but we'll try. then we know the middle class is feeling the pimpbl, but when people say the rich keep getting richer, they just might be offbase. we're going to tell you why. and then i'll go toe to toe with former minnesota governor and wrestling champ jesse ventura. maybe not toe to toe either. i'm joe kernan in for larry kudlow. people ask me all day, what do i think about microsoft going for the tablet? against dell and hue let? i think they're crazy. it's their best customers. come on! i'm jim cramer. i will see you tomorrow.

larry kudlow told you last night that he's undergoing back surgery. all went well. i'm joined by hugh hewett, author of the grief against obama. and this is weird and i'll tell you why it's a little surreal. i have hugh hewitt and lars larsson. >> goes back to the d.c. comics. good to be here. >> am i paying you back? i'm on your show monday night a lot. >> just keep coming on. the radio audience loves you every single monday. >> i'm so happy to have you here for a whole hour. you're going to have to do some of the heavy lifting. >> with jesse, i'll let you take the lead. >> i'm worried about jesse. tonight, the europe, the economy, what's an investor to do? don't worry. we've got the play book on how to make money in these uncertain

times. and if you think taxing the rich is the answer, some startling numbers ahead. and what do democrats and republicans have in common with the bloods and the crips. it's a little gansta government smackdown with -- do you know any of those? >> no. i don't think you want to know what you just said there. >> that's right. former governor jesse ventura talked about how politics is gangst gangster. first, though, what exactly has congress done for us lately. there seems to be a perpetual log jam. take with us, the fiscal cliff which includes tax cut, balancing the budget, the keystone pipeline, all stalled. congress is nowhere near what they've accomplished in past years, past congresses. in fact, it's no wonder that gallup's latest congressional

approval rating stand at an unimpressive 17%. that is up, in fact, though, from the all-time low of 10%, which was hit just back in february. bertha combs has been look into the numbers and joins us now. it's evening, have i got that right? >> it is, evening, joe. uh you're wide awake. normally you're sleeping at this time. harry truman may have been the one that coined the phrase do-nothing congress, but the current congress, the 112th has that group beat by a mile. after republicans swept the house with a promise of snauler government, well, congress has delivered on that promise at least when it comes to legislation last year. now, according to the congressional record, the senate and house were in session for about 170 days a piece in the first session of the 112th congress. and they passed 90 laws. compare that to the 110th

congress. that was during the second half of the bush administration. they were in for a little bit longer. the house was actually in quite a bit less. about 120 days. they passed 280 laws. in fact, that session of congress was even more productive than the 100th at the end of the reagan administration. they passed about 240 bills into law after being in about 170 days or so. and the first -- the second term of the lyndon johnson administration, remember, that was a really tumultuous time at the end of the '60s there. they spent more time in session about 200 day, 190 for the house, and they passed 250 laws, bills into law. what about that original so-called do-nothing congress? harry truman campaigned against them. he said the republicans weren't doing anything. they were trying to block his legislation. well, the infamous 80th congress, they spent about 20% less time than congress does in session now, but they passed nearly 400 bills in 1947.

in fact, in 1948, the year he was campaigning against them, they passed another 500 bills into law. the last time congress was this unproductive was during the 104th congress. that was bill clinton's first term when the government shut down back in 1995. so even shutting down then, they passed 88 bills. but the interesting thing, joe, they managed to confirm about 30,000 people compared to only 19,000 on this last congress. so any way you look at the number, not the substance, but just the actual productivity numb berer numbers, this group is really setting some records. >> thanks, bertha, i couldn't help, and hugh, i think some -- did some good things happen after that first clinton congress where not a lot got done? was it me or did that not usher in an era of -- >> it did. we do not want congress to be skbrujed by how many bills they

