here's reaction from washington, too. >> i'm sorry for our country because this was a moment of important leadership. it was a real test. >> they were fundamentally different positions. people tried to find a way to bridge those differences and come up with common ground. >> despite the broad agreement for such an approach, there are still too many republicans in congress who have refused to listen to the voices of reason and compromise that are coming from outside of washington. >> with the world as a dangerous place, we're going to put the military on the chopping block. it's like holding a gun to your own head. >> the president's fault, part of the congress's fault, but it's a mess. >> with no disrespect to the president, it's kind of like where's waldo? where's the president been? he was absent last summer during the debt ceiling vote. now he's been absent in the super committee vote. >> i will veto any effort to get rid of those automatic spending cuts to domestic and defense spending. there will be no easy off-ramps

on this one. >> strong words, shaking fingers. our deputy political director mark murray joins us live. you were watching all of that yesterday. everybody running for cover, trying to duck here, but who's going to be the biggest loser in the end? >> there are a couple. particularly any incumbent particularly on the congressional side will have a lot of explaining to do to voters in 2012. you look at polls right now, some show that congress's approval is at 9%. others at 13%. but boy, that isn't a good message to have when running for re-election. so that would be an uphill climb. another loser, richard, has to do with the defense industry, if these defense cuts stay in. it's a pretty big blow for the defense industry. that's pretty much gotten its way as the united states has waged wars in iraq and afghanistan. >> yeah, they have agreed to cuts from the previous budget deal. so that's also going to add on to the numbers you bring up here. so we talk about losers. are there any winners?

>> at least in the short term, president obama has the potential to be a winner. this -- what ended up happening with the super committee sets up the type of argument he would like to have come 2012. his is about shared sacrifice, if there's any type of austerity. he will say that republicans actually only want sacrifices from the middle class, won't require any from wealthy taxpayers. the other winners, richard, have to do with the republican candidates who are running for president, particularly with those with outside washington credenti credentials. they could say, look, congress, washington, even the white house, they're all screwed up. it's time for some change. and then one other winner, richard, has to do with budget cutters. if these $1.2 trillion worth of cuts go into effect, that's on top of the $1 trillion, what was already cut during the debt ceiling increase back in the summer. and then if those bush tax cuts, all of them end up expiring come 2012, that could be $6 trillion in budget cuts over ten years. >> all right.

mark murray, thank you so much. looking at the winners and losers from the super committee not being able to come up with an agreement yesterday. thank you, sir. let's get to susan page who is going to join us right now. as we will get to president obama. he is in the air at the moment. he's headed to new hampshire and politically, it's a state that's crucial in 2012. and as we talk about where the president's going, there's also the fallout. and we look at the super committee and where we're going next. let's now bring in "usa today's" wash bureau chief susan page. susan, there's some very real consequences. the president may be going to new hampshire looking to push forward his jobs bill, but these consequences, they're things that congress has to deal with, right? for instance, president obama mentioned one of them yesterday. take a listen to this. >> if we don't act, taxes will go up for every single american starting next year. and i'm not about to let that happen.

middle-class americans can't afford to lose $1,000 next year because congress won't act. >> when we look at this, susan, how will this showdown -- if it happens, which is why they expect it on that issue plus unemployment benefits, what do you think? how will it play out before the end of the year? >> there are a couple things like the extension of unemployment benefits and the payroll tax holiday that some people hoped the super committee would take care of. now that congress will have to deal with that independently over the next month or so. and congress does not have a great record in actually being able to get things passed even when a big deadline looms. >> one of the issues here outside of that are the military cuts that mark murray was talking about. there have been some discussions about how to make a work around that. how is that going to work? >> well, president obama drew a line in the sand yesterday when he said he would veto efforts to ameliorate those defense cuts even though leon panetta has warned about the consequences of that. i think that's going to be one of the big debates over the next

