Transcripts For CNNW Erin Burnett OutFront 20111005 : vimars

CNNW Erin Burnett OutFront October 5, 2011



help elect other true public servants to office. well, why now? scott conroy of role clear politics and co-author of "sarah from alaska"s has spoken to the palins since the decision. you've been rushing to get on the phone with us. so what can you tell us? >> erin, great to be here. i spoke to some members of palin's inner circle tonight and two points, one, they say that the family was a big issue, that they, you know, couldn't get the entire family on board for a presidential run and that was a big reason that made her say no in the end. another thing is that, you know, she really was seriously considering this. i'm told as of a few weeks ago she was having meetings in arizona with some staff to talk it over. some of the political consultants that she brought in really, i think, brought home what a time commitment it would be, how much stress it would put on her and her family and in the end decided against it. there is something she considered for a long time. >> interesting, scott. you've been saying she did have some very formal family meetings overthe past few days. >> yeah. i -- not necessarily over the past few days. she did have meetings both with family, and with staff to really go through the logistics of how she would do this. i was told by one member of her inner circle that one point, and this is several weeks ago that they had a meeting and this person had come away convinced she was going to do this, she was going to run. they had a plan in place to make her, you know, the go-to tea party candidate, sort of cast aside rick perry, if that was going to be his role. but in the end, you know, frankly, she probably looked at polls and said she doesn't look at poll but was she looked at numbers here and realized this would have been a very, very steep climb for her. >> looking at those polls and in a race between her and president obama, he would have handily beat her. since you followed her for so long, what does she do? replane a commentator on fox news, what does she do? >> yeah. i'm one that thinks that she is in a tough spot right now. even for doing that which she of course will continue to do. you know, she has a lot of very, very staunch supporters that have put in a lot of time and energy into, you know, helping out with the campaign that is not going to exist, people that have lived in iowa for months, you know, organizing on her behalf and going to be really tough, i think, for her to explain her decision to those folks because in he were so invested in this, so invested in her personally. a lot of these people think of her almost as a family member. it's something unique in politics. maintaining her base of support is going to be a difficult thing for her at this point and also, you know, of course with you know much of mainstream america and the media, people tend to write her off and the line now is like, well, she's strung us all along for this am of time. it's going to be hard -- i think she'll haven influence but she has to figure out a way to get back into this thing as far as even, you know, having an impact on the race, it's going to be tough. >> thanks so much. appreciate your taking the time. he's covered miss palin since the 2008 election and wrote "sarah from alaska." what will happen to all of the supporters? it's unusual in american politics, supporters loved her, viewed her as family, and now who they l. they vote for? kevin madden joins us, gloria borger joins us, michael duhain. you've had a busy few days. we've got a lot going on here. kevin, palin out, christie out. what is -- what is going to happen here? where will her supporters, those loyal supporters, go? >> well, look, i think it's -- i'm not sure how the -- how great of an impact this will have on the field yet. one thing i would say now is that there's no more folks looking to see if anybody else is going to get in. we've got the field, now it's settled. as loyal and united as sarah palin's supporters were, n. their devotion to her, they are not a monolithic bloc and they're divided on who to support. folks would say she fits the profile but a number of candidates try to fit the tea party profile. some of the support which has been dwindling over the last few months, if you look at the polls, it's somewhat minimal now. and if broken up among that field of tea party candidates whether it's herman cain, rick perry, or newt gingrich or rick santorum, whether or not it all goes in one bloc, that's unlikely. so i think it's -- probably a little bit more of a diluted effect on the field at large. >> gloria, i just looking at my blackberry, an e-mail, rick perry first candidate to put out a response. >> shocking. >> he says, quote, sarah palin's a good friend, great american, true patriot. i respect her decision it know she will continue to be a strong voice for conservative values and needed change in washington. he's the person you think would be the one to benefit, do you? >> he might. the end of that, it's unwritten, would be, p.s., please endorse me if you decide to endorse somebody in the long term, and i think that's by the way a big question out there. at some point, if this becomes a very divisive primary, if there are two front-runners would sarah palin in the enjump and in take a risk and see if she could become a kingmaker? look, rick perry has been losing some