• With: Newt Gingrich

    This is a rush transcript from "Your World," March 26, 2012. This copy may not be in its final form and may be updated.

    (BEGIN VIDEO CLIP)

    RICK SANTORUM R - PRESIDENTIAL CANDIDATE: Would you guys quit distorting what I'm saying?

    QUESTION: Do you think he is the worst Republican to run on those issues?

    SANTORUM: To run against Barack Obama on the issue of health care, because he fashioned the blueprint. I have been saying it in every speech. Quit distorting my words. If I see it, it's bulls***.

    (END VIDEO CLIP)

    NEIL CAVUTO, HOST: All right, you have seen that probably once or twice, Rick roaring at the press sometimes by cursing at the press. Newt Gingrich roared, but at least to the best of my memory, I don't think he ever cursed at anyone. Is that where the speaker draws the line between speaking and screaming, between making a point and proving pointless?

    Well, who better to ask than the former speaker himself?

    Speaker, very good to have you.

    NEWT GINGRICH R - PRESIDENTIAL CANDIDATE: Good to be with you.

    CAVUTO: A lot of big issues to get into, but I do want to address some of these theatrics first, if you will indulge me. Do you think this kind of behavior is hurting your opponent?

    GINGRICH: I have no idea.

    Look, I think people get tired. People make -- in my career, I have made a number of mistakes, things I wish I had not said or done. I suspect whatever damage is done to him is a lot less than the damage Barack Obama just did by being caught on microphone promising to sell out our missile defense right after the election.

    So, I would say, as mistakes go, Obama's mistake is a heck of a lot bigger than Santorum's.

    CAVUTO: All right, I want to focus on that, because the White House I'm sure will quibble with your characterization that he's trying to sell out our missile defense.

    This is from a conversation picked up off mic with the president and the leader of Russia. This is earlier.

    (BEGIN VIDEO CLIP)

    BARACK OBAMA, PRESIDENT OF THE UNITED STATES: This is my last election. And after my election, I have more flexibility.

    DMITRY MEDVEDEV, RUSSIAN PRESIDENT: I understand you. I transmit this information to Vladimir, and I stand with you.

    (END VIDEO CLIP)

    CAVUTO: Do you think he was pre-stating he is going to sell out our edge with them.

    GINGRICH: OK.

    The Russians want him to dramatically back down on missile defense. The president is essentially saying , give me some space until the election. I have got a lot more flexibility after the election.

    What do you think he is saying? And the question it raises is, how many countries, whether it is Iran or somewhere else, has he had a similar conversation with? Let me pretend I'm tough long enough to get re-elected. Then I will take care of you.

    I think it is a very chilling comment, because where Rick Santorum might have lost his temper for a second, this is the President of the United States, supposed to be defending us, telling the Russians that he is willing to give something up that he can't publicly admit to now.

    So, I think the question to the president ought to be, what is it you plan to give the Russians after the election? Tell us now, so the American people can decide whether or not that is a future they want to -- a gamble they want to take with their safety.

    CAVUTO: But, Speaker, he could be just as easily be saying, in my country, it's an election year. Nothing is going to get done. I can't negotiate anything with you, right?

    GINGRICH: Well, Neil, you can give Barack Obama every possible benefit of the doubt if you need to.

    From what we have seen of his policies, they are basically appeasement, weakness, and apology. So it strikes me it's much more likely he was saying to his good old friend there, wink, wink, let me get done with the American people and I will take care of you.

    CAVUTO: Do you think that the way the race is going right now, Speaker, that -- back to the Republican battle for the nomination -- that there might be something to this idea that it is going to be at least an international unknown until right up to the convention, and that that does put us in sort of disarray going into Tampa?

    GINGRICH: Well, I don't yet.

    If Mitt Romney can get a majority, then he gets a majority. But if he can't -- and out of the first 10 million votes cast, six million were not for Romney, only four million were for Romney. So if he ends up short, we will probably have a 60-day national dialogue between June 26 and the convention opening in August.

    I don't know that that is bad for the country. Whoever ends up as the nominee is going to have tremendous attention from the acceptance speech on. The case against Obama is pretty clear cut, and it will be very clear cut by then.

    And I have talked about $2.50-a-gallon gasoline, for example, in contrast to where Obama is taking us. And you can talk about balancing the budget as compared to the size of his deficits. You can talk about the worst recovery since the Great Depression. I mean a lot of it -- it is pretty obvious what the case against Obama is, and I think you can make it in 60 days between the convention and the general election.

    CAVUTO: But, in the end, to echo a point you made last week, Speaker, whoever the nominee is, Mitt Romney, Rick Santorum, I guess even Ron Paul, you would support him?

    GINGRICH: Absolutely.

    Look, we are in a situation where Barack Obama is so bad for the future of this country -- and I think in some ways so dangerous -- that I would absolutely be for the other candidate. I think they would feel the same way. We each have a different view of who ought to be the best candidate.

    And I think I could probably debate Obama better than my colleagues. But all of us are united I think in a belief that we have to defeat Barack Obama for the future of this country.

    CAVUTO: So you took Rick Santorum at his word last week, especially when he was with me, where he said that was not what I meant to say, that I would opt for Barack Obama over Mitt Romney?