Detailed text transcripts for TV channel - MSNBC - 20120807:

Detailed text transcripts for TV channel - MSNBC - 20120807:10:18:00

mitt romney was the worst candidate in modern times, which is good news for democrats except if romney can somehow get his act to the, and boy is that a big if, that their optimism may be a little -- >> he may be able to get his act together at the convention. that speech could be a turning point. >> if the economy continues to drip, if it stills -- >> i don't buy that. >> i don't buy the fact it's solely a referendum on the incumbent. i was old enough when you weren't around in 1980, three weeks out ronald reagan was still struggling to prove that he was up to the job. and he did it brilliantly. but by even early october and conditions were much worse than they were today, people were saying fine, we're going to throw carter out and you've got to prove you can take over. >> let's say it's designed in the last two, three weeks and you have this big unemployment number that comes out six days

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