Will Paul Ryan have the last laugh?

This is a rush transcript from "The Five," October 12, 2012. This copy may not be in its final form and may be updated.

ANDREA TANTAROS, CO-HOST: So who won the V.P. debate last night? Well, we'll get into that in just a minute. But there is one thing that nobody is disputing. Joe Biden had a lot of laughs last night. He was laughing during discussions about Libya, Iraq, Afghanistan, the economy, taxes, and on and on -- and on. Now here is reaction from some Fox all-stars. Plus, the president, even opined about the veep's performance.


CHARLES KRAUTHAMMER, FOX NEWS CONTRIBUTOR: If you heard it on radio, Biden won. If you watch it on television, he lost.

JOE TRIPPI, FOX NEWS CONTRIBUTOR: I think he had a strong debate. But was diminished, was diminished by the smirking. He overdid it.

BRIT HUME, FOX NEWS POLITICAL ANALYST: It was unattractive, rude and I have a feeling it will come across to a lot of people as rude. Looked like a cranky old man to some extent debating a polite young man.

CHRIS WALLACE, FOX NEWS ANCHOR: I don't believe I have ever seen a debate in which one participant was an openly disrespectful of the other, as Biden was to Paul Ryan tonight.

KARL ROVE, FOX NEWS CONTRIBUTOR: It's pretty amazing how often he was interrupting and heckling and laughing and smiling and grimacing and grinning. It's like they put Joker juice in the water that he had there on the stage.

GERALDO RIVERA, FOX NEWS HOST: He was so rude. He was so toothy. He was so --


RIVERA: -- overdramatic. Rolling his eyes. But on the other hand, it's Joe Biden.

PRESIDENT BARACK OBAMA: I thought Joe Biden did great and I couldn't be prouder of him.


TANTAROS: Surprise, surprise. We have to ask Karl what Joker juice is.

Before we get to that -- Eric, rude, crank I can, disrespectful, really unprecedented behavior. If you're trying to swing voters in your camp when you're down, probably not the way to do it.

ERIC BOLLING, CO-HOST: You know, unfortunately, Joe Biden, Mr. V.P., confirmed all of our suspicions. He's a real jackrabbit. He embarrassed himself. He embarrassed the office. He embarrassed the country.

He lied about taxes. He lied about contraception. He lied about his voting record on wars. And most importantly, he lied about what went on in Libya.

The scary fact that this guy is one heartbeat away, condescending smug, morally and intellectually bankrupt man is one heartbeat away from the presidency.

Your question, Andrea, four more years or four more weeks?

TANTAROS: Yes, Dana, watching that, I thought as a woman he just looked so cocky and so arrogant. I thought you know every woman has worked in an office, in the workplace with a Joe Biden -- the guy that puts his finger in your face. The guy that dresses you down and knows more than you do. Hey, honey, go make some coffee.

That's how I took it. You know what I thought? If he is going to behave that way in public with millions of people watching, how does he behave in private?

DANA PERINO, CO-HOST: I actually -- that kind of behavior, any of us had to work with peel like that? Just kidding, Bob.


PERINO: When I was watching it, I found myself not hearing Ryan's first two sentences of every answer because I kept saying, did that really just happened? Did he really just do that? Was he just laughing? Did I mishear something? What is going on?

A lot of the snap polls looking for women that were watching have found all of those things could be true. But those were men we talked about, (INAUDIBLE) on last night. If the men thought that way, imagine how a woman feels.

Let's me give you a piece of advice, guys. Say you're in your 60s, you're thinking you'd like to date again. If you want to know exactly how to turn off a woman, watch that debate last night and follow Biden's lead.

TANTAROS: And, by the way, Paul Ryan the last time I checked was a member of Congress, but the way he spoke to him, even the way he spoke to moderator. He dressed her down, he had his finger in her face, he rolled his eyes, he was sighing, he was interrupting.

And, you know, every time Paul Ryan would respond, he did it respectfully. I want you to react when Paul Ryan tried to get him to stop interrupting him.


REP. PAUL RYAN, VICE PRESIDENTIAL NOMINEE: I know you're under a lot of duress to make up lost ground, but I think people would be better served if we don't keep interrupting each other.

