is the gop nomination fight between romney and perry or is new jersey governor chris christie about to reshape the field yet again? >> what happened to state senator obama? when did he decide to become a divider who spoke so eloquently in 2004. >> governor perry stumbles in the debates and raises questions about his viability. romney stays. and is kane suddenly able? who will pose the biggest threat to the obama re-election effort. the big question for the president, the weak economy can he rally his base, get a jobs bill passed, and overcome what one adviser calls a titanic struggle to win a second term? >> i need you to help finish what we started in 2008. back then we started this campaign not because we thought

it would be a cake walk. >> a debate this morning between governor bob mcdonnell, republican of the important swing state virginia, and chair of the republican governor's association. and governor deval patrick, democrat of massachusetts. then insights from our roundtable. the political primary calendar in flux as is the political map and the road to 270. how does the president hold state like ohio with so many americans out of work? plus, the political unknowns, christie and sarah palin, in or out? with us, republican strategist, "time" magazine columnist mike murphy. "wall street journal" columnist peggy noonan. democratic congressman from california, and deficit cutting super committee member, javier becerra. and "washington post" columnist e.j. dionne. good morning. it's been a full weekend of political positioning. last night, president obama, in a speech to the human rights campaign, rallied his base and

pushed again for a jobs bill. >> i'm counting on you to have my back. go out there. and get them to pass this bill. >> and fresh off another national security victory, the killing of a u.s.-born al qaeda cleric anwar all awlaki, the president challenged after a gay soldier was heckled at a gop debate. >> -- it's okay for a stage full of political leaders, one of whom could end up being the president of the united states, being silenced when an american soldier is booed. >> meantime, republican candidates texas governor rick perry campaigned at five events in new hampshire this weekend, and trying to deflect criticism over his more moderate immigration stance, suggested that u.s. troops might actually be sent to mexico to help fight the drug war there. and the political left mobilized against wall street over the weekend, more than 700 protesters from the occupied wall street movement were arrested on the brooklyn bridge.

joining me now to talk about it all, governor bob mcdonnell, republican of virginia, and governor deval patrick, democrat of massachusetts. welcome to both of you. >> good morning. >> a lot to talk about on the political landscape right now. governor patrick, let me start with you. the president seems to be against the wall here as we begins this campaign for re-election. a top adviser, david axelrod, now outside the white house, but he was his communications adviser, gave a speech in manchester, new hampshire, on tuesday. this is what he said the stakes are. >> we have the wind in our face because the american people have the wind in their faces. and so this is going to be a titanic struggle. but i firmly believe we're on the right side of the struggle. >> a titanic struggle. so what's the president have? what does he have as a message? has he found his voice to overcome that struggle? >> well, first of all, i think it's important to point out the president's not taking this election for granted. and candidates shouldn't. i hope democrats are nervous.

i think that that's more consistent with how people are feeling in the general population. and i think the question is, do we want a government that is on the side of helping people help themselves? or do we want a philosophy which the national republican party has been pushing anyway, which says that everybody's on his or her own? i think at the end of the day, the american people are going to choose a partnership with leadership in the form of president obama, which is about helping people help themselves. and the jobs bill is just the most recent. and i think very important -- >> what is he doing now? is this a base strategy? is that where you think the president finds his voice? >> you know, you might be asking the wrong person because i don't do all the strategies and all that stuff. i think the president is about trying to make sure that every american, regardless of party, those who see themselves as democrats or republicans, or don't see themselves as aligned at all, understand that he is on their side, and with this jobs bill, he can help. we can help. >> governor mcdonnell, rhetoric matters. and the president is in a new phase in terms of how he takes on republicans. earlier last month he sat down

with our own brian williams, and when it came to responding to republicans, this is what he had to say. >> i'm not going to start reacting to republican rhetoric in a presidential campaign. let them decide who it is that is going to be their standard bearer and we'll have more than ample time to have a debate with them. >> he was at 35,000 feet. now he's down to the tree line, right? this is what he said just this past week at a fund-raiser out west. the president saying, i mean, has anybody been watching the debates lately? you've got a governor -- he's talking about perry here -- whose state is on fire, denying climate challenge. he's engaging republicans. he's calling them out by name. he must like the comparison. >> well, all eyes, of course, are on the republicans. there's no competition on the democratic side. let's not -- for now, there may be if things don't get a little bit better. but look, this election is about three things. and the democrats are on the wrong side of it. it's about jobs and economic development, sustained 31 months now over 8%. president promised to get us

under 8%. we're at 9.1% now. it's about spending and debts and deficit. we're at $14 trillion with the approval of the debt limit increase. it's going to be over $16 trillion. greatest increase in the national debt in history. and it's about leadership. it's about what party believes in the american dream and american exceptionalism. and i think we're getting back in a period of malaise like jimmy carter. that's not what's going to -- >> all right. we're going to talk about the economy in just a moment, but as a comparison, do you worry, as a sitting governor, as chair of the governor's association, that the national republican party is fielding candidates who will ultimately have to be too extreme and will lose the opportunity to retake the political center, which is how presidential campaigns are won? >> no. because they're talking about jobs, spending, leadership, energy, they're talking about the kitchen table issues that people really care about. and so after this inner squad scrimmage is done over six, seven, eight months. of course, there will be people

