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Detailed text transcripts for TV channel - FOXNEWS - 20110809:06:01:00

react predictably, be another bloodbath. here is what president obama had to say earlier. the markets will rise apes fall. this is the united states of america. no matter what some agency may say, we ve always been and always will be a triple-a country. eric: no mr. obama, mr. obama, that 600-point downdraft was on the heels of a 500-point drubbing last thursday and whopping 2,000 point slide in just a few days. the market is screaming for help. obamanomics is failing. the president is clean out of ideas. dana, president obama keeps pointing the finger saying he inherited a bad economy, inherited a recession. he also inherited a triple-a rating. dana: couple of things. the line he delivered in the sound bite there, the line is a good one. if it was not read off a teleprompter. it is true.

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