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Bonfire was borning well before obama got there. it was policies and spechbding both from wall street and from the insiders in washington, d.c., that got us in this problem. and we need a candidate that cannot only draw that stark contrast between themselves, and barack obama, but also stand up and lead the tea party movement back. 2010 was about the tea party standing up and understanding that republicans, big spending republicans had caused as much of this problem as anything, and it was their power that brought together -- that brought washington, d.c., and the house to republican control, ...

Ran in 1994. i ran in the tough state of pennsylvania against an incumbent. governor romney lost by almost 20 points. why? because at the end of that campaign, he wouldn't stand up for conservative principles. he ran for ronald reagan, and he said he was going to by to the left when it comes to gay rights, abortion, a whole host of other issues. we want someone when the time gets tough, and it will in this election, we want someone who is going to stand up and fight for the conservative principles, not bail out and not run and not run to the left of ted kennedy. >> but you did say when you end...

When i saw ted kennedy running virtually unopposed in 1994, a man who i thought by virtue of the policies of the liberal welfare state had created a permanent underclass in america, i said someone's got to run against him. and i happened to have been wise enough to realize i didn't have a ghost of a chance to beat him. this guy from massachusetts -- republican from massachusetts was not going to beat ted kennedy, and i told my partners in my firm, i'll be back in six months, don't take my chair. and i went in and gave it a real battle and went off it. i was happy that he had to take a mortgage...

The substantive aspects of the debate, i think you were alluding to. "meet the press" held the second debate moderated by david gregory. this exchange began with rick santorum questioning why mitt romney left the governor of massachusetts job, the post of governor, after just one term. >> run again? that would be about me. i was trying to help get the state into the best shape i possibly could. left the world of politics. went back into business. now i have the opportunity, i believe, to use the experience i have -- you've got a surprised look on your face. wait -- it's still my time. >> are y...

Overseas spending. this is how nations come down. you extend them too far overseas, and that's how the soviets came down. we have to talk about real cuts and we have got gotten around to this yet. if we want to change things, this is what we have to talk about. character is important and motivation is important, and history is important but i consider that in the debate format to be less signature than what we really believe in. >> you read my mind, dr. paul, and we will get to some of the tough choices on policy. and is governor romney unelectable in your judgment, mr. perry? >> you have to a...