mitt romney submitted. that s why we know about them. wasn t like the obama campaign opposition researchers went down to bermuda or because reporters dug this up. we know this because he submitted things information. but dan hold on, robert. you got your two-min ad. i want to finish this. yesterday on cnn you popped another one. you said that there are questions candy crowley said, some of the accusations you re making about some of mitt romney s companies, the companies that bain invested in, took place after mitt romney actually left bain capital and you said that s not so clear. i m not sure. it s not. he left bain capital in february 2009, also on a financial disclosure that he signed and if he actually is doing what you were saying he s doing, be which is being misleading, and is actually punishable under federal criminal law. are you suggesting that mitt romney is guilty of some kind of felony here? dan, what i m suggesting is, nobody has any idea because the only
as an investment that didn t work, and 1000 people lost their jobs? even when a company survived, the president invested in, like the auto companies, they laid off thousands and thousands of workers, closed down hundreds of dealerships. gregg: right. so i think you re you re going to hear the romney campaign talk about president obama s record as an investor from the white house. gregg: in fact the washington post s mark thesen wrote a column a couple of days ago arguing a sill point, that if romney s equip equity is fair game, so is the presidentness and let me quote, since taking office president obama has invested billions of taxpayer dollars in private businesses including as part of his stimulus spending bill many of those investments have turned out to be unmitigated disasters, leaving in their wake bankruptcies, layoffs, criminal investigations, taxpayers on the hook for billions. i mean, do you expect the romney campaign, in some of
other economic indicators are still recovering from the great recession, corporate profits is a share of national income haven t just regained their prior peak before the great recession. they have surpassed it. then going back to 1929. and the stock markets are up, etc. this has been a complete nonsensical wrap. can i add one point? sure. i thought she made a really interesting point about government contributions to one of the projects that bain invested in. it goes further than that. 60 to 90% of private equity purchases are debt financed and any interest on that debt they get to fully dedetect from their tax liability.
profitability during the president s term, while lots of other economic indicators are still recovering from the great recession, corporate profits is a share of national income haven t just regained their prior peak before the great recession. they have surpassed it. then going back to 1929. and the stock markets are up, etc. this has been a complete nonsensical wrap. can i add one point? sure. i thought she made a really interesting point about government contributions to one of the projects that bain invested in. it goes further than that. 60 to 90% of private equity purchases are debt financed and any interest on that debt they get to fully dedetect from their
obama runs an ad jobs lost at a steel company that bain invested in, romney says i was gone already. he s trying to count the jobs that he created right up to today and so forth. when the president took office, the economy was losing something like 700,000 jobs a month. over 2 million private sector jobs have been created since the bottom of the recession. i think the president has a credible argument to make that he has created jobs. a couple of other things. big picture, the euro zone, all of the stresses on greece coming out of the g-8 meeting. you saw merkel isolated in her mother or less still austerity pitch without sarkozy, with the addition of a socialist president hollande from france. as someone in that sector, what is scaring markets so much about is it the contagion if greece is discounted, it s going to spread to spain, portugal, italy? what s scaring markets is not the debate between austerity and