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Transcripts For CNNW Erin Burnett OutFront 20120210

outfront tonight, big, big, and bigger money in politics. upwards of $11 million will be spent on this year s election, according to the federal election commission. that would make it the most expensive election season in american history. but here s the dirty truth about american history. money always seeps into politics, and it has been going and going and going for a long time. take president mckinley s campaign at the turn of the century. even know that guy? railroad and steel barron s gave him the then insanely kingly sums of $6 million for his 18 - 1896-1900 presidential win. that would be a lot of money even now. president nixon was given $2.5 million by one guy, an insurance executive when he ran for president in 68 and 72. just two examples of what happens every time. over the years laws on campaign financing has tightened. but yet this is the strange thing. make it harder and you say you can t give money here and then it goes there, and more money gets spent ev

Transcripts For CNNW CNN Newsroom 20110520

netanyahu. the two world leaders very much at odds over the future borders of israel. the aftershock of arnold schwarzenegger s bombshell is now affecting his movie comeback. his acting career now on hold while he deals with his personal mess. speaking of bomb shells, a former teammate told cbs that lance armstrong took performance enhancing drugs. he says he has taken hundreds of drug tests and did not fail a single one. the former head of the international monetary fund can leave jail at any moment e has been staying at rikers island in new york indicted on several sex charges. his accuser, a maid at a manhattan hotel. susan candiotti is following this story. tell us what this man s life will be like once he leaves rikers. reporter: well, he has to stick close to home. when he eventually leaves rikers island, he will leave there under an armed escort. that s part of what the judge says he has to do. that s part of the bail agreement in addition to posting all this m

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