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tv   MTP Daily  MSNBC  March 16, 2022 10:00am-11:00am PDT

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with age comes more... get more with neutrogena® retinol pro plus. a powerful .05% retinol that's also gentle on skin. for wrinkles results in one week. neutrogena®. for people with skin. ♪♪ welcome to "meet the press daily." i'm chuck todd, we are going to get right to it, because we are awaiting remark from president biden, just hours after president zelenskyy addressed the u.s. congress. the eight is not expected to include some of the urgent requests that zelenskyy himself made in that emotional address this morning.
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president zelenskyy, first in ukrainian, then later powerful in english, compares the world there to pearl harbor, 9/11, and also invoked martin luther king's i have a dream. >> translator: i can say i need to protect our sky. i call on you to do more, new packages of sanctions. all american companies must leave russia from their market. leave their market immediately, because it is flooded with our blood. >> president biden, you are the leader of the nation, of your great nation. i wish you, beinger of the world, being leader of the
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world means to be the leader of peace. thank you. with that, president biden has came to the podium. >> -- that inspired not only ukrainians, but the entire world. putin is inflighting appalling devastation on on you crane, bombing apartment buildings, maternity wards, hospitals. it's god-awful. i was speaking about this with our commander behind me here, general milley. it just is amazing. yesterday we saw reports that russian forces were holding hundreds of doctors and patients hostage in the largest hospital in mariupol. these are atrocities. the world is united in our support for ukraine and our determination to make putin pay a very heavy price. america is leading this effort,
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along with our partners, to provide humanitarian assistance that we're adding to today, and we'll continue to do more in the days, weeks ahead. we're crippling putin's economy with punishing sanctioning that will only grow more painful over time with the entire nato and eu behind us, and many other countries. what is at stake here are the principles that the united states and the united nations and across the world stand for. it's about freedom. it's about the right of people to determine their own future. it's about making sure ukraine will never be a victory for putin, no matter what advances he makes on the battlefield. the american people are answering president zelenskyy's call for more help, more weapons for ukraine to defend itself, more tools to fight russian aggression. that's what we're doing. in fact, we started our assistance to ukraine before this war began, as they started to do exercises along the ukrainian border. the russians started in march of
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last year. we took the threat of putin invading very seriously. we acted on it. we sent ukraine more security systems last year, $650 million in weapons, including antiair and antiarmor even before the up investigation. when the invasion began they had the kind of weapons to counter the advances. once the war started, we rushed $350 million to address their needs. transport helicopters, armed patrol boats, and other high mobility vehicles, radar systems that help incoming -- secure communications equipment. satellite image remember, and analysis capacity. and it's clearly helped ukraine inflict dramatic effects.
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on saturday we initialized more money moving to ukraine. against, using my presidential authority, to activate additional security assistance to help ukraine fend off russia's assault. additional $800 million of assistance. that brings of total of new u.s. security assistance to eyer ukraine now, i thank the congress for appropriating these funds this new package will provide unprecedented assistance, including anti-aircraft systems to make sure the ukrainian military can continue to stop the planes and helicopters that have been
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attacking. we have identified and are helping ukraine acquire additional longer-range anti-aircraft systems, and the munitions for those systems. in the new assistance package also included 9,000 antiarmor systems. these are portable, high accuracy shoulder-mounted missiles that ukrainian forces have been use with great effect to destroy invading tanks and armored vehicles. it would caleb 7,000 small arms to the equip the ukrainians, including civilians. as well as the ammunition and artillery and mortar rounds to go with small arms 20rks million rounds in total. 20 million rounds. this will include drones, which demonstrates or commitment to sending the most cutting-edge
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systems to ukraine for its defense. we are not doing this alone. our allies and partners have stepped up to provide significant shipments of security assistance and will continue to help facilitate these deliveries. our partners are fully committed to surging assistance to ukraine, and more will be coming now, i want to be honest with you. this can't be a long and difficult battle, but the american people will be steadfast in our support of the people of ukraine in the face of putin ace immoral and unethical attacks. we are united in the abhorrence of depraved onslaught, and we'll continue to have their backses as they fight for their very survival. we'll give ukraine the arms to fight and defend themselves through the difficult days ahead. we're going to continue to mobilize humanitarian relief to
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support people within ukraine and those force to do flee. in the past three weeks we've had provided humanitarian assistance, tens of thousands of tons of food, water, medicine, other basic supplies to support the people in no eddo need. our experts on the ground in po loaned, molt dova, other neighboring countries, are there to make real-time assessments to get supplies to the people when they need it. we'll continue to isolate putin and his sun on the global stage. that's our goal, make him pay the place while strengthening the hands of the ukrainian
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people. we're going to stay the course. we'll do everything we can to push for andened this tragic, unnecessary war. this pits the appetite of autocrat versus human kind's desire to be free. let there be no doubt. america stands with the forces of freedom. we always have and always will. i want to thank you all, god bless you, and i'm going to walk over to sign this bill to allow the drawdown of those ability also. and may god protect the young ukrainians out there defending their country. g ukrainians out there defending their country. we're going to sit in this for a moment, maybe he'll share more comments or take a question or two. >> delegation of authority, the
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assistance act -- a total of $800 million. let's listen in. >> -- what president zelenskyy is asking for. >> i'm not going to comment on anything other than what i told you today. all right. he held up there, did not turn around one more time on that one, and said he doesn't want to say any more, when asked a direct question. i believe that was by our colleague, kristin welker.
