Simon Kohn Stabl News Today

Panel, "wall street journal" columnist simon kohn stabl and fox business networks stu varney. what we said in the tauz wasnt exactly right. we said that president obama said we righted the howing ship and he hasnt said that. he said its still a big challenge, housing is still a huge drag on the economy and these numbers bear that out. >> and its going to be an even worse drag on the economy. weve just had the settlements by the banks of the foreclosure mess so now weve clarified the procedures t...

Up the dead weight? >> it has to have. it has to happen. theres no easy solution to this. the faster it happens, however awful it is, the better. its like the plaster -- >> megyn: simon! >> its going to be painful, but it has to have. -- has to happen. we had the credit binge. it is important to remember, theres no financial, no economic recovery thats been reboughs since the end of the second world war that has not involved houseing in a major way. megyn: it just seems to be a summit we cannot ...