TED: COMING UP NEXT ON ARIZONA HORIZON: THE U.S. SUPREME COURT ISSUES A LANDMARK RULING INVOLVING PRESIDENTIAL IMMUNITY FROM PROSECUTION.

ALSO TONIGHT: ANALYSIS AND FALLOUT FROM THE FIRST PRESIDENTIAL DEBATE.

AND, SUPPLY CHAINS ARE ONCE AGAIN UNDER STRESS AND BECOMING A PROBLEM FOR THE ECONOMY.

THOSE STORIES AND MORE, NEXT, ON ARIZONA HORIZON.

ANNOUNCER: THIS HOUR OF LOCAL NEWS IS MADE POSSIBLE BY MEMBERS OF YOUR PBS STATION.

A.M.

THIS YOU.

TED: GOOD EVENING AND WELCOME TO ARIZONA HORIZON.

I'M TED SIMONS.

THE U.S. SUPREME COURT TODAY, IN A DECISION OF HISTORIC CONSEQUENCES, RULED THAT DONALD TRUMP IS ENTITLED TO SOME LEVEL OF IMMUNITY FOR HIS "OFFICIAL" ACTIONS AS PRESIDENT.

IN A 6-3 DECISION SPLIT ALONG PARTISAN LINES, THE COURT RULED TRUMP IS IMMUNE FROM OFFICIAL ACTS TAKEN DURING HIS PRESIDENCY, BUT NOT FOR ACTS TAKEN AS A PRIVATE CITIZEN.

CHIEF JUSTICE JOHN ROBERTS IN WRITING FOR THE MAJORITY, SAYS THAT TRUMP HAD AT LEAST PRESUMPTIVE IMMUNITY AND THAT SUCH IMMUNITY IS NEEDED FOR A QUOTE, "ENERGETIC, INDEPENDENT EXECUTIVE."

SPECIFICALLY, ROBERTS WROTE THAT QUOTE, "UNDER OUR CONSTITUTIONAL STRUCTURE OF SEPARATED POWERS THE NATURE OF PRESIDENTIAL POWER ENTITLES A FORMER PRESIDENT TO ABSOLUTE IMMUNITY FROM CRIMINAL PROSECUTION FOR ACTIONS WITHIN HIS CONCLUSIVE AND PRECLUSIVE CONSTITUTIONAL AUTHORITY.

ROBERTS ADDED THAT, QUOTE, "THERE IS "NO" IMMUNITY FOR "UNOFFICIAL ACTS."

BUT IN DISSENT, JUSTICE SONIA SOTOMAYOR WROTE, QUOTE, "NEVER IN THE HISTORY OF OUR REPUBLIC HAS A PRESIDENT HAD REASON TO BELIEVE THAT HE WOULD BE IMMUNE FROM PROSECUTION IF HE USED THE TRAPPINGS OF HIS OFFICE TO VIOLATE THE CRIMINAL LAW.

MOVING FORWARD; HOWEVER, ALL FORMER PRESIDENTS WILL BE CLOAKED IN SUCH IMMUNITY.

IF THE OCCUPANT OF THAT OFFICE MISUSES OFFICIAL POWER FOR PERSONAL GAIN, THE CRIMINAL LAW THAT THE REST OF US MUST ABIDE WILL NOT PROVIDE A BACKSTOP.

WITH FEAR FOR OUR DEMOCRACY, I DISSSENT.

TODAY'S DECISION DELAYS THE TRIAL AGAINST TRUMP ON CHARGES THAT HE PLOTTED TO SUBVERT THE 2020 PRESIDENTIAL ELECTION.

IF THAT DELAY GOES ON PAST THIS YEAR'S ELECTION AND TRUMP WERE TO "WIN" THAT ELECTION, TRUMP NOW COULD ORDER THE JUSTICE DEPARTMENT TO SIMPLY DROP THE CHARGES AGAINST HIM.

THIS ALL COMES AS THE LATEST POLLING SHOWS THAT MOST AMERICANS HAVE A NEGATIVE VIEW OF THE SUPREME COURT.

THE AP-NATIONAL RESEARCH SURVEY RELEASED LAST WEEK SHOWS ONLY 16 PERCENT OF ADULTS IN THE U.S HAVE A GREAT DEAL OF CONFIDENCE IN COURT.

40 PERCENT SAID THAT THEY HAD HARDLY "ANY" CONFIDENCE IN THE COURT AT ALL.

70 PERCENT OF THOSE SURVEYED SAID THAT THEY BELIEVE THAT JUSTICE ON THE NATION'S HIGHEST COURT ARE MORE LIKELY TO SHAPE THE LAW TO FIT THEIR OWN IDEALOGIES.

FOR ANALYSIS ON TODAY'S HISTORIC DECISION, INCLUDING THE COURT'S REASONING AND THE RAMIFICATIONS OF THE RULING WE WELCOME ROY HERRERA, A FORMER ASSISTANT U.S. ATTORNEY AND A PARTNER AT HERRERA- ARELLANO, LLP.

