Every time I hear it, it sounds like he is saying 'governmentnik'. Which almost makes sense. The suffix -nik can be added to words to associate a person to that word. Therefore a 'governmentnik' would be a person heavily associated with government. It could be an odd way of saying Obama is part of the establishment.
I don't think he was actually going to say the N word. And I really, really don't like Santorum to begin with.
The rEVOLution is not being televised