junkies, i hope you have fantastic weekend. we'll see you all monday. t! ♪ >> eliot: good evening i'm eliot spitzer and this is vow pint pop the opening numbers were hot. the closing numbers were not. as shares of facebook a company that has literally changed the world went on sale to the general public for the first time today. facebook shares were expected to pop in value. the social network has more than 900 million users worldwide and earned a billion dollars in profit last year. with stock priced at $38 a share, a total for more than $104 billion facebook made billions before a single share was trade: no wonder facebook

employees were giddy as founder and ceo mark zuckerberg spoke before trading opened at the nasdaq exchange. zuckerberg in his trademark hoodie, tried to put the ipo in perspective. >> going public is an important milestone in our history. but here's the thing. our mission isn't to be a public company. our mission is to make the world more open and connected. in the past eight years, all of you out there have build the largest community in the history of the world. >> with zuckerberg leaving they've, indeed, done that. facebook communities have mid history allowing protesters in in the arab spring up rising to create network movements that shook the region, forcing governments in egypt and tunisia to resign. investors hoping to make financial history saw the stock price climb at first but then saw it slide right back.

they ended the day up just $0.23. with 28% of facebook's equity, mark zuckerberg's share of facebook is worth more than $19 billion. not bad for a kid eight years out of school. evelyn reporter with the "new york times," and evelyn, they sold 25% of the company. where is--who owns the rest? is it just floating out there in the easter out there ether out there? >> typically when a company goes public, they don't release all their shares. this offering was one of the largest, especially compared to technology offerings which we have seen in the past have been

9% or 10%. they put a good chunk out in the market. >> eliot: the first time they sell shares, a way of raising cash. what is the company going to do with all this money. what are they going to do for it? >> i think they're going to buy hoodies for all the wall street analysts. >> eliot: maybe they need to run and hide. >> they're going to be looking for acquisition. instar gram. smaller acquisitions, and they're going to be looking to bring in new talent, fresh blood and companies that can help retain that innovative spirit. >> eliot: they sold a piece of the company 25%, they bring in cash and they use that to grow build out, advertise, do things to permit growth and the other 75% is for zuckerberg. >> there is plenty of own availability. with that acquisition, the

largest in facebook history that was one $1 billion. they're going to have to continue to spend on mobile. that's something that executives have said. >> eliot: we'll get to the business model in a second. but the pricing of this, everybody in ipos the tech ipos that jump 20% 30%, 40%, then companies go bankrupt. was the pricing good? people were watching the stock all day. people who don't normally follow the stock market. >> some insiders say they may have been a bit aggressive. morgan stanley is their lead through this ipo. but a lot of investors are probably more comfortable around 35. on a normal trading day when there weren't so many tradeing glitches with the nasdaq, they probably could have had a better pop. >> eliot: the company is worth $100 billion. ape ratio, price to equity.

basically they're 100 to 1. >> they're being valued really high because of the promise of what facebook represents. like you said before it's 900 plus million people accessing the site a month also on their mobile site. that's a lot of power. >> eliot: but they're going to have to grow those profits a whole lot to justify $100 billion valuation. how can they make money? look i'm too old for this thing. i don't know facebook, twitter all this stuff. i guess i do a little bit, but the reality is they're targeting your generation. i hear people use it less but when you use it how do they make money. >> first of all, they're not just targeting our generation. that's 900 million users, that's not just 20-something. >> eliot: we'll go to 30-something. >> all right, 14 years old. but the revenues now come from advertising. they're going to try to move into new areas of business.

they're going to be looking at the gms and the fords to keep paying those advertising, not gm, they pulled out. but they're going to be looking at their users. not to use facebook, but for certainly things like we could use facebook to check out or to buy movies, to buy apps, clothes. >> eliot: sort of what google has done. but let's not leave the advertising yet. until thou they've had advertising revenue model. general motors was spending $10 million. buying space on facebook that would go out if a targeted way to people who were expressing an interest in renting a car. but they pulled their advertising. they say people are using this as a way to communicating but don't want the interference of advertising. >> well, that's the trick. i talked to martin sorrell who said it's not an advertising mechanism but a branding mechanism. you could be a company with a

