politically what you re asking i would argue is completely impossibility. you re asking for those who arguably made the right decisions with their finances, or marble got lucky in their market timing will have to bail out those that did not, because ultimately the banks fannie and freddie are exposed to the write-down. so using having them cut, i don t know, by 20% vanish tomorrow, 20% of all this overextended home mortgage debt goes away, you have the bleak spot that has to move somewhere else. i understand in theory, but seriously 2340 one in congress is ever going to take that you seriously. congress did, when they bailed out the bankers in wall street. those whose folks whose net worth were entirely saved. you mentioned t.a.r.p. t.a.r.p. was a loan, an extension of money, this got preferred stock, they got it back. the u.s. government you know, there s no question
with the 8 that exist now. and, in tennessee, the search is on for holly bobo, who was last seen wednesday walking into the woods with and in known man and hundreds of volunteers are taking part in the search. gregg: like it or not, hanging over your head tomorrow is the deadline to file your income taxes. yesterday, with the help of our sister publication the wall street journal we looked at the most outrageous things the irs taxes us for, and, so, fair and balanced now, let us look at some outrageous deductions, why taxpayers get a break and others do not and here now to explain, brenda buttner, fox news senior business correspondent and anchor of bulls & bears. always great to see you. number one, exemption for forgiven home mortgage debt. you buy a house and, you default and normally the forgiven mortgage that would be it would be taxable but not