pass. california passed 760 laws last year and california is not being held up as an example for anybody. i think, in fact, that the job of the government is to do good things in small doses and very little large. and if you look at obama care, if you look at the stimulus, if you look at dodd/frank, that productive congress for pelosi and reid, it was a nightmare. i wish they would go home more. >> even the way the story and the study has been set up, it was in the back of my mind the entire time of what am i wishing for here? do you remember back in the 19th century, they almost closed the patent office down because everything had been invented? we've got everything squared away, don't we? can't you eventually stop? >> if they get the budget out of the senate, it's the one thing they need. it's been three years since harry reid's senate has passed the budget. >> hugh, you're going to be with us for the whole hour. let's dive in. president obama came to the office promising hope, change and an end to promising

gridlock. take a listen to what he told us during his inaugural address in 2009. >> the stale political arguments that have consumed us for so long no longer apply. the question we ask today is not whether our government is too big or too small but whether it works. >> oh, boy. so mr. president, 3 1/2 years later, our government still doesn't seem to be working very well. joining us exclusive exclusively is jeb hinterling of congress. i'm thinking, let me see, limited government, 25% of gdp is government spending now. are we really aspiring to write as many bills as we can if they're not bills that are actually taking away government programs? i mean, i can't see this as a criticism. >> well, i think short hand it's quality not quantity that

matters. so if the president's complaint is that congress has not pazed enough laws, i would say after the passage of the stimulus program, i'm not sure the american people are better off $1 trillion later after the passage of his health care plan that takes $500 billion out of medica medicare, sets up 152 boards and commissions and committees to get between people and their doctors. the fact that he doesn't want to see the keystone pipeline and the jobs and the energy independence that could help create in america, the bottom line is the president got just about everything he wanted in the last congress and he is presiding over the slowest, weakest, most tepid recovery since the great depression. and he's looking to blame it on us. >> aren't there -- there's dog people and there's cat people. aren't there people that say, what is the government -- what has the government done to create jobs and aren't there

people that say, why are we even asking that question? it's the wrong question. what can the government do to get out of the way of the private sector to create the job? but there's a whole group of people that are unhappy that the government itself is not more involved in job creation. to me me it's a nonsequitur. >> number one, do what republicans want to do, and that is to create a tax code that's fair, flatter, simpler, more competitive. a two-tier flat tax rate we've butt in our budget. second of all, put america on a fiscally sustainable path. i mean, these serial $1 trillion deficits the president has brought us are hanging over the economy. number three, here's something else the house has done. we have voted to repeal the president's health care plan. which is one of the great impediments to job creation today. here's something congress can do that we' done on our side, and

that is to quit vilifying entrepreneurship and success in america. we're doing our bit. >> weren't some of your colleagues doing that today with jamie dimon? weren't they vilifying the private second for? and what good does that do. i wouldn't trust after those people to watch the kids. why in the world would i let them run the banking system? >> well, you don't want it. and so i'm not sure which colleagues you're talking about. hopefully not republicans. but here's what i saw. the whole reason jamie dimon was there was because they made a bad mistake. they lost $2 billion. but when you look at the federal government, roughly $23 billion in the hole, national flood insurance program, roughly $18 billion in the hole, fannie and freddie, i think it's about $189 billion, when it comes to losing money, jamie dimon in the likes of this town is a rank amateur. >> i said every day it's $2.3 billion in deficits without a

budget. and you guys are spending your time grilling jamie dimon. don't you have better things to do with your own balance sheet? i didn't really get much of an answer, jeb. >> it's not so much about jamie dimon. we don't know much of the facts but it appears to be a well capitalized bank. what they do with their moneyer it's their business. but this nation under president obama has just codified too big to fail into law. what they call the orderly liquidation authority. the congressional budget office says is going to cost taxpayer money. we've got to get too big to fail out of the system. and that's what that hearing should have been all about. >> i'll see you in the morning. i have three hours. i've got to go! go got to go!

thank you. let us bring in our panel. i'm joined by democratic strategist -- they're messing with me jimy williams and kevin williamson. national review, managing director and author of "the dependcy agenda." all right, let's get this straight. who is the lab ral and who's the conservative? >> i'm the evil right winger. >> i thought you were jesse ventura. >> i was a real wrestler in high school. i wasn't the fake kind. >> but the world doesn't need another right winger in a blue blazer. >> i agree with you. wow, i've got to start -- i'm going to start with jimmy. i'm all confused at this point. >> that's right. i was the country club tennis guy that turned out to be the liberal. i don't know what the hell happened. >> am i wrong? i mean, i know people hate when we bring up oyou are forefathers again, but just the idea of limited government, should we aspire so writing lots and lots of laws in congress?

