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| TIME | SPEAKER | TEXT |
|---|---|---|
| 00:02:51 |
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Another very bad day on Wall Street, as both of you know. Both of you proposed new plans this... |
| 00:03:31 |
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Well, let me -- let me say, Bob, thank you. And thanks to Hofstra. And by the way, our... |
| 00:05:33 |
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All right. Senator Obama. |
| 00:05:35 |
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Well, first of all, I want to thank Hofstra University and the people of New York for hosting... |
| 00:07:40 |
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All right. |
| 00:07:40 |
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You know -- |
| 00:07:41 |
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Would you like to ask him a question? |
| 00:07:42 |
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No. I would like to mention that a couple of days ago Senator Obama was out in Ohio, and he... |
| 00:09:06 |
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Is that what you want to do? (Audio break.) |
| 00:09:10 |
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He's been watching some ads of Senator McCain's. Let me tell you what I'm actually going to... |
| 00:10:55 |
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You know what Senator Obama ended up his conversation with Joe the plumber? "We need to spread... |
| 00:11:48 |
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Okay, can I -- |
| 00:11:49 |
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I'm not going to -- I'm not going do that in my administration. |
| 00:11:51 |
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If I can answer the question, number one, I want to cut taxes for 95 percent of Americans. Now,... |
| 00:12:07 |
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We're talking about Joe the plumber. (Laughs.) |
| 00:12:08 |
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-- in order to give -- in order to give additional tax cuts to Joe the plumber before he was... |
| 00:12:51 |
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If nobody likes taxes, let's not raise anybody's taxes, okay? |
| 00:12:53 |
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Well, I don't mind paying a little more. |
| 00:12:54 |
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The fact is that businesses in America today are paying the second-highest tax rate of anywhere... |
| 00:13:28 |
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All right. Let -- let's go to another topic. It's related, so if you have other things you want... |
| 00:14:26 |
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Well, first of all, I think, it's important for the American public to understand that the $750... |
| 00:14:57 |
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(Off mike) -- cut some of these programs, sir. |
| 00:14:59 |
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Absolutely. So let me get to that. What I want to emphasize though is that I have been a strong proponent... |
| 00:16:37 |
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Time's up. Senator? |
| 00:16:38 |
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Well, thank you, Bob. I just want to get back to this homeownership. During the Depression era,... |
| 00:17:06 |
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But what -- |
| 00:17:06 |
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But -- |
| 00:17:07 |
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The question was, what are you going to cut? |
| 00:17:08 |
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Okay. All right. Energy -- on -- well, first -- second of all, energy-independent -- we have... |
| 00:18:06 |
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Which ones? |
| 00:18:07 |
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Well, one of them would be the marketing assistance program. Another one would be a --... |
| 00:18:55 |
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Time's -- |
| 00:19:02 |
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We'll cut out all the pork. |
| 00:19:04 |
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Time's up. |
| 00:19:05 |
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Well, look, I -- I think that we do have a disagreement about a(n) across-the-board spending... |
| 00:20:32 |
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Do either of you think you can balance the budget in four years? You have said previously... |
| 00:20:40 |
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Sure, I do. And let me -- |
| 00:20:41 |
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You'd still do that. |
| 00:20:42 |
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Yeah. Senator Obama, I am not President Bush. If you wanted to run against President Bush,... |
| 00:21:24 |
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Four years -- |
| 00:21:25 |
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And I will reduce the -- I can -- we can do it with this kind of job creation of energy independence. Now,... |
| 00:22:20 |
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Barack. |
| 00:22:20 |
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Well, the -- there was a lot of stuff that was put out there, so let me try to address it. First... |
| 00:22:39 |
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An overwhelming vote. |
| 00:22:40 |
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I support charter schools and pay-for-performance for teachers. Doesn't make me popular with... |
| 00:24:03 |
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All right. |
| 00:24:05 |
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Let me -- let me just say, Bob -- |
| 00:24:06 |
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Okay. About 30 seconds. |
| 00:24:07 |
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Okay. But it's -- it's very clear that I have disagreed with the Bush administration. I have... |
| 00:24:47 |
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All right. |
| 00:24:48 |
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Senator Obama, your -- your -- your argument for standing up to the leaders of your party isn't... |
| 00:24:53 |
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All right. We're going to move to another question. And the topic is leadership in this... |
| 00:25:41 |
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Well, this has been a tough campaign. It's been a very tough campaign. And... |
| 00:27:59 |
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Time's up. |
| 00:28:00 |
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-- since Watergate. |
| 00:28:01 |
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All right. Well, look, you know, I think that we expect presidential campaigns... |
| 00:28:29 |
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That's not true. |
| 00:28:30 |
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A hundred -- it -- it absolutely is true. And -- and -- now, I think the American people are... |
| 00:30:12 |
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Well, if you'll turn on the television, as I -- I watched the Arizona Cardinals defeat the Dallas... |
| 00:30:18 |
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Congratulations. |
