Detailed text transcripts for TV channel - FOXNEWS - 20111229:23:55:00
>> they say it doesn't matter because time for these things to get done. it is part of a broader strategy to shore up saudi arabia. more moderate regime as a counterweight to iran. it clearly is. in terms of the sanction, the issue that the administration is they are concerned about the economy, the global economy. that would be the only reason obama is against it. geithner warned against a adverse path in oil prices and hence, the fragile economy. >> chris: less than a minute left. your thought on the saudi arms sale? >> it's an old issue. when reagan wanted to sell it and there was an argue ...
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