• With: Rick Santorum

    This is a rush transcript from "Your World," August 18, 2014. This copy may not be in its final form and may be updated.

    STUART VARNEY, GUEST HOST: Right now, I want to go to former Republican presidential candidate Rick Santorum. He's in Jerusalem showing his support for Israel.

    Rick, I want you to tell us, what do the Israeli people want to hear from President Obama a few minutes from now about Iraq?

    RICK SANTORUM, R-FORMER U.S. SENATOR: Well, right now, everybody here in Israel is -- we're an hour away from the cease-fire expiring, and the talks are hot in Cairo right now.

    There's report that there's an agreement that has been reached, and so we're waiting for confirmation from both sides on this. Neither side has confirmed this. But there have been reports of a cease-fire agreement.

    So that really seems to be the focus right now. I'm in Israel. And I can tell you that tourism is off by about 95 percent. We were in the Old City today, and there's virtually nobody there. It's -- so I think the folks here are focused on the immediate, which is trying to get back to normal life here in Jerusalem and in Israel.

    VARNEY: What is your view of the president's handling of foreign policy in general?

    SANTORUM: Well, I mean, the reason I'm here is because I felt like this was a -- a very sad situation that I'm looking at -- I mentioned the tourism off by 95 percent.

    I think a big reason for that is the way the Americans have handled this, the fact that American Airlines and the FAA talked about ending flights coming here to Israel, the safest airport in the world. We flew in today. I felt very safe. We feel very safe being here in Israel.

    But the United States sent a very bad signal, which was very damaging to the state of Israel and very helpful to Hamas, put them in the driver's seat by really hampering tremendously the Israeli economy.

    So that is just one instance where the president's policies were detrimental to the state of Israel and the struggle, and the continuing call from the very beginning for Israel to back off, when what they're simply trying to do is stop Hamas from firing rocket after rocket after rocket into southern part of Israel. I'm planning to go there tomorrow to examine that and see what is going on there.

    And it's -- again, it's just -- the Israelis are feeling like -- like the United States government, which has traditionally been at least an honest broker, if not being supportive of them, is really weighing in on the other side. And I think this goes as a consistent policy where the president has been on the wrong side of these conflicts.

    VARNEY: Well, Rick, hold on a second. Rick, is there...

    (CROSSTALK)

    SANTORUM: We see the Muslim Brotherhood in Egypt a good -- another example.

    VARNEY: Rick, is there a feeling in Israel that Netanyahu was restrained, that he didn't go far enough, he didn't finish the job in Gaza, and that he was restrained by America's foreign policy, specifically President Obama?

    SANTORUM: Oh, I don't think there's any question that not having the president stand solidly by his side and having, unfortunately, the predictable response from the international community of banging -- beating up on Israel made it much harder for them to prosecute this -- this action, which was absolutely warranted to protect Southern Israel, and probably has cut short what could have been a much more devastating blow to the Hamas and Gaza.

    VARNEY: Rick Santorum joining us from Jerusalem, thanks for joining us, Rick. We appreciate it. Thank you very much, indeed.

    SANTORUM: My pleasure. Thank you, Stuart.

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