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Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:52:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:52:00

Supervisor, the only way to get control of our government, we the people, up from big union is being involved day to day. we have to engage for our freedom. john: thank you for your bad news. coming up, my take on union coming up, my take on union and what it really does [ male announcer ] if you had a dollar for every dollar

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:40:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:40:00

John: rhode island made a change and can workers get mad? >> there is concerned unless we make changes the system will go bankrupt and the new people could bankrupt the system. we have to keep promises to the defined benefit giving a choice. john: in utah the pension system was in such good shape you just had to make an new deal? >> to invest in funds

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:30:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:30:00

Afl-cio but the teachers classified it as a public relations. john: it is for their side. media matters says more money for the union. >> the members don't know this. classified as public relations it is like administration and overhead. john: and they seem happy. >> if they could have the job without part of a. john: tea and wisconsin when they were forced to be a member they left like that. >> is important to give them a voice and a vote. john: the union is not pro worker but pro "shadowbosses". john: you talk about the

Detailed text transcripts for TV channel - FOXNEWS - 20120924:05:40:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120924:05:40:00

John: rhode island made a change and can workers get mad? >> there is concerned unless we make changes the system will go bankrupt and the new people could bankrupt the system. we have to keep promises to the defined benefit giving a choice. john: in utah the pension system was in such good shape you just had to make an new deal? >> to invest in funds

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:38:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120924:08:38:00

Benefits to the defined contribution. john: oh my gosh. don't say those words. [laughter] steve uses those all the time but i know that you are switching off. explain why it you talk about. john: defined benefit mean the politicians defined the benefit this is what we pay the teachers. >> the retirement income and guarantee benefit until you die. john: we promise. as opposed to? >> typically called 401(k).