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Detailed text transcripts for TV channel - FOXNEWS - 20110624:11:24:00

According to a long time advisor, those are the odds right now of texas governor rick perry running for president. $22.97. that s how much former congressman anthony weiner paid for flowers yesterday. apparently for his wife. weiner resigned from congress after being caught in a sexting scandal. brian and steve? thanks, molly. i love the daily . i now have the ipad. this story plans to build a home for a disabled war vet are hitting a road block. today, homes for our troops was supposed to start construction on a specially designed house in evans, georgia, for sergeant first class shawn gittens. but after first approving the one level home, nob hill property decided to reverse course. they claim the current plans for the home are too small and do not fit in with the community. joining us right now, the founder of homes for heroes, john gonzals. you submitted the plan. the neighborhood ok d it. what happened? ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110624:11:08:00

And john kyle hit the road. they said forget it. talks are off. we re leaving. they said just that. and they said essentially, the speaker of the house is going to have to sit down with president obama because at our level, at this middle level, we can t really solve anything. we need the big dogs to work on this. here is mitch mcconnell talking about the fact that the democrats would not budge. they insisted that taxes to go up for people and also companies. it s mystifying not only because of the absurdity of proposing a tax hike as a way to help the economy and create jobs, it s mystifying above all because we know quite well that a tax hike would never make it through congress. not because of republican opposition. but because of republican and democratic opposition. we ve already had the votes to prove it. yeah and apparently the democrats wanted to recognize $400 billion in new taxes on corporations and some of america s most successful individuals. there s really been a ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110624:10:55:00

i think it should be investigated. people make charitable contributions to this organization because they want a deduction. so will they lose their, you know, their funding if they lose this status? and because they are they had that exemption, essentially, they re funded by the federal government, right? because they re giving them a pass on it. they re getting a the people that donate money are getting a pass, that s for sure. how can you make sure your money doesn t end up in their pockets or for their site? is there anything you can do? don t donate to them. don t give it to him. if they re in violation of the irs, you would think that, well, somebody from the irs might be watching right now. should somebody make a complaint? would it have to come from congress, a member of the public, what? anybody at this point could bring it to the irs s attention. somebody watching right now could contact the irs. absolutely. absolutely. do you think the people that run ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110624:10:47:00

Entire academic community. all with this idea of home ownership is the best thing for everyone. meanti meantime, of course, fannie mae is a big beneficiary. their profits rise. his payments ceo pay rises as well as his other executives. eventually he got squeezed out and he s replaced by a guy named franklin raines. he came on board and kept the same modus operandi going. even paying lobbiests not to lobby against fannie mae. extraordinary political animal. then as we look at the people who are still in washington and we started with barney frank who is still is an influential member of congress and then you all you have to do is look at the president s own chief of staff. bill bailey right there, he s still there. tom donlan is still there. are you amazed that these guys are still in positions of great power? well, it s one of those things about washington, right? you know, there s no such thing ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110624:10:46:00

Days of the early 1990 s of fannie mae. let s talk about barney frank s connection. ok. in 1991, when congress was crafting legislation about the companies, he was working with fannie mae to enable his partner then at the time to get a job at the company. he told me that, you know, he said this didn t put him in a conflicted position at all. but yes, congress was at that time crafting legislation so it was an interesting moment. let s talk about one of the guys by the name of james johnson. yes. he really is the guy who led to the downfall of fannie mae, that pushed us to the brink. he is the key architect of the companies morphing into a huge powerful political animal. before he came along, it was sort of a sleepy utility company. then it became a co-opt congress, co-opt your regulator, buy off congress and buy off the ....

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