>> schwarzenegger: we are. >> stahl: in crisis?arzenegger: we've been in crisis for quite some time, because we're now 38 million people and not anymore 18 million people, like we were in the late '60s. so it developed into a battle between environmentalists and farmers, and between the south and the north, and between rural and urban. and everyone has been fighting for the last four decades about water. >> stahl: he took us to the san luis reservoir in california's farm country. >> schwarzenegger: everything that you see here was all full of water. >> stahl: he showed us how desperate things are-- the drought that has affected the western part of the country has left its mark here. water levels here are only half what they should be. there's a bathtub ring. the water was way up there. >> schwarzenegger: people are fishing off this area here. and the tower you see there in the background-- it goes all the way up to the top of the tower. and it's a disastrous situation, and we got to do something about that very quickly. >> stahl: t

schwarzenegger campaign i spent more time, more of my daily hours on schwarzenegger campaign figuring out all contact with republicans went through the state party. when i did a mail piece had to figure out how many square inches were arnold schwarzenegger, how many square inches were rerepublican party. did i say vote on november 3rd or whenever the election was that year, voting on november 3rd, vote november 3rd this is federal election. that had to be paid for with money raised under federal limits. and then if it was within certain windows there is all sorts of other laws that govern how the money is spent. so you become, you have to become proficient at it because it matters. knowing that said, i never said vote on november 3rd. i said make your heard because people knew when the election was. okay, more important to me that i don't have enough federal dollars to do what i want to do. how do i do what i want to do without using federal lawyers. i had really good lawyers were awesome at it. i think we actually, well, because of something we did they actually changed how you used

we made them before in the united states congress and maybe we'd be wise to take governor schwarzenegger's advice and slow down and learn from our history rather than try to top our previous historic mistake, like

palin and schwarzenegger are going at it. we will be back in 60 seconds. >> larry: let's take a call on this. billerica, georgia, hello. are you there? are you there, billerica? last chance? >> caller: yes. >> larry: what's the question? >> caller: i want to ask a question, when do these individuals here -- i know bernanke, he was awarded the prize. and that's all great and wonderful. when do we anticipate seeing the community banks being able to lose some money to get the lower middle class and the middle class back to being able to borrow money? >> larry: when can we get -- last night, the other night, rather, donald trump says the banks have the money but they're not loaning it, barney. >> i'm frustrated by that. i think here's the problem. there were certainly no governmental obstacles in policy. but have you this problem. the bank examiners, they're the people who work for the federal deposit insurance commission, corporation or control the currency. they go out and examine each bank. i'm afraid their culture has been to

i do want to get in on palin and schwarzenegger. i 3i pallon is jealous of schwarzenegger because he doesn't have the guts to quit the way she did. >> i don't have questions about bernanke. i get to make my points about the fed and they don't always pick people for the role for positive things. i think the greatest -- the biggest counterfeiter in the world is a pretty good event. it wipes out the middle class and hurts the poor -- >> ron paul thinks all money is counterfeit. >> larry: ben, who would you have picked? >> i would have picked and american servicemen and women fighting in iraq and afghanistan m absolutely, without question. >> larry: tanya. >> i'm going to second that, i am. >> larry: obama writes a personal letter to kim jong-il. what happens to the axis of evil. did you see anything wrong? >> new york city i wish he would write more letter torkts middle east and the people of pakistan and iran instead of ending in more troops. we need more letters and more talk. we left vietnam in a terrible situation. it's unified. th

schwarzenegger campaign i spent more time, more of my daily hours on schwarzenegger campaign figuringut all contact with republicans went through the state party. when i did a mail piece had to figure out how many square inches were arnold schwarzenegger, how many square inches were rerepublican party. did i say vote on november 3rd or whenever the election was that year, voting on november 3rd, vote november 3rd this is federal election. that had to be paid for with money raised under federal limits. and then if it was within certain windows there is all sorts of other laws that govern how the money is spent. so you become, you have to become proficient at it because it matters. knowing that said, i never said vote on november 3rd. i said make your heard because people knew when the election was. okay, more important to me that i don't have enough federal dollars to do what i want to do. how do i do what i want to do without using federal lawyers. i had really good lawyers were awesome at it. i think we actually, well, because of something we did they actually changed how you used to