altitude with tea party voters. but tea party voters have been fickle. they've moved from candidate to candidate to candidate, whether it's cain one day, bachmann the next week, or perry, and that's because they're kind of looking around for this perfect candidate. and in truth, now that this field is settled, they're not going to find the perfect just o zinds whether there's somebody in the field they can get behind and try to beat barack obama. >> is there something in common here? a lot of differences between chris christie and sarah palin on a lot of issue but was both citing families, and their gut. and i'm curious what chris christie went through. is this just a decision about because of social media and the 24-hour media cycle and the miserable focus on one's pers personal life people don't want to do it? >> with christie it's a commitment he's made to folks in new jersey. he's had great accomplishments in 20 months in terms of restructuring long-term debt, one of the most consequential governor. >> would he had made a different decision had he known sarah palin would get out the next day. >> his decision based solely on his commitment to new jersey. >> the romney/cain, what we're seeing now, does this in your view change? is perry going to rise up, or is this not just a settled field but a field ultimately mitt romney or herrman cain? >> we're at the beginning of the process. we haven't had one contest we haven't reached iowa, we haven't reached new hampshire yet. the thing i would counsel against anybody over in too much on an overanalysis on where the race stands public opinion is not an event, it's a revolution. we're at beginning of the contests there's going to be a number of debates, arguments over the big policy issues and ultimately i think where you know someone like governor romney feels best positioned is that he's actually gone out and put together the best vision for the party and the reason that he can beat barack obama. ultimately herman cain, rick perry and others have to challenge governor romney on that and that's where you'll probably see the race go over the next few weeks. >> do not count rick perry out. i mean today we got the news that, for the last quarter, he's raises $17 million, was more money than mitt romney will have raised in that last quarter and when you have that kind of money, you're going to stay in for the long haul. >> mike, what about, though, when we look at the percent, they're saying don't count out rick perry. everyone says the field is settled. when you look at mitt romney depending on the poll, tied for the lead or the lead, 17% or 20% that is hardly definitive. can we be so sure someone else doesn't come in. >> herman cain has risen from no where to be a major player shows how unsettled the feel is. it's governor romney's to lose. he's a steady candidate. there are things he needs to do to solidify that. this may be a moment in time he can do that. numbers indicate it's wide open. thanks so much to all three of you. appreciate you all taking the time. still to come, the banks. now, the bank dozen not like washington's new rules. we know that. we look flood numbers. all of the fees they're slapping on us, they're making us pay way too much. we did the math. we've got a banker. new york magazine makes us take a pregnant pause when it comes to being original. seriously. super model christy turlington joins us discuss problems in pakistan, all of this "out front." in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ and here's what we did today: supported nearly 3 million steady jobs across our country... ... scientists, technicians, engineers, machinists... ... adding nearly 400 billion dollars to our economy... we're at work providing power to almost a quarter of our homes and businesses... ... and giving us cleaner rides to work and school... and tomorrow, we could do even more. cleaner, domestic, abundant and creating jobs now. we're america's natural gas. the smarter power, today. learn more at anga.us. constipated? phillips' caplets use magnesium, an ingredient that works more naturally with your colon than stimulant laxatives, for effective relief of constipation without cramps. thanks. [ professor ] good morning students. today, we're gonna... the number tonight, 1,430,372. that's how many more twitter followers president obama has than shakira. both have quite a fup the president as over so million, shakira un-9. why do emake the comparison? today, shakira appointed to president obama's advisory commission on educational excellence for hispanics. wall street protests are growing. new york, los angeles, seattle, san francisco, albuquerque, looking at shots of all of them now. something here reminiscent of the early days of the tea party. which actually shares some things in common with the wall street occupiers. they're both grassroots organization, from the ground up, both angry at washington. and while most participants are sincere, there is hate in both groups. most important, while on opposite sides of american politics, they agree on something huge. they both hate the bailout of the banks. and share animosity to the banks in general, which we think is a sign of a real issue because banks should be great for america. never mind what we do without atm and places to store our money. banks mean jobs. banks in america, and there are more than 7,000 of them employ almost 1.8 million americans. more than america's largest