Nov. 28 Republican debate transcript

Thompson: I know that everybody who hangs the flag up in their room like that is not racist. I also know that for a great many Americans it's a symbol of racism.

So, therefore, as a public place -- he's free to do whatever he wants to in his home. As far as a public place is concerned, I am glad that people have made the decision not to display it as a prominent flag, symbolic of something, at a state capitol. As a part of a group of flags or something of that nature, you know, honoring various servicepeople at different times in different parts of the country, I think that's different.

But, as a nation, we don't need to go out of our way to be bringing up things that to certain people in our country that's bad for them.

Cooper: We're running short on time. I want to get Ron Paul's video in. Let's watch.

(Videotape)

Paul: The people are sick and tired of what they're getting, and they want some real changes.

I don't want to run your life. We need less taxation, less regulations, a better economic system.

We were not meant to be an empire; we were meant to be a republic, protecting liberty here at home.

It's up to you to spread this message around this country. This is an American cause, it's a cause of freedom. There's something going on in this country, and it stinks. It really stinks.

(End videotape)

Cooper: That's part of the Paul campaign.

Let's get to another YouTube -- YouTube question.

Dr. Hank Campbell: Good evening. My name is Dr. Hank Campbell. I'm in Lake Worth, Florida. My question is our infrastructure. It's been estimated that to fix the bridges, the tunnels, the power grids, the water delivery systems in this country will be in excess of $2 trillion -- that is "t" for "trillion" -- and it is plural.

Who among the candidates here is willing to step forward and begin to articulate the very difficult sacrifices which we need to make in order to start repairing America? Thank you.

Cooper: Mayor Giuliani?

Giuliani: Well, I faced a situation like this, a microcosm of it in New York City. New York City hadn't invested in infrastructure for a very, long time. I had kind of gotten through its fiscal crisis that way. We started a long-term capital investment program on the infrastructure. My predecessor started it. I continued it. I turned it over to my successor and it really has done I think remarkable work in rebuilding the infrastructure of New York. That's what America needs.

It can't be done by one president. This is something where you're going to need a succession of presidents to have a sustained program. Probably we should have budgeting that allows for -- we can't really have a capital budget under federal budgeting, but we could have a separate accounting.

So that kind of budgeting is long-term, because this is going to help America over a 20- or a 30-year period. Most of the time when we're spending money, as Senator Thompson said, we're spending the next generation's money and we shouldn't be doing that. Fiscal conservatism is about preventing that.

But when we're rebuilding our roads, rebuilding our bridges, building new bridges, rebuilding our infrastructure, that's actually going to benefit the next generation and the generation after. And there are ways to spread that out over a long period of time.

But it needs a sustained program, and it cannot be done just by the federal government. It needs to be done as a partnership with state and local governments. And I believe I'd be in a good position to lead that.

Cooper: Congressman Paul, 30 seconds.

Paul: The infrastructure problem in this country is very, very serious. We as Americans are taxed to blow up the bridges overseas. We're taxed to go over and rebuild the bridges overseas while our bridges are falling down in this country.

This country is going bankrupt, and we can't afford this. We need to take care of ourselves. We do not need to sacrifice one thing more. We just need to take care of ourselves and get the government out of our lives and off our back and out of our wallets.

(Applause)