Giuliani concedes he made false statements about election workers
This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Hey, I'm ryan, reynolds at mid mobile. We like to do the opposite of what big wireless. Does they charge you a lot? We charge you a little so naturally, when they announced they'd be raising their prices due to inflation, we decided to deflate our prices due to not hating you that's right. We're cutting the price of mint, unlimited from thirty dollars a month to just fifteen dollars a month, give it a try. It mint mobile dot com, slash, switch forty five dollars upfront for three months, plus taxes and fees, primary for new customers for a limited time. Unlimited more than forty
for months, those poultry that meant mobile outcome so much so friendly. Not a good sign that she stood down. Discussion doesn't seem to be part of that. She still upset the best way to send. A message is to put this on the back of an additive engineering, what a sequence that is: lindsey her ran in the united states, women's national team tying like last night's world cup match
if you're bruising tackle from
team made on our club team in france,
for the netherlands, now that game ended in a one one draw the. U s now take on port
the next tuesday morning.
The team when's that match the: u S, women's national schemes,
advances to them
got round joscelyn mere thousands.
extraordinary sequence. The united states are struggling. They were down one nothing.
Lindsey haranguers slide tackled push basically by her friend and team, made they get into actual pushing match there. On the very next play on the corner. Kick she gets fired.
I didn't want to see me when I'm angry after the game. She said that and had that header,
back then that they needed desperately and they got some motivation there from that tackle. Yet
hollywood, ask moment their sports movie. That was spectacular yet dear point, really. This has been a bit of a struggle of the world cup for this women's team to time defending champions if they won their first match against vietnam, but only free, nothing against the vietnam. Far from a soccer power ass in the netherlands, this was a rematch actually of the champion of game. Last time around. He was tough, tough match. You s, hats and chances later to put in a go ahead: gold they couldn't, they had to settle for a draw, but thank goodness they got that draw a loss yesterday actually would have really jeopardize their ability to get into the next round now with the wind next time round. They can do it, but it is this: the mix of sort of the old stalwarts from the championship teams and then some young up and coming players. It's it's been a struggle to this point, but they ve
They they gotta draw when they needed it. Yesterday, willie,
How Mariana Europe lay watching this game it? There was looking little dicey, the government they couldn't get anything go in and they took that one moment from, as I said, the two club teammates who were hugging
to the game and made up and we're talking side by side at the press conference. So there are good, but when you see her anxious needed that little bit of motivation to get the? U S, women's team, where it needed to be last night- and
I, like. I love you: u s team so much, but it is made. A three feet is so that such a hard,
this is our hard- they move in any sport
and I saw It- I watch that first came against vietnam. Three
They got three goals that didn't seem like the it didn't seem like the best outing against vietnam, but a lot of the teams, england and england didn't have a great first outing england, either system of the. I was really worried about
sutherland's match, because that was that was the two thousand and eighteen world cup match and a draw is like okay good, I feel like they had. They prove themselves in the first round. They did better than some of the other good teams in the first round. They got
draw against a really really good team? So am I.
Exciting, but there's new players to that. It's like a new generation of talent coming on and they gotta gel and go forward, but it was scary to what was area call close called it onto Portugal now if they get that when they are onto the not guerrero, talk more about this game later with us
morning MSNBC contribute our body might barnacle whitehouse correspondent for political and co. Author of the
about eugene Daniels, an MSNBC legal analyse, danny's of almost any a lot to talk to you about the hunter by
just a moment, but we also have some new developments on a story that broke at the end of our show yesterday years,
four rudy giuliani accused georgia.
election workers, ruby, freeman and shamos of fraud during the two thousand and twenty election
conceding his statements were false. This came in
port filing part of defamation,
lawsuit, treatment and moss filed against giuliani and twenty twenty one. The case accuses giuliani, who, at the time you remember, was representing former president trump of
publicizing a heavily edited video. She falsely alleged showed the two workers somehow changing votes tape earlier in the day,
I've really free an essay freeman laws and one other job cuts
obviously surreptitiously passing around usb ports.
Is this the miles of heroin cocaine, this
walk around rand georgia,
then they should. A bank
question already their places of work,
holmes should be searched. One
we just watched, Mr Giuliani accuse you and your mother a passing some sort of usb drive to each other
what was your mom actually handed you on that video?
ginger meant we had
these eighteen thousand, that's on pay. We had him counted. Very
institutionally eighty thousand workers having to do with the Ruby freeman. That's where she's avert scammer
loads cameron, hustler,
She was none of those things. Of course, of the two page declaration. Giuliani now acknowledges he had in fact made the statements about miss freeman. In this moss that led to the filing of the suit and that the remarks quote,
carry meaning that is defamatory per se, a political event.
therefore, giuliani says that means quote: Giuliani did
I acknowledge that the statements were false but did not count
state. In order to move on to the portion of the case that will permit a motion to dismiss julie.
