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Detailed text transcripts for TV channel - MSNBC - 20110617:01:52:00

money otherwise you on the have rich guy candidates? this is actually a filtering device for who gets into public life in america that i don t think we think enough about. it came know when i had a friend running for congress. he said look, there s two options. you can quit your job, right? but then you have to pay yourself through the campaign and then it looks kind of shady because you re cutting yourself a check through the money you re raisi raising. or you can keep some sort of job but that job is going to create all sorts of cliktsz. so the best option is just to be independently wealthy so you can spend a certain amount of time just on the phone raising money and going around talking to voters. and if you look at the percentage of people, particularly serving in congress, who are millionaires who have these vast stores of wealth, you see a larger and larger percentage of them are in fact extremely wealthy people. and that is part of what we are doing right now in the current s

Detailed text transcripts for TV channel - MSNBC - 20110617:04:51:00

improper dependence. it is an opening for some sort of systematic corruption. and i think in the case in which you are getting a mass a large check. we don t know the amount, the dollar amount, but i m sure it s quite large. from the health insurers. even though the fec has basically said candidates can do that, it doesn t violate campaign finance law, it seems clearly to violate the spirit of the fact that you do not want to create conditions under which people who might be president of the united states, owe a large part of their personal income to some interest that has a huge vested interest in their decisions. so i think it s incredibly problematic. and i m sort of surprised it s not a bigger scandal. on the other side of this, there is i m thinking about mitt romney having told voters in jest in new hampshire today that he could really feel their pain because he was unemployed, too. unbelievable. he s like this multizillionaire investment candidate. poor guy. is the

Detailed text transcripts for TV channel - MSNBC - 20110617:08:51:00

quite large. from the health insurers. even though the fec has basically said candidates can do that, it doesn t violate campaign finance law, it seems clearly to violate the spirit of the fact that you do not want to create conditions under which people who might be president of the united states, owe a large part of their personal income to some interest that has a huge vested interest in their decisions. so i think it s incredibly problematic. and i m sort of surprised it s not a bigger scandal. on the other side of this, there is i m thinking about mitt romney having told voters in jest in new hampshire today that he could really feel their pain because he was unemployed, too. unbelievable. he s like this multizillionaire investment candidate. poor guy. is there a risk you create a situation in which it takes someone a couple years to run for president and unless they re independently wealthy you need to afford them a way to make money otherwise you on the have rich guy

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