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With U.S. mortgages entering foreclosure at a record pace, what
does it mean for ordinary Americans? Gretchen Morgenson,
assistant business and financial editor at
The New York Times
, weighs in.
With U.S. mortgages entering foreclosure at a record pace, the
crisis has far reaching implications, from the financial markets to
the financial health of ordinary Americans. For the latest,
Bill Moyers interviews assistant business and financial editor at
The New York Times Gretchen Morgenson, who has been
covering the story. Also on the program: Lori Wallach,
director of Public Citizen's Global Trade Watch, on the secret
trade deal negotiated by leaders of the Democratic Party and its
implications for labor unions, consumer groups and the environment;
life-long GOP insider Victor Gold on the current state of the
Republican Party; and Bill Moyers on Rupert Murdoch and The
Wall Street Journal.