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tv   The Ed Show  MSNBC  June 14, 2012 12:00am-1:00am PDT

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going on in these cases of priests abusing boys. never could get my thinking around it properly because of the hesitant manner in which the cases and allegations were reported. this case in pennsylvania, up in center county, is teaching us all whatmeaverting our glance after this. no more of that, thank god. from here on in the people are going to know criminals are going to pay. and that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. good evening, americans. welcome to "the ed show." i'm michael eric dyson in for ed schultz. senate republicans rolled out the red carpet for jp morgan ceo jamie dimon today. tonight, bernie sanders and i will not be as kind. this is "the ed show." and as ed would say, let's get to work. >> too big to fail banks are frankly too big to manage and too big to regulate. >> jpmorgan chase ceo jamie dimon takes heat from democrats and gets love from republicans. >> loss is unfortunate. you apologized for that. >> we can hardly sit in judgment of your losing $2 billion. >> you're obviously renowned, likely so i think, as being one
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of the most, you know, one of the best ceos in the country for financial institution. >> bloomberg's william cohan on today's missed opportunity with jamie dimon. senator bernie sanders why the american people are still exposed by the big bank casinos. the romney campaign goes silent on teachers, firefighters and police. we will show you exactly why mitt romney stopped talking. and could prejudice cause president obama the election in november? >> this is little hussein. >> a controversial new study on racism in america says it could happen. >> we've got to move forward to the future we imagined. where everybody's getting a fair shot. >> who needs reality television when you have the halls of the united states congress? what happened on capitol hill today should have been a step toward preventing another financial crisis that threatens the global economy. what we got instead was a two-hour display of political
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theater that could have won a tony award if it wasn't so predictable. jpmorgan chase ceo jamie dimon went before congress today to explain how his company suffered $2 billion and counting in losses by engaging in the same high-stakes trading that led to the financial collapse of 2008. the drama started right away, as dimon was confronted in the chambers by protesters decrying jp morgan's foreclosure process. >> why don't you face the people that you foreclosed on? >> stop foreclosures now! >> stop foreclosures now! stop foreclosures now! stop foreclosures now! stop foreclosures now! >> dimon was able to weather that storm. he wasn't too affected by mild prodding at the hands of senate democrats. >> we had a direct loss of maybe $1 billion or $2 billion.
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we would have been okay. >> you have a difference of opinion with many analysts in the situation who felt the aig bailout did benefit you -- >> they're factually wrong. >> this is not your hearing. i'm asking you to respond to questions. i also only have five minutes. >> you know, maybe dimon never lost his cool because he knew an all-out love fest was ready to come in his way in the form of swooning republican senators. >> you're obviously renowned, rightfully so, i think, as being one of the best ceos in the country for financial institutions. you missed this. it's a blip on the radar screen. >> we can hardly sit in judgment of your losing $2 billion. we lose twice that every day here in washington. and plan to continue to do that every day. >> the loss is unfortunate. you've apologized for that. you kind of walked us all through that. >> i mean, what is this? hey, brownie, you're doing a heck of a job? is this a senate hearing or an
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episode of the "bachelor"? it wasn't a big leap for republicans to turn their fawning over jamie dimon into a symposium on less financial regulation. >> one of the tensions we face here is we want to be sure that we are adequately regulating our financial institutions. we want to be sure also that we basically don't have the regulators running our private sector institutions. >> and who do the republicans want to help them establish a future of limited financial regulation? you got it. jamie dimon, of course. >> we're here quizzing you. if you were sitting on this side of the dais, what would you do to make our system safer than it is and still meet the needs of a global economy like we have? >> i guess if i could just leave you with any one thing, if you could come back this time next year and talk about how the industry has put together large scale best practice committees, that would help us keep banking
