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June 28, 2008
PHIL GRAMM: "They didn't live up to what they promised to do. Power corrupted them. They spent lots of money and tried to buy votes. Republicans concluded that they could make voters love them by governing the way Democrats did."
Plus this: "Why is America the richest country in the world? . . . It's not because our people are more brilliant; it's because we have a better free-market system. Why has Texas created 1.6 million jobs in the last 10 years whereas Michigan has lost 300,000 jobs and Ohio has lost 100,000 jobs? Because governance matters, taxes matter, regulation matters. Our opponents in this campaign are so dogmatic in their goal of having more government because they love the power it brings to them that they're willing to let it impose costs on the working people that they say they want to help. I am not."