This program is 29 minutes long
(White House: Diana Olick) The government’s new plan to help homeowners at risk of losing their homes reviewed; details given about the anger from homeowners not in trouble; blog comments quoted. [Center for Responsible Lending Julia GORDON- says we try to prevent the preventable foreclosures.] [University of Pennsylvania, Wharton School Susan WACHTER- says it will help the FHA, the overall market and the taxpayers.] [FHA commissioner David STEVENS- notes it will be cheaper to get the investor into an affordable loan.] [California homeowner Gaylene BUCK- comments.] The program for unemployed borrowers noted.
(Tucson: Lee Cowan) The political reunion of Senator John McCain with former Alaska Governor Sarah Palin to help his reelection campaign featured; scenes shown from Tucson. [McCAIN, PALIN - campaign.] [WOMAN, University of Arizona Barbara NORRANDER- comment on Palin.]
(New York: Richard Engel) The victory for Ayad al-Allawi over Prime Minister Nuri al-Maliki in Iraq’s parliamentary elections featured; scenes shown of celebrations in the street. The blast walls discussed.
(Washington: Lisa Myers) Skepticism about budget projections showing that the health care law will reduce the federal deficit examined; details given of claims about “creative accounting.” [President OBAMA – touts the reduction.] [Former US Comptroller General David WALKER- says the legislation will make our financial condition worse.] [Committee for a Responsible Federal Budget Maya MacGUINEAS- criticizes using money set aside for a new insurance program for something else.] [OMB director Peter ORSZAG- defends the projections.]
(London: Jim Maceda) The Vatican’s defense of Pope Benedict XVI’s role in a sex abuse scandal involving German priest Peter Hullermann featured; scenes shown of him meeting with the president of Guatemala and of victim Bernhard Rascha. [Vatican expert Phillip PULLELA- comments on what the Vatican should do.] [University of Notre Dame Scott APPLEBY- says the Church has to restore credibility.]
(Los Angeles: Mara Schiavocampo) The spike in produce prices featured; the increase for several items cited; details given of the impact of the weather and the earthquake in Chile. [Restaurant owner Ann GENTRY, SHOPPER, market owner Arnold ROBERTS - comment.] [Produce Marketing Assn. Bryan SILBERMANN- says it’s a once-in-a-decade situation.]
(Duluth, Minnesota: John Yang) Park State Bank president Dale Lewis’s offer of a building rent-free for 2 years in exchange for bringing in 6 new jobs to the neighborhood featured; statistics on vacant retail and office space cited. [LEWIS – says jobs is a great impetus to make something happen.] [Area Partnership for Economic Expansion Rob WEST- says a new business creates momentum.] [Neighborhood organizer Debbie Isabell NELSON- says we have people who will support whatever businesses come in.] [Bay West Inc. president Lon LARSON- explains what he could do with free rent.]