police arrest otto coleman on multiple charges, including assault. he's not arrested for drunk driving. he was sentenced and convicted to 12 and a half years in prison. however, they discover that the 64-year-old has an extensive criminal record, including a previous attack on a police officer. authorities discover that the good samaritan who came to officer seiter's rescue is 29-year-old angela pierce. pierce is en route to a birthday party when she spots the fight. >> she, obviously, acted out of instinct. what she did, to me was heroic because not many people would get involved. >> since the incident, angela pierce receives a humanitarian award for her bravery and even has a facebook fan page dedicated to her. but her biggest fan remains officer jonathan seiter. >> we have been in contact since and i'm thankful that she was there. my wife is thankful that she was there. i've been blessed to still be here to be talking to you today. >>> coming up -- police find themselves in an explosive situation. >> oh, my god. if there's somebody in that car. >>

i also want to acknowledge here and coleman advocates and many of the youth commissioners and otherscated for this equitable use of funds to support the almost 2,000 students that are in our high schools as juniors that may be on track to fail, and not to gain their high school diplomas without this support from the city. it is a crisis in three semesters that we have to really support these students. that's why i saylçt!td like supr kim said it's about equity and support this effort. so i really applaud supervisor kim but it's the youth movements and coleman advocates and others that have led from the campaign for the a-g requirements to support high school students to be able to have opportunities for college and higher education. african-american, latino and english-languageojsqy lerner advocates in pushing for this as an equitable and just measure. everyone else that has worked on this. >> president chiu: supervisor chu. supplemental value i wanted was correct. you're looking at 2.7 supplemental reducing it to 2 2.205. it looks like the source of funding you're suggesting is 4.41

i also want to acknowledge here and coleman advocates and many of the youth commissioners and othersfor this equitable use of funds to support the almost 2,000 students that are in our high schools as juniors that may be on track to fail, and not to gain their high school diplomas without this support from the city. it is a crisis in three semesters that we have to really support these students. that's why i saylçt!td like supr kim said it's about equity and support this effort. so i really applaud supervisor kim but it's the youth movements and coleman advocates and others that have led from the campaign for the

is this will coleman?from minnesota who runs for president. >> walter mondale. i've got a lovely mlk funeral home fans using capitol hell. >> i didn't hear an absolute for sure no, how much of the book is real about the stuff that you describe is real or at least based on a lot of real isn't it. >> we like to say a good girl never kisses and tells but we will see we both worked on the hill for a number of years and had tons of friends who did the same so we picked and pulled a bunch of different stories. >> what is the most important thing you learned about capitol hill that you did not know when you got there? >> for me number one which i think will come in handy is always wear flats when walking because the high heels get stuck in the sidewalks. >> the devil wears prada, that place has no fashion whatsoever. come on seriously it has none, khaki pants, blue blazers. >> we tried to bring in pink and funky funk color. >> alison was the only one on the hill hot. >> here is a quote from the book, there's a st

dupont's ceo ellen coleman joins me.tay with us. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> welcome back. not a bad day on wall street. investors encouraged by all the fiscal cliff talk they had. highlights of the day. >> hi, maria. it was a little bit gloomy and a little bit surreal here in washington. let me bring you the gloomy part as comments from republican and democratic leaders seemed to indicate that we're maybe nowheresville in terms of negotiations on a fiscal cliff deal. take a listen. >> until we hear something from the republicans there's nothing to drafrt, so we can get things done quickly. i think it's going to be