private employer, walmart. banks employ so many people that one bank's lay-off can skew the jobs report for the entire nation. talking about bank of america. which laid off 30,000 employees in september, almost a third of the nation's total planned job cuts for the month. we should be rooting for the banks. the problem is they make it really hard when they lash out at washington's new rules by slapping fees on consumers. and i mean there is a tsunami of fees. citi bank hiking fees, set to $20 a month for accounts between $6,000 and $15,000. bank of america, sun trust, $5 debit card fees. jpmorgan chase, testing $3 debit card fees. i asked tim geithner about this last night. >> the banks are blaming the reforms in government for everything. >> right. >> including lots of problems they, themselves, were central to causing and people are angry and frustrated with that. >> right. >> they want to see things changed. we're trying to make sure that we put in place the kind of protections consumers and investors deserves. there's nothing strange about the fact that banks are resi resisting it, pushing back, trying to weaken reforms and we'll push back hard. >> you're going to fight. >> we'll prevail. >> the banks say washington reforms have hurt them so much fees are the only way to make money. but that is not true. take bank of america. they are planning to put a $5 monthly fee on debit cards. and analysts who ran the numbers today for us tells us they will make 13% more money on that than they did before the regulations. and that's just debit fees. bank of america is also launching $9 monthly fees on some checking accounts. wow. russell goldsmith on the "out front" strike team, ceos and investors and entrepreneurs i picked to answer tough questions about the economy this season. mr. goldsmith, good to have you with us. when you look at these numbers, it is really -- it's really upsetting because it just doesn't feel right. and i want to ask you the first question, are you doing what bank of america and some of these other big banks are doing, which is charging debit card fees or increasing atm fees? >> at citi national bank we're not changing our fees at all. we're not putting in debit card fee charges and raising minimums. we made virtually no changes in the consumer fees in last 12 months. >> what is going on with the big banks and particular that analysis from bank of america even with the fees they've said they're doing they're going to make 13% more than before the regulations and financial crisis and that's before the new fees they're about to try out? >> well, you know, a lot of the big of the banks are showing a lack of sensitivity right now to the economic environment that we're in and to the kind of issues that the american people feel. look, the durbin amendment is not good law, it's price fixing based on no facts, no studies, it's not right. but they're responding to it in a way that at citi national and frankly a number of banks are not going to raise fees. we may disagree with the law but we understand the spirit of it and we're going to absorb the cost because it's the right thing to do for our clients. >> and explain to me why it is that some of the midsized banks, like yours, are not doing it when the big banks are. is this another case of they're just so big, they're too big? >> i don't think it's a question of they're too big. it's about their focus. citi national, a lot of midsizes banks, we're the local leader, we're the big local bank, we're connects to the community, we're focuses on meeting the needs of our community. one of the unfortunate things for the entire banking industry, and i applaud what you said about it at the beginning is the fact banks are vital engines of this economy. citi national, lots of banks are lending money, people are involved, weirdo na'r we're dou we're volunteering. >> what can the banks do, in general? we're looking at the fees here specifically, which i have a real issue with because they're saying they make up what they're losing on the regulation and when you look at numbers, at lest in the case we gave specifically, it doesn't appear to be the case at all but on top of that you have a in general it feels like animosity and a tone-deaf nature when looking around the country at people frustrated and angry at the banks. what should your industry do right now? is this a time where you should have all of the big bank ceos stand up and talk to proest i p to say we're patriotic and want to bill the country, too. >> we're trying to explain at citi national we're not doing what some of the big guys are doing. unfortunately this inappropriate law, this price fixing, got passed in the middle of the night, there are no facts, and nobody knows what the facts are, and the banks obviously can't sit down as a group and agree on pricing. that would be illegal. if this had been done in a more appropriate regulatory framework, maybe it would have worked out better but i think the best thing to do, like we're doing, is just leave your prices where they are, run your business, absorb this, at least while this economy's so tough and help america get through it, as we're all doing by making loans and providing investment advice and doing a bunch of things that are more importantly frankly than this but are being obscured by the issue. >> of course, the issue about loans is americans' perception of the lack of loans something we'll keep talking