'This Week' Transcript: Christina Romer, George Will, Liz Cheney, Al Hunt, Judy Woodruff and Robert Reich

REICH: Before we banter around or use terms like "liberal elites" or "racism," let me just say that race is, unfortunately, still a factor in politics and in this country. We may not like it; we may not want it to be. And in the election, people did talk about race. That does not make them a racist.

STEPHANOPOULOS: Why don't -- we only have 15 seconds left. Liz, there's one other revelation in this book. There are many, but one of them is that your father, former Vice President Cheney, when he heard about Sarah Palin being picked, he thought it was a reckless act by John McCain. Is that true?

CHENEY: No, that's not...

STEPHANOPOULOS: It's not true?

CHENEY: It's not accurate. No. I think -- frankly, I haven't read the book, but I've seen some of the excerpts of it. And -- and I have to say that the excerpts about the Democratic candidates, whether it's Bill Clinton's long-running affair or excerpts about...

(CROSSTALK)

CHENEY: ... more interesting, frankly, than the excerpts...

(CROSSTALK)

STEPHANOPOULOS: ... continue in the green room on abcnews.com. And you can get political updates all week long by signing up for our newsletter, also on abc.com.

STEPHANOPOULOS: Time now for "The Sunday Funnies."

DAVID LETTERMAN: They took the guy to court. And the judge said he was charged with having weapons of mass destruction in his pants. He told the judge, I get no complaints from the ladies.

JON STEWART: Let's turn on the C-SPAN and watch some health care negotiations. All right. It's not on C-SPAN1 there. Let's try again there. Let's see, okay, it's not on C-SPAN2. Let's try C-SPAN Espanol. Let's see if it's on - how about C-SPAN English but with a Spanish accent? NARRATOR: Welcome to the book notes.

JIMMY FALLON: Has everybody here seen "Avatar"? A great movie. Even President Obama took his family to see it at a private screening in Hawaii. After the movie, Obama was like, so that's what it's like when something lives up to its hype.

JIMMY KIMMEL: The underpants bomber is said to be affiliated with a secret branch of al Qaeda headquartered in Yemen. This is the only known photograph of the group. Or the loom as they like to be called.

STEPHANOPOULOS: We'll be right back.

(COMMERCIAL BREAK)

STEPHANOPOULOS: And that's our show for today. It is also my last regular Sunday here at "This Week". Thanks to all of you for watching so faithfully for all these years. And thanks to the outstanding crew and staff here at "This Week" who've made it the special program it will always be. Enjoy your Sunday. I'll see you tomorrow on "GMA" and "World News."

END

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