90 effective against covid19. At the same time kobe cases continue to grow in state and local governments are imposing more lockdowns. Later in the show will talk with the doctor a member of joe bidens task force to figure out what it means. The other big news is the aftermath of the president ial election. President trump refuses to concede defeat to former Vice President biden. President trumps past with ultimate victory is looking more difficult than ever. The president s help demonstrating that there was fraud in the key states. The media has been quick to tell us that there was no fraud, the New York Times produced a huge story across the entire front page, Election Officials nationwide find no fraud, they came to the seclusion by asking the people who are responsible for the security of the voting in each state, this is as someone commented, calling 15 16yearold schoolboys if they done their homework. Democrats reach quickly for a depressingly familiar historical analogy. You see what happened in germany in the 1930s, how do you elect a president and then all of a sudden give him the authority to be dictator, thats what hitler did in germany, he was elected because he discredited the news media took over the churches. I cannot see this happening here, it may happen. Gerry actually that is not what it did, hitler abolished elections, amongst the holocaust, invaded europe and responsible for more than any dust in the 20th century, this is what it is for political debate. Absurd hyperbole aside, the challenge for the president is undoubtedly daunting. While he makes claims about fraud, in the courts the lawyers are arguing to overturn the results, the president has every right to feel agreed in 2016 the democrats and most of the media claimed his election was fraudulent but they refused to accept his presidency as legitimate and spent four years trying to destabilize and remove him. But undermining confidence in the system is just going to make matters worse, republicans made big gains in the same election the president is challenging. He may well choose to run again in 2024, faith in the election system is essential for them to succeed and of course it is essential for america to succeed as a democracy. Now we had contested elections of the past, many, the most recent was george w. Bush and al gore. Andrew served as his chief of staff and at the heart of the postelection standoff that we remember any joins me now. Thank you for joining me. It is great to be with you, thank you for having me on. Gerry do you see any realistic route to the presidency so he can be inaugurated again for President Trump from now on . You have to run the table and i dont think he could do it, i do not think there is a viable or credible route for donald trump to claim that he was reelected and should have the votes from the Electoral College. I think his timing has come and he should acknowledge that in transition so President Biden wont have to climb a learning curve if donald trump is a way to give them any information, i think he will help meet the challenges in the National Security arena and there are many and obviously he has to give information that helps with the distribution of vaccines and care for the challenges of covid19 going on right now. We have a raging epidemic and we desperately need the president to be on top of what is going to be happening in donald trump is not going to be president at noontime on generate 20th, at least i dont think he will be and we want the president elect biden to be fully prepared to be the responsibilities on moment one of the inauguration. Gerry the president supporters say they experience that you went through in 2000 which lasted 36 days after the election and al gore challenged and went to the courts and the repeated challenges into the Supreme Court, they say they have every entitlement to do the same thing, why shouldnt they do that . They can do that, im not saying donald trump should give up his right to question the vote or call for recounts, georgia was in the midst of a recount because of their state right now, i think if there was a recount and every one of the States Donald trump would still not be able to make up the difference of where joe biden is and i dont think the donald trump has a credible path to winning the Electoral College right now, it is a math reality, does he have the right to question it, yes im not saying he should not question or challenge it. At the same time i think you should acknowledge that there is a likelihood that joe biden will be president and i hope he would want joe biden as president to be as fully prepared as he should be on day one to meet his immediate concern that we have with regard to the pandemic and the reality that the world is not very stable right now. Gerry from your experience in 2000 which went on for weeks after the election, how much behind the curve do you think president bush was as a result of the long process and how important is it that the president elect get ready this way. Elected george w. Bush he was not given until they made the decision to middecember. He had a very short formal transition, the obama administration, the Clinton Administration was very good and allowing george w. Bush to get Intelligence Briefings soon after the elections in november, he did have the benefit that some Intelligence Briefings, he did not have the benefit of being able to accelerate the process for getting people confirmed to take on the massive challenges