Fox News Transcript:
MITT ROMNEY: Well, you know, the president has a very different foreign policy than that has been followed by our country over the last 50 or 60 years. His view instead of having a strong American military that's able to keep other nations in check, that we ought to instead put in place a policy based on what he calls common humanity.
Well, humanity is not common in its views. What one people called evil and other people called good. The world relies upon and America must rely upon a strong military.
And, by the way, China understands the importance of a navy. Its navy will be larger than ours within seven years. That's the consequence of the president's policies.
WALLACE: In that same presidential debate, Mr. Obama also made fun of your views on Russia. Let's take a look at that.
(BEGIN VIDEO CLIP)
OBAMA: Governor Romney, I'm glad that you recognize that al Qaeda is a threat, because a few months ago when you were asked what's the biggest geopolitical threat facing America, you said Russia. Not al Qaeda. You said Russia. In the 1980s are now calling to ask for their foreign policy back because, you know, the Cold War has been over for 20 years.
(END VIDEO CLIP)
WALLACE: Governor, when you look at Ukraine and the decision not to keep U.S. troops in Iraq and the decision not to arm the rebels in Syria from the start, what do you make of the choices that this president has been making particularly here in the second term?
ROMNEY: Well, I think the president is really out of touch with reality when it comes to what's happening in the world. And I don't know why that is. Perhaps it's political philosophy, it's foreign policy views.
But, look, he looked at Russia and thought that was a friend we should reset relations with. He looked at al Qaeda and said they're on the run. Just more recently, he looked at ISIS and said, oh, they're just the junior varsity. He looks at Iraq and says, hey, they're strong and able to care for themselves.
Look, he is so out of touch with reality that he hasn't taken the action necessary to prevent very bad things from happening.
A strong America that stands up for its beliefs is an America able to defend itself and to defend our principles around the world. When America is seen and the president is seen as being weak, bad people do bad things. And you're seeing that all across the Middle East. You're seeing that was well in other parts of the world, including, of course, Afghanistan, Ukraine, it's a real tragedy.
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