Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Is World Losing Faith in U.S.?

Details

  • Description

    FBN’s Ashley Webster discusses how the political squabbles in the U.S. are hurting its global image.

  • Duration 9:13
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- mr.

Webster moaning -- -- this or what you did last night now.

Went to see or a -- among retain the great singer in central talk in a tremendous concert He has an amazing voice and Alter.

-- who who made me aware there was.

Was Dagen McDowell is that right now.

Socialism out -- ordeal or not it's an outdoor dias at some stage event that they put on this you know the sound system is really good to those when it can be like that.

He is an amazing amazing talent did you -- -- buyers sulfur nobody with my life and and yeah and she's.

She's a singer by trade -- them.

-- and controller on Irish -- shoulders and and -- the cigarette lighter not half half.

-- -- Free vote now I know -- now we've we had to it was sit in the bleach is actually gonna have impetus treasurer five -- songs or for to go to ask your group saying they were yours -- there's some there were London call -- -- grew up with the clash.

In London -- yeah I love -- Sex Brussels GAAP storm back in 1976.

And chuck -- Yes classic -- everybody in the world trying to play guitar off again it.

Many of on Larry Campbell I heard over to -- yet Eastman -- one or two out of line day Easter effect that's riff at the -- for Ireland.

-- -- -- -- At that at one end of -- Israel some Wasilla what -- marketers and the markets are trying to rebound.

On this music there's apparently a plan in place to get to out of this debt nightmare with Greece I know from buying -- -- -- I just I just think this is a situation where -- -- seventeen countries and seventeen different sets of of for politicians all trying to come together and it's just doesn't work so.

And I -- question I am.

Why why -- our markets and -- care.

What happens in Greece -- -- contagion -- if Greece goes down the nick what about its leave Italy goes down and it's all bets are off because of the exposure of banks have.

That amount of debt on their books -- medical -- just just Domino's all the way over to him.

-- -- The world variants are connected much of a nightmare and this climate less police or in the financial crisis in 2000 UNH and I have one bank go down and and no one trusts anyone and they'll hold -- money and all of a sudden you can get a Ronald I was living in London when there was a run on northern rock which was the first bank really to go down.

In the UK and it was frightening it was a single long lines of people outside the bank trying to get the cash out.

-- or anything.

Those are government try to do something influences from -- right well yeah you know Treasury Secretary Tim Geithner went to the to Poland week or so ago and them.

Kinda got the cold shoulder -- like you know what mr.

Geithner hello -- -- you know.

Who used to tell us what to do without money when you -- countries already in debt to some ridiculous amounts though yes I mean certainly through the IMF.

In -- -- is through the IMF are actually helping to bail out Adam Greece this US expects.

One dollar Lazarus -- from the fox dozens.

And workarounds on around try to abortion -- she hosts its it's panel time looks good congregants.

Authors Sarah place here of to Fox News -- and were there are all of these -- You guys don't get a mobile implement Baltimore has over the -- Because they're -- says you don't like c'mon we'll look at take you by one time fuel on I'm not technically a -- some real -- -- -- -- -- employ you gonna get some I'm seventy in his Emmental what I have to school and you open to get access to the tired.

Room Jessica Riley when -- -- later.

You know be a -- and you by all I don't want to -- male and oh yeah yeah it and on this.

I -- dedicated -- that do you think the morality yeah well this is great -- they'll be no ties and I'll say generally operator an average number of so of fourteen point six trillion dollars or what it is -- particularly debt and most of monitor ball from China and yeah.

So what's the end game there are -- What -- what happens at some point.

Personal the united -- from a little sometimes think about don't know what happens have to have some -- -- wanna monetized I would.

Not be good that they simply -- -- money backing -- -- in with whatever interest they agreed to to get then.

We have to look for someone else to pumps money into this country I'm forward under good question.

Who would that be mean China's double the cubs right now Europe is bankrupt.

Whereas sickening go to Africa.

