Page 33 - Budget Problems News Today : Breaking News, Live Updates & Top Stories | Vimarsana

finally, if you thought american debt was worthless, think again. i'll explain. first, here is my take. the american economy seems to have picked up. the dow jones industrial average is hovering around 13,000. the highest since the financial crisis began in may 2008. things do seem to be getting better. this is good news for president obama because there's a strong co-correlation between economic growth and a president's prospects for re-election. the unemployment numbers are still pretty high, but they are also falling. also, many models issing that unemployment is not the crucial s...

He takes. he doesn't want to take that approach. he could have taken that approach here in wisconsin, he chose not to take the approach. >> mayor --. >> it shows what happened. >> did you have a chance to talk to the president about the mortgage issue and the way the money is coming in the state? >> i talked -- you bet i did. i talked to the president i mentioned two things. first, how important i thought his insourcing argument was, i think this is an important economic and patriotic message to tell the american people and after i told him we have a situation here in wisconsin where the repub...

Process. and then you think of the houses that aren't boarded up, but people who have lost the value of their homes because they are situated in neighborhoods devastated by this mortgage banking and foreclosure crisis. these are the people who deserve to benefit from the settlement funds. these are the people and neighborhoods that ought to be -- you can't make them whole again but at least taking those steps. and so i think scott walker ought to be ashamed of using some of these funds to plug a hole in his budget. >> when you go to a neighborhood like that in milwaukee and talk to people, are...

Diverting some of it for his own budget problems? are people aware that is happening in the state and how do people feel about it? >> a lot of this has just happened in the past few days, part of our going to neighborhoods and meeting with community leaders who have been at the forefront of helping people in this foreclosure crisis is to get the word out. and frankly, that's really what we have to do across wisconsin and across the country right now. we need people to understand what the terms are of this settlement agreement so that they can get the relief they are due especially if they have...

>> how would you advice the campaign to take on romney that is on the display? >> i would advice the obama campaign to be the president and use the presidency, and the state of the union address january 24th, that's where the president gets to show that he is still the president, he is still the one that can layout an agenda for the future of the country, and how are we going to get the country moving and growing again, and all of those things that build the future with we know we have severe budget problems. that's where the presidency really comes into play, and that is frankly where alabaob...