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Video: New video of Romney at Bain Capital surfaces



>>> we're following. the liberal website, " mother jones ," the same website na posted the romney comment, they've posted a new video of governor romney from when he was the ceo of bain capital back in 1985 . nbc news has not been able to determine whether this latest video has been edited, but in you clearly hear governor romney , who, of course, has run for president on his business background as a job creator describing his firm's vision.

>> bain capital is an investment partnership , which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully five to eight years later to harvest them at a significant profit.

>> the romney campaign also released a statement saying, quote, in addition to starting new businesses, mitt romney helped build bain capital bill turning around broken companies. the problem today is that president obama hasn't been able to turn around our economy in the same way. let's bring in mark mckinnon is chris cofinus. mark, this tape comes out the same day the obama cap pain released a new ad hitting that 47% comment romney made behind closed doors . in this bain capital clip -- we don't know if it's edited or see the entire tape himself. he's talking about his company and harvesting the profits. not about creating jobs or saving jobs. mark.

>> yeah. well, this is another in a series of events that don't make up for a good week or two for the romney campaign. this strikes me as an issue that's deeper and more problematic in some ways because the whole issue of bain and what bain means and the whole concept of private equity is a debate that i think should be -- that should have been had a long time ago in the campaign. i would liked to have seen the romney campaign put that issue forward rather than waiting for it to be taken on later in the campaign when they don't have an opportunity to talk about job creation and what private equity is on their own terms. rather, they do it late in the campaign in a defensive posture, which is problematic.

>> mark, is that the reason that the conversation was avoided? we heard so many times that governor romney would describe bain and his role there and the value of that company. we know it's private equities. we know how that game works, at least to some degree. none of us are wall street men and women in the conversation, but we know the realities of private equity . is this tape or some of the vision for bain capital the very reason we didn't hear him solidly defend that record because his vision was to harvest the profits of some of these companies they went in?

>> well, i don't think we really know the reality, because we haven't had the longer discussion. we have a perception about them very shorthanded as mitt romney was doing in that tape. he was shorthanding what parlt of their business objective is. as part of that business objective, they saved weak companies. by saving weak companies, those companies didn't go out of business. they did, in fact, save lots of jobs that probably would have -- that would have been lost because of companies would have gone under because they didn't have somebody come in and put them together and help save the jobs, shld build the companies and create profits at the same time. now we're talking about the profits for bain .

>> we're talking about the governor's latest comments on health care . let me play what he said in a recent interview with one of my nbc colleagues.

>> don't forget, i got everybody in my state insured. 100% of my kids in hi state have health shurnts. i don't think there's anything that shows more empathy and care about the people of this country than that record. obama care is exhibit number 1 of the president's political philosophy , and that is that government knows better than people how to run their lives.

>> what you saw there, chris, this is the interview with my colleague ron mott right before an event in ohio. you have behind the scenes governor romney saying that this is an example of his empathy, that universal health care in massachusetts. he goes on the stage and says something completely different.

>> well, i mean, he's clearly a tortured candidate when it comes to his positions. when you look at his record when he was governor of massachusetts , he was a more moderate republican . he moved to a far right to win the nomination. he's been paralyzed by that necessity to appease the far right of the republican party . you have this now dilemma going into in the last 40 sore so days of the election. his message hasn't worked and he's come across because of the 40% video. this new video is cold and indifferent to the flight of hard- working people . so now he's trying to show an elm pathetic side that contradicts his earlier positions and statements. it's not a good place for any candidate at this time of the election. it's a really big problem for the romney campaign.

>> does it speak to the problem that you saw coming early in in that romney had to take a certain stance it to win the republican primary ? a lot of people expected him to move at least somewhat to the center on issues perhaps not health care , because that is something we've heard as a rallying cry for many republicans, repeal obama care. here we are 40 days out, and he uses this as an example, universal health care when he was governor as a badge of honor, but he would want to strip it from everyone else in this did you nocountry.

>> it's a broader, larger problem which is pretty simple. i think you put your finger on it. i believe in his heart mitt romney is much more the person he was when he was governor. he's much more a person in the vain of his father. i think he's a transactional guy and understands how to achieve results. part of achieving results in the political framework, he looked at the republican primary and realized he wouldn't win unless he had an adapted message to that particularly conservative audience in the primaries, and that's what happened. the problem in the larger context it appears transactional and inauthentic.

>> let's talk about the polls out right now. you have president obama up in a number of battleground states . we know that is far more significance than perhaps looking the national polling out there. mark, i want to play a number of republicans and conserve tifs are saying about the polls themselves. let's play it.

>> are these polls dishonest?

