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Detailed text transcripts for TV channel - FOXNEWS - 20110728:05:10:00

the mortgage bank securities. i am so scandalized by that. these people are the reason we are in this mess because they give triple-a ratings to horrible, toxic ceos and the credit slop. now we are listening to them? now we are running in fear. and they have their foot on our threat. but they do affect the interest rates. what are you going to do about them? that should outrage the american people. i would say, have you to cut spending to prevent a default and to prevent a downgrade. we put out a plan that would prevent a downgrade. we have to cut spending to avoid a default. but cutting spending to avoid a credit downgrade by the very people who put us in a credit in this horrible situation, it s a little appalling. it s ironic. it s even worse than that. i don t know how these people sleep at night. look, i would agree with them on this america is running out of road to kick the can

Detailed text transcripts for TV channel - FOXNEWS - 20110728:05:10:00

the mortgage bank securities. i am so scandalized by that. these people are the reason we are in this mess because they give triple-a ratings to horrible, toxic ceos and the credit slop. now we are listening to them? now we are running in fear. and they have their foot on our threat. but they do affect the interest rates. what are you going to do about them? that should outrage the american people. i would say, have you to cut spending to prevent a default and to prevent a downgrade. we put out a plan that would prevent a downgrade. we have to cut spending to avoid a default. but cutting spending to avoid a credit downgrade by the very people who put us in a credit in this horrible situation, it s a little appalling. it s ironic. it s even worse than that. i don t know how these people sleep at night. look, i would agree with them on this america is running

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