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Republicans spent the last 48 hours hammering the president for this clip. the problem for them is this. it's the rest of what obama said. here's the full context. >> i think the trick is figuring out how do we structure government systems that pool resources and hence facilitate summary redistribution because i believe in redistribution at least at a certain level to make sure that everybody has got a shot. how do we pool resources at the same time as we decentralize delivery systems in ways that both foster competition, can work in the marketplace, and can foster innovation at a local level ...

As well. the inability to admit this was not a great week for whatever reason, and then to also give this counterattack bringing up a video 14 years ago of president obama, the obama campaign says it is an act of desperation. many others have said it's taken the president's words out of context when he was a state senator. we have the entire video. i want to play this 1998 video, this redistribution video as it's been referred to by the conservatives and romney campaign. let's play it. >> i think the trick is figuring out how to structure government systems that pool resources and, hence, faci...