states supreme court and the president mischaracterized this citizens united case as opening the floodgates to campaign, corporations buying elections and giving money to candidates the case of course had nothing to do with donations by corporations. it had simply to do with whether or not corporations should continue to enjoy as they have pursuant to laws in this country and cases in this country for many, many decades. first amendment rights to express their views and to pay money for advertising it had nothing to do with corporations contributing directly to candidates. that remains against the federal law. but the president saw an opportunity to throw out a sound bite there to beat up on corporations and to do it directly as the supreme court justices were sitting there in front of them i thought was in bad taste. made worse by what happened next and that is what appeared to be all the democratic members of the senate and the house that were there. stood and they didn't year but through their clapping basically that's what they were doing. looking at and clapping at the supreme court ju

." >> the levees weren't long, the floodgates failed, the canal walls failed. all of which were supposedly built to withstand a much better. >> reporter: for republicans and new orleans, great expectations with many hurdles. i'm candy crowley and this is "state of the union." this morning, we begin with governor haley barber, the man who led the republican party the last time he captured the house and senate. and a close look at the woman who has become the most electrifying. why a major television series about a disaster? all from new orleans. >> reporter: now, the chairman of the republican governor association, haley barber, mississippi. we met him in the patio of a french quarter restaurant, "broussard's." a lot is we have heard is about how good it looks for republicans this november. >> the political environment for republicans this first half of april, 2010, is better than it was the first half of april, 1994, when we won 54 seats in the house, took control of the house, the senate and more than 30 governor ships. >> reporter: are you going to take contr

so i think the floodgates will now open up, dylan. i think that this might be kind of breaking the logjam that we've been looking for. because the response was so enormous. and people get it. it's not that complicated. the securities were complicated. but the whole game isn't that complicated. >> if you were to look at the intention, the reason any kind, whether it's america or anywhere else, simon, has a wall street. has a financial market, as a place where either there is lending originated or investment originated in either people or businesses, how is it the type of gambling that gretchen and yourself and others have been reporting on, go to help with lending or investment? >> of course it doesn't, dylan. you know that. i mean it's fine to have gambling in society, that's why we have las vegas, you can go and gamble and lose your money, for all we care. but gambling with these large amounts of money, gambling in way that when certain bets are paid off, threatens to bring down the financial system, this is not acceptable. i emphasi

but opponents of the law say it's going to open the floodgates to racial profiling.he president of the arizo arizona hispanic republicans. hi, there. how you doing? >> i'm fine. how are you? >> the bill sponsor says the opponents of this law are using racial profiling as a cover for their real concern, which is deportation. what do you make of pearce's assertion that there? >> i think that what pearce did is bring back operation wetback. he brought it back, and now we believe this is alabama in the 1960s. he just shipped us back to the 1960s. and what -- >> no, the analogy there, i've had a lot of people say the same thing on my twitter page. anyway, go ahead. i'm sorry to have interrupted. >> no, i just think that, you know, he trampled on our constitution to -- under the guise of enforcing our laws. and what russell pearce's bill did is it eased the requirements of probable cause. and now, i was born here, i'm a veteran, served my country honorably, i don't feel safe from illegal searches and seizures anymore. >> so do you think that you, what, merely by your appea

for special interests, it's going to open the floodgates for foreign interests. under citizens united, foreign companies with subsidiaries in the united states will be able to use those companies to spend without limit in american elections. as president obama said, american elections should not be bankrolled by foreign entities. can't we all agree on that? and that's why that day, a few hours before president obama stood before the combined houses of congress, i introduced the american elections act, a bill that would close the loopholes in our current laws that allow foreign companies to spend freely in our elections, or that would because of citizens united. now, i'm thrilled to say that the disclose act contains three of these core provisions, of the core provisions of my act, and i'm so thankful to senator schumer for reaching out to work together to include them and for his remarks this morning. he has been a true champion on this issue. so let me summarize these provisions. first, the disclose act bars election spending by companies in which a foreign nati

this seminal moment that loosens the floodgates for johnson to put forward a voting rights act.alama alabama being a scenic, also bloody sunday and constant turmoil by design of the civil rights movement. obama accepted this invitation and quickly thereafter hillary clinton accepted an invitation to calm and they both gave speeches, both very resonant churches and selma. obama in in his case at brown chapel where king spoke all the time. and the speech he gave, unlike the announcement speech where the metaphor was lincoln and the association for all about lincoln and kind of general americanness, this was a speech directed toward almost exclusively to the african-american voters and population, because if he is going to get anywhere in this endeavor, he has got to win some huge proportion of the black vote. and the terms he used were, and these-- this has been in black churches since forever, this metaphor of moses in leading people out of the promised land and people used to call martin luther king when they weren't calling him to live they were also calling him a moses figure.

