chris dodd tech stringing us along that somehow we would work something out. we never did, and we never had a vote. >> wouldn't there be statements in the congressional record that would document what these two men said, that the rnc could bring out? >> since we never had a debate on the floor of the senate -- there may have been times when we talked about it, and maybe dodd did talk about on the floor, but i am sure most democrats stayed away from it. democrats love fannie and freddie. it is exactly their model of how they would run every aspect of our economy, with an agency that oversees hell every sector of the economy works. that is what they believe in. it is fundamental. they don't believe that free people left to their own desserts is a good thing. they think you need someone on top of you telling you not to be so greedy and how to redistribute the wealth. the president basically condemns capitalism and says people should put their efforts to something good, do something that is really helpful to society. able to create opportunities are misapplying yo

chris dodd thinks we're a bunch of morons. i can't explain it. we normally don't like to plug movies on this show, but the one we're about to show you is an exception. i believe this is how -- the bank executives from aig to goldman sachs brought this nation to the brink, perpetrated this theft and haven't been able to cover it up with government policies that allow them to continue to take our money. >> watching this tsunami coming -- >> they were having massive, private gains and public losses. >> when those dreamed turned out to be nightmares, other people paid for it. >> bear stearns, goldman sachs, lehman brothers, they knew what was happening. >> what do you think about selling securities but your own people think you're trapped. does that bother you? >> is it hypothetical? >> no, this is real. >> charles ferguson, the man behind the film, joins us now in new york. congratulations on the film. were you surprised at how clear the connections were between the banks, the government and amount of money the executives running those banks were ab

we have already heard chris dodd say some other favorable things about this maneuver. >>. >>> iran's president is shrugging off a -- nbc's chief foreign affairs correspondent andrea mitchell got a rare opportunity to sit down for an exclusive interview with president ahmadinejad inside tehran and she joins us this morning. andrea, it was a fascinating interview, what were your impressions? >> well, he is certainly tough and not backing down at all. not backing away from a fight, confronting the united nations and the rest of the world, particularly of course the united states. and saying that the u.n. watch dog agency, the nuclear watch dog agency has no right to force its inspectors or to choose the inspectors to go to iran. this is important because the inspectors that they have kicked out of iran are the two top experts on all of this, the two people best trained to know whether they are in fact hiding some weapons components or some startup for a weapons system rather than a peaceful nuclear program that that claim. talking about his resistance to the sanctions and his view that

this way, i don't have to deal with republicans and chris dodd and other democrats who don't want herhed. does that make sense? >> well, he didn't have to get approval for this position through the senate. actually, the bill itself allowed him to appoint who he wanted to. so, that was kind of an excuse and i don't know why he has to care about chris dodd and outgoing snar with an approval rating that makes dick cheney look superlative. it's a move to try to appease the base, not upset the banks by appointing someone they don't want. i'm told she wanted to be economic adviser to the president. she's a pretty smart cooky and she's in there and hopefully she'll be able to do some good. >> in one splits the baby like o obama. here's a good idea. upset the banks. i don't understand the republican objection to this. she would protect the consumers. i think even right wingers agree to that, so why not make her the director? >> it's politics as usual. you have symptoms in place with checks and balance. as much as the president talks the banks need to loosen up credit, since regulators are say

a key author of the law, senate banking committee chairman chris dodd, called on the team to work together. >> this organization is not intended to be a top down, but rather a collective gathering of equal partners in all of this. and i would expect that no one to hide behind the work of the fed or the treasury, nor to be intimidated by it. >> susie: the group has to write hundreds of rules to put financial reform into place. it holds its first meeting tomorrow. >> tom: the european debt crisis isn't over. spain today lost its triple-a credit rating. moody's downgraded the country on worries about its budget deficit. the credit rating agency says spain must convince financial markets it can pass a budget that cuts the deficit. spain's unemployment rate is 20%, and its economy is predicted to grow at just over 1% next year. meanwhile, ireland is rescuing another failing bank, the second this week. those rescues are pushing the irish budget deficit to nearly a third of its total economy, a record for euro-zone members. meanwhile, stress tests could become common for banks in the european uni

