romney should come out with a plan that has granularity to it. he is obviously a very smart guy and has done well for smart business. as this paul ryan. they refuse to put anything out, so it can be picked apart. the president is doing the same thing. problem is yes then at the last three years. romney should highlight that by putting out his plan with granularity and clarity as to exactly what is going to do. that is going to offend some people need but we need to put it out there and stand by it. >> america doesn't care if they disagree with with you. they care if you don't take a stand. that is the problem that mitt romney is having with the average person out there. neil: all of the young people ended up voting for ronald reagan in 1980. most didn't agree with them but they admire the fact that he took a stand. he didn't waver. it's interesting. >> that's right. it was the only demo the president obama won the last time. and we see that that is a huge disenfranchised vote right now. that is why they refuse to alienate anybody. and does not ta

when i met you four or five weeks ago, you said -- you did the diagram where you went very granular and you said, look, guys, this is a small group. this is it. this is what it is. now are you -- how are you going to win if 54% of the voters think china's economy is bigger than our own? or if it costs 4 cents to make a penny and we keak keep making pennies? canada got it right a month ago. why isn't someone saying, stop making pennies. round it to the nearest nickel. that's an easy thing to do, you know, compared to iran. i wanted -- i want to see you take the gloves off and talk to the people that actually read the people. -- read the paper. and care about knowing the facts. as opposed to people who worked swayed -- who are swayed. >> well, i wrote a book that lays out my view for what has to happen in the country, and people who are fascinated by policy will read the book. we have a web site that lays out white papers on a whole series of issues that i care about. i have to tell you, i don't think this will have a significant impact on my electability. i wish it did, but i think our a

. >> if you look at the most granular level, what the congress asked for was for the administration torill down there are some account numbers that will be affected and we will have 9.2% cuts in defense and 3.2% in non-defense. i think the congress would be not offering a solution to what they admit is it points fingers. i think that that reflects the larger problem that we are assuming straight towards the fiscal court and there is a lack of leadership that will get us there safely. >> is ben bernanke announced quantitative easing. the strongest action taken, he stood rather alone and it is remarkable. that there are no partners for the federal reserve of the chair in washington dc right now. he is being criticized from every side. meanwhile, republicans and democrats know that it is critically important that everyone understand. democrats and republicans signed up for one of the most perverse bargains, i would say, in u.s. history. >> yes. i'm not a big fan of qe-3 is a policy matter. but i think your comments are dead on. he was quite honest about its limited ability to solve our pr

they admit that it's a media spectacle that the vote happened but they are not getting granular on exactly like they would have been if it was a republican convention. >> i'm not sure they would have been granular. i'm going to throw jim in bone. when i watched abc coverage of the first laid doe's speech on monday night, i don't watch a lot of mainstream television. i was pretty horrifying at the tpaupbg and the lack of news reporting that went on on monday with the first lady's speech. i don't know, maybe i've been doing this media kreut sis many for too long, i thought they could have been a little more reporting and a little less tpaupbg and i'm a liberal. jon: wow, we will have to put that one on the calendar. we'll remember this day. ellen ratner from talk radio news. jim pinkerton, thank you both. jenna: remember this pledge from the president? >> change means a tax code that doesn't reward the lobbyists who wrote it. jenna: ahead of mr. obama's acceptance speech in charlotte we will look back at some of the promises he made four years ago and which ones came true. also democrats cal

guys, this is way too granular. listen to me. inexpensive stock that sells for less than the market multiple that i think is going to have a really good year in 2013. therefore, invest in it as i've done with my charitable trust. don't trade in it. don't trade the data points. don't drive yourselves nuts. the trick is to invest, people, not to trade. i see too much trading. like i always say, there is

after spending one year you have the most granular familiarity with some of these statistical models but the empirical research of cause and effect i have less and less safe of predictions those who will have very big things but there is a lot in campaigning that that i write about people in politics learned what works and what doesn't people are far more aware of limitations and knowledge and the day are significant. what happens inside elections that is the unknown and anybody that speaks of a two much confidence probably cannot be trusted. >> we hear about other tactics but what does that to world look like? can you paid to a picture? >> there really basic question when you buy the ad on broadcaster cable is uh first campaign to do large-scale but they randomly assigned the tv ads in three weeks across the state. those who were called the eight heads one is a professor at the university of maryland. do we really know? trying to listen to the ball game is almost certain they the bounds of the media market for what we're used to deal with. if it this measure rainwear the signal goes

there any particular pieces for example, isr, fighter force, you know if you were going to get more granular, what are some of the specific areas you would sail well you know here and here and here? nuclear enterprise, what have you? >> on the training side i'm most worried about the flying training program. with simulator time. because of the other cuts involved in sequestration we won't be able to upgrade the simulators with live kind of capability that will let us do the training to offset the loss of flying hours. we lose on both counts. the operational world, the isr fleet is what's most in demand for us right now besides the mobility fleet. and the isr funding will be the one that's most important to maintain to support our combat and command requirements. >> what are the top two things you have to get done in the first six months on the job and what are this things that you need to get done over your four year tenure? >> first thing, start to work on a trust issue at least a perceived trust issue with congress. i had a number of interviews prior to to my confirmation hearing and some

