Rooney: Schieffer "is embarrassing the hell out of CBS"

Larry King had a few minutes with Andy Rooney and came away with some gems.

KING: OK. Who is going to replace Schieffer?

ROONEY: Well, maybe Schieffer, you know, he's embarrassing the hell out of CBS.

KING: He's doing good.

ROONEY: The ratings keep going up. And they keep talking about replacing him for somebody. I mean, you know, they're talking about giving Katie Couric $20 million. I say take that $20 million you could buy 40 reporters, 40 new reporters. You could give them each $250,000.

I mean, there are hundreds of reporters who would jump at getting $250,000. So take that $20 million don't give to it Katie. Give it to a bunch of reporters and make CBS news the best news report in the world.

KING: Have them everywhere.

ROONEY: Have them everywhere. Open up the bureaus we used to have in Buenos Aires and Warsaw, Poland. We used to have them everywhere. Open those up again with that $20 million. Katie will be all right without it.

KING: And keep Schieffer?

ROONEY: Keep Schieffer, of course.

KING: Schieffer has a wonderful manner, doesn't he?

ROONEY: He does. And he's been so gracious about this Katie Couric coming in. You know, he doesn't -- he really doesn't give a damn. That's the thing. He likes his job in Washington.

If they said tomorrow, thanks a lot, Bob, he'd go back to Washington and be perfectly happy. He likes it. He likes what he's doing. And I think he's very pleased at the job he's done, which he should be. But I don't think it would break his heart if it ended.