Transcripts For BLOOMBERG With All Due Respect 20160702

Challenge that american policymakers are grappling with right now as a result of brexit, assuming it happens. . Al the American Economy is doing best of the western economies, but it depends on how they do. Europe for all of its problems is not unimportant, and this. Is it will cause a downturn not just in Great Britain but also on the continent, and that affects the u. S. There is nothing we can do about it, but that is the fear. John do you think the economics are more disconcerting to american policymakers and potential security implications dealing with all the various things that america has to deal with in terms of how europe can run middle eastern challenges, terrorist challenges, etc. , etc. . Al pigeon has been a real concern. Putin has been a real concern. Great britain has been an ally in most of the confrontations we have had. Back to the way it was in the middle east, but they really have been. If it is a weaker britain, that is a problem for us in security area. Mark i would look at the macroeconomic policies of Hillary Clinton and donald trump and their proposals. Just talk about the vagueness of trumps proposals and where the big holes are. Al let me just go to clinton for a moment. Thisf her big, she has obsession of saying i am paying for everything. She really doesnt, but she tries to argue that. Ar infrastructure, she has two and 75 billion infrastructure plan. Nobody who thought about what we need, bridges and highways, no one thinks that is adequate. She will have to double that, but she will not raise the gas tax proposed that or deal with the carbon tax. How she will squeeze that together will be difficult for. But trumps problems are, as he would say much huger. It is not to get unemployment down, rely on trade, protectionism, lets just take his tax plan. It is going to cost 10 trillion over the next 10 years. I want to see one or two supplysiders he has charged with reform to make it palpable. Toy say we will get it down 3 trillion, it will be supplyside, and it will be middle class oriented. You cannot do that. Incumbent upon, we need to stay upon him, stay on him on this tech stuff. Mark more reasons to take a plan from 10 trillion to 3 trillion . Al that is what he said, cut it by two thirds. I have a feeling the principle is going to run away from him. You just cant do it. You cant make a supplyside tax cut, was generally doesnt go and penalize the wealthy, if you will, and have a big middleclass tax cut without raising any taxes elsewhere. It is not feasible. John let me ask you about the politics of each of their economic proposals within their parties. Always been seen as a centrist democrat, new democrat in that poll, no she is the presumptive leader of a party that is much more, in terms of policy preferences, closer to Bernie Sanders. If you have political problems with her proposal on the left of her own party . Al i think that donald trump assuages a lot of those fears, john. Otherwise, she might. Redhas already thrown some tape on the union pacific, was she opposes. Go halfway on higher education. She will not go as far as bernie went. She will give something on rhetoric on wall street. But i think one of her biggest a moments, and we said ago, infrastructure. That is something all democrats should agree on. Million, i hate to say it, that is small stuff. That will not get you many highways or bridges or airports. The vpl, in context of stakes choices, the Term Campaign says he will pick someone who is clearly qualified to be president. People who are said to be under consideration, would you think fits that bill . Al bob corker. I dont think he will pick him, but bob corker hits the bill. On the democratic side, tim kaine. Mark do you think Chris Christie would meet that bar for most people al not like bob corker. He is an immensely unpopular governor of new jersey. There is still a little bit of a scandal hanging over him. It would be a harder sell. It would not be as hard as other people. John what about newt gingrich, yes or no . Al that would be my dream. Can you imagine the family values party, all the stuff he said over the years . We could turn on a tv show every day. John on your behalf, we are praying for newt gingrich. Thanks, al. Still ahead, a pair of Supreme Court rules with big implications for the 2016 president ial race. Begin the breakdown from nbc news. Mark joining us now from outside the Supreme Court in washington to talk about the Supreme Court ruling, p williams. Lets talk about the Abortion Case out of texas. I said that Justice Kennedy had never voted or was not reliably prochoice vote on the court. He voted on the prolife side. Where does Justice Kennedy stand now in terms of abortion and the role of the court . ,ete partialbirth abortion the court struck down a nebraska law the stock these socalled partialbirth abortions. And then Justice Kennedy wrote the decision, which alarmed advocates of abortion rights. I think that was a bridge too far from him. This gets back to the main holding of land. Heard, the case 25 years ago this gets back to the main ,olding of planned parenthood the case 25 years ago. Doctors needing to have a knitting privileges in nearby hospitals, and the Surgical Centers with staffing, equipment, so forth. They add to the obstacles that make it harder to get an abortion, but they dont add any medical benefits. He said that is an undue burden, echoing the less language of casey. During the oral argument, kennedy seemed not