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At mr. romney's convention, the democrats announced a key note primetime high profile speaking spot for their convention for the democrat's last president, bill clinton. do you see any advantage in one of those two very different approaches to these parties' recent governing past and the republicans pretending they don't have a recent governing past and the democrats so boldly embracing clinton. >> he's a been asset for democrats in part because mitt romney is going out on the stump and deriding barack obama by making a contrast to bill clinton. saying under bill clinton, we followed one set o...

Mr. romney next month. and as mr. romney returns from this trip, it is announced that former vice president dick cheney will not be going to the convention either. mr. cheney telling abc news he plans to go fishing instead. so the olympics, not just the trip, but the metaphor, is apt here. this is a passing of the torch. the republican party this week is insuring that the existing torch holders are in fact going to hand it over. but the guy they're trying to hand it over to at this point in his campaign seems more apt to light himself metphorically on fire with that torch than to run it anywhe...

Loophole, every means of avoiding taxes that he could have. wasn't he in effect saying that, saying that his dad wasn't qualified to be president? >> it was an unusual statement and i'm not sure most americans would look at somebody with an income of more than $20 million a year as we have seen from both of the years he has given us some data on, that they would regard it as an essential qualification that you pay the minimum on taxes. every time warren buffett goes out and speaks in favor of president obama's plan to raise taxes on the top end, people say, well, warren buffett ought to keep q...

Do you see any advantage in one of those two very different approaches to these parties' recent governing past and the republicans pretending they don't have a recent governing past and the democrats so boldly embracing clinton? >> it's a striking contrast, and bill clinton is a big asset for democrats, in part, rachel, because mitt romney is going out on the stump and deriding barack obama by making a contrast to bill clinton. saying under bill clinton, we followed one set of policies and things worked out a lot better than under obama. first, the policies weren't all that different, more mor...

They even have to cover people with pre-existing conditions. you ever hear about that as a possibility here? it's the same stuff as romney care and therefore obama care, except it's slightly more socialist in israel, and they love it. and it's working. just like the brits love it. and it's working there, too. which all makes total sense in policy terms. unless you are the guy in the middle of this who is accidentally praising it in israel or sitting through the ornate dancing pageant about it while you're trying to run for the president of the united states on the basis of this whole idea bein...