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as a private enterprise rather than as a government institution. >> did i hear you correctly there? >> we yes. >> did you volunteer to be part of that conversation? >> yes. we'll do whatever you want. we'll get apartments down here. let's go through in detail. we spoke to lots of people. >> wow. so the wolf that eats up the chickens is the one who protects the eggs. so here we are nearly four years after the worst economic crash since the great depression and nothing has changed when it comes to accountability. it was almost four years ago when the ceo of lehman brothers, richard fuld, sat before congress to push the blame around. lehman brothers was one of major culprits of the supreme lending crisis. the subprime lending crisis. today we had perhaps the nation's most powerful banking ceo take a browbeating from some democrats and heaps of praise from republicans. but there's no indication jp morgan or any other bank will end the derivatives trading and
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other risky gambles that could send us into another economic tailspin. wall street emerged from the financial crisis better than ever before. the same can't be said for people who lost their homes, their life savings and worse. get your cell phones out. i to know what you think. do you believe risky behavior by wall street will drive us into another financial crisis? text "a" for yes, "b" for no to 622639 or go to our blog at i'll bring you the results later in the show. joining me now, senator bernie sanders of vermont. senator, let's get right down to brass tax and knuckles. do you think anything good came from today's hearing, with the fawning celebratory rhetoric that emerged from the republicans on that committee? >> well, michael, i'm not on the committee, and i wasn't in the room, but from what i could hear, and what i read, it really was quite incredible. you have wall street which
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through their greed, their recklessness and their illegal behavior, caused this horrendous recession, leading to mass unemployment, people losing their homes, losing their life savings. we just have recent report from the feds, median family wealth between 2007 and 2010 went down 40%. this is the results of wall street. wall street over the years spent $5 billion in order to get deregulated so they could do what they're doing today and the result was the crash of our economy. and to exult and to praise and to honor the head of the largest financial institution, when it comes to capitol hill, is beyond my comprehension. >> yeah, well, it's beyond the comprehension of many people who thought that somehow financial regulation had at least been at the center of the kind of rhetoric of the senate to be able to at least protect the american people. do you think in light of this that we could actually end up
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having even less financial regulation than we do now? >> well, look, i think the real story is -- and everybody should understand this -- is this is not a question of congress regulating wall street. this is much more a question of wall street and all of their money regulating congress. through their lobbying, through their campaign contributions, and with citizens united, that situation is even more dangerous. look, michael. here's where we are right now. these are some of the issues that have to be addressed. you is six financial institutions today. jpmorgan chase being the largest. assets equivalent of two-thirds of the gdp. write half the mortgages, two-thirds of the credit cards. if teddy roosevelt were alive today, he would say, i would agree with him, let's break them up. you have banks charging working people 25%, 30% interest rates on their credit cards. we should be addressing that issue. the incredible conflicts of
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interest at the fed. jamie dimon, head of the largest financial institution in this country, sits on the new york fed and during the financial crisis his bank received over $300 billion in low-interest loans. you think there's a conflict of interest there? you think we should deal with that? so the issue now is does congress have the guts to stand up to the most powerful entity in the world, which is wall street and their money? >> well, it's a question that is not inconsequential. let's take a listen here. mitt romney spoke at a business roundtable in washington today. >> i will halt all the obama-era regulations and carry out review of those regulations and get rid of those that are not meaningful or cost jobs in this country. we have too much regulatory burden. >> i don't know, bernie sanders. senator, that scares me. how dangerous is this position? >> it is, once again, almost beyond belief. we are where we are today
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because wall street fought for deregulation, fought for the end of glass steagall, fought to allow commercial banks to merge with investment banks, merge with insurance company. to allow them to be able to sell worthless products without the kind of proper regulation to know what's going on. the end result is they drive us into a recession and then mr. romney says the solution is to deregulate them even more. let them do even more of what they do. the bottom line here is that what we need is a wall street and financial institutions that cease being the largest gambling casino in the world and start investing in the productive economy in america and start helping us to create the jobs we desperately need. >> all right. senator, thank you so very much as usual. bernie sanders. let's turn to mr. cohen, former at jpmorgan chase, author of "money and power: how goldman sachs came to rule the world."
