this is "your world," and sarah palin is at the center of a draft sarah campaign in iowa and gingrich is hinting he could make her the vice president pick but does she have other plans? she joins me now great alaska, happy new year, governor, thank you for joining us on this very, very, important, preiowa caucus day. thank you, again. tell us, what do you think of iowa? what do you expect tomorrow? >>guest: well, iowa with 41 percent undecided participants in the event tomorrow, is a big -- iowa is a microcosm of the united states. many think it is just fly over country, and, perhaps, they reflect today's conventional wisdom and thinking but i think these are salt of the earth people, a lot of good things will come out of iowa tomorrow after the results of the voting, and 41 percent undecided there will be a lot of goings on and shaking up. >>eric: gingrich said he was on your short list for potential vice president candidates. what he genuine or playing to your base looking for your votes? >>guest: well, dog gone, everyone is always giving me shout outs to gingrich being the smartest

palin, rick perry, and newt gingrich -- >> sarah palin on the other side of it. >> right. saying this -- newt, it's over. it is over. >> it's too bad, i was kind of enjoying it. >> no, it really is. if i can say, it is too bad. because newt gingrich -- >> for different reasons. >> for me it's too bad because newt gingrich, i think as much as anybody could put together a great argument as to why republicans need to be in power. he's done it before, he can do it again. this is undisciplined. it proves again that he is unmoored ideologically and i do think it's a shame. because boy, when he's focused and on message, there are few people better than newt gingrich. >> it was very helpful to the obama reelection campaign is the way i look at it. but you're right too about that. up next, mike allen joins us on the set with the politico playbook. we'll also ask about him his appearance last night on steve colbert but first, let's go to bill karins with the weekend forecast. bill, we're ready for the weekend. >> yes, we are, and we're ready for the cold air to return to many areas

in fact, the only person defending the two seems to be sarah palin. and you want to talk about a an unholy triumph, it's just everything seems to be working in the favor of mitt romney. the guy is like mr. magoo. you're going from doing this hire-wire walk with the republican party that doesn't seem to want him and yet he's stumbling towards the nomination and newt gingrich is helping him get closer by the day. >> i want to listen to what sarah palin said. i'm wondering, listen to the way she puts it, whether she found a way to connect this to a blue collar republican view of what this bain stuff might be. let's listen to how sarah palin put it. >> governor romney has claimed to have created 100,000 jobs at bain and people are wanting to know, is there proof of that claim and was it u.s. jobs created for the united states citizens? you know, the 100,000 jobs and i believe that that's what governor perry is getting at is, you know, own up to the claims that are being made and that's fair. >> joe, south carolina has watched their textile jobs move off s

he is listening to the brain trust and sarah palin and herman cain. explain this to our viewers. >> he's also not listening to common sense that says maybe the weekend before a big election m and maybe that's the part you're not trying to emphasize and you're already losing with women voters. newt is free willing here. he's apparently calling the shots. he said a while ago, he fired campaign professionals and now he's doing it his way. it's representative of the same kind of bizarre, erratic behavior that got him in trouble in the building right behind me. >> you have to admire his self-confidence. he says he was responsible for developing supply side under ronald reagans and led to the defeat of communism. he would like to take credit for the reconstruction of the great wall of china in 1368. this man has confidence. >> yes, he does. one of the reasons he gets so upset with the republican establishment telling him what to do is he considers himself to be the creator of that establishment. one of the reasons he is glomed on and willingly accepting the

i will be joined by sarah palin and herman cain. but first, major news on the campaign trail today, in new hampshire when the 2008 republican presidential nominee announced his endorsement of mitt romney. take a look. >> it's with some nostalgia that i return to this place that i love so well. but i am really here for one reason and one reason only. and that is to make sure that we make mitt romney the next president of the united states of america. and new hampshire -- and new hampshire is the state that will catapult him on to victory in a very short period of time. that's why i'm here. >> sean: joining me together exclusively for the first time since the big anouncement, former governor mitt romney and senator john mccain. welcome back. >> thanks. >> thanks, john. >> sean: all right. senator, this is a very key moment, key state fur. by the way, i did go back and look at some of the ads you had running against each other. you were going at it pretty heatedly last time around. why mitt romney? why did you decide to jump in and sup

