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Transcripts For FBC Varney Company 20121231

All right. Look, its still new years eve here, but people are ringing in 2013 on the other side of the world, my sons included. The party startening new zealand and australia, auckland, sydney, the first cities in the world to celebrate the new year, i guess new zealand is over the cliff. Sydney and japan and australia, and either on the edge of the cliff or just tipped over. All right. Thats new years eveover seas, lets check in on the celebration at home. Lauren simonetti from times square, i have only one observation, unless youre drinking heavily, drunk as a skunk youre going to be cold tonight, isnt that right . Or this morning, ive got my hand warmers over here, my space heater over year, stuart. Really . In 1917. Im so glad i wasnt alive then. Stuart a question for you. Go ahead. Stuart in america we say you have goose bumps when youre very cold. In england we say youre henfleshed. Are you either this morning . I am both, put together. Times a hundred. Stuart excellent. I look l ....

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Transcripts For FBC Varney Company 20121221

The republicans will not raise tax rates. The president , hes not going to budge on spending cuts, and if you scan the media this morning, it is the republicans who are getting the blame. Joining us now, monica crowley, a fox news contributor. And monica, why do you think that the president wants us to go over the cliff . Explain yourself. Well, first, it looks like the house g. O. P. Leadership actually went through the mayan apocalypse, okay . Last night. And the president wants to go over the fiscal cliff and always has for two reasons, stuart, number one, he wants all of the rates to go up. Not just on the 1 or 2 top earners. He wants everybodys tax rates to go up and even if you were to confiscate a 100 of the assets for the government for a handful of days. Stuart why would he want everybody to pay taxes to pay more. He wants revenue to pay for his monstrous, evergrowing, everravenous government, and he knows the money is with the middle class, not 1 . And the top 1 assets to inc ....

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