well i'm john berman in washington d.c. and here's what's coming up tonight on the big picture wall street not santorum came out on top of last night's republican primaries how is it that wall street seems to always get its way in american politics also republican primary season drags on well american style washington no more war or coming up tonight in the wrong global rumble and in tonight's daily take we regularly drug companies to the products don't kill us why did reagan's appointee wendy gramm you regulate

financial products letting them kill our economy and those of greece and spain. you need to know this. we did it again. in two closely watched primaries down south tuesday rick santorum pulled off a clean sweep winning both al balla bama and mississippi despite outspending santorum five to one in alabama and the reader want to mississippi romney got third place in both contests and the words his wall street super pac donors were no match for rick santorum is wall street super pac donors newt gingrich fifty finished second in the two states which is own campaign spokesman had said before hand or need to win states to remain a credible candidate but based on his concession speech last night emerged doesn't seem to be going anywhere. we will continue to run

a people's campaign i believe after the primaries are over will be obvious that the so-called front runner in fact didn't get there and from that point on we'll be in a whole new conversation. so much of the republican party sugar in the primary season continues and the establishment's pick mitt romney will have to muddle along for a few more months and wall street billionaires will have to keep duking it out as well although on wall street side they scored a big win last night in alabama republican representative spencer baucus shelled out over a million dollars a lot of it wall street contributions to beat back a republican primary challenger in his home state of alabama keeping his grip on the chairman seat in the house financial services committee baucus has been dogged by ethics investigations of his committee for corruption and alleged insider trading and has been using his leadership position to stop the very wall street reform set to kick in on its banks or buddies this fall and next year congress is

also the guy who infamously told the birmingham news back in two thousand and ten when he found out that he would be wall street's top regulator on capitol hill in washington the view is that the banks are to be regulated and my view is that washington in the regulators are here to serve the banks this is the very definition of regulatory capture so how is it that wall street always seems to get its way in american politics well for one there's the supreme court's citizens united decision which cave wall street free reign to spend unlimited amounts of money in our elections but this wall street takeover really goes back a lot longer and here's the bigger picture to start out with meet ken lay back in one thousand nine hundred two ken lay wanted to make money hustling energy to rivet but it was illegal so the chairwoman of the commodity futures trading commission who had regulatory power over this were appointed by ronald reagan in one thousand nine hundred eighty eight when he was wendy gramm she made us then this is when he

made a special exemption just for enron. six days later she resigned her position as head of the c f.t.c. and five weeks later became a member of the board of directors of enron making millions ken lay's enron men set up over two thousand subsidiary corporations over eight hundred of them offshore in tax havens and begin jacking up the price of electricity especially in california ken lay had a secret meeting with movie actor arnold schwarzenegger and shortly thereafter california was in huge trouble as was its governor gray davis we all know how that played out meanwhile wendy's husband u.s. senator republican senator phil gramm got over a million dollars for his senatorial campaign from enron push legislation in congress to do regulate derivatives so that enron and other bankers like goldman sachs could make billions with a b. in profits within one year after graeme's bill passed in two thousand enron's wholesale revenue quadrupled to over forty forty billion dollars and other banks

are starting to get into the game and runs bets took them down there was no government bailout for enron when they got caught shorting things but wall street banks toure's kept making the same kinds of bets on essentially the same kind of the same kind of products these derivatives and when they crashed in two thousand and eight george w. bush bailed them out and since ken lay and phil and wendy gramm got into the game on behalf of enron wall street bankers have gone from out of salaries to in some cases earning over a billion dollars a year per person is over twenty people on wall street every year make over a billion dollars since then in two thousand and ten the supreme court said these billionaires could begin to buy politicians and little russians with their money as the citizens united decision so with enough money to corrupt congress the banks are set out to do it and on their very own republican candidates for president several wall street bankers are among romney's biggest multimillion dollar plus funders and another wall street guy foster freeze owns ricky santorum this didn't start with citizens united that was the high water mark it really all started with ronald

