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Detailed text transcripts for TV channel - FOXNEWS - 20100428:08:41:00

S.e.c. didn t see it, fed didn t see it, chairman of the fed didn t see it. fannie and freddie which were protected by especially the congress and democrats in the congress added the fuel. they are arguably the most culpable of this entire affair. and the transfer of power to the feds is what the bill is all about. democrats as we heard reid say or promising he would do x, y and z, all of that is speculative. it s increasing a lot of power, not only in washington, but also the treasury. and it assumes they ll have superior wisdom next time around. i think that is questionable. the republican argument says look at how much power is increased. if you do the consumer protection so-called, you have to provide eformouse amount of information about transactions, individual ones to the government. and hope it will not end up being disclosed. that is a big hope. normally i expect people on the left, civil libertarians ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100427:22:14:00

We will move to that more quickly than a bill we don t have. i don t have an immigration bill. bret: meantime, the backlash is growing to arizona s new immigration law, which does what state officials contend the federal government will not. correspondent molly henneberg reports it has many in washington playing defense. reporter: the obama administration has not been lax in patrolling the u.s.-mexico border. janet napolitano insisted to a senate committee today. the secretary of homeland security and former governor of arizona tried to deflect the argument that a porous border forced arizona to pass a controversial immigration law last week. i know that border i think as well as anyone. do you think it s secure? and i will tell you, it s as secure now as it has ever been. reporter: that is not how arizona republican governor sees it. she signed the new law set to go into effect in mid-summer making at it crime under state law to be in the u.s. illegally because she says th ....

Bret Baier , Immigration Law , State Officials , Immigration Bill , Bill We Dont Have , Molly Henneberg , Obama Energy Official , Hyperventilating In Washington , Homeland Security , Senate Committee Today , Us Mexico Border , Playing Defense , Janet Napolitano , State Law , Hit Crime , Claw Set ,

Detailed text transcripts for TV channel - FOXNEWS - 20100427:22:18:00

Papers, the law says there first be lawful conduct so it refers to situations where someone has been stopped for other law enforcement reasons. in fact, once you read this law it becomes clear the fuss over it has little to do with breathing in arizona and a lot to do with hyperventilating in washington. bret? bret: what do you think the political impact of all of this reaction to arizona might do to the immigration legislation here in washington? well, the first thing i think will happen is the big fuss over the arizona law will die down as the law goes into effect and people will see it has none of the drastic consequences. the effect of that will be to further diminish the impetus for immigration legislation this year, an issue i don t think even if they took it up they could get passed, witness what you heard lindsey graham say in molly s report. bret: thanks. federal authorities say they have broken up a sophisticated drug trafficking ring, along the southern arizona border. ....

Law Enforcement Reasons , Bret Baier , Hyperventilating In Washington , Immigration Legislation , Lindsey Graham , Southern Arizona Border , Drug Trafficking Ring , Molly Henneberg ,

Detailed text transcripts for TV channel - FOXNEWS - 20100427:22:15:00

Influence of illegal immigrants and drugs. with my five letters that i have sent and have spoken to the president personally in regard to that, has been met with complete, total disrespect to the people of arizona. i mean we don t even get an answer back from our letters in regard to securing our border. so given that, i think that it was time that arizonaens did step up. reporter: at immigrant advocacy groups in washington and elsewhere, protested the arizona law, attorney general eric holder called it unfortunate and subject to potential abuse. secretary napolitano blamed congress for not passing immigration reform. one of the motivations behind the arizona law was frustration with the perception that congress was not moving on this issue at all. reporter: senate democrats said don t look at us. we spent more time on immigration than any other issue last congress. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20100427:22:41:00

S.e.c. didn t see it, fed didn t see it, chairman of the fed didn t see it. fannie and freddie which were protected by especially the congress and democrats in the congress added the fuel. they are arguably the most culpable of this entire affair. and the transfer of power to the feds is what the bill is all about. democrats as we heard reid say or promising he would do x, y and z, all of that is speculative. it s increasing a lot of power, not only in washington, but also the treasury. and it assumes they ll have superior wisdom next time around. i think that is questionable. the republican argument says look at how much power is increased. if you do the consumer protection so-called, you have to provide eformouse amount of information about transactions, individual ones to the government. and hope it will not end up being disclosed. that is a big hope. normally i expect people on ....

It Didn T , Fed Didn T , Fannie And Freddie , Harry Reid , Hyperventilating In Washington , Consumer Protection , His Questionable , Big Hope , Eformouse Amount ,