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Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:14:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:14:00

Slowing the economic recovery. >> they're concerned becausehe tax hikes have to be on the way when we've got record deficits from the rest. >> they're already coming, let's look at the smaller business person, a person like me with a business that the income i get is taxed at my personal level. when you look at say, wait a minute, i'm not only paying higher taxes, but health care travesty is coming down the road and who knows about an energy tax and a vat tax. you add it up and say why would i go to the extra time and expense of hearing people when i can actually not hire people, save my money...

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:23:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:23:00

That's going to stimulate the economy, too, for a couple of months. does it have anything to do with reality? >> the point here, gary b, this would be temporary and. >> yeah. >> brenda: temporary stimulus never really gets us out of a recession, does it? >> absolutely. brenda, i tell you what, things that caroline said, i respect the heck out of her, but she makes my blood boil. for one, in the recent stimulus package we spent 100 billion was shoveled into education. two, the private sector certainly suffered during this recession, but the unemployment rate in the public sector is the best and...

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:17:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:17:00

This, is the job engine and i guarantee you, i'm not running for anything, but if i was, if you had a two year moratorium on capital gains for new businesses we'd have so many jobs created we wouldn't know what to do with them. >> and then there would be demands for loans, patrick. >> brenda: i've got-- >> yes and if i had a cookie i'd have a cookie. >> brenda: okay. >> fair enough. >> brenda: caroline, go ahead. last word. >> well, i think the obama administration is inappropriately being cast as being anti-business. i mean, he bailed out wall street instead of bailing out main street and wha...

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:24:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:24:00

World. >> you're shifting the topic, not about the quality of teachers and-- >> we're talking bailout and more money. >> 'cause they're not doing well-- we're not talking about bad teachers, we're talking about bugetary shortfalls, a very different topic. >> they have the lowest unemployment of any sector. >> brenda: hold on. >> and there's an opportunity-- >> caroline, i'm sorry, i have to cut you off. eric, does this surprise you, this is a heavily unionized industry? >> no, the biggest portion of unions, teachers are the big bit union people on the planet. guess who are the biggest supporte...

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20100612:14:03:00

People, blew them out, and you know, made the unions the owners. if they go down that slippery slope, what's to stop them from coming in and let's say, saying, they're going to take the u.s. part of bp as essentially hostage until there's some settlement done. by that time the dividend is stopped. by that time the stock is crushed. when you've killed them down to, 80% off of their value, you're probably going to get exxon or somebody to take them out and litigate the whole thing. so, absolutely. this administration's, you know, track record on getting into the corporate space, pretty good. >> ...