A postelection trial in the Georgia Elections case, and that could actually happen. Well have expert legal analysis for you straight ahead. Meanwhile, a codefendant in that case is taking a different approach. Well explain the strategy for trumps former Chief Of Staff, mark meadows. Meanwhile, President Joe Biden was on the road yesterday talking about everything but the latest indictment for his predecessor. Well show you what he was focused on instead. Good morning and welcome to Way Too Early on this wednesday, august 16th. Im jonathan lemire. Thanks for starting your day with us. The clock has begun on the tenday windowt that former President Trump and his 18 codefendants have to voluntarily turn themselves in. Fulton County District attorney fani willis announced a sweeping Election Interference indictment on monday night and gave everyone charged until august 25th to surrender to authorities. If and when they appear theyll do so at the Fulton County jail in atlanta for potential
only marginally so. 0.10% of. for the technical analysts out there some people are noting the s&p 500 fell below it s 50-day moving average for the first time since march, so it is kind of a negative signal. looking ahead to today we re going to get more clues on the health of the consumer. we get more results out of target and tjx companies reporting before the bell. and elsewhere we get the industrial production data and capacity utilization, so still a lot more to watch out for today. so this one raised a few eyebrows for folks. the ambassador who became famous and the profile you can see correctly predicted the collapse of the housing market back in 2008. he s now seemingly again betting against wall street. tell us about that. yeah, that s right. it got a few headlines this week. these 13f filings show the fund
they re wealthy and their wagers are growing and middle class is not. right. jenna: why isn t that happening? the point of the article saying that the rich are getting richer and trickle down impact is not getting that. with all respect to the new york times, i have a lot of friend there. we had five years of obama-nomics which is hardly trickle-down economics. that is the opposite. taxes heaped on regulations. that gap between rich and poor has grown. middle class people have been getting screwed. if you think about it, what do middle class people put money in? a lot are not not stock market. they put it in the housing market. the housing market is very much related to the overall economy. housing prices have bounced off the bottom but not much. so middle class people are getting squeezed in this economy quite frankly is the president s economy. this is no longer george bush s economy. it stopped being his economy two years into it. the policies he needed to get the housing mark
the housing meltdown took down with it countless homeowners. in fact i m probably talk about many of you. today federal and state officials announced a $26 billion foreclosure settlement aimed at righting some of the wrong. the settlement was made with five of the nation s largest home lenders. let s bring ali velshi. what will this mean for homeowners? citi group, bank of america, wells fargo and it s $26 billion and it s going to spread out the pot this way. first of all no more robo signing home foreclosure. if you were foreclosed on you may get $2,000. if your home is underwater you could get an average of $20,000 in principal reductions as long as your loan is not with fannie or freddie or backed by them. these are private loans. the lenders get immunity from future state claims. they don t get immunity from criminal investigations. homeowners can still pursue claims against the banks even if they take either the $2000 or the $20,000 in reduction. and states still ha
time in three years. the state s housing market tries to rebound after the housing crash. the medium price for a home in place under $120,000. that is down 53% from the peak of the housing market back in 2006. they have really suffered down there when it comes to housing. and keep it right here, folks, on fox news, coverage of the florida primary throughout the day, and then our special coverage kicks off tonight at 6:00pm eastern with special report, that show mr. hume used to host, now my friend bret baier hosts it. shep will be on and we will be live as the polls close in florida. fox news is america s election headquarters. we hope you spend the evening with us. this is fox news alert, we are expecting a white house briefing to begin any moment now. we expect to get reaction on the new congressional budget office report just released this morning. the numbers are disturbing. this report predicts a $1.1 trillion budget deficit this year. it is the fourth straight