Detailed text transcripts for TV channel - FOXNEWS - 20100213:07:39:00
This is where it really gets good. pension funds includes retirement account and government pension account. in other words, everybody's pension. hmm. that's weird. $490.2 billion. we owe them money. they have our treasuries. state and local governments. they are rock solid. the local governments with not go and cash those in, or pension fund or united kingdom bailing out their banks. weren't russia the ones who said to china to sell treasuries because now is the time? that's weird. it doesn't look like it's a house of cards at all. mutual funds, gee. these are the people we had to bail out re...