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Michelle obama was fundraising. the guy is on a very, very full fundraising schedule right now. >> the guy is going to raise a billion dollars. >> you think he would be doing things like solving the economy, job problem. >> this sounds like israel-palestine. you say unilateral disarmament? no, no. democrats will raise money and if you think republicans aren't raising money, you're -- i don't know -- >> he's the president! >> and in the first quarter of the year before the election, president bush did three fundraisers. president obama did 31. that's a stark difference. but president obama argu...

To begin is with a foreign trip to brazil when you have a trade deficit that is the largest that it has ever been. in other words, you have to pri prioritize. >> the day that he went, there were articles and papers in kansas, new jersey and florida talking about the importance actually of opening markets in brazil to specific companies in each of those states. >> and i think that's wonderful. >> to me there's a more direct line. >> we need 30 million jobs -- >> okay, b in terms of sgloe so the anecdote is politically delightful to be look at the ten jobs the president just got you because he h...

Be truly established. >> all right. of the president himself, david said thatless some $2 trillion in cash that corporate america is sitting on. what does it take get employers to spend that money and hire? >> one aspect might be to go to what ken is talking about, changes in the tax code. there are particularly of that $2 trillion, a big chunk of it is overseas and corporations argue if you would let us bring it back and reinvest it and we don't have do pay the high rates when we come back, we're more likely to do that. i think that's worth exploring. you'd have insure somehow it doesn't go i...

Thoughtful but i was most taken by what jamie dimon said. he's, of course, the chairman and ceo of jp morgan chase, dimon and his company emerged unscathed from the financial crisis. in fact, with both their reputations enhanced. you want to hear what jim mee dimon had to say about the state of the u.s. economy and the job problem and europe and why he thinks he and his foel low bankers get a bad rap. >> there is still, if you know, if you look at polls in the united states, still a widespread feeling in the united states that the taxpayers bailed out the banks and the banks are not helping th...

You just can't fix one piece of it or think you are, and that's going to take care of everything else. it is a comprehensive effort that the business community is looking for, from both the house, white house and the congress. >> but, david, you know, the optics are still pretty. a lot of the companies have offshored an awful lot of jobs, we've documented it over the years and now the president is saying almost a jfk moment, ask not what your country can do for you, but ask what you can do for your country and 48% of their profits are from overseas. >> i'm not sure that you can rely on the pat...