US Presidential Debate BBC News Special


US Presidential Debate

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experience at this kind of format. But the president prefers this

:00:01.:00:07.

format. The President likes having people around. He wanted more

:00:07.:00:12.

people in the room. You can see the crowd and the town hall four mac.

:00:12.:00:17.

Originally the day commission was planning to have 20 people sitting

:00:17.:00:20.

uncomfortable lunches. The White house said that would not do. We

:00:20.:00:25.

like it when the President has surrounded by people. We live shots

:00:25.:00:29.

of him to show people in the background. There have reconfigured

:00:29.:00:34.

the set. Mitt Romney has plenty of expense this year with debating,

:00:34.:00:39.

perhaps that is why he did better in the first debate. Barack Obama

:00:39.:00:45.

has been in this room and this four mac four years ago. He took on John

:00:45.:00:47.

McCain and the Town Hall debate at Hofstra University in this very

:00:47.:00:52.

same room. He's comfortable with the space. There would not be the

:00:52.:00:57.

first time a sitting president has been knocked back in a fierce

:00:57.:01:00.

debate in recover them later debates? They are a certain

:01:00.:01:05.

examples of that. He is that people are talking about most in terms of

:01:05.:01:13.

this debate four mac, one has 2,000., Algol against George bush.

:01:13.:01:17.

He went into the three debates with a five-point lead in the opinion

:01:17.:01:22.

polls, performed very badly in all three debates, specially the town

:01:22.:01:27.

hall debate. Squandered his lead, came out of the debate three points

:01:27.:01:33.

behind, and George bush went on to win the 2,000. Election. That is

:01:33.:01:39.

the nightmare scenario for Democrats. I just spoke to current

:01:39.:01:42.

democratic states are just before coming on me and he said he is very

:01:42.:01:50.

nervous. Because that is the series of debates he is during the

:01:50.:01:54.

parallels from. That is the moderator making her introduction.

:01:54.:02:00.

The economy likely to feature very strongly? We expect to the killing

:02:00.:02:06.

of the US ambassador to Libya to be prominent? I think that will come

:02:06.:02:11.

out. The presidential aides say he makes responsibility for the

:02:11.:02:15.

security situation in Libya. But the economy is very important for

:02:15.:02:20.

these voters. These are 80 undecided local residents call to

:02:21.:02:25.

participate in this town hall meeting. They have submitted the

:02:25.:02:29.

questions to the moderator. She has chosen those questions and they

:02:30.:02:35.

will be a mixture of foreign policy, Libya but predominantly the economy

:02:35.:02:39.

and what Barack Obama has to do is say things are getting better but I

:02:39.:02:43.

understand that they're not as good as I won them to be. Here is Barack

:02:43.:02:53.
:02:53.:03:13.

Obama taking on Mitt Romney in the Thank you for joining us tonight.

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lot of folks have been waiting all day to talk to you. Governor Mitt

:03:18.:03:23.

Romney, you won the Toyn cost. The first question will go to you. We

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will go to a first-time voter. President, as the 20-year-old

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college student all year from professors and neighbours as the

:03:34.:03:37.

when I graduate I will have little chance to get employment. What can

:03:38.:03:42.

you say to reassure me and my parents I will be up to support us

:03:42.:03:48.

off after a graduate? Thank you, I appreciate your question and thank

:03:48.:03:54.

you to everybody who has come. Thank you to Hofstra University

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University for organising and leading this event. Thank you

:03:58.:04:02.

Barack Obama for being part of this debate. Your question is one that

:04:02.:04:07.

is being asked by college kids all over this country. In Pennsylvania

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I was with someone had just graduated. She said, I have my

:04:12.:04:17.

degree, I cannot find a job. I have three part-time jobs. They have

:04:17.:04:22.

barely enough to pay for my food and my apartment I cannot pay back

:04:22.:04:26.

my student loan. We have to make it easier for kids to afford college

:04:26.:04:30.

make sure when they get out of college there is a job. When I was

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governor of Massachusetts, to get a high-school degree you have to pass

:04:34.:04:39.

an exam. If he graduated in the top quarter of the class we gave you a

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scholarship. Four years' tuition free at the College of your choice.

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A one to make sure we keep our grant programme dying. We will also

:04:50.:04:54.

have our loan programme so people can afford school. The key thing is

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to make sure you can have a job when you get out of school. The

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last four years have been very hard for the young people of America. I

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want you to be able to get a job. I know what it takes to get this

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economy going. With half of college graduates graduating this year,

:05:13.:05:17.

without a college level job that is unacceptable. And you have more

:05:17.:05:21.

debt on your back. More debt and less jobs, I will change that. I

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know what it takes to create good jobs again. To give you the kind of

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opportunity you deserve. Kids across this country will recognise

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you're bringing back an economy. It will not be like the last four

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years, with a middle class has been crushed. Jobs have been two skis. I

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know what it needs to bring them back. When you graduate? 2014. I

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presume I will be President. I'll make sure you get a job.

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President. Your future is bright. The fact you are making an

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investment in higher education is critical. Not just you but the

:06:02.:06:06.

entire nation. The most important thing we can do is make sure we are

:06:06.:06:11.

creating jobs in this country, but not just jobs, good paying jobs.

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Ones that can support a family. I want to build on the 5 million.

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Jobs were created over the last 30 months and the private sector and

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there are a bunch of things we can do to make sure your future is

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bright. Number one, I want to build manufacturing jobs in this country

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again. When Mitt Romney said we should let Detroit go bankrupt, I

:06:35.:06:39.

said we would bet on American workers and it has come surging

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back. I want to do that in industries, not just under Troy but

:06:43.:06:47.

across the country. That means we change the tax code so we are

:06:47.:06:51.

giving incentives to companies investing in the United States and

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creating jobs here. We're helping them in small businesses to export

:06:56.:07:00.

around the world and new markets. Number two, we must make sure we

:07:00.:07:05.

have the best education system in the world. The fact to I don't hop

:07:05.:07:10.

college is great. But I want everybody to get a good education.

:07:10.:07:13.

We have worked hard to make sure student loans are available to

:07:13.:07:18.

people like you. We want to make sure colleges have slots for people

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to get retrained for jobs out there in the future. Number three, we

:07:22.:07:28.

have to control a wind energy. Not only oil and natural gas but we

:07:28.:07:32.

month to make sure we are building the only G source of the future,

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not just next year but 20 years from now. That's why we invest in

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Seoul and wind and bio Fuels, energy-efficient cars. We have to

:07:43.:07:49.

reduce the benefit but do it in a balanced way. Let us take the money

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we have been spending on war over the last decade to rebuild America.

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Roads, bridges schools. We do those things, not only will your feature

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be bright but America's future will be bright. I'm asking you for a

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more immediate answer Mitt Romney, we are looking at a situation where

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40% of the unemployed have been unemployed for six months or more.

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They do not have the two years that Jeremy has. What about the long-

:08:22.:08:27.

term unemployed that need a job just now. 23 million people

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struggling to find a job. A lot of them have been able out of work for

:08:32.:08:36.

a long time. The presidential policies have been exercised over

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the last four years may have not bought Americans back to work. We

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are fewer people with a day than we had when the President will coffers.

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The unemployment rate was 7.8% when he took office. If we take back the

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people who dropped out of the work force, we have 10.7 %. We have not

:08:58.:09:03.

made the progress it takes to get people back to work. I have a five-

:09:04.:09:07.

point plan to get America 5 million new jobs and a rise for take-home

:09:07.:09:12.

pay. It will help people across the country who are unemployed right

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now and how Jeremy get a job and he comes out of school. Barack Obama

:09:19.:09:27.

said we should take Detroit bankrupt. My plan was to get a

:09:27.:09:32.

business to come out stronger and go bankrupt. He keeps saying you

:09:32.:09:37.

want to take Detroit bankrupt. But he took Detroit bankrupt and the

:09:37.:09:42.

top Chrysler bankrupt and he took General Motors bankrupt. He

:09:42.:09:45.

actually did. I think it is important to know that was a

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process that was necessary to get those companies back on the feet so

:09:49.:09:53.

they could start hiring more people. That was precisely what I recommend

:09:53.:10:03.

it and what happened. What Governor not from the seed is not true. The

:10:03.:10:07.

one to take them into bankruptcy without giving them any way to stay

:10:07.:10:13.

open. We would have lost a million jobs. Take the executive's word for

:10:13.:10:23.

it. They may even support Governor from the some of these executives.

:10:23.:10:27.

Governor Bromley says he has a five-point plan. He has a one. Plan.

:10:27.:10:31.

That plan is to make sure that people at the top play by different

:10:31.:10:36.

set of rules. That has been his philosophy in the private sector,

:10:36.:10:42.

as governor, and as a presidential candidate. He can make a lot of

:10:42.:10:47.

money and pay more tax breaks on somebody makes a lot less. You can

:10:47.:10:52.

shift jobs overseas and get tax breaks for it. You can invest in a

:10:52.:10:56.

company, bankrupt at a strip away the pensions and you still make

:10:56.:11:01.

money. That is exactly the theosophy we have seen in place for

:11:01.:11:06.

the last decade. That is what has been squeezing middle class

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families. We have fought back for four years to get out of that mess.

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The last thing we need to do is to go back to the very same policies

:11:14.:11:24.
:11:24.:11:25.

that got us there. Mitt Romney, plenty of chances to go on.

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Detroit answer is way off the mark. We will have lots of time to answer

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on that question. I want you to move on to something connected cars.

:11:37.:11:47.
:11:47.:11:48.

