Transcript: President Barack Obama

REICH: Well, but -- but, you know, this is an interesting point. My -- my calculation is that, at the end of today, the president will have appeared, in terms of national print and broadcast media, about 124 times, up to this point in his -- in his -- in his term.

STEPHANOPOULOS: Thanks to Mark Knoller of CBS.

(LAUGHTER)

(CROSSTALK)

REICH: Well, it's extraordinary. But Bill Clinton by this time, I think the number was 47, or something like that. George W. Bush was 40. I mean, this is -- this is a president who is very exposed, our current president, but he's the educator-in-chief. I mean, if he weren't effective at doing this, he would not be doing this.

And, Ed, let me go back to something you said. The polls are over the place in terms of effectiveness. That CBS poll showed a very substantial increase after he gave that speech to the joint session of Congress.

GILLESPIE: But I think it was a bump. It wasn't lasting.

REICH: Well, but we can call -- can call it a bump. We can call it an increase. The point is that he is and he had to after August take the initiative again. He is taking the initiative. He knows that if there's any lull right now, his opponents are going to jump into that lull. And it's very important that he educate the public about what's going on.

STEPHANOPOULOS: Let me jump in right here, because we're going to have to take a break. We've got a lot of time on the back end of these commercials, a lot more to talk about. We'll be right back with the roundtable and the Sunday funnies.

(COMMERCIAL BREAK)

(BEGIN VIDEO CLIP)

CARTER: An overwhelming portion of the intensely demonstrated animosity toward President Barack Obama is based on the fact that he is a black man.

BECK: We have a former president who says, if you're opposed to the president's health care, you're a racist.

LIMBAUGH: The left looks at everything through a racial prism. I'm just -- I'm just -- hey, they hit us, we hit back twice as hard.

PELOSI: In the late '70s in San Francisco, this kind of -- of rhetoric was very frightening. And it gave -- it created a climate in which we -- violence took place.

(END VIDEO CLIP)

STEPHANOPOULOS: The debate not coming down (ph) as President Obama called for. Let me bring the roundtable back in. I'm joined by George Will, Peggy Noonan, Bob Reich, Ed Gillespie, and Donna Brazile.

And, George, as we -- as we get to this, let me show two magazine covers from this week. First, Time magazine, Glenn Beck, mad man, and the angry style of American politics. And then in the New York magazine coming out tomorrow, there's the tattooed face of Barack Obama, big headline, "Hate."

We -- we heard President Obama say he thinks that a lot of anti- government feeling, the idea that the government can't do anything right, is behind all this. What's your theory?

WILL: The president's right about that. What we're hearing is the liberals' McCarthyism, which is, when in doubt, blame people for racism. Litigators have an old argument: When the law's on your side, argue the law. When the facts are on your side, argue the facts. When neither's on your side, pound the table. This amounts to pounding the table.

I have yet to see evidence, is there -- does evidence even intrude in this conversation? Is there any evidence that these people are racists? I think not.

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