do. but clearly he s sensitive about the outsourcing issue because it s a politically charged issue. in that same vein does he have a problem with somebody who ran the olympics before with olympic uniforms not being made in america, being manufactured in china, congress is taking this up now, seems to be a bipartisan sense of outrage. where is mitt romney on this? he believes that, you know, we shouldn t politicize the olympics. believes that, you know, we should stand by our athletes and make sure that they have the best experience possible. i know that the olympics get politicized. but is it okay for uniforms to be made in china? is this just what i understand is that it was an american company that subcontracted. but does he have a problem with that? i i don t know what his response to that was. i didn t see his that he was asked about it or not. he says no comment. but as somebody who ran the olympics does he not have a comment on whether uniforms i think
he s going to be tough from china and poaching u.s. jobs, but when he was at bain, about making money, he invested millions in this chinese company and i ll put a link up in my twitter feed. have they responded to the story yet? they did respond respond on background. they told me they didn t take issue of the outsourcing issue. what they said was it was a routine investment in a foreign company and lots of people do that. which indicates to me that they re kind of worrieded about this story becoming the next big bain story. sure, so charles, even in light of what you said about the george washington cherry tree liar phenomenon that is really spooky to a lot of americans, romney made at least $2 million from bain alone last month. not only that, he based his entire campaign on being a private sector business leader, now suddenly, it s bart simpson
accounts. today vice president biden actually used a speech to hispanic group to sort of tie the issue of immigration reform to mitt romney s offshore accounts. take a listen. he wants you to show your papers but he won t show us his. it s kind of fascinating. and this brought a ferocious response from the romney camp was not happy that he connected those two. a spokeswoman for mitt romney saying, quote: the hispanic community has been hit disproportionately hard in the obama economy with unemployment rate 11% and millions living in poverty since he took office. vice president biden would rather engage in cynical attacks than how to create jobs and create opportunity for all americans. the bottom line is it s clear that this, you know, outsourcing issue, offshore accounts, all of this has hit a raw nerve on both sides. we re going to hear a lot more of it between now and november, shep. shepard: i m sure we will. ed henry at the white house. ed, thanks. the president and governor
important battleground states, making the point that president obama has an outsourcing problem. yeah. he does. and the outsourcing issue really causes two problems for president obama. one, it underscores his dishonesty. the ad they were running which all the independent fact-checking groups have said is dishonest ends with president obama saying i m president obama and i approved this message. it should say i m president obama, i approved this dishonest message. the second problem he has with outsourcing is that there is a huge amount of outsourcing which was driven by obama policy. the money the $500 million they gave to fisker created jobs in finland. the solar energy grants they gave and created jobs in mexico. the wind turbine grants they gave created jobs in denmark. so the point that i think is really interesting is that the outsourcing issue underscores
you re a business prn and say i m about to get whacked, between the republicans pointing at him and saying, well, he hasn t done anything about it and him pointing at romney and dodd-frank, not sure how it saying but he s the outsourcer, going to affect my business, tax cuts that won t be extended, he s the offshorer. so there is a difference there. regulatory uncertainty. there is probably a net benefit. the cumulative effects of it say but i think a small one to the the numbers are there. president there because, as you said, he ain t done nothing. tom brokaw, there is some $2 trillion are holding income sign along the way that the bain on balance sheets. attacks have had some impact. it s much morp important you have a good business and good it s had some traction in the last six weeks or so obviously. hire being practices than a they ll continue to try to marginal tax rate. define him as the rich guy that if we throw around the 1%, if plays by a different set of rules from