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thank you for joining me, my friend. >> my pleasure, michael. >> somebody who used to work at jp morgan, what did you take away from today's testimony? how did it register to you? >> it really registered. the thing that lingers in my mind, michael, how did jamie dimon let this happen? he's known as a micromanager, he was a micromanager when he worked at citigroup, he was a micromanager at bank one. he was a micromanager when he came into jp morgan state. he even stopped the use of black sedans at night when bankers work late. he is a serious micromanager and yet he let this chief investment office with $350 billion of the bank's cash reserves be invested without so much as going to an investment committee meeting in that division to regulate, to figure out what was going on. it's like he said, i'm going to let this ina drew, the chief investment officer who since resigned, i'm going to let her
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do this. i have a lot of faith in her, i'm paying her $15 million a year and i'm going to let her do this. unfortunately, it's completely out of character for this guy to let her do who she wanted to do without his supervision. i don't understand it. they didn't answer it today. >> i was going to say, we have no shred of evidence to suggest any hint that he might have done this because, look, i'm overburdened on this end, going to take care of other things that demand my attention. this is something she needs to pay attention to but as a micromanager certainly this is a central operation of the company there and it seems to me if you don't take care of this particular part, everything else goes out of kilter. >> obviously this was a division making a ton of money. as much a $5 billion over the years. this is the first time they suffered a loss. clearly, though, this is something, i think what he's not saying here, what he didn't say
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to the senators and what they didn't ask and maybe the house of representatives on june 19th will ask this question. what he did answer was, you know, why he let her do this. and clearly this was done at her -- at his direction. he really wanted this money to be invested in higher yielding assets and it was paying off for a long time without anybody really knowing it. when they lost money, that's when we find out about it and now, of course, we're all sort of suffering from this. >> sure. well, he went on cnbc, that is mr. dimon after his testimony. he talked about whether he'll lose compensation because of the losses. >> my comp is completely set by the board of directors. 100% set. i assume they'll incorporate this in how they evaluate me. i'll leave that for them. it would be inappropriate for me to tell you what the board is going to do. >> it's not merit based, not
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based upon our performance. is it? this is what the rest of regular americans have to do. based on that statement, do you think dimon will go home with less in his pocket at the end of the year? >> it's going to come down to the kind of performance jp morgan has the rest of the year. what they're saying inside jp morgan in the second quarter is they're going to perform very well despite this loss. if jamie dimon put up the numbers like last year, $20 billion a profit, he'll end up with the $23 million he had in income. >> aren't we in the same place before when the financial crisis first hit and we talked about all the lessons we would learn and the extraordinary hand wringing we did? aren't we really back deja vu all over again here? >> thank you, michael. you're absolutely right. nothing is going to change on wall street. bernie sanders is absolutely right. because the incentive system on wall street has not changed. bankers and traders on wall street are rewarded to take
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risks with other people's money. you saw that with the chief investment office at jpmorgan chase. they took these crazy risks. until we make bankers and traders and executives of wall street firms have skin in the game again like they used to when they were private partnerships, nothing is going to change on wall street. >> wow, you're doing with opc, other people's cash. william cohen, thank you very much. >> my pleasure. thank you. remember to answer tonight's question at the bottom of the screen and share your thoughts on twitter @edshow. i want to know what you think. up next, austerity now or austerity ow? the real risk romney's plan poses to teachers, cops and firefighters. we'll be right back.
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coming up on "the ed show," mitt romney says it's absurd to say his plans will kill jobs for public workers. we'll break down just how his policies would cut funding for teachers, firefighters and cops. will race play a factor in this year's y shows it did have an effect on the 2008 results. we'll bring you the details. his story became the inspiration for the movie "good fellas." we'll take a look back at the life of mobster turned informant henry hill. share your thoughts with us on twitter using #edshow.
