>> good evening and happy mardi gras. i'm bobby jindal. ♪ mark: have the mega seinfeld hulu day -- in our show about nothing, clinton's bizarre volunteer and first, the summer of bobby. just moments ago in louisiana, governor bobby jindal will announce he's running for president.

bobby jindal: in place it is not clear by now, i am running for president without permission from headquarters and washington, d.c.. rest assured that i am rested and ready for this fight. mark: he's 44 years old and took office in 2008. he was the country's first indian-american governor and louisiana's first nonwhite governor since reconstruction. he is, in many ways, and impressive guy. but he's mired in that last place in the republican race. what's the best case scenario for his candidacy? >> it drained him of the spontaneity. he needs to show a fighting spirit. he needs to show that he is special and different, i don't think the speech did that. >> i thought that the speech was

a stainless putting -- a.k.a. a hot mess. a hodge hpodge, nothing that stood out. there was hackneyed language throughout. why you would use a phrase that is associated firmly with richard nixon, i do not know. >> look, a lot of people have used the announcement to rise in the polls. i don't think this will help them in the polls. he chose to do it in the evening, which others have done. >> you are going 13th. the bar is higher, he is way underperforming. after the segment, we are going to listen to extended excerpts and talk more about bobby jindal into the race. moving on to other stuff, ted

cruz spoke. he sounded like a president of candidate who had nothing to do with the capital. the secret word is cartel. ted cruz: the only people we ever nominate are people who never take on the washington are tell. you know what, if you have never taken on the washington cartel, you are not medically going to start a new office. >> he has been getting high marks for recent speeches. he does not appear to be catching on in the early states, he hovers around 5% in new hampshire and i will hold. he and fellow senator rand paul have had trouble reaching double digits. marco rubio has been on the rise and getting more done. john, have they hit some sort of ceiling? or are they buying their time?

john: neither. i think they are stalled. both of those guys after their announcements got a nice bump. we would've said they were in the top tier along with walker rubio. clearly a second tier. they both have room to go. mark: we get asked all the time. we hear reports they are raising money, but why are they not rising in the polls? more than some of their rivals they have the capacity to get hot with constituencies. i do not roll them out. it is surprising they're not growing more. additionally, ted cruz -- because he has been so visible. john: that could be wasted money, rand paul -- the organization thing raises other voters.

if he is organizing strongly in iowa and new hampshire, he has a lot of. i knew -- a comes after a poll that showed the same thing. let's let the cable news posts take it from here with their patent mixture of disgust, joy and sarcasm. >> trump rising. >> donald trump surging in the polls. for real. >> donald trump is performing surprisingly well. >> only the donald is not surprised. >> the candidate all the candidates try to dismiss just surged into second place. >> donald trump managed to take second place. >> somehow, the donald managed to take second place. >> sector plays at 11%. >> what say you about this most shocking development that has

the political world in tutors -- in titters. >> it's june. they've been out on the docks. who are you voting for? i'm voting for donald trump. john: why? regardless of tone, that face of befuddlement, they are all surprised. why is everyone so surprised? mark: trump himself told me and others that when people believed he would run, his numbers would do better. i would never be surprised. john: we cannot count to the extent of waiting -- name recognition. john: there is a market for

somewhat xenophobic. pat buchanan with more interesting here. 1996, he won the new hampshire primary. there are some republicans in the state who want to hear it. mark: a former paris stuff -- a former barista and graduate of pratt institute said she applied for a fellowship on hillary clinton's campaign and got the job. that she found out it was unpaid. she says hillary clinton should pay her interns if she's talking about higher income. are those complaints valid? john if there was some chicanery : here where they were not transparent about other was unpaid, that's a problem. but it is the case that political campaigns run on volunteer label -- involved -- volunteer labor and unpaid

intern labor. they've done unpaid internships in their lives to gain valuable work experience. if they lied to her in some way, that would be bad. i don't see any evidence of that. if he wants his job, go take it. mark: she laid out her longtime support for hillary clinton. there has been a trend that says unpaid interns are exploited labor. they should be paid. i'm not saying she has to take the job. but you could imagine, there is an argument to be made about hillary clinton believing in the --. john: it is the case that she calls it indentured servitude. last time i checked, that was forced labor. if you do it on your own

