So, what's going on today? Anything? At all?
So, look, since the great Governor has forced us to look upon other candidates for true leadership, here. Just watch it.
Anything going on?
CHARLIE ROSE: Good evening folks! As you all know we have an election coming up. An election to elect the highest office of the land. The most esteemed position in America. Out of the billions of American's who walk amongst us, I have for you tonight EIGHT cream of the crop right here with me. The brightest brains. The bravest souls. One of these may be the next Leader of the Free World.
Our very own singing Godfather of the Pizza Pie Mr. 9-9-9 himself Herman Cain.
We have all dressed all White, with long freshly manicured fingernails to match, standing out as the beacon Miracle of Lights, Holy Mother of 1000 starving kids - many of whom are our nation's rejects - Congresswoman Bachmann
Mr. It's all gonna go Boom! Representative Ron Paul
Always ready to tell us about all the Gloom, Doom and Decay facing America, Former House Speaker Newt Gingrich
Can't get anymore American than a Texas Cowboy, Mr. Slick himself, Governor Rick Perry
Psst! I'm still here. Hello? Over here, Senator Rick Santorum
I'd Rather Be Anywhere But Here...Former Governor Jon Huntsman
And last, but not in the least, our Rock Hudson wanna be, Former Governor Mitt Romney.
I begin this evening with one of those chosen, the Godfather of Pizza, Mr. Herman Cain.
Please don't sing.
Mr. Cain! What would YOU do to end the paralysis of Washington?
HERMAN CAIN: Bold Solutions 9-9-9. It's all about ending the National Debt!
MR. ROSE: Governor Perry, are you prepared to go to Washington as the Ronald Reagan, to compromise on spending cuts and taxes?
GOVERNOR RICK PERRY (R-TX): See, being the Governor of the 2nd Largest State, I know compromise. But it's all about Energy Independence!
MR. ROSE: Yes, well the question was in regard to spending cuts and taxes but.. now to Governor Romney. Back to subject of paralysis in Washington. What SPECIFICALLY would you do to address these problems? Specific, please.. subject: Paralysis of Washington (not energy)
MITT ROMNEY: Well, I'd be a Leader. It's all about being a Leader. That is where Obama fails.
MR. ROSE: Ok, and you would compromise? The paralysis of Washington, ring a bell?
MR. ROMNEY: Sure.
MR. ROSE: -- AND be prepared to compromise, right?
MR. ROMNEY: Sure. I still gotta stand by my principles. Won't be compromising on those. America is desperate for a Leader...and stop spending.
MR. ROSE: Yes, well, so ....Let me introduce my friend Karen. Karen?
KAREN TUMULTY: Hello, hello.. Congresswoman Bachmann, Main Street vrs Wall Street. One suffers and one thrives. Do you think those Wall Street Executives should have gone to jail over what they did to our economy?
REPRESENTATIVE MICHELE BACHMANN (R-MN): I think, you can trace it back to our federal government. You see....
MS. TUMULTY: But the federal government had also deregulated them.
REP. BACHMANN: It was those horrible, sinful, damaging loans. I blame Barney Frank, Chris Dodd and Freddie and Fanny.
MS. TUMULTY: So Speaker Gingrich, it sounds like Congresswoman Bachmann doesn't believe Wall Street it to blame. Do you believe those protesting Wall Street have no grievance?
MR. GINGRICH: Uh, No. The protestors are either left wing agitators or Tea Party People who care. They pick up their trash. The agitators don't.
MR. ROSE: Clearly, you're not saying they should go to jail.
MR. GINGRICH: Well, just go back and look.
MS. TUMULTY: So if you were in the White --
MR. GINGRICH: -- look at Everybody! Go after Bernanke
(Whoo Hoo!! Applause from the Audience)
MS. TUMULTY: But --
MR. GINGRICH: Oh, I'm not finished yet! Go after Bernanke!! He has a secret power.
MS. TUMULTY: So, Congressman Paul, where do you come down this?
REPRESENTATIVE RON PAUL (R-TX): There are folks right here who walk amongst us at this table who didn't want to audit the Fed. If you don't know the problem it will go BOOM! The housing bubble - BOOM!
MR. ROSE: Julianna.
JULIANNA GOLDMAN: Thank you, Charlie. What would you do to create jobs would you do to create jobs, Senator Santorum?
RICK SANTORUM: Uh, you have to be competitive. Repeal every regulation Obama put in place. You do realize my state, NOT Texas, is the gas capital of the world. Not to brag or anything. Yup.
