OKAY.

THAT'S IT FROM ME.

I NOW WITH GREAT PLEASURE YIELD

ON AS MUCH OF THIS HISTORY AS HE

CARES TO IS NEWT GINGRICH,

FORMER SPEAKER OF THE HOUSE,

FOX NEWS CONTRIBUTOR AND AUTHOR

OF, "DEFEATING BIG GOVERNMENT

SOCIALISM," SAVING AMERICA'S

FUTURE.

I YIELD TO THE GREAT HONORABLE,

AND BRILLIANT SPEAKER

NEWT GINGRICH.

NEWT, WE CAN TALK HISTORY.

WE CAN TALK POLITICS.

WE CAN DO ANY DARN THING YOU

FEEL LIKE DOING.

>> WELL, I THINK YOU COVERED A

LOT OF THE GROUND PRETTY DARN

WELL.

THERE WERE 14 MULTIPLE BALLOT

SPEAKERSHIPS.

THE LONGEST ONE IS ACTUALLY 1855

WHEN IT TOOK TWO MONTHS AND 133

BALLOTS.

NOW I DON'T THINK WE'RE GOING TO

GET TO THAT, BUT I HAVE TO TELL

YOU, I'VE BEEN WATCHING C-SPAN

MORE INTENTLY TODAY THAN ANYTIME

IN A VERY, VERY LONG TIME AND I

WAS IMPRESSED THAT EVEN WHEN THE

REBEL ABOUTS DECIDED TO

CONSOLIDATE AROUND JIM JORDAN,

WHO OF COURSE HAD JUST NOMINATED

KEVIN McCARTHY, THE NUMBER OF

VOTES DIDN'T CHANGE, THEY DIDN'T

GET ANY NEW VOTES.

I'M LOOKING TO THE THIRD, FOURTH

AND FIFTH BALLOTS TO SEE WHAT

WILL HAPPEN.

MY GUESS IS THAT McCARTHY IN

FACT WILL IN THE END BE SPEAKER.

I WROTE A NEWSLETTER RECENTLY

POINTING IT WAS KEVIN OR CHAOS.

IF FOR ANY REASON THE RADICALS

WERE TO SOMEHOW BE ABLE TO DRIVE

HIM OUT, THEY WOULD HAVE

ESTABLISHED A PRECEDENT THAT

ANYBODY ELSE CAN DO THE SAME

THING.

LINCOLN WARNED ABOUT THIS IN HIS

FIRST INAUGURAL.

SAID THE PROBLEM WITH SECESSION

IS, ONCE YOU HAVE ESTABLISHED

THAT RIGHT, EVERYBODY CAN SECEDE

FROM EVERYBODY.

THE FIVE WHO STARTED THIS FIVE

HAVE NOW GIVEN EVERY OTHER

MEMBER OF THE HOUSE REPUBLICAN

PARTY THE MORAL RIGHT TO GO OUT

AND FIND FOUR FRIENDS AND HAVE

THE SAME CHAOS.

I THINK THAT'S WHY THE

CONFERENCE HAS BEEN

OVERWHELMINGLY SOLID.

THEY STILL ARE OVERWHELMINGLY

SOLID, EVEN WITH JIM JORDAN'S

NAME.

JORDAN CERTAINLY A VERY SERIOUS

PERSON.

THE NUMBERS DIDN'T CHANGE AT

ALL.

THEY HAD 19.

KEVIN GOT 202.

THAT MEANS HE IS GETTING BETTER

THAN 10 VOTES FOR EVERY VOTE THE

REBELS CAN PUT TOGETHER.

I THINK THEY HAVE NO ENGAME.

THESE PEOPLE CAN'T PLAY

TIC-TAC-TOE.

I THINK THAT IS PART OF THE

PROBLEM.

THEY HAVE GOTTEN THEMSELVES

CAUGHT IN THE BUS.

GOT THEMSELVES IN THE POSITION.

THEY CAN'T GET OUT OF IT.

IF KEVIN IS PREPARED CALMLY,

WAIT THEM OUT.

THE DISTRICTS ARE CALLING THEM,

WHAT ARE YOU DOING?

WHY ARE YOU RUINING THE

REPUBLICAN PARTY?

LARRY: NEWT, YOU KNOW, IT JUST

SEEMS TO ME, AND I HAVE BEEN IN

TOUCH, I KNOW YOU'RE ALL OVER

THIS THING.

I'VE BEEN OUT FOR A WEEK OR SO

BUT I'VE BEEN IN TOUCH A LOT IN

THE LAST 48 HOURS TO FRIENDS OF

MINE WHO ARE HOUSE MEMBERS OR

SENIOR STAFF.

SEEMS TO ME, NEWT THIS IS ABOUT

PERSONALITIES, NOT POLICIES.

I DON'T LIKE THINGS ABOUT

PERSONALITIES.

I DON'T LIKE THINGS TO GET

PERSONAL.

POLITICS SHOULD BE A NOBLE

PROFESSION DONE WITH CIVILITY.

YOU FOUGHT FOR THAT YOUR WHOLE

CAREER.

THERE ARE ISSUES.

STAY WITH THE GOP.

THE GOP HAS COMMITMENT TO

AMERICA.

I WOULD LIKE TO SEE HIM GET

STARTED ON IT.

>> YOU KNOW WHEN JIM JORDAN GOT

UP AND KEVIN ON THE SECOND ROUND

HE GAVE A VERY ELOQUENT SPEECH.

I TWEETED HOW GOOD I THOUGHT IT

WAS.

