Page 2 - Housing Value News Today

Can you clarify this for me? this settlement doesnt actually touch the washington mutual stuff? >> i dont know all the details, but i do think its important to realize that this is probably not different in kind than a lot of the activity that we have seen in courts a and in settlements today. this is probably different in degree. but lets take a step back. during the crisis, you had some 20% or 30% of housing value in the country decline. which meant that $5 trillion $6 trillion disappears. the...

Capital joining me now from baltimore with the answers to all of your questions. thanks for being with us todd. >> thanks for having me. >> okay. so ill ask you that question. is my home worth more than it was last year? >> well it shoul be carol. case schiller index. everybody wants to focus on this. the housing data recently has been okayed. it hasnt been great but it hasnt been poor. case schiller is going to look at 0 major metropolitan cities. it is going to give you somewhat of a housing v...

Time and we dont know what the ruling will be. is he going to say that the federal bankruptcy law controls, not so good for the unions or california law controls, which is better for the unions. if he finds against the union, because the city owes apparently 900 million to pay for the public union retirement. 900 million bucks. if he finds against the union and says, you know what, the city can file for bankruptcy protection and youre going to have to be treated like a regular creditor. what doe...

Industrialized country in the world because the banks are stable. thats a good thing. we should not move away from that. >> can we just go on this issue of success for a second and the presidents rhetoric. if you listened to the republicans last week there was a lot of argument that somehow the president is attacking success. and i think whats really happened here is if you look at what happened in 2008 in wall street and housing and a whole variety of areas, you know, there was a crisis and peo...

People and nursing home patients and children with autism. am i wrong in that interpretation? >> no. not if you look at the ryan budget plans to do. and romney certainly endorse the budget. what the president is trying to do in his speech is make a great argument for the role of government in creating jobs and public sector clearly creates private sector. >> sean: how come we have a million fewer jobs than when he took office? >> heres the tough problem for barack obama. he cant run on the recor...

>>guest: he is in real political trouble. >>neil: do you thing heel lose? >>guest: i do. without question. i have believed this now for quite a long period of time, because the unemployment numbers we talked about. and, also, the collapse of housing value l is in sense he is a leader in this. that he seems to be playing politics with everything. and that at this point, frankly, is counterproductive. and i think you have seen it in the drop in the polls and they seem to feel that with whatever we...

economy. now is the time for action. so i want to send a clear message for congress. do not slow down the recovery that were on. dont muck it up. keep it moving in the right direction. >> steven moore is an editorial writer with the "wall street journal." steven, the presidents message dont muck it up. your message is to the voters and youre saying the worst thing they could do for the economy is four more years of president obama. why do you see president obama as a particular threat ...

Help college students with respect to their loan repayments. on the mortgage, this mortgage help is rather controversial. theres a reason he couldnt get that through congress. >> reporter: theres a reason, its because, you know, good judgment, you know, he cant wait for the constitution is what hes saying here. the fact is he doesnt have a surplus of really great ideas here. in fact, the housing bubble is the cause of the economic travail that weve been going through in this country for the past...

what ben bernanke said yesterday was exactly what the market expected him to say, we know things are weak, we know europe is a severe issue. him saying it even though they knew he was going to say it makes people more worried looking for something to hold on to and a little bit of hope. most people say this is a dramatic sell-off and you might see stabilization. that isnt the same thing as saying we arent in a real economic problem, we know we are. >> it seems the markets are underwhel...

for the "wall street journal" and david gergen. what was behind the selloff, er? >> i was talking to a few investors today what ben bernanke said yesterday, anderson what is the market expected him to same we know things are weak we know europe is a very severe issue but him saying it, even though they knew he was going to say it makes people more worried, people are kind of looking for nothing hold on to, maybe for a little bit of hope, why you see this people are saying this is a rat...