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Than 8 million recalls worldwide. the recalls in china pretty small but total car sales in china soaring last year, taking over the top spot from the united states. i'm gregg jarrett and now back to bulls and bears. for all your headlines log on o to fox news.com. we'll see you in 30 minutes. s a plan to ban all home foreclosures until a government agency, not a bank, gives the okay. gary b, you say this won't only create a bigger housing nightmare, it will create more dead beats in america. huh? >> exactly, brenda. it helps no one, it hurts everyone. here is the reason. freddie mac itself say...

Smaller ones have struck that area. the quake shaking buildings, causing blackouts in parts of the capitol of santiago, buildings collapsed. we are going to be following this story throughout the day. so please stay with fox news channel for the very latest on this developing story. the white house is mulling a plan to ban all home foreclosures until a government agency, not a bank, gives the okay. gary b, you say this won't only create a bigger housing nightmare, it will create more dead beats in america. huh? >> exactly, brenda. it helps no one, it hurts everyone. here is the reason. fredd...