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Detailed text transcripts for TV channel - FOXNEWS - 20110825:20:46:00

ammunition. not aftermath, money is ammunition. and that new government, overwhelmingly secular has to pay salaries and get plants going, have people fed, get the police going again, and they need the money. let me be clear: we are not talking u.s. dollars but giving the libyan government, the new tree government of libya, money that qaddafi stole and stashed. neil: you never know who will take over. you do not know who has to give guns to whom and whether this is like an egypt deal, with all the rival factions. to this day, they are competing for taking over that country. so, why risk a lot of money placing a bet on a wrong horse. guest: libya is going to be more complicated than egypt but the problem for libya, isn t islamist extremism, that is a

Detailed text transcripts for TV channel - FOXNEWS - 20110825:20:45:00

neil: thank you, steve. the u.n. security council agreeing to unfreeze $1.5 billion of libyan assets for the rebels. who are the guys? a report that a key commander is linked to al qaeda. should that have nations thinking twice before showing any of the guys more cash? and now, colonel, a bit of a pickle here. what do we do? guest: we are not in a pickle. the talk of al qaeda take over libya, it is hysteria which is never a good strategy. look, if we want to strengthen the bad guys and there are bad guys among the insurgeons the best way to do it is to deny the national council, deny them the money they need to get the country going again. because in combat, during the insurgency, look to the

Detailed text transcripts for TV channel - FOXNEWS - 20110825:20:44:00

and now steve harrigan with the latest. but they cannot find the guy, right? steve: they can t. there are reports from some fighters who say they have him holed up in an apartment complex in tripoli but qaddafi says he continues to fight and is calling the rebels rats, and calling on the followers to march and nato is helping the rebels try to find muammar qaddafi and you can hear small arms fire behind me, and all across this city there is celebration gunfire, but, still, at the same time, most people are celebrating rebel control of the city, there are still gun battles between the two sides, two or three pockets where the for iting is continuing. as far as the new government, they are moving gradually into the city of tripoli and desperately short on money and they need billions right now, italy is the latest country to unfreeze libya s assets and they have provided a $500 million cash infusion to help the government get off the ground.

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