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it is not enough to have voted for a new president if you will not help him gov earp and stick behind the members of congress who stood for him. >> straight ahead, a live report from the white house. >> big bus brawl. what sparked a shouting and shoving match at a favorite vacation spot. plus this. >> hi, i'm jim cantore with the weather channel. and we're in stow, vermont. yesterday you could enjoy the fall colors. today a winter wonderland. i'll give you a live report coming up. hi, good morning. i'm thomas roberts in for alex

witt. new today president obama back on the campaign trail just 17 days out from the midterm elections. he'll be lending support to governor deval patrick. former president clinton was alongside gubernatorial candidate jerry brown. he told college students it's all about the economy. >> these are jobs and the candidates have dramatically different ideas. one will lead you to a brighter future. the other one will lead you to a movie we have seen before. >> early voting begins in nevada this morning. the key race there pits harry reid against sharron angle. and christine o'donnell is trying to dig out from a deep hole in her senate race. a new report says that o'donnell has outraised democrat chris coons by a 2-1 margin. there is no let-up this morning in the political battles

playing out nationwitd. president obama was back on the attack in his weekly address. he was going after republicans on the economy as well as jobs. take a listen. >> when more things are made in america, more families make it in america. more jobs are created in america. more businesses thrive in america. the republicans in washington have consistently thought to keep these corporate loopholes open. >> savannah guthrie is co-host of "the daily rundown" here on msnbc. republicans have something to say. they're firing back at the president on that. >> they are. on a different tax issue, but no question taxes are very potent political issue this season. let's start with what the president said. you just played a portion of it. he's arguing that they should close some of these tax loopholeses that he says incentivizes companies to take jobs overseas. republicans don't support that bill. it was actually introduced in the senate last month. but even some democrats didn't

support it. the notion by republicans and some businesseses that if you close those tax loopholes, which is supposed to keep jobs from going overseas, you hurt the broader economy. the president says no, you close the loopholes, then you'll have more revenue. something he'd rather spend on making permanent the research experimentation tax write-off that allows businesses to write off equipment expenses for next year only. that's what that particular fight is about. the republicans were striking back in their own weekly address on this issue of whether to extend the so-called bush tax cuts for all taxpayers or just middle class taxpayers which is what the president wants to do. listen to what mike pence had to say. >> democrats in congress chose to leave washington to try and save their jobs without even allowing a vote to protect the jobs of millions of americans threatened by higher taxes. >> well, this continues to be a

pitched battle, both republicans and democrats are really in their corners on this issue of whether these tax cuts which are set to expire at the end of the year for everybody, which means everyone's taxes will go up unless congress acts. republicans are hitting democrats hard for not taking action on this one way or the other before going out to the recess before the election. democrats on the other hand, say, look, if you wanted to do what we want to do, which is pass this tax cut for 98% of americans we're ready to do that. today they say it's republicans holding out for the tax cut for the wealthiest of americans. this is a hot political issue right now, one that will continue. i think we'll not have it resolved until after election day. >> before we blet you go, the president continues his big campaign push. where is he going? >> today he'll be in massachusetts, which most people would think of as reliable democratic territory. deval patrick is in a tough race for re-election.

massachusetts is a blue state. there have been many republican governors. a tough battle there. tomorrow the president will hit ohio. he'll have first lady with him. they'll try to recapture some of the 2008 campaign magic in ohio tomorrow. >> teaming up, hitting the road. great to see you. thank you. >> thank you. decision 2010 on "meet the press." david gregory moderates a debate between michael bennet and his republican challenger ken buck. that's tomorrow on "meet the press" on nbc. a new document with classified materials from wikileaks released tomorrow night. nbc news has learned that a pentagon task force is in the process of reviewing 400,000 cla classified documents related to that conflict. i want to bring in retired army colonel jack jacobs. jack, how does this interfere with the milliitary strategy an

