there are questions about what definitions you want to use. there are definitions about time. the timeline and so on. but the basic attack was well-known and i think in its heart, had a lot to it, the romney campaign had first dismissed it. they tried to brush it off, make fun of it, they tried to counterattack by saying the president sent money overseas, but it s only today more than a week later they re trying to react to a story they originally sent their staff down to the washington post to complain about. joan, first read had this response, quote, perhaps the biggest problem for team romney is that this ad comes more than a week after the obama camp released its bain outsourcing ad. that s not quite rapid response. also, today, the new york times reports on the disappointment of some romney supporters, built a reputation during the republican primaries as tough street fighters, but now, mr. romney finds himself confronting concern he is not nimble and aggressive en
i think you re right, michael. i think the romney campaign which was so good on offense during the primary season hasn t shown itself to be quick off the mark in terms of defense. the obama campaign attacked. there are questions about exactly what definitions you want to use of offshoring and outsourcing. there are definitions about time. the timeline and so on. but the basic attack was well known and i think in its heart had a lot to it. the romney campaign at first dismissed it. they tried to brush it off, make fun of it, they tried to counterattack by saying the president sent money overseas during the stimulus package. but it s only today more than a week later they re trying to react to a story they originally sent their staff down to the washington post to complain about. that was more than a week ago. joan, first read had this response to the new ad. quote, perhaps the biggest problem for team romney is this ad comes more than a week after the obama camp released
seems to be more conservative. she wrote into her local paper recently explaining why sthaoe thinks christians should vote for mitt romney. some suggested they shouldn t because he is a mormon. she took issue with that. little did she know there would be backlash and threats against her life. she writes, i think any christian should spend much time in prayer before refusing to vote for a family man with high morals, business experience who is against abortion and shares christian conviction concerning homosexuality just because he is a mormon. let the onslaught of criticism begin. jeanne turner is the host of the jeanne turner show, and an actress. welcome back. hi, megyn. thank you. megyn: you ve got to feel for jane pitt, right? if she had written this and she with us a private citizen i imagine the backlash wouldn t have been as severe. she is brad pitt s mother and she doesn t share his ideology.
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liability come if you have a 10 million-dollar liability and you re getting a percent and you are only getting 5%, it means they really have $13.5 million in liability, and movies is likely to downgrade the credit rating of hundreds of cities across the country. listen. this is just a spiral effect. as financials get worse, movies will keep downgrading them in interest rates will go higher and higher, eventually again. you are at a point where you are out of money and declaring bankruptcy. reporter: three california cities filing bankruptcy. san bernardino, stockton and my hometown mammoth lakes. there will be more in the next several months and years to come. megyn: it would be great if you could just think i m getting a percent or 10% interest every year. but who is managing that other than the bernie madoff returns? that s exactly right. the biggest problem is they are basing this long-term. they are projecting out 15 or 20 years like in san bernardino, saying that we