it's that senate seat that chris dodd is vacating. the republican candidate is another candidate with an unusual background that the democrats doesn't propel her into office and they're trying to stop it and keep that seat blue. brian? >> chuck todd at the white house tonight. chuck, thanks. >>> former president jimmy carter doing publicity for his new book "white house diary." it contends americans would have universal health care coverage already and would have had it decades ago were it not for the late senator ted kennedy who often as you may know is called the champion of health care. the two men were archrivals and carter indicates kennedy just didn't want the carter effort to be successful, and "killed the bill." though news accounts from the time show congress was in no mood to pass any big spending bill. we will be talking to the former president next monday. we'll have that interview with jimmy carter for you here monday night. >>> when the '60s were over and the files of that era were finally thrown open, we learned about a

chris dodd, pelosi boxer? she can't be that bad. 234* with the hot christian and out with the nine-term poster. apparently kristine has another problem and you will hear about it a lot. nancy cortez portrayed o'donnell as odd because she crusaded for abstinence and porn in the 90s. she felt when a spouse uses porn it compromises his purity. terrible. it is easy to laugh at. how can you believe in abstinence? how can you fight something as ubiquitous as porn? it is everywhere. is it really that weird to say porn screws up relationships? everyone over 30 knows that. you don't need religion to reach that conclusion, just a right hand. if you believe porn is harmless, you have clearly only dabbled in it. when open browsers meet open trousers we turn into a nation of masterbaters. we are hooked up to con constant gratification churned out bily jenz of moms, sisters and daughters, and we laugh at o'donnell? but then again in the 90s i owned a fan thong. and it -- a fan -- flannel thong and it itched. >>> jill, it is

the president had praise for chris dodd and barney frank.hink a lot of people blame them for not pushing for oversight. this is president obama moments ago. people were quote, deceived in taking out mortgages they couldn't afford. people were deceived into doing that. now under elizabeth warren we will have no more abuse, abuse by unskrup pew lust -- unscrupulous mortgage lenders. so it's all the evil mortgage giants that made us take out loans we couldn't afford. >> reporter: it was never your fault. it was never you who failed to understand what you were getting into. you were always bamboozled. that's why we are in the mess. we are going to straighten it out. you can't do that. a mortgage is of complex understanding. a credit card in the future a complex thing. you can't reduce it to a couple of sentences on a plain sheet of paper, you cannot do that. and if you try to do that the lawyers will come along and pick holes in you, the bank or broker responsible for any loss incurred by any client. that's why wall street hates this thing. you'

he'll join connecticut senator chris dodd in urging congress to pass new legislation.would push states to adopt new driver licensing laws for teens across the country. >> i hope to accomplish for everyone to hear my story as well as others and to get the standup act passed. >> reporter: motor vehicle crashes are the number one killer of american teens. according to federal officials, advocates say if the proposal becomes law, nearly 4,000 teen lives could be saved every year. under the standup act, drivers would have to be 16 to get a permit and 18 for a full license. teens would have to be supervised while driving at night until they are 18. cell phone use would be strictly prohibited while behind the wheel and teen drivers would be allowed only one friend in the car under 21. jim portel is convinced if the law was in place eight years ago his daughter would still be alive. >> i think the driver in the car she was with was distracted. there were so many kids in the car. their cell phones were all over the ground. >> reporter: and it isn't just drivers and passengers.

. >> you mean like chris dodd? >> absolutely.h, absolutely. >> fannie mae and freddie mac and things like that. >> i agree with that. that was not genuine government smart policy. i agree with that critique. >> spitzer advice, spend more. >> what you're saying simply doesn't work. >> good to have you on, thanks very much. >>> a quick reminder, don't miss "parker spitzer" 8:00 eastern time october 4th every weekday thereafter until the competition cries uncle, i guess. >>> one thing to keep an eye on potential terrorists but another to conduct surveillance on ordinary americans. >>> plus bp back on the hot seat, tony hayward grilled in london, insisting short cuts were not taken to save money. back in a moment. but then autoblog.com calls your interior lexus quiet. and automobile magazine goes comparing you to a cadillac. ♪ so much for the new kid fitting in with the rest of the class. the all new chevrolet cruze. starting under $17,000. get used to more. ♪ >>> i don't know if you've seen these pictures, that looks like a gravel r

chris dodd, the connecticut democrat, the chairman of the senate banking committee says, look, it's essential. he supports elizabeth warren, but it's essential she be appointed or nominated through the usual process, or someone should be. it could leave the entire bureau in jeopardy without the teeth necessary to really go after the people it's designed to go after at this new agency, the consumer financial protection bureau. >> it's a mouthful. tim geithner has not spoken yet, correct? has not given his reaction? >> no, we have not heard from tim geithner. let's go ahead and assume he'll be supportive, yes. >> also, we have press secretary robert gibbs who is going to be talking at 1:15. >>> new developments to talk about in chile. government officials say the bore hole that has reached the 32 miners trapped underground, but they caution rescuing the men is still weeks away. they still have to widen the hole so the minerscan be pulled through it. >>> now the latest on a story that gained worldwide condition last month. bethany of vancouver, washington, said a complete stranger threw acid in

