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Grasso: Goal Not to Win Nomination, But Election
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Former NYSE CEO Dick Grasso on Mitt Romney’s win in Florida and the run-up to the 2012 election.
- Duration 6:12
- Date Feb 1, 2012
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Former NYSE CEO Dick Grasso on Mitt Romney’s win in Florida and the run-up to the 2012 election.
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All right what about former New York Stock Exchange chairman and CEO Dick Grasso he's on the -- phone from Key Largo Florida I guess on.
You know what's interesting that the -- when I look through some of these surveys is it is.
A lot of Floridians.
Most as it turns out who are ultimately moved to Mitt Romney.
Move not so much because they don't pass it was strong about it but because they felt strong about its chances.
Was that a big factor.
I think that's that is the determining factor in -- always great to deal with you real surprised the people here -- I'm very concerned about solutions in the number one issue on their minds is the economy.
Jobs and turning a real estate market.
Down here in Florida -- around what they're looking for is not you know a series of negative.
Campaign attacks.
That you that you leading Republicans thought what the what the -- front runners the governor and the speaker will do I'll tell you your viewers -- I'm a I'm a supporter of Mitt Romney is and I'm an admirer.
Of this speaker -- I think it is now had a point -- art.
Campaign.
That the two of them have got to recognize.
That didn't -- that goal is not to win the nomination.
The goal is to win the election and to do that the American people want to hear what they're going to do to change the direction of this country.
And it's been -- over the last three years which is an express track.
To Armageddon.
-- depressed -- were speaking in the former New York Stock Exchange chairman you're looking at the Romney headquarters right now in Tampa Florida.
The -- expected to speak very very shortly to.
The troops there and we'll take you there when he does.
On you know.
Did -- -- interest -- all of this comes on the day we wrapped up trading want to generate at a point terms was the best we've ever seen.
In percentage terms the best that they get fifteen years.
On where on the verge of of a FaceBook offering that will value.
This company at something like a hundred billion dollars.
Is that's not the wind at the president's back I don't know what it is.
Well let let separate situations and FaceBook is an on the present.
Social media site that has perhaps as many as 800 million -- are you weren't well.
I didn't know -- miners -- -- -- operating I don't feel aka.
And a and a voice for silent movies -- -- No I I think what you're you have to do is separate you know -- the market has been in the second half the second half of the last year just -- A terrible and -- had terrible.
Dislocation you know people are so concerned about whether Europe will become a contagion.
That -- the United States just as we're beginning to recover I think that FaceBook whether it's valued at 785 day in a hundred billion.
-- fifty billion.
That's still five to ten times where we would have said it would been valued just a few short years ago.
Nevertheless you're a good business and -- I only gonna turn that the stock exchange from the debacles at -- not the least of which but later on was on eleven leaving that out of it.
I think.
Impressions are everything.
And at the impression Dick is that -- off -- -- I'm not saying for sure whether we are I don't even know but it did his steady flow numbers is improving.
Then won't won't the Democrats argue that's our -- and improving embedded in the numbers that we're left with Republicans when it was your -- -- -- Well just remember nail dead cast do balance if you throw them off the top of the Empire State Building key.
Two to 3% GDP growth is not where America needs stability America needs to be growing at 5%.
We need to be create.
INS -- that and I'm just being pragmatic here.
But if you're -- the administration and you're saying we were dealing with the worst recession in the history humankind it wasn't as bad since a hundred years war you know with the -- Mom then.
This is led by comparison.
Well you know it is the old issue you know you're beating your head against -- wall for two consecutive days.
When you stop it still pretty good that you're no longer -- guys I think it is really important thing to remember here Neal.
Is this economy when you look at the level of debt.
And deficit that we're incurring.
Cannot continue we are mortgaging.
The futures of our grandkids and their grandkids.
We've got to turn it around we've got to pare debt -- -- parent titled let's but most importantly -- We've got to have a social safety net.
That make certain that those 47% of Americans who pay no taxes today.
In three years will be paying at a much higher rate because they are enjoying the prosperity of an economic turnaround by the way are you running for mayor of New York.
That is it definite maybe.
You are I think -- But that well you know I can't I told you many times my friends the next mayor -- city of New York should be.
There are honorable police commissioner Ray Kelly he's a fabulous guy and he would do -- tremendous job for the people of the city.
Well I just senator you know you know this but -- and I does talk he's not interest that he might not want it.
Well you know a lot you know you that he never say never until you hear from the man themselves.
And I've not heard that and there are a lot of people myself to -- an alliance -- say Ray Kelly must be our next mayor.
Okay admitted he says now you -- you know and presuming cristina's denominator of the Democratic Party right.
And one or two are unsuccessful.
Opponents stays on third party line is.
You know the good news about me running and winning -- All of those Rudy Giuliani autographed.
Towels up at the mansion can be recycled.
Have to be disk swap Italians against.
All right thank you but I goods and it is it's an American poet are ready to do it if Democrats.