updated 10/7/2011 11:47:30 AM ET 2011-10-07T15:47:30

Guests: Laura Flanders, John Nichols, James Hoffa, Van Jones, Lizz Winstead, Eric Burns, Joe Madison, Harold Cook

ED SCHULTZ, HOST: Good evening, Americans. And welcome to THE ED
SHOW tonight from New York.

The 99 percent are out protesting across the country.

Today, President Obama acknowledged the "Occupy Wall Street" movement
and the potential affect it might have on the next election.

But Herman Cain didn`t seem to get the message and is calling them un-
American.

This is THE ED SHOW -- let`s get to work.

(BEGIN VIDEOTAPE)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: I would with love
nothing more than to see Congress act so aggressively that I can`t campaign
against them as a do-nothing Congress.

SCHULTZ (voice-over): The president is hammering Republicans on jobs
and Republicans continue to attack the 99 percent movement.

HERMAN CAIN (R), PRESIDENTIAL CANDIDATE: If you don`t have a job and
you are not rich, blame yourself.

SCHULTZ: Tonight, Van Jones, Laura Flanders and John Nichols on
today`s occupy protests.

House Republicans refuse to condemn Rick Perry`s name hunting camp --
and Rick Perry is finally speaking out on the issue. We`ll play the tape
and get reaction from Democratic strategist Harold Cook.

And more bad news for Hank Williams, Jr.

HANK WILLIAMS, JR., SINGER: Oh, yes.

SCHULTZ: Sarah Palin is out.

SARAH PALIN (R), FORMER ALASKA GOVERNOR: You bet ya.

SCHULTZ: "Daily Show" co-creator Lizz Winstead is here to talk about
it all.

(END VIDEOTAPE)

SCHULTZ: Great to have you with us. Thank you for watching THE ED
SHOW.

Herman Cain launched another tirade against the 99 percent movement.
The former CEO of Godfather`s Pizza blasted the "Occupy Wall Street"
protesters during a book-signing in St. Petersburg, Florida, last night.
And according to the "Associated Press," Herman Cain called the "Occupy
Wall Street" protesters un-American.

The pizza man doesn`t have a clue because he hasn`t been there.

While Herman Cain has been touring the country on his presidential
campaign/book tour, I`ve been out there with the folks and I know they are
not un-American. And I`ll let you be the judge.

(BEGIN VIDEOTAPE)

UNIDENTIFIED MALE: What this is the 99 percent. This is the vast
majority of the American people.

UNIDENTIFIED MALE: The capital of the world is getting a hell of a
lot of attention right now in terms of the mistreatment and the unfair
burden that`s being placed on working families.

SCHULTZ: Why are you I here?

UNIDENTIFIED MALE: To tax the rich.

SCHULTZ: Tax the rich who are not paying their fair share?

UNIDENTIFIED MALE: They are not paying their fair share.

UNIDENTIFIED MALE: I`m out here because they stole our pensions and I
want our money back.

UNIDENTIFIED MALE: (INAUDIBLE) is greater than anything that anybody
(INAUDILBE).

UNIDENTIFIED FEMALE: There are Republicans and this is not about a
party. This is about a movement to take it back to the people.

UNIDENTIFIED FEMALE: I`m here because Wall Street robbed us.

SCHULTZ: They robbed you?

UNIDENTIFIED FEMALE: Yes, they did. They took all the money from the
working with people that you talk about every night.

(END VIDEOTAPE)

SCHULTZ: Now, just so we are clear about that crowd. You saw two
executives an engineer, a teacher and a nurse.

The crowd on Wall Street is what America is all about. They are all
walks of life down there, the good, bad and ugly. Everyone I met was
concerned about jobs and fairness. I guess you could say all part of the
American Dream.

Herman Cain and the Republicans, they don`t understand why Americans
are taking to the streets and all for social and economic justice.
President Obama does. And today, he addressed the protests for the first
time.

(BEGIN VIDEO CLIP)

OBAMA: I think it expresses the frustrations that the American people
feel that we had the biggest financial crisis since the Great Depression,
huge collateral damage all throughout the country, all across main street,
and yet you are still seeing some of the same folks who acted irresponsibly
trying to fight efforts to crack down on abusive practices that got us in
to this problem in the first place.

(END VIDEO CLIP)

SCHULTZ: It seems to me President Obama understands why people are
angry in this country and he knows this could have a major impact on the
2012 election.

(BEGIN VIDEO CLIP)

OBAMA: The American people understand that not everybody`s been
following the rules. That Wall Street is an example of that, that folks
who are working hard every single day, getting up, going to the job, loyal
to their companies, that that used to be the essence of the American Dream.
These days lot of folks who are doing the right thing aren`t rewarded and a
lot of folks who aren`t doing the right thing are rewarded. And that`s
going to express itself in 2012 and beyond.

(END VIDEO CLIP)

SCHULTZ: The president is trying to tax millionaires and
billionaires. He`s trying to create jobs. He`s trying to rebuild schools,
roads and bridges.

