Indiana State Treasurer Richard Mourdock is running in the GOP primary against longtime incumbent Sen. Richard Lugar, and Steve Forbes says Mourdock earned “the gratitude of the nation” for his opposition to the bailouts of Chrysler and General Motors.

Forbes is the editor of Forbes magazine and a two-time presidential candidate. He is currently active with the Club for Growth, a conservative political action committee, which is supporting Mourdock’s campaign.

In an exclusive interview with Newsmax.TV, Forbes explains why he is backing Mourdock.

“I think that Richard Mourdock brings a kind of perspective you need today, a kind of dynamism,” he says.

“I think he earned the gratitude of the nation when he tried to uphold a thing called the rule of law when Obama put in his imposition of a bailout on Chrysler and General Motors. He tore up the rule of law. He tore up precedent in bankruptcy. That’s what you do in Argentina, not the United States of America. He resisted.

“Unfortunately the courts did not have the backbone to stop this usurpation of the rule of law. But since then, because of his efforts and the efforts of others, the atmosphere’s changed dramatically where the challenge to Obamacare is now treated with a seriousness that would have been inconceivable two years ago.

“He’s also against the blowout in government spending, wants to simplify the tax code and good things like that. So he brings that good conservative perspective and the energy to try to make positive things happen.”

See video below.