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Detailed text transcripts for TV channel - FOXNEWS - 20131129:01:01:00

Detailed text transcripts for TV channel - FOXNEWS - 20131129:01:01:00
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No spin zoneTalking points editionBillo reillyWashington dcNo end in sight0 trillion670 trillionWorld war ii

Detailed text transcripts for TV channel - FOXNEWS - 20130817:17:45:00

trillion in the hole. according to his calculations, it s more like 70 trillion. that s a lot. jonathan hone ig is a portfolio manager for the capitalist pig hedge fund. is that the highest it s ever been, jonathan? indeed. and i think that under states it. these government numbers have been doubted for years on everything from inflation to unemployment and most certainly the debt which of course the government has an interest in minimizing so it can continue to spend more and more. people might be surprised to learn that the u.s. treasury s balance sheet doesn t include the hundreds of billions of dollars in loan arrangements, in deposit insurance, in retirement expenses for federal employees, and of course social security and medicare. i mean, medicare alone has an unfronted liability of about $43 trillion. put it all together, and some estimates have it as high as $100 trillion in unfunded liabilities. that shows up nowhere on the treasury s balance sheet. you re making a lot of

Hedge fundPortfolio managerJonathan hone ig670 trillionGovernment numbersDoesn tDeposit insuranceRetirement expensesLoan arrangementsSocial securityUs treasuryBalance sheet00 trillion100 trillion143 trillion3 trillion

Detailed text transcripts for TV channel - FOXNEWS - 20130817:17:48:00

perspective, a real bad investment for this country. look, it wasn t a huge portion of the 70 trillion we re talking about, but did the stimulus work? the hundreds and hundreds of billions of dollars spent from everything from green energy jobs we re still waiting for those to of course habitats for homeowners and help out for homeowners, none of it has really produced any demonstratable results when it comes to the recovery. in fact, the economic recovery from this recession has come at about half the rate of previous recession recoveries. so all the spending hasn t yielded the results but yet we re going down the same road once again. okay, i hope down the road you ll be able to come and paint a better picture. but it s good to hear a realistic view of where we are. big number. thank you. thanks,s jonathan. great to have you on. tight economy out there, might be too tough to buy a cup of coffee. speaking of coffee, a new warning. we will take a look at a link between heavy

Wasn tStimulus work670 trillionCourse habitatsGreen energyHasn tRecession recoveriesS jonathanCoffee consumption

Detailed text transcripts for TV channel - FOXNEWS - 20130815:13:00:00

you busy all season? there is animals everywhere. north america, top to bottom. peter: can aidry yep give us a big wave. brian: she ll be back tomorrow. gretchen: see you then. bill: you know what that is, martha? martha: what? bill: that s a bear market, folks. claim by an economist who says the national debt which stands just shy of 17 trillion isn t even close to what the government and you the taxpayer really owe. oh joy. martha: fantastic. bill: i m bill hemmer. welcome to america s newsroom. martha: and i m fine. i m martha maccallum. good morning, everybody. the gentleman who came with this is james hamilton. he is a economics professor at university of california at san diego. and he claims that the true national debt is more like 70 trillion dollars. and that the government has been low balling us for years according to him by keeping

Martha maccallumUniversity of california at san diegoEconomics professorJames hamilton670 trillion370 trillion dollars

Detailed text transcripts for TV channel - FOXNEWS - 20130815:13:01:00

certain debt off the books. bill: with the government on the hook for ious like social security and medicare and pension promises across the country, combined with an aging population, america could be in a whole lot of hurt. charles payne, fox business network. 70 trillion, do you buy that, charles? bill, not only do i buy it i think that number is on the low side. bill: the real number could be higher than 70 trillion? how come? you hit on it. some unfunded liabilities. medicare is about 50 trillion. social security 20 trillion. we have new entitlements coming online. who will know what the obamacare law will emerge as. ultimately you can see that is a entitlement costing us a lot of money. 30 million people getting health insurance instantaneously. off the books stuff is alarming. economic malaise was triggered when the off-balance sheet stuff at wall street was revealed and

Social securityNorth americaAging populationGuns wasnt doing itCharles payneFox business network670 trillionObamacare law20 trillion50 trillionOff the booksWall streetHealth insurance30 million