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Detailed text transcripts for TV channel - MSNBC - 20121027:14:02:00

suddenly $26.86 doesn t seem so modest because $26.86 is how much both candidates combined are spending every second of every day this election cycle which is why on thursday, we cross a milestone in american politics. a big fat $2 billion milestone. the 2012 presidential election has officially become the billion dollar race twice. in the first two weeks of this month alone, president obama, the dnc and related fund-raising committees have raked in $88.8 million. not to be out done, mitt romney s fund-raising machine and his friends rauld in $111.8 million. what s all that cash buying? the candidates hope these dollars are going to buy your votes. in these ninl super heated days of campaigning, they are raining down e-mails on their donor lifts, multiple times every day. each message promises for a small donation, maybe 26 bucks,

Detailed text transcripts for TV channel - MSNBC - 20121027:14:01:00

as early as tomorrow evening from outer banks to new england. new york, pennsylvania, maryland, virginia and north carolina plus the district of column yeah have already declared states of emergency. a tropical storm warning is in effect for parts of florida. we ll have more updates on sandy later in the program. right now i want to turn to politics. this, my friends, is $26.86. $26.86, not a hunl amount of money. certainly not enough for a spiffy new iphone 5. it will get you plenty of itunes downloads. not enough to take the whole family to the movies, but you could probably treat yourself to lunch at applebee s. imagine that $26.86 compounded every second. that is $1,611.60 a minute. that s $96,696 an hour or $2.3 million a day.

Detailed text transcripts for TV channel - MSNBC - 20121027:14:03:00

Detailed text transcripts for TV channel - MSNBC - 20121027:14:03:00
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