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Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:48:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:48:00

Those, those municipalities have fiscal problems, the ones that do, take out the outliar, the guy that -- the one that screwed up on the deal. the reason why, taxes are high. businesses are fleeing california and all you have to do is look at-- >> taxes are high, dagen, i want to get back to you, taxes are high, the obligations, the housing market takes care of itself ultimately, but these obligations the ex-police chief who makes a quarter of a million dollars for the rest of the year after retiring at 54, that's something that can't be sustained. >> i don't think that bankruptcies are a cop-...

Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:46:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:46:00

We love our prosecutors and-- prosecutors we love the judges, we love everybody, but something's got to give. >> but that kind of sentimentality got the towns in the trouble in the first place because they promised the benefits. >> adam? >> just a sentimental guy. >> and first of all, good piece, an opinion piece by an official in usa today, pointed out there have been five municipal bankruptcy out of 50,000 municipalities and high expenses in the pension funds paying municipal workers is not the only cause of the problems. high jobless rates and falling real estate-- >> and let him jump in. >...

Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:33:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20120804:14:33:00

Ask people do you want your taxes raised, they're going to say no. a good example why direct democracy is a terrible idea. we want our representatives to make the decision and say something good about the tea party. these people are running on essentially what is an irresponsible platform. >> that's good? >> and-- i waited to see if you would say something bad. >> guess what? now they'll have the opportunity to govern and face the problems head on and i commend them. this is what they're running on and have a really hard time governing. >> ben, listen, governing, that's after the election, lea...