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Detailed text transcripts for TV channel - FOXNEWS - 20100731:15:07:00

Now. all want to deal with it. david: vicki, go ahead and respond. i didn t well, i didn t use the word angry but i was talking specifically about confidence. and american businesses, big businesses are sitting on a lot of cash. that s a sign of a lack of confidence. they don t want to spend. consumer confidence is remarkably low. that s what i think this administration needs to address by saying, hey, we are not going to increase your tax burden. we are going to do things to decrease your tax burden. not that drunking sailor spending you are in favor of. quickly david, i beg your pardon. dave bernanke already said purchases of treasuries use confidence in the u.s. ability to control rates, you will see those bond rates turn on a dime. let s get off of bond rates for a second. the fact is the confidence, the american public does want some confidence that their government is going to start acting sensibly, not spending like drunken sailors. wouldn t that give us some confid ....

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FOXNEWS Forbes On FOX July 31, 2010



social security now. you know, mike is right in the long run. he has got an interesting solution there just lousy timing here. nancy is right. right now we need all hands on deck. don t cut benefits to anybody. this is not a good subject to take on right now. we need i m for drunking sailors spending right now. i say we tax no one and spend like crazy. afd. david: ouch. i m never for drunking sailor spending. is now the time to fix social security for the sake of our economy. yeah, it is. for the exact reason that americans are reacting to the drunken sailor spending that we are seeing under this administration. we know that drunken sailors spending in washington means higher taxes down the road. so if you do something to fix social security, and maybe it s not a drastic overhaul, the one that mike is describing, but even minor tweaks to get us into better shape. you are sending a signal that hey our tax burden can come down in the future that will make american ....

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