Newt's Second Look

" Even the house Newt Gingrich is back mister speaker of the president's announcing he's going to treat the job of eight pains are to my -- payment just some executives of that company is taking a bailout. Senator Byrd has said that he does like this is our business because it seems to avoid congressional congressional oversight what's your thought."

" I think this -- is just only a worse now we're going to have a pay czar. Now if I had the senator Byrd doesn't like the pays -- the senator -- like the congress to be I guess the pay congress. Presently Barney Frank -- on hold hearings with the pay -- to decide whether or not the -- are doing the right things about paying -- what he's doing too much or too little. I mean this once you get the federal government in the middle of a free enterprise system. Legitimately the taxpayers have to say through their representatives what are they doing. The media and what are they doing is a total mess your president I have all these companies spending half their time testifying in front of congress. Nobody's going to be running the companies -- going to be competing with German and Chinese and Japanese companies that actually have to pay full time just a competing. And I don't watch American executives who spend half their time getting ready to testify to congress or. Getting ready to meet the praise our who's going to have to keep careful records because she's going to have to go testify to congress. You can't imagine a year from now what a mess this is going to be."

" And I surprise and then all of it clear it was senator Byrd wrote a letter in February I didn't like the concept -- has yet spoken as far as I know about this particular is our. But the whole point assert transparency it seems to me and maybe at the stop but why not if if we want to monitor what these what these companies are paying their executives. Who are getting text him I just put on the Internet instead of I have pays that might be simpler. --"

" But you could do that. I was series of meetings of business leaders in Connecticut yesterday. All of -- said to me they're busy hiring every first class executive they can. Away from the companies that are taking government money because everybody is a -- exactly wants to get out. Because they see what a -- this is going to be. So what you gonna have as a constant -- of energy challenge on to open doors of brain drain away from these companies and now you could publish all there of their income that's fine with me. Once you go down the road of these being public institutions. They're public institutions that's why -- we ought to do is get them back to the private sector get the government out of them. Quit bailing out and socializing and creating national systems because I don't see how this is going to war."

" What about the add new unemployment number -- nine point 4% unemployment in the month of may and in February it was eight point one so the numbers are going up but that doesn't take out of the people have given up -- looking for jobs. Is it is it -- should be looking for markers about whether the stimulus package it was voted in February it works in. What you should if it's gonna work so those numbers stack turning around."

" Why -- I mean in all fairness I think unemployment numbers are lagging indicator. The economy starts to turn why you still have unemployment going up I think the greater danger for the country. Is that the stimulus package might for one or two quarters improve things temporarily but there's nothing in this stimulus package. Which is gonna create long term growth is no evidence anywhere that they trickle down bureaucracy. Either achieves real well there achieves real prosperity. Because once the money's gone -- hasn't created anything new that hasn't created any momentum. And I think greater danger for America is that over the next two or three years we're gonna find themselves caught. And it kind of stagflation like tonight late 1970s. Where every time we start to improve interest rates go up the price of gasoline goes up the economy tanks again. We start to improve interest rates go up gasoline goes up we tank again I think that's what we have to worry about."

" I haven't present Obama has made some big changes in the government and it -- and right now and -- and we haven't felt. -- tremendous amount of the effect we just know that there's this someday gonna have weather is good or bad. And if as if unemployment numbers are several light indicator. -- how far down the row can't -- can lead what are we going to find out whether his policies are really good or really bad we -- talking about the now but what really you know it's really feel them."

" I think sometime in the spring of 2010 is a fair test. You know you're apparently gonna have both Chrysler and General Motors closed for two once this summer. That'll increase unemployment both for the workers in the plants and for the parts companies that provide them parts demand to manufacture cars. You have I think the number I saw recently I can't quite believe the number is this -- you may have as much as 2800 auto dealers closing down. You -- never going to do it has fifty employees you know that's another very large Tron 240000. Unemployed. Not have this other there are a number of things to be digested into the system yet that we don't even -- begun to to work. And I think it's good yeah I've been -- the President Obama. I think you can't really judge I don't think his program will work just intellectually but you can't judge what I was working before sometime in 2010. What do you think about this trip to Germany and onto -- day. Well I'm glad I'm -- what -- said -- did and in men and Normandy I can tell you though having plus an -- out shorts filming a movie about Pope John Paul the second. Last week I know they wanted to -- involved. It is. Horrifying. To be in the death camps and there was a report that came out yesterday. That the newest inventory indicates there may have been as many as 15000. Death camps in the Nazi system and any of our viewers who've never been there you can't imagine. How horrifying these places are and the level of evil. That was captured in the third right. That that I think really it just staggering and I'm sure that the president from today. To be a very emotional day and a day of a very deep regret at the evil that some humans can do."