WE'RE BACK.

WE'RE TALKING WITH HOUSEMINORITY LEADER NANCY PELOSI.

WHAT CAN WE DO?

HOW DO WE ADDRESS -- THERE MUSTBE A WAY FOR GOVERNMENT TO EARN

BACK THE TRUST OF THE PEOPLE WHOWANT DESPERATELY TO BELIEVE AND

HELP MAKE THAT ARGUMENT THATTHIS CAN BE FIXED.

>> WELL, I DON'T THINK WE SHOULDPUT ALL OUR EGGS IN A WEB SITE.

>> Jon: NO, NO, NO, I'M MAKINGA BROADER ARGUMENT.

THIS IS NOT JUST ABOUT THE WEBSITE IT'S ABOUT THE V.A., THE

WEB SITE, SOME OF THE FRAUD ANDABUSE THAT ARE IN A LOT OF

THESE.

THE FACT THAT THE OBAMACARE ORAFFORDABLE CARE ACT THAT WE

COULDN'T NEGOTIATE DRUG PRICESOUTSIDE OF THE UNITED STATES.

LITTLE THINGS THAT ERODE THECONFIDENCE OF PEOPLE WHO ARE ON

THE SIDE OF WANTING GOVERNMENTTO HAVE A ROLE AS A BALANCING

FACTOR AGAINST CORPORATE POWERBUT ARE DUBIOUS OF ITS ABILITY

TO DO SO IN AN AGILE ANDEFFICIENT WAY.

>> I COMPLETELY SUBSCRIBE WITHYOUR IMPATIENCE WITH THINGS THAT

HAVEN'T WORKED.

BUT THERE ARE PLENTY OF THINGSTHAT HAVE WORKED IN THE

AFFORDABLE CARE ACT.

>> Jon: BOOM, TALK TO ME.

NOW WE'RE TALKING MY LANGUAGE.

>> WE GOT THE MAJORITY ONE OFTHE SIX FOR SIX WAS TO MAKE SURE

WE HAD THE NEGOTIATING POWER FORTHE SECRETARY ON DRUG PRICES.

ONE THING YOU BROUGHT UP.

>> Jon: YES.

>> WE PASSED FIVE 406 WECOULDN'T PASS THE 6th 406.

IT WAS TOO MUCH.

WE'VE MADE PROGRESS ON IT.

THE PRESIDENT HAS SOME OF THATIN THE BUDGET TO HAVE

PHARMACEUTICAL COMPANIES PAYMORE.

I SHARE THAT FRUSTRATION BECAUSEIT WAS ONE OF THE PRIMARYTHINGS.

WE PASSED IT IN THE HOUSE BUTNOT IN THE SENATE.

>> Jon: WHAT WOULD YOU HOLD UPAS A PRISTINE EXAMPLE OF WHAT

I'M TALKING ABOUT ON THEPOSITIVE SIDE, WHAT WOULD YOU

POINT TO?

>> I WOULD SAY

THAT AFFORDABLECARE ACT IS TRANSFORMATIVE.

IT'S LIKE SOCIAL SECURITY,MEDICARE, HEALTH CARE FOR ALL

AMERICANS AS A RIGHT NOT APRIVILEGE.

HONORING THE VOWS OF OURFOUNDERS, A HEALTHY LIFE, THE

LIBERTY TO PURSUE YOUR HAPPINESSTHAT CHAINED TO A POLICY IN A

JOB YOU DON'T REALLY LIKE BUTFREE TO FOLLOW YOUR PASSION AND

ASPIRATION.

THIS IS A FABULOUS THING.

IT'S ABOUT WELLNESS, IT'S ABOUTTECHNOLOGY TO HAVE A COMMON

MEDICAL RECORDS THAT EVERYBODY'SHEALTH IS IMPROVED.

THE POOREST PERSON'S IN THECOUNTRY IS IMPROVED.

IT'S A GREAT THING.

IT HASN'T BEEN MESSAGEDPROPERLY.

THAT'S A FRUSTRATION I HAVE.

THOSE WHO HAVE DONE A LOT TOPASS THE BILL MANY OF USIN CONGRESS ARE TOTALLY UNHAPPY

ABOUT THE WEB SITE THING, NOTJUST BECAUSE, YOU KNOW, IT MAKES

GOVERNMENT LOOK BAD BUT BECAUSEIT'S AN IMPEDIMENT TO PEOPLEGETTING

THEIR INSURANCE FIRST ANDFOREMOST.

>> Jon: RIGHT.

