Updated

This is a rush transcript from "The Five," July 18, 2013. This copy may not be in its final form and may be updated.

GREG GUTFELD, CO-HOST: From bomber to boy toy in just one cover. Now, defenders of that Rolling Stone issue think critics missed the point. It's about how terrorists can be hot, too. Maybe for the mag's clueless edit staff that's an epiphany, but not for me. Pretty Boy Floyd got that name for a reason.

Here is the real truth. Rolling Stone simply inserted evil into the cliched bad boy formula. The bad boy after all is the template for all rock stars. He is so dark, so bruting, yet I can't keep my hands off him. His sadness speaks to me beneath those delicate curls.

Here are descriptions of the lad from Janet Reitman's piece: beautiful, tousle-haired boy; gentle demeanor; soulful brown eyes; a dude you could always just vibe with; he had morals; he never picked on anybody, smooth, the calm, collected kid who knew how to talk to police.

A golden person really just a genuine good guy who was cool with everyone, nice, calm, compliant, pillow soft kid. A great three-point shot. A diligent student nominated to the National Honor Society.

One of the realest dudes I've ever met. He was super chill. Girls went a little crazy over him. Really humble, he was too sweet.

This isn't an article. It's a dream journal. Someone get the writer on match.com before she proposes. I wonder if you'd use those words if the bomber were a drub fatty from the Tea Party.

So, what does this say to inspiring musicians? The cover used to be something to shoot for, now, it's something to bomb for. So, why do people blow things up? For recognition. Rolling Stone validates that principles.

Those who praise the mag fail to see how modern pop culture softens evil in the name of cool, especially if it has a sexy pout. I wonder if the mag would have run that same cover if he had bombed their offices. Lucky for them terrorists never target their admirers.

BOB BECKEL, CO-HOST: You know, that was a description of me. Sorry.

GUTFELD: All right. There goes my thing.

So, I found -- I got a nice little blow up of the cover. I used to be a magazine editor. So, I always like to add a criticism I don't like. I really think you can improve on this.

By the way, I'm not advocating that you go into say a Barnes & Noble with a pen and do this yourself because that would be wrong. I'm just saying I would never advocate going in with a magic marker into a store where this is and I don't know -- maybe drawing some -- let's add a mustache. A little Hitler mustache.

I gave it some devil horns. Maybe, you know what? A nice little scar on the face or maybe a tear drop, because he is so sad. How is that? Is that good?

(CROSSTALK)

BECKEL: Are you done yet?

GUTFELD: No, I'm not. Now I'm done.

DANA PERINO, CO-HOST: What do you think about the people doing the verbal gymnastics to try to defend Rolling Stone? Do you think it's a real stretch?

GUTFELD: I think -- to defend something like that is to make yourself seem smarter than everybody else is. That is all it is. It's an exercise in intellectual --

PERINO: I can think of the very person that did that. I won't name them.

ANDREA TANTAROS, CO-HOST: I'm glad you didn't deface my copy because I was going to use it to line my bird cage later.

(CROSSTALK)

TANTAROS: I won't. I won't.

I just think the headline says it all. Trying to explain away and make excuses by saying he was failed. That is what the headline says. He was failed.

It is his family's fault. It is the school's fault, the school that he got a scholarship from Bostonians to go far. It was out fault. It was society's fault. And ironically, Greg, the fog is starting to lift a little bit in Boston because Boston gives birth to those apologists for terrorists.

In their institutions, their universities, they have apologized. This propaganda comes out of cities like Boston. So, it's refreshing to see people in Boston now upset with liberals like Jon Wiener, and liberal rags like "Rolling Stone" who have apologized.

BECKEL: Can I make a point? If you don't like it, don't buy it. They have every right in the world to put this thing out. If you don't like it, just don't buy it. A lot of people aren't buying. A lot of people don't advertise. That's fine. That's your right.

But they have every right in the world to run the cover.

ERIC BOLLING, CO-HOST: In fact, they defended themselves saying they are adhering, I'm paraphrasing, adhering to the journalistic integrity of the magazine. Awful, just a bad decision any way you slice it, business bad decision. I know everyone is talking about it. But honestly, I think people stop buying it. I'm not recommending that. I'm against boycotts.

However, I'm glad to see people like Tommy Lee and Nikki Sixx who are rockers who says, it's a bad idea. Dirks Bentley, John Rich, Brad Paisley, Jake Tapper, Boston Herald, Kmart pulled it, Rite Aid pulled it, Walgreens pulled, CVS pulled it, people are pushing back.

The question is, where do they go from here? They are too stoop and too left winged to issue an apology. They're just going to wait --

BECKEL: You are a big tree market guy. I would imagine --

PERINO: Eric is also --

BOLLING: I'm not for boycotts.

PERINO: He is also for decency and dignity.

BECKEL: We're talking about it. I mean, why are we talking about it?

PERINO: Here's why we're talking about it, because Rolling Stone wanted to have a desperate attempt to get attention. Well, they got it. I don't think it went the way it was going to.

And I wonder, it wasn't just one person's decision to put it on the cover.

BECKEL: Don't open it.

PERINO: How many people in the magazine have to approve the cover?

GUTFELD: About four or five people.

TANTAROS: And they call this real journalism? It is a step up from in- depth look at Selena Gomez's lip gloss.

BECKEL: We can't open this thing. They send it to us, we can't open it?

PERINO: No, don't.

GUTFELD: No.

BECKEL: I didn't do it. Rolling Stone, sue me.

Content and Programming Copyright 2013 Fox News Network, LLC. ALL RIGHTS RESERVED. Copyright 2013 CQ-Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of CQ-Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.