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MR. SCHIEFFER: Two minutes.
MR. ROMNEY: Well, first of all, I—I want to underscore the—the same point the president made, which is that if I'm president of the United States, when I'm president of the United States, we will stand with Israel. And—and if Israel is attacked, we have their back, not just diplomatically, not just culturally, but militarily. That's number one.
Number two, with regards to—to Iran and the threat of Iran, there's no question but that a nuclear Iran, a nuclear-capable Iran, is unacceptable to America.
It presents a threat not only to our friends, but ultimately a threat to us to have Iran have nuclear material, nuclear weapons that could be used against us or used to be threatening to us.
It's also essential for us to understand what our mission is in Iran, and that is to dissuade Iran from having a nuclear weapon through peaceful and diplomatic means. And crippling sanctions are something I'd called for five years ago when I was in Israel speaking at the Herzliya Conference. I laid out seven steps.
Crippling sanctions were number one. And they do work. You're seeing it right now in the economy. It's absolutely the right thing to do to have crippling sanctions. I'd have put them in place earlier, but it's good that we have them.
Number two, something I would add today is I would tighten those sanctions. I would say that ships that carry Iranian oil can't come into our ports. I imagine the EU would agree with us as well. Not only ships couldn't, I'd say companies that are moving their oil can't, people who are trading in their oil can't. I would tighten those sanctions further.
Secondly, I'd take on diplomatic isolation efforts. I'd make sure that Ahmadinejad is indicted under the Genocide Convention. His words amount to genocide incitation. I would indict him for it. I would also make sure that their diplomats are treated like the pariah they are around the world, the same way we treated the apartheid diplomats of South Africa.
We need to increase pressure time and time again on Iran because anything other than a—a—a solution to this which says—which stops this nuclear folly of theirs is unacceptable to America. And of course, a military action is the last resort. It is something one would only, only consider if all of the other avenues had been—had been tried to their full extent.
MR. SCHIEFFER: Let me ask both of you, there—as you know, there are reports that Iran and the United States, as part of an international group, have agreed in principle to talks about Iran's nuclear program. What is the deal if there are such talks? What is the deal that you would accept? Mr. President.
PRESIDENT OBAMA: Well, first of all, those were reports in the newspaper. They are not true. But our goal is to get Iran to recognize it needs to give up its nuclear program and abide by the U.N. resolutions that have been in place, because they have the opportunity to re-enter the community of nations, and we would welcome that. There are—there are people in Iran who have the same aspirations as people all around the world, for a better life. And we hope that their leadership takes the right decision. But the deal we'll accept is, they end their nuclear program. It's very straightforward.
