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Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:58:00

mr. seinfeld a pinhead or a patriot? friday we brought you congressman kucinich. god bless america. whenever i feel afraid, i hold my head erect. how, how keep winning elections? you re gonna have to ask dennis. [ laughing ] bill: 74% think the congressman is a pinhead. 26% say he s a patriot. that is it for us check out the fox news factor website. please spout off about the factor from anywhere in the world. want to hear all you guys in great britain about the royal family deal. ireland as well. that is oreilly@foxnews.com. name and town if you wish to opine. word of the day, when writing to the factor, please do not be a coxcomb.

Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:04:00

so you are a big rousseau guy, right? or are you a i can never figure those guys out. but i think that social compact thing was pretty interesting. in the sense that the president is sending a message to his liberal supporters that, look, this overrides the social fiscal responsibility. i think that s what he was saying. well, perhaps. i would define the social contract a little differently, bill, if you use the term basic. i think that refers to our constitutional form of government, which has been in existence for a couple of hundred years as you have defined it and perhaps it s worthy further definition. really talking about the social safety net or welfare state that has grown up as you point out since the new deal. and if the president is saying that the paul ryan and the republicans in the house have now voted for this tough budget are trying to change that social compact. well, he is certainly not wrong

Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:00:00
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Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:08:00

debate over the rest of this year s budget his original position was spending cuts zero. and so far all he has done in the face of this ryan budget, which is a full blown budget which was enacted but not enacted but passed by the house of representatives last week, he has come out with a speech contain ago bare bones outline of a plan which would tax the rich more, which as you point out would nowhere near close the gap and he has talked about cuts in defense spending which wouldn t do it either, never mind the fact that defense is the one area of governance when only the federal government can handle and finally, he has spoken vaguely about the need for entitlement reform but has proposed absolutely nothing, specific as of this moment. bill: so where is the leadership in this country? look, when you are in a desperate situation, look, when standard and poor s comes out and says hey, united states, you are risking your a.a.a. credit rating, i mean, and the stock market goes down, and

Detailed text transcripts for TV channel - FOXNEWS - 20110419:09:05:00

about that but that social compact is about to collapse of its own weight if we look at the budget projections going out not very many years from now. they have resulted in what everyone agrees is aoun unus sustainable debt spending. bill: everybody doesn t agree with that don t you read the new york times editorial page don t you see nbc and the blogs. even those media outlet does not dispute we have a serious budget. bill: the country can take on more debt if the economy grows. yes, that s true. i think he. yeah, i think he sees the debt and deficit spending at this juncture as a path to regenerating economic growth which, of course, is many ways the best deficit reduction program of all because it results if it s really strong and tax receipts which will tend to rule reduce the deficit. if is he wrong the country goes bankrupt and over the clift. i bet he is selling the

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