year. and i know we're going to hear about that tonight at the gop debate. >> do they have until 2013, january, to work that out? is that even possible? >> well, the cuts are supposed to start to hurt in january 2013. so you need to start dealing with it before that. the idea of waiting until after the 2012 election, that pushes it off to the point where those cuts are going to be on board and about to happen. >> you know, the president had also mentioned that there is a room for a solution to work out a balanced deal. what is he talking about? it seems almost like it's a joke given what we've seen so far. is he also alluding to this one-year wait time until we hit 2013? >> of course, we know that democrats, republicans and independents all support the idea of kmcompromising, both sis to reach a balanced deal. there's one group that opposes that, and those are tea party conservatives. that's what makes it so difficult to get to a deal by

the super committee. it's hard to see if the super committee didn't work, what are the forces that will come into play in the next year that makes it possible to reach the deal that they couldn't reach? >> we shall see. susan page, thank you. >> thank you, richard. billionaire and new york city mayor michael bloomberg will join andrea mitchell today at 1:00 p.m. to discuss what's in store for the economy and job creation. after the failure of the super committee, stick around for that. as i mentioned earlier, right now president obama is in the air. he is headed to new hampshire. and politically it's crucial for 2012. and before the president hits the ground, he's getting hit with a new ad. take a listen. >> i am confident that we can steer ourselves out of this crisis. if we keep talking about the economy, we're going to lose. >> all right. i want to bring in our company, conservative columnist and host "s.e. cup" and host of "our

world." let's start with you. mitt romney paid for this ad we were just showing. it's his first. what do you think? is this a hint that romney sees his biggest competition as barack obama and not ninlts rig anyone else right now in the gop field? >> it's a hit because of the theater. obama is coming to new hampshire where romney is supposed to do very well. and he's setting up this dress rehearsal for the idea that romney will be the eventual nominee. optically it's good for romney. i'm not sure why republicans, including mitt romney, are trying to sort of cut and paste obama's words. they don't need to do that. there's plenty of material to work with without having to sort of, you know, fit obama's words into a narrative that already actually exists. but beyond that, it's a very effective ad for new hampshire voters. >> there's been a huge backlash. and mark, let's turn to you right now. an obama spokesman calling it a deceitful and dishonest attack, end quote, because part of the

footage was taken out of context. the issue about the economy not being a good issue to discuss. that was actually a quote from a mccain aide. >> exactly. >> that had made that comment about how they should look forward in their touch points and how to discuss forward. what's your reaction? >> exactly right. in 2008 obama was criticizing and quoting mccain in that instance. as she said, there's plenty of space to critique his words, but to take his words out of context is dishonest and in some ways wreaks of desperation. what's smart about romney is he's willing to project himself as the opponent to president obama despite the fact that newt gingrich is gaining on him, despite the fact that we have a new republican front-runner every week. romney is saying i'm tired of this battle. i'm going to move on to the next thing. it's a smart thing to do. >> and the romney campaign has defended that ad saying it's clear that over the course of some 20 months that the economy has not gotten better. let's move on. there's a new poll that show's mitt's biggest competition right now is newt gingrich.

newt's leading this poll. you see the numbers. and the headline from "the washington post" is "gingrich seeks to prove staying power." s.c., can he do it? >> i was recently a speaker on "the national review" cruise, and i did sort of a poll, an unofficial, unscientific poll and found a surprising contingent of newt fans. and i asked, what is it about newt that you like so much? and they all said, well, we want to see him debate obama. well, that would be a fun show to watch, i'm sure, but i'm not sure that's why we should nominate someone president. and newt has always had a likability issue. he's made mistakes in both columns, character illogical and doesn't seem particularly embarrassed by any of them. >> he's resilient. >> i still deserve to be president. and i think there are people who think no, you don't deserve to be president. you made mistakes. you're a smart guy, and we really think you could probably solve some problems, but you had your shot. >> good point, s.c.