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welcome back. here's a pop quiz. would mitt romney's economic plan kill jobs for teachers, firefighters and police officers? here's what mitt thinks. >> well, that's a very strange acquisition. of course, teachers and firemen and policemen are hired at the local level, and also by states. the federal government doesn't pay for teachers, firefighters or policemen. so obviously that's completely absurd. >> now, that's what he said. here are the facts. romney's plan would cut billions of dollars a year in funding for teachers, firefighters and police officers. and he would do it on day one. let's start with jobs for teachers. the federal government reportedly pays for about 11% of the nation's public school costs. the money comes from programs like title 1 and the individuals
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with disabilities education act. it comes from no child left behind, too. all of those federal programs fund the hiring and training of teachers. let's talk about the police. the community oriented policing services program, or c.o.p.s., has been directly funding police hires with federal dollars since 1994. the congressional research service estimates 117,000 officers were hired through c.o.p.s. last year. again, that's all federal dollars. firefighters get hired through federal grants under something called the staffing for adequate fire and emergency response program. about 3,400 firefighters will get hired this year thanks to federal dollars. here's where it gets tricky. mitt romney wants to shrink government and cut programs and he wants to do it on his first day in office but he won't be specific. so greg sergeant at the "washington post" asked the center on budget and policy priorities to analyze what we do know about romney's cuts.
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the center calculates romney's budget would require a 29% cut across the board. so federal programs that fund teacher, police, and firefighter jobs would take a $12 billion hit. if romney doesn't cut those, he's going to have to squeeze other programs. like medicare. there are two things to remember here, my friends. first, federal money does hire teachers, cops, and firefighters. second, romney's cuts could be devastating to the people we depend on the most. let's bring in r.t. rybak, mayor of minneapolis and vice chair of the democratic national committee mayor, welcome to the show. >> good to be here. >> now, given all the things we just kind of helped the american public understand, how could romney be so wrong on this? >> first, it's pretty remarkable a guy running for president wouldn't know that the federal government actually uses resources to put cops and firefighters on the street and
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teachers in classrooms. that happens normally. it happened especially when the economy collapsed. stop and think about this. president walked into office when the bush economy collapsed. the president delivered a stimulus program that helped us put police on the street in minneapolis and police across the country. those programs continued. there's something called the safer grant that we just got that put six firefighters on the street in minneapolis and that's true across the country. now, i guess i can understand why mitt romney wouldn't seem to know about it because i met with a group of massachusetts mayors a few months back. they just said that this governor romney was frankly clueless about how to work with cities and local services. the most basic form of government is to educate a kid to keep your kids safe, to keep the house from burning down. you bet, we should have a partnership on that. it's not flush times, but the
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fact of the matter is mitt romney would remove cops from the streets, firefighters from the street, teachers from the classrooms. i consider that dangerous. >> yeah, pretty much dangerous. how much do you think -- go on, i'm sorry. i was going to ask you -- go on. >> the thing that's happened is in tough times mayors have to make tough decisions. we've all had to cut back. there's no doubt about it. you're, we're 4,100 employees in minneapolis when i took over and sadly we have 3,700. we've all cut back and had to make tough choices. >> sure. >> what happened, however, the president stepped up and said, look, in the tough times let's help you hire back a firefighter whose job was lost or put a teacher back in the classroom. it's so important to remember during the election. that mitt romney can stand on his high horse and pretend what he wants done. the president came into a crisis. he lifted out a hand to mayors
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who deliver services to cities across the country. i'm down here at the mayor's conference in orlando. we all get that. mitt romney doesn't. that's why i don't think he should be president. >> let me ask you this. what's at stake for him to make that denial? obviously there's political capital to be derived from such an assertion. you're telling us local governments depend to provide teachers, firefighters, police officers support. his political denial has some advantage. what is it? >> mitt romney is trying to paint this picture he's a quote/unquote job creator who in the private sector created all these jobs and government doesn't create jobs. there are two problems with that. number one, he laid off a whole boat load of people in the private sector. when he was in massachusetts, he did the same thing to the firefighters, the teachers and the police officers. what really matters if you like your cop, you like your firefighter, if you like your
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teacher, in tough times you have a president who helped keep them on a job and a guy running for president in mitt romney who'd take them off the job. pretty clear choice to me. >> right. no doubt. r.t. rybak, thank you so much, my friend. >> thanks.
