mark: i am mark halperin. john: with all due respect to those who are tried to stop the affordable care act, happy fifth birthday obamacare. ♪ on the show tonight, the governor's elbow grease, john kasich conversation police and the karma police. first, joe biden's golden fleece. diamond joe putting out five -- vibes that hillary clinton may be vulnerable to a nomination challenge, and he may be the one to bring it. mark this reporting is mostly yours.

so the questions i have or you are two. is biden about to take the amtrak train to 2016, and if he does, what happens next? mark: i do not think he will get on anytime soon. i think he sees an opening but i think he sees his friend hillary clinton -- john: when you say friends -- mark: they are actual friends. he still feels he can appeal to the democratic party. if hillary clinton stumbled, he would like to be the one to be there and not have it go into chaos. john: here is the thing about joe biden. i spent a lot of time with him in 2012 writing a profile on him. he is never done for anything but running for office. -- he has never done anything that run for office's whole life. so, what does he do next?

he wants to keep running. he does not want to end his career by getting rolled over the hillary clinton freight train. if she does look vulnerable, i think there is a real chance he will jump in. mark: if no one jumps and that something happens that could really topple her and she looks weak, i think you could see joe biden say why not? why not stand on the stage and make the case and try to be a hillary clinton alternative? she is externally strong in polling. the frenzy on the e-mails has created an impression of weakness greater than it is, but at the same time, there is a quiet movement in the party. people who say she should have a spirited challenger that makes her stronger if she becomes the nominee. john: she is still very strong in the polling. he is actually white week. -- quite weak. he does not want to be a three-time loser. that is the big p or him. -- big fear for him. he will not run unless he can

win. i think one thing he might sense in her is she does not have the full heart for it. if she does not have the heart for it, he definitely does. mark: you say he does not want to be the three-time loser, if he does not run, he is giving up the dream. vice president, but never president. in the end, if she looks beautiful, he might think you know what, i think i could win this and i would rather be president. on the republican side, there are as many as seven people thinking as running for president. for those in the senate, what have you done to deserve the white house? here is how ted cruz explains senator cruz: in the past two years virtually nothing passed the senate. harry reid and the democrats basically shut the senate down. but as a legislator, i had more

power than all of the senators. mark: here is scott walker of wisconsin making the case for executive leadership. governor walker: the leadership we provided under extremely difficult circumstances, arguably the worst in the country, i apply that to say if i were to run and win and be commander-in-chief, i believe that kind of leadership is what is necessary to take on radical islamic terrorism. mark: who will get the better of the experience in washington versus executive experience argument? john: i think in the end, this will not read the decisive argument but the governor start with an advantage, and that is barack obama. they can say he did not know how to run the government because he only spent a couple of years in congress and that doesn't give you executive experience. the senator's start with the headwind. does not mean they cannot win. they are in a disadvantage this time around. mark: it is still the case all

the governor's lap foreign -- lack foreign policy experience, with the exception of john kasich, if he runs. they need to find a way to clear that bar. while you match up better against hillary clinton at the -- probably as a governor versus a senator, you still have to match up on foreign policy. marco rubio in lindsey graham in particular will be more fluid in those things. as we listen to the prospects talk about foreign policy, they are all still looking to find their way in the right position. john: i totally agree with all of that. you are a student of history and i am a student of history. there is a reason why george bush, ronald reagan. governors have an argument to make. for some reason, it's an argument that does resonate with a lot of people. governor spent every day dealing with real lives and real people. it gives them not only a better argument for retail skills and some senators. -- than some senators. mark: goldwater, not a governor.

john mccain and bob dole all one denomination. -- a creature of habit in washington. john: there are a lot of donors that will give marco rubio a listen. we know that all over the place. people think it is not just positive. mark: the other thing about the senators, their washington -- they are washington outsiders. they can argue they are in the senate, but not a creature of the senate. john: we never thought we would see the band who wrote the lyrics bring down the government they don't speak for us be hailed by the government. 25 albums on this list. who is your favorite?

mark: i was tempted to go with steve martin's "wild and crazy guy" not only because it contains king tech, but because it is one of my favorite albums of all time. but i am going with sesame street all-time platinum favorite. it includes kermit's reflective melancholy " being green." "rubber ducky" and a lot of songs that are happy and healthy and appealing to children and adults alike. one of the all-time great albums and belongs in the library of congress. john: i hear that song it brings back lovely memories. i struggled with this. unlike ted cruz, i am still a rock fan. i was looking at popular music even though i like those two albums a lot. for me, it is sly and the family

stone, single saying a simple song, i want to take you higher. a record that catapulted the band to popular acclaim. hugely influential in changing the way a lot of soul, rhythm and blues, funk has been practiced. mark: are the muppets in the rock 'n roll hall of fame? john: i do not know the answer to that. if they are not, they should they. mark: great list. check it out on our website, bloomberg.com. coming up will john kasich run for president? the more pressing question, can he name that tune? all that and more after this. ♪

