Michael Capuano
The Public Record
But there is no given that somehow the FHA or government involvement in certain aspects of the market is a good thing.
I think it speaks for itself, when you lose 40 percent of the companies doing the business, that there is an inherent problem that everybody has to share.
I can't imagine that anyone would defend a stupid law, and therefore we should change a stupid law.
I happen to believe that had it not grown at the time it did, there would be no housing market right now.
If we allow the FHA to continue going where it is going... there will be no middle-class people.
I think I read this correctly, but would it be fair for me to paraphrase this to average people that the Chairman of the Federal Reserve thinks that sequestration is stupid?





