yesterday, the national housing fed reagan reported that a first-time buyer in london needs a salary of almost 100,000 pounds to buy an average-priced property. in light of it, could the deputy prime minister tell me how many low coast homes will not be built in the capital as a result of his government's decision to cut the affordable housing market by 53%. >> what i do know is that we inherited a situation. well, you don't like to hear it, but you've got to hear it. it's the truth. fewer affordable homes are built. more and more families ended up on the waiting list for affordable homes. we have a plan finally to put that right, to increase the construction of new affordable homes, but the party opposite never achieves. >> it's suggested that not one of the conditions for success exists in afghanistan. is there a more realistic assessment of the situation? >> i think we have stopped trying to produce realism. the implication of the question, to recognize that there isn't a military solution for the conflict in afghanistan. it has to be a marriage of a military strategy, which applie

fed, bernanke say no, we're not worried. we're worried about deflation! but a national survey for the national association for business economics ranked inflation a bigger worry than deflation. sure, your house deflate in price but everything else will go up. what does it mean to you? more in a minute. here is another one i thought was incredible. the dollar. the weakest currency in the world! the dollar. that is up there with the peso, by the way. who said this? don't worry, only j.p. morgan. j.p. morgan. the weakest currency in the world the dollar is on pace to become. the cities are broke. detroit suburb took steps to file for chapter 9 bankruptcy, a move that revealed news of hundreds of cities in michigan that are about to follow suit and declare bankruptcy. again, who saw that one coming? china, china. can you ask your friends, are they a friend or a foe? they are the new leader in the world. the rest of the world is looking to them to lead. did you see the story that happened this weekend? as we attempt to lessen our coal use and we're told we have to stop it. we're told we have to stop. china has had a massive increase in coal production. the other thing is, don't worry, it's such a