george romney was a saint and his son is a lout, because george romney happened to be a rich man when this country was committed to taxation. during most of the top years was 91%. 91%. now, it so happens that george romney declared a lot of his wages as capital gains but the capital gains rate was 25% for george romney and only 15% for mitt romney. if there's a single trend in american political economy, it's rising inequality and that hasn't been mitigated by the tax system, it's been exacerbated over time. as you can see, top marginamarg rates go like this. like water, the rate flow down. this doesn't even count the proliferation of new strategies to hide from the irs and foreign tax shelters and the like. when the president's campaign points to george romney as a model of personal virtue, no one is advocating returning to the tax policies of that era, an era, i'll add a, that did not want for growth. the top marginal rate for those making above $250,000 rise to 39.6% and raise the top capital gains rate to 28.3%. both below what george romney paid. when mitt romney says this -- >>

george romney released the records in '68. you know the obama media culture would say, there is something wrong with mitt, he actually made money that's inherently evil. but i see this as a prelude to the large campaign. and i'm glad you're seated, i actually agree with something president obama said today. >> hallhallelujah! >> he said, you will see all types of negative ads. you bet the majority coming from the obama campaign, and before you can sling mud you've got to kick up the dust. so we're getting the effort to dick kick up the dust. it would be better for mitt if he went ahead and released the returns and then understand there is the inherent narrative that somehow how dare he work in the private sector and be successful. >> you guys, you republicans all make some big deal like democrats hate people who work in the public sector, but show us where you got your money because he is suggesting -- >> he is successful and if success is not a sin -- >> success is great! we all want to be successful! >> we agree then. >> but

george romney was. george romney marched with civil right activists in 1963. he worked in nixon's department of housing and urban development as secretary to fight housing discrimination, right? he's rejecting barry goldwater, right, because he's not progressive enough. because he's too racist. so it's not trickling down to the son, for some reason. i mean, i think that this is a classic republican strategy that we saw today. using black people to score points with white people, as we've said already, the real audience was not in the room. he's talking to white people -- >> via television. >> that would be why he didn't adjust the republican boilerplate in the speech. it's a real easy thing to do. in no speech do you include every single one of your policy items. he could have left those out with, but those were left in there deliberately. >> he wants to get booed. it makes him either look tough and strong to the white people watching or make him look sympathetic to the white people watching. he's speaking to the independents and as goldie said, to the base. i

it goes on to read as governor of michigan george romney presented press and aggressive agenda on the issue putting himself at odds with the republican party leaders. his son presents a different figure. now that came out right before the naacp speech. if you read it, it suggests that mitt is not nearly as inclined toward civil rights as his father is when in fact the facts don't bear that out. >> not only do the facts not bear it out, but the timing is so interesting. the los angeles times to run this story on the front page above the fold right before the naacp convention was purely strategic. what they tried to do is get out early the fact that he -- that mitt romney isn't very good on these issues. it is a false narrative. imagine if mitt romney had not shown up to the convention what the media coverage would have been like. cnn was atrocious in trying to say the speech was paned, that it was constantly booed, and they had a very one sided review of exactly what this speech was like. exactly how judy was saying, they didn't talk about some of the high points. >> and when george ro

george w. bush endorsing mitt romney to be, i guess, his one after successor. joining us is wayne slater, the co-author of "bush's brain." you reported from one of the fund-raiser. >> great to be with you. >> today, we had george w. bush finally endorse mitt romney on camera for the first time. he also released a book about how to get 4% economic growth, which is something he did not achieve as president. when president obama was running tonight in bush's backyard in texas, did he seem to you to be running against bush's legacy? >> absolutely. it was a remarkable thing today as i sat there listening to barack obama talk about the last near decade, he mentioned it two or three times, at one point, made a reference to the bush tax cuts. he effectively was saying, i am talking about the guy who 150 miles away, up in dallas, texas, is now promoting the idea, oh, goody, goody, that i think we ought to deal the way i want to with the economy. the way we used to. barack obama was talking again and again about the bush legacy. he talked about how he had ended one of th