beating each other up a little bit. but republicans have a great desire to win and they will rally around the candidate big time. >> let's talk about jobs. for both of you i want to point out a "wall street journal" survey that was done from the business roundtable about hiring. i'll put it up on the screen. top business executives are less confident now about the u.s. economic outlook and their ability to hire new workers than in previous quarters this year. only 36% of ceos thought their company's u.s. employment would increase in the next six months, 24% thought it would increase -- would decrease rather. and that's according to a survey of 140 ceos done by the business roundtable. this goes on to point out that in the second quarter the numbers were different. 51% thought they'd be hiring more. only 11% thought it would decrease. the outlook is bleaker. what can and what should government do? >> well, let me just say that at home in the commonwealth of massachusetts, we're growing jobs faster than 44 other states. our unemployment rate is well below the national average. as it is in virginia. and going down. we've moved up. we're chasing virginia, which is

first in the nation in the best places to do business. we've moved up to fifth or sixth at this point. that's because we have a strategy. it's a strategy about investing in education. in innovation. and in infrastructure. and, frankly, that's exactly what the president's been talking about at the national level. that's what the stimulus bill has been about. and that's what the jobs bill accelerates. so i don't think that simply, you know, this notion that you hear sometimes from national republicans of cutting spending, shrinking government, crushing unions and waiting is a strategy that's going to get us anywhere. what we have to be about is a wise partnership, public and private, investing in our future -- >> all right. but as the governor of massachusetts, what are the consequences of ina? because reality is the president's campaigning for a jobs bill. the outlook is not very strong. so what are the consequences of doing nothing at the federal level? >> david, if i just say i think the consequences are dire. and i think they reflect terribly on the folks who say, no to whatever the president puts forward.

you know, we in both of our respective states, if i may say of governor mcdonnell, we have worked in partnership with people who differ from us politically because we understand that people look to us to help, not to solve every problem in everybody's life, but to help people help themselves. and we are all looking to the federal government that way. i think the president has shown over and over and over again, sometimes to the dismay of his supporters, that he's willing to reach across -- >> you hear governor mcdonnell from the president's advisers that the republicans nationally have been die bollicly successful in blaming all dysfunction in the government on the president and basically saying no to effectively everything. what are the consequences of inaction by the federal government to do something to jump-start hiring? >> well, i don't buy that argument in the first place. i think that's a lack of leadership. deval's right. when you're a governor, you've got to balance budgets, get stuff done on time. you can't make excuses. you're held directly responsible

for outcomes in your state. we can't do what the president is doing, which is blaming the house, blaming the tea party, calling the american people soft. i'd say we need stronger leadership. that's what's -- that's what's wrong. and so i think what you've got here is an administration that's very much anti-business. look at this week. the president of coke saying it's easier to do business in china than it is in america. the president of google saying that all of this regulation from washington is stifling innovation. i don't think this is the right approach to be able to recapture the american dream. we ought to be more positive about what a great nation we've got. and i don't hear that from this white house. >> i completely agree about the importance of being positive. and i think this president's patriotism and enthusiasm about this country is beyond question. i think that we've been asking the president to fix the economy with one hand tied behind his back. we've been saying, in effect, make it so the government has no role in regulating excesses on wall street, in trying to assure that multiple bottom lines that government is responsible for are adequately balanced.

and that you should make investments, but we're not going to give you any funds to do so. >> they did regulate wall street. look at dodd/frank that was passed on the president's watch, and now you've got ceos around the country saying that's one of the things that's killing our ability to invest. that's why there's capital and jobs on the sideline. >> we've been talking about health care. we're not going to have this fight, supreme court is likely to look at this now, and in the heat of the campaign year. >> yes. >> governor, you've been forceful in saying that you want to see the federal government over this. you don't want this to become the law -- >> we've already done that. >> you've already done, that excuse me. what's going to happen here? what's the impact of this look going to be? >> it's hard to say. the virginia case, of course, we got bumped out on standing, so we're appealing to the united states supreme court just this week on standing. the florida case will probably be the likely one, i think, of all that will get to the supreme court on the merits. and the fundamental question is can the united states congress force a individual in a state to buy a product or a good, and if not, to get fined? so regardless of what you think

about health care, and i know they geevet a plan in massachusetts, all the parties which the state can do -- this is about whether the federal government can make an individual do it, i think there's broad agreement in the country that we need more access at less cost. but doing it through this one size fits all federal mandate from washington is not the way to go. and that's why the majority of the american people are against it. and why it's going to be a big campaign issue. >> the question that we've -- the national reform is based on what we've been doing in massachusetts for the last five years. and 98% of our residents have health insurance. oilt it's added 1% to state pending. it's been a wild success. there is a challenge everywhere in the country, in terms of managing health care costs down. and that's regardless whether you have a universal system or not. we're going to crack that code in massachusetts, as well. i think that, frankly, to describe this, due respect to my friend bob, to describe this as a mandate for one size fits all is wrong. there is so much flexibility under this proposal to try different ways of accomplishing the same goal. and the goal is recognizing that health is a public good. >> let me come back to politics

