Rating the Housing Market

The Fed just cut interest rates to counteract the sub prime mortgage crisis. We look at how much it might help the New York housing market, in our weekly look at real estate for the month of September. Also, Benjamin Barber on the state of Libya’s democratization; the MTA moves to add cell phone service to subway platforms and proposes new upgrades; we get analysis of Attorney General Cuomo's plan to use the Martin Act to go after energy companies; and we take calls from African-American listeners on the Republican presidential candidates' snub of the Tavis Smiley debate.