You're watching...
Fmr. Sen. Phil Gramm on Romney’s Campaign
Details
-
Description
Former Sen. Phil Gramm, (R-Texas), on why Mitt Romney has the best chance of beating Obama in the general election.
- Duration 6:22
- Date Feb 15, 2012
You're watching...
Former Sen. Phil Gramm, (R-Texas), on why Mitt Romney has the best chance of beating Obama in the general election.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
And this is now Mitt Romney in a heap of trouble now if he.
Were to lose Michigan is home state -- -- Well obviously you don't lose any Briggs.
I think it would be this.
I guess follow will give advice that need to be carefully -- we're good at this -- -- succeed -- But in a cinch you'll learn more about -- many cases you do best actually I think Americans.
War here Mitt Romney.
Basic police -- you know how warm toward -- succeeded.
If that offends you you're offended not just would be -- offended by America but he doesn't sound like I want know it will mean and I think they wanna hear and so it.
I outfits in his make -- to say it like that.
Well you know part of what is appealing about Romney he is he's he's reasoned.
He's a kind of got together -- fact and makes a dispassionate.
Decision.
And -- is one of the reasons that in the circumstances were -- and I think he would be a good president noh drama prom date exactly.
But let me -- -- -- all the money senator he has on -- You know -- -- feeling well in 1996 nearing what a -- 2830 million dollars in the bank the mother's -- of parts of -- -- you've been prohibited.
Sports to be reckoned so it it didn't as you don't yourself didn't.
Didn't end up being of the winning factor for well I think -- -- Romney faces the same thing he's -- odds on money guy.
But it might not know other -- situations -- I was never will be elected -- -- -- it was a crisis.
In the senate.
When things -- when we were in trouble and there would deep issues that -- dangerous people talk to me is a leader.
You know there was a former UN more money -- Bob doll -- but.
The time was not -- We get elected Republican congress -- fault problem was solved but my guess I always -- genocide by now but is this not just about.
But just -- -- money.
What -- on the east the -- that is appealing about Romney is.
That he's a guy who gets the facts and makes rational decision and if -- doesn't work you'll -- and -- which I don't seem like.
Well that it they don't want in the campaign -- -- a little passion.
And so -- -- passion you're more conservative and they don't have a nominee -- a moderate Bob -- We all know what happened there won't -- all -- that people didn't make the spectacle that.
I'm not a -- think about it says that they -- you because you warned about the dangers not to the -- to absorb disparaging about -- -- -- -- person about.
But that -- you go to moderate -- YouTube might rue the day.
They did and they did all right so.
That is a rapid that Rick Santorum raises.
Against Mitt Romney is that a fair -- Well look let me today what drives me in the election I believe that we or in trouble.
And now believe would -- one down the long road that it makes so rating -- and that we need to change.
And as -- look at the candidates the one that I believe has the best chance of winning in November.
His -- wrong but polls seem to indicate.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Where he not only that.
But when you work I don't need to.
I don't need do.
I don't look I I would be consumed about wrong Paul.
His views are just.
A low low low with the age and in some areas related to monetary policy from me but I was shut down they had -- and all who also look.
And the first thing I'll learn when I got to Washington was that powers not all it's cracked up to -- it's a lot of responsibility.
And being the world power or he is a burden.
But if we don't do it who is going to do it -- we ready to -- it over to I don't we're ready or willing to but China seems to be more than eager to.
Well listen I think we better.
Stay with our -- -- the world leader.
But in any case of the people who would likely to win out would be howls of what -- any one of them and the reason it is.
I believe we need change senator.
Another financial meltdown could we -- we -- four years ago.
Yeah I think it would be different this time we had a meltdown before you were because we had a concerted government policy.
To force banks.
And Freddie and Fannie to make loans to people who either couldn't or wouldn't play aback when they -- and again if they gonna do do do.
Well I think we need to decide what we're -- do about him and I think based on our policy now is we don't we won't well.
We need to.
Change the community reinvestment act so we don't force banks to make may have loans so we put them in that position but it was a -- this was a recession created in Washington what do you think -- vilification of banks of -- people you know it's been pretty well look s.'s oldest politics.
You always try to find somebody to blame for problems that you've created.
But did what -- word about now where is the difference between Greece and Portugal in Portugal as plain as Spain and Italy and Italy and Britain in Britain in the United States.
In terms of marsh sovereign.
Indebtedness problem is small.
And if we don't store doing something about it.
We're going to regret it Allison is as we're just about out of time I don't know -- I don't know -- physically -- felt there you fall all.
But -- fall enough along and we -- -- examples.
Of states in the country.
Of the this situation in Euro.
How can anybody believe that we.
Can go own spending money at the way we're spending it we have got to do something got to do some about entitlements.
You're right I -- -- -- another.