Updated

This is a rush transcript from "Hannity," March 9, 2015. This copy may not be in its final form and may be updated.

SEAN HANNITY, HOST: Welcome back to "Hannity." So as negotiations with Iran continue, President Obama sat down with CBS News and said this about any prospective deal. Take a look.

(BEGIN VIDEO CLIP)

BILL PLANTE, CBS NEWS: If there's no deal you're willing to walk away, that's it?

PRESIDENT BARACK OBAMA: Absolutely. If there's no deal then we walk away. If we cannot verify that they are not going to obtain a nuclear weapon, that there's a breakout period so that even if they cheated we would be able to have enough time to take action, if we don't have that kind of deal, then we're not going to take it.

(END VIDEO CLIP)

HANNITY: And it's no secret that Israel will be opposed to any deal that the U.S. may strike with Iran. Israeli Prime Minister Benjamin Netanyahu also gave an interview over the weekend and he had a very stern warning for President Obama.

(BEGIN VIDEO CLIP, "FACE THE NATION"/CBS)

NETANYAHU: Even in these times of sometimes heated disagreement, you know, I think it's useful to remember who your ally is and who your enemy is.

(END VIDEO CLIP)

HANNITY: Joining me now with reaction former Texas Governor Rick Perry, possible 2016 presidential candidate.

Governor, this to me is -- this has all the makings of a possibility of a holocaust, a modern day holocaust. If you give the mullahs, as radical as they are, weapons of mass destruction in the out years as we're being told they would have the right to have, why do I believe that they will use them considering they said that's their goal? Thoughts?

RICK PERRY, FORMER TEXAS GOVERNOR: Well, absolutely. I think you're spot-on here in not trusting the ayatollahs. They're responsible for death of hundreds and hundreds of Americans, the Marines at Beirut, the weapons that were given in Iraq that killed a substantial number of our U.S. servicemen. So there are two things here that we have to have. One is there has to be lockdown, solid, no way that Iran is going to get a nuclear weapon period.

And the other one is until we are assured there is going to be no work with Iran until they have assured us and to our satisfaction that they are not putting weapons into terrorist hands. They're the major supplier for Hezbollah and Hamas at this particular point in time. So those are two issues that have to be on the table from my perspective.

And let me just say from my view is this agreement -- and this is an agreement because the president is keeping this secret from Congress. The United States Congress has no idea what is in this plan. We have ideas about what's in it. But the president's not being open and honest with Congress. And I will suggest to you the next president of the United States shouldn't be held to this agreement at all.

HANNITY: Well, 47 congressmen led by Arkansas Senator Tom Cotton actually sent out a message to the Iranian leaders educating them about our constitutional system of government and said anything not approved by Congress is a mere executive agreement and the next president could in fact undo this. And if you were president and the president makes a bad deal, from what I'm hearing from you, you would undo this.

PERRY: In a heartbeat. You know, I thank the senator from Arkansas for recognizing this and bringing it to the attention not just to those negotiators in Iran but to the people of this country. I think most Americans feel like I feel, that you negotiate with Iran, a country that is broken practically every deal that they've ever gone into, whether it was with the international atomic folks with our partners who go in and take a look at their operation. They have never lived up to a deal before and I don't know why we would trust them at this particular point in time. Prime Minister Netanyahu said it right. You need to know who your allies are and who your enemies are.

HANNITY: Let me ask you. What do you make of this president bending over backwards for these radical mullahs and radical Islamists and outright hostile to our closest ally in the region, the only democracy in the region, Israel? How do you interpret the president's actions here?

PERRY: Well, I don't know -- I can't get into the president's mind.  But when I look at how Libya, Egypt, Syria, the real disconcerting thing for me is if while all this is going on Putin is watching this. And I think that's the reason he was given the green light, if you will, to annex Crimea to go into Ukraine. He saw how this administration was going to negotiate, which means every time there's a red line drawn and someone crosses it and there's no consequence.

And that's what concerns me about this. We don't know where the red lines are in this negotiation because they're basically secret. But we do know one thing is that when red lines have been crossed in the past with this administration and you cross them, there's no consequence. That is why Prime Minister Netanyahu has great concern. I think that's the reason those 47 senators signed this. And there ought to be a few Democrats that have great concern about what this does --

HANNITY: Oh, Senator Menendez does.

PERRY: And what does this do to Israel? The prime minister was spot-on when he said he's worried about the future of the Israel and we need to be worried about security of the United States.

HANNITY: All right, governor, when are you announcing for president?

PERRY: We will let you know when we do, if we do.

(LAUGHTER)

HANNITY: I tried to catch you off guard. Governor, good to see you.  Thank you for being with us, appreciate it.

PERRY: So long, Sean.

HANNITY: Remember the president said, Iran, they're a tiny country.  They're not a threat. And so we go back in time. And then there was also that moment when John Kerry and Tom Harkin went to Managua and actually met with Commandant Ortega, and now they're angry that the senators wrote this note. So interesting back story. Thank you, governor.

PERRY: And on the other side to this is that the ballistic side, the ballistic missile side of this is not even being talked about.

HANNITY: Well said. All right, governor, appreciate your time.

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