This is a rush transcript from "The Five," March 26, 2012. This copy may not be in its final form and may be updated.
GREG GUTFELD, CO-HOST: It was 1984 when Wham gave us "Careless Whisper." And like other Wham hits, George Michael didn't write this one alone. His cohort Andrew Ridgeley helped and was never heard from again.
It's no wonder, because the song foresaw a future administration who's M.O. seems to be one careless whisper after another. It's all about hiding police from Americans who are too stodgy to embrace Obama's progressive ideas, which is why when meeting with Russian President what's his face, Mr. Obama had to whisper a promise, one banking on his re-election. It got picked up by a hot mike. But who hasn't?
Here, our president vows more flexibility when it comes to our security.
(BEGIN VIDEO CLIP)
PRESIDENT BARACK OBAMA: This is my last election. After my election, I have more flexibility.
RUSSIAN PRESIDENT DMITRY MEDVEDEV: I understand. I will transmit this information to Vladimir. I understand you.
(END VIDEO CLIP)
GUTFELD: So, he'll have more flexibility, perhaps when he's a pundit for MSNBC or maybe he was referring to his new stretch class. It's great for bowing.
My guess is he's saying what we all think that if he wins, you'll see the real Obama, the one who isn't as keen on American interest as being the world's most progressive action figure.
And he is right. Our national security is a nonissue once the American public is out of the way. It makes you wonder what else he's going to give up now that accountability is gone.
But, ultimately, how will America take President Obama's betrayal? Well, to quote George Michael, "I should have known better than to cheat a friend. And waste a chance that I've been given. So I'm never going to dance again, the way I danced with you."
GUTFELD: Serious --
ERIC BOLLING, CO-HOST: For the record, I have never been picked by a hot mic.
GUTFELD: I don't know. I have some pictures.
Hey, Dana, this is kind of weird, right? I mean, he got -- he used a public forum to deliver a message through a puppet to Putin. Isn't that --
DANA PERINO, CO-HOST: I'm just totally baffled.
PERINO: Because I don't understand, they had been in a private meeting. If you wanted to deliver some sort of message, then he could have done it in private. Even when you are a candidate, you are constantly reminded hot mike, hot mike, hot mike. So, you don't say anything.
To say something like that to Medvedev who is not his peer.
PERINO: His peer is Putin. If he wants to pick up a phone and call -- the problem for them, let's assume for a second this is totally innocent. OK, well, what else are you telling other people? Who what are you telling the environmentalists? What are you referring to the unions? What was he referring to the Hispanic community? Hollywood? The Keystone pipeline. It's like, ooh, you know, if I -- let me do this thing, and if get re- elect, we'll do X, Y, or Z.
The problem for them I think is that never finished a sentence of why he wants a second term. And this leaves well up into interpretation. If this was about missile defense, to say it in Russia in front of allies I think was a really big mistake.
GUTFELD: I want to ask Bob -- because, Bob, you were a campaign guy.
If you were a Republican, this would be in every campaign ad, right, what just happened?
BOB BECKEL, CO-HOST: No.
BECKEL: And I tell you why. I also dealt with SALT treaties, both I and II. And the missile defense system that goes back for NATO, that goes back to Bill Clinton, has been contentious with the Soviet Union, with Russia. We have been trying to get something done and nobody has been able to get it done. It's a hot issue.
And if I have the election, used to put it off, that's exactly what he was doing. Saying, look, I can't deal with this right now. It's like you have to do this but you don't want to talk to somebody and say, wait until the holidays, we'll have lunch. That's exactly what this is about.
There's nothing nefarious here.
BECKEL: There's no hidden meaning. It's simply giving himself a chance to not deal with it right now.
GUTFELD: I could take that as a fair explanation, because I do that all the time with you Kimberly.
KIMBERLY GUILFOYLE, CO-HOST: Yes.
GUTFELD: She always asks me to go out for drinks.
GUILFOYLE: Yes, right.
GUTFELD: I make up some excuse like I have things I have to do. Sorry about that.
GUILFOYLE: Dreaming again, yes. But when I saw this, I went aha, because now we caught him doing exactly what we suspect and thought he was doing, and what he's trying to say is, hey, give me a break, like, you know, give me a little bit of time here. Once I win re-election, I'll take care of you. It's exactly what Dana said, but they were looking at in terms of sharing secrets about strategic missile defense and cutting back our nuclear arms arsenal.
BECKEL: What do you think he is offering up here? I mean, what do you --
GUILFOYLE: -- bow down to Russia.
BOLLING: Guys, if you think that was an open mic mistake -- there is absolutely no way that was a careless whisper.
BECKEL: You think so?
BOLLING: What that was, was President Obama saying I got four years. I'm telling everyone I'm taking a shot right across the bow of the GOP.
Instead, what have been more interesting if he'd lean over and goes, hey, Dmitry, tell Vlad, you, me, Hugo, Ahmadinejad and Fidel are going to get together right after the election and we're going to divvy up the world. Now, that was a hot mic.
BECKEL: Are you suggesting the president of the United States was talking here about giving up United States' strategic nuclear advantage? That is almost treasonous.
BOLLING: No, not at all. That's not what I said.
BECKEL: What that is?
BOLLING: Bob, hold on a second. Listen to me, here's what I said -- I said that was not a hot mic mistake. I didn't have -- I didn't make one comment on the strategic missile defense.
BECKEL: But the implication here is --
BOLLING: I said that he was -- this was all campaign election ploy.
BECKEL: Did you not think he's going to get (INAUDIBLE) with some of the world's greatest dictators and they're going to work --
PERINO: If he had said that. That's not what he said.
BOLLING: Had he said that.
BECKEL: Well, I just hope nobody is leaving the impression here that the president of the United States is saying after I'm reelected, I'm going to give you guys a much bigger break on this and make my country weaker. I don't believe that.
PERINO: The problem is nobody knows what they meant.
PERINO: And it would be, and I put it in an ad in a hot second.
GUTFELD: It's going to be in an ad. But I think the real message was that George Michael was right, he's been vindicated.
GUILFOYLE: Once again.
GUTFELD: Again, Wham.
BECKEL: There's a lot of things you can say about Barack Obama. But I think to suggest that somehow --
PERINO: He didn't suggest that.
BOLLING: I didn't say that. I said that was not a mistake.
BECKEL: What were you suggesting? What was everybody here suggesting?
BOLLING: -- it get picked up by a hot mic, that it was more about the five more years, or four more years than it was -- had anything to do with the missile defense system. That's all I said.
BECKEL: All right.
GUILFOYLE: Varying interpretations.
GUTFELD: Wake me up, we got to go-go.
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