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-- captions by vitac -- www.vitac.com good evening. our big story tonight, bain. listen to the president today. >> if the main basis for him suggesting he can do a better job is his track record as the head of a private equity firm, then both the upsides and the downsides are worth examining. >> you'd imagine all democrats would be on board. but someone forgot to tell cory booker. he's what he said on nbc's "meet the press" on sunday. >> this kind of stuff is nauseating to me on both sides. it's nauseating to the american public. enough is enough. stop attacking private equity. sto...

>> so it was -- joe scarbrough said booker had no choice. what do you make of that? >> i'm sure he heard directly from the obama campaign because it cut right against the message that they've been pushing last week and this week, which is that mitt romney was a vulture capitalist when he was at bain. it wasn't his job to create jobs but to maximize profits for investors and occasionally that went laying off people at the companies that he bought while bain would make tens of millions of dollars in fees for managing these places. so it cut against and threw up all this dust in the air. just thi...

Paying attention where they are trying to create a narrative about mitt romney. they want to pick up on the arguments made against romney in the republican primary. and build on those. trying to paint him as vulture capitalist. the reason the corey booker comment and harold ford and stephen ratner comments are problematic for the administration and campaign is they gut the central premise of the argument. they tear it out and say no, in fact, this is a totally legitimate way to make a living. the most interesting part, president obama said private equity is fine. private equity is fine. but it...

Jobs in the country and whether we invest that effort in the private sector or do we invest it in the government? the president wants to invest it in the government. romney wants to invest in the private sector, and that is the core of the debate. >> i agree with you. when you deal with the income growth in this country, thewet disparity, and how we deal with that, you have two different ways that are being proposed by the candidates that could not be more opposite, and that's what i think this is about. i like corey booker, but he is the mayor of newark. what are you talking about? when you'r...

kansas city steel mill that's the focus of the new obama campaign ad. featuring workers who say that mitt romney and his company ruined their lives. take a look. >> having a good paying job that you can support and raise a family on is hugely important. >> that stopped with the sale of the bane capital. >> i know how business works. i know why businesses come and go. >> bain capital was the majority owner. they were responsible. mitt romney was deeply involved in the influence that he exercised over these companies. >> they made as much money off it as they could. they closed it down...