This exchange is fairly funny:
PELLEY: President Bush has pledged that you will not be allowed to possess a nuclear weapon and will use military force if necessary.
AHMADEINEJAD: I think Mr. Bush, if he wants his party to win the next election, there are cheaper ways and ways to go about this. I can very well give him a few ideas so that the people vote for him. He should respect the American people. They should not bug the telephone conversations of their citizens. They should not kill the sons and daughters of the American nation. They should not squander the taxpayers' money and give them to weapons companies. And also help the people, the victims of Katrina. People will vote for them if they do these things....I'm a Muslim. I cannot tell a lie. I am supposed to tell the truth. What I'm saying is that President Bush's conduct in Iraq is wrong. And his wrong conduct is behind his party losing the previous elections. This is very clear. The American people are very much dismayed with the behavior and the conduct of the present administration. They are not dismayed with Iran. In fact, the two nations are very close to one another.
Say what you will about Ahmadinejad's intentions, but that's a fairly good read of contemporary American politics.