jeopardizing the security of troops abroad when we have those big document dumps taking place? >> it's bad news. it doesn't affect directly the individual soldier, airmen and marines either on the ground or in the air right away. their job is to protect each other, accomplish the mission on the ground and defend the united states. it doesn't have a direct impact on them, but it does have a big impact on how the higher levels of the military establishment in particular operate. if they think that whatever they're going to write, whatever they're going to say is going to be out on the net, it's going to severely restrict the kinds of things they're doing and the people they're talking to. so it does have a very big effect on what happens strategically. >> during the last document dump, afghanistan, there were 75,000 pages that were released. president obama went on to say this information really wasn't that overwhelming or anything new to anybody out there. do you think that this could be more of the same, this impending

one that we're hearing about, possibly coming out tomorrow night? >> i think mostly it will be more of the same. the real issue here is not what's in it. a lot is already known as the president has said. the real question is, how do you stop people from leaking secret other classified documents from a wide variety of places that there's a first amendment issue here, particularly with respect to wikileaks. they're arguing anything they get, they can put it out because of a first amendment issue. >> it will be interesting to see what comes out. they say they'll have this document dump coming out tomorrow night. we shall see. jack jacob, thank you. >> you're very welcome. most of the miners are out of the hospital now and are at home. there are still two miners who remain in the hospital. also today we are learning just how much the miners are looking for when it comes to selling their stories. kerry sanders joins us live from chile with this. what's the latest on the two men that are still in the hospital?

>> reporter: well, the good news is that they're in such good condition that they are probably going to be released today. but they're just being monitored. you know, the doctors say that they're kind of surprised that all the miners' eyes are acclimating to the sun a lot faster than they initially thought. what their real concern is is about their mental health. three days after the rescues that stunned a worldwide audience, almost all of the miners are finally at home. the 12th man out was one of the first to be released. while in the hospital he complained about the media attention. some are bothering my family, pena said. on friday pena sought out the cameras, claiming the miners' concerns about safety were ignored. the employer, pena said, always cares for his money. his money and then what happens with the worker, what happens with the worker?

no just go in. all 33 men are suing the owners of the mine and despite one report of fistfights underground, the miners appear to be closer than ever. agreeing one daughter said, to pool all their earnings from interviews, appearances, books and movie offers. and to divide them equally. the price for telling their story? $20 million. he spoke up in the miners' defense saying no one has suffered as they have. there's no amount of money for that. chile's health minister said most will need psychological supervision and possibly medication. >> we are prepared to stay with them and to work at least through the next six months supporting them. >> some of the men never expected to ever reach the

surface. in an interview with "the wall street journal," he said, we were waiting for death. we were wasting away. we were so skinny. i lost 26 pounds. i was afraid of not meeting my baby, who is on the way. in the hospital, jose enriquez looked to the future. i think i have to rest, he said. then take back my life. enriquez now has a contract to go back to work in another mine. but first, he's taking a vacation. and, of course, the free vacation offers are rolling in. the greek islands have offered a mediterranean vacation. spain and england have invited the men to watch them play ball. then one of the miners is a huge elvis fan. so graceland has invited him to come visit. and thomas, i don't know. how can you pass up a trip to graceland? >> i think it works out just

fine for all of these guys now. kerry sanders in chile for us. the fall's first nor'easter will continue to deliver rain and blustery conditions up the east coast. the storm won't be as powerful as on friday when it knocked out power to tense of thousands of new england residents. a tree in maine blew into a house as you can see there. winds from new jersey all the way up through new england. for more check in and say good morning to meteorologist bill karins. >> you could say we were fortunate that we had this storm in october rather than november or december because we'd have been talking about a huge snow event. this is mostly rain. the winds will crank, especially along the coastlines of maine, then yesterday up in the mountainous areas, that wind was combined with some snow. where is the storm now? it's finally leaving the gulf of maine. it is about to head over the canadian maritimes. the green on the map shows you where there's some rain. that's from bangor maine.

