have ever heard. and beck's nazi comparisons have 400 rabbis protesting. one abbuy protesting joins us live tonight. speaker boehner and the republicans are of bought and paid for by big business and they're not even trying to hide it. i'll expose their insurance plan tonight. and what the heck was sarah palin talking about last night. she called the president's sputnik moment a wtf moment. now our headline tonight. goldman sachs owes you $10 pl se. serio seriously, they do. a lot of banks got backdoor bailouts. at the time, goldman claimed they were just passing that money on to their clients and the whole economy would go down if their clients didn't get paid. now we find out that they kept nearly $3 billion of taxpayer money for themselves. that's about $10 for every man, woman and child in the country. think about that for a second. you had to take money out of your taxpayer dollars and give it over to the richest bankers in the country who caused the collapse in the first place. quote, goldman sachs capital si ized to get more money from the insurers. $2.9 billion from proprietary trades, goldman kept for their own profit. they distributed $2.9 billion into their own coffers. and goldm maclearly needed it. goldman sachs posted more than $ $13 billion in profit. and that was after paying out $16 billion in compensation. so they kept $3 billion of your money in the middle of making record profits for themselves. by the way, who was the guy who made the decision to pay goldman on behalf of the government? that would be then treasury secretary hank paulson who was once head of? goldman sachs. this is one of the many infuriating revelations released by an inquiry commission today. but it's just the tip of the ice bergs. here's the headline from the chairman of the commission. >> we concluded first and foremost that this crisis was avoidable. >> i love that man. everyone likes to pretent it was a national disaster that couldn't be avoided. there was nothing we could do. no one saw it coming. jamie dimond says these things happen every seven years or so. there was nothing we could to. >> this crisis was avoidabavoid. despite the views of many in the financial and political power the crisis could not be foreseen, there were many, many warning signs that were ignored or discounted. let be clear -- this calamity was the result of human action, inaction or misjudgment. nonmother nature or computer models gone haywire. >> when we deregulated the banks and hoped they wouldn't take huge risks, that was an enormous mistake. and by the way, a mistake we continue to make since financial reform didn't change that at all. look, this is a bipartisan problem. there's no question that bush and his treasury secretary were the ones who deregulated and did the original t.a.r.p. bailout in the first place, everybody knows that. but the obama administration has p continued to pretend there's no problem. tim geithner was the one who went along with the backdoor bailout to goldman again in the first place when he was head of the new york fed. president obama literally couldn't have found anyone more guilty of the bailout unless he renominated paulson. in my opinion, the bankers and the government combine to rob us blind. this report explains exactly how they did that. but there's one thing we request do. we can at the very least ask for our money back. goldman nearly took $3 billion in taxpayer money and put it inaire pocket. there shouldn't be a conservative, a liberal or a moderate in the government who should stand for that. we invited tea parties and republicans to come on the show and talk about the outrage. somehow they couldn't make it on the show. i don't know if that's because their leadership has already been co-opted by the banks and big business or just because they didn't have time today. but i want to continue to extend that invitation to them. you've got to help get taxpayer money back for all of us. this is something the whole country should agree on. now joining me is one of the members of that financial crisis inquiry commission, brian giorgio. great to have you on today. >> nice to be with you. >> what caused the collapse in the fist place? obviously angelini said it wasn't a natch rat disaster. it was avoidable. >> there were extraordinary risks taken, huge amount of leverage, very little capital that placed a number of financial institutions in highly precarious situations. there were failures in the regulatory process. we entrusted the federal reserve and others to act on behalf of the safety and soundness of the entire financial system, and there were many, many warning signs that were ignored and no action was taken. >> i want to go to this backdoor bailouts that i just talked about in the opening piece there. i literally put together a protest on this months ago, myself. because i thought it was the most outrageous thing i had ever seen. and now we find out that goldman did keep $2.9 billion of it. is there any justification paying goldman 100 cents on the dollar when at that point the most they would have gotten was the 20% from the market according to most people. am i missing something here? or is it as egregious as it looks? >> well, there's no question that many people wondered how all the counterparties who were owed money received 100% on the dollar. but that judgment was made by the people in the trenches at the time. and really it's not our function as a commission to