We want to get a question from this man. Your energy sector, has now

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been on record three times stating it is not policy of this department

:11:52.:11:57.

to help lower gas prices. Do you agree with the senator that this is

:11:57.:12:02.

not the job of the energy department? The my asked important

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thing we can do is to make sure we control our own energy. This is

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what I've done since I have been President. We have increased oil

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production to the highest levels and 16 years. Natural gas

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production has the highest it has been in decades. We have seen

:12:21.:12:26.

increases in coal production. And coal employment. What I have also

:12:27.:12:31.

said his we cannot just produce traditional sources of energy, we

:12:31.:12:36.

need to look to the future. That is why we doubled fuel efficiency

:12:36.:12:44.

standards on cars. Next decade, any car you buy, you will go it twice

:12:44.:12:49.

as fast when you use the gas. All these things have contributed to

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asked lowering our oil imports to the lowest levels in 16 years. I

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want to build on it. That means we still continue to open up new areas

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for drilling. Make it a priority for us to go after natural gas. We

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are potentially 600,000 jobs and 100 years' worth of energy beneath

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our feet with natural gas. We can do it and an environmentally sound

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way. Have to continue to find out how we have efficient energy,

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because that is how we will find out how to reduce demand and he gas

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prices of. Mitt Romney will say he has a plan but his plan is to let

:13:34.:13:40.

the oil companies write the energy policies. He has got the oil and

:13:40.:13:45.

gas part but he does not have the clean energy park. If we are only

:13:45.:13:49.

thinking about tomorrow and the next day and not thinking about ten

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years from now, we will not control our own economic future. China,

:13:55.:13:59.

Germany they are making these investments. I will not cede those

:13:59.:14:04.

jobs for the future to these countries. I expect the new energy

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sources to be built in the United States. That will help Jeremy get a

:14:08.:14:13.

job and it will make sure you are not paying as much for gas. Mitt

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Romney? Me it does look to the policies of the President as

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opposed to the rhetoric. We have had for years of policies being

:14:22.:14:26.

played out. In terms of the additional oil production, none of

:14:26.:14:32.

it came on federal land. Oil production is down 14%. Gas

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production is down 9%. Because the President cut in half the number of

:14:38.:14:41.

licences and premises for drilling on federal land and on federal

:14:41.:14:46.

waters. Whether the increase come from. A lot of that came from a

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range in North Dakota. The administration border criminal

:14:51.:14:57.

action on the people drilling for oil. This huge new resource we have.

:14:57.:15:02.

What was the cause? 25 birds were killed in a bought out a migratory

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bird apt to go after them. I want to make sure we use our oil, our

:15:09.:15:19.
:15:19.:15:23.

If we don't be the President from keeping us to take advantage of

:15:23.:15:32.

coal and gas. Talk to the people in the industry. I was in coal country.

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People said, please, saved my job. We cannot build a coal plant. It is

:15:39.:15:44.

virtually impossible, given our regulations when the President ran

:15:44.:15:50.

for Office. They said, who will go bankrupt. That is not the right

:15:50.:15:57.

course for America. Let us use the resources and energy we have. If we

:15:57.:16:02.

do what I plan on doing, getting energy independent, North American

:16:03.:16:07.

energy independence within eight years, you will see manufacturing

:16:07.:16:15.

jobs come b jobs come blow cost. We have a bond and energy. I

:16:15.:16:20.

would get North America at energy independent. We will have more

:16:20.:16:25.

permits and licences. We will have pipelines from Canada. The

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:16:35.:16:35.

President said no to that. How well their jobs back. But the move to

:16:35.:16:41.

the gist of the question. Tomorrow morning, people will break up and

:16:41.:16:48.

find the price of gas at $4 a gallon. Is it within the purview of

:16:48.:16:52.

the government to bring prices down or are we looking at he knew

:16:53.:17:00.

normal? There is no doubt demand and production has gone up. We are

:17:00.:17:05.

using energy more efficiently. What Governor Romney said is true. We

:17:05.:17:09.

opened up public lands and a drilling more than the previous

:17:09.:17:18.

administration. Natural gas is not just appearing magically. We are

:17:18.:17:25.

encouraged in it and working with the industry. When I hear he say,

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he is a big coal die, but when he was the governor of Massachusetts,

:17:30.:17:36.

he stood in front of a coal plant and said, this plant kills. He shot

:17:36.:17:45.

it down. Now, he is a champion of coal. I try to be consistent. With

:17:45.:17:51.

respect to call, we invested in clean coal technology. We are

:17:51.:17:58.

producing clean and more coal. Smarter and cleaner. Our oil

:17:58.:18:03.

imports are down to its lowest levels in 20 years. Oil production

:18:03.:18:09.

is up. Natural gas production is up. We are starting to build cars that

:18:09.:18:15.

are more efficient, creating jobs. Those cars can be expect --

:18:16.:18:20.

exported due to demand. It will save you money. That is the

:18:20.:18:28.

strategy we need. But that has not what you have done in last four

:18:28.:18:37.

years. That is the problem. You could perm it and licences. That is

:18:37.:18:46.

not true. We have produced more oil. This is what we did. There were

:18:46.:18:56.
:18:56.:18:57.

question. How much did you cut it by? I am happy to answer. He had

:18:57.:19:03.

oil companies. They had leases on public land they were not using. We

:19:03.:19:11.

said, you cannot sit on this for 30 years. And decide when you want to

:19:11.:19:18.

drill and produce. These are public lands. If you want to drill, you

:19:18.:19:23.

use it or you use it. We took away those leases and we are relating

:19:23.:19:32.

them so we can make proffered. corruption on private land is down.

:19:32.:19:39.

Reduction in gas is down 9%. That is not true. It is absolutely true.

:19:39.:19:46.

We have produced more oil and gas and water on federal land. Coal

:19:46.:19:54.

jobs and production are not up. Many people have lost their jobs. I

:19:54.:20:00.

don't think anyone believes that you are a person who will push for

:20:00.:20:10.
:20:10.:20:10.

oil, gas and coal. I don't believe people think that is the case. I

:20:10.:20:16.

will fight for all coal and natural gas. The proof of whether the

:20:16.:20:22.

strategy is working his from the price. If you are paying less than

:20:22.:20:32.

a year or two, the strategy is working. But it was higher when the

:20:32.:20:37.

President came into office. Electricity prices are up. If the

:20:37.:20:42.

policies are working, the cost of energy will come down. I will fight

:20:42.:20:47.

to create more energy in this country. Part of that is bringing

:20:47.:20:54.

in a pipeline of oil from Canada. Drilling offshore in alas, and the

:20:54.:20:59.

junior. Those things would get us the energy we need. -- Alaska and

:20:59.:21:09.

Could you address what the Governor said? If the energy policy is

:21:09.:21:15.

working, the price of gasoline would not be $4 a gallon. He said

:21:15.:21:21.

when I took Office, the price of gasoline was $1 a T. The economy

:21:21.:21:27.

was on the verge of collapse. We were about to go through a

:21:27.:21:37.
:21:37.:21:38.

It is conceivable that Governor Romney will bring in those gas

:21:38.:21:44.

prices. We might be in the same first. I want to create an economy

:21:44.:21:54.
:21:54.:21:57.

-- same mess. We have built enough pipeline to wrap around the entire

:21:57.:22:05.

Earth once. I am all for pipelines and oil production, but not for us

:22:05.:22:12.

ignoring the other half of the equation. Wrongly said these were

:22:12.:22:20.

imaginary jobs. People in Iowa, Colorado, are working, creating

:22:20.:22:25.

wind power with good manufacturing jobs. The Republican senator in

:22:25.:22:31.

fire what is all for it, providing tax press to make this work.

:22:31.:22:36.

Governor Romney says, he is opposed. That is not an energy strategy for

:22:36.:22:45.

the future. I have to move you along. I get the last question and

:22:45.:22:55.
:22:55.:22:57.

asked answer. I will give you a chance. I promise you. I'd known to

:22:57.:23:02.

want to leave all these guys sitting here. I don't have a policy

:23:02.:23:09.

on stopping wind jobs in higher war. I appreciate those jobs. I

:23:09.:23:16.

appreciate the jobs in coal, oil, gas. Thank you. Energy resources

:23:16.:23:22.

will bring back manufacturing in America. We will get an aggressive

:23:22.:23:28.

energy policy. It is critical to our future. We will give you long

:23:28.:23:38.
:23:38.:23:46.

to taxes. -- book you along to Governor Romney, you say you will

:23:46.:23:52.

plan to reduce tax rates for all tax brackets. And you will work

:23:52.:23:55.

with the Congress to eliminate reductions to make up for the loss

:23:56.:24:03.

in revenue. Concerning these deductions, the mortgage deduction,

:24:03.:24:13.
:24:13.:24:16.

the charitable deduction, the child tax credit... You are doing great.

:24:16.:24:21.

The education credit. It is important to me. I have children in

:24:21.:24:28.

college. What are your policies on those things? You are absolutely

:24:28.:24:33.

right. I want to bring the rate down and simplify the tax code, and

:24:33.:24:42.

want to get people to get more taxes. Middle income taxpayers will

:24:42.:24:52.

have no taxes. They have been buried over the last four years.

:24:52.:24:59.

Gasoline prices have gone up $2,000. Health insurance premiums have gone

:24:59.:25:06.

off. Food prices and utility prices have gone up. The middle income

:25:06.:25:11.

families have been crushed in the last four years. How about

:25:11.:25:16.

deductions? I will bring rates down across the board for everyone. I

:25:16.:25:23.

will limit exemptions and credit for people at the high end. They

:25:23.:25:31.

will not play -- pay less than they are paying now. The top 5% will

:25:31.:25:36.

continue to pay the income tax. Middle income people are going to

:25:36.:25:44.

get a tax break. To bring debt reduction, we will say, everyone

:25:44.:25:49.

will get $25,000 in reduction in credit. You can decide which one to

:25:49.:25:58.

use. Home mortgage reduction, charity, child tax. Your rate comes

:25:58.:26:04.

down, and the burden comes down. Every middle income taxpayer no

:26:04.:26:11.

longer will pay any tax on interest, dividends or capital gains. No tax

:26:11.:26:16.

on your savings. It makes life a lot easier. If you are getting

:26:16.:26:21.

interest on a bank, a statement from a mutual fund, don't worry

:26:22.:26:28.

about filing taxes. They will be no taxes for anyone making more than

:26:28.:26:35.

$200,000 a year on dividends and capital gain. Under the last four

:26:35.:26:40.

years, they have been buried and are what to help the middle class.

:26:40.:26:45.

I will not reduce the share that has been paid by the highest income

:26:45.:26:52.

taxpayers. I will not increase taxes for the middle class. The

:26:52.:26:57.

President's spending and borrowing will cause this nation to raise

:26:57.:27:03.

taxes. Not just at the higher end. People in the middle classes C

:27:03.:27:09.

