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Detailed text transcripts for TV channel - FOXNEWS - 20120819:05:35:00

That is promise gone wrong number five. it s time for strong reliable protection zbloojts protects. john: congress passed a new bureaucracy to stop credit card from penalizing you. unless your business depends on cutting corners, you have nothing to fear from reform. john: yes, you do. once credit card companies could penalized late pairs. rates went from 13% to 15%. credit card interest went up. banks stopped offering credit to some people. j.p. morgan chase cut off 15% of its customers. hundreds have thousands of ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120819:05:36:00

People that can t get cards and all of rest of us have to pay more for credit. john: maybe they are better off not having credit because they couldn t handle it. just to say they don t have a credit card doesn t mean they don t have credit. john: they will go to more expensive plays. local pawnshop to get money. john: and really get ripped off. payday lenders make small, short term loans. a bill came in, it was little higher than i anticipated. but the annual interest posted clearly 521%. some places charge more. 800% interested is legal? maybe not once consumer protectors ban the abuses for payday loans. but what elites call abuse, some consumers call a way out. i know people say, predatory lending, but if you have an ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120819:05:47:00

Producers with ethanol. we don t look at rising price of milk and excessive fertilizer that were used to produce corn. john: food prices are higher because so much goes to ethanol and we consume a lot of corn. corn syrup helps create the meat we eat. steve who raises cat sl mad the feed costs more because ethanol has been both mandated and subsidized. if you want to do the same thing for the ethanol guy, you have to mandate that absolutely every man and woman and child in america has to eat 50 pounds of beef and you are going to give me more money on the steers. john: ethanol wants more subs does while talking about free markets. you should have free market competition. it means no subsidies, you ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120819:05:32:00

There are so many tax benefits for livestock beegd and alpacas are easy to raise. have uncle sam help you buy your alpacas. have uncle sam but ends up paying for them, uncle sam. john: lots of people are getting in on it. i could never write it off. after purchasing the alcapas, it became a sacks writeoff. john: they asked members on a scale of one to ten, what motivated to you buy. more than half rated tax benefits. we got it to it for tax reasons. john: they sound like accountants. take a deduction. depreciated over five to seven years. john: they are also valued ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120819:05:07:00

john: so we raised the price of used cars. we reduce the cars given to charity. we barely affected the environment and we spent several billion dollars. why doesn t the government butt out? you can t create a program that is going to make everybody happy. the larger goal for cash for clunkers were hoonlable. he can leave with that but can taxpayers? on to promise number nine, congress must guarantee americans a living wage, only fair. protestors and politicians agree wages should be higher. its fairness issue. john: for years it was $5.15 an hour. congress raised it to 7.25, progressives say it should be ....

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