second guess those judgments. aig entered into credit default swap contracts under which they agreed to insure the counterparties against the failure of those particular securities, and to that extent, aig owes them the money. now, if aig had gone out of business, had it not been bailed out by the government, of course, they wouldn't had been able to pay the money and the counterparties would have been left holding the bag with insurance that couldn't pay. so now the question is, now that the government has infused some $180 billion into aig and some portion of it has found its way to goldman to compensate them for proprietary trades they made on their own account, should they be able to keep it? well, they were owed it, so that's an argument they ought to be able to keep it. on the other hand, many people are outraged obviously that taxpayers had to be placed on the hook for losses that were created by circumstances people went into with their eyes opened. >> yeah, i didn't make the bet with goldman sachs. aig made the bet with them. and goldman sachs should have known they could go bankrupt. for me to pay that bet off is crazy talk. look, i know it's not your fogs to judge. it's my position to judge and it'm telling you, it's crazy talk. you laid out great information to make that judgment with actual facts. i want to ask you, go ahead. >> we, i hope you'll get a chance to read it and your listeners will get a chance to read it. we spent almost a year and a half, interviewed some 700 witnesses, conducted 19 days of hearings around the country with witnesses and experts. and this is a very thorough rendition of the facts, and people can come to their own conclusions. we reached the whole variety of conclusions, the most significant of which is that was an avoidable crisis. it's an act of god or a calamity that befell us. it was a crisis that was the result of human action and failures to act in both the public and private sector. >> that leads me to the final question here. look, it could have been avoided before and it wasn't. and i get a sense from you guys that we didn't really fix it. even though we can avoid it in the future, we're not going to. if the current system holds, it's probably going to happen again. >> well, we certainly all hope that it won't, but the really is there are several elements of the financial system that are not really in significantly better shape today than we were before the financial crisis. for example, the top banks held about 58% of the assets of the financial services industry about four years ago. and today, they hold 63% as a result of the merger of bear turns and the jpmorgan chase, the purchase of merrill lynch by b of a and the bankruptcy of lehman brothers. so the consolidations have placed us in a situation where there's even more consolidation and concentration of assets in the financial sector. so the real question is, are we going to face the same difficult choice that the leadership of america was faced with a few years ago. to either risk the collapse of the financial system by permitting these large institutions to fail, or infuse trillions of taxpayer dollars to bulk them up so that we can avoid what many people thought would be an even greater catastrophe. and that's, of course, been the subject of great speculation. it's certainly one of the things that many people in the center and the right and the left all agree upon is that when people make big risky bets in the private sector, they ought to have the right to gain when they succeed and fail when they don't succeed. and in this instance, they were only permitted to gain on the upside and the taxpayers picked um the down side. >> that's exactly right. and the whole country should agree to that. i hope the whole country reads your report and takes action. unfortunately, it seems neither one of our parties are interested in fixing it. thanks for joining us and being a part of that important commission. >> thank you very much. a pleasure to be on your program. . >> for more, let me bring until a member of the house oversight and government reform committee, now investigating t.a.r.p. congresswoman, let me ask you first about goldman sachs. any way we can get that $3 billion back for the american taxpayer? >> i believe we should. i have a bill that first of all would recoup all their bonuses at 100%. and in addition to that, i would be the first in congress to tax them to get our money back. over the last two years they made doverover $22 billion in profits. yet they rigged the system because they have so much power. six banks have 2/3 of the money in this country. think how concentrated and uncompetitive our credit system is and how they stifled lending at the local level, which is hurting our recovery. they have so much power, they were able to get their nose, goldman sachs under the tent of the fdic. they made the american taxpayer their insurance company. it's wrong. >> they got bigger as the commission explains. the whole thing is an outrage. honestly, they bought both sides. but tim geithner? for him to be appointed with an outrage to begin with. let me turn to the republicans. if you say hey, i want to get my money back. and they have all those points on the tea party guys, they're not going to agree, are sna. >> it looks dicey right now. the financial services industry is the largest contributor in presidential and congressional races. we need to get the money out of