about. find out more about our strike team, cnn.com/outfront, let us know what you think of the bank fees and what those big bank ceos should do to be more pro-america right now. coming up, on passion on wall street, adding unions and growing in numbers. we'll talk to the president of the united federation of teachers. disturbing audiotape played at michael jackson death trial. >> what new york magazine said about us today. i habe a cohd. yeah, i toog nyguil bud i'm stild stubbed up. [ male announcer ] truth is, nyquil doesn't un-stuff your nose. really? [ male announcer ] alka-seltzer plus liquid gels fights your worst cold symptoms, plus it relieves your stuffy nose. [ deep breath ] thank you! that's the cold truth! we cover a lot of serious issues on this show. but here's one that's more seriously? this afternoon, new york magazine had fun at our expense comparing this to seth mayers on weekend update. they compared us as unoriginal. this month, "new york" magazine and "ebony" magazine released covers featuring very pregnant and very nude women. on the left, actress nia long on ebony on the right a woman in her 50s on "new york" magazine's cover. this seems unoriginal to us because in case you haven't kept count, it has been over 20 years since demi moore posed for the photo you're both ripping off, 20 years, seriously not that shoiking or interesting to put a pregnant woim on the cover anymore. i know you're going to say it's a tribute, but dozens and dozens of magazines have done the same tribute over the year. don't believe us here are a few of the most memorable ones. with a couple you might not be expecting. claudia schiffer, cindy crawford, melanie cass, monica ballucci, britney spears, eva, she-hulk, that was a good one. and leslie nielsen, yeah. okay, look i know how tough it can be to come up with new material specially when you're a monthly or weekly magazine. surery you can do better than that, seriously. >> this has been really? with seth and amy. >> i guess we all borrow the good ideas, seriously. and guess what, "new york" magazine? we were out front of you on the snl story. collect out our blog of the very segment from our rehearsal show september 26th, a week before we launched and nine days before your admittedly very fun noi shot at us, seriously. still out front, we talked to jon huntsman, and the disturbing audio played for the jurors at trial of michael jackson's doctor. and supermodel filmmaker christy and supermodel filmmaker christy turlington. en i triedhis. it's salonpas. this is the relief i've been looking for. salonpas has 2 powerful pain fighting ingredients that work for up to 12 hours. and my pharmacist told me it's the only otc pain patch approved for sale using the same rigorous clinical testing that's required for prescription pain medications. proven. powerful. safe. salonpas. confidence, with depend in color. now available in gray. looks and fits like underwear. same great protection. depend. good morning. great day. and here's what we did today: supported nearly 3 million steady jobs across our country... ... scientists, technicians, engineers, machinists... ... adding nearly 400 billion dollars to our economy... we're at work providing power to almost a quarter of our

Related Keywords

Sarah Palin News , Shakira Un 9 , Breaking News , Let S Go , Supporters , Role , Nomination , Letter , Mark Levin Radio Show , Republican , Decision , U S , Politics , Scott Conroy , Palins , Phone , Servants , Office , Co Author , Sarah From Alaska , One , Issue , Family , Members , Points , Couldn T , Inner Circle , Erin Burnett , Two , Thing , Reason , Staff , Meetings , The End , Run , Arizona , Some , Home , Commitment , Stress , Consultants , Something , Family Meetings , Member , Point , Meeting , Logistics , Person , Candidate , Tea Party , Plan , Rick Perry , Place , Cast , The Go , Numbers , Race , Polls , President Obama , Fox News , Replane A Commentator , Lot , Course , Spot , People , Folks , Campaign , Behalf , Iowa , Point Of View , Support , Base , Media , Family Member , Way , Line , Thanks , Impact , Election , 2008 , Wall , Gloria Borger , Sarah , American Politics , Alaska , Kevin Madden , Christie Out , Palin Out , Michael Duhain , Field , Anybody , The Field , Bloc , Devotion , Number , Candidates , Profile , Herman Cain , Whether , Newt Gingrich , Rick Santorum , More , Quote , Effect , E Mail , Response , Blackberry , Shocking , Friend , Banks Say Washington , Benefit , Change , Great American , Voice , Values , True Patriot , Somebody , Primary , Term , Big Question Out There , P S , Risk , Voters , Enjump , Kingmaker , Altitude , It , Truth , Kind , One Day , Chris Christie , Families , Social Media , Differences , Gut , Media Cycle , 24 , Personal Life People Don T , Terms , Focus , Pers , Accomplishments , Debt , New Jersey , 20 , Governor , Mitt Romney , View , We Haven T , Event , New Hampshire , Opinion , Beginning , Contest , Overanalysis , Process , Revolution , Vision , Someone , Issues , Policy , Arguments , Contests , Debates , News , Others , Money , Count , Haul , Mike , 7 Million , 17 Million , Everyone , Doesn T , Poll , Lead , 17 , Things , Feel , Player , Midsizes Banks , Bank Of America , Flood Numbers , Three , Rules , Fees , Christy Turlington , New York Magazine , Banker , Pay , Slapping , Math , Super Model , Future , Problems , Pakistan , Kids , Bailout , Futures , Strength , Buy Homes ,

© 2025 Vimarsana