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George Shultz: War and Religion Are Joined, Need to Adapt (Aud) · Bloomberg Intelligence

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  Speaker 1: Broadcasting live to New York, Bloomberg eleventh bo to Washington,
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  Speaker 1: dot Com. This is taking Stock. Coming up on taking
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  Speaker 1: stock George Schultz. He is one of only two individuals
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  Speaker 1: who have held four different federal cabinet posts. He's taught
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  Speaker 1: at three of the country's great universities. He served as
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  Speaker 1: the U S Secretary of Labor, Director of the Office
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  Speaker 1: of Management and Budget, US Treasury Secretary, and Secretary of State.
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  Speaker 1: And he's got a new book, Blueprint for America. We're
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  Speaker 1: gonna have him on for a special interview right now.
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  Speaker 1: Bloomberg News room. I'm Jill Schneider. As the Republican Convention
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  Speaker 1: I'm Jill Schneider, and this is Bloomberg, Charlie, and we
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  Speaker 1: thank you and again recapping stocks or higher SMP five
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  Speaker 1: of two tenths of one percent. I'm Charlie Pellett and
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  Speaker 1: that's a Bloomberg Business flash. Listening to taking Stock with
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  Speaker 1: pim Box at Kathleen Hayes on Bloomberg Radio. George Schultz
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  Speaker 1: is that Thomas W. And Susan B. Ford Distinguished Fellow
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  Speaker 1: at the Hoover Institution, but he may be more widely
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  Speaker 1: known as one of only two Into vigils who has
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  Speaker 1: held four different federal cabinet posts, including Secretary of the Treasury,
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  Speaker 1: Secretary of State, as well as Secretary of Labor and
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  Speaker 1: the Director of the Office of Management and Budget. He
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  Speaker 1: has a new book. It is entitled Blueprint for America,
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  Speaker 1: and he joins us now from the Hoover Institution in Stanford.
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  Speaker 1: California Secretary Schultz, thank you very much for being with us. Sir,
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  Speaker 1: good morning. Tell us a little bit about this new book,
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  Speaker 1: Blueprint for America, and particular, wonder if you could describe
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  Speaker 1: what you feel about campaigning and the political process related
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  Speaker 1: to a political campaign. Well, let's book arose out of
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  Speaker 1: some discussions among people here at Hoover and Stanford. And
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  Speaker 1: as we discussed, we said, you know, the country has
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  Speaker 1: got a lot of problems. We ought to write about
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  Speaker 1: them and a nonpartisan kind of an effort to say
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  Speaker 1: what are the problems, what should we do? And the
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  Speaker 1: essays are by different people. We have booked at each
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  Speaker 1: other's essays, but they're all signed individual. That is the
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  Speaker 1: principle of accountability is there in the book. So we've
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  Speaker 1: covered a lot of issues economic issues mainly, but some
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  Speaker 1: spending problems and governance problems so on in international problems.
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  Speaker 1: Now you've described campaigning as ultimately an act of division.
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  Speaker 1: What do you mean by that? Well, when you campaign,
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  Speaker 1: you're saying I'm better than you are, so vote for me.
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  Speaker 1: It's an act of empasizing a difference and saying my
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  Speaker 1: side is right. So it's an act of division. But
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  Speaker 1: as soon as you get into the office, you have
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  Speaker 1: to govern, and governing is almost exactly the opposite. Governing
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  Speaker 1: is working with people and trying to find where you
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  Speaker 1: could get some common ground and get something accomplished. It's
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  Speaker 1: a different, different kind of activity, and in my opinion,
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  Speaker 1: we've over the last decade we've had too much campaign
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  Speaker 1: and not enough governing. You write also about foreign and
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  Speaker 1: security policy and what you describe as the capacity to execute.
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  Speaker 1: What do you mean? And I'm wondering if you can
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  Speaker 1: offer an example. Well, at the start of World War Two,
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  Speaker 1: I'm in Marine Corps boot camp and the sergeant hands
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  Speaker 1: me my rifle. He says, take good care of this rifle.
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  Speaker 1: This is your best friend. And remember one thing. Never
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  Speaker 1: point this rifle to anybody unless you're willing to pull
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  Speaker 1: a trigger. No empty threats. So that's boot camp wisdom.
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  Speaker 1: And of course, if you've got a rifle, you can
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  Speaker 1: pull a trigger and you can execute. But let me
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  Speaker 1: give you a different kind of example. Early in Ronald
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  Speaker 1: Reagan's presidency, the air traffic controllers struck and people came
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  Speaker 1: running into the office of Mr President's Presidents. Very complicated,
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  Speaker 1: he said, It's not complicated, it's simple. They took an
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  Speaker 1: oath of office, they violated it there out and all
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  Speaker 1: over the world. People said, the guys a man crazy,
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  Speaker 1: these other guys keeping it from points flying. But he
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  Speaker 1: had experienced as governor of California, and he had as
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  Speaker 1: his secretary of Transportation a man who had been the
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  Speaker 1: chief executive of a large transportation company. So working together,
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  Speaker 1: they had military people, had management people running the towers,
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  Speaker 1: and then they had a very aggressive training program, and
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  Speaker 1: they kept the paint flying. And all over the world
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  Speaker 1: people said, hey, watch out, the guy plays for keeps.
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  Speaker 1: So he established the fact that he meant he would speak,
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  Speaker 1: and he meant it, and he could carry through and execute.
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  Speaker 1: You speak about self confidence and the strength of purpose
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  Speaker 1: in the United States, tell us more h Well, if
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  Speaker 1: you're going to accomplish something in the world, or domestically
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  Speaker 1: for that matter, you have to be able to say,
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  Speaker 1: I'd understand the problem, I'm realistic, and I have the
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  Speaker 1: capacity to deal with it, and I have a kind
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  Speaker 1: of spirit in the country that says we can solve
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  Speaker 1: our problems and let's go get it done. Well again,
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  Speaker 1: I think during the Reagan period we were strong, we
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  Speaker 1: were realistic, but somehow Ronald Reagan lifted our spirits up
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  Speaker 1: so we felt good about the things we were doing,
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  Speaker 1: and they basically worked in describing current conditions around the world.
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  Speaker 1: You talk about religion and its role in foreign policy.
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  Speaker 1: Could you give us more about that. Well, for three centuries,
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  Speaker 1: religion and war have been kept apart. But all of
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  Speaker 1: a sudden, now with the ISIS business in Al Qaeda,
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  Speaker 1: we find war and religion are joined. That means it's
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  Speaker 1: a different kind of war, and they have to do
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  Speaker 1: you're gonna wage it and be successfully. Have to say
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  Speaker 1: to yourself, what is this new kind of war? It
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  Speaker 1: has a place, but it's got more than one place,
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  Speaker 1: evolving places, and it has tentacles that expressed themselves. So
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  Speaker 1: I have to say that's that's the nature of the
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  Speaker 1: least that we're fighting against, and now we have to
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  Speaker 1: adapt our tactics to that. Thank you very much. Former
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  Speaker 1: Secretary of State George Schultz joining us from the Hoover Institution,
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  Speaker 1: speaking about his new book entitled Blueprint for America. This
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