let's ask you, mark. will they be taking aim at him in the debate since he's atop the polls pretty consistently? >> of course. when herman cain rose to the top, now we'll see people come at newt gingrich. the difference is newt is fully capable of defending himself. the down side of gingrich isn't his expertise or debating prowess. it's the fact that if he gets into a general election, all of those skeletons come out. he can win debates. he can't win elections. >> great points this morning. thank you. >> thanks. as mentioned, president obama is flying to new hampshire. he'll continue to promote his american jobs agenda as well as pushing for an extension of the payroll tax cuts. now, those taxes do not get extended, that could mean about $1,000 less in most americans' pockets. details ahead. and occupy california demonstrators at uc-davis are putting up tents. the chancellor of the university

saying she feels horrible. someone was pepper sprayed by police. and last night he told our ed schultz about that experience. >> he came up to my friend and said, if you don't move, i'll shoot you. and my friend responded, i'm just sitting here. i'm just sitting here. he shook up the can of pepper spray, held it in the air for all of the crowd to see, and spray painted us down in the face three times. the first time it hit, i was immediately blinded. it felt like there was white-hot sand in my eyes. >> the officer has been put on administrative leave. the man does not believe it was the officer's fault but says the chancellor should take responsibility and resign. ounce] what if you have potatoes? but you've got a meat and potatoes guy? pour chunky sirloin burger soup over those mashed potatoes and dinner is served. four minutes, around four bucks. campbell's chunky -- it's amazing what soup can do. mary? what are you doing here? it's megan. i'm getting new insurance.

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ron paul told the occupy protesters he fails their pane

at a campaign stop at keen state college. >> we are the 99%! >> we are the 99%! >> we will be heard. >> we will be heard! >> do you feel better? let me address that for a minute because if you listen carefully, i'm very much involved with the 99. i've been condemning that 1% because they've been ripping us off. >> now, speaking of college, there's a possibility we could see professor newt gingrich in the white house. >> i'll probably teach a course when i'm president. i think i will probably try to do something that outlines for the whole country what we're going to try to accomplish and offer it online. >> mitt romney is getting personal in an interview with "people." the interviewer asks, have you ever had a beer? and he answers, quote, never had drinks or tobacco. it's a religious thing. i tasted a beer and tried a cigarette once as that wayward

teenager and never did it again, end quote. and finally, the president expressing his disappointment with congress and specifically republicans in an interview with msnbc host reverend al sharpton. >> how do you respond to their announcing that they can't reach a deal, and where do we go from here? >> look, there's no doubt that i'm disappointed that not just congress generally, but the republicans in particular, are not willing to put serious revenue on the table as part of a balanced plan. >> and you can hear that full interview on al sharpton's radio show later today. president obama is on the road again heading to battleground new hampshire. and as we mentioned to push his jobs bill, he'll press for an extension on payroll tax cuts due to expire at the end of the year. our kristen welker joins me live from the white house. new hampshire, an important election state, but not an easy one for the president either. >> reporter: that's absolutely right. it is a politically important state, richard. president obama will be speaking at a high school in manchester in just a short while.

as you said, he will be calling for an extension of payroll tax cuts, also an extension of unemployment insurance. both are a part of his american jobs act which is largely stalled in congress right now. but the political backdrop to this trip is hugely significant. this is a swing state that president obama won back in 2008. and now according to some of the latest polls, he's actually trailing mitt romney by about ten points. mitt romney really seizing on that momentum. as you mentioned earlier in the broadcast, richard, he released that attack ad today in new hampshire which essentially hammers president obama for his handling of the economy. the obama campaign has already fired back saying that the ad really misquotes president obama. romney has also, by the way, taken out an ad in some of the local newspapers there. romney was just there yesterday stumping, shoring up support. so this is a politically important state, richard, only

