for because I don't think there's necessarily an

491
00:26:26,320 --> 00:26:30,879
Speaker 1: understanding for how these services are actually utilized outside of

492
00:26:30,920 --> 00:26:35,359
Speaker 1: the bigger business world. Well, I believe sincerely that in

493
00:26:35,400 --> 00:26:40,560
Speaker 1: the future blockchain and a digital token will make uh

494
00:26:40,600 --> 00:26:44,879
Speaker 1: it much easier and much cheaper for global commerce, particularly

495
00:26:44,920 --> 00:26:48,240
Speaker 1: in commodities. You talked about agriculture. When you think about

496
00:26:48,280 --> 00:26:52,719
Speaker 1: the risk you take in foreign exchange conversions, the cost

497
00:26:52,880 --> 00:26:57,760
Speaker 1: of small dollars. We talked about remittances. It's estimated that

498
00:26:57,920 --> 00:27:03,480
Speaker 1: seven of a transaction value, so seven dollars for a

499
00:27:03,560 --> 00:27:07,679
Speaker 1: hundred to transfer a remittance to Mexico from the US,

500
00:27:07,840 --> 00:27:12,960
Speaker 1: including that foreign exchange cost. So this idea has great value,

501
00:27:13,000 --> 00:27:15,119
Speaker 1: but we have to do it in a way that

502
00:27:15,280 --> 00:27:22,080
Speaker 1: I think maintains our the importance of our a mL

503
00:27:22,160 --> 00:27:25,600
Speaker 1: and banks secrecy laws, which is why Bill Foster, remember

504
00:27:25,680 --> 00:27:28,040
Speaker 1: Congress from Illinois, and I wrote a letter to J.

505
00:27:28,240 --> 00:27:32,879
Speaker 1: Powell asking him what is the FED done about proposing

506
00:27:33,080 --> 00:27:38,080
Speaker 1: a digital dollar token for exactly this purpose small remittances?

507
00:27:38,119 --> 00:27:39,879
Speaker 1: All right, and final question for you, because I know

508
00:27:39,920 --> 00:27:41,480
Speaker 1: you've got to run, And thank you again for for

509
00:27:41,520 --> 00:27:44,560
Speaker 1: calling in Congressman Friend Shell, Republican from Arkansas. The other

510
00:27:44,600 --> 00:27:47,480
Speaker 1: big threat here was that Zuckerberg said, essentially, hey, wait

511
00:27:47,520 --> 00:27:50,640
Speaker 1: a minute, this isn't about the technology getting here. It's

512
00:27:50,680 --> 00:27:53,960
Speaker 1: already here. Look at China. China has already had this technology,

513
00:27:54,000 --> 00:27:57,280
Speaker 1: They've already implemented this type of technology. As the consumer

514
00:27:57,320 --> 00:28:00,840
Speaker 1: product is the US at is the US at risk

515
00:28:01,400 --> 00:28:05,199
Speaker 1: for losing to China and other global competitors if they

516
00:28:05,240 --> 00:28:08,359
Speaker 1: don't embrace this type of technology. I do think having

517
00:28:08,400 --> 00:28:13,880
Speaker 1: a digital approach for technicalization is critical to UH the

518
00:28:13,920 --> 00:28:17,520
Speaker 1: financial future of our country. And we want the dollar

519
00:28:18,480 --> 00:28:22,880
Speaker 1: to be an innovative, useful currency, and we want America

520
00:28:22,920 --> 00:28:26,000
Speaker 1: to still be listed as the innovative leader in this

521
00:28:26,040 --> 00:28:28,480
Speaker 1: new digital future. And that's all We've got to tackle this,

522
00:28:28,560 --> 00:28:32,560
Speaker 1: and that's why Zuckerberg was on Capitol Hill today. All right,

523
00:28:32,640 --> 00:28:35,520
Speaker 1: thank you to Congressman Friendshell, Republican from Arkansas. Coming up,

524
00:28:35,560 --> 00:28:39,520
Speaker 1: Panel Reacts plus we get back into the re election

525
00:28:40,120 --> 00:28:43,680
Speaker 1: campaign for President Trump and of course that contested Democratic primary.

526
00:28:43,760 --> 00:28:50,400
Speaker 1: You're listening to Bloomberg. This is Bloomberg's Sound On with

527
00:28:50,480 --> 00:28:54,600
Speaker 1: Kevin Surreley on Bloomberg one and one oh five point

528
00:28:54,680 --> 00:28:58,960
Speaker 1: seven f M h D two. I'm Kevin Surreally welcome back, folks.

