bill: he could spend a billion. a clear disfaction with joe biden at the moderate. a lot is a facade. you look to early states like iowa, new hampshire where biden is struggling and look at fundraising numbers, $8.9 million cash on hand. the vast majority comes from big dollar donors, not grassroots small dollar donors. 38% have maxed out. if you want to go the distance where is the money going to come from and facing somebody like michael bloomberg with deep pockets? bill: is he in or not or does he make a good candidate? he sent up a trial balloon. it has seismic impact on the current democratic field in large part picking up on what lisa was talking about. you look at the fundraising. i think wall street is they re going out of their minds warren and sanders are doing so well. with biden looking uncertain
and not having a ton of money, what you get is a sense among people like bloomberg, steve ratner and others on wall street. oh my god, elizabeth warren might be the nominee. it s halloween again. for them they think wait a second, mike bloomberg, come on in. let me just say that there is a strong response. the idea of another billionaire in the democratic field. sandra: what does that say? i don t think the populists are anti-wall street, anti-billionaire. they think there should be higher taxes on them and remember that bloomberg despite having put a lot of money into the virginia race and helped democrats greatly. he is a guy who was for stop and frisk in new york city. a guy that is viewed as maybe a moderate, if not even a centrist democrat. warren is spooky. you mentioned halloween. sandra: warren responded to this and said this.