ALL RIGHT.

ROY, WE GOT YOU HERE.

THIS IS BIG.

WERE YOU SURPRISED BY THIS?

ROY: I WAS NOT SURPRISED BY THE RULING.

I THINK A LOT OF IT WAS TELEGRAPHED DURING THE ARGUMENT THEY HAD SELF MOPS AGO.

IT WAS A 6-3 DECISION IN WHICH THEY DECIDED THAT A PRESIDENT HAS SOME FORM OF IMMUNITY AS YOU SAID FOR OFFICIAL CONDUCT.

IT IS INTERESTING CASE BECAUSE THEY BROKE UP THE TYPE OF CONDUCT THAT, YOU KNOW, COULD BE, COULD NOT BE SUBJECT TO I HOON TY TO THREE KINDS OF BUCKETS AM THE FIRST IS, AND YOU QUOTED FROM IT.

IT IS CONDUCT RELATED TO CONSTITUTIONAL AUTHORITY.

CORE ENJOYS ABSOLUTE IMMUNITY.

THEN AFTER THAT, IT GETS MORE COME CALL IT BECAUSE THEN IT TURNS INTO OFFICIAL CONDUCT, THEN A PRESUMPTION OF IMMUNE TY, THEN UNOFFICIAL OR PRIVATE, THEN THERE IS NO IMMUNITY AT ALL.

BUT THEN THE REAL QUESTION IS, WHAT IS OFFICIAL VERSUS WHAT IS IN OFFICIAL.

TED: THAT IS THE MAGIC QUESTION.

THINGS ABOUT PRESSURING TO CHANGE ELECTION.

FAKE ELECTOR SCHEMES.

THESE SORTS OF THINGS.

OFFICIAL OR NOT OFFICIAL?

ROY.

WELL, THE COURT DID NOT DECIDE THAT TODAY.

THE COURT TEE SIDED TO KICK IT BACK TO A LOWER COURT TO MAKE AN INJURY INTO WHETHER PARTICULAR TYPE OF CONDUCT FALLS WITHIN ONE OF THOSE BUCK KETTLES.

WHAT IS NEXT IS IT IS GOING BACKK TO THE DISTRICT COURT JUDGE TO DO THAT ANALYSIS THEN GO THROUGH ANTESIDE WHETHER IT FALLS WITHIN IMMUNITY THEN WHAT KIND OF IMMUNITY.

TED: ROBERT SAID THIS HAS TO ALWAYS START THERE AT THE TRIAL COURT NOW, CORRECT?

BASICALLY PUT UPPING IT BACK DOWNSTAIRS?

ROY: THAT IS CORRECT.

THEY DID NOT CREATE ANY CLEAR TEST TODAY ON WHAT KIND OF CONDUCT FALLS WITHIN THE VARIOUS TYPES.

AGAIN, GOING BACK TO THE TRIAL COURT TO TEE SIDE.

EFFECTIVELY, THERE IS NOT A TRIAL IN THAT CRIMINAL PROSECUTION AT ANY POINT THIS YEAR.

AND YOU KNOW, WE SEE SORT OF WHAT THE JUDGE DECIDES TO FO FORWARD.

THE JUDGE COULD DECIDE TO HAVE HEARINGS FOR EXAMPLE IN THE OUT ARE SHORT TERM AND NOT GO FORWARD WITH ANY KIND OF RILE.

TED: OK. THAT MEAPS AGAIN, YOU ARE LEADING WITH NO HERE.

THAT IS BASIC.

THAT IS, THAT IS FAVORING THE 79, THE EXECUTIVE?

>> CORRECT.

SO PRESUMPTIVE I HOON I AGAIN, OFFICIAL CONDITION DUCK THAT TOES NOT IMPLEMENT CORE AUTHORITY THE PRESUMPTION IS THAT YOU HAVE I HOON I THEN UP TO THE PROSECUTION WHO WOULD HAVE THE BURDEN THEN TO SHOW THAT THE PRESUMPTION SHOULD BE DEFEATED OR REBUTTED THEN PROSECUTION WOULD HAVE TO SHOW THAT PROSECUTING THE PRESIDENT FOR THAT TYPE OF CONDUCT WOULDN'T INTERFERE WITH IN HIM EXERCISING THE EXECUTIVE AUTHORITY.

AGAIN, THATTATION QUESTION THAT THE JUDGE WILL HAVE TO TOW SIDE AT THE LOWEST COURT BUS THE PROSECUTOR SHOULD HAVE TO WIN ON.

TED: YOU CAN NOT HAVE NEW ADMINISTRATION MAKING CLAIMS AGAINST PREVIOUS ADMINISTRATION BECAUSE YOU KIND UP GETTING TILT FOR TAT.

ROY: THAT IS RIGHT.

JUST FROM A LOMINGIC PERSPECTIVE.

