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Detailed text transcripts for TV channel - MSNBC - 20110809:17:12:00

I m just channelling what a lot of democrats and obviously the republicans who are more partisan are saying about it. even the home team doesn t feel satisfied with what happened yesterday. reporter: it plainly didn t re-assure markets. we saw what happened after the president spoke. his options are not great at this point. certainly the white house is breathing a sigh of relief today that markets are up a couple hundred points. you can be sure that the white house economic team is scanning everything possible that they believe they could do using executive authority, other steps that they can roll out. things that they could ask the congress to do. but many of them because of the near term effect on the deficit and the requirement that it would involve spending would be very, very difficult to get done. john harwood has been on it all weekend and your interview with tim geithner making a lot of news. thank you so much for taking time today. a final sad te terribly sad homecoming ....

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