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When he got up and said was we can't wait, he knows it isn't perfect, he is saying i'll use executive power, executive action get the states attorney generals together and do something. every day sending a message you were talking at the beginning of the show, the republicans don't have anything to say on the economy except let the mortgage crisis hit bottom. >> sure. >> and he will go out there and fight for middle class families. >> so the republican candidates quiet about this today. there must be something good about the deal. but the republicans were not at the table at any of this, does ...

California. the economy is not out of the woods yet, congressman. we know that. but in particular nevada still getting stung, which makes it a difficult prize for the democrats in the fall unless something changes in that state. >> michael, you're right. that's why i think someone like mitt romney who said we should let the foreclosure process work its way and have more nevadaens and americans lose their homes will not play well in november. i think that's why the president's creates jobs and -- will help, compared to mitt romney's remark about -- having trump be an endorser recently, and so i...

Of this from the president's point of view, why is he doing this now? >> the politics were in the remarks that the president made on screen. if we can't wait for the housing market to hit bottom. who said that? >> mitt romney said that last october. >> he said you could, he said we do want it to hit bottom. >> yeah. >> if you don't hit bottom, you can't go back up. >> right. >> you have the clear market and supply of horses have to clear. >> the president also said this is the sort of program that makes middle class familiar ris whole. who is running on the middle class? mitt romney. let me id...

But it is wrong for anybody to suggest that the only option for struggling responsible home owners is to sit and wait for the housing market to hit bottom. >> paul: conceding that earlier administration efforts to help struggling home owners had fallen short. president obama this week called on congress to pass legislation that would make it easier for more borrowers to refinance mortgages, creating a new program through the federal housing administration, that would have the government guarantee the new loans and assume the risks should borrowers default. this, despite a recent audit that fou...

Wholeheartedly nevada will go -- we're at about 12.6, we're hurting, and it's not looking any better. he said he believed it needed to bottom out or hit bottom, and i'm paraphrasing. how were those comments received in nevada? >> well, you know, i didn't hear too much discussion to it, but i can tell you we're at the bottom and we definitely need someone with real ideas, real plans and ready to go day one, not three years into the administration. >> there has to be a connection to the shark. >> that's my father-in-law, jerry tarkanian. >> thank you for joining us. >> thank you. will the endo...