He says he's still believes, as comments are protected by the first amendment and refuse to accept they cause harm to the women. Here is
freeman and moss told the january six committee last year about the harm,
They say they did endure,
There is no way I feel safe.
Nowhere,
Do you know how it feels to have the president?
the united states? That target you, the president of the united states,
its oppose the rebels every american,
not to target one.
but he did it mean
lady Ruby
small business owner mother, a proud american citizen who stand up to him,
Fourth uncanny won an election.
metal at the pandemic
out of threats wishing death upon me
telling me that
Be in jail with my mother, saying things like be glad
twenty? Twenty? In that lighting, twenty we're locked
threats and and vile comets racist in nature.
a lot of them all races. A lot of them were just hateful
for free men and moss released a statement about the developments, saying quote, giuliani stipulation concedes what we always have known to be true. The allegations of election fraud, he and former president trump made against them have been false
its day once a dandy. Let's talk about the legal implications of this. What does all that leaves that we heard from Giuliani hit and his team? What is that translate tipp while its
seems to me. There are stipulating to the underlying facts, because in order to get to the motion for summary judgment phase, there have to be no issues of fact. In other words, all the facts are our conceited and the only thing for the
What did decide is an issue of law and giuliani defence appears to be not so much that hey what I said about them. Well,
sure, wasn't true it's more- that it doesn't matter what I said about them, whether its true or not. I
the amendment right to say it,
Therefore, there
is no defamation and that's why it appears that he's making.
This concession in order to put it
in fact the side decide
for the moment and get to the motion for summary judgment and really into
It's a minor kind of hail married to try and for the case out early. That's what summary judgment really is: it's always a longshot. The odds are if you're moving for summary judgment, either as the place where the defendant you're probably going to lose, and the case will probably move forward to try
well, but it is a mechanism by which you can get rid of a case that has no issues of fact and only issues of law. If the only issues are of law, then the judge can decide him and everybody can move along, so eugene,
That's the legal aspect of this. But let's speak about the the morale
at this moment this was this was reprehensible. This was something that was falsehoods,
true and, as I noted in my book and others have chronicled so well, and we heard that emotional testimony from these two election workers who just trying to do the right thing, trying that frankly do their civic duty and there they felt like their lives, were threatened. They were harassed for months and its and moments like this repeated on other plants across the country has had a chilling effect
where all I know, a lot of local officials are worried, they're, not the bills,
I pull workers and volunteers for the next election people who have said and done it for years if they hit they loved being a coworker that it felt like it gave them a lot of purpose around the elections are terrified to do so because of these moments like this, and I will say when we fought, we saw these two women live when during this committee hearing, that was one of the most emotional lou was one of the most interesting aspects of the committee hearing up to that point, because a lot of it was talking to officials and talking to republicans who were in the in in these rooms were seeing them as they were talking in their testimonies. This was about real people who had and who were impacted by the lies that that giuliani and donald trump and others were telling- and I think that was one of the things that we as people are watching and you started seeing polling that people were paying attention to those moments, just as much as the fact finding missions- and it's just a it's just a reminder of how central rudy giuliani and his lies during the during the two thousand and twenty vac master, the twenty three election, and even before how central they are to a lot of the investigations. Swirling donald trump right now
so, jan during the course of your working life, you go out. You meet people on the campaign trail you talk to them. You look at focus groups,
So how would wouldn't go about today? Talking about the americas, mayor, rudy, giuliani, and this?
display that we saw this morning which reprieved when he did actually these two women how do
convince people normal people
that rooney Julia and he's gonna skate on something like this was really no penalty paid, and yet the sis,
isn't rigged, we're to tell people. The system is rigged for the wealthy and connected
How do we do that?
the way I look at it mike you know I saw TIM Miller- was on the show yesterday and he he referred to the fact based community. I still think, for this show the show that's a good way described the show it's part of the fact based community in america, and I still look
that rolling. Yesterday I mean I heard everything danny said all the qualifications about what giuliani wasn't emitting too. But the truth is that giuliani denied it's not objecting to what these women are saying. He is
and that is a win for the fact. Based community, that is a win for truth, and I mean I look at it. Yes,
I guess at some level.
