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Detailed text transcripts for TV channel - FOXNEWS - 20140104:16:16:00

if you sign on to mine. i agree with you. but my resolution is to bring some of that power back to the unions and the private sector with new and better leadership and have someone to stand up for private enterprise workers once again which we ve lost. if you ll go for that i m with you on the public sector. sabrina, it s not up to me to provide good leadership. the private unions can t provide it for themselves. the fact is we have to deal with this crisis now otherwise chicago will go bankrupt just like detroit did. you re absolutely right. 2342011 the journal of finance found if you combine all state unfunded liabilities from public employee pension systems, somewhere between 3.2 and $4.4 trillion obviously state budgets cannot handle that and i think it s something that the firefighters and teachers and policemen ought to, you know, be aware of. the fact is we want people to be compensated fairly but governments have been lying, have been overpromising and that can t continue.

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