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Detailed text transcripts for TV channel - FOXNEWS - 20111022:15:35:00

al gore sitting on the panel and we got green and influence all over the place and it is not working. i had the pleasure of interviewing ceo barry gold. he said it was a mistake for the government to invest in his business. it doesn't work. >> wayne, tell us what you think? >> no, no, i think she is on to something. this guy george kaiser who is a big deal in oklahoma. made 16 trip to the white house prior to solyndra thing. he gave massive amount of money to the obama administration and congress. this is a question. they are bribing the congress to get these things which is destroying the united states. >> regina, i want to go back to what john said. organizational of the white

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Detailed text transcripts for TV channel - FOXNEWS - 20111022:15:53:00

thing. penal system has to do with resussitating somebody's life and bringing somebody back and making good on them and they will get a certain amount of time and they turn into a good system. separate taperson out from the peace-loving people in the society so he doesn't destroy or. that has no place at all. >> and regina, the program is out there in a federal level and some companies get breaks for hiring veterans. is this beating a dead horse. pran fran is late to the party. >> this has been in place in 1996 . newt gingrich passed. and the law passed and including excons and veterans on food tamps and now 11 groups now which include veterans coming

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Detailed text transcripts for TV channel - FOXNEWS - 20111022:15:32:00

to the white house in the weeks before that guarantee went through. congress is being bribed by somebody else in order to do this and they are producing jobs not in the united states but over seas. who is deciding who gets the money? that's t key and where the secret is. >> that's a good point. i want to take it to regina. we saw vice-president biden saying it will create jobs in delaware and help with the laid off autoworkers. >> it has partially happened. one of the reason that the fisker ceo had to go over seas. we don't have the plant related to the price of a 90,000 which clearly i don't know who will buy. but they took 20 million and bought an old gm plant and set aside 145 million for renovation and that will open up in late

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Detailed text transcripts for TV channel - FOXNEWS - 20111022:15:42:00

realistic plan to do that. >> regina he suggested repealing obama care and get rid of dod frank and then get the government out of >> he want to do a lot more. it is an len page document. it is not just eliminating those agencies but reduces funding for preschool programs for impoverished kid and eliminates the policing program that was put in place in the 1990s that led to a decrease in crime nationwide. they are cutting low to middle income and he wants to extend the bush tax cuts and repeal all taxes on the states. and repeal whole heartedly on dod frarching. and those --

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Detailed text transcripts for TV channel - FOXNEWS - 20111022:15:55:00

nor a felon or a vet. business person needs to make their judgment of who helps their bottom line. >> and regina. thank you for joining us it was great to have you. >> coming up. the economy is putting sanda in a bad mood. find out why.her laptop bag or hires another employee, it's notust good for business. it's good for the entire community. at bank of america, we know the impact that local businesses have on communities. that's why we extended $7.8 billion to small businesses across the country so far this year. because the more we help them, the more we help make opportunity possible.

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Detailed text transcripts for TV channel - FOXNEWS - 20111001:14:23:00

health plans jumping nearly 10% last year and topping 15 grand the first time ever. toby you say they're only going higher. >> they are, they're mandating coverage now that many health plans never offer. mandating cadillac plans number one and number two mandated 100% universal coverage and we know in new york and other states they've averaged 8 to 9% rate and simply because it's like selling fire insurance after your house burns down and if you happen to sell insurance after the house burns down and preexisting conditions you're going to have higher use rates. >> brenda: regina? >> the 10% increase that occurs this year according to the wall street journal, the papers mere at newscorp, 1 1/2% of that 10% was affiliated with the affordable health care act and the other were increases made by health insurance companies and quite frankly that was the average. over the past decades, premiums by families increased 133%, that means about 13% per

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Detailed text transcripts for TV channel - FOXNEWS - 20111001:14:14:00

know, the current administration showing the totally tin ear how the market and the economy really works. what it basically did, every time you went in and used your debit card at a retailer, the banks got 44 cents. the government said, he no, now you only get 24 cents, so, the banks look operating like any business says, well, we've got to get our profits somewhere, we're trying to defend our profits for shareholders and they passed it onto the colonel and that's why bank of america raised its fees for using the debit card and that's why free checking is going away. that's how the economy works. price controls don't work. now, maybe the customer reacts and starts using cash and moves away from companies like bank of america, all well and good, but for now, the consumer is getting it right across the back side. >> brenda: okay, who do you blame, regina. >> actually i don't blame anyone. i don't see a problem with this, this is a service the bank is providing and the consumers have to pay. when you have a checking account that's below a certain limit and you used to use

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Detailed text transcripts for TV channel - FOXNEWS - 20111001:14:25:00

not see the stock for a while. >> brenda: of gary b. >> regina is it a greatest strategist. looked 10% increase look like a decrease, below the trend. the point is that the administration said your health care costs are going to be flat or go down. they are going up, the reason is simple, it's the same as in our previous segment, it's a ten year on the free market. you can't use price controls and can't mandate that. now insurance companies have to take all of the people for free, and the insurance companies have to pass those costs on. they're going to pass the costs on. matt's right, right at the top of the block here, our rates are just going to keep going up. >> that's got to be the last word, thanks, guys, and thanks to regina for joining us. a tablet war erupting not just between the ipad and the fire, the other high-tech gadgets taking on the giants and making you a bundle. [ junior ] i played professional basketball for 12 years.

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Detailed text transcripts for TV channel - FOXNEWS - 20111001:14:18:00

prices because that's what happens. >> brenda: regina, what do you think. >> i think there's tremendous amount of small banks, i live on long island and there are small banks popping up everywhere. >> ask them to make a deposit. >> and a lot of credit unions as well which people can do to, there's a tremendous amount of competition they can go to if they choose to move away from the one of the big banks. >> there's competition, but people are missing the bigger point. why is it government's job to get in there and muck things up? i mean, if i'm bank of america, saying, why are you favoring the smaller banks? we built this from scratch just like everyone else and why are the retailers favored against the people using the debit card? it's not the government's job to come in there and say, this is what we think is fair and this is what we should-- >> no, no, that's a planned economy, works fabulously. >> brenda: okay, that's got to be the last word, thanks so much. remember this? >> this law will cut costs and make coverage more affordable

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Detailed text transcripts for TV channel - FOXNEWS - 20111001:14:01:00

spending money and creating demands for goods and services, ceo's are saying, wait a second we're not seeing demand and why am i not going to hire and we may have to lay people off. and it's not that they're falling off. and big concerns when the report came out capital expenditure, cap x. how much money that the countries are going to be spending on goods to increase, you know, their production of goods, is actually looking to drop as well. so, that is going to have a trickle down effect and we're going to eventually get down to you and i, unemployment jumps through the roof and 10% the end of the year. >> regina, what do you think. >> i think the survey was bogus, it was done by the business counc, the same lobby group that lobby today redid he deregulate the industry. when the business council comes out with a survey one in four ceo's are actually-- >> for 40 years and. >> the validity of this and the reason why, is because are these the same ceo's that last

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