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Detailed text transcripts for TV channel - MSNBC - 20121230:22:47:00

Who loses? let s bring in bob frank en syndicated columnist. thanks for being back. if we go over the fiscal cliff works comes out on top? it sounds like the president does, after all, he s the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. let bring in paul cain, congressional correspondent for the washington post. you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with t ....

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