page and interacting with an audience and and not spinning a spending a. >> eliot: you made a distinction that is important. brand creation, where you want the public to have a general sense of who you are what you do politicians do it every day from now until november. but selling something is a different communication vehicle. people will pay more to sell than nor brand creation at the end of the day. >> yes. >> eliot: if it's only good for brand creation, a limited number of companies will do it. that may suggest that their business model has a flaw. >> yeah, but what they have that other companies don't have is us. so many information about us. we've just gun to scratch the surface with what they can do with that. why buy the cow when you can get the milk for free, right? but really i think-- >> eliot: you bought some cows? >> but you know, people are saying facebook has been stingy

with the data that it has about its user. the apps could get much more personalized and to the phones they haven't gone there yet. >> eliot: in the last quarter they saw their ad revenue decline. year over year was up quarter-to-quarter, which was down, it's a trendline. who knows what to make of it. that could be worry to a company. but the information is the information and how aggressive they use it, of course, is the issue of privacy. how comfortable are people going to be when they begin to realize that their ads are targeted in such detail because they know what you bought at a drugstore last week. >> they still use g mail. that's crazy too when i see ads popping up about very personal communication. >> eliot: when will people rebel against that. >> there have been these moments where they tried to make it more open and create more data and take back from their users and expose them in different ways. and you have people rise up and then eventually they come around

to mark the vision. there has been this long-standing history of having this tension between the users and mark and so far his vision has ultimately played out. there could be a point where it goes too far. but so far the users see more value on being facebook than not. >> eliot: he has created, and he said this in the short clip we played. the largest community in the world, 900 million people on one company's creative entity. that's staggering. but monday advertising it for the investment world is harder as we go forward. you alluded to the issue of mobile. they don't know how to make money on the mobile use of facebook at this point. >> they've been very clear about it. they've been very open about it. last year, late last year they had a very small mobile staff. they're trying to ramp it up and find a way to be surfaceing more ads in a seamless way. mark from the very beginning said i want ads that will augment the experience. it has taken them a little bit of time but i think eventually

they'll make more money over mobile. it's inevitable. >> eliot: you talked also abouts possibility of some how reaching into the younger folks, 14 15-year-olds. how do you make money on them and is that ethical? honestly as a parent i'm saying i don't want my 14 and 15-year-olds being bomb bombarded and having their information stored. mark zuckerberg may be a decent guy. i say the movie. who knows how it's going to shake out. but i don't want my kid's information going there. i'm worried about that. if that's their base, that's not so good. >> that's not just their base. when facebook bought instar gram, the reaction of a 12-year-old, they're going to ruin it. i love instar gram i hit facebook. today, someone tweeted, why are people buying facebook. it's over. that's dangerous. there is a cool factor.

we're spending more time on facebook on our phones-- >> eliot: this is hardly a random sample, but i teach a class. i asked the kids in my class, are you using facebook more or less. all but one said less. i said is there an alternative that is cooler, they said twitter. maybe the cool factor has, in fact, been lost and facebook has become institutional, it's become well street. they need their own brand creation on their own vehicle. >> right, part of the problem with facebook is that sort of the big gang theory. it's getting big and not just me and my friends. walmart is there coca-cola is there where do you draw the line. that's over. no i think it's absolutely an issue. what is my space--not "my space"

space." >> almost bankrupt. that went the way of the dinosaur. >> right. >> eliot: we only have a minute. there was a trading glitch. they were supposed to open at 11:00. everyone is watching and nothing happens. what do which know about what happened why, and of all ipos, why this one? >> from my understanding talking to people familiar with the situation, it was just a system overload. think about it, there are hundreds of millions of shares trying to go traded here. and nasdaq typically does not handle offerings of that size. it was a lot for the system to take on. there were traders there trying to make sense of the market. that's hard. when you get out of the gates and the psychology of the market is already messed up that's really troubling for your stock. they could have done a lot of better if it was a normal trading day where everything went well. >> eliot: if you can't answer it for journalistic reasons, i understand. should everyone shorten the stock come money?

