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To persuade them to incorporate corporations. in a certain sense, obama today facing squeezing of the middle class, giant mergers, antitrust problems, the inequality of rich and poor, has to repersuade america, government, all of u have a role to work on these together. if we don't do that, the programs he argues for aren't going to have real legitimacy. >> do you think the republican party is as bad now, being owned by wall street, as the republican party teddy roosevelt inherited? >> the incredible think, you think about, here we are 100 years ago and roosevelt had to fight a party. you had ...

Mammoth mergers, the trust you're developing. that was the threshold argument to persuade them to corporainco corporations. in a certain sense, obama today facing squeezing of the middle class, giant mergers, antitrust problems, the inequality of rich and poor, has to repersuade america, government, all of us have a role to work on these together. if we don't do that, the programs he argues for aren't going to have real legitimacy. >> do you think the republican party is as bad now, being owned by wall street, as the republican party teddy roosevelt inherited? >> the incredible think, you thin...

Against? >> well, the incredible thing is you think about here we are 100 years ago and teddy roosevelt has to fight a party where at that time you had guys who were actually representing the sugar trust, representing the copper trust. they would be called the senator from maine is the copper trust guy. the senator from virginia is the railroad guy so it was much more blatant than it was then but argument that government has a role in order to deal with these inequalities had to be fought then and still has to be fought right now, and i think what was so interesting about the speech is that te...