now. and i want to ask you about your fellow governor chris christie up in new jersey. he was out at the reagan library this week. he quoted then-senator obama in the 2004 campaign where he talked about one america and used that against him, really, in his criticism. this is what governor christie said this week. >> well, now, seven years later, president obama prepares to divide our nation to achieve re-election. this is not a leadership style. this is a re-election strategy. telling those who are scared and struggling that the only way their lives can get better is to diminish the success of others. insisting that we must tax and take and demonize those who have already achieved the american dream, that may turn out to be good re-election strategy, mr. president, but it is a demoralizing message for america. >> would you like to see him get in the race? do you think he will?

>> it's hard to say. i'm going to leave that up to chris christie. he's an extraordinary communicator. he's a great governor. enormous reforms and everything from the pension system to budget reform in a blue state. i just asked him to become vice chairman of the republican governor's association because he's such a terrific leader. i just think whoever is going to get in needs to do it immediately. we've got 90 days until the caucuses start in iowa. i think chris is probably feeling that pressure to make a decision immediately. i think that says a lot about the fact that there's optimism about winning in 2012. and there are people -- >> or does it say that there's an opening in the field because there's concerns about who's at the top of the field? >> i don't think so. i think there's nine people on that stage in the debates that are great people and they're going to get better over time. but chris is a unique successful governor with a positive outlook. and i think would fare very well against the president. but ultimately the call is his. i'd be surprised at this point if he got in.

>> you would be surprised. >> i would. >> just because of the calendar? >> and because he said for a year he's not. he's got a lot of people who are well respected in republican circles that think he'd be the right guy. i have great respect for him. >> would he be formidable, governor patrick? >> sure. i like chris. he's one of my favorites. i'm not going to -- you know, i wish him well. not that well. >> is that an endorsement? >> no, that's not what that was. but look, he's been governor for what is it a year and a half? two years? i think unemployment in new jersey is higher even than the national average. it's some unfinished work in new jersey in order to have points for the case he wants to make. i think the point is that the president is not leaving the outcome of this election up to pundits, pollsters, or some view of what the current or future field will be in the republican party. the point is that the president is not leaving the outcome of this election up to pundits, pollsters or some view of what the current or future field will be in the republican party.

it's about getting out and appealing to people where they live, where they are, where they feel, and making sure that they understand he's trying to do what he can to help them out. >> quickly for each of you. governor mcdonnell, immigration. your state, as you well know, has a big increase, almost 19% since 2008 of hispanic voters who are now voting age. this was a state that the president carried. if you look at the party stance, a harsh stance on immigration reform, do you see him recarrying -- carrying virginia again based in part on the reaction among hispanic voters around the country to republicans on immigration? >> no, i don't. i think the president's way under water. last poll 39% approval rating. i carried the state by 18. three new congressmen elected last year. i don't see it happening. i do think that hispanic voters, while they lean towards the democratic party, are largely self-identified as conservatives. i think we've got a great chance to reach them because our message is on job creation, economic development, restoration of the american dream, is exactly why people come here in the first place. because we are this shining city on the hill. and that's going to be our message over the next 14 months. >> governor patrick, as you well know, most important personnel decision in your state this morning is not about the presidency. it is about this man, terry francona, who is now out as manager of the boston red sox.

this is a man who reversed the curse, two world championships. how do you lose this guy, even after this colossal collapse? >> i think i have my hands full -- just trying to run the state government. >> you want to go back to the political questions because those are easier. >> those are hard enough. listen, i love this team. i love its management. i love the players and the fans are unbeatable. and that's why we have springs. >> wow. i mean we got more from him on the president than that. governor mcdonnell -- >> -- back on track. >> would you consider being vp a candidate on the republican side? >> that's nine months away. that's somebody else's decision. i'm having a great time -- >> would you be open to it? >> if somebody called and said you could help our country, help our ticket, i think any of us would think about it. right now i'm focused on making virginia more competitive with massachusetts and making it a good state. >> governors, thank you both. appreciate it. coming up, after months of defiant denials, reports that chris christie is now actively considering a candidacy. are republicans still looking for more options as rick perry fades some in the polls?

plus, the sagging job market and the weak economy, all weighing on president obama's re-election hopes as he tries to rekindle the magic of his 2008 campaign. our political roundtable weighs in on the state of the race. joining us, republican strategist mike murphy, "the wall street journal's" peggy noonan. california congressman xavier becerra, and "the washington post's" e.j. dionne. coming up after this break. coming up after this break. ♪ [ cellphone rings ] cut! [ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to pick up a few things. and i don't have to worry about a late fee. which is good... no! bigger! bigger! [ monica ] ...because i don't think we're going anywhere for a while. [ male announcer ] write your story with the new citi simplicity card. no late fees. no penalty rate. no worries. get started at citisimplicity.com.

