To the Point
President Obama and the Home Mortgage Crisis
President Obama wants to stop foreclosures and slow the slide in home prices. Is that a good idea? Will $75 billion be enough to meet his objectives? Also, the nightmare in Detroit continues. On Reporter's Notebook, did Illinois' US Senator Roland Burris lie under oath?
President Obama wants $75 billion to help stop foreclosures and keep home prices from dropping further than they already have. How can homeowners qualify? Will the rescue plan be good for the economy? Also, the nightmare in Detroit continues. On Reporter's Notebook, the Chicago Tribune is calling for Roland Burris to resign from the US Senate. Minnesota still hasn't decided who won the November election.
Banner image: President Obama explains his plan to help homeowners and stabilize the housing market.