in government. In the 9 11 commission after the attack on 9 11 did a review of all that led up to the attacks on 9 11 in one of the things that they cited that america should do is make it such during transition that the president elect will have access to the intelligence and be able to get people ready to take positions in the Intelligence Committee and the military community and that mightve mitigated the problems of 9 11, that was in the 9 11 Commission Report and George W Bush an instituted changes when his success was coming into office, barack obama he had access it as did the other candidates running for president at the time to the intelligence and be able to get people within excel liberated process to get the security clearances so they could help the president do his job on day one. Gerry very quickly if i may, do you think the president continuously insisting the election was rigged, do you think he is doing significant harm to faith in the electoral system . I happen to be the chairman for democracy whose job is to help spread democracy around the world, our democracy looks tarnished today because of her President Trump is claiming that things were fraudulent, the election was stalling, there is no evidence of that at all, i think you should expect the results in the voters and he should celebrate that he got a Record Number of votes, he got the second most votes of anybody running for President Joe Biden happened to get more votes than he did but we just had a great celebratory participation of democracy in this country by so many millions of people voting and we should be celebrating that but he should recognize that the time has come for him to say the baton will be passed to joe biden who is a legitimate president elect and they shoul President Trump should leave office with his head high. Gerry does President Trump have a case for his allegations of massive voter fraud pushed mark jim trusty will break it down jim trusty will break it down you work hard for your money. Jim trusty will break it down stretched days for it. Juggled life for it. Took charge for it. So care for it. Look after it. Invest with the expertise of j. P. Morgan, either with an advisor or online, through chase. After all, its yours. Chase. Make more of whats yours. Noand if youre troubledan a lifby falls and bleeds,ers. Worry follows you everywhere. Over 100,000 people have left blood thinners behind with watchman. Its a onetime, minimally invasive procedure that reduces stroke risk and bleeding worryfor life. Watchman. Its one time. For a lifetime. Dcoughings not new. This woman coughs. And that guy does, too. People cough in the country, at sea, and downtown. But dont worry, julie. Robitussin shuts coughs down. Now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Its made for this guy a veteran who honorably served and its made for her shes serving now we made it for all branches and all ranks whether they served one tour or made a career of it. We also made usaa for military spouses and their kids usaa is easy to work with and can save you money on auto, home and renters insurance. Become a member today. Get an insurance quote at usaa. Com quote usaa. What youre made of were made for gerry President Trump is continuing his uphill legal battle to remain in office, with the margin in the key states with tens of thousands of votes in the Trump Campaign leading to the return where they stand and three of the states, what are the odds, former federal prosecutor if perhaps law partner jim trusty, thank you for joining us. Thank you for having me. What is the best route for President Trump if he has any chance at all to overturn these results. He has got to have a couple big victories and one might be a little different than the others in pennsylvania is in play because of constitutional issues, the state Supreme Court changing the rules of the election midstream and the possibility that they did not segregate the ballots that were affected by the change, that is a constitutional challenge, one the Supreme Court is aware of and that has some potential in these got a win in another state of intentional fraud which means proving up with detailed facts that there was fraud in an affected the outcome. Gerry the state legislatures are responsible ultimately for submitting the electors and some of the states which republican legislators could throw out the results of the popular vote and say were going to appoint these because the popular vote was so unreliable, we can do that is not a plausible outcome . It is a possible outcome, the last time we seen something was in the 1800s, it is available with political dynamite as you can imagine. They thought they would declare on their own that there fed up with the state system and the vote cannot be considered fair and they can elect their own trump electors what appears to be a popular vote, whether that has a realistic politically happening is probably whats legally available but it is a possibility. Gerry the president insist there was widescale fraud and is trying to get the results turned out in several states, much of the media has told us there was no fraud, the truth is something is in between, there is fraud in every election, its a myth to suggest there was not fraud and that there is an fraudulent activity that goes on. If you are waiting for the perfectly clean election year, you will wait a long time, theres always going to be incidents of fraud and also incidents of gross negligence and air