." >>> coming up next it's "game on overtime" presented by jim coleman infiniti. after six straight victories it all comes down to this. >> unbelievable. >> redskins-cowboys, winner takes all. >> we want to control our own destiny. >> can the skins punch their ticket for the first time in seven years? whose star will shine brightest in prime time? game on o.t. starts right now. >> morris exploits a hole, there he goes. morris to the end zone, touchdown! >> what an exciting night. good evening, everyone. we appreciate you staying up with us for a jam packed "game on overtime," a redskins jam packed, that's for sure. who would have thought seven weeks ago that a 3-6 redskins team would be the nfc east champs playing their first home playoff game since 1999. let's check out how it all played out tonight. for the second straight week, redskins' quarterback rgiii sporting the knee brace for that sprained knee. on the first drive the skins' offense looked out of sorts. josh morgan, the drop on 3rd down. the burgundy and goldman acknowledge just two yards. they're forced

coleman, katie, great to have you here. >> it's nice to be there. >> jamie: what is that anniversary,day, mean to you? >> well, the fact that it's 40 years since apollo 17, in some ways, it seems like such a big number and yet, i think that what we've done in the meantime is just simply amazing and to think back this is the last time that we had people that walked on the moon, whatever we had one of these anniversaries, i call a friend of mine, andy tinken, wrote "a man on the moon", what were they thinking, what was it like for them. what kind of a mission. apparently apollo 17 broke all the records, it was the longest mission and they brought back the most lunar samples and longest time in lunar orbit and simply amazing mission and so, you know, in early december here in 2012 to celebrate 40 years, it makes me really proud of what i do today. >> and you are still doing it. you're very, very involved with the program, and is the glass half full or half empty, as far as the future of space exploration? >> well, i'm a glass, a glassful kind of person, and i think that is the kind of pe

this section of coleman road in san jose was covered with several inches of rain. just one of many flooded areas in the south bay. and here on highway 87 a motorist was stranded as rain came down in sheets. >> i see pretty much accidents on the freeway right now. so i have to drive slow. i don't know. people don't know how to handle it. they drive too fast. >> reporter: while strip mall parking lots look more like muddy holes, this swollen creek turned into a retreat for birds including the great blue heron. cal took photos and enjoyed the solitude on the bike path, a nice break from the storm's impact on his home. >> we live if campbell and we've had quite a bit of water on the property and trees coming down. not coming down. branches banging against the house, that kind of stuff. >> reporter: a reminder to prepare now while you are have a chance so you don't need emergency assistance this weekend. >> now let's check in with sheryl herd with the situation in the north bay. sheryl in. >> reporter: the north bay still has a lot ofoutages, but, wow, what a difference

coleman is the proud mother to two daughters and a son, lisa, tanya, and jimmy. the proud grandmother to six grandchildren, and two great grandchildren. i ask that my colleagues join me today to honor miss carolyn coleman for her dedicated service to working men and women. i join with many others who have been blessed to have worked beside her and have benefited from her labors to wish her many more years of health, happiness, and productive service to our community. thank you. the speaker pro tempore: the gentleman yields. pursuant to clause 12-a of rule 1, the chair declares the house in recess until 1.2 trillion dollars in revenues. we all know that every income tax is going to pay higher rates come january the first unless congress acts. many to pack as many taxpayers as we can. affectn b would taxpayers who make $1 million or less. i hope we can reach an agreement that would reduce spending. i think it would be better for our country and having a backup plan and moving down that path is the course of action for us. >> good morning. i think all four hearts an

robert coleman. that front coming through this morning. temperatures dropping from the 60s to the 50s to the 40s through the day. in parkville and in annapolis, a healthy chop here on the southern river from that wind whipping down the water there in the state capital. let's show you our holiday shop. slice in a tree from nancy. thank you, you can see slice right here kelly and jamie. you know cats and their love of christmas lights and christmas trees. you got to love them. any way, excuse me. i get choked up. the numbers are getting colder and colder. yeah i know. it's something going on jamie. no i'm not allergic to cats. but i do love dogs though. let me take a look. winds are cooling us down. temperatures are dropping. you know the deal. the windchill factor now in the 20s out there. and neighborhood by neighborhood let's take a look at the city tomorrow. terms of high temperatures can probably get to about the mid- 40s and that's it. much of the morning in the 30s after a start in the 20s. that is going to be cold. and even colder to

