" This is Money Markets & More for Tuesday march 31 2009. From the newsroom of the MarketWatch radio network I'm Steve Potisk coming out. What is the future for auto makers and auto buyers. And I'm John ward uncle also coming up I want to my."

" And TV and here's a concept MTV going back to actually playing music videos now and say it ain't so."

" We'll have that story along with and Kate's coming up. But first let's promoter another qualities podcasts -- news about gadgets and gizmos."

" Then you need to listen to take on tech he could find that at marketwatch.com. Slash podcasts and on iTunes."

" On the -- about the housing market we'll get some attention on both the earnings that economic fronts home builder Lennar center cracked open its quarterly books. And we get another look at home prices -- p.'s Case Shiller Index coming -- MarketWatch dot com's chief economist doctor Irwin Keller is looking for 18%. Drop in prices for January. Right up there -- what we saw the prior month also look out for earnings from borders and -- As well as news on the mood of the consumer and the state of manufacturing in the midwest on this date in business history 1918 daylight savings time goes into effect. From the US for the first time. 1998 -- Netscape releases the code base of its browser under an open source license agreement given the code name Mozilla. And just a year ago aloha airlines permanently ended passenger service. Wall Street's big march rally a little less impressive as stocks opened this week with a big sell off. Auto makers of financial stocks led the way down after the Obama administration forced GMC EO out and -- bankruptcy is still a possibility for it and Chrysler. GM shares sank 25% also banking stocks fell on fears that sector we'll keep on struggling. So you put it all together and after three straight weeks of gains the market bulls exhausted. It took some money off the table the Dow lost 254. NASDAQ fell 43 S&P dropped 28 points. I'd Tracy -- spoke with our resident card -- about where Detroit. Goes from here."

" Casey Phillips joining me is market watches I don't columnist and market -- radio anchor Ron Amidon he's going to share. His insights on that -- it's. Is next and it for the auto makers and how the Senate changes the landscape now there are run. What is these -- that GM and Chrysler and and potential for. For possibly government -- bankruptcy. Going to due to industry."

" Although the real concern is what is going to mean for consumers and their reluctance to purchase and a car from of the two auto makers again do you want to go in and buy a car. And it's a long term commitment for for the answers over -- three to five years of that company may go chapter eleven and a our you know that's that's the real unknown question terror even with the government announcing that it would stand behind the warranties and other work that into auto makers. I think this certainly going to be your reluctance for some it went into that especially when so much competition. Right up the street you know from from those two ships. Difficulty a lot of and sentenced may be a lot of competition but. Well that requires money I mean that's a darn thing about it if your Chrysler GM all these things require money after -- trust him and senator. That that's going to cut and your bottom line and that's something that they are very conscious of it is time. So there really a tough a time right now for both GM and Chrysler. Because some of the competition is tough the seals are way down who they were off better than 40% in February nobody's and I've -- and -- going to be so much better. So it's really a tough time for auto makers -- earlier in the US but all around the world do you think this and we'll keep people out of this show rounds. Now I do the only thing is selling these days is used cars and that's enough hopefully to keep some of the dealers going certainly one of the things we're gonna sheet. If there's going to be a huge restructuring expression in the -- and the case of General Motors I would think is a -- were products of Korea announced its Saturn. And -- or probably going to be sold off as they possibly can. The Pontiac is going to be downsized considerably to carry all that out. That means first of all that you and I experience from plants that means a lot of people. There's going to be fewer dealers GMs were trying to do that for some time. Shall -- that is brought about it because of a even a structured bankruptcy. Who's gonna ever profound effect on thousands and thousands of people across the country I jobs absolutely because you have not only that you have to parts suppliers. You have. The dealerships in the amount of -- actions salespeople and administrative types that they have script quite an effect all across the country and then of course share of the purple affect you lose a lot of jobs in. Some town to a group liberty out fewer people are buying suffer local. -- you know outlets and all this in the middle of a recession."