for electoral votes, but it really could be key to president obama's re-election. they know it. that is why he's there today. we'll likely see him visit a number of more times in the coming months, richard. >> yeah, no doubt. thank you so much, kristin welker at the white house. the failure of the congressional super committee boiled down to taxes and entitlements with democrats and republicans sticking to party lines and refusing to bend on these issues. is the persistent partisanship gripping the capital and endangering everyday businesses from hiring and growing? let's ask former arkansas senator blanch lincoln, now the chairwoman of small business for sensible regulations. senator, thank you for your time today. let's start with this. you've written that the unrelenting partisanship, your words, is strangling the nation's political process and diverting our energies from building our economy. can you explain what you mean? >> well, i mean what this is all about is the economy. it's about job creation. and you see a missed opportunity here where you had a super

committee that could have bypassed much of the procedural process to really get something done. and now they're going to wait out the clock. and i think it's inexcusable to wait out the clock till after the next election and things get worse. this is about the economy. it's about creating jobs. small businesses do the best job at that. and there's great opportunity to put in sensible regulation, bring certainty so that small businesses can do just that. >> let's talk about that uncertainty. businesses small or large will point to washington and say with all of that uncertainty, with all of that inability to get things done, i'm not going to spend any money. i'm not going to invest. i'm not going to hire until i get more certainty. how does washington, d.c., fix that? >> well, first of all, they do learn to come together. there's no reason that people on members of congress cannot come together and find a middle ground. i mean, there are mathematical equations that can show you, you know, how we're going to lower our debt over the next ten years by increased revenues and increased cuts in spending.

i mean, there's a middle place to be met. you know, waiting it out, pointing fingers at one another, it doesn't get the job done. and the american people see that. sensib sensibleregulations.org is a great group of small businesses, over 1,000 of them, that have come out to have their voices heard so be sure that they can remind the congressional leaders that they are 50% of our gdp. that 60% of the private sector jobs are small business jobs. >> they're a big hirer, a big job engine. >> exactly. >> and one of the points that you make has to do with compliance. you've brought up regulation a couple times. i want to share this. there's a recent gallup poll that found compliance with government regulations. the single biggest issue facing small business owners, you've been critical about how the obama administration has increased regulation on small businesses. >> i think it's such an important point to see that this is something the administration can do outright. it can go in and clean out the closet. you've got unbelievable regulations in there that are

redundant, duplicative. some of them are not even meeting the goals that we've got set. and nen you've got 4,200 pending new regulations on the -- to be put on the books that just create huge uncertainty. and for small businesses, they spend, you know, for regulations, it's about -- well over 300% more as a cost to them. >> are you for, then, eliminating the epa based on what you're i saying so far? >> oh, no. this is not a group that's about eliminating agencies or eliminating all regulation. this is a group that understands clean air and clean water and safety in the workplace are important. but you've got to be reasonable about what we're doing here in terms of what it's costing small businesses and big businesses. when job creation is the critical part to putting this economy back on track. >> great to see you, senator blanche lincoln, as always, thank you. >> you bet. the u.s. navy says it's laying off 3,000 career sailors. the money-saving move comes

after the navy reviewed more than 16,000 sailors in 31 job categories that were overmanned. the first round of pink slips went out last week. and the second round will hit later this month. the navy saying it's providing sailors with career retraining advice and programs as well. so what do you think? about these navy layoffs? let us know. tweet us @jansingco. time for the "your business entrepreneurs of the week." small businesses in austin, texas, are thinking local. mason arnold runs a business which distributes produce and baked goods from that city's little blue stem. they are championing the buy local community and helping the economy of their community. for more, watch sunday mornings.

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welcome back to "jansing & c.o." i'm jeff moreau. let's look at today's travel weather. if you're doing traveling here in the east, midwest, parts of the deep south, you've got rain to deal with. in fact, there are already airport delays in philadelphia. those will only get worse and maybe spread up into the new york city area as the rain moves in later today. farther south, the severe weather threat, we could be talking about maybe large thunderstorms with gusty winds and hail.

