August 5th Eric News Today

Billion the government loaned to the company they will recover zero to $24 million. of the second payment, $382 million, it will recover zero plus, depend on outcome of liquidation. you can imagine because of the number of solar companies that have gone under, particularly those with government funds behind them, the market is not so great for liquidating the companies so the outcome does not look good. >>eric: zero, plus. >>diane: so $24 million of half a billion. >>eric: mitt romney rallies fo...

Five years ago and it took us, and we still ongoing adding jobs, we had 30 jobs in can done, and up to 100, and up to 300 very quickly. >>eric: it will confident you $20 million or $30 million, and another company up to $175 million a year for them. so the numbers, clearly, are big and putting a clamp on hiring. we have to leave it there. thank you, sir. >> president obama and bill clinton. one campaign decision could have everyone fold. [ breathes deeply ] ♪ this is where the dream begins ♪...

Put aside extraordinary relationships we need to nurture. there is nobody closer to us than the canadians. we just have to get on with it. we understand these are political times. >>eric: thank you, gentleman. gentleman, it is fantastic see youing work together. we would love to have you later on in the week and see what has progressed. thank you. >> my next guest is hoping to listened a job in the united states senate. when presidents close in texas tomorrow, he will know if he is a step closer...

To get up at daylight and work to midnight to create new jobs for people. >>eric: we made a mistake because those were democrats saying that. >>pat: i thought that was smart because it goes into obama and scott brown takes it to elizabeth warren, the architect of the statement "you didnt do it, we did it for you." which a last democrats, and particularly more moderate democrats and those who believe in the free enter surprise, that marginalizes obama. that is the ad that romney should run. >>eri...

>>eric: the presidents health care is hitting a medical device maker directly in the wallet. cook medical says the medical device tax means they cannot afford to expand or hire to the tune of 1,500 workers. the executive vice president of cook medical, thank you for joining us. you were planning to add five new plants in the midwest and now the plans are off the table? >>guest: we hoped that would be our strategy for growth move forward the next few years. we had a plant facility we opened in il...

>>guest: right, you can have the mormon factor in there but you cannot have the jeremiah wright factor. you will not see coverage about that with a questionable religious practices that president obama has had. it is a double standard. >>eric: maybe this canbly well -- this can play well for romney. maybe it is okay for him to be the wimp, the normal guy, nothing out of the ordinary. but that is what the the american people want rather than a guy who wants to hobnob with celebrities. >>guest: ma...

They are bringing in military members, they are bringing in children to fill the seats. there are some, there was some of this in the beijing olympics but the chinese communists got their act together pretty fast and got it all straightened out and got the people in their seats. we still have in the seen that happen if london. >>eric: romney took a lot of heat. >>guest: i understand the criticism you are abroad and do you in the want to insult your host but he was raising an honest issue here ab...

People point out and suggest bill clinton is not president obamas greatest fan. and there was a new anecdote put out yesterday with an interview with john mccain who in an off the hand comment, not even the major point of the column mentioned in 2008 when he was running for president he talked to bill clinton during the campaign for policy advise. that seemed strange. why would bill clinton who endorsed obama and was supporting obama call john mccain to give him policy advice during the campaign...

Facilities here in the united states, we are looking to add on additional resources in ireland and other places where we have existing facilities. >>eric: so you have created 300 jobs the last time, at other planet but bought so 300 times five. are we talking 1,500 jobs. >>guest: that is about right we looked forward to in the next five years. we are looking to add another facility. we are a global organization so we have 10,000 folks around the world. what we have to do is look, where do we add...

$30 million a year, is that right? >>guest: that is right. >>eric: we were talking about 3.8 percent medical device tax in obamacare that could be possibly not realized is in the if the law? >>guest: the tax, the additional tax we did not have before, so, sometimes people think of it as a sales tax but what it really is it takes 2.3 percent of our revenue and hads that to our tax bill. >>eric: so 2.3 percent. so, $20 million or $30 million so you decided not to hire the people to build the plant...