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From Special Report with Bret Baier | Monday, July 16, 2012

On President Obama’s remarking in a Friday campaign speech “If you’ve got a business — you didn’t build that. Somebody else made that happen.”:

Spoken by a man who never created or ran so much as a candy store.

And it’s completely a straw man argument — as if conservatives and Republicans are arguing to disband the fire department and the police department so we can all do it individually on our own. The idea that infrastructure is necessary and good is as old as the republic. It’s older than that. The Romans had the Via Appia and that wasn’t exactly a new idea. And they had the sewers as well.

The question is: What do you do with the money once you build the infrastructure? You heard Obama talking about the moon shot. … in that speech. He went through a list of the great achievements that the government has done. The moon shot. Well, Obama’s the guy who shut down the moon program — manned space program so that today we have to outsource our access into space. For any American astronaut who wants to go to the space station we have to pay the Russians $50 million a shot.

He spoke about the invention of the Internet, which he neglected to say was the work of Al Gore. In fact, it wasn’t the government that invented it, in general, it was the Defense Department, a part of the government. And what has Obama done as he sprinkled billions of dollars on all the other departments in government? He shrunk the Defense Department and it’s now looking at draconian cuts.

This is a man that spent $1 trillion [stimulus] and left not a residue. He could have, for example, done something about the electric grid. He did nothing on that. Instead he sprinkled the money on cronies, pie in the sky ideological fetishes, like solar panels and electric cars…. Money wasted, it’s water on the sand. He did not leave behind residue on all that, and yet he speaks of infrastructure.

All of us want infrastructure — but real infrastructure. And leave the rest of life to the private individual and the entrepreneur.

On congressional Democrats’ threat to allow all the Bush tax cuts to expire on January 1:

It is not real.

[A] bluff we’re hearing from the Democrats. It’s not going to happen.

Two things happen on Election Day. Obama wins. If he wins, the Democrats won’t take the economy over a cliff. If Obama loses, the Democrats know after the 20th of January, Republicans can retroactively undo everything. So the bluff is simply a bluff. It’s empty.

On the tone of the campaign:

Truth doesn’t have a place in this election. Obama starts with the attack on the [Romney] outsourcing. It’s shown to be false. If there was any, it happened after Romney left Bain. So then the Obama people return with a second falsehood that Romney was running Bain until 2002. All the evidence is he was not.

But there is a point to the outsourcing argument. It plays to the fear of the other… And he is succeeding.



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