Page 40 - Housing Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The domestic housing market was hit hard by this worst recession since the great depression and it remains a challenge. martha: we detailed five programs that the administration has spent as much as $500 billion on to try to alleviate the housing problem in this country. and apparently according to jay carney they are work on another project that they are just rolling out. so that's their reaction to the housing numbers today. interesting. swarms of jellyfish, i'm told it's called a smack of jellyfish. that's backed up here. i just checked it out. but they invaded a popular spot in the sunshin...

Colleagues who never quite figured decency out. not joe. the gentle giant who never forgot the little guy. >> with me in philadelphia is my good friend joe battapaglia. >> did i say that? >> we got it on tape, honey, if you want to see it. >> where is the shredder when you need it. >> i have no idea what i did and it sounded impressive. >> do you remember when it was a big deal? >> all right. go ahead. >> we could apply the money more directly to the housing problem and perhaps bring about the solutions quicker. it's asinine to honest with you. that's what the market needs. [ laughter ] >> did...

Had houses in the first place. that stands in the way of lenders dealing with people who may be unemployment, where you with work things out. you know as soon as they get the job, that is money good again. so instead of trying to deal with the government mucking up the housing market, even today, if you have a good score, good job, put 20% down, it's hard to get a mortgage, because they have mucked the system up, so stand back and let the thing work out. then in terms of creating jobs. >> let's to be on jobs for a second. you not only will have a housing problem, a cops problem, a teachers pro...

Things but the first one it means is you've got to be willing to physically move. americans are pretty good at that. not right now because of the housing problem because a lot of people have mortgages and homes they can't sell. mortgages that they can't service or they can't leave. but perhaps the larger part of it is we need to acquire skill sets rather than thinking about being cogs in a large machine. a lot of americans have thought of themselves as works up that machine, all good stuff, it used to work very well. but today what you really have to think of yourself as somebody who's a skill...

More dynamic and mobile workforce in america. it's something that you've thought a lot about. what does that mean? i often when i say it on tv or discuss it, i have viewers acceptsend me messages, what do you mean? >> it means a bunch of different things but the first one it means is you've got to be willing to physically move. americans are pretty good at that. not right now because of the housing problem because a lot of people have mortgages and homes they can't sell. mortgages that they can't service or they can't leave. but perhaps the larger part of it is we need to acquire skill sets ra...