'This Week' Transcript: Gov. Arnold Schwarzenegger and Gov. Edward Rendell

DOWD: Isn't he supposed to be the best speaker in the history of the country?

BRAZILE: You know what, I wasn't voting for a speaker. I was voting for somebody who can lead.

MORAN: I was wondering if you said something true in a different sense, in that you're both right, but the problem is the American people, but not for the president but for themselves. Maybe the fundamental political attitude of American people is I want my government goodies, I don't want you to get your government goodies and I don't want to pay for anything.

DOWD: I don't think that's true.

HUFFINGTON: The American people know that our health insurance system is broken. Every day, they have experience of that. And right now, if you look at the polls, when it comes to specific things, pre-existing conditions, competition when it comes to health insurance, and this is the American people are with the president. The problem is that the American people don't know where the president is. Where is the line in the sand?

DOWD: They know where the president is, they just don't like where he is.

WILL: When we started this health care debate a year ago, a 85 percent of the American people had health insurance and 95 percent of the 85 percent were happy with it. So there was no underlying discontent that you now postulate to drive this radical change. In fact, relax, the president is not having this health care summit to woo Republicans. He's having it so that he can then go to Congress and say, we're going to ram this through on reconciliation.

HUFFINGTON: I hope so.

WILL: I'm sure you do. And in a way, I hope so, too, in a way, because it would be a ruinous tactic.

BRAZILE: Well George, in all of the polls prior to this debate that we had on health care that really took everything out of context, the majority of Americans thought this was a concern enough so that the Democrats put in on the table. And I think they lost control of the debate.

But look, when it comes to the parameters of this conversation this week, the president is going to outline a set of principles. I believe it will be here are the things that we all agree, the insurance industry, the Republicans and Democrats.

Here's the bottom line. We're going to put this package throughout, I hope they don't shrink it up even smaller because that's one of the reasons why many Democrats are opposed to it, because it doesn't contain a public option. It doesn't really decrease premiums which is what people really want. But the president is going to put this forward tonight or tomorrow. The Republicans will have an opportunity to chew on it. If they decide to come to the table with something, an alternative, fine. If not, the Democrats should possess the will and the might to go ahead and get it through, George, however ugly it looks.

DOWD: I think in the end, politicians get in trouble when they make the assumption that they're smarter than the American people. That's what the problem is. Barack Obama and the administration decided they were smarter and they knew better what the American people needed on health care reform and they knew better what they needed on job performance. They knew better than them.

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