GLENN: Senator McCain.
SENATOR McCAIN: Glenn, how are you?
GLENN: I'm very good. How are you?
SENATOR McCAIN: Glad to talk to you again, Glenn.
GLENN: Are you tired yet? Are you ready for this to be over?
SENATOR McCAIN: No. It's so exciting. I was in Boxville, Pennsylvania last night. We had 5,000 people show up yelling, screaming. I'm telling you, it fires you up. I'm telling you, it just fires you up.
GLENN: I tell you, I feel fired up myself. I feel fired up with the -- I think America is finally addressing who Barack Obama really, truly is. This man is frightening with the tapes that have come out recently of him espousing Marxist ideas and talking about how the Constitution really needs to be changed.
SENATOR McCAIN: It's remarkable some of the things that he said, and I've got to -- listen, if there's one man that I'm grateful to in America today, it's Joe the plumber was standing out in his driveway.
GLENN: Oh, boy.
SENATOR McCAIN: Obama came through the neighborhood. I can't tell you the number of signs, Rose the florist, Ralph the landscaper, now all of these people show up carrying their signs. But it really is. It's the classic left liberal redistribution of the wealth. I mean, that's all it is. I mean, everybody's the -- yeah.
GLENN: Do you really think it is only that? I mean, this is so far beyond Ted Kennedy. When you have in 2001 Barack Obama saying that the Supreme Court, "Didn't break free from the essential constraints that were placed by the founding fathers in the Constitution when it comes to redistribution of wealth," we're not talking about the typical liberal. This is way beyond.
SENATOR McCAIN: Oh, yeah. It's very, very left. Very, very left. But, of course, that's why he's the most liberal senator in the Senate. That's why you continue -- that's why he opposed and won the filibuster, Alito and Roberts. I mean, every indication of his record is from the far left and again, it's scary -- no, it's not scary. It's just disturbing. Let me add nothing is scary in this world because I believe in America and I believe the fundamentals of America is, you know, that Americans will put checks and balances on anybody, but it is very, very disturbing to see that he has these kinds of views which have been tried in other countries and failed.
GLENN: Okay, let me be frightened for you. I have to tell you, Senator McCain, in my business I have never seen anything like what this media has done to you, your campaign, Sarah Palin, and allowed Barack Obama and Joe Biden to get away with. There was a serious reporter. She was an assistant to Peter Jennings. Barbara West in Orlando, she asked a serious question. They have blackballed her. I am wildly concerned about the Fairness Doctrine coming back in and our freedom of speech being crushed. How is that not a frightening idea?
SENATOR McCAIN: Well, if you re -- try to reinstate this Fairness Doctrine, it will kill Glenn Beck, it will kill every program that has any controversy associated with it. Willing there's no doubt about that. But how about this card check thing where he supports that a union organizer can come to a person's home and say, hey, I want to sign you up to a union, right, okay? They are going to take away the secret ballot for people as far as where they want to join unions. This is a far left agenda that's being pursued and so as far as the media's concerned, I think what was terrible is them pulling their ads. If you don't ask the right questions, we'll pull our ads and we'll deprive you of revenues. That's a remarkable problem.
GLENN: There's a story in The Wall Street Journal today about the labor unions. One study shows that the policies of the new deal extended the Great Depression. The other article today is about the Supreme Court. They decided in April of '36 to extend the Wagner Act which was pro union. They say that it went into another Depression within a Depression. The job levels went plummeting, started to disappear, unemployment moved back to 1931 levels. With this card check this is going to totally change the foundations of business and drive business into the ground, and Obama said in 2006, quote, "I owe these unions." He said this in the "Audacity of Hope". "When their leaders call, I will do my best to call them right away. I don't consider this corrupting in any way."
SENATOR McCAIN: Well, he's been frank about that and it's too bad that we haven't seen more of the actual facts. And again I have seen, especially on judges, Senator Obama take the most extreme positions and that, of course, as you say, Supreme Court decisions matter. The nominations are probably one of the most important parts of any presidency, and you tell me why Justice Alito and Justice Roberts should have been filibustered. And I've got to tell you, Glenn, I voted for Breyer and Ginsburg. I voted for them because President Clinton was elected and they were qualified. Ideologically I didn't agree with them but they were qualified. And in the case of Roberts and Alito, they were more than qualified and I was enthusiastic in both cases and he wanted to filibuster them on ideological grounds. Do you see what I mean?