reagan appointee and wendy gramm had to see f.t.c. and ken lay making her and her husband an offer they couldn't refuse or a group of graeme's are now retired and incredibly incredibly rich in our democracy is unmeasurable or poor. it's wednesday which means it's time for the lone liberal on our panel dr brian darling columnist of human events and director of government studies at the heritage foundation and david mark tasco executive director the daily caller welcome to both you guys and thanks for joining us first of all i'm curious both your takes on santorum is win and what's going on inside the republican party right now and and do you think that santorum is sarah palin the suit and how well the number of people who describe it i think it's pretty clear that rick santorum although we want to big victory on paper i mean he he won in two states even

a school he pushed aside newt gingrich newt gingrich's whole reason to run was because he couldn't win in the south you clearly can't so he is still in the game. well mitt romney he came in third place but if you look at the delegate count thanks to some knowing of law you actually won more delegates than rick santorum so although the media played it up as a big victory for rick santorum actually was a pretty good day for mitt romney here is your take you know i like the momentum that rick santorum has been putting forth lately i don't think it will be enough i think it's pretty clear to everybody that newt gingrich is candidacy is at its last throes and i think it's also very clear that romney will arrive at the convention with more delegates than anybody else the only ballgame left right now is whether or not he'll get to that magic number if he doesn't get to the magic number or eleven forty four yet if he doesn't get to the magic number then even a backbencher gingrich can actually exert some power over what happens and that's why he's saying it he doesn't want to throw away his chips and sort of say that his delegates ok out it will go well for rick santorum it was actually

a member of the of the ron paul staff the other day so the ron paul is staying in part because he will have those chips he will have those markers that he can turn in in exchange for like cabinet positions for his son rand those kinds of things i mean you know is is this you needed. horse trading in politics i assure you that the thing that concerns me frankly much more than the horse trading of politics is the stuff i was talking about that the opening rant and that is that rick santorum would be running if the last or freeze wasn't funding him. and he needed one guy he was already battering at and wall street that's funneling money to the obama administration is in big trouble m.f. global law should be judged of course on what happened with john i don't think john course has given any money to any poll he was before he got into trouble and use one of the biggest donors to obama in the last election cycle was your last johnny b. obama not going to be here right president obama got a lot of money from wall street the last election cycle he's not this time and we saw we saw those who had seven thousand dollars on us mitt romney. we saw that

headline in the new york times you know when he was talking about the past and has a mccain. you know look let's get this thing rolling in and put this guy in charge of the and the banks here's where i mean buyer's remorse on wall street was the headline in the in the york times about you know we're not going to give give money to so we'll see we'll see where this goes any a look let's move along on this it turns out the republicans are giant hypocrites when it comes to spending you guys have to see these two charts let me just with show the marker first of all government spending reagan bush skyrockets government spending clinton flattens out i mean you get a little back toward the end here bush skyrockets obama kind of flattens out even more visible with the second chart here which is this is this is a reagan and bush and bush knows they're all way up here this is the end of the first term to get reelected this is the end of first or government spending increase in government spending this is bill clinton and this is barack obama so

when are you guys republicans going to just come right out and say you know we really believe in government spending like crazy to stimulate the economy make things better toward the end of a presidential first term when there's a guy in the white house is a republican but not when there's a guy who's a democrat i mean. have a look at this is right below that zero percent line right now i think it's fascinating that the house selectively this is presented i see below the bottom of your viewer is going to speak from talking points memo or toilet paper memo twenty how you can see it but they forgot to tell you is who is controlling congress at any one of these structures but the president doesn't spend the money he can propose what he wants and half the time you know when reagan or bush was president the democrats until the congress it was dead on arrival officially they even had dick gephardt at one point had a giant stampede to do your way so us only who would know that so called drama obama had democrats in charge of congress i don't see any increase in spending well there was a little bump there that was the right after his first term in office that was the stimulus bill but i'll agree with you on that but the fact of the matter is and we all know this that if the republicans really or the democrats for that matter

really don't want something to get through they're going to filibuster in the senate and it pretty much doesn't but harry reid's taking the filibuster away that he's actually exercise the nuclear option i want to cater if you want us there is no longer stay with gingrich up there not giving him any credit for all the help the during the clinton years there and they're going here is a house he's going to flatten plant one in there you know so i spend i want to know personally whether this data is based on legislative projections or actual dollars spent to talk about the stimulus proposal or what they said the stimulus proposals or the cost based on the net cost because this same thing only goes through the middle of last q four so we want to see it let's see what was occurring let's keep it ten years yeah it is a terrible president barack obama has run a trillion dollar deficit every single year he's been in office and you can't blame him the bush administration because he signed those bush tax cuts to extend them well you know he was resigning those deficits because ronald reagan and george bush and george bush ran up a ten trillion dollar debt and when you inherited ten trillion dollars debt and the

