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The next governorship race, for the next legislative race. it would be seen as a really inappropriate, illegitimate effort to rig the rules and i think that they'll back down probably for that very reason. >> this does seem to be, again, dividing the republican side into the yahoo caucus and the non-yahoo caucus. those are highly technical terms, mind you. right away there were a couple of state senators in virginia, republicans, who came out and said we're not going to go for for that. >> bob mcdonald. >> and if -- >> he is -- maybe that math wouldn't work. >> he is trying to move. and so i t...
>> michael we began this in a cloud of outrage, and it ended marching us optimistly under a patriotic manner. >> away from craziness. >> away from the yahoo caucus. >> michael waldman, thank you, as always. >> my pleasure. >> coming up, in the aftermath of the 2008 financial crisis, the treasury department created guidelines limiting compensation for executives at bailed out companies. but what good is a rule if you can't break it? we'll talk pay and financial deregulation just ahead. this is america.