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Detailed text transcripts for TV channel - FOXNEWS - 20110722:23:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110722:23:03:00

Whenever the markets say it happens. the markets, and we don't know, could react very negatively if no progress is made this weekend to the idea that they can't get it together, that default, which i think the markets had just assumed wasn't going to happen, could happen. and that a serious debt swing at our growing debt might not happen. i mean, this -- there could be a lot riding on what happens this weekend. >> yes. one of the things the dog that hasn't bark sod far is the markets. they have been serene, almost complacent about this on the theory that it's so obviously a bad thing not to ra...

Detailed text transcripts for TV channel - FOXNEWS - 20110722:23:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110722:23:03:00

Happens. the markets, and we don't know, could react very negatively if no progress is made this weekend to the idea that they can't get it together, that default, which i think the markets had just assumed wasn't going to happen, could happen. and that a serious debt swing at our growing debt might not happen. i mean, this -- there could be a lot riding on what happens this weekend. >> yes. one of the things the dog that hasn't bark sod far is the markets. they have been serene, almost complacent about this on the theory that it's so obviously a bad thing not to raise the debt ceiling that it...