i got it. countrywide was giving out mortgages like candy. i'm underwater in that home. i'm working and paying the mortgage. a lot of people will be in the position. they won't have the credit checks and they are going to get refied. >> exactly the way we got into this by ninja loans. this is foolish fiscal policy. if the person is making their mortgage why does the american taxpayer have to help them out at all? if they can't afford the house they need to do the short sale now. the more we hold off doom and gloom until it comes two or three years down the road the more we keep the system from selfcorrecting. the marketplace is smart, the government is usually stupid. megyn: on the other hand, leslie the reason the president has found himself in this position among others is he tried to help struggling home loaners and encouraged the banks to make all this lending possible. the banks held onto the dough. they tight end up the standards for lending, that's why the