Detailed text transcripts for TV channel - CNN - 20110528:17:12:00
Unlike some of the discussions gone on in europe. talking about entitlements, this were things people expected to get and the government said, we're in too much trouble, you're not going to get those same things. and they were rioting in the streets and it's hurting their economies. how does that compare? should this be a warning signal to us? >> it certainly is a warning signal. it's a shot over the bough. the u.s. is in much better shape. yesterday i was talking to senators working on bipartisan long-term restructural of the deficit. one of the things they were talking about is what's going ...