he will join connecticut senator chris dodd in urging congress to pass new legislation.d push states to adopt new driver licensing laws for teens across the country. >> i just hope that everybody can hear my story as well as others and to get the stand-up act passed. >> reporter: motor vehicle crashes are the number one killer of american teenagers. according to federal officials, if the proposal becomes law more than 4,000 teen lives could be saved every year. under the stand-up act, drivers would have to be 16 to get a permit and 18 for a full license. teens would have to be supervised while driving at night until 18. cell phone use prohibited while behind the wheel and teen drivers would be allowed only one friend in the car under 21. jim is convinced if this law was in place eight years ago, his daughter would still be alive. >> i think the driver in that car that she was with was distracted. there were so many kids in the car. their cell phones were all over the ground. >> reporter: and it isn't just drivers and passengers. advocates say the stand-up act could save

of the person to my right, secretary of treasury geithner, as well as leaders in congress like chris doddcy will soon become a reality. the consumer financial protection bureau, which was one of the central aspects of financial reform, will empower all americans with a clear and concise information they need to make the best choices, the best financial decisions, for them and their families. never again will folks be confused or misled by the pages of barely understandable fine print that you find in agreements for credit cards or mortgages or student loan. the bureau's going to crack down on the abusive practices of unscrupulous morage lenders and reinforce the new credit card law we passed banning unfair rate hikes and ensure folks aren't caught by overdraft fees when they sign up for a checking account. it will give students who take out college loans clear information and make sure that lenders don't game the system, and it will ensure that every american receives a free credit score if denied a loan or insurance because of that score. basically, the consumer financial protection bure

. >> you mean like chris dodd? >> absolutely.eah, absolutely. >> fannie mae and freddie mac and things like that. >> i agree with that. that was not genuine government smart policy. i agree with that critique. >> spitzer advice to democrats, spend more. i love it. >> no, no, it's not spending, it's -- what you're saying simply doesn't work. >> i hope that narrative keeps on going. >> good to have you on, thanks very much. >>> a quick reminder, don't miss "parker/spitzer" 8:00 eastern time october 4th every weekday thereafter until the competition cries uncle, i guess. still ahead, revelation that has pennsylvania's governor fuming, one thing to keep an eye on potential terrorists, but another to conduct surveillance on ordinary americans. we'll tell you what this is all about and fallout that's followed. >>> plus bp back on the hot seat, tony hayward grilled in london, insisting shortcuts were not taken to save money. back in a moment.wh wants to gto e to gto e and everyone who started college but never finished... to late bloome

barrier to doing that would be the special interests control the primary system to protect the chris dodds judd greggs and all the center piece power politicians who never really have a primary challenge, correct, just protecting themselves at our expense am i missing something? >> no you are no the people in power now like the system the way it is bus that's what keeps nominating them. barbara boxer, you know, i tried. unless you have a few million dollars, you are not going to make a dent in the democratic party monopoly. they wouldn't let me speak. the press doesn't give you free media. it is just very hard to crack. >> if you were able to walk nat room like the san francisco chronicle did with their editorial, toss barbara boxer toss carly fiorina we demand new candidates, new debate, then a candidate like yourself becomes far more viable, no? >> the second round. problem is nobody knows what i am, but they know what redo is, reset is play again, and so if, you know, that wins, then it's like the schwarzenegger election, 150 new candidates and pick the one we want. >> interesting comme

would have gone with john kerry back in his days of sin e singledom but it was connecticut senator chris doddt one time was a legend. let's leave it there. >>> coming up, tea, taxes and the midterm elections. how did this week's primary wins change the landscape, 2010, 2012. the weekly radar with washington veteran, retiring democratic senator evan bayh. >>> coming up this sunday on "meet the press" david gregory is live with form el president bill clinton and former secretary of state colin powell. that's this sunday on "meet the press. ". >>> we'll do the white house soup of the day. a common friday offering, cajun gumbo. >> you say that almost disparagingly. i'll be honest, gumbo is something i wouldn't mind a couple of times a week. >> there's certainly at the white house mess. >> that's right. >> be right back. words alone aren't enough. my job is to listen to the needs and frustrations of the shrimpers and fishermen, hotel or restaurant workers who lost their jobs to the spill. i'm iris cross. bp has taken full responsibility for the clean up in the gulf and that includes keeping you in