♪ [ multiple sounds making melodic tune ] ♪ [ male announcer ] at northrop grumman, every innovation, every solution, comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop grumman.

the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go. ♪

coming up our political coming up our political roundtable is here, weighing in on the state of the 2012 presidential race. mike murphy, peggy noonan, congressman xavier becerra and e.j. dionne are all here. to the. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be.

♪ because your moment is now. let nothing stand in your way. learn more at keller.edu.

conversation has already started. our roundtable is with me now. "washington post" columnist e.j. dionne. "wall street journal" columnist peggy noonan. we're back, and the conversation's already started. our roundtable is with me now. "washington post" columnist e.j. dionne. "wall street journal" columnist peggy noonan. mike murphy. and democratic congressman from california and deficit cutting super committee member, xavier becerra, whose district include s chavez ravine which is where dodger stadium is. more on that later.

welcome to all of you. i want to start with republicans, the republican field and republican politics. chris christie, is he in or is he out? he is being covered by everyone, including your source for news and information, weekend update on "saturday night live." here it is. >> after claiming for months that he did not want to run for president, insiders are now saying that new jersey governor chris christie is reconsidering that decision. promising to do one thing, then doing the opposite? sounds pretty presidential to me. >> mike murphy, christie is on record saying, short of suicide, i don't know how to tell all of you that i'm not in the race. that was then. this is now. what's he going to do? >> you know, i have no idea. i do know we don't elect a lot of president hamlets. so it's time for a decision. the most decisive guy in politics, seemingly indecisive, cannot last. my gut is he's not going to do it. late entry. and he is a very strong candidate. and he'd get in with a big boom. but the second and third look in a very conservative republican primary might be a problem. i'll give him one piece of free advice. if i were him, i would give all the new york money guys who promise big but sometimes

deliver small a task. put $50 million into a supercommittee by thursday or leave me alone. because talk is cheap in politics. >> peggy noonan, the buildup could be great, the ronald reagan library speech, leadership with a capital "l." not a lot of specifics. the first look as mike suggests could be good. but what are some of his problem areas? >> oh, well, well, first of all, presidential politics is no game for the ambivalent. do you know what i mean? he's got to decide, do i really want this? my heart, my head, my soul. are they going to go forward? if he goes forward, he knows he's liked by so many people, christie, what is called the party establishment, certain money people. regular republicans on the ground. but he's going to find out if he has a relationship with the republican base. >> hmm. >> which is a little restive and a little primal this year. i don't think it would necessarily be smooth sailing. but it would be a great launch and a very interesting thing to see. >> but is it the primal nature of the republican base right now, e.j., that is leaving some room at the top?

that is leaving room for somebody to, you know, come in on the white horse here? >> well, absolutely. republicans are really enjoying destroying their presidential candidates. i mean, the half-life of the surge is about two weeks, and then comes the collapse. where i hate to use the boston red sox fan, but you know, dan baltz had a great piece in "the washington post" this morning under the headline, "voters make the real decisions, not talking heads", which i took as a memo to us all today. so let's just look at what we know now. not what we'll know later. we know that mitt romney is a better candidate than he was four years ago. running -- this is a very hard thing to do, and i think he's doing it better. and it's still getting him not very far. when perry collapsed, it didn't go to him. perry had his two weeks, and now everybody has doubts about him. and i agree with mike, that where is the pressure for christie to run coming from? it's coming from big money people in new york and a lot of

conservative pundits. i am not sure that translates into -- >> but it goes to something -- >> -- boots on the ground. >> but it goes to something else. which is how much hunger there is among conservatives to take on president obama. alex castellanos, the republican strategist frequently on this program, he wrote something on thursday that caught my eye. the republican party, he writes, is white hot. that's why when you see a sarah palin, a donald trump, or a herman cain, whoosh, it's like a roman candle. people want to roll a hand grenade under washington's door. at some point you stop flirting with the candidate you want and you marry the president you need. but they are white hot. it's taking on washington. it's taking on the president, that's fueling a lot of these candidates. >> i think a lot of these candidates have heard the siren call. michele bachmann, rick perry. it wouldn't surprise me if you have governor christie say, i can hear the song really loud and clear. the difficulty is, running for president is like committing suicide. there's not a lot of good choices there. and you have to be very prepared for the outcome. and whether it's suicide, or running for president, you had better be ready.

>> well, the narrative is something that interests me. mike, you can take this on. look, you've got chris christie as the potential, you know, the straight shooter, higher calling kind of leadership message, understanding more of the poetry of campaigning. perry's a populist, an anti-government guy. romney still seems like more of a technocrat. he's the private sector presidency. so you have all of these, peggy doesn't like the world word "narrative" based on her column. >> no, no. >> but these different stories that are coursing around. the republicans have to make a decision about which one really moves them. >> and it's a tough decision. i always use the analogy that it's kind of like a lost weekend the presidential primary process. friday night everybody gets drunk, runs around, there's a lot of fun. the passion candidates do well early. even howard dean representing the democratic wing of the democratic party. our kind of hot entertainment candidates have been bachmann up and down, cain getting a little action. then by sunday morning when the election is, a lot of hangovers. but people sober up a little bit

and make responsible decisions. so we're still in the beginning. you know, in the pundit world, i agree with dan baltz. the campaign, we've been covering it day to day for a year. out in voter america there's lots of room for this to go up and we'll see. the legal rules, though, that dictate the process, the florida primaries final date are all coming up quick. we're about ten days away from locking the field, and then we're going to have still a month or two of turbulence and people start making real decisions. i think it will be romney or perry. >> you made the point this weekend, peggy, that there is a desire that's not being captured. there is a desire to right what's wrong in america in america that based on people you were talking to, that is not really being addressed here. >> yeah, it is a hunger for leadership in the united states. so many people, wherever i go, in america, and talk to people, from all sort of areas of life, there is this sense of we could lose america if we don't make the right decisions over the next few years.

