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Detailed text transcripts for TV channel - FOXNEWS - 20131015:10:24:00

here with his thoughts varney and company s own stuart varney. stuart? yes. the president is directly blaming the republicans. he s spinning the word default. we do not default at midnight wednesday if we don t have a debt ceiling deal. we simply don t. we ve got a long time before we actually default. and the president is playing the fear factor here. he s saying watch out. the stock market s going to plunge if those wicked republicans don t fall in line and get an agreement. all this is not working for the president. number one, the stock market is not falling. the dow jones industrial average is around 15,300, 300 points away from an all-time record high. that is not a plunge. and the president hasn t created a plunge with this fear he s putting in the markets. would you also sayƱi the reason it didn t plunge friday is because they were optimistic on a deal? and the reason it didn t plunge monday is the word is they re getting close on a deal? we have not seen in press

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