This is exactly what the protest movement wants, an investment in
American workers. Herman Cain, he doesn`t give a damn about the 99 percent
of Americans. He`s got a 9-9-9 plan and it`s nothing more than a gift to
the top 1 percent and the financial institutions that put Americans out on
the street.

So, if you are out of a job and you`re on the street, Herman Cain says
actually it`s your fault.

(BEGIN VIDEO CLIP)

CAIN: I don`t have facts to back this up, but I happen to believe
that these demonstrations are planned and orchestrated to distract from the
failed policies of the Obama administration. Don`t blame Wall Street.
Don`t blame the big banks. If you don`t have a job and you are not rich,
blame yourself.

(END VIDEO CLIP)

SCHULTZ: Blame yourself. If you don`t have a job, just blame
yourself. Pay attention to our text poll tonight. You`ll like it.

The stupidity of Herman Cain`s statement is astounding. Americans are
out of work because corporations are hiding $1.2 trillion offshore and not
being taxed for it. Americans are out of work because Republicans in
Congress -- you see, they just want to beat this president more than
anything else, more than creating jobs. The pizza man`s conspiracy theory
about the protests being orchestrated to distract from the president`s
policies -- well, that`s absolute garage.

But it is interesting that Herman Cain knows a thing or two about
orchestrated protests. Here`s how radio talk show host Herman Cain
described President Obama`s policies at an orchestrated Tea Party rally
with Sean Hannity in April of 2010.

(BEGIN VIDEO CLIP)

CAIN: It fits in to what I would call anti-American, anti-
constitutional, anti-Declaration of Independence. That`s what it is.

(END VIDEO CLIP)

SCHULTZ: Anti-anti-anti.

Herman Cain obviously doesn`t know what the word un-American means.
President Obama and the "Occupy Wall Street" movement want to make America
fair again for all Americans. They want to stop the 30-year onslaught on
the middle class for the benefit of the top 1 percent.

It`s un-American to rig the system for corporate CEOs and Wall Street
trader. It`s un-American to lie about the president`s religion and
birthplace. It`s un-American to always put politics ahead of country.

Herman Cain and the Republicans can learn a lesson from the people I
met yesterday down on Wall Street.

I do believe, Mr. Cain, if you had gone down there instead of going to
visit Donald Trump, you might know what the hell you are talking about. In
this case, you have no credibility until you get down there with your
conservative buddies and broadcast from there. That`s what America is all
about -- going to the people.

Get your cell phones out. I want to know what you think. Pay
attention to this one, folks.

If Herman Cain is without a job in November of 2012, should he blame
himself? Text A for yes, text B for no to 622639. You can always go to
our blog at Ed.MSNBC and make a comment. We`ll bring you the results later
in the show.

Let`s bring in Laura Flanders, host of Free Speech TV, and John
Nichols, Washington correspondent of "The Nation" magazine.

Why are you giggling at that? That`s a heck of a question.

JOHN NICHOLS, THE NATION: Ed, I think you might get your first 100
percent result.

LAURA FLANDERS, FREE SPEECH TV: Are you missing something important,
Ed?

SCHULTZ: We have had a 98s percent a couple of times.

NICHOLS: Well, I think you go to 100 percent on that one.

SCHULTZ: I never gotten to 99, but I`ve gotten to 98.

FLANDERS: I thought you were going to ask is he -- is Herman Cain
just annoyed because the pizza these folks are getting from all over the
world isn`t his pizza.

SCHULTZ: That`s right. Yes.

Laura, what do you make of this? The protests on Wall Street, they
are expanding to other cities. It looks like it`s, you know, got legs, a
life of its own. The unions are involved in it now.

Where is it going?

FLANDERS: It`s got legs, and arms, a brain. And I have to break
something to you. This is not about party or a president.

The biggest line, the biggest response that Naomi Klein got down there
when she talked today was when she asked, is this an answer to the Tea
Party? And she said, I don`t know I think it`s an answer to the Democratic
Party. And I think that needs to be understood.

While it`s great the President Obama was forced to respond, this isn`t
a movement about who`s in the White House. This is about having a house.

SCHULTZ: Yes.

FLANDERS: It`s not about a party. It is about being part of society,
having a part of not just the American Dream but a new plan for the planet.

SCHULTZ: So, John, are these folks retrievable? Are they going to be
politically active? Are they going to be in the next -- figured in the
next election cycle?

NICHOLS: They are politically active. I mean, this is -- remember
that the Bill of Rights was written two blocks from where these people are
protesting. It`s ratified on Wall Street.

And so, the Founders intended politics to be in the street as well as
in the polling place. They said the right to assemble.

I think these people are exercising that right. And my sense is that
as this spreads across the country, I think it`s going to get very, very
big and you are going to have a lot of people who are, in fact, Democrats.
You`re going to have a lot of people out there, union folks.

But they are -- what`s wonderful about it is, they are going to make a
demand, they are making a demand on all politicians, and that is that you
step up and that you say something that addresses the concerns that they
have.

I ultimately think they are very, very good for this president because
he`s going to have to outline his position a lot better than he has.