[applause] this administration has opened the floodgates of providing and promoting support for abortionverseas. the largest part -- the largest abortion provider in america should not be the recipient of federal funding. the time has come to deny all federal funding to planned parenthood of america. [applause] if you are taking notes, that is how we win back america. stay focused. elect a conservative congress. we in the back of the right to govern -- win back the right to govern with a better vision for america. this is our moment. now is the time. it is time to do all that we can to preserve what makes this country great. i say to all of you gathered here, if you can give, give. if you can speak, speak. if you can write, write. and if you can run, run it. [applause] now is the time to do all that we can to win this country back. as you take to that field in the next seven months to freedom's work, know this. you will not fight alone. engraved on at the liberty bell are words of admonition from an ancient text. it reads, "proclaim liberty throughout the land, and unto all the inhabitan

treasury to pay for the consumer protection bureau would set a dangerous precedent that would open the floodgates for other off budget federal spending. the perverse incentives arriving -- arising from the resumption of government banking has encouraged to excessive risk in the housing market. instead of ending too big to fail, they would pass a permanent bailout fund for large financial institutions and it may exacerbate this problem. the senate bill does not provide for final resolution of a fannie mae and freddie mac, despite costing taxpayers $128 billion for no prospect for recovery. -- with no prospect for recovery. they are taking private capital and away from -- away from the private housing market. >> thank you. senator brown back? >> welcome. i would ask my full statement be put into its up the record as testimony. i look forward to your testimony today. we have a giant issues. you are used a large problems. we continue to have them. the fiscal policy in the country is one that must be commented on. with its impact, its possibilities, problems down the road, i get very concerned about t

the seminal moment that loosened the floodgates for johnson to put forward a voting rights act.selma alabama being the scene of also bloody sunday and it just constant turmoil by design of the civil rights movement and every year they reenact this and obama accepted this invitation and quickly thereafter hillary clinton accepted the invitation to come and they both gave speeches both had very president churches in the cellblock. obama in his case brown chapel where king spoke all the time. in a speech he gave on like the announcement where the metaphor was lincoln and the associations were all about lincoln and general american, this was a speech directed toward almost exclusively to the african-american voters and population because if he's going to get anywhere in his endeavor he has to win huge proportions of the black vote. the terms he used were, and this has been in the black churches since forever, this metaphor of moses and leading people out of the promised land and people used to call martin luther king when they were not calling him the law they were calling him a mos

[applause] this administration has opened the floodgate to providing and promoting support for abortion overseas. let me say from my heart, the largest abortion provider in america should not be the largest recipient of federal funding. the time has come to deny any and all federal funding to planned parenthood of america. [applause] if you are taking notes, that is how we win back america. stay focused. elect a conservative congress. win back the right to govern for the better vision of america. this is our moment. now is the time. it is time for us to do all we can to preserve of what makes this country great. i say to all of you gathered here in new orleans, if you can give palm give. if you can give, give. if you can speak, speak. if you can right, right. and if you can run, run it. now is the time to do all that we can to win this country back. as you take to that field in the next seven months to freedom of's work -- to do freedom's work, you will not fight alone. engraved on a delivery fell are the words, "proclaim liberty throughout the land and to all the inhabitants thereof."

of that politically charged decision finally began to recede, the supreme court again opened the floodgates issuing its latest election-related decision in the citizens united case. in citizens united, five justices with the stroke of a pen overturned a century of law to permit corporations to overwhelm and distort the democratic process. in what may be his most powerful dissent, just cities steve -- justice steevessens noted that the courtst ruling threatens to undermine the integ gret of institutions across the nation. the path that is taken will do damage to this institution. i agree with just cities steve innocence both of these dissents. i join him in his concern for the court's reputation. and while it's important -- while i supported his confirmation -- i said before as a very, very junior, very new senator -- i've not always agreed with just cities stevens -- justice stevens. but mice admiration for his service is not based merely on the results of the cases that came before him nor solely on his judgment or his forthrightness. but rather also the manner in which he approached the l

for the consumer financial protection bureau would set a dangerous precedent that would open the floodgatesdie, despite costing taxpayers $128 billion so far with no prospect for any recovery. like walking zombies, fannie and freddie, with their explicit government backing, are frightening most private capital away from re-entering the housing finance. we have a lot of challenges before us. chairman bernanke, i look forward to your testimony. >> thank you. senator brownback. >> thank you, madam chairman. i appreciate it. chairman bernanke, welcome. good to have you here. i'd ask that my full statement be put into the record as if presented. mr. chairman, i really do look forward to your testimony today. seems like to me we've got some giant issues. you're used to large problems to be dealing with, and we continue to have them. it strikes me that the fiscal policy in the country is one that must be commented on, with its impact, its possibilities, problems down the road. i get very concerned about the very real prospect of a government bubble being created. we've come through the dot-com bub