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2012 Republican Presidential Candidate Newt Gingrich on the need to expanding oil drilling in the U.S. along with expanding nuclear and green energies...
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Accounts so I want to talk about substantive.
Real projects like having an American energy plan the opposite of the Obama policy.
Which is apparently to buy Brazilian energy while barring Chinese money.
I think I think -- I think it's important to stick with.
I think you should not say that I do I really like that -- -- I'll tell you they're.
Well unfortunately trial.
It is true it is true with our questions or are you going are you saying that you would be a full on fossil fuel exploitation and production guy you actually happened every kind of up.
Hydrocarbon in this country to get this country moving again.
I think that.
We ought to be -- drilling here drilling now paying less.
Both oil and gas will be using coal we're the largest supply in the world.
We ought to use of nuclear where appropriate we ought to use solar and wind were appropriately -- use ethanol where appropriate but our goal should really clear.
We want to have the United States producing.
Frankly a surplus of energy and exporting.
And we're right at the verge of that if you look at what's happened with -- shale gas discoveries.
We're about to start sending more qualified -- natural gas to China as an export product we did do a lot more this we didn't have an anti American energy Obama administration.
There are a -- saying they're fit to the idea of exporting energy right now when we are transferring wealth from that in terms of hundreds of billions of dollars to the Middle East in particular.
I don't find too appetizing so I I'm I'm I'm not to throw -- -- -- but you know one out of tenors you know you're -- Well we're gonna quit from but but if we produce enough energy that we didn't -- that we didn't buy any energy of the Middle East -- and we actually produced a surplus of energy.
So we actually creating American jobs selling overseas that they're pretty -- addition to the economy.
And and further when we talk about energy.
The question comes up jobs and why we -- not having a debate in this country right now on jobs.
And if you think you've made some very important statements about reducing taxes and I and I fully support those -- those those resonate with me I -- say.
At least and sort of is reduced regulation but beyond that what does Newt Gingrich do as president -- states.
Did you jobs moving -- creating jobs start creating wealth.
And actually.
A move this country head and restore prosperity aside -- reduce regulation assigned from the energy program aside I'm cutting taxes.
And -- take one -- -- reduce regulation I would repeal.
The Dodd-Frank.
Bill which is a disaster and is gonna kill small banks and local banks and is gonna put enormous power treasury.
And is gonna hurt housing.
I would repeal sarbanes Oxley which has been a disaster for startups -- for venture capital for new companies.
I would replaced in renal protection agency.
But environmental solutions agency.
That is fundamentally different.
And cooperating -- business cooperating with local governments to get things solved rather than to -- regulate -- -- -- would modernize the Food and Drug Administration.
So the we could actually export.
Billions and billions of dollars of new products and new solutions creating millions of no American jobs in the health area by being the chief provider for the entire world.
Of new science to extend life and -- these are all things you -- do.
Our -- limits right now would would Newt Gingrich pull our troops out of Afghanistan would you -- withdraw.
From Iraq would you withdraw our troops from -- South Korea from Germany.
We're we're spending literally.
Hundreds of billions of dollars in the position people -- Our our troops in positions where they would be frankly indefensible if there were an assault.
My -- I would -- I would serves seriously rethink.
Our commitments in Europe was going back to World War II into the Cold War and you have to ask why and some of those places -- is useful -- troops there.
I think in the Middle East we have better have a fundamental strategic reassessment when you have the Iranian dictator.
Inviting the president of Afghanistan and the president of Pakistan.
To come to Tehran for a meeting and they arrive.
You have to ask yourself what kind of signal -- that.
About their transferring loyalty away from United States towards I ran at a time when Iranians just won the vice presidency of the UN general assembly.
While they're still working to build nuclear weapons and I think we really have to fundamentally -- a national debate.
About a new strategy in the Middle East.
Look let's I would hope that that debate would also include -- consideration as to what are the limits of American power the world's only superpower.
What are what are Newt Gingrich's ideas about the limits of America's power and the proper disposition of that power.
Internet well I do look like Ronald Reagan I believe in strategic.
Programs but very very limited use of military.
He managed to defeat the Soviet empire was very very rare use of American forces I had to do so by applying political.
Economic.
And other kinds of pressures that -- normally unraveled the Soviet empire.
I think we should be very cautious about risking our young men and women that we should be very cautious spreading ourselves so with them.
The we have no ability to recapitalize our defense structure.
They're then -- great talk and -- of our -- it'll be it'll be interesting to watch to see where the new Gingrich is a comeback candidate of 2012.
We wish -- well thanks for being here thank you -- area.
