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Lawrence talks close 2012 race, socks

A new Gallup daily tracking poll show Mitt Romney leading President Obama by two percentage points. In an early appearance on MSNBC's Morning Joe, Lawrence O'Donnell said we should expect similar numbers as a we get even closer to November.

"It's gonna be close at two or three points and it'll tighten," he said. The panel agreed it will come down to electoral math in a few key districts. The Last Word host argued there's "no evidence" that the Hilary Rosen flap changed any vote, particularly with women.

He also offered Donny Deutsch advice on how to "elevate a conversation." It's all about the socks, people.