made it actually a whole lot worse. here s the thing. the flood gates are going to open up. last year you had the robo signing thing, that put a halt to foreclosure activity. on behalf of the banks, so the banks were frozen and now you re suggesting suggesting a 25 billion-dollar deal with the government which was so bogus, part is going to bail out states that was a that was just a bogus thing. it does allow banks to step up the foreclosure process, and i think they are going to do it. but li tell you what, and it might seem mean spirited to some, especially the way the president presents it seems mean spirited but to allow the housing market to go wherever it has to go, to reach the natural bam it s seeking sooner rather than later is the right thing to do and it s going to happen. the good news, it will probably happen over the course of the next year. the bad news is the smoke is going to be smoldering for years. bill you got to clear out the pwr-rb before you can build
charlotte, north carolina. the biggest rally taking place last night in sanford, florida. let s look at these image, a mass of people gathering not far from where trayvon martin was shot dead from george zimmerman february 26th, the gathering taking place hours after sanford s police chief temporarily stepped aside but did not step down. the governor of florida has assigned a new special prosecutor to this case as trayvon s parents again call for zimmerman s arrest. i stand before you today not knowing how i m walking right now, because my heart hurt for my son. trayvon is my son. trayvon is your son. just like to thank every one of you all for just showing us the love, the support, signing the petitions, and making sure that george zimmerman pay for what he did to your son. richard land is the president of the southern baptist conventions ethics and religious liberties commission. thank you for joining us this morning. you bet, glad to be with you. let me ask you y
we ll check in with you again. thanks so much. meanwhile, 27 minutes before the top of the hour. i ll take my own shot, alisyn. senate majority leader harry reid joining a chorus of democrats for eric holder to step aside because of a fast & furious scandal last night. he said he still has full confidence in him. nancy pelosi and debbie wasserman-schultz backs holder. new figures show foreclosure activity shot up last month in 26 states as banks tackled a backlog of homes with unpaid mortgages. the increases were in states where the courts supervised the foreclosure process. realty track says the 24 states that do not oversee the process actually saw a decline. the pace is picking up after a $25 billion settlement with the mortgage industry about foreclosure abuses. they are calling it a disgrace to old glory. it s an american flag. but the stars have been replaced
polls. economic conditions vary greatly from state to state. let s take a look at a few. vermont s unemployment rate is at 5.1%. that is much lower than the 8.3% national average. in january, only one in about 21,000 homes in vermont were in the foreclosure process. a very different picture in ohio. unemployment much higher there, 8.1%, though lower than the national average. 1 in 616 homes is in foreclosure in ohio. in georgia, it s seen some of the worst numbers. unemployment there, 9.7%. higher than the national average. 1 in 328 homes are in the foreclosure process in georgia. cnn s chief national correspondent john king joins us now. as if john king needs an introduction to anybody who watches tv. john, as we just pointed out, we just pointed out three states. every state has a different economy. so what economic issues are going to be the most important both in super tuesday and in the election? ali, you make a very critical point going state by state because we often
creating a lot of misery this morning, and the governor has declared a state of emergency in one state. it was indeed a big night, but that was so yesterday. next stop, super tuesday. mitt romney may have had a sweep, but you know what, in one week it is the big show, the biggest night of primary season. and it was a close one in his home state. so what? michigan s a win, right? win s a win. but what s up next? and the accused teenage gunman in the ohio school ram pain facing a judge this morning. he could be tried as an adult. we are hearing also the desperate 911 calls from inside the school. we are going to share those with you this morning. and one cruise ship hits the ground and topples over. another cruise ship loses all power and is set adrift in pirate infested seas. is it a good idea to even embark on a cruise these days? washington may have some help and some answers for you. we ll let you know why that is. and we begin this morning with breaking news. the sea