may investor meetings, and are still today one of the largest investor groups in bain capital.i want to get your comment. >> i think of governor romney had ever bothered to meet one of the torture victims of the death squads or one of the family members of the people who were brutally killed during that time, maybe he would have thought twice about accepting the blood money. to me, it is really unacceptable when you look at the -- i believe it was around $9 million that he accepted that the investment money. but where this money came from and the people who give it to him is something that he really should have looked at much more closely, because it is related to the most terrible atrocities. as ambassador robert white says in our film, when you are a group of uniformed butchers, the people don't emigrate, they flee. and to me, it is unbelievable that now governor romney talks about immigrants with derogatory terms like "illegals," and that he profited from the funding that actually caused so much of the emigration to the united states from el salvador. >> in fact, mitt romney

bain capital has shut down the plant, and they were going to ship some 200 jobs to china. >> what would say to mitt romney? >> the three of us here have been arrested defending american jobs, we're waiting, come out here and talk to us. >> you want to talk to him? what would you say to him? >> save our jobs. >> over the summer, more and more workers started to come forward with horror stories about bain capital and the bain economy. workers there made national headlines. >> when you take all the good jobs we had here at gs steel in kansas city, the middle class will be extinction. >> it claimed jeep was moving to china because of the automobile loan, and it was totally false. it totally backfired on the camp. auto workers and their families turned out in full force on election day. and of course, president obama won ohio. middle class americans across this country stood in long lines to cast a vote for the candidate who would help them the most. they ignored the republican threats about a failing economy. the republicans wanted to kill organized labor. in 2012, they may have given it ne

you went after mitt romney today about his work at bain capital. you called him a greedy wall street so-and-so. was that the most reasonable position? calling him a vulture. should you be on that side of the coin considering you're a successful businessman yourself and texas governor. if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> well, there is a real difference between a venture capitalist and a vulture capitalist. venture capitalists are good. they inject their capital, they create jobs. bain capital, on the other hand, it ameres to me were vulture capitalists. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. so if nothing else, we're doing mitt a favor by exposing him early on so that he can either figure out how to defend that or, more importantly, and better from my perspective, he's not the nominee to begin with. >> rush limbaugh did call a law student a shut and a prostitut

you went after mitt romney today about his work at bain capital. called him agreed dee wall street so-and-so. should you be on that side of the coin given that you're a texas governor, a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> well, there is a real difference between a venture capitalist and a vulture capitalist. bain capital, on the other hand it appears to me were vulture capitalists all too often. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. so if nothing else, we're doing mitt a favor by exposing him early on so that he can either figure out how to defend that or, more importantly, and better from my perspective, he's not the nominee to begin with. >> rush limbaugh did call a law student a slut and prostitute to have insurance cover for her contraceptive. you would view that as pretty offensive? >> of course not. well, of course. as i said

jobs. >> over the summer, more and more workers started coming forward with horror stories about bain capitalhe bain economy. workers at gst steel made national headlines. >> when you take away all the good paying jobs such as we had here at gst steel in kansas city, the middle class is going to become extinct. >> the republicans answered with misleading ads and huge lies. like this ad romney ran in the state of ohio. it claimed jeep was moving to china because of the automobile loan, and it was totally false. and it totally backfired on the camp. it toe workers and their families turned out in full force on election day. and of course president obama won ohio. middle class americans across this country stood in long lines to cast a vote for the candidate who would help them the most. they ignored the republican threats about a failing economy. the republicans wanted to kill organized labor. in 2012, they may have given it new life instead. here is someone who has been with us all yearlong covering workers' issues. joining me tonight, john nichols, washington correspondent of "the nation" mag

bain capital has shut down the sensata plant and they were going to ship some 200 jobs to china. >> whatld you say to mitt romney? >> the three of us have been arrested defending american jobs. we're waiting. come on out here and talk us to. >> you want to talk to him. what would you say to him? >> save our jobs. >> over the summer, more and more workers started coming forward with horror stories about bain capital and the bain economy. workers at gst steel made national headlines. >> when you take away all the good paying jobs such as we had here at gst steel in kansas city, the middle class is going to become extinct. >> the republicans answered with misleading ads and huge lies. like this ad romney ran in the state of ohio. it claimed jeep was moving to china because of the automobile loan, and it was totally false. it had totally backfired on the camp. auto workers and their families turned out in full force on election day. and of course president obama won ohio. middle class americans across this country stood in long lines to cast a vote for the candidate who would help them the m