to be willing to go that far. He seemed concerned about the contacts in the case. About the facts in the case. He wanted to see which law caused which clinic to close. He knows they were differently, but he joined the four more liberal justices, and i gave the 53 ruling that would have had this aim outcome even if Antonin Scalia a had been on the court. John talking about other states around the country, there are a bunch of states that have similar provisions with texas law. Some of that should have been modeled on texas law. What happens now in all of those states . Immediately, nothing. This ruling applies only to texas. But the opponents will take that ruling, go back to court and they, look, the same logic appeal is applies here in our state, we want these laws struck down. I will expect they will win. Those laws are going to be in big trouble. And this wedge of laws, this doesnt or so laws like texas, for opponentstegy of abortion. After years of going after the patients by restricting womens access by saying you have got to have counseling, awaiting period or reducing the period of time legal him aon is they say that is not working, lets go after the doctors and clinics. Today, they lost. Mark how do you find that unanimous ruling from the judges . Different from the prosecutor, the federal prosecutor sees it as not only a good prosecutor but earns a conviction, how do you reconcile that with the unanimous view of the court . Pete are you have to do is hear the oral arguments. There was not a single justice that was the same cheerleader for the prosecution about mcdonalds. The same justice that wrote this opinion say it is staggering with the former governor did. But it was an official act. He violate the law if you take Something Like cash and gibbs, performing acts. So what is an official act . The kind of stuff that governor mcdonnell did, setting up meetings, talking to staffers, lunches, that is gardenvariety stuff officials do all the time. That is not an official act. An official act, they said, as when you have a decision pending and you vote on it or influence that decision. As a technical matter, the case is set back there in the Appeals Court can look at it and see if there is a point for retrial. Basically, they send the prosecution back severely handicapped. Not only this case, but thisll make it harder for prosecutors to bring Corruption Cases against other public officials. Those two legislators up in new york state, their cases are on hold waiting for the Supreme Courts decision for their sentence. The lawyers for robert menendez, who faces a corruption charge on the federal government that he did favor an eye doctor from florida in compensation for travel, that can be affected by this. Every time the Supreme Court rules to toughen the corruption laws, it takes a while for it to work through the courts before you really know how they will affect us at hand. Mark p williams at the court, thank you very much. John coming up, with all due respect, meet the press. Chuck todd joins us. Mark welcome back on a very busy news day, we are talking about the dueling speeches we heard from the present of nominees. Joining us now is the host of meet the press and meet the press daily, chuck todd. I want to start with trade. Take out, take control for the variables, but take out the identities of them, just the notion of, a president ial candidate, running as a protectionist, is that on balance better or worse if you are trying to win the electoral vote . Chuck i would have said it would be worse. It seems that we are back in the 70s, it did not work. Protectionist, the democrats at that time for the party of protectionism, just think back to walter mondale. The reason they turned to bill clinton, they were looking for a free trading probusiness democrat because they thought they could not win. It is sort of, we are in a new time of how americans view trade deals, the way americans feel about the way the economy, the way globalization works for them or has not worked for them. It is even more stunning to me to see the republican nominee go entirely free trade and had pink and having groups like the u. S. Commerce, probig business, profree trade, republican leaning organizations having to trash the republican nominee. John what struck you most about trumps speech today . I was struck by how much he seems to live rhetorically from the brexit leave campaign. Did you notice that, i am sure . But what else struck you . Issue this is the one that he has never wavered on, so he has more credibility rhetorically on this issue. Of, he ownsan sort this in a way he does not own other issues. If you go back, the first time he jumped into politics, and to criticize and administration was in the 1980s, and it was over japan, bad deals, bad trade deals for america. I feel like of all issues he has taken a position on, this is the one where he is most consistent, and you can tell that there is some genuineness behind it, if you follow him over the decade. Mark Hillary Clinton felt pressured by Bernie Sanders to. E more skeptical of free trade you think that she will draw a line on this against tromp, will should try to do with what has been, as you pointed out, winning in president ial politics, which is more of the free trade . Chuck i think she is totally conflicted on this, and you will see a very cautious when in doubt, but she is cautious about where the public is. Much suddenly a very cautiousness there. I dont know how she comes across as the antitrade nominee at