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Detailed text transcripts for TV channel - FOXNEWS - 20110805:14:12:00

call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. when they taste the food that you cooked, it does something to your heart. i think what people like most about the grilled food is the taste. the flavor comes from that oak wood. the shmp, the fresh fish, the steaks. it locks in the flavor, it seals in the juices so that when you put the fork in it, it just goes through it like butter. it s beautiful. [ laughs ] i m proud to be a grill master. i love food. my name is charles himple. i m a red lobst grill master, and i sea food differently. excuse me? my grandfather was born in this village.

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Detailed text transcripts for TV channel - FOXNEWS - 20110805:13:35:00

you have to be in the market for the long term. now is not the time to be selling willy-nilly because, you know what? if you have a mutual fund, it takes you a day to unload. what if you sold it yesterday and now the market s up 155? reporter: i m more bearish. i think you should be more in this crazy environment, which is a huge question mark, you should be more into cash. i don t give investment opinions, but i m looking long term. do i think the economy s going to be much better a year from now, and the markets are a reflection of the economy? i don t know how you could say yes because you have fiscal policy gridlock in washington, and the fed just can t go in and print money anymore. reporter: and i would say a year is a short-term horizon. reporter: wait until you lose. alisyn: it s up 160 points right now, gerri, what do you think happens at the end of the close of business today? reporter: if i knew that, i d be a wealthy woman. reporter: i predicted 500 today, and her

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Detailed text transcripts for TV channel - FOXNEWS - 20110805:14:17:00

small-time operator coming in, trying to break the law, they ought to be prosecuted. but, our own state department cables say the mexican drug cartels are not getting their guns from the u.s., they are getting them from central america and are not getting them from u.s. dealers and they went to congress and tried to get gun bans enact on that premise and congress said, no way and now they are trying to bypass congress and circumvent the law and usurp the authority of congress and they don t have the authority to do the back-door rule making and are trying say any american who wants to exercise their constitutional rights to buy a long gun more than twice in the same week will do back-door registration and they want to fight with the nra, they ve got it. alisyn: isn t it possible in light of the disastrous operation, fast and furious that came to light, now the administration is trying to track guns more carefully and take more responsibility? no, what they are really trying to do is

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Detailed text transcripts for TV channel - FOXNEWS - 20110805:13:32:00

the trend is not good. when i talk to people who invest long term, sophisticated people, people who run wall street firms, they will tell you, you know, listen, the economy, there s nothing that gives them hope about the economy doing much better. we may be mired in 8.8, 9.2% unemployment, but what s going to get the economy going where you get people working and gdp grows, that s the sort of function that makes the markets grow. reporter: and, frankly, charlie, it it s the debt probl. yesterday started in europe, and that s where some of the biggest problems are. they re going to have to underdeliver reporter: i don t think it s a debt problem here. i think the markets are acting purely reacting purely to lack of growth. when we finally had an agreement, i really think people are worried about growth here. listen, we may have better growth going forward, we may not have 1% growth every quarter for the next year, but, you know, that doesn t do much to unemployment. reporter:

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Detailed text transcripts for TV channel - FOXNEWS - 20110805:14:09:00

and, the most wanted man in mexico and both are fugitives and many speculate the reason they are free is because they have been tipped off in the past and the dea, and u.s. attorneys office will not comment. now, in pleadings, however, the u.s. does not say that he was not an informant, only that he did not act, with their content and basically this is an attempt by the defense to get at dea records, that would explain our dealings with the cartel, and, maybe get the agents on the stand. alisyn: do we know who allegedly made the deal or authorized it? reporter: right, well the first deal was allegedly cut bye-bby the lawyer for the cartel and he became a dea informant, according to the records and the justice department had dropped the case against him, in 2008. now, he allegedly fed the dea information from other cartel leaders and later the dea wanted to get closer to them and so

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