it was flat today. the froth was gone. what do you think, long-term buy? >> there is a lot of risk shoring it on monday. once the market figures itself out you'll get that normal trading. a lot of analysts expected a bigger bump. over the short-term medium-term, it will be higher. i wouldn't shore it on monday. >> eliot: do you agree? >> mark zuckerberg is a visionary. >> eliot: you support mark zuckerberg. i'll send him a letter. edwin, and bianca, thank you so much for coming in tonight. congress had a chance to stop indefinite detention, but apparently they're still good with it. ahead on "viewpoint." (vo) don't miss your chance to catch the premiere of the gavin newsom show. with special guests: >> i'm lance armstrong. if somebody put my back into a corner, i'm coming out

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>> eliot: the tremor under the american legislative exchange council may have turned into a full-fledge earthquake. 11. the number of state legislatures who withdrew support as we reported several other dozen lawmakers broke tie with the conservative group and more than a dozen companies have pulled financial support. alec helped spread the stand your ground law. it wrote voteer i.d. bills, and it's language shows up in bills attacking unionses. aelectric's nonpartisan facade is cracking. it is a republican group and there is no hiding jennifer granholm is politically direct on current tv. >>the dominoes are starting to

fall. (vo) granholm is live in the war room. >> what should women be doing? >> electing women to office. (vo) she's a political trailblazer. >>republicans of course didn't let facts get in the way of spin. >>do it, for america. >>(narrator) gavin newsom, lieutenant governor of california, and former mayor of san francisco is on current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. next. only on current tv.

>> eliot: this week something remarkable happened. the federal judge in new york entered a order stopping the government from enforcing farther of a statute designed to permit the prosecution of those who assisted terrorists. the statute was so broad and ambiguous that it could be used to prosecute journalists and the basic first amendment rights could be infringed upon. they could have further clarified but it was voted down. joining me now is bruce, lead counsel on the case that brought the surprising, unexpected and good result. thanks for your time, bruce. first of all tell us what the statute is and why in your view and now the judge that it was overly broad. >> the statute stated anyone could be brought into military detention for the duration of hostilities, and we know that

means indefinitely. >> eliot: do you mean the government can't make it a crime to support a terrorist group. >> yes, it could be a crime. >> eliot: the issue was not the notion of supporting the terrorist group but the lack of specificity of the statute that gave unbridled latitude to those who could choose whom to pick up and whom to prosecute. >> with the pull. >> eliot: i was a lawyer once. >> i know that. and we're similar pat sympati cico on this. >> eliot: who were in this. >> more on the left of course and who have associates on the terrorist organizations who cover them. >> eliot: you say those on the left there has been push back from very conservative

individuals as well who likewise view the lack of specificity in the statute as something dangerous. >> absolutely herb titus put together a group to join us. conservatives and liberals joined together. >> eliot: you had these plaintiffs. you said, judge, this statute does what? >> this statute judge embraces any kind of speech touching on any kind of terrorist movement or fundamentalist movement in the world and can take any speaker of that nature and force them in military detention and the judge agreed. >> eliot: and clearly it was the first amendment impact that troubled this court. >> she was deeply moved by that. she said as an applied basis, we call it. i said this is facially unconstitutional. >> eliot: when you challenge you prosecuted this person and that singular prosecution violates the constitution. when you bring a facial

challenge to the statute, you are saying it's so overbroad that no matter what you do with it, it's unconstitutional, a much heavier lift. >> a much heavier lift. >> eliot: but you still won. >> we still won. it has only happened 20 or 30 times in the past few years. >> eliot: when the government lawyer showed up and was asked by the judge, give us guidance and explain the perimeters why legitimate journalists, why they could not be prosecuted what did the government lawyer say. >> five times they said your honor, we will not answer that question. five times she asked them, will you bring them in military custody. and five themes they said we will not answer that. >> eliot: from the colloquy from

the transcript in her opinion was the sense that the government didn't want to give any guidance to a legitimate journalist about what they can write, and who they could talk to. >> the statute gives no guidance. no onethey have no idea if one would end up in the leavenworth. >> eliot: if you're trying to write an article about it and in the course of research, you talk to them you write an article that expresses what they have said, do you know if that doesn't create liability. >> chris hedges told the story to tell people who they are, and he has reason to fear this law. >> eliot: and the affidavit that you submitted on his behalf, he went through all that. he said, look i need to know what i can and cannot do. >> this law gives no guidance and all and seems to give the