traveling down here through alabama, parts of tennessee, louisiana, southern mississippi, coastal texas, yeah, that's going to be a little bit of an issue as we head through this afternoon. anywhere from the central plains west into l.a. and phoenix, you should be fine. but in the pacific northwest, yeah, along interstate 5, anywhere from seattle and bellingham south into northern california, rain will be the issue over some of those higher passes. you'll be into the snow. again, we're most concerned about the severe weather threat here all across parts of the south and even as far north as cincinnati and nashville as we head through this afternoon. richard? >> it's going to be a tough one for those traveling through the northeast, yeah, come tomorrow. here's a look at other stories people are talking about now for you. iran's foreign ministry calling washington's new sections propaganda and warfare. the obama administration announced new measures to get tehran to stop its suspected nuclear weapons program. iran denying pursuing such a prom. and the mother of an accused bombing suspect is apologizing

saying she loves the city and her son. she said she was very disappointed in what her son was doing, saying he's a normal american guy, but his personality changed after he converted to islam five years ago. the search continues in florida for michelle parker, the mother of three who went missing nearly a week ago. she was last heard from after an episode of "the people's court" that she appeared on with her ex-fiance. after that aired, parker's family believe she was carjacked and are pleading for her safe return. >> i know that they want to fix this. and i forgive them. it's thanksgiving. she wants to come home to her babies. we want her home. just drop her off near a hospital, near a church, near a fire station, feed her. oh, god, please feed her and give her water. and bring her home. >> so difficult. there is a $13,000 reward for anyone who can provide real tips to help find her. as many as 13 more people

are expected to surrender to police today as part of an s.a.t. cheating scandal in new york's long island. police have already made seven arrests in that. the scam involved students paying up to $2500 for people to take the s.a.t. for them. the magazine wrote -- thank you very much for that. "forbes" magazine wrote this chicago as the best darn town -- okay. >> that's occupy protesters interrupting chicago mayor rahm emanuel. he was smiling at least. that was last night at a news conference. he cut his remarks short there. protesters were hoping to have an ally in emanuel but were disappointed when he didn't allow them to set up camp in grant park after hours. it does not appear to be getting better in egypt. look at the massive crush of people in tahrir square. an estimated 100,000 people or more all furious at egypt's military leaders for refusing to hand over power. and the crowds show no sign of

thinning out right now. as we look at these live pictures. meanwhile, three u.s. students are apparently caught up in the chaos. egyptian state tv is broadcasting these images of the boys, they're accused of throwing molotov cocktails. nbc news chief foreign correspondent richard engel is there right now live. richard, first of all, it's always what's happening around you. can you show what's going on behind you right now? >> reporter: i can try. it's getting dark here, but i think we'll be able to see what is happening in tahrir square now, if we move in a little bit. there are -- and it's very hard to estimate the crowds of this size -- but maybe 150,000, perhaps now 200,000 people. with every hour it seems to be getting bigger and bigger. right now you can look in the middle where there is some white cloths set up and some tents. that was normally a muddy, grassy area in the center of tahrir square. that has become something of a headquarters.

there's a field hospital set up there. there is a mosque set up there. and if you pan over a little bit to the left, you can see the flashing lights of an ambulance. that is because down that narrow side street, which is right by the american university in cairo, that's where the clashes have been taking place throughout the day. people have been injured there. they're either put into ambulances or sometimes rushed on foot on motorcycles or carried by other protesters to this field hospital in the center of the square. but it keeps going and going. and it just continues to go. there's the arab league in front of us. and it just goes all the way. and it's starting to grow even in the direction of the cairo museum. these are definitely the biggest protests that have taken place in cairo since the revolution that toppled egyptian president hosni mubarak. it's also the biggest challenge to the military which has dominated political life in this country for nearly six decades. >> richard, as you have done so

many times before, can you help us translate, understand what they're chanting? it may be difficult, but what are they saying if you can understand them? >> reporter: yes, i can. it actually -- they're pretty much the same chants that they were saying had they were toppling mubarak. so under mubarak, the big slogan meant "the people want to topple the regime," meaning the mubarak regime. this time they have modified it only with one word. "the people want to topple the field marshal." and that is a specific reference to the field marshal tentawi, the head of the military council in this country. and the anger has shifted from mubarak to the military because they say -- because these protesters say that really, it's not -- nothing has changed, that the military was just part of mubarak's system. in fact, that field marshal served as mubarak's defense minister for two decades. >> richard, as we look at what's

