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I think, to outrage, knowing that their job could be on the line if they don't vote the way the boss wants them to. mr. reich, good to have you with us tonight. do these ceos care more about their employees or their bottom line? >> ed, there's no question. they care not only about their bottom lines, but they treat their employees as costs to be cut rather than assets to be developed. and that is the new corporate code, in many corporations. and you see the revolt of these plutocrats. i mean, they are now saying because they are so worried that the possibility is that their taxes might be rais...

Outrage." this would take many employees, i think, to outrage, knowing that their job could be on the line if they don't vote the way the boss wants them to. mr. reich, good to have you with us tonight. do these ceos care more about their employees or their bottom line? >> ed, there's no question. they care not only about their bottom lines, but they treat their employees as costs to be cut rather than assets to be developed. and that is the new corporate code, in many corporations. and you see the revolt of these plutocrats. i mean, they are now saying because they are so worried that the pos...

It was a good 200-year run, but then it devolved. >> people are saying it now. >> people are starting to say it now. but the historians will write that eventually. >> i think that's one important thing to say. i think i share all of these. but we've been here before. we were here in the gilded age, our political institutions were much worse. our senate wasn't elected. the politicians were much more in the pockets of the robber barons than they are today. but with the populist movement and the progressive movement, we actually rebounded. so u.s. institutions showed some resilience. now the key ...

Countries, and it's like starting to move now, and i am not entirely sure where we come out. >> let me look at the political trend tracker. we have been talking about the soldier id'd behind the killings in afghanistan, and now the puerto rico primary, and bob woodward, the reality is that mitt romney is a weak frontrunner and he can't put away what a lot of people think is a weak field, and you hear from senator mccain his views on the accumulating toll on romney as a candidate and the party by the time they get to the general election. what are you expecting in the next week? >> well, not ju...

A lot of people. >> i don't see that, no. i will say that, first of all, we're very fortunate to have such a brilliant, dedicated values-based president of the united states. what i have seen sitting at that table i think all americans would be very proud of fighting in a values-based way for middle-income families every step of the way. dao vu that speech as somewhat of a turning point? >> i think it was a very important speech, because i love what teddy roosevelt did, the truth buster and age of the robber barons, coming forth, talking about the middle class. in the speech that teddy rooseve...