bloom blumenthol replacing the chris dodd in the senate. her husband created wwe. so, what we have, pardon me in connecticut now is a smackdown. six points separate the two in the latest poll. this linda mcmahon has spent $21 million of her own considerable fortune and said she will spend $50 million. so, any visit by the president. $1,000 a plate in stanford is going to be welcomed by william blumenthal and the president will go to greenwich, connecticut. he will have a behind-the-scenes fund-raiser before returning to washington tonight, thomas. >> pricier than $30,000 a couple? >> pricier than $1,000 a plate. >> oh, gotcha. >> 30,400 is the limit. it's a quirky upper most limit that you see is the top price for most of these fund-raisers. >> i'm not going to go to any of those. mike, thanks so much. >>> the california governor's race is getting so expensive that it's shattering new records. meg whitman former ebay executive has spent $119 million of her own money to fund her campaign. that's more money than any other american political c

. >> thank you, chris dodd. how is it that we ultimately make it a distinction and avoid the train wreck that it would be a political and media-based class warfare, rich versus poor which is really where we've been forced into by both republicans and democrats in the political debate in my view, and switch from the class warfare to the culture war -- between those who compete and those who would cheat? >> yeah. i mean why -- look, we poured gasoline on that fire by bailing out all these wall street investment banks. people made a lot of money gaming the system. they made all the bad risky bets. when the bets went sour, we bailed them out by taking money away from main street. and if you're talking about this younger generation, you know, will is absolutely no way that the government can keep the promises that were made to the baby boom with respect to social security and medicare and finance that by taxing the younger generation. they are not going to stand for it. they're either going to revolt or they're going

to help a very prominent democrat there, richard blumenthal who is looking to fill the seat of chris doddcs for four decades and president obama carried connecticut by an overwhelming majority twoo years ago but this year, this election, blumenthal has slipped in the polls. new survey shows him six points ahead. that's down from a 10 point lead earlier. he's run against republican and former wrestling executive linda mcmahan pumping millions of hers dollars into this tight race to help blumenthal. the president will attend a flashy fundraiser today and happens to be in enemy territory, the same gated community where linda mcmahan lives. she's promised to spend $0,000,000 in win the race. campaign officials say they probably can't match that. president obama's appearance in connecticut today, of course, will help on the money front. mcmahan has outspent blumenthal 16-1. back to you guys. >> that's a lot of money. all right. thank you very much. let's deal in michelle malkin who joins us every week at this time. good morning to you. >> good morning, steve. >> hey, what do you make of this i

served on the senate banking committee and i voted for a package of reforms over the objections of chris dodd and the democrats, of party-line vote. we put together package that address this issue, they put limits on what fannie and freddie could do, try to make sure that if we over expose ourselves in this mortgage -- some prime mortgages, and we pass that in the senate, that passed the bill in the house, the present was ready to sign, the democrats filibustered it. every single one of them, including barack obama. and now they say as wall street's fall. certainly wall street has some blame. they responded to the game the the government's set. the government put the pieces into place and they simply took advantage and exceeded the it manager on what the government -- i don't think he understood the bill. he was very much for it. but we could not even get a vote. the big mistake we made in my opinion, and i push this with my leadership, but i did not win. that happened a lot, unfortunately. from my perspective. i push to bring the bill up and actually make them vote to kill it. but there was

chris dodd, richardson, all those guys trailed behind. that was the sign that this was going to be a major-change election. one thing i think that people do not appreciate is a big chunk of the tea party motivation is a delayed backlash against the bush administration which feeds into this narrative. it is a libertarian case about how there was more continuity between hoover and fdr then there was a break. a lot of people on the right, whether they were correct or not, believe there was more connection between compassionate conservatism and changes can believe in -- changed you can believe in. the argument is that it is hard to disentangle because many on the left are so deeply invested in proving that the keynesian theory of how to get out of this thing is correct. their argument will be, whenever lobbyists have this maxim that when it rains -- you can take credit -- eventually the economy will turn around. they will say, see? the stiumu -- stimulus worked. until the data becomes irrefutable, you will hear and not -- you'll hear a lot of

but someone like chris dodd, byron dorgen meeting. if chris jones leave, does tom donland go over there? >> there's a tough calculation. where the white house has made mistakes is they're too insular. the more ips lar than we were in the clinton days. go outside, pick somebody new. yet, this is a president that's going to make a choice. the republicans are going to gain seats. we know that. how many are they going to control? we don't know. he has to deal with a more conservative congress as he gears up. the chief of staff is the gate, the bridge between both worlds, dealing with the congress, getting ready for the campaign. that's a very different skill set. you need talented, political personal. >> or you could have a combo platter. you could have somebody from the outside be the chief of staff and have a deputy chief of staff who is somebody -- who is very close to this -- >> he's more of a political strategist. >> ran the campaign very organized, focused, bring him to the white house. but, again, everybody i talked to said comfort

