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Being able to sell your house and you might not be able to sell it for a long time. none of the housing programs are working. we haven't reached the bottom yet. plus have you two-thirds of the global economy in recession or heading towards it. the developing nations, developing at a slower pace, all of this trickles down to americans are bearing the brunt of policies that haven't been working. >> sean: you said the words "we didn't hit the bottom yet," on the housing market, i have read three articles and i hope they are wrong, that says we have another housing bub they'll has yet to burst. tr...

Being able to sell your house and you might not be able to sell it for a long time. none of the housing programs are working. we haven't reached the bottom yet. plus have you two-thirds of the global economy in recession or heading towards it. the developing nations, developing at a slower pace, all of this trickles down to americans are bearing the brunt of policies that haven't been working. >> sean: you said the words "we didn't hit the bottom yet," on the housing market, i have read three articles and i hope they are wrong, that says we have another housing bub they'll has yet to burst. tr...

responsibility is the right approach to take for, i think, not only the united states but also for europe. okay. >> republicans are saying you're blaming the europeans for the failures of your own policies. >> the truth of the matter is that, as i said, we've created 4.3 million jobs over the last 27 months. over 800,000 just this year alone. the private-sector is doing fine. where we're seeing weaknesses in our economy have to do with state and local government, oftentimes cuts initiated by, you know, governors or mayors who are not getting the kind of help they got in the past from...

Won't be back. i'm started how much won't be paid back. what happened? >> well, the cost of tarp, you know, really relies on things like losing money on the auto bailout. in the end the taxpayers are not going to get paid money that goes out to the the housing programs. and we've actually hold 70% stake in aig. and so, ultimately profit or loss of tarp depends upon what we're able to get for that, swells our interest in over 400 banks. >> all right. and she's one of the folks that counts the tarp mess. the tarp mess continues, the trouble continues, the new inspector general for the financial ...

"superstition." you knew that, though. >> i know all that, soledad. >> he lives it, yes, he does. >> superstitious dude. >> we begin this northemorning iran. defense secretary leon panetta says there is a growing likelihood, quote, that israel will attack iran this spring and try to destroy its suspected nuclear program. israeli defense minister ehud barak said this, quoek, iran must be prevent fred becoming nuclear and no option should be taken off the table. let's get right to barbara starr this morning at the pentagon. good morning, barbara. >> good morning, soledad. a lot of chat...