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Detailed text transcripts for TV channel - FOXNEWS - 20120104:18:37:00

recess appointment. what we have here is the president actually not only violating that precedent, martha but violating what his own administration argued just about two years ago when their own deputy solicitor general argued to the supreme court that the president can t make this kind of recess appointment if the senate is out of session for less than three days. martha: this is sort of the detail issue of this in terms of the big picture. do you think anything is going to change? do you think everybody is going to say okay, this is what happened or are they going to fight it? i think john boehner is furious about this. it raises constitutional issues. president obama has never hidden what he wants to do, what haste philosophy is. he has told us over many months that he s going to end run the congress, democrats and republicans alike. recess appointments, this is one of the many paces to th pieces

Detailed text transcripts for TV channel - FOXNEWS - 20120104:18:38:00

recess appointments, this is one of the many paces to th pieces to the pudz h the puzzle. martha: let s bring in sally. you have republicans who are not going to confirm the man to the position because they object to the existence of the agency that their own congress passed. the president, though it sounds wants to protect american consumers from the excesses and dangers of a financial sector that has got even out of control, and without question has created record foreclosures, has hurt our economy, has hurt the cause of jobs. he wants to create some accountability. martha: as the president said no one is objecting to richard cordray as a person, a capable man, someone who can handle this job. the problem is the agency itself, that it will be a huge bureaucrat i can power grab, that it will make it tougher for businesses to do business. sally, we had so many agencies and institutions in place,

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