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Detailed text transcripts for TV channel - CNN - 20110119:17:19:00

Boiler room. but i spent an hour with him. heard the strategy. it sound like pure alchemy. our technology can move billions of dollars and we ve cracked the millisecond last year. i was walking down the steps. and the first floor there had to be 20 to 25 potential investors, which were all gray haired, 60 to 80-year-old women, married couples and such. that s where your conscience kicked in. i said had to do something about it. he quickly called the fbi and financial regulators leaving voice mails for all. i am in minneapolis. i m pretty sure i just stumbled over a ponzi scheme. i have a great deal of material i can e-mail you. notes, things of that nature. call me back. here s my number. a month later he says the fbi called him in for a meeting asking him to wear a wire. he agreed. i would be sent there to record presentations. i tried to engender the team there that i was, too a ....

Boiler Room , It Sound , Gray Haired , All Ofa Sudden , Ponzi Scheme , Voice Mails , Minneapolis Mansion ,

Detailed text transcripts for TV channel - FOXNEWS - 20101224:23:03:00

Can agree upon, it s urgent work of protecting the middle class families, removing uncertainty for america s businesses and giving our economy a boost as we head in the new year. con straint on our economy now and for the next several years will be the lack of demand. i said several times publicly, i think the biggest threat we have to the national security is our debt. it s like we re on the titanic in america. and everybody says the bar is open. we ll just have a party the next two weeks. this is it. no more fun and games. smoke and mirrors. alchemy, tricky, demagoguery and making promises we can t possibly keep. bret: where are we with the economy in as we look historically of the recovery from the 2009 recession, president obama s effort ....

Con Straint , This Is It , Titanic In America , Bret Baier , President Obama ,

Detailed text transcripts for TV channel - CNN - 20101201:19:13:00

If you re trying to budget holiday spending or planning a new year s financial resolution, you can sympathize with people trying to do the impossible, make the government live within its means. okay, it s not impossible but seems to be amazingly tough. a blue ribbon bipartisan commission created by president obama put every conceivable tax and expense on the table from medicare to even museum fees and managed to balance the budget in 2035, a quarter century from now. when the members vote on the plan on friday, they may well reject it but co-chair alan simpson says somebody has to do something and do it soon. we all know the figures sean we all know the math. and the fact really is, this is it. no more fun and games, smoke and mirrors, alchemy, trickery, cunning, cya, demagoguery and ....

Holiday Spending , President Obama , Museum Fees , Blue Ribbon , Alan Simpson , This Is It ,

Detailed text transcripts for TV channel - CNN - 20101201:18:13:00

Alchemy. and making promises we can t possibly keep. i will spare you the figures and the math because quite simply it makes my eyes glaze over. here s the situation. the government like your household takes in money every month and spend it on necessities. luxuries, whatever. if the money runs out the government and many households use credit to keep on spending. and that works for a while but at some point if nothing changes every dollar that comes in goes to the payment of the debt. every other expense, food, shelter, cable is cut out or paid for with more debt. in 15 years if nothing changes, every dollar the federal government takes in will go for social security and medicare. the so-called entitlements and also for the interest on the debt. there will be no money for anything else. even before that happens the ....

Nothing Changes , Social Security , Anything Else ,

Detailed text transcripts for TV channel - CNN - 20101201:16:02:00

we all know the figures and we all know the math. and the fact really is this is it. no more fun and games, smoke and mirrors, alchemy, vehiclery, cunning, making promises we can t possibly keep. let s do this, let s get serious here. let s bring in dana bash. what happens next with the commission s report? reporter: as we speak, the commissioners are going around the horn so to speak one by one, and i will 18 of them, and giving people a sense of where they stand. and so far we are hearing a lot of republicans saying that they re for this, that they know it s tough, but at the knit s s they have to do, and some democrat saying they have a lot of problems with this. raising the retirement age, cutting big time to medicare. those are some examples of problems democrats have with this. ....

Lets Get Serious , Dana Bash , To Medicare , Big Time , Retirement Age , Knits S ,