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Detailed text transcripts for TV channel - FOXNEWS - 20110531:10:14:00

with employment, employment slumping at home, some wondering if his priorities should get our economy up and moving again? stuart varney is here. the news is this tuesday morning as we come back from a long weekend and the president come back from an overseas trip, the news is the economy is heading south all over again. in a couple of key areas. in a couple of hours, we re going to get numbers on home prices. and it s going to be a bombshell. why? they re falling? down again. they keep on falling. home prices are still falling. they may now hit a new low. a post big recession panic low. that s bad news for middle america. most people are many people are underwater. if you bought a home between, say, 2004 and 2009, you probably lost your equity stake. you probably lost your down statement. that s not good news. that s scary because the housing market determines so much, doesn t it? overall, the economy is heading south. it should be on a steady move upwards getting more v ....

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