roosevelt, and obama. and they all have certain things in common. they're all populist, spent a lot of money on people. the other thing they had in common was in 1901 there was an oil boom. in 1930 there was an oil boom from east texas, and right now going on in america is the biggest renaissance in oil since 1930. it's the shale boom. and all this oil is producing huge new revenues for the feds and also enormous power for obama. of course, he's going to use that power and all that leverage to propel himself into a third term. >> of course, stansberry's prediction has one gaping hole, the 22nd amendment. quote, no person shall be elected to the office of the president more than twice. we heard a lot of anti-obama conspiracies. this could be the tipping point. up next, a growing number of republicans say they're willing to end their no tax pledge to grover norquist. the trouble is, only one is in the house of representatives where the deal with the white house will be made. that's ahead. this is "hardball," the place for politics.