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tv   With All Due Respect  Bloomberg  May 12, 2015 5:00pm-5:31pm EDT

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>> i am john. >> with all due respect to gotham city, it takes big shoulders to support a presidential library. ♪ on the show tonight, first, the deal that was blocked, or is it? the trade measure that has been washington's main focus this week is in a trouble. president obama in his own party this afternoon, can fast-track
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get back on track? john: the answer to the question is no. it seems to me at this point it will be very difficult to do. there is so much finger-pointing, and this is a senate where they are supposed to have an easier chance of getting things through. republicans are blaming democrats and democrats are rude -- are blaming republicans. there is not much enthusiasm to get this going. no one is fighting for this that needs to fight for it in the middle. mark: i do not have any indication the president is really making appeals. he is deferring to the help you unless he gets much more involved and make the case dramatically, i do not think it will happen. john: if there is any hope in this, the hope is in ron, who has a history of working in a bipartisan way and is seen as a pro-free-trade democrat who has issues on the specifics of the deal, and is saying he will take the lead trying to put together
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a bipartisan consensus but i doubt he could pull it off. mark: if you cannot get cooperation on this, the trade is supposed to be a place where the president greece so strongly with a republican, they can move forward on transportation and other things. pick up the pieces will be tough. there will be another attempt in the senate to get it through. they risk losing votes from another group, let alone the white house. >> chris christie wants back in on the 2015 fund 30 things ideas other way to do it. he put out a proposal for entitlement reform to her today in manchester, new hampshire, he offered a five point economic plan. task reform, curbing regulation a national energy strategy, and promoting energy. that sounds awesome. kristi has a long way to go to get back on the road to redemption. he registers 7% on the new new
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hampshire poll down from 10 percent in february. his specificity and detail the way back for chris christie question mark? mark: the new thing was a tax proposal, renewed rates. i think if kristi kent fights with lukens, it is a good idea. being the aggressive fighting candidate, it is a potent combination of not clear how he fights back but it is a good idea for him politically and to get a debate going. john: i do not disagree with the notion but in general, i think you would agree with me the way it usually works well for a candidate is if they are strong politically and then they roll out substance and build on political strength. it is hard to lead with
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substance and build political momentum on the back of it. there is no one in the party then -- van -- that is more towns and then christie. mark: he took a pretty strong position in saying if he knew what he knows now and what the country knows now about the iraq war, it would not have been worth it. that lays down a little bit of a marker not just with jeb bush who fumbled the question over the weekend, but with some of the republicans who will not have the courage to take that position because it runs counter to a lot of leading republicans who say it is still worth it. >> it is not as courageous as it might have been a few years ago. a lot of republicans came down hard on jeb bush, from the far right, the middle right, the moderate right, who think it is conventional wisdom that it was not worth it. christie will not get much benefit from it.
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john: as long as the new jersey economy is not doing well, it is hard for people to say, this guy really gets out of trade economic growth. mark: i am not sure it will be totally bulletproof. john: he may not be as bad as lance armstrong, but tom brady was hit with a suspension for his role in allegedly cheating to get to the super bowl. how did the tv world greet this news? enjoy. >> tom brady should not have done it. it is cheating. it gives them an edge. it is not on the same level. >> i do not know what the appropriate punishment is when there is no proof. >> i think it is an overreaction
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. there is no definitive proof tom brady engaged in any of this. >> i think it is heavy-handed. >> they will punish him by making him stay at home with his supermodel wife and think about what he did wrong. >> brady gets a four-day -- for game expansion -- suspension. john, is this punishment too much, too little or pure perfection? john: i am not in the category for people who think this is too much. he cheated and there has got to be a penalty. the comparison that bothers them is the notion ray rice got a two-game suspension. to me that says they should have come down harder on ray rice. mark: he either cheated or he did not. if the league thinks he cheated,
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that was not nearly enough as far as i am concerned. john: there is just no way for him to win here. there is the bell. coming up, two great guests that go great in sequence. what bernie sanders thinks about tom brady. we will be right back after the break. ♪
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bernie sanders: the trade agreement pushed by the pharmaceutical industry are very good if you are the ceo of a major corporation but a disaster if you are in america. mark: our guest tonight is a monster in the senate. senator sanders, thank you for making time for us this evening.
