especially in the higher elevations go into effect later on tonight and then into tomorrow as well. but you can see that the advisories are now starting to taper off and come to an end in the northeast, but they are in effect further to the south for is next round that is going to come in, still in place through the midwest and into the great lakes as they are starting to see that next batch of moisture moving across that area. again that will be winding down and we ll start to focus tomorrow on the pacific northwest where in the higher elevations we are expecting heavier snows there. you can see significant snows out of this storm already and ice in michigan as well. back to you. jon: i think most of us have had enough of winter. reporter: just about done. jon: thank you. jenna: back overseas now, new important on new iranian warships about to pass through the suez canal. iran hours away from sending its navy into the mediterranean. that will be the first time they ve done this sinc
charter. reporter: fannie and freddie remain virtually the only source of mortgage capital in the american system. jon. jon: james rosen in washington. thanks, james. jenna: we all know this. don t drink and drive. it s also wise to follow this advice, don t drink, drive, crash into a liquor store and try to grab a beer after you crash. it actually happened and it was caught on video. you can take a look at it. this suv is knocking in the glass front doors of the liquor store. the driver gets out tries to reach into the store to grab some beers. there he is kind of quitting out of his car. unfortunately or maybe fortunately his arm isn t long enough to actually grab some beer so he gets back into his car, and then he leaves. a police officer who heard the shattering glass pulled him over a short distance away, luckily got him off the road. get this. police say the man on your screen there is a doctor, this is his second dui offense. we re showing you this video because no one got hur
yep, that s exactly right. we ve done some interest additional work for urban ministries of durham. i found a lot of traditional work focuses making you feel bad for people in these situations which is effective but at the same time it sets up us versus them kind of dynamic. what we wanted to do with spent was give people the sensation really seeing for themselves what it s like to be in these situations and how tough the decisions that people have to make really are and give them a really first-person understanding what it is like to live on the edge. jon: but, patrice, don t most people go to online game sites to have some fun and just kind of relax and forget about their troubles? if you re going to a game site and get depressed because you lose your house or lose our job or whatever, are you going to be able to pull in an audience that way? actually over the past week, since the game came out we ve had a great response. we ve had over 200,000
cannot negotiate simply with your friends, and so there have been some efforts to reach out to the taliban to try and find out which parts of the taliban are rec con sighable. particular a listen to secretary of state hillary clinton in a speech she gave to the asia foundation on friday. now i know that reconciling with an adversary that can be as brutal as the taliban sounds distaste full, even unemergenciable, and diplomacy would be a lot easier if we only had to talk to our friend. but that is not how one makes peace. president reagan understood that when he sat down with the soviets. reporter: i m told however from u.s. officials, u.s. defense officials that there has not been a lot of progress made in talking to the taliban. the reports come every so often. , it s not clear that they are making progress. jon. jon: thanks. jenna: major drama playing out right now in wisconsin, tens of
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