. >> what about chris dodd who questions whether she has legitimacy, because she has not been throughn agency with some teeth now? >> she realize nos doubt that the shadows on capitol hill will follow her. she has the tools necessary, and she says if you read the law ca carefully it will give the treasury department the power to create this agency. and she says, give us the director or nomination, or wait until next year after the election as far as away as june or july. and i asked her, what if the president moved quickly, and she said, well, i have to wait and see. that is what senator dodd is upset about, if the president de facto created this job. >> you asked her about the bankers who like her and don't like her, and wall street has been made the bad guy in this scenario, and does this work for the president politically in favor to have somebody go after those banks or, does this potentially set up a time when he needs to call a truce with wall street? >> it could work both ways. a lot of the cynics say that the left was clamoring for elizabeth warren and the president needs to e

of the person to my right, secretary of treasury geithner, as well as leaders in congress, like chris dodd and barney frank, that agency will soon become a reality. the consumer financial protection bureau, which was one of the central aspects of financial reform, will empower all americans with the clear and concise information they need to make the best choices, the best financial decisions, for them and their families. never again will folks be confused or misled by the pages of barely understandable fine print that you find in agreements for credit cards or mortgages or student loans. the bureau is going to crack down on the abusive practices of unscrupulous mortgage lenders. it will reinforce the new credit card law that we passed, banning unfair rate hikes, and ensure that folks aren't unwittingly caught by overdraft fees when they sign up for a checking account. it will give students who take out college loans, clear information and make sure that lenders don't game the system. and it will ensure that every american receives a free credit score if they are denied a loan or insurance

is barney frank actually vulnerable here especially since many americans blame him and chris dodd for forcing lenders to make risky subprime mortgages to trigger the financial crisis and ensuing recession? >> clearly the strategy of the democratic party is deciding what they want to do with bill clinton. he reminds people about welfare reform about lower taxes that occurred under his watch with a republican congress. i'm sure that the democrats needed to put bill clinton that is willing to do this to make a difference. the idea he would be called to help barney frank who is always been a solid democratic seat tells me that there is a tidal wave that we have to go out and preserve frank's seat. >> rich masters, as unpopular as president obama is right now based on those poll numbers, vice president joe biden's approval rating, worse. yet, he is stumping for a candidate in florida, a couple of candidates. given biden's inpopularity and the fact that many seniors in florida are angry about losing their medicare advantage under the new health care law, is it wise to have him standing next

chris dodd is not running for re-election this year.main attraction for a fund-raiser for the democratic national committee. maybe a million dollars will be brought in at that dinner. mitt romney, the former massachusetts governor endorsing the winner of the primaries in new hampshire on tuesday and contributing about $40,000 from his political action committee. he has a house in new hampshire and has been helpful to the new hampshire republican party. he says this is about helping fellow republicans win in november. he ran for the presidency in 2008. so let's be honest, maybe this has to do with 2012, kyra. >> i think so. your next political update in about an hour. go to our website for all of the political news. >>> mahmoud ahmadinejad says there is no hate between muslims and americans. he talked about the controversy surrounding a former plan by a florida pastor to burn korans. take a listen. >> translator: we believe that there is a minority in the united states and they are designists. they believe in no religion. >> there are je

republicans hope to pick off the seat right now held by chris dodd, the democrat.ghts of the democratic national committee. the democratic national committee already has a television ad on air attacking john boehner and are going up with a second ad. let's listen to it. >> this november, john boehner wants to welcome you to boehner-land. get in the door for 37,000, jet across the country with lobbyists, pass out campaign checks from big tobacco on the house floor. >> reporter: there you are, tony. who is john boehner, a lot of people asking? he's the house republican leader. democrats are trying to villainize him and say he is too cozy with washington, and too cozy with lobbyists and doesn't care about working americans. democrats are trying to villainize him much like the republicans are trying to villainize nancy pelosi. this is your road map to the midterm elections. michelle bach man say she is the next sarah palin, a congresswoman from minnesota, raising lots of money, raising her national profile. she is in the cross hairs of democrats as well. there is a sta