♪ [laughter] mark: the ohio governor john kasich left real america to visit new york today. after he spent tuesday testing the waters. we caught up with him this afternoon, allowing him to reminisce about his wonder years

and to see if he is going to run for president. welcome to new york city. you like new york, right? john kasich: i was just here last weekend with one of my daughters. we saw the lion king, which is absolutely incredible. mark: you have been spotted going shopping with your daughters, too. john kasich: i don't have to reveal that. mark: we do not want to spend a lot of time asking if you are thinking about running or just toying with the american people? which is it? john kasich: maybe both. the way things have gone in ohio is something that should be studied. if i run, i would employ what i did there as president. if i don't run, i think people can study and learn from it and

learn from it to be a more effective leader to be direct about it. mark: a friend to me had -- said to me that you had suggested you would only run if angels came down and told you to run. john kasich: i cannot believe he said that to you. making the decision to run is in many respects deeply personal. it is family and friends, can you win? you know what it really is, is this my purpose in life, what i am supposed to do? i want to get a sense of that. i do not want to go deeper than that. people have a hard time with that itself. in and of itself. i am not looking for a political career. i am looking to do as many good things as i can. i am not looking for sainthood or anything like that, but looking to do as much good as i can in my life, as long as i am here. i'm trying to work it out. mark: we want to talk about your past so people can get to know you in case you run. tell us about yourself during

that era. you can talk about the photo if you want, but more, what was john kasich of that time thinking about? the first run here, 1970, you and richard nixon. what were you like in 1970? john kasich: [laughter] i was a lot more hyped up than i am these days. elvis was there shortly before. not the same day. mark: what is going on here? john kasich: i went to see the president of ohio state. told him some things that were on my mind. he said he was going to see the president. i wrote a letter to the president and offer thoughts and he invited me to the white house. i was 18 years old, first quarter freshman. i had just come out of mckees rocs. it is a place where you get taught to fight, work your way up.

in that town when the wind blew , the wrong way, people could find themselves out of work. i was pretty aggressive, because that is the way it was. mark: do you remember anything nixon sent to you? -- said to you? john kasich: i do not remember that exactly, but i saw him shortly after my parents were killed by a drunk driver. he wrote a letter to my sister expressing his grief at the thought of what she was offering, and it was amazing. at that time he told me you need to study foreign policy, it is really important. john: that is a picture of you with one president from another -- one president from one era, here is a picture with another president from a different era. 1997. talking about the balanced budget agreement. what was that period of time when you were newt gingrich's advisors? john kasich: a lot of people say he is a lot of energy.

was he undisciplined or unfocused? i was the chief architect of that agreement. i had spent 10 years of my life to get us to that went. -- to that point. i worked with a great team of people. we balanced the budget. we got people to put aside personal ambition. the first balanced budget since man walked on the moon. it was. by the way, having some success. john: when you were in washington, before you went back to ohio, was this a high point in terms of achievement? john kasich: you mean in terms of politics? that was the production of the b-2 timeframe. i went would say that was pretty good, but not as good as the fact that soon after that i married my wife. john: who was easier to work with newt gingrich or bill clinton? john kasich: newt is my pal.

one time i looked at him and said i won't be here sycophant. he looked at me and said, but i like sycophant. mark: 1999. can you name everyone in that picture? john kasich: lamar. elizabeth dole. howard keys. and i don't recognize -- john: your opponent steve forbes. what was the mindset of 1999 john kasich, presidential candidate? john kasich: i thought i could win. i would run as hard as they -- as i could at the wall, and the wall was not moving. it was very difficult. since i have been to south carolina and new hampshire, i am starting to get a couple of really good memories that somehow i have lost sight of. because it was extremely difficult. when i dropped out of that, i left congress and went out into

the private sector. i did a lot of things, including becoming a very big television star. john: more from 1999. this one specifically from new hampshire. remember that day? john kasich: no, i do not remember that day. mark: what is your best new story from campaigning in new hampshire? john kasich: one of the best ones, it was when i knew the end was near, a copy in a kitchen -- i was having coffee in a kitchen with this woman. i would do events in the house. she and i were carrying on a great conversation, and i thought i am going to win this one over. she looked at her watch and i -- and said i have enjoyed talking to you, when do you think the candidate is going to get here? mark: last 1, 2001. tell us about this. john kasich: my precious girls. my wife, my daughter, emma and

reece. i think that was the day the unveiled my picture. that was great. a lot of people wonder how that woman ever agreed to marry me. john: what is the one sentence answer to that? john kasich: i'm fun. john: you like being a governor versus a legislator? john kasich: it is not that different. except the difference between day and night. yes. being a governor is fantastic. john: when we come back, we will do a little bit of "with all due respect" name that 10 right after this. -- name that tune.

