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Detailed text transcripts for TV channel - MSNBC - 20120330:04:08:00

democrats, voted against them and collectively received $5 million in campaign contributions from big oil. the 47 senators who voted to protect the oil subsidies today, they got this much money from big oil. nearly $25 million. if this were a game of clue, i think we just solved the mystery. big oil with the wallet in the cloak room. big oil is a big industry, not a lot of pop and mom but mainly the top oil companies domestically. some of most recent data show the top five oil companies have 95% of the capacity. it s a concentrated market. when teddy roosevelt started breaking up these markets, he wasn t concerned about primarily the thing we talk about and obsess over now, the way those market concentrations affect consumer prices. no. what teddy roosevelt worried about was the way that concentrated economic power

Detailed text transcripts for TV channel - MSNBC - 20120330:01:09:00

breaking up these markets, he wasn t concerned about primarily the thing we talk about and obsess over now, the way those market concentrations affect consumer prices. no. what ted dy roosevelt worried about was the way that concentrated economic power would skew the political system. if our political institutions were perfect they would absolutely prevent the political domination of money in any part of our affairs. there are not a few public men who, though they would repel with indignation an offer of a bribe. in other words, terry roosevelt was worried about what we just saw today. even though we have something everyone agrees is bad policy. when it comes down to brass tax, we can t get rid of it. why can t we get rid of it? you re looking at it. teddy roosevelt s nightmare come

Detailed text transcripts for TV channel - MSNBC - 20120330:08:09:00

when teddy roosevelt started breaking up these markets, he wasn t concerned about primarily the thing we talk about and obsess over now, the way those market concentrations affect consumer prices. no. what teddy roosevelt worried about was the way that concentrated economic power would skew the political system. if our political institutions were perfect they would absolutely prevent the political domination of money in any part of our affairs. there are not a few public men who, though they would repel with indignation an offer of a bribe. in other words, terry roosevelt was worried about what we just saw today. even though we have something everyone agrees is bad policy. when it comes down to brass tax, we can t get rid of it. why can t we get rid of it?

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