think happened to that obama and suddenly he s supposed to have this $1 billion campaign next year? how did that happen? i m a little concerned. the slippage started before he became president because you remember during the campaign he actually said that he would participate in the presidential funding system, and then ultimately he became the first candidate in history not to do that. and then said, well, when i get into office, i will fix the the presidential system. that hasn t happened, and i don t think it s not meant to be a partisan comment, but we haven t had any serious action from the white house to fix it, and now we re in the midst of an arms race post-citizens united. i m just trying to think about companies. i mean, they are basically, run for shareholders by director who have a fiduciary obligation to those shareholders. voluntarily taking themselves out of the game that their competitors are involved in, just could be i m just saying the whole notion of
obviously to deal with that issue. between the ever growing arms race that is the auction nature of the process and the citizens united ruling which unleashes untold capital to bid in those auctions, projections now range as high as $6 billion in necessary funds to win the presidential race. that s what will be spent and combined in the presidential race. that s before you even get to the balance of the elections, 94% of which are decided by who raises the most money. our next guest points out that the pay to play system pumped half a billion dollars in untraceable money into the 2010 elections. he is now leading a group of corporate executives. he does not look like a z partier, so to speak, but might well be. dedicated to restoring transparency and integrity. cleaning up the toxic impact of money in politics. here with us now is charles cobb, the president for the committee for economic
on in the show, but one thing that i do know is the get money out campaign must be across the totality of the political spectrum. it s an american issue, not a political issue. it can t be left or right or even a center issue. this is an issue of principle that we all share together, and unless we together, all of us, get money out of our politics, the debate we all need and desperately want on jobs, health care, banking, energy, war, cannot and will never get past a green curtain of influence that gives us a government sold at as you. you ve heard of the arab spring. well, my friends, behold the american autumn. thousands at this hour at wall street with major labor unions joining the march for the day. in just a few minutes the unions will march from their foley square staging area to the park. there s massive walkouts across colleges, occupation is spreading, they day, montana, north carolina, southern california, and, of course, right here in new york and dozens of other
the debate we all need and desperately want on jobs, health care, banking, energy, war, cannot and will never get past a green curtain of influence that gives us a government sold at as you. you ve heard of the arab spring. well, my friends, behold the american autumn. thousands at this hour at wall street with major labor unions joining the march for the day. in just a few minutes the unions will march from their foley square staging area to the park. there s massive walkouts across colleges, occupation is spreading, they day, montana, north carolina, southern california, and, of course, right here in new york and dozens of other campuses. a growing number of occupiers adopting get money out as their core objective to end the bought congress. we welcome them in that congress that agrees with us. congressman ron paul and presidential candidate is our first guest. you and i both know money has a toxfying effect on the nature of the debate. your thoughts on what you re witnessi
history. we will begin the officer elections to elect the rnc leadership the next two years. reporter: getting rid of michael steel opened up a rift among republicans. on one side, rnc members who wanted to turn the page on his sometimes controversial chairmanship. the rnc lost credibility with donors, large and small. small. this committee needs a quiet, effective, experienced chair. i urge your support for the next generation of leadership to our party. reporter: others question why republicans would remove a party chairman who brought the gop back in two short years after the victories by brama and the by barack obama and the democrats in 2008. what corporation changes the head when you just had the biggest win? he put us on the path to victory in 2010, and i believe that he will see us through vick or in 2012. when somebody makes sweet music, what is a good conductor you don t get rid of the conductor, and he s made sweet music. reporter: in the en