more i find cynical in he will say just about anything it seems in the very cold-blooded and i would say cold-hearted pursuit of the white house. what he did to some of the other candidates in the republican primaries was pretty cold. and so i don t see him politically he almost doesn t seem to care. i don t find that to be wimpish. i find it to be cynical. also i would throw in the word arrogant or distant as well. i think wimpiness is the problem. i think he s detached in certain ways. when he says i m not going to turn over my taxes, i m not going to tell you about my ira. that s not being wimpy. that s having a you people attitude. like i don t have to answer to you people. i ve given you people enough. that s not really wimpy. so i think newsweek was
right for america to stand with you. mitt romney trailing in polls when they are asked which candidate would handle foreign policy better. it s a critical time for him to recover from what some say were big gaffes made in britain. michelle is the co-chair of the obama campaign s national security committee and former defense secretary under president obama and in the situation room during the osama bin laden raid. nice to see you. thank you for talking us with this morning. do you see a big difference between mitt romney s foreign policy stance when it comes to iran and president obama s foreign policy stance when it comes to iran? they both talked about no option being off the table. there really isn t that much substantive difference, soledad. the president has made clear his policy is to prevent iran from gaining a nuclear weapon and that all options are on the table. right now we re focused on imposing the most crippling sanctions in the history of any country. those
joining us dennis kneale. what happened? that was a worldwide outbreak of wimpiness. started in europe, u.s., jobs, existing home sales, morgan stanley report which you teased before our segment where they said the u.s. and europe are dangerously close to falling into recession. couple things, going into recession doesn t have to be frightening folks. it is not the end of the world we ve been through plenty of them we ll come out of it. morgan stanley said that. today the chief global strategist came out and said, i think stocks could be performing a very important bottom here and a bottom is when you start to rebill. second, insider buying by internal company executives is at an all-time high since the meltdowns of 09. they are buying now guess who is among those buyers?
sell-offs or something more. joining us dennis kneale. what happened? that was a worldwide outbreak of wimpiness. started in europe, u.s., jobs, existing home sales, morgan stanley report which you teased before our segment where they said the u.s. and europe are dangerously close to falling into recession. couple things, going into recession doesn t have to be frightening folks. it is not the end of the world we ve been through plenty of them we ll come out of it. morgan stanley said that. today the chief global strategist came out and said, i think stocks could be performing a very important bottom here and a bottom is when you start to rebill. second, insider buying by internal company executives is at an all-time high since the meltdowns of 09. they are buying now guess
white house which proposed a stimulus that its own economic analysis suggested would be too small. but there s a third culprit. one which has escaped the public s well-earned ire and one which may be the single most powerful actor. unlike the executive and legislative branches of government which are caught in a death lock dwell nihilism on one side and wimpiness on the other, this has the power to do something about the problem. the independent power to make things better. i speak of course of the federal reserve. but wait, cable news substitute host. the federal reserve confuses and bores me. of course it does. but perhaps it doesn t have to. the federal reserve controls the nation s money supply and to understand what it s doing so wrong and why i m so exercised about this, i m going to use an analogy. let s say your a farmer. your neighbors, co-workers are