• With: John Sununu, Bill Richardson

    This is a rush transcript from "Hannity," October 25, 2012. This copy may not be in its final form and may be updated.

    (BEGIN VIDEO CLIP, JULY 27, 2004)

    THEN-SENATOR BARACK OBAMA: There is not a liberal America and a conservative America, there is the United States of America!

    (CHEERS AND APPLAUSE)

    There is not a black America and a white America and Latin America and Asian America, there's the United States of America!

    (CHEERS AND APPLAUSE)

    (END VIDEO CLIP)

    (BEGIN VIDEO CLIP, JUNE 5, 2008)

    OBAMA: You don't deserve a bunch of name calling.

    DELEGATES: No!

    OBAMA: You don't deserve a bunch of mudslinging.

    DELEGATES: No!

    OBAMA: You don't deserve a bunch of Internet rumors and scandal mongering.

    (END VIDEO CLIP)

    (BEGIN VIDEO CLIP, AUG. 28, 2008)

    OBAMA: Because if you don't have any fresh ideas, then you use stale tactics to scare voters.

    (CHEERS AND APPLAUSE)

    OBAMA: If you don't have a record to run on, then you paint your opponent as someone people should run from.

    (END VIDEO CLIP)

    SEAN HANNITY, HOST: That was Senator Obama's message to voters before the 2008 election. But over the course of the past four years, he's either gone through a dramatic transformation, or he simply wasn't telling us the truth while he was running for office. Because nowadays, all he sees are red states and blue states. All we hear are distortions about Romney's record.

    And to be sure, the president is doing plenty of name-calling out there on the campaign trail. Now, as a matter of fact, during a recent interview with Rolling Stone magazine, he called Governor Mitt Romney a, quote, "BS-er" -- only he said the actual word. So much for "President Civility"!

    Here with reaction to the R-rated president's brand-new tone of desperation, former New Hampshire governor, Romney adviser, a one-man Romney-supporting wrecking crew, John Sununu, and the former New Mexico governor, Obama supporter, Bill Richardson.

    You know, I listen to this, Governor -- what -- what are we hearing about? We're hearing about binders, Big Bird, bayonets, Romnesia, anything but Obama's record of $6 trillion in debt, 25 million underemployed, 17 million new Americans needing food stamps, 49 million Americans on food stamps and 1 in 6 Americans in poverty in America.

    What happened to "President Civility"? Where did he go?

    JOHN SUNUNU, R-FMR. N.H. GOVERNOR: Well, look, that moment of using the BS word was kind of a self-defining moment for the president. No class. Wants to be cool. Sacrifices being -- you know, the dignity of the presidency for appearing cool to a magazine that works for some of his base.

    I think it really hurts him. I think when people think about the fact that he has screwed up this economy and failed to rebuild it, that he wants to gut defense and now he is clearly not the guy you want as a role model for your kids our your grandkids. The president's beginning to panic.

    HANNITY: Governor, I mean, this is beneath the dignity of the office, isn't it? Aren't you a little embarrassed? I mean, the president of the United States -- Big Bird, Romnesia, BS-ing. Isn't that beneath the dignity of the office, Governor?

    BILL RICHARDSON, D-FMR. N.M. GOVERNOR:  No.

    HANNITY: No?

    RICHARDSON: This is a very heated race.

    HANNITY: No?

    RICHARDSON: Right now...

    (LAUGHTER)

    RICHARDSON: Right now -- look, I want to see my friend John Sununu get out of this one. Colin Powell, Republican...

    HANNITY: I'm not asking you about...

    RICHARDSON: ... former secretary of state...

    HANNITY: Wait! Stop with this! Governor, wait a minute! You...

    (CROSSTALK)

    HANNITY: We've been friends a long time! I asked you a question! The president of the United States -- that was a message to a 6-year-old girl that Mitt Romney is a BS-er! This is a guy that said when you don't have big ideas, you start smearing people.