Giuliani may escape on this, but democracy,
in our view, stuff all the way back. As I know you do, democracy
and and are under major stress tests for the last eight years at trump's, been part of our political system. Right and now was the accountability phase in the justice of an edo with with a with a criminal with criminal justice, and these and these civil cases as well- and you know
tromp as being held accountable like we may get another indictment today, we ve already had one federal indictment. We ve had we ve had the new york indictments of giuliani had to back off on his statements. Seeing you saw mark meadows yesterday say in not wanting to talk about gene six that all questions about whether or not maybe more meadows is cooperating with the with the federal prosecutors to the people that have long
to the country are having to bat either back off in some way or the being held accountable in some way, and I think that that you know we don't guide and easy win here. It's not the progress in all linear, but I still think that what's happening in the criminal justice courts is happening. The courts in general becomes too tromp is some accountability, that's been lacking through either,
to this year
yeah and, as you say, we're still on indictment watch and that federal grand jury expected to meet today. So we have our eyes on that as well. Meanwhile, in a surprise, turn of events, hunter Biden pleaded not guilty to federal tax charges. Yesterday, after
Please deal he struck with the government completely unravel than a strange day. The unexpected developed
came during a hearing in federal court in delaware. Hunter had been expected to plead.
Eighty two to charge is a failure to pay taxes under a deal he struck with the government last month. U s history,
Judge mary Ellen noriega pressing
both sides about the terms of the agreement struck with us attorney David weiss of delaware, who is prosecuting the case,
eureka and wise. Our trump appointees judge expresses
in about two separate deals and her purview over them.
such was worried. The agreement on the tax charges did not give her the authority to reject or model
the deal and that the gunshot?
which agreement could shield hunter by against further prosecution over his financial and tax issues, the parties
reconvene later to hammer out the terms and provide the gene.
with more information which could be within the next six weeks, hunter by
expected reverse his plea if a new agreement or the new information eventually satisfies the judge danny you were here yesterday saying
It was a strange deal in your estimation that it was perhaps
hunter Biden, getting off a little bit easy. What exactly happened? Yes,
They, though this is very confusing to lots of people. Yet most plea hearings go off without a hitch, but that doesn't mean that they're not harrowing experience is because a whole lot can go wrong during a plea, a hearing and one of the things that often does is it the defendant has a change of heart or here's. This allocation of facts against him and he wants to say, will wait. That's not exactly how it happened, and so please grievance
and go haywire, but lie.
To them go forward without a hitch. This one was set up for failure and were learning that more now that we get a look at things like the plea agreement and the preacher
diversion agreement, which I have right here. When you look at the language, you can see why both parties work.
When the defence walked in there. They are
paragraph of the pre trial, diversion agreement. That said to the effect that if, for example, the united states believes unknowing material breach goes out of this
They can seek a determination by the district judge. That is a problem,
but something both parties should have seen and look, maybe
glim here, but I think part of the reason is the government,
since government doesn't enter into pretrial diversion very often in state court. It happens all the time,
probably handled a hundred pretrial diversions in state court for low level crimes, but
realities and federal court. There really aren't eighty will level crimes they
is a rare instance of a misdemeanor any pre trial. Diversionary agree
and so maybe it could be chalked up to the federal government federal prosecutors. Just work from
Oh you're with it? I mean that's, probably not the case, but the bottom line is that
we judge- cannot make that determination- that's not her job, it is always the gun,
its determination, pretrial diversion is their show. They run it may decide if you violated it all the judge really does have. A role is to hit pause in the prosecution until the pie
come back and she says well, what's the deal and then the prosecution either says yea or nay were either going to prosecute him now or we're going to dismiss all that
urges and then the other part of that, of course, is what was that
from an agreeing to not for and the language said, all these things
compassed. That's a magic word to me encompassed by the list attached
pretrial diversion agreement and, of course, admitted
If I was the defence, I might have read that said: okay encompassed, there's a list
things were covered, but then in court you find out
The prosecution at a different view of what was covered.
They theoretically could continue to prosecute himself.
He's on both sides. They should have. They should have hash this out. They should have known what they were
entering into when I walked in ok, so layman's question hour, I just
looking nets at this from a distance. This is,
a case that popped up three or four weeks ago. Yes, this is a case that has been ongoing for years and will probably continue to go for years.
so how is it that career prosecutors who have been doing their job again for years and
couple of defence lawyers highly skilled from
pretty good firms with great reputations. How is it that they end up in court
with a plea agreement that they think they ve agreed to cycle
contract before you sign out contract? Did you fix the boy lucky? I fix the boy. Ok I'll sign it, so they ve got this plea agreed.
That they think they have agreed to and all of a sudden it pops up in court. Is he
brenda for these things. No he's not what happened. What happened here
mike. I'm so glad you bring up a house contract because who, among us, has not sped through the signing of a house contract or a mortgage agreement, or anything like that. It's two hundred pages
fifty signature is maybe it's is
simple, as that both sides just didn't fully realise what
terms of the agreement or they had a misunderstanding about the terms of the agreement they were entering into and believe it or not like there is a diesel
man of litigation. Exactly this topic, that defended comes in plead guilty
We agreement the government prosecuting again later on, and he says: wait a minute judge
enforced. This contract, the governments that they would not prosecute me in the government says no. No, no
read the language we covered, something else where continue our investigation and yes, I agree with you. After this period of time, both sides should have been crystal clear on what they are.
