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Today. acknowledging that the status quo doesn't work is insufficient. doing it in a way that creates more competition in the marketplace. more choices for consumers. make this about consumers and not government agencies and 25,000 pages of regulations and 27-hundred page bills. >> i think when we talk about consumers. when we get sticker shock this is the first round that's going to mean nothing. it's the second round when people have to -- next year i think that's the problem. that's where we are really going to seat sticker shock. >> i think when people re-up that's what happened in the fal...

Today. acknowledging that the status quo doesn't work is insufficient. doing it in a way that creates more competition in the marketplace. more choices for consumers. make this about consumers and not government agencies and 25,000 pages of regulations and 27-hundred page bills. >> i think when we talk about consumers. when we get sticker shock this is the first round that's going to mean nothing. it's the second round when people have to -- next year i think that's the problem. that's where we are really going to seat sticker shock. >> i think when people re-up that's what happened in the fal...

Who are in the race and compare them to the ones who aren't in, the list of people not in this race on the republican side outweigh, in a lot more ways than one, the people who are in the race. and i mean that positively. don't you think your team of candidates who chose not to run would cream the ones who chose to run? >> well, you know, i'm flattered, ed, you're very generous. >> it's true. and you know it. the fact of the matter is it's true. you and jeb and mitch daniels have so much weight on these guys that's running -- i mean, mitch's an incredible candidate, but these other guys, they'...

Others are brand new to most voters. i just think people are being patient and taking their time, is the main thing going on here, because they realize, this election an election with incredibly high stakes. >> if i look at the candidates who are in the race and compare them to the ones who aren't in, mitch daniels, haley barbour, jeb bush and chris christie, the list of people not in this race on the republican side outweigh, in a lot more ways than one, the people who are in the race. and i mean that positively. don't you think your team of candidates who chose not to run would cream the one...

Realtors. and my wife, in particular, every night at dinner talks about the soft market. >> right. >> here's what she report reports, mr. president. she says that an increasing number of deals are short sales where people are upside down on their mortgages. she finds that the banks are ill-prepared to do these deals and wonders what can you do to spur the housing market, as well as bring relief to people whose homes are worth less than their mortgages? >> well, one of the things we're trying to do is to work with the banks to accelerate a short-sale process. and for your listeners who aren't i...