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shannon pettypiece, josh letterman is in brussels. a lot to unpack here. shannon, before i get to you, our lester hold had a few minute with his president zelenskyy after his address to congress. here's what he said to lester hold on questions regarding some of the biden's hesitations about fulfilling every every request that zelenskyy wants. >> president biden has been very clear, he's worried about provocations that could trigger world war iii. do you understand his concern there? do you agree that it wouldn't take much to end up in world war iii in. >> translator: nobody knows. it may have already started, and what is the possibility of this
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war if ukraine will fall -- in case ukraine will fall? it's very hard to say. we have seen this 80 years ago when the second world war had started, and there were similar tragedies in history. nobody would be able to predict when a full-scale war would start and how it would end, and who will end putin to that. in this case, we have the whole civilization at stake. >> shannon, he has much moral clarity now for a reason. he's in a country fighting to survive. i think it's not surprising that he already sees it as a the world war iii has already begun. this feels as if they don't accept that posture, but don't want to criticize that posture,
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either. >> reporter: what we have heard for months, they want to avoid the direct shooting between u.s. and russians, that sort of direct conflict between the u.s. and russia is what they seem to sense is going to be the type of thing that trigger a world war the howls has been pushing back from this request, for even transporting these fighter jets to ukraine because of the risk it could trigger the u.s. directly firing at russians, going beyond just a conflict between ukraine and russia, but know involving two of the world's nuclear powers shooting at each other. that's what the white house has said they're trying to avoid, but zelenskyy making this broader point, a world war doesn't start all at once. it starts in one place, it
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presents and expanse. it raises the point none of us know where this is going. none of us know where this heads next, which is the point of point he is making. we do expect the white house to hold this position they're not going to support a no-fly zone. of course, that could change at any point. >> shannon, what do we make the jake sullivan's call with his counterpart in russia? it feels like we haven't had that lower-level communication in the last week or so. i know general milley has had a hard time having his counter, secretary austin has had a heart time talk to go his counterpart there. is this something to see as maybe progress and potential talks? >> reporter: i think it is notable. you remember in the white house at one point before the
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invasion, blinken and lavrov were supposed to have a meeting, and biden said if that didn't take place, the door to diplomacy would close. maybe there's a positive indication from that, but if you look at what he heard from putin today in his remarks, there does not appear to be any indication that he is backing down or signaling any change in posture. i know the russian experts on our air have been saying he's been doubling down in those remarks. maybe we'll see some further steps as far as this channel of communication. >> shannon pettypiece, thanks. obviously a little noisy out there right now at the white house complex, if you will. let me move over to courtney kube at the pentagon. are the migs more of a symbol?
