Detailed text transcripts for TV channel - MSNBC - 20111210:12:31:00
The 99% and the 1%. foreclosures for some reason -- the banks are very powerful. it cannot seem to gain tracks. i talk about it on the show. i've talked about it when i have hosted other shows. it just seems to fall into the well. even though every commit you talk to says, household balance sheets are the key to recovery. we need to get household balance sheets. we have all this overhang of debt. we need principal write downs. it has completely disappeared from the system. >> it doesn't make sense to anybody. i am listening to you and it doesn't make sense. >> that's why they pay me the big bu...
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