it's chris dodd's seat.un for re-election and keeping a close eye on that race and a bunch of others. back to you. >> paul, thanks. your next update in an hour and reminder for latest political news go to cnnpolitics.com. >>> all right. let's head cross country this morning first to nashville with a reopening of grand ole opri. about a dozen artists to perform. >>> in wisconsin, floodwaters peaking again this morning. the governor declared a state of emergency where the wisconsin river is at an all-time high. officials say at least a 100 homes are in danger. >>> in california, pg&e, operator of the pipeline that exploded this month, reported that gas leaks, six times -- reported gas leaks six times a national average, rather. pg&e actually reported dozens of leaks in transmission lines near highly populated or environmentally sensitive areas since 2004. >>> makers of a sweet treat haven't playing pretty fair with us. ben & jerry's ice cream isn't all natural like we all thought. we'll read the fine print for

bring in chairman the doteli and robert hoops, advisor to senator biden and chris dodd.s for a reason. that is that the winner moves on to the general election and the loser hopefully supports the party nominee. joe miller won the primary and as such he will get support of most republicans i know of. it's difficult to do a write-in vote, educating the voters in that regard. most republicans will support joe miller. >> robert, do you agree with that? strom thurmond was the last time a senator was elected as a write-in? >> yeah. three criteria you need for an effective write-in campaign. name recognition, money and conducive environment. the senator has all three in alaska in her favor. everybody knows who she is, she is capable of raising money and the environment is in her favor. people have woken up and are surprised even in action at the extreme positions of miller. so that race, the florida race, where a tea party candidate forced republican candidate in a third party candidacy. are interesting and as frank said, not ideal for the republican party. >> eric: you know,

but there are top democrats like chris dodd who are not quite as happy.interim role. they'd rather see the president get forward with somebody who will permanently run the bureau and white house aides say you'll see that soon, as well. but elizabeth warren rolled out tomorrow. >> last thing and i have to ask you to do this in about 30 seconds for me. this first lady flap? >> reporter: there is this new book out claiming that about ca br that might be smell obama told her life in the white house is hell. the french embassy put out a statement saying that's nonsense. and we just got a comment from the first lady spokeswoman saying this never happened. she never said life in the white house is hell. but this is the kind of thing that ricochets out there. they're doing all they can to tamp it down and say nonsense. >> it's kind of like what you have me, working at the white house is hell. >> reporter: it's a nice place to be. i can't imagine it's hell. >> ed, good to see you as always. >>> drawing a line to live by. how much do you need to make? the answer is

but today the chairman of the senate banking committee chris dodd said no way, don't do it that way.itutional support for her and if you do it that way you, quote, could gut this before it even gets off the ground. back out on the campaign trail, you know we've got this hot race in delaware between an insurgent candidate and an incumbent congressman, mike castle. today our dana bash caught up with the man who heads the senate campaign committee and he made it very clear this race is the linchpin for them to take control of the senate and senate john cornyn also said that if she won whereby if christine o'donnell wins, then he would, quote, have to have a pow wow about whether the campaign committee would actually fund her candidacy against the democrat. so that's a big deal, ali. >> gloria, thank you so much for that. glad you guys are on top of it. thank you for starting off with an economic issue for me. gloria borger in washington. >>> ed henry is -- is he there or is he coming? oh, okay. you're not standing next to gloria. this is all very confusing keeping track of you. >> repor

now, moderates in the president's own party, like chris dodd, they are saying the president should nominate a director fast so it doesn't look like he is skirting the senate approval process. eventually, the president going to have to name warn, which will upset one side, or not name warn which will upset progressives it looks like he has kicked that can down the road but it will be a fight someday. >> saying progressives, meaning liberals out there who support her and really want herd to be formally nominated? >> yes, ma'am. >> thanks very much, jessica, for that. >>> a doctor shot inside one of the most prestigious hospitals in the nation, one of our top stories. and you will find out why former president jimmy carter is pointing a direct finger of blame at the late senator ted kennedy. stay with us. you are "the situation room." announcer: naturals from delicious, real ingredients with no artificial flavors or preservatives. naturals from purina cat chow. share a better life. >>> let's go to jack. he has got "the cafferty file" right now. jack? >> most americans, wolf, think united state

