and carol roth joins us now, you're an investment banker. i don't think that the government's track record to try to act as an investment bank, investing energy winners, the track record is lousy. >> no, everybody's down on the private equity community, but the bain track record and mitt romney's track record has been really good and the middle class has made a lot of money and their pension funds off of that. but the american taxpayers have not done very well with the private equity firm of our government. they keep putting money into solyndras and now smith electric, and guess what? their track record is terrible. i'm hearing that smith electric, now at that they're pulling this ipo, may end up going out of business, because they don't have enough capital to operate. so, we need for our government to stop acting as a private equity firm and let the private equity people do that and take those policies and people who know how to invest the money and let those people be our leaders, stuart. stuart: the president is not listening to you or an

carol roth, would you buy, bill gross said yesterday that he feels that whatever the ecb is going tois inflationary. would you buy gold? >> i don't know they would touch gold. i think it will feed the market tomorrow, so i'm expecting unless something very, very strange happens -- gold thousand -- >> would you take it? >> it's a little rich for me at these levels. >> what kind of language are you looking for out of the ecb. >> you want concrete. >> yes, we want something concrete from them. the chances of that happening is minimal. >> what concrete, the amount of bounds they would be buying? an unlimited program? >> how much they're going to buy, how long this is going to take. the time span, how much pain they will be willing to take, and once you know that, that talks a lot of uncertainly out of the market. a lot of what happened is no risk in this market. this is more of a traders environment than a investor's environment. >> it's going to be a lot of wording, and i don't think there will be a lot of substance. >> there's a lot more coming. >>

here to help us break down the markets and what to expect from these important meetings, carol roth and bruce mccain. >> hi, maria. >> good to see you all. thank you for joining us. david, let me kick it off with you. lots of moving parts this week. we have the key legal ruling in europe and the federal reserve. what are you expecting? what's most important sp ? what kind of results might we see on thursday? >> it's the fed. the fed is the straw that's stirring the market's drink. the fed is going to look and said, quite simply, job growth week. the fed is going to have to be more stimulative by providing more reserves to the banking system. it all rests on the fed. >> you're expecting an extension of operation, more positive language. how does this materialize? we all know where rates are. they can't do much more on that, right? >> no, they can't. what they can do is simple market operations, which is buy securities, put reserves into the banking system, hope and anticipate that the banks will become more willing lenders, and that will get the economy better and velocity higher. that's

of 30 year fixed rate mortgage, and thursday morning none other than business strategists carol roth nicole petallides still on the floor of the stock exchange. democrats continued their attack on mitt romney for oppressing the middle-class. take a look at who invests with bain capital. according to the new york posted as public worker pension plans. illinois municipal retirement fund, los angeles fire and police system leaders will state teachers retirement system, pennsylvania state retirement system and the university of california. university of michigan. democrats attack bane for being evil capitalists, bane helps the middle class. charles: absolutely. they put their money with them. $1.25 billion. metropolitan museum of art ware limousine liberals hang out. it is ridiculous. what i really want even more is let's talk to people who work at staples and the sports authority who probably will vote democrat without realizing their jobs -- stuart: democrats and president obama have painted a picture of private equity as being thoroughly evil. it addresses the people. it milks the peo

carole, thank you. >> thank you for writing that beautiful song. >> we will do "morning joe" on broadway with jordan rothniversary! >> thank you. congratulations, again. >> fantastic. we'll be right back with much more "morning joe." with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ari'm fine.y, babe? ♪ ♪ ♪ with a subaru you can always find a way. announcer: love. it's what makes a subaru, a subaru. even better than we did before ♪ yeah prep yourself america we're back for more ♪ ♪ our look is slacker chic and our sound is hardcore ♪ ♪ and we're here to drop a rhyme about free-credit-score ♪ ♪ i'm singing free-credit-score- dot-com...dot-com ♪ narrator: offer applies with enrollment in freecreditscore.com >>> fo

roth is our senior u.n. correspondent. he's here to tell us all about it. hi, richard. >> hello, carol. while this is not unexpected thereby protests of the visit of the iranian president. of course, his visit, there's always controversy, side stories. the united states has not issued the full complement of visas to the delegation accompanying the iranian leader. about 20 or so according to the iranians out of about 160 people. the u.s. has an agreement with the united nations as the host country for the world organization to allow people to come here no matter the level of dispute. however, the u.s. also does reserve the right at times, especially in tough diplomatic relations, strained relations, and no relations with iran, to not issue visas if it so sees fit. but ahmadinejad has his visa. along with that baggage you mentioned. >> we were showing pictures of the warwick hotel, a posh hotel in new york city. that's where ahmadinejad and his entourage are going to stay. there will be protests outside the hotel later today, right? >> i think so. the warwick has been his latest place of