the press or by the by the campaign itself in the in the case of sarah palin that was a failure of the campaign's own intelligence gathering folks that they didn't find imus i'm saying that that was a ploy and that would have played by the presidency and it came out very badly played into a racist stereotype in this culture and all the powers of rationalization to defend your guy lot of democrats forgave bill clinton for a number of things and when sarah palin and her family stood on the stage and she had a pregnant daughter you had conservative saying isn't it nice that they're going to keep the baby and they're going to build a life together now i don't think yeah exactly ok so then the double standard eliot spitzer step down bill clinton was impeached anthony weiner let it but david vitter after he got busted for being with a prostitute which is actually a crime none of those related crimes well arguably spitzer did but. after he was with a profit came back to the senate got a standing ovation from his republican peers newt is running for president and mark sanford never stepped on

i don't see it as a decline from edmund burke to sarah palin. i see her in many ways as the fulfillment of the two parties, the fulfillment of the conservative tradition. >> host: one of the many liberal complaints about sarah palin, and the same complaints were made about bush and ronald reagan was that she's not smart enough and i know you go to great lengths to talk about this idea. you talk about the notion that conservatives are stupid and say nothing can be further from the truth. first, why do you think that has been propagated officially by conservatives and what you mean by it couldn't be further from the truth? >> guest: from the left, certain people on the left have had a traditional view of conservatism and the right which is that as i say it is the defense of power and privilege and i describe to that view but i think the left has historically gotten one aspect of that wrong which is that they think that enterprise of descending power and privilege is a self executing enterprise and is something that just happens if you have privile

that's the concern the sarah palins and rush limbaughs and others have about the way this process is unfolding. getting back to my point, it's time for the adults to step up, run the campaign that's going to talk in a visionary way about the future of our country, and leave all the pettiness aside. okay. we've got the bain thing, the freddie mac thing. move on to talk about how what obama's doing, stifling growth and economy opportunity and how what you're going to do will create an avenue for small businesses to rejuvenate the economy. >> stay with us. joe, the editor and chief of national memo.com and mother jones and msnbc political analyst, also. joe, give me odds. i don't know if you're a betting man. what are the chances the adults in the room will show up? 92% of political ads aired in florida over the last week, they were negative. >> yes. not surprising, and i would say 91% of them, something like that, were romney ads. people were bombarded with romney's money and gingrich is very bitter about that. if he's expected to be the adult in the room, in new york he's known at cry

. >> sarah palin, now, michael, rearing her head in all this. >> gingrich last night got the backing of none other than sarah palin. >> if i had to vote in south carolina, i'd vote for newt. >> i think she has lost a lot of the pull she had. >> we know the mistake in our country four years ago. >> i am very pleased, very privileged to introduce to you sarah palin of the great state of alaska. >> that vetting did not take place. >> if you don't run chris christie, romney will be. >> the battle for south carolina between mitt romney and newt gingrich intensified today as new revelations threatened to damage both campaigns. abc news has conducted a recent interview with newt's second wife, marianne gingrich, that is set to air. there are indications that it may run tomorrow. in the 1990s, marianne gingrich told a reporter that she could end her husband's then career with a single interview. we will know whether she can still end her former husband's career with a single interview. today, abc news confirmed what david kay johnston theorized last night about mitt romney's tax returns. >>

you saw sarah palin? >> i did see sarah palin. they just come in from moose hunting and she didn't have her make-up on, she didn't want to go on camera. but she yelled at us. and went to the van we were in and left me a note on my van. which was really cool. but a great family, super good family. it's a good show. people will like it. >> people will be watching. are you still doing the tour,. >> still doing the tour with jeff and bill. we're doing some things together, yes, sir. and i'm doing my own tour. it's been, it's been great. any time i can work with bill and jeff, it's always a good show. >> thank you. thank you very much. larry the cable guy unnethes t history channel. thank you. see you soon. >>> and see you after the break with more weather and of course the latest on traffic. don't go away. ,,,,,,,,,,,,,,,, >>> here are updates. >> it's a wet one this morning. we have more of a solid rain south of the city. but notice out to the west, there's more rain now making its way into the state. not seeing the heavier rain, you