Into, but I also think it could be
simple? As and I've been guilty of this in court to that one?
judge asked the government
record. Hey. Are you willing to commit?
and you are not investigating hunter by an ever again. This is it. This is the end will be to that.
who s attorney or that? A? U s a who says on the record, commits the entire: u s! Government too, we are completely fit
investigating a hunter by, but on
other hand, if that was covered
the agreement that should have been no problem. I don't think the government was doing anything sneaky here. I think this is boy.
Down to some
It is fair to criticise a misunderstanding that should have been worked out well in advance. So what
happens from here. Danny take this now the next step. I think we were confused
is there. A lot of us were confused by what exactly was happening. What's the next step now for hunter Biden, because this was a combined, arraignment and and plea hearing what happens
eagerly at the judge has to set a preliminary hearing. So in theory of the parties, don't work it out the case
forward to a preliminary hearing, which is it probable cause hearing, but that is several weeks out and what the parties will do in the meantime is probably get together.
and how should if they are truly in agreement- and I would
too much by the frustrated statements the parties may have made in court yesterday. I think they are in agreement and, I think,
though, when you're in the heat of the moment in court. There's a fear of com
to anything on the record I'll keep coming back to that because I've been there. I ve been asked a question out of the blue by the judge and I've done that whole homeowner home, and I don't want to commit to
we're doing something are always doing something on the record better to go back to your respective corners
we're out an agreement, make sure everybody's on the same page, and maybe you come back in a week and say judge we finally have it. You know, and some of the misunderstandings are underway-
annabelle. Seventy others are a little odd, the whole part where the government expected the judge to make the determination of whether or not he complied with
Retrial. The version that is alive,
strange, but I think they're going to figure it out and
and hammered out we'll be right back here and it should go off without a hitch. Then there are the
politics of all this republicans making hey that will talk about that piece of the story come up a little bit later, danny's of those who has been spot on through this entire situation. There
couple days, danny great to see you thanks. So much still out, I'm warning Joe a difficult moment to watch yesterday and capital hell a senate minority leader, Mitchell conall
actively freezes up mid sentence during a press conference will show you what he had to say about it and how he's doing this morning, plus wall street, looks like it's gonna open in the green this morning, despite another interest rate height from the federal reserve, we'll take a look at how much further
fed can go in its fight to bring down inflation
watching morning Joe, be right that the hey, I'm ryan, reynolds at mid mobile. We like to do the opposite of what bait wireless. Does they charge you a lot? We charge you a little
Naturally, when they announced they'd, be raising their prices due to inflation, we decided to deflate our prices due to not hating you that's right. We're cutting the price of mint, unlimited from thirty dollars a month to just fifteen dollars a month, give it a try. It mint mobile dot com, slash, switch forty five dollars upfront for three months, plus taxes and fees, primary for new customers for limited time. Unlimited more than forty gigabytes per month, lows full turns out mint mobile dot com
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what, back to morning Joe beautiful, live, look at the united states capital, six, twenty five in the morning, the scary moment in the Senate yesterday, when minority later Mitch, Mcconnell appear to suffer some
an episode of medical episode, perhaps the eighty one year old, was speaking to reporters during his weekly press conference.
when he just froze mid sentence this week and goodbye
sergeant cooperation
a strange because
and was ushered away by his republican colleagues and taken back to his office. Mcconnell would return about twelve minutes later saying he was just fine.
in light of the incident later in the day. Joking about the time president Biden tripped over sandbag, could you addressed
at the start of the press conference and was related to your injury from others. The theater where he suffered a concussion, is that
I don't believe you
The president called a check on me. I told them. I go to sandbag, you feel announcer. Are you feeling now? Have you seen a doctor any idea what happened
any idea what happened dehydration watchful sandbags
I, the longest serving leader incentive. History was hospitalized with a concussion in a broken rare battery fell at washington hotel too.
This is also now tell NBC news: Mcconnell tripped and fell while leaving apply.
