coke, to other republican groups. >> when you're talking about billionaire top stier on what he said. >> the kochs are here, karl rove is here, tom stier is here, there are other outside groups that are more aligned with the democratic party. my focus is on doing what's best for colorado. >> what's your relationship with tom steiner. >> i have met with car rove, i have met one of the koch brothers, i have meet tom stier, but my focus is this is race is between gardner and me, it's not between the koch brothers and tom stier. >> and i asked your connection between tom stier, the environmental millionaire he came back with your tie to the koch brothers and cross roads. what do you say about that answer? >> the people of colorado are going to decide this election. udall has voted 99% of the time with barack obama. that's what the people in this state are going to make their determination on. >> do you think that tom stier is the reason that udall voted gems the keystone pipeline? >> he was a part of the tryouts on the senator floor, when their auditioning for stier's support. >> well, b

and drew a record amount of campaign money, stier and his pack contributed half a million dollars, huge such a race. do you welcome that help? >> you bet. i welcome anybody who who is an' at this miss and activist . >> reporter: peter quist says the amount of outside money flowing to local races has jumped. since the 2010 citizens united supreme court ruling which loosens restrictions on independent spending. >> if you are trying to affect policy change sometimes the state by state approach is more efficient and certainly those races are less expense itch than federal races. >> reporter: january angel won the special election and tells us she spent more than three-quarters of a million dollars doing it. most of the money raised outside her district. looking ahead the governor has no concerns about getting help from steyer and next gen. >> this is not going to be an unfair debate. oil and gas industry has a few dollars to rub together. they will be able to get their message out across as well. >> reporter: well funded competing messages coming soon to voters across this state and around

tom stier has been in play. a lot of mummy has been spent trying to get iowans to believe certain things about the candidate. not always totally correct much one of the crate things about our series is you'll see a different perspective on both individuals. >> ernst leading by 4% let's switch to north carolina. you are following that race. we have kay hagan. she is bat limbing the speaker. north carolina house. there it's a close race so far polls showing that they are about tied. republicans are going to dump a lot of money in there, very soon. the reality is money - it's a big deal in north carolina. democrats have outspent republicans in general. >> yes, well, there's a different dynamic in north carolina. because when thom tillis became speaker of the house, and republicans took over. they passed scoping changes in north carolina, that were very different from the more moderate imaging that north carolina views itself in the south. there's a lot of anger amongst democrats about some of the things that happen

collection as per your in another level in the last couple of years in terms of editorial and stier -yle and desire. >> collection is about this big in the company. this ino put perspective. we want to have high-quality products with good taste and good value. into ourf you walk stores today, you will find that. at the reality is, sales, sales, sales. from the better stores to the non-better stores, everyone is screening it. at that is what we do. vuittonu look at louis who never goes on sale in say, that is i you do it, deliver the product and you choose the price? >> i am so jealous. that is a 100, 200-year old brand that is had high integrity for a couple hundred years. you might add chanel. and a few others. >> you know who else loves louis vuitton? asia. >> asia might not be as much in love. we have two stores in hong kong, and so far, so good. we're very pleased. lane crawford also sells our goods. it is tiny. it is early days. building a business is a forever thing. time will tell. >> you built your business from a catalog. how important is that catalog business today? >> the a

stiers what this spending, but we believe, fundamentally, that we are on the right side of the issues. are going an people to speak plainly and clearly and senate and house races. we think they have done that to the course of the primary elections. we have been fortunate with the board of the directors to be successful and 14 out of the 15 elections, including two special elections in alabama and florida. we believe that the people have in ken with the plane voice the primary season, and that will be two in november, but by cess is not only defined winning an election. it is determined by democrat to king come n the dust settles -- can come together when the dust settles. you talked about reestablishing and governing the middle. republicans and democrats coming together. one of the few examples in in this at occurred recent congress was in the senate on a bipartisan copperheads of immigration bill. that bill stalled in the house. a number candidates that you have endorsed by strongly to that immigration bill. how do you see that playing out? the fact is, today, with regards to our imm

. >> stier used his own wealth to make a green agenda across the nation.ite house is on his side. >> the obama administration has been doing a great job on this. they have made it a priority. they are looking at it as a legacyish oo you. they are doing hard things in spite of what they think it may mean for them politically. >> he thinks these policies may be politically costly if they are attached to democrats in energy states like louisiana. and gas production per se that doesn't seem to make sense to me. the policy seems to be they want middle class jobs but just not these middle class jobs. >> that's why the leading republican is trying to tie democrat larry landri -- mary landrieu to barack obama and policies. that's why the senator is running away from it. coming up i sit down with mary landrieu and bill cassidy both of whom are working hard to prove that he or she is the one who will let the good times role. in the nation... the safest feature in your car is you. add vanishing deductible from nationwide insurance and get $100 off for every year of s

