between banks. so between 1930 and about the mid 70s, if you needed a transfer, or to wire money to someone, basically this had to happen on a telex. without getting too technical, this is how the process work. you went to the bank, business, maybe an insurance company, to about the message on the keyboard, which was transferred to a piece of tape, which was coated. then, you would use a rotary phone it to call the bank receiving your transfer. when they answered, your message went through a tape reader, the person on the other end, manually took the message down, and the rest of the transfer goes on from there. as you can imagine, this was far from a foolproof system. it was hampered by low speed and security concerns. sanders had serious crime every transaction in detail, sentences which were then interpreted and executed by someone else. it was the perfect storm for human error. then, in 1973, the swift system was created. it stands for the society for worldwide inter bank financial
can you think of a time where we have had be dominic dominic france be the negotiators for america? the fact that we cannot be world leaders because they had they disrespected us, don t like us because we messed up our foreign policy we cannot call saudi arabia can t call anything right now. we have to negotiate their country that is one-tenth of our size and gdp. to me, softly set. president of the united states to be able to pick up the phone and affect change. may become the type of fun. if it was a rotary phone, biden will be all over it. very simple, for real. no. you know how many wrapped around his neck? no. [laughter]
the race for new jersey governor also happening tuesday. but its outcome is an equally important barometer of democrats staying power looking ahead to next november s mid terms. we have the history making potential writing in the new republic if phil murphy holds his lead and wins, he ll be the first new jersey democratic governor to be re-elected in decades. joining me is democratic new jersey democrat, phil murphy who s running for a second term. welcome back to the sunday show. thank for having me, jonathan. good to be back. i m not hearing the governor and i don t know he can hear me. we ll try to fix our audio. i want to read you something else while we do that that dean obidala wrote. the last time a democratic governor won re-election, the top film was star wars, the original. disco ruled the air waves and social media was using a rotary