making sure it's lubricated as well as it can be. >> how about clinton? >> clinton, fine. you can look at them all historically, which we just did. reag reagan, an overwhelmingly liberal democratically led house. yet those two chambers september to him and signed into law a huge number of bills. they didn't hate reagan. they just made deals and got it done. but was reagan a big government republican? i'm trying to figure that part out. >> whenever i see people use historical facts to -- there's always things going on. maybe there were -- i don't know. there was a lot going on back at that time. >> but i don't think anybody could say that ronald reagan was

a massive regulator. per say. >> isn't it the wovrs met trick of congress? >> it's a dumb metric. i think it's more important to stop getting bad laws passed. god only had 10 commandments. he's been very unproductive the last few years. most of what republicans does makes the public poorer, makes the world worst off. it would be nice if the democrats in the senate could pass a budget. that would be a nice thing to happen. but i don't want to see the house passing 500 laws a year. i want to see them pass six. and five of those should be repealing something. >> until 1974, congress never passed a budget. let's think about that. we fought wars and we fought brits and everybody else. >> this is what i'm talking about. >> so 1974 to now, i would suggest that our fiscal picture

has not looked so rosy. also when it comes to the issue of democrats and republican -- >> are you saying we have a problem because we have a budget? >> no, i'm saying -- >> really? >> -- >> when you put the executive branch and the legislative branch which have two totally separate jobs that i ear supposed to deal with each other on the fiscal problems of this country, it's a mess. the republicans didn't pass budgets when they held both the house and the senate. so i just want to make sure we're all clear. >> you're from d.c. when they pass a 2,000-page bill and they haven't read it, is that a good thing. do they get an "a" for that or a "d" for that? >> i don't know, you tell me. i bet you would think it's a bad idea. i personally have not benefitted from it or been mall feezed by it. i don't know. what i can tell you is when democrats and republicans get together and come up with like-minded ideas and send them to a president 20 sign and he or she does that, that's not aed bah thing for the country. >> often it is. think about no child left

behind. you have an education reform signed off by ted kennedy and george w. bush sdsh. >> an john boehner. >> you know it's a bad idea. >> i agree with you that no child left behind was a bad idea. >> it's almost always thievery in every case. it's almost always a bad idea. >> i even think back to the second bush term and i'm not real -- i mean, are we happy with all the legislation that was passed? >> they should have passed social security reform. harry reid killed it. >> we passed another entitlement. >> and didn't pay for it. did not pay for it. >> we made obamacare seem like something the republicans could have passed. >> the democrats get all their spending and the republicans get all their tax cuts. nobody fighting anyone over anything. that's why you have such massive deficits towards the end of the bush administration. that's one of the big reasons for it. >> it took me the entire

interview to realize you're the conservative. i got thrown off. but thank you to you both. if i ever do this again i want to have you both back and start -- i'll probably have to -- but i'm not wearing kevin's suit. i can't do it. williams and williamson it's confusing. is the whole world completely whacked out over global warming. and later, the hunt for yield. we know europe is going to be a mess for a long time. but that doesn't mean you can't still make money. we will show you how. and don't forget, the kudlow creed. free market capitalism is the best path to prosperity. i went to a small high school.

the teacher that comes to mind for me is my high school math teacher, dr. gilmore. i mean he could teach. he was there for us, even if we needed him in college. you could call him, you had his phone number. he was just focused on making sure we were gonna be successful. he would never give up on any of us. ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will distribute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪

