Rick Perry's 'Oops': Can He Recover?

Texas governor looks to bounce back after GOP debate slip-up.
2:36 | 11/10/11

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Transcript for Rick Perry's 'Oops': Can He Recover?
The -- heard round the world after Texas governor Rick Perry. Drew a blank at the Republican debate last night for an agonizing 54. Seconds. Unable to -- a central part of his stump speech. Today in the wake of -- televised implosion the man once called the human tornado from Texas appeared everywhere. Using every weapon and his arsenal including his high wattage personality. To explain how that happened. But can he bounce back ABC's John Karl watched him try it but Rick Perry says it was it -- seconds and it felt like 54 hours it's. Three agencies and government when I get there that are gone. Commerce education. And the what's the third -- -- let's say okay he's included bill on digital camera again yet -- third one. The third agency of government I would I would do away with the education. The -- -- -- the commerce. -- city. Can't the judgment. Was swift. Tweets pronouncing Perry's campaigns -- even before the debate was over. One pundit called it the most devastating moment of any modern primary debate. And check this out right after the -- of online stock traders started selling shares of Perry presidential stock. Cutting its value by two thirds in a matter of minutes. Flub is especially devastating for -- because he's already had enough cringe inducing to -- moments. Was it was before he was before. To become a running joke on Saturday night line. -- president there wasn't talking involved. That's why beginning with Good Morning America he went on an all out media blitz to try to save his campaign -- for electing a debater in chief. Don't elect me. It's not there haven't been other political debate moments securities Al Gore's incessant sign for us. There's -- the elder bush looking so -- instead is watch. And the time Ross perot's running mate literally tuned out. I -- my hearing -- -- are coming again. The odd thing about this man but there are camp the groups is -- the agency he meant to say energy energy church. Is one that he often talks about eliminating. Perry is also going on late night television tonight in an effort to show that he can -- foreign himself. His top advisors point out that other than Mitt Romney he has raised more money by far -- Any of the other candidates in other words Diane he does have the resources to mount a comeback.

This transcript has been automatically generated and may not be 100% accurate.

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