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This is not the way this was supposed to happen. we were supposed to be out of the woods for now on. inventory is going down, but foreclosures are bad because they drag down all prices and the more prices that go down, people get more underwater because their homes aren't worth much anymore. >> this is good. if you do have credit and you've got enough money for a down payment and you're planning to live in a house, this is the deal of a century. >> the real deals, though, are not being had by regular people, they're being had by very sophisticated investors. so as people come in with money, th...

They did the reverse mortgage, they didn't realize they are left off the title. what happens is when the spouse or the person that did the mortgage passes away, the note is due or it goes back to hud in this case. when the spouses are not on the mortgage, hud wants the money. they are saying you owe us the amount of the loan. the houses aren't worth what the loan was. if you have a house that's $200,000 and you owe $300,000 what do you do? >> the spouse is responsible for the full amount of the loan. someone else who could buy the house doesn't have to pay it. >> it adds insult to injury. a st...

Political heavy lifting. here comes labor once again out on an island where you can't find a politician with them. yes, ted kennedy passed away. it's really sad because a lot of things changed after that. where is the president? where is the democratic leadership? and don't send me a bunch of e-mails you press secretary saying this what is so and so senator said last week. this is intensifying. this is now involving, evolving as one of the biggest fights we have ever had in this country when it comes to wage earners. we now have to have a priority list, who we care about. and we are now having...

Over the last three quarters, would yet another stimulus be a waste of taxpayer money? >> yeah, this is not the way to go. the first is that the economy is not going down, it's growing, it's growing slowly. there have been a lot of one-time special factors that deceived people into anything it was growing faster than it really was. we have an underlying growth wait of 1 1/2, 2%, not terrible lee surprising given that we're coming out of a financial crisisment households are strapped, think have a lot of debt, houses and portfolios aren't worth what they used to be. the government is strapped. ...

>> in march, i said send us pictures of you. if you're a viewer, send me a picture and we made it into a mosaic which we unveiled as this big poster that's made out of pictures and the reason why i did this is people to realize they're not alone. now look at it. >> the first one is the movement that you're not alone. if you're mad, you're not satisfied, get involved. >> second one. >> second one would be -- >> we did our first documentary revolutionary holocaust, live free, do dot, dot, dot or die. >> you took out guys and you said, look, these aren't just guys whose names are famous. >> right...