Detailed text transcripts for TV channel - FOXNEWS - 20100814:15:35:00
Which means the government is guaranteeing all the mortgage paper in this country. and don't forget, the housing burst long before we had unemployment. we were at 6.8% when the housing bubble burst. >> but the tax credit motivated buyers but pushes them back in the future and now we got nothing. freddie and fannie will need a bailout. these guys cannot make it without us so where are we? why not back out of this altogether? let housing prices go down if they are going to. maybe it will insentivize people to buy. everyone should be a homeowner? >> that is not true.
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