John Tailing News Today

Comcast business built for business. so its my last day in new orleans, and im on my way this morning to tca to give them the checks from the fund-raiser that we had at johns house. and we raised $31,000. i mean, we raised more than a lot of people make in a year. this money will help 30 people who work at tca make $10.10 next year take care of their families a little better, have a little

Though hes part of the 1%, he made his millions representing the 99% as a victims rights attorney. he has collected millions of dollars from insurance companies on behalf of victims of hurricanes katrina, ike and sandy and runs the same law firm credited with taking down big tobacco. but john is also an entrepreneur, always looking for the next big profitable opportunity. recently, he has partnered with several other 1 percenters who are investing several billion dollars in an oil and gas projec...

Home in the 9th ward to find out why he thinks its been so difficult to catch a break. >> what were the circumstances you think that led you from where you were in detroit to here? >> it was two main things. one was my house payment changed from right around $500 a month to right around $1,100 a month. and right within a few months of the time of that happening the work started to dry up for the union, you know. it just wasnt there. >> as a foreman for his union back in detroit, john says he was...

Point in monopoly where you win. you just keep going. >> and when john says he keeps going, sometimes its in one of his custom-built race cars. thats right. while some people find time to hit the gym in the morning, john hits the racetracks. >> well, what i like about this is its hard to concentrate on anything else. cant worry about work. cant worry about the problems. concentrate just on this. so when you are in a good groove and going fast is that your talent would get you beyond the rich guy...

Old. >> 8,000. >> who is going $10,000. whos got 12? >> i love my wife. >> you men should feel terrible. 14 five. how about $15,000? >> johns going $15,000. >> i love my wife the most apparently. >> $17,000. >> youre still saving money. >> $18,500. >> and $18,500 going once, 18 five going twice. sold to our amazing host. lets hear it for john. [ cheers and applause ] one more thing. as i said, the largest donation was $1,000. who in this room would be willing to donate $1,000 right now to help t...

>> nice to meet you. >> if we can just have you take a seat. this is the application form. >> okay. >> john has come to tca to sign up for the supplemental nutrition assistance program, also known as snap, or food stamps. today, 1 in 7 americans rely on food stamps to keep from going hungry and in louisiana a whopping 1 in 5 depend on the program. >> have you signed up for assistance before? >> i have not. >> so what brought you in for assistance today? what was the deciding factor? >> i mean, t...

You know? like the scourge of drugs and violence, man. it is just absolutely pervasive. >> so do you see that in your neighborhood here? >> i see it up and down the block every night. and you know, i cant afford to live anywhere else, man. you know what i mean? >> i mean, i feel like he personally feels kind of broken. and hes, like millions of people in this country, hell go through it on a daily basis. >> what do you say we go this way, huh? >> yeah. >> but just because opportunity has drifted...

There are things that work, and things that dont. >> but that is the thing about getting ahead, it requires taking the risk that might work or might fail. and failing is a luxury that many of us simply cant afford. for john taking a risk with his new oil and gas venture may be the thing that pushes him into that billionaire status. so were taking to the skies to check on the site for his new project. >> you have to understand what is an opportunity. what is a door thats opened for you. youve got...