MR. ROSE: All right.
MS. GOLDMAN: What would you do right now to create jobs?
MR. SANTORUM: The cool thing about MY plan, as apposed to Herman's..what is it? 1-2-3-a-b-c? Oh yea, 9-9-9, So MY plan would actually pass tomorrow.
MS. GOLDMAN: Thank you. Governor Huntsman, since the question is about creating JOBS. What do you think the innovative jobs or tomorrow are?
JON HUNTSMAN: First let me tell you why Rick is wrong. Pennsylvania is NOT the gas capital of the country. Washington, D.C. is.. I made a silly!
We need innovation and innovated jobs to beat the Chinese and those Indians.
MR. ROSE: All right.
MR. ROSE: Karen.
MS. TUMULTY: Congressman Gingrich -- Speaker Gingrich, Medicare is going broke. Is the research being done at Dartmouth wasteful?
MR. GINGRICH: I was just emailing Andy von Eschenbeck, head of the Cancer Institute. Regarding these Prostrates, the U.S. Government is going to KILL people. Silly Governor Palin was right about those Death Panels.
MS. TUMULTY: Well, Congresswoman Bachmann, of course no one wants the government to come between a doctor and a patient, but do you think that Americans are getting the most for their money in Medicare spending?
REP. BACHMANN: Why, yes. Medicare. The very old and fragile beautiful American people. So just this last summer I asked Obama what his plan was to save old ladies, Medicare. He ignored me until the third time. He looked down at me with those mean, hateful eyes and seethed the word Obamacare. I think it should be Obama Don't Care!
MR. ROSE: We'll come back to Medicare..I want to talk about advisers and appointees. Governor Huntsman, who's advice to you seek on economic issues?
MR. HUNTSMAN: Those who build and manufacture like my dad and brother. So being Governor of the great state of Utah, I created the Flat Tax.
MR. ROSE: The flat tax you mentioned.. do you look with favor upon Mr. Cain's 9-9-9 plan?
MR. HUNTSMAN: Oh it's catchy. I thought he was talking about the price of pizza. No really, I did.
MR. ROSE : Price of a pizza? Excuse me?
MR. HUNTSMAN: So anyway, we need something doable. MY plan is doable.
MR. ROSE: Julianna.
MS. GOLDMAN: Thank you. We will be coming back to 9-9-9, but first --
MR. CAIN: Uh hello? Price of a Pizza??
MS. GOLDMAN: Well, but -- but --
MR. CAIN: He mentioned me -- should I sing?
MS. TUMULTY: Mr. Cain, who do you turn to for political advice and for economic advice?
MR. CAIN: Rich Lowry out of Cleveland. He is an economist.
MS. TUMULTY: Who?
MR. CAIN: Rich Lowry out of Cleveland, Texas
MR. ROSE: Julianna.
MS. GOLDMAN: Thank you. Governor Romney, it's 2013 and the European debt crisis has worsened, . What would you do differently than what President Bush, Henry Paulson and Ben Bernanke did in 2008?
MR. ROMNEY: Uh, that's hypothetical..
GOLDMAN: But it's not a hypothetical because more than half the --
MR. ROMNEY: It is.
MS. GOLDMAN: It's not -- Governor, it's not a --
MR. ROMNEY: Explain why that is not hypothetical.
MS. GOLDMAN: Because more than half the country believes that a financial meltdown is likely in the next several years, and the U.S. banks have at least $700 billion in exposure to Europe. So it's a very real threat, and voters want to know what you would do differently.
MR. ROMNEY: it's still hypothetical.
MS. GOLDMAN: But -- so would you -- so would you or would you not be open to another Wall Street bailout?
MR. ROMNEY: Nope.
GOLDMAN: But you said in 2008 that it prevented the collapse of the financial --
MR. ROMNEY: There is no question President Bush made the right decision.
MR. ROSE: So you agree -- you agree with Speaker Gingrich about Ben Bernanke, the chairman of the Fed?
MR. ROMNEY: I wouldn't keep Ben Bernanke in office. I'd choose someone of my -- of my own -- .
MR. ROSE: And who might that be? Specifics would be nice.
MR. ROMNEY: Well, I don't know. I don't even know if I'm a nominee yet? HAW HAW
MR. ROSE: It would be nice to have a clue what kind of people you would chose. This is a very important role. This debate, actually, is very important. Enough with all the jokes.
MR. ROMNEY: I like Greg Mankiw at Harvard.
MR. ROSE: Right.