admire his evil, despicable-- >> refuse to criticize, i refuse to criticize mitt romney's, the bain capital's private equity investment as being business investments, i'm not going to criticize al gore's busines investment here either nor do i think we should be criticizing a capitalist for trying to make money or tax-advantaged money here. he's not-- >> adam, do you remember how he railed against george bush at the time promising big tax cuts and how he thought that they would be unfair and how he thought that they would be tilted in favor of the rich and how he felt that they would do squat for the economy and then many years later he's trying to rush in a deal before those very tax cuts that he ripped apart would expire. >> a couple of things. >> neil: does that not strike you as evil and despicable? >> he's not the only investor in this thing, we can assume charitybly he's trying to help his other investors. >> neil: my only regret is that keith olbermann wasn't still working there when he did this. >> i wouldn't be surprised if this deal never goes through. time warner cable dropped curr

conglomerate their dad built up and the koch industries mitt romney continues to collect his checks from bain capital it's good to be a shareholder corporate owner in capitalist america you know that's all well and good within limits but aren't we all shareholders in our commons just like alaskans and being such shouldn't we collect dividends every time our commons turns a profit for others just like alaskans in alaska the money oil corporations pay to lease and extract oil on public lands is distributed to all alaskans equally so nationwide all the money oil corporations pay to lease and extract oil on public lands birkin's equally to what i do down here what they do up there and once in two thousand and seven the us government collected nine billion dollars in royalty payments from big oil just on the drilling down in the gulf of mexico in reality we taxpayers should collect a lot more but the us ranks ninety third in the world and how much revenue collection oil and gas extraction compared to the profits these industries enjoy but still nine billion dollars in royalties from just the gulf of mexic

up giant monopolies and open up the market for small businesses we shouldn't rely just on the bain capital's and the koch brothers to start or buy up new businesses the riches of the billionaire class or redistributed a word progressive should embrace by the way redistribution that more and more americans could have access to start up capital and actually earn a living as entrepreneurs trust me the billionaires can spare the wealth total of the average american family is fifty seven thousand dollars. that's wealth not income what they own convert that into hundred dollar bills and it's a stack about two inches tall but the average wealth through the average wealth of billionaires on the forbes four hundred list is four point two billion dollars convert that into a stack of hundred dollar bills and it would reach over two miles into the sky it would be a navigation risk to aircraft so i have to start funneling the riches produced by the american economy to the real job creators working class people who are spending money and the best way to do that is to outlaw billionaires with one hundred p

outsource right now they get a tax break when companies you know move literally move a factory bain capital did this is a couple weeks ago tore a factory down in the midwest moved it to china rebuild it there literally the same factory that when they do that right now they get a tax break took away that tax break and said but we will give a tax break to companies if they take their factories overseas and bring them back to the united states who would love that you can filibuster by the republicans in the senate what's going on vince hop out how did this happen how did it happen while it is a part of the government. and it is something that both democrats and republicans have been moaned a lot and you've seen it but you've also seen it on the other side now your d.c. democrats calling for filibuster reform but republicans did when they were and is in the minority if you mean yeah in the minority. in the majority in the senate they did call for this filibuster reform and you had even then you have and you had iowa senator you had sent then senator obama even standing there on that on the sena

we should note that this is a bain capital company.his initial public offering certainly is going extremely well here today. we have the ceo earlier today. he had a nice interview with stuart varney. certainly a good day for bright horizons. melissa: wow. lori: that is good. was that the hit where you have that cute backpack this morning? nicole: oh, you like that pusher melissa: we will ask american electric power ceo why he is worried about getting burned. he joins us exclusively next. lori: you better crank up that heat. a smelly bath headed east. the forecast is ahead. melissa: take a book and how the dollar is heading. we will be right back. ♪ >> 20 minutes past the hour, i have your fox news and it. in cairo, police clash with protesters. pro-democracy protest led to the resignation of the then president in 2011. a federal appeals court has ruled that president obama violated the constitution when he bypassed the senate. the u.s. court of appeals for the d.c. circuit ruling that the president did not have the power since the sena

but is a bain capital-type operation a blackrock-type operation healthy for our economy? >> guest: absolutely. it's essential for our economy. you need private equity, you need an innovator to be able to go to somebody with capital and be able to, you know, apply that capital to their big ideas and help them grow and help to create jobs. does that mean that bain or blackrock need all the tax breaks that they get? that they need to be able to treat carried interest in the way that they treat carried interest, that we need to trade capital gains in the way we trade capital gains that give them all an advantage? of course it doesn't. so they can still get plenty rich and have plenty of incentives without having so much of the playing field tilt inside their direction that the rest of society that needs these resources to build a school or a highway or a bridge or a health care system don't get that. >> host: we are talking with david rothkopf about "power, inc.: the epic rivalry between big business and government and the reckoning that lies ahead." jeff in santa fe, californ

