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Romney's '47 Percent' controversy: His 'golden' opportunity?

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    Is the secretly-recorded video of his '47 percent' comments a fatal blow to his campaign - or his chance to cement his conservative credentials?

  • Duration 6:32
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Hits keep coming from both sides so who is winning this battle all the tapes former senior advisor present ready and Pat Buchanan joins -- -- to -- pat.

Good to see your grammar price so the -- does divide the two -- -- -- -- IV's good synopsis of.

The two different positions this is good to have this division this argument Greta because this is what this campaign should be about.

Frankly it is what this generation is all about.

You have in the United States of America something approaching half of the American people now who pay no income taxes.

And -- the American people.

Who get strictly get benefits from government -- governor Romney was saying is it's hard to appeal to folks on the basis of tax cuts when they pay no taxes.

And then you say we got to pare back to welfare state but they do get all these benefits but this is a great issue of our time we see a corner going in Europe.

You see it in California.

You see -- new cities that are going under.

Can you have a system a society.

Where there are far more tax consumers then there are tax payers.

John C Calhoun said that is the beginning of the end of a democratic republic.

And we are and the fail safe zone right now and almost crossing that line this is a great debate to have in the end of this campaign.

What bugs me now and there's -- there is some -- over what the 47% means mean how many children in Jackson don't pay taxes and happening in the -- -- but I'm curious is.

How how did the two campaigns get these points.

Out to the American people because in this hassle of the discussion some -- -- salon where people talk about this in about the different issue -- -- how do you make these real for.

The people I think the way they do it is you've got to governor Romney should do an opera disagree government welcomes 47%.

He's got good folks down there in Florida let's say a retired couple -- as a sergeant in the army.

He and his wife get Social Security maybe veterans' benefits not paying taxes those folks -- -- -- -- Governor Romney should write off any voters but -- on the other folks clearly that are getting all these benefits.

It really really just live off the benefits of -- -- it's gonna have a tough time to them.

The -- him I would use examples.

Usual state of California.

What is happening and -- north you've got a liberal mayor.

And I'm very liberal union there are -- -- with each other inside the party of the public sector.

Look if -- -- look at French look at Spain look at Greece look at Italy the public sectors have gotten so huge.

That these places are collapsing and people are to leave it.

That is what is happening -- 37%.

Of our entire GDP now.

Is consumed by government 2425%.

Of the federal level 12% to state municipal level it's about 55% and French.

This is a great -- on the far turn or we go one down the road.

Barack Obama in my judgment is a Fabian socialist you saw the the -- distribution.

And by that I mean he's not Bernie Sanders -- -- out in the open and honest about it.

But he's a Fabian socialists who wants to move through gradualism and reform step by step -- -- majority of Americans are dependent upon government.

-- -- happens the party of government wins every election.

Yeah I'm -- -- can we have a following this snippet of an MRI crowds want the whole thing second -- -- satisfied I can put it in contrast.

But a bit of what's interesting is that what he said was in part an analyst doing presidents.

I think what we're going to have to do is somehow resuscitate the notion the government action can be effective at all.

In the last four years has he was tested the notion that the government.

Actually can be a factor.

The -- wonderful food stamps are broken dishes at 800000 people here in DC -- and authorities during the depression grew up in the fifties.

Nobody in DC of those 800000 was when food stamps -- now 600001.

In every five people our own food stamp what happened.

This is just -- the whole idea when you can read FDR -- and no relief being narcotic subtle destroyer of the human spirit.

We got to get off this welfare is what he said.

-- -- -- -- -- -- -- Barack Obama is a drug dealer of welfare he wants permanent dependency in my judgment.

Of all these folks on the federal somehow getting benefits benefits benefits.

And pay no taxes no I think you've got him.

-- governor Romney is the complete opposite.

We believe in temporary help for anybody gets in trouble and shovel floor decency under -- -- -- unemployment should be temporary.

Unemployment benefits should be food -- should be temporary -- We -- -- the 47 million people.

-- and they have to be fed by the government for each slot and a much he's.

Move people off food stamps and move them off unemployment if the economy is wrapped up and -- instead they had some place to go.

Did -- but look what we did in the -- Republicans and Bill Clinton did they can look at it two years on welfare.

And then off if you got to get workfare getting got to go get a job you mean you cannot look the society cannot.

-- Carey forever.

Huge vast and growing class of folks.

Who are permanently.

Dependent upon the government of the United States and state and local government.

Well you're shrinking the number of people that are contributing and paying taxes I'm in the tax consumers -- the tax payers.

It is all over for the GOP and in all over I think -- this republic.

I suspected pres Obama were here he would say the reason he talks about the redistribution because he doesn't want the nicest to come and essentially a gated community we have been the the haves and the have nots is so extreme that they even has have to live behind bars to protect them.

Ronald Reagan said something different he -- had.

A floor of decency under every family but no roof over any man's head this idea -- redistribution it's not it's got to be permanent.

Because the most successful hardest workers most energetic most ambitious they're gonna rise up and make more and more and more.

He's gonna come in and scoop but also for your fraternity.

Do you give to folks who aren't -- cannot.

Much better this socialism that's not the country we grew up -- what ever happened our middle class.

Well middle class to -- and one of the things is that the mammoth size.

Independents you've got -- it all up I think 37% of GDP going forgot -- -- that's like world war true.

I grew up you couldn't afford you usually were down at 20/20 5%.

It's 30% of the venture 55 they're brazen attacks -- -- -- Forget the rich guys are headed for Belgium.

-- always nice to see -- there and how to delightful thing.