GLENN: I do see what you mean. Tell me what you think this means. Yesterday we were listening to the tape of Barack Obama and he was talking about, you know, monetary equity and he was talking about the redistribution of wealth but then he went on. He also had a line, and I didn't -- I said, we've got to look into that. We looked into it overnight. He also said about justice in the courtroom needs to be looked at. He said in 2007 at a conference of Planned Parenthood, "We need someone who's got the heart, the empathy to recognize what it's like to be a young teenage mom. The empathy to understand what it's like to be poor or African-American or gay or disabled or old, and that's the criteria by which I'll be selecting my judges." Will justice be no longer blind?
SENATOR McCAIN: You know, again that's so disturbing. We should have justices that judge, only render their decisions based on one principle alone and that principle and no other and that is the Constitution of the United States of America and that's what our founding fathers had in mind, and the whole basis of our philosophy of government is that we have empathy for all of our citizens. Our judges should interpret the Constitution of the United States strictly and that's -- when they haven't, that's when we've gotten in trouble. You cited cases back in the Thirties. I can cite you cases far more recently than that, my friend.
GLENN: Senator McCain, I hear people actually write me, say to me -- I have a sister who said to me, "You know what, what's the big deal with socialism. So what. He's socialist. Why is that bad." Could you please explain why socialism is bad?
SENATOR McCAIN: It doesn't work, number one. It's been tried many times. Second of all, redistributing the wealth creates disincentives to entrepreneurship, capitalism, small business, free enterprise. If people know that their hard earned -- the fruits of their hard earned labor are going to be taken from them and given to others, then they are obviously going to have disincentives to work. The fundamentals of the free enterprise system is that less government is the best government. Now, there are times for government, in emergencies, in wars and, you know, many other areas where we can interpret it, but the fact is that government should let free enterprise, small business and capitalism function and, of course, it has to be -- has to have regulation. Of course there has to be transparency. Of course Teddy Roosevelt was right where he said unbridled capitalism leads to corruption. But let's not take people's hard earned money that they worked to save and pass on to their children or build their businesses, let's not take it away from them and give it to others. That's -- socialism is antithetical to progress and job creation and wealth, progress for all of society.
GLENN: If Teddy Roosevelt was right, then wouldn't those who were involved in corruption, shouldn't they go to jail?
SENATOR McCAIN: Yes, yes.
GLENN: Okay. So really all you need is a law, or in our case right now shouldn't the people that were engaged in nefarious -- look, let me be real honest with you. Aren't the bigger culprits or at least the same size of culprits not just in Wall Street but also in Washington D.C., isn't Barney Frank, isn't Dodd also responsible for what we're going through right now in this kind of justice, if you will, that they wanted to serve by helping people, you know, get houses that they couldn't afford and expanding and expanding and expanding?
SENATOR McCAIN: Absolutely. And they need to be held accountable and I hope on November 4th would be the first time, although given the districts and states they represent, that's going to be hard. But over time there should be hearings and there should be investigations and there should be accountability. And again, I am not a libertarian, Glenn. I believe there's a role for government. I believe our regulatory agencies need to be strengthened and consolidated and we need transparency and we need all of those things. And we need accountability. But to say that you're going to take money from one group of Americans who have worked hard all their lives and saved and invested and done the things that we want everybody to do and taken and give it to another group of Americans is wrong, and it's harmful and it will damage our future and that's really the huge difference right now between myself and Senator Obama, and I think the American people are beginning to figure that out.
GLENN: Senator McCain, I hope this is -- this may be, because of the election, the last time that we speak. I hope this is not the last time we speak, sir.
SENATOR McCAIN: We'll be talking, my friend. You're too colorful.
GLENN: You know, you always say something -- I think he just slammed me. I think he just slammed me.
SENATOR McCAIN: No. You generate debate and discussion in America, and we need it. We need debate and discussion, whether you and I or others disagree, we need healthy, respectful debate and that's what you generate in America, Glenn, and I'm proud of ya.
GLENN: I appreciate that, sir. I will tell you that I hope that America can count on your support for the Fairness Doctrine, against the Fairness Doctrine for a long time.
SENATOR McCAIN: Not to worry.
GLENN: Thank you, sir.
SENATOR McCAIN: I have done that for a long time, my friend. Thank you, my friend. Talk to you soon. Bye.