And -- -- of it would have to be of developing country may be that seems to be doing very well but -- even Brazil coming in them buying up the US is dead but it says.

It's embarrassing frankly -- China owns half of this country a lot cited that recording.

Mecca deal -- temporary back to monitor them.

What does China and while economists in the US -- default on China I just don't see that would happen I mean.

A -- would be able to pay back to mean technically yes they do own half this country but that this is it still the biggest economy in the world now.

There's no doubt about that and it would be able to pay it back but it's just the fact that we have to rely on China.

To come in and by all these government bonds so that we can operate when the Chinese Government reluctant control.

Politically this country absolutely.

It's very quietly trying to around the world is is exerting a lot of influence them.

People tell you and Africa as they are putting in a large amounts of the infrastructures they try and develop that country.

Mom and and I don't say there's a red under the bed with that but they are certainly a powerful force -- more so than I think people realize.

I was in Huntsville Texas over the weekend and and I had a treadmill.

And put my room.

Like Clinton drug bills of those children and it is a huge machine you know now looked evidence that made in China.

It's crazy isn't it I mean literally anyone listening global she could just pick up something.

Nine times out of ten is either Taiwan or China wasting may which is of public the problem in this country exported -- manufacturing jobs a long time ago.

-- come back to us in the form of dollar 99 -- Wal-Mart and them that's a reality unfortunately it's already headed toward a -- on time and when the Chinese Government says the president states.

And outward world now that's -- I don't think that's of it and now I'm sure in their dreams they could probably think that -- -- -- Freescale about cola no I don't think them don't hide under the new fund.

What's -- -- whole fault all lot of auto -- a lot of self like a and I know so now they do so.

Sold this so it's compliment cordial aren't our measure -- from.

-- to assist our current housing course of British and as the British accent.

The for sure unvarnished everything you unvarnished.

Yes I'll take to the bank peace because of the accepts -- It has -- so much credibility and drought grab a toss and we've got you -- totally cut down number remember Bernie visitor traffic reports.

What is British accent and they just some so important -- to -- -- them all back up into the left lane at exit 32 and cannot access card now.

Things of very very serious heading southbound.

Well done government.

-- -- back to you.

Hello this budget deal of the some of the -- yeah -- -- government analysis by means that you know we can keep the government running and that -- FEMA says look we've got enough money and we can operate fine until the new fiscal year comes around it.

It sold just political arm so who honestly so sick of -- real AM yes.

Politicians drive me -- the -- who you know.

I think around the world to be honest it's a little embarrassing for the US I think that has been.

A loss of face and I think people don't look at the US since the same way that they perhaps used to offer everybody who says it's political.

But the Republicans -- -- treated denied there was bad as each other like a really.

They pander to their constituents all they care about is is where they get the next vote is coming from I don't think at times they really put that the country first and some it's it's a real shame.

I remember reading.

Something to attract lots of -- a lobbyist course.

-- -- return to -- private sector constituents.

But He said -- Tea Party people were elected -- He said we're.

-- it couldn't wait for them to get to Washington so they can co -- -- of what happens a little.

Yeah is exactly right and and I just that that's a good point because I think Washington overall I just don't like the way it operates I don't like the influence of the lobbyists in the pac money.

The comes in they are the ones running the country.

And I I just think the founding fathers at some point is saying what the hell happened.

And related awarded to the recipe and -- Be anchoring the noon show today for Cheryl Casone who's taking a nice little vacations a good finesse of the doing it pretty good as -- lower Rothman of like measures will get Chris conduct the trigger on -- very good.

Yeah and -- Such in my office slaughter a much.

There's an -- and it you know.

It looks like he's angry about but Sharaud is probably not Clinton -- I think it's there -- general Roy bridge volume -- -- Two years ago married in London.

I met my wife in London all I was guns.

I thought maybe it's like a 25 in thing know they were taking your -- to a concert apart but.

I thought only in two years now -- have to take a look yes absolutely -- Mariner good sport thank you very much thank you would like to.

Load More