$4,000 a year of higher taxes duty the spending and borrowing of the

:27:09.:27:15.

middle -- administration. I will reduce the tax burden on middle

:27:15.:27:19.

income families. It will help those families and create incentives to

:27:19.:27:26.

start growing jobs again in this country. My philosophy on tax has

:27:26.:27:32.

been simple. I want to give middle class families and folks who are

:27:32.:27:37.

striving to get in the middle class some relief. There has been hit

:27:37.:27:47.
:27:47.:27:52.

I said awarded to cut tax. That is what I have done. I said I would

:27:52.:27:59.

cut tax for small businesses. We have cut them 18 times. I want to

:27:59.:28:05.

continue those tax cuts for middle class families and for small

:28:05.:28:12.

businesses. If we are serious about reducing deficit, if this is

:28:12.:28:20.

genuinely a moral obligation to the next generation, we need to make

:28:20.:28:27.

sure that the bourse to do a little bit more. Your first $250,000 of

:28:27.:28:34.

income, no change. 98% of American families and small businesses will

:28:34.:28:40.

not see a tax increase. I am ready to sign that be all right now. But

:28:40.:28:45.

Governor Romney's allies in Congress have denied the 98%

:28:45.:28:54.

hostage. They would tax-breaks for the top 2%. Four of 250,000, we can

:28:54.:29:02.

go back to the tax breaks we have That is what took us from deficit

:29:02.:29:08.

to surplus. It is good for the economy and job creation. Governor

:29:08.:29:14.

Romney has a different philosophy. He was on 60 minutes just two weeks

:29:14.:29:19.

ago. He was asked, is it fair for someone like you, making $20

:29:19.:29:28.

million a year, to pay lower tax rate. He said it was fair. He said

:29:28.:29:34.

that is what grows the economy. I fundamentally disagree. Would Crows

:29:34.:29:44.
:29:44.:29:44.

the economy is you get tax credit in place, that grows the economy.

:29:44.:29:53.

We make sure small businesses are getting assistance. We have a

:29:53.:29:57.

different theory. When Governor Romney stand here after a year of

:29:57.:30:03.

campaigning, he stood on stage and said I will give tax cuts. He did

:30:03.:30:10.

not say tax rate cuts, but tax cuts, including the top 1%. That has been

:30:10.:30:16.

his history. That is exactly the type of Economics that will not

:30:16.:30:26.
:30:26.:30:26.

work, if we want a strong middle Governor Romney, you should reply

:30:26.:30:36.
:30:36.:30:37.

here. My tax plan, the top 5% pay 60%. I am looking to cut taxes for

:30:37.:30:43.

middle-income people. Why do I want to bring rates down at the same

:30:43.:30:46.

time lower exemptions and reductions from people at the high

:30:46.:30:51.

end, if you bring rates down, it makes it easier for small business

:30:51.:30:56.

to keep the capital and hire people. For me, this is about jobs. I want

:30:56.:31:01.

to get the American economy going again. 54% of American workers we

:31:02.:31:05.

can businesses that are taxed as individuals. When you bring those

:31:05.:31:09.

rates down, those small businesses are able to keep more money and

:31:09.:31:12.

hire more people. I look at what has happened in the past four years

:31:12.:31:16.

and say, this has been a disappointment. We can do better.

:31:17.:31:23.

We do not have to settle for 43 months with unemployment above 8%.

:31:23.:31:28.

23 million Americans looking for a job now. Three-and a-half million

:31:28.:31:32.

women living in poverty than when the President took office. We do

:31:32.:31:38.

not have to live like this. We can get this economy going again. My

:31:38.:31:42.

plan does it. Energy independence for North America and five years.

:31:42.:31:47.

Opening up more trade with North America, cracking down on China

:31:47.:31:51.

when a cheat. Training programmes for workers, championing small

:31:51.:31:56.

business. I wonder how small businesses grow and thrive. I know

:31:56.:32:00.

how to make that happen. I spent my life and the private sector. I know

:32:00.:32:05.

why jobs come and why they go. They're going up because of the

:32:05.:32:09.

policy of this administration. need to ask the President about

:32:10.:32:16.

something you said. Mitt Romney says he will not allow the top 5%

:32:16.:32:20.

to have a tax cut, That'll all even out and what he wants to do is give

:32:20.:32:28.

the tax cut to the middle class. Settled? And No It is not settled.

:32:28.:32:35.

The cost of Loring Rake's for everybody, across the board 20%

:32:35.:32:41.

along with what he wants to do in terms of eliminating the state tax,

:32:41.:32:45.

in terms of corporate, changes in the tax code it costs five trillion

:32:45.:32:52.

dollars. Mitt Romney wants to spend two trillion dollars on conditional

:32:52.:32:56.

military programmes even though the military is not asking for. That is

:32:56.:33:00.

seven trillion dollars. He wants to push tax cuts for the wealthiest

:33:00.:33:06.

Americans. That is eight trillion dollars in total. What he sees his

:33:06.:33:11.

he is going to make sure that this does not add to the deficit and he

:33:11.:33:17.

will cut middle class taxes, when he is asked, how would you do it,

:33:17.:33:21.

which deductions which loopholes will you do you cannot tell you.

:33:21.:33:28.

The fact that he only has to pay 14% on his taxes were a lot of you

:33:28.:33:33.

are paying much higher, he is taken that on board, capital gains will

:33:33.:33:39.

continue to be at a lower rate. We will not get money that way. We

:33:39.:33:43.

have not heard from the governor at any specifics beyond Big Bird and

:33:43.:33:47.

eliminating funding for planned Parenthood in terms of how the

:33:47.:33:54.

place for that. Mitt Romney was a very successful investor. If

:33:54.:33:57.

someone came to governor with a plan and said I want to spend seven

:33:57.:34:03.

or eight trillion dollars, we will pay for it, but we cannot tell you

:34:03.:34:07.

until after the election how we will do what, you would not have

:34:07.:34:12.

taken such a sketchy deal. And neither should you, the American

:34:12.:34:17.

people. Because the maths does not add up. What is at stake here is

:34:17.:34:24.

one of two things, this blows out the deficit, because this is just

:34:24.:34:29.

to pay for the additional spending he is talking about, 17 trillion

:34:30.:34:34.

dollars before we get the debt so we already have. Alternatively it

:34:34.:34:42.

has to be paid for, not only by posting reductions for wealthy

:34:42.:34:47.

individuals, you will be paying for it. You will lose some deductions.

:34:47.:34:52.

You cannot buy this sales pitch. Nobody who has looked at it as

:34:52.:35:00.

series believes it adds up. Governor, before we get into a vast

:35:00.:35:05.

array of who says what, if it should not add up, but somehow when

:35:05.:35:09.

you get in her There is not enough tax revenue coming in, but somehow

:35:09.:35:14.

the numbers do not add up, would you be willing to look again at a

:35:14.:35:23.

20%? They do add up. I was someone who ran businesses for 25 years. I

:35:23.:35:28.

balanced the Budget. I ran the Olympics and balance the Budget.

:35:28.:35:33.

Around the state of Massachusetts as a governor and balanced the

:35:33.:35:37.

Budget for four years. When we talk about maths that does not add up

:35:37.:35:41.

how about two trillion dollars and deficits over the last four years.

:35:41.:35:47.

That his manner that does not add up. We have a president talking

:35:47.:35:51.

about his plan in a way that is completely foreign to what my real

:35:51.:35:57.

planners. Then we have his record which is we have four consecutive

:35:57.:36:00.

years will he has said when he was running of this he would cut the

:36:00.:36:04.

deficit in half, unsteady is double whammy. We have gone from 10

:36:04.:36:09.

trillion dollars of debt to 16 trillion dollars of debt. If the

:36:09.:36:13.

President were re-elected we would go to 20 trillion dollars. This

:36:13.:36:19.

puts us on a road to Greece. I know what it takes to balance budgets.

:36:19.:36:26.

I've done my entire life. It is not a cup because I'm offsetting some

:36:26.:36:34.

of the reductions with holding down similar deductions. I understand,

:36:35.:36:44.
:36:45.:36:54.

but I will get run up of town. have keeping on track. Barack Obama,

:36:54.:37:02.

this is Katrine Fenton who has a question for you? In what new ways

:37:02.:37:06.

to intend to rectify the inequalities in the workplace.

:37:06.:37:12.

Regarding females making only 72% of what my counterparts earn.

:37:12.:37:19.

great question. I was raised by a single mum. She had put herself

:37:19.:37:25.

through school while looking after two kids. She worked hard every day

:37:25.:37:30.

and a lot of sacrifices to make sure we got everything we needed. A

:37:30.:37:36.

grandmother, she started off as a secretary in a bank. She never got

:37:36.:37:40.

a college education. Even though she was smart is a work. She worked

:37:40.:37:45.

her way out to become vice- president of the bank but she had a

:37:45.:37:49.

glass ceiling. She trained people who would end up becoming her boss

:37:49.:37:55.

was. In the course of her job. She did not complain, that was not what

:37:55.:38:02.

you did in that generation. This is one off of reasons why why the

:38:02.:38:05.

first pill assigned was something called them we Leadbetter bill. It

:38:05.:38:10.

was named after this amazing woman who had been doing the same job as

:38:10.:38:18.

a man for years, found out that she was getting paid less, and the

:38:18.:38:22.

Spring Court -- Supreme Court said she could not bring sued because

:38:22.:38:27.

she had not found about it earlier. So we fix to that. There is an

:38:27.:38:32.

example the kind of advocacy we need. Because women are

:38:33.:38:37.

increasingly the breed winners of the family. This is not just a

:38:37.:38:40.

woman's issue, this is a family issue and a middle class issue.

:38:40.:38:45.

That is why we have to pay for it. It also means we have to make sure

:38:45.:38:51.

that young people like yourself able to afford a college education.

:38:51.:38:57.

Earlier Mitt Romney talked about he wanted to make education accessible

:38:57.:39:01.

for younger people. But we have done that. We have expanded

:39:01.:39:04.

programmes for millions of people including millions of young women

:39:04.:39:10.

across the country. We took $60 billion there was going to banks

:39:10.:39:14.

and lenders as middlemen for the student loan programme and we said

:39:14.:39:18.

let us cut out the middleman and give the money directly to students.

:39:18.:39:22.