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obama votes in 2008 even though he won by a comfortable margin. it could be a factor in a much closer election. that's next. a form eric scott administration official is blowing the whistle on florida's voter purge. he reveals the operation was mismanaged from the start. we'll have the latest. welcome back to "the ed
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show." senator barack obama won the presidency with 53% of the vote, a healthy 7 percentage points more than senator john mccain. mr. obama won a larger margin of the white vote than any democratic presidential candidate since jimmy carter. but an analysis of google searches shows race was a factor in the 2008 election. according to a "new york times" article written by a doctoral candidate in economics at harvard university. the author analyzes google searches to determine where racial anmis is most heavily concentrated in the united states. the highest searched rate showed up in west virginia, western pennsylvania, eastern ohio, upstate new york, and southern mississippi, for example. the voter compared that to areas candidate obama may have underperformed in, the actual election and found a direct correlation. in fact, he claims racial animus caused president obama 3% to 5% of the popular vote. let's turn to ari melber, correspondent your "the nation." with google we're revealing our trues or so the thinking goes. people are caught unaware, off guard and revealing their true selves. do you think there's something
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to this study that reveals the true inclinations of human beings when it comes to the issue of race? >> what we see online, the study looked at the incidence of terms like the "n" word that sees a word turns out appears a lot more in google searches than out of their mouths in public. occurs as much as lakers or migraines, popular words that might be googled. that gives you context of the study. the "new yorker" cartoon, a dog surfing the web. no one would know if you're a racist dog either. the study shows there's a correlation, which is not necessarily causation, that in areas where people were searching these racially derogatory determines it seemed that then-senator obama was underperforming as compared to other areas. >> sure. well, there are a number of, you know, variables here. that was an area of focus. there are other variables to be considered here. so would you consider other variables in judging whether the
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conclusions are correct? are there other elements that play here that you think, well, might mitigate against the conclusion or at least make it a little bit more complicated? >> i do. i think for starters we have this electoral college which is very undemocratic. so a huge effect on turnout and how people vote is whether they think they're in a very contested area. so we have a lot of states that are less contested. and where you might see someone underperforming because there's a sense that your vote didn't matter. >> right. >> which might also correlate with the search materials and other things. the other point is, if you look at what underperformance means in this study, what you basically have is a thesis obama would have gotten more votes. you hit the nail on the head in the opening. i worked on john kerry's campaign. barack obama got a larger share than other previous democratic candidates. barack obama did do well among
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voters who happen to be white. the study says there actually should have been something more on the order of a 17-point margin for obama. >> right. >> well, here the researchers, the political scientists who did this research may not be as good as our plain old politics. i don't think most politicos would have thought -- reagan in his re-election against mondale got an 18-point margin. i don't think most people looked at john mccain as a candidate whose formability was on par with mondale. >> the author is saying without racial animus obama would have had -- you say that's not credible. he raises question of whether racial animus might be less overall after four years of the country being familiar with a black person. do you think obama's presence instigated greater acceptance or in one sense has instigated a greater backlash against -- >> i think it's backlash. i think there's a really
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important point here. ed schultz has talked about it on this show, so have you, which is there was a political benefit to john mccain and many of the republicans suppressing some of that energy for a general election audience. going into wait. the language was, there were exceptions but it was generally i would argue better than what we saw in 2009 and 2010 when there were appeals to a narrower audience midterms audience and some elements of the tea party. part of the tea party is concerned about big government and is not a racial component. other parts we've seen unfortunately have a big racial component. what we've seen is the shape of the electorate has an incredible effect on the pressures that are brought to bear. now we're back into a general electorate model. i don't think mitt romney for pure self-interest wants to go down the same roads. that's the last point i would make. you can have racial problems
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without people literally voting against you on race. the delegitimatization of this president and policies that he has that have nothing to do with race like health care being turned into another element -- >> the erosion as his integrity as a human being. >> that's an area where we've seen race play out. it may not hurt him in the voting but definitely constrained we talked about his agenda and ability to break through to the public. >> all right. thank you so much, my friend. there's a lot more coming up in the next half hour on "the ed show." stay tuned. >> quit blaming the president from four years ago. >> the president taking his jobs plan to the people again. republicans can't stand it. >> nobody wants to hear him whine and complaining. >> the big panel takes on the sabotage of the american economy, next. you're going through this in a fair way. that's happening. >> rick scott continues to embarrass himself on his failed voter purge. >> the right way of doing it is the way we've been trying to do it. he was the mafia icon behind one of the great movies of all time. >> as far back as i can remember, i always wanted to be a gangster. >> mafia foot soldier turned informant henry hill. >> you got out of line.
