>> schweizer: yes. regular campaign funds cannot, that's correct. but there are ways around it.ike all things in washington, the devil is in the details, and loopholes are usually put in place for a reason. >> kroft: for example, when congress passed the ethics reform act of 1989, it plainly stated: "a member shall convert no campaign funds to personal use." but soon afterwards, congressional leaders quietly invented something called leadership pacs-- political action committees-- that were not technically campaign funds, and thus exempt from the personal use prohibition. this is a loophole? >> trevor potter: right. that's correct. >> kroft: trevor potter is a former chairman of the federal election commission. he says it didn't take long for congressmen and senators to figure out the distinct advantages of having a leadership pac, with no restrictions. >> potter: since they weren't around when the ban on personal use was put into place, they're not covered by it. and they can be used for literally anything. >> kroft: over time, the leadership pacs that were created as a way for

. >> plus, spepeter schweizer exps vast new areas of corruption in his brand new book "extortion." "hanni "hannity" starts right here right now. >> in a moment i'll be joined by kentucky senator rand paul. he's pushing a constitutional amendment to prevent congress from writing laws with specific provisions for lawmakers. i want to share an experiment i conducted yesterday on my radio show. >> we updated the web site's home page to update more information about the other avenues to enroll in affordable health care until the online option works for everybody. you'll find information about how to talk to a specialist who can help you apply over the phone. >> since we demonstrated time and again on this program thanks to the co-host of "fox & friends first," it's nearly impossible to sign up for obama care online. i took the president's advice from yesterday, i tried to sign up over the phone. and i had, well, just as much luck. >> how is the phone volume? the president gave out your phone number zip did not know that. >> i've been having trouble getting on the web site. >> right now

is peter schweizer.s the author of the new book "extortion: how politicians extract your money, buy votes and line their own pockets." welcome back, peter. >> thank you, larry. >> what is a tollbooth? >> a tollbooth is basically a method of charging people for a congressional leader to perform their duties. so for example, the speaker of the house, whether it's nancy pelosi or john boehner, a vote for a bill comes out of a committee. it needs to be scheduled for the full house floor votes. they're going to delay and wait until the affected industries cough up enough money. >> until the money comes. >> absolutely. >> and they do it all the time. >> and then they can move it down the legislative highway. these are just procedural? >> these are just scheduling votes. that's exactly right. honestly, the reason things don't seem to get done in washington, there are milker bills. these are bills that have nothing do to do with the dairy industry. it's all about lobbying for family and friends. >> do you think,

capitol hill but could gridlock be the very thing that keeps congress in business i'll ask peter schweizer president the government accountability institute and tonight's conversations with a great man. and . i'm. going to. do and say. all that all about money and i'm actually sick for a politician blog right. here just two. days. well. i think you know. the pleasure to have you with us here today i'm sure. couldn't take three. years three. months three. three. three. three broke. three. conversations with great minds i'm joined by peter schweitzer president of the government accountability institute and research fellow at stanford university's hoover institution peter is one of the most influential conservative writers in the country and his coverage of corruption in washington has quite literally changed the nation is two thousand and eleven book throw the wall out for example created public outcry about insider trading on capitol hill and helped pass the stock act peter schweitzer's new book extortion how politicians extract your money to buy votes and line their own pockets is a fascin

capitol hill but could gridlock be the very thing that keeps congress in business i'll ask peter schweizer president the government accountability that you and i it's conversations. i know c.n.n. the most n.b.c. fox news have taken some not slightly but the fact is i admire their commitment to cover all sides of the story just in case one of them happens to be accurate. that was funny but exclusive footage from i think. it's because one full attention in the mainstream media works side by side with you actually on here. and our teen years we have a different brain. because the news of the world just is not this funny i'm not laughing dammit i'm not god. if. you guys stick to the jokes i will handle them it's. got to. i would rather i asked questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question. we're not psyched to have active camp at guantanamo where patients are forced that in the aftermath or strike never turn the world's attention to the place that something cool of our time. for t