Ex-GE CEO Jack Welch: 'As of Today, I'm a Ted Cruz Guy'

Former General Electric CEO Jack Welch says he likes anti-GOP establishment candidate Ted Cruz for president for the moment, though he is waiting to see how the party's debates turn out.

"As of today, I'm a Ted Cruz guy," Welch said Thursday on Fox News Channel's "Your World with Neil Cavuto." 

Asked why, Welch pointed to "truth and trust," one of the main theme's of his latest book, "The Real-Life MBA," written with his wife, Suzy Welch.

"Where truth is spoken, spin is gone," Welch said. "This country needs more truth and trust. Ted Cruz says what he is going to do and he does it. And he is as smart as a whip."

Cruz is able to move audiences, much like former President Ronald Reagan, Welch said, but needs to smile more "because he is a hell of a good guy."

Reagan "had that touch, and Ted Cruz is going to develop it, hopefully," Welch said.

Besides Reagan, Welch said other presidents he admires are Bill Clinton and George H.W. Bush.

Bush is "one of the most beautiful men in the world, made of nothing but decency," Welch said.

Barack Obama, on the other hand, has been "a terrible president for the country," he said. "He just has a foreign policy that has us in flames. He rammed through things without integrity. … I don't feel comfortable when he is negotiating."

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