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Detailed text transcripts for TV channel - FOXNEWS - 20110613:00:15:00

employees. more than a hundred of them. we want our money! maybe if they did the things they were supposed to do. didn t pay us like they re supposed to. john: alfred arnold retired from the prichert fire department after working 35 years for the city. he hoped to relax and travel. when the pension checks stopped coming he had to get another job. now at age 66 he s a security guard at the local mall. his wife was the city employee, too. she s a police sergeant. she got two checks and they told her there was no more money left. we put our money in every pay day like you re supposed to and they re supposed to pay us, but they did not. some retirees died while waiting for a check. like the woman who lived in this house. because she had no money left. she had to let her care giver go and there was no one to see about other care about her and she died on a wednesday and they did know the find her until on a sunday. gen williams worked for the

Detailed text transcripts for TV channel - FOXNEWS - 20110613:03:35:00

stop the legislature from passing governor walker s bill. and that one the union s adoration. listen to what happened when we talk to where the protesters can see the senator. the actual action of collective bargaining, the language of collective bargaining doesn t save or spend money, in the end it s wait a minute, if you can collectively bargain you can get more stuff. that s why they fight for it. sometimes you can, sometimes you can t. john: the current system is rigged to create a vicious cycle. money goes from taxpayers to government workers. to dues, to the union and then from the union to the politicians who promise to do more for the government workers. and round and round. you democrats give kickbacks to unions that elected you. kick books like what? good pension, extra good pension. it s a good pension, no doubt about that. it s stuff they negotiate. kickbacks. it s the stuff they ve

Detailed text transcripts for TV channel - FOXNEWS - 20110613:03:14:00

measuring keeps calling deeper into debt. if you don t keep falling soon you ll have to get one of these drastic cuts and all of america will be like prichert, alabama. this woman s angry because her husband worked for the city of prichert, alabama for 23 years and held up his end of the bargain, but the city hasn t sent him a pension check for more than a year and the city council says we don t have the money. in 2003, an accountant warned the town, you will run out of money by 2009. the politicians then did nothing. and as they admit today never changed. john: right on schedule in 2009 the town went broke and the politicians declared bankruptcy and stopped sending pension checks to retired city

Detailed text transcripts for TV channel - FOXNEWS - 20110613:00:28:00

us they d given away 45,000 helmets. john: why is it all right to use tax money to provide helmets. these aren t tax money, that s are grants. john: that s are money from taxpayers. it s possible, but with our crushing debt government shouldn t do that. this is my city council woman. what gives you politicians the right to spend public money on us rich people who live in your neighborhood? well, first of all. john: you re just buying votes here. no, i m it s public money. i don t believe that, let me tell you why. if you look here, there are a lot of people that don t have a lot of money. john: this is a job for government. i think it s a job for government. days like this are important, this is not a lot of money. john: not a lot of money? and that s how politicians think. fortunately, not all of them. some good news when we come back. host: do people use smartphones to do dumb things? man 1: send, that is the weekend. app grapgic: yeah dawg!

Detailed text transcripts for TV channel - FOXNEWS - 20110613:07:04:00

recently and took 25 million local dollars to equal one american dollar. you had to carry armfuls of cash to go shopping. you save money supposedly for your old age to be able to enjoy life or to be able to leave money to your children, well, that money is going to be worth almost nothing. so, printing all of this extra money is bad. what are the other options? well, the government can raise your taxes or cut its spending. tough choices. politicians are supposed to make these choices. so, what did president obama do? he appointed a commission. i m asking them to produce clear recommendations of how to cover the costs of all federal programs by 2015. they recommended a trillion in tax increases, and 3 trillion in spending cuts. but the president didn t take those resignation is and that bothered even though liberal, the total debt is 7 trillion dollars on top of the 14 trillion we already have. how can you say we re living within our means.

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