"I mean, it's like the movie "Rocky." All right. The president in this case is Rocky Balboa and Apollo Creed is -- everything else in the world. It's the tenth round. He's bloodied. His corner man, Mick, who in this case I guess would be the vice president, he's yelling, "Cut me, Dick, cut me!," and every time he falls everyone says, "Stay down! Stay down!" Does he stay down? No. Like Rocky, he gets back up, and in the end he -- actually, he loses in the first movie.

OK. Doesn't matter. The point is it is the heart-warming story of a man who was repeatedly punched in the face. So don't pay attention to the approval ratings that say 68% of Americans disapprove of the job this man is doing. I ask you this, does that not also logically mean that 68% approve of the job he's not doing? Think about it. I haven't.

I stand by this man. I stand by this man because he stands for things. Not only for things, he stands on things. Things like aircraft carriers and rubble and recently flooded city squares. And that sends a strong message, that no matter what happens to America, she will always rebound -- with the most powerfully staged photo ops in the world. (...) As excited as I am to be here with the president, I am appalled to be surrounded by the liberal media that is destroying America, with the exception of Fox News. Fox News gives you both sides of every story: the president's side, and the vice president's side.

But the rest of you, what are you thinking, reporting on NSA wiretapping or secret prisons in eastern Europe? Those things are secret for a very important reason: they're super-depressing. And if that's your goal, well, misery accomplished...."

Complete transcript