and we were that close to that happening in fargo and morehead. but in minnesota and north dakota, the red river doesn't divide us, it unites us. and it is in that spirit of solidarity that we drive our efforts to help the red river basin. this year we were fortunate that the flooding was not nearly as severe as it had been projected. literally a week before the crest went down, it was projected to the the second biggest flood in history with the late snow. back in 2009 and 2010, homes and farms with ring dikes around them literally looked like small islands floating in the flood waters. and if you think this just lasts for a day or a week, it literally lasts for months. entire towns create ring dikes and they can only get out of them with boats. now, that is what's happening near the canadian border in minnesota and in north dakota. the town of georgetown, minnesota, threatened every time the red river rises and the buffalo river overflows. the vte said, this is so nice of you to be helping making lunches for people, and he said, actually, i lost

. >> it is true, wve made a lot morehead way in commercial lending. large commercial deals -- s -- >> they still have to have a lot more skin in the game? what is the rule of thumb for homebuyers. >> right now, you have to have excellent credit, you have to have equity in the house, days of thinking you are going to acquire a home put down 1 or 3% that is. neil: what is realistic? >> 20%. 25%. and also looking at very high credit scores. neil: being? over what. >> high certains unless you go -- high 7, unless you go with government loan you can go for a less. neil: is know that irk -- isn't it ironic with the a government if should be higher. >> it does not make sense, but be careful about your credit because, 75% of the people's credit have mistakes on hem s on them because of the credit companies. neil: that is a whole separate issue. i am wondering what if we're wrong, what if this housing hunch of a come bark i a comeba. i think they lot of us base our value what we think our home is worth. more so than americans who might not have stock portfolio

morehead's may roll. irs will implement findings from that report.he president saying i am angry, i won't tolerate this behavior. the irs has to operate with integrity. and of course his agency ppssibly more than any other federal agency touches the lives of every american. if you pay taxes, , you know abt the irs, and posbly the irs is a bit scary to you. the next guess we have is now lou dobbs. you listened to this four minutes conversaon for a president. what did you make of it? >> straightforward as you might expect, the president went on national television to tell us he is firing a guy who deserves to be fired, phaps more. i don't know. it isn't a decision that is going to resonate or stall h the internal renue service managed to get into the business of creating enemies and targeting conservatives in this country and this president did not speak out against the very atmosphere that had been created wi the internal revenue service. th is a president who is trying to save his posterior, and it is clearly the principal effort and it is also very

we look at flood protection for the 200,000 residents of fargo, north dakota and morehead, minnesota. they have been fighting rising flood waters in recent weeks. it goes on to texas and all -- i could name literally every state in the union that has something at stake. i talked about everglades. will. mr. sanders: will my colleague yield for a moment? mrs. boxer: i will. mr. sanders: i thank the senator from california and the chair for the excellent work she's done on the project. we have in vermont one small concern i hope will be addressed in this bill. in vermont, we suffered through irene and it was a devastating experience for many, many communities in the state, and businesses. the problem that we are having now is that we have state regulations which correctly require that culverts be built that can in fact deal with the real problems of flooding. unfortunately, what fema is prepared to pay for is inadequate infrastructure. culverts, among other things, that will not address the problem if we have to deal with another problem like irene. so this is a very modest proposal. sen

i just wanted to comment on the president's beautiful speech at morehead college in georgia.ith every word he said about the importance of family and fatherhood. however, he has a pattern of saying these beautiful words, yet doing oftentimes just the opposite, like in the case of families. he's for abortion. he's under the obamacare. he's forcing tax payers and businesses to provide abortions, drugs, as part of the program. and there's many other cases where he's the most pro-abortion president we've had. it just doesn't make sense, and because those unborn children are part of a family. we were all unborn parts of our family. and he doesn't seem to get it. his beautiful rhetoric is one thing, but so many politicians can speak eloquently, but it's what they do that is more significant. and i wish he would be truly -- observe his own speeches, his own words. host: thank you for the call. a lot of you focusing on the president's remarks at morehouse college in atlanta. he spoke to the naval academy on friday in annapolis, maryland. here's another portion of the president's spee

provides life-saving flood protection for more than 200,000 residents of fargo, north dakota, and morehead, minnesota, who have been fighting rising waters in recent weeks just like they do most years after the spring thaw. the bill will restore the reliability of a levee system that protects topeka, kansas. these levees protect thousands of homes and businesses, and this project will return over over $13 in benefits for every dollar invested. mr. president, you're a fiscal conservative. we are talking about a bill that invests a dollar and gets $13 back. so flood control and flood protection is critical. all we have to do is look at sandy and look what happened and look at the cost -- sandy, one event, $60 billion. so if we were to invest a portion of that in trying to mitigate these problems before they start, that's what the wrda bill is all about and why it is so important and essential and i hope doesn't get bogged down in extraneous amendments. i talked about the ports. whether it's a project in texas to widen and deepen the sabine waterway, that will have $115 million in annual bene