Detailed text transcripts for TV channel - FOXNEWS - 20100228:19:15:00
>> yes, it's a silly idea at root because excess inventory we have is the biggest thing preventing the market from clearing, preventing the real estate market from recovering. until the market clears, you get run up recovery. this kind of policy wouldn't help that in the slightest. >> your blood pressure is back down. toby, you go ahead. >> this is always the rule of trying to do well for people and actually hurting people. so in a couple ways. number one, when someone takes over that home that shouldn't foreclose, according to the real estate association, they spend $8,500 on new stuff. nobod...