but i think what is interesting many lawsuits might not have a whole lot to them but at least some that i looked at have sworn declarations that are pretty darn intriguing, you gotta be able to prove misconduct but also the harder part which is it can change the outcome, the scale and the magnitude of the fraud has to be more than five dead voters, has to be something that is going to reach into the thousands to change the tight but still difficult races when it comes to this years numbers. Gerry very quickly we have to wrap, the widespread use of mailin ballots, is not something that increases the likelihood of fraud and manipulation and air . I think so, when you lose the ability to have people come in person and show whatever form of identification they might be required to show, it opens up a box for possible fraud, my hope that is no matter what happens with the lawsuits that eventually there is a full autopsy of the mailin system and we can identify some of the ways less than the outcome of fraud or lessen the possibility of fraud. Gerry my thanks jim trusty, thank you very much indeed, we will talk to a member of president elect biden covid19 15 to figure out what he might be planning. Stick with us. Cell phone repair. Did you know Liberty Mutual customizes your Car Insurance so you only pay for what you need . Just get a quote at libertymutual. Com. Really . Ill check that out. Oh yeah. I think i might get a quote. Not again aah, come on rice. Do your thing. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. To syour body needs routine. System, and well make your first months payment. Centrum helps your immune defenses every day, with vitamin c, d and zinc. Season, after season. Ace your immune support, with centrum. vo verizon 5g is here. With the coverage of 5g nationwide. And, in more and more cities, the unprecedented performance of ultra wideband. This is the 5g americas been waiting for. Only from verizon. Adapting. Innovating. Lsetting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Youre choosing whento get connected to xfinity mobile, to the most Reliable Network nationwide, now with 5g included. Discover how to save up to 400 a year with shared data starting at 15 a month, or get the lowest price for one line of unlimited. Come into your local xfinity store to make the most of your mobile experience. You can shop the latest phones, bring your own device, or trade in for extra savings. Thats simple, easy, awesome. Visit your local xfinity store today to ask, shop, discover the latest on xfinity mobile. Itsale on the new sleep number 360 smart bed. What if i sleep hot . Or cold . No problem, with temperature balancing, you can sleep better together. Can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise, prove. Its the final days to save up to 700 on the new sleep number 360® smart bed. Plus, 0 interest for 36 months on all smart beds. Ends monday. Gerry great news on the pandemic this week when we learned that a vaccine for covid could start rolling out in a matter of months. But of course it wont be in time to prevent what is clearly a sharp spike in the virus again. The u. S. Sit a new single day record this week and on thursday the u. S. Centers for Disease Control and prevention predicted there can be 280,000 coronavirus deaths by december the fifth. President elect Joe Biden Covid advisor michael calls these the darkest days of coronavirus and says the shutdown is the cure the economy needs. We can pay for a package right now to cover all of the wages, lost wages for individual workers, for a loss of Small Companies to mediumsize companies or city, state, county governments, we can do all of that, if we did that we could locked onto 4 6 weeks. Gerry he did subsequently walked back those remarks but what are his priorities for getting covid under control, here to discuss is a member of the covid advisory board. Thank you for joining us. It is my pleasure, we know his remarks were subsequently disowned into fully by himself by others, obviously it is a moving target, we have a huge increase seems to be taking place and over the next few weeks, how do you see this, what is the approach the biden teen is likely to take. I think its important to clarify that the biden harris advisory board, we were selected for our diversity whether that is diversity of expertise, diversity from a gender and race perspective and diversity of opinion. We are not going to agree all the time but the consensus of the advisory board, we do not need the draconian lockdown, shutdowns that we had in the spring and we have learned enough over the loss several months to be much more targeted about how we tighten up our measures. I think of it like a dimmer switch whereas before we had an on and off light switch. We could dial up and dial down in a much more granular fashion. Some of the places that we know are big contributors to transmission our indoor restaurants, bars, gyms and also private social gatherings of friends and family in the home. Those are the places that we need to target foreclosures while keeping other services, schools that have not been major contributors to transmission, they are not 0 risk but much lower risk and their inessential service so we are prioritizing keeping schools open. Gerry as you say obviously the u. S. Is a federal system and it has a fast work approaching, im in the new york city and mayor worn schools will be shut down and other districts have kept schools close and not reopen them, there