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the drones that we're sending, these armed drones, is there much of a difference in what they can do versus what a mig can do for them? >> yes. the migs, 100%, they are a symbol. it would be a show of strength or conversation in the ukrainians, but the reality is, from an operational perspective, they're not necessarily what's been needed. ukraine isn't flying most of the migs they have. what is more valuable from an operational perspective for ukraine right now are a couple things that president biden pointed out, thing already being provided to ukraine. one that caught my attention was 800 antiacraft systems. i pound on the systems. the u.s. has already provided stingers, missiles, but he specifically talked about systems here. that's something i'll be asking
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more about what this means is some of the potential anti-aircraft systems, like the sa-10, used by some of the countries around ukraine and eastern europe, the s-300 is another one. i don't believe the u.s. has either in its inventory at this point -- >> isn't that bull gary has some? >> yes, exactly. so that seems like that would be more likely there, but i am going to ask question about the word "systems." not only can they be antiair, but some have the potential to stop ballistic missiles. a lot of the damage we've seen has been caused by missiles. 9,000 antiarmor systems, that means nosh jahvid lynn. 7,000 small arms. the reason that's important is that it shows that there are
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many regular men and women coming off the streets. they need weapons, things like a rifle. i've been hearing more and more from u.s. officials about the need to arm these individuals to fight. 20 million rounds of ammunition. that's important. no battle ever has been enough ammunition in a conflict. then, of course, the drones you mentioned extremely important. we had an exclusive report last night that the u.s. is considering sending switchblade drones. the president didn't specify what drones, but those are armed drones. they could be a game changing for the ukrainians on the ground, chuck. >> courtney, is it a month worth of welcome or two months? is there a way to calculate that? >> no, that's hard to say. there's so many different capabilities. the ukrainians need handheld radios, secure communications. that's hard to quantify how long
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something like that would last. if you look at where the air war is right now, it's not -- there aren't thousands and thousands of munitions falling out of the air every sing the day. theoretically some of these antiair could last for some time. 600 stingers from the united states, the germans have sent some, others have as well. their arsenal should be in the thousands right now, but we don't have a good sense of how much they're firing, so that's a hard question to answer. let me move over to gabe gutierrez in lviv. gabe, are you heart and sealing, feeling an intensives of russian missile strikes on the western side? >> reporter: not this far west. we have heard in air sirens, at least three yesterday, but the
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war has not made it this far, though there's that consideration of the military installation attacked a few days ago. here's the line of refugees has not slowed, the u.n. saying more than 3 million refugees have left ukraine, about half of them children. this train station spent most of the days upstairs that's holding children up to 5 years old. we've been speaking with his refugees. as these air strikes are happy, more and more of these refugees are coming in desperate times. they are waiting in line for a train to poland. now other countries throughout belt july, netherlands, france, italy. we have been hearing increasingly disparate stories how the refugees are getting
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out. one of the doctors, a mental health professional from kyiv, he has become a refugee. he's had to leave the area. this is not slowing at all. many have suffered deep trauma. some extremely young children, even visiting a cancer hospital now, you know, that has been dealing with these young patients, young girl 15 years old battling leukemia while her country is at war. chuck, these attacks have been intensifying, mare i don't wantle, of course, a huge concern some 400 hostages have been taken by russian troops there. we're now hearing more stories in the eastern part of the country. >> and they're only going to keep coming as lviv is turn turning into a western waystation there. let me move to brussels.
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that will be the center of attention over the next week. defense secretaries have been pleat this week. we know a president at a leader meeting next week. what's next on the table? obviously we're talking about getting more military aid there, more nato nations figuring out how to do that, but i assume this is also about contingency plans. >> reporter: it is about contingency plans, long-term contingency plans, with the nato defense ministers today focused on creating what they described as a new normal for nato in the long term, giving the rising russian threat. if you're one of those anxious nato allies in russia's backyard, poland, romania, the battics, you're probably breathing a sigh of relief today, secretary-general stolenberg announced they are
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considering acincrease the nato presence. they're looking at significantly more troops in eastern europe, as more air and sea-based -- more carrier strike groups, more combat ships, he says will be deployed persistently not just on an intermittent basis, on all of the things putin said he was starting a special military operation, he -- started to avoid. in fact, stoltenberg said, russia wanted less nato presence? guess what? they'll be getting more. biden will come here next week, as courtney was describe, they'll discuss how they can identify and find more advanced
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and significant weapons systems they can provide to ukraine to help it defend itself, but nato once again ruling out a no-fly zone, ruling out any troops on the ground. >> josh letterman in brussels, thank you. i want to move to senator jackie rosen. she, with her colleagues this morning as president zelenskyy addressed congress. senator, i sort of remarked to a colleague, you know, if there was a dry eye left at the end of those remarks after hearing president zelenskyy in english, i would lope that person would choose to leave congress. i would imagine it was a pretty emotional moment. >> thanks for having me. i can tell you you are absolutely right. when you saw the video, that stark reality of what life was like in ukraine a month ago, and what it's like today, when you see the bravery, the resiliency, the kinds in and generosity to each other, the ukrainian people
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have shown, it moved me to tears. i was speechless when i left the room, and what i know now is that we must do everything we can working with our allies and partners with and through them to increase our fighter jets, be sure we get those drones to them, increase their air defenses, and i can tell you that i am chairwoman of the subcommittee on commerce. we need to shut down american trade and we they'd to sanction the moscow stock exchange. so there are things we can do in every avenue to isolate chairman putin, to shim for the animal that he is, on the ukrainian people on a sovereign country that the world won't stand for it. >> look, i guess sometimes, it feels like we have a moral obligation here, but there is
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certainly a rationale that says, be careful leading with your heart, it may get more people, may draw us into a wider war that might be avoidable. what's your line on this? >> well, i think the important thing to remember is that we do have allying and partners around the world, working with and through them, we can get the supplies to the ukrainian people so that they can take care of themselves. remember last week we voted to supply about $14 billion in aid to ukraine. that would be for military support and humanitarian support. they need food, they need medicine, even the regular ukrainian people. i saw a segment on a company that made shoes before. now they have switched to making combat army boots so people have strong sturdy boots in the cold. the ukrainian people are taking care of each other. we have to find a way to take care of them.
