Congress leader Rahul Gandhi on Sunday condoled legendary singer Lata Mangeshkar s demise saying that her golden voice is immortal and will continue to echo in the hearts of her fans.
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targeted assistance to low and moderate income homeowners and renters, jon. jon: a couple of questions for you james. fannie and freddie, were they prime culprits in the housing crisis? and how did they end up in such bad financial straits? reporter: i think most observers would say no they weren t the prime culprits jon, the problem became a cute about five, six years ago when wall street banks, hedge funds and other institutions were covering mortgage based securities and eating into fannie and freddie s market share. fannie and freddie began chasing unworthy mortgage business and the capital reserves weren t deep enough to cover the ensuing losses. whether they ll merge in some new form, a reorganized form as new companies, whether they ll merge in their old form has yet to be seen. i would bet against fannie mae and freddie mac emerging from con s efr tiff ship without having fundamental changes to their corporate structure and
place in the world to do business and our debt can be brought under control. greta: everyone who runs for office right now is saying i m an outsider, i m different, i m interested in the united states in the american dream, i m interested in jobs i know all those things and we all want those. how do you implement? how do you move the united states senate forward on these issues? i can t do it by myself. i m hoping across america there are people running that believe in the same things and they ll be con s after the election cycle because it will be a successful platform to campaign on. we have to be held account able. republicans are just as guilty of this as democrats. republicans had majority and they didn t implement a balanced budget amendment like the spending constraints banning earmarks. that s why they lost the majority. i hope the republicans can retake the majority learn the lessons from their mistakes jn