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To wall street in temples of policy and withhold donations if he doesn't? >> at this point he figures the donations are going to the republicans anyway. he had a lot of wall street contributors during the '08 campaign. they're not there now. in a way, what does he need their money for? he has the bully pulpit, the megaphone. he has a megaphone at a time of crisis in the country when they can only turn to one guy, him. >> ron suskind, author of "confidence men." and my friend who i don't see enough. it's nice to have you here. >> it's great to be here. >> will you come back soon? >> any time. ...

About it. and -- but it's not that those people don't exist. it's not that there aren't good people on wall street. does feel like the system is a little screwed up. >> but if you take ron -- if you take the new book "confidence men" seriously, basically what ron -- what ron suskind is saying. >> right. >> is that when this moment happened the new president, president obama, pretty much was surrounded by all of the senior, nonregulators from the previous clinton administration. >> surrounded by wall street. >> he wasn't surrounded by the cutting edge billy beans of the investment world who the...

Go to great lengths to avoid. >> what does it tell you about him? what's it tell you about a guy that can't stand up there? >> excuse me? >> yeah, go ahead. >> well, in terms of texas i think historically we've been a state, been an anti-government state, but i think what has finally happened here is that people are seeing that government can do some good things, and now they are not around. for instance, during the forest fires, you know, because of cuts, there weren't enough people to fight the fires, and i think this is where suddenly these anti-government people are going to experience a l...

With me. they felt the tough middle period where much of the news is was past. >> so do we all. >> some people are saying, no, no, this long tough period hasn't ended after the debt ceiling debacle. >> quickly the ending year. in the early part of this year we thought we were to the end of the bad times, end of the receptior recessi recession. second dip? going to be one? say i don't know. >> i don't know. >> name of the book "confidence men." when i return, how should president obama run for re-election? how is he going to do it? how is he going to win? go to the base on the progressive lef...

the pregame chatter when i was at the fox news debated in orlando this week wasn't about the candidates, it was about the lavish spread put on by the co-sponsor of google. everything from shrimp on a stick to a smoothie bar to a guy mixing root beer floats. but the post-game chatter was about whether rick perry had blown. it "politico" going so far with their headline "texas toast?" at least it was a question mark. it was the ankors at cnn who peppered perry with difficult questions and tried to foment a fight with mitt romney. >> governor perry, governor romney has been hammering yo...