President: I read the Iranian president's letter, it was 16-70 pages. They are pressing for a nuclear weapon and he didn't address the issues. We have no beef with the Iranian people. We respect the culture of the people of Iran. We want an Iran that is confident and free.
At the same time, we'll continue to work with a goverment that isn't budging so we have to ...
? Should the negotiations include a light water reactor?
President: They walked away from the table. We should let them know they'll be isolated. If they suspend, and the IAEA assures us the suspension is real, of course we'll talk about incentives.
Bush/Blair - laughter