host: we have about 20 more minutes with peter morici and dean baker. we will be switching topics in terms of home ownership. the home ownership rates could slump. what has the administration done and what still needs to be done in terms of the housing market? guest: they have made low- interest mortgages available to people through fed policy. they have the program that is to allow people to stay in their homes through mortgage modification. those are the main programs. they have had relatively little impact. you still have close to 200,000 foreclosures going through each month. some people have been helped. it has been scattershot. a lot of people were not helped. a lot of people have been able to take advantage of the programs. i cannot think this is the best way to go about it. you still see a lot of people losing their homes. there's no way to avoid that, but you can help many of them. guest: we need to let the housing market play itself out. the support received from the fed with interest rates below 5% has been counterproductive. we have over sub

host: we have about 20 more minutes with peter morici and dean baker.we will be switching topics in terms of home ownership. the home ownership rates could slump. what has the administration done and what still needs to be done in terms of the housing market? guest: they have made low- interest mortgages available to people through fed policy. they have the program that is to allow people to stay in their homes throu@@@@e@mdh &am) in the sense you have 270,000 foreclosures a month. you have some people helped through those programs. a lot of people who should have been held and were not. the programs. i cannot think this is the best way to go about it. you still see a lot of people losing their homes. there's no way to avoid that, but you can help many of them. guest: we need to let the housing market play itself out. the support received from the fed with interest rates below 5% has been counterproductive. we have over subsidized mortgages. we need prices to stay down. housing has become too expensive for ordinary people. if you are a young person comi

and then a look at how president obama is handling the economy with dean baker and peter morici. as always, the day's news and your phone calls starting live at 7:00 a.m. eastern, here on c- span. >> this thursday, on c-span, a day of tributes on u.s. and world leaders including the dalai lama, ted kennedy, ronald reagan, walter cronkite, and colin powell. then, a look at what is ahead. presidential advisor is, the creator of the segue and the co- founder of the guitar hero. >> the british house of commons is in winter recess until january. this week, we work -- we are going to show you bbc's "the record review." this one our program discusses parliament scandal

and a look at how president obama is handling policy with dean baker and peter morici and as always today'sews and your phone calls starting at 7 a.m. eastern here on c-span. >> now available c-span's book, a -- abraham lincoln, a great read for any history buff, it's a unique take on lincoln, from lincoln's early years to his life in the white house and his relevance today. abraham lincoln in hard cover at your favorite book seller, and available on audio. see more at c-span.org. >> now a discussion of policy. . slavin the national securityç assista managing and writer for the washington times and jonathan broder defense fortune policyç writer. let's beginç with some of the news of the morning. associated press reporting another crackdown of iranian security forces opening fire killing at least three in tehran. barbara slavin, your reaction? >> not surprised at all. what we have seen since june 15 is that the iranian people are using every official holiday to using every official holiday to go out and protest the results of the elections which they believe were stolen from them but thei

then, a look at how obama is handling the economy d dean baker and professor peter morici.today's news and your phone calls starting line at 7:00 a.m. eastern here on c-span. -- starting life. >> this thursday, a day of tributes to u.s. and world leaders including the dali lama, ted kennedy, reagan, walter cronkite, colin powell, and robert byrd. new year's day, and look at what is ahead. the russian prime minister discusses his of future from his annual call in program. the creator of the segue and founder of "guitar hero" plus the art of political cartooning. >> he recently co-wrote a book titled "if we can put a man on the moon, getting big things done in government." this is just over one hour. >> ladies and gentlemen, please welcome daniel franklin, congressman eric cantor, adam bolton, and david greggory. [applause] >> we will go around the world but starting in this country. let me introduce our panelists. ca. ntor -- congressman eric cantor familiar to everyone in this country. he is the republican whip and has a busy year ahead of him. joe lockhart was the chief sp

and a look at how president obama is handling the economy with dean baker and peter morici, and as alwayshone calls on c-span. >> this thursday on c-span, a day of tributes to world leaders, including dalai lama and kennedy, reagan and colin powell. we will see innovations and creator of segway and co-founder of guitar hero. >> author william eggers spoke recently in san francisco about his book of what he sees in the good and bad of government, this is just over an hour. >> thank you all for coming. and thank you for the commonwealth for having me here, it's an honor to speak. it's great to be here in sunny california. you got to love the weather. i am pleased to be here tonight because so many of my friends and colleagues and many of my relatives are here. my brother and his wife and a lot of my cousins, i have a whole row there, it means a lot to me tonight. if we can put a man on the moon, how many times have you heard that phrase? if we can put a man on the moon, why can't we cure homelessness. if we can put a man on the moon, why can't we p÷ui÷% schools. and from my favorite source,