Detailed text transcripts for TV channel - FOXNEWS - 20131204:12:08:00
$18 billion. stuart varney was on this couch just about an hour ago. he says this essential israeli the start of something that will have a ripple effect across the country. >> you're a retired city worker and it's a troubled -- physically troubled city, you should be worried because detroit's bankruptcy sets a new pattern. it sets the new model because the detroit bankruptcy judge has said yes, you can cut pensions. it doesn't matter what it says in the michigan state constitution. doesn't matter what the unions say. yes, says the judge, you can cut pensions. >> that is gigantic. >> precedent...
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