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Newt Schools Debate Moderators

BEGIN TRANSCRIPT

RUSH: I want to get a couple sound bites in, otherwise Cookie's gonna resign.  I'm gonna pick a couple of Newt just letting the media have it.  I love these.  This is during the debate.  Jim Cramer, who escaped from the zoo to moderate the debate said, "Speaker Gingrich, do you think that companies can both be profitable and be able to create jobs?  You think that's a dichotomy?" This why I'm asking, "How did he get out of the zoo?"  Do you think a company could be profitable and create jobs?  Even if this is a trick question that's pathetic.  Ever heard of Apple?  Can a company be profitable and create jobs?  Here's Newt.

GINGRICH:  What is amazing to me is the inability of much of our academic world, much of our news media, and most of the people on Occupy Wall Street to have a clue about history.  In this town Henry Ford started as an Edison Electric supervisor who went home at night and built his first car in the garage.  Now, was he in the 99% or the 1%?  Bill Gates drops out of college to found Microsoft.  Is he in the 1% or the 99%?  Historically this is the richest country in the history of the world because corporations succeed in creating both profits and jobs, and it's sad that the news media doesn't report accurately how the economy works.

RUSH:  We cut the applause, by the way, for economy of time here, but they went nuts over that.  But to have to explain that, I know it might be helpful because how many dunderheads don't think it's possible to be profitable and create jobs, but there's the question, and he answered it.  So next it was Maria Bartiromo, CNBC, who was not happy that Newt ripped into media.  They had this little tete-a-tete.

BARTIROMO:  What is the media reporting inaccurately about the economy?

GINGRICH:  What? (laughter)

BARTIROMO:  What is the media reporting inaccurately about the economy?

GINGRICH:  I love humor disguised as a question.  That's terrific.  I have yet to hear a single reporter ask a single Occupy Wall Street person a single rational question about the economy that would lead them to say, for example, who's gonna pay for the park you're occupying if there are no businesses making a profit? (applause/cheers)

RUSH:  Right on, right on, right on.  And Maria Bartiromo, she's not necessarily a commie babe, I mean she understands how the economy works.  What's the media reporting inaccurately about the economy?  Try everything!  And you wouldn't be far wrong.

END TRANSCRIPT

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