"Bush Offers an Umbrella When We Need a Tent"–Jesse Jackson

Video, audio and text for interview with Jesse Jackson on the Bush proposal to fend off foreclosure for some of those affected by the mortgage crisis. Jackson is leading a march on Wall Street today (Monday) for what he feels is a band-aid for a huge crisis.

REV. JESSE JACKSON: He offers an umbrella when we need a tent, number one. We put together a resolution—a Reconstruction Finance Corporation to bail America out of the Great Depression, similar to the Resolution Trust Corporation, the S&Ls in the 1990s. This thing is so big it's beyond, in some sense, blame... In the meantime, you're looking at record levels of evictions and foreclosures. And when you cannot pay taxes, it undermines schools and public transportation and healthcare. And that's why the government has a role to play. Bush recognizes a role to play. He covers maybe 7% and leaves 93% out in the rain. We need a much more massive approach than this by our federal government, a kind of mortgage Marshall Plan.