>> welcome back to "the kudlow report." i'm joe kernan in for larry legends. another legend, hugh hewitt is with me for the entire hour. i read this. i want to see it live. john kerry against naysayers of global warming on the senate flooring, claiming there is a

calculated campaign of disinformation on climate change that is stalling action on the issue. here it is. >> what if the naysayers are, in fact, wrong, as all the science they are. what if because of their ignorance we fill to take the action that we should. what is the worst then? the worse then is sheer, utter disast fer the planet and for all who inhabit it. >> there was more. and i've seen it done before, but every recent event over the last five year, pakistan, wildfires, lack of snow, too much snow, all of it, being attributed to global warming. sheer, utter disaster. so is this something that we could see in our lifetimes destroy the planet? or is it hyped? here to discuss it, raelle jean

isaac, author of "roosters of the apocalypse." how the junk science of global warming nearly bankrupted the western world. and dan weiss, a senior fellow and the director of climate strategy at the center for american progress. joining us from d.c. one of the reasons i requested you join us tonight is your piece in "the wall street journal," outlines trying to preliminarily tackle global warming in europe, what that has done to gdp. and if you were really to tackle what is necessary, what it could do to growth in europe, much less the lesser developed countries. what would it do? >> it's having a very serious effect on europe right now. fuel poverty has become a major problem in england where 7% of

households is estimated to be fuel poor. more than their mortgage, more than their jobs, how to pay for energy. same thing in germany. >> how much more expensive is electricity in spain? >> well, spain, the spanish government discovered that even compared to the rest of europe, where energy is very expensive, it was 17% more expensive and so they couldn't compete. >> spain, where we talk about the spanic because their ten-year bonds are above -- >> that's also the place where obama keeps holding up as an example. >> dan, the one thing that gets me and i just don't think that, you know, whether it's here or there, to tie every single thij that's happened to climate

around the world to climate change is disingenuous and doesn't help your cause in the last couple of years. >> first of awe, that's just silly. >> why is that? >> excuse me. second of all, in the last couple of days, two random num nooups, the san francisco chronicle reported on saturday there's going to be an increase in west nile virus in california. why? because of the extremely warm winter. and in yesterday's washington post they talk about the community of norfolk, virginia, where dozens of people in their homes -- >> this is north -- >> excuse me, i'm speaking. >> there are portions that had much, much colder than average. >> you're wrong about that. the northern hemisphere just had the second warmest -- >> in 150 years on a planet 500 billion years old. we've had 8/10 of a degree increase in 150 years. you have scientists who have resigned from the american physical society because it's not a settled science yet. . >> listen to me, hugh.

>> that's what -- >> let me finish. you talked, i talk. the national academy of science, the most prestigious science institution in the world did a report that found 98% of the peer reviewed literature all pointed in one direction. which is that global warming is real and it's caused by human beings. >> dan, it's hugh -- >> if a doct 98 doctors tell me a life-saving procedure and two tell me i don't, i'm going with the 98. >> john kerry is your problem. nobody believes them. nobody believes a lot of this stuff because of climategate. you know the e.p.a.'s cross date pollution rules has been put on hold by the d.c. circuit. the e.p.a. lost a 9-0 ruling. you know they bone headed move on fracking again and again. nobody believe i don't say uh people anymore. and john kerry reports for duty and they just laughed. they laugh about the west nile virus. now i go back to california and i have to worry about west nile

virus? >> absolutely you do. >> i'm going to lose sleep. >> a dozen years ago, we didn't have west nile virus in the united states. now we do. that's exactly what scientists predicted. 98 scientists say you need a life-saving procedure, two say don't worry about it, i'm going with the 98. >> do you think about chiend that and india getting onboard much less us and the rest of the europe? you know, it just -- >> china is actually adopting, gets 11% of their energy now from nonfossil fuels. >> do you think we're going to slow the growth of fossil fuels significantly? >> we can if we invest in it. >> do you think we will? look at germany. the lowest employment in the last 20 years because of investment in solar and wind energy. those are facts, not just what you've heard from the other side. >> we've settled this. no, not really. up next, markets hate uncertainty.

