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When he ran for governor in massachusetts in 2002 and it didn't work. look, this election is going to be about jobs and the committee. but i agree with mayor booker who said that these attacks against bain capital and free enterprise are nauseating. i think people deserve better from the president. after all, he promised that if he didn't get this economy turned around in three and a half years, he would be a one-term president. mitt romney is here to collect. >> at the same time, david axelrod was on the program earlier as you probably saw. and this was his position on why they keep hammering...

Could have lasted longer if bain had not pulled the plug on them? >> look, sometimes when companies are in trouble, they require corrective measures. let's take an example lining gener -- like general motors when the obama administration was running general motors, they shut down plants they closed dealerships. they laid off employees. they had to change benefits forever workers to make them less costly. that's the nature of free enterprise. today, general motors is a profitable company because of the steps that were taken to bring their costs in alignment with their revenues. but look, you kn...

From any wall street or hedge fund guys who actually have been involved in bad deals? >> there's only one guy who's running for president of the united states and offering this as his credential to be president. we're having a fundamental debate about how we build the economy. mitt romney thinks the economy was fine in the last decade and wants 0 go back to those is policies. tax breaks for the wealthy, letting wall street write its own rules. his business theory, his economic theory was reflected in some of these deals. that may work well for him and he's been very good at making money for hi...

U.s. and pakistan has done downhill the last five or six months. >> compare the relationship with karzai which is as good as it's probably ever been in this president's administration considering karzai wasn't a big fan of obama at first because of press bush and now everything has flipped. >> this notre dame lawsuit a big challenge coming right after secretary sebelius was booed when she gave a commencement speech at george two. there still is this catholic issue. political problem? >> it depends on how quickly this advances in the courts. you and i aren't lawyers but play it on tv. this feel...

Tactic on "meet the press." >> this kind of stuff is nauseating to me on both sides. it's nauseating to the american public. enough is enough. >> and the "saturday night live" emotional sendoff. mick jagger helps the snl team bid an emotional farewell to chr kristin wii g. ♪ >> and good day. i'm andrea mitchell live in chicago where the president is now hosting his first nato summit, the first ever held outside of washington and only the third held in the united states since the alliance was founded more than a half century