who's going to help us? who is someone we could follow? someone with credibility. that's one of the reasons that the republican race is so difficult this year. it's full of dynamism, it's full of movement, but people are actually looking for someone they think can maybe get us through the worst four or eight years we've ever faced in modern times. so they are taking it seriously. it seems crucial. >> i agree with peggy that the underlying and often unspoken issue here is worry about american decline and will it still be america? but i just don't see that chris christie speech as being this visionary thing. i mean the clip you showed where you said obama wants to diminish the success of others, as far as i can tell, rich people are richer today than they were when barack obama took office. that struck me as a partisan coke brothers-style attack on his part. and as for obama, i think his

problem for the whole year had been that in all of this deal-making, no one knew what he stood for. some people see what he's doing now as well, he's trying to rally the base. i actually think he's trying to make a bigger argument go what he stands before -- >> i want to get back to obama in just a minute. i want to come back to you on an issue that's going to be very tough for republicans. jonathan martin of politico talking about the troubles this morning that rick perry's having in new hampshire over his moderate immigration position. in new hampshire he's having this problem. it means that the party, the core of the republican party, has changed on this. i spoke to former new mexico governor bill richardson this week on our press pass conversation, which is available in its entirety on our blog press pass, and he sort of laid out where the problems are for republicans on this. watch. >> look what the republicans are saying. they're very hostile to immigration reform. look at governor perry. i mean he has a sensible position on immigration as a border governor. and on the d.r.e.a.m. act, on

education for kids of immigrants, and he's getting pill orred. centrist voters are going to be turned off by that. >> it's a big issue. yet there are hispanic voters upset with president obama for not getting reform through. >> david, there's a difference though. the republicans are still in search of a leader. democrats have a leader who has said what he would try to do. republicans seem to be pulling the rug out from under latinos who want to have that american dream, and what they, i think they're failing to understand is that if they don't stop the shouting and talk about how you're going to give people the american dream, they're in jeopardy, not just of losing latino voters and a lot of new citizens, in just in this election coming up, but for a long time to come. if you take a look at southwest, the future of the southwest, and the future presidents who win the southwest are going to know how to approach the latino vote. >> mike murphy, let's look at these stats from the census bureau as reported by "the wall street journal." these are states, with the exception of missouri, that were carried by obama in 2008. this is the percent increase in voting age hispanics between '08

and '10. florida, you see, it's higher. virginia almost 20% as we pointed out. north carolina, up over 30, almost 31%. new mexico, colorado, nevada, as the congressman is talking about. doesn't this hurt republicans tremendously? >> the arithmetic is pretty clear. we want to beat obama, especially in those western states where the anecdote is exploding in size. 43% increase in latino population in ten years. we've got to do better with that vote. so there's good news and bad news. the good news is there's a new pull-up. obama is in real trouble. they're becoming swing voters. that's the good news. the bad news is, if we have an ax fight over republican immigration primary we're going to do ourselves a lot of harm. in the shorts term it's a grainge wedge issue. in the longer term it's great wedge issue for president obama to beat up the republican nominee with. so it's one of these things where the short-term interests and the long-term interests are in conflict. i'm hoping the long-term interest prevails. >> you read too much into that. if you take a look at the

head-to-head, the president, by 30 to 40 points, does better than any republican. what the polls reflect is that latinos like any american are down, down because the economy is down. but when you put them head to head, there's no comparison. in fact, the president right now is doing better against any republican opponent than he did three or four years ago. >> i'll argue with that. the model the president wants to get to is win more than two thirds of the latino vote, maybe up to 70%. in this economy, latinos have worries about the president. most voters want to fire him. the deal is not done from either side. >> they're not worried about the president. they are worried about some of the republicans. >> on every defeated president, the political tombstone reads, screwed up the economy. >> let me get one other issue in here. we talk about locking the field down, peggy and e.j. so there's still the question about sfrp. we're going to ask the question about sarah palin until it's absolutely clear she's not in the race.

she was on fox news this week, and this is what she had to say about her decision. >> through my process of decision making with my family, and with my close friends, as to whether i should throw my name in the hat for the gop nomination or not, for 2012, is a title worth it? does a title shackle a person? are they, someone like me, who's maverick, you know, i do go rogue, and i call it like i see it, does that prohibit me from being out there, i'm out of the box, not allowing handlers to shape me and to force my message to what donors or what contributors or what political pundits want it to be? >> e.j., clearly the presidency is not big of a enough -- not big enough of a platform? >> planetary, or, you know, the universe. my process of decision-making, that's her next book. oopz that's going to be a fascinating book. i'd like to know what it is. she's playing us so brilliantly. i do not think she's going to run for president. you just gave her that nice clip. and good for her. but she's not going to run for president.