for burglars in the area this, all started with a report of a burglary in a house just a block from colemanelementary. the call came in at 3:00 p.m. police locked the school down. we'll keep you updated. police searching for clues in the shooting death of a man in an apartment?kçñ buildg parking lot. the shooting and report of a man with i gun forced a lock down of a nearby school. more lock downs involving schools today, police tell us the victim did0e7ñ not live ine apartments but the family did. >> and we're learning about the incident yesterday in cupertino left this silver car with blown outside windows. a marine was on highway 85 when he heard shots being fired. the pictures from sky 7 hd show you it shut down all southbound lanes for an hour, police tell us it marine was in the targ yitd bit victim of a random shooting. >> and update on a story we first brought you this week about a brazen armed robbery inside of a packed walmart. police want to you take a look at this image. these pictures show two men they believe held up the davis street walmart monday afternoon at least one man

michael coleman of kansas city's kctv has more now. >> reporter: evidently what happened was he killed his girlfriend, came over to the stadium where there was a scheduled team meeting, and he's in the parking lot. the police by this time, they heard the news, they're looking for a black man who has a gun, supposedly a chiefs player, he arrives at the stadium, he's in the parking lot for the players, the general manager, scott pioli, the head coach romeo crennel, they're talking to him, their lives were never in danger. they said they never felt they were in danger. and when the police arrived, that's when mr. belcher pulls out the gun and shoots himself in this parking lot about 100 yards behind me. and right there in front of the gm and the coach. >> michael? what about his reputation? did he have any off the field troubles that anyone knew about? you said he was the last guy you expected. did anyone know about any trouble? >> reporter: none. >> none. >> reporter: none. this guy was very quiet, kept to himself, he's a hard worker and, you know, i don't want to make it sound like he w

guest: that is part of the numbers that alisha coleman- jensen was showing. we know that these programs were successful in reducing through hardship among families. there has been some research -- prove hardship among families. after is been some research done on the stamp program, looking at how to dissipating in the program has reduced food insecurity, -- looking at how the program has reduced food insecurity. also, school lunch and breakfast, children participating in this plan has reduced insecurity. host: as with the key issue of food and the topic of hunger in america, we have divided our phone lines regionally. explain this chart as it could food security of the insecurity, but employment right, and the very low food security. guest: there was an increase from 2007-to-2008. food insecurity has been stable between 40% and 15% since that time. -- 14% in the 18% since that time. the very low security, those are experiencing reductions in food intake. that increased from 2007-to- 2008. we saw a modest decline in 2010. the green light on the graph shows the

our tax man, david elyashar of horwich coleman and levin, joins us on set. good to have you back on the show. > > thanks for having me. > according to cnn money, gross earners, or taxpayers bringing in $250,000 on average, took deductions of $91,000 in 2010. congress is about to potentially limit those deductions to maybe down to $50,000. but that means for this year, you can still take some pretty decent deductions. true? > > correct. > let's talk about some of the top deductions for the wealthy, starting with state and local income taxes. > > state and local income taxes are nice for wealthier taxpayers, because of course the more money you make, the more you are going to pay in state taxes. and depending on what state you live in, that could have an even more meaningful impact. for example, in illinois, we have gone from a 3% tax rate to a 5% tax rate. in many states that could be as high as 9% or 10%. > the wealthy also love a charitable deduction. > > that's right. for wealthy taxpayers, when they have more disposable income to make charitable contribut

its time for the caption this segment and it's submitted by beth coleman of her son. he looks cute. in that santa hat. we posted this on facebook and it's generated a lot of comments. and chris wrote in saying is the elf on the shelf watching. this is worth an ipad at minimum. and angie says mom says if i am good, santa will bring the rest of the suit next year and rachel says give me what i want santa and i promise i will be like this all year-round. so thanks so much for beth for sending in a cute picture. benjamin i hope santa treats him well and i need caption this photos for next week so e- mail -- actually this week e- mail yours to pix@wmar.com. megan over to you. >> thanks lauren. >>> it was not your typical garage sale. people looking for a barkin got the chance -- bargain got a chance to buy stuff from aledgened. bob hope's family sold off his belongings. more will be up for auction nextyear. he died in 2003 at the age of 100 years old. >>> well, it turns out that agent 0 07 is on top. skyfall worked its way back to number one with the weekend box office. it brought in 11

