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Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:10:00

defense and i think that could be where we end up only because i think from the left and right that could be more palatable to the left as it leaves entitlement stuff with the big question mark and take as big chunk from defense. neil: but it is changing the measurements we use and we called all 12 of the super committee members, six democrats and six republicans, the reason why they did not respond they heard you were going to be on and it could be that we are not getting at this tit for tat. if this is what they are throwing out a month ahead of the deadline this is the stuff you come up with the night before. you know? so, they are already doing this now? so i am a little worried. guest: when they announce add team, it felt like they were announcing a roller derby team because they have becausers on both sides and if they can come up with a bill the market would be very happy because right now

Neil cavutoEntitlement stuffThe big question markSuper committee membersTit for tatPaper over coinAdd teamRoller derby team

Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:29:00

on whether there is a huge government rescue for institutions that are in deep and if it does not materialize they have a huge problem. guest: it is true, you make a good point. clearly the role of government here is what is in question. as a result, as we mention in that political cycle, the r re of government is being reever value reevaluated. if you have a disaster you hope fema is there but no one wants to pay for it. that is the issue. in europe right new they are on the edge of a disaster and they may not be close enough to germany and france but they are there for greece. neil: how close are we, larry, to greece, for example? everyone says there are a lot of big money centered banks in the united states heavy exposed to greece and they only need to be exposed a little to have an effect. guest: the debt downgrade was a shot but a wake up call

Paper over coinGovernment rescueDisaster you hope femaWouldn tBig moneyWake up callDebt downgrade

Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:06:00

tax, it is academic. neil: so, you are saying, his plans on balancing the budget by 2020 and you would get it balanced by your third year. guest: but we cut $1 trillion the first year. people s eyes glaze over and say i will balance this in 15 or 20 years! the only thing that counts is one year. the same people are not there after one or two or he years so you have to do it right away but you have to change the appetite for government. the taxes, the tax code is a method of collection will not self the problem. it is not an arithmetic problem but a strategic problem on what we thing our government ought to do and we should protect our liberties and not running our lives and running the economy and policing the world. so there is a big difference. i try to emphasize that.

Neil cavutoPaper over coin1 trillionTax codeArithmetic problem

Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:42:00

morning? guest: i did, with blood pumping through your brain instead of other things, you actually get ideas. neil: really? guest: when you are in better shape you are more creative and happier. neil: what did you do? guest: well, in our situation we just make it a big team thing and we pay for everything, for instance, the nashville marathon where we are, they have 30,000 runners and we pay for that and donate to a charity if you run as well, to incentivize them further and we pay for the gym memberships and we have all kinds of internal football teams and stuff inside that we do, and we have a lot of fun with it. and the whole idea is, i do the biggest loser, put up $1,000 for over loses the most weight a percent of their body. but people have really changed their lives physically during that time and that is rewarding

Paper over coinNeil cavutoBlood pumpingThe nashville marathonWouldn tGym membershipsThe biggest loser

Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:48:15

Detailed text transcripts for TV channel - FOXNEWS - 20111025:20:48:15
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