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Detailed text transcripts for TV channel - FOXNEWS - 20110918:14:25:00

Term deficit reduction plan and the idea, the white house calls the buffett rule, based on comments made by billionaire business man warren buffett and the chairman of the house budget committee, paul ryan discussed the plan on fox news sunday this morning and the wisconsin republican said hiking taxes on the rich will do more harm than good when it comes to spurring job creation. class warfare may make for good politics but makes for rotten economics. we don t need a system that seeks to divide people and a system that seeks to prey on people s fear, envy and anxiety and we need to remove the barriers for entrepreneurs to go out and rehire people and i m afraid these tax increases don t work. eric: joining us now is this angchor of fox news sunday, chrs wallace. good morning, other than that he liked the idea a lot. eric: he says if you tax more you get less. what did he mean by that? exactly. he s saying that if you tax ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110918:14:08:00

After all but losing for him is winning, if he forces the u.s. veto he puts the victims mantle on and the palestinian authority is good at that and it will stir up a lot of adverse propaganda. and, that i think is the basic mistake the administration made. if a year ago they had said to the palestinian authority, don t even think about this, don t even think about it, i think they would have moved onto something else. but, the lack of comment, the lack of taking a position, i think incentivized the palestinians to believe at the end of the day, the administration might support them. now, i don t think that that is going to happen but it was the administration, i think, being too cute by half that got itself into the situation. eric: back in 1989 secretary of state james baker at that time, when it came up, he said to the palestinians, we ll cut funding. they get, what, $550 million a year now, and we have given the palestinian authority $4 billion, since 1993. i mean, say, if you do ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110918:14:11:00

And how will it play out. unless the administration finds a way out of it, i think they have to cast the veto and the failure to cast the veto would cripple whatever is left of the middle east peace process and they ll do it reluctantly and i expect a speech perhaps by hillary clinton that almost apologizes for the veto and will leave the u.s. in the worst of both worlds them. pro palestinian countries will revent the veto and, the supporters will revnt the apology. eric: former ambassador john bolton, you have been in the trenches and we ll look forward to what happens. jamie: and what does mahmoud ahmadinejad call the ambassador? no, it is kim jong-il. eric: the north koreans don t like mr. bolton. jamie: great to hear from him and we ll see you at the u.n. this week, and pakistani security forces are reportedly battling taliban fighters, trying to retrieve debris from a possible u.s. drone crash. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110918:15:42:00

Pushing for one. so, wall street is nervous about that. it is also very nervous about the president s jobs plans. for two reasons. some on wall street hope it will get through, because the stimulus might mean more money spent and that could mean better profits for companies. others believe that there is no way it can get through and it is going to mean more debt. there s a real it is polarizing wall street in many, many ways. watching washington right now, there s no certainty at all. so, wall street doesn t know what to think that s why you pretty much don t blink. you don t know it is going to be up one moment and down the other by triple digits. eric: what do we do? greece is out there on the ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110918:14:35:00

He wants to have a gift that says i ll release the hikerin rd get the good will with that. th and, i don t think the judiciary there wants to give the president a gift like that and there is a push and pull and we have to wait and see but it is clear they will be released as a good will gesture but not right away, this week. eric: finally, after two years, it would be good if they are released and they denied any spying charges and last year when i sat down with mahmoud ahmadinejad for my interview i asked him, just release them, why not and as you say, back then he referred to the power of the judiciary system and here s mahmoud ahmadinejad s answer when i asked him about that. eric: will you release the two two american hikers? you can do it now and announce it at this moment, in front of ....

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