politics. in fact, this week, the republican party took away the voluntary contributions that citizens could make for public financing of our cam pins. -- campaigns. this isn't required. it's voluntary. if people know our current system is taking their government away from them by these big interests, they would be the first to say we ought to reform campaign finance, but the very individuals, the very companies that are the biggest givers are the ones that just put their hands into the taxpayer till of this country. we've got to return our republic back to the american people. >> owe know, one of the vice presidents of goldman sachs came out and said oh, no, no, no. the real problem is regulation. we're overregulated. the republican guys they bought go along with that. part of the republicans on the commission who put out their own comical version of the report, not mentioning wall street at all. they literally banned word wall street from their commission. what do you do when the other party purposefully ignores the actual facts in the case. . >> hank paulson who headed goldman sachs with the secretary of treasury in september, october of 2008 when all of this came down, and joshua bolton who had run the goldman operation in england was the president's chief of staff, president bush's chief of staff. they were in the cat bird seat when all of thf was rammed through the congress at lightning speed back in 2008. so you can really criticize that administration, but if you look at the current administration, and the legislation that passed, it didn't break up the big banks, it didn't restore competition to the system of credit we have in this country because you had people like michael patterson and others brought over from gold map. they maintained their position. it's almost like a wall street government. >> yeah, that's the kind of honesty i like. democratic administration, but it's absolutely true what you said. we really want to thank you for coming on tonight. >> thank you very much. >> we'll be right back. ♪ j-e-l-l-o ♪ j-e-l-l-o ♪ j-e-l-l-o [ child giggles ] whoa! that achy cold needs alka-seltzer plus! it rushes multiple cold fighters, plus a powerful pain reliever, wherever you need it! 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[ male announcer ] don't be left behind. at&t. the nation's fastest mobile broadband network is getting faster with 4g. welcome back. house gop moves to privatize medicare. of course. the conservatives are after health care reform now, but as you can see, medicare is up next. reform has already been repealed by house republicans and is moving closer to a vote in the senate. but senate democrats are fighting back. hold i holding hearings on how health' reform is helping people from bankruptcy and quite possibly saving their lives. mere's what one witness said about reform. >> i could never drop off of an insurance plan, because if i did, it would have been almost impossible for me to get back on a plan. paying for my own health care would pretty much bankrupt me. the passage of the affordable health care act made walmost al of that go away. i can stay on my parents insurance till i'm 26, hopefully i won't have to, but to have that security, i don't think words can describe how important that is. >> senator, tell us how the senators in the senate are looking to fight back against the republican repeal of health care. >> first of all, thanks for bringing this up. we're going to fight back by making the republicans defend themselves. how are they going to defend themselves by taking away emily's health care coverage. the fact now she can stay on her parents' policy. they have to explain how that's going to help the american people. have them explain how it's going to benefit people when they take away the coverage for pre-existing conditions where you can still get coverage even though you still have a pre-existing position of a child. the law is on the people's side. now they want to take it away? i say put them on the defensive. >> will there be a vote in the senate on reform? >> well, mitch mcconnell says he's going to bring it up one way or another. i assume at some he's going to have a vote on it. but i want to see the debate. i want to take them on on this one. >> esays you're afraid of a vote. i'm not afraid of a vote. >> i would welcome a vote on whether republicans want to take away the protection that people have right now that an insurance company can't cancel their policy if they get sick. they want to take that away? let them vote on it. >> it doesn't look like the polls are on their side. they might be careful about what they wish for. now i do want to move on to medicare, though. the house saying they're looking to privatize medicare. is that realistic and is that another fight you welcome? >> you bet i do. they want to privatize social security. you might as well throw that one in there, too. they've been doing that since the 1930s, tryinging to repeal medicare or privatize it since we passed it in the '60s. you bet. finally the american people are going to wake up and find out just what they voted for last fall. the old lincoln quote, you can fool some of the people all the time and all of the people some of the time but not all of the people all of the time. i think people are going to find out they got fooled in the last election. they thought they voted iffer people who were going to straighten the government out and be