happening right now, does this threaten any democratic gains they may have had as you've watched from before during the downfall of mubarak till today? put that in context for us. >> reporter: there have been some democratic reforms. people have more freedom of expression. but in practical terms, there have not been the kind of democratic institutional changes that they were hoping for. still, this country exists under an emergency law which means the military, the security forces have the right to arrest and he do taken people. thousands of people have been sent to military tribunals. and that is the kind of thing that people want to see change. and the military has been promising a process of slow democratic reforms that would take place over a year. and people here decided they have lost patience with that and decided to repeat the tahrir square model, come out into the square again and try and put pressure. now, the pressure already does seem to be working. we are waiting for a statement

from that field marshal, the object of so much anger here. earlier today in the square, they were hanging an effigy of the field marshal. he is meeting with different political leaders and is expected to make a public statement. and one other thing, we have also learned about those three american students. the american university in cairo has confirmed that they are american students studying here and have been detained, apparently being held by the egyptian prosecutor's office for throwing stones or somehow being involved in clashes that have been taking place here. richard? >> a compelling evening. as always, compelling reporting from our chief foreign correspondent, richard engel. thank you. nbc news is reporting that the penn state sex abuse investigation may be widening to include obstruction of justice charges. we're learning that the second mile, the charity founded by accused predator jerry sandusky was the focus of a secret contempt motion filed back in july. that motion was withdrawn after some missing expense records

were produced. but sources tell nbc news that some records are still missing. new lawyers for the charity are looking into whether those records were destroyed to hinder the investigation into sandusky's relationships with children. those alleged relationships. i'm joined by "sports illustrated" senior writer john wirtheim. when you hear about this concern, this obstruction of justice, what's your reaction? >> second mile is an interesting component that we haven't learned a lot about yet. if you read the grand jury, there are indications this organization may have known as early as 1998 about some of this. and it does seem as though there have been missing files. i mean, i know that law enforcement's had some hard time getting documents that they had requested. and again, i mean, part of what makes a scandal so explosive is that there's still so much we don't know. and second mile, i think, will figure more prominently. >> part of that, john, as we look at luis free, former fbi director, now head of this investigation. we're learning this development

the day after he was named. is there anything related here? >> well, louie free was announced yesterday. there are multiple investigations going on. this is just the penn state investigation. the big headline was former fbi director. lost in that, he was going to go back as early as 1975. that's an interesting date. >> do we know anything about that date? >> well, in 1977 second mile was founded by sandusky. you connect the dots, the most recent allegation of sexual abuse wasn't until '98. i think a lot of people are wondering what happened between '77 when second mile was founded and '98 when louie free makes this announcement. >> is there any correlation at all. so you brought up the point, there are many investigations going on right now. which ones should we watch? which ones are you watching? >> well, we'll see who has what subpoena powers. but we sort of have these multiple investigations. keep in mind, ongoing criminal inquiry. we've got a penn state investigation, ncaa.

this may turn federal. i think the penn state investigation will be interesting because though they may not have subpoena powers, they've been very outspoken about transparency and let the chips fall where they may. >> there's a report in "the wall street journal," which i'm heard you've read that penn state football players were treated more favorably. in fact, the chief discipline officer chose to leave. >> in reporting for the story, we heard a lot about some very suspicious about discipline, academics, about this football team -- >> did they get better treatment? is that what the report is? >> that's what the report is. just anecdotally. if this was campus police being called. there's a report that mike mcqueary broke up a knife fight between players. i can't imagine too many other undergraduate players having a night fight and not having consequences. >> penn state is known for having good grades. if they do win this saturday, they could be rose bowl bound. if they get that call, what

