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Detailed text transcripts for TV channel - FOXNEWS - 20120608:14:36:00

Terpbg around, and you ve got ben bernanke basically very concerned about the future of the u.s. economy, and gregg: though not taking any immediate action. martha: how much further can they go? they ve released a ton of money into the economy to quantitative easing and it s not produced the business and loans and job growth that everyone would like to see. also what we may hear about is europe, increasingly over the past several days, the president has been expressing his own agitation about what s going on in europe and concern that that is one of the factors dragging the economy down. you heard bob quirker saying sag it should be a huge red flag for us and force us to get our house in order in terms of cutting spending. that s what is going to be likely when the president addresses. gregg: greece default and something similar in spain could have a snowball effect ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120608:14:35:00

Your interview with senator quirker was very, very revealing when he said this is just silly, vote, penny annie small stuff, i think, mealy mouse small stuff i think is what senator quirker said that, it will have very little, if any, impact at all on the economy, which invites the question why is the president pushing it if that s true, and if it is true, maybe it s being pushed for political reasons to try to portray republicans as obstructionists or maybe the flipside is the white house genuinely feels this will make a material difference in improving the economy. har march there s got to be a lot of nervousness over the fact that the economy does not seem to be coming off of this cliff that we ve heard so much about. this is the third summer in a row that everybody was expecting things to start to turn around. it looked in the early part of the spring like numbers were improving in the unemployment numbers, housing numbers, all of that. it has not proved to be true, that the econom ....

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