joining us at the table now is former massachusetts governor bill weld.ama in 2008 but this time around he throws his support behind mitt romney. thanks for stopping by. the story from the last few days from the romney campaign's angle has been record crowds for romney at the rallies and lots of enthusiasm. republicans still think they can win this. if you look at the polls, they have moved in obama's direction in the last few days. i guess i wonder, you as somebody who has known mitt romney for his entire political career from the very beginning, he's spent five years at least running for president presiden. what does a guy like this do if he falls short? >> he's had a lot of accomplishment in his life. i do think he's a foreign executive and he's had achievement there both as governor and at the olympics and bain capital presiding over high intellect individuals and keeping them happy for years. i think this guy could hurt squirrels. he'll figure out something to do. he's not a person whose ego depends on success here. i really think he's doing it for t

. >> massachusetts governor bill weld sat down with george romney and his son shortly after mitt's losso head kennedy. >> but the thing i remember most is what mitt romney was doing. >> he was turning sideways in his chair looking at his father with an expression that i can only describe as hero worship. >> my purpose in making this trip is not to impose my views on anyone else. >> george romney was what they used to call a moderate republican. i don't believe the animal exists anymore. by that, politically, it meant that they had somewhat conservative fiscal policies, but they were socially liberal. >> but george romney's political career imploded in 1967 during his run for the white house as a moderate republican. that's when he told a tv interviewer that his early support of the vietnam war was because he was "brainwashed by u.s. military and diplomats during a trip to vietnam." >> well, you know, when i came back from vietnam, i just had the greatest brainwashing that anybody can get. >> by the generals? >> when you go over to vietnam, not only the generals but by the diplomatic cor

. >> warner: former governor bill weld, thank you so much. >> thank you, margaret. >> warner: back to you. >> woodruff: thanks, margaret. interesting conversation. finally, we want to bring you the nonelection news of this day. voting posts special challenges for the storm-ravaged sections of the northeast. thousands of people crowded makeshift pollin places.ll >> suarez: on hard-hit staten island, generators could be heard generators intense this morning. >> i was going to vote. >> new york governor andrew cuomo issued an executive order on monday allowing diilaced voters to used any polling station if they presented an affidavit. that touched off confusion at numerous pollg places but cuomo urged people not to be discouraged. >> some of the polling places had issues with electricity, generators, et cetera, but it is important that we vote. it's important that the systemg works. this is an important election. this is a critical election, i believe. >> in new jersey, mobile stations like this one tried to reach those hocould not vote at their usual polling sites. >> we've been working

>> warner: yes, i am, gwen, and i'm here with william weld, bill weld, who was governor of massachusetts here from 1991 to '97. governor weld, thank you for joining us. how do you think it looks tonight? >> it's a pleasure to be back in boston. i think it looks very good for m.i.t. i think right along it has looked that way. i think the feeling in the campaign is we'll take florida, north carolina, and virginia, thank you very much, and go on from there. >> warner: what is it you're counting on? >> myself, i think it comes down to people in the booth. and what they're going to reflect on when they go in there. without casting aspersions in any direction i think it's easy for people to conclude in the booth they don't want four more years of what they've had. >> warner: what impact do the think hurricane sandy has had on mitt romney? >> it's difficult to say. certainly, i've been living in new york. it was a big-- a big, powerful factor there. >> warner: now, there is also a very exciting and important senate race here. you have the republican incumbent, senator scott brown, who assumed t

if my marginal tax rate stays the same but i can't hire tax bill because they kept my deductions aren't i still going to not bought a weldingat may be. you made me pick one out of three. dennis: the thing we are worried about, there are things you say they can do. they should wait on spending but tell us about changing their tax filing status. >> one of those things we are going to see is a big difference between the personal marginal tax rates and the corporate tax rates which allegedly are going to be lower to make as competitive internationally so over the past 37 years we have been collecting data we have seen people switch back and forth. it costs money to change your status but the difference between tax rates gets big enough people will do it so we will see people switching from sole proprietorships into corporate status so they can take advantage of lower tax rate. dennis: something like two thirds of balls business profits are taxed under personal rates will go up among the biggest small-businesses. i heard from a wealth manager today who said his business, state lawyer businesses are jamming on business owners try