and you've got a congress that absolutely will not raise taxes on millionaires and billionaires period no way forget it i mean this is this is first year spending spiked over six hundred billion dollars he's the only president our nation's history that has run over a trillion dollar debt in one year and he's done it. three years and you're going to do it again this year if you want to do it and absolutely right absolutely carol and no it's something i did on cross you know that because look at look at one look at what's right eisenhower did you know borrowing money and building the national highway system they look at this is you know when we got when we left world war two our national debt was one hundred twenty seven percent of g.d.p. right now it's not even ninety percent of g.d.p. we have how do we get out of our debt we you know we have we have it now easy we have now the chevy volt to show for it instead of a national interstate highway this is my whole point we have we always try to show any other infrastructure and and we need to be spending more money and with that actually we have the way w. owning a majority got in there are we got to get used to coming up the american people know the nation can't afford another war see why republican chicken hawks so with

this exhibit i don't recall if you go it's more rubble after the break. we just put a picture of the need when i was like nine years old like that to tell the truth. i think that's and i'm an old get of friends that i was grabbing at that is that i'm pretty sure. that he was kind of yesterday. i'm very proud of the role without you see it's playing.

you know sometimes you see a story and it seems so silly you think you understand it and then you glimpse something else and hear see some other part of it and realize that everything you thought you know i'm sorry is a big issue. let's

go back to the rama withinside brian darling this is human events and director of government studies at the heritage foundation and david marr tasco executive director of the daily caller welcome to you both what about the former goldman sachs executive director greg smith and the guy was in charge of selling all the u.s. made derivative products into europe asia and africa resigned yesterday and on his way out wrote a nasty gram to the op ed to the new york times he blew the whistle on what he said

was a toxic and destructive environment within the bank that the banks there's a goldman callously refer clients offered to it routinely refer to them as muppets on a radio show today we played not that music is involved or is all. and the strange here's the strange thing about wall street when pharmaceutical companies make a new drug it takes eight years to get to market because it has to be tested to make sure it's safe and effective used to be that way to take years to a few months but it used to be that way when the commodity futures trading commission oversaw financial instruments that ended as you heard by earlier with wendy gramm in one thousand nine hundred two why don't we go back to saying these things have blown up our country they have literally caused deaths people who were thrown out of work you had divorces you had homicides you had suicides you had people die because they lost their health insurance let's close down was vegas while we're at it well i mean serious i'm not in favor of that because the law is already just the imprint of the nation that doesn't hang on as they get so that the river of trade is just i mean i could have bought shares of rick santorum last week

a bucket made a killing after the last to. better integrate yes there is a place that i remember the let you bet of which in three legs it was the back of the matter is that the u.s. economy is going to crash in trade goes nuts and the u.s. economy did crash when the bankers on wall street went nuts back when reagan came into office thirty twenty five to thirty percent of our total economy was manufacturing now we're down to under ten percent of our economy that are small it's when reagan came into office banking was eight percent of our g.d.p. it was eight percent of our economy and was twenty six percent of our going to that's a problem that's an economy that's really fragile when you don't let banks tears run wild when they hold a quarter of all the dollars in the economy to get sick spanx their own assets equal to two thirds of the g.d.p. one trillion dollars maybe there's a job for this guy in the obama administration because it seems like all the other flunkies from goldman sachs end up either funneling money to the obama administration or working for the obama administration and if we want to see if this obama administration is serious about going after these derivatives companies