Earlier this month. He was not seriously injured in that incident. As for
studies moment. Their staff, hotels, NBC news, the minority leader quote, felt
I've. Had it been stepped away for a moment, they would not say
there he saw a doctor so job le maire, that's truly difficult to watch and were glad to hear that the minority leader is feeling oak
today, but
come a string of events. The fall in march at the hotel, we're going about a fall in playing a fallen in february was reported as well
for the eighty one year old minority leader. We just hope he's ok get first and foremost, we do hope
that he is okay, but despite all that's going on really, this was the talk of washington yesterday when this happened. It was a of deeply uncomfortable moment. He stood there, seemingly frozen for twenty twenty five seconds or so as the centers around and finally realized that something was going on and to your point that reporter's question is brutally hot and humid here in DC in recent days. So maybe dehydration is a factor, but of course there are questions about whether this is some sort of aftermath of that terrible fall. He has taken. He took a few months ago, eugene, and certainly those who have seen him in the sand each and every day say he does sema your best step, slower he'd, certainly is still not all the way back as part of his recovery. So certain this and, of course, the moment like that,
fuel to the speculation about about his future and again we hope he is ok, but already the Senate has begun to prepare for life without him he signaled he's likely got not going to run for election, and now that's only that speculation is only gonna, intensify as to what the future of the Senate republican senate will look
yeah, I mean this isn't eighty one year old man, so any kind of fall is concerned, my grandmother's, eighty four, when she falls everything shuts down in that house rate, is very concerning, and so the questions around it are exactly what we as reporters should be asking. This is one of the most powerful people in the country. This is someone who is leading the republicans in the senate and at a time where the republicans in the Senate have not at least shared with us hustler near the reporters that we know cover the Senate a lot. What the next steps would be like you said he doesn't seem like he's going to run for reelection, and so what does that mean? And, more importantly, when when does that happen as he does he step down? Does he stepped down as leader continue to be a senator, or does he continue all the way until he's done, and that is the question a lot of folks have you know there are a lot of senate republicans yesterday who are hoping that while they were making light of the subject both to him and his team, that he was actually going to see a doctor that he was being seen by folks because of how concerning it was whether it was him being lightheaded or dehydrated, because when folks asked him what it was, they said he wouldn't say what it was right, and so, unless a doctor saw you that's what you would want to get that information from. Obviously, president Biden and we're very close to the other question for especially for folks like us that cover the white house is what does that relationship look like with Senate republicans if Mitch Mcconnell isn't there and that we still have a lot of time before we have those hamsters. But those are the questions that are swirling around washington dc today and just
questions about the age of our political leadership from the white house to the senate, to the house as well. Eugene, Daniel Saint, so much eugene always good to have you on coming to an end
russian president vladimir Putin places
china in october as russia seeks to shore up its ties with one
closest allies? Richard Hoss joins us with his analysis and we will check it
steve ratner about the Feds interest rate increase
as he is that south west wall, with this charts, watch and worry job
Metals here from involvement with price and just about everything going up during inflation, we thought we bring our prices down
well, we brought in reverse auctioneer, which is apparently a thing in mobile unwitting premium wireless
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that's a good to come anywhere that six thirty four in the morning live. Look at that
house there. The federal reserve yesterday increased interest rates by a quarter of percentage, point, signalling a weight and watch
approach to any further rate hikes. This brain former treasure official in mourning geo economic, analyse response.
In beige this morning wearing his summer suit.
Just rushing right, step, rattlers with say good morning, looking great my friend, well,
obama can do at a press conference. I can do it and I could also use it as a humor man. If I needed to go there, you go a jack of all trades all right. So let's walk through some of these charged steve, starting with the expected height. We all knew that was coming a quarter of a percentage point
nothing, it was it. What do you read into the number sure where they were? Let's take a look here at this chart right over here,
Just as a reminder of course, we ve had this incredible string of rising interest rates, and yesterday the fed rows of increased rates around five and a half percent rate now
Both the fed and the market think we're near the end of this cycle. There looking
maybe one or two more interest rate increases before it starts
to turn down getting down here about three and a half percent about
and a half years solid,
then maybe near here far hiding
of our tightening cycle. But I thought you did
we take a look at what this means for average
and so, if you go back before covert, of course, interest rate
when a kind of fair kind of fairly normal range, harmonious pay
for around four percent savers in money, market funds caught between two and
percent. Then, of course, at all what
rate switches euro mortgage,
came down, and now there are not
Surprisingly, following the fed appear, here's the fed here's! What more
traits are. They talked about seven percent money.
Funds for the savers out their close to four percent bank.
