Glenn: Rudy Giuliani, welcome to the program, sir.
Mayor Giuliani: How are you, Glenn?
Glenn: I am so sorry for the problems of getting you on the air today.
Mayor Giuliani: Not at all.
Glenn: I know you're a busy man in Florida. How are you feeling?
Mayor Giuliani: I feel terrific. We're getting out to pump and doing everything we can to pump up the vote and get people out.
Glenn: Tell me what you think this million people who have already voted and they voted early, what do you think that's going to mean for you, in comparison to the polls?
Mayor Giuliani: I think we're going to come in with a lead and I think our job today is to get out the rest of the votes. We've been campaigning here all during that two-week period of early voting. We've been concentrating on the places where we thought we would get the maximum vote. We're pretty satisfied. We did that well. So, we think we're going to really surprise people today.
Glenn: Are you frustrated at all that America has such a short attention span that -- I just saw a report yesterday, they said, well, people aren't thinking about the war on terror and so maybe that explains Rudy Giuliani. I'm thinking, now, like that war on terror thing, these never going to rear its ugly head again. Are you frustrated that people just don't focus on --
Mayor Giuliani: Well, I think it's almost understandable. I mean, it has been a while. Things are going pretty well. You know, you look at Iraq, maybe the reality is that some of the success in Iraq has taken some of the attention off of it, but it's good there has been success in Iraq. I thank God for that and it's time to switch to the economy and we've got a very strong record on the economy. I'm the only one of the republican candidates who's actually turned an economy around and turned it around with the with kind of pro-growth principles that we're talking about for America. The largest tax reduction in American history, one page tax form, reducing government spending. Those are all the keys to economic progress.
Glenn: What do you think about in the State of the Union last night, President Bush said I'm going to sign an executive order tomorrow where he's saying, I'm going to get rid of all these earmarks unless they're debated on the floor and voted on the floor, I'm going to make sure has no Federal agency actually spends any of that money and I thought, gee, if you can really do that, why didn't you do that before?
Mayor Giuliani: Yeah. I'm not sure I know exactly how that can be done. The reality is, I think he's talking about if it hasn't been actually designated clearly enough, but if it's passed --
Glenn: He said it was -- he said if it was in -- if it was put in during committee and not actually voted for on the floor, he said he's now going to be able to burry in. I thought, that would make the line item veto irrelevant. Why have we been arguing about the line item veto all this time?
Mayor Giuliani: The line item veto goes to something that's actually passed. Then you have to separate the -- so, I'm not sure I know exactly the technicality the president is talking about. It sounds like he's talking about something that actually isn't in the legislation but it's in some committee report.
Glenn: What would you do -- let me switch to the economy here for a second. What would you do with the people in Florida who got into bad loans and, you know, now they're sitting there and they're ready to lose their house? What do you as the President of the United States of the Federal government, what do you do?
Mayor Giuliani: I think we have what secretary parson has suggested makes the most sense, which is to urge lending institutions to be on a voluntary basis, where they can, where they can stretch it a little to see if they can give people more time to stretch out interest rates, but you can't mandate that because we've got a private economy and people make these deals and you kind of have to live with them.
Glenn: You know, the flip side of that, I mean, because honestly, mayor, when it comes to private versus public, I think you're one of the best candidates running. With that being said, though, I mean, you know, I've talked to some of the leaders of these major institutions. You have, too, I'm sure, these banking institutions. Jim Cramer was on television last night saying he believes this latest Fed cut is going to be shown to come after a phone call from a major U.S. bank says you don't cut that Fed rate today, we're going to close our doors today. We can't make it. You're not going to be able to float anybody because they're holding on by the skin of their teeth as it is.
Mayor Giuliani: I mean, the Fed has done a good job of dealing with this and it is a very difficult situation, but, I mean, the reality is the most important thing that can be done are these permanent changes like to the tax code, reduction of government spending. These are the things that pop up in economy and move it in the right direction, start to make it an economy that is moving because of the money in the private economy. When you think about it, when the Fed is lowering an interest rate, what it's doing is it's creating more liquidity. It's putting more money into the economy. The same thing happens when you reduce the tax except if happens from physical policy.
Glenn: Last year I saw the state of the union. They were talking about health care and about four people applauded when he says, We've got to get rid of these frivolous medical lawsuits.
Mayor Giuliani: I think that's one of the major overriding issues of the day, to deal with frivolous lawsuits. I think it creates a tremendous burden on our economy, a tremendous burden on health care, it creates all of this medicine, which is good medicine. It would be one of the most important things we could do. It, also, Glenn, would help the economy. A tremendous amount of money is taken out of our economy and a tremendous that is created by these frivolous lawsuits.
Glenn: But, you know as well as I do, mayor, that the special interest group on Capitol Hill with the attorneys is insane. How would you actually get that done?
Mayor Giuliani: How do you actually get it -- you've got to go to the American people. How you do it is go to the American people and get them on your side. Look what the American people did with the comprehensive immigration bill. That was all lined up to get past and the American people spoke and then many members of Congress who were in favor of it changed their mind. Well, think of the opposite way. You want to do tax reductions, you want to do permanent tax reduction, reductions in spending. You've got to go out and explain it to the people, get them on your side and have them become the levers that you need in congressional relations.
Glenn: What do you say to those people who are -- and we've seen it in polls, we've seen it in state after state -- who are now voting for who they think is going to win. They're voting for who's leading in the polls instead of going out and just making up their mind and saying, I don't really care, this is the guy I believe in? What do you say to those people?
Mayor Giuliani: Well, what I say is vote for the candidate you believe would be the best candidate. That's the way it should work. Apparently voters in New Hampshire didn't think that way. Otherwise, Obama would have won and not Hillary. Right? I think people do have their own minds. I think people of Florida understand this is a really important election for them. Our message has been very much focused on them for the last three weeks, including the need for tax reduction and the one page tax law and the national catastrophic fund, things like that. So, I think we're going to do well.
Glenn: Mayor Rudy Giuliani, thank you so much and --
Mayor Giuliani: Thank you very much. Talk to you soon.
Glenn: Best of luck to you. Bye Bye.