the only snow that's happening is up around greenville and the western mountains of maine. the ski resorts did pick up a little bit, but it will take them a while to open. we are seeing gusty winds all the way from d.c. all the way to new york city. 20 to 30-mile-per-hour winds. that won't cause any damage. mostly a nuisance for you outdoors. winds from hartford to boston where they're still gusting. we don't have significant power outages, but they were oppressive. the coast of maine up to 50-mile-per-hour winds there in portland. today the storm will be pushing out as we go through the day today. the rain is just about over with from burlington to portland. the rain is just about done in boston. your reward is a beautiful day. we still have peak foliage in many areas. temperatures in the 60s and 70s. this would be a picture perfect

fall weekend. the weather in the middle of the country, the southern half, the west coast, there's no big deal. so by the time we get to sunday, enjoy what is going to be a warm, beautiful day from atlanta, to dallas, all the way to kansas city and chicago. so tom a we're through the worst of it. the storm will slowly move out. then everyone enjoying getting their beautiful pumpkins and getting their costumes ready. >> it's coming up, bill. tea party politics. the candidates get a lot of attention, but will they get a lot of votes? pat buchanan weighs in coming up next. plus an early blast of winter. we'll bring you more about the winter wonderland that's taking place from the weather channel. [ female announcer ] when you save an average of over $450 a year

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so you won't be able to see the leaves changing in some parts of vermont because the trees are covered with snow. it's a winter wonderland in some higher elevations after a snowstorm on friday. jim cantore is live in stow,

vermont. but there are still leaves. a nice cornucopia of colors behind you. >> nice. nice word right there. >> you like that? >> yeah, i do. i'm impressed. you can see where a lot of these leaves have been blown off the trees. but it doesn't take many. you just kind of get in here and you can see the reds and the yellows. just absolutely gorgeous, especially when you have this nice undercoats of snow, which for the time being will hang around here. remember, the ground is still warm, so you're getting heating from the ground and it's actually melting the snow from underneath. we've been showing this all morning, this poor attempt at a snowman. this guy is definitely on the tilt. he's starting to lean, the gravity of being on the downhillside here is taking over. of course, there's so much water in this snow, probably about an inch of water for every three inches of snow. and it's definitely soupy out here today. we'll see how long he lasts. but the storm is pulling on out. we'll see things improve.

as bill was talking about, still plenty of leaves in southern new england that have not been stripped off the trees. a lot of good viewing still to come. >> excellent, jim cantore from the weather channel, appreciate it. when it comes to the tea party candidates, they have the attention of the nation, but do they have the votes to win it. that means come november far more people will be judging their positions. we want to bring in pat buchanan. he's a republican strategist and msnbc political analyst and with him is analyst peter fang. we've got christine o'donnell who juan with the backing of 5% of eligible voter, then sharron angle won with 4%. linda mcmahon won with 6% in connecticut and carl paladino with just 2% of the eligible votes in new york. for everybody out there, explain, does this really represent the mainstream republican party, what we're seeing here? >> it certainly represents in

those states, if you will, a dominant voice in the republican party. you left out rand paul and joe miller and others who have won. but let me say this. you mentioned sharron angle. she not only raised $13 million in the third quarter, she just had a debate with harry reid where it's generally conceded she beat him up rather badly. she's ahead by a couple of point, beating the majority leader of the united states senate. i think she's going to win. christine o'donnell is probably too far behind, but she had an outstanding debate. thomas, what these tea party people have going for them, at least many of them, is that they've been so beaten down and portrayed as neanderthals and all the rest, when they stup up in front of the camera and run a credible debate, people say, what's all this talk about? they're perfectly acceptable candidates. so they get a tremendous boost. >> but you have to say some of those lines that sharron angle put out there, they're pretty well rehearsed and she likes to avoid cameras to begin with.