if i were perry, i would be on the phone in the morning, sarah palin, jim demint to mike huckabee and say, i'm the conservative -- if i were rick santorum, with all due trop mitt romney, we don't know where he is, i think that huckabee and palin and demoint count for more at this point than bachmann and perry. if i were mitt romney, i would be thinking about who to get to endorse me. i am not sure there are that many outstanding. i would get on the phone with jeb bush and say, florida's going to be really penitentiary. i do think, once you lose and get defeated and you are on the verge of pulling out, you are irrelevant pretty fast. it's perry -- but they can quickly become pretty uninteresting and then it's worth thinking, who are the other people. that's why sarah palin, you get to get her back on and push her harder. >> governor palin, i want to answer my question here! >> i want the truth? >> exactly. >> you know... as i watch the candidates go forward and you wonder, it look its like there is a clear dichotomy between mitt romney and rick santorum. does this split the republican

sarah palin is an issue that goes to hearts. and the idea that brought immigrants to the shore, if you worked hard you could have a decent life and move up, people sense that that has been lost, and he said that's what he is going to fight for, fairness, because the system is rigged against ordinary people. >> joe, you talk about this all the time on "morning joe," the problems are so monumental, the politics seem small. is it a fair knock to say the american people are going to have to do with a lot less if we are going to get ourselves back on good financial footing? >> and this was bill clinton's 1996-1997 speech, and it's a great campaign speech. it's not a great governoring document. this is sort of depressing. if you look at the politics on both sides, republican and democrat alike, look what they are saying and compare it to what simpson-bowles did, when they went out andook a chance to save the country fiscally. that's not happening on the president's side and not out at the white house, but the president has to do what

>> bob: they are probably not going to use sarah palin. put it that way. that was a good interview on your part. panties in a wad. >> eric: it goes on. >> bob: were your microphones working? >> eric: i tell you - -- >> bob: i think you will hear it over and over. fact of the matter is he was embarrassment to republicans in the house. a great guy to take republicans to majority. people will say about newt gingrich a great field general but not a guy to run things. that is what happened when he got to the house. he had a revolution on his hand. >> eric: do i want christie saying it or mitt romney saying it? >> dana: it can go either way. i think it's -- for romney it's wonderful to have governor christie in his corner. somebody who can go on "meet the press" or some other place because you can't be all places at once. you have to get off the mat and show you can take a punch. i don't think going forward the democrats would use chris christie in an ad against gingrich. thinking back to -- >> eric: even someone held him to say that chris christie is in the rep

. >> she's headed for being a kind of a junior minor league sarah palin. she'll do well on the lecture circuit. maybe she can get a reality show going. i don't think she'll do well statewide against amy klobuchar. i think klobuchar will stomp her should she run against her for the senate. >> that's right. amy klobuchar is one of the toughest senators in the united states senate. michele bachmann has gone around the country and embarrassed the state of minnesota. >> she barely won her seat last nig time. >> if she can stay disciplined, joy-ann, i mean, she gets the camera time. she has the camera moxy where she could get out there and really beat somebody up on camera and start the narrative that, you know, mitt's not the guy. >> yeah. i mean, you know what, she was actually pretty good in the last few debates. she actually stepped up her performance, but the problem is, there's so much youtube history on michele bachmann that she does sort of come across as a bit of a joke. i think had she just done the really good debate performances she might be viable.

. >> i got a phone call today and spoke to governor sarah palin and described it this way quoting her, the underfunded candidate can't unring the bells romney is ringing. she makes a very good point. 15.2 million dollars versus 3.7 million dollars. romney outstng gingrich. >> does that include the super pac as well? well, i mean, you know, 13,000 ads in a state i don't care how big florida is that's a lot of exposure. there's some indication, by the way, this race tightened up just slightly as of last night and part of that i think may be overkill and done so much of it. let's keep in mind, romney was in there running ads before south carolina was over and campaigning for 500,000 absentee ballots. if romney wins by ten points or better, gingrich problem is not the math, of the math certainly works in his favor. the problem he's not going to have money to go forward and neither will rick santorum. >> eric, do you have a special phone ring for her, and sarah palin calls, drop everything? >> bat signal, you look out the window and see the shape of sarah palin's head in clouds. >> and i d

