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Detailed text transcripts for TV channel - FOXNEWS - 20110513:09:08:00

rates for an advanced capitalist nation. no. >> we certainly do. >> bill: look. advanced capitalist nation. is holland a capitalist nation, sir? is it? >> europe is a capitalist. >> bill: no it is not. it's quasisocialism where they do cradle to the grave entitlements. playing with all due respect. you are playing a game. cradle to gave entitle entitlements what the western union is this is a much more competitive capitalistic society. i will give you the last word. you are using the catholic religion to justify the quasisocialist european model that you want. i don't think that's good. i don't think that's honest. now, i'm going to give each of you 30 seconds to make last statements. dr. miller, you go. >> the catholic position is that the market is important and it helps serve society.

We-hop-bill , It , Nation , Capitalist , Sir , Europe , Entitlements , Playing , All-due-respect , Quasisocialism , Cradle-to-the-grave , Game

Detailed text transcripts for TV channel - FOXNEWS - 20110513:08:45:00

set by recovery of the dollar. the risk premium as a result of the instability. added on in the financial market. all those are the reasons. imposing attacks will not affect the price one way or the other. the second reason it's contemptible, the democrats are claiming they will use money to redice deficit. the deficit is $1.5 trillion. you would go from $1.5 trillion to $1.498 trillion. or put it in way, not even a rounding error. another way is you could collect the tax annually for 100 years. it wouldn't cover two months of the current deficit. 100 year, two months.

Way , Attacks , Reason , Price , Result , Dollar , Other , Reasons , Recovery , Market , Risk-premium , Instability

Detailed text transcripts for TV channel - CNN - 20110513:18:45:00

money into the dream as they could scrape up. this is all highly specialized equipment. >> oh, absolutely. >> reporter: i'm guessing expensive. >> very expensive. very expensive. >> reporter: then they had an inspiration. they developed a ground-breaking product based on their experience, a fire-resistant mattress, one of the first of its kind on the market and it took off with customers. >> it gained some new business, so there was a silver lining to the cloud. >> reporter: the lessons learned of taking care of the staff and working hard and never giving up have helped them grow from a handful to 100 employees despite the recession. the mantra is simple -- >> you can't retreat. you can't retreat. you have to keep moving forward. >> reporter: that does not guarantee success, but even in tough economic times, it helps them all sleep a little easier. it is a competitive, competitive business, but they are staying in there relying on the

Reporter , Money , Equipment , Product , Dream , Inspiration , Experience , One , Staff , Care , Kind , Business

Detailed text transcripts for TV channel - FOXNEWS - 20110513:13:07:00

cuts and rein in the economy, or you could drill for oil and change the direction of gas prices. you can do a few things but they are all highly political. >> thank you so much, stu, and we'll see you at 9:20. hope it's a god day in the market. bill: he signed it into law when he was governor of massachusetts, and some claim became a model. now mitt romney says he will repeal obama-care. he says his plan was tailored for tomorrow one state and he does not agree with a one plan fits all for the entire country. >> that was a time when my plan was considered to be an asset. i hear some laughter in the room. that's not the case now. despite the fact it's gone from being seen as an asset to a liability politically, the plan

Economy , Things , Gas-prices , Direction , Rein , Oil , Stu , Bill , Huh , Law , Mitt-romney , Governor

Detailed text transcripts for TV channel - FOXNEWS - 20110513:09:09:00

but alone it's not enough. and the ancient position is that every society needs a government and in a capitalist system the government comes in and yokes the power of the market the greatness of the market to the common good. this budget cuts the top three income brackets. you will do very well under. this at the same time it cuts $500 million from a program that gives nutrition to pregnant women and infants so they can get off to a good start. bill, would you want that tax cut? >> dr. schneck, go ahead. i will give you the last word. >> you know what i would like, bill. i would like to ask speaker boehner to step up and endorse what the bishops have done this week. endorse the circle of protection. what the catholics are proposing along with the christian groups is that the government put a circle of protection around these programs for the most vulnerable of americans and it seems to me given everything that's happened, that this is the moral cause. >> bill: all right. i might point out not one catholic bishop would sign your letter. they were all asked to sign it and nobody. >> we no catholic bishop was

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Detailed text transcripts for TV channel - CNN - 20110513:16:46:00

expensive. >> very expensive. very expensive. >> reporter: then they had an inspiration -- they developed a groundbreaking product based on their experience. a fire resistant mattress. one of the first of its kind on the market. it took off with customers. >> it did gain us some new business, so there was a silver lining to that cloud. >> reporter: lessons learned about taking care of their staff, working hard and never giving up have helped them grow from a handful to 100 employees, despite the recession. their mantra is simple. >> you can't retreat. you can't retreat. you have to keep moving forward. >> reporter: that doesn't guarantee success, but even in tough economic times, it helps them all sleep a little easier. >> tom foreman joins us live from thomasville, north carolina. hey, tom, great to see you. how does a small company like this end up competing against really big manufacturers?

