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Have opened up investigations on the banks' foreclosure practices. complicated story i tried to tell on television a number of times with not a tremendous amount of success. more or less, what was happening was banks were foreclosures on properties that they didn't even own and on properties without the actual legal note, bank note, said we own this loan. and the foreclosure problem was actually a symptom of the true rotten cause. the rotten cause was when the securitization machine was going as fast as it possibly can go, people weren't being real careful about the chain of custody of the ban...

General in the united states have opened up investigations on the banks' foreclosure practices. complicated story i tried to tell on television a number of times with not a tremendous amount of success. more or less, what was happening was banks were foreclosures on properties that they didn't even own and on properties without the actual legal note, bank note, said we own this loan. and the foreclosure problem was actually a symptom of the true rotten cause. the rotten cause was when the securitization machine was going as fast as it possibly can go, people weren't being real careful about th...

Department reports number filing for unemployment has jumped last week to the highest it's been in six weeks after declining for three months. rich edson is live in washington tonight with an explainer at the fox business network. this kind of spike this time of year not that unusual, really. >> shep, this is a tough time of year to figure out et job market because of temporary holiday workers. they can skew jobs numbers higher in december and push lay off numbers up in january. so, analysts are saying this one week spike in unemployment claims may not be as troubling as it looks. the trend ov...

Any anecdotal examples of what america is feeling? >> well, i just described, i think that weave hard working people here in michigan who needed help and mitt romney said let them go bankrupt. so people definitely are feeling it. things are slightly on the up tick. we know we need to do more to revive this economy. the bush economy was hemorrhaging 700,000 jobs a month. we've had 19 consecutive months of job growth under president obama and so time and time again, when it comes to helping folks, i'll take one swing state, nevada, largest foreclosure problem in the nation. mitt romney there rec...

With, reverend, throwing this at romney and putting up his comment out of context and -- >> i asked you what romney said. >> i showed you what -- >> slow down. >> reverend, let me finish my point. let me finish my point, and i'll give it back to you >> i gave you your point. >> all right. reverend, if you're going to do that. >> romney said, michael, we were not comparing him to president obama's statement. >> oh, come on. it's all connected, and your problem, reverend, is that you want to pull out one chunk of this and don't think the rest of the cards don't fall. they do. >> was mr. romney r...