Detailed text transcripts for TV channel - MSNBC - 20130807:07:47:00
An enormous amount of what one could call the middle class is devoted to giving subsidies for homeownership. and kind of to get at the policy you need to get at the politics. and the politics on that are really nearly immovable. >> yeah. this is a huge fight that obama is picking and god help him in getting somebody on his side. it's true that there's a bipartisan bill introduced by robert corker that would eliminate fannie mae and freddie mac and the role is to guarantee mortgages so that people can have affordable mortgages. but the problem with that is if you eliminate fannie mae and freddi...