federalist ordered are to the rights cannot properly be protected unless they were written down first. on september 25, 1789, congress passed an amendment to the constitution. these amendments are known as the bill of rights. the first amendment rights. is his right to burn that flag in protest. of our country s first national document, the declaration of independence, spoke of unalienable rights given to america by our creator. our constitution says we are guaranteed freedom of religion, not freedom from religion. we are given our rights from god including life, liberty, and the pursuit of happiness. religion is one of the world s most recognized controversies. many countries still don t recognize certain religions. the first amendment grants the right of freedom of religion. this is my church. to fully understand the relationship between government and religion, my family took a trip to colorado springs revisited the united states air force academy cadet chapel, w
Transcripts For CSPAN2 U 20120410
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the heritage foundation this afternoon. as you noticed, we are somewhat back in the 1941 era with our music before hand. we would ask everyone in the house of you would make that last courtesy check that salles films have been turned off. it would be appreciated and of course we welcome internet questions for internet keywords simply e-mail ns at speaker@heritage award and we will post within 24 hours for your future reference. our guest today is craig shirley, president of shirley and the minister of public affairs same relations marketing firm whose written for the washington post, the los angeles times, the the washington times, conservative digest, the weekly standard and many other publications putative she previously authors reagan revolution the untold story of the campaign that started it all. there was the first book detailing his pivotal 1976 challenge president ford in the republican primary. and he also offered tha
bailout. it would encourage lenders fannie mae and freddie mac to reduce the principle ode on so-called underwater mort gauges. they will reduce the actual principal owed on the loans. but it could cost taxpayers billions of dollars. peter barnes is tracking this story. he s going to walk us through the proposal. the government regulator of fannie and freddie is expected to announce that the mortgage giants will allow limited principal deductions to some homeowners to give them a break on their monthly payment but it looks like this will be backed by the taxpayers. edward demarco has resisted allowing debt forgiveness to limit taxpayer billouts. they have gotten $180 billion so
in their homes but we ve learned that not very many of them will qualify according to sources, and taxpayers will be funding those that do. the government regulator of fannie mae and freddie mac is expected to announce as early as tomorrow that the mortgage giants will start allowing limited principal reduction, debt forgiveness, to some homeowners who are under water on their loans. edward demarco, acting administrator of the federal housing finance addings managers, he has resisted allowing debt forgiveness on loans held or insured by freddie and fanny to limit taxpayer bailouts. so far taxpayers have invested more than $180 billion in them. but tomorrow, industry sources say demarco could announce that he will let fannie and freddie participate for the first time in a treasury department program to reduce mortgage debt. it s funded by more than $20 billion in bank bailout money, taxpayer money left over from that t.a.r.p.
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