>> approximately five years ago, i came up to washington, dc to interview a guy named william coleman, jr. mr. coleman, who is now, i think, 93, and works 12-hour days in d.c., was of interest to me as a subject because he was the first black law clerk on the supreme court. i came up, got a good rate to stay at the a mayflower hotel near washington, dc. and i went over to interview bill, and we we are making chit-chat, and bill asked me where i stayed the night before. and i told him the mayflower and how nice it was and harry truman's favorite hotel, and bill said, you know, in 1948, when i clerked for sf, they wouldn't serve me at the mayflower. and he started telling me a story about lunchtime, when he and his co-clerk, elliott richardson, who would go on to hold more cab it in positions than anyone in american history -- were planning a lunch outing and decided to go to the mayflower. a couple minutes before they were going to leave, el yet came back to chambers and rushed into sf's chambers and there was a hushed conversation, and franklin came out close to tears and at that poin

who consistently came out to support this initiative including the chinese progressive association, colemanadvocates the sro families collaborative -- the san francisco organizing project, the sierra club, the san francisco bike coalition, the senior action network, and many others. i on a more personal level want to thank sheila haggan from my office who first talked to me bg-á this item two years ago. and it is i think completely accurate to say that we would not be here today without her tenacious knowledge advocacy, and it's been an honor to see this unfold and to get this to this pointáb the second item that i want to talk about is an item that idúÁ am cosponsoring with supervisor cohen, who has been doing a great deal of work since her election, on the issue of reproductive rights. it's a resolution commemorating the 40th anniversary of rowe v wade at the and commending the work of those in san francisco. the 40th anniversary, the landmark supreme court decision, and those of us who have seen the importance of this know that the access to legal and affordable family planning has been

the storm certainly made a splash in the south bay, flooding this section of coleman avenue in san jose. and rain pummelled the roadways, stranding this motorist on highway 87, pooling water and slick surfaces prompted many to have a cautious commute. >> you can crash in a second. your brakes are not going to work with water. so i think it's pretty crazy driving like this. so i prefer to stay home. >> reporter: parking lots became ponds. here on alpine road at highway 280 near palo alto, a sloping power pole caused high voltage lines to sag, forcing the road to close. throughout the south bay, pg&e says more than 200 customers lost power. the heavy rains and winds transformed the landscaping in the front yard of this los altos home when a large ash tree came crash do you think. but for some, the storm offered a chance to enjoy solitude in a bike path on los gatos, and take photos of birds nudged out of hiding, hike this great blue heron, a welcome break from the storm preps ahead. >> so we're doing a double-check of the generator and making sure that we have extra water supplies in the

amendment, and i actually want to really congratulate the young people, organizations like power, and colemanfor youth, youth commission, youth students from public schools and private schools, who were all on board for this, you know, free muni for youth program. it would be great to see it pass. and we can actually have a great example for other cities in the bay area to follow. i know there's a lot of interest in the bay area as well seeing that happen. >> president chiu: supervisorú/] elsbernd. >> supervisor elsbernd: thank you, mr. president. through the president, supervisor campos, i struggle today to follow your logic. i have a real difficult time. just 20 minutes ago we heard you present the choice that the police department was going to have to face was violence in the mission or enforce public nudity. that's not a false choice? i mean that's one of the most bogus choices i've heard. i didn't say anything because i think everyone here knows hour police department knows how to prioritize. that wasn't a budgetary issue. that's not a false choice but this is. i hope everyone here under

