you re not the gold standard any longer. it s different from default. it s entirely separate from default. i m saying a downgrade now looks very likely bearing in mind the chaos over the weekend and this harry reid plan that means absolutely nothing to investors. only thing i would amend to that, it seems as though they say if we do something drastic enough that shows people that we re on a fiscal sustainable path, something titanic, then we could avoid that, don t you agree? i would agree with that if we got our house in order and said we re going to tackle entitlements, we ll go after this. we ll do something concrete, if you did that, the likelihood is the stock market will go up. that s likely to happen. we can catch you on the fox business network and we ll look forward to that so much. now your headlines and we start with the fox news alert. dramatic video from the dallas area. one of the engines on this american airlines jet heading to brazil caught fire shortly after
from the bombing. the hearing will be closed for security reasons even though breivik wanted it open. tell or rant about his motives behind the massacre. prosecutors want him to remain in custody for at least eight weeks which is unusual for norway s criminal justice system. breivik admitted to the attacks but said he did not break the law. meanwhile, they have raided the home of breivik s father, a retired norweigian diplomat. reports say that he hasn t spoken to his son in at least 16 years. dramatic video from the dallas area this morning. one of the engines on this american airlines jet heading to brazil caught fire after taking off from dallas/ft. worth international airport. you can see the pilot dumping a bunch of fuel trying to lighten the load for an emergency landing. still, tires busted on landing because of all the excess weight on the plane. no one was hurt. some local residents report smelling gas in the air. no word of what caused the fire. hotel maid accusing the former
that s why i say the likelihood of this downgrade and let s be clear, a downgrade means you lose your financial reputation. you re not the gold standard any longer. it s different from default. it s entirely separate from default. i m saying a downgrade now looks very likely bearing in mind the chaos over the weekend and this harry reid plan that means absolutely nothing to investors. only thing i would amend to that, it seems as though they say if we do something drastic enough that shows people that we re on a fiscal sustainable path, something titanic, then we could avoid that, don t you agree? i would agree with that if we got our house in order and said we re going to tackle entitlements, we ll go after this. we ll do something concrete, if you did that, the likelihood is the stock market will go up. that s likely to happen. we can catch you on the fox business network and we ll look forward to that so much. now your headlines and we start with the fox news alert. dram
appearance. breivik facing charges of killing 93 people in the bombing and shooting spree a couple days ago. this is new amateur video now from the bombing. the hearing will be closed for security reasons even though breivik wanted it open. tell or rant about his motives behind the massacre. prosecutors want him to remain in custody for at least eight weeks which is unusual for norway s criminal justice system. breivik admitted to the attacks but said he did not break the law. meanwhile, they have raided the home of breivik s father, a retired norweigian diplomat. reports say that he hasn t spoken to his son in at least 16 years. dramatic video from the dallas area this morning. one of the engines on this american airlines jet heading to brazil caught fire after taking off from dallas/ft. worth international airport. you can see the pilot dumping a bunch of fuel trying to lighten the load for an emergency landing. still, tires busted on landing because of all the excess weight on the p