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Detailed text transcripts for TV channel - FOXNEWS - 20101123:15:47:00

Had opportunities to work on a national campaign and i would have done, if our circumstances were different. reporter: how does lauren feel about you working with the president and him taking your time away. she was having a hard time understanding why hivi was livi in washington and, not only and she d say, how come barack obama needs so much help. what do you think about your dad gone in washington, for so much work. i miss my dad, he has been in washington, this year. reporter: lauren is always in his thoughts and one of her paintings hangs in his west wing office. it s the white house but she added a reflection of the chicago skyline in the water. the first thing i see when i walk into my office, every day and is a little piece of home. reporter: he will be leaving the white house, soon. returning to chicago, to be closer to his family, and to start president obama s re-election campaign. it is a privilege of a lifetime, to serve and to serve ....

President Obama , Rosemary Connelly , Livi In Washington , White House , West Wing , Re Election Campaign ,

Detailed text transcripts for TV channel - FOXNEWS - 20101123:15:05:00

Mistake, two years ago, when it decided to guarantee not only the depositors in their banks but all of their creditors as well, no country is big enough to do that with a banking system, small country, switzerland couldn t do it. switzerland got outside help during the crisis in 2008. so, they are paying the piper for it and it is too bad, bill, because ireland itself has taken real austerity measures the last year-and-a-half and did not wait to hit the wall like greece did and they have to find a way out of this. and the bank situation. bill: if that is the case, maybe ireland is okay on good footing eventually but are we back to the question, are we back to bailouts? well, in this case, they did it. and i think that is why the prime minister will be, perhaps, having new to search for new opportunity in his professional life and we have a situation here at home, california, illinois, number of municipalities, and counties, and what you will see there is not a blanket bailout, bill ....

Banking System , Switzerland Couldn T , Small Country , The Hard Way , Livi In Washington , Prime Minister , Blanket Bailout ,

Detailed text transcripts for TV channel - FOXNEWS - 20101123:15:42:00

Yesterday, the first part of it, she suffers with epilepsy and david and susan have been on a long and often frightening journey to deal with the debilitating seizures and the outcome is a happy one, she s seizure free, learned to live more on her own and lives at a special place, that caters to people who have been dealt shall we say a tougher set of cards than the rest of us have. called misericordia, outside of chicago and we ll take you there, to see how the axelrods and many others have found a safe harbor. god made me. reporter: she s one of the daughter of the most powerful men in washington. her dad, david, is a senior advisor to president obama. since lauren has an infant she suffered an onslaught of epileptic seizures, literally assaults to the brain and ....

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Detailed text transcripts for TV channel - FOXNEWS - 20101123:15:04:00

We watched yesterday in ireland, political and financial chaos. in ireland. possibly a frightening forecast of things to come here, at home, the prime minister of ireland, now facing a mutiny, his own party trying to oust him out of office and it could impact the potential $135 billion bailout, ireland hopes to get, from the european union. 135 billion dollars, for ireland alone. that country on the brink of bankruptcy because of real estate speculation by irish banks and, who better to talk about this than steve forbes, editor-in-chief of forbes magazine. how are you doing? good to be with you. when we see it we wonder if it will come here and you saw what happened with the school issue in california a week ago, far separate from what we see in ireland now. but, what do you make about the call for ireland to get $135 billion, and now, the talk of others getting in line as well? are we back to bailout world? well, unfortunately, the irish situation was not a necessity at all, i ....

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Detailed text transcripts for TV channel - FOXNEWS - 20101123:15:06:00

States, these countries counties, these states are going to have to make major restructuring, like new jersey is now with its own finances, congress is not going to step in and bail them out, the federal reserve tries it, you will see a real mutiny and political storm. bill: back to the federal reserve point in a moment here, you are saying that with regard to new jersey, the measures, the governor is pushing this, chris christie, are others following his lead? because clearly you know they are studying him. now you think of what is happening in california, a $20 billion debt in california, one state alone. i don t know what your view is. is california capable of bailing itself out? or ultimately does the price tag go to washington which reflects upon us, the taxpayer. i don t think politically it will happen. virginia is also taking steps, they weren t in as bad shape as new jersey but i think the unions in california, i was there a couple days ago, the word is they are beginning ....

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