here's governor schwarzenegger's advice following up the comments of the leader. so i would say be very careful to the federal government. this is from the govern or of california. before you go to bed with all of this, let's rethink it, said governor schwarzenegger. there is no rush from one second to the next. let's take another week or two. let's come up with the right package. i wonder if the senator saw this. mr. mccain: i thank the governor of tennessee. i recognize that you understand this better than anyone having been a governor and realizing the challenges that the governors face. governor swartz anything thatter ianything-- schwarzenegger -- democrats blues grow deeper in new poll and then support for health care overhaul weigh in. some remarkable information concerning the mood and views of the american people following on a "washington post"-abc news poll out yesterday that 51% of americans say they oppose the proposed changes to the system. 44% approve. thanks to the efforts of so many people, including our leadership, we have turned american public

here is what governor schwarzenegger from california had to say about that medicaid expansion. this is the last thing we need. $3 billion of spending when we already have a 20 billion-dollar deficit so i would see very very careful before you go to bed with all of this. let's rethink it. there's no rush from one second to the next. let's take a weaker to and come up with the right package. the mother of all unfunded mandates, he has estimated it would cost their state's $700 million or more over the next five years. my own estimate is that will increase taxes, increase college tuitions, cost offenders to be released from prison or all of the above. governor barbour. >> thank you senator and of course you are exactly right about it. how many-- geeking be sure the democratic governors are just as concerned about this bill as the republicans. just let it but my counterpart the democratic governors' association of delaware told the "new york times" earlier this month. the senate bill represents a 25 billion-dollar cost to state governments. at the federal government puts an enormou

here's governor schwarzenegger's advice following up the comments of the leader. so i would say be very careful to the federal government. this is from the govern or of california. before you go to bed with all of this, let's rethink it, said governor schwarzenegger. there is no rush from one second to the next. let's take another week or two. let's come up with the right package. i wonder if the senator saw this. mr. mccain: i thank the governor of tennessee. i recognize that you understand this better than anyone having been a governor and realizing the challenges that the governors face. governor swartz anything thatter ianything-- schwarzenegger -- democrats blues grow deeper in new poll and then support for health care overhaul weigh in. some remarkable information concerning the mood and views of the american people following on a "washington post"-abc news poll out yesterday that 51% of americans say they oppose the proposed changes to the system. 44% approve. thanks to the efforts of so many people, including our leadership, we have turned american public

(applause) >> governor arnold schwarzenegger! >> (applause) >> thank you very much karen for the wonderful introduction. also thank you for inviting me to be part of this great operation here. tonight it's about honoring those who break down the barriers and to promote social justice. tonight's heros have excelled in all walks of life. i think that each and every one of those honorees are also, at the same time, a great inspiration to millions and millions of people. and i will say especially for the young people, because that's the important thing. they need this extra push to know that the american dream is also there for them,. that they can reach whatever dream that they have, and so this is why we have inspired them to show them that there's more out there than just gangs and violence and drugs and alcohol and those things. there are positive alternatives. >> i have felt very strongly that athletes have a responsibility, whether they like it or not, or whether we like it or not, to be role models. those who had the biggest i

in california, governor arnold schwarzenegger warned just this week that his state will need billions more from the federal government for basic operations, even as longer-term pension requirements loom. "newshour" correspondent spencer michels reports. >> reporter: when 86-year-old john canfield retired from his california state job, he was making about $50,000 a year. as a senior engineer, he had designed highway bridges used by thousands of californians. >> destructed all over the state of california and i take pride in that. >> reporter: today with yearly increases for cost of living, his state pension totals about $63,000. that's more than the average for state workers because canfield was one of the higher paid employees. >> i feel that i earned that retirement pay. i considered it a contract between me and the state of california. >> reporter: for decades, retirees like canfield drew their pay with little notice but no that taxpayers in california and other states are being told to pone up for underfunded pension plans, questions are being asked about the amount pensioners earn

we've made them before in the united states congress and maybe we'd be wise to take governor schwarzenegger's advice and slow down and stop and learn from our history, rather than try to top our previous historic mistakes like the smoot-hawley tariff. that sounded pretty good at the time in 1930 with the idea was to buy american. but most historians agree it was a mistake and he contributed to the depression. there was the alien sedition act of 1798 senate pretty good at the time. we're going to keep his foreigners in our midst. they're mostly french then friends saying bad things about the government, but it offended all of our tradition of free speech. 1969, congress enacted a millionaire's tax they called it to try to catch 155 americans who weren't paying any tax. that turned out to be an historic mistake because last year it caught 28 million american taxpayers until we had to rest to change it. and just a couple more, there was a catastrophic coverage act of 1988. i was well named because it turned out to be a catastrophe, a congressional catastrophe. the idea was to help seniors deal w