this point. I think the brand name of clinton does not stand for that, the brand name of obama does not stand for that. So Bernie Sanders mark i agree with you. Chuck i think this is a real challenge for her. She does not want this campaign to be about trade deals, let me put it that way. Ahn there is a situation in speech where she said, it is the passive versus the future. Other familiar those are familiar terms for clinton. I will talk about technology and innovation. That is what bill clinton did in 1996 when he tried to build that bridge. Is that the way she gets out of this conundrum by trying to picture herself as an avatar of the future . Chuck and to make trump personally a throwback, not capable of this. Of,ets at the heart of sort what is the big idea of a president clinton . What is she going to do, what is she going to tackle . She does not have that big economic idea that supporters can wrap their arms around and feel is this, ok, for better or worse, trump is saying, i am going to throw away every trade to let has happened. He doesnt want to save trade war per se, i think, but he is basically saying yeah, so what if we start a trade war with china . We need to shake things up. What is she going to have in their, on the economy, a big idea in the first 100 days . Right now, it is a lot of people meddling in policy proposals she is putting out there. That does not seem like she has this big thing that the frustrated middle class, workingclass voters can wrap their vote wrap their arms around. Mark so that takes us to the trade from the nbc wall street purnell journal poll. She is doing better on the economy. I wonder what her lack of definition is part of that. You think on balance, voters are familiar with trumps prescriptions and favor those, or they like the fact he is a businessman . Chuck i think he has a businessman halo effect. I have heard this from many consultants over the years. It takes a long time, it takes a lot of work to chip away of votersrception a perception. It takes a long time to chip away at that. Donald trump himself arguably chipped away at has persona sometimes. That is part of it, but the other part is, she still has trust issues. What is amazing about the nbc wall street poll is that this is among the worst polls Hillary Clinton has ever had. Except, because it is in comparison to tromp, it looks like a good poll for her. If you extrapolate, if you take out the headtohead, there is not a good number in here for her. I am trying to find it. There is not one. John talk about the benghazi reports today, it seemed for a long time, at least since october when she testified benghazi has been at debt issue except for the hardcore republican conservative partisans, today, can we officially say, given what is in this report, politically, it is no longer a problem for her, or are there still landmines that would actually move voters in the electorate, generating outrage among far right conservatives . Chuck lets separate the issues. Benghazi, conspiracy theory, dead. The idea there was somehow a purposeful action made or not made around a failed rescue attempt of ambassadors, things like that, that door is shut. What is not shut for her is mismanagement of the middle east. Why was benghazi unsafe . The initial libyan policy in the first place. There is still vulnerability for her. Where trump can take advantage, i dont know. Republicans did not help themselves when they kind of put out these two reports. Thato he was not part of enough, we will put out a separate report. They trashpompeo, clinton. They separate it out, italy presents Republican Party it only represents a Republican Party that was not satisfied with its own conclusion. Mark and that is because the share speaker of the house would not let trey gowdy into this . Chuck i dont know. I thought trey gowdy was more than capable of handling this. Im trying to figure out is why did this option, why was it allowed to have done, maybe jim jordan is someone that a lot of leadership is always nervous about. He sort of straddles the fence between the establishment and the freedom caucus. I dont know what it was, but it strikes me, they undermined their own report. When you are not speaking with one voice, then you might as well not be saying anything at all. John chuck, we had this incident in turkey. We dont know that much at this hour, but do you have any sense of the politics of that at this early stage . Chuck i wouldnt. There is no more important and challenging country for the president , for any president to deal with, then turkey. The challenges that turkey faces, their own domestic terrorism issues, plus isis, plus syria, it is no wonder this is not a weekly occurrence in turkey with terrorist attempts. Mark terror every day almost around the world. Thank you very much. Coming up, we hear from the former chairman of the Republican Party might duncan and democratic strategist. You guys be good. Ill see you later [ bark ] [ bark ] bye. See ya pal. Ever wonder what your pets do when you leave home . [ laughing ] aw you cutie pie. Aw. Aw. Aw. Aw. [ barking ] [ washing machine running ] partys on know what your pets are up to with xfinity home. Xfinity. The future of awesome. See the secret life of pets, in theaters july 8th. By switching to xfinity x1. Rio Olympic Games show me gymnastics. X1 lets you search by sport, watch nbcs highlights and catch every live event on your tv with nbc sports live extra. Im getting ready. Are you . X1 will change the way you experience nbcuniversals