Bethany-harrell , The-one-and , Kind , Experience , Customers , First , Product , Market , Inspiration , Fire-resistant-mattress , One , Staff

Detailed text transcripts for TV channel - FOXNEWS - 20110513:00:08:00

rates for an advanced capitalist nation. no. >> we certainly do. >> bill: look. advanced capitalist nation. is holland a capitalist nation, sir? is it? >> europe is a capitalist. >> bill: no it is not. it's quasisocialism where they do cradle to the grave entitlements. playing with all due respect. you are playing a game. cradle to gave entitle entitlements what the western union is this is a much more competitive capitalistic society. i will give you the last word. you are using the catholic religion to justify the quasisocialist european model that you want. i don't think that's good. i don't think that's honest. now, i'm going to give each of you 30 seconds to make last statements. dr. miller, you go. >> the catholic position is that the market is important and it helps serve society.

Bill , It , Nation , Capitalist , Sir , Europe , Entitlements , Playing , All-due-respect , Quasisocialism , Cradle-to-the-grave , Game

Detailed text transcripts for TV channel - FOXNEWS - 20110513:03:08:00

rates for an advanced capitalist nation. no. >> we certainly do. >> bill: look. advanced capitalist nation. is holland a capitalist nation, sir? is it? >> europe is a capitalist. >> bill: no it is not. it's quasisocialism where they do cradle to the grave entitlements. playing with all due respect. you are playing a game. cradle to gave entitle entitlements what the western union is this is a much more competitive capitalistic society. i will give you the last word. you are using the catholic religion to justify the quasisocialist european model that you want. i don't think that's good. i don't think that's honest. now, i'm going to give each of you 30 seconds to make last statements. dr. miller, you go. >> the catholic position is that the market is important and it helps serve society. but alone it's not enough.

Bill , It , Nation , Capitalist , Sir , Europe , Entitlements , Playing , All-due-respect , Quasisocialism , Cradle-to-the-grave , Game

Detailed text transcripts for TV channel - FOXNEWS - 20110513:15:42:00

get over it. jon: well, what is the solution? i mean, they tried this in massachusetts. be that doesn't work -- if that doesn't work, what do you suggest? is. >> well, president obama -- i mean, governor romney yesterday actually proposed a pretty good plan for the federal government. this would allow more competition, allow different states to experiment. don't impose a mandate, but go back to a more private market model where you allow individuals to control your own health care, to remove the tax subsidy that currently exists only for employer-sponsored health care, let individuals get that same kind of subsidy, create more of a market for individual health care plans and small business plans. and that would help reduce the costs of health care. that is a good proposal he made yesterday, and if it were passed nationally, would make a difference. but it's very different from what he did in massachusetts and very different from what president obama has passed. jon: all right. paul gigot, thank you very much. you can hear more from paul tomorrow, he is host of journal editorial report, runs at 2 p.m. eastern right here on fox news

Jon-scott , President-obama , Government , Make-plan , Solution , Mitt-romney , Doesnt-work , Massachusetts , Why-don-t , Health-care , States , Individuals

Detailed text transcripts for TV channel - FOXNEWS - 20110513:00:09:00

but alone it's not enough. and the ancient position is that every society needs a government and in a capitalist system the government comes in and yokes the power of the market the greatness of the market to the common good. this budget cuts the top three income brackets. you will do very well under. this at the same time it cuts $500 million from a program that gives nutrition to pregnant women and infants so they can get off to a good start. bill, would you want that tax cut? >> dr. schneck, go ahead. i will give you the last word. >> you know what i would like, bill. i would like to ask speaker boehner to step up and endorse what the bishops have done this week. endorse the circle of protection. what the catholics are proposing along with the christian groups is that the government put a circle of protection around these programs for the most vulnerable of americans and it seems to me given everything that's happened, that this is the moral cause. >> bill: all right. i might point out not one catholic bishop would sign your letter. they were all asked to sign it and nobody. >> we no catholic bishop was

Government , Position , Society , Market , Budget , Power , System , Greatness , Income-brackets , Common-good , Three , Bill