well, his name is mitt romney. and he has gotten the worse press in london since george w. the screeching from fleet street tells it all. mitt the twit invited the sun. who invited party poopy romney. how should we react to this kerfuffle? it seems this man who has trouble speaking earthling here at home, who talks of flying on an aircraft of marvelous budgets, of being a severe conservative can be just as awkward when acting the diplomat abroad. here is a question. if a gentleman is someone who doesn't insult someone unintentionally, then mitt romney with all his posh schooling has not been very much of a gentleman this weekend. and if this insult of the london olympics calling the preparations disconcerting was intentional, what is this guy up to? i thought he wanted to improve anglo-american relations, not trash them. let's hear from two british reporters who are covering this story. simon marks and chris ship of itv. let me go to simon. just tell me what is going on here. why are the american people and their special relations with the brits, the british, causing troubl

george romney, mitt romney's father when he ran for president released 12 years. mitt romney only two years. so it's not like this is not something that isn't done. even in primaries all that have run had to release returns and go through the questions there were. >> right. >> so the question here of transparency and of whether or not as former president clinton raised did you use foreign tax places -- havens to hide the taxes. >> well, rev, what you left out in that litany of the presidents and presidential candidates who've released their tax returns, yes george romney, are m romney's father when he ran in the 1968 race. he set the precedent of returns. before him candidates would give out general views of where their tax liabilities and things. but george romney thought it was important to hand over 12 years of actual tax returns so that folks would know that quote, it wasn't a fluke. also to make sure people understood that he wasn't just showing off where the money came from. mitt romney is not following the lead set by his own father. and the second point he

so if you're george romney's son, and you revere your father, the one thing you don't want to do is make a career ending gaffe. so he is in a situation now where it's like don't make a gaffe, don't make a gaffe, don't make a gaffe. and that's like don't think of an elephant, don't think of an elephant, don't think of an elephant. you think of the elephant. you make the gaffe. and you do exactly what you're try so hard to avoid doing. >> that's line actually in -- i can't stop movie references -- "the anatomy of a murder" when the jury is told to ignore some testimony. they said it's like saying don't think of a blue cow. all you can think of is a blue cow. anyway, charles krauthammer was left nearly speechless, and he is rarely speechless by romney's comment that he found some things about london's preparation for the games disconcerting. here is charles, a usual friend on the right. let's listen. >> when romney answered in that question is unbelievable. it's beyond human understanding. it's incomprehensible. i'm out of adjectives. all the man has to do is say nothing. >> scott, he didn'

george romney always paid his taxes. george romney disclosed -- >> he was considered a social liberal. he was praised for leading that sort of liberalism that has the noblesse oblige you were referring to. >> i was in detroit when he was governor of michigan. there's a hugely different value associated with that romney versus this one and he's ridden the coattails of the older romney to sever his connection to the very people -- >> frankly, he is talking about what actually happens. you may disagree with it and think the system sucks which it does, but i go to my accountant and i also try to minimize my taxes. i don't have enough money to put stuff in the cayman islands, i don't know how that works and i don't qualify for it. >> unless you're a billionaire it ain't the same. >> the notion an elected official will stand up there and say it's a game, it's an attitude towards your reality and our reality and -- >> you hit it. it's entitlement. >> and that you don't have to explain. that's the thing with mitt romney. i'm not

black people loved george romney. wherever he went black folks turned out like he was humphrey or something. very popular with black voters. hay knew how to talk with black voters. his son, mitt romney, knows how to talk at black voters. that was the difference today. when he stands up there and says you want somebody to help black people? you are looking at him. yeah, right here. i'm the guy. >> i toad you not to repeat that. >> his father never had to say that. >> the inning thing about -- end of mitt romney's speech, he's talking about all of the touting being accomplishments of his father in the realm of civil rights -- >> supporting the civil rights movement. marching. >> i'm sitting there thinking -- why are we talking about what your father did and not talking about what you have done as a governor of massachusetts and as someone who is seeking to be a senator from massachusetts and as someone who ran for president before. he has no civil rights record to run on. he didn't mention it. i thought it was just weir

let's listen to george will. >> mitt romney's losing at this point, in a big way. if something's going to come out, get it out in a hurry. i do not know why, given that mr. romney knew the day that mccain lost in 2008, that he was going to run for president again, that he didn't get all of this out and tidy up some of his offshore accounts and all the rest. he's done nothing illegal, nothing unseemly, nothing improper, but lots that's impolitic. >> krystal, there's george will, blithely ignoring mitt romney's story about how she had to talk mitt into running this time. george is presuming that on election night in 2008, when mccain lost, that the romney campaign was starting again. and of course he should have had this figured out then. >> absolutely. he should have gotten this out, whatever it is, years ago, if there's something that's really bad. if not, put them out when the olympics come up. there's not going to be a lot going on in the news. people will be talking about the olympics and who's going to win the gold. but i think the fundamental problem here is t

