You'll need a microphone.

KERRY: Is it Randee?

JACOBS: Yes, Randee.

Iran sponsors terrorism and has missiles capable of hitting Israel and southern Europe.  Iran will have nuclear weapons in two to three years time.

In the event that U.N. sanctions don't stop this threat, what will you do as president?

KERRY: I don't think you can just rely on U.N. sanctions, Randee.  But you're absolutely correct, it is a threat, it's a huge threat.

And what's interesting is, it's a threat that has grown while the president has been preoccupied with Iraq, where there wasn't a threat.

If he'd let the inspectors do their job and go on, we wouldn't have 10 times the numbers of forces in Iraq that we have in Afghanistan chasing Osama bin Laden.

Meanwhile, while Iran is moving toward nuclear weapons, some 37 tons of what they called yellow cake, the stuff they use to make enriched uranium, while they're doing that, North Korea has moved from one bomb maybe, maybe, to four to seven bombs.

For two years, the president didn't even engage with North Korea, did nothing at all, while it was growing more dangerous, despite the warnings of former Secretary of Defense William Perry, who negotiated getting television cameras and inspectors into that reactor.

We were safer before President Bush came to office.  Now they have the bombs and we're less safe.

So what do we do?  We've got to join with the British and the French, with the Germans, who've been involved, in their initiative. We've got to lead the world now to crack down on proliferation as a whole.

But the president's been slow to do that, even in Russia.

At his pace, it's going to take 13 years to reduce and get ahold of all the loose nuclear material in the former Soviet Union.  I've proposed a plan that can capture it and contain it and clean it within four years.

And the president is moving to the creation of our own bunker- busting nuclear weapon.  It's very hard to get other countries to give up their weapons when you're busy developing a new one.

I'm going to lead the world in the greatest counterproliferation effort.  And if we have to get tough with Iran, believe me, we will get tough.

GIBSON: Mr. President, a minute and a half.

BUSH: That answer almost made me want to scowl.

He keeps talking about, "Let the inspectors do their job."  It's naive and dangerous to say that.  That's what the Duelfer report showed.  He was deceiving the inspectors.

Secondly, of course we've been involved with Iran.

I fully understand the threat.  And that's why we're doing what he suggested we do: Get the Brits, the Germans and the French to go make it very clear to the Iranians that if they expect to be a party to the world to give up their nuclear ambitions.  We've been doing that.

Let me talk about North Korea.

It is naive and dangerous to take a policy that he suggested the other day, which is to have bilateral relations with North Korea. Remember, he's the person who's accusing me of not acting multilaterally.  He now wants to take the six-party talks we have -- China, North Korea, South Korea, Russia, Japan and the United States -- and undermine them by having bilateral talks.

That's what President Clinton did.  He had bilateral talks with the North Koreans.  And guess what happened?

He didn't honor the agreement.  He was enriching uranium.  That is a bad policy.  Of course, we're paying attention to these.  It's a great question about Iran.  That's why in my speech to the Congress I said: There's an "Axis of Evil," Iraq, Iran and North Korea, and we're paying attention to it.  And we're making progress.

Q6 >