As a consequence, millions of young people can afford college. They

:39:22.:39:26.

will make sure young women can compete in the market place. We

:39:26.:39:30.

have to enforce the laws which is what we're doing. We have to make

:39:30.:39:36.

sure that in every walk of life, we do not tolerate discrimination.

:39:36.:39:40.

That has been one of the hallmarks of my administration. I'll continue

:39:40.:39:49.

to push on this issue. Mitt Romney, Pay Equity for women? An important

:39:49.:39:53.

topic and one which I learned a great deal about when I was serving

:39:53.:39:58.

as Governor for my state. At the chance to pull together a Cabinet

:39:58.:40:02.

and all the applicants seemed to be men. And I went to my staff and I

:40:02.:40:07.

said, how come all the people for these jobs are men. He said well

:40:07.:40:11.

they have the qualifications. I see cannot we find some women who are

:40:11.:40:16.

qualified? So we took a concerted effort to go out and find women who

:40:17.:40:19.

had backgrounds that could be qualified to become members of the

:40:19.:40:24.

Cavill. I went to a number of women's groups and asked them to

:40:24.:40:29.

find winners. They found us binders full of women. I was proud of the

:40:29.:40:34.

fact that after I start my Cabinet that the University of New York at

:40:34.:40:38.

Albany did the survey of all 50 states and concluded mine had more

:40:38.:40:40.

women in senior leadership positions than any other state in

:40:41.:40:45.

America. One of the reasons I could get so many good women to be part

:40:45.:40:48.

of the team was because of the recruiting effort. I also

:40:48.:40:52.

recognised if you gonna have Women and the work force only to be more

:40:52.:40:57.

flexible. My chief of staff, she said I cannot be here until seven

:40:57.:41:02.

at night. I have kids at school. Have to get home at five o'clock so

:41:02.:41:05.

I can make dinner for my children and be with them when I get home

:41:05.:41:12.

from school. I said OK let's have a flexible schedule. We will have to

:41:12.:41:16.

have employers in the new economy that I will bring to play that will

:41:16.:41:21.

be so anxious to get good workers, they will be anxious to hire women.

:41:21.:41:27.

And the last four years, women have lost 580,000 jobs. That is what has

:41:27.:41:34.

happened. I mentioned, three-and-a- half million women, more and

:41:34.:41:38.

poverty than four years ago. What we can do to help young women and

:41:38.:41:43.

women of all ages is to have a strong economy, so strong that

:41:43.:41:46.

employers are looking to find good employees and bring them into the

:41:46.:41:53.

workforce. Adapt them to a flexible work schedule that gives them the

:41:53.:41:56.

opportunities they would otherwise not afford. This is what I have

:41:56.:42:00.

done. That is what I look forward to doing and I know what it takes

:42:00.:42:08.

to make an economy work. There are no order working economy looks like.

:42:08.:42:12.

Unemployment 7.8 employment -- unemployment is not a strong

:42:12.:42:18.

economy. An economy with 23 million people looking for work is not a

:42:18.:42:25.

strong economy. An economy with students graduating he cannot find

:42:25.:42:32.

a job as not and a good economy. We have to support women in the

:42:32.:42:41.

workforce. Mr President, can you get on as? I wonder. Out there when

:42:41.:42:44.

Mitt Romney was asked about the lily Leadbeater bill he said I

:42:44.:42:49.

would get at you. That is not the kind of ad this could see we need

:42:49.:42:55.

in any economy. There are issues that have a bearing on how women

:42:55.:43:00.

succeed in the workplace. The first one is healthcare. A major

:43:00.:43:04.

difference in this campaign is that Mitt Romney feels comfortable

:43:04.:43:08.

having politicians in Washington decide the healthcare choices that

:43:08.:43:14.

women are making. I think that is a mistake. And my healthcare bill, I

:43:14.:43:18.

said insurance companies need to provide contraceptive coverage to

:43:18.:43:24.

everybody who is insured. Because this is not just a health issue it

:43:24.:43:28.

is an economic issue for women. It makes a difference. This is money

:43:28.:43:34.

out of the family Pocket. Mitt Romney not only opposed it, he

:43:34.:43:37.

suggested that employers should be able to make the decision as to

:43:37.:43:42.

whether or not a woman gets contraception through insurance

:43:42.:43:47.

coverage. That is not the kind of advocacy women need. When Mitt

:43:47.:43:52.

Romney said we should eliminate funding for planned Parenthood,

:43:52.:43:57.

there are millions of women across the country who rely on planned

:43:57.:44:01.

Parenthood for not just contraceptive care but mammograms,

:44:01.:44:06.

cervical cancer screenings that is a pocketbook issue for women and

:44:06.:44:11.

families all across the country. That makes a difference in terms of

:44:11.:44:16.

how well an effect of the women can work. When we talk about child care,

:44:16.:44:19.

and the credits we are providing, that makes the difference in terms

:44:19.:44:23.

of whether they can go out there and in the living for the family.

:44:23.:44:29.

These are not just women's issues. These are family issues. These at

:44:29.:44:35.

economic issues. One of the things that makes us grow as an economy is

:44:35.:44:39.

when everybody participates and women are given the same deal as

:44:39.:44:44.

men. I have to doctors and I want to make sure they have the same

:44:44.:44:49.

opportunities -- daughters as any body's son's hair. That is part of

:44:49.:44:56.

what I'm working for as part of the United States. This is a question

:44:56.:45:06.
:45:06.:45:24.

from Susan it is for Mitt Romney. Since both you and President Bush

:45:24.:45:30.

are both Republicans, I fear the returns of all policies if you win

:45:30.:45:36.

this election. What is the biggest difference between new and George W

:45:36.:45:41.

Bush and how the different ship herself from him? Thank you. I

:45:41.:45:51.
:45:51.:46:02.

appreciate that question. Thes The timekeepers are all working.

:46:02.:46:07.

Use these two minutes. The question is on the floor. I don't believe

:46:07.:46:11.

bureaucrat in Washington should tell someone whether they should

:46:11.:46:20.

use contraceptives or not. Every woman in America should have access.

:46:20.:46:25.

The President's statement and one policy is totally wrong. Let me

:46:25.:46:30.

answer your question. President Bush and I are different people and

:46:30.:46:37.

these are different kinds. My five- point plan is different. We can, by

:46:37.:46:41.

virtue of new technology, get the energy we need in North America

:46:41.:46:48.

without having to go to the Venezuelans or Arabs. We start with

:46:49.:46:56.

a robust policy. We will become energy independent. I would crack

:46:56.:47:02.

down on China. President Bush did not. And we will expand into Latin

:47:02.:47:07.

America in terms of trade. I want to add more free trade agreements.

:47:07.:47:13.

I would get us to a balanced budget. President Bush did not. President

:47:13.:47:18.

Obama was right. It was outrageous to have deficits as high as

:47:18.:47:22.

trillions of dollars. He was right. But then he put it in deficit twice

:47:22.:47:32.
:47:32.:47:35.

that size. It will be forecast for the next four years. Championing

:47:35.:47:40.

small businesses. Our party has been focusing on big businesses for

:47:40.:47:45.

too long. I came from small business. I understand how hard it

:47:45.:47:51.

is. I will help small businesses grew and their jobs. I will keep

:47:51.:47:56.

their taxes down. Far want regulators to see their jobs as

:47:56.:48:06.
:48:06.:48:07.

encouraging small enterprise, not When you talk to small businesses

:48:07.:48:14.

and ask what they think about the ObamaCare, it keeps them from

:48:14.:48:19.

having the people. President Bush had a different path for a

:48:19.:48:25.

different time. Bypass is designed to get small businesses to grow. --

:48:25.:48:35.
:48:35.:48:37.

It is important to tell you that we came in during tough times. We were

:48:37.:48:43.

losing 800,000 jobs a month when I start up. We have been digging our

:48:43.:48:50.

way out of policies that were misplaced and focused on the top.

:48:50.:48:56.

We have seen 30 consecutive months of job loss. Five. 2 million new

:48:56.:49:02.

jobs were created. The plans I talked about will create even more.

:49:02.:49:07.

When Governor Romney says he has different economic plans, the

:49:07.:49:12.

centrepiece of his plans are tax cuts. That is what took us from

:49:12.:49:19.

surplus to deficit. When he talks about getting on top of China, keep

:49:19.:49:25.

in mind, Governor Romney invested in companies that were pioneers of

:49:25.:49:31.

outsourcing to China. He is currently investing in countries,

:49:31.:49:37.

in companies, building surveillance equipment for China to spy on their

:49:37.:49:41.

own people. Governor, you are the last person to get tough on China.

:49:41.:49:47.

But it comes to trade, we will not only signed a new trade deals to

:49:47.:49:53.

open up new markets, but we will go after anyone taking advantage of

:49:53.:49:59.

American workers and businesses. The broad twice as many cases

:49:59.:50:05.

against unfair trading practices than the previous administration.

:50:05.:50:15.
:50:15.:50:20.

When I said I wanted to protect our tyres, from China, Governor Romney

:50:21.:50:30.

said I was being protectionist. But that was required. There are some

:50:30.:50:34.

things where Governor Romney is different from George W Bush. He

:50:34.:50:40.

did not propose to turn Medicare into a voucher. He embraced

:50:40.:50:43.

comprehensive immigration reform. He did not call for self

:50:43.:50:50.

deportation. George W Bush never suggest that we eliminate planned

:50:50.:50:55.

Parenthood. There are differences between Governor Romney and George

:50:55.:51:01.

W Bush but not on economic policies. In some way, he has gone to an even

:51:01.:51:09.

more extreme place when it comes to social policy. That is a mistake.

:51:09.:51:15.

For the next question, it is similar. I will call on Michael

:51:15.:51:25.
:51:25.:51:31.

Mr President, I voted for you in 2008. I am not that optimistic as I

:51:31.:51:37.

was. Most things I need for everyday living are expensive.

:51:37.:51:44.

have gone through a tough four years. Four years ago, I said I

:51:44.:51:50.

would cut -- cut taxes for middle class families. I did. I said I

:51:50.:51:55.

would cut taxes for small businesses. I have. I said we would

:51:55.:52:03.

end the war in Iraq. I did. We have gone after Al-Qaeda's leadership.

:52:03.:52:09.

