Detailed text transcripts for TV channel - FOXNEWS - 20121116:00:32:00

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>> shep: he says the responsibility rests with hamas to stand down and deescalate the situation. mike barrett joins us from washington, former intelligence officer for the office of secretary of defense and the currently ceo of dc consulting firm, mike, tomorrow the leader of egypt, which has its own set of problems, is going to meet with hamas leadership. is that the best hope here? >> well, yeah. egypt is going to be the major player here. i think whatever happens here will be a direct result of what happens with egypt. there is quite a few of us who saw the arab spring as creating a lot of turmoil and therefore a reason for concern. and i think this is really now we're seeing the outgrowth of that. you got the muslim brotherhood sending their guy. if he can rein in hamas, then we can probably deescalate this without too much of a lasting conflict. the flip side if they break with israel and violate cord they've had with them for several decades, then this could get really bad really quickly.

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