nine tea party candidates stand a good chance of winning. are the democrats giving them really the credit that they deserve? >> well, i think there's a good news, bad news part of this, thomas. and, of course, pat hit on the good news for the republicans and that is that there's enthusiasm out there that folks are going to turn out and vote. they certainly did in the primaries. the bad news, as that one fellow in delaware said yesterday, flakes should be in a cereal box, not in the united states senate. and that is certainly the perception of someone like christine o'connell, debate n notwithstanding. the republicans would probably be in a better shape to take the senate had they had the candidates that they initially wanted in delaware, even in nevada, you know, other states, connecticut, obviously. there are seats that they're going to lose because the tea party. the other point i think just

quickly is that there are a lot of tea party candidate in the house ta are having real serious problems because they haven't been vetted. they have serious ethical problems, 400 lawsuits in the case of one candidate. that's going to make it kind of harder for some of these republicans to get elected in the general election. >> but thomas, let me say this. back in november, let me just take january 2009, barack obama was inaugurated. i was down on the mall. it was sensational. the democrats were going to control the country for the next decade if not two, the republicans were moribund and dead. what brought them alive? what gave them the fire and passion and intensity that may very well give them return of the control of the house of representatives in maybe eight, nine, ten senate seats? of course some of the tea party people bring disadvantage, but they bring enormous fire and energy. this is why the republican party's going to win in november? >> you think the tea parties are going to be the reason why? >> oh, yes, the energy and fire added to the republican base?

how else can they beat a party that remains larger than the republican party? >> i do think -- and, of course, pat would agree with this, too, i'm sure. that when you do have 9.6% unemployment and people are nervous and scared, that that plays very heavily into this. but pat's right in one sense, thomas. a lot of us came in that january, that inauguration. folks then and the pundits were all talking about how the democrats could be gaining senate seats this time. how we could be increasing the number of seats that we have in the house because of that momentum, because of that feeling. well, you know, the one thing about politics is that darn pendulum. not only does it go back and forth been but it goes way back and way forth lately. >> if democrats have control right now and we have the numbers that we have with the unemployment numbers arn the country, the problems we're seeing with the economy, do we think that the republicans will get in there and we'll have a democrat president and one house controlled by republicans and

that will move forward, that we will be able to get things done if we can't get them done over the last two years. >> whatever you say about barack obama, he got things done. i agree it's not the great society, it's not the new deal. he got health care, the stimulus package, financial reform, two justices on the supreme court. the problem is the country doesn't like what he did. now, you're going to bring in republicans who basically are committed to cutting government and they're up against a candidate who represents the party of government. so you've got a real, you know, potential for a real deadlock and a real battle, frankly even inside the republican party. >> peter, i just think we watched pat buchanan become a democrat on live tv. did we see that happen? >> i'll argue peter's case for him. >> pat and i could solve this problem if they just let us. >> i think we just made some history here. thank you for joining us. >> thank you. >> so the nation's top ten bull

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there's a new report this morning claiming u.s. officials knew about plans for the 2008 mumbai attacks long before they happened. the latest report says that federal agents were tipped off three years before the bombings occurred. we have more on this. give us the background on how long they knew. >> it was in 2005 that fbi agents had investigated a tip that an american man was training with an extremist group in pakistan. that group went on to carry out those attacks in india. the man was called david headley. the allegation came after his wife made a call to a terrorism tip line. there was apparently a domestic dispute and after that she called to report him. she met with investigators three times. according to "the washington post" she showed them audio

cassettes and written materials. she described i had e-mails and his calls to pakistan to individuals she thought were extremists. she said he'd been trained by lashkar-e-taiba, the group behind the attacks. they've refused to talk about the tip other than the fact that they did carry out an inquiry. we don't say what action was taken. we know that officials had warned indian officials several times about an attack in mumbai. this has raised questions with american intelligence ability to connect the dots. >> the chameleon that david headley was. >> he pleaded guilty in march to a dozen u.s. terrorism charges in connection with the mumbai attacks. in order to hide his pakistani muslim background so he could travel freely around the world, he changed his name from dahoud gilani and he used his

mother's name instead. his dad is a well known pakistani broadcaster, his mother is from a wealthy pakistani family. he returned to the u.s. at the age of 17. he got married, then divorced, then got involved in the criminal underworld. he's been arrested a few times for drugs as well as for smuggling heroin which is how he came on to the radar in first instance. he was arrested last october by the fbi and is apparently now becoming a treasure trove of information about al qaeda as well as lashkar-e-taiba. and the washington press refer to him as a prized informant. >> thank you. very intense moments on a disney shuttle bus after a shoving match broke out. another passenger took the video. what's more alarming is the passenger was holding his baby when the fight broke out. we have the details.

