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Detailed text transcripts for TV channel - FOXNEWS - 20111027:00:51:00

Any group period. bill: they get attention to they show up. talking about them and they get what they want. bill: i don t know if there is socialism going on in saudi arabia. a will the of oil. i would like to follow them home and see if they are really not in support of capitalism? bill: you think it s a cry for attention rather than hard core solidarity? a lot of people that are out there are out there because they are not happy with the banking system. bill: obviously. a lot of people out there that want to be validated and a part of something. bill: a part of something? look, it s the number one, you know, segment on the news every night. bill: herman cain, you like herman. i like herman. bill: he is feisty guy, he puts out this strange advertisement, everybody has been talking about it. give you a taste of it, roll the tape. since january, i have had the privilege of being the chief of staff to herman cain. we need to you to get involved because togethe ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111027:09:08:00

Of television, worldwide cable, internet, all of these things make very few people very valuable. and this is not getting across. the economics of capitalism have changed with the technology that makes success so pervasive. i agree with that but there is a very important point that s lost in this. they divide the country into the top fifth middle, middle and bottom fifth. the liberal groups say top fifth has gotten richer and the bottom fifth has dropped or stayed the same. new bottom fifth. the bottom fifth. and said where were they 10 years later? only 16% of them was still in the bottom fifth. 18% were in the top fifth. and the others were in between. opportunity. individual upward mobility. the poor are getting poorer but they are new poor. new immigrants. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111027:00:08:00

Of television, worldwide cable, internet, all of these things make very few people very valuable. and this is not getting across. the economics of capitalism have changed with the technology that makes success so pervasive. i agree with that but there is a very important point that s lost in this. they divide the country into the top fifth middle, middle and bottom fifth. the liberal groups say top fifth has gotten richer and the bottom fifth has dropped or stayed the same. new bottom fifth. the bottom fifth. and said where were they 10 years later? only 16% of them was still in the bottom fifth. 18% were in the top fifth. and the others were in between. opportunity. individual upward mobility. the poor are getting poorer but they are new poor. new immigrants. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111027:03:03:00

Gentle treatment from the press. cbs also asked the question is money and wealth distributed fairly in america.? 26% say yes. 66%, two third down of the country, say no. m it should be more even. the key word in that question i. distributed because wealth is not distributed in america. there s no central authority that doles out salaries and investment returns. either you earn it, steal it, inherit it, or win the lottery.e there s no distribution. the problem is that many americans simply don t understand what s at stake hereh the occupy wall street newman is basically socialstic. it essentially wants the government to control who gets what. there s no question the capitalism isn t perfect or fair. some people who get wealthy do so by exploiting workers. that s always happened. the alternative is cuba orerna greece. do americans really want that? and who exactly are the bad guys here?st steve jobs?ob he died holding 7 billion inasse ....

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Detailed text transcripts for TV channel - FOXNEWS - 20111027:03:18:00

Speculation, risk taking, all ol that is good for the economy. when the bets go bad and they go running to their democrat friends in the white house from bill clinton to president obaman and get bailed out by the o american taxpayer, that is not a free market. i think all americans should be angry about that sort of crow cy capitalism. obama is sending all the money t to his green projects friends for ridiculous projects that go nowhere and don t provide energy, but they re allgy. democratic owners. that isn t capitalism and the free market. as for inequality, it s it s a red herring to talk about inequality.l hugo chavez and fidel castro live very, very well. the question is freedom or big government? with obama you get bigl. government and his rich friends get richer and richer.bi if you get rich on your own like the rich people you wereich mentioning, fine, more power toh you. all right, ann. theangthanks as always.aled ....

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