On Wednesday, President Obama unveiled his $75 billion plan to rescue troubled mortgages. So how would it work? Would it work at all? Is the Senate Republican plan any better? What will really solve this housing meltdown? We ask David John, senior research fellow in domestic and economic policy at the Heritage Foundation. We also get David’s reaction to the growing call to solve the financial crisis by nationalizing financial institutions. What would nationalizing the banks mean? What is Obama’s thinking on the issue? And would the government ever get out once it gets in?
