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THE PRESIDENT: "You got the microphone -- a possession deal, you know what I'm saying?"

(Laughter.)

QUESTION: "Thank you, sir. You have spoken passionately about the consequences of failure in Iraq. Your critics say you failed to send enough troops there at the start, failed to keep al Qaeda from stepping into the void created by the collapse of Saddam's army, failed to put enough pressure on Iraq's government to make the political reconciliation necessary to keep the sectarian violence the country is suffering from now from occurring. So why should the American people feel you have the vision for victory in Iraq, sir?"

THE PRESIDENT: "Those are all legitimate questions that I'm sure historians will analyze. I mean, one of the questions is, should we have sent more in the beginning? Well, I asked that question, do you need more, to General Tommy Franks. In the first phase of this operation, General Franks was obviously in charge, and during our discussions in the run up to the decision to remove Saddam Hussein after he ignored the Security Council resolutions. My primary question to General Franks was, do you have what it takes to succeed? And do you have what it takes to succeed after you succeed in removing Saddam Hussein? And his answer was, yes."

"Now, history is going to look back to determine whether or not there might have been a different decision made. But at the time, the only thing I can tell you, Wendell, is that I relied upon our military commander to make the proper decision about troop strength. And I can remember a meeting with the Joint Chiefs, who said, we've reviewed the plan. I remember -- and seemed satisfied with it. I remember sitting in the PEOC, or the Situation Room, downstairs here at the White House, and I went to commander and commander that were all responsible of different aspects of the operation to remove Saddam. I said to each one of them, do you have what it takes? Are you satisfied with the strategy? And the answer was, yes."