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And then the litigation reform you made. my niece just became a doctor. she's practicing in houston. new jersey lost $70 billion in wealth in the last decade. why? >> you know why. overtax, overlitigate, overregulate. california's a beautiful state. what's not to love about the weather and the wine? they got it going in california. but there's a fact that there's a point in time where you say, i can't take this anymore. i'm being taken advantage of, not appreciated. i'm done. >> are you running for president? >> i gave up on running. i'm riding a bike now.

Your campaign in iowa, in particular. >> good morning to you, andrea. as to ethanol, when pat ran back in 1858 -- >> oh, come on! >> god! pat! >> ethanol renewable future has a bright future in america, but we can't subsidize it with cash anymore, and that's why i said what i said in iowa. as to governor palin or congresswoman bachmann, i don't know if they're going to get in the race or not, but each of us have a different record. what i bring is a blue-collar background that lets me connect with people. but more importantly, i ran a state for eight years, i reduced spending, cut taxes, did s...

Have i direct analogy. he follows the same destructive political model that destroyed the city of detroit. i follow the model that rick perry and others have used to create more jobs in texas. you know, texas two out of the last four years created more jobs than the other 49 states combined. i'm suggesting we know how to create jobs. ronald reagan did it. i was part of that. we know how to create jobs. we did it when i was speaker. and the way you create jobs is you have lower taxes, you have less regulation, you have litigation reform. when the new york stock exchange puts its headquarters at...

Have i direct analogy. he follows the same destructive political model that destroyed the city of detroit. i follow the model that rick perry and others have used to create more jobs in texas. you know, texas two out of the last four years created more jobs than the other 49 states combined. i'm suggesting we know how to create jobs. ronald reagan did it. i was part of that. we know how to create jobs. we did it when i was speaker. and the way you create jobs is you have lower taxes, you have less regulation, you have litigation reform. when the new york stock exchange puts its headquarters at...

To racism. this is the president of the united states. president of the united states has to be held accountable. now, the idea that -- and what i said is factually true. 47 million americans are on food stamps, one out of every six americans is on food stamps. and to hide behind the charge of racism? i have never said anything about president obama which is racist. >> well, what did you mean? >> it's very simple. he has policies, and i used a very direct analogy. he follows the same destructive political model that destroyed the city of detroit. i follow the model that rick perry and others h...