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this environment? here now is the chief global investment strategist at blackrock i shares group that just released mid year outlook today. that was just today? >> that was today. >> and michael o'zannion? co-host of the show "sports money." and noted bank analyst dick bovay who needs no introductions. dick, i'm going to start with you quickly. financials, people haven't been that friendly towards them in a while. but you always have a list like the cream of the crop. what would you buy right now? >> u.s. bancorp, wells fargo. safe banks where earnings have been going up on a consistent

basis. the banks are bigger today than they were before the financial crisis began where the priceses of the stocks are lower than they were before the financial crisis began. because people are so frightened about rumors and stories and theories that they're not looking at the underlying earnings which continue to go higher. >> dick, you know, you never want to use the "r" word. you never want to use the word run, bank run. but there's enough fear and loathing in europe that our banks have to be benefittinging. where do you take the money if you take it out of european -- where do you put it? >> you're exactly right. the european banking system supposedly has $20 trillion in assets. and supposedly we'll lose about 10% of those assets over the next 20 years. they have to come to the united states if they want to get dollar-based loans.

>> all right. russ, what was your -- what was it? a mid year thing? >> mid year outlook. >> what's your mid year outlook? >> volatility. >> it's a very safe call. >> could go up before it goes down or stays the same? >> going to go up, but accomp y accompanied by a lot more volatility than the first part of the year. it looked like europe was solved. the reality is a lot more complicated. it's going to be a chronic source of volatility for the rest of the year. you have this choice a very tough choice. you can either park your money in cash or treasury and accept negative yields or accept a little more volatility and there's decent opportunities oit there, but you're going to have to stomach the ride. >> all right, i've been hearing dividend, dividend, dividend, dividend. that's fine. we had a smart guy on today, kessler who said 10 years ago to keep buying bonds. he points out you buy a 4%, pfizer, at&t, back in the

financial break some of these stocks go down 30%, 40%. you're not guaranteed just because you have a high dividend you're not going to lose your tuchus. >> dividend stocks are dividend stocks at the end of the day, but they're lower beta. i think they're reasonable places to hide. that said, you can overpay. people were paying a lot of money for safety. there are sectors, particularly in the u.s. like utilities where people are overpriced. there are other places to look, outside of the u.s., asia, even parts of northern europe where you can get that dollar of dividends for a lot less. >> so mike, you see it a little bit differently. you think you might even need some noncorrelated assets in the mix? >> i have a lot of cash right now. i think the market is in for a big sdip. but i diversify. i go with a mutual fund, something like t. rowe price dividend growth fund. they have a big basket in there, the traditional companies. >> farm land? >> i like farm land as well.

it's good income producing. you can go to u.s. trust, they'll lease farm land to a farmer. you'll get the income and you'll get the capital appreciation in the land over many years. it's average, below double-digit return over the last 20 years. >> anyone think the fed, what are they going to do? a variation? qe-3, dick what do you think? >> i don't think they're going to do anything. >> not even a twist? >> no. i think basically you've got $1.5 trillion locked up in the fred right now which are bank deposits that are not being used to -- >> so they already did that. yeah, that's not what they need. >> the issue is to get the money out. in other words, if they change the regulations, you know, impacting banking, they can get that money out of the fed and into the economy. and that doesn't lower interest rates and it doesn't increase money supply. >> yes or no, russ? twist or 3? >> it's data dependent. if the dat sta stays where it is, probably not. >> the economy is getting worse. the fed will ease tomorrow, if

not tomorrow, then the next time. >> even it will be qe-3? >> absolutely. >> thanks. up next, jpmorgan ceo jamie dimon, grilled on the hill for the second time in a week. these are the guys who knew even less than the last guys. once again, we're left wondering, does anyone in congress know what the heck they're talking about? is that not a loaded question? cnbc's jane wells hits the beach to play "are you smarter than a congressman"? anyone taking bets on who asks better questions? we'll be right back. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ]