you went after mitt romney today about his work at bain capital. you called him a greedy wall street so and so. was that the most sensible position calling him a vulture? should you be on that side of the coin given that you are a successful texas governor and a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> there is a real difference between a venture-capitalist and a vulture capitalist, then to capitalists are good, they go and and inject their capital. they create jobs. appears to me were vulture capitalists are all too often. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. if nothing else we are doing him a favor by exposing him early on so that he can neither figure out how to defend that or more portly, and better for my perspective, he is not the nominee to begin with. >> rush limbaugh did call a law student a prostitute for wanting to have insura

bain capital, even if i don't know what it is., i have no evidence but c'mon, just look at them. benghazi, more deaths. but you made fun of hillary. the gist, state opinion is fact. react to dissent in emotional terms. call it mean or inhumane and you are guaranteed a job. you'll be protected by the armed security. that means more gun equals dumber writing. >> bob: that one i understood. i didn't agree with a single thing you said. >> bob: i know you didn't. >> bob: you are going to the plate where the highest murder rates in the world are. ela va dore and venezuela and colombia. say there are a lot of armed people down there. yes, there are. a lot of people kill a lot of people. take a latin american country to say is indicktive of what should happen when most countries that don't allow guns don't have murder rates like that. >> greg: they have violent, high violence. if you look at home invasions in england, dramatically higher than u.s. >> andrea: northern ireland, as we're speaking they have riots breaking out now. >> bob: the

you went after mitt romney today about his work at bain capital. called him a greedy wall street so and so. was that the most sensible position calling him a vulture? should you be on that side of the client given that you are a successful texas governor and a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> there is a real difference between a venture-capital list and a culture capitalist, then to capitalists are good, they go and and inject their capital. they create jobs. thing capital appears to me were vulture capitalists are all too often. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. if nothing else we are doing him a favor by exposing him early on so that he can neither figure out how to defend that or more portly, and better for my perspective, he is not the nominee to begin with. >> rush limbaugh did call a loss to the prostitute for wanting to

here with more on this, former managing director for bain capital, author of the book "unintended consequencesor the president today talking about his tone talking about the debt ceiling. here is the president. >> the debt ceiling is not a deal of authorizing more spending. raising the debt ceiling does not authorize more spending, simply allows the country to pay for spending that congress has already committed to. gerri: what do you say to that? speaker he is gearing up for a partisan brawl. his press conference today was a little hypocritical because when he was a senator in 2006 and george bush wanted to raise the debt ceiling he said no and called george bush a failed president. gerri: one of the reporters got up and said only a few years ago you were saying that this kind of fight makes no sense, would have to have fiscal discipline. what do you say to this? speak of the president has been the beneficiary of large increases in mandatory spending because two-thirds of the spending is mandatory so he doesn't have to pass bills increase spending. the public is not aware of it, spending now

you went after mitt romney today about his work at bain capital. called him a greedy wall street so and so. was that the most sensible position calling him a vulture? should you be on that side of the client given that you are a successful texas governor and a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> there is a real difference between a venture-capital list and a culture capitalist, then to capitalists are good, they go and and inject their capital. they create jobs. thing capital appears to me were vulture capitalists are all too often. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. if nothing else we are doing him a favor by exposing him early on so that he can neither figure out how to defend that or more portly, and better for my perspective, he is not the nominee to begin with. >> rush limbaugh did call a loss to the prostitute for wanting to

horizon trading on the nasdaq since 2008 until being taken private by bain capital. will cost you a penny or two send that card to grandma. first-class stamps are going up to $0.46. that is the latest from the fox business network. giving you the power to prosper. ♪ [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours

remember how much bain capital was in the news leading up to the election?ent public today, we talked to the ceo of that company next. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. stuart: next guest is cheaper executive officer of the company that went public this morning, bright horizons family solutions, child care educational company. he joins us from the new york stock exchange. you are a dane company, are you not? tell us what did danes do for you? >> we couldn't be more thrilled to be here. we have been thrilled to work with been over the last five years. they may not know what they were the company to put the initial seed money more than 26 years ago, to be able to actually have a chance once again to work with their expertise and the kind of people they have that essentially support our mission a

dagen: former managing director at bain capital is here now. we are unhappy with the bones, but we elected them. we get what we elect, do we not? where does the cycle end? >> the situation is such that you have these mandatory increases in spending. there has been a silent 30% increase in spending. you do not have bills being passed that are raising spending to get the attention of the public. to get the attention of the republicans, they would have to pass a bill. they did not have the votes to do it. they have no negotiating leverage to try to bring this to a head. the crisis is really being created by 30% increase in spending which is raise the $1.1 trillion deficit. you need an increase in taxes if you do not cut spending and the president has been unwilling to cut spending at least so far. connell: a market that has very low interest rates. what happens next? do we want this big grand bargain that may at a time when the economy is not in the best shape slow us down a little bit more relaxed i think we do not -- people do not really see ris

