Gingrich points out that the Republicans, and the Republican Administration of President Bush are also to blame for the huge increase in Federal spending, while he attacked President Barack Obamas monstrosity of a budget" If the Republicans cant break out of being the right wing party of big government, then I think you would see a third party movement in 2012, Gingrich said during an address to students at the College of the Ozarks in Missouri. Remember, everything Obamas doing, Bush started last year, he said. If youre going to talk about big spending, the mistakes of the Bush administration last year are fully as bad as the mistakes of Obamas first two, three months. In an article today, in NewsMax.com, Gingrich predicted that fed up Americans will instigate a nationwide rebellion at the polls, and said the increased government spending under Obama is literally irrational. It seems that Newt believes that the Republican Party doesn't have a chance to recover before 2012 in its current fashion, and the current mood of revolt against these policies (all of them) will need a home other than in the Republican or Democrat Party. It is in times of huge unresolved issues that new parties are born. The last successful new party was the Republican Party which replaced the Whig Party in 1854. Those Issues were about slavery and it's extension into the new states, as well as modernization. The question might be, are the present unresolved issues of sufficient attention grabbing consequence as they were in 1854, and if they are won't a figure (like Lincoln) be needed to project that party to prominence? Who would that person be? Will we be given any clue who that person may be by forthcoming character assassinations and hatchet jobs by the existing powers that be? If that were the case, then Newt has already suffered those attempts, and might be one of the most viable candidates, with some strong lieutenant; someone who will emerge in the interim. Those candidates will be given hatchet jobs by the MSM, Etal too, beginning now. Here's Newt on the Financial Bail-Out back during the election, a long time ago but, except for the reference to McCain, it's as pertinent today as then. Remember though, here he's referring to the Bush Administration, not the Obama Adminstration.