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they can do the fighting if we give them supplies. do you not think if you supplied these migs, it would be considered escalatory? and do you think we should care? >> we have to show president putin with sanctions, other kinds of policy things, supplying things to the ukraine, we can't let him go any further. we have to do as much as we can through our allies and partners. i'm going to advocate for that here every way i can, and i can also tell you that i know we're going to talk about this, but i sent a letter to secretary majorca's office, i'm the only computer programming in the senate, so i have some knowledge. so we have to be on the ready, not just on the homeland, but around the world, for increased
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cyberattacks, what are we doing? how are we doing? what resources do we need? we have to be ready for putin on all -- in all areas, and he's unpredictable. so i think we still need to support the ukrainian people, because you cannot watch those videos -- i'm not going to watch who am i going to be in this moment? would i watch world war with a box of popcorn? no, that's not who i am and that's not who the american people are. >> can you think of a resolution that keeps putin in power? >> i think there's some reports that president zelenskyy may offer to never join nato, their sovereignty, and they have their own military. i think we have to allow for diplomatic relations to go
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forward. we have to try to save lives every way we can. this is why we're doing some of the other sanctions, because i don't want to see more stretchers of people going through, maternity wards being bombed, old people walking in the streets and the train stations. i think there might be an off-ramp. hopefully putin is realizing this more. the rest of the world is not going let him get away with it. >> you know, i know the diplomatic way out is the whole idea of give him an exit ramp, that he gained something here, but isn't there -- isn't that a strategic failure if he walks away from a this, believing he gained something? we can't think of it as success and failure when people's lives are on the line. look at that strain station, that video that president zelenskyy showed this morning.
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30 days ago, modern life in ukraine. today? if you took the color out of it, it looks like a picture from world war ii, bodies being dumped into mass graves because of the bombings, because of the brutal inhumanity that vladimir putin is showing to the ukrainian people through his a.s. i think we have to do what we can to save lives. these are somebody's family members. >> i guess it comes back to vladimir putin is a war criminal. it's sort of -- it's sort of almost to the point where there isn't a debate about that anymore. this was a war of choice. he's blatantly killing people. he's targeting civilians, and it's like, how is there ever an on-ramp for him ever again. >> well, i don't know, but all i know is i want an end to this. we have to find a way to stop vladimir putin, whether it's a cease-fire, whether the ukrainian people overpower him,
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get their country backs and then we can have the international court determine what putin and his regime will be charged with. the entire world, like i said, is watching. it was only about 80 years ago we saw this happen in world war ii. the world is watching what we do now. i really believe -- there's few moments in our lives, personal, professional, where we all know where we are, and we have to stake stock for what we are and what we want to be remembered for. i'm going to do everything i can in my positions on armed services, homeland security, and chair of the trade committee to do that. >> senator jacky rosen, democrat from nevada, making an argument for moral clarity here. senator, i appreciate it. thank you. >> thank you for having me.
