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Detailed text transcripts for TV channel - MSNBC - 20131210:21:52:00

Expansions, the damage is deep and long-lasting. look out your window and see that. and, in fact, i was talking about how the s&p was up 70% in real terms. median household income down something like 4%. since the expansion has been underway. so it s very important to implement these rules in the interest of better financial stability, so that we don t have another kind of bubble-bust repeat. this kind of economic shampoo cycle that s been so damaging in recent decades. yeah, i think that s key. and that really is the linkage. people who follow the markets follow some of this stuff more closely. but we re all in this together when you look at some of those risky practices. the proprietary trading, et cetera. jerryd bern seen, and secretary robert reich, thank you for your time. we re going to report quickly on late news from capitol hill, where we have just learned that budget co chair, paul ryan, tells reporters, quote, don t leave, because the budget deal might be on unveiled as ea ....

Business Cycle Expansions , Household Income , Bubble Bust Repeat , Shampoo Cycle , Proprietary Trading , Jerryd Bern , Et Cetera , Robert Reich , Paul Ryan , Capitol Hill , Budget Deal , Budget Co Chair , Dont Leave ,