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Detailed text transcripts for TV channel - MSNBC - 20110809:22:39:00

well, what happens then if they don t actually do anything? so, you know let me show you what the press secretary karney said in an exchange about that. the american public seems to be in a panic and washington is like, well, we re going to stand back and wait until school starts. we do not and cannot react precipitously in reaction to how the markets behave on a given day or week. reporter: why not call congress back to work? well i mean the dow dropped below 11,000. where s the sense of urgency? i think there s a great sense of urgency here. it s interesting, bill, that i m hearing some reporters asking the white house that. why aren t they asking speaker boehner? he s the speaker of the house. why aren t they asking him, are you going to call your people back since you ve had these huge

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