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bernie sanders: you will never forgive me for that. mark: a lot of action on trade. republicans are saying the trade pact is effectively dead and democrats are to blame. i will ask you a two-part question. do you think it is dead and if so, is that good or bad? bernie sanders: i wish it were dead but the republicans control the u.s. senate and the u.s. house. i have the feeling they will bring it back up again. mark: i know you have specific objections to the trade agreement but it seems to me on the basis of things you have said on trade deals that you have a broader problem with free-trade. can you say whether this is the specifics here? is it some -- is there some way that bills would be changed that you could make these deals ok with you?
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bernie sanders: i am not for a trade bill that will continue the race to the bottom and that could cost us hundreds of thousands of millions of more jobs. the record is very clear. trade relations with china have failed. we have lost 60,000 factories in america since 2001. a lot of it has to do with trade. workers are earning -- working longer hours for lower rate -- lower wages because they do not have decent manufacturing jobs. the minimum wage in vietnam is $.56 per hour. i do not believe american workers should be competing against people forced to work for such low wages. mark: president obama disagrees with you vehemently. if the deal does go down on the basis of democratic objections like yours, people think that is pretty much the end of president obama's administration domestically, that he will my have the chance to get anything else done. if that is the case, do you feel
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any sense of guilt or responsibility for that? bernie sanders: no, that is punditry. two weeks from now, we will deal with other issues, for example, over time so people who work more than 40 hours a week get paid. the trade agreement in my mind is a very bad idea. president obama follows president clinton in -- and bush and reagan in pushing the corporate agenda. they are wrong. i think the american people want it defeated. we need new trade agreements that protect american workers and not just wall street and corporate america. mark: the agenda that you laid out will require republican votes p are in are you optimistic and would your message to the president be, let the deal go down but let's all
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find a way for both parties to work on this agenda or is that not possible? bernie sanders: let's work on a new fundamental approach to a trade. in the meantime, let us rally the american people. the american people are clear and what they want is to rebuild the crime brought -- crumbling infrastructure. let's work on that. the american people want to raise the minimum wage to a living wage. almost everyone thinks it is wrong that women make $.79 per hour compared to men. let's work on that. let's rally the american people and put pressure on republicans to start standing up for ordinary folks, rather than just campaign contributors. mark: two of your friends elizabeth warren and the mayor of new york city bill de blasio put forward a list of things very much like you're talking about. i am wondering, you look at elizabeth warren or hillary clinton. which one is more ideologically
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aligned with you? bernie sanders: elizabeth warren and i are friends on many issues. i think our approach for the needs for many people are very similar. mark: what are specific issues where you would say you are more in line ideologically with elizabeth warren? bernie sanders: we are talking about trade policy and the transpacific partnership. senator warren and i have worked together closely saying this is not a good agreement for american workers. secretary clinton has not been clear about her position of this issue. in terms of wall street, i called for the breaking up of large financial institutions. i think they have too much power and i worry about another too big to fail. i worry about outsized influence on the economy. i think that is very somewhat to
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what elizabeth warren believes. secretary clinton, i am not quite sure where she is coming on that position. i voted against the war in iraq. senator warren was not in the senate at that time. secretary clinton voted against that. i voted against the keystone pipeline and worried very much about climate change. secretary clinton has not i believe, been clear about her position on that issue. john: mayor de blasio just laid out his version of a contract with america. number one, will you sign on to that contract or do you think that contract is not even go quite as far as you think it needs to go? bernie sanders: i talked to bill de blasio and i think he is doing a great job pushing the progressive agenda appeared i have not seen all the details but i will tell you 3, 4, 5 months ago, we put out what we called an agenda for america which is probably fairly close
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on most details in terms of what mayor de blasio is talking about. the bottom line is when you have 99% of all new income going to the top 1%, and the top 1/10 of 1% owns almost as much wealth as the bottom 90%, clearly clearly, clearly, if we are going to have a sustainable moral economy, you have to deal with the situation of income inequality and wealth in america. mark: one last question for you on a serious topic. the only thing more important than transpacific trade is the state of your favorite football team. the nfl came down as what some have seen as a crony and penalty for deflategate, suspending tom drake -- tom brady for four games and find the team $1 million. is that too harsh or just about right in your view for the infraction in question?
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bernie sanders: i hope brady gets back as soon as possible. i have not yet studied the nfl document, so no comment. mark: can i put you down on the side of the cheater? bernie sanders: no, you cannot to it i am working right now on raising the minimum wage and other minor issues like that. mark: we will have you back on the show to do a detailed autopsy on it. bernie sanders: we need to do many shows on that issue. mark: a whole week devoted to deflategate and senator sanders. thank you for coming on the show. when we come back, the man with all the answers, tom brokaw after this. ♪
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mark: joining us now, tom brokaw .