| 00:30:19 |
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Every other ad -- (laughter) -- every other ad was an attack ad on my health care plan. And... |
| 00:31:21 |
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Well, I mean, look, if we want to talk about Congressman Lewis, who is an American hero, he... |
| 00:32:08 |
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(Laughs.) You've got to read what he said -- |
| 00:32:09 |
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Now, John -- John -- let -- |
| 00:32:10 |
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You've got to read what he said. |
| 00:32:11 |
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Let me -- let me -- let me complete -- |
| 00:32:12 |
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Go ahead. |
| 00:32:13 |
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-- my response. I do think that he inappropriately drew a comparison between what was happening... |
| 00:33:01 |
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I cannot -- |
| 00:33:02 |
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We can have serious differences about our health care policy, for example, John, because -- |
| 00:33:06 |
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Yeah. |
| 00:33:07 |
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-- we do have a difference on health care policy -- |
| 00:33:08 |
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We do, and I hope we talk about it. |
| 00:33:09 |
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-- and we'll spend some time talking about it this evening. |
| 00:33:11 |
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All right, sure. |
| 00:33:13 |
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But when people suggest that I pal around with terrorists, then we're not talking about issues... |
| 00:33:18 |
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Well -- |
| 00:33:19 |
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-- what we're talking about are -- |
| 00:33:20 |
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Well, let -- let me just say, I -- I -- |
| 00:33:21 |
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Does he pal around with terrorists? |
| 00:33:22 |
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Let me just say categorically I'm proud of the people that come to our rallies. Whenever you... |
| 00:34:19 |
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(Off mike.) |
| 00:34:20 |
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So the point is -- the point is that I have repudiated every time someone has been out of line,... |
| 00:34:41 |
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Well, look, Bob, as I said -- |
| 00:34:42 |
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I mean, do you take issue with that? |
| 00:34:45 |
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You know, here's what I would say. I mean, we can have a debate back and forth about the merits... |
| 00:35:38 |
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Well -- |
| 00:35:38 |
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-- has been a culture in Washington that -- that's been taking place for too long. And I think... |
| 00:35:44 |
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Well, Bob, you asked me a direct question about -- |
| 00:35:45 |
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Short question. |
| 00:35:46 |
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Yeah, real quick. Mr. Ayers, I don't care about an old, washed-up terrorist. But as Senator... |
| 00:36:21 |
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All right. |
| 00:36:22 |
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-- of course. |
| 00:36:23 |
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All right. I'm going to let you respond, but we'll extend this just for a moment. |
| 00:36:25 |
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I think it's going to be -- it's going to be important to just -- I'll respond to these two... |
| 00:39:04 |
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Well, again, while you were on the board of the Woods Foundation, you and Mr. Ayers together,... |
| 00:39:17 |
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That's absolutely not true. |
| 00:39:19 |
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And -- and the facts are facts, and records are records. |
| 00:39:22 |
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That's not the facts. |
| 00:39:22 |
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And it's not the fact -- it's not the fact that Senator Obama choose to associate with a guy... |
| 00:40:03 |
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All right. All right. Let's go to the next topic. And you -- we may want to get back into some... |
| 00:40:33 |
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Well, Joe Biden, I think, is one of the finest public servants that has served in this country. It's... |
| 00:42:34 |
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Senator. |
| 00:42:35 |
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Well, Americans have gotten to know Sarah Palin. They know that she's a role model to women... |
| 00:44:13 |
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Do you think she's qualified to be president? |
| 00:44:14 |
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You know, I think it's -- that's going to be up to the American people. I think that obviously... |
| 00:45:05 |
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Do you think Senator Biden is qualified? |
| 00:45:07 |
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Oh, I think that Joe Biden is qualified in many respects, but I do point out that he's been... |
| 00:46:24 |
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Let's go to -- let's go to a new topic here. We're running a little behind. Let's talk... |
| 00:46:34 |
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Climate change. |
| 00:46:36 |
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Climate change, yes -- has said what both of you have said, and that is we must reduce our dependence... |
| 00:47:09 |
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I believe we can, for all intents and purposes, eliminate our dependence on Middle Eastern oil... |
| 00:48:33 |
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All right. Can we reduce our dependence on foreign oil, and by how much in the first term,... |
| 00:48:42 |
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I -- I think that in 10 years we can reduce our dependence so that we no longer have to import... |
| 00:51:24 |
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Senator. |
| 00:51:25 |
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Well, you know, I -- I -- I admire so much Senator Obama's eloquence, and you really have to... |
| 00:53:09 |
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Let me respond. Actually I understand it pretty well. The history in Colombia right now... |
| 00:55:20 |
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Well, let me just say that -- that this is -- he -- Senator Obama doesn't want a free trade... |
| 00:56:16 |
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All right. Let's go to a new topic, health care. Given the current economic situation, would... |
| 00:56:33 |
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We've got to do both, and that's exactly what my plan does. Look,... |