as if still really haven't move. They don't move that much banks need these low cost deposits to create their profit margin, so you can see
for both borrowers and savers. It's also been a pretty steep climb lately and your next chart steve. You point out the reason for this consistent step,
in re heights is because an economy, frankly that is performed even better than the fed expected it to be exactly what they. Last month, we added over two hundred thousand new jobs. The unemployment rate is close to a fifty year low at three point: six percent, and they
and our economists have been bringing up their forecasts for economic growth for the sheer now one
point five percent, not a huge amount, but back
beginning of the year, people thought the economy
gotta be almost at stall speed. So that is
it has been driving the fed up, but as
look ahead? We're not out of the woods yet in terms of the economy
Economists have in bringing down their projections for growth next year, really tis almost zero at an end
probability recession. I know we're talking a lot lately about a soft landing, but if you ask the count,
ass, they still think there's a sixty four
or better chance of a recession next year, so
we do what we are. We are the kind of crossroads in the economy at this moment. Let's see what was significant. Was it not that the fed said yesterday in announcing its rate hike that they serve taken the threat of recession way back from
Are they believed it was that they were not projecting a recession that sure that's exactly right? Willie pal did pull back his recession forecast. I think we have a greater probability of a soft landing today than we. I would have said to you a few months ago. This no question that in
economy still remain, a strong and inflation has been coming down perhaps
but faster than we thought, but
not out of the woods yet by any means, and in your last chart steve you're, looking at inflation, obviously key to all of this, and what the fed will be watching exactly this or that powell made a point yesterday of saying the fed, as we as they say, often is data
dependent and what happens going forward will depend on a number of things that are really represented on these two charts for support
inflation, the supply, which everybody
focuses on as the shaded area. And, of course, we all saw that three percent sepia number
recently, and that was very encouraging. The fed looks-
different measure, inflation called a pc. I will get into the weeds on that, but that's the stark lying here
and this is headline this includes food and energy, which is we ve talked about before- has
a lot of the inflation during this past cycle, when you
food and energy out, which is what the fuck
but what the fat and most economists to what we call corps
has not been as inflationary, but the pc
he again is still sitting here at about four point: eight percent we're gonna get
new pc number on friday, the hopeless for four point, two percent. That would really be great,
one of the things the feds watch you get down to this two percent level. It wants to be a two percent before it really start.
Cutting interest rates. The big
driver of inflation is wages. We all want wages to go up. We want people to earn more, but that you have
find the happy balance between wage increases and wage increase.
That create inflation and so
again. Wages were rising.
a fairly normal rate. We all know that they jumped up interesting way. This life line is, if you quit your job and take another job, you're going to get a bigger pay increased than if you stay in your job, but none
less wage increases have started a moderate, but their only
about five and a half percent we still have
one point: six unfilled jobs for our americans. Looking for one week,
have almost ten million unfilled jobs in this country
that is going to keep pressure on wages, and so the fed needs this to come down to between three and four
sorry to have a hope of two percent inflation so see. Maybe
can help us out with a perfect, perfect per perplexing question there? I got it out
the question would be the economy seems to be doing fairly well since to be fairly helpful, healthy unemployment,
that historic glows, yadda yadda, yadda inflation sort of been cured for a bit. Why is,
that so many people are walking around in this country today say it's terrible things, a terrible for me, the few
it looks very bleak. What's what's the contrast, why
mike it's a great question and we ve talked about it on the show before I haven't, had a perfect chance it before and probably not going to have a
for answer now. I think
a few things I think they're still.
It takes a long time for people to get over economic shocks.
Bad news and we did go through a rough period and I think people are still thinking about that and
Finally, I do think- and I think many p
I think inflation is what people really.
care about when they see a lot of inflation, they assume its.
For them. They assume that they're after inflation incomes are going to go down, their purchasing power is scope going to go down and that bothers them and
is much longer term broader issues, the question whether their kids are going to live as well as they do all the say. People think that's not gonna happen.
would be the first time in american history, so little
There is a lot of history around this and then there is also the need to get this
inflation number down, I think for people to really feel better fascinating
stuff as always and done in beige. He just pulls it off so beautifully steve, rattner
end of summer, a man of charts, a man who commands the south west wall Steve thanks so much. We appreciate it so Jen poem
If you look at these numbers, unless you put your old communications director hat back on a few in this white house, yesterday, Jerome,
the chairman of the fed pulled back his recession forecast. That's great news for the country you get in.
patient, taking way down more than expected a couple weeks ago, that number came out that unemployment at historic lows talking about job creation,
then everything else
it seems like the spyware mike says that americans feel like the economies that going well. It is,
I think that a man running for president and who is
overseen this economy for the last couple of years could run on
and the think part of the reason why people have not felt that the economy was was doing well. Was they kept hearing reports for the last year and a half that we are headed into a recession? Right I mean I just I mean just pause and think how often in your daily life, do you hear people say I have to brace, because I know we're headed into a recession and that that kind of fear plus, I think this strike the stress from covert over the overhang that Steve talked about. That's really held Biden's economy numbers down, and so I think what the white house can do now. Is that mean that was I
it's a big deal that the Feds said that that they that they kind of the recession cloud is breaking up, and they can say not that everything is great. But the plan is working right. That inflation is going down, we're no longer worried about a recession. We have incredible job numbers and then we also have on the horizon a lot of great projects and infrastructure rebuilding the foundation for the economy that ships bill that's going to make us more competitive. They have a great argument to to make people may not all feel it yet, but it's working and that kind of credible establishing that kind of credibility, I think, is really important for the president, not just on the economy but just sort of overall, because that's it's funding
argument right, I'm the kid I'm the credible, capable one and trumpet kay
and the government can can work for you. Fundamentally, all elections come down to the economy, so they happen.
