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Detailed text transcripts for TV channel - MSNBC - 20111001:12:33:00

With dixie reflects on regulations that seem very obscure to us about the basil acords or how much capital requirements a bank has to hold for a mortgage versus a mortgage-backed security. the fact is that we set up rules that encourage lenders to make risky loans because then they can resecuritize them. and the originator would get his bonus for making the new loan, and that was his incentive. that s all and the broke we re get his cut for making that phone call. exactly. and there was no responsibility taken for, is this actually a good investment. right. but i want to push back here because i i think we re all in the same place emotionally with this but i get uncomfortable when everyone s agreeing with each other. so to say i think people, conservatives, i think and i tweeted about this yesterday said, well, you know, this is exactly this is personal responsibility. like, you take out a bad loan. you can t pay it. and you we are all we are all the masters of our ....

Bank Of America , Mortgage Backed Security , Phone Call , Each Other ,

Detailed text transcripts for TV channel - MSNBC - 20111001:12:35:00

Increase my live savings and retirement if i invest in this new house. that wasn t a bad personal choice. that was a choice they made based on the information available to them. right. and it was being advertised. i think part of what we re seeing here is a break between the conservative or perhaps partisan ideology behind ideas about personal responsibility, for instance, free market. and what also what was sold based on those ideas and a market that was booming. we re seeing a break between that kind of ideology and the actual personal experience of millions of americans. i think there s a very strong connection between the story we just heard from dixie and your earlier segment on occupy wall street. there was demonstration yesterday in boston in which i don t know how many people, between 1,000 and 3,000 people sat in at bank of america. these are the labor protests in wisconsin. these are to some extent the original tea party protest. there is a personal dissatisfaction with ....

Wasn T , Wall Street So What , Free Market , Occupy Wall Street Movement , Bank Of America , Labor Protests , Tea Party Protest ,

Detailed text transcripts for TV channel - MSNBC - 20111001:12:27:00

so, i was on the phone with dixie, my staff and i, for about an hour getting her story. the thingly say to people watching, i have spoken to a lot of people. that is not at all a unique situation. no, there s millions of people like that. millions of people. a lot of people who all it takes essentially are two things to happen and you re out, right? one illness and one job loss. one illness and one adjustable rate morning know mortgage increase. people are one break they have a safety net strong enough to hold them for one bad break but not for two. dave? to have these stories to coincide with the 15th anniversary of clinton s welfare reform. people that opposed it at the time said these are economic boom times in the 1980s. what s going to happen if the economy falls out and there s no net for people? i think the fruits of that are coming home right now for thousands upon thousands of american families. michael, what did you make of dixie s story? well, it s extremely sa ....

People Watching , Job Loss , Mortgage Increase , Safety Net , Dave Zarin , Welfare Reform , 15th Anniversary , Michael Dougherty , Coming Home ,

Detailed text transcripts for TV channel - MSNBC - 20111001:12:26:00

They are not worried about us little bitty people because they don t see us. but they don t understand that money they was bailed out with and now they use they using it against us to not help us to keep living. so, they re really trashing us and throwing us in the street. dixie mitchell, she is 71 years old in seattle. her home of 30 years, 30-plus years, is on the block right now. she s got a month left. do you have a website, i believe, people can learn more about your story. it s the seattleforeclosurefighters.com. i really appreciate you coming on this morning. okay. they can go to facebook save grandma s house and everything will be there. okay. thank you, dixie. thank you. ....

Mo Money , Dixie Mitchell , Living Situation , The Street , The Block , Save Grandmas House , Seattleforeclosurefighters Com ,

Detailed text transcripts for TV channel - FOXNEWS - 20110821:06:47:00

On some narcotic made with methane and window cleaner. a new study from the university of oklahoma finds macho men are more likely to die in an accident. southern and western states with a culture of honor have higher accidental death rates for white males. the study defines culture of honor as a relentless defense of masculine reputation. it sounds like feminist dribble meant to down grade sweaty, well-built men like myself. when obama heard this he said i hope rick perry threatens the fed again. way to bring it back to the whole political issue. right. but i don t care. this is a failed attack on the north. it says northern men are all wooses. it is like the dixie are whats. wars. that s why everybody loves rick perry from texas. isn t this true? both of you have made ....

Window Cleaner , University Of Oklahoma , Barack Obama , Rick Perry , Dont Care , Dont Mess ,