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Detailed text transcripts for TV channel - MSNBC - 20111228:19:09:00

Is the oil experts are making the calculations that this is a bluff. theyre doing the right thing by making it clear that this will not be tolerated. but the best guess is that this is the iranians rattling -- >> bluster? >> exactly. >> if iran does follow through on the threats, what could that potentially mean for the u.s. naval forces that are based right there? >> the u.s. has sizable çforce as you pointed out. the iranian navy is not, in military terms any match for any western navy, leas...
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