Page 2 - Record Foreclosures News Today

Get funding, that that is just this outsized risk that they say they dont feel comfortable, you know, buying and being in the market when theres this giant risk out there. i think that worry will be with us for quite some time. >> thats quite a lot of drag on the economy here and there. thanks so much. thanks for joining us today. >> thank you. the economy, of course, will be a big issue tonight in las vegas when the republican candidates gather for the eighth debate. can rick perry find his m...

Friend of mine, torry clarke, who used to be the pentagon spokesman, "lipstick on a pig". this is lipstick on a pig. we are pursuing polices that are not going to lead to growth, not going to lead to prosperity, all the indicators are negative indicators. were trying to help obama save himself, before election day, he can turn it around but he needs to abandon these polices. as you said, martha, were looking at a double-dip in the housing market, record foreclosures, unemployment going up, not d...

Idaho, on the other hand, which allows some bargaining by state workers, theyre in the best shape of any state in the country. this idea that somehow public sector labor unions are the cause of these budget crises is just not supported by the evidence. the reason they have fiscal problems is not because of unions, it is because weve been through the worst recession since the great depression. we havent seen prolonged levels of unemployment in this country. unbelievable waste of human capital sit...

You would see the economy roar up and the stock market immediately go up 20%. >> mr. zuckerman, the last question goes to you and less about business and more about homeowners. i know there is an area you know more about. what is wrong with the housing market right now? why are we having record foreclosures? >> we are having record foreclosures because we had a huge bubble in housing which was supported by a bubble in credit. it got to such a high level it was unsustainable. now have you a huge ...

See the stock market immediately go up 20%. >> mr. zuckerman, the last question goes to you. its less about business and more about homeowners. i know this is an area you know a lot about. what is wrong with the housing market right now? why are we having record foreclosures? >> were having record foreclosures because we had a huge bubble in housing which was supported by a bubble in credit. and what happens is that the housing market got to such a high level, it was bound -- it was unsustainabl...

A double-dip for the housing market, meaning prices could go lower again. heres the threat -- number one thing, joblessness. this is still a problem. if you have 7 million or 8 million fewer jobs today than he did a few years ago, that means 7 million or 8 million fewer people who can pay for their mortgage. you have record foreclosures. we have more people this year who will lose their home than will send a kid to their freshman year in college. think of that. thats a real problem. the end of t...

Money in nevada. and heres their first ad up and it is just out today. take a listen. >> harry reid brags about his taxpayer funded $787 billion bailouts. more than 180,000 nevadans out of work. nevada home prices plummeted. record foreclosures. the work is paying off for his friends in washington but leaving nevada with what? >> so for this rove-gillespie-led group, this is as much a marketing campaign to raise money to get involved in more races. their goal is to sort of be an outside group in...

Latest updates on this topic.

Evidence. the reason they have fiscal problems is not because of unions, it is because weve been through the worst recession since the great depression. we havent seen prolonged levels of unemployment in this country. unbelievable waste of human capital sitting around and degrading. record foreclosures and record bankruptcy. thats whats destroyed the revenue basin these states, not unions. states dont have money right now because the economy is terrible, and the economy is terrible because an $8...

Country. idaho, on the other hand, which allows some bargaining by state workers, theyre in the best shape of any state in the country. this idea that somehow public sector labor unions are the cause of these budget crises is just not supported by the evidence. the reason they have fiscal problems is not because of unions, it is because weve been through the worst recession since the great depression. we havent seen prolonged levels of unemployment in this country. unbelievable waste of human ca...