This is a rush transcript from "Hannity," March 21, 2012. This copy may not be in its final form and may be updated.
SEAN HANNITY, HOST: And time for our next installment of "The Real Obama." Now since taking office, this administration has traveled the world apologizing for America. And because of this, President Obama has single-handedly helped diminish America's standing in the world.
Now, here are a few examples of the things that he's said. In 2009, while speaking before the United Nations General Assembly, President Obama implied that the U.S. is not a leader in the world. Listen to this.
(BEGIN VIDEO CLIP, SEPT. 23, 2009)
PRESIDENT BARACK OBAMA: Responsibility and leadership in the 21st century demand more. In an era when our destiny is shared, power is no longer a zero sum game. No one nation can or should try to dominate another nation. No world order that elevates one nation or group of people over another will succeed. No balance of power among nations will hold.
(END VIDEO CLIP)
HANNITY: And let's not forget the president's outrageous response when asked about American exceptionalism at the NATO summit in France that same year.
(BEGIN VIDEO CLIP, APRIL 4, 2009)
OBAMA: I believe in American exceptionalism, just as I suspect that the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism.
(END VIDEO CLIP)
HANNITY: And joining me now with reaction, Fox News contributor Liz Cheney.
This is going to be a big issue in this campaign, no?
LIZ CHENEY, FOX NEWS CONTRIBUTOR: It is. And I think it's really important that you played those pieces, that people remember that this president -- it's not just that he's incompetent, which I would say he clearly is. He clearly is intentionally attempting to diminish America's role in the world. And that isn't me saying it, it's what he has said. He doesn't believe any nation should be --
CHENEY: Above the others or dominant. And he certainly doesn't believe America should be. And when you've got a president who's -- not just his words, but his deeds have clearly been focused on a legitimate attempt on his part to try to diminish the power of the United States, that's got to be concerning.
HANNITY: I still can't get over how wrong he was in Egypt with the Muslim Brotherhood rising to power. I mean they were the only -- the only real viable option after Mubarak went out. Now it's happened. Now they've declared Israel their enemy.
HANNITY: And we see what's happening there. And then what he said when he was running, Iran and Cuba and Venezuela, those countries are tiny. They're not a threat.
CHENEY: Yes. No, exactly. And there's no strategic approach, for example, to what's happening in the Middle East. There's no sense of, what do we need to do to secure America's interests. And, in fact, where there does seem to be a strategic approach, you can look at whether it's the cuts in the defense budget, which will make it very, very difficult for us to protect our national security, whether it's this proposal now he's apparently reviewing to cut our nuclear stockpile by 80 percent. You know, at the end of the day, he really fundamentally believes that America should be on the same level as all other nations in the world. And he, unfortunately, is in a position to make that a reality.
HANNITY: All right, I want to play this, and you can set this up for us. We have a cut, it's from an ABC News blog, describing Obama's comments as referring to the 52-minute airing of grievances by Daniel Ortega, which ran through decades of what he said was American imperialism. Let's roll this tape. We'll give you some context.
(BEGIN VIDEO CLIP, APRIL 17, 2009)
OBAMA: To move forward, we cannot let ourselves be prisoners of past disagreements. I am very grateful that President Ortega --
OBAMA: I am grateful that President Ortega did not blame me for things that happened when I was three months old.
(END VIDEO CLIP)
HANNITY: What do you think of that?
CHENEY: Unbelievable. I mean, you know, you don't have time to play for the viewers the screed that went before it, but it was Daniel Ortega in absolutely venom-filled screed lying about America's role in the world and about American history and what had gone on. And to have the president of the United States not feel the need to stand up and say, that was completely out of order, that was wrong, that was rewriting of history, but rather to completely accept it by saying, well, at least he didn't blame me for stuff that happened when I was three months old.
HANNITY: Well, it was also taking the book from what Chavez and -- what about when he said -- and I don't have time to play it right now -- that America's shown arrogance.
CHENEY: Right. Well --
HANNITY: You know, because I look at America, the World War II, America's role in the world beat back Nazi-ism, fascism, imperial Japan, communism, totalitarianism, now terrorism. We've paid a big price -- blood, sweat, financial burden -- for freedom.
HANNITY: He doesn't seem to ever tout our virtue.
CHENEY: No. And, look, I think this isn't a Republican or Democratic issues. This is an issue on which this president is extremely vulnerable, which is why I think you're right, this will be a huge issue in this campaign. No American, regardless of your party affiliation, wants an American president who spends more time apologizing for the nation than he does acknowledging the fundamental goodness of this country.
HANNITY: Do you think he weakens -- that leaders, especially enemies around the world, view him as weak? Him personally.
CHENEY: There's no question. I think the best, for example, you can say about our role right now in the Arab world is that we're irrelevant. And that's the best you can say.
HANNITY: All right.
CHENEY: So it's clearly time for a new -- a new president.
HANNITY: All right, Liz, good to see you.
CHENEY: Thank you.
HANNITY: Thanks for being with us.
CHENEY: Good to be here.
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