Detailed text transcripts for TV channel - MSNBC - 20120101:16:12:00
Show of force by iran, shawn a thomas joins me live from hawaii where the first family is still on vacation. shawna, good morning. happy new year. i know you're fresh into 2012 now. tell us about the president signing the defense bill and his issues with the iran sanctions. >> well, as you said, thomas, the president signed a $662 billion defense spending bill yesterday. he had meager reservationsment one are the sanctions against iran. the sanks are really against foreign financial institutions and central banks that do business with iran. the administration has a twofold problem with this. o...