on their side. they're going to find out they voted people into office that are going on the side of wall street, the hedge funds, the private investigators and they want to take away the coverage they have. >> president obama has been noncommittal on social security. it looks like he might at some point agree to raise the retirement age. would you fight that? >> you bet i would. it's different for us that wear a tie and go to work every day. we're 70. but how about the fireman or the woman who stands on her feet all day in a department store and you're asking her to work until she's 70 years old? it's time to get real about what this means to really average working americans. no, we are not going to raise the retirement age. >> all right, i like that kind of talk. one more for you. i know you were pushing for filibuster reform. it looked like it didn't happen this time, what happened? >> well, people got bought off with a lot of vague proms with we're going to behave ourselves and be nicer around here. >> that's a good one. . >> good luck on that one. look, senator jim demint said his goal for this congress is total gridlock. senator mim mcconnell said his goal is to make sure obama was a one-term president. i mean, let's face it. the senate has become dysfunctional. what i insist on and what i think we ought to get to cenk, it's all right for the minority to slow things down, but right now, they can veto everything. you can't do anything unless you get 40 votes. guess what? the minority rules the senate. that stands democracy on its head. we're going around the world preaching democracy? the minority gets to have a veto. explain that to veto. >> if you're going to filibuster, at least filibuster. you have to go out there and actually do it. the current system doesn't make any sense at all. >> okay, if you're going to filibuster, stand out there and filibuster, they voted that down, too. >> real quick, didn't democrats have enough votes an at the beginning of the session to do it? why couldn't the democrats hold it together? >> well, why couldn't the democrats hold it together? because we didn't have the white house on our side. we couldn't get the people together to understand that we won't be able to get our programs enacted unless we have a change in these rules. you know what it is, cenk more than anything else. people are afraid of a majority vote. i'm not afraid of that. and if the people who elect these crazy tea party people in there and they vote to do these whacky things, i say give them rope. and the american people will find out and then we'll have a real election next time around. >> you weren't kidding, you came to fight. i love it. thank you so much for joining us. we really appreciate it. >> thanks, cenk. coming up, the most popular questions president obama took on youtube had to do with legalizing marijuana. did he agree we should move towards legalization? 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[ static ] ♪ i need a good time [ male announcer ] ecomagination from ge. it's technology that makes the world work. ♪ it's technology that makes the world work. but you can still refinance to a fixed rate as low as 4.5% at lendingtree.com, where customers save an average of $293 a month. call lendingtree today. >> breaking news is always fun. rahm emanuel back on the stig mayoral ballot which is a shame. a shame. that's my opinion. the court says rahm meets the residency requirement. the field may be getting another dose of crazy on another issue. nevada senate candidate sharron angle took a little trip up to iowa this week. she was technically there for the christian conservative film "the genesis code." but when asked about a possible white house run, she gave the capable ji answer that every potential candidate has ever said. i'll just say, i have lots of options for the future and i'm investigating all my options. wrong again, sharron, i don't think you have the amount of options you think you had. you couldn't beat harry reid when his approval ratings was in the 70s. -- 30s. street protests in tunisia, partly started by the wikileaks revelations of corruption toppled that country. now it's spread to yemen. in egypt, rueters reports five people have died so far, at least eight journalists have been arrested. tens of thousands of people have taken to the streetings. and now yems, ma'amen has also the bug. zuckerberg probably should have been man of the year. i know wikileaks isn't close to solely responsible for this, because these governments have been so corrupt for so long, and their people know it, but assana assange saw them 150e typical corruption. and by the way, do you think this might have been a better way to start democracy rather than invading and occupying countries for years on end? words of the protests have been spreading through twitter, facebook -- so maybe zuckerberg might have been a bad choice after all -- and blogs. we might have been better served if we had blogged iraq, rather than bombed it. think about it. coming up, glenn beck is being called out for his nonstop use of nazi and holocaust references. 