THE 6-3, THE 6-3 MAJORITY THE RUNNING FOR THAT IS THIS IDEA THAT A PRESIDENT SHOULDN'T BE SUBJECT TO ANY KIND OF POLITICAL RECOMMENDATION, OR POLITICAL PROSECUTION, SO IN OTHER WORDS, AFTER, YOU KNOW, PRESIDENT WERE TO LEAVE FIS, IF SOMEONE DISAGREED WITH THE DECISION HE SHOULD NOT BE SUBJECT TO CRIMINAL WERE, FOR THAT.

THE DECENT HAD COMELY OPPOSITE VIEW.

IT WAS THEIR VIEW, IF YOU PROVIDE THIS TO A PRESIDENT, THEY WOULD BE ABOVE THE LAW BECAUSE THERE NOTHING THIS PERSON COULD BE PROSECUTED FOR.

TED: WE KALAMAZOO WHAT JUST IS SONYA SOTOMAYOR SAID.

SHE SAID, IF PRESIDENT USES OFFICIAL POWERS IN ANSWERWAY, IMMUNE, ORDERS MAY BE SEAL TEAM 6 TO ASASS NATE POLITICAL RIVAL IMMUNE.

ORG ORGANIZES MILITARY COUPE TO HOLD ON TO POWER, IMMUNE.

HE DOES SHE HAVE A POINT?

ROY: SHE MIGHT.

THIS GETS FACT THE PROBLEM, WHICH IS WE DON'T HAVE ACTUAL CLEAR RULE OR OR TESTS THAT THE COURT HAS PROVIDED, SO IF YOU TAKE AGAIN, SORT OF EXTENSION OF WHAT THE MAJORITY IS SAYING, IF A COURT FINDS THAT PARTICULAR CONDUCT END COMING COUPE OR ASSASSINATING A POLITICAL RIVAL IS SOMEHOW AGAIN EITHER EXTENSION OF CORE AUTHORITY OR OFFICIAL CONDUCT, THEN THEORETICALLY, THE FORMER PRESIDENT IN THAT CASE, WOULD ENJOY IMMUNITY.

YES.

TAKING A BRIBE FOR A PARDON.

I MUNN.

EXACTLY.

UNDER THE COURT'S TESTING TODAY OR DECISION TODAYED THAT WOULD BE IMMUNE.

TED: TRUMP SAID TODAY HE IS EXONERATED.

S HE OVERSTATING THAT A BIT.

>> PROBABLY.

PROBABLY A LITTLE BIT.

I THINK, TAPE, WE GO DOOR TO TRIAL COURT.

THE TRIAL COURT IS GOING TO GO COUNT BY COUNT AND TEE SIDE WHAT IS SUBJECT TO IMMUNITY OR NOT.

THERE IS UNDER LYING CONDUCT THAT IS THE SUBJECT FOR EXAMPLE RELATED TO THE CONDUCT WITH THE FAKE EFFECTORS, WHERE IT IS OPEN QUESTION AT THIS POINT WHETHER THAT IS OH UNOFFICIAL CONDUCT AND LOWER COURT FINDS THAT IS UNOFFICIAL THEN THE PRESIDENT COULD BE PROSECUTED FOR THAT THEN APPEAL THAT DECISION AND COME BACK UP.

>> SURE.

ALSO, I DID.

DID I MISSIONS THIS?

BECAUSE ONE OF THE ORIGINAL ARMING WAS THEMENT NEEDED TO BE IMPEACHED AND CONVICTED TO BE CHARGED.

WAS THERE ANYWHERE IN HERE AT ALL?

>> IT WAS.

AND THERE IS ONE THING THAT I WOULD POINT TO AS A LAW HERE FOR PRESIDENT TRUMP WAS ACTUALLY IN THAT SECTION OF OPINION BECAUSE THE ARGUMENT HE MADE IF HE WAS IMPEACHED THEN EQUITTED THEN HE COULD NO BE PROSECUTED AND SUPREME COURT DISAGREED WITH THAT.

SO BEING AQUILTED IN IMPEACHMENT IS NOT SORT OF EASY WAY OUT.

GET OUT OF JAIL FREE CARD.

>> COMMUNICATION THE JUSTICE DEPARTMENT PROTECTED COMMUNICATION WITH THE VICE PRESIDENT PROTECTED.

TRUE.

THAT IS WHERE WE ARE NOW?

THAT IS OFFICIAL BUSINESS INWELL, THE FIRST IS TRUE.

JUST IS ROBERTS SAID THAT IN THE MAYOR TY OPINION.

COMMUNICATIONS WITH THE AC ATTORNEY GENERAL WELL THE DEPARTMENT OF JUSTICE IS HE MUNN TY BECAUSE PIT IS RELATED TO THE CORE POWER.

SOMETHING LIKE TALKING TO THE VICE PRESIDENT, AND, SOMETHING THAT I THINK IS AGAIN, AN OPEN QUESTION.

