Stephen Colbert and John Dickerson discuss impeachment, Bloomberg, and the upside of billionaire-bashing


CBS News' John Dickerson "has been reporting on Washington since 1995, and no one is better at making sense of it," Stephen Colbert said to introduce his guest on Thursday's Late Show. They first tried to make sense of former New York City Mayor Michael Bloomberg's likely late entry into the Democratic presidential race.
"You only heard one 'woo,'" Dickerson noted when Colbert reported Bloomberg's move. Bloomberg's "a single-woo candidate," he added, "but the thinking is there's room for only one moderate" in the race, and Joe Biden "isn't getting the job done." Colbert asked what Bloomberg's entry would mean for Sen. Elizabeth Warren (D-Mass.) "because a lot of billionaires are not happy about her — I wonder why." Dickerson suggested "it's a good sign for Warren" and the Democratic left, because "he wouldn't be concerned if she weren't doing well."
"There are only, according to Fortune magazine, 607 billionaires in the world," Colbert said. "Why do we care what they think? Because there's a lot more of us, and they have too much money. ... Why is it a bad idea to attack billionaires?" "I don't think, in the Democratic Party, it's a bad idea at all," Dickerson said. "I mean, that's why Elizabeth Warren is doing pretty well." Still, he added, campaigning and governing are different things, and if a Democrat defeats Trump in what's sure to be a "scorched-earth" election, "expectations for a Democratic whirlwind in the first 100 days should probably be lowered a bit."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
"It really does look like there's going to be an impeachment in the House," so what are Republican senators saying behind closed doors about the likely trial? Colbert asked Dickerson. Their "first thought is about the actual process of going through the trial," which involves no cellphones and no talking, "like being back in third grade," he said. Politically, Republicans don't seem to have decided what to say about Trump's Ukraine actions, and Dickerson suggested the ones willing to excuse Trump's behavior may be taking on more than they can bear.
"Last question: How goes the Republic?" Colbert asked. "Fine, we're fine," Dickerson said. "We are a durable country, and we've been through a whole lot worse." Peter Weber
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Slovenia is ready for its moment in the travel spotlight
The Week Recommends Mountains, lakes, caves and coastline await
-
Trump seeks to cut drug prices via executive order
speed read The president's order tells pharmaceutical companies to lower prescription drug prices, but it will likely be thrown out by the courts
-
'Haiti's crisis is a complex problem that defies solution'
Instant Opinion Opinion, comment and editorials of the day
-
Hamas frees US hostage in deal sidelining Israel
speed read Edan Alexander, a 21-year-old soldier, was the final living US citizen held by the militant group
-
White Afrikaners land in US as Trump-declared refugees
speed read An exception was made to Trump's near-total ban on admitting refugees for the white South Africans
-
Qatar luxury jet gift clouds Trump trip to Mideast
speed read Qatar is said to be presenting Trump with a $400 million plane, which would be among the biggest foreign gifts ever received by the US government
-
Trump taps Fox News' Pirro for DC attorney post
speed read The president has named Fox News host Jeanine Pirro to be the top federal prosecutor for Washington, replacing acting US Attorney Ed Martin
-
Trump, UK's Starmer outline first post-tariff deal
speed read President Donald Trump and British Prime Minister Kier Starmer struck a 'historic' agreement to eliminate some of the former's imposed tariffs
-
Fed leaves rates unchanged as Powell warns on tariffs
speed read The Federal Reserve says the risks of higher inflation and unemployment are increasing under Trump's tariffs
-
Denmark to grill US envoy on Greenland spying report
speed read The Trump administration ramped up spying on Greenland, says reporting by The Wall Street Journal
-
Supreme Court allows transgender troop ban
speed read The US Supreme Court will let the Trump administration begin executing its ban on transgender military service members