that kind of granular level and you get down no that level and you need to stretch it.s build for efficiency, not for quality. quality is falling -- >> gavin: everybody has the capacity to be fully expressive. everyone has -- i mean, the educational system today hurts the talent, the latent talent that's inside of all of us. >> did benefits a lot of people, don't get me wrong about that. there are a lot of people that look back on their education and say it was terrific and it's a great liberator. i mean, i know all kind of people that did well at school. i am not saying you have to fail at school to have a life. and, of course, it does well for some of the people for whom it was designed our system is predicated on the narrow intel general, academic ability. but that's great. academic ability is important. but it's not the same thing as intelligence. it's not a synonym. i mean, academic ability is a capacity for certain type of reasoning. and it's why kids spent a the lots of time writing he is essays and doing certain sorts of math. in fact they spent time their doing

when a campaign gets this granular, when you've got marco rubio in florida trying to defend the medicare plan. when you take both the presidential and vice presidential candidates and spend three days in it one state, ohio, what you're doing is signalling the problems you have. they have a big problem in florida, a big problem in ohio, a problem all across the battle ground states. and they'reluti losing the batt for the definition of this election, in fact they've lost it, and as i said earlier, they're now playing on the president's turf. >> bob schrum and carol, thank you both for your time tonight. >> thanks. >>> ahead, the romney campaign is in trouble and they're rebooting. again. you won't believe their new strategy. >>> plus, to say it's been a bad week for the romney campaign is an understatement. and today more republicans are running and new numbers are out in key swing states. >>> and america, this is how desperate it is on the other side. they're making up stuff to be outraged about. we'll tell you why conservatives are talking about this pirate pitcher. you're watching "pol

the stocks are saying we hit a bottom on the individual granular stories, so if you look at anything in the xhb, all of those names have been running. we thought they were extremely topee. if you look at anything from whirlpool to lumber liquidators, all of these silly names that people don't realize they're in the index, forget about toll brothers mpl those are the cream of the crop. you want to be in a name like toll. >> are you still buying home builders here? would you? they had a good run. >> they have and i missed them and what schiller is not focusing on as steve was alluding to is the market is a discountsing mechanism. you don't need the sector to bottom in terms of the actual fundamentals. i missed the whole way up. i appreciate your coming to me again and reminding everybody that i missed them all the way up essentially. i wouldn't go there. i would still go to home depot. i think that's attractive in a good way. they were still buying d.r. horton, d.h.i. i think professor schiller knows in his heart the bottom has been in but he didn't call it, so he missed it and like al

guys, this is way too granular. listen to me.ve stock that sells for less than the market multiple that i think is going to have a really good year in 2013. therefore, invest in it as i've done with my charitable trust. don't trade in it. don't trade the data points. don't drive yourselves

. >> now, mike, you're the only one that has seen actual granular data that you say is positive in chinad i know what you use and i think it's terrific and i want to go into it. which is that you say there's an interesting phenomenon going on in china. we saw, we have seen, continue to see imports up in china. but then you talk about you saw electricity pick up nicely in july. talk about your electricity indicator. seems a lot more honest than a lot of the other things we hear out of china. >> well, we've seen the electricity demand this year in china slow down. it's still growing at 5% to 6%, which is, you know, much higher than any place else in the world. but it's down from 10% or 11% growth the last couple years. relative to last year and the year before it has slowed down. and we saw the second quarter in particular that was quite soft for power demand. but partly driven by the slowing economy in china. and as a result of that we saw very little growth in power demand. it picked up quite nicely in july. we saw power demand improvement of around 15%. and we start to see a recovery in

. >> let's get even more granular to steve's point here.president of the united states in an ad pokes fun at so-called trickle-down economics, calls it the failed trickle-down policies, basically says that the government -- that the economy shouldn't go from the rich down. but yet when i look at the fed action, rick, a fed not controlled by the president of the united states but at least still in washington, d.c. with a chairman appointed by the president of the united states in large part, right? that their policies are in effect benefiting the wealthy, right? in the hope that the savings from lower rates will trickle down and create jobs. so you've got the president slamming it over here and the fed practicing it over here. and i'm just trying to -- >> sully, that's not it, though. >> -- point out what i think is a giant contradiction. >> time out. >> i did sound like you. >> you did. but i'll summarize. you know, steve, you're eloquent, but i want to really cut to it. here's what i see. i see a strategy that was meant to throw all this m

what he has added is the granularity of the actual memos and some of the actual words that were there in some of the white house and national security team. richard clark, who was the national security adviser for terrorism, in his book "against all enemies" he said all the light lights were blinking red and we were pushing this in front of condi rice every day and it was hard to get any priority on this. in george tenet's book, he talks about the briefings they were given. some of this we knew. >> some of it we didn't know. >> and in terms of the level of detail we didn't know. >> failure of imagination, failure to connect the dots as we know from the 9/11 commission report. secretary panetta yesterday in asking him, in his 11 years after 9/11, is al qaeda still our biggest threat? with bin laden dead, cut off the head of the snake, but with ayman al zawihiri out there. >> al qaeda central command is all but dead. you have to keep an eye on t it's still capable of being lethal on a small scale. we don't need to worry about al qaeda central command but al qaedaism, the way they've mar

