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In housing value since the peak. >> greta: people won't buy a house if they can't meet the mortgage name's why it is a bigger problem. >> let me interrupt because it is important. we've had all these mortgage modification programs from the bish and obama administration. -- from the bush and obama administration. if people don't have jobs or their incomes aren't rising it is difficult. >> greta: i know the republicans say we have to extend all the tax cuts for everybody, the democrats say no, it is all blah, blah, blah. the thing that enraged me is they won't talk to each other. it is safe to s...

Enormous spending free we have seen under president obama. now, the question of course, how did the president come up with the numbers to suggest that he isn't the big spender and the truth is, what they do, i went through this study closely, they omitted a lot of what happened in 2009, president obama's first year in office. that was convenient because of course that is when we had the $80 billion surplus plan, and the auto bailout and when we had the mortgage modification programs and "cash for clunkers" and they are taking $1 federal east table and saying do not look at that spending and if...