Washington Watch w/Roland Martin, 12.04.11 [Transcript]

At the top of our agenda this week, the unemployment rate drops to 8.6 percent, its lowest level since March of 2009. 140,000 new, private-sector jobs were created in November.

With the Herman Cain train derailed, the Newt Gingrich Express overtakes Mitt Romney – at least for now. The President and the Democrats back the GOP into a corner on tax cuts. What took so long?

Our “Washington Watch” newsmaker, BET founder and billionaire business mogul Robert L. Johnson on his plan to create jobs in the Black community.

In the “Washington Watch” roundtable, Deborah Mathis, communications director of the Public Justice Foundation; Jeff Johnson, MSNBC contributor; Armstrong Williams, host of therightsidewire.com; and Cornell Belcher, 2012 pollster for Pres. Barack Obama’s reelection campaign.

Plus, California congresswoman Karen Bass on Penn State, Syracuse University and her legislation to stop the exploitation and abuse of children. And a sneak peek at an amazing African art exhibit. Plus, Fox News is mad at the President and, once again, for no good reason.

All that and more in this week’s edition of “Washington Watch.”

Download the Washington Watch with Roland Martin transcript WW – 12.04.2011 Show