>> but i mean before we dismiss it as being insignificant, peggy, she does represent some of the energy in the tea party base, some of which, i mean, or all of which has to be sought off for any nominee who is going to get this nod on the republican side, does it not? >> no. i think at this point people have settled down with regard to how they feel about mrs. palin. i think she will not run, because while not a reflective person or a deeply thoughtful person, she is a cunning person. she knows she will not win. it will only damage her as a businessperson in america if she runs, so she will not do that. however, she will play the part of i'm watching those republicans. i'm going to keep out for reasons that have to do with my family or whatever. i'm going to watch those republicans. if they're not suv lent conservative according to her viewpoint, she will be very critical of them. maybe she would do a third-party thing.

>> or threaten to. it's good for her business. here's the great irony, though. she's gone from the big giant killer everybody was afraid of, to now i don't think she could get nominated. but i would bet dollars to doughnuts that right now, mitt romney, if he had one lucky penny, would love for her to get in to split up iowa so he could put away perry, while perry wouldn't have mind christie getting in to mull up romney and new hampshire. she's become a catalytic factor. people might want her to be in the race rather than fear. which shows how much she's diminished. >> we're going to take a break. come back and talk about the president on the campaign trail. is he going to get a jobs bill? is he rallying the base? how is it going? more right after this. [ male announcer ] your hard work has paid off. and you want to pass along as much as possible to future generations. at northern trust, we know what works and what doesn't. as one of the nation's largest wealth managers, we can help you manage the complexities of transferring wealth. seeking to minimize taxes while helping maximize what's passed along. because you just never know how big those future generations might be. ♪

expertise matters. find it at northern trust. i've tried it. but nothing's helped me beat my back pain. then i tried this. it's salonpas. this is the relief i've been looking for. salonpas has 2 powerful pain fighting ingredients that work for up to 12 hours. and my pharmacist told me it's the only otc pain patch approved for sale using the same rigorous clinical testing that's required for prescription pain medications. proven. powerful. safe. salonpas.

we're back again with our we're back again with our roundtable. mike murphy, let's button up something on the republican side. the perry panic story this week. it's worth remembering, polling from back in 2007, at this point in the calendar, look who was up on top, if you look at the polling back then, giuliani and fred thompson. not exactly how it turned out. you say much too early to start

counting. >> conventional wisdom on some really bad debates and they hurt his campaign and he's sinking a little. fwu but it's early, and a good debate coach, some time and proper modern pharmaceuticals, he could have a good debate comeback. the thing you've got to remember by perry is state by state, and i wrote about this in "time" this week, the calendar is good for perry unless romney gets aggressive early which means a risk you run into iowa. tough territory. otherwise romney's battled new hampshire. perry has south carolina after new hampshire. he could run the table. perry is still formidable. >> let's talk about president obama. here's a cartoon we look from jeff stoll lar of the columbus ohio dispatch. you see president obama in 2008, we'll push in on it a little bit for you at home. in '08 it said yes, we can. in 2012 it says, we could do a lot worse. e.j. dionne. is this yes we can, eventually here in 2012? what's the vision? what's the vision? has he found his voice yet? >> well, i think he's starting to find it finally. i mean, look, 9% unemployment, the economy was in a mess when

oomz he got in. it hasn't moved out as fast as the obama administration thought it might. so that's a problem. and he knows it. but i think, as i said earlier, that his problem from the day this year began, when the republican congress took over, until very recently, was that he was talking all the time about, well, we can reach some kind of accommodation with the republicans. he wasn't putting a lot of his own specific ideas on the table. and he wasn't making an argument. you've -- the best presidents know how to make arguments. ronald reagan did it. bill clinton did it. he has finally started to make an argument to the american people, this is what i think. this is what i'd like to do. you can agree with it or not, but i'm going to try and persuade you that i'm right and they're wrong because i think government does have a role to play in lifting people up. >> congressman, this is the question i have. it was 20 years ago, big anniversary down in little rock this weekend for president clinton in his first run, you know, they had the big get-together, and when he announced for the presidency

back in 1992, it was the idea, look, i've got an economic plan, but what i really have got is a vision. >> yeah. >> this president has had some big swings at economic recovery, and they haven't panned out. and now he's a warrior for the middle class. who's he fighting for? does he seem like enough of a fighter? >> david, i think, first the slogan "yes, we can" is still applicable. yes, we can. will the other side help us make it happen? what you're finding is that the president has encountered an obstacle all the way through to try to get it done, but i think he is still as determined to make it happen. it's more a matter of can he show the public that yes, he can. if he has the help to make it happen. >> for instance, is he going to get a jobs bill? i mean, democrats in the senate are saying the votes aren't there. >> i guarantee there are a majority in the senate and house today who would vote for a jobs bill if, if, the republicans wouldn't stymie it through the filibuster in the senate. >> but that's the best you got. you can't overcome that. >> that's the difficulty. that's politics.