collision, you have no complaints. john: the best and the rest from bobby jindal's campaign announcement. after this. ♪

mark: it is time to dissect bobby jindal's announcement speech from earlier this evening. he contrasted himself in the current president and the democratic front-runners. bobby jindal: this president and his apprentice and waiting, hillary clinton, are leading america down the path of destruction. economically culturally internationally -- the most devastating thing they try to do is redefine the american dream. the simple fact is they are trying to turn the american dream into socialism. now, the folks in washington may call that the american dream. out here in america, it is not mine. out here in america, in the real

world, we call that the european nightmare. mark: he is talking about socialism, good politics. john: it seemed so extreme to me. i want the authenticity from him. he is a cerebral, really in guide -- he was a prodigy. he has now decided that the way to get out of the hole he is in is to try to run to the right of everyone else. that is a hard thing to do given this field. we have not heard ted cruz, mike huckabee, many people invoke socialism. in the announcement speech. invoking it, odyssey, many republicans feel that. it is not something we have heard from the furthest right candidates. that is not a winning strategy. mark: republicans ignore hardly that the candidates can get very favorable coverage. this guy could be press favorite. but when he says stuff like that, he is welcome to do it but he is forfeiting the

opportunity to be considered a favorite candidate by the media. john: put aside the socialist thing. again, this is the greatest country in the world. publicans believe that, democrats believe that. many people have criticism of hillary clinton and barack obama. but to say they are going to drive the country into apocalypse, that seems hot to me. in the republican pack, he targeted jeff bush. bobby jindal: you heard jeb bush saying we need to be willing to lose the primary in order to win the general election. we're going to help them do that. [applause] let me translate that political speak into playing with. what jeb bush is saying is we need to hide our conservative ideals. but the truth is, if we go down that road again, we will lose again. let's do something new with

endorsing our own principles for a change. let us boldly speak the truth. [applause] john: he is not the first republican who has taken a shot at jeb bush, implicitly or exquisitely. mark: in terms of offering a roadmap to the higher tier, i think going after bush was smart. there is residents -- residents to say that bush is running not as someone who will fight for conservative values. i think it is one of the smartest things politically. john: if you're not going to be the optimistic candidate of ideas, i think that bobby jindal could be, but if you're not going to be that, the only way to get out of 2% is to start attacking people. you have to take someone down jeb bush is the most likely target. mark: the answer -- somewhat is his record of governor as

louisiana. bobby jindal: there are a lot of great talkers running already. but not one of them can match our record of actually shrinking the size of government. we have had enough of talkers. it is time for a doer. in the aftermath of katrina, the economy will was in a downward spiral. our biggest city was reeling for 25 straight years, more people have left the moved in. louisiana was in trouble. we have to make big changes. we had to believe in louisiana again. and that is exactly what we did. [applause] mark: again, we have heard from some governors in particular i'm a i'm a talker -- i'm a doer not a talker. how effective do you think that is?

john: ethics reform, which he did do. government spending cuts, which he did do. that does not address the problems that they have had. his approval rating is so low. i think all of these governors, true of him and christie and walker, it is true of casekasich people are going to come after their records. every governor has a mixed record. his record in approval ratings are problems. john: let us be specific. the biggest problem he will have in louisiana, they have a budget deficit -- it is a huge monster hole. republicans are unhappy with him, as much as democrats, because why he shrunk the size, he is not been a deficit hawk. he does not have the finances in order.

there is a target there and people in louisiana no that. i also thought the rhetoric in the framing of it, because it was so tired, it was one of the hack made limits of the speech. i wanted to hear more about biography, because he does embody the american dream. we heard a little bit of the mentioned at the beginning and the end, some about his parents, but he does not want to be a hyphenated american. this guy has a great story, i won more that. mark: when he talks about his parents, he has been fantastic. the problem with the script, he is not going to be at his best. i think ted cruz did a smart thing. it certainly well. bobby jindal should've taken that same risk. john: we know that he does not

always hit it out of the park on the stump. at his best, he can be pretty good. not the best, but pretty good -- way better than he was today. this felt wooden and over practice. again, so much of the language so hackneyed, it with certain better because more of him would come through. mark: some people asked me if he is running for vice president. no one runs for vice president. he did not show what he could add to the ticket. his possibility is on the ground in iowa. john: if he starts putting out actual policies, that could be his roots. we will be right back with more, and a republican mega strategists, right after this.