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thank you for being on the show. how are you feeling? tom: i'm in remission. the doctors are all very cleaves -- very pleased. it is not curable cancer, but it is treatable. i'm in a treatable place right now and i hope to keep it that way. i take daily chemo. load dosage, but that i will do it as long as it takes. mark: you are highly aware you are tom brokaw and not the average american. you have advantages most do not have. there is it luck -- a lot of advice in the book to normal people on how they should approach the medical system what are the lessons you have learned everyday americans could learn from? tom: do not walk into a doctors's office and think it is a mayan temple speaking things you do not speak.
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do not be afraid of asking stupid questions. it is your right to do that. the other thing you need to do which happened in my case, our eldest daughter is very smart and a very aggressive er physician. she was there to take notes and ask questions and the medical teams all came to life and like her a lot because she was so helpful telling them what was going on with me. she could read me in many ways better than i could at that point. so you get somebody who could do that for you. then, these days, you could go on google, not read everything but go on the good sites and they have got every cancer categorized. you could find out what the latest is an raise questions with primary caregivers. >> you and i have both had a chance to be treated and spent time at the clinic. it is one of the great
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institutions. you cannot help but try to figure out what makes it so good. what have you figured out that makes it a supreme organization? tom: a man by the name of dr. plummer back in the early 20's of the 20th century, they figured out they could not deal with the volume unless they had gotten a system in place and he has a great medical mind but also a great engineering mind. he advised the system of record keeping and made sure if you had a competition case and two or three physicians, all looking at it at the same time as sharing information at the same time simultaneously. seems like that would be no brain surgery, that everyone ought to do that here but it is one of the few places in the world where they have systemized it, so everybody knows what is going on simultaneously, and you do not have to run from place to place to keep catching up. any other part of it honestly, the doctors who go there are paid on a salary and not for
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service. they know what they will learn to a will not order up extra tests just because they would get a little extra money. every time i hear one of them getting an award of some kind, they unfailingly prate -- praise their collies. they say they are so lucky to be part of the clinic there it is an unusual institution and i cannot imagine why the rest of health care just does not take that model and copy it. >> this is not a book about health care reform or the affordable care act. but you say obama care is too wide ranging and two combo kit appeared what does that mean? tom: i have been paying a lot of attention to health care reform at that point p or i came of age when medicare was being kicked in and that was highly controversial. they said it would ruin medicine. then i did a primetime documentary with hillary clinton and i thought hers was two combo kit it.
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i would have thought they should have been paying more attention to the economy at that point. and a second piece of it, let's start with uninsured and take care of those first, see what works, and get more input from great institutions like the cleveland clinic and others. but it is massive and people still have not figured out what the costs will be altogether. we have got to do something about it. i also say in the book the republicans just took shots at it and did not come up with anything of their own. that was a failure, i think. i think the country is looking for someone who could manage things well and is responsive to their concerns and this business of the american trim fading, if not going away altogether, it is a big concern. i do not think the last election, extramarital ideological shift. what they said is they would
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give republicans a chance and if they do not give -- get the job done, they will find out who can. people are looking for a way to make the country work again, the way that it should. i have been going around the country saying this country was told on a very big idea, that we will all create a republican which we'll all have a voice and a roll. the great story of america is big ideas, the abraham lincoln's, the roosevelts, world war ii, we have not had a big idea in politics now for some time. we need a big idea that a justice concerns of the country. that is what i think they're looking for. that is my guess. mark: let me ask you one more question about brian williams. at the university of chicago last month, you are asked about this and you said basically there is a process in place and we'll everybody on all sides of the issue let the process play out p or i'm curious, given that is the case, what do you think
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of the key factors in ultimately reaching a conclusion about whether brian could sit in that chair again? tom: i will not go to that. i will go back to my original answer to the question. in fairness to the people of nbc who show up every morning and go to dangerous places and work let's let the process play out. any speculation i offer, even to you, and you're my friend, it is on a social media and i do not want to go there. mark: i totally understand your answer. the book again, a lefty life interrupted -- "a lucky life interrupted her co- -- interrupted." tom brokaw. we will be right back. ♪
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>> two latebreaking pieces per jeb bush. sean hannity on the iraq war, is
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happy to clarify his position. tomorrow, we have the former ci chief. until then, sayonara. ♪ . .
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alix: this is the bloomberg market day, i'm alix steel. we have stocks falling for a second day, you have the dow up but let's put this into perspective. at one point, the dow jones was up by 180 points at its session low and finished lower by 37 points. testing a five-month high

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