Detailed text transcripts for TV channel - FOXNEWS - 2013072

Detailed text transcripts for TV channel - FOXNEWS - 20130727:20:32:00

the fate. motor city. over the next four decades, it drove the auto industry away. jobs went to non-union states. the ones vibrant economy is now $18 billion in the hole and unemployment sits at a mind-blowing 16.3%. detroit is bankrupt. largest u.s. system to go bankrupt in our country. it's perfect example when union demands prevails. >> we are here to find solutions. how can broke be fixed and many other states on the verge in america? >> they need to start by liquidating these public sector pensions. it's a progressive policies, $18 billion in liabilities on a city that has 700,000 people in it. there needs to be in my opinion, there needs to be a liquidation phase. these parasites, public sector unions, they suck the

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