Backing off Bain?

This transcript is automatically generated

Fantastic well Newt Gingrich has been hammering GOP front runner Mitt Romney.

On his record at Bain Capital but is Newt Gingrich now changing his tune after this exchange for the supporter in South Carolina yesterday.

I'm here to implore one thing that you think you.

Miss the target on the way.

Your address in Romney's weaknesses.

I want to update you to redirect and go after.

His obvious disingenuousness about conservatism.

And lay off the corporate us vs the premarket I think there's new ones I would like -- aren't I brilliant.

A case and I agree with you right there and the presidential candidate Newt Gingrich joins us right now for -- -- it weren't you -- Good morning I think it's important to notice what he said.

He said the gap between governor Romney's record as a moderate or liberal governor of new Massachusetts -- Governor who for example put Planned Parenthood in -- Romney care the largest abortion provider in the country.

The gap between that and his claim to be conservative is an even bigger vulnerability.

Than any questions about his business dealings that I agree with that -- sure drawing a sharp contrast in South Carolina.

We have -- tax increase in pro gun control raising the tax and owning a gun gun.

Pro abortion governor trying to pretend he's a conservative.

That's a pretty big target and a -- south Carolinians understand.

The gap between a Georgia Reagan conservative.

And a Massachusetts moderate well after you said I agree with you you know one of the blogs came up -- -- back and off he says he went over the line.

You're not backing up your tax on Mitt -- -- bailout look up.

Look let me put out.

Romney ran.

On the grounds of that at a time when we really need jobs.

That he has this great jobs -- now the Washington Post came out yesterday -- -- three Tokyo's.

And said you know and you get down to it.

He didn't create a 100000 jobs in composed of creating a 100000 jobs.

We ran for the senate -- for.

He kind of created 101000 jobs and he had left main gavel so so -- you get three Pinocchio is not so so you can't run.

Saying I have two great credentials my governorship which are not allowed to talk about because it's really pretty liberal.

And the work in a bank capital which are not allowed to talk about because that's an attack on if you talk about my record.

That's an attack on on free at a price that's a -- so I just think there are specific cases that the Wall Street Journal has reported.

Where companies who -- invested in went bankrupt in unusual circumstances.

-- that he owes it to the country to hold a press conference.

And walk the country through these this is his record that he has been campaigning on.

But but I'm not focusing on that and supplement.

I'm focusing on how do we develop energy -- to -- 80000 dollar your jobs.

-- we modernize the port of Charleston so that we can be fully competitive when the panel canals -- -- -- Into done right that's what we -- fire the national labor relations board of Obama.

To get him off the back to Boeing yeah so -- create more jobs and Seth I'm so I'm campaigning is a pro jobs Reagan conservative.

And then I think a secondary issue is what -- like yeah I'll just record is in fact valid.

-- -- -- before and we want to ask about Mitt Romney's record -- what you're calling for him to do is to come out and explain why those five in particular.

Companies went bankrupt you want to hear him say that they took out too much debt are you want to hear him say watt.

Well movement -- I think it is lost you.

For some reason what do you want to hear -- new York and we hear you present -- OK okay I just came back but I would just say to you that that that.

When you have a circumstance where they made a lot of money in the company went broke.

Is legitimate to ask the question and this is a whole Wall Street problem.

How come the big boys and a lot of money and they would broke that's not -- -- and capitalist.

That's not an issue about the whole capitalist system.

That is a question about a very particular style of activity.

Involving a very tip of personal or we're not talking about the system.

Which are much somebody who is running for president states and -- question about his judgment his values.

The choices he made very decision that's very -- speaker of general rose.

Are attacking the the essence of capitalism that did you know venture capitalism is is taking risk.

What did the Bain Capital took risk on companies that likely may have to -- had they not taken there -- certainly just a lobbyist anyway.

I'm not even know out of highways -- you you've had no evidence you have no proof.

They are totally private firm they have never respond within days what they are you concerned ultimate goal as multiple companies and try and I don't -- -- -- go back question about the John McCain fan.

-- I don't have any question about the general process of entrepreneurial conservatism.

There are a series of cases that don't look right and -- and I'm saying for a -- to run for president.

Use his record as the basis for running and then tell us we're not out -- even ask about his record.

-- to ask about the record of a presidential chances are so -- -- probably let me follow I don't -- -- -- automatic you blanket please don't look please don't ask for details.

I can't think of any other place in American life but but certainly what -- in the news media would back off and say oh my gosh.

We can't look at this mister speaker announces let -- become a very specific companies in a very specific case.

And and -- not this is not the centerpiece of my campaign but it's a legitimate important question -- by the way the point that the -- made yesterday.

In in Greenville and we'll learn Spartanburg was was very straight forward.

-- claims to be a conservative can he raise taxes so much -- rare -- Called called Mitt Romney tax on the dot com.

He's being a veteran -- time okay in fact was for gun control right and raise taxes and got big gap between -- reckon it.

Online -- Newt Gingrich thanks so much for joining us your perspective on this we appreciate it.

Watch Live

Backing off Bain?

Details

Clips

Editor's Picks

Are drones necessary to prosecute war on terror?

Will prosecutors drop the death penalty in Jodi Arias trial?

Growing concern over IRS' role in implementing ObamaCare

College students open up on campus hook-up culture

Bridge collapse sends cars into water

President Bush rides with wounded vets

Damage control? President orders DOJ review

Michael Bolton kicks off All-American Summer concert series

Sen. Rand Paul: Obama's speech is a 'misdirection campaign'

Franklin Graham: How the IRS targeted my religious charities

Obama’s foreign policy address

Obama shifts focus to counterterrorism policies

Transcript

Recommended