If we create the impression that this is fail-safe, that the first flood that hits your neighborhood will have helicopters there to lift you off your roof, wherever that might be, we're doing a tremendous disservice.
Mike Johanns: “If we create the impression that this is fail-safe, that the first flood that hits your neighborhood will have…”
Editor's note · Context
Johanns emphasizes the importance of setting realistic expectations for disaster response.
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Somehow we have got to figure out a better way, because at the most important time in this person's life, when they are crying out for help, it should be a simple, straight-forward pathway to access that help.
Could you do that and make it crystal clear to the public that you confirm that the role of conservator... is to be the bridge builder?
Just a word or two to both leaders. Thank you so much for your kind words. I also want to say thank you for mentioning my wife Stephanie. This has been a remarkable partnership for a lot of years, and I could not have done what I did…
It is Congress who will create the next housing finance system and that the next housing finance system is not the conservatorship of the FHFA.