(applause) >> governor arnold schwarzenegger! >> (applause) >> thank you very much karen for the wonderful introduction. also thank you for inviting me to be part of this great operation here. tonight it's about honoring those who break down the barriers and to promote social justice. tonight's heros have excelled in all walks of life. i think that each and every one of those honorees are also, at the same time, a great inspiration to millions and millions of people. and i will say especially for the young people, because that's the important thing. they need this extra push to know that the american dream is also there for them,. that they can reach whatever dream that they have, and so this is why we have inspired them to show them that there's more out there than just gangs and violence and drugs and alcohol and those things. there are positive alternatives. >> i have felt very strongly that athletes have a responsibility, whether they like it or not, or whether we like it or not, to be role models. those who had the biggest i

(applause) >> governor arnold schwarzenegger! >> (applause) >> thank you very much karen for the wonderful introduction. also thank you for inviting me to be part of this great operation here. tonight it's about honoring those who break down the barriers and to promote social justice. tonight's heros have excelled in all walks of life. i think that each and every one of those honorees are also, at the same time, a great inspiration to millions and millions of people. and i will say especially for the young people, because that's the important thing. they need this extra push to know that the american dream is also there for them,. that they can reach whatever dream that they have, and so this is why we have inspired them to show them that there's more out there than just gangs and violence and drugs and alcohol and those things. there are positive alternatives. >> i have felt very strongly that athletes have a responsibility, whether they like it or not, or whether we like it or not, to be role models. those who had the biggest i

part of what i am going to talk about is from the arnold schwarzenegger example. the john mccain campaign may have the worst reputation compared to the obama votes. some of that was funding, some just the regular challenges our campaign had that was more global. it was not specific tactical things. i have some good examples from john mccain about why early votes helped us make different decisions or inform us on things we did that may not be logical. but why we made the decisions we did. had the tides changed the way we hoped it would work to our advantage. i want to tell you what the tactical things are that you can do that will work for you. 40% of the vote will happen before election day. almost half of the people are voting before election day, this will impact how you deliver your message, whether you put something in someone's mailbox for a volunteer tries to contact them or you put radio commercials up, all those things. if you underperform, you can lose an election on the margin. one of the things the bush campaign is famous for is turning known supporters

appreciate the senior senator from georgia raising that point and i associate myself with governor schwarzenegger and his remarks this morning about urging us not to force unfunded mandates on our states. the senator from texas? mr. cornyn: if i could respond to the senior senator from georgia and the junior senator from georgia, my state, this is a $20 billion unfunded mandate. $20 billion. of course, we know -- at least we read and hear from some in the press that not all states will be treated the same. and that that was, in fact, an inducement on the part of some senators to vote for the bill to be one of the 60 votes because they were either going to get a sweetner in terms of being held harmless for at least a portion of that, or in the case, i guess, of nebraska for all of it. and what strikes me as fundamentally unfair, but also demonstrates -- the flaw and the way this bill has been noartd. in order to try -- negotiated. in order to try to get to the 60 votes, there has been basically a pay to play approach to this. and it's just repulsive, frankly, to me and to my constituents who wonde

schwarzenegger. he urges the u.s. to lead the way in climate change. he tells cities to act. obama's struggle wins sympathy with gov. schwarzenegger. one more story from the guardian this morning in the uk concerning tony blair. he urges a leaders to secure a deal in copenhagen as time runs short. with ministers, titans, and celebrities flooding at the danish capital, the former british prime minister said that a compromise was possible. it is likely to fall short of the actions recommended by scientists to avoid dangerous levels of global warming. here is chicago. doris? caller: senator lieberman showed his colors when he supported john mccain in the primary. i have no clue why the democrats allow this man to keep his chairmanship and to caucus with democrats. he is really a republican. we have a progressive majority in both houses, but party is being controlled by right-wing corporate democrats. host: wouldn't you agree that senator harry reid has needed his vote? caller: no, we need reconciliation. will not get nelson, senator lieberman, senator lang can. there is a good d

as i said, it was governor arnold schwarzenegger who said that but for the stimulus, over 100,000 teachers would be out of work. 30,000 jobs are created or saved by businesses that have received federal contracts from just a small fraction of the recovery act. very important. let me say this, half a million jobs, you know, half a million homeowners have been -- have signed up for foreclosure prevention programs, reaching an important early goal. and the program that was launched last march, aimed to help this half a million borrowers by november 1 and with the ultimate goal of helping over four million borrowers before it expires. you know, 10,000 -- here's a number for you. 10,000 -- 10,015.86, the dow jones industrial average increased, surge tovered 10,000, passing the 10,000 point mark level much faster than expected and racking up 53% gain in the last seven months. that's improvement of the economy that has helped some but has not helped enough. it just shows, though, that if we do invest in our economy, it does help. it does improve the lives of people. it's not money that we shouldn