Osama Bin Laden is dead. I said we will put in place healthcare reform

:52:09.:52:16.

to make sure insurance companies cannot check your around. -- jerk

:52:16.:52:22.

you around. I said I would rein in the excess of Wall Street. We have

:52:22.:52:28.

passed the toughest Wall Street reforms since the 30s. We have

:52:28.:52:36.

created five million jobs. We are making progress. We saved the

:52:36.:52:43.

automobile industry. Does that mean you are not struggling. No. Many of

:52:43.:52:48.

us are. That is why the plan I have put in for manufacturing, education

:52:48.:52:55.

and reducing deficit is sensible. We are saving -- ending wars and

:52:55.:53:02.

putting people back to work. We are controlling our own energy of today

:53:02.:53:09.

and the future. The commitments I have made, I have kept. Those I

:53:09.:53:14.

have not been able to keep, it is not for lack of trying. We will get

:53:14.:53:19.

them done in the second term. Pay attention to this campaign.

:53:19.:53:23.

Governor Romney has made commitments as well. He will keep

:53:23.:53:31.

those as well. When Republicans say, we will sign a no tax pledge so we

:53:31.:53:37.

don't ask a dime from people to reduce the deficit to invest in

:53:37.:53:47.
:53:47.:53:49.

education and help kids go to college, he fooled me to. -- he

:53:49.:53:59.
:53:59.:54:06.

That is not the kind of leadership you need. You expect that those

:54:06.:54:10.

promises other types he will keep. His promises will be more likely to

:54:10.:54:14.

help you in your life and make sure your kids go to college and make

:54:14.:54:24.
:54:24.:54:27.

sure you are getting a good paid I think you know better. These last

:54:27.:54:34.

four queues have not been good. He did feel like you are confident the

:54:34.:54:39.

next four years and will be better. If you let Obama, you are going to

:54:39.:54:46.

get a repeat. We cannot afford four used like the last four years. He

:54:46.:54:54.

said we have unemployment at 5.4%. The difference is 9 million

:54:54.:55:01.

Americans without work. I was not the one he said 5.4%. This was the

:55:01.:55:06.

President's plan. He said he had, by now, put forward a plan to

:55:06.:55:14.

reform Medicare and social security. He would get that done. He has not

:55:14.:55:19.

even made a proposal on either one. He said he would put up an

:55:19.:55:23.

immigration plan and deal with immigration challenges. He did not

:55:23.:55:28.

even file it. He has not been able to do what he was able to do. He

:55:28.:55:34.

said he would cut the deficit, he had not even done it either. He had

:55:34.:55:39.

doubled it. He said middle income families would have a reduction in

:55:39.:55:48.

health insurance premiums. It has gone up. If ObamaCare is passed or

:55:48.:55:58.
:55:58.:56:02.

implemented, it will be another 200 He keeps saying, I created five

:56:02.:56:07.

million jobs, but that is after losing five million jobs. The

:56:07.:56:12.

unemployment has not been reduced. The number of people still looking

:56:12.:56:18.

for work is still 23 million Americans. There are more people in,

:56:18.:56:26.

-- poverty. What about food stamps? Today, 40 million people on food

:56:26.:56:31.

stamps. What about the growth of the economy? It is growing more

:56:31.:56:39.

slowly this year and last year. And slower than that here before. He

:56:39.:56:45.

want to do well. But the policies he has put in place, including

:56:45.:56:55.

ObamaCare, these policies combined have not led this economy to grow.

:56:55.:57:05.
:57:05.:57:05.

In the Reagan recession, unemployment hit 10.8%, but the

:57:05.:57:12.

recovery created twice as many jobs. Five million jobs does not keep up

:57:12.:57:17.

with our population growth. The unemployment rate since law today

:57:17.:57:24.

because the people who have dropped out of the workforce. The

:57:24.:57:30.

President's policies have not work. He is great as a Speaker and

:57:30.:57:35.

describing his plan. But we have a record to look at. It shows he has

:57:35.:57:42.

not been able to speak -- cut the deficit and put the reforms into

:57:42.:57:49.

place to get the rising in comes. The median income has decreased.

:57:49.:57:54.

Millions are out of work. This is what the election is about. Who can

:57:54.:58:01.

get the middle class in this family a bright and prosperous future?

:58:01.:58:09.

Don't go away. We are aware of the clock. I'll want to bring in a

:58:09.:58:17.

different subject. We have a question about ectopic not heard of

:58:17.:58:27.
:58:27.:58:34.

Romney, what do you plan on doing with immigrants without their green

:58:34.:58:41.

cards that are living here as productive members of society?

:58:41.:58:51.
:58:51.:58:53.

Thank you for your question. This is a nation of immigrants. We

:58:53.:58:58.

welcome people coming into this country. My father was born in

:58:58.:59:04.

Mexico. His father was born in Wales. We welcome legal immigrants.

:59:04.:59:09.

I want our legal system to work better. I want it to be streamlined

:59:09.:59:14.

and clear run. You should not hire a lawyer to figure out how to get

:59:14.:59:19.

in this country legally. We should give green cards to people who

:59:19.:59:23.

graduate with skills we need. People around the world with

:59:23.:59:27.

accredited degrees will get a green card stapled to the diploma and

:59:27.:59:33.

come to the country. We will have to stop illegal immigration. There

:59:33.:59:38.

are 4 million people waiting in line to get here legally. Those who

:59:38.:59:45.

have come here illegally... I will not grant them amnesty. I'll put in

:59:45.:59:49.

place and employment verification system and make sure employers hire

:59:49.:59:56.

people will be sanctioned -- employers who hire people here

:59:56.:00:01.

illegally will be sanctioned. Illegal immigrants will not get

:00:01.:00:06.

driver's licence. The children of illegal immigrants should have led

:00:06.:00:16.

halfway to become a permanent resident. -- should have a pathway.

:00:16.:00:21.

When the President ran for Office, he said he put in place a

:00:21.:00:26.

legislation, a bill. It would reform our immigration system and

:00:26.:00:32.

protect legal in -- legal immigration and stop illegal

:00:32.:00:42.
:00:42.:00:56.

immigration. He did not do it. Why I've looked forward to it. We are a

:00:56.:01:05.

nation of immigrants. We were a few miles away from our silent. We

:01:05.:01:08.

understand what this country has become because talent from all

:01:08.:01:13.

around the world wants to come here. People want to take risks. People

:01:13.:01:17.

who want to build on dreams and make sure kids have bigger dreams

:01:17.:01:25.

than they have. We are also a nation of loss. We need to fix a

:01:26.:01:30.

broken immigration system. I have done everything I can on my own and

:01:30.:01:34.

sought co-operation from Congress to make sure we fix the system. The

:01:34.:01:38.

first thing we did was streamline the illegal immigration system to

:01:38.:01:42.

reduce the backlog and make it easier and cheaper for people

:01:42.:01:45.

waiting in line, obeying the law to make sure they could come here and

:01:45.:01:50.

contribute to the country. That is good for the economic growth. They

:01:50.:01:52.

will start new businesses. They will make things happen to create

:01:52.:01:57.

jobs and the United States. Number two, we have to deal with our

:01:57.:02:03.

border, we put more border control on than any time in history and the

:02:03.:02:08.

flow of a undocumented people across the border is lower than it

:02:08.:02:12.

has been in 40 years. If we're going to go after illegal

:02:12.:02:18.

immigrants, we should do it smartly and go after folk to a criminals.

:02:18.:02:22.

People who were hit in the community. Not after students or

:02:22.:02:25.

folks who were here because they try and figure out how to feed

:02:26.:02:30.

families. That is what we have done. I have also said that for young

:02:30.:02:36.

people who come here, Portia by the parents often times, have gone to

:02:36.:02:41.

school here and pledged allegiance to the flag, think of this as their

:02:41.:02:47.

country. Understand themselves as Americans. We should make sure we

:02:47.:02:51.

give them a pathway to citizenship after giving them papers. That is

:02:51.:02:55.

what I've done administrator plea. Mitt Romney has said he wants to

:02:55.:03:01.

help those people to but during the Republican primary said he would

:03:01.:03:06.

veto the act which would allow people to have access. His main

:03:06.:03:10.

strategy during the Republican primary was to say we will

:03:10.:03:16.

encourage self- deportation. Making light so miserable on folks that

:03:16.:03:20.

they will leave. He called the Arizona law a model for the nation.

:03:20.:03:25.

It said that law-enforcement officers could stop folks because

:03:25.:03:29.

suspected it looked they could be a undocumented workers. And check the

:03:29.:03:38.

papers. If my daughter, or yours, looks to some body like they are

:03:38.:03:47.

not a citizen, I do not want to empower somebody like that. We can

:03:47.:03:52.

fix this system, in a comprehensive way and when Governor Romney says

:03:52.:03:58.

the challenge it is he did not try, it is not true. I sat down with

:03:58.:04:01.

Democrats and Republicans at the beginning of my term and I said

:04:02.:04:06.

let's fix this system including senators who reported on the

:04:06.:04:12.

Republican side. It is very hard for Republicans in Congress to

:04:12.:04:14.

support comprehensive immigration reform of the standard bearer has

:04:14.:04:19.

said that this is not something I'm interested in supporting. It may

:04:19.:04:26.

get Mitt Romney. Speaker the idea of self- deportation? Let me go

:04:26.:04:29.

back and speak to the point the President made and let's get them

:04:29.:04:36.

correct. I did not say the Arizona law was a model for the nation. I

:04:36.:04:40.

said there are five portion of the Arizona law which is a portion of

:04:40.:04:43.

the law which says that employers should be able to determine whether

:04:43.:04:47.

someone is there illegally or not fully believe was a model for the

:04:47.:04:52.

nation. Number two, ousted President a question. I think his

:04:52.:04:57.

ban acts and in aggressions -- immigrant flow of the nation has

:04:57.:05:02.

asked. I asked him why he did not file legislation during his first

:05:03.:05:10.

year? He said the standard bearer was not for it. Four years ago, you

:05:10.:05:16.

said in your first year you would file legislation. In his first year

:05:16.:05:20.

or, I was licking my wins from having been beaten by John McCain.

:05:20.:05:25.

My view is as present should have won it is promised to do as he said.

:05:25.:05:31.