| 00:58:36 |
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All right. Senator McCain. |
| 00:58:38 |
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Well, it is a terribly painful situation for Americans. They're seeing their premiums, their... |
| 01:00:33 |
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Is that your objective? |
| 01:00:34 |
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So the point is -- so -- |
| 01:00:35 |
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It is -- it is not. And I just described it -- |
| 01:00:37 |
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No, you stated it -- excuse me -- |
| 01:00:38 |
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I just described what my plan is. And I'm happy to talk to you, Joe, too, if you're out there.... |
| 01:00:47 |
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Zero? |
| 01:00:47 |
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You won't pay a fine because -- zero -- because I -- as I said in our last debate -- and I'll... |
| 01:03:29 |
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What about that? |
| 01:03:30 |
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Joe, you're rich. Congratulations, because what Joe wanted to do was buy the business that's... |
| 01:05:33 |
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All right. |
| 01:05:33 |
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-- the size of government has grown by 40 percent in the last eight years. We can't afford that... |
| 01:05:47 |
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All right, a short response. |
| 01:05:49 |
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Very brief. You all just heard my plan. If you've got an employer-based health care plan,... |
| 01:06:25 |
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All right. Let's stop there and go to another question. And this one goes to Senator McCain.... |
| 01:06:46 |
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I would never and have never, in all the years I've been there, impose a litmus test on any... |
| 01:06:53 |
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But you do -- you do want Roe v. Wade to be overturned. |
| 01:06:55 |
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I think it was a bad decision. I thought it was a -- I thought it was a bad decisions. I think... |
| 01:08:23 |
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But even if it was someone -- |
| 01:08:23 |
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-- not legislating from the bench. |
| 01:08:25 |
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Even someone who had a history of being for abortion rights, you would consider them. |
| 01:08:30 |
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I would consider anyone in their qualifications. I do not believe that someone who has supported... |
| 01:08:48 |
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All right. |
| 01:08:49 |
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Well, I think it's true that we shouldn't apply a strict litmus test and the most important... |
| 01:11:25 |
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All right. |
| 01:11:25 |
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-- and that's the kind of judge that I want. |
| 01:11:27 |
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Time's up. |
| 01:11:27 |
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Obviously, that law waived the statute of limitations, which you could have gone back 20 or... |
| 01:12:56 |
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Response? |
| 01:12:57 |
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Yeah, let -- let me respond to this. If -- if it sounds incredible that I would vote to withhold lifesaving... |
| 01:15:16 |
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Let's give Senator McCain just a short response and then -- |
| 01:15:18 |
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Just again -- just again the example of the eloquence of Senator Obama. He's -- health of the... |
| 01:16:07 |
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Let's stop there, because I want to get in a question on education. And I'm afraid this is going... |
| 01:16:46 |
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This probably has more to do with our economic future than anything. And that means it also... |
| 01:18:52 |
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Senator McCain. |
| 01:18:53 |
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Well, it -- it's the civil rights issue of the 21st century. There's no doubt that we have achieved... |
| 01:20:51 |
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Do you think the federal government should play a larger role in the schools? |
| 01:20:55 |
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Well -- |
| 01:20:56 |
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And I mean more federal money. |
| 01:20:57 |
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Well, we have a tradition of local control of the schools, and that's a tradition that has served... |
| 01:23:17 |
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What about that, Senator? |
| 01:23:18 |
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Well, sure. I'm sure you're aware, Senator Obama, of the program in the Washington, D.C., school... |
| 01:23:32 |
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Right. |
| 01:23:32 |
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-- because they wanted to have the same choice that you and I and Cindy and your wife have had... |
| 01:23:40 |
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Right. |
| 01:23:41 |
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-- and that is because they wanted to choose the school that they thought was best for their... |
| 01:25:42 |
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I'll just make a quick comment about vouchers in D.C. Senator McCain is absolutely right... |
| 01:26:02 |
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Who supports vouchers -- |
| 01:26:03 |
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-- who -- who actually supports charters. |
| 01:26:06 |
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She supports vouchers also. |
| 01:26:08 |
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But the -- but -- but here's the thing, is that even if Senator McCain were to say that vouchers... |
| 01:26:47 |
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All right. |
| 01:26:48 |
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Because there's not enough vouchers, therefore, we shouldn't do it, even though it's working.... |
| 01:26:54 |
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All right. Gentlemen, we have come to the close. Before I ask both of you for your closing... |
| 01:27:18 |
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Well, thank you again, Bob, and thanks to Hofstra, and it's great to be with you again. I think... |
| 01:29:12 |
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Senator. |
| 01:29:14 |
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Well, I want to thank Senator McCain, and -- and Bob for moderating. I think we all know... |
| 01:31:08 |
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Senator Obama, Senator McCain, thank you very much. (Scattered applause.) This concludes the... |