coverage of the rio Olympic Games. Call or go online today to switch to x1. The set design for the Republican Convention, joining duncan andike democratic strategist and delete. Penny lee. Chairman, what do you think of this moment, based on your instincts, what is the likelihood there could be something that could this route disrupt the preferred flow of the Republican Convention on the part of the Donald Trump Campaign . Disrupted, that is why we are having a business session in two parts on monday, you will see the sausage made, the credentials committee, only five contest compared to 21 contest in 2012, the rules committee, the platform committee, we will get most of those things out of the way and the next moment will be when we call the roll and nominate people for president and vice president. Peggy, what do you think about the Democratic Convention there might be, a chance for some kind of chaos in philadelphia, what is your thought. Peggy it would be unusual, we saw that in 2008, we did have some of the very loyal Hillary Clinton supporters hold out until the very end until the boat was on the floor. Interesting going forward. You will start to see what Elizabeth Warren and other progressives starting to unite and get behind Hillary Clinton, that will alleviate some tension that might be out there but Bernie Sanders is still running, we are waiting to see. Do you think having a good convention is still vitally important or given that they are back to back and in a different age of social media, it does not matter as much . Penny i still think it has an impact, people still will tune in, and sometimes for the first time see the choreography of it and how mrs. Clinton could relate and how she presented what her speech will be, i think that it does affect some people in also a race in which both candidates are very well known. Not a lot of secondguessing. It is still important, the choreography, watching for there is not a mistake. Something that can be blown up on social media and take you off your message. Mike the number one goal for there aren 2012 four times people painted to come up when you consolidate the nomination, at the convention when you are defining yourself, the debates, those are critical and more critical this time, the last is your organization, get out the vote. Are you going to be going to the convention in cleveland . 12th absolutely, my convention, my tent as a delegate. Big Party Players not in cleveland for one reason or another, how big of a problem is it for donald trump that the not showof ohio may up, john mccain will not be there, mitt romney, the bushes . Mike i do not think is a problem because as a political operative i have advised candidates not to go to the convention, the choice to stand on the stage on the convention and have a twominute speech or be in your district working and in many cases they need to be back in their districts, the party is coming together, the polling numbers, we are coalescing, you will see that on thursday night when the nominee stands before the convention and gets his vision for america. Let me stick with you, you gave the advice to candidates to stay in their district, that is asking,question i am whether for mr. Trump this is a problem that the past three republican or for republican president ial nominees, no one who has been nominated, maybe bob dole, pretty much all staying home, is that not an optics problem, the leadership is boycotting . Mike i think not, because he is such a nontraditional candidate, it does not matter as much as it would for others. In some instances, it would be better for donald trump if the establishment boycotted him. He benefits from being the outsider, people want change in the selection, you see it in europe and around the world, you will see it in the United States. A degree to which you all are watching the Republican Convention in your thinking, donald trump is a showman, this could be a huge, incredibly impressive convention or are you betting on a firsttime candidate not pulling it off . Root you never want to against somebody, you want to make sure your candidate is well prepared and doing what they need to do but absolutely, we will be watching this convention, this has been completely untraditional campaign to date. Whether it be conducted in 141 characters on twitter, you will see a dynamic platform or a dynamic convention. One that can go either way, it will he say scripted, will he tearing into his own fellow republicans for not showing up, all these different kinds of personalities in which could take over. It will be fascinating and interesting to watch. This is something that is in his control, a highly scripted event if he wanted to be, that is what everybody will be seen, whether or not the scripted donald trump and the person who is pivoted or will this be the awfully cop uncontrollable donald trump. All the cup uncontrollable donald trump. The terror attack has interfered with our questions but i want to ask, if you were paul matt forte and other high command in the donald trump side, what is your unknowns . Mike make sure people understand what the game is and what the goals are, i think he has a long way, a good team, they are helping the whip, the uncontrollable is the timing of the convention, you have to make sure you hit the marks, i do not know what marks donald trump wants, an hour of primetime or three hours, i do not sure who the mainis as speakers, the kinds of things you think about it you are putting a program together. How big