We bailed out Wall street, and yet there has not been an effective program that has been able to unlock those seized assets to help people restructure their mortgage. And that's Part of the President's proposal [is] to try to provide 4% mortgages for people to refinance their mortgages. Still trying to get at that problem. There's anger because of that. But it's not just the financial services sector that people are rebelling against. (20:16–20:25)
CLAIM
Asserts that the President's proposal includes offering 4% mortgages for refinancing.
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