CAVUTO- "CONGRESSMAN YOO RECEIVE A $500 DONATION FROM A WHITE SUPREMIST, WHAT WILL YOU DO WITH THE MONEY" ? PAUL - "IT ALREADY SPENT, WHY SHOULD I GIVE IT BACK TO HIM SO HE CAN DO BAD THINGS WITH THE MONEY"? HOW ABOUT THE MILITARY INDUSTRIAL COMPLEX THAT DONATES MILLIONS" ?
Andrew Jakabovics of the Center for American Progress tells CNN's Lou Dobbs Tonight that according to a recent CAP study, 38% of new home loans are underwater -- in other words, the mortgages are worth more than the houses. Dobbs' commentary after the report skewers the Bush administration's response to the housing crisis.