Then the mention one other thing. Self- deportation means people can

:05:31.:05:36.

make their own choice. I did not say I would surround up people and

:05:37.:05:40.

take them out of the nation. Instead people should make their

:05:40.:05:44.

own choice. If they cannot get the benefits that they want and they

:05:44.:05:48.

cannot find the job than they will make the decision to go to replace

:05:48.:05:52.

with a big opportunities. I'm not in favour of rounding up people and

:05:52.:05:58.

taking them out of this country. I am in favour, as the President has

:05:58.:06:02.

said, and I agree with them, we have to get them out of the country.

:06:02.:06:06.

Let me mention none other thing the President has said. He was

:06:07.:06:16.
:06:17.:06:20.

describing Chinese investment. on a second. Governor Romney?

:06:20.:06:24.

Mitt Romney finish. Make it short. All these people have been waiting

:06:24.:06:33.

for you. Any investments made by me over the past four years have been

:06:33.:06:39.

managed by a blind trust. Mr President, have you look to your

:06:39.:06:46.

pension? I do not look at my pension, it is not as big as yours.

:06:46.:06:51.

The let me give you some advice. Look at your pension you have

:06:51.:06:56.

investments and Chinese companies. He had investments through other

:06:56.:07:06.
:07:06.:07:08.

trusts. We are way off topic here. We are completely off it. Thank you

:07:08.:07:18.
:07:18.:07:19.

Mitt Romney. I want to make sure we understand something. His Gaia on

:07:19.:07:24.

immigration is the man who designed the Arizona law. That is his policy.

:07:24.:07:31.

It is a bad policy. It will not help us grow. When we think about

:07:31.:07:35.

immigration, we have to understand there are people around the world

:07:35.:07:41.

who still see America as the land of promise. They provide us energy

:07:41.:07:47.

and they provide us innovation. They start companies like Google

:07:47.:07:51.

and we want to encourage that. We have to make sure that we do it in

:07:51.:07:57.

a smart way and a comprehensive way and we make the legal system better.

:07:57.:08:03.

When we make this into a divisive political issue, would we do not a

:08:03.:08:09.

bypass and support, I can deliver a whole lot of Democrats to get

:08:09.:08:13.

Immigration Reform done. We have not seen Republicans serious about

:08:13.:08:18.

this issue at all. It is time for them to get serious. This used to

:08:18.:08:24.

be a bipartisan issue. I want you to talk to this woman who has a

:08:24.:08:34.
:08:34.:08:38.

switch in topic for us. This question comes from a brain trust

:08:39.:08:43.

of my friends at global telecom. We were sitting around talking about

:08:43.:08:50.

Libya. We were reading and became aware of reports that the State

:08:50.:08:55.

Department refused extra security for embassy in Benghazi prior to

:08:55.:09:01.

the attacks that killed four Americans. Who was at that denied

:09:01.:09:08.

enhanced security and why? Let me talk about our diplomats. They each

:09:08.:09:12.

serve all around the world. They do an incredible job in a very

:09:12.:09:17.

dangerous situation. These are not just represents of the United

:09:17.:09:22.

States, they are my representatives. I send them there. Often into

:09:22.:09:27.

harm's way. I know these folks and their families. Nobody is more

:09:27.:09:31.

concerned about the safety and security than I am. It soon as we

:09:31.:09:36.

found out the Benghazi consulate was being overrun I was on the

:09:36.:09:40.

phone with my national security team and I gave them instructions.

:09:40.:09:45.

Number one was beef up the security and procedures, not just in Libya

:09:45.:09:50.

but every consulate in the region. Number two, investigate what

:09:50.:09:55.

happened. Regardless of what the facts lead us. To make sure people

:09:55.:10:00.

are held accountable and it doesn't happen again. Number three, we are

:10:00.:10:03.

going to find out who did this and we will hunt them down because one

:10:03.:10:07.

of the things I have said throughout my presidency is, when

:10:07.:10:13.

folks mess with Americans we go after them. Mitt Romney had a

:10:13.:10:17.

different response. While we were still dealing with our diplomats

:10:17.:10:23.

being threatened, Mitt Romney put out a press release. Trying to make

:10:23.:10:32.

political points. That is not how I Commander-in-Chief operates. You do

:10:32.:10:35.

not to national security into a political issue. Certainly not

:10:35.:10:40.

right when it is happening. Not everybody agrees with some of the

:10:40.:10:43.

decisions I have made. When it comes to national security I mean

:10:43.:10:49.

what I say. I said I would end the war in Iraq and I did. I said we

:10:49.:10:56.

would go after al-Qaeda and Bin Laden and we have. As it we will

:10:56.:10:59.

transition out of Afghanistan and start making sure Afghans were

:10:59.:11:02.

responsible for their own security and that is what I'm doing. It

:11:02.:11:08.

comes to this issue, when I say we will find out exactly what happened,

:11:08.:11:13.

everybody will be held accountable. I am ultimately responsible for

:11:13.:11:18.

what is taking place because these are my folks and I'm the one who

:11:18.:11:23.

has to greet those coffins when they come home. You know I mean

:11:23.:11:29.

what I say. I will move us a long, Mitt Romney. They're due for your

:11:29.:11:35.

important question. I think the President said that the bark does

:11:35.:11:41.

stop at his desk and he takes responsibility for the failure in

:11:41.:11:45.

providing security resources of. In those terrible things may happen

:11:45.:11:50.

from time to time. I feel deeply unsympathetic for families who lost

:11:50.:11:54.

loved ones. Today there is a memorial service for one of those

:11:54.:12:00.

lost in the tragedy. There were other issues associated with this

:12:00.:12:06.

tragedy. There were many days that passed before we knew whether this

:12:06.:12:09.

was a spontaneous demonstration will were there was a terrorist

:12:09.:12:13.

attack. There was no demonstration involved, there was a terrorist

:12:13.:12:18.

attack. It took a long time for that to be told the American people.

:12:18.:12:21.

Whether that was misleading or whether we did not know what

:12:21.:12:25.

happened, we have to ask ourselves why did we not know five days later

:12:25.:12:31.

when the ambassador at United stations went on TV to say this was

:12:31.:12:34.

a demonstration. How could we not have none. I find a more troubling

:12:34.:12:39.

that on the day following the assassination of United States

:12:39.:12:44.

ambassador, the first time this has happened since 1979 when we head

:12:44.:12:47.

for Americans killed be, and a Pawley we didn't know what happened.

:12:47.:12:52.

The day after that happened, flies to Los Angeles for a political

:12:52.:13:00.

fundraiser. I think these actions taken by a president and leader

:13:00.:13:05.

have symbolic significance. Perhaps even material significance in that

:13:05.:13:09.

you would hope during that time we could call in the people who why

:13:09.:13:14.

Mrs. We have read their accounts of what happened. This was not an

:13:14.:13:20.

demonstration. This was an attack by terrorists. This calls into

:13:20.:13:23.

question the policy of the President in the Middle East. Look

:13:23.:13:27.

what is happening in Syria and Libya. Consider the distance

:13:27.:13:31.

between ourselves and Israel. The President said he would put

:13:31.:13:37.

daylight between ourselves and Israel. We have around closer to a

:13:37.:13:44.

civilians killed by military and a strategically significant player

:13:44.:13:49.

for America that the presidential policies through the Middle East

:13:49.:13:56.

began with an apology and to pursue a strategy of leaving behind and

:13:56.:14:05.

this is unravelling. I want to get some people. I want to ask Barack

:14:05.:14:09.

Obama something. Your Secretary of State has said she takes

:14:09.:14:13.

responsibility for the attack on the diplomatic mission in Benghazi.

:14:13.:14:19.

Does the buck stopped with your Secretary of State? She has done an

:14:19.:14:24.

extraordinary job. She works for me. I am the President. I'm always

:14:25.:14:29.

responsible. That is why nobody is more interested in finding out what

:14:29.:14:36.

happened and I did. The day after the attack, I stood in the rose

:14:36.:14:40.

garden and I told the American people and the world that we will

:14:40.:14:46.

find out what happened. That this was an act of terror, I also said

:14:46.:14:52.

we will hunt down those who committed this crime. A few days

:14:52.:14:57.

later, I was there reading the caskets as they came in at the Air

:14:57.:15:03.

Force Base and grieving with the families. The suggestion that any

:15:03.:15:12.

body in my team, Secretary of State our UN ambassador, any body on my

:15:13.:15:17.

team would play politics or mislead when we lost four of their own,

:15:17.:15:27.
:15:27.:15:41.

Did it interesting. The President said the day after the attack, he

:15:41.:15:50.

went into the rose garden and said it was an act of terror. It was not

:15:50.:15:56.

a spontaneous demonstration, is that what you are saying? Please

:15:56.:16:04.

proceed, governor. It took the President 14 days to call the

:16:04.:16:09.

attack in Benghazi an act of terror. Can you say that a little louder?

:16:09.:16:19.
:16:19.:16:21.

He did call it an act of terror. It did take two weeks or so. You are

:16:21.:16:31.
:16:31.:16:32.

correct. the administration said of this was a spontaneous reaction to

:16:32.:16:37.

the video. It took them a long time to say it was a terrorist act by a

:16:37.:16:47.

terrorist group. Am I correct? The ambassador to the UN went on the

:16:47.:16:54.

Sunday television shows and spoke about the spontaneity. I want to

:16:54.:17:04.
:17:04.:17:06.

move you on. People can go to the transcript. Standard fare for a

:17:06.:17:16.
:17:16.:17:21.

second. I want to introduce you to During the Democratic National

:17:21.:17:27.

Convention in 2008, he said you wanted to keep AK- 47 as part of

:17:27.:17:32.

the hands of criminals. What has your administration done or plan to

:17:32.:17:37.

do to limit the availability of assault weapons? We believe in the

:17:37.:17:45.