FLANDERS: There was an interesting fellow I met. A union carpenter
from Rockaway Beach in Queens, John Baxter. And he said he voted for
Barack Obama but he`s been coming to the protest every day because he feels
Obama broke his promises.

He said -- you know, he promised to buy a pair of working shoes work
with the shoes in Wisconsin. He didn`t do that. He has not showed up at
the "Occupy Wall Street." He said he wasn`t sure if he was going to vote
for Obama again.

SCHULTZ: Well, Herman Cain. Let`s talk about Herman Cain.

I mean, the insults just keep on coming from the right-wing
broadcasters, keep on coming from many respects the mainstream media. This
is Herman Cain tonight with Lawrence walking back his comment on the
unemployed.

(BEGIN VIDEO CLIP)

CAIN: Some people are unemployed through no fault of their own. I
was referring to those people who have chosen to go and demonstrate on Wall
Street for whatever reason and it`s not real clear what reasons.

(END VIDEO CLIP)

SCHULTZ: He has no clue what he`s talking about.

FLANDERS: All you have to do is go down there and listen. I mean, I
think we in the media often encourage people to tune in to find out what`s
true. What is happening down there requires people to go and be present.

I saw a society being built where there`s free health care, there`s
education, there`s housing and there is caring that people are finding
there that they are not finding anywhere else. And literally, the learning
circles are extraordinary. People in one corner talking about sort of
French factory worker models, over here talking about the end of growth. I
mean, it`s kind of amazing.

So, if Herman Cain can`t pick up on any of that, he`s just numb.

SCHULTZ: John, now that the unions are involved, does this ensure it
will not flame out? It won`t be just a brushfire that this will have some
substance and organization here?

NICHOLS: Let`s be careful here. This is not going to flame out even
if the unions didn`t get involved.

SCHULTZ: You are that confident?

NICHOLS: Quite, because I`ve looked -- there are now more than 720
communities across the country that have started some kind of occupy group.
It`s in Pocatello, Iowa. They`d had occupy Topeka events. Occupy Des
Moines has 1,000 people signed up. Occupy Iowa City. So, it was going.

But what do the unions bring? It`s a wonderful thing, Ed. Trade
unions actually sometimes look at what`s going on and decide to get with
it.

FLANDERS: It`s great the unions are there.

SCHULTZ: It`s America`s middle class march. It`s America`s middle
class march. I mean, I went down there yesterday for six hours and I had
not covered it yet, and I wanted to make sure I got a good flavor for the
crowd before I went on the air and did something. And I did the due
diligence and it is a middle class march in many respects.

FLANDERS: And a lot of people said thank you for going. I did hear
that.

SCHULTZ: Well --

FLANDERS: But, you know, I think --

SCHULTZ: Especially the crowd behind me last night. After dark,
things do change a little down there.

FLANDERS: Unions made a move in a week to be down there. That
suddenly sped up the union movement.

SCHULTZ: Laura Flanders, John Nichols, always a pleasure. Great to
have you with us.

Joining us now is James Hoffa, Jr., general president of the
Teamsters.

Mr. Hoffa, good to have you with us. I will ask you this question --
the fact that organized labor is involved in this, does this ensure there
wasn`t be a flame out, no burnout? It will continue?

JAMES HOFFA, JR., TEAMSTER PRESIDENT: We want this to continue. This
is what it`s all about. We`ve got to call attention to the inequality in
this country. This is what it is about.

These are basically middle class people that don`t have jobs, that you
got kids out there that are going to college. There`s not going to be any
jobs for them -- the total inequality of our system. They are at the right
place.

This is Main Street versus Wall Street, and I`m glad to see this.
This is the same thing we have seen in Wisconsin. The same things we`ve
seen in Ohio.

And thank God it`s now hitting Wall Street and getting the national
media and getting everyone`s attention. And the fact it is spreading to
Boston, to San Francisco, this is something that can basically be the
creation of a movement that we need in this country to basically readdress
what`s going on here and basically go after the Tea Party.

SCHULTZ: Mr. Hoffa, there`s been all kinds of descriptions from the
right wing. I want you to see this. This is Georgia Congressman Paul
Broun describing the protesters today. Here it is.

(BEGIN VIDEO CLIP)

REP. PAUL BROUN (R), GEORGIA: I see people angry in my district, too
but this attack upon business, attack upon industry, attack upon freedom.
And I think that`s what this is all about.

(END VIDEO CLIP)

SCHULTZ: What`s your reaction to that, Mr. Hoffa?

HOFFA: That`s typical Tea Party language, you know, that basically,
you know, they can send our jobs overseas. They can horde money. They can
lay off Americans and that`s OK.

But if you say anything about it, if you protest, if you get on
television, if you show you are angry, there`s something wrong with that?
This guy`s got the wrong idea of what America is. America is to go out and
talk about what`s good for the middle class and the people that are really
hurting out there. And basically this is the beginning.

SCHULTZ: What`s your respond? Herman Cain says those protesters are
un-American.

HOFFA: There`s nothing more American than the type of protests that
are going on. People are basically seeing inequality here. The system is
rigged against them, and they are saying enough is enough. We want to
change the system.