a deal with this before Hillary Clinton, she is a wellknown figure among most americans, everybody has an opinion, her speech will matter, what does she have to do and how important is it . Penny she needs to continue to reassure the American People that she has a vision for how the country should be moved forward, she also needs to be human and she needs to show her own personality and express empathy. Some of the tone in which he has been criticized for is that there is a distance and a disconnect between her and the American People, so she needs to show compassion and empathy, in a contrastn you have with republicans, she needs to show a competency, and a steadiness. When you have a republican candidate who has been as reckless and careless with his words and quick to react, i think her steadiness will be a strength in that convention. Donaldext talk about trump and dragons on rollerskates. Nicole wallace and her dreams and demons next. Donald trump clearly needs to change in my opinion to win the general election. I have said to him publicly and privately, you are a great entertainer and turn on audiences, good before a crowd, a lot of twitter followers, that worked fine in the primaries but now youre in the general, people are looking for a level of seriousness that is conveyed best buy being prepared and having a teleprompter and staying on message, my hope is that he is pivoting and beginning a more serious and credible candidate for the highest office in the land. Dallas Mitch Mcconnell dallas Mitch Mcconnell speaking to new york one. Joining us now is former Bush Communications director nicole wallace, she wrote an oped for todays New York Times titled gop waits and waits for donald trump to grow up, it reads, Party Leaders have watched the last eight weeks of the truncated cb way you experience a chase scene in a dream or your and never move fast enough now run the three headed dragon on most dates. On rollerskates. Mitch mcconnell seems to be exhibit a, listening to the wallace doctrine. Nicole it is intractable, everyone waiting for something that will never happen and donald trump is waiting for respect and he feels he is entitled to it for what is undeniably a massive political accomplishment after losing in wisconsin, he won every primary after that by massive margins. He thinks he can transform the Republican Party, leaders are not impressed. Kim find cause to review every seven days and i wrote the piece before i saw that today john mccain review and for his position on waterboarding. Review kim for his position on waterboarding. Hall ryan, donald trump makes them criticism more measured and in the mold of what they want. Win, when hents to stumbles after wisconsin is a good example, after the last month which has been roundly criticized as a wasted time when he could have been beefing up his campaign, raising money, he has racism scandal after racism scandal, he called a judge in mexican and said he was biased against him, he got himself tangled up in all sorts of trouble from his unscripted moments, mostly on morning talk shows. I do not think they are mutually exclusive, growing as a candidate is normal when you go from being a reality tv star to the nominee of a party but this idea that everyone is waiting for him to be normal is a fantasy. You about whatk we saw from donald trump in the last 24 hours since the assembled attack, he says we istanbul attack, he says we have to fight the way the terrorist fight, be super violent and not be so constrained by the laws we have on the books, is that helping him or hurting him . Nicole helping him clear a different threshold, i saw your comments as an obvious problem and his point of view that we are not them and that is the very point so we cannot engage in their tactics. His numbers on the question of terrorism are about the only ones that held up during what forthe most abysmal month any candidate for the presidency i can remember, he only placed, where he had advantage over Hillary Clinton was on this question of who do you trust to protect us from terrorists or who do you trust on the question of terrorism. He is on solid political ground but the question when asked about who is most qualified to be the most commander, she still has the advantage. In some ways he has the public behind him when he talks about being tough on terror, people view a terrorist who would kill innocent people in an airport, children and families going on vacation, the targets of yesterdays attack, they viewed them as animals and most people, it even while a debate is in congress, john mccain came out against enhanced interrogation, many members of the public remained supportive of doing whatever we had to do to defeat them. Donald trump is on solid political ground is not the kind of ground you stand on if you are trying to pass a credible commander in chief test and while you seat National Security leaders, people who have worked for republican president s coming out to endorse Hillary Clinton. You have laid out the conundrum, political advantage in terms of how he addresses these issues and more fundamental test, if you were advising him, if he called you and said, how should i talk about this, how much should i moderate, what would your advice be and how to balance those two objectives . Nicolle a great piece came out president whonext wants to waterboard needs to bring his own budget, i would to find outd trump what experts think on this question and that is the very point of the piece, why isnt he on the phone with