this is with james hoffa who i asked about the wisconsin recall.say. >> i think, number one, i think that scott walker can get beat. i think we've got to do everything we can. the teamsters can do everything to beat him because he's an extremist. he's danger. he wants to take away everything from everybody so that corporations can make more money. that's dangerous. we've got to beat him there. this battle goes on. the extremism that we see in ohio, wisconsin and michigan and in pennsylvania it's forcing independents over and they are moving to obama. i think it looks good. these are fight where she is to fight. you don't win every battle. if we don't beat scott walker that's not the end of the movement. >> your response to that. >> well, president hoffa is right. people aren't going to fold the tents across the country if scott walker succeeds. this wisconsin fight has become symbolic and practically important for the labor movement and for the democratic party. governor walker is really the face of austerity in america. he's the guy who has tried

james hoffa told me in las vegas earlier this week when i spoke to the teamsters, he said, he's not theidate, but i said, it's the best thing you've got going. i said, do you want walker, he said, no, i can't want walker. >> let me give you a chance to do a battle cry. what happens if walker wins? what's it say about america? >> i'll use walker's comments. he says that this is going to empower a lot of radical governors and all the other republicans around the country that you can overreach in government. that this is really what the people want and this is really where we have to take the country. look, they are using this and viewing this as a template to the next level of how they want to run the -- >> is the u.s. chamber behind it? >> no question. the chamber's behind it, they'll be throwing millions in there, they already have. and the more money walker spends, the more he goes downs in the polls. >> i love all-time politics. and all politics is local, except for this guy. anyway, thank you, ed schultz. watch him tonight. we'll be watching "the ed show" at 8:00 eastern. >>> when i

after all, take a listen to what teamsters president james hoffa had to say on may 7th. saying mitt romney represents everything that is wrong with our financial system. he made his money by destroying u.s. businesses, sending good-paying american jobs overseas, and filling his pockets with millions while putting workers out on the street. but, larry, it turns out that the teamsters don't actually hate private equity. they only hate a certain kind of private equity. and, in fact, teamsters pension funds around the country have a lot of money invested nems in private equity funds. in fact, more than $1 billion invested in private equity according to teamsters officials i talked to. i spoke with the western conference teamsters pension trust head who oversees investments there. he says i cringe sometimes when i hear them beating up on private equity for the sake of beating up on private equity. you can do so-called social investing and make just as much money as these others. so what are the teamsters talking about here? on the one hand criticizing bain capital, on the oth

we live better thanks to the good work of the teamsters union under president james hoffa.teamster.org. we will get back to your calls on why democrats, what's up with democrats, cory booker harold ford, jr., now ed randel of all people, the former democratic chair saying president obama is wrong, wrong to criticize mitt romney about bain capital. oh, yeah it was okay for newt gingrich, okay for rick perry, okay for rick santorum. but a democrat, we can't talk about bain capital 866-55-press. what's up. we will take a little time out to talk about facebook lead article in "the new york times" this morning, facebook debut raises questions on ipo processes. joining us on our news line bianca oscar is technologiested -- i'm sorry executive technology editor from huffington post. bianca thanks for joining us. >> my pleasure. good morning. >> i am one of the suckers maybe. i bought 200 shares at 38 on monday. was face book -- did i pay too much for it? >> well, you know i think it's too soon to tell really. if you look at am zon, for example, now, you are $200 a share more than