'This Week' Transcript: Gov. Schwarzenegger

COKIE ROBERTS: Oh, she was the - and in the primary campaign. I mean, even though he was working against her, it was a very impressive performance. And, look, she's got followers and she's got followers both in this country and abroad. And so I think that from his perspective it's a very smart appointment. But this question of how do you separate former President Clinton has been her problem all along this year. You know, that she - if she were just sort of on her own, this would be an easier - she would have had an easier campaign, and she'd have an easier appointment.

GEORGE STEPHANOPOULOS: And if she did take the job and did get it, Sam Donaldson, this would firmly establish her independence.

SAM DONALDSON: Well, it would establish her independence in a sense but the president still is the chief foreign policy officer. He makes the policy. She's very tough...

COKIE ROBERTS: You mean independence from Bill or from...

GEORGE STEPHANOPOULOS: Bill. That was...

SAM DONALDSON: Oh, from Bill. I love the questionnaire, 62 questions you have to fill out if you're going to be considered for a top post in the Obama administration. One of them, is there anyone or any organization who overtly or covertly, fairly or unfairly, might be able to attack you, please name them. You know, Rush Limbaugh, Sean Hannity, go down the list.

COKIE ROBERTS: Right.

SAM DONALDSON: But I think she's imminently qualified, no question. But Barack Obama loves to quote Lincoln and how he surrounded himself with his enemies and turned them into his great supporters. I liked Lyndon Johnson better. More earthy. It's better to have them inside the tent peeing out rather than outside the tent peeing in. He checkmates her if in fact he doesn't do well and we come to '04 and she says I can do what Teddy Kennedy didn't. He checkmates her.

GEORGE STEPHANOPOULOS: Any downside?

PAUL KRUGMAN: You know, there's all this – but no, I mean the Democratic Party is making this big push for unity. And I think this – you know, it would leave kind of a warm glow. There would be a few people who would be out there saying, ooh, you know, Bill. But I think it's probably good for the party. I don't know if it's good for her. But it's good for the party.

COKIE ROBERTS: Well a warm glow in Washington, I'm not sure it would be so warm in the net roots that the people who have been very enthusiastic for Obama, have really worked in his campaign, who see the Clinton administration and Hillary Clinton as too right wing on foreign policy, too ready to be in Iraq in the first place, too unwilling to talk to Iran, all of those things and I think that that could be a problem.

GEORGE STEPHANOPOULOS: Just too many Clintonites overall in the administration.

COKIE ROBERTS: Well that's a bigger question.

GEORGE WILL: But that's what always happens is you draw from the existing talent pool. I remember when Jimmy Carter got elected as the farmer from outside Washington. Hamilton Jordan, the late Hamilton Jordan said you won't see the Brzezinskis advances in this administration. His first two appointments were Brzezinski advances.

COKIE ROBERTS: But you know...

PAUL KRUGMAN: And one of the great advantages that Obama has coming in is that he actually follows not too long after a successful Democratic administration.

COKIE ROBERTS: Right.

PAUL KRUGMAN: So it's not like Clinton coming in in '82 with nothing.

COKIE ROBERTS: That's a big difference. That's right.

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