policy experts , terrorism is an opportunity for donald trump to fix his political problems which is that he needs to close the gender gap, get more married women to trust him on National Security more than they trust Hillary Clinton, why isnt he spending the same amount of time he spends on twitter and on tv talking to really smart policy people like mike hated or does mike hayden. Think of tedu cruzs posture towards donald trump . Nicolle the largest growing group of voters is republicans in the senate, their group is undecided. Mike lee said yesterday he was not sure he would endorse. Endorsed. H has not when jeb bush said he was not going to vote in the president ial contest, he got flack but it is now a position and sort of a price for cruz paid a saying he did not know what he will do . Nicolle if you cannot pull the lever for donald trump, that is a powerful statement, whether or not he will pay a price with the huge bunch of republicans, sometimes 80 Approval Rating among republicans, Republican Voters want to see Republican Leaders get behind donald trump, very possible he pays a price among voters. They never Donald Trump Movement nicolle never viability. Will there become more pressure on republicans to get in line . Nicolle they will have to stake out a position, two doors, vote for Hillary Clinton or donald trump, this idea that they will sit it out, voters will i am an undecided voter. Out my therapy process and im waiting for him to get better, i find it inexplicable that he cannot read the Leaning Tower and had anything more intelligent to say then the nature of the enemy we face and how to buy them. Getting on amazon to find the looming tower. We will come back and talk about the terrorist attacks in turkey with the former chair of the cia after this. Vonnie they were welcome the, still grappling with terrorist attack, joined by the former director of the civil Central Intelligence agency, james woolsey. What could the u. S. Government be doing that was more aggressive than president obama is doing to fight terrorism . Game as if we were the hockey goalie and any shot on net in the hole season gets through, we lose everything. We have to do a better job of getting inside the heads of our enemy. One thing is to call them for what they are, jihadi, islamist terrorists, not to mince words the way the president does. You cannot work effectively on something if you cannot talk about it. Notice ofis to take the fact that we will have to make some serious compromises. We all want our privacy. We all want security. In a normal, average pleasant day in the United States and other parts of the world, security and privacy do not clash that much. By anou get attacked institution as ruthless as isis, they do clash. We have to develop a Publicprivate Partnership so that the people in the government, nsa especially, real experts on data and what one can theith it, and people from data industry, that are very good at pulling together information on government on people from publicly available, nonowned data. And helping figure out from the groupwhere an individual will be going the next day, whether they have bought some new kind of material or weapons. Untangleo be able to what they are doing. Some people say that might affect my privacy, it conceivably could. But we have to make choices and i think we are going to have to compromise a bit on both privacy and security. A question from nicole wallace. Nicolle anything disqualifying about the things donald trump has said about the nature of the enemy or the things we would do to protect ourselves, does the muslim and disqualify him, bringing back waterboarding, have we decided that is not in line with our values, has ceased a doubt any ground on counterterrorism that disqualifies him from the presidency . Agree,ks i disagree and but nothing is disqualifying, one can see say all sorts of things, a free country, First Amendment, i think trying to keep muslims out as muslims was a bad decision. Nicolle he walked it back. Now he describes it as a ban against people from certain terror regions. That could be quite legal to for aeople from syria time but you run into First Amendment if you ban muslims. Nicolle is there a fair case to be made by conservatives that when the president refused to enforce the red line he drew in syria based on a sought using chemical weapons, is there a fair argument to make that when that happened, that put into motion a weakening of american credibility and emboldening of the enemy and emboldening of russia, is there a conservative thoughtful policy case to be made that some of our problems are rooted in that single action . Case, victimtive case, liberal case, one of the two worst decisions on Foreign Policy of the obama administration. It made us look weak. It enhanced the stature of the russians. In the middle east. It made americas words look like it was not worth anything. A very bad decision. Whatever your politics. Thanks all of you so much for watching this edition of the best of with all due respect, we will see back here on tuesday, not monday, tuesday, enjoy the holiday. Cory i am cory johnson in for emily chang, and this is the best of bloomberg best. We bring you all of our top interviews from the week in technology. Coming up, the brexit vote. Well find out what it means for investors. Plus, our exclusive sit down interview with billionaire investor mark cuban. His choice words on everything from brexit to donald trump. And we sit with the ceo of box and ask how his company is