529
00:28:59,160 --> 00:29:03,920
Speaker 1: Joel Payne's here, Democratic strategist and Terry Sullivan, Republican strategist.

530
00:29:04,040 --> 00:29:10,880
Speaker 1: You hiked Mount Everest, Terry up. No, Denali, it's only

531
00:29:10,920 --> 00:29:13,600
Speaker 1: the tallest one in North America. That's amazing. So what

532
00:29:13,760 --> 00:29:19,640
Speaker 1: was that like? Cold? Cold? And I recently hiked Rock

533
00:29:19,680 --> 00:29:22,720
Speaker 1: Creek Park. Really you probably had to move a lot

534
00:29:22,760 --> 00:29:24,840
Speaker 1: faster there if it was after dark than I had

535
00:29:24,880 --> 00:29:28,080
Speaker 1: to Sterry. You managed Marco Rubio's campaign? What did Marco

536
00:29:28,200 --> 00:29:30,960
Speaker 1: Rubio tell you after you hiked Anali? You know what?

537
00:29:31,800 --> 00:29:34,400
Speaker 1: Actually we haven't talked since I've gotten back from Donally

538
00:29:34,760 --> 00:29:38,280
Speaker 1: there's a revelation. And also what, um, what was harder

539
00:29:38,320 --> 00:29:41,640
Speaker 1: managing Marco Rubio's campaign or hiking Denali? And managing Marco

540
00:29:41,680 --> 00:29:46,200
Speaker 1: Rubio's campaign? Hands down, hands down, No one ever does

541
00:29:46,240 --> 00:29:49,840
Speaker 1: a president manager the presidential campaign win or lose twice. Actually,

542
00:29:49,920 --> 00:29:52,440
Speaker 1: Robbi Muke and I were just talking about this. Nobody

543
00:29:52,640 --> 00:29:54,840
Speaker 1: like if you look at the history of like campaign

544
00:29:54,880 --> 00:29:58,120
Speaker 1: managers winning or losing at on at least a serious

545
00:29:58,200 --> 00:30:00,560
Speaker 1: level campaign, it's not done a second time because it's

546
00:30:00,560 --> 00:30:04,160
Speaker 1: a crappy job. What about Hillary Clinton? Will she get

547
00:30:04,200 --> 00:30:08,480
Speaker 1: into the race and higher anyone? Well some school she

548
00:30:08,520 --> 00:30:10,920
Speaker 1: doesn't want to go away? I mean, look take a

549
00:30:11,280 --> 00:30:14,040
Speaker 1: like Motley Crew said it best don't go away? Mad

550
00:30:14,240 --> 00:30:18,120
Speaker 1: just go away crew. Just kidding. I'm so sorry. I

551
00:30:18,120 --> 00:30:20,760
Speaker 1: can't sometimes I just gotta focus. All right, what's on

552
00:30:20,800 --> 00:30:22,960
Speaker 1: your radar? It's one of my favorite things that too

553
00:30:23,320 --> 00:30:26,480
Speaker 1: esteemed insiders of Washington, d C. We're gonna tell us

554
00:30:26,520 --> 00:30:30,320
Speaker 1: what's on their political radar? Uh, Joel your first, what's

555
00:30:30,360 --> 00:30:32,560
Speaker 1: what's on your radar? There's a lot of things on

556
00:30:32,560 --> 00:30:38,120
Speaker 1: our radar? Um. I would say, no, there really, there

557
00:30:38,120 --> 00:30:39,920
Speaker 1: really is actually a lot of stuff to talk about.

558
00:30:40,120 --> 00:30:42,200
Speaker 1: I would just say, you know, I'm really still interested

559
00:30:42,200 --> 00:30:46,160
Speaker 1: in the stuff, and particularly I'm actually no, no, I'm

560
00:30:46,240 --> 00:30:48,240
Speaker 1: I'm I'm most interested in kind of some of those

561
00:30:48,440 --> 00:30:52,120
Speaker 1: middlitier folks like the Cloba chars Um and whatnot. Like

562
00:30:52,200 --> 00:30:54,960
Speaker 1: she actually raised a pretty good chunk of money, um,

563
00:30:55,000 --> 00:30:57,560
Speaker 1: almost two million dollars. I think since the debate and

564
00:30:57,600 --> 00:31:00,960
Speaker 1: whether or not that's actually gonna translate into real momentum

