Bill Clinton, David Letterman, and how Wall Street, The Middle East and Your House All Fit Together.

In case you didn’t catch it, Bill Clinton was on The Late Show with David Letterman the other night.  

Even if hard-news interviews by entertainers aren’t your cup of tea, the conversation between these two veered in an interesting direction for American homeowners.  

Asked by Letterman for his views on the Occupy Wall Street crowd, Clinton deftly discussed the protestors’ motivations:  “Essentially what they are saying is America, A, has become too unequal, and, B, some of the people that have caused the problem are in good shape today and a lot of them (the protestors) aren’t,” Clinton said.

The former president and Letterman then quickly drew the parallel between unrest on Wall Street and activists on the Arab street.  

Clinton praised the protestors in Egypt, in particular, as “among the most impressive young people I’ve ever seen.” But he also  pointed out the limits of such passion.  The Egyptians were, like the Wall Street protesters, merely against an unfair past without having concrete suggestions for the future.  This is a mistake, Clinton said, because it has left “a vacuum for others to fill.”

And then Clinton turned to your house, and how it could be the key to a better future in the US.

“I believe we have to resolve the housing debt,” Clinton said, “and flush through it much quicker than we are to get back to a full-employment economy.”

You may not love Clinton, but it’s hard to argue with him on these points:  If there were no housing crisis, and if more Americans were working, there would be a lot less reason for protest in the United States.  

Here’s a link to Clinton’s interview with Letterman: 

http://www.youtube.com/watch?v=SQUyd-rMl9g&feature=player_embedded#!

What do you think, would a quick resolution to the housing crisis get America back to work and make a better nation?

Let us know!