" These giants had signed now what you think is going to happen when we have the auto sales released on Wednesday."

" They're supposed to be down a very very sharply in March once again again a lot of people reluctant to make the commitment to about buy anything long term. Does it and from what I've read people are going and even to. Wal-Mart these days -- buying just the essentials and that's about it and putting a lot of money and save examined which and that in the last. Report on personal income and ship initiative personal savings were way. That kind of overlooked in the idea that that spending went up by -- but for the we've shocked a lot of money away and that last month took to the study covered. So we are putting some money away the believe for the part of most auto executives -- whenever this thing breaks and who knows when that's going to be here was going to trigger it. There is expected to be a pent up demand for new vehicles and those who were around at the end may well benefit from homeless."

" Okay thank you Ron Amadon and -- he's Steve. Thanks folks so a major cable network is targeting back to its roots. Let's listen -- as John -- Arkin and Kate's -- it."

" Not too many people say hi I want my MTV anymore do you and Kate Snow non not to many people do those. Are really the golden days of videos on TV but MTV is making a comeback and it's reaching out to you and your eyeballs. And joining us to talk more about this is our consumer race and Kate so. And when you take the story from here."

" Well back in the day when MTV is first on of course it was all about music videos and play them over and over and over again but. Over the years MTV has really pretty much stopped playing music videos are doing more. Some of these reality shows that they have on there and some other. Different program but not music videos and now they've decided they're gonna bring it back so they're going to have a six hour block of music videos on Monday through Thursday morning. And basically bring back the music video form. Ads are -- running and oh yeah the ads there it it's and it course like anything else and it's going for them to make money this six hour. Block can either be broken up into pieces for sponsorship or a big company a big marketer could. Get the whole chunk of time. As a way to promote their product. And also affirmed it plays music videos what a novel concept I am now he of playing music videos yet they I've Everett I personally used to watch MTV all the time back in the eighties but as they stop playing music at. What's the point of this. VH one and its sister station her sister channel I should say. Does play music videos but again it sometimes and in limited time periods of play it. Weekend mornings and and during the weekdays as well but they also don't also have a lot of music video time either."

" I would think that this would be a great way for MTV to reintroduce itself. Too -- another generation -- for advertisers to reach out to a younger generation."

" I would think so -- perhaps that's why they're doing -- people who want. Actual music videos want to be able tenant wanted although critics say that no people are going to YouTube either collect some of these other website to getting music videos. On demand instantly instead of having to wait for a video to come under rotation."

" I gotta tell you I can't remember the last time I watched MTV but I can tell you that I've watched other channels like -- DN HD net because they have. Concerts on which is. Kind of unique."

" These days."

" That is inning VH one classic with a concerts too so those so Guns 'N Roses -- I taught kids last week in concert so it's pretty fun to go look at those did you have your platform shoes on while watching -- I did not."

" That is pretty funny are allowed to get your makeup on I did not did you stick out your tongue like Gene Simmons I did not that's your job."

" What did you do during the -- he just sat there watching and I tested. The let them."

" Boy all right and -- our consumer base all wild and crazy gal -- saying that. And thank you and as always be people if you will want to. Right as you can do so at MarketWatch radio newsroom at Yahoo.com. That's MarketWatch radio newsroom at Yahoo.com. We are going to dip into the email bank we -- email the other day from a listener. Talking about mortgages. And whether you can pay it twice a month to trying to pay down your mortgage will deal with that. In a future show this week so keep your ears to Denver getting an expert for you. Our friend from Manhattan who wrote us about that and yes. She will also read email I well. And look vigorously. Look at this may be shall do it during the next kiss concert they can help and -- reading boring business being man and RA is -- that. Folks we will take your emails we love each and every one of them thanks man thank you."

" This much is never enough all right that's it for Money Markets & More. I'm Steve Potisk we'll see you next time."