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Friess Associates founder Foster Friess on why the Wisconsin recall election has broader implications beyond the state.
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It's right out for its associates -- the bigs are backed her up of the governor Scott Walker.
One of many rich guys -- sort of pool their resources to see that -- survives this day Foster good to have you.
It's a delight feedback congratulations on your new spot.
-- deserve the -- Tony it's going to be huge successful are you.
Well -- just you know Bill O'Reilly is jealous -- I I mean it's it's a success it's -- but that's all mother Selma on.
Put on -- -- -- why are you doing this right now.
-- -- -- -- It's a separate raised why is this important to guys like view seldom -- and others.
Who who ponied up some serious -- to -- the governor survive this.
I think it's a Bellwether for what direction our country wants ago -- Arthur Brooks wrote a great book -- -- battle and I hi -- recommend it's a struggle between those who want -- have a status.
Type society in those who want of honor the free market this made America so great.
So I think that's what's at stake in the -- the second most import election after the presidential election in terms of the course of our nation so we have a lot at stake here.
And we want to maintain that for those great traditions of John F.
Kennedy ask not what your country can do for you but what you can do if your country we have to keep that alive and that's what this vote is partially about.
Now cluster we just had a union represented a different south -- said that this race.
Is about the working people of the working people in this case have been.
Abused -- the governor.
And that if there is a victory for tomorrow it's at best a pyrrhic victory.
And that the working man suffers just you know at this that it at that expense what do you think and a.
I think the working people are -- lot smarter than that -- -- would give them my credit for.
They know that they need jobs and order have jobs you have to have employers don't want to come to Wisconsin.
The chief executive magazine just can rein -- changed -- rating that Wisconsin 120.
Twenty out of fifty where is in 2010 it was up 41 out of fifteen so Wisconsin's a better environment and businessmen.
Want to hire people and yeah I think got Tim Pawlenty said to have been.
Four jobs for against business a little bit like being four -- against chickens so that they working people understand that and I think the rhetoric of the the labor union leaders is gonna fall on not -- fears.
Do you find it odd that the the president and the governor.
Have similar approval ratings have been saying that -- -- 52% to -- Obama route 53% for Governor Walker.
That I don't know what that means but it is interesting when -- make it.
Well I think part of it is because a lot of the facts haven't been really trotted out yet and I think as a campaign progresses is -- -- opportunities for example and they out walker recall campaign there was an ad saying how about -- slashed spending as cutting.
Well -- but different pictures gonna be up 3%.
And so goes back to Motorola government trick of baseline budgeting where they they -- think the rate girls are actually cut the the the actual amount of money spent for government so that was a lie -- And in genuineness fact that was presented that I think when people see what the reality as I do like this system though -- I went on vacation told my wife was -- gain fifteen pounds.
I only gained ten -- -- lost five it she didn't buy it but that's -- with a government.
-- asset class back up to say that's not -- I've tried that one but I actually did get the total fifty cluster oysters seeded thank you very much.
Blood got relates one million it's --
