report on sheldon adelson being ready to, quote, donate limitless money to a pro romney super pac. if these are the promises we re hearing from someone like adelson now who was the big money thrower behind newt gingrich s campaign, keeping him in the primary as long as he did, what kind of money to really be on the table when we get closer to what is expected to be such a close election? you re looking at a situation where romney and his allies will have more than a billion dollars. these are unprecedented sums. normally campaign finance makes people s eyes glaze over. here you ve got rich individuals, super wealthy individuals who put a face on that and they have an agenda of their own and at some point people are going to start really finding this very uncomfortable. who is this campaign about? is it about the candidates driving their own organizations or a bunch of wealthy sort of oligarch figures who think they can control democracy using the power of their checkbook? i think thi
[ cheering ] in true london fashion. [ male announcer ] now citi thankyou visa card holders can combine the thankyou points they ve earned and get even greater rewards. this morning a stark reminder of why republican super pacs are beating the democrats. the $10 million, billionaire casino owner sheldon adelson and his wife have given to the pro romney super pac restore our future brings their total to republicans to $35 million. now he is suggesting he is willing to put in as much as a hundred million to the campaign. that is a stark contrast to the democrats largest donor studio executive jeffrey catsenberg who has given about 2 million. all the cash won t go just to the presidential race though. there is also a war for control of the house and senate. msnbc s richard lui has a closer look. good morning, chris. though getting a lot of
in a presidential election run thauf weekend. we should tell you that riot police, military personnel have taken up positions outside the court. ben wedeman joins us in just a few moments with the latest on this. as soon as we get ben wedeman, we ll bring it to you. back to the u.s. you know the old saying, when it rains it pours. for the obama campaign it appears to be a gully washer. lately the president has had some bad poll number, some bad headlines, some democrats are expressing doubt about his message and his chances come november. big donors are sitting tight with their money. for mitt romney, several things appear to be going right. he is raising a lot of money and his poll numbers have been getting better. a little more than two hours from now, both men take to the stump in the battleground state of ohio with dueling key economic speeches. they won t be face to face, but you can bet that they won t mince words about each other either. so, cnn s jim acosta joins us
i m wolf blitzer. you re in the situation room. the largest bank of the united states is called to before congress to explain a $2 billion loss that one lawmaker compared to russian roulette. jpmorgan chase ceo jamie dimon appeared before congress saying he could not defend or justify the trades that ultimately imploeded. liz zi was there watching it all unfold. and it was very dramatic. it was very dramatic. i ve known jamie dimon and covered jamie dimon for a long time, wolf. usually when he comes to washington this is a town where he s received with open arms, even at the white house. this position was a little unusual for him. hi, jamie. how are you? i m good. he usually loves the cameras, but he got more of the rugby scrum. they re the job destroyers. this man is a crook. we ve let a lot of people down. and we are very sorry for it. he apologized for losing billions, took some blame, but embracing more regulation, maybe not. we think don t make sense an
there is no end in sight. there are surrogates who feel emboldened by their importance or their perceived importance coming in to the race. then by their affiliation with the campaign to speak their mind in ways that are totally unhelpful to the candidate they re purporting to be helping like donald trump. donald trump, the number one reason why the romney campaign sort of continues its affiliation with him is because of this perceived fundraising ability he has. i don t know if he is that big of a draw. certainly personally he is not that big of a check writer. he has only given 2,500 to the romney campaign and has not to date given any money to the romney super pac. i would convenient you are to say that romney is being hurt more by trump than he is being hemmed. i don t think you can necessarily say the same about anna wintour though obviously republican wos like to use her affiliation with the obama campaign to suggest that he