'This Week' Transcript: Chicago Mayor Rahm Emanuel

GINGRICH: I was speaker of the House and a strategic adviser. I was glad to offer strategic advice.

KARL: Glad to offer strategic advice? It was just last month that Gingrich said Democrats should be tossed in jail for their ties to Freddie Mac.

GINGRICH: You ought to start with Barney Frank and Chris Dodd. In Barney Frank's case, go back and look at the lobbyists he was close to at Freddie Mac.

KARL: But Gingrich was taking in $30,000 a month from Freddie Mac right until September 2008. That's the very month they started receiving a $54 billion taxpayer bailout, a bailout even bigger than any of the banks, and worst than Freddie Mac, look who Gingrich was seen with back in 2008.

PELOSI: We don't always see eye to eye, do we, Newt?

GINGRICH: No, but we agree our country must take action to address climate change.

KARL: Agree with Nancy Pelosi on climate change? How's that going to play with Iowa Republicans? Republicans voters have been trying to find a candidate that can score big. Romney keeps popping up along with a different face every couple of weeks. No jackpot yet.

CAIN: Oh, shucky-ducky, I feel pretty good today.

KARL: This week, Herman Cain became the first candidate to get Secret Service protection, but he also faced a problem more damaging than those harassment allegations. It came in the form of a simple question: Do you degree with the president's actions in Libya?

CAIN: OK, Libya...

KARL: The awkward silence went on and on.

CAIN: I do not agree with the way he handled it for the following reason. Nope, that's -- that's a different one. Got all this stuff twirling around in my head.

KARL: It was only Cain's latest stumble on foreign policy, but Cain mocked those who questioned his expertise.

CAIN: Who knows every detail of every country of every situation on the planet? Nobody. We need a leader, not a reader.

KARL: "A leader not a reader"? Where have we heard that before?

ARNOLD SCHWARZENEGGER IMPERSONATOR: I was elected to lead, not to read.

KARL: Oh, yeah, "The Simpsons."

Rick Perry tried to get back in the game, promising to cut Congress's salary in half and challenging Nancy Pelosi to a debate. Pelosi gleefully said she had three things she had to do first.

PELOSI: Monday, I'm going to be in Portland in the morning, California in the afternoon. That's two. I can't remember what the third thing is (inaudible)

(LAUGHTER)

KARL: Finally, trending this week, Romney, I don't know. Cain, down. Worst than the Libya flub, he cancels an editorial meeting with the Manchester Union Leader, not the way to win friends in New Hampshire. Up, the debt, $15 trillion and counting. Down, way down, the super-committee, still no deal in sight. Will they really blow it? Up, pizza. Congress declares it a vegetable for school lunches.

With "This Week in Politics," I'm Jonathan Karl. Christiane?

(END VIDEOTAPE)

AMANPOUR: Thank you, Jon.

Now, Rahm Emanuel brought the house down in Des Moines last night at the Iowa Democratic Party's annual Jefferson-Jackson dinner. The Chicago mayor and Obama confidante delivered a sustained attack on Mitt Romney and a full-throated defense of the president's record.

(BEGIN VIDEO CLIP)

EMANUEL: Republicans fought him every step of the way. But because of his leadership, millions of young Americans have been given a better chance. That is the change we believed in. That is the change we worked for. That is the change President Obama delivered.

Page
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...