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Detailed text transcripts for TV channel - CNN - 20110125:02:01:00

Detailed text transcripts for TV channel - CNN - 20110125:02:01:00
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Detailed text transcripts for TV channel - CNN - 20110125:02:26:00

iran should, however, feel that if they do become a nuclear power we might take military action if they become a nuclear power. it's the only way in which we're going to gain leverage over them in order to get them to be more reasonable about inspections. i think the fact that think think we will not take military action makes them a lot bolder. >> you recently went to paris with several other republicans. >> right. >> and you talked with an iranian opposition group called mujahedeen ihad. and you got some flak for that. >> i did. >> i don't think i would give you flak for that, because i saw the benefit of the blair government talking directly to the ira. not perfect, but certainly better than what was going on before. do you believe fundamentally that america should be doing more of these trips? >> absolutely, absolutely. and the group that sent us there is a group that supports lifting the sanction against them that was placed on by the clinton administration describing them as a terrorist group.

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Detailed text transcripts for TV channel - CNN - 20110125:02:16:00

>> can you honestly say that? >> yes. i actually did it. when i became new york city, i had a $2.4 billion deficit. and everybody wanted me to raise taxes. i said if i raise taxes, i'll drive people out of new york city, and then i'll be raising taxes again. so what i did is cut expenses by 15%. i cut everything but the police department, because i had too much crime. i put schools. very unpopular. i cut every single thing. things i thought were good, things i thought were bad. he has got to cut federal spending to the level of realistic federal revenues. and there is plenty of cutting to do. he could cut 10, 15%. and he's got to go into nondiscretionary spending, because it's out of control. >> what is your view, i mean you took on wall street when you were the mayor. you took on mayor when you were an attorney. at the moment it seems to many people in america that the bankers having been build a out with taxpayers' money, the first chance they've got, they've just got back in the trough and filled their snouts with millions of dollars of bonuses.

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Detailed text transcripts for TV channel - CNN - 20110125:02:37:00

and yet you've got to show calm and you've got to show leadership. and inside you must be turmoil. >> i think i remember how i did it. the first time i got emotional, the first time i realized how terrible it was, how bad it was, i was right below the north tower. police were telling me to look up because things were falling down and they were afraid it was going to hit us. and i realize it wasn't things falling down, it was a man throwing himself out of the 101st floor. my emotions, i can't tell you what they were. i just froze. i said to myself this is the worst thing i have ever seen. this is the worst situation i'm ever going to face. and then i said to myself, i can't think about that right now. all i can think about is what is the most effective way to handle it. what is the safest thing to do to help these people. let me just focus on my job, the next step ahead. >> one of the initial press conferences you were asked about the death toll. and i want to play you a bit of footage of what you said. >> the number of casualties will

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Detailed text transcripts for TV channel - CNN - 20110125:02:39:00

of the attack and not knowing if there would be five other attacks, listen to what they said. my instinct, which is good and bad is to run to the scene of the -- i remember when there was first anthrax was found in new york a month later. it was at nbc. and the first thing i rushed up there. >> you rushed towards the anthrax? why would you do that, rudy? >> my staff used to then tease me and say oh, gee, we have a little more anthrax. why don't we rush there, why don't we rush here? why don't we rush there. >> but isn't it very, very important in the modern media age when everyone is looking for figureheads and leaders to emerge. >> i think so. >> i can remember. i was in a newsroom of the daily mirror in england which i was the editor of, and i remember in the chaos seeing you appearing. and it was comforting that somebody was taking charge of this. and the message going out was america will not be beaten by this. >> i believe that. that's my view. there are other ways to look at it. there are people who criticized me for rushing down there.

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Detailed text transcripts for TV channel - CNN - 20110125:02:17:00

>> well, i have to tell you, i have a different view of bonuses, as mayor bloomberg probably does. bonuses balance my budget in new york city. the bigger the bonuses on wall street, the more money i had to spend on poor people. the new york city budget is determined greatly by the bonuses given on wall street. >> really? >> we collect taxes. absolutely. we collect taxes on it. it puts a lot of people to work. the bigger a bonus that someone gets on wall street, the bigger present they buy, the more people that work in restaurants and hotels. >> i get that argument. but the problem with it is, it was the very bankers who brought this country to its knees. the bonuses seem a reward for failure. >> they're not. some lost money, some have gone to jail. the fact is when you have a society that creates great wealth, you have a society that has a tremendous amount of social mobility. america was the most capitalist country in the world for the last 100 years. is there any country in the world that has more social mobility than the united states? is there any country that has

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Detailed text transcripts for TV channel - CNN - 20110125:02:42:00

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Detailed text transcripts for TV channel - CNN - 20110125:02:38:00

be more than any -- any of us can bear ultimately. and i don't think we want to speculate on the number of casualties. the effort now has to be to save as many people as possible. >> why did you say that? >> i thought if i said a number like 12,000, it would -- it would just create even more fear, more shock, possibly even panic. and i wasn't sure it was correct. intuitively, it seemed like the number was high. but who the heck knew? i didn't know. so i thought that was the best thing to do. >> if you had been president bush, would you have ignored all the advice not to come back and just come back to new york, do you think? if you had been the president? >> being the president is very different because there is a whole obligation -- you got a whole country to run, and you got to be careful. >> and you are the commander in chief. you can supersede. >> i honestly don't know what i would have done as the president of the united states, whether i would have tried to overrule them, or at that particular moment not knowing the gravity

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Detailed text transcripts for TV channel - CNN - 20110125:02:25:00

people that iran and north korea clearly had better capability. >> no, no, that's in retrospect. every single intelligence report, including the ones that went to the uk, united states, germany said that saddam had weapons of mass destruction. >> but it was wrong, that intelligence. >> it was all wrong, but every bit of it said it. if you had asked me on september 10th does saddam hussein have nuclear weapons, and i called up president clinton who was then out of office and asked him, he would have told me yes. if i called up president bush he would have told me yes. i if i called up tony blair, he would have told me yes. if i talked to the fbi or the cia, they would have told me yes. so i would have believed that he had weapons of mass destruction, just like everybody else. >> but it would be a mistake, wouldn't it, to invade iran now? >> would it be a mistake to invade iran right now? >> using the same yardstick of argument that you used with saddam hussein? >> i think it would be a mistake right now to invade iran. >> and i'm assuming north korea presumably? >> north korea is a different situation. we can talk about different things involving north korea.

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Detailed text transcripts for TV channel - CNN - 20110125:02:46:00

rudy, you appeared on "saturday night live" a few weeks after 9/11. i want to remind you of what you said on that show at a the time. >> having our city's institutions up and running sends a message that new york city is open for business. "saturday night live" is one of our great new york city institutions. and that's why it's important for you to do your show tonight. >> can we be funny? >> why start now? >> that ironically was one of the funniest lines i've ever heard on that show. it was great line. everything about that was great. the world was waiting for something like that. everyone needed to know it was time to not move on, but to get a grip and say right. america is not beat. >> it's true.

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