Detailed text transcripts for TV channel - CNN - 20101231:06

Detailed text transcripts for TV channel - CNN - 20101231:06:20:00

a 21st century virtual fence. >> we've got to have stronger border surveillance and security. that is probably going to be more of a combination of virtual borders, virtual patrols. >> reporter: that was then-candidate obama on the campaign trail. so why is the virtual fence turned into virtual unreality? too many promises from boeing, not enough oversight from the dhs. this is quote, dhs has not effectively managed and overseen its sbinet prime contractor, that would be boeing, thus resulting in costly rework and contributing to sbinet's well control called history of not delivering promised capabilities and benefits. in their official statement they stand by their work. in part their statement reads, boeing stands behind its work on the system as a reliable, effective border security tool. so what now? nearly $1 billion of your money

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