We want fairness. We want equality of sacrifice. We want the
billionaires and millionaires to pay their fair share. That`s what this is
about.

SCHULTZ: Is this protest absolutely paralleling that of the middle
class and what union workers have been all about all of these years?

HOFFA: Absolutely. This is exactly the same thing. We are fighting
for fairness right now.

The middle class is shrinking in this country. We have so much
unemployment right now. The good jobs are being sent to Mexico. And are
we to sit by and say nothing about it?

And finally people are protesting. They are saying the rich are not
paying enough, that the system is rigged against us, that Wall Street is
crooked.

And you know what? They are right. Everything proves that.

And the answer is we`ve started a movement. We`ve got to keep this
movement going. This is what we need to get America back where it should
be, where basically we have a strong middle class and something we can be
proud of.

SCHULTZ: Mr. Hoffa, always a pleasure. Good to have you with us
tonight.

Remember to answer tonight`s question there at the bottom of the
screen. We want to know what you think.

The Democratic and progressives are jumping on the "Occupy Wall
Street" movement, but the next steps are crucial. Van Jones will talk
about the movement`s future, next.

And President Obama continues to call out Republicans for obstructing
his jobs bill. House Speaker John Boehner is whining that the president is
just playing too rough.

And later, Rick Perry is finally talking about the racist name
associated with his hunting camp. "Daily Show" co-creator Lizz Winstead is
here with reaction. Stay with us.

(COMMERCIAL BREAK)

SCHULTZ: Welcome back to THE ED SHOW.

As the "Occupy Wall Street" took hold in other parts of the country,
the protesters in Washington, D.C., don`t you think they said it clearly
here? Ninety-nine percent.

You know, it`s a big tent. It`s the middle classers, the wage
earners, students saddled with debt joining the ranks of the unemployed and
it`s also the underemployed -- men and women struggling to find a better
paying job as corporations go after cheap labor everywhere.

And in Chicago yesterday, the protesters took to the street. The 99
percent -- well, they are sick and tired of the greed.

But check this out. Several floors above the protests in windows of
the Chicago Board of Trade, a sign went up: "We are the 1 percent."

That`s right. They are taking pride in the fact that Americans are
suffering by rubbing it in their nose. OK? We are the 1 percent? Sheer
arrogance, wouldn`t you think?

All this does is fuel the protesters and if you are fortunate enough
to be in the 1 percent, this is probably not the best attitude to take, you
think?

Van Jones of Rebuild the Dream joins me next.

And later, Hank Williams, Jr. -- he is officially out of a job. This
time, Herman Cain is right. He has only himself to blame.

Stay with us.

(COMMERCIAL BREAK)

SCHULTZ: Welcome back to THE ED SHOW.

President Obama and Vice President Biden aren`t the only Democrats to
express support for the "Occupy Wall Street" movement.

Here`s House Democratic Leader Nancy Pelosi today.

(BEGIN VIDEO CLIP)

REP. NANCY PELOSIS (D-CA), MINORITY LEADER: The message of the
protesters is a message for establishment every place. The focus is on
Wall Street and justifiably so.

And God bless them for their spontaneity. It`s an independent, people
coming. It`s young. It`s spontaneous. It`s focused. And it`s going to
be effective.

(END VIDEO CLIP)

SCHULTZ: And Congressman John Larson speaking on behalf of House
Democratic Caucus said this in a statement, "The silent masses aren`t so
silent anymore. They are fighting to give voice to the struggles that
everyday Americans are going through." Amen to that.

"The protests have also gotten attention and support from other
progressive efforts around the country."

Let`s bring in the president and cofounder of rebuildthedream.com, Van
Jones.

Mr. Jones, good to have you with us tonight.

I would like you -- you have been a focal point when it comes to
attacks from the right wing. The description of these protesters, I think,
is despicable by the right wing.

Does this fuel the protest or does it have any affect, maybe not at
all? What do you think?

VAN JONES, REBUILDTHEDREAM.COM: You know, I don`t think the people
who are standing up for the middle class and standing up for the American
Dream care one wit about any of this stuff. Listen, Americans have hit a
pain threshold. You have people sitting on a white hot stove for three
years.

D.C. has done nothing about it, unfortunately, despite the best
efforts of some of our best people there. Wall Street is being more
contemptuous, dumping more pain on the people and folks are starting to
holler. And you cannot -- when somebody sits on a white hot stove for
three years, you can`t critique how they holler. People say, well, these
people, they don`t have message clarity.

Well, first of all, nobody in American politics, as I can tell you,
has message clarity on the economy. But they have moral clarity. We need
to listen to them and respect them.

SCHULTZ: I had a conversation with someone I really respect who said
this is movement politics. In fact, Katrina Vanden Heuvel told me that on
the radio show today.

Movement politics -- does that mean this is such a movement, it really
doesn`t need a leader? It is via social networking and taking on a life of
its own. But how does it remain sustained?

JONES: Well, this is -- nobody -- I certainly do not claim to speak
for the "Occupy Wall Street" movement. Even the brave people, the young
people who slept out there for days and days and were ignored by everybody
don`t claim to speak for it anymore.

