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Detailed text transcripts for TV channel - MSNBC - 20121228:14:09:00

enviable balance of the capital. would you make that claim today? i would say i m spending that capital on the war. not only did plummeting support for the war erode bush s second term, but he also overreached with the social security privatization push. his reform then collapsed under the weight of the other issues. they bungled the response to hurricane katrina and relations with congress soured to the point that when bush nominated harriet miers to the court, many republicans didn t even fall in line. after three weeks, bush was forsted to withdraw her nominati nomination. in 2008, his approval rating had sunk to a miserable 27%. congress had often been a thorn in the side of second-term presidents. it s a real question whether president obama will be able to forge a closer working relationship with congress this time around. then of course, there s the second-term scandal. clinton s second term dominated,

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