Detailed text transcripts for TV channel - FOXNEWS - 20100811:20:01:00
Gibbs acknowledged the u.s. is not immune to this but no indication the white house is slowing down on any of its spending stuff that could leave, well, us stuffed. today just signing something called the manufacturing and enhancement act of 2010 at the white house. moment ago the feds signaled it will look at $18 billion in government debt in a bid to jump-start the economy. that means the federal reserve is going to pounce into the markets to buy up mortgage-backed securities, treasury securities, in an effort to bring yields and rates down more. they're already at zero my friends. i guess w...
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