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Detailed text transcripts for TV channel - FOXNEWS - 20111121:16:44:00

i m talking about greece and portugal and italy and spain. jenna: so this idea that we could be like europe when we look at our debt and austerity measures, that s a reality in your mind? that is a reality in my mind. there s no reason for us to believe we re immune from the laws of arithmetic or economics. we re really the best looking horse in the glue factory. that doesn t mean we re in good shape. jenna: the best looking horse in a glue factory, doug i m mr. sunshine, what can i tell you? [laughter] jenna: that s really hitting home there. when we go back to this idea of a breakthrough, and we re going to cut it here, add this here, it is tough to follow. there seems to be a certain lack of understanding of the consequence of not doing this. what is the consequence? what is the worst case scenario if we do not get this debt under control? the status quo is dangerous for america because it means our social safe net programs, social securities, medicares, medicaids won t su ....

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