Homeownership and the Fading American Dream

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The American dream of homeownership is in big trouble, and the Obama Administration's efforts to help struggling homeowners are not working out. We hear what's going wrong and what it could mean for the future. Also, Also, an alleged Iranian assassination plot is drawing skepticism, and Pennsylvania's capital city declares bankruptcy. What's happening to American towns and cities?

Banner image: Brandie and Dan Barbiere sift through their household possesions after their home was foreclosed upon on October 5, 2011 in Miliken, Colorado. Photo by John Moore/Getty Images