Temporary exhibit. Deliverance america and the famine and soviet russia 192123 please take time after the talk to do so. It tells the story of how Herbert Hoover and the American Relief administration. Fed more than 10 Million People on a daily basis. During one of russias worst famines we also welcome speech cspan. Who are recording todays event for later broadcast . These programs would not be possible. Without the support of the hoover president ial foundation who are in the midst of raising 20 Million Dollars for a complete renovation of our permanent galleries . To learn more about the project. And how to become a member visit their membership table in the lobby. We are also grateful for the support of diamond v. As many of you know, they are a Global Nutrition and Health Company and nearby cedar rapids. Annette dunlap has been a north carolinabased freelance writer for more than 30 years. Among her many books are the only fulllength biographies of first Lady Frances Folsom Clevel
My name is tom schwartz director of the Herbert Hoover president ial library museum. Before i introduce todays author a few housekeeping matters. If youve not seen our new temporary exhibit. Deliverance america and the famine and soviet russia 192123 please take time after the talk to do so. It tells the story of how Herbert Hoover and the American Relief administration. Fed more than 10 Million People on a daily basis. During one of russias worst famines we also welcome speech cspan. Who are recording todays event for later broadcast . These programs would not be possible. Without the support of the hoover president ial foundation who are in the midst of raising 20 Million Dollars for a complete renovation of our permanent galleries . To learn more about the project. And how to become a member visit their membership table in the lobby. We are also grateful for the support of diamond v. As many of you know, they are a Global Nutrition and Health Company and nearby cedar rapids. Annette
This discussion is an hour and a half. The Vice President for Economic Policy here, and thank you all for coming. Its an interesting time for the Housing Market. We could have said that anytime in the last five years but things are changing a bit, after more than five years of decline, markets around the country seem to be doing somewhat better. Home prices are going up. And foreclosures are at a fiveyear low. On the other hand, were still suffering from a serious overhang from the crisis. More than four million households have lost their homes through foreclosure. This is, of course, been very bat for families and communities and bad for state and local budgets. On top of that. Home price declines wiped out roughly 7 trillion in household wealth. And left more than 10 million families underwater on their mortgages. In particularly hearterrity communities lice leaves more than half the home owners are underwater and many by half of their homes value. This is creating significant proble
Thank you for coming. It is an interesting time for the Housing Market. I guess we could have said that any time in the last five years are so. Things are changing a bit. After more than five years of declining markets, we seem to be doing somewhat better. Home prices are going up. Foreclosures are at a fiveyear low. On the other hand, we are still suffering from a serious overhang from the crisis. More than 4 million households have lost their homes through foreclosure. This has been bad for families, communities, state and local budgets. Home price declines wiped out roughly 7 trillion in household wealth, left more than 10 million families under water, and away more than their homes are worth. Hardhit communities such as las vegas in san bernadine know, more than half are under water. This is creating some significant problems. The air at a much greater risk of a foreclosure de are at a much greater risk of foreclosure. The borrower has no other commission to fall back on here. We w
Done in nine days, and i was assured they can do the same this time. It doesnt look to be contentious. Both committees, house and senate, trying to keep it as a noncontroversial thing, coming to the end of the session here, so they need to move quickly. Will they will able to do it before the end of the year . Absolutely. We thank you for your time. My pleasure. Panelists supported the use of tbil buster stating its a powerful tool frequently use the by both parties to block or delay . As action on a bill. This is about an hour and 15 minutes. We, of course, welcome on each occasion those who join us on the heritage. Org website, and we ask everyone in house to check cell phones are off as a curtesy to the speakers, and we will, of course, post the Program Within 24 hours on the heritage home page. Those listening online are welcome at any time to send comments or questioning us, email us, and hosting the discussion this afternoon is mike frank, the Vice President for government studie