THE COURT WAS NOT CLEAR ON THAT.

THE ROBBERS INDICATED THERE WOULD BE PRESUMPTION OF IMMUNITY IN THIS CASE AND AGAIN, WE GO BACK TO WHAT IS THEST?

HOW DO YOU DETERMINE WHAT DEFEATS PRESUMPTION.

>> FOR TWEETS AND SPEECHES REGARDING JANUARY 6th.

ROY: AGAIN, THAT IS FACT INTENSATIVE ANALYSIS THAT IS TONE.

TED: THIS -- THIS SEEMS LIKE A REALLY, REALLY BIG DEAL.

LIKE A LANDMARK DECISION THAT WILL GO DOWN FOR THE AGES OR AT LEAST UNTIL SOMETHING.

WE GET A TEST TO FIGURE OUT WHERE WE ARE GOING.

TRUE?

DO YOU AGREE THAT?

I AGREE WITH THAT.

IT IS HISTORIC DECISION THAT HAS MASSIVE UM MR. ICATION FOR NOT ONLY PRESIDENT TRUMP IF HE GETS BACK TO THE OVAL OFFICE BUT FUTURE PRESIDENTS, GOY BACK TO THE NIXON ERA, YOU KNOW?

THE PROSECUTIONS THEN OF COURSE, RESIGNATION.

AND THE LAST TIME WE HAVE SEEN SOMETHING LIKE THIS WHERE WE VERY TO REALLY THINK ABOUT THE POWER AND EXTENT OF EXECUTIVE AUTHORITY IN AMERICA.

>> WELL, EVEN THAT.

HE, THIS COURT SAYS, YOU WERE RESIPED TOO SOON.

THAT IS TRUE.

THAT'S TRUE.

SO ALL OF THIS IS A BIT IRONIC.

THEM DECISION COMES OUT THE WEEK OF FOURTH OF JULY.

INDEPENDENCE DAY FROM, YOU KNOW, OUR INDEPENDENCE FROM ENGLAND.

TED: LAST QUESTION ON THIS.

THIS TOOK AN AWFUL LOPPING TYPE.

THE LAST THING THEY DID.

MAYBE THAT WAS BY DESIGN, JUST TO GET OUT OF TOWN, BUT NOT HAVE, DEAL WITH THE FALLOUT.

BUT IT ALSO DELAYED WHAT IS NOW FURTHER DELAYED THIS TRUMP TRIAL.

RAISE ANY EYEBROWS THERE?

ROY: I THINK IT HAS TO.

THIS IS THE LAST DECISION UNDER THE SUPREME COURT TERM AND MADE THIS DECISION A LONG TIME AGO.

DON'T THINK THE FACTS WERE ANY DIFFERENT THAN A COUPLE OF MOMENTS AGO AND OBVIOUSLY THEY DECIDED TO DO THAT.

AGAIN THE TRIAL COURT INDICATED THEY ARE GOING TO TAKE THREE MOPS BEFORE ANY TYPE OF TRIAL HAPPENS, SO JUST LOOKING AT THE CALENDAR TODAY.

LEAVING I SIDE THE FACT THAT THEY HAVE TO DO INQUIRIES AND WE WOULD BE MANY MONTHS AWAY FROM ACTUAL TRIAL.

TED: YEAH.

GOOD STUFF.

GOD HAVE YOU HERE, TOO.

THANKS.

>> THANK YOU.

TED: FALLOUT CONTINUES OVER LAST WEEK'S PRESIDENTIAL DEBATE, WITH PRESIDENT BIDEN'S HALTING PERFORMANCE RESULTING IN CALLS FROM "SOME" DEMOCRATS FOR THE FOR THE PRESIDENT TO CONSIDER DROPPING OUT OF THE RACE.

JOINING US NOW, POLITICAL CONSULTANTS CHUCK COUGHLIN PRESIDENT AND CEO OF HIGHGROUND AND JASON BARRAZA, PARTNER AT.

GENTLEMEN, THANK YOU FOR JOINING YOU.

JASOP, WE WILL START WITH YOU.

IT IS LEFT SIDE OF THE AISLE.

YOU GOT SOME EXPLAINING TO DO HERE.

WHAT IS GOING ON?

>> THURSDAY MADE IT DIFFICULT FOR EVERY DEMOCRATIC CONSULTANT ACROSS THE COUNTRY TO TALK ABOUT.

AND THEY WANTED TO SEE THE PRESIDENT IN THE FORM HE WAS LATER THAT EVENING OR ON THE NEXT DAY IN NORTH CAROLINA.

THAT IS THE PRESIDENT WE WANTED TO SEE.

WE DIDN'T GET THAT ON THURSDAY NIGHT.

SO NOW, THERE IS A LOT OF WORK THAT NEEDS TO BE OPEN TO.

>> HOW MUCH WORK.