>> i was scared. i thought like somebody was going to get hurt. >> reporter: the smith sisters from phoenix couldn't believe what happened when they were waiting for a bus from hollywood studios tuesday night. they say this guest in the green shirt got mad when the driver told them the bus was full. >> he's holding his baby, he like pushes the baby to the bus driver. and the bus driver catches the baby and gives the baby back to the wife. >>y was waiting here first. then he let everyone pass through before us. >> reporter: she grabbed her camera as the fight got more physical. >> he like lunged at the bus driver. he's like came at his throat, it looked like the bus driver was trying to defend himself. >> reporter: stunded guests screamed for help. >> security, security! >> disney world security started coming over. it took them a while. >> reporter: disney said the driver is on paid leave while the case is reviewed.

>> people are tired. sometimes they're cranky. these drivers have to put up with a lot. >> reporter: law enforcement expert greenblatt thinks the men could have walked away from the fight but putting a baby in the middle could make it a crime. >> reporter: the smiths say the driver's union rep contacted them for the video to help defend the driver. >> are the guests always right or does the driver have rights? >> crazy story there. we shift gears now and go into politics and the countdown as we tick away to election day. the website, the daily beast is using a new tool this election cycle. the election oracle aims to predict the outcome of every race and track all the top issues that are swaying voters. i'm joined by daily beast reporter shoshana walsh. good to have you with us. we'll talk about the oracle. the site is saying that chris coons stands a 90% chance of

winning. how do you come up with that figure? >> it seems like a large percentage. but when you look at the gap in polling, we've averaged all the polls out there, there's still a 20% gap. coons is leading o'donnell by 40%. it would be hard for her to make that up. that's where we get that 90% likelihood of coons to win. >> that's a big one. >> right. >> harry reid versus sharron angle. this one is right down the middle. >> nevada is quite different. 50-50 in our prediction for the likelihood to win and in polling. so it's a dead heat and we're 18 d days out. so it could go either way at this point. >> so when we go and speak about california, you have jerry brown favored to win over meg whitman. >> but it is also still very tight. you see in the polling 53%. our likelihood to win jerry brown over meg whitman is 60-40, so it's still tight. and there are last days to make this up. she's poured $141 million of her

own money in. the highest self-funded campaign in history. >> and she's still a very wealthy woman. >> absolutely. a drop in the bucket. >> the percentage of error, margin of error is what, roughly? >> 0.5%. really some of these tighter races like reid and angle and also with brown and whitman, it's still very close. >> the overall prediction for the senate and the house? >> so we've predicted that the house will narrowly go the republicans and the senate, the democrats will hold on but also narrowly to the senate. so which is really a lot of the other polling out there, that the republicans will gain the house. >> and then top issues that are driving the race? job, jobs, jobs, or what? >> job, unemployment. but the war, immigration, the deficit. you see politicians out there talking jobs, job, job, but america has other issues that they're interested in. >> this is the first time the oracle has been used?

