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Detailed text transcripts for TV channel - FOXNEWS - 20130228:20:17:00

Attorneys for the plaintiffs arguing his team s report was incomplete, essentially a whitewash. bly himself admitting the investigation did not analyze if potential cost-cutting contributed to the deadly blast. he said they did not take into account the well was over budget and behind schedule, as we have heard other expert witnesses assert. on the stand earlier blue saying, i m quoting, obviously there was a terrible tragedy. i completely see that. but that doesn t mean the management system we were using was an absolute failure. you can decide for yourself, shepard. the good money was on the prospect of this thing settling and a lot said by tomorrow. what s the thinking there? reporter: court is in recess tomorrow. it s going to be that way eave friday. the judge set the schedule. only hearing testimony monday through thursday, and really at this point the final day of proceedings this week, alet of ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130228:20:42:00

Idea that things are better, then it will back off. shepard: you say it will. on a shirt-term basis it s due because out of that. not because of the government spending cuts. that s just one thing that could set the market up for a little disappointment. the consumer has struggled in the first part of this year, obviously with the payroll tax coming back, and smell tax refunds, wal-mart had a hard time, having sales grow this year. that s one of the areas, and gasoline prices going up. so it s a push-pull and the market is look only the bright side. shepard: corporations are making are more money than they ever made but they re not hiring because they don t have to the government was spending and hiring. now that stops. historically speaking, without exception, that s a recipe for disaster. if the government backs off while the private sector is not expanding, that s trouble. self-created, self-inflicted trouble. that s the second piece of that in terms of corporations not hiri ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130228:20:33:00

Wrong. it seems to be consensus that ought to be fixed. but those companies have a lot of money, lobbying those people on capitol hill and can t get it fixes. once again they re not working for us, and that s abundantly clear, mike. reporter: well, that is correct. a lot of people do think the system is broken, and one reason they don t want to close loopholes, just to give you devil s advocate, they re saying essentially if you close the tax loopholes, takes away incentives to fix the program to do overall tax reform. so, in other words, take away the loopholes that pay higher income people take advantage of, but the tradeoff would be trying to lower rates for everybody, and so if you give away the loopholes now, you re not going to be able to lower rates later. shepard: got it. mike, thanks. so washington again has done nothing. the plan to save they organized themselves to fail, is coming. thanks, washington. yet again, nice of you. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130228:20:27:00

Tactic. he is asking these people, first to convict her and then kill her, right? what he just did, the 59 seconds you just showed shepship sortenned shiftenned her up. something to be pitied, this woman who doesn t remember 27 stab wounds. while he was attack herring when she was crying, case, the prosecutor cross examined the defendant. that s the tact he took, and they did not come back with the top killer. they came back with the lower count. the guy is still in jail for 40 years but not life without parole. so it was moral victory for the defense. shepard: for somebody who has been up there 134 days, how she is doing? got to be a basket case emotionally and mentally. ask the question, look at the jury, ask the question, look at the jury. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130228:20:40:00

That would be unusual. this is more a defense tactic to prepare and win at trial on the more serious charges. reporter: they re in recess right now. we believe the judge will either reject or accept his plea sometime later on today. shepard: trace, thank you. well, take a look at the bigboard, would you? the dow near record territory amid a flurry of good economic news. up 35 on today s session so far. the number of americans seeking jobless benefits fell 22,000 last week. to a seasonally justed number of 344,000. that is concrete evidence the job market is picking up. new home sales jumped 16% last month to their highest level in four and a half years. the u.s. economy grew at a .1% annual rate in the fourth quarter. that is only slightly better than the commerce department s previous estimate that the economy shrank, but better that shrinking and it s the weakest ....

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