• This is a rush transcript from "Your World With Neil Cavuto," September 29, 2009. This copy may not be in its final form and may be updated.

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    ANNOUNCER: Working for Bush, he went soft on corporate crime, refusing to indict companies that ripped off the American public.

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    (BEGIN VIDEO CLIP, CAMPAIGN AD)

    ANNOUNCER: Christie would cut health care coverage, including mammograms.

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    (BEGIN VIDEO CLIP, CAMPAIGN AD)

    ANNOUNCER: If you were caught speeding in an unregistered car, would you get away without points? Chris Christie did.

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    (BEGIN VIDEO CLIP, CAMPAIGN AD) ANNOUNCER: When they demanded the truth, Chris Christie got up and left.

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    ANNOUNCER: Chris Christie, Bush's friends, Bush's policies. Bad for New Jersey.

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    NEIL CAVUTO, HOST: That is what is going on New Jersey — the race for governor getting downright nasty and dirty in the Garden State — Republican Chris Christie taking a pounding on TV, but not at all in the polls.

    He leads incumbent Governor Jon Corzine by eight points, which has got the governor and former Goldman Sachs superstar spending and now the White House following. So, why isn't Chris Christie worried? I'm going to ask him.

    By the way, we did invite Governor Corzine on to the show. He declines. The last time I actually chatted with him was that — that bad scene that looked it was out of "Flashdance." Now, I promised him, next time, we would be indoors. So far, no luck, but hope, like the sun, springs eternal.

    All right, Chris, good to have you.

    CHRIS CHRISTIE (R), NEW JERSEY GUBERNATORIAL CANDIDATE: Oh, happy to be here.

    CAVUTO: Nasty stuff, the ads.

    CHRISTIE: Listen...

    CAVUTO: What do you think of it?

    CHRISTIE: Listen, it's typical Jon Corzine. That is what he did when he ran for the Senate in 2000 against former Governor Florio in a primary and against Bob Franks in a general, what he did to Doug Forrester four years ago, and what he's trying to do to me now.

    I knew it was coming. I told everybody in February that he would get in the gutter. That is the kind of campaigner he is. But we have broad shoulders. And we're ready to talk about the real issues the people of New Jersey care about.

    CAVUTO: But he has got the money. And there was this view among many of your Republican colleagues that, boy, when he starts unloading with that money, we are worried because, right now, we don't have — you, that is — nearly the amount of money. And — and you are campaigning on Facebook and Twitter by comparison.

    CHRISTIE: Oh, we never...

    CAVUTO: Not good.

    CHRISTIE: Yes, we never will have the amount of money. But we're up on network television now. We're advertising, you know, very heavily, and will be right through Election Day. We're going to have the maximum amount of money we can have, which is $11 million into the public financing...

    (CROSSTALK)

    CAVUTO: He is limitless, though.

    So, that — one figure I heard, Chris — and I could be wrong — that he has five ads for every one of yours.

    CHRISTIE: That is what it was over the summer. It is not that way now. It is a much, much smaller ratio now than it was then. But, over the summer, we were not spending any money.

    CAVUTO: All right.

    Now, he brings the big gun in, the president of the United States. The president is very popular in New Jersey, maybe not as popular as he is across the country, but he's still a big draw. Are you worried?

    CHRISTIE: No, because the people of New Jersey know that Jon Corzine's failed policy has led to the highest unemployment in the region, the highest tax burden in America, the worst property taxes in America.

    And there's nothing President Obama can say in the last five weeks to make that go away. They have lived that failed governorship. And they need change. And I'm the change that we're going to have.

    CAVUTO: All right.

    What always happens in a race where the incumbent is unpopular, that, sometimes, they don't know a lot about the guy challenging him. You're respected for your prosecutorial work and all that, but new details emerge on you, and then they start picking you apart. And they say, well, would you rather this guy than the guy you know?

    And you are going to be defined to things like, well, scandals, and special sweetheart deals, and people are going to scratch their head and say, well, maybe I should just go to the dance with the girl who brought me here.