You're watching...

Obama Focused on Romney's Wealth

Details

  • Description

    Chris Stirewalt, Jonathan Collegio and David mercer discuss Team Obama's strategy of attacking Mitt Romney as out of touch because of his immense weal...

  • Duration 6:56
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

-- if you ask for a and if you just want their big economic plan and vision of tax cuts for rich folks it's -- mailing your room.

That was President Obama -- a campaign speech to the AFL CIO's building and construction.

Construction trades department yesterday talking about rich folks who and one of which happens to -- guy from Massachusetts who used to be governor up there.

And this is power play.

And Mitt Romney's wealth as we saw on the previous segment with the latest attack -- from the Obama campaign on -- who had a Swiss bank account.

Is a central focus.

For the Obama campaign so.

Is how much of a liability is this for Mitt Romney and is there are some way that he can turn it into a positive.

Let's talk about that subject shall we.

You you know both of our guest and and like them I believe David Mercer is the former.

National.

Former national finance director for the DNC is a democratic strategist loves America.

Jonathan Colette yeah it is -- director of communications for American crossroads.

He has been in and out of every big shot Republican operation in this town and he -- and he's big time communicated for the red team and he also loves America.

So gentlemen.

This America love having been duly noted.

I would start -- -- Johnson the grammys really rich and people don't always like really rich people especially if as we saw in the previous segment you said that he was ill gotten -- that he got he took -- away from people and shut down factories.

Isn't this to a tough stuff for running.

Money to Obama has his new ad he's talking about a Swiss bank account I just find -- whole line of attack despicable do you have -- hope and change president.

Really appealing to man's worst -- sinful nature.

The base nature that we all have respectability aside the question -- -- Christmas -- at this desk at work -- appealing to our basic nature of consciousness and jealousy are the people I mean this isn't the way this is not.

An attack but I think it's a bit -- the vegetable perhaps we'll we'll stipulate you're you're lament for the record but we'll work.

Will it work I if he can make the case that that what they're having a Swiss bank account or having an elevator his house is unethical that's what -- we should be happy when people are -- -- we should be.

Congratulating them for for building well we shouldn't be encouraging people to go out and take -- pitchforks and that's exactly what is and isn't it.

It's a car elevator the way it's not just the people elevator.

OK so -- question for you mr.

Mercer.

Isn't it kind of like uncool for the president to make such a big deal out of Mitt Romney having all this money.

It's going to be a big deal about his money dances about it's of making a big deal of to the exclusion of all other things whether it be core convictions.

Where they're being -- middle class and the needs of the middle class and he goes into Wisconsin calls.

Scott Walker the governor there are a hero.

For a challenging collective bargaining rights.

And -- and in fact.

We see that Scott Walker's made has lost 20000 jobs as opposed to the promise that he had of creating 250000.

Jobs.

Now when somebody.

Like a Mitt Romney called someone like that a hero.

On its begging the question.

Does Mitt Romney have his finger on the pulse when it comes in the middle class and we saw in the Republican primaries.

Then you get rich or Santorum had more of a sense of the middle class then did Romney but for a bit looked for a president who is seen by 40% or so the electorate as too liberal isn't there some danger in this line of attack -- you go after Romney about his Swiss bank accounts and his money and his whole operation look -- -- nurses.

A pretty good target in that.

We're all paying the -- rate of tax rates.

Mitt Romney with his resources is -- -- Bring it down to an effective rate of fourteen or 15% by having his money or sure.

That's a problem that's of fairness issue.

That's an inch touch with America doesn't do but -- -- is -- -- I'm sorry does this line of attack affect the press.

This morning returns you know it's pointing out contracts -- we're gonna see through the presidential election the contrast between Mitt Romney and whether he's got core conditions and what foundation.

Nothing has some of this look back on the present when you go negative especially this early this some -- it.

Into the president -- -- first of all president pays less in taxes than his secretary does so -- of the buffet wants to change that.

And going to change an army does he didn't they're -- today -- already internally driven because of the well no but she changes for all of those isn't just about Mitt Romney and Obama.

Is about.

All of those.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- To avoid providing the revenues we need to do the things we need to do -- here to make us more secure economically.

We're about we're about to go but I want to give you one another chance here.

-- on this question which is.

Do you think that -- -- it to both of you -- as mentally gotten inside.

Obama's -- a little bit Obama famously cool famously cool character.

He is EE heat screwed up is bin Laden thing by hitting it probably on this he's out with attack ads.

Do you think that Romney who is an infuriating person to run against because he is just so -- message he makes George W.

Bush look like a loose cannon.

It does is do you think he's inside Obama's head.

I think is a little bit because it because -- -- did this this this whole line of attack is really about trying to change the subject from the record in the economy and try to hit it on to these things -- really have nothing to do with anything.

Mitt Romney having an elevator in his garage Mitt Romney having had informed me that we should be -- to be happy -- -- -- they have this thing and we don't have been about we just we usually -- it's not it's not as -- -- -- to the basic nature of man I believe it's -- -- of people's joblessness and -- -- really should be frowned upon our.

Don't ever go ahead and get the last tournament we've got to go away feeling when Boehner walked out of talks when cantor walked out of talks and he -- in talks President Obama.

Mitt Romney is not getting -- -- -- -- a lot of my question to answer this segment but a lot of good conversation anyway gentlemen we thank you very much for making time for us today we have to see you back here soon and we hope we will see you back here tomorrow two pieces of -- number one on the hunt with Jonathan -- is about to -- you know Internet it's going to be great so that's gonna happen.

But before that happens as we like to do every day we want to leave you with the word from our French -- Us and it's unseemly because the killing of bin Laden is a moment of solemnity.

Catharsis for the United States Obama has every right to say I did it as a way to immunize himself against the traditional.

Charges are being weak but it taught his opponents saying I didn't you wouldn't.

There's an unseemly and partisan I think some of big political mistake.