If we don't do this, it will cost us even more. This economy is now in the worst shape since the Great Depression. And if we do not respond in a very firm way, it gets worse and worse and feeds on itself.
Barney Frank warns that failing to act on the economic crisis will lead to further deterioration.
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That makes no sense; for them not to be able to make that fact clear makes no sense to me.
I don't think asset managers or insurance companies that just sell insurance as it's traditionally defined are systemically defined . . . Their failure isn't going to have that systemic reverbatory [sic] effect.
Are we saying that America no longer wants to help the disabled, the elderly, and the children?
My biggest problem with the regulators, frankly, is they are equating the two kinds of mortgages.
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