IT SOUNDS LIKE IT IS CRISIS MODE HERE.

IT IS THAT SAYING TOO.

>> CRISIS MODE IS GOING OVER THE TOP.

THINK CALLING FOR THE 79 TO STEP DOWN OR TO GIVE UP HIS EVENTUAL NOMINATION TO BE PRESIDENT IS GOING TOO FAR.

AND HE'S THE GUY THAT WILL WIN IN MOVE.

TED: WHAT DO YOU THINK CRISIS SEEN TOO MUCH BOY HOLEFULLY SPOKES.

THE TEM CRATES AND PEOPLE SUPPORTING BIDEN.

FROM WAS RESPONSE FOLLOWING THE DEBACLE TO DEFEND HIM AND TO GIVE HIM SPACE, AND TO PUT SOME TIME ANTITION STANCE BETWEEN THAT EVENT AND THE SUBSEQUENT DISSINGS THAT ARE GOING GOING ON.

I BELIEVE THERE ARE CONVERSATIONS GOING ON.

I BELIEVE IT IS CAMP DAVID THIS WEEKEND AND I THINK, THERE IS A CONVERSATIONING ABOUT ON THERE.

BECAUSE OF WHAT DEFLATED FEELING WITH THE CAN DADE SY RIGHT NOW?

A WELL, I THINK, WE ALL KNEW, WELL, LET'S ALLED A MILT IT BOTH PARTIES HAVE FAILED IN THE RESPONSIBILITIES OF THE AMERICAN PEOPLE OF PROVIDING CHOICES WE WOULD LIKE.

SO IT IS INSTITUTIONAL FAILURE ON BOTH SIDES.

AND SO, I THINK, THERE HAS -- WE HAVE KNOWN THIS WAS COMING ON THE PRESIDENT'S SIDE, ON BIDEN'S SIDE FOR SOME TIME.

IT WAS PREDICATED EVERYBODY KNEW THIS WAS A PROBLEM.

AND NOW, IT IS FRONT AND CENTER AGAIN, YOU KNOW, NOW, MONTHS BEFORE THE CONVENTION, AND SO, SO, I THINK, THERE HAS TO BE ANOTHER DISCUSSION OF THAT AND HOW TO DEAL WITH IT.

TED: IS THIS SIMILAR IN SOME WAYS TO RUTH BAIDERS GINSBURG STAYING TOO LONG?

>> I THINK THAT IS TRYING TO FEED INTO THIS STORY LINE THAT THE REPUBLICANS ARE PUTTING FORWARD, BUT IT IS FOCUSING ON THE WRONG THING.

IS FOCUSING ON WHETHER THE PRESIDENT COMMUNICATED WELL.

NOT FOCUSING ON WHAT WAS COMMUNICATED ABOUT ON THURSDAY MIGHT.

THEMENT WAS TALKING ABOUT, WELL, A RECORD HE HAS DEVELOPED THAT IS A STRONG AMERICA.

AND IT IS THE AMERICAN WE NEED GOING FORWARD OR WHERE AS FORMER PRESIDENT TRUMP FOCUSED ON ANGER, FOCUSED ON FEAR MONGERING FOCUSED ON AGENDA THAT IS NOT RATING FOR THE AMERICAN PEOPLE.

CHUCK ALSO FOCUSED ON A CATTLE CAID OF MISSTATEMENTS AND FALSEHOODS.

MAIN, FACT CHECKING ON THAT THING WAS LIKE A RUSSIAN NOVEL.

>> WELL, CNN FACT CHECK THAT NIGHT WAS RIOT.

>> IT WAS.

>> IT WAS.

>> IT SPINS LIKE 30 ITEMS THAT HE WAS JUST, IT IS AVALANCHE OF STUFF.

IT WAS BOTH, IT WAS DEBACLE ON BOTH SIDES.

MAY, I THINK MOST OF THE AMERICAN PEOPLE WHOLE WERE WATCHING.

I MEAN, REMEMBER THIS.

THE ONLY PEOPLE WHO WATCH DEBAILTS ARE PEOPLE WHO MADE UP THEIR MIND ABOUT THIS.

AND THEY ARE LIKE, THEY ARE LIKE GETTING PERFORMATIVE STUFF, SO, YOU KNOW, I THIS I, FROM THE TRUMP'S PER SPECULATIVE.

THE TRUMP CAMPAIGN'S PER SPECULATIVE.

THEY ALLOWED BIDEN TO RUN HIS SHOW, AND, AND, REVELLED IN THAT, ANSWERED TRIED TO MODERATE HIMSELF TO SOME DEGREE.

AS TO NOT OVERSTEP THAT AND TO LET BIDEN DO HIS THING.

BUT IT WAS JUST DEBACLE AND SO, SO, YOU KNOW, BUT I THINK, MOST OF AMERICA, THE LEC TO RATE HAS IT BAKED ANSWER ANYWAYS.

LIKE ALREADY.

