Richard Shelby actually said...

I just believe that if we come push to shove, that it is going to be very difficult for the Government not to step in and save the system.

encouraging low down payment lending is a mistake. It just creates gambling.

It is a catastrophic risk.

Guarantees are perilous. Governments are not very good at doing them, not very good at designing them, not very good at pricing them, not ve...