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Detailed text transcripts for TV channel - FOXNEWS - 20100217:07:31:00

glenn: well, a lot going on today that we need to get to. barack obama decided now to connect with the anger in america. i thought it was hope. actually, this was false hope when it said, hope down here. i m doing something called the american revival. american revival. and i painted the logo for it. this is just a sneak peek of it. i ll show you in a minute. show you what real hope look like. first, go back to the white house and the anger. they ve announced the new four-point communication strategy. remember, he hasn t given enough speeches and you just didn t get it because you re a dumb, dumb, dummy, you know what i m saying. here is their communication strategy. first thing they have to change this year is they have to change the speaking backdrops.

Detailed text transcripts for TV channel - FOXNEWS - 20100217:07:18:00

projects. what i would do if you push me to the wall is if you put congressmen and senators in office. and they did a good job and the inflation came down and economy prospered, pay them more. put them on commission. glenn: they don t understand that. what if they got the pay? glenn: they wouldn t understand it because it s capitalist. i know but they d love it. that s what i d do. put them on commission. glenn: when we come back, two more questions. medicare, medicaid, social security, and job creation. job creation. back with art laffer in a second.

Detailed text transcripts for TV channel - FOXNEWS - 20100217:07:45:00

allows the president through the television director full employee of telecommunication resources in carrying out all national policy. telephone, tv, radio, everything could be controlled by the president if the president decided there was a national emergency. that s the problem of all of the directive directives what da national emergency. the question is who defines it? the president. ordinary 10997 would grant the secretary of interior develop emergency programs covering all electrical power, petroleum, gas, solid fuel and mineral in event of an emergency. i don t see a problem with that one. order 10998, the secretary of agriculture shall prepare national emergency plan and develop programs covering food resources, farm equipment, fertilizer, food resource facilities as defined below. they do the fire control,

Detailed text transcripts for TV channel - FOXNEWS - 20100217:07:23:00

glenn: no one will deal with this. this is the real killer, is it not? they will deal with it. when it s critical enough, they do. social security, we dealt with it in the reagan administration. moved it from 65 to 67. that s what we do. glenn: what is it going to take to say slave it to life span or do what we did? nobody, you know this. fdr, nobody intended no. nobody was going to get that money. right? and the tax rate was 1% employer and 8% employee payroll tax. it was for the people who just live beyond their years and they were mainly women, and they were alone and we wanted to take care of it. is there perfect sense. how do we get from really honestly, this is retirement money now. what about move to florida? that is not happening now. you re correct. go through the legislation

Detailed text transcripts for TV channel - FOXNEWS - 20100217:07:10:00

its conclusion. glenn: i got news for you, america. we are not behind it. it s not. with are not past the we are not past the worst. you don t neat things sugarcoated for you. you re not a kid. you need to know someone will give you the truth, the hard truth. what is coming our way is not good. what is coming our way is unfolding in greece, spain, europe. you watch. because we are on the list, america. by the end of the term of this president, america will understand our financial future. no spending or tricks will fix it this time. you will feel it, every one of us firsthand. you don t want to wait for that moment. we need to do it right, right now. act like adults. cut taxes, cut the spending. art laffer is here. former reagan economic advisor and author of a book

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