'This Week' Transcript: Stephanie Cutter and Eric Fehrnstrom

And, you know, the president is committing to toppling the regime in Syria, but we have to do it in a responsible way that protects our own interests. And, you know, as Donna said, the House Intelligence Committee, which actually knows what it's talking about here, disagrees with Governor Romney about arming the opposition. If you arm the opposition, then you are responsible for wherever those arms end up. And I don't think we know that yet.

STEPHANOPOULOS: Let's take a quick break. Right now, we'll be back with the roundtable in just 60 seconds. Michael Bloomberg and John Edwards, he avoids jail, what's next?

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EDWARDS: I don't think God's through with me. I really believe he thinks there's still some good things I can do.

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BUSH: Thank you so much for inviting our rowdy fans to my hanging.

When the British burned the White House, Dolly Madison famously saved this portrait of the first George W.

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Now, Michelle, if anything happens, there's your man.

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And I'm also pleased, Mr. President, that when you are wandering these halls as you wrestle with tough decisions, you will now be able to gaze at this portrait and ask, "What would George do?"

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STEPHANOPOULOS: A relaxed and funny George W. Bush at the White House this week, as his portrait was unveiled. We're back with a roundtable, and I guess quite different scene from Greensboro, North Carolina, where John Edwards left the courtroom, not guilty on one charge, hung jury on five others of campaign fraud. And when he came out for the first time, he mentioned his daughter, Quinn, who he had with Rielle Hunter.

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EDWARDS: Finally, my precious Quinn, who I love more than any of you could ever imagine. And I am so close to and so, so grateful for, so grateful for Quinn.

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STEPHANOPOULOS: Donna Brazile, the first time he had mentioned her in public. He does avoid any jail time, almost certain that the Justice Department is not going to bring this again. I talked to several of the jurors on Friday. They didn't even think it was a particularly close case. But can he really come back? You know, he had that phrase saying God is not finished with me yet, a little Jesse Jackson there.

BRAZILE: Well, if he's listening to God, I hope it humbles him and that he spends as much time as possible being a good dad to all of his kids and a good man. John Edwards was caught up in a series of lies, lies that he could never unravel and lies that perhaps destroyed his family, but clearly destroyed his public reputation.

I don't know if there's a road to redemption. I hope so, because I believe in redemption. But I think for now, John Edwards would be wise just to mellow, chill, and just be with his family.

STEPHANOPOULOS: And, George Will, maybe -- maybe the same advice for the Justice Department's public integrity (inaudible) some of the jurors I spoke to thought the case shouldn't have even been brought. And they've had a pretty bad run.

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