IT IS PRESUMED TO BE THIS IS WHAT IT IS.

>> IT INDICTMENT CHANGE MANY MINDS.

>> I DON'T THINK SO.

WE ARE GOING TO GO FORWARD HERE.

WE ARE GOING TO FIN OUT HOW THE THING UNROLES AS THE CONVENTIONS TAKE PLACE, AND AS THE SEPTEMBER IF THERE IS NOT A CHANGE, AND PHYSICIAN THERE IS NOT A CHANGE, BECOME, WE ALSO HAVE TO REMEMBER TRUMP HAS GOT TO HAVE THE VP PICK HERE, PRETTY SOON.

HE WILL ROLL THAT OUT.

THEN, THERE WILL BE A PAUSE INTO THE CONVENTION, THEN, THEN, YOU KNOW, IS THERE DISCUSSION?

INTERNALLY AT THE WHITE HOUSE ABOUT HOW TO DIFFERENTLY MAN AME THIS OTHER THAN, BIDEN GOING FORWARD?

I DON'T THINK SO BECAUSE AS WE ALL KNOWN FOR A LONG TIME, JOE BIDEN IS JOE BIDEN.

AND THE ONLY PEOPLE THAT CAN MAKE THIS DECISION ARE JOE BIDEN AND JILL BIDEN.

TED: WITH THAT SAID, THERE IS TALK?

IS THERE CONVERSATION, THE POSSIBILITY OF OPEN CONVENTION?

>> YEAH.

BUY DON'T KNOW HOW THEY ARE GOING TO DO THAT BECAUSE LOGISTICS OF THE CONVENTION THIS YEAR.

IF YOU RECALL, THE DEMOCRATS HAVE BEEN TALKING ABOUT HAVING A VIRTUAL NOMINATION OF THE PRESIDENT, THE PRESIDENCY THAT HAPPENS BEFORE THE ACTUAL CONVENTION.

SO TALK ABOUT A FLOOR FIGHT AT THE CORNRENTIAL.

THAT MAY BE TOO LIT FOR THE DECISION BECAUSE DEMOCRATS HAVE TO HAVE THE VIRTUAL NOMINATION TO COMPLY WITH OHIO STATE LAW.

TED: KAMALA HARRIS, VICE PRESIDENT.

HOW DID THE ROLE CHANGE THE MINUTE THE DEBATE ENDED?

>> WELL, THE QUESTIONS ABOUT KAMIL LAL HAVE BEEN THERE.

PEOPLE HAVE QUESTIONED WHETHER OR NOT SHE IS EFFECTIVE LEADER, WHETHER SHE IS EFFECTIVE INDIVIDUAL TO HAVE.

GETTING HER OUTFRONT IMMEDIATELY AFTER THE DEBATE WAS THE RIGHT MOVE, AND SHE CAME OUT STRONG.

SHE CAME OUT ARTICULATE.

SHE CAME OUT ELF THE PRESIDENT WAS NOT ABLE TO DELIVER ON THURSDAY NIGHT.

TED: NOT ONLY KAMALA HARRIS, THE VICE PRESIDENT BUT OTHER NAMES NOTING AROUND IN THE EITHER, TO THEY KEEP PUSHING THOSE NAMES BACK AS THEY COOP THEMENT'S PROFILE HERE.

OOP OH, THERE IS, THERE IS AN NFL HALL OF FAME LINE, BLOCKING ANY OF THAT DISCUSSION, YOU FEEL THAT, IN A LOT OF COVERAGE RIGHT NOW, THAT THERE IS A LOT OF PRESSURE WITHIN THE DEMOCRATIC COMMUNITY, DON'T TALK ABOUT IT.

>> DON'T SAY ANYTHING.

THE IMPORTANCE OF PERFORMANCE, WE FO BACK TO MIXON SWEATING IN THAT SORT OF THING.

THE IMPORTANCE, WELL, I THOUGHT, JAN PRU WE'RE.

AND HER PAWS, I WAS BIG PART OF THAT PAUSE.

WAS HERE IN AND I THOUGHT, EVERYONE THOUGHT, OH, NO NO.

HER POLLING INCREASED AFTER THAT DEBATE, SHE ROUND UP WINNING.

I MEAN, IS THIS THE KIND OF THING WHERE PEOPLE I DON'T KNOW.

START FEELING FOR JOE BIDEN.

>> WELL, THINK, THAT IS PROBABLY TRUE.

THINK THERE IS -- I FELT FOR HIM THAT NIGHT.

LET'S BE HONEST.

NO WITHIN LIKES TO SEE THAT.

AS PART OF THE JAN PRU WE'RE DEBATE TEAM.

I REMEMBERED THAT INS DEP RATHER WELL.

WE JUST MOVED FORWARD.

TED: YEAH.

>> HEY, YOU GOT A GREAT RECORD TO RUN ON.

GO RUN ON THAT RECORD.

STICK TO THE NARRATIVE.