>> this is a loser of anan issue for george romney. >> mitt romneney. george is the father. >>itt romney, sorry. democratic surrogates are going around and saying that one man has seen romney's tax returns. it was john mccain, when he was a vetting him for vice president. the first thing mcca did was say, "taiwan sarahalin instead." -- i want sarah palin instead." why not t just do it? why not just tell us what was in the cayman islands, the swiss bank accounts? romney separatesimlf from the massive average american people by doing this. >> first of all, cain said that he look at them and his answswer was not to go for sarah palin. his answer was, "i look in them there was nothing in them." ther he is lying and you think he i is a dishonorable man,n, or he is not. second, you release these for 10 yearars, you can imagine that each of them is hundreds of pages long and you imagine all the complications. there will be and this stuff in there, we will talk about nothing else for a month. romney is right, he should be talking about the economy. yes, he will be hit on this a peop

>> this is a loser of an issue for george romney. >> mitt romney. george is the father. >> mitt romney, sorry. democratic as targets are going around in saying that one man has seen romney's tax returns. it was john mccain, when he was vetting him for a vice president, and the first thing he did was say, "i want sarah palin instead." why not just do it? why not tell us about what was in the swiss bank accounts? romney separates himself from the massive average american people by doing this. >> mccain's answer was not "i will go for sarah palin." his answer was, "i look at them and there was nothing in them." either he is lying and you think he is a dishonorable man, or he is not. second, you release these returns for 10 years, you imagine that there are hundreds of pages long, all the complications because of our insane tax code. there will be endless stuff in there and we will be talking about nothing else for a month. romney is right, he should be talking about the economy. yes, he will be hit on this. people will imply darkly that he will be figh

he is bringing george romney into it. he is quoting your dad. romney in the middle of the ring! [ cheers ] >> not yet! not yet! hold! now biden drop the hammer. >> he wants you to show your papers, but he won't show us his. it's kind of fascinating. [ cheers and applause ] >> damn that's a good line. hit him! [ cheers and applause ] [ laughter ] >> down goes romney! down goes romney! that was a great line in front of a latino audience. you have got to be kidding me. nicely done joe. nicely doan. everybody should quote that line. none of the less guess what they are still tied. national poll out, 47-47. and they are fighting every single day. we have president obama in iowa romney in colorado and of course they are talking about taxes and taking their message to the people. watch this. >> the very idea of raising taxes on small business and job creators at the very time we need more jobs is the sort of thing only an extreme liberal can come up with. >> what we need is somebody who is going to fight every single day to grow the middle class, because that's how our economy grows. >

. >> good morning, george. >> romney went further in an interview with abc's jon karl on friday, he demanded that president obama apologize for what he called "chicago-style politics," any chance he'll get one? >> first of all, you know, it's interesting -- no, i don't think so, because mitt romney said bain capital is his calling card for why he should be president. he doesn't talk about his record as governor of massachusetts. he doesn't talk about any other piece. he said that i created jobs at bain capital. it talks exactly in president obama's campaign about what mitt romney's record is at bain capital. >> what he says that outsourcing occurred after 1999 when he left bain capital. i know that you point that s.e.c. filing -- >> george -- george, you say point to it. he signed it. he was chairman, ceo, president, you can't, as president of the united states, you can't have a sign on your desk, gone fishing. you can put that on the desk, basically, the buck stops there. you can't say to the s.e.c., i'm chairman, ceo and president, i'm not responsible, i'm not accountable. then he says the

george romney in 1967 -- >> he's running against his own father. >> george romney was the first person running for president to release his actual tax returns. not put out a press release saying, here's how much money i made and here's where it came from. and he didn't just release one or two years, the way that mitt romney has released, he released 12 years, to make it clear, so that people could know where -- >> well, he said one year would prove nothing, two years would prove nothing. >> "one year could be a fluke," is the word. mitt romney clearly must have something in those tax returns that he doesn't want anyone to see. >> it's at that point where you have to conclude -- >> right. >> this is so politically damaging, the call is release tax returns, do 12 of them like your father, at least, he won't do it, he won't do it, he won't do it. the damage keeps happening. you get to a point here where you have to begin to logically conclude that he has concluded, there's more political damage for me in the tax returns than in not releasing them. >> and the other piece of this is the fac