400 rabbis have signed petitions to ask rupert murdoch to sanction him. and sarah palin says she wants to have a spudnuk moment. you can't make that up. i don't know what the hell that is. there's a hospital where technology has a healing touch. there's a factory giving old industries new life. and there's a train that got a whole city moving again. somewhere in america, the toughest questions are answered every day. because somewhere in america, more than sixty thousand people spend every day answering them. siemens. answers. guy ! guy ! check out my ritz cheese steak sliders. get more of my rockin' ritz game day recipes on facebook. oh, bayer aspirin? i'm not having a heart attack. it's my back. it works great for pain. [ male announcer ] nothing's proven to relieve pain better than extra strength bayer aspirin. it rushes relief to the site of pain. feel better? yeah. thanks for the tip. >> glenn beck is finally being called out for his incessant and disturbing use of nazi references. 400 rabbis have all called on rupert murdoch to sanction glenn beck and roger ailes. the letter was published in a full-page ad in the murdoch-owned wall street journal. it points to the characterization of npr after they fired juan pims wims. at the time, ailes said, they are, of course, nazis. they have a nazi attitude and they are the left wing of naziism. then he made it worse by dismissing the criticism that came his way, distributing it to, quote, left-wing rabbis who basically don't think anyone can use the word holocaust. i don't think blaming rabbis is the way to go there. and that doesn't even address the bigger problem, the appalling stream of nazi comparisons that perpetually flow out of glenn beck. >> nazi tactics are progressive ta ta taxis. in the early day of hitler. hitler. hitler. nazis. i think the germans are an awful lot like we were now. this is what hitler did with the s.s. >> but all that ridiculous rhetoric pales in comparison this outrageous accusation from beck. >> george soros used to go around with this, you know, anti-semite and deliver papers to the jews and confiscate their property and then ship them off. it's frightening. here's a jewish boy helping send the jews to the death -- death camps. >> that, of course, is not even remotely true. soros was a 14-year-old boy who barely survived the holocaust and had absolutely nothing to do with sending other jews to death camps. that is the most disgusting lie i have ever heard in my life. i literally can't think of anything to say about somebody that's worse than that. and to make it up? it turns your stomach. now let me bring in one of the rabbis who has signed a letter to rupert murdoch of repair the world. rabbi, what are you looking for here, what would be the sanction of beck and ailes that you would like to see happen? >> i think it would be wonderful if he would stop talking. >> well, that's true, but -- >> i don't think he's going to stop speaking, unfortunately, but maybe if he just took one of our rabbis suggested, you know, a gossip fast. like taking 24 hours or maybe a week or a month and just try and not use such hateful and insightful language might be a great place to start. >> oom he kehe keeps saying, ai left-rabbis. these are 400 rabbis. are they all left wingers. >> orthodox rap burabbis tend n to represent the left wings. these are hardly people that you would call radical left. >> and look to me, out of all the different things he said, i think the sor zo lie, said, it's the worst lie i've ever seen. i can't imagine making up something more aproeshs than that. how over the top is that? and what do you do when a major corporation like news corp saying i don't care what he says i'm egoing to put him on the air. >> the president the other day said we'll move forward together or not at all. when you use hayesful speech as opposed to coming together in dialogue and living lives of service, you end up with a divided country and not a country that's very easy to move forward and nies are scary times. i think it's a desecration to the memories of the people who died and a desecration of the people who fought to save them. >> we had frances fox piven on the show. she's on beck's list of the intelligent minority, and 8 out of the 9 happen to be jewish. i mean, we can't read the guy's mind so i don't want to ask you if you think that's a coincidence, but is that disturbing to you that somebody would put together a list of the intelligent minority and fill it with jews? >> you know, i think it's really problematic. we can either work together. i'm thinking of a group of students in washington state who spent a day with jews and christians and muslims in dialogue and then spending a day of service on martin luther king day. i think we can have those kinds of conversations or we can have conversations in which we demonize the other and silence the other. if i were going to choods, i would want to be on the part of trying to do something productive in the world. frankly i'm raising three small children and it's the same thing. i want to teach them, how do you talk to each other? not how do you silence and demonize each other. i hope that's the same kind of conversation someone has with glenn beck. >> right. it's a serious business. professor piven has gotten death threats. 