GO BEAT JAN PRU WE'RE.

WE DID.

THAT WAS FINE.

THINK THAT IS, THAT IS IN FACT YOUR ACKNOWLEDGMENT OF THAT IS EXACTLY WHAT THE BIDEN CAMPAIGN IS ATTEMPTING TO DO.

>> MAKE SENSE TO YOU.

>> IT MAKES PERFECT SENSE TO ME.

THIS THE BIG WIPER ON THURSDAY WAS DONALD TRUMP 7 FOR NOT GOING OVER THE TOP AND NOT JUMPING ON PRESIDENT BIDEN HAD HE DONE THAT.

HE WOULD HAVE STRENGTHEN THE PRESIDENT'S POSITION.

I WOULD SAY.

THE IDEA OF BULLYING SOMEONE LIKE THAT DOESN'T GO OVER WELL.

IT WOULD NO NOT HAVE PLAYED WELL ON TV SO THE RESTRAINTS WITH A WIN.

>> 0 TO 10 COME MOVE.

THIS 0 IS NO FACTOR.

10 HUGE.

WHERE DOES IT RANK?

>> IT IS A FIVE.

IT IS IMPORTANT.

IT IS SOMETHING THAT NEEDS TO BE ADDRESSED BUT IS IT GOING TO HAVE AM EVENT EFFECT IN NOVEMBER?

IT IS NO.

TED: GIVE ME A NUMBER, CHUCK?

>> I AM WITH HIM.

IT ITS IN THE MILE RANGE RIGHT NOW.

THINK TIME WILL TELL.

THIS NEXT DEBATE PERFORMANCE MAY BE MORE IF BIDEN ACTUALLY COMES BACK AND SWINGSES A BAT, YOU FO HE, THAT COULD BE SOMETHING THAT WE COULD END UP TAKE I ABOUT A LOT.

IT IS LIKELY THE SAME THING.

THEN I DON'T REALLY THINK THE LARGER CONTOURS OF OF THIS ELECTION ARE CHANGING ALTHA MUCH AND GOING TO COME DOWN TO TURNOUT.

WHO TURNS OUT IS IT ENTHUSIASTIC ENOUGH TO GO OUT ON THE PASSIVES SUPPORTING BIDEN OR HATING TRUMP, YOU KNOW?

IS THAT BECAUSE TURNOUT IS A HUGE TALE.

IT IS MASSIVE DEAL.

SO IS THATTING IF TO HAPPEN.

TRUMP WANTS A LOWER TURNOUT.

THATS THE ADVANTAGE.

THEN, THEN, SO I THINK IT IS GOING TO BE UP TO A GROUND GAME OF DEMOCRATS TURNING OUT THEIR BASE.

>> BOY NATIONAL ILY AND LOCALLY AS WELL.

GENTLEMEN.

GOOD CONVERSATION.

GOOD TO HAVE YOU HERE.

THANKS FOR JOINING US.

THANKERS, ED ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ TED: SUPPLY CHAIN ISSUES ARE AGAIN RAISING ECONOMIC CONCERNS, WITH SOME ANALYSTS SPECULATING THAT CURRENT CONDITIONS COULD LEAD TO THE KINDS OF SEVERE BACKUPS AND PRICE HIKES SEEN DURING THE COVID PANDEMIC.

FOR MORE ON THIS, WE WELCOME HITENDRA CHATURVEDI, AN ASU PROFESSOR WHO SPECIALIZES IN PROFESSOR WHO SPECIALIZES IN SUPPLY C >> THANK YOU FOR HAVING ME.

TED: WHAT IS GOING ON OUT THERE?

IS IT SIMILAR TO WHAT HAPPENED DURING COVID?

>> SOME PEOPLE ARE CALLING IT BABY COVID.

TED: AH.

>> THE REASON IS, THAT BRADLEY, A MARINE GENERAL ONCE SAID, THAT AMATEURS TALK TRAGEDY, WHILE PROFESSIONALS TALK LOGIES TECHS.

WILL CALL THAT SUPPLY CHAIN, AND THAT IS WHAT HAPPENING.

SWISS CANAL TODAY CARRIES 12 TO 15% OF ALL THE TRAFFIC.

WHO THESE ARE TARGETING THAT SUPPLY CHAIN, THAT JUGULAR AT THIS MOMENT JUST TO GIVE YOU AN IDEA.

IT IS $1 TRILLION WORTH OF MATERIAL THAT FLOWS THROUGH THE PIPELINE EVERY YEAR.

AND BY HOME MADE DRONES AND, AND, BELTS AND DRONE BOATS, THEY ARE ABLE TO REDUCE THAT TRAFFIC BY 85%.

AND THERE IS.

THERE IS DISRUPTION AT THE PANAMA CANAL PAUSE THE WATER IS TOO LOW.

CORRECT.

THE WEAR IS TOO LOW.

ING THAT IS CORRECT.

