ship broken loose from its moorings in an alabama shipyard. carnival said the triumph drift understood another cargo vessel and the ship s stern is damaged investors not looking timely on the news. carnival shares closed down 1.7%. even when they say it is a not it is always about money. melissa: we are starting tonight with president obama s new push for banks to make more mortgage loans to people with weaker credit. the president is hoping this will stimulate the economy but by just about all accounts the housing market actually seems to be recovering fine on its own. isn t this exactly the kind of lending that nearly sank our economy to begin with? here with more is steve moore, senior economics writer with the wall street journal we have real estate expert brendan simone. thanks so both of you for joining us. steve were you shocked when you read this and you felt like it was groundhog s day and you went back in time? melissa, it wasn t just me. everyone who read the
ship broken loose from its moorings in an alabama shipyard. carnival said the triumph drift understood another cargo vessel and the ship s stern is damaged investors not looking timely on the news. carnival shares closed down 1.7%. even when they say it is a not it is always about money. melissa: we are starting tonight with president obama s new push for banks to make more mortgage loans to people with weaker credit. the president is hoping this will stimulate the economy but by just about all accounts the housing market actually seems to be recovering fine on its own. isn t this exactly the kind of lending that nearly sank our economy to begin with? here with more is steve moore, senior economics writer with the wall street journal we have real estate expert brendan simone. thanks so both of you for joining us. steve were you shocked when you read this and you felt like it was groundhog s day and you went back in time? melissa, it wasn t just me. everyone who read the