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john: we are back with yearbook at her in chief cam. kim. the biggest story has been the confederate flag. suddenly, the train has left the station and everyone agrees the confederate flag should come down everywhere. you have a client in mississippi who came out, roger wicker, who came out today and said he wants the flag to change. how did this happen? the easy answer is the shooting crystallized things. there is no doubt about that. the republican party has moved really swiftly. talk about the dynamics there. kim: i think it is one thing

growing old with age. nikki haley is a young, very aggressive, courageous republican. you are right. she has not been particularly impassioned about getting rid of the flag. john: she is played it down. kim: she doesn't shy away from doing what you have to do to do the right thing. i think her going ahead and doing it and having the popularity she has, just opens the door to say as the republican party, we are going to go ahead and get rid of this. and i think that's fine. like you said, having the righteous indignation, that some people have come up with recently may be put on for the moment, but you cannot deny lives were taken and it brings up some emotions. why not take the opportunity to do it. john: do you not think the expedience -- the republicans look around and said we have to get this issue off the table. because if we are going to be asked about this for the rest of the cycle, let's just fall in line so we don't have to talk

about it anymore. kim: why are we talking about it? people don't have jobs, schools need reforming, things the republican party can do well economically and even emotionally. why not talk about those things? why are we wasting time on something like this? it has meaning for a small amount of people who still fight that war, but at the end of the day, is it going to get some someone close to a job? mark: i think it had meaning for the person who went in and shot up that church. there were a lot of african-americans -- kim and that is terrible and : horrible and should ring at the issue of the underlying problems that are there. but over the course of an election, is this what we want to be talking about or should we talk about how we get that guy a job? and some help. mark: on most social issues one side usually gains favor and

then will switch back a little bit. gay marriage, a lot of conservatives are fighting that fight. it may be too soon to say. is this issue now over? is it going to move toward getting rid of the confederate flag as part of public life? kim: i do. i think it will. this one is a hard one. gay marriage and life have moral roots and issues with caring about the life of a human being, you know caring about a , religious belief. where do you put the flag and that continuum? the flag is a symbol of the old south. it is a symbol of -- where does someone go to church and say i want to keep the confederate flag because. what's the end of that sentence? i think that's a good indicator that if you can't answer that question and make a passion ed speech of why you want it, why would stick around? mark: can you think of a place or a client where they said i

want to keep defending the flag, i think it is important you , wouldn't try to talk them out of it? kim i don't try to talk my : client in or out of any decision. mark: if someone said that's the position i want to a take, what would you tell them? kim i would say there's : something more important to talk about. john: you motioned at the wall back there. i'm curious as to whether you see a parallel between this and gay marriage. i imagine one year from now, could -- republicans will look at this confederate flag thing -- will it be the same thing with gay marriage? kim: i don't think it will be a simple transition. with gay marriage, there are deep religious underpinnings that don't exist like they do with the flag. i don't think you have people who have been part of a faith their entire life to say the confederate flag is the thing to have flying over your house. i don't think you have people who believe in a particular set

of values that will stick with that and that will make it harder and different. rightfully so. mark: quickly the , republican party has brought up cyber security. is that a strong issue for republicans to talk about? kim: it's a smart issue. if we want to be a party of smart issues, let's talk about it. my power went out last night and i had the shakes because i couldn't do anything. the fact that everything we do -- mark: we will see you on our bloomberg politics live stream shortly. make sure you sign are your books before we go. when we come back, our favorite "seinfeld" moment after this. ♪

john: hulu is hosting every episode of seinfeld. we got bernie sanders to clear clear up whether he, not larry david did do the voice for , george steinbrenner. senator sanders: it struck me that it could be the greatest

thing to happen to this organization. mark: remember to get your kicks here tomorrow. until

emily: dropbox grows its user base. but competitors are closing in on market share. i will talk about the company's strategy with the ceo. ♪ emily: i am emily chang. this is bloomberg west. coming up, box teams up with ibm. how will it help in the cut gros cutthroat race for customers. john scully has a plan to disrupt ibm, salesforce, and oracle. he is here to tell us a about his new company.