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There there there is the that.
Difference in that you're overall view.
Your responsibilities are as president and what your view of the economic future is and and the president believes -- he's made clear that.
It -- responsibility is not just to.
Those who win but those -- in it for example on a company where there have been layoffs or company has gone bankrupt it did.
You know we have to.
Make sure that.
Those folks have.
That means to find other employment that they have the ability to train for other kinds of work and and that's part of the overall responsibility the president us.
That was white house Press Secretary Jay Carney being pressed on the subject of what's the difference between Bain Capital and when the president has directed the or the administration is directed the expenditure.
Tax dollars to try to launch or prop up existing businesses.
And this is power play welcome back.
And as the Romney campaign tries to push back on the issue of governor Romney's years as at the Helm of Bain Capital.
A private equity firm that was very successful in some cases -- not successful in other cases they've taken to equating.
What the president did especially -- -- stimulus program.
With -- what governor Romney did in saying that Romney had better results it's not an argument that the White House as much.
Tolerance -- you can see for mr.
Carney there so let's take this question.
Two Ford O'Connell and Maggie Romero and we asked this and -- -- this time forward.
What Jay Carney was saying there is that.
It's different to be a profit motivated person than it is to be somebody who -- motivated by.
Wanting people to get to work and caring about them and that if a person who gets laid off that Solyndra.
As opposed to the old Kansas City bolt.
That was featured -- an anti Romney had from the president.
That the compassion for those people an interest in those people is what makes those things different.
Yes and no I.
I think that this is going to be the issue that could very well decide who sits in the White House -- thirteen because unless some on -- event comes about this is all about jobs and it.
Economy it's -- the idea of private equity vs public equity.
And in Mitt Romney's right he's saying that I've done a better job you know I'm better -- turning things around and being adept -- cleaning up messes obviously Solyndra.
Was -- product was a public equity situation we put money in there.
And it failed.
You know they also -- they're gonna turn around and say the same time we didn't we we made a profit and GMC it will when people don't realize is if you're not turning a profit you're not adding jobs -- what showing here.
Frankly is it to you this administration's lack of understanding about how the economy works and if Romney can messages properties when the election.
Many hints that so well comparing being excellent just like Kate you know this -- -- -- flip flops like they're completely different thanks so -- if there is.
You know it's -- -- the upper quarter million jobs as a dad and clean energy sector right them so there is using taxpayer money not.
Well -- is there's been a four point 25 million new jobs under promise to sit in it and there's just.
Straight months of private sector -- private sector job growth and money has one of the worst record have one of the worst records in the country's governor for job creation so what is unemployment was lower Villanova stayed out of the job market rate and is still you know it will -- Not much you know much vs the national average in terms of his records governess like -- talk about -- -- -- experience is being at eight.
So that's that that's -- background.
Right -- and then there's all this talk of Solyndra what -- you give us a hundred such you know it's -- -- Albatross and a presence that there's been now there's been nothing that's come out all this talk -- -- they released over 101000 pages of documents.
On you know he can't imagine that anything happening ended of this administration -- they just you know voluntarily release -- 101000 pages -- you know there.
It was a good night to be fair though that was a debacle right excellent group was White House Emanuel -- this was a blank show I can usually work on the Internet -- Internet does not tolerate.
Talk it was a debacle.
Expected designated -- you sign a curse and saying -- don't -- -- it would use that aren't so it was not -- can we can we agree though it was not -- but there's.
In this hot that it is -- now is indicative of some.
-- some something run in the White House is just a completely -- -- now by comparison -- been been issue which.
In Mitt Romney himself uses as his main credential for being you know being -- being president.
Even my uncle what he did was it create profits is just his job was not to create -- But to make money from suffers investors and -- is fine.
Nobody job -- an ordeal -- business whose job -- create jobs if you're not turning a profit.
Okay you're not adding jobs it's that simple whether you're running a lemonade stand on the corner of your operating staples if you're not turning a profit you're not adding jobs.
I mean it doesn't do anything to address book for Scotland's anything address fan OK with -- way to look -- look look at women and I mean you're talking and a huge huge increase.
Any income inequality over the last few decades rehash you know folks at the very top -- and I miss it creating jobs necessary and I creating jobs that commiserate with -- You know.
Million dollar bonuses golden parachutes all these you know.
Horrible things that we're hearing that it well read -- 99% are getting less and less and you know when you have Mitt Romney -- time after time after time that he can really get average there it keeps getting that language average.
But yeah -- 2008 Carolina income inequality -- point of saying -- the taxpayer funds in the Solyndra was to help with energy and to create jobs.
This failed and you lost billions of taxpayers' dollars and we can go to something that you guys wanna talk about when you guys how -- say GM is profitable again wow.
-- we had -- -- -- GM but she didn't actually had as many jobs lost and frankly you actually violated the terms of free enterprise because what you did as you put.
Union contracts at a classy debt holders are -- what I know I don't Adam wasn't.
Because -- the -- -- are right now this trial is getting pretty far off the tracks -- -- you people who are fired up today and the Internet appreciates that lot of good commentary here.
I had there's no Obama should have learned from -- failed attack on bank it's a losing issues voters are impressed with someone who knows how to make money instead of borrowing at.
And we're about losing theirs and and you know what there's truth in that there's truth that it can be a positive for.
Romney but we have to remember this we go through this process these these 23 weeks ahead.
Is that there's good and bad in everything in every issue that comes forward there's there's good and bad it's just a question of how much and with which voters and who it moves on this issue.
Let's -- let's figure this out.
Who is moved to win and you talk about Solyndra does that work work and when we.
Talk excellent retirement shorthand for these things that didn't work out the the stimulative efforts -- didn't work out and moved.
Well first of all the yeah they're couple banks want to cynnex Heather and I think -- -- pulls it same correlation does it -- right station.
And I think Newt Gingrich.
Was always gonna have a hard time getting the nomination and the fact that he's been attacks you know work doesn't mean and it's that being said that any attacks and the reason that he did become the nominee I think.
The reason you didn't become the nominee Prejean did all of that was all all happened well before he's got credibility.
Dates back to the seventies yeah if you really want to give anything -- is now.
Popular actually fall well -- Newt Gingrich wasn't the only one who got hammered for these attacks.
There -- talking about who's now hurting -- back home because of that.
And I think the main attraction I -- and it -- in the fact that he could name three -- yes I was -- yeah I think you're Nelson has not been alone is not the reason that those candidates okay -- We have to go you know -- we're going to get the last word you're gonna get Greg -- the last word and with -- -- wisdom.
As he says profit one thing maximizing impact of American taxpayer dollar another.
Just like I said Greg there's there's good and bad and all of this for both campaigns and this is going to be what in the technical terminology and politics colleague go roofing and we're going to see a lot of go proven between now and in this fall we hope you'll come back and -- what what have -- be -- -- you next time.
-- we're always glad to have you with us thanks for being here thank you okay.
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