This is a mass phenomenon. And there are incredible forces on the
left and the center, people who just want a new job, who are engaged.

Here are the next step so that we have to move forward. Those of us
who are part of what we call the American Dream Movement, which is a sub
component, who are looking at how can we make sure we get the results that
we need, that we can get the jobs that we need, we had a conference this
week. We had 2,000 people, 200 organizations and we came forward with a
concrete agenda.

We want to make this in to the American autumn. We had the Arab
spring. This will be the American autumn.

And there will be continuing protests through November 17th where
there will be massive protests, peaceful, nonviolent under the slogan,
"Jobs not cuts, tax Wall Street." That is the way to focus all of this
energy on the fact the jobs bill, on the fact of the necessity of Wall
Street paying America back. And we believe we can go from September 17th
to November 17th and show the full flower of the American people, the 99
percent of us who are tired of sitting on the stove when nobody cares about
us.

SCHULTZ: It seems that no one in Washington, there`s a sound byte
here and there that you can point to, but there isn`t anyone who has beat
the drum about how Wall Street has ripped off the American people and
gotten all of the breaks.

JONES: I`ll tell you why. I`ll tell you why.

SCHULTZ: Why is that?

JONES: Because Wall Street has a sent an army down here of lobbyists
who have taken over the place and occupied the place. The real occupation
-- you want to talk about Wall Street and occupation, it is not just this
new generation standing up and occupying Wall Street -- Wall Street is
occupying the nation`s capitol with lobbyists and that`s why you haven`t
heard a word from it.

SCHULTZ: And, quickly, how did the president handle the question
today?

JONES: Well, I thought the president handle the question beautifully.
And he also said he is willing to tax millionaires and billionaires.

If you go to rebuildthedream.com and look at the contract for the
American Dream, what so many hundreds of thousands of people signed unto,
we have been saying since the summer, tax millionaires and billionaires,
tax Wall Street, let`s put jobs first.

This movement is for real. Save your newspaper clippings, save your
screen shots. This is history in the making.

SCHULTZ: All right. Van Jones, always a pleasure. Thank you.

Senator Brown is already playing dirty in his 2012 re-election bid,
calling a female opponent ugly. Brown is in the zone tonight.

And Rick Perry is on defense over his racial slur that he used the
name of his family ranch. Stay with us.

(COMMERCIAL BREAK)

SCHULTZ: In Psycho Talk tonight, Massachusetts Senator Scott Brown
may be in dang over losing his Senate seat in that state. Polls are
showing that he is running neck and neck with Democrat Elizabeth Warren.
So the guy who once posed nude in a magazine is starting to hit below the
belt.

It all started with Elizabeth Warren`s answer to this question during
a recent Democratic debate in Massachusetts.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: To help pay for his law school education, Scott
Brown posed for "Cosmo." How did you pay for your college education?

ELIZABETH WARREN, DEMOCRATIC CANDIDATE FOR SENATE: I kept my clothes
on.

(END VIDEO CLIP)

SCHULTZ: Scott Brown responded on a Boston radio show today.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: Have you officially responded to Elizabeth
Warren`s comment about how she didn`t take her clothes off?

SEN. SCOTT BROWN (R), MASSACHUSETTS: Thank God.

(END VIDEO CLIP)

SCHULTZ: So this is a guy who took over Ted Kennedy`s Senate seat?
and This isn`t the first time Scott Brown has degraded women in public.
Remember what he said about his daughters during his victory speech last
year.

(BEGIN VIDEO CLIP)

BROWN: Just in case anyone who is watching throughout the country,
yes, they are both available. No, no, no, only kidding. Only kidding.
Arianna definitely is not available. But Aylor (ph) is.

UNIDENTIFIED FEMALE: What? Stop!

BROWN: I can see I`m going to get in trouble when I get home.

(END VIDEO CLIP)

SCHULTZ: Yeah. Scott Brown might have gotten into a lot more trouble
with his latest comment. The National Organization of Women and Emily`s
List have condemned his remarks about Warren and suggested that he drop out
of the 2012 race. I don`t think that`s going to happen.

For the guy who stripped for a magazine to take such a low-blow at a
female opponent is desperate Psycho Talk.

President Obama is showing some fight as he takes his jobs bill in
front of the American people. And John Boehner doesn`t like it when the
president gets tough.

And later, Sarah Palin is not running for president. Will she fade
away or will she still play a role in the 2012 campaign? "Daily Show" co-
creator Lizz Winstead and Eric Burns give us the verdict on Sarah from
Alaska.

(COMMERCIAL BREAK)

SCHULTZ: Welcome back to THE ED SHOW. Thanks for staying with us
tonight. The president and jobs, will he get any help? The president is
focused on his jobs message. He knows the American people are on his side.
The polls show it. And he knows the Republicans don`t have a plan to get
Americans back to work, because they haven`t unveiled it.

They just want to beat this guy. That`s all they want to do. They
want to beat President Obama. Listen to Speaker Boehner today.