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coming up, putin has held talks with one western leader more than anyone, the president of france, the french ambassador to the united states joins me next. me next
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uk went into effect last night. but even as russia grows more isolated with each round of sanctions, some western leaders, particularly president macron, are try to go keep an open line to the kremlin. joining us is the french ambassador to the united states. good to see you. sorry it's virtual, but i knowic looks half the world, from what you heard today from president zelenskyy, what you heard today from president biden, how does this end diplomatically? >> we must continue to work on a political solution, of course, but indeed the situation is worsening by hours. we also have to increase the price of this invasion, of this indiscriminate attacks against
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ukrainian civilian -- also to increase help to the ukrainian people, the eu right now, and our president are actually -- we act on this with three levels. increase support to the ukrainians, increase the price of the russian aggression by sanctions, and we're about to have a new round of sanctions, but also to maintain, to keep this line open we have to pass messages, the ukraine -- to reach a political solution at one point.
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>> would president macron say vladimir putin is a rational actor here, who just has a different world view? does he misunderstand us? do we misunderstand him? or is there something else at play here? >> i'm not sure that's the question we have to give an answer to, is really a question of, you know, the psychology of one person, because the answer is already here on the ground, with the actions that have been taking under the authority of the president by his army. so the question is more to raising the price, and
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supporting the courage of the resistance exemplified by the ukrainian president, like this morning to congress and to other parliaments. our answer really is to push to make all efforts to reach a moment where we can hope that the russian president will -- a solution, in between. we have acting. i give you one example, today the european union announced that ukraine and moldova are synchronized with europe and greece. it's a concrete way to act and show that we consider ukraine as
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part of the european family, and it also has complete consequences. >> nato membership is a long way off at this point given that ukraine is fighting to be european. they're begging to be european, can you imagine them vegually not being part of the eu? >> the ukrainian president has signed the formal application of ukraine to become a member of the european union. the european leaders have answered this request by recognizing them as a member of the european family, starting the process of of the -- starting to process this application for the time being.
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, of course, is an urgent needs for help, and it's one example of electricity, but also macro financial and to the refugees, the european union is -- has already welcomed 3 million refugees. that has happened since world war ii, such a sudden flow of refugees. so we do a lot of things as a member of the european family? >> as i said, the french president has unique inside into
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putin's somebody has to keep the open dialogue. we appreciate you coming on and explaining that perspective to us. we want to turn to an update of the humanitarian crisis. we should warn viewers, some of the these images we'll show are disturbing, graphic, they're just hard to watch. some of the worth of this war is happening in mariupol, which as you've been hearing, has been surrounded by russian force foss week, without supplies, without water, without internet, no connection to the world. it's just awful. the russian strikes have hit both residential buildings and
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hospitals. remarkably, even as they're being targeted, doctors still work to save those injured in the attacks. these hospitals are up and running, in some cases, believe it or not. there's a bit of hope. we got new video this morning of 2,000 cars that officials say managed to get out of a humanitarian corridor that russia did not renege on. we'll be right back. not renegen we'll be right back. dry eye symptoms driving you crazy? inflammation might be to blame.
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request for military aid. many lawmakers are embracing his demands, though, for more equipment. joining me on set is for some analysis is "the washington post" national security intelligence reporter shane harris, and symone harris. what dunk? >> i thought it was effective. hi hosted ukraine's version of "saturday night live." i don't say that cal lousily, but a thought the theatrics, how he's staged had is videos. sometimes he speaks in russian. today he spoke in english to the american people. i think it had an effect, but there are political reality.
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the political reality is no one wants to go to war with russia, no matter how impassioned that speech was. >> i'm going to put up a peephole that sports what you just said. 85% strict economic sanctions, 78% would like to see more military forces, 69% admit that -- only 35% are ready to take military action because of the risk of a name -- nuclear war. with 9/11, the fight was here. and i think this election, when we go to november, it will be fought once people leave the tv set or they go and buy gas or goods, but one thing that struck me, i kept thinking about, if
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you want to speak to people, you have to do it with their language. he's done this with every address, whether it's canada -- >> he addresses their own history and fears. what he's trying to send a message, is saying, kyiv is our new york city. it's hard not for him to create that sympathy. at the same time, he also knows, as you all said, the appetite for any kind of intervention is low, but he knows where there's wiggle room. it was interesting to see him address the issue of those s-300 missiles. he know a no-fly zone is off the table.