government this massive tool to use when it picks and choose who it wants to bring in. >> eliot: what happens now? >> what happens now we wait and see if the government wants to appeal. technically they could try for a full trial but when they offered no evidence, no affidavits, no documents, no witnesses, it seems likely there won't be anything further. >> eliot: there was a hearing, and usually a political injunction hear something tantamount to a trial because the government had a chance to make it's record and failed. >> that's right. my co-counsel and i wanted the judge to enter a permanent injunction and let the statute be history. >> eliot: and then there would be an appeal. >> then there would be an appeal. >> eliot: you could only count ten instances of facial challenge to a statute like this has been entered, second circuit, there are conservative judges there. i don't want to say that you won't win on appeal but how do you assess the difficulty going up the courts. >> i think in this case i think

we have success. this statute is so void of any guidance and so proud in its sweeping terms, i think we can win this. >> eliot: a fascinating case which pits the first amendment against legitimate security concerns and clearly a job of poor drafting by the congress poor articulation by the justice department. great lawyering by you maybe lousy lawyering by the justice department. many thanks for coming in. >> thank you eliot. >> eliot: outraged, a facebook titan is avoiding >>we're just getting started. (vo) the state of the 2012 campaign. brought to you by spiriva. if you have copd like i do you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours.

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for years others...we just found a cool ingredient. many we brewed just once to see how they would taste. why? -- because at sam adams we love beer. ♪ ♪ [ train whistle blows ] [ ball hitting paddle ] [ orbit girl ] don't let food hang around. yeah! [ orbit trumpet ] clean it up with orbit! [ orbit glint ] fabulous! for a good clean feeling. ♪ eat, drink, chew orbit! ♪ >> coming up, the shocking abuse of undocumented immigrant workers. but first mitt romney is

standing by what he can't even remember saying. bill o'reilly is all about bipartisanship and rick santelli is unfortunately staying in the country. when it doesn't fit anywhere else we put it in the viewfinder. >> anybody getting any money? anybody getting money folks? >> mark zuckerberg has 503-point shares. at 38 shares its worth $19.1 billion. >> welcome to fabulous. >> one of the original founders now wants to denounce his u.s. citizenship so he doesn't have to pay $67 million in tax. >> he has done it. >> yes. >> and guess what, now there are two democrats on capitol hill who want to enact a new law so people can't do that any more. >> you would never renounce your citizenship, right? >> i would never. nobody is going to chase me out

of my country. >> if he's were president, i would say we have to put aside this partisan garbage. we have to make some compromises. eled it would be more of a spiritual uplifting type of thing. >> what is the beef from the obama administration? why are they trying to demonize americans like me who have made money the old fashioned way, we earned it. >> of course everybody wants to talk about jpmorgan who beat up on jamie dimon. >> he lost $2 billion, right? they announced that on friday. then sunday they announceed that the guy responsible was stepping down. i'm like, we didn't even need that announcement. if you lose $2 billion don't show up on monday. >> good morning. >> oh, yeah anybody see the game? [laughter] >> thank you for being here. >> thank you for having me. >> all the best sir. >> well, we have a developing story in ohio now tom, don't leave yet.

sit there until the tease is done. >> nice to see elmer fudd working again. >> nothing precisely what i said but i stand by what i said whatever it was. and i'll go back and look at what was said there. >> eliot: i've said it before. easily the most awkward politician in history. coming up what could immigrant farm workers do when they're sexually and everyone likes 50% more cash -- well, except her. no! but, i'm about to change that. ♪ every little baby wants 50% more cash... ♪ phhht! fine, you try. [ strings breaking wood splintering ] ha ha.

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[ mocking tone ] i'm ms. brown. i'm soooo chocolatey. i'm giving away money to make people like me-eee -- is what he said. and i was like "you watch your mouth. she's my friend." friend is a strong word. [ male announcer ] chocolate just got more irresistible. find the all brown bag and you could win! >> eliot: at least 50% of the united states agricultural workforce is comprised of undocumented immigrants. according to a harrowing reporting those hundreds of thousands of immigrant workers face high risk of sexual harassment in the workplace. virtually all of the women interviewed described being victims of or witnesses to sexual misconduct.

