Detailed text transcripts for TV channel - FOXNEWS - 20110922:21:01:00
Against the g.o.p. urging it not do and it is called operation twist. what is going on here? >> here is what happened we spent $600 billion over 12- to 15-months buying bonds without getting too wonky, that should shrink the government but the fed is using $400 billion of those printed dollars to repurchase things that the stock market said that is bad, that means the economy is still on the skids and 2893 points fell off the dow yesterday, and another 391 points today. this is the biggest two-kay slide since october of 2008 when we were in the middle of recession. the fed saying we could be h...