when mitch mcconnell the senate leader on the republican side says our number one goal is to defeat this president, he's forgetting that there are more jobs at stake than just the president's job. >> could i just say that a lot depends on whether obama can hold the republicans accountable for blocking this. and you can't -- it's not some vague, this can't get done. there's a very specific obstacle. hash harry truman did a good job in 1948 at identifying the obstacle as republicans. and that's what obama has to do. we don't know if he can do it. >> a leader leads. a leader leads. part of the president's problem is that he has never, from day one, been able to really pull in bipartisan support. either make republicans afraid of him or they want to follow him. he's never been able to do it. part of the reason people are talking about chris christie is that he's in a democratic state, he's a republican governor, but he's made progress on deficits,

spending, pensions, property taxes, with a democratic legislature. it's never an excuse that washes, to say, oh, the other team, the other party are bad guys, they wouldn't follow me. if you're a leader, you make them -- >> -- put the president's jobs bill on the house of the floor and senate and put a republican alternative. but let's have a choice. the president said this is what i would do. republicans aren't giving the public a chance to see what they would do. >> let me pick up this thread. i've had this discussion with people going back to bill clinton. he had this way of confounding his republican critics, of dividing them, of picking them off, appropriating their ideas. this president has not demonstrated similar skill. has he? >> he ran a brilliant senator's campaign and has governed mostly as a democratic base guy. although internally sometimes he tries to edge them right, not enough. harry truman also had a sign, the buck stops here. and that's the test that obama's been failing. it may be just perception. democrats will argue that it is. but he hasn't -- there are republicans he could get if he'd move to the center on some

policy. instead it's been health care and the stimulus spending. it's been a problem for him. so when you get to the point now where one out of four americans has faith in his ability to run the economy, more than half don't, rest undecided, those are horrible numbers. >> mike? >> the jobs bill is full of things republicans have always pushed for in the past. it's got tax cuts on the payroll tax to try to incent people to have more money to spend to create more jobs. at the same time it goes towards infrastructure in ways that republicans and democrats on a bipartisan basis have supported building our schools and fixing our roads. we can't get republicans to even give us a chance to vote. >> let me -- >> on a way -- >> -- when bill clinton was president -- >> -- only get democrats to put the bill forward. >> let me pick up on this. your column out tomorrow talks about the equivalency party movement on the left. what did we see over the weekend in lower manhattan and in brooklyn, this occupy wall street movement, demonstrations, arrests, is this -- does the president in a way need more of this? more activism on the left to

say, we need a response to what we're seeing on the conservative side? because that's a big issue for him, whether people are going to have the same sort of enthusiasm. >> there's what's happening on wall street. there's a conference this week on the american dream, a kind of left of center conference. i think the president has been hurt by the lack of an organized lift. because if you look at what he proposed, the health care bill is mitt romney's plan in massachusetts. the stimulus plan was not as big as most economists thought it was. dodd/frank is not radical. it's pretty middle of the road. a left would be out there saying wait a minute, barack obama is a moderate or a moderate sort of liberal. we want to push farther than this. right now the whole discussion is huge, because the media has been obsessed by the tea party. with some reason. they had an effect on the last campaign. >> peggy, you do have to give the president credit for being very close on a very big deal on the debt ceiling that enjoyed the bipartisan support of at least the speaker. who unfortunately couldn't deliver. he was very close on that.

>> you know what? i may be the only person left who says the president should have just said yes to make a spending cut the size of the debt ceiling, let it go, don't fight on that deal, don't make a nervous country more nervous. let it go. i just thought strategically he played it terribly. what is it you want me to give him credit for exactly? for -- i'm not being sarcastic. >> the boehner deal that he came close -- >> came close. but i think the democratic caucus was about the revolt an hour later. >> i want to get a question in about national security. the news this week, the big news at the end of the week that anwar al awlaki has been killed. the u.s.-born cleric. congressman becerra, i don't know how this is an issue for the right on national security, other than congratulating this administration for some big gets in terror. is there an issue on the left for the president with the use of drones and such continuity

between the bush administration to this administration and the counterterror policy? >> al qaeda attacked us. he's part of al qaeda. in fact, he's one of the leaders of al qaeda. they're out there trying to kill americans. he targeted someone who's trying to kill americans. >> not from you. is this a neutral issue in the campaign? >> i give both presidents, and particularly the nonpartisan career people in intelligence and the military and all the way down, huge credit for this. but, of course, the president should share in that credit no doubt at all. >> when he can do things without having to worry from congress to give him an okay to do it. >> i think there is a legitimate question about targeting a u.s. citizen. if you've got to be honest and say, what would liberals say if george bush had done this? i agree with congressman becerra. al qaeda, if anybody is at war with us it's al qaeda. so i, in the end, come to the same conclusion that the president did. but this is a hard question, and we should acknowledge it. >> quickly, mike murphy, the political calendar, we don't know who's going to do what exactly except that florida's primary is going to be sooner. what does it actually mean? can you give us -- >> well, it means there's some

