"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," Newt Gingrich said during a Wednesday speech in Missouri.

Speaking on Fox News Sunday, the former Speaker of the House expanded on why conservatives might turn away from the Republican Party. "Republicans need to understand that there's a country which did not like the big spending of the last administration, didn't like the interventionist policies of the last administration and the country at large would like to see a genuine alternative to the Obama strategy of basical trying to run the entire economy from the white house and basically trying to increase government, I think, by 36% this year, which is the largest single increase outside of war in American history," said Gingrich.

Gingrich indicated that he wouldn't participate in a third party movement. "No, look, I live through watching Ross Perot run in 1992 and split the conservative movement in two," he said.

This video is from Fox's Fox News Sunday, broadcast Apr. 5, 2009.

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