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This has really been a great day. >> the only other allegations will be trumped-up allegations. there's nothing else. >> i love herman. is he the best? i mean, i get -- i have fun with him. he is a great, interesting guy. and thank you, herman, for helping pay for the event tonight. >> it's amazing. it gets better and better. joining us now is the former chairman of the republican party, michael steele. he is now an msnbc contributor. mr. steele, it's great to see you again. >> good to see you. >> for all the things that parties do not do well, one thing that parties do is they vet candidates....

Was actually just a big misunderstanding. then mr. cain, who had previously said he didn't remember any of the details, started talking about some of the other details. then they tried to bring other candidates into it. yesterday herman cain's campaign manager, the smoking guy, he said that rick perry, rick perry, owed herman cain an apology because it was rick perry's campaign that was behind the leak in the first place. well, today after mounting that great stand on that political hill, smoking guy backed down from that allegation that he had leveled against the rick perry campaign just yest...

And proud of it. >> that's the response to the scandal, so far. today in washington, another watch dog group has asked the irs to look into the alleged illegal funding of the cain campaign by unknown donors funneling it through a koch brothers-linked organization. again, while his campaign manager was running a state chapter of the koch brothers' conservative activist group americans for prosperity, the group's own financial records show it apparently illegally funding herman cain's campaign, illegally paying for campaign stuff. for things like herman cain going to a koch brothers event in okl...

It is a pop-up, ready-made national political operation. the only candidates who the republican party has been able to field to compete with mitt romney for the nomination this year are these guys. the seven dwarfs. i'm sorry, no offense to dwarfs. i shouldn't say that. but i mean, look. really? huntsman, santorum, ron paul, michele bachmann, newt gingrich, that's buddy roamer, and in case don't recognize him i think that's gary johnson. yeah, that's gary johnson. this is it. and if this is the best the republican party has to offer america in 2011, then the great question of herman cain's can...

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