lobbyists, as well-paid lobbiests. they received money from jp mar -- jp morgan, chase, and since 2000, the finance energy spent $4 billion trying to influence the direction of congress through lobbying and elections. the ten biggest contributors, the first is club for growth. thars a group that advocates low taxes for the rich, corporations, and cuts to social spending, cuts to the social safety net. a lot of candidates are now called tea party candidates because they were co-oped by the republican party. we're facing up to that. we're not going to let the democrat front groups co-op that movement. we're going to stay independent. we are not co-oped. you won't see them called occupy democrats. that's not going to happen. the club for growth candidates are tea party candidates. other donors, goldman sachs,

he was the ultimate lobbiest, commanding attention of congress and business leaders until he wound upon. today he is a free man out with a new book called capitol punishment the hard truth about washington corruption from america's most notorious lob jestiest thank -- -- lobbiest thanks for being here. >>> are you the most notorious. >> top five. notorious is one of the safer ones i could use some other ones i put on the back of the book but not on the front. >>> the hard truth about washington corruption when did you learn that hard truth about washington corruption? >> i was engaged in it, i was enmeshed in the system, and eventually, when my career ended and i started to look at what i did, who i was and what i was involved in i started to analyze differently than when i was involved in it and started to realize, it is based in a corrupt system. >> talk a little bit about your dealings with this culture. you mention in the book, you talk about the first time that you realized, that these things would happen, when it came to -- you made a reference of trying to place a military faci

you were not a lobbiest for them? >> i have never ban lobbiest for anybody. my contracts exclude me from lobbying. i refuse to go back to capitol hill as a lobbiest. i try to give them advice on how to solve their concerns. >> you gave advice to presidentdy mac and they did -- to fredly mac and they did not take it? >> that's correct. but there's a confidentiality agreement there i can't go into detail with. but i never did any lobbying for anyone in the years i was out of office. >> thanks for being with us and congratulations on your poll numbers. >> thank you. >> we will watch and wait as we assume the new attack watch begins. thanks for being with us. >> take care. >> and coming up, well, he's done it again, president obama finds another way to insult you, the american people. and why he believes we've been a little lazy the last few decades. the democrats have been praising the occupy wallstreet proest iters but what will they say now that lawlessness is in the camps? that's next. flush. >> over the weekend during the apec business summit our fearless pr

the one time powerful dc lobbiest spoke those words earlier today on fox 5 morning news he was here to talk about his new book which details his former life influencing those on capitol hill. steve chenevey asked him about the belief he formed by hind bars, lobbying of any kind amounts to bribery. >>> i think when you thing about bribes, one things about showing up at an office, with a sack of cash lobbying a congressman if you vote for x i will give you this sack of cash but the truth is any provision of any gratuity, any favour any gift of any kind to a public servant to get them to do something, with their power and position is a bribe. >> he also talks about the black hat and trench coat he dawned coming out of court back in 2006 he calls it a wardrobe malfunction but says he wore the hat especially to stay dry from the rain that day. >>> all right alison thank you very much speaking of that kind of thing do members of congress get to play by different rules from the rest of us when it comes to their financial deals, there is big buzz about a news report saying that they use inform

. >> reporter: the other come complaining about cain is now working as a registered lobbiest in new jerseysaying he recalls having after work drinks with her and other employees of the restaurant association. >> she was in some of those group activities but it was never she and i alone or anything like that. >> reporter: but the incident which took place at a restaurant in crystal city, virginia, was much more serious, according to a former pollster for the restaurant association. chris wilson, from oklahoma, now a supporter of governor perry, says she was an eyewitness and talked about it this morning on radio station ktok. >> it was a very lower level staffer, i think she was maybe two years out of college. and this all occurred at a restaurant in crystal city and everybody was very aware of it. i don't want to be drawn into it specifically but if she comes out and talks about it i think it will probably be the end of this campaign. >> reporter: cain's reck elections of the incidents and then of any actual settlements have changed throughout the week. >> as far as a settlement, i am unaw

frank's case, the lobbiests he was close to at freddie mac. >> but there are questions about gingrich'se mac. information first reported that beginning riff was paid between 1.6 and $1.8 million for two stints at freddie mac. from 1999 to 2002 and from 2006 to 2008. asked if the money figure was accurate? >> i don't know. we're going back to check. >> what did he do? telling freddie mac officials that lending to people with no credit history was a mistake. he later said he was a strategic adviser. contacted by cnn, four people who worked for freddie mac while gingrich was there, disagreed with his characterization he was a historian. one said his role was specifically political strategy. bloomberg cites four officials saying the former house speaker was asked to build bridges to capitol hill republicans. i spoke with bob edgar of the group, common cause, which advocates for more transparency in government. >> when you're paying over a million dollars to build bridges with capitol hill, you're buying a lobbiest. you're buying someone with your money that can connect you with members of c

