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Detailed text transcripts for TV channel - FOXNEWS - 20100830:20:04:00

Website and look at the table for the budget and in 2000 when bill clinton left office and he was not a piper for government spending the federal government consumed 18 percent of g.d.p. and look where we are now: 25 percent of g.d.p. and look what share iraq is, and i am not a fad of nation building but iraq is not ever one 1 percent point of g.d.p. and this is all big government domestic spending beginning with no bureaucrat left behind under bush and continuing through government run health care under obama. neil: you are right. we put this up to say if you want to go ahead and put iraq on the budget, something we add vehicled throughout the world with president bush, put it on budget, people would understand the urgency of the matter and even in the controversial later days of the bush administration, would have whined but would have appreciated that it was on budget so in you throw it on budget this is the reality. now the reality is, in this ....

Bill Clinton , Big Government Domestic Spending , Nation Building , Neil Cavuto , We Add Vehicled , Health Care , President Bush , Put It On Budget ,

Detailed text transcripts for TV channel - FOXNEWS - 20100826:06:09:00

I have no idea when it s coming. it could be a month from now. it could be five years from now. i don t know. but the piper is going to have to be paid. i said it about 5,000. now cnbc is saying gee, we might hit 5,000. a year later i warned about what else was headed our way. say that with knowledge of what is coming. and what is coming is a depression. if you let things fail, a depression is coming. glenn: why did i say that? notice the last sentence. if you let things fail, a depression is coming. why did i say that? i was saying don t just say hey, we can t bail things out, we can t bail things out. let them fail. no, no, no. i said at the time let things fail with full knowledge that it means a depression. it will be worse if you don t. ....

I Dont Know , Now Cnbc , Don T ,

Detailed text transcripts for TV channel - FOXNEWS - 20100826:20:47:00

Cycle we least understand. neil: what reverses it? guest: well, there is no, whether cash for clunkers or cash for appliances or housing subsidies, there is no quick fix to this cycle. we got into this mess because we went through a multi- year credit cycle, credit expansion, that went absolutely, we let it happen, at all levels of society, including the government, that we went through a credit cycle from 2001 and 2007 and we are paying the piper now because a lot of this debt is bad and has to be extinguished. neil: years more of this ahead. guest: well, what does list teach hitch teach us? these are basely for our five quarter affairs and we get a tremendous stimulus from the government and move on, but, in a leveraging cycle we are talking about excesses of credit from a previous cycle and we are ....

Neil Cavuto , Cash For Clunkers , Credit Cycle , Credit Expansion , List Teach , Move On ,

Detailed text transcripts for TV channel - FOXNEWS - 20100825:21:09:00

Me. i have no idea when it s coming. it could be a month from now. it could be five years from now. i don t know. but the piper is going to have to be paid. i said it about 5,000. now cnbc is saying gee, we might hit 5,000. a year later i warned about what else was headed our way. say that with knowledge of what is coming. and what is coming is a depression. if you let things fail, a depression is coming. glenn: why did i say that? notice the last sentence. if you let things fail, a depression is coming. why did i say that? i was saying don t just say hey, we can t bail things out, we can t bail things out. let them fail. no, no, no. i said at the time let things fail with full knowledge that it means a depression. it will be worse if you don t. ....

I Dont Know , Now Cnbc , Don T ,

Detailed text transcripts for TV channel - FOXNEWS - 20100812:20:53:00

We re putting off the pain. neil: how long does it drag on? as long as we are willing to put off the pain. at some point we have to pay the piper and take the pain. when we do that, mortgages go back to normal levels and neil: already some of the key markets are down 40, 50%. some will be looking at another double digit hit. if that were the case, a home just isn t a good investment. no. if that were the case it isn t. the buy and bail people think it s a good investment or they wouldn t buy, they would just bail. they re buying something because they want to be somewhere before the credit rating goes down the toilet because they think it s a good investmenty. neil: other realtors tell me this is better than nothing and gives oxygen to the industry. not a good idea. we need oxygen but there s a price. neil: what will get people turning around? ....

Home Just Isn T , Case It Isn T , Double Digit , Credit Rating , Neil Cavuto ,