Gingrich: Replace, don't tweak, faulty policies

By the Associated Press | June 14, 2011 | 10:59 AM EDT

CONCORD, N.H. (AP) — Former House Speaker Newt Gingrich says his presidential campaign will be a grass-roots effort focused on replacing, rather than tweaking, the institutions and policies that have driven the nation into what he calls the Obama Depression.

He spoke to lawmakers and business leaders in Concord on Tuesday, a day after appearing with rivals at a debate.

Gingrich called for repealing the Dodd-Frank consumer protection and Wall Street reform law. He said it's killing small banks and businesses. He advocated overhauling the Federal Reserve and U.S. Treasury. He says they are rife with "crony capitalism."

He's trying to restart his campaign after watching his top aides resign in protest last week.