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tomorrow president obama will make the case for another term in order to undo the damage done by the bush administration. reuters reports that mr. obama will argue a romney presidency will bring the country back to the failed policies of president bush. romney surrogate tim pawlenty was dispatched to attack president obama's approach. >> president obama including in his speech tomorrow goes back and blames president bush. it's like the old garth brooks song, "long neck bottle, let go of my hand." quit blaming the president from four years ago. he's had the helm, the con, the control for four years. nobody wants to hear him whining and complaining about what somebody did or didn't do four, five years ago. he's the president. we're not going to re-elect him because he got a participation ribbon. you have to do something. he's the participation ribbon president. >> i don't know, it seems it's the wrong country song. it could be, you know, george
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strait, "all the exes live in texas. that's why i live in d.c. let's bring in krystal ball, and guy, for town hall. pawlenty fails to mention objectionism which seems to be the point crying out here. how is this an effective argument for the right wing? >> it's interesting. governor pawlenty -- i don't disagree with governor pawlenty. i don't think we should be running against george bush. the country already looks at george bush's presidency as pretty much a debacle. let's vilify the people who are actually the villains. look at the senate republicans. democrats take over the senate. we have a chart from this from talking points memo. democrats take over the senate. what happens? filibusters jump. the 111th congress, from in the 80s per congress to 137.e're already at 87. every single bill is being filibustered. the only thing they're not filibustering, post office namings. in the house the president goes before the congress, calls them into session, sends up a jobs
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bill, addresses the nation. they pass two pieces of a massive jobs bill. and people are sitting around going, where are the jobs? i'll tell you where the jobs are. they're sitting in congress. 535 of them of which half of them are republicans and they're the only ones that care about their own jobs. it's kind of embarrassing. >> right. >> stopping him at every step of the way. >> krystal, do you think that's an effective strategy to shift the way jimmy williams suggested from a focus on bush to failed practice of present republicans, that is more of a powerful target? >> well, i agree in a sense. i think that is the right approach. and give the american people some credit, too. you know, recent survey, recent focus group in ohio and pennsylvania found that they by in large understood that a lot of problems we're facing were because of the bush administration. so we don't necessarily have to keep hammering that point. but i think the president has been making the case that
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congress has been obstructionists, that they have failed to pass the american jobs act, that they failed to act on the economy. and the american people i think understand that as well. but we need to be more forceful in pushing that point. you know, when the jobs number came out recently, that still showed private sector jobs growth, but not anywhere near what we want or what we need. that is not a reflection on the president's policies. the president hasn't been able to pass anything for the past two years since the republican congress was sworn in. that's a judgment on the republican obstructionism. >> that's two for obstructionism. are you going to make it a trilogy? do you agree republicans are intentionally sabotaging the economy? >> there are two separate issues. i'd be delighted to go back and debunk some of this obstructionism canard language we just heard. i want to go back to your original question which had to do with president obama and this
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apparent new strategy to go back and attack president bush. i think the irony here at least from a messaging standpoint is this president's re-election slogan is one word. forward. and looks like he's intent to look backwards. the recriminations and blame at the previous president. so that's the irony. the more substantive problem i think he has is an interview he gave with matt lauer in 2009 when he said, if we don't get this done, meaning we turn the economy around, in the next 3 1/2 years, we're looking at a one-term proposition and just today his own white house press secretary said this economy has not recovered. so this is his own standard he's up against. i think looking back to his predecessor and trying to assess blame and point the finger totally contradicts his own slogan. >> guy, to your point, i think this election does very much turn on the economy as you well stated, but republicans understand that which is why
