I think the Director has taken some bold, courageous steps as both a regulator and a conservator of the GSEs, but I would have to say, the same cannot be said of the Administration...
I am pretty skeptical about the prospects for the upcoming election.
Energy security is the lynchpin for our economic growth.
Unless we are careful, that pipeline which we are discussing today could go west to Vancouver.
U.S. energy security has become part of national security.
Eighty-five percent of what we spend in Canada comes back to the United States in our economy.
Current policies at the FHA have led to the crowding out of the private market.
We have to stop attempting to grow out of that situation with the approach that they are on now.
I do think we have to force the FHA to deal with its fiscal woes.
Government policies...are going to steer borrowers to the FHA and further crowd out the private market.
Let me also make another observation because I think your analysis has been the most inclusive of any that I have seen.