corroborating the mistreatment of immigrant works workers. >> eliot: this report comes as a house g.o.p. wednesday passed a version of the violence against women act that eliminates the limited but vital protections undocumented workers currently positive. here to discuss this disturbing contradiction is researcher grace meng. thank you for coming in. give us a sense of the magnitude of this problem and why you think it exists. >> it's hard to put an exact number on the figure because it's so hard to survey a fearful population. but what is clear from our research workers working a

variety of crops in states across the country describe accounts that were similar, that followed a pattern of people abusing power. it became close to us that there were systemic reasons for these women's vulnerability and systemic reasons why they don't were the abuses. >> eliot: you have farmers who hire on a very temporary basis workers who travel and hence the name, migrate from one farm to another, based on when various crops are ripe for picking. >> right. >> eliot: the fact that the workers are undocumented makes them vulnerable. >> yes, and they make very little wages. they work long hours. they are often--because they are a migratory they don't know the services that are available in the towns that they're in and it makes them isolated a vulnerable. >> eliot: when they are attacked harassed, victims of crime, where do they think they can go? >> a lot of women told me that

they really didn't know where they could go. the women who have reported abuses to the police or filed lawsuits only did so with the help of lawyers and advocates people in their towns who could help them but it was not common for people to find such help. >> eliot: not to put too fine a point on it what are workers afraid of? they'll go to the police and then what will happen? >> i had women tell me in new york that they were afraid that the police would call immigration. that was a fear echoed in other places throughout the country. it's just a major factor in their fear. >> eliot: so what you're really dealing with here is the tension of forcing the laws that prohibit harassment sexual violence, versus ins will come in get their names and law enforcement will turn them in and they'll be deported. >> i think it's laws like the anti-immigrant laws of alabama and arizona that encourage the

local police get involved with local immigration issues have fear of the police. they know that they're not here legally but these new laws and programs have sent a message that they cannot expect protection from the the police. >> eliot: is used to be the case that women protection act would give rudementry protection for migrant workers. >> there is a visa for those who work with law enforcement. women had received this visa and enabled them to move on with their lives. unfortunately, this visa, if you have this visa when it expires you're allowed to apply for legal permanent status this gives people confidence to go forward. but unfortunately they just passed the act that would

eliminate this pass. >> eliot: what is the legal impact in terms of the willingness of people to come forward with evidence. >> you just imagine a woman going to the police and think, wow, i might be able to apply for a visa, but that will only last for four years. then where will i be? i'll be here without legal status. >> eliot: this is part and parcel in the larger legal chain in the legal dynamic where various states have led to the passage of laws that are anti-immigrant in tone and in the way they've been implemented. >> it's very troubling. i think one thing we're really clear at human rights law, all persons regardless have a right of protection from crimes and other abuses. what is really troubling about the growing anti-immigrant sentiment, the idea if you violateed immigration laws then suddenly you're no longer entitled to these rights. >> eliot: farmers have traditionally been supportive of immigrant rights.

farmers, i remember when i was in government, i was surprised by this, farmers depend on the migrant workers to get the crops picked. there is almost a similar symbiotic relationship there. but this issue of sexual abuse and harassment is obviously a point of tension between the owner of the farm and the worker. how does this fit in the context where farmers have been supportive of immigrant rights. >> what is upsetting, even in this industry employer workers, they have not been able to pass--very serious bipartisan that has passed--this is an area where this is a broad bipartisan support. >> eliot: i remember this when i was attorney general in up state new york in agricultural communities farmers were the most vocal supportsers of

workers, those coming in and doing sweeps wrongs and completely disruptive to their miss model as well. what is next. >> we're urging congress to pass the violence against women act. that's the least they can do. but we have to be realistic and acknowledge it's not sustainable to be eating food that is grown by people who are undocumented. >> eliot: it was passed by 68 votes, and hopefully that protection you're talking about will emerge. the report is called "as a result kateing fear." which can be found on their website www.website. doestheetch-a-sketchreally wo doestheetch-a-sketchreallywo rk? do i evenenenenenenenenenenenenenenenenenenenenenenenenenenenenen