is not a consistent patent, im wondering if that is part of the Biden Administration ideal that they would get consistency across the country . We certainly do, we need to have a National Response because infection disease is across borders and people travel across borders, whether work or personal reasons, it is impossible to control Something Like this unless you have a national plan, we have seen the virus like dominoes falling spread from the major cities on the east and west coast and cities in the country, suburbs and rural areas so you really cannot control it in one place and not see it pop up in anoth another. Gerry as you say, if we did see an acceleration cdc is talking about 280,000 deaths another 40000 deaths in the next few weeks and were coming into winter more people indoors, the risks are obviously greater, if things spiraled like that, could you see the case for a wider lockdown . I think this is where we each need to take personal responsibility, each and every one of us needs to mask up, socially distance, when we are around other people try to emphasize doing the outdoors, get tested in different contact tracer calls you up, work with them, it is that information of understanding who is getting infected, and what settings and why is it spreading, that is the information we need to control this. This is in everyones power to prevent a shutdown if they take those measures. Finally, were almost out of time president elect biden has talked about a federal mask mandate is that something you think we will see . I think we will see people highly encouraged to wear masks whether that is through mandate or other measures, i think sadly masks have been politicizing, it would be like politicizing toilet paper, this is a hygienic measure and really should be seen as such, its cheap, effective and does not get in the way of the economy. Gerry it doesnt sound like youre proposing dramatically Different Things from the Trump Administration to be fair, is that fair . I dont think that is true, were talking about dramatically scaling up testing for example while the Current Administration has been actively discouraging testing, you cannot control the virus if you dont see where it spreading and asymptomatic cases are invisible to us without a massive scale up of testing. Gerry thank you very much indeed. Coming up biden supporters sent a clear message to Business Owners ahead of the election. Join us all or suffer the consequences. At Fisher Investments, we do things differently and other Money Managers dont understand why. Because our way works great for us but not for your clients. Thats why were a fiduciary, obligated to put clients first. So, what do you provide . Cookie cutter portfolios . Nope. We tailor portfolios to our clients needs. But you do sell investments that earn you high commissions, right . We dont have those. So, whats in it for you . Our fees are structured so we do better when our clients do better. At Fisher Investments were clearly different. My husband would have been on the sidelines. But not anymore an alternative to pills voltaren is the first full prescription strength nonsteroidal antiinflammatory gel to target pain directly at the source for powerful arthritis pain relief. Voltaren. The joy of movement. We love our new home. Theres so much space. We have a guestroom now. But, we have aunts. Youre slouching again, ted. Expired, expired. Expired. Thanks, aunt bonnie. Its a lot of house. I hope you can keep it clean. At least geico makes bundling our home and Car Insurance easy. Which helps us save a lot of money oh, teddy. Did you get my friend request . Uh, ill have to check. doorbell ringing aunt jonis here for bundling made easy, go to geico. Com. Hello . Gerry crowds danced in the streets of cities when tv networks declared joe biden had won the president ial election, in many places the celebration took place in storefronts that had been boarded up in advance to protect the Business Owners from what mightve happened if the results of knock on the right way. It was an instruction of position capturing something troubling about the political realities in the country over the last few months over the last few years, the message from the celebrations was the message that they are used to target Business Owners for years. Supporters and everything will be fine, if you dont support us we will buil berdin your buildis instill your property, the media has been telling for months that President Trump and his supporters threatening the democratic process interfering with the postal service, suppressing voters, intimidating pulling workers. None of that was true, the only real threat of disruption and intimidation is attested to by the boardedup stores, if it had gone the other way the country would be on fire right now. So you might well ask, what was the real threat to democracy. That is it for us this week, the later show, follow me on twitter, facebook, and instagram and i will be back with more indepth interviews with the wall street journ prey thank you for joining us. Barrons roundtable sponsored by invesco qq. Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead im jack otter, covid19 vaccine is on track for fda approval, how will it be a distributed and when available. Richard joins us in later, what the vaccine news means for your investments and whether its time to adjust her portfolio but we begin as always with what we think are the three most important things investors ought to be figured o