to make ends meet and to keep their homes to talk about this is warren mosler founding partner of a.v.m. lp welcome there. so first want to ask you what the excuse me here. this new law does it empower homeowners and how so. well i'm not an expert on war but it doesn't go into effect i believe until january you know so unfortunately they're going to be in the same difficulties they've had ever since. thing went bad in two thousand and eight ok when it went. and what they're going to have to go through at the time i don't know i mean. maybe you can help me tell me what you know what you think it's actually going to do for somebody who's in a position. i think they had me here was because of the proposal i had on the table originally familiar with that tell us about that proposal. and it was read by james galbraith into the congressional record he testified in front of congress with it but nothing happened the proposal was. briefly that anyone who was going into foreclosure. would have the option of staying in their home as a renter at fair market values and the government the federal governm