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they have a great incentive to do everything they can to stand between now and recovery. i know you're a free market guy and believe in the power of incentives. their incentives are very much in that direction. >> let me ask this question. >> i disagree. >> guy, let me say this, though. given what jimmy and crystal have said and what you just said about the canards you want t demythologize. do you believe, out of their own mouths, they indicated, their very first, if you will, responsibility was to keep obama from becoming a second termer, that obstructionism is an easy assignment after that. their goal is to road block anything he does. out of their own mouths. how can you not acknowledge that? >> first of all, i reject the entire premise. virtually both parties look at 25 million americans out of work, underemployed, having given up looking for work. they're suffering. paul krugman called the current american condition a depression. everyone in this town wants to
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help fix that. >> we're talking about premises, what they actually said. we only have a few seconds left. what about what they said? they said our job is to keep him from becoming a second term president. >> miss mcconnell said that. the senate republican leader. >> newt gingrich and others in their meeting on inauguration day. >> right. of course republicans want to defeat a democrat president. stunning, right? >> what about the filibuster numbers, guy? >> i would be happy to answer these questions. there are two problems with the obstructionism -- >> there have been a record number of filibusters in this particular contest. it's not just about rhetoric. >> can i finish? >> it's about procedure -- >> the numbers are the numbers. >> yeah, yeah, let me first of all point out that the republican party -- the jobs act that you guys talked about didn't just die in the republican house. it died in the democrat senate, not because of a filibuster. the democrats were on record
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admitting that they did not have a simple majority to pass this president's job act in its entirety even though the republicans did pass five elements of the president's jobs act. that's point one. point two, and this is so crucial -- >> got to hurry up. >> -- the white house is pretending like the first half of this presidency didn't exist. when democrats had full, huge majorities in both houses to do anything they wanted, republicans could not have sabotaged or obstructed anything if they had wanted to and they didn't. they passed obama care. >> we'll reconvene this panel and get a hat trick out of you somehow. >> let's do it. >> thank you all very much. a former florida secretary of state reveals major flaws in the state's voter purge operation. we have the latest next. up next, a former florida
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up next, a former florida secretary of state weighs in on the handling of the state's rge. stay tuned. you're watching "the ed show" on msnbc. [ male announcer ] if a phone rings at your car insurance company
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the detective voter fraud that you prosecute and put people in jail for may be one number, but there's a lot of
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voter fraud out there you can never catch because it's so easy to do. >> voter fraud statistics are limited only as much as your imagination. >> welcome back. that was the "daily show" taking aim at governor rick scott's plan to purge 2,600 voters from florida's voting rolls. it's caused a lawsuit from the department of justice and bitter fighting within the state. now in an interview can the "miami herald" former florida secretary of state kurt browning reveals how mismanaged the plan was from the start. he says the trouble began after homeland security denied florida's request for its citizenship database. the elections division compared its database with the department of highway safety to try and find noncitizen voters. browning knew cross referencing two huge databases would only compound the errors within them. the list they ended up with consisted of 87% minority voters. how convenient for the governor. browning said, i didn't feel
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comfortable rolling this initiative out. something was telling me this isn't going to fly. we didn't have our is dotted and ts crossed when i was there. he didn't trust the list because his agency wasn't doing the checking. he told the "herald" we were not getting firsthand data. i wanted to make sure the data was good if it went out under my name. the information was never sent out under browning's name, but was sent out in april after ken detzner took over his post. rick scott attempted to discuss the bogus data yesterday. >> we did it based on the database we had from the motor vehicle. we took 2,600 names. we did the name. first off, we know based on that we have people that have registered to vote that aren't entitled to, they're noncitizens. they voted. that impacts races. we can't allow that to happen. >> so now former scott administration official has blown the whistle on their makeshift voter purge operation. department of justice will almost certainly use this
