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Detailed text transcripts for TV channel - FOXNEWS - 20120713:16:48:00

inspirational story about this police officer who s dealing with an unspeakable tragedy, but his battle, his fight did help motivate an arizona company to develop a product that s now saving thousands of lives. jason was living his dream just 14 months into a career with the phoenix police department when tragedy struck. his patrol car was rear ended by a car traveling over 100 miles per hour, causing his gas tank to explode and the car to burst into flames with him trapped inside. the initial burn was something that nearly took my life. i spent five months in the hospital, two-and-a-half months in a coma and several years just trying to get past those injuries. reporter: jason has become a hometown hero, even inspiring an arizona company to develop a technology that stops gas tanks in vehicles from exploding on impact. the fire technology is now being used in tens of house of police and emergency vehicles across the u.s. as well as over 30,000 military vehicles in iraq and

Detailed text transcripts for TV channel - FOXNEWS - 20120713:15:29:00

so others are able to hijack the message. for those of us who have done this for a living i was communications director for a few senators you need to salvage the message yourself. you need to put the message out there otherwise somebody will define it for you in terms you don t want to be defined as and that is exactly what happened. jon: amos, the president was propelled ultimately into the senator s seat and white house because of that speech he gave in 92 at the democratic convention. he is a great speaker. pretty hard to believe that he is now saying that he failed to tell the story. yeah i think you could list a whole lot of failed failures of this administration not just story telling. jon, where i think this will hurt him the most is the youth vote. 2.7 million young people graduating college who can t find jobs because the jobs aren t there. they are swept in the hope and change and thought this would be a new administration and completely failed the young people. i don t kn

Detailed text transcripts for TV channel - FOXNEWS - 20120713:16:37:00

very soon. you see consumer sentiment being disappointing, you see the national federation of independent businesses, the small business survey being fairly disappointing, capital goods orders slow down, basically a slowdown in employment, a slight uptick in unemployment rates. all of them suggest that there s risk on the downside on the u.s. economy. reporter: now, one factor is the fiscal uncertainty hanging over the economy, jenna, because of the expiration of all the bush tax cuts at the end of the year. president obama s been proposing an extent only for those with family incomes below $200,000 a year and though several democrats have been pushing limits of $500,000 or a million dollars a year. now there are first signs that the president is losing democratic support. now democratic senator james webb and independent joseph leishman who caucuses with the democrats both say they will vote against the president s proposal, and until the fate of some $4 trillion in tax hikes is

Detailed text transcripts for TV channel - FOXNEWS - 20120713:16:38:00

resolved, consumer sentiment, employment and the economy itself are unlikely to recover. jenna? jenna: also linked as well, jim. thank you so much, jim ankle in d.c. today. another big story we re watch anything the business world is this one that has to do with jpmorgan chase, one of the biggest banks in the world. now jpmorgan is upping its estimate of how much a bad trade cost the firm. now the estimate is nearly $6 billion. almost triple the original estimate, again, of this single trade. ceo jamie dimon saying the news has truly shaken the company to its core, and an internal investigation shows traders may have tried to conceal this mistake. the bank says managers linked to the trade have been let go without severance pay. in fact, the bank is also planning to take back two years worth of pay from those executives. despite all of this, the banking giant reported a profit in its latest quarter, in fact, the loss did not greatly impact the company s profits as jamie dye

Detailed text transcripts for TV channel - FOXNEWS - 20120713:16:50:00

jenna? jenna: what an amazing story. adam, thank you. reporter: absolutely. jon: good for him. a film maker travels thousands of miles to put faces with names. how she is turning twitter into a 28-day journey across the country. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers a superior level of protection, and because usaa s commitment to serve

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