Here's that video:
ROMNEY: Every time you have an occasion to take something from the federal government and send it back to the states, that’s the right direction. And if you can go even further and send it back to the private sector, that’s even better.Instead of thinking in the federal budget, what we should cut — we should ask ourselves the opposite question. What should we keep? We should take all of what we’re doing at the federal level and say, what are the things we’re doing that we don’t have to do? And those things we’ve got to stop doing, because we’re borrowing $1.6 trillion more this year than we’re taking in. We cannot…I'll tell you what I think is immoral, Mr. Romney. Pretending that the only way to get rid of a deficit is to cut spending, when everyone knows the first thing you do when you need more money is, well, to ask for a raise or look for a better-paying job. (Of course, your Bain experience has taught you that workers are there to be sacked, not paid, so maybe ... no, hell you know all about taxes; you dodge them well enough with your Cayman Islands bank accounts and your salary-vs-expense accounts ... )
Q: Including disaster relief, though?
ROMNEY: We cannot — we cannot afford to do those things without jeopardizing the future for our kids. It is simply immoral, in my view, for us to continue to rack up larger and larger debts and pass them on to our kids, knowing full well that we’ll all be dead and gone before it’s paid off. It makes no sense at all.
What's really immoral is taking the functions that a government is best suited to perform - and performs not for profit, by the way - and sending them "back to the private sector". Recreating the age of the robber barons is immoral. Making poor (and poor-by-comparison-to-you) people pay for their disaster relief individually, for their medical care individually, - hell, according to things you've said in the past, for their schools and firefighters and police forces individually - and pay to companies in it for the profit they can make... all so you can pay a 15% tax rate: that's immoral.
And don't comment here to tell me he didn't say disaster relief was immoral. I know that. What he said was that not putting disaster relief in the hands of the private sector was immoral. Because for him, raising taxes on the rich is the real immorality.