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TRANSCRIPT: Interview with First Lady

ABC News' Jonathan Karl Interviews First Lady Laura Bush

And we've done that in other parts of the world over our history, and I hope we'll do that here because it will take a long time because they're not only building the infrastructure, physical infrastructure, but they have to build a civil society infrastructure -- but written a constitution. I mean, that's really incredible that they've written a constitution. They have a democratically elected government, and now they need to continue to build that infrastructure of laws, of business law and contract law and civil society so they can attract capital from around the world and be able to build finally a driving economy -- and the schools that they want.

And they're desperate for education, and that was the message I got from all those young people I met who are either in college there or still in high school.

JONATHAN KARL: And one other question about the Kiwi welcome. The thing that was going through my mind -- I mean, what -- obviously you knew it was coming and everything else, but --

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MRS. BUSH: It was sort of a shock when -- especially the one, he did say afterwards, "how did you like my special move?" that jumped up to me and then slid and fell. That was very funny.

JONATHAN KARL: And the Secret Service -- what's going through their -- those guys' minds --

MRS. BUSH: Well, they knew. They knew what the haka was going to be like, I think. But you're supposed to stare at them straight in the eyes. And, of course, I was wearing sunglasses because of the sand in my contacts -- (laughter) -- and the sun. But I was really trying to stare them straight in the eye.

JONATHAN KARL: Now, I have to ask you about politics here. We have, of course, about the time you were leaving on this trip, former First Lady Hillary Clinton formally conceded the race. Is there any part of you, in any way, that was disappointed that for this time anyway the opportunity for a woman President in the United States has been lost?

MRS. BUSH: Well, of course, I want the woman President to be a Republican woman. But I will say I watched the campaign, and I admire Hillary's grit and strength. And I know what it's like to run those campaigns and I -- or, to be the candidate, and how very difficult it is, both emotionally and physically. It's a huge endurance -- process of endurance. And so I'll have to say I have a lot of admiration for her endurance and her strength.

JONATHAN KARL: How do you think she did?

MRS. BUSH: I think she did great. I mean, I know it's hard. It's hard to do that, and I think she did great.

JONATHAN KARL: And what do you make of Barack Obama?

MRS. BUSH: I don't know. I mean, I just don't know that much about him. Obviously I'm for John McCain, and I think John McCain will make the better President. I think he's by far much more experienced. But it will be interesting. These election years are always very interesting in the United States, and this is a particularly interesting one. I'm glad we're not in it. (Laughter.) It's great to watch one from the sidelines, really for the first time in a long time for us, because we had George's dad as Vice President, and then as a presidential candidate, and so it's sort of nice to watch from the sidelines.

JONATHAN KARL: Are you going to miss it?

MRS. BUSH: I'm going to miss, obviously, living in the beautiful White House and all the people that we know in Washington, both the people that work at the White House, our own staff, and all of those people. But I look forward to a private life again, and a more normal life.

JONATHAN KARL: And is there any way that you'd ever get involved yourself?

MRS. BUSH: Run myself? No, absolutely not. I mean, I'm looking forward to continuing to work on things I've worked on like Afghanistan and Burma and literacy and education -- all the things I've always worked on, and I hope I'll be able to do that through George's presidential library. And then I'm very interested -- we're going to move back to Dallas -- in doing things in Dallas -- not political things, but things that I think will be supportive for our city and our state.

JONATHAN KARL: You've probably seen that Michelle Obama has come under fire for a number of different things, but, one, when she said for the first time in her adult life she's proud to be an American. What did you make of that?

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