HE MADE THE POINT THAT THE

AMERICAN PEOPLE ELECTED THIS

REPUBLICAN MAJORITY TO DO VERY

SERIOUS THINGS THAT ARE VERY

IMPORTANT TO AMERICA'S FUTURE

AND THAT THESE GUYS ARE FRANKLY

REALLY VIOLATING THE ENTIRE

REASON THE CONSERVATIVES AND

REPUBLICANS WORKED SO HARD.

REMEMBER, ON THE HOUSE HARD WE

GOT 3 1/2 MILLION MORE VOTES

THAN THE DEMOCRATS.

KEVIN LEGITIMATETY CAN CLAIM TO

SPEAK FOR A MAJORITY.

I THINK IT WAS VERY IMPORTANT TO

RECOGNIZE THAT THIS IS NOT A

GAME.

I AM TOLD BY PRETTY GOOD SOURCE

THAT LAST NIGHT SEVERAL OF THESE

FOLKS WENT IN TO SEE KEVIN AND

THEY HAD A WHOLE NEW LIST OF 30

ITEMS, SOME OF WHICH WERE

FRANKLY PRETTY EMBARRASSINGLY

VENAL WHO OUGHT TO BE PUT ON

APPROPRIATIONS, WHO OUGHT TO BE

PUT ON RULES, WHO OUGHT TO GET

TO CHAIR SOMETHING.

TALK ABOUT PEOPLE BASICALLY

TRYING TO BLACKMAIL.

THEY'RE NOT BLACKMAILING KEVIN

McCARTHY.

THEY'RE BLACKMAILING A

REPUBLICAN CONFERENCE IN WHICH

85% OF THE CONFERENCE VOTED FOR

McCARTHY OVER HIS COMPETITOR.

NORMALLY IN EVERY SOCIETY I KNOW

OF, 85% IS A PRETTY BIG

MAJORITY.

NORMALLY YOU WOULD FIND PEOPLE

COMING TOGETHER.

SO I DON'T KNOW HOW LONG THIS

WILL TAKE.

I DO THINK IN THE END McCARTHY

WILL BECOME SPEAKER.

FOR ONE THING HE WILL HAVE A LOT

HIGHER NAME I.D. THAN HE WOULD

HAVE HAD WITHOUT THIS FIGHT.

IT WILL BE INTERESTING TO WATCH.

VERY SERIOUS PLAN AS YOU KNOW TO

REALLY CHANGE THINGS.

LARRY: NO, I DON'T MEAN TO INTER

RESULT.

I WAS JUST GOING TO SAY IN SOME

WAYS THERE ARE BENEFITS TO THIS

BECAUSE THE WHOLE WORLD IS NOW

WATCHING AND KEVIN McCARTHY

HAS BECOME A HOUSEHOLD WORD.

AS LONG AS THEY SPELL THE NAME

RIGHT IT IS GOING TO WORK OUT

OKAY.

I BELIEVE IT IS GOING TO WORK

OUT OKAY.

WHEREAS BEFORE THIS IT WAS A

SMALL THING.

NOW IT IS A GIGANTIC THING.

I DON'T WANT TO HEAR ANYBODY

TELL ME IT DOESN'T MATTER WHO,

WHETHER THE REPUBLICANS TOOK THE

HOUSE.

I DON'T WANT TO HEAR THAT

ANYMORE.

THIS TAKES ALL THAT STUFF AWAY,

PUTS IT ON THE FRONT PAGE AND,

WHAT THEY'RE GOING TO DO TO MAKE

CHANGES AND BLUNT THE BIDEN

RADICAL AGENDA ALSO BECOMES PART

OF THAT FRONT PAGE STORY.

>> THAT'S RIGHT.

ALL I WOULD SAY IS, I WOULD

APPEAL TO EVERYBODY WATCHING, IF

YOU'RE IN THE DISTRICT OF ONE OF

THESE SO-CALLED REBELS, PICK UP

THE PHONE AND CALL THEIR OFFICE.

I MEAN WHAT THEY'RE DOING IS SO

DESTRUCTIVE AND CANDIDLY SO

STUPID.

THEY HAVE NO END GAME.

THEY HAVEN'T THOUGHT THROUGH

WHAT THEY'RE DOING.

THEY'RE THROWING THE EQUIVALENT

OF A TEMPER TANTRUM.

THE MORE THEY HEAR FROM BACK

HOME, THE MORE PEOPLE SAY TO

THEM, LET'S GET ON WITH DOING

AMERICA'S BUSINESS, NOT

GRANDSTANDING, THE SOONER THIS

WILL END.

LARRY: 100%.

NEWT GINGRICH, TERRIFIC STUFF AS

ALWAYS.

AMERICA'S -- BY THE WAY, NEWT, I

DON'T THINK YOU WERE AROUND

EITHER BUT I THOUGHT THOMAS JEFF

SON WAS WAY TOO LIBERAL GIVING

FIVE VOTES TO VACATE THE CHAIR

THAT REALLY IS, I DON'T KNOW HOW

YOU RUN THE PLACE ON THAT BASIS.

>> LOOK.

I COUNSELED HIM AGAINST IT.

I SAID, TOM, THIS IS NOT THE WAY

YOU OUGHT TO GO.

HE SAID, NEWT, I'M DISCUSS NOT

GOING TO LISTEN TO YOU.

LARRY: THAT'S FABULOUS.

NEWT GINGRICH, YOU ARE THE BEST.

HAPPY NEW YEAR, HAPPY NEW YEAR