MR. ROMNEY: We don't need all these hypotheticals.. I want someone smart. People who protect American jobs, like me, you know.
MR. ROSE: And as far as you're concerned, there's no institution -- no financial institution that's too big to fail.
MR. ROMNEY: Nope.. Don't bail out anyone. Michele's lookin' hawt tonight.
MS. GOLDMAN: Mr. Cain, back in 2008, you wrote that the Wall Street bailout was a win-win for the taxpayer. You just heard Governor Romney. Do you agree?
MR. CAIN: Conceptually I made that statement based on concept. I didn't agree with it.
MR. ROSE: Housing is considered one of the real problems in terms of our economy, and getting housing starts up --
MR. GINGRICH: Can I say one thing before we go to housing?
MR. ROSE: Yes.
MR. GINGRICH: Because I think this is really important. Back to that hypothetical.. there is a real possibility we could have a meltdown next year. End times are coming, folks.
MR. ROSE: All right.
MR. GINGRICH: Documents from the Fed need to be released! Beware!!
MR. ROSE: Back to Housing, would you get the federal government out of housing? Yes?
REP. PAUL: Absolutely
MR. ROSE: No Freddie -- no Freddie Mac, no Fannie Mae, nothing?
REP. PAUL: No, that's where the distortions come. So this housing bubble. We had too many houses. Doomed bubbles burst!
MR. ROSE: Time.
All right, we'll be back. Take a break and be right back. Stay with us from Dartmouth in Hanover, New Hampshire.
MR. ROSE: I want to take a look at a series of clips we'll show you in this segment, beginning with this one of a former president.
(Begin videotaped segment.)
FORMER PRESIDENT RONALD REAGAN: The single-most important question facing us tonight is, do we reduce deficits and interest rates by raising revenue from those who are not now paying their fair share, or do we accept bigger budget deficits, higher interest rates and higher unemployment simply because we disagree on certain features of a legislative package which offers hope for millions of Americans at home, on the farm and in the workplace?
(End videotaped segment.)
MR. ROSE: Let me go to the governor of Texas. Do you agree with the former president?
GOV. PERRY: Well, those were different times.
MR. ROSE: Back to my original question, the paralysis of Washington. This requires compromise, as Reagan suggested, correct?
MR. ROMNEY: Well, I -- I don't know what particular compromises he was referring to. Just stop spending.
MS. TUMULTY: But could we get back to the actual choice that is likely to confront Congress at the end of the year, which is some mix of revenues and cuts or these draconian automatic spending cuts that would include defense. Which of those two, if that is the choice, would you prefer?
MR. ROMNEY: Well, don't cut defense. That is terrible. And don't raise taxes. That is terrible. The President has a job's bill.
MS. TUMULTY: So this is --
MR. ROMNEY: How'd his last jobs bill work out for us?
MS. TUMULTY: But this is the automatic cut --
MR. ROMNEY: Not -- not so well.
MS. TUMULTY: -- HUH??
MR. ROMNEY: That supercommitte needs to reign in the scale of the federal government.
MR. ROSE: OK.
MR. ROMNEY: -- and reform our entitlements....
Grow jobs, Cut Government.
MR. ROSE: Without any increase in revenue?
MR. GINGRICH: I'd like to speak again. This is important. The President shows zero leadership and congress adopted a stupid bill. The bill says we are either going to shoot ourselves in the head or chop off a leg. We will show you how to chop off that bloody leg on Thanksgiving Day. Or shoot yourself in the head.
MR. ROSE: All right. Congressman Bachmann.
REP. BACHMANN: Charlie, I can call you Charlie, right? I was the leading voice in the Wilderness, last summer. That lone ranger of a voice calling out to the wild. Ahwoooo! Don't give Barack anymore money to spend!
We need to cut back on spending. THAT is the answer, Charlie. My nails sure are clicky!
MR. ROSE: Will cutting back on the spending --
REP. BACHMANN: Those beautiful, fragile young people will be paying for this burden, Charlie. Who's going to get out of bed and work when they have to pay huge taxes? Huh? Charlie?
MR. ROSE: Cutting back on spending, in your judgment, will do it?
REP. BACHMANN: Yes.
MR. ROSE: I want you to take a look at another clip; this one you will recognize as well. Don't let the nightclub act fool you.
Here it is.
(Begin videotaped segment.)
MR. CAIN: It's called the 9-9-9 plan. (Applause.) It imposes a 9 percent business flat tax, a 9 percent personal flat tax and a 9 percent national sales tax.