5 and beck has said on clip -- he talks about shooting people in the head. let me show you that. unfortunately, we don't have that cued up now, but we can show the audience it at another time. oh, we do? all right, here you go. >> you know what's so ironic is how these attacks are coming out at me now that i'm anti-semitic, all of these charges are happening. last night, we released a documentary -- >> no, that's the one where he's laughing around the charges. there's another one where he said on fox that people get shot in the head. look, this is very dangerous times. rabbi, i hope that people take your call to action to do something about it and calm the rhetoric down very, very seriously. we want to thank you for joining us. >> thank you very much for the opportunity. >> all right. now, coming up, we already knew that speaker boehner and the republicans were bought by big business, but now they're not even trying to hide it. i'll show you what boehner is up to next. a privilege for the ultra-wealthy. it's a necessity. find investments with e-trade's top 5 lists. quickly. easily. use pre-defined screeners and insightful trading ideas to dig deeper. work smarter. not harder. depend on yourself the one person you should trust to take charge of your financial future. e-trade. investing unleashed. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >> all right, guys. we're going to do a pot story here. i can quickly summarize it for you. obama took questions from you youtube. 198 out of the top 200 questions were about legalizing pot, but unfortunately he didn't go for it. and in my opinion, he's wrong, but he said legalization is not the right way to go. but i promise you that glenn beck clip but i want you to see it and it's shocking. so we wanted to show you the clip where he talks about shooting people in the head. >> the radicals that you people in washington have brought inform wearing sheep clothing. change the pose, you get the ends. you've been using them? they believe in communism, they believe and have called for revoluti revolution. you're going to have to shoot them in the head. >> does it get any clearer than that? we're not talking about swrie lent imagery. we're talking about literally saying it after they put people on a list. it's not the right way to go. since i've been with the company, i've been promoted ten times over the span of 11 years. today, i'm a divisional learning and development manager. we can actually help people develop in their own careers. my job allows me to make a difference in the lives of almost 100,000 associates in the northeast. if you think about it, that's almost 8 times the size of my hometown. my name is nick and i work at walmart. ♪ >> ( baby crying ) >> grandfather: our first grandson. >> father: he sees you. >> ( "imagine" by john lennon playing ) >> ( laughing softly ) >> ( woman speaking korean ) >> ( child speaking korean ) >> ( children chattering ) >> dwight d. eisenhower: in the goodness of time, all peoples will come to live together in a peace guaranteed... >> john lennon: ♪ you may say ♪ i'm a dreamer ♪ but i'm not the only one >> ( blowing whistle ) >> ♪ i hope someday... >> good night, baby. >> ♪ ...you'll join us ♪ and the world ♪ will be as one >> woman: together, we are the human network. cisco. everyone has someone to go heart healthy for. who's your someone? campbell's healthy request can help. low cholesterol, zero grams trans fat, and a healthy level of sodium. it's amazing what soup can do. but my doctor told me that most calcium supplements... aren't absorbed properly unless taken with food. he recommended citracal. it's different -- it's calcium citrate, so it can be absorbed with or without food. citracal. now an astounding move that gives the op and corporate donors even more power than they already got. they'ring aing it will save $600 million over ten years, in reali reality, it will cost us billions if not trillions. that means our politicians will be even more dependent on private cash to get elected. and then as usual, they will give away billions of our taxpayer money to pay back their private donors. unfortunately, that's how the system works. and a perfect example of that is john boehner. today, we learned that john boehner will give the keynote address to insurance lobbyists dead set on repealing health care reform. boehner got over $240,000 in total from the insurance industry last year alone. and he knows how to pay them back. his first act as speaker of the house -- trying to repeal health care reform. i'm sure it was yet another funny coincidence. and don't forget, it was john boehner who got caught literally passing out checks from the tobacco lobby to members of congress on the floor of the house back in 1995. the guy has no shame, and now they've rigged the rules so that more people will have to follow his lead. with me know is a radio host on a.m. 760 in california and the author of "hostile takeover." david, first on boehner, let's talk about this vote sdsh before we get to boehner, let's talk about the vote to end public financing for presidential campaigns. why do you think that's such a bad idea? >> because as you eluded to, it will further encourage presidential candidates to fund their campaigns, exclusively through private donations. now, a lot of the candidates already are talking about foregoing public financing of election. but once you eliminate the possibility of presidential candidates using a public source of money, you are effectively saying that presidential campaigns should be financed by the biggest of big money institutions and corporations in our economy, institutions and corporations, of course, that have business before our government. and as you suggested, cenk, when you allow these companies to invest in candidates like that, those candidates when they take office pay back that in terms of legislative favors. >> i want to show you