and global was run by one of their chief donors john corps i look at you thinking right if you don't question should shouldn't we regulate now everybody is like we did from one nine hundred thirty five vision certainly to the up and we had no do. riveted based crash so we shouldn't regulate them we should we should believe in the free market we should understand that you have people making bad debts they lose money and we shouldn't bail him out of the exit we'll be able to be the bigger question here is this business about this greg smith guy say oh the culture of the company changed the twelve years i was there i don't know about you but anybody who's worked anywhere for twelve years says the culture change the culture change now it's the company didn't change he did he's committed career suicide by writing this piece and reminds me of the old mark twain thing you know when i when i was eighteen i thought my dad was an idiot but by the time i got to be twenty five i was surprised how much the old man learned the environment changed he didn't you know it may well be and odds are he's not going to he's going to a hard time finding a job i agree with you on that a new poll released by the university of maryland yesterday shows that only a quarter of americans favor israel attacking iran twenty five percent of americans

the same poll shows a seventy percent of americans want to continue go she asians rather than having a military op attack then close fifty eight percent of republicans sixty seven percent of the new independents and seventy nine percent of democrats it seems like ten years the longest wars in the history the united states i mean from the revolution today have kind of burned the american public why can't republican lawmakers listen to the america and they're going to give more countries should have nuclear weapons actually i don't think the i agree with how levy the former director of the mossad and meir doug on the former head of israeli intelligence who both went on the record last week to rebut mitt romney's op ed in the washington post so you saying that a nuclear power armed iran does not represent an axis so you want more countries have nuclear weapons you think that will make our world safer when you are going up and i am i'm in favor of nuclear nonproliferation but i don't well wrong with bombing them if you know that line of questioning bryan is like saying deep do you think that you know candy causes cavities so or does well let's start killing

people dressed can doing the same thing everybody is against war nobody wants to see us go to war the country i surely don't want to see is going to work or go to war with another country so they do it so i'll say again i don't want to go to war with anybody but they don't want to see us on that area of the controversy. producing and putting together a nuclear weapon what they're going to do with a date the hard right in iran what we did to what you guys you know about you guys had already gone by the military this was all academic you're missing the back half of the poll you find only twenty five percent of americans were in favor of dropping a bomb anywhere in iraq i prefer at least it. really did it but if at the end of the poll they said so what should america do only thirty four percent of americans said they should counsel israel against tropical but most americans say in theory yeah really not a favorite by the time to listen to and poll questions about the scenarios that they're asked entertain they change their minds this one most important question they ask people in this poll have you ever been to israel you know seeing firsthand from what i hear i haven't been either but a lot of people have been easy being heard so you there i'm seeing firsthand

exactly how dangerous it is it would be like being this close to baltimore having a lot of weapons outside not actually under our mike not at all rand rand is a massive country physically compared to iran in seventy four minute is that it's closer than we're accustomed to seeing or entities in this country are closer and that closeness breeds greater fear and a greater likelihood of the care and that closeness means that the probability of a nuclear attack is zero no country is going to commit suicide or rant there are forty military orders to rational actors they're not rational people well according to the head of mossad and the head of israeli intelligence they are i mean just i'm really trying to believe these headlines would be are i mean there is stifle dissent in their country i mean that doesn't mean that it is rational strong as having the words in the korean new dictator the twenty something dictator yet he just cut a deal to say ok no more nukes no more missiles and what you can't bring inspectors if you want i mean i'm from the government i'm here to help you like what i actually said earlier that he's going to you know if he wants the food he's going to do this of course he believes that our father didn't want prudent i begin to see

our eyes in a rational actors i don't see how you want to think about how after we get a side in syria he's a rational actor and kill everybody in this country that's opposing him that's his way of keeping control that's his rationality you know you can determine somebody who has. anality i mean when george bush said that there's three countries that are evil and we got to take him out he took out iraq and iran and north korea immediately said ok that's it we're getting nukes and they did and they held them off and iran i mean this can't have been missed on the country together because if they had to get ready yesterday the leader of a subset of the quds force said that he got only to say israel has to go across the map which has tried now but he also said that iran will be safe and separate what america is going to these people are not rational actors they're not rational speakers with their actions are very different any of us talk about voter id laws on monday was constant federal judge richard nasty over that state's voter id laws unconstitutional that same day the texas voter id laws are declared unconstitutional the fact is voter id laws do disenfranchise millions of americans

