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If he can get 807,000 names by july 18th the idea would go before voters. it would still have to get through congress. california residents would be better served by more localized state government. >> the company raising it's hourly rate here in the u.s. to $9 this year. that rate will increase to a minimum of $10 an hour in 20 1r5. president obama is applauding the company. they are urging them to keep it to 7.25 an hour instead of raising it to 10.10. the increase would lead to employers hiring fewer workers. that brings us to look who is talking. he explains the president's

Storm sandy and they saw the recovery, they saw your governor. what is this lake for you? you just went through your livelihood being destroyed. rebuilding and now this is happening. >> actually, the bigger problem was the battle with building regulations in new jersey. a very difficult, built to the sxoeds the fight with the insurance company. in my experience, if you didn't have the resource to fight insurance companies, they came in and really destroyed people. i felt bad for the middle class had a couldn't fight. and they had to take 10, 15 cents to the dollar. i was very upwet with obama ...

>> it's the same story all across wall street. we went and dug up the numbers, and jpmorgan, the same story. last time around they gave $807,000 to the obama campaign, this time it's 183. so it's really the same ratio, and there's a lot of reasons for this. it's also surprising because normally a lot of these folks are democrats, that's why -- megyn: people think wall street's republican because it's rich and there's that line that the republicans are for the rich, but it's very democratic. >> i always think people have a lot of guilt about making a lot of money. this is all anecdotal, but the...