>> THE CONFIDENCE IN GOVERNMENTTHAT WE AMONG THE HOUSE

DEMOCRATS WOULD LIKE TO PUTFORTH AND RELIEVE SOME OF THE

CYNICISM AND IMPROVE THE QUALITYOF THE POLICY IS REFORM HOW WE

CAMPAIGN.

WE MUST REDUCE THE ROLEOF MONEY IN POLITICS BECAUSE

THAT -->> Jon: WHY CAN'T YOU?

WHY IS THAT SO HARD?

EVEN FOR YOU.

A CONGRESS PERSON'S JOB TO BEQUITE FRANK SOUNDS HELLISH.

HONESTLY DOES.

I'VE BEEN READING THAT YOU HAVETO SPEND FOUR TO FIVE HOURS A

DAY FUND-RAISING.

THAT PEOPLE ARE JUST -- THEYWORK ON ISSUES BUT THEY HAVE TO

SPEND FOUR TO FIVE DAYS -- FOURTO FIVE HOURS A DAY

FUND-RAISING.

YOU YOURSELF CLEARLY STATED YOUWANT MONEY OUT OF GOVERNMENT.

YOU RAISED WHAT $30 MILLION THISYEAR.

>> YES.

LET'S TALK ABOUT THAT.

YOU HAVE TO RAISE MONEY IN ORDERTO WIN THE ELECTION SO THAT YOU

CAN PASS LEGISLATION TO DO FOURTHINGS.

I'VE ISSUED A DARE.

PASS LEGISLATION, DISCLOSE,WHERE IS THIS UNDISCLOSEDSPECIAL

INTEREST MONEY COME FROM?

THE PUBLIC SHOULD KNOW.

AMEND THE CONSTITUTION TOOVERTURN CITIZENS UNITED.

[ APPLAUSE ]THREE, THIS PAST WEEK WAS THE

FOUR YEAR ANNIVERSARY AND THATWAS REALLY A TRAVESTY OF

JUSTICE, THAT DECISION BY THECOURT.

>> Jon: SURE, SURE.

>> THREE IS REFORM.

WE HAVE A BILL WE'RE GOING TOINTRODUCE THIS WEEK THAT IS

ABOUT CITIZENS PAYING FORELECTIONS, PUBLIC FINANCING OF

ELECTIONS.

>> Jon: RIGHT.

[ APPLAUSE ]>> TO AMPLIFY THE VOICES OF

SMALL DONORS SO MEMBERS ANDPEOPLE WHO WANT TO RUN DON'T

HAVE TO DEPEND ON CALLINGPEOPLE.

THAT IT'S RIGHT THERE TO HAVEMANY MORE PEOPLE IN SMALLER

DONATIONS TO SUPPORT A CAMPAIGN.

AND THAT'S -- THERE, DISCLOSE,AMEND, REFORM AND --

>> Jon: YOU WERE THROWING OUTAN ACRONYM.

I THOUGHT IT WAS GETTING SCHOOLYARD CHALLENGE.

>> AND EMPOWER.

NOTHING SUPPRESSES THE VOTE MORETHAN THE SUFFOCATION OF THEAIRWAVES

BY BIG UNDISCLOSED MONEY.

IT CONFUSES THE MESSAGE ANDPEOPLE THROW UP THEIR HANDS AND

SAY A POX ON BOTH YOUR HOUSESWHY SHOULD I VOTE?

>> Jon: IF THAT IS THE ISSUE,IT IS NOT IN ANY WAY PART OF THE

CONVERSATION RIGHT NOW.

EVEN AFTER MCCAIN-FEINGOLD ITHAS ABSOLUTELY ERODED.

IT'S NOT A PART OF THECONVERSATION.

IT SOUNDS LIKE PIE IN THE SKY.

ANDHOW DO YOU CONVINCE PEOPLE THAT

EVEN IF THEY DID IT IT WOULD BEEXECUTED IN A MANNER THAT IS

FAIR AND NOT CORRUPT.

>> LET'S GET BACK TO YOUR FIRSTPOINT.

>> IT'S ABOUT THE DEMOCRATSGETTING OUT THE MESSAGE MORE

STRONGLY.

YOU WANT TO GET IT OUT THEREWITHOUT SAYING THE SYSTEM IS

CORRUPT WE HAVE TO HAVE CAMPAIGNFINANCE REFORM.

>> Jon: WHY?

WHY?

IT IS CORRUPT.

THE SYSTEM IS CORRUPT.

>> THE SYSTEM ISN'T CORRUPT.

THERE'S CORRUPTION IN THESYSTEM BUT IT

ISN'T CORRUPT.

>> Jon: IT FEELS TO ME LIKEIT'S UTTERLY OVERRUN BY MONIED

INTEREST.

