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Detailed text transcripts for TV channel - FOXNEWS - 20110808:13:06:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110808:13:06:00

We do know jay carney will be speaking at 1:30. i can tell you this, we heard from the s&p managing director right on our air on fox news earlier today, john chambers, explaining why s&p did this: >> there were two things that were represented. one was the politics, and although the political settings in the united states are still strong, they are not as strong as we had thought previously compared to other highly rated governments. >> the s&p has shown really terrible judgment and they have shown themselves poorly and show a stunning lack of knowledge about u.s. fiscal budget math and came t...