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Detailed text transcripts for TV channel - FOXNEWS - 20120818:22:35:00

They re going to try to do is get more of the mortgages off the books of fannie mae and freddie mac than had before. up until now it was 10% a year. now they re upping that to 15% and giving people the idea that this is getting better. the housing market is getting better, we ll talk about that in a second. but the idea that we re going to be paid back, just not going to happen. rick: why not though? i was looking at the earnings for fannie and freddie. fannie mae, $5.1 billion second quarter profit. they paid out dividends in $2.9 billion in dividends to taxpayers and freddy, $3 billion in profits. these companies are making money again. they re really not, cause there is a lot of fuzzy math here, but they re still pulling down billions and billions of dollars over and above that off of the treasury and off of the books of you and i and every taxpayer. it s a problem. it s a bipartisan problem. it s an issue. this isn t one political statement. both parties, we got ourselves into ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120818:22:14:00

Launched porchideas.com, the very simple idea, a web site that offers photo shares, building tips, designs of front and back porches. it went from about 30 viewers had they launched, to about 9,000 viewers a day, attracting advertising dollars. which has now allowed the couple to work from home. we really put our heart and soul into it for 18 months until we saw there s a possibility that we could leave the corporate world and work from home cause we started seeing a lot of traffic coming in and started earning enough money to where we felt like we could leave the corporate job. now, we met two other entrepreneurs who weren t in the corporate world for very long before they knew it just wasn t for them. two girls opened good-byegirls.com, which has morphed into a clothing boutique in east nashville. they re open seven days a week. they ve been featured in national magazines and the girls tell us it was an emotional transition leaving the security of a desk job. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120818:22:24:00

Vision where we re going to provide the financial solvency for the program. i d like to see democrats talk about bowles simpson and try to find structural debt reform that deals with both the defense spending, responsible defense cuts, and also entitlement reforms so we can get small business going and lift the burden. i also think the idea that republicans are against the obamacare program which tells free loaders stop going to the hospital and making other people pay for your health care, well, unleashing the potential of small businesses strangled by rising health care costs seems backward to me. they say it s going to be an pontie debate and florida is a microcosm of it. patti ann: president obama said that the ryan plan makes seniors pay more so that they can give tax cuts to millionaires and billionaires. how do you respond to that? well, i think that one thing president obama left out was that it protects seniors who are 55 and older. i wish that he would put that into his s ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120818:22:21:00

Clinton-gore, and gore lieberman presidential campaigns. and justin, a spokesperson for former florida governor jeb bush. thank you for joining us. sure. patti ann: josh block, let s start with you. president obama says the ryan plan, quote, end medicare as we know it. in reality, while it does introduce a voucher option, you would still have the choice to keep the government plan. the idea is just to introduce competition and lower prices. what s wrong with that? i think it takes away the guarantee that the government provided that when you retire, you re going to have a medicare program to rely on. how it turns out, how the funding works, there are a loft mysteries there. when you privatize a program like that, you re playing games with something that people relied on. i think it s also true that democrats need to come up with a plan that deals with the financial solvency of the program. scare tactics may be enough in florida. but i think democrat also have to do better than th ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120818:22:45:00

Chair of the senate foreign relations committee. how much does the choice of a running mate really matter? susan is a professor of law and political science at usc. she s a fox news contributor. always good to see you. i don t know how indicative the folks down at the villages is in florida are, but there were a lot of very excited senior citizens today getting the chance to hear from paul ryan. well, that s very good for mr. ryan, but i have to say, i think whether you like it or not, the democrats are gleeful at the idea that they re going to be able to paint paul ryan as somebody who wants to undermine social security, privatize it, make it optional, take on medicare, and i think there is a real contest going on here as to who is going to get to define paul ryan, whether it will be paul ryan or whether it will be my democratic friends. rick: we showed a clip a moment ago from a campaign you were involved in. this was michael do cass kiss, his campaign. ....

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