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Going to be up in this neighborhood, in manhattan, going to people saying, you see what the president did? he s blaming you, and if the president uses that in the fall campaign, believe me, the money is going to continue to flow less to the democrats and more to the republicans. the big problem, of course, is the country doesn t like wall street. they are mad at them. they are always mad at the rich guys when times are bad. they don t mind them when times are good, but when times are bad, they don t like them, and his politics are clearly in a blame game atmosphere. if you go out to kansas or go anywhere in the country, you want to blame the rich guys. want to be a real roosevelt out there, and if you re saying that s going to cause him more trouble in fund-raising. anyway, thank you, mark halperin, for jumping in here. thanks, chris. more about the decisive issue about the obama presidency, one number, the unemployment rate. you re watching hardball only on msnbc. truggle to c ....
john, we have a lot of viewers that came out of nowhere to vote for obama. they may not always vote. but they got out for this guy they re looking at now. they wanted him to be president of the united states. he is president of the united states. these are troubled waters this terms of the economy. will they get off to vote this november to off jng set the older white voters? we don t no the answer of that. if you go back to the 2006 totals, those were very good for democrats. that was a very, very good year for democrats. they can have the same percentage of white vote turning out and do fine, but they ve got to get these independent voters. independence versus democrats. obama will do fine with hard core democrats. the democratic party will do fine in these midterms. of course, obama is not on the ballot himself. it s the independents that they re losing. he s got to get them back. he s got to get into the game of ....
They re making it fast. are they just democrats because they grew up democrats? their mom and dad were democrats, and anyway they re reaching a crisis in their lives. they re realizing their self-interest is in otherobama, the most interesting and psychological political stories going today. there are lots of reasons wall street goes for democrats. first of all, they are the party in power. a lot are liberal on social issues or have spouses who are liberal on social issues. remember, the last administration engaged in a war that was not popular on wall street in iraq and ran up big deficits which wall street doesn t like. there isn t one reason. obama is also great in manhattan living rooms, and i think that helped him. bill clinton was the same way. they could come up to manhattan and go into the salons and just court people with their charm, their intellect, their ivy league degrees. but isn t it true that what they really want on wall street is lower taxes and less regulation? w ....
There s a word out there i got over the weekend that maybe this talk of $10 billion in escrow is just talk at this point. the law states under the statutes they have to pay out. that hasn t been changed. this side deal done with the president, that was sort of done extralegally if you will has no binding legal power. do we have any evidence john hofmeiester that they ll pay out no the claimants? i think they re very concerned about losing their license to operate in the u.s. the u.s. is one of the richest sources of future earnings groetd for bp as a company. i think it s $20 billion, chris. the $20 billion set aside drr 5 billion a year for four years. is that legal? no, it s not a legal ....
Chris. there s people who say, you know what, the country wants regulation on wall street. these men and women got rich, you know. they deserve whatever they get out of this bill. there are those though who think this administration is almost a crisis, not just because of campaign contributions, but if the president wants to move a lot of his agenda, immigration, energy, more on the economy, he ll need the support of people not just on wall street but in the wider business community, and right now, you re right. they are thinking about their self-interests, and the administration officials are frustrated. they call them in and have meetings with them and say what should we do, and they basically say cut our taxes. well, you know, you hear these stories like i do, mark. we all hear them that the president doesn t have any warmth for israel. doesn t have any warmth for business people. he s a liberal, progressive. looks out for the palestinians. he looks out for poor people out there. ....