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understand business, he can point to those companies he helped start, like staples and sports authority, therefore make me president. what perry and gingrich are saying, let's look at the whole picture. it wasn't all job creation. what do private equity firms do? sometimes they help start new enterprises, sometimes they just suck the cash out of businesses and those businesses die. that leads to the larger argument. mitt romney likes to say, it's free enterprise on trial. actually, it's about different kinds of capitalism. there are many kinds of capitalism. warren buffett was asked about private equity by "time" magazine this week, he said he wasn't crazy about it, because they took too much money out of companies and saddled them with debt. let's debate, what kind of capitalism do we want? >> this is a conversation that's evolved that's almost embarrassing to the republicans, isn't it? >> yeah. it absolutely is.

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