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Detailed text transcripts for TV channel - MSNBC - 20120716:16:27:00

Campaign, and that takes a toll on you over time. you try to make it better, you talk to the white house, you try to weigh in, and they keep doing the same things, it doesn t really help. we got to jump from money to medicaid but it is a great article. people should take a look at that. coming up, we will look at the group of republican governors who are waging a tug-of-war over the expansion of medicare and medicaid. we will separate the costs and concerns from the politics and the posturing, next. juicy brats grilled up on a thursday. the perfect use of the 7th inning stretch. ....

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Detailed text transcripts for TV channel - MSNBC - 20120716:16:40:00

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Detailed text transcripts for TV channel - MSNBC - 20120716:16:02:00

He simply delegated his power to his partners when he left. so the question for voters is, who cares. at a certain point, kind of getting into the nitty-gritty of where was he, how much power did he have, but the fact is, this company he was on leave from and still basically had control of in a legal sense, was doing a lot of investments and he and his staff won t say that they think the investments were a bad idea and the answer is probably of course they didn t, because that was what bain did. that was their business model, buying and selling companies, streamlining, making money. who is going to make money off those investments? he is. he still makes money off the investments because the way you buy somebody out of a private equity fund is to or firm, when they re an executive, to give them a declining share of the profits over a very long period of time, in his case, ten years. in essence, he still profited from these deals, he didn t object to them, he didn t call his partne ....

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Detailed text transcripts for TV channel - MSNBC - 20120716:16:06:00

Distinction between managing and controlling something. these are all s.e.c. documents of companies that bain owned a part of. they were required to file on them because they were owners, they controlled them. you can say that sounds like you ran the thing, you were in charge. it s a reflection of ownership, not about who manages it. we are harvey pitt on the record saying the s.e.c. doesn t care in this context who s managing it. the question is he s making money from all of it. then why is it that nick confessore can explain that better and fairly quickly, better than the romney campaign? it s tricky. when you start getting into business jargon you start to reinforce an impression of yourself as just a kind of out of touch business guy. look, it s clearly true that he had less responsibility for what bain did after february 99 than he did before. the question is whether he had any responsibility, when what romney wants to say his responsibility went from 100% to 0% and that s ki ....

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Detailed text transcripts for TV channel - MSNBC - 20120716:16:17:00

The idea of foreignness was used against barack obama when he ran in 2008. this sort of veil of foreignness thrown over him. barack obama is trying to beat mitt romney, not befriend him. if they can throw that sort of veil of you know what, his money s overseas, he s not investing in america, he s not creating jobs in america, he s taking jobs from here and outsourcing them over there into the foreign lands, this works with average voters. it s working now. it s working in swing states. that s why they re doing it. one of the things, if you want to do a self-focus group, i think the story about the olympic uniforms that ralph lauren designed were made in china, just resonates with people, like what? and you might not be able to exactly articulate what policies behind that decision you agree or disagree with, but it kind of goes to the gut, and the obama team is using this gut check and i think using in their paid advertising the themes that you talk about, and when you look at where ....

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