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Detailed text transcripts for TV channel - MSNBC - 20130821:03:42:00

For the city for 16 years i need my pension for basic human needs. i m 80 years old with age-related medical conditions. therefore i have to pay for medical co-pays as well as prescribed medications. these people, they re not the ones that bankrupted detroit. all they did was work for years for not a ton of money, and a promise they wouldn t have to die poor. they are the ones who are going to be most at risk in a bankruptcy proceeding. today we learned there s a lawyer whose sole job is to make sure all the other lawyers involved in this mess don t get paid excessively. that s right, a lawyer acting as a fee examiner, that guy is getting paid $600 an hour, discount it should be noted from his usual $675. as the largest municipal bankruptcy worked its way through the court, what you re seeing is all sectors panicked about who gets hurt and who gets ....

City Of Detroit , Co Pays , Human Needs , Bankruptcy Proceeding , Bankrupted Detroit , Mess Don T , Lawyer Acting , Fee Examiner ,

Detailed text transcripts for TV channel - MSNBC - 20130821:07:42:00

Ones that bankrupted detroit. all they did was work for years for not a ton of money, and a promise they wouldn t have to die poor. they are the ones who are going to be most at risk in a bankruptcy proceeding. today we learned there s a lawyer whose sole job is to make sure all the other lawyers involved in this mess don t get paid excessively. that s right, a lawyer acting as a fee examiner, that guy is getting paid $600 an hour, discount it should be noted from his usual $675. with as the largest municipal bankruptcy worked its way through the court, what you re seeing is all sectors panicked about who gets hurt and who gets saved. it s going to be completely disconnected from any semblance of the normal mechanisms of democratic accountability. the bankruptcy court is not a democracy. ....

Bankruptcy Proceeding , Bankrupted Detroit , Mess Don T , Lawyer Acting , Fee Examiner , Bankruptcy Court ,

Detailed text transcripts for TV channel - MSNBC - 20130821:00:42:00

Needs. i m 80 years old with age-related medical conditions. therefore i have to pay for medical co-pays as well as prescribed medications. these people, they re not the ones that bankrupted detroit. all they did was work for years for not a ton of money, and a promise they wouldn t have to die poor. they are the ones who are going to be most at risk in a bankruptcy proceeding. today we learned there s a lawyer whose sole job is to make sure all the other lawyers involved in this mess don t get paid excessively. that s right, a lawyer acting as a fee examiner, that guy is getting paid $600 an hour, discount it should be noted from his usual $f6 his usual $f6 75. with as the largest municipal bankruptcy worked its way through the court, what you re seeing is all sectors panicked about who gets hurt and who gets ....

Bankrupted Detroit , Co Pays , Mess Don T , Lawyer Acting , Bankruptcy Proceeding , Fee Examiner , F6 75 ,

Detailed text transcripts for TV channel - MSNBC - 20130821:07:54:00

This is a contractual obligation. i just find it kind of striking here because there s such a selectivity about how we view the contracts. you might remember back when aig was bankrupt. there was a big issue they had these bonuses for their top people. hundreds of thousands of dollars per person. and we ended up paying them because we got lectures including from people in the obama administration about the sanctity of contracts. well, here you have contracts with workers guaranteed by the state constitution that apparently don t mean anything. let me just emphasize that because that episode was, it was fairly early in the obama administration. there were all these bonuses set to be paid to top aig executives. they were going to be lots own lots of money. there was large outrage across the political spectrum. the answer from everybody were these bonus had to be paid because these were contractual obligations and you could not just rip up contracts. exactly. and here it is, you know, ....

Barack Obama , State Constitution , Mess Don T ,

Detailed text transcripts for TV channel - MSNBC - 20130821:03:11:00

Beginning. he s been very loud, very outspoken, and it is very easy to find people in washington in the republican party who cannot stand the guy. here he is essentially saying why that is. take a listen. you may not know that, but that was actually my first time ever to speak on the floor of the senate. there is a tradition in the senate that junior senators should be seen and not heard. i haven t entirely managed to comply with that. does this guy have as many enemies in texas as he already done in d.c.? oh, most definitely he does not, and the reason he does not is because the same people he s fighting against, the people back in texas, don t like either. he is he is an emblem of the anger of the state of texas institutionally against the federal government. what rick perry has talked about for the last couple years, ted cruz has now doubled down on that idea. every time he runs afoul of lindsey graham or john mccain or mitch mcconnell, he becomes more popular in texas as a ....

Cannot Stand The Guy , Texas Senate , Haven T , Mess Don T , Fighting Against , Ted Cruz , United States Government , Mitch Mcconnell , Rick Perry , John Mccain , Lindsey Graham ,