>> no. look, we endow them with a false scientific precision they simply don't have.

>> these polls, i don't pay attention to them. it depends when you ask and how you ask and what the sample is.

>> all of these polls are assuming a very high turnout among afterwardsrican-americans and latinos and young people . that produces a skew that makes them vastly more democratic than the actual sample is.

>> we know a lot can change and we debates coming up. do you believe those men i just showed believe a word of what they said?

>> they have a job, and their job is to paint the best picture possible.

>> na means no, right? they don't believe anything they're saying, right?

>> i believe they're putting the best face possible on it. that's their job.

>> i agree with that. that's their job. trying to put the best face forward, mark. it's interesting. there was a conversation last night, though, in trying to spin the poll numbers, there needs to be more conversation on this campaign and what appears to be -- i don't want to use the word debacle, but anything can change, but perhaps the mismanagement. joe scarborough was laughing out loud on air on mitt romney 's response when the crowd chanted ryan as opposed to ryan/ romney , mark.

>> when things go bad they go bad with increasing frequency. in september of 2000 , we had a series of events like this and mishaps and everyone thought we should be fired, and then we went into the debates and went from 3 down to 3 up. stuff happens . politics is interesting.

>> stuff happens . we're both from texas.

>> we have six weeks left, tamron.

>> i'm about keeping it hot and interesting, but i have to keep it real. based in reality, and i don't know if that's the case right now.

>> mark is right. i think this is one of the things that concerns me about this election. this is not like 2008 where it was clear especially after the financial crisis that president obama or then senator obama was in a position to win that election. right now he's in a strong position. governor romney 's campaign is clearly flailing, but there is still a lot of uncertainty underneath these numbers. i'm just being honest, because i think democrats need to keep that perspective. if governor romney does well in the debate -- i don't know he will, but if he does that's a turning point. there's an enormous amount of time left in the election. democrats and the bahama campaign dish democrats need to keep their eye on the ball. this election is not over contrary to what polls may say.

>> absolutely. it is not over, which is why it's so fascinating so much time is spent on allegations that the polls are inaccurate as opposed to conversations lending help to the romney campaign if it can be helped at this point coming up with a list of loopholes to close. that's just one thing. let me bring to the conversation quinton kidd, he's a political science professor in virginia . thank you so much for your time. we have romney and obama in virginia right now. we have this segment called purple rain for a rain. it's solidly purple, and this is an interesting race for many reasons in virginia . what are you watching?

>> the problem in virginia for the romney campaign is they're on the defensive on all the issues, on the economy, women's issues, national security , all of issues that are important they're on the defensive right now. they don't have an issue opening to press the obama campaign on in virginia . they're behind on the economy, which was supposed to be president obama 's weakness. so i think they're really in trouble in virginia . we've seen a slip on the part of the romney campaign since the convention, so whatever that convention bounces, it turned into a convention slide in virginia . we have a series of polls out now that show the gap widening between obama and romney . i think the romney campaign needs to find an opening, a gap to shoot in virginia on that issue. they need to press that gap.

>> it's interesting you say that the spokesperson for the rnc in saz said obviously in 2008 we got our clock cleaned here and got caught flat foolted. we're just casting a real wide net in virginia . what do you make of that statement, professor?

>> well, it may be a wide net, but it's not capturing anything. in the latest swing state poll, they're behind on every issue. i mean, the number one issue that the romney campaign was going to press against obama they're behind on, the economy. they're behind on national security . they're behind on dealing with the international crises. this is a state with a huge military presence, and they're behind on two issues. i don't know what they're doing, and i think that's the problem. i don't know that people, the voters know what they're doing. they don't hear a consistent message from the romney campaign.

>> thank you so much for your time. mark, let me bring you back in real quick. romney was talking about the military and his commitment. he says as commander in chief i can stand with you and say we won't shrink our military commitment. to the professor's point, talking about the military, defense spending and these issues into the budget as opposed to getting back on the economy in that state.

>> well, missouri is a very conservative state. it's surprising that that senate race there is even close. it just testifying to how conservative it is.

>> you're welcome. take care.

>> i think romney is looking for a message that appeals to that particular constituency in missouri. he's been on an economic message for a long time, and i think he should stay on that. he's finding an appeal to the professor's pint. they haven't won without virginia , florida and ohio. maybe he needs a 50% tax cut specifically for virginians.

>> that would certainly bring in some votes, perhaps he wouldn't be able to keep that promise.

>> may not be constitutional, but that's what he needs.

>> i'm not sure that goes far enough to help them in virginia right now.

>> a little trash talk from

Source: http://video.msnbc.msn.com/newsnation/49199295/

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