that is the message in a new book from america's most know toriest lobbiest he will join us to talk - notorious lob jest. he

two l words, lobbiest and liar. >> does newt just ignore all of that and portray himself as a washington> the always subtle barney frank, andrea. i think there are three issues that i can see with newt and the freddie mac, number one is the hypocrisy question given his strong rhetoric towards democrats about fannie and freddie. number two is the issue itself, fannie and freddie terribly unpopular for the meltdown of 2008. then lastly, it's a reminder that newt is a creature of washington and this is somebody who is running an insurgency from mccain and hey street. there are three real challenges and take a step back, newt's response to this over the last couple of days has underscored the fact he does not have a campaign infrastructure in place to do rapid response to these kind of stories and that could be a challenge in the days and weeks ahead. he does not have the operation to cut back on these stories it's going to make the stories worse for him. >> jonathan martin, thanks very much. in the wake of the penn state scandal, the sex abuse scandal, more calls for tougher laws against ch

we spoke last week with disgraced lobbiest, jack ç abramo abramoff.w the e committee scheduling hears how insider trading laws impact or in this case don't impact congress incomprehensible, someone with a history of financial restricted at bloomberg, all of my colleagues. everybody i talk to as a source on wall street. work at merrill lynch, restricted. restricted. restricted. and people making policy, no restriction. we start with peter swietser, his new book explores capitalism that represents insider trading on the hill. the book called "throw them all out." send the rest of us to jail. peter, delight to see you. i mention the restrictions that my colleagues and at cnbc before that and all my various sources and in the financial sources have been and continue to be under give me a sense of things you can get away with congress and imagine congress is a publicly traded company and the politicians are board members. >> well, let's pretend for a minute, dillon, that you're sitting down at at board meeting and the korngs hasn't been doing well. there a

was one of freddie mac's chief lobbiest's favorite spots to wine and dine politicians.nd-raisers for federal candidates raising more than $1.5 million for them. many of the lawmakers being honored sat on the house financial services committee. a congressional panel charged with overseeing fannie mae and freddie mac. the federal election committee found this to be a blatant violation and fined $38 million, but this was only part of freddie mac strategy to curry favor among federal lawmakers. freddie mac at the time was trying to fend off calls for new oversight and regulation. records show the federally backed mortgage lender spent more than $50 million between 2003 and 2006 just on lobbying. >> both fannie mae and freddie mac were major political players. they were spending millions of dollars each year on lobbying if not tens of millions of dollars and they were incredibly well connected organizations. former members of congress were hired to lobby for freddie mac. as well as former congressional aides. many, many of the lobbyists at this organization hired had gone th

our efforts to reach the same goals, dc is lucky to have two occupations, not 18,000 professional lobbiestsme table how long do you plan on sticking around? >> plans for coming up next spring we are going to work on that throughout spring question is will we stay in the plaza, occupy a building those are things we will decide but this is a long term movement not just an occupation we are going beyond to a national movement. >> if people want to get the paper pick it up freedom plaza. >>> freedom plaza. >> thank you very much a thursday morning, new proposal on the table to rescue the u.s. postal service we will take a look at details coming up next. >> then a jump start on the holiday dessert, holly is checking out some of the best places for pie in the dc region, we will be at a new location this hour. fox 5 morning news is back after the break  [ female announcer ] having grands! biscuits in the morning is easy. just pop 'em in... then go about your business... and in just 15 minutes, your family can enjoy warm fresh from the oven biscuits. grands! warm ideas made easy. ♪

however, if it lasts one year, that lobbiest is going to be at their door next week with some cash. >s the most interesting part of your piece. the fact they have an interest in keeping us confused and keeping uncertainty in the system. folks, you can find his piece, cnn.com. always good to talk to you. we're also following a lot of developments. next hour, get a check of those stories. start with deb fayerick. >> well, t.j., i'm here at occupy wall street where protesters are re-grouping, trying to figure out their next move, which could include shutting down wall street. t.j.? >> i'm alison kosik at the new york stock exchange. you hear that? that's the clock ticking. the super committee has one week to come up with $1.2 trillion in spending cuts. i'll have details coming up. >> we're just eight weeks away from that new hampshire primary. new poll numbers. who's on top? details at the top of the hour. >> thank you all. we'll see you shortly and also ahead, we hear from a key figure in the child molestation scandal at penn state. what did mike mcqueary tell a classmate and what did h