so the key word here is being granular and cement the consumers in specific ways. >> what is the best way, if that consumer story remains intact, what is the best way for overseas companies to connect with the consumers? how important is a digital strategy? this is of course a very good point. i guess something that we need to understand is consumers may skip one or two stages in the way they behavior compared to what we know in the western economies. so digitalization and the way we connect with consumers in the digital environment will be relevant and is relevant today and say much sooner than we would have anticipate the from north america. there are three technologies that i would recommend companies to watch carefully. one is digital and all the digital interaction. the other frankly is mobility. mobility will be huge in all emerging economies and will continue to grow as the young population become the next generation of consumers. and the third is analytics. because the segmentation is fult alley important the way consumers can be identified and served. >> digital, mobility and

what he has added is the granularity of the actual memos and some of the actual words that were there in front of the white house and the national security team. but, you know, richard clark, who is the national security advisor for terrorism, in his book, he said all the lights were blinking red and we were pushing this in front of condi rice every day and it was hard to get any priority on this. in george tenet's book, he details the briefings that were given. so some of this we knew -- >> but it's something that we didn't know? >> there's some in terms of the level of detail we didn't know. >> a failure of imagination. a failure to connect the dots, as we've known from the 9/11 commission report. i was with secretary panetta yesterday and asking him now that it is 11 years after 9/11, is al qaeda still our biggest threat? with bin laden dead, cut off the head of the snake, are we that worried about al qaeda? what's the state of play there? >> al qaeda central command, if you will, is all but dead. you have to keep an eye on it because it's still capable of being lethal on a small s

you should understand at a very granular level who is the electorate, who are they voting for and what is the distribution of what they are. this is an unbelievable misunderstanding of the electorate. >> what i've been thinking about what mitt romney's week is like when he said paying more than what he needed to in income tax should disqualify him as president. saying that. the way he's been running his campaign should disqualify him. as journalists i agree with a lot of media criticism that we cover the process too much. that doesn't have to do with the actual issues at hand. sometimes when you run a campaign that seems this mall a trite. it seems like it's a bad indicator of what kind of commander in chief he will be. >> to that point, i think about that. if you cannot even manage the small campaign team that you have to put out a message to communicate your policies, to all of those things, how can you run a country? >> i would say the inverse of this is the great onion headline. what was it? it was something like iraq -- iraqis stunned by bush campaign competence. it was about like

. >> laura, you dealt with the electorate in very granular terms to clinton was the witness for the defenset night. in a lot of it was about rebuffing republican arguments, a very large part of the speech. do you think that reached his target? >> i think that what he was most effective at doing was laying out the choice that people had what republicans are trying to tell america, particularly folks hurting in this economy -- they were saying that there are going to be winners and going to be losers. if you go with obama and the democrats, it is is going to come at your expense. if you are hurting already, the recipe is to take more away from you and give it to somebody else. bill clinton stood up their bank, and the entire night was about a series of people were talking about, yes, it success is important, but it does not have to come at the expense of other people. you can win at business and not rush your employees in the process of doing it. it was an optimistic path forward, inclusive, including small business, business ceo's, workers who had managed to pull through in the auto bailout.

for one, getting a level of granularity that will allow them to identify individuals and their associationss groups. another challenge, sifting through whatever information or evidence was left behind at a crime scene that was never really secured. all against a backdrop of concern for the investigators' safety. >> the fbi has a track record of being able to go into these places that are volatile and be able to put together a criminal case. we've done it in yemen with the coal bombing. we did it in east africa with the embassy bombings. >> now, more than a week after the attack and the details are just as tough to nail down as they were in the hours after it happened, wolf. >> matthew olsen, head of counterterrorism. he yesterday said flatly this was an act of terrorism. other officials now jumping on that bandwagon? >> that's right. he was the first official to say that yesterday during that congressional hearing. he said according to the administration's definition of terrorism that it does fit within the definition saying it was carried out for political reasons, wolf. >> i know there's

state in the country and does a fairly good one that i've seen that you can probably get some more granular detail on how budgets affect a particular state. >> another question? i want to get as many as we can. just a few minutes left. >> a follow-up was i understand how to get a local story, but i think sometimes we pretend every dollar lost is a bad loss. i'm trying to understand how you evaluate when a cut actually matters. you talked about defense, and so much of the money is just blown. i don't want to assume a defense cut is a bad cut. >> i don't think you can. i think that -- and i don't think anybody does. i don't think republicans or democrats would say -- it just depends where the cuts fall. there's good programs and bad programs, strategy changes overi'm that may change the value of a certain defense program you are spending money on or strategy changes, and emphasize it. you know, ten years ago nobody thought unmanned aeriel vehicles, but it was a massive need, especially as we begin to understand its uses over time in afghanistan and iraq, and so suddenly, a bigger portion of t