Detailed text transcripts for TV channel - FOXNEWS - 20100827:14:02:00
$864 billion is tapering off and all the federal government's intervention in the house market with the first time homebuyer tax credit also expired and we are seeing a contraction in the housing market with the tapering off of federal stimulus spending, they are trying to find where the demand curve will be pushed upward and now they cannot find it and maybe the federal reserve can help but we already know rates are near historic lows and doesn't appear that there is more the federal reserve can do, back to you in new york. martha: it is interesting, we were watching the market and futures we...
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