565
00:31:01,240 --> 00:31:02,880
Speaker 1: um in the latest I will poll had said that

566
00:31:02,920 --> 00:31:07,480
Speaker 1: almost caucus goers um are still undecided. That that would

567
00:31:07,520 --> 00:31:10,000
Speaker 1: suggest to me that there's still a lot of mobility

568
00:31:10,000 --> 00:31:12,280
Speaker 1: in that race. So I'm I'm keeping a eye on

569
00:31:12,320 --> 00:31:16,440
Speaker 1: a on an ever static democratic race. All right, all right, Terry,

570
00:31:16,440 --> 00:31:19,320
Speaker 1: what's on your radar economy. Look, we can look at

571
00:31:19,320 --> 00:31:22,600
Speaker 1: all this the impeachment circus, the I mean, you could

572
00:31:22,600 --> 00:31:25,880
Speaker 1: look at just all the crazy stuff coming on on

573
00:31:25,960 --> 00:31:29,720
Speaker 1: cable news on hourly basis. But what really matters, what's

574
00:31:29,720 --> 00:31:31,880
Speaker 1: really gonna drive voters at the end of the day,

575
00:31:32,000 --> 00:31:35,480
Speaker 1: which frankly, Donald Trump's safety net has gives him a

576
00:31:35,480 --> 00:31:37,640
Speaker 1: good chance to get re elected, is if economy is strong,

577
00:31:37,800 --> 00:31:39,520
Speaker 1: and when we look at things like trade and things

578
00:31:39,520 --> 00:31:41,240
Speaker 1: like that, that's gonna matter a heck of a lot

579
00:31:41,280 --> 00:31:44,960
Speaker 1: more than than Hunter Biden's me a copa on on

580
00:31:45,280 --> 00:31:48,960
Speaker 1: Good Morning America. That's that's very interesting. And so how

581
00:31:48,960 --> 00:31:51,400
Speaker 1: do you think, Joel to to that point just quickly,

582
00:31:51,560 --> 00:31:53,640
Speaker 1: how the economy is going to factor into into the

583
00:31:53,920 --> 00:31:57,840
Speaker 1: democratic discussion. Well, I'm absolutely let I mean not to

584
00:31:57,880 --> 00:32:00,160
Speaker 1: go away from your question, but I'm more interested. And

585
00:32:00,280 --> 00:32:02,840
Speaker 1: you know, and Terry alluded to this before Trump's handling

586
00:32:02,840 --> 00:32:05,920
Speaker 1: a Syria and he's really falling all over himself over

587
00:32:05,920 --> 00:32:08,000
Speaker 1: the commander in chief test. And you know, you talked

588
00:32:08,000 --> 00:32:10,440
Speaker 1: about Biden having an opportunity to push back on the

589
00:32:10,440 --> 00:32:12,880
Speaker 1: whole Hunter Biden issue. I think he had an opportunity

590
00:32:12,920 --> 00:32:15,120
Speaker 1: to push back in that last debate around the idea

591
00:32:15,160 --> 00:32:17,480
Speaker 1: of being I'm the most qualified to be commander in chief,

592
00:32:17,720 --> 00:32:20,240
Speaker 1: and I don't know if any of those candidates really

593
00:32:20,320 --> 00:32:23,240
Speaker 1: seized on that opportunity the way that they should have. So,

594
00:32:23,800 --> 00:32:26,320
Speaker 1: you know, less less the economy and more that commander

595
00:32:26,360 --> 00:32:28,960
Speaker 1: in chief test. I'm I'm keeping an eye on no.

596
00:32:29,040 --> 00:32:30,680
Speaker 1: Because the Democrats were in a fight to see who

597
00:32:30,720 --> 00:32:33,440
Speaker 1: could be the biggest communist on the stage. I mean

598
00:32:33,520 --> 00:32:35,080
Speaker 1: like it was like, you know, we're gonna give away

599
00:32:35,080 --> 00:32:37,960
Speaker 1: more money here, and it's greater socialism here. I mean, look,

600
00:32:38,000 --> 00:32:41,400
Speaker 1: Barack Obama could not get nominated in the current Democrat primary.

601
00:32:41,720 --> 00:32:45,520
Speaker 1: Joe Biden is having to apologize for his ultraconservative Obamacare policies.