depressed people in new hampshire because they probably have one month less time to so call the candidates from campaign because they're probably moving up from february to january. looks like early january is going to be the iowa caucus followed by the new hampshire primary, followed by south carolina, followed by florida. with some question does nevada slip in right before florida or afterwards. that's in flux. then a few weeks off and then michigan and arizona. that's most likely. and then on super tuesday on march 6th you're going to have a lot of southern states. so it will be set in about ten days. the big change is florida forced everybody up a month. the rnc is not happy. they're penalizing delegates. it may look a lot like the 2008 schedule. it's going to start in january and go like mad through florida. maybe a little longer. i think whoever wins that florida primary is going to be in a good place. >> christmas. >> is there a christmas caucus that's possible in iowa? >> it's possible. bill gardner, the crafty old yankee up in new hampshire, secretary of state, has a lot of power over this process. it's all 1914.

one moves, and then the other does. if i had to bet, and there's a political science blog front loading hq, best place to follow all this. he's the super nerd. but it looks, i think january is most likely. maybe december. >> all right. we're going to take another quick break here. we'll be back with our trends and takeaways, a look at what was said here today, what to look for in the coming week. plus, what are the hot political stories trending this morning? that's coming up. hey, wha-- [ camera clicks ] oh, state farm bank's pocket agent. it lets you deposit checks right from your phone. you just shoot, send, done! boom. give it up! [ male announcer ] another reason more people stay with state farm. get to a better state.

final moments now with our final moments now with our roundtable. we want to look at a sound bite making news here this morning. my conversation with governor mcdonnell on the question of whether chris christie of new jersey is going to get in the race. this is what he said. >> chris christie. he's an extraordinary communicator. he's a great governor. enormous reforms. and everything from the pension system to budget reform in a blue state. i just asked him to be vice chairman of the republican governor's association because he's such a terrific leader. i just think whoever is going to get in needs to do it immediately. chris is a unique, successful governor with a positive outlook. and i think would fare very well against the president. but ultimately the call is his. i'd be surprised at this point if he got in. >> mike, if he doesn't get in, is he just as influential in some ways in the run-up to 2016? >> i think he doesn't run. and 100 days after he announces

he doesn't run the second chris christie for independent candidacy movement will begin. >> okay. from facebook the conversation going on as we're having our conversation here, and we've been monitoring it on facebook this morning. this was interesting from steve, this is for you congressman, he's saying there's going to be no jobs bill or compromise. we've got a divided government until some side comes back in november 2012 with a mandate. is washington effectively shut down over the jobs bill and over your word coming up on the super committee to cut the deficit further? if there's no agreement there, there's some automatic cuts that come to play. >> if gridlock exists in the congress, this super committee has a chance to break that gridlock. there's 12 of us there. we're trying to avoid all the political noise. if we can get this done we can get americans back to work. but you've got to restore confidence in america. and the best way to do that is to put americans back to work. do you feel we've basically shut down, overtaken by the debate? >> there's no doubt that we're already into election mode. but 12 of us, six dems, six republicans, are very trying

very hard to get somewhere for this country. >> here's our week ahead look at some of the major candidates on the republican side and where they'll be this coming week. south carolina, gingrich and cain. new hampshire, romney and gingrich. florida, cain and romney. iowa, bachmann, perry, santorum. to our trend tracker now and some of the big stories that are trending this morning. perry u.s. border drug war. this is interesting, peggy, because he's talking about the prospect of u.s. troops having to go deal with the drug war into mexico. is this a governor who's trying to mitigate some of his more moderate stances on the issue? >> probably. but what is going on in mexico is a problem all americans have their eyes on and are worried about. it's on everybody's radar screen. so i don't know exactly what he said, but, yes, i think he's probably trying to show a different kind of boots on the ground. >> the trend tracker also shows wall street protests that we talked about in brooklyn, and also president clinton's 20th anniversary, e.j.

we talked about this a few minutes ago. this is the confab to relive 20 years ago. this is the former president and hillary clinton, "don't stop thinking about tomorrow," is the music you can hear underneath there. and, in fact, this is a group that hasn't stopped thinking about yesterday, and thinking that in many ways they're getting it a all right better than this democratic crowd. there is that tension, isn't there? >> this isn't about me, david. this is about you. this is, i mean, look, he was a politician. he got something that a democratic politician has to combine and appeal to middle-of-the-road voters with some real progressive populism that has always been a solution that works for democrats. it worked really well for him. he was both things, and he -- >> who thinks hillary clinton in 2016? >> she certainly put herself in a position to do that. >> she could do it. >> she could. >> a bunch of hollywood liberals, movie people, they all want her to run now in primary obama. >> we wouldn't jump at a story like that. >> we're going to leave it there. thank you all. we'll be back next week, live

from chicago next week to kick off the chicago ideas festival. and we will have an exclusive interview with the mayor, rahm emanuel, of course, former white house chief of staff for president obama. that's all for us today. if it's sunday, it's "meet the press." at the center of any