VICE PRESIDENT JOSEPH BIDEN: Well, don't take all the four minutes then.


BRIAN KILMEADE, CO-HOST: My reaction to this, that was a good line he had. Joe Biden came out and do what Obama didn't do. And that was attack, make points and reaffirm everything. And, by the way, just for the record, one time I asked you to make you coffee, I didn't know I called you "honey." But that's the whole thing.

And if at 60, I start dating again, I should really get permission from my wife. She might be watching now. But I did take cable out of the house.

So, let me just first off to say that it's shame because Joe Biden hurt himself, because whether you believed him or not, he was in control of the issue, he was in control of the environment, he felt extremely confident, he was conversing in all areas. There was no part where he was on his heels.

But his actions when he wasn't speaking spoke of somebody who comes off as bullying and distracting. Then I saw Tom Brokaw this morning, hardly a Republican wonk, he said you should not be laughing in a discussion about thermo nuclear war with Iraq. His content was good, but his demeanor was awful. He hurt himself not with what he knew but how he acted.

TANTAROS: Right. I wonder what the ladies of "The View" would have thought of his behavior?

KILMEADE: They would have loved that. They would have embraced it, I think.

TANTAROS: Well, because that's become liberal stereotype. Just to dress people down and be cocky and rude and be arrogant. They think it's funny. If you watch the liberal networks, they think he did a great job.

One of the CNN analysts, Gloria Borger, who's a woman, Bob, she actually came out and said, yes, not his best look. Women are having a really offensive response to his behavior last night.

BOB BECKEL, CO-HOST: Well, let me just take a counter view here.

PERINO: As a woman.

BECKEL: Joe did what he needed to do. This was about a base debate.

Not about persuadables, number one.

Number two, I agree he probably went a little overboard with some of the hysterics. However, he did finally with the moderator, finally, what I have been trying to make the point over again expose Ryan and Romney for what they are. They have no tax plan. Not want to talk about it. Expose them on Medicare.

There's two things they want to do, and the base is excited this morning.

TANTAROS: But, Bob, you have offended so many women in your life. You wouldn't have counseled him, though, to behave like that. I know you well enough to know that you wouldn't have said that.

BECKEL: I said I thought, I agree with Joe Trippi. I mean, I think the histrionics, whatever you called it, is probably were not necessarily. But on substance he had Ryan on the defensive all night long.

PERINO: Can I ask Bob a question about that, though?


PERINO: Would it have been a base debate if Obama had done better week before? Because Biden is trying to get out of the deficit that Obama created failing in the first debate --

BECKEL: That's exactly right.

PERINO: Then, Biden had a different job last night. Actually Paul Ryan's job was to appeal to seniors and to women. I actually think that he nailed that.

And so, whereas some of the other lines, he might not have won the point, actually overall he's winning -- he won overall with his base, too.

TANTAROS: Eric, if the strategy is to rally the base, the base is women, the Democratic base. Remember the war on women. They went in to this -- Pew Research found that 51 percent of voters already had an unfavorable view of the vice president. He did himself no favors.

BOLLING: That's an important poll because I bet that number goes up after that. He was not likable. Everything he did, the smiling, smugness, he cut off Paul Ryan 82 times in 90 minutes. That's almost impossible to do.

The other thing is "Wall Street Journal" points this out. He was on the attack. They call it bully versus the wonk. He was on the attack. Meaning Joe Biden, all night. Every time he attacked Paul Ryan on a topic, it was wrong. His facts were --

BECKEL: It was not wrong.

BOLLING: The facts were wrong, Bob. I got them right here.


BOLLING: Obamacare will likely put 15 percent in the hospital out of business. Romney's plan will not raise taxes on the middle class. And Medicare will cost you more under Obamacare.

The things he attacked he was wrong.

BECKEL: I'm not going to laugh at you but say you have been at odds all night long if you believe --


KILMEADE: What he said about the $716 billion of what Biden said is not cut out of Medicare. The A.P. fact check says that administration is cutting $716 billion over 10 years. Medicare payments to providers and using some of the money to improve benefits but most of the money is being used to expand healthcare coverage outside of Medicare. This is the A.P. fact check.

BECKEL: There's a difference between savings and gutting.

