video transcript

Obama used the Internet to raise money outside of the democratic establishment -- have been locked up by Hillary. Challenge Hillary. -- wanna talk we'll let politics has -- so they're very competitive rounds I got. What about Hillary because when she was going up against Barack Obama she was establishment player. And Obama comes out of nowhere is this small Illinois senator. Now Hillary is kind of thought of as the incumbent. She's -- most likely in the democratic. Nomination. Can she can he -- are going to be another person like Barack Obama they can come out of nowhere I think -- hard to. Imagine I mean it's hard to imagine Hillary Clinton winning the nomination twice. In 2008. In 2008. Hillary and Bill Clinton had built the modern Democratic Party it was pretty significantly. Fares. You can go even into the building the DNC and Washington DC to their names are on everything right. Hillary it's -- a whole life running for president. She knew every major donor in the country she knew every major democratic activist in the country she -- every major political journalist in the country. She. More than half of the Congressional Black Caucus had endorsed Hillary. And yet a man -- been in public life less than a decade. Managed to defeat her. It's like unthinkable. And we looked at the last two cycles where the Tea Party has taken down. Three incumbents Republicans -- establishment cover Republican senators primaries effectively unprecedented in American history. And I think. We're seeing a real collapse -- the advantage of incumbency in the establishment in political and politics of what is you are doing -- us. Well part of this gives them the failure of the parties themselves. The parties went from being real grassroots vehicles to in the post Watergate area era. Be vehicles for major donor fundraising. And once it became vehicles from major donor fundraising. If you could find it cost effective way to raise money outside of the party -- -- the establishment apparatus. You could -- compelling challenge so Obama used the Internet to raise money outside of the democratic establishment which have been locked up by Hillary. The challenge Hillary. And in the same way these Tea Party insurgents are raising money outside of the Republican Party establishments challenge the establishment. I can talk for hours at this point in web video smaller is better as well. Got there thanks thanks a lot there.