ken we should point out worked at bain capital early in his career. be very ironic choice to pick ken shathough -- chenault. jack lew is very liberal. this is not a partisan political statement. this is what policy will be like coming out of the white house. that policy, it will affect taxes. it will affect wall street this will be very, if you think level of center first term, this will be a agenda that very left-of-center. i believe he will push for more taxes. closing loopholes and things of that nature. that was, essential topic of my "new york post" column. this is guy the pain is going to come. we're getting higher taxes and more deficits. melissa: mack to the vineyard for you, charlie gasparino. thank you so much. i'm sure he has a very refined palate, out there sipping the wine and nuances. lori: i hope he brought his wife because --. melissa: that can be interpreted a lot of different ways. let's move oners it is a new year and new laws. 10 states kicked off the new year with a boost to the minimum wage of 10 and 35 cents. the increase will p

bright family was on the nasdaq until 2008 when it was taken by bain capital. >>> swatch group is buyingry winston watch group for one billion dollars, assuming debt. the companies are considering creating a diamond polishing joint venture. that is the latest from the fox business network, giving you the power to prosper. lori: who should be the next federal reserve chairman? one in five economists surveyed by "wall street journal" would like to president obama reappoint current chairman ben bernanke. only problem he is not interested in stick being around. lou dobbs is here. are you interested? >> look at this, a year before the job actually opens. bernanke is doing just fine, despite everything, why, this is the thing --. lori: jack lew in treasury and that relationship and some concern about where we go with the fiscal policies so zeroed in right now? >> let me say, comparing jack lew and ben bernanke is a little tough because bernanke has demonstrated through --. lori: they have to work together. >> i understand, but i mean, i'm talking about in terms of their contribution to the rec

the bain capital thing cost them.t was defined as a negative instead of a positive as a business experience element for his resume'. the 47% comment is one of the top aides to governor romney said to me at one point as we stood beneath the wing of his plane. he said peter you've been doing this journalism thing for 15 years on camera. when were you first warned that the camera is always on? and i think they some of the people internally were frustrated by that moment because they knew -- i think they thought that one was actually going to sting and it did. >> it sure did. >> as a person who got to know governor romney as an individual as well, there were times where you're just disappointed in the way the campaign went. you're like when you're off camera, off the record session which were limited but in the few times you get to see him off camera? you start to say, i like this guy. this guy has got a real shot. >> everybody says that about him. >> and then the camera came on. some people tell a good story about when h

bain capital was only 0% successful. you actually do have work there to build on. forward. i also think that because you have climate now, back on the agenda, the horrific outcome with hurricane sandy has put that back on the agenda. that's number three on his agenda behind i guess immigration and gun stuff. there is an opportunity i think to go back to the table to get business and labor and environmentalists together to figure out a way to put more people to work building clean energy in america, building wind turbines, putting up solar panels, going into biofuels. we can have more work, more jobs, more wealth and better health with a green economy than without one. >> tough thing do with the focus on cutting spending though. >> is there any room there for republicans, erick? >> probably not largely because most of the green jobs program are dependent on the government for existence. the government can't keep pouring money into a lot of these programs. the coal industrial doesn't necessarily depend on lobbyists coming to congress to get carveouts in government. >

you know these people, bain capital, mitt. are loaded with accounts they do not pay taxes on. country has lost jobs. apple computer does not pay taxes. they are laughing. people that lost their jobs are held hostage. and ceo knows darn well, i'm going to make my profits and so the bottom line to my shareholders is a home run. i stood in line for mr. obama to vote for him. i'm kind of disappointed. he should show those eight senators that voted against this to ask them why. they bring a bunch of millionaire senators saying why we have to sacrifice and laughter the poor and in comments. they never talk about the cayman islands bank accounts where they are able to laugh like crazy. host: here are the senators that voted no this morning. you have three democratic , along with republican senators -- george zornick. guest: i was surprised more democrats did not vote against it. i think pete raised a couple of good points. this deal will not talked some of the offshore and he spoke of. the next that will be corporate tax reform to close the loopholes and the of shoring. the obama app

you know these people, bain capital, mitt. are loaded with accounts they do not pay taxes on. the country has lost jobs. apple computer does not pay taxes. they are laughing. people that lost their jobs are held hostage. a ceo knows darn well, i'm going to make my profits and so the bottom line to my shareholders is a home run. i stood in line for mr. obama to vote for him. i'm kind of disappointed. he should show those eight senators that voted against this to ask them why. they bring a bunch of millionaire senators saying why we have to sacrifice and laughter the poor and in comments. they never talk about the cayman islands bank accounts where they are able to laugh like crazy. host: here are the senators that voted no this morning. you have three democratic senators, along with republican senators -- george zornick. guest: i was surprised more democrats did not vote against it. i think pete raised a couple of good points. this deal will not talked some of the offshore and he spoke of. the next that will be corporate tax reform to close the loopholes and the of shoring. the