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Equity first twice the size of bain capital. white house saw no incon analysis stepsy in bashing of one private equity firm and milking of another. >> it's not a question of whether private equity specifically is important or valid. it's the vision you bring to the job. >> team romney struck back with the second web video in two days. this focused not on another plant thying today, but on the ordinary iowanss among the 23 million americans unemployed, underemployed or departed from the workforce. >> that is the problem. a lot of people were around here. everyone believed, everyone had hope. th...

Thought was a significant take-away from comments he want to push the fight before the election. they'll have some of votes before the election. put the president on the spot. i don't think it's going to go anywhere. i don't think the president wants to have the debate before the election. it's interesting that boehner seems to think, even with everything that happened last summer this is a winning issue for republicans. it's something they can run on. >> bret: today, mitt romney said this is a prairie fire of debt. clearly they are, the republicans are laying out the battle. >> no question at...

Happened in round one and threaten with a round two, democrats will say go ahead. make my day. >> bret: right. on the sequester, they are passing alternatives to sequester going nowhere in the senate. the question is if the republican party is the party doing something ase as opposed o not doing something. >> you won't have a republican hold the republican elect hostage on the debt ceiling so obama has a program on the debt. the house of representatives will support him. it will be enacted if he is elected. if he is not elected we're back where we were last year. you can't g.o.p. america from ...

Himself to the house republicans. that is something to watch more than anything else in this. at the end of the day, goodbye thanksgiving goodbye christmas. this is the tense period after the question. it's fascinating theater. on the substance front. it's important. i don't see an end dame here. >> bret: there will be short-term patches to get in next year to avoid a train wreck. you have wonder how that is going to happen with the politics of an election year? >> i don't think it can be patched. i think what boehner has done today is to i agree with jeff,

Protest. >> the euro zone may be able to survive without greece, the question is at what cost? what will be effect. bret? >> bret: thank you. >> $5.12 trillion. china boosted the holding for a third straight month. it's currently the largest buyer of treasury securities. we learn today that the justice department is investigating the $2 billion plus traying loss at j.p. morgan chase. the head of the company faces the music and the shareholders today in florida. box business network senior washington correspondent peter barnes showed us what happened. [ chanting ] >> as public anger at j.p. mor...