(BEGIN VIDEO CLIP)

REP. JOHN BOEHNER (R), HOUSE SPEAKER: Nothing has disappointed me
more than what has happened over the last five weeks. To watch the
president of the United States give up on governing, give up on leading and
spend full time campaigning -- we`re legislating. He`s campaigning.

It`s very disappointing.

(END VIDEO CLIP)

SCHULTZ: Really? Where`s the legislation, Mr. Speaker? Show me one
page, not a bill, just a page of jobs legislation passed by your chamber.
John Boehner presides over a do-nothing Congress. President Obama knows
his leverage in this situation is with the American people. He made it
clear again today.

(BEGIN VIDEO CLIP)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES: Will Congress do
something? If Congress does something, then I can`t run against a do-
nothing Congress. If Congress does nothing, than it is not a matter of me
running against them. I think the American people will run them out of
town, because they are frustrated.

And they know we need to do something big and something bold.

(END VIDEO CLIP)

SCHULTZ: You have to applaud the president for sticking with his
message. Let Congress vote against his bill and explain it to their
constituents as to why they oppose it. But you see, here`s the stickler:
The president wants the wealthiest Americans to pay just a little bit more
to pay for this 447 billion dollar jobs plan. Of course, the Republicans
want nothing to do with that.

Joining me tonight Sirius XM radio talk show host Joe Madison. Joe,
good to have you with us tonight.

This strategy that the president had today at his press conference,
you know, telling the senators, look, if you don`t vote for it, you have to
go home and explain it -- he seems to be more aggressive. What do you make
of it?

JOE MADISON, SIRIUS XM RADIO TALK SHOW HOST: I think he is more
aggressive. And I disagree with Boehner. I know for a fact that the
president is not campaigning. What he is doing is what he said he would
do. He is taking the message to the people.

You are right. They are not only not going to vote for it, which they
have to explain why they are not going to vote for it. But they are not
going to cast a vote, and particularly in the House, because here`s what is
going to happen. The people who are in New York, California, Chicago, even
Dayton, Ohio, where I was born, they are now in the streets.

Once they take a vote and they vote against it, as they will, now
these members of Congress become a target. So the target now goes not only
on Wall Street, but they also will go to the members of Congress. And
that`s what they don`t want, Ed. That`s why there`s no action. That`s why
there`s I`m not going to do anything, because they know the people on the
streets will now target them when they go home, particularly for these
holiday recesses.

SCHULTZ: He was calling them out again today. Here`s what President
Obama said about Senate Leader Mitch McConnell.

(BEGIN VIDEO CLIP)

OBAMA: I`m also dealing with a Republican majority leader who said
that his number one goal was to beat me, not put Americans back to work,
not grow the economy, not help small businesses expand, but to defeat me.

(END VIDEO CLIP)

SCHULTZ: Do you see the president sitting down with the Republicans
at compromise after saying that?

MADISON: Well, no. No. And you know what, I think he learned --
something really happened with the debt ceiling debate. I think this
president finally realized these folks just don`t like me.

SCHULTZ: No, that`s right.

MADISON: And they are putting me through something they have never
put any president of the United States through. What I heard him say is,
Ed, what you said on your TV and radio show, what I`ve said every day on my
Sirius XM show, what others have said. It`s as if he finally has heard us
and said, OK, you are right.

I`m so pleased because now we cannot say he is not taking the fight.
This is a very competitive man. And he`s not campaigning. This is where
everybody is wrong. He`s not campaigning for re-election. He`s
campaigning to get this jobs bill passed.

And I think he is smart, because let the Republicans shoot each other,
like a circular firing squad, and then come January, February, when things
thrash out among the candidates, then you are going to see him in campaign
mode.

SCHULTZ: Here`s President Obama again going after McConnell.

(BEGIN VIDEO CLIP)

OBAMA: If Mr. McConnell chooses to vote against it, or if members of
his caucus choose to vote against it, I promise you we`re going to keep on
going. And we will put forward, maybe piece by piece, each component of
the bill. And each time, they are going to have to explain why it is that
they would be opposed to putting teachers back in the classroom or
rebuilding our schools or giving tax cuts to middle-class folks.

(END VIDEO CLIP)

SCHULTZ: So Joe, what`s the Republican answer to this? The fact is
you have got the president with a distinctive plan on the table. It is all
about taxes. They just don`t want to serve it up at the top one percent,
do they?

MADISON: Absolutely not. That`s why people are in the street. You
know, I have been involved in demonstrations most of my adult life. I was
told by Benjamin Hooks once -- he said, Joe, either demonstrations are well
organized or they`re spontaneous.

This is a spontaneous reaction. Look who`s out there. You saw them.
I saw them today in Washington, D.C. They had an Occupy D.C. day. You
have got grandmothers with their grandsons. You have got everybody out
there. You have got college students. You have people out there with
degrees who can`t get jobs.

And for Limbaugh to call them -- did you hear what he referred to them
the other day, as human debris -- human debris. This is what is going to
cause these Republicans to lose their seat or come around to the president.

SCHULTZ: Joe, good to have you with us tonight. And congratulations
on ten years on Sirius XM, my friend.

MADISON: I`m looking for another ten years.

