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>> a political storm raging over president obamas redistribution comments. republicansen cyst the 1998 comments represent what the president always believed and still beliefs. >> i think the trick is figuring out how do we structure government systems that pool resources and hence, facilitate some row distribution because i actually believe in redistribution. at least at a certain level to make sure that everybodys got a shot. >> and now rush limbaughs sizzling response to president obamas contr...

That seems to be damaging the campaign? we have seen the response that theyre going to try. lets run the rncs ad pushing back at the 47% video. >> you were really talking about income inequality, which suggests redistribution of wealth. >> im going to interrupt you there. i actually believe in redistribution. >> if youve been successful you didnt get that on your own. i actually believe in redistribution. which suggests redistribution of wealth. >> if you have a business, you didnt build that. s...

A rapper who has admitted to selling crack and shooting his own brother. >> the president got a private sit down with a pirate yesterday in the oval office. >> squirrel, squirrel, squirrel. >> this morning we have a special guest with us, cookie monster is here. . >> on the internet he said he believes in redistribution. >> how do we structure government systems that pool resources and, hence, facilitate summary distribution because i believe in redistribution. >> that was recorded in 1998. >> m...

Republicans spent the last 48 hours hammering the president for this clip. the problem for them is this. its the rest of what obama said. heres the full context. >> i think the trick is figuring out how do we structure government systems that pool resources and hence facilitate summary redistribution because i believe in redistribution at least at a certain level to make sure that everybody has got a shot. how do we pool resources at the same time as we decentralize delivery systems in ways that...

Romneys obsessment -- still causing problems for his campaign. republicans are firing back. they are using a 1998 recording of then state senator barack obama talking of making government more efficient in a conference. >> how we structure government systems that pool resources and hence facilitate some redistribution because i believe in redistribution. at least at a certain level to make sure that everybodys got a shot. >> he said some years ago something which we are hearing about today on th...

As well. the inability to admit this was not a great week for whatever reason, and then to also give this counterattack bringing up a video 14 years ago of president obama, the obama campaign says it is an act of desperation. many others have said its taken the presidents words out of context when he was a state senator. we have the entire video. i want to play this 1998 video, this redistribution video as its been referred to by the conservatives and romney campaign. lets play it. >> i think th...

Chicago housing authority has not been a model of good policymaking and neither, necessarily, have been the chicago public schools. >> well, there he is, the state senator, a liberal state senator, pointing out deficiencies of government when it doesnt work. good critique there. this is what romney loves, they jumped on it, acknowledging shortcomings of government and how agencies are run that way. romney -- here in the case, obama uses the word redistribution to advocate for fairness. lets list...

Get passed a leak video featuring admittedly inelegant remarks. obama is trying to spin an older statement. chief white house correspondent ed henry on reaction to the presidents support for a polarizing concept. >> republicans pounced on obama pushing redistribution as a senator years ago -- >> i believe in redistribution -- >> carney said its desperate attempt for romney to distract from his own remarks on tape. >> his campaign is having a bad day or a very bad week. sometimes there are deb ra...

Independence day. this is not something i am just feeling alone. >> oh, come on. oh, come on. >> this could be the opportunity for romney and for that campaign to finally take the gloves off and take the fear off and just start explaining conservatism. >> as we try to resuscitate this notion that we are all in this thing together, leave nobody behind, we do have to be innovative in thinking what are the delivery systems that are actually effective and meet people where they live? and my suggesti...

Thing together, leave nobody behind, we do have to be innovative in thinking what are the delivery systems that are actually effective and meet people where they live. and my suggestion might be that the trick, and this is one of the few areas where i think there are technical issues that have to be dealt with, as opposed to just political issues, the trick is to figure out how do we structure government systems that pool resources and hence facilitate some distribution because i actually believ...