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Detailed text transcripts for TV channel - FOXNEWS - 20110924:14:05:00

Middle class so we can get this going again. steve, i will give you this one point. that the only thing that turns my numbers down, which have been right in 2000, 2003, 2007, the only thing that turns that around is some shock and awe and the only shock and awe that would have power would be these 15 million mortgages owned by fannie mae and freddie mac. get them down from about 5 1/2% to 3% where they would be today. the bottom line, republicans aren t going for that. they control the house and you re not going to have this have. that s the only thing, the fed can t do it. the ecb are way do, european central bank, germany doesn t want to play ball. and toby, i have shock and awe for you old on. bob, go ahead. the shock and awe is this: if you look beyond the banks, let s look at nonfinancial corporations today. most recent number, went over 2 trillion dollars sitting in cash. the highest level in the history of our stock market. that s what shock and awe ....

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