Gingrich Says Disillusioned Conservatives Could Form Third Party

Former House Speaker Newt Gingrich had some harsh words for fellow Republicans during a speech at the College of the Ozarks in Missouri. Gingrich warned that conservatives may quit the GOP in 2012 to form a third party. From Politico:

"If the Republicans can't 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 Wednesday

Gingrich blasted President Obama's agenda and faulted Republicans for not working hard enough to quash it. He also saved plenty of criticism for President Bush:

"If you're going to talk about big spending, the mistakes of the Bush administration last year are fully as bad as the mistakes of Obama's first two, three months."