Matt Corley at ThinkProgress actually had this first (and deserves credit from those who later make use of it -- ahem!), and has the transcript too:

SCHWARTZ: But it is my observation that boys at that age have less tolerance for homosexuality than just about any other class of people. They speak badly about homosexuality. And that’s because they don’t want to be that way. They don’t want to fall into it. And that’s a good instinct. After all, homosexuality, we know, studies have been done by the National Institute of Health to try to prove that its genetic and all those studies have proved its not genetic. Homosexuality is inflicted on people.

How does Schwartz know this? Well, a friend of his was once tragically caught up in "the homosexual lifestyle":

SCHWARTZ: And one of the things that he said to me, that I think is an astonishingly insightful remark. He said, “all pornography is homosexual pornography because all pornography turns your sexual drive inwards. Now think about that. And if you, if you tell an 11-year-old boy about that, do you think he’s going to want to go out and get a copy of Playboy? I’m pretty sure he’ll lose interest. That’s the last thing he wants." You know, that’s a, that’s a good comment. It’s a good point and it’s a good thing to teach young people.

You can't make this stuff up. This is a truly special level of stupid we are reaching here in America.

The full video is at YouTube.