(End videotaped segment.)
MR. ROSE: Go ahead, Julianna.
MS. GOLDMAN: Mr. Cain, you said your plan is revenue neutral? You'd be slapping 9 percent tax rate on food and medicine.
MR. CAIN: The problem with that analysis is that it is incorrect.
MS. GOLDMAN: Well -- well --
MR. CAIN: You are making assumptions. 9-9-9 throws out the current tax code. Drive the economy, take risks and get sound money.
MR. ROSE: All right. Karen -- go ahead. I'm sorry, go ahead.
MS. GOLDMAN: But then explain why, under your plan, all Americans should be paying more for milk, for a loaf of bread, and beer?
MR. CAIN: I don't buy beer. Look, you have to start with the biggest tax Americans pay.
MR. ROSE: All right.
MR. CAIN: -- because there is no tax on used goods.
MS. GOLDMAN: But Congresswoman Bachmann, you're a former IRS lawyer. Do you agree?
REP. BACHMANN: Ha, yes. It isn't a job plan, it is a TAX plan. As my experience and being a federal lawyer, and all... A sales tax can lead to a value added tax. Take that 9-9-9 and turn that smile upside down.. it is WICKED!
MR. ROSE: All right. I have to --
MR. CAIN: You've got to let me respond.
MR. ROSE: We've given you several chances to respond.
MS. TUMULTY: Governor Huntsman, you were also ambassador to China, and you say that this would risk a trade war. So what do you say to people who ask, aren't we already in a trade war with China?
MR. HUNTSMAN: It's going to be the United States vs.China on the World Stage.
MS. TUMULTY: You know, Governor Romney, this issue does carry a lot of resonance, especially in states like New Hampshire which, as you probably know, has lost a greater percentage of its manufacturing jobs to China than any other state.Why should voters believe that you would be any different?
MR. ROMNEY: Those Chinese played people like a fiddle. Devil Went Down to Georgia? 9-9-9..6-6-6?
MS. TUMULTY: But is --
MR. ROMNEY: China the Cheats. They manipulate currency.
MR. ROSE: Let me go to Governor Perry and then governor -- then Governor Huntsman.
Governor Perry.
GOV. PERRY: We don't need 9-9-9 or 6-6-6. Energy Independence!
MR. ROSE: All right. I want to come back to these issues, but let me introduce -- speaking of CEOs and business -- this is a New Hampshire native. His name is David Cote. He is chairman and CEO of Honeywell, and he is a former member of the Simpson-Bowles commission.
Here he is.
(begin/end video)
MR. ROSE: Senator Santorum, we talked about jobs in Pennsylvania. A competitive agenda of yours would be what?
MR. SANTORUM: I want to beat China.
MR. ROSE: Yeah.
MR. SANTORUM: I'm not done yet. I've -- I've only been able to answer one question, unlike everybody else here, you are playing favorites.
MR. ROSE: Right. I mean.. go on
MR. SANTORUM: Repeal Obamacare. I was in small town, real America talking about how Obama is out to crush it.
MR. ROSE: All right.
MR. SANTORUM: We need to repeal it -- let me finis $&#@
MR. ROSE: Yes, you do, but you --
MR. SANTORUM: We need to repeal it --
MR. ROSE: We got that already
MR. SANTORUM: I know. Well, I'm --
MR. ROSE: Time. You see the red light. Time!
MR. SANTORUM: -- (spending up the ?) time. We need to repeal it !
MR. ROSE: All right.
MR. CAIN: 9-9-9 is bold!
MR. ROSE: Governor Romney.
MR. ROMNEY: KILL Obamacare
MR ROMNEY: Let me finish Let me finish! Let me finish!
MR. ROSE: OK. Let him finish, then we'll go to Huntsman, then we go to break. And then when we come back, each of you can question each other.
MR. ROMNEY: So as I was saying....
MR. ROSE: All right. Government Huntsman, then we go.
MR. HUNTSMAN: Mitt, your plan is not going to do anything.
MR. ROMNEY: I said Repeal it. Did you miss that?
MR. HUNTSMAN: Not the mandate..
MR. SANTORUM: The mandate has no teeth because there's no tax penalty
MR. ROSE: All right, we have much to talk about. When we come back, the candidates will ask questions of each other, after this break. (Applause.)
MR. ROSE: Welcome back. We're at the Republican presidential candidates' debate. -- and we're pleased now to turn around a bit and have the candidates question each other. They will each have 30 seconds to pose and answer -- will have one minute to respond -- 30 seconds per question, one minute to respond.