should they do? should they go? >> i think this season, maybe enough sort of wheels in motion. i think next season, what if penn state just said you know what? we need to step back. no football in 2012. we need to reassess, recalibr e recalibrate. >> take a year off on their own. >> on their own. i think the bowl's already in motion. you've got seniors, they've played their last game. i get that. but for 2012, what if they said unilaterally, self-imposed, we need to take a breath. no football. >> terrific insight. a new report shows the economy grew more slowly than previously thought over the summer. the revised report showing the gdp declined by 2% in the third quarter down from the earlier estimate of 2.5%. the commerce department also says our paychecks took a big hit along the way with incomes falling by the largest amount in two years. here are the boards for you. the numbers now on wall street, all red. not big numbers. down 24 and change when we take

a look at the dow jones. trying to shake off yesterday's big loss of 248. that was a big one. reacting to the debt deal debacle in washington. on this date 48 years ago, an event that arguably changed the course of american politics. president john f. kennedy was assassinated while traveling in an open motorcade through downtown dallas. he was in texas for a stop as part of his campaign for re-election. kennedy was 46 years old. i refer to her as "that woman with the great gums." as jill's dentist, i know that her gums are a foundation of a healthy smile. jill knows that, too -- so she uses crest pro-health clinical gum protection toothpaste. it helps eliminate plaque at the gum line, helping prevent gingivitis. it's even clinically proven to help reverse it in just 4 weeks. and it protects these other areas dentists check most. crest pro-health clinical gum protection. because healthy smiles are built on healthy gums. life opens up when you do.

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new research suggests many children aren't getting enough pain medication after a trauma or surgery often causing them unnecessary suffering. 13% of children had pain lasting for months after surgeries like appendectomies. researchers say some doctors are

reluctant to prescribe painkillers for children after they leave the hospital because they fear parents will not give the proper dose. hi, i'm thomas roberts. in the next hour, the big bipartisan super committee fail. who deserves the blame, and what happens now that the nation's fiscal crisis remains unsolved? i'll speak with former labor secretary robert reich. uc-davis's chancellor apologizes for its choice to pepper student protesters. the protesters back but the chancellor may be on the way out. the black 1% and how do they match up against other 1%er? that and much more in the next hour. all right. the way it stand s right now, corporations can donate as much as they wasn't to certain political action committees, and they don't have to tell anybody. the occupy movement has inspired one lawmaker to try to stop that. he's introducing an occupied amendment to the u.s. constitution.

it would ban the use of corporate profits to pay for political ads and certain other activities. these books have no relationship to that. i'm joined now by the congressman, democrat ted deutsche of florida. congressman, thank you for being with us this morning. >> it's great to be with you. >> how would this amendment work? we put it up for a second, but how would it work? >> sure. thanks for having me. the amendment is really very clear. it simply says that corporations are not people under the constitution. they don't have the same rights afforded of natural citizens, and that as a result, corporations cannot spend money in elections. the one thing that's clear about all of the protests around the country, about the frustrations that people have with what happens in washington is that for too long, the corporate interests have been in charge. it's the corporations that have occupied washington. we need to give the government back to the people. >> okay. that's what's inspired you to come up with that amendment. when we look at the supreme

court, this is what you're alluding to with this proposed amendment. january 2010, corporations and unions, because of that decision by the supreme court, can use profits to pay for replied cal political ads. now, your amendment seeks to try to ban corporations specifically from givinging all of this cash as you have intimated. you did not include unions or nonprofits. why does that make sense there? >> well, the one thing that's clear to anyone, whether you've been protesting somewhere in the country or some of the seniors that i represent who can't believe that we have a government that looks to cut medicare and social security first instead of eliminating corporate tax breaks for oil companies, the one thing that's clear is that a for-profit corporation that was formed for the purpose of making money shouldn't be able to spend millions or hundreds of millions of dollars on campaigns. >> why not campaigns, too? >> because nonprofits, what the