i wanted to also thank supervisor kim and coleman advocates and the board of education commissioners,w with vice president rachel norton, sandy -- stepped with us on the steps today for the cities to step up and support the most vulnerable high school students that are in danger of not graduating, i think about 1900 students as the chronicle stmed two days ago. but i am sensitive to supervisor campos' comments about the potential threats to the rainy day fund and imhoping with the week's continuance that we try to work on this issue. i know -- lee, one of the -- and sf usd has developed an action plan to make sure students have potential to meet a through g, csu requirements that we support as many people as we can with not only after school programs but on line and other types of supplemental support so that we maximize our support so we make sure students don't fall through the cracks and they could earn their diplomas for high school. i agree with supervisor olague that this is a issue about equity. it's about supporting not only african-american and latino high learner high school

election which is expected to sweep the current prime minister from power let's now talk to james coleman delatour of the current affairs website the colbert report he's in the south. thanks for joining us what's behind japan's economic slump do you think. well it's basically japan has turned into the basket case of asia economically speaking over the past two decades since the ball bubble popped in the late one nine hundred eighty s. early one nine hundred ninety s. and for two decades japan has been floundering to try to come up with any sort of way to stimulate the economy but in the traditional japanese fashion of not being too risky with anything that they try so for a long time now we've seen the b.o.j. that they're going to pan flirting with the idea of trying various steps towards monetary stimulation but there is even a very big version to inflation in anything that could upset the apple cart on the way to what they hope will be a recovery so it hasn't gone very far stuck its toes very deep into that water so far but we might see a big change in next week when it's expected that

sean coleman lined up at 6:00 a.m. one of the first to find out he qualified. >> exciting day?s. better than a birthday! >> would wish you best. >> not everyone who applies will qualify. applicants must have a consistent income ask strong credit history. for those who do qualify the $20,000 will being forriven if the buyer stays in the home five years. or owe prorated 20% per year of residence. >> the goal making sure we don't have people jumping in and flipping properties but that stay there. >> this family just found out they did not qualify for the down payment assistance. >> we were closer than we realized to you know having something we can call our own. >> we are closer. i do feel better about what is going on now, than before. 7:00 tonight ask all day tomorrow, 10:00 a.m. to 7:00 p.m. preregistration is closed but walk ins are welcome. there is more information on our web site, that is abc 7 news.com. in oakland, abc 7 news. >> laura, thank you very much. in the south bay looks like owner of a luxury car lot made off with 20 high end vehicles. we first brought you this s

watson has been on the battlefield for a long time and she stood with the people and she remembers coleman alexander young who for many of her generation is symbolic of strong african-american elected leadership who got the job done and i think what she's saying makes sense. the president of the united states needs to address urban policy that's all she's saying detroit gary indiana harrisburg pennsylvania many municipalities across the nation either in debt. headed towards bankruptcy cutting fire cutting police cutting city services and while we are rebuilding nations and other places across the world our cities and our school districts at home are failing and falling apart and something has to be done that's all she's saying i agree with her yeah i do too and i find it amazing that george w. bush committed to trillion dollars of american money i mean that's far more than eisenhower spent building highways all across the country and building hospitals and schools which incredibly stimulating as a two trillion dollars on on wars and then you know kind of rebuilding from those wars in iraq

caroline rye cliff and alicia coleman jackson dealing with food and hunger. i want to ask you as you look through some of these figures what surprised you the most? what did you learn? guest: well, thanks for having me. just to talk about some of our main findings our statistics are based on food calendar year 2011 and that's base tond food survey conducted in 2011. we found that about 14.9% households were food insecure. food insecure means they lack consistent food. food insecurity rate in the u.s. is around 14% to 15% since 2008. from 2007 to 2008 food insecurity increased with the resession. it was at 11% prior to the recession. >> let me go to this sub head linebacker here. the 15% of these households being food insecure means they have trouble putting adequate food on the table. the question is why? why do we have hunger in america even in today's day and age? >> we have a number of programs that target at food insecurity but we have very high poverty rates in the country, high levels of unemployment and this contributes to the levels of food insecurity