tom stier is a political activist with a mission to change american energy policy. >> as a nation, weve to make the changes for ourselves, we have to lead the rest of the world. >> styer has used his own wealth to provide a green agenda across the world. he believes the white house is on his side. >> the obama administration has made this a priority. they're looking at it as a legacy issue. they're doing hard things in spite of what they think it might mean for them politically. >> lsu thinks these policies must be held critically. >> there does seem to be a hostility to oil and gas production per se that doesn't seem to make sense to me. the policy seems to me that they want middle class jobs, just not these middle class jobs. >> that's why, in the louisiana senate race, the leading republican bill cassidy is trying to tie mary landrieu to barack obama and his environmental policies. it's why the senator is running away from them. >>> coming up, i sit down with in did you mean bent mary landrieu and leading republican challenger bill cassidy, both of whom are working hard to prove he

it looks pretty clear that tom stier, the hedge fund billionaire, is going to top the list.s given $73 million in the 2014 campaign cycle, $66 million has gone to his own super pac, largely backing democratic candidates and climate change issues across the country. although the group is still sitting on a whole lot of money, which raises a lot of money -- questions. he is the sheldon adelson of this cycle. >> he said he will spend whatever it takes to win in those states. >> he is putting his wallet where his mouth is. [laughter] >> just quickly, what about businesses? ?usiness lobbyists corporations? what are they spending? >> they are spending. they are active. the chambers of commerce are in the top four. business groups are trying to tilt the balance of power in the senate. a lot of them are supporting republican candidates. a lot of this money is coming in late. this is the money that will decide these races. this final week could make or break the elections and could see the biggest package of spending altogether. , active to come investors may be hungry for mcdonald's

also, you wrote an op ed where you talk about that billionaire environmentalist named tom stier.rms and that is they're trying to suppress the republican vote. i'll give you 30 seconds, explain what he's trying to do. >> this billionaire tom stier, you can read about it at foxnews.com. basically what they've determined is that republican enthusiasm is very high in the midterm and their enthusiasm is very low. so they did a study, full-blown data study and they actually spelled out in the memo that you can read that their strategy is to go after republicans and degrade and depress the republican turnout by spreading false messages about republicans. this is their strategy moving forward. identifying republicans, going after republicans in a strategic way to depress and degrade republican turnout. it's amazing. these people are hypocrites from the beginning to the end and this is what they're up to and i want to warn all republicans to look out for it. >> thanks for the update. reince previn, the chair of the rnc, thank you for joining us from dc today. >> thank you, steve. >> you

. ♪ this hour,shaking tom stier, the billionaire former hedge fund manager.e turned to politics and i met with him in northern california at that time. it the biggest donor, the so-called super pac. millioned to spend $50 and is now past that. the donated $15 million and $5 million donations since june of 2013. million to republican causes. he has been a big name in trying to get the keystone oil pipeline killed. thing in politics, midterm elections more than any elections. republicans are counting on the fear factor. according to data for cancer media, 50 terrorism or national security related ads have aired in states like georgia, kentucky, and north carolina. the top five democratic targets, four of them are women. how effective so far have we seen this fear factor by the gop? is veryems to think it effective because they're running it in so many states. the interesting part of this story is where they are running it. democraticrgeting women. when we talk to republicans, the strategy is to counteract the war on women theme that democrats have successfully

. >> the largest donor to those super pac say turns out is not tom stier.50 million of his own fortune to defeat republican candidates that he is now over that. in second place, sheldon out adelson. sheldon in brazil, the president has slightly five days to go before the runoff election. . has an advantage previous polls have shown rousseff trailing. >> brazilian stocks have basically been ping-pong balls. moving every which way based on what people think the electorate -- where people think the presidential election will follow. it is such a unique animal globally that it defies that type of simple analysis. says hect, chainos calls it a scheme and not a stock. a warning from new york fed president saying that banks must fix a culture that encourages back behavior or run the risk of being broken up. douglas spoke to senior bankers at a closed-door workshop. those are your top headlines this morning. we talk about these tech companies that are spinning off businesses. is anyone pressuring jamie dimon to do that? >> you see an evolution here with dodd-frank,

>> the biggest individual spender right now is tom stier, the hedge fund manager gotten so much attentionclimate action. $73 million out of his own to 2014ight now candidates and specifically to his own super pac here. only spent about $20 million. you have got to wonder what is he holding that money out for at the end. he is spending it largely undemocratic candidates active the democratic candidates active on the environment. >> extraordinary. peter, thank you so much. we will be back in two minutes. ♪ >> we have breaking news. betty liu at the breaking news desk with more. >> nelson peltz of try and is doubling down on his debt on dupont. he is the active investor who has been looking for a change at companies from pepsico. he just got on the board of madison square garden. he has just upped his stake in dupont, the largest chemical company in the united states per market value. callas exercised his put options to increase his stake in the company to 2.7%. he now owns -- try and now owns 24.3 million shares in dupont. he has exercised -- he has just done this. to said thistalked looks