rate argument to start making and, as I recall that we it at for
bama and he was wearing a tan suit, his summer press conference. It was because we want we had him do it, even though the suit was kind of questionable and actually really didn't fit him well, because it was an old suit. I think that was more the color, but we put them out because we had some good news and we wanted to get that good news registered in the press prior to him going to Martha's vineyard so that didn't quite work out. It didn't really break through on what we wanted to, but Biden's got a great chance to do that. Now, one of the enduring legacies of the obama years tan suit brought to you by Jim palmeri. Let's bring into the conversation president emeritus of the council on foreign relations, richard haass, richard great, to have you with us,
but not on its hands. You now we're all kind of well occurring, who really deep has inspired me, though, to watch tomorrow
be exciting, and are you want to talk about
the return of Erin judge to the yankee line. Up for the oil series cafe, climb barclay to the near triangular were don. Finally, finding the for the yankees, this upstart yankee group, by the way they may not have the biggest payroll and baseball a second big second with, but their decision
be in there? Just hang in there, they better rapid saw, does our alone and last place till they had better, be surrounded this stuff. That's! Let's talk about real news that we have talked about the yankees. For now the kremlin announced this week. Russian pray
Vladimir putin intends to travel to china in october to attend a forum which,
belle road initiative. That's a major global infrastructure project led by China. There Putin is expected to meet with president she
for the first time since she visited moscow in the spring,
Evidence of this richard is what
There are actually isn't that much significant. Still at the risk of this is allowed.
this relationship, I gotta tired, you talk to the chinese about russia, there really dismissive
or to the russians about china.
they don't take. Firstly, the court or co chinese peace plan.
This is a relationship you remember. The current phase that was hatched were launched just before the russian invasion of of the cramps are with them at seventeen eighteen months ago,
clearly station paying thought this was a winner? It's like someone comes up to you and that's you
invested there, can't lose one guess what
it has gone so well,
finds itself are alienated from a lot of europe, which it doesn't want to be right now, because the
Panza say why are you helping the the russians are the biggest threat
just hasn't worked out. That's not a natural match, so yeah they're gonna have this meeting, but all
fears that somehow the these two countries were getting close together and this was going to move the strategic centre of gravity in the world, not so much.
Meanwhile, China's economy is not doing its barely growing tool.
percent of young people are unemployed. So this is this.
a financial ways of almost a shop it just not big
it's not going to change the fundamentals either on the ground in ukraine. The only thing to look for willie,
where the china, whether china, is willing to up its supply, a cheque for russia
and lots of dual use things they haven't seemingly done military things. Yet that's the one thing to to keep an eye on to make sure that china doesn't cross that line they are offering. Some support may not be in the military, but certainly supporting russia on the wrong side of the war pneumatically economically. There are big purchaser of russian energy that providing some dual use technology. The question again as they don't go farther president XI does seem to be one of the few people on earth who could lean on president Putin a little bit and try to encourage him to step away from this war, but he has not shown the willingness to do it yet fair, totally. Fair might also
its premature out putin is watching the american political cycle
quickly same wants to see if we lose, you have to trumpet aware that would obviously bring about potentially a major change. So I think the moment right, I think, the real
should we be sometimes
at the end of this fighting she's on the end of next fighting season after our election. That would be the moment I think you'd see a full court pressed by the united states on china to finally
and some of those checks with russia were not there yet, but I think that day I think that they will become one
the present status of relationship between the united states and china, as it does
big conference. This fall, I believe, coming up with president XI and president Biden will both attend coming. What what are the odds that there'll be a face to face meeting between the two of them? I'd be surprise,
if there were an a face to face meeting at the so called apec summit. I think it's in san francisco this november. If I had my date right, there's been a slight uptake:
indeed JANET Yolanda treasury secretary was their secretary of state was their secretary or com.
junior raimondo is going there. It's a little bit walk right now
just a sanction,
dismissed message. Foreign minister,
so one day it is the politburo to stay counselor and the foreign minister he's got all three hats cities, both the interlocutor for tony
The condemned for ran fur Jake Sullivan seems a bit more interaction might but still not substance. Jain terry was just there. No, no breakthrough
it's. On the climate front, we still haven't established the floor in the relationship. Do you think the sanctions that we imposed upon china are hurting the chinese economy little bit and I think the Chinese? It's hurting them economically, a little bit and also
psychologically. They are persuaded that the united states is now determined to stop china's growth, they actually
think we are bark was pre blunt about it on economic warfare. So what china's big
it's interesting. Their meeting american economic officials are meeting european european leaders. They meeting people like bill gates,
They want to try to meet
in some sort of an economic relationship, try to win
we growing technology limitations and so forth are what, where were unwilling to exploit
certain things to be exploited to china. Should I think, we're here.
