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Detailed text transcripts for TV channel - FOXNEWS - 20181230:00:43:00

like in 2000 right after 9/11, the fed massively lowered interest rates, which in turn, all the pension funds run the united states. they have a basic model. 6% return, they ll be able to pay the pensions in the end. but now they can t get yield, so they started chasing yield, and that s when these collateralized debt obligations, crazy things started happening. if they didn t get the yield, the entire model would collapse. mark: didn t get their 6%. average 6% and so they had the chase yield and that s what caused everything to burst in 2008 because the federal reserve is always trying to keep us out of a recession. mark: is that the job? what was the original job of the federal reserve? wasn t it to keep the currency stable? keep the currency stable and keep the bank stable. mark: now what does it do? runs the economy. trying to run the economy and it s an impossible

The endInterest ratesPension funds9 11Collateralized debt obligationsMark levinSocialism everythingLets talkDidn tWasn t

Detailed text transcripts for TV channel - FOXNEWS - 20181230:00:05:00

your family. your father just passed on. yeah, my father was an amazing guy. 20 years in the navy, great father. you know, i had epilepsy when i was a kid. he did not treat me one bit different because of it. when i was 12 years toeshlgsd was 5:30 in the morning saturday morning, my dad would not buy apartments unless there was a condemned sticker on every door, we would get them cheaper. mark: he was investing in real estate. made me work construction when i was 12 years old. mark: he worked hard his whole life. he did. he was always a hard worker he had the world s greatest work ethic. he used to tell me like family is everything. there is no choice about take care of your kids, and, you know, like i said, me, both my

Mark levinReal estateMade me work constructionSocialism everythingWork ethic

Detailed text transcripts for TV channel - FOXNEWS - 20181230:00:23:00

past 20 years because you have capitalism working there. there s a million other things too with medical care, you have tort laws where everybody is suing everybody. i read once that almost every prescription drug out there has a lawsuit against it. mark: i don t doubt it because some states when you drive around, like in florida, every other billboard is personal injury lawyers? every commercial on the radio is personal injury lawyers? people don t want to realize it s an imperfect world, you know? not everything is going to work right. there s always some people are allergic to peanuts, some people are allergic to a drug, and you get so much bureaucracy involved, lawyers involved and everything is sort of, eh with medical insurance and things like that. i don t know the exact solution for medical care, more

Prescription drugTort lawsA millionLets talkSocialism everything

Detailed text transcripts for TV channel - FOXNEWS - 20181230:00:41:15

Detailed text transcripts for TV channel - FOXNEWS - 20181230:00:41:15
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Mark levinRick harrisonPro trumpAnti trumpSocialism everythingThe end

Detailed text transcripts for TV channel - FOXNEWS - 20180806:02:30:00

a corporation, but a corporation in itself can t be bad. and you wouldn t have that cell phone without a corporation, you wouldn t have a car without a corporation, you wouldn t have the power on at your house without a corporation. corporations are one of the greatest inventions of all time, a way to combine capital without any risk above and beyond the amount of capital, and to create wealth. there s not a single person that can come up with the money to start a massive car company. he s going to have to get on market to get money, but this doesn t taught to anybody or kids. all they re taught is corporations are evil. they go to college and basically told by the liberal professors that have never lived in the real world, everything should be free, and like margaret thatcher said, socialism is great until you run out of other people s money. it has never worked. all it does is the socialists

Cell phoneMoney in the bankCar companyDidnt go to collegeDoesn tSocialism everythingMargaret thatcher