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against them in their lawsuit. so now it's only a matter of time before florida wises up and stops their purge. or they are forced to by the department of justice. tonight in our survey, i asked you, do you believe risky behavior by wall street will drive us into another financial crisis? 99% say yes, 1% say no. his life was the basis for the movie "good fellas." now the mobster turned informant henry hill has died. we'll take a look at his life, next. those surprising little things she does
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as far back as i can remember i always wanted to be a gangster. ♪ i know i'd go from rags to riches ♪ >> to me being a gangster was better than being president of the united states. >> never rat on your friends. and always keep your mouth shut. >> being somebody in the neighborhood that was full of nobodies. >> hey, mom, what do you think? >> you look like a gangster. >> he was a brooklyn mobster turned fbi informant. the world got to know henry hill through actor ray liota's portrayal of him in the movie
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"good fellas." >> what are you doing? >> what? >> what do you do? >> i'm in construction. >> after a storied and troubled life, henry hill died after a long illness at age 69. hill wasn't born into the mob but fell in love with the culture at an early age. >> in my neighborhood where i came from in brooklyn, they're the guys with the suits and beautiful rings and women. >> your father was getting up, going to work? >> yeah. the whole block was like normalville. >> after becoming a high roller wise guy, and an associate of the crime family, hill was arrested in 1980 your drug trafficking. fearing for his life, he agreed to cooperate with the feds. his testimony led to 50 convictions. hill ended up in the witness protection program. hill was eventually knocked out of witness protection after committing several crimes but soon got to revel in the notarity that martin scorsese's masterpiece "good fellas" gave him, based on the book "wise guy." documented hill's life in the book and believed henry hill was
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an ideal but troubled subject. >> i just think it was very difficult for him, i know, to go from the life of a gangster into the life of, as he says in the book, i get to live the rest of my life like a shnook. >> hill's life ended in a los angeles hospital. his partner telling cbs news hill went out pretty peacefully for a good fella. i'm joined by vito, private detective and former undercover organized crime investigator. thank you for coming on, my friend. >> thank you, michael. >> now, hill was lion iclionized for the life he lived. did he turn his life around after the glamour and glory of the crime life he led? >> yes, he did, michael. i had the pleasure the last few years of speaking at panel discussions across the country with him. former fbi guys, former mob associates. he did a lot of good. i've been in his company when he
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would tell young people that came up to him and said, henry, you're my idol, i want to be just like you. he would really let them have it and say, you don't want to be like me. live a good, clean life. stay away from organized crime. he traveled the country to police departments and fbi teaching them the is and outs of organized crime. monitor it better, how they could watch. i'm proud of the henry hill i knew the last few years. >> no doubt. there was a great deal to repent for i suppose because he admitted he was obsessed with mob culture at an early age. why do you think our culture in general, can i add myself, is fascinated with these lives? >> i love watching the movies, myself, but, you know, it's glamorized. and henry hill is the first to tell you it's a horrible life. i worked undercover organized crime. i see what happens to people. most of them wind up dead or in jail for the rest of their
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lives. it's -- and young guys get caught up in that. they want to be just like these guys. and hopefully more guys like a henry hill and myself will tell these guys, it's a dead end street, mike. >> sure. look, lie cut a deal with the government, he saved his own life. how valuable is that testimony he gave? >> it's extremely valuable. he put 50 people in jail, 50 people away. not only that, what you need to understand, and the viewers, he would have been killed anyway. so you have a choice of being killed by your associates, or working with the feds. and that's what he chose to do. >> wow. 20 seconds left. he lived the rest of his life under his own name. sold paintings on ebay. boy, is that norman rockwell of the gangster life? >> yeah, he enjoyed doing that. people would line up. believe me. i was at many events. they lined up outside. >> all right. thank you very much. >> thank you. >> that's "the ed show." i'm michael eric dyson in for ed schultz. ezra klein in is filling in for rachel maddow tonight. good evening, ezra. good evening, michael. how you doing? >> doing fine, my friend. good to see you. >> and you. thank you, michael. thks


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