The chinese economy, probably not as much as the chinese themselves, are hurting the chair
he's economy through their through their their policies, but they are, they are persuaded. That
is our goal: to keep them down economic,
in some of the policies and some of the pronouncements.
by this administration reinforce
by the way, this very little difference between the last administration and this administration on policy towards china. If anything, it's gotten tighter, John, whom europe
get outta washington. But as we go down due to your point, richard front page of the wall street journal, unemployed, youth, casper,
all over china's economy, unemployment among
in chinese twenty one percent John
no question what else is watching those numbers that richard? Why we're talking? Just now, we were shown footage of vladimir putin at the russian africa summit, that's in saint petersburg, but photos
merge the last few minutes of another attendee. This rush africa summit- you ve guinea promotion, he's there
yet another twist here in what has been happening since his failed mutiny of about a month ago, just incurious. Until we know the volga group plays a big role in africa, so that would explain why he is there, but why he's allowed to be? There is another matter altogether. What's the latest, you have heard just in terms of what
promotion standing. What is his reality right now and what does it say about poor in the smoke
used to be some kind of a deal to allow provision to continue. The volga group is used correctly say. Jonathan has played a large farm policy role, not just for himself
in his bank role in africa, but also for
in foreign policy that scene
to be continued, and maybe that's part of their deal.
You don't challenged me at home and I'll. Let you to continue to do your stuff overseas and that's
It's my own sense of it. I don't feel calm
for that and sitting here and giving analysis of. What's going on there. That's the old line that churchill used about the soviet union
three wrapped in a riddle, massacre wrapped in an enigma and their staff, something to be said for the Putin promotion relationship, but there the fact
ocean still lives still able to
do. Things suggests to me that they
and have back to the old arrangement with the
standing that the
Promotion will not be a domestic challenge. Pollutant Putin will seemingly forgive him for that. The volume of group is not,
in to the war in and Ukraine, for the time being
but they ll continue their lucrative overseas operations, which is pretty consistent with what
much to do in africa richer before, let you go about it,
I was glad to Israel again this morning, protests in TEL Aviv protest across the country, but this opening court effectively being stripped of its power to be a check on the
elements on the canary
What are we seeing in the streets right now? What does this tell you about Israel today,
the one, unless last too it was. The supreme court is now being asked to rule that what the can
set with the israeli parliament did was on constitution. Are you surprised if they did that? That would be a real frontal.
Charles this,
when the vote past nothing's
New votes won't happen again, till after the jewish holidays in the fall and the question
Netanyahu government is due to continue to strengthen the canasta and weaken the hand of the supreme court. They haven't made
whether they're going to do that. But I think this is more than that then an immediate battle over the court. I would,
The only way to really understand this is there's been a real power shift in Israel. Politically, you ve got them
right wing government in Israel, history
and then demographically. This reflects the changes, ultra orthodox
large families. Immigrants coming conservative immigrants from russia from
from from the middle east and the israel of almost the movie exodus. The airy been cain and sort of western oshtoo nausicaa worse
a killer liberal Israel are increasingly losing political power
to the right wing to cultural and political rights of people are in the store
not just over judicial reform, the power, this record, not a technical issue, its real quest
on the direction of Israel. What is going to be the nature of israeli society? What is that
of religion. What is there going to be any willingness to accommodate palestinians to come to some kind of a peace? What is the future? The fact it is really markets have tanked. The last couple is a lot of
while in Israel who really make israeli society the people and technology
one of the people in the reserves, the military, the the the pilots, the rest, they all worried about the future direction of the country. That's what this is about as significant as judicial reformers. This is really a fight for the soul of it's almost first political character. What is going to be the nature of modern israel after seventy five years, and that has come into play in ways quite honestly
we can have a version of it you're after september after november next year,
to fight for the character of the country politically, culturally, and what's the relationship
between the government and the societies if this is really worth watching in terms of this important country
but also for democracies in general is bb. Now there donald trump to some extent. Yes,
Think Bibi. Netanyahu like donald trump, is what
about losing political power. Because he's-
what about the legal ramifications,
it nanny. On one of the things I wrote about the risk of being self referential here and my last, because it is in a democracy. You need people to put the country before
their party or their personal situation, and I would say,
wouldn't phoebe Netanyahu and donald trump having common this, both of them put their own personal situation before they put their country, and that is what
It's so unfortunate about both man and, as you pointed out, thousands of military reservists in Israel said they're not gonna show up if called up in protest
so there s. This is reaching a boiling point
richard haass thanks. So much has always covered a lot of ground for it to appreciate it. Fantasy to say, is still introducing Carvana and value tracker where you can track your car's value over time and learn what's driving it, it might make you excited. Whoa didn't know my car was valued. This high in my
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Transcript generated on 2024-01-17.