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Detailed text transcripts for TV channel - FOXNEWS - 20100513:05:14:00

the scandal is we are bailing out greece with american tax dollars. greta: this is why i think we have to. first of all the bailout is a little absurd because it is a momentary fix short term fix for greece. greece is not going to start collecting taxes, not doing anything. it is so interconnected if greece does collapse then we got spain, portugal and it all comes back to haunt us and we are already on the hook for 54 billion dollars in this first round it is going to haunt us more. even though greece i don t admire the way they ve handled their finances if we don t do something it is worse for us. i think bailouts almost never work. if greece wants to solve its financial problems it has to get its government spending underway control they are paying 14 months of work for less than 12 months of work and so on their spending is out of control. greta: if they don t, and they collapse, what happens?

Detailed text transcripts for TV channel - FOXNEWS - 20100513:02:33:00

taxes. it is going to cost 10 billion dollars just to enforce the mandates in the bill by the irs. greta: that s in this letter. 10 billion more. keep in mind the total budget for irs today is 12 million a year this is going to almost double the irs total budget so they can force this mandate on the american people. it gets worse and worse. these people have a real plan here, in my opinion, they want this they know this system is going to fail. they know it is going to cost too much. they are going to throw their hands in the air and say the government has to do it all. we ll go to a single payment system, that s what they are after. greta: one is the health care bill and whether the people like it or don t like it. the thing that is distressing i think at the outside the american people ought to know

Detailed text transcripts for TV channel - FOXNEWS - 20100513:02:34:00

what s in it. if it is a rush through so the cbo is saying they couldn t give us the candid anticipated cost because they it rushed through there. was no rush except christmas day seemed to be a deadline. i that i is going to distress the american people if they find the cbo is saying we didn t have time to give you the write numbers. the head of the cbo is an honest man in my opinion and he s a democrat. they could have waited a little longer. they could have tried to build bipartisan vote greta: which is another issue. which is another issue. they rushed it through now they are telling us we weren t quite accurate. we knew they weren t. it is phony that the delay to increase all the taxes between now and 2014 delaying the benefits is phony. greta: i don t know if they are saying they were

Detailed text transcripts for TV channel - FOXNEWS - 20100513:05:43:00

a b.p. spokesperson saying this is the larger of the two leaks, more than 200,000 barrels of oil are pouring into the gulf every day, triered by the explosion of a drilling rig 3 weeks ago, which left 11 dead. president obama s supreme court nominee, making the rounds. elena kagan paying courtesy calls on leading senators. both promising a fair process. g.o.p. leaders are raising concerns because she has never been a judge. elena kagan says she thinks she has the experience to do the job. confirmation hearings are expected to begin this summer. i m ainsley earhardt. we return to on the record with greta. greta: are tea party activists hurting the republican party? steny hoyer says i think the tea party folks are pushing the republican party to a narrower base which i think will not be something the independents believe is good for our country. is that true?

Detailed text transcripts for TV channel - FOXNEWS - 20100513:02:15:00

it means their courage currency is going to have problems. greta: wait a minute. what does it do the international banking industry? greece is only 2% of greta: they are likely going to take spain and portugal with them. they spend 50% of their gdp on government spending that is not sustainable. the problem is we keep in imitating countries like this at home. greta: i don t want to pay another dime to greece and i m not happy with the way greece has handled their finances. the problem i m worried about is as it gets wore it is a bigger problem for us at home because we are so interconnected. if we were smart we would attach something, some require to try to get their finance in order but we can t even get our own in order.

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