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And, heads i lose. and taxpayers have been put in the position where they had to make a choice a couple of years ago, either we let the entire economy crash because of irresponsibility on wall street or alternatively, we end up having to pony up money. speaking of ponying up money, savannah, as everybody who covers washington, you especially know that both parties feed at the trough of wall street when it comes to raising campaign money. is this president tiptoeing now, not just against some republicans aboard, but he knows by name a lot of people on wall street and he doesn t want them giving him a hard time when he comes back for money in the next campaign. oh, i don t know about that because i think it s where the rubber hits the road, right? he s still going forward with his financial regulatory reform that a lot of bankers don t like. he said to john harwood in that interview i thing he dodged the question of what he would give back or whether he was embarrassed about receivin ....
Suggestion is, look, the classic situation is, you get money from some corporate interest and then you go and do their bidding in government and here s an example of him doing precisely the opposite. but i thought the tone in john harwood s interview was notable and i think that we ll see something along those lines tomorrow when he makes this speech at cooper union in the shadow of wall street. it s not going to be one of these barn burners. he s not going to put the screws to wall street. he s going to say, can t we all get along in one form or another, saying it s in your interest to get behind reform. don t fight us. join us. chris go ahead, john. reporter: you may remember a famous quote where some politician said if you can t take their money and date their women i m editing the quote. you are. reporter: you aren t worth a darn of a yeah, that s a california phrase and i love it well. the question is, is he tough enough to keep asking for the money? and that s a ....
Situation in which tails you in and, heads i lose. and taxpayers have been put in the position where they had to make a choice a couple of years ago, either we let the entire economy crash because of irresponsibility on wall street or alternatively, we end up having to pony up money. speak of ponying up money, savannah, as everybody who covers washington, you especially know that both parties feed at the trough of wall street when it comes to raising campaign money. is this president tiptoeing now, not just against some republicans aboard, but he knows by name a lot of people on wall street and he doesn t want them giving him a hard time when he comes back for money in the next campaign. oh, i don t know about that because i think it s where the rubber hits the road, right? he s still going forward with his financial regulate or reform. i think that he dodged the question whether he would give back or whether he was embarrassed about receiving that money from wall street. but what ....
We all know this that it was kind a murky situation in terms of the public reaction. it was, at best, a 50/50 proposition in terms of an immediate crowd appeal. it seems like this time the president is dancing on a floor that people want to see him on, which going after the wealthy people that may have misused their power on wall street. does he have a little lighter step right now, is he a happier guy going up to wall street than he was for fighting for health care? reporter: yeah, i think that they ve recognized the populist feeling that s going on in the country right now is with them, anti-wall street. so they re also happy because they have a good economic story to tell. unemployment, there s not a lot of good news there. this is something affirmative they can do. they can say, look, we re cracking down on the banks, we re tighting up some of the worst practices. we re shutting down the casino. so the president may use conciliatory language but bottom line, they re saying, wall ....
Because a counternarrative that has come up in the last year. a lot of people started to conflate the act. the $70 billion act with the bailouts of wall street. so in a lot of ways the president was getting lumped with that kind of mr. bailout narrative. so this is a way for him to say, i m fighting back against wall street. i m trying to crackdown on them. and frank lie, that s why democrats were not freaking out when there were 41 republican senators signing on a letter in opposition last week. they felt like at the end of the day, republicans are going to get cold feet, a few will peel off and we re going to get our bill. chris you couldn t dream up a fight that the white house would want more than this fight right now. well, is the president going to you re telling me, though, he s going to go up there more carefully than i might have thought of two days ago. well, i think the the level of the rhetoric may vary according to how much resistance he s getting from the ....