Second Amendment. So do I. We have a long tradition of hunting,

:17:45.:17:49.

sportsmen, and people who want to make sure they can protect

:17:49.:17:55.

themselves. There have been too many incidents there have had to

:17:55.:18:05.
:18:05.:18:08.

comfort fam comfort fam lost somebody. A couple of weeks ago, I saw a

:18:08.:18:13.

mother who I met at the dead side of her son who was shot in the

:18:13.:18:22.

field. Her son was shot in the hen. We spent some time. We said a

:18:22.:18:28.

prayer. -- in the head. Two months later, this young man and his

:18:28.:18:35.

mother showed up. He looked unbelievable. Good as new. But

:18:35.:18:41.

there are many families who do not have that good fortune. Their sons,

:18:41.:18:47.

daughters, husbands did not survive. My belief is, we have to enforce

:18:47.:18:52.

the laws we have, make sure we are keeping guns out of the hands of

:18:52.:18:56.

criminals, and those who are mentally ill. We have done a better

:18:57.:19:03.

job in terms of background checks. We have more to do. I share your

:19:03.:19:10.

belief that weapons designed for soldiers war situations do not

:19:10.:19:15.

belong on the streets. I want to get their broader conversation on

:19:15.:19:23.

how to reduce violence generally. Part of it is seeing if we can get

:19:23.:19:29.

weapons banned. Part of it is looking at sources of the violence.

:19:29.:19:36.

There is a lot of violence in my hometown, Chicago. They are using

:19:36.:19:41.

cheap handguns. How do we make sure young people have opportunities.

:19:41.:19:47.

That schools are working. If there is violence on the street, we can

:19:47.:19:51.

catch it before it gets out of control by working with faith

:19:51.:20:01.
:20:01.:20:05.

We should get weapons out of the hands of criminals and the mentally

:20:05.:20:11.

ill. We should go deeper and see if we can make sure we can catch

:20:11.:20:19.

violence in pulses before they occur. I am not in favour of new

:20:19.:20:24.

pieces of legislation on plants and taking guns away, or making certain

:20:24.:20:34.
:20:34.:20:38.

guns illegal. We don't want We should make enormous efforts to

:20:38.:20:42.

enforce the gun laws we have and change the culture of violence we

:20:42.:20:52.

have. How do we do that? He mentioned good schools. I agree. We

:20:52.:20:57.

should do a better job in education and it will give people who hope

:20:57.:21:02.

and opportunities they deserve. We should mention parents. Parents

:21:02.:21:10.

raising children. Where it is possible, of the benefit of having

:21:10.:21:15.

two parents in the home. To tell their kids before they have babies,

:21:15.:21:25.
:21:25.:21:25.

is a great idea. For to my parents in a family, the prospect of

:21:26.:21:32.

poverty decreases dramatically. -- for two parents. We should bring

:21:32.:21:36.

people away from violence and gives an opportunity to bring them into

:21:36.:21:46.
:21:46.:21:49.

We have a programme under this administration. It is called fast

:21:49.:21:58.

and furious. Thousands of automatic and AK- 47 Cup weapons were given

:21:58.:22:02.

to people related to drug lords. They used for those weapons against

:22:02.:22:07.

their own citizens and killed Americans. This is a programme of

:22:07.:22:12.

the government. I can't imagine for the purpose of the programme. But

:22:12.:22:17.

it is a tragedy related to violence, which occurred during this

:22:17.:22:27.
:22:27.:22:30.

The administration has prevented the information from coming out. I

:22:30.:22:35.

want to understand who did this and what the idea was, and why it led

:22:35.:22:39.

to violence. Thousands of guns going to Mexican drug lords.

:22:39.:22:44.

question questionult weapons for that once were banned

:22:44.:22:49.

and are no longer banned. I know you signed an assault weapons ban

:22:49.:22:53.

in Massachusetts. With this question, you belong to support

:22:53.:23:00.

that. Given the kind of violence we see with ma see with mave

:23:00.:23:07.

you changed your mind? In my state, the pro guns and antique guns

:23:07.:23:16.

people came together and put together a legislation. They both

:23:16.:23:22.

came together, providing opportunities for both. They were

:23:22.:23:28.

hunting opportunities that were not previously available. It was a

:23:28.:23:33.

mutually agreed upon piece of legislation. We need more of that.

:23:33.:23:39.

Things are in gridlock now. We have not had the leadership in

:23:39.:23:45.

Washington to work at by Patterson faces. I was able to do that in my

:23:45.:23:55.
:23:55.:24:10.

Governor Romney was for a ban importance of parents and the

:24:10.:24:16.

importance of schools. I believe that if young people have the

:24:16.:24:22.

opportunity, they have less likely to engage in violent acts. We will

:24:22.:24:32.
:24:32.:24:38.

not animate everyone who is We will make sure people succeed.

:24:38.:24:45.

We did not put a bad education much. It is important to understand the

:24:45.:24:54.

reforms we put in place, where scenes schools succeed. We are

:24:55.:25:04.
:25:05.:25:08.

We are retraining workers, including done people who have

:25:08.:25:12.

dropped out of school. We are giving them a chance. We are

:25:12.:25:17.

training them for jobs that exist. Employers are looking for skilled

:25:17.:25:26.

workers and we are matching them up, education. We are making sure that

:25:26.:25:30.

millions of young people power getting access to education they

:25:30.:25:38.

cannot get before. We need to move a long. Just one second. This is

:25:38.:25:44.

important. When Governor Romney was asked, whether hiring more teachers

:25:44.:25:49.

was important to growing our economy, he said it does not grow

:25:49.:25:59.
:25:59.:25:59.

our economy. This topic is related to guns. But this will make a

:25:59.:26:09.
:26:09.:26:11.

difference on whether or not we move forward. This question is for

:26:11.:26:16.

Governor Romney. The outsourcing of American jobs overseas has taken a

:26:16.:26:22.

toll on our economy. Ford plans to you have to keep jobs in the United

:26:22.:26:32.
:26:32.:26:33.

We have seen manufacturing jobs go to China. It is now the largest and

:26:33.:26:40.

factoring country in the world. It used to be in America. --

:26:40.:26:46.

manufacturing country. People think it is more attractive to go

:26:46.:26:51.

offshore than to stay here. We have made it less attractive for

:26:51.:26:57.

enterprises to stay here. I want to make it more attractive to come to

:26:57.:27:05.

America again. We should not trickle-down government, taking

:27:05.:27:12.

more company from people and hiring government workers and rising taxes.

:27:12.:27:17.

The trickle down system has not worked here or anywhere. I want

:27:17.:27:22.

America to be attractive for small business and entrepreneurs and big

:27:22.:27:27.

business, to invest and grow in America. As we trade with a

:27:27.:27:34.

nation's, we have to make sure they play by the rules. China has not.

:27:34.:27:39.

They artificially hold down the valley of the currency. It means

:27:39.:27:45.

their prices of goods are of low. It makes them advantageous in the

:27:45.:27:49.

marketplace. We used sales. Manufacturers in the US making the

:27:49.:27:55.

same product cannot compete. China has been a good minute later for

:27:55.:28:05.
:28:05.:28:06.

years. -- manipulator. I will label China as a currency manipulator

:28:06.:28:12.

from day one. It will allow me as President to put in place tariffs

:28:12.:28:17.

where they are taking and fair advantage of manufacturers. We need

:28:17.:28:25.

to make sure people play by the rules. What is key to bringing back

:28:25.:28:35.
:28:35.:28:36.

jobs queue is not just finding It is also to make America the most

:28:36.:28:42.

attractive place in the world for businesses of all kind. I want to

:28:43.:28:51.

bring in a small and big employers. Canada's tax rate on companies is

:28:51.:28:59.

15%. Ours is 5%. We have to be competitive if we want to create

:28:59.:29:06.

more jobs. Regulations have quadrupled under this President. I

:29:06.:29:12.

talked to small businesses across the country. They say they feel

:29:12.:29:20.

like they are being under attacked. ObamaCare has been an extraordinary

:29:20.:29:25.

deterrent to enterprises of all kinds hiring people. My priority is

:29:25.:29:32.

making sure people get tired. If we have more people hired, get back

:29:32.:29:37.

manufacturing jobs, all types of jobs, we will see rising income

:29:37.:29:42.

again. Income is down because unemployment is high. I know what

:29:42.:29:50.

it takes to happen. My plan is to make sure China plays by the walls.

:29:50.:29:56.

Mr President, two minutes before we go to the last question. We need to

:29:56.:30:01.

create jobs. Their Governor Romney and I agree we should, corporate

:30:01.:30:10.

tax rates. It is too high. I want to close loopholes. They allow

:30:10.:30:15.

companies to deduct expenses when they moved to China. It allows them

:30:15.:30:22.

to profit offshore. They have tax advantages offshore. All those

:30:22.:30:32.
:30:32.:30:44.

changes in in back tax codes will If you are a small business or a

:30:44.:30:49.

big business, you have to pay even the reduced rate Governor Romney is

:30:49.:30:59.
:30:59.:31:05.

talking about. It is estimated that We will create jobs by not just

:31:05.:31:14.

changing the tax code but doubling exports. We want to create tens of

:31:14.:31:18.

thousands of jobs by doubling exports. That is why we are kept on

:31:18.:31:22.

pushing trade deals, trade deals that make sure American workers and

:31:22.:31:27.

American businesses are getting a good deal. Mitt Romney talked about

:31:27.:31:33.

China. As I indicated, in the private sector, Mitt Romney's

:31:33.:31:39.

company invested in pioneers of outsourcing. Not my phrase. What

:31:39.:31:44.

reporters called it. As by his currency manipulation, the currency

:31:44.:31:49.

has gone up 11% since I have been President because we have pushed

:31:49.:31:52.

them hard. We have put unprecedented trade pressure on

:31:52.:31:57.

China. That is why exports have significantly increased under my

:31:57.:32:04.

presidency. That has helped create jobs here. Barack Obama we have

:32:04.:32:12.

time for a quick discussion. I have had and I find, they are all

:32:12.:32:16.

manufactured in China. That is why Labor is cheaper there. How do you

:32:16.:32:20.

convince a great American company to bring the manufacturer and back

:32:20.:32:27.

here? Recant compete with anyone in the world. We can compete with

:32:27.:32:32.

anyone in the world as long as China -- the playing field is level.

:32:32.:32:39.

China has been stealing our intellectual property and it is a

:32:39.:32:42.

counterfeit Apple store selling counterfeit goods. To hack into our

:32:42.:32:50.

computers. We have to have people play on a fair basis. We have to

:32:50.:32:54.

make America the most attractive place for entrepreneurs and people

:32:54.:33:00.

who want to expand the business. The President's characterisation of

:33:00.:33:08.

my tax plan is completely false. let me go to the President. Can we

:33:08.:33:14.

get wages like that? Cannot be sustained here? There are some jobs

:33:14.:33:19.

that will not come back. Because they are low wage low-skilled jobs.

