Detailed text transcripts for TV channel - MSNBC - 20091015:02:12:00 :

Detailed text transcripts for TV channel - MSNBC - 20091015:02:12:00

this? could that be the strategy here, threaten the exemption, restrict it in some ways but don't kill it so you always have that ax to go to or will it have to be ax time? >> it may have to be ax time. it's interesting chuck schumer's leading the parade here, the senator from new york. because it's new york and other states like connecticut and a couple other states, that have always played a huge role in the regulation of the insurance business. they don't want to give that up and schumer being from new york probably has some local interests and wouldn't want it to be given up. but the fact he's pushing as hard as he can now means all bets are off with the insurance business. a lot of other stakeholders remain at the table with rahm emanuel there in that room at least by proxy. but the insurance industry has declared war on the congress, and that's going to be a defining element from here on out. >> speaking of that table, why is senator snowe getting a seat at the bill merger table? >> by the way, in honor of "montsy python," i want to say that looked like a video clip of

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