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national election. we had left the 1960 election, which he lost narrowly to john f. kennedy with bitterness. in a sense, the election had been stolen from him. this allowed the demons that he always had within him to play during elections. >> it's about lust for power and absence of morality. >> it was all about holding on to power. no one can find out about this, whatever it takes. >> when the president does it, that means that it is not illegal. >> i told the american people i did not trade arms for hostages. >> there will not be a cover-up. there will not be an abuse of power in t...

you're in the situation room. it's part economics snapshot, part political football and there's only three more jobs reports coming out before the november election. the latest one released today has something for everybody. the labor didn't reports better than job gains in july. the unemployment rate still picked up a notch. dan, how does all this play out on the campaign trail? >> reporter: for mitt romney it allows him to say see, i told you so. unemployment still going up. it's still above 8%. what the president is doing is not working. the president was putting the spotlight o...