Detailed text transcripts for TV channel - FOXNEWS - 20121221:12:35:00
Washington to put tarp. but after it went through t went north to 10,000 to 6600. last year action debt ceiling. july 29, the president sign it is august 2. august 5 we collapse because s & p down grades us. we still need something that doesn't insult the senses completely. listen, we're all going to suspend disbelief for a little bit with respect to whatever comes up. but it can't be so obvious that it does nothing but move the needle a few months away. >> steve: it does look like we're going to get downgraded. >> because ultimately we have to take medicine. >> steve: charles, thank you very ...