sean coleman lined up at 6:00 a.m. one of the first to find out he qualified. >> exciting day?s. it is. better than a birthday. >> wells fargo making $5 million to perspective home buyers in nine east bay cities. oakland, fremont, antioch, pittsburgh and bay point. >> and we wish you the best. >> not everyone who applies will qualify. applicants must have a strong credit history and a consistent income. this woman came up short. >> are you disappointed?. >> slightly. but encouraged there are other programs out there i could possibly continue my journey on homeownership. >> for those who do qaul fwi, the $20,000 will being forriven if the buyer stays in the home five years. or prorated 20% per year of residence. >> the goal making sure we don't have people jumping in and flipping properties but that stay there. >> the east bay city lift program is part of a effort by wells fargo to comply with a 2012 settlement with the department of justice. >> they chose to do this. and... we're appreciative of that choice. because it's going to make a difference in our neighborhoods. >> those

coleman offers 1700 level. lot of activity in december.nd they're expecting a huge move in the next week and a half. liz: no real fear in the market, so pretty significant blows around 15. bond yields are not doing anything exciting. do you look at that and say i am in? or do you say the fear trade is over? >> always at the volatility index and that is one of the gauges a look at it daily basis. basically levels of the s&p 500 futures the highest since obama was elected presidency. we sold awfully hard, we got back and possibly took some stocks off. we're reversing a little bit from the upside, selling off a little bit. the fiscal cliff are the two words that will be mentioned the most. we have costco earnings tomorrow, we'll keep an eye on that one. liz: is anybody looking at the fed meeting? the announcement we're not doing anything it comes to cutting rates would probably the fourth quantity of easing. >> i cannot imagine we'll hear anything dramatically different from the fed difference i from e message would've gotten from the last co

. >> and after the election of jimmy carter, coleman young went to washington, d.c.home with bacon. that's what you do. that's what you do. and our people in an overwhelmingly they supported rehe election of this president and there ought to be a quid pro quo and you ought to exercise leadership on that. not just that, but why not? >> yeah, why not? i mean, let's just ahead and quid pro quo, why is that a problem? it's illegal to make a promise if you vote for a candidate that candidate will in turn give you something, doesn't matter an amount of money, aappointment to a job, all the time i was a governor or lt. governor i understood if i told somebody, vote for me and i'll get you on a board. and i can't imagine somebody on a television would say, we voted for you, quid pro quo. and that's what's wrong. why don't we vote for somebody not because of bacon, but because of good government. as a result we could have good bacon or good government. syria's leader assad has been losing the gripping in his country, raising the concerns that he might use chemical weapons on

katelyn coleman is due in january. she has a liver condition that requires medical care.hey last heard from the compup in october wefrom an internet ce in an unsafe area. it is not clear why they are in afghanistan. the family thinks they were trying to help people through an aid group. >> bad break mace be to blame for a deadly crash in moscow. >> looks like the pilot tried to use all of the brake systems on the plane but for some reason it didn't stop. it ended up crashing on the highway and bursting into flames. the death toll climbed to 5 after a crew member died from their injuries. 3 are still fighting for their lives. >>> nasa released the favorite pictures from this year. this one is the 500,000 mile long solar flair exploding from the sun over the summer. look how big it is compared to the earth. the historic landing of the curiosity rover on the surface of mars. they have a satellite image of super storm sandy a good image churning on the waters along the eastern coast. shuttle discovery agencies final voyage on top of a boeing 747 this shot as it flew over the

shawn coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. exciting day for you. >> yes. most exciting thing is better an birthday. >> we wish you the best. >>reporter: not everyone who applies will qualify. applicant must have a consistent income and strong credit history. for those with do qualify the entire 20,000 dollars will be forgiven if the buyer stay ins the home for at least 5 years. prorated 20 percent year of residence. >> goal is to make sure we don't have people jump in and flipping property but to stay there. >>reporter: stewart stopped to view the home tour. even though they just fun out they did not qualify for the down payment assistance. >> we were enclosures than we realize to having something that we could call our own down the line. >> we are close. still have few things we still need to do but i do feel better about what is going on now than before. >>reporter: all day tomorrow here at the downtown marriott 10:00 a.m. to 7:00 p.m. ment pre-region strition is closed but walk instance are welcome. more information on our