i don't think rahm knew washington the way tom daschle knew washington or chris dodd.ars. lawrence o'donnell. lawrence was predicting what would happen in the health care bill every step of the way. he worked for morny h nynihan i. you've seen somebody like me come in in '94 and everybody sets their hair on fire. it goes this way, comes back that way. we have to work with the republicans because we disagree with them. at some point the tide will turn again. >> this is what you do, the art of legislation. people would be very surprised to know we have been having bipartisan meetings these last two years with lamarr alexander, tom harkin and myself and john kline and the secretary of education and all through august to put together a bipartisan response to the rewrite of the education law. this has been ongoing and everybody has been kept in the game here. tremendous transportati tremendous progress has been made over the life of this legislation and ready to go next year. most people think that is impossible, it's possible and takes a lot of knowledge. >> a lot of peopl

2007, was also the day that barney frank took over as chairman of the house financial services and chris dodd as senator took over the senate banking committee as chairman. over and over, the bush administration had asked congress to stop fannie mae and freddie mac, to reen it in, and to -- to rein it in, and two republicans, -- and to republicans' dismay and dishonor, it was not done. certainly the democratic friends across the aisle were objecting. the man who was to become chairman, barney frank, was objecting, of course we've seen the speech where he said no, they were fine, in essence. they were not fine. they were in big trouble. and nothing was done. it should have been. if we look back and find that fannie mae and freddie mac, they weren't sitting dormantly on the side, oh, no, they were actively involved in politics. if you look at the period as open secrets did from 1989 to 2008, to find out who gained the most in political contributions during that period, from fannie mae and freddie mac as they sought to try to entrench their future. the second highest amount of contributions from

running as a business woman and blumenthal is the gentleman who stepped in after long-time senator chris dodd re-election. blumenthal expected to sail to re-election to win the seat and mcmahon is a formidable candidate and this poll showing in two weeks that the race tightened from six points down to three. three points is within the margin of error. >> deep pockets for campaigning, no question about this. >> $50 million pledged to spend on the race. >> all right. mark preston, thanks so much. reminder for the latest political news gorks to cnnpolitics.com. >>> coming up on the most news in the morning. soldier story. patrolling in afghanistan. jason carroll gets a front row seat to the dangerous travel coming up next. what's her advantage? it's speedy alka-seltzer. alka-seltzer plus. rushes relief for all-over, achy colds. the official cold medicine of the u.s. ski team. alka-seltzer plus. >>> welcome back to the most news in the morning. it is an a.m. original now. we are following the story of army sergeant first class randy schroeder that returned to afghanistan. it is his actually third

i thought he should follow the chris dodd line and retire and the seat would be available. that was certainly wrong and i think he has a fantastic chance at this stage. that is a factor that has to do with the tea party on two fronts. we know that sharon engel was able to get the primary for the republicans and there is a tea party candidate who is qualified in nevada. those factors are putting our read in a position where he is in a in excellent position of winning. as the pots are my -- leave nevada voters are not likely to move to the extreme if they vote for his opponents. the issues of medicare and the others are far to the right. host: you hold a law degree from columbia university and a master's in public policy and a b.a. in physical science. our first discussion this morning was about it college pays off. guest: i had a lot of college. in this economy, it is roth to take on student loan debt. 62% of the jobs available require more than a high-school education. that in itself that is the question. host: how did you get into this line of work? guest: i started workin

that cop won't be warren and connecticut senator chris dodd says there is still a senate confirmationvisory capacity which is fine. but pursuing the nominee to run the place. >> dodd says warren is qualified but didn't think she could be confirmed. he warned the president against sending her off as an interim or recess appointment. brian? >> thank you very much, wendell. sure give us a lot to talk about now. thanks, that's wendell at the white house. 2 minutes after the top of the hour. >> guy with a mustache just joined us on the couch. oh, it's him. >> geraldo rivera. >> good morning, everybody. >> great to have you. nancy pelosi yesterday queried about whether or not, everybody knows that the middle class tax cuts from the bush era are going to remain in effect. she was asked about what about the ones for the most successful people in america? here's what she had to say about that. >> only thing i can tell you is the tax cuts for the middle class will be extended in this congress and without getting into procedure and timing and process, what we're going to do is to say that the en

