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Detailed text transcripts for TV channel - MSNBC - 20110808:20:18:00

Financial markets. what was a mega panel thinking? senior political columnist for the washington examiner tim carney and msnbc contributor and host of the majority report, tim carney. you can cover it up, run, you can hide. but the market ultimately, when the government runs out of tricks judges you on whether you are, in fact, cultivating prosperity. is there investment, it there production? obviously we know, there is not. and the stock market today, i was shocked, down 600 points. the interesting thing is, the treasuries are up. people want to invest in the u.s. government. let s stop there. because that s interesting. because they want to invest in the u.s. government and it is the only place that is guaranteed flow of money from the central bank. yes. exactly right. if it was you were concerned about real risk in the universe, the stock market, not so good. no guarantee there s. the only place that has guaranteeses is the printing presses of the american government and tha ....

Mega Panel Thinking , Washington Examiner Tim Carney , Majority Report , About American Prosperity , Stock Market , Tricks Judges , North America , Printing Presses , Central Bank ,