they are hearing from their former aids coming back as lobbyists, as well-paid lobbiests. they received money from jp mar -- jp morgan, chase, and since 2000, the finance energy spent $4 billion trying to influence the direction of congress through lobbying and elections. the ten biggest contributors, the first is club for growth. thars a group that advocates low taxes for the rich, corporations, and cuts to social spending, cuts to the social safety net. a lot of candidates are now called tea party candidates because they were co-oped by the republican party. we're facing up to that. we're not going to let the democrat front groups co-op that movement. we're going to stay independent. we are not co-oped. you won't see them called occupy democrats. that's not going to happen. the club for growth candidates are tea party candidates. other donors, goldman sachs, 519,000. citi group, $630,000 to members of the committee. i hate having papers. jp morgan chase, bank of america, general electric, $340,000. these are the people who control this committee, and we've seen last five

two other women apparently did after they filed complaints of herman cain when he was the chief lobbiestthe national restaurant association here in washington, that will be significant contemporaneously as we say in the legal profession, what she did and say about these allegations. >> absolutely. we have to know what, if anything, she did in the legal process when she said she was subjected to these -- to the sexual harassment. there are, of course, lots of women who are sexually harassed who decide not to go forward with a legal complaint. it is not an easy thing to do, it is not an easy thing to win. it is possible she'll say i went through this with him but for whatever reason decided not to. but that, of course, will be a very interesting thing to know. just in terms of future legal consequences, i think it is very unlikely that there will be any, because we're talking about events that took place in the '90s, that's when he worked at the national restaurant association. i think what we're talking about mostly here is political fallout, not legal, because i think there is very unlik

they are hearing from their former aids coming back as lobbyists, as well-paid lobbiests. they received money from jp mar -- jp morgan, chase, and since 2000, the finance energy spent $4 billion trying to influence the direction of congress through lobbying and elections. the ten biggest contributors, the first is club for growth. thars a group that advocates low taxes for the rich, corporations, and cuts to social spending, cuts to the social safety net. a lot of candidates are now called tea party candidates because they were co-oped by the republican party. we're facing up to that. we're not going to let the democrat front groups co-op that movement. we're going to stay independent. we are not co-oped. you won't see them called occupy democrats. that's not going to happen. the club for growth candidates are tea party candidates. other donors, goldman sachs, 519,000. citi group, $630,000 to members of the committee. i hate having papers. jp morgan chase, bank of america, general electric, $340,000. these are the people who control this committee, and we've seen last five

they are hearing from their former aids coming back as lobbyists, as well-paid lobbiests. they received money from jp mar -- jp morgan, chase, and since 2000, the finance energy spent $4 billion trying to influence the direction of congress through lobbying and elections. the ten biggest contributors, the first is club for growth. thars a group that advocates low taxes for the rich, corporations, and cuts to social spending, cuts to the social safety net. a lot of candidates are now called tea party candidates because they were co-oped by the republican party. we're facing up to that. we're not going to let the democrat front groups co-op that movement. we're going to stay independent. we are not co-oped. you won't see them called occupy democrats. that's not going to happen. the club for growth candidates are tea party candidates. other donors, goldman sachs, 519,000. citi group, $630,000 to members of the committee. i hate having papers. jp morgan chase, bank of america, general electric, $340,000. these are the people who control this committee, and we've seen last five

they are hearing from their former aids coming back as lobbyists, as well-paid lobbiests.eived money from jp mar -- jp morgan, chase, and since 2000, the finance energy spent $4 billion trying to influence the direction of congress through lobbying and elections. the ten biggest contributors, the first is club for growth. thars a group that advocates low taxes for the rich, corporations, and cuts to social spending, cuts to the social safety net. a lot of candidates are now called tea party candidates because they were co-oped by the republican party. we're facing up to that. we're not going to let the democrat front groups co-op that movement. we're going to stay independent. we are not co-oped. you won't see them called occupy democrats. that's not going to happen. the club for growth candidates are tea party candidates. other donors, goldman sachs, 519,000. citi group, $630,000 to members of the committee. i hate having papers. jp morgan chase, bank of america, general electric, $340,000. these are the people who control this committee, and we've seen last five years 1.