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>> eliot: later on treasury secretary tim geithner says things that the at the new york federal reserve look bad. he can't admit that they are bad. come on, tim get with the program. but first let's head west and talk to your friend governor granholm. what's on tap? >> we're talking vast right-wing conspiracy. >> eliot: how vast? >> so big, we're diving into the really conservative think tangor like alec, the american legislative exchange council and others. do you know there is an umbrella organization called the state policy network that has 59 of these billionaire funded think tanks? we have the perfect red state candidate. his name is rich carmona. he's a purple heart veteran he served the administration, he

has poor roots, he has it all and he has a real shot at winning in arizona. >> eliot: what is that group. >> the state policy network. >> eliot: they did not invite me to join did they invite you? >> no, and i bet they're not going to be happy that i talk about them tonight. >> eliot: put a big star over theirrrrrrrrrrrrrrrrrrrrrrrrrrrr our conversation is with you the viewer because we're independent. >>here's how you can connect with "viewpoint with eliot spitzer." >>questions, of course, need to be answered. >>we will not settle for the easy answers. ?ñ?ñ >>(narrator) gavin newsom, lieutenant governor of california, and former mayor of san francisco is on current tv. >>every night on cable news networks everyone's focusing on what's wrong. i want this show to move past that. i love creative people, and with all the vexing problems we have we need creative thinking. >>(narrator) with interviews with notables from silicon

valley, hollywood, and beyond. >>at the end of the day this show's simple. it's about ideas. ideas are the best politics. ideas can bring us together. >>(narrator) the gavin newsom show. next. only on current tv. ♪ >> eliot: tim geithner just can't get it right. asked last night on pbs whether he agreed with elizabether with republican's assertion that jamie dimon should resign from the board of the new york federal reserve bank geithner's first instinct was to take a lap at warren. geithner tried to dismiss the issue as one of perception. >> the american people need to understand that the fed was set up that way. those banks and the members of the board play no role in supervision. they have no role in the writing of the rules and they play no roles in the way the fed reacts

to financial crisis. the role is to provide perspective in the economy as a whole. i agree with you the perception is a problem and it's worth trying to figure out how to fix that. >> eliot: this is not just an issue of perception. what geithner doesn't tell you is that the board does the single most important thing any board does. it chooses the president of the fed. the person who does make all the decisions, writes all the rules and makes all the calls in the midst of a crisis. geithner knows this i assume he knows this. i assume he remembers who chose him to be president of the new york fed, the position he held before becoming treasury secretary. including hank greenberg of aig fame and john whitehead of goldman sachs. just a couple of regular joes representing the best interest of the public. don't be fooled by what geithner says when he says this is just a

matter of perception. geithner bank the big banks guy in washington after he was chosen by wall street players to run the fed. it's about time the fed was run to represent the broader public interest, not the interest of wall street institutions. and to make that happen we had better change the way the fed is governed, and step one is for

if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now.

♪ >> eliot: it may have been the best week yet for mitt romney after going through a vitriolic primary, romney has now made it

to the honeymoon phase, but can he turn the honeymoon into a long-term marriage. 50% of the country now views him favorably. the highest level of recorded since gallup began tracking romney's favorability back in 2007. the highest by 10 points. with his new-found favorability comes money. it seems to be pouring in for mr. romney, with the rnc raking in over $40 million in april, just $3 million behind obama and the dnc. attempting to extend the honeymoon, the romney campaign released it's first general election ad. >> what would a romney presidency be like? day one president romney immediately approves the keystone pipeline creating thousands of jobs that obama blocked. president romney introduces tax cuts and reforms that reward job creators, not punish them. president romney issues order to begin replacing obama care with common sense healthcare reform.

that's what a romney presidency will be like. >> joining me now to recap the week that was is former response man for the gingrich campaign rick tyler and chris kofinis, democrats strategist and former chief of staff for senator joe manchin. thank you for being here tonight. >> good to be here. >> eliot: everything is defined in terms of doing something that president obama did not do or has done. not an affirmative mention. does that make sense to you? will this create an affirmative appeal that governor romney needs? >> well, governor, i'm a little biased because we came up with the day one idea with newt gringrich a year ago. we were contemplating the rolling out the day one plan so i'm a little biased. you do need to contrast what you do with obama. he does this successfully. i will say that mitt romney has

still failed to layout a compelling vision for what his presidency would be like, but this is a good start. >> eliot: i think you just touched on the last issue but counter punching in a counterpoint exclusively is not a vision. saying that i'm going to run a pipeline does not sound like you're running for president. when you're running pore president, you want to be the rabbi, the priest, the minister the grand architect. building a pipeline, that's a ceo, chris am i missing something here? >> no, you're not hissing not missing something. but there is no emotion to his campaign. you remember with senator obama's campaign, there was real motion. you could feel it. you could see it. you could see it in their message. there is no overarching message in the romney campaign. it will get down to this technical policy about here's what we're going to do but not if we leave the country.

