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Detailed text transcripts for TV channel - FOXNEWS - 20130128:02:16:00

be washington, d.c. had all this money pouring. in in washington, d.c. really what matters in a lot of cases is connections, relationships, and if you are not in that closed circle, you are not going to get access to the funds. sean: you would think that these people that have a monopoly on compassion, steve would just look around them in some of these neighborhoods. i have been to many of them and they are struggling and people are starving and their kids need food stamps to feed themselves. it s unacceptable. also, if you look at that statistic that we had on the screen that the top 20% or top 5% is making $475,000 a year. i mean, of all the 50 wealthest cities in the country, it s the top as far as that concentration of wealth. so i think that compassion is all happy talk. i think when you look actually where the money is is spent, how the money is spent and hot money is spent on, you see you have a political class there that s really just concerned about themselves. sean: you

Detailed text transcripts for TV channel - FOXNEWS - 20130128:02:50:00

and rome. extracted all the talent and wealth to one location. that s what you have today. sean: it s not like they are producing products that people can buy. for example, traditional boom town, let s say it s an oil town. all right. so, a lot of jobs associated. silicone valley. sean: silicone valley. gold rush if we want to go back a little further. you can literally pinpoint what they are doing. they are making people s lives better. you have got cars. you have got beef in abilene, texas. washington, d.c. it s really extraction. to show you how bad it is is, sean, actually, lamborghinis, north american headquarters, it s not in beverly hills. it s not in new york. it s in suburban washington, d.c. that s actually where they put it this is where they see the growth taking place. this is where they see an opportunity to make money in a way that they aren t going to anywhere else. that is extremely troubling. sean: the problem with the average for the poor average american

Detailed text transcripts for TV channel - FOXNEWS - 20130128:05:16:00

be washington, d.c. had all this money pouring. in in washington, d.c. really what matters in a lot of cases is connections, relationships, and if you are not in that closed circle, you are not going to get access to the funds. sean: you would think that these people that have a monopoly on compassion, steve would just look around them in some of these neighborhoods. i have been to many of them and they are struggling and people are starving and their kids need food stamps to feed themselves. it s unacceptable. also, if you look at that statistic that we had on the screen that the top 20% or top 5% is making $475,000 a year. i mean, of all the 50 wealthest cities in the country, it s the top as far as that concentration of wealth. so i think that compassion is all happy talk. i think when you look actually where the money is is spent, how the money is spent and hot money is spent on, you see you have a political class there that s really just concerned about themselves. sean: you

Detailed text transcripts for TV channel - FOXNEWS - 20130128:02:49:00

with no wealth and making it off of government sports car and paying cash for it guy sitting there advertising don t have to advertise and guy like in here like in miami and los angeles and they can pay cash. luxurious lifestyle of the rich and powerful has metastasized. fine restaurants which you can t get into. i have never gone one washington correspondent s dinner, steve. i will tell you what, the reason you don t go down there, because you don t like that whole system and how it is set up. sean: i don t like the whole scene. no way. we have to start looking at this with a jaundiced eye. it this thing is out of control. the founders never wanted things like paris and london

Detailed text transcripts for TV channel - FOXNEWS - 20130128:02:48:00

none. they have too many cash buyers and they don t have to advertise? yeah. sean: what is the average price? is that a lamborghini dealer in? lamborghini and ferrari. maserati. you take your pick. these are cars that say $325,000. and they have cash buyers. you know, look, sean, we don t fault. sean: no shortage of them. that s exactly right. i m not begrudging people but this is all connected right. sean: though this frankly corrupt. let s call it what it is corrupt economy. it s extracting money. not creating a product that people are freely choosing to buy. they are selling access or selling connections and relationships. and so we don t fault the businesses that we highlight here because they re just earning a living. ystem and theople are. corrosive system. here is something to think about, sean. we used to think about when jfk and his family was in the white house. it was camelot. they brought their wealth from the rest of the country to washington, d.c. and

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