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welcome back. i'm joined by hugh hewitt, nationally syndicated radio talk show host. he's got mega, mega listeners and influence and i'm honored to be asked to be on your show every once in a while. you're also the author of "the brief against obama." and thank you for being here. >> good to be here, joe. >> signed copy of that? >> many coming your way. >> thank you. no document, no deal. attorney general eric holder and house oversight chairman darryl

issa didn't get it done. bertha couples with more on that and all the breaking headlines coming into the breaking news room. >> just seems like they can't seem to get into agreement down in washington. darryl issa and attorney general eric holder ratcheted it a notch when a late meaning broke up without a deal to share documents. issa's committee will vote for a contempt citation against holder tomorrow. treasury secretary geithner told reporters, quote, we're encouraged by what we've heard from the european leaders and christine la guard said the seeds were planted but the europeans have to make hard choices. and former egyptian president

hosni mubarak is near death according to reports. he resigned in february 2011, you'll recall, after 30 years as president in the face of massive demonstrations. he was wheeled into court in a bed earlier this month when he was sentenced to life. joe? back over to you. >> okay, bertha, thank you. this is larry's read, anyway. i'm going to do it. jamie dime testifying on capito hill. who asked better questions? congress or surfers. >> reporter: joe, welcome to "are you smarter than a congressman?" we wanted to know if regular people could ask better questions and get more information than our elected officials. >> you already said something that is false. >> lobbying is a constitutional right and we have a right to have oyou are voice heard. >> oh, well, i'm not questioning

your right to lobby. i'm questioning what's in the best interest of the american public. >> is it fair to say that jpmorgan could have losses of $500 billion or $1 trillion. >> not unless this earth is hit by a moon. subpoena. >> is gambling investing? >> no. when you gamble on average you lose. the house wins. >> that's been my experience investing. >> i would happy to get you a better investment adviser and improve on your experience. >> even here in la-la land, could people ask better questions? >> if you could ask him anything, what would you ask? >> how much money do they have in credit default swaps with germany and greece. >> i would just ask him what he's thinking. >> what were you thinking? when you make a decision that big. >> billion. >> billion?

>> i don't think he made the choice alone. i think there are a lot of factors. >> these banks are getting so big and so complicated. one of the things you hear a lot about is they're not just too big to manage, but too complex to manage. and, you know, can any one chief executive sort of know enough to manage them properly. >> that last guy just got his mba from yale. but we got a lot of good questions on twitter. quote what is the trade? who is the counter party? are you still in it? was the risk worth the possible benefit what is proprietary trading? is it troy brian moynihan took you flowers for taking his place on pin the tail on the banker? i'm still waitinging for corzine to explain what he did to new jersey. >> it is so unfair to compare surfers to congressmen. it's not fair at all. >> to the congressmen?

>> to the cur fersurfers. >> president obama has been screaming class warfare rhetoric for the last three years. but the wealthy aren't getting wealthier. so much for that great divide. some think the government has become -- there he is, jesse ventura -- a gangsta paradise. we'll explain. if you have copd like i do, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers

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the the rich keep getting richer, the poor keep getting poorer. it's been a rallying cry for the left anytime they talk about economic inequality in this country. but a new study from rbc and cap gemini says the past year has been tough on everyone, especially the wealthy. robert? >> reporter: 2011 was not a great year for the world's millionaires. in fact, there are 11 million millionaires in the world. these are people with investable assets of $1 million or nor. now, the total wealth of this group dropped by $700 billion. that's right, $700 billion in one year. it was the first decline since the financial crisis of 2008. now the you would stwra wealthy,

these are people with $30 million or more in investable assets. they saw the biggest drop. their wealth declined more than twice as much as the ordinary millionaires. now, of course, uh there was one region that saw an increase in millionaire wealth and that was the middle east. the u.s. is not so lucky. we lost more than 30,000 millionaires last year. a drop of almost more than 1%. and the total number of millionaires has been flat over the past five years and their total wealth is now lower than it was four years ago. so in a way, it's been a lost half decade for the wealthy. now we shouldn't feel soy were for these down sized millionaires, but it's simply false to say the rich have all gotten richner this downturn. everyone has taken a hit, both in the u.s. as well as abroad. joe? >> thanks, robert. and one thing we do know as we try to defend capitalism and