george romney, the first romney to run for president never comes up. we live in a world where inventory jells are hugely important and they have a vote that counts in the republican party. if it's up against barack obama, maybe it's neutralized, is that what we're all saying? >> i'm not saying it shouldn't come up, no threshold for running for office. i have never lived in a government where religion is as important to political life as in this country. christianity is important. you can't run for president in this country and say you're an atheist. >> it's very recent that these religion -- >> do the nitty-gritty politics, chris, add what helped him run up his totals in nevada and in an election con committeesest test. chris: we mentioned al smith. he stepped into a photo-op that backfired. he is posing with a gaggle, a flock of cardinals and bishops there, probably forgetting the anti-catholic element would use it against him. this shot was everywhere during smith's campaign. it didn't help. it reminded us of some other unforgivable decisions to do p

george romney released 12 years of tax records in 1968. at this. romney has released 2010 and an estimate of 2011 return. it is believe mitt romney is worth $250 million. >> scientists have a new plan to monitor the possibility of future >> following the quake that led to significant damage in our region. they plan to map underground faults of in virginia at using a low-flying airplane. i will carry instruments that will measure magnetic poles over virginia. a 5.8 quake happened in august of last year. the plan has been shelved as for now. the d.c. council postponed a vote to have them charge a $15 minimum charge. that is five times as much as a conventional taxicab. it was aimed at the company known as uber. >> coming up a new deal with a popular car maker that you rarely find at the dealer. this may sway you to buy a new car now. >> a local woman hopes her television dream can come true. why she needs your help tonight. >> leaders throughout maryland say the next time there is a storm like we had, the response from the power company >> new at 11:

maybe romney should have followed the lead of his father, george romney, stepped down as president of the american motors corporation, when he ran for office. it was real simple. a report in "the nation" says "the board elected george romney as vice chairman, but granted him an indefinite leave of absence without pay." mitt romney chose to retroactively retire. in other words, he was double-dipping. but more importantly, the romney campaign still cannot say who was running bain capital during the time in question. >> does the governor think that those were good deals for bain? >> those deals were made by -- those decisions were made by, um, by folks that were running the company differently. so i don't have the -- the details of what the decision making went into it. >> they don't have the details. that's a key word right there, key phrase. "they don't have the details." have you noticed how the romney camp is kind of short on detail? romney adviser eric fernstrom was asked, who was running bain between 1999 and 2002? his response, "you should check with bain, but it wasn't romney." "

el ex gobernador de massachusetts carece de transparencia y tiene que seguir los pasos de su cargo george romney que presentÓ las declaraciones de impuestoss de 12 aÑos consecutivos cuando fue candidato a la presidencia en 1968. en carolina del sur las autoridades no pueden investigar el estatus migratorio de personas detenidas, ha que una corte de apelaciones determine lo contrario. asÍ lo ratificÓ el juez, que bloqueÓ en diciembre pasado parte de la ley 69, la medida anti indocumentados de ese estado. ocurre a poco mÁs de 2 semanas que la koerlt suprema de justicia declarara constitucional la parte de la ley sb 1070 de arizona exige que la policÍa para ves investigue el estatus migratorio de otros detenidos. >>> vamos a una pausa y al regresar la millonaria cifra. >>> y si le gusta estar sentado, le diremos por quÉ esta no seria la mejor forma de s >>> si quiere vivir mÁs aÑo tiene que reducir el tiempo que pasa sentado limitar el tiempo durante el dÍa puede darnos 2 aÑos mÁs de vida. >>> el promedio de vida de una persona en estados unidos es de 78 aÑos y medio. pero seg�

we have only the word of a spokesperson that works for mitt romney, and that's why george romney, his own father when he ran for president, said at that that releasing one year of tax returns maybe an anomaly and it's not enough. he set a precedent of multiple years of tax returns so you had transparency and examine the finances of a candidate offering themselves for president. so mitt romney isn't willing to live up to his own father's standard or the standards of every major recent presidential candidate going back several decades. so we could actually see whether or not mitt romney's spokesman is accurate if we could see what his finances are hiding. a bermuda corporation, swiss investments, cayman island investments. why doesn't an american businessman, lawrence, need to have a swiss bank account or a bermuda corporation? why did mitt romney transfer that bermuda corporation to a blind trust in his wife's name the day before he became governor? those are unanswered questions he needs to answer. >> if you ask me, it's to hide the money from taxation. thanks for joining us tonight.