it is something that, for example, california governor arnold schwarzenegger has made one of his top there is no question that this is a real and urgent issue, in this and many other countries. for example, in india, where a lot of their water comes from the himalayas and various have got no rain. host: with health care, which saw the target date for getting something to the president's best has moved us to the president's desk has moved -- has moved to the president's desk -- is there a similar time line? has he said to the senate that i need to have this on my desk by a particular date and time? guest: harry reid has said he hopes to have legislation on his desk in the spring, with the idea of finalizing it by the summer. it puts a lawmakers in a bus precarious position. this is a timeline that has already -- in a less precarious position. host: next up is new mexico, marty on our line for republicans six o. caller: yes, my name is marty. i would like to say on this global warming, i do not know if you guys are familiar with the slingshot effect, but scientists do not ever talk abo

it is something that, for example, california governor arnold schwarzenegger has made one of his topthere is no question that this is a real and urgent issue, in this and many other countries. for example, in india, where a lot of their water comes from the himalayas and various have got no rain. host: with health care, which saw the target date for getting something to the president's best has moved us to the president's desk has moved -- has moved to the president's desk -- is there a similar time line? has he said to the senate that i need to have this on my desk by a particular date and time? guest: harry reid has said he hopes to have legislation on his desk in the spring, with the idea of finalizing it by the summer. it puts a lawmakers in a bus precarious position. this is a timeline that has already -- in a less precarious position. host: next up is new mexico, marty on our line for republicans six o. caller: yes, my name is marty. i would like to say on this global warming, i do not know if you guys are familiar with the slingshot effect, but scientists do not ever talk abou

we've made them before in the united states may be wise to take governor schwarzenegger's at fisa slowdown and stop and learn from our history rather than try to top our previous historic mistakes like the smoot-hawley tariff, that sounded pretty good at that time in 1930 when the idea was to buy american vince but most historians agree it was a mistake and it contributed to the depression. there was the alien and sedition act of 1798, sounded pretty good at that time. we are going to keep these foreigners in our midst. they were mostly french then, from seeing bad things about the government, but it offended all of our traditions of free speech. 1969 congress enacted a millionaire's tax they called it to catch 155 americans who were not paying any taxes. that turned out to be a historic mistake because last year it cut 28 million american tax payers until we had to rush to change it. and just a couple of more there was the catastrophic coverage act of 1988. that was well named because it turned out to be a catastrophe, congressional catastrophe. the idea was to help seniors deal with fina

here is what governor schwarzenegger of california had to say about that expansion.the last thing we need. $3 billion of spending when we already have $20 billion deficits. i would say be very careful to the federal government before you go to bed with all this. let's rethink it. there is no rush. let's take another week or two and come up with the right package." the governor from my state has called this "the mother of all unfunded mandates." this will cost $7 million or more for our state in the next five years. my own estimate is it will increase taxes, college tuitions, the cost to be released from prison. gov. barbara? -- governor barbour? >> thank you. of course, you're absolutely right about the effects. i am here on behalf of the republican governors. just look at what the democratic governors association chairman told the "new york times" earlier this month. the senate bill represents a $25 billion cost to state governments, of which means an enormous unfunded mandates on state taxpayers. so the senators can pretend the health care bill does not increase th

this is going to make their situation enormously worse as governor schwarzenegger has acknowledged. now, i'm not saying that other states should somehow get the sweetheart geels that were negotiated for these other votes, but i'm saying this entire bill is a bad deal, and we need to kill it and start over, strip out all the earmarks and to bring the kind of transparency that the president campaigned on and that i think the american people have a right to expect. now, these sweetheart deals are egregious in and of themselves. what's worse -- and i have been on the telephone talking to constituents back in texas. there are some people who paint with such a broad brush, they say well, we think all of you are corrupt, because this verifies some of the most cynical suspicions that people have about government. and i for one resent it. we have many honest and honorable people who serve in public life, and this taints us all with a broad brush and simply stated makes me furious. i resent it. i resent those who brought us to this position because i think it sullies the reputation of the uni

before you go to bed with all this, lest we think it says governor schwarzenegger. there's no rush for one second to the next. let's take another week or two to come up with the right package. >> i think the senator from tennessee who also understands this issue as well or better than anyone having been a governor and recognizing the problems that the governor faces. and can i step back a second and governor schwarzenegger is a very astute observer of the political scene in california. may i point out to my colleagues this morning's u.s. news report. democrats