not sure that the political parties, and for that matter, the media, comprehend the magnitude of this problem. why is understanding the size of the problem so important? because, you realize immediately that the proposed solutions, if they worked perfectly, would do virtually nothing, given the scale of the problem. so they haven t even tried to solve. we ve gone from yes, we can, to actually, we re not even really going to try. > and zack, in the context of professor black s assessment, have you seen any housing plan, from any political leader, that addresses the scale of the problem or who would you even point us to as any agency who has even attempted to address it on a scale that actually exists? well, politically, nobody s interested in solving this problem. in order to solve problem, you have to force very large banks to recognize losses that are already on their books, that they ve buried with accounting