They can't get enough money to replace their water heaters. Not luxury vacations, but basic things. They're losing their homes. 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, too, 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. (20:06–20:16)
CLAIM
Asserts that no effective program exists to help people restructure their mortgages by unlocking seized assets.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