I DON'T THINK THERE'S ANYQUESTION ABOUT THAT.

[CHEERS AND APPLAUSE]>> I UNDERSTAND WHY YOU THINK

THAT I DON'T SEE THAT.

I DO BECAUSE THE PUBLIC PAINTSEVERYBODY WITH THE SAME BRUSH.

>> Jon: TELL US WHAT WE'REMISSING.

>> WHAT YOU ARE MISSING IS THEFIGHT THAT WE'RE HAVING ON

ISSUES IN WASHINGTON WHETHER YOUARE YOU ARE TALKING ABOUT

PROTECTING THE ENVIRONMENT,CLIMATE, SCIENTIFIC EVIDENCE

SHOWS THAT WE SHOULD ADDRESSTHIS.

BIG OIL, POWER, COAL MONEYSUPPRESSES THAT.

AND THAT MONEY IS ENDLESS.

AN ENDLESS SPIGOT. SO THAT'SSPECIAL INTEREST MONEY WEIGHINGIN. YOU JUST MADE MY ARGUMENT.

THAT'S THE REPUBLICAN SIDE.

>> Jon: THAT'S UNFAIR.

TO SUGGEST THAT THE DEMOCRATSDON'T TAKE ENERGY MONEY.

>> THEY TAKE SOME.

>> Jon: TO SUGGEST THAT THEDEMOCRATS DON'T TAKE BIG MONEY

IS UTTERLY UNFAIR AND UNTRUE.

>> ADS ON TV.

YOU SEE TV YOU THINK EVERY OILCOMPANY IS DOING ALL THIS STUFF

FOR RENEWABLE ENERGY.

THEY ARE NOT.

CLEAN COAL IS AN OXYMORON.

>> Jon: THOSE ADS MEANNOTHING.

>> IT MEANS SOMETHING INELECTIONS.

>> Jon: WHEN WHAT IS HAPPENINGIN THE OFFICES OF WASHINGTON

WHEN THOSE LOBBYISTS HAVE ACCESSTO OUR LEGISLATORS IN A MANNER

THAT IS NOT -->> YOU LOOK AT THE VOTES.

YOU LOOK AT THE VOTES.

>> Jon: RIGHT.

RIGHT.

[ APPLAUSE ]>> YOU LOOK AT THE VOTES.

THE DEMOCRATS PASSED THE CLIMATECHANGE LEGISLATION.

THAT BIG MONEY WENT AFTER EVERYMEMBER WHO VOTED FOR ADDRESSING

CLIMATE CHANGE.

BIG COAL.

BIG OIL.

WE HAD TO FIGHT EVERYBODY INTHAT.

THE CAR PATCH HAS GONE OFF TOMUCH MORE SUCCESS.

THE GAS PATCH IS A BRIDGE TORENEWABLES AND GOING ITS OWN

ROUTE.

SO IT'S JUST THE OIL PATCH ANDCOAL PATCH WHICH ARE -- IT'S

IMPORTANT THAT YOU KNOW THIS.

BECAUSE IT'S AS FUNDAMENTAL ASTHE AIR WE BREATHE AND THE WATER

WE DRINK.

YES, THERE MAY BE DEMOCRATS THATACCEPT THAT MONEY BUT WHAT I'M

SAYING TO YOU IS IF YOU DON'TUNDERSTAND THAT DIFFERENCE THAN

WE HAVE A REALLY BIG PROBLEMWITH OUR MESSAGING AND I

SUBSCRIBE TO THAT.

WE CAN DO MUCH BETTER TO MAKETHAT DECISION.

>> Jon: I THINK IT'S PICKING APARTICULAR ISSUE.

>> IT'S A BIG ISSUE.

>> Jon: LOOK AT WALL STREETMONEY.

THERE ARE DEMOCRATS ESPECIALLYIN NEW YORK TAKE A TREMENDOUS

AMOUNT OF THAT MONEY AND THEYDON'T HELP.

>> WE PASSED DODD FRANK.

WE -- THE DEMOCRATS PASSED DODDFRANK.

>> Jon: LOOK AT THE WAY IT'SBEEN IMPLEMENTED.

>> IT'S BEEN IMPLEMENTED.

YOUR FAVORITE VOLKER RULE IS -->> Jon: IT'S 900 PAGES LONG

WHEN IT USED TO BE TWO PAGES.

>> THAT'S WHAT IT IS.

>> Jon: THAT'S WHAT I'M SAYINGABOUT THE SYSTEMIC.

>> WAIT A SECOND.

LET ME TELL YOU THIS.

THE POINT IS