SCHULTZ: I Hope so.

Rick Perry had four days to come up with his answer to his hunting
lodge controversy. And he still screwed it up. We`ll play it for you
next. Stay with us

(COMMERCIAL BREAK)

SCHULTZ: Are you ready for some football? Monday Night Football has
sacked Hank Williams, Jr. for good. After Williams compared President
Obama to Hitler, EXPN pulled Williams` song from the intro to this week`s
edition of Monday Night Football and now ESPN has made it permanent. In a
statement the network said "we have decided to part ways with Hank
Williams, Jr. We appreciate his contributions over the past years."

But Williams pretended like it was his decision. He put this up on
his website: "after reading hundreds of e-mails, I have made my decision by
pulling my opening October 3rd, you, ESPN, stepped on the toes of the First
Amendment, freedom of speech. So therefore me, my song and all of my rowdy
friends are out of here. It`s been a great ride."

I`m sure they`ll make it without him. Of course, ESPN did not violate
Williams` freedom of speech rights. Any way, Williams is wrong again. So
Hank, are you ready for some unemployment? Go write a song about
unemployment, dude. The country needs it.

Up next, Governor Rick Perry finally answers about the rock at his
family hunting ranch. Stay with us. We`re right back.

(COMMERCIAL BREAK)

SCHULTZ: In my Playbook tonight, Rick Perry has finally spoken out
about the racial slur that used to be painted on his a rock at his family`s
hunting ranch in Texas.

(BEGIN VIDEO CLIP)

GOV. RICK PERRY (R), PRESIDENTIAL CANDIDATE: Everyone agree that the
word that was on that rock is a very offensive rock, a very offensive word.
At the moment we had to move to paint over that rock, we did.

I think there was some very much and strong inconsistencies and just
infactual information that was in that story. I know for a fact in 1984,
that rock was painted over.

(END VIDEO CLIP)

SCHULTZ: Four days to think of an answer and that was the best he
could do? And then this afternoon, Congress weighed in on the controversy.
Congressman Jesse Jackson, Jr. introduced a resolution condemning Governor
Perry for having the offensive rock on his ranch.

Jackson also gave a passionate speech in support of the resolution.
In the clip you are about to hear -- it is in the Congressional Record, so
we`re going to play it -- the congressman repeats the name associated with
Perry`s family camp.

He also repeats the N-word itself. We didn`t censor the congressman
because the power of the word is the most important part of the story.

(BEGIN VIDEO CLIP)

REP. JESSE JACKSON JR. (D), ILLINOIS: Mr. Speaker, Nigger is
offensive. Niggerhead is offensive. And for a governor of one of the
great states of our nation to hunt at Niggerhead Ranch, it`s offensive.
And I think that I`m expressing the moral outrage of all Americans. And I
thank the gentlemen for allowing me to make my argument.

(END VIDEO CLIP)

SCHULTZ: The House voted to table Jackson`s resolution along party
lines. Not one Republican voted for it. Joining me now is Harold Cook,
Texas Democratic strategist and author of the political satire blog
"Letters From Texas." What do the letters from Texas say about the story,
Mr. Cook? What about it?

HAROLD COOK, DEMOCRATIC STRATEGIST: Well, I haven`t even addressed
this yet because I have been kind of speechless about it, but not as
speechless as Governor Perry seems to have been. He let, you know, four
news cycles go by. And then he gives an answer that is like not even an
answer. Where is the part where he expresses any outrage whatsoever.

By the way, where is the part at which he explains why he even leased
this hunt camp. Look, we are in Texas. You can trip over hunting camps
all over this place. And why was it still acceptable for him to have
anything to do with this property in the first place?

There was no answer like that at all.

SCHULTZ: What do you think Texans think about this controversy? Is
this just another day at the office or will this politically hurt him in
the state?

COOK: I don`t think it politically hurts him in Texas unfortunately.
I think it is a sad fact down here. But, you know, he didn`t have the
support of the Texans who would be the most offended by this in the first
place. And I think -- I think he`s been governor for so long -- he`s been
our governor since the Earth cooled down here.

And I think there`s a big callous about Rick Perry. He`s sort of --
he sort of does things and says things all the time where Texans, even some
of the ones who support him, just kind of roll their eyes and say, oh, God,
there he goes again.

But it`s a shame on this state. And it`s a shame for him. I`ve
noticed countless interviews with countless Texas political politicos of
both parties where they are being asked if Rick Perry is racist. And most
of them have given Perry a pass on it and have said, no I don`t believe he
is racist.

I don`t want to go that far. I don`t think there is any way for us to
know what is in this man`s heart. But I will tell you what we can know.
And that is what has he done that is related to this issue.

I will tell you what he has done on this issue. He has pressed for
passage of a voter I.D. bill which will have the affect of suppressing
minority voters. He has talked about seceding from the Union on a regular
basis. He has talked in the coded states rights language for a long, long
time.

SCHULTZ: Yeah.

COOK: That all goes toward not necessarily Rick Perry being a racist,
but that`s not really the point. The point is, it shows a long period of
which Rick Perry is perfectly happy to say and do things that appeal to the
lower instincts of voters.