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>> you heard president biden's remarks. do you get the sense that he's saying, yes, we're going to do that? we will give us this. >> he seems to be leaning in a direction of we can do more. he was very careful talking about a major deviation from what there has been, and the white house knows the s-300 missile systems could help. >> it's a symbol because zelenskyy made it a symbol. >> u.s. intelligence officials also determined they think putin will see the planes as a step too far, and ukrainians look at that and say that's preposterous. >> we know what a plane is, and -- >> yeah, what does a missile system look like? >> drones, those are dangerous.
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>> today when the president said drones, that was the first time i heard drones in the conversation. you have to look at it through the lens and listen to it through the lens of not the professional security folks sitting at this table, but folks listening and could have been on their lunch today listening to that. >> does president biden need to do more? >> i don't think he needs to explain why the fight matters because the american people are seeing the pictures and images on their television, and the empathy is there, and seeing the photos -- i never have been to ukraine before and i have seen photos of what mariupol used to look like. it was a beautiful, beautiful oasis. you have to do the
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>> since the war started and since the war has started and what we plan to do, and -- hold up, now, we have done some work. >> i noticed he did not take the bait and did not want to get into a tit for tat with zelenskyy. you will not win that war. >> yeah, that's a trap, him getting into a back and forth with zelenskyy. >> do you have any insight with this counterpart in russia, is that a sign of progress? >> i think so and the foreign minister created an opening to say these could be productive. putin going on national television as he did after zelenskyy's speech was telling, and he doesn't give the speech saying it's going great and exactly what we expected unless he knows it's not great and not
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going as expected, and that's a weakness. the fact that the russians are reaching out on the different levels and having the conversation with jake sullivan, and that tells you they do not feel they can afford to not have the conversations. >> this is the first time i feel like time is not on putin side. the question is the american resolve or the western resolve. >> i think it matters we have in the three to six months before the mid-term elections, and voters go to the booth with in mind what they are feeling around them, and is gas more? can i get my packages on-time? some of that is out of the administration's control.
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that supply chain is not something america can fix, it's a global issue. >> yeah, and reading the larry summers op-ed, what he wrote was pretty scary. >> i think if i am looking at this politically from a democratic perspective, there's a lot of conversations about gas and the ground brief. >> the biden tweet today, it says oil prices are decreasing and gas prices should too. oil and gas companies shouldn't pad their profits at the expense of hard-working americans. >> he certainly is now trying to blame it on vladimir putin, and
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he has called it a putin price hike and that's catchy, and now he wants to lean on the oil companies, and that's about the only place that americans are feeling this right now in terms of any kind of sacrifice or ripple affect. $800 million in military stuff that nobody knows what it is, and he's saying we are not going to war, we will never do that, and that's the message. the gas prices have a huge political blow back. >> and the venezuela, and saudi arabia -- >> well, we have not seen from the white house if anything has come of those conversations. i do think it's very trajectory, and those are my thoughts and not my colleagues. >> venezuela has domestic impact if you work there politically. even the saudis, is it good politics to reach out to them or not? there's an appetite left and
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right on the saudi's -- >> not at all. the bigger danger zone is iran, a georgia congressional district, iran was a polling booth for us and we were running ads on it, and it's good for us as republicans. >> that's also dead too, for what it's worth. thank you all for guiding us for the rest of this hour. be sure and tune in to the latest episode of the chuck todd cast. i will be back with more "meet the press daily" tomorrow, and msnbc coverage continues with katy tur after this break.
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♪ ♪ ♪ ♪ with a bit more thought we can all do our part to keep plastic out of the ocean. centuries ago, native californians thrived on this land. now, we share a destiny with all californians. when voters granted our sovereign nations exclusive gaming rights, it advanced self-sufficiency and created thousands of good jobs. but now, out of state corporations are coming to california. their online sports betting initiative would break the promise between us. it's bad for tribes and all californians.
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join us. protect the promise.
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good to be with you. i am katy tur. there's a lot going on this afternoon, and we will have the latest out of ukraine in just a moment. we want to begin with breaking news here at home that will affect all of us. at any moment the federal reserve is expected to announce the first interest rate hike since 2018. the fed is under intense pressure right now to reign in the highest rate of inflation this country has seen in 40 years. we all know it. we all feel it. everything is costing more. the fed hopes today's rate increase, likely the first of several will begin to cool the economy without triggering a recession. again, we expect that decision in just a few minutes or potentially at any moment. the chairman of the federal reserve will speak about that

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