if i were perry, i would be on the phone in the morning, sarah palin, jim demint to mike huckabee and say, i'm the conservative -- if i were rick santorum, with all due trop mitt romney, we don't know where he is, i think that huckabee and palin and demoint count for more at this point than bachmann and perry. if i were mitt romney, i would be thinking about who to get to endorse me. i am not sure there are that many outstanding. i would get on the phone with jeb bush and say, florida's going to be really penitentiary. i do think, once you lose and get defeated and you are on the verge of pulling out, you are irrelevant pretty fast. it's perry -- but they can quickly become pretty uninteresting and then it's worth thinking, who are the other people. that's why sarah palin, you get to get her back on and push her harder. >> governor palin, i want to answer my question here! >> i want the truth? >> exactly. >> you know... as i watch the candidates go forward and you wonder, it look its like there is a clear dichotomy between mitt romney and rick santorum. does this split the republican

governor sarah palin joins us now. governor, thanks for being with us this evening. >> thank you so much and big news, this the cain train is chugging along, good for newt, garnering the support and the supporters from herman cain. it will be beneficial. >> jeanine: certainly, i think one of the few national individuals who endorsed newt gingrich. but, let's go back a little bit. now, why do you think that ronald reagan would be ashamed of republicans now? >> well, ronald reagan wasn't afraid to take on sitting members of his own party. who were in office in the '70s, he challenged a sitting republican and, he knew, though, that the politics of personal destruction ultimately hurt the cause of conservatism and when we see today what happened there, in florida, over this last week it has gone beyond the pale and beyond just aggressive and fair campaigning against an opponent. and it has been disengagement, in the politics of personal destruction, as rick santorum pointed out, romney drew first blood and at first, newt g

with particular attention paid to sarah palin. let's watch the trailer. >> we need to create a dynamic moment in this campaign. >> if you're going to seriously consider the governor of alaska, we have to call her now. >> this is sarah. >> they say the difference between a hockey mom and a pit bull? lipstick. >> you can actually see russia from land here in alaska. >> what have we done? >> i can't control her anymore. >> she's a great actress. give her some lines. >> if i'm single handedly carrying this campaign, i'm going to do what i want. >> it's not about you. it's about the country. >> this isn't the campaign i wanted to run. >> i have to win this thing. i so don't want to go back to alaska. >> look at those pictures. she looks like sarah palin. every political junky is going to be watching that movie. the minute it comes out. speaking of sarah palin, last weekend she encouraged voters to annoy a liberal by casting a vote for newt gingrich. i think she's off on this one. and the former alaska governor had had this compliment f

we also talk about sarah palin. for all practical purposes she's now endorsed him. she said if she lived here in south carolina, she would vote for him. what does he say? you might be surprised to hear what he actually has in mind if -- and it's a huge if -- if he were president of the united states. >>> meanwhile, in a politically charged move, the obama administration has rejected, at least for now, a bid to expand the keystone pipeline. it would have carried crude from canada's oilsands to the texas gulf coast. the state department says there was not enough time to determine if the project, quote, is in it is national interests. let's go live to our chief white house correspondent jessica yellin. jessica, what happened today? >> both the state department and the of the have issued statements on this decision, saying they're not supporting the pipeline extension for now, the statement said the arbitrary deadline insisted on republicans -- this announcements is not a judgment on the merits of the pipeline, he said, quote, i'm disappointed that republicans in congre

but i'm not. [ applause ] sarah palin, by the way, sarah palin has also been supportive of newt gingrich but she hasn't made an official endorsement yet. her husband endorsed newt gingrich but he's a snowmobiler so nobody cares. sarah palin, on the other hand, has been dancing around her endorsement of newt. which was the topic of much important discussion this morning on cnn. >> sarah palin singing newt gingrich's praises yet again. take a listen. >> if for no other reason, rage against the machine, vote for newt. >> all right, guys, why not just endorse him? if she did, how would it impact his campaign? >> because it's good for business to speak well of newt. >> i think she's spending her political capital very, very wisely with this. >> let her do what she was born to do. yeah. [ cheers and applause ] >> jimmy: here's a -- here's a newt gingrich-related item snoop might approve of. a rap song written to support the former speaker of the his house. when you think of rap, the name gingrich doesn't necessarily come to mind. the closest he got is when he accidentally ate a cd because it s