They'll proceed in alphabetical order. I remember that -- I want you to remember, as we talk about this, we're talking about the economy or those things that affect the economy. Specifics!
Beginning in alphabetical order: Congresswoman Bachmann.
REP. BACHMANN: Thank you. In the 80's, Ronald Reagan introduced a Miracle. An economic miracle. While we were wishing and yearning, YOU! Governor Perry was buddying up to Al Gore. Increase Taxes! Increast the debt! We are talking Trillions of Dollars, Charlie. How can we trust Governor Perry?
GOV. PERRY: Well, I like those in Texas and those people in the deep South, can I get an Amen? We grew up Democrat. So anyway, I know how to balance a budget and deal with spending issues and create jobs.
MR. ROSE: Herman Cain -- question.
MR. CAIN: Yes. The 9-9-9 plan is bold!
My question is to Governor Romney. Can you name all 59 points in your 160-page plan?
MR. ROMNEY: The Rule of Law.
MR. ROSE: All right.
MR. ROMNEY: -- Create Schools.
MR. CAIN: So no, it's not simple is what you're saying.
MR. ROMNEY: (inaudible).
MR. ROSE: All right. Speaker Gingrich, question.
MR. GINGRICH: Beware!
MR. ROSE: Governor Huntsman.
MR. HUNTSMAN: Since this discussion is all about economics, Governor Romney, I promise this won't be about religion. Haw, haw. How can you with the job creation debate given your background?
MR. ROMNEY: We started Staples, Sports Authority, Bright Horizons Children's Center. Steel mills.
MR. ROSE: All right. Congressman Paul.
REP. PAUL: Mr. Cain, you are critical of us who want to audit the Fed..you belittled us...
MR. ROSE: Question?
REP. PAUL: Sixty-four percent of the American people want a full audit of the Fed on a regular basis.
MR. ROSE: Mr. Cain?
MR. CAIN: My priority is 9-9-9- Bold!
MR. ROSE: Governor Perry, question for --
GOV. PERRY: Governor Romney, "Romneycare" and "Obamnycare" Sitting in a Tree
MR. ROMNEY: I am from Texas.
We have the lowest number of kids, as a percentage, uninsured, of any state in America. You have the highest. You have over --
MR. ROMNEY: -- I'm still -- I'm still speaking. I'm still speaking!
GOV. PERRY: -- I didn't say anything.
MR. ROMNEY: I'm still speaking! We have -- we have less than 1 percent of our kids -- they're uninsured. You have a million kids uninsured in Texas -- a million kids.
MR. ROMNEY: Congresswoman Bachmann
What do you do to help the American people get back to work, be able to make ends meet? You've got families that are sitting around the kitchen table, wondering how they're going to make it --
REP. BACHMANN: Well, you do realize I am a mother of TWENTY EIGHT Kids. Please visit MicheleBachmann.com and you can see my solutions. That is MicheleBachm....
MR. ROSE: Time.
REP. BACHMANN: DOT COM!
MR. SANTORUM: Four people on this panel that actually supported TARP -- wanting to constrict our very Freedom!
MS. : So do you have a question for one of them?
MR. SANTORUM: My question is, Herman Cain, how can we trust that you wont take freedoms away from freedom loving Americans?
MR. CAIN: 9-9-9
MR. SANTORUM: And by the way, the other three sneaks are Huntsman, Perry, and Romney.
MR. CAIN: First you need My 9-9-9- plan, then hold Congress' feet to the fire and then don't raise anything on the 9-9-9
MR. SANTORUM: You're not going to be president forever.
MR.CAIN: You think...
MR. ROSE: With that we take a break and come back for our final segment. Stay with us. (Applause.)
MR. ROSE: We are back at Dartmouth in Hanover, New Hampshire, talking with the eight Republican candidates about a variety of issues. Clearly, we come back to health care. I want to go to Governor Perry. Explain to me what you think the difference is about your health care ideas and Governor Romney's health care ideas and how you see mandates and how he sees mandates and the Constitution, because not only has there been some exchange here, Governor Christie got involved today.
GOV. PERRY: People sitting around eating and watching TV waiting for Ideas.
MS. TUMULTY: But Governor Perry, as The Washington Post fact- checker noted, Texas has had 16 waivers for Medicaid. So how can you say that the problem is that the federal government has not given Texas enough flexibility?
GOV. PERRY: I don't want to have to ask Mother every time I come up with a concept or an idea.