:33:19.:33:23.

We have to emphasise manufacturing and advanced man of factoring. We

:33:23.:33:28.

have to make sure we have the best science and research in the world.

:33:28.:33:32.

When we talk about deficits, if we're adding to a deficit for tax

:33:32.:33:37.

cuts, for people who do not need it and we are cutting investment for

:33:37.:33:42.

research and signs that will create the next Apple. Create the next

:33:42.:33:45.

innovation that will sell products around the world we will lose the

:33:45.:33:50.

race. If we are not training engineers to make sure they are

:33:50.:33:54.

equipped in this country, then companies will not come here. Those

:33:54.:33:59.

investments will help make sure we continue to lead this world economy

:33:59.:34:06.

not just next year but ten years from now. Thank you Mr President.

:34:06.:34:12.

Government does not create jobs. Here is the last question from the

:34:12.:34:21.

audience. This is Barry. It is a tough question. Each of you. What

:34:21.:34:26.

do you believe is the biggest misperception that the American

:34:26.:34:32.

people have about you as a man and a candidate using specific examples,

:34:32.:34:37.

can you take this opportunity to do a bunk that misperception and set

:34:37.:34:44.

us straight? Thank you that is an opportunity for me. In the nature

:34:44.:34:48.

of a campaign, it seems that some campaigners have focused on

:34:48.:34:51.

attacking a person rather than prescribing their own future and

:34:51.:34:55.

the things that like to do. In the course of that the President's

:34:55.:34:59.

campaign has tried to characterise me as someone who is different from

:34:59.:35:05.

who I am. I care about 100% of the American people. A one them to have

:35:05.:35:11.

a prosperous future. I care about our children. I understand what it

:35:11.:35:17.

takes to make a prosperous future for America. I spent my life in the

:35:17.:35:23.

public -- private sector are not government. My passion flowers from

:35:23.:35:27.

the fact I believe in God. I believe we are children of the same

:35:27.:35:33.

God. We have responsibility to care for one another. I served as a

:35:33.:35:37.

missionary for my church. I served as a pastor in my congregation for

:35:37.:35:42.

ten years. I sat across the table from people who are out of work and

:35:42.:35:46.

worked with them to try to find new work. I went to the Olympics, to

:35:46.:35:52.

try to get them on track. As Governor of my state, I was able to

:35:52.:36:00.

get hundred % of my people insured. All my children could get out

:36:01.:36:06.

schools ranked number 1 in the nation. I understand that I can get

:36:06.:36:11.

this country on track again. We do not need to settle for what we're

:36:11.:36:17.

going to. Gasoline at $4. We do not need to settle for unemployment at

:36:17.:36:22.

a chronically high level. We do not want to settle for 47 million

:36:22.:36:26.

people on food stamps. 47% of kids coming out of college not able to

:36:26.:36:32.

get work. 23 million people trying to find a good job. If I'd become

:36:32.:36:37.

President, I will get us on track to a balanced Budget and get us

:36:37.:36:41.

working again. Make sure we reform Medicare and social security to

:36:41.:36:45.

preserve them for coming generations. The President said he

:36:45.:36:48.

would he did not. I will get in comes up and I have done these

:36:48.:36:55.

things. I served as a governor and showed I could get them done.

:36:55.:37:01.

Barack Obama. Last five minutes. think a lot of this campaign has

:37:01.:37:06.

been devoted to this notion that government creates jobs that that

:37:06.:37:11.

his answer. That is not what I believe. I believe the free-

:37:11.:37:15.

enterprise system is the greatest engine of prosperity the world has

:37:15.:37:20.

ever known. I believe and self- reliance. And individual initiative.

:37:20.:37:29.

And risk-takers being rewarded. I fair shot. Everybody should do the

:37:29.:37:34.

Shia and play by the same rules. Because that is how the economy's

:37:34.:37:40.

growth. That is how we built will's greatest middle class. That is part

:37:40.:37:43.

of what is at stake in the selection. A fundamentally

:37:43.:37:48.

different vision about how we move the country forward. I believe

:37:48.:37:53.

governor Romney is a good man. He loves his family, cares about his

:37:53.:38:00.

faith. I also believe that when he said behind closed doors that 40

:38:00.:38:06.

fit 7% of the country consider themselves victims, or refused

:38:06.:38:11.

personal responsibility, think about who he was talking about.

:38:11.:38:16.

Folksong social soup purity have worked all their lives, veterans

:38:16.:38:22.

who sacrificed for this country. Students who were out there trying

:38:22.:38:27.

to advance their own dreams but this country's dreams. Soldiers

:38:27.:38:33.

overseas fighting for us right now. People working hard every day, pain

:38:33.:38:40.

payroll tax and guest access do not make enough income. I want to fight

:38:40.:38:44.

for them. If they succeed, I believe the country succeeds. When

:38:44.:38:50.

my grandfather fought World War II and came back and he got a GI bill

:38:50.:38:54.

that allowed him to go to college, it was not a handout. There was

:38:54.:38:59.

something that advanced the entire country. One to make sure the next

:38:59.:39:04.

generation has those opportunities. I want to vote and I'm asking for

:39:04.:39:10.

another four years. Mitt Romney, Barack Obama thank you. We have

:39:10.:39:15.

come down to the end of this town hall debate. Thank you to the

:39:15.:39:19.

participants for the time. And the people of Hofstra University

:39:19.:39:26.

University. We are live from Long Island New York. The second

:39:26.:39:32.

televised debates from the two candidates for the American

:39:32.:39:42.
:39:42.:39:43.

election. Barack Obama admitted he perform badly in and debate. With

:39:43.:39:50.

elections in three weeks, this was crucial. We have our correspondent

:39:50.:39:54.

in Washington. It was striking that these two candidates were directly

:39:54.:39:58.

contradicting each other on figures and fax, sometimes toe-to-toe on

:39:58.:40:03.

that stage. Voters can only reach the conclusion of one of those men

:40:03.:40:08.

is not telling the truth. It welcome back to it is most likely

:40:08.:40:14.

they will believe? I think you are correct. They can come to the

:40:14.:40:20.

conclusion, that these men do not like each off of. There was a lot

:40:20.:40:25.

of standing up and each other's body space. Half-a-dozen times they

:40:26.:40:30.

went back and forth over you are lying and I'm the one telling the

:40:30.:40:37.

truth. Voters will find it very difficult, from this for me to get

:40:37.:40:42.

a clear idea of policy proposals for either man because they were

:40:42.:40:47.

interrupting each other so much. When asked questions, often they

:40:47.:40:51.

did not use the questions as an opportunity to explain their own

:40:51.:40:56.

policies as they used them as an opportunity to attack each other.

:40:56.:41:02.

This was a real attack 90 minutes from both candidates. Going after

:41:02.:41:06.

each other's policies in a way that at times got very personal. I

:41:06.:41:11.

wonder how much voters would have liked what they saw on that. What

:41:11.:41:16.

you think voters will make of them individually. This was a much more

:41:16.:41:21.

energetic and more concise Barack Obama. He was scrappy without being

:41:21.:41:28.

aggressive. Mitt Romney was on the ball. He was not friendly and not

:41:28.:41:31.

an ultra-conservative that the Democrats have tried to paint him

:41:31.:41:36.

as. He was pushing the Republika ING line that he should be

:41:37.:41:40.

sympathetic to the President. Giving people who voted for him an

:41:40.:41:48.

excuse not to vote for him because he has tried and failed. My over or

:41:48.:41:51.

takeaway was that Barack Obama performed much better than he did

:41:51.:41:56.

in the debate in Denver. There was no clear winner in this debate and

:41:56.:42:01.

no clear loser as the was on the first presidential debate. Barack

:42:01.:42:05.

Obama did what he needed to do to put an end to the narrative that he

:42:05.:42:10.

is not engaged, that he did not come up with ideas and he did not

:42:10.:42:14.

attack Mitt Romney. Democrats watching social media during the 90

:42:14.:42:20.

minutes were very happy with his performance. He called me from the

:42:20.:42:25.

out when he needed to. He put forward his own policies. He spoke

:42:25.:42:31.

directly to women voters. He defended his administration and a

:42:31.:42:40.

way that he did not do during the first debate. Which was disastrous.

:42:40.:42:44.

Republicans, Mitt Romney held his mind during the debate. He was

:42:45.:42:49.

confident and he went after Barack Obama. At one point he said I have

:42:49.:42:55.

not finished. You can get your answer in a moment. He was not

:42:55.:42:59.

cowered by being on the same stage as the President. He gave a good

:42:59.:43:04.

defence of his own policy positions. In that respect, it will be

:43:04.:43:09.

interesting to see how poll's respond to this debate. Barack

:43:09.:43:15.

Obama did what he needed to do to stop the panic amongst Democrats.

:43:15.:43:20.

How much will it matter that Mitt Romney got himself and a bit of a

:43:20.:43:26.

tangle. Egypt at Barack Obama on his pension, Barack Obama came back

:43:26.:43:31.

with a smart retort and there was a stumbling tangle over what was said

:43:31.:43:38.

when about the fatal attack on the American consulate. We have been

:43:38.:43:43.

talking about the role of political fact checkers. During these debates.

:43:43.:43:49.

At one point the moderator came in and played live fact checker when

:43:49.:43:53.

she said which contradicted Mitt Romney that it took the

:43:53.:43:59.

administration 14 days to say this had been a terror attack in Libya.

:43:59.:44:06.

next day in the rose garden. Mitt Romney said no you didn't. The

:44:06.:44:11.

moderator said he did. He did say it was an act of terror. I did then

:44:11.:44:15.

there was a moment where the Republicans have been preparing for

:44:15.:44:21.

this in the debate, they feel this is somewhere they can paint Mitt

:44:21.:44:27.

Romney as a stronger leader than Barack Obama is for America. If he

:44:27.:44:30.

Comman Commander-in-Chief. They did not

:44:30.:44:37.

play that very well. He fluffed an opportunity. I suspect she will not

:44:37.:44:42.

be hearing as much from the Mitt Romney campaign about Libya. Few

:44:42.:44:47.

light moments during the 90 minutes. As you said, the one that there was

:44:47.:44:52.

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