amendment does, is it acknowledges that nonprofits, that unions, that individuals, those nonprofits and unions are comprised of individuals. they should be subject to regulation. it should be a reasonable set of campaign finance regulations which right now congress can't pass. so for-profits, it takes the money out altogether. everybody agrees that corporate money shouldn't be in. for nonprofits, unions, any others comprised of individuals, they'll be subject to limit their involvement, limit expenditures. we're trying to get back to a system that's fair for all the people. >> this issue is going to be revisited. shouldn't this issue go through the judicial system since it made it up through the supreme court and was already turned down? >> sure. unfortunately, this is the only option that we have, amending the constitution. citizens united interpreted existing law. their interpretation of the existing law says the corporations have the right to

participate, spend unlimited amounts of money in campaigns. the only way to shut that door, the only way to prevent the court from going further and saying the corporations can give directly to candidates is to amend the constitution so that it's the people who are in charge of their elections and our democracy. >> you are a bold congressman. we've been watching what's happened in washington, d.c., lately. it seems nothing can get through. why do you think this actually may make some progress? >> you know, we introduced this friday late in the day before congress came home for the thanksgiving week. we were going to start talking about it this weekend, but what we've seen on the web over the weekend, what we've seen in the response that we've gotten from people across the political spectrum is that people are tired of what they see as a government that functions more for the special interests and corporate interests than it does for the public interests. there's real momentum. i think that the positive response is going to continue to build. it helps to really further movement and give people

something to focus on that's going to give the government back to the people. >> well, good luck to you, congressman. it is a tough environment, as we've been talking about. ted deutch of florida, appreciate it. today's "tweet of the day" comes from steve martin with his own unique take on the uc-davis scandal. quote, need my turkey sprayed with pepper whom can i turn to?

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pippa's dress, polar bears and penguins. down to the wire for you. now you can own a dress just like pippa's from the royal wedding, that is if you have $3,100 lying around. pippa's dress is now available on the uk version of the site. justin bieber still says he's not the daddy and he's taking a dna test to prove it.

tmz reports bieber took the test friday night. the accuser just has to provide dna from her baby to prove the boy is bieber's as she claims. we've got polar bears for you. migrating in canada. for years only scientists got to see the bears' journey, but thanks to a vehicle called the tundra buggy with a camera, we can all catch a glimpse. more cute animals. nearly 50 penguins rescued to an oil spill off the coast of new zealand were released back into the wild. boy, were they running. each has been tagged with a microclip and will be monitored for the next year. a pine or spruce has lostity luster, look at this. it's a solid gold tree. this tree is pure gold worth $1.95 million. it's 8 feet tall, 26 pounds of glittering precious metal. police are calling this a flash mob robbery. 50 people walked into a convenience store, took what they wanted and left. none had receipts and police are

trying to use surveillance video to i.d. all the suspect. that wraps up "down to the wire." i'm richard lui. thomas roberts is next. [ female announcer ] removing facial hair can be irritating. challenge that. new olay smooth finish facial hair removal duo. first a gentle balm. then the removal cream. effective together with less irritation and as gentle as a feather. new olay hair removal duo. gives you a 50 percent annual bonus. so you earn 50 percent more cash. if you're not satisfied with 50% more cash, send it back! i'll be right here, waiting for it. who wouldn't want more cash? [ insects chirping ] i'll take it. i'll make it rain up in here. [ male announcer ] the new capital one cash rewards card. the card for people who want 50% more cash. what's in your wallet? sorry i'll clean this up. shouldn't have made it rain.

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[ male announcer ] everyone deserves the gift of a pain free holiday. this season, discover aleve. all day pain relief with just two pills. showdown in the granite state. president obama takes his message on jobs to new hampshire, and mitt romney is already pouncing with an open letter to the president and a brand-new ad. super fail, super fallout. the blame game over the super committee's epic collapse heats up. who are the winners and losers and where does the debt debate go from here? americans arrested in egypt as protesters converge on tahrir square for what's being called a million-man sit-in. we take you live to cairo with the very latest in the details. and the pepper spray incident with more than 2 million hits on youtube. uc-davis's chancellor now