This is a rush transcript from "Hannity," August 15, 2012. This copy may not be in its final form and may be updated.

SEAN HANNITY, HOST: And it's time for our next installment of "The Real Obama." Now tonight, ever since Governor Romney tapped Congressman Ryan to be his running mate, the president and all of his liberal friends have been trying to paint the pair as radicals. Now, here are just a few examples to prove my point.

(BEGIN VIDEO CLIPS)

REP. DEBBIE WASSERMAN SCHULTZ, D-FLA., DNC CHAIR: As a member of the Budget Committee myself, I've really had a front-row seat to witness the architect of the Romney-Ryan budget, Paul Ryan, embrace extremism.

Paul Ryan has embraced an extremist proposal.

DAVID AXELROD, OBAMA SENIOR CAMPAIGN ADVISER: I really didn't think that Governor Romney would go so far to satisfy the most strident voices in his party that he would pick, someone who is so demonstrably a right-wing ideologue.

(END VIDEO CLIPS)

HANNITY: All right. But here's our question for you tonight. Who are the real radicals in this race? Is it the ticket that has the courage to propose bold ideas getting us back on track and creating jobs? No, that's radical?

Well, what is radical is a president who blames all of his problems on somebody or something else and also makes promises that he cannot deliver on or keep.

Now, remember when Obama promised the unemployment rate, we drop below eight percent? Well, the numbers don't lie, Mr. President. The unemployment rate sits at 8.3 percent. And let's not forget, it was Obama who called President Bush irresponsible and unpatriotic for increasing our national debt. But it is his administration that added almost $6 trillion to the deficit. That's $6 trillion in new Obama debt.

Now, this president has no plan or vision, just a bunch of empty promises that the American people are not buying anymore. Hence the campaign we have, dirty tactics.

Joining me with reaction, Fox News contributor, nationally syndicated radio talk show host Leslie Marshall. The co-host of "The Five," Kimberly Guilfoyle.

You know, all of this dirt, all of this slime that is coming out at the White House is for one reason. We have fewer Americans working and we have a president that gave us $5 trillion in new debt to get here. That's what this is about, Leslie. And very few on your side have the moral courage to condemn it. Why?

LESLIE MARSHALL, RADIO TALK SHOW HOST: Well, I don't think that you need moral courage and I don't think this is condemnation. If you are going to talk about radical and you say there are no new ideas, Mitt Romney said the president doesn't have any fresh ideas, I have haven't heard fresh ideas from Mitt Romney. Mitt Romney's radical, Sean, will say anthing to get a vote.

(TALKING OVER EACH OTHER)

HANNITY: Wait a minute. Repeal ObamaCare -- lower taxes.

MARSHALL: Pro-choice to pro-life?

HANNITY: Well, I'm giving you ideas. You are not listening. Energy production in the country. Eliminate health care. Bring in government spending --

MARSHALL: Not eliminate health care, replace it. With what?

HANNITY: Repeal ObamaCare, you know, let's not split hairs here. So, he is giving a plan, he has seven points that he's repeated over and over again. You don't want to hear them. But very different from the debt and the deficit this president is creating, the very thing he called Bush unpatriotic for.

KIMBERLY GUILFOYLE, CO-HOST, "THE FIVE": Well, it's ridiculous. I mean, look at his record. Whether you look at his ideology or you look at his record, both are abysmal, fail him out of the class and step him right out of the White House. That's why there is a real choice to be made here. Because his policies are anti-business, they're non-pro-growth. The most anti-business and non-pro-growth in modern times.

I mean, you look at the record here. It is absolutely a complete failure on all across all fronts. Look at the long-term unemployment. You put up the number there, 8.3 percent. How is that winning? He's the one that person that said, if he doesn't fix these numbers, then you know, put him out of office. Take him for his work, hold him accountable.

HANNITY: Here's what's bothering me, Leslie. You know, something? These are not just numbers. You know, nearly $6 trillion in new Obama debt, why don't you take a sledgehammer?

MARSHALL: Right.

HANNITY: And steal every penny that our kids and grandkids have.

MARSHALL: He's just getting started.

HANNITY: Forty nine million Americans in poverty. You know, one in six Americans, 25 un-and under-employed. Fewer Americans working. And he wants to talk about, you know, Romney the murderer, Romney the felon, Romney this, Ryan, the radical. Who is radical here? The guy that hung out with Ayers and Wright? Who's the radical in this race?

MARSHALL: I don't think the president called, if my recollection, it was a super PAC, not the president that called Romney a murderer, which and I many other liberals condemn --

HANNITY: He called George Bush unpatriotic.

MARSHALL: That is his opinion, and he's entitled to it.

HANNITY: If I called Obama unpatriotic -- what would you say to me? You and every liberal in the country would condemn me.

MARSHALL: No, I wouldn't. It will depend on what you --

HANNITY: All your liberals friends would.

MARSHALL: Well, some of my liberal friends would but --

(TALKING OVER EACH OTHER)

HANNITY: Media Matters comments of the day.

MARSHALL: For you to say blame. For you to say blame, the president -- yes, I have said, I don't like when people blame somebody else. Let's move on and accept responsibility --

HANNITY: The kiosks, the tsunami, the ATM machines.

MARSHALL: Now he's having fun.