until they make that connection they're going to have a real problem connecting with voters. >> eliot: i agree with you emotion and passion is a wonderful thing when you can harness it, but you can't manufacture it out of thin air. sarah palin love her or not, you got to give her credit for that line how is that hopey changing thing working out for you. in a way they're saying we're not that either. we're not this set of emotions that disappear. maybe you're saying it's better to be tangible, real concrete like a pipeline. rick, is there some mitter to that? >> i think romney needs to play to his strength. mitt romney needs to play to his strength. every time they try to make mitt romney relevant they make him more irrelevant. he has great business experience. he talks about turning around companies. i contend that government is not a business nor run like a

business but you have to buy the past present and future together. once you buy a vision for the future and then tell me about your policies, they can say all they want and bash all the policies i know where those policies leave me, but he has not laid out where those policies lead to. therefore his opponents can't say this policy is bad because of x y, z, but people can say i want that vision, which is prosperity which i would argue for, then people understand it. people can say i'm for this policy because i want that vision. >> it sounds like very much what you were as spokesman of newt gringrich. i don't want to relitigate that stuff. but if you were mitt romney's campaign adviser how would you capture that. >> you have to explain why there is hope in the future rand energy and economy.

think about energy, it not only leads to the middle east policy but israel, and foreign policy and job and you can tie that in very well because prosperous countries protect the environment better than anybody else. and you can talk about new technologies and it's very exciting future. but if you can do that and bind it in prosperity you can do that very well. the force is energy. >> eliot: i think you're right that is an issue above others one or four or five of them, but president obama has a great story to talk about when you get to energy in terms of what is already happening and in terms of domestic production and terms of pricing. i'm not sure that that is debate that mitt romney wants to pick. but mitt romney's line ability

is up over 50%. the president has stalled where he is. he played the same-sex marriage card. that did not generate a bump of any sort. the economy is hitting rocks, to say the least. what would you say right now so they don't enter a long hot summer. >> here is my biggest concern by democrats in general. we tend to count elections over before they're over. if you listen to some of the folks back in d.c. that i talk to, you would think that this campaign and this election is done. the reality is all his weaknesses and he has a lot of weaknesses romney is going to be a formable candidate. it has nothing to do with him or his campaign but the circumstances that we find this country. there is frustration and anger. i think the obama campaign has to pivot a little bit. i think on the negative side i think they have to really under cut this argument that he fixes thing. that's the crux of the romney campaign. onon the positive side, if i were

to advise him part of what you did and the thread you can tie if you will, in terms of all the decisions you made, healthcare, taxes, you stood up for the middle class. you stood up for those people who didn't have a voice. you stood up against those who were going to take the economy and the country off the cliff. that's the part that is missing a little bit. what is the campaign really standing for? in kind of a weird way they're trying to play the romney campaign in reverse, under cut romney and i don't think that will be enough. >> eliot: rick, you give response to that. the first debate, president obama stands up and says everything i did was geared to protecting the middle class. how does governor romney respond to that? >> that's a good argument and someone has to win that argument. i would say that governor romney would win that argument by saying the president's record has led to the middle class struggling which obama wants to

defend. for obama's policies you wouldn't have to defend the middle class. romney has to articulate that argument and why it leads to a much more prosperous future. he has got to get across that he'll do much better with his policies than the president. i think he could do that. >> eliot: i think what we're seeing neither side has an ease affirmative argument to make and the white house with the millstone around its neck with where the economy is and drawing the contrast saying it would have been worse but for we come back from the depths of abyss. and the middle class still struggling. and governor romney still does not have an affirmative argument. give me ten seconds of affirmative argument for governor romney. >> i think governor romney does have business experience. he knows how the economy works. this will come down to whether mitt romney can create jobs by creating the environment for the private