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Kaltbaum Capital Management CEO Gary Kaltbaum and Democratic strategist Chris Kofinis give their predictions for the presidential debate and its impac...
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Eastern.
And our debate before the debate facing off now democratic strategist Chris -- -- Is with -- -- from Orlando Gary car bomb -- come on capitol magic -- startling view markets.
Like I've said already think Obama get away if Romney -- some -- knock out punch tonight.
Could you see stocks actually started a new rally.
I think stocks -- been in rally mode for the end of last year so I don't think there's going to be a big difference.
What comes tonight how much change in my strategy.
And I think for me the big thing that's going on right now -- the Fed not necessarily anything Obama or Romney does but tonight.
Ha -- all right and Chris you know you say regarding that knockout punch a promise gonna throw it it's gotta come early how early and why.
Well -- the if you're the challenger and everyone's kind of you tuning in for the first time to see how you measure up with the president.
You've got I think to find that debate.
Right off the top and you know what -- -- candidates in the past you got to basically.
No puncher your opponent in the gotten and hopefully when you do shaken -- to be very difficult I think -- Obama's very solve debater.
Romney I think is coming here with.
You know low expectations but high expectations in the sense that he's got to do well to change the dynamics of this race -- -- campaign right now the polls are tight.
He still has an opportunity to win but it's he's not running good campaign by any stretch of the imagination right you just said it was the worst campaign you've ever seen in your entire history of political -- watching every listen I've done a lot of campaigns -- when you look at objectively what this campaign is is done Romney campaign Romney campaign is done it's it's malpractice.
We just in terms of what the did the the convention is a perfect example and then mistakes since then he just puts him I think in one terrible spot after another OK hey Gary.
What is Romney -- you get and I frankly have been I disappointed that he would make a better sell on the economy haven't heard much about it all from him feels like.
Hot I think he's got to do what happened in the mid term elections he's got to talk about the numbers he's got to talk about an additional six trillion dollars in debt.
When the president promised that -- lower the deficits by 50% he's got to talk about the massive.
Government spending in the government takeover.
All of our lives that's what won the mid term elections on not so shore up most of the country wants -- like that but he just can't say it.
He's got to say it with some passion and I think that's what's been missing here is -- know what I call I -- coal old.
Two when he speaks it's just been more speech speech he's got to show some real passion some real -- behind that and I think he's got a great case and it's going to be an interest they need.
-- talk about the passion you know Chris when you think about it.
The stunner is that this election is close at all the economy is in tatters Obama should be losing what is your advice to Obama tonight.
How she addressed the economy that is so screwed up by eight here's here's I think when the mistakes that running campaigns made in terms of trying to blamed the president for the entire economy.
When you look at the reality most Americans believe that George Bush has.
She shares more the responsibility for the economy is the president inherited a mess and -- I told us -- right -- so but but that if that's the perception of voters.
You tried to shake that perception when it's not working it's a problem.
So I think with respect to the president he has a bit of advanced -- because he doesn't get all the blame.
What people realizes you know it was a terrible fiscal crises it was terrible unemployment crisis.
And things -- so -- -- -- Obama tonight I think the president needs to go out there and paint the picture he needs to be very clear about where we've been.
Where we are in where we're going.
And -- I think make it very clear that the plot the future is brighter people -- wanna seem.
You know -- -- opt -- positive vision get really sick of the president blaming the other -- yeah problems that he helped greatly set.
My first thought going into -- -- that's.
If I think Romney has the state you been the president for the last four years not George W.
Bush now -- We came out of some real problems in in 2008.
But the economy was getting better the administration was putting out op -- about how the economy is much better and then it went south again in my opinion because of his policies.
That's what he's got -- -- jump below but you've been the president stop blaming others the buck stops with your -- And enough is enough leadership is about taking all the blame when you're OK some long taken the credit when you're doing something right.
OK Chris are you not to -- you know listen we're real quick.
When the president has created almost five million jobs private sector jobs the argument -- you gonna say the president hasn't turned to this -- around -- that you know it's not where it needs to be.
But he's done an incredible job under terrible certain mom's duties the American recovery have a cat out what the -- -- say that it -- and that they -- getting to thank you very much Chris if they had.
