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Detailed text transcripts for TV channel - FOXNEWS - 20151018:07:20:00

don t quit at age 65. maybe your boat hasn t come in yet. john: now there are 18,000 kfc restaurants. one advantage to trying and failing and trying again is that failing becomes less incapacitating over time. repetition helps you become a bouncer rather than a splatter. actor and pro-football terry crews says that s what happened to him when he played football. i got cut almost every year. i learned failure. it was my buddy. every failure i got a little bit higher that no is negotiable. when people tell you know or project you did maybe for now but tomorrow it may be yes so i learned to keep going. john: that something lots of successful people have learned. harrison ford spent years working as a carpenter before making it as an actor. albert einstein and charles darwin both had trouble in school. darwin wrote i was considered by all my teachers and my father below the common.

Detailed text transcripts for TV channel - FOXNEWS - 20151018:07:10:00

john: you dropped out of your school when you were a sophomore. it was a rough school with a lot of fights. john: you might have gone on welfare. i might have. i might have been said that i started by reading a lot of self-help books and finding out who i was and i had a knack for inventing better reflected that act over and over again. i invented a lot of things that weren t subtle. john: you invented a headache relief and what sounds like quackery so glad i wasn t successful. cell phone. cell phone ads that block callers. too many cell phones applications across to many platforms of that failed as well. john: a battery-operated shoelace, shoelaces. the reason they failed is the chinese knocked us off to. john: they sold well but you got ripped off by imitations. you can find the magnitude of them and you them and you see them and retail chains as well.

Detailed text transcripts for TV channel - FOXNEWS - 20151018:07:48:00

cost a ton. ed: didn t have the positive effect they were promising and now what did they do? they say we need more regulation so we now have the dodd-frank act which is 30 times longer. it s extremely onerous and i m quite sure it s going to do nothing to prevent the next economic downturn. john: and it didn t end too big to fail. another example the war on poverty. they lifted some people out of poverty. ed: housing projects would have disincentives for working. there were maggots for crime, terrible places to live and what happens. [inaudible question] these years later they still exist in most cases. john: some are being blown up and they have build new versions of them. ed: now the department of housing and urban development did they get put out a business? know they are still spending money year after year after year. john: public schools? ed: public schools the same thing. we have tons of examples of failed policy that are harming the kids and they are not helping education and

Detailed text transcripts for TV channel - FOXNEWS - 20151018:07:59:00

by working on 2020. you should have seen that for show. robert hughes is not exactly a household name. john: that for show was so bad about fired the host the next day but then abc tried again and succeeded. i worked there for 28 years but i failed because i couldn t convince abc to keep letting me do more reports like this one. stop kidding yourself about your child s school. we will teach you a thing or two about being a student in america and how we cheat our kids. john: my abc boss said we don t want her back. that s libertarian propaganda. we want stories on things like enlargement so i left. a failure? i wouldn t say that but no said kirk thomas on twitter and answer to our question about examples of failure turning to

Detailed text transcripts for TV channel - FOXNEWS - 20151018:07:47:00

pre-breaded and getting penalized for that they go back to taxpayers and save pleased you need to give me more money and it persists. we can t do it, we need a higher budget and congress is okay here it is. they should be fired and instead they get rewarded and oftentimes bureaucrats expand by asking for more money. john: gives examples. you say the housing ed: 10 years ago they were enacting a bunch of regulations and say we are going to prevent any downturn in the future. for example sarbanes-oxley act was very onerous on business. john: and the enron failure. we are born to fix these failures with sarbanes-oxley. ed: didn t do anything to prevent the next economic downturn. john: it added thousands of people pieces of paper to

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