mr. greenspan says it does not work.ts more," and that is it for tonight on "the willis report." thank you for joining us. see you right back here tomorrow. have a good evening. ♪ ♪ >> good evening, everybody. i'm ashley webster internet for lou dobbs. president obama receiving more potentially devastating news regarding his controversial health care law. the supreme court announcing that obamacare is back on the docket, and the question of whether or not the president's signature law and -- in fringes of religious freedom will be decided. announcing today a bill will take up the dispute of the u.s. businesses claiming religious objections over the laws contraception mandate. that issue has divided the lower courts, oklahoma city based

mr. greenspan also blamed the uncertainty surrounding fiscal policy and washington for curbing economic growth

mr. greenspan. but, bill, the real question i think the kind of elephant in the room, is qe working?nding trillions of dollars to buy up bond from the market, is it working to improve the economy? isn't that the real question at heart of all this? >> that's correct. but i view qe entirely different way. jump in rates last may and june show the way the fedorged qe is working is simply incorrect. qe is working as announcement about the funds rate policy. it's like ernest money or like what economists call a commitment mechanism. as long as qe is in place, the fed won't be raising rates. so they have create ad problem for themselves because they realized that central bank can't continue forever buying 85 billion. a month. it is just not working as advertised. doing something different that has create ad trap for themselves. david: and jon, bill has been very eloquent in written arguments against qe, as being a panacea, cure-all for the economy. the clear point he makes which is indisputable, the banks are stuffed with cash right now. so what good does it do for the economy to keep print

mr. greenspan also blamed the uncertainty surrounding fiscal policy and washington for curbing economic growth. you can head to foxbusiness.com to check out peter's entire interview. david: the smartest interview i've ever seen. consumer confidence falling in november as americans worry about their future jobs and earning prospects. consumer attitudes fell to 70.4, economists had been expecting a reading of 71.2. liz: u.s. homes, single-family home prices rose in september. they actually posted their strongest annualized gains in 7.5 years. that would be seven and a half years. [laughter] case shiller posted a seven-tenths of a percent gain in september. they aggregate about 20 different cities and their home prices year-over-year. that index rose. david: and big news on intel. intel reportedly looking to get $500 million in the sale of its yet to be launched online tv venture due to its struggle to obtain video content. samsung and verizon are said to be among the list of potential suitors. liz: taae two planning to buy 12 million shares that are held by activist investor carl icahn. the buyb