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Gingrich maintains that he never lob idea for them. >> he advised them. >> they basically gave him an effective $20,000 a month consulting contract. which is pretty reasonable and normal in this business. but, what newt has to do now is not just treat this as a financial scandal because i don't think it is. he has to explain what he did -- what advice he gave them because if it turns out that in 2002, newt gingrich wrote them a memo saying don't give these mortgages out. then it becomes an asset for him. becomes a positive for him. >> you know those memos are around. >> newt gingrich would lov...

Gingrich maintains that he never lob idea for them. >> he advised them. >> they basically gave him an effective $20,000 a month consulting contract. which is pretty reasonable and normal in this business. but, what newt has to do now is not just treat this as a financial scandal because i don't think it is. he has to explain what he did -- what advice he gave them because if it turns out that in 2002, newt gingrich wrote them a memo saying don't give these mortgages out. then it becomes an asset for him. becomes a positive for him. >> you know those memos are around. >> newt gingrich would lov...

I got 30 seconds. occupy wall street dead, right? >> done. done. >> bill: fin issue? >> when you occupy you can't occupy. by the way, the tea party is not dead. the tea party will live again in two weeks when boehner and the deficit commission recommend tax increases. coming soon to this neighborhood. >> bill: dick morris, everybody. quick reminder you can buy morris' new book for kids "dubbs goes to washington." >> dubbs is a dog. >> bill: you are stepping on your own plug. shut up. directly ahead, the man who got michael jackson acquitted of child molestation will enter the no spin zone to t...

Congress today. >> hauerly you can understand the frustration of taxpayers who are paid bonuses while the bus is driven through the gates of hell and then you want us to pay bonuses while the people change the tires. >> i can certainly understand the frustration. >> here now to analyze the political implications of this the purveyor of dick morris.com mr. morris. look, these guys say if you want financey and freddie to be turned around you have to pay the money to the head guys because you are not going to get the talent to do it unless you pay them competitive salaries to what they could make...

This is not a political force you can measure. this is a hurricane and we will see how long it goes. >> bill: dick morris .com has the interview cain. we were able to get an interview with recruiting perry. only i didn't do it, juli did. we hope you stay tuned for those reports.