SCHULTZ: And it also makes him the Tea Party candidate who will
remain in this race and continue to raise a boat load of money. No doubt
about it. Harold Cook, always a pleasure. Good to have you with us
tonight.

Herman Cain is tied for first place with Mitt Romney in a new national
poll. My guests, Lizz Winstead and Eric burns, weigh in on his chances, as
well and other big stories we have been following this week. Stay with us.
We`re right back on THE ED SHOW.

(COMMERCIAL BREAK)

SCHULTZ: Well, Republican primary voters are finally getting a
definitive look at the choices that they faced when they vote for a
presidential nominee this winter. Is there someone missing from the crew?
You bet ya. It`s Sarah Palin.

Joining me to talk about all of this, this Republican field and some
of the other big stories of the week, comedian Lizz Winstead, co-creator of
"The Daily Show," and of course, Democratic strategist Eric Burns, founder
of Bullfight Strategies and former president of Media Matters.

Great to have both of you with us tonight. Eric, OK, I feel the Earth
shaking that Sarah is not in the race. I think she was a headline on
websites for about 15 minutes.

ERIC BURNS, DEMOCRATIC STRATEGIST: Yeah.

SCHULTZ: But is she going to have any kind of an impact at all? What
do you think?

BURNS: Of course she will. She`s the darling of this uber
conservative Tea Party base that seems to have grabbed the party and is
controlling it. I kind of feel like the news is man bites dog because she
has been flirting with this, but she`s clearly been focused on making money
and exploiting this supposed run.

I can`t believe anybody is disappointed. But I think she is
definitely going to have a king making role with this kind of apple
dumpling gang of Republican candidates.

SCHULTZ: Admit it, Lizz, you`re disappointed.

LIZZ WINSTEAD, COMEDIAN: I`m actually so exhausted by here that I
feel like it`s a good break. It`s always telling when she`s telling you
how many people wrote her and told her how sad they were she was pulling
out. But, you know, the media won`t let it go. In fact, today "Slate" had
some ridiculous article about the take away of Sarah Palin was that she
broke the glass ceiling for us and taught us how to be really self
motivated and how we could grab the attention of people, because we never
ask for what we want.

And just I thought, oh, my God, if we are now saying that the one
thing that Sarah Palin has done for women is taught them how to really be
responsible about claiming their power, I think I am going to kill myself.

SCHULTZ: New CBS News poll is out and Herman Cain is tied with Mitt
Romney. Rick Perry is third. Eric, how do you read it?

BURNS: I think Perry is probably done. He`s demonstrated he doesn`t
really have judgment and character. He had to go away five days to figure
out how to apologize. Herman Cain is running around talking about Sharia
Law. He`s concerned about having half as many inaugural balls if he gets
elected. And he wants to sell books. Apparently, I think it`s what his
presidential campaign appears to be about, is just making money for his
book tour.

So I think it is very concerning, Ed.

SCHULTZ: Lizz, how does a guy who says to unemployed people that if
you don`t have a job, it is your fault.

WINSTEAD: He`s pretty amazing, isn`t he? Plan 9-9-9 from outer pace
is what I like to call it. But I what I find very interesting is he was on
Lawrence`s show earlier. And he was talking about, you know, how he sort
of didn`t really participate in the civil rights movement because he was
too young. A, he was 22. And B, if he had political ambitions at all,
don`t you think it would be nice if there was actually a place for you to
go? Because at that point in the `60s, it wasn`t exactly warm and fuzzy
for an African-American to actually want to run for office.

BURNS: And he was also in Atlanta, Georgia, at ground zero, where
everything was going on.

WINSTEAD: Yeah.

BURNS: I found that pretty remarkable, as well.

SCHULTZ: Lizz, what do you make of the hunting lodge controversy for
Rick Perry?

WINSTEAD: What I would like you to look into, Ed, because you are, in
fact, a journalist, is whether or not you can bring your rock to the voting
booth instead of -- and use that for I.D. Since you can`t use your
University of Texas I.D. but you can use your gun hunting license, my guess
is that if you have a rock, they will let you vote.

SCHULTZ: Great to have both of you with us tonight. Thank you so
much, Lizz Winstead, Eric Burns. Thanks for your time. That`s the ED
SHOW. I`m Ed Schultz. You can listen to my radio show, Sirius XM Radio
channel 127, Monday through Friday, show noon to 3:00 p.m. Of course, you
can follow me on Twitter @EdShow and @WeGotEd. Couple of spots you can
follow us.

"THE LAST WORD" with Lawrence O`Donnell starts right now. Have a
great weekend. Our special tomorrow night, our documentary on those brave
miners in Chile. That`s tomorrow night here on MSNBC, a fabulous
documentary. We`ll see you on Monday.

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY
BE UPDATED.
END

Copyright 2011 CQ-Roll Call, Inc. All materials herein are protected by
United States copyright law and may not be reproduced, distributed,
transmitted, displayed, published or broadcast without the prior written
permission of CQ-Roll Call. You may not alter or remove any trademark,
copyright or other notice from copies of the content.>