WHAT IS HAPPENING IS.

NOW YOU HAVE SHIPS THAT ARE GOING AROUND THE CAPE OF GOOD HOPE ADDING THOUSAND MILES THEN JUST TO GIVE YOU AN EXAMPLE THE SHIP THE SIDES OF EVER GRIFFIN WHICH GOT STUCK IN THE SWISS CANAL BURNED TO $150 MILLION WORTH OF FUEL EVERY TA.

TO GO AROUND THE CAPE OF GOOD HOPE, ABOUT 4,000 MILES, TWO AND A HALF WEEKS, THAT IS .1 MILLION OF EXTRA PULE.

TED: THAT MEANS A WHOLE LOT OF EXTRA RATES, DOES AT THIS TIME NOT IN THE.

>> THAT IS A GREAT POINT.

SO THE RATES ABOUT SIX MONTHS AGO BEFORE OCTOBER 7 FROM ASIA TO EUROPE WAS 1200 PER 40-FOOT CONTAINER.

TODAY, THEY ARE CREEPING UP TO 7,000.

>> WOE.

>> FROM SHANGHAI TO L.A., THE RATES WERE ABOUT $2,000.

THEY ARE GREEN CREEPING UP TO 7,000.

TOP THE EAST COAST, ABOUT $8,000.

>> AND YEAH.

THAT IS SIGNIFICANT.

I AM HEARING DOCKWORKERS.

DOCKWORKER STRIKES THESE SORTS OF THINGS THAT ARE THATP PEPPING HERE AND THERE.

>> THAT IS CORRECT.

A COMBINATION OF DOCKER WORK STRIKES AND THE HOUTHI REBEL STRIKES THEN A COMBINATION OF A MONOPOLY.

AND THREE ALLIANCES CONTROL 95% OF THE MARKET AND YOU ADD GREED IN THERE, AND YOU HAVE, YOU HAVE REPEATED COVID.

TED: ARE THE RATES INCREASING NEED ILESSLY THIS THAT IS VERY GOOD POINT?

MANY PEOPLE BELIEVE THAT, THAT JUST BECAUSE THE FREIGHT COST WAS GOING DOWN BECAUSE THE ECONOMY IS SLOWING DOWN.

SOME OF THE COST INCREASES COULD BE BECAUSE OF PHREN GREED YAO YEAH.

YOU GOT TRUCKING.

GOT RAILROAD.

YOU GOT WAREHOUSES.

THEY ARE ALL AFFECTED.

>> THEY ARE ALL AFFECTED BECAUSE A LOT OF MATERIALS THAT WE ARE GETTING IS FROM OUTSIDE OF THE COUNTRY.

SO, SO AT THIS MOMENT, IT IS NOT A HUGE CAUSE OF WORRY.

BUT IF THING IS NOT CONTROL THEN YOU WILL START TO SEE INFLATION GOING UP.

HOW BEST TO CONTROL IT?

>> THE BEST WAY TO CONTROL IT ONE IS TO WE HAVE TO RESTART TO RELY A LOT MORE AND HOW DO I SAY, JUST, THIS RISK BY SOME OF THE LOCAL PARTNERS THAT WE HAVE AROUND THE REGION.

SO WE CANNOT RELY COMPLETELY ON ONE SOURCE OF SUPPLY FOR OUR PRODUCTS.

HAVING SAID THAT, THAT IS GOING TO BE A TOUGH TASK.

TED: I WOULD SAY SO.

SO, IN THE COMING MONTHS, THIS IS GOING TO GET BELTER OR IS THIS GOING TO GET WORSE?

>> IF THIS CONFLICT KEEPS ON GOING, AND IF WE ARE NOT ABLE TO CONTROL THE HOUTHI REBELS AND THEIR ATTACK ON OUR SHIPS, I AM CONCERNED ABOUT INFLATION GOING UP.

>> AND THAT COULD BE MONTHS, WEEKS?

>> SEE WHAT HAPPENS TO THE END OF THE YEAR.

>> YEAH.

YEAH.

IF YOU SEE AN INCREASE IN ATTACKS AROUND OUR NOVEMBER ELECTIONS, I WILL NOT BE SURPRISED.

TED: THEN BABY COVID BECOME THE REAL THING AGAIN, RIGHT?

YEAH THE IMPACT COULD BE WORSE?

>> IT COULD BE WORSE?

>> WELL, I AM NOT.

BASED ON WHAT WE ARE SEEING, IT IS NOT GOING TO GET WORSE, BUT, INFLATION TO U.S. CONSUMERS IS A PROBLEM.

>> GOOD INFORMATION.

GOODED TO YOU HAVE HERE.

THANKSES SO MUCH.

WE APPRECIATE.

>> THANKS FOR HAVING ME.

TED: THAT IS IT FOR NOW.

I AM TED SIMONS THANKS SO MUCH FOR JOINING US.

YOU HAVE A GREAT EVENING.

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