larry legend does it every night, you go back 30 years and every income group has benefited over the past 30 years. you look at the number of people on this planet that used to make less than $1 a day, used to live on less than $1 a day, 80% have risen up in the last 30 years to where that i ear no longner that position. we con flat all this stuff and when you actually look at the number, i don't think there's anyone who says the rich need to come down to where the poor are. we're aspirational. we want to bring everyone up if we possibly can in any way. >> absolutely. the other misconception is that wealth today is an escalator. it's the same group of people always getting wealthy. in fact, it's a very fast shifting group of people. and it's more like a roller coaster. it moves with the stock markets. and last year's stock markets were not great. economic growth around the world was not great. what everyone has to realize is that this top group is very sensitive to markets and the economy. you look at california. that's the big issue, relying so

much on this group for taxes is very dangerous. >> and you take the move of the stock market from 1980 to 2000. the people who own thes a pets that accrued. and then when a person's home goes down 30% to 40%, a middle class person, that's the biggest store of their net worth. these are a lot of -- >> you're right about california. >> absolutely. >> thank you. up next, the demo crips and the re-blood-licans. jes jesse ventura will be with us when we return. stay in the moment sanya

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our next guest says u.s. politics and government have become paradise. joining us now is former minnesota governor jesse ventura, author of new book ademocrips and pre-blood-licans. you say because the way campaigns are financed it's basically bribes. so you're bribing people and then you have favors that are due once they're in office and it's one big incestuous system. basically that's it, right?

>> yeah, you hit the nail on the head. you don't even need to interview me. you did a good job right there. >> i'm trying to figure out how long it's been that way. i mean, i could see maybe it's gotten worse, but if you don't know who the people are who are running you don't know who to vote for. it seems like you can't separate the two. i don't know how you do it any other way. we've tried to limit it so many different ways and so many different time. something always sneaks through the cracks anyway. >> how about open disclosure? they don't even have to tell now where they get the money from. the money is coming in by the boat load. >> who do you think it's coming from? the mafia? are the corporations any worse than the unions or the billionaires? or any worse than -- i mean, everybody's got a right to, you know, to elect the people they want to elect, right? >> yeah, but it's a system based on bribery. if you do that in the private sector, you go to jail. you can't bribe somebody in the

private sector. >> i understand selling books, i get it. book tours. i'm on one. i understand titles like democrips and re-blood-licans. but have any real victim victim gang violence come out against this? >> what's the cips color? blue. what's a blue state snp what's the blood color? red? what's a red state? the democrats and the republicans affect every citizen in this country. and by the way, you left off billionaires. >> i said billionaires. >> according to our research, billionaires increased their wealth five times as much in the last recession.

>> governor, take alan jackson, he's rining for prosecutor out in l.a. he's a gang prosecutor. i think he would quarrel with you a little bit, as would the victims he's trying to get justice for as would everyone i know in the victims right that real gangs are not anywhere nearly as damaging as political parties. it's just silly, governor. >> really? let's start adding up the wars. through all the wars we fought lately. you know, i'm 60 years old now. and do you realize that my country has been at war for over half my life? and i'm post world war ii. let's add up the wars and how many die in those. how many civilian deaths happ happened daily because of our war that we wage in this country throughout the world? you don't add those in, do you? >> no, i don't, governor. because it's an oargument that you've made before in public that somehow we're responsible

for 9/11. but you can't answer my question. did you talk to victims of gang violence? >> i used to be in one. you're talk who has been there and done that. >> when you were governor? >> no, no. earlier in my life. i rode with the mongols motorcycle club. so are the helds angels. so are the outlaws. so are the pagans. we're just motorcycle clubs. >> i saw another interview, we haven't got that much time. but you're a fiscal conservative. i think you're also believe in limited government, but you're -- you could see a role for government-run health care. and i don't see how you square that with limited government. >> well okay, all right. government run health care, what do we have for veterans? government run health care. >> i understand that. i understand that. >> congressmen and senators. i show in the book. >> i know. >> they get five choices of government-run health care. why should a congressman and

senator get anything more than a regular citizen does? why are they privileged and the rest of us aren't? >> we've ere going to do this a. thanks, jesse. and thanks to my special guest tonight hugh hewitt. we're going to be joined by newt gingrich. that's it. good night. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] how math and science kind of makes the world work. in high school, i had a physics teacher

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