Transcript
A (0:13)
Join Willie Walker, Walker and Dunlop's Chairman and CEO, as we bring you fresh perspectives about leadership, business, the economy and commercial real estate. Willie hosts a diverse network of leaders as they share wisdom that cuts across industry lines. His guests are experts in their fields, from leading economists and CEOs to Harvard and Yale professors and everything in between. Our one goal is simple, providing you with unique insights, unparalleled data and real time market analyses.
B (0:46)
Welcome to another Walker webcast. If it is Wednesday, it's the Walker webcast. And as David knows, I stole that line from the late Tim Russert, who was a friend of both David's and mine who used to say, if it's Sunday, it's Meet the Press. My guest today is David Ignatius, the incredibly talented writer, reporter and editor at the Washington Post. David has a bi weekly column on foreign affairs for the Post, is The author of 12 exceptional novels, some of which have been turned into feature films with Hollywood's most talented actors, and is a renowned expert on the Middle east and the CIA. He has also been a long standing friend of my parents, Mallory and Diana, and even wrote a letter of recommendation for me to St. Albans School all the way back in 1976.
A (1:36)
You will owe it all to me, Willie.
B (1:38)
Oh man. I'll tell you David, it is a true honor and pleasure to have David back with me on the Walker webcast. Last time we were together was 2020, David, and I was very appreciative of your time then, in the depths of the pandemic, to talk to me about the world we were living in. And given everything that is going on today, you're busier than ever. You sought after for your thoughts and ideas on the world we are living in and what we are seeing happen. And I'm just super grateful of your time today and the discussion we're about to have. I looked at the headlines this morning, David, in the the Wall Street Journal World News page and the headlines were Greenlanders Favor Denmark, US China Closely Watched Panama Canal Ports case Trump tells protesters help is on the way. That's in Iran. Isolated Tehran finds China's Friendship has Limits and Iran's Gulf Foes warn us. So given that, and I know that you are not only studying all this, you're writing on all of this, you're talking to all the experts in the world. How is the US Doing today from a foreign policy standpoint almost a year after Donald Trump took office?
A (2:53)
So let's look at the pluses and minuses. I don't want to give a uni Dimensional analysis. We have a very disruptive president who is using power more aggressively and in some cases more effectively than anybody I've seen. Oh, gosh. I mean, I would say lbj, but LBJ didn't use power internationally as well as Trump has. And he's accomplished things that Joe Biden wanted to do but wasn't able to do. For example, actually getting a ceasefire in the Gaza war. It was there, it was available, all the elements were clear. But Joe Biden couldn't get it across the finish line, initiating real discussions about ending the war in Ukraine. Joe Biden knew he should do it, but he just couldn't bring himself to move into that space where he was pressuring Zelensky to rethink his options. Trump did it. And so we're now in a period. It's easy to say that Trump is simply tilting toward the Kremlin, toward Putin, and there's some truth to that. But it's more complicated, isn't it? And I think this is a more positive period for Ukraine than some people may realize. And then he's had these other kind of wild card events, like snatching the president of Venezuela. And I think that was a absolute tour de force militarily. I think Trump is drunk with, forgive the term is. He's not a drinker, but overwhelmed with the success and precision of that operation. It was incredible. They knew. The Cubans who were doing the security knew the US Was coming. It was a heavily guarded compound. And our special forces went in, took out Russian air defense defenses, turned out the lights in Caracas and grabbed this guy and took him away. I mean, imagine if you're president and you just sat there watching the military. You'd think you could do anything. And that's kind of where he is. And then this bizarre obsession with Greenland. I don't fault Trump for thinking that Greenland is important for US national security. He's right, it is. The Arctic is now a locus of US Russian, Chinese, great power competition and will remain so indefinitely. And we need to do more in Greenland. The Danes understand that and actually would encourage a sensible discussion of a greater U.S. presence and even greater U.S. investment and control of some of the mineral assets of Greenland. But the thing about Trump is that in this moment, where he just sees himself on top of the world, I mean, he runs this world, he's reshaping it, he's turning everything upside down. He's not in a mood to think the way I'd want him to about how to achieve his goals. And I'll just Say one more thing. I'm reminded of Trump's business career where he became so abusive and toxic, from what I know as a business person, that people just didn't want to partner with him, they didn't want to syndicate loans with him, they mistrusted him, they viewed him as just too litigious, just broke everything in the room. And so the things that he might have gotten, he didn't get. And I think that's, you know, if he was a more self reflective person, he would look at his experience in business from which he draws strength, and he'd say, you know, there's certain things I should be careful about not doing. You know, I just, it's really a mistake to piss everybody off because then you don't get what you want.
