Detailed text transcripts for TV channel - FOXNEWS - 20110806:14:02:00
Good old days of borrowing is over. in uranium g 7 finance will meet this weekend to discuss the impact of the downgrade and the dow losing 700 points this week. that was before the s&p announcement. saudi arabia the first market on earth to trade on this news since this news and it wasn't pretty. stocks there down about 5.5%. banking issues in particular getting clobbered. the problem here is not the downgrade. it's the debt that brought it on. a message that seems to be getting lost in this drama. not with my next guest ron paul on the phone. congressman, you weren't and aren't surprised but...
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