$170 billion this time. this will be the second time the country gets a huge chunk of change from europe, and they re not doing it out of generosity. they re doing it once again because of the worry of what might happen globally. greece also negotiating $100 billion writedown with private creditors. so this is something really to watch. it s interesting, though, that the tone has changed. it used to be that greece can t fail, otherwise it s going to be a disaster. now they re saying well, maybe greece can fail, europe will survive but it s of course the question of what price for europe, at what price for the globe. it s pretty clear if greece does go out of the zuro zone people in peoria are probably going to feel the pinch. megyn. megyn: greg burg, thank you. everyone from the pentagon chief to the national security adviser are saying that israel cannot attack iran or should not attack iran. two of our top military contributors respectfully say quite the opposite. that the time to
industry instead of fixing the problem. megyn: this guy, edar demarco, direct, of an independent agency in charge ofover seeing fanny and freddie says this is a bad idea, i don t want to do this because i think it s going to cost the taxpayers money and now a growing group of democrats is calling for that guy to step down, they see him and this independent group as an impediment to the writedown of the mortgage, what say new. fanny and freddie have been complicit in creating the problem, i know that brad and myth roamny would rather 10 million people go into foreclosure and lose their homes than this administration stepping forward as they ve done come on, dick. we want people to be responsible. we want people to be responsible. be responsible, yes. that s like saying if you saw kids wandering down the street and didn t have shoes on, they need to be responsible. these folks didn t get into this mess because of themselves. they got it because we had an ov avorititious group
of people that megyn: i the reason i m laughing president obama mig mig the reason i m laughing, i told the viewers, i m one of the underwater homeowners, and nobody made me do it, the mortgage broker said this is a weird little mortgage, this is how it s working and i said i ll take the risk, i m buying peak of the market, they had worked out some deal that lets me pay less anmonthly payment, if the market crashes i m stuck holding the bag and i am. now, the question is, brad, if there s a moral what s arksd if the government bails me out, but not somebody else, and so on, and should they be in the position of deciding who gets the writedown on the mortgage and who doesn t? well, this whole administration, megyn, whether it s in health care, granting 3000 waivers to people, and there s no such thing as equal protection anymore under the law, under the obama white house, because if you re friends with them like solyndra, you get a pass, $500 billion f. you re a friend on
receiving end. most of it is not cash. it will be a writedown to principal. those homeowners who are under water, some of them will be receiving a writedown on their mortgages. there will be another few billion dollars that will go to people who were foreclosed in the last few years with incorrect documentation. there is no allegation they were improperly foreclosed upon but just that the documentation is incorrect. megyn: there are millions of americans who are underwater on their mortgages. how do they decide who is going to get a check? i m under water on my mortgage, am i going to get a check? if your loan is parts of fannie mae and freddie mac you will not be part of this settlement. this is private slaibl securities. they are generally the larger loans. or the sub prime loans with the strange resets and things of
international journalists. russian s foreign minister is in syria trying to keep it from being the latest arab government to fall. many world leaders say moscow is ignoring the slaughter of civilians. ivan watson is in istanbul, turkey, covering this for us. is there any optimism that russia can rein in this violence? reporter: that s a big question. the russian foreign minister definitely got a hero s welcome as he arrived in damascus. he seemed to be one of the biggest allies and friends of president bashar al-assad right now. the russian line has been that the western governments have not been putting enough pressure on the opposition groups to stop violence as well. if you want to know how wide the differentiation is between the two sides in syria, just about 100 miles away the artillery shells continue to rain on the opposition held city of homs where hundreds of civilians are believed to have died in just the past couple of days, kyra. now you re also seeing a growi