scenes that because of the cuts, it would be a reality, people like john mccain, lindsey graham, and john kerr from the labor committee. these people getting together and talking about taxes. they're talking about tax increases to avoid the defense cuts. but they're doing it very, very quietly. there is a lot of viability built into it. but i think you're seeing senate negotiations look forward to the fact that it won't take place until after the election. >> yeah, we really need leadership to bring us ridiculo? do you think it is a sign the election is in trouble? >> i don't think they were in a free fall, but they have big advantages, the big blue and white plane. and when they travel around the country they get a lot of attention, in local and mededia markets. at the same timehey wewere out raged, 16060 to 71illionon in t last filings, t that is a b deal. and that does indicate that mitt romney does knknow how to raise money. that was his businessss in prive equity. he is really, really od, when he is dialing for dollars on their behalf, they're getting a response from the business and fina

we saw that strategy destroyed dproid in the swift boating of john kerr the respected war hero as a coward. well, that strategy worked. so romney decides he is going to try it too. now, whatever the obama team says about him, he is turning around and saying the same thing back but without suck stanchion. how do i knew there is no substance? because one of the republican party's key examples of their sighting is lg kemp a south korea based company. it received federal grant money. i know this story better than anyone. you think his bill yon billion dollar campaign could be more careful. what their lies don't say is in exchange lg chem agreed to locate its batary plant in the u.s. and higher american workers to make batteries for the auto industry. lg chem put it's new factory in the state hardest hit by the recession, michigan, hiring 400 michigan workers to make the batteries and more u.s. workers to construct the plant. as governor, i went to south korea to lure lg chem to open the plant in holland michigan. i was there when two years ago with president obama for the plant's groundbreakin

we saw that with john kerr and we're seeing it again with mitt romney.oney, in my view, he's been running for a number of years. i'm not just going back four years. it seems to me this was also predictable, that it would become a campaign issue. why a decade ago didn't he decide that all of his investments would be onshore? >> i have no idea. why didn't you think that at some point this would become an issue and i think it's possible that it's just the mind set. look at what he has done in his career. he's had a highly successful career in international finance. in the kind of finance where moving money through the caymans or through bermuda, switzerland, take advantage of this or that is perfectly normal. it's what makes you smart. on some level, he's very proud of this, it just didn't play very well. >> i should point out his campaign raised $100 million this month, wich means it's a high water mark for the gop. so we know that within the base, being successful is not a drawback. in the past, it's been an asset with everybody. is it different this time

they're saying look, you're looking exactly like john kerr out there, doing the rich guy water sports just when they're painting you as the out of touch rich guy. >> a, they're right about that. and b, they -- >> jet skis are so uncool, first of all. they're out of touch. >> i like jet skis. i have to disagree with you there. jet skis are fun. >> we're going to have a nautical design disagreement here. >> here's the thing about this editorial. you know, the cheapest, like -- the cheapest words in the language are backseat campaign advice. the easiest thing in the universe to do is to write 800 words about what a campaign should be doing. you see it on the left, you see it on the right. the obama campaign is a disaster and everyone freaks out. campaigns are hard to run and also they take place over a long peod of time. there's a certain degree where people watching campaigns unfold have a much itchier trigger finger than the people actually running those campaigns. >> krystal if the held's angels had boats, they would be jet skis. >> thank you. i appreciate that. is that a point in my