602
00:32:45,600 --> 00:32:48,840
Speaker 1: All right, you want know it's on my radar. Yes, yes,

603
00:32:48,840 --> 00:32:52,120
Speaker 1: I appreciate that. I'd love to thank you. Uh NASA

604
00:32:52,600 --> 00:32:55,920
Speaker 1: NASAs on my radar today, Red Planet. This is the

605
00:32:55,960 --> 00:33:00,280
Speaker 1: headline from from NASA Space Agency chief Jim Brandon's signs

606
00:33:00,320 --> 00:33:03,520
Speaker 1: says he's made the bull claim that humans could go

607
00:33:03,720 --> 00:33:07,680
Speaker 1: on a mission to the Moon by twenty thirties and

608
00:33:07,880 --> 00:33:13,360
Speaker 1: that they could land humans on Mars by Wow, that's

609
00:33:13,480 --> 00:33:16,400
Speaker 1: really bold. We actually went to the moon fifty years

610
00:33:16,400 --> 00:33:19,520
Speaker 1: ago they could return. Okay, okay, all right, this is

611
00:33:19,640 --> 00:33:22,320
Speaker 1: that type of another decade. What about New Jersey? Can

612
00:33:22,320 --> 00:33:23,960
Speaker 1: they get people up to New Jersey? But no, But

613
00:33:24,000 --> 00:33:25,920
Speaker 1: wait a minute, can we send people from New Jersey

614
00:33:25,960 --> 00:33:28,240
Speaker 1: to the moon. Listen, if they're looking for reporters to

615
00:33:28,240 --> 00:33:30,720
Speaker 1: go to Mars. I know a guy named keV who

616
00:33:30,760 --> 00:33:33,240
Speaker 1: would gladly. I think Christine would be all I think

617
00:33:33,280 --> 00:33:35,520
Speaker 1: Christine would be all for you send your Yeah. I

618
00:33:35,520 --> 00:33:37,320
Speaker 1: think a lot of people would be all for setting

619
00:33:37,320 --> 00:33:39,440
Speaker 1: me on a rocket to Mars. Do you think that

620
00:33:39,520 --> 00:33:41,680
Speaker 1: NASA still has the same class? I mean, seriously, though,

621
00:33:41,840 --> 00:33:43,960
Speaker 1: do you think that NASA and the space race and

622
00:33:44,000 --> 00:33:46,240
Speaker 1: this in this day in age US and China, US

623
00:33:46,280 --> 00:33:49,560
Speaker 1: and Russia private The space race is now private corporations.

624
00:33:49,880 --> 00:33:52,320
Speaker 1: That's where the innovation is. It's not some government agency

625
00:33:52,360 --> 00:33:54,400
Speaker 1: that's trying to their claim to fame. Is that in

626
00:33:54,480 --> 00:33:57,240
Speaker 1: a decade we can do something we did fifty years ago. Look,

627
00:33:57,600 --> 00:34:00,680
Speaker 1: you know you're gonna look at Blue Origin, and you're

628
00:34:00,680 --> 00:34:04,719
Speaker 1: gonna look at at Elon, Musk's group and Virgin Atlantic.

629
00:34:04,760 --> 00:34:07,120
Speaker 1: These are this is the innovation in space is gonna happen,

630
00:34:07,160 --> 00:34:09,920
Speaker 1: and it has to be equal. There's it shouldn't. Space

631
00:34:09,960 --> 00:34:12,120
Speaker 1: travel should not just be for the wealthy. It should

632
00:34:12,120 --> 00:34:15,040
Speaker 1: be for everyone. And in addition to that, I think

633
00:34:15,040 --> 00:34:17,280
Speaker 1: that you know, as we look to to other planets,

634
00:34:17,280 --> 00:34:19,960
Speaker 1: there could be other resources, other commodities on there. Uh,

635
00:34:20,000 --> 00:34:22,359
Speaker 1: and it should be equal. So anyway, NASA is saying

636
00:34:22,360 --> 00:34:24,680
Speaker 1: that they could go to Mars by which is in

637
00:34:24,760 --> 00:34:28,000
Speaker 1: our lifetime, which I think is worthy of being on

638
00:34:28,120 --> 00:34:30,719
Speaker 1: the radar. Thank you, Terry. Maybe you can climb a

639
00:34:30,760 --> 00:34:33,520
Speaker 1: mountain on on Mars. Thank you, Joel. I appreciate you

640
00:34:33,560 --> 00:34:35,840
Speaker 1: coming on. I'm Kevin Sili. Nowlad the Boomberg Salm On

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