or make it much more difficult for people to vote and the arguments that are used are the same arguments that were used during jim crow we have to protect the integrity of the vote that's almost literally word for word from the kinds of things that were said back in the day jesse helms for example. the so what you know why right do this i challenge republicans any republican to name one person who has been arrested and convicted prosecuted and convicted of politically motivated voter fraud in the united states let me ask you does this make or you know high oh no no one person but i can name six i mean i get outside of e-mail you were talking about the the people the people who are you going to be who fraudulently registered no business here that you don't have all actually entire you know that's not voted for a voter fraud is when you show up in impersonate somebody's name one but let me ask you this when i walk in this building i need a photo id to get in the building when i jump in the car on my way home if i don't have a driver's license with a photo i.d. they're going to lock me up and when i get in a plane or get an attorney to go anywhere i need

a photo id so is that racially discriminatory while you're going to your very middle class white guy you know is that no problem or you're not a part of mexico wants to buy sympathetic i've been disenfranchised that we say you know what if what if you want to buy sudafed what about. about the texas thing is you're basically talking about claims of disenfranchising hispanic americans are you guys are making all these arguments you have as you a russian yet where you this is a have obviously not been well not all a non-problem has us where hispanic americans have to have an id to vote right now the entire country of mexico they've seen that was so you want to base our voting system and i say i'm saying i'm saying we've become a servant of christ and they become a smarter thing that we have in this case you need of you need a theory about why are people who did it because it was ok there is a rational act against my in my group it is my point is this you're more likely to be struck by lightning than to be so willing to say you know what you are the whole a total right the truth is you don't notice you have no idea how many people so that's why saint george bush spent thirty million dollars he had ninety six ninety

five ninety four federal attorneys spent two years looking for anybody who had a politically motivated illegal vote in a big pond that one person he'd be more famous than jeremiah wright right now and that's why it is going to. voting in chicago in louisiana by and large if i criticise levy show me the name it's precisely because you know for sure that you should go out there and make sure so therefore we should not five million people at the voting rolls people who are largely students people who are old enough i think a little later i realized that it's not looking at actions tomorrow they actually there were elections yesterday really and oddly enough down in mississippi where they got a new voter id law they decided not to put in place yet we're going to we're going to suspend it for the republican primary because we don't think is going to happen in public but when the general election comes along and all those urban people who don't own cars on big cities that have an argument about id if you if they choose seven half months and you still can't get a photo i.d. maybe you're too dumb to vote so you are in favor of. voter i.d.'s area

and i think that if you can't find a photo id in this country legally i think the government should pick you up and if they in a drive you took place you can get id so you want to be a government program you know i want to offer i want to have the family welfare of everybody in the country i will. and a local government program favor local stuff i think every every local municipality should insist people are getting photo i.d.'s and if they don't take advantage of it it's their fault i thought conservatives wanted people to have privacy and didn't think that everybody should have to have a government id but anyway last question quick for racked by a bad buy a week of bad press gubernatorial quarter sarah palin had took to her facebook page and challenge president obama to a debate she said i'm more than happy to accept the dubious honor of being brock obama's enemy of the week and debate him on the issues america americans are actually concerned about so we know that she likes to write notes on her hand so what might she write on her hand if she has a debate with president obama could it be a can i call you hussein or b. they want his paper any newspaper or c. to speak in tongues i think i go with the crystal ball is blood type she might

actually need more as time goes on by the way mark levin also challenged him to do a fifty thousand dollar debate so i think obama yeah if you say out that same often i think he would be reading it as he had to get off the stage a big deal and probably would. is this a socialist socialist act i don't know the actress julianne moore's address they're going to parallel the visit after the debate actually had dinner with her. anyhow brian david thank you both thank you thank you for shit. pretty easy alert ever have one of those days where this woman sure has and it was caught on camera when the reporter for a local news station in colorado lost her composure during a monday forecast report stations started to experience a technical difficulties which put the already stressed out reporter over the top

take a look. now this sounds more power to her that he doesn't want anything from i ask yourself. so how do you know how sorry we are actually something plenty of sun setting over the afternoon and i'm asking about how my. wife is happy to. weather reporters for heat out i think we can chalk this up to global weirding but wait but what's going on here so. the mission is three couldn't take three years for charges free. arrangement

free. three stooges free. download free books to live video for your mediocre knowledge and a free media don carty dot com. look. for news today violence is once again fled the flow and these are the images the world has been seeing from the streets of canada . chunks corporations are rooted a clue.