Obama campaign senior strategist David Axelrod told MSNBC Tuesday morning that the president is not a “hypocrite” for agreeing to accept super PAC money. The president and his campaign have spoken out against the unlimited corporate financing now allowed in political campaigns, but Axelrod said Tuesday that the campaign cannot “play by two sets of rules.”

“We have to live in a world as it is, not how we want it to be,” Axelrod said.