>> yes. >> are you excited about this? >> it's very exciting. we'll see very soon how correct it's been. but you look at the polling and the predictions, they do seem in a lot of the races seem the correct predictions. >> shoshana walsh from the daily beast, thanks so much. new this week the first openly gay city councilman in ft. worth texas made a tearful plea to end the bullying of all students. joe burns shared his experience that he was the victim of anti-gay slurs and harassment in high school. >> the number of suicides in recent days have upset me so much. they have just torn at my heart. and even though there may be some political repercussions for telling my story, this story is not just for the adults who might choose or not choose to support me. the story's for the young people who might be holding back guns

or the rope tore pill bottle. to those who are feeling they are alone tonight, please know that i understand how you feel. that things will get easier. please stick around to make those happy memories for yourself. >> that was burns at the city council meeting earlier this week. he spoke for 12 minutes citing smf o the recent cases of teen suicide. yesterday i spoke with joe burns. he explained why he decided to give that speech. >> monday of this week i got word of the society of a young man who had attended a city council meeting in norman, oklahoma, where anti-gay rhetoric was involved. and he left that meeting and subsequently killed himself. and i thought, you know what? if there is no better signal that i have not only the opportunity but a responsibility to take this up at my own city council meeting, that was certainly it. and it was something that i wrote, actually, that afternoon,

basically during lunch. so it was very raw and very immediate. it was for both the kids -- it was a two-fold message. it was for the kids who might be in a really dark place to remind them that things do get better. and it was for the adults or maybe even parents of kids to identify what was going on with their own children and enable their kids and empower their kids to stand up for this at their own schools or whether they're at a shopping mall or convenience store or fast food store where they see this, let those kids that are being picked on know that you're going to stick up for them. parents need to enable their kids to do just that. >> the reaction that you've gotten from people, from students in your area there in ft. worth? >> i've had multiple kids actually from around the world as far as australia, canada and other places who said that they were in a place this week where they were considering killing themselves and it's been a very emotional experience to get on the phone with those kids or correspond with them via e-mail.

12,000 e-mail in three days. >> video of the speech has gone viral generating over half a million different views on y youtube. kicked in the face by a stripper. now the legal battle over who is to blame is over. we bring you that story in our next hour. but first, a mish fwan mother has all three children one day, one year and one month apart. hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined.

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welcome back, everybody. organizers of the london olympics say they've come up with a ticket pricing plan that will put fans in the seats. rows of empty seats have been embarrassing to host cities of the last two summer games. organizers say 30% of the tickets will cost $32 or less. the most expensive seats will cost more than $3,000 apiece. but at least there's going to be something for everybody now, hopefully. a new study out of london says it has good news for nice guys out there. psychologists report that women are attracted to selfless men. women look for altruistic behavior in their mates because it suggests that they'll be better fathers. dr. varma joins us in studio to talk about this. for all the good guys out there, this is good news. altruism isn't a bad thing. >> absolutely. we'll find that more and more instead of just physical strength of intellectual prowess

that emotional intelligence will be the number one trait of the 21st century and altruism is a part of that. being able to understand what somebody else needs and wants and to give that to them is one of the most important traits not just in relationships but in the work world as well. >> there's a lot to be said about the guy who rushes in to save the damsel in distress. what does the study say about that? >> from an evolutionary perspective natural selection, survival of the fittest, is what will help you find a mate and procreating. we're finding in altruism, being able to give to somebody else is a very attractive trait just as much as physical strength of intellect might be. women love men who have a sense of humor who are witty and charming because it means they're more intelligent and have the ability to provide for the family. same way that altruism suggests that you'll take care of that family once you produce them. >> the myth that nice guys finish last is just a myth.

this has changed because society has evolved? >> i think so. but women are always going to like the bad boys. nice guys do finish last but they finish first sometimes as well. >> they like a little bit of the edge. >> exactly. >> there's a new study coming to us if stanford saying that falling in love can be a potent pain killer. a new romance causes the brain to release dopamine. is that something new or is that something we always thought. because we're in a good mood when we're in love. >> we've always known that. dope ma peen is responsible for the pleasure reward in the brain. dopamine can be an potent pain killer. you see people having chronic pain and depression is a lack of dopamine. so pain, depression, mood, emotions are all sort of linked together. >> does this mean that there's more research to be done about the brain controlling pain killing responses with lack of medicine? >> yes. and i think that this is one thing that we can use without

medication. medication has a powerful role in chronic pain but so can something like love and romance. it doesn't mean just because you're in a long-term committed relationship, there's no hope for you. you can do more exciting things with your partner to try to tap into the same benefit. >> love hurts, right? it can be good for you and hurt at the same time. >> thanks for having me. >> new worries about the foreclosure paperwork mess around the country. will it mean massive losses for banks. we'll explore that. and the most expensive iphone in the world. [ male announcer ] opportunity