the campaign committee contributions to john boehner in 2010, david, and get your reaek. insurance gave him $243,590. financial companies, $207,650. electric utilities, $168,000. when people give this kind of money to a politician, do you think they're doing this out of the goodness of their heart or doing it for a legislative payback. >> it's an investment. when you put money into a stock, you expect to get a return on your investment. the thing is john boehner has become a really good investment. i like to say that john boehner is the walking epitome of corporate personhood. he's a corporation mas kwer raiding as -- masquerading as a person. when money goes into the coffers of a politician, it's not because people think -- or industries think that the politician is a nice guy or a great guy. when that kind of money goes into a politician's coffer, it is an investment. especially remember, many of these are for-profit corporations or employees for for-profit corporations with interests before the government. they're investing that money in order to ultimately make a profit. so again, it is an investment for a return, a return in the case of legislative favors. >> and by the way, i want people to be clear. boehner didn't create the system. the system created boehner, right? so if we have a system where you put in private money and financial companies, or any kind of companies, corporations, multinational corporations not even beholden to the united states of america put money sboop that system, well, of course they're going to buy the politicians. who do you work for? david, you work for the guy who pays you, right? >> that's exactly right. remember, we're talking about corporations whose executives have a fiduciary responsibility, a legal responsibility to maximize profit for their companies. when these people are bundling money, packaging money from those employees, they are trying to maximize that private profit through the public politician and the public coffers. >> david sirota, thank you so much for joining us. clear as always. now coming up, sarah palin wasn't a fan of president obama's new slogan of winning the future. her latest youtube sensation next. hey, everyone's eating tacos outside bill's office. [ chuckles ] you think that is some information i would have liked to know? i like tacos. you invited eric? i thought eric gave you the creeps. [ phone buzzes ] oh. [ chuckles ] yeah. hey. [ male announcer ] don't be left behind. at&t. the nation's fastest mobile broadband network is getting faster with 4g. [ male announcer ] from jet engines that have fewer emissions, to new ways to charge electric cars, to renewable sources of clean energy, ecomagination from ge is advanced technology that's good for both the economy and the environment. ♪ it's technology that makes the world work. [ squawking ] ♪ and six slices of kraft 2% milk natural cheese for a dollar or less equals 22 grams of delicious whole grain that are good for you and your wallet. when you can have triscuit, why snackrifice ? [ malhis day starts thwith his arthritis pain.. that's breakfast with two pills. the morning is over, it's time for two more pills. the day marches on, back to more pills. and when he's finally home... but hang on; just two aleve can keep arthritis pain away all day with fewer pills than tylenol. this is steven, who chose aleve and 2 pills for a day free of pain. and get the all day pain relief of aleve in liquid gels. sarah palin made her way back to fox to pan obama's state of the union address. 91% of americans liked it. but here's a shock. she was not one of them. >> his theme last night in the state of the union was the wtf, winning the future. and i thought, okay, that acronym, spot-on. there were a lot of wtf moments throughout that speech. does she know what she's saying? because there's certainly a lot of wtf moments every time palin is in front of a tv camera. but that was just a start of her criticism. next she tried to go after the president's sputnik moment. >> that was oanother one of thoe wtf moments. his sputnik moment. he would aspire americans to celebrate. he needs to remember what happened back then with the rm toer communist ussr and their victory in that race to space. yeah, they won, but they also incurred so much debt at the time that it resulted in the inevitable collapse of the soviet union. >> all right, well, there's a couple problems with that. sputnik was launched in 1957, the soviet union collapsed in 1991, a full 34 years after they launched that satellite into orbit. in the meanwhile, they spent untold amounts of money on nuclear weapons and had an economic system that didn't make a lick of sense. by the way, i thought it was reagan that took down communism. that's going to get her in trouble with the republicans. but here's the best -- >> we need a spudnut moment. it's a coffee shop. generation to generation, family-owned business. not looking for government to bail them out and nak mare decisi -- make their decision for them. >> a spudnut reference. she said she needs a spudnut moment. okay, i'm going to leave that one alone. by the way, you want to know what president obama's real record on small business is? in september, he signed the small business jobs act that established a $30 billion lendilend ing program for community banks. he provided $12 billion worth of tax cuts inyou had cl s includi exclusion on capitals gains taxes. and finally, he let