♪ john: welcome back. we here with john kasich governor of ohio. you are a big music fan. music arm that music is important to you. governor kasich: big music fan. i understand the rolling stones may be coming to ohio state. john: we will describe a song

for you, and you have to name the song. don't worry. you are going to do well. here is the first song. a single that aren't platinum -- earned platinum certification, the music video for around a child having nightmares. play the song. ♪ mark: name that tune. john kasich: don't know it. mark: metallica song. you are a big metallica fan. john: you previously claimed to be -- john kasich: i don't know that i'm going to -- mark: you are going to nail this. john: it is going to get easier. the craziest show. this did not top the billboard hot 100 chart until it was rereleased in 1995. a high point for you and washington, d.c. now able to download on rockstar as a master track. go. ♪

john kasich: that is pearl jam. mark: name of the song? john kasich don't know. :but it's any better. mark: ok, you got it half right. john kasich: i didn't get it half right. i should get an a on that. i don't know the names of all the song, and i don't care. does not school. -- this is not school. mark: opening track from an album in 19 69 when they performed it with the 50th anniversary the performed with lady gaga and mary j. blige. ♪ john kasich: that is the stones old song. give me a hint. give me shelter. mark: very good. john: this next one i know you are going to know this because you love this band. we will tell a quick story about you and the band. when you get this.

john kasich: don't be saying this is the grateful dead now. mark: 1970 hit. second most played concert song. he is already there. ♪ john kasich: i have no idea. john: sugar magnolia by the grateful dead. such a horrible rendition of this on. it is true, that at one point you were kicked out -- john kasich: no, it's not true. do you know anything about being on stage? you ever been on stage a rock concert? massive. i could not get on the stage. here is the thing, dwight yoakam called me up, said he was opening for the grateful dead at -- and rfk. i said there is a missed connection, because i think you said you were opening for the grateful dead. he said i am. he said i will send the car if you come to the stadium. i go out. he gives me a stage pass. then i going to the dressing room. he says i am leaving, you want to go with me?

i said i have really never's the dead, or maybe seen them once. i would like to stay and here them. i tried to get back up on the stage, and the guy is yelling and screaming and fighting with me. then it was great because " the washington post heard about this and that i got thrown off the stage. i love the headline. my wife's office tory. not touch my wife saw the story. not my wife at the time. -- my wife saw the story. not my wife at the time. maybe this is why she married me. she saw it on cnn. she called me up and said, what are you doing? mark: you were not thrown off the stage, you never got on. john kasich: the question is, will i even get on the stage in this election? mark: what kind of music do your daughters listen to? john kasich: 21 pilots. their music is interesting.

the problem is i listen to a lot of their music. one of my staff people and friend says you have become an old man because you are no longer listening to things like cage the elephant or any of the groups. do they like taylor swift? maybe a little bit, but their music changes all the time. if you listen to the pop station, you will notice they never give you the names of the song. and by the way, britt floyd, i recommend them highly. pink floyd ohio cover band. one more. -- they are a pink floyd cover band and they are out dancing. -- outstanding. and one more. have you ever heard of the red hot chili piper? john: i have seen them in scotland. john kasich: people do not believe me that they are real. john: i did a speech once and said the red hot chili peppers were playing. it turned out to be the red hot

chili peppers. john kasich: the red hot chili piper's just played for the queen of england. the red hot chili peppers have never played for the queen. john: this is going to go viral. a symbol for the wu-tang clan. just look right into the camera and say wu-tang, wu-tang. john kasich: no. there is a limit to this. mark: the man thinks you might be president. a clear sign you are running. john kasich: how about the haircut? i have cowlicks and no matter what i do people say why doesn't he comb his hair? mark: governor, thank you for playing. it went so well, we will do it again. thinking about doing it with ben carson next time. john kasich: that will be good. i will tune in.

can i see this? will i get a video? mark: governor, thank you. we will be right back. ♪

john: we are like 24-7 on bloomberg.com. mark: up next, "taking stock." ♪ just because i'm away from my desk doesn't mean i'm not working. comcast business understands that. their wifi isn't just fast near the router. it's fast in the break room. fast in the conference room. fast in tom's office. fast in other tom's office. fast in the foyer [pronounced foy-yer] or is it foyer [pronounced foy-yay]? fast in the hallway. i feel like i've been here before. switch now and get the fastest wifi everywhere. comcast business. built for business.

♪ pimm: hello, i am pimm fox. this is what i am taking stock of. investors tell u.s. stocks today the nasdaq falls the most an 11 month, down when the two point 25%. s&p 500 closes down nearly 1.5%. the dow jones tumbling nearly 300 points. that wipes out the dow's gains for the year. and crafting thank you for "taking stock." a major deal. kraft foods merging with heinz. the agreement would create the number three beverage company in north amer