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Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:04:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:04:00

Back and it's tined kind of two things. where you need to do cuts and the other thing, and if we don't make our debt payment. >> brenda: but, eric, the question is, now? >> no, not now, not ever. don't increase taxes at all. the only thing that seems the job market is-- >> why not increase now. >> when you increase tax you drives businesses away. jonas, you'd punish the people, taxpayers because they're spending in washington and that's going to make them stop spending. what are you smoking there my friend? what it should trigger, it should trigger a flush of washington d.c., the whole congres...

Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:03:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:03:00

And the trigger should be triggering cuts in the the run away benefits, medicare, medicaid, social security, and if people are going to live to 65 years old. >> you want to nickel and dime people who don't have a lot of nickels and dimes, toby. >> and kill the economy because it kills our dollar and it kills, the interest rates. >> and kills-- >> 600 billion dollars in tax hikes. >> now what. >> and let me, let me-- let's let jonas in here, he may surprise you. >> okay, anything, anything, that is a punishment to not cut spending is a good thing, a move in the right direction, a perfect note. ...

Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:29:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20110514:14:29:00

>> predictions, jonas on the hot seat. >> we don't always like insurance companies, but play an important role in like this. spdr, etf's. >> brenda: gary bull and bear. >> i am a bearish, another leg down for this one, unfortunately. >> brenda: your prediction. >> another leg down, oil, i think it's doing to drop and doug, the opposite way, i think it's up 25% in the next he three months. >> brenda: jonas, bull or bear. >> i think that oil is going down, too. >> brenda: all right. tobin, your prediction? >> all right. tivo, now on your dvr, you're going to be able to buy stuff and bolling coul...