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We've heard from him regarding congress and what is called obstruction from republicans. >> no, i'm saying something i guess slightly different. look, i have nos confidence in the ability of this president to be able to ever function with this house and if this house is re-elected, then i fear we're on a path for more intransigence from the gop control of the house. what i'd like to hear him say, what will he be able to do even if they continue to be ob sti nant in their opposition to his agenda. that i haven't heard. >> what can he do if they continue their position, michael? >> that's the $6...

The common assumption is that elites are always hiding something, those people at the top are nowhere near as smart or as wonderful, as pure as all-knowing me. he ends with i don't know if america has a leadership problem. it certainly has a followership problem. i will let you respond but i also want to bring in -- one of the examples used is occupy wall street. that's an example of the incredibly self-important crowd, not partaking in the political system and fundamentally, this mistrust of institutions has not created better institutions because people aren't buying in. it's not because the...

More to lift their profits for their clients. so it is kind of a two-edged sword. you have rising economies in other parts of the world and bad money managers or financial consultants here in the united states. jenna: is there any way to tell that that 129,000 millionaires just dropped the amount of money that they made and that's why they're no longer part of the club? or did they actually physically move somewhere else and take their money out of the country? >> reporter: this study doesn't address this. that is actually happening. people who leave the united states for different kinds of re...

>> another steel company. >> another steel company. even within the steel industry, bain appears to be a net job creator, how many people can say that in the steel industry? >> one of the things that private equity does, it investigates in companies that are down on their luck, that have maybe poor management, that nt aren't doing well and tries to turn them around. and at times it works, sometimes it doesn't work. >> so what does this ad tell us about the obama campaign? that ad, after listening to kim describe what actually happened, that ad is a piece of propaganda. okay? >> and he's talkin...

We all need to get real serious about helping poor kids learn. and we've got to change the way we do it. we know what works. we've got to be willing to invest in it. early childhood is a big part of that. randi has some great ideas. we brought randi to the state to talk to us about what it would take to turn schools around. she's a national leader and has done so much on this issue and this has been a process. there were some elbows thrown in connecticut, there were some ruffled feathers. i probably ruffled some of those feathers. but the reality is, we got the deal done and are in a position ...