PERINO: Then OK, if you want to use that measurement, then what Biden said at the end about Ryan cutting the budget was actually not true, because Ryan over the back and forth between Raddatz and Biden said, no, it's 3 percent increase, not 4.5 percent increase. That's a difference in the budget.

BECKEL: The other thing I thought was a great hit is when Ryan had to subject himself to admitting he was for the stimulus for his district, one.

PERINO: I agree.

BECKEL: Two, his Medicare example explanation was miserable.

TANTAROS: No, no, no. I agree on the first point. The first point you're right, Bob.

BECKEL: You're acting like Joe Biden now.

PERINO: But you said that five times.

TANTAROS: But I don't think he was off on Medicare whatsoever. I thought he gave a great description of it.

But what troubled me the most is when they went to the serious and sensitive issues not just the laughing, I just wish Paul Ryan, Brian, would have looked over at him and said, Joe, what do you think is so funny about four dead Americans? Or a nuclear armed Iraq?

KILMEADE: I think he was stunned by it, to be honest. He was trying to concentrate. It did throw him off a few times, especially those three -- give me an example, give me an example, give me an example. I'll give you an example, John F. Kennedy. Now you're John F. Kennedy?

No, you're not. You asked for an example and I gave you an example and you cut me off again.

BECKEL: Brian, this is not Mrs. Federer finishing school that we're involved in here.


BECKEL: No, not Roger Federer. There's a Federer school in Bethesda that does finishing with little boys and girls to have the right manners and all the rest of that.

PERINO: What year did you graduate?

BECKEL: No, I didn't. I couldn't --


BECKEL: But the fact of the matter is Ryan was so far out of his league last night. I mean, he finally stepped in to something that you come out and say welcome to national politics.

BOLLING: Out of his league in what? He was not out of his league anywhere, Bob. He was right out -- unfortunately, the economy is only ten minutes of the 90 minutes. He was right on the economy. He was right on it -- Joe Biden turned out --

BECKEL: Give me the quote.

BOLLING: Breaking news: he made Joe Biden break news last night, which we're going to get to. One of the most interesting things I've ever heard coming out of a debate, a vice president saying counter acting everything the president had said.

BECKEL: I know Dana keeps saying I repeat myself.

I want you to give me one single sentence that Ryan said explaining the tax plan.

PERINO: He did.

TANTAROS: He said he would work with Congress after he and Romney were elected.

KILMEADE: They're closing the loophole. But here's the answer that Ryan could have said --

TANTAROS: Bipartisan support. That wasn't good enough for you?

BECKEL: No. Bipartisan support, Joe Biden pointed out he was there with the last bipartisan support.

TANTAROS: But here's the unfortunate thing. Everything that they were hammering -- when they say "they" -- I mean the moderator and Biden were hammering Ryan for, the president and vice president are deficient on, a tax plan, a real budget that was passed. I mean, everything they were explaining or trying to nail him on, they didn't have any answers themselves. What are their plans to reform entitlement?

BECKEL: They have no tax plan. Don't you understand that?

PERINO: Let me tell something else that happened last night. Last night, Joe Biden didn't even try to defend the last four years and he certainly didn't give anybody a reason to vote for them for them for the next four years. There was not a single specific proposal why you should want us for another four years.

It was basically, the strategy was make my opponent look small, ridicule him and call him a liar before he even gets started. That was the strategy.

BECKEL: We'll talk about the polls but there was an interesting focus group last night in Ohio of undecided voters of which Biden overwhelmingly won.

BOLLING: And all the other, Paul Ryan won.

TANTAROS: But what's the story?


TANTAROS: What is everybody talking about? Even if your argument is right he made a lot of points on substance, everybody is talking about the style.

BECKEL: Who is everybody? The chattering class is talking about substance.

TANTAROS: But, Bob, every network today is talking about the style.

PERINO: I think when you go on a train tonight you should just listen and overhear what people are saying.

KILMEADE: Don't get in the quiet car.

TANTAROS: Bob in quiet car? Never happened.

BECKEL: Joe Biden takes that train every year --

TANTAROS: Bob, I got to put you in --

PERINO: He was off the rails as --

BECKEL: That's good.

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