largest by $18 million, so i did a google on it, and it turns out it is a man who founded it, tom stier, and you mentioned him along with the koch brothers. group, it is, i have never heard of it. $20 million so far. 10, you havetop the sei you, and you have bloomberg, the national education association, the democratic governors association, elliott management, the senate majority pac. caller, it sounds like you spent a lot of time looking at this stuff. caller: because it gets redundant for harry reid to say that the koch brothers are evil, evil, evil, when the top contributors are all democratic contributors. host: thanks, caller. we appreciated. right,the caller is about the increased dissipation. put so muchone has money in these races, but even the league of voters, something like 5 million. now they are spending five times that this cycle. they have completely expanded their game and turns of the senate race landscape. increased participation. i think if you asked people years ago if they would be huge campaign finance players, they would be, what? it is really something. and taki

centered onis a man named tom stier, who has a super pac dealing with keystone and other issues. that said, you look at the polls. the majority of the public is showing to support the public -- project when they are asked. it's arguable that using keystone in as does not necessarily move the needle. you saw a lot of ads in 2012 and the record was somewhat next. i think you will see a lot of sound and fury, but what is it defies in terms of moving races outside of nebraska is little. -- one-story was talking about democrat saying that it may cost me a bit of labor support, but they will probably vote for me anyway. supporting itd may cost me a few landowners who would otherwise vote for me but they will probably vote for me anyway. occursof the things that to me, if republicans win control of the senate next month , it will be very interesting to ,ee legislation, from congress either changing the process were proving the pipeline, and see what the president does with that. so far, harry reid has protected the president from that. they cannot get legislation on keystone physically

more marriage equality, more probably reproductive rights, more -- well, you see it in tom stier, focus on environmental climate change issues. >> the other aspect of that is interesting is what happens when the current billionaires start passing away, like what happens to their money. a number of these people are pretty conservative in their views. they often have children or grandchildren who do not share their viewpoint. we actually have had an interesting example of this. the late harold simmons was a dallas billionaire who passed away last year, some of his fortune has gone to two daughters have supported hillary clinton. they support of barack obama and the superb reproductive rights. harold simmons himself said barack obama was the most dangerous man in america because of the threat to the free enterprise system. i'm not sure how he feels about what his daughters are going to be doing with his money. tom, do you have a question? weight. we have the microphone coming up to you. >> one comment about this sort of parties versus the outside groups. i think it really mischaracterizes

supported that over reach with the epa because he is being backed by california environmentalist tom stier. he stood with the epa over our iowa farmers. >> that's not true. i voted to prohibit the epa from regulating ditches and farm ponds and senator ernst knows that. she had stated that she supports the environment but sounds like consequences and when you say that you would vote to repeal the clean water act, you're saying you don't want iowans to have clean drinking water. when you say you want to repeal and get rid of the epa, which was created by a republican president, you're saying that you don't want anyone making sure that the air we breathe is clean, the water we drink is pure. those words have consequences that are harmful to iowans. and senator ernst knows that and that's why she is supported by the koch brothers and big oil backers who want to get rid of the rules. >> we will talk about your supporters in a block coming up in just a moment. but would you like 30 seconds to rebut? >> yes. i would love to rebut that. no, i do believe in a clean environment and i drive a hybrid

stier and the money he is bringing to the midterm elections. then is joining us on democrats line from blackstone, massachusetts. good morning. caller: good morning. i have just three points to make. the first one is that we've been ruled by the minority, and that's why we are kind of in the situation we are in. in the senate.s every time something comes up, and of course the house is always voting republican and stopping things. voteecond is, we shouldn't everyone out, we should vote out those who refuse to compromise. has alwaysent depended on compromise to get things done. withhird is, the states restrictive id voting regulations should be required free ids before the rule is enforced. otherwise, especially people have to pay for these ids, it should be considered a poll tax. host: susan, thanks for the comment. jennifer duffy? guest: let me try and take them in order. is forgottenwhat by a lot of candidates on both side of the aisle is frankly yes, a legislative body compromises. it's very hard -- i asked candidates about this. ,ou say you

a super pac mainly funded by tom stier has spent more than 306 million to help democrats while in nonprofitacking republicans has spent more than 660,000. a partner has spent an additional 141 -- $141,000. -- $541,000. represented 82% of independent expenditures in a general election has reported to the sec, up from 75% in 2010. kevin, you are next. hello. when i was growing up, we got substandard books. it has a lot to do with education. old books while other kids got new books. our education was stunning. as time and on and the policy education, we have got to upgrade this. from one morear call, maryland, democrat line. caller: good morning. i am curious because i came from the islands where our education system is its own colonial type education. i was 10 when i was getting ready to go to high school and had to be put back into a middle will, which is disheartening. i doing so, i find there is a lot of racism in the school system in the united states. not only that, the so-called counselor they assigned to you basically never anywhere to be found. not only that, i find there was competit