chris dodd, barney frank and their crew mandated loans that people simply could not afford.ney we don't have a small version of the government not doing it. >> you i feel like we've been on i.o.u.'s forever. if the money is there, take it. that's how it's been. >> you have to look at the roots of the tree and the roots of the tree was forcing banks to make loans they shouldn't have made. the problem is -- >> the economy that you have to straighten out. if we don't straighten that out, all the others will fall into place, housing, etc. >> i think when people determine how much they should spend, they need to look at where the economy is going to be five years from now rather than just looking at the current situation in order to determine the correct income. >> the government only spent out of their means because they had to bail people out. people were spending recklessly. that was people's problem. government only helped that. >> let me ask you, the bailout, the government bailouts, who supported the bailouts? raise your hands if you supported. it one, two, three of you. wh

obama won, edwards came in second, hillary third and then all the old dinosaur coming in though, chris doddnd richards fan and all those guys trailed up behind. and i was assigned this is going to be a major change election. and one of the things i think people don't appreciate is a big chunk of the tea parties motivations is a delayed backlash against the bush administration. and it feeds into this narrative, you know in a way sort of the libertarian case about how there was more continuity between hoover and fdr then there was a break. there's a lot of people on the right, whether they're correct or not is a different debate to believe there is more continuity during compassionate conservatism and change you can believe in. and when they want to say to hell with all of that. i think it into the question about the argument on the left, it is very hard to disentangle that stuff right now he can so many people musters it deeply, deeply invested in proving that the keynesian theory of how to get out of this thing is perfect. in their argument will be, you know, whenever a lobbyist and in wash

person to my right, secretary of the treasury geithner, as well as leaders of the congress like chris doddk, that agency will soon become a reality. the consumer financial protection bureau will empower all americans with a clear and concise -- with the clear and concise information they need to make the best financial decisions for them and their families. never again will people be confused or misled by barely understandable fine print on agreements for credit cards, mortgages, or a student loans. the bureau will crack down on unscrupulous practices. it will reinforce the new credit card law that we passed and ensure that folks are not unwittingly caught by overdraft fees. it will give students who take out college loans clear information and make sure that lenders do not drain the system. it will ensure that every american will be given a free credit score if they are denied a loan. basically, the consumer financial protection bureau will be a watchdog for the american people. it will be charged with enforcing the toughest financial protections in history. getting this agency all of the

of the person to my right, secretary of treasury geithner, as well as leaders in congress like chris dodd and barney frank, that agency will soon become reality. the consumer financial protection bureau, which is one of the central aspects of financial reform, will empower all americans with clear and concise information they need to make the best choices -- the best financial decisions for them and their families. never again will folks be confused or misled by pages of barely understandable fine print which you find in agreements for credit cards or mortgages or student loans. the bureau is going to crack down on the use of practices of unscrupulous mortgage lenders. it will reinforce the new credit card law that was passed banning unfair rate hikes and ensure that folks are not unwittingly caught by overdraft fees when they sign up for a checking account. it will give students who take out college loans clear information and make sure that lenders do not undermine the system. it will ensure that every american receives a free credit score if they are denied alone insurance.an or it is

the things to her efforts as well as the person to my right, as well as leaders in congress like chris dodd consumer financial protection bureau is one of the essential aspects of financial reform. it will empower all americans with a clear and concise information source to make the best financial decisions for their families. never again will people be confused or misled by barely understandable fine print the bureau will crack down on abusive practices and it will reinforce the new credit card lot the past that bans unfair break ranks and it will -- unfair rate hikes and it will give students that takeout college loans and make sure that every american receives a free credit score if they are denied a loan or insurance because of that score. the consumer financial protection bureau will be a watchdog for the american consumer. charged with enforcing the toughest financial protections in history. getting this agency off the ground will be an enormously important task, a task that cannot wait. that task is something that i have asked elizabeth to take on. secretary geithner and i agree that

frank-dodd, dodd-frank, i think frank would like that, chris. >> let's see how it works. >> i apologize, dodd-frank, i don't think it's going to work. with the spluss bank bailouts, obamacare, and now according to the chairman, dodd-frank, the democratic majority is clearly articulated its vision for the future, more government, higher taxes, and greater control over the economy. for millions of americans, however, the democrats' vision has produced an unfortunate reality, higher unemployment, less access to credit, and trillions of dollars of government debt on the shoulders of our children and our grandchildren. today we will examine the implementation of one of these bills, the recently enacted legislation known here as dodd-frank. rather than address the core issues that produced the financial crisis, i believe that dodd-frank legislation adheres to the warnout washington theory that more is better, more regulation, more agencies, more bureaucrats, and more spending. to make matters worse, the bill is delegated to the bureaucrats, the authorities that devised dozens if not hundreds