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many americans are wondering when the housing market will turn around especially since a record number of homes went into foreclosure this summer. 288,000 homes were foreclosed on in the third quarter. it is expected to be fewer mortgage takeovers in the last quarter of the year as major lenders are being investigated after a foreclosure documents mess in all 50 states. it's alleged hundreds of thousands of foreclosures may have been rushed with legal documents never having been read. she's a consumer advocate for true media.com. good to have you with us this morning. >> thank you. >> we know this is a real mess, the banks and how they've been processing foreclosures, but this scandal has confused people with the terms flying around like robo-signing and the mers. can you explain to us regular people what's going on? >> sure, sure. actually, it looks like a number of these large banks had

employees called limited signing agents. their whole job was to verify that the foreclosures were justified and to review the files before signing off on foreclosure documents but they were being assigned to sign as many as 10,000 documents a month. based on the bulk, they simply didn't read them before they signed them. it is almost humanly impossible to ask one person to sign and review 10,000 documents a month. that's where the nickname robo-signing comes from. now on this mers issue, a number of these banks have been caught in court unable to prove that they actually own the homes that they foreclosed on because they were transferred digitally from bank to bank using the electronic registration systems which were popular during the subprime era. the end result is no one knows where the paperwork is that the borrowers originally signed. >> all 50 states are now opening their own investigation. why can't it just become a federal investigation? >> well, you know, it's

interesting. originally it looked like the federal government was just going to stand down and let the states handle it on their own really in the interests of getting these investigations wrapped up as quickly as possible and these foreclosure freezes lifted as quickly as possible. we do see that all 50 attorneys general have teamed up to launch this investigation under iowa attorney general tom miller, but we have seen the federal attorney general also come out and say that the department of justice is going to look into this. we also have seen the senate banking committee schedule a hearing on november 16th for right after the midterm elections. it does look like the federal government is going to get a little more involved than we thought originally. >> explain the scope of the current foreclosure freeze and what that means to the real estate industry. >> right. it's really kind of complicated to understand the individual freezes. so let's talk through those. bank of america has frozen all foreclosure sales and all evictions of foreclosed

homeowners from their homes in all 50 states. jpmorgan chase has a similar freeze but it only aploys to 41 states. allied financial gmac mortgage which was first bank to impose any sort of freeze came out in week and clarified they haven't frozen foreclosures at all, they've only frozen the eviction of foreclosed homes and resales of foreclosed homes. fannie mae did come out this week and say they're freezing all resales of bank-owned homes that they own that used to be bank of america. that will have a significant impact. in terms of the impact that this will have on the real estate market at large, that depends on how long the freezes will last. the banks say they will last 30 days. if that's the case, we won't expect to see it have much of a impact on the market but that's a big if, if that's the case. the one thing we're seeing already is that buyers are becoming hesitant to purchase bank owned properties because they don't know what risk or exposure they have of having their sale reversed later on. if the freezes drag out much

longer, though, we would expect to see several things. home prices will probably stabilize and maybe go up a bit. as we sue the supply of foreclosures sh frink the market. over the long term, delaying many of these foreclosures is really just delaying the inevitable and that's delaying the recovery of the housing market. i do have one other possibility that i'd like to inject here, though. if the attorneys general get some court-ordered freezes that last a long time, there's an opportunity for them to negotiate hard against the banks and leverage them into taking some meaningful action in terms of loan modifications and expediting short sale. there is an opportunity here to either see this mess snowball to crisis or see some solutions. >> turn it around business wise. thank you so much. >> thanks, thomas. >> they are back. the guys behind those wild and crazy stunts try to top the box office once again. >> what's up? >> not much.

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