non-executive chairman, charmed and ceo of knight right now will actually be executive chairman with daniel colemangetcollc at present. a little bit of shift in terms of structure of management and board and deal sweetener. it was a close horse race. a lot of folks were happy with virtue from any knight side, there was a lot of mutual respect between the two companies. at the end of the day, getco had better economics and ultimately what the board had to go with. >> thank you very much. stay tuned. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas

sean coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. >> exciting day for you? >> yes, it is. most exciting thing, better than a birthday. >> and not everyone who applies will qualify. applicants muff a consistent income and strong credit history. for those who qualify the entire $20,000 will be forgiven if the buyer stays in their home for at least five years or prorated 20% per year of residence. >> the goal is to make sure we don't have people jumping in is flipping properties but lit rattily stay there. >> they stopped to enjoy the home tour even though they found out they did not qualify for the down payment assistance. >> we were closer than we realized to having something that we could call our own down the line. >> we are closer. we still have a few things we still need to do, but i feel better about what's going on now than before. >> this event goes all day at the downtown marriott. 10:00 a.m. to 7:00 p.m. preregistration is closed, but walk-ins are welcome. there's more inform

sean coleman lined up at 6:00 a.m. and was one of the first to find out he qualified. >> exciting day for you? >> yes, it is. most exciting thing, better than a birthday. >> and not everyone who applies will qualify. applicants must have a consistent income and strong credit history. for those who qualify the entire $20,000 will be forgiven if the buyer stays in their home for at least five years or prorated 20% per year of residence. >> the goal is to make sure we don't have people jumping in is flipping properties, but literally stay there. >> they stopped to enjoy the home tour even though they found out they did not qualify for the down payment assistance. >> we were closer than we realized to having something that we could call our own down the line. >> we are closer. we still have a few things we still need to do, but i feel better about what's going on now than before. >> this event goes all day at the downtown marriott. 10:00 a.m. to 7:00 p.m. preregistration is closed, but walk-ins are welcome. there's more in

in this situation because companies that acted a little different than companies, you know, like coleman, investment banks. can you explain a little bit about the prevention of these problems? and now you have gained a lot of financial education since he started. can you explain a little bit about how that work. >> sure. glass stiegel was the depression-era law that separated investment banks from commercial banks. so it put a -- it meant that, well, you know, basically a bank like chase could not also do investment banking activities and also in other areas like insurance. that bill really got dismantle by a series of regulatory decisions by the fed meeting of to the very end of the clinton administration where the last vestiges were basically voted or removed, torn apart by legislation. what president obama is referring to, and he is accurate, some of the biggest collapses and failures of the financial crisis did not happen from commercial banks that also an investment banks. it was either pure in best to have investment banking or insurance company. in this popular thing that is done

he is in prison at the has been to treat and coleman, florida.has been imprisoned for 37 years from now asking president obama for clemency. on saturday, there was a concert here in his honor. go to d

. >> after the election of jimmy carter, the honorable coleman alexander young, he went to washington, d.c. he came back home with some bacon. >> i remember that. >> the that what you do. that's what you do. our people in an overwhelming way supported the reelection of this president. there ought to be a quid pro quo and you ought to exercise leadership on that. >> greta: so ha as the white hoe responds to that, darren nichols joins us. i suppose the white house has not specifically responded to that demand? >> well, absolutely correct. as far as i know, the president has not responded to that request. that is something that council woman joann watson has said on a number of occasions. this time she linked it to last month's reelection of the president. she has called on numerous occasions over the last three or four years for the president to come in and bail out detroit because of its numerous problems over the last decade. >> greta: i read, darren, that the unemployment rate in detroit is about 18% in the city proper, around